| Market Cap | JPY 2.30T | |
| Enterprise Value | JPY 2.17T | |
| Revenue | JPY 2.59T | −0.2% |
| Gross Profit | JPY 364.69B | +23.5% |
| EBITDA | JPY 231.03B | +32.4% |
| Net Income | JPY 173.76B | +19.5% |
| Diluted EPS | — | — |
| Free Cash Flow | — | — |
| Ratio | 2025 | 2026 | Trend · 2y | vs own |
|---|---|---|---|---|
| ▾Margins | ||||
| Gross Margin | 11.40% | 14.10% | 75% | |
| Operating Margin | 5.50% | 7.53% | 75% | |
| EBITDA Margin | 6.74% | 8.93% | 75% | |
| NOPAT Margin | 3.92% | 5.36% | 75% | |
| Net Margin | 5.61% | 6.72% | 75% | |
| OCF Margin | 3.25% | 9.78% | 75% | |
| Gross Profitability | 9.71% | 11.60% | 75% | |
| ▸Returns on Capital · 5 ratios | ||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||
| ▸Earnings quality · 5 ratios | ||||
| ▸Liquidity & coverage · 3 ratios | ||||
| ▸Leverage · 9 ratios | ||||
| ▸Working capital · 1 ratios | ||||
The five drivers multiply to 14.0% vs reported ROE 14.4%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue | JPY 1.92T | JPY 1.98T | JPY 2.33T | JPY 2.59T | JPY 2.59T |
| YoY % | +3.2% | +17.2% | +11.4% | -0.2% | |
| Cost of Revenue | — | — | — | JPY 2.30T | JPY 2.22T |
| YoY % | -3.2% | ||||
| Gross Profit | — | — | — | JPY 295.39B | JPY 364.69B |
| YoY % | +23.5% | ||||
| SG&A Expense | — | — | — | JPY 152.92B | JPY 170.01B |
| YoY % | +11.2% | ||||
| Operating Income | — | — | — | JPY 142.47B | JPY 194.68B |
| YoY % | +36.6% | ||||
| Pretax Income | — | — | — | JPY 209.88B | JPY 249.41B |
| YoY % | +18.8% | ||||
| Income Tax | — | — | — | JPY 60.27B | JPY 71.65B |
| YoY % | +18.9% | ||||
| Net Income (incl. NCI) | — | — | — | JPY 149.62B | JPY 177.76B |
| YoY % | +18.8% | ||||
| Minority Interest (P&L) | — | — | — | JPY 4.26B | JPY 4.00B |
| YoY % | -6.1% | ||||
| Net Income | — | — | — | JPY 145.35B | JPY 173.76B |
| YoY % | +19.5% | ||||
| EPS (Basic) | JPY 54.55 | JPY 108.34 | JPY 104.69 | JPY 202.91 | JPY 249.42 |
| YoY % | +98.6% | -3.4% | +93.8% | +22.9% |
Statement lines are XBRL facts as filed with the company's home regulator (SEC EDGAR for US filers; ESEF/EDINET and other national regulators for foreign filers); ratios and other derived figures are computed from them. A blank cell means the tag was absent — never imputed.
