Rengo
Rengo Co., Ltd.
Company highlights
The largest segment by revenue is Paperboard and packaging-related business, at 53.9% of the total.
Key figures
Period Apr 2025 to Mar 2026ConsolidatedJapanese GAAP
Company profile
Tables scroll sideways
Disclosed data
Business activities and revenue composition
Rengo
Revenue and profit by business segment
Period Apr 2025 to Mar 2026Source Annual securities reportsConsolidated・Disclosed
| Business | Net sales to external customers | Operating income | ||||
|---|---|---|---|---|---|---|
| This year | Share | Last year | This year | Margin | Last year | |
| Paperboard and packaging-related business | ¥521.9 billion | 53.9% | ¥514.7 billion | ¥25.7 billion | 4.9% | ¥23.4 billion |
| Overseas business | ¥209.1 billion | 21.6% | ¥213.1 billion | ¥-1.6 billion | -0.8% | ¥4.9 billion |
| Flexible packaging-related business | ¥191.5 billion | 19.8% | ¥181.6 billion | ¥9.4 billion | 4.9% | ¥5.1 billion |
| Heavy duty packaging-related business | ¥46.4 billion | 4.8% | ¥45.0 billion | ¥1.9 billion | 4.1% | ¥1.7 billion |
| Total of the businesses | ¥968.9 billion | 100.0% | ||||
Revenue and profit
Rengo
Period Apr 2025 to Mar 2026Source Annual securities reports
Amounts by account
| Group | Account | Amount | Consolidated / Non-consolidated |
|---|---|---|---|
| Selling, general and administrative expenses | Other | ¥66.6 billion | Consolidated |
| Salaries and allowances | ¥47.1 billion | Consolidated | |
| Freightage and packing expenses | ¥33.5 billion | Consolidated | |
| Amortization of goodwill | ¥3.8 billion | Consolidated | |
| Research and development expenses | ¥3.0 billion | Consolidated | |
| Depreciation | ¥2.5 billion | Parent only | |
| Profit by stage | Gross profit (loss) | ¥188.0 billion | Consolidated |
| Ordinary income | ¥37.4 billion | Consolidated | |
| Operating income | ¥37.1 billion | Consolidated | |
| Net income | ¥21.0 billion | Consolidated |
Rengo
Selling, general and administrative expenses
Period Apr 2025 to Mar 2026Source Annual securities reports
- Other ¥66.6 billion
- Salaries and allowances ¥47.1 billion
- Freightage and packing expenses ¥33.5 billion
- Amortization of goodwill ¥3.8 billion
- Research and development expenses ¥3.0 billion
- Depreciation ¥2.5 billion
Performance, financial position and capital allocation
Long-term changes in performance
Rengo
Long-term revenue, profit and asset trends
Period 2013 to 2026Source Annual securities reportsDisclosed
Rengo
Recent performance trends
Source Annual securities reports
Year-on-year comparison
| Item | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net sales | ¥746.9B | ¥846.1B | ¥900.8B | ¥993.3B | ¥1,008.3B |
| Year on year (%) | +9.7% | +13.3% | +6.5% | +10.3% | +1.5% |
| Ordinary income (loss) | ¥36.6B | ¥28.7B | ¥48.0B | ¥39.2B | ¥37.4B |
| Change from prior year | -15.2% | -21.7% | +67.3% | -18.4% | -4.5% |
| Ordinary income (loss) as a share of Net sales | 4.9% | 3.4% | 5.3% | 3.9% | 3.7% |
| Change (percentage points) | -1.4 points | -1.5 points | +1.9 points | -1.4 points | -0.2 points |
Fiscal periods marked for changes
- 2020Ordinary income (loss) as a share of revenue +2.1 points
Rengo
Earnings and net assets per share over time
Unit yenSource Annual securities reports
Rengo
Return on equity over time
Unit %Source Annual securities reports
Consolidated indicators (14 items)
| Item | 4 years ago | 3 years ago | 2 years ago | Last year | This year |
|---|---|---|---|---|---|
| Net sales | ¥746.9 billion | ¥846.1 billion | ¥900.8 billion | ¥993.3 billion | ¥1,008.3 billion |
| Ordinary income (loss) | ¥36.6 billion | ¥28.7 billion | ¥48.0 billion | ¥39.2 billion | ¥37.4 billion |
| Net income (loss) attributable to owners of parent | ¥28.2 billion | ¥20.4 billion | ¥33.0 billion | ¥29.0 billion | ¥21.0 billion |
| Comprehensive income | ¥36.4 billion | ¥37.7 billion | ¥60.4 billion | ¥47.8 billion | ¥36.7 billion |
| Net assets | ¥354.3 billion | ¥385.7 billion | ¥439.0 billion | ¥500.2 billion | ¥528.6 billion |
| Total assets | ¥934.3 billion | ¥1,053.1 billion | ¥1,172.5 billion | ¥1,243.1 billion | ¥1,313.1 billion |
| Net assets per share | 1,380.74 yen | 1,505.09 yen | 1,716.97 yen | 1,872.24 yen | 1,972.64 yen |
| Basic earnings (loss) per share | 113.84 yen | 82.47 yen | 133.33 yen | 116.94 yen | 84.7 yen |
| Equity-to-asset ratio | 36.6% | 35.4% | 36.3% | 37.3% | 37.3% |
| Return on equity | 8.6% | 5.7% | 8.3% | 6.5% | 4.4% |
| Net cash provided by (used in) operating activities | ¥57.9 billion | ¥46.1 billion | ¥89.6 billion | ¥77.0 billion | ¥78.2 billion |
| Net cash provided by (used in) investing activities | ¥-54.7 billion | ¥-60.6 billion | ¥-76.0 billion | ¥-97.3 billion | ¥-70.7 billion |
| Net cash provided by (used in) financing activities | ¥1.9 billion | ¥20.0 billion | ¥17.3 billion | ¥-14.5 billion | ¥8.8 billion |
| Cash and cash equivalents | ¥57.8 billion | ¥70.9 billion | ¥103.8 billion | ¥70.6 billion | ¥89.4 billion |
Parent only indicators (14 items)
| Item | 4 years ago | 3 years ago | 2 years ago | Last year | This year |
|---|---|---|---|---|---|
| Net sales | ¥317.9 billion | ¥344.1 billion | ¥363.6 billion | ¥368.9 billion | ¥378.8 billion |
| Ordinary income (loss) | ¥18.5 billion | ¥13.0 billion | ¥28.3 billion | ¥19.7 billion | ¥22.9 billion |
| Net income (loss) | ¥18.0 billion | ¥12.0 billion | ¥18.2 billion | ¥11.5 billion | ¥25.8 billion |
| Capital stock | ¥31.1 billion | ¥31.1 billion | ¥31.1 billion | ¥31.1 billion | ¥31.1 billion |
| Total number of issued shares (common stock) | 271,056,000 shares | 271,056,000 shares | 271,056,000 shares | 271,056,000 shares | 271,056,000 shares |
| Net assets | ¥182.6 billion | ¥192.0 billion | ¥210.5 billion | ¥212.5 billion | ¥230.4 billion |
| Total assets | ¥592.6 billion | ¥647.4 billion | ¥718.8 billion | ¥699.9 billion | ¥740.3 billion |
| Net assets per share | 737.49 yen | 775.14 yen | 849.73 yen | 857.35 yen | 928.84 yen |
| Dividend per share | 24 yen | 24 yen | 30 yen | 30 yen | 40 yen |
| Interim dividend per share | 12 yen | 12 yen | 12 yen | 15 yen | 20 yen |
| Basic earnings (loss) per share | 72.56 yen | 48.29 yen | 73.65 yen | 46.37 yen | 104.08 yen |
| Equity-to-asset ratio | 30.8% | 29.7% | 29.3% | 30.4% | 31.1% |
| Return on equity | 10.1% | 6.4% | 9.1% | 5.4% | 11.7% |
| Payout ratio | 33.1% | 49.7% | 40.7% | 64.7% | 38.4% |
Dividend history
| Fiscal year | Annual dividend per share | Of which interim | Payout ratio (as reported, parent only) | Flag |
|---|---|---|---|---|
| FY ending 3/2026 | ¥40 | ¥20 | 38.4% | |
| FY ending 3/2025 | ¥30 | ¥15 | 64.7% | |
| FY ending 3/2024 | ¥30 | ¥12 | 40.7% | |
| FY ending 3/2023 | ¥24 | ¥12 | 49.7% | |
| FY ending 3/2022 | ¥24 | ¥12 | 33.1% | |
| FY ending 3/2021 | ¥24 | ¥12 | 36.3% | |
| FY ending 3/2020 | ¥20 | ¥8 | 32.2% | |
| FY ending 3/2019 | ¥14 | ¥6 | 41.3% | |
| FY ending 3/2018 | ¥12 | ¥6 | 55.2% | |
| FY ending 3/2017 | ¥12 | ¥6 | 47.1% | |
| FY ending 3/2016 | ¥12 | ¥6 | 139.7% | |
| FY ending 3/2015 | ¥12 | ¥6 | 80.4% | |
| FY ending 3/2014 | ¥12 | ¥6 | Could not be retrieved | |
| FY ending 3/2013 | ¥12 | ¥6 | 96.2% |
Rengo
Dividends per share over time
Unit yenSource Annual securities reports
Shareholder composition
Share ownership by holder category
Rengo
Unit %Source Annual securities reports
- Financial institutions36.31%
- Securities firms2.71%
- Other corporations17.29%
- Foreign holders (institutions)20.23%
- Foreign holders (individuals)0.75%
- Individuals and others22.71%
Major shareholders
| Rank | Shareholder | Shareholding ratio | Shares held |
|---|---|---|---|
| 1 | ㈱日本カストディ銀行 | 12.62% | 31,505,000 |
| 2 | 日本マスタートラスト信託銀行㈱ | 10.97% | 27,380,000 |
| 3 | ㈱三井住友銀行 | 3.83% | 9,562,000 |
| 4 | 野村 絢(常任代理人 三田証券㈱) | 3.51% | 8,759,000 |
| 5 | STATE STREET BANK AND TRUST COMPANY 505223(常任代理人 ㈱みずほ銀行決済営業部) | 2.97% | 7,424,000 |
| 6 | 住友生命保険(相) | 2.73% | 6,808,000 |
| 7 | STATE STREET BANK AND TRUST COMPANY 505103(常任代理人 ㈱みずほ銀行決済営業部) | 2.11% | 5,261,000 |
| 8 | 農林中央金庫 | 2.09% | 5,215,000 |
| 9 | レンゴー社員持株会 | 1.91% | 4,760,000 |
| 10 | STATE STREET BANK AND TRUST COMPANY 505001(常任代理人 ㈱みずほ銀行決済営業部) | 1.41% | 3,524,000 |
Research and development expenses and capital expenditure
| Fiscal year | Research and development | Capital expenditure |
|---|---|---|
| FY ending 3/2026 | ¥3.0 billion | ¥93.6 billion |
| FY ending 3/2021 | ¥1.9 billion | ¥47.1 billion |
Research and development expenses and capital expenditure by segment (FY ending 3/2026)
| Segment | Research and development | Capital expenditure |
|---|---|---|
| Paperboard and packaging-related business | ¥1.0 billion | Could not be retrieved |
| Overseas business | ¥41.00 million | ¥27.9 billion |
| Flexible packaging-related business | ¥1.2 billion | ¥10.9 billion |
| Heavy duty packaging-related business | ¥0.4 billion | ¥1.1 billion |
Revenue scale in the same industry
Rengo
Source Annual securities reports of each company
Pulp and Paper: 24 companies · revenue · largest first・FY Mar 2026・Consolidated・Disclosed
- 1 Oji ¥1.9T
- 2 日本製紙 ¥1.2T
- 3 RengoThis company ¥1.0T
- 4 Daio Paper ¥666.8B
- 5 Hokuetsu ¥287.7B
- … 19 companies
Workforce information
Women 23.2 yrs Average length of service by gender
Women 793 Employees by gender
Administrative filings and published information
Workplace information filings
| Item | Value |
|---|---|
| Employees | 4,759 |
| Average monthly overtime (statutory overtime plus work on statutory days off) |
15.4 hours |
| Annual paid leave taken |
81.4% |
| Childcare leave taken, men |
66.7% |
| Childcare leave taken, women |
100% |
| Share of managers who are women | 7.1% |
| Share of board members who are women | 6.7% |
Subsidy award information
| Date approved | Subsidy | Ministry | Amount |
|---|---|---|---|
| 2022-05-20 | 令和3年度基礎素材産業の低炭素化投資促進に向けた設計・実証事業補助金 | 経済産業省 | ¥21.93 million |
Greenhouse gas emissions
| Category | Emissions |
|---|---|
| 特定事業所排出者 | 795,562 t-CO2 |
| 特定荷主 | 61,646 t-CO2 |
| Sites covered by the report | 26 |
Audit and disclosure information
| Item | Value |
|---|---|
| Audit firm | 有限責任あずさ監査法人 |
| Audit fees (this year, total) | ¥0.3 billion |
| Non-audit fees (this year, total) | ¥5.00 million |
| Audit fees (this year, network firms) | ¥0.2 billion |
| Non-audit fees (this year, network firms) | ¥70.00 million |
| Going concern note | Cannot be determined |
| Accounting standard | Japanese GAAP |
Related books, articles and videos
Sources and methodology
Retrieved disclosed figures
Major management indicators (5 years) (28 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Comprehensive income | ¥36.7 billion | Consolidated |
| Net cash provided by (used in) operating activities | ¥78.2 billion | Consolidated |
| Net sales | ¥1,008.3 billion | Consolidated |
| Net cash provided by (used in) investing activities | ¥-70.7 billion | Consolidated |
| Cash and cash equivalents | ¥89.4 billion | Consolidated |
| Net assets | ¥528.6 billion | Consolidated |
| Ordinary income (loss) | ¥37.4 billion | Consolidated |
| Total assets | ¥1,313.1 billion | Consolidated |
| Return on equity | 4.4% | Consolidated |
| Equity-to-asset ratio | 37.3% | Consolidated |
| Net income (loss) attributable to owners of parent | ¥21.0 billion | Consolidated |
| Net cash provided by (used in) financing activities | ¥8.8 billion | Consolidated |
| Basic earnings (loss) per share | 84.7 yen | Consolidated |
| Net assets per share | 1,972.64 yen | Consolidated |
| Dividend per share | 40 yen | Parent only |
| Net sales | ¥378.8 billion | Parent only |
| Net income (loss) | ¥25.8 billion | Parent only |
| Total number of issued shares (common stock) | 271,056,000 shares | Parent only |
| Net assets | ¥230.4 billion | Parent only |
| Ordinary income (loss) | ¥22.9 billion | Parent only |
| Total assets | ¥740.3 billion | Parent only |
| Return on equity | 11.7% | Parent only |
| Equity-to-asset ratio | 31.1% | Parent only |
| Capital stock | ¥31.1 billion | Parent only |
| Payout ratio | 38.4% | Parent only |
| Interim dividend per share | 20 yen | Parent only |
| Basic earnings (loss) per share | 104.08 yen | Parent only |
| Net assets per share | 928.84 yen | Parent only |
Employees (11 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Number of employees | 25,573 people | Consolidated |
| Number of employees | 25,573 people | Consolidated |
| Wage gap between men and women (all employees) | 68.4% | Parent only |
| Average length of service (years) | 16.8 years | Parent only |
| Average annual salary | ¥8.18 million | Parent only |
| Average age (years) | 42.1 years old | Parent only |
| Number of employees | 4,426 people | Parent only |
| Number of employees | 4,426 people | Parent only |
| Number of employees | 4,426 people | Parent only |
| Wage gap between men and women (regular employees) | 73.7% | Parent only |
| Wage gap between men and women (non-regular employees) | 50.9% | Parent only |
Shares (18 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Number of shares held | 110,203,000 shares | Consolidated |
| Total number of shares held treasury shares etc | 21,779,800 shares | Consolidated |
| Number of issues whose number of shares increased shares not listed investment shares held for purposes other than pure investment reporting company | 2 issues | Consolidated |
| Number of issues whose number of shares increased shares other than those not listed investment shares held for purposes other than pure investment reporting company | 23 issues | 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 | 8 issues | Consolidated |
| Total acquisition cost for increased shares shares not listed investment shares held for purposes other than pure investment reporting company | ¥0.3 billion | Consolidated |
| Total acquisition cost for increased shares shares other than those not listed investment shares held for purposes other than pure investment reporting company | ¥46.00 million | Consolidated |
| Total sale amount for decreased shares shares other than those not listed investment shares held for purposes other than pure investment reporting company | ¥3.3 billion | Consolidated |
| Number of shares | 271,056,029 shares | Consolidated |
| Shareholding ratio treasury shares etc | 8.0% | Consolidated |
| Shareholding ratio | 44.2% | Consolidated |
| Number of shares held in own name treasury shares etc | 21,779,800 shares | Consolidated |
| Number of voting rights | 2,489,383 units | Consolidated |
| Carrying amount on the balance sheet | ¥1.5 billion | Consolidated |
| Carrying amount on the balance sheet | ¥70.4 billion | Consolidated |
| Number of issues | 46 issues | Consolidated |
| Number of issues | 87 issues | Consolidated |
| Total shareholder return | 146.3% | Parent only |
Other disclosed items (10 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Goodwill before offsetting | ¥17.8 billion | Consolidated |
| Net sales to external customers | ¥1,008.3 billion | Consolidated |
| Number of associates accounted for using equity method | 19 companies | Consolidated |
| Investments accounted for using equity method | ¥67.6 billion | Consolidated |
| Increase in property plant and equipment and intangible assets | ¥93.6 billion | Consolidated |
| Write-downs of inventories | ¥-79.00 million | Consolidated |
| Depreciation | ¥58.8 billion | Consolidated |
| Number of consolidated subsidiaries | 201 companies | Consolidated |
| Total return on the share price index | 202.2% | Parent only |
| Ratio of female employees in managerial positions | 7.1% | Parent only |
Research and development (1 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Research and development expenses | ¥3.0 billion | Consolidated |
Property and facilities (1 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Capital expenditures | ¥93.6 billion | Consolidated |
Audit (11 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Fees for audit and attestation services - reporting company | ¥0.2 billion | Consolidated |
| Fees for audit and attestation services - total | ¥0.2 billion | Consolidated |
| Fees for audit and attestation services - total | ¥0.3 billion | Consolidated |
| Fees for audit and attestation services - consolidated subsidiaries | ¥0.2 billion | Consolidated |
| Fees for audit and attestation services - consolidated subsidiaries | ¥0.1 billion | Consolidated |
| Fees for non-audit services - reporting company | ¥0 | Consolidated |
| Fees for non-audit services - reporting company | ¥1.00 million | Consolidated |
| Fees for non-audit services - total | ¥70.00 million | Consolidated |
| Fees for non-audit services - total | ¥5.00 million | Consolidated |
| Non audit fees consolidated subsidiaries network firms | ¥70.00 million | Consolidated |
| Non audit fees consolidated subsidiaries | ¥4.00 million | Consolidated |
Accounts unique to this company (14 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Revenue | ¥2.4 billion | Consolidated |
| Revenue | ¥1.1 billion | Consolidated |
| Revenue | ¥2.4 billion | Consolidated |
| Revenue | ¥-51.00 million | Consolidated |
| Revenue | ¥-6.2 billion | Consolidated |
| Revenue | ¥3.8 billion | Consolidated |
| Revenue | ¥3.8 billion | Consolidated |
| Change in average annual salary from the previous year | 3.6% | Parent only |
| Rate of male employees taking childcare leave | 66.7% | Parent only |
| Rate of male employees taking childcare leave | 116.7% | Parent only |
| Rate of male employees taking childcare leave | 109.1% | Parent only |
| Revenue | ¥2.4 billion | Parent only |
| Revenue | ¥0.9 billion | Parent only |
| Revenue | ¥2.4 billion | Parent only |
Balance sheet (149 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Other | ¥2.9 billion | Consolidated |
| Other | ¥36.2 billion | Consolidated |
| Other | ¥35.5 billion | Consolidated |
| Other | ¥45.1 billion | Consolidated |
| Other | ¥18.1 billion | Consolidated |
| Other | ¥19.7 billion | Consolidated |
| Valuation difference on available-for-sale securities | ¥46.4 billion | Consolidated |
| Other, net | ¥8.2 billion | Consolidated |
| Goodwill | ¥17.8 billion | Consolidated |
| Lease obligations | ¥18.3 billion | Consolidated |
| Lease obligations | ¥7.6 billion | Consolidated |
| Lease assets | ¥51.3 billion | Consolidated |
| Lease assets, net | ¥26.2 billion | Consolidated |
| Work in process | ¥7.3 billion | Consolidated |
| Retained earnings | ¥312.9 billion | Consolidated |
| Raw materials and supplies | ¥45.3 billion | Consolidated |
| Notes receivable - trade | ¥5.8 billion | Consolidated |
| Notes and accounts receivable trade | ¥282.5 billion | Consolidated |
| Merchandise and finished goods | ¥57.3 billion | Consolidated |
| Non-current liabilities | ¥345.9 billion | Consolidated |
| Non-current assets | ¥813.0 billion | Consolidated |
| Land | ¥155.1 billion | Consolidated |
| Accounts receivable - trade | ¥276.7 billion | Consolidated |
| Contract liabilities | ¥0.9 billion | Consolidated |
| Buildings and structures | ¥401.9 billion | Consolidated |
| Buildings and structures, net | ¥170.5 billion | Consolidated |
| Construction in progress | ¥36.4 billion | Consolidated |
| Provision for management board incentive plan trust-NCL | ¥1.0 billion | Consolidated |
| Provision for directors' bonuses | ¥0.5 billion | Consolidated |
| Provision for directors' retirement benefits | ¥0.9 billion | Consolidated |
| Investments and other assets | ¥215.8 billion | Consolidated |
| Investment securities | ¥167.2 billion | Consolidated |
| Notes and accounts payable - trade | ¥147.7 billion | Consolidated |
| Property, plant and equipment | ¥559.6 billion | Consolidated |
| Income taxes payable | ¥15.1 billion | Consolidated |
| Accrued expenses | ¥39.8 billion | Consolidated |
| Shareholders' equity | ¥366.7 billion | Consolidated |
| Machinery, equipment and vehicles | ¥798.7 billion | Consolidated |
| Machinery, equipment and vehicles, net | ¥163.1 billion | Consolidated |
| Current liabilities | ¥438.6 billion | Consolidated |
| Current assets | ¥500.1 billion | Consolidated |
| Accumulated depreciation | ¥-27.2 billion | Consolidated |
| Accumulated depreciation | ¥-25.0 billion | Consolidated |
| Accumulated depreciation | ¥-231.4 billion | Consolidated |
| Accumulated depreciation | ¥-635.6 billion | Consolidated |
| Foreign currency translation adjustment | ¥65.1 billion | Consolidated |
| Intangible assets | ¥37.6 billion | Consolidated |
| Cash and cash equivalents | ¥89.4 billion | Consolidated |
| Cash and deposits | ¥92.2 billion | Consolidated |
| Short-term loans payable | ¥152.7 billion | Consolidated |
| Bonds payable | ¥95.1 billion | Consolidated |
| Net assets | ¥528.6 billion | Consolidated |
| Net assets | ¥528.6 billion | Consolidated |
| Total assets | ¥1,313.1 billion | Consolidated |
| Total assets | ¥1,313.1 billion | Consolidated |
| Deferred gains or losses on hedges | ¥0 | Consolidated |
| Deferred tax liabilities | ¥34.3 billion | Consolidated |
| Deferred tax assets | ¥2.9 billion | Consolidated |
| Treasury stock | ¥-12.3 billion | Consolidated |
| Valuation and translation adjustments | ¥122.6 billion | Consolidated |
| Liabilities | ¥784.5 billion | Consolidated |
| Liabilities and net assets | ¥1,313.1 billion | Consolidated |
| Allowance for doubtful accounts | ¥-0.9 billion | Consolidated |
| Allowance for doubtful accounts | ¥-2.6 billion | Consolidated |
| Capital surplus | ¥35.0 billion | Consolidated |
| Capital stock | ¥31.1 billion | Consolidated |
| Remeasurements of defined benefit plans | ¥11.1 billion | Consolidated |
| Net defined benefit liability | ¥10.7 billion | Consolidated |
| Net defined benefit asset | ¥9.6 billion | Consolidated |
| Long-term loans payable | ¥180.3 billion | Consolidated |
| Long-term loans receivable | ¥0.8 billion | Consolidated |
| Non-controlling interests | ¥39.3 billion | Consolidated |
| Current portion of bonds payable | ¥30.0 billion | Consolidated |
| Other | ¥0.2 billion | Parent only |
| Other | ¥6.7 billion | Parent only |
| Other | ¥5.1 billion | Parent only |
| Other | ¥23.1 billion | Parent only |
| Other | ¥0.1 billion | Parent only |
| Valuation difference on available-for-sale securities | ¥32.8 billion | Parent only |
| Other capital surplus | ¥0.7 billion | Parent only |
| Software | ¥2.0 billion | Parent only |
| Lease obligations | ¥1.2 billion | Parent only |
| Lease obligations | ¥0.4 billion | Parent only |
| Lease assets | ¥20.00 million | Parent only |
| Lease assets, net | ¥1.5 billion | Parent only |
| Work in process | ¥0.2 billion | Parent only |
| Leasehold right | ¥0.4 billion | Parent only |
| Investments in capital | ¥26.00 million | Parent only |
| General reserve | ¥47.4 billion | Parent only |
| Retained earnings | ¥144.1 billion | Parent only |
| Legal retained earnings | ¥3.5 billion | Parent only |
| Prepaid expenses | ¥0.5 billion | Parent only |
| Raw materials and supplies | ¥12.0 billion | Parent only |
| Notes receivable - trade | ¥18.8 billion | Parent only |
| Merchandise and finished goods | ¥14.2 billion | Parent only |
| Non-current liabilities | ¥272.5 billion | Parent only |
| Non-current assets | ¥537.9 billion | Parent only |
| Reserve for special account for advanced depreciation of noncurrent assets | ¥5.2 billion | Parent only |
| Reserve for advanced depreciation of noncurrent assets | ¥5.8 billion | Parent only |
| Land | ¥76.0 billion | Parent only |
| Accounts receivable - trade | ¥102.9 billion | Parent only |
| Tools, furniture and fixtures | ¥3.2 billion | Parent only |
| Buildings, net | ¥59.8 billion | Parent only |
| Construction in progress | ¥15.6 billion | Parent only |
| Provision for management board incentive plan trust-NCL | ¥1.0 billion | Parent only |
| Provision for directors' bonuses | ¥0.1 billion | Parent only |
| Investments and other assets | ¥310.4 billion | Parent only |
| Investment securities | ¥72.1 billion | Parent only |
| Property, plant and equipment | ¥225.0 billion | Parent only |
| Income taxes payable | ¥7.9 billion | Parent only |
| Accrued expenses | ¥20.8 billion | Parent only |
| Accounts payable - other | ¥36.00 million | Parent only |
| Shareholders' equity | ¥197.6 billion | Parent only |
| Structures, net | ¥6.9 billion | Parent only |
| Machinery and equipment, net | ¥61.6 billion | Parent only |
| Current liabilities | ¥237.4 billion | Parent only |
| Current assets | ¥202.4 billion | Parent only |
| Intangible assets | ¥2.5 billion | Parent only |
| Cash and deposits | ¥31.9 billion | Parent only |
| Short-term loans payable | ¥43.7 billion | Parent only |
| Claims provable in bankruptcy claims provable in rehabilitation and other | ¥9.00 million | Parent only |
| Bonds payable | ¥95.0 billion | Parent only |
| Net assets | ¥230.4 billion | Parent only |
| Net assets | ¥230.4 billion | Parent only |
| Total assets | ¥740.3 billion | Parent only |
| Deferred tax liabilities | ¥13.5 billion | Parent only |
| Retained earnings brought forward | ¥82.0 billion | Parent only |
| Treasury stock | ¥-12.3 billion | Parent only |
| Accounts payable facilities | ¥12.7 billion | Parent only |
| Valuation and translation adjustments | ¥32.8 billion | Parent only |
| Liabilities | ¥509.9 billion | Parent only |
| Liabilities and net assets | ¥740.3 billion | Parent only |
| Accounts payable - trade | ¥63.0 billion | Parent only |
| Allowance for doubtful accounts | ¥-0.5 billion | Parent only |
| Allowance for doubtful accounts | ¥-1.2 billion | Parent only |
| Capital surplus | ¥34.7 billion | Parent only |
| Legal capital surplus | ¥34.0 billion | Parent only |
| Capital stock | ¥31.1 billion | Parent only |
| Asset retirement obligations | ¥0.2 billion | Parent only |
| Vehicles, net | ¥0.3 billion | Parent only |
| Provision for retirement benefits | ¥7.1 billion | Parent only |
| Long-term loans payable | ¥151.9 billion | Parent only |
| Long-term prepaid expenses | ¥1.1 billion | Parent only |
| Investments in capital of subsidiaries and affiliates | ¥32.5 billion | Parent only |
| Shares of subsidiaries and associates | ¥180.7 billion | Parent only |
| Long-term loans receivable from subsidiaries and affiliates | ¥17.8 billion | Parent only |
| Deposits received | ¥24.5 billion | Parent only |
| Current portion of bonds payable | ¥30.0 billion | Parent only |
| Current portion of long-term loans payable | ¥29.1 billion | Parent only |
Statement of income (95 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Other | ¥4.1 billion | Consolidated |
| Other | ¥3.2 billion | Consolidated |
| Other | ¥4.1 billion | Consolidated |
| Other | ¥4.2 billion | Consolidated |
| Other | ¥66.6 billion | Consolidated |
| Other comprehensive income | ¥13.3 billion | Consolidated |
| Other changes | ¥0.2 billion | Consolidated |
| Valuation difference on available for sale securities net of tax | ¥4.1 billion | Consolidated |
| Amortization of goodwill | ¥3.8 billion | Consolidated |
| Dividends from surplus | ¥-8.7 billion | Consolidated |
| Comprehensive income | ¥36.7 billion | Consolidated |
| Interest income | ¥0.7 billion | Consolidated |
| Guaranty money income | ¥14.9 billion | Consolidated |
| Rent income | ¥1.1 billion | Consolidated |
| Dividend income | ¥3.0 billion | Consolidated |
| Operating income | ¥37.1 billion | Consolidated |
| Operating income | ¥37.1 billion | Consolidated |
| Non-operating income | ¥10.2 billion | Consolidated |
| Non-operating expenses | ¥9.9 billion | Consolidated |
| Net cash provided by (used in) operating activities | ¥78.2 billion | Consolidated |
| Loss on tax purpose reduction entry of non-current assets | ¥3.7 billion | Consolidated |
| Cost of sales | ¥820.3 billion | Consolidated |
| Gross profit (loss) | ¥188.0 billion | Consolidated |
| Net sales | ¥1,008.3 billion | Consolidated |
| Net sales | ¥1,008.3 billion | Consolidated |
| Net income | ¥21.0 billion | Consolidated |
| Net income | ¥21.0 billion | Consolidated |
| Net income (loss) | ¥23.4 billion | Consolidated |
| Net income (loss) | ¥23.4 billion | Consolidated |
| Gain on sales of investment securities | ¥11.7 billion | Consolidated |
| Net cash provided by (used in) investing activities | ¥-70.7 billion | Consolidated |
| Share of profit of investments accounted for using equity method | ¥1.3 billion | Consolidated |
| Share of other comprehensive income of investments accounted for using equity method | ¥0.5 billion | Consolidated |
| Interest expenses | ¥5.6 billion | Consolidated |
| Income taxes - current | ¥19.5 billion | Consolidated |
| Income taxes | ¥19.0 billion | Consolidated |
| Income taxes - deferred | ¥-0.5 billion | Consolidated |
| Impairment loss | ¥19.1 billion | Consolidated |
| Impairment loss | ¥19.1 billion | Consolidated |
| Foreign currency translation adjustment net of tax | ¥7.8 billion | Consolidated |
| Extraordinary income | ¥34.4 billion | Consolidated |
| Extraordinary loss | ¥29.4 billion | Consolidated |
| Effect of exchange rate change on cash and cash equivalents | ¥2.6 billion | Consolidated |
| Net increase (decrease) in cash and cash equivalents | ¥18.8 billion | Consolidated |
| Research and development expenses | ¥3.0 billion | Consolidated |
| Income (loss) before income taxes | ¥42.4 billion | Consolidated |
| Income (loss) before income taxes | ¥42.4 billion | Consolidated |
| Ordinary income | ¥37.4 billion | Consolidated |
| Salaries and allowances | ¥47.1 billion | Consolidated |
| Deferred gains or losses on hedges net of tax | ¥0 | Consolidated |
| Disposal of treasury stock | ¥0.2 billion | Consolidated |
| Purchase of treasury stock | ¥-1.00 million | Consolidated |
| Subsidy income | ¥3.7 billion | Consolidated |
| Comprehensive income attributable to owners of parent | ¥33.6 billion | Consolidated |
| Amortization of negative goodwill | ¥2.00 million | Consolidated |
| Net cash provided by (used in) financing activities | ¥8.8 billion | Consolidated |
| Selling, general and administrative expenses | ¥150.9 billion | Consolidated |
| Remeasurements of defined benefit plans net of tax | ¥0.9 billion | Consolidated |
| Freightage and packing expenses | ¥33.5 billion | Consolidated |
| Comprehensive income attributable to non-controlling interests | ¥3.1 billion | Consolidated |
| Net income (loss) attributable to non-controlling interests | ¥2.4 billion | Consolidated |
| Other | ¥2.3 billion | Parent only |
| Other | ¥2.3 billion | Parent only |
| Other | ¥0.2 billion | Parent only |
| Other | ¥1.9 billion | Parent only |
| Dividends from surplus | ¥-8.7 billion | Parent only |
| Interest and dividend income | ¥8.8 billion | Parent only |
| Guaranty money income | ¥14.8 billion | Parent only |
| Rent income | ¥1.1 billion | Parent only |
| Operating income | ¥16.6 billion | Parent only |
| Non-operating income | ¥12.2 billion | Parent only |
| Non-operating expenses | ¥5.8 billion | Parent only |
| Loss on tax purpose reduction entry of non-current assets | ¥3.1 billion | Parent only |
| Cost of sales | ¥306.1 billion | Parent only |
| Gross profit (loss) | ¥72.7 billion | Parent only |
| Net sales | ¥378.8 billion | Parent only |
| Net income (loss) | ¥25.8 billion | Parent only |
| Net income (loss) | ¥25.8 billion | Parent only |
| Gain on sales of investment securities | ¥11.3 billion | Parent only |
| Interest expenses | ¥2.7 billion | Parent only |
| Income taxes - current | ¥9.2 billion | Parent only |
| Income taxes | ¥11.8 billion | Parent only |
| Income taxes - deferred | ¥2.6 billion | Parent only |
| Depreciation | ¥2.5 billion | Parent only |
| Extraordinary income | ¥29.3 billion | Parent only |
| Extraordinary loss | ¥14.6 billion | Parent only |
| Income (loss) before income taxes | ¥37.6 billion | Parent only |
| Ordinary income | ¥22.9 billion | Parent only |
| Salaries and allowances | ¥16.8 billion | Parent only |
| Disposal of treasury stock | ¥0.2 billion | Parent only |
| Purchase of treasury stock | ¥-1.00 million | Parent only |
| Subsidy income | ¥3.0 billion | Parent only |
| Selling, general and administrative expenses | ¥56.2 billion | Parent only |
| Freightage and packing expenses | ¥18.4 billion | Parent only |
| Loss on valuation of shares of subsidiaries and associates | ¥7.3 billion | Parent only |
Statement of changes in equity (4 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Total changes during the period | ¥28.3 billion | Consolidated |
| Net changes in items other than shareholders' equity | ¥15.7 billion | Consolidated |
| Total changes during the period | ¥17.9 billion | Parent only |
| Net changes in items other than shareholders' equity | ¥0.7 billion | Parent only |
Statement of cash flows (45 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Other | ¥1.0 billion | Consolidated |
| Other | ¥0.9 billion | Consolidated |
| Other | ¥-1.3 billion | Consolidated |
| Amortization of goodwill | ¥3.8 billion | Consolidated |
| Repayments of lease obligations | ¥-7.2 billion | Consolidated |
| Increase decrease in notes and accounts payable trade | ¥-10.6 billion | Consolidated |
| Interest expenses paid | ¥-5.5 billion | Consolidated |
| Interest and dividends income received | ¥5.5 billion | Consolidated |
| Interest and dividend income | ¥-3.7 billion | Consolidated |
| Guaranty money income | ¥-14.9 billion | Consolidated |
| Decrease increase in notes and accounts receivable trade | ¥-7.1 billion | Consolidated |
| Net decrease increase in time deposits | ¥7.2 billion | Consolidated |
| Subtotal | ¥80.7 billion | Consolidated |
| Net change in reserve for management board benefit trust-OpeCF | ¥29.00 million | Consolidated |
| Increase decrease in provision for directors retirement benefits | ¥26.00 million | Consolidated |
| Purchase of investment securities | ¥-0.6 billion | Consolidated |
| Proceeds from sales and redemption of investment securities | ¥15.3 billion | Consolidated |
| Loss (gain) on sales of long-term investment securities | ¥-11.8 billion | Consolidated |
| Valuation gains (losses) on investment securities | ¥1.6 billion | Consolidated |
| Equity in earnings losses of affiliates | ¥-1.3 billion | Consolidated |
| Interest expenses | ¥5.6 billion | Consolidated |
| Purchase of property plant and equipment | ¥-89.0 billion | Consolidated |
| Proceeds from sales of property plant and equipment | ¥3.1 billion | Consolidated |
| Loss gain on sales of property plant and equipment | ¥-0.4 billion | Consolidated |
| Loss on retirement of property, plant and equipment | ¥1.1 billion | Consolidated |
| Decrease (increase) in inventories | ¥-3.0 billion | Consolidated |
| Income taxes paid | ¥-13.1 billion | Consolidated |
| Depreciation | ¥59.0 billion | Consolidated |
| Impairment loss | ¥19.1 billion | Consolidated |
| Purchase of intangible assets | ¥-1.9 billion | Consolidated |
| Decrease/increase in short-term loans payable | ¥-9.5 billion | Consolidated |
| Net decrease increase in short term loans receivable | ¥-2.2 billion | Consolidated |
| Redemption of bonds | ¥-55.00 million | Consolidated |
| Proceeds from issuance of bonds | ¥30.1 billion | Consolidated |
| Regarding purchase of treasury stock | ¥-1.00 million | Consolidated |
| Proceeds from sales of treasury stock | ¥0.2 billion | Consolidated |
| Proceeds from compensation | ¥10.5 billion | Consolidated |
| Proceeds from subsidy-InvCF | ¥6.9 billion | Consolidated |
| Increase (decrease) in net defined benefit liability | ¥-0.1 billion | Consolidated |
| Dividends | ¥-8.7 billion | Consolidated |
| Proceeds from long term loans payable | ¥55.8 billion | Consolidated |
| Repayment of long term loans payable | ¥-50.5 billion | Consolidated |
| Payments of long-term loans receivable | ¥-0.1 billion | Consolidated |
| Collection of long-term loans receivable | ¥91.00 million | Consolidated |
| Purchase of shares of subsidiaries and associates | ¥-4.1 billion | Consolidated |
Basic indicators
| Item | Value | Consolidated / Non-consolidated | Source |
|---|---|---|---|
| Net cash provided by (used in) operating activities | ¥78.2 billion | Consolidated | Disclosed |
| Dividend per share | 40 | Parent only | Disclosed |
| Number of employees | 25,573 | Consolidated | Disclosed |
| Net assets | ¥528.6 billion | Consolidated | Disclosed |
| Net sales | ¥1,008.3 billion | Consolidated | Disclosed |
| Operating income | ¥37.1 billion | Consolidated | Disclosed |
| Ordinary income | ¥37.4 billion | Consolidated | Disclosed |
| Net income | ¥21.0 billion | Consolidated | Disclosed |
| Total assets | ¥1,313.1 billion | Consolidated | Disclosed |
| Operating margin | 3.7% | Consolidated | Calculated |
| Net margin | 2.1% | Consolidated | Calculated |
| Sales per employee | 39429750 yen | Consolidated | Calculated |
| Total asset turnover | 0.77 times | Consolidated | Calculated |
| Net assets to total assets | 40.3% | Consolidated | Calculated |