Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedIFRSThe 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.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Demand remained strong and exceeded expectations, the yen was weaker than assumed, and hydraulic equipment for automobiles and construction machinery performed solidly. Meanwhile, operating profit declined because the gain on bargain purchase arising from the full acquisition of Chita Kogyo Co., Ltd. in the previous year was no longer present.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥251,769 million (YoY +9.1%) |
| Operating profit | ¥17,916 million (YoY -13.5%) |
| Ordinary income | ¥17,473 million (YoY -16.7%) |
| Profit attributable to owners of the parent | ¥12,987 million (YoY -24.2%) |
| Net income per share | ¥102.50 |
| Equity ratio | End of the current fiscal period 47.7 / End of previous period 50.6 |
| Total assets | ¥492,057 million |
| Net assets | ¥244,609 million |
| Cash flows from operating activities | ¥19,263 million |
| Cash flows from investing activities | ¥-9,264 million |
| Cash flows from financing activities | ¥-16,344 million |
| Cash and cash equivalents at end of period | ¥43,216 million |
| Full-year earnings forecast | Net Sales ¥511,000 million (YoY +6.1%) / Operating profit ¥31,500 million (YoY -9.8%) / Profit before tax ¥29,500 million (YoY -15.5%) / Net income ¥21,000 million (YoY -27.7%) |
| Revision to Earnings Forecast | Net Sales ¥489,000 million → ¥511,000 million（+4.5%） / Segment profit ¥20,000 million → ¥26,500 million（+32.5%） / Operating profit ¥24,000 million → ¥31,500 million（+31.3%） / Profit before tax ¥22,000 million → ¥29,500 million（+34.1%） / Profit for the period ¥17,000 million → ¥23,000 million（+35.3%） / Profit for the year attributable to owners of the parent ¥16,000 million → ¥21,000 million（+31.3%） |
| Annual Dividend Forecast | 156 yen per share → 180 yen per share |
| Segment revenue | AC Business ¥177,085 million (YoY +10.2%), HC Business ¥67,037 million (YoY +5.7%), Aircraft Equipment Business ¥4,246 million (YoY +30.7%), Special-purpose Vehicles Business and Other ¥3,401 million (YoY +0.1%) |
| Segment profit | AC Business ¥11,437 million, HC Business ¥2,399 million, Aircraft Equipment Business ¥1,129 million, Special-purpose Vehicles Business and Other ¥296 million |
| Depreciation and amortization | ¥9,983 million |
| Impairment loss | ¥24 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 Not disclosed |
| Changes in the scope of consolidation | New 0 / Excluded 0 / Company name Not applicable |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Institutional investors and analysts |
| Issued Shares at Period-End | 121,796,394 |
| Treasury Shares at Period-End | 1,059,768 |
| Factors Behind Changes in Business Performance | Demand remained strong and exceeded expectations, the yen was weaker than assumed, and hydraulic equipment for automobiles and construction machinery performed solidly. Meanwhile, operating profit declined because the gain on bargain purchase arising from the full acquisition of Chita Kogyo Co., Ltd. in the previous year was no longer present. |
Items this document does not state (6)
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.The reasons given for revising the full-year forecasts were that demand had remained strong and exceeded expectations, the yen had been weaker than assumed, and the latest market outlook had been reflected. The increase in interim revenue was attributed to solid performance by hydraulic equipment for automobiles and construction machinery, while the decline in operating profit was attributed to the absence of the gain on bargain purchase arising from the full acquisition of Chita Kogyo Co., Ltd. in the previous year.