Worth reading
55In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
29.4
% (year-on-year increase in operating income)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales281,818Millions of yenYear on year +12.4%Progress 48.9%
Operating profit8,108Millions of yenYear on year +29.4%Progress 43.4%
Ordinary income8,373Millions of yenYear on year +27.8%Progress 43.8%
Net income attributable to owners of the parent5,510Millions of yenYear on year +13.7%
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¥261.57
Financial position at period-end
Total assets285,255Millions of yen
of which net assets 125,928 Millions of yenEquity ratio 43.7%vs. prior year-end +4.2pt
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-10,085
Investment-2,121
Financials-2,661
Net change-14,867
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 period33,688 Millions of yen
Segment revenueIndustrial equipment 41,355 Millions of yen (YoY +13.1%), Factory facilities 50,643 Millions of yen (YoY +6.3%), Housing Equipment, Piping Materials and Air Conditioning 118,258 Millions of yen (YoY +14.9%), Construction and Exteriors 33,449 Millions of yen (YoY +31.6%), Urban infrastructure 18,254 Millions of yen (YoY -3.9%), Energy 9,640 Millions of yen (YoY +7.2%), Other (outside reportable segments) 10,216 Millions of yen (YoY -0.8%)
Segment profitIndustrial equipment 1,732 Millions of yen, Factory facilities 1,696 Millions of yen, Housing Equipment, Piping Materials and Air Conditioning 5,739 Millions of yen, Construction and Exteriors 926 Millions of yen, Urban infrastructure 682 Millions of yen, Energy 86 Millions of yen, Other (outside reportable segments) -9 Millions of yen
Outlook and shareholder returns
Full-year earnings forecast
Net Sales576,100 Millions of yen (YoY +5.7%)
Operating profit18,700 Millions of yen (YoY +11.7%)
Ordinary income19,100 Millions of yen (YoY +10.8%)
Profit attributable to owners of the parent12,500 Millions of yen (YoY +4.0%)
Revision to Earnings ForecastNet Sales Not disclosed → 576,100 Millions of yen / Operating profit Not disclosed → 18,700 Millions of yen / Ordinary income Not disclosed → 19,100 Millions of yen / Profit attributable to owners of the parent Not disclosed → 12,500 Millions of yen
Annual Dividend Forecast190 Yen → 197 Yen（+3.7%）
Factors Behind Changes in Business Performance
In addition to improvement in employment and income conditions and private consumption, demand for capital investment related to semiconductors, defense, shipbuilding and data centers, and increased demand for energy-saving renovations and disaster-prevention products, the company promoted proposals for automation and labor savings, proposals for using subsidies, solution-based sales, and expanded sales of products for natural-disaster preparedness.
Disclosure regarding the going concern assumption
No applicable items
Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidation0 companies added and 0 excluded. “No material changes to the scope of consolidation during the interim period.”
Impairment lossNo applicable items
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 0 Millions of yen, Gain on Sale of Investment Securities 84 Millions of yen, Total 85 Millions of yen / Extraordinary loss Loss on sale of property, plant and equipment 62 Millions of yen, Loss on disposal of fixed assets 2 Millions of yen, Total 65 Millions of yen
Depreciation and amortization795 Millions of yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End22,100,000
Treasury Shares at Period-End1,075,453
| 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 | 281,818 Millions of yen (YoY +12.4%) |
| Operating profit | 8,108 Millions of yen (YoY +29.4%) |
| Ordinary income | 8,373 Millions of yen (YoY +27.8%) |
| Profit attributable to owners of the parent | 5,510 Millions of yen (YoY +13.7%) |
| Net income per share | ¥261.57 |
| Equity ratio | End of the current fiscal period 43.7 / End of previous period 39.5 |
| Total assets | 285,255 Millions of yen |
| Net assets | 125,928 Millions of yen |
| Cash flows from operating activities | -10,085 Millions of yen |
| Cash flows from investing activities | -2,121 Millions of yen |
| Cash flows from financing activities | -2,661 Millions of yen |
| Cash and cash equivalents at end of period | 33,688 Millions of yen |
| Full-year earnings forecast | Net Sales 576,100 Millions of yen (YoY +5.7%) / Operating profit 18,700 Millions of yen (YoY +11.7%) / Ordinary income 19,100 Millions of yen (YoY +10.8%) / Profit attributable to owners of the parent 12,500 Millions of yen (YoY +4.0%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → 576,100 Millions of yen / Operating profit Not disclosed → 18,700 Millions of yen / Ordinary income Not disclosed → 19,100 Millions of yen / Profit attributable to owners of the parent Not disclosed → 12,500 Millions of yen |
| Annual Dividend Forecast | 190 Yen → 197 Yen（+3.7%） |
| Segment revenue | Industrial equipment 41,355 Millions of yen (YoY +13.1%), Factory facilities 50,643 Millions of yen (YoY +6.3%), Housing Equipment, Piping Materials and Air Conditioning 118,258 Millions of yen (YoY +14.9%), Construction and Exteriors 33,449 Millions of yen (YoY +31.6%), Urban infrastructure 18,254 Millions of yen (YoY -3.9%), Energy 9,640 Millions of yen (YoY +7.2%), Other (outside reportable segments) 10,216 Millions of yen (YoY -0.8%) |
| Segment profit | Industrial equipment 1,732 Millions of yen, Factory facilities 1,696 Millions of yen, Housing Equipment, Piping Materials and Air Conditioning 5,739 Millions of yen, Construction and Exteriors 926 Millions of yen, Urban infrastructure 682 Millions of yen, Energy 86 Millions of yen, Other (outside reportable segments) -9 Millions of yen |
| Depreciation and amortization | 795 Millions of yen |
| Impairment loss | No applicable items |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets 0 Millions of yen, Gain on Sale of Investment Securities 84 Millions of yen, Total 85 Millions of yen / Extraordinary loss Loss on sale of property, plant and equipment 62 Millions of yen, Loss on disposal of fixed assets 2 Millions of yen, Total 65 Millions of yen |
| 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 companies added and 0 excluded. “No material changes to the scope of consolidation during the interim period.” |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors and analysts) |
| Issued Shares at Period-End | 22,100,000 |
| Treasury Shares at Period-End | 1,075,453 |
| Factors Behind Changes in Business Performance | In addition to improvement in employment and income conditions and private consumption, demand for capital investment related to semiconductors, defense, shipbuilding and data centers, and increased demand for energy-saving renovations and disaster-prevention products, the company promoted proposals for automation and labor savings, proposals for using subsidies, solution-based sales, and expanded sales of products for natural-disaster preparedness. |
Items this document does not state (6)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogMaterial subsequent events
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.There was improvement in employment and income conditions and private consumption, demand for capital investment related to semiconductors, defense, shipbuilding and data centers, and increased demand for energy-saving renovations and disaster-prevention products. In addition, the company promoted proposals for automation and labor savings, proposals for using subsidies, solution-based sales, and expanded sales of products for natural-disaster preparedness.
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.