Annual report

Period2025-04-01 → 2026-03-31
Filed2026-06-23
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 154
MetricValuePeriodScopeSource row
Revenue¥139.8bn2025-04-01 → 2026-03-31Cons.Net sales
Revenue¥143.4bn2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥163.2bn2023-04-01 → 2024-03-31vCons.Net sales (5-year summary)
Revenue¥156.1bn2022-04-01 → 2023-03-31vCons.Net sales (5-year summary)
Revenue¥156.5bn2021-04-01 → 2022-03-31vCons.Net sales (5-year summary)
Operating income¥6.9bn2025-04-01 → 2026-03-31Cons.Operating income
Operating income¥5.5bn2024-04-01 → 2025-03-31Cons.Operating income
Ordinary income¥7.3bn2025-04-01 → 2026-03-31Cons.Ordinary income
Ordinary income¥5.2bn2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income¥1.3bn2023-04-01 → 2024-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥5.1bn2022-04-01 → 2023-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥9.3bn2021-04-01 → 2022-03-31vCons.Ordinary income loss (5-year summary)
Profit before tax¥7.7bn2025-04-01 → 2026-03-31Cons.Income before income taxes
Profit before tax¥5.6bn2024-04-01 → 2025-03-31Cons.Income before income taxes
Net income (owners)¥4.6bn2025-04-01 → 2026-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥3.7bn2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)−¥2.1bn2023-04-01 → 2024-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥2.9bn2022-04-01 → 2023-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥6.0bn2021-04-01 → 2022-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥4.8bn2025-04-01 → 2026-03-31Cons.Profit loss
Net income¥4.0bn2024-04-01 → 2025-03-31Cons.Profit loss
Total assets¥155.9bnat 2026-03-31Cons.Assets
Total assets¥149.8bnat 2025-03-31Cons.Assets
Total assets¥165.1bnat 2024-03-31vCons.Total assets (5-year summary)
Total assets¥170.4bnat 2023-03-31vCons.Total assets (5-year summary)
Total assets¥169.6bnat 2022-03-31vCons.Total assets (5-year summary)
Total liabilities¥78.7bnat 2026-03-31Cons.Liabilities
Total liabilities¥76.8bnat 2025-03-31Cons.Liabilities
Net assets / equity¥77.2bnat 2026-03-31Cons.Net assets
Net assets / equity¥73.1bnat 2025-03-31Cons.Net assets
Net assets / equity¥68.9bnat 2024-03-31vCons.Net assets
Net assets / equity¥73.2bnat 2023-03-31vCons.Net assets (5-year summary)
Net assets / equity¥74.5bnat 2022-03-31vCons.Net assets (5-year summary)
Cash and deposits¥24.8bnat 2026-03-31Cons.Cash and deposits
Cash and deposits¥21.7bnat 2025-03-31Cons.Cash and deposits
Cash & equivalents¥24.8bnat 2026-03-31Cons.Cash and cash equivalents
Cash & equivalents¥21.7bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥17.5bnat 2024-03-31vCons.Cash and cash equivalents
Cash & equivalents¥28.0bnat 2023-03-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥19.8bnat 2022-03-31vCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥3.9bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥11.8bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow−¥11.5bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥12.9bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥5.5bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow¥153m2025-04-01 → 2026-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥876m2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥996m2023-04-01 → 2024-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow¥758m2022-04-01 → 2023-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥2.2bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥1.2bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥6.6bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow¥1.7bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥5.4bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥12.0bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥51.642025-04-01 → 2026-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥41.912024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-23.542023-04-01 → 2024-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥33.12022-04-01 → 2023-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥69.262021-04-01 → 2022-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (diluted)¥51.572025-04-01 → 2026-03-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥41.792024-04-01 → 2025-03-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥32.712022-04-01 → 2023-03-31vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥65.272021-04-01 → 2022-03-31vCons.Diluted earnings per share (5-year summary)
Net assets per share¥854.48at 2026-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥810.64at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥767.77at 2024-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥816.67at 2023-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥840.92at 2022-03-31vCons.Net assets per share (5-year summary)
Equity ratio48.4%at 2026-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio47.7%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio40.9%at 2024-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio42.3%at 2023-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio43.3%at 2022-03-31vCons.Equity to asset ratio (5-year summary)
