Worth reading
44Recurring
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
15.4
Year-on-year change in operating income (%)Wording
Conditional
How definitive the wording is.Results for this period
Third quarter2023年４月１日～2023年12月31日ConsolidatedJapanese GAAPNet Sales24,360¥ millionYear on year +2.8%Progress 77.3%
Operating profit1,990¥ millionYear on year +15.4%Progress 88.4%
Ordinary income2,118¥ millionYear on year +15.1%Progress 90.1%
Net income attributable to owners of the parent1,383¥ millionYear on year +15.4%Progress 87.5%
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 share¥64.00
Financial position at period-end
Total assets44,926¥ million
of which net assets 38,378 ¥ millionEquity ratio 85.4%vs. prior year-end -0.2pt
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.
Segment revenueWater Supply Equipment Business ¥12,886 million (YoY +3.5%), Housing and Building Equipment Business ¥9,450 million (YoY +0.3%), Product Sales Business ¥2,023 million (YoY +11.3%)
Segment profitWater Supply Equipment Business ¥3,895 million (YoY +20.6%), Housing and Building Equipment Business ¥1,527 million (YoY -2.1%), Product Sales Business ¥191 million (YoY +11.8%)
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%)
Annual Dividend Forecast¥33 → ¥36
Factors Behind Changes in Business Performance
給水装置事業では販売価格改定効果により増収増益。住宅・建築設備事業では販売価格改定効果やマンション等集合住宅向け給水・給湯配管システム品の納入集中により増収となったが減益。商品販売事業では鋳鉄商品の販売増加により増収増益。
Disclosure regarding the going concern assumption
No applicable matters ("There are no applicable matters")
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 consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent events自己株式1,500,000株を2024年1月22日付で消却。消却後の発行済株式総数は21,500,000株。
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
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End23,000,000
Treasury Shares at Period-End1,791,762
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2023年４月１日～2023年12月31日 |
| Net Sales | ¥24,360 million (YoY +2.8%) |
| Operating profit | ¥1,990 million (YoY +15.4%) |
| Ordinary income | ¥2,118 million (YoY +15.1%) |
| Profit attributable to owners of the parent | ¥1,383 million (YoY +15.4%) |
| Net income per share | ¥64.00 |
| Equity ratio | End of the current fiscal period 85.4 / End of previous period 85.6 |
| Total assets | ¥44,926 million |
| Net assets | ¥38,378 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%) |
| Annual Dividend Forecast | ¥33 → ¥36 |
| Segment revenue | Water Supply Equipment Business ¥12,886 million (YoY +3.5%), Housing and Building Equipment Business ¥9,450 million (YoY +0.3%), Product Sales Business ¥2,023 million (YoY +11.3%) |
| Segment profit | Water Supply Equipment Business ¥3,895 million (YoY +20.6%), Housing and Building Equipment Business ¥1,527 million (YoY -2.1%), Product Sales Business ¥191 million (YoY +11.8%) |
| 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 | No applicable matters ("There are no applicable matters") |
| 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 | New Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | 自己株式1,500,000株を2024年1月22日付で消却。消却後の発行済株式総数は21,500,000株。 |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 23,000,000 |
| Treasury Shares at Period-End | 1,791,762 |
| Factors Behind Changes in Business Performance | 給水装置事業では販売価格改定効果により増収増益。住宅・建築設備事業では販売価格改定効果やマンション等集合住宅向け給水・給湯配管システム品の納入集中により増収となったが減益。商品販売事業では鋳鉄商品の販売増加により増収増益。 |
Items this document does not state (12)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogDepreciation and amortizationImpairment 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.原材料・エネルギー価格や製造費・輸送コストの上昇分を販売価格に反映したこと、耐震性・施工性に優れた製品の提案、販売チャネルの拡大、空調分野向け製品の販売展開、集合住宅向け配管システム品の納入集中、鋳鉄商品の販売増加など。
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.