For the Fiscal Year Ended March 31, 2025
SATO SHOJI CORPORATION
TSE Prime Market Code No. 8065
- About Sato Shoji Group 03
- 2025/3 Consolidated Results 16
- 2026/3 Consolidated Forecasts 21
- The 3rd Medium-term Management Plan Initiatives 24
- Action to Implement Management that is Conscious 30
2
3
1. About Sato Shoji Group
Company ProfileCompany name | SATO SHOJI CORPORATION | |
Founded | February 24, 1930 | |
Established | February 5, 1949 | |
Capital | 1,321,368,450 yen | |
Representative Directors | President Tetsuo Nozawa Senior Managing Executive Officer Masami Urano | |
Employees | Consolidated: 1,055 Non-Consolidated: 653 | |
Services and products | Sales in Japan and import/export of Iron & Steel, Non-ferrous Metals, Electronic materials, Machinery, Industrial tools, Lifestyle goods, Precious metals & Jewelry, Material of construction, and Environment-related goods | |
Branch locations | Tokyo Head Quarters and 41 branches in Japan, including Hokkaido, Akita, Niigata, Fukushima, Tochigi, Saitama, Kanagawa, Shizuoka, Aichi, Nagano, Osaka, Hiroshima, Okayama, Fukuoka, and Kumamoto | |
Overseas affiliates | 21 overseas locations in China, Hong Kong, Thailand, Vietnam, Korea, Indonesia, India, Singapore, Taiwan, Cambodia, and Malaysia | |
Banks | Resona Bank, Limited Tokyo-Chuo Branch Joyo Bank, Ltd. Shinjuku Branch Sumitomo Mitsui Banking Corporation Nihonbashi Higashi Branch MUFG Bank, Ltd. Yaesudori Branch Mizuho Bank, Ltd. Tokyo Corporate Banking Dept. | |
Stock listing | Tokyo Stock Exchange Prime Market |
4
1. About Sato Shoji Group
Domestic Bases
41 branches in Japan
Centered on its Tokyo Head Quarters, Sato Shoji has warehouses, machining facilities, and distribution centers in a network of 41 branches in Japan, establishing a system that enables swift responses to customers’ requests. The Iron and Steel Department has coil centers in Tamura-shi in Fukushima Prefecture, Oyama-shi in Tochigi Prefecture, and Fujisawa-shi in Kanagawa Prefecture. We have a variety of equipment and are enhancing our machining and distribution functions to enable us to meet our customers’ strict machining accuracy requirements.
Koriyama Coil Center
Tamura, Fukushima
Tochigi Coil Center
Oyama, Tochigi
Kanagawa Coil Center
Fujisawa, Kanagawa
5
Head Quarters
Branch
Coil center
1. About Sato Shoji Group
Company ProfileDomestic Affiliates
The Sato Shoji Group has 11 subsidiaries and affiliated companies with 14 locations in Japan. They include companies from a variety of industries, with a focus on the Iron & Steel business.
Making effective use of our network of domestic bases and these subsidiaries and affiliated companies spanning the whole of Japan, we will strive to improve sales efficiency and promote the further expansion of our business fields.
1 Consolidated subsidiary
NK TECH NIIGATA K.K.
Iron & Steel product manufacturing
2 Consolidated subsidiary
NIHON YOSHOKKI CO., LTD.
Metal sundries manufacturing
3 Consolidated subsidiary SATO CHEMIGLASS CORPORATION
Tsukuba Techno Center
SEKINE KOZAI K.K.
4 Steel stock sales
SATO GENETEC CORPORATION
5
Operation/management of car parking and bicycle parking lots; Nonlife insurance agent
6 Equity method affiliate
INOUE MATERIAL Co., LTD.
Mineral & Metal material sales
7 Consolidated subsidiary
FUJI JIDOSHA KOGYO CO., LTD.
Atsugi Factory
8 Consolidated subsidiary
FUJI JIDOSHA KOGYO CO., LTD.
Automotive components manufacturing
9
10
11
12
13
14
SHONAN KAKOU K.K.
Steel stock processing
Consolidated subsidiary
DAITO KOGYO CO., LTD.
Steel stock processing and sales
Consolidated subsidiary
METAL ACT CO., LTD.
Iron & Steel sales
Consolidated subsidiary
HANSHIN SPECIAL STEEL CO., LTD.
Iron & Steel sales
Consolidated subsidiary
SATO CHEMIGLASS CORPORATION
Processing and sales of glass materials and synthetic resin products
14 12 11
1
2 13
3
4
5
6
8 7 9 10
6
Head Quarters
Branch
Affiliate
1. About Sato Shoji Group
Company ProfileOverseas Bases
21 overseas locations
Our first step overseas was the establishment of SATO SHOJI HONG KONG CO., LTD. in 2004. Since then, the Sato Shoji Group has established business bases in 21 locations in 11 countries and regions. United as one, the Group will work together to strengthen and expand our overseas business, with a particular focus on the Asian region.
Consolidated subsidiary ● Equity method affiliate
Overseas Sales Companies
A
SATO SHOJI HONG KONG CO., LTD.●
Electronic materials sales
B
SATO SHOJI SHANGHAI CO., LTD.●
Iron & Steel, Non-ferrous Metals and Electronic materials sales
C
CHANGZHOU BRANCH
Iron & Steel and Non-ferrous Metals sales; Steel material warehouses
D
SATO CHEMICAL GLASS (SUZHOU) CO., LTD.
Synthetic resins and Glass products sales
E
SATO SHOJI (GUANGZHOU) CO., LTD.●
Electronic materials and Iron & Steel sales
F
SATO SHOJI KOREA CO., LTD.
Electronic materials and Iron & Steel sales
G
SATO-SHOJI (THAILAND) CO., LTD.●
Iron & Steel, Electronic materials, and Non-ferrous Metals sales
H
SATO TECHNO SERVICE (THAILAND) CO., LTD.
Machining tools sales; Machinery repair services
SATO-SHOJI (VIETNAM) CO., LTD.●
I
Non-ferrous Metals and Iron & Steel sales
J
HANOI BRANCH
Iron & Steel and Non-ferrous Metals sales
K
SATO-SHOJI (CAMBODIA) CO., LTD.
Non-ferrous Metals sales
L
SATO SHOJI ASIA PACIFIC PTE. LTD.●
Electronic materials sales
M
PT. SATO-SHOJI INDONESIA●
Iron & Steel and Non-ferrous Metals sales
N
SATO-SHOJI INDIA PRIVATE LIMITED
Iron & Steel and Non-ferrous Metals sales
O
PS DEVICE & MATERIAL INC.
Electronic materials sales
P
SATO SHOJI MALAYSIA SDN. BHD.
Electronic materials sales
Joint Venture Manufacturing Companies
Q
SOGABE (SUZHOU) GEAR REDUCER CO., LTD.
Manufacturing of Gear reducers
R
UCHIDA-SATO TECH (THAILAND) CO., LTD.
Manufacturing of Die holders for forging
S
YUASA SATO (THAILAND) CO., LTD.●
Manufacturing of Crankshafts
THAI KJK CO., LTD.
T
Manufacturing of Automotive components
U
POLYHOSE SATO SHOJI
METAL WORKS PRIVATE LIMITED
Steel stock processing and Can fabrication
SATO-SHOJI (THAILAND)
Electronics Dept. warehouse
7
1. About Sato Shoji Group
Services and ProductsIron and Steel Dept.
“Iron and Steel” will retain a leading role throughout the 21st century
Machinery and Tools Dept.
Factory automation advisory services to reinforce manufacturing operations
Non-ferrous Metals Dept.
Proactive development from raw ore into new materials and onto leading-edge high-tech fields
Life Sales Dept.
We offer a lifestyle based on design
Electronics Dept.
Providing a bridge between innovative technologies and products for our age
Business Development Dept.
Solutions to environmental problems
8
1. About Sato Shoji Group
Strengths
Diverse product lineup | We provide a wide variety of iron and steel products, including normal steel, specialty steel, and construction materials, both in Japan and overseas. |
Robust supply chain both in Japan and overseas | We respond swiftly to the needs of customers both in Japan and overseas with our optimized logistics network and advanced inventory management. |
Strong support for specific industries | We offer services specialized in industries with a high degree of expertise, such as the automotive, construction, and industrial machinery fields. |
Overseas development | We are expanding overseas to meet customer needs and explore new markets, and respond to various needs in local markets. |
Blast furnace manufacturers
Electric furnace manufacturers
Commercial vehicles
Construction industry
Construction machinery
Agricultural machinery
9
1. About Sato Shoji Group
Strengths
Broad procurement sources in Japan We seek out procurement sources in Japan and overseas on a daily basis. and overseas |
Just-in-time logistics responses We have depot functions utilizing partner companies in Japan, Thailand, Vietnam, Indonesia, and India. |
Cooperation with overseas partners We work with overseas partners even in countries where we do not have our own Non-ferrous Metals Department sales staff stationed. |
Domestic suppliers
Overseas suppliers
Goods handled
① Non-ferrous metal business
Aluminum ingots and alloy
② Non-ferrous metal raw materials business
Metallic silicon
➃ Processed parts business
Secondary metalworking manufacturers
Primary metalworking manufacturers
Automotive manufacturers • Tier 1 manufacturers
Commercial vehicle • Tier 2 manufacturers manufacturers
Material and parts supply Depot functions
⑤ Non-ferrous die-casting peripheral equipment
business
We build commercial distribution including exports to and imports from domestic/overseas suppliers and trilateral trade, responding to regulatory requirements of destination countries and customers needs.
Partner metalworking manufacturers
In addition to material supply, we are able to supply finished
③ Non-ferrous material business
Aluminum rolling/Extruded material/Super alloys
Casting, pressing, cutting, assembly, etc.
products and assemblies in cooperation with partner companies in Japan and overseas.
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About Sato Shoji Group
Electronics Dept.Aggressive overseas Overseas sales accounts for about 70% of Electronics Department sales. We capture further growth opportunities by establishing new
expansion overseas bases and expanding sales in overseas markets.
Offering diverse goods We handle a wide variety of materials from Japan and overseas, stocking them in warehouses in Japan and overseas. We procure
goods globally to meet customers’ needs.
Proposal of new products We make proposals about robots, mainly to the printed circuit board industry, to solve issues related to automatization and labor-saving.
Strengths
Proposal of materials and products using our network
Materials
Processing manufacturers
Installers / End users
Manufacturers
PCB
Semiconductors
Electronic components
Resin processing
Air conditioning equipment
HDD
EMS
We offer one-stop services that leverage warehouse functions and infrastructure in individual locations, focusing mainly on Asia. We also help our customers to reduce their logistics costs.
Resins
Materials
Customers’ factories
Metalwork
Processed film products
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Japan • Southeast
China
Korea
Asia
India, etc.
