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¥29.7bn2025-04-01 → 2026-03-31Cons.Net sales
Revenue¥28.4bn2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥24.9bn2023-04-01 → 2024-03-31vCons.Net sales (5-year summary)
Revenue¥27.1bn2022-04-01 → 2023-03-31vCons.Net sales (5-year summary)
Revenue¥24.3bn2021-04-01 → 2022-03-31vCons.Net sales (5-year summary)
Operating income¥12.2bn2025-04-01 → 2026-03-31Cons.Operating income
Operating income¥10.5bn2024-04-01 → 2025-03-31Cons.Operating income
Ordinary income¥12.4bn2025-04-01 → 2026-03-31Cons.Ordinary income
Ordinary income¥10.9bn2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income¥8.2bn2023-04-01 → 2024-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥9.4bn2022-04-01 → 2023-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥9.2bn2021-04-01 → 2022-03-31vCons.Ordinary income loss (5-year summary)
Profit before tax¥12.6bn2025-04-01 → 2026-03-31Cons.Income before income taxes
Profit before tax¥11.0bn2024-04-01 → 2025-03-31Cons.Income before income taxes
Net income (owners)¥9.1bn2025-04-01 → 2026-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥7.5bn2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥5.5bn2023-04-01 → 2024-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥6.0bn2022-04-01 → 2023-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥6.4bn2021-04-01 → 2022-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥9.1bn2025-04-01 → 2026-03-31Cons.Profit loss
Net income¥7.5bn2024-04-01 → 2025-03-31Cons.Profit loss
Total assets¥62.7bnat 2026-03-31Cons.Assets
Total assets¥54.8bnat 2025-03-31Cons.Assets
Total assets¥49.6bnat 2024-03-31vCons.Total assets (5-year summary)
Total assets¥44.9bnat 2023-03-31vCons.Total assets (5-year summary)
Total assets¥40.9bnat 2022-03-31vCons.Total assets (5-year summary)
Total liabilities¥8.1bnat 2026-03-31Cons.Liabilities
Total liabilities¥7.0bnat 2025-03-31Cons.Liabilities
Net assets / equity¥54.6bnat 2026-03-31Cons.Net assets
Net assets / equity¥47.8bnat 2025-03-31Cons.Net assets
Net assets / equity¥42.3bnat 2024-03-31vCons.Net assets
Net assets / equity¥37.9bnat 2023-03-31vCons.Net assets (5-year summary)
Net assets / equity¥33.2bnat 2022-03-31vCons.Net assets (5-year summary)
Cash and deposits¥24.2bnat 2026-03-31Cons.Cash and deposits
Cash and deposits¥26.0bnat 2025-03-31Cons.Cash and deposits
Cash & equivalents¥22.0bnat 2026-03-31Cons.Cash and cash equivalents
Cash & equivalents¥24.8bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥24.6bnat 2024-03-31vCons.Cash and cash equivalents
Cash & equivalents¥22.0bnat 2023-03-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥16.8bnat 2022-03-31vCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥9.0bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥8.4bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥6.0bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥7.8bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥5.1bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥8.3bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥5.2bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥781m2023-04-01 → 2024-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥324m2022-04-01 → 2023-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow¥1.0bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥3.6bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥3.6bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥3.1bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥2.9bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥2.9bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥365.742025-04-01 → 2026-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥297.712024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥216.952023-04-01 → 2024-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥232.622022-04-01 → 2023-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥243.822021-04-01 → 2022-03-31vCons.Basic earnings loss per share (5-year summary)
Net assets per share¥2,216.41at 2026-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,918.56at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,667.82at 2024-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥1,477.42at 2023-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥1,278.91at 2022-03-31vCons.Net assets per share (5-year summary)
Equity ratio87.1%at 2026-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio87.2%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio85.1%at 2024-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio84.3%at 2023-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio81.1%at 2022-03-31vCons.Equity to asset ratio (5-year summary)
ROE17.7%2025-04-01 → 2026-03-31Cons.Rate of return on equity (5-year summary)
ROE16.7%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
ROE13.8%2023-04-01 → 2024-03-31vCons.Rate of return on equity (5-year summary)
ROE16.9%2022-04-01 → 2023-03-31vCons.Rate of return on equity (5-year summary)
ROE20.9%2021-04-01 → 2022-03-31vCons.Rate of return on equity (5-year summary)
Employees567at 2026-03-31Cons.Number of employees
Employees550at 2025-03-31Cons.Number of employees
Employees538at 2024-03-31vCons.Number of employees
Employees544at 2023-03-31vCons.Number of employees
Employees548at 2022-03-31vCons.Number of employees
Revenue¥16.5bn2025-04-01 → 2026-03-31StandaloneNet sales
Revenue¥16.0bn2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥13.8bn2023-04-01 → 2024-03-31vStandaloneNet sales (5-year summary)
Revenue¥12.7bn2022-04-01 → 2023-03-31vStandaloneNet sales (5-year summary)
Revenue¥12.7bn2021-04-01 → 2022-03-31vStandaloneNet sales (5-year summary)
Operating income¥6.0bn2025-04-01 → 2026-03-31StandaloneOperating income
Operating income¥5.1bn2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income¥11.0bn2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income¥10.5bn2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥8.3bn2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥7.6bn2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥7.3bn2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥11.0bn2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax¥10.1bn2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income¥9.1bn2025-04-01 → 2026-03-31StandaloneProfit loss
Net income¥8.1bn2024-04-01 → 2025-03-31StandaloneProfit loss
Net income¥6.5bn2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income¥5.9bn2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income¥6.0bn2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Total assets¥47.2bnat 2026-03-31StandaloneAssets
Total assets¥40.7bnat 2025-03-31StandaloneAssets
Total assets¥36.8bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥32.2bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥29.6bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥4.3bnat 2026-03-31StandaloneLiabilities
Total liabilities¥3.9bnat 2025-03-31StandaloneLiabilities
Net assets / equity¥42.8bnat 2026-03-31StandaloneNet assets
Net assets / equity¥36.9bnat 2025-03-31StandaloneNet assets
Net assets / equity¥32.1bnat 2024-03-31vStandaloneNet assets
Net assets / equity¥28.1bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥24.8bnat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥11.4bnat 2026-03-31StandaloneCash and deposits
Cash and deposits¥13.6bnat 2025-03-31StandaloneCash and deposits
EPS (basic)¥367.162025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥322.012024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥255.922023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥229.262022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥231.372021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥952025-04-01 → 2026-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥762024-04-01 → 2025-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥702023-04-01 → 2024-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥662022-04-01 → 2023-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥572021-04-01 → 2022-03-31vStandaloneDividend paid per share (5-year summary)
Net assets per share¥1,739.94at 2026-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,479.3at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,268.21at 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥1,096.58at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥956.38at 2022-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio90.8%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio90.5%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio87.3%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio87.2%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio83.9%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
ROE22.9%2025-04-01 → 2026-03-31StandaloneRate of return on equity (5-year summary)
ROE23.5%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE21.7%2023-04-01 → 2024-03-31vStandaloneRate of return on equity (5-year summary)
ROE22.4%2022-04-01 → 2023-03-31vStandaloneRate of return on equity (5-year summary)
ROE26.0%2021-04-01 → 2022-03-31vStandaloneRate of return on equity (5-year summary)
Shares issued26,219,000at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued26,529,000at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued26,941,000at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued27,235,000at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued27,541,000at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees250at 2026-03-31StandaloneNumber of employees
Employees242at 2025-03-31StandaloneNumber of employees
Employees235at 2024-03-31vStandaloneNumber of employees
Employees238at 2023-03-31vStandaloneNumber of employees
Employees242at 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 · 34
SegmentItemPeriodValue
Reconciling Itemsreconcilingdepreciation2025-04-01 → 2026-03-31¥14m
Reconciling Itemsreconcilingsegment profit2025-04-01 → 2026-03-31−¥973m
Chemical Businessreportable segmentdepreciation2025-04-01 → 2026-03-31¥977m
Chemical Businessreportable segmentemployeesat 2026-03-31505 pure
Chemical Businessreportable segmentrevenue2025-04-01 → 2026-03-31¥26.9bn
Chemical Businessreportable segmentrevenue external2025-04-01 → 2026-03-31¥26.9bn
Chemical Businessreportable segmentsegment profit2025-04-01 → 2026-03-31¥12.7bn
Equipment Businessreportable segmentdepreciation2025-04-01 → 2026-03-31¥20m
Equipment Businessreportable segmentemployeesat 2026-03-3125 pure
Equipment Businessreportable segmentrevenue2025-04-01 → 2026-03-31¥2.7bn
Equipment Businessreportable segmentrevenue external2025-04-01 → 2026-03-31¥2.7bn
Equipment Businessreportable segmentsegment profit2025-04-01 → 2026-03-31¥413m
—segment totaldepreciation2025-04-01 → 2026-03-31¥998m
—segment totalemployeesat 2026-03-31530 pure
—segment totalrevenue2025-04-01 → 2026-03-31¥29.7bn
—segment totalrevenue external2025-04-01 → 2026-03-31¥29.7bn
—segment totalsegment profit2025-04-01 → 2026-03-31¥13.1bn
Reconciling Itemsreconcilingdepreciation2024-04-01 → 2025-03-31¥17m
Reconciling Itemsreconcilingsegment profit2024-04-01 → 2025-03-31−¥907m
Chemical Businessreportable segmentdepreciation2024-04-01 → 2025-03-31¥826m
Chemical Businessreportable segmentrevenue2024-04-01 → 2025-03-31¥24.2bn
Chemical Businessreportable segmentrevenue external2024-04-01 → 2025-03-31¥24.2bn
Chemical Businessreportable segmentsegment profit2024-04-01 → 2025-03-31¥10.7bn
Equipment Businessreportable segmentdepreciation2024-04-01 → 2025-03-31¥22m
Equipment Businessreportable segmentrevenue2024-04-01 → 2025-03-31¥4.2bn
Equipment Businessreportable segmentrevenue external2024-04-01 → 2025-03-31¥4.2bn
Equipment Businessreportable segmentsegment profit2024-04-01 → 2025-03-31¥740m
—segment totaldepreciation2024-04-01 → 2025-03-31¥849m
—segment totalrevenue2024-04-01 → 2025-03-31¥28.4bn
—segment totalrevenue external2024-04-01 → 2025-03-31¥28.4bn
—segment totalsegment profit2024-04-01 → 2025-03-31¥11.4bn
Chemical Businessreportable segmentemployeesat 2026-03-31188 pure
Equipment Businessreportable segmentemployeesat 2026-03-3125 pure
—segment totalemployeesat 2026-03-31213 pure

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

All source rows · 1,554
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)林 美 岐
Cpa2 audit firm1 consolidatedFilingDateInstant
Original text (Japanese)大 島 崇 行
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)表面処理薬品売上の計上時期の妥当性
Description including reason kam consolidated (text)FilingDateInstant_Row1MemberText · Plus
Reference kam consolidatedFilingDateInstant_Row1Member
Original text (Japanese)(収益認識関係)
Reference2 kam consolidatedFilingDateInstant_Row1Member
Original text (Japanese)注記事項(連結財務諸表作成のための基本となる重要な事項)
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)林 美 岐
Cpa2 audit firm1 non consolidatedFilingDateInstant
Original text (Japanese)大 島 崇 行
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)表面処理薬品売上の計上時期の妥当性
Same as kam for consolidated fskam non consolidated (text)FilingDateInstant_Row1MemberText · Plus
Other information non consolidated (text)FilingDateInstantText · Plus
Fee related information non consolidated (text)FilingDateInstantText · Plus
Number of submissionFilingDateInstant1
Net sales (5-year summary)Prior4YearDuration24256000000JPY
Net sales (5-year summary)Prior3YearDuration27137000000JPY
Net sales (5-year summary)Prior2YearDuration24859000000JPY
Net sales (5-year summary)Prior1YearDuration28356000000JPY
Net sales (5-year summary)CurrentYearDuration29672000000JPY
Ordinary income loss (5-year summary)Prior4YearDuration9231000000JPY
Ordinary income loss (5-year summary)Prior3YearDuration9369000000JPY
Ordinary income loss (5-year summary)Prior2YearDuration8216000000JPY
Ordinary income loss (5-year summary)Prior1YearDuration10920000000JPY
Ordinary income loss (5-year summary)CurrentYearDuration12447000000JPY
Profit loss attributable to owners of parent (5-year summary)Prior4YearDuration6370000000JPY
Profit loss attributable to owners of parent (5-year summary)Prior3YearDuration6013000000JPY
Profit loss attributable to owners of parent (5-year summary)Prior2YearDuration5530000000JPY
Profit loss attributable to owners of parent (5-year summary)Prior1YearDuration7497000000JPY
Profit loss attributable to owners of parent (5-year summary)CurrentYearDuration9074000000JPY
Comprehensive income (5-year summary)Prior4YearDuration8315000000JPY
Comprehensive income (5-year summary)Prior3YearDuration7308000000JPY
Comprehensive income (5-year summary)Prior2YearDuration7104000000JPY
Comprehensive income (5-year summary)Prior1YearDuration8853000000JPY
Comprehensive income (5-year summary)CurrentYearDuration10212000000JPY
Net assets (5-year summary)Prior4YearInstant33166000000JPY
Net assets (5-year summary)Prior3YearInstant37861000000JPY
Net assets (5-year summary)Prior2YearInstant42250000000JPY
Net assets (5-year summary)Prior1YearInstant47812000000JPY

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 rounding
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