Financials

Nextage: FYE Nov 2025 and ten years of results (50 metrics)

FYE Nov 2025 · Revenue¥652bnYoY +18.0%
FYE Nov 2025 · Operating profit¥20bnYoY +51.4%
FYE Nov 2025 · Net profit¥13bnYoY +60.0%
FYE Nov 2025 · Equity ratio34.9%YoY +2.2pp
FYE Nov 2025 · Group employees7,537YoY −98
Fiscal yearRevenueYoYOperating profitYoYMarginNet profitChief executiveThat year
FYE Nov 2016Consolidated¥87bnn/a¥2.2bnn/a2.5%¥1.3bnHirota YasuharuFirst imported-marque new-car franchise (Volvo)
FYE Nov 2017Consolidated¥119bn+36.4%¥3.5bn+60.6%2.9%¥2.3bnHirota Yasuharu—
FYE Nov 2018Consolidated¥163bn+37.2%¥4.4bn+26.2%2.7%¥2.9bnHirota Yasuharu<span class="en-history_money" data-yen="18400000000" data-year="2018">$166.7M (¥18bn)</span> borrowed in one year; equity ratio falls to 28.2%
FYE Nov 2019Consolidated¥219bn+34.4%¥6.1bn+38.8%2.8%¥4.3bnHirota Yasuharu—
FYE Nov 2020Consolidated¥241bn+10.0%¥6.8bn+12.2%2.8%¥4.7bnHirota Yasuharu—
FYE Nov 2021Consolidated¥291bn+20.8%¥14bn+99.8%4.7%¥9.7bnHirota YasuharuOperating margin 4.7% — about twice the field
FYE Nov 2022Consolidated¥418bn+43.6%¥19bn+42.6%4.7%¥14bnHirota Yasuharu<a class="en-history_person" href="/tse/3186/executives/ceo/hamawaki-koji/" hreflang="ja">Hamawaki Koji</a> becomes president; Hirota chairman and CEO
FYE Nov 2023Consolidated¥463bn+10.8%¥16bn−17.3%3.5%¥12bnHamawaki KojiImproper insurance contracts disclosed; Hamawaki resigns, Hirota returns
FYE Nov 2024Consolidated¥553bn+19.3%¥13bn−19.5%2.3%¥8.0bnHirota YasuharuStore portfolio pruned; operating margin bottoms at 2.3%
FYE Nov 2025Consolidated¥652bn+18.0%¥20bn+51.4%3.0%¥13bnHirota YasuharuTokushima store completes all 47 prefectures

How it compares

Nextage¥652bnFY2025Operating margin 3.0%
IDOM¥563bnFY2025Operating margin 3.6%
Buitihorudingusu¥352bnFY2024Operating margin 3.1%
USS¥114bnFY2025Operating margin 52.6%

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 Nov 2025 ¥652bn
CAGR · 10 yrs +25.1%
Fiscal year Revenue ¥ bn YoY Basis
FYE Nov 2016 87.2 n/a Cons. · Japanese GAAP
FYE Nov 2017 119 +36.4% Cons. · Japanese GAAP
FYE Nov 2018 163 +37.2% Cons. · Japanese GAAP
FYE Nov 2019 219 +34.4% Cons. · Japanese GAAP
FYE Nov 2020 241 +10.0% Cons. · Japanese GAAP
FYE Nov 2021 291 +20.8% Cons. · Japanese GAAP
FYE Nov 2022 418 +43.6% Cons. · Japanese GAAP
FYE Nov 2023 463 +10.8% Cons. · Japanese GAAP
FYE Nov 2024 553 +19.3% Cons. · Japanese GAAP
FYE Nov 2025 652 +18.0% 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 Nov 2025 ¥540bn
CAGR · 10 yrs +24.7%
Fiscal year Cost of sales ¥ bn YoY Basis
FYE Nov 2016 74.3 n/a Cons. · Japanese GAAP
FYE Nov 2017 100.0 +34.6% Cons. · Japanese GAAP
FYE Nov 2018 136 +36.1% Cons. · Japanese GAAP
FYE Nov 2019 181 +33.4% Cons. · Japanese GAAP
FYE Nov 2020 197 +8.7% Cons. · Japanese GAAP
FYE Nov 2021 235 +18.9% Cons. · Japanese GAAP
FYE Nov 2022 344 +46.7% Cons. · Japanese GAAP
FYE Nov 2023 377 +9.5% Cons. · Japanese GAAP
FYE Nov 2024 454 +20.6% Cons. · Japanese GAAP
FYE Nov 2025 540 +18.9% 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 Nov 2025 ¥112bn
CAGR · 10 yrs +27.1%
Fiscal year Gross profit ¥ bn YoY Basis
FYE Nov 2016 12.9 n/a Cons. · Japanese GAAP
FYE Nov 2017 19.0 +47.1% Cons. · Japanese GAAP
FYE Nov 2018 27.1 +42.8% Cons. · Japanese GAAP
FYE Nov 2019 37.9 +39.5% Cons. · Japanese GAAP
FYE Nov 2020 43.9 +16.1% Cons. · Japanese GAAP
FYE Nov 2021 56.7 +29.1% Cons. · Japanese GAAP
FYE Nov 2022 74.0 +30.5% Cons. · Japanese GAAP
FYE Nov 2023 86.8 +17.3% Cons. · Japanese GAAP
FYE Nov 2024 98.7 +13.6% Cons. · Japanese GAAP
FYE Nov 2025 112 +13.7% 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 Nov 2025 ¥93bn
CAGR · 10 yrs +27.0%
Fiscal year SG&A ¥ bn YoY Basis
FYE Nov 2016 10.8 n/a Cons. · Japanese GAAP
FYE Nov 2017 15.5 +44.3% Cons. · Japanese GAAP
FYE Nov 2018 22.8 +46.5% Cons. · Japanese GAAP
FYE Nov 2019 31.8 +39.6% Cons. · Japanese GAAP
FYE Nov 2020 37.1 +16.8% Cons. · Japanese GAAP
FYE Nov 2021 43.1 +16.1% Cons. · Japanese GAAP
FYE Nov 2022 54.6 +26.7% Cons. · Japanese GAAP
FYE Nov 2023 70.7 +29.6% Cons. · Japanese GAAP
FYE Nov 2024 85.7 +21.2% Cons. · Japanese GAAP
FYE Nov 2025 92.6 +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 Nov 2025 ¥20bn
CAGR · 10 yrs +27.7%
Fiscal year Operating profit ¥ bn YoY Basis
FYE Nov 2016 2.2 n/a Cons. · Japanese GAAP
FYE Nov 2017 3.5 +60.6% Cons. · Japanese GAAP
FYE Nov 2018 4.4 +26.2% Cons. · Japanese GAAP
FYE Nov 2019 6.1 +38.8% Cons. · Japanese GAAP
FYE Nov 2020 6.8 +12.2% Cons. · Japanese GAAP
FYE Nov 2021 13.6 +99.8% Cons. · Japanese GAAP
FYE Nov 2022 19.4 +42.6% Cons. · Japanese GAAP
FYE Nov 2023 16.1 −17.3% Cons. · Japanese GAAP
FYE Nov 2024 12.9 −19.5% Cons. · Japanese GAAP
FYE Nov 2025 19.6 +51.4% Cons. · Japanese GAAP
Definition
What the core business earns
Formula
Gross profit − SG&A
Source
Securities report (XBRL)

Non-operating income

FYE Nov 2025 ¥691m
CAGR · 10 yrs +18.4%
Fiscal year Non-operating income ¥ m YoY Basis
FYE Nov 2016 151 n/a Cons. · Japanese GAAP
FYE Nov 2017 149 −1.5% Cons. · Japanese GAAP
FYE Nov 2018 200 +34.2% Cons. · Japanese GAAP
FYE Nov 2019 214 +7.0% Cons. · Japanese GAAP
FYE Nov 2020 218 +1.9% Cons. · Japanese GAAP
FYE Nov 2021 214 −1.8% Cons. · Japanese GAAP
FYE Nov 2022 275 +28.5% Cons. · Japanese GAAP
FYE Nov 2023 312 +13.5% Cons. · Japanese GAAP
FYE Nov 2024 399 +27.9% Cons. · Japanese GAAP
FYE Nov 2025 691 +73.2% 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 Nov 2025 ¥1.8bn
CAGR · 10 yrs +25.8%
Fiscal year Non-operating expenses ¥ bn YoY Basis
FYE Nov 2016 0.2 n/a Cons. · Japanese GAAP
FYE Nov 2017 0.3 +39.7% Cons. · Japanese GAAP
FYE Nov 2018 0.4 +24.8% Cons. · Japanese GAAP
FYE Nov 2019 0.4 +3.3% Cons. · Japanese GAAP
FYE Nov 2020 0.5 +25.5% Cons. · Japanese GAAP
FYE Nov 2021 0.5 −10.3% Cons. · Japanese GAAP
FYE Nov 2022 0.6 +38.7% Cons. · Japanese GAAP
FYE Nov 2023 0.6 −3.1% Cons. · Japanese GAAP
FYE Nov 2024 1.2 +92.6% Cons. · Japanese GAAP
FYE Nov 2025 1.8 +50.6% 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 Nov 2025 ¥18bn
CAGR · 10 yrs +27.4%
Fiscal year Ordinary profit ¥ bn YoY Basis
FYE Nov 2016 2.1 n/a Cons. · Japanese GAAP
FYE Nov 2017 3.3 +58.4% Cons. · Japanese GAAP
FYE Nov 2018 4.2 +26.7% Cons. · Japanese GAAP
FYE Nov 2019 5.9 +40.7% Cons. · Japanese GAAP
FYE Nov 2020 6.5 +10.9% Cons. · Japanese GAAP
FYE Nov 2021 13.4 +105.1% Cons. · Japanese GAAP
FYE Nov 2022 19.1 +42.5% Cons. · Japanese GAAP
FYE Nov 2023 15.8 −17.3% Cons. · Japanese GAAP
FYE Nov 2024 12.1 −23.0% Cons. · Japanese GAAP
FYE Nov 2025 18.5 +52.2% 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 Nov 2025 n/a
CAGR · 7 yrs +187.9%
Fiscal year Extraordinary income ¥ m YoY Basis
FYE Nov 2016 0.2 n/a Cons. · Japanese GAAP
FYE Nov 2017 8.0 +3378.3% Cons. · Japanese GAAP
FYE Nov 2018 0.0 −100.0% Cons. · Japanese GAAP
FYE Nov 2019 0.0 n/a Cons. · Japanese GAAP
FYE Nov 2020 175 n/a Cons. · Japanese GAAP
FYE Nov 2021 1.0 −99.4% Cons. · Japanese GAAP
FYE Nov 2022 n/a n/a Cons. · Japanese GAAP
FYE Nov 2023 n/a n/a Cons. · Japanese GAAP
FYE Nov 2024 131 n/a Cons. · Japanese GAAP
FYE Nov 2025 n/a n/a 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 Nov 2025 ¥13bn
CAGR · 10 yrs +28.6%
Fiscal year Net profit ¥ bn YoY Basis
FYE Nov 2016 1.3 n/a Cons. · Japanese GAAP
FYE Nov 2017 2.3 +69.7% Cons. · Japanese GAAP
FYE Nov 2018 2.9 +28.6% Cons. · Japanese GAAP
FYE Nov 2019 4.3 +46.3% Cons. · Japanese GAAP
FYE Nov 2020 4.7 +11.3% Cons. · Japanese GAAP
FYE Nov 2021 9.7 +103.9% Cons. · Japanese GAAP
FYE Nov 2022 13.9 +43.7% Cons. · Japanese GAAP
FYE Nov 2023 11.6 −16.8% Cons. · Japanese GAAP
FYE Nov 2024 8.0 −30.7% Cons. · Japanese GAAP
FYE Nov 2025 12.8 +60.0% Cons. · Japanese GAAP
Definition
What is left after tax
Formula
Pre-tax profit − income taxes
Source
Securities report (XBRL)

Gross margin

FYE Nov 2025 17.2%
Average · 10 yrs 17.4%
Fiscal year Gross margin % YoY Basis
FYE Nov 2016 14.8 n/a Cons. · Japanese GAAP
FYE Nov 2017 16.0 +1.2pp Cons. · Japanese GAAP
FYE Nov 2018 16.6 +0.7pp Cons. · Japanese GAAP
FYE Nov 2019 17.3 +0.6pp Cons. · Japanese GAAP
FYE Nov 2020 18.2 +1.0pp Cons. · Japanese GAAP
FYE Nov 2021 19.5 +1.3pp Cons. · Japanese GAAP
FYE Nov 2022 17.7 −1.8pp Cons. · Japanese GAAP
FYE Nov 2023 18.7 +1.0pp Cons. · Japanese GAAP
FYE Nov 2024 17.8 −0.9pp Cons. · Japanese GAAP
FYE Nov 2025 17.2 −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 Nov 2025 3.0%
Average · 10 yrs 3.2%
Fiscal year Operating margin % YoY Basis
FYE Nov 2016 2.5 n/a Cons. · Japanese GAAP
FYE Nov 2017 2.9 +0.4pp Cons. · Japanese GAAP
FYE Nov 2018 2.7 −0.2pp Cons. · Japanese GAAP
FYE Nov 2019 2.8 +0.1pp Cons. · Japanese GAAP
FYE Nov 2020 2.8 +0.1pp Cons. · Japanese GAAP
FYE Nov 2021 4.7 +1.9pp Cons. · Japanese GAAP
FYE Nov 2022 4.7 −0.0pp Cons. · Japanese GAAP
FYE Nov 2023 3.5 −1.2pp Cons. · Japanese GAAP
FYE Nov 2024 2.3 −1.1pp Cons. · Japanese GAAP
FYE Nov 2025 3.0 +0.7pp Cons. · Japanese GAAP
Definition
The share of revenue the core business keeps
Formula
Operating profit ÷ revenue
Source
Securities report (XBRL)

Ordinary margin

FYE Nov 2025 2.8%
Average · 10 yrs 3.1%
Fiscal year Ordinary margin % YoY Basis
FYE Nov 2016 2.4 n/a Cons. · Japanese GAAP
FYE Nov 2017 2.8 +0.4pp Cons. · Japanese GAAP
FYE Nov 2018 2.6 −0.2pp Cons. · Japanese GAAP
FYE Nov 2019 2.7 +0.1pp Cons. · Japanese GAAP
FYE Nov 2020 2.7 −0.0pp Cons. · Japanese GAAP
FYE Nov 2021 4.6 +1.9pp Cons. · Japanese GAAP
FYE Nov 2022 4.6 −0.0pp Cons. · Japanese GAAP
FYE Nov 2023 3.4 −1.2pp Cons. · Japanese GAAP
FYE Nov 2024 2.2 −1.2pp Cons. · Japanese GAAP
FYE Nov 2025 2.8 +0.6pp 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 Nov 2025 2.0%
Average · 10 yrs 2.2%
Fiscal year Net margin % YoY Basis
FYE Nov 2016 1.5 n/a Cons. · Japanese GAAP
FYE Nov 2017 1.9 +0.4pp Cons. · Japanese GAAP
FYE Nov 2018 1.8 −0.1pp Cons. · Japanese GAAP
FYE Nov 2019 1.9 +0.2pp Cons. · Japanese GAAP
FYE Nov 2020 2.0 −0.0pp Cons. · Japanese GAAP
FYE Nov 2021 3.3 +1.4pp Cons. · Japanese GAAP
FYE Nov 2022 3.3 −0.0pp Cons. · Japanese GAAP
FYE Nov 2023 2.5 −0.8pp Cons. · Japanese GAAP
FYE Nov 2024 1.4 −1.0pp Cons. · Japanese GAAP
FYE Nov 2025 2.0 +0.5pp Cons. · Japanese GAAP
Definition
The share of revenue left after everything
Formula
Net profit ÷ revenue
Source
Securities report (XBRL)

Cost-of-sales ratio

FYE Nov 2025 82.8%
Average · 10 yrs 82.6%
Fiscal year Cost-of-sales ratio % YoY Basis
FYE Nov 2016 85.2 n/a Cons. · Japanese GAAP
FYE Nov 2017 84.0 −1.2pp Cons. · Japanese GAAP
FYE Nov 2018 83.4 −0.7pp Cons. · Japanese GAAP
FYE Nov 2019 82.7 −0.6pp Cons. · Japanese GAAP
FYE Nov 2020 81.8 −1.0pp Cons. · Japanese GAAP
FYE Nov 2021 80.5 −1.3pp Cons. · Japanese GAAP
FYE Nov 2022 82.3 +1.8pp Cons. · Japanese GAAP
FYE Nov 2023 81.3 −1.0pp Cons. · Japanese GAAP
FYE Nov 2024 82.2 +0.9pp Cons. · Japanese GAAP
FYE Nov 2025 82.8 +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 Nov 2025 14.2%
Average · 10 yrs 14.2%
Fiscal year SG&A ratio % YoY Basis
FYE Nov 2016 12.3 n/a Cons. · Japanese GAAP
FYE Nov 2017 13.1 +0.7pp Cons. · Japanese GAAP
FYE Nov 2018 13.9 +0.9pp Cons. · Japanese GAAP
FYE Nov 2019 14.5 +0.5pp Cons. · Japanese GAAP
FYE Nov 2020 15.4 +0.9pp Cons. · Japanese GAAP
FYE Nov 2021 14.8 −0.6pp Cons. · Japanese GAAP
FYE Nov 2022 13.1 −1.7pp Cons. · Japanese GAAP
FYE Nov 2023 15.3 +2.2pp Cons. · Japanese GAAP
FYE Nov 2024 15.5 +0.2pp Cons. · Japanese GAAP
FYE Nov 2025 14.2 −1.3pp 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 Nov 2025 ¥227bn
CAGR · 10 yrs +28.7%
Fiscal year Total assets ¥ bn YoY Basis
FYE Nov 2016 23.5 n/a Cons. · Japanese GAAP
FYE Nov 2017 35.5 +51.4% Cons. · Japanese GAAP
FYE Nov 2018 63.7 +79.3% Cons. · Japanese GAAP
FYE Nov 2019 86.4 +35.6% Cons. · Japanese GAAP
FYE Nov 2020 99.6 +15.4% Cons. · Japanese GAAP
FYE Nov 2021 111 +11.4% Cons. · Japanese GAAP
FYE Nov 2022 161 +45.2% Cons. · Japanese GAAP
FYE Nov 2023 177 +10.1% Cons. · Japanese GAAP
FYE Nov 2024 222 +25.2% Cons. · Japanese GAAP
FYE Nov 2025 227 +2.0% 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 Nov 2025 ¥79bn
CAGR · 10 yrs +34.6%
Fiscal year Equity ¥ bn YoY Basis
FYE Nov 2016 5.5 n/a Cons. · Japanese GAAP
FYE Nov 2017 15.1 +176.7% Cons. · Japanese GAAP
FYE Nov 2018 18.0 +19.2% Cons. · Japanese GAAP
FYE Nov 2019 27.9 +54.9% Cons. · Japanese GAAP
FYE Nov 2020 30.0 +7.8% Cons. · Japanese GAAP
FYE Nov 2021 41.6 +38.6% Cons. · Japanese GAAP
FYE Nov 2022 56.3 +35.3% Cons. · Japanese GAAP
FYE Nov 2023 66.5 +18.1% Cons. · Japanese GAAP
FYE Nov 2024 72.7 +9.4% Cons. · Japanese GAAP
FYE Nov 2025 79.2 +8.9% 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 Nov 2025 ¥69bn
CAGR · 10 yrs +23.4%
Fiscal year Interest-bearing debt ¥ bn YoY Basis
FYE Nov 2016 10.4 n/a Cons. · Japanese GAAP
FYE Nov 2017 11.4 +10.1% Cons. · Japanese GAAP
FYE Nov 2018 31.1 +172.2% Cons. · Japanese GAAP
FYE Nov 2019 39.9 +28.2% Cons. · Japanese GAAP
FYE Nov 2020 46.0 +15.3% Cons. · Japanese GAAP
FYE Nov 2021 45.5 −1.1% Cons. · Japanese GAAP
FYE Nov 2022 68.9 +51.4% Cons. · Japanese GAAP
FYE Nov 2023 69.4 +0.7% Cons. · Japanese GAAP
FYE Nov 2024 89.4 +28.8% Cons. · Japanese GAAP
FYE Nov 2025 69.2 −22.6% Cons. · Japanese GAAP
Definition
Borrowings the company pays interest on
Formula
Loans + bonds + lease obligations
Source
Securities report (XBRL)

Short-term borrowings

FYE Nov 2025 ¥8.0bn
CAGR · 10 yrs +13.8%
Fiscal year Short-term borrowings ¥ bn YoY Basis
FYE Nov 2016 2.5 n/a Cons. · Japanese GAAP
FYE Nov 2017 4.8 +93.8% Cons. · Japanese GAAP
FYE Nov 2018 8.1 +69.1% Cons. · Japanese GAAP
FYE Nov 2019 11.9 +46.7% Cons. · Japanese GAAP
FYE Nov 2020 6.3 −47.4% Cons. · Japanese GAAP
FYE Nov 2021 6.5 +2.9% Cons. · Japanese GAAP
FYE Nov 2022 20.9 +224.1% Cons. · Japanese GAAP
FYE Nov 2023 22.1 +5.8% Cons. · Japanese GAAP
FYE Nov 2024 19.7 −11.0% Cons. · Japanese GAAP
FYE Nov 2025 8.0 −59.5% 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 Nov 2025 ¥61bn
CAGR · 10 yrs +25.5%
Fiscal year Long-term borrowings ¥ bn YoY Basis
FYE Nov 2016 7.9 n/a Cons. · Japanese GAAP
FYE Nov 2017 6.6 −16.2% Cons. · Japanese GAAP
FYE Nov 2018 23.0 +247.1% Cons. · Japanese GAAP
FYE Nov 2019 28.0 +21.6% Cons. · Japanese GAAP
FYE Nov 2020 39.7 +42.1% Cons. · Japanese GAAP
FYE Nov 2021 39.1 −1.7% Cons. · Japanese GAAP
FYE Nov 2022 48.0 +22.9% Cons. · Japanese GAAP
FYE Nov 2023 47.3 −1.6% Cons. · Japanese GAAP
FYE Nov 2024 69.7 +47.4% Cons. · Japanese GAAP
FYE Nov 2025 61.2 −12.1% Cons. · Japanese GAAP
Definition
Borrowings repayable in more than a year
Formula
Long-term borrowings line of the balance sheet
Source
Securities report (XBRL)

Intangible assets

FYE Nov 2025 ¥4.5bn
CAGR · 10 yrs +28.5%
Fiscal year Intangible assets ¥ bn YoY Basis
FYE Nov 2016 0.5 n/a Cons. · Japanese GAAP
FYE Nov 2017 0.7 +52.5% Cons. · Japanese GAAP
FYE Nov 2018 0.9 +26.4% Cons. · Japanese GAAP
FYE Nov 2019 0.9 −5.8% Cons. · Japanese GAAP
FYE Nov 2020 0.9 +4.9% Cons. · Japanese GAAP
FYE Nov 2021 0.7 −19.3% Cons. · Japanese GAAP
FYE Nov 2022 0.7 −7.5% Cons. · Japanese GAAP
FYE Nov 2023 0.6 −3.3% Cons. · Japanese GAAP
FYE Nov 2024 4.5 +601.7% Cons. · Japanese GAAP
FYE Nov 2025 4.5 −0.7% Cons. · Japanese GAAP
Definition
Assets with no physical form
Formula
Intangible assets line of the balance sheet
Source
Securities report (XBRL)

Goodwill

FYE Nov 2025 ¥2.3bn
CAGR · 3 yrs +2313.5%
Fiscal year Goodwill ¥ bn YoY Basis
FYE Nov 2016 n/a n/a Cons. · Japanese GAAP
FYE Nov 2017 n/a n/a Cons. · Japanese GAAP
FYE Nov 2018 n/a n/a Cons. · Japanese GAAP
FYE Nov 2019 n/a n/a Cons. · Japanese GAAP
FYE Nov 2020 n/a n/a Cons. · Japanese GAAP
FYE Nov 2021 n/a n/a Cons. · Japanese GAAP
FYE Nov 2022 n/a n/a Cons. · Japanese GAAP
FYE Nov 2023 0.0 n/a Cons. · Japanese GAAP
FYE Nov 2024 2.5 +62875.0% Cons. · Japanese GAAP
FYE Nov 2025 2.3 −7.5% 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 Nov 2025 34.9%
Average · 10 yrs 33.4%
Fiscal year Equity ratio % YoY Basis
FYE Nov 2016 23.2 n/a Cons. · Japanese GAAP
FYE Nov 2017 42.5 +19.2pp Cons. · Japanese GAAP
FYE Nov 2018 28.2 −14.2pp Cons. · Japanese GAAP
FYE Nov 2019 32.3 +4.0pp Cons. · Japanese GAAP
FYE Nov 2020 30.1 −2.1pp Cons. · Japanese GAAP
FYE Nov 2021 37.5 +7.4pp Cons. · Japanese GAAP
FYE Nov 2022 34.9 −2.6pp Cons. · Japanese GAAP
FYE Nov 2023 37.5 +2.6pp Cons. · Japanese GAAP
FYE Nov 2024 32.7 −4.7pp Cons. · Japanese GAAP
FYE Nov 2025 34.9 +2.2pp 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 Nov 2025 87.4%
Average · 10 yrs 128.3%
Fiscal year Debt-to-equity ratio % YoY Basis
FYE Nov 2016 190.6 n/a Cons. · Japanese GAAP
FYE Nov 2017 75.8 −114.8pp Cons. · Japanese GAAP
FYE Nov 2018 173.1 +97.3pp Cons. · Japanese GAAP
FYE Nov 2019 143.3 −29.8pp Cons. · Japanese GAAP
FYE Nov 2020 153.3 +10.1pp Cons. · Japanese GAAP
FYE Nov 2021 109.4 −43.9pp Cons. · Japanese GAAP
FYE Nov 2022 122.4 +13.1pp Cons. · Japanese GAAP
FYE Nov 2023 104.3 −18.1pp Cons. · Japanese GAAP
FYE Nov 2024 122.9 +18.5pp Cons. · Japanese GAAP
FYE Nov 2025 87.4 −35.5pp 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 Nov 2025 16.2%
Average · 10 yrs 17.9%
Fiscal year ROE % YoY Basis
FYE Nov 2016 24.5 n/a Cons. · Japanese GAAP
FYE Nov 2017 15.0 −9.5pp Cons. · Japanese GAAP
FYE Nov 2018 16.2 +1.2pp Cons. · Japanese GAAP
FYE Nov 2019 15.3 −0.9pp Cons. · Japanese GAAP
FYE Nov 2020 15.8 +0.5pp Cons. · Japanese GAAP
FYE Nov 2021 23.2 +7.4pp Cons. · Japanese GAAP
FYE Nov 2022 24.7 +1.4pp Cons. · Japanese GAAP
FYE Nov 2023 17.4 −7.3pp Cons. · Japanese GAAP
FYE Nov 2024 11.0 −6.4pp Cons. · Japanese GAAP
FYE Nov 2025 16.2 +5.2pp Cons. · Japanese GAAP
Definition
What the shareholders' capital earns
Formula
Net profit ÷ equity
Source
Securities report (XBRL)

ROA return on assets

FYE Nov 2025 5.6%
Average · 10 yrs 5.9%
Fiscal year ROA % YoY Basis
FYE Nov 2016 5.7 n/a Cons. · Japanese GAAP
FYE Nov 2017 6.4 +0.7pp Cons. · Japanese GAAP
FYE Nov 2018 4.6 −1.8pp Cons. · Japanese GAAP
FYE Nov 2019 4.9 +0.4pp Cons. · Japanese GAAP
FYE Nov 2020 4.8 −0.2pp Cons. · Japanese GAAP
FYE Nov 2021 8.7 +3.9pp Cons. · Japanese GAAP
FYE Nov 2022 8.6 −0.1pp Cons. · Japanese GAAP
FYE Nov 2023 6.5 −2.1pp Cons. · Japanese GAAP
FYE Nov 2024 3.6 −2.9pp Cons. · Japanese GAAP
FYE Nov 2025 5.6 +2.0pp Cons. · Japanese GAAP
Definition
What the whole balance sheet earns
Formula
Net profit ÷ total assets
Source
Securities report (XBRL)

Asset turnover

FYE Nov 2025 2.88×
CAGR · 10 yrs −2.8%
Fiscal year Asset turnover × YoY Basis
FYE Nov 2016 3.72 n/a Cons. · Japanese GAAP
FYE Nov 2017 3.35 −9.9% Cons. · Japanese GAAP
FYE Nov 2018 2.56 −23.5% Cons. · Japanese GAAP
FYE Nov 2019 2.54 −0.9% Cons. · Japanese GAAP
FYE Nov 2020 2.42 −4.7% Cons. · Japanese GAAP
FYE Nov 2021 2.62 +8.4% Cons. · Japanese GAAP
FYE Nov 2022 2.59 −1.2% Cons. · Japanese GAAP
FYE Nov 2023 2.61 +0.7% Cons. · Japanese GAAP
FYE Nov 2024 2.49 −4.8% Cons. · Japanese GAAP
FYE Nov 2025 2.88 +15.6% 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 Nov 2025 ¥9.2bn
Average · 10 yrs ¥3.9bn
Fiscal year Operating cash flow ¥ bn YoY Basis
FYE Nov 2016 -0.1 n/a Cons. · Japanese GAAP
FYE Nov 2017 -0.3 n/a Cons. · Japanese GAAP
FYE Nov 2018 -2.1 n/a Cons. · Japanese GAAP
FYE Nov 2019 -9.2 n/a Cons. · Japanese GAAP
FYE Nov 2020 19.3 n/a Cons. · Japanese GAAP
FYE Nov 2021 3.2 −83.3% Cons. · Japanese GAAP
FYE Nov 2022 -17.9 −655.5% Cons. · Japanese GAAP
FYE Nov 2023 33.7 n/a Cons. · Japanese GAAP
FYE Nov 2024 3.0 −91.0% Cons. · Japanese GAAP
FYE Nov 2025 9.2 +203.8% Cons. · Japanese GAAP
Definition
Cash the business itself generated
Formula
Cash flow from operating activities
Source
Securities report (XBRL)

Investing cash flow

FYE Nov 2025 -¥7.3bn
Average · 10 yrs -¥10bn
Fiscal year Investing cash flow ¥ bn YoY Basis
FYE Nov 2016 -2.1 n/a Cons. · Japanese GAAP
FYE Nov 2017 -3.5 n/a Cons. · Japanese GAAP
FYE Nov 2018 -7.4 n/a Cons. · Japanese GAAP
FYE Nov 2019 -10.8 n/a Cons. · Japanese GAAP
FYE Nov 2020 -8.5 n/a Cons. · Japanese GAAP
FYE Nov 2021 -8.3 n/a Cons. · Japanese GAAP
FYE Nov 2022 -13.8 n/a Cons. · Japanese GAAP
FYE Nov 2023 -23.7 n/a Cons. · Japanese GAAP
FYE Nov 2024 -18.5 n/a Cons. · Japanese GAAP
FYE Nov 2025 -7.3 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 Nov 2025 -¥20bn
Average · 10 yrs ¥8.1bn
Fiscal year Financing cash flow ¥ bn YoY Basis
FYE Nov 2016 2.6 n/a Cons. · Japanese GAAP
FYE Nov 2017 8.2 +209.9% Cons. · Japanese GAAP
FYE Nov 2018 19.4 +136.5% Cons. · Japanese GAAP
FYE Nov 2019 14.6 −24.7% Cons. · Japanese GAAP
FYE Nov 2020 5.7 −61.1% Cons. · Japanese GAAP
FYE Nov 2021 0.3 −94.4% Cons. · Japanese GAAP
FYE Nov 2022 28.8 +8989.0% Cons. · Japanese GAAP
FYE Nov 2023 -0.2 −100.8% Cons. · Japanese GAAP
FYE Nov 2024 21.4 n/a Cons. · Japanese GAAP
FYE Nov 2025 -19.9 −193.0% 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 Nov 2025 ¥18bn
CAGR · 10 yrs +26.0%
Fiscal year Cash and equivalents ¥ bn YoY Basis
FYE Nov 2016 2.2 n/a Cons. · Japanese GAAP
FYE Nov 2017 6.6 +202.1% Cons. · Japanese GAAP
FYE Nov 2018 16.5 +148.4% Cons. · Japanese GAAP
FYE Nov 2019 11.0 −33.1% Cons. · Japanese GAAP
FYE Nov 2020 27.4 +148.8% Cons. · Japanese GAAP
FYE Nov 2021 22.7 −17.2% Cons. · Japanese GAAP
FYE Nov 2022 19.8 −12.6% Cons. · Japanese GAAP
FYE Nov 2023 29.6 +49.3% Cons. · Japanese GAAP
FYE Nov 2024 35.6 +20.0% Cons. · Japanese GAAP
FYE Nov 2025 17.5 −50.7% 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 Nov 2025 ¥1.9bn
Average · 10 yrs -¥6.5bn
Fiscal year FCF ¥ bn YoY Basis
FYE Nov 2016 -2.2 n/a Cons. · Japanese GAAP
FYE Nov 2017 -3.7 n/a Cons. · Japanese GAAP
FYE Nov 2018 -9.5 n/a Cons. · Japanese GAAP
FYE Nov 2019 -20.0 n/a Cons. · Japanese GAAP
FYE Nov 2020 10.7 n/a Cons. · Japanese GAAP
FYE Nov 2021 -5.0 −146.9% Cons. · Japanese GAAP
FYE Nov 2022 -31.7 n/a Cons. · Japanese GAAP
FYE Nov 2023 10.0 n/a Cons. · Japanese GAAP
FYE Nov 2024 -15.4 −254.1% Cons. · Japanese GAAP
FYE Nov 2025 1.9 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 Nov 2025 1.4%
Average · 10 yrs 0.8%
Fiscal year OCF margin % YoY Basis
FYE Nov 2016 -0.1 n/a Cons. · Japanese GAAP
FYE Nov 2017 -0.2 −0.1pp Cons. · Japanese GAAP
FYE Nov 2018 -1.3 −1.1pp Cons. · Japanese GAAP
FYE Nov 2019 -4.2 −2.9pp Cons. · Japanese GAAP
FYE Nov 2020 8.0 +12.2pp Cons. · Japanese GAAP
FYE Nov 2021 1.1 −6.9pp Cons. · Japanese GAAP
FYE Nov 2022 -4.3 −5.4pp Cons. · Japanese GAAP
FYE Nov 2023 7.3 +11.5pp Cons. · Japanese GAAP
FYE Nov 2024 0.5 −6.7pp Cons. · Japanese GAAP
FYE Nov 2025 1.4 +0.9pp Cons. · Japanese GAAP
Definition
How much of the revenue turned into cash
Formula
Operating cash flow ÷ revenue
Source
Securities report (XBRL)

Net cash

FYE Nov 2025 -¥52bn
Average · 10 yrs -¥29bn
Fiscal year Net cash ¥ bn YoY Basis
FYE Nov 2016 -8.2 n/a Cons. · Japanese GAAP
FYE Nov 2017 -4.8 n/a Cons. · Japanese GAAP
FYE Nov 2018 -14.6 n/a Cons. · Japanese GAAP
FYE Nov 2019 -28.9 n/a Cons. · Japanese GAAP
FYE Nov 2020 -18.6 n/a Cons. · Japanese GAAP
FYE Nov 2021 -22.8 n/a Cons. · Japanese GAAP
FYE Nov 2022 -49.1 n/a Cons. · Japanese GAAP
FYE Nov 2023 -39.8 n/a Cons. · Japanese GAAP
FYE Nov 2024 -53.8 n/a Cons. · Japanese GAAP
FYE Nov 2025 -51.6 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 Nov 2025 ¥217bn
Change · 10 yrs +¥199bn
Fiscal year Market capitalisation ¥ bn Basis
FYE Nov 2016 18.0 n/a
FYE Nov 2017 61.6 n/a
FYE Nov 2018 83.6 n/a
FYE Nov 2019 90.1 n/a
FYE Nov 2020 107 n/a
FYE Nov 2021 183 n/a
FYE Nov 2022 249 n/a
FYE Nov 2023 185 n/a
FYE Nov 2024 117 n/a
FYE Nov 2025 217 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 Nov 2025 2,683¥
Change · 10 yrs +936¥
Fiscal year Share price ¥ Basis
FYE Nov 2016 1,747 n/a
FYE Nov 2017 2,720 n/a
FYE Nov 2018 1,201 n/a
FYE Nov 2019 1,195 n/a
FYE Nov 2020 1,387 n/a
FYE Nov 2021 2,288 n/a
FYE Nov 2022 3,085 n/a
FYE Nov 2023 2,291 n/a
FYE Nov 2024 1,449 n/a
FYE Nov 2025 2,683 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 Nov 2025 80,877,900shares
Change · 10 yrs +70,586,400 shares
Fiscal year Shares outstanding shares Basis
FYE Nov 2016 10,291,500 Parent
FYE Nov 2017 22,656,800 Parent
FYE Nov 2018 69,628,200 Parent
FYE Nov 2019 75,428,200 Parent
FYE Nov 2020 77,360,000 Parent
FYE Nov 2021 80,136,800 Parent
FYE Nov 2022 80,735,200 Parent
FYE Nov 2023 80,766,200 Parent
FYE Nov 2024 80,809,800 Parent
FYE Nov 2025 80,877,900 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 Nov 2025 161.65¥
Change · 10 yrs +139.25¥
Fiscal year EPS ¥ Basis
FYE Nov 2016 22.40 Cons.
FYE Nov 2017 38.26 Cons.
FYE Nov 2018 42.28 Cons.
FYE Nov 2019 58.27 Cons.
FYE Nov 2020 63.62 Cons.
FYE Nov 2021 127.13 Cons.
FYE Nov 2022 176.30 Cons.
FYE Nov 2023 144.97 Cons.
FYE Nov 2024 99.90 Cons.
FYE Nov 2025 161.65 Cons.
Definition
Net profit for each share
Formula
Net profit ÷ average shares outstanding
Source
Securities report (XBRL)

BPS book value per share

FYE Nov 2025 979.19¥
Change · 10 yrs +449.53¥
Fiscal year BPS ¥ Basis
FYE Nov 2016 529.66 Cons. · Japanese GAAP
FYE Nov 2017 665.80 Cons. · Japanese GAAP
FYE Nov 2018 258.33 Cons. · Japanese GAAP
FYE Nov 2019 369.33 Cons. · Japanese GAAP
FYE Nov 2020 388.02 Cons. · Japanese GAAP
FYE Nov 2021 519.32 Cons. · Japanese GAAP
FYE Nov 2022 697.35 Cons. · Japanese GAAP
FYE Nov 2023 823.41 Cons. · Japanese GAAP
FYE Nov 2024 899.98 Cons. · Japanese GAAP
FYE Nov 2025 979.19 Cons. · Japanese GAAP
Definition
Equity behind each share
Formula
Equity ÷ shares outstanding
Source
Securities report (XBRL)

PER price-to-earnings ratio

FYE Nov 2025 16.60×
Average · 10 yrs 18.98×
Fiscal year PER × Basis
FYE Nov 2016 13.00 Cons.
FYE Nov 2017 23.70 Cons.
FYE Nov 2018 28.40 Cons.
FYE Nov 2019 20.50 Cons.
FYE Nov 2020 21.80 Cons.
FYE Nov 2021 18.00 Cons.
FYE Nov 2022 17.50 Cons.
FYE Nov 2023 15.80 Cons.
FYE Nov 2024 14.50 Cons.
FYE Nov 2025 16.60 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 Nov 2025 2.65×
Average · 10 yrs 3.41×
Fiscal year PBR × Basis
FYE Nov 2016 3.13 Cons.
FYE Nov 2017 4.09 Cons.
FYE Nov 2018 4.65 Cons.
FYE Nov 2019 3.23 Cons.
FYE Nov 2020 3.41 Cons.
FYE Nov 2021 4.22 Cons.
FYE Nov 2022 4.36 Cons.
FYE Nov 2023 2.75 Cons.
FYE Nov 2024 1.60 Cons.
FYE Nov 2025 2.65 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 Nov 2025 7,537people
Change · 10 yrs +6,649 people
Fiscal year Group employees people YoY Basis
FYE Nov 2016 888 n/a Cons.
FYE Nov 2017 1,284 +44.6% Cons.
FYE Nov 2018 1,944 +51.4% Cons.
FYE Nov 2019 2,731 +40.5% Cons.
FYE Nov 2020 3,009 +10.2% Cons.
FYE Nov 2021 3,725 +23.8% Cons.
FYE Nov 2022 5,351 +43.7% Cons.
FYE Nov 2023 6,751 +26.2% Cons.
FYE Nov 2024 7,635 +13.1% Cons.
FYE Nov 2025 7,537 −1.3% 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 Nov 2025 6,492people
Change · 10 yrs +5,631 people
Fiscal year Parent-company employees people YoY Basis
FYE Nov 2016 861 n/a Parent
FYE Nov 2017 1,229 +42.7% Parent
FYE Nov 2018 1,808 +47.1% Parent
FYE Nov 2019 2,559 +41.5% Parent
FYE Nov 2020 2,834 +10.7% Parent
FYE Nov 2021 3,471 +22.5% Parent
FYE Nov 2022 4,929 +42.0% Parent
FYE Nov 2023 6,125 +24.3% Parent
FYE Nov 2024 6,581 +7.4% Parent
FYE Nov 2025 6,492 −1.4% 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 Nov 2025 526万円
Change · 7 yrs +8万円
Fiscal year Average annual pay 万円 YoY Basis
FYE Nov 2016 n/a n/a Parent
FYE Nov 2017 n/a n/a Parent
FYE Nov 2018 n/a n/a Parent
FYE Nov 2019 518 n/a Parent
FYE Nov 2020 529 +2.2% Parent
FYE Nov 2021 540 +2.1% Parent
FYE Nov 2022 532 −1.5% Parent
FYE Nov 2023 507 −4.7% Parent
FYE Nov 2024 506 −0.3% Parent
FYE Nov 2025 526 +4.0% 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 Nov 2025 30.4years
Change · 7 yrs +1.2 years
Fiscal year Average age years YoY Basis
FYE Nov 2016 n/a n/a Parent
FYE Nov 2017 n/a n/a Parent
FYE Nov 2018 n/a n/a Parent
FYE Nov 2019 29.2 n/a Parent
FYE Nov 2020 29.3 +0.3% Parent
FYE Nov 2021 29.8 +1.7% Parent
FYE Nov 2022 29.3 −1.7% Parent
FYE Nov 2023 29.6 +1.0% Parent
FYE Nov 2024 30.0 +1.4% Parent
FYE Nov 2025 30.4 +1.3% 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 Nov 2025 3.5years
Change · 7 yrs +1.0 years
Fiscal year Average length of service years YoY Basis
FYE Nov 2016 n/a n/a Parent
FYE Nov 2017 n/a n/a Parent
FYE Nov 2018 n/a n/a Parent
FYE Nov 2019 2.5 n/a Parent
FYE Nov 2020 2.8 +12.0% Parent
FYE Nov 2021 2.8 −0.0% Parent
FYE Nov 2022 2.6 −7.1% Parent
FYE Nov 2023 2.7 +3.8% Parent
FYE Nov 2024 3.1 +14.8% Parent
FYE Nov 2025 3.5 +12.9% 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 Nov 2025 1,429people
Change · 10 yrs +1,350 people
Fiscal year Temporary employees people YoY Basis
FYE Nov 2016 79 n/a n/a
FYE Nov 2017 130 +64.6% n/a
FYE Nov 2018 230 +76.9% n/a
FYE Nov 2019 276 +20.0% n/a
FYE Nov 2020 461 +67.0% n/a
FYE Nov 2021 656 +42.3% n/a
FYE Nov 2022 931 +41.9% n/a
FYE Nov 2023 1,313 +41.0% n/a
FYE Nov 2024 1,505 +14.6% n/a
FYE Nov 2025 1,429 −5.0% 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 Nov 2025 ¥86.5m
Change · 10 yrs −¥11.7m
Fiscal year Revenue per employee ¥ m YoY Basis
FYE Nov 2016 98.2 n/a Cons.
FYE Nov 2017 92.7 −5.6% Cons.
FYE Nov 2018 83.9 −9.4% Cons.
FYE Nov 2019 80.3 −4.3% Cons.
FYE Nov 2020 80.1 −0.2% Cons.
FYE Nov 2021 78.2 −2.4% Cons.
FYE Nov 2022 78.1 −0.1% Cons.
FYE Nov 2023 68.7 −12.1% Cons.
FYE Nov 2024 72.4 +5.5% Cons.
FYE Nov 2025 86.5 +19.5% Cons.
Definition
What each employee accounts for in revenue
Formula
Revenue ÷ group employees
Source
Securities report (XBRL)

Operating profit per employee

FYE Nov 2025 ¥2.6m
Change · 10 yrs +¥0.2m
Fiscal year OP per employee ¥ m YoY Basis
FYE Nov 2016 2.4 n/a Cons.
FYE Nov 2017 2.7 +11.1% Cons.
FYE Nov 2018 2.3 −16.6% Cons.
FYE Nov 2019 2.2 −1.2% Cons.
FYE Nov 2020 2.3 +1.8% Cons.
FYE Nov 2021 3.7 +61.4% Cons.
FYE Nov 2022 3.6 −0.7% Cons.
FYE Nov 2023 2.4 −34.4% Cons.
FYE Nov 2024 1.7 −28.8% Cons.
FYE Nov 2025 2.6 +53.4% Cons.
Definition
What each employee accounts for in operating profit
Formula
Operating profit ÷ group employees
Source
Securities report (XBRL)

Disclaimer

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

Data API

Nextage’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/3186/company.json ·/api/3186/history.json ·/api/3186/ceo.json ·/api/3186/financials.json ·/api/3186/financials/segment.json ·/api/3186/financials/pl.json ·/api/3186/financials/cf.json ·/api/3186/financials/bs.json ·/api/3186/financials/employee.json ·/api/3186/financials/stock.json ·/api/3186/financials.csv ·/api/3186/financials_history.csv

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