KOBE BUSSAN
KOBE BUSSAN CO., LTD.
Company highlights
A food factory wearing the face of a supermarket.
Vol.1, Chapter 6 (as of 2026-08-14)
Key figures
Period Nov 2024 to Oct 2025ConsolidatedJapanese GAAP
Business revenue model
Featured in
Vol.1, Chapter 6 (as of 2026-08-14)
“Kaisha no Shikumi: Dividends”, Chapter 6: Gyomu Super: Looks Like a Supermarket, Runs Like a Food Factory
Book’s reference date 2026-08-14 / data last checked 2026-10-20
Key points in this volumeDividends are produced by structure, not by performance.
For the year ended October 2025, Kobe Bussan (Gyomu Super) had net sales of ¥551.7 billion and operating income of ¥39.9 billion. Operating income was 7.2% of net sales. Of its 1,122 shops, only 4 are company-operated; the rest belong to franchise owners (calculated).
The reason things are cheap lies outside the shop, in its own factories and direct imports. Even so, goods made in group factories are about 10% of sales, and adding direct imports brings that to 1 in 3. What works is not the share of sales but how much gross margin can be taken.
The Move That Changed Kobe Bussan
Rather than adding stores, the company buys factories and widens the range of goods it can make itself.
Before March 2008, Kobe Bussan had no food factories of its own in Japan. It had set up group factories in China in 1992 and 2004, but in Japan it was a company built on importing and wholesaling. In March 2008 it acquired 100% of the interests and shares of two companies, Uebos and Turmelt Foods, making them subsidiaries. From there began a run of regional food factories brought into the group: Hokuto Foods in 2012, Sekihara Shuzo in 2013, Kikukawa in 2014. In 2020 it took over the businesses of Sarani and Fruitier, and in 2025 it acquired Uehara Foods for ¥700 million ($4.38 million). In April 2026 Hakuro Shuzo joined through a sub-subsidiary. Alongside the acquisitions, it also set up factories of its own. The company calls this its "integrated food production and sales structure." As of the end of April 2026 the group has 28 factories. For the year ended October 2025, sales were ¥551.7 billion ($3.45 billion) and Gyomu Super had 1,122 stores, four of them company-operated.
Coverage in the book
- Four of 1,122 Stores Are Company-Operated
- Head Office Receives 1% of Purchases, and the Price of the Goods It Wholesales
- 96.2% of Sales Is the Gyomu Super Business
- Two Things That Can Be Established Around the 8.2% Margin
- The Dividend Looks Like a Cut but Is an Increase
Related books, articles and videos
“Kaisha no Shikumi: Dividends”
Chapter 6: KOBE BUSSAN
“Gyomu Super: Looks Like a Supermarket, Runs Like a Food Factory”
“Ano Kaisha no Shikumi” series, Vol.1 — Kindle and paperback
Find it on Amazon →
Company profile
Tables scroll sideways
Disclosed data
Business activities and revenue composition
KOBE BUSSAN
Revenue and profit by business segment
Period Nov 2024 to Oct 2025Source Annual securities reportsConsolidated・Disclosed
| Business | Net sales to external customers | Operating income | |||||
|---|---|---|---|---|---|---|---|
| This year | Share | Last year | This year | Share | Margin | Last year | |
| 業務スーパー事業 | ¥530.5 billion | 96.2% | ¥489.1 billion | ¥43.5 billion | 95.2% | 8.2% | ¥37.4 billion |
| 外食・中食事業 | ¥16.5 billion | 3.0% | ¥14.1 billion | ¥1.1 billion | 2.4% | 6.7% | ¥1.0 billion |
| エコ再生エネルギー事業 | ¥4.7 billion | 0.8% | ¥4.6 billion | ¥1.1 billion | 2.4% | 23.3% | ¥1.1 billion |
| Total of the businesses | ¥551.7 billion | 100.0% | ¥45.7 billion | 100.0% | |||
Revenue and profit
KOBE BUSSAN
Period Nov 2024 to Oct 2025Source Annual securities reports
Amounts by account
| Group | Account | Amount | Consolidated / Non-consolidated |
|---|---|---|---|
| Selling, general and administrative expenses | Freightage expenses | ¥9.1 billion | Consolidated |
| Other | ¥5.9 billion | Consolidated | |
| Rents | ¥1.3 billion | Consolidated | |
| Depreciation | ¥1.2 billion | Consolidated | |
| Legal welfare expenses | ¥0.8 billion | Consolidated | |
| Promotion expenses | ¥0.4 billion | Consolidated | |
| Provision for bonuses | ¥0.4 billion | Consolidated | |
| Advertising expenses | ¥0.3 billion | Consolidated | |
| Retirement benefit expenses | ¥0.1 billion | Consolidated | |
| Amortization of goodwill | ¥90.00 million | Consolidated | |
| Provision for management board incentive plan trust | ¥32.00 million | Consolidated | |
| Provision of allowance for doubtful accounts | ¥-13.00 million | Consolidated | |
| Profit by stage | Gross profit (loss) | ¥66.5 billion | Consolidated |
| Ordinary income | ¥48.1 billion | Consolidated | |
| Operating income | ¥39.9 billion | Consolidated | |
| Net income | ¥31.9 billion | Consolidated |
KOBE BUSSAN
Selling, general and administrative expenses
Period Nov 2024 to Oct 2025Source Annual securities reports
- Freightage expenses ¥9.1 billion
- Other ¥5.9 billion
- Rents ¥1.3 billion
- Depreciation ¥1.2 billion
- Legal welfare expenses ¥0.8 billion
- Promotion expenses ¥0.4 billion
- Other (not itemized) ¥7.9 billion
Performance, financial position and capital allocation
Long-term changes in performance
KOBE BUSSAN
Long-term revenue, profit and asset trends
Period 2012 to 2025Source Annual securities reportsDisclosed
KOBE BUSSAN
Recent performance trends
Source Annual securities reports
Year-on-year comparison
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net sales | ¥362.1B | ¥406.8B | ¥461.5B | ¥507.9B | ¥551.7B |
| Year on year (%) | Could not be retrieved | +12.4% | +13.5% | +10.0% | +8.6% |
| Ordinary income (loss) | ¥29.1B | ¥32.1B | ¥30.0B | ¥31.6B | ¥48.1B |
| Change from prior year | Could not be retrieved | +10.4% | -6.7% | +5.4% | +52.3% |
| Ordinary income (loss) as a share of Net sales | 8.0% | 7.9% | 6.5% | 6.2% | 8.7% |
| Change (percentage points) | Could not be retrieved | -0.1 points | -1.4 points | -0.3 points | +2.5 points◆ |
Fiscal periods marked for changes
- 2025Ordinary income (loss) as a share of revenue +2.5 points
KOBE BUSSAN
Earnings and net assets per share over time
Unit yenSource Annual securities reports
KOBE BUSSAN
Return on equity over time
Unit %Source Annual securities reports
Consolidated indicators (15 items)
| Item | 4 years ago | 3 years ago | 2 years ago | Last year | This year |
|---|---|---|---|---|---|
| Net sales | ¥362.1 billion | ¥406.8 billion | ¥461.5 billion | ¥507.9 billion | ¥551.7 billion |
| Ordinary income (loss) | ¥29.1 billion | ¥32.1 billion | ¥30.0 billion | ¥31.6 billion | ¥48.1 billion |
| Net income (loss) attributable to owners of parent | ¥19.6 billion | ¥20.8 billion | ¥20.6 billion | ¥21.4 billion | ¥31.9 billion |
| Comprehensive income | ¥20.1 billion | ¥21.9 billion | ¥20.0 billion | ¥21.4 billion | ¥31.9 billion |
| Net assets | ¥78.2 billion | ¥97.2 billion | ¥114.5 billion | ¥132.8 billion | ¥161.4 billion |
| Total assets | ¥156.7 billion | ¥180.3 billion | ¥211.9 billion | ¥233.4 billion | ¥260.2 billion |
| Net assets per share | 350.49 yen | 433.53 yen | 506.23 yen | 584.81 yen | 709.8 yen |
| Basic earnings (loss) per share | 90.48 yen | 95.35 yen | 93.59 yen | 97.09 yen | 143.98 yen |
| Diluted earnings per share | 88.52 yen | 93.87 yen | 92.51 yen | 96.41 yen | 143.11 yen |
| Equity-to-asset ratio | 48.8% | 52.7% | 52.7% | 55.4% | 60.5% |
| Return on equity | 29.2% | 24.3% | 19.9% | 17.8% | 22.2% |
| Net cash provided by (used in) operating activities | ¥21.3 billion | ¥21.6 billion | ¥30.3 billion | ¥30.8 billion | ¥42.1 billion |
| Net cash provided by (used in) investing activities | ¥-17.4 billion | ¥-12.5 billion | ¥-6.8 billion | ¥-10.2 billion | ¥-8.9 billion |
| Net cash provided by (used in) financing activities | ¥-16.5 billion | ¥-3.8 billion | ¥80.00 million | ¥-5.6 billion | ¥-11.1 billion |
| Cash and cash equivalents | ¥56.7 billion | ¥65.8 billion | ¥91.3 billion | ¥107.3 billion | ¥130.5 billion |
Parent only indicators (14 items)
| Item | 4 years ago | 3 years ago | 2 years ago | Last year | This year |
|---|---|---|---|---|---|
| Net sales | ¥370.8 billion | ¥395.1 billion | ¥446.9 billion | ¥491.0 billion | ¥530.5 billion |
| Ordinary income (loss) | ¥24.7 billion | ¥28.8 billion | ¥26.0 billion | ¥28.0 billion | ¥41.0 billion |
| Net income (loss) | ¥16.7 billion | ¥19.7 billion | ¥17.8 billion | ¥19.4 billion | ¥27.7 billion |
| Capital stock | ¥0.5 billion | ¥0.5 billion | ¥0.5 billion | ¥0.5 billion | ¥0.5 billion |
| Total number of issued shares (common stock) | 273,600,000 shares | 273,600,000 shares | 273,600,000 shares | 273,600,000 shares | 273,600,000 shares |
| Net assets | ¥66.7 billion | ¥83.4 billion | ¥98.5 billion | ¥114.9 billion | ¥139.3 billion |
| Total assets | ¥146.0 billion | ¥168.1 billion | ¥196.0 billion | ¥215.4 billion | ¥236.8 billion |
| Net assets per share | 297.64 yen | 370.54 yen | 433.96 yen | 503.91 yen | 610.2 yen |
| Dividend per share | 20 yen | 22 yen | 22 yen | 23 yen | 30 yen |
| Basic earnings (loss) per share | 77.15 yen | 90.02 yen | 81.09 yen | 88.03 yen | 125.27 yen |
| Diluted earnings per share | 75.47 yen | 88.63 yen | 80.15 yen | 87.42 yen | 124.51 yen |
| Equity-to-asset ratio | 44.5% | 48.3% | 48.9% | 51.8% | 57.1% |
| Return on equity | 29.2% | 26.9% | 20.1% | 18.8% | 22.5% |
| Payout ratio | 25.9% | 24.4% | 27.1% | 26.1% | 23.9% |
Dividend history
| Fiscal year | Annual dividend per share | Of which interim | Payout ratio (as reported, parent only) | Flag |
|---|---|---|---|---|
| FY ending 10/2025 | ¥30 | Could not be retrieved | 23.9% | |
| FY ending 10/2024 | ¥23 | Could not be retrieved | 26.1% | |
| FY ending 10/2023 | ¥22 | Could not be retrieved | 27.1% | |
| FY ending 10/2022 | ¥22 | Could not be retrieved | 24.4% | |
| FY ending 10/2021 | ¥20 | Could not be retrieved | 25.9% |
KOBE BUSSAN
Dividends per share over time
Unit yenSource Annual securities reports
Shareholder composition
Share ownership by holder category
KOBE BUSSAN
Unit %Source Annual securities reports
- Financial institutions11.41%
- Securities firms0.95%
- Other corporations32.32%
- Foreign holders (institutions)18.08%
- Foreign holders (individuals)0.09%
- Individuals and others37.15%
Major shareholders
| Rank | Shareholder | Shareholding ratio | Shares held |
|---|---|---|---|
| 1 | 公益財団法人業務スーパージャパンドリーム財団 | 31.71% | 70,400,000 |
| 2 | 日本マスタートラスト信託銀行株式会社(信託口) | 8.49% | 18,843,000 |
| 3 | 特定有価証券信託受託者 株式会社SMBC信託銀行 | 2.63% | 5,837,000 |
| 4 | 株式会社コッコラーレ | 2.57% | 5,710,000 |
| 5 | 株式会社日本カストディ銀行(信託口) | 1.89% | 4,206,000 |
| 6 | 沼田 博和 | 1.71% | 3,796,000 |
| 7 | 合同会社M&Uアセットマネジメント | 1.64% | 3,650,000 |
| 8 | STATE STREET BANK WEST CLIENT - TREATY 505234(常任代理人 株式会社みずほ銀行決済営業部) | 1.64% | 3,640,000 |
| 9 | STATE STREET BANK AND TRUST COMPANY 505001(常任代理人 株式会社みずほ銀行決済営業部) | 1.53% | 3,402,000 |
| 10 | CACEIS IRLAND BRANCH / UCITS - TREATY(常任代理人 シティバンク、エヌ・エイ東京支店) | 1.48% | 3,284,000 |
Research and development expenses and capital expenditure
Revenue scale in the same industry
KOBE BUSSAN
Source Annual securities reports of each company
Wholesale Trade: 330 companies · revenue · largest first・each company’s latest fiscal year・Consolidated・Disclosed
Workforce information
Administrative filings and published information
Workplace information filings
| Item | Value |
|---|---|
| Employees | 2,900 |
| Annual paid leave taken |
84.1% |
Greenhouse gas emissions
| Category | Emissions |
|---|---|
| 特定事業所排出者 | 236,625 t-CO2 |
Audit and disclosure information
| Item | Value |
|---|---|
| Audit firm | 有限責任監査法人トーマツ |
| Audit fees (this year, total) | ¥62.00 million |
| Non-audit fees (this year, total) | Not applicable |
| Non-audit fees (this year, network firms) | ¥1.00 million |
| Going concern note | Cannot be determined |
| Accounting standard | Japanese GAAP |
Sources and methodology
Retrieved disclosed figures
Major management indicators (5 years) (29 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Comprehensive income | ¥31.9 billion | Consolidated |
| Net cash provided by (used in) operating activities | ¥42.1 billion | Consolidated |
| Net sales | ¥551.7 billion | Consolidated |
| Net cash provided by (used in) investing activities | ¥-8.9 billion | Consolidated |
| Diluted earnings per share | 143.11 yen | Consolidated |
| Cash and cash equivalents | ¥130.5 billion | Consolidated |
| Net assets | ¥161.4 billion | Consolidated |
| Ordinary income (loss) | ¥48.1 billion | Consolidated |
| Total assets | ¥260.2 billion | Consolidated |
| Return on equity | 22.2% | Consolidated |
| Equity-to-asset ratio | 60.5% | Consolidated |
| Net income (loss) attributable to owners of parent | ¥31.9 billion | Consolidated |
| Net cash provided by (used in) financing activities | ¥-11.1 billion | Consolidated |
| Basic earnings (loss) per share | 143.98 yen | Consolidated |
| Net assets per share | 709.8 yen | Consolidated |
| Dividend per share | 30 yen | Parent only |
| Net sales | ¥530.5 billion | Parent only |
| Net income (loss) | ¥27.7 billion | Parent only |
| Diluted earnings per share | 124.51 yen | Parent only |
| Total number of issued shares (common stock) | 273,600,000 shares | Parent only |
| Net assets | ¥139.3 billion | Parent only |
| Ordinary income (loss) | ¥41.0 billion | Parent only |
| Total assets | ¥236.8 billion | Parent only |
| Return on equity | 22.5% | Parent only |
| Equity-to-asset ratio | 57.1% | Parent only |
| Capital stock | ¥0.5 billion | Parent only |
| Payout ratio | 23.9% | Parent only |
| Basic earnings (loss) per share | 125.27 yen | Parent only |
| Net assets per share | 610.2 yen | Parent only |
Employees (11 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Number of employees | 1,674 people | Consolidated |
| Number of employees | 1,674 people | Consolidated |
| Wage gap between men and women (all employees) | 54.0% | Parent only |
| Average length of service (years) | 7.9 years | Parent only |
| Average annual salary | ¥5.30 million | Parent only |
| Average age (years) | 38.5 years old | Parent only |
| Number of employees | 610 people | Parent only |
| Number of employees | 610 people | Parent only |
| Number of employees | 610 people | Parent only |
| Wage gap between men and women (regular employees) | 70.4% | Parent only |
| Wage gap between men and women (non-regular employees) | 122.4% | Parent only |
Other disclosed items (12 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Net sales to external customers | ¥551.7 billion | Consolidated |
| Average number of temporary employees | 1,281 people | Consolidated |
| Average number of temporary employees | 1,281 people | Consolidated |
| Increase in property plant and equipment and intangible assets | ¥9.3 billion | Consolidated |
| Depreciation | ¥6.6 billion | Consolidated |
| Number of consolidated subsidiaries | 25 companies | Consolidated |
| Rate of male employees taking childcare leave (all employees) | 83.3% | Parent only |
| Average number of temporary employees | 683 people | Parent only |
| Average number of temporary employees | 683 people | Parent only |
| Average number of temporary employees | 683 people | Parent only |
| Total return on the share price index | 238.0% | Parent only |
| Ratio of female employees in managerial positions | 10.4% | Parent only |
Shares (12 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Number of shares held | 122,771,000 shares | Consolidated |
| Total number of shares held treasury shares etc | 51,607,800 shares | Consolidated |
| Number of issues whose number of shares decreased shares other than those not listed investment shares held for purposes other than pure investment reporting company | 1 issues | Consolidated |
| Total sale amount for decreased shares shares other than those not listed investment shares held for purposes other than pure investment reporting company | ¥0.4 billion | Consolidated |
| Number of shares | 273,600,000 shares | Consolidated |
| Shareholding ratio treasury shares etc | 18.9% | Consolidated |
| Shareholding ratio | 55.3% | Consolidated |
| Number of shares held in own name treasury shares etc | 51,607,800 shares | Consolidated |
| Number of voting rights | 2,218,920 units | Consolidated |
| Carrying amount on the balance sheet | ¥3.00 million | Consolidated |
| Number of issues | 3 issues | Consolidated |
| Total shareholder return | 125.4% | Parent only |
Property and facilities (1 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Capital expenditures | ¥9.3 billion | Consolidated |
Audit (4 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Fees for audit and attestation services - reporting company | ¥62.00 million | Consolidated |
| Fees for audit and attestation services - total | ¥62.00 million | Consolidated |
| Fees for non-audit services - reporting company | ¥1.00 million | Consolidated |
| Fees for non-audit services - total | ¥1.00 million | Consolidated |
Balance sheet (130 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Other | ¥0.6 billion | Consolidated |
| Other | ¥3.1 billion | Consolidated |
| Other | ¥4.6 billion | Consolidated |
| Other | ¥7.5 billion | Consolidated |
| Other | ¥3.8 billion | Consolidated |
| Other | ¥1.2 billion | Consolidated |
| Other, net | ¥1.1 billion | Consolidated |
| Goodwill | ¥0.5 billion | Consolidated |
| Goodwill | ¥0.5 billion | Consolidated |
| Work in process | ¥0.4 billion | Consolidated |
| Retained earnings | ¥152.2 billion | Consolidated |
| Raw materials and supplies | ¥1.8 billion | Consolidated |
| Merchandise and finished goods | ¥17.6 billion | Consolidated |
| Non-current liabilities | ¥39.4 billion | Consolidated |
| Non-current assets | ¥75.3 billion | Consolidated |
| Land | ¥23.7 billion | Consolidated |
| Accounts receivable - trade | ¥30.2 billion | Consolidated |
| Buildings and structures | ¥32.0 billion | Consolidated |
| Buildings and structures, net | ¥18.5 billion | Consolidated |
| Construction in progress | ¥2.2 billion | Consolidated |
| Provision for management board incentive plan trust-NCL | ¥0.2 billion | Consolidated |
| Investments and other assets | ¥7.3 billion | Consolidated |
| Investment securities | ¥8.00 million | Consolidated |
| Lease and guarantee deposits | ¥1.7 billion | Consolidated |
| Subscription rights to shares | ¥4.0 billion | Consolidated |
| Property, plant and equipment | ¥66.2 billion | Consolidated |
| Income taxes payable | ¥10.1 billion | Consolidated |
| Shareholders' equity | ¥158.1 billion | Consolidated |
| Machinery, equipment and vehicles | ¥48.4 billion | Consolidated |
| Machinery, equipment and vehicles, net | ¥20.7 billion | Consolidated |
| Current liabilities | ¥59.4 billion | Consolidated |
| Current assets | ¥184.9 billion | Consolidated |
| Accumulated depreciation | ¥-3.4 billion | Consolidated |
| Accumulated depreciation | ¥-13.5 billion | Consolidated |
| Accumulated depreciation | ¥-27.7 billion | Consolidated |
| Foreign currency translation adjustment | ¥-0.7 billion | Consolidated |
| Intangible assets | ¥1.7 billion | Consolidated |
| Cash and cash equivalents | ¥130.5 billion | Consolidated |
| Cash and deposits | ¥131.0 billion | Consolidated |
| Short-term loans payable | ¥3.1 billion | Consolidated |
| Net assets | ¥161.4 billion | Consolidated |
| Net assets | ¥161.4 billion | Consolidated |
| Total assets | ¥260.2 billion | Consolidated |
| Total assets | ¥260.2 billion | Consolidated |
| Deferred tax liabilities | ¥0.5 billion | Consolidated |
| Deferred tax assets | ¥2.7 billion | Consolidated |
| Treasury stock | ¥-8.9 billion | Consolidated |
| Valuation and translation adjustments | ¥-0.7 billion | Consolidated |
| Liabilities | ¥98.8 billion | Consolidated |
| Liabilities and net assets | ¥260.2 billion | Consolidated |
| Accounts payable - trade | ¥38.0 billion | Consolidated |
| Allowance for doubtful accounts | ¥-0.5 billion | Consolidated |
| Allowance for doubtful accounts | ¥-3.00 million | Consolidated |
| Capital surplus | ¥14.3 billion | Consolidated |
| Capital stock | ¥0.5 billion | Consolidated |
| Asset retirement obligations | ¥1.9 billion | Consolidated |
| Provision for bonuses | ¥0.6 billion | Consolidated |
| Net defined benefit liability | ¥0.9 billion | Consolidated |
| Long-term loans payable | ¥27.0 billion | Consolidated |
| Long-term loans receivable | ¥0.3 billion | Consolidated |
| Guarantee deposited-NCL | ¥8.3 billion | Consolidated |
| Other | ¥0.6 billion | Parent only |
| Other | ¥5.6 billion | Parent only |
| Other | ¥2.0 billion | Parent only |
| Other | ¥2.2 billion | Parent only |
| Other | ¥0.6 billion | Parent only |
| Other capital surplus | ¥14.3 billion | Parent only |
| Software | ¥0.7 billion | Parent only |
| Work in process | ¥6.00 million | Parent only |
| Investments in capital | ¥0 | Parent only |
| General reserve | ¥7.00 million | Parent only |
| Retained earnings | ¥129.4 billion | Parent only |
| Legal retained earnings | ¥0.1 billion | Parent only |
| Unearned revenue | ¥21.00 million | Parent only |
| Advances received | ¥78.00 million | Parent only |
| Prepaid expenses | ¥0.6 billion | Parent only |
| Advance payments trade | ¥2.4 billion | Parent only |
| Raw materials and supplies | ¥0.4 billion | Parent only |
| Merchandise and finished goods | ¥17.1 billion | Parent only |
| Non-current liabilities | ¥38.2 billion | Parent only |
| Non-current assets | ¥75.9 billion | Parent only |
| Land | ¥17.8 billion | Parent only |
| Accounts receivable - trade | ¥28.5 billion | Parent only |
| Tools, furniture and fixtures | ¥0.9 billion | Parent only |
| Buildings, net | ¥5.7 billion | Parent only |
| Construction in progress | ¥0.7 billion | Parent only |
| Provision for management board incentive plan trust-NCL | ¥0.2 billion | Parent only |
| Investments and other assets | ¥37.4 billion | Parent only |
| Investment securities | ¥3.00 million | Parent only |
| Subscription rights to shares | ¥4.0 billion | Parent only |
| Property, plant and equipment | ¥37.2 billion | Parent only |
| Income taxes payable | ¥9.1 billion | Parent only |
| Accrued expenses | ¥0.2 billion | Parent only |
| Accounts payable - other | ¥2.1 billion | Parent only |
| Shareholders' equity | ¥135.3 billion | Parent only |
| Structures, net | ¥0.7 billion | Parent only |
| Machinery and equipment, net | ¥11.5 billion | Parent only |
| Current liabilities | ¥59.3 billion | Parent only |
| Current assets | ¥160.9 billion | Parent only |
| Intangible assets | ¥1.4 billion | Parent only |
| Reserve for special depreciation | ¥3.00 million | Parent only |
| Cash and deposits | ¥106.8 billion | Parent only |
| Short-term loans payable | ¥3.1 billion | Parent only |
| Short-term loans receivable with resale agreement | ¥10.00 million | Parent only |
| Net assets | ¥139.3 billion | Parent only |
| Net assets | ¥139.3 billion | Parent only |
| Total assets | ¥236.8 billion | Parent only |
| Deferred tax assets | ¥3.1 billion | Parent only |
| Retained earnings brought forward | ¥129.2 billion | Parent only |
| Treasury stock | ¥-8.9 billion | Parent only |
| Liabilities | ¥97.4 billion | Parent only |
| Liabilities and net assets | ¥236.8 billion | Parent only |
| Accounts payable - trade | ¥40.7 billion | Parent only |
| Allowance for doubtful accounts | ¥-3.2 billion | Parent only |
| Allowance for doubtful accounts | ¥-3.00 million | Parent only |
| Capital surplus | ¥14.3 billion | Parent only |
| Capital stock | ¥0.5 billion | Parent only |
| Asset retirement obligations | ¥1.6 billion | Parent only |
| Provision for bonuses | ¥0.3 billion | Parent only |
| Vehicles, net | ¥12.00 million | Parent only |
| Provision for retirement benefits | ¥0.4 billion | Parent only |
| Long-term loans payable | ¥27.0 billion | Parent only |
| Long-term prepaid expenses | ¥0.5 billion | Parent only |
| Long-term loans receivable | ¥0.1 billion | Parent only |
| Investments in capital of subsidiaries and affiliates | ¥2.5 billion | Parent only |
| Shares of subsidiaries and associates | ¥1.4 billion | Parent only |
| Loans receivable to subsidiaries and affiliates | ¥2.8 billion | Parent only |
| Long-term loans receivable from subsidiaries and affiliates | ¥27.4 billion | Parent only |
| Guarantee deposited-NCL | ¥8.3 billion | Parent only |
| Deposits received | ¥1.6 billion | Parent only |
Statement of income (102 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Other | ¥0.5 billion | Consolidated |
| Other | ¥73.00 million | Consolidated |
| Other | ¥5.9 billion | Consolidated |
| Other comprehensive income | ¥37.00 million | Consolidated |
| Valuation difference on available for sale securities net of tax | ¥-2.00 million | Consolidated |
| Amortization of goodwill | ¥90.00 million | Consolidated |
| Amortization of goodwill | ¥90.00 million | Consolidated |
| Amortization of goodwill | ¥90.00 million | Consolidated |
| Gain on valuation of derivatives | ¥5.3 billion | Consolidated |
| Dividends from surplus | ¥-5.1 billion | Consolidated |
| Comprehensive income | ¥31.9 billion | Consolidated |
| Interest income | ¥0.9 billion | Consolidated |
| Dividend income | ¥0 | Consolidated |
| Operating income | ¥39.9 billion | Consolidated |
| Operating income | ¥39.9 billion | Consolidated |
| Non-operating income | ¥8.8 billion | Consolidated |
| Non-operating expenses | ¥0.6 billion | Consolidated |
| Net cash provided by (used in) operating activities | ¥42.1 billion | Consolidated |
| Loss on sale of non-current assets | ¥63.00 million | Consolidated |
| Gain on sales of non-current assets | ¥1.00 million | Consolidated |
| Loss on retirement of non-current assets | ¥44.00 million | Consolidated |
| Rents | ¥1.3 billion | Consolidated |
| Cost of sales | ¥485.2 billion | Consolidated |
| Gross profit (loss) | ¥66.5 billion | Consolidated |
| Net sales | ¥551.7 billion | Consolidated |
| Net sales | ¥551.7 billion | Consolidated |
| Advertising expenses | ¥0.3 billion | Consolidated |
| Net income | ¥31.9 billion | Consolidated |
| Net income | ¥31.9 billion | Consolidated |
| Net income (loss) | ¥31.9 billion | Consolidated |
| Net income (loss) | ¥31.9 billion | Consolidated |
| Provision for management board incentive plan trust-SGA | ¥32.00 million | Consolidated |
| Gain on sales of investment securities | ¥20.00 million | Consolidated |
| Net cash provided by (used in) investing activities | ¥-8.9 billion | Consolidated |
| Interest expenses | ¥23.00 million | Consolidated |
| Gain on reversal of share acquisition rights | ¥84.00 million | Consolidated |
| Income taxes - current | ¥15.0 billion | Consolidated |
| Income taxes | ¥14.7 billion | Consolidated |
| Income taxes - deferred | ¥-0.3 billion | Consolidated |
| Legal welfare expenses | ¥0.8 billion | Consolidated |
| Depreciation | ¥1.2 billion | Consolidated |
| Impairment loss | ¥1.5 billion | Consolidated |
| Impairment loss | ¥1.5 billion | Consolidated |
| Foreign exchange losses | ¥0.3 billion | Consolidated |
| Foreign currency translation adjustment net of tax | ¥40.00 million | Consolidated |
| Extraordinary income | ¥0.1 billion | Consolidated |
| Extraordinary loss | ¥1.6 billion | Consolidated |
| Effect of exchange rate change on cash and cash equivalents | ¥1.1 billion | Consolidated |
| Net increase (decrease) in cash and cash equivalents | ¥23.2 billion | Consolidated |
| Income (loss) before income taxes | ¥46.6 billion | Consolidated |
| Income (loss) before income taxes | ¥46.6 billion | Consolidated |
| Ordinary income | ¥48.1 billion | Consolidated |
| Disposal of treasury stock | ¥1.2 billion | Consolidated |
| Purchase of treasury stock | ¥-0 | Consolidated |
| Subsidy income | ¥1.9 billion | Consolidated |
| Comprehensive income attributable to owners of parent | ¥31.9 billion | Consolidated |
| Net cash provided by (used in) financing activities | ¥-11.1 billion | Consolidated |
| Promotion expenses | ¥0.4 billion | Consolidated |
| Selling, general and administrative expenses | ¥26.6 billion | Consolidated |
| Provision of allowance for doubtful accounts | ¥-13.00 million | Consolidated |
| Cost of rent income | ¥31.00 million | Consolidated |
| Provision for bonuses | ¥0.4 billion | Consolidated |
| Retirement benefit expenses | ¥0.1 billion | Consolidated |
| Freightage expenses | ¥9.1 billion | Consolidated |
| Other | ¥0.4 billion | Parent only |
| Other | ¥52.00 million | Parent only |
| Gain on valuation of derivatives | ¥5.3 billion | Parent only |
| Dividends from surplus | ¥-5.1 billion | Parent only |
| Interest and dividend income | ¥1.1 billion | Parent only |
| Operating income | ¥34.6 billion | Parent only |
| Non-operating income | ¥7.0 billion | Parent only |
| Non-operating expenses | ¥0.6 billion | Parent only |
| Loss on retirement of non-current assets | ¥16.00 million | Parent only |
| Cost of sales | ¥473.3 billion | Parent only |
| Gross profit (loss) | ¥57.1 billion | Parent only |
| Net sales | ¥530.5 billion | Parent only |
| Net income (loss) | ¥27.7 billion | Parent only |
| Net income (loss) | ¥27.7 billion | Parent only |
| Provision for management board incentive plan trust-SGA | ¥32.00 million | Parent only |
| Gain on sales of investment securities | ¥19.00 million | Parent only |
| Interest expenses | ¥27.00 million | Parent only |
| Gain on reversal of share acquisition rights | ¥84.00 million | Parent only |
| Income taxes - current | ¥13.1 billion | Parent only |
| Income taxes | ¥12.5 billion | Parent only |
| Income taxes - deferred | ¥-0.6 billion | Parent only |
| Depreciation | ¥1.2 billion | Parent only |
| Impairment loss | ¥0.8 billion | Parent only |
| Foreign exchange losses | ¥0.4 billion | Parent only |
| Extraordinary income | ¥0.1 billion | Parent only |
| Extraordinary loss | ¥0.9 billion | Parent only |
| Income (loss) before income taxes | ¥40.2 billion | Parent only |
| Ordinary income | ¥41.0 billion | Parent only |
| Disposal of treasury stock | ¥1.2 billion | Parent only |
| Purchase of treasury stock | ¥-0 | Parent only |
| Promotion expenses | ¥0.4 billion | Parent only |
| Selling, general and administrative expenses | ¥22.6 billion | Parent only |
| Provision of allowance for doubtful accounts | ¥50.00 million | Parent only |
| Provision of allowance for doubtful accounts | ¥-13.00 million | Parent only |
| Cost of rent income | ¥19.00 million | Parent only |
| Provision for bonuses | ¥0.3 billion | Parent only |
| Retirement benefit expenses | ¥82.00 million | Parent only |
| Freightage expenses | ¥7.6 billion | Parent only |
Accounts unique to this company (9 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Revenue | ¥1.0 billion | Consolidated |
| Revenue | ¥5.9 billion | Consolidated |
| Revenue | ¥0.2 billion | Consolidated |
| Revenue | ¥95.00 million | Consolidated |
| Revenue | ¥93.00 million | Consolidated |
| Revenue | ¥0.2 billion | Parent only |
| Revenue | ¥95.00 million | Parent only |
| Revenue | ¥93.00 million | Parent only |
| Revenue | ¥4.9 billion | Parent only |
Statement of changes in equity (4 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Total changes during the period | ¥28.6 billion | Consolidated |
| Net changes in items other than shareholders' equity | ¥0.7 billion | Consolidated |
| Total changes during the period | ¥24.4 billion | Parent only |
| Net changes in items other than shareholders' equity | ¥0.6 billion | Parent only |
Statement of cash flows (43 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Other | ¥0.2 billion | Consolidated |
| Other | ¥-0.7 billion | Consolidated |
| Increase (decrease) in other current liabilities | ¥1.6 billion | Consolidated |
| Decrease (increase) in other current assets | ¥0.6 billion | Consolidated |
| Loss gain on valuation of derivatives | ¥-5.3 billion | Consolidated |
| Repayments of finance lease obligations | ¥-1.00 million | Consolidated |
| Increase decrease in notes and accounts payable trade | ¥3.2 billion | Consolidated |
| Payments for contributions in insurance fund | ¥-1.0 billion | Consolidated |
| Interest expenses paid | ¥-22.00 million | Consolidated |
| Interest and dividends income received | ¥0.9 billion | Consolidated |
| Decrease (increase) in advance payments to suppliers | ¥-0.8 billion | Consolidated |
| Interest and dividend income | ¥-0.9 billion | Consolidated |
| Decrease increase in notes and accounts receivable trade | ¥-2.0 billion | Consolidated |
| Proceeds from withdrawal of time deposits | ¥0.3 billion | Consolidated |
| Payments into time deposits | ¥-0.1 billion | Consolidated |
| Subtotal | ¥51.7 billion | Consolidated |
| Proceeds from sales of investment securities | ¥0.4 billion | Consolidated |
| Loss (gain) on sales of long-term investment securities | ¥-20.00 million | Consolidated |
| Interest expenses | ¥23.00 million | Consolidated |
| Purchase of property plant and equipment | ¥-9.1 billion | Consolidated |
| Proceeds from sales of property plant and equipment | ¥22.00 million | Consolidated |
| Loss gain on sales of property plant and equipment | ¥61.00 million | Consolidated |
| Loss on retirement of property, plant and equipment | ¥44.00 million | Consolidated |
| Share-based payment expenses | ¥1.0 billion | Consolidated |
| Decrease (increase) in inventories | ¥2.1 billion | Consolidated |
| Income taxes paid | ¥-10.6 billion | Consolidated |
| Depreciation | ¥6.6 billion | Consolidated |
| Impairment loss | ¥1.5 billion | Consolidated |
| Foreign exchange loss (gain) | ¥-1.1 billion | Consolidated |
| Purchase of intangible assets | ¥-0.3 billion | Consolidated |
| Proceeds from disposition of treasury stock | ¥0.9 billion | Consolidated |
| Regarding purchase of treasury stock | ¥-0 | Consolidated |
| Proceeds from subsidy income | ¥94.00 million | Consolidated |
| Proceeds from subsidy-InvCF | ¥1.8 billion | Consolidated |
| Subsidy income | ¥-1.9 billion | Consolidated |
| Collection of loans receivable | ¥0.3 billion | Consolidated |
| Increase (decrease) in allowance for doubtful accounts | ¥-0.1 billion | Consolidated |
| Increase (decrease) in provision for bonuses | ¥47.00 million | Consolidated |
| Increase (decrease) in net defined benefit liability | ¥47.00 million | Consolidated |
| Payments for acquisition in subsidiaries resulting in change in scope of consolidation | ¥-0.6 billion | Consolidated |
| Dividends | ¥-5.1 billion | Consolidated |
| Repayment of long term loans payable | ¥-6.9 billion | Consolidated |
| Increase decrease in guarantee deposits received | ¥0.3 billion | Consolidated |
Basic indicators
| Item | Value | Consolidated / Non-consolidated | Source |
|---|---|---|---|
| Net cash provided by (used in) operating activities | ¥42.1 billion | Consolidated | Disclosed |
| Dividend per share | 30 | Parent only | Disclosed |
| Number of employees | 1,674 | Consolidated | Disclosed |
| Net assets | ¥161.4 billion | Consolidated | Disclosed |
| Net sales | ¥551.7 billion | Consolidated | Disclosed |
| Operating income | ¥39.9 billion | Consolidated | Disclosed |
| Ordinary income | ¥48.1 billion | Consolidated | Disclosed |
| Net income | ¥31.9 billion | Consolidated | Disclosed |
| Total assets | ¥260.2 billion | Consolidated | Disclosed |
| Operating margin | 7.2% | Consolidated | Calculated |
| Net margin | 5.8% | Consolidated | Calculated |
| Sales per employee | 329570490 yen | Consolidated | Calculated |
| Total asset turnover | 2.12 times | Consolidated | Calculated |
| Net assets to total assets | 62.0% | Consolidated | Calculated |