Worth reading
59In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
-12
Year-on-year change in operating profit (%)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales97,585¥ millionYear on year +10.6%
Operating profit4,395¥ millionYear on year -12.0%Progress 22.0%
Ordinary income4,326¥ millionYear on year -14.1%Progress 21.6%
Net income attributable to owners of the parent2,903¥ millionYear on year -15.6%Progress 20.7%
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¥9.08
Financial position at period-end
Total assets150,752¥ million
of which net assets 65,698 ¥ millionEquity ratio 43.2%vs. prior year-end +2.3pt
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+2,751
Investment-3,608
Financials-5,554
Net change-6,411
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¥17,370 million
Segment revenue¥40,041 million, ¥21,835 million, ¥26,512 million, ¥9,196 million
Segment profit¥21,371 million, ¥801 million (YoY -74.3%), ¥8,261 million, ¥880 million (YoY +18.1%)
Outlook and shareholder returns
Full-year earnings forecast
Net SalesNot disclosed
Operating profit¥20,000 million (YoY -6.0%)
Ordinary income¥20,000 million (YoY -5.7%)
Net income¥14,000 million (YoY -5.5%)
Revision to Earnings ForecastNo
Annual Dividend Forecast103.00 (actual for the fiscal year ending March 2026) → 110.50 (without taking the stock split into account; the post-split annual total is not stated)
Factors Behind Changes in Business Performance
Gross profit in the LP gas business increased as LP gas sales volume grew, while gross profit in the electricity business contracted substantially due to higher fuel prices and a decline in electricity sales volume resulting from mild weather.
Disclosure regarding the going concern assumption
No applicable items. “There are 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 consolidation0 companies added and 0 companies removed. “No material changes to the scope of consolidation during the interim period.”
Material subsequent eventsA stock split will be conducted effective 1 October 2026, at a ratio of 3 shares of common stock for each 1 share.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥114 million, Gain on sale of investment securities ¥15 million / Extraordinary loss Loss on retirement of non-current assets ¥62 million
Depreciation and amortization¥4,785 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors)
Issued Shares at Period-End323,855,394
Treasury Shares at Period-End4,324,797
| 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 | ¥97,585 million (YoY +10.6%) |
| Operating profit | ¥4,395 million (YoY -12.0%) |
| Ordinary income | ¥4,326 million (YoY -14.1%) |
| Profit attributable to owners of the parent | ¥2,903 million (YoY -15.6%) |
| Net income per share | ¥9.08 |
| Equity ratio | End of the current fiscal period 43.2 / End of previous period 40.9 |
| Total assets | ¥150,752 million |
| Net assets | ¥65,698 million |
| Cash flows from operating activities | ¥2,751 million |
| Cash flows from investing activities | ¥-3,608 million |
| Cash flows from financing activities | ¥-5,554 million |
| Cash and cash equivalents at end of period | ¥17,370 million |
| Full-year earnings forecast | Net Sales Not disclosed / Operating profit ¥20,000 million (YoY -6.0%) / Ordinary income ¥20,000 million (YoY -5.7%) / Net income ¥14,000 million (YoY -5.5%) |
| Revision to Earnings Forecast | No |
| Annual Dividend Forecast | 103.00 (actual for the fiscal year ending March 2026) → 110.50 (without taking the stock split into account; the post-split annual total is not stated) |
| Segment revenue | ¥40,041 million, ¥21,835 million, ¥26,512 million, ¥9,196 million |
| Segment profit | ¥21,371 million, ¥801 million (YoY -74.3%), ¥8,261 million, ¥880 million (YoY +18.1%) |
| Depreciation and amortization | ¥4,785 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥114 million, Gain on sale of investment securities ¥15 million / Extraordinary loss Loss on retirement of non-current assets ¥62 million |
| Disclosure regarding the going concern assumption | No applicable items. “There are 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 | 0 companies added and 0 companies removed. “No material changes to the scope of consolidation during the interim period.” |
| Material subsequent events | A stock split will be conducted effective 1 October 2026, at a ratio of 3 shares of common stock for each 1 share. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors) |
| Issued Shares at Period-End | 323,855,394 |
| Treasury Shares at Period-End | 4,324,797 |
| Factors Behind Changes in Business Performance | Gross profit in the LP gas business increased as LP gas sales volume grew, while gross profit in the electricity business contracted substantially due to higher fuel prices and a decline in electricity sales volume resulting from mild weather. |
Items this document does not state (6)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment loss
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.Although LP gas sales volume increased and gross profit rose, gross profit in the electricity business contracted substantially. The reasons cited for the electricity business were a year-on-year surge in fuel prices and a decline in electricity sales volume amid mild weather.
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.