Results for this period
Full year1 March 2025–28 February 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.
In the marine business, results benefited from demand for alternative-fuel vessels, high order backlogs at shipbuilders, sales for new vessels, replacement demand and maintenance services for existing vessels, and increased sales of strategic products. In the industrial business, overseas sales of time-synchronization products and production output of defense equipment increased. In the wireless LAN and handheld terminal business, sales of wireless LAN access points declined due to sluggish demand in the education market.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 March 2025–28 February 2026 |
| Net Sales | ¥140,616 million (YoY +10.8%) |
| Operating profit | ¥16,246 million (YoY +23.3%) |
| Ordinary income | ¥18,291 million (YoY +29.2%) |
| Profit attributable to owners of the parent | ¥16,735 million (YoY +46.1%) |
| Net income per share | ¥529.53 |
| Operating Margin | 11.6% |
| Equity ratio | End of the current fiscal period 63.2% / End of previous period 58.4% |
| Total assets | ¥141,364 million |
| Net assets | ¥89,772 million |
| Cash flows from operating activities | ¥21,373 million |
| Cash flows from investing activities | ¥-3,278 million |
| Cash flows from financing activities | ¥-11,439 million |
| Cash and cash equivalents at end of period | ¥23,544 million |
| Full-year earnings forecast | Net Sales ¥148,500 million (YoY +5.6%) / Operating profit ¥17,000 million (YoY +4.6%) / Ordinary income ¥17,000 million (YoY -7.1%) / Net income ¥13,000 million (YoY -22.3%) |
| Annual Dividend Forecast | ¥160 per share → ¥160 per share（0.0%） |
| Payout ratio | 30.2% |
| Shareholder Return Policy | Targeting a dividend payout ratio of at least 30% and a total payout ratio of approximately 40% |
| Segment revenue | Marine Business ¥121,147 million (YoY +11.5%), Industrial Business ¥15,821 million (YoY +11.3%), Wireless LAN and Handheld Terminal Business ¥3,305 million (YoY -10.5%), Other ¥341 million (YoY -6.4%) |
| Segment profit | Marine Business ¥16,763 million (YoY +25.7%), Industrial Business ¥782 million (YoY +57.8%), Wireless LAN and Handheld Terminal Business ¥132 million (YoY -33.2%), Other ¥-114 million |
| Regional sales | ¥40,553 million, ¥15,543 million, ¥40,094 million, ¥37,086 million, ¥7,339 million |
| Depreciation and amortization | ¥3,920 million |
| Impairment loss | ¥65 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities ¥1 million, Gain on sale of non-current assets ¥34 million, Gain on step acquisition ¥71 million, Gain on negative goodwill ¥30 million / Extraordinary loss Impairment Losses ¥65 million, Other ¥0 million |
| Disclosure regarding the going concern assumption | No applicable matters. |
| Change in accounting policy | Changes due to revisions to standards Yes / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | No material changes |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Institutional investors |
| Issued Shares at Period-End | 31,894,554 |
| Treasury Shares at Period-End | 285,730 |
| Factors Behind Changes in Business Performance | In the marine business, results benefited from demand for alternative-fuel vessels, high order backlogs at shipbuilders, sales for new vessels, replacement demand and maintenance services for existing vessels, and increased sales of strategic products. In the industrial business, overseas sales of time-synchronization products and production output of defense equipment increased. In the wireless LAN and handheld terminal business, sales of wireless LAN access points declined due to sluggish demand in the education market. |
Items this document does not state (2)
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 marine business, sales for new vessels, replacement demand for existing vessels and maintenance services increased, against a backdrop of high order backlogs at shipbuilders driven by demand for alternative-fuel vessels. In the industrial business, overseas sales of time-synchronization products and production output of defense equipment increased. In the wireless LAN and handheld terminal business, sales of wireless LAN access points declined due to sluggish demand in the education market.