Worth reading
42Recurring
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
4047
Millions of yen (year-on-year increase in operating profit)Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPNet Sales43,585million yenYear on year +19.5%Progress 25.6%
Operating profit9,805million yenYear on year +70.3%Progress 33.8%
Ordinary income10,475million yenYear on year +77.2%Progress 34.9%
Net income attributable to owners of the parent7,345million yenYear on year +61.0%Progress 33.4%
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¥105.74
Financial position at period-end
Total assets269,909million yen
of which net assets 138,666 million yenEquity ratio 51.1%vs. prior year-end -0.2pt
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 revenueNew vessels 34,290 million yen (YoY +16.7%), Repair Vessels 5,207 million yen (YoY +26.4%), Steel Structures and Machinery 2,095 million yen (YoY +59.9%), Other 1,993 million yen (YoY +18.3%)
Segment profitNew vessels 9,778 million yen (YoY +71.8%), Repair Vessels 370 million yen (YoY -30.2%), Steel Structures and Machinery 248 million yen (YoY +222.5%), Other 292 million yen (YoY +36.3%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales170,000 million yen (YoY +6.9%)
Operating profit29,000 million yen (YoY +3.3%)
Ordinary income30,000 million yen (YoY +1.6%)
Net income22,000 million yen (YoY +1.9%)
Annual Dividend Forecast50 yen → 60 yen（+20.0%）
Factors Behind Changes in Business Performance
The effect of the weaker yen, the shift to a product mix centered on large bulk carriers, continued high operating rates, increased production through shorter docking periods and outfitting periods after launching, and cost-reduction initiatives such as a review of the supply chain.
Disclosure regarding the going concern assumption
No applicable matters.
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 0 companies (no company names provided) / Excluded 0 companies (no company names provided)
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)No applicable matters
Depreciation and amortization967 million yen
Orders received and order backlogOrders received Subject New vessels / Number of versions 6 vessels / Order backlog 477,663 million yen (YoY +13.7%), 10,302 million yen (YoY +43.9%), 8,156 million yen (YoY +27.2%), 1,623 million yen (YoY +3.2%)
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End69,475,551
Treasury Shares at Period-End10,307
| 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 | 43,585 million yen (YoY +19.5%) |
| Operating profit | 9,805 million yen (YoY +70.3%) |
| Ordinary income | 10,475 million yen (YoY +77.2%) |
| Profit attributable to owners of the parent | 7,345 million yen (YoY +61.0%) |
| Net income per share | ¥105.74 |
| Equity ratio | End of the current fiscal period 51.1% / End of previous period 51.3% |
| Total assets | 269,909 million yen |
| Net assets | 138,666 million yen |
| Full-year earnings forecast | Net Sales 170,000 million yen (YoY +6.9%) / Operating profit 29,000 million yen (YoY +3.3%) / Ordinary income 30,000 million yen (YoY +1.6%) / Net income 22,000 million yen (YoY +1.9%) |
| Annual Dividend Forecast | 50 yen → 60 yen（+20.0%） |
| Segment revenue | New vessels 34,290 million yen (YoY +16.7%), Repair Vessels 5,207 million yen (YoY +26.4%), Steel Structures and Machinery 2,095 million yen (YoY +59.9%), Other 1,993 million yen (YoY +18.3%) |
| Segment profit | New vessels 9,778 million yen (YoY +71.8%), Repair Vessels 370 million yen (YoY -30.2%), Steel Structures and Machinery 248 million yen (YoY +222.5%), Other 292 million yen (YoY +36.3%) |
| Orders received and order backlog | Orders received Subject New vessels / Number of versions 6 vessels / Order backlog 477,663 million yen (YoY +13.7%), 10,302 million yen (YoY +43.9%), 8,156 million yen (YoY +27.2%), 1,623 million yen (YoY +3.2%) |
| Depreciation and amortization | 967 million yen |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | No applicable matters |
| 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 0 companies (no company names provided) / Excluded 0 companies (no company names provided) |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 69,475,551 |
| Treasury Shares at Period-End | 10,307 |
| Factors Behind Changes in Business Performance | The effect of the weaker yen, the shift to a product mix centered on large bulk carriers, continued high operating rates, increased production through shorter docking periods and outfitting periods after launching, and cost-reduction initiatives such as a review of the supply chain. |
Items this document does not state (10)
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 salesMaterial 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 cited the effect of the weaker yen, the shift to a product mix centered on large bulk carriers, continued high operating rates, increased production through shorter docking periods and outfitting periods after launching, and cost-reduction initiatives such as a review of the supply chain.
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.