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.
Revenue increased despite lower sales to major European customers due to uncertainty over EV demand, as sales to major Japanese customers remained strong. The decline in operating profit was attributable to low plant utilization through the first half due to efforts to strengthen the quality control system, preparations for the full-scale launch of the new plant in Thailand, and the restructuring of the production system. Profitability improved in the second half due to an increase in high-value-added products and improvement measures. Net profit increased due to the recognition of ¥1,891 million in gains on sales of investment securities.
None. There are no matters to report under the notes on going-concern assumptions.
| 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 | ¥100,202 million (YoY +4.9%) |
| Operating profit | ¥2,788 million (YoY -26.8%) |
| Ordinary income | ¥4,136 million (YoY -25.3%) |
| Profit attributable to owners of the parent | ¥4,026 million (YoY +6.2%) |
| Net income per share | ¥56.49 |
| Operating Margin | 2.8% |
| Equity ratio | End of the current fiscal period 55.1% / End of previous period 53.3% |
| Total assets | ¥151,522 million |
| Net assets | ¥86,049 million |
| Cash flows from operating activities | ¥7,817 million |
| Cash flows from investing activities | ¥-6,878 million |
| Cash flows from financing activities | ¥-4,097 million |
| Cash and cash equivalents at end of period | ¥19,410 million |
| Full-year earnings forecast | Net Sales ¥104,000 million (YoY +3.8%) / Operating profit ¥3,200 million (YoY +14.8%) / Ordinary income ¥3,800 million (YoY -8.1%) / Net income ¥2,000 million (YoY -50.3%) |
| Annual Dividend Forecast | ¥20 per share → ¥20 per share（0.0%） |
| Payout ratio | 35.4% |
| Segment revenue | Japan ¥61,670 million (YoY +8.5%), China ¥17,217 million (YoY -8.4%), Southeast Asia ¥17,396 million (YoY +11.6%), Europe and North America ¥3,918 million (YoY -8.7%) |
| Segment profit | Japan ¥2,591 million (YoY +17.1%), China ¥2,792 million (YoY +77.3%), Southeast Asia ¥-1,476 million, Europe and North America ¥298 million (YoY +25.5%) |
| Regional sales | ¥60,509 million, ¥17,506 million, ¥6,253 million, ¥6,915 million, ¥9,018 million |
| Depreciation and amortization | ¥6,537 million |
| Impairment loss | ¥37 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥3 million, Gain on sale of investment securities ¥1,891 million / Extraordinary loss Loss on sale of fixed assets ¥20 million, Loss on Disposal of Fixed Assets ¥187 million, Impairment Losses ¥37 million, Provision for environmental measures ¥499 million |
| Disclosure regarding the going concern assumption | None. There are no matters to report under the notes on going-concern assumptions. |
| 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 0 / Excluded 0 / Company name Not disclosed |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Not disclosed |
| Issued Shares at Period-End | 71,298,100 Shares |
| Treasury Shares at Period-End | 5,266 Shares |
| Factors Behind Changes in Business Performance | Revenue increased despite lower sales to major European customers due to uncertainty over EV demand, as sales to major Japanese customers remained strong. The decline in operating profit was attributable to low plant utilization through the first half due to efforts to strengthen the quality control system, preparations for the full-scale launch of the new plant in Thailand, and the restructuring of the production system. Profitability improved in the second half due to an increase in high-value-added products and improvement measures. Net profit increased due to the recognition of ¥1,891 million in gains on sales of investment securities. |
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.Although sales to major Japanese customers remained strong, plant utilization was low through the first half due to efforts to strengthen the quality control system, preparations for the launch of the new plant in Thailand, and the restructuring of the production system. The recognition of ¥1,891 million in gains on sales of investment securities also boosted net profit.