Worth reading
36Immaterial
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
12
% (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 March 2026 to 31 August 2026ConsolidatedJapanese GAAPNet Sales37,492¥ millionYear on year +3.8%Progress 50.5%
Operating profit8,345¥ millionYear on year +12.0%Progress 49.7%
Ordinary income8,657¥ millionYear on year +13.4%Progress 50.9%
Net income attributable to owners of the parent5,805¥ millionYear on year +23.1%
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¥122.77
Financial position at period-end
Total assets109,332¥ million
of which net assets 87,803 ¥ millionEquity ratio 78.7%vs. prior year-end +1.0pt
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.
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥74,200 million (YoY +3.2%)
Operating profit¥16,800 million (YoY +15.1%)
Ordinary income¥17,000 million (YoY +14.2%)
Profit attributable to owners of the parent¥11,200 million (YoY +22.3%)
Annual Dividend Forecast¥76 → ¥86（+13.2%）
Factors Behind Changes in Business Performance
Despite increases in raw material costs and SG&A expenses, the company actively secured waste liquids used as raw materials for recycled fuel. Large-scale factory projects in the Kanto and Chubu regions and the effects of price revisions contributed, while some cleaning projects were pushed back to the second half.
Disclosure regarding the going concern assumption
Not applicable.
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 consolidationAdded 0 companies; removed 0 companies.
Material subsequent eventsDaiseki Environment Solution, a consolidated subsidiary, was selected for the fifth call for applications for the Ministry of Economy, Trade and Industry’s large-scale growth investment subsidies for labor-saving and other initiatives, and a subsidy payment of ¥2,918 million was approved. Extraordinary income and extraordinary loss are scheduled to be recorded in the fiscal year ending February 2030, although the approved amount may change following screening and other procedures.
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on sale of non-current assets / Amount ¥27 million / Extraordinary loss Item Loss on sale of fixed assets / Amount ¥0 million, Item Loss on Disposal of Fixed Assets / Amount ¥91 million, Item Loss on reduction of fixed assets / Amount ¥53 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for analysts and institutional investors)
Issued Shares at Period-End48,000,000
Treasury Shares at Period-End706,634
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 March 2026 to 31 August 2026 |
| Net Sales | ¥37,492 million (YoY +3.8%) |
| Operating profit | ¥8,345 million (YoY +12.0%) |
| Ordinary income | ¥8,657 million (YoY +13.4%) |
| Profit attributable to owners of the parent | ¥5,805 million (YoY +23.1%) |
| Net income per share | ¥122.77 |
| Equity ratio | End of the current fiscal period 78.7 / End of previous period 77.7 |
| Total assets | ¥109,332 million |
| Net assets | ¥87,803 million |
| Full-year earnings forecast | Net Sales ¥74,200 million (YoY +3.2%) / Operating profit ¥16,800 million (YoY +15.1%) / Ordinary income ¥17,000 million (YoY +14.2%) / Profit attributable to owners of the parent ¥11,200 million (YoY +22.3%) |
| Annual Dividend Forecast | ¥76 → ¥86（+13.2%） |
| Breakdown of extraordinary income (loss) | Extraordinary income Item Gain on sale of non-current assets / Amount ¥27 million / Extraordinary loss Item Loss on sale of fixed assets / Amount ¥0 million, Item Loss on Disposal of Fixed Assets / Amount ¥91 million, Item Loss on reduction of fixed assets / Amount ¥53 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| 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 | Added 0 companies; removed 0 companies. |
| Material subsequent events | Daiseki Environment Solution, a consolidated subsidiary, was selected for the fifth call for applications for the Ministry of Economy, Trade and Industry’s large-scale growth investment subsidies for labor-saving and other initiatives, and a subsidy payment of ¥2,918 million was approved. Extraordinary income and extraordinary loss are scheduled to be recorded in the fiscal year ending February 2030, although the approved amount may change following screening and other procedures. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for analysts and institutional investors) |
| Issued Shares at Period-End | 48,000,000 |
| Treasury Shares at Period-End | 706,634 |
| Factors Behind Changes in Business Performance | Despite increases in raw material costs and SG&A expenses, the company actively secured waste liquids used as raw materials for recycled fuel. Large-scale factory projects in the Kanto and Chubu regions and the effects of price revisions contributed, while some cleaning projects were pushed back to the second half. |
Items this document does not state (14)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogDepreciation and amortizationImpairment 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.In the core industrial waste treatment business, the company actively secured waste liquids used as raw materials for recycled fuel, despite increases in raw material costs and SG&A expenses. In the soil contamination treatment-related business, large-scale factory projects contributed, while the lead recycling business benefited from price revisions. In the large-tank and other cleaning business, some projects were pushed back to the second half.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.