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.
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.
Orders for ductile iron pipes for water supply, particularly small-diameter sizes, and the volume of gas pipeline construction declined. Although component procurement costs, material costs and labor expenses increased, operating profit was secured through passing higher costs on to selling prices, cost reductions and expanded sales of high-value-added products. Ordinary profit declined due to higher interest expenses, while net profit improved as a result of extraordinary gains and losses, including settlement proceeds received.
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 | ¥15,942 million (YoY -5.8%) |
| Operating profit | ¥258 million (YoY -1.0%) |
| Ordinary income | ¥215 million (YoY -19.4%) |
| Profit attributable to owners of the parent | ¥91 million |
| Net income per share | ¥28.39 |
| Operating Margin | 1.6％ |
| Equity ratio | End of the current fiscal period 38.6％ / End of previous period 41.8％ |
| Total assets | ¥25,626 million |
| Net assets | ¥10,265 million |
| Cash flows from operating activities | ¥297 million |
| Cash flows from investing activities | ¥-3,189 million |
| Cash flows from financing activities | ¥3,865 million |
| Cash and cash equivalents at end of period | ¥3,881 million |
| Full-year earnings forecast | Net Sales To be determined / Operating profit To be determined / Ordinary income To be determined / Net income To be determined |
| Annual Dividend Forecast | ¥25 → To be determined |
| Payout ratio | 88.1％ |
| Segment revenue | Segment Ductile iron-related / Net Sales ¥13,955 million / Year on year against the same period last year Not disclosed, Segment Resin pipes and gas-related businesses / Net Sales ¥1,987 million / Year on year against the same period last year Not disclosed |
| Segment profit | Segment Ductile iron-related / Segment profit ¥87 million / Year on year against the same period last year Not disclosed, Segment Resin pipes and gas-related businesses / Segment profit ¥168 million / Year on year against the same period last year Not disclosed |
| Depreciation and amortization | ¥727 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Item Gain on sale of non-current assets / Amount ¥1 million, Item Settlement proceeds received / Amount ¥165 million, Item Gain on sale of golf club memberships / Amount ¥3 million / Extraordinary loss Item Loss on Disposal of Fixed Assets / Amount ¥73 million |
| 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 | New Not disclosed / Excluded Not disclosed / Material changes No |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 3,293,074 Shares |
| Treasury Shares at Period-End | 80,064 Shares |
| Factors Behind Changes in Business Performance | Orders for ductile iron pipes for water supply, particularly small-diameter sizes, and the volume of gas pipeline construction declined. Although component procurement costs, material costs and labor expenses increased, operating profit was secured through passing higher costs on to selling prices, cost reductions and expanded sales of high-value-added products. Ordinary profit declined due to higher interest expenses, while net profit improved as a result of extraordinary gains and losses, including settlement proceeds received. |
Items this document does not state (5)
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.Orders for ductile iron pipes for water supply, particularly small-diameter sizes, and the volume of gas pipeline construction declined. Increases in component procurement costs, material costs and labor expenses also pressured earnings. However, operating profit was secured through passing higher costs on to selling prices, cost reductions and expanded sales of high-value-added products. Ordinary profit declined due to higher interest expenses, while net profit improved as a result of extraordinary gains and losses, including ¥165 million in settlement proceeds received.