Worth reading
59In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
25.3
% (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPNet Sales58,556Millions of yenYear on year -2.6%Progress 90.1%
Operating profit7,100Millions of yenYear on year +25.3%Progress 78.9%
Ordinary income7,012Millions of yenYear on year +16.9%Progress 80.6%
Net income attributable to owners of the parent5,128Millions of yenYear on year +9.7%
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¥291.16
Operating Margin12.1%
Financial position at period-end
Total assets83,405Millions of yen
of which net assets 53,518 Millions of yenEquity ratio 64.1%vs. prior year-end -0.8pt
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+5,028
Investment-4,360
Financials-902
Net change-234
Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of yen).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 period7,915 Millions of yen
Segment revenueSealing Products Business 43,858 Millions of yen (YoY +8.0%), Functional Resin Products Business 14,697 Millions of yen (YoY -10.0%)
Segment profitSealing Products Business 6,605 Millions of yen (YoY +35.2%), Functional Resin Products Business 495 Millions of yen (YoY -12.7%)
Regional sales39,551 Millions of yen, 15,968 Millions of yen, 2,906 Millions of yen, 130 Millions of yen
Outlook and shareholder returns
Full-year earnings forecast
Net Sales65,000 Millions of yen (YoY +11.0%)
Operating profit9,000 Millions of yen (YoY +26.7%)
Ordinary income8,700 Millions of yen (YoY +24.1%)
Profit attributable to owners of the parent7,100 Millions of yen (YoY +38.4%)
Annual Dividend Forecast¥150 → ¥200
Payout ratio49.6%
Factors Behind Changes in Business Performance
In the Seal Products Business, sales of high-performance sealing products for the advanced industries market remained strong, particularly in the second half. In the Functional Resin Products Business, first-half demand declined for fluororesin processed products and tanks for the advanced industries market, as well as fluororesin valves and tanks for the plant market, and expenses related to the review of the business structure and production sites were recorded.
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 Number of companies 2 / Company name バルカートルクシステム株式会社, バルカーアドバンスドベトナムカンパニーリミテッド / Excluded Number of companies 2 / Company name バルカーシール（上海）有限公司, 株式会社バルカーエスイーエス
Material subsequent eventsNo applicable matters.
Impairment lossNo applicable items for the consolidated fiscal year
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 47 Millions of yen, Gain on sale of investments in an affiliated company 83 Millions of yen / Extraordinary loss Loss on sale of fixed assets 8 Millions of yen, Loss on disposal of fixed assets 33 Millions of yen, Business structure improvement expenses 345 Millions of yen
Depreciation and amortization2,736 Millions of yen
Orders received and order backlogOrders received 60,334 Millions of yen / Order backlog 12,810 Millions of yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and securities analysts)
Issued Shares at Period-End18,688,733
Treasury Shares at Period-End1,068,366
| 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 | 58,556 Millions of yen (YoY -2.6%) |
| Operating profit | 7,100 Millions of yen (YoY +25.3%) |
| Ordinary income | 7,012 Millions of yen (YoY +16.9%) |
| Profit attributable to owners of the parent | 5,128 Millions of yen (YoY +9.7%) |
| Net income per share | ¥291.16 |
| Operating Margin | 12.1% |
| Equity ratio | End of the current fiscal period 64.1% / End of previous period 64.9% |
| Total assets | 83,405 Millions of yen |
| Net assets | 53,518 Millions of yen |
| Cash flows from operating activities | 5,028 Millions of yen |
| Cash flows from investing activities | -4,360 Millions of yen |
| Cash flows from financing activities | -902 Millions of yen |
| Cash and cash equivalents at end of period | 7,915 Millions of yen |
| Full-year earnings forecast | Net Sales 65,000 Millions of yen (YoY +11.0%) / Operating profit 9,000 Millions of yen (YoY +26.7%) / Ordinary income 8,700 Millions of yen (YoY +24.1%) / Profit attributable to owners of the parent 7,100 Millions of yen (YoY +38.4%) |
| Annual Dividend Forecast | ¥150 → ¥200 |
| Payout ratio | 49.6% |
| Segment revenue | Sealing Products Business 43,858 Millions of yen (YoY +8.0%), Functional Resin Products Business 14,697 Millions of yen (YoY -10.0%) |
| Segment profit | Sealing Products Business 6,605 Millions of yen (YoY +35.2%), Functional Resin Products Business 495 Millions of yen (YoY -12.7%) |
| Regional sales | 39,551 Millions of yen, 15,968 Millions of yen, 2,906 Millions of yen, 130 Millions of yen |
| Orders received and order backlog | Orders received 60,334 Millions of yen / Order backlog 12,810 Millions of yen |
| Depreciation and amortization | 2,736 Millions of yen |
| Impairment loss | No applicable items for the consolidated fiscal year |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets 47 Millions of yen, Gain on sale of investments in an affiliated company 83 Millions of yen / Extraordinary loss Loss on sale of fixed assets 8 Millions of yen, Loss on disposal of fixed assets 33 Millions of yen, Business structure improvement expenses 345 Millions of yen |
| 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 Number of companies 2 / Company name バルカートルクシステム株式会社, バルカーアドバンスドベトナムカンパニーリミテッド / Excluded Number of companies 2 / Company name バルカーシール（上海）有限公司, 株式会社バルカーエスイーエス |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors and securities analysts) |
| Issued Shares at Period-End | 18,688,733 |
| Treasury Shares at Period-End | 1,068,366 |
| Factors Behind Changes in Business Performance | In the Seal Products Business, sales of high-performance sealing products for the advanced industries market remained strong, particularly in the second half. In the Functional Resin Products Business, first-half demand declined for fluororesin processed products and tanks for the advanced industries market, as well as fluororesin valves and tanks for the plant market, and expenses related to the review of the business structure and production sites were recorded. |
Items this document does not state (2)
Revision to Earnings ForecastShareholder Return Policy
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.In the Seal Products Business, sales of high-performance sealing products for the advanced industries market remained particularly strong in the second half. In the Functional Resin Products Business, demand for products for the advanced industries market and other applications declined in the first half, and expenses related to the review of the business structure and production sites were also recorded.
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.