1946
TOENEC CORPORATION
株式会社トーエネック
Industrials · Engineering & Construction
Toenec Corporation engages in the construction and improvement of social infrastructure in the energy, environment, and information technology fields in Japan. The company constructs electricity distribution routes; underground power distribution lines; solar power and distribution routes; indoor electrical equipment that supports public and commercial facilities; and telecommunications networks, such as installation of base stations for mobile communications, laying optical cables and constructing network systems, and information and communication technology solutions. It also involved in air conditioning, ventilation, sanitation and water supply, and drainage equipment to public facilities and commercial facilities, including hospitals, schools, factories, and buildings, etc.; installs air conditioning and ground water utilization services; pipe laying; fire-control system construction; construction and building works; scaffolding, earthworks, and concrete works; road surfacing; painting; waterproofing work; waterworks; steel-structure construction; machinery and tool installation; interior finishing work; cleaning-facility construction; power generation business; electrical communication construction; and procurement, manufacture, sale, and leasing of control equipment, lighting equipment, wiring materials, electrical appliances, furniture, kitchen equipment, medical equipment, health and hygiene equipment, home-care devices and goods, fitness equipment, sporting goods, apparel, sundry items, building plant and equipment, air-conditioning equipment, compressors, electrical communication equipment, computer systems, data terminals, and related parts. Further,it provides freight vehicles; sells, leases, and manages real estate; invests and finances in other companies; and dispatches manpower. The company was incorporated in 1944 and is headquartered in Nagoya, Japan.
Price
¥2,274
Market Cap
¥211.1B
Ent. Value
¥206.9B
Net Cash
¥4.2B
Shares Out.
92.8M
P / E
11.9×
EV / EBIT
9.7×
P / Book
1.38×
P / NCAV
N/M
Div. Yield
1.23%
Financials
| Metric |
FY 2025
TDnet |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| Net Sales | ¥272.5B | ¥271.0B | ¥252.9B | ¥232.1B | ¥219.6B |
| Cost of Sales | ¥224.0B | ¥230.5B | ¥215.4B | ¥199.7B | ¥184.7B |
| Gross Profit | ¥48.4B | ¥40.5B | ¥37.4B | ¥32.3B | ¥34.9B |
| SG&A | ¥27.0B | ¥24.4B | ¥21.5B | ¥22.0B | ¥20.8B |
| Operating Income | ¥21.4B | ¥16.0B | ¥15.9B | ¥10.3B | ¥14.1B |
| Non-Operating Income | ¥3.1B | ¥1.4B | ¥1.1B | ¥932M | ¥1.6B |
| Dividend Income | — | ¥392M | ¥392M | ¥441M | ¥336M |
| Interest Income | — | ¥71M | ¥35M | ¥51M | ¥109M |
| Non-Operating Expenses | — | ¥2.0B | ¥4.3B | ¥2.2B | ¥2.3B |
| Interest Expense | — | ¥1.9B | ¥2.0B | ¥2.1B | ¥2.1B |
| Ordinary Income | ¥22.6B | ¥15.4B | ¥12.7B | ¥9.0B | ¥13.4B |
| Pre-tax Income | ¥25.5B | ¥16.2B | ¥15.0B | ¥-4.0B | ¥12.0B |
| Income Taxes | ¥7.7B | ¥5.6B | ¥5.6B | ¥1.5B | ¥3.7B |
| Current Tax | — | ¥5.7B | ¥5.8B | ¥2.8B | ¥3.8B |
| Deferred Tax | — | ¥-160M | ¥-153M | ¥-1.3B | ¥-44M |
| Net Income (owners) | ¥17.8B | ¥10.8B | ¥9.3B | ¥-5.5B | ¥8.3B |
| Minority Interest | — | ¥-115M | ¥6M | ¥8M | ¥4M |
| Comprehensive Income | — | ¥10.5B | ¥16.0B | ¥-6.9B | ¥9.1B |
