Worth reading
42Recurring
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
22.9
%Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPNet Sales10,868¥ millionYear on year +5.6%Progress 25.9%
Operating profit746¥ millionYear on year +22.9%Progress 31.1%
Ordinary income862¥ millionYear on year +16.9%Progress 34.5%
Net income attributable to owners of the parent590¥ millionYear on year +52.3%Progress 34.7%
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¥61.89
Financial position at period-end
Total assets60,392¥ million
of which net assets 34,877 ¥ millionEquity ratio 56.9%vs. prior year-end -0.9pt
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 and cash equivalents at end of period¥8,735 million
Segment revenueSteel pipe-related ¥10,677 million (YoY +6.2%), Real estate leasing and other ¥174 million (YoY +1.2%)
Segment profitSteel pipe-related ¥575 million (YoY +14.1%), Real estate leasing and other ¥152 million (YoY +1.3%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥42,000 million (YoY +3.8%)
Operating profit¥2,400 million (YoY +27.3%)
Ordinary income¥2,500 million (YoY +8.4%)
Net income¥1,700 million (YoY +11.8%)
Annual Dividend Forecast¥320 → ¥150（-53.1%）
Factors Behind Changes in Business Performance
Profitability improved due to secured sales volumes, appropriate sales pricing, ongoing cost-reduction initiatives, and reductions in procurement costs through optimization of suppliers.
Disclosure regarding the going concern assumption
No applicable matters
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 / Name of newly added company None / Excluded 0 / Excluded Company Name None
Impairment loss¥0 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥0 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥1 million
Depreciation and amortization¥224 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End10,400,000
Treasury Shares at Period-End864,662
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | ¥10,868 million (YoY +5.6%) |
| Operating profit | ¥746 million (YoY +22.9%) |
| Ordinary income | ¥862 million (YoY +16.9%) |
| Profit attributable to owners of the parent | ¥590 million (YoY +52.3%) |
| Net income per share | ¥61.89 |
| Equity ratio | End of the current fiscal period 56.9 / End of previous period 57.8 |
| Total assets | ¥60,392 million |
| Net assets | ¥34,877 million |
| Cash and cash equivalents at end of period | ¥8,735 million |
| Full-year earnings forecast | Net Sales ¥42,000 million (YoY +3.8%) / Operating profit ¥2,400 million (YoY +27.3%) / Ordinary income ¥2,500 million (YoY +8.4%) / Net income ¥1,700 million (YoY +11.8%) |
| Annual Dividend Forecast | ¥320 → ¥150（-53.1%） |
| Segment revenue | Steel pipe-related ¥10,677 million (YoY +6.2%), Real estate leasing and other ¥174 million (YoY +1.2%) |
| Segment profit | Steel pipe-related ¥575 million (YoY +14.1%), Real estate leasing and other ¥152 million (YoY +1.3%) |
| Depreciation and amortization | ¥224 million |
| Impairment loss | ¥0 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥0 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥1 million |
| Disclosure regarding the going concern assumption | No applicable matters |
| 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 / Name of newly added company None / Excluded 0 / Excluded Company Name None |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 10,400,000 |
| Treasury Shares at Period-End | 864,662 |
| Factors Behind Changes in Business Performance | Profitability improved due to secured sales volumes, appropriate sales pricing, ongoing cost-reduction initiatives, and reductions in procurement costs through optimization of suppliers. |
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogMaterial 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.Profitability improved as the company worked to secure sales volumes and promoted appropriate sales pricing, ongoing cost-reduction initiatives, and procurement cost reductions through optimization of suppliers.
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.