Financials

Ariake Japan: FYE Mar 2026 and ten years of results (49 metrics)

FYE Mar 2026 · Revenue¥67bnYoY +2.4%

FYE Mar 2026 · Operating profit¥12bnYoY +6.0%

FYE Mar 2026 · Net profit¥9.5bnYoY +15.3%

FYE Mar 2026 · Equity ratio88.3%YoY +1.1pp

FYE Mar 2026 · Group employees1,201YoY +35

Fiscal year	Revenue	YoY	Operating profit	YoY	Margin	Net profit	Chief executive	That year
FYE Mar 2017Consolidated	¥49bn	n/a	¥10bn	n/a	21.1%	¥7.6bn	Tagawa Tomoki	—
FYE Mar 2018Consolidated	¥54bn	+11.4%	¥11bn	+10.3%	20.8%	¥8.1bn	Tagawa Tomoki	—
FYE Mar 2019Consolidated	¥57bn	+4.1%	¥12bn	+5.5%	21.1%	¥17bn	Tagawa Tomoki	—
FYE Mar 2020Consolidated	¥52bn	−7.5%	¥12bn	−1.3%	22.5%	¥8.4bn	Tagawa Tomoki	ARIAKE U.S.A. sold to Kerry; gain of <span class="en-history_money" data-yen="13300000000" data-year="2019">$122M (¥13bn)</span>
FYE Mar 2021Consolidated	¥50bn	−5.1%	¥10bn	−14.8%	20.2%	¥7.3bn	Tagawa Tomoki	—
FYE Mar 2022Consolidated	¥53bn	+6.0%	¥11bn	+6.3%	20.3%	¥7.7bn	Tagawa Tomoki	<a class="en-history_person" href="/tse/2815/executives/ceo/shirakawa-naoki/" hreflang="ja">Shirakawa Naoki</a> becomes president
FYE Mar 2023Consolidated	¥56bn	+5.8%	¥8.5bn	−20.8%	15.2%	¥6.4bn	Shirakawa Naoki	—
FYE Mar 2024Consolidated	¥60bn	+7.7%	¥8.7bn	+2.4%	14.4%	¥7.4bn	Shirakawa Naoki	—
FYE Mar 2025Consolidated	¥65bn	+9.0%	¥11bn	+28.3%	17.0%	¥8.2bn	Shirakawa Naoki	New companies in China and Indonesia; re-entry into Virginia
FYE Mar 2026Consolidated	¥67bn	+2.4%	¥12bn	+6.0%	17.6%	¥9.5bn	Shirakawa Naoki	—

How it compares

Ajinomoto¥1.58tnFY2025Operating margin 12.6%Kikkoman¥746bnFY2025Operating margin 10.2%Kewpie¥513bnFY2025Operating margin 6.7%House Foods Group¥317bnFY2025Operating margin 5.8%Kagome¥294bnFY2025Operating margin 7.7%

S&B FOODS INC.¥129bnFY2025Operating margin 8.0%

Kenko Mayonnaise¥92bnFY2025Operating margin 4.5%

Ariake Japan¥67bnFY2025Operating margin 17.6%

Ebara Foods Industry¥50bnFY2025Operating margin 4.8%

Kadoya Sesame Mills Incorporated¥40bnFY2025Operating margin 9.5%

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 ¥67bn

CAGR · 10 yrs +3.6%

Fiscal year	Revenue ¥ bn	YoY	Basis
FYE Mar 2017	48.8	n/a	Cons. · Japanese GAAP
FYE Mar 2018	54.3	+11.4%	Cons. · Japanese GAAP
FYE Mar 2019	56.6	+4.1%	Cons. · Japanese GAAP
FYE Mar 2020	52.3	−7.5%	Cons. · Japanese GAAP
FYE Mar 2021	49.7	−5.1%	Cons. · Japanese GAAP
FYE Mar 2022	52.7	+6.0%	Cons. · Japanese GAAP
FYE Mar 2023	55.7	+5.8%	Cons. · Japanese GAAP
FYE Mar 2024	60.0	+7.7%	Cons. · Japanese GAAP
FYE Mar 2025	65.4	+9.0%	Cons. · Japanese GAAP
FYE Mar 2026	67.0	+2.4%	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 ¥46bn

CAGR · 10 yrs +4.4%

Fiscal year	Cost of sales ¥ bn	YoY	Basis
FYE Mar 2017	31.5	n/a	Cons. · Japanese GAAP
FYE Mar 2018	35.5	+12.8%	Cons. · Japanese GAAP
FYE Mar 2019	36.6	+3.2%	Cons. · Japanese GAAP
FYE Mar 2020	33.0	−10.0%	Cons. · Japanese GAAP
FYE Mar 2021	32.4	−1.7%	Cons. · Japanese GAAP
FYE Mar 2022	34.6	+6.6%	Cons. · Japanese GAAP
FYE Mar 2023	39.4	+14.0%	Cons. · Japanese GAAP
FYE Mar 2024	43.2	+9.7%	Cons. · Japanese GAAP
FYE Mar 2025	45.7	+5.7%	Cons. · Japanese GAAP
FYE Mar 2026	46.4	+1.5%	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 ¥21bn

CAGR · 10 yrs +1.9%

Fiscal year	Gross profit ¥ bn	YoY	Basis
FYE Mar 2017	17.3	n/a	Cons. · Japanese GAAP
FYE Mar 2018	18.8	+8.8%	Cons. · Japanese GAAP
FYE Mar 2019	19.9	+5.7%	Cons. · Japanese GAAP
FYE Mar 2020	19.3	−2.8%	Cons. · Japanese GAAP
FYE Mar 2021	17.3	−10.8%	Cons. · Japanese GAAP
FYE Mar 2022	18.1	+4.9%	Cons. · Japanese GAAP
FYE Mar 2023	16.3	−10.0%	Cons. · Japanese GAAP
FYE Mar 2024	16.8	+2.9%	Cons. · Japanese GAAP
FYE Mar 2025	19.7	+17.6%	Cons. · Japanese GAAP
FYE Mar 2026	20.6	+4.3%	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 ¥8.8bn

CAGR · 10 yrs +2.5%

Fiscal year	SG&A ¥ bn	YoY	Basis
FYE Mar 2017	7.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	7.5	+6.7%	Cons. · Japanese GAAP
FYE Mar 2019	8.0	+6.0%	Cons. · Japanese GAAP
FYE Mar 2020	7.6	−5.1%	Cons. · Japanese GAAP
FYE Mar 2021	7.2	−4.6%	Cons. · Japanese GAAP
FYE Mar 2022	7.4	+2.9%	Cons. · Japanese GAAP
FYE Mar 2023	7.8	+5.7%	Cons. · Japanese GAAP
FYE Mar 2024	8.1	+3.4%	Cons. · Japanese GAAP
FYE Mar 2025	8.6	+6.2%	Cons. · Japanese GAAP
FYE Mar 2026	8.8	+2.1%	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 ¥12bn

CAGR · 10 yrs +1.5%

Fiscal year	Operating profit ¥ bn	YoY	Basis
FYE Mar 2017	10.3	n/a	Cons. · Japanese GAAP
FYE Mar 2018	11.3	+10.3%	Cons. · Japanese GAAP
FYE Mar 2019	11.9	+5.5%	Cons. · Japanese GAAP
FYE Mar 2020	11.8	−1.3%	Cons. · Japanese GAAP
FYE Mar 2021	10.0	−14.8%	Cons. · Japanese GAAP
FYE Mar 2022	10.7	+6.3%	Cons. · Japanese GAAP
FYE Mar 2023	8.5	−20.8%	Cons. · Japanese GAAP
FYE Mar 2024	8.7	+2.4%	Cons. · Japanese GAAP
FYE Mar 2025	11.1	+28.3%	Cons. · Japanese GAAP
FYE Mar 2026	11.8	+6.0%	Cons. · Japanese GAAP

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

Non-operating income

FYE Mar 2026 ¥2.1bn

CAGR · 10 yrs +19.4%

Fiscal year	Non-operating income ¥ bn	YoY	Basis
FYE Mar 2017	0.4	n/a	Cons. · Japanese GAAP
FYE Mar 2018	0.4	+6.1%	Cons. · Japanese GAAP
FYE Mar 2019	0.7	+48.3%	Cons. · Japanese GAAP
FYE Mar 2020	0.4	−44.4%	Cons. · Japanese GAAP
FYE Mar 2021	0.7	+81.9%	Cons. · Japanese GAAP
FYE Mar 2022	0.7	+11.6%	Cons. · Japanese GAAP
FYE Mar 2023	0.8	+11.5%	Cons. · Japanese GAAP
FYE Mar 2024	2.3	+170.3%	Cons. · Japanese GAAP
FYE Mar 2025	1.1	−51.4%	Cons. · Japanese GAAP
FYE Mar 2026	2.1	+89.9%	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 ¥109m

CAGR · 10 yrs −0.6%

Fiscal year	Non-operating expenses ¥ m	YoY	Basis
FYE Mar 2017	115	n/a	Cons. · Japanese GAAP
FYE Mar 2018	206	+79.8%	Cons. · Japanese GAAP
FYE Mar 2019	66.3	−67.9%	Cons. · Japanese GAAP
FYE Mar 2020	250	+277.5%	Cons. · Japanese GAAP
FYE Mar 2021	41.8	−83.3%	Cons. · Japanese GAAP
FYE Mar 2022	91.3	+118.2%	Cons. · Japanese GAAP
FYE Mar 2023	19.9	−78.2%	Cons. · Japanese GAAP
FYE Mar 2024	207	+942.8%	Cons. · Japanese GAAP
FYE Mar 2025	213	+2.6%	Cons. · Japanese GAAP
FYE Mar 2026	109	−48.8%	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 ¥14bn

CAGR · 10 yrs +3.0%

Fiscal year	Ordinary profit ¥ bn	YoY	Basis
FYE Mar 2017	10.6	n/a	Cons. · Japanese GAAP
FYE Mar 2018	11.6	+9.4%	Cons. · Japanese GAAP
FYE Mar 2019	12.5	+8.4%	Cons. · Japanese GAAP
FYE Mar 2020	11.9	−5.1%	Cons. · Japanese GAAP
FYE Mar 2021	10.7	−10.4%	Cons. · Japanese GAAP
FYE Mar 2022	11.3	+6.2%	Cons. · Japanese GAAP
FYE Mar 2023	9.3	−18.2%	Cons. · Japanese GAAP
FYE Mar 2024	10.7	+15.5%	Cons. · Japanese GAAP
FYE Mar 2025	12.0	+12.0%	Cons. · Japanese GAAP
FYE Mar 2026	13.8	+14.6%	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 ¥0.0bn

CAGR · 9 yrs −26.0%

Fiscal year	Extraordinary income ¥ bn	YoY	Basis
FYE Mar 2017	0.4	n/a	Cons. · Japanese GAAP
FYE Mar 2018	0.2	−48.8%	Cons. · Japanese GAAP
FYE Mar 2019	13.3	+7314.2%	Cons. · Japanese GAAP
FYE Mar 2020	0.2	−98.3%	Cons. · Japanese GAAP
FYE Mar 2021	n/a	n/a	Cons. · Japanese GAAP
FYE Mar 2022	0.0	n/a	Cons. · Japanese GAAP
FYE Mar 2023	0.0	+117.3%	Cons. · Japanese GAAP
FYE Mar 2024	0.1	+169.9%	Cons. · Japanese GAAP
FYE Mar 2025	0.1	−4.4%	Cons. · Japanese GAAP
FYE Mar 2026	0.0	−68.1%	Cons. · Japanese GAAP

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

Extraordinary loss

FYE Mar 2026 ¥98.7m

CAGR · 5 yrs +57.0%

Fiscal year	Extraordinary loss ¥ m	YoY	Basis
FYE Mar 2017	16.3	n/a	Cons. · Japanese GAAP
FYE Mar 2018	6.1	−62.2%	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	107	n/a	Cons. · Japanese GAAP
FYE Mar 2022	204	+90.2%	Cons. · Japanese GAAP
FYE Mar 2023	n/a	n/a	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	98.7	n/a	Cons. · Japanese GAAP

Definition: One-off losses, such as an impairment or a restructuring charge
Formula: Extraordinary loss line of the income statement
Source: Securities report (XBRL)

Net profit profit attributable to owners of the parent

FYE Mar 2026 ¥9.5bn

CAGR · 10 yrs +2.5%

Fiscal year	Net profit ¥ bn	YoY	Basis
FYE Mar 2017	7.6	n/a	Cons. · Japanese GAAP
FYE Mar 2018	8.1	+6.8%	Cons. · Japanese GAAP
FYE Mar 2019	16.7	+105.9%	Cons. · Japanese GAAP
FYE Mar 2020	8.4	−49.8%	Cons. · Japanese GAAP
FYE Mar 2021	7.3	−13.1%	Cons. · Japanese GAAP
FYE Mar 2022	7.7	+5.9%	Cons. · Japanese GAAP
FYE Mar 2023	6.4	−17.2%	Cons. · Japanese GAAP
FYE Mar 2024	7.4	+15.2%	Cons. · Japanese GAAP
FYE Mar 2025	8.2	+11.6%	Cons. · Japanese GAAP
FYE Mar 2026	9.5	+15.3%	Cons. · Japanese GAAP

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

Gross margin

FYE Mar 2026 30.7%

Average · 10 yrs 33.0%

Fiscal year	Gross margin %	YoY	Basis
FYE Mar 2017	35.5	n/a	Cons. · Japanese GAAP
FYE Mar 2018	34.7	−0.8pp	Cons. · Japanese GAAP
FYE Mar 2019	35.2	+0.5pp	Cons. · Japanese GAAP
FYE Mar 2020	37.0	+1.8pp	Cons. · Japanese GAAP
FYE Mar 2021	34.7	−2.2pp	Cons. · Japanese GAAP
FYE Mar 2022	34.4	−0.4pp	Cons. · Japanese GAAP
FYE Mar 2023	29.3	−5.1pp	Cons. · Japanese GAAP
FYE Mar 2024	28.0	−1.3pp	Cons. · Japanese GAAP
FYE Mar 2025	30.2	+2.2pp	Cons. · Japanese GAAP
FYE Mar 2026	30.7	+0.6pp	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 17.6%

Average · 10 yrs 19.0%

Fiscal year	Operating margin %	YoY	Basis
FYE Mar 2017	21.1	n/a	Cons. · Japanese GAAP
FYE Mar 2018	20.8	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2019	21.1	+0.3pp	Cons. · Japanese GAAP
FYE Mar 2020	22.5	+1.4pp	Cons. · Japanese GAAP
FYE Mar 2021	20.2	−2.3pp	Cons. · Japanese GAAP
FYE Mar 2022	20.3	+0.1pp	Cons. · Japanese GAAP
FYE Mar 2023	15.2	−5.1pp	Cons. · Japanese GAAP
FYE Mar 2024	14.4	−0.7pp	Cons. · Japanese GAAP
FYE Mar 2025	17.0	+2.6pp	Cons. · Japanese GAAP
FYE Mar 2026	17.6	+0.6pp	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 20.5%

Average · 10 yrs 20.4%

Fiscal year	Ordinary margin %	YoY	Basis
FYE Mar 2017	21.7	n/a	Cons. · Japanese GAAP
FYE Mar 2018	21.3	−0.4pp	Cons. · Japanese GAAP
FYE Mar 2019	22.2	+0.9pp	Cons. · Japanese GAAP
FYE Mar 2020	22.8	+0.6pp	Cons. · Japanese GAAP
FYE Mar 2021	21.5	−1.3pp	Cons. · Japanese GAAP
FYE Mar 2022	21.5	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2023	16.6	−4.9pp	Cons. · Japanese GAAP
FYE Mar 2024	17.9	+1.2pp	Cons. · Japanese GAAP
FYE Mar 2025	18.4	+0.5pp	Cons. · Japanese GAAP
FYE Mar 2026	20.5	+2.2pp	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 14.1%

Average · 10 yrs 15.6%

Fiscal year	Net margin %	YoY	Basis
FYE Mar 2017	15.5	n/a	Cons. · Japanese GAAP
FYE Mar 2018	14.9	−0.6pp	Cons. · Japanese GAAP
FYE Mar 2019	29.5	+14.6pp	Cons. · Japanese GAAP
FYE Mar 2020	16.0	−13.5pp	Cons. · Japanese GAAP
FYE Mar 2021	14.6	−1.4pp	Cons. · Japanese GAAP
FYE Mar 2022	14.6	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2023	11.5	−3.2pp	Cons. · Japanese GAAP
FYE Mar 2024	12.3	+0.8pp	Cons. · Japanese GAAP
FYE Mar 2025	12.5	+0.3pp	Cons. · Japanese GAAP
FYE Mar 2026	14.1	+1.6pp	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 69.3%

Average · 10 yrs 67.0%

Fiscal year	Cost-of-sales ratio %	YoY	Basis
FYE Mar 2017	64.5	n/a	Cons. · Japanese GAAP
FYE Mar 2018	65.3	+0.8pp	Cons. · Japanese GAAP
FYE Mar 2019	64.8	−0.5pp	Cons. · Japanese GAAP
FYE Mar 2020	63.0	−1.8pp	Cons. · Japanese GAAP
FYE Mar 2021	65.3	+2.2pp	Cons. · Japanese GAAP
FYE Mar 2022	65.6	+0.4pp	Cons. · Japanese GAAP
FYE Mar 2023	70.7	+5.1pp	Cons. · Japanese GAAP
FYE Mar 2024	72.0	+1.3pp	Cons. · Japanese GAAP
FYE Mar 2025	69.8	−2.2pp	Cons. · Japanese GAAP
FYE Mar 2026	69.3	−0.6pp	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 13.1%

Average · 10 yrs 13.9%

Fiscal year	SG&A ratio %	YoY	Basis
FYE Mar 2017	14.4	n/a	Cons. · Japanese GAAP
FYE Mar 2018	13.8	−0.6pp	Cons. · Japanese GAAP
FYE Mar 2019	14.1	+0.3pp	Cons. · Japanese GAAP
FYE Mar 2020	14.4	+0.4pp	Cons. · Japanese GAAP
FYE Mar 2021	14.5	+0.1pp	Cons. · Japanese GAAP
FYE Mar 2022	14.1	−0.4pp	Cons. · Japanese GAAP
FYE Mar 2023	14.1	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2024	13.5	−0.6pp	Cons. · Japanese GAAP
FYE Mar 2025	13.2	−0.4pp	Cons. · Japanese GAAP
FYE Mar 2026	13.1	−0.0pp	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 ¥151bn

CAGR · 10 yrs +7.8%

Fiscal year	Total assets ¥ bn	YoY	Basis
FYE Mar 2017	77.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	87.0	+13.0%	Cons. · Japanese GAAP
FYE Mar 2019	107	+22.6%	Cons. · Japanese GAAP
FYE Mar 2020	104	−2.1%	Cons. · Japanese GAAP
FYE Mar 2021	112	+6.9%	Cons. · Japanese GAAP
FYE Mar 2022	120	+7.4%	Cons. · Japanese GAAP
FYE Mar 2023	126	+5.3%	Cons. · Japanese GAAP
FYE Mar 2024	137	+8.2%	Cons. · Japanese GAAP
FYE Mar 2025	146	+6.7%	Cons. · Japanese GAAP
FYE Mar 2026	151	+3.6%	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 ¥133bn

CAGR · 10 yrs +8.3%

Fiscal year	Equity ¥ bn	YoY	Basis
FYE Mar 2017	65.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	73.6	+13.2%	Cons. · Japanese GAAP
FYE Mar 2019	88.4	+20.1%	Cons. · Japanese GAAP
FYE Mar 2020	92.8	+5.0%	Cons. · Japanese GAAP
FYE Mar 2021	98.9	+6.5%	Cons. · Japanese GAAP
FYE Mar 2022	106	+7.6%	Cons. · Japanese GAAP
FYE Mar 2023	112	+5.1%	Cons. · Japanese GAAP
FYE Mar 2024	119	+6.7%	Cons. · Japanese GAAP
FYE Mar 2025	127	+6.6%	Cons. · Japanese GAAP
FYE Mar 2026	133	+4.9%	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 n/a

Average · 3 yrs ¥81.3m

Fiscal year	Interest-bearing debt ¥ m	YoY	Basis
FYE Mar 2017	219	n/a	Cons. · Japanese GAAP
FYE Mar 2018	24.5	−88.8%	Cons. · Japanese GAAP
FYE Mar 2019	0.0	−100.0%	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	n/a	n/a	Cons. · Japanese GAAP
FYE Mar 2023	n/a	n/a	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

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

Intangible assets

FYE Mar 2026 ¥110m

CAGR · 10 yrs −18.9%

Fiscal year	Intangible assets ¥ m	YoY	Basis
FYE Mar 2017	730	n/a	Cons. · Japanese GAAP
FYE Mar 2018	719	−1.5%	Cons. · Japanese GAAP
FYE Mar 2019	592	−17.6%	Cons. · Japanese GAAP
FYE Mar 2020	484	−18.3%	Cons. · Japanese GAAP
FYE Mar 2021	393	−18.8%	Cons. · Japanese GAAP
FYE Mar 2022	307	−21.7%	Cons. · Japanese GAAP
FYE Mar 2023	205	−33.3%	Cons. · Japanese GAAP
FYE Mar 2024	123	−39.9%	Cons. · Japanese GAAP
FYE Mar 2025	125	+1.3%	Cons. · Japanese GAAP
FYE Mar 2026	110	−11.8%	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 n/a

CAGR · 7 yrs −29.0%

Fiscal year	Goodwill ¥ m	YoY	Basis
FYE Mar 2017	620	n/a	Cons. · Japanese GAAP
FYE Mar 2018	580	−6.3%	Cons. · Japanese GAAP
FYE Mar 2019	451	−22.3%	Cons. · Japanese GAAP
FYE Mar 2020	344	−23.8%	Cons. · Japanese GAAP
FYE Mar 2021	261	−24.0%	Cons. · Japanese GAAP
FYE Mar 2022	171	−34.6%	Cons. · Japanese GAAP
FYE Mar 2023	79.4	−53.5%	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

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 88.3%

Average · 10 yrs 86.9%

Fiscal year	Equity ratio %	YoY	Basis
FYE Mar 2017	84.4	n/a	Cons. · Japanese GAAP
FYE Mar 2018	84.5	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2019	82.8	−1.7pp	Cons. · Japanese GAAP
FYE Mar 2020	88.9	+6.0pp	Cons. · Japanese GAAP
FYE Mar 2021	88.5	−0.3pp	Cons. · Japanese GAAP
FYE Mar 2022	88.6	+0.1pp	Cons. · Japanese GAAP
FYE Mar 2023	88.5	−0.1pp	Cons. · Japanese GAAP
FYE Mar 2024	87.2	−1.3pp	Cons. · Japanese GAAP
FYE Mar 2025	87.2	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2026	88.3	+1.1pp	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 n/a

Average · 3 yrs 0.1%

Fiscal year	Debt-to-equity ratio %	YoY	Basis
FYE Mar 2017	0.3	n/a	Cons. · Japanese GAAP
FYE Mar 2018	0.0	−0.3pp	Cons. · Japanese GAAP
FYE Mar 2019	0.0	−0.0pp	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	n/a	n/a	Cons. · Japanese GAAP
FYE Mar 2023	n/a	n/a	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

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 7.1%

Average · 10 yrs 9.1%

Fiscal year	ROE %	YoY	Basis
FYE Mar 2017	11.7	n/a	Cons. · Japanese GAAP
FYE Mar 2018	11.0	−0.7pp	Cons. · Japanese GAAP
FYE Mar 2019	18.9	+7.9pp	Cons. · Japanese GAAP
FYE Mar 2020	9.0	−9.8pp	Cons. · Japanese GAAP
FYE Mar 2021	7.4	−1.7pp	Cons. · Japanese GAAP
FYE Mar 2022	7.2	−0.1pp	Cons. · Japanese GAAP
FYE Mar 2023	5.7	−1.5pp	Cons. · Japanese GAAP
FYE Mar 2024	6.2	+0.5pp	Cons. · Japanese GAAP
FYE Mar 2025	6.5	+0.3pp	Cons. · Japanese GAAP
FYE Mar 2026	7.1	+0.6pp	Cons. · Japanese GAAP

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

ROA return on assets

FYE Mar 2026 6.3%

Average · 10 yrs 7.8%

Fiscal year	ROA %	YoY	Basis
FYE Mar 2017	9.8	n/a	Cons. · Japanese GAAP
FYE Mar 2018	9.3	−0.5pp	Cons. · Japanese GAAP
FYE Mar 2019	15.6	+6.3pp	Cons. · Japanese GAAP
FYE Mar 2020	8.0	−7.6pp	Cons. · Japanese GAAP
FYE Mar 2021	6.5	−1.5pp	Cons. · Japanese GAAP
FYE Mar 2022	6.4	−0.1pp	Cons. · Japanese GAAP
FYE Mar 2023	5.1	−1.4pp	Cons. · Japanese GAAP
FYE Mar 2024	5.4	+0.3pp	Cons. · Japanese GAAP
FYE Mar 2025	5.6	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2026	6.3	+0.6pp	Cons. · Japanese GAAP

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

Asset turnover

FYE Mar 2026 0.44×

CAGR · 10 yrs −3.9%

Fiscal year	Asset turnover ×	YoY	Basis
FYE Mar 2017	0.63	n/a	Cons. · Japanese GAAP
FYE Mar 2018	0.62	−1.4%	Cons. · Japanese GAAP
FYE Mar 2019	0.53	−15.1%	Cons. · Japanese GAAP
FYE Mar 2020	0.50	−5.5%	Cons. · Japanese GAAP
FYE Mar 2021	0.44	−11.2%	Cons. · Japanese GAAP
FYE Mar 2022	0.44	−1.3%	Cons. · Japanese GAAP
FYE Mar 2023	0.44	+0.5%	Cons. · Japanese GAAP
FYE Mar 2024	0.44	−0.5%	Cons. · Japanese GAAP
FYE Mar 2025	0.45	+2.2%	Cons. · Japanese GAAP
FYE Mar 2026	0.44	−1.2%	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 ¥9.1bn

CAGR · 10 yrs +1.7%

Fiscal year	Operating cash flow ¥ bn	YoY	Basis
FYE Mar 2017	7.8	n/a	Cons. · Japanese GAAP
FYE Mar 2018	10.2	+30.3%	Cons. · Japanese GAAP
FYE Mar 2019	9.7	−4.6%	Cons. · Japanese GAAP
FYE Mar 2020	2.0	−79.6%	Cons. · Japanese GAAP
FYE Mar 2021	11.0	+457.2%	Cons. · Japanese GAAP
FYE Mar 2022	8.3	−24.6%	Cons. · Japanese GAAP
FYE Mar 2023	5.6	−32.6%	Cons. · Japanese GAAP
FYE Mar 2024	8.8	+57.4%	Cons. · Japanese GAAP
FYE Mar 2025	12.2	+38.2%	Cons. · Japanese GAAP
FYE Mar 2026	9.1	−25.6%	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 -¥10.0bn

Average · 10 yrs -¥2.1bn

Fiscal year	Investing cash flow ¥ bn	YoY	Basis
FYE Mar 2017	-1.7	n/a	Cons. · Japanese GAAP
FYE Mar 2018	-8.4	n/a	Cons. · Japanese GAAP
FYE Mar 2019	-5.0	n/a	Cons. · Japanese GAAP
FYE Mar 2020	9.0	n/a	Cons. · Japanese GAAP
FYE Mar 2021	4.3	−52.3%	Cons. · Japanese GAAP
FYE Mar 2022	7.1	+65.0%	Cons. · Japanese GAAP
FYE Mar 2023	-1.9	−127.1%	Cons. · Japanese GAAP
FYE Mar 2024	-14.5	n/a	Cons. · Japanese GAAP
FYE Mar 2025	0.7	n/a	Cons. · Japanese GAAP
FYE Mar 2026	-10.0	−1574.7%	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 -¥5.4bn

Average · 10 yrs -¥2.9bn

Fiscal year	Financing cash flow ¥ bn	YoY	Basis
FYE Mar 2017	-2.3	n/a	Cons. · Japanese GAAP
FYE Mar 2018	-2.1	n/a	Cons. · Japanese GAAP
FYE Mar 2019	-2.2	n/a	Cons. · Japanese GAAP
FYE Mar 2020	-2.5	n/a	Cons. · Japanese GAAP
FYE Mar 2021	-2.5	n/a	Cons. · Japanese GAAP
FYE Mar 2022	-2.5	n/a	Cons. · Japanese GAAP
FYE Mar 2023	-3.1	n/a	Cons. · Japanese GAAP
FYE Mar 2024	-3.3	n/a	Cons. · Japanese GAAP
FYE Mar 2025	-3.5	n/a	Cons. · Japanese GAAP
FYE Mar 2026	-5.4	n/a	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 ¥54bn

CAGR · 10 yrs +13.2%

Fiscal year	Cash and equivalents ¥ bn	YoY	Basis
FYE Mar 2017	17.5	n/a	Cons. · Japanese GAAP
FYE Mar 2018	17.3	−1.3%	Cons. · Japanese GAAP
FYE Mar 2019	19.5	+12.9%	Cons. · Japanese GAAP
FYE Mar 2020	27.9	+42.8%	Cons. · Japanese GAAP
FYE Mar 2021	40.9	+46.5%	Cons. · Japanese GAAP
FYE Mar 2022	54.9	+34.3%	Cons. · Japanese GAAP
FYE Mar 2023	56.3	+2.5%	Cons. · Japanese GAAP
FYE Mar 2024	48.4	−13.9%	Cons. · Japanese GAAP
FYE Mar 2025	59.0	+21.7%	Cons. · Japanese GAAP
FYE Mar 2026	53.6	−9.0%	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 -¥0.9bn

Average · 10 yrs ¥6.4bn

Fiscal year	FCF ¥ bn	YoY	Basis
FYE Mar 2017	6.1	n/a	Cons. · Japanese GAAP
FYE Mar 2018	1.7	−71.7%	Cons. · Japanese GAAP
FYE Mar 2019	4.7	+170.7%	Cons. · Japanese GAAP
FYE Mar 2020	10.9	+134.5%	Cons. · Japanese GAAP
FYE Mar 2021	15.3	+39.7%	Cons. · Japanese GAAP
FYE Mar 2022	15.4	+0.4%	Cons. · Japanese GAAP
FYE Mar 2023	3.7	−76.0%	Cons. · Japanese GAAP
FYE Mar 2024	-5.7	−254.6%	Cons. · Japanese GAAP
FYE Mar 2025	12.8	n/a	Cons. · Japanese GAAP
FYE Mar 2026	-0.9	−107.1%	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 13.5%

Average · 10 yrs 15.0%

Fiscal year	OCF margin %	YoY	Basis
FYE Mar 2017	16.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	18.7	+2.7pp	Cons. · Japanese GAAP
FYE Mar 2019	17.2	−1.6pp	Cons. · Japanese GAAP
FYE Mar 2020	3.8	−13.4pp	Cons. · Japanese GAAP
FYE Mar 2021	22.2	+18.4pp	Cons. · Japanese GAAP
FYE Mar 2022	15.8	−6.4pp	Cons. · Japanese GAAP
FYE Mar 2023	10.0	−5.7pp	Cons. · Japanese GAAP
FYE Mar 2024	14.7	+4.6pp	Cons. · Japanese GAAP
FYE Mar 2025	18.6	+3.9pp	Cons. · Japanese GAAP
FYE Mar 2026	13.5	−5.1pp	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 n/a

CAGR · 3 yrs +6.2%

Fiscal year	Net cash ¥ bn	YoY	Basis
FYE Mar 2017	17.3	n/a	Cons. · Japanese GAAP
FYE Mar 2018	17.3	−0.2%	Cons. · Japanese GAAP
FYE Mar 2019	19.5	+13.0%	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	n/a	n/a	Cons. · Japanese GAAP
FYE Mar 2023	n/a	n/a	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

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 ¥184bn

Change · 10 yrs −¥46bn

Fiscal year	Market capitalisation ¥ bn	Basis
FYE Mar 2017	230	n/a
FYE Mar 2018	280	n/a
FYE Mar 2019	194	n/a
FYE Mar 2020	224	n/a
FYE Mar 2021	220	n/a
FYE Mar 2022	170	n/a
FYE Mar 2023	160	n/a
FYE Mar 2024	173	n/a
FYE Mar 2025	203	n/a
FYE Mar 2026	184	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 5,601¥

Change · 10 yrs −1,409¥

Fiscal year	Share price ¥	Basis
FYE Mar 2017	7,010	n/a
FYE Mar 2018	8,519	n/a
FYE Mar 2019	5,922	n/a
FYE Mar 2020	6,820	n/a
FYE Mar 2021	6,710	n/a
FYE Mar 2022	5,191	n/a
FYE Mar 2023	4,880	n/a
FYE Mar 2024	5,259	n/a
FYE Mar 2025	6,179	n/a
FYE Mar 2026	5,601	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 32,808,000shares

Change · 10 yrs −0 shares

Fiscal year	Shares outstanding shares	Basis
FYE Mar 2017	32,808,000	Parent
FYE Mar 2018	32,808,000	Parent
FYE Mar 2019	32,808,000	Parent
FYE Mar 2020	32,808,000	Parent
FYE Mar 2021	32,808,000	Parent
FYE Mar 2022	32,808,000	Parent
FYE Mar 2023	32,808,000	Parent
FYE Mar 2024	32,808,000	Parent
FYE Mar 2025	32,808,000	Parent
FYE Mar 2026	32,808,000	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 296.96¥

Change · 10 yrs +58.61¥

Fiscal year	EPS ¥	Basis
FYE Mar 2017	238.35	Cons.
FYE Mar 2018	254.54	Cons.
FYE Mar 2019	524.09	Cons.
FYE Mar 2020	263.21	Cons.
FYE Mar 2021	228.70	Cons.
FYE Mar 2022	242.10	Cons.
FYE Mar 2023	200.48	Cons.
FYE Mar 2024	230.88	Cons.
FYE Mar 2025	257.67	Cons.
FYE Mar 2026	296.96	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 4,063.83¥

Change · 10 yrs +2,082.42¥

Fiscal year	BPS ¥	Basis
FYE Mar 2017	1,981.40	Cons. · Japanese GAAP
FYE Mar 2018	2,242.70	Cons. · Japanese GAAP
FYE Mar 2019	2,694.27	Cons. · Japanese GAAP
FYE Mar 2020	2,830.04	Cons. · Japanese GAAP
FYE Mar 2021	3,013.52	Cons. · Japanese GAAP
FYE Mar 2022	3,241.25	Cons. · Japanese GAAP
FYE Mar 2023	3,405.98	Cons. · Japanese GAAP
FYE Mar 2024	3,632.53	Cons. · Japanese GAAP
FYE Mar 2025	3,874.05	Cons. · Japanese GAAP
FYE Mar 2026	4,063.83	Cons. · Japanese GAAP

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

PER price-to-earnings ratio

FYE Mar 2026 18.86×

Average · 10 yrs 24.08×

Fiscal year	PER ×	Basis
FYE Mar 2017	29.41	Cons.
FYE Mar 2018	33.47	Cons.
FYE Mar 2019	11.30	Cons.
FYE Mar 2020	25.91	Cons.
FYE Mar 2021	29.34	Cons.
FYE Mar 2022	21.44	Cons.
FYE Mar 2023	24.34	Cons.
FYE Mar 2024	22.78	Cons.
FYE Mar 2025	23.98	Cons.
FYE Mar 2026	18.86	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 1.34×

Average · 10 yrs 2.10×

Fiscal year	PBR ×	Basis
FYE Mar 2017	3.43	Cons.
FYE Mar 2018	3.68	Cons.
FYE Mar 2019	2.13	Cons.
FYE Mar 2020	2.34	Cons.
FYE Mar 2021	2.17	Cons.
FYE Mar 2022	1.57	Cons.
FYE Mar 2023	1.40	Cons.
FYE Mar 2024	1.41	Cons.
FYE Mar 2025	1.55	Cons.
FYE Mar 2026	1.34	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 1,201people

Change · 10 yrs +268 people

Fiscal year	Group employees people	YoY	Basis
FYE Mar 2017	933	n/a	Cons.
FYE Mar 2018	994	+6.5%	Cons.
FYE Mar 2019	928	−6.6%	Cons.
FYE Mar 2020	976	+5.2%	Cons.
FYE Mar 2021	1,024	+4.9%	Cons.
FYE Mar 2022	1,041	+1.7%	Cons.
FYE Mar 2023	1,061	+1.9%	Cons.
FYE Mar 2024	1,106	+4.2%	Cons.
FYE Mar 2025	1,166	+5.4%	Cons.
FYE Mar 2026	1,201	+3.0%	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 747people

Change · 10 yrs +282 people

Fiscal year	Parent-company employees people	YoY	Basis
FYE Mar 2017	465	n/a	Parent
FYE Mar 2018	497	+6.9%	Parent
FYE Mar 2019	517	+4.0%	Parent
FYE Mar 2020	549	+6.2%	Parent
FYE Mar 2021	600	+9.3%	Parent
FYE Mar 2022	626	+4.3%	Parent
FYE Mar 2023	648	+3.5%	Parent
FYE Mar 2024	673	+3.9%	Parent
FYE Mar 2025	733	+8.9%	Parent
FYE Mar 2026	747	+1.9%	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 ¥5.4m

Change · 8 yrs +¥0.3m

Fiscal year	Average annual pay ¥ m	YoY	Basis
FYE Mar 2017	n/a	n/a	Parent
FYE Mar 2018	n/a	n/a	Parent
FYE Mar 2019	5.1	n/a	Parent
FYE Mar 2020	5.2	+1.2%	Parent
FYE Mar 2021	4.8	−7.1%	Parent
FYE Mar 2022	5.1	+4.6%	Parent
FYE Mar 2023	5.1	+1.5%	Parent
FYE Mar 2024	5.4	+4.4%	Parent
FYE Mar 2025	5.4	+0.8%	Parent
FYE Mar 2026	5.4	+0.2%	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 39.6years

Change · 8 yrs +2.1 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	37.5	n/a	Parent
FYE Mar 2020	38.0	+1.3%	Parent
FYE Mar 2021	37.8	−0.5%	Parent
FYE Mar 2022	38.2	+1.1%	Parent
FYE Mar 2023	37.7	−1.3%	Parent
FYE Mar 2024	38.9	+3.2%	Parent
FYE Mar 2025	39.3	+1.0%	Parent
FYE Mar 2026	39.6	+0.8%	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 14.5years

Change · 8 yrs +0.4 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	14.1	n/a	Parent
FYE Mar 2020	14.5	+2.8%	Parent
FYE Mar 2021	14.3	−1.4%	Parent
FYE Mar 2022	14.3	−0.0%	Parent
FYE Mar 2023	13.2	−7.7%	Parent
FYE Mar 2024	14.9	+12.9%	Parent
FYE Mar 2025	14.4	−3.4%	Parent
FYE Mar 2026	14.5	+0.7%	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 283people

Change · 10 yrs −133 people

Fiscal year	Temporary employees people	YoY	Basis
FYE Mar 2017	416	n/a	n/a
FYE Mar 2018	421	+1.2%	n/a
FYE Mar 2019	394	−6.4%	n/a
FYE Mar 2020	389	−1.3%	n/a
FYE Mar 2021	374	−3.9%	n/a
FYE Mar 2022	384	+2.7%	n/a
FYE Mar 2023	355	−7.6%	n/a
FYE Mar 2024	340	−4.2%	n/a
FYE Mar 2025	296	−12.9%	n/a
FYE Mar 2026	283	−4.4%	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 ¥55.8m

Change · 10 yrs +¥3.4m

Fiscal year	Revenue per employee ¥ m	YoY	Basis
FYE Mar 2017	52.3	n/a	Cons.
FYE Mar 2018	54.7	+4.5%	Cons.
FYE Mar 2019	60.9	+11.5%	Cons.
FYE Mar 2020	53.6	−12.0%	Cons.
FYE Mar 2021	48.5	−9.5%	Cons.
FYE Mar 2022	50.6	+4.3%	Cons.
FYE Mar 2023	52.5	+3.8%	Cons.
FYE Mar 2024	54.2	+3.3%	Cons.
FYE Mar 2025	56.1	+3.4%	Cons.
FYE Mar 2026	55.8	−0.6%	Cons.

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

Operating profit per employee

FYE Mar 2026 ¥9.8m

Change · 10 yrs −¥1.2m

Fiscal year	OP per employee ¥ m	YoY	Basis
FYE Mar 2017	11.0	n/a	Cons.
FYE Mar 2018	11.4	+3.5%	Cons.
FYE Mar 2019	12.9	+13.0%	Cons.
FYE Mar 2020	12.1	−6.2%	Cons.
FYE Mar 2021	9.8	−18.8%	Cons.
FYE Mar 2022	10.3	+4.6%	Cons.
FYE Mar 2023	8.0	−22.3%	Cons.
FYE Mar 2024	7.8	−1.7%	Cons.
FYE Mar 2025	9.5	+21.7%	Cons.
FYE Mar 2026	9.8	+2.9%	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.

Accuracy, liability, reuse and privacy — the full disclaimer →

Data API

Ariake Japan’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/2815/company.json ·/api/2815/history.json ·/api/2815/ceo.json ·/api/2815/financials.json ·/api/2815/financials/segment.json ·/api/2815/financials/pl.json ·/api/2815/financials/cf.json ·/api/2815/financials/bs.json ·/api/2815/financials/employee.json ·/api/2815/financials/stock.json ·/api/2815/financials.csv ·/api/2815/financials_history.csv

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