1941
CHUDENKO CORPORATION
株式会社中電工
Construction
Chudenko Corporation operates as an equipment engineering company in Japan. The company undertakes electrical works, such as light/outlet, image/sound/TV/broadcast, power receiving/transforming, and plant equipment works; energy-related works comprising wind/solar power generation, cogeneration, energy-saving power, and private power generation system works; and environment-related works, including recycling and heat storage system works. It also undertakes electric line/distribution line/leading wire/underground line works; and office/household water and sewerage, and industrial water and sewerage facilities works, as well as constructs, maintains, and repairs roads and architecture. In addition, the company is involved in Internet/intranet, CATV/community wireless system/telephone, LAN, optical and mobile communication, and OA floor equipment, as well as system integration and integrated information wiring works; air-conditioning/cooling, heating/water supply, drainage/sanitation/environment equipment, and clean room system works; and fire-alarm, theft monitoring/alarm, and firefighting/evacuation guidance equipment works. Further, the company engages in building equipment renewal and housing renovation works, as well as pylon works; designs, produces, sells, repairs, installs, and maintains electrical equipment, such as distribution boards, supervisory panels, control boards, power source equipment, communication devices, heavy current devices, various measuring devices, and others; and plans, develops, sells, rents, operates, and maintains software and information processing systems. Additionally, it provides consulting and maintenance services consisting of energy saving diagnosis/support services, as well as disaster prevention and firefighting equipment inspection services. Chudenko Corporation was incorporated in 1944 and is headquartered in Hiroshima, Japan.
Price
¥4,875
Market Cap
¥263.9B
Ent. Value
¥233.8B
Net Cash
est
¥30.2B
Shares Out.
54.1M
P / E
14.3×
EV / EBIT
8.9×
P / Book
1.06×
P / NCAV
3.66×
Div. Yield
1.33%
Financials
| Metric |
FY 2025
TDnet |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| Net Sales | ¥227.8B | ¥221.9B | ¥201.0B | ¥189.0B | ¥190.7B |
| Cost of Sales | ¥183.1B | ¥183.0B | ¥172.5B | ¥165.0B | ¥165.1B |
| Gross Profit | ¥44.8B | ¥38.9B | ¥28.5B | ¥24.0B | ¥25.6B |
| SG&A | ¥18.6B | ¥17.2B | ¥16.6B | ¥15.6B | ¥15.8B |
| Operating Income | ¥26.2B | ¥21.7B | ¥11.9B | ¥8.4B | ¥9.8B |
| Non-Operating Income | ¥2.5B | ¥2.1B | ¥1.8B | ¥2.4B | ¥2.6B |
| Dividend Income | — | ¥824M | ¥625M | ¥580M | ¥585M |
| Interest Income | — | ¥339M | ¥353M | ¥376M | ¥533M |
| Non-Operating Expenses | — | ¥354M | ¥1.0B | ¥12.7B | ¥413M |
| Interest Expense | — | ¥0M | ¥0M | ¥7M | ¥0M |
| Ordinary Income | ¥27.5B | ¥23.4B | ¥12.7B | ¥-1.9B | ¥12.0B |
| Pre-tax Income | ¥26.8B | ¥22.6B | ¥12.6B | ¥-3.2B | ¥11.1B |
| Income Taxes | ¥8.0B | ¥2.5B | ¥4.5B | ¥3.5B | ¥4.0B |
| Current Tax | — | ¥3.0B | ¥5.1B | ¥3.7B | ¥4.1B |
| Deferred Tax | — | ¥-520M | ¥-618M | ¥-167M | ¥-67M |
| Net Income (owners) | ¥18.5B | ¥19.9B | ¥7.9B | ¥-6.9B | ¥6.7B |
| Minority Interest | — | ¥193M | ¥170M | ¥241M | ¥412M |
| Comprehensive Income | — | ¥22.1B | ¥19.0B | ¥-7.1B | ¥5.5B |
| EBITDA | ¥30.1B | ¥26.0B | ¥15.9B | ¥12.0B | ¥13.3B |
| Goodwill Amort. (J-GAAP) | — | ¥646M | ¥640M | ¥644M | ¥741M |
| EPS | ¥341.97 | ¥366.88 | ¥145.37 | ¥-125.62 | ¥120.98 |
