Annual report

Period2025-04-01 → 2026-03-31
Filed2026-06-24
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 148
MetricValuePeriodScopeSource row
Revenue¥36.8bn2025-04-01 → 2026-03-31Cons.Net sales
Revenue¥32.3bn2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥26.1bn2023-04-01 → 2024-03-31vCons.Net sales (5-year summary)
Revenue¥30.1bn2022-04-01 → 2023-03-31vCons.Net sales (5-year summary)
Revenue¥26.7bn2021-04-01 → 2022-03-31vCons.Net sales (5-year summary)
Operating income¥1.8bn2025-04-01 → 2026-03-31Cons.Operating income
Operating income¥960m2024-04-01 → 2025-03-31Cons.Operating income
Ordinary income¥1.7bn2025-04-01 → 2026-03-31Cons.Ordinary income
Ordinary income¥968m2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income¥210m2023-04-01 → 2024-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥1.8bn2022-04-01 → 2023-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥739m2021-04-01 → 2022-03-31vCons.Ordinary income loss (5-year summary)
Profit before tax¥1.5bn2025-04-01 → 2026-03-31Cons.Income before income taxes
Profit before tax¥949m2024-04-01 → 2025-03-31Cons.Income before income taxes
Net income (owners)¥964m2025-04-01 → 2026-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥611m2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥75m2023-04-01 → 2024-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥1.3bn2022-04-01 → 2023-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥355m2021-04-01 → 2022-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥964m2025-04-01 → 2026-03-31Cons.Profit loss
Net income¥611m2024-04-01 → 2025-03-31Cons.Profit loss
Total assets¥25.4bnat 2026-03-31Cons.Assets
Total assets¥27.5bnat 2025-03-31Cons.Assets
Total assets¥26.3bnat 2024-03-31vCons.Total assets (5-year summary)
Total assets¥26.8bnat 2023-03-31vCons.Total assets (5-year summary)
Total assets¥25.8bnat 2022-03-31vCons.Total assets (5-year summary)
Total liabilities¥14.0bnat 2026-03-31Cons.Liabilities
Total liabilities¥12.0bnat 2025-03-31Cons.Liabilities
Net assets / equity¥11.4bnat 2026-03-31Cons.Net assets
Net assets / equity¥15.5bnat 2025-03-31Cons.Net assets
Net assets / equity¥15.2bnat 2024-03-31vCons.Net assets
Net assets / equity¥15.6bnat 2023-03-31vCons.Net assets (5-year summary)
Net assets / equity¥14.6bnat 2022-03-31vCons.Net assets (5-year summary)
Cash and deposits¥8.7bnat 2026-03-31Cons.Cash and deposits
Cash and deposits¥14.1bnat 2025-03-31Cons.Cash and deposits
Cash & equivalents¥8.6bnat 2026-03-31Cons.Cash and cash equivalents
Cash & equivalents¥14.0bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥13.9bnat 2024-03-31vCons.Cash and cash equivalents
Cash & equivalents¥12.3bnat 2023-03-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥10.0bnat 2022-03-31vCons.Cash and cash equivalents (5-year summary)
Operating cash flow−¥701m2025-04-01 → 2026-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥900m2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥2.0bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥2.9bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥1.3bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥399m2025-04-01 → 2026-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥362m2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥97m2023-04-01 → 2024-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥21m2022-04-01 → 2023-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥584m2021-04-01 → 2022-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥4.3bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥371m2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥367m2023-04-01 → 2024-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥601m2022-04-01 → 2023-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥230m2021-04-01 → 2022-03-31vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥71.572025-04-01 → 2026-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥39.862024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥4.92023-04-01 → 2024-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥85.682022-04-01 → 2023-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥22.922021-04-01 → 2022-03-31vCons.Basic earnings loss per share (5-year summary)
