Annual report

Period2025-04-01 → 2026-03-31
Filed2026-06-22
StandardJapan GAAP
ConsolidatedYes
Data checks20 of 20 passed
Key figures · 138
MetricValuePeriodScopeSource row
Operating income¥14.7bn2025-04-01 → 2026-03-31Cons.Operating income
Operating income¥10.9bn2024-04-01 → 2025-03-31Cons.Operating income
Ordinary income¥14.9bn2025-04-01 → 2026-03-31Cons.Ordinary income
Ordinary income¥11.1bn2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income¥10.3bn2023-04-01 → 2024-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥11.2bn2022-04-01 → 2023-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥11.3bn2021-04-01 → 2022-03-31vCons.Ordinary income loss (5-year summary)
Profit before tax¥15.0bn2025-04-01 → 2026-03-31Cons.Income before income taxes
Profit before tax¥11.5bn2024-04-01 → 2025-03-31Cons.Income before income taxes
Net income (owners)¥10.5bn2025-04-01 → 2026-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥8.1bn2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥7.2bn2023-04-01 → 2024-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥7.7bn2022-04-01 → 2023-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥7.7bn2021-04-01 → 2022-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥10.7bn2025-04-01 → 2026-03-31Cons.Profit loss
Net income¥8.2bn2024-04-01 → 2025-03-31Cons.Profit loss
Total assets¥121.2bnat 2026-03-31Cons.Assets
Total assets¥115.2bnat 2025-03-31Cons.Assets
Total assets¥110.7bnat 2024-03-31vCons.Total assets (5-year summary)
Total assets¥114.2bnat 2023-03-31vCons.Total assets (5-year summary)
Total assets¥100.8bnat 2022-03-31vCons.Total assets (5-year summary)
Total liabilities¥28.6bnat 2026-03-31Cons.Liabilities
Total liabilities¥29.5bnat 2025-03-31Cons.Liabilities
Net assets / equity¥92.6bnat 2026-03-31Cons.Net assets
Net assets / equity¥85.7bnat 2025-03-31Cons.Net assets
Net assets / equity¥84.1bnat 2024-03-31vCons.Net assets
Net assets / equity¥83.3bnat 2023-03-31vCons.Net assets (5-year summary)
Net assets / equity¥79.3bnat 2022-03-31vCons.Net assets (5-year summary)
Cash and deposits¥5.8bnat 2026-03-31Cons.Cash and deposits
Cash and deposits¥3.6bnat 2025-03-31Cons.Cash and deposits
Cash & equivalents¥5.8bnat 2026-03-31Cons.Cash and cash equivalents
Cash & equivalents¥3.6bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥12.4bnat 2024-03-31vCons.Cash and cash equivalents
Cash & equivalents¥17.8bnat 2023-03-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥12.8bnat 2022-03-31vCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥14.4bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in operating activities
Operating cash flow−¥107m2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥3.6bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥10.1bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥11.2bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥5.1bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥2.3bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥1.7bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥1.9bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥2.2bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥7.0bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥6.5bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥7.2bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥3.3bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥2.8bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥193.712025-04-01 → 2026-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥150.892024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥134.22023-04-01 → 2024-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥142.932022-04-01 → 2023-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥143.042021-04-01 → 2022-03-31vCons.Basic earnings loss per share (5-year summary)
Net assets per share¥1,693.76at 2026-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,576.12at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,562.89at 2024-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥1,524.55at 2023-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥1,450.39at 2022-03-31vCons.Net assets per share (5-year summary)
Equity ratio75.5%at 2026-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio73.8%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio75.2%at 2024-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio72.2%at 2023-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio78.0%at 2022-03-31vCons.Equity to asset ratio (5-year summary)
ROE11.9%2025-04-01 → 2026-03-31Cons.Rate of return on equity (5-year summary)
ROE9.6%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
ROE8.7%2023-04-01 → 2024-03-31vCons.Rate of return on equity (5-year summary)
ROE9.6%2022-04-01 → 2023-03-31vCons.Rate of return on equity (5-year summary)
ROE10.2%2021-04-01 → 2022-03-31vCons.Rate of return on equity (5-year summary)
Employees2,153at 2026-03-31Cons.Number of employees
Employees2,155at 2025-03-31Cons.Number of employees
Employees2,125at 2024-03-31vCons.Number of employees
Employees2,083at 2023-03-31vCons.Number of employees
Employees2,011at 2022-03-31vCons.Number of employees
Operating income¥13.1bn2025-04-01 → 2026-03-31StandaloneOperating income
Operating income¥9.9bn2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income¥13.6bn2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income¥10.8bn2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥9.6bn2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥10.5bn2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥10.6bn2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥13.6bn2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax¥11.1bn2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income¥10.0bn2025-04-01 → 2026-03-31StandaloneProfit loss
Net income¥8.1bn2024-04-01 → 2025-03-31StandaloneProfit loss
Net income¥6.7bn2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income¥7.4bn2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income¥8.6bn2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Total assets¥116.5bnat 2026-03-31StandaloneAssets
Total assets¥110.8bnat 2025-03-31StandaloneAssets
Total assets¥105.9bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥109.4bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥96.4bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥31.3bnat 2026-03-31StandaloneLiabilities
Total liabilities¥31.4bnat 2025-03-31StandaloneLiabilities
Net assets / equity¥85.2bnat 2026-03-31StandaloneNet assets
Net assets / equity¥79.5bnat 2025-03-31StandaloneNet assets
Net assets / equity¥77.8bnat 2024-03-31vStandaloneNet assets
Net assets / equity¥77.6bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥73.5bnat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥3.4bnat 2026-03-31StandaloneCash and deposits
Cash and deposits¥1.3bnat 2025-03-31StandaloneCash and deposits
EPS (basic)¥184.512025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥150.872024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥124.292023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥1362022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥159.132021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥1172025-04-01 → 2026-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥912024-04-01 → 2025-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥1352023-04-01 → 2024-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥722022-04-01 → 2023-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥582021-04-01 → 2022-03-31vStandaloneDividend paid per share (5-year summary)
Net assets per share¥1,578.1at 2026-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,472.59at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,459.65at 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥1,433.91at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥1,356.12at 2022-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio73.2%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio71.7%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio73.4%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio70.9%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio76.2%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
ROE12.1%2025-04-01 → 2026-03-31StandaloneRate of return on equity (5-year summary)
ROE10.3%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE8.6%2023-04-01 → 2024-03-31vStandaloneRate of return on equity (5-year summary)
ROE9.8%2022-04-01 → 2023-03-31vStandaloneRate of return on equity (5-year summary)
ROE12.2%2021-04-01 → 2022-03-31vStandaloneRate of return on equity (5-year summary)
Shares issued54,168,053at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued54,168,053at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued54,168,053at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued54,168,053at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued54,168,053at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees1,704at 2026-03-31StandaloneNumber of employees
Employees1,691at 2025-03-31StandaloneNumber of employees
Employees1,641at 2024-03-31vStandaloneNumber of employees
Employees1,616at 2023-03-31vStandaloneNumber of employees
Employees1,615at 2022-03-31vStandaloneNumber 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
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsemployeesat 2026-03-31158 pure
Engineering Businessreportable segmentemployeesat 2026-03-311995 pure

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

All source rows · 1,710
ItemContextValueUnit
Name of securities details of specified investment equity securities held for purposes other than pure investment reporting companyCurrentYearInstant_Row13Member
Original text (Japanese) 東ソー株式会社
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 reporting companyCurrentYearInstant_Row13MemberText · Plus
Whether issuer of aforementioned shares holds reporting companys shares details of specified investment shares held for purposes other than pure investment reporting companyCurrentYearInstant_Row13Member
Original text (Japanese)無
Name of securities details of specified investment equity securities held for purposes other than pure investment reporting companyCurrentYearInstant_Row14Member
Original text (Japanese) 日本インシュレーション 株式会社
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 reporting companyCurrentYearInstant_Row14Member
Original text (Japanese)(保有目的)当社の工事施工を行う上での協力会社であり、同社との取引関係の維持・強化を図るため、継続して保有しております。
Whether issuer of aforementioned shares holds reporting companys shares details of specified investment shares held for purposes other than pure investment reporting companyCurrentYearInstant_Row14Member
Original text (Japanese)有
Name of securities details of specified investment equity securities held for purposes other than pure investment reporting companyCurrentYearInstant_Row15Member
Original text (Japanese) 旭化成株式会社
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 reporting companyCurrentYearInstant_Row15MemberText · Plus
Whether issuer of aforementioned shares holds reporting companys shares details of specified investment shares held for purposes other than pure investment reporting companyCurrentYearInstant_Row15Member
Original text (Japanese)無
Name of securities details of specified investment equity securities held for purposes other than pure investment reporting companyCurrentYearInstant_Row16Member
Original text (Japanese) 株式会社カネカ
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 reporting companyCurrentYearInstant_Row16MemberText · Plus
Whether issuer of aforementioned shares holds reporting companys shares details of specified investment shares held for purposes other than pure investment reporting companyCurrentYearInstant_Row16Member
Original text (Japanese)無
Name of securities details of specified investment equity securities held for purposes other than pure investment reporting companyCurrentYearInstant_Row17Member
Original text (Japanese) JFEホールディングス 株式会社
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 reporting companyCurrentYearInstant_Row17MemberText · Plus
Whether issuer of aforementioned shares holds reporting companys shares details of specified investment shares held for purposes other than pure investment reporting companyCurrentYearInstant_Row17Member
Original text (Japanese)無
Name of securities details of specified investment equity securities held for purposes other than pure investment reporting companyCurrentYearInstant_Row18Member
Original text (Japanese) 北越コーポレーション 株式会社
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 reporting companyCurrentYearInstant_Row18Member
Original text (Japanese)同社との取引関係の維持・強化を図るため保有しておりましたが、当事業年度に保有株式を全て売却しております。
Whether issuer of aforementioned shares holds reporting companys shares details of specified investment shares held for purposes other than pure investment reporting companyCurrentYearInstant_Row18Member
Original text (Japanese)無
Name of securities details of specified investment equity securities held for purposes other than pure investment reporting companyCurrentYearInstant_Row19Member
Original text (Japanese) 佐藤食品工業株式会社
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 reporting companyCurrentYearInstant_Row19Member
Original text (Japanese)同社との取引関係の維持・強化を図るため保有しておりましたが、当事業年度に保有株式を全て売却しております。
Whether issuer of aforementioned shares holds reporting companys shares details of specified investment shares held for purposes other than pure investment reporting companyCurrentYearInstant_Row19Member
Original text (Japanese)無
Footnotes specified investment shares held for purposes other than pure investment reporting company (text)CurrentYearInstant_Row1MemberText · Plus
Security name investment equity securities reclassified from held for pure investment to held for purposes other than pure investment reporting companyCurrentYearInstant_Row1Member-
Name of securities investment equity securities reclassified from held for purposes other than pure investment to held for pure investment reporting companyCurrentYearInstant_Row1Member-
Fiscal year of change in purpose of shareholding investment shares reclassified from held for purposes other than pure investment to held for pure investment reporting companyCurrentYearInstant_Row1Member-
Reason for change in purpose of shareholding and policy on holding or sale of shares after change investment shares reclassified from held for purposes other than pure investment to held for pure investment reporting companyCurrentYearInstant_Row1Member-
Basic policy on human resources strategy employees etc (text)FilingDateInstantText · Plus
Information about employees (text)FilingDateInstantText · Plus
Description of fact that consolidated financial statements have been prepared in accordance with special ordinance or regulations for industry in appended list financial informationCurrentYearDurationText · Plus
Description of fact that financial statements have been prepared in accordance with special ordinance or regulations for industry in appended list financial informationCurrentYearDurationText · Plus
Note on independent audit 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
Changes in scope of consolidation (text)CurrentYearDurationText · Plus
Names of major unconsolidated subsidiaries and associates and reasons for not being accounted for using 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 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 presentation of inventories and provision for loss on construction contracts (text)CurrentYearInstantText · Plus
Debtors notes regarding overdraft contracts and or loan commitments (text)CurrentYearInstantText · Plus
Notes regarding total amounts of shares of and or loans to unconsolidated subsidiaries and associates (text)CurrentYearInstantText · Plus
Notes regarding amount of revenue from contracts with customers (text)CurrentYearDurationText · Plus
Notes regarding loss on construction contracts (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 · 20 of 20 passed
balance sheet identityconsolidated 2025-03-31pass rounding
balance sheet identityconsolidated 2026-03-31pass rounding
balance sheet identitynon_consolidated 2025-03-31pass rounding
balance sheet identitynon_consolidated 2026-03-31pass
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 assetsconsolidated 2026-03-31pass
statement vs summary · net assetsnon_consolidated 2024-03-31pass
statement vs summary · net assetsnon_consolidated 2025-03-31pass
statement vs summary · net assetsnon_consolidated 2026-03-31pass
statement vs summary · net income attributable to parentconsolidated 2024-04-01/2025-03-31pass
statement vs summary · net income attributable to parentconsolidated 2025-04-01/2026-03-31pass
statement vs summary · operating cash flowconsolidated 2024-04-01/2025-03-31pass
statement vs summary · operating cash flowconsolidated 2025-04-01/2026-03-31pass
statement vs summary · total assetsconsolidated 2025-03-31pass
statement vs summary · total assetsconsolidated 2026-03-31pass
statement vs summary · total assetsnon_consolidated 2025-03-31pass
statement vs summary · total assetsnon_consolidated 2026-03-31pass