Worth reading
34Immaterial
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
9.2
Year-on-year increase in operating income (%)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)2023年４月１日～2023年９月30日ConsolidatedJapanese GAAPNet Sales15,636¥ millionYear on year +1.5%Progress 49.6%
Operating profit1,190¥ millionYear on year +9.2%Progress 52.9%
Ordinary income1,259¥ millionYear on year +7.3%Progress 53.6%
Net income attributable to owners of the parent808¥ millionYear on year +4.5%Progress 51.1%
The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
Net income per share37.12円
Financial position at period-end
Total assets44,742¥ million
of which net assets 38,452 ¥ millionEquity ratio 85.9%vs. prior year-end +0.3pt
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Cash inflows and outflows
Operating+722
Investment-486
Financials-1,025
Net change-789
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥9,710 million
Segment revenueWater Supply Equipment Business ¥8,285 million (YoY +1.1%), Housing and Building Equipment Business ¥6,129 million (YoY +0.8%), Product Sales Business ¥1,220 million (YoY +8.9%)
Segment profitWater Supply Equipment Business ¥2,515 million (YoY +19.0%), Housing and Building Equipment Business ¥1,009 million (YoY +0.6%), Product Sales Business ¥122 million (YoY +6.6%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥31,500 million (YoY +1.6%)
Operating profit¥2,250 million (YoY +3.0%)
Ordinary income¥2,350 million (YoY +3.6%)
Net income¥1,580 million (YoY +10.2%)
Revision to Earnings ForecastNet Sales 31,500 / Operating profit 2,250 / Ordinary income 2,350 / Net income 1,580 → Net Sales 31,500 / Operating profit 2,250 / Ordinary income 2,350 / Net income 1,580（Net Sales 0 / Operating profit 0 / Ordinary income 0 / Net income 0）
Annual Dividend Forecast¥33 → ¥36
Factors Behind Changes in Business Performance
販売価格改定の効果により、原材料価格・エネルギー費の高騰および製造費・輸送コストの上昇分を販売価格に反映した。集合住宅向け給水・給湯配管システム品の納入集中、鋳鉄商品の販売増加も寄与した。
Disclosure regarding the going concern assumption
Not applicable.
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidation0 additions (company name: —), 0 exclusions (company name: —)
Material subsequent eventsNot applicable.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥0 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥2 million
Depreciation and amortization¥306 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End23,000,000 Shares
Treasury Shares at Period-End1,509,778 Shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2023年４月１日～2023年９月30日 |
| Net Sales | ¥15,636 million (YoY +1.5%) |
| Operating profit | ¥1,190 million (YoY +9.2%) |
| Ordinary income | ¥1,259 million (YoY +7.3%) |
| Profit attributable to owners of the parent | ¥808 million (YoY +4.5%) |
| Net income per share | 37.12円 |
| Equity ratio | End of the current fiscal period 85.9 / End of previous period 85.6 |
| Total assets | ¥44,742 million |
| Net assets | ¥38,452 million |
| Cash flows from operating activities | ¥722 million |
| Cash flows from investing activities | ¥-486 million |
| Cash flows from financing activities | ¥-1,025 million |
| Cash and cash equivalents at end of period | ¥9,710 million |
| Full-year earnings forecast | Net Sales ¥31,500 million (YoY +1.6%) / Operating profit ¥2,250 million (YoY +3.0%) / Ordinary income ¥2,350 million (YoY +3.6%) / Net income ¥1,580 million (YoY +10.2%) |
| Revision to Earnings Forecast | Net Sales 31,500 / Operating profit 2,250 / Ordinary income 2,350 / Net income 1,580 → Net Sales 31,500 / Operating profit 2,250 / Ordinary income 2,350 / Net income 1,580（Net Sales 0 / Operating profit 0 / Ordinary income 0 / Net income 0） |
| Annual Dividend Forecast | ¥33 → ¥36 |
| Segment revenue | Water Supply Equipment Business ¥8,285 million (YoY +1.1%), Housing and Building Equipment Business ¥6,129 million (YoY +0.8%), Product Sales Business ¥1,220 million (YoY +8.9%) |
| Segment profit | Water Supply Equipment Business ¥2,515 million (YoY +19.0%), Housing and Building Equipment Business ¥1,009 million (YoY +0.6%), Product Sales Business ¥122 million (YoY +6.6%) |
| Depreciation and amortization | ¥306 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥0 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥2 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | 0 additions (company name: —), 0 exclusions (company name: —) |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 23,000,000 Shares |
| Treasury Shares at Period-End | 1,509,778 Shares |
| Factors Behind Changes in Business Performance | 販売価格改定の効果により、原材料価格・エネルギー費の高騰および製造費・輸送コストの上昇分を販売価格に反映した。集合住宅向け給水・給湯配管システム品の納入集中、鋳鉄商品の販売増加も寄与した。 |
Items this document does not state (6)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment loss
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.販売価格の改定により、原材料価格・エネルギー費の高騰や製造費・輸送コストの上昇を販売価格に反映したことが主な要因。加えて、配水管布設替工事への製品納入、集合住宅向け製品の納入集中、鋳鉄商品の販売増加なども寄与した。
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.