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 shaded area represents net assets as a proportion of total assets. It is calculated from the two amounts reported by the company.
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.
In the thermal equipment business, sales increased as restoration work on agricultural facilities and other sites affected by the torrential rains in Kumamoto and Kagoshima prefectures in August 2025 moved into full swing. In terms of earnings, selling, general and administrative expenses decreased as a result of cost-cutting efforts and the deferral of some expenditures to the second half of the fiscal year.
Not applicable.
| 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 | ¥3,425,159 thousand (YoY +10.1%) |
| Operating profit | ¥-2,092 thousand |
| Ordinary income | ¥-4,165 thousand |
| Profit attributable to owners of the parent | ¥-12,309 thousand |
| Total assets | ¥5,903,063 thousand |
| Net assets | ¥2,461,219 thousand |
| Cash flows from operating activities | ¥486,165 thousand |
| Cash flows from investing activities | ¥-56,235 thousand |
| Cash flows from financing activities | ¥-28,919 thousand |
| Cash and cash equivalents at end of period | ¥966,136 thousand |
| Revision to Earnings Forecast | No change |
| Segment revenue | Heating equipment ¥3,206,521 thousand (YoY +11.1%), Sanitary Equipment ¥217,105 thousand (YoY -3.9%) |
| Segment profit | Heating equipment ¥475,055 thousand, Sanitary Equipment ¥34,724 thousand |
| Depreciation and amortization | ¥66,983 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Insurance proceeds received ¥4,452 thousand / Extraordinary loss Loss on disposal of fixed assets ¥284 thousand |
| 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 | In the thermal equipment business, sales increased as restoration work on agricultural facilities and other sites affected by the torrential rains in Kumamoto and Kagoshima prefectures in August 2025 moved into full swing. In terms of earnings, selling, general and administrative expenses decreased as a result of cost-cutting efforts and the deferral of some expenditures to the second half of the fiscal year. |
Items this document does not state (16)
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.Restoration work on agricultural facilities and other sites affected by the torrential rains in Kumamoto and Kagoshima prefectures moved into full swing, driving higher sales. Selling, general and administrative expenses also decreased as a result of cost-cutting efforts and the deferral of some expenditures to the second half of the fiscal year.