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.
Domestic belts benefited from increased demand for agricultural machinery and robotics applications and higher sales of resin conveyor belts for the logistics industry, despite lower sales of genuine replacement parts for automobile components. Overseas belts benefited from products supporting vehicle electrification, replacement parts for motorcycles, new product launches, new customer acquisition and inventory adjustments in Southeast Asia. Construction materials revenue declined due to labor shortages at construction sites and a decrease in large-scale construction projects. Other businesses benefited from the development of new applications and acquisition of new customers for conductive paste materials.
No applicable matters. The filing states, "There are 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 | ¥92,298 million (YoY +2.0%) |
| Operating profit | ¥8,678 million (YoY -2.8%) |
| Ordinary income | ¥10,178 million (YoY +11.2%) |
| Profit attributable to owners of the parent | ¥7,392 million (YoY -18.4%) |
| Net income per share | ¥263.35 |
| Operating Margin | 9.4％ |
| Equity ratio | End of the current fiscal period 78.2 / End of previous period 74.7 |
| Total assets | ¥129,884 million |
| Net assets | ¥101,619 million |
| Cash flows from operating activities | ¥10,310 million |
| Cash flows from investing activities | ¥-7,048 million |
| Cash flows from financing activities | ¥-9,363 million |
| Cash and cash equivalents at end of period | ¥25,844 million |
| Full-year earnings forecast | Net Sales ¥95,000 million (YoY +2.9%) / Operating profit ¥8,800 million (YoY +1.4%) / Ordinary income ¥8,700 million (YoY -14.5%) / Net income ¥9,000 million (YoY +21.8%) |
| Annual Dividend Forecast | ¥191 → ¥191（0.0%） |
| Payout ratio | Fiscal year ending March 2026 72.5 / Forecast for the fiscal year ending March 2027 59.2 |
| Segment revenue | Domestic belt business ¥28,975 million (YoY +3.0%), Overseas belt business ¥50,787 million (YoY +4.5%), Construction materials ¥6,769 million (YoY -16.4%), Other (outside reportable segments) ¥5,765 million (YoY +1.6%) |
| Segment profit | Domestic belt business ¥7,338 million (YoY -8.8%), Overseas belt business ¥4,474 million (YoY +36.2%), Construction materials ¥88 million (YoY -87.4%), Other (outside reportable segments) ¥364 million (YoY +27.9%) |
| Depreciation and amortization | ¥4,602 million |
| Impairment loss | ¥932 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities ¥1,203 million / Extraordinary loss Impairment Losses ¥932 million, Business structure improvement costs ¥61 million |
| Disclosure regarding the going concern assumption | No applicable matters. The filing states, "There are 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 / Excluded 0 / Company name No |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for analysts) |
| Issued Shares at Period-End | 31,104,198 |
| Treasury Shares at Period-End | 3,192,592 |
| Factors Behind Changes in Business Performance | Domestic belts benefited from increased demand for agricultural machinery and robotics applications and higher sales of resin conveyor belts for the logistics industry, despite lower sales of genuine replacement parts for automobile components. Overseas belts benefited from products supporting vehicle electrification, replacement parts for motorcycles, new product launches, new customer acquisition and inventory adjustments in Southeast Asia. Construction materials revenue declined due to labor shortages at construction sites and a decrease in large-scale construction projects. Other businesses benefited from the development of new applications and acquisition of new customers for conductive paste materials. |
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 company explained that uncertainty increased due to international conditions, U.S. trade policy and the downturn in the Chinese economy. By business, domestic belts benefited from a recovery in demand for agricultural machinery and robotics applications and increased sales of resin conveyor belts for the logistics industry, while profit declined because of lower sales of genuine replacement parts for automobiles. Overseas belts benefited from products supporting vehicle electrification, replacement parts for motorcycles, new product launches, new customer acquisition and inventory adjustments in Southeast Asia. Construction materials revenue declined due to labor shortages at construction sites and a decrease in large-scale construction projects.