1. About Sato Shoji Group
Strengths
Diverse product lineup We handle diverse products from more than 250 companies in Japan and overseas, such as machining tools, forging machines, robots, and cutting tools, to meet a wide range of needs. |
One-stop solutions We offer one-stop solutions from proposals to logistics, installation, and after-sales service. |
Commercial vehicles
Automobiles
Automotive components
Construction machinery
Agricultural machinery
Industrial machinery
Shipbuilding
Domestic machinery manufacturers
Overseas machinery manufacturers
Forging machines
FA equipment/ Automation robots
Machining tools
Suppliers Customers (manufacturers)
Key products handled
Surface treatment apparatus/
Die-casting machines
Cutting tools
12
1. About Sato Shoji Group
Strengths
We handle a diverse range of products, with a focus on houseware. |
We develop products by understanding consumers’ needs and wants, and use a market-oriented sales strategy to bring products that consumers are seeking to market. |
Our integrated system covers planning, development, production, and sales of original brands. |
We develop products in collaboration with industrial designers. |
Own factory
Manufacturers/partner
factories in Japan and overseas
Food-service supplies for commercial use
Silverware / Kitchen utensils
Suppliers
Customers
Home appliances
Cooking, beauty, entertainment appliances, electric scooters
Houseware
Kitchenware Dinnerware
Directly managed stores
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Trading companies / Wholesalers
Distance selling e-commerce Catalog selling TV shopping
Food service Hotel chains Restaurant chains
Ocean cruise liners
Overseas
Distributors
Retailers
Lifestyle shops
GMS / Food supermarkets Appliance stores
Owned shops
Brands we handle
Martian, D&S, KEVNHAUN, ON STAGE, Sori Yanagi, DANSK, Segway-Ninebot
OEM
development
1. About Sato Shoji Group
Strengths
We handle a wide range of environmentally conscious products of manufacturers that have their own technologies. We propose improvements for the global environment and working environments. |
We have fully established work management systems in compliance with laws and regulations. Our employees qualified as operation and management engineers manage the entire process from proposal to installment. |
Mainly customers of the Iron and Steel Dept.
Commercial vehicle manufacturers
Construction machinery manufacturers
Fabricators
General contractors, etc.
(Installation in factories, offices, etc.)
Environmentally conscious product manufacturers
Building and roof renovation/repair
Suppliers Customers
Commercialization by joint development with major Japanese manufacturers
LED lighting
Partnering with industry-leading crane manufacturer
Overhead cranes
Key products handled
Cooling equipment
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About Sato Shoji Group
Sato Shoji’s StrengthsIndependent steel trading company
Customer-oriented service provision
From its unique position and competitive strengths as an independent steel trading company that links users and manufacturers directly, Sato Shoji leverages its flexible and wide-ranging procurement capabilities and quick responsiveness to offer high added value to customers.
Each department offers flexible services in response to customers needs, providing support to a wide range of customers.
Diversified business portfolio
Domestic and overseas network with about 60 locations
A key characteristic of Sato Shoji is its diverse divisions, namely the Iron and Steel, Non-ferrous Metals, Electronics, Machinery and Tools, Life Sales, and Business Development departments, which work for different industries and customer segments. This diversification helps avoid reliance on a single market and diffuses risks.
With 41 locations in Japan and 21 locations overseas, we place importance on a regionally focused approach. In particular, we are expanding our business in the rapidly growing Asian region and enhancing our competitiveness amid the progress of globalization.
Reliability as a partner
Our diversified business operations, including Iron and Steel, Non-ferrous Metals, Electronics, Machinery and Tools, and Life Sales, have enabled Sato Shoji to be more than just a supplier of goods for corporate customers and become their comprehensive business partner.
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- 2025/3 Consolidated Results
16
2025/3 Consolidated Results
Summary of Financial Results2024/3
2025/3
Year-on-year change
Amount
Composition ratio
Amount
Composition ratio
Amount
Percentage
Net sales
273,975
100%
10,577
3.9%
284,552
100%
Gross profit
20,849
7.6%
22,771
8.0%
1,922
9.2%
Selling, general and administrative expenses
14,370
5.2%
15,954
5.6%
1,584
11.0%
Operating profit
6,479
2.4%
6,817
2.4%
338
5.2%
Ordinary profit
7,293
2.7%
7,191
2.5%
(102)
(1.4%)
Profit before income taxes
8,851
3.2%
8,402
3.0%
(449)
(5.1%)
Profit attributable to owners of parent
6,478
2.4%
6,015
2.1%
(463)
(7.1%)
Earnings per share (yen)
306.89
—
285.90
—
—
—
Key Points of Consolidated Financial Results
N e t sales
In the Steel and Non-Ferrous Metals Divisions, sales to key customers in the commercial vehicle and construction machinery industries were sluggish, leading to a year-on-year decline in operating profit.
The Electronics Division saw steady growth in sales of laminated boards for printed circuit boards, as well as strong
exports of materials for LCDs and semiconductors and robust sales of components.
The Life Sales Division achieved higher sales and profits due to strong overseas sales of its own proposed products.
As a result of mutual complementarity among these divisions, both net sales and operating profit reached record highs.
(Millions of yen; %)
Ordinar y profit
In the fiscal year ended March 2024, a one-time dividend income of approximately 200 million yen was recorded due to the corporate reorganization of an unlisted company.
In the fiscal year ended March 2025, non-operating income and expenses were minimally affected by special or one-time factors. Althogh ordinary profit decreased by 102 million yen year-on-year, it would show an increase if these special factors are considered.
Profit
Decrease in Extraordinary Income (275 million yen):
Gain on Sale of Fixed Assets: +475 million yen
Gain on Sale of Investment Securities: △750 million yen
Increase in Extraordinary Losses (73 million yen):
Impairment Loss: +61 million yen
Loss on Sale of Subsidiary Shares: +68 million yen
17
2. 2025/3 Consolidated Results
Net Sales and Profit by SegmentSegment Net Sales Segment Profit (Operating Profit)
(Millions of yen)
300,000
4,602
4,530 4,433
6,889
8,610
6,243
8,141
4,396 9,744
10,000
200,000
10,692
29,163
35,859
3,420
5,455
29,510 35,841 43,633
41,122 39,281 41,954
177,897
6,500
851
57 131
302 241 430
1,190 1,633
154
227
Business Development Machinery and Tools Life Sales
100,000
3,000
1,137
3,391
472
483 588
2,235
3,365
3,947
404
Electronics
Non-ferrous Metals Iron and Steel
151,570
181,785
184,916
0
22/3 23/3 24/3 25/3
-500
-84 -64 -63
4,166
22/3
-35
23/3 24/3 25/3
18
Key
Points
Steel Business: Sales to major clients in the commercial vehicle and construction machinery industries were
sluggish. Compared to the same period of the previous year, net sales decreased by 3,887 million yen, and
operating profit declined by 582 million yen.
Electronics Business: In addition to strong sales of the mainstay product, laminated boards for printed circuit boards, exports of materials for LCDs and semiconductors were robust. Compared to the same period of the
previous year, net sales increased by 7,792 million yen, and operating profit rose by 602 million yen.
2. 2025/3 Consolidated Results
Balance Sheet(Millions of yen)
2024/3 2025/3 YoY change
(Millions of yen)
Current assets
125,596
Current liabilities
92,257
Non-current liabilities
10,431
Net assets 68,454
Non-current assets
45,547
150,000
100,000
50,000
Current assets
128,267
125,596
△2,671
Cash and deposits
3,175
3,912
737
Notes and accounts receivable – trade Electronic recorded monetary claims-operating
91,413
85,195
△6,218
Other assets
33,679
36,489
2,810
Non-current assets
44,602
45,547
945
Property, plant and equipment
21,661
24,587
2,926
Intangible assets
186
208
22
Investments and other assets
22,755
20,751
△2,004
Total assets
172,870
171,143
△1,727
Total liabilities
107,667
102,688
△4,979
Current liabilities
92,128
92,257
129
Non-current liabilities
15,538
10,431
△5,107
Total net assets
65,202
68,454
3,252
Total liabilities and net assets
172,870
171,143
△1,727
Equity ratio
37.5%
39.8%
2.3pt
0
Assets Liabilities and net assets
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Key Points
Tangible Fixed Assets: The main reason for the increase was the land and buildings of the new Shiga Branch, amounting to 2,515 million yen.
Investments and Other Assets: The main reason for the decrease was due to the sale of shares and the mark-to-market valuation of shares.
Non-Current Liabilities: The main reason for the decrease was a reduction in long-term borrowings by 4,516 million yen (however, short-term borrowings increased by 7,896 million yen).
2. 2025/3 Consolidated Results
Cash Flow(Millions of yen)
(3,001)
2,139
2024/3 2025/3 Change
Cash flows from operating activities | 8,229 | 2,139 | (6,090) |
Cash flows from investing activities | (2,727) | (3,001) | (274) |
Cash flows from financing activities | (5,788) | 1,293 | 7,081 |
Others | 115 | 364 | 249 |
(Millions of yen)
364
3,115
CF from operating activities
1,293
CF from
CF from
Other
Cash and cash equivalents at end of period
investing activities
financing activities
3,912
Depreciation | 1,051 | 1,151 | 100 |
Increase(Decrease) in borrowings | (4,161) | 3,000 | 7,161 |
Dividends paid | (1,475) | (1,583) | (108) |
Cash and cash equivalents at end of period
Breakdown of Cash Flows from Investing Activities | |||
Purchase of property, plant and equipment | (4,864) | (4,303) | 561 |
Sale of investment securities | 1,877 | 1,266 | (611) |
Other | 260 | 36 | (224) |
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Key
Points
Operating cash flow was positive at 2,139 million yen, but cash flow from investing activities was negative at 3,141 million yen due to investments, including those for the
new Shiga Branch.
Cash flow from financing activities was 1,293 million yen, and other cash flows were 364 million yen, resulting in an ending balance
of 3,912 million yen.
- 2026/3 Consolidated Forecasts
21
3. 2026/3 Consolidated Forecasts
Results Forecasts for the Fiscal Year Ending March 31, 2026(Millions of yen; %)
2025/3
2026/3 (Forecast)
YoY change
Amount
Composition ratio
Amount
Composition ratio
Amount
Percentage
Net sales
284,552
100%
5,448
1.9%
290,000
100%
Operating profit
6,817
2.4%
6,800
2.3%
(17)
(0.3%)
Ordinary profit
7,191
2.5%
7,200
2.5%
9
0.1%
Profit attributable to owners of parent
6,015
2.1%
5,600
1.9%
(415)
(6.9%)
Earnings per share (yen)
285.90
—
266.14
—
—
—
Future Outlook
Regarding the future outlook, although the economy is expected to continue its gradual recovery due to improvements in employment and
income conditions, numerous concerns persist, including rising energy prices, fluctuations in interest rates and exchange rates, tariff policies under the Trump administration, and geopolitical risks. As a result, the outlook remains uncertain.
Under such circumstances, our group will continue to focus on addressing key challenges to achieve sustainable growth in response to the diversifying environment, guided by the vision of "Three SINKA" set forth in our Third Medium-Term Management Plan.
For the consolidated earnings forecast for the next fiscal year, we anticipate net sales of 290 billion yen, operating profit of 6.8 billion yen, ordinary profit of 7.2 billion yen, and net profit attributable to owners of the parent of 5.6 billion yen.
The forecast for net income is expected to decrease by 415 million yen year-on-year, mainly due to a gain on the sale of fixed assets of 478 million yen recorded in the previous fiscal year.
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2026/3 Consolidated Forecasts
Dividend ForecastDividend Policy
Dividend of at least 30% of consolidated deemed profit* and a minimum annual dividend of 76 yen per share
Dividends of surplus will be paid twice a year in principle: interim and year-end
2024/3
Results
2025/3
Results
(Millions of yen)
2026/3
(Forecast)
100
80
73 yen 76 yen 76 yen
50.0%
40.0%
Dividend per share
73 yen
76 yen
76 yen
Amount of dividends a
1,538
1,599
1,599
Payout ratio
23.8%
26.6%
28.6%
Consolidated profit
6,478
6,015
5,600
Consolidated deemed
profit b
5,059
4,989
4,995
Deemed payout ratio (a/b)
30.4%
32.1%
32.0%
60
30.4%
40
20
32.1%
32.0%
30.0%
20.0%
10.0%
* Consolidated deemed profit: Consolidated ordinary profit x (1 – Effective tax rate)
0 2024/3 2025/3 2026/3
(forecast)
Dividend Deemed payout ratio
0.0%
23
- The 3rd. Medium-term ManagementPlan Initiatives
24
The 3rd Medium-term Management Plan Initiatives
Medium-term Management Plan (FY2023 – FY2025)
Sato Shoji Group’s Managemen t Philosophy
To make wide-reaching contributions to society through distribution and services
25
Third Medium- term Management Plan’s Vision
With “Three SINKA,”
SINKA
Evolution
SINKA
Deepening
SINKA
New challenge
we will respond to the diversifying environment and realize sustainable growth.
4. The 3rd Medium-term Management Plan Initiatives
Major KPIsThird Medium-term Management Plan Period
2026/3
YoY (Growth
Plan Final
Rate of Progress Against Target
Strategy Each indicator 2023/3 2024/3 2025/3
(Forecast)
Rate)
Year Target
2024/3 2025/3
Performance targets | Net sales | 275.0 billion yen | 273.9 billion yen | 284.5 billion yen | 290.0 billion yen | 3.9% | 290.0 billion yen | 94.5% | 98.1% |
Operating profit | 6.1 billion yen | 6.4 billion yen | 6.8 billion yen | 6.8 billion yen | 5.2% | 6.8 billion yen | 95.3% | 100.3% | |
ROIC target | ROIC | 5.2% | 5.5% | 5.3% | ー | ー | 5.0% or more | ー | ー |
Overseas development | Overseas sales | 45.9 billion yen | 46.8 billion yen | 59.2 billion yen | ー | 26.4% | 58.0 billion yen | 80.9% | 102.2% |
Overseas sales ratio | 16.7% | 17.1% | 20.8% | ー | ー | 20% or more | ー | ー | |
Net sales (Millions of yen)
300,000
200,000
100,000
0
275,006
6,136
2023/3
Third Medium-term Management Plan period
273,975 284,552 290,000
6,479 6,817 6,800
2024/3 2025/3 2026/3
(Forecast)
Operating profit (Millions of yen)
For the fiscal year ending March 2025, consolidated net sales increased by 3.9% year-on-year, while operating profit rose by 5.2%. The progress rate toward the final year of the medium-term plan was 98.1% for net sales and 100.3% for operating profit.
ROIC for the fiscal year ending March 2025 was 5.3%, maintaining a level above the final year target of 5.0%.
Overseas sales for the fiscal year ending March 2025 reached 59.2 billion yen, with an overseas sales ratio of 20.8%, both achieving the final year targets.
7,500
5,000
2,500
0
26
4. The 3rd Medium-term Management Plan Initiatives
Progress of Capital Policies1 Medium- to Long-term Growth Investments
3-Year Total Investment Target 13.0 billion yen or more
The cumulative total amount invested over the two years of FY2024/3 and FY2025/3 was 9.8 billion yen.
The rate of progress to date against the 3-year total investment target of 13.0 billion yen or more is 74.7%.
(Millions of yen) (Millions of yen)
Sites/facilities 9,000
Sites/facilities*1
Section 2, Iron and Steel Dept. Land for new Urayasu warehouse, etc.
FUJI JIDOSHA KOGYO CO., LTD.
Atsugi Factory construction, etc.
Land, buildings, and other facilities of the new Shiga Branch warehouse
91 2,758
872 1,990
2,719 2,719
Other investments 212 764
IT investment
Subtotal 3,894 8,231
IT investment 1,000
Consideration of replacement of core system, etc.
809 1,089
M＆A investments, etc.
3,000
M＆A investments, etc.
Contribution / investment & financing, etc.*2
45 485
ESG investment 200
Total 13,200
ESG investment Solar power generation, etc. 23 57
Total 4,771 9,862
Rate of progress to date against 3-year cumulative investment target
*1. For “sites/facilities,” only actual amounts of key projects for which timely disclosure has been made are presented separately.
*2. For “M&A investments, etc.,” actual amounts on a contract basis are presented.
74.7%
27
Investment Category
3-Year Total Investment (Target)
Investment Category
Details of Investment
Existing Investments 2nd Year of Plan (Results)
Already Invested Amount2-Year Total (Results)
Third Medium-term Management Plan Period
2024/3
(1st Year of Plan)
2025/3
(2nd Year of Plan)
2026/3
(3rd Year of Plan)
The 3rd Medium-term Management Plan Initiatives
Progress of Capital PoliciesUse of and investment in human capital Progress from activities in 2025/3, the 2nd year of the Plan
Strengthening of human resources development
Enhancement of training by job type/generation
YoY change
+66％
2025/3 results
Education/training costs 10 million yen
YoY change
+20％
2026/3 plans
Education/training costs 12 million yen
Strengthening of overseas trainee program
2025/3 results
0 persons posted to Thailand/Indonesia 31 million yen
Equivalent to 2 persons for whole year
2026/3 plans
Increase postings to Thailand by 0 persons
from April 2025 31 million yen
Equivalent to 2 persons for whole year
Further improvement of working environment
Establish working environment to accommodate flexible work styles
Persons newly taking
+3 persons YoY
childcare leave 9 persons
(Male: 0 Female: 0）
With advances in attendance system, encourage work from home
Raising awareness of employee health and safety
0.4 million yen
5.6 million yen
Company subsidies paid to employees Comprehensive medical checkup subsidy 131 persons Vaccine subsidy 112 persons
3.6 million yen
Enrollment in occupational injury insurance for factory accidents
2.6 million yen
24.8 million yen
Improvement of the workplace environment during the summer
Strengthening of security measures
Utilization of diverse talent
Promote new-graduate and mid-career recruitment activities across entire group in Japan and overseas
2025/3
New graduate career-track recruits 14 persons
+2 persons YoY
Mid-career career-track recruits 4 persons
+3 persons YoY
Strengthen recruitment system with establishment of new-graduate recruitment team
Implement curriculum aimed at promoting active participation of female managers
Development of female leaders (supervisory positions)
3 women
Number of employees who switched from general track to regional career track as manager candidates
1 woman
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4. The 3rd Medium-term Management Plan Initiatives
Promotion of Activities Toward Decarbonization (Carbon Neutrality)The status of initiatives conducted during 2024/3, the first year of the Plan, is as follows.
We will continue to promote concrete actions, indicating them with numbers.
Key Themes Specific Initiatives Progress of Initiatives
Transition to a low-carbon society | Promote renewable energy, e.g. solar power generation |
|
2024/5 Result Okayama Steel Stock Center 23 million yen 2024/4 Result New Shiaga Branch Warehouse 23 million yen 2025/8 Plan New Urayasu Warehouse 22 million yen | ||
Promote sales of environmentally conscious products |
|
Solar equipment 52 million yen(+57%) OS cooling, etc. 367 million yen(-15%) Total 882 million yen(-0.1%) | |||
Reduce energy consumption by all companies in the Group | Targets set in the Third Medium-term Management Plan period Reduce by 40% from FY2010 Reduce by 10% from FY2022 |
Compared with FY2022 Down 6% | |||
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- Action to Implement Management that is Conscious of Cost of Capital and Stock Price
30
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Sato Shoji Corporation published this content on May 14, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 14, 2025 at 04:35 UTC.
