7305
ARAYA INDUSTRIAL CO.,LTD.
新家工業株式会社
Iron & Steel
Araya Industrial Co., Ltd. manufactures and sells steel products in Japan and internationally. The company operates through three segments: Steel Pipe-Related Business, Bicycle-Related Business, and Real Estate Leasing Business. The company offers ordinary steel pipes, stainless steel pipes, deformed steel pipes, various shaped steel pipes, and precision parts for OA machines. It also offers wheelchair suspension wheels, wing arms, wheelchair with absolex, and industrial absolex, as well as bicycle rims; and imports and sells bicycles. In addition, the company engages in real estate rental business, including leasing of lands, buildings, and warehouses. The company was founded in 1903 and is based in Osaka, Japan.
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Overview
Filings & Signals
Ownership
Financials
▾ Collapse Charts
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
¥40.4B
¥42.8B
¥44.6B
¥46.4B
¥40.8B
Cost of Sales
¥32.1B
¥35.1B
¥36.7B
¥36.0B
¥31.8B
Gross Profit
¥8.3B
¥7.7B
¥7.8B
¥10.4B
¥9.0B
SG&A
¥6.4B
¥6.1B
¥5.8B
¥5.8B
¥5.6B
Operating Income
¥1.9B
¥1.6B
¥2.1B
¥4.6B
¥3.4B
Non-Operating Income
¥533M
¥431M
¥579M
¥366M
¥463M
Dividend Income
—
¥303M
¥248M
¥208M
¥173M
Interest Income
—
¥19M
¥10M
¥26M
¥30M
Non-Operating Expenses
—
¥167M
¥74M
¥48M
¥66M
Interest Expense
—
¥45M
¥32M
¥34M
¥35M
Ordinary Income
¥2.3B
¥1.9B
¥2.6B
¥4.9B
¥3.8B
Pre-tax Income
¥2.2B
¥2.9B
¥2.6B
¥4.6B
¥3.7B
Income Taxes
¥694M
¥728M
¥847M
¥1.4B
¥1.1B
Current Tax
—
¥805M
¥633M
¥1.5B
¥1.2B
Deferred Tax
—
¥-76M
¥214M
¥-56M
¥-11M
Net Income (owners)
¥1.5B
¥2.1B
¥1.7B
¥3.1B
¥2.6B
Minority Interest
—
¥50M
¥57M
¥135M
¥28M
Comprehensive Income
—
¥1.3B
¥4.3B
¥3.8B
¥3.0B
EBITDA
¥2.8B
¥2.5B
¥2.9B
¥5.5B
¥4.2B
EPS
¥159.55
¥391.71
¥303.94
¥549.86
¥462.17
Shares Outstanding
—
4.8M
5.6M
5.6M
5.6M
Shares Issued (total)
—
6.0M
6.0M
6.0M
6.0M
Treasury Shares
—
1.2M
0.5M
0.5M
0.5M
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥59.5B
¥52.1B
¥58.2B
¥54.0B
¥52.5B
Current Assets
¥29.8B
¥29.2B
¥33.8B
¥33.2B
¥31.8B
Cash & Deposits
¥8.8B
¥6.7B
¥9.4B
¥8.3B
¥8.1B
Trade Receivables
—
¥5.6B
¥6.0B
¥6.8B
¥6.7B
Non-Current Assets
¥29.7B
¥22.9B
¥24.4B
¥20.8B
¥20.7B
PP&E
¥14.1B
¥12.4B
¥12.2B
¥12.3B
¥12.7B
Intangible Assets
—
¥115M
¥209M
¥296M
¥380M
Investment Securities
¥13.5B
¥9.3B
¥10.8B
¥7.7B
¥7.1B
Deferred Tax Assets
—
¥108M
¥106M
¥129M
¥105M
Total Liabilities
¥24.6B
¥20.5B
¥22.2B
¥21.8B
¥23.7B
Current Liabilities
¥17.3B
¥15.6B
¥17.4B
¥17.0B
¥18.2B
Accounts Payable
—
¥7.0B
¥8.2B
¥7.7B
¥9.0B
ST Debt
¥5.2B
¥4.0B
¥4.6B
¥3.9B
¥3.9B
Taxes Payable
—
¥660M
¥31M
¥872M
¥1.1B
Non-Current Liabilities
¥7.3B
¥4.9B
¥4.8B
¥4.8B
¥5.5B
Total LT Borrowings
¥2.5B
¥1.6B
¥1.2B
¥2.3B
¥2.6B
Pension Obligations
—
¥830M
¥799M
¥1.0B
¥1.6B
Deferred Tax Liab.
—
¥1.7B
¥2.1B
¥793M
¥555M
Total Equity
¥34.9B
¥31.6B
¥36.0B
¥32.2B
¥28.8B
Capital Stock
—
¥3.9B
¥3.9B
¥3.9B
¥3.9B
Capital Surplus
—
¥4.7B
¥4.6B
¥4.6B
¥4.6B
Retained Earnings
¥19.7B
¥22.9B
¥22.2B
¥21.1B
¥18.5B
Treasury Stock
—
¥-5.1B
¥-694M
¥-696M
¥-695M
AOCI
—
¥4.7B
¥5.5B
¥2.9B
¥2.3B
Equity (owners)
¥26.5B
¥26.5B
¥30.1B
¥29.0B
¥26.3B
Minority Interests
—
¥463M
¥413M
¥355M
¥208M
Total Interest-Bearing Debt ⓘ
¥7.7B
¥5.7B
¥5.8B
¥6.1B
¥6.5B
Net Cash ⓘ
¥1.1B
¥1.0B
¥3.6B
¥2.1B
¥1.6B
NCAV ⓘ
¥5.2B
¥8.7B
¥11.6B
¥11.4B
¥8.1B
NCAV/Share
—
¥1,812
¥2,085
¥2,041
¥1,460
BV/Share
—
¥5,513
¥5,389
¥5,184
¥4,730
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥3.4B
¥2.7B
¥2.9B
¥2.1B
¥1.2B
Interest Paid
—
¥-45M
¥-32M
¥-34M
¥-35M
Interest Received
—
¥325M
¥263M
¥237M
¥208M
D&A
¥912M
¥862M
¥826M
¥844M
¥773M
Investing CF
¥-1.9B
¥590M
¥-683M
¥-1.1B
¥-849M
CapEx
¥1.5B
¥852M
¥454M
¥1.0B
¥885M
Purchase Investments
—
¥-262M
¥-320M
¥-11M
¥-11M
Proceeds from Invest.
—
¥1.5B
—
—
—
Financing CF
¥648M
¥-6.1B
¥-1.0B
¥-896M
¥-729M
Dividends Paid
—
¥-1.4B
¥-557M
¥-418M
¥-361M
Share Buybacks
—
¥-4.3B
¥0M
¥-29M
¥0M
LT Debt Repaid
—
¥-1.1B
¥-319M
¥-319M
¥-319M
Free Cash Flow
¥1.9B
¥1.9B
¥2.4B
¥1.0B
¥335M
Net Change in Cash
—
¥-2.7B
¥1.1B
¥143M
¥-267M
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
4.6%
6.4%
5.0%
10.1%
9.4%
ROA
2.7%
3.9%
3.0%
5.7%
4.9%
EPS
¥159.55
¥391.71
¥303.94
¥549.86
¥462.17
DPS
¥100.00
¥300.00
¥155.00
¥120.00
¥75.00
BPS
¥3,609.33
¥6,526.80
¥6,396.34
¥5,725.97
¥5,144.71
FCF/Share
—
¥392
¥433
¥183
¥60
NCAV/Share
—
¥1,812
¥2,085
¥2,041
¥1,460
Payout Ratio
62.7%
76.6%
51.0%
21.8%
16.2%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 14
Date Activist Stake Event Flag Demands Source
2025-02-19
Black Clover Limited
4.2%
-7.23%
change
Passive
—
2025-02-19
Asset Value Investors Limited
3.18%
-5.36%
change
Passive
—
2025-02-06
Asset Value Investors Limited
8.54%
+1.03%
change
Passive
—
2024-12-18
Asset Value Investors Limited
7.51%
+1.33%
change
Passive
—
2024-11-22
Asset Value Investors Limited
6.18%
+1.06%
change
Passive
—
2024-08-06
Resona Bank, Limited.
4.01%
change
Passive
—
2024-08-06
Asset Value Investors Limited
5.12%
initial_5pct
Passive
—
2024-07-29
Mitsubishi UFJ Financial Group Inc.
4.96%
-0.24%
change
Passive
—
2024-01-23
Black Clover Limited
11.43%
+1.08%
change
Passive
—
2023-12-04
Mitsubishi UFJ Financial Group Inc.
5.2%
change
Passive
—
2023-11-24
Black Clover Limited
10.35%
+1.04%
change
Passive
—
2023-10-17
Black Clover Limited
9.31%
+1.48%
change
Passive
—
2023-10-12
Black Clover Limited
7.83%
+1.78%
change
Passive
—
2023-10-11
Black Clover Limited
6.05%
initial_5pct
Passive
—
Capital Allocation Signals 2
Date
Type
Amount
Summary
2026-05-13
16:30
Div Increase
¥1.1B ¥220.0/sh
+10%
Shinke Kogyo announced a final dividend of ¥220 per share for FY2026 (ended March 31, 2026), representing a 10% increase…
Summary
Shinke Kogyo announced a final dividend of ¥220 per share for FY2026 (ended March 31, 2026), representing a 10% increase from the prior year's ¥200 per share. Combined with the interim dividend of ¥100, the annual dividend totals ¥320 per share with a consolidated payout ratio of 100.3%, reflecting the company's commitment to a 100% total shareholder return policy over its medium-term management plan period.
Deadline: 2026-06-26
YoY: +10%
Source (JP)
当期の年間配当金は先に実施しました中間配当金100円00銭を含め、1株当たり320円00銭(連結配当性向100.3%)となる予定です。
2026-05-13
16:30
Cost of Capital
¥160.0/sh
新家工業 disclosed FY2025 mid-term plan progress reporting and capital cost/stock price-conscious management measures. The c…
Summary
新家工業 disclosed FY2025 mid-term plan progress reporting and capital cost/stock price-conscious management measures. The company targets ROE of 7.7% and PBR of 1.0x by FY2026 (end of medium-term plan), recognizing that current ROE of 4.6% falls below its estimated cost of capital (6-8%). Capital allocation initiatives include ¥60 billion investment over three years, portfolio optimization (bicycle business exit), ¥160 per-share dividend (post-split basis), and stock split to enhance liquidity and reduce capital costs.
Source (JP)
当社が想定する株主資本コスト6%~8%を下回っているROEを、外部環境に左右されにくい収益基盤の構築を通じて持続的に向上させる必要がある。中期経営計画2026最終年度の財務目標はROE7.7%、PBR1.0倍。
中期経営計画2026 2025年度進捗報告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ついて
TDnet PDF
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 13
#
Shareholder
Shares (thou.)
% of Total
1
The Hokkoku Bank,Ltd.
株式会社北國銀行(常任代理人 株式会社日本カストディ銀行)
258
5.39%
2
一般社団法人ツバメの会
245
5.11%
3
Resona Bank
株式会社りそな銀行
209
4.36%
4
MUFG Bank
株式会社三菱UFJ銀行
183
3.83%
5
HANWA CO.,LTD.
阪和興業株式会社
177
3.69%
6
Mizuho Bank
株式会社みずほ銀行(常任代理人 株式会社日本カストディ銀行)
157
3.28%
7
LNS MANAGEMENT PTE.LTD.(常任代理人 フィリップ証券株式会社)
141
2.95%
8
損害保険ジャパン株式会社(常任代理人 株式会社日本カストディ銀行)
102
2.13%
9
加賀商工有限会社
100
2.08%
10
AVI JAPAN OPPORTUNITY TRUST PLC
AVI JAPAN OPPORTUNITY TRUST PLC(常任代理人 株式会社みずほ銀行決済営業部)
97
2.03%
Domestic Nominees
0.0%
-3.5% 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
34.9%
-8.1% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
The Hokkoku Bank,Ltd.
式会社北國銀行
4.63%
4.63%
5.39%
+0.76%
一般社団法人ツバメの会
↑
4.39%
4.39%
5.11%
+0.72%
Resona Bank
りそな銀行
↑
3.75%
3.75%
4.36%
+0.61%
MUFG Bank
式会社三菱UFJ銀行
4.63%
4.63%
3.83%
-0.80%
HANWA CO.,LTD.
阪和興業
↑
3.17%
3.17%
3.69%
+0.52%
Mizuho Bank
みずほ銀行
↑
2.82%
2.82%
3.28%
+0.46%
LNS MANAGEMENT PTE.LTD.
NEW ENTRY
—
—
—
2.95%
NEW
損害保険ジャパン
NEW ENTRY
1.83%
—
2.13%
NEW
加賀商工有限会社
NEW ENTRY
1.79%
—
2.08%
NEW
AVI JAPAN OPPORTUNITY TRUST PLC
—
2.03%
2.03%
BLACK CLOVER LIMITED
BLACK CLOVER LIMITED
last seen 2024
Exited Top 10
—
12.63%
—
LIM JAPAN EVENT MASTER FUND
LIM JAPAN EVENT MASTER FUND
last seen 2024
Exited Top 10
3.72%
4.88%
—
Japan Master Trust Bank
日本マスタートラスト信託銀行
last seen 2024
Exited Top 10
4.72%
3.50%
—
Concentration (HHI)
ⓘ
137
294
135
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥5,765M
+20% since 2023
Holdings
13
+1 new
2 exited
Trend
2 unwinding
vs 2023
Held Company
FY2025
¥5,765M total
FY2023
¥4,815M total
Book Val ¥M
Shares
Book Val ¥M
Shares
HANWA CO.,LTD.
阪和興業株式会社
1,504
+2.1%
↑
307,602
1,188
301,247
M
Mitsui & Co., Ltd.
三井物産株式会社
1,044
+76.4%
↑
373,124
870
211,562
Mitsubishi UFJ Financial Group, Inc.
株式会社三菱UFJフィナンシャル・グループ
858
NEW
New
426,950
—
株式会社北國フィナンシャルホールディングス
668
-34.5%
↓
113,900
719
173,900
Mizuho Financial Group, Inc.
株式会社みずほフィナンシャルグループ
526
130,067
244
130,067
SHIMANO INC.
株式会社シマノ
512
24,436
558
24,436
M
Sekisui Jushi Corporation
積水樹脂株式会社
212
111,000
230
111,000
M
KYOKUTO KAIHATSU KOGYO CO.,LTD.
極東開発工業株式会社
162
68,600
110
68,600
M
DAIDO KOGYO CO.,LTD.
大同工業株式会社
114
133,000
100
133,000
M
CANOX CORPORATION
株式会社カノークス
93
52,849
88
52,849
M
Resona Holdings, Inc.
株式会社りそなホールディングス
64
-37.6%
↓
49,812
51
79,812
NAGAWA Co .,Ltd.
株式会社ナガワ
6
1,000
6
1,000
M
TAKARA STANDARD CO.,LTD.
タカラスタンダード株式会社
2
+28.1%
↑
1,559
1
1,217
M
Sompo Holdings, Inc.
SOMPOホールディングス株式会社
—
−100%
Exit
—
119
22,756
株式会社三菱UFJフィナンシャルグループ
—
−100%
Exit
—
531
626,950
Portfolio total
5,765
4,815
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding