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.
Steel: revenue and profit increased due to equipment renewal projects, maintenance projects for aging facilities, and projects for electric arc furnaces. Automotive: revenue and profit increased due to sales of equipment for battery manufacturing processes and material-handling equipment. Electronics and semiconductors: revenue and profit increased due to higher sales of components for semiconductor manufacturing equipment and rotary joints. Machine tools: revenue and profit increased due to higher sales of rotary joints and equipment. Rubber and tires: revenue and profit declined because there were no large projects this fiscal year comparable to those in the same period of the previous year. High-performance materials and environmental solutions: despite some positive factors, the decline from the previous fiscal year could not be offset, resulting in lower revenue and profit. Paper and pulp: revenue declined despite strong sales of equipment and supplies, while segment profit increased.
Not applicable (no matters to report in the notes on the going concern assumption)
| 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 | ¥55,827 million (YoY +2.0%) |
| Operating profit | ¥3,537 million (YoY -8.9%) |
| Ordinary income | ¥3,897 million (YoY -7.2%) |
| Profit attributable to owners of the parent | ¥3,180 million (YoY +11.9%) |
| Net income per share | ¥392.47 |
| Operating Margin | 6.3 |
| Equity ratio | End of the current fiscal period 60.4 / End of previous period 58.2 |
| Total assets | ¥47,505 million |
| Net assets | ¥29,187 million |
| Cash flows from operating activities | ¥1,343 million |
| Cash flows from investing activities | ¥-379 million |
| Cash flows from financing activities | ¥-1,187 million |
| Cash and cash equivalents at end of period | ¥6,753 million |
| Full-year earnings forecast | Net Sales ¥58,000 million (YoY +3.9%) / Operating profit ¥4,220 million (YoY +19.3%) / Ordinary income ¥4,360 million (YoY +11.9%) / Net income ¥3,000 million (YoY -5.7%) |
| Annual Dividend Forecast | ¥157 → ¥162（+3.2%） |
| Payout ratio | 43.8 |
| Segment revenue | Iron and Steel ¥15,822,331 thousand (YoY +1.2%), Automobiles ¥12,179,853 thousand (YoY +3.9%), Electronics and Semiconductors ¥7,858,658 thousand (YoY +6.1%), Rubber and Tires ¥3,764,855 thousand (YoY -2.7%), Machine tools ¥2,633,923 thousand (YoY +13.5%), High-Performance Materials ¥2,252,678 thousand (YoY -11.3%), Environment ¥2,742,525 thousand (YoY -10.0%), Paper and Pulp ¥893,359 thousand (YoY -2.8%) |
| Segment profit | Iron and Steel ¥2,025,598 thousand (YoY +1.0%), Automobiles ¥1,366,189 thousand (YoY +5.1%), Electronics and Semiconductors ¥959,861 thousand (YoY +7.8%), Rubber and Tires ¥339,497 thousand (YoY -18.3%), Machine tools ¥636,222 thousand (YoY +26.6%), High-Performance Materials ¥245,834 thousand (YoY -8.1%), Environment ¥231,969 thousand (YoY -21.4%), Paper and Pulp ¥107,445 thousand (YoY +1.1%) |
| Regional sales | ¥49,054,245 thousand, ¥4,492,692 thousand, ¥477,662 thousand, ¥1,757,599 thousand, ¥45,147 thousand |
| Orders received and order backlog | Orders received ¥59,824,243 thousand / Order backlog ¥12,936,129 thousand |
| Depreciation and amortization | ¥815,203 thousand |
| Impairment loss | ¥0 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥820,092 thousand, Gain on sale of investment securities ¥7,076 thousand, Insurance surrender value ¥11,288 thousand, Settlement proceeds received ¥8,795 thousand / Extraordinary loss Loss on sale of fixed assets ¥40 thousand, Loss on Disposal of Fixed Assets ¥13,058 thousand, Impairment Loss on Investment Securities ¥47,381 thousand, Valuation loss on investments in affiliates ¥89,825 thousand, Litigation-Related Costs ¥8,050 thousand |
| Disclosure regarding the going concern assumption | Not applicable (no matters to report in the notes on the going concern assumption) |
| 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 1 / Company name 高研株式会社 / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 8,640,000 |
| Treasury Shares at Period-End | 534,059 |
| Factors Behind Changes in Business Performance | Steel: revenue and profit increased due to equipment renewal projects, maintenance projects for aging facilities, and projects for electric arc furnaces. Automotive: revenue and profit increased due to sales of equipment for battery manufacturing processes and material-handling equipment. Electronics and semiconductors: revenue and profit increased due to higher sales of components for semiconductor manufacturing equipment and rotary joints. Machine tools: revenue and profit increased due to higher sales of rotary joints and equipment. Rubber and tires: revenue and profit declined because there were no large projects this fiscal year comparable to those in the same period of the previous year. High-performance materials and environmental solutions: despite some positive factors, the decline from the previous fiscal year could not be offset, resulting in lower revenue and profit. Paper and pulp: revenue declined despite strong sales of equipment and supplies, while segment profit increased. |
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.The company attributes the results to initiatives undertaken under its three-year medium-term plan, GP2026. In steel, automotive, electronics and semiconductors, and machine tools, sales of equipment, components and other products increased. In rubber and tires, there were no large projects this fiscal year comparable to those in the previous year. In high-performance materials, environmental solutions, and paper and pulp, the decline from the previous fiscal year could not be offset. Looking ahead, the company expects a recovery driven by AI-related investment and inbound demand, while citing trends in prices and interest rates, the situation in the Middle East, the prolonged weakness in China's property market, and soaring resource prices as risks.