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
Proceeds from redemption of investment securities inv cfCurrentYearDuration400000000JPY
Payments of loans receivable to employees inv cfPrior1YearDuration-300000JPY
Payments of loans receivable to employees inv cfCurrentYearDuration-2500000JPY
Collection of loans receivable to employees inv cfPrior1YearDuration489000JPY
Collection of loans receivable to employees inv cfCurrentYearDuration1354000JPY
Other net inv cfPrior1YearDuration-2262000JPY
Other net inv cfCurrentYearDuration4420000JPY
Net cash provided by used in investment activitiesPrior1YearDuration-476675000JPY
Net cash provided by used in investment activitiesCurrentYearDuration-589454000JPY
Cash dividends paid fin cfPrior1YearDuration-210681000JPY
Cash dividends paid fin cfCurrentYearDuration-270824000JPY
Purchase of treasury stock fin cfPrior1YearDuration-JPY
Purchase of treasury stock fin cfCurrentYearDuration-213624000JPY
Other net fin cfPrior1YearDuration-1315000JPY
Other net fin cfCurrentYearDuration-1232000JPY
Net cash provided by used in financing activitiesPrior1YearDuration-211996000JPY
Net cash provided by used in financing activitiesCurrentYearDuration-485681000JPY
Effect of exchange rate change on cash and cash equivalentsPrior1YearDuration26557000JPY
Effect of exchange rate change on cash and cash equivalentsCurrentYearDuration-24452000JPY
Net increase decrease in cash and cash equivalentsPrior1YearDuration2184434000JPY
Net increase decrease in cash and cash equivalentsCurrentYearDuration1031441000JPY
Cash and cash equivalentsPrior2YearInstant5138983000JPY
Cash and cash equivalentsPrior1YearInstant7323418000JPY
Cash and cash equivalentsPrior1YearInstant7323418000JPY
Cash and cash equivalentsCurrentYearInstant8354860000JPY
Number of consolidated subsidiariesCurrentYearInstant4
Accumulated depreciation ppe by groupPrior1YearInstant-20821445000JPY
Accumulated depreciation ppe by groupCurrentYearInstant-21589073000JPY
Research and development expenses sgaPrior1YearDuration427521000JPY
Research and development expenses sgaCurrentYearDuration438909000JPY
Write downs of inventoriesPrior1YearDuration88805000JPY
Write downs of inventoriesCurrentYearDuration70964000JPY
Revenues from external customersPrior1YearDuration_jpcrp030000-asr_E01245-000SpecialSteelBusinessReportableSegmentsMember18983478000JPY
Revenues from external customersPrior1YearDuration_jpcrp030000-asr_E01245-000RealEstateBusinessReportableSegmentsMember2353748000JPY
Revenues from external customersPrior1YearDuration_TotalOfReportableSegmentsAndOthersMember21337227000JPY
Revenues from external customersPrior1YearDuration_ReconcilingItemsMember-JPY
Revenues from external customersPrior1YearDuration21337227000JPY
Transactions with other segmentsPrior1YearDuration_jpcrp030000-asr_E01245-000SpecialSteelBusinessReportableSegmentsMember-JPY
Transactions with other segmentsPrior1YearDuration_jpcrp030000-asr_E01245-000RealEstateBusinessReportableSegmentsMember-JPY
Transactions with other segmentsPrior1YearDuration_TotalOfReportableSegmentsAndOthersMember-JPY
Transactions with other segmentsPrior1YearDuration_ReconcilingItemsMember-JPY
Transactions with other segmentsPrior1YearDuration-JPY
Net salesPrior1YearDuration_jpcrp030000-asr_E01245-000SpecialSteelBusinessReportableSegmentsMember18983478000JPY
Net salesPrior1YearDuration_jpcrp030000-asr_E01245-000RealEstateBusinessReportableSegmentsMember2353748000JPY
Net salesPrior1YearDuration_TotalOfReportableSegmentsAndOthersMember21337227000JPY
Net salesPrior1YearDuration_ReconcilingItemsMember-JPY
Net salesPrior1YearDuration21337227000JPY
Operating incomePrior1YearDuration_jpcrp030000-asr_E01245-000SpecialSteelBusinessReportableSegmentsMember169690000JPY
Operating incomePrior1YearDuration_jpcrp030000-asr_E01245-000RealEstateBusinessReportableSegmentsMember1093884000JPY
Operating incomePrior1YearDuration_TotalOfReportableSegmentsAndOthersMember1263574000JPY

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