8085
Narasaki Sangyo Corporation
ナラサキ産業株式会社
Wholesale Trade
Narasaki Sangyo Co., Ltd. engages in the sale of electric machinery and equipment, and petroleum products to industry and households in Japan. It offers measuring and monitoring supervisory control equipment; air conditioning and sanitation equipment, freezing and refrigerating equipment, elevators, power receiving/transforming facilities, emergency home power generators, power supply systems, parking lot equipment, large-scale mapping devices, building management systems, and security systems; FA and high-performance materials; and industrial equipment and agricultural implements, as well as boat products, shipping materials, disaster prevention devices, and other products. The company also sells construction machinery and systems; construction materials; and energy equipment. In addition, it is involved in motor truck operations; shipping and transport operations; warehouse management; boat leasing; domestic coastal shipping; customs clearance; sea transport agency; air service agency; and gas station management activities. Further, the company sells automobile parts, liquefied petroleum gas, and other high-pressure gases; and repairs automobiles. The company was formerly known as Narasaki Sangyo Kaiun K.K. and changed its name to Narasaki Sangyo Co., Ltd. in 2002. Narasaki Sangyo Co., Ltd. was founded in 1902 and is headquartered in Sapporo, Japan.
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Overview
Filings & Signals
Ownership
Financials
▾ Collapse Charts
Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥112.5B
¥107.5B
¥99.9B
¥94.8B
Cost of Sales
¥100.5B
¥96.2B
¥89.3B
¥84.9B
Gross Profit
¥12.0B
¥11.3B
¥10.6B
¥9.8B
SG&A
¥8.9B
¥8.3B
¥7.8B
¥7.5B
Operating Income
¥3.1B
¥3.0B
¥2.8B
¥2.3B
Non-Operating Income
¥191M
¥170M
¥169M
¥181M
Dividend Income
¥113M
¥89M
¥81M
¥63M
Interest Income
¥5M
¥1M
¥4M
¥8M
Non-Operating Expenses
¥121M
¥68M
¥76M
¥85M
Interest Expense
¥45M
¥43M
¥46M
¥50M
Ordinary Income
¥3.1B
¥3.1B
¥2.9B
¥2.4B
Pre-tax Income
¥3.2B
¥3.4B
¥2.9B
¥2.4B
Income Taxes
¥967M
¥1.1B
¥689M
¥793M
Current Tax
¥901M
¥843M
¥912M
¥781M
Deferred Tax
¥65M
¥214M
¥-222M
¥11M
Net Income (owners)
¥2.2B
¥2.3B
¥2.1B
¥1.6B
Minority Interest
¥39M
¥26M
¥42M
¥35M
Comprehensive Income
¥2.2B
¥3.6B
¥2.3B
¥1.3B
EBITDA
¥3.7B
¥3.6B
¥3.4B
¥2.9B
EPS
¥443.05
¥458.00
¥429.25
¥316.79
Shares Outstanding
5.1M
5.1M
5.1M
5.0M
Shares Issued (total)
5.3M
5.3M
5.3M
5.3M
Treasury Shares
0.2M
0.2M
0.3M
0.3M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥56.5B
¥60.6B
¥52.3B
¥48.2B
Current Assets
¥39.0B
¥44.7B
¥37.8B
¥33.9B
Cash & Deposits
¥12.6B
¥15.1B
¥12.8B
¥11.1B
Trade Receivables
¥19.2B
¥20.0B
¥18.0B
¥16.1B
Non-Current Assets
¥17.5B
¥15.9B
¥14.5B
¥14.3B
PP&E
¥8.8B
¥7.7B
¥8.4B
¥8.6B
Intangible Assets
¥132M
¥128M
¥143M
¥174M
Investment Securities
¥4.0B
¥4.4B
¥3.5B
¥3.3B
Deferred Tax Assets
¥349M
¥319M
¥394M
¥335M
Total Liabilities
¥29.8B
¥36.1B
¥31.0B
¥29.0B
Current Liabilities
¥25.3B
¥31.4B
¥26.4B
¥24.2B
Accounts Payable
¥13.6B
¥16.9B
¥14.0B
¥12.3B
ST Debt
¥1.4B
¥1.5B
¥1.6B
¥1.6B
Taxes Payable
¥509M
¥456M
¥577M
¥495M
Non-Current Liabilities
¥4.5B
¥4.7B
¥4.6B
¥4.8B
Total LT Borrowings
¥230M
¥410M
¥678M
¥498M
Pension Obligations
¥1.0B
¥991M
¥1.2B
¥1.3B
Deferred Tax Liab.
¥734M
¥663M
—
—
Total Equity
¥26.7B
¥24.6B
¥21.3B
¥19.2B
Capital Stock
¥2.4B
¥2.4B
¥2.4B
¥2.4B
Capital Surplus
¥1.3B
¥1.3B
¥1.3B
¥1.3B
Retained Earnings
¥20.5B
¥18.5B
¥16.5B
¥14.7B
Treasury Stock
¥-471M
¥-535M
¥-606M
¥-686M
AOCI
¥2.4B
¥2.4B
¥1.2B
¥1.1B
Equity (owners)
¥23.7B
¥21.6B
¥19.6B
¥17.7B
Minority Interests
¥562M
¥528M
¥497M
¥459M
Total Interest-Bearing Debt ⓘ
¥1.6B
¥1.9B
¥2.3B
¥2.1B
Net Cash ⓘ
¥11.0B
¥13.1B
¥10.5B
¥9.0B
NCAV ⓘ
¥9.2B
¥8.7B
¥6.8B
¥4.9B
NCAV/Share
¥1,810
¥1,705
¥1,342
¥967
BV/Share
¥4,652
¥4,253
¥3,875
¥3,516
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥61M
¥3.2B
¥2.4B
¥815M
Interest Paid
¥-46M
¥-43M
¥-46M
¥-50M
Interest Received
¥122M
¥95M
¥89M
¥76M
D&A
¥670M
¥619M
¥595M
¥600M
Investing CF
¥-2.1B
¥54M
¥-426M
¥-215M
CapEx
¥1.6B
¥374M
¥411M
¥246M
Purchase Investments
¥-6M
¥-6M
¥-6M
¥-7M
Proceeds from Invest.
¥202M
¥3M
¥3M
¥3M
Financing CF
¥-1.0B
¥-950M
¥-280M
¥-788M
Dividends Paid
¥-527M
¥-375M
¥-323M
¥-298M
Share Buybacks
¥0M
¥0M
¥0M
¥0M
LT Debt Repaid
¥-267M
¥-282M
¥-304M
¥-345M
Free Cash Flow
¥-1.6B
¥2.8B
¥2.0B
¥569M
Net Change in Cash
¥-3.1B
¥2.3B
¥1.7B
¥-187M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
8.9%
10.3%
10.8%
8.6%
ROA
3.8%
4.1%
4.3%
3.2%
EPS
¥443.05
¥458.00
¥429.25
¥316.79
DPS
¥120.00
¥105.00
¥75.00
¥65.00
BPS
¥5,153.71
¥4,770.43
¥4,153.66
¥3,782.65
FCF/Share
¥-308
¥549
¥400
¥113
NCAV/Share
¥1,810
¥1,705
¥1,342
¥967
Payout Ratio
27.1%
22.9%
17.5%
20.5%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 12
Date Activist Stake Event Flag Demands Source
2026-04-22
Hikari Tsushin K.K.
18.69%
+1.01%
change
Passive
—
2026-03-02
Mitsubishi UFJ Financial Group Inc.
3.69%
change
Passive
—
2026-02-24
Hikari Tsushin K.K.
17.68%
+1.01%
change
Passive
—
2025-11-20
Hikari Tsushin K.K.
16.67%
+1.01%
change
Passive
—
2025-09-26
Hikari Tsushin K.K.
15.66%
+1.04%
change
Passive
—
2025-07-24
Hikari Tsushin K.K.
14.62%
+1.01%
change
Passive
—
2025-02-07
FMR LLC
0.39%
-5.06%
change
Passive
—
2025-02-07
Hikari Tsushin K.K.
13.61%
+2.63%
change
Passive
—
2025-02-05
Hikari Tsushin K.K.
10.98%
+3.2%
change
Passive
—
2024-01-19
Hikari Tsushin K.K.
7.78%
+1.0%
change
Passive
—
2023-06-07
FMR LLC
5.45%
change
Passive
—
2023-05-29
Hikari Tsushin K.K.
6.78%
change
Passive
—
Capital Allocation Signals 1
Date
Type
Amount
Summary
2026-05-19
15:00
Div Increase
¥650M ¥130.0/sh
+8%
Narasaki Sangyo announced a dividend increase for fiscal year ending March 31, 2026. The company declared a year-end div…
Summary
Narasaki Sangyo announced a dividend increase for fiscal year ending March 31, 2026. The company declared a year-end dividend of 130 yen per share (650 million yen total), up 8.3% from 120 yen per share in the prior fiscal year. The dividend will be paid from retained earnings effective June 8, 2026.
Deadline: 2026-06-08
YoY: +8%
Source (JP)
2026年3月期の期末配当金につきましては、上記の方針及び2026年3月期の業績等を総合的に勘案し、1株当たり130円とさせていただくことといたしました。
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 19
#
Shareholder
Shares (thou.)
% of Total
1
三菱電機㈱
419
8.22%
2
光通信㈱
380
7.46%
3
㈱UH Partners 2
361
7.08%
4
三菱UFJ信託銀行㈱
231
4.53%
5
Japan Custody Bank
㈱日本カストディ銀行(信託口)
180
3.53%
6
Employee Stock Ownership Plan
ナラサキ産業社員持株会
166
3.26%
7
東京海上日動火災保険㈱
152
2.99%
8
North Pacific Bank,Ltd.
㈱北洋銀行
143
2.81%
9
極東開発工業㈱
141
2.78%
10
INTERACTIVE BROKERS LLC
INTERACTIVE BROKERS LLC (常任代理人 インタラクティブ・ブローカーズ証券㈱)
140
2.75%
Domestic Nominees
3.5%
-0.2% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
-5.9% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
41.9%
+7.4% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
三菱電機
8.29%
8.26%
8.22%
-0.04%
光通信
5.29%
7.49%
7.46%
-0.03%
㈱UH Partners 2
NEW ENTRY
—
—
—
7.08%
NEW
三菱UFJ信託銀行
4.57%
4.55%
4.53%
-0.02%
Japan Custody Bank
日本カストディ銀行
4.03%
3.74%
3.53%
-0.21%
Employee Stock Ownership Plan
ナラサキ産業社員持株会
3.08%
3.04%
3.26%
+0.22%
東京海上日動火災保険
3.20%
3.19%
2.99%
-0.20%
North Pacific Bank,Ltd.
㈱北洋銀行
2.84%
2.82%
2.81%
-0.01%
極東開発工業
2.80%
2.79%
2.78%
-0.01%
Interactive Brokers
—
2.32%
2.75%
+0.43%
State Street
last seen 2024
Exited Top 10
5.73%
5.91%
—
住友大阪セメント
last seen 2023
Exited Top 10
2.15%
—
—
Concentration (HHI)
ⓘ
207
234
249
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥2,692M
+21% since 2023
Holdings
19
+3 new
3 exited
Trend
4 building
vs 2023
Held Company
FY2025
¥2,692M total
FY2023
¥2,219M total
Book Val ¥M
Shares
Book Val ¥M
Shares
KYOKUTO KAIHATSU KOGYO CO.,LTD.
極東開発工業㈱
460
194,200
313
194,200
M
Mitsubishi UFJ Financial Group, Inc.
㈱三菱UFJフィナンシャル・グループ
440
219,200
185
219,200
M
HPC SYSTEMS Inc.
HPCシステムズ㈱
335
279,000
626
279,000
GLTECHNO HOLDINGS, INC.
ジーエルテクノホールディングス㈱ (注)4
297
NEW
New
102,400
—
M
Sumitomo Osaka Cement Co., Ltd.
住友大阪セメント㈱
252
70,100
261
70,100
M
Tokio Marine Holdings, Inc.
東京海上ホールディングス㈱
189
33,000
84
33,000
M
ENEOS Holdings,Inc.
ENEOSホールディングス㈱
156
+4.2%
↑
200,129
89
192,131
M
SAKAI HEAVY INDUSTRIES, LTD.
酒井重工業㈱
102
+100.0%
↑
48,000
96
24,000
M
TOKYO TEKKO CO., LTD.
東京鐵鋼㈱
80
14,000
24
14,000
M
Maruhachi Warehouse Company , Limited
丸八倉庫㈱
79
91,500
64
91,500
M
NIPPON KANZAI Holdings Co.,Ltd.
日本管財ホールディングス㈱
72
NEW
New
27,400
—
M
NIRECO CORPORATION
㈱ニレコ
65
38,100
38
38,100
M
SUZUDEN CORPORATION
スズデン㈱
44
+2.5%
↑
23,480
59
22,898
Nittetsu Mining CO.,Ltd.
日鉄鉱業㈱
40
6,200
22
6,200
M
Hokuhoku Financial Group, Inc.
㈱ほくほくフィナンシャルグループ
29
11,400
10
11,400
M
YOMEISHU SEIZO CO.,LTD.
養命酒製造㈱
14
5,000
9
5,000
M
NIPPON STEEL CORPORATION
日本製鉄㈱
14
+10.2%
↑
4,458
12
4,046
フクシマガリレイ㈱ (注)5
13
NEW
New
4,800
—
North Pacific Bank,Ltd.
㈱北洋銀行
11
23,000
6
23,000
M
GL Sciences Co.
ジーエルサイエンス㈱
—
−100%
Exit
—
236
102,400
M
日本管財㈱ (注)3
—
−100%
Exit
—
74
27,400
M
フクシマガリレイ㈱
—
−100%
Exit
—
11
2,400
Portfolio total
2,692
2,219
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding