Financials

Japan Elevator Service Holdings: FYE Mar 2026 and ten years of results (51 metrics)

FYE Mar 2026 · Revenue¥58bnYoY +16.7%

FYE Mar 2026 · Operating profit¥11bnYoY +27.7%

FYE Mar 2026 · Net profit¥7.3bnYoY +32.4%

FYE Mar 2026 · Equity ratio61.3%YoY +4.9pp

FYE Mar 2026 · Group employees2,286YoY +258

Fiscal year	Revenue	YoY	Operating profit	YoY	Margin	Net profit	Chief executive	That year
FYE Mar 2017Consolidated	¥14bn	n/a	¥0.6bn	n/a	4.5%	¥0.3bn	Ishida Katsushi	India subsidiary and Jindal joint venture
FYE Mar 2018Consolidated	¥15bn	+13.2%	¥1.4bn	+121.2%	8.8%	¥0.8bn	Ishida Katsushi	Mothers listing; JES Innovation Center and test tower
FYE Mar 2019Consolidated	¥18bn	+16.8%	¥2.0bn	+50.5%	11.4%	¥1.3bn	Ishida Katsushi	Moves to the TSE First Section
FYE Mar 2020Consolidated	¥21bn	+19.2%	¥2.7bn	+33.6%	12.7%	¥1.7bn	Ishida Katsushi	—
FYE Mar 2021Consolidated	¥25bn	+14.9%	¥3.6bn	+32.9%	14.7%	¥2.4bn	Ueda Kohei	First acquisitions — Seiko Elevator and five more in one year
FYE Mar 2022Consolidated	¥30bn	+21.3%	¥4.1bn	+13.9%	13.8%	¥2.7bn	Ueda Kohei	Shikoku servicers acquired; parking-maintenance joint venture
FYE Mar 2023Consolidated	¥35bn	+17.3%	¥5.0bn	+21.8%	14.4%	¥3.2bn	Ueda Kohei	Prime Market listing; COFRETH acquired in Malaysia
FYE Mar 2024Consolidated	¥42bn	+20.9%	¥6.8bn	+36.1%	16.2%	¥4.5bn	Ishida Katsushi	VISION2027 — 150,000 units and <span class="en-history_money" data-yen="60000000000" data-year="2026">$379.4M (¥60bn)</span> by March 2027
FYE Mar 2025Consolidated	¥49bn	+17.0%	¥8.6bn	+26.4%	17.5%	¥5.5bn	Ishida Katsushi	Okinawa entry; JES Innovation Center Kansai opens
FYE Mar 2026Consolidated	¥58bn	+16.7%	¥11bn	+27.7%	19.1%	¥7.3bn	Ishida Katsushi	Payout ratio held above 40%; dividend raised again

How it compares

Secom¥1.26tnFY2025Operating margin 12.8%

ALSOK CO.,LTD.¥597bnFY2025Operating margin 7.9%

DUSKIN CO., LTD.¥195bnFY2025Operating margin 4.5%

Japan Elevator Service Holdings¥58bnFY2025Operating margin 19.1%

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 ¥58bn

CAGR · 10 yrs +17.5%

Fiscal year	Revenue ¥ bn	YoY	Basis
FYE Mar 2017	13.5	n/a	Cons. · Japanese GAAP
FYE Mar 2018	15.3	+13.2%	Cons. · Japanese GAAP
FYE Mar 2019	17.9	+16.8%	Cons. · Japanese GAAP
FYE Mar 2020	21.3	+19.2%	Cons. · Japanese GAAP
FYE Mar 2021	24.5	+14.9%	Cons. · Japanese GAAP
FYE Mar 2022	29.8	+21.3%	Cons. · Japanese GAAP
FYE Mar 2023	34.9	+17.3%	Cons. · Japanese GAAP
FYE Mar 2024	42.2	+20.9%	Cons. · Japanese GAAP
FYE Mar 2025	49.4	+17.0%	Cons. · Japanese GAAP
FYE Mar 2026	57.6	+16.7%	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 ¥35bn

CAGR · 10 yrs +16.2%

Fiscal year	Cost of sales ¥ bn	YoY	Basis
FYE Mar 2017	9.2	n/a	Cons. · Japanese GAAP
FYE Mar 2018	10.0	+9.3%	Cons. · Japanese GAAP
FYE Mar 2019	11.4	+14.1%	Cons. · Japanese GAAP
FYE Mar 2020	13.5	+18.4%	Cons. · Japanese GAAP
FYE Mar 2021	15.1	+11.6%	Cons. · Japanese GAAP
FYE Mar 2022	18.3	+21.0%	Cons. · Japanese GAAP
FYE Mar 2023	21.6	+18.5%	Cons. · Japanese GAAP
FYE Mar 2024	26.3	+21.4%	Cons. · Japanese GAAP
FYE Mar 2025	30.6	+16.6%	Cons. · Japanese GAAP
FYE Mar 2026	35.3	+15.3%	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 ¥22bn

