Worth reading
45Recurring
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
23
Year-on-year change in operating profit (%)Wording
Conditional
How definitive the wording is.Results for this period
Third quarter2024年4月1日〜2024年12月31日ConsolidatedJapanese GAAPNet Sales24,290¥ millionYear on year -0.3%Progress 75.9%
Operating profit2,448¥ millionYear on year +23.0%Progress 94.9%
Ordinary income2,563¥ millionYear on year +21.0%Progress 93.9%
Net income attributable to owners of the parent1,756¥ millionYear on year +26.9%Progress 98.7%
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 share83.56円
Financial position at period-end
Total assets46,288¥ million
of which net assets 39,393 ¥ millionEquity ratio 85.1%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 ¥13,075 million (YoY +1.5%), Housing and Building Equipment Business ¥9,333 million (YoY -1.2%), Product Sales Business ¥1,881 million (YoY -7.0%)
Segment profitWater Supply Equipment Business ¥4,191 million (YoY +7.6%), Housing and Building Equipment Business ¥1,609 million (YoY +5.4%), Product Sales Business ¥243 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
給水装置事業は販売価格改定効果により増収増益。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だが販売価格改定効果で増益。商品販売事業は鋳鉄商品の販売減少により減収。
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 events海外連結子会社である前澤給装（南昌）有限公司の全持分を2025年1月1日付で譲渡し、持分比率は100％から0％となった。譲渡価格はNot disclosedで、連結業績への影響は現在精査中。
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥1 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥0 million
Depreciation and amortization¥555 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-End762,385
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2024年4月1日〜2024年12月31日 |
| Net Sales | ¥24,290 million (YoY -0.3%) |
| Operating profit | ¥2,448 million (YoY +23.0%) |
| Ordinary income | ¥2,563 million (YoY +21.0%) |
| Profit attributable to owners of the parent | ¥1,756 million (YoY +26.9%) |
| Net income per share | 83.56円 |
| Equity ratio | End of the current fiscal period 85.1% / End of previous period 84.9% |
| Total assets | ¥46,288 million |
| Net assets | ¥39,393 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 ¥13,075 million (YoY +1.5%), Housing and Building Equipment Business ¥9,333 million (YoY -1.2%), Product Sales Business ¥1,881 million (YoY -7.0%) |
| Segment profit | Water Supply Equipment Business ¥4,191 million (YoY +7.6%), Housing and Building Equipment Business ¥1,609 million (YoY +5.4%), Product Sales Business ¥243 million |
| Depreciation and amortization | ¥555 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities ¥1 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥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 | 海外連結子会社である前澤給装（南昌）有限公司の全持分を2025年1月1日付で譲渡し、持分比率は100％から0％となった。譲渡価格はNot disclosedで、連結業績への影響は現在精査中。 |
| 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 | 762,385 |
| Factors Behind Changes in Business Performance | 給水装置事業は販売価格改定効果により増収増益。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だが販売価格改定効果で増益。商品販売事業は鋳鉄商品の販売減少により減収。 |
Items this document does not state (11)
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 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.販売価格の改定効果により、銅などの原材料費やエネルギー費、輸送コストの上昇を販売価格に反映し、収益を確保した。住宅・建築設備事業では新設住宅着工戸数の低調、商品販売事業では鋳鉄商品の販売減少が売上高の下押し要因となった。
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.