Financials

World: 53 fiscal years of results, 1971–2026

Revenue · FYE Feb 2026
¥284bn
Operating profit · FYE Feb 2026
¥16bn
Net profit · FYE Feb 2026
¥12bn
Total assets
¥280bn
Equity ratio
33.2%
Fiscal years on record
53 · 1971–2026

This page carries 53 fiscal years of results, from 1971 to 2026. 3 years in that range carry no figure on record and are left out rather than interpolated. It is stitched from 5 sources — securities reports for the modern years, and company yearbooks or printed corporate histories for the older ones. Each column in the table below is footnoted with the one it came from. Revenue peaked in 2008 and has not returned to that level since. The company reported a net loss in 2 years: 1995, 2021.

World: long-term performance & turning pointsSales (revenue) and profit-margin ratio
Sales (¥ bn)Net margin (%)
Long-term results, every fiscal year on record (¥ bn). Scroll sideways for earlier years.
Fiscal year Unit 1971 *1 FYE Jul 1972 *1 FYE Jul 1973 *1 FYE Jul 1974 *1 FYE Jul 1975 *1 FYE Jul 1976 *1 FYE Jul 1977 *1 FYE Jul 1978 *1 FYE Jul 1979 *2 FYE Jul 1980 *2 FYE Jul 1981 *2 FYE Jul 1982 *3 FYE Jul 1983 *3 FYE Jul 1984 *3 FYE Jul 1985 *3 FYE Jul 1986 *3 FYE Jul 1987 *3 FYE Mar 1988 *3 FYE Mar 1989 *3 FYE Mar 1990 *3 FYE Mar 1991 *3 FYE Mar 1995 *4 FYE Mar 1996 *4 FYE Mar 1997 *4 FYE Mar 1998 *4 FYE Mar 1999 *4 FYE Mar 2000 *4 FYE Mar 2001 *4 FYE Mar 2002 *4 FYE Mar 2003 *5 FYE Mar 2004 *5 FYE Mar 2005 *5 FYE Mar 2006 *5 FYE Mar 2007 *5 FYE Mar 2008 *5 FYE Mar 2009 *5 FYE Mar 2010 *5 FYE Mar 2011 *5 FYE Mar 2012 FYE Mar 2013 FYE Mar 2014 FYE Mar 2015 FYE Mar 2016 FYE Mar 2017 FYE Mar 2018 FYE Mar 2019 FYE Mar 2020 FYE Mar 2021 FYE Mar 2022 FYE Mar 2023 FYE Mar 2024 FYE Feb 2025 FYE Feb 2026 *5 FYE Feb
Revenue JPY ¥4.9bn¥8.4bn¥15bn¥23bn¥28bn¥42bn¥51bn¥55bn¥65bn¥78bn¥91bn¥104bn¥116bn¥121bn¥136bn¥141bn¥102bn¥143bn¥151bn¥153bn¥154bn¥174bn¥187bn¥200bn¥213bn¥206bn¥189bn¥216bn¥222bn¥233bn¥236bn¥245bn¥290bn¥333bn¥358bn¥343bn¥314bn¥306bn¥330bn¥329bn¥304bn¥293bn¥272bn¥250bn¥246bn¥250bn¥236bn¥180bn¥171bn¥214bn¥202bn¥226bn¥284bn
YoY % +71.4%+83.3%+48.7%+20.1%+53.5%+19.7%+8.9%+18.5%+19.6%+16.0%+14.4%+12.0%+4.1%+12.7%+4.0%-27.9%+40.2%+5.7%+1.3%+0.8%+7.7%+6.6%+6.9%-3.4%-8.2%+14.0%+2.7%+5.0%+1.5%+3.8%+18.3%+15.0%+7.4%-4.3%-8.3%-2.7%+8.0%-0.2%-7.7%-3.8%-7.2%-8.0%-1.7%+1.7%-5.4%-23.7%-5.0%+25.0%-5.6%+11.6%+25.8%
Operating profit JPY ¥3.6bn¥12bn¥13bn¥15bn¥12bn-¥22bn¥2.2bn¥12bn¥12bn¥17bn¥16bn
YoY % +236.1%+9.1%+12.1%-16.2%-274.2%+431.8%+2.6%+40.0%-4.8%
Ordinary profit JPY ¥10bn¥13bn¥16bn¥17bn¥21bn¥23bn¥23bn¥24bn
Net profit JPY ¥0.6bn¥1.0bn¥2.4bn¥2.0bn¥4.0bn¥6.3bn¥8.2bn¥8.7bn-¥7.4bn¥4.4bn¥3.6bn¥4.8bn¥3.1bn¥3.3bn¥4.6bn¥5.0bn¥6.0bn¥7.3bn¥9.3bn¥16bn¥5.1bn¥5.7bn¥5.0bn¥2.3bn¥0.2bn¥3.1bn¥2.0bn¥4.5bn¥0.7bn¥8.2bn¥6.7bn¥9.2bn¥8.1bn-¥17bn¥0.2bn¥5.7bn¥6.8bn¥11bn¥12bn
YoY % +78.2%+139.8%-15.7%+100.5%+58.9%+29.3%+6.9%-17.4%+34.4%-36.0%+7.7%+36.5%+10.5%+19.4%+20.6%+27.7%+70.2%-67.5%+11.5%-12.4%-53.3%-93.6%-35.5%+125.0%-84.4%+1071.4%-18.3%+37.3%-12.0%-311.1%+2750.0%+19.3%+63.2%+8.1%
Operating margin % 1.3%4.8%5.4%5.9%5.2%-12.0%1.3%5.5%5.9%7.4%5.6%
Net margin % 11.2%11.7%15.3%8.6%14.4%15.0%16.2%15.9%-4.3%2.3%1.8%2.3%1.5%1.8%2.1%2.3%2.6%3.1%3.8%5.4%1.5%1.6%1.5%0.7%0.0%0.9%0.7%1.5%0.3%3.3%2.7%3.7%3.4%-9.5%0.1%2.7%3.4%4.9%4.2%
Standard Japanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPIFRSIFRSIFRSIFRSIFRSIFRSIFRSIFRSIFRSIFRSIFRSIFRSIFRSIFRSIFRS
Basis Parent onlyParent onlyParent onlyParent onlyParent onlyParent onlyParent onlyParent onlyParent onlyParent onlyParent onlyParent onlyParent onlyParent onlyParent onlyParent onlyParent onlyParent onlyParent onlyParent onlyParent onlyConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidated
  • *1 ヤノニュース(1025)
  • *2 ヤノニュース(1103)
  • *3 論文「ビジネス; システムの進化にかんする研究」(井上)
  • *4 Kaisha Shikiho (Japan Company Handbook)
  • *5 Securities report
Cost structure Cost of sales SG&A Other operating costs Operating profit Operating margin

