Worth reading
57In focus
Scored from 5 of 6 sectionsDirection
Deterioration
Direction inferred from the company’s description.Scale
56
% (year-on-year decrease in operating profit)Wording
Conditional
How definitive the wording is.Results for this period
Third quarter1 April 2025 to 31 December 2025ConsolidatedJapanese GAAPNet Sales15,462¥ millionYear on year -1.8%Progress 64.4%
Operating profit790¥ millionYear on year -56.0%Progress 71.8%
Ordinary income952¥ millionYear on year -52.1%Progress 86.5%
Net income attributable to owners of the parent900¥ millionYear on year -27.7%Progress 112.5%
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 share58円39銭
Financial position at period-end
Total assets20,294¥ million
of which net assets 10,740 ¥ millionEquity ratio 52.9%vs. prior year-end +3.4pt
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 revenueTransportation Equipment Business ¥12,665.81 thousand (YoY +0.1%), Industrial Equipment business (energy management systems business) ¥2,768.59 thousand (YoY -9.3%), Other ¥28.00 million
Segment profitTransportation Equipment Business ¥784.55 thousand (YoY -52.5%), Industrial Equipment business (energy management systems business) ¥54.62 thousand (YoY -69.3%), Other ¥3.09 million
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%)
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一巡による関連設備需要の大幅減少、原材料価格等の高止まり、輸送機器事業の商品構成の変化、産業機器事業の減収。
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 Not disclosed / Excluded Not disclosed / Notes No significant changes in the scope of consolidation during the cumulative first-quarter period
Material subsequent eventsNot applicable.
Impairment loss¥21,438 thousand
Breakdown of extraordinary income (loss)Extraordinary income Government subsidies ¥298,324 thousand / Extraordinary loss Impairment Losses ¥21,438 thousand, Loss on disposal of fixed assets ¥1,578 thousand
Depreciation and amortization¥510,376 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者：Not disclosed)
Issued Shares at Period-End15,891,500 Shares
Treasury Shares at Period-End420,449 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 | ¥15,462 million (YoY -1.8%) |
| Operating profit | ¥790 million (YoY -56.0%) |
| Ordinary income | ¥952 million (YoY -52.1%) |
| Profit attributable to owners of the parent | ¥900 million (YoY -27.7%) |
| Net income per share | 58円39銭 |
| Equity ratio | End of the current fiscal period 52.9% / End of previous period 49.5% |
| Total assets | ¥20,294 million |
| Net assets | ¥10,740 million |
| 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%) |
| Annual Dividend Forecast | ¥20 → ¥13.5（-32.5%） |
| Segment revenue | Transportation Equipment Business ¥12,665.81 thousand (YoY +0.1%), Industrial Equipment business (energy management systems business) ¥2,768.59 thousand (YoY -9.3%), Other ¥28.00 million |
| Segment profit | Transportation Equipment Business ¥784.55 thousand (YoY -52.5%), Industrial Equipment business (energy management systems business) ¥54.62 thousand (YoY -69.3%), Other ¥3.09 million |
| Depreciation and amortization | ¥510,376 thousand |
| Impairment loss | ¥21,438 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Government subsidies ¥298,324 thousand / Extraordinary loss Impairment Losses ¥21,438 thousand, Loss on disposal of fixed assets ¥1,578 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 Not disclosed / Excluded Not disclosed / Notes No significant changes in the scope of consolidation during the cumulative first-quarter period |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | None (対象者：Not disclosed) |
| Issued Shares at Period-End | 15,891,500 Shares |
| Treasury Shares at Period-End | 420,449 Shares |
| Factors Behind Changes in Business Performance | 新紙幣発行に伴う特需の一巡による関連設備需要の大幅減少、原材料価格等の高止まり、輸送機器事業の商品構成の変化、産業機器事業の減収。 |
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 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一巡し、関連設備の需要が大幅に減少した。加えて、原材料価格等が高水準で推移し、輸送機器事業では商品構成の変化、産業機器事業では減収が減益要因となった。
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.