Figures of less than one million yen are rounded down to the nearest decimal.

Consolidated Basis

Net SalesOperating Income
Ordinary IncomeNet Income

(Millions of yen)
  First Half Second Half Fiscal Year
2017 2018 2017 2018 2016 2017 2018
Result Forecasted Result Forecasted Result Result Forecasted
Net Sales 59,592 66,000 64,974 66,000 114,101 124,566 132,000
Operating Income 4,314 5,500 5,802 5,700 8,929 10,117 11,200
Ordinary Income 4,057 5,400 5,675 5,500 8,799 9,733 10,900
Net Income attributable to owners of parent 2,641 3,500 3,876 3,600 5,400 6,518 7,100

Net Sales by Segment

Valve Manufacturing BusinessBrass Bar Manufacturing BusinessOther

(Millions of yen)
  First Half Second Half Fiscal Year
2017 2018 2017 2018 2016 2017 2018
Result Forecasted Result Forecasted Result Result Forecasted
Valve Manufacturing Business 46,951 52,600 51,211 52,400 91,766 98,162 105,000
Brass Bar Manufacturing Business 11,046 11,700 12,489 12,300 19,333 23,535 24,000
Other 1,594 1,700 1,273 1,300 3,002 2,867 3,000
Total 59,592 66,000 64,974 66,000 114,101 124,566 132,000

Operating Income by Segment

Valve Manufacturing BusinessBrass Bar Manufacturing BusinessOther

(Millions of yen)
  First Half Second Half Fiscal Year
2017 2018 2017 2018 2016 2017 2018
Result Forecasted Result Forecasted Result Result Forecasted
Valve Manufacturing Business 5,606 6,700 7,191 7,200 11,444 12,798 13,900
Brass Bar Manufacturing Business 342 330 356 320 831 699 650
Other 56 80 (84) (30) 59 (28) 50
Eliminations or Corporate Assets (1,690) (1,610) (1,661) (1,790) (3,405) (3,351) (3,400)
Total 4,314 5,500 5,802 5,700 8,929 10,117 11,200


Current Management Plan