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Showa

Showa Holdings Co.,Ltd.

Company highlights

The largest segment by revenue is Food business, at 56.0% of the total.

Key figures

Period Apr 2025 to Mar 2026ConsolidatedJapanese GAAP

RevenueDisclosed ¥8.6B
Operating marginCalculated -2.6%
Net assets to total assetsCalculated 42.0%

Company profile

Securities code 5103 / EDINET code E01088 / Rubber Products / Fiscal year end March 31

柏市十余二３４８番地／Capital stock ¥5,651 million
Address, capital stock, fiscal year end and industry: the FSA’s EDINET code list.

Company details
此下竜矢 Representative
14 Consolidated subsidiaries

Tables scroll sideways

Disclosed data

Source: Annual Securities Report (Apr 2025 to Mar 2026) · filed 2026-06-24

Profitability ★☆☆☆☆position among all companies -2.6%
Growth (revenue, 4-year average) ★☆☆☆☆position among all companies -3.3%
Capital efficiency ★☆☆☆☆position among all companies -42.2%

Business activities and revenue composition

Showa

Revenue and profit by business segment

Period Apr 2025 to Mar 2026Source Annual securities reportsConsolidated・Disclosed

Food busine…Food business Sales 56.0% 56% RubberRubber Sales 20.2% 20% SportsSports Sales 14.3% 14% ContentContent Sales 9.6% 10%
BusinessNet sales to external customers Operating income
This yearShareLast year This yearMarginLast year
Food business ¥4.8 billion 56.0% ¥4.4 billion ¥0.2 billion 5.1% ¥0.2 billion
Rubber ¥1.7 billion 20.2% ¥2.2 billion ¥44.79 million 2.6% ¥0.1 billion
Sports ¥1.2 billion 14.3% ¥1.2 billion ¥-56.12 million -4.6% ¥-30.47 million
Content ¥0.8 billion 9.6% ¥0.8 billion ¥0.2 billion 22.3% ¥0.2 billion
Total of the businesses ¥8.5 billion100.0%

Revenue and profit

Showa

Period Apr 2025 to Mar 2026Source Annual securities reports

Net sales and operating revenue ¥8.6B　100% Cost of sales ¥6.3B　74% Selling, general and administrative expenses ¥2.5B　29% Operating income ¥-0.2B　3%
Amounts by account
GroupAccountAmountConsolidated / Non-consolidated
Selling, general and administrative expenses Salaries ¥0.5 billion Consolidated
Advertising expenses ¥80.86 million Consolidated
Miscellaneous expenses ¥55.91 million Parent only
Amortization of goodwill ¥50.11 million Consolidated
Research and development expenses ¥32.45 million Consolidated
Directors' compensations ¥27.40 million Parent only
Retirement benefit expenses ¥14.37 million Consolidated
Depreciation ¥8.13 million Consolidated
Taxes and dues ¥7.24 million Parent only
Provision of allowance for doubtful accounts ¥6.22 million Consolidated
Legal welfare expenses ¥5.63 million Parent only
Provision for bonuses ¥5.24 million Consolidated
Profit by stage Gross profit (loss) ¥2.2 billion Consolidated
Ordinary income ¥-0.9 billion Consolidated
Net income ¥-0.6 billion Consolidated
Operating income ¥-0.2 billion Consolidated

Showa

Selling, general and administrative expenses

Period Apr 2025 to Mar 2026Source Annual securities reports

Salaries ¥0.5 billion (19.6%)20%Advertising expenses ¥0.1 billion (3.3%)Miscellaneous expenses ¥0.1 billion (2.3%)Amortization of goodwill ¥0.1 billion (2.0%)Research and development expenses ¥0.0 billion (1.3%)Directors' compensations ¥0.0 billion (1.1%)Other (not itemized) ¥1.7 billion (70.4%)70%¥2.5B
  • Salaries　¥0.5 billion
  • Advertising expenses　¥0.1 billion
  • Miscellaneous expenses　¥0.1 billion
  • Amortization of goodwill　¥0.1 billion
  • Research and development expenses　¥0.0 billion
  • Directors' compensations　¥0.0 billion
  • Other (not itemized)　¥1.7 billion

Performance, financial position and capital allocation

Finance
42.0% Net assets to total assets Industry median 62.7% FY ending 3/2026 · consolidated / calculated
-10.9% Return on assets (ROA)
¥14.46 Net assets per share
¥1.5 billion Free cash flow
¥5.3 billion Total assets
¥0.3 billion Goodwill (the part of the acquisition price above the net assets acquired)
Capital allocation
1.7% Increase in working capital ★★★★☆ position among all companies FY ending 3/2026 · consolidated / calculated
125.4% Property, plant and equipment purchases relative to depreciation ★★★★☆ position among all companies FY ending 3/2026 · consolidated / calculated
23.3% Investment securities to net assets ★★★★★ position among all companies FY ending 3/2026 · consolidated / calculated

Long-term changes in performance

Period 2013 to 2026Disclosed

Revenue ×1.16 from 2013 to 2026

Showa

Long-term revenue, profit and asset trends

Period 2013 to 2026Source Annual securities reportsDisclosed

Mark on the chart
15 9 2 -4 2013 2015 2017 2019 2021 2023 2025 2026 Net sales and operating revenue Ordinary income 2014　Ordinary income (loss) as a share of revenue -7.0 points 2015　Net sales year on year +23.9% 2016　Ordinary income (loss) as a share of revenue +14.9 points 2017　Ordinary income (loss) as a share of revenue +5.8 points 2018　Ordinary income (loss) as a share of revenue -56.9 points, Ordinary income (loss) profit to loss 2019　Ordinary income (loss) as a share of revenue +33.8 points, Ordinary income (loss) loss to profit 2020　Ordinary income (loss) as a share of revenue -8.0 points, Ordinary income (loss) profit to loss 2021　Ordinary income (loss) as a share of revenue +3.2 points 2022　Net sales year on year -28.4%, Ordinary income (loss) as a share of revenue -3.6 points 2023　Net sales year on year -22.5%, Ordinary income (loss) as a share of revenue +5.8 points, Ordinary income (loss) loss to profit 2024　Ordinary income (loss) as a share of revenue -9.6 points, Ordinary income (loss) profit to loss 2025　Ordinary income (loss) as a share of revenue +5.7 points 2026　Ordinary income (loss) as a share of revenue -7.0 points 9Latest value 2026 9¥ billion 15Highest in the period shown 2020 15¥ billion 7Lowest in the period shown 2013 7¥ billion ¥ billion

Showa

Recent performance trends

Source Annual securities reports

10 6 3 -1 4 years ago 3 years ago 2 years ago Last year This year Net sales and operating revenue Ordinary income ¥ billion

Year-on-year comparison

Period 2013 to 2026Disclosed

Item20222023202420252026
Net sales ¥9.8B ¥7.6B ¥8.9B ¥8.6B ¥8.6B
Year on year (%) -28.4%◆ -22.5%◆ +17.0% -2.8% -0.7%
Ordinary income (loss) -¥0.5B ¥0.1B -¥0.8B -¥0.3B -¥0.9B
Change from prior year 2.63x loss to profit◆ profit to loss◆ 0.34x 3.24x
Ordinary income (loss) as a share of Net sales -5.0% 0.8% -8.8% -3.1% -10.2%
Change (percentage points) -3.6 points◆ +5.8 points◆ -9.6 points◆ +5.7 points◆ -7.0 points◆

Fiscal periods marked for changes

Earlier fiscal periods (10)
  • 2014Ordinary income (loss) as a share of revenue -7.0 points
  • 2015Net sales year on year +23.9%
  • 2016Ordinary income (loss) as a share of revenue +14.9 points
  • 2017Ordinary income (loss) as a share of revenue +5.8 points
  • 2018Ordinary income (loss) as a share of revenue -56.9 points, Ordinary income (loss) profit to loss
  • 2019Ordinary income (loss) as a share of revenue +33.8 points, Ordinary income (loss) loss to profit
  • 2020Ordinary income (loss) as a share of revenue -8.0 points, Ordinary income (loss) profit to loss
  • 2021Ordinary income (loss) as a share of revenue +3.2 points
  • 2022Net sales year on year -28.4%, Ordinary income (loss) as a share of revenue -3.6 points
  • 2023Net sales year on year -22.5%, Ordinary income (loss) as a share of revenue +5.8 points, Ordinary income (loss) loss to profit
  • 2024Ordinary income (loss) as a share of revenue -9.6 points, Ordinary income (loss) profit to loss
  • 2025Ordinary income (loss) as a share of revenue +5.7 points
  • 2026Ordinary income (loss) as a share of revenue -7.0 points

Showa

Earnings and net assets per share over time

Unit yenSource Annual securities reports

-3 -6 -9 -12 4 years ago 3 years ago 2 years ago Last year This year Earnings per share yen 27 18 9 0 4 years ago 3 years ago 2 years ago Last year This year Net assets per share yen

Showa

Return on equity over time

Unit %Source Annual securities reports

-13 -23 -32 -42 4 years ago 3 years ago 2 years ago Last year This year Return on equity (ROE, %)
Consolidated indicators (14 items)
Item4 years ago3 years ago2 years agoLast yearThis year
Net sales ¥9.8 billion ¥7.6 billion ¥8.9 billion ¥8.6 billion ¥8.6 billion
Ordinary income (loss) ¥-0.5 billion ¥59.13 million ¥-0.8 billion ¥-0.3 billion ¥-0.9 billion
Net income (loss) attributable to owners of parent ¥-0.9 billion ¥-0.3 billion ¥-0.5 billion ¥-0.2 billion ¥-0.6 billion
Comprehensive income ¥-5.8 billion ¥-99.47 million ¥-0.8 billion ¥0.2 billion ¥-0.8 billion
Net assets ¥2.8 billion ¥2.9 billion ¥2.9 billion ¥3.1 billion ¥2.2 billion
Total assets ¥6.2 billion ¥6.8 billion ¥6.8 billion ¥6.5 billion ¥5.3 billion
Net assets per share 27.48 yen 25.87 yen 20.82 yen 21.55 yen 14.46 yen
Basic earnings (loss) per share -12.09 yen -4.47 yen -7.01 yen -2.69 yen -7.6 yen
Equity-to-asset ratio 33.7% 29.0% 23.1% 25.0% 20.8%
Return on equity -30.3% -16.7% -30.0% -12.7% -42.2%
Net cash provided by (used in) operating activities ¥0.8 billion ¥9.28 million ¥-75.08 million ¥-0.3 billion ¥-0.1 billion
Net cash provided by (used in) investing activities ¥0.4 billion ¥30.65 million ¥-0.2 billion ¥-58.24 million ¥1.6 billion
Net cash provided by (used in) financing activities ¥-1.3 billion ¥-0.1 billion ¥0.8 billion ¥-32.86 million ¥-0.1 billion
Cash and cash equivalents ¥0.3 billion ¥0.5 billion ¥1.0 billion ¥0.6 billion ¥1.8 billion
Parent only indicators (11 items)
Item4 years ago3 years ago2 years agoLast yearThis year
Net sales ¥0.4 billion ¥0.4 billion ¥0.4 billion ¥0.4 billion ¥0.4 billion
Ordinary income (loss) ¥-0.2 billion ¥-0.1 billion ¥-0.1 billion ¥-0.2 billion ¥-0.5 billion
Net income (loss) ¥-0.7 billion ¥-0.4 billion ¥-0.1 billion ¥-0.2 billion ¥-0.5 billion
Capital stock ¥5.7 billion ¥5.7 billion ¥5.7 billion ¥5.7 billion ¥5.7 billion
Total number of issued shares (common stock) 76,293,426 shares 76,293,426 shares 76,293,426 shares 76,293,426 shares 76,293,426 shares
Net assets ¥2.2 billion ¥1.8 billion ¥1.7 billion ¥1.5 billion ¥1.0 billion
Total assets ¥3.3 billion ¥3.3 billion ¥3.3 billion ¥3.3 billion ¥3.3 billion
Net assets per share 28.52 yen 23.14 yen 21.81 yen 19.73 yen 12.98 yen
Basic earnings (loss) per share -9.54 yen -5.41 yen -1.34 yen -2.14 yen -6.78 yen
Equity-to-asset ratio 66.2% 53.5% 50.6% 45.7% 30.1%
Return on equity -28.7% -20.9% -6.0% -10.3% -41.4%

