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 Result Result Forecasted Result Result Forecasted
Net Sales 59,592 67,781 64,974 64,218 114,101 124,566 132,000
Operating Income 4,314 5,813 5,802 5,386 8,929 10,117 11,200
Ordinary Income 4,057 5,788 5,675 5,111 8,799 9,733 10,900
Net Income attributable to owners of parent 2,641 3,926 3,876 3,173 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 Result Result Forecasted Result Result Forecasted
Valve Manufacturing Business 46,951 53,844 51,211 51,155 91,766 98,162 105,000
Brass Bar Manufacturing Business 11,046 12,237 12,489 11,762 19,333 23,535 24,000
Other 1,594 1,698 1,273 1,301 3,002 2,867 3,000
Total 59,592 67,781 64,974 64,218 114,101 124,566 132,000

Operating Income by Segment

The figures forecasted for FY18 2nd half were announced on October 30, 2018.

Valve Manufacturing BusinessBrass Bar Manufacturing BusinessOther

(Millions of yen)
  First Half Second Half Fiscal Year
2017 2018 2017 2018 2016 2017 2018
Result Result Result Forecasted Result Result Forecasted
Valve Manufacturing Business 5,606 7,306 7,192 6,993 11,444 12,798 14,300
Brass Bar Manufacturing Business 342 191 356 208 831 699 400
Other 56 120 (84) (70) 59 (28) 50
Eliminations or Corporate Assets (1,690) (1,804) (1,661) (1,745) (3,405) (3,351) (3,550)
Total 4,314 5,813 5,802 5,386 8,929 10,117 11,200


Current Management Plan