8078
HANWA CO.,LTD.
阪和興業株式会社
Wholesale Trade
Hanwa Co., Ltd. sells metals, food, energy and living materials, housing materials, and machinery in Japan, Asia, and internationally. The company offers deformed steel, threaded reinforcing, mechanical joints, high-strength shear reinforcement, and epoxy-coated reinforcing bars; scrap iron, semi-finished products, used steel materials, as well as various demolition and removal services; rebar processing; H-beams, columns, angles, channels, steel sheet piles, steel pipe piles, segments, carbon fiber sheets, and general construction and civil engineering products. It is also involved in refrigeration business; provision of salmon, shrimp, octopus, mackerel, horse mackerel, herring, shishamo, crab, and chicken products; and sells steel structures. In addition, the company offers copper and aluminum scrap; Zinc, lead, tin ingots and scrap, stainless steel, and high-performance raw material scrap; nickel, cobalt, lithium, palladium, platinum, rhodium, vanadium, silicon, rare earths, magnesium, and other metals, and chemical raw materials; and nickel pig iron, stainless steel semi-finished products, chrome ore, manganese ore, iron ore, coal, ferrochrome, ferrosilicon, silicomanganese, metallic manganese, ferrovanadium, ferroniobium, ferrotitanium, manganese chemical raw materials, and sulfuric acid. Further, it provides heavy oil, kerosene, LPG, LNG, industrial gas, shipping fuel oil, gasoline, diesel, lubricants, PKS, wood pellets, recycled heavy oil, RPF, waste tires, construction waste chips, PAO, PIB, esters, additives, chemicals, paper products, and wastepaper. Additionally, the company offers housing materials; and roller coasters, water rides, merry-go-rounds, kids' attractions, role-play games, water slides, and various fountains. The company was incorporated in 1947 and is headquartered in Chuo, Japan.
Price
¥1,893
Market Cap
¥76.4B
Ent. Value
¥373.8B
Net Debt
−¥297.3B
Shares Out.
40.4M
P / E
1.7×
EV / EBIT
6.1×
⚠ TSE Capital Mandate
P / Book
0.20×
P / NCAV
0.60×
Div. Yield
11.89%
Financials
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Net Sales | ¥2,554.5B | ¥2,432.0B | ¥2,668.2B | ¥2,164.0B |
| Cost of Sales | ¥2,413.9B | ¥2,312.1B | ¥2,539.7B | ¥2,045.0B |
| Gross Profit | ¥140.6B | ¥119.8B | ¥128.5B | ¥119.0B |
| SG&A | ¥79.1B | ¥70.1B | ¥64.4B | ¥56.6B |
| Operating Income | ¥61.5B | ¥49.7B | ¥64.1B | ¥62.4B |
| Non-Operating Income | ¥12.4B | ¥13.5B | ¥17.4B | ¥8.4B |
| Dividend Income | ¥4.0B | ¥3.5B | ¥7.5B | ¥1.6B |
| Interest Income | ¥4.1B | ¥4.8B | ¥3.7B | ¥1.7B |
| Non-Operating Expenses | ¥14.2B | ¥15.0B | ¥17.2B | ¥8.1B |
| Interest Expense | ¥8.7B | ¥8.8B | ¥10.0B | ¥4.1B |
| Ordinary Income | ¥59.7B | ¥48.3B | ¥64.3B | ¥62.7B |
| Pre-tax Income | ¥65.5B | ¥53.9B | ¥76.0B | ¥63.1B |
| Income Taxes | ¥19.3B | ¥14.5B | ¥23.2B | ¥18.7B |
| Current Tax | ¥19.2B | ¥14.1B | ¥24.4B | ¥20.2B |
| Deferred Tax | ¥133M | ¥387M | ¥-1.1B | ¥-1.4B |
| Net Income (owners) | ¥45.5B | ¥38.4B | ¥51.5B | ¥43.6B |
| Minority Interest | ¥658M | ¥946M | ¥1.2B | ¥787M |
| Comprehensive Income | ¥43.0B | ¥54.2B | ¥71.3B | ¥50.3B |
| EBITDA | ¥71.6B | ¥59.2B | ¥71.7B | ¥68.9B |
| Goodwill Amort. (J-GAAP) | ¥288M | ¥78M | ¥193M | ¥392M |
| EPS | ¥1,125.66 | ¥944.90 | ¥1,267.44 | ¥1,073.34 |
| Shares Outstanding | 40.4M | 40.7M | 40.6M | 40.6M |
| Shares Issued (total) | 42.3M | 42.3M | 42.3M | 42.3M |
| Treasury Shares | 1.9M | 1.7M | 1.7M | 1.7M |
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ¥1,165.8B | ¥1,167.0B | ¥1,157.7B | ¥1,715.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Assets | ¥903.7B | ¥917.2B | ¥928.7B | ¥1,272.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Deposits | ¥65.3B | ¥76.5B | ¥84.2B | ¥165.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Trade Receivables | ¥415.3B | ¥445.8B | ¥449.0B | ¥542.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Assets | ¥262.1B | ¥249.8B | ¥229.0B | ¥443.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | ¥89.9B | ¥88.9B | ¥87.1B | ¥77.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill | ¥2.2B | ¥39M | ¥111M | ¥283M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets | ¥10.1B | ¥10.0B | ¥10.8B | ¥10.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investment Securities | ¥116.3B | ¥106.1B | ¥99.6B | ¥81.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Assets | ¥3.3B | ¥3.1B | ¥1.3B | ¥1.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | ¥776.3B | ¥810.2B | ¥848.9B | ¥1,474.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ¥461.7B | ¥486.6B | ¥559.0B | ¥1,238.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accounts Payable | ¥268.5B | ¥303.8B | ¥278.8B | ¥388.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ST Debt | ¥81.1B | ¥72.1B | ¥83.1B | ¥459.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Taxes Payable | ¥12.3B | ¥2.6B | ¥14.8B | ¥16.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Liabilities | ¥314.7B | ¥323.7B | ¥289.9B | ¥236.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total LT Borrowings | ¥281.5B | ¥290.0B | ¥254.8B | ¥210.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Pension Obligations | ¥1.8B | ¥1.4B | ¥4.3B | ¥4.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Liab. | ¥13.8B | ¥15.9B | ¥10.0B | ¥5.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | ¥389.5B | ¥356.8B | ¥308.8B | ¥240.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Stock | ¥45.7B | ¥45.7B | ¥45.7B | ¥45.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | ¥1.4B | ¥1.3B | ¥26M | ¥26M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | ¥298.3B | ¥261.0B | ¥228.9B | ¥180.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | ¥-5.6B | ¥-3.7B | ¥-3.7B | ¥-3.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AOCI | ¥43.4B | ¥47.0B | ¥32.3B | ¥15.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | ¥339.7B | ¥304.2B | ¥270.9B | ¥222.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minority Interests | ¥6.4B | ¥5.6B | ¥5.7B | ¥3.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Interest-Bearing Debt ⓘ | ¥362.6B | ¥362.0B | ¥338.0B | ¥669.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Cash ⓘ | ¥-297.3B | ¥-285.5B | ¥-253.8B | ¥-504.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV ⓘ | ¥127.4B | ¥106.9B | ¥79.8B | ¥-202.8B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV/Share | ¥3,154 | ¥2,630 | ¥1,964 | ¥-4,992 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | ¥8,412 | ¥7,481 | ¥6,665 | ¥5,465 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Operating CF | ¥10.1B | ¥18.2B | ¥284.2B | ¥-280.8B |
