Financials

Tosoh: FYE Mar 2026 and ten years of results (48 metrics)

FYE Mar 2026 · Revenue¥1.02tnYoY −4.1%

FYE Mar 2026 · Operating profit¥96bnYoY −3.4%

FYE Mar 2026 · Net profit¥42bnYoY −28.3%

FYE Mar 2026 · Equity ratio59.0%YoY −3.3pp

FYE Mar 2026 · Group employees14,850YoY +37

Fiscal year	Revenue	YoY	Operating profit	YoY	Margin	Net profit	Chief executive	That year
FYE Mar 2017Consolidated	¥743bn	n/a	¥111bn	n/a	15.0%	¥76bn	Udagawa Kenichi	Yamamoto Hisanobu becomes president
FYE Mar 2018Consolidated	¥823bn	+10.7%	¥131bn	+17.4%	15.9%	¥89bn	Yamamoto Toshinori	Record profit from the “hold and revive” strategy in vinyl and chlor-alkali
FYE Mar 2019Consolidated	¥861bn	+4.7%	¥106bn	−19.0%	12.3%	¥78bn	Yamamoto Toshinori	—
FYE Mar 2020Consolidated	¥786bn	−8.7%	¥82bn	−22.8%	10.4%	¥56bn	Yamamoto Toshinori	—
FYE Mar 2021Consolidated	¥733bn	−6.8%	¥88bn	+7.5%	12.0%	¥63bn	Yamamoto Toshinori	—
FYE Mar 2022Consolidated	¥919bn	+25.3%	¥144bn	+64.0%	15.7%	¥108bn	Yamamoto Toshinori	—
FYE Mar 2023Consolidated	¥1.06tn	+15.9%	¥75bn	−48.2%	7.0%	¥50bn	Yamamoto Toshinori	Kuwata Mamoru becomes president
FYE Mar 2024Consolidated	¥1.01tn	−5.5%	¥80bn	+7.0%	7.9%	¥57bn	Kuwada Mamoru	—
FYE Mar 2025Consolidated	¥1.06tn	+5.7%	¥99bn	+23.9%	9.3%	¥58bn	Kuwada Mamoru	Tosoh Vietnam Polyurethane Co., Ltd established
FYE Mar 2026Consolidated	¥1.02tn	−4.1%	¥96bn	−3.4%	9.4%	¥42bn	Kuwada Mamoru	—

How it compares

Mitsubishi Chemical Group¥3.70tnFY2025Operating margin 0.8%Shin-Etsu Chemical¥2.57tnFY2025Operating margin 24.7%Sumitomo Chemical¥2.33tnFY2025Operating margin 6.5%

Mitsubishi Chemical CorporationDelisted 2005

Mitsui Chemicals¥1.67tnFY2025Operating margin 4.4%Resonac Holdings¥1.35tnFY2025Operating margin 3.5%Sekisui Chemical¥1.31tnFY2025Operating margin 8.1%

Tosoh¥1.02tnFY2025Operating margin 9.4%

KANEKA CORPORATION¥812bnFY2025Operating margin 4.1%Daicel¥580bnFY2025Operating margin 7.3%

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 ¥1.02tn

CAGR · 10 yrs +3.6%

Fiscal year	Revenue ¥ bn	YoY	Basis
FYE Mar 2017	743	n/a	Cons. · Japanese GAAP
FYE Mar 2018	823	+10.7%	Cons. · Japanese GAAP
FYE Mar 2019	861	+4.7%	Cons. · Japanese GAAP
FYE Mar 2020	786	−8.7%	Cons. · Japanese GAAP
FYE Mar 2021	733	−6.8%	Cons. · Japanese GAAP
FYE Mar 2022	919	+25.3%	Cons. · Japanese GAAP
FYE Mar 2023	1,064	+15.9%	Cons. · Japanese GAAP
FYE Mar 2024	1,006	−5.5%	Cons. · Japanese GAAP
FYE Mar 2025	1,063	+5.7%	Cons. · Japanese GAAP
FYE Mar 2026	1,020	−4.1%	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 ¥759bn

CAGR · 10 yrs +4.1%

Fiscal year	Cost of sales ¥ bn	YoY	Basis
FYE Mar 2017	528	n/a	Cons. · Japanese GAAP
FYE Mar 2018	582	+10.2%	Cons. · Japanese GAAP
FYE Mar 2019	640	+10.0%	Cons. · Japanese GAAP
FYE Mar 2020	585	−8.6%	Cons. · Japanese GAAP
FYE Mar 2021	528	−9.6%	Cons. · Japanese GAAP
FYE Mar 2022	647	+22.3%	Cons. · Japanese GAAP
FYE Mar 2023	845	+30.7%	Cons. · Japanese GAAP
FYE Mar 2024	779	−7.8%	Cons. · Japanese GAAP
FYE Mar 2025	804	+3.2%	Cons. · Japanese GAAP
FYE Mar 2026	759	−5.7%	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 ¥261bn

CAGR · 10 yrs +2.2%

Fiscal year	Gross profit ¥ bn	YoY	Basis
FYE Mar 2017	215	n/a	Cons. · Japanese GAAP
FYE Mar 2018	241	+12.0%	Cons. · Japanese GAAP
FYE Mar 2019	222	−8.0%	Cons. · Japanese GAAP
FYE Mar 2020	201	−9.2%	Cons. · Japanese GAAP
FYE Mar 2021	204	+1.6%	Cons. · Japanese GAAP
FYE Mar 2022	272	+33.1%	Cons. · Japanese GAAP
FYE Mar 2023	219	−19.4%	Cons. · Japanese GAAP
FYE Mar 2024	226	+3.2%	Cons. · Japanese GAAP
FYE Mar 2025	259	+14.5%	Cons. · Japanese GAAP
FYE Mar 2026	261	+0.8%	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 ¥165bn

CAGR · 10 yrs +5.3%

Fiscal year	SG&A ¥ bn	YoY	Basis
FYE Mar 2017	104	n/a	Cons. · Japanese GAAP
FYE Mar 2018	110	+6.1%	Cons. · Japanese GAAP
FYE Mar 2019	116	+5.0%	Cons. · Japanese GAAP
FYE Mar 2020	120	+3.1%	Cons. · Japanese GAAP
FYE Mar 2021	117	−2.5%	Cons. · Japanese GAAP
FYE Mar 2022	128	+9.8%	Cons. · Japanese GAAP
FYE Mar 2023	145	+13.0%	Cons. · Japanese GAAP
FYE Mar 2024	146	+1.2%	Cons. · Japanese GAAP
FYE Mar 2025	160	+9.4%	Cons. · Japanese GAAP
FYE Mar 2026	165	+3.4%	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 ¥96bn

CAGR · 10 yrs −1.7%

Fiscal year	Operating profit ¥ bn	YoY	Basis
FYE Mar 2017	111	n/a	Cons. · Japanese GAAP
FYE Mar 2018	131	+17.4%	Cons. · Japanese GAAP
FYE Mar 2019	106	−19.0%	Cons. · Japanese GAAP
FYE Mar 2020	81.7	−22.8%	Cons. · Japanese GAAP
FYE Mar 2021	87.8	+7.5%	Cons. · Japanese GAAP
FYE Mar 2022	144	+64.0%	Cons. · Japanese GAAP
FYE Mar 2023	74.6	−48.2%	Cons. · Japanese GAAP
FYE Mar 2024	79.8	+7.0%	Cons. · Japanese GAAP
FYE Mar 2025	98.9	+23.9%	Cons. · Japanese GAAP
FYE Mar 2026	95.5	−3.4%	Cons. · Japanese GAAP

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

Non-operating income

FYE Mar 2026 ¥16bn

CAGR · 10 yrs +11.4%

Fiscal year	Non-operating income ¥ bn	YoY	Basis
FYE Mar 2017	6.1	n/a	Cons. · Japanese GAAP
FYE Mar 2018	6.0	−1.6%	Cons. · Japanese GAAP
FYE Mar 2019	9.3	+55.8%	Cons. · Japanese GAAP
FYE Mar 2020	10.3	+11.1%	Cons. · Japanese GAAP
FYE Mar 2021	9.5	−7.9%	Cons. · Japanese GAAP
FYE Mar 2022	18.0	+89.4%	Cons. · Japanese GAAP
FYE Mar 2023	17.8	−1.3%	Cons. · Japanese GAAP
FYE Mar 2024	18.9	+6.4%	Cons. · Japanese GAAP
FYE Mar 2025	9.6	−49.5%	Cons. · Japanese GAAP
FYE Mar 2026	16.0	+67.2%	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 Mar 2026 ¥4.8bn

CAGR · 10 yrs +1.4%

Fiscal year	Non-operating expenses ¥ bn	YoY	Basis
FYE Mar 2017	4.2	n/a	Cons. · Japanese GAAP
FYE Mar 2018	4.3	+2.5%	Cons. · Japanese GAAP
FYE Mar 2019	2.0	−53.0%	Cons. · Japanese GAAP
FYE Mar 2020	6.0	+199.1%	Cons. · Japanese GAAP
FYE Mar 2021	2.2	−63.5%	Cons. · Japanese GAAP
FYE Mar 2022	1.6	−26.9%	Cons. · Japanese GAAP
FYE Mar 2023	2.4	+50.7%	Cons. · Japanese GAAP
FYE Mar 2024	2.9	+18.1%	Cons. · Japanese GAAP
FYE Mar 2025	5.5	+90.6%	Cons. · Japanese GAAP
FYE Mar 2026	4.8	−12.8%	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 ¥107bn

CAGR · 10 yrs −0.6%

Fiscal year	Ordinary profit ¥ bn	YoY	Basis
FYE Mar 2017	113	n/a	Cons. · Japanese GAAP
FYE Mar 2018	132	+16.9%	Cons. · Japanese GAAP
FYE Mar 2019	113	−14.5%	Cons. · Japanese GAAP
FYE Mar 2020	86.0	−23.9%	Cons. · Japanese GAAP
FYE Mar 2021	95.1	+10.7%	Cons. · Japanese GAAP
FYE Mar 2022	160	+68.7%	Cons. · Japanese GAAP
FYE Mar 2023	90.0	−43.9%	Cons. · Japanese GAAP
FYE Mar 2024	95.9	+6.6%	Cons. · Japanese GAAP
FYE Mar 2025	103	+7.4%	Cons. · Japanese GAAP
FYE Mar 2026	107	+3.6%	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 ¥4.0bn

CAGR · 10 yrs +20.6%

Fiscal year	Extraordinary income ¥ bn	YoY	Basis
FYE Mar 2017	0.7	n/a	Cons. · Japanese GAAP
FYE Mar 2018	0.5	−35.3%	Cons. · Japanese GAAP
FYE Mar 2019	2.6	+440.9%	Cons. · Japanese GAAP
FYE Mar 2020	0.3	−89.9%	Cons. · Japanese GAAP
FYE Mar 2021	3.1	+1106.5%	Cons. · Japanese GAAP
FYE Mar 2022	3.8	+21.9%	Cons. · Japanese GAAP
FYE Mar 2023	2.4	−38.2%	Cons. · Japanese GAAP
FYE Mar 2024	0.7	−71.5%	Cons. · Japanese GAAP
FYE Mar 2025	2.1	+212.6%	Cons. · Japanese GAAP
FYE Mar 2026	4.0	+89.2%	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 ¥42bn

CAGR · 10 yrs −6.4%

Fiscal year	Net profit ¥ bn	YoY	Basis
FYE Mar 2017	75.7	n/a	Cons. · Japanese GAAP
FYE Mar 2018	88.8	+17.4%	Cons. · Japanese GAAP
FYE Mar 2019	78.1	−12.0%	Cons. · Japanese GAAP
FYE Mar 2020	55.6	−28.9%	Cons. · Japanese GAAP
FYE Mar 2021	63.3	+13.9%	Cons. · Japanese GAAP
FYE Mar 2022	108	+70.6%	Cons. · Japanese GAAP
FYE Mar 2023	50.3	−53.4%	Cons. · Japanese GAAP
FYE Mar 2024	57.3	+13.9%	Cons. · Japanese GAAP
FYE Mar 2025	58.0	+1.2%	Cons. · Japanese GAAP
FYE Mar 2026	41.6	−28.3%	Cons. · Japanese GAAP

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

Gross margin

FYE Mar 2026 25.6%

Average · 10 yrs 26.0%

Fiscal year	Gross margin %	YoY	Basis
FYE Mar 2017	29.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	29.3	+0.3pp	Cons. · Japanese GAAP
FYE Mar 2019	25.7	−3.6pp	Cons. · Japanese GAAP
FYE Mar 2020	25.6	−0.1pp	Cons. · Japanese GAAP
FYE Mar 2021	27.9	+2.3pp	Cons. · Japanese GAAP
FYE Mar 2022	29.6	+1.7pp	Cons. · Japanese GAAP
FYE Mar 2023	20.6	−9.0pp	Cons. · Japanese GAAP
FYE Mar 2024	22.5	+1.9pp	Cons. · Japanese GAAP
FYE Mar 2025	24.4	+1.9pp	Cons. · Japanese GAAP
FYE Mar 2026	25.6	+1.2pp	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 9.4%

Average · 10 yrs 11.5%

Fiscal year	Operating margin %	YoY	Basis
FYE Mar 2017	15.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	15.9	+0.9pp	Cons. · Japanese GAAP
FYE Mar 2019	12.3	−3.6pp	Cons. · Japanese GAAP
FYE Mar 2020	10.4	−1.9pp	Cons. · Japanese GAAP
FYE Mar 2021	12.0	+1.6pp	Cons. · Japanese GAAP
FYE Mar 2022	15.7	+3.7pp	Cons. · Japanese GAAP
FYE Mar 2023	7.0	−8.7pp	Cons. · Japanese GAAP
FYE Mar 2024	7.9	+0.9pp	Cons. · Japanese GAAP
FYE Mar 2025	9.3	+1.4pp	Cons. · Japanese GAAP
FYE Mar 2026	9.4	+0.1pp	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 10.5%

Average · 10 yrs 12.4%

Fiscal year	Ordinary margin %	YoY	Basis
FYE Mar 2017	15.2	n/a	Cons. · Japanese GAAP
FYE Mar 2018	16.1	+0.9pp	Cons. · Japanese GAAP
FYE Mar 2019	13.1	−3.0pp	Cons. · Japanese GAAP
FYE Mar 2020	10.9	−2.2pp	Cons. · Japanese GAAP
FYE Mar 2021	13.0	+2.0pp	Cons. · Japanese GAAP
FYE Mar 2022	17.5	+4.5pp	Cons. · Japanese GAAP
FYE Mar 2023	8.5	−9.0pp	Cons. · Japanese GAAP
FYE Mar 2024	9.5	+1.1pp	Cons. · Japanese GAAP
FYE Mar 2025	9.7	+0.1pp	Cons. · Japanese GAAP
FYE Mar 2026	10.5	+0.8pp	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 4.1%

Average · 10 yrs 7.7%

Fiscal year	Net margin %	YoY	Basis
FYE Mar 2017	10.2	n/a	Cons. · Japanese GAAP
FYE Mar 2018	10.8	+0.6pp	Cons. · Japanese GAAP
FYE Mar 2019	9.1	−1.7pp	Cons. · Japanese GAAP
FYE Mar 2020	7.1	−2.0pp	Cons. · Japanese GAAP
FYE Mar 2021	8.6	+1.6pp	Cons. · Japanese GAAP
FYE Mar 2022	11.8	+3.1pp	Cons. · Japanese GAAP
FYE Mar 2023	4.7	−7.0pp	Cons. · Japanese GAAP
FYE Mar 2024	5.7	+1.0pp	Cons. · Japanese GAAP
FYE Mar 2025	5.5	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2026	4.1	−1.4pp	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 74.4%

Average · 10 yrs 74.0%

Fiscal year	Cost-of-sales ratio %	YoY	Basis
FYE Mar 2017	71.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	70.7	−0.3pp	Cons. · Japanese GAAP
FYE Mar 2019	74.3	+3.6pp	Cons. · Japanese GAAP
FYE Mar 2020	74.4	+0.1pp	Cons. · Japanese GAAP
FYE Mar 2021	72.1	−2.3pp	Cons. · Japanese GAAP
FYE Mar 2022	70.4	−1.7pp	Cons. · Japanese GAAP
FYE Mar 2023	79.4	+9.0pp	Cons. · Japanese GAAP
FYE Mar 2024	77.5	−1.9pp	Cons. · Japanese GAAP
FYE Mar 2025	75.6	−1.9pp	Cons. · Japanese GAAP
FYE Mar 2026	74.4	−1.2pp	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 16.2%

Average · 10 yrs 14.5%

Fiscal year	SG&A ratio %	YoY	Basis
FYE Mar 2017	14.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	13.4	−0.6pp	Cons. · Japanese GAAP
FYE Mar 2019	13.5	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2020	15.2	+1.7pp	Cons. · Japanese GAAP
FYE Mar 2021	15.9	+0.7pp	Cons. · Japanese GAAP
FYE Mar 2022	13.9	−2.0pp	Cons. · Japanese GAAP
FYE Mar 2023	13.6	−0.3pp	Cons. · Japanese GAAP
FYE Mar 2024	14.6	+1.0pp	Cons. · Japanese GAAP
FYE Mar 2025	15.1	+0.5pp	Cons. · Japanese GAAP
FYE Mar 2026	16.2	+1.2pp	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 ¥1.41tn

CAGR · 10 yrs +6.8%

Fiscal year	Total assets ¥ bn	YoY	Basis
FYE Mar 2017	779	n/a	Cons. · Japanese GAAP
FYE Mar 2018	846	+8.6%	Cons. · Japanese GAAP
FYE Mar 2019	878	+3.8%	Cons. · Japanese GAAP
FYE Mar 2020	887	+1.0%	Cons. · Japanese GAAP
FYE Mar 2021	983	+10.8%	Cons. · Japanese GAAP
FYE Mar 2022	1,088	+10.7%	Cons. · Japanese GAAP
FYE Mar 2023	1,194	+9.8%	Cons. · Japanese GAAP
FYE Mar 2024	1,290	+8.0%	Cons. · Japanese GAAP
FYE Mar 2025	1,327	+2.9%	Cons. · Japanese GAAP
FYE Mar 2026	1,409	+6.2%	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 ¥832bn

CAGR · 10 yrs +8.1%

Fiscal year	Equity ¥ bn	YoY	Basis
FYE Mar 2017	413	n/a	Cons. · Japanese GAAP
FYE Mar 2018	491	+18.8%	Cons. · Japanese GAAP
FYE Mar 2019	541	+10.2%	Cons. · Japanese GAAP
FYE Mar 2020	568	+4.9%	Cons. · Japanese GAAP
FYE Mar 2021	616	+8.4%	Cons. · Japanese GAAP
FYE Mar 2022	709	+15.2%	Cons. · Japanese GAAP
FYE Mar 2023	739	+4.2%	Cons. · Japanese GAAP
FYE Mar 2024	795	+7.5%	Cons. · Japanese GAAP
FYE Mar 2025	827	+4.1%	Cons. · Japanese GAAP
FYE Mar 2026	832	+0.6%	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 ¥229bn

CAGR · 10 yrs +5.6%

Fiscal year	Interest-bearing debt ¥ bn	YoY	Basis
FYE Mar 2017	140	n/a	Cons. · Japanese GAAP
FYE Mar 2018	108	−22.9%	Cons. · Japanese GAAP
FYE Mar 2019	101	−6.3%	Cons. · Japanese GAAP
FYE Mar 2020	95.9	−5.2%	Cons. · Japanese GAAP
FYE Mar 2021	127	+32.0%	Cons. · Japanese GAAP
FYE Mar 2022	91.9	−27.4%	Cons. · Japanese GAAP
FYE Mar 2023	177	+92.3%	Cons. · Japanese GAAP
FYE Mar 2024	176	−0.2%	Cons. · Japanese GAAP
FYE Mar 2025	179	+1.6%	Cons. · Japanese GAAP
FYE Mar 2026	229	+27.8%	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 ¥145bn

CAGR · 10 yrs +6.5%

Fiscal year	Short-term borrowings ¥ bn	YoY	Basis
FYE Mar 2017	82.4	n/a	Cons. · Japanese GAAP
FYE Mar 2018	69.5	−15.6%	Cons. · Japanese GAAP
FYE Mar 2019	72.1	+3.7%	Cons. · Japanese GAAP
FYE Mar 2020	68.8	−4.6%	Cons. · Japanese GAAP
FYE Mar 2021	99.8	+45.0%	Cons. · Japanese GAAP
FYE Mar 2022	63.7	−36.2%	Cons. · Japanese GAAP
FYE Mar 2023	149	+134.6%	Cons. · Japanese GAAP
FYE Mar 2024	145	−2.7%	Cons. · Japanese GAAP
FYE Mar 2025	133	−8.4%	Cons. · Japanese GAAP
FYE Mar 2026	145	+8.8%	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 ¥84bn

CAGR · 10 yrs +4.3%

Fiscal year	Long-term borrowings ¥ bn	YoY	Basis
FYE Mar 2017	57.5	n/a	Cons. · Japanese GAAP
FYE Mar 2018	38.3	−33.4%	Cons. · Japanese GAAP
FYE Mar 2019	28.9	−24.5%	Cons. · Japanese GAAP
FYE Mar 2020	27.0	−6.6%	Cons. · Japanese GAAP
FYE Mar 2021	26.7	−1.2%	Cons. · Japanese GAAP
FYE Mar 2022	28.2	+5.8%	Cons. · Japanese GAAP
FYE Mar 2023	27.4	−3.0%	Cons. · Japanese GAAP
FYE Mar 2024	31.1	+13.4%	Cons. · Japanese GAAP
FYE Mar 2025	46.1	+48.4%	Cons. · Japanese GAAP
FYE Mar 2026	84.2	+82.7%	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 Mar 2026 ¥15bn

