Worth reading
42Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
-30.9
% (operating profit, year on year)Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 February 2026–30 April 2026ConsolidatedJapanese GAAPNet Sales1,983¥ millionYear on year -1.3%Progress 22.5%
Operating profit38¥ millionYear on year -30.9%Progress 7.6%
Ordinary income46¥ millionYear on year -24.6%Progress 9.2%
Net income attributable to owners of the parent27¥ millionYear on year -40.5%
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¥5.20
Financial position at period-end
Total assets6,585¥ million
of which net assets 2,720 ¥ millionEquity ratio 35.7%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 revenueWater-Related Equipment Business ¥564,573 thousand (YoY +12.6%), Maintenance Business ¥503,307 thousand (YoY +3.4%), HOD (Water Delivery) Business ¥303,577 thousand (YoY +2.8%), FOOD Business ¥624,041 thousand (YoY -15.5%)
Segment profitWater-Related Equipment Business ¥296 thousand, Maintenance Business ¥70,975 thousand, HOD (Water Delivery) Business ¥1,840 thousand, FOOD Business ¥-32,816 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥8,800 million (YoY +7.5%)
Operating profit¥500 million (YoY +140.7%)
Ordinary income¥500 million (YoY +131.1%)
Profit attributable to owners of parent¥300 million (YoY +181.2%)
Annual Dividend Forecast¥40 → ¥40（0.0%）
Factors Behind Changes in Business Performance
In the FOOD business, temporary revenue and profit from exports of equipment and machinery, among other items, recorded in the same quarter of the previous fiscal year reversed. In the Maintenance business, profit declined due to investment in human capital aimed at improving service quality.
Disclosure regarding the going concern assumption
Not applicable.
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 1 / Company name 香港銀座仁志川有限公司 / Excluded Number of companies 0 / Company name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥0 thousand
Depreciation and amortization¥45,553 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End5,500,000
Treasury Shares at Period-End279,913
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 February 2026–30 April 2026 |
| Net Sales | ¥1,983 million (YoY -1.3%) |
| Operating profit | ¥38 million (YoY -30.9%) |
| Ordinary income | ¥46 million (YoY -24.6%) |
| Profit attributable to owners of the parent | ¥27 million (YoY -40.5%) |
| Net income per share | ¥5.20 |
| Equity ratio | End of the current fiscal period 35.7% / End of previous period 38.4% |
| Total assets | ¥6,585 million |
| Net assets | ¥2,720 million |
| Full-year earnings forecast | Net Sales ¥8,800 million (YoY +7.5%) / Operating profit ¥500 million (YoY +140.7%) / Ordinary income ¥500 million (YoY +131.1%) / Profit attributable to owners of parent ¥300 million (YoY +181.2%) |
| Annual Dividend Forecast | ¥40 → ¥40（0.0%） |
| Segment revenue | Water-Related Equipment Business ¥564,573 thousand (YoY +12.6%), Maintenance Business ¥503,307 thousand (YoY +3.4%), HOD (Water Delivery) Business ¥303,577 thousand (YoY +2.8%), FOOD Business ¥624,041 thousand (YoY -15.5%) |
| Segment profit | Water-Related Equipment Business ¥296 thousand, Maintenance Business ¥70,975 thousand, HOD (Water Delivery) Business ¥1,840 thousand, FOOD Business ¥-32,816 thousand |
| Depreciation and amortization | ¥45,553 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥0 thousand |
| 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 1 / Company name 香港銀座仁志川有限公司 / Excluded Number of companies 0 / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 5,500,000 |
| Treasury Shares at Period-End | 279,913 |
| Factors Behind Changes in Business Performance | In the FOOD business, temporary revenue and profit from exports of equipment and machinery, among other items, recorded in the same quarter of the previous fiscal year reversed. In the Maintenance business, profit declined due to investment in human capital aimed at improving service quality. |
Items this document does not state (12)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossMaterial subsequent events
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 explained that the performance was affected by the reversal of temporary revenue and profit factors recorded in the FOOD business in the previous fiscal year. It also said that investment in human capital to improve service quality weighed on profit in the Maintenance business.
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.