Annual report

Period2022-04-01 → 2023-03-31
Filed2025-06-13
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed

Amends S100R8YZ. Amended by S100VXQ6 (2025-06-13).

Key figures · 154
MetricValuePeriodScopeSource row
Revenue¥9.2bn2022-04-01 → 2023-03-31Cons.Net sales
Revenue¥8.5bn2021-04-01 → 2022-03-31Cons.Net sales
Revenue¥8.8bn2020-04-01 → 2021-03-31dCons.Net sales (5-year summary)
Revenue¥8.9bn2019-04-01 → 2020-03-31dCons.Net sales (5-year summary)
Revenue¥8.6bn2018-04-01 → 2019-03-31dCons.Net sales (5-year summary)
Operating income¥823m2022-04-01 → 2023-03-31Cons.Operating income
Operating income¥663m2021-04-01 → 2022-03-31Cons.Operating income
Ordinary income¥870m2022-04-01 → 2023-03-31Cons.Ordinary income
Ordinary income¥725m2021-04-01 → 2022-03-31Cons.Ordinary income
Ordinary income¥1.0bn2020-04-01 → 2021-03-31dCons.Ordinary income loss (5-year summary)
Ordinary income¥849m2019-04-01 → 2020-03-31dCons.Ordinary income loss (5-year summary)
Ordinary income¥1.3bn2018-04-01 → 2019-03-31dCons.Ordinary income loss (5-year summary)
Profit before tax¥977m2022-04-01 → 2023-03-31Cons.Income before income taxes
Profit before tax¥1.2bn2021-04-01 → 2022-03-31Cons.Income before income taxes
Net income (owners)¥767m2022-04-01 → 2023-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥850m2021-04-01 → 2022-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥750m2020-04-01 → 2021-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥573m2019-04-01 → 2020-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥891m2018-04-01 → 2019-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥767m2022-04-01 → 2023-03-31Cons.Profit loss
Net income¥850m2021-04-01 → 2022-03-31Cons.Profit loss
Total assets¥12.6bnat 2023-03-31Cons.Assets
Total assets¥12.4bnat 2022-03-31Cons.Assets
Total assets¥12.0bnat 2021-03-31dCons.Total assets (5-year summary)
Total assets¥10.3bnat 2020-03-31dCons.Total assets (5-year summary)
Total assets¥10.9bnat 2019-03-31dCons.Total assets (5-year summary)
Total liabilities¥3.4bnat 2023-03-31Cons.Liabilities
Total liabilities¥3.8bnat 2022-03-31Cons.Liabilities
Net assets / equity¥9.2bnat 2023-03-31Cons.Net assets
Net assets / equity¥8.5bnat 2022-03-31Cons.Net assets
Net assets / equity¥7.7bnat 2021-03-31dCons.Net assets
Net assets / equity¥5.7bnat 2020-03-31dCons.Net assets (5-year summary)
Net assets / equity¥5.2bnat 2019-03-31dCons.Net assets (5-year summary)
Cash and deposits¥1.6bnat 2023-03-31Cons.Cash and deposits
Cash and deposits¥3.5bnat 2022-03-31Cons.Cash and deposits
Cash & equivalents¥1.6bnat 2023-03-31Cons.Cash and cash equivalents
Cash & equivalents¥2.7bnat 2022-03-31Cons.Cash and cash equivalents
Cash & equivalents¥2.5bnat 2021-03-31dCons.Cash and cash equivalents
Cash & equivalents¥2.0bnat 2020-03-31dCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥2.1bnat 2019-03-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow−¥1.3bn2022-04-01 → 2023-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥993m2021-04-01 → 2022-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥1.1bn2020-04-01 → 2021-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥1.6bn2019-04-01 → 2020-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥288m2018-04-01 → 2019-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow¥586m2022-04-01 → 2023-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥237m2021-04-01 → 2022-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥1.9bn2020-04-01 → 2021-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥819m2019-04-01 → 2020-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥1.4bn2018-04-01 → 2019-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥558m2022-04-01 → 2023-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥695m2021-04-01 → 2022-03-31Cons.Net cash provided by used in financing activities
Financing cash flow¥1.2bn2020-04-01 → 2021-03-31dCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥859m2019-04-01 → 2020-03-31dCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥546m2018-04-01 → 2019-03-31dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥169.772022-04-01 → 2023-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥188.092021-04-01 → 2022-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥205.642020-04-01 → 2021-03-31dCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥172.932019-04-01 → 2020-03-31dCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥268.822018-04-01 → 2019-03-31dCons.Basic earnings loss per share (5-year summary)
EPS (diluted)¥169.232022-04-01 → 2023-03-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥187.222021-04-01 → 2022-03-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥203.382020-04-01 → 2021-03-31dCons.Diluted earnings per share (5-year summary)
Net assets per share¥2,037.29at 2023-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,885.15at 2022-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,699.57at 2021-03-31dCons.Net assets per share (5-year summary)
Net assets per share¥1,704.41at 2020-03-31dCons.Net assets per share (5-year summary)
Net assets per share¥1,556.89at 2019-03-31dCons.Net assets per share (5-year summary)
Equity ratio73.2%at 2023-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio68.9%at 2022-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio64.0%at 2021-03-31dCons.Equity to asset ratio (5-year summary)
Equity ratio54.8%at 2020-03-31dCons.Equity to asset ratio (5-year summary)
Equity ratio47.4%at 2019-03-31dCons.Equity to asset ratio (5-year summary)
ROE8.7%2022-04-01 → 2023-03-31Cons.Rate of return on equity (5-year summary)
ROE10.5%2021-04-01 → 2022-03-31Cons.Rate of return on equity (5-year summary)
ROE11.2%2020-04-01 → 2021-03-31dCons.Rate of return on equity (5-year summary)
ROE10.1%2019-04-01 → 2020-03-31dCons.Rate of return on equity (5-year summary)
ROE17.3%2018-04-01 → 2019-03-31dCons.Rate of return on equity (5-year summary)
Employees334at 2023-03-31Cons.Number of employees
Employees326at 2022-03-31Cons.Number of employees
Employees316at 2021-03-31dCons.Number of employees
Employees316at 2020-03-31dCons.Number of employees
Employees293at 2019-03-31dCons.Number of employees
Revenue¥8.4bn2022-04-01 → 2023-03-31StandaloneNet sales
Revenue¥7.8bn2021-04-01 → 2022-03-31StandaloneNet sales
Revenue¥8.0bn2020-04-01 → 2021-03-31dStandaloneNet sales (5-year summary)
Revenue¥8.2bn2019-04-01 → 2020-03-31dStandaloneNet sales (5-year summary)
Revenue¥7.7bn2018-04-01 → 2019-03-31dStandaloneNet sales (5-year summary)
Operating income¥593m2022-04-01 → 2023-03-31StandaloneOperating income
Operating income¥576m2021-04-01 → 2022-03-31StandaloneOperating income
Ordinary income¥1.3bn2022-04-01 → 2023-03-31StandaloneOrdinary income
Ordinary income¥754m2021-04-01 → 2022-03-31StandaloneOrdinary income
Ordinary income¥1.0bn2020-04-01 → 2021-03-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥844m2019-04-01 → 2020-03-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥1.3bn2018-04-01 → 2019-03-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥1.4bn2022-04-01 → 2023-03-31StandaloneIncome before income taxes
Profit before tax¥755m2021-04-01 → 2022-03-31StandaloneIncome before income taxes
Net income¥1.1bn2022-04-01 → 2023-03-31StandaloneProfit loss
Net income¥562m2021-04-01 → 2022-03-31StandaloneProfit loss
Net income¥794m2020-04-01 → 2021-03-31dStandaloneNet income loss (5-year summary)
Net income¥580m2019-04-01 → 2020-03-31dStandaloneNet income loss (5-year summary)
Net income¥892m2018-04-01 → 2019-03-31dStandaloneNet income loss (5-year summary)
Total assets¥11.5bnat 2023-03-31StandaloneAssets
Total assets¥10.9bnat 2022-03-31StandaloneAssets
Total assets¥10.7bnat 2021-03-31dStandaloneTotal assets (5-year summary)
Total assets¥9.0bnat 2020-03-31dStandaloneTotal assets (5-year summary)
Total assets¥9.7bnat 2019-03-31dStandaloneTotal assets (5-year summary)
Total liabilities¥3.1bnat 2023-03-31StandaloneLiabilities
Total liabilities¥3.3bnat 2022-03-31StandaloneLiabilities
Net assets / equity¥8.4bnat 2023-03-31StandaloneNet assets
Net assets / equity¥7.5bnat 2022-03-31StandaloneNet assets
Net assets / equity¥7.1bnat 2021-03-31dStandaloneNet assets
Net assets / equity¥5.0bnat 2020-03-31dStandaloneNet assets (5-year summary)
Net assets / equity¥4.5bnat 2019-03-31dStandaloneNet assets (5-year summary)
Cash and deposits¥809mat 2023-03-31StandaloneCash and deposits
Cash and deposits¥1.9bnat 2022-03-31StandaloneCash and deposits
EPS (basic)¥248.212022-04-01 → 2023-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥124.322021-04-01 → 2022-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥217.712020-04-01 → 2021-03-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥174.822019-04-01 → 2020-03-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥269.142018-04-01 → 2019-03-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥247.432022-04-01 → 2023-03-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥123.752021-04-01 → 2022-03-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥215.322020-04-01 → 2021-03-31dStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥402022-04-01 → 2023-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥452021-04-01 → 2022-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥402020-04-01 → 2021-03-31dStandaloneDividend paid per share (5-year summary)
Dividend per share¥202019-04-01 → 2020-03-31dStandaloneDividend paid per share (5-year summary)
Dividend per share¥202018-04-01 → 2019-03-31dStandaloneDividend paid per share (5-year summary)
Net assets per share¥1,865.68at 2023-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,661.81at 2022-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,577.02at 2021-03-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥1,521.6at 2020-03-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥1,367.08at 2019-03-31dStandaloneNet assets per share (5-year summary)
Equity ratio73.2%at 2023-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio69.2%at 2022-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio66.5%at 2021-03-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio56.1%at 2020-03-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio46.7%at 2019-03-31dStandaloneEquity to asset ratio (5-year summary)
ROE14.1%2022-04-01 → 2023-03-31StandaloneRate of return on equity (5-year summary)
ROE7.7%2021-04-01 → 2022-03-31StandaloneRate of return on equity (5-year summary)
ROE13.0%2020-04-01 → 2021-03-31dStandaloneRate of return on equity (5-year summary)
ROE11.5%2019-04-01 → 2020-03-31dStandaloneRate of return on equity (5-year summary)
ROE19.7%2018-04-01 → 2019-03-31dStandaloneRate of return on equity (5-year summary)
Shares issued4,520,700at 2023-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued4,519,700at 2022-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued4,519,700at 2021-03-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued331,520at 2020-03-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued331,520at 2019-03-31dStandaloneTotal number of issued shares (5-year summary)
Employees236at 2023-03-31StandaloneNumber of employees
Employees233at 2022-03-31StandaloneNumber of employees
Employees228at 2021-03-31dStandaloneNumber of employees
Employees223at 2020-03-31dStandaloneNumber of employees
Employees199at 2019-03-31dStandaloneNumber 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 · 2
SegmentItemPeriodValue
Valve Manufacturing And Sales Businessreportable segmentemployeesat 2023-03-31257 pure
Valve Manufacturing And Sales Businessreportable segmentemployeesat 2023-03-31203 pure

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

All source rows · 1,401
ItemContextValueUnit
Net assetsPrior1YearInstant8520275000JPY
Issuance of new sharesCurrentYearDuration812000JPY
Dividends from surplusCurrentYearDuration-203385000JPY
Profit loss attributable to owners of parentCurrentYearDuration767289000JPY
Purchase of treasury stockCurrentYearDuration-24000JPY
Increases and decreases due to liquidation of consolidated subsidiary companiesCurrentYearDuration-1577000JPY
Net changes of items other than shareholders equityCurrentYearDuration_ValuationDifferenceOnAvailableForSaleSecuritiesMember5528000JPY
Net changes of items other than shareholders equityCurrentYearDuration_DeferredGainsOrLossesOnHedgesMember-1500000JPY
Net changes of items other than shareholders equityCurrentYearDuration_ForeignCurrencyTranslationAdjustmentMember122457000JPY
Net changes of items other than shareholders equityCurrentYearDuration_ValuationAndTranslationAdjustmentsMember126486000JPY
Net changes of items other than shareholders equityCurrentYearDuration126486000JPY
Total changes of items during the periodCurrentYearDuration_ValuationDifferenceOnAvailableForSaleSecuritiesMember5528000JPY
Total changes of items during the periodCurrentYearDuration_DeferredGainsOrLossesOnHedgesMember-1500000JPY
Total changes of items during the periodCurrentYearDuration_ForeignCurrencyTranslationAdjustmentMember122457000JPY
Total changes of items during the periodCurrentYearDuration_ValuationAndTranslationAdjustmentsMember126486000JPY
Total changes of items during the periodCurrentYearDuration689599000JPY
Net assetsCurrentYearInstant_ValuationDifferenceOnAvailableForSaleSecuritiesMember7497000JPY
Net assetsCurrentYearInstant_DeferredGainsOrLossesOnHedgesMember-JPY
Net assetsCurrentYearInstant_ForeignCurrencyTranslationAdjustmentMember211953000JPY
Net assetsCurrentYearInstant_ValuationAndTranslationAdjustmentsMember219450000JPY
Net assetsCurrentYearInstant9209875000JPY
Income before income taxesPrior1YearDuration1214301000JPY
Income before income taxesCurrentYearDuration977218000JPY
Depreciation and amortization ope cfPrior1YearDuration378787000JPY
Depreciation and amortization ope cfCurrentYearDuration331678000JPY
Impairment loss ope cfPrior1YearDuration4382000JPY
Impairment loss ope cfCurrentYearDuration14195000JPY
Increase decrease in allowance for doubtful accounts ope cfPrior1YearDuration-256000JPY
Increase decrease in allowance for doubtful accounts ope cfCurrentYearDuration1458000JPY
Increase decrease in provision for product warranties ope cfPrior1YearDuration6403000JPY
Increase decrease in provision for product warranties ope cfCurrentYearDuration50508000JPY
Increase decrease in provision for bonuses ope cfPrior1YearDuration-17186000JPY
Increase decrease in provision for bonuses ope cfCurrentYearDuration-11852000JPY
Increase decrease in net defined benefit asset ope cfPrior1YearDuration4052000JPY
Increase decrease in net defined benefit asset ope cfCurrentYearDuration13786000JPY
Loss gain on disposal of property plant and equipment ope cfPrior1YearDuration104530000JPY
Loss gain on disposal of property plant and equipment ope cfCurrentYearDuration-3519000JPY
Interest and dividends income ope cfPrior1YearDuration-14875000JPY
Interest and dividends income ope cfCurrentYearDuration-12549000JPY
Interest expenses ope cfPrior1YearDuration17238000JPY
Interest expenses ope cfCurrentYearDuration15696000JPY
Surrender value of insurance ope cfPrior1YearDuration-30209000JPY
Surrender value of insurance ope cfCurrentYearDuration-JPY
Decrease increase in notes and accounts receivable trade ope cfPrior1YearDuration-177018000JPY
Decrease increase in notes and accounts receivable trade ope cfCurrentYearDuration-1393552000JPY
Decrease increase in contract assets ope cfPrior1YearDuration-249000JPY
Decrease increase in contract assets ope cfCurrentYearDuration-214000JPY
Increase decrease in notes and accounts payable trade ope cfPrior1YearDuration133227000JPY
Increase decrease in notes and accounts payable trade ope cfCurrentYearDuration-12611000JPY
Increase decrease in contract liabilities ope cfPrior1YearDuration6592000JPY

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 2022-03-31pass rounding
balance sheet identityconsolidated 2023-03-31pass rounding
balance sheet identitynon_consolidated 2022-03-31pass
balance sheet identitynon_consolidated 2023-03-31pass rounding
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2021-03-31pass
statement vs summary · net assetsconsolidated 2022-03-31pass
statement vs summary · net assetsconsolidated 2023-03-31pass
statement vs summary · net assetsnon_consolidated 2021-03-31pass
statement vs summary · net assetsnon_consolidated 2022-03-31pass
statement vs summary · net assetsnon_consolidated 2023-03-31pass
statement vs summary · net income attributable to parentconsolidated 2021-04-01/2022-03-31pass
statement vs summary · net income attributable to parentconsolidated 2022-04-01/2023-03-31pass
statement vs summary · operating cash flowconsolidated 2021-04-01/2022-03-31pass
statement vs summary · operating cash flowconsolidated 2022-04-01/2023-03-31pass
statement vs summary · revenueconsolidated 2021-04-01/2022-03-31pass
statement vs summary · revenueconsolidated 2022-04-01/2023-03-31pass
statement vs summary · revenuenon_consolidated 2021-04-01/2022-03-31pass
statement vs summary · revenuenon_consolidated 2022-04-01/2023-03-31pass
statement vs summary · total assetsconsolidated 2022-03-31pass
statement vs summary · total assetsconsolidated 2023-03-31pass
statement vs summary · total assetsnon_consolidated 2022-03-31pass
statement vs summary · total assetsnon_consolidated 2023-03-31pass