Asahi Sangyo
Asahi Sangyo Co.,Ltd
Company highlights
The largest holder on the register is サンデン株式会社, at 31.1%.
Key figures
Period Apr 2025 to Mar 2026Parent onlyJapanese GAAP
Company profile
Tables scroll sideways
Disclosed data
Business activities and revenue composition
Revenue and profit by business segment
Disclosed segments (business divisions used in reporting): one
Revenue and profit
Amounts by account
| Group | Account | Amount | Consolidated / Non-consolidated |
|---|---|---|---|
| Selling, general and administrative expenses | Directors' compensations | ¥25.38 million | Parent only |
| Other | ¥14.92 million | Parent only | |
| Salaries and allowances | ¥14.89 million | Parent only | |
| Legal welfare expenses | ¥5.43 million | Parent only | |
| Provision for directors' retirement benefits | ¥4.58 million | Parent only | |
| Provision for bonuses | ¥0.85 million | Parent only | |
| Depreciation | ¥0.66 million | Parent only | |
| Retirement benefit expenses | ¥0.58 million | Parent only | |
| Profit by stage | Gross profit (loss) | ¥98.32 million | Parent only |
| Ordinary income | ¥29.05 million | Parent only | |
| Operating income | ¥26.37 million | Parent only |
Asahi Sangyo
Selling, general and administrative expenses
Period Apr 2025 to Mar 2026Source Annual securities reports
- Directors' compensations ¥0.0 billion
- Other ¥0.0 billion
- Salaries and allowances ¥0.0 billion
- Legal welfare expenses ¥0.0 billion
- Provision for directors' retirement benefits ¥0.0 billion
- Provision for bonuses ¥0.0 billion
Performance, financial position and capital allocation
Long-term changes in performance
Asahi Sangyo
Long-term revenue, profit and asset trends
Period 2013 to 2026Source Annual securities reportsDisclosed
Asahi Sangyo
Recent performance trends
Source Annual securities reports
Year-on-year comparison
| Item | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net sales | ¥3.9B | ¥3.5B | ¥3.5B | ¥3.7B | ¥1.6B |
| Year on year (%) | +53.7%◆ | -8.5% | -0.4% | +4.5% | -57.0%◆ |
| Ordinary income (loss) | ¥0.1B | ¥0.0B | ¥0.0B | ¥0.0B | ¥0.0B |
| Change from prior year | +272.4% | -93.3% | +339.4% | -33.1% | +174.0% |
| Ordinary income (loss) as a share of Net sales | 1.4% | 0.1% | 0.4% | 0.3% | 1.8% |
| Change (percentage points) | +0.8 points | -1.3 points | +0.3 points | -0.2 points | +1.5 points |
Fiscal periods marked for changes
Earlier fiscal periods (4)
- 2014Ordinary income (loss) as a share of revenue +5.5 points
- 2015Net sales year on year +49.7%, Ordinary income (loss) as a share of revenue +10.5 points, Ordinary income (loss) loss to profit
- 2018Net sales year on year +54.4%, Ordinary income (loss) as a share of revenue -4.2 points, Ordinary income (loss) profit to loss
- 2019Net sales year on year +72.6%
- 2020Net sales year on year -31.2%, Ordinary income (loss) loss to profit
- 2022Net sales year on year +53.7%
- 2026Net sales year on year -57.0%
Asahi Sangyo
Earnings and net assets per share over time
Unit yenSource Annual securities reports
Asahi Sangyo
Return on equity over time
Unit %Source Annual securities reports
Parent only indicators (15 items)
| Item | 4 years ago | 3 years ago | 2 years ago | Last year | This year |
|---|---|---|---|---|---|
| Net sales | ¥3.9 billion | ¥3.5 billion | ¥3.5 billion | ¥3.7 billion | ¥1.6 billion |
| Ordinary income (loss) | ¥53.99 million | ¥3.61 million | ¥15.85 million | ¥10.60 million | ¥29.05 million |
| Net income (loss) | ¥55.35 million | ¥3.18 million | ¥15.85 million | ¥10.53 million | ¥28.88 million |
| Capital stock | ¥96.00 million | ¥96.00 million | ¥96.00 million | ¥96.00 million | ¥96.00 million |
| Total number of issued shares (common stock) | 1,300,000 shares | 1,300,000 shares | 1,300,000 shares | 1,300,000 shares | 1,300,000 shares |
| Net assets | ¥0.1 billion | ¥0.1 billion | ¥0.2 billion | ¥0.2 billion | ¥0.2 billion |
| Total assets | ¥1.3 billion | ¥1.5 billion | ¥1.3 billion | ¥1.3 billion | ¥0.9 billion |
| Net assets per share | 105.51 yen | 108.5 yen | 123.4 yen | 133.81 yen | 160.99 yen |
| Basic earnings (loss) per share | 43.64 yen | 2.5 yen | 12.49 yen | 8.31 yen | 22.77 yen |
| Equity-to-asset ratio | 10.5% | 9.2% | 11.7% | 13.2% | 23.1% |
| Return on equity | 52.1% | 2.3% | 10.8% | 6.5% | 15.4% |
| Net cash provided by (used in) operating activities | ¥0.1 billion | ¥14.57 million | ¥0.2 billion | ¥0.1 billion | ¥0.2 billion |
| Net cash provided by (used in) investing activities | ¥-36.80 million | ¥-0.1 billion | ¥-12.68 million | ¥-5.35 million | ¥-40.26 million |
| Net cash provided by (used in) financing activities | ¥-0.1 billion | ¥0.1 billion | ¥-0.1 billion | ¥-10.63 million | ¥-48.27 million |
| Cash and cash equivalents | ¥89.02 million | ¥0.1 billion | ¥0.1 billion | ¥0.3 billion | ¥0.3 billion |
Shareholder composition
Major shareholders
| Rank | Shareholder | Shareholding ratio | Shares held |
|---|---|---|---|
| 1 | サンデン株式会社 | 31.05% | 393,000 |
| 2 | 牛久保 尚志 | 21.08% | 267,000 |
| 3 | 牛久保 仁一 | 8.97% | 113,000 |
| 4 | メルヴィン・ヴィルヒル米国オハイオ州ヤングスタウン | 6.31% | 80,000 |
| 5 | 浅見 道代 | 5.11% | 64,000 |
| 6 | 牛久保 郷子 | 2.68% | 33,000 |
| 7 | 大手 英一 | 2.25% | 28,000 |
| 8 | 牛久保 博一 | 1.23% | 15,000 |
| 9 | 高橋 徹 | 0.99% | 12,000 |
| 10 | 林 幸一 | 0.82% | 10,000 |
Revenue scale in the same industry
Asahi Sangyo
Source Annual securities reports of each company
Machinery: 221 companies · revenue · largest first・each company’s latest fiscal year・consolidated (parent-only where no consolidated figures)・Disclosed
- 1 DAIKIN INDUSTRIESFY Mar 2026 ¥5.0T
- 2 Mitsubishi Heavy IndustriesFY Mar 2026 ¥5.0T
- 3 KUBOTAFY Dec 2025 ¥3.0T
- … 215 companies
- 219 A-ONE SEIMITSUFY Jun 2026 ¥1.7B
- 220 HEPHAISTFY Mar 2026 ¥1.6B
- 221 Asahi SangyoThis companyFY Mar 2026 ¥1.6B
Workforce information
Administrative filings and published information
Workplace information filings
| Item | Value |
|---|---|
| Employees | 64 |
Audit and disclosure information
| Item | Value |
|---|---|
| Audit firm | 村田克也公認会計士事務所, 森山謙一公認会計士事務所 |
| Going concern note | Cannot be determined |
| Accounting standard | Japanese GAAP |
Related books, articles and videos
Books that cover companies in the same industry
This company: not covered in this book
Same industry: Machinery
“Kaisha no Shikumi: Order Backlog and the Cost of Completion”
Reads the filings of companies that build power plant equipment, waste incinerators and similar products to order, for their order backlog and how the cost to completion decides profit.
Machinery companies in this book: Mitsubishi Heavy Industries, IHI, Kanadevia
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Find it on Amazon →
Sources and methodology
Retrieved disclosed figures
Major management indicators (5 years) (15 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Net cash provided by (used in) operating activities | ¥0.2 billion | Parent only |
| Net sales | ¥1.6 billion | Parent only |
| Net income (loss) | ¥28.88 million | Parent only |
| Net cash provided by (used in) investing activities | ¥-40.26 million | Parent only |
| Cash and cash equivalents | ¥0.3 billion | Parent only |
| Total number of issued shares (common stock) | 1,300,000 shares | Parent only |
| Net assets | ¥0.2 billion | Parent only |
| Ordinary income (loss) | ¥29.05 million | Parent only |
| Total assets | ¥0.9 billion | Parent only |
| Return on equity | 15.4% | Parent only |
| Equity-to-asset ratio | 23.1% | Parent only |
| Net cash provided by (used in) financing activities | ¥-48.27 million | Parent only |
| Capital stock | ¥96.00 million | Parent only |
| Basic earnings (loss) per share | 22.77 yen | Parent only |
| Net assets per share | 160.99 yen | Parent only |
Employees (1 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Number of employees | 50 people | Parent only |
Shares (2 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Number of shares held | 1,020,000 shares | Consolidated |
| Shareholding ratio | 80.5% | Consolidated |
Balance sheet (75 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Other | ¥0.05 million | Parent only |
| Other | ¥0.11 million | Parent only |
| Valuation difference on available-for-sale securities | ¥13.14 million | Parent only |
| Other capital surplus | ¥21.00 million | Parent only |
| Software | ¥3.83 million | Parent only |
| Lease obligations | ¥40.43 million | Parent only |
| Lease obligations | ¥20.09 million | Parent only |
| Lease assets | ¥0.4 billion | Parent only |
| Lease assets, net | ¥54.21 million | Parent only |
| Work in process | ¥18.24 million | Parent only |
| Investments in capital | ¥0.06 million | Parent only |
| Retained earnings | ¥75.86 million | Parent only |
| Unearned revenue | ¥8.28 million | Parent only |
| Prepaid expenses | ¥1.89 million | Parent only |
| Raw materials | ¥0.47 million | Parent only |
| Non-current liabilities | ¥0.4 billion | Parent only |
| Non-current assets | ¥0.4 billion | Parent only |
| Land | ¥0.1 billion | Parent only |
| Accounts receivable - trade | ¥75.32 million | Parent only |
| Tools, furniture and fixtures | ¥0.1 billion | Parent only |
| Tools, furniture and fixtures | ¥27.42 million | Parent only |
| Buildings | ¥0.4 billion | Parent only |
| Buildings, net | ¥52.07 million | Parent only |
| Provision for directors' retirement benefits | ¥45.83 million | Parent only |
| Investments and other assets | ¥87.79 million | Parent only |
| Investment securities | ¥23.05 million | Parent only |
| Property, plant and equipment | ¥0.3 billion | Parent only |
| Accounts receivable - other | ¥9.19 million | Parent only |
| Income taxes payable | ¥0.53 million | Parent only |
| Accrued consumption taxes | ¥25.51 million | Parent only |
| Accrued expenses | ¥17.39 million | Parent only |
| Accounts payable - other | ¥10.32 million | Parent only |
| Shareholders' equity | ¥0.2 billion | Parent only |
| Structures | ¥16.02 million | Parent only |
| Structures, net | ¥1.86 million | Parent only |
| Machinery and equipment | ¥1.3 billion | Parent only |
| Machinery and equipment, net | ¥65.53 million | Parent only |
| Current liabilities | ¥0.3 billion | Parent only |
| Current assets | ¥0.5 billion | Parent only |
| Accumulated depreciation | ¥-0.3 billion | Parent only |
| Accumulated depreciation | ¥-90.35 million | Parent only |
| Accumulated depreciation | ¥-0.4 billion | Parent only |
| Accumulated depreciation | ¥-14.15 million | Parent only |
| Accumulated depreciation | ¥-1.2 billion | Parent only |
| Accumulated depreciation | ¥-8.86 million | Parent only |
| Intangible assets | ¥3.86 million | Parent only |
| Cash and cash equivalents | ¥0.3 billion | Parent only |
| Cash and deposits | ¥0.3 billion | Parent only |
| Short-term loans payable | ¥60.00 million | Parent only |
| Net assets | ¥0.2 billion | Parent only |
| Net assets | ¥0.2 billion | Parent only |
| Total assets | ¥0.9 billion | Parent only |
| Deferred tax liabilities | ¥6.64 million | Parent only |
| Retained earnings brought forward | ¥75.86 million | Parent only |
| Treasury stock | ¥-1.80 million | Parent only |
| Finished goods | ¥22.48 million | Parent only |
| Valuation and translation adjustments | ¥13.14 million | Parent only |
| Liabilities | ¥0.7 billion | Parent only |
| Liabilities and net assets | ¥0.9 billion | Parent only |
| Supplies | ¥2.19 million | Parent only |
| Accounts payable - trade | ¥39.61 million | Parent only |
| Capital surplus | ¥21.00 million | Parent only |
| Capital stock | ¥96.00 million | Parent only |
| Asset retirement obligations | ¥5.70 million | Parent only |
| Provision for bonuses | ¥15.83 million | Parent only |
| Vehicle and delivery equipment | ¥10.12 million | Parent only |
| Vehicles, net | ¥1.26 million | Parent only |
| Provision for retirement benefits | ¥40.85 million | Parent only |
| Long-term loans payable | ¥0.2 billion | Parent only |
| Long-term prepaid expenses | ¥0.96 million | Parent only |
| Electronically recorded obligations - operating | ¥40.40 million | Parent only |
| Electronically recorded monetary claims - operating | ¥15.93 million | Parent only |
| Telephone subscription right | ¥0.03 million | Parent only |
| Deposits received | ¥8.47 million | Parent only |
| Current portion of long-term loans payable | ¥76.50 million | Parent only |
Accounts unique to this company (3 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Revenue | ¥63.67 million | Parent only |
| Revenue | ¥4.65 million | Parent only |
| Revenue | ¥-8.75 million | Parent only |
Statement of income (37 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Other | ¥0.56 million | Parent only |
| Other | ¥14.92 million | Parent only |
| Interest income | ¥0.17 million | Parent only |
| Dividend income | ¥0.62 million | Parent only |
| Total | ¥1.5 billion | Parent only |
| Operating income | ¥26.37 million | Parent only |
| Non-operating income | ¥9.47 million | Parent only |
| Non-operating expenses | ¥6.79 million | Parent only |
| Net cash provided by (used in) operating activities | ¥0.2 billion | Parent only |
| Gain on sales of non-current assets | ¥0.37 million | Parent only |
| Gross profit (loss) | ¥98.32 million | Parent only |
| Net sales | ¥1.6 billion | Parent only |
| Net income (loss) | ¥28.88 million | Parent only |
| Net income (loss) | ¥28.88 million | Parent only |
| Cost of products manufactured | ¥1.4 billion | Parent only |
| Directors' compensations | ¥25.38 million | Parent only |
| Provision for directors' retirement benefits | ¥4.58 million | Parent only |
| Net cash provided by (used in) investing activities | ¥-40.26 million | Parent only |
| Interest expenses | ¥6.23 million | Parent only |
| Income taxes - current | ¥0.53 million | Parent only |
| Income taxes | ¥0.53 million | Parent only |
| Legal welfare expenses | ¥5.43 million | Parent only |
| Depreciation | ¥0.66 million | Parent only |
| Extraordinary income | ¥0.37 million | Parent only |
| Net increase (decrease) in cash and cash equivalents | ¥75.99 million | Parent only |
| Income (loss) before income taxes | ¥29.41 million | Parent only |
| Income (loss) before income taxes | ¥29.41 million | Parent only |
| Ordinary income | ¥29.05 million | Parent only |
| Salaries and allowances | ¥14.89 million | Parent only |
| Cost of finished goods sold | ¥1.5 billion | Parent only |
| Ending finished goods cos | ¥22.48 million | Parent only |
| Beginning finished goods cos | ¥74.41 million | Parent only |
| Net cash provided by (used in) financing activities | ¥-48.27 million | Parent only |
| Selling, general and administrative expenses | ¥71.94 million | Parent only |
| Provision for bonuses | ¥0.85 million | Parent only |
| Retirement benefit expenses | ¥0.58 million | Parent only |
| Miscellaneous income | ¥8.68 million | Parent only |
Statement of changes in equity (2 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Total changes during the period | ¥34.47 million | Parent only |
| Net changes in items other than shareholders' equity | ¥5.59 million | Parent only |
Statement of cash flows (25 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Other | ¥-0.32 million | Parent only |
| Increase (decrease) in other current liabilities | ¥-0.28 million | Parent only |
| Decrease (increase) in other current assets | ¥-7.79 million | Parent only |
| Repayments of lease obligations | ¥-19.94 million | Parent only |
| Increase decrease in notes and accounts payable trade | ¥-0.4 billion | Parent only |
| Interest expenses paid | ¥-6.23 million | Parent only |
| Interest and dividends income received | ¥0.66 million | Parent only |
| Increase (decrease) in deferred revenue | ¥8.28 million | Parent only |
| Interest and dividend income | ¥-0.79 million | Parent only |
| Decrease increase in notes and accounts receivable trade | ¥0.3 billion | Parent only |
| Subtotal | ¥0.2 billion | Parent only |
| Increase decrease in provision for directors retirement benefits | ¥4.58 million | Parent only |
| Interest expenses | ¥6.23 million | Parent only |
| Purchase of property plant and equipment | ¥-40.62 million | Parent only |
| Proceeds from sales of property plant and equipment | ¥0.37 million | Parent only |
| Decrease in consumption taxes payable | ¥11.35 million | Parent only |
| Increase/(decrease) in accounts payable - expenses | ¥3.30 million | Parent only |
| Increase (decrease) in accounts payable-other | ¥-5.52 million | Parent only |
| Decrease (increase) in inventories | ¥0.2 billion | Parent only |
| Income taxes paid | ¥-0.53 million | Parent only |
| Depreciation | ¥58.55 million | Parent only |
| Increase (decrease) in provision for bonuses | ¥2.08 million | Parent only |
| Accrued pension cost | ¥-3.38 million | Parent only |
| Proceeds from long term loans payable | ¥0.1 billion | Parent only |
| Repayment of long term loans payable | ¥-0.1 billion | Parent only |
Basic indicators
| Item | Value | Consolidated / Non-consolidated | Source |
|---|---|---|---|
| Net cash provided by (used in) operating activities | ¥0.2 billion | Parent only | Disclosed |
| Number of employees | 50 | Parent only | Disclosed |
| Net assets | ¥0.2 billion | Parent only | Disclosed |
| Net sales | ¥1.6 billion | Parent only | Disclosed |
| Operating income | ¥26.37 million | Parent only | Disclosed |
| Ordinary income | ¥29.05 million | Parent only | Disclosed |
| Total assets | ¥0.9 billion | Parent only | Disclosed |
| Operating margin | 1.7% | Parent only | Calculated |
| Net margin | Not disclosed | Not applicable | Not calculated (a required value is not disclosed) |
| Sales per employee | 31709380 yen | Parent only | Calculated |
| Total asset turnover | 1.79 times | Parent only | Calculated |
| Net assets to total assets | 23.1% | Parent only | Calculated |