Worth reading
58In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 July 2026 to 30 September 2026Non-consolidated (individual)Japanese GAAPNet Sales8,770¥ millionYear on year +1.0%Progress 21.4%
Operating profit692¥ millionYear on year -12.3%Progress 17.3%
Ordinary income671¥ millionYear on year -17.8%Progress 16.0%
Net income attributable to owners of the parent443¥ millionYear on year -18.7%Progress 15.3%
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¥130.79
Financial position at period-end
Total assets37,860¥ million
of which net assets 24,035 ¥ millionEquity ratio 63.5%vs. prior year-end +3.3pt
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.
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥41,000 million (YoY -9.3%)
Operating profit¥4,000 million (YoY -9.8%)
Ordinary income¥4,200 million (YoY -10.9%)
Net income¥2,900 million (YoY -11.9%)
Revision to Earnings ForecastNo
Annual Dividend Forecast390 yen per share → 35 yen per share
Factors Behind Changes in Business Performance
Life-line-related products (water and gas) and products for the semiconductor and automotive industries remained solid, while profits declined due to higher personnel expenses and other factors.
Disclosure regarding the going concern assumption
None
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
Material subsequent eventsAt a meeting of the Board of Directors held on 26 October 2026, the Company resolved to conduct a 10-for-1 stock split of its common shares, effective 1 January 2027, amend its Articles of Incorporation accordingly, and adjust the number of shares granted under its restricted stock compensation plan.
Depreciation and amortization¥22 million
Orders received and order backlogOrders received ¥11,583 million (YoY -13.7%) / Order backlog ¥33,739 million (YoY +2.4%)
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo (no target participants specified)
Issued Shares at Period-End3,432,475
Treasury Shares at Period-End40,735
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (individual) |
| Period Covered | 1 July 2026 to 30 September 2026 |
| Net Sales | ¥8,770 million (YoY +1.0%) |
| Operating profit | ¥692 million (YoY -12.3%) |
| Ordinary income | ¥671 million (YoY -17.8%) |
| Profit attributable to owners of the parent | ¥443 million (YoY -18.7%) |
| Net income per share | ¥130.79 |
| Equity ratio | End of the current fiscal period 63.5 / End of previous period 60.2 |
| Total assets | ¥37,860 million |
| Net assets | ¥24,035 million |
| Full-year earnings forecast | Net Sales ¥41,000 million (YoY -9.3%) / Operating profit ¥4,000 million (YoY -9.8%) / Ordinary income ¥4,200 million (YoY -10.9%) / Net income ¥2,900 million (YoY -11.9%) |
| Revision to Earnings Forecast | No |
| Annual Dividend Forecast | 390 yen per share → 35 yen per share |
| Orders received and order backlog | Orders received ¥11,583 million (YoY -13.7%) / Order backlog ¥33,739 million (YoY +2.4%) |
| Depreciation and amortization | ¥22 million |
| Disclosure regarding the going concern assumption | None |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Material subsequent events | At a meeting of the Board of Directors held on 26 October 2026, the Company resolved to conduct a 10-for-1 stock split of its common shares, effective 1 January 2027, amend its Articles of Incorporation accordingly, and adjust the number of shares granted under its restricted stock compensation plan. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No (no target participants specified) |
| Issued Shares at Period-End | 3,432,475 |
| Treasury Shares at Period-End | 40,735 |
| Factors Behind Changes in Business Performance | Life-line-related products (water and gas) and products for the semiconductor and automotive industries remained solid, while profits declined due to higher personnel expenses and other factors. |
Items this document does not state (13)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesImpairment lossBreakdown of extraordinary income (loss)Changes in the scope of consolidation
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.Sales increased as life-line-related products (water and gas) and products for the semiconductor and automotive industries remained solid. Profits declined due to higher personnel expenses and other factors.
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.