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. 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.
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.
Revenue benefited from the launch of the “Roihi Tsuboko TM Coin Plaster” in South Korea and price revisions for “Tabanera TM Tape.” Operating profit declined due to lower sales of high-gross-margin products and higher cost of sales in the tape business resulting from soaring raw material costs and other factors. Net income attributable to owners of the parent declined due in part to the recognition of ¥133 million in head office and Tokyo office relocation expenses and ¥183 million in plant restructuring expenses related to the removal of equipment at the Anjo plant.
No applicable matters.
| 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 | ¥50,470 million (YoY +2.0%) |
| Operating profit | ¥2,270 million (YoY -12.2%) |
| Ordinary income | ¥2,442 million (YoY -8.9%) |
| Profit attributable to owners of the parent | ¥1,652 million (YoY -15.7%) |
| Net income per share | ¥81.22 |
| Operating Margin | 4.5% |
| Equity ratio | End of the current fiscal period 65.9% / End of previous period 63.9% |
| Total assets | ¥67,307 million |
| Net assets | ¥44,325 million |
| Cash flows from operating activities | ¥2,540 million |
| Cash flows from investing activities | ¥-2,238 million |
| Cash flows from financing activities | ¥-1,114 million |
| Cash and cash equivalents at end of period | ¥13,512 million |
| Full-year earnings forecast | Net Sales ¥52,000 million (YoY +3.0%) / Operating profit ¥3,600 million (YoY +58.5%) / Ordinary income ¥3,700 million (YoY +51.5%) / Net income ¥2,300 million (YoY +39.2%) |
| Annual Dividend Forecast | ¥40 per share → ¥40 per share（0.0%） |
| Payout ratio | 49.3% |
| Shareholder Return Policy | Performance-linked dividends based on a consolidated payout ratio target of 30%–40% |
| Segment revenue | Medical Business ¥24,936 million (YoY +1.4%), Tape business ¥25,534 million (YoY +2.7%) |
| Segment profit | Medical Business ¥6,325 million (YoY -4.4%), Tape business ¥828 million (YoY +17.2%) |
| Regional sales | ¥45,454 million, ¥3,317 million, ¥1,384 million, ¥314 million |
| Depreciation and amortization | ¥2,843 million |
| Impairment loss | － |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Head office relocation costs ¥133 million, Factory reorganization costs ¥183 million |
| Disclosure regarding the going concern assumption | No applicable matters. |
| 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 companies / Excluded 0 companies / Company name Not disclosed |
| Material subsequent events | At a meeting of the Board of Directors held on 10 April 2026, the Company resolved to remove production equipment at the Saitama and Anjo plants. The Company expects to record ¥510 million in removal-related expenses as an extraordinary loss in the fiscal year ending March 2027, and plans to continue the removal work in the fiscal years ending March 2028 and March 2029. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors) |
| Issued Shares at Period-End | 20,738,006 Shares |
| Treasury Shares at Period-End | 557,097 Shares |
| Factors Behind Changes in Business Performance | Revenue benefited from the launch of the “Roihi Tsuboko TM Coin Plaster” in South Korea and price revisions for “Tabanera TM Tape.” Operating profit declined due to lower sales of high-gross-margin products and higher cost of sales in the tape business resulting from soaring raw material costs and other factors. Net income attributable to owners of the parent declined due in part to the recognition of ¥133 million in head office and Tokyo office relocation expenses and ¥183 million in plant restructuring expenses related to the removal of equipment at the Anjo plant. |
Items this document does not state (2)
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.Revenue benefited from the launch of the “Roihi Tsuboko TM Coin Plaster” in South Korea and price revisions for “Tabanera TM Tape.” Operating profit declined due to lower sales of high-gross-margin products in the healthcare field and higher cost of sales in the tape business resulting from soaring raw material costs and other factors.