Worth reading
53Recurring
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
78.7
% (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPNet Sales43,378¥ millionYear on year +11.7%Progress 24.1%
Operating profit427¥ millionYear on year +78.7%Progress 11.9%
Ordinary income803¥ millionYear on year +32.5%Progress 17.8%
Net income attributable to owners of the parent703¥ millionYear on year +35.7%
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¥36.17
Financial position at period-end
Total assets106,130¥ million
of which net assets 38,148 ¥ millionEquity ratio 35.7%vs. prior year-end -7.2pt
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.
Segment revenuePiping Materials ¥12,841 million (YoY +14.4%), Sanitary Ware and Fittings ¥10,600 million (YoY +6.1%), Housing Equipment ¥8,137 million (YoY +11.9%), Air Conditioning and Pumps ¥11,153 million (YoY +11.8%)
Segment profitPiping Materials ¥1,719 million, Sanitary Ware and Fittings ¥1,087 million, Housing Equipment ¥681 million, Air Conditioning and Pumps ¥983 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%)
Revision to Earnings ForecastNo change (latest forecast maintained)
Annual Dividend Forecast¥50 per share → ¥52 per share（+4.0%）
Factors Behind Changes in Business Performance
Revenue increased due to proactive sales activities, demand to secure products in preparation for supply concerns, demand from large-scale projects involving semiconductors and data centers, renovation demand and subsidies, and strong sales of highly efficient, high-value-added products.
Disclosure regarding the going concern assumption
Not applicable (no matters to report in the notes on the going concern assumption)
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 Number of companies 4 / Company name みらいユナイツ株式会社, エイ・スィーサービス株式会社, 株式会社日本政策総研, 株式会社一心堂 / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsOn 22 July 2026, the company disposed of 20,400 treasury shares as restricted stock compensation. The total disposal price was ¥28,090,800.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥202 million, Gain on sale of non-current assets ¥0 million / Extraordinary loss Loss on sale of fixed assets ¥0 million
Depreciation and amortization¥191 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-End1,832,044 shares
| 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 | ¥43,378 million (YoY +11.7%) |
| Operating profit | ¥427 million (YoY +78.7%) |
| Ordinary income | ¥803 million (YoY +32.5%) |
| Profit attributable to owners of the parent | ¥703 million (YoY +35.7%) |
| Net income per share | ¥36.17 |
| Equity ratio | End of the current fiscal period 35.7 / End of previous period 42.9 |
| Total assets | ¥106,130 million |
| Net assets | ¥38,148 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%) |
| Revision to Earnings Forecast | No change (latest forecast maintained) |
| Annual Dividend Forecast | ¥50 per share → ¥52 per share（+4.0%） |
| Segment revenue | Piping Materials ¥12,841 million (YoY +14.4%), Sanitary Ware and Fittings ¥10,600 million (YoY +6.1%), Housing Equipment ¥8,137 million (YoY +11.9%), Air Conditioning and Pumps ¥11,153 million (YoY +11.8%) |
| Segment profit | Piping Materials ¥1,719 million, Sanitary Ware and Fittings ¥1,087 million, Housing Equipment ¥681 million, Air Conditioning and Pumps ¥983 million |
| Depreciation and amortization | ¥191 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities ¥202 million, Gain on sale of non-current assets ¥0 million / Extraordinary loss Loss on sale of fixed assets ¥0 million |
| Disclosure regarding the going concern assumption | Not applicable (no matters to report in the notes on the going concern assumption) |
| 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 4 / Company name みらいユナイツ株式会社, エイ・スィーサービス株式会社, 株式会社日本政策総研, 株式会社一心堂 / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | On 22 July 2026, the company disposed of 20,400 treasury shares as restricted stock compensation. The total disposal price was ¥28,090,800. |
| 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 | 1,832,044 shares |
| Factors Behind Changes in Business Performance | Revenue increased due to proactive sales activities, demand to secure products in preparation for supply concerns, demand from large-scale projects involving semiconductors and data centers, renovation demand and subsidies, and strong sales of highly efficient, high-value-added products. |
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment loss
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 increased due to proactive sales activities, demand to secure products in preparation for supply concerns, large-scale projects involving semiconductors and data centers, renovation demand and subsidies, and strong sales of highly efficient, high-value-added products.
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.