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ESLEAD

ESLEAD CORPORATION

Company highlights

The annual dividend per share has risen for 4 consecutive years.

Key figures

Period Apr 2025 to Mar 2026ConsolidatedJapanese GAAP

RevenueDisclosed ¥116.9B
Operating marginCalculated 15.8%
Net assets to total assetsCalculated 30.4%

Company profile

Securities code 8877 / EDINET code E03977 / Real Estate / Fiscal year end March 31

大阪市福島区福島六丁目25番19号/Capital stock ¥1,983 million
Address, capital stock, fiscal year end and industry: the FSA’s EDINET code list.

Official website: https://www.eslead.co.jp/
Official website: gBizINFO (Ministry of Economy, Trade and Industry).

Company details
荒牧 杉夫 Representative
12 Consolidated subsidiaries

Tables scroll sideways

Disclosed data

Source: Annual Securities Report (Apr 2025 to Mar 2026) · filed 2026-06-23

Profitability ★★★★★position among all companies 15.8%
Growth (revenue, 4-year average) ★★★★☆position among all companies 11.9%
Capital efficiency ★★★★☆position among all companies 14.4%

Business activities and revenue composition

Revenue and profit by business segment

Reportable segments (business divisions used in reporting): one; other activities under “Other” or adjustments

Revenue and profit

ESLEAD

Period Apr 2025 to Mar 2026Source Annual securities reports

Net sales and operating revenue ¥116.9B 100% Cost of sales ¥87.5B 75% Selling, general and administrative expenses ¥10.9B 9% Operating income ¥18.5B 16%
Amounts by account
GroupAccountAmountConsolidated / Non-consolidated
Selling, general and administrative expenses Salaries and bonuses ¥3.9 billion Consolidated
Taxes and dues ¥2.6 billion Consolidated
Other ¥2.3 billion Consolidated
Commission fees ¥1.1 billion Consolidated
Advertising expenses ¥0.7 billion Consolidated
Correspondence and transportation expenses ¥0.4 billion Parent only
Legal and employee benefits expenses ¥0.3 billion Parent only
Provision for bonuses ¥0.3 billion Consolidated
Depreciation ¥0.1 billion Consolidated
Rents ¥97.00 million Parent only
Retirement benefit expenses ¥72.97 million Consolidated
Amortization of goodwill ¥35.00 million Consolidated
Provision for directors' retirement benefits ¥4.50 million Consolidated
Profit by stage Gross profit (loss) ¥29.4 billion Consolidated
Operating income ¥18.5 billion Consolidated
Ordinary income ¥16.4 billion Consolidated
Net income ¥11.2 billion Consolidated

ESLEAD

Selling, general and administrative expenses

Period Apr 2025 to Mar 2026Source Annual securities reports

Salaries and bonuses ¥3.9 billion (35.4%)35%Taxes and dues ¥2.6 billion (23.9%)24%Other ¥2.3 billion (20.7%)21%Commission fees ¥1.1 billion (9.7%)10%Advertising expenses ¥0.7 billion (6.2%)6%Correspondence and transportation expenses ¥0.4 billion (3.2%)Other (not itemized) ¥0.1 billion (0.9%)¥10.9B
  • Salaries and bonuses ¥3.9 billion
  • Taxes and dues ¥2.6 billion
  • Other ¥2.3 billion
  • Commission fees ¥1.1 billion
  • Advertising expenses ¥0.7 billion
  • Correspondence and transportation expenses ¥0.4 billion
  • Other (not itemized) ¥0.1 billion

Performance, financial position and capital allocation

Finance
30.4% Net assets to total assets Industry median 33.5% FY ending 3/2026 · consolidated / calculated
4.2% Return on assets (ROA)
¥5,285.38 Net assets per share
¥-40.6 billion Free cash flow
¥268.5 billion Total assets
¥0.1 billion Goodwill (the part of the acquisition price above the net assets acquired)
Capital allocation
-214.0% Cash conversion Industry median 36.4% FY ending 3/2026 · consolidated / calculated
45.3% Increase in working capital ★★★★★ position among all companies FY ending 3/2026 · consolidated / calculated
50.9% Property, plant and equipment purchases relative to depreciation ★★☆☆☆ position among all companies FY ending 3/2026 · consolidated / calculated
0.8% 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 ×4.08 from 2013 to 2026

ESLEAD

Long-term revenue, profit and asset trends

Period 2013 to 2026Source Annual securities reportsDisclosed

Mark on the chart
117 78 39 0 2013 2015 2017 2019 2021 2023 2025 2026 Net sales and operating revenue Ordinary income 2014 Ordinary income (loss) as a share of revenue +3.6 points 2016 Net sales year on year +21.8% 2017 Ordinary income (loss) as a share of revenue +3.9 points 2018 Net sales year on year +23.0% 2021 Ordinary income (loss) as a share of revenue -2.8 points 2024 Ordinary income (loss) as a share of revenue +2.4 points 2026 Net sales year on year +23.4% 117Latest value 2026 117¥ billion 117Highest in the period shown 2026 117¥ billion 29Lowest in the period shown 2013 29¥ billion ¥ billion

ESLEAD

Recent performance trends

Source Annual securities reports

117 78 39 0 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 ¥74.6B ¥79.9B ¥80.3B ¥94.8B ¥116.9B
Year on year (%) +8.1% +7.1% +0.5% +18.0% +23.4%◆
Ordinary income (loss) ¥8.6B ¥9.4B ¥11.3B ¥13.7B ¥16.4B
Change from prior year +22.5% +9.2% +21.1% +21.2% +19.2%
Ordinary income (loss) as a share of Net sales 11.5% 11.7% 14.1% 14.5% 14.0%
Change (percentage points) +1.3 points +0.2 points +2.4 points◆ +0.4 points -0.5 points

Fiscal periods marked for changes

Earlier fiscal periods (4)
  • 2014Ordinary income (loss) as a share of revenue +3.6 points
  • 2016Net sales year on year +21.8%
  • 2017Ordinary income (loss) as a share of revenue +3.9 points
  • 2018Net sales year on year +23.0%
  • 2021Ordinary income (loss) as a share of revenue -2.8 points
  • 2024Ordinary income (loss) as a share of revenue +2.4 points
  • 2026Net sales year on year +23.4%

ESLEAD

Earnings and net assets per share over time

Unit yenSource Annual securities reports

724 483 241 0 4 years ago 3 years ago 2 years ago Last year This year Earnings per share yen 5,285 3,524 1,762 0 4 years ago 3 years ago 2 years ago Last year This year Net assets per share yen

ESLEAD

Return on equity over time

Unit %Source Annual securities reports

14 10 5 0 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 ¥74.6 billion ¥79.9 billion ¥80.3 billion ¥94.8 billion ¥116.9 billion
Ordinary income (loss) ¥8.6 billion ¥9.4 billion ¥11.3 billion ¥13.7 billion ¥16.4 billion
Net income (loss) attributable to owners of parent ¥5.4 billion ¥6.1 billion ¥7.5 billion ¥9.3 billion ¥11.2 billion
Comprehensive income ¥5.5 billion ¥6.2 billion ¥7.6 billion ¥9.3 billion ¥11.3 billion
Net assets ¥55.7 billion ¥61.0 billion ¥66.9 billion ¥73.5 billion ¥81.5 billion
Total assets ¥114.3 billion ¥135.9 billion ¥169.0 billion ¥227.0 billion ¥268.5 billion
Net assets per share 3,609.82 yen 3,951.19 yen 4,334.08 yen 4,761.07 yen 5,285.38 yen
Basic earnings (loss) per share 351.83 yen 398.4 yen 487.27 yen 604.74 yen 724.06 yen
Equity-to-asset ratio 48.7% 44.9% 39.6% 32.4% 30.4%
Return on equity 10.2% 10.5% 11.8% 13.3% 14.4%
Net cash provided by (used in) operating activities ¥-9.4 billion ¥-12.9 billion ¥-32.2 billion ¥-35.4 billion ¥-39.5 billion
Net cash provided by (used in) investing activities ¥-1.1 billion ¥-4.8 billion ¥-0.6 billion ¥-1.0 billion ¥-1.1 billion
Net cash provided by (used in) financing activities ¥6.4 billion ¥16.7 billion ¥22.5 billion ¥51.3 billion ¥26.4 billion
Cash and cash equivalents ¥27.0 billion ¥26.0 billion ¥15.7 billion ¥30.6 billion ¥16.3 billion
Parent only indicators (14 items)
Item4 years ago3 years ago2 years agoLast yearThis year
Net sales ¥58.8 billion ¥59.3 billion ¥60.2 billion ¥67.1 billion ¥88.6 billion
Ordinary income (loss) ¥6.4 billion ¥6.8 billion ¥8.5 billion ¥9.7 billion ¥11.7 billion
Net income (loss) ¥4.2 billion ¥4.6 billion ¥5.8 billion ¥6.9 billion ¥8.5 billion
Capital stock ¥2.0 billion ¥2.0 billion ¥2.0 billion ¥2.0 billion ¥2.0 billion
Total number of issued shares (common stock) 15,465,600 shares 15,465,600 shares 15,465,600 shares 15,465,600 shares 15,465,600 shares
Net assets ¥47.9 billion ¥51.7 billion ¥55.9 billion ¥60.0 billion ¥65.4 billion
Total assets ¥98.9 billion ¥116.4 billion ¥143.8 billion ¥198.5 billion ¥240.9 billion
Net assets per share 3,107.16 yen 3,347.99 yen 3,621.62 yen 3,891.84 yen 4,239.98 yen
Dividend per share 40 yen 90 yen 150 yen 185 yen 240 yen
Interim dividend per share 20 yen 40 yen 60 yen 85 yen 105 yen
Basic earnings (loss) per share 272 yen 297.86 yen 378.02 yen 447.97 yen 547.89 yen
Equity-to-asset ratio 48.5% 44.4% 38.9% 30.3% 27.2%
Return on equity 9.1% 9.2% 10.8% 11.9% 13.5%
Payout ratio 14.7% 30.2% 39.7% 41.3% 43.8%

Dividend history

Source: reporting company’s key figures, annual securities reports · 14 years (2013 to 2026)Parent-onlyDisclosed

4 periods Consecutive increases (own definition) through FY ending 3/2026
14 periods Consecutive periods with dividends (site definition) through FY ending 3/2026
+29.7% Dividend growth (year on year)
+43.1% Dividend growth (5-year annual rate)
Fiscal yearAnnual dividend per share Of which interimPayout ratio (as reported, parent only) Flag
FY ending 3/2026 ¥240 ¥105 43.8%
FY ending 3/2025 ¥185 ¥85 41.3%
FY ending 3/2024 ¥150 ¥60 39.7%
FY ending 3/2023 ¥90 ¥40 30.2%
FY ending 3/2022 ¥40 ¥20 14.7%
FY ending 3/2021 ¥40 ¥20 19.5%
FY ending 3/2020 ¥40 ¥20 13.9%
FY ending 3/2019 ¥35 ¥17.5 14.1%
FY ending 3/2018 ¥30 ¥12.5 11.8%
FY ending 3/2017 ¥25 ¥12.5 14.1%
FY ending 3/2016 ¥25 ¥12.5 21.3%
FY ending 3/2015 ¥25 ¥12.5 21.5%
FY ending 3/2014 ¥25 ¥12.5 25.6%
FY ending 3/2013 ¥25 ¥12.5 46.1%

ESLEAD

Dividends per share over time

Unit yenSource Annual securities reports

240 160 80 0 4 years ago 3 years ago 2 years ago Last year This year Dividend per share yen

Shareholder composition

As of 2026-03-31Disclosed

Share ownership by holder category

37,945 Shareholders
2.97% Foreign holders (total) Industry median 3.47%
33.82% Individuals and others Industry median 48.70%

ESLEAD

Unit %Source Annual securities reports

  • Financial institutions6.42%
  • Securities firms2.48%
  • Other corporations54.31%
  • Foreign holders (institutions)2.88%
  • Foreign holders (individuals)0.09%
  • Individuals and others33.82%

Major shareholders

RankShareholderShareholding ratioShares held
1 森トラスト株式会社 53.72% 8,289,000
2 日本マスタートラスト信託銀行株式会社(信託口) 5.21% 803,000
3 荒牧杉夫 2.01% 309,000
4 SMBC日興証券株式会社 1.36% 209,000
5 株式会社日本カストディ銀行(信託口) 0.78% 120,000
6 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) 0.43% 67,000
7 JP MORGAN CHASE BANK 385642(常任代理人:株式会社みずほ銀行 決済営業部) 0.31% 48,000
8 DFA INTL SMALL CAP VALUE PORTFOLIO(常任代理人:シティバンク、エ ヌ・エイ東京支店) 0.29% 43,000
9 JPモルガン証券株式会社 0.28% 43,000
10 増岡英男 0.27% 42,000

Research and development expenses and capital expenditure

Source: R&D and capital expenditure sections, annual securities reports · 2 years (2021 to 2026)Disclosed

Not disclosed Research and development
¥0.4 billion Capital expenditure 0.3% of revenue (industry median 2.2%)
Fiscal year Capital expenditure
FY ending 3/2026 ¥0.4 billion
FY ending 3/2021 ¥0.8 billion

Revenue scale in the same industry

ESLEAD

Source Annual securities reports of each company

Real Estate: 147 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

248 Employees (parent only) Industry median 102
32.0 Average age Industry median 39.2
5.0 years Average length of service Industry median 6.3 years
¥8.93 million Average annual salary Industry median ¥7.07 million
People and organisation
245.6¥ million Sales per employee Industry median 122.0¥ million FY ending 3/2026 · consolidated / calculated
¥38.87 million Operating income per employee
52.5% Wage gap between men and women
3.5% Women in managerial positions
21.1% Men taking childcare leave
740 Average temporary staff

Administrative filings and published information

Workplace information filings

Filed 2026-09-30Disclosed

ItemValue
Employees 251
Share of managers who are women 1.7%

Audit and disclosure information

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

ItemValue
Audit firm 太陽有限責任監査法人
Audit fees (this year, total) ¥26.00 million
Non-audit fees (this year, total) Not applicable
Going concern note Cannot be determined
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) (28 items)

ItemValueConsolidated / Non-consolidated
Comprehensive income ¥11.3 billion Consolidated
Net cash provided by (used in) operating activities ¥-39.5 billion Consolidated
Net sales ¥116.9 billion Consolidated
Net cash provided by (used in) investing activities ¥-1.1 billion Consolidated
Cash and cash equivalents ¥16.3 billion Consolidated
Net assets ¥81.5 billion Consolidated
Ordinary income (loss) ¥16.4 billion Consolidated
Total assets ¥268.5 billion Consolidated
Return on equity 14.4% Consolidated
Equity-to-asset ratio 30.4% Consolidated
Net income (loss) attributable to owners of parent ¥11.2 billion Consolidated
Net cash provided by (used in) financing activities ¥26.4 billion Consolidated
Basic earnings (loss) per share 724.06 yen Consolidated
Net assets per share 5,285.38 yen Consolidated
Dividend per share 240 yen Parent only
Net sales ¥88.6 billion Parent only
Net income (loss) ¥8.5 billion Parent only
Total number of issued shares (common stock) 15,465,600 shares Parent only
Net assets ¥65.4 billion Parent only
Ordinary income (loss) ¥11.7 billion Parent only
Total assets ¥240.9 billion Parent only
Return on equity 13.5% Parent only
Equity-to-asset ratio 27.2% Parent only
Capital stock ¥2.0 billion Parent only
Payout ratio 43.8% Parent only
Interim dividend per share 105 yen Parent only
Basic earnings (loss) per share 547.89 yen Parent only
Net assets per share 4,239.98 yen Parent only

Employees (12 items)

ItemValueConsolidated / Non-consolidated
Number of employees 476 people Consolidated
Number of employees 476 people Consolidated
Wage gap between men and women (all employees) 52.5% Parent only
Average length of service (years) 5 years Parent only
Average length of service months 2 months Parent only
Average annual salary ¥8.93 million Parent only
Average age (years) 32 years old Parent only
Average age months 10 months Parent only
Number of employees 248 people Parent only
Number of employees 248 people Parent only
Number of employees 248 people Parent only
Wage gap between men and women (regular employees) 52.4% Parent only

Other disclosed items (12 items)

ItemValueConsolidated / Non-consolidated
Net sales to external customers ¥116.9 billion Consolidated
Average number of temporary employees 740 people Consolidated
Average number of temporary employees 740 people Consolidated
Increase in property plant and equipment and intangible assets ¥0.4 billion Consolidated
Depreciation ¥0.6 billion Consolidated
Number of consolidated subsidiaries 12 companies Consolidated
Rate of male employees taking childcare leave (all employees) 21.1% Parent only
Average number of temporary employees 14 people Parent only
Average number of temporary employees 14 people Parent only
Average number of temporary employees 14 people Parent only
Total return on the share price index 202.2% Parent only
Ratio of female employees in managerial positions 3.5% Parent only

Shares (12 items)

ItemValueConsolidated / Non-consolidated
Number of shares held 9,975,000 shares Consolidated
Total number of shares held treasury shares etc 36,200 shares Consolidated
Number of shares 15,465,600 shares Consolidated
Shareholding ratio treasury shares etc 0.2% Consolidated
Shareholding ratio 64.6% Consolidated
Number of shares held in own name treasury shares etc 36,200 shares Consolidated
Number of voting rights 153,763 units Consolidated
Carrying amount on the balance sheet ¥3.08 million Consolidated
Carrying amount on the balance sheet ¥0.4 billion Consolidated
Number of issues 3 issues Consolidated
Number of issues 6 issues Consolidated
Total shareholder return 404.9% Parent only

Property and facilities (1 items)

ItemValueConsolidated / Non-consolidated
Capital expenditures ¥0.4 billion Consolidated

Audit (2 items)

ItemValueConsolidated / Non-consolidated
Fees for audit and attestation services - reporting company ¥26.00 million Consolidated
Fees for audit and attestation services - total ¥26.00 million Consolidated

Accounts unique to this company (8 items)

ItemValueConsolidated / Non-consolidated
Revenue ¥9.11 million Consolidated
Revenue ¥0.1 billion Consolidated
Revenue ¥1.1 billion Consolidated
Revenue ¥0.2 billion Consolidated
Change in average annual salary from the previous year 2.5% Parent only
Revenue ¥0.9 billion Parent only
Revenue ¥8.95 million Parent only
Revenue ¥21.54 million Parent only

Balance sheet (133 items)

ItemValueConsolidated / Non-consolidated
Other ¥0.6 billion Consolidated
Other ¥3.5 billion Consolidated
Other ¥0.2 billion Consolidated
Other ¥2.9 billion Consolidated
Other ¥7.7 billion Consolidated
Valuation difference on available-for-sale securities ¥0.3 billion Consolidated
Other, net ¥59.02 million Consolidated
Goodwill ¥0.1 billion Consolidated
Lease obligations ¥1.0 billion Consolidated
Lease obligations ¥0.1 billion Consolidated
Lease assets ¥2.3 billion Consolidated
Lease assets, net ¥1.0 billion Consolidated
Real estate for sale in process ¥116.6 billion Consolidated
Retained earnings ¥76.5 billion Consolidated
Advances received ¥2.1 billion Consolidated
Non-current liabilities ¥134.3 billion Consolidated
Non-current assets ¥13.7 billion Consolidated
Land ¥3.4 billion Consolidated
Accounts receivable - trade ¥1.6 billion Consolidated
Accounts receivable - trade and contract assets ¥1.6 billion Consolidated
Contract assets ¥0.4 billion Consolidated
Buildings and structures ¥3.2 billion Consolidated
Buildings and structures, net ¥1.8 billion Consolidated
Construction in progress ¥31.90 million Consolidated
Provision for directors' retirement benefits ¥0.2 billion Consolidated
Investments and other assets ¥5.2 billion Consolidated
Investment securities ¥0.6 billion Consolidated
Notes and accounts payable - trade ¥1.3 billion Consolidated
Property, plant and equipment ¥8.3 billion Consolidated
Income taxes payable ¥3.4 billion Consolidated
Shareholders' equity ¥81.3 billion Consolidated
Machinery, equipment and vehicles ¥2.8 billion Consolidated
Machinery, equipment and vehicles, net ¥2.0 billion Consolidated
Current liabilities ¥52.6 billion Consolidated
Current assets ¥254.8 billion Consolidated
Accumulated depreciation ¥-0.2 billion Consolidated
Accumulated depreciation ¥-1.2 billion Consolidated
Accumulated depreciation ¥-1.5 billion Consolidated
Accumulated depreciation ¥-0.8 billion Consolidated
Intangible assets ¥0.2 billion Consolidated
Cash and cash equivalents ¥16.3 billion Consolidated
Cash and deposits ¥17.4 billion Consolidated
Short-term loans payable ¥2.7 billion Consolidated
Bonds payable ¥0.8 billion Consolidated
Net assets ¥81.5 billion Consolidated
Net assets ¥81.5 billion Consolidated
Total assets ¥268.5 billion Consolidated
Total assets ¥268.5 billion Consolidated
Deferred tax assets ¥1.1 billion Consolidated
Treasury stock ¥-66.17 million Consolidated
Valuation and translation adjustments ¥0.3 billion Consolidated
Liabilities ¥187.0 billion Consolidated
Liabilities and net assets ¥268.5 billion Consolidated
Real estate for sale ¥111.5 billion Consolidated
Capital surplus ¥2.9 billion Consolidated
Capital stock ¥2.0 billion Consolidated
Asset retirement obligations ¥23.32 million Consolidated
Provision for bonuses ¥0.3 billion Consolidated
Net defined benefit liability ¥0.2 billion Consolidated
Long-term loans payable ¥131.5 billion Consolidated
Electronically recorded obligations - operating ¥5.2 billion Consolidated
Current portion of bonds payable ¥0.6 billion Consolidated
Current portion of long-term loans payable ¥34.1 billion Consolidated
Other ¥0.6 billion Parent only
Other ¥0.1 billion Parent only
Other ¥0.5 billion Parent only
Other ¥5.4 billion Parent only
Valuation difference on available-for-sale securities ¥0.3 billion Parent only
Other capital surplus ¥0.96 million Parent only
Software ¥29.10 million Parent only
Lease obligations ¥3.97 million Parent only
Lease obligations ¥5.70 million Parent only
Lease assets ¥8.79 million Parent only
Real estate for sale in process ¥114.8 billion Parent only
General reserve ¥50.5 billion Parent only
Retained earnings ¥60.3 billion Parent only
Legal retained earnings ¥31.59 million Parent only
Advances received ¥1.1 billion Parent only
Prepaid expenses ¥0.6 billion Parent only
Non-current liabilities ¥128.0 billion Parent only
Non-current assets ¥5.6 billion Parent only
Land ¥2.3 billion Parent only
Accounts receivable - trade ¥0.4 billion Parent only
Tools, furniture and fixtures ¥0.1 billion Parent only
Tools, furniture and fixtures ¥12.15 million Parent only
Guarantee deposits ¥0.5 billion Parent only
Buildings ¥2.1 billion Parent only
Buildings, net ¥0.8 billion Parent only
Construction in progress ¥31.90 million Parent only
Provision for directors' retirement benefits ¥0.2 billion Parent only
Investments and other assets ¥2.2 billion Parent only
Investment securities ¥0.6 billion Parent only
Property, plant and equipment ¥3.3 billion Parent only
Income taxes payable ¥2.0 billion Parent only
Accounts payable - other ¥1.7 billion Parent only
Shareholders' equity ¥65.1 billion Parent only
Structures ¥0.3 billion Parent only
Structures, net ¥0.2 billion Parent only
Machinery and equipment ¥0.1 billion Parent only
Machinery and equipment, net ¥0 Parent only
Current liabilities ¥47.6 billion Parent only
Current assets ¥235.3 billion Parent only
Accumulated depreciation ¥-0.1 billion Parent only
Accumulated depreciation ¥-1.3 billion Parent only
Accumulated depreciation ¥-0.1 billion Parent only
Accumulated depreciation ¥-0.1 billion Parent only
Intangible assets ¥47.57 million Parent only
Cash and deposits ¥11.2 billion Parent only
Short-term loans payable ¥2.6 billion Parent only
Bonds payable ¥0.8 billion Parent only
Net assets ¥65.4 billion Parent only
Net assets ¥65.4 billion Parent only
Total assets ¥240.9 billion Parent only
Deferred tax assets ¥0.5 billion Parent only
Retained earnings brought forward ¥9.8 billion Parent only
Treasury stock ¥-66.17 million Parent only
Valuation and translation adjustments ¥0.3 billion Parent only
Liabilities ¥175.5 billion Parent only
Liabilities and net assets ¥240.9 billion Parent only
Real estate for sale ¥102.0 billion Parent only
Accounts payable - trade ¥0.3 billion Parent only
Capital surplus ¥2.9 billion Parent only
Legal capital surplus ¥2.9 billion Parent only
Capital stock ¥2.0 billion Parent only
Provision for bonuses ¥0.2 billion Parent only
Provision for retirement benefits ¥0.1 billion Parent only
Long-term loans payable ¥126.2 billion Parent only
Long-term prepaid expenses ¥0.2 billion Parent only
Shares of subsidiaries and associates ¥0.3 billion Parent only
Electronically recorded obligations - operating ¥5.2 billion Parent only
Telephone subscription right ¥9.68 million Parent only
Current portion of bonds payable ¥0.6 billion Parent only
Current portion of long-term loans payable ¥33.4 billion Parent only

Statement of income (93 items)

ItemValueConsolidated / Non-consolidated
Other ¥0.1 billion Consolidated
Other ¥17.67 million Consolidated
Other ¥2.3 billion Consolidated
Other comprehensive income ¥81.07 million Consolidated
Valuation difference on available for sale securities net of tax ¥81.07 million Consolidated
Amortization of goodwill ¥35.00 million Consolidated
Amortization of goodwill ¥35.00 million Consolidated
Dividends from surplus ¥-3.2 billion Consolidated
Subsidy income ¥22.14 million Consolidated
Comprehensive income ¥11.3 billion Consolidated
Office work fee ¥91.28 million Consolidated
Insurance ¥0.1 billion Consolidated
Interest income ¥53.31 million Consolidated
Interest income ¥53.31 million Consolidated
Dividend income ¥46.82 million Consolidated
Operating income ¥18.5 billion Consolidated
Non-operating income ¥0.6 billion Consolidated
Non-operating expenses ¥2.7 billion Consolidated
Net cash provided by (used in) operating activities ¥-39.5 billion Consolidated
Loss on retirement of non-current assets ¥2.71 million Consolidated
Cost of sales ¥87.5 billion Consolidated
Gross profit (loss) ¥29.4 billion Consolidated
Net sales ¥116.9 billion Consolidated
Net sales ¥116.9 billion Consolidated
Advertising expenses ¥0.7 billion Consolidated
Net income ¥11.2 billion Consolidated
Net income ¥11.2 billion Consolidated
Net income (loss) ¥11.2 billion Consolidated
Net income (loss) ¥11.2 billion Consolidated
Provision for directors' retirement benefits ¥4.50 million Consolidated
Net cash provided by (used in) investing activities ¥-1.1 billion Consolidated
Interest expenses ¥2.3 billion Consolidated
Interest expenses ¥2.3 billion Consolidated
Commission fees ¥0.3 billion Consolidated
Commission fees ¥1.1 billion Consolidated
Income taxes - current ¥5.5 billion Consolidated
Income taxes ¥5.2 billion Consolidated
Income taxes - deferred ¥-0.3 billion Consolidated
Depreciation ¥0.1 billion Consolidated
Extraordinary loss ¥2.71 million Consolidated
Net increase (decrease) in cash and cash equivalents ¥-14.2 billion Consolidated
Taxes and dues ¥2.6 billion Consolidated
Income (loss) before income taxes ¥16.4 billion Consolidated
Income (loss) before income taxes ¥16.4 billion Consolidated
Ordinary income ¥16.4 billion Consolidated
Ordinary income ¥16.4 billion Consolidated
Salaries and bonuses ¥3.9 billion Consolidated
Purchase of treasury stock ¥-0.47 million Consolidated
Comprehensive income attributable to owners of parent ¥11.3 billion Consolidated
Net cash provided by (used in) financing activities ¥26.4 billion Consolidated
Selling, general and administrative expenses ¥10.9 billion Consolidated
Provision for bonuses ¥0.3 billion Consolidated
Retirement benefit expenses ¥72.97 million Consolidated
Other ¥52.50 million Parent only
Other ¥15.23 million Parent only
Other ¥0.8 billion Parent only
Other business cost cos exp oa ¥0.6 billion Parent only
Other business revenue2 rev oa ¥4.4 billion Parent only
Cost of sales - real estate ¥64.8 billion Parent only
Real estate sales ¥84.2 billion Parent only
Dividends from surplus ¥-3.2 billion Parent only
Office work fee ¥32.70 million Parent only
Interest income ¥32.81 million Parent only
Rent income ¥59.12 million Parent only
Dividend income ¥1.0 billion Parent only
Operating income ¥13.0 billion Parent only
Non-operating income ¥1.2 billion Parent only
Non-operating expenses ¥2.5 billion Parent only
Rents ¥97.00 million Parent only
Cost of sales ¥65.4 billion Parent only
Gross profit (loss) ¥23.2 billion Parent only
Net sales ¥88.6 billion Parent only
Advertising expenses ¥0.6 billion Parent only
Net income (loss) ¥8.5 billion Parent only
Net income (loss) ¥8.5 billion Parent only
Provision for directors' retirement benefits ¥4.50 million Parent only
Interest expenses ¥2.2 billion Parent only
Commission fees ¥0.3 billion Parent only
Commission fees ¥2.7 billion Parent only
Income taxes - current ¥3.4 billion Parent only
Income taxes ¥3.2 billion Parent only
Income taxes - deferred ¥-0.1 billion Parent only
Legal and employee benefits expenses ¥0.3 billion Parent only
Depreciation ¥54.18 million Parent only
Taxes and dues ¥2.3 billion Parent only
Income (loss) before income taxes ¥11.7 billion Parent only
Ordinary income ¥11.7 billion Parent only
Salaries and bonuses ¥2.7 billion Parent only
Purchase of treasury stock ¥-0.47 million Parent only
Selling, general and administrative expenses ¥10.2 billion Parent only
Provision for bonuses ¥0.2 billion Parent only
Retirement benefit expenses ¥54.56 million Parent only
Correspondence and transportation expenses ¥0.4 billion Parent only

Statement of changes in equity (4 items)

ItemValueConsolidated / Non-consolidated
Total changes during the period ¥8.1 billion Consolidated
Net changes in items other than shareholders' equity ¥81.07 million Consolidated
Total changes during the period ¥5.4 billion Parent only
Net changes in items other than shareholders' equity ¥81.07 million Parent only

Statement of cash flows (32 items)

ItemValueConsolidated / Non-consolidated
Other ¥-1.4 billion Consolidated
Other ¥-0.3 billion Consolidated
Other ¥-0.3 billion Consolidated
Amortization of goodwill ¥35.00 million Consolidated
Repayments of lease obligations ¥-0.1 billion Consolidated
Increase decrease in notes and accounts payable trade ¥2.0 billion Consolidated
Proceeds from insurance income ¥0.1 billion Consolidated
Interest expenses paid ¥-2.4 billion Consolidated
Interest and dividends income received ¥98.99 million Consolidated
Increase (decrease) in advances received ¥0.3 billion Consolidated
Interest and dividend income ¥-0.1 billion Consolidated
Decrease increase in notes and accounts receivable trade ¥1.1 billion Consolidated
Proceeds from withdrawal of time deposits ¥0.5 billion Consolidated
Payments into time deposits ¥-0.9 billion Consolidated
Subtotal ¥-32.2 billion Consolidated
Increase decrease in provision for directors retirement benefits ¥4.50 million Consolidated
Interest expenses ¥2.3 billion Consolidated
Commission fees ¥0.3 billion Consolidated
Purchase of property plant and equipment ¥-0.3 billion Consolidated
Decrease in consumption taxes payable ¥4.01 million Consolidated
Decrease (increase) in inventories ¥-54.1 billion Consolidated
Loss on valuation of inventories ¥0.2 billion Consolidated
Income taxes paid ¥-5.2 billion Consolidated
Depreciation ¥0.6 billion Consolidated
Purchase of intangible assets ¥-48.35 million Consolidated
Decrease/increase in short-term loans payable ¥-1.4 billion Consolidated
Redemption of bonds ¥-0.1 billion Consolidated
Regarding purchase of treasury stock ¥-0.47 million Consolidated
Increase (decrease) in net defined benefit liability ¥16.44 million Consolidated
Dividends ¥-3.2 billion Consolidated
Proceeds from long term loans payable ¥81.0 billion Consolidated
Repayment of long term loans payable ¥-49.5 billion Consolidated
Basic indicators
ItemValueConsolidated / Non-consolidatedSource
Net cash provided by (used in) operating activities ¥-39.5 billion ConsolidatedDisclosed
Dividend per share 240 Parent onlyDisclosed
Number of employees 476 ConsolidatedDisclosed
Net assets ¥81.5 billion ConsolidatedDisclosed
Net sales ¥116.9 billion ConsolidatedDisclosed
Operating income ¥18.5 billion ConsolidatedDisclosed
Ordinary income ¥16.4 billion ConsolidatedDisclosed
Net income ¥11.2 billion ConsolidatedDisclosed
Total assets ¥268.5 billion ConsolidatedDisclosed
Operating margin 15.8%ConsolidatedCalculated
Net margin 9.6%ConsolidatedCalculated
Sales per employee 245631916 yenConsolidatedCalculated
Total asset turnover 0.44 timesConsolidatedCalculated
Net assets to total assets 30.4%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 15.8% Operating income ÷ net sales  = ¥18.5 billion ÷ ¥116.9 billion
    Operating income ÷ net sales. The denominator is Net sales (Consolidated, Japanese GAAP).
  • Net margin 9.6% Net income ÷ net sales  = ¥11.2 billion ÷ ¥116.9 billion
    Net income ÷ net sales. The denominator is Net sales (Consolidated, Japanese GAAP).
  • Sales per employee 245,631,916 yen Sales or operating revenue ÷ employees  = ¥116.9 billion ÷ 476 people
    Sales or operating revenue ÷ employees. The denominator is Number of employees (Consolidated, Japanese GAAP).
  • Total asset turnover 0.44 times Sales or operating revenue ÷ total assets  = ¥116.9 billion ÷ ¥268.5 billion
    Sales or operating revenue ÷ total assets. The denominator is Total assets (Consolidated, Japanese GAAP).
  • Net assets to total assets 30.4% Net assets ÷ total assets  = ¥81.5 billion ÷ ¥268.5 billion
    Net assets ÷ total assets. The denominator is Total assets (Consolidated, Japanese GAAP).

Company details

  • Representative President, Representative Director, gBizINFO
  • Consolidated subsidiaries Annual Securities Report

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) 0% 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
  • Cash conversion Net cash provided by (used in) operating activities ÷ operating income
  • Increase in working capital (increase in trade receivables + increase in inventories) ÷ net sales (or operating revenue)。Trade receivables down ¥1.1 billion + inventories up ¥54.1 billion, over net sales ¥116.9 billion
  • Property, plant and equipment purchases relative to depreciation Purchase of property, plant and equipment ÷ depreciation。Purchase of property, plant and equipment ¥0.3 billion, over depreciation ¥0.6 billion
  • Investment securities to net assets Investment securities ÷ net assets。Investment securities ¥0.6 billion, over net assets ¥81.5 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)

Dividend history

  • Payout ratio: dividends as a proportion of net profit. Dividend amounts and payout ratios: the reporting company’s parent-only disclosed values (as written in the annual securities report, not recalculated from consolidated profit). Consecutive increases: years in a row, from the latest backwards, in which the annual dividend per share rose. Consecutive years with a dividend: years in a row with an annual dividend per share above zero. Both this site’s own count (not the criteria of any published index). A year with no disclosure not read as zero; counting stops there. Range limited to the years listed above.

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 Real Estate 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 Real Estate that disclose the item (industries with at least 5 companies only).

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: 476 (a different scope, kept apart from the four above). Industry median: the middle value among companies in Real Estate 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
  • Wage gap between men and women Women's pay with men's pay set to 100, reporting company
  • Women in managerial positions Reporting company (parent only)
  • Men taking childcare leave Reporting company (parent only)
  • Average temporary staff Consolidated, average headcount other than regular employees

Workplace information filings

  • Source: processed from Shokuba-labo, the workplace information site of the Ministry of Health, Labour and Welfare. Items the company filed only Shokuba-labo

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 ESLEAD CORPORATION on EDINET, the FSA’s disclosure system (free to read)
Corporate number: 4120001072725 / 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