Annual report

Period2025-03-16 → 2026-03-15
Filed2026-06-09
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 148
MetricValuePeriodScopeSource row
Revenue¥5.4bn2025-03-16 → 2026-03-15Cons.Net sales
Revenue¥5.2bn2024-03-16 → 2025-03-15Cons.Net sales
Revenue¥5.9bn2023-03-16 → 2024-03-15vCons.Net sales (5-year summary)
Revenue¥7.0bn2022-03-16 → 2023-03-15vCons.Net sales (5-year summary)
Revenue¥8.0bn2021-03-16 → 2022-03-15vCons.Net sales (5-year summary)
Operating income¥288m2025-03-16 → 2026-03-15Cons.Operating income
Operating income¥377m2024-03-16 → 2025-03-15Cons.Operating income
Ordinary income¥300m2025-03-16 → 2026-03-15Cons.Ordinary income
Ordinary income¥379m2024-03-16 → 2025-03-15Cons.Ordinary income
Ordinary income¥446m2023-03-16 → 2024-03-15vCons.Ordinary income loss (5-year summary)
Ordinary income¥538m2022-03-16 → 2023-03-15vCons.Ordinary income loss (5-year summary)
Ordinary income¥611m2021-03-16 → 2022-03-15vCons.Ordinary income loss (5-year summary)
Profit before tax¥299m2025-03-16 → 2026-03-15Cons.Income before income taxes
Profit before tax−¥112m2024-03-16 → 2025-03-15Cons.Income before income taxes
Net income (owners)¥198m2025-03-16 → 2026-03-15Cons.Profit loss attributable to owners of parent
Net income (owners)−¥238m2024-03-16 → 2025-03-15Cons.Profit loss attributable to owners of parent
Net income (owners)¥306m2023-03-16 → 2024-03-15vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥364m2022-03-16 → 2023-03-15vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥414m2021-03-16 → 2022-03-15vCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥198m2025-03-16 → 2026-03-15Cons.Profit loss
Net income−¥238m2024-03-16 → 2025-03-15Cons.Profit loss
Total assets¥13.3bnat 2026-03-15Cons.Assets
Total assets¥13.4bnat 2025-03-15Cons.Assets
Total assets¥13.1bnat 2024-03-15vCons.Total assets (5-year summary)
Total assets¥13.0bnat 2023-03-15vCons.Total assets (5-year summary)
Total assets¥12.3bnat 2022-03-15vCons.Total assets (5-year summary)
Total liabilities¥3.0bnat 2026-03-15Cons.Liabilities
Total liabilities¥3.1bnat 2025-03-15Cons.Liabilities
Net assets / equity¥10.3bnat 2026-03-15Cons.Net assets
Net assets / equity¥10.3bnat 2025-03-15Cons.Net assets
Net assets / equity¥10.7bnat 2024-03-15vCons.Net assets
Net assets / equity¥10.4bnat 2023-03-15vCons.Net assets (5-year summary)
Net assets / equity¥9.5bnat 2022-03-15vCons.Net assets (5-year summary)
Cash and deposits¥1.1bnat 2026-03-15Cons.Cash and deposits
Cash and deposits¥1.0bnat 2025-03-15Cons.Cash and deposits
Cash & equivalents¥1.1bnat 2026-03-15Cons.Cash and cash equivalents
Cash & equivalents¥1.0bnat 2025-03-15Cons.Cash and cash equivalents
Cash & equivalents¥1.7bnat 2024-03-15vCons.Cash and cash equivalents
Cash & equivalents¥1.4bnat 2023-03-15vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥1.7bnat 2022-03-15vCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥523m2025-03-16 → 2026-03-15Cons.Net cash provided by used in operating activities
Operating cash flow¥132m2024-03-16 → 2025-03-15Cons.Net cash provided by used in operating activities
Operating cash flow¥1.1bn2023-03-16 → 2024-03-15vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥433m2022-03-16 → 2023-03-15vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥1.6bn2021-03-16 → 2022-03-15vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥93m2025-03-16 → 2026-03-15Cons.Net cash provided by used in investment activities
Investing cash flow−¥1.4bn2024-03-16 → 2025-03-15Cons.Net cash provided by used in investment activities
Investing cash flow−¥615m2023-03-16 → 2024-03-15vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥210m2022-03-16 → 2023-03-15vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥218m2021-03-16 → 2022-03-15vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥326m2025-03-16 → 2026-03-15Cons.Net cash provided by used in financing activities
Financing cash flow¥583m2024-03-16 → 2025-03-15Cons.Net cash provided by used in financing activities
