Worth reading
43Recurring
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
38.5
%Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales24,352¥ millionYear on year +12.5%Progress 52.9%
Operating profit1,927¥ millionYear on year +38.5%Progress 120.4%
Ordinary income1,969¥ millionYear on year +45.1%Progress 131.3%
Net income attributable to owners of the parent1,226¥ millionYear on year +13.2%
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¥723.85
Financial position at period-end
Total assets47,195¥ million
of which net assets 14,751 ¥ millionEquity ratio 31.3%vs. prior year-end +2.6pt
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 ¥24,119 million (YoY +12.5%), Other (Land-based and Services Businesses) ¥506 million (YoY -0.1%)
Segment profitShipbuilding Business ¥2,469 million (YoY +25.5%), Other (Land-based and Services Businesses) ¥36 million (YoY +25.0%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥46,000 million (YoY -2.2%)
Operating profit¥1,600 million (YoY -48.0%)
Ordinary income¥1,500 million (YoY -50.0%)
Profit attributable to owners of the parent¥1,000 million (YoY -56.5%)
Revision to Earnings ForecastNo change
Annual Dividend Forecast¥100.00 → ¥40.00
Factors Behind Changes in Business Performance
The yen was weaker than in the same period of the previous year, increasing sales and profit from foreign-currency-denominated construction projects, and the company worked to improve productivity and reduce overhead.
Disclosure regarding the going concern assumption
Not applicable
Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNo (0 additions, 0 exclusions)
Breakdown of extraordinary income (loss)Extraordinary income None / Extraordinary loss Loss on disposal of property, plant and equipment ¥11 million, Typhoon-related losses ¥38 million, Total extraordinary losses ¥50 million
Orders received and order backlogOrders received ¥6,951 million / Order backlog ¥117,177 million
Availability of Supplementary Financial Results MaterialsNone
Availability of Financial Results BriefingNone
Issued Shares at Period-End2,253,000 shares
Treasury Shares at Period-End558,272 treasury shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥24,352 million (YoY +12.5%) |
| Operating profit | ¥1,927 million (YoY +38.5%) |
| Ordinary income | ¥1,969 million (YoY +45.1%) |
| Profit attributable to owners of the parent | ¥1,226 million (YoY +13.2%) |
| Net income per share | ¥723.85 |
| Equity ratio | End of the current fiscal period 31.3 / End of previous period 28.7 |
| Total assets | ¥47,195 million |
| Net assets | ¥14,751 million |
| Full-year earnings forecast | Net Sales ¥46,000 million (YoY -2.2%) / Operating profit ¥1,600 million (YoY -48.0%) / Ordinary income ¥1,500 million (YoY -50.0%) / Profit attributable to owners of the parent ¥1,000 million (YoY -56.5%) |
| Revision to Earnings Forecast | No change |
| Annual Dividend Forecast | ¥100.00 → ¥40.00 |
| Segment revenue | Shipbuilding Business ¥24,119 million (YoY +12.5%), Other (Land-based and Services Businesses) ¥506 million (YoY -0.1%) |
| Segment profit | Shipbuilding Business ¥2,469 million (YoY +25.5%), Other (Land-based and Services Businesses) ¥36 million (YoY +25.0%) |
| Orders received and order backlog | Orders received ¥6,951 million / Order backlog ¥117,177 million |
| Breakdown of extraordinary income (loss) | Extraordinary income None / Extraordinary loss Loss on disposal of property, plant and equipment ¥11 million, Typhoon-related losses ¥38 million, Total extraordinary losses ¥50 million |
| Disclosure regarding the going concern assumption | Not applicable |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None |
| Changes in the scope of consolidation | No (0 additions, 0 exclusions) |
| Availability of Supplementary Financial Results Materials | None |
| Availability of Financial Results Briefing | None |
| Issued Shares at Period-End | 2,253,000 shares |
| Treasury Shares at Period-End | 558,272 treasury shares |
| Factors Behind Changes in Business Performance | The yen was weaker than in the same period of the previous year, increasing sales and profit from foreign-currency-denominated construction projects, and the company worked to improve productivity and reduce overhead. |
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyRegional salesDepreciation and amortizationImpairment 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.In addition to increased sales and profit from foreign-currency-denominated construction projects due to the weaker yen, the company worked to improve productivity and reduce overhead. The full-year forecast was left unchanged because the outlook for prices of materials and equipment such as paint and thinner remains uncertain due to foreign exchange rates and the situation in the Middle East.
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.