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¥26.9bn2025-04-01 → 2026-03-31Cons.Net sales
Revenue¥25.0bn2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥22.6bn2023-04-01 → 2024-03-31vCons.Net sales (5-year summary)
Revenue¥24.5bn2022-04-01 → 2023-03-31vCons.Net sales (5-year summary)
Revenue¥21.1bn2021-04-01 → 2022-03-31vCons.Net sales (5-year summary)
Operating income¥505m2025-04-01 → 2026-03-31Cons.Operating income
Operating income¥560m2024-04-01 → 2025-03-31Cons.Operating income
Ordinary income¥725m2025-04-01 → 2026-03-31Cons.Ordinary income
Ordinary income¥758m2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income¥652m2023-04-01 → 2024-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥674m2022-04-01 → 2023-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥475m2021-04-01 → 2022-03-31vCons.Ordinary income loss (5-year summary)
Profit before tax¥725m2025-04-01 → 2026-03-31Cons.Income before income taxes
Profit before tax¥758m2024-04-01 → 2025-03-31Cons.Income before income taxes
Net income (owners)¥557m2025-04-01 → 2026-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥527m2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥492m2023-04-01 → 2024-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥485m2022-04-01 → 2023-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥579m2021-04-01 → 2022-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥557m2025-04-01 → 2026-03-31Cons.Profit loss
Net income¥527m2024-04-01 → 2025-03-31Cons.Profit loss
Total assets¥17.8bnat 2026-03-31Cons.Assets
Total assets¥17.1bnat 2025-03-31Cons.Assets
Total assets¥16.8bnat 2024-03-31vCons.Total assets (5-year summary)
Total assets¥14.8bnat 2023-03-31vCons.Total assets (5-year summary)
Total assets¥14.5bnat 2022-03-31vCons.Total assets (5-year summary)
Total liabilities¥8.4bnat 2026-03-31Cons.Liabilities
Total liabilities¥8.2bnat 2025-03-31Cons.Liabilities
Net assets / equity¥9.4bnat 2026-03-31Cons.Net assets
Net assets / equity¥8.9bnat 2025-03-31Cons.Net assets
Net assets / equity¥8.1bnat 2024-03-31vCons.Net assets
Net assets / equity¥7.4bnat 2023-03-31vCons.Net assets (5-year summary)
Net assets / equity¥7.0bnat 2022-03-31vCons.Net assets (5-year summary)
Cash and deposits¥1.5bnat 2026-03-31Cons.Cash and deposits
Cash and deposits¥1.9bnat 2025-03-31Cons.Cash and deposits
Cash & equivalents¥1.5bnat 2026-03-31Cons.Cash and cash equivalents
Cash & equivalents¥1.6bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥1.9bnat 2024-03-31vCons.Cash and cash equivalents
Cash & equivalents¥1.3bnat 2023-03-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥913mat 2022-03-31vCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥104m2025-04-01 → 2026-03-31Cons.Net cash provided by used in operating activities
Operating cash flow−¥172m2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥818m2023-04-01 → 2024-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥645m2022-04-01 → 2023-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥398m2021-04-01 → 2022-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow¥317m2025-04-01 → 2026-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥21m2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥18m2023-04-01 → 2024-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥30m2022-04-01 → 2023-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow¥383m2021-04-01 → 2022-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥583m2025-04-01 → 2026-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥129m2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥172m2023-04-01 → 2024-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥269m2022-04-01 → 2023-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥62m2021-04-01 → 2022-03-31vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥162.922025-04-01 → 2026-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥154.782024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥144.752023-04-01 → 2024-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥141.832022-04-01 → 2023-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥167.292021-04-01 → 2022-03-31vCons.Basic earnings loss per share (5-year summary)
Net assets per share¥2,749.72at 2026-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥2,619.85at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥2,392.07at 2024-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥2,172.26at 2023-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥2,011.64at 2022-03-31vCons.Net assets per share (5-year summary)
Equity ratio52.9%at 2026-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio52.3%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio48.4%at 2024-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio49.8%at 2023-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio48.0%at 2022-03-31vCons.Equity to asset ratio (5-year summary)
ROE6.1%2025-04-01 → 2026-03-31Cons.Rate of return on equity (5-year summary)
ROE6.2%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
ROE6.3%2023-04-01 → 2024-03-31vCons.Rate of return on equity (5-year summary)
ROE6.8%2022-04-01 → 2023-03-31vCons.Rate of return on equity (5-year summary)
ROE7.9%2021-04-01 → 2022-03-31vCons.Rate of return on equity (5-year summary)
Employees80at 2026-03-31Cons.Number of employees
Employees77at 2025-03-31Cons.Number of employees
Employees76at 2024-03-31vCons.Number of employees
Employees76at 2023-03-31vCons.Number of employees
Employees74at 2022-03-31vCons.Number of employees
Revenue¥26.0bn2025-04-01 → 2026-03-31StandaloneNet sales
Revenue¥24.0bn2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥21.8bn2023-04-01 → 2024-03-31vStandaloneNet sales (5-year summary)
Revenue¥23.4bn2022-04-01 → 2023-03-31vStandaloneNet sales (5-year summary)
Revenue¥20.5bn2021-04-01 → 2022-03-31vStandaloneNet sales (5-year summary)
Operating income¥463m2025-04-01 → 2026-03-31StandaloneOperating income
Operating income¥506m2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income¥702m2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income¥715m2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥627m2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥594m2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥458m2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥702m2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax¥715m2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income¥547m2025-04-01 → 2026-03-31StandaloneProfit loss
Net income¥496m2024-04-01 → 2025-03-31StandaloneProfit loss
Net income¥476m2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income¥416m2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income¥571m2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Total assets¥17.3bnat 2026-03-31StandaloneAssets
Total assets¥16.6bnat 2025-03-31StandaloneAssets
Total assets¥16.5bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥14.4bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥14.3bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥8.3bnat 2026-03-31StandaloneLiabilities
Total liabilities¥8.1bnat 2025-03-31StandaloneLiabilities
Net assets / equity¥9.0bnat 2026-03-31StandaloneNet assets
Net assets / equity¥8.5bnat 2025-03-31StandaloneNet assets
Net assets / equity¥7.9bnat 2024-03-31vStandaloneNet assets
Net assets / equity¥7.2bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥6.9bnat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥852mat 2026-03-31StandaloneCash and deposits
Cash and deposits¥1.4bnat 2025-03-31StandaloneCash and deposits
EPS (basic)¥160.062025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥145.712024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥139.992023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥121.752022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥165.182021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥462025-04-01 → 2026-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥392024-04-01 → 2025-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥382023-04-01 → 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¥422021-04-01 → 2022-03-31vStandaloneDividend paid per share (5-year summary)
Net assets per share¥2,620.37at 2026-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥2,506.68at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥2,310.82at 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥2,109.53at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥1,984.19at 2022-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio51.9%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio51.4%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio47.6%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio49.5%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio48.0%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
ROE6.2%2025-04-01 → 2026-03-31StandaloneRate of return on equity (5-year summary)
ROE6.1%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE6.3%2023-04-01 → 2024-03-31vStandaloneRate of return on equity (5-year summary)
ROE5.9%2022-04-01 → 2023-03-31vStandaloneRate of return on equity (5-year summary)
ROE7.9%2021-04-01 → 2022-03-31vStandaloneRate of return on equity (5-year summary)
Shares issued3,579,105at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued3,579,105at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued3,579,105at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued3,579,105at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued3,579,105at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees60at 2026-03-31StandaloneNumber of employees
Employees59at 2025-03-31StandaloneNumber of employees
Employees57at 2024-03-31vStandaloneNumber of employees
Employees58at 2023-03-31vStandaloneNumber of employees
Employees57at 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 · 42
SegmentItemPeriodValue
Reconciling Itemsreconcilingdepreciation2025-04-01 → 2026-03-31¥10m
Reconciling Itemsreconcilingrevenue2025-04-01 → 2026-03-31−¥3m
Reconciling Itemsreconcilingrevenue intersegment2025-04-01 → 2026-03-31−¥3m
Reconciling Itemsreconcilingsegment profit2025-04-01 → 2026-03-31−¥170m
Chemical Productsreportable segmentemployeesat 2026-03-3151 pure
Chemical Productsreportable segmentrevenue2025-04-01 → 2026-03-31¥24.9bn
Chemical Productsreportable segmentrevenue external2025-04-01 → 2026-03-31¥24.9bn
Chemical Productsreportable segmentrevenue intersegment2025-04-01 → 2026-03-31¥3m
Chemical Productsreportable segmentsegment profit2025-04-01 → 2026-03-31¥630m
Commodity Productsreportable segmentemployeesat 2026-03-315 pure
Commodity Productsreportable segmentrevenue2025-04-01 → 2026-03-31¥727m
Commodity Productsreportable segmentrevenue external2025-04-01 → 2026-03-31¥727m
Commodity Productsreportable segmentsegment profit2025-04-01 → 2026-03-31¥50m
Engineering And Construction Materialsreportable segmentemployeesat 2026-03-314 pure
Engineering And Construction Materialsreportable segmentrevenue2025-04-01 → 2026-03-31¥1.3bn
Engineering And Construction Materialsreportable segmentrevenue external2025-04-01 → 2026-03-31¥1.3bn
Engineering And Construction Materialsreportable segmentsegment profit2025-04-01 → 2026-03-31−¥5m
—segment totalrevenue2025-04-01 → 2026-03-31¥26.9bn
—segment totalrevenue external2025-04-01 → 2026-03-31¥26.9bn
—segment totalrevenue intersegment2025-04-01 → 2026-03-31¥3m
—segment totalsegment profit2025-04-01 → 2026-03-31¥675m
Reconciling Itemsreconcilingdepreciation2024-04-01 → 2025-03-31¥9m
Reconciling Itemsreconcilingrevenue2024-04-01 → 2025-03-31−¥3m
Reconciling Itemsreconcilingrevenue intersegment2024-04-01 → 2025-03-31−¥3m
Reconciling Itemsreconcilingsegment profit2024-04-01 → 2025-03-31−¥164m
Chemical Productsreportable segmentrevenue2024-04-01 → 2025-03-31¥22.9bn
Chemical Productsreportable segmentrevenue external2024-04-01 → 2025-03-31¥22.9bn
Chemical Productsreportable segmentrevenue intersegment2024-04-01 → 2025-03-31¥3m
Chemical Productsreportable segmentsegment profit2024-04-01 → 2025-03-31¥643m
Commodity Productsreportable segmentrevenue2024-04-01 → 2025-03-31¥799m
Commodity Productsreportable segmentrevenue external2024-04-01 → 2025-03-31¥799m
Commodity Productsreportable segmentsegment profit2024-04-01 → 2025-03-31¥75m
Engineering And Construction Materialsreportable segmentrevenue2024-04-01 → 2025-03-31¥1.3bn
Engineering And Construction Materialsreportable segmentrevenue external2024-04-01 → 2025-03-31¥1.3bn
Engineering And Construction Materialsreportable segmentsegment profit2024-04-01 → 2025-03-31¥7m
—segment totalrevenue2024-04-01 → 2025-03-31¥25.0bn
—segment totalrevenue external2024-04-01 → 2025-03-31¥25.0bn
—segment totalrevenue intersegment2024-04-01 → 2025-03-31¥3m
—segment totalsegment profit2024-04-01 → 2025-03-31¥724m
Chemical Productsreportable segmentemployeesat 2026-03-3131 pure
Commodity Productsreportable segmentemployeesat 2026-03-315 pure
Engineering And Construction Materialsreportable segmentemployeesat 2026-03-314 pure