ROE6.2%2025-04-01 → 2026-03-31Cons.Rate of return on equity (5-year summary)
ROE5.3%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
ROE4.0%2022-04-01 → 2023-03-31vCons.Rate of return on equity (5-year summary)
ROE8.2%2021-04-01 → 2022-03-31vCons.Rate of return on equity (5-year summary)
Employees1,700at 2026-03-31Cons.Number of employees
Employees1,694at 2025-03-31Cons.Number of employees
Employees1,690at 2024-03-31vCons.Number of employees
Employees1,690at 2023-03-31vCons.Number of employees
Employees1,687at 2022-03-31vCons.Number of employees
Revenue¥102.9bn2025-04-01 → 2026-03-31StandaloneNet sales
Revenue¥99.0bn2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥121.8bn2023-04-01 → 2024-03-31vStandaloneNet sales (5-year summary)
Revenue¥115.7bn2022-04-01 → 2023-03-31vStandaloneNet sales (5-year summary)
Revenue¥118.5bn2021-04-01 → 2022-03-31vStandaloneNet sales (5-year summary)
Operating income¥4.7bn2025-04-01 → 2026-03-31StandaloneOperating income
Operating income¥2.9bn2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income¥5.8bn2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income¥3.3bn2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥136m2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥2.5bn2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥12.5bn2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥6.1bn2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax¥3.7bn2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income¥4.0bn2025-04-01 → 2026-03-31StandaloneProfit loss
Net income¥2.9bn2024-04-01 → 2025-03-31StandaloneProfit loss
Net income−¥2.2bn2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income¥1.4bn2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income¥10.4bn2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Total assets¥124.0bnat 2026-03-31StandaloneAssets
Total assets¥117.7bnat 2025-03-31StandaloneAssets
Total assets¥132.8bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥137.7bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥138.6bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥62.8bnat 2026-03-31StandaloneLiabilities
Total liabilities¥60.0bnat 2025-03-31StandaloneLiabilities
Net assets / equity¥61.2bnat 2026-03-31StandaloneNet assets
Net assets / equity¥57.7bnat 2025-03-31StandaloneNet assets
Net assets / equity¥55.3bnat 2024-03-31vStandaloneNet assets
Net assets / equity¥59.9bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥63.0bnat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥15.8bnat 2026-03-31StandaloneCash and deposits
Cash and deposits¥14.0bnat 2025-03-31StandaloneCash and deposits
EPS (basic)¥45.452025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥33.382024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-24.582023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥16.082022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥119.892021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥45.392025-04-01 → 2026-03-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥33.292024-04-01 → 2025-03-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥15.892022-04-01 → 2023-03-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥112.992021-04-01 → 2022-03-31vStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥342025-04-01 → 2026-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥1472024-04-01 → 2025-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥272023-04-01 → 2024-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥2302022-04-01 → 2023-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥2432021-04-01 → 2022-03-31vStandaloneDividend paid per share (5-year summary)
Net assets per share¥692.76at 2026-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥653.53at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥627.45at 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥677.48at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥719.06at 2022-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio49.3%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio48.9%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio41.5%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio43.4%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio45.3%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
ROE6.8%2025-04-01 → 2026-03-31StandaloneRate of return on equity (5-year summary)
ROE5.2%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE2.3%2022-04-01 → 2023-03-31vStandaloneRate of return on equity (5-year summary)
ROE17.2%2021-04-01 → 2022-03-31vStandaloneRate of return on equity (5-year summary)
Shares issued90,415,000at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued18,083,000at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued18,083,000at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued18,083,000at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued18,433,000at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees1,072at 2026-03-31StandaloneNumber of employees
Employees1,054at 2025-03-31StandaloneNumber of employees
Employees1,056at 2024-03-31vStandaloneNumber of employees
Employees1,052at 2023-03-31vStandaloneNumber of employees
Employees1,049at 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 · 24
SegmentItemPeriodValue
Reconciling Itemsreconcilingdepreciation2025-04-01 → 2026-03-31−¥8m
Reconciling Itemsreconcilingrevenue2025-04-01 → 2026-03-31−¥264m
Reconciling Itemsreconcilingrevenue intersegment2025-04-01 → 2026-03-31−¥264m
Reconciling Itemsreconcilingsegment assetsat 2026-03-31−¥3.7bn
Reconciling Itemsreconcilingsegment profit2025-04-01 → 2026-03-31¥0
—segment totalcapex2025-04-01 → 2026-03-31¥1.0bn
—segment totaldepreciation2025-04-01 → 2026-03-31¥903m
—segment totalrevenue2025-04-01 → 2026-03-31¥140.1bn
—segment totalrevenue external2025-04-01 → 2026-03-31¥139.8bn
—segment totalrevenue intersegment2025-04-01 → 2026-03-31¥264m
—segment totalsegment assetsat 2026-03-31¥159.6bn
—segment totalsegment profit2025-04-01 → 2026-03-31¥6.9bn
Reconciling Itemsreconcilingdepreciation2024-04-01 → 2025-03-31−¥9m
Reconciling Itemsreconcilingrevenue2024-04-01 → 2025-03-31−¥379m
Reconciling Itemsreconcilingrevenue intersegment2024-04-01 → 2025-03-31−¥379m
Reconciling Itemsreconcilingsegment assetsat 2025-03-31−¥3.3bn
Reconciling Itemsreconcilingsegment profit2024-04-01 → 2025-03-31¥2m
—segment totalcapex2024-04-01 → 2025-03-31¥435m
—segment totaldepreciation2024-04-01 → 2025-03-31¥1.1bn
—segment totalrevenue2024-04-01 → 2025-03-31¥143.8bn
—segment totalrevenue external2024-04-01 → 2025-03-31¥143.4bn
—segment totalrevenue intersegment2024-04-01 → 2025-03-31¥379m
—segment totalsegment assetsat 2025-03-31¥153.2bn
—segment totalsegment profit2024-04-01 → 2025-03-31¥5.5bn

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

All source rows · 1,861
ItemContextValueUnit
Notes receivable accounts receivable from completed construction contracts and other cnsPrior1YearInstant88397000000JPY
Notes receivable accounts receivable from completed construction contracts and other cnsCurrentYearInstant90554000000JPY
Electronically recorded monetary claims operating caPrior1YearInstant393000000JPY
Electronically recorded monetary claims operating caCurrentYearInstant46000000JPY
Costs on uncompleted construction contracts and other cnsPrior1YearInstant1312000000JPY
Costs on uncompleted construction contracts and other cnsCurrentYearInstant1328000000JPY
Short term loans receivablePrior1YearInstant29000000JPY
Short term loans receivableCurrentYearInstant5000000JPY
Advances paidPrior1YearInstant7408000000JPY
Advances paidCurrentYearInstant3568000000JPY
Consumption taxes receivablePrior1YearInstant-JPY
Consumption taxes receivableCurrentYearInstant2565000000JPY
Other caPrior1YearInstant861000000JPY
Other caCurrentYearInstant947000000JPY
Allowance for doubtful accounts caPrior1YearInstant-6000000JPY
Allowance for doubtful accounts caCurrentYearInstant-109000000JPY
Current assetsPrior1YearInstant120066000000JPY
Current assetsCurrentYearInstant123718000000JPY
Buildings and structuresPrior1YearInstant12064000000JPY
Buildings and structuresCurrentYearInstant11550000000JPY
Machinery vehicles tools furniture and fixturesPrior1YearInstant7899000000JPY
Machinery vehicles tools furniture and fixturesCurrentYearInstant7749000000JPY
LandPrior1YearInstant8569000000JPY
LandCurrentYearInstant7528000000JPY
Lease assets ppePrior1YearInstant221000000JPY
Lease assets ppeCurrentYearInstant222000000JPY
Construction in progressPrior1YearInstant38000000JPY
Construction in progressCurrentYearInstant42000000JPY
Accumulated depreciation ppe by groupPrior1YearInstant-11949000000JPY
Accumulated depreciation ppe by groupCurrentYearInstant-11985000000JPY
Property plant and equipmentPrior1YearInstant16842000000JPY
Property plant and equipmentCurrentYearInstant15108000000JPY
Intangible assetsPrior1YearInstant510000000JPY
Intangible assetsCurrentYearInstant871000000JPY
Investment securitiesPrior1YearInstant11491000000JPY
Investment securitiesCurrentYearInstant14061000000JPY
Long term loans receivablePrior1YearInstant1000000JPY
Long term loans receivableCurrentYearInstant1188000000JPY
Deferred tax assetsPrior1YearInstant262000000JPY
Deferred tax assetsCurrentYearInstant259000000JPY
Other ioaPrior1YearInstant2911000000JPY
Other ioaCurrentYearInstant3045000000JPY
Allowance for doubtful accounts ioa by groupPrior1YearInstant-2244000000JPY
Allowance for doubtful accounts ioa by groupCurrentYearInstant-2350000000JPY
Investments and other assetsPrior1YearInstant12422000000JPY
Investments and other assetsCurrentYearInstant16203000000JPY
Noncurrent assetsPrior1YearInstant29776000000JPY
Noncurrent assetsCurrentYearInstant32184000000JPY
AssetsPrior1YearInstant149842000000JPY
AssetsCurrentYearInstant155902000000JPY

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
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