Annual report

Period2025-04-01 → 2026-03-31
Filed2026-06-22
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 148
MetricValuePeriodScopeSource row
Revenue¥16.3bn2025-04-01 → 2026-03-31Cons.Net sales
Revenue¥14.7bn2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥13.7bn2023-04-01 → 2024-03-31vCons.Net sales (5-year summary)
Revenue¥11.3bn2022-04-01 → 2023-03-31vCons.Net sales (5-year summary)
Revenue¥11.8bn2021-04-01 → 2022-03-31vCons.Net sales (5-year summary)
Operating income¥791m2025-04-01 → 2026-03-31Cons.Operating income
Operating income¥595m2024-04-01 → 2025-03-31Cons.Operating income
Ordinary income¥823m2025-04-01 → 2026-03-31Cons.Ordinary income
Ordinary income¥641m2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income¥464m2023-04-01 → 2024-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥324m2022-04-01 → 2023-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥420m2021-04-01 → 2022-03-31vCons.Ordinary income loss (5-year summary)
Profit before tax¥812m2025-04-01 → 2026-03-31Cons.Income before income taxes
Profit before tax¥624m2024-04-01 → 2025-03-31Cons.Income before income taxes
Net income (owners)¥578m2025-04-01 → 2026-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥394m2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥295m2023-04-01 → 2024-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥199m2022-04-01 → 2023-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥273m2021-04-01 → 2022-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥578m2025-04-01 → 2026-03-31Cons.Profit loss
Net income¥394m2024-04-01 → 2025-03-31Cons.Profit loss
Total assets¥17.2bnat 2026-03-31Cons.Assets
Total assets¥16.2bnat 2025-03-31Cons.Assets
Total assets¥15.6bnat 2024-03-31vCons.Total assets (5-year summary)
Total assets¥15.2bnat 2023-03-31vCons.Total assets (5-year summary)
Total assets¥13.8bnat 2022-03-31vCons.Total assets (5-year summary)
Total liabilities¥8.6bnat 2026-03-31Cons.Liabilities
Total liabilities¥8.3bnat 2025-03-31Cons.Liabilities
Net assets / equity¥8.6bnat 2026-03-31Cons.Net assets
Net assets / equity¥7.9bnat 2025-03-31Cons.Net assets
Net assets / equity¥7.7bnat 2024-03-31vCons.Net assets
Net assets / equity¥7.5bnat 2023-03-31vCons.Net assets (5-year summary)
Net assets / equity¥7.2bnat 2022-03-31vCons.Net assets (5-year summary)
Cash and deposits¥1.4bnat 2026-03-31Cons.Cash and deposits
Cash and deposits¥1.5bnat 2025-03-31Cons.Cash and deposits
Cash & equivalents¥1.4bnat 2026-03-31Cons.Cash and cash equivalents
Cash & equivalents¥1.5bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥1.5bnat 2024-03-31vCons.Cash and cash equivalents
Cash & equivalents¥1.4bnat 2023-03-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥1.4bnat 2022-03-31vCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥341m2025-04-01 → 2026-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥666m2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥1.3bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥225m2022-04-01 → 2023-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥679m2021-04-01 → 2022-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥754m2025-04-01 → 2026-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥311m2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥427m2023-04-01 → 2024-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥736m2022-04-01 → 2023-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥257m2021-04-01 → 2022-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow¥367m2025-04-01 → 2026-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥342m2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥817m2023-04-01 → 2024-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥581m2022-04-01 → 2023-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥388m2021-04-01 → 2022-03-31vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥198.482025-04-01 → 2026-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥135.72024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥101.932023-04-01 → 2024-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥68.612022-04-01 → 2023-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥94.332021-04-01 → 2022-03-31vCons.Basic earnings loss per share (5-year summary)
Net assets per share¥2,956.66at 2026-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥2,725.37at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥2,645.66at 2024-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥2,522.54at 2023-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥2,472.8at 2022-03-31vCons.Net assets per share (5-year summary)
Equity ratio50.1%at 2026-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio48.8%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio49.0%at 2024-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio48.0%at 2023-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio52.0%at 2022-03-31vCons.Equity to asset ratio (5-year summary)
ROE7.0%2025-04-01 → 2026-03-31Cons.Rate of return on equity (5-year summary)
ROE5.1%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
ROE3.9%2023-04-01 → 2024-03-31vCons.Rate of return on equity (5-year summary)
ROE2.7%2022-04-01 → 2023-03-31vCons.Rate of return on equity (5-year summary)
ROE3.9%2021-04-01 → 2022-03-31vCons.Rate of return on equity (5-year summary)
Employees431at 2026-03-31Cons.Number of employees
Employees411at 2025-03-31Cons.Number of employees
Employees400at 2024-03-31vCons.Number of employees
Employees384at 2023-03-31vCons.Number of employees
Employees328at 2022-03-31vCons.Number of employees
Revenue¥13.8bn2025-04-01 → 2026-03-31StandaloneNet sales
Revenue¥12.4bn2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥11.4bn2023-04-01 → 2024-03-31vStandaloneNet sales (5-year summary)
Revenue¥10.7bn2022-04-01 → 2023-03-31vStandaloneNet sales (5-year summary)
Revenue¥11.0bn2021-04-01 → 2022-03-31vStandaloneNet sales (5-year summary)
Operating income¥668m2025-04-01 → 2026-03-31StandaloneOperating income
Operating income¥432m2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income¥756m2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income¥530m2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥346m2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥377m2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥386m2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥743m2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax¥513m2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income¥564m2025-04-01 → 2026-03-31StandaloneProfit loss
Net income¥351m2024-04-01 → 2025-03-31StandaloneProfit loss
Net income¥243m2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income¥258m2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income¥297m2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Total assets¥16.7bnat 2026-03-31StandaloneAssets
Total assets¥15.7bnat 2025-03-31StandaloneAssets
Total assets¥15.2bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥14.5bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥13.4bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥8.3bnat 2026-03-31StandaloneLiabilities
Total liabilities¥7.9bnat 2025-03-31StandaloneLiabilities
Net assets / equity¥8.3bnat 2026-03-31StandaloneNet assets
Net assets / equity¥7.7bnat 2025-03-31StandaloneNet assets
Net assets / equity¥7.5bnat 2024-03-31vStandaloneNet assets
Net assets / equity¥7.2bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥7.0bnat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥921mat 2026-03-31StandaloneCash and deposits
Cash and deposits¥875mat 2025-03-31StandaloneCash and deposits
EPS (basic)¥193.562025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥121.112024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥842023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥89.12022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥102.42021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥552025-04-01 → 2026-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥402024-04-01 → 2025-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥302023-04-01 → 2024-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥252022-04-01 → 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¥2,856.38at 2026-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥2,668.97at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥2,584.36at 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥2,494.56at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥2,410.93at 2022-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio50.0%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio49.4%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio49.3%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio49.9%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio52.3%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
ROE7.0%2025-04-01 → 2026-03-31StandaloneRate of return on equity (5-year summary)
ROE4.6%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE3.3%2023-04-01 → 2024-03-31vStandaloneRate of return on equity (5-year summary)
ROE3.6%2022-04-01 → 2023-03-31vStandaloneRate of return on equity (5-year summary)
