Results for this period
Interim period (second quarter)1 April 2026 to 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.
Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Optimization of the production and sales structure in line with demand, appropriate revisions to selling prices, and improvements in various costs. Demand for stainless steel products remained firm in areas including semiconductor manufacturing equipment, data centers and energy-related businesses, creating an environment conducive to raising selling prices.
No matters to report
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | 21,021 Millions of yen (YoY +5.9%) |
| Operating profit | 1,455 Millions of yen (YoY +65.8%) |
| Ordinary income | 1,577 Millions of yen (YoY +49.6%) |
| Profit attributable to owners of the parent | 1,068 Millions of yen (YoY +81.1%) |
| Net income per share | ¥112.02 |
| Equity ratio | End of the current fiscal period 57.5 / End of previous period 57.8 |
| Total assets | 62,529 Millions of yen |
| Net assets | 36,487 Millions of yen |
| Cash flows from operating activities | 2,614 Millions of yen |
| Cash flows from investing activities | -1,918 Millions of yen |
| Cash flows from financing activities | -1,105 Millions of yen |
| Cash and cash equivalents at end of period | 8,385 Millions of yen |
| Full-year earnings forecast | Net Sales 42,000 Millions of yen (YoY +3.8%) / Operating profit 2,400 Millions of yen (YoY +27.3%) / Ordinary income 2,500 Millions of yen (YoY +8.4%) / Net income 1,700 Millions of yen (YoY +11.8%) |
| Revision to Earnings Forecast | No |
| Annual Dividend Forecast | 320 Yen → 150 Yen |
| Segment revenue | Steel pipe-related 20,642 Millions of yen, Real estate and other rentals 350 Millions of yen |
| Segment profit | Steel pipe-related 1,144 Millions of yen, Real estate and other rentals 305 Millions of yen |
| Depreciation and amortization | 462 Millions of yen |
| Impairment loss | Not applicable (no impairment loss recognized) |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of fixed assets 0 Millions of yen / Extraordinary loss Loss on disposal of non-current assets 4 Millions of yen |
| Disclosure regarding the going concern assumption | No matters to report |
| 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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| 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 shares |
| Treasury Shares at Period-End | 860,996 shares |
| Factors Behind Changes in Business Performance | Optimization of the production and sales structure in line with demand, appropriate revisions to selling prices, and improvements in various costs. Demand for stainless steel products remained firm in areas including semiconductor manufacturing equipment, data centers and energy-related businesses, creating an environment conducive to raising selling prices. |
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.This resulted from efforts to optimize the production and sales structure in line with demand, appropriately revise selling prices, and improve various costs. In addition, demand for stainless steel products remained firm in areas including semiconductor manufacturing equipment, data centers and energy-related businesses, creating an environment conducive to raising selling prices.