Financials

Kajima: FYE Mar 2026 and ten years of results (51 metrics)

FYE Mar 2026 · Revenue¥3.07tnYoY +5.3%

FYE Mar 2026 · Operating profit¥241bnYoY +58.5%

FYE Mar 2026 · Net profit¥177bnYoY +40.9%

FYE Mar 2026 · Equity ratio39.0%YoY +2.6pp

FYE Mar 2026 · Group employees21,170YoY +141

Fiscal year	Revenue	YoY	Operating profit	YoY	Margin	Net profit	Chief executive	That year
FYE Mar 2017Consolidated	¥1.82tn	n/a	¥155bn	n/a	8.5%	¥105bn	Oshimi Yoshikazu	—
FYE Mar 2018Consolidated	¥1.83tn	+0.5%	¥158bn	+1.9%	8.7%	¥127bn	Oshimi Yoshikazu	—
FYE Mar 2019Consolidated	¥1.97tn	+7.8%	¥143bn	−9.9%	7.2%	¥110bn	Oshimi Yoshikazu	Medium-term plan for 2018–2020 commits ¥500bn of investment
FYE Mar 2020Consolidated	¥2.01tn	+1.8%	¥132bn	−7.5%	6.6%	¥103bn	Oshimi Yoshikazu	The Kajima Smart Production Vision is announced
FYE Mar 2021Consolidated	¥1.91tn	−5.2%	¥127bn	−3.6%	6.7%	¥99bn	Oshimi Yoshikazu	—
FYE Mar 2022Consolidated	¥2.08tn	+9.0%	¥123bn	−3.1%	5.9%	¥104bn	Oshimi Yoshikazu	<a class="en-history_person" href="/tse/1812/executives/ceo/amano-hiromasa/" hreflang="ja">Amano Hiromasa</a> becomes president
FYE Mar 2023Consolidated	¥2.39tn	+15.0%	¥124bn	+0.1%	5.2%	¥112bn	Amano Hiromasa	—
FYE Mar 2024Consolidated	¥2.67tn	+11.4%	¥136bn	+10.3%	5.1%	¥115bn	Amano Hiromasa	—
FYE Mar 2025Consolidated	¥2.91tn	+9.3%	¥152bn	+11.5%	5.2%	¥126bn	Amano Hiromasa	Rodgers Builders of the United States is acquired
FYE Mar 2026Consolidated	¥3.07tn	+5.3%	¥241bn	+58.5%	7.8%	¥177bn	Amano Hiromasa	—

How it compares

Kajima¥3.07tnFY2025Operating margin 7.8%

Obayashi¥2.59tnFY2025Operating margin 7.5%Taisei¥2.09tnFY2025Operating margin 9.0%Shimizu¥2.06tnFY2025Operating margin 5.8%

Takenaka¥1.61tnFY2025Operating margin 5.8%

Kumagaigumi¥488bnFY2025Operating margin 5.6%

Nishimatsu Construction Co., Ltd.¥396bnFY2025Operating margin 7.1%

Okumuragumi¥307bnFY2025Operating margin 5.2%

Income statement Revenue, costs, each level of profit and the margins they leave

Where the revenue goes

¥ bn

Cost of sales SG&A Operating profit

Margins

Gross margin Operating margin Ordinary margin Net margin

Revenue net sales, operating revenue

FYE Mar 2026 ¥3.07tn

CAGR · 10 yrs +6.0%

Fiscal year	Revenue ¥ bn	YoY	Basis
FYE Mar 2017	1,822	n/a	Cons. · Japanese GAAP
FYE Mar 2018	1,831	+0.5%	Cons. · Japanese GAAP
FYE Mar 2019	1,974	+7.8%	Cons. · Japanese GAAP
FYE Mar 2020	2,011	+1.8%	Cons. · Japanese GAAP
FYE Mar 2021	1,907	−5.2%	Cons. · Japanese GAAP
FYE Mar 2022	2,080	+9.0%	Cons. · Japanese GAAP
FYE Mar 2023	2,392	+15.0%	Cons. · Japanese GAAP
FYE Mar 2024	2,665	+11.4%	Cons. · Japanese GAAP
FYE Mar 2025	2,912	+9.3%	Cons. · Japanese GAAP
FYE Mar 2026	3,067	+5.3%	Cons. · Japanese GAAP

Definition: Everything the company took in from its own business
Formula: Revenue line of the income statement
Source: Securities report (XBRL)

Cost of sales

FYE Mar 2026 ¥2.64tn

CAGR · 10 yrs +5.9%

Fiscal year	Cost of sales ¥ bn	YoY	Basis
FYE Mar 2017	1,575	n/a	Cons. · Japanese GAAP
FYE Mar 2018	1,572	−0.2%	Cons. · Japanese GAAP
FYE Mar 2019	1,723	+9.6%	Cons. · Japanese GAAP
FYE Mar 2020	1,763	+2.3%	Cons. · Japanese GAAP
FYE Mar 2021	1,666	−5.5%	Cons. · Japanese GAAP
FYE Mar 2022	1,824	+9.5%	Cons. · Japanese GAAP
FYE Mar 2023	2,124	+16.5%	Cons. · Japanese GAAP
FYE Mar 2024	2,374	+11.7%	Cons. · Japanese GAAP
FYE Mar 2025	2,589	+9.1%	Cons. · Japanese GAAP
FYE Mar 2026	2,641	+2.0%	Cons. · Japanese GAAP

Definition: The cost of what was sold
Formula: Cost of sales line of the income statement
Source: Securities report (XBRL)

Gross profit

FYE Mar 2026 ¥426bn

CAGR · 10 yrs +6.2%

Fiscal year	Gross profit ¥ bn	YoY	Basis
FYE Mar 2017	247	n/a	Cons. · Japanese GAAP
FYE Mar 2018	259	+4.8%	Cons. · Japanese GAAP
FYE Mar 2019	251	−3.0%	Cons. · Japanese GAAP
FYE Mar 2020	248	−1.2%	Cons. · Japanese GAAP
FYE Mar 2021	241	−2.7%	Cons. · Japanese GAAP
FYE Mar 2022	256	+5.9%	Cons. · Japanese GAAP
FYE Mar 2023	267	+4.5%	Cons. · Japanese GAAP
FYE Mar 2024	292	+9.1%	Cons. · Japanese GAAP
FYE Mar 2025	323	+10.9%	Cons. · Japanese GAAP
FYE Mar 2026	426	+31.8%	Cons. · Japanese GAAP

Definition: What the product or service itself earns
Formula: Revenue − cost of sales
Source: Securities report (XBRL)

SG&A selling, general and administrative expenses

FYE Mar 2026 ¥185bn

CAGR · 10 yrs +8.1%

Fiscal year	SG&A ¥ bn	YoY	Basis
FYE Mar 2017	91.7	n/a	Cons. · Japanese GAAP
FYE Mar 2018	101	+9.7%	Cons. · Japanese GAAP
FYE Mar 2019	109	+8.0%	Cons. · Japanese GAAP
FYE Mar 2020	116	+7.0%	Cons. · Japanese GAAP
FYE Mar 2021	114	−1.7%	Cons. · Japanese GAAP
FYE Mar 2022	132	+16.0%	Cons. · Japanese GAAP
FYE Mar 2023	144	+8.5%	Cons. · Japanese GAAP
FYE Mar 2024	155	+8.2%	Cons. · Japanese GAAP
FYE Mar 2025	171	+10.3%	Cons. · Japanese GAAP
FYE Mar 2026	185	+8.0%	Cons. · Japanese GAAP

Definition: The cost of selling and of running the company
Formula: SG&A line of the income statement
Source: Securities report (XBRL)

Operating profit

FYE Mar 2026 ¥241bn

CAGR · 10 yrs +5.0%

Fiscal year	Operating profit ¥ bn	YoY	Basis
FYE Mar 2017	155	n/a	Cons. · Japanese GAAP
FYE Mar 2018	158	+1.9%	Cons. · Japanese GAAP
FYE Mar 2019	143	−9.9%	Cons. · Japanese GAAP
FYE Mar 2020	132	−7.5%	Cons. · Japanese GAAP
FYE Mar 2021	127	−3.6%	Cons. · Japanese GAAP
FYE Mar 2022	123	−3.1%	Cons. · Japanese GAAP
FYE Mar 2023	124	+0.1%	Cons. · Japanese GAAP
FYE Mar 2024	136	+10.3%	Cons. · Japanese GAAP
FYE Mar 2025	152	+11.5%	Cons. · Japanese GAAP
FYE Mar 2026	241	+58.5%	Cons. · Japanese GAAP

Definition: What the core business earns
Formula: Gross profit − SG&A
Source: Securities report (XBRL)

Non-operating income

FYE Mar 2026 ¥36bn

CAGR · 10 yrs +8.6%

Fiscal year	Non-operating income ¥ bn	YoY	Basis
FYE Mar 2017	17.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	26.8	+57.3%	Cons. · Japanese GAAP
FYE Mar 2019	26.6	−0.8%	Cons. · Japanese GAAP
FYE Mar 2020	21.8	−18.0%	Cons. · Japanese GAAP
FYE Mar 2021	19.0	−12.9%	Cons. · Japanese GAAP
FYE Mar 2022	34.7	+82.8%	Cons. · Japanese GAAP
FYE Mar 2023	44.5	+28.4%	Cons. · Japanese GAAP
FYE Mar 2024	31.4	−29.6%	Cons. · Japanese GAAP
FYE Mar 2025	37.4	+19.2%	Cons. · Japanese GAAP
FYE Mar 2026	35.9	−4.1%	Cons. · Japanese GAAP

Definition: Income from outside the core business
Formula: Non-operating income line of the income statement
Source: Securities report (XBRL)

Non-operating expenses

FYE Mar 2026 ¥36bn

CAGR · 10 yrs +16.8%

Fiscal year	Non-operating expenses ¥ bn	YoY	Basis
FYE Mar 2017	9.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	5.4	−39.5%	Cons. · Japanese GAAP
FYE Mar 2019	6.3	+15.8%	Cons. · Japanese GAAP
FYE Mar 2020	7.1	+13.3%	Cons. · Japanese GAAP
FYE Mar 2021	6.5	−8.0%	Cons. · Japanese GAAP
FYE Mar 2022	6.0	−8.8%	Cons. · Japanese GAAP
FYE Mar 2023	11.3	+90.3%	Cons. · Japanese GAAP
FYE Mar 2024	17.5	+54.2%	Cons. · Japanese GAAP
FYE Mar 2025	28.6	+63.6%	Cons. · Japanese GAAP
FYE Mar 2026	36.2	+26.5%	Cons. · Japanese GAAP

Definition: Costs arising outside the core business
Formula: Non-operating expenses line of the income statement
Source: Securities report (XBRL)

Ordinary profit keijo rieki

FYE Mar 2026 ¥240bn

CAGR · 10 yrs +4.4%

Fiscal year	Ordinary profit ¥ bn	YoY	Basis
FYE Mar 2017	163	n/a	Cons. · Japanese GAAP
FYE Mar 2018	180	+10.0%	Cons. · Japanese GAAP
FYE Mar 2019	163	−9.4%	Cons. · Japanese GAAP
FYE Mar 2020	147	−10.0%	Cons. · Japanese GAAP
FYE Mar 2021	140	−4.7%	Cons. · Japanese GAAP
FYE Mar 2022	152	+8.9%	Cons. · Japanese GAAP
FYE Mar 2023	157	+3.0%	Cons. · Japanese GAAP
FYE Mar 2024	150	−4.2%	Cons. · Japanese GAAP
FYE Mar 2025	161	+7.0%	Cons. · Japanese GAAP
FYE Mar 2026	240	+49.6%	Cons. · Japanese GAAP

Definition: A level of profit that exists only under Japanese GAAP
Formula: Operating profit + non-operating income − non-operating expenses
Source: Securities report (XBRL)

Extraordinary income

FYE Mar 2026 ¥18bn

CAGR · 10 yrs +44.4%

Fiscal year	Extraordinary income ¥ bn	YoY	Basis
FYE Mar 2017	0.6	n/a	Cons. · Japanese GAAP
FYE Mar 2018	5.3	+732.6%	Cons. · Japanese GAAP
FYE Mar 2019	4.6	−13.3%	Cons. · Japanese GAAP
FYE Mar 2020	5.9	+26.5%	Cons. · Japanese GAAP
FYE Mar 2021	10.5	+79.6%	Cons. · Japanese GAAP
FYE Mar 2022	18.0	+70.8%	Cons. · Japanese GAAP
FYE Mar 2023	12.8	−28.6%	Cons. · Japanese GAAP
FYE Mar 2024	20.6	+60.7%	Cons. · Japanese GAAP
FYE Mar 2025	19.8	−3.7%	Cons. · Japanese GAAP
FYE Mar 2026	17.5	−11.8%	Cons. · Japanese GAAP

Definition: One-off gains, such as an asset sale
Formula: Extraordinary income line of the income statement
Source: Securities report (XBRL)

Net profit profit attributable to owners of the parent

FYE Mar 2026 ¥177bn

CAGR · 10 yrs +6.0%

Fiscal year	Net profit ¥ bn	YoY	Basis
FYE Mar 2017	105	n/a	Cons. · Japanese GAAP
FYE Mar 2018	127	+20.9%	Cons. · Japanese GAAP
FYE Mar 2019	110	−13.4%	Cons. · Japanese GAAP
FYE Mar 2020	103	−6.0%	Cons. · Japanese GAAP
FYE Mar 2021	98.5	−4.6%	Cons. · Japanese GAAP
FYE Mar 2022	104	+5.4%	Cons. · Japanese GAAP
FYE Mar 2023	112	+7.6%	Cons. · Japanese GAAP
FYE Mar 2024	115	+2.9%	Cons. · Japanese GAAP
FYE Mar 2025	126	+9.4%	Cons. · Japanese GAAP
FYE Mar 2026	177	+40.9%	Cons. · Japanese GAAP

Definition: What is left after tax
Formula: Pre-tax profit − income taxes
Source: Securities report (XBRL)

Gross margin

FYE Mar 2026 13.9%

Average · 10 yrs 12.5%

Fiscal year	Gross margin %	YoY	Basis
FYE Mar 2017	13.6	n/a	Cons. · Japanese GAAP
FYE Mar 2018	14.1	+0.6pp	Cons. · Japanese GAAP
FYE Mar 2019	12.7	−1.4pp	Cons. · Japanese GAAP
FYE Mar 2020	12.3	−0.4pp	Cons. · Japanese GAAP
FYE Mar 2021	12.7	+0.3pp	Cons. · Japanese GAAP
FYE Mar 2022	12.3	−0.4pp	Cons. · Japanese GAAP
FYE Mar 2023	11.2	−1.1pp	Cons. · Japanese GAAP
FYE Mar 2024	10.9	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2025	11.1	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2026	13.9	+2.8pp	Cons. · Japanese GAAP

Definition: The share of revenue left after the cost of sales
Formula: Gross profit ÷ revenue
Source: Securities report (XBRL)

Operating margin

FYE Mar 2026 7.8%

Average · 10 yrs 6.7%

Fiscal year	Operating margin %	YoY	Basis
FYE Mar 2017	8.5	n/a	Cons. · Japanese GAAP
FYE Mar 2018	8.7	+0.1pp	Cons. · Japanese GAAP
FYE Mar 2019	7.2	−1.4pp	Cons. · Japanese GAAP
FYE Mar 2020	6.6	−0.7pp	Cons. · Japanese GAAP
FYE Mar 2021	6.7	+0.1pp	Cons. · Japanese GAAP
FYE Mar 2022	5.9	−0.7pp	Cons. · Japanese GAAP
FYE Mar 2023	5.2	−0.8pp	Cons. · Japanese GAAP
FYE Mar 2024	5.1	−0.1pp	Cons. · Japanese GAAP
FYE Mar 2025	5.2	+0.1pp	Cons. · Japanese GAAP
FYE Mar 2026	7.8	+2.6pp	Cons. · Japanese GAAP

Definition: The share of revenue the core business keeps
Formula: Operating profit ÷ revenue
Source: Securities report (XBRL)

Ordinary margin

FYE Mar 2026 7.8%

Average · 10 yrs 7.5%

Fiscal year	Ordinary margin %	YoY	Basis
FYE Mar 2017	9.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	9.8	+0.8pp	Cons. · Japanese GAAP
FYE Mar 2019	8.3	−1.6pp	Cons. · Japanese GAAP
FYE Mar 2020	7.3	−1.0pp	Cons. · Japanese GAAP
FYE Mar 2021	7.3	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2022	7.3	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2023	6.6	−0.8pp	Cons. · Japanese GAAP
FYE Mar 2024	5.6	−0.9pp	Cons. · Japanese GAAP
FYE Mar 2025	5.5	−0.1pp	Cons. · Japanese GAAP
FYE Mar 2026	7.8	+2.3pp	Cons. · Japanese GAAP

Definition: The share of revenue left at the ordinary-profit line
Formula: Ordinary profit ÷ revenue
Source: Securities report (XBRL)

Net margin

FYE Mar 2026 5.8%

Average · 10 yrs 5.3%

Fiscal year	Net margin %	YoY	Basis
FYE Mar 2017	5.8	n/a	Cons. · Japanese GAAP
FYE Mar 2018	6.9	+1.2pp	Cons. · Japanese GAAP
FYE Mar 2019	5.6	−1.4pp	Cons. · Japanese GAAP
FYE Mar 2020	5.1	−0.4pp	Cons. · Japanese GAAP
FYE Mar 2021	5.2	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2022	5.0	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2023	4.7	−0.3pp	Cons. · Japanese GAAP
FYE Mar 2024	4.3	−0.4pp	Cons. · Japanese GAAP
FYE Mar 2025	4.3	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2026	5.8	+1.5pp	Cons. · Japanese GAAP

Definition: The share of revenue left after everything
Formula: Net profit ÷ revenue
Source: Securities report (XBRL)

Cost-of-sales ratio

FYE Mar 2026 86.1%

Average · 10 yrs 87.5%

Fiscal year	Cost-of-sales ratio %	YoY	Basis
FYE Mar 2017	86.4	n/a	Cons. · Japanese GAAP
FYE Mar 2018	85.9	−0.6pp	Cons. · Japanese GAAP
FYE Mar 2019	87.3	+1.4pp	Cons. · Japanese GAAP
FYE Mar 2020	87.7	+0.4pp	Cons. · Japanese GAAP
FYE Mar 2021	87.3	−0.3pp	Cons. · Japanese GAAP
FYE Mar 2022	87.7	+0.4pp	Cons. · Japanese GAAP
FYE Mar 2023	88.8	+1.1pp	Cons. · Japanese GAAP
FYE Mar 2024	89.1	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2025	88.9	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2026	86.1	−2.8pp	Cons. · Japanese GAAP

Definition: The share of revenue taken by the cost of sales
Formula: Cost of sales ÷ revenue
Source: Securities report (XBRL)

SG&A ratio

FYE Mar 2026 6.0%

Average · 10 yrs 5.8%

Fiscal year	SG&A ratio %	YoY	Basis
FYE Mar 2017	5.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	5.5	+0.5pp	Cons. · Japanese GAAP
FYE Mar 2019	5.5	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2020	5.8	+0.3pp	Cons. · Japanese GAAP
FYE Mar 2021	6.0	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2022	6.4	+0.4pp	Cons. · Japanese GAAP
FYE Mar 2023	6.0	−0.4pp	Cons. · Japanese GAAP
FYE Mar 2024	5.8	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2025	5.9	+0.1pp	Cons. · Japanese GAAP
FYE Mar 2026	6.0	+0.2pp	Cons. · Japanese GAAP

Definition: The share of revenue taken by selling and administrative costs
Formula: SG&A ÷ revenue
Source: Securities report (XBRL)

Balance sheet Assets, debt and equity, and what they say about financial strength

What the balance sheet is made of

¥ bn

Equity Liabilities and non-controlling interests

Financial strength

Equity ratio Debt-to-equity

Total assets

FYE Mar 2026 ¥3.62tn

CAGR · 10 yrs +6.9%

Fiscal year	Total assets ¥ bn	YoY	Basis
FYE Mar 2017	1,993	n/a	Cons. · Japanese GAAP
FYE Mar 2018	2,051	+2.9%	Cons. · Japanese GAAP
FYE Mar 2019	2,091	+1.9%	Cons. · Japanese GAAP
FYE Mar 2020	2,172	+3.9%	Cons. · Japanese GAAP
FYE Mar 2021	2,165	−0.3%	Cons. · Japanese GAAP
FYE Mar 2022	2,338	+8.0%	Cons. · Japanese GAAP
FYE Mar 2023	2,770	+18.5%	Cons. · Japanese GAAP
FYE Mar 2024	3,135	+13.2%	Cons. · Japanese GAAP
FYE Mar 2025	3,455	+10.2%	Cons. · Japanese GAAP
FYE Mar 2026	3,624	+4.9%	Cons. · Japanese GAAP

