Annual report

Period2024-04-01 → 2025-03-31
Filed2025-06-23
StandardJapan GAAP
ConsolidatedYes
Data checks22 of 22 passed
Key figures · 76
MetricValuePeriodScopeSource row
Revenue¥170.3bn2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥138.6bn2023-04-01 → 2024-03-31Cons.Net sales
Operating income¥11.8bn2024-04-01 → 2025-03-31Cons.Operating income
Operating income¥8.8bn2023-04-01 → 2024-03-31Cons.Operating income
Ordinary income¥14.7bn2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income¥11.6bn2023-04-01 → 2024-03-31Cons.Ordinary income
Profit before tax¥13.2bn2024-04-01 → 2025-03-31Cons.Income before income taxes
Profit before tax¥29.8bn2023-04-01 → 2024-03-31Cons.Income before income taxes
Net income (owners)¥8.8bn2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥26.3bn2023-04-01 → 2024-03-31Cons.Profit loss attributable to owners of parent
Net income¥9.2bn2024-04-01 → 2025-03-31Cons.Profit loss
Net income¥26.3bn2023-04-01 → 2024-03-31Cons.Profit loss
Total assets¥219.0bnat 2025-03-31Cons.Assets
Total assets¥220.2bnat 2024-03-31Cons.Assets
Total liabilities¥64.4bnat 2025-03-31Cons.Liabilities
Total liabilities¥70.7bnat 2024-03-31Cons.Liabilities
Net assets / equity¥154.7bnat 2025-03-31Cons.Net assets
Net assets / equity¥149.4bnat 2024-03-31Cons.Net assets
Net assets / equity¥95.0bnat 2023-03-31dCons.Net assets
Cash and deposits¥28.0bnat 2025-03-31Cons.Cash and deposits
Cash and deposits¥24.4bnat 2024-03-31Cons.Cash and deposits
Cash & equivalents¥25.8bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥22.3bnat 2024-03-31Cons.Cash and cash equivalents
Cash & equivalents¥20.2bnat 2023-03-31dCons.Cash and cash equivalents
Operating cash flow¥17.5bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥18.5bn2023-04-01 → 2024-03-31Cons.Net cash provided by used in operating activities
Investing cash flow−¥7.1bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥13.5bn2023-04-01 → 2024-03-31Cons.Net cash provided by used in investment activities
Financing cash flow−¥8.4bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥8.6bn2023-04-01 → 2024-03-31Cons.Net cash provided by used in financing activities
EPS (basic)¥323.322024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥1,091.782023-04-01 → 2024-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (diluted)¥322.632024-04-01 → 2025-03-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥1,088.832023-04-01 → 2024-03-31Cons.Diluted earnings per share (5-year summary)
Net assets per share¥5,402.44at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥4,990.81at 2024-03-31Cons.Net assets per share (5-year summary)
Equity ratio66.3%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio63.8%at 2024-03-31Cons.Equity to asset ratio (5-year summary)
ROE6.1%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
ROE18.7%2023-04-01 → 2024-03-31Cons.Rate of return on equity (5-year summary)
Employees6,809at 2025-03-31Cons.Number of employees
Employees7,036at 2024-03-31Cons.Number of employees
Revenue¥4.6bn2024-04-01 → 2025-03-31StandaloneOperating revenue1
Revenue¥5.4bn2023-04-01 → 2024-03-31StandaloneOperating revenue1
Operating income¥2.7bn2024-04-01 → 2025-03-31StandaloneOperating income
Operating income¥5.0bn2023-04-01 → 2024-03-31StandaloneOperating income
Ordinary income¥2.7bn2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥5.0bn2023-04-01 → 2024-03-31StandaloneOrdinary income
Profit before tax¥2.7bn2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Profit before tax¥5.0bn2023-04-01 → 2024-03-31StandaloneIncome before income taxes
Net income¥2.7bn2024-04-01 → 2025-03-31StandaloneProfit loss
Net income¥5.0bn2023-04-01 → 2024-03-31StandaloneProfit loss
Total assets¥78.5bnat 2025-03-31StandaloneAssets
Total assets¥73.2bnat 2024-03-31StandaloneAssets
Total liabilities¥9.5bnat 2025-03-31StandaloneLiabilities
Total liabilities¥133mat 2024-03-31StandaloneLiabilities
Net assets / equity¥69.0bnat 2025-03-31StandaloneNet assets
Net assets / equity¥73.1bnat 2024-03-31StandaloneNet assets
Cash and deposits¥1.4bnat 2025-03-31StandaloneCash and deposits
Cash and deposits¥156mat 2024-03-31StandaloneCash and deposits
EPS (basic)¥99.742024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥176.492023-04-01 → 2024-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥99.532024-04-01 → 2025-03-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥176.062023-04-01 → 2024-03-31StandaloneDiluted earnings per share (5-year summary)
Dividend per share¥1302024-04-01 → 2025-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥702023-04-01 → 2024-03-31StandaloneDividend paid per share (5-year summary)
Net assets per share¥2,564.18at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥2,597.12at 2024-03-31StandaloneNet assets per share (5-year summary)
Equity ratio87.7%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio99.7%at 2024-03-31StandaloneEquity to asset ratio (5-year summary)
ROE3.8%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE13.6%2023-04-01 → 2024-03-31StandaloneRate of return on equity (5-year summary)
Shares issued28,247,910at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued28,141,360at 2024-03-31StandaloneTotal number of issued shares (5-year summary)
Employees378at 2025-03-31StandaloneNumber of employees
Employees11at 2024-03-31StandaloneNumber 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 · 71
SegmentItemPeriodValue
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentscapex2024-04-01 → 2025-03-31¥432m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsdepreciation2024-04-01 → 2025-03-31¥542m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsemployeesat 2025-03-31661 pure
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsrevenue2024-04-01 → 2025-03-31¥26.3bn
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsrevenue external2024-04-01 → 2025-03-31¥24.0bn
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsrevenue intersegment2024-04-01 → 2025-03-31¥2.3bn
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentssegment assetsat 2025-03-31¥19.4bn
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentssegment profit2024-04-01 → 2025-03-31¥2.1bn
Reconciling Itemsreconcilingcapex2024-04-01 → 2025-03-31¥79m
Reconciling Itemsreconcilingdepreciation2024-04-01 → 2025-03-31¥448m
Reconciling Itemsreconcilingrevenue2024-04-01 → 2025-03-31−¥2.4bn
Reconciling Itemsreconcilingrevenue intersegment2024-04-01 → 2025-03-31−¥2.4bn
Reconciling Itemsreconcilingsegment assetsat 2025-03-31¥61.9bn
Reconciling Itemsreconcilingsegment profit2024-04-01 → 2025-03-31−¥497m
Automobile Industrial Machinery Parts Businessreportable segmentcapex2024-04-01 → 2025-03-31¥6.2bn
Automobile Industrial Machinery Parts Businessreportable segmentdepreciation2024-04-01 → 2025-03-31¥8.2bn
Automobile Industrial Machinery Parts Businessreportable segmentemployeesat 2025-03-315571 pure
Automobile Industrial Machinery Parts Businessreportable segmentrevenue2024-04-01 → 2025-03-31¥127.8bn
Automobile Industrial Machinery Parts Businessreportable segmentrevenue external2024-04-01 → 2025-03-31¥127.7bn
Automobile Industrial Machinery Parts Businessreportable segmentrevenue intersegment2024-04-01 → 2025-03-31¥67m
Automobile Industrial Machinery Parts Businessreportable segmentsegment assetsat 2025-03-31¥127.8bn
Automobile Industrial Machinery Parts Businessreportable segmentsegment profit2024-04-01 → 2025-03-31¥9.1bn
Piping Products Products For Construction Businessreportable segmentcapex2024-04-01 → 2025-03-31¥465m
Piping Products Products For Construction Businessreportable segmentdepreciation2024-04-01 → 2025-03-31¥271m
Piping Products Products For Construction Businessreportable segmentemployeesat 2025-03-31233 pure
Piping Products Products For Construction Businessreportable segmentrevenue2024-04-01 → 2025-03-31¥18.7bn
Piping Products Products For Construction Businessreportable segmentrevenue external2024-04-01 → 2025-03-31¥18.7bn
Piping Products Products For Construction Businessreportable segmentsegment assetsat 2025-03-31¥9.9bn
Piping Products Products For Construction Businessreportable segmentsegment profit2024-04-01 → 2025-03-31¥1.2bn
Total Of Reportable Segments And Otherssegment totalcapex2024-04-01 → 2025-03-31¥7.1bn
Total Of Reportable Segments And Otherssegment totaldepreciation2024-04-01 → 2025-03-31¥9.0bn
Total Of Reportable Segments And Otherssegment totalrevenue2024-04-01 → 2025-03-31¥172.7bn
Total Of Reportable Segments And Otherssegment totalrevenue external2024-04-01 → 2025-03-31¥170.3bn
Total Of Reportable Segments And Otherssegment totalrevenue intersegment2024-04-01 → 2025-03-31¥2.4bn
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2025-03-31¥157.1bn
Total Of Reportable Segments And Otherssegment totalsegment profit2024-04-01 → 2025-03-31¥12.3bn
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentscapex2023-04-01 → 2024-03-31¥160m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsdepreciation2023-04-01 → 2024-03-31¥127m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsrevenue2023-04-01 → 2024-03-31¥15.8bn
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsrevenue external2023-04-01 → 2024-03-31¥13.1bn
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsrevenue intersegment2023-04-01 → 2024-03-31¥2.7bn
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentssegment assetsat 2024-03-31¥21.7bn
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentssegment profit2023-04-01 → 2024-03-31¥1.2bn
Reconciling Itemsreconcilingcapex2023-04-01 → 2024-03-31¥338m
Reconciling Itemsreconcilingdepreciation2023-04-01 → 2024-03-31¥412m
Reconciling Itemsreconcilingrevenue2023-04-01 → 2024-03-31−¥2.7bn
Reconciling Itemsreconcilingrevenue intersegment2023-04-01 → 2024-03-31−¥2.7bn
Reconciling Itemsreconcilingsegment assetsat 2024-03-31¥58.7bn
Reconciling Itemsreconcilingsegment profit2023-04-01 → 2024-03-31¥489m
Automobile Industrial Machinery Parts Businessreportable segmentcapex2023-04-01 → 2024-03-31¥5.1bn
Automobile Industrial Machinery Parts Businessreportable segmentdepreciation2023-04-01 → 2024-03-31¥6.0bn
Automobile Industrial Machinery Parts Businessreportable segmentrevenue2023-04-01 → 2024-03-31¥108.1bn
Automobile Industrial Machinery Parts Businessreportable segmentrevenue external2023-04-01 → 2024-03-31¥108.0bn
Automobile Industrial Machinery Parts Businessreportable segmentrevenue intersegment2023-04-01 → 2024-03-31¥45m
Automobile Industrial Machinery Parts Businessreportable segmentsegment assetsat 2024-03-31¥129.4bn
Automobile Industrial Machinery Parts Businessreportable segmentsegment profit2023-04-01 → 2024-03-31¥6.5bn
Piping Products Products For Construction Businessreportable segmentcapex2023-04-01 → 2024-03-31¥538m
Piping Products Products For Construction Businessreportable segmentdepreciation2023-04-01 → 2024-03-31¥227m
Piping Products Products For Construction Businessreportable segmentrevenue2023-04-01 → 2024-03-31¥17.4bn
Piping Products Products For Construction Businessreportable segmentrevenue external2023-04-01 → 2024-03-31¥17.4bn
Piping Products Products For Construction Businessreportable segmentrevenue intersegment2023-04-01 → 2024-03-31¥0
Piping Products Products For Construction Businessreportable segmentsegment assetsat 2024-03-31¥10.3bn
Piping Products Products For Construction Businessreportable segmentsegment profit2023-04-01 → 2024-03-31¥558m
Total Of Reportable Segments And Otherssegment totalcapex2023-04-01 → 2024-03-31¥5.8bn
Total Of Reportable Segments And Otherssegment totaldepreciation2023-04-01 → 2024-03-31¥6.4bn
Total Of Reportable Segments And Otherssegment totalrevenue2023-04-01 → 2024-03-31¥141.3bn
Total Of Reportable Segments And Otherssegment totalrevenue external2023-04-01 → 2024-03-31¥138.6bn
Total Of Reportable Segments And Otherssegment totalrevenue intersegment2023-04-01 → 2024-03-31¥2.7bn
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2024-03-31¥161.4bn
Total Of Reportable Segments And Otherssegment totalsegment profit2023-04-01 → 2024-03-31¥8.3bn
Automobile Industrial Machinery Parts Businessreportable segmentemployeesat 2025-03-31319 pure

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

All source rows · 1,810
ItemContextValueUnit
Name of securities details of specified investment equity securities held for purposes other than pure investment second largest holding companyCurrentYearInstant_Row7Member㈱SUBARU
Purpose of shareholding overview of business alliance quantitative effects of shareholding and reason for increase in number of shares details of specified investment shares held for purposes other than pure investment second largest holding companyCurrentYearInstant_Row7Member
Original text (Japanese)主に自動車・産業機械部品事業セグメントにおいて、営業上の取引関係の円滑化、維持・強化のため保有しております。
Whether issuer of aforementioned shares holds reporting companys shares details of specified investment shares held for purposes other than pure investment second largest holding companyCurrentYearInstant_Row7Member
Original text (Japanese)無
Name of securities details of specified investment equity securities held for purposes other than pure investment second largest holding companyCurrentYearInstant_Row8Member
Original text (Japanese)大同メタル工業㈱
Purpose of shareholding overview of business alliance quantitative effects of shareholding and reason for increase in number of shares details of specified investment shares held for purposes other than pure investment second largest holding companyCurrentYearInstant_Row8Member
Original text (Japanese)欧州における共同事業の円滑化のため保有しております。
Whether issuer of aforementioned shares holds reporting companys shares details of specified investment shares held for purposes other than pure investment second largest holding companyCurrentYearInstant_Row8Member
Original text (Japanese)有
Footnotes specified investment shares held for purposes other than pure investment second largest holding company (text)CurrentYearInstant_Row1MemberText · Plus
Footnotes specified investment shares held for purposes other than pure investment second largest holding company (text)CurrentYearInstant_Row2MemberText · Plus
Footnotes specified investment shares held for purposes other than pure investment second largest holding company (text)CurrentYearInstant_Row3MemberText · Plus
Footnotes specified investment shares held for purposes other than pure investment second largest holding company (text)CurrentYearInstant_Row4MemberText · Plus
Footnotes specified investment shares held for purposes other than pure investment second largest holding company (text)CurrentYearInstant_Row5MemberText · Plus
Regulations in accordance with which consolidated financial statements have been prepared financial informationCurrentYearDurationText · Plus
Regulations in accordance with which financial statements have been prepared financial informationCurrentYearDurationText · Plus
Description of fact that financial statements have been prepared in accordance with special provision financial informationCurrentYearDuration
Original text (Japanese) また、当社は、特例財務諸表提出会社に該当し、財務諸表等規則第127条の規定により財務諸表を作成しております。
Description about preparation of consolidated financial statements by joint share transfer financial informationCurrentYearDurationText · Plus
Note on independent audit financial informationCurrentYearDurationText · Plus
Remarkable efforts to ensure fair presentation of consolidated financial statements etc financial informationCurrentYearDurationText · Plus
Consolidated balance sheet (text)CurrentYearDurationText · Plus
Consolidated statement of income (text)CurrentYearDurationText · Plus
Consolidated statement of comprehensive income (text)CurrentYearDurationText · Plus
Consolidated statement of changes in equity (text)CurrentYearDurationText · Plus
Consolidated statement of cash flows (text)CurrentYearDurationText · Plus
Notes significant accounting policies for preparation of consolidated financial statements (text)CurrentYearDurationText · Plus
Number of consolidated subsidiaries and names of major consolidated subsidiaries (text)CurrentYearDurationText · Plus
Names of major unconsolidated subsidiaries and reasons for exclusion from scope of consolidation (text)CurrentYearDurationText · Plus
Number of unconsolidated subsidiaries and associates accounted for using equity method and names of major entities accounted for using equity method (text)CurrentYearDurationText · Plus
Changes in scope of application of equity method (text)CurrentYearDurationText · Plus
Names of major unconsolidated subsidiaries and associates and reasons for not being accounted for using equity method (text)CurrentYearDurationText · Plus
Other specific information if deemed necessary about application of equity method (text)CurrentYearDurationText · Plus
Disclosure about fiscal years etc of consolidated subsidiaries (text)CurrentYearDurationText · Plus
Disclosure of accounting policies (text)CurrentYearDurationText · Plus
Significant accounting estimates consolidated financial statements (text)CurrentYearDurationText · Plus
Notes changes in accounting policies in accordance with changes in accounting standards etc consolidated financial statements (text)CurrentYearDurationText · Plus
Notes new accounting standards not yet applied consolidated financial statements (text)CurrentYearDurationText · Plus
Notes regarding amounts of notes and accounts receivable trade and contract assets (text)CurrentYearInstantText · Plus
Notes regarding accumulated depreciation of property plant and equipment (text)CurrentYearInstantText · Plus
Notes regarding pledged assets (text)CurrentYearInstantText · Plus
Notes regarding shares and bonds etc of unconsolidated subsidiaries and associates (text)CurrentYearInstantText · Plus
Notes regarding provision incurred from business combination (text)CurrentYearInstantText · Plus
Notes regarding promissory notes due on balance sheet date (text)CurrentYearInstantText · Plus
Debtors notes regarding overdraft contracts and or loan commitments (text)CurrentYearInstantText · Plus
Notes regarding amount of contract liabilities (text)CurrentYearInstantText · Plus
Notes regarding amount of revenue from contracts with customers (text)CurrentYearDurationText · Plus
Notes regarding write downs of inventories (text)CurrentYearDurationText · Plus
Research and development expenses included in general and administrative expenses and manufacturing cost for current period (text)CurrentYearDurationText · Plus
Notes regarding gain on sales of property plant and equipment (text)CurrentYearDurationText · Plus
Notes regarding loss on disposal of property plant and equipment (text)CurrentYearDurationText · Plus
Notes regarding loss on sales of property plant and equipment (text)CurrentYearDurationText · Plus
Notes regarding impairment loss (text)CurrentYearDurationText · Plus
Notes regarding reclassification adjustments income taxes and tax effects relating to other comprehensive income (text)CurrentYearDurationText · Plus

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 · 22 of 22 passed
balance sheet identityconsolidated 2024-03-31pass rounding
balance sheet identityconsolidated 2025-03-31pass rounding
balance sheet identitynon_consolidated 2024-03-31pass
balance sheet identitynon_consolidated 2025-03-31pass rounding
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2024-03-31pass
statement vs summary · net assetsconsolidated 2025-03-31pass
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