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.
LP gas revenue declined because selling prices fell despite a year-on-year increase in sales volumes. Oil revenue declined because kerosene sales volumes decreased due to the unusually warm winter and other factors. Operating profit increased due to higher profits from the fresh produce business and subsidiaries, while ordinary profit and net income declined because of a decrease in the amount of grants recognized by subsidiaries and ¥197 million in impairment losses.
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 | ¥30,529 million (YoY -1.0%) |
| Operating profit | ¥721 million (YoY +10.6%) |
| Ordinary income | ¥1,062 million (YoY -16.9%) |
| Profit attributable to owners of the parent | ¥503 million (YoY -38.8%) |
| Net income per share | ¥41.16 |
| Operating Margin | 2.4 |
| Equity ratio | End of the current fiscal period 70.3 / End of previous period 71.9 |
| Total assets | ¥31,123 million |
| Net assets | ¥21,893 million |
| Cash flows from operating activities | ¥1,013 million |
| Cash flows from investing activities | ¥-225 million |
| Cash flows from financing activities | ¥14 million |
| Cash and cash equivalents at end of period | ¥4,794 million |
| Full-year earnings forecast | Net Sales ¥33,000 million (YoY +8.1%) / Operating profit ¥750 million (YoY +3.9%) / Ordinary income ¥1,200 million (YoY +12.9%) / Profit attributable to owners of the parent ¥960 million (YoY +90.8%) |
| Annual Dividend Forecast | ¥24 → ¥24（0.0%） |
| Payout ratio | Fiscal year ending March 2026 58.3 ％ / Forecast for the fiscal year ending March 2027 30.6 ％ |
| Shareholder Return Policy | Target payout ratio of 35% or higher |
| Segment revenue | Energy-Related Business ¥26,035 million (YoY -2.6%), Ice-making business ¥377 million (YoY +19.9%), Produce business ¥3,424 million (YoY +8.5%), Real Estate Business ¥158 million (YoY -24.0%) |
| Segment profit | Energy-Related Business ¥269 million (YoY -8.2%), Ice-making business ¥8 million, Produce business ¥245 million (YoY +4.0%), Real Estate Business ¥12 million (YoY -65.0%) |
| Depreciation and amortization | ¥787 million |
| Impairment loss | ¥197 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Impairment Losses ¥197 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 | On 1 April 2026, all shares of Karuizawa Gas Co., Ltd. were acquired, making it a subsidiary. The percentage of voting rights acquired was 100%. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | None (対象者：Not applicable) |
| Issued Shares at Period-End | 12,300,000 Shares |
| Treasury Shares at Period-End | 235,792 Shares |
| Factors Behind Changes in Business Performance | LP gas revenue declined because selling prices fell despite a year-on-year increase in sales volumes. Oil revenue declined because kerosene sales volumes decreased due to the unusually warm winter and other factors. Operating profit increased due to higher profits from the fresh produce business and subsidiaries, while ordinary profit and net income declined because of a decrease in the amount of grants recognized by subsidiaries and ¥197 million in impairment losses. |
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 LP gas sales volumes increased, selling prices declined, while kerosene sales volumes decreased in the oil business due to the unusually warm winter and other factors. Operating profit increased as a result of higher profits from the fresh produce business and subsidiaries, but ordinary profit declined due to a decrease in the amount of grants recognized by subsidiaries. Net income declined following the recognition of ¥197 million in impairment losses on fixed assets and other assets.