Definition: Everything the company holds
Formula: Total assets line of the balance sheet
Source: Securities report (XBRL)

Equity net assets, shareholders' equity

FYE Mar 2026 ¥1.42tn

CAGR · 10 yrs +11.1%

Fiscal year	Equity ¥ bn	YoY	Basis
FYE Mar 2017	549	n/a	Cons. · Japanese GAAP
FYE Mar 2018	666	+21.4%	Cons. · Japanese GAAP
FYE Mar 2019	753	+13.1%	Cons. · Japanese GAAP
FYE Mar 2020	792	+5.1%	Cons. · Japanese GAAP
FYE Mar 2021	875	+10.5%	Cons. · Japanese GAAP
FYE Mar 2022	946	+8.1%	Cons. · Japanese GAAP
FYE Mar 2023	1,052	+11.3%	Cons. · Japanese GAAP
FYE Mar 2024	1,210	+15.0%	Cons. · Japanese GAAP
FYE Mar 2025	1,258	+4.0%	Cons. · Japanese GAAP
FYE Mar 2026	1,415	+12.5%	Cons. · Japanese GAAP

Definition: The part of the funding that never has to be repaid
Formula: Net assets line of the balance sheet
Source: Securities report (XBRL)

Interest-bearing debt

FYE Mar 2026 ¥707bn

CAGR · 10 yrs +14.0%

Fiscal year	Interest-bearing debt ¥ bn	YoY	Basis
FYE Mar 2017	218	n/a	Cons. · Japanese GAAP
FYE Mar 2018	214	−1.9%	Cons. · Japanese GAAP
FYE Mar 2019	224	+4.6%	Cons. · Japanese GAAP
FYE Mar 2020	232	+3.7%	Cons. · Japanese GAAP
FYE Mar 2021	267	+15.2%	Cons. · Japanese GAAP
FYE Mar 2022	270	+1.1%	Cons. · Japanese GAAP
FYE Mar 2023	418	+54.8%	Cons. · Japanese GAAP
FYE Mar 2024	533	+27.5%	Cons. · Japanese GAAP
FYE Mar 2025	611	+14.8%	Cons. · Japanese GAAP
FYE Mar 2026	707	+15.7%	Cons. · Japanese GAAP

Definition: Borrowings the company pays interest on
Formula: Loans + bonds + lease obligations
Source: Securities report (XBRL)

Short-term borrowings

FYE Mar 2026 ¥387bn

CAGR · 10 yrs +8.6%

Fiscal year	Short-term borrowings ¥ bn	YoY	Basis
FYE Mar 2017	184	n/a	Cons. · Japanese GAAP
FYE Mar 2018	180	−2.1%	Cons. · Japanese GAAP
FYE Mar 2019	140	−22.4%	Cons. · Japanese GAAP
FYE Mar 2020	196	+40.4%	Cons. · Japanese GAAP
FYE Mar 2021	153	−21.9%	Cons. · Japanese GAAP
FYE Mar 2022	215	+40.0%	Cons. · Japanese GAAP
FYE Mar 2023	284	+32.5%	Cons. · Japanese GAAP
FYE Mar 2024	360	+26.4%	Cons. · Japanese GAAP
FYE Mar 2025	464	+29.0%	Cons. · Japanese GAAP
FYE Mar 2026	387	−16.5%	Cons. · Japanese GAAP

Definition: Borrowings repayable within a year
Formula: Short-term borrowings line of the balance sheet
Source: Securities report (XBRL)

Long-term borrowings

FYE Mar 2026 ¥320bn

CAGR · 10 yrs +10.7%

Fiscal year	Long-term borrowings ¥ bn	YoY	Basis
FYE Mar 2017	129	n/a	Cons. · Japanese GAAP
FYE Mar 2018	124	−3.3%	Cons. · Japanese GAAP
FYE Mar 2019	119	−4.6%	Cons. · Japanese GAAP
FYE Mar 2020	80.4	−32.3%	Cons. · Japanese GAAP
FYE Mar 2021	124	+53.7%	Cons. · Japanese GAAP
FYE Mar 2022	95.2	−23.0%	Cons. · Japanese GAAP
FYE Mar 2023	173	+82.1%	Cons. · Japanese GAAP
FYE Mar 2024	208	+20.2%	Cons. · Japanese GAAP
FYE Mar 2025	232	+11.5%	Cons. · Japanese GAAP
FYE Mar 2026	320	+37.8%	Cons. · Japanese GAAP

Definition: Borrowings repayable in more than a year
Formula: Long-term borrowings line of the balance sheet
Source: Securities report (XBRL)

Bonds

FYE Mar 2026 n/a

CAGR · 9 yrs +6.0%

Fiscal year	Bonds ¥ bn	YoY	Basis
FYE Mar 2017	60.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	40.0	−33.3%	Cons. · Japanese GAAP
FYE Mar 2019	40.0	−0.0%	Cons. · Japanese GAAP
FYE Mar 2020	50.0	+25.0%	Cons. · Japanese GAAP
FYE Mar 2021	40.0	−20.0%	Cons. · Japanese GAAP
FYE Mar 2022	50.0	+25.0%	Cons. · Japanese GAAP
FYE Mar 2023	80.1	+60.1%	Cons. · Japanese GAAP
FYE Mar 2024	44.8	−44.0%	Cons. · Japanese GAAP
FYE Mar 2025	95.9	+114.0%	Cons. · Japanese GAAP
FYE Mar 2026	n/a	n/a	Cons. · Japanese GAAP

Definition: Bonds outstanding
Formula: Bonds line of the balance sheet
Source: Securities report (XBRL)

Intangible assets

FYE Mar 2026 ¥31bn

CAGR · 10 yrs +15.6%

Fiscal year	Intangible assets ¥ bn	YoY	Basis
FYE Mar 2017	8.4	n/a	Cons. · Japanese GAAP
FYE Mar 2018	10.5	+25.2%	Cons. · Japanese GAAP
FYE Mar 2019	11.7	+10.6%	Cons. · Japanese GAAP
FYE Mar 2020	11.5	−1.0%	Cons. · Japanese GAAP
FYE Mar 2021	11.3	−1.9%	Cons. · Japanese GAAP
FYE Mar 2022	14.9	+31.5%	Cons. · Japanese GAAP
FYE Mar 2023	27.7	+86.2%	Cons. · Japanese GAAP
FYE Mar 2024	26.6	−3.9%	Cons. · Japanese GAAP
FYE Mar 2025	30.0	+12.5%	Cons. · Japanese GAAP
FYE Mar 2026	31.0	+3.6%	Cons. · Japanese GAAP

Definition: Assets with no physical form
Formula: Intangible assets line of the balance sheet
Source: Securities report (XBRL)

Goodwill

FYE Mar 2026 ¥1.9bn

Average · 10 yrs ¥1.5bn

Fiscal year	Goodwill ¥ bn	YoY	Basis
FYE Mar 2017	0.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	0.0	n/a	Cons. · Japanese GAAP
FYE Mar 2019	2.3	n/a	Cons. · Japanese GAAP
FYE Mar 2020	1.4	−38.0%	Cons. · Japanese GAAP
FYE Mar 2021	0.8	−44.6%	Cons. · Japanese GAAP
FYE Mar 2022	3.7	+361.8%	Cons. · Japanese GAAP
FYE Mar 2023	1.4	−62.2%	Cons. · Japanese GAAP
FYE Mar 2024	1.1	−20.0%	Cons. · Japanese GAAP
FYE Mar 2025	2.6	+129.4%	Cons. · Japanese GAAP
FYE Mar 2026	1.9	−26.1%	Cons. · Japanese GAAP

Definition: What an acquisition cost above the net assets it brought
Formula: Goodwill line of the balance sheet
Source: Securities report (XBRL)

Equity ratio

FYE Mar 2026 39.0%

Average · 10 yrs 36.5%

Fiscal year	Equity ratio %	YoY	Basis
FYE Mar 2017	27.5	n/a	Cons. · Japanese GAAP
FYE Mar 2018	32.5	+4.9pp	Cons. · Japanese GAAP
FYE Mar 2019	36.0	+3.6pp	Cons. · Japanese GAAP
FYE Mar 2020	36.5	+0.4pp	Cons. · Japanese GAAP
FYE Mar 2021	40.4	+4.0pp	Cons. · Japanese GAAP
FYE Mar 2022	40.5	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2023	38.0	−2.5pp	Cons. · Japanese GAAP
FYE Mar 2024	38.6	+0.6pp	Cons. · Japanese GAAP
FYE Mar 2025	36.4	−2.2pp	Cons. · Japanese GAAP
FYE Mar 2026	39.0	+2.6pp	Cons. · Japanese GAAP

Definition: How much of the balance sheet is funded without debt
Formula: Equity ÷ total assets
Source: Securities report (XBRL)

Debt-to-equity ratio D/E ratio

FYE Mar 2026 50.0%

Average · 10 yrs 37.2%

Fiscal year	Debt-to-equity ratio %	YoY	Basis
FYE Mar 2017	39.7	n/a	Cons. · Japanese GAAP
FYE Mar 2018	32.1	−7.6pp	Cons. · Japanese GAAP
FYE Mar 2019	29.7	−2.4pp	Cons. · Japanese GAAP
FYE Mar 2020	29.3	−0.4pp	Cons. · Japanese GAAP
FYE Mar 2021	30.5	+1.2pp	Cons. · Japanese GAAP
FYE Mar 2022	28.5	−2.0pp	Cons. · Japanese GAAP
FYE Mar 2023	39.7	+11.1pp	Cons. · Japanese GAAP
FYE Mar 2024	44.0	+4.3pp	Cons. · Japanese GAAP
FYE Mar 2025	48.6	+4.6pp	Cons. · Japanese GAAP
FYE Mar 2026	50.0	+1.4pp	Cons. · Japanese GAAP

Definition: Borrowings measured against the company's own capital
Formula: Interest-bearing debt ÷ equity
Source: Securities report (XBRL)

ROE return on equity

FYE Mar 2026 12.5%

Average · 10 yrs 13.1%

Fiscal year	ROE %	YoY	Basis
FYE Mar 2017	19.1	n/a	Cons. · Japanese GAAP
FYE Mar 2018	19.0	−0.1pp	Cons. · Japanese GAAP
FYE Mar 2019	14.6	−4.5pp	Cons. · Japanese GAAP
FYE Mar 2020	13.0	−1.5pp	Cons. · Japanese GAAP
FYE Mar 2021	11.3	−1.8pp	Cons. · Japanese GAAP
FYE Mar 2022	11.0	−0.3pp	Cons. · Japanese GAAP
FYE Mar 2023	10.6	−0.4pp	Cons. · Japanese GAAP
FYE Mar 2024	9.5	−1.1pp	Cons. · Japanese GAAP
FYE Mar 2025	10.0	+0.5pp	Cons. · Japanese GAAP
FYE Mar 2026	12.5	+2.5pp	Cons. · Japanese GAAP

Definition: What the shareholders' capital earns
Formula: Net profit ÷ equity
Source: Securities report (XBRL)

ROA return on assets

FYE Mar 2026 4.9%

Average · 10 yrs 4.7%

Fiscal year	ROA %	YoY	Basis
FYE Mar 2017	5.3	n/a	Cons. · Japanese GAAP
FYE Mar 2018	6.2	+0.9pp	Cons. · Japanese GAAP
FYE Mar 2019	5.3	−0.9pp	Cons. · Japanese GAAP
FYE Mar 2020	4.8	−0.5pp	Cons. · Japanese GAAP
FYE Mar 2021	4.6	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2022	4.4	−0.1pp	Cons. · Japanese GAAP
FYE Mar 2023	4.0	−0.4pp	Cons. · Japanese GAAP
FYE Mar 2024	3.7	−0.4pp	Cons. · Japanese GAAP
FYE Mar 2025	3.6	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2026	4.9	+1.3pp	Cons. · Japanese GAAP

Definition: What the whole balance sheet earns
Formula: Net profit ÷ total assets
Source: Securities report (XBRL)

Asset turnover

FYE Mar 2026 0.85×

CAGR · 10 yrs −0.9%

Fiscal year	Asset turnover ×	YoY	Basis
FYE Mar 2017	0.91	n/a	Cons. · Japanese GAAP
FYE Mar 2018	0.89	−2.4%	Cons. · Japanese GAAP
FYE Mar 2019	0.94	+5.8%	Cons. · Japanese GAAP
FYE Mar 2020	0.93	−1.9%	Cons. · Japanese GAAP
FYE Mar 2021	0.88	−4.8%	Cons. · Japanese GAAP
FYE Mar 2022	0.89	+1.0%	Cons. · Japanese GAAP
FYE Mar 2023	0.86	−2.9%	Cons. · Japanese GAAP
FYE Mar 2024	0.85	−1.5%	Cons. · Japanese GAAP
FYE Mar 2025	0.84	−0.8%	Cons. · Japanese GAAP
FYE Mar 2026	0.85	+0.4%	Cons. · Japanese GAAP

Definition: How much revenue each yen of assets produces
Formula: Revenue ÷ total assets
Source: Securities report (XBRL)

Cash flow statement Cash from operations, investment and financing, and what is left on hand

The three cash flows

¥ bn

Operating CF Investing CF Financing CF

Cash against debt

¥ bn

Cash and equivalents Interest-bearing debt Net cash

Operating cash flow

FYE Mar 2026 ¥115bn

CAGR · 10 yrs −5.3%

Fiscal year	Operating cash flow ¥ bn	YoY	Basis
FYE Mar 2017	188	n/a	Cons. · Japanese GAAP
FYE Mar 2018	120	−35.8%	Cons. · Japanese GAAP
FYE Mar 2019	30.4	−74.8%	Cons. · Japanese GAAP
FYE Mar 2020	53.1	+74.6%	Cons. · Japanese GAAP
FYE Mar 2021	153	+188.5%	Cons. · Japanese GAAP
FYE Mar 2022	30.2	−80.3%	Cons. · Japanese GAAP
FYE Mar 2023	-29.1	−196.4%	Cons. · Japanese GAAP
FYE Mar 2024	124	n/a	Cons. · Japanese GAAP
FYE Mar 2025	30.6	−75.2%	Cons. · Japanese GAAP
FYE Mar 2026	115	+274.1%	Cons. · Japanese GAAP

Definition: Cash the business itself generated
Formula: Cash flow from operating activities
Source: Securities report (XBRL)

Investing cash flow

FYE Mar 2026 -¥47bn

Average · 10 yrs -¥62bn

Fiscal year	Investing cash flow ¥ bn	YoY	Basis
FYE Mar 2017	-31.9	n/a	Cons. · Japanese GAAP
FYE Mar 2018	-47.4	n/a	Cons. · Japanese GAAP
FYE Mar 2019	-25.3	n/a	Cons. · Japanese GAAP
FYE Mar 2020	-102	n/a	Cons. · Japanese GAAP
FYE Mar 2021	-65.4	n/a	Cons. · Japanese GAAP
FYE Mar 2022	-51.2	n/a	Cons. · Japanese GAAP
FYE Mar 2023	-81.7	n/a	Cons. · Japanese GAAP
FYE Mar 2024	-62.9	n/a	Cons. · Japanese GAAP
FYE Mar 2025	-105	n/a	Cons. · Japanese GAAP
FYE Mar 2026	-46.5	n/a	Cons. · Japanese GAAP

Definition: Cash spent on, or released by, investment
Formula: Cash flow from investing activities
Source: Securities report (XBRL)

Financing cash flow

FYE Mar 2026 -¥31bn

Average · 10 yrs -¥8.6bn

Fiscal year	Financing cash flow ¥ bn	YoY	Basis
FYE Mar 2017	-20.6	n/a	Cons. · Japanese GAAP
FYE Mar 2018	-53.1	n/a	Cons. · Japanese GAAP
FYE Mar 2019	-75.0	n/a	Cons. · Japanese GAAP
FYE Mar 2020	-10.9	n/a	Cons. · Japanese GAAP
FYE Mar 2021	-39.1	n/a	Cons. · Japanese GAAP
FYE Mar 2022	-20.9	n/a	Cons. · Japanese GAAP
FYE Mar 2023	112	n/a	Cons. · Japanese GAAP
FYE Mar 2024	-9.6	−108.5%	Cons. · Japanese GAAP
FYE Mar 2025	61.7	n/a	Cons. · Japanese GAAP
FYE Mar 2026	-30.5	−149.5%	Cons. · Japanese GAAP

Definition: Cash raised from, or returned to, lenders and shareholders
Formula: Cash flow from financing activities
Source: Securities report (XBRL)

Cash and equivalents

FYE Mar 2026 ¥392bn

CAGR · 10 yrs +0.7%

Fiscal year	Cash and equivalents ¥ bn	YoY	Basis
FYE Mar 2017	367	n/a	Cons. · Japanese GAAP
FYE Mar 2018	389	+6.0%	Cons. · Japanese GAAP
FYE Mar 2019	315	−19.0%	Cons. · Japanese GAAP
FYE Mar 2020	256	−19.0%	Cons. · Japanese GAAP
FYE Mar 2021	301	+17.7%	Cons. · Japanese GAAP
FYE Mar 2022	268	−11.0%	Cons. · Japanese GAAP
FYE Mar 2023	282	+5.4%	Cons. · Japanese GAAP
FYE Mar 2024	350	+24.0%	Cons. · Japanese GAAP
FYE Mar 2025	350	−0.1%	Cons. · Japanese GAAP
FYE Mar 2026	392	+12.2%	Cons. · Japanese GAAP

Definition: Cash on hand at the year end
Formula: Closing balance in the cash flow statement
Source: Securities report (XBRL)

Free cash flow

FYE Mar 2026 ¥68bn

CAGR · 10 yrs −8.8%

Fiscal year	FCF ¥ bn	YoY	Basis
FYE Mar 2017	156	n/a	Cons. · Japanese GAAP
FYE Mar 2018	73.1	−53.0%	Cons. · Japanese GAAP
FYE Mar 2019	5.0	−93.1%	Cons. · Japanese GAAP
FYE Mar 2020	-48.8	−1066.5%	Cons. · Japanese GAAP
FYE Mar 2021	87.7	n/a	Cons. · Japanese GAAP
FYE Mar 2022	-21.0	−123.9%	Cons. · Japanese GAAP
FYE Mar 2023	-111	n/a	Cons. · Japanese GAAP
FYE Mar 2024	60.8	n/a	Cons. · Japanese GAAP
FYE Mar 2025	-74.2	−222.0%	Cons. · Japanese GAAP
FYE Mar 2026	68.1	n/a	Cons. · Japanese GAAP

Definition: What is left once the business has paid for its own investment
Formula: Operating cash flow + investing cash flow
Source: Securities report (XBRL)

Operating cash flow margin

FYE Mar 2026 3.7%

Average · 10 yrs 3.9%

Fiscal year	OCF margin %	YoY	Basis
FYE Mar 2017	10.3	n/a	Cons. · Japanese GAAP
FYE Mar 2018	6.6	−3.7pp	Cons. · Japanese GAAP
FYE Mar 2019	1.5	−5.0pp	Cons. · Japanese GAAP
FYE Mar 2020	2.6	+1.1pp	Cons. · Japanese GAAP
FYE Mar 2021	8.0	+5.4pp	Cons. · Japanese GAAP
FYE Mar 2022	1.5	−6.6pp	Cons. · Japanese GAAP
FYE Mar 2023	-1.2	−2.7pp	Cons. · Japanese GAAP
FYE Mar 2024	4.6	+5.9pp	Cons. · Japanese GAAP
FYE Mar 2025	1.1	−3.6pp	Cons. · Japanese GAAP
FYE Mar 2026	3.7	+2.7pp	Cons. · Japanese GAAP

Definition: How much of the revenue turned into cash
Formula: Operating cash flow ÷ revenue
Source: Securities report (XBRL)

Net cash

FYE Mar 2026 -¥315bn

Average · 10 yrs -¥42bn

Fiscal year	Net cash ¥ bn	YoY	Basis
FYE Mar 2017	150	n/a	Cons. · Japanese GAAP
FYE Mar 2018	176	+17.4%	Cons. · Japanese GAAP
FYE Mar 2019	91.7	−47.7%	Cons. · Japanese GAAP
FYE Mar 2020	23.8	−74.1%	Cons. · Japanese GAAP
FYE Mar 2021	34.0	+42.9%	Cons. · Japanese GAAP
FYE Mar 2022	-2.2	−106.4%	Cons. · Japanese GAAP
FYE Mar 2023	-135	n/a	Cons. · Japanese GAAP
FYE Mar 2024	-183	n/a	Cons. · Japanese GAAP
FYE Mar 2025	-262	n/a	Cons. · Japanese GAAP
FYE Mar 2026	-315	n/a	Cons. · Japanese GAAP

Definition: Cash on hand once the borrowings are paid off
Formula: Cash and equivalents − interest-bearing debt
Source: Securities report (XBRL)

Shares and share price Shares outstanding, price, market capitalisation and the valuation multiples

Market capitalisation

FYE Mar 2026 ¥3.13tn

Change · 10 yrs +¥2.36tn

Fiscal year	Market capitalisation ¥ bn	Basis
FYE Mar 2017	769	n/a
FYE Mar 2018	1,046	n/a
FYE Mar 2019	862	n/a
FYE Mar 2020	584	n/a
FYE Mar 2021	827	n/a
FYE Mar 2022	792	n/a
FYE Mar 2023	844	n/a
FYE Mar 2024	1,654	n/a
FYE Mar 2025	1,606	n/a
FYE Mar 2026	3,132	n/a

Definition: What the market says the company is worth
Formula: Year-end share price × shares outstanding
Source: Securities report (XBRL)

Share price year-end close

FYE Mar 2026 5,925¥

Change · 10 yrs +5,198¥

Fiscal year	Share price ¥	Basis
FYE Mar 2017	727	n/a
FYE Mar 2018	989	n/a
FYE Mar 2019	1,630	n/a
FYE Mar 2020	1,105	n/a
FYE Mar 2021	1,564	n/a
FYE Mar 2022	1,498	n/a
FYE Mar 2023	1,596	n/a
FYE Mar 2024	3,128	n/a
FYE Mar 2025	3,038	n/a
FYE Mar 2026	5,925	n/a

Definition: The closing price on the last day of the fiscal year
Formula: Year-end closing price
Source: Securities report (XBRL)

Shares outstanding

FYE Mar 2026 528,656,000shares

Change · 10 yrs −528,656,000 shares

Fiscal year	Shares outstanding shares	Basis
FYE Mar 2017	1,057,312,000	Parent
FYE Mar 2018	1,057,312,000	Parent
FYE Mar 2019	528,656,000	Parent
FYE Mar 2020	528,656,000	Parent
FYE Mar 2021	528,656,000	Parent
FYE Mar 2022	528,656,000	Parent
FYE Mar 2023	528,656,000	Parent
FYE Mar 2024	528,656,000	Parent
FYE Mar 2025	528,656,000	Parent
FYE Mar 2026	528,656,000	Parent

Definition: How many shares exist
Formula: Shares issued, from the key figures of the filing
Source: Securities report (XBRL)

EPS earnings per share

FYE Mar 2026 379.81¥

Change · 10 yrs +278.80¥

Fiscal year	EPS ¥	Basis
FYE Mar 2017	101.01	Cons.
FYE Mar 2018	244.29	Cons.
FYE Mar 2019	211.67	Cons.
FYE Mar 2020	200.99	Cons.
FYE Mar 2021	193.13	Cons.
FYE Mar 2022	208.00	Cons.
FYE Mar 2023	227.98	Cons.
FYE Mar 2024	238.76	Cons.
FYE Mar 2025	266.49	Cons.
FYE Mar 2026	379.81	Cons.

Definition: Net profit for each share
Formula: Net profit ÷ average shares outstanding
Source: Securities report (XBRL)

BPS book value per share

FYE Mar 2026 2,676.63¥

Change · 10 yrs +2,157.83¥

Fiscal year	BPS ¥	Basis
FYE Mar 2017	518.80	Cons. · Japanese GAAP
FYE Mar 2018	629.92	Cons. · Japanese GAAP
FYE Mar 2019	1,424.89	Cons. · Japanese GAAP
FYE Mar 2020	1,497.74	Cons. · Japanese GAAP
FYE Mar 2021	1,654.84	Cons. · Japanese GAAP
FYE Mar 2022	1,788.89	Cons. · Japanese GAAP
FYE Mar 2023	1,990.77	Cons. · Japanese GAAP
FYE Mar 2024	2,289.09	Cons. · Japanese GAAP
FYE Mar 2025	2,379.86	Cons. · Japanese GAAP
FYE Mar 2026	2,676.63	Cons. · Japanese GAAP

Definition: Equity behind each share
Formula: Equity ÷ shares outstanding
Source: Securities report (XBRL)

PER price-to-earnings ratio

FYE Mar 2026 15.60×

Average · 10 yrs 9.09×

Fiscal year	PER ×	Basis
FYE Mar 2017	7.20	Cons.
FYE Mar 2018	8.10	Cons.
FYE Mar 2019	7.70	Cons.
FYE Mar 2020	5.50	Cons.
FYE Mar 2021	8.10	Cons.
FYE Mar 2022	7.20	Cons.
FYE Mar 2023	7.00	Cons.
FYE Mar 2024	13.10	Cons.
FYE Mar 2025	11.40	Cons.
FYE Mar 2026	15.60	Cons.

Definition: How many years of earnings the price stands for
Formula: Year-end price ÷ EPS
Source: Securities report (XBRL)

PBR price-to-book ratio

FYE Mar 2026 1.95×

Average · 10 yrs 1.15×

Fiscal year	PBR ×	Basis
FYE Mar 2017	1.38	Cons.
FYE Mar 2018	1.54	Cons.
FYE Mar 2019	1.12	Cons.
FYE Mar 2020	0.72	Cons.
FYE Mar 2021	0.90	Cons.
FYE Mar 2022	0.78	Cons.
FYE Mar 2023	0.74	Cons.
FYE Mar 2024	1.24	Cons.
FYE Mar 2025	1.14	Cons.
FYE Mar 2026	1.95	Cons.

Definition: The price measured against the book value behind it
Formula: Year-end price ÷ BPS
Source: Securities report (XBRL)

Workforce and productivity Headcount, pay and what each employee accounts for

Group employees

FYE Mar 2026 21,170people

Change · 10 yrs +4,748 people

Fiscal year	Group employees people	YoY	Basis
FYE Mar 2017	16,422	n/a	Cons.
FYE Mar 2018	17,730	+8.0%	Cons.
FYE Mar 2019	18,297	+3.2%	Cons.
FYE Mar 2020	18,673	+2.1%	Cons.
FYE Mar 2021	18,905	+1.2%	Cons.
FYE Mar 2022	19,295	+2.1%	Cons.
FYE Mar 2023	19,396	+0.5%	Cons.
FYE Mar 2024	19,813	+2.1%	Cons.
FYE Mar 2025	21,029	+6.1%	Cons.
FYE Mar 2026	21,170	+0.7%	Cons.

Definition: Everyone employed across the group
Formula: Consolidated headcount, from the employee section of the filing
Source: Securities report (XBRL)

Parent-company employees

FYE Mar 2026 8,959people

Change · 10 yrs +1,348 people

Fiscal year	Parent-company employees people	YoY	Basis
FYE Mar 2017	7,611	n/a	Parent
FYE Mar 2018	7,686	+1.0%	Parent
FYE Mar 2019	7,783	+1.3%	Parent
FYE Mar 2020	7,887	+1.3%	Parent
FYE Mar 2021	7,989	+1.3%	Parent
FYE Mar 2022	8,080	+1.1%	Parent
FYE Mar 2023	8,129	+0.6%	Parent
FYE Mar 2024	8,219	+1.1%	Parent
FYE Mar 2025	8,854	+7.7%	Parent
FYE Mar 2026	8,959	+1.2%	Parent

Definition: Employees of the filing company itself
Formula: Parent-only headcount, from the employee section of the filing
Source: Securities report (XBRL)

Average annual pay parent company

FYE Mar 2026 1,245万円

Change · 10 yrs +298万円

Fiscal year	Average annual pay 万円	YoY	Basis
FYE Mar 2017	947	n/a	Parent
FYE Mar 2018	1,103	+16.4%	Parent
FYE Mar 2019	1,139	+3.3%	Parent
FYE Mar 2020	1,134	−0.4%	Parent
FYE Mar 2021	1,135	+0.1%	Parent
FYE Mar 2022	1,128	−0.6%	Parent
FYE Mar 2023	1,164	+3.2%	Parent
FYE Mar 2024	1,177	+1.2%	Parent
FYE Mar 2025	1,185	+0.6%	Parent
FYE Mar 2026	1,245	+5.1%	Parent

Definition: Average total annual compensation, bonuses included
Formula: Average annual pay, from the employee section of the filing
Source: Securities report (XBRL)

Average age

FYE Mar 2026 41.2years

Change · 8 yrs −3.0 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	44.2	n/a	Parent
FYE Mar 2020	44.2	−0.0%	Parent
FYE Mar 2021	44.1	−0.2%	Parent
FYE Mar 2022	44.1	−0.0%	Parent
FYE Mar 2023	43.9	−0.5%	Parent
FYE Mar 2024	43.7	−0.5%	Parent
FYE Mar 2025	41.9	−4.1%	Parent
FYE Mar 2026	41.2	−1.7%	Parent

Definition: Average age of the parent company's employees
Formula: Average age, from the employee section of the filing
Source: Securities report (XBRL)

Average length of service

FYE Mar 2026 15.7years

Change · 10 yrs −2.6 years

Fiscal year	Average length of service years	YoY	Basis
FYE Mar 2017	18.3	n/a	Parent
FYE Mar 2018	18.4	+0.5%	Parent
FYE Mar 2019	18.5	+0.5%	Parent
FYE Mar 2020	18.5	−0.0%	Parent
FYE Mar 2021	18.3	−1.1%	Parent
FYE Mar 2022	18.3	−0.0%	Parent
FYE Mar 2023	18.1	−1.1%	Parent
FYE Mar 2024	17.9	−1.1%	Parent
FYE Mar 2025	16.4	−8.4%	Parent
FYE Mar 2026	15.7	−4.3%	Parent

Definition: How long the average employee has been with the company
Formula: Average years of service, from the employee section of the filing
Source: Securities report (XBRL)

Temporary employees

FYE Mar 2026 4,417people

Change · 10 yrs +1,278 people

Fiscal year	Temporary employees people	YoY	Basis
FYE Mar 2017	3,139	n/a	n/a
FYE Mar 2018	3,163	+0.8%	n/a
FYE Mar 2019	3,319	+4.9%	n/a
FYE Mar 2020	3,441	+3.7%	n/a
FYE Mar 2021	3,459	+0.5%	n/a
FYE Mar 2022	3,511	+1.5%	n/a
FYE Mar 2023	3,710	+5.7%	n/a
FYE Mar 2024	4,023	+8.4%	n/a
FYE Mar 2025	4,246	+5.5%	n/a
FYE Mar 2026	4,417	+4.0%	n/a

Definition: Average number of temporary and part-time staff over the year
Formula: Average temporary headcount, from the employee section of the filing
Source: Securities report (XBRL)

Revenue per employee

FYE Mar 2026 ¥145m

Change · 10 yrs +¥34.0m

Fiscal year	Revenue per employee ¥ m	YoY	Basis
FYE Mar 2017	111	n/a	Cons.
FYE Mar 2018	103	−6.9%	Cons.
FYE Mar 2019	108	+4.5%	Cons.
FYE Mar 2020	108	−0.2%	Cons.
FYE Mar 2021	101	−6.3%	Cons.
FYE Mar 2022	108	+6.8%	Cons.
FYE Mar 2023	123	+14.4%	Cons.
FYE Mar 2024	135	+9.1%	Cons.
FYE Mar 2025	138	+2.9%	Cons.
FYE Mar 2026	145	+4.6%	Cons.

Definition: What each employee accounts for in revenue
Formula: Revenue ÷ group employees
Source: Securities report (XBRL)

Operating profit per employee

FYE Mar 2026 ¥11.4m

Change · 10 yrs +¥1.9m

Fiscal year	OP per employee ¥ m	YoY	Basis
FYE Mar 2017	9.5	n/a	Cons.
FYE Mar 2018	8.9	−5.6%	Cons.
FYE Mar 2019	7.8	−12.7%	Cons.
FYE Mar 2020	7.1	−9.3%	Cons.
FYE Mar 2021	6.7	−4.7%	Cons.
FYE Mar 2022	6.4	−5.0%	Cons.
FYE Mar 2023	6.4	−0.4%	Cons.
FYE Mar 2024	6.9	+8.0%	Cons.
FYE Mar 2025	7.2	+5.0%	Cons.
FYE Mar 2026	11.4	+57.5%	Cons.

Definition: What each employee accounts for in operating profit
Formula: Operating profit ÷ group employees
Source: Securities report (XBRL)

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.

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Kajima’s history, presidents and financials are published as static JSON — no key, plain GET. One API per public page, and one per section where a page carries several tables. Full specification →

/api/1812/company.json ·/api/1812/history.json ·/api/1812/ceo.json ·/api/1812/financials.json ·/api/1812/financials/segment.json ·/api/1812/financials/pl.json ·/api/1812/financials/cf.json ·/api/1812/financials/bs.json ·/api/1812/financials/employee.json ·/api/1812/financials/stock.json ·/api/1812/financials.csv ·/api/1812/financials_history.csv

/api/companies.json ·/api/decisions.json ·/api/api-manifest.json