CAGR · 10 yrs +17.0%

Fiscal year	Intangible assets ¥ bn	YoY	Basis
FYE Mar 2017	3.5	n/a	Cons. · Japanese GAAP
FYE Mar 2018	4.4	+23.6%	Cons. · Japanese GAAP
FYE Mar 2019	4.6	+6.4%	Cons. · Japanese GAAP
FYE Mar 2020	4.5	−4.1%	Cons. · Japanese GAAP
FYE Mar 2021	4.7	+4.9%	Cons. · Japanese GAAP
FYE Mar 2022	6.9	+48.6%	Cons. · Japanese GAAP
FYE Mar 2023	10.5	+50.6%	Cons. · Japanese GAAP
FYE Mar 2024	10.5	+0.6%	Cons. · Japanese GAAP
FYE Mar 2025	14.4	+36.6%	Cons. · Japanese GAAP
FYE Mar 2026	14.5	+1.0%	Cons. · Japanese GAAP

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

Equity ratio

FYE Mar 2026 59.0%

Average · 10 yrs 60.9%

Fiscal year	Equity ratio %	YoY	Basis
FYE Mar 2017	53.1	n/a	Cons. · Japanese GAAP
FYE Mar 2018	58.1	+5.0pp	Cons. · Japanese GAAP
FYE Mar 2019	61.6	+3.6pp	Cons. · Japanese GAAP
FYE Mar 2020	64.0	+2.4pp	Cons. · Japanese GAAP
FYE Mar 2021	62.7	−1.4pp	Cons. · Japanese GAAP
FYE Mar 2022	65.2	+2.5pp	Cons. · Japanese GAAP
FYE Mar 2023	61.9	−3.3pp	Cons. · Japanese GAAP
FYE Mar 2024	61.6	−0.3pp	Cons. · Japanese GAAP
FYE Mar 2025	62.3	+0.7pp	Cons. · Japanese GAAP
FYE Mar 2026	59.0	−3.3pp	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 27.5%

Average · 10 yrs 22.0%

Fiscal year	Debt-to-equity ratio %	YoY	Basis
FYE Mar 2017	33.8	n/a	Cons. · Japanese GAAP
FYE Mar 2018	22.0	−11.9pp	Cons. · Japanese GAAP
FYE Mar 2019	18.7	−3.3pp	Cons. · Japanese GAAP
FYE Mar 2020	16.9	−1.8pp	Cons. · Japanese GAAP
FYE Mar 2021	20.5	+3.7pp	Cons. · Japanese GAAP
FYE Mar 2022	13.0	−7.6pp	Cons. · Japanese GAAP
FYE Mar 2023	23.9	+11.0pp	Cons. · Japanese GAAP
FYE Mar 2024	22.2	−1.7pp	Cons. · Japanese GAAP
FYE Mar 2025	21.7	−0.5pp	Cons. · Japanese GAAP
FYE Mar 2026	27.5	+5.9pp	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 5.0%

Average · 10 yrs 11.2%

Fiscal year	ROE %	YoY	Basis
FYE Mar 2017	18.3	n/a	Cons. · Japanese GAAP
FYE Mar 2018	18.1	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2019	14.4	−3.6pp	Cons. · Japanese GAAP
FYE Mar 2020	9.8	−4.7pp	Cons. · Japanese GAAP
FYE Mar 2021	10.3	+0.5pp	Cons. · Japanese GAAP
FYE Mar 2022	15.2	+4.9pp	Cons. · Japanese GAAP
FYE Mar 2023	6.8	−8.4pp	Cons. · Japanese GAAP
FYE Mar 2024	7.2	+0.4pp	Cons. · Japanese GAAP
FYE Mar 2025	7.0	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2026	5.0	−2.0pp	Cons. · Japanese GAAP

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

ROA return on assets

FYE Mar 2026 3.0%

Average · 10 yrs 6.8%

Fiscal year	ROA %	YoY	Basis
FYE Mar 2017	9.7	n/a	Cons. · Japanese GAAP
FYE Mar 2018	10.5	+0.8pp	Cons. · Japanese GAAP
FYE Mar 2019	8.9	−1.6pp	Cons. · Japanese GAAP
FYE Mar 2020	6.3	−2.6pp	Cons. · Japanese GAAP
FYE Mar 2021	6.4	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2022	9.9	+3.5pp	Cons. · Japanese GAAP
FYE Mar 2023	4.2	−5.7pp	Cons. · Japanese GAAP
FYE Mar 2024	4.4	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2025	4.4	−0.1pp	Cons. · Japanese GAAP
FYE Mar 2026	3.0	−1.4pp	Cons. · Japanese GAAP

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

Asset turnover

FYE Mar 2026 0.72×

CAGR · 10 yrs −3.0%

Fiscal year	Asset turnover ×	YoY	Basis
FYE Mar 2017	0.95	n/a	Cons. · Japanese GAAP
FYE Mar 2018	0.97	+2.0%	Cons. · Japanese GAAP
FYE Mar 2019	0.98	+0.8%	Cons. · Japanese GAAP
FYE Mar 2020	0.89	−9.6%	Cons. · Japanese GAAP
FYE Mar 2021	0.75	−15.9%	Cons. · Japanese GAAP
FYE Mar 2022	0.84	+13.3%	Cons. · Japanese GAAP
FYE Mar 2023	0.89	+5.5%	Cons. · Japanese GAAP
FYE Mar 2024	0.78	−12.5%	Cons. · Japanese GAAP
FYE Mar 2025	0.80	+2.8%	Cons. · Japanese GAAP
FYE Mar 2026	0.72	−9.6%	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 Mar 2026 ¥115bn

CAGR · 10 yrs −0.1%

Fiscal year	Operating cash flow ¥ bn	YoY	Basis
FYE Mar 2017	116	n/a	Cons. · Japanese GAAP
FYE Mar 2018	115	−0.2%	Cons. · Japanese GAAP
FYE Mar 2019	77.5	−32.8%	Cons. · Japanese GAAP
FYE Mar 2020	99.9	+28.9%	Cons. · Japanese GAAP
FYE Mar 2021	95.1	−4.8%	Cons. · Japanese GAAP
FYE Mar 2022	109	+14.2%	Cons. · Japanese GAAP
FYE Mar 2023	-16.2	−115.0%	Cons. · Japanese GAAP
FYE Mar 2024	117	n/a	Cons. · Japanese GAAP
FYE Mar 2025	106	−9.2%	Cons. · Japanese GAAP
FYE Mar 2026	115	+7.8%	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 -¥72bn

Average · 10 yrs -¥59bn

Fiscal year	Investing cash flow ¥ bn	YoY	Basis
FYE Mar 2017	-34.7	n/a	Cons. · Japanese GAAP
FYE Mar 2018	-43.1	n/a	Cons. · Japanese GAAP
FYE Mar 2019	-63.3	n/a	Cons. · Japanese GAAP
FYE Mar 2020	-70.3	n/a	Cons. · Japanese GAAP
FYE Mar 2021	-46.4	n/a	Cons. · Japanese GAAP
FYE Mar 2022	-43.5	n/a	Cons. · Japanese GAAP
FYE Mar 2023	-78.7	n/a	Cons. · Japanese GAAP
FYE Mar 2024	-59.9	n/a	Cons. · Japanese GAAP
FYE Mar 2025	-81.6	n/a	Cons. · Japanese GAAP
FYE Mar 2026	-72.1	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 -¥9.7bn

Average · 10 yrs -¥26bn

Fiscal year	Financing cash flow ¥ bn	YoY	Basis
FYE Mar 2017	-68.8	n/a	Cons. · Japanese GAAP
FYE Mar 2018	-51.7	n/a	Cons. · Japanese GAAP
FYE Mar 2019	-27.0	n/a	Cons. · Japanese GAAP
FYE Mar 2020	-24.0	n/a	Cons. · Japanese GAAP
FYE Mar 2021	1.6	n/a	Cons. · Japanese GAAP
FYE Mar 2022	-57.9	−3750.0%	Cons. · Japanese GAAP
FYE Mar 2023	50.2	n/a	Cons. · Japanese GAAP
FYE Mar 2024	-31.2	−162.2%	Cons. · Japanese GAAP
FYE Mar 2025	-37.9	n/a	Cons. · Japanese GAAP
FYE Mar 2026	-9.7	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 ¥177bn

CAGR · 10 yrs +8.4%

Fiscal year	Cash and equivalents ¥ bn	YoY	Basis
FYE Mar 2017	85.5	n/a	Cons. · Japanese GAAP
FYE Mar 2018	106	+24.2%	Cons. · Japanese GAAP
FYE Mar 2019	92.1	−13.3%	Cons. · Japanese GAAP
FYE Mar 2020	97.2	+5.6%	Cons. · Japanese GAAP
FYE Mar 2021	148	+52.6%	Cons. · Japanese GAAP
FYE Mar 2022	161	+8.4%	Cons. · Japanese GAAP
FYE Mar 2023	119	−25.7%	Cons. · Japanese GAAP
FYE Mar 2024	149	+24.7%	Cons. · Japanese GAAP
FYE Mar 2025	139	−6.8%	Cons. · Japanese GAAP
FYE Mar 2026	177	+27.2%	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 ¥42bn

CAGR · 10 yrs −6.9%

Fiscal year	FCF ¥ bn	YoY	Basis
FYE Mar 2017	81.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	72.3	−10.7%	Cons. · Japanese GAAP
FYE Mar 2019	14.2	−80.4%	Cons. · Japanese GAAP
FYE Mar 2020	29.6	+108.4%	Cons. · Japanese GAAP
FYE Mar 2021	48.8	+64.8%	Cons. · Japanese GAAP
FYE Mar 2022	65.1	+33.5%	Cons. · Japanese GAAP
FYE Mar 2023	-95.0	−245.9%	Cons. · Japanese GAAP
FYE Mar 2024	57.0	n/a	Cons. · Japanese GAAP
FYE Mar 2025	24.7	−56.7%	Cons. · Japanese GAAP
FYE Mar 2026	42.4	+72.0%	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 11.2%

Average · 10 yrs 10.7%

Fiscal year	OCF margin %	YoY	Basis
FYE Mar 2017	15.6	n/a	Cons. · Japanese GAAP
FYE Mar 2018	14.0	−1.5pp	Cons. · Japanese GAAP
FYE Mar 2019	9.0	−5.0pp	Cons. · Japanese GAAP
FYE Mar 2020	12.7	+3.7pp	Cons. · Japanese GAAP
FYE Mar 2021	13.0	+0.3pp	Cons. · Japanese GAAP
FYE Mar 2022	11.8	−1.2pp	Cons. · Japanese GAAP
FYE Mar 2023	-1.5	−13.3pp	Cons. · Japanese GAAP
FYE Mar 2024	11.6	+13.2pp	Cons. · Japanese GAAP
FYE Mar 2025	10.0	−1.6pp	Cons. · Japanese GAAP
FYE Mar 2026	11.2	+1.2pp	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 -¥52bn

Average · 10 yrs -¥15bn

Fiscal year	Net cash ¥ bn	YoY	Basis
FYE Mar 2017	-54.4	n/a	Cons. · Japanese GAAP
FYE Mar 2018	-1.7	n/a	Cons. · Japanese GAAP
FYE Mar 2019	-9.0	n/a	Cons. · Japanese GAAP
FYE Mar 2020	1.4	n/a	Cons. · Japanese GAAP
FYE Mar 2021	21.9	+1488.4%	Cons. · Japanese GAAP
FYE Mar 2022	68.9	+215.0%	Cons. · Japanese GAAP
FYE Mar 2023	-57.3	−183.2%	Cons. · Japanese GAAP
FYE Mar 2024	-27.4	n/a	Cons. · Japanese GAAP
FYE Mar 2025	-40.3	n/a	Cons. · Japanese GAAP
FYE Mar 2026	-52.3	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 ¥753bn

Change · 10 yrs +¥117bn

Fiscal year	Market capitalisation ¥ bn	Basis
FYE Mar 2017	637	n/a
FYE Mar 2018	676	n/a
FYE Mar 2019	563	n/a
FYE Mar 2020	400	n/a
FYE Mar 2021	688	n/a
FYE Mar 2022	584	n/a
FYE Mar 2023	586	n/a
FYE Mar 2024	673	n/a
FYE Mar 2025	669	n/a
FYE Mar 2026	753	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 2,317¥

Change · 10 yrs +1,338¥

Fiscal year	Share price ¥	Basis
FYE Mar 2017	979	n/a
FYE Mar 2018	2,079	n/a
FYE Mar 2019	1,732	n/a
FYE Mar 2020	1,231	n/a
FYE Mar 2021	2,117	n/a
FYE Mar 2022	1,798	n/a
FYE Mar 2023	1,803	n/a
FYE Mar 2024	2,071	n/a
FYE Mar 2025	2,058	n/a
FYE Mar 2026	2,317	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 325,080,956shares

Change · 10 yrs −325,080,956 shares

Fiscal year	Shares outstanding shares	Basis
FYE Mar 2017	650,161,912	Parent
FYE Mar 2018	325,080,956	Parent
FYE Mar 2019	325,080,956	Parent
FYE Mar 2020	325,080,956	Parent
FYE Mar 2021	325,080,956	Parent
FYE Mar 2022	325,080,956	Parent
FYE Mar 2023	325,080,956	Parent
FYE Mar 2024	325,080,956	Parent
FYE Mar 2025	325,080,956	Parent
FYE Mar 2026	325,080,956	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 132.40¥

Change · 10 yrs −100.72¥

Fiscal year	EPS ¥	Basis
FYE Mar 2017	233.12	Cons.
FYE Mar 2018	273.49	Cons.
FYE Mar 2019	240.62	Cons.
FYE Mar 2020	171.03	Cons.
FYE Mar 2021	197.89	Cons.
FYE Mar 2022	339.23	Cons.
FYE Mar 2023	158.14	Cons.
FYE Mar 2024	180.07	Cons.
FYE Mar 2025	182.13	Cons.
FYE Mar 2026	132.40	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 2,558.73¥

Change · 10 yrs +1,922.76¥

Fiscal year	BPS ¥	Basis
FYE Mar 2017	635.96	Cons. · Japanese GAAP
FYE Mar 2018	1,510.72	Cons. · Japanese GAAP
FYE Mar 2019	1,664.61	Cons. · Japanese GAAP
FYE Mar 2020	1,746.69	Cons. · Japanese GAAP
FYE Mar 2021	1,894.25	Cons. · Japanese GAAP
FYE Mar 2022	2,181.29	Cons. · Japanese GAAP
FYE Mar 2023	2,272.95	Cons. · Japanese GAAP
FYE Mar 2024	2,444.19	Cons. · Japanese GAAP
FYE Mar 2025	2,544.32	Cons. · Japanese GAAP
FYE Mar 2026	2,558.73	Cons. · Japanese GAAP

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

PER price-to-earnings ratio

FYE Mar 2026 17.50×

Average · 10 yrs 9.81×

Fiscal year	PER ×	Basis
FYE Mar 2017	8.40	Cons.
FYE Mar 2018	7.60	Cons.
FYE Mar 2019	7.20	Cons.
FYE Mar 2020	7.20	Cons.
FYE Mar 2021	10.70	Cons.
FYE Mar 2022	5.30	Cons.
FYE Mar 2023	11.40	Cons.
FYE Mar 2024	11.50	Cons.
FYE Mar 2025	11.30	Cons.
FYE Mar 2026	17.50	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 0.86×

Average · 10 yrs 0.98×

Fiscal year	PBR ×	Basis
FYE Mar 2017	1.54	Cons.
FYE Mar 2018	1.37	Cons.
FYE Mar 2019	1.04	Cons.
FYE Mar 2020	0.70	Cons.
FYE Mar 2021	1.09	Cons.
FYE Mar 2022	0.81	Cons.
FYE Mar 2023	0.78	Cons.
FYE Mar 2024	0.83	Cons.
FYE Mar 2025	0.79	Cons.
FYE Mar 2026	0.86	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 14,850people

Change · 10 yrs +2,558 people

Fiscal year	Group employees people	YoY	Basis
FYE Mar 2017	12,292	n/a	Cons.
FYE Mar 2018	12,595	+2.5%	Cons.
FYE Mar 2019	12,955	+2.9%	Cons.
FYE Mar 2020	13,336	+2.9%	Cons.
FYE Mar 2021	13,631	+2.2%	Cons.
FYE Mar 2022	13,858	+1.7%	Cons.
FYE Mar 2023	14,266	+2.9%	Cons.
FYE Mar 2024	14,394	+0.9%	Cons.
FYE Mar 2025	14,813	+2.9%	Cons.
FYE Mar 2026	14,850	+0.2%	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 4,002people

Change · 10 yrs +665 people

Fiscal year	Parent-company employees people	YoY	Basis
FYE Mar 2017	3,337	n/a	Parent
FYE Mar 2018	3,404	+2.0%	Parent
FYE Mar 2019	3,501	+2.8%	Parent
FYE Mar 2020	3,576	+2.1%	Parent
FYE Mar 2021	3,683	+3.0%	Parent
FYE Mar 2022	3,758	+2.0%	Parent
FYE Mar 2023	3,846	+2.3%	Parent
FYE Mar 2024	3,875	+0.8%	Parent
FYE Mar 2025	3,954	+2.0%	Parent
FYE Mar 2026	4,002	+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 829万円

Change · 10 yrs +71万円

Fiscal year	Average annual pay 万円	YoY	Basis
FYE Mar 2017	758	n/a	Parent
FYE Mar 2018	773	+2.0%	Parent
FYE Mar 2019	794	+2.7%	Parent
FYE Mar 2020	806	+1.6%	Parent
FYE Mar 2021	763	−5.3%	Parent
FYE Mar 2022	786	+3.0%	Parent
FYE Mar 2023	762	−3.1%	Parent
FYE Mar 2024	741	−2.8%	Parent
FYE Mar 2025	796	+7.5%	Parent
FYE Mar 2026	829	+4.1%	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 38.5years

Change · 8 yrs −1.0 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	39.5	n/a	Parent
FYE Mar 2020	39.1	−1.0%	Parent
FYE Mar 2021	38.8	−0.8%	Parent
FYE Mar 2022	38.4	−1.0%	Parent
FYE Mar 2023	38.4	−0.0%	Parent
FYE Mar 2024	38.4	−0.0%	Parent
FYE Mar 2025	38.5	+0.3%	Parent
FYE Mar 2026	38.5	−0.0%	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 13.8years

Change · 10 yrs −1.0 years

Fiscal year	Average length of service years	YoY	Basis
FYE Mar 2017	14.8	n/a	Parent
FYE Mar 2018	14.7	−0.7%	Parent
FYE Mar 2019	14.6	−0.7%	Parent
FYE Mar 2020	14.6	−0.0%	Parent
FYE Mar 2021	14.4	−1.4%	Parent
FYE Mar 2022	14.0	−2.8%	Parent
FYE Mar 2023	13.5	−3.6%	Parent
FYE Mar 2024	13.5	−0.0%	Parent
FYE Mar 2025	13.5	−0.0%	Parent
FYE Mar 2026	13.8	+2.2%	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)

Revenue per employee

FYE Mar 2026 ¥68.7m

Change · 10 yrs +¥8.2m

Fiscal year	Revenue per employee ¥ m	YoY	Basis
FYE Mar 2017	60.4	n/a	Cons.
FYE Mar 2018	65.3	+8.1%	Cons.
FYE Mar 2019	66.5	+1.8%	Cons.
FYE Mar 2020	58.9	−11.4%	Cons.
FYE Mar 2021	53.8	−8.8%	Cons.
FYE Mar 2022	66.3	+23.3%	Cons.
FYE Mar 2023	74.6	+12.6%	Cons.
FYE Mar 2024	69.9	−6.4%	Cons.
FYE Mar 2025	71.8	+2.8%	Cons.
FYE Mar 2026	68.7	−4.3%	Cons.

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

Operating profit per employee

FYE Mar 2026 ¥6.4m

Change · 10 yrs −¥2.6m

Fiscal year	OP per employee ¥ m	YoY	Basis
FYE Mar 2017	9.0	n/a	Cons.
FYE Mar 2018	10.4	+14.6%	Cons.
FYE Mar 2019	8.2	−21.3%	Cons.
FYE Mar 2020	6.1	−25.0%	Cons.
FYE Mar 2021	6.4	+5.2%	Cons.
FYE Mar 2022	10.4	+61.3%	Cons.
FYE Mar 2023	5.2	−49.7%	Cons.
FYE Mar 2024	5.5	+6.1%	Cons.
FYE Mar 2025	6.7	+20.4%	Cons.
FYE Mar 2026	6.4	−3.7%	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

Tosoh’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/4042/company.json ·/api/4042/history.json ·/api/4042/ceo.json ·/api/4042/financials.json ·/api/4042/financials/segment.json ·/api/4042/financials/pl.json ·/api/4042/financials/cf.json ·/api/4042/financials/bs.json ·/api/4042/financials/employee.json ·/api/4042/financials/stock.json ·/api/4042/financials.csv ·/api/4042/financials_history.csv

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