Worth reading
47Recurring
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
33
Year-on-year change in operating income (%)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)2024年4月1日〜2024年9月30日ConsolidatedJapanese GAAPNet Sales15,716¥ millionYear on year +0.5%Progress 49.1%
Operating profit1,583¥ millionYear on year +33.0%Progress 61.4%
Ordinary income1,669¥ millionYear on year +32.6%Progress 61.1%
Net income attributable to owners of the parent1,114¥ millionYear on year +37.8%Progress 62.6%
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¥52.83
Financial position at period-end
Total assets46,080¥ million
of which net assets 39,584 ¥ millionEquity ratio 85.9%vs. prior year-end +1.0pt
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+839
Investment-738
Financials-767
Net change-666
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¥9,835 million
Segment revenueWater Supply Equipment Business ¥8,509 million (YoY +2.7%), Housing and Building Equipment Business ¥5,969 million (YoY -2.6%), Product Sales Business ¥1,237 million (YoY +1.4%)
Segment profitWater Supply Equipment Business ¥2,772 million (YoY +10.2%), Housing and Building Equipment Business ¥992 million (YoY -1.7%), Product Sales Business ¥160 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥32,000 million (YoY 0.0%)
Operating profit¥2,580 million (YoY +4.6%)
Ordinary income¥2,730 million (YoY +5.1%)
Net income¥1,780 million (YoY +5.9%)
Annual Dividend Forecast¥40 → ¥42（+5.0%）
Factors Behind Changes in Business Performance
販売価格改定効果により給水装置事業の売上高・セグメント利益が増加した。住宅・建築設備事業は新設住宅着工戸数の低調により減収減益となり、商品販売事業は樹脂商品の販売増により増収となった。
Disclosure regarding the going concern assumption
No applicable matters.
Change in accounting policy
基準改正に伴う変更 Yes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 events2024年11月11日開催の取締役会で、資本効率の向上および株主還元の拡充を目的とする自己株式取得を決議。取得株式数は上限300,000株、取得価額総額は上限387,900,000円、取得期間は2024年11月12日。
Breakdown of extraordinary income (loss)Extraordinary income No recognition / Extraordinary loss Item Name Loss on Disposal of Fixed Assets / Amount ¥0 million
Depreciation and amortization¥329 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End21,500,000
Treasury Shares at Period-End487,245
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2024年4月1日〜2024年9月30日 |
| Net Sales | ¥15,716 million (YoY +0.5%) |
| Operating profit | ¥1,583 million (YoY +33.0%) |
| Ordinary income | ¥1,669 million (YoY +32.6%) |
| Profit attributable to owners of the parent | ¥1,114 million (YoY +37.8%) |
| Net income per share | ¥52.83 |
| Equity ratio | End of the current fiscal period 85.9 / End of previous period 84.9 |
| Total assets | ¥46,080 million |
| Net assets | ¥39,584 million |
| Cash flows from operating activities | ¥839 million |
| Cash flows from investing activities | ¥-738 million |
| Cash flows from financing activities | ¥-767 million |
| Cash and cash equivalents at end of period | ¥9,835 million |
| Full-year earnings forecast | Net Sales ¥32,000 million (YoY 0.0%) / Operating profit ¥2,580 million (YoY +4.6%) / Ordinary income ¥2,730 million (YoY +5.1%) / Net income ¥1,780 million (YoY +5.9%) |
| Annual Dividend Forecast | ¥40 → ¥42（+5.0%） |
| Segment revenue | Water Supply Equipment Business ¥8,509 million (YoY +2.7%), Housing and Building Equipment Business ¥5,969 million (YoY -2.6%), Product Sales Business ¥1,237 million (YoY +1.4%) |
| Segment profit | Water Supply Equipment Business ¥2,772 million (YoY +10.2%), Housing and Building Equipment Business ¥992 million (YoY -1.7%), Product Sales Business ¥160 million |
| Depreciation and amortization | ¥329 million |
| Breakdown of extraordinary income (loss) | Extraordinary income No recognition / Extraordinary loss Item Name Loss on Disposal of Fixed Assets / Amount ¥0 million |
| Disclosure regarding the going concern assumption | No applicable matters. |
| Change in accounting policy | Changes due to revisions to standards Yes / 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 | 2024年11月11日開催の取締役会で、資本効率の向上および株主還元の拡充を目的とする自己株式取得を決議。取得株式数は上限300,000株、取得価額総額は上限387,900,000円、取得期間は2024年11月12日。 |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 21,500,000 |
| Treasury Shares at Period-End | 487,245 |
| Factors Behind Changes in Business Performance | 販売価格改定効果により給水装置事業の売上高・セグメント利益が増加した。住宅・建築設備事業は新設住宅着工戸数の低調により減収減益となり、商品販売事業は樹脂商品の販売増により増収となった。 |
Items this document does not state (7)
Operating MarginRevision to Earnings ForecastPayout 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.販売価格改定効果により給水装置事業が増収増益となり、銅価格やエネルギー費、輸送コストを販売価格に反映した。住宅・建築設備事業は新設住宅着工戸数の低調により減収減益となったが、商品販売事業は樹脂商品の販売増により増収となった。
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.