ROE4.3%2021-04-01 → 2022-03-31vStandaloneRate of return on equity (5-year summary)
Shares issued3,064,000at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued3,064,000at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued3,064,000at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued3,064,000at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued3,064,000at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees325at 2026-03-31StandaloneNumber of employees
Employees311at 2025-03-31StandaloneNumber of employees
Employees304at 2024-03-31vStandaloneNumber of employees
Employees295at 2023-03-31vStandaloneNumber of employees
Employees279at 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¥1m
Civil Construction Materials Business Unitreportable segmentdepreciation2025-04-01 → 2026-03-31¥362m
Civil Construction Materials Business Unitreportable segmentemployeesat 2026-03-31258 pure
Civil Construction Materials Business Unitreportable segmentrevenue2025-04-01 → 2026-03-31¥11.8bn
Civil Construction Materials Business Unitreportable segmentrevenue external2025-04-01 → 2026-03-31¥11.8bn
Civil Construction Materials Business Unitreportable segmentsegment profit2025-04-01 → 2026-03-31¥769m
Garden And Exterior Business Unitreportable segmentdepreciation2025-04-01 → 2026-03-31¥10m
Garden And Exterior Business Unitreportable segmentemployeesat 2026-03-3125 pure
Garden And Exterior Business Unitreportable segmentrevenue2025-04-01 → 2026-03-31¥1.0bn
Garden And Exterior Business Unitreportable segmentrevenue external2025-04-01 → 2026-03-31¥1.0bn
Garden And Exterior Business Unitreportable segmentsegment profit2025-04-01 → 2026-03-31−¥8m
Landscape Materials Business Unitreportable segmentdepreciation2025-04-01 → 2026-03-31¥206m
Landscape Materials Business Unitreportable segmentemployeesat 2026-03-3195 pure
Landscape Materials Business Unitreportable segmentrevenue2025-04-01 → 2026-03-31¥3.5bn
Landscape Materials Business Unitreportable segmentrevenue external2025-04-01 → 2026-03-31¥3.5bn
Landscape Materials Business Unitreportable segmentsegment profit2025-04-01 → 2026-03-31¥30m
—segment totaldepreciation2025-04-01 → 2026-03-31¥579m
—segment totalemployeesat 2026-03-31378 pure
—segment totalrevenue2025-04-01 → 2026-03-31¥16.3bn
—segment totalrevenue external2025-04-01 → 2026-03-31¥16.3bn
—segment totalsegment profit2025-04-01 → 2026-03-31¥791m
Reconciling Itemsreconcilingdepreciation2024-04-01 → 2025-03-31¥1m
Civil Construction Materials Business Unitreportable segmentdepreciation2024-04-01 → 2025-03-31¥333m
Civil Construction Materials Business Unitreportable segmentrevenue2024-04-01 → 2025-03-31¥10.3bn
Civil Construction Materials Business Unitreportable segmentrevenue external2024-04-01 → 2025-03-31¥10.3bn
Civil Construction Materials Business Unitreportable segmentsegment profit2024-04-01 → 2025-03-31¥486m
Garden And Exterior Business Unitreportable segmentdepreciation2024-04-01 → 2025-03-31¥8m
Garden And Exterior Business Unitreportable segmentrevenue2024-04-01 → 2025-03-31¥900m
Garden And Exterior Business Unitreportable segmentrevenue external2024-04-01 → 2025-03-31¥900m
Garden And Exterior Business Unitreportable segmentsegment profit2024-04-01 → 2025-03-31¥3m
Landscape Materials Business Unitreportable segmentdepreciation2024-04-01 → 2025-03-31¥165m
Landscape Materials Business Unitreportable segmentrevenue2024-04-01 → 2025-03-31¥3.6bn
Landscape Materials Business Unitreportable segmentrevenue external2024-04-01 → 2025-03-31¥3.6bn
Landscape Materials Business Unitreportable segmentsegment profit2024-04-01 → 2025-03-31¥105m
—segment totaldepreciation2024-04-01 → 2025-03-31¥506m
—segment totalrevenue2024-04-01 → 2025-03-31¥14.7bn
—segment totalrevenue external2024-04-01 → 2025-03-31¥14.7bn
—segment totalsegment profit2024-04-01 → 2025-03-31¥595m
Civil Construction Materials Business Unitreportable segmentemployeesat 2026-03-31172 pure
Garden And Exterior Business Unitreportable segmentemployeesat 2026-03-3110 pure
Landscape Materials Business Unitreportable segmentemployeesat 2026-03-3195 pure
—segment totalemployeesat 2026-03-31277 pure

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

All source rows · 1,570
ItemContextValueUnit
Disclosure about fiscal years etc of consolidated subsidiaries (text)CurrentYearDurationText · Plus
Disclosure of accounting policies (text)CurrentYearDurationText · Plus
Significant accounting estimates consolidated financial statements (text)CurrentYearDurationText · Plus
Notes new accounting standards not yet applied consolidated financial statements (text)CurrentYearDurationText · Plus
Notes regarding pledged assets (text)CurrentYearInstantText · Plus
Notes regarding amounts of reduction entry of property plant and equipment (text)CurrentYearInstantText · Plus
Notes regarding amounts of notes and accounts receivable trade and contract assets (text)CurrentYearInstantText · Plus
Notes regarding presentation of inventories and provision for loss on construction contracts (text)CurrentYearInstantText · Plus
Notes regarding amount of contract liabilities (text)CurrentYearInstantText · Plus
Notes regarding amount of revenue from contracts with customers (text)CurrentYearDurationText · Plus
Major components of selling general and administrative expenses (text)CurrentYearDurationText · Plus
Research and development expenses included in general and administrative expenses and manufacturing cost for current period (text)CurrentYearDurationText · Plus
Notes regarding gain on sales of property plant and equipment (text)CurrentYearDurationText · Plus
Notes regarding loss on sales of property plant and equipment (text)CurrentYearDurationText · Plus
Notes regarding loss on disposal of property plant and equipment (text)CurrentYearDurationText · Plus
Notes regarding loss on construction contracts (text)CurrentYearDurationText · Plus
Notes regarding cost of sales (text)CurrentYearDurationText · Plus
Notes regarding reclassification adjustments income taxes and tax effects relating to other comprehensive income (text)CurrentYearDurationText · Plus
Notes regarding issued shares and treasury shares (text)Prior1YearDurationText · Plus
Notes regarding dividend (text)Prior1YearDurationText · Plus
Notes regarding issued shares and treasury shares (text)CurrentYearDurationText · Plus
Notes regarding dividend (text)CurrentYearDurationText · Plus
Reconciliation of ending balance of cash and cash equivalents with account balances per balance sheet (text)CurrentYearDurationText · Plus
Description of significant transactions not requiring use of cash or cash equivalents (text)CurrentYearDurationText · Plus
Notes leases consolidated financial statements (text)CurrentYearDurationText · Plus
Notes financial instruments consolidated financial statements (text)CurrentYearDurationText · Plus
Notes securities consolidated financial statements (text)CurrentYearDurationText · Plus
Notes retirement benefits consolidated financial statements (text)CurrentYearDurationText · Plus
Notes tax effect accounting consolidated financial statements (text)CurrentYearDurationText · Plus
Notes real estate for lease etc consolidated financial statements (text)CurrentYearDurationText · Plus
Notes revenue recognition consolidated financial statements (text)CurrentYearDurationText · Plus
Notes segment information etc consolidated financial statements (text)CurrentYearDurationText · Plus
Description of reportable segments (text)CurrentYearDurationText · Plus
Explanation of measurements of sales profit loss asset liability and other items for each reportable segment (text)CurrentYearDurationText · Plus
Footnotes regarding segment information table (text)Prior1YearDurationText · Plus
Footnotes regarding segment information table (text)CurrentYearDurationText · Plus
Information for each product or service (text)CurrentYearDurationText · Plus
Revenues from external customers information for each region (text)CurrentYearDurationText · Plus
Property plant and equipment information for each region (text)CurrentYearDurationText · Plus
Information for each of main customers (text)CurrentYearDurationText · Plus
Notes related parties consolidated financial statements (text)CurrentYearDurationText · Plus
Notes per share information consolidated financial statements (text)CurrentYearDurationText · Plus
Notes significant events after reporting period consolidated financial statements (text)CurrentYearDurationText · Plus
Annexed consolidated detailed schedule of corporate bonds (text)CurrentYearDurationText · Plus
Annexed consolidated detailed schedule of borrowings (text)CurrentYearDurationText · Plus
Annexed consolidated detailed schedule of asset retirement obligations (text)CurrentYearDurationText · Plus
Other information consolidated financial statements etc (text)CurrentYearDurationText · Plus
Balance sheet (text)CurrentYearDurationText · Plus
Statement of income (text)CurrentYearDurationText · Plus
Statement of changes in equity (text)CurrentYearDurationText · Plus

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 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