Results for this period
Third quarter1 January 2026 to 30 September 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.
In the Thermal segment, order intake and revenue for heating plates and sensors increased substantially against a backdrop of strong demand in the semiconductor market. There was also a lull between major projects in the SSP segment, a reversal of one-time demand in the Fire Pump segment in the same period of the previous year, a reduction in the scale of operations ahead of the end of contract manufacturing of artificial kidney dialysis machines in the Medical segment, and shipment delays in the PWBA segment. Net income declined due to the reversal of the gain on liquidation of an affiliate and extraordinary losses.
There are no applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026 to 30 September 2026 |
| Net Sales | ¥9,943 million (YoY +6.9%) |
| Operating profit | ¥1,094 million (YoY +15.8%) |
| Ordinary income | ¥1,168 million (YoY +23.7%) |
| Profit attributable to owners of the parent | ¥687 million (YoY -32.2%) |
| Net income per share | ¥122.61 |
| Equity ratio | End of the current fiscal period 78 / End of previous period 76 |
| Total assets | ¥19,584 million |
| Net assets | ¥15,280 million |
| Full-year earnings forecast | Net Sales ¥12,600 million (YoY -2.4%) / Operating profit ¥1,030 million (YoY -2.5%) / Ordinary income ¥1,100 million (YoY -3.9%) / Net income ¥880 million (YoY -29.4%) |
| Revision to Earnings Forecast | No revision |
| Annual Dividend Forecast | 76 Yen → 78 Yen |
| Segment revenue | SSP segment ¥3,614 million (YoY +4.1%), Thermal segment ¥2,622 million (YoY +69.8%), Medical segment ¥608 million (YoY -40.4%), PWBA segment ¥702 million (YoY -5.5%), Fire-Pump Division ¥2,395 million (YoY -5.1%) |
| Segment profit | SSP segment ¥800,343 thousand, Thermal segment ¥555,075 thousand, Medical segment ¥26,496 thousand, PWBA segment ¥84,174 thousand, Fire-Pump Division ¥138,329 thousand |
| Orders received and order backlog | Orders received ¥10,683 million / Order backlog Not disclosed |
| Depreciation and amortization | ¥233,674 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities ¥5,235 thousand / Extraordinary loss Valuation loss on investment securities ¥88,403 thousand, Expense for provision for losses related to product modifications ¥76,346 thousand, Other ¥1,903 thousand |
| Disclosure regarding the going concern assumption | There are 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 0 / Excluded 0 / Company name No applicable matters |
| Material subsequent events | The impact on consolidated results for the fiscal year ending December 2026 is a concern following the cancellation of the type approval for container valves used in gas fire-extinguishing systems and the recall and replacement of release devices announced on 23 October 2026. The impact is currently under review. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 5,893,000 Shares |
| Treasury Shares at Period-End | 285,638 Shares |
| Factors Behind Changes in Business Performance | In the Thermal segment, order intake and revenue for heating plates and sensors increased substantially against a backdrop of strong demand in the semiconductor market. There was also a lull between major projects in the SSP segment, a reversal of one-time demand in the Fire Pump segment in the same period of the previous year, a reduction in the scale of operations ahead of the end of contract manufacturing of artificial kidney dialysis machines in the Medical segment, and shipment delays in the PWBA segment. Net income declined due to the reversal of the gain on liquidation of an affiliate and extraordinary losses. |
Items this document does not state (9)
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.In the Thermal segment, order intake and revenue for heating plates and sensors used in semiconductor manufacturing equipment increased substantially, driven by strong demand in the semiconductor market. The increase in operating income was attributable to higher gross profit resulting from increased revenue. Net income declined, however, due to the reversal of the gain on liquidation of an affiliate recorded in the same period of the previous year, as well as extraordinary losses including impairment losses on investment securities and provisions for losses related to product modifications.