Financials
Japan Petroleum Exploration (JAPEX): FYE Mar 2026 and ten years of results (50 metrics)
FYE Mar 2026 · Revenue¥340bnYoY −12.5%
FYE Mar 2026 · Operating profit¥39bnYoY −37.2%
FYE Mar 2026 · Net profit¥53bnYoY −34.2%
FYE Mar 2026 · Equity ratio72.8%YoY −4.7pp
FYE Mar 2026 · Group employees1,670YoY +17
| Fiscal year | Revenue | YoY | Operating profit | YoY | Margin | Net profit | Chief executive | That year |
|---|---|---|---|---|---|---|---|---|
| FYE Mar 2017Consolidated | ¥207bn | n/a | ¥0.7bn | n/a | 0.3% | ¥3.4bn | Watanabe Osamu | — |
| FYE Mar 2018Consolidated | ¥231bn | +11.3% | ¥8.8bn | +1179.4% | 3.8% | -¥31bn | Okada Shuichi | — |
| FYE Mar 2019Consolidated | ¥268bn | +16.2% | ¥2.3bn | −73.6% | 0.9% | ¥15bn | Okada Shuichi | Soma LNG terminal starts up; ¥31.0 billion net loss on impairments |
| FYE Mar 2020Consolidated | ¥319bn | +19.0% | ¥14bn | +517.5% | 4.5% | ¥27bn | Okada Shuichi | — |
| FYE Mar 2021Consolidated | ¥240bn | −24.7% | ¥4.2bn | −70.7% | 1.7% | -¥2.7bn | Fujita Masahiro | — |
| FYE Mar 2022Consolidated | ¥249bn | +3.8% | ¥20bn | +372.5% | 8.0% | -¥31bn | Fujita Masahiro | — |
| FYE Mar 2023Consolidated | ¥336bn | +35.1% | ¥62bn | +213.4% | 18.5% | ¥67bn | Fujita Masahiro | — |
| FYE Mar 2024Consolidated | ¥326bn | −3.2% | ¥55bn | −11.0% | 17.0% | ¥54bn | Fujita Masahiro | Cash reaches <span class="en-history_money" data-yen="191900000000" data-year="2022">$1.5B (¥192bn)</span>; PBR below 1 acknowledged |
| FYE Mar 2025Consolidated | ¥389bn | +19.4% | ¥62bn | +12.2% | 15.9% | ¥81bn | Fujita Masahiro | <a class="en-history_person" href="/tse/1662/executives/ceo/yamashita-michio/" hreflang="ja">Yamashita Michio</a> — first president promoted from within |
| FYE Mar 2026Consolidated | ¥340bn | −12.5% | ¥39bn | −37.2% | 11.4% | ¥53bn | Yamashita Michio | Minimum dividend raised to ¥40; Norwegian shelf entered |
How it compares
ENEOS Holdings¥11.8tnFY2025Operating margin 4.0%Idemitsu Kosan¥8.11tnFY2025Operating margin 2.6%
Nippon Oil CorporationDelisted 2010
Japan Energy CorporationDelisted 2002
Cosmo Energy Holdings¥2.68tnFY2025Operating margin 5.4%TonenGeneral Sekiyu K.K.Delisted 2017
INPEX¥2.01tnFY2025Operating margin 56.5%Mitsubishi Oil Co., Ltd.Delisted 1999
Japan Petroleum Exploration (JAPEX)¥340bnFY2025Operating margin 11.4%
Income statement Revenue, costs, each level of profit and the margins they leave
Where the revenue goes
¥ bnMargins
%Revenue net sales, operating revenue
FYE Mar 2026 ¥340bn
CAGR · 10 yrs +5.7%
| Fiscal year | Revenue ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 207 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 231 | +11.3% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 268 | +16.2% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 319 | +19.0% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 240 | −24.7% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 249 | +3.8% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 336 | +35.1% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 326 | −3.2% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 389 | +19.4% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 340 | −12.5% | Cons. · Japanese GAAP |
Cost of sales
FYE Mar 2026 ¥264bn
CAGR · 10 yrs +4.7%
| Fiscal year | Cost of sales ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 175 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 191 | +9.4% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 233 | +21.8% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 272 | +16.6% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 204 | −25.1% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 199 | −2.1% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 240 | +20.7% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 239 | −0.8% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 290 | +21.5% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 264 | −9.1% | Cons. · Japanese GAAP |
Gross profit
FYE Mar 2026 ¥77bn
CAGR · 10 yrs +10.1%
| Fiscal year | Gross profit ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 32.2 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 39.3 | +22.0% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 34.8 | −11.2% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 47.0 | +35.0% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 36.5 | −22.3% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 49.9 | +36.6% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 96.1 | +92.6% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 87.3 | −9.2% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 99.2 | +13.6% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 76.7 | −22.6% | Cons. · Japanese GAAP |
SG&A selling, general and administrative expenses
FYE Mar 2026 ¥36bn
CAGR · 10 yrs +2.0%
| Fiscal year | SG&A ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 30.0 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 29.2 | −2.7% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 31.7 | +8.8% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 31.9 | +0.4% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 31.4 | −1.6% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 29.7 | −5.2% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 31.1 | +4.7% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 28.5 | −8.4% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 34.0 | +19.1% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 35.9 | +5.6% | Cons. · Japanese GAAP |
Operating profit
FYE Mar 2026 ¥39bn
CAGR · 10 yrs +56.7%
| Fiscal year | Operating profit ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 0.7 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 8.8 | +1179.4% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 2.3 | −73.6% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 14.3 | +517.5% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 4.2 | −70.7% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 19.8 | +372.5% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 62.1 | +213.4% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 55.2 | −11.0% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 62.0 | +12.2% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 38.9 | −37.2% | Cons. · Japanese GAAP |
Non-operating income
FYE Mar 2026 ¥28bn
CAGR · 10 yrs +14.9%
| Fiscal year | Non-operating income ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 8.0 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 8.8 | +9.9% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 20.8 | +136.2% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 23.7 | +13.7% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 9.9 | −58.2% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 30.1 | +204.1% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 23.6 | −21.6% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 15.7 | −33.5% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 7.9 | −49.4% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 27.9 | +251.0% | Cons. · Japanese GAAP |
Non-operating expenses
FYE Mar 2026 ¥5.2bn
CAGR · 10 yrs −2.3%
| Fiscal year | Non-operating expenses ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 6.5 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 13.7 | +112.2% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 10.6 | −22.9% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 5.3 | −49.9% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 4.1 | −23.0% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 6.2 | +52.3% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 2.5 | −59.0% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 2.1 | −16.0% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 5.7 | +168.1% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 5.2 | −8.5% | Cons. · Japanese GAAP |
Ordinary profit keijo rieki
FYE Mar 2026 ¥62bn
CAGR · 10 yrs +44.6%
| Fiscal year | Ordinary profit ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 2.2 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 3.8 | +72.3% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 12.5 | +227.1% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 32.6 | +160.6% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 10.0 | −69.4% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 43.7 | +336.7% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 83.1 | +90.3% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 68.8 | −17.2% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 64.2 | −6.7% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 61.6 | −4.1% | Cons. · Japanese GAAP |
Extraordinary income
FYE Mar 2026 ¥5.1bn
CAGR · 10 yrs +16.3%
| Fiscal year | Extraordinary income ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 1.3 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 5.0 | +284.5% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 0.7 | −85.7% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 0.0 | −99.9% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 0.0 | +1000.0% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 83.6 | +759863.6% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 0.0 | −100.0% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 0.0 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2025 | 45.8 | +4583900.0% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 5.1 | −88.9% | Cons. · Japanese GAAP |
Extraordinary loss
FYE Mar 2026 n/a
CAGR · 3 yrs −98.7%
| Fiscal year | Extraordinary loss ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | n/a | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | n/a | n/a | Cons. · Japanese GAAP |
| FYE Mar 2019 | n/a | n/a | Cons. · Japanese GAAP |
| FYE Mar 2020 | n/a | n/a | Cons. · Japanese GAAP |
| FYE Mar 2021 | n/a | n/a | Cons. · Japanese GAAP |
| FYE Mar 2022 | 146 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2023 | 0.0 | −100.0% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 0.0 | −45.7% | Cons. · Japanese GAAP |
| FYE Mar 2025 | n/a | n/a | Cons. · Japanese GAAP |
| FYE Mar 2026 | n/a | n/a | Cons. · Japanese GAAP |
Net profit profit attributable to owners of the parent
FYE Mar 2026 ¥53bn
CAGR · 10 yrs +35.6%
| Fiscal year | Net profit ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 3.4 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | -31.0 | −999.2% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 14.8 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2020 | 26.8 | +81.6% | Cons. · Japanese GAAP |
| FYE Mar 2021 | -2.7 | −110.2% | Cons. · Japanese GAAP |
| FYE Mar 2022 | -31.0 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2023 | 67.4 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2024 | 53.7 | −20.4% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 81.2 | +51.2% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 53.4 | −34.2% | Cons. · Japanese GAAP |
Gross margin
FYE Mar 2026 22.5%
Average · 10 yrs 19.9%
| Fiscal year | Gross margin % | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 15.5 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 17.0 | +1.5pp | Cons. · Japanese GAAP |
| FYE Mar 2019 | 13.0 | −4.0pp | Cons. · Japanese GAAP |
| FYE Mar 2020 | 14.8 | +1.8pp | Cons. · Japanese GAAP |
| FYE Mar 2021 | 15.2 | +0.5pp | Cons. · Japanese GAAP |
| FYE Mar 2022 | 20.0 | +4.8pp | Cons. · Japanese GAAP |
| FYE Mar 2023 | 28.6 | +8.5pp | Cons. · Japanese GAAP |
| FYE Mar 2024 | 26.8 | −1.8pp | Cons. · Japanese GAAP |
| FYE Mar 2025 | 25.5 | −1.3pp | Cons. · Japanese GAAP |
| FYE Mar 2026 | 22.5 | −2.9pp | Cons. · Japanese GAAP |
Operating margin
FYE Mar 2026 11.4%
Average · 10 yrs 8.2%
| Fiscal year | Operating margin % | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 0.3 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 3.8 | +3.5pp | Cons. · Japanese GAAP |
| FYE Mar 2019 | 0.9 | −2.9pp | Cons. · Japanese GAAP |
| FYE Mar 2020 | 4.5 | +3.6pp | Cons. · Japanese GAAP |
| FYE Mar 2021 | 1.7 | −2.7pp | Cons. · Japanese GAAP |
| FYE Mar 2022 | 8.0 | +6.2pp | Cons. · Japanese GAAP |
| FYE Mar 2023 | 18.5 | +10.5pp | Cons. · Japanese GAAP |
| FYE Mar 2024 | 17.0 | −1.5pp | Cons. · Japanese GAAP |
| FYE Mar 2025 | 15.9 | −1.0pp | Cons. · Japanese GAAP |
| FYE Mar 2026 | 11.4 | −4.5pp | Cons. · Japanese GAAP |
Ordinary margin
FYE Mar 2026 18.1%
Average · 10 yrs 12.0%
| Fiscal year | Ordinary margin % | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 1.1 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 1.7 | +0.6pp | Cons. · Japanese GAAP |
| FYE Mar 2019 | 4.7 | +3.0pp | Cons. · Japanese GAAP |
| FYE Mar 2020 | 10.2 | +5.6pp | Cons. · Japanese GAAP |
| FYE Mar 2021 | 4.2 | −6.1pp | Cons. · Japanese GAAP |
| FYE Mar 2022 | 17.5 | +13.4pp | Cons. · Japanese GAAP |
| FYE Mar 2023 | 24.7 | +7.2pp | Cons. · Japanese GAAP |
| FYE Mar 2024 | 21.1 | −3.6pp | Cons. · Japanese GAAP |
| FYE Mar 2025 | 16.5 | −4.6pp | Cons. · Japanese GAAP |
| FYE Mar 2026 | 18.1 | +1.6pp | Cons. · Japanese GAAP |
Net margin
FYE Mar 2026 15.7%
Average · 10 yrs 6.2%
| Fiscal year | Net margin % | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 1.7 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | -13.4 | −15.1pp | Cons. · Japanese GAAP |
| FYE Mar 2019 | 5.5 | +18.9pp | Cons. · Japanese GAAP |
| FYE Mar 2020 | 8.4 | +2.9pp | Cons. · Japanese GAAP |
| FYE Mar 2021 | -1.1 | −9.5pp | Cons. · Japanese GAAP |
| FYE Mar 2022 | -12.4 | −11.3pp | Cons. · Japanese GAAP |
| FYE Mar 2023 | 20.0 | +32.5pp | Cons. · Japanese GAAP |
| FYE Mar 2024 | 16.5 | −3.6pp | Cons. · Japanese GAAP |
| FYE Mar 2025 | 20.9 | +4.4pp | Cons. · Japanese GAAP |
| FYE Mar 2026 | 15.7 | −5.2pp | Cons. · Japanese GAAP |
Cost-of-sales ratio
FYE Mar 2026 77.5%
Average · 10 yrs 80.1%
| Fiscal year | Cost-of-sales ratio % | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 84.5 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 83.0 | −1.5pp | Cons. · Japanese GAAP |
| FYE Mar 2019 | 87.0 | +4.0pp | Cons. · Japanese GAAP |
| FYE Mar 2020 | 85.2 | −1.8pp | Cons. · Japanese GAAP |
| FYE Mar 2021 | 84.8 | −0.5pp | Cons. · Japanese GAAP |
| FYE Mar 2022 | 80.0 | −4.8pp | Cons. · Japanese GAAP |
| FYE Mar 2023 | 71.4 | −8.5pp | Cons. · Japanese GAAP |
| FYE Mar 2024 | 73.2 | +1.8pp | Cons. · Japanese GAAP |
| FYE Mar 2025 | 74.5 | +1.3pp | Cons. · Japanese GAAP |
| FYE Mar 2026 | 77.5 | +2.9pp | Cons. · Japanese GAAP |
SG&A ratio
FYE Mar 2026 10.5%
Average · 10 yrs 11.1%
| Fiscal year | SG&A ratio % | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 14.5 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 12.6 | −1.8pp | Cons. · Japanese GAAP |
| FYE Mar 2019 | 11.8 | −0.8pp | Cons. · Japanese GAAP |
| FYE Mar 2020 | 10.0 | −1.9pp | Cons. · Japanese GAAP |
| FYE Mar 2021 | 13.1 | +3.1pp | Cons. · Japanese GAAP |
| FYE Mar 2022 | 11.9 | −1.1pp | Cons. · Japanese GAAP |
| FYE Mar 2023 | 9.3 | −2.7pp | Cons. · Japanese GAAP |
| FYE Mar 2024 | 8.7 | −0.5pp | Cons. · Japanese GAAP |
| FYE Mar 2025 | 8.7 | −0.0pp | Cons. · Japanese GAAP |
| FYE Mar 2026 | 10.5 | +1.8pp | Cons. · Japanese GAAP |
Balance sheet Assets, debt and equity, and what they say about financial strength
What the balance sheet is made of
¥ bnFinancial strength
%Total assets
FYE Mar 2026 ¥862bn
CAGR · 10 yrs +1.6%
| Fiscal year | Total assets ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 747 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 700 | −6.3% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 655 | −6.3% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 627 | −4.3% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 625 | −0.4% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 472 | −24.5% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 568 | +20.4% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 661 | +16.3% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 682 | +3.1% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 862 | +26.5% | Cons. · Japanese GAAP |
Equity net assets, shareholders' equity
FYE Mar 2026 ¥628bn
CAGR · 10 yrs +4.1%
| Fiscal year | Equity ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 438 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 425 | −2.8% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 416 | −2.0% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 403 | −3.3% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 400 | −0.6% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 372 | −7.1% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 426 | +14.5% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 504 | +18.4% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 528 | +4.7% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 628 | +18.9% | Cons. · Japanese GAAP |
Interest-bearing debt
FYE Mar 2026 n/a
Average · 9 yrs ¥72bn
| Fiscal year | Interest-bearing debt ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 142 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 136 | −4.2% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 128 | −6.1% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 126 | −1.7% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 112 | −10.6% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 0.8 | −99.3% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 0.5 | −33.8% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 0.3 | −51.0% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 0.0 | −100.0% | Cons. · Japanese GAAP |
| FYE Mar 2026 | n/a | n/a | Cons. · Japanese GAAP |
Short-term borrowings
FYE Mar 2026 n/a
CAGR · 5 yrs −56.3%
| Fiscal year | Short-term borrowings ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | n/a | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | n/a | n/a | Cons. · Japanese GAAP |
| FYE Mar 2019 | n/a | n/a | Cons. · Japanese GAAP |
| FYE Mar 2020 | 6.8 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2021 | 62.2 | +809.9% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 0.3 | −99.6% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 0.3 | −0.0% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 0.3 | −3.8% | Cons. · Japanese GAAP |
| FYE Mar 2025 | n/a | n/a | Cons. · Japanese GAAP |
| FYE Mar 2026 | n/a | n/a | Cons. · Japanese GAAP |
Long-term borrowings
FYE Mar 2026 n/a
CAGR · 7 yrs −65.2%
| Fiscal year | Long-term borrowings ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 142 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 136 | −4.2% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 128 | −6.1% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 119 | −7.0% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 50.2 | −57.8% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 0.5 | −99.0% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 0.3 | −51.0% | Cons. · Japanese GAAP |
| FYE Mar 2024 | n/a | n/a | Cons. · Japanese GAAP |
| FYE Mar 2025 | n/a | n/a | Cons. · Japanese GAAP |
| FYE Mar 2026 | n/a | n/a | Cons. · Japanese GAAP |
Intangible assets
FYE Mar 2026 ¥5.5bn
CAGR · 10 yrs −4.6%
| Fiscal year | Intangible assets ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 8.5 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 8.2 | −3.1% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 7.4 | −10.1% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 6.8 | −7.8% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 6.1 | −10.2% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 5.8 | −5.3% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 5.6 | −4.0% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 5.3 | −5.5% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 5.1 | −3.2% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 5.5 | +8.7% | Cons. · Japanese GAAP |
Equity ratio
FYE Mar 2026 72.8%
Average · 10 yrs 69.1%
| Fiscal year | Equity ratio % | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 58.6 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 60.8 | +2.2pp | Cons. · Japanese GAAP |
| FYE Mar 2019 | 63.6 | +2.8pp | Cons. · Japanese GAAP |
| FYE Mar 2020 | 64.2 | +0.7pp | Cons. · Japanese GAAP |
| FYE Mar 2021 | 64.0 | −0.2pp | Cons. · Japanese GAAP |
| FYE Mar 2022 | 78.7 | +14.7pp | Cons. · Japanese GAAP |
| FYE Mar 2023 | 74.9 | −3.8pp | Cons. · Japanese GAAP |
| FYE Mar 2024 | 76.2 | +1.3pp | Cons. · Japanese GAAP |
| FYE Mar 2025 | 77.4 | +1.2pp | Cons. · Japanese GAAP |
| FYE Mar 2026 | 72.8 | −4.7pp | Cons. · Japanese GAAP |
Debt-to-equity ratio D/E ratio
FYE Mar 2026 n/a
Average · 9 yrs 17.2%
| Fiscal year | Debt-to-equity ratio % | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 32.4 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 32.0 | −0.5pp | Cons. · Japanese GAAP |
| FYE Mar 2019 | 30.7 | −1.3pp | Cons. · Japanese GAAP |
| FYE Mar 2020 | 31.2 | +0.5pp | Cons. · Japanese GAAP |
| FYE Mar 2021 | 28.1 | −3.1pp | Cons. · Japanese GAAP |
| FYE Mar 2022 | 0.2 | −27.9pp | Cons. · Japanese GAAP |
| FYE Mar 2023 | 0.1 | −0.1pp | Cons. · Japanese GAAP |
| FYE Mar 2024 | 0.0 | −0.1pp | Cons. · Japanese GAAP |
| FYE Mar 2025 | 0.0 | −0.0pp | Cons. · Japanese GAAP |
| FYE Mar 2026 | n/a | n/a | Cons. · Japanese GAAP |
ROE return on equity
FYE Mar 2026 8.5%
Average · 10 yrs 4.5%
| Fiscal year | ROE % | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 0.8 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | -7.3 | −8.1pp | Cons. · Japanese GAAP |
| FYE Mar 2019 | 3.5 | +10.8pp | Cons. · Japanese GAAP |
| FYE Mar 2020 | 6.7 | +3.1pp | Cons. · Japanese GAAP |
| FYE Mar 2021 | -0.7 | −7.3pp | Cons. · Japanese GAAP |
| FYE Mar 2022 | -8.3 | −7.7pp | Cons. · Japanese GAAP |
| FYE Mar 2023 | 15.8 | +24.2pp | Cons. · Japanese GAAP |
| FYE Mar 2024 | 10.6 | −5.2pp | Cons. · Japanese GAAP |
| FYE Mar 2025 | 15.4 | +4.7pp | Cons. · Japanese GAAP |
| FYE Mar 2026 | 8.5 | −6.9pp | Cons. · Japanese GAAP |
ROA return on assets
FYE Mar 2026 6.2%
Average · 10 yrs 3.4%
| Fiscal year | ROA % | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 0.5 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | -4.4 | −4.9pp | Cons. · Japanese GAAP |
| FYE Mar 2019 | 2.3 | +6.7pp | Cons. · Japanese GAAP |
| FYE Mar 2020 | 4.3 | +2.0pp | Cons. · Japanese GAAP |
| FYE Mar 2021 | -0.4 | −4.7pp | Cons. · Japanese GAAP |
| FYE Mar 2022 | -6.6 | −6.1pp | Cons. · Japanese GAAP |
| FYE Mar 2023 | 11.9 | +18.4pp | Cons. · Japanese GAAP |
| FYE Mar 2024 | 8.1 | −3.7pp | Cons. · Japanese GAAP |
| FYE Mar 2025 | 11.9 | +3.8pp | Cons. · Japanese GAAP |
| FYE Mar 2026 | 6.2 | −5.7pp | Cons. · Japanese GAAP |
Asset turnover
FYE Mar 2026 0.39×
CAGR · 10 yrs +4.0%
| Fiscal year | Asset turnover × | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 0.28 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 0.33 | +18.9% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 0.41 | +24.0% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 0.51 | +24.3% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 0.38 | −24.4% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 0.53 | +37.4% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 0.59 | +12.2% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 0.49 | −16.7% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 0.57 | +15.8% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 0.39 | −30.9% | Cons. · Japanese GAAP |
Cash flow statement Cash from operations, investment and financing, and what is left on hand
The three cash flows
¥ bnCash against debt
¥ bnOperating cash flow
FYE Mar 2026 ¥103bn
CAGR · 10 yrs +10.0%
| Fiscal year | Operating cash flow ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 43.7 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 52.9 | +21.1% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 31.0 | −41.4% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 69.9 | +125.7% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 43.3 | −38.1% | Cons. · Japanese GAAP |
| FYE Mar 2022 | -1.1 | −102.4% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 105 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2024 | 90.6 | −13.4% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 131 | +44.4% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 103 | −21.3% | Cons. · Japanese GAAP |
Investing cash flow
FYE Mar 2026 -¥200bn
Average · 10 yrs -¥59bn
| Fiscal year | Investing cash flow ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | -84.7 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | -54.2 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2019 | -14.0 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2020 | -18.7 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2021 | -6.5 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2022 | 52.1 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2023 | -52.7 | −201.3% | Cons. · Japanese GAAP |
| FYE Mar 2024 | -99.7 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2025 | -107 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2026 | -200 | n/a | Cons. · Japanese GAAP |
Financing cash flow
FYE Mar 2026 ¥6.0bn
CAGR · 10 yrs −11.7%
| Fiscal year | Financing cash flow ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 18.4 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | -1.2 | −106.5% | Cons. · Japanese GAAP |
| FYE Mar 2019 | -15.5 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2020 | -13.7 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2021 | -15.6 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2022 | -70.9 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2023 | -14.5 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2024 | -28.6 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2025 | -38.7 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2026 | 6.0 | n/a | Cons. · Japanese GAAP |
Cash and equivalents
FYE Mar 2026 ¥50bn
CAGR · 10 yrs −7.8%
| Fiscal year | Cash and equivalents ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 104 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 99.9 | −3.6% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 101 | +0.7% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 138 | +37.4% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 158 | +14.3% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 145 | −8.5% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 186 | +28.8% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 153 | −18.0% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 141 | −7.6% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 50.0 | −64.6% | Cons. · Japanese GAAP |
Free cash flow
FYE Mar 2026 -¥98bn
Average · 10 yrs ¥8.3bn
| Fiscal year | FCF ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | -41.0 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | -1.3 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2019 | 17.0 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2020 | 51.2 | +201.1% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 36.8 | −28.1% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 51.0 | +38.6% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 51.9 | +1.7% | Cons. · Japanese GAAP |
| FYE Mar 2024 | -9.1 | −117.5% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 23.7 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2026 | -97.5 | −511.6% | Cons. · Japanese GAAP |
Operating cash flow margin
FYE Mar 2026 30.3%
Average · 10 yrs 21.8%
| Fiscal year | OCF margin % | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 21.1 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 22.9 | +1.8pp | Cons. · Japanese GAAP |
| FYE Mar 2019 | 11.6 | −11.4pp | Cons. · Japanese GAAP |
| FYE Mar 2020 | 21.9 | +10.4pp | Cons. · Japanese GAAP |
| FYE Mar 2021 | 18.0 | −3.9pp | Cons. · Japanese GAAP |
| FYE Mar 2022 | -0.4 | −18.4pp | Cons. · Japanese GAAP |
| FYE Mar 2023 | 31.1 | +31.5pp | Cons. · Japanese GAAP |
| FYE Mar 2024 | 27.8 | −3.3pp | Cons. · Japanese GAAP |
| FYE Mar 2025 | 33.6 | +5.8pp | Cons. · Japanese GAAP |
| FYE Mar 2026 | 30.3 | −3.4pp | Cons. · Japanese GAAP |
Net cash
FYE Mar 2026 n/a
Average · 9 yrs ¥64bn
| Fiscal year | Net cash ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | -38.3 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | -36.1 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2019 | -27.1 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2020 | 12.7 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2021 | 45.6 | +260.5% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 144 | +215.2% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 186 | +29.2% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 152 | −17.9% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 141 | −7.5% | Cons. · Japanese GAAP |
| FYE Mar 2026 | n/a | n/a | Cons. · Japanese GAAP |
Shares and share price Shares outstanding, price, market capitalisation and the valuation multiples
Market capitalisation
FYE Mar 2026 ¥670bn
Change · 7 yrs +¥524bn
| Fiscal year | Market capitalisation ¥ bn | Basis |
|---|---|---|
| FYE Mar 2017 | 146 | n/a |
| FYE Mar 2018 | n/a | n/a |
| FYE Mar 2019 | 137 | n/a |
| FYE Mar 2020 | 102 | n/a |
| FYE Mar 2021 | n/a | n/a |
| FYE Mar 2022 | n/a | n/a |
| FYE Mar 2023 | 242 | n/a |
| FYE Mar 2024 | 373 | n/a |
| FYE Mar 2025 | 299 | n/a |
| FYE Mar 2026 | 670 | n/a |
Share price year-end close
FYE Mar 2026 2,607¥
Change · 7 yrs +58¥
| Fiscal year | Share price ¥ | Basis |
|---|---|---|
| FYE Mar 2017 | 2,549 | n/a |
| FYE Mar 2018 | n/a | n/a |
| FYE Mar 2019 | 2,396 | n/a |
| FYE Mar 2020 | 1,778 | n/a |
| FYE Mar 2021 | n/a | n/a |
| FYE Mar 2022 | n/a | n/a |
| FYE Mar 2023 | 4,464 | n/a |
| FYE Mar 2024 | 6,862 | n/a |
| FYE Mar 2025 | 1,162 | n/a |
| FYE Mar 2026 | 2,607 | n/a |
EPS earnings per share
FYE Mar 2026 208.74¥
Change · 10 yrs +148.50¥
| Fiscal year | EPS ¥ | Basis |
|---|---|---|
| FYE Mar 2017 | 60.24 | Cons. |
| FYE Mar 2018 | -541.70 | Cons. |
| FYE Mar 2019 | 258.44 | Cons. |
| FYE Mar 2020 | 469.18 | Cons. |
| FYE Mar 2021 | -9.55 | Cons. |
| FYE Mar 2022 | -109.13 | Cons. |
| FYE Mar 2023 | 247.33 | Cons. |
| FYE Mar 2024 | 198.89 | Cons. |
| FYE Mar 2025 | 314.91 | Cons. |
| FYE Mar 2026 | 208.74 | Cons. |
BPS book value per share
FYE Mar 2026 2,441.78¥
Change · 10 yrs −5,213.29¥
| Fiscal year | BPS ¥ | Basis |
|---|---|---|
| FYE Mar 2017 | 7,655.07 | Cons. · Japanese GAAP |
| FYE Mar 2018 | 7,438.06 | Cons. · Japanese GAAP |
| FYE Mar 2019 | 7,287.12 | Cons. · Japanese GAAP |
| FYE Mar 2020 | 7,046.00 | Cons. · Japanese GAAP |
| FYE Mar 2021 | 7,001.64 | Cons. · Japanese GAAP |
| FYE Mar 2022 | 6,502.41 | Cons. · Japanese GAAP |
| FYE Mar 2023 | 7,838.55 | Cons. · Japanese GAAP |
| FYE Mar 2024 | 9,279.98 | Cons. · Japanese GAAP |
| FYE Mar 2025 | 2,053.48 | Cons. · Japanese GAAP |
| FYE Mar 2026 | 2,441.78 | Cons. · Japanese GAAP |
PER price-to-earnings ratio
FYE Mar 2026 12.49×
Average · 7 yrs 11.72×
| Fiscal year | PER × | Basis |
|---|---|---|
| FYE Mar 2017 | 42.31 | Cons. |
| FYE Mar 2018 | n/a | Cons. |
| FYE Mar 2019 | 9.27 | Cons. |
| FYE Mar 2020 | 3.79 | Cons. |
| FYE Mar 2021 | n/a | Cons. |
| FYE Mar 2022 | n/a | Cons. |
| FYE Mar 2023 | 3.61 | Cons. |
| FYE Mar 2024 | 6.90 | Cons. |
| FYE Mar 2025 | 3.69 | Cons. |
| FYE Mar 2026 | 12.49 | Cons. |
PBR price-to-book ratio
FYE Mar 2026 1.06×
Average · 7 yrs 0.55×
| Fiscal year | PBR × | Basis |
|---|---|---|
| FYE Mar 2017 | 0.33 | Cons. |
| FYE Mar 2018 | n/a | Cons. |
| FYE Mar 2019 | 0.33 | Cons. |
| FYE Mar 2020 | 0.25 | Cons. |
| FYE Mar 2021 | n/a | Cons. |
| FYE Mar 2022 | n/a | Cons. |
| FYE Mar 2023 | 0.57 | Cons. |
| FYE Mar 2024 | 0.72 | Cons. |
| FYE Mar 2025 | 0.56 | Cons. |
| FYE Mar 2026 | 1.06 | Cons. |
Workforce and productivity Headcount, pay and what each employee accounts for
Group employees
FYE Mar 2026 1,670people
Change · 10 yrs −155 people
| Fiscal year | Group employees people | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 1,825 | n/a | Cons. |
| FYE Mar 2018 | 1,788 | −2.0% | Cons. |
| FYE Mar 2019 | 1,741 | −2.6% | Cons. |
| FYE Mar 2020 | 1,739 | −0.1% | Cons. |
| FYE Mar 2021 | 1,780 | +2.4% | Cons. |
| FYE Mar 2022 | 1,634 | −8.2% | Cons. |
| FYE Mar 2023 | 1,617 | −1.0% | Cons. |
| FYE Mar 2024 | 1,641 | +1.5% | Cons. |
| FYE Mar 2025 | 1,653 | +0.7% | Cons. |
| FYE Mar 2026 | 1,670 | +1.0% | Cons. |
Parent-company employees
FYE Mar 2026 993people
Change · 10 yrs +96 people
| Fiscal year | Parent-company employees people | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 897 | n/a | Parent |
| FYE Mar 2018 | 920 | +2.6% | Parent |
| FYE Mar 2019 | 904 | −1.7% | Parent |
| FYE Mar 2020 | 919 | +1.7% | Parent |
| FYE Mar 2021 | 937 | +2.0% | Parent |
| FYE Mar 2022 | 965 | +3.0% | Parent |
| FYE Mar 2023 | 954 | −1.1% | Parent |
| FYE Mar 2024 | 979 | +2.6% | Parent |
| FYE Mar 2025 | 972 | −0.7% | Parent |
| FYE Mar 2026 | 993 | +2.2% | Parent |
Average annual pay parent company
FYE Mar 2026 1,061万円
Change · 8 yrs +223万円
| Fiscal year | Average annual pay 万円 | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | n/a | n/a | Parent |
| FYE Mar 2018 | n/a | n/a | Parent |
| FYE Mar 2019 | 837 | n/a | Parent |
| FYE Mar 2020 | 868 | +3.6% | Parent |
| FYE Mar 2021 | 882 | +1.6% | Parent |
| FYE Mar 2022 | 854 | −3.1% | Parent |
| FYE Mar 2023 | 857 | +0.3% | Parent |
| FYE Mar 2024 | 959 | +11.9% | Parent |
| FYE Mar 2025 | 1,031 | +7.6% | Parent |
| FYE Mar 2026 | 1,061 | +2.8% | Parent |
Average age
FYE Mar 2026 39.8years
Change · 8 yrs −0.7 years
| Fiscal year | Average age years | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | n/a | n/a | Parent |
| FYE Mar 2018 | n/a | n/a | Parent |
| FYE Mar 2019 | 40.5 | n/a | Parent |
| FYE Mar 2020 | 40.9 | +0.9% | Parent |
| FYE Mar 2021 | 40.7 | −0.4% | Parent |
| FYE Mar 2022 | 40.5 | −0.5% | Parent |
| FYE Mar 2023 | 40.5 | −0.0% | Parent |
| FYE Mar 2024 | 40.4 | −0.3% | Parent |
| FYE Mar 2025 | 40.1 | −0.7% | Parent |
| FYE Mar 2026 | 39.8 | −0.7% | Parent |
Average length of service
FYE Mar 2026 14.1years
Change · 8 yrs −3.8 years
| Fiscal year | Average length of service years | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | n/a | n/a | Parent |
| FYE Mar 2018 | n/a | n/a | Parent |
| FYE Mar 2019 | 17.9 | n/a | Parent |
| FYE Mar 2020 | 17.1 | −4.5% | Parent |
| FYE Mar 2021 | 16.6 | −3.0% | Parent |
| FYE Mar 2022 | 16.0 | −3.3% | Parent |
| FYE Mar 2023 | 15.7 | −1.7% | Parent |
| FYE Mar 2024 | 15.0 | −4.7% | Parent |
| FYE Mar 2025 | 14.7 | −1.8% | Parent |
| FYE Mar 2026 | 14.1 | −4.4% | Parent |
Temporary employees
FYE Mar 2026 497people
Change · 10 yrs −3 people
| Fiscal year | Temporary employees people | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 500 | n/a | n/a |
| FYE Mar 2018 | 489 | −2.2% | n/a |
| FYE Mar 2019 | 494 | +1.0% | n/a |
| FYE Mar 2020 | 473 | −4.3% | n/a |
| FYE Mar 2021 | 464 | −1.9% | n/a |
| FYE Mar 2022 | 443 | −4.5% | n/a |
| FYE Mar 2023 | 482 | +8.8% | n/a |
| FYE Mar 2024 | 494 | +2.5% | n/a |
| FYE Mar 2025 | 516 | +4.5% | n/a |
| FYE Mar 2026 | 497 | −3.7% | n/a |
Revenue per employee
FYE Mar 2026 ¥204m
Change · 10 yrs +¥90.3m
| Fiscal year | Revenue per employee ¥ m | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 113 | n/a | Cons. |
| FYE Mar 2018 | 129 | +13.6% | Cons. |
| FYE Mar 2019 | 154 | +19.3% | Cons. |
| FYE Mar 2020 | 183 | +19.1% | Cons. |
| FYE Mar 2021 | 135 | −26.4% | Cons. |
| FYE Mar 2022 | 152 | +13.0% | Cons. |
| FYE Mar 2023 | 208 | +36.5% | Cons. |
| FYE Mar 2024 | 199 | −4.6% | Cons. |
| FYE Mar 2025 | 235 | +18.5% | Cons. |
| FYE Mar 2026 | 204 | −13.4% | Cons. |
Operating profit per employee
FYE Mar 2026 ¥23.3m
Change · 10 yrs +¥22.9m
| Fiscal year | OP per employee ¥ m | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 0.4 | n/a | Cons. |
| FYE Mar 2018 | 4.9 | +1205.9% | Cons. |
| FYE Mar 2019 | 1.3 | −72.9% | Cons. |
| FYE Mar 2020 | 8.2 | +518.2% | Cons. |
| FYE Mar 2021 | 2.4 | −71.3% | Cons. |
| FYE Mar 2022 | 12.1 | +414.8% | Cons. |
| FYE Mar 2023 | 38.4 | +216.7% | Cons. |
| FYE Mar 2024 | 33.7 | −12.3% | Cons. |
| FYE Mar 2025 | 37.5 | +11.4% | Cons. |
| FYE Mar 2026 | 23.3 | −37.9% | Cons. |
Disclaimer
- Figures are reproduced as filed and are not restated: a change of accounting standard or of consolidation basis moves the series without anything happening to the business. Where that happened, the table says so in place of the year-on-year figure.
- Ratios and per-employee figures are computed from the filed lines rather than taken from the filing, and use year-end balances rather than averages.
Accuracy, liability, reuse and privacy — the full disclaimer →
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