Financing cash flow−¥263m2023-03-16 → 2024-03-15vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥414m2022-03-16 → 2023-03-15vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥1.8bn2021-03-16 → 2022-03-15vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥84.052025-03-16 → 2026-03-15Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-101.392024-03-16 → 2025-03-15Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥131.642023-03-16 → 2024-03-15vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥162.142022-03-16 → 2023-03-15vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥203.922021-03-16 → 2022-03-15vCons.Basic earnings loss per share (5-year summary)
Net assets per share¥4,370.88at 2026-03-15Cons.Net assets per share (5-year summary)
Net assets per share¥4,364.53at 2025-03-15Cons.Net assets per share (5-year summary)
Net assets per share¥4,548.74at 2024-03-15vCons.Net assets per share (5-year summary)
Net assets per share¥4,490.12at 2023-03-15vCons.Net assets per share (5-year summary)
Net assets per share¥4,692.2at 2022-03-15vCons.Net assets per share (5-year summary)
Equity ratio77.3%at 2026-03-15Cons.Equity to asset ratio (5-year summary)
Equity ratio76.9%at 2025-03-15Cons.Equity to asset ratio (5-year summary)
Equity ratio81.4%at 2024-03-15vCons.Equity to asset ratio (5-year summary)
Equity ratio80.1%at 2023-03-15vCons.Equity to asset ratio (5-year summary)
Equity ratio77.1%at 2022-03-15vCons.Equity to asset ratio (5-year summary)
ROE1.9%2025-03-16 → 2026-03-15Cons.Rate of return on equity (5-year summary)
ROE-2.3%2024-03-16 → 2025-03-15Cons.Rate of return on equity (5-year summary)
ROE2.9%2023-03-16 → 2024-03-15vCons.Rate of return on equity (5-year summary)
ROE3.7%2022-03-16 → 2023-03-15vCons.Rate of return on equity (5-year summary)
ROE4.4%2021-03-16 → 2022-03-15vCons.Rate of return on equity (5-year summary)
Employees95at 2026-03-15Cons.Number of employees
Employees103at 2025-03-15Cons.Number of employees
Employees102at 2024-03-15vCons.Number of employees
Employees102at 2023-03-15vCons.Number of employees
Employees111at 2022-03-15vCons.Number of employees
Revenue¥4.7bn2025-03-16 → 2026-03-15StandaloneNet sales
Revenue¥5.0bn2024-03-16 → 2025-03-15StandaloneNet sales
Revenue¥5.3bn2023-03-16 → 2024-03-15vStandaloneNet sales (5-year summary)
Revenue¥5.3bn2022-03-16 → 2023-03-15vStandaloneNet sales (5-year summary)
Revenue¥5.3bn2021-03-16 → 2022-03-15vStandaloneNet sales (5-year summary)
Operating income¥267m2025-03-16 → 2026-03-15StandaloneOperating income
Operating income¥376m2024-03-16 → 2025-03-15StandaloneOperating income
Ordinary income¥284m2025-03-16 → 2026-03-15StandaloneOrdinary income
Ordinary income¥379m2024-03-16 → 2025-03-15StandaloneOrdinary income
Ordinary income¥417m2023-03-16 → 2024-03-15vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥506m2022-03-16 → 2023-03-15vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥582m2021-03-16 → 2022-03-15vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥282m2025-03-16 → 2026-03-15StandaloneIncome before income taxes
Profit before tax¥379m2024-03-16 → 2025-03-15StandaloneIncome before income taxes
Net income¥192m2025-03-16 → 2026-03-15StandaloneProfit loss
Net income¥256m2024-03-16 → 2025-03-15StandaloneProfit loss
Net income¥285m2023-03-16 → 2024-03-15vStandaloneNet income loss (5-year summary)
Net income¥341m2022-03-16 → 2023-03-15vStandaloneNet income loss (5-year summary)
Net income¥395m2021-03-16 → 2022-03-15vStandaloneNet income loss (5-year summary)
Total assets¥12.9bnat 2026-03-15StandaloneAssets
Total assets¥13.1bnat 2025-03-15StandaloneAssets
Total assets¥12.4bnat 2024-03-15vStandaloneTotal assets (5-year summary)
Total assets¥12.2bnat 2023-03-15vStandaloneTotal assets (5-year summary)
Total assets¥11.5bnat 2022-03-15vStandaloneTotal assets (5-year summary)
Total liabilities¥2.7bnat 2026-03-15StandaloneLiabilities
Total liabilities¥2.9bnat 2025-03-15StandaloneLiabilities
Net assets / equity¥10.2bnat 2026-03-15StandaloneNet assets
Net assets / equity¥10.2bnat 2025-03-15StandaloneNet assets
Net assets / equity¥10.1bnat 2024-03-15vStandaloneNet assets
Net assets / equity¥9.8bnat 2023-03-15vStandaloneNet assets (5-year summary)
Net assets / equity¥8.9bnat 2022-03-15vStandaloneNet assets (5-year summary)
Cash and deposits¥883mat 2026-03-15StandaloneCash and deposits
Cash and deposits¥826mat 2025-03-15StandaloneCash and deposits
EPS (basic)¥81.172025-03-16 → 2026-03-15StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥108.912024-03-16 → 2025-03-15StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥122.422023-03-16 → 2024-03-15vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥151.812022-03-16 → 2023-03-15vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥194.622021-03-16 → 2022-03-15vStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥702025-03-16 → 2026-03-15StandaloneDividend paid per share (5-year summary)
Dividend per share¥702024-03-16 → 2025-03-15StandaloneDividend paid per share (5-year summary)
Dividend per share¥702023-03-16 → 2024-03-15vStandaloneDividend paid per share (5-year summary)
Dividend per share¥702022-03-16 → 2023-03-15vStandaloneDividend paid per share (5-year summary)
Dividend per share¥602021-03-16 → 2022-03-15vStandaloneDividend paid per share (5-year summary)
Net assets per share¥4,330.58at 2026-03-15StandaloneNet assets per share (5-year summary)
Net assets per share¥4,325.94at 2025-03-15StandaloneNet assets per share (5-year summary)
Net assets per share¥4,298.35at 2024-03-15vStandaloneNet assets per share (5-year summary)
Net assets per share¥4,246.62at 2023-03-15vStandaloneNet assets per share (5-year summary)
Net assets per share¥4,424.94at 2022-03-15vStandaloneNet assets per share (5-year summary)
Equity ratio79.0%at 2026-03-15StandaloneEquity to asset ratio (5-year summary)
Equity ratio77.6%at 2025-03-15StandaloneEquity to asset ratio (5-year summary)
Equity ratio81.0%at 2024-03-15vStandaloneEquity to asset ratio (5-year summary)
Equity ratio80.4%at 2023-03-15vStandaloneEquity to asset ratio (5-year summary)
Equity ratio77.8%at 2022-03-15vStandaloneEquity to asset ratio (5-year summary)
ROE1.9%2025-03-16 → 2026-03-15StandaloneRate of return on equity (5-year summary)
ROE2.5%2024-03-16 → 2025-03-15StandaloneRate of return on equity (5-year summary)
ROE2.9%2023-03-16 → 2024-03-15vStandaloneRate of return on equity (5-year summary)
ROE3.5%2022-03-16 → 2023-03-15vStandaloneRate of return on equity (5-year summary)
ROE4.5%2021-03-16 → 2022-03-15vStandaloneRate of return on equity (5-year summary)
Shares issued2,366,000at 2026-03-15StandaloneTotal number of issued shares (5-year summary)
Shares issued2,366,000at 2025-03-15StandaloneTotal number of issued shares (5-year summary)
Shares issued2,366,000at 2024-03-15vStandaloneTotal number of issued shares (5-year summary)
Shares issued2,366,000at 2023-03-15vStandaloneTotal number of issued shares (5-year summary)
Shares issued2,084,000at 2022-03-15vStandaloneTotal number of issued shares (5-year summary)
Employees94at 2026-03-15StandaloneNumber of employees
Employees103at 2025-03-15StandaloneNumber of employees
Employees102at 2024-03-15vStandaloneNumber of employees
Employees102at 2023-03-15vStandaloneNumber of employees
Employees109at 2022-03-15vStandaloneNumber 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 · 47
SegmentItemPeriodValue
Reconciling Itemsreconcilingcapex2025-03-16 → 2026-03-15¥2m
Reconciling Itemsreconcilingdepreciation2025-03-16 → 2026-03-15¥6m
Reconciling Itemsreconcilingsegment assetsat 2026-03-15¥1.5bn
Reconciling Itemsreconcilingsegment profit2025-03-16 → 2026-03-15−¥404m
Environment Relatedreportable segmentdepreciation2025-03-16 → 2026-03-15¥53m
Environment Relatedreportable segmentemployeesat 2026-03-150 pure
Environment Relatedreportable segmentrevenue2025-03-16 → 2026-03-15¥837m
Environment Relatedreportable segmentrevenue external2025-03-16 → 2026-03-15¥837m
Environment Relatedreportable segmentsegment assetsat 2026-03-15¥859m
Environment Relatedreportable segmentsegment profit2025-03-16 → 2026-03-15¥91m
Metal Productsreportable segmentcapex2025-03-16 → 2026-03-15¥87m
Metal Productsreportable segmentdepreciation2025-03-16 → 2026-03-15¥224m
Metal Productsreportable segmentemployeesat 2026-03-1589 pure
Metal Productsreportable segmentrevenue2025-03-16 → 2026-03-15¥4.6bn
Metal Productsreportable segmentrevenue external2025-03-16 → 2026-03-15¥4.6bn
Metal Productsreportable segmentsegment assetsat 2026-03-15¥11.0bn
Metal Productsreportable segmentsegment profit2025-03-16 → 2026-03-15¥601m
—segment totalcapex2025-03-16 → 2026-03-15¥87m
—segment totaldepreciation2025-03-16 → 2026-03-15¥277m
—segment totalrevenue2025-03-16 → 2026-03-15¥5.4bn
—segment totalrevenue external2025-03-16 → 2026-03-15¥5.4bn
—segment totalsegment assetsat 2026-03-15¥11.8bn
—segment totalsegment profit2025-03-16 → 2026-03-15¥692m
Reconciling Itemsreconcilingcapex2024-03-16 → 2025-03-15¥3m
Reconciling Itemsreconcilingdepreciation2024-03-16 → 2025-03-15¥6m
Reconciling Itemsreconcilingsegment assetsat 2025-03-15¥1.6bn
Reconciling Itemsreconcilingsegment profit2024-03-16 → 2025-03-15−¥439m
Environment Relatedreportable segmentcapex2024-03-16 → 2025-03-15¥3m
Environment Relatedreportable segmentdepreciation2024-03-16 → 2025-03-15¥53m
Environment Relatedreportable segmentrevenue2024-03-16 → 2025-03-15¥352m
Environment Relatedreportable segmentrevenue external2024-03-16 → 2025-03-15¥352m
Environment Relatedreportable segmentsegment assetsat 2025-03-15¥739m
Environment Relatedreportable segmentsegment profit2024-03-16 → 2025-03-15¥55m
Metal Productsreportable segmentcapex2024-03-16 → 2025-03-15¥1.3bn
Metal Productsreportable segmentdepreciation2024-03-16 → 2025-03-15¥203m
Metal Productsreportable segmentrevenue2024-03-16 → 2025-03-15¥4.9bn
Metal Productsreportable segmentrevenue external2024-03-16 → 2025-03-15¥4.9bn
Metal Productsreportable segmentsegment assetsat 2025-03-15¥11.1bn
Metal Productsreportable segmentsegment profit2024-03-16 → 2025-03-15¥760m
—segment totalcapex2024-03-16 → 2025-03-15¥1.3bn
—segment totaldepreciation2024-03-16 → 2025-03-15¥256m
—segment totalrevenue2024-03-16 → 2025-03-15¥5.2bn
—segment totalrevenue external2024-03-16 → 2025-03-15¥5.2bn
—segment totalsegment assetsat 2025-03-15¥11.8bn
—segment totalsegment profit2024-03-16 → 2025-03-15¥816m
Environment Relatedreportable segmentemployeesat 2026-03-150 pure
Metal Productsreportable segmentemployeesat 2026-03-1588 pure

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

All source rows · 1,376
ItemContextValueUnit
Previous fiscal year start dateFilingDateInstant2024-03-16
Comparative period end dateFilingDateInstant2025-03-15
Previous fiscal year end dateFilingDateInstant2025-03-15
Next fiscal year start dateFilingDateInstant-
End date of quarterly or semi annual period of next fiscal yearFilingDateInstant-
Amendment flagFilingDateInstantfalse
Identification of document subject to amendmentFilingDateInstant-
Report amendment flagFilingDateInstantfalse
Xbrl amendment flagFilingDateInstantfalse
Business results of group (text)FilingDateInstantText · Plus
Business results of reporting company (text)FilingDateInstantText · Plus
Company history (text)FilingDateInstantText · Plus
Description of business (text)FilingDateInstantText · Plus
Overview of affiliated entities (text)FilingDateInstantText · Plus
Information about employees (text)FilingDateInstantText · Plus
Business policy business environment issues to address etc (text)FilingDateInstantText · Plus
Disclosure of sustainability related financial information (text)FilingDateInstantText · Plus
Governance (text)FilingDateInstantText · Plus
Reference to other information governanceFilingDateInstant
Original text (Japanese)第4 提出会社の状況 4 コーポレート・ガバナンスの状況等(1)コーポレート・ガバナンスの概要
Strategy (text)FilingDateInstantText · Plus
Policy on development of human resources and internal environment strategy (text)FilingDateInstantText · Plus
Risk management (text)FilingDateInstantText · Plus
Metrics and targets (text)FilingDateInstantText · Plus
