Worth reading
50Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
21.5
% (year-on-year change in operating profit)Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPNet Sales13,074¥ millionYear on year +5.2%Progress 23.3%
Operating profit1,123¥ millionYear on year +21.5%Progress 29.6%
Ordinary income1,285¥ millionYear on year +29.2%Progress 33.8%
Net income attributable to owners of the parent848¥ millionYear on year +16.5%Progress 47.1%
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 share¥29.45
Financial position at period-end
Total assets73,254¥ million
of which net assets 44,105 ¥ millionEquity ratio 43.6%vs. prior year-end -2.7pt
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 revenue
Small-engine valves10,744,78178.8%+6.1%
Marine Components1,211,4228.9%+2.3%
Gears277,6242.0%-35.1%
Other1,394,09610.2%+35.9%
Segment profit
Small-engine valves1,168,081+15.2%
Marine Components47,690
Gears-52,175
Other-39,168
Regional salesJapan Current fiscal year ¥5,214,656 thousand / Prior-year period ¥5,132,938 thousand / Asia Current fiscal year ¥4,389,965 thousand / Prior-year period ¥3,907,514 thousand / North America Current fiscal year ¥2,581,196 thousand / Prior-year period ¥2,565,693 thousand / Europe Current fiscal year ¥888,808 thousand / Prior-year period ¥821,869 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥56,000 million (YoY +8.4%)
Operating profit¥3,800 million (YoY -5.0%)
Ordinary income¥3,800 million (YoY -14.1%)
Net income¥1,800 million (YoY -19.2%)
Revision to Earnings ForecastNet Sales Not disclosed → 2Q cumulative 28,600 / Full year 56,000 / Operating profit Not disclosed → 2Q cumulative 2,100 / Full year 3,800 / Ordinary income Not disclosed → 2Q cumulative 1,900 / Full year 3,800 / Net income Not disclosed → 2Q cumulative 1,050 / Full year 1,800
Annual Dividend Forecast¥20 → ¥20（0.0%）
Factors Behind Changes in Business Performance
Despite lower sales and other factors at the Chinese operations of the small engine valve business, sales and profit increased due to higher sales of high-value-added products, mainly hollow engine valves, recovery of the production structure in the marine parts business, higher sales and improved production efficiency at the North American operations, and increased orders at the Japanese operations, among other factors.
Disclosure regarding the going concern assumption
No applicable matters. Stated as “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 3 / Company name 新和精密株式会社, 日照柳成新和汽車部件有限公司, STP株式会社 / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsThe company resolved to dispose of 25,633 treasury shares as restricted stock compensation, with 4 August 2026 set as the payment date. The total disposal price is ¥12,380,739.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥170 thousand, Gain on sale of investment securities ¥45,585 thousand, Gain on step acquisition ¥287,806 thousand, Total extraordinary income ¥333,562 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥4,097 thousand, Total extraordinary loss ¥4,097 thousand
Depreciation and amortization¥974,717 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End28,978,860
Treasury Shares at Period-End173,553
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | ¥13,074 million (YoY +5.2%) |
| Operating profit | ¥1,123 million (YoY +21.5%) |
| Ordinary income | ¥1,285 million (YoY +29.2%) |
| Profit attributable to owners of the parent | ¥848 million (YoY +16.5%) |
| Net income per share | ¥29.45 |
| Equity ratio | End of the current fiscal period 43.6 / End of previous period 46.3 |
| Total assets | ¥73,254 million |
| Net assets | ¥44,105 million |
| Full-year earnings forecast | Net Sales ¥56,000 million (YoY +8.4%) / Operating profit ¥3,800 million (YoY -5.0%) / Ordinary income ¥3,800 million (YoY -14.1%) / Net income ¥1,800 million (YoY -19.2%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → 2Q cumulative 28,600 / Full year 56,000 / Operating profit Not disclosed → 2Q cumulative 2,100 / Full year 3,800 / Ordinary income Not disclosed → 2Q cumulative 1,900 / Full year 3,800 / Net income Not disclosed → 2Q cumulative 1,050 / Full year 1,800 |
| Annual Dividend Forecast | ¥20 → ¥20（0.0%） |
| Segment revenue | Small-engine valves ¥10,744,781 thousand (YoY +6.1%) / Marine Components ¥1,211,422 thousand (YoY +2.3%) / Gears ¥277,624 thousand (YoY -35.1%) / Other ¥1,394,096 thousand (YoY +35.9%) |
| Segment profit | Small-engine valves ¥1,168,081 thousand (YoY +15.2%) / Marine Components ¥47,690 thousand / Gears ¥-52,175 thousand / Other ¥-39,168 thousand |
| Regional sales | Japan Current fiscal year ¥5,214,656 thousand / Prior-year period ¥5,132,938 thousand / Asia Current fiscal year ¥4,389,965 thousand / Prior-year period ¥3,907,514 thousand / North America Current fiscal year ¥2,581,196 thousand / Prior-year period ¥2,565,693 thousand / Europe Current fiscal year ¥888,808 thousand / Prior-year period ¥821,869 thousand |
| Depreciation and amortization | ¥974,717 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥170 thousand, Gain on sale of investment securities ¥45,585 thousand, Gain on step acquisition ¥287,806 thousand, Total extraordinary income ¥333,562 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥4,097 thousand, Total extraordinary loss ¥4,097 thousand |
| Disclosure regarding the going concern assumption | No applicable matters. Stated as “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 3 / Company name 新和精密株式会社, 日照柳成新和汽車部件有限公司, STP株式会社 / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | The company resolved to dispose of 25,633 treasury shares as restricted stock compensation, with 4 August 2026 set as the payment date. The total disposal price is ¥12,380,739. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 28,978,860 |
| Treasury Shares at Period-End | 173,553 |
| Factors Behind Changes in Business Performance | Despite lower sales and other factors at the Chinese operations of the small engine valve business, sales and profit increased due to higher sales of high-value-added products, mainly hollow engine valves, recovery of the production structure in the marine parts business, higher sales and improved production efficiency at the North American operations, and increased orders at the Japanese operations, among other factors. |
Items this document does not state (9)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyOrders 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.The company stated that it revised its full-year forecast “based on recent business trends and other factors.” It cited increased sales of high-value-added products and the recovery of the production structure in the marine parts business as factors behind the increase in first-quarter sales. Factors behind the increase in profit included higher sales and improved production efficiency at its North American operations, as well as increased orders at its Japanese operations.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.