Translation
Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.
April 28, 2026
Company name: TAKEBISHI CORPORATION Stock exchange listing: Tokyo
Stock code: 7510 URL https://www.takebishi.co.jp Representative: Representative Director & President Hiroshi Okagaki
Director & Managing Executive Officer
Inquiries:
Business Strategy Office
Takeshi Ohi TEL 075-325-2118
Scheduled date of ordinary general meeting of shareholders: June 25, 2026 Scheduled date to file Securities Report: June 23, 2026
Scheduled date to commence dividend payments: June 8 , 2026 Preparation of supplementary material on financial results: No
Holding of financial results meeting: Yes
(Amounts less than one million yen are rounded down)
Consolidated financial results for the year ended March 31, 2025 (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
Millions of yen
%
Millions of yen
%
Millions of yen
%
Millions of yen
%
Year ended March 31, 2026
109,862
8.8
4,084
19.2
4,453
18.4
2,957
11.2
Year ended March 31, 2025
100,965
(0.4)
3,426
(8.3)
3,761
(3.9)
2,659
6.3
(Note) Comprehensive income: For the fiscal year ended March 31, 2026 ¥4,411 million [62.7%]
For the fiscal year ended March 31, 2025 ¥2,711 million [(37.7)%]
Earnings per share
Diluted earnings per share
Profit attributable to owners of parent/equity
Ordinary profit/total assets
Operating profit/net sales
Yen
Yen
%
%
%
Year ended March 31, 2026
184.63
-
7.0
6.9
3.7
Year ended March 31, 2025
166.21
-
6.7
5.8
3.4
(Reference) Share of profit (loss) of entities accounted for using equity method:
For the fiscal year ended March 31, 2026 ¥－ million
For the fiscal year ended March 31, 2025 ¥－ million
Consolidated financial position
Total assets
Net assets
Equity ratio
Net assets per share
Millions of yen
Millions of yen
%
Yen
As of March 31, 2026
64,889
44,240
68.1
2,758.16
As of March 31, 2025
63,692
40,846
64.1
2,550.49
(Reference) Equity: As of March 31, 2026 ¥44,204 million
As of March 31, 2025 ¥40,821 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
Millions of yen
Millions of yen
Millions of yen
Millions of yen
Year ended March 31, 2026
2,981
(1,804)
(1,158)
8,850
Year ended March 31, 2025
1,819
(95)
(1,310)
8,762
Cash dividends
Annual dividends per share
Total cash dividends (Total)
Dividend payout ratio (Consolidated)
Ratio of dividends to net assets (Consolidated)
1st quarter-end
2nd quarter-end
3rd quarter-end
Fiscal year-end
Total
Yen
Yen
Yen
Yen
Yen
Millions of yen
%
%
Year ended March 31, 2025
-
29.00
-
33.00
62.00
992
37.3
2.5
Year ended March 31, 2026
-
33.00
-
39.00
72.00
1,153
39.0
2.7
Year ending March 31, 2027
(Forecast)
-
35.00
-
45.00
80.00
41.4
Forecast of consolidated financial results for the 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
Earnings per share
Millions of yen
%
Millions of yen
%
Millions of yen
%
Millions of yen
%
Yen
Six months ending
September 30, 2026
55,300
5.9
1,840
(6.8)
2,020
(7.9)
1,320
(12.3)
82.40
Full year
113,000
2.9
4,310
5.5
4,610
3.5
3,100
4.8
193.20
Notes
Changes in significant subsidiaries during the year ended March 31, 2026
(changes in specified subsidiaries resulting in the change in scope of consolidation): No
Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements Changes in accounting policies due to revisions to accounting standards and other regulations: No Changes in accounting policies due to other reasons: No
Changes in accounting estimates: No
Restatement of prior period financial statements: No
Number of issued shares (common shares)
As of March 31, 2026 | 16,028,000 shares | As of March 31, 2025 | 16,006,200 shares |
As of March 31, 2026 | 1,010 shares | As of March 31, 2025 | 1,010 shares |
Total number of issued shares at the end of the period (including treasury shares) Number of treasury shares at the end of the period
Average number of shares during the period
Year ended March 31, 2026 | 16,020,282 shares | Year ended March 31, 2025 | 15,998,975 shares |
(Millions of yen) | ||
As of March 31, 2025 | As of March 31, 2026 | |
Assets | ||
Current assets | ||
Cash and deposits | 8,960 | 9,022 |
Notes and accounts receivable - trade, and contract assets | 26,225 | 25,177 |
Electronically recorded monetary claims - operating | 4,477 | 3,847 |
Securities | 7 | 700 |
Merchandise | 9,834 | 9,103 |
Work in process | 76 | 101 |
Other | 1,398 | 1,717 |
Allowance for doubtful accounts | △104 | △86 |
Total current assets | 50,876 | 49,583 |
Non-current assets | ||
Property, plant and equipment | ||
Buildings and structures | 5,005 | 4,932 |
Accumulated depreciation | △3,113 | △3,108 |
Buildings and structures, net | 1,891 | 1,824 |
Land | 2,105 | 2,106 |
Construction in progress | 16 | 590 |
Other | 790 | 799 |
Accumulated depreciation | △603 | △575 |
Other, net | 187 | 224 |
Total property, plant and equipment | 4,200 | 4,745 |
Intangible assets | ||
Software | 49 | 30 |
Software in progress | 188 | 524 |
Goodwill | 775 | 384 |
Customer-related intangible assets | 513 | 355 |
Other | 20 | 20 |
Total intangible assets | 1,546 | 1,314 |
Investments and other assets | ||
Investment securities | 5,666 | 7,746 |
Deferred tax assets | 148 | 157 |
Retirement benefit asset | 325 | 484 |
Other | 946 | 898 |
Allowance for doubtful accounts | △19 | △40 |
Total investments and other assets | 7,068 | 9,245 |
Total non-current assets | 12,816 | 15,306 |
Total assets | 63,692 | 64,889 |
(Millions of yen) | ||
As of March 31, 2025 | As of March 31, 2026 | |
Liabilities | ||
Current liabilities | ||
Notes and accounts payable - trade | 13,999 | 10,922 |
Electronically recorded obligations - operating | 1,377 | 1,867 |
Short-term borrowings | 1,395 | 1,365 |
Current portion of long-term borrowings | - | 100 |
Accounts payable - other | 1,418 | 1,512 |
Income taxes payable | 1,109 | 831 |
Provision for bonuses | 933 | 1,186 |
Other | 1,067 | 806 |
Total current liabilities | 21,300 | 18,591 |
Non-current liabilities | ||
Long-term borrowings | 100 | - |
Long-term accounts payable - other | 27 | 27 |
Deferred tax liabilities | 962 | 1,568 |
Deferred tax liabilities for land revaluation | 5 | 5 |
Provision for retirement benefits for directors (and other officers) | 40 | 39 |
Retirement benefit liability | 277 | 292 |
Asset retirement obligations | 26 | 26 |
Other | 105 | 96 |
Total non-current liabilities | 1,545 | 2,057 |
Total liabilities | 22,845 | 20,649 |
Net assets | ||
Shareholders' equity | ||
Share capital | 3,428 | 3,448 |
Capital surplus | 4,102 | 4,122 |
Retained earnings | 28,868 | 30,769 |
Treasury shares | △0 | △0 |
Total shareholders' equity | 36,399 | 38,340 |
Accumulated other comprehensive income | ||
Valuation difference on available-for-sale securities | 2,570 | 3,906 |
Revaluation reserve for land | △1,140 | △1,140 |
Foreign currency translation adjustment | 2,736 | 2,765 |
Remeasurements of defined benefit plans | 254 | 333 |
Total accumulated other comprehensive income | 4,421 | 5,864 |
Non-controlling interests | 25 | 35 |
Total net assets | 40,846 | 44,240 |
Total liabilities and net assets | 63,692 | 64,889 |
(Millions of yen) | ||
Fiscal year ended March 31, 2025 | Fiscal year ended March 31, 2026 | |
Net sales | 100,965 | 109,862 |
Cost of sales | 86,600 | 94,144 |
Gross profit | 14,365 | 15,718 |
Selling, general and administrative expenses | 10,938 | 11,634 |
Operating profit | 3,426 | 4,084 |
Non-operating income | ||
Interest income | 40 | 59 |
Dividend income | 147 | 172 |
Purchase discounts | 24 | 59 |
Rent income | 55 | 56 |
Insurance claim income | 55 | - |
Reversal of allowance for doubtful accounts | 57 | - |
Foreign exchange gains | - | 22 |
Other | 32 | 44 |
Total non-operating income | 414 | 415 |
Non-operating expenses | ||
Interest expenses | 19 | 16 |
Rental costs | 22 | 24 |
Foreign exchange losses | 33 | - |
Other | 5 | 5 |
Total non-operating expenses | 80 | 46 |
Ordinary profit | 3,761 | 4,453 |
Extraordinary income | ||
Gain on sale of non-current assets | 0 | - |
Gain on sale of investment securities | 592 | - |
Total extraordinary income | 592 | - |
Extraordinary losses | ||
Loss on sale and retirement of non-current assets | 12 | 5 |
Impairment losses | 71 | - |
Total extraordinary losses | 84 | 5 |
Profit before income taxes | 4,269 | 4,448 |
Income taxes - current | 1,641 | 1,530 |
Income taxes - deferred | △39 | △50 |
Total income taxes | 1,602 | 1,480 |
Profit | 2,666 | 2,967 |
Profit attributable to non-controlling interests | 7 | 9 |
Profit attributable to owners of parent | 2,659 | 2,957 |
(Millions of yen) | ||
Fiscal year ended March 31, 2025 | Fiscal year ended March 31, 2026 | |
Profit | 2,666 | 2,967 |
Other comprehensive income | ||
Valuation difference on available-for-sale securities | △1,019 | 1,336 |
Revaluation reserve for land | △0 | - |
Foreign currency translation adjustment | 1,009 | 29 |
Remeasurements of defined benefit plans, net of tax | 54 | 78 |
Total other comprehensive income | 45 | 1,443 |
Comprehensive income | 2,711 | 4,411 |
Comprehensive income attributable to | ||
Comprehensive income attributable to owners of parent | 2,705 | 4,397 |
Comprehensive income attributable to non-controlling interests | 6 | 13 |
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 | 3,406 | 4,080 | 27,201 | △0 | 34,687 |
Changes during period | |||||
Issuance of new shares | 22 | 22 | 44 | ||
Dividends of surplus | △991 | △991 | |||
Profit attributable to owners of parent | 2,659 | 2,659 | |||
Net changes in items other than shareholders' equity | |||||
Total changes during period | 22 | 22 | 1,667 | - | 1,711 |
Balance at end of period | 3,428 | 4,102 | 28,868 | △0 | 36,399 |
Accumulated other comprehensive income | Non-controlling interests | Total net assets | |||||
Valuation difference on available-for-sale securities | Revaluation reserve for land | Foreign currency translation adjustment | Remeasurements of defined benefit plans | Total accumulated other comprehensive income | |||
Balance at beginning of period | 3,590 | △1,140 | 1,726 | 199 | 4,376 | 17 | 39,081 |
Changes during period | |||||||
Issuance of new shares | 44 | ||||||
Dividends of surplus | △991 | ||||||
Profit attributable to owners of parent | 2,659 | ||||||
Net changes in items other than shareholders' equity | △1,019 | △0 | 1,009 | 54 | 45 | 7 | 52 |
Total changes during period | △1,019 | △0 | 1,009 | 54 | 45 | 7 | 1,764 |
Balance at end of period | 2,570 | △1,140 | 2,736 | 254 | 4,421 | 25 | 40,846 |
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 | 3,428 | 4,102 | 28,868 | △0 | 36,399 |
Changes during period | |||||
Issuance of new shares | 19 | 19 | 39 | ||
Dividends of surplus | △1,057 | △1,057 | |||
Profit attributable to owners of parent | 2,957 | 2,957 | |||
Net changes in items other than shareholders' equity | |||||
Total changes during period | 19 | 19 | 1,900 | - | 1,940 |
Balance at end of period | 3,448 | 4,122 | 30,769 | △0 | 38,340 |
Accumulated other comprehensive income | Non-controlling interests | Total net assets | |||||
Valuation difference on available-for-sale securities | Revaluation reserve for land | Foreign currency translation adjustment | Remeasurements of defined benefit plans | Total accumulated other comprehensive income | |||
Balance at beginning of period | 2,570 | △1,140 | 2,736 | 254 | 4,421 | 25 | 40,846 |
Changes during period | |||||||
Issuance of new shares | 39 | ||||||
Dividends of surplus | △1,057 | ||||||
Profit attributable to owners of parent | 2,957 | ||||||
Net changes in items other than shareholders' equity | 1,336 | - | 29 | 78 | 1,443 | 9 | 1,453 |
Total changes during period | 1,336 | - | 29 | 78 | 1,443 | 9 | 3,393 |
Balance at end of period | 3,906 | △1,140 | 2,765 | 333 | 5,864 | 35 | 44,240 |
(Millions of yen) | ||
Fiscal year ended March 31, 2025 | Fiscal year ended March 31, 2026 | |
Cash flows from operating activities | ||
Profit before income taxes | 4,269 | 4,448 |
Depreciation | 510 | 484 |
Impairment losses | 71 | - |
Amortization of goodwill | 408 | 390 |
Increase (decrease) in provision for retirement benefits for directors (and other officers) | 3 | △1 |
Increase (decrease) in provision for bonuses | 100 | 252 |
Increase (decrease) in allowance for doubtful accounts | △65 | 3 |
Increase (decrease) in net defined benefit asset and liability | △32 | △29 |
Interest and dividend income | △188 | △231 |
Interest expenses | 19 | 16 |
Loss (gain) on sale of investment securities | △592 | 1 |
Loss (gain) on sale and retirement of non-current assets | 12 | 5 |
Decrease (increase) in trade receivables | △339 | 1,676 |
Decrease (increase) in inventories | 1,948 | 681 |
Increase (decrease) in trade payables | △3,049 | △2,590 |
Increase (decrease) in accounts payable - other | 83 | 69 |
Increase (decrease) in accrued consumption taxes | △557 | △26 |
Other, net | 577 | △579 |
Subtotal | 3,180 | 4,571 |
Interest and dividends received | 185 | 231 |
Interest paid | △20 | △17 |
Income taxes paid | △1,525 | △1,804 |
Net cash provided by (used in) operating activities | 1,819 | 2,981 |
Cash flows from investing activities | ||
Purchase of securities | - | △700 |
Proceeds from redemption of securities | - | 7 |
Purchase of property, plant and equipment | △101 | △671 |
Proceeds from sale of property, plant and equipment | 0 | - |
Purchase of intangible assets | △173 | △336 |
Purchase of investment securities | △28 | △130 |
Proceeds from sale of investment securities | 687 | - |
Purchase of shares of subsidiaries resulting in change in scope of consolidation | △480 | - |
Other, net | 0 | 25 |
Net cash provided by (used in) investing activities | △95 | △1,804 |
Cash flows from financing activities | ||
Net increase (decrease) in short-term borrowings | △246 | △30 |
Proceeds from long-term borrowings | 100 | - |
Repayments of long-term borrowings | △100 | - |
Dividends paid | △991 | △1,057 |
Other, net | △72 | △71 |
Net cash provided by (used in) financing activities | △1,310 | △1,158 |
Effect of exchange rate change on cash and cash equivalents | 292 | 70 |
Net increase (decrease) in cash and cash equivalents | 706 | 88 |
Cash and cash equivalents at beginning of period | 8,055 | 8,762 |
Cash and cash equivalents at end of period | 8,762 | 8,850 |
-