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.
The Refractories and Ceramics Business reported increases in both net sales and profit as a result of strengthened sales efforts, the development of new customers, productivity improvements and price pass-through for higher raw material and fuel costs. The Plant Business reported higher sales as the construction division remained solid, but profit declined because of higher costs, including labor costs. The Building Materials and Paving Materials Business reported lower sales because of a temporary decline in demand related to the Expo, but worked to implement price revisions and reduce costs. The Real Estate Leasing Business contributed stable earnings, partly as a result of higher rents.
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 | ¥16,154 million (YoY +7.3%) |
| Operating profit | ¥1,600 million (YoY +1.5%) |
| Ordinary income | ¥1,689 million (YoY +0.5%) |
| Profit attributable to owners of the parent | ¥1,250 million (YoY +2.7%) |
| Net income per share | ¥121.90 |
| Operating Margin | 9.9% |
| Equity ratio | End of the current fiscal period 70.8% / End of previous period 68.0% |
| Total assets | ¥22,282 million |
| Net assets | ¥15,771 million |
| Cash flows from operating activities | ¥2,186 million |
| Cash flows from investing activities | ¥-979 million |
| Cash flows from financing activities | ¥-483 million |
| Cash and cash equivalents at end of period | ¥4,877 million |
| Full-year earnings forecast | Net Sales ¥16,500 million (YoY +2.1%) / Operating profit ¥1,900 million (YoY +18.7%) / Ordinary income ¥2,000 million (YoY +18.4%) / Net income ¥1,400 million (YoY +11.9%) |
| Annual Dividend Forecast | ¥42 → ¥52（+23.8%） |
| Payout ratio | 34.5% actual for the current fiscal year, 38.1% forecast for the next fiscal year |
| Shareholder Return Policy | The company aims for a dividend payout ratio of approximately 40% in the final year of its medium-term management plan, the fiscal year ending March 2028. |
| Segment revenue | Refractories and Ceramics Business ¥6,992 million (YoY +11.6%), Plant business ¥6,430 million (YoY +12.9%), Building Materials and Paving Materials Business ¥2,263 million (YoY -11.4%), Real Estate Leasing ¥395 million (YoY -0.3%) |
| Segment profit | Refractories and Ceramics Business ¥422 million (YoY +23.0%), Plant business ¥732 million (YoY -11.2%), Building Materials and Paving Materials Business ¥211 million (YoY -1.4%), Real Estate Leasing ¥195 million (YoY +0.3%) |
| Depreciation and amortization | ¥486 million |
| Impairment loss | ¥163.824 million impairment loss on property, plant and equipment in the Refractories and Ceramics Business |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥5,601 thousand, Gain on sale of investment securities ¥183,467 thousand / Extraordinary loss Loss on sale of fixed assets ¥3,334 thousand, Loss on sale of investment securities ¥4,102 thousand, Impairment Losses ¥163,824 thousand |
| 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 | No material changes to the scope of consolidation during the period. Number and names of companies newly consolidated or excluded: Not disclosed |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | None (対象者：Not disclosed) |
| Issued Shares at Period-End | 12,909,828 shares |
| Treasury Shares at Period-End | 2,647,504 shares |
| Factors Behind Changes in Business Performance | The Refractories and Ceramics Business reported increases in both net sales and profit as a result of strengthened sales efforts, the development of new customers, productivity improvements and price pass-through for higher raw material and fuel costs. The Plant Business reported higher sales as the construction division remained solid, but profit declined because of higher costs, including labor costs. The Building Materials and Paving Materials Business reported lower sales because of a temporary decline in demand related to the Expo, but worked to implement price revisions and reduce costs. The Real Estate Leasing Business contributed stable earnings, partly as a result of higher rents. |
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.In the Refractories and Ceramics Business, the company strengthened sales to existing customers, developed new customers, improved productivity and passed on higher raw material and fuel costs through price increases. In the Plant Business, the construction division remained solid, but profit declined because the increase in costs, including labor costs, could not be fully absorbed.