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.
Growth in large engines and dual-fuel engines, steady progress on large-scale projects, and improved profitability in the marine propulsion systems and logistics systems businesses. Profit attributable to owners of the parent decreased mainly due to a decline in gains on sales of shares in affiliated companies.
Not applicable.
| 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 | ¥353,196 million (YoY +12.1%) |
| Operating profit | ¥37,641 million (YoY +62.7%) |
| Ordinary income | ¥44,892 million (YoY +61.7%) |
| Profit attributable to owners of the parent | ¥38,456 million (YoY -1.6%) |
| Net income per share | ¥381.15 |
| Operating Margin | 10.7% |
| Equity ratio | End of the current fiscal period 46.3% / End of previous period 37.8% |
| Total assets | ¥494,554 million |
| Net assets | ¥233,819 million |
| Cash flows from operating activities | ¥28,419 million |
| Cash flows from investing activities | ¥2,552 million |
| Cash flows from financing activities | ¥-10,417 million |
| Cash and cash equivalents at end of period | ¥54,589 million |
| Full-year earnings forecast | Net Sales ¥370,000 million (YoY +4.8%) / Operating profit ¥32,000 million (YoY -15.0%) / Ordinary income ¥37,000 million (YoY -17.6%) / Net income ¥30,000 million (YoY -22.0%) |
| Annual Dividend Forecast | ¥57 → ¥60（+5.3%） |
| Payout ratio | 20.2% |
| Shareholder Return Policy | Dividend payout ratio of 15% (current fiscal year) and a target dividend payout ratio of 20% (next fiscal year) |
| Segment revenue | Growth Business Promotion ¥43,757 million (YoY +9.3%), Marine Propulsion Systems ¥149,737 million (YoY +10.5%), Logistics Systems ¥65,185 million (YoY +3.9%), Adjacent Services ¥94,333 million (YoY +25.5%) |
| Segment profit | Growth Business Promotion ¥8,772 million (YoY +28.4%), Marine Propulsion Systems ¥14,474 million (YoY +93.6%), Logistics Systems ¥13,939 million (YoY +134.1%), Adjacent Services ¥826 million |
| Orders received and order backlog | Orders received ¥315,804 million / Order backlog ¥462,718 million |
| Depreciation and amortization | ¥8,078 million |
| Impairment loss | ¥496 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on disposal of fixed assets ¥56 million, Gain on sale of shares in an affiliated company ¥254 million / Extraordinary loss Losses on disposal of fixed assets ¥1,198 million, Impairment Losses ¥496 million, Business restructuring loss ¥617 million, Provision for dismantling and removal costs ¥789 million, Provision for contract loss ¥150 million, Litigation-related losses ¥1,905 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| 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 | Added: 0 companies; excluded: 0 companies |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors and securities analysts) |
| Issued Shares at Period-End | 103,098,717 |
| Treasury Shares at Period-End | 2,196,032 |
| Factors Behind Changes in Business Performance | Growth in large engines and dual-fuel engines, steady progress on large-scale projects, and improved profitability in the marine propulsion systems and logistics systems businesses. Profit attributable to owners of the parent decreased mainly due to a decline in gains on sales of shares in affiliated companies. |
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.Net sales and operating profit increased due to growth in large engines and dual-fuel engines, steady progress on large-scale projects, and improved profitability in the marine propulsion systems and logistics systems businesses. Profit attributable to owners of the parent decreased mainly due to a decline in gains on sales of shares in affiliated companies. For the next fiscal year, the Company has conservatively factored in supply chain disruptions arising from the situation in the Middle East, as well as risks related to fuel and materials procurement and rising costs.