Annual report

Period2025-01-01 → 2025-12-31
Filed2026-03-26
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 148
MetricValuePeriodScopeSource row
Revenue¥69.8bn2025-01-01 → 2025-12-31Cons.Net sales
Revenue¥67.8bn2024-01-01 → 2024-12-31Cons.Net sales
Revenue¥78.2bn2023-01-01 → 2023-12-31vCons.Net sales (5-year summary)
Revenue¥76.9bn2022-01-01 → 2022-12-31vCons.Net sales (5-year summary)
Revenue¥64.8bn2021-01-01 → 2021-12-31vCons.Net sales (5-year summary)
Operating income¥4.8bn2025-01-01 → 2025-12-31Cons.Operating income
Operating income¥4.2bn2024-01-01 → 2024-12-31Cons.Operating income
Ordinary income¥5.1bn2025-01-01 → 2025-12-31Cons.Ordinary income
Ordinary income¥4.4bn2024-01-01 → 2024-12-31Cons.Ordinary income
Ordinary income¥4.3bn2023-01-01 → 2023-12-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥5.5bn2022-01-01 → 2022-12-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥4.7bn2021-01-01 → 2021-12-31vCons.Ordinary income loss (5-year summary)
Profit before tax¥5.0bn2025-01-01 → 2025-12-31Cons.Income before income taxes
Profit before tax−¥1.3bn2024-01-01 → 2024-12-31Cons.Income before income taxes
Net income (owners)¥3.3bn2025-01-01 → 2025-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)−¥874m2024-01-01 → 2024-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)−¥5.5bn2023-01-01 → 2023-12-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥3.8bn2022-01-01 → 2022-12-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥2.6bn2021-01-01 → 2021-12-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥3.3bn2025-01-01 → 2025-12-31Cons.Profit loss
Net income−¥873m2024-01-01 → 2024-12-31Cons.Profit loss
Total assets¥85.0bnat 2025-12-31Cons.Assets
Total assets¥87.0bnat 2024-12-31Cons.Assets
Total assets¥89.9bnat 2023-12-31vCons.Total assets (5-year summary)
Total assets¥103.9bnat 2022-12-31vCons.Total assets (5-year summary)
Total assets¥92.0bnat 2021-12-31vCons.Total assets (5-year summary)
Total liabilities¥23.1bnat 2025-12-31Cons.Liabilities
Total liabilities¥27.5bnat 2024-12-31Cons.Liabilities
Net assets / equity¥61.9bnat 2025-12-31Cons.Net assets
Net assets / equity¥59.5bnat 2024-12-31Cons.Net assets
Net assets / equity¥62.1bnat 2023-12-31vCons.Net assets
Net assets / equity¥67.1bnat 2022-12-31vCons.Net assets (5-year summary)
Net assets / equity¥60.4bnat 2021-12-31vCons.Net assets (5-year summary)
Cash and deposits¥9.0bnat 2025-12-31Cons.Cash and deposits
Cash and deposits¥11.5bnat 2024-12-31Cons.Cash and deposits
Cash & equivalents¥8.5bnat 2025-12-31Cons.Cash and cash equivalents
Cash & equivalents¥11.4bnat 2024-12-31Cons.Cash and cash equivalents
Cash & equivalents¥12.5bnat 2023-12-31vCons.Cash and cash equivalents
Cash & equivalents¥18.2bnat 2022-12-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥23.6bnat 2021-12-31vCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥2.4bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥3.7bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥6.2bn2023-01-01 → 2023-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥2.0bn2022-01-01 → 2022-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥5.5bn2021-01-01 → 2021-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥2.6bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥2.4bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥1.8bn2023-01-01 → 2023-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥8.2bn2022-01-01 → 2022-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥696m2021-01-01 → 2021-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥2.8bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥2.4bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥8.6bn2023-01-01 → 2023-12-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥18m2022-01-01 → 2022-12-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥3.3bn2021-01-01 → 2021-12-31vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥71.782025-01-01 → 2025-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-18.912024-01-01 → 2024-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-118.222023-01-01 → 2023-12-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥81.32022-01-01 → 2022-12-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥54.132021-01-01 → 2021-12-31vCons.Basic earnings loss per share (5-year summary)
Net assets per share¥1,356.57at 2025-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,286.99at 2024-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,343.98at 2023-12-31vCons.Net assets per share (5-year summary)
Net assets per share¥1,432.47at 2022-12-31vCons.Net assets per share (5-year summary)
Net assets per share¥1,258.6at 2021-12-31vCons.Net assets per share (5-year summary)
Equity ratio72.8%at 2025-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio68.4%at 2024-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio69.0%at 2023-12-31vCons.Equity to asset ratio (5-year summary)
Equity ratio64.6%at 2022-12-31vCons.Equity to asset ratio (5-year summary)
Equity ratio65.6%at 2021-12-31vCons.Equity to asset ratio (5-year summary)
ROE5.4%2025-01-01 → 2025-12-31Cons.Rate of return on equity (5-year summary)
ROE-1.4%2024-01-01 → 2024-12-31Cons.Rate of return on equity (5-year summary)
ROE-8.5%2023-01-01 → 2023-12-31vCons.Rate of return on equity (5-year summary)
ROE6.0%2022-01-01 → 2022-12-31vCons.Rate of return on equity (5-year summary)
ROE4.4%2021-01-01 → 2021-12-31vCons.Rate of return on equity (5-year summary)
Employees966at 2025-12-31Cons.Number of employees
Employees941at 2024-12-31Cons.Number of employees
Employees915at 2023-12-31vCons.Number of employees
Employees1,126at 2022-12-31vCons.Number of employees
Employees1,124at 2021-12-31vCons.Number of employees
Revenue¥45.1bn2025-01-01 → 2025-12-31StandaloneNet sales
Revenue¥45.5bn2024-01-01 → 2024-12-31StandaloneNet sales
Revenue¥47.3bn2023-01-01 → 2023-12-31vStandaloneNet sales (5-year summary)
Revenue¥46.3bn2022-01-01 → 2022-12-31vStandaloneNet sales (5-year summary)
Revenue¥44.4bn2021-01-01 → 2021-12-31vStandaloneNet sales (5-year summary)
Operating income¥2.8bn2025-01-01 → 2025-12-31StandaloneOperating income
Operating income¥3.1bn2024-01-01 → 2024-12-31StandaloneOperating income
Ordinary income¥3.1bn2025-01-01 → 2025-12-31StandaloneOrdinary income
Ordinary income¥3.4bn2024-01-01 → 2024-12-31StandaloneOrdinary income
Ordinary income¥4.2bn2023-01-01 → 2023-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥4.7bn2022-01-01 → 2022-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥3.9bn2021-01-01 → 2021-12-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥3.3bn2025-01-01 → 2025-12-31StandaloneIncome before income taxes
Profit before tax−¥2.4bn2024-01-01 → 2024-12-31StandaloneIncome before income taxes
Net income¥2.2bn2025-01-01 → 2025-12-31StandaloneProfit loss
Net income−¥1.6bn2024-01-01 → 2024-12-31StandaloneProfit loss
Net income−¥978m2023-01-01 → 2023-12-31vStandaloneNet income loss (5-year summary)
Net income¥3.9bn2022-01-01 → 2022-12-31vStandaloneNet income loss (5-year summary)
Net income¥2.9bn2021-01-01 → 2021-12-31vStandaloneNet income loss (5-year summary)
Total assets¥72.6bnat 2025-12-31StandaloneAssets
Total assets¥76.1bnat 2024-12-31StandaloneAssets
Total assets¥79.7bnat 2023-12-31vStandaloneTotal assets (5-year summary)
Total assets¥83.2bnat 2022-12-31vStandaloneTotal assets (5-year summary)
Total assets¥81.2bnat 2021-12-31vStandaloneTotal assets (5-year summary)
Total liabilities¥19.7bnat 2025-12-31StandaloneLiabilities
Total liabilities¥23.7bnat 2024-12-31StandaloneLiabilities
Net assets / equity¥52.9bnat 2025-12-31StandaloneNet assets
Net assets / equity¥52.4bnat 2024-12-31StandaloneNet assets
Net assets / equity¥54.9bnat 2023-12-31vStandaloneNet assets
Net assets / equity¥56.3bnat 2022-12-31vStandaloneNet assets (5-year summary)
Net assets / equity¥54.8bnat 2021-12-31vStandaloneNet assets (5-year summary)
Cash and deposits¥6.2bnat 2025-12-31StandaloneCash and deposits
Cash and deposits¥8.9bnat 2024-12-31StandaloneCash and deposits
EPS (basic)¥48.742025-01-01 → 2025-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-35.162024-01-01 → 2024-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-21.142023-01-01 → 2023-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥82.212022-01-01 → 2022-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥60.082021-01-01 → 2021-12-31vStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥412025-01-01 → 2025-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥352024-01-01 → 2024-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥252023-01-01 → 2023-12-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥242022-01-01 → 2022-12-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥202021-01-01 → 2021-12-31vStandaloneDividend paid per share (5-year summary)
Net assets per share¥1,160.06at 2025-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,132.9at 2024-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,188.3at 2023-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥1,201.8at 2022-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥1,142.53at 2021-12-31vStandaloneNet assets per share (5-year summary)
Equity ratio72.9%at 2025-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio68.9%at 2024-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio68.8%at 2023-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio67.6%at 2022-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio67.5%at 2021-12-31vStandaloneEquity to asset ratio (5-year summary)
ROE4.2%2025-01-01 → 2025-12-31StandaloneRate of return on equity (5-year summary)
ROE-3.0%2024-01-01 → 2024-12-31StandaloneRate of return on equity (5-year summary)
ROE-1.8%2023-01-01 → 2023-12-31vStandaloneRate of return on equity (5-year summary)
ROE7.0%2022-01-01 → 2022-12-31vStandaloneRate of return on equity (5-year summary)
ROE5.4%2021-01-01 → 2021-12-31vStandaloneRate of return on equity (5-year summary)
Shares issued47,290,000at 2025-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued49,290,000at 2024-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued49,290,000at 2023-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued49,290,000at 2022-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued50,690,000at 2021-12-31vStandaloneTotal number of issued shares (5-year summary)
Employees618at 2025-12-31StandaloneNumber of employees
Employees623at 2024-12-31StandaloneNumber of employees
Employees598at 2023-12-31vStandaloneNumber of employees
Employees596at 2022-12-31vStandaloneNumber of employees
Employees593at 2021-12-31vStandaloneNumber 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 · 2
SegmentItemPeriodValue
Construction Related Products Businessreportable segmentemployeesat 2025-12-31854 pure
Construction Related Products Businessreportable segmentemployeesat 2025-12-31602 pure

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

All source rows · 1,850
ItemContextValueUnit
Targets description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row1Member50
Performance description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row2Member7.9
Targets description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row2Member10.0
Performance description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row3Member11
Targets description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row3Member20
Performance description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row4Member5.5
Targets description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row4Member10.0
Performance description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row5Member20.0
Targets description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row5Member16.7
Performance description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row6Member1
Targets description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row6Member3
Performance description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row7Member49.5
Targets description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row7Member50.0
Performance description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row8Member0
Targets description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row8Member5
Performance description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row9Member17
Targets description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row9Member18
Performance description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row10Member2.5
Targets description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row10Member2.7
Performance description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row11Member146
Targets description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row11Member600
Performance description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row12Member22
Targets description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row12Member25
Targets description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row13Member135
Performance description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row14Member383
Targets description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row14Member370
Performance description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row15Member46
Targets description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row15Member55
Performance description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row16Member65
Targets description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row16Member73
Performance description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row17Member4.2
Targets description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row17Member3
Performance description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row18Member82.4
Targets description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row18Member100.0
Performance description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row19Member76.9
Targets description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row19Member100.0
Performance description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row20Member2
Targets description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row20Member0
Performance description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row21Member13.2
Targets description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row21Member10
Performance description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row22Member10.1
Targets description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row22Member20
Performance description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row23Member9
Targets description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row23Member0
Performance description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row24Member96
Targets description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row24Member0
Research and development expenses research and development activitiesCurrentYearDuration760000000JPY
Research and development expenses research and development activitiesCurrentYearDuration_jpcrp030000-asr_E01412-000ConstructionRelatedProductsBusinessReportableSegmentsMember707000000JPY
Research and development expenses research and development activitiesCurrentYearDuration_OtherReportableSegmentsMember53000000JPY
Capital expenditures overview of capital expenditures etcCurrentYearDuration2501000000JPY

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 2024-12-31pass
balance sheet identityconsolidated 2025-12-31pass
balance sheet identitynon_consolidated 2024-12-31pass
balance sheet identitynon_consolidated 2025-12-31pass
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2023-12-31pass
statement vs summary · net assetsconsolidated 2024-12-31pass
statement vs summary · net assetsconsolidated 2025-12-31pass
statement vs summary · net assetsnon_consolidated 2023-12-31pass
statement vs summary · net assetsnon_consolidated 2024-12-31pass
statement vs summary · net assetsnon_consolidated 2025-12-31pass
statement vs summary · net income attributable to parentconsolidated 2024-01-01/2024-12-31pass
statement vs summary · net income attributable to parentconsolidated 2025-01-01/2025-12-31pass
statement vs summary · operating cash flowconsolidated 2024-01-01/2024-12-31pass
statement vs summary · operating cash flowconsolidated 2025-01-01/2025-12-31pass
statement vs summary · revenueconsolidated 2024-01-01/2024-12-31pass
statement vs summary · revenueconsolidated 2025-01-01/2025-12-31pass
statement vs summary · revenuenon_consolidated 2024-01-01/2024-12-31pass
statement vs summary · revenuenon_consolidated 2025-01-01/2025-12-31pass
statement vs summary · total assetsconsolidated 2024-12-31pass
statement vs summary · total assetsconsolidated 2025-12-31pass
statement vs summary · total assetsnon_consolidated 2024-12-31pass
statement vs summary · total assetsnon_consolidated 2025-12-31pass