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.
Although cost pressures continued due to elevated raw material prices and other factors, operating profit increased as a result of fixed-cost reductions. Net sales increased in the infrastructure sector due to higher sales of coatings for heavy machinery, coatings for factory equipment repairs, and construction revenue from subsidiaries. Automotive coatings also generated higher sales following price revisions, while the industrial and other coatings sectors declined. An impairment loss was recognized due to the loss on disposal arising from the decision to sell employee welfare facilities.
A description of significant events and other matters is included. Although circumstances exist that raise significant doubt about the going-concern assumption, the company has determined that no significant uncertainty exists regarding the going-concern assumption. There are no applicable notes regarding the going-concern assumption.
| 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 | ¥21,481 million (YoY +3.5%) |
| Operating profit | ¥255 million (YoY +10.8%) |
| Ordinary income | ¥393 million (YoY -16.5%) |
| Profit attributable to owners of the parent | ¥-593 million |
| Net income per share | -¥17.44 |
| Operating Margin | 1.2% |
| Equity ratio | End of the current fiscal period 42.0% / End of previous period 42.5% |
| Total assets | ¥31,207 million |
| Net assets | ¥14,229 million |
| Cash flows from operating activities | ¥919 million |
| Cash flows from investing activities | ¥-419 million |
| Cash flows from financing activities | ¥-158 million |
| Cash and cash equivalents at end of period | ¥3,018 million |
| Full-year earnings forecast | Net Sales ¥19,000 million (YoY -11.6%) / Operating profit ¥200 million (YoY -21.7%) / Ordinary income ¥450 million (YoY +14.3%) / Net income ¥200 million |
| Annual Dividend Forecast | ¥0 → ¥0 |
| Depreciation and amortization | ¥561 million |
| Impairment loss | ¥552 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Item Gain on sale of non-current assets / Amount ¥0 million / Extraordinary loss Item Loss on Disposal of Fixed Assets / Amount ¥24 million, Item Impairment Losses / Amount ¥552 million, Item Loss on Liquidation of Affiliates / Amount ¥30 million |
| Disclosure regarding the going concern assumption | A description of significant events and other matters is included. Although circumstances exist that raise significant doubt about the going-concern assumption, the company has determined that no significant uncertainty exists regarding the going-concern assumption. There are no applicable notes regarding the going-concern assumption. |
| 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 | Additions: 0 companies; exclusions: 0 companies. There were no significant changes in the scope of consolidation during the period. |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | None (対象者：Not disclosed) |
| Issued Shares at Period-End | 34,060,000 Shares |
| Treasury Shares at Period-End | 22,904 Shares |
| Factors Behind Changes in Business Performance | Although cost pressures continued due to elevated raw material prices and other factors, operating profit increased as a result of fixed-cost reductions. Net sales increased in the infrastructure sector due to higher sales of coatings for heavy machinery, coatings for factory equipment repairs, and construction revenue from subsidiaries. Automotive coatings also generated higher sales following price revisions, while the industrial and other coatings sectors declined. An impairment loss was recognized due to the loss on disposal arising from the decision to sell employee welfare facilities. |
Items this document does not state (7)
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.Although cost pressures continued due to elevated raw material prices and other factors, operating profit increased as a result of fixed-cost reductions. Net sales increased due to growth in the infrastructure sector and price revisions for automotive coatings, while sales in the industrial and other coatings sectors declined. Net income fell into the red because an impairment loss was recognized following the decision to sell employee welfare facilities, which resulted in a loss on disposal.