Description of metrics related to policy on development of human resources and internal environment and targets and performance using such metrics metrics and targets (text)FilingDateInstantText · Plus
Business risks (text)FilingDateInstantText · Plus
Management analysis of financial position operating results and cash flows (text)FilingDateInstantText · Plus
Critical contracts (text)FilingDateInstantText · Plus
Research and development activities (text)FilingDateInstantText · Plus
Overview of capital expenditures etc (text)FilingDateInstantText · Plus
Major facilities (text)FilingDateInstantText · Plus
Planned additions retirements etc of facilities (text)FilingDateInstantText · Plus
Total number of shares (text)FilingDateInstantText · Plus
Issued shares total number of shares etc (text)FilingDateInstantText · Plus
Class issued shares total number of shares etcFilingDateInstant_OrdinaryShareMember
Original text (Japanese)普通株式
Name of financial instruments exchange on which securities are listed or authorized financial instruments business association to which securities are registeredFilingDateInstant_OrdinaryShareMember
Original text (Japanese)東京証券取引所スタンダード市場
Description issued shares total number of shares etcFilingDateInstant_OrdinaryShareMember
Original text (Japanese)単元株式数100株であります。
Details of employee share option program (text)FilingDateInstantText · Plus
Description of rights plan (text)FilingDateInstantText · Plus
Other information on share acquisition rights (text)FilingDateInstantText · Plus
Exercises etc of moving strike convertible bonds etc (text)FilingDateInstantText · Plus
Changes in number of issued shares stated capital etc (text)FilingDateInstantText · Plus
Shareholding by shareholder category (text)FilingDateInstantText · Plus
Major shareholders (text)FilingDateInstantText · Plus
Name major shareholdersCurrentYearInstant_No1MajorShareholdersMemberText · Plus
Address major shareholdersCurrentYearInstant_No1MajorShareholdersMemberText · Plus
Name major shareholdersCurrentYearInstant_No2MajorShareholdersMember
Original text (Japanese)ホライズン株式会社
Address major shareholdersCurrentYearInstant_No2MajorShareholdersMember
Original text (Japanese) 大阪市西区南堀江2丁目7-4
Name major shareholdersCurrentYearInstant_No3MajorShareholdersMember
Original text (Japanese)トラスコ中山株式会社
Address major shareholdersCurrentYearInstant_No3MajorShareholdersMember
Original text (Japanese)東京都港区新橋4丁目28-1トラスコフィオリートビル
Name major shareholdersCurrentYearInstant_No4MajorShareholdersMember
Original text (Japanese)平野 量夫

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 2025-03-15pass rounding
balance sheet identityconsolidated 2026-03-15pass rounding
balance sheet identitynon_consolidated 2025-03-15pass rounding
balance sheet identitynon_consolidated 2026-03-15pass
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2024-03-15pass
statement vs summary · net assetsconsolidated 2025-03-15pass
statement vs summary · net assetsconsolidated 2026-03-15pass
statement vs summary · net assetsnon_consolidated 2024-03-15pass
statement vs summary · net assetsnon_consolidated 2025-03-15pass
statement vs summary · net assetsnon_consolidated 2026-03-15pass
statement vs summary · net income attributable to parentconsolidated 2024-03-16/2025-03-15pass
statement vs summary · net income attributable to parentconsolidated 2025-03-16/2026-03-15pass
statement vs summary · operating cash flowconsolidated 2024-03-16/2025-03-15pass
statement vs summary · operating cash flowconsolidated 2025-03-16/2026-03-15pass
statement vs summary · revenueconsolidated 2024-03-16/2025-03-15pass
statement vs summary · revenueconsolidated 2025-03-16/2026-03-15pass
statement vs summary · revenuenon_consolidated 2024-03-16/2025-03-15pass
statement vs summary · revenuenon_consolidated 2025-03-16/2026-03-15pass
statement vs summary · total assetsconsolidated 2025-03-15pass
statement vs summary · total assetsconsolidated 2026-03-15pass
statement vs summary · total assetsnon_consolidated 2025-03-15pass
statement vs summary · total assetsnon_consolidated 2026-03-15pass