Worth reading
56In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)2025年4月1日〜2025年9月30日Non-consolidated (standalone)Japanese GAAPNet Sales15,739million yenProgress 49.2%
Operating profit1,402million yenProgress 51.9%
Ordinary income1,528million yenProgress 52.3%
Net income attributable to owners of the parent1,664million yenProgress 64.0%
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 share80.69円
Financial position at period-end
Total assets46,563million yen
of which net assets 40,135 million yenEquity ratio 86.2%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.
Cash inflows and outflows
Operating+1,021
Investment-134
Financials-1,273
Net change-386
Stacked from zero: upward is an increase in cash, downward a decrease (in million yen).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 period9,737 million yen
Segment revenueWater Supply Equipment Business 8,305 million yen (YoY -2.4%), Housing and Building Equipment Business 6,151 million yen (YoY +3.0%), Product Sales Business 1,282 million yen (YoY +3.7%)
Segment profitWater Supply Equipment Business 2,549 million yen (YoY -8.0%), Housing and Building Equipment Business 1,019 million yen (YoY +2.7%), Product Sales Business 167 million yen (YoY +4.3%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales32,000 million yen (YoY +1.1%)
Operating profit2,700 million yen (YoY -15.1%)
Ordinary income2,920 million yen (YoY -12.5%)
Net income2,600 million yen (YoY +28.5%)
Revision to Earnings ForecastNot disclosed → Net Sales 32,000 (YoY +1.1%) / Operating profit 2,700 (YoY -15.1%) / Ordinary income 2,920 (YoY -12.5%) / Net income 2,600 (YoY +28.5%)
Annual Dividend Forecast57 yen → 60 yen（+5.3%）
Factors Behind Changes in Business Performance
ＱＳＯインダストリアル株式会社の吸収合併に伴う非連結決算への移行。給水装置事業では新設住宅需要の伸び悩み、前澤給装（南昌）有限公司の主要生産品の国内販売終了、銅価格高止まりなどが減収・減益要因となった。住宅・建築設備事業では暖房部材販売と販売価格改定が増収・増益に寄与し、商品販売事業では鋳鉄商品の販売増加が寄与した。
Disclosure regarding the going concern assumption
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 0 / Excluded 1 / Company name ＱＳＯインダストリアル株式会社
Material subsequent eventsNo applicable matters.
Impairment loss4 million yen
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 36 million yen, Gain on sale of investment securities 153 million yen, Gain on elimination of shares held in a merged company 543 million yen / Extraordinary loss Impairment Losses 4 million yen, Loss on Disposal of Fixed Assets 26 million yen
Depreciation and amortization307 million yen
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End21,500,000 Shares
Treasury Shares at Period-End1,141,922 Shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 2025年4月1日〜2025年9月30日 |
| Net Sales | 15,739 million yen |
| Operating profit | 1,402 million yen |
| Ordinary income | 1,528 million yen |
| Profit attributable to owners of the parent | 1,664 million yen |
| Net income per share | 80.69円 |
| Equity ratio | End of the current fiscal period 86.2 / End of previous period 86.4 |
| Total assets | 46,563 million yen |
| Net assets | 40,135 million yen |
| Cash flows from operating activities | 1,021 million yen |
| Cash flows from investing activities | -134 million yen |
| Cash flows from financing activities | -1,273 million yen |
| Cash and cash equivalents at end of period | 9,737 million yen |
| Full-year earnings forecast | Net Sales 32,000 million yen (YoY +1.1%) / Operating profit 2,700 million yen (YoY -15.1%) / Ordinary income 2,920 million yen (YoY -12.5%) / Net income 2,600 million yen (YoY +28.5%) |
| Revision to Earnings Forecast | Not disclosed → Net Sales 32,000 (YoY +1.1%) / Operating profit 2,700 (YoY -15.1%) / Ordinary income 2,920 (YoY -12.5%) / Net income 2,600 (YoY +28.5%) |
| Annual Dividend Forecast | 57 yen → 60 yen（+5.3%） |
| Segment revenue | Water Supply Equipment Business 8,305 million yen (YoY -2.4%), Housing and Building Equipment Business 6,151 million yen (YoY +3.0%), Product Sales Business 1,282 million yen (YoY +3.7%) |
| Segment profit | Water Supply Equipment Business 2,549 million yen (YoY -8.0%), Housing and Building Equipment Business 1,019 million yen (YoY +2.7%), Product Sales Business 167 million yen (YoY +4.3%) |
| Depreciation and amortization | 307 million yen |
| Impairment loss | 4 million yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets 36 million yen, Gain on sale of investment securities 153 million yen, Gain on elimination of shares held in a merged company 543 million yen / Extraordinary loss Impairment Losses 4 million yen, Loss on Disposal of Fixed Assets 26 million yen |
| Disclosure regarding the going concern assumption | 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 0 / Excluded 1 / Company name ＱＳＯインダストリアル株式会社 |
| Material subsequent events | No applicable matters. |
| 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 Shares |
| Treasury Shares at Period-End | 1,141,922 Shares |
| Factors Behind Changes in Business Performance | ＱＳＯインダストリアル株式会社の吸収合併に伴う非連結決算への移行。給水装置事業では新設住宅需要の伸び悩み、前澤給装（南昌）有限公司の主要生産品の国内販売終了、銅価格高止まりなどが減収・減益要因となった。住宅・建築設備事業では暖房部材販売と販売価格改定が増収・増益に寄与し、商品販売事業では鋳鉄商品の販売増加が寄与した。 |
Items this document does not state (5)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlog
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.ＱＳＯインダストリアル株式会社を吸収合併したため、第1四半期会計期間から非連結決算へ移行しました。業績面では、販売価格への適切な反映や暖房部材販売が寄与した一方、新設住宅需要の低下、銅価格・エネルギー費・輸送コストの高止まりなどが影響しました。また、吸収合併に伴う抱合せ株式消滅差益などの特別利益が中間純利益を押し上げました。
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.