Where each yen of revenue goes — cost of sales, SG&A and what is left as operating profit (¥ bn, stacked)

Revenue and its cost lines, every year the breakdown was filed (¥ bn).
Fiscal year Unit 2018 *1 FYE Mar 2019 *1 FYE Mar 2020 *1 FYE Mar 2021 *1 FYE Mar 2022 *1 FYE Mar 2023 *1 FYE Mar 2024 *1 FYE Feb 2025 *1 FYE Feb 2026 *1 FYE Feb
Revenue JPY ¥246bn¥250bn¥236bn¥180bn¥171bn¥214bn¥202bn¥226bn¥284bn
YoY % +1.6%-5.4%-23.7%-5.0%+25.0%-5.6%+11.5%+25.9%
Cost of sales JPY ¥101bn¥105bn¥98bn¥83bn¥73bn¥90bn¥84bn¥92bn¥144bn
SG&A JPY ¥129bn¥128bn¥125bn¥104bn¥93bn¥110bn¥105bn¥116bn¥123bn
Other operating costs JPY ¥2.7bn¥15bn¥3.2bn
Operating profit JPY ¥13bn¥15bn¥12bn-¥22bn¥2.2bn¥12bn¥12bn¥17bn¥16bn
YoY % +12.1%-16.7%-275.2%+432.1%+2.7%+39.9%-4.6%
Operating margin % 5.4%5.9%5.2%-12.0%1.3%5.5%5.9%7.4%5.6%
Change pp +0.5pp-0.7pp-17.2pp+13.3pp+4.2pp+0.4pp+1.5pp-1.8pp
  • *1 Securities report (yuka shoken hokokusho), as filed
Balance sheet Total assets Equity Interest-bearing debt Equity ratio

Total assets, equity and interest-bearing debt (¥ bn), with the equity ratio (%)

Balance-sheet totals, every year on record (¥ bn).
Fiscal year Unit 2012 *1 FYE Mar 2013 *1 FYE Mar 2014 *1 FYE Mar 2015 *1 FYE Mar 2016 *1 FYE Mar 2017 *1 FYE Mar 2018 *1 FYE Mar 2019 *1 FYE Mar 2020 *1 FYE Mar 2021 *1 FYE Mar 2022 *1 FYE Mar 2023 *1 FYE Mar 2024 *1 FYE Feb 2025 *1 FYE Feb 2026 *1 FYE Feb
Total assets JPY ¥211bn¥207bn¥200bn¥200bn¥185bn¥194bn¥203bn¥214bn¥262bn¥245bn¥252bn¥251bn¥240bn¥274bn¥280bn
YoY % -2.0%-3.0%-0.1%-7.6%+4.8%+4.7%+5.2%+22.7%-6.3%+2.6%-0.1%-4.7%+14.3%+2.3%
Equity JPY ¥29bn¥8.6bn¥11bn¥12bn¥13bn¥20bn¥27bn¥76bn¥80bn¥77bn¥73bn¥76bn¥76bn¥76bn¥93bn
YoY % -70.3%+30.5%+11.4%+1.8%+60.3%+32.2%+182.4%+5.0%-3.6%-5.2%+3.7%0.0%+0.5%+22.4%
Interest-bearing debt JPY ¥86bn¥75bn¥78bn¥80bn¥83bn¥79bn¥74bn¥87bn¥82bn
Equity ratio % 13.7%4.2%5.6%6.2%6.9%10.5%13.2%35.5%30.4%31.3%29.0%30.1%31.5%27.8%33.2%
Change pp -9.5pp+1.4pp+0.6pp+0.7pp+3.6pp+2.7pp+22.3pp-5.1pp+0.9pp-2.3pp+1.1pp+1.4pp-3.7pp+5.4pp
  • *1 Securities report (yuka shoken hokokusho), as filed
Cash flow Operating CF Investing CF Financing CF

Cash generated by operations, spent on investment and raised or repaid in financing (¥ bn)

Cash flows as filed, every year on record (¥ bn). A negative figure is cash out.
Fiscal year Unit 2012 *1 FYE Mar 2013 *1 FYE Mar 2014 *1 FYE Mar 2015 *1 FYE Mar 2016 *1 FYE Mar 2017 *1 FYE Mar 2018 *1 FYE Mar 2019 *1 FYE Mar 2020 *1 FYE Mar 2021 *1 FYE Mar 2022 *1 FYE Mar 2023 *1 FYE Mar 2024 *1 FYE Feb 2025 *1 FYE Feb 2026 *1 FYE Feb
Operating CF JPY ¥16bn¥6.7bn¥14bn¥8.3bn¥14bn¥17bn¥21bn¥12bn¥27bn¥4.2bn¥17bn¥25bn¥27bn¥32bn¥31bn
YoY % -59.6%+102.7%-38.4%+71.5%+17.0%+22.8%-39.1%+115.2%-84.5%+316.9%+46.6%+8.2%+16.5%-3.2%
Investing CF JPY -¥3.1bn-¥2.3bn-¥0.3bn¥0.7bn¥9.8bn-¥20bn-¥5.9bn-¥17bn-¥7.9bn-¥2.7bn-¥2.0bn-¥4.4bn-¥2.0bn-¥10bn-¥4.1bn
Financing CF JPY -¥14bn-¥9.4bn-¥15bn-¥9.7bn-¥11bn-¥3.3bn-¥15bn¥3.5bn-¥18bn-¥1.1bn-¥15bn-¥22bn-¥26bn-¥21bn-¥31bn
Cash & equivalents JPY ¥28bn¥21bn¥21bn¥20bn¥20bn¥21bn¥21bn¥21bn¥21bn¥22bn¥18bn
YoY % -24.9%-0.8%-6.6%+3.3%+2.2%+3.5%-3.4%+0.8%+4.3%-16.7%
  • *1 Securities report (yuka shoken hokokusho), as filed
Key ratios Operating margin Net margin ROE Equity ratio

Profitability and balance-sheet strength (%). ROE uses year-end equity.

Ratios by fiscal year (%), with the year-on-year move in percentage points. Derived from the filed figures above.
Fiscal year Unit 2002 *1 FYE Mar 2003 *1 FYE Mar 2004 *1 FYE Mar 2005 *1 FYE Mar 2006 *1 FYE Mar 2007 *1 FYE Mar 2008 *1 FYE Mar 2009 *1 FYE Mar 2010 *1 FYE Mar 2011 *1 FYE Mar 2012 *1 FYE Mar 2013 *1 FYE Mar 2014 *1 FYE Mar 2015 *1 FYE Mar 2016 *1 FYE Mar 2017 *1 FYE Mar 2018 *1 FYE Mar 2019 *1 FYE Mar 2020 *1 FYE Mar 2021 *1 FYE Mar 2022 *1 FYE Mar 2023 *1 FYE Mar 2024 *1 FYE Feb 2025 *1 FYE Feb 2026 *1 FYE Feb
Operating margin % 1.3%4.8%5.4%5.9%5.2%-12.0%1.3%5.5%5.9%7.4%5.6%
Change pp +3.5pp+0.6pp+0.5pp-0.7pp-17.2pp+13.3pp+4.2pp+0.4pp+1.5pp-1.8pp
Net margin % 2.3%2.6%3.0%3.8%5.4%1.5%1.6%1.5%0.7%0.0%1.0%0.7%1.5%0.3%3.3%2.7%3.7%3.4%-9.5%0.1%2.7%3.3%4.9%4.2%
Change pp +0.3pp+0.4pp+0.8pp+1.6pp-3.9pp+0.1pp-0.1pp-0.8pp-0.7pp-0.3pp+0.8pp-1.2pp+3.0pp-0.6pp+1.0pp-0.3pp-12.9pp+9.6pp+2.6pp+0.6pp+1.6pp-0.7pp
ROE % 36.7%18.2%36.2%5.9%40.1%25.1%12.1%10.1%-22.3%0.3%7.5%8.9%14.6%12.9%
Change pp -18.5pp+18.0pp-30.3pp+34.2pp-15.0pp-13.0pp-2.0pp-32.4pp+22.6pp+7.2pp+1.4pp+5.7pp-1.7pp
Equity ratio % 13.7%4.2%5.6%6.2%6.9%10.5%13.2%35.5%30.4%31.3%29.0%30.1%31.5%27.8%33.2%
Change pp -9.5pp+1.4pp+0.6pp+0.7pp+3.6pp+2.7pp+22.3pp-5.1pp+0.9pp-2.3pp+1.1pp+1.4pp-3.7pp+5.4pp
  • *1 Securities report (yuka shoken hokokusho), as filed
Revenue in US dollars Revenue (US$m)

The revenue line above, converted at the average ¥/US$ rate of each figure’s own year — never today’s.

Between 1971–2026, World’s revenue grew 58-fold in yen (7.7% a year). Converted at each year’s own average rate, the same span is 132-fold in dollars (9.3% a year), from $14m to $1.8bn. The dollar figure grew faster because the yen was stronger at the end of the period than at the start — a yen of revenue in 2026 bought more dollars than one in 1971.

Revenue in millions of US dollars, converted at each year’s own average rate, with the yen figure as filed and the rate applied.
Fiscal year Unit 1971 *1 FYE Jul 1972 *2 FYE Jul 1973 *3 FYE Jul 1974 *3 FYE Jul 1975 *3 FYE Jul 1976 *3 FYE Jul 1977 *3 FYE Jul 1978 *3 FYE Jul 1979 *3 FYE Jul 1980 *4 FYE Jul 1981 *4 FYE Jul 1982 *4 FYE Jul 1983 *4 FYE Jul 1984 *4 FYE Jul 1985 *4 FYE Jul 1986 *4 FYE Jul 1987 *4 FYE Mar 1988 *4 FYE Mar 1989 *4 FYE Mar 1990 *4 FYE Mar 1991 *4 FYE Mar 1995 *4 FYE Mar 1996 *4 FYE Mar 1997 *4 FYE Mar 1998 *4 FYE Mar 1999 *4 FYE Mar 2000 *4 FYE Mar 2001 *4 FYE Mar 2002 *4 FYE Mar 2003 *4 FYE Mar 2004 *4 FYE Mar 2005 *4 FYE Mar 2006 *4 FYE Mar 2007 *4 FYE Mar 2008 *4 FYE Mar 2009 *4 FYE Mar 2010 *4 FYE Mar 2011 *4 FYE Mar 2012 *4 FYE Mar 2013 *4 FYE Mar 2014 *4 FYE Mar 2015 *4 FYE Mar 2016 *4 FYE Mar 2017 *4 FYE Mar 2018 *4 FYE Mar 2019 *4 FYE Mar 2020 *4 FYE Mar 2021 *4 FYE Mar 2022 *4 FYE Mar 2023 *4 FYE Mar 2024 *4 FYE Feb 2025 *4 FYE Feb 2026 *4,5 FYE Feb
Revenue USD $14m$27m$56m$78m$92m$145m$196m$274m$283m$344m$410m$416m$488m$508m$570m$839m$705m$1.1bn$1.1bn$1.1bn$1.1bn$1.8bn$1.7bn$1.6bn$1.6bn$1.8bn$1.8bn$1.8bn$1.8bn$2.0bn$2.2bn$2.2bn$2.5bn$2.8bn$3.5bn$3.7bn$3.6bn$3.8bn$4.1bn$3.4bn$2.9bn$2.4bn$2.5bn$2.2bn$2.2bn$2.3bn$2.2bn$1.6bn$1.3bn$1.5bn$1.3bn$1.5bn$1.8bn
YoY % +100.4%+106.1%+39.1%+17.7%+57.1%+36.0%+39.3%+3.6%+21.4%+19.3%+1.3%+17.4%+4.0%+12.2%+47.3%-15.9%+58.2%-1.8%-3.5%+8.5%-6.9%-4.2%-1.1%+11.1%-3.0%+1.1%-0.3%+13.5%+8.7%+1.9%+12.0%+13.6%+22.5%+5.7%-2.3%+7.0%+8.0%-18.4%-14.9%-15.9%+3.2%-10.7%-0.1%+3.0%-3.5%-25.8%-20.6%+16.9%-12.4%+12.9%+19.1%
Revenue as filed JPY ¥4.9bn¥8.4bn¥15bn¥23bn¥28bn¥42bn¥51bn¥55bn¥65bn¥78bn¥91bn¥104bn¥116bn¥121bn¥136bn¥141bn¥102bn¥143bn¥151bn¥153bn¥154bn¥174bn¥187bn¥200bn¥213bn¥206bn¥189bn¥216bn¥222bn¥233bn¥236bn¥245bn¥290bn¥333bn¥358bn¥343bn¥314bn¥306bn¥330bn¥329bn¥304bn¥293bn¥272bn¥250bn¥246bn¥250bn¥236bn¥180bn¥171bn¥214bn¥202bn¥226bn¥284bn
Rate applied ¥/US$ ¥360.00¥308.00¥274.00¥293.00¥299.00¥292.00¥257.00¥201.00¥230.00¥226.69¥220.55¥249.06¥237.48¥237.53¥238.53¥168.52¥144.60¥128.13¥137.98¥144.81¥134.51¥94.05¥108.77¥121.02¥130.89¥113.84¥107.74¥121.52¥125.28¥115.92¥108.16¥110.15¥116.28¥117.77¥103.33¥93.53¥87.77¥79.78¥79.79¥97.60¥105.84¥121.02¥108.84¥112.16¥110.40¥109.01¥106.78¥109.78¥131.37¥140.51¥151.50¥149.65¥158.16
  • *1 1949-1971: Fixed Bretton Woods peg ¥360/$ (Dodge Line 1949; Smithsonian ¥308 from Dec 1971).
  • *2 1972: Smithsonian peg ¥308/$ (held until Feb 1973 float).
  • *3 1973-1979: JIL (Japan Institute for Labour Policy and Training) g0001.xlsx — fiscal-year (Apr–Mar) basis, integer-rounded. PROVISIONAL; upgrade to BOJ FXERM07 calendar-year later.
  • *4 1980-2026: Bank of Japan stat-search FM08'FXERM07 (Tokyo market, USD/JPY spot, 17:00 fixing, monthly average) — calendar-year average of monthly averages.
  • *5 Provisional — part-year average, not a full calendar year.

Every rate used, and where it comes from →

Reporting basis

Which accounting standard each stretch of the series was filed under, and whether the accounts are consolidated.

The series crosses 3 reporting regimes — parent-only Japanese GAAP for 1971–1991; consolidated Japanese GAAP for 1995–2011; and consolidated IFRS for 2012–2026. Figures are not strictly comparable across a change of basis: consolidation in particular adds subsidiaries that were previously outside the accounts.

Reporting regimes across the long series, oldest first.
Fiscal years Standard Basis Years
1971–1991 Japanese GAAP parent-only 21
1995–2011 Japanese GAAP consolidated 17
2012–2026 IFRS consolidated 15
Download the long-term series (CSV) → Compiled from securities reports and other public filings. We do not guarantee accuracy or currency, and do not track post-filing corrections. Check the primary sources before relying on these figures.

All figures are in Japanese yen as filed. Where a foreign-currency comparison is needed elsewhere on this site, yen amounts are converted at the average rate of each figure's own year — not today's rate. Exchange rates & sources →

Read the company history → 日本語版(詳細)— full financial data in Japanese →



Data API

World’s history, financials, executives and shareholders are published as static JSON — no key, plain GET. Full specification →

/api/3612/manifest.json ·/api/3612/history.json ·/api/3612/timeline.json ·/api/3612/decisions.json ·/api/3612/executives.json ·/api/3612/shareholders.json ·/api/3612/financials.json ·/api/3612/financials-longterm.json ·/api/3612/segments.json ·/api/3612/regions.json ·/api/3612/workforce.json · /api/3612/decisions/{slug}.json

/api/companies.json ·/api/decisions.json