Corporate Data

As of March 31, 2021

Established February 18,1936
Capital ¥12,778,008,177
Employees 2,899(Consolidated)
Head office Kamakuragashi Building2-2-1,Uchikanda,Chiyoda-ku,Tokyo 101-8521,Japan
Tel: +81-3-3257-2011
Fax: +81-3-3257-2180
URL https://www.showa-sangyo.co.jp/

Board of Directors and Audit & Supervisory Board Members

As of Jun 25, 2021

President and CEO Kazuhiko Niitsuma
Director Senior Managing Officer Toshiyuki Kaneko
Junji Kokuryo
Director Managing Officer Susumu Oyanagi
Tatsuya Yamaguchi
Hideyuki Tsukakoshi
Director Takashi Yanagiya
Naoko Mikami
Director Audit and Supervisory Committee Member Norio Saito
Yukihiro Yoshida
Hidenori Hanada

Share Information

As of March 31, 2019

Total shares to be issued by company 131,000,000
Total shares issued 31,597,772
Shareholders 14,223

Principal Shareholders

Shareholder Number of Shares Held
(1,000 stock)
Percentage of Total(%)

Shareholder:ITOCHU Corporation

Number of Shares Held(1,000 stock):
2,540

Percentage of Total(%):8.0

Shareholder:The Chiba Bank, Ltd

Number of Shares Held(1,000 stock):
1,560

Percentage of Total(%):4.9

Shareholder:Mitsui & Co., Ltd

Number of Shares Held(1,000 stock):
1,540

Percentage of Total(%):4.9

Shareholder:Yuasa Funashoku Co., Ltd

Number of Shares Held(1,000 stock):
1,233

Percentage of Total(%):3.9

Shareholder:Sompo Japan Nipponkoa Insurance Inc.

Number of Shares Held(1,000 stock):
1,197

Percentage of Total(%):3.8

Shareholder:The Norinchukin Bank

Number of Shares Held(1,000 stock):
1,103

Percentage of Total(%):3.5

Shareholder:Sojitz Corporation

Number of Shares Held(1,000 stock):
1,000

Percentage of Total(%):3.2

Shareholder:Showa Sangyo client stock ownership

Number of Shares Held(1,000 stock):
989

Percentage of Total(%):3.1

Shareholder:Cargill Japan Limited

Number of Shares Held(1,000 stock):
940

Percentage of Total(%):3.0

Shareholder:Tokio Marine & Nichido Fire Insurance Co., Ltd

Number of Shares Held(1,000 stock):
933

Percentage of Total(%):3.0

note:

  1. In addition to above, the Company has 1,372,207 shares of treasury stock.
  2. The percentage of total shares issued is the ratio of total shares outstanding, including treasury stock.

Consolidated Financial Statements

Consolidated Balance Sheets

Showa Sangyo Co., Ltd. and Consolidated Subsidiaries

As of March 31,2018 and 2019

Assets

(millions of yen)

2018 2019

Current assets

73,119 76,491

Fixed assets

97,424 98,220

Property, plant and
equipment

69,966 70,947

Intangible fixed assets

1,525 1,639

Investments and other
assets

25,932 25,633

Total assets

170,544 174,711

Liabilities

(millions of yen)

2018 2019

Current liabilities

62,837 60,224

Long-term liabilities

26,657 28,276

Total liabilities

89,494 88,500

Net assets

(millions of yen)

2018 2019

Shareholders' equity

71,853 77,588

Common stock

12,778 12,778

Capital surplus

5,001 5,030

Retained earnings

56,611 62,285

Treasury common stock

(2,536) (2,506)

Total accumulated
other comprehensive
income

6,340 5,274

Unrealized gains on
hedging transactions

7,398 6,315

Deferred gains on hedging
transactions

(10) 7

Remeasurements of
defined benefit plans

(1,047) (1,048)

Minority interests

2,855 3,348

Total net assets

81,049 86,211

Total liabilities and net
assets

170,544 174,711

Consolidated Statements of Income

Showa Sangyo Co., Ltd. and Consolidated Subsidiaries
For the years ended March 31, 2018 and 2019

(millions of yen)

2018 2019

Net sales

233,166 255,905

Cost of sales

191,736 209,974

Gross profit

41,430 45,931

Selling, general
and administrative
expenses

34,873 37,488

Operating income

6,556 8,443

Non-operating income

1,519 1,601

Non-operating expenses

338 258

Ordinary income

7,737 9,786

Extraordinary income

105 356

Extraordinary losses

591 713

Income before income
taxesand minority interests

7,251 9,430

Income taxes

Current

2,045 2,706

Deferred

146 (704)

Minority interests

167 174

Net income

4,893 7,254

Consolidated Statements of Cash Flows

Showa Sangyo Co., Ltd. and Consolidated Subsidiaries
For the years ended March 31, 2018 and 2019

(millions of yen)

2018 2019

Cash flows from operating
activities

9,582 18,590

Cash flows from investing
activities

(11,773) (8,208)

Cash flows from financing
activities

(404) (7,525)

Increase(decrease) in cash and cash equivalents

(2,595) 2,857

Cash and cash equivalents
at beginning of the year

6,276 3,680

Cash and cash equivalents
at the end of the year

3,680 6,538