Results for this period
Interim period (second quarter)1 April 2026–30 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.
Revenue increased mainly due to higher sales in the Construction Machinery, Transportation Equipment and Steel Structures, and Engineering businesses. Operating income and ordinary income increased mainly due to higher profit in the Railway Vehicles, Construction Machinery, Transportation Equipment and Steel Structures, and Engineering businesses.
Not applicable
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | ¥47,960 million (YoY +3.0%) |
| Operating profit | ¥5,433 million (YoY +34.5%) |
| Ordinary income | ¥5,769 million (YoY +35.3%) |
| Profit attributable to owners of the parent | ¥5,500 million (YoY -4.4%) |
| Net income per share | ¥381.24 |
| Equity ratio | End of the current fiscal period 56.4 / End of previous period 53.9 |
| Total assets | ¥155,096 million |
| Net assets | ¥87,461 million |
| Full-year earnings forecast | Net Sales ¥113,000 million (YoY +13.0%) / Operating profit ¥12,700 million (YoY +9.3%) / Ordinary income ¥13,400 million (YoY +11.8%) / Net income ¥9,600 million (YoY -17.7%) |
| Revision to Earnings Forecast | Net Sales 107,000 / Operating profit 8,800 / Ordinary income 9,300 / Profit attributable to owners of the parent 7,500 → Net Sales 113,000 / Operating profit 12,700 / Ordinary income 13,400 / Profit attributable to owners of the parent 9,600（Net Sales 5.6 / Operating profit 44.3 / Ordinary income 44.1 / Profit attributable to owners of the parent 28） |
| Annual Dividend Forecast | ¥45 → ¥50 |
| Segment revenue | Railway rolling stock business ¥22,814 million (YoY -5.7%), Construction Equipment Business ¥12,000 million (YoY +22.8%), Transportation equipment and steel structures business ¥10,107 million (YoY +1.1%), Engineering Business ¥2,988 million (YoY +16.5%) |
| Segment profit | Railway rolling stock business ¥2,581 million, Construction Equipment Business ¥1,894 million, Transportation equipment and steel structures business ¥1,327 million, Engineering Business ¥346 million |
| Orders received and order backlog | Orders received ¥36,809 million / Order backlog ¥188,236 million |
| Depreciation and amortization | ¥1,309 million |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥563 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥138 million |
| Disclosure regarding the going concern assumption | Not applicable |
| 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 / Excluded 0 companies / Company name None |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Available |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 14,675,012 shares |
| Treasury Shares at Period-End | 246,032 shares |
| Factors Behind Changes in Business Performance | Revenue increased mainly due to higher sales in the Construction Machinery, Transportation Equipment and Steel Structures, and Engineering businesses. Operating income and ordinary income increased mainly due to higher profit in the Railway Vehicles, Construction Machinery, Transportation Equipment and Steel Structures, and Engineering businesses. |
Items this document does not state (8)
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.Revenue is expected to increase, as each business is performing more steadily than anticipated. Profit is also expected to increase, as there has been no impact from the situation in the Middle East on the manufacturing process, margins are improving due to higher revenue and changes in the product mix, and initiatives to improve quality, reduce costs and enhance operational efficiency are contributing. For the interim period, revenue growth was attributed mainly to higher sales in the Construction Machinery, Transportation Equipment and Steel Structures, and Engineering businesses, while operating income growth was attributed mainly to higher profit in the Railway Vehicles, Construction Machinery, Transportation Equipment and Steel Structures, and Engineering businesses.