Worth reading
54Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
92.2
% (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Results for this period
Third quarter1 April 2025 to 31 December 2025ConsolidatedJapanese GAAPNet Sales32,994Millions of yenYear on year -5.2%Progress 71.0%
Operating profit2,307Millions of yenYear on year +92.2%Progress 88.7%
Ordinary income2,264Millions of yenYear on year +126.2%Progress 92.4%
Net income attributable to owners of the parent1,571Millions of yenYear on year +77.7%Progress 78.6%
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 share927.24円
Financial position at period-end
Total assets39,729Millions of yen
of which net assets 12,490 Millions of yenEquity ratio 31.4%vs. prior year-end +5.8pt
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 revenueShipbuilding business 32,660 Millions of yen (YoY -4.9%), Other 805 Millions of yen (YoY -2.9%)
Segment profitShipbuilding business 3,156 Millions of yen (YoY +58.7%), Other 41 Millions of yen (YoY +31.5%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales46,500 Millions of yen (YoY +4.1%)
Operating profit2,600 Millions of yen (YoY +83.7%)
Ordinary income2,450 Millions of yen (YoY +108.0%)
Net income2,000 Millions of yen (YoY +96.5%)
Revision to Earnings Forecast無（2025年10月10日公表値から変更なし）
Annual Dividend Forecast¥40 → ¥100（+150.0%）
Factors Behind Changes in Business Performance
売上対象船の船種・工事進捗度の違い、改造工事による修繕工事の減少で減収。前年同期の低採算船の売上割合が高かった反動、円安、生産性向上、諸経費削減で増益。
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 No / Excluded No / Company name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Government subsidies 26 Millions of yen / Extraordinary loss Loss on Disposal of Fixed Assets 7 Millions of yen, Loss on reduction of fixed assets 26 Millions of yen
Depreciation and amortization650 Millions of yen
Orders received and order backlogOrders received 75,653 Millions of yen / Order backlog 143,490 Millions of yen
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End2,253,000 Shares
Treasury Shares at Period-End558,212 Shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025 to 31 December 2025 |
| Net Sales | 32,994 Millions of yen (YoY -5.2%) |
| Operating profit | 2,307 Millions of yen (YoY +92.2%) |
| Ordinary income | 2,264 Millions of yen (YoY +126.2%) |
| Profit attributable to owners of the parent | 1,571 Millions of yen (YoY +77.7%) |
| Net income per share | 927.24円 |
| Equity ratio | End of the current fiscal period 31.4 / End of previous period 25.6 |
| Total assets | 39,729 Millions of yen |
| Net assets | 12,490 Millions of yen |
| Full-year earnings forecast | Net Sales 46,500 Millions of yen (YoY +4.1%) / Operating profit 2,600 Millions of yen (YoY +83.7%) / Ordinary income 2,450 Millions of yen (YoY +108.0%) / Net income 2,000 Millions of yen (YoY +96.5%) |
| Revision to Earnings Forecast | 無（2025年10月10日公表値から変更なし） |
| Annual Dividend Forecast | ¥40 → ¥100（+150.0%） |
| Segment revenue | Shipbuilding business 32,660 Millions of yen (YoY -4.9%), Other 805 Millions of yen (YoY -2.9%) |
| Segment profit | Shipbuilding business 3,156 Millions of yen (YoY +58.7%), Other 41 Millions of yen (YoY +31.5%) |
| Orders received and order backlog | Orders received 75,653 Millions of yen / Order backlog 143,490 Millions of yen |
| Depreciation and amortization | 650 Millions of yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Government subsidies 26 Millions of yen / Extraordinary loss Loss on Disposal of Fixed Assets 7 Millions of yen, Loss on reduction of fixed assets 26 Millions of yen |
| 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 No / Excluded No / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 2,253,000 Shares |
| Treasury Shares at Period-End | 558,212 Shares |
| Factors Behind Changes in Business Performance | 売上対象船の船種・工事進捗度の違い、改造工事による修繕工事の減少で減収。前年同期の低採算船の売上割合が高かった反動、円安、生産性向上、諸経費削減で増益。 |
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 periodPayout ratioShareholder Return PolicyRegional salesImpairment 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.売上高は、売上対象船の船種や工事進捗度の違い、改造工事により一般修繕工事ができず改修船の売上対象船が減少したことから減少した。利益は、前年同期に低採算船の売上割合が多かった反動に加え、円安傾向、生産性向上、諸経費削減により増加した。
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.