Annual report

Period2024-04-01 → 2025-03-31
Filed2025-06-27
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 153
MetricValuePeriodScopeSource row
Revenue¥165.3bn2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥155.6bn2023-04-01 → 2024-03-31Cons.Net sales
Revenue¥148.2bn2022-04-01 → 2023-03-31vCons.Net sales (5-year summary)
Revenue¥137.6bn2021-04-01 → 2022-03-31vCons.Net sales (5-year summary)
Revenue¥131.7bn2020-04-01 → 2021-03-31dCons.Net sales (5-year summary)
Operating income¥2.4bn2024-04-01 → 2025-03-31Cons.Operating income
Operating income¥2.3bn2023-04-01 → 2024-03-31Cons.Operating income
Ordinary income¥3.5bn2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income¥3.4bn2023-04-01 → 2024-03-31Cons.Ordinary income
Ordinary income¥3.8bn2022-04-01 → 2023-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥3.4bn2021-04-01 → 2022-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥3.3bn2020-04-01 → 2021-03-31dCons.Ordinary income loss (5-year summary)
Profit before tax¥4.1bn2024-04-01 → 2025-03-31Cons.Income before income taxes
Profit before tax¥4.5bn2023-04-01 → 2024-03-31Cons.Income before income taxes
Net income (owners)¥2.9bn2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥2.6bn2023-04-01 → 2024-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥2.6bn2022-04-01 → 2023-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥2.4bn2021-04-01 → 2022-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥2.2bn2020-04-01 → 2021-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥2.9bn2024-04-01 → 2025-03-31Cons.Profit loss
Net income¥2.6bn2023-04-01 → 2024-03-31Cons.Profit loss
Total assets¥85.5bnat 2025-03-31Cons.Assets
Total assets¥80.0bnat 2024-03-31Cons.Assets
Total assets¥72.0bnat 2023-03-31vCons.Total assets (5-year summary)
Total assets¥64.4bnat 2022-03-31vCons.Total assets (5-year summary)
Total assets¥63.2bnat 2021-03-31dCons.Total assets (5-year summary)
Total liabilities¥53.2bnat 2025-03-31Cons.Liabilities
Total liabilities¥48.8bnat 2024-03-31Cons.Liabilities
Net assets / equity¥32.3bnat 2025-03-31Cons.Net assets
Net assets / equity¥31.2bnat 2024-03-31Cons.Net assets
Net assets / equity¥28.2bnat 2023-03-31vCons.Net assets
Net assets / equity¥25.9bnat 2022-03-31vCons.Net assets (5-year summary)
Net assets / equity¥24.4bnat 2021-03-31dCons.Net assets (5-year summary)
Cash and deposits¥4.8bnat 2025-03-31Cons.Cash and deposits
Cash and deposits¥5.5bnat 2024-03-31Cons.Cash and deposits
Cash & equivalents¥4.8bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥5.5bnat 2024-03-31Cons.Cash and cash equivalents
Cash & equivalents¥3.4bnat 2023-03-31vCons.Cash and cash equivalents
Cash & equivalents¥3.3bnat 2022-03-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥3.6bnat 2021-03-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥2.5bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥3.7bn2023-04-01 → 2024-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥2.3bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥1.9bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥939m2020-04-01 → 2021-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥7.3bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥316m2023-04-01 → 2024-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥2.8bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥710m2021-04-01 → 2022-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥1.7bn2020-04-01 → 2021-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow¥4.1bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥1.3bn2023-04-01 → 2024-03-31Cons.Net cash provided by used in financing activities
Financing cash flow¥618m2022-04-01 → 2023-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥1.6bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥2.8bn2020-04-01 → 2021-03-31dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥145.72024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥128.842023-04-01 → 2024-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥126.772022-04-01 → 2023-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥118.882021-04-01 → 2022-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥110.332020-04-01 → 2021-03-31dCons.Basic earnings loss per share (5-year summary)
EPS (diluted)¥145.162024-04-01 → 2025-03-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥128.332023-04-01 → 2024-03-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥126.242022-04-01 → 2023-03-31vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥118.382021-04-01 → 2022-03-31vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥109.882020-04-01 → 2021-03-31dCons.Diluted earnings per share (5-year summary)
Net assets per share¥1,661.7at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,566.31at 2024-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,386.44at 2023-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥1,276.94at 2022-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥1,199.24at 2021-03-31dCons.Net assets per share (5-year summary)
Equity ratio37.7%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio39.0%at 2024-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio39.0%at 2023-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio40.2%at 2022-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio38.4%at 2021-03-31dCons.Equity to asset ratio (5-year summary)
ROE9.1%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
ROE8.8%2023-04-01 → 2024-03-31Cons.Rate of return on equity (5-year summary)
ROE9.5%2022-04-01 → 2023-03-31vCons.Rate of return on equity (5-year summary)
ROE9.6%2021-04-01 → 2022-03-31vCons.Rate of return on equity (5-year summary)
ROE9.7%2020-04-01 → 2021-03-31dCons.Rate of return on equity (5-year summary)
Employees938at 2025-03-31Cons.Number of employees
Employees903at 2024-03-31Cons.Number of employees
Employees874at 2023-03-31vCons.Number of employees
Employees869at 2022-03-31vCons.Number of employees
Employees843at 2021-03-31dCons.Number of employees
Revenue¥1.5bn2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥1.5bn2023-04-01 → 2024-03-31StandaloneNet sales
Revenue¥1.4bn2022-04-01 → 2023-03-31vStandaloneNet sales (5-year summary)
Revenue¥1.3bn2021-04-01 → 2022-03-31vStandaloneNet sales (5-year summary)
Revenue¥1.4bn2020-04-01 → 2021-03-31dStandaloneNet sales (5-year summary)
Operating income¥108m2024-04-01 → 2025-03-31StandaloneOperating income
Operating income¥110m2023-04-01 → 2024-03-31StandaloneOperating income
Ordinary income¥189m2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥220m2023-04-01 → 2024-03-31StandaloneOrdinary income
Ordinary income¥461m2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥389m2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥539m2020-04-01 → 2021-03-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥847m2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Profit before tax¥1.3bn2023-04-01 → 2024-03-31StandaloneIncome before income taxes
Net income¥760m2024-04-01 → 2025-03-31StandaloneProfit loss
Net income¥758m2023-04-01 → 2024-03-31StandaloneProfit loss
Net income¥484m2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income¥580m2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Net income¥681m2020-04-01 → 2021-03-31dStandaloneNet income loss (5-year summary)
Total assets¥31.5bnat 2025-03-31StandaloneAssets
Total assets¥25.4bnat 2024-03-31StandaloneAssets
Total assets¥23.0bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥23.7bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total assets¥20.5bnat 2021-03-31dStandaloneTotal assets (5-year summary)
Total liabilities¥15.4bnat 2025-03-31StandaloneLiabilities
Total liabilities¥8.3bnat 2024-03-31StandaloneLiabilities
Net assets / equity¥16.1bnat 2025-03-31StandaloneNet assets
Net assets / equity¥17.0bnat 2024-03-31StandaloneNet assets
Net assets / equity¥16.3bnat 2023-03-31vStandaloneNet assets
Net assets / equity¥16.3bnat 2022-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥16.4bnat 2021-03-31dStandaloneNet assets (5-year summary)
Cash and deposits¥180mat 2025-03-31StandaloneCash and deposits
Cash and deposits¥117mat 2024-03-31StandaloneCash and deposits
EPS (basic)¥38.352024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥37.452023-04-01 → 2024-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥23.892022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥28.642021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥33.662020-04-01 → 2021-03-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥38.212024-04-01 → 2025-03-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥37.32023-04-01 → 2024-03-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥23.792022-04-01 → 2023-03-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥28.532021-04-01 → 2022-03-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥33.532020-04-01 → 2021-03-31dStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥482024-04-01 → 2025-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥422023-04-01 → 2024-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥602022-04-01 → 2023-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥702021-04-01 → 2022-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥602020-04-01 → 2021-03-31dStandaloneDividend paid per share (5-year summary)
Net assets per share¥828.83at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥852.48at 2024-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥801.66at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥799.79at 2022-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥809.75at 2021-03-31dStandaloneNet assets per share (5-year summary)
Equity ratio51.0%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio66.9%at 2024-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio70.6%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio68.3%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio79.9%at 2021-03-31dStandaloneEquity to asset ratio (5-year summary)
ROE4.6%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE4.6%2023-04-01 → 2024-03-31StandaloneRate of return on equity (5-year summary)
ROE3.0%2022-04-01 → 2023-03-31vStandaloneRate of return on equity (5-year summary)
ROE3.6%2021-04-01 → 2022-03-31vStandaloneRate of return on equity (5-year summary)
ROE4.2%2020-04-01 → 2021-03-31dStandaloneRate of return on equity (5-year summary)
Shares issued21,293,052at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued21,293,052at 2024-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued21,293,052at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued10,646,526at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued10,646,526at 2021-03-31dStandaloneTotal number of issued shares (5-year summary)

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 · 13
SegmentItemPeriodValue
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsrevenue2024-04-01 → 2025-03-31¥1.4bn
Air Conditioning And Pumping Equipmentreportable segmentrevenue2024-04-01 → 2025-03-31¥40.6bn
Household Appliancereportable segmentrevenue2024-04-01 → 2025-03-31¥29.4bn
Plumber Equipmentreportable segmentrevenue2024-04-01 → 2025-03-31¥46.7bn
Sanitary Equipmentreportable segmentrevenue2024-04-01 → 2025-03-31¥47.2bn
—segment totalrevenue2024-04-01 → 2025-03-31¥163.9bn
Total Of Reportable Segments And Otherssegment totalemployeesat 2025-03-31876 pure
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsrevenue2023-04-01 → 2024-03-31¥1.3bn
Air Conditioning And Pumping Equipmentreportable segmentrevenue2023-04-01 → 2024-03-31¥36.2bn
Household Appliancereportable segmentrevenue2023-04-01 → 2024-03-31¥26.9bn
Plumber Equipmentreportable segmentrevenue2023-04-01 → 2024-03-31¥45.6bn
Sanitary Equipmentreportable segmentrevenue2023-04-01 → 2024-03-31¥45.7bn
—segment totalrevenue2023-04-01 → 2024-03-31¥154.3bn

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

All source rows · 1,870
ItemContextValueUnit
Independent auditors report consolidated (text)FilingDateInstantText · Plus
Audit firm1 consolidatedFilingDateInstant
Original text (Japanese)有限責任 あずさ監査法人
Cpa1 audit firm1 consolidatedFilingDateInstant
Original text (Japanese)細矢 聡
Cpa2 audit firm1 consolidatedFilingDateInstant
Original text (Japanese)木村 純一
Key audit matters consolidated (text)FilingDateInstantText · Plus
Overview kam consolidated (text)FilingDateInstantText · Plus
Short description kam consolidatedFilingDateInstant_Row1Member
Original text (Japanese)特定得意先の貸付金に対する貸倒引当金の見積りの妥当性
Description including reason kam consolidated (text)FilingDateInstant_Row1MemberText · Plus
Reference kam consolidatedFilingDateInstant_Row1Member
Original text (Japanese)(連結財務諸表作成のための基本となる重要な事項) 4.(3)重要な引当金の計上基準
Reference2 kam consolidatedFilingDateInstant_Row1Member
Original text (Japanese)(重要な会計上の見積り)(特定得意先への貸付金に対する貸倒引当金)
Auditors response kam consolidated (text)FilingDateInstant_Row1MemberText · Plus
Other information consolidated (text)FilingDateInstantText · Plus
Fee related information consolidated (text)FilingDateInstantText · Plus
Independent auditors report non consolidated (text)FilingDateInstantText · Plus
Audit firm1 non consolidatedFilingDateInstant
Original text (Japanese)有限責任 あずさ監査法人
Cpa1 audit firm1 non consolidatedFilingDateInstant
Original text (Japanese)細矢 聡
Cpa2 audit firm1 non consolidatedFilingDateInstant
Original text (Japanese)木村 純一
Key audit matters non consolidated (text)FilingDateInstantText · Plus
Overview kam non consolidated (text)FilingDateInstantText · Plus
Other information non consolidated (text)FilingDateInstantText · Plus
Fee related information non consolidated (text)FilingDateInstantText · Plus
Number of submissionFilingDateInstant1
Net sales (5-year summary)Prior4YearDuration131690000000JPY
Net sales (5-year summary)Prior3YearDuration137606000000JPY
Net sales (5-year summary)Prior2YearDuration148189000000JPY
Net sales (5-year summary)Prior1YearDuration155633000000JPY
Net sales (5-year summary)CurrentYearDuration165339000000JPY
Ordinary income loss (5-year summary)Prior4YearDuration3294000000JPY
Ordinary income loss (5-year summary)Prior3YearDuration3424000000JPY
Ordinary income loss (5-year summary)Prior2YearDuration3798000000JPY
Ordinary income loss (5-year summary)Prior1YearDuration3366000000JPY
Ordinary income loss (5-year summary)CurrentYearDuration3472000000JPY
Profit loss attributable to owners of parent (5-year summary)Prior4YearDuration2233000000JPY
Profit loss attributable to owners of parent (5-year summary)Prior3YearDuration2407000000JPY
Profit loss attributable to owners of parent (5-year summary)Prior2YearDuration2569000000JPY
Profit loss attributable to owners of parent (5-year summary)Prior1YearDuration2609000000JPY
Profit loss attributable to owners of parent (5-year summary)CurrentYearDuration2890000000JPY
Comprehensive income (5-year summary)Prior4YearDuration2819000000JPY
Comprehensive income (5-year summary)Prior3YearDuration2253000000JPY
Comprehensive income (5-year summary)Prior2YearDuration2987000000JPY
Comprehensive income (5-year summary)Prior1YearDuration4363000000JPY
Comprehensive income (5-year summary)CurrentYearDuration2596000000JPY
Net assets (5-year summary)Prior4YearInstant24351000000JPY
Net assets (5-year summary)Prior3YearInstant25941000000JPY
Net assets (5-year summary)Prior2YearInstant28184000000JPY
Net assets (5-year summary)Prior1YearInstant31219000000JPY
Net assets (5-year summary)CurrentYearInstant32317000000JPY
Total assets (5-year summary)Prior4YearInstant63210000000JPY
Total assets (5-year summary)Prior3YearInstant64425000000JPY
Total assets (5-year summary)Prior2YearInstant72014000000JPY

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 2024-03-31pass
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 2023-03-31pass
statement vs summary · net assetsconsolidated 2024-03-31pass
statement vs summary · net assetsconsolidated 2025-03-31pass
statement vs summary · net assetsnon_consolidated 2023-03-31pass
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