Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
May 13, 2026
Consolidated Financial Results
for the Fiscal Year Ended March 31, 2026 (Under Japanese GAAP)
Company name: Neturen Co., Ltd. Listing: Tokyo Stock Exchange Securities code: 5976
URL: https://www.k-neturen.co.jp/
Representative: Katsumi Omiya , Representative Director, Member of the Board and President Inquiries: Hideaki Shinohara , General Manager, Accounting Department, Administrative Headquarters Telephone: +81-3-3443-5441
Scheduled date of annual general meeting of shareholders: June 25, 2026 Scheduled date to commence dividend payments: June 26, 2026 Scheduled date to file annual securities report: June 24, 2026
Preparation of supplementary material on financial results: Yes Holding of financial results briefing: Yes
(Yen amounts are rounded down to millions, unless otherwise noted.)
Consolidated financial results for the fiscal year ended March 31, 2026 (from April 1, 2025 to March 31, 2026)
Consolidated operating results (Percentages indicate year-on-year changes.)
Net sales
Operating profit
Ordinary profit
Profit attributable to owners of parent
Fiscal year ended
March 31, 2026
March 31, 2025
Millions of yen
58,277
57,563
%
1.2
0.6
Millions of yen
1,892
1,617
%
17.0
(0.9)
Millions of yen
2,663
2,321
%
14.8
(7.6)
Millions of yen
1,329
1,815
%
(26.8)
17.7
Note: Comprehensive income
For the fiscal year ended March 31, 2026: ¥
3,221 million [
(22.0) %]
For the fiscal year ended March 31, 2025: ¥
4,132 million [
(1.2) %]
Basic earnings per share
Diluted earnings per share
Rate of return on equity
Ordinary profit to total assets ratio
Operating profit to net sales ratio
Fiscal year ended
Yen
Yen
%
%
%
March 31, 2026
39.76
-
2.3
3.1
3.2
March 31, 2025
51.59
-
3.0
2.8
2.8
Reference: Share of profit (loss) of entities accounted for using equity method
For the fiscal year ended March 31, 2026:
¥
213 million
For the fiscal year ended March 31, 2025:
¥
157 million
Consolidated financial position
Total assets
Net assets
Equity-to-asset ratio
Net assets per share
As of
March 31, 2026
March 31, 2025
Millions of yen
88,146
83,760
Millions of yen
65,378
66,329
%
66.0
71.1
Yen
1,785.61
1,736.23
Reference: Equity
As of March 31, 2026:
¥
58,219 million
As of March 31, 2025:
¥
59,540 million
Consolidated cash flows
Cash flows from operating activities
Cash flows from investing activities
Cash flows from financing activities
Cash and cash equivalents at end of period
Fiscal year ended March 31, 2026
March 31, 2025
Millions of yen
1,773
4,107
Millions of yen
(5,235)
(3,404)
Millions of yen
(121)
1,713
Millions of yen
14,204
17,580
Cash dividends
Annual dividends per share
Total cash dividends (Total)
Payout ratio (Consolidated)
Ratio of dividends to net assets (Consolidated)
First quarter-end
Second quarter-end
Third quarter-end
Fiscal year-end
Total
Yen
Yen
Yen
Yen
Yen
Millions of yen
%
%
Fiscal year ended March 31, 2025
-
25.00
-
26.00
51.00
1,771
98.8
3.0
Fiscal year ended March 31, 2026
-
33.00
-
38.00
71.00
2,353
178.6
4.0
Fiscal year ending March 31, 2027
(Forecast)
-
35.00
-
36.00
71.00
154.3
Consolidated financial result forecasts for the fiscal year ending March 31, 2027 (from April 1, 2026 to March 31, 2027)
(Percentages indicate year-on-year changes.)
Net sales | Operating profit | Ordinary profit | Profit attributable to owners of parent | Basic earnings per share | |||||
Millions of yen 31,000 64,000 | % | Millions of yen 800 2,100 | % | Millions of yen 1,000 2,500 | % | Millions of yen 500 1,500 | % | Yen | |
Six months ending September 30, 2026 | 17.5 | 56.2 | 13.6 | 8.1 | 15.34 | ||||
Full year | 9.8 | 11.0 | (6.2) | 12.9 | 46.01 | ||||
* Notes | ||
(1) Significant changes in the scope of consolidation during the period: Newly included: 2 companies( Dohken Co., Ltd.,MDI Corporation | Yes | ) |
Excluded: - companies( | ) | |
Changes in accounting policies, changes in accounting estimates, and restatement
Changes in accounting policies due to revisions to accounting standards and other regulations: None
Changes in accounting policies due to other reasons: None
Changes in accounting estimates: None
Restatement: None
Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of March 31, 2026
32,805,400 shares
As of March 31, 2025
34,495,400 shares
Number of treasury shares at the end of the period
As of March 31, 2026
200,680 shares
As of March 31, 2025
202,180 shares
Average number of shares outstanding during the period
Fiscal Year ended March 31, 2026 | 33,426,981 shares |
Fiscal Year ended March 31, 2025 | 35,197,831 shares |
Financial results reports are exempt from audit conducted by certified public accountants or an audit firm.
Proper use of earnings forecasts, and other special matters (Notes on forward-looking statements, etc.)
The forward-looking statements contained in this document are based on judgments made in accordance with information available at the time of the release of this document and include many uncertain factors. Actual results may differ from these forecasts due to changes in business conditions and other factors.
For the assumptions used for the financial results forecast as well as precautions regarding the use of such forecast, please refer to "1. Qualitative Information on Quarterly Financial Results (4) Explanation Regarding Consolidated Financial Results Forecast and Other Forward-looking Information" on page 4 of the Attachments (Japanese version only).
Consolidated Financial Statements and Primary Notes
Consolidated Balance Sheet
(Millions of yen)
As of March 31, 2025
As of March 31, 2026
Assets
Current assets
Cash and deposits 19,143 17,153
Notes and accounts receivable - trade, and contract
assets
11,640 12,762
Electronically recorded monetary claims -operating | 3,605 | 4,313 |
Securities | 269 | 339 |
Merchandise and finished goods | 1,541 | 1,683 |
Work in process | 1,967 | 2,031 |
Raw materials and supplies | 3,623 | 3,888 |
Other | 3,227 | 1,759 |
Allowance for doubtful accounts | (234) | (179) |
Total current assets | 44,785 | 43,753 |
Non-current assets | ||
Property, plant and equipment | ||
Buildings and structures | 23,812 | 26,269 |
Accumulated depreciation | (15,778) | (17,042) |
Buildings and structures, net | 8,034 | 9,227 |
Machinery, equipment and vehicles | 53,162 | 54,970 |
Accumulated depreciation | (47,282) | (48,529) |
Machinery, equipment and vehicles, net | 5,879 | 6,441 |
Land | 9,909 | 10,377 |
Leased assets | 588 | 570 |
Accumulated depreciation | (285) | (354) |
Leased assets, net | 303 | 216 |
Construction in progress | 1,783 | 2,545 |
Other | 2,985 | 3,313 |
Accumulated depreciation | (2,598) | (2,804) |
Other, net | 387 | 509 |
Total property, plant and equipment | 26,297 | 29,318 |
Intangible assets | ||
Leasehold interests in land | 982 | 976 |
Goodwill | - | 1,626 |
Other | 85 | 105 |
Total intangible assets | 1,067 | 2,709 |
Investments and other assets | ||
Investment securities | 9,857 | 10,949 |
Long-term loans receivable | 20 | 21 |
Retirement benefit asset | 244 | 650 |
Deferred tax assets | 86 | 151 |
Other | 1,478 | 670 |
Allowance for doubtful accounts | (77) | (77) |
Total investments and other assets | 11,610 | 12,365 |
Total non-current assets | 38,975 | 44,393 |
Total assets | 83,760 | 88,146 |
(Millions of yen)
As of March 31, 2025
As of March 31, 2026
Liabilities
Current liabilities
Notes and accounts payable - trade | 3,337 | 4,035 |
Electronically recorded obligations - operating | 2,125 | 1,615 |
Short-term borrowings | 1,947 | 3,799 |
Lease liabilities | 81 | 79 |
Income taxes payable | 389 | 271 |
Provision for bonuses | 646 | 812 |
Provision for bonuses for directors (and other 17 44 officers) | ||
Provision for share awards for directors (and other officers) | 7 | 11 |
Other | 2,652 | 2,389 |
Total current liabilities | 11,205 | 13,060 |
Non-current liabilities | ||
Long-term borrowings | 4,846 | 7,819 |
Lease liabilities | 358 | 297 |
Deferred tax liabilities | 769 | 1,130 |
Provision for share awards for directors (and other | 8 | 16 |
officers) | ||
Retirement benefit liability | 80 | 129 |
Other | 163 | 315 |
Total non-current liabilities | 6,225 | 9,708 |
Total liabilities | 17,431 | 22,768 |
Net assets | ||
Shareholders' equity | ||
Share capital | 6,418 | 6,418 |
Capital surplus | 1,714 | 1,714 |
Retained earnings | 43,850 | 41,239 |
Treasury shares | (197) | (230) |
Total shareholders' equity | 51,785 | 49,141 |
Accumulated other comprehensive income | ||
Valuation difference on available-for-sale securities | 2,528 | 2,970 |
Foreign currency translation adjustment | 4,815 | 5,463 |
Remeasurements of defined benefit plans | 411 | 643 |
Total accumulated other comprehensive income | 7,755 | 9,077 |
Non-controlling interests | 6,788 | 7,159 |
Total net assets | 66,329 | 65,378 |
Total liabilities and net assets | 83,760 | 88,146 |
Consolidated Statements of Income and Comprehensive Income
ended March 31, 2025 ended March 31, 2026 | ||
Net sales | 57,563 | 58,277 |
Cost of sales | 47,217 | 47,069 |
Gross profit | 10,346 | 11,208 |
Selling, general and administrative expenses | ||
Selling expenses | 3,085 | 2,945 |
General and administrative expenses | 5,642 | 6,370 |
Total selling, general and administrative expenses | 8,728 | 9,315 |
Operating profit | 1,617 | 1,892 |
Non-operating income | ||
Interest income | 125 | 126 |
Dividend income | 188 | 200 |
Subsidy income | 3 | 3 |
Insurance claim and dividend income | 14 | 50 |
Share of profit of entities accounted for using equity method | 157 | 213 |
Gain on sale of scraps | 129 | 156 |
Foreign exchange gains | 13 | - |
Gain on investments in silent partnerships | - | 104 |
Other | 179 | 136 |
Total non-operating income | 811 | 994 |
Non-operating expenses | ||
Interest expenses | 69 | 115 |
Foreign exchange losses | - | 19 |
Depreciation of inactive non-current assets | 23 | 33 |
Other | 14 | 53 |
Total non-operating expenses | 108 | 222 |
Ordinary profit | 2,321 | 2,663 |
Extraordinary income | ||
Gain on sale of non-current assets | 11 | 4 |
Gain on sale of investment securities | 1,217 | 3 |
Insurance claim income | 12 | 11 |
Subsidy income | 20 | 7 |
Other | 1 | 0 |
Total extraordinary income | 1,263 | 28 |
Extraordinary losses | ||
Loss on sale of non-current assets | 3 | 0 |
Loss on retirement of non-current assets | 46 | 79 |
Impairment losses | 712 | 257 |
Loss on sale of investment securities | 0 | - |
Other | 4 | 10 |
Total extraordinary losses | 766 | 347 |
For the fiscal year
(Millions of yen) For the fiscal year
(Millions of yen)
For the fiscal year | For the fiscal year | |
ended March 31, 2025 | ended March 31, 2026 | |
Profit before income taxes | 2,818 | 2,344 |
Income taxes - current | 572 | 572 |
Income taxes - deferred | 29 | 1 |
Total income taxes | 602 | 573 |
Profit | 2,216 | 1,771 |
Profit attributable to | ||
Profit attributable to owners of parent | 1,815 | 1,329 |
Profit attributable to non-controlling interests | 400 | 442 |
Other comprehensive income | ||
Valuation difference on available-for-sale securities | 117 | 432 |
Foreign currency translation adjustment | 1,718 | 705 |
Remeasurements of defined benefit plans, net of tax Share of other comprehensive income of entities | 70 | 231 |
accounted for using equity method Total other comprehensive income | 1,916 | 1,450 |
Comprehensive income | 4,132 | 3,221 |
Comprehensive income attributable to | ||
Comprehensive income attributable to owners of 3,289 2,651 parent | ||
Comprehensive income attributable to non-controlling interests
842 570
Consolidated Statement of Changes in Equity
For the fiscal year ended March 31, 2025
(Millions of yen)
Shareholders' equity | |||||
Share capital | Capital surplus | Retained earnings | Treasury shares | Total shareholders' equity | |
Balance at beginning of period | 6,418 | 1,725 | 46,397 | (816) | 53,724 |
Changes during period | |||||
Dividends of surplus | (1,785) | (1,785) | |||
Profit attributable to owners of parent | 1,815 | 1,815 | |||
Purchase of treasury shares | (2,000) | (2,000) | |||
Disposal of treasury shares | 5 | 36 | 41 | ||
Cancellation of treasury shares | (2,582) | 2,582 | - | ||
Transfer from retained earnings to capital surplus | 2,577 | (2,577) | - | ||
Change in scope of consolidation | - | ||||
Capital increase of consolidated subsidiaries | (10) | (10) | |||
Net changes in items other than shareholders' equity | |||||
Total changes during period | - | (10) | (2,546) | 618 | (1,938) |
Balance at end of period | 6,418 | 1,714 | 43,850 | (197) | 51,785 |
Accumulated other comprehensive income | Non-controlling interests | Total net assets | ||||
Valuation difference on available-for-sale securities | Foreign currency translation adjustment | Remeasurements of defined benefit plans | Total accumulated other comprehensive income | |||
Balance at beginning of period | 2,392 | 3,547 | 341 | 6,281 | 6,465 | 66,471 |
Changes during period | ||||||
Dividends of surplus | (1,785) | |||||
Profit attributable to owners of parent | 1,815 | |||||
Purchase of treasury shares | (2,000) | |||||
Disposal of treasury shares | 41 | |||||
Cancellation of treasury shares | - | |||||
Transfer from retained earnings to capital surplus | - | |||||
Change in scope of consolidation | - | |||||
Capital increase of consolidated subsidiaries | 10 | - | ||||
Net changes in items other than shareholders' equity | 135 | 1,267 | 70 | 1,473 | 312 | 1,785 |
Total changes during period | 135 | 1,267 | 70 | 1,473 | 323 | (141) |
Balance at end of period | 2,528 | 4,815 | 411 | 7,755 | 6,788 | 66,329 |
For the fiscal year ended March 31, 2026
(Millions of yen)
Shareholders' equity | |||||
Share capital | Capital surplus | Retained earnings | Treasury shares | Total shareholders' equity | |
Balance at beginning of period | 6,418 | 1,714 | 43,850 | (197) | 51,785 |
Changes during period | |||||
Dividends of surplus | (2,005) | (2,005) | |||
Profit attributable to owners of parent | 1,329 | 1,329 | |||
Purchase of treasury shares | (2,000) | (2,000) | |||
Disposal of treasury shares | 0 | 32 | 33 | ||
Cancellation of treasury shares | (1,935) | 1,935 | - | ||
Transfer from retained earnings to capital surplus | 1,934 | (1,934) | - | ||
Change in scope of consolidation | - | ||||
Capital increase of consolidated subsidiaries | - | ||||
Net changes in items other than shareholders' equity | |||||
Total changes during period | - | - | (2,610) | (32) | (2,643) |
Balance at end of period | 6,418 | 1,714 | 41,239 | (230) | 49,141 |
Accumulated other comprehensive income | Non-controlling interests | Total net assets | ||||
Valuation difference on available-for-sale securities | Foreign currency translation adjustment | Remeasurements of defined benefit plans | Total accumulated other comprehensive income | |||
Balance at beginning of period | 2,528 | 4,815 | 411 | 7,755 | 6,788 | 66,329 |
Changes during period | ||||||
Dividends of surplus | (2,005) | |||||
Profit attributable to owners of parent | 1,329 | |||||
Purchase of treasury shares | (2,000) | |||||
Disposal of treasury shares | 33 | |||||
Cancellation of treasury shares | - | |||||
Transfer from retained earnings to capital surplus | - | |||||
Change in scope of consolidation | 203 | 203 | ||||
Capital increase of consolidated subsidiaries | - | |||||
Net changes in items other than shareholders' equity | 442 | 648 | 231 | 1,322 | 167 | 1,490 |
Total changes during period | 442 | 648 | 231 | 1,322 | 370 | (950) |
Balance at end of period | 2,970 | 5,463 | 643 | 9,077 | 7,159 | 65,378 |
Consolidated Statement of Cash Flows | ||
(Millions of yen) | ||
For the fiscal year | For the fiscal year | |
ended March 31, 2025 | ended March 31, 2026 | |
Cash flows from operating activities | ||
Profit before income taxes | 2,818 | 2,344 |
Depreciation | 2,334 | 2,276 |
Impairment losses | 712 | 257 |
Amortization of goodwill | - | 87 |
Increase (decrease) in allowance for doubtful accounts | 54 | (71) |
Increase (decrease) in provision for bonuses | (39) | 148 |
Decrease (increase) in retirement benefit asset | (244) | (406) |
Increase (decrease) in retirement benefit liability | 153 | 349 |
Interest and dividend income | (313) | (327) |
Interest expenses | 69 | 115 |
Foreign exchange losses (gains) | 0 | (29) |
Share of loss (profit) of entities accounted for using (157) (213) equity method | ||
Loss (gain) on sale of property, plant and equipment | (8) | (4) |
Loss (gain) on disposal of property, plant and equipment | 46 | 79 |
Loss (gain) on sale of investment securities | (1,217) | - |
Decrease (increase) in trade receivables | 1,973 | (1,108) |
Decrease (increase) in inventories | 640 | 342 |
Increase (decrease) in trade payables | (2,771) | (461) |
Decrease (increase) in advance payments to suppliers | 47 | (134) |
Increase (decrease) in advances received | (26) | (846) |
Increase (decrease) in accrued consumption taxes | 130 | (104) |
Other, net | 247 | (91) |
Subtotal | 4,454 | 2,200 |
Interest and dividends received | 379 | 414 |
Interest paid | (67) | (111) |
Income taxes refund (paid) | (658) | (729) |
Net cash provided by (used in) operating activities | 4,107 | 1,773 |
Cash flows from investing activities | ||
Payments into time deposits | (2,004) | (3,478) |
Proceeds from withdrawal of time deposits | 1,564 | 3,029 |
Purchase of property, plant and equipment | (2,653) | (3,990) |
Proceeds from sale of property, plant and equipment | 34 | 4 |
Purchase of intangible assets | (28) | (41) |
Purchase of investment securities | (4) | (103) |
Proceeds from sale and redemption of investment securities | 0 | 1,691 |
Loan advances | (47) | (19) |
Proceeds from collection of loans receivable | 12 | 15 |
Purchase of shares of subsidiaries and associates | - | (109) |
Purchase of shares of subsidiaries resulting in change in scope of consolidation | - | (2,128) |
Purchase of long-term prepaid expenses | (143) | (30) |
Other, net | (134) | (74) |
Net cash provided by (used in) investing activities | (3,404) | (5,235) |
(Millions of yen)
For the fiscal year | For the fiscal year | |
ended March 31, 2025 | ended March 31, 2026 | |
Cash flows from financing activities | ||
Proceeds from short-term borrowings | 1,670 | 4,602 |
Repayments of short-term borrowings | (1,600) | (3,970) |
Proceeds from long-term borrowings | 6,050 | 5,000 |
Repayments of long-term borrowings | (13) | (1,274) |
Purchase of treasury shares | (2,000) | (2,000) |
Dividends paid | (1,785) | (2,005) |
Dividends paid to non-controlling interests | (530) | (402) |
Other, net | (77) | (70) |
Net cash provided by (used in) financing activities Effect of exchange rate change on cash and cash | 1,713 | (121) |
equivalents Net increase (decrease) in cash and cash equivalents | 2,770 | (3,375) |
Cash and cash equivalents at beginning of period | 14,810 | 17,580 |
Cash and cash equivalents at end of period | 17,580 | 14,204 |
Notes to Consolidated Financial Statements
(Notes on going concern assumption) Not applicable.
(Segment information)
Overview of reportable segments
The Company's reportable segments are components within the Company for which discrete financial information is available and are regularly reviewed by the Company's Board of Directors for the purpose of determining the allocation of management resources and evaluating performance.
The Company adopted a business division system centered on two business divisions, the "Specialty Steel and Wire Products Division" and "Induction Heating Division." Each business division cooperates with organizations such as the Corporate Planning Office, the Administrative Headquarters, and the Business Planning and Development Headquarters and formulates comprehensive strategies for domestic and overseas businesses in relation to the products and services it handles and carries out business activities accordingly. In addition, our affiliated companies operate their businesses under each business division.
Therefore, the Group is comprised of segments that are classified according to products and services based on its business divisions. The reportable segments of the Group are "Specialty Steel and Wire Products Division" and "Induction Heating Division."
"Specialty Steel and Wire Products Division" manufactures PC steel bars, deformed PC steel bars and shear reinforcement for civil engineering and construction, high-strength spring steel wire (ITW) mainly used for suspension springs for automobiles and two-wheeled vehicles, and automotive parts and construction machine parts, etc. "Induction Heating Division" is not only engaged in induction heat treatment service of critical safety parts for automobiles and machining equipment, etc., but also manufactures induction heating equipment for each industrial field.
Calculation methods of net sales, profit (loss), assets, liabilities and other items by reportable segment
Reportable segment profit consists of figures based on operating income (after amortization of goodwill). Inter-segment net sales and transfers are based on market price.
Information on the amount of net sales, profit (loss), assets, liabilities and other items by reportable segment For the fiscal year ended March 31, 2025 (from April 1, 2024 to March 31, 2025)
(Million yen)
Reportable segment
Other (Note)
Total
Specialty Steel and
Wire Products Division
Induction Heating Division
Total
Net Sales
Net sales to external customers
36,568
20,851
57,420
143
57,563
Inter-segment net sales or transfers
-
44
44
-
44
Total
36,568
20,896
57,465
143
57,608
Segment profit
180
1,377
1,557
56
1,613
Segment assets
32,611
26,483
59,095
1,751
60,847
Other items
Depreciation
1,200
1,100
2,301
13
2,314
Increase in property, plant and equipment and intangible assets
1,049
1,545
2,594
71
2,666
(Note) The "Other" category represents business segments that are not included in the reportable segments, and covers activities such as real estate leasing business.
For the fiscal year ended March 31, 2026 (from April 1, 2025 to March 31, 2026)
(Million yen)
Reportable segment
Other (Note)
Total
Specialty Steel and Wire Products
Division
Induction Heating Division
Total
Net Sales
Net sales to external customers
36,335
19,526
55,861
2,416
58,277
Inter-segment net sales or transfers
-
76
76
9
86
Total
36,335
19,602
55,937
2,426
58,363
Segment profit
464
1,301
1,766
122
1,888
Segment assets
33,856
27,502
61,359
6,550
67,910
Other items
Depreciation
1,181
1,024
2,205
40
2,246
Increase in property, plant and equipment and intangible assets
877
2,656
3,533
350
3,884
(Note) The "Other" category represents business segments that are not included in the reportable segments, and includes the real estate leasing business and other businesses.
Difference between the total amount of reportable segments and the amount recorded in the consolidated financial statements as well as main components of the differences (items in relation to adjustment of differences)
(Million yen)
Net Sales | For the fiscal year ended March 31, 2025 | For the fiscal year ended March 31, 2026 |
Total amount of reportable segment | 57,465 | 55,937 |
Net sales in "Other" category | 143 | 2,426 |
Elimination of intersegment transactions | (44) | (86) |
Net sales in consolidated financial statements | 57,563 | 58,277 |
(Million yen)
Profit | For the fiscal year ended March 31, 2025 | For the fiscal year ended March 31, 2026 |
Total amount of reportable segment | 1,557 | 1,766 |
Profit in "Other" category | 56 | 122 |
Elimination of intersegment transactions | 3 | 3 |
Operating income in consolidated financial statements | 1,617 | 1,892 |
(Million yen)
Assets | As of March 31, 2025 | As of March 31, 2026 |
Total amount of reportable segment | 59,095 | 61,359 |
Assets in "Other" category | 1,751 | 6,550 |
Corporate assets (Note) | 22,925 | 20,247 |
Elimination of intersegment transactions | (12) | (10) |
Total assets in consolidated financial statements | 83,760 | 88,146 |
(Note) Corporate assets mainly consist of cash and deposits of the parent company, long-term investment funds (investment securities), and assets related to the administrative departments of the Company, all of which do not belong to the reportable segments.
(Million yen)
Other items | Total amount of reportable segment | Other | Adjustment | Amount recorded in consolidated financial statements | ||||
For the fiscal year ended March 31, 2025 | For the fiscal year ended March 31, 2026 | For the fiscal year ended March 31, 2025 | For the fiscal year ended March 31, 2026 | For the fiscal year ended March 31, 2025 | For the fiscal year ended March 31, 2026 | For the fiscal year ended March 31, 2025 | For the fiscal year ended March 31, 2026 | |
Depreciation | 2,301 | 2,205 | 13 | 40 | 20 | 29 | 2,334 | 2,276 |
Increase in property, plant and equipment and intangible assets | 2,594 | 3,533 | 71 | 350 | 50 | 125 | 2,716 | 4,009 |
(Note) The adjustment amounts for increase in property, plant and equipment and intangible assets mainly consist of the amount of capital expenditure related to the administrative departments that do not belong to the reportable segments.