Results for this period
Interim period (second quarter)1 January 2026–30 June 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 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.
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.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Revenue increased due to the effects of price revisions, foreign exchange movements and expanding demand for semiconductor manufacturing equipment in the Valve Business, as well as rising copper prices in the Metal Solutions Business. Operating profit increased despite lower sales volumes in overseas markets, higher raw material and component costs, and M&A-related acquisition expenses in the Valve Business, owing to the securing of price spreads from higher copper prices in the Metal Solutions Business. Profit attributable to owners of the parent for the interim period increased due to the gain on the sale of property, plant and equipment from the sale of the former headquarters of a U.S. subsidiary.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–30 June 2026 |
| Net Sales | ¥98,232 million (YoY +13.7%) |
| Operating profit | ¥8,143 million (YoY +2.6%) |
| Ordinary income | ¥8,654 million (YoY +3.4%) |
| Profit attributable to owners of the parent | ¥6,549 million (YoY +9.7%) |
| Net income per share | ¥75.30 |
| Equity ratio | End of the current fiscal period 57.6 / End of previous period 64.1 |
| Total assets | ¥215,624 million |
| Net assets | ¥125,751 million |
| Cash flows from operating activities | ¥5,334 million |
| Cash flows from investing activities | ¥-14,718 million |
| Cash flows from financing activities | ¥13,250 million |
| Cash and cash equivalents at end of period | ¥32,369 million |
| Full-year earnings forecast | Net Sales ¥210,000 million (YoY +18.9%) / Operating profit ¥18,000 million (YoY +16.5%) / Ordinary income ¥18,400 million (YoY +14.5%) / Net income ¥13,400 million (YoY +16.9%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥210,000 million / Operating profit Not disclosed → ¥18,000 million / Ordinary income Not disclosed → ¥18,400 million / Net income Not disclosed → ¥13,400 million |
| Annual Dividend Forecast | ¥53 per share → ¥62 per share（+17.0%） |
| Segment revenue | Valve business ¥76,073 million (YoY +10.1%) / Metal Solutions Business ¥20,993 million (YoY +30.1%) / Other ¥1,165 million (YoY +1.6%) |
| Segment profit | Valve business ¥9,334 million (YoY -4.9%) / Metal Solutions Business ¥1,058 million (YoY +242.8%) / Other ¥3 million (YoY -64.2%) |
| Depreciation and amortization | ¥3,813 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of property, plant and equipment ¥1,271 million, Other ¥0 million / Extraordinary loss Loss on disposal and sale of property, plant and equipment ¥18 million, Other ¥0 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| 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 5 / Company name 株式会社ブイテックス and 4 other companies / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | At a meeting of the Board of Directors held on 7 August 2026, the Company resolved to refinance short-term borrowings for the purpose of funding the acquisition of shares in 株式会社ブイテックス and related expenses, and to borrow funds for capital investments and other purposes. The planned borrowing amount is ¥20,000 million, and the planned drawdown date is 28 August 2026. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors and analysts) |
| Issued Shares at Period-End | 87,565,611 Shares |
| Treasury Shares at Period-End | 558,226 Shares |
| Factors Behind Changes in Business Performance | Revenue increased due to the effects of price revisions, foreign exchange movements and expanding demand for semiconductor manufacturing equipment in the Valve Business, as well as rising copper prices in the Metal Solutions Business. Operating profit increased despite lower sales volumes in overseas markets, higher raw material and component costs, and M&A-related acquisition expenses in the Valve Business, owing to the securing of price spreads from higher copper prices in the Metal Solutions Business. Profit attributable to owners of the parent for the interim period increased due to the gain on the sale of property, plant and equipment from the sale of the former headquarters of a U.S. subsidiary. |
Items this document does not state (6)
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 increased due to the effects of price revisions, foreign exchange movements and expanding demand for semiconductor manufacturing equipment in the Valve Business, as well as rising copper prices in the Metal Solutions Business. Operating profit increased despite lower sales volumes in overseas markets, higher raw material and component costs, and M&A-related acquisition expenses in the Valve Business, owing to the securing of price spreads from higher copper prices in the Metal Solutions Business. Profit attributable to owners of the parent for the interim period increased due to the gain on the sale of property, plant and equipment recognized from the sale of the former headquarters of a U.S. subsidiary. For details of the reasons for revising the full-year earnings forecast and dividend forecast, the disclosure states that readers should refer to a separately published notice.