Annual report

Period2022-04-01 → 2023-03-31
Filed2023-06-28
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 142
MetricValuePeriodScopeSource row
Revenue¥2.2bn2022-04-01 → 2023-03-31Cons.Net sales
Revenue¥1.9bn2021-04-01 → 2022-03-31Cons.Net sales
Revenue¥2.3bn2020-04-01 → 2021-03-31dCons.Net sales (5-year summary)
Revenue¥2.7bn2019-04-01 → 2020-03-31dCons.Net sales (5-year summary)
Revenue¥2.5bn2018-04-01 → 2019-03-31dCons.Net sales (5-year summary)
Operating income¥152m2022-04-01 → 2023-03-31Cons.Operating income
Operating income¥89m2021-04-01 → 2022-03-31Cons.Operating income
Ordinary income¥138m2022-04-01 → 2023-03-31Cons.Ordinary income
Ordinary income¥150m2021-04-01 → 2022-03-31Cons.Ordinary income
Ordinary income¥222m2020-04-01 → 2021-03-31dCons.Ordinary income loss (5-year summary)
Ordinary income¥39m2019-04-01 → 2020-03-31dCons.Ordinary income loss (5-year summary)
Ordinary income¥135m2018-04-01 → 2019-03-31dCons.Ordinary income loss (5-year summary)
Profit before tax¥129m2022-04-01 → 2023-03-31Cons.Income before income taxes
Profit before tax¥134m2021-04-01 → 2022-03-31Cons.Income before income taxes
Net income (owners)¥123m2022-04-01 → 2023-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥128m2021-04-01 → 2022-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥202m2020-04-01 → 2021-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥166m2019-04-01 → 2020-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥117m2018-04-01 → 2019-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥123m2022-04-01 → 2023-03-31Cons.Profit loss
Net income¥128m2021-04-01 → 2022-03-31Cons.Profit loss
Total assets¥5.4bnat 2023-03-31Cons.Assets
Total assets¥4.6bnat 2022-03-31Cons.Assets
Total assets¥4.7bnat 2021-03-31dCons.Total assets (5-year summary)
Total assets¥4.1bnat 2020-03-31dCons.Total assets (5-year summary)
Total assets¥4.1bnat 2019-03-31dCons.Total assets (5-year summary)
Total liabilities¥1.1bnat 2023-03-31Cons.Liabilities
Total liabilities¥880mat 2022-03-31Cons.Liabilities
Net assets / equity¥4.3bnat 2023-03-31Cons.Net assets
Net assets / equity¥3.7bnat 2022-03-31Cons.Net assets
Net assets / equity¥3.6bnat 2021-03-31dCons.Net assets
Net assets / equity¥3.0bnat 2020-03-31dCons.Net assets (5-year summary)
Net assets / equity¥2.8bnat 2019-03-31dCons.Net assets (5-year summary)
Cash and deposits¥1.4bnat 2023-03-31Cons.Cash and deposits
Cash and deposits¥1.4bnat 2022-03-31Cons.Cash and deposits
Cash & equivalents¥1.4bnat 2023-03-31Cons.Cash and cash equivalents
Cash & equivalents¥1.4bnat 2022-03-31Cons.Cash and cash equivalents
Cash & equivalents¥2.2bnat 2021-03-31dCons.Cash and cash equivalents
Cash & equivalents¥1.3bnat 2020-03-31dCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥1.3bnat 2019-03-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow−¥4m2022-04-01 → 2023-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥301m2021-04-01 → 2022-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥435m2020-04-01 → 2021-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥379m2019-04-01 → 2020-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥1m2018-04-01 → 2019-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥25m2022-04-01 → 2023-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥1.1bn2021-04-01 → 2022-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥48m2020-04-01 → 2021-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥5m2019-04-01 → 2020-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥16m2018-04-01 → 2019-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥7m2022-04-01 → 2023-03-31Cons.Net cash provided by used in financing activities
Financing cash flow¥7m2021-04-01 → 2022-03-31Cons.Net cash provided by used in financing activities
Financing cash flow¥602m2020-04-01 → 2021-03-31dCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥362m2019-04-01 → 2020-03-31dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥2.912022-04-01 → 2023-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥3.372021-04-01 → 2022-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥5.852020-04-01 → 2021-03-31dCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-5.152019-04-01 → 2020-03-31dCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥3.822018-04-01 → 2019-03-31dCons.Basic earnings loss per share (5-year summary)
Net assets per share¥98.68at 2023-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥97.71at 2022-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥93.79at 2021-03-31dCons.Net assets per share (5-year summary)
Net assets per share¥86.29at 2020-03-31dCons.Net assets per share (5-year summary)
Net assets per share¥91.07at 2019-03-31dCons.Net assets per share (5-year summary)
Equity ratio80.5%at 2023-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio80.8%at 2022-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio75.5%at 2021-03-31dCons.Equity to asset ratio (5-year summary)
Equity ratio72.8%at 2020-03-31dCons.Equity to asset ratio (5-year summary)
Equity ratio68.9%at 2019-03-31dCons.Equity to asset ratio (5-year summary)
ROE3.0%2022-04-01 → 2023-03-31Cons.Rate of return on equity (5-year summary)
ROE3.5%2021-04-01 → 2022-03-31Cons.Rate of return on equity (5-year summary)
ROE6.2%2020-04-01 → 2021-03-31dCons.Rate of return on equity (5-year summary)
ROE-5.8%2019-04-01 → 2020-03-31dCons.Rate of return on equity (5-year summary)
ROE4.3%2018-04-01 → 2019-03-31dCons.Rate of return on equity (5-year summary)
Employees83at 2023-03-31Cons.Number of employees
Employees81at 2022-03-31Cons.Number of employees
Employees82at 2021-03-31dCons.Number of employees
Employees89at 2020-03-31dCons.Number of employees
Employees89at 2019-03-31dCons.Number of employees
Revenue¥279m2022-04-01 → 2023-03-31StandaloneOperating revenue1
Revenue¥271m2021-04-01 → 2022-03-31StandaloneOperating revenue1
Revenue¥272m2020-04-01 → 2021-03-31dStandaloneOperating revenue1 (5-year summary)
Revenue¥272m2019-04-01 → 2020-03-31dStandaloneOperating revenue1 (5-year summary)
Revenue¥272m2018-04-01 → 2019-03-31dStandaloneOperating revenue1 (5-year summary)
Operating income¥113m2022-04-01 → 2023-03-31StandaloneOperating income
Operating income¥112m2021-04-01 → 2022-03-31StandaloneOperating income
Ordinary income¥119m2022-04-01 → 2023-03-31StandaloneOrdinary income
Ordinary income¥115m2021-04-01 → 2022-03-31StandaloneOrdinary income
Ordinary income¥123m2020-04-01 → 2021-03-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥77m2019-04-01 → 2020-03-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥90m2018-04-01 → 2019-03-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥113m2022-04-01 → 2023-03-31StandaloneIncome before income taxes
Profit before tax¥111m2021-04-01 → 2022-03-31StandaloneIncome before income taxes
Net income¥123m2022-04-01 → 2023-03-31StandaloneProfit loss
Net income¥101m2021-04-01 → 2022-03-31StandaloneProfit loss
Net income¥132m2020-04-01 → 2021-03-31dStandaloneNet income loss (5-year summary)
Net income−¥689m2019-04-01 → 2020-03-31dStandaloneNet income loss (5-year summary)
Net income¥72m2018-04-01 → 2019-03-31dStandaloneNet income loss (5-year summary)
Total assets¥4.5bnat 2023-03-31StandaloneAssets
Total assets¥3.8bnat 2022-03-31StandaloneAssets
Total assets¥3.7bnat 2021-03-31dStandaloneTotal assets (5-year summary)
Total assets¥3.3bnat 2020-03-31dStandaloneTotal assets (5-year summary)
Total assets¥3.7bnat 2019-03-31dStandaloneTotal assets (5-year summary)
Total liabilities¥269mat 2023-03-31StandaloneLiabilities
Total liabilities¥240mat 2022-03-31StandaloneLiabilities
Net assets / equity¥4.2bnat 2023-03-31StandaloneNet assets
Net assets / equity¥3.6bnat 2022-03-31StandaloneNet assets
Net assets / equity¥3.5bnat 2021-03-31dStandaloneNet assets
Net assets / equity¥2.9bnat 2020-03-31dStandaloneNet assets (5-year summary)
Net assets / equity¥3.3bnat 2019-03-31dStandaloneNet assets (5-year summary)
Cash and deposits¥866mat 2023-03-31StandaloneCash and deposits
Cash and deposits¥728mat 2022-03-31StandaloneCash and deposits
EPS (basic)¥2.922022-04-01 → 2023-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥2.672021-04-01 → 2022-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥3.812020-04-01 → 2021-03-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-21.412019-04-01 → 2020-03-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥2.362018-04-01 → 2019-03-31dStandaloneBasic earnings loss per share (5-year summary)
Net assets per share¥95.84at 2023-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥94.45at 2022-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥91.37at 2021-03-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥85.67at 2020-03-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥107.42at 2019-03-31dStandaloneNet assets per share (5-year summary)
Equity ratio94.0%at 2023-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio93.7%at 2022-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio92.9%at 2021-03-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio88.9%at 2020-03-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio88.6%at 2019-03-31dStandaloneEquity to asset ratio (5-year summary)
ROE3.2%2022-04-01 → 2023-03-31StandaloneRate of return on equity (5-year summary)
ROE2.9%2021-04-01 → 2022-03-31StandaloneRate of return on equity (5-year summary)
ROE4.1%2020-04-01 → 2021-03-31dStandaloneRate of return on equity (5-year summary)
ROE-22.1%2019-04-01 → 2020-03-31dStandaloneRate of return on equity (5-year summary)
ROE2.2%2018-04-01 → 2019-03-31dStandaloneRate of return on equity (5-year summary)
Shares issued44,051,000at 2023-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued37,913,000at 2022-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued37,913,000at 2021-03-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued34,313,000at 2020-03-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued30,713,000at 2019-03-31dStandaloneTotal number of issued shares (5-year summary)
Employees3at 2023-03-31StandaloneNumber of employees
Employees2at 2022-03-31StandaloneNumber of employees
Employees2at 2021-03-31dStandaloneNumber of employees
Employees2at 2020-03-31dStandaloneNumber of employees
Employees3at 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 · 47
SegmentItemPeriodValue
Otherother segmentsrevenue2022-04-01 → 2023-03-31¥279m
Otherother segmentsrevenue intersegment2022-04-01 → 2023-03-31¥279m
Otherother segmentssegment profit2022-04-01 → 2023-03-31¥257m
Reconciling Itemsreconcilingcapex2022-04-01 → 2023-03-31¥8m
Reconciling Itemsreconcilingdepreciation2022-04-01 → 2023-03-31¥25m
Reconciling Itemsreconcilingrevenue2022-04-01 → 2023-03-31−¥279m
Reconciling Itemsreconcilingrevenue intersegment2022-04-01 → 2023-03-31−¥279m
