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 parts for standard trucks in Japan increased as production volumes and sales at customers performed well. In the construction machinery-related business, sales increased on higher demand for hydraulic excavators in North America, ASEAN, China and other markets, as well as recovering demand in China. Sales expansion, growth investment, productivity improvements and rationalization initiatives also produced positive results.
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 | ¥202,167 million (YoY +6.5%) |
| Operating profit | ¥13,509 million (YoY +40.0%) |
| Ordinary income | ¥14,026 million (YoY +36.5%) |
| Profit attributable to owners of the parent | ¥8,475 million (YoY +39.4%) |
| Net income per share | ¥85.85 |
| Operating Margin | 6.7% |
| Equity ratio | End of the current fiscal period 58.0% / End of previous period 57.6% |
| Total assets | ¥207,185 million |
| Net assets | ¥134,651 million |
| Cash flows from operating activities | ¥22,340 million |
| Cash flows from investing activities | ¥-17,226 million |
| Cash flows from financing activities | ¥-9,425 million |
| Cash and cash equivalents at end of period | ¥22,184 million |
| Full-year earnings forecast | Net Sales ¥190,000 million (YoY -6.0%) / Operating profit ¥11,400 million (YoY -15.6%) / Ordinary income ¥11,500 million (YoY -18.0%) / Net income ¥7,000 million (YoY -17.4%) |
| Annual Dividend Forecast | ¥37 per share → ¥44 per share（+18.9%） |
| Payout ratio | 43.1% |
| Shareholder Return Policy | Aims for total payout ratio of at least 60%, annual dividends of at least ¥32 per share, and DOE of more than 3.0% |
| Segment revenue | Automotive Business ¥167,078 million (YoY +5.4%), Construction machinery-related business ¥35,127 million (YoY +14.6%) |
| Segment profit | Automotive Business ¥16,054 million (YoY +21.9%), Construction machinery-related business ¥945 million |
| Depreciation and amortization | ¥12,503 million |
| Impairment loss | Construction machinery-related business ¥2 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥33 million, Gain on sale of investment securities ¥449 million / Extraordinary loss Loss on sale of fixed assets ¥0 million, Loss on Disposal of Fixed Assets ¥686 million, Impairment Losses ¥2 million, Loss on liquidation of subsidiary ¥156 million, Compensation and repair expenses ¥136 million, Provision for environmental measures ¥107 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 0 / Excluded 0 / Company name No |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Analysts and institutional investors |
| Issued Shares at Period-End | 98,066,400 Shares |
| Treasury Shares at Period-End | 513,456 Shares |
| Factors Behind Changes in Business Performance | Sales of parts for standard trucks in Japan increased as production volumes and sales at customers performed well. In the construction machinery-related business, sales increased on higher demand for hydraulic excavators in North America, ASEAN, China and other markets, as well as recovering demand in China. Sales expansion, growth investment, productivity improvements and rationalization initiatives also produced positive results. |
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.During the fiscal year, demand for standard trucks in Japan remained firm, while demand for hydraulic excavators increased in North America, ASEAN, China and other markets. The Company also pursued sales expansion, growth investment, productivity improvements and rationalization initiatives. For the next fiscal year, the delayed recovery in pickup truck production in Thailand is expected to have a significant impact, and the earnings forecast incorporates the effects of the situation in the Middle East and higher raw material prices.