| Shares Outstanding | — | 54.1M | 54.2M | 54.8M | 55.1M |
| Shares Issued (total) | — | 58.1M | 58.1M | 58.1M | 58.1M |
| Treasury Shares | — | 4.0M | 3.9M | 3.3M | 3.0M |
| Metric |
FY 2025
TDnet |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ¥317.8B | ¥293.9B | ¥280.5B | ¥272.5B | ¥279.7B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Assets | ¥142.1B | ¥129.7B | ¥122.3B | ¥119.0B | ¥114.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Deposits | ¥30.2B | ¥27.7B | ¥23.1B | ¥18.8B | ¥24.6B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Assets | ¥175.7B | ¥164.2B | ¥158.2B | ¥153.6B | ¥164.8B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | ¥42.4B | ¥40.6B | ¥38.8B | ¥37.9B | ¥35.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill | — | ¥1.5B | ¥2.2B | ¥2.8B | ¥3.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets | — | ¥5.9B | ¥6.8B | ¥7.5B | ¥8.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investment Securities | ¥104.8B | ¥102.7B | ¥100.2B | ¥95.2B | ¥109.2B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Assets | — | ¥3.1B | ¥2.4B | ¥4.8B | ¥4.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | ¥70.0B | ¥64.3B | ¥66.6B | ¥70.4B | ¥63.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ¥58.0B | ¥50.7B | ¥52.5B | ¥47.4B | ¥48.8B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ST Debt | — | — | — | — | ¥133M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Taxes Payable | — | ¥980M | ¥3.4B | ¥1.8B | ¥2.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Liabilities | ¥12.0B | ¥13.6B | ¥14.1B | ¥23.1B | ¥14.6B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Pension Obligations | — | ¥9.3B | ¥11.3B | ¥13.7B | ¥12.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Liab. | — | ¥3.4B | ¥2.0B | ¥1.0B | ¥1.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | ¥247.8B | ¥229.6B | ¥213.9B | ¥202.1B | ¥216.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Stock | — | ¥3.5B | ¥3.5B | ¥3.5B | ¥3.5B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | — | ¥623M | ¥224M | ¥219M | ¥214M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | ¥223.3B | ¥211.6B | ¥197.8B | ¥195.6B | ¥208.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | — | ¥-8.8B | ¥-8.1B | ¥-6.7B | ¥-6.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AOCI | — | ¥19.6B | ¥17.7B | ¥6.8B | ¥7.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | ¥212.7B | ¥206.9B | ¥193.4B | ¥192.6B | ¥205.8B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minority Interests | — | ¥3.0B | ¥2.8B | ¥2.6B | ¥3.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Interest-Bearing Debt ⓘ | — | — | — | — | ¥133M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Cash ⓘ | ¥30.2B | ¥27.7B | ¥23.1B | ¥18.8B | ¥24.5B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV ⓘ | ¥72.1B | ¥65.4B | ¥55.7B | ¥48.5B | ¥51.5B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV/Share | — | ¥1,208 | ¥1,028 | ¥885 | ¥935 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | — | ¥3,822 | ¥3,567 | ¥3,514 | ¥3,733 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2025
TDnet |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| Operating CF | ¥29.1B | ¥22.8B | ¥13.7B | ¥6.2B | ¥8.0B |
| Interest Paid | — | ¥0M | ¥0M | ¥-7M | ¥0M |
| Interest Received | — | ¥1.3B | ¥1.1B | ¥1.1B | ¥1.3B |
| D&A | ¥3.9B | ¥3.6B | ¥3.4B | ¥3.0B | ¥2.8B |
| Goodwill Amort. | — | ¥646M | ¥640M | ¥644M | ¥741M |
| Investing CF | ¥-7.1B | ¥-11.5B | ¥-6.1B | ¥4.8B | ¥-4.3B |
| CapEx | ¥4.5B | ¥5.5B | ¥3.4B | ¥4.1B | ¥1.7B |
| Purchase Investments | — | ¥-12.7B | ¥-9.5B | ¥-2.2B | ¥-7.3B |
| Financing CF | ¥-13.0B | ¥-7.6B | ¥-7.3B | ¥-7.5B | ¥-8.5B |
| Dividends Paid | — | ¥-6.1B | ¥-5.7B | ¥-5.7B | ¥-5.8B |
| Share Buybacks | — | ¥-1.4B | ¥-1.5B | ¥-830M | ¥-1.4B |
| LT Debt Repaid | — | — | — | ¥-133M | ¥-399M |
| Free Cash Flow | ¥24.6B | ¥17.2B | ¥10.3B | ¥2.1B | ¥6.3B |
| Net Change in Cash | — | ¥3.8B | ¥442M | ¥3.7B | ¥-4.8B |
| Metric |
FY 2025
TDnet |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| ROE | 7.7% | 9.1% | 3.9% | -3.4% | 3.1% |
| ROA | 6.0% | 6.9% | 2.9% | -2.5% | 2.4% |
| EPS | ¥341.97 | ¥366.88 | ¥145.37 | ¥-125.62 | ¥120.98 |
| DPS | ¥65.00 | ¥120.00 | ¥104.00 | ¥104.00 | ¥104.00 |
| BPS | ¥4,613.43 | ¥4,183.81 | ¥3,893.07 | ¥3,638.70 | ¥3,868.69 |
| FCF/Share | — | ¥318 | ¥191 | ¥38 | ¥114 |
| NCAV/Share | — | ¥1,208 | ¥1,028 | ¥885 | ¥935 |
| Payout Ratio | 19.0% | 32.7% | 71.5% | — | 86.0% |
Capital Allocation Signals 2
| Date | Type | Amount | Summary | |
|---|---|---|---|---|
|
2026-04-28
15:00
|
Div Increase | ¥3.7B ¥70.0/sh +17% | CHUDENKO Kogyo increased FY2026 year-end dividend by 5 yen to 70 yen per share, bringing total annual dividend to 135 ye… | |
|
Summary
CHUDENKO Kogyo increased FY2026 year-end dividend by 5 yen to 70 yen per share, bringing total annual dividend to 135 yen (up 12.5% from prior 120 yen guidance). FY2027 annual dividend is projected at 140 yen with 70 yen interim and 70 yen year-end payments, reflecting sustained shareholder return enhancement under the company's 3.0% DOE policy.
Deadline: 2026-06-25
YoY: +17%
Source (JP)
2026年3月期の1株当たり年間配当金を直近の配当予想の130円から5円増額の135円に変更いたします。これにより、当期の期末配当金は、年間配当金135円から中間配当金65円を除いた70円を予定しております。
2026年3月期の剰余金の配当(増配)及び2027年3月期の配当予想に関するお知らせ
TDnet PDF
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2026-04-28
15:00
|
Cost of Capital | ¥1.0B ¥140.0/sh +8% | Chudenko Corporation updated its capital allocation policy to achieve cost-of-capital-conscious management and improve P… | |
|
Summary
Chudenko Corporation updated its capital allocation policy to achieve cost-of-capital-conscious management and improve PBR. The company targets ROE of 8.5% (FY2026) and 9.0%+ (FY2030), with ¥1 trillion allocated over three years to growth investment (¥600B) and shareholder returns (¥400B). Dividend per share increased from ¥130 to ¥140 for FY2027, with a DOE target of 3.0% and ¥180B authorized for share buybacks.
Deadline: 2027-03-31
YoY: +8%
Source (JP)
中期経営計画2027の3年間で、事業活動および政策保有株式の売却などで獲得した資金1,000億円を成長投資および株主還元に振り向ける。DOE3.0%を目処とし3年間で配当220億円程度、自己株式の取得枠180億円程度を設定
資本コストや株価を意識した経営の実現に向けた対応について(アップデート)
TDnet PDF
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| # | Shareholder | Shares (thou.) | % of Total |
|---|---|---|---|
| 1 |
The Chugoku Electric Power Company, Incorporated
中国電力株式会社
|
21,892,259 | 40.43% |
| 2 |
Japan Master Trust Bank
日本マスタートラスト信託銀行株式会社(信託口)
|
4,538,500 | 8.38% |
| 3 | 中電工従業員株式投資会 | 1,672,160 | 3.08% |
| 4 |
The Chugoku Bank, Limited
株式会社中国銀行
|
1,398,619 | 2.58% |
| 5 |
Japan Custody Bank
株式会社日本カストディ銀行(信託口)
|
1,299,200 | 2.39% |
| 6 | 株式会社もみじ銀行 | 1,172,900 | 2.16% |
| 7 |
Meiji Yasuda Life Insurance
明治安田生命保険相互会社
|
1,129,465 | 2.08% |
| 8 | 株式会社広島銀行 | 1,036,180 | 1.91% |
| 9 | 株式会社山口銀行 | 700,279 | 1.29% |
| 10 |
The San-in Godo Bank,Ltd.
株式会社山陰合同銀行
|
656,481 | 1.21% |
as of 2025-03-31
Source: EDINET ↗
Ownership by year — hover bars for detail
Domestic Nominees
10.8%
+1.0% 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
54.7%
+0.3% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding · top-10 covers 65.5% · grey = other shareholders · 2025
| Shareholder | Trend | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| The Chugoku Electric Power Company, Incorporated 中国電力 | 39.95% | 40.38% | 40.43% +0.05% | |
| Japan Master Trust Bank 日本マスタートラスト信託銀行 | 7.57% | 7.26% | 8.38% +1.12% | |
| 中電工従業員株式投資会 ↑ | 2.25% | 2.38% | 3.08% +0.70% | |
| The Chugoku Bank, Limited 式会社中国銀行 | 2.55% | 2.58% | 2.58% | |
| Japan Custody Bank 日本カストディ銀行 | 2.21% | 2.52% | 2.39% -0.13% | |
| 式会社もみじ銀行 | 2.75% | 2.47% | 2.16% -0.31% | |
| Meiji Yasuda Life Insurance 明治安田生命保険 | 2.06% | 2.08% | 2.08% | |
| 式会社広島銀行 | 1.89% | 1.91% | 1.91% | |
| 式会社山口銀行 | 1.64% | 1.47% | 1.29% -0.18% | |
| The San-in Godo Bank,Ltd. 式会社山陰合同銀行 | 1.19% | 1.21% | 1.21% | |
| Concentration (HHI) ⓘ | 1689 | 1720 | 1742 |
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥28,172M
+50% since 2023
Holdings
49
+2 new
7 exited
Trend
5 building
vs 2023
| Held Company | FY2025 ¥28,172M total | FY2023 ¥18,840M total | |||
|---|---|---|---|---|---|
| Book Val ¥M | Shares | Book Val ¥M | Shares | ||
|
Yamaguchi Finacial Group,Inc.
㈱山口フィナンシャルグループ
|
5,204 |
2,962,127
|
2,405 | 2,962,127 | M |
|
Sumitomo Realty & Development Co.,Ltd.
住友不動産㈱
|
4,837 |
865,000
|
2,579 | 865,000 | M |
|
NITTO DENKO CORPORATION
日東電工㈱
|
2,735 |
+400.0%
↑
1,000,000
|
1,710 | 200,000 | |
|
Murata Manufacturing Co.
㈱村田製作所
|
2,548 |
+200.0%
↑
1,105,335
|
2,962 | 368,445 | |
| SAMAIDEN GROUP. BHD. | 2,111 |
NEW
New
58,333,333
|
— | ||
|
Mitsubishi UFJ Financial Group, Inc.
㈱三菱UFJフィナンシャル・グループ
|
2,019 |
1,004,210
|
851 | 1,004,210 | M |
|
Hirogin Holdings, Inc.
㈱ひろぎんホールディングス
|
1,363 |
1,125,790
|
704 | 1,125,790 | M |
|
Chugin Financial Group, Inc.
㈱ちゅうぎんフィナンシャルグループ
|
1,323 |
792,600
|
704 | 792,600 | M |
|
The San-in Godo Bank,Ltd.
㈱山陰合同銀行
|
1,103 |
850,500
|
628 | 850,500 | M |
|
KDDI CORPORATION
KDDI㈱
|
990 |
210,000
|
859 | 210,000 | |
|
FUKUYAMA TRANSPORTING CO., LTD.
福山通運㈱
|
723 |
200,000
|
718 | 200,000 | M |
|
Mazda Motor Corporation
マツダ㈱
|
553 |
587,600
|
719 | 587,600 | |
|
Sompo Holdings, Inc.
SOMPOホールディングス㈱
|
338 |
+200.0%
↑
74,775
|
130 | 24,925 | M |
|
izumico.,ltd
㈱イズミ
|
316 |
100,000
|
314 | 100,000 | |
|
TODA CORPORATION
戸田建設㈱
|
302 |
343,278
|
237 | 343,278 | |
|
OKUMURA CORPORATION
㈱奥村組
|
274 |
64,600
|
202 | 64,600 | M |
|
Tokio Marine Holdings, Inc.
東京海上ホールディングス㈱
|
215 |
37,500
|
95 | 37,500 | M |
|
NIPPON PAINT HOLDINGS CO.,LTD.
日本ペイントホールディングス㈱
|
201 |
180,000
|
222 | 180,000 | |
|
RETAIL PARTNERS CO., LTD.
㈱リテールパートナーズ
|
200 |
149,000
|
203 | 149,000 | M |
|
RYOBI LIMITED
リョービ㈱
|
179 |
80,200
|
123 | 80,200 | M |
| ㈱ジェイ・エム・エス | 115 |
250,000
|
130 | 250,000 | |
|
FUJI CO., LTD.
㈱フジ
|
75 |
35,000
|
60 | 35,000 | |
|
OHMOTO GUMI CO.,LTD
㈱大本組
|
68 |
+500.0%
↑
55,440
|
67 | 9,240 | M |
| 第一生命ホールディングス㈱ | 60 |
NEW
New
13,400
|
— | ||
|
Kitagawa Corporation
㈱北川鉄工所
|
52 |
43,700
|
47 | 43,700 | M |
|
TOMATO BANK,LTD.
㈱トマト銀行
|
47 |
39,600
|
40 | 39,600 | M |
|
JFE Holdings,Inc.
JFEホールディングス㈱
|
41 |
22,450
|
37 | 22,450 | |
| NTN㈱(※2) | 29 |
121,000
|
40 | 121,000 | |
| ㈱トクヤマ(※1) | 27 |
10,000
|
21 | 10,000 | |
| ㈱大林組(※1) | 21 |
11,000
|
11 | 11,000 | |
| 日本化薬㈱(※1) | 18 |
13,000
|
15 | 13,000 | |
| インフロニア・ホールディングス㈱(※1) | 18 |
15,000
|
15 | 15,000 | |
| ㈱鳥取銀行(※1) | 17 |
13,700
|
15 | 13,700 | M |
| 五洋建設㈱(※1) | 15 |
22,000
|
13 | 22,000 | |
| シャープ㈱(※1) | 9 |
10,000
|
9 | 10,000 | |
| ㈱安藤・間(※1) | 8 |
6,360
|
5 | 6,360 | |
| 品川リフラクトリーズ㈱(※1) | 8 |
+400.0%
↑
5,000
|
4 | 1,000 | |
| ㈱ウッドワン(※1) | 7 |
7,800
|
11 | 7,800 | |
| 戸田工業㈱(※1) | 3 |
3,000
|
7 | 3,000 | |
| 西松建設㈱(※3) | — | — | |||
| 大和重工㈱(※3) | — | — | M | ||
| ㈱淺沼組(※3) | — | — | |||
| 鹿島建設㈱(※3) | — | — | |||
| ㈱ピーエス三菱(※1) | — | — | |||
| UBE㈱(※1) | — | — | |||
| ㈱銭高組(※1) | — | — | |||
|
YONDOSHI HOLDINGS INC.
㈱ヨンドシーホールディングス
|
— | — | M | ||
| 三井住友トラスト・ホールディングス㈱ | — | — | |||
| 東洋証券㈱(※2) | — | — | |||
|
The Ehime Bank, Ltd.
㈱愛媛銀行
|
— |
−100%
Exit
—
|
107 | 127,600 | M |
| Samaiden Group. Bhd. | — |
−100%
Exit
—
|
1,775 | 58,333,333 | |
| 第一生命ホールディングス㈱(※1) | — |
−100%
Exit
—
|
32 | 13,400 | M |
| 西松建設㈱(※1) | — |
−100%
Exit
—
|
7 | 2,200 | |
| 大和重工㈱(※1) | — |
−100%
Exit
—
|
3 | 5,000 | M |
| ㈱淺沼組(※1) | — |
−100%
Exit
—
|
3 | 1,200 | |
| 鹿島建設㈱(※1) | — |
−100%
Exit
—
|
1 | 1,102 | |
| Portfolio total | 28,172 | 18,840 | |||
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding