| Market Cap | JPY 1.85T | |
| Enterprise Value | JPY 1.87T | |
| Revenue | JPY 1.23T | +9.3% |
| Gross Profit | JPY 344.00B | +8.2% |
| EBITDA | JPY 198.40B | +13.4% |
| Net Income | JPY 98.03B | +6.3% |
| Diluted EPS | — | — |
| Free Cash Flow | JPY 194.10B | −12.4% |
| Ratio | 2025 | 2026 | Trend · 2y | vs own |
|---|---|---|---|---|
| ▾Margins | ||||
| Gross Margin | 28.30% | 28.02% | 25% | |
| Operating Margin | 10.47% | 11.13% | 75% | |
| EBITDA Margin | 15.58% | 16.16% | 75% | |
| NOPAT Margin | 7.57% | 8.06% | 75% | |
| Net Margin | 8.21% | 7.99% | 25% | |
| FCF Margin | 19.73% | 15.81% | 25% | |
| OCF Margin | 12.90% | 10.07% | 25% | |
| Gross Profitability | 24.23% | 24.46% | 75% | |
| Capex Intensity | −6.83% | −5.75% | 75% | |
| ▸Returns on Capital · 6 ratios | ||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||
| ▸Earnings quality · 7 ratios | ||||
| ▸Liquidity & coverage · 6 ratios | ||||
| ▸Leverage · 9 ratios | ||||
| ▸Working capital · 3 ratios | ||||
| ▸Capital allocation · 1 ratios | ||||
The five drivers multiply to 12.7% vs reported ROE 13.1%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue | JPY 910.23B | JPY 1.01T | JPY 1.10T | JPY 1.12T | JPY 1.23T |
| YoY % | +10.9% | +9.3% | +1.8% | +9.3% | |
| Cost of Revenue | — | — | — | JPY 805.50B | JPY 883.59B |
| YoY % | +9.7% | ||||
| Gross Profit | — | — | — | JPY 317.90B | JPY 344.00B |
| YoY % | +8.2% | ||||
| SG&A Expense | — | — | — | JPY 200.25B | JPY 207.38B |
| YoY % | +3.6% | ||||
| Operating Income | — | — | — | JPY 117.65B | JPY 136.62B |
| YoY % | +16.1% | ||||
| Pretax Income | — | — | — | JPY 133.66B | JPY 140.09B |
| YoY % | +4.8% | ||||
| Income Tax | — | — | — | JPY 36.98B | JPY 38.67B |
| YoY % | +4.6% | ||||
| Net Income (incl. NCI) | — | — | — | JPY 96.68B | JPY 101.42B |
| YoY % | +4.9% | ||||
| Minority Interest (P&L) | — | — | — | JPY 4.44B | JPY 3.39B |
| YoY % | -23.7% | ||||
| Net Income | — | — | — | JPY 92.24B | JPY 98.03B |
| YoY % | +6.3% | ||||
| EPS (Basic) | JPY 410.68 | JPY 429.50 | JPY 527.57 | JPY 642.69 | JPY 665.18 |
| YoY % | +4.6% | +22.8% | +21.8% | +3.5% |
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.
