| Market Cap | JPY 2.06T | |
| Enterprise Value | — | |
| Revenue | JPY 475.10B | +6.5% |
| Gross Profit | JPY 282.01B | +0.2% |
| EBITDA | JPY 135.42B | +0.8% |
| Net Income | JPY 92.05B | −31.7% |
| Diluted EPS | JPY 114.11 | −29.2% |
| Free Cash Flow | JPY 179.81B | +71.9% |
| DPS (FY2025) | — |
| Trailing yield | — |
| Payout ratio | −26.5% |
| Growth streak | — |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | — | — | reported |
| FY20242024-12-31 | — | — | reported |
| Ratio | 2024 | 2025 | Trend · 2y | vs own | vs sector |
|---|---|---|---|---|---|
| ▾Margins | |||||
| Gross Margin | 63.06% | 59.36% | 25% | 59% | |
| Operating Margin | 27.83% | 26.10% | 25% | 92% | |
| EBITDA Margin | 30.10% | 28.50% | 25% | 79% | |
| NOPAT Margin | 19.34% | 16.67% | 25% | 88% | |
| Net Margin | 30.22% | 19.38% | 25% | 91% | |
| FCF Margin | 23.44% | 37.85% | 75% | 96% | |
| FCFF Margin | 23.97% | 39.26% | 75% | 93% | |
| OCF Margin | 22.63% | 36.18% | 75% | 92% | |
| Gross Profitability | 22.39% | 20.00% | 25% | 32% | |
| Capex Intensity | −0.82% | −1.67% | 25% | 1% | |
| ▸Returns on Capital · 3 ratios | |||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||
| ▸Earnings quality · 6 ratios | |||||
| ▸Liquidity & coverage · 5 ratios | |||||
| ▸Leverage · 2 ratios | |||||
| ▸Working capital · 3 ratios | |||||
| ▸Capital allocation · 3 ratios | |||||
The five drivers multiply to 9.2% vs reported ROE 8.9%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | JPY 274.46B | JPY 353.71B | JPY 423.36B | JPY 446.21B | JPY 475.10B |
| YoY % | +28.9% | +19.7% | +5.4% | +6.5% | |
| Cost of Revenue | — | — | — | JPY 164.84B | JPY 193.09B |
| YoY % | +17.1% | ||||
| Gross Profit | — | — | — | JPY 281.37B | JPY 282.01B |
| YoY % | +0.2% | ||||
| SG&A Expense | — | — | — | JPY 142.18B | JPY 161.93B |
| YoY % | +13.9% | ||||
| Operating Income | — | — | — | JPY 124.18B | JPY 124.01B |
| YoY % | -0.1% | ||||
| Interest Expense | — | — | — | JPY 3.40B | JPY 10.51B |
| YoY % | +209.2% | ||||
| Interest & Investment Income | — | — | — | JPY 79.70B | JPY 37.25B |
| YoY % | -53.3% | ||||
| Equity Method Income | — | — | — | -JPY 5.18B | -JPY 1.70B |
| Pretax Income | — | — | — | JPY 195.99B | JPY 140.45B |
| YoY % | -28.3% | ||||
| Income Tax | — | — | — | JPY 59.77B | JPY 50.75B |
| YoY % | -15.1% | ||||
| Net Income (incl. NCI) | — | — | — | JPY 136.22B | JPY 89.70B |
| YoY % | -34.1% | ||||
| Minority Interest (P&L) | — | — | — | JPY 1.37B | -JPY 2.35B |
| Net Income | — | — | — | JPY 134.85B | JPY 92.05B |
| YoY % | -31.7% | ||||
| EPS (Basic) | JPY 128.91 | JPY 114.74 | JPY 82.89 | JPY 161.79 | JPY 114.48 |
| YoY % | -11.0% | -27.8% | +95.2% | -29.2% | |
| EPS (Diluted) | JPY 126.55 | JPY 113.81 | JPY 82.33 | JPY 161.09 | JPY 114.11 |
| YoY % | -10.1% | -27.7% | +95.7% | -29.2% |
The sector classification is SIC-derived, not official GICS. 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.