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

All source rows · 1,521
ItemContextValueUnit
Net assets per share (5-year summary)Prior4YearInstant_NonConsolidatedMember1984.19
Net assets per share (5-year summary)Prior3YearInstant_NonConsolidatedMember2109.53
Net assets per share (5-year summary)Prior2YearInstant_NonConsolidatedMember2310.82
Net assets per share (5-year summary)Prior1YearInstant_NonConsolidatedMember2506.68
Net assets per share (5-year summary)CurrentYearInstant_NonConsolidatedMember2620.37
Dividend paid per share (5-year summary)Prior4YearDuration_NonConsolidatedMember42.00
Dividend paid per share (5-year summary)Prior3YearDuration_NonConsolidatedMember36.00
Dividend paid per share (5-year summary)Prior2YearDuration_NonConsolidatedMember38.00
Dividend paid per share (5-year summary)Prior1YearDuration_NonConsolidatedMember39.00
Dividend paid per share (5-year summary)CurrentYearDuration_NonConsolidatedMember46.00
Interim dividend paid per share (5-year summary)Prior4YearDuration_NonConsolidatedMember-
Interim dividend paid per share (5-year summary)Prior3YearDuration_NonConsolidatedMember-
Interim dividend paid per share (5-year summary)Prior2YearDuration_NonConsolidatedMember-
Interim dividend paid per share (5-year summary)Prior1YearDuration_NonConsolidatedMember-
Interim dividend paid per share (5-year summary)CurrentYearDuration_NonConsolidatedMember-
Basic earnings loss per share (5-year summary)Prior4YearDuration_NonConsolidatedMember165.18
Basic earnings loss per share (5-year summary)Prior3YearDuration_NonConsolidatedMember121.75
Basic earnings loss per share (5-year summary)Prior2YearDuration_NonConsolidatedMember139.99
Basic earnings loss per share (5-year summary)Prior1YearDuration_NonConsolidatedMember145.71
Basic earnings loss per share (5-year summary)CurrentYearDuration_NonConsolidatedMember160.06
Diluted earnings per share (5-year summary)Prior4YearDuration_NonConsolidatedMember-
Diluted earnings per share (5-year summary)Prior3YearDuration_NonConsolidatedMember-
Diluted earnings per share (5-year summary)Prior2YearDuration_NonConsolidatedMember-
Diluted earnings per share (5-year summary)Prior1YearDuration_NonConsolidatedMember-
Diluted earnings per share (5-year summary)CurrentYearDuration_NonConsolidatedMember-
Equity to asset ratio (5-year summary)Prior4YearInstant_NonConsolidatedMember0.480
Equity to asset ratio (5-year summary)Prior3YearInstant_NonConsolidatedMember0.495
Equity to asset ratio (5-year summary)Prior2YearInstant_NonConsolidatedMember0.476
Equity to asset ratio (5-year summary)Prior1YearInstant_NonConsolidatedMember0.514
Equity to asset ratio (5-year summary)CurrentYearInstant_NonConsolidatedMember0.519
Rate of return on equity (5-year summary)Prior4YearDuration_NonConsolidatedMember0.079
Rate of return on equity (5-year summary)Prior3YearDuration_NonConsolidatedMember0.059
Rate of return on equity (5-year summary)Prior2YearDuration_NonConsolidatedMember0.063
Rate of return on equity (5-year summary)Prior1YearDuration_NonConsolidatedMember0.061
Rate of return on equity (5-year summary)CurrentYearDuration_NonConsolidatedMember0.062
Price earnings ratio (5-year summary)Prior4YearDuration_NonConsolidatedMember6.4
Price earnings ratio (5-year summary)Prior3YearDuration_NonConsolidatedMember8.1
Price earnings ratio (5-year summary)Prior2YearDuration_NonConsolidatedMember10.0
Price earnings ratio (5-year summary)Prior1YearDuration_NonConsolidatedMember11.3
Price earnings ratio (5-year summary)CurrentYearDuration_NonConsolidatedMember9.7
Payout ratio (5-year summary)Prior4YearDuration_NonConsolidatedMember0.254
Payout ratio (5-year summary)Prior3YearDuration_NonConsolidatedMember0.296
Payout ratio (5-year summary)Prior2YearDuration_NonConsolidatedMember0.271
Payout ratio (5-year summary)Prior1YearDuration_NonConsolidatedMember0.268
Payout ratio (5-year summary)CurrentYearDuration_NonConsolidatedMember0.287
Number of employeesPrior4YearInstant_NonConsolidatedMember57
Number of employeesPrior3YearInstant_NonConsolidatedMember58
Number of employeesPrior2YearInstant_NonConsolidatedMember57
Number of employeesPrior1YearInstant_NonConsolidatedMember59
Number of employeesCurrentYearInstant_NonConsolidatedMember60

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