Results for this period
Full year1 April 2025–31 March 2026Non-consolidated (standalone)Japanese 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.
Revenue and profit increased due to higher sales of core products and parts, stable chassis deliveries and production in line with the plan, and the waning impact of soaring material costs. For the next fiscal year, the Company expects lower revenue and profit due to delays in deliveries resulting from the chassis model change, soaring material costs and uncertainty over material procurement.
Not applicable (no matters to report in the notes on the going concern assumption)
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥14,097 million (YoY +6.0%) |
| Operating profit | ¥1,341 million (YoY +40.6%) |
| Ordinary income | ¥1,356 million (YoY +39.4%) |
| Profit attributable to owners of the parent | ¥1,041 million (YoY +48.6%) |
| Net income per share | ¥212.75 |
| Operating Margin | 9.5 |
| Equity ratio | End of the current fiscal period 62.9 / End of previous period 59.1 |
| Total assets | ¥12,663 million |
| Net assets | ¥7,959 million |
| Cash flows from operating activities | ¥802 million |
| Cash flows from investing activities | ¥-152 million |
| Cash flows from financing activities | ¥-94 million |
| Cash and cash equivalents at end of period | ¥1,729 million |
| Full-year earnings forecast | Net Sales ¥13,000 million (YoY -7.8%) / Operating profit ¥940 million (YoY -29.9%) / Ordinary income ¥950 million (YoY -29.9%) / Net income ¥655 million (YoY -37.1%) |
| Annual Dividend Forecast | ¥50 per share → ¥45 per share（-10.0%） |
| Payout ratio | 34.8% for the fiscal year ended March 2026; forecast of 33.7% for the fiscal year ending March 2027 |
| Shareholder Return Policy | The Company will continue to pay a regular dividend of ¥12 per share, with a target payout ratio of 35% depending on its earnings performance. |
| Orders received and order backlog | Orders received ¥14,323,916 thousand / Order backlog ¥11,735,727 thousand |
| Depreciation and amortization | ¥390,142 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥1,772 thousand, Subsidy Income ¥27,461 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥23 thousand |
| Disclosure regarding the going concern assumption | Not applicable (no matters to report in the notes on the going concern assumption) |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 5,564,000 |
| Treasury Shares at Period-End | 667,075 |
| Factors Behind Changes in Business Performance | Revenue and profit increased due to higher sales of core products and parts, stable chassis deliveries and production in line with the plan, and the waning impact of soaring material costs. For the next fiscal year, the Company expects lower revenue and profit due to delays in deliveries resulting from the chassis model change, soaring material costs and uncertainty over material procurement. |
Items this document does not state (6)
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.For the fiscal year ended March 2026, revenue and profit increased due to higher sales of core products and parts, production in line with the plan as chassis deliveries stabilized, and the waning impact of soaring material costs. For the fiscal year ending March 2027, the Company cites delays in the delivery of certain chassis associated with the chassis model change, soaring material costs and uncertainty over material procurement as factors behind the expected decreases in revenue and profit.