| Market Cap | JPY 1.55T | |
| Enterprise Value | JPY 1.37T | |
| Revenue | JPY 604.83B | +7.5% |
| Gross Profit | JPY 276.39B | +3.3% |
| EBITDA | JPY 105.64B | +1.0% |
| Net Income | JPY 58.11B | +11.5% |
| Diluted EPS | — | — |
| Free Cash Flow | JPY 97.08B | −11.6% |
| Ratio | 2025 | 2026 | Trend · 2y | vs own |
|---|---|---|---|---|
| ▾Margins | ||||
| Gross Margin | 47.55% | 45.70% | 25% | |
| Operating Margin | 14.85% | 13.65% | 25% | |
| EBITDA Margin | 18.60% | 17.47% | 25% | |
| NOPAT Margin | 10.44% | 10.54% | 75% | |
| Net Margin | 9.27% | 9.61% | 75% | |
| FCF Margin | 19.54% | 16.05% | 25% | |
| OCF Margin | 17.61% | 14.21% | 25% | |
| Gross Profitability | 37.23% | 34.74% | 25% | |
| Capex Intensity | −1.93% | −1.84% | 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 11.7% vs reported ROE 11.8%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue | JPY 389.90B | JPY 456.48B | JPY 540.15B | JPY 562.40B | JPY 604.83B |
| YoY % | +17.1% | +18.3% | +4.1% | +7.5% | |
| Cost of Revenue | — | — | — | JPY 294.96B | JPY 328.44B |
| YoY % | +11.3% | ||||
| Gross Profit | — | — | — | JPY 267.44B | JPY 276.39B |
| YoY % | +3.3% | ||||
| SG&A Expense | — | — | — | JPY 183.92B | JPY 193.84B |
| YoY % | +5.4% | ||||
| Operating Income | — | — | — | JPY 83.52B | JPY 82.56B |
| YoY % | -1.2% | ||||
| Pretax Income | — | — | — | JPY 78.53B | JPY 78.93B |
| YoY % | +0.5% | ||||
| Income Tax | — | — | — | JPY 23.32B | JPY 17.96B |
| YoY % | -23.0% | ||||
| Net Income (incl. NCI) | — | — | — | JPY 55.21B | JPY 60.97B |
| YoY % | +10.4% | ||||
| Minority Interest (P&L) | — | — | — | JPY 3.08B | JPY 2.85B |
| YoY % | -7.4% | ||||
| Net Income | — | — | — | JPY 52.12B | JPY 58.11B |
| YoY % | +11.5% | ||||
| EPS (Basic) | JPY 79.67 | JPY 145.81 | JPY 234.83 | JPY 200.41 | JPY 227.72 |
| YoY % | +83.0% | +61.1% | -14.7% | +13.6% |
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.
