Annual report

Period2025-04-01 → 2026-03-31
Filed2026-06-25
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 153
MetricValuePeriodScopeSource row
Revenue¥172.5bn2025-04-01 → 2026-03-31Cons.Net sales
Revenue¥165.3bn2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥155.6bn2023-04-01 → 2024-03-31vCons.Net sales (5-year summary)
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)
Operating income¥2.5bn2025-04-01 → 2026-03-31Cons.Operating income
Operating income¥2.4bn2024-04-01 → 2025-03-31Cons.Operating income
Ordinary income¥3.5bn2025-04-01 → 2026-03-31Cons.Ordinary income
Ordinary income¥3.5bn2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income¥3.4bn2023-04-01 → 2024-03-31vCons.Ordinary income loss (5-year summary)
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)
Profit before tax¥4.2bn2025-04-01 → 2026-03-31Cons.Income before income taxes
Profit before tax¥4.1bn2024-04-01 → 2025-03-31Cons.Income before income taxes
Net income (owners)¥2.8bn2025-04-01 → 2026-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥2.9bn2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥2.6bn2023-04-01 → 2024-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
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¥2.8bn2025-04-01 → 2026-03-31Cons.Profit loss
Net income¥2.9bn2024-04-01 → 2025-03-31Cons.Profit loss
Total assets¥85.0bnat 2026-03-31Cons.Assets
Total assets¥85.5bnat 2025-03-31Cons.Assets
Total assets¥80.0bnat 2024-03-31vCons.Total assets (5-year summary)
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 liabilities¥48.5bnat 2026-03-31Cons.Liabilities
Total liabilities¥53.2bnat 2025-03-31Cons.Liabilities
Net assets / equity¥36.5bnat 2026-03-31Cons.Net assets
Net assets / equity¥32.3bnat 2025-03-31Cons.Net assets
Net assets / equity¥31.2bnat 2024-03-31vCons.Net assets
Net assets / equity¥28.2bnat 2023-03-31vCons.Net assets (5-year summary)
Net assets / equity¥25.9bnat 2022-03-31vCons.Net assets (5-year summary)
Cash and deposits¥5.6bnat 2026-03-31Cons.Cash and deposits
Cash and deposits¥4.8bnat 2025-03-31Cons.Cash and deposits
Cash & equivalents¥5.6bnat 2026-03-31Cons.Cash and cash equivalents
Cash & equivalents¥4.8bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥5.5bnat 2024-03-31vCons.Cash and cash equivalents
Cash & equivalents¥3.4bnat 2023-03-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥3.3bnat 2022-03-31vCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥4.8bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in operating activities
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 → 2024-03-31vCons.Net cash provided by used in operating activities (5-year summary)
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)
Investing cash flow¥3.5bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥7.3bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥316m2023-04-01 → 2024-03-31vCons.Net cash provided by used in investing activities (5-year summary)
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)
Financing cash flow−¥7.6bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in financing activities
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 → 2024-03-31vCons.Net cash provided by used in financing activities (5-year summary)
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)
EPS (basic)¥144.942025-04-01 → 2026-03-31Cons.Basic earnings loss per share (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 → 2024-03-31vCons.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 (diluted)¥144.542025-04-01 → 2026-03-31Cons.Diluted earnings 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 → 2024-03-31vCons.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)
Net assets per share¥1,872.99at 2026-03-31Cons.Net assets 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 2024-03-31vCons.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)
Equity ratio42.9%at 2026-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio37.7%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio39.0%at 2024-03-31vCons.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)
ROE8.2%2025-04-01 → 2026-03-31Cons.Rate of return on equity (5-year summary)
ROE9.1%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
ROE8.8%2023-04-01 → 2024-03-31vCons.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)
Employees983at 2026-03-31Cons.Number of employees
Employees938at 2025-03-31Cons.Number of employees
Employees903at 2024-03-31vCons.Number of employees
Employees874at 2023-03-31vCons.Number of employees
Employees869at 2022-03-31vCons.Number of employees
Revenue¥1.6bn2025-04-01 → 2026-03-31StandaloneNet sales
Revenue¥1.5bn2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥1.5bn2023-04-01 → 2024-03-31vStandaloneNet sales (5-year summary)
Revenue¥1.4bn2022-04-01 → 2023-03-31vStandaloneNet sales (5-year summary)
Revenue¥1.3bn2021-04-01 → 2022-03-31vStandaloneNet sales (5-year summary)
Operating income¥100m2025-04-01 → 2026-03-31StandaloneOperating income
Operating income¥108m2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income¥71m2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income¥189m2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥220m2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
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)
Profit before tax¥856m2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax¥847m2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income¥840m2025-04-01 → 2026-03-31StandaloneProfit loss
Net income¥760m2024-04-01 → 2025-03-31StandaloneProfit loss
Net income¥758m2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
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)
Total assets¥30.4bnat 2026-03-31StandaloneAssets
Total assets¥31.5bnat 2025-03-31StandaloneAssets
Total assets¥25.4bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥23.0bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥23.7bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥13.2bnat 2026-03-31StandaloneLiabilities
Total liabilities¥15.4bnat 2025-03-31StandaloneLiabilities
Net assets / equity¥17.3bnat 2026-03-31StandaloneNet assets
Net assets / equity¥16.1bnat 2025-03-31StandaloneNet assets
Net assets / equity¥17.0bnat 2024-03-31vStandaloneNet assets
Net assets / equity¥16.3bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥16.3bnat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥370mat 2026-03-31StandaloneCash and deposits
Cash and deposits¥180mat 2025-03-31StandaloneCash and deposits
EPS (basic)¥43.22025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥38.352024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥37.452023-04-01 → 2024-03-31vStandaloneBasic 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 (diluted)¥43.082025-04-01 → 2026-03-31StandaloneDiluted earnings 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 → 2024-03-31vStandaloneDiluted 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)
Dividend per share¥502025-04-01 → 2026-03-31StandaloneDividend paid 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 → 2024-03-31vStandaloneDividend 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)
Net assets per share¥885.37at 2026-03-31StandaloneNet assets 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 2024-03-31vStandaloneNet 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)
Equity ratio56.6%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio51.0%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio66.9%at 2024-03-31vStandaloneEquity 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)
ROE5.0%2025-04-01 → 2026-03-31StandaloneRate of return on equity (5-year summary)
ROE4.6%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE4.6%2023-04-01 → 2024-03-31vStandaloneRate 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)
Shares issued21,293,052at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued21,293,052at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued21,293,052at 2024-03-31vStandaloneTotal 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)

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 segmentsrevenue2025-04-01 → 2026-03-31¥2.5bn
Air Conditioning And Pumping Equipmentreportable segmentrevenue2025-04-01 → 2026-03-31¥44.0bn
Household Appliancereportable segmentrevenue2025-04-01 → 2026-03-31¥30.5bn
Plumber Equipmentreportable segmentrevenue2025-04-01 → 2026-03-31¥48.8bn
Sanitary Equipmentreportable segmentrevenue2025-04-01 → 2026-03-31¥46.7bn
—segment totalrevenue2025-04-01 → 2026-03-31¥169.9bn
Total Of Reportable Segments And Otherssegment totalemployeesat 2026-03-31918 pure
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

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

All source rows · 1,824
ItemContextValueUnit
Leasehold rightCurrentYearInstant_NonConsolidatedMember0JPY
SoftwarePrior1YearInstant_NonConsolidatedMember8000000JPY
SoftwareCurrentYearInstant_NonConsolidatedMember8000000JPY
Telephone subscription rightPrior1YearInstant_NonConsolidatedMember16000000JPY
Telephone subscription rightCurrentYearInstant_NonConsolidatedMember16000000JPY
Intangible assetsPrior1YearInstant_NonConsolidatedMember25000000JPY
Intangible assetsCurrentYearInstant_NonConsolidatedMember25000000JPY
Investment securitiesPrior1YearInstant_NonConsolidatedMember6743000000JPY
Investment securitiesCurrentYearInstant_NonConsolidatedMember7744000000JPY
Stocks of subsidiaries and affiliatesPrior1YearInstant_NonConsolidatedMember2195000000JPY
Stocks of subsidiaries and affiliatesCurrentYearInstant_NonConsolidatedMember2155000000JPY
Investments in capitalPrior1YearInstant_NonConsolidatedMember421000000JPY
Investments in capitalCurrentYearInstant_NonConsolidatedMember365000000JPY
Long term prepaid expensesPrior1YearInstant_NonConsolidatedMember51000000JPY
Long term prepaid expensesCurrentYearInstant_NonConsolidatedMember3000000JPY
Insurance fundsPrior1YearInstant_NonConsolidatedMember2494000000JPY
Insurance fundsCurrentYearInstant_NonConsolidatedMember894000000JPY
Lease and guarantee depositsPrior1YearInstant_NonConsolidatedMember85000000JPY
Lease and guarantee depositsCurrentYearInstant_NonConsolidatedMember178000000JPY
Other ioaPrior1YearInstant_NonConsolidatedMember2000000JPY
Other ioaCurrentYearInstant_NonConsolidatedMember2000000JPY
Allowance for doubtful accounts ioa by groupPrior1YearInstant_NonConsolidatedMember-1000000JPY
Allowance for doubtful accounts ioa by groupCurrentYearInstant_NonConsolidatedMember-1000000JPY
Investments and other assetsPrior1YearInstant_NonConsolidatedMember11992000000JPY
Investments and other assetsCurrentYearInstant_NonConsolidatedMember11342000000JPY
Noncurrent assetsPrior1YearInstant_NonConsolidatedMember28712000000JPY
Noncurrent assetsCurrentYearInstant_NonConsolidatedMember28806000000JPY
AssetsPrior1YearInstant_NonConsolidatedMember31538000000JPY
AssetsCurrentYearInstant_NonConsolidatedMember30439000000JPY
Short term loans payablePrior1YearInstant_NonConsolidatedMember6000000000JPY
Short term loans payableCurrentYearInstant_NonConsolidatedMember4100000000JPY
Current portion of long term loans payablePrior1YearInstant_NonConsolidatedMember1611000000JPY
Current portion of long term loans payableCurrentYearInstant_NonConsolidatedMember1386000000JPY
Accounts payable otherPrior1YearInstant_NonConsolidatedMember289000000JPY
Accounts payable otherCurrentYearInstant_NonConsolidatedMember62000000JPY
Accrued expensesPrior1YearInstant_NonConsolidatedMember1000000JPY
Accrued expensesCurrentYearInstant_NonConsolidatedMember0JPY
Income taxes payablePrior1YearInstant_NonConsolidatedMember31000000JPY
Income taxes payableCurrentYearInstant_NonConsolidatedMember15000000JPY
Unearned revenuePrior1YearInstant_NonConsolidatedMember3000000JPY
Unearned revenueCurrentYearInstant_NonConsolidatedMember3000000JPY
Other clPrior1YearInstant_NonConsolidatedMember34000000JPY
Other clCurrentYearInstant_NonConsolidatedMember4000000JPY
Current liabilitiesPrior1YearInstant_NonConsolidatedMember7970000000JPY
Current liabilitiesCurrentYearInstant_NonConsolidatedMember5572000000JPY
Long term loans payablePrior1YearInstant_NonConsolidatedMember4681000000JPY
Long term loans payableCurrentYearInstant_NonConsolidatedMember4378000000JPY
Deferred tax liabilitiesPrior1YearInstant_NonConsolidatedMember2195000000JPY
Deferred tax liabilitiesCurrentYearInstant_NonConsolidatedMember2679000000JPY
Deferred tax liabilities for land revaluationPrior1YearInstant_NonConsolidatedMember325000000JPY

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 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 · revenueconsolidated 2024-04-01/2025-03-31pass
statement vs summary · revenueconsolidated 2025-04-01/2026-03-31pass
statement vs summary · revenuenon_consolidated 2024-04-01/2025-03-31pass
statement vs summary · revenuenon_consolidated 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