| Market Cap | JPY 9.86T | |
| Enterprise Value | — | |
| Revenue | JPY 2.31T | +98.6% |
| Gross Profit | JPY 908.96B | +28.0% |
| EBITDA | JPY 375.97B | +26.2% |
| Net Income | JPY 424.06B | +52.1% |
| Diluted EPS | — | — |
| Free Cash Flow | — | — |
| Ratio | 2025 | 2026 | Trend · 2y | vs own |
|---|---|---|---|---|
| ▾Margins | ||||
| Gross Margin | 60.96% | 39.30% | 25% | |
| Operating Margin | 24.26% | 15.57% | 25% | |
| EBITDA Margin | 25.57% | 16.25% | 25% | |
| NOPAT Margin | 18.17% | 11.62% | 25% | |
| Net Margin | 23.93% | 18.33% | 25% | |
| OCF Margin | 1.04% | 12.53% | 75% | |
| Gross Profitability | 20.90% | 23.89% | 75% | |
| ▸Returns on Capital · 3 ratios | ||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||
| ▸Earnings quality · 4 ratios | ||||
| ▸Liquidity & coverage · 3 ratios | ||||
| ▸Leverage · 2 ratios | ||||
| ▸Working capital · 5 ratios | ||||
The five drivers multiply to 15.2% vs reported ROE 14.9%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue | JPY 1.70T | JPY 1.60T | JPY 1.67T | JPY 1.16T | JPY 2.31T |
| YoY % | -5.5% | +4.4% | -30.3% | +98.6% | |
| Cost of Revenue | — | — | — | JPY 454.75B | JPY 1.40T |
| YoY % | +208.8% | ||||
| Gross Profit | — | — | — | JPY 710.17B | JPY 908.96B |
| YoY % | +28.0% | ||||
| SG&A Expense | — | — | — | JPY 427.61B | JPY 548.84B |
| YoY % | +28.3% | ||||
| Operating Income | — | — | — | JPY 282.55B | JPY 360.12B |
| YoY % | +27.5% | ||||
| Pretax Income | — | — | — | JPY 372.33B | JPY 568.19B |
| YoY % | +52.6% | ||||
| Income Tax | — | — | — | JPY 93.48B | JPY 144.10B |
| YoY % | +54.2% | ||||
| Net Income (incl. NCI) | — | — | — | JPY 278.85B | JPY 424.09B |
| YoY % | +52.1% | ||||
| Minority Interest (P&L) | — | — | — | JPY 46.0M | JPY 36.0M |
| YoY % | -21.7% | ||||
| Net Income | — | — | — | JPY 278.81B | JPY 424.06B |
| YoY % | +52.1% | ||||
| EPS (Basic) | JPY 404.67 | JPY 371.41 | JPY 421.39 | JPY 239.47 | JPY 364.51 |
| YoY % | -8.2% | +13.5% | -43.2% | +52.2% |
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.
