Results for this period
First quarter1 April 2026 to 30 June 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 shaded area represents net assets as a proportion of total assets. It is calculated from the two amounts reported by the company.
Net sales in the Thermal Equipment business increased, mainly due to higher sales of agricultural heating equipment as a result of sales efforts. Operating loss, ordinary loss and net loss attributable to owners of the parent all exceeded the levels recorded in the same period of the previous year, due to the year-on-year increase in net sales and other factors. The Sanitary Equipment business reported lower sales due to reduced demand for public toilets and other products.
Not applicable.
| 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 | 1,240,917 thousand yen (YoY +21.3%) |
| Operating profit | -189,009 thousand yen |
| Ordinary income | -176,197 thousand yen |
| Profit attributable to owners of the parent | -201,801 thousand yen |
| Total assets | 5,574,770 thousand yen |
| Net assets | 2,242,961 thousand yen |
| Full-year earnings forecast | Net Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income Not disclosed / Remarks No change from the figures announced on 14 May 2026 |
| Segment revenue | Heating equipment 1,132,018 thousand yen (YoY +24.3%), Sanitary Equipment 108,755 thousand yen (YoY -2.9%) |
| Segment profit | Heating equipment 62,232 thousand yen, Sanitary Equipment 14,112 thousand yen |
| Depreciation and amortization | 32,379 thousand yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Insurance proceeds received 4,452 thousand yen / Extraordinary loss Loss on Disposal of Fixed Assets 23 thousand yen |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards Not disclosed / Other changes Not disclosed / Change in accounting estimate Not disclosed / Restatement Yes |
| Factors Behind Changes in Business Performance | Net sales in the Thermal Equipment business increased, mainly due to higher sales of agricultural heating equipment as a result of sales efforts. Operating loss, ordinary loss and net loss attributable to owners of the parent all exceeded the levels recorded in the same period of the previous year, due to the year-on-year increase in net sales and other factors. The Sanitary Equipment business reported lower sales due to reduced demand for public toilets and other products. |
Items this document does not state (20)
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.Net sales in the Thermal Equipment business increased, mainly due to higher sales of agricultural heating equipment as a result of sales efforts, and losses narrowed due to the year-on-year increase in net sales and other factors.