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 Millions of yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Lower sales volume and higher personnel expenses and other costs. For ordinary income, lower production value, including volume and prices, higher fixed costs and inventory valuation losses were factors reducing earnings, while higher interest and dividend income and foreign exchange gains and losses were factors increasing earnings.
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 | 43,288 Millions of yen (YoY -6.2%) |
| Operating profit | 4,378 Millions of yen (YoY -18.9%) |
| Ordinary income | 4,879 Millions of yen (YoY -14.7%) |
| Profit attributable to owners of the parent | 3,358 Millions of yen (YoY -18.6%) |
| Net income per share | ¥88.37 |
| Operating Margin | 10.1% |
| Equity ratio | End of the current fiscal period 80.5% / End of previous period 79.5% |
| Total assets | 72,659 Millions of yen |
| Net assets | 58,554 Millions of yen |
| Cash flows from operating activities | 5,062 Millions of yen |
| Cash flows from investing activities | -3,494 Millions of yen |
| Cash flows from financing activities | -1,638 Millions of yen |
| Cash and cash equivalents at end of period | 15,876 Millions of yen |
| Full-year earnings forecast | Net Sales 44,300 Millions of yen (YoY +2.3%) / Operating profit 4,100 Millions of yen (YoY -6.4%) / Ordinary income 4,600 Millions of yen (YoY -5.7%) / Net income 3,200 Millions of yen (YoY -4.7%) |
| Annual Dividend Forecast | ¥36 → ¥34 |
| Payout ratio | 40.7% |
| Segment revenue | Japan 41,483 Millions of yen (YoY -5.8%), Indonesia 1,804 Millions of yen (YoY -14.0%) |
| Segment profit | Japan 4,349 Millions of yen (YoY -18.5%), Indonesia 28 Millions of yen (YoY -50.0%) |
| Regional sales | 41,483 Millions of yen (YoY -5.8%), 1,804 Millions of yen (YoY -14.0%) |
| Depreciation and amortization | 1,176 Millions of yen |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities 0 Millions of yen / Extraordinary loss Loss on sale of fixed assets 0 Millions of yen, Loss on Disposal of Fixed Assets 7 Millions of yen |
| 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 | Cover page No / New Not disclosed / Excluded Not disclosed / Company name Not disclosed |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | No (no eligible attendees) |
| Issued Shares at Period-End | 38,831,900 Shares |
| Treasury Shares at Period-End | 855,665 Shares |
| Factors Behind Changes in Business Performance | Lower sales volume and higher personnel expenses and other costs. For ordinary income, lower production value, including volume and prices, higher fixed costs and inventory valuation losses were factors reducing earnings, while higher interest and dividend income and foreign exchange gains and losses were factors increasing earnings. |
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.Revenue declined due to lower sales volume, while operating income declined due to higher personnel expenses and other costs. The stainless steel industry was also affected by weak demand stemming from labor shortages in the construction industry and deteriorating market conditions caused by an inflow of low-priced imported materials.