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 ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Firm investment demand from railway operators, recovery in demand in the general industrial sector, an increased sales mix of high-value-added products, and higher gross profit accompanying the increase in revenue. Some deliveries were also brought forward into the previous fiscal year.
No applicable items.
| 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 | ¥16,108 million (YoY +1.9%) |
| Operating profit | ¥205 million (YoY +69.0%) |
| Ordinary income | ¥292 million (YoY +39.8%) |
| Profit attributable to owners of the parent | ¥202 million (YoY +1.7%) |
| Net income per share | ¥70.43 |
| Equity ratio | End of the current fiscal period 45.8 / End of previous period 37.1 |
| Total assets | ¥23,416 million |
| Net assets | ¥10,733 million |
| Cash flows from operating activities | ¥-507,785 thousand |
| Cash flows from investing activities | ¥-86,985 thousand |
| Cash flows from financing activities | ¥-76,139 thousand |
| Cash and cash equivalents at end of period | ¥8,884,867 thousand |
| Full-year earnings forecast | Net Sales ¥32,000 million (YoY -5.5%) / Operating profit ¥600 million (YoY -17.5%) / Ordinary income ¥710 million (YoY -6.4%) / Net income ¥460 million (YoY -8.4%) |
| Annual Dividend Forecast | 25 yen → 25 yen（0.0%） |
| Segment revenue | Railway business ¥14,487 million (YoY -1.6%), General operations ¥1,621 million (YoY +49.1%) |
| Segment profit | Railway business ¥223 million (YoY +25.7%), General operations ¥-18 million |
| Depreciation and amortization | ¥24,133 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Reversal of allowance for doubtful accounts ¥18,432 thousand / Extraordinary loss Not disclosed |
| Disclosure regarding the going concern assumption | No applicable items. |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None |
| Changes in the scope of consolidation | 0 additions and 0 exclusions (no company names) |
| Availability of Supplementary Financial Results Materials | Available |
| Availability of Financial Results Briefing | Available (for analysts) |
| Issued Shares at Period-End | 2,880,000 |
| Treasury Shares at Period-End | 4,414 |
| Factors Behind Changes in Business Performance | Firm investment demand from railway operators, recovery in demand in the general industrial sector, an increased sales mix of high-value-added products, and higher gross profit accompanying the increase in revenue. Some deliveries were also brought forward into the previous fiscal year. |
Items this document does not state (8)
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 as investment demand from the company's major customers, railway operators, remained firm and demand in the general industrial sector recovered. In the railway business, profit margins improved due in part to an increased sales mix of high-value-added products, while in the general business, the operating loss narrowed as revenue increased. On the other hand, changes to customers' manufacturing processes resulted in some deliveries being brought forward into the previous fiscal year.