Results for this period
First quarter1 April 2026 to 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 as construction work and after-sales services for blast-furnace blowers for steel mills in the Growth Business Promotion business, as well as ship-block manufacturing work and construction work at overseas subsidiaries in the Related Services business, progressed favorably. Operating income increased due to higher revenue and improved profitability in the Growth Business Promotion and Related Services businesses.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | ¥91,712 million (YoY +13.0%) |
| Operating profit | ¥10,178 million (YoY +14.4%) |
| Ordinary income | ¥11,657 million (YoY +14.9%) |
| Profit attributable to owners of the parent | ¥8,160 million (YoY +13.1%) |
| Net income per share | ¥80.87 |
| Equity ratio | End of the current fiscal period 48.2% / End of previous period 46.3% |
| Total assets | ¥464,257 million |
| Net assets | ¥228,624 million |
| Cash flows from operating activities | ¥-1,375 million |
| Cash flows from investing activities | ¥-860 million |
| Cash flows from financing activities | ¥-16,788 million |
| Cash and cash equivalents at end of period | ¥35,706 million |
| Full-year earnings forecast | Net Sales ¥370,000 million (YoY +4.8%) / Operating profit ¥34,000 million (YoY -9.7%) / Ordinary income ¥39,000 million (YoY -13.1%) / Profit attributable to owners of the parent ¥31,000 million (YoY -19.4%) |
| Revision to Earnings Forecast | Net Sales ¥370,000 million → ¥370,000 million / Operating profit ¥32,000 million → ¥34,000 million（+6.3%） / Ordinary income ¥37,000 million → ¥39,000 million（+5.4%） / Profit attributable to owners of the parent ¥30,000 million → ¥31,000 million（+3.3%） |
| Annual Dividend Forecast | ¥57 → ¥60 |
| Payout ratio | 20% (target) |
| Shareholder Return Policy | Policy of maintaining a dividend payout ratio of 20% |
| Segment revenue | Growth Business Promotion ¥11,547 million (YoY +42.0%), Marine Propulsion Systems ¥40,571 million (YoY +6.7%), Logistics Systems ¥17,194 million (YoY +8.4%), Adjacent Services ¥22,363 million (YoY +17.0%) |
| Segment profit | Growth Business Promotion ¥2,052 million (YoY +102.7%), Marine Propulsion Systems ¥3,828 million (YoY -7.0%), Logistics Systems ¥3,051 million (YoY +3.8%), Adjacent Services ¥1,600 million (YoY +82.9%) |
| Orders received and order backlog | Orders received ¥105,029 million / Order backlog ¥475,611 million |
| Depreciation and amortization | ¥2,023 million |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on disposal of fixed assets ¥65 million / Extraordinary loss Losses on disposal of fixed assets ¥13 million |
| 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 | 0 additions and 0 exclusions (no company names) |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors and securities analysts) |
| Issued Shares at Period-End | 103,098,717 |
| Treasury Shares at Period-End | 2,195,722 |
| Factors Behind Changes in Business Performance | Revenue increased as construction work and after-sales services for blast-furnace blowers for steel mills in the Growth Business Promotion business, as well as ship-block manufacturing work and construction work at overseas subsidiaries in the Related Services business, progressed favorably. Operating income increased due to higher revenue and improved profitability in the Growth Business Promotion and Related Services businesses. |
Items this document does not state (2)
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.Performance in the first quarter progressed favorably as construction work was carried out steadily in each business segment. In addition, following a detailed review based on the fact that procurement and cost-increase risks associated with the situation in the Middle East remained within the assumed range, the profit forecast for the Logistics Systems segment was revised upward. The exchange-rate assumption underlying the earnings forecast was revised from ¥150 to ¥158 per US dollar.