Worth reading
52Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
19.7
Year-on-year change in revenue (%)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationSecond quarter of the fiscal year ending March 202710 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales6,462 Millions of yen+19.7%
Operating profit2,532 Millions of yen+27.4%
Ordinary income2,446 Millions of yen
Net income1,422 Millions of yen+18.2%
Operating profit margin39.2 %
Full-year earnings forecast
Net Sales
13,494 Millions of yen
Operating profit
5,489 Millions of yen
Ordinary income
5,268 Millions of yen
Net income for the current fiscal year
3,340 Millions of yen
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales47.9%
Operating profit46.1%
Ordinary income46.4%
Net income for the current fiscal year42.6%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Net sales and profit are generally progressing in line with the first-half forecasts.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net Sales
Water treatment51 Millions of yen
Incineration treatment-28 Millions of yen
Final disposal967 Millions of yen
Waste Disposal4 Millions of yen
Collection and transportation80 Millions of yen
Brokerage and management15 Millions of yen
Other-4 Millions of yen
Adjustments-21 Millions of yen
Operating profit
Water treatment-30 Millions of yen
Incineration treatment34 Millions of yen
Final disposal578 Millions of yen
Waste Disposal-27 Millions of yen
Collection and transportation71 Millions of yen
Brokerage and management-1 Millions of yen
Other-15 Millions of yen
Adjustments-64 Millions of yen
New initiatives
- A business partnership agreement in the waste management sector among 3 companies: ミダックHD, テラレムグループ and 富山環境整備
- Partial commencement of operations at Miyakoda Techno Plant
- Advancement of development of a new waste treatment facility in the Kanto area
- Promotion of support-oriented M&A
- Development of CCS and CCU Technologies for Incineration-Derived CO2
Key KPIsA metric the company considers important as a management benchmark.
Number of employees
455 people
Waste Disposal Revenue Mix
85 %
Collection and Transportation Revenue Mix
13 %
Brokerage and Management Revenue Mix
2 %
Operating profit margin
39.2 %
Year on year against the same period last year+2.4 percentage points year on year
Segment results
Waste-disposal business
Net Sales
Second quarter of the fiscal year ending March 20264,690 Millions of yen
2Q of the fiscal year ending March 20275,684 Millions of yen
Segment profit
Second quarter of the fiscal year ending March 20262,369 Millions of yen
2Q of the fiscal year ending March 20272,924 Millions of yen
Waste collection and transportation
Net Sales
Second quarter of the fiscal year ending March 2026783 Millions of yen
2Q of the fiscal year ending March 2027864 Millions of yen
Segment profit
Second quarter of the fiscal year ending March 2026197 Millions of yen
2Q of the fiscal year ending March 2027269 Millions of yen
Intermediation and management services
Net Sales
Second quarter of the fiscal year ending March 202689 Millions of yen
2Q of the fiscal year ending March 2027105 Millions of yen
Segment profit
Second quarter of the fiscal year ending March 202653 Millions of yen
2Q of the fiscal year ending March 202751 Millions of yen
Medium-term management plan targets
First Medium-Term Management Plan
Period CoveredFiscal years ending March 2023 to March 2027
Organic Revenue Target for the Fiscal Year Ending March 2027¥100 100 million
10-Year Vision
Target fiscal yearFiscal year ending March 2032
Net Sales¥400 100 million
Ordinary income¥120 100 million
Financial targets
ROE
Actual results for the fiscal year ending March 202617.3 %
Market Size / Share
Estimated Market Size for Waste Treatment and Recycling Services
¥48,900 100 million
Kanto Region's Share of Industrial Waste Generation
26 %
Years of Remaining Capacity at Final Disposal Sites Nationwide
20.3 Year
Years of Remaining Capacity at Final Disposal Sites in the Greater Tokyo Area
10.4 Year
Number of employees
455 people
Record dateEnd of September 2026
Capital expenditures
Fiscal year ended March 202610,582 Millions of yen
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending March 2027 |
| Net Sales | 6,462 Millions of yen (YoY +19.7%) |
| Operating profit | 2,532 Millions of yen (YoY +27.4%) |
| Ordinary income | 2,446 Millions of yen |
| Net income | 1,422 Millions of yen (YoY +18.2%) |
| Operating profit margin | 39.2 % |
| Full-year earnings forecast | Net Sales 13,494 Millions of yen / Operating profit 5,489 Millions of yen / Ordinary income 5,268 Millions of yen / Net income for the current fiscal year 3,340 Millions of yen |
| Progress against full-year forecast | Net Sales 47.9% / Operating profit 46.1% / Ordinary income 46.4% / Net income for the current fiscal year 42.6% |
| Self-assessment against the plan | Net sales and profit are generally progressing in line with the first-half forecasts. |
| Segment results | Waste-disposal business Net Sales Second quarter of the fiscal year ending March 2026 4,690 Millions of yen / 2Q of the fiscal year ending March 2027 5,684 Millions of yen / Segment profit Second quarter of the fiscal year ending March 2026 2,369 Millions of yen / 2Q of the fiscal year ending March 2027 2,924 Millions of yen / Waste collection and transportation Net Sales Second quarter of the fiscal year ending March 2026 783 Millions of yen / 2Q of the fiscal year ending March 2027 864 Millions of yen / Segment profit Second quarter of the fiscal year ending March 2026 197 Millions of yen / 2Q of the fiscal year ending March 2027 269 Millions of yen / Intermediation and management services Net Sales Second quarter of the fiscal year ending March 2026 89 Millions of yen / 2Q of the fiscal year ending March 2027 105 Millions of yen / Segment profit Second quarter of the fiscal year ending March 2026 53 Millions of yen / 2Q of the fiscal year ending March 2027 51 Millions of yen |
| Breakdown of Factors Affecting the Change | Net Sales Water treatment 51 Millions of yen / Incineration treatment -28 Millions of yen / Final disposal 967 Millions of yen / Waste Disposal 4 Millions of yen / Collection and transportation 80 Millions of yen / Brokerage and management 15 Millions of yen / Other -4 Millions of yen / Adjustments -21 Millions of yen / Operating profit Water treatment -30 Millions of yen / Incineration treatment 34 Millions of yen / Final disposal 578 Millions of yen / Waste Disposal -27 Millions of yen / Collection and transportation 71 Millions of yen / Brokerage and management -1 Millions of yen / Other -15 Millions of yen / Adjustments -64 Millions of yen |
| Key KPIs | Number of employees 455 people / Waste Disposal Revenue Mix 85 % / Collection and Transportation Revenue Mix 13 % / Brokerage and Management Revenue Mix 2 % / Operating profit margin 39.2 % |
| Number of employees | 455 people |
| Medium-term management plan targets | First Medium-Term Management Plan Period Covered Fiscal years ending March 2023 to March 2027 / Organic Revenue Target for the Fiscal Year Ending March 2027 ¥100 100 million / 10-Year Vision Target fiscal year Fiscal year ending March 2032 / Net Sales ¥400 100 million / Ordinary income ¥120 100 million |
| Financial targets | ROE Actual results for the fiscal year ending March 2026 17.3 % / Target Not disclosed |
| Capital expenditures | 10,582 Millions of yen |
| Market Size / Share | Estimated Market Size for Waste Treatment and Recycling Services ¥48,900 100 million / Kanto Region's Share of Industrial Waste Generation 26 % / Years of Remaining Capacity at Final Disposal Sites Nationwide 20.3 Year / Years of Remaining Capacity at Final Disposal Sites in the Greater Tokyo Area 10.4 Year |
| New initiatives | A business partnership agreement in the waste management sector among 3 companies: ミダックHD, テラレムグループ and 富山環境整備, Partial commencement of operations at Miyakoda Techno Plant, Advancement of development of a new waste treatment facility in the Kanto area, Promotion of support-oriented M&A, Development of CCS and CCU Technologies for Incineration-Derived CO2 |
Items this document does not state (12)
Gross Profit MarginSelling, general and administrative expensesResults for the three months of the current quarterUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAnnual DividendPayout ratioAcquisition of treasury sharesOrders received and order backlogKey points of the Q&A
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.Increased volumes delivered to final disposal sites, higher volumes of waste accepted, increased acceptance volumes centered on the Okuyama-no-Mori Clean Center, and an increase in spot contracts at Friend Sanitary contributed to performance. Final disposal made a significant contribution to operating profit, while spot contracts contributed to higher profit in collection and transportation.
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.