Worth reading
45Recurring
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
4.3
% (year-on-year change in revenue)Wording
Conditional
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPNet Sales172,462¥ millionYear on year +4.3%Progress 95.8%
Operating profit2,527¥ millionYear on year +3.4%Progress 70.2%
Ordinary income3,452¥ millionYear on year -0.6%Progress 76.7%
Net income attributable to owners of the parent2,818¥ millionYear on year -2.5%
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 share¥144.94
Operating Margin1.5%
Financial position at period-end
Total assets84,994¥ million
of which net assets 36,479 ¥ millionEquity ratio 42.9%vs. prior year-end +5.2pt
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 inflows and outflows
Operating+4,815
Investment+3,524
Financials-7,554
Net change+785
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.
Cash and cash equivalents at end of period¥5,595 million
Segment revenuePiping Materials ¥48,770 million (YoY +4.5%), Sanitary Ware and Fittings ¥46,691 million (YoY -1.1%), Housing Equipment ¥30,453 million (YoY +3.5%), Air-conditioning equipment and pumps ¥44,008 million (YoY +8.4%)
Segment profitPiping Materials ¥6,360 million, Sanitary Ware and Fittings ¥4,764 million, Housing Equipment ¥2,793 million, Air-conditioning equipment and pumps ¥4,032 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥180,000 million (YoY +4.4%)
Operating profit¥3,600 million (YoY +42.5%)
Ordinary income¥4,500 million (YoY +30.3%)
Profit attributable to owners of the parent¥3,700 million (YoY +31.3%)
Annual Dividend Forecast¥50.00 → ¥52.00（+4.0%）
Payout ratioFiscal year ending March 2026 34.5% / Forecast for the fiscal year ending March 2027 27.3%
Factors Behind Changes in Business Performance
Revenue increased due to growing demand in non-residential fields, including logistics warehouses and data centers, demand for remodeling and renovation, and increased demand for energy-efficient models. The Company also worked to strengthen its ready-delivery system, improve logistics efficiency, and enhance proposal-based sales.
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 consolidationNot applicable (no material change in the scope of consolidation during the period)
Material subsequent eventsNo applicable matters.
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥44 million, Gain on sale of investment securities ¥874 million, Other ¥0 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥122 million, Loss on valuation of golf membership rights ¥3 million, Costs of dismantling fixed assets ¥35 million, Other ¥9 million
Depreciation and amortization¥718 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNone (対象者：Not applicable)
Issued Shares at Period-End21,293,052 shares
Treasury Shares at Period-End1,833,724 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥172,462 million (YoY +4.3%) |
| Operating profit | ¥2,527 million (YoY +3.4%) |
| Ordinary income | ¥3,452 million (YoY -0.6%) |
| Profit attributable to owners of the parent | ¥2,818 million (YoY -2.5%) |
| Net income per share | ¥144.94 |
| Operating Margin | 1.5% |
| Equity ratio | End of the current fiscal period 42.9% / End of previous period 37.7% |
| Total assets | ¥84,994 million |
| Net assets | ¥36,479 million |
| Cash flows from operating activities | ¥4,815 million |
| Cash flows from investing activities | ¥3,524 million |
| Cash flows from financing activities | ¥-7,554 million |
| Cash and cash equivalents at end of period | ¥5,595 million |
| Full-year earnings forecast | Net Sales ¥180,000 million (YoY +4.4%) / Operating profit ¥3,600 million (YoY +42.5%) / Ordinary income ¥4,500 million (YoY +30.3%) / Profit attributable to owners of the parent ¥3,700 million (YoY +31.3%) |
| Annual Dividend Forecast | ¥50.00 → ¥52.00（+4.0%） |
| Payout ratio | Fiscal year ending March 2026 34.5% / Forecast for the fiscal year ending March 2027 27.3% |
| Segment revenue | Piping Materials ¥48,770 million (YoY +4.5%), Sanitary Ware and Fittings ¥46,691 million (YoY -1.1%), Housing Equipment ¥30,453 million (YoY +3.5%), Air-conditioning equipment and pumps ¥44,008 million (YoY +8.4%) |
| Segment profit | Piping Materials ¥6,360 million, Sanitary Ware and Fittings ¥4,764 million, Housing Equipment ¥2,793 million, Air-conditioning equipment and pumps ¥4,032 million |
| Depreciation and amortization | ¥718 million |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥44 million, Gain on sale of investment securities ¥874 million, Other ¥0 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥122 million, Loss on valuation of golf membership rights ¥3 million, Costs of dismantling fixed assets ¥35 million, Other ¥9 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 | Not applicable (no material change in the scope of consolidation during the period) |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | None (対象者：Not applicable) |
| Issued Shares at Period-End | 21,293,052 shares |
| Treasury Shares at Period-End | 1,833,724 shares |
| Factors Behind Changes in Business Performance | Revenue increased due to growing demand in non-residential fields, including logistics warehouses and data centers, demand for remodeling and renovation, and increased demand for energy-efficient models. The Company also worked to strengthen its ready-delivery system, improve logistics efficiency, and enhance proposal-based sales. |
Items this document does not state (4)
Revision to Earnings ForecastShareholder 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.Revenue was driven by growing demand in non-residential fields, including logistics warehouses and data centers, demand for remodeling and renovation, and increased demand for energy-efficient models. The Company also worked to strengthen its ready-delivery system, improve logistics efficiency, enhance proposal-based sales, and manage procurement and selling prices.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.