Worth reading
54Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
-73.8
Operating profit year-on-year change (%)Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPNet Sales27,448¥ millionYear on year -15.3%Progress 25.6%
Operating profit2,001¥ millionYear on year -73.8%Progress 23.0%
Ordinary income1,830¥ millionYear on year -75.6%Progress 23.5%
Net income attributable to owners of the parent1,177¥ millionYear on year -76.8%Progress 23.5%
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¥25.04
Financial position at period-end
Total assets170,370¥ million
of which net assets 85,313 ¥ millionEquity ratio 48.5%vs. prior year-end +0.1pt
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.
Segment revenueWaste treatment and recycling business ¥7,773 million (YoY -51.8%), Resource recycling business ¥13,370 million (YoY +23.8%), Renewable energy business ¥4,714 million (YoY +35.4%)
Segment profitWaste treatment and recycling business ¥1,051 million (YoY -85.2%), Resource recycling business ¥1,827 million (YoY +168.6%), Renewable energy business ¥-390 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥107,400 million (YoY -9.9%)
Operating profit¥8,700 million (YoY -61.1%)
Ordinary income¥7,800 million (YoY -64.2%)
Net income¥5,000 million (YoY -66.1%)
Revision to Earnings Forecast2Q cumulative Net Sales Not disclosed → ¥53,500 million / Operating profit Not disclosed → ¥3,600 million / Ordinary income Not disclosed → ¥3,300 million / Net income Not disclosed → ¥2,000 million / Full year Net Sales Not disclosed → ¥107,400 million / Operating profit Not disclosed → ¥8,700 million / Ordinary income Not disclosed → ¥7,800 million / Net income Not disclosed → ¥5,000 million
Annual Dividend Forecast¥50 → ¥50（0.0%）
Factors Behind Changes in Business Performance
The factors include the disaster-waste treatment support business arising from the Noto Peninsula Earthquake having largely wound down in the previous fiscal year, resource prices being substantially higher than in the same period of the previous year, higher costs including personnel expenses and depreciation associated with capital expenditures, fewer operating days due to statutory inspections, and an increase in new contract customers.
Disclosure regarding the going concern assumption
No applicable matters.
Change in accounting policy
基準改正に伴う変更 Yes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 0 / Excluded 0 / Company name No applicable matters
Impairment lossNone (material impairment losses)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥46 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥55 million, Provision for disaster loss ¥65 million
Depreciation and amortization¥1,728 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingHeld (対象者：Not disclosed)
Issued Shares at Period-End52,610,712
Treasury Shares at Period-End5,586,389
| 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 | ¥27,448 million (YoY -15.3%) |
| Operating profit | ¥2,001 million (YoY -73.8%) |
| Ordinary income | ¥1,830 million (YoY -75.6%) |
| Profit attributable to owners of the parent | ¥1,177 million (YoY -76.8%) |
| Net income per share | ¥25.04 |
| Equity ratio | End of the current fiscal period 48.5 / End of previous period 48.4 |
| Total assets | ¥170,370 million |
| Net assets | ¥85,313 million |
| Full-year earnings forecast | Net Sales ¥107,400 million (YoY -9.9%) / Operating profit ¥8,700 million (YoY -61.1%) / Ordinary income ¥7,800 million (YoY -64.2%) / Net income ¥5,000 million (YoY -66.1%) |
| Revision to Earnings Forecast | 2Q cumulative Net Sales Not disclosed → ¥53,500 million / Operating profit Not disclosed → ¥3,600 million / Ordinary income Not disclosed → ¥3,300 million / Net income Not disclosed → ¥2,000 million / Full year Net Sales Not disclosed → ¥107,400 million / Operating profit Not disclosed → ¥8,700 million / Ordinary income Not disclosed → ¥7,800 million / Net income Not disclosed → ¥5,000 million |
| Annual Dividend Forecast | ¥50 → ¥50（0.0%） |
| Segment revenue | Waste treatment and recycling business ¥7,773 million (YoY -51.8%), Resource recycling business ¥13,370 million (YoY +23.8%), Renewable energy business ¥4,714 million (YoY +35.4%) |
| Segment profit | Waste treatment and recycling business ¥1,051 million (YoY -85.2%), Resource recycling business ¥1,827 million (YoY +168.6%), Renewable energy business ¥-390 million |
| Depreciation and amortization | ¥1,728 million |
| Impairment loss | None (material impairment losses) |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥46 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥55 million, Provision for disaster loss ¥65 million |
| Disclosure regarding the going concern assumption | No applicable matters. |
| Change in accounting policy | Changes due to revisions to standards Yes / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 / Excluded 0 / Company name No applicable matters |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Held (対象者：Not disclosed) |
| Issued Shares at Period-End | 52,610,712 |
| Treasury Shares at Period-End | 5,586,389 |
| Factors Behind Changes in Business Performance | The factors include the disaster-waste treatment support business arising from the Noto Peninsula Earthquake having largely wound down in the previous fiscal year, resource prices being substantially higher than in the same period of the previous year, higher costs including personnel expenses and depreciation associated with capital expenditures, fewer operating days due to statutory inspections, and an increase in new contract customers. |
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout 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.The factors cited include the disaster-waste treatment support business arising from the 2024 Noto Peninsula Earthquake having largely wound down in the previous fiscal year, higher costs including personnel expenses, selling, general and administrative expenses, and depreciation, and fewer operating days at power plants due to statutory inspections.
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.