Annual report

Period2023-04-01 → 2024-03-31
Filed2024-06-21
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed

Amended by S100W37L (2025-06-24).

Key figures · 146
MetricValuePeriodScopeSource row
Revenue¥36.6bn2023-04-01 → 2024-03-31Cons.Net sales
Revenue¥44.6bn2022-04-01 → 2023-03-31Cons.Net sales
Revenue¥41.7bn2021-04-01 → 2022-03-31dCons.Net sales (5-year summary)
Revenue¥31.5bn2020-04-01 → 2021-03-31dCons.Net sales (5-year summary)
Revenue¥37.3bn2019-04-01 → 2020-03-31dCons.Net sales (5-year summary)
Operating income−¥1.6bn2023-04-01 → 2024-03-31Cons.Operating income
Operating income¥821m2022-04-01 → 2023-03-31Cons.Operating income
Ordinary income−¥1.6bn2023-04-01 → 2024-03-31Cons.Ordinary income
Ordinary income¥866m2022-04-01 → 2023-03-31Cons.Ordinary income
Ordinary income¥583m2021-04-01 → 2022-03-31dCons.Ordinary income loss (5-year summary)
Ordinary income−¥1.8bn2020-04-01 → 2021-03-31dCons.Ordinary income loss (5-year summary)
Ordinary income¥62m2019-04-01 → 2020-03-31dCons.Ordinary income loss (5-year summary)
Profit before tax¥8.2bn2023-04-01 → 2024-03-31Cons.Income before income taxes
Profit before tax−¥63m2022-04-01 → 2023-03-31Cons.Income before income taxes
Net income (owners)¥6.6bn2023-04-01 → 2024-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)−¥150m2022-04-01 → 2023-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥417m2021-04-01 → 2022-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥6.4bn2020-04-01 → 2021-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥49m2019-04-01 → 2020-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥6.6bn2023-04-01 → 2024-03-31Cons.Profit loss
Net income−¥150m2022-04-01 → 2023-03-31Cons.Profit loss
Total assets¥39.0bnat 2024-03-31Cons.Assets
Total assets¥42.0bnat 2023-03-31Cons.Assets
Total assets¥39.3bnat 2022-03-31dCons.Total assets (5-year summary)
Total assets¥37.3bnat 2021-03-31dCons.Total assets (5-year summary)
Total assets¥47.2bnat 2020-03-31dCons.Total assets (5-year summary)
Total liabilities¥17.2bnat 2024-03-31Cons.Liabilities
Total liabilities¥26.9bnat 2023-03-31Cons.Liabilities
Net assets / equity¥21.8bnat 2024-03-31Cons.Net assets
Net assets / equity¥15.1bnat 2023-03-31Cons.Net assets
Net assets / equity¥15.3bnat 2022-03-31dCons.Net assets
Net assets / equity¥14.8bnat 2021-03-31dCons.Net assets (5-year summary)
Net assets / equity¥21.2bnat 2020-03-31dCons.Net assets (5-year summary)
Cash and deposits¥166mat 2024-03-31Cons.Cash and deposits
Cash and deposits¥124mat 2023-03-31Cons.Cash and deposits
Cash & equivalents¥830mat 2024-03-31Cons.Cash and cash equivalents
Cash & equivalents¥728mat 2023-03-31Cons.Cash and cash equivalents
Cash & equivalents¥169mat 2022-03-31dCons.Cash and cash equivalents
Cash & equivalents¥932mat 2021-03-31dCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥266mat 2020-03-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow−¥2.3bn2023-04-01 → 2024-03-31Cons.Net cash provided by used in operating activities
Operating cash flow−¥985m2022-04-01 → 2023-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥481m2021-04-01 → 2022-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥1.0bn2020-04-01 → 2021-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥1.7bn2019-04-01 → 2020-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow¥10.6bn2023-04-01 → 2024-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥354m2022-04-01 → 2023-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥567m2021-04-01 → 2022-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow¥2.4bn2020-04-01 → 2021-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥3.0bn2019-04-01 → 2020-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥8.2bn2023-04-01 → 2024-03-31Cons.Net cash provided by used in financing activities