| Taxes Paid | ¥-9.5B | ¥-26.8B | ¥-26.4B | ¥-11.3B |
| Interest Paid | ¥-8.9B | ¥-8.2B | ¥-9.8B | ¥-4.2B |
| Interest Received | ¥8.0B | ¥7.4B | ¥10.8B | ¥3.1B |
| D&A | ¥9.8B | ¥9.4B | ¥7.4B | ¥6.1B |
| Goodwill Amort. | ¥288M | ¥78M | ¥193M | ¥392M |
| Investing CF | ¥-21.8B | ¥1.0B | ¥-6.5B | ¥-15.0B |
| CapEx | ¥8.5B | ¥9.6B | ¥12.9B | ¥6.3B |
| Purchase Investments | ¥-18.6B | ¥-1.9B | ¥-3.4B | ¥-6.1B |
| Financing CF | ¥293M | ¥-26.3B | ¥-351.8B | ¥406.8B |
| Dividends Paid | ¥-8.3B | ¥-6.7B | ¥-4.1B | ¥-3.3B |
| Share Buybacks | ¥-2.0B | — | — | — |
| LT Debt Repaid | ¥-26.7B | ¥-72.1B | ¥-39.2B | ¥-30.8B |
| Free Cash Flow | ¥1.6B | ¥8.6B | ¥271.4B | ¥-287.0B |
| Net Change in Cash | ¥-12.5B | ¥-7.9B | ¥-81.4B | ¥112.3B |
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| ROE | 12.4% | 11.7% | 19.1% | 20.5% |
| ROA | 3.9% | 3.3% | 3.6% | 2.5% |
| EPS | ¥1,125.66 | ¥944.90 | ¥1,267.44 | ¥1,073.34 |
| DPS | ¥225.00 | ¥185.00 | ¥130.00 | ¥100.00 |
| BPS | ¥9,485.64 | ¥8,636.03 | ¥7,459.39 | ¥5,834.98 |
| FCF/Share | ¥41 | ¥210 | ¥6,678 | ¥-7,063 |
| NCAV/Share | ¥3,154 | ¥2,630 | ¥1,964 | ¥-4,992 |
| Payout Ratio | 20.0% | 19.6% | 10.3% | 9.3% |
Event Timeline
S Shareholder
A Capital Signal
Large Shareholder Reports 7
Capital Allocation Signals 2
| Date | Type | Amount | Summary | |
|---|---|---|---|---|
|
2026-05-12
13:00
|
Buyback | ¥5.0B ¥1250.0/sh 1.9% | Hanwa Co., Ltd. (8078) board resolved on May 12, 2026 to repurchase up to 4 million shares (1.89% of outstanding) for a … | |
|
Summary
Hanwa Co., Ltd. (8078) board resolved on May 12, 2026 to repurchase up to 4 million shares (1.89% of outstanding) for a maximum of ¥5.0 billion through open market purchases on TSE through December 31, 2026. The company also plans to cancel 7.525 million existing treasury shares plus all newly acquired shares (totaling up to 5.45% of issued shares) on January 29, 2027. The capital allocation aims to enhance shareholder returns and capital efficiency.
Deadline: 2026-12-31
% of Shares: 1.9%
Shares: 4,000,000
Source (JP)
自己株式取得に係る事項を決定するとともに、同法第178条の規定に基づき、自己株式を消却することを決議いたしました。取得しうる株式の総数4,000,000株(上限)、株式の取得価額の総額5,000百万円(上限)、取得期間2026年5月13日~2026年12月31日
自己株式取得に係る事項の決定および自己株式消却に係る事項の決定に関するお知らせ
TDnet PDF
|
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|
2026-05-12
13:00
|
Div Increase | ¥6.4B ¥165.0/sh +38% | HANWA Oji (8078) announced a dividend increase for FY2026 ending March 31, 2026, with final dividend raised to ¥165 per … | |
|
Summary
HANWA Oji (8078) announced a dividend increase for FY2026 ending March 31, 2026, with final dividend raised to ¥165 per share (up ¥40 from prior forecast of ¥125). Combined with interim dividend of ¥125, total annual DPS reaches ¥290. The company has also upgraded its capital allocation policy under 'Medium-term Plan 2028', raising the minimum DOE from 2.5% to 3.5% and targeting 40% total payout ratio.
Deadline: 2026-06-29
YoY: +38%
Source (JP)
1株当たり期末配当金を直近の配当予想に対し 40 円増額の 165 円といたします。これにより既に実施いたしました中間配当1株当たり 125 円と合わせた1株当たり年間配当金は、290 円となる予定です。
剰余金の配当(増配)に関するお知らせ
TDnet PDF
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| # | Shareholder | Shares (thou.) | % of Total |
|---|---|---|---|
| 1 |
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)
|
5,510 | 13.65% |
| 2 |
Business Partner Stock Ownership Plan
阪和興業取引先持株会
|
2,374 | 5.88% |
| 3 |
Japan Custody Bank
株式会社日本カストディ銀行(信託口)
|
1,716 | 4.25% |
| 4 |
Sumitomo Mitsui Banking Corporation
株式会社三井住友銀行
|
1,526 | 3.78% |
| 5 |
JPMorgan Chase Bank, N.A.
JP MORGAN CHASE BANK 385632 (常任代理人 株式会社みずほ銀行決済営業部)
|
1,192 | 2.95% |
| 6 |
Employee Stock Ownership Plan
阪和興業社員持株会
|
1,112 | 2.76% |
| 7 |
DFA INTL SMALL CAP VALUE PORTFOLIO
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)
|
641 | 1.59% |
| 8 |
NIPPON STEEL CORPORATION
日本製鉄株式会社
|
600 | 1.49% |
| 9 |
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)
|
551 | 1.36% |
| 10 | 第一生命保険株式会社 | 522 | 1.29% |
as of 2025-03-31
Source: EDINET ↗
Ownership by year — hover bars for detail
Domestic Nominees
17.9%
-1.1% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
4.3%
-3.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
16.8%
+1.7% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding · top-10 covers 39.0% · grey = other shareholders · 2025
| Shareholder | Trend | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Japan Master Trust Bank 日本マスタートラスト信託銀行 | 12.74% | 13.86% | 13.65% -0.21% | |
| Business Partner Stock Ownership Plan 阪和興業取引先持株会 | 5.42% | 5.63% | 5.88% +0.25% | |
| Japan Custody Bank 日本カストディ銀行 | 4.73% | 5.17% | 4.25% -0.92% | |
| Sumitomo Mitsui Banking Corporation 三井住友銀行 | 3.76% | 3.75% | 3.78% +0.03% | |
| JP Morgan | 4.84% | 4.28% | 2.95% -1.33% | |
| Employee Stock Ownership Plan 阪和興業社員持株会 | 2.64% | 2.69% | 2.76% +0.07% | |
| DFA INTL SMALL CAP VALUE PORTFOLIO | 1.61% | 1.54% | 1.59% +0.05% | |
| NIPPON STEEL CORPORATION 日本製鉄 | 1.48% | 1.48% | 1.49% +0.01% | |
| State Street | — | 1.52% | 1.36% -0.16% | |
| 第一生命保険 NEW ENTRY | — | — | — | 1.29% NEW |
| BNY Mellon last seen 2024 | Exited Top 10 | 1.62% | 1.52% | — |
| GOVERNMENT OF NORWAY last seen 2023 | Exited Top 10 | 1.75% | — | — |
| Concentration (HHI) ⓘ | 269 | 299 | 278 |
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥45,179M
-12% since 2023
Holdings
64
+18 new
25 exited
Trend
4 unwinding
vs 2023
| Held Company | FY2025 ¥45,179M total | FY2023 ¥51,282M total | |||
|---|---|---|---|---|---|
| Book Val ¥M | Shares | Book Val ¥M | Shares | ||
|
Yamato Kogyo Co., Ltd.
大和工業㈱
|
7,920 |
1,001,520
|
5,348 | 1,001,520 | M |
|
NAKAYAMA STEEL WORKS, LTD.
㈱中山製鋼所
|
5,963 |
8,058,590
|
7,841 | 8,058,590 | M |
|
NIPPON STEEL CORPORATION
日本製鉄㈱
|
5,823 |
1,822,774
|
5,687 | 1,822,774 | M |
| ㈱淀川製鋼所 | 3,500 |
628,400
|
1,707 | 628,400 | M |
|
MABUCHI MOTOR CO., LTD.
マブチモーター㈱
|
1,770 |
+100.2%
↑
772,955
|
1,488 | 386,000 | M |
|
Sumitomo Realty & Development Co.,Ltd.
住友不動産㈱
|
1,677 |
300,000
|
894 | 300,000 | M |
|
eREX Co.,Ltd.
イーレックス㈱
|
1,307 |
-50.0%
↓
1,624,500
|
5,948 | 3,249,000 | |
|
HASEKO Corporation
㈱長谷工コーポレーション
|
1,277 |
650,000
|
1,000 | 650,000 | M |
| PMB TECHNOLOGY BHD. | 1,220 |
NEW
New
24,000,000
|
— | ||
|
Chubu Steel Plate Co.,Ltd.
中部鋼鈑㈱
|
1,173 |
-41.8%
↓
556,000
|
2,259 | 956,000 | M |
|
MORY INDUSTRIES INC.
モリ工業㈱
|
1,163 |
233,202
|
806 | 233,202 | M |
|
NOK CORPORATION
NOK㈱
|
1,116 |
510,000
|
746 | 510,000 | M |
| OM HOLDINGS LTD. | 1,029 |
32,500,000
|
2,098 | 32,500,000 | |
| フルサト・マルカホールディングス㈱ (注7) | 860 |
NEW
New
360,770
|
— | M | |
|
ARAYA INDUSTRIAL CO.,LTD.
新家工業㈱
|
792 |
NEW
New
177,500
|
— | M | |
|
G-TEKT CORPORATION
㈱ジーテクト
|
776 |
445,280
|
637 | 445,280 | M |
| MINH PHU SEAFOOD CORP. | 648 |
8,000,000
|
784 | 8,000,000 | |
|
TODA CORPORATION
戸田建設㈱
|
564 |
NEW
New
639,655
|
— | M | |
|
Shinwa Co., Ltd.
信和㈱
|
513 |
689,400
|
495 | 689,400 | M |
|
GEOSTR Corporation
ジオスター㈱ (注1)
|
450 |
1,511,000
|
447 | 1,511,000 | M |
| AFARAK GROUP PLC (注1) | 440 |
NEW
New
9,000,000
|
— | ||
|
Godo Steel,Ltd.
合同製鐵㈱ (注1)
|
397 |
NEW
New
102,900
|
— | M | |
|
OSAKA STEEL CO.,LTD.
大阪製鐵㈱ (注1)(注2)
|
388 |
136,620
|
180 | 136,620 | M |
| DA MING INTERNATIONAL HOLDINGS LTD. (注1) | 358 |
NEW
New
29,138,000
|
— | ||
|
ASIA PILE HOLDINGS CORPORATION
アジアパイルホールディングス㈱ (注1)(注2)
|
326 |
NEW
New
355,000
|
— | ||
|
ALINCO INCORPORATED
アルインコ㈱ (注1)(注2)
|
321 |
316,800
|
334 | 316,800 | M |
|
EXEDY Corporation
㈱エクセディ (注1)(注2)
|
259 |
+2.4%
↑
59,025
|
104 | 57,654 | M |
|
Sankyo Tateyama,Inc.
三協立山㈱ (注1)(注2)
|
255 |
420,000
|
300 | 420,000 | M |
|
KYOEI STEEL LTD.
共英製鋼㈱ (注1)
|
253 |
NEW
New
135,000
|
— | ||
|
DAIFUKU CO.,LTD.
㈱ダイフク (注1)(注2)
|
225 |
NEW
New
61,823
|
— | ||
|
TOHO CHEMICAL INDUSTRY COMPANY,LIMITED
東邦化学工業㈱ (注1)
|
219 |
NEW
New
323,448
|
— | M | |
|
Japan Metallurgical & Chemical Co., Ltd.
日本冶金工業㈱ (注1)(注2)
|
216 |
52,000
|
221 | 52,000 | M |
| TON DONG A CORP. (注1) | 214 |
NEW
New
1,500,000
|
— | ||
|
TOAMI CORPORATION
㈱トーアミ (注1)(注2)
|
200 |
378,000
|
193 | 378,000 | M |
|
SHIMANO INC.
㈱シマノ (注1)(注2)
|
161 |
NEW
New
7,678
|
— | ||
|
Sekisui Jushi Corporation
積水樹脂㈱ (注1)(注2)
|
153 |
80,000
|
166 | 80,000 | M |
| HG METAL MANUFACTURING LTD. (注1)(注2) | 150 |
3,638,800
|
133 | 3,638,800 | |
|
The Takigami Steel Construction Co.,Ltd.
瀧上工業㈱ (注1)(注2)
|
146 |
20,000
|
160 | 20,000 | M |
|
OUG Holdings Inc.
OUGホールディングス㈱ (注1)(注2)
|
132 |
-19.5%
↓
41,200
|
127 | 51,200 | M |
|
SAKAI HEAVY INDUSTRIES, LTD.
酒井重工業㈱ (注1)(注2)
|
128 |
+100.0%
↑
60,000
|
120 | 30,000 | M |
|
G-FACTORY CO.,LTD.
G-FACTORY㈱ (注1)(注2)
|
118 |
200,000
|
82 | 200,000 | M |
|
FUJI KYUKO CO., LTD.
富士急行㈱ (注1)(注2)
|
112 |
50,000
|
219 | 50,000 | M |
|
KOMAIHALTEC Inc.
㈱駒井ハルテック (注1)(注2)
|
79 |
50,000
|
84 | 50,000 | |
|
NAGAWA Co .,Ltd.
㈱ナガワ (注1)(注2)
|
73 |
+9.3%
↑
12,249
|
76 | 11,205 | M |
|
ASAHI CONCRETE WORKS CO.,LTD.
旭コンクリート工業㈱ (注1)(注2)
|
69 |
111,000
|
76 | 111,000 | M |
|
Nichia Steel Industry Co., Ltd.
日亜鋼業㈱ (注1)(注2)
|
62 |
200,000
|
59 | 200,000 | M |
|
Toho Zinc Co., Ltd.
東邦亜鉛㈱ (注1)(注2)
|
60 |
98,900
|
201 | 98,900 | M |
|
C.S. LUMBER CO., INC
㈱シー・エス・ランバー (注1)(注2)
|
34 |
-50.0%
↓
12,000
|
71 | 24,000 | |
|
MURO CORPORATION
㈱ムロコーポレーション (注1)(注2)
|
32 |
NEW
New
27,053
|
— | M | |
|
MARUZEN CO., LTD.
㈱マルゼン (注1)(注2)
|
32 |
NEW
New
10,000
|
— | M | |
|
OTANI KOGYO CO., LTD.
㈱大谷工業 (注1) (注2)
|
17 |
NEW
New
2,785
|
— | ||
| ㈱オプティ (注1) | 5 |
NEW
New
5,000
|
— | ||
|
OTSUKA CORPORATION
㈱大塚商会 (注1)
|
4 |
NEW
New
1,509
|
— | ||
|
Hokuetsu Corporation
北越コーポレーション㈱ (注2)
|
— | — | |||
|
General Oyster,Inc.
㈱ゼネラル・オイスター (注2)
|
— | — | |||
|
FURUKAWA CO.,LTD.
古河機械金属㈱ (注2)
|
— | — | |||
|
Nippon Carbon Co. , Ltd.
日本カーボン㈱ (注2)
|
— | — | M | ||
|
Achilles Co., Ltd.
アキレス㈱ (注2)
|
— | — | |||
|
kondotec inc.
コンドーテック㈱ (注2)
|
— | — | |||
|
Nishi-Nippon Railroad Co.,Ltd.
西日本鉄道㈱ (注2)
|
— | — | |||
|
FUJI CORPORATION LIMITED
フジ住宅㈱ (注2)
|
— | — | |||
|
ENEOS Holdings,Inc.
ENEOSホールディングス㈱ (注2)
|
— | — | |||
|
DAIFUKU CO.,LTD.
㈱ダイフク (注2)
|
— | — | |||
| ㈱アイ・テック (注2) | — | — | |||
|
JFE Holdings,Inc.
JFEホールディングス㈱
|
— |
−100%
Exit
—
|
842 | 501,840 | |
|
JDC CORPORATION
日本国土開発㈱
|
— |
−100%
Exit
—
|
936 | 1,550,000 | M |
|
TOKYO STEEL MANUFACTURING CO., LTD.
東京製鐵㈱
|
— |
−100%
Exit
—
|
1,435 | 1,051,000 | M |
| フルサト・マルカホールディングス㈱ | — |
−100%
Exit
—
|
1,010 | 360,770 | M |
| DA MING INTERNATIONAL HOLDINGS LTD. | — |
−100%
Exit
—
|
812 | 29,138,000 | |
| AFARAK GROUP PLC | — |
−100%
Exit
—
|
792 | 9,000,000 | |
|
Godo Steel,Ltd.
合同製鐵㈱ (注2)
|
— |
−100%
Exit
—
|
699 | 205,900 | M |
|
TODA CORPORATION
戸田建設㈱ (注1)
|
— |
−100%
Exit
—
|
442 | 639,655 | M |
|
KYOEI STEEL LTD.
共英製鋼㈱ (注1)(注2)
|
— |
−100%
Exit
—
|
434 | 270,000 | |
|
SHIMANO INC.
㈱シマノ (注1)
|
— |
−100%
Exit
—
|
403 | 17,678 | |
|
ARAYA INDUSTRIAL CO.,LTD.
新家工業㈱ (注1)(注2)
|
— |
−100%
Exit
—
|
402 | 177,500 | M |
|
Kobe Steel, Ltd.
㈱神戸製鋼所 (注1)(注2)
|
— |
−100%
Exit
—
|
315 | 300,000 | |
|
ASIA PILE HOLDINGS CORPORATION
アジアパイルホールディングス㈱ (注1)
|
— |
−100%
Exit
—
|
260 | 355,000 | |
|
ASANUMA CORPORATION
㈱淺沼組 (注1)(注2)
|
— |
−100%
Exit
—
|
251 | 80,658 | |
|
DAIHO CORPORATION
大豊建設㈱ (注1)(注2)
|
— |
−100%
Exit
—
|
159 | 43,445 | M |
|
FURUKAWA CO.,LTD.
古河機械金属㈱ (注1)(注2)
|
— |
−100%
Exit
—
|
130 | 102,000 | M |
|
General Oyster,Inc.
㈱ゼネラル・オイスター (注1)(注2)
|
— |
−100%
Exit
—
|
125 | 112,000 | |
|
CEL Corporation
㈱セレコーポレーション (注1)(注2)
|
— |
−100%
Exit
—
|
120 | 50,000 | M |
|
TOPY INDUSTRIES,LIMITED
トピー工業㈱ (注1)(注2)
|
— |
−100%
Exit
—
|
111 | 56,200 | |
|
Hokuetsu Corporation
北越コーポレーション㈱ (注1)(注2)
|
— |
−100%
Exit
—
|
110 | 124,813 | |
|
Nippon Carbon Co. , Ltd.
日本カーボン㈱ (注1)(注2)
|
— |
−100%
Exit
—
|
102 | 25,000 | M |
|
Sekisui House,Ltd.
積水ハウス㈱ (注1)(注2)
|
— |
−100%
Exit
—
|
86 | 32,100 | |
| フクシマガリレイ㈱ (注1)(注2) | — |
−100%
Exit
—
|
86 | 18,112 | |
|
kondotec inc.
コンドーテック㈱ (注1)(注2)
|
— |
−100%
Exit
—
|
69 | 69,000 | M |
|
OBAYASHI CORPORATION
㈱大林組 (注1)
|
— |
−100%
Exit
—
|
60 | 59,535 | |
| Portfolio total | 45,179 | 51,282 | |||
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding