| Market Cap | JPY 1.28T | |
| Enterprise Value | JPY 1.20T | |
| Revenue | JPY 1.18T | +20.7% |
| Gross Profit | JPY 332.28B | +27.6% |
| EBITDA | JPY 213.59B | +36.1% |
| Net Income | JPY 157.16B | +72.5% |
| Diluted EPS | — | — |
| Free Cash Flow | — | — |
| Ratio | 2025 | 2026 | Trend · 2y | vs own |
|---|---|---|---|---|
| ▾Margins | ||||
| Gross Margin | 26.59% | 28.10% | 75% | |
| Operating Margin | 13.84% | 15.96% | 75% | |
| EBITDA Margin | 16.02% | 18.06% | 75% | |
| NOPAT Margin | 10.77% | 12.64% | 75% | |
| Net Margin | 9.30% | 13.29% | 75% | |
| OCF Margin | 11.83% | 11.24% | 25% | |
| Gross Profitability | 31.37% | 34.28% | 75% | |
| ▸Returns on Capital · 5 ratios | ||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||
| ▸Earnings quality · 5 ratios | ||||
| ▸Liquidity & coverage · 4 ratios | ||||
| ▸Leverage · 9 ratios | ||||
| ▸Working capital · 3 ratios | ||||
The five drivers multiply to 30.2% vs reported ROE 32.5%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue | JPY 670.35B | JPY 806.45B | JPY 799.76B | JPY 979.38B | JPY 1.18T |
| YoY % | +20.3% | -0.8% | +22.5% | +20.7% | |
| Cost of Revenue | — | — | — | JPY 718.93B | JPY 850.08B |
| YoY % | +18.2% | ||||
| Gross Profit | — | — | — | JPY 260.44B | JPY 332.28B |
| YoY % | +27.6% | ||||
| SG&A Expense | — | — | — | JPY 124.92B | JPY 143.58B |
| YoY % | +14.9% | ||||
| Operating Income | — | — | — | JPY 135.52B | JPY 188.71B |
| YoY % | +39.2% | ||||
| Pretax Income | — | — | — | JPY 121.40B | JPY 204.61B |
| YoY % | +68.5% | ||||
| Income Tax | — | — | — | JPY 26.93B | JPY 42.56B |
| YoY % | +58.1% | ||||
| Net Income (incl. NCI) | — | — | — | JPY 94.47B | JPY 162.05B |
| YoY % | +71.5% | ||||
| Minority Interest (P&L) | — | — | — | JPY 3.35B | JPY 4.88B |
| YoY % | +46.0% | ||||
| Net Income | — | — | — | JPY 91.12B | JPY 157.16B |
| YoY % | +72.5% | ||||
| EPS (Basic) | JPY 23.64 | JPY 24.71 | JPY 30.83 | JPY 55.05 | JPY 94.93 |
| YoY % | +4.5% | +24.8% | +78.6% | +72.4% |
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.
