Worth reading
60In focus
Scored from 5 of 6 sectionsDirection
Deterioration
Direction inferred from the company’s description.Scale
-19.6
Year-on-year change in revenue (%)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)2025年4月1日〜2025年9月30日ConsolidatedJapanese GAAPNet Sales8,286¥ millionYear on year -19.6%Progress 34.5%
Operating profit-245¥ million
Ordinary income-276¥ million
Net income attributable to owners of the parent-224¥ million
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△14.58円
Financial position at period-end
Total assets19,379¥ million
of which net assets 9,682 ¥ millionEquity ratio 50.0%vs. prior year-end +0.5pt
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.
Cash inflows and outflows
Operating+1,667,527
Investment-341,164
Financials-1,239,202
Net change+87,161
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥2,163,716 thousand
Segment revenueTransportation Equipment Business ¥6,475,646 thousand (YoY -22.1%), Industrial Equipment business (energy management systems business) ¥1,792,460 thousand (YoY -9.3%), Other ¥18,664 thousand
Segment profitTransportation Equipment Business ¥-209,384 thousand, Industrial Equipment business (energy management systems business) ¥-7,226 thousand, Other ¥2,009 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥24,000 million (YoY -7.4%)
Operating profit¥1,100 million (YoY -68.9%)
Ordinary income¥1,100 million (YoY -68.4%)
Net income¥800 million (YoY -64.5%)
Revision to Earnings ForecastNo (unchanged)
Annual Dividend Forecast¥20 → ¥13.5（-32.5%）
Factors Behind Changes in Business Performance
新紙幣発行に伴う特需の剥落により関連設備の需要が大幅に減少し、輸送機器事業では運賃箱の改造・ソフト改修、運賃箱・ICカードリーダライタ、米国向け列車用LED灯具などの売上が減少した。自動車市場では主要顧客の製品モデルチェンジに伴い採用が減少し、産業機器事業ではバッテリー式フォークリフト用充電器やLED電源の売上が減少した。
Disclosure regarding the going concern assumption
Not applicable.
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 / Excluded 0 / Name of new company Not disclosed / Name of excluded company Not disclosed
Material subsequent eventsNot applicable.
Impairment loss11,716千円（輸送機器事業）
Breakdown of extraordinary income (loss)Extraordinary income Government subsidies ¥35,049 thousand / Extraordinary loss Impairment Losses ¥11,716 thousand, Loss on disposal of fixed assets ¥673 thousand
Depreciation and amortization¥344,946 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingHeld (対象者：Not disclosed)
Issued Shares at Period-End15,891,500
Treasury Shares at Period-End420,449
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2025年4月1日〜2025年9月30日 |
| Net Sales | ¥8,286 million (YoY -19.6%) |
| Operating profit | ¥-245 million |
| Ordinary income | ¥-276 million |
| Profit attributable to owners of the parent | ¥-224 million |
| Net income per share | △14.58円 |
| Equity ratio | End of the current fiscal period 50.0% / End of previous period 49.5% |
| Total assets | ¥19,379 million |
| Net assets | ¥9,682 million |
| Cash flows from operating activities | ¥1,667,527 thousand |
| Cash flows from investing activities | ¥-341,164 thousand |
| Cash flows from financing activities | ¥-1,239,202 thousand |
| Cash and cash equivalents at end of period | ¥2,163,716 thousand |
| Full-year earnings forecast | Net Sales ¥24,000 million (YoY -7.4%) / Operating profit ¥1,100 million (YoY -68.9%) / Ordinary income ¥1,100 million (YoY -68.4%) / Net income ¥800 million (YoY -64.5%) |
| Revision to Earnings Forecast | No (unchanged) |
| Annual Dividend Forecast | ¥20 → ¥13.5（-32.5%） |
| Segment revenue | Transportation Equipment Business ¥6,475,646 thousand (YoY -22.1%), Industrial Equipment business (energy management systems business) ¥1,792,460 thousand (YoY -9.3%), Other ¥18,664 thousand |
| Segment profit | Transportation Equipment Business ¥-209,384 thousand, Industrial Equipment business (energy management systems business) ¥-7,226 thousand, Other ¥2,009 thousand |
| Depreciation and amortization | ¥344,946 thousand |
| Impairment loss | 11,716千円（輸送機器事業） |
| Breakdown of extraordinary income (loss) | Extraordinary income Government subsidies ¥35,049 thousand / Extraordinary loss Impairment Losses ¥11,716 thousand, Loss on disposal of fixed assets ¥673 thousand |
| 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 / Excluded 0 / Name of new company Not disclosed / Name of excluded company Not disclosed |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Held (対象者：Not disclosed) |
| Issued Shares at Period-End | 15,891,500 |
| Treasury Shares at Period-End | 420,449 |
| Factors Behind Changes in Business Performance | 新紙幣発行に伴う特需の剥落により関連設備の需要が大幅に減少し、輸送機器事業では運賃箱の改造・ソフト改修、運賃箱・ICカードリーダライタ、米国向け列車用LED灯具などの売上が減少した。自動車市場では主要顧客の製品モデルチェンジに伴い採用が減少し、産業機器事業ではバッテリー式フォークリフト用充電器やLED電源の売上が減少した。 |
Items this document does not state (5)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlog
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.前年同期に売上を押し上げた新紙幣発行に伴う特需が剥落し、関連設備の需要が大幅に減少したため。原材料価格等が高水準で推移していることも挙げている。
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.