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.
National demand for concrete piles was broadly flat year on year, but the Foundation Business reported lower sales due to difficulties in winning large projects and delays in the timing of projects. In the Concrete Secondary Products Business, pole production and shipments declined, while acceptance inspections for RC segments for the Linear Chuo Shinkansen were delayed in the civil engineering products business.
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 | ¥49,233 million (YoY -6.5%) |
| Operating profit | ¥322 million (YoY -67.4%) |
| Ordinary income | ¥1,283 million (YoY -11.6%) |
| Profit attributable to owners of the parent | ¥684 million |
| Net income per share | ¥12.59 |
| Operating Margin | 0.7％ |
| Equity ratio | End of the current fiscal period 52.1％ / End of previous period 47.9％ |
| Total assets | ¥87,692 million |
| Net assets | ¥48,447 million |
| Cash flows from operating activities | ¥2,511 million |
| Cash flows from investing activities | ¥-1,530 million |
| Cash flows from financing activities | ¥-1,124 million |
| Cash and cash equivalents at end of period | ¥6,899 million |
| Full-year earnings forecast | Net Sales ¥55,000 million (YoY +11.7%) / Operating profit ¥1,900 million (YoY +488.7%) / Ordinary income ¥2,400 million (YoY +87.0%) / Net income ¥1,300 million (YoY +90.1%) |
| Annual Dividend Forecast | ¥8 → ¥10（+25.0%） |
| Payout ratio | 63.5％ |
| Shareholder Return Policy | Dividend payout ratio policy of 40% or more |
| Segment revenue | Foundation business ¥22,013 million (YoY -9.1%), Concrete secondary products business ¥26,906 million (YoY -4.3%), Real estate and solar power generation business ¥313 million (YoY +2.0%) |
| Segment profit | Foundation business ¥-190 million, Concrete secondary products business ¥2,220 million (YoY -5.5%), Real estate and solar power generation business ¥185 million (YoY -2.4%) |
| Depreciation and amortization | ¥1,695 million |
| Impairment loss | ¥20,871 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥8,444 thousand, Gain on sale of investment securities ¥768,807 thousand / Extraordinary loss Loss on sale of fixed assets ¥672 thousand, Loss on Disposal of Fixed Assets ¥19,764 thousand, Loss on sale of investment securities ¥5,287 thousand, Impairment Losses ¥20,871 thousand, Costs related to the restructuring of production sites ¥203,320 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 | 0 additions (company name: —), 0 exclusions (company name: —) |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (participants not specified) |
| Issued Shares at Period-End | 57,777,432 shares |
| Treasury Shares at Period-End | 3,508,769 shares |
| Factors Behind Changes in Business Performance | National demand for concrete piles was broadly flat year on year, but the Foundation Business reported lower sales due to difficulties in winning large projects and delays in the timing of projects. In the Concrete Secondary Products Business, pole production and shipments declined, while acceptance inspections for RC segments for the Linear Chuo Shinkansen were delayed in the civil engineering products business. |
Items this document does not state (3)
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 cited difficulties in winning large concrete pile orders, delays in the timing of projects, deteriorating profitability at a production subsidiary, lower concrete pole production, and delays in the acceptance inspection of RC segments for the Linear Chuo Shinkansen. It also stated that it had begun restructuring its production system, including suspending operations at some plants, consolidating production lines, and shifting to businesses with demand.