Matsumoto Yushi-Seiyaku ended the year to March 2026 with sales of ¥41.07bn, down from ¥43.13bn a year earlier. The softer top line did not stop profit improvement: ordinary income rose to ¥10.82bn from ¥9.68bn, and profit attributable to owners of the parent was ¥8.04bn.
The balance sheet remained heavy on equity. Total assets stood at ¥105.92bn and net assets at ¥91.27bn at the end of March. For readers who like a thick financial cushion, that is not a bad look.
The five-year summary in the filing suggests the earnings level is not a one-year fluke. Ordinary income was ¥7.74bn in the year ended March 2022, ¥9.47bn in 2023, ¥10.73bn in 2024, ¥9.68bn in 2025 and ¥10.82bn in the latest year.
A separate internal control report filed the same day said management judged financial-reporting controls effective as of March 31. The review centred on sales, receivables and inventory at parent-company sites, while consolidated subsidiaries and equity-method affiliates were excluded from the company-wide scope as low materiality. The packet excerpt does not include management's discussion of what drove the mix of lower sales and higher ordinary income.