Vertex Corporation
5290・Standard Market・Glass & Ceramics Products
Concrete Business
The Group's largest core business. Manufactures, sells, and installs secondary concrete products.
| Period | Current | Previous | Change |
|---|---|---|---|
| Net Sales | ¥30,028 million (FY2026 (ending March 2026), full year) | ¥26,918 million (FY2025 (ended March 2025), full year) | ↑ |
| Segment Profit | ¥6,341 million (FY2026 (ending March 2026), full year) | ¥5,410 million (FY2025 (ended March 2025), full year) | ↑ |
| Segment Assets | ¥22,554 million (as of end of FY2026 (ending March 2026)) | ¥21,213 million (as of end of FY2025 (ended March 2025)) | ↑ |
| Depreciation and Amortization | ¥848 million (FY2026 (ending March 2026), full year) | ¥828 million (FY2025 (ended March 2025), full year) | ↑ |
| Capital Expenditures (Increase in Tangible and Intangible Fixed Assets) | ¥814 million (FY2026 (ending March 2026), full year) | ¥822 million (FY2025 (ended March 2025), full year) | ↓ |
| Segment Profit Margin | 21.1% (FY2026 (ending March 2026), full year) | 20.1% (FY2025 (ended March 2025), full year) | ↑ |
Business Details
This segment manufactures and sells Secondary Concrete Products (Manholes, Hume Pipes, Box Culverts, etc.), sells related products, and performs Installation Works for Secondary Concrete Products. With the resilient trend in public investment driven by national resilience initiatives and disaster prevention infrastructure development as the primary demand driver, this is the core segment, accounting for ¥30,028 million (approximately 64.5%) of the Group's total sales of ¥46,519 million in FY2026 (ending March 2026).
Recent Overview
Strong flood control projects and price revision effects drove an 11.6% increase in net sales, with improved profit margin.
In FY2026 (ending March 2026), in addition to the effect of price revisions, the composition ratio of high-value-added products remained at a high level. In particular, large-scale flood control projects performed well, and products such as seismic-resistant box culverts (SJ-BOX) and rainwater storage tanks increased their share of sales. As a result, net sales increased 11.6% year on year to ¥30,028 million, and segment profit increased 17.2% year on year to ¥6,341 million, with profitability also improving.
Key Products
Growth Drivers
- Resilient trend in public investment aimed at national resilience initiatives and disaster prevention infrastructure development
- Expanded orders for large-scale flood control projects (seismic-resistant box culverts, rainwater storage tanks, etc.)
- Improved profitability through sales price revisions
- Expanding sales composition ratio of high-value-added products (SJ-BOX, etc.)
- Rising demand for aging infrastructure countermeasures and climate change risk response
- Expected market expansion driven by the promotion of precast construction
Risks
- Cost pressure from persistently high raw material and energy prices
- Structural challenges such as labor shortages and rising logistics costs
- Risk of future contraction of the domestic market (domestic-demand-oriented industry)
- Risk of impairment losses associated with factory closures and asset sales
- Changes in the order environment due to fluctuations in public investment budgets
Last updated: June 24, 2026