1848
FUJI P.S CORPORATION
株式会社富士ピー・エス
Industrials · Engineering & Construction
Fuji P.S Corporation engages in the construction business in Japan. The company designs and constructs prestressed concrete structures, including highway and railway bridges, viaducts, general road bridges, water storage tanks, etc.; repair, reinforcement, and renewal of civil engineering structures, such as precast PC deck replacement method, prestressing method, electrochemical corrosion prevention method, etc.; and prestressed concrete buildings comprising PCaPC construction method, FR boards, FC boards, PC rings, and cast-in-place tension construction. It is also involved in the design and construction of earthquake-resistant reinforcement methods for existing buildings; and manufacture and sale of prestressed concrete products, which includes JIS bridge girders, sleepers, desk slabs, etc. The company was incorporated in 1954 and is headquartered in Fukuoka City, Japan.
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Overview
Filings & Signals
Ownership
Financials
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Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥32.2B
¥33.8B
¥28.6B
¥26.8B
¥27.3B
Cost of Sales
¥27.1B
¥29.5B
¥24.8B
¥23.5B
¥23.0B
Gross Profit
¥5.1B
¥4.3B
¥3.8B
¥3.4B
¥4.3B
SG&A
¥3.5B
¥3.4B
¥3.2B
¥3.2B
¥3.2B
Operating Income
¥1.6B
¥885M
¥564M
¥221M
¥1.0B
Non-Operating Income
¥50M
¥88M
¥67M
¥86M
¥124M
Non-Operating Expenses
—
¥122M
¥81M
¥81M
¥60M
Interest Expense
—
¥96M
¥53M
¥35M
¥24M
Ordinary Income
¥1.5B
¥851M
¥550M
¥226M
¥1.1B
Pre-tax Income
¥1.4B
¥3.1B
¥656M
¥226M
¥1.1B
Income Taxes
¥430M
¥916M
¥241M
¥102M
¥336M
Current Tax
—
¥999M
¥198M
¥97M
¥368M
Deferred Tax
—
¥-82M
¥42M
¥4M
¥-31M
Net Income (owners)
¥993M
¥2.2B
¥415M
¥123M
¥775M
Comprehensive Income
—
¥2.1B
¥622M
¥260M
¥773M
EBITDA
¥2.4B
¥1.7B
¥1.3B
¥878M
¥1.6B
Goodwill Amort. (J-GAAP)
—
¥48M
¥48M
¥48M
¥30M
EPS
¥56.23
¥123.27
¥23.38
¥6.96
¥43.71
Shares Outstanding
—
18.0M
18.0M
18.0M
18.0M
Shares Issued (total)
—
18.6M
18.6M
18.6M
18.6M
Treasury Shares
—
0.6M
0.6M
0.6M
0.6M
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥35.6B
¥37.8B
¥33.7B
¥28.8B
¥27.8B
Current Assets
¥25.4B
¥27.9B
¥23.3B
¥19.4B
¥19.1B
Cash & Deposits
¥2.0B
¥3.1B
¥2.2B
¥2.3B
¥3.3B
Non-Current Assets
¥10.2B
¥9.9B
¥10.3B
¥9.4B
¥8.7B
PP&E
¥8.4B
¥8.1B
¥8.6B
¥7.8B
¥7.1B
Goodwill
—
¥324M
¥372M
¥420M
¥468M
Intangible Assets
—
¥460M
¥509M
¥518M
¥547M
Investment Securities
¥174M
¥159M
¥164M
¥159M
¥162M
Deferred Tax Assets
—
¥257M
¥175M
¥237M
¥252M
Total Liabilities
¥22.5B
¥25.4B
¥23.3B
¥18.9B
¥18.0B
Current Liabilities
¥21.0B
¥23.9B
¥20.3B
¥16.5B
¥14.8B
ST Debt
¥10.0B
¥10.1B
¥7.1B
¥5.1B
¥3.1B
Taxes Payable
—
¥974M
¥211M
¥49M
¥169M
Non-Current Liabilities
¥1.5B
¥1.5B
¥3.0B
¥2.4B
¥3.2B
Total LT Borrowings
¥591M
¥657M
¥2.0B
¥1.3B
¥1.9B
Pension Obligations
—
¥651M
¥684M
¥738M
¥945M
Total Equity
¥13.1B
¥12.3B
¥10.4B
¥9.9B
¥9.8B
Capital Stock
—
¥2.4B
¥2.4B
¥2.4B
¥2.4B
Capital Surplus
—
¥1.8B
¥1.8B
¥1.8B
¥1.8B
Retained Earnings
¥9.1B
¥8.3B
¥6.3B
¥6.1B
¥6.1B
Treasury Stock
—
¥-395M
¥-357M
¥-376M
¥-376M
AOCI
—
¥246M
¥296M
¥89M
¥-46M
Equity (owners)
¥12.8B
¥12.1B
¥10.1B
¥9.8B
¥9.9B
Total Interest-Bearing Debt ⓘ
¥10.5B
¥10.8B
¥9.0B
¥6.4B
¥5.0B
Net Cash ⓘ
¥-8.6B
¥-7.7B
¥-6.8B
¥-4.1B
¥-1.7B
NCAV ⓘ
¥3.0B
¥2.4B
¥70M
¥513M
¥1.1B
NCAV/Share
—
¥134
¥4
¥28
¥63
BV/Share
—
¥670
¥561
¥546
¥548
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥418M
¥-2.3B
¥-1.1B
¥-1.2B
¥3.1B
Taxes Paid
—
¥-286M
¥69M
—
—
Interest Paid
—
¥-99M
¥-56M
¥-34M
¥-24M
Interest Received
—
¥2M
¥1M
¥1M
¥1M
D&A
¥805M
¥760M
¥641M
¥609M
¥566M
Goodwill Amort.
—
¥48M
¥48M
¥48M
¥30M
Investing CF
¥-1.1B
¥1.7B
¥-1.5B
¥-1.1B
¥-1.1B
CapEx
¥963M
¥1.7B
¥1.3B
¥1.1B
¥828M
Financing CF
¥-464M
¥1.5B
¥2.4B
¥1.3B
¥-287M
Dividends Paid
—
¥-197M
¥-162M
¥-162M
¥-214M
LT Debt Repaid
—
¥-1.8B
¥-716M
¥-750M
¥-878M
Free Cash Flow
¥-545M
¥-4.0B
¥-2.4B
¥-2.2B
¥2.3B
Net Change in Cash
—
¥881M
¥-118M
¥-934M
¥1.8B
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
7.8%
19.3%
4.1%
1.3%
8.1%
ROA
2.7%
6.1%
1.3%
0.4%
2.8%
EPS
¥56.23
¥123.27
¥23.38
¥6.96
¥43.71
DPS
¥0.00
¥13.00
¥11.00
¥9.00
¥9.00
BPS
¥744.03
¥697.26
¥585.33
¥559.42
¥553.89
FCF/Share
—
¥-221
¥-135
¥-123
¥129
NCAV/Share
—
¥134
¥4
¥28
¥63
Payout Ratio
0.0%
10.5%
47.0%
129.3%
20.6%
Capital Allocation Signals 1
Date
Type
Amount
Summary
2026-05-22
16:00
Div Increase
¥396M ¥22.0/sh
+69%
Fuji P.S. (Code: 1848) announced a dividend increase for fiscal year ending March 31, 2026, with a per-share dividend of…
Summary
Fuji P.S. (Code: 1848) announced a dividend increase for fiscal year ending March 31, 2026, with a per-share dividend of ¥22.00 (up from ¥13.00 in the prior year), representing a 69.2% year-over-year increase. Total dividend payout is ¥396 million, funded from retained earnings, with an effective payment date of June 10, 2026. The company increased the initial forecast of ¥14.00 by ¥8.00 per share, citing strong consolidated performance and enhanced shareholder returns aligned with its VISION2030 medium-term plan targeting 40% dividend payout ratio.
Deadline: 2026-06-10
YoY: +69%
Source (JP)
2026年3月期の期末配当につきましては、当該期の連結業績および株価向上に資する株主還元強化を勘案し、1株当たり配当について当初の14円から8円増配した1株当たり22円を、直近の配当予想の通り当事業年度の期末配当とすることとして
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 1
#
Shareholder
Shares (thou.)
% of Total
1
TAIHEIYO CEMENT CORPORATION
太平洋セメント株式会社
3,221
17.88%
2
Sumitomo Electric Industries, Ltd.
住友電気工業株式会社
2,383
13.23%
3
The Master Trust Bank of Japan, Ltd. (Trust Account)
日本マスタートラスト信託銀行株式会社(退職給付信託口・九州電力株式会社及び九州電力送配電株式会社口)
2,309
12.82%
4
Nishi-Nippon Railroad Co.,Ltd.
西日本鉄道株式会社
773
4.29%
5
Custody Bank of Japan, Ltd. (Trust Account)
みずほ信託銀行株式会社退職給付信託神鋼鋼線工業口再信託受託者株式会社日本カストディ銀行
722
4.00%
6
日鉄SGワイヤ株式会社
423
2.34%
7
Japan Custody Bank
株式会社日本カストディ銀行(信託口)
359
1.99%
8
株式会社渡辺藤吉本店
267
1.48%
9
THE BANK OF FUKUOKA, LTD.
株式会社福岡銀行
261
1.44%
10
株式会社西日本シティ銀行
252
1.39%
Domestic Nominees
18.8%
-1.8% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
42.0%
+1.4% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
TAIHEIYO CEMENT CORPORATION
太平洋セメント
17.88%
17.88%
17.88%
Sumitomo Electric Industries, Ltd.
住友電気工業
13.23%
13.23%
13.23%
Japan Master Trust Bank
日本マスタートラスト信託銀行
15.22%
14.97%
12.82%
-2.15%
Japan Custody Bank
日本カストディ銀行
5.84%
5.66%
5.99%
+0.33%
Nishi-Nippon Railroad Co.,Ltd.
西日本鉄道
4.29%
4.29%
4.29%
日鉄SGワイヤ
2.34%
2.34%
2.34%
式会社渡辺藤吉本店
1.48%
1.48%
1.48%
THE BANK OF FUKUOKA, LTD.
式会社福岡銀行
—
1.44%
1.44%
式会社西日本シティ銀行
NEW ENTRY
—
—
—
1.39%
NEW
SMBC日興証券
last seen 2023
Exited Top 10
1.69%
—
—
Concentration (HHI)
ⓘ
789
779
725
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥44M
+0% since 2023
Holdings
1
Trend
1 building
vs 2023
Held Company
FY2025
¥44M total
FY2023
¥44M total
Book Val ¥M
Shares
Book Val ¥M
Shares
Nishi-Nippon Railroad Co.,Ltd.
西日本鉄道㈱
44
+11.4%
↑
20,897
44
18,759
M
Portfolio total
44
44
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding