Worth reading
49Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
4.1
Year-on-year change in revenue (%)Wording
Avoiding a definitive answer
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPNet Sales25,152¥ millionYear on year +4.1%
Operating profit2,323¥ millionYear on year +7.3%
Ordinary income2,780¥ millionYear on year +10.9%
Net income attributable to owners of the parent1,858¥ millionYear on year +8.4%
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.
Net income per share¥125.19
Operating Margin9.2%
Financial position at period-end
Total assets50,218¥ million
of which net assets 43,391 ¥ millionEquity ratio 86.2%vs. prior year-end +3.2pt
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+1,937
Investment-2,451
Financials-1,107
Net change-1,621
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¥10,184 million
Segment revenuePlumbing and piping equipment ¥22,222 million (YoY +2.1%), Water and Environmental Engineering ¥2,034 million (YoY +38.0%), Various Plastic Molding ¥1,077 million (YoY -2.5%)
Segment profitPlumbing and piping equipment ¥2,019 million (YoY +1.9%), Water and Environmental Engineering ¥299 million (YoY +81.8%), Various Plastic Molding ¥18 million (YoY -40.7%)
Regional salesNot applicable (no sales to external customers outside Japan)
Outlook and shareholder returns
Full-year earnings forecast
Net SalesNot disclosed
Operating profitNot disclosed
Ordinary incomeNot disclosed
Net incomeNot disclosed
RemarksNo earnings forecast has been provided for the fiscal year ending March 2027. It is scheduled to be announced by the newly listing Maezawa Holdings and is currently under review.
Annual Dividend Forecast¥69 per share → ¥75 per share（+8.7%）
Payout ratio59.9%
Shareholder Return PolicyAnnual dividends will be paid with a floor of ¥50 per share, targeting a payout ratio of 60%.
Factors Behind Changes in Business Performance
The effect of price revisions implemented in the previous year and solid performance in the Water and Environmental Engineering segment contributed to results. In Plumbing Equipment and Materials, the company strengthened sales of重点 products and secured new adoptions, while Various Plastic Molding saw a decrease in sales and an increase in outsourcing costs.
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 consolidationNew 0 companies / Excluded 1 company / Company name 株式会社新潟成型
Material subsequent eventsNo applicable matters.
Impairment lossNo applicable matters
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥1 million, Gain on sale of investment securities ¥312 million / Extraordinary loss Loss on sale of fixed assets ¥1 million, Loss on Disposal of Fixed Assets ¥7 million, Loss on sale of shares of subsidiaries and affiliates ¥381 million, Impairment Loss on Investment Securities ¥107 million, Loss on lease cancellation ¥0 million, Impairment loss on membership rights ¥0 million
Depreciation and amortization¥1,065 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End15,732,000 shares
Treasury Shares at Period-End879,009 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 | ¥25,152 million (YoY +4.1%) |
| Operating profit | ¥2,323 million (YoY +7.3%) |
| Ordinary income | ¥2,780 million (YoY +10.9%) |
| Profit attributable to owners of the parent | ¥1,858 million (YoY +8.4%) |
| Net income per share | ¥125.19 |
| Operating Margin | 9.2% |
| Equity ratio | End of the current fiscal period 86.2% / End of previous period 83.0% |
| Total assets | ¥50,218 million |
| Net assets | ¥43,391 million |
| Cash flows from operating activities | ¥1,937 million |
| Cash flows from investing activities | ¥-2,451 million |
| Cash flows from financing activities | ¥-1,107 million |
| Cash and cash equivalents at end of period | ¥10,184 million |
| Full-year earnings forecast | Net Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income Not disclosed / Remarks No earnings forecast has been provided for the fiscal year ending March 2027. It is scheduled to be announced by the newly listing Maezawa Holdings and is currently under review. |
| Annual Dividend Forecast | ¥69 per share → ¥75 per share（+8.7%） |
| Payout ratio | 59.9% |
| Shareholder Return Policy | Annual dividends will be paid with a floor of ¥50 per share, targeting a payout ratio of 60%. |
| Segment revenue | Plumbing and piping equipment ¥22,222 million (YoY +2.1%), Water and Environmental Engineering ¥2,034 million (YoY +38.0%), Various Plastic Molding ¥1,077 million (YoY -2.5%) |
| Segment profit | Plumbing and piping equipment ¥2,019 million (YoY +1.9%), Water and Environmental Engineering ¥299 million (YoY +81.8%), Various Plastic Molding ¥18 million (YoY -40.7%) |
| Regional sales | Not applicable (no sales to external customers outside Japan) |
| Depreciation and amortization | ¥1,065 million |
| Impairment loss | No applicable matters |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥1 million, Gain on sale of investment securities ¥312 million / Extraordinary loss Loss on sale of fixed assets ¥1 million, Loss on Disposal of Fixed Assets ¥7 million, Loss on sale of shares of subsidiaries and affiliates ¥381 million, Impairment Loss on Investment Securities ¥107 million, Loss on lease cancellation ¥0 million, Impairment loss on membership rights ¥0 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 | New 0 companies / Excluded 1 company / Company name 株式会社新潟成型 |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 15,732,000 shares |
| Treasury Shares at Period-End | 879,009 shares |
| Factors Behind Changes in Business Performance | The effect of price revisions implemented in the previous year and solid performance in the Water and Environmental Engineering segment contributed to results. In Plumbing Equipment and Materials, the company strengthened sales of重点 products and secured new adoptions, while Various Plastic Molding saw a decrease in sales and an increase in outsourcing costs. |
Items this document does not state (2)
Revision to Earnings ForecastOrders 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.Despite the challenging environment, in which new housing starts for detached houses fell below the previous year, results exceeded the previous fiscal year due to the effect of price revisions implemented in the previous year and solid performance in the Water and Environmental Engineering segment.
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.