Reconciling Itemsreconcilingsegment assetsat 2023-03-31¥3.6bn
Reconciling Itemsreconcilingsegment profit2022-04-01 → 2023-03-31−¥145m
Industrial Furnace And Combustion Equipmentreportable segmentcapex2022-04-01 → 2023-03-31¥8m
Industrial Furnace And Combustion Equipmentreportable segmentdepreciation2022-04-01 → 2023-03-31¥14m
Industrial Furnace And Combustion Equipmentreportable segmentemployeesat 2023-03-3181 pure
Industrial Furnace And Combustion Equipmentreportable segmentrevenue2022-04-01 → 2023-03-31¥2.2bn
Industrial Furnace And Combustion Equipmentreportable segmentrevenue external2022-04-01 → 2023-03-31¥2.2bn
Industrial Furnace And Combustion Equipmentreportable segmentsegment assetsat 2023-03-31¥1.8bn
Industrial Furnace And Combustion Equipmentreportable segmentsegment profit2022-04-01 → 2023-03-31¥40m
—segment totalcapex2022-04-01 → 2023-03-31¥8m
—segment totaldepreciation2022-04-01 → 2023-03-31¥14m
—segment totalrevenue2022-04-01 → 2023-03-31¥2.4bn
—segment totalrevenue external2022-04-01 → 2023-03-31¥2.2bn
—segment totalrevenue intersegment2022-04-01 → 2023-03-31¥279m
—segment totalsegment assetsat 2023-03-31¥1.8bn
—segment totalsegment profit2022-04-01 → 2023-03-31¥297m
Otherother segmentsrevenue2021-04-01 → 2022-03-31¥271m
Otherother segmentsrevenue external2021-04-01 → 2022-03-31¥900,000
Otherother segmentsrevenue intersegment2021-04-01 → 2022-03-31¥270m
Otherother segmentssegment profit2021-04-01 → 2022-03-31¥256m
Reconciling Itemsreconcilingcapex2021-04-01 → 2022-03-31¥89m
Reconciling Itemsreconcilingdepreciation2021-04-01 → 2022-03-31¥16m
Reconciling Itemsreconcilingrevenue2021-04-01 → 2022-03-31−¥270m
Reconciling Itemsreconcilingrevenue intersegment2021-04-01 → 2022-03-31−¥270m
Reconciling Itemsreconcilingsegment assetsat 2022-03-31¥3.0bn
Reconciling Itemsreconcilingsegment profit2021-04-01 → 2022-03-31−¥143m
Industrial Furnace And Combustion Equipmentreportable segmentcapex2021-04-01 → 2022-03-31¥8m
Industrial Furnace And Combustion Equipmentreportable segmentdepreciation2021-04-01 → 2022-03-31¥13m
Industrial Furnace And Combustion Equipmentreportable segmentrevenue2021-04-01 → 2022-03-31¥1.9bn
Industrial Furnace And Combustion Equipmentreportable segmentrevenue external2021-04-01 → 2022-03-31¥1.9bn
Industrial Furnace And Combustion Equipmentreportable segmentsegment assetsat 2022-03-31¥1.6bn
Industrial Furnace And Combustion Equipmentreportable segmentsegment profit2021-04-01 → 2022-03-31−¥23m
—segment totalcapex2021-04-01 → 2022-03-31¥8m
—segment totaldepreciation2021-04-01 → 2022-03-31¥13m
—segment totalrevenue2021-04-01 → 2022-03-31¥2.2bn
—segment totalrevenue external2021-04-01 → 2022-03-31¥1.9bn
—segment totalrevenue intersegment2021-04-01 → 2022-03-31¥270m
—segment totalsegment assetsat 2022-03-31¥1.6bn
—segment totalsegment profit2021-04-01 → 2022-03-31¥232m
Industrial Furnace And Combustion Equipmentreportable segmentemployeesat 2023-03-311 pure

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

All source rows · 1,324
ItemContextValueUnit
Number of employeesPrior3YearInstant89
Number of employeesPrior2YearInstant82
Number of employeesPrior1YearInstant81
Number of employeesCurrentYearInstant83
Average number of temporary workersPrior4YearInstant1
Average number of temporary workersPrior3YearInstant1
Average number of temporary workersPrior2YearInstant18
Average number of temporary workersPrior1YearInstant1
Average number of temporary workersCurrentYearInstant1
Operating revenue1 (5-year summary)Prior4YearDuration_NonConsolidatedMember272001000JPY
Operating revenue1 (5-year summary)Prior3YearDuration_NonConsolidatedMember271800000JPY
Operating revenue1 (5-year summary)Prior2YearDuration_NonConsolidatedMember271800000JPY
Operating revenue1 (5-year summary)Prior1YearDuration_NonConsolidatedMember270900000JPY
Operating revenue1 (5-year summary)CurrentYearDuration_NonConsolidatedMember279000000JPY
Ordinary income loss (5-year summary)Prior4YearDuration_NonConsolidatedMember90396000JPY
Ordinary income loss (5-year summary)Prior3YearDuration_NonConsolidatedMember76698000JPY
Ordinary income loss (5-year summary)Prior2YearDuration_NonConsolidatedMember122556000JPY
Ordinary income loss (5-year summary)Prior1YearDuration_NonConsolidatedMember114636000JPY
Ordinary income loss (5-year summary)CurrentYearDuration_NonConsolidatedMember119110000JPY
Net income loss (5-year summary)Prior4YearDuration_NonConsolidatedMember72400000JPY
Net income loss (5-year summary)Prior3YearDuration_NonConsolidatedMember-689450000JPY
Net income loss (5-year summary)Prior2YearDuration_NonConsolidatedMember131522000JPY
Net income loss (5-year summary)Prior1YearDuration_NonConsolidatedMember101140000JPY
Net income loss (5-year summary)CurrentYearDuration_NonConsolidatedMember122966000JPY
Capital stock (5-year summary)Prior4YearInstant_NonConsolidatedMember2131532000JPY
Capital stock (5-year summary)Prior3YearInstant_NonConsolidatedMember2307932000JPY
Capital stock (5-year summary)Prior2YearInstant_NonConsolidatedMember2499380000JPY
Capital stock (5-year summary)Prior1YearInstant_NonConsolidatedMember100000000JPY
Capital stock (5-year summary)CurrentYearInstant_NonConsolidatedMember100000000JPY
Total number of issued shares (5-year summary)Prior4YearInstant_NonConsolidatedMember30713000
Total number of issued shares (5-year summary)Prior3YearInstant_NonConsolidatedMember34313000
Total number of issued shares (5-year summary)Prior2YearInstant_NonConsolidatedMember37913000
Total number of issued shares (5-year summary)Prior1YearInstant_NonConsolidatedMember37913000
Total number of issued shares (5-year summary)CurrentYearInstant_NonConsolidatedMember44051000
Net assets (5-year summary)Prior4YearInstant_NonConsolidatedMember3299211000JPY
Net assets (5-year summary)Prior3YearInstant_NonConsolidatedMember2944515000JPY
Net assets (5-year summary)Prior2YearInstant_NonConsolidatedMember3464168000JPY
Net assets (5-year summary)Prior1YearInstant_NonConsolidatedMember3580914000JPY
Net assets (5-year summary)CurrentYearInstant_NonConsolidatedMember4221697000JPY
Total assets (5-year summary)Prior4YearInstant_NonConsolidatedMember3722370000JPY
Total assets (5-year summary)Prior3YearInstant_NonConsolidatedMember3308179000JPY
Total assets (5-year summary)Prior2YearInstant_NonConsolidatedMember3728723000JPY
Total assets (5-year summary)Prior1YearInstant_NonConsolidatedMember3820459000JPY
Total assets (5-year summary)CurrentYearInstant_NonConsolidatedMember4490839000JPY
Net assets per share (5-year summary)Prior4YearInstant_NonConsolidatedMember107.42
Net assets per share (5-year summary)Prior3YearInstant_NonConsolidatedMember85.67
Net assets per share (5-year summary)Prior2YearInstant_NonConsolidatedMember91.37
Net assets per share (5-year summary)Prior1YearInstant_NonConsolidatedMember94.45
Net assets per share (5-year summary)CurrentYearInstant_NonConsolidatedMember95.84
Dividend paid per share (5-year summary)Prior4YearDuration_NonConsolidatedMember-

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
balance sheet identitynon_consolidated 2022-03-31pass rounding
balance sheet identitynon_consolidated 2023-03-31pass
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