Annual report

Period2024-04-01 → 2025-03-31
Filed2025-06-23
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 147
MetricValuePeriodScopeSource row
Revenue¥21.2bn2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥21.3bn2023-04-01 → 2024-03-31Cons.Net sales
Revenue¥21.6bn2022-04-01 → 2023-03-31dCons.Net sales (5-year summary)
Revenue¥19.9bn2021-04-01 → 2022-03-31dCons.Net sales (5-year summary)
Revenue¥16.2bn2020-04-01 → 2021-03-31dCons.Net sales (5-year summary)
Operating income¥1.2bn2024-04-01 → 2025-03-31Cons.Operating income
Operating income¥1.3bn2023-04-01 → 2024-03-31Cons.Operating income
Ordinary income¥1.4bn2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income¥1.4bn2023-04-01 → 2024-03-31Cons.Ordinary income
Ordinary income¥1.4bn2022-04-01 → 2023-03-31dCons.Ordinary income loss (5-year summary)
Ordinary income¥2.1bn2021-04-01 → 2022-03-31dCons.Ordinary income loss (5-year summary)
Ordinary income¥1.5bn2020-04-01 → 2021-03-31dCons.Ordinary income loss (5-year summary)
Profit before tax¥1.4bn2024-04-01 → 2025-03-31Cons.Income before income taxes
Profit before tax¥1.2bn2023-04-01 → 2024-03-31Cons.Income before income taxes
Net income (owners)¥1.0bn2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥975m2023-04-01 → 2024-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥1.1bn2022-04-01 → 2023-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥1.2bn2021-04-01 → 2022-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥427m2020-04-01 → 2021-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥1.0bn2024-04-01 → 2025-03-31Cons.Profit loss
Net income¥975m2023-04-01 → 2024-03-31Cons.Profit loss
Total assets¥34.0bnat 2025-03-31Cons.Assets
Total assets¥34.8bnat 2024-03-31Cons.Assets
Total assets¥32.7bnat 2023-03-31dCons.Total assets (5-year summary)
Total assets¥31.2bnat 2022-03-31dCons.Total assets (5-year summary)
Total assets¥29.8bnat 2021-03-31dCons.Total assets (5-year summary)
Total liabilities¥6.1bnat 2025-03-31Cons.Liabilities
Total liabilities¥7.2bnat 2024-03-31Cons.Liabilities
Net assets / equity¥27.9bnat 2025-03-31Cons.Net assets
Net assets / equity¥27.6bnat 2024-03-31Cons.Net assets
Net assets / equity¥26.3bnat 2023-03-31dCons.Net assets
Net assets / equity¥25.3bnat 2022-03-31dCons.Net assets (5-year summary)
Net assets / equity¥24.2bnat 2021-03-31dCons.Net assets (5-year summary)
Cash and deposits¥8.1bnat 2025-03-31Cons.Cash and deposits
Cash and deposits¥7.0bnat 2024-03-31Cons.Cash and deposits
Cash & equivalents¥8.4bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥7.3bnat 2024-03-31Cons.Cash and cash equivalents
Cash & equivalents¥5.1bnat 2023-03-31dCons.Cash and cash equivalents
Cash & equivalents¥5.8bnat 2022-03-31dCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥5.4bnat 2021-03-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥2.1bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥2.8bn2023-04-01 → 2024-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥666m2022-04-01 → 2023-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥1.3bn2021-04-01 → 2022-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥1.6bn2020-04-01 → 2021-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥589m2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥477m2023-04-01 → 2024-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥1.1bn2022-04-01 → 2023-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥782m2021-04-01 → 2022-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥1.7bn2020-04-01 → 2021-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥486m2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥212m2023-04-01 → 2024-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥212m2022-04-01 → 2023-03-31dCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥167m2021-04-01 → 2022-03-31dCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥153m2020-04-01 → 2021-03-31dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥134.22024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥129.442023-04-01 → 2024-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥148.532022-04-01 → 2023-03-31dCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥153.282021-04-01 → 2022-03-31dCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥56.732020-04-01 → 2021-03-31dCons.Basic earnings loss per share (5-year summary)
Net assets per share¥3,758.95at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥3,661.84at 2024-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥3,489.39at 2023-03-31dCons.Net assets per share (5-year summary)
Net assets per share¥3,362.32at 2022-03-31dCons.Net assets per share (5-year summary)
Net assets per share¥3,209.66at 2021-03-31dCons.Net assets per share (5-year summary)
Equity ratio82.0%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio79.2%at 2024-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio80.3%at 2023-03-31dCons.Equity to asset ratio (5-year summary)
Equity ratio81.1%at 2022-03-31dCons.Equity to asset ratio (5-year summary)
Equity ratio81.1%at 2021-03-31dCons.Equity to asset ratio (5-year summary)
ROE3.6%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
ROE3.6%2023-04-01 → 2024-03-31Cons.Rate of return on equity (5-year summary)
ROE4.3%2022-04-01 → 2023-03-31dCons.Rate of return on equity (5-year summary)
ROE4.7%2021-04-01 → 2022-03-31dCons.Rate of return on equity (5-year summary)
ROE1.8%2020-04-01 → 2021-03-31dCons.Rate of return on equity (5-year summary)
Employees589at 2025-03-31Cons.Number of employees
Employees595at 2024-03-31Cons.Number of employees
Employees570at 2023-03-31dCons.Number of employees
Employees513at 2022-03-31dCons.Number of employees
Employees488at 2021-03-31dCons.Number of employees
Revenue¥17.1bn2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥17.3bn2023-04-01 → 2024-03-31StandaloneNet sales
Revenue¥17.5bn2022-04-01 → 2023-03-31dStandaloneNet sales (5-year summary)
Revenue¥16.1bn2021-04-01 → 2022-03-31dStandaloneNet sales (5-year summary)
Revenue¥13.2bn2020-04-01 → 2021-03-31dStandaloneNet sales (5-year summary)
Operating income¥614m2024-04-01 → 2025-03-31StandaloneOperating income
Operating income¥567m2023-04-01 → 2024-03-31StandaloneOperating income
Ordinary income¥805m2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥753m2023-04-01 → 2024-03-31StandaloneOrdinary income
Ordinary income¥737m2022-04-01 → 2023-03-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥1.3bn2021-04-01 → 2022-03-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥1.1bn2020-04-01 → 2021-03-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥805m2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Profit before tax¥530m2023-04-01 → 2024-03-31StandaloneIncome before income taxes
Net income¥621m2024-04-01 → 2025-03-31StandaloneProfit loss
Net income¥473m2023-04-01 → 2024-03-31StandaloneProfit loss
Net income¥652m2022-04-01 → 2023-03-31dStandaloneNet income loss (5-year summary)
Net income¥709m2021-04-01 → 2022-03-31dStandaloneNet income loss (5-year summary)
Net income−¥468m2020-04-01 → 2021-03-31dStandaloneNet income loss (5-year summary)
Total assets¥20.6bnat 2025-03-31StandaloneAssets
Total assets¥21.5bnat 2024-03-31StandaloneAssets
Total assets¥20.6bnat 2023-03-31dStandaloneTotal assets (5-year summary)
Total assets¥19.4bnat 2022-03-31dStandaloneTotal assets (5-year summary)
Total assets¥18.6bnat 2021-03-31dStandaloneTotal assets (5-year summary)
Total liabilities¥2.9bnat 2025-03-31StandaloneLiabilities
Total liabilities¥3.8bnat 2024-03-31StandaloneLiabilities
Net assets / equity¥17.6bnat 2025-03-31StandaloneNet assets
Net assets / equity¥17.7bnat 2024-03-31StandaloneNet assets
Net assets / equity¥17.1bnat 2023-03-31dStandaloneNet assets
Net assets / equity¥16.7bnat 2022-03-31dStandaloneNet assets (5-year summary)
Net assets / equity¥16.0bnat 2021-03-31dStandaloneNet assets (5-year summary)
Cash and deposits¥3.6bnat 2025-03-31StandaloneCash and deposits
Cash and deposits¥3.2bnat 2024-03-31StandaloneCash and deposits
EPS (basic)¥82.692024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥62.882023-04-01 → 2024-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥86.642022-04-01 → 2023-03-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥94.182021-04-01 → 2022-03-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-62.142020-04-01 → 2021-03-31dStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥402024-04-01 → 2025-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥262023-04-01 → 2024-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥332022-04-01 → 2023-03-31dStandaloneDividend paid per share (5-year summary)
Dividend per share¥262021-04-01 → 2022-03-31dStandaloneDividend paid per share (5-year summary)
Dividend per share¥162020-04-01 → 2021-03-31dStandaloneDividend paid per share (5-year summary)
Net assets per share¥2,375.68at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥2,350.2at 2024-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥2,271.72at 2023-03-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥2,214.53at 2022-03-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥2,128.22at 2021-03-31dStandaloneNet assets per share (5-year summary)
Equity ratio85.7%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio82.2%at 2024-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio83.2%at 2023-03-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio86.1%at 2022-03-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio86.3%at 2021-03-31dStandaloneEquity to asset ratio (5-year summary)
ROE3.5%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE2.7%2023-04-01 → 2024-03-31StandaloneRate of return on equity (5-year summary)
ROE3.9%2022-04-01 → 2023-03-31dStandaloneRate of return on equity (5-year summary)
ROE4.3%2021-04-01 → 2022-03-31dStandaloneRate of return on equity (5-year summary)
Shares issued7,550,000at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued7,550,000at 2024-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued7,550,000at 2023-03-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued7,550,000at 2022-03-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued7,550,000at 2021-03-31dStandaloneTotal number of issued shares (5-year summary)
Employees378at 2025-03-31StandaloneNumber of employees
Employees378at 2024-03-31StandaloneNumber of employees
Employees371at 2023-03-31dStandaloneNumber of employees
Employees327at 2022-03-31dStandaloneNumber of employees
Employees317at 2021-03-31dStandaloneNumber 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 · 41
SegmentItemPeriodValue
Reconciling Itemsreconcilingsegment assetsat 2025-03-31¥6.3bn
Real Estate Businessreportable segmentcapex2024-04-01 → 2025-03-31¥73m
Real Estate Businessreportable segmentdepreciation2024-04-01 → 2025-03-31¥246m
Real Estate Businessreportable segmentemployeesat 2025-03-3158 pure
Real Estate Businessreportable segmentrevenue2024-04-01 → 2025-03-31¥2.4bn
Real Estate Businessreportable segmentrevenue external2024-04-01 → 2025-03-31¥2.4bn
Real Estate Businessreportable segmentsegment assetsat 2025-03-31¥12.0bn
Real Estate Businessreportable segmentsegment profit2024-04-01 → 2025-03-31¥1.1bn
Special Steel Businessreportable segmentcapex2024-04-01 → 2025-03-31¥476m
Special Steel Businessreportable segmentdepreciation2024-04-01 → 2025-03-31¥618m
Special Steel Businessreportable segmentemployeesat 2025-03-31531 pure
Special Steel Businessreportable segmentrevenue2024-04-01 → 2025-03-31¥18.8bn
Special Steel Businessreportable segmentrevenue external2024-04-01 → 2025-03-31¥18.8bn
Special Steel Businessreportable segmentsegment assetsat 2025-03-31¥15.7bn
Special Steel Businessreportable segmentsegment profit2024-04-01 → 2025-03-31¥187m
Total Of Reportable Segments And Otherssegment totalcapex2024-04-01 → 2025-03-31¥550m
Total Of Reportable Segments And Otherssegment totaldepreciation2024-04-01 → 2025-03-31¥864m
Total Of Reportable Segments And Otherssegment totalrevenue2024-04-01 → 2025-03-31¥21.2bn
Total Of Reportable Segments And Otherssegment totalrevenue external2024-04-01 → 2025-03-31¥21.2bn
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2025-03-31¥27.7bn
Total Of Reportable Segments And Otherssegment totalsegment profit2024-04-01 → 2025-03-31¥1.2bn
Reconciling Itemsreconcilingsegment assetsat 2024-03-31¥6.0bn
Real Estate Businessreportable segmentcapex2023-04-01 → 2024-03-31¥82m
Real Estate Businessreportable segmentdepreciation2023-04-01 → 2024-03-31¥256m
Real Estate Businessreportable segmentrevenue2023-04-01 → 2024-03-31¥2.4bn
Real Estate Businessreportable segmentrevenue external2023-04-01 → 2024-03-31¥2.4bn
Real Estate Businessreportable segmentsegment assetsat 2024-03-31¥11.8bn
Real Estate Businessreportable segmentsegment profit2023-04-01 → 2024-03-31¥1.1bn
Special Steel Businessreportable segmentcapex2023-04-01 → 2024-03-31¥1.1bn
Special Steel Businessreportable segmentdepreciation2023-04-01 → 2024-03-31¥600m
Special Steel Businessreportable segmentrevenue2023-04-01 → 2024-03-31¥19.0bn
Special Steel Businessreportable segmentrevenue external2023-04-01 → 2024-03-31¥19.0bn
Special Steel Businessreportable segmentsegment assetsat 2024-03-31¥17.0bn
Special Steel Businessreportable segmentsegment profit2023-04-01 → 2024-03-31¥170m
Total Of Reportable Segments And Otherssegment totalcapex2023-04-01 → 2024-03-31¥1.2bn
Total Of Reportable Segments And Otherssegment totaldepreciation2023-04-01 → 2024-03-31¥856m
Total Of Reportable Segments And Otherssegment totalrevenue2023-04-01 → 2024-03-31¥21.3bn
Total Of Reportable Segments And Otherssegment totalrevenue external2023-04-01 → 2024-03-31¥21.3bn
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2024-03-31¥28.8bn
Total Of Reportable Segments And Otherssegment totalsegment profit2023-04-01 → 2024-03-31¥1.3bn
Special Steel Businessreportable segmentemployeesat 2025-03-31378 pure

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

All source rows · 1,434
ItemContextValueUnit
Retained earningsCurrentYearInstant25711323000JPY
Treasury stockPrior1YearInstant-18441000JPY
Treasury stockCurrentYearInstant-232065000JPY
Shareholders equityPrior1YearInstant26344290000JPY
Shareholders equityCurrentYearInstant26867751000JPY
Valuation difference on available for sale securitiesPrior1YearInstant1163522000JPY
Valuation difference on available for sale securitiesCurrentYearInstant958126000JPY
Foreign currency translation adjustmentPrior1YearInstant61698000JPY
Foreign currency translation adjustmentCurrentYearInstant94693000JPY
Valuation and translation adjustmentsPrior1YearInstant1225220000JPY
Valuation and translation adjustmentsCurrentYearInstant1052820000JPY
Net assetsPrior1YearInstant27569511000JPY
Net assetsCurrentYearInstant27920572000JPY
Liabilities and net assetsPrior1YearInstant34793845000JPY
Liabilities and net assetsCurrentYearInstant34031196000JPY
Net salesPrior1YearDuration21337227000JPY
Net salesCurrentYearDuration21178080000JPY
Cost of salesPrior1YearDuration17994320000JPY
Cost of salesCurrentYearDuration17826111000JPY
Gross profitPrior1YearDuration3342906000JPY
Gross profitCurrentYearDuration3351969000JPY
Packing expenses and freightage sgaPrior1YearDuration296494000JPY
Packing expenses and freightage sgaCurrentYearDuration311366000JPY
Salaries and allowances sgaPrior1YearDuration660919000JPY
Salaries and allowances sgaCurrentYearDuration661718000JPY
Retirement benefit expenses sgaPrior1YearDuration27114000JPY
Retirement benefit expenses sgaCurrentYearDuration24826000JPY
Provision for bonuses sgaPrior1YearDuration95826000JPY
Provision for bonuses sgaCurrentYearDuration97831000JPY
Provision for directors bonuses sgaPrior1YearDuration750000JPY
Provision for directors bonuses sgaCurrentYearDuration6820000JPY
Other sgaPrior1YearDuration998225000JPY
Other sgaCurrentYearDuration999591000JPY
Selling general and administrative expensesPrior1YearDuration2079331000JPY
Selling general and administrative expensesCurrentYearDuration2102153000JPY
Operating incomePrior1YearDuration1263574000JPY
Operating incomeCurrentYearDuration1249815000JPY
Interest income noiPrior1YearDuration37422000JPY
Interest income noiCurrentYearDuration35013000JPY
Dividends income noiPrior1YearDuration37723000JPY
Dividends income noiCurrentYearDuration42545000JPY
Purchase discounts noiPrior1YearDuration18895000JPY
Purchase discounts noiCurrentYearDuration18057000JPY
Foreign exchange gains noiPrior1YearDuration56444000JPY
Foreign exchange gains noiCurrentYearDuration21565000JPY
Other noiPrior1YearDuration27647000JPY
Other noiCurrentYearDuration24436000JPY
Non operating incomePrior1YearDuration178133000JPY
Non operating incomeCurrentYearDuration141619000JPY
Commission fee noePrior1YearDuration12102000JPY

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 2024-03-31pass
balance sheet identityconsolidated 2025-03-31pass
balance sheet identitynon_consolidated 2024-03-31pass rounding
balance sheet identitynon_consolidated 2025-03-31pass rounding
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2023-03-31pass
statement vs summary · net assetsconsolidated 2024-03-31pass
statement vs summary · net assetsconsolidated 2025-03-31pass
statement vs summary · net assetsnon_consolidated 2023-03-31pass
statement vs summary · net assetsnon_consolidated 2024-03-31pass
statement vs summary · net assetsnon_consolidated 2025-03-31pass
statement vs summary · net income attributable to parentconsolidated 2023-04-01/2024-03-31pass
statement vs summary · net income attributable to parentconsolidated 2024-04-01/2025-03-31pass
statement vs summary · operating cash flowconsolidated 2023-04-01/2024-03-31pass
statement vs summary · operating cash flowconsolidated 2024-04-01/2025-03-31pass
statement vs summary · revenueconsolidated 2023-04-01/2024-03-31pass
statement vs summary · revenueconsolidated 2024-04-01/2025-03-31pass
statement vs summary · revenuenon_consolidated 2023-04-01/2024-03-31pass
statement vs summary · revenuenon_consolidated 2024-04-01/2025-03-31pass
statement vs summary · total assetsconsolidated 2024-03-31pass
statement vs summary · total assetsconsolidated 2025-03-31pass
statement vs summary · total assetsnon_consolidated 2024-03-31pass
statement vs summary · total assetsnon_consolidated 2025-03-31pass