Annual report

Period2025-04-01 → 2026-03-31
Filed2026-06-19
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 148
MetricValuePeriodScopeSource row
Revenue¥341.2bn2025-04-01 → 2026-03-31Cons.Net sales
Revenue¥293.1bn2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥285.7bn2023-04-01 → 2024-03-31vCons.Net sales (5-year summary)
Revenue¥288.9bn2022-04-01 → 2023-03-31vCons.Net sales (5-year summary)
Revenue¥258.1bn2021-04-01 → 2022-03-31vCons.Net sales (5-year summary)
Operating income¥16.3bn2025-04-01 → 2026-03-31Cons.Operating income
Operating income¥8.8bn2024-04-01 → 2025-03-31Cons.Operating income
Ordinary income¥17.6bn2025-04-01 → 2026-03-31Cons.Ordinary income
Ordinary income¥9.7bn2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income¥9.7bn2023-04-01 → 2024-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥5.0bn2022-04-01 → 2023-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income−¥5.1bn2021-04-01 → 2022-03-31vCons.Ordinary income loss (5-year summary)
Profit before tax¥19.3bn2025-04-01 → 2026-03-31Cons.Income before income taxes
Profit before tax¥9.8bn2024-04-01 → 2025-03-31Cons.Income before income taxes
Net income (owners)¥13.4bn2025-04-01 → 2026-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥6.6bn2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥7.3bn2023-04-01 → 2024-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥5.2bn2022-04-01 → 2023-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥7.5bn2021-04-01 → 2022-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥13.6bn2025-04-01 → 2026-03-31Cons.Profit loss
Net income¥6.8bn2024-04-01 → 2025-03-31Cons.Profit loss
Total assets¥310.8bnat 2026-03-31Cons.Assets
Total assets¥274.3bnat 2025-03-31Cons.Assets
Total assets¥264.5bnat 2024-03-31vCons.Total assets (5-year summary)
Total assets¥249.2bnat 2023-03-31vCons.Total assets (5-year summary)
Total assets¥237.8bnat 2022-03-31vCons.Total assets (5-year summary)
Total liabilities¥198.2bnat 2026-03-31Cons.Liabilities
Total liabilities¥171.6bnat 2025-03-31Cons.Liabilities
Net assets / equity¥112.7bnat 2026-03-31Cons.Net assets
Net assets / equity¥102.7bnat 2025-03-31Cons.Net assets
Net assets / equity¥100.8bnat 2024-03-31vCons.Net assets
Net assets / equity¥96.0bnat 2023-03-31vCons.Net assets (5-year summary)
Net assets / equity¥93.1bnat 2022-03-31vCons.Net assets (5-year summary)
Cash and deposits¥49.6bnat 2026-03-31Cons.Cash and deposits
Cash and deposits¥39.7bnat 2025-03-31Cons.Cash and deposits
Cash & equivalents¥49.6bnat 2026-03-31Cons.Cash and cash equivalents
Cash & equivalents¥39.7bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥31.9bnat 2024-03-31vCons.Cash and cash equivalents
Cash & equivalents¥58.7bnat 2023-03-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥38.6bnat 2022-03-31vCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥6.9bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥41.2bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow−¥54.0bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥20.4bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥12.2bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥2.5bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥1.6bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥1.4bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow¥2.4bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥476m2021-04-01 → 2022-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow¥5.4bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥31.9bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow¥28.5bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥2.8bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥7.5bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥126.182025-04-01 → 2026-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥62.722024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥68.992023-04-01 → 2024-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥49.992022-04-01 → 2023-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-71.262021-04-01 → 2022-03-31vCons.Basic earnings loss per share (5-year summary)
Net assets per share¥1,048.68at 2026-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥959.28at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥947.39at 2024-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥905.99at 2023-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥883.11at 2022-03-31vCons.Net assets per share (5-year summary)
Equity ratio35.9%at 2026-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio37.1%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio37.8%at 2024-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio38.2%at 2023-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio38.9%at 2022-03-31vCons.Equity to asset ratio (5-year summary)
ROE12.6%2025-04-01 → 2026-03-31Cons.Rate of return on equity (5-year summary)
ROE6.6%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
ROE7.4%2023-04-01 → 2024-03-31vCons.Rate of return on equity (5-year summary)
ROE5.6%2022-04-01 → 2023-03-31vCons.Rate of return on equity (5-year summary)
ROE-7.6%2021-04-01 → 2022-03-31vCons.Rate of return on equity (5-year summary)
Employees2,911at 2026-03-31Cons.Number of employees
Employees2,845at 2025-03-31Cons.Number of employees
Employees2,877at 2024-03-31vCons.Number of employees
Employees3,041at 2023-03-31vCons.Number of employees
Employees3,012at 2022-03-31vCons.Number of employees
Revenue¥316.1bn2025-04-01 → 2026-03-31StandaloneNet sales
Revenue¥263.9bn2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥260.6bn2023-04-01 → 2024-03-31vStandaloneNet sales (5-year summary)
Revenue¥261.5bn2022-04-01 → 2023-03-31vStandaloneNet sales (5-year summary)
Revenue¥243.0bn2021-04-01 → 2022-03-31vStandaloneNet sales (5-year summary)
Operating income¥13.7bn2025-04-01 → 2026-03-31StandaloneOperating income
Operating income¥6.8bn2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income¥14.5bn2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income¥6.9bn2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥7.0bn2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥4.4bn2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥6.3bn2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥16.1bn2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax¥5.5bn2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income¥11.6bn2025-04-01 → 2026-03-31StandaloneProfit loss
Net income¥3.9bn2024-04-01 → 2025-03-31StandaloneProfit loss
Net income¥5.1bn2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income¥3.8bn2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income−¥7.5bn2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Total assets¥277.0bnat 2026-03-31StandaloneAssets
Total assets¥240.9bnat 2025-03-31StandaloneAssets
Total assets¥234.8bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥223.0bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥216.6bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥189.6bnat 2026-03-31StandaloneLiabilities
Total liabilities¥161.1bnat 2025-03-31StandaloneLiabilities
Net assets / equity¥87.4bnat 2026-03-31StandaloneNet assets
Net assets / equity¥79.8bnat 2025-03-31StandaloneNet assets
Net assets / equity¥81.4bnat 2024-03-31vStandaloneNet assets
Net assets / equity¥79.6bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥78.9bnat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥36.8bnat 2026-03-31StandaloneCash and deposits
Cash and deposits¥28.2bnat 2025-03-31StandaloneCash and deposits
EPS (basic)¥109.042025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥36.852024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥48.862023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥36.462022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-71.62021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥402025-04-01 → 2026-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥382024-04-01 → 2025-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥372023-04-01 → 2024-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥362022-04-01 → 2023-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥252021-04-01 → 2022-03-31vStandaloneDividend paid per share (5-year summary)
Net assets per share¥822.56at 2026-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥753.04at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥771.51at 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥756.77at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥753.23at 2022-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio31.6%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio33.1%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio34.7%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio35.7%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio36.4%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
ROE13.8%2025-04-01 → 2026-03-31StandaloneRate of return on equity (5-year summary)
ROE4.8%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE6.4%2023-04-01 → 2024-03-31vStandaloneRate of return on equity (5-year summary)
ROE4.8%2022-04-01 → 2023-03-31vStandaloneRate of return on equity (5-year summary)
ROE-8.9%2021-04-01 → 2022-03-31vStandaloneRate of return on equity (5-year summary)
Shares issued106,761,000at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued106,761,000at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued106,761,000at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued106,761,000at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued106,761,000at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees2,562at 2026-03-31StandaloneNumber of employees
Employees2,494at 2025-03-31StandaloneNumber of employees
Employees2,471at 2024-03-31vStandaloneNumber of employees
Employees2,628at 2023-03-31vStandaloneNumber of employees
Employees2,624at 2022-03-31vStandaloneNumber of employees

Periods use the dates stated in the filing. d = earlier-year period dated by calendar; v = that date confirmed by the company's own earlier filing.

Segments · 40
SegmentItemPeriodValue
Reconciling Itemsreconcilingrevenue2025-04-01 → 2026-03-31−¥26m
Reconciling Itemsreconcilingrevenue intersegment2025-04-01 → 2026-03-31−¥26m
Reconciling Itemsreconcilingsegment profit2025-04-01 → 2026-03-31−¥10.0bn
Constructionreportable segmentemployeesat 2026-03-312578 pure
Construction Constructionreportable segmentrevenue2025-04-01 → 2026-03-31¥259.3bn
Construction Constructionreportable segmentrevenue external2025-04-01 → 2026-03-31¥259.2bn
Construction Constructionreportable segmentrevenue intersegment2025-04-01 → 2026-03-31¥19m
Construction Constructionreportable segmentsegment profit2025-04-01 → 2026-03-31¥15.5bn
Construction Engineeringreportable segmentrevenue2025-04-01 → 2026-03-31¥74.3bn
Construction Engineeringreportable segmentrevenue external2025-04-01 → 2026-03-31¥74.3bn
Construction Engineeringreportable segmentsegment profit2025-04-01 → 2026-03-31¥9.7bn
Real Estatereportable segmentemployeesat 2026-03-3133 pure
Real Estatereportable segmentrevenue2025-04-01 → 2026-03-31¥7.6bn
Real Estatereportable segmentrevenue external2025-04-01 → 2026-03-31¥7.6bn
Real Estatereportable segmentrevenue intersegment2025-04-01 → 2026-03-31¥7m
Real Estatereportable segmentsegment profit2025-04-01 → 2026-03-31¥1.1bn
Total Of Reportable Segments And Otherssegment totalrevenue2025-04-01 → 2026-03-31¥341.2bn
Total Of Reportable Segments And Otherssegment totalrevenue external2025-04-01 → 2026-03-31¥341.2bn
Total Of Reportable Segments And Otherssegment totalrevenue intersegment2025-04-01 → 2026-03-31¥26m
Total Of Reportable Segments And Otherssegment totalsegment profit2025-04-01 → 2026-03-31¥26.3bn
Reconciling Itemsreconcilingrevenue2024-04-01 → 2025-03-31−¥324m
Reconciling Itemsreconcilingrevenue intersegment2024-04-01 → 2025-03-31−¥324m
Reconciling Itemsreconcilingsegment profit2024-04-01 → 2025-03-31−¥9.0bn
Construction Constructionreportable segmentrevenue2024-04-01 → 2025-03-31¥220.0bn
Construction Constructionreportable segmentrevenue external2024-04-01 → 2025-03-31¥219.7bn
Construction Constructionreportable segmentrevenue intersegment2024-04-01 → 2025-03-31¥317m
Construction Constructionreportable segmentsegment profit2024-04-01 → 2025-03-31¥11.8bn
Construction Engineeringreportable segmentrevenue2024-04-01 → 2025-03-31¥68.5bn
Construction Engineeringreportable segmentrevenue external2024-04-01 → 2025-03-31¥68.5bn
Construction Engineeringreportable segmentsegment profit2024-04-01 → 2025-03-31¥4.5bn
Real Estatereportable segmentrevenue2024-04-01 → 2025-03-31¥5.0bn
Real Estatereportable segmentrevenue external2024-04-01 → 2025-03-31¥5.0bn
Real Estatereportable segmentrevenue intersegment2024-04-01 → 2025-03-31¥7m
Real Estatereportable segmentsegment profit2024-04-01 → 2025-03-31¥1.5bn
Total Of Reportable Segments And Otherssegment totalrevenue2024-04-01 → 2025-03-31¥293.5bn
Total Of Reportable Segments And Otherssegment totalrevenue external2024-04-01 → 2025-03-31¥293.1bn
Total Of Reportable Segments And Otherssegment totalrevenue intersegment2024-04-01 → 2025-03-31¥324m
Total Of Reportable Segments And Otherssegment totalsegment profit2024-04-01 → 2025-03-31¥17.8bn
Constructionreportable segmentemployeesat 2026-03-312245 pure
Real Estatereportable segmentemployeesat 2026-03-3117 pure

Segment names come from EDINET member IDs; not yet mapped to a common taxonomy.

All source rows · 1,829
ItemContextValueUnit
Deposits receivedCurrentYearInstant32465000000JPY
Other clPrior1YearInstant3454000000JPY
Other clCurrentYearInstant5138000000JPY
Current liabilitiesPrior1YearInstant147299000000JPY
Current liabilitiesCurrentYearInstant193637000000JPY
Long term loans payablePrior1YearInstant21130000000JPY
Long term loans payableCurrentYearInstant985000000JPY
Lease obligations nclPrior1YearInstant323000000JPY
Lease obligations nclCurrentYearInstant697000000JPY
Provision for share based remuneration for directors and other officers nclPrior1YearInstant18000000JPY
Provision for share based remuneration for directors and other officers nclCurrentYearInstant18000000JPY
Provision for loss on real estate business and otherPrior1YearInstant1699000000JPY
Provision for loss on real estate business and otherCurrentYearInstant1546000000JPY
Net defined benefit liabilityPrior1YearInstant297000000JPY
Net defined benefit liabilityCurrentYearInstant68000000JPY
Asset retirement obligations nclPrior1YearInstant210000000JPY
Asset retirement obligations nclCurrentYearInstant253000000JPY
Other nclPrior1YearInstant667000000JPY
Other nclCurrentYearInstant965000000JPY
Noncurrent liabilitiesPrior1YearInstant24348000000JPY
Noncurrent liabilitiesCurrentYearInstant4536000000JPY
LiabilitiesPrior1YearInstant171648000000JPY
LiabilitiesCurrentYearInstant198173000000JPY
Capital stockPrior1YearInstant16354000000JPY
Capital stockCurrentYearInstant16354000000JPY
Capital surplusPrior1YearInstant3543000000JPY
Capital surplusCurrentYearInstant3558000000JPY
Retained earningsPrior1YearInstant76145000000JPY
Retained earningsCurrentYearInstant85496000000JPY
Treasury stockPrior1YearInstant-492000000JPY
Treasury stockCurrentYearInstant-284000000JPY
Shareholders equityPrior1YearInstant95551000000JPY
Shareholders equityCurrentYearInstant105124000000JPY
Valuation difference on available for sale securitiesPrior1YearInstant3326000000JPY
Valuation difference on available for sale securitiesCurrentYearInstant2775000000JPY
Deferred gains or losses on hedgesPrior1YearInstant-JPY
Deferred gains or losses on hedgesCurrentYearInstant-0JPY
Foreign currency translation adjustmentPrior1YearInstant775000000JPY
Foreign currency translation adjustmentCurrentYearInstant994000000JPY
Remeasurements of defined benefit plansPrior1YearInstant1981000000JPY
Remeasurements of defined benefit plansCurrentYearInstant2552000000JPY
Valuation and translation adjustmentsPrior1YearInstant6083000000JPY
Valuation and translation adjustmentsCurrentYearInstant6321000000JPY
Non controlling interestsPrior1YearInstant1032000000JPY
Non controlling interestsCurrentYearInstant1229000000JPY
Net assetsPrior1YearInstant102667000000JPY
Net assetsCurrentYearInstant112676000000JPY
Liabilities and net assetsPrior1YearInstant274315000000JPY
Liabilities and net assetsCurrentYearInstant310849000000JPY
Net sales of completed construction contracts cnsPrior1YearDuration288170000000JPY

Every row of the EDINET CSV. Item names are the XBRL element names; filed text is kept in its original Japanese. Filed text is available on Plus and Pro.

Data checks · 24 of 24 passed
balance sheet identityconsolidated 2025-03-31pass
balance sheet identityconsolidated 2026-03-31pass
balance sheet identitynon_consolidated 2025-03-31pass
balance sheet identitynon_consolidated 2026-03-31pass rounding
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2024-03-31pass
statement vs summary · net assetsconsolidated 2025-03-31pass
statement vs summary · net assetsconsolidated 2026-03-31pass
statement vs summary · net assetsnon_consolidated 2024-03-31pass
statement vs summary · net assetsnon_consolidated 2025-03-31pass
statement vs summary · net assetsnon_consolidated 2026-03-31pass
statement vs summary · net income attributable to parentconsolidated 2024-04-01/2025-03-31pass
statement vs summary · net income attributable to parentconsolidated 2025-04-01/2026-03-31pass
statement vs summary · operating cash flowconsolidated 2024-04-01/2025-03-31pass
statement vs summary · operating cash flowconsolidated 2025-04-01/2026-03-31pass
statement vs summary · revenueconsolidated 2024-04-01/2025-03-31pass
statement vs summary · revenueconsolidated 2025-04-01/2026-03-31pass
statement vs summary · revenuenon_consolidated 2024-04-01/2025-03-31pass
statement vs summary · revenuenon_consolidated 2025-04-01/2026-03-31pass
statement vs summary · total assetsconsolidated 2025-03-31pass
statement vs summary · total assetsconsolidated 2026-03-31pass
statement vs summary · total assetsnon_consolidated 2025-03-31pass
statement vs summary · total assetsnon_consolidated 2026-03-31pass