Worth reading
43Recurring
Scored from 4 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
7.7
% (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)2023年1月1日〜2023年6月30日ConsolidatedJapanese GAAPNet Sales5,430,860¥ thousandYear on year +0.7%
Operating profit513,977¥ thousandYear on year +7.7%
Ordinary income595,860¥ thousandYear on year +2.4%
Net income attributable to owners of the parent511,993¥ thousandYear on year +13.4%
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.
Net income per share21円11銭
Financial position at period-end
Total assets20,502,168¥ thousand
of which net assets 15,058,590 ¥ thousandEquity ratio 73.4%vs. prior year-end +1.2pt
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 revenueValve business ¥5,141,672 thousand (YoY +0.8%), Real Estate Leasing ¥289,188 thousand
Segment profitValve business ¥327,476 thousand (YoY +12.4%), Real Estate Leasing ¥186,501 thousand (YoY +0.4%)
Factors Behind Changes in Business Performance
ＬＰＧ容器用バルブは自動車バルブ・バルク向け需要の増加と製品価格改定の浸透、配管用バルブは半導体製造装置設備向け需要の堅調さと製品価格改定の浸透により増収。高圧ガスバルブ・ガス関連設備機器は半導体関連業種向け需要の低迷、黄銅削り粉は取扱量の減少により減収。営業利益は効率的な生産活動、原価低減活動、製品販売価格の改定により増益。
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
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on Sale of Fixed Assets ¥578 thousand, Gain on Sale of Investment Securities ¥221,872 thousand / Extraordinary loss Retirement benefit expenses ¥95,845 thousand
Depreciation and amortization¥12,537 thousand
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2023年1月1日〜2023年6月30日 |
| Net Sales | ¥5,430,860 thousand (YoY +0.7%) |
| Operating profit | ¥513,977 thousand (YoY +7.7%) |
| Ordinary income | ¥595,860 thousand (YoY +2.4%) |
| Profit attributable to owners of the parent | ¥511,993 thousand (YoY +13.4%) |
| Net income per share | 21円11銭 |
| Equity ratio | End of the current fiscal period 73.4 / End of previous period 72.2 |
| Total assets | ¥20,502,168 thousand |
| Net assets | ¥15,058,590 thousand |
| Segment revenue | Valve business ¥5,141,672 thousand (YoY +0.8%), Real Estate Leasing ¥289,188 thousand |
| Segment profit | Valve business ¥327,476 thousand (YoY +12.4%), Real Estate Leasing ¥186,501 thousand (YoY +0.4%) |
| Depreciation and amortization | ¥12,537 thousand |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on Sale of Fixed Assets ¥578 thousand, Gain on Sale of Investment Securities ¥221,872 thousand / Extraordinary loss Retirement benefit expenses ¥95,845 thousand |
| 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 |
| Factors Behind Changes in Business Performance | ＬＰＧ容器用バルブは自動車バルブ・バルク向け需要の増加と製品価格改定の浸透、配管用バルブは半導体製造装置設備向け需要の堅調さと製品価格改定の浸透により増収。高圧ガスバルブ・ガス関連設備機器は半導体関連業種向け需要の低迷、黄銅削り粉は取扱量の減少により減収。営業利益は効率的な生産活動、原価低減活動、製品販売価格の改定により増益。 |
Items this document does not state (18)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodFull-year earnings forecastRevision to Earnings ForecastAnnual Dividend ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogChanges in the scope of consolidationMaterial subsequent eventsAvailability of Supplementary Financial Results MaterialsAvailability of Financial Results BriefingIssued Shares at Period-EndTreasury Shares at Period-End
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.自動車バルブ・バルク向けバルブや半導体製造装置設備向けの需要増、製品価格改定の浸透、効率的な生産活動、原価低減活動が増益要因となりました。一方、高圧ガスバルブ・ガス関連設備機器は半導体関連業種向け需要の低迷、黄銅削り粉は取扱量の減少により減収となりました。
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.