Shareholder composition

As of 2026-03-31Disclosed

Share ownership by holder category

8,342 Shareholders
59.33% Foreign holders (total) Industry median 16.81%
31.12% Individuals and others Industry median 39.99%

Showa

Unit %Source Annual securities reports

  • Financial institutions0.09%
  • Securities firms1.34%
  • Other corporations8.12%
  • Foreign holders (institutions)58.99%
  • Foreign holders (individuals)0.34%
  • Individuals and others31.12%
  • Government and municipalities0.00%

Major shareholders

RankShareholderShareholding ratioShares held
1 SIX SIS LTD．（常任代理人 株式会社三菱UFJ銀行） 58.44% 44,324,000
2 明日香野ホールディングス株式会社 5.06% 3,840,000
3 株式会社ニューエラストマー 2.64% 2,000,000
4 石 川 良 一 1.98% 1,500,000
5 山 田 祥 美 1.32% 1,000,000
6 前 田 喜 美 子 1.16% 880,000
7 原 戸 伸 彦 0.93% 707,000
8 村 山 信 也 0.9% 684,000
9 此 下 竜 矢 0.64% 485,000
10 株式会社ＳＢＩ証券 0.49% 372,000

Research and development expenses and capital expenditure

Source: R&D and capital expenditure sections, annual securities reports · 6 years (2016 to 2026)Disclosed

¥32.45 million Research and development 0.4% of revenue (industry median 2.1%)
¥76.08 million Capital expenditure 0.9% of revenue (industry median 5.2%)
Fiscal year Research and development Capital expenditure
FY ending 3/2026 ¥32.45 million ¥76.08 million
FY ending 3/2025 ¥26.50 million Could not be retrieved
FY ending 3/2021 ¥28.02 million ¥0.2 billion
FY ending 3/2020 ¥32.69 million Could not be retrieved
FY ending 3/2017 ¥35.42 million Could not be retrieved
FY ending 3/2016 ¥45.59 million Could not be retrieved

Research and development expenses and capital expenditure by segment (FY ending 3/2026)

Segment Research and development
Food business ¥2.27 million
Rubber ¥24.30 million
Sports ¥5.88 million

Revenue scale in the same industry

Showa

Source Annual securities reports of each company

Rubber Products: 19 companies · revenue · largest first・each company’s latest fiscal year・Consolidated・Disclosed

Workforce information

Source: Annual Securities Report (Apr 2025 to Mar 2026)Parent-onlyDisclosed

1 Employees (parent only) Industry median 1,104
57.0 Average age Industry median 42.0
9.0 years Average length of service Industry median 15.9 years
¥14.00 million Average annual salary Industry median ¥6.77 million
People and organisation
27.5¥ million Sales per employee Industry median 28.7¥ million FY ending 3/2026 · consolidated / calculated
¥-0.71 million Operating income per employee
353 Average temporary staff

Administrative filings and published information

Greenhouse gas emissions

Reported to the government for fiscal 2023Disclosed

CategoryEmissions
特定事業所排出者3,513 t-CO2
Sites covered by the report1

Audit and disclosure information

Annual securities report, year ended 2026-03-31Disclosed

ItemValue
Audit firm 監査法人アリア
Audit fees (this year, total) ¥43.80 million
Non-audit fees (this year, total) Not applicable
Going concern note Stated as not applicable
Accounting standard Japanese GAAP

See the book series →

Sources and methodology

Retrieved disclosed figures

Accounts and values from the annual securities report, by section

Major management indicators (5 years) (25 items)

ItemValueConsolidated / Non-consolidated
Comprehensive income ¥-0.8 billion Consolidated
Net cash provided by (used in) operating activities ¥-0.1 billion Consolidated
Net sales ¥8.6 billion Consolidated
Net cash provided by (used in) investing activities ¥1.6 billion Consolidated
Cash and cash equivalents ¥1.8 billion Consolidated
Net assets ¥2.2 billion Consolidated
Ordinary income (loss) ¥-0.9 billion Consolidated
Total assets ¥5.3 billion Consolidated
Return on equity -42.2% Consolidated
Equity-to-asset ratio 20.8% Consolidated
Net income (loss) attributable to owners of parent ¥-0.6 billion Consolidated
Net cash provided by (used in) financing activities ¥-0.1 billion Consolidated
Basic earnings (loss) per share -7.6 yen Consolidated
Net assets per share 14.46 yen Consolidated
Net sales ¥0.4 billion Parent only
Net income (loss) ¥-0.5 billion Parent only
Total number of issued shares (common stock) 76,293,426 shares Parent only
Net assets ¥1.0 billion Parent only
Ordinary income (loss) ¥-0.5 billion Parent only
Total assets ¥3.3 billion Parent only
Return on equity -41.4% Parent only
Equity-to-asset ratio 30.1% Parent only
Capital stock ¥5.7 billion Parent only
Basic earnings (loss) per share -6.78 yen Parent only
Net assets per share 12.98 yen Parent only

Employees (8 items)

ItemValueConsolidated / Non-consolidated
Number of employees 311 people Consolidated
Number of employees 311 people Consolidated
Average length of service (years) 9 years Parent only
Average annual salary ¥14.00 million Parent only
Average age (years) 57 years old Parent only
Number of employees 1 people Parent only
Number of employees 1 people Parent only
Number of employees 1 people Parent only

Other disclosed items (11 items)

ItemValueConsolidated / Non-consolidated
Goodwill before offsetting ¥0.3 billion Consolidated
Trade notes receivable transferred by endorsement ¥0.74 million Consolidated
Net sales to external customers ¥8.6 billion Consolidated
Average number of temporary employees 353 people Consolidated
Average number of temporary employees 353 people Consolidated
Number of associates accounted for using equity method 8 companies Consolidated
Increase in property plant and equipment and intangible assets ¥97.53 million Consolidated
Depreciation ¥48.12 million Consolidated
Number of consolidated subsidiaries 14 companies Consolidated
Average number of temporary employees 0 people Parent only
Total return on the share price index 21.4% Parent only

Shares (14 items)

ItemValueConsolidated / Non-consolidated
Number of shares held 55,794,000 shares Consolidated
Total number of shares held treasury shares etc 446,000 shares 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 1 issues Consolidated
Total acquisition cost for increased shares shares other than those not listed investment shares held for purposes other than pure investment reporting company ¥0.51 million Consolidated
Number of shares 76,293,426 shares Consolidated
Shareholding ratio treasury shares etc 0.6% Consolidated
Shareholding ratio 73.6% Consolidated
Number of shares held in own name treasury shares etc 446,000 shares Consolidated
Number of voting rights 758,168 units Consolidated
Carrying amount on the balance sheet ¥6.10 million Consolidated
Carrying amount on the balance sheet ¥31.56 million Consolidated
Number of issues 4 issues Consolidated
Number of issues 3 issues Consolidated
Total shareholder return 72.4% Parent only

Research and development (2 items)

ItemValueConsolidated / Non-consolidated
Research and development expenses included in general and administrative expenses and manufacturing cost for current period ¥32.45 million Consolidated
Research and development expenses ¥32.45 million Consolidated

Property and facilities (1 items)

ItemValueConsolidated / Non-consolidated
Capital expenditures ¥76.08 million Consolidated

Audit (3 items)

ItemValueConsolidated / Non-consolidated
Fees for audit and attestation services - reporting company ¥25.00 million Consolidated
Fees for audit and attestation services - total ¥43.80 million Consolidated
Fees for audit and attestation services - consolidated subsidiaries ¥18.80 million Consolidated

Accounts unique to this company (12 items)

ItemValueConsolidated / Non-consolidated
Revenue ¥3.12 million Consolidated
Revenue ¥0.78 million Consolidated
Revenue ¥11.11 million Consolidated
Revenue ¥13.83 million Consolidated
Revenue ¥0.24 million Consolidated
Revenue ¥13.06 million Consolidated
Revenue ¥-11.11 million Consolidated
Revenue ¥0.6 billion Consolidated
Change in average annual salary from the previous year 0.0% Parent only
Revenue ¥12.08 million Parent only
Revenue ¥4.80 million Parent only
Revenue ¥12.86 million Parent only

Balance sheet (131 items)

ItemValueConsolidated / Non-consolidated
Other ¥76.24 million Consolidated
Other ¥76.53 million Consolidated
Other ¥0.1 billion Consolidated
Other ¥84.27 million Consolidated
Other ¥5.91 million Consolidated
Valuation difference on available-for-sale securities ¥27.22 million Consolidated
Goodwill ¥0.3 billion Consolidated
Lease assets ¥36.23 million Consolidated
Lease assets, net ¥6.43 million Consolidated
Work in process ¥0.2 billion Consolidated
Retained earnings ¥-6.9 billion Consolidated
Raw materials and supplies ¥0.1 billion Consolidated
Notes and accounts receivable trade ¥1.4 billion Consolidated
Merchandise and finished goods ¥0.3 billion Consolidated
Non-current liabilities ¥1.2 billion Consolidated
Non-current assets ¥1.3 billion Consolidated
Land ¥4.96 million Consolidated
Tools, furniture and fixtures ¥0.5 billion Consolidated
Tools, furniture and fixtures ¥7.98 million Consolidated
Guarantee deposits ¥0.2 billion Consolidated
Buildings and structures ¥1.0 billion Consolidated
Buildings and structures, net ¥76.65 million Consolidated
Construction in progress ¥0 Consolidated
Investments and other assets ¥0.8 billion Consolidated
Investment securities ¥0.5 billion Consolidated
Notes and accounts payable - trade ¥0.5 billion Consolidated
Subscription rights to shares ¥0.1 billion Consolidated
Property, plant and equipment ¥0.2 billion Consolidated
Accounts receivable - other ¥92.94 million Consolidated
Income taxes payable ¥38.88 million Consolidated
Accrued consumption taxes ¥70.30 million Consolidated
Accrued expenses ¥0.5 billion Consolidated
Shareholders' equity ¥1.6 billion Consolidated
Machinery, equipment and vehicles ¥2.8 billion Consolidated
Machinery, equipment and vehicles, net ¥0.1 billion Consolidated
Current liabilities ¥1.9 billion Consolidated
Current assets ¥3.9 billion Consolidated
Accumulated depreciation ¥-29.80 million Consolidated
Accumulated depreciation ¥-0.5 billion Consolidated
Accumulated depreciation ¥-1.0 billion Consolidated
Accumulated depreciation ¥-2.6 billion Consolidated
Foreign currency translation adjustment ¥-0.5 billion Consolidated
Intangible assets ¥0.3 billion Consolidated
Cash and cash equivalents ¥1.8 billion Consolidated
Cash and deposits ¥1.8 billion Consolidated
Short-term loans payable ¥0.6 billion Consolidated
Short-term loans receivable with resale agreement ¥0.5 billion Consolidated
Claims provable in bankruptcy claims provable in rehabilitation and other ¥10.20 million Consolidated
Net assets ¥2.2 billion Consolidated
Net assets ¥2.2 billion Consolidated
Total assets ¥5.3 billion Consolidated
Total assets ¥5.3 billion Consolidated
Deferred tax liabilities ¥34.99 million Consolidated
Deferred tax assets ¥6.83 million Consolidated
Treasury stock ¥-23.72 million Consolidated
Valuation and translation adjustments ¥-0.5 billion Consolidated
Liabilities ¥3.1 billion Consolidated
Liabilities and net assets ¥5.3 billion Consolidated
Allowance for doubtful accounts ¥-0.3 billion Consolidated
Allowance for doubtful accounts ¥-0.6 billion Consolidated
Capital surplus ¥2.8 billion Consolidated
Capital stock ¥5.7 billion Consolidated
Asset retirement obligations ¥0.9 billion Consolidated
Provision for bonuses ¥53.84 million Consolidated
Net defined benefit liability ¥0.2 billion Consolidated
Long-term loans payable ¥5.09 million Consolidated
Long-term accounts receivable-other ¥0.2 billion Consolidated
Long-term loans receivable ¥59.32 million Consolidated
Non-controlling interests ¥1.0 billion Consolidated
Other ¥9.44 million Parent only
Other ¥0.40 million Parent only
Other ¥0.77 million Parent only
Other ¥1.35 million Parent only
Valuation difference on available-for-sale securities ¥14.97 million Parent only
Other capital surplus ¥0.9 billion Parent only
Provision for loss on guarantees ¥66.21 million Parent only
Retained earnings ¥-7.3 billion Parent only
Prepaid expenses ¥16.87 million Parent only
Non-current liabilities ¥1.0 billion Parent only
Non-current assets ¥3.2 billion Parent only
Land ¥4.00 million Parent only
Tools, furniture and fixtures ¥22.20 million Parent only
Tools, furniture and fixtures ¥0.10 million Parent only
Guarantee deposits ¥0.1 billion Parent only
Buildings ¥0.7 billion Parent only
Buildings, net ¥35.36 million Parent only
Investments and other assets ¥3.1 billion Parent only
Investment securities ¥37.66 million Parent only
Notes payable trade ¥0.21 million Parent only
Subscription rights to shares ¥45.46 million Parent only
Property, plant and equipment ¥41.35 million Parent only
Accounts receivable - other ¥1.4 billion Parent only
Income taxes payable ¥2.81 million Parent only
Accrued consumption taxes ¥8.41 million Parent only
Accrued expenses ¥99.45 million Parent only
Shareholders' equity ¥1.0 billion Parent only
Structures ¥0.1 billion Parent only
Structures, net ¥0 Parent only
Machinery and equipment ¥0.2 billion Parent only
Machinery and equipment, net ¥1.89 million Parent only
Current liabilities ¥1.3 billion Parent only
Current assets ¥0.1 billion Parent only
Accumulated depreciation ¥-22.10 million Parent only
Accumulated depreciation ¥-0.6 billion Parent only
Accumulated depreciation ¥-0.1 billion Parent only
Accumulated depreciation ¥-0.2 billion Parent only
Intangible assets ¥1.35 million Parent only
Cash and deposits ¥12.43 million Parent only
Short-term loans payable ¥1.1 billion Parent only
Short-term loans receivable with resale agreement ¥0.82 million Parent only
Claims provable in bankruptcy claims provable in rehabilitation and other ¥0.20 million Parent only
Net assets ¥1.0 billion Parent only
Net assets ¥1.0 billion Parent only
Total assets ¥3.3 billion Parent only
Deferred tax liabilities ¥6.84 million Parent only
Retained earnings brought forward ¥-7.3 billion Parent only
Treasury stock ¥-23.72 million Parent only
Valuation and translation adjustments ¥14.97 million Parent only
Liabilities ¥2.2 billion Parent only
Liabilities and net assets ¥3.3 billion Parent only
Accounts payable - trade ¥0.02 million Parent only
Allowance for doubtful accounts ¥-1.1 billion Parent only
Allowance for doubtful accounts ¥-1.6 billion Parent only
Capital surplus ¥2.6 billion Parent only
Legal capital surplus ¥1.7 billion Parent only
Capital stock ¥5.7 billion Parent only
Asset retirement obligations ¥0.9 billion Parent only
Shares of subsidiaries and associates ¥2.5 billion Parent only
Loans receivable to subsidiaries and affiliates ¥0.3 billion Parent only
Long-term loans receivable from subsidiaries and affiliates ¥1.5 billion Parent only
Deposits received ¥47.49 million Parent only

Statement of income (88 items)

ItemValueConsolidated / Non-consolidated
Other ¥33.48 million Consolidated
Other ¥7.69 million Consolidated
Other comprehensive income ¥72.28 million Consolidated
Valuation difference on available for sale securities net of tax ¥-8.22 million Consolidated
Amortization of goodwill ¥50.11 million Consolidated
Comprehensive income ¥-0.8 billion Consolidated
Interest income ¥23.98 million Consolidated
Rent income ¥20.10 million Consolidated
Dividend income ¥2.90 million Consolidated
Operating income ¥-0.2 billion Consolidated
Operating income ¥-0.2 billion Consolidated
Non-operating income ¥0.3 billion Consolidated
Non-operating expenses ¥0.9 billion Consolidated
Net cash provided by (used in) operating activities ¥-0.1 billion Consolidated
Cost of sales ¥6.3 billion Consolidated
Gross profit (loss) ¥2.2 billion Consolidated
Net sales ¥8.6 billion Consolidated
Net sales ¥8.6 billion Consolidated
Advertising expenses ¥80.86 million Consolidated
Net income ¥-0.6 billion Consolidated
Net income ¥-0.6 billion Consolidated
Net income (loss) ¥-0.8 billion Consolidated
Net income (loss) ¥-0.8 billion Consolidated
Net cash provided by (used in) investing activities ¥1.6 billion Consolidated
Share of loss of investments accounted for using equity method ¥0.8 billion Consolidated
Share of other comprehensive income of investments accounted for using equity method ¥55.39 million Consolidated
Interest expenses ¥19.39 million Consolidated
Stock issuance cost ¥1.18 million Consolidated
Income taxes - current ¥35.43 million Consolidated
Income taxes ¥30.04 million Consolidated
Income taxes - deferred ¥-5.39 million Consolidated
Depreciation ¥8.13 million Consolidated
Impairment loss ¥33.02 million Consolidated
Impairment loss ¥33.02 million Consolidated
Foreign exchange gains ¥0.2 billion Consolidated
Foreign currency translation adjustment net of tax ¥25.11 million Consolidated
Extraordinary income ¥0.1 billion Consolidated
Extraordinary loss ¥44.13 million Consolidated
Effect of exchange rate change on cash and cash equivalents ¥-0.13 million Consolidated
Net increase (decrease) in cash and cash equivalents ¥1.4 billion Consolidated
Research and development expenses ¥32.45 million Consolidated
Income (loss) before income taxes ¥-0.8 billion Consolidated
Income (loss) before income taxes ¥-0.8 billion Consolidated
Ordinary income ¥-0.9 billion Consolidated
Salaries ¥0.5 billion Consolidated
Purchase of treasury stock ¥-5,000 Consolidated
Comprehensive income attributable to owners of parent ¥-0.5 billion Consolidated
Litigation expenses ¥27.73 million Consolidated
Net cash provided by (used in) financing activities ¥-0.1 billion Consolidated
Selling, general and administrative expenses ¥2.5 billion Consolidated
Provision of allowance for doubtful accounts ¥68.93 million Consolidated
Provision of allowance for doubtful accounts ¥6.22 million Consolidated
Provision for bonuses ¥5.24 million Consolidated
Retirement benefit expenses ¥14.37 million Consolidated
Decrease in cash and cash equivalents resulting from exclusion of subsidiaries from consolidation ¥-0.2 billion Consolidated
Gain on sales of shares of subsidiaries and associates ¥0.1 billion Consolidated
Loss on valuation of shares of subsidiaries and associates ¥11.11 million Consolidated
Comprehensive income attributable to non-controlling interests ¥-0.2 billion Consolidated
Net income (loss) attributable to non-controlling interests ¥-0.3 billion Consolidated
Other ¥4.32 million Parent only
Other ¥0.49 million Parent only
Interest income ¥33.64 million Parent only
Dividend income ¥2.61 million Parent only
Operating income ¥-22.39 million Parent only
Non-operating income ¥71.84 million Parent only
Non-operating expenses ¥0.6 billion Parent only
Cost of sales ¥0.2 billion Parent only
Gross profit (loss) ¥0.2 billion Parent only
Net sales ¥0.4 billion Parent only
Net income (loss) ¥-0.5 billion Parent only
Net income (loss) ¥-0.5 billion Parent only
Directors' compensations ¥27.40 million Parent only
Interest expenses ¥27.47 million Parent only
Income taxes - current ¥1.21 million Parent only
Income taxes ¥1.21 million Parent only
Legal welfare expenses ¥5.63 million Parent only
Foreign exchange gains ¥14.39 million Parent only
Extraordinary loss ¥11.11 million Parent only
Taxes and dues ¥7.24 million Parent only
Income (loss) before income taxes ¥-0.5 billion Parent only
Ordinary income ¥-0.5 billion Parent only
Salaries ¥49.82 million Parent only
Purchase of treasury stock ¥-5,000 Parent only
Litigation expenses ¥27.73 million Parent only
Selling, general and administrative expenses ¥0.2 billion Parent only
Provision of allowance for doubtful accounts ¥0.5 billion Parent only
Loss on valuation of shares of subsidiaries and associates ¥11.11 million Parent only
Miscellaneous expenses ¥55.91 million Parent only

Statement of changes in equity (4 items)

ItemValueConsolidated / Non-consolidated
Total changes during the period ¥-0.9 billion Consolidated
Net changes in items other than shareholders' equity ¥-0.3 billion Consolidated
Total changes during the period ¥-0.5 billion Parent only
Net changes in items other than shareholders' equity ¥2.50 million Parent only

Statement of cash flows (32 items)

ItemValueConsolidated / Non-consolidated
Other ¥37.44 million Consolidated
Other ¥-6.14 million Consolidated
Amortization of goodwill ¥50.11 million Consolidated
Repayments of finance lease obligations ¥-1.80 million Consolidated
Increase decrease in notes and accounts payable trade ¥9.99 million Consolidated
Interest expenses paid ¥-18.51 million Consolidated
Interest and dividends income received ¥19.35 million Consolidated
Interest and dividend income ¥-26.88 million Consolidated
Decrease increase in notes and accounts receivable trade ¥-89.05 million Consolidated
Subtotal ¥-66.10 million Consolidated
Purchase of investment securities ¥-1.11 million Consolidated
Equity in earnings losses of affiliates ¥0.8 billion Consolidated
Interest expenses ¥19.39 million Consolidated
Purchase of property plant and equipment ¥-60.33 million Consolidated
Proceeds from sales of property plant and equipment ¥0.35 million Consolidated
Decrease in consumption taxes payable ¥4.38 million Consolidated
Stock issuance cost ¥1.18 million Consolidated
Decrease (increase) in inventories ¥-59.26 million Consolidated
Loss on valuation of inventories ¥4.78 million Consolidated
Income taxes paid ¥-35.70 million Consolidated
Depreciation ¥48.12 million Consolidated
Impairment loss ¥33.02 million Consolidated
Foreign exchange loss (gain) ¥-45.30 million Consolidated
Purchase of intangible assets ¥-3.12 million Consolidated
Decrease/increase in short-term loans payable ¥-80.90 million Consolidated
Regarding purchase of treasury stock ¥-5,000 Consolidated
Increase (decrease) in allowance for doubtful accounts ¥86.69 million Consolidated
Increase (decrease) in provision for bonuses ¥-6.57 million Consolidated
Increase (decrease) in net defined benefit liability ¥-5.49 million Consolidated
Repayment of long term loans payable ¥-10.00 million Consolidated
Proceeds from sales of shares of subsidiaries and affiliates ¥1.6 billion Consolidated
Loss (gain) on sale of shares of subsidiaries and associates ¥-0.1 billion Consolidated
Basic indicators
ItemValueConsolidated / Non-consolidatedSource
Net cash provided by (used in) operating activities ¥-0.1 billion ConsolidatedDisclosed
Number of employees 311 ConsolidatedDisclosed
Net assets ¥2.2 billion ConsolidatedDisclosed
Net sales ¥8.6 billion ConsolidatedDisclosed
Operating income ¥-0.2 billion ConsolidatedDisclosed
Ordinary income ¥-0.9 billion ConsolidatedDisclosed
Net income ¥-0.6 billion ConsolidatedDisclosed
Total assets ¥5.3 billion ConsolidatedDisclosed
Operating margin -2.6%ConsolidatedCalculated
Net margin -6.7%ConsolidatedCalculated
Sales per employee 27520495 yenConsolidatedCalculated
Total asset turnover 1.62 timesConsolidatedCalculated
Net assets to total assets 42.0%ConsolidatedCalculated
How to read the figures, and caveats

Terms

  • Consolidated: the parent company together with the subsidiaries it consolidates
  • Parent-only: the single company that filed the annual securities report
  • Calculated: a disclosed figure put through the formula shown
  • Not disclosed: no such value in the filing (not treated as zero)
  • Not retrieved: a value this page could not extract, including values in the filing that could not be matched. The same item may appear in another table
  • Segment: a business division the company uses in its disclosures
  • Industry median: the middle value among companies in the same industry that disclose the item
  • ★: position when every company is lined up by value (not a judgement of the company)See the formulas
  • Source: document name, period covered, filing date and where it was obtained
  • Tables scroll sideways

Key figures

  • Operating margin -2.6%　Operating income ÷ net sales 　＝ ¥-0.2 billion ÷ ¥8.6 billion
    Operating income ÷ net sales. The denominator is Net sales (Consolidated, Japanese GAAP).
  • Net margin -6.7%　Net income ÷ net sales 　＝ ¥-0.6 billion ÷ ¥8.6 billion
    Net income ÷ net sales. The denominator is Net sales (Consolidated, Japanese GAAP).
  • Sales per employee 27,520,495 yen　Sales or operating revenue ÷ employees 　＝ ¥8.6 billion ÷ 311 people
    Sales or operating revenue ÷ employees. The denominator is Number of employees (Consolidated, Japanese GAAP).
  • Total asset turnover 1.62 times　Sales or operating revenue ÷ total assets 　＝ ¥8.6 billion ÷ ¥5.3 billion
    Sales or operating revenue ÷ total assets. The denominator is Total assets (Consolidated, Japanese GAAP).
  • Net assets to total assets 42%　Net assets ÷ total assets 　＝ ¥2.2 billion ÷ ¥5.3 billion
    Net assets ÷ total assets. The denominator is Total assets (Consolidated, Japanese GAAP).

Company details

  • Representative　代表取締役社長兼最高経営責任者, gBizINFO
  • Consolidated subsidiaries　Annual Securities Report

Revenue and profit by business segment

  • Source: segment information, Annual Securities Report (Apr 2025 to Mar 2026) · Consolidated · Net sales to external customers · filed 2026-06-24
  • Share: against the total of Net sales to external customers disclosed by business (100%). Adjustments, corporate, eliminations and “other” left out as they are not businesses (so no match with company-wide Net sales to external customers). Margin: calculated against the Net sales to external customers on the same row“報告セグメント計” in the segment information of the annual securities report: ¥8.5 billion. Gap against this table’s total (the part not listed as a business, such as “other”) within 1%The account may differ from “Revenue” at the top of this pageProfit share: not shown (one or more loss-making businesses)

Amounts by account

  • Totals and their component lines together; consolidated and parent-only figures mixed (right-hand column)

Selling, general and administrative expenses

  • Breakdown of selling, general and administrative expenses (costs of selling and running the company). Cost of sales not included
  • Each item: already inside the SG&A total (not added to it)

Finance

  • Net assets to total assets　Net assets ÷ total assets
  • Return on assets (ROA)　Net income ÷ total assets (consolidated)
  • Net assets per share　Consolidated
  • Free cash flow　Free cash flow: operating cash flow (cash generated by the business) plus investing cash flow (asset purchases, disposals and other investments), consolidated
  • Total assets　Consolidated
  • Goodwill (the part of the acquisition price above the net assets acquired)　14% of net assets (consolidated)

Capital allocation

  • ★: position when all companies are sorted by value and cut into fifths (a position, not a rating). The five items with ★: only where both numerator and denominator are available on a consolidated basisSee the formulas
  • Increase in working capital　(increase in trade receivables + increase in inventories) ÷ net sales (or operating revenue)。Trade receivables up ¥89.05 million + inventories up ¥59.26 million, over net sales ¥8.6 billion
  • Property, plant and equipment purchases relative to depreciation　Purchase of property, plant and equipment ÷ depreciation。Purchase of property, plant and equipment ¥60.33 million, over depreciation ¥48.12 million
  • Investment securities to net assets　Investment securities ÷ net assets。Investment securities ¥0.5 billion, over net assets ¥2.2 billion

Long-term changes in performance

  • Revenue　Disclosed value for 2026 ÷ disclosed value for 2013

Year-on-year comparison

  • Year on year: calculated only where the item, reporting range and accounting standard match and the periods are consecutive
  • Comparison basis not confirmed: periods with a change of accounting standard or reporting range, a moved fiscal year end, or an unconfirmed period
  • ◆: a period where revenue moved 20% or more from the prior year, profit as a share of revenue moved 2.0 percentage points or more, or profit or loss changed sign. Item used named in the table and list. Not a ranking of companies

Earnings and net assets per share over time

  • Earnings per share = net profit ÷ shares; net assets per share = net assets ÷ shares. Disclosed values from the key financial indicators of the annual securities report. No share prices used

Return on equity over time

  • Return on equity (ROE): net profit as a proportion of equity. For Japanese companies, the disclosed value in the key financial indicators of the annual securities report (decimals converted to percentages)

Share ownership by holder category

  • Source: ownership table, annual securities report. Percentages as disclosed, calculated on trading units (some companies do not total exactly 100%). Foreign holders (total): institutions and individuals combined. “Individuals and others”: a register category (not necessarily the share actually held by individuals). Industry median: the middle value among companies in Rubber Products that disclose the item (industries with at least 5 companies only).

Major shareholders

  • Source: major shareholders table, annual securities report. Trust bank holdings as written (whose trust is not disclosed)

Research and development expenses and capital expenditure

  • Research and development: total in the R&D section of the annual securities report. Capital expenditure: this year’s actual spending in the capital expenditure overview (not a plan). Years: only those available in the annual securities reports on hand (one to four per company); no row for other years. Share of revenue: divided by consolidated revenue in the same annual securities report. Industry median: the middle value among companies in Rubber Products that disclose the item (industries with at least 5 companies only). Segment names and order: the same as the segment table above. Group-wide research and adjustments mean segment figures may not add up to the company-wide amount.

Revenue scale in the same industry

  • Revenue (disclosed values) of companies in the same industry, using the same grouping as the industry pages. Only the top three and the two companies either side of this one. Bar length relative to the largest company (100). An order of size, not a ranking of quality

Workforce information

  • All four: the reporting company (parent-only), as disclosed in the employee section of the annual securities report. Employees across the consolidated group: 311 (a different scope, kept apart from the four above). Industry median: the middle value among companies in Rubber Products that disclose the item (industries with at least 5 companies only).

People and organisation

  • Sales per employee　Net sales (or operating revenue) ÷ employees
  • Operating income per employee　Operating income ÷ employees
  • Average temporary staff　Consolidated, average headcount other than regular employees

Greenhouse gas emissions

  • Source: processed from the Ministry of the Environment’s greenhouse gas calculation, reporting and disclosure system (EEGS). Companies required to report only Ministry of the Environment (EEGS)

Audit and disclosure information

  • Whether there is a going concern note (the accounting assumption that a company will continue operating), and audit information
  • Audit firm, audit fees, going concern note and accounting standard: facts written in the latest annual securities report and the audit report filed with it (not a judgement of the company). Going concern note: “note” when the note text is present, “not applicable” when the report states nothing to report, “cannot be determined” when neither appears. Note text not reproduced. Amended filings not shown (annual securities reports only)

Data sources and calculation methods

Primary source: the annual securities report of Showa Holdings Co.,Ltd. on EDINET, the FSA’s disclosure system (free to read)
Corporate number: 3040001065779 / Accounting standard: Japanese GAAP

  • Amounts: machine transcription of EDINET XBRL (no manual re-keying). Long narrative notes are text and not in the account list. Identifiers: machine transcription of the EDINET code list (retrieved 2026-08-22)
  • ★: position of the value calculated from disclosed figures among the 4,240 companies on this site, on a five-step scale. Not a judgement of the company. No forecasts usedThe formulas and how they are counted
  • No rank: net assets as a share of total assets, cash conversion and revenue per employee (size alone does not show quality). Industry median shown for comparison. Cash conversion of 100%: operating cash flow equal to operating profit
  • Profit-and-loss chart: only where “sales − cost of sales − SG&A = operating income” holds between disclosed values. Cost breakdown: the six largest SG&A items
  • Trend charts: key financial indicators of the annual securities report. Amounts in billions of yen (dividend per share in yen). Long-run chart joins reports filed in different years (newer report for overlapping years). Some items stop part-way after a change of accounting standard. A stock split changes the weight of one share. Consolidated and parent-only in separate tables
  • Revenue scale in the same industry: bars of revenue (disclosed values) of companies in the same industry grouping as the industry pages, largest first. Only the top three and the two companies either side of this one. Each company’s latest fiscal year. An order of size, not a ranking of quality or an investment view
  • Share prices: not published (no data source allows redistribution). No share-price-based indicators (such as the price earnings ratio) and no extension of past growth into the future
  • Average age, average length of service and average annual salary: the reporting company alone (the parent). At a holding company, a small head-office staff. Payout ratio (basic facts): dividend per share ÷ consolidated earnings per share, calculated here (the payout ratio in the annual securities report is the reporting company’s figure, on a different basis). Representative and founding date: gBizINFO (Ministry of Economy, Trade and Industry), some companies only
  • “Retrieved disclosed figures”: every value readable as a number from the annual securities report. Company-wide values only (no segment or other breakdowns)
  • Segment table: machine transcription of the segment information in the annual securities report. Business names as labelled by the company in its XBRL. No table where segment sales differ from the disclosed total by more than 1%. Adjustments, corporate, eliminations and “other” left out of the table and the share denominator, as they are not businesses
  • Breakdowns of amounts, not diagrams of how the business works. Who pays whom, and for what, is not in the disclosed figures; no lines drawn from guesswork