Financials

Furukawa Electric: FYE Mar 2026 and ten years of results (50 metrics)

FYE Mar 2026 · Revenue¥1.31tnYoY +8.8%

FYE Mar 2026 · Operating profit¥64bnYoY +35.6%

FYE Mar 2026 · Net profit¥73bnYoY +117.3%

FYE Mar 2026 · Equity ratio39.1%YoY +4.5pp

FYE Mar 2026 · Group employees49,112YoY −2,055

Fiscal year	Revenue	YoY	Operating profit	YoY	Margin	Net profit	Chief executive	That year
FYE Mar 2017Consolidated	¥843bn	n/a	¥39bn	n/a	4.6%	¥18bn	Shibata Mitsuyoshi	—
FYE Mar 2018Consolidated	¥967bn	+14.7%	¥45bn	+16.0%	4.6%	¥29bn	Shibata Mitsuyoshi	—
FYE Mar 2019Consolidated	¥992bn	+2.5%	¥41bn	−8.8%	4.1%	¥29bn	Kobayashi Keiichi	—
FYE Mar 2020Consolidated	¥914bn	−7.8%	¥24bn	−42.3%	2.6%	¥18bn	Kobayashi Keiichi	—
FYE Mar 2021Consolidated	¥812bn	−11.2%	¥8.4bn	−64.2%	1.0%	¥10bn	Kobayashi Keiichi	Copper tube sold; magnet wire moved into Essex Furukawa
FYE Mar 2022Consolidated	¥930bn	+14.6%	¥11bn	+35.6%	1.2%	¥10bn	Kobayashi Keiichi	—
FYE Mar 2023Consolidated	¥1.07tn	+14.6%	¥15bn	+35.1%	1.4%	¥16bn	Kobayashi Keiichi	TOTOKU sold to Carlyle
FYE Mar 2024Consolidated	¥1.06tn	−0.9%	¥11bn	−27.7%	1.1%	¥6.5bn	Kobayashi Keiichi	Morihira Hideya becomes president
FYE Mar 2025Consolidated	¥1.20tn	+13.7%	¥47bn	+321.6%	3.9%	¥33bn	Moridaira Hideya	—
FYE Mar 2026Consolidated	¥1.31tn	+8.8%	¥64bn	+35.6%	4.9%	¥73bn	Moridaira Hideya	Optical fibre reorganized as Lightera

How it compares

Furukawa Electric¥1.31tnFY2025Operating margin 4.9%

Fujikura¥1.18tnFY2025Operating margin 16.0%SWCC¥278bnFY2025Operating margin 9.8%

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 ¥1.31tn

CAGR · 10 yrs +5.0%

Fiscal year	Revenue ¥ bn	YoY	Basis
FYE Mar 2017	843	n/a	Cons. · Japanese GAAP
FYE Mar 2018	967	+14.7%	Cons. · Japanese GAAP
FYE Mar 2019	992	+2.5%	Cons. · Japanese GAAP
FYE Mar 2020	914	−7.8%	Cons. · Japanese GAAP
FYE Mar 2021	812	−11.2%	Cons. · Japanese GAAP
FYE Mar 2022	930	+14.6%	Cons. · Japanese GAAP
FYE Mar 2023	1,066	+14.6%	Cons. · Japanese GAAP
FYE Mar 2024	1,057	−0.9%	Cons. · Japanese GAAP
FYE Mar 2025	1,202	+13.7%	Cons. · Japanese GAAP
FYE Mar 2026	1,308	+8.8%	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 ¥1.08tn

CAGR · 10 yrs +5.1%

Fiscal year	Cost of sales ¥ bn	YoY	Basis
FYE Mar 2017	689	n/a	Cons. · Japanese GAAP
FYE Mar 2018	801	+16.3%	Cons. · Japanese GAAP
FYE Mar 2019	824	+2.9%	Cons. · Japanese GAAP
FYE Mar 2020	764	−7.3%	Cons. · Japanese GAAP
FYE Mar 2021	682	−10.7%	Cons. · Japanese GAAP
FYE Mar 2022	792	+16.1%	Cons. · Japanese GAAP
FYE Mar 2023	910	+14.9%	Cons. · Japanese GAAP
FYE Mar 2024	898	−1.3%	Cons. · Japanese GAAP
FYE Mar 2025	1,000	+11.4%	Cons. · Japanese GAAP
FYE Mar 2026	1,078	+7.8%	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 ¥230bn

CAGR · 10 yrs +4.5%

Fiscal year	Gross profit ¥ bn	YoY	Basis
FYE Mar 2017	154	n/a	Cons. · Japanese GAAP
FYE Mar 2018	166	+7.6%	Cons. · Japanese GAAP
FYE Mar 2019	167	+0.7%	Cons. · Japanese GAAP
FYE Mar 2020	150	−10.1%	Cons. · Japanese GAAP
FYE Mar 2021	129	−13.9%	Cons. · Japanese GAAP
FYE Mar 2022	139	+7.3%	Cons. · Japanese GAAP
FYE Mar 2023	157	+13.0%	Cons. · Japanese GAAP
FYE Mar 2024	159	+1.5%	Cons. · Japanese GAAP
FYE Mar 2025	202	+26.9%	Cons. · Japanese GAAP
FYE Mar 2026	230	+13.9%	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 ¥166bn

CAGR · 10 yrs +4.1%

Fiscal year	SG&A ¥ bn	YoY	Basis
FYE Mar 2017	116	n/a	Cons. · Japanese GAAP
FYE Mar 2018	121	+4.8%	Cons. · Japanese GAAP
FYE Mar 2019	126	+4.3%	Cons. · Japanese GAAP
FYE Mar 2020	127	+0.3%	Cons. · Japanese GAAP
FYE Mar 2021	121	−4.6%	Cons. · Japanese GAAP
FYE Mar 2022	127	+5.3%	Cons. · Japanese GAAP
FYE Mar 2023	141	+11.0%	Cons. · Japanese GAAP
FYE Mar 2024	148	+4.6%	Cons. · Japanese GAAP
FYE Mar 2025	155	+4.6%	Cons. · Japanese GAAP
FYE Mar 2026	166	+7.3%	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 ¥64bn

CAGR · 10 yrs +5.7%

Fiscal year	Operating profit ¥ bn	YoY	Basis
FYE Mar 2017	38.6	n/a	Cons. · Japanese GAAP
FYE Mar 2018	44.8	+16.0%	Cons. · Japanese GAAP
FYE Mar 2019	40.8	−8.8%	Cons. · Japanese GAAP
FYE Mar 2020	23.6	−42.3%	Cons. · Japanese GAAP
FYE Mar 2021	8.4	−64.2%	Cons. · Japanese GAAP
FYE Mar 2022	11.4	+35.6%	Cons. · Japanese GAAP
FYE Mar 2023	15.4	+35.1%	Cons. · Japanese GAAP
FYE Mar 2024	11.2	−27.7%	Cons. · Japanese GAAP
FYE Mar 2025	47.1	+321.6%	Cons. · Japanese GAAP
FYE Mar 2026	63.9	+35.6%	Cons. · Japanese GAAP

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

Non-operating income

FYE Mar 2026 ¥24bn

CAGR · 10 yrs +18.9%

Fiscal year	Non-operating income ¥ bn	YoY	Basis
FYE Mar 2017	5.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	10.5	+111.1%	Cons. · Japanese GAAP
FYE Mar 2019	6.9	−34.4%	Cons. · Japanese GAAP
FYE Mar 2020	7.4	+8.6%	Cons. · Japanese GAAP
FYE Mar 2021	4.7	−36.6%	Cons. · Japanese GAAP
FYE Mar 2022	14.5	+207.2%	Cons. · Japanese GAAP
FYE Mar 2023	11.1	−23.7%	Cons. · Japanese GAAP
FYE Mar 2024	11.9	+7.9%	Cons. · Japanese GAAP
FYE Mar 2025	16.3	+36.7%	Cons. · Japanese GAAP
FYE Mar 2026	23.6	+44.5%	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 ¥12bn

CAGR · 10 yrs +4.9%

Fiscal year	Non-operating expenses ¥ bn	YoY	Basis
FYE Mar 2017	7.6	n/a	Cons. · Japanese GAAP
FYE Mar 2018	8.4	+10.6%	Cons. · Japanese GAAP
FYE Mar 2019	8.6	+3.2%	Cons. · Japanese GAAP
FYE Mar 2020	8.2	−4.4%	Cons. · Japanese GAAP
FYE Mar 2021	8.0	−3.4%	Cons. · Japanese GAAP
FYE Mar 2022	6.3	−21.2%	Cons. · Japanese GAAP
FYE Mar 2023	9.2	+47.4%	Cons. · Japanese GAAP
FYE Mar 2024	12.8	+38.9%	Cons. · Japanese GAAP
FYE Mar 2025	14.8	+15.6%	Cons. · Japanese GAAP
FYE Mar 2026	11.6	−22.0%	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 ¥76bn

CAGR · 10 yrs +8.6%

Fiscal year	Ordinary profit ¥ bn	YoY	Basis
FYE Mar 2017	36.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	46.9	+30.2%	Cons. · Japanese GAAP
FYE Mar 2019	39.1	−16.7%	Cons. · Japanese GAAP
FYE Mar 2020	22.8	−41.7%	Cons. · Japanese GAAP
FYE Mar 2021	5.2	−77.2%	Cons. · Japanese GAAP
FYE Mar 2022	19.7	+279.0%	Cons. · Japanese GAAP
FYE Mar 2023	17.3	−12.2%	Cons. · Japanese GAAP
FYE Mar 2024	10.3	−40.5%	Cons. · Japanese GAAP
FYE Mar 2025	48.6	+373.1%	Cons. · Japanese GAAP
FYE Mar 2026	75.9	+56.2%	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 Mar 2026 ¥40bn

CAGR · 10 yrs +13.9%

Fiscal year	Extraordinary income ¥ bn	YoY	Basis
FYE Mar 2017	12.4	n/a	Cons. · Japanese GAAP
FYE Mar 2018	9.8	−21.4%	Cons. · Japanese GAAP
FYE Mar 2019	9.9	+1.1%	Cons. · Japanese GAAP
FYE Mar 2020	14.9	+51.0%	Cons. · Japanese GAAP
FYE Mar 2021	33.4	+123.9%	Cons. · Japanese GAAP
FYE Mar 2022	9.6	−71.3%	Cons. · Japanese GAAP
FYE Mar 2023	17.6	+84.2%	Cons. · Japanese GAAP
FYE Mar 2024	14.9	−15.5%	Cons. · Japanese GAAP
FYE Mar 2025	19.8	+33.0%	Cons. · Japanese GAAP
FYE Mar 2026	40.2	+102.6%	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 ¥73bn

CAGR · 10 yrs +17.1%

Fiscal year	Net profit ¥ bn	YoY	Basis
FYE Mar 2017	17.6	n/a	Cons. · Japanese GAAP
FYE Mar 2018	28.5	+62.5%	Cons. · Japanese GAAP
FYE Mar 2019	29.1	+2.0%	Cons. · Japanese GAAP
FYE Mar 2020	17.6	−39.4%	Cons. · Japanese GAAP
FYE Mar 2021	10.0	−43.3%	Cons. · Japanese GAAP
FYE Mar 2022	10.1	+0.9%	Cons. · Japanese GAAP
FYE Mar 2023	15.9	+57.5%	Cons. · Japanese GAAP
FYE Mar 2024	6.5	−59.1%	Cons. · Japanese GAAP
FYE Mar 2025	33.4	+412.7%	Cons. · Japanese GAAP
FYE Mar 2026	72.5	+117.3%	Cons. · Japanese GAAP

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

Gross margin

FYE Mar 2026 17.6%

Average · 10 yrs 16.4%

Fiscal year	Gross margin %	YoY	Basis
FYE Mar 2017	18.3	n/a	Cons. · Japanese GAAP
FYE Mar 2018	17.2	−1.1pp	Cons. · Japanese GAAP
FYE Mar 2019	16.9	−0.3pp	Cons. · Japanese GAAP
FYE Mar 2020	16.4	−0.4pp	Cons. · Japanese GAAP
FYE Mar 2021	15.9	−0.5pp	Cons. · Japanese GAAP
FYE Mar 2022	14.9	−1.0pp	Cons. · Japanese GAAP
FYE Mar 2023	14.7	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2024	15.0	+0.4pp	Cons. · Japanese GAAP
FYE Mar 2025	16.8	+1.7pp	Cons. · Japanese GAAP
FYE Mar 2026	17.6	+0.8pp	Cons. · Japanese GAAP

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

Operating margin

FYE Mar 2026 4.9%

Average · 10 yrs 2.9%

Fiscal year	Operating margin %	YoY	Basis
FYE Mar 2017	4.6	n/a	Cons. · Japanese GAAP
FYE Mar 2018	4.6	+0.1pp	Cons. · Japanese GAAP
FYE Mar 2019	4.1	−0.5pp	Cons. · Japanese GAAP
FYE Mar 2020	2.6	−1.5pp	Cons. · Japanese GAAP
FYE Mar 2021	1.0	−1.5pp	Cons. · Japanese GAAP
FYE Mar 2022	1.2	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2023	1.4	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2024	1.1	−0.4pp	Cons. · Japanese GAAP
FYE Mar 2025	3.9	+2.9pp	Cons. · Japanese GAAP
FYE Mar 2026	4.9	+1.0pp	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 5.8%

Average · 10 yrs 3.1%

Fiscal year	Ordinary margin %	YoY	Basis
FYE Mar 2017	4.3	n/a	Cons. · Japanese GAAP
FYE Mar 2018	4.8	+0.6pp	Cons. · Japanese GAAP
FYE Mar 2019	3.9	−0.9pp	Cons. · Japanese GAAP
FYE Mar 2020	2.5	−1.5pp	Cons. · Japanese GAAP
FYE Mar 2021	0.6	−1.9pp	Cons. · Japanese GAAP
FYE Mar 2022	2.1	+1.5pp	Cons. · Japanese GAAP
FYE Mar 2023	1.6	−0.5pp	Cons. · Japanese GAAP
FYE Mar 2024	1.0	−0.6pp	Cons. · Japanese GAAP
FYE Mar 2025	4.0	+3.1pp	Cons. · Japanese GAAP
FYE Mar 2026	5.8	+1.8pp	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 5.5%

Average · 10 yrs 2.3%

Fiscal year	Net margin %	YoY	Basis
FYE Mar 2017	2.1	n/a	Cons. · Japanese GAAP
FYE Mar 2018	3.0	+0.9pp	Cons. · Japanese GAAP
FYE Mar 2019	2.9	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2020	1.9	−1.0pp	Cons. · Japanese GAAP
FYE Mar 2021	1.2	−0.7pp	Cons. · Japanese GAAP
FYE Mar 2022	1.1	−0.1pp	Cons. · Japanese GAAP
FYE Mar 2023	1.5	+0.4pp	Cons. · Japanese GAAP
FYE Mar 2024	0.6	−0.9pp	Cons. · Japanese GAAP
FYE Mar 2025	2.8	+2.2pp	Cons. · Japanese GAAP
FYE Mar 2026	5.5	+2.8pp	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 82.4%

Average · 10 yrs 83.6%

Fiscal year	Cost-of-sales ratio %	YoY	Basis
FYE Mar 2017	81.7	n/a	Cons. · Japanese GAAP
FYE Mar 2018	82.8	+1.1pp	Cons. · Japanese GAAP
FYE Mar 2019	83.1	+0.3pp	Cons. · Japanese GAAP
FYE Mar 2020	83.6	+0.4pp	Cons. · Japanese GAAP
FYE Mar 2021	84.1	+0.5pp	Cons. · Japanese GAAP
FYE Mar 2022	85.1	+1.0pp	Cons. · Japanese GAAP
FYE Mar 2023	85.3	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2024	85.0	−0.4pp	Cons. · Japanese GAAP
FYE Mar 2025	83.2	−1.7pp	Cons. · Japanese GAAP
FYE Mar 2026	82.4	−0.8pp	Cons. · Japanese GAAP

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

SG&A ratio

FYE Mar 2026 12.7%

Average · 10 yrs 13.4%

Fiscal year	SG&A ratio %	YoY	Basis
FYE Mar 2017	13.7	n/a	Cons. · Japanese GAAP
FYE Mar 2018	12.5	−1.2pp	Cons. · Japanese GAAP
FYE Mar 2019	12.7	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2020	13.9	+1.1pp	Cons. · Japanese GAAP
FYE Mar 2021	14.9	+1.0pp	Cons. · Japanese GAAP
FYE Mar 2022	13.7	−1.2pp	Cons. · Japanese GAAP
FYE Mar 2023	13.2	−0.4pp	Cons. · Japanese GAAP
FYE Mar 2024	14.0	+0.7pp	Cons. · Japanese GAAP
FYE Mar 2025	12.9	−1.1pp	Cons. · Japanese GAAP
FYE Mar 2026	12.7	−0.2pp	Cons. · Japanese GAAP

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

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

What the balance sheet is made of

¥ bn

Equity Liabilities and non-controlling interests

Financial strength

Equity ratio Debt-to-equity

Total assets

FYE Mar 2026 ¥1.07tn

CAGR · 10 yrs +4.0%

Fiscal year	Total assets ¥ bn	YoY	Basis
FYE Mar 2017	750	n/a	Cons. · Japanese GAAP
FYE Mar 2018	809	+7.8%	Cons. · Japanese GAAP
FYE Mar 2019	818	+1.2%	Cons. · Japanese GAAP
FYE Mar 2020	795	−2.9%	Cons. · Japanese GAAP
FYE Mar 2021	832	+4.7%	Cons. · Japanese GAAP
FYE Mar 2022	936	+12.5%	Cons. · Japanese GAAP
FYE Mar 2023	933	−0.3%	Cons. · Japanese GAAP
FYE Mar 2024	985	+5.5%	Cons. · Japanese GAAP
FYE Mar 2025	987	+0.2%	Cons. · Japanese GAAP
FYE Mar 2026	1,066	+8.0%	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 Mar 2026 ¥417bn

CAGR · 10 yrs +8.1%

Fiscal year	Equity ¥ bn	YoY	Basis
FYE Mar 2017	207	n/a	Cons. · Japanese GAAP
FYE Mar 2018	237	+14.4%	Cons. · Japanese GAAP
FYE Mar 2019	248	+4.7%	Cons. · Japanese GAAP
FYE Mar 2020	240	−3.0%	Cons. · Japanese GAAP
FYE Mar 2021	260	+8.2%	Cons. · Japanese GAAP
FYE Mar 2022	279	+7.4%	Cons. · Japanese GAAP
FYE Mar 2023	302	+8.0%	Cons. · Japanese GAAP
FYE Mar 2024	328	+8.8%	Cons. · Japanese GAAP
FYE Mar 2025	341	+4.0%	Cons. · Japanese GAAP
FYE Mar 2026	417	+22.1%	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 ¥262bn

CAGR · 10 yrs +1.8%

Fiscal year	Interest-bearing debt ¥ bn	YoY	Basis
FYE Mar 2017	223	n/a	Cons. · Japanese GAAP
FYE Mar 2018	229	+2.7%	Cons. · Japanese GAAP
FYE Mar 2019	226	−1.1%	Cons. · Japanese GAAP
FYE Mar 2020	206	−8.8%	Cons. · Japanese GAAP
FYE Mar 2021	231	+11.9%	Cons. · Japanese GAAP
FYE Mar 2022	248	+7.6%	Cons. · Japanese GAAP
FYE Mar 2023	256	+3.1%	Cons. · Japanese GAAP
FYE Mar 2024	258	+0.7%	Cons. · Japanese GAAP
FYE Mar 2025	265	+2.8%	Cons. · Japanese GAAP
FYE Mar 2026	262	−1.1%	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 ¥149bn

CAGR · 10 yrs +5.8%

Fiscal year	Short-term borrowings ¥ bn	YoY	Basis
FYE Mar 2017	90.3	n/a	Cons. · Japanese GAAP
FYE Mar 2018	106	+17.7%	Cons. · Japanese GAAP
FYE Mar 2019	107	+0.4%	Cons. · Japanese GAAP
FYE Mar 2020	126	+17.6%	Cons. · Japanese GAAP
FYE Mar 2021	104	−17.5%	Cons. · Japanese GAAP
FYE Mar 2022	115	+11.1%	Cons. · Japanese GAAP
FYE Mar 2023	141	+22.9%	Cons. · Japanese GAAP
FYE Mar 2024	173	+22.4%	Cons. · Japanese GAAP
FYE Mar 2025	1.5	−99.1%	Cons. · Japanese GAAP
FYE Mar 2026	149	+9860.3%	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 ¥112bn

CAGR · 10 yrs −1.8%

Fiscal year	Long-term borrowings ¥ bn	YoY	Basis
FYE Mar 2017	132	n/a	Cons. · Japanese GAAP
FYE Mar 2018	122	−7.6%	Cons. · Japanese GAAP
FYE Mar 2019	119	−2.4%	Cons. · Japanese GAAP
FYE Mar 2020	95.6	−19.9%	Cons. · Japanese GAAP
FYE Mar 2021	127	+33.0%	Cons. · Japanese GAAP
FYE Mar 2022	133	+4.7%	Cons. · Japanese GAAP
FYE Mar 2023	115	−14.0%	Cons. · Japanese GAAP
FYE Mar 2024	120	+4.9%	Cons. · Japanese GAAP
FYE Mar 2025	111	−7.3%	Cons. · Japanese GAAP
FYE Mar 2026	112	+0.8%	Cons. · Japanese GAAP

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

Bonds

FYE Mar 2026 n/a

CAGR · 9 yrs +3.7%

Fiscal year	Bonds ¥ bn	YoY	Basis
FYE Mar 2017	30.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	30.0	−0.0%	Cons. · Japanese GAAP
FYE Mar 2019	20.0	−33.3%	Cons. · Japanese GAAP
FYE Mar 2020	30.0	+50.0%	Cons. · Japanese GAAP
FYE Mar 2021	30.0	−0.0%	Cons. · Japanese GAAP
FYE Mar 2022	40.0	+33.3%	Cons. · Japanese GAAP
FYE Mar 2023	40.0	−0.0%	Cons. · Japanese GAAP
FYE Mar 2024	40.0	−0.0%	Cons. · Japanese GAAP
FYE Mar 2025	40.0	−0.0%	Cons. · Japanese GAAP
FYE Mar 2026	n/a	n/a	Cons. · Japanese GAAP

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

Intangible assets

FYE Mar 2026 ¥25bn

CAGR · 10 yrs +11.2%

Fiscal year	Intangible assets ¥ bn	YoY	Basis
FYE Mar 2017	9.7	n/a	Cons. · Japanese GAAP
FYE Mar 2018	11.3	+16.0%	Cons. · Japanese GAAP
FYE Mar 2019	12.2	+8.0%	Cons. · Japanese GAAP
FYE Mar 2020	16.1	+31.9%	Cons. · Japanese GAAP
FYE Mar 2021	20.3	+25.8%	Cons. · Japanese GAAP
FYE Mar 2022	20.5	+1.3%	Cons. · Japanese GAAP
FYE Mar 2023	20.2	−1.4%	Cons. · Japanese GAAP
FYE Mar 2024	20.3	+0.2%	Cons. · Japanese GAAP
FYE Mar 2025	22.9	+12.8%	Cons. · Japanese GAAP
FYE Mar 2026	25.4	+11.1%	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 ¥2.5bn

CAGR · 10 yrs −2.7%

Fiscal year	Goodwill ¥ bn	YoY	Basis
FYE Mar 2017	3.1	n/a	Cons. · Japanese GAAP
FYE Mar 2018	2.5	−19.3%	Cons. · Japanese GAAP
FYE Mar 2019	2.8	+8.2%	Cons. · Japanese GAAP
FYE Mar 2020	2.1	−24.7%	Cons. · Japanese GAAP
FYE Mar 2021	1.5	−30.0%	Cons. · Japanese GAAP
FYE Mar 2022	0.6	−60.5%	Cons. · Japanese GAAP
FYE Mar 2023	0.2	−63.2%	Cons. · Japanese GAAP
FYE Mar 2024	0.1	−76.3%	Cons. · Japanese GAAP
FYE Mar 2025	1.5	+2854.0%	Cons. · Japanese GAAP
FYE Mar 2026	2.5	+66.0%	Cons. · Japanese GAAP

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

Equity ratio

FYE Mar 2026 39.1%

Average · 10 yrs 31.8%

Fiscal year	Equity ratio %	YoY	Basis
FYE Mar 2017	27.6	n/a	Cons. · Japanese GAAP
FYE Mar 2018	29.2	+1.7pp	Cons. · Japanese GAAP
FYE Mar 2019	30.3	+1.0pp	Cons. · Japanese GAAP
FYE Mar 2020	30.2	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2021	31.3	+1.0pp	Cons. · Japanese GAAP
FYE Mar 2022	29.9	−1.4pp	Cons. · Japanese GAAP
FYE Mar 2023	32.3	+2.5pp	Cons. · Japanese GAAP
FYE Mar 2024	33.3	+1.0pp	Cons. · Japanese GAAP
FYE Mar 2025	34.6	+1.3pp	Cons. · Japanese GAAP
FYE Mar 2026	39.1	+4.5pp	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 62.7%

Average · 10 yrs 86.2%

Fiscal year	Debt-to-equity ratio %	YoY	Basis
FYE Mar 2017	107.7	n/a	Cons. · Japanese GAAP
FYE Mar 2018	96.6	−11.0pp	Cons. · Japanese GAAP
FYE Mar 2019	91.3	−5.4pp	Cons. · Japanese GAAP
FYE Mar 2020	85.8	−5.5pp	Cons. · Japanese GAAP
FYE Mar 2021	88.7	+2.9pp	Cons. · Japanese GAAP
FYE Mar 2022	88.8	+0.1pp	Cons. · Japanese GAAP
FYE Mar 2023	84.8	−4.0pp	Cons. · Japanese GAAP
FYE Mar 2024	78.4	−6.3pp	Cons. · Japanese GAAP
FYE Mar 2025	77.5	−0.9pp	Cons. · Japanese GAAP
FYE Mar 2026	62.7	−14.8pp	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 17.4%

Average · 10 yrs 8.2%

Fiscal year	ROE %	YoY	Basis
FYE Mar 2017	8.5	n/a	Cons. · Japanese GAAP
FYE Mar 2018	12.1	+3.6pp	Cons. · Japanese GAAP
FYE Mar 2019	11.8	−0.3pp	Cons. · Japanese GAAP
FYE Mar 2020	7.3	−4.4pp	Cons. · Japanese GAAP
FYE Mar 2021	3.8	−3.5pp	Cons. · Japanese GAAP
FYE Mar 2022	3.6	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2023	5.3	+1.7pp	Cons. · Japanese GAAP
FYE Mar 2024	2.0	−3.3pp	Cons. · Japanese GAAP
FYE Mar 2025	9.8	+7.8pp	Cons. · Japanese GAAP
FYE Mar 2026	17.4	+7.6pp	Cons. · Japanese GAAP

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

ROA return on assets

FYE Mar 2026 6.8%

Average · 10 yrs 2.6%

Fiscal year	ROA %	YoY	Basis
FYE Mar 2017	2.3	n/a	Cons. · Japanese GAAP
FYE Mar 2018	3.5	+1.2pp	Cons. · Japanese GAAP
FYE Mar 2019	3.6	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2020	2.2	−1.3pp	Cons. · Japanese GAAP
FYE Mar 2021	1.2	−1.0pp	Cons. · Japanese GAAP
FYE Mar 2022	1.1	−0.1pp	Cons. · Japanese GAAP
FYE Mar 2023	1.7	+0.6pp	Cons. · Japanese GAAP
FYE Mar 2024	0.7	−1.0pp	Cons. · Japanese GAAP
FYE Mar 2025	3.4	+2.7pp	Cons. · Japanese GAAP
FYE Mar 2026	6.8	+3.4pp	Cons. · Japanese GAAP

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

Asset turnover

FYE Mar 2026 1.23×

CAGR · 10 yrs +1.0%

Fiscal year	Asset turnover ×	YoY	Basis
FYE Mar 2017	1.12	n/a	Cons. · Japanese GAAP
FYE Mar 2018	1.20	+6.4%	Cons. · Japanese GAAP
FYE Mar 2019	1.21	+1.3%	Cons. · Japanese GAAP
FYE Mar 2020	1.15	−5.1%	Cons. · Japanese GAAP
FYE Mar 2021	0.98	−15.2%	Cons. · Japanese GAAP
FYE Mar 2022	0.99	+1.9%	Cons. · Japanese GAAP
FYE Mar 2023	1.14	+14.9%	Cons. · Japanese GAAP
FYE Mar 2024	1.07	−6.1%	Cons. · Japanese GAAP
FYE Mar 2025	1.22	+13.5%	Cons. · Japanese GAAP
FYE Mar 2026	1.23	+0.7%	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 ¥28bn

CAGR · 10 yrs −3.9%

Fiscal year	Operating cash flow ¥ bn	YoY	Basis
FYE Mar 2017	40.4	n/a	Cons. · Japanese GAAP
FYE Mar 2018	38.4	−4.9%	Cons. · Japanese GAAP
FYE Mar 2019	46.5	+20.9%	Cons. · Japanese GAAP
FYE Mar 2020	41.9	−9.7%	Cons. · Japanese GAAP
FYE Mar 2021	-0.5	−101.1%	Cons. · Japanese GAAP
FYE Mar 2022	-13.3	n/a	Cons. · Japanese GAAP
FYE Mar 2023	36.5	n/a	Cons. · Japanese GAAP
FYE Mar 2024	31.9	−12.7%	Cons. · Japanese GAAP
FYE Mar 2025	59.8	+87.6%	Cons. · Japanese GAAP
FYE Mar 2026	28.1	−53.0%	Cons. · Japanese GAAP

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

Investing cash flow

FYE Mar 2026 -¥47bn

Average · 10 yrs -¥28bn

Fiscal year	Investing cash flow ¥ bn	YoY	Basis
FYE Mar 2017	-36.4	n/a	Cons. · Japanese GAAP
FYE Mar 2018	-34.3	n/a	Cons. · Japanese GAAP
FYE Mar 2019	-31.0	n/a	Cons. · Japanese GAAP
FYE Mar 2020	-33.1	n/a	Cons. · Japanese GAAP
FYE Mar 2021	-1.9	n/a	Cons. · Japanese GAAP
FYE Mar 2022	-40.1	n/a	Cons. · Japanese GAAP
FYE Mar 2023	-21.7	n/a	Cons. · Japanese GAAP
FYE Mar 2024	-24.8	n/a	Cons. · Japanese GAAP
FYE Mar 2025	-7.2	n/a	Cons. · Japanese GAAP
FYE Mar 2026	-47.1	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 ¥20bn

Average · 10 yrs -¥3.0bn

Fiscal year	Financing cash flow ¥ bn	YoY	Basis
FYE Mar 2017	-10.4	n/a	Cons. · Japanese GAAP
FYE Mar 2018	-1.9	n/a	Cons. · Japanese GAAP
FYE Mar 2019	-19.4	n/a	Cons. · Japanese GAAP
FYE Mar 2020	-0.2	n/a	Cons. · Japanese GAAP
FYE Mar 2021	35.1	n/a	Cons. · Japanese GAAP
FYE Mar 2022	35.0	−0.3%	Cons. · Japanese GAAP
FYE Mar 2023	-34.5	−198.4%	Cons. · Japanese GAAP
FYE Mar 2024	-9.3	n/a	Cons. · Japanese GAAP
FYE Mar 2025	-44.2	n/a	Cons. · Japanese GAAP
FYE Mar 2026	19.9	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 ¥70bn

CAGR · 10 yrs +4.8%

Fiscal year	Cash and equivalents ¥ bn	YoY	Basis
FYE Mar 2017	46.1	n/a	Cons. · Japanese GAAP
FYE Mar 2018	49.8	+7.8%	Cons. · Japanese GAAP
FYE Mar 2019	46.8	−5.9%	Cons. · Japanese GAAP
FYE Mar 2020	55.1	+17.5%	Cons. · Japanese GAAP
FYE Mar 2021	87.2	+58.4%	Cons. · Japanese GAAP
FYE Mar 2022	67.6	−22.4%	Cons. · Japanese GAAP
FYE Mar 2023	52.0	−23.2%	Cons. · Japanese GAAP
FYE Mar 2024	53.1	+2.2%	Cons. · Japanese GAAP
FYE Mar 2025	66.1	+24.5%	Cons. · Japanese GAAP
FYE Mar 2026	70.5	+6.6%	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 -¥19bn

Average · 10 yrs ¥3.2bn

Fiscal year	FCF ¥ bn	YoY	Basis
FYE Mar 2017	4.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	4.1	+1.7%	Cons. · Japanese GAAP
FYE Mar 2019	15.4	+275.1%	Cons. · Japanese GAAP
FYE Mar 2020	8.8	−42.8%	Cons. · Japanese GAAP
FYE Mar 2021	-2.4	−127.1%	Cons. · Japanese GAAP
FYE Mar 2022	-53.3	n/a	Cons. · Japanese GAAP
FYE Mar 2023	14.8	n/a	Cons. · Japanese GAAP
FYE Mar 2024	7.1	−52.1%	Cons. · Japanese GAAP
FYE Mar 2025	52.6	+640.6%	Cons. · Japanese GAAP
FYE Mar 2026	-19.0	−136.2%	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 2.2%

Average · 10 yrs 3.0%

Fiscal year	OCF margin %	YoY	Basis
FYE Mar 2017	4.8	n/a	Cons. · Japanese GAAP
FYE Mar 2018	4.0	−0.8pp	Cons. · Japanese GAAP
FYE Mar 2019	4.7	+0.7pp	Cons. · Japanese GAAP
FYE Mar 2020	4.6	−0.1pp	Cons. · Japanese GAAP
FYE Mar 2021	-0.1	−4.6pp	Cons. · Japanese GAAP
FYE Mar 2022	-1.4	−1.4pp	Cons. · Japanese GAAP
FYE Mar 2023	3.4	+4.9pp	Cons. · Japanese GAAP
FYE Mar 2024	3.0	−0.4pp	Cons. · Japanese GAAP
FYE Mar 2025	5.0	+2.0pp	Cons. · Japanese GAAP
FYE Mar 2026	2.2	−2.8pp	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 -¥191bn

Average · 10 yrs -¥181bn

Fiscal year	Net cash ¥ bn	YoY	Basis
FYE Mar 2017	-176	n/a	Cons. · Japanese GAAP
FYE Mar 2018	-179	n/a	Cons. · Japanese GAAP
FYE Mar 2019	-179	n/a	Cons. · Japanese GAAP
FYE Mar 2020	-151	n/a	Cons. · Japanese GAAP
FYE Mar 2021	-143	n/a	Cons. · Japanese GAAP
FYE Mar 2022	-180	n/a	Cons. · Japanese GAAP
FYE Mar 2023	-204	n/a	Cons. · Japanese GAAP
FYE Mar 2024	-204	n/a	Cons. · Japanese GAAP
FYE Mar 2025	-199	n/a	Cons. · Japanese GAAP
FYE Mar 2026	-191	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 ¥2.03tn

Change · 10 yrs +¥1.75tn

Fiscal year	Market capitalisation ¥ bn	Basis
FYE Mar 2017	283	n/a
FYE Mar 2018	404	n/a
FYE Mar 2019	197	n/a
FYE Mar 2020	139	n/a
FYE Mar 2021	210	n/a
FYE Mar 2022	154	n/a
FYE Mar 2023	174	n/a
FYE Mar 2024	229	n/a
FYE Mar 2025	349	n/a
FYE Mar 2026	2,034	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 28,783¥

Change · 10 yrs +24,784¥

Fiscal year	Share price ¥	Basis
FYE Mar 2017	3,999	n/a
FYE Mar 2018	5,711	n/a
FYE Mar 2019	2,792	n/a
FYE Mar 2020	1,964	n/a
FYE Mar 2021	2,970	n/a
FYE Mar 2022	2,175	n/a
FYE Mar 2023	2,461	n/a
FYE Mar 2024	3,237	n/a
FYE Mar 2025	4,932	n/a
FYE Mar 2026	28,783	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 70,666,917shares

Change · 10 yrs −0 shares

Fiscal year	Shares outstanding shares	Basis
FYE Mar 2017	70,666,917	Parent
FYE Mar 2018	70,666,917	Parent
FYE Mar 2019	70,666,917	Parent
FYE Mar 2020	70,666,917	Parent
FYE Mar 2021	70,666,917	Parent
FYE Mar 2022	70,666,917	Parent
FYE Mar 2023	70,666,917	Parent
FYE Mar 2024	70,666,917	Parent
FYE Mar 2025	70,666,917	Parent
FYE Mar 2026	70,666,917	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 1,030.17¥

Change · 10 yrs +781.00¥

Fiscal year	EPS ¥	Basis
FYE Mar 2017	249.17	Cons.
FYE Mar 2018	405.05	Cons.
FYE Mar 2019	412.98	Cons.
FYE Mar 2020	250.25	Cons.
FYE Mar 2021	141.88	Cons.
FYE Mar 2022	143.40	Cons.
FYE Mar 2023	225.80	Cons.
FYE Mar 2024	92.40	Cons.
FYE Mar 2025	473.36	Cons.
FYE Mar 2026	1,030.17	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 5,901.62¥

Change · 10 yrs +2,976.44¥

Fiscal year	BPS ¥	Basis
FYE Mar 2017	2,925.17	Cons. · Japanese GAAP
FYE Mar 2018	3,346.96	Cons. · Japanese GAAP
FYE Mar 2019	3,504.60	Cons. · Japanese GAAP
FYE Mar 2020	3,400.18	Cons. · Japanese GAAP
FYE Mar 2021	3,680.32	Cons. · Japanese GAAP
FYE Mar 2022	3,954.13	Cons. · Japanese GAAP
FYE Mar 2023	4,271.59	Cons. · Japanese GAAP
FYE Mar 2024	4,646.15	Cons. · Japanese GAAP
FYE Mar 2025	4,831.68	Cons. · Japanese GAAP
FYE Mar 2026	5,901.62	Cons. · Japanese GAAP

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

PER price-to-earnings ratio

FYE Mar 2026 27.94×

Average · 10 yrs 16.52×

Fiscal year	PER ×	Basis
FYE Mar 2017	16.05	Cons.
FYE Mar 2018	14.10	Cons.
FYE Mar 2019	6.76	Cons.
FYE Mar 2020	7.85	Cons.
FYE Mar 2021	20.93	Cons.
FYE Mar 2022	15.17	Cons.
FYE Mar 2023	10.90	Cons.
FYE Mar 2024	35.03	Cons.
FYE Mar 2025	10.42	Cons.
FYE Mar 2026	27.94	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 4.86×

Average · 10 yrs 1.29×

Fiscal year	PBR ×	Basis
FYE Mar 2017	1.36	Cons.
FYE Mar 2018	1.70	Cons.
FYE Mar 2019	0.79	Cons.
FYE Mar 2020	0.58	Cons.
FYE Mar 2021	0.80	Cons.
FYE Mar 2022	0.55	Cons.
FYE Mar 2023	0.57	Cons.
FYE Mar 2024	0.69	Cons.
FYE Mar 2025	1.02	Cons.
FYE Mar 2026	4.86	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 49,112people

Change · 10 yrs −3,142 people

Fiscal year	Group employees people	YoY	Basis
FYE Mar 2017	52,254	n/a	Cons.
FYE Mar 2018	51,925	−0.6%	Cons.
FYE Mar 2019	52,215	+0.6%	Cons.
FYE Mar 2020	50,232	−3.8%	Cons.
FYE Mar 2021	48,449	−3.5%	Cons.
FYE Mar 2022	50,867	+5.0%	Cons.
FYE Mar 2023	51,314	+0.9%	Cons.
FYE Mar 2024	52,757	+2.8%	Cons.
FYE Mar 2025	51,167	−3.0%	Cons.
FYE Mar 2026	49,112	−4.0%	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 4,009people

Change · 10 yrs +352 people

Fiscal year	Parent-company employees people	YoY	Basis
FYE Mar 2017	3,657	n/a	Parent
FYE Mar 2018	3,704	+1.3%	Parent
FYE Mar 2019	3,816	+3.0%	Parent
FYE Mar 2020	3,925	+2.9%	Parent
FYE Mar 2021	4,084	+4.1%	Parent
FYE Mar 2022	4,201	+2.9%	Parent
FYE Mar 2023	4,267	+1.6%	Parent
FYE Mar 2024	4,335	+1.6%	Parent
FYE Mar 2025	4,433	+2.3%	Parent
FYE Mar 2026	4,009	−9.6%	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 749万円

Change · 10 yrs +20万円

Fiscal year	Average annual pay 万円	YoY	Basis
FYE Mar 2017	729	n/a	Parent
FYE Mar 2018	739	+1.3%	Parent
FYE Mar 2019	735	−0.6%	Parent
FYE Mar 2020	721	−1.9%	Parent
FYE Mar 2021	692	−4.1%	Parent
FYE Mar 2022	696	+0.7%	Parent
FYE Mar 2023	685	−1.7%	Parent
FYE Mar 2024	678	−0.9%	Parent
FYE Mar 2025	698	+3.0%	Parent
FYE Mar 2026	749	+7.3%	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 43.4years

Change · 8 yrs −0.8 years

Fiscal year	Average age years	YoY	Basis
FYE Mar 2017	n/a	n/a	Parent
FYE Mar 2018	n/a	n/a	Parent
FYE Mar 2019	44.2	n/a	Parent
FYE Mar 2020	44.1	−0.2%	Parent
FYE Mar 2021	43.6	−1.1%	Parent
FYE Mar 2022	43.8	+0.5%	Parent
FYE Mar 2023	43.7	−0.2%	Parent
FYE Mar 2024	43.8	+0.2%	Parent
FYE Mar 2025	43.5	−0.7%	Parent
FYE Mar 2026	43.4	−0.2%	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 18.4years

Change · 10 yrs −1.7 years

Fiscal year	Average length of service years	YoY	Basis
FYE Mar 2017	20.1	n/a	Parent
FYE Mar 2018	20.0	−0.5%	Parent
FYE Mar 2019	19.6	−2.0%	Parent
FYE Mar 2020	19.4	−1.0%	Parent
FYE Mar 2021	18.8	−3.1%	Parent
FYE Mar 2022	18.4	−2.1%	Parent
FYE Mar 2023	19.9	+8.2%	Parent
FYE Mar 2024	19.7	−1.0%	Parent
FYE Mar 2025	19.1	−3.0%	Parent
FYE Mar 2026	18.4	−3.7%	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)

Revenue per employee

FYE Mar 2026 ¥26.6m

Change · 10 yrs +¥10.5m

Fiscal year	Revenue per employee ¥ m	YoY	Basis
FYE Mar 2017	16.1	n/a	Cons.
FYE Mar 2018	18.6	+15.4%	Cons.
FYE Mar 2019	19.0	+1.9%	Cons.
FYE Mar 2020	18.2	−4.1%	Cons.
FYE Mar 2021	16.8	−8.0%	Cons.
FYE Mar 2022	18.3	+9.2%	Cons.
FYE Mar 2023	20.8	+13.6%	Cons.
FYE Mar 2024	20.0	−3.6%	Cons.
FYE Mar 2025	23.5	+17.3%	Cons.
FYE Mar 2026	26.6	+13.4%	Cons.

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

Operating profit per employee

FYE Mar 2026 ¥1.3m

Change · 10 yrs +¥0.6m

Fiscal year	OP per employee ¥ m	YoY	Basis
FYE Mar 2017	0.7	n/a	Cons.
FYE Mar 2018	0.9	+16.7%	Cons.
FYE Mar 2019	0.8	−9.3%	Cons.
FYE Mar 2020	0.5	−40.0%	Cons.
FYE Mar 2021	0.2	−62.9%	Cons.
FYE Mar 2022	0.2	+29.1%	Cons.
FYE Mar 2023	0.3	+33.9%	Cons.
FYE Mar 2024	0.2	−29.6%	Cons.
FYE Mar 2025	0.9	+334.7%	Cons.
FYE Mar 2026	1.3	+41.3%	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

Furukawa Electric’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/5801/company.json ·/api/5801/history.json ·/api/5801/ceo.json ·/api/5801/financials.json ·/api/5801/financials/segment.json ·/api/5801/financials/pl.json ·/api/5801/financials/cf.json ·/api/5801/financials/bs.json ·/api/5801/financials/employee.json ·/api/5801/financials/stock.json ·/api/5801/financials.csv ·/api/5801/financials_history.csv

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