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.
Sales of rebar tying machines and consumables increased due to rising demand for mechanization in Europe and the United States and promotional activities, while sales of bathroom heating, ventilation and drying systems for replacement demand also increased. In contrast, office equipment sales declined due to weak market conditions and stagnant orders resulting from U.S. tariff measures and other factors, while HCR equipment sales declined due to lower sales to China's rental market and defects in new products in Japan.
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 | ¥99,607 million (YoY +8.5%) |
| Operating profit | ¥17,571 million (YoY +21.4%) |
| Ordinary income | ¥18,382 million (YoY +24.1%) |
| Profit attributable to owners of the parent | ¥13,891 million (YoY +23.8%) |
| Net income per share | ¥76.55 |
| Operating Margin | 17.6 |
| Equity ratio | End of the current fiscal period 83.6 / End of previous period 83.7 |
| Total assets | ¥137,929 million |
| Net assets | ¥115,465 million |
| Cash flows from operating activities | ¥14,799 million |
| Cash flows from investing activities | ¥-3,406 million |
| Cash flows from financing activities | ¥-11,161 million |
| Cash and cash equivalents at end of period | ¥36,270 million |
| Full-year earnings forecast | Net Sales ¥105,500 million (YoY +5.9%) / Operating profit ¥18,800 million (YoY +7.0%) / Ordinary income ¥19,100 million (YoY +3.9%) / Profit attributable to owners of the parent ¥14,200 million (YoY +2.2%) |
| Annual Dividend Forecast | ¥148 → ¥40 |
| Payout ratio | 48.3 |
| Shareholder Return Policy | Based on consolidated results, the company targets a dividend-on-equity ratio of 6.0% and a dividend payout ratio of 50% (the dividend-on-equity ratio before the change was 5.0%). |
| Segment revenue | Office Equipment ¥21,438 million (YoY -2.0%), Industrial equipment ¥75,156 million (YoY +12.7%), HCR Equipment ¥3,012 million (YoY -7.4%) |
| Segment profit | Office Equipment ¥3,587 million (YoY -19.9%), Industrial equipment ¥18,955 million (YoY +29.9%), HCR Equipment ¥-42 million |
| Depreciation and amortization | ¥3,422 million |
| Impairment loss | ¥0 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥95 million, Gain on sale of investment securities ¥145 million / Extraordinary loss Loss on sale of fixed assets ¥1 million, Loss on disposal of fixed assets ¥36 million, Impairment Loss on Investment Securities ¥42 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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | A stock split of the company's common stock at a ratio of 4-for-1, effective 1 April 2026, and an amendment to the articles of incorporation in connection with the stock split. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for securities analysts and fund managers) |
| Issued Shares at Period-End | 186,149,704 |
| Treasury Shares at Period-End | 6,334,356 |
| Factors Behind Changes in Business Performance | Sales of rebar tying machines and consumables increased due to rising demand for mechanization in Europe and the United States and promotional activities, while sales of bathroom heating, ventilation and drying systems for replacement demand also increased. In contrast, office equipment sales declined due to weak market conditions and stagnant orders resulting from U.S. tariff measures and other factors, while HCR equipment sales declined due to lower sales to China's rental market and defects in new products in Japan. |
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 stronger demand for mechanization of rebar tying in Europe and the United States, higher sales driven by promotions, and increased replacement demand for bathroom heating, ventilation and drying systems as factors behind the increase in sales. For office equipment, it cited weak market conditions and stagnant orders due to U.S. tariff measures and other factors. For HCR equipment, it cited lower sales to China's rental market and defects in new products in Japan.