Net assets per share¥942.33at 2026-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,007.73at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥995.3at 2024-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥1,017.41at 2023-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥938.05at 2022-03-31vCons.Net assets per share (5-year summary)
Equity ratio44.8%at 2026-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio56.5%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio58.0%at 2024-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio58.2%at 2023-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio56.3%at 2022-03-31vCons.Equity to asset ratio (5-year summary)
ROE7.2%2025-04-01 → 2026-03-31Cons.Rate of return on equity (5-year summary)
ROE4.0%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
ROE0.5%2023-04-01 → 2024-03-31vCons.Rate of return on equity (5-year summary)
ROE8.8%2022-04-01 → 2023-03-31vCons.Rate of return on equity (5-year summary)
ROE2.5%2021-04-01 → 2022-03-31vCons.Rate of return on equity (5-year summary)
Employees463at 2026-03-31Cons.Number of employees
Employees454at 2025-03-31Cons.Number of employees
Employees460at 2024-03-31vCons.Number of employees
Employees450at 2023-03-31vCons.Number of employees
Employees477at 2022-03-31vCons.Number of employees
Revenue¥30.5bn2025-04-01 → 2026-03-31StandaloneNet sales
Revenue¥25.0bn2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥19.0bn2023-04-01 → 2024-03-31vStandaloneNet sales (5-year summary)
Revenue¥25.3bn2022-04-01 → 2023-03-31vStandaloneNet sales (5-year summary)
Revenue¥21.6bn2021-04-01 → 2022-03-31vStandaloneNet sales (5-year summary)
Operating income¥1.2bn2025-04-01 → 2026-03-31StandaloneOperating income
Operating income¥456m2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income¥1.3bn2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income¥551m2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income−¥75m2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥1.6bn2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥452m2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥1.1bn2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax¥532m2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income¥766m2025-04-01 → 2026-03-31StandaloneProfit loss
Net income¥374m2024-04-01 → 2025-03-31StandaloneProfit loss
Net income−¥97m2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income¥1.2bn2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income¥198m2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Total assets¥21.0bnat 2026-03-31StandaloneAssets
Total assets¥23.2bnat 2025-03-31StandaloneAssets
Total assets¥22.1bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥23.8bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥22.5bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥12.4bnat 2026-03-31StandaloneLiabilities
Total liabilities¥10.1bnat 2025-03-31StandaloneLiabilities
Net assets / equity¥8.7bnat 2026-03-31StandaloneNet assets
Net assets / equity¥13.0bnat 2025-03-31StandaloneNet assets
Net assets / equity¥13.0bnat 2024-03-31vStandaloneNet assets
Net assets / equity¥13.5bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥12.6bnat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥5.0bnat 2026-03-31StandaloneCash and deposits
Cash and deposits¥11.0bnat 2025-03-31StandaloneCash and deposits
EPS (basic)¥56.882025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥24.392024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-6.392023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥79.242022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥12.822021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥602025-04-01 → 2026-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥602024-04-01 → 2025-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥262023-04-01 → 2024-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥262022-04-01 → 2023-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥132021-04-01 → 2022-03-31vStandaloneDividend paid per share (5-year summary)
Net assets per share¥718.27at 2026-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥845.35at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥847.51at 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥880.82at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥809.71at 2022-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio41.2%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio56.2%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio58.8%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio56.6%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio55.9%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