| EBITDA | ¥32.2B | ¥26.8B | ¥26.4B | ¥20.5B | ¥23.4B |
| Goodwill Amort. (J-GAAP) | — | ¥313M | ¥313M | ¥313M | ¥313M |
| EPS | ¥191.87 | ¥115.66 | ¥499.80 | ¥-296.83 | ¥443.23 |
| Shares Outstanding | — | 92.8M | 18.7M | 18.7M | 18.7M |
| Shares Issued (total) | — | 96.6M | 19.3M | 19.3M | 19.3M |
| Treasury Shares | — | 3.8M | 0.6M | 0.6M | 0.6M |
| Metric |
FY 2025
TDnet |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ¥312.1B | ¥310.6B | ¥304.9B | ¥300.2B | ¥301.6B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Assets | ¥149.7B | ¥146.3B | ¥136.5B | ¥125.6B | ¥113.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Deposits | ¥47.8B | ¥43.0B | ¥38.3B | ¥30.1B | ¥29.0B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Inventories | — | ¥105M | ¥115M | ¥117M | ¥111M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Assets | ¥162.3B | ¥164.3B | ¥168.4B | ¥174.5B | ¥188.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | ¥126.9B | ¥127.5B | ¥128.1B | ¥131.9B | ¥145.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill | — | ¥313M | ¥626M | ¥940M | ¥1.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets | — | ¥2.6B | ¥3.4B | ¥4.1B | ¥4.0B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investment Securities | ¥27.3B | ¥26.0B | ¥29.2B | ¥28.4B | ¥28.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Assets | — | ¥4.8B | ¥4.3B | ¥6.9B | ¥4.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | ¥158.9B | ¥173.9B | ¥173.8B | ¥183.0B | ¥175.0B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ¥92.8B | ¥94.3B | ¥83.8B | ¥77.9B | ¥64.7B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ST Debt | ¥16.1B | ¥16.3B | ¥12.1B | ¥9.1B | ¥4.2B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Taxes Payable | — | ¥3.3B | ¥4.4B | ¥1.1B | ¥1.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Liabilities | ¥66.0B | ¥79.5B | ¥90.0B | ¥105.0B | ¥110.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total LT Borrowings | ¥27.5B | ¥28.6B | ¥29.7B | ¥30.8B | ¥31.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Pension Obligations | — | ¥7.9B | ¥11.8B | ¥19.6B | ¥18.7B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | ¥153.2B | ¥136.7B | ¥131.1B | ¥117.2B | ¥126.6B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Stock | — | ¥7.7B | ¥7.7B | ¥7.7B | ¥7.7B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | — | ¥6.9B | ¥6.9B | ¥6.8B | ¥6.8B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | ¥123.3B | ¥110.9B | ¥104.6B | ¥97.3B | ¥105.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | — | ¥-2.2B | ¥-1.5B | ¥-1.5B | ¥-1.5B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AOCI | — | ¥13.4B | ¥13.5B | ¥6.9B | ¥8.2B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | ¥135.7B | ¥123.3B | ¥117.6B | ¥110.3B | ¥118.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minority Interests | — | ¥51M | ¥42M | ¥34M | ¥26M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Interest-Bearing Debt ⓘ | ¥43.6B | ¥44.9B | ¥41.8B | ¥39.9B | ¥36.0B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Cash ⓘ | ¥4.2B | ¥-1.9B | ¥-3.5B | ¥-9.8B | ¥-7.0B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV ⓘ | ¥-9.1B | ¥-27.6B | ¥-37.3B | ¥-57.3B | ¥-61.7B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV/Share | — | ¥-297 | ¥-1,995 | ¥-3,068 | ¥-3,303 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | — | ¥1,328 | ¥6,289 | ¥5,900 | ¥6,333 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2025
TDnet |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| Operating CF | ¥26.1B | ¥19.0B | ¥19.1B | ¥12.6B | ¥5.9B |
| Interest Paid | — | ¥-1.9B | ¥-2.0B | ¥-2.1B | ¥-2.1B |
| Interest Received | — | ¥637M | ¥578M | ¥887M | ¥682M |
| D&A | ¥10.8B | ¥10.4B | ¥10.1B | ¥9.9B | ¥9.0B |
| Goodwill Amort. | — | ¥313M | ¥313M | ¥313M | ¥313M |
| Investing CF | ¥-3.7B | ¥-3.1B | ¥-2.1B | ¥-2.1B | ¥3.0B |
| CapEx | ¥7.1B | ¥6.2B | ¥3.3B | ¥2.4B | ¥5.0B |
| Purchase Investments | — | ¥-42M | ¥-19M | ¥-25M | ¥-149M |
| Proceeds from Invest. | — | ¥2.6B | ¥3.0B | ¥154M | ¥3M |
| Financing CF | ¥-16.7B | ¥-13.7B | ¥-9.9B | ¥-8.4B | ¥-27.5B |
| Dividends Paid | — | ¥-4.5B | ¥-2.1B | ¥-2.5B | ¥-2.4B |
| Share Buybacks | — | ¥-670M | ¥-2M | ¥-2M | ¥-2M |
| LT Debt Repaid | — | ¥-1.1B | ¥-1.1B | ¥-1.1B | ¥-1.1B |
| Free Cash Flow | ¥19.0B | ¥12.9B | ¥15.8B | ¥10.3B | ¥969M |
| Net Change in Cash | — | ¥2.3B | ¥7.4B | ¥2.2B | ¥-18.4B |
| Metric |
FY 2025
TDnet |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| ROE | 12.3% | 8.0% | 7.5% | -4.6% | 6.7% |
| ROA | 5.7% | 3.5% | 3.1% | -1.8% | 2.7% |
| EPS | ¥191.87 | ¥115.66 | ¥499.80 | ¥-296.83 | ¥443.23 |
| DPS | ¥28.00 | ¥130.00 | ¥200.00 | ¥95.00 | ¥135.00 |
| BPS | ¥1,649.40 | ¥1,472.09 | ¥7,010.78 | ¥6,267.16 | ¥6,772.38 |
| FCF/Share | — | ¥139 | ¥845 | ¥549 | ¥52 |
| NCAV/Share | — | ¥-297 | ¥-1,995 | ¥-3,068 | ¥-3,303 |
| Payout Ratio | 14.6% | 112.4% | 40.0% | — | 30.5% |
Event Timeline
S Shareholder
A Capital Signal
Large Shareholder Reports 1
Capital Allocation Signals 2
| Date | Type | Amount | Summary | |
|---|---|---|---|---|
|
2026-04-28
15:40
|
Div Increase | ¥4.5B ¥48.0/sh +60% | Toei Ene announced a year-end dividend of ¥48 per share for FY2026 (ending March 31, 2026), up significantly from ¥30 pe… | |
|
Summary
Toei Ene announced a year-end dividend of ¥48 per share for FY2026 (ending March 31, 2026), up significantly from ¥30 per share in FY2025. Combined with an interim dividend of ¥28 per share, the full-year dividend reaches ¥76 per share, representing a 60% increase year-over-year. Total dividend payout is ¥4.455 billion, with effectiveness on June 26, 2026, reflecting the company's balanced approach to growth investment and shareholder returns under a 40% consolidated payout ratio target.
Deadline: 2026-06-26
YoY: +60%
Source (JP)
上記の方針に基づき、当期の期末配当につきましては、1 株当たり 48 円とさせていただきます。これにより、先に実施いたしました中間配当金 28 円と合わせ、当期の年間配当金は 1 株当たり 76 円となります。
剰余金の配当に関するお知らせ
TDnet PDF
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2026-04-28
15:40
|
Cost of Capital | — | TOENEC revised upward its medium-term business plan (MCP2027) numerical targets following early achievement of prior goa… | |
|
Summary
TOENEC revised upward its medium-term business plan (MCP2027) numerical targets following early achievement of prior goals. Revised FY2028 targets: consolidated net sales ¥3,100B (from ¥2,700B), ordinary profit ¥260B (from ¥180B), and ROE 10.5% (from 8.0%). Company disclosed updated capital cost and share-price-conscious management measures aligned with TSE capital efficiency requirements, emphasizing return on equity improvement and sustained enterprise value creation.
Source (JP)
当社は、本日開催の取締役会において、「中期経営計画2027」の数値目標を見直すとともに、「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」の内容を更新しましたのでお知らせいたします。
中期経営計画2027の数値目標見直しおよび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関するお知らせ
TDnet PDF
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| # | Shareholder | Shares (thou.) | % of Total |
|---|---|---|---|
| 1 | 中部電力株式会社 | 41,406 | 44.61% |
| 2 | トーエネック従業員持株会 | 5,622 | 6.06% |
| 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(信託口)
|
4,139 | 4.46% |
| 4 | トーエネック共栄会 | 3,244 | 3.50% |
| 5 |
Custody Bank of Japan, Ltd. (Trust Account)
株式会社日本カストディ銀行(信託口)
|
1,866 | 2.01% |
| 6 | DFA INTL SMALL CAP VALUE PORTFOLIO (常任代理人 シティバンク、エヌ・エイ東京支店) | 1,059 | 1.14% |
| 7 |
State Street Bank and Trust Company
STATE STREET BANK AND TRUST COMPANY 505001 (常任代理人 株式会社みずほ銀行決済営業部)
|
935 | 1.01% |
| 8 | 株式会社三菱UFJ銀行 | 838 | 0.90% |
| 9 | トーエネック名古屋協力会持株会 | 773 | 0.83% |
| 10 | トーエネック岡崎協力会持株会 | 667 | 0.72% |
as of 2025-03-31
Source: EDINET ↗
Ownership by year — hover bars for detail
Domestic Nominees
6.5%
+0.8% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
1.0%
+1.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
57.8%
-7.7% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding · top-10 covers 65.2% · grey = other shareholders · 2025
| Shareholder | Trend | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 中部電力 | 51.71% | 51.69% | 44.61% -7.08% | |
| トーエネック従業員持株会 | 6.01% | 5.94% | 6.06% +0.12% | |
| 日本マスタートラスト信託銀行 | 4.42% | 4.13% | 4.46% +0.33% | |
| トーエネック共栄会 | 3.36% | 3.39% | 3.50% +0.11% | |
| 日本カストディ銀行 | 1.42% | 1.54% | 2.01% +0.47% | |
| DFA INTL SMALL CAP VALUE PORTFOLIO | 1.15% | 1.15% | 1.14% -0.01% | |
| State Street NEW ENTRY | — | — | — | 1.01% NEW |
| 式会社三菱UFJ銀行 | 1.08% | 1.08% | 0.90% -0.18% | |
| トーエネック名古屋協力会持株会 | 0.75% | 0.78% | 0.83% +0.05% | |
| トーエネック岡崎協力会持株会 | 0.73% | 0.70% | 0.72% +0.02% | |
| トーエネック労働組合 last seen 2024 | Exited Top 10 | 0.70% | 0.70% | — |
| Concentration (HHI) ⓘ | 2747 | 2742 | 2067 |
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥11,656M
-14% since 2023
Holdings
56
+10 new
18 exited
Trend
3 unwinding
vs 2023
| Held Company | FY2025 ¥11,656M total | FY2023 ¥13,495M total | |||
|---|---|---|---|---|---|
| Book Val ¥M | Shares | Book Val ¥M | Shares | ||
|
KDDI CORPORATION
KDDI㈱
|
1,703 |
-60.0%
↓
360,900
|
3,693 | 902,400 | |
|
TOYOTA MOTOR CORPORATION
トヨタ自動車㈱
|
1,689 |
-25.0%
↓
645,685
|
1,618 | 860,985 | |
|
Makita Corporation
㈱マキタ
|
1,497 |
304,002
|
997 | 304,002 | M |
|
OLYMPUS CORPORATION
オリンパス㈱
|
1,318 |
677,200
|
1,570 | 677,200 | |
|
Mitsubishi UFJ Financial Group, Inc.
㈱三菱UFJフィナンシャル・グループ
|
683 |
-20.0%
↓
340,044
|
360 | 425,144 | M |
|
SAPPORO HOLDINGS LIMITED
サッポロホールディングス㈱
|
457 |
60,000
|
204 | 60,000 | |
|
OSG Corporation
オーエスジー㈱
|
403 |
247,363
|
491 | 247,363 | |
|
HONDA MOTOR CO., LTD.
本田技研工業㈱
|
402 |
+50.0%
↑
300,000
|
702 | 200,000 | |
|
AEON Co.,Ltd.
イオン㈱
|
375 |
100,190
|
257 | 100,190 | |
|
Sumitomo Electric Industries, Ltd.
住友電気工業㈱
|
328 |
133,379
|
226 | 133,379 | M |
|
Sumitomo Mitsui Financial Group, Inc.
㈱三井住友フィナンシャルグループ
|
290 |
+139.8%
↑
76,443
|
168 | 31,881 | M |
|
ASAHI GROUP HOLDINGS,LTD.
アサヒグループホールディングス㈱
|
286 |
+200.0%
↑
150,000
|
246 | 50,000 | |
|
Central Japan Railway Company
東海旅客鉄道㈱
|
285 |
+400.0%
↑
100,000
|
316 | 20,000 | |
|
NITTO DENKO CORPORATION
日東電工㈱
|
222 |
+400.0%
↑
81,500
|
139 | 16,300 | |
|
INFRONEER Holdings Inc.
インフロニア・ホールディングス㈱
|
138 |
114,600
|
117 | 114,600 | |
|
FUJIMI INCORPORATED
㈱フジミインコーポレーテッド
|
137 |
+200.0%
↑
72,600
|
176 | 24,200 | |
|
TOYOTA INDUSTRIES CORPORATION
㈱豊田自動織機
|
133 |
10,500
|
77 | 10,500 | |
|
FUJITSU LIMITED
富士通㈱
|
131 |
+900.0%
↑
44,460
|
79 | 4,446 | |
|
SEIBU HOLDINGS INC.
㈱西武ホールディングス
|
112 |
34,200
|
46 | 34,200 | |
|
Panasonic Holdings Corporation
パナソニックホールディングス㈱
|
89 |
50,730
|
59 | 50,730 | |
|
IBIDEN CO.,LTD.
イビデン㈱
|
82 |
20,600
|
108 | 20,600 | |
|
NIPPON THOMPSON CO., LTD.
日本トムソン㈱
|
79 |
+9.4%
↑
163,343
|
86 | 149,347 | |
|
suzuki motor corporation
スズキ㈱
|
76 |
+300.0%
↑
42,000
|
50 | 10,500 | |
|
AICHI CORPORATION
㈱アイチコーポレーション
|
62 |
49,347
|
39 | 49,347 | |
|
AGC Inc.
AGC㈱
|
60 |
+15.8%
↑
13,205
|
56 | 11,402 | |
|
Juroku Financial Group, Inc.
㈱十六フィナンシャルグループ
|
53 |
11,000
|
31 | 11,000 | M |
|
Tokushu Tokai Paper Co.,Ltd.
特種東海製紙㈱
|
52 |
15,000
|
44 | 15,000 | |
|
NTN CORPORATION
NTN㈱
|
45 |
187,242
|
63 | 187,242 | |
|
NISSEI PLASTIC INDUSTRIAL CO.,LTD.
日精樹脂工業㈱
|
44 |
+9.0%
↑
53,359
|
48 | 48,953 | |
|
HIOKI E.E.CORPORATION
日置電機㈱
|
42 |
6,050
|
52 | 6,050 | |
|
The Yokohama Rubber Company,Limited
横浜ゴム㈱
|
41 |
12,075
|
33 | 12,075 | |
|
NIPPON STEEL CORPORATION
日本製鉄㈱
|
39 |
12,400
|
38 | 12,400 | |
|
OKUMA Corporation
オークマ㈱
|
33 |
+100.0%
↑
9,840
|
29 | 4,920 | |
|
FUJI ELECTRIC CO., LTD.
富士電機㈱ (注)4
|
28 |
NEW
New
4,464
|
— | ||
|
AEON Mall Co.,Ltd.
イオンモール㈱
|
26 |
+17.9%
↑
11,524
|
16 | 9,778 | |
|
Howa Machinery, Ltd.
豊和工業㈱
|
22 |
18,356
|
16 | 18,356 | |
|
KITZ CORPORATION
㈱キッツ
|
22 |
18,946
|
17 | 18,946 | |
|
The Hyakugo Bank, Ltd.
㈱百五銀行
|
22 |
30,000
|
11 | 30,000 | |
|
TOPY INDUSTRIES,LIMITED
トピー工業㈱
|
18 |
8,763
|
17 | 8,763 | |
| コカ・コーラ ボトラーズジャパンホールディングス㈱ | 18 |
NEW
New
7,500
|
— | ||
|
MORIYA CORPORATION
㈱守谷商会
|
17 |
4,900
|
11 | 4,900 | |
|
AICHI STEEL CORPORATION
愛知製鋼㈱
|
15 |
NEW
New
2,200
|
— | ||
|
Misonoza Co.
㈱御園座
|
13 |
8,000
|
14 | 8,000 | |
|
Kirin Holdings Company, Limited
キリンホールディングス㈱
|
12 |
5,897
|
12 | 5,897 | |
|
Asahi Diamond Industrial Co.,Ltd.
旭ダイヤモンド工業㈱
|
11 |
+17.3%
↑
13,973
|
11 | 11,910 | |
|
Sharp Corporation
シャープ㈱
|
9 |
NEW
New
10,000
|
— | ||
|
KONICA MINOLTA, INC.
コニカミノルタ㈱
|
8 |
NEW
New
17,853
|
— | ||
|
CHUBU-NIPPON BROADCASTING Co.,LTD.
中部日本放送㈱
|
7 |
NEW
New
11,000
|
— | ||
|
KISSEI PHARMACEUTICAL CO.,LTD.
キッセイ薬品工業㈱
|
6 |
NEW
New
1,771
|
— | ||
|
DIC Corporation
DIC㈱
|
6 |
NEW
New
2,226
|
— | ||
|
譬ェ蠑丈シ夂、セ繝。繝九さ繝ウ
㈱メニコン
|
5 |
NEW
New
4,691
|
— | ||
|
ASAHIMATSU FOODS CO.,LTD.
旭松食品㈱
|
5 |
NEW
New
2,200
|
— | ||
|
Sumitomo Mitsui Trust Group, Inc.
三井住友トラストグループ㈱ (注)5
|
— | — | |||
|
FUJI ELECTRIC ENGINEERING & CONSTRUCTION CO.LTD.
富士古河E&C㈱ (注)4
|
— | — | |||
|
Mizuho Financial Group, Inc.
㈱みずほフィナンシャルグループ
|
— | — | M | ||
|
VALOR HOLDINGS CO.,LTD.
㈱バローホールディングス
|
— | — | |||
| 第一生命ホールディングス㈱ | — |
−100%
Exit
—
|
280 | 115,100 | M |
|
OBAYASHI CORPORATION
㈱大林組
|
— |
−100%
Exit
—
|
205 | 202,625 | |
| ㈱八十二銀行 | — |
−100%
Exit
—
|
103 | 180,850 | M |
|
SHIMIZU CORPORATION
清水建設㈱
|
— |
−100%
Exit
—
|
39 | 52,500 | |
|
MS&AD Insurance Group Holdings, Inc.
MS&ADインシュアランスグループホールディングス㈱
|
— |
−100%
Exit
—
|
21 | 5,344 | M |
|
taisei corporation
大成建設㈱
|
— |
−100%
Exit
—
|
24 | 6,000 | |
|
The Bank of Nagoya, Ltd.
㈱名古屋銀行
|
— |
−100%
Exit
—
|
15 | 5,000 | |
|
Tokai Tokyo Financial Holdings, Inc.
東海東京フィナンシャル・ホールディングス㈱
|
— |
−100%
Exit
—
|
19 | 52,500 | M |
|
ASANUMA CORPORATION
㈱淺沼組
|
— |
−100%
Exit
—
|
14 | 4,640 | |
|
The Ogaki Kyoritsu Bank, Ltd.
㈱大垣共立銀行
|
— |
−100%
Exit
—
|
12 | 6,957 | M |
|
CHIYODA CORPORATION
千代田化工建設㈱
|
— |
−100%
Exit
—
|
10 | 26,736 | |
|
Nomura Holdings Inc.
野村ホールディングス㈱
|
— |
−100%
Exit
—
|
190 | 374,526 | M |
|
MEIDENSHA CORPORATION
㈱明電舎
|
— |
−100%
Exit
—
|
76 | 40,000 | |
|
Daiwa Securities Group Inc.
㈱大和証券グループ本社
|
— |
−100%
Exit
—
|
71 | 115,120 | M |
| 三井住友トラスト・ホールディングス㈱ | — |
−100%
Exit
—
|
25 | 5,533 | |
|
OKAYA&CO.,LTD.
岡谷鋼機㈱
|
— |
−100%
Exit
—
|
20 | 2,000 | M |
|
FUJI ELECTRIC ENGINEERING & CONSTRUCTION CO.LTD.
富士古河E&C㈱
|
— |
−100%
Exit
—
|
18 | 4,800 | |
|
Coca-Cola Bottlers Japan Holdings Inc.
コカ・コーラボトラーズジャパンホールディングス㈱
|
— |
−100%
Exit
—
|
10 | 7,500 | |
| Portfolio total | 11,656 | 13,495 | |||
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding