# Torishima Pump Mfg.Co.,Ltd.: business model and financials

> Latest period: FY ending Mar 2026, consolidated, J-GAAP
> Unit: JPY millions
> Sources: 有価証券報告書－第145期(2025/04/01－2026/03/31) (S100YDRV)
> Page: https://vizora.meequs.com/en/company/torishima-pump-mfg
> Retrieved: 2026-09-30T22:40:31.679Z

## Company

Torishima Pump Mfg., founded in 1928, is a company in Industrial Machinery listed on TSE Prime. It has 2,127 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | Torishima Pump Mfg.Co.,Ltd. |
| Ticker | 6363 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/6363.T) |
| Listing | TSE Prime |
| Head office | 大阪府高槻市宮田町一丁目1番8号 |
| Representative (per filing) | 代表取締役CEO 原田耕太郎 |
| Founded | Apr 1928 |
| Share capital | ¥1.59B |
| Employees (consolidated) | 2,127 |
| Average salary (parent only) | ¥7M |
| Fiscal year end | March |
| Website | www.torishima.co.jp (https://www.torishima.co.jp/) |
| Corporate number | 9120901011562 |
| EDINET | E01636 |
| Industries (Vizora) | Industrial Machinery |

> Profile source: annual securities report (S100YDRV, filed 2026-06-22). As of filing

## Five-axis industry profile

Primary industry: Industrial Machinery (2026-03-31)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Revenue growth | 88.6 | 110 |
| Profitability | 32.4 | 122 |
| Cash conversion | 45.3 | 116 |
| Efficiency | 64.3 | 122 |

Each axis is shown independently. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

## Key points (generated from figures)

- Torishima Pump Mfg. brought in ¥92.9B in revenue.
- Out of every ¥100 of sales, about ¥5 is left as operating profit.
- Revenue changed +7.4% from the prior year, operating profit -8.1%.

## Company structure

- Segment revenue mix: Segment revenue breakdown is not disclosed
- Revenue → net income: ¥92927000000 → ¥5986000000
- Net income → operating cash flow: ¥5986000000 → ¥4533000000（difference ¥-1453000000）
- Main uses of operating cash flow: CapEx ¥1979000000 / dividends ¥1617000000 / buybacks ¥1000000000
- Change in cash: ¥686000000
Segment shares use total reported segment revenue, which may include inter-segment sales. The cash bridge is operating cash flow minus net income and combines non-cash items and working-capital effects.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Revenue | ¥92.9B |  |
| Operating income | ¥5B | Margin 5.4% |
| Net income | ¥5.95B | Margin 6.4% |
| Free cash flow | ¥2.55B |  |
| Employees (consolidated) | 2,127 |  |
| EPS | ¥147.29 |  |
| Diluted EPS | ¥146.91 |  |
| Book value per share | ¥1481.27 |  |
| Equity ratio | 50.0% |  |
| Shares outstanding | 29,045,679 |  |
| Treasury shares | 2,729,100 |  |
| Shareholders | 10,809 |  |
| Average salary (parent only) | ¥7M | Filing company only |
| Cash ratio | 14.8% | Cash ÷ revenue 19.1% |
| Vs. industry median margin | -2.2 pp | Industrial Machinery |
| ROE | 12.2% | Derived from disclosed figures |
| ROA | 5.0% | Derived from disclosed figures |

## Notable figures

- FY2026, parent-company salary changed +22% over five years

## What changed in 5 years

| Metric | FY ending Mar 2021 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥50787000000 | ¥92927000000 | +83.0% |
| Operating income | ¥3591000000 | ¥5005000000 | +39.4% |
| Operating margin | 7.1% | 5.4% | -1.7 pp |
| Employees | 1,608 people | 2,127 people | +32.3% |
| Cash and equivalents | ¥16746000000 | ¥17770000000 | +6.1% |

### Change in segment revenue mix

Span: FY ending Mar 2021 → FY ending Mar 2026. Stable segment keys are connected; unmatched shares are marked as new or reorganized. Shares use total segment revenue.

## Income statement（FY ending Mar 2026, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 92,927 | 100.0% | S100YDRV |
| Cost of revenue | 68,615 | 73.8% | S100YDRV |
| Gross profit | 24,311 | 26.2% | S100YDRV |
| SG&A | 19,306 | 20.8% | S100YDRV |
| Operating income | 5,005 | 5.4% | S100YDRV |
| Ordinary income | 5,204 | 5.6% | S100YDRV |
| Pretax income | 8,049 | 8.7% | S100YDRV |
| Income tax | 2,062 | 2.2% | S100YDRV |
| Net income | 5,986 | 6.4% | S100YDRV |
| Net income attributable to owners | 5,945 | 6.4% | S100YDRV |

## Per ¥100 of revenue（FY ending Mar 2026）

| Part | JPY |
| --- | ---: |
| Cost of revenue | 74 |
| SG&A | 21 |
| Operating income | 5 |
| (Ref.) Net income | 6 |

### Margin funnel

Gross margin 26.2% → Operating margin 5.4% → Net margin 6.4%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue up, profit down
Revenue growth: +7.4%; Core profit growth: -8.1%
Growth quality: revenue-led
Operating leverage (core profit growth ÷ revenue growth): -1.10×
Calculated from comparable annual consolidated filings.

## Year over year（FY ending Mar 2025 → FY ending Mar 2026、JPY mn）

| Metric | Prior | Current | Change | % change |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 86,501 | 92,927 | 6,426 | +7.4% |
| Gross profit | 23,542 | 24,311 | 769 | +3.3% |
| Operating income | 5,449 | 5,005 | -444 | -8.1% |
| Net income attributable to owners | 4,068 | 5,945 | 1,877 | +46.1% |
| Operating cash flow | -668 | 4,533 | 5,201 | — |
| Free cash flow | -5,257 | 2,554 | 7,811 | — |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2020 | 47,126 | 1,220 | 2.6% | 543 | 4,207 | 1,739 | S100LTA0 |
| FY ending Mar 2021 | 50,787 | 3,591 | 7.1% | 3,353 | 4,366 | 1,917 | S100OHAF |
| FY ending Mar 2022 | 52,240 | 4,445 | 8.5% | 3,626 | 3,130 | -323 | S100RH9S |
| FY ending Mar 2023 | 64,659 | 5,927 | 9.2% | 4,404 | 1,246 | 287 | S100TQTO |
| FY ending Mar 2024 | 81,103 | 6,822 | 8.4% | 6,225 | 2,857 | -450 | S100W11V |
| FY ending Mar 2025 | 86,501 | 5,449 | 6.3% | 4,068 | -668 | -5,257 | S100YDRV |
| FY ending Mar 2026 | 92,927 | 5,005 | 5.4% | 5,945 | 4,533 | 2,554 | S100YDRV |

## People and productivity（FY ending Mar 2026, consolidated, J-GAAP）

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥43.7M |
| Operating income per employee (consolidated) | ¥2.4M |
| Net income per employee (consolidated) | ¥2.8M |

Employees, revenue and profit are consolidated. Average annual salary is a separate parent-company figure. Calculated from disclosed figures (DERIVED).

| History | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Employees (consolidated) | 1,657 | 1,665 | 1,821 | 1,921 | 2,127 |
| Average salary (parent company) | ¥5.8M | ¥6M | ¥6.1M | ¥6.5M | ¥7M |
| Average age (parent company) | 38.3 years | 38.7 years | 39.0 years | 38.7 years | 38.9 years |
| Average tenure (parent company) | 13.1 years | 13.4 years | 13.4 years | 13.3 years | 13.1 years |

Year over year: Employees (consolidated) +10.7% · Revenue (consolidated) +7.4%

## Revenue by geography

No geographic revenue breakdown was disclosed.

## Cash flow（FY ending Mar 2026, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Operating cash flow | 4,533 | 4.9% | S100YDRV |
| Capital expenditure | 1,979 | 2.1% | S100YDRV |
| Free cash flow | 2,554 | 2.7% | 算出 |
| Investing cash flow | -260 | -0.3% | S100YDRV |
| Financing cash flow | -3,999 | -4.3% | S100YDRV |
| Dividends paid | 1,617 | 1.7% | S100YDRV |
| Share buyback | 1,000 | 1.1% | S100YDRV |
| Change in cash | 686 | 0.7% | S100YDRV |
| Cash and equivalents | 17,770 | 19.1% | S100YDRV |

## Balance sheet

Figures are as of each fiscal year end. Derived values are marked as such in the source column. Lease liabilities are excluded from interest-bearing debt.

| Metric | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | 13,496 | 11,730 | 12,831 | 17,083 | 17,770 | S100TQTO, S100W11V, S100YDRV |
| Total assets | 80,015 | 90,075 | 101,560 | 115,621 | 120,224 | S100RH9S, S100TQTO, S100W11V, S100YDRV |
| Net assets | 41,272 | 45,523 | 52,632 | 56,417 | 60,620 | S100TQTO, S100W11V, S100YDRV |
| Share capital | 1,592 | 1,592 | 1,592 | 1,592 | 1,592 | S100RH9S, S100TQTO, S100W11V, S100YDRV |
| Property, plant and equipment | 15,589 | 14,631 | 17,993 | 20,029 | 21,448 | S100RH9S, S100TQTO, S100W11V, S100YDRV |
| Intangible assets excluding goodwill | 759 | 744 | 672 | 974 | 820 | S100RH9S, S100TQTO, S100W11V, S100YDRV |
| Goodwill | — | 238 | 197 | 144 | 107 | S100TQTO, S100W11V, S100YDRV |
| Investment securities | 10,510 | 11,586 | 11,526 | 10,463 | 10,027 | S100RH9S, S100TQTO, S100W11V, S100YDRV |
| Current assets | 51,411 | 61,321 | 68,357 | 81,190 | 83,591 | S100RH9S, S100TQTO, S100W11V, S100YDRV |
| Current liabilities | 24,577 | 29,246 | 34,634 | 37,338 | 38,342 | S100RH9S, S100TQTO, S100W11V, S100YDRV |
| Trade payables | 10,630 | 12,696 | 11,845 | 14,520 | 11,883 | S100RH9S, S100TQTO, S100W11V, S100YDRV |
| Short-term borrowings | 4,623 | 3,779 | 5,613 | 6,524 | 6,431 | S100RH9S, S100TQTO, S100W11V, S100YDRV |
| Long-term borrowings | 10,873 | 11,774 | 9,211 | 16,204 | 15,770 | S100RH9S, S100TQTO, S100W11V, S100YDRV |
| Total liabilities | 38,742 | 44,552 | 48,928 | 59,204 | 59,604 | S100RH9S, S100TQTO, S100W11V, S100YDRV |
| Non-controlling interests | 296 | 339 | 326 | 390 | 424 | S100RH9S, S100TQTO, S100W11V, S100YDRV |
| Equity attributable to owners of parent | 37,428 | 40,167 | 44,644 | 47,132 | 50,657 | S100RH9S, S100TQTO, S100W11V, S100YDRV |
| Retained earnings | 30,725 | 33,871 | 38,546 | 40,917 | 45,243 | S100RH9S, S100TQTO, S100W11V, S100YDRV |
| Treasury stock | -2,008 | -2,000 | -1,863 | -1,802 | -2,639 | S100RH9S, S100TQTO, S100W11V, S100YDRV |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 15% | S100YDRV |
| Property, plant and equipment | 18% | S100YDRV |
| Intangibles and goodwill | 1% | S100YDRV |
| Investment securities | 8% | S100YDRV |
| Other assets | 58% | S100YDRV |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Trade payables | 10% | S100YDRV |
| Other liabilities | 40% | S100YDRV |
| Equity | 50% | S100YDRV |

### Balance sheet history

| Metric | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Total assets | 80,015 | 90,075 | 101,560 | 115,621 | 120,224 |
| Equity | 41,272 | 45,523 | 52,632 | 56,417 | 60,620 |
| Interest-bearing debt | — | — | — | — | — |
| Cash | 13,496 | 11,730 | 12,831 | 17,083 | 17,770 |

## Asset intensity and goodwill

Ratios are derived from reported values. Goodwill is used only when separately reported, never inferred from combined intangible assets.

| Metric | Value | Sources |
| --- | ---: | ---: |
| Asset intensity (fixed assets ÷ revenue) | 23.1% | S100YDRV |
| Fixed assets ÷ total assets | 17.8% | S100YDRV |
| Goodwill ÷ parent equity | 0.2% | S100YDRV |

### Cash quality

Net cash = cash − interest-bearing debt. Net debt ratio = (interest-bearing debt − cash) ÷ positive operating cash flow. Omit when debt components are incomplete; other ratios are derived from reported figures.

| Metric | Value |
| --- | ---: |
| Cash ratio (cash ÷ total assets) | 14.8% |
| Cash ÷ revenue | 19.1% |
| Net cash (cash − interest-bearing debt) | — |
| Net debt ÷ operating cash flow | — |
| Cash conversion (operating CF ÷ operating income) | 90.6% |
| Cash vs. profit gap | -1,412 JPY mn (of net income -23.8%) |
| Shareholder returns / net income | 44.0% |
| Shareholder returns / FCF | 102.5% |
| Shareholder payments — dividends / net income | 27.2% |
| Shareholder payments — dividends / FCF | 63.3% |
| CapEx intensity (capex ÷ revenue) | 2.1% |
| Investing CF relative to operating CF | 5.7% |

## ROA and ROE

ROE is decomposed into net margin × asset turnover × financial leverage. Leverage can raise ROE, so the ratio alone does not assess a company's condition. Ending balances are used without a prior year; total equity approximates parent equity when unavailable.

| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE | Sources |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| 2022 | 6.9% | 0.65× | 4.5% | 2.14× | 9.7% | S100RH9S |
| 2023 | 6.8% | 0.76× | 5.2% | 2.19× | 11.4% | S100TQTO |
| 2024 | 7.7% | 0.85× | 6.5% | 2.26× | 14.7% | S100W11V |
| 2025 | 4.7% | 0.80× | 3.7% | 2.37× | 8.9% | S100YDRV |
| 2026 | 6.4% | 0.79× | 5.0% | 2.41× | 12.2% | S100YDRV |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 公益財団法人原田記念財団 | Major shareholder | 10.6% | 2026-03-31 |
| 日本マスタートラスト信託銀行株式会社（信託口） | Major shareholder | 7.7% | 2026-03-31 |
| 株式会社りそな銀行 | Major shareholder | 4.8% | 2026-03-31 |
| 株式会社日本カストディ銀行（信託口） | Major shareholder | 4.1% | 2026-03-31 |
| 株式会社タクマ | Major shareholder | 3.5% | 2026-03-31 |
| 株式会社三井住友銀行 | Major shareholder | 3.3% | 2026-03-31 |
| 片山 晃 | Major shareholder | 3.2% | 2026-03-31 |
| 酉島製作所従業員持株会 | Major shareholder | 2.8% | 2026-03-31 |
| 株式会社栗本鐵工所 | Major shareholder | 2.4% | 2026-03-31 |
| 第一生命保険株式会社 | Major shareholder | 2.4% | 2026-03-31 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第145期(2025/04/01－2026/03/31) | S100YDRV | 2026-06-22 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YDRV,, |
| 有価証券報告書－第144期(2024/04/01－2025/03/31) | S100W11V | 2025-06-23 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100W11V,, |
| 有価証券報告書－第143期(2023/04/01－2024/03/31) | S100TQTO | 2024-06-26 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100TQTO,, |
| 訂正有価証券報告書－第142期(2022/04/01－2023/03/31) | S100RH9S | 2023-07-31 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100RH9S,, |
| 有価証券報告書－第141期(令和3年4月1日－令和4年3月31日) | S100OHAF | 2022-06-28 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100OHAF,, |
| 有価証券報告書－第140期(令和2年4月1日－令和3年3月31日) | S100LTA0 | 2021-06-29 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100LTA0,, |

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).