ROE7.1%2025-04-01 → 2026-03-31StandaloneRate of return on equity (5-year summary)
ROE2.9%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE-0.7%2023-04-01 → 2024-03-31vStandaloneRate of return on equity (5-year summary)
ROE9.4%2022-04-01 → 2023-03-31vStandaloneRate of return on equity (5-year summary)
ROE1.6%2021-04-01 → 2022-03-31vStandaloneRate of return on equity (5-year summary)
Shares issued13,386,000at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued15,521,000at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued15,521,000at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued15,521,000at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued15,521,000at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees385at 2026-03-31StandaloneNumber of employees
Employees370at 2025-03-31StandaloneNumber of employees
Employees372at 2024-03-31vStandaloneNumber of employees
Employees358at 2023-03-31vStandaloneNumber of employees
Employees384at 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 · 44
SegmentItemPeriodValue
Reconciling Itemsreconcilingdepreciation2025-04-01 → 2026-03-31¥115m
Reconciling Itemsreconcilingrevenue2025-04-01 → 2026-03-31−¥143m
Reconciling Itemsreconcilingrevenue intersegment2025-04-01 → 2026-03-31−¥143m
Construction Relatedreportable segmentemployeesat 2026-03-31173 pure
Construction Relatedreportable segmentrevenue2025-04-01 → 2026-03-31¥25.1bn
Construction Relatedreportable segmentrevenue external2025-04-01 → 2026-03-31¥25.1bn
Engineering Relatedreportable segmentemployeesat 2026-03-31155 pure
Engineering Relatedreportable segmentrevenue2025-04-01 → 2026-03-31¥11.2bn
Engineering Relatedreportable segmentrevenue external2025-04-01 → 2026-03-31¥11.2bn
Side Line Businessreportable segmentdepreciation2025-04-01 → 2026-03-31¥84m
Side Line Businessreportable segmentemployeesat 2026-03-3112 pure
Side Line Businessreportable segmentrevenue2025-04-01 → 2026-03-31¥574m
Side Line Businessreportable segmentrevenue external2025-04-01 → 2026-03-31¥431m
Side Line Businessreportable segmentrevenue intersegment2025-04-01 → 2026-03-31¥143m
—segment totaldepreciation2025-04-01 → 2026-03-31¥84m
—segment totalrevenue2025-04-01 → 2026-03-31¥36.9bn
—segment totalrevenue external2025-04-01 → 2026-03-31¥36.8bn
—segment totalrevenue intersegment2025-04-01 → 2026-03-31¥143m
Total Of Reportable Segments And Otherssegment totaldepreciation2025-04-01 → 2026-03-31¥84m
Total Of Reportable Segments And Otherssegment totalrevenue2025-04-01 → 2026-03-31¥36.9bn
Total Of Reportable Segments And Otherssegment totalrevenue external2025-04-01 → 2026-03-31¥36.8bn
Total Of Reportable Segments And Otherssegment totalrevenue intersegment2025-04-01 → 2026-03-31¥143m
Reconciling Itemsreconcilingdepreciation2024-04-01 → 2025-03-31¥94m
Reconciling Itemsreconcilingrevenue2024-04-01 → 2025-03-31−¥172m
Reconciling Itemsreconcilingrevenue intersegment2024-04-01 → 2025-03-31−¥172m
Construction Relatedreportable segmentrevenue2024-04-01 → 2025-03-31¥23.5bn
Construction Relatedreportable segmentrevenue external2024-04-01 → 2025-03-31¥23.5bn
Engineering Relatedreportable segmentrevenue2024-04-01 → 2025-03-31¥8.3bn
Engineering Relatedreportable segmentrevenue external2024-04-01 → 2025-03-31¥8.3bn
Side Line Businessreportable segmentdepreciation2024-04-01 → 2025-03-31¥77m
Side Line Businessreportable segmentrevenue2024-04-01 → 2025-03-31¥644m
Side Line Businessreportable segmentrevenue external2024-04-01 → 2025-03-31¥472m
Side Line Businessreportable segmentrevenue intersegment2024-04-01 → 2025-03-31¥172m
—segment totaldepreciation2024-04-01 → 2025-03-31¥77m
—segment totalrevenue2024-04-01 → 2025-03-31¥32.4bn
—segment totalrevenue external2024-04-01 → 2025-03-31¥32.3bn
—segment totalrevenue intersegment2024-04-01 → 2025-03-31¥172m
Total Of Reportable Segments And Otherssegment totaldepreciation2024-04-01 → 2025-03-31¥77m
Total Of Reportable Segments And Otherssegment totalrevenue2024-04-01 → 2025-03-31¥32.4bn
Total Of Reportable Segments And Otherssegment totalrevenue external2024-04-01 → 2025-03-31¥32.3bn
Total Of Reportable Segments And Otherssegment totalrevenue intersegment2024-04-01 → 2025-03-31¥172m
Construction Relatedreportable segmentemployeesat 2026-03-31146 pure
Engineering Relatedreportable segmentemployeesat 2026-03-31122 pure
Side Line Businessreportable segmentemployeesat 2026-03-3111 pure

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

All source rows · 1,639
ItemContextValueUnit
Independent auditors report consolidated (text)FilingDateInstantText · Plus
Audit firm1 consolidatedFilingDateInstant
Original text (Japanese)EY新日本有限責任監査法人
Cpa1 audit firm1 consolidatedFilingDateInstant
Original text (Japanese)川  口  宗  夫
Cpa2 audit firm1 consolidatedFilingDateInstant
Original text (Japanese)奥 見 正 浩
Audit opinion consolidated (text)FilingDateInstantText · Plus
Key audit matters consolidated (text)FilingDateInstantText · Plus
Overview kam consolidated (text)FilingDateInstantText · Plus
Short description kam consolidatedFilingDateInstant_Row1Member
Original text (Japanese)一定の期間にわたり収益を認識した完成工事高
Description including reason kam consolidated (text)FilingDateInstant_Row1MemberText · Plus
Reference kam consolidatedFilingDateInstant_Row1Member
Original text (Japanese)(連結財務諸表作成のための基本となる重要な事項)4会計方針に関する事項(5)収益及び費用の計上基準
Auditors response kam consolidated (text)FilingDateInstant_Row1MemberText · Plus
Other information consolidated (text)FilingDateInstantText · Plus
Fee related information consolidated (text)FilingDateInstantText · Plus
Independent auditors report non consolidated (text)FilingDateInstantText · Plus
Audit firm1 non consolidatedFilingDateInstant
Original text (Japanese)EY新日本有限責任監査法人
Cpa1 audit firm1 non consolidatedFilingDateInstant
Original text (Japanese)川  口  宗  夫
Cpa2 audit firm1 non consolidatedFilingDateInstant
Original text (Japanese)奥 見 正 浩
Audit opinion non consolidated (text)FilingDateInstantText · Plus
Key audit matters non consolidated (text)FilingDateInstantText · Plus
Overview kam non consolidated (text)FilingDateInstantText · Plus
Short description kam non consolidatedFilingDateInstant_Row1Member
Original text (Japanese)一定の期間にわたり収益を認識した完成工事高
Same as kam for consolidated fskam non consolidated (text)FilingDateInstant_Row1MemberText · Plus
Reference kam non consolidatedFilingDateInstant_Row1Member
Original text (Japanese)(重要な会計方針)6収益及び費用の計上基準及び(重要な会計上の見積り)
Other information non consolidated (text)FilingDateInstantText · Plus
Fee related information non consolidated (text)FilingDateInstantText · Plus
Number of submissionFilingDateInstant1
Net sales (5-year summary)Prior4YearDuration26660000000JPY
Net sales (5-year summary)Prior3YearDuration30121000000JPY
Net sales (5-year summary)Prior2YearDuration26083000000JPY
Net sales (5-year summary)Prior1YearDuration32264000000JPY
Net sales (5-year summary)CurrentYearDuration36769000000JPY
Ordinary income loss (5-year summary)Prior4YearDuration739000000JPY
Ordinary income loss (5-year summary)Prior3YearDuration1833000000JPY
Ordinary income loss (5-year summary)Prior2YearDuration210000000JPY
Ordinary income loss (5-year summary)Prior1YearDuration968000000JPY
Ordinary income loss (5-year summary)CurrentYearDuration1717000000JPY
Profit loss attributable to owners of parent (5-year summary)Prior4YearDuration355000000JPY
Profit loss attributable to owners of parent (5-year summary)Prior3YearDuration1325000000JPY
Profit loss attributable to owners of parent (5-year summary)Prior2YearDuration75000000JPY
Profit loss attributable to owners of parent (5-year summary)Prior1YearDuration611000000JPY
Profit loss attributable to owners of parent (5-year summary)CurrentYearDuration964000000JPY
Comprehensive income (5-year summary)Prior4YearDuration358000000JPY
Comprehensive income (5-year summary)Prior3YearDuration1318000000JPY
Comprehensive income (5-year summary)Prior2YearDuration64000000JPY
Comprehensive income (5-year summary)Prior1YearDuration600000000JPY
Comprehensive income (5-year summary)CurrentYearDuration981000000JPY
Net assets (5-year summary)Prior4YearInstant14554000000JPY
Net assets (5-year summary)Prior3YearInstant15573000000JPY
Net assets (5-year summary)Prior2YearInstant15245000000JPY
Net assets (5-year summary)Prior1YearInstant15522000000JPY

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 rounding
balance sheet identityconsolidated 2026-03-31pass
balance sheet identitynon_consolidated 2025-03-31pass rounding
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