Results for this period
First quarter1 January 2026–31 March 2026ConsolidatedJapanese GAAPThe 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 shaded area represents net assets as a proportion of total assets. It is calculated from the two amounts reported by the company.
Revenue from valves for LPG cylinders increased due to stronger demand for reinspection and price revisions. Revenue from valves for piping decreased because the recovery in demand for semiconductor manufacturing equipment was delayed. For high-pressure gas valves and other products, a recovery in demand from the semiconductor industry at ハマイコリア offset the completion of demand for fire-extinguishing equipment. Revenue from brass turnings increased due to higher selling prices. Despite the benefit of higher revenue, profit decreased as the cost ratio rose due to higher prices for various items, including raw materials.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–31 March 2026 |
| Net Sales | ¥3,619,855 thousand (YoY +6.2%) |
| Operating profit | ¥311,533 thousand (YoY -9.2%) |
| Ordinary income | ¥296,316 thousand |
| Profit attributable to owners of the parent | ¥198,337 thousand (YoY -2.3%) |
| Total assets | ¥21,532,638 thousand |
| Net assets | ¥17,385,575 thousand |
| Full-year earnings forecast | Net Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income Not disclosed / Remarks Unchanged from the consolidated earnings forecast announced on 13 February 2026 |
| Revision to Earnings Forecast | Net Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income Not disclosed |
| Segment revenue | Valve business ¥3,475,398 thousand (YoY +6.5%) / Real Estate Leasing Business ¥144,456 thousand |
| Segment profit | Valve business ¥222,992 thousand (YoY -12.5%) / Real Estate Leasing Business ¥88,541 thousand (YoY +0.4%) |
| Depreciation and amortization | ¥137,300 thousand |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥21 thousand |
| 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 |
| Factors Behind Changes in Business Performance | Revenue from valves for LPG cylinders increased due to stronger demand for reinspection and price revisions. Revenue from valves for piping decreased because the recovery in demand for semiconductor manufacturing equipment was delayed. For high-pressure gas valves and other products, a recovery in demand from the semiconductor industry at ハマイコリア offset the completion of demand for fire-extinguishing equipment. Revenue from brass turnings increased due to higher selling prices. Despite the benefit of higher revenue, profit decreased as the cost ratio rose due to higher prices for various items, including raw materials. |
Items this document does not state (18)
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.Revenue from valves for LPG cylinders increased due to stronger demand for reinspection and price revisions. Revenue from valves for piping decreased because the recovery in demand for semiconductor manufacturing equipment was delayed. For high-pressure gas valves and other products, the completion of demand for fire-extinguishing equipment was offset by a recovery in demand from the semiconductor industry at ハマイコリア. Revenue from brass turnings increased due to higher selling prices. On the earnings side, the increase in the cost ratio resulting from higher prices for various items, including raw materials, had a significant impact.