C.E.Management Integrated Laboratory Co.Ltd provides services in the areas of civil engineering and construction in Japan. The company conducts geological surveys to obtain ground information for the construction for civil engineering structures and buildings; surveys and diagnosis of various infrastructures; disaster prevention systems, including the installation of debris flow warning systems, automatic monitoring systems, and measurement equipment to ensure safety of construction sites; and soil investigation services, such as conducting of surveys and tests in various situations comprising quality control, form control, and data provision. It also conducts surveys and tests on the natural environment, which comprise soil against environmental pollution; and non-destructive testing services, including investigation and diagnosis of social infrastructures, such as roads, railways, ports, airports, water, gas, and electricity, as well as buildings and condominiums. In addition, the company offers survey and design services comprising slope stability analysis consulting, pollution diffusion analysis, and construction drawing creation services; and undertakes soil remediation and ground reinforcement works. C.E.Management Integrated Laboratory Co.Ltd was incorporated in 1985 and is headquartered in Chikuma, Japan.
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Financials
Ownership
Material Events
Income Statement
Balance Sheet
Cash Flow
Ratios & Growth
Metric
FY 2025
EDINET โ
FY 2024
EDINET โ
FY 2023
EDINET โ
FY 2022
EDINET โ
FY 2021
EDINET โ
Net Sales
ยฅ7.7B
ยฅ7.3B
ยฅ7.3B
ยฅ7.0B
ยฅ7.3B
Cost of Sales
ยฅ4.7B
ยฅ4.5B
ยฅ4.6B
ยฅ4.3B
ยฅ4.8B
Gross Profit
ยฅ3.0B
ยฅ2.9B
ยฅ2.7B
ยฅ2.7B
ยฅ2.5B
SG&A
ยฅ2.3B
ยฅ2.3B
ยฅ2.3B
ยฅ2.1B
ยฅ2.0B
Operating Income
ยฅ670M
ยฅ581M
ยฅ474M
ยฅ534M
ยฅ485M
Non-Operating Income
ยฅ50M
ยฅ33M
ยฅ22M
ยฅ38M
ยฅ114M
Dividend Income
ยฅ12M
ยฅ12M
ยฅ11M
ยฅ11M
ยฅ11M
Interest Income
ยฅ3M
ยฅ0M
ยฅ0M
ยฅ1M
ยฅ0M
Non-Operating Expenses
ยฅ13M
ยฅ7M
ยฅ8M
ยฅ7M
ยฅ9M
Interest Expense
ยฅ6M
ยฅ5M
ยฅ5M
ยฅ4M
ยฅ4M
Ordinary Income
ยฅ707M
ยฅ607M
ยฅ488M
ยฅ565M
ยฅ591M
Pre-tax Income
ยฅ731M
ยฅ607M
ยฅ375M
ยฅ556M
ยฅ444M
Income Taxes
ยฅ248M
ยฅ245M
ยฅ185M
ยฅ206M
ยฅ231M
Current Tax
ยฅ242M
ยฅ232M
ยฅ229M
ยฅ205M
ยฅ287M
Deferred Tax
ยฅ5M
ยฅ12M
ยฅ-44M
ยฅ2M
ยฅ-55M
Net Income (owners)
ยฅ483M
ยฅ363M
ยฅ190M
ยฅ350M
ยฅ213M
Comprehensive Income
ยฅ472M
ยฅ410M
ยฅ221M
ยฅ364M
ยฅ230M
EBITDA
ยฅ973M
ยฅ888M
ยฅ834M
ยฅ896M
ยฅ838M
Goodwill Amort. (J-GAAP)
ยฅ65M
ยฅ71M
ยฅ95M
ยฅ90M
ยฅ79M
EPS
ยฅ33.96
ยฅ25.51
ยฅ13.38
ยฅ24.62
ยฅ14.88
Shares Outstanding
14.2M
14.2M
14.2M
14.2M
14.2M
Shares Issued (total)
14.2M
14.2M
14.2M
14.2M
14.2M
Treasury Shares
0.0M
0.0M
0.0M
0.0M
0.0M
Metric
FY 2025
EDINET โ
FY 2024
EDINET โ
FY 2023
EDINET โ
FY 2022
EDINET โ
FY 2021
EDINET โ
Total Assets
ยฅ7.4B
ยฅ7.0B
ยฅ6.9B
ยฅ7.0B
ยฅ6.9B
Current Assets
ยฅ4.3B
ยฅ4.0B
ยฅ3.8B
ยฅ3.7B
ยฅ3.6B
Cash & Deposits
ยฅ2.2B
ยฅ2.3B
ยฅ2.1B
ยฅ1.7B
ยฅ1.8B
Trade Receivables
ยฅ1.1B
ยฅ998M
ยฅ1.0B
ยฅ1.1B
ยฅ1.4B
Inventories
ยฅ1M
ยฅ3M
ยฅ2M
ยฅ3M
ยฅ2M
Non-Current Assets
ยฅ3.0B
ยฅ3.0B
ยฅ3.0B
ยฅ3.3B
ยฅ3.3B
PP&E
ยฅ2.4B
ยฅ2.2B
ยฅ2.1B
ยฅ2.2B
ยฅ2.3B
Goodwill
ยฅ12M
ยฅ77M
ยฅ148M
ยฅ350M
ยฅ300M
Intangible Assets
ยฅ116M
ยฅ206M
ยฅ306M
ยฅ553M
ยฅ539M
Investment Securities
ยฅ346M
ยฅ354M
ยฅ387M
ยฅ343M
ยฅ307M
Deferred Tax Assets
ยฅ110M
ยฅ120M
ยฅ157M
ยฅ165M
ยฅ125M
Total Liabilities
ยฅ2.2B
ยฅ2.2B
ยฅ2.2B
ยฅ2.4B
ยฅ2.6B
Current Liabilities
ยฅ1.4B
ยฅ1.3B
ยฅ1.3B
ยฅ1.2B
ยฅ1.4B
ST Debt
ยฅ187M
ยฅ171M
ยฅ217M
ยฅ217M
ยฅ178M
Taxes Payable
ยฅ145M
ยฅ158M
ยฅ156M
ยฅ45M
ยฅ267M
Non-Current Liabilities
ยฅ756M
ยฅ873M
ยฅ977M
ยฅ1.2B
ยฅ1.2B
Total LT Borrowings
ยฅ219M
ยฅ324M
ยฅ495M
ยฅ708M
ยฅ734M
Pension Obligations
ยฅ357M
ยฅ378M
ยฅ355M
ยฅ329M
ยฅ323M
Total Equity
ยฅ5.2B
ยฅ4.9B
ยฅ4.6B
ยฅ4.6B
ยฅ4.4B
Capital Stock
ยฅ1.2B
ยฅ1.2B
ยฅ1.2B
ยฅ1.2B
ยฅ1.2B
Capital Surplus
ยฅ1.2B
ยฅ1.2B
ยฅ1.2B
ยฅ1.2B
ยฅ1.2B
Retained Earnings
ยฅ2.7B
ยฅ2.4B
ยฅ2.2B
ยฅ2.2B
ยฅ2.0B
Treasury Stock
ยฅ-0M
ยฅ0M
ยฅ0M
โ
โ
AOCI
ยฅ78M
ยฅ89M
ยฅ41M
ยฅ10M
ยฅ-5M
Equity (owners)
ยฅ5.1B
ยฅ4.8B
ยฅ4.6B
ยฅ4.6B
ยฅ4.4B
Total Interest-Bearing Debt โ
ยฅ405M
ยฅ495M
ยฅ712M
ยฅ924M
ยฅ912M
Net Cash โ
ยฅ1.8B
ยฅ1.8B
ยฅ1.4B
ยฅ822M
ยฅ899M
NCAV โ
ยฅ2.1B
ยฅ1.9B
ยฅ1.6B
ยฅ1.2B
ยฅ1.0B
NCAV/Share
ยฅ150
ยฅ132
ยฅ112
ยฅ88
ยฅ71
BV/Share
ยฅ358
ยฅ336
ยฅ323
ยฅ321
ยฅ307
Metric
FY 2025
EDINET โ
FY 2024
EDINET โ
FY 2023
EDINET โ
FY 2022
EDINET โ
FY 2021
EDINET โ
Operating CF
ยฅ490M
ยฅ686M
ยฅ953M
ยฅ329M
ยฅ641M
Taxes Paid
ยฅ-251M
ยฅ-236M
ยฅ36M
โ
โ
Interest Paid
ยฅ-6M
ยฅ-5M
ยฅ-5M
ยฅ-4M
ยฅ-4M
Interest Received
ยฅ15M
ยฅ12M
ยฅ12M
ยฅ11M
ยฅ11M
D&A
ยฅ238M
ยฅ236M
ยฅ264M
ยฅ271M
ยฅ275M
Goodwill Amort.
ยฅ65M
ยฅ71M
ยฅ95M
ยฅ90M
ยฅ79M
Investing CF
ยฅ-219M
ยฅ-111M
ยฅ-82M
ยฅ546M
ยฅ-1.2B
CapEx
ยฅ233M
ยฅ227M
ยฅ53M
ยฅ44M
ยฅ390M
Purchase Investments
ยฅ-30M
ยฅ-0M
ยฅ-0M
ยฅ-30M
โ
Proceeds from Invest.
ยฅ68M
โ
โ
โ
โ
Financing CF
ยฅ-317M
ยฅ-444M
ยฅ-480M
ยฅ-341M
ยฅ364M
Dividends Paid
ยฅ-171M
ยฅ-170M
ยฅ-163M
ยฅ-149M
ยฅ-130M
Share Buybacks
ยฅ-0M
โ
ยฅ0M
โ
ยฅ-143M
LT Debt Repaid
ยฅ-189M
ยฅ-217M
ยฅ-217M
ยฅ-334M
ยฅ-183M
Free Cash Flow
ยฅ257M
ยฅ460M
ยฅ900M
ยฅ286M
ยฅ251M
Net Change in Cash
ยฅ-47M
ยฅ132M
ยฅ392M
ยฅ536M
ยฅ-151M
Metric
FY 2025
EDINET โ
FY 2024
EDINET โ
FY 2023
EDINET โ
FY 2022
EDINET โ
FY 2021
EDINET โ
Return on Equity (ROE) โ
9.6%
7.6%
4.1%
7.8%
4.9%
Return on Assets (ROA) โ
6.7%
5.2%
2.7%
5.0%
3.1%
Gross Margin โ
39.0%
39.0%
37.3%
37.9%
34.5%
Operating Margin โ
8.7%
7.9%
6.5%
7.6%
6.6%
Net Margin โ
6.3%
4.9%
2.6%
5.0%
2.9%
Current Ratio โ
3.03x
3.14x
3.04x
2.95x
2.56x
Quick Ratio โ
3.03x
3.14x
3.04x
2.95x
2.56x
Revenue / Share โ
ยฅ541
ยฅ517
ยฅ516
ยฅ493
ยฅ517
BV/Share โ
ยฅ358
ยฅ336
ยฅ323
ยฅ321
ยฅ307
NCAV/Share โ
ยฅ150
ยฅ132
ยฅ112
ยฅ88
ยฅ71
EPS โ
ยฅ33.96
ยฅ25.51
ยฅ13.38
ยฅ24.62
ยฅ14.88
DPS โ
ยฅ12.00
ยฅ12.00
ยฅ12.00
ยฅ11.00
ยฅ9.50
Payout Ratio โ
35.3%
47.0%
89.7%
44.7%
63.8%
FCF/Share โ
ยฅ18.10
ยฅ32.34
ยฅ63.35
ยฅ20.11
ยฅ17.67
Market Valuation
Avg daily close price for calendar year ร most recently reported EPS / DPS
Metric
CY2023
CY2024
CY2025
Avg P/E โ
22.1ร
EPS from 2023-12
11.8ร
EPS from 2024-12
11.4ร
EPS from 2025-12
Avg Div Yield โ
4.05%
DPS from 2023-12
3.99%
DPS from 2024-12
3.10%
DPS from 2025-12
Avg Daily Close
ยฅ296
ยฅ301
ยฅ388
Growth Rates (CAGR)
Metric
3yr CAGR (FY2022โ2025)
5yr CAGR
Stock Price
+8.0%
+3.3%
Sales
+3.2%
โ
FCF/Share
-3.4%
โ
EPS
+11.3%
โ
DPS
+2.9%
โ
BV/Share
+3.7%
โ
NCAV/Share
+19.7%
โ
No capital allocation signals recorded for this company.
Top 10 Shareholders
Ownership DNA
Large Shareholder Reports 1
#
Shareholder
Shares (thou.)
% of Total
1
Feel
ๆ ชๅผไผ็คพ๏ผฆ๏ฝ
๏ฝ
๏ฝ
3,094,000
2
ไธๅนณ ้ไบ
1,587,400
3
Employee Stock Ownership Plan
ๅๆจ็ฎก็็ทๅ่ฉฆ้จๆๅพๆฅญๅกๆๆ ชไผ
609,165
4
ไธๅนณ ็พๅฅๅญ
444,800
5
ไธๅนณ ็ตต้ๅ
284,000
6
ไธๅนณ ็้ๅฅ
284,000
7
ๆพๆฌๅๅปบๆ ชๅผไผ็คพ
220,500
8
SBI Securities Co., Ltd.
ๆ ชๅผไผ็คพ๏ผณ๏ผข๏ผฉ่จผๅธ
205,600
9
ๅคๆฑ ๆฆฎไธ้
150,000
10
ๆฏ่ข ้ไน
143,000
Domestic Nominees
0.0%
-1.7% vs 2024
Trust bank custodians โ GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
49.4%
+1.3% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2021
2022
2023
2024
2025
43.54%
21.75%
21.78%
21.75%
21.76%
+0.01%
ไธๅนณ ้ไบ
โ
โ
โ
11.16%
11.16%
Employee Stock Ownership Plan
ๅๆจ็ฎก็็ทๅ่ฉฆ้จๆๅพๆฅญๅกๆๆ ชไผ
9.36%
3.99%
3.76%
4.10%
4.28%
+0.18%
ไธๅนณ ็พๅฅๅญ
โ
โ
โ
3.13%
3.13%
ไธๅนณ ็ตต้ๅ
โ
โ
โ
2.00%
2.00%
ไธๅนณ ็้ๅฅ
โ
โ
โ
2.00%
2.00%
ๆพๆฌๅๅปบ
โ
โ
โ
1.34%
1.55%
+0.21%
SBI Securities Co., Ltd.
NEW ENTRY
SBI่จผๅธ
โ
1.21%
โ
โ
1.45%
NEW
ๅคๆฑ ๆฆฎไธ้
NEW ENTRY
โ
โ
โ
โ
โ
1.05%
NEW
ๆฏ่ข ้ไน
โ
โ
โ
1.01%
1.01%
Japan Master Trust Bank
ๆฅๆฌใในใฟใผใใฉในใไฟก่จ้่ก
last seen 2024
Exited Top 10
14.20%
5.66%
4.40%
1.66%
โ
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
ไธ่ฑUFJใขใซใฌใณใปในใฟใณใฌใผ่จผๅธ
last seen 2024
Exited Top 10
โ
โ
โ
1.58%
โ
Custody Bank of Japan, Ltd. (Trust Account)
ๆฅๆฌใซในใใใฃ้่ก
last seen 2023
Exited Top 10
2.02%
1.22%
0.86%
โ
โ
ไธๅนณ้ไบ
last seen 2023
Exited Top 10
22.34%
11.16%
11.18%
โ
โ
ๅผไผ็คพๅ
ซๅไบ้่ก
last seen 2021
Exited Top 10
2.16%
โ
โ
โ
โ
ไธๅนณ็ตต้ๅ
last seen 2023
Exited Top 10
4.00%
1.99%
2.00%
โ
โ
ไธๅนณ็้ๅฅ
last seen 2023
Exited Top 10
4.00%
1.99%
2.00%
โ
โ
ไธๅนณ็พๅฅๅญ
last seen 2023
Exited Top 10
6.26%
3.12%
3.13%
โ
โ
้ทๅถๆๆฅ้ฆ
last seen 2022
Exited Top 10
โ
0.82%
โ
โ
โ
SMBC Nikko Securities Inc.
SMBCๆฅ่่จผๅธ
last seen 2021
Exited Top 10
2.54%
โ
โ
โ
โ
ๆฏ่ข้ไน
last seen 2023
Exited Top 10
โ
โ
1.01%
โ
โ
็ฐไธญๅๆ
last seen 2023
Exited Top 10
โ
โ
1.38%
โ
โ
Concentration (HHI)
โ
2770
667
654
640
641
5 fiscal years ยท top-10 holders per year ยท >2,500 HHI = high concentration ยท entity-resolved
โ CSV
Date Shareholder Stake Event Flag Demands Source
2026-06-01
Yuuji Shimodaira, Minako Shimodaira, Feel Corporation
36.0%
increase
Passive
โ
Date
Category
Summary
Amount
2026-02-24
๐ค Management Change
Board
The company's Board of Auditors resolved on February 20, 2026 to change its certified public accountant auditor firm effective March 23, 2026. Limited Liability Audit Corporation Deloitte Touche Tohmatsu (ๆ้่ฒฌไปป็ฃๆปๆณไบบใใผใใ) will be replaced by Kanade Audit Corporation (ใใชใง็ฃๆปๆณไบบ) as the company's accounting auditor, to be approved at the 41st ordinary general meeting of shareholders.
โ
โบ
Summary
The company's Board of Auditors resolved on February 20, 2026 to change its certified public accountant auditor firm effective March 23, 2026. Limited Liability Audit Corporation Deloitte Touche Tohmatsu (ๆ้่ฒฌไปป็ฃๆปๆณไบบใใผใใ) will be replaced by Kanade Audit Corporation (ใใชใง็ฃๆปๆณไบบ) as the company's accounting auditor, to be approved at the 41st ordinary general meeting of shareholders.
Counterparty: ใใชใง็ฃๆปๆณไบบ (Kanade Audit Corporation); formerly ๆ้่ฒฌไปป็ฃๆปๆณไบบใใผใใ (Deloitte Touche Tohmatsu)
ๅฝ็คพใฎไผ่จ็ฃๆปไบบใงใใๆ้่ฒฌไปป็ฃๆปๆณไบบใใผใใใฏใ2026ๅนด๏ผๆ23ๆฅ้ๅฌไบๅฎใฎ็ฌฌ41ๆๅฎๆๆ ชไธป็ทไผใฎ็ต็ตใฎๆใใใฃใฆไปปๆๆบไบใจใชใใพใใใใฎๅพไปปใจใใฆๆฐใใซใใใชใง็ฃๆปๆณไบบใไผ่จ็ฃๆปไบบใจใใฆ้ธไปปใใใใฎใงใใใพใใ
โ