Financing cash flow¥1.9bn2022-04-01 → 2023-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥676m2021-04-01 → 2022-03-31dCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥2.8bn2020-04-01 → 2021-03-31dCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥1.3bn2019-04-01 → 2020-03-31dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥451.212023-04-01 → 2024-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-10.32022-04-01 → 2023-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥28.52021-04-01 → 2022-03-31dCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-439.82020-04-01 → 2021-03-31dCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-3.362019-04-01 → 2020-03-31dCons.Basic earnings loss per share (5-year summary)
Net assets per share¥1,485.48at 2024-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,032.83at 2023-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,041.2at 2022-03-31dCons.Net assets per share (5-year summary)
Net assets per share¥1,012.82at 2021-03-31dCons.Net assets per share (5-year summary)
Net assets per share¥1,446.7at 2020-03-31dCons.Net assets per share (5-year summary)
Equity ratio55.9%at 2024-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio36.0%at 2023-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio38.8%at 2022-03-31dCons.Equity to asset ratio (5-year summary)
Equity ratio39.7%at 2021-03-31dCons.Equity to asset ratio (5-year summary)
Equity ratio44.9%at 2020-03-31dCons.Equity to asset ratio (5-year summary)
ROE35.8%2023-04-01 → 2024-03-31Cons.Rate of return on equity (5-year summary)
ROE-1.0%2022-04-01 → 2023-03-31Cons.Rate of return on equity (5-year summary)
ROE2.8%2021-04-01 → 2022-03-31dCons.Rate of return on equity (5-year summary)
ROE-35.8%2020-04-01 → 2021-03-31dCons.Rate of return on equity (5-year summary)
ROE-0.2%2019-04-01 → 2020-03-31dCons.Rate of return on equity (5-year summary)
Employees1,090at 2024-03-31Cons.Number of employees
Employees1,202at 2023-03-31Cons.Number of employees
Employees1,246at 2022-03-31dCons.Number of employees
Employees1,295at 2021-03-31dCons.Number of employees
Employees1,284at 2020-03-31dCons.Number of employees
Revenue¥25.2bn2023-04-01 → 2024-03-31StandaloneNet sales
Revenue¥30.0bn2022-04-01 → 2023-03-31StandaloneNet sales
Revenue¥27.8bn2021-04-01 → 2022-03-31dStandaloneNet sales (5-year summary)
Revenue¥20.1bn2020-04-01 → 2021-03-31dStandaloneNet sales (5-year summary)
Revenue¥24.3bn2019-04-01 → 2020-03-31dStandaloneNet sales (5-year summary)
Operating income−¥1.0bn2023-04-01 → 2024-03-31StandaloneOperating income
Operating income¥827m2022-04-01 → 2023-03-31StandaloneOperating income
Ordinary income¥4.6bn2023-04-01 → 2024-03-31StandaloneOrdinary income
Ordinary income¥917m2022-04-01 → 2023-03-31StandaloneOrdinary income
Ordinary income¥505m2021-04-01 → 2022-03-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥1.5bn2020-04-01 → 2021-03-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥180m2019-04-01 → 2020-03-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥4.5bn2023-04-01 → 2024-03-31StandaloneIncome before income taxes
Profit before tax¥903m2022-04-01 → 2023-03-31StandaloneIncome before income taxes
Net income¥5.3bn2023-04-01 → 2024-03-31StandaloneProfit loss
Net income¥798m2022-04-01 → 2023-03-31StandaloneProfit loss
Net income¥66m2021-04-01 → 2022-03-31dStandaloneNet income loss (5-year summary)
Net income−¥6.1bn2020-04-01 → 2021-03-31dStandaloneNet income loss (5-year summary)
Net income¥245m2019-04-01 → 2020-03-31dStandaloneNet income loss (5-year summary)
Total assets¥32.7bnat 2024-03-31StandaloneAssets
Total assets¥33.1bnat 2023-03-31StandaloneAssets
Total assets¥30.8bnat 2022-03-31dStandaloneTotal assets (5-year summary)
Total assets¥29.0bnat 2021-03-31dStandaloneTotal assets (5-year summary)
Total assets¥38.7bnat 2020-03-31dStandaloneTotal assets (5-year summary)
Total liabilities¥12.6bnat 2024-03-31StandaloneLiabilities
Total liabilities¥18.3bnat 2023-03-31StandaloneLiabilities
Net assets / equity¥20.0bnat 2024-03-31StandaloneNet assets
Net assets / equity¥14.8bnat 2023-03-31StandaloneNet assets
Net assets / equity¥14.0bnat 2022-03-31dStandaloneNet assets
Net assets / equity¥14.0bnat 2021-03-31dStandaloneNet assets (5-year summary)
Net assets / equity¥20.0bnat 2020-03-31dStandaloneNet assets (5-year summary)
Cash and deposits¥122mat 2024-03-31StandaloneCash and deposits
Cash and deposits¥78mat 2023-03-31StandaloneCash and deposits
EPS (basic)¥358.92023-04-01 → 2024-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥54.462022-04-01 → 2023-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥4.552021-04-01 → 2022-03-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-416.652020-04-01 → 2021-03-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥16.762019-04-01 → 2020-03-31dStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥502023-04-01 → 2024-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥52022-04-01 → 2023-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥152019-04-01 → 2020-03-31dStandaloneDividend paid per share (5-year summary)
Net assets per share¥1,366.95at 2024-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,010.38at 2023-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥955.73at 2022-03-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥952.03at 2021-03-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥1,362.34at 2020-03-31dStandaloneNet assets per share (5-year summary)
Equity ratio61.3%at 2024-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio44.7%at 2023-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio45.4%at 2022-03-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio48.0%at 2021-03-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio51.6%at 2020-03-31dStandaloneEquity to asset ratio (5-year summary)
ROE30.2%2023-04-01 → 2024-03-31StandaloneRate of return on equity (5-year summary)
ROE5.5%2022-04-01 → 2023-03-31StandaloneRate of return on equity (5-year summary)
ROE0.5%2021-04-01 → 2022-03-31dStandaloneRate of return on equity (5-year summary)
ROE-36.0%2020-04-01 → 2021-03-31dStandaloneRate of return on equity (5-year summary)
ROE1.3%2019-04-01 → 2020-03-31dStandaloneRate of return on equity (5-year summary)
Shares issued14,687,617at 2024-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued14,687,617at 2023-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued14,687,617at 2022-03-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued14,687,617at 2021-03-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued14,687,617at 2020-03-31dStandaloneTotal number of issued shares (5-year summary)
Employees500at 2024-03-31StandaloneNumber of employees
Employees509at 2023-03-31StandaloneNumber of employees
Employees523at 2022-03-31dStandaloneNumber of employees
Employees568at 2021-03-31dStandaloneNumber of employees
Employees571at 2020-03-31dStandaloneNumber 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 · 43
SegmentItemPeriodValue
Castingreportable segmentcapex2023-04-01 → 2024-03-31¥202m
Castingreportable segmentdepreciation2023-04-01 → 2024-03-31¥329m
Castingreportable segmentemployeesat 2024-03-31365 pure
Castingreportable segmentrevenue2023-04-01 → 2024-03-31¥8.9bn
Castingreportable segmentrevenue external2023-04-01 → 2024-03-31¥8.9bn
Castingreportable segmentsegment assetsat 2024-03-31¥7.3bn
Castingreportable segmentsegment profit2023-04-01 → 2024-03-31−¥127m
Special Steelsreportable segmentcapex2023-04-01 → 2024-03-31¥608m
Special Steelsreportable segmentdepreciation2023-04-01 → 2024-03-31¥688m
Special Steelsreportable segmentemployeesat 2024-03-31725 pure
Special Steelsreportable segmentrevenue2023-04-01 → 2024-03-31¥27.7bn
Special Steelsreportable segmentrevenue external2023-04-01 → 2024-03-31¥27.7bn
Special Steelsreportable segmentsegment assetsat 2024-03-31¥31.6bn
Special Steelsreportable segmentsegment profit2023-04-01 → 2024-03-31−¥1.5bn
—segment totalcapex2023-04-01 → 2024-03-31¥810m
—segment totaldepreciation2023-04-01 → 2024-03-31¥1.0bn
—segment totalrevenue2023-04-01 → 2024-03-31¥36.6bn
—segment totalrevenue external2023-04-01 → 2024-03-31¥36.6bn
—segment totalsegment assetsat 2024-03-31¥39.0bn
—segment totalsegment profit2023-04-01 → 2024-03-31−¥1.6bn
Reconciling Itemsreconcilingrevenue2022-04-01 → 2023-03-31¥0
Reconciling Itemsreconcilingrevenue intersegment2022-04-01 → 2023-03-31¥0
Castingreportable segmentcapex2022-04-01 → 2023-03-31¥125m
Castingreportable segmentdepreciation2022-04-01 → 2023-03-31¥430m
Castingreportable segmentrevenue2022-04-01 → 2023-03-31¥10.8bn
Castingreportable segmentrevenue external2022-04-01 → 2023-03-31¥10.8bn
Castingreportable segmentsegment assetsat 2023-03-31¥8.0bn
Castingreportable segmentsegment profit2022-04-01 → 2023-03-31¥46m
Special Steelsreportable segmentcapex2022-04-01 → 2023-03-31¥424m
Special Steelsreportable segmentdepreciation2022-04-01 → 2023-03-31¥772m
Special Steelsreportable segmentrevenue2022-04-01 → 2023-03-31¥33.7bn
Special Steelsreportable segmentrevenue external2022-04-01 → 2023-03-31¥33.7bn
Special Steelsreportable segmentrevenue intersegment2022-04-01 → 2023-03-31¥0
Special Steelsreportable segmentsegment assetsat 2023-03-31¥34.0bn
Special Steelsreportable segmentsegment profit2022-04-01 → 2023-03-31¥774m
—segment totalcapex2022-04-01 → 2023-03-31¥550m
—segment totaldepreciation2022-04-01 → 2023-03-31¥1.2bn
—segment totalrevenue2022-04-01 → 2023-03-31¥44.6bn
—segment totalrevenue external2022-04-01 → 2023-03-31¥44.6bn
—segment totalrevenue intersegment2022-04-01 → 2023-03-31¥0
—segment totalsegment assetsat 2023-03-31¥42.0bn
—segment totalsegment profit2022-04-01 → 2023-03-31¥821m
Special Steelsreportable segmentemployeesat 2024-03-31500 pure

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

All source rows · 1,433
ItemContextValueUnit
Independent auditors report consolidated (text)FilingDateInstantText · Plus
Audit firm1 consolidatedFilingDateInstant
Original text (Japanese)有限責任 あずさ監査法人
Cpa1 audit firm1 consolidatedFilingDateInstant
Original text (Japanese)永井 勝
Cpa2 audit firm1 consolidatedFilingDateInstant
Original text (Japanese)石井 伸幸
Cpa3 audit firm1 consolidatedFilingDateInstant
Original text (Japanese)中島 久木
Key audit matters consolidated (text)FilingDateInstantText · Plus
Overview kam consolidated (text)FilingDateInstantText · Plus
Short description kam consolidatedFilingDateInstant_Row1Member
Original text (Japanese)通算会社における繰延税金資産の回収可能性に関する判断の妥当性
Description including reason kam consolidated (text)FilingDateInstant_Row1MemberText · Plus
Reference kam consolidatedFilingDateInstant_Row1Member
Original text (Japanese)【注記事項】(税効果会計関係)
Reference2 kam consolidatedFilingDateInstant_Row1Member
Original text (Japanese) 【注記事項】(重要な会計上の見積り)
Auditors response kam consolidated (text)FilingDateInstant_Row1MemberText · Plus
Short description kam consolidatedFilingDateInstant_Row2Member
Original text (Japanese)特殊鋼事業における日本高周波鋼業株式会社の固定資産の減損の兆候に関する判断の妥当性
Description including reason kam consolidated (text)FilingDateInstant_Row2MemberText · Plus
Reference kam consolidatedFilingDateInstant_Row2Member
Original text (Japanese)【注記事項】(重要な会計上の見積り)
Auditors response kam consolidated (text)FilingDateInstant_Row2MemberText · 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)有限責任 あずさ監査法人
Cpa1 audit firm1 non consolidatedFilingDateInstant
Original text (Japanese)永井 勝
Cpa2 audit firm1 non consolidatedFilingDateInstant
Original text (Japanese)石井 伸幸
Cpa3 audit firm1 non consolidatedFilingDateInstant
Original text (Japanese)中島 久木
Key audit matters non consolidated (text)FilingDateInstantText · Plus
Overview kam non consolidated (text)FilingDateInstantText · Plus
Short description kam non consolidatedFilingDateInstant_Row1Member
Original text (Japanese)繰延税金資産の回収可能性に関する判断の妥当性
Description including reason kam non consolidated (text)FilingDateInstant_Row1MemberText · Plus
Reference kam non consolidatedFilingDateInstant_Row1Member
Original text (Japanese)【注記事項】(税効果会計関係)
Reference2 kam non consolidatedFilingDateInstant_Row1Member
Original text (Japanese) 【注記事項】(重要な会計上の見積り)
Auditors response kam non consolidated (text)FilingDateInstant_Row1MemberText · Plus
Short description kam non consolidatedFilingDateInstant_Row2Member
Original text (Japanese)特殊鋼事業の固定資産の減損の兆候に関する判断の妥当性
Description including reason kam non consolidated (text)FilingDateInstant_Row2MemberText · Plus
Reference kam non consolidatedFilingDateInstant_Row2Member
Original text (Japanese)【注記事項】(重要な会計上の見積り)
Auditors response kam non consolidated (text)FilingDateInstant_Row2MemberText · Plus
Other information non consolidated (text)FilingDateInstantText · Plus
Fee related information non consolidated (text)FilingDateInstantText · Plus
Number of submissionFilingDateInstant1
Net sales (5-year summary)Prior4YearDuration37287000000JPY
Net sales (5-year summary)Prior3YearDuration31516000000JPY
Net sales (5-year summary)Prior2YearDuration41714000000JPY
Net sales (5-year summary)Prior1YearDuration44551000000JPY
Net sales (5-year summary)CurrentYearDuration36614000000JPY
Ordinary income loss (5-year summary)Prior4YearDuration62000000JPY
Ordinary income loss (5-year summary)Prior3YearDuration-1763000000JPY
Ordinary income loss (5-year summary)Prior2YearDuration583000000JPY
Ordinary income loss (5-year summary)Prior1YearDuration866000000JPY
Ordinary income loss (5-year summary)CurrentYearDuration-1585000000JPY
Profit loss attributable to owners of parent (5-year summary)Prior4YearDuration-49000000JPY
Profit loss attributable to owners of parent (5-year summary)Prior3YearDuration-6445000000JPY
Profit loss attributable to owners of parent (5-year summary)Prior2YearDuration417000000JPY

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 2023-03-31pass
balance sheet identityconsolidated 2024-03-31pass rounding
balance sheet identitynon_consolidated 2023-03-31pass
balance sheet identitynon_consolidated 2024-03-31pass rounding
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2022-03-31pass
statement vs summary · net assetsconsolidated 2023-03-31pass
statement vs summary · net assetsconsolidated 2024-03-31pass
statement vs summary · net assetsnon_consolidated 2022-03-31pass
statement vs summary · net assetsnon_consolidated 2023-03-31pass
statement vs summary · net assetsnon_consolidated 2024-03-31pass
statement vs summary · net income attributable to parentconsolidated 2022-04-01/2023-03-31pass
statement vs summary · net income attributable to parentconsolidated 2023-04-01/2024-03-31pass
statement vs summary · operating cash flowconsolidated 2022-04-01/2023-03-31pass
statement vs summary · operating cash flowconsolidated 2023-04-01/2024-03-31pass
statement vs summary · revenueconsolidated 2022-04-01/2023-03-31pass
statement vs summary · revenueconsolidated 2023-04-01/2024-03-31pass
statement vs summary · revenuenon_consolidated 2022-04-01/2023-03-31pass
statement vs summary · revenuenon_consolidated 2023-04-01/2024-03-31pass
statement vs summary · total assetsconsolidated 2023-03-31pass
statement vs summary · total assetsconsolidated 2024-03-31pass
statement vs summary · total assetsnon_consolidated 2023-03-31pass
statement vs summary · total assetsnon_consolidated 2024-03-31pass