Results for this period
Interim period (second quarter)1 February 2026 to 31 July 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 ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
The main factors were the reversal of the temporary revenue and profit contribution from exports of equipment and machinery recorded in the previous fiscal year, the fixed-cost burden, depreciation and higher personnel expenses associated with the start-up of the new plant, and the decline in flow-based revenue and burden of upfront costs during the transition to a restructured sales organization in the HOD business.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 February 2026 to 31 July 2026 |
| Net Sales | ¥4,085 million (YoY -2.0%) |
| Operating profit | ¥123 million (YoY -27.0%) |
| Ordinary income | ¥128 million (YoY -29.1%) |
| Profit attributable to owners of the parent | ¥56 million (YoY -54.4%) |
| Net income per share | ¥10.77 |
| Equity ratio | End of the current fiscal period 35.2 / End of previous period 38.4 |
| Total assets | ¥6,767 million |
| Net assets | ¥2,735 million |
| Cash flows from operating activities | ¥16,116 thousand |
| Cash flows from investing activities | ¥-119,718 thousand |
| Cash flows from financing activities | ¥146,127 thousand |
| Cash and cash equivalents at end of period | ¥596,014 thousand |
| 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 the parent ¥300 million (YoY +181.2%) |
| Annual Dividend Forecast | ¥40 → ¥40（0.0%） |
| Segment revenue | Water-Related Equipment Business ¥1,160,738 thousand (YoY +1.1%), Maintenance Business ¥1,039,516 thousand (YoY +1.3%), HOD (Water Delivery) Business ¥673,650 thousand (YoY -5.7%), FOOD Business ¥1,211,623 thousand (YoY -5.4%) |
| Segment profit | Water-Related Equipment Business ¥33,593 thousand, Maintenance Business ¥167,270 thousand (YoY -15.4%), HOD (Water Delivery) Business ¥20,067 thousand (YoY -51.9%), FOOD Business ¥-94,794 thousand |
| Depreciation and amortization | ¥96,999 thousand |
| Impairment loss | ¥21,228 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income None during the interim period / Extraordinary loss Impairment Losses ¥21,228 thousand, Loss on Disposal of Fixed Assets ¥2 thousand, Impairment loss on investment securities ¥2,174 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 |
| 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 | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Institutional investors and analysts |
| Issued Shares at Period-End | 5,500,000 |
| Treasury Shares at Period-End | 274,677 |
| Factors Behind Changes in Business Performance | The main factors were the reversal of the temporary revenue and profit contribution from exports of equipment and machinery recorded in the previous fiscal year, the fixed-cost burden, depreciation and higher personnel expenses associated with the start-up of the new plant, and the decline in flow-based revenue and burden of upfront costs during the transition to a restructured sales organization in the HOD business. |
Items this document does not state (7)
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.Results were affected by the reversal of the temporary revenue and profit contribution from exports of equipment and machinery recorded in the previous fiscal year, the fixed-cost burden, including depreciation, associated with the start-up of the new plant, and higher personnel expenses. In the HOD business, flow-based revenue from equipment sales and other sources declined during the transition to a restructured sales organization, while upfront costs for strengthening the workforce and other initiatives also put pressure on profit.