Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPThe 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.
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.
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.
Net sales and operating income increased due to improvements in the employment and income environment, the establishment of a sales base for high-value-added products, greater logistics efficiency through the reorganization of the delivery network, expanded sales in line with market needs, and inventory preparation aligned with demand for housing equipment and other products. On the other hand, net income declined due to the ¥134 million impairment loss at the Kakogawa Sales Office.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥37,323 million (YoY +2.1%) |
| Operating profit | ¥823 million (YoY +8.5%) |
| Ordinary income | ¥786 million (YoY +5.5%) |
| Profit attributable to owners of the parent | ¥364 million (YoY -25.0%) |
| Net income per share | ¥93.71 |
| Operating Margin | 2.2％ |
| Equity ratio | End of the current fiscal period 30.4％ / End of previous period 30.7％ |
| Total assets | ¥18,311 million |
| Net assets | ¥5,569 million |
| Cash flows from operating activities | ¥1,043 million |
| Cash flows from investing activities | ¥-97 million |
| Cash flows from financing activities | ¥-629 million |
| Cash and cash equivalents at end of period | ¥1,733 million |
| Full-year earnings forecast | Net Sales To be determined / Operating profit To be determined / Ordinary income To be determined / Net income To be determined |
| Annual Dividend Forecast | ¥40 → To be determined（To be determined） |
| Payout ratio | 42.7％ |
| Segment revenue | Plumbing and piping equipment ¥36,933 million (YoY +2.3%), Construction-related ¥110 million (YoY -7.6%), Logistics ¥278 million (YoY -18.2%) |
| Segment profit | Plumbing and piping equipment ¥696 million (YoY +11.0%), Construction-related ¥-9 million, Logistics ¥136 million (YoY -3.7%) |
| Depreciation and amortization | ¥123,453 thousand |
| Impairment loss | ¥134,146 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Impairment Losses ¥134,146 thousand |
| 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 | New 0 / Excluded 0 / Company name None |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 3,969,000 Shares |
| Treasury Shares at Period-End | 71,880 Shares |
| Factors Behind Changes in Business Performance | Net sales and operating income increased due to improvements in the employment and income environment, the establishment of a sales base for high-value-added products, greater logistics efficiency through the reorganization of the delivery network, expanded sales in line with market needs, and inventory preparation aligned with demand for housing equipment and other products. On the other hand, net income declined due to the ¥134 million impairment loss at the Kakogawa Sales Office. |
Items this document does not state (4)
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 decline in net income attributable to owners of the parent was attributed to the recognition of a ¥134 million impairment loss at the Kakogawa Sales Office, among other factors. The Company cited a surge in crude oil prices amid tensions in the Middle East, restrictions on orders for materials and supply instability, and the difficulty of reasonably estimating demand trends as reasons for leaving the earnings forecast and dividend forecast for the next fiscal year undetermined.