CAGR · 10 yrs +19.8%

Fiscal year	Gross profit ¥ bn	YoY	Basis
FYE Mar 2017	4.4	n/a	Cons. · Japanese GAAP
FYE Mar 2018	5.3	+21.3%	Cons. · Japanese GAAP
FYE Mar 2019	6.5	+21.9%	Cons. · Japanese GAAP
FYE Mar 2020	7.8	+20.6%	Cons. · Japanese GAAP
FYE Mar 2021	9.4	+20.7%	Cons. · Japanese GAAP
FYE Mar 2022	11.5	+21.9%	Cons. · Japanese GAAP
FYE Mar 2023	13.3	+15.4%	Cons. · Japanese GAAP
FYE Mar 2024	16.0	+20.2%	Cons. · Japanese GAAP
FYE Mar 2025	18.8	+17.6%	Cons. · Japanese GAAP
FYE Mar 2026	22.3	+18.8%	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 ¥11bn

CAGR · 10 yrs +13.0%

Fiscal year	SG&A ¥ bn	YoY	Basis
FYE Mar 2017	3.8	n/a	Cons. · Japanese GAAP
FYE Mar 2018	4.0	+5.1%	Cons. · Japanese GAAP
FYE Mar 2019	4.4	+12.2%	Cons. · Japanese GAAP
FYE Mar 2020	5.1	+14.7%	Cons. · Japanese GAAP
FYE Mar 2021	5.8	+14.1%	Cons. · Japanese GAAP
FYE Mar 2022	7.4	+26.9%	Cons. · Japanese GAAP
FYE Mar 2023	8.3	+11.9%	Cons. · Japanese GAAP
FYE Mar 2024	9.1	+10.5%	Cons. · Japanese GAAP
FYE Mar 2025	10.1	+11.0%	Cons. · Japanese GAAP
FYE Mar 2026	11.3	+11.3%	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 ¥11bn

CAGR · 10 yrs +37.9%

Fiscal year	Operating profit ¥ bn	YoY	Basis
FYE Mar 2017	0.6	n/a	Cons. · Japanese GAAP
FYE Mar 2018	1.4	+121.2%	Cons. · Japanese GAAP
FYE Mar 2019	2.0	+50.5%	Cons. · Japanese GAAP
FYE Mar 2020	2.7	+33.6%	Cons. · Japanese GAAP
FYE Mar 2021	3.6	+32.9%	Cons. · Japanese GAAP
FYE Mar 2022	4.1	+13.9%	Cons. · Japanese GAAP
FYE Mar 2023	5.0	+21.8%	Cons. · Japanese GAAP
FYE Mar 2024	6.8	+36.1%	Cons. · Japanese GAAP
FYE Mar 2025	8.6	+26.4%	Cons. · Japanese GAAP
FYE Mar 2026	11.0	+27.7%	Cons. · Japanese GAAP

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

Non-operating income

FYE Mar 2026 ¥97.0m

CAGR · 10 yrs +19.2%

Fiscal year	Non-operating income ¥ m	YoY	Basis
FYE Mar 2017	20.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	30.4	+52.0%	Cons. · Japanese GAAP
FYE Mar 2019	22.1	−27.4%	Cons. · Japanese GAAP
FYE Mar 2020	29.6	+34.0%	Cons. · Japanese GAAP
FYE Mar 2021	137	+362.3%	Cons. · Japanese GAAP
FYE Mar 2022	163	+18.9%	Cons. · Japanese GAAP
FYE Mar 2023	169	+4.1%	Cons. · Japanese GAAP
FYE Mar 2024	97.0	−42.7%	Cons. · Japanese GAAP
FYE Mar 2025	115	+18.6%	Cons. · Japanese GAAP
FYE Mar 2026	97.0	−15.7%	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 ¥101m

CAGR · 10 yrs −0.3%

Fiscal year	Non-operating expenses ¥ m	YoY	Basis
FYE Mar 2017	104	n/a	Cons. · Japanese GAAP
FYE Mar 2018	43.3	−58.4%	Cons. · Japanese GAAP
FYE Mar 2019	55.3	+27.8%	Cons. · Japanese GAAP
FYE Mar 2020	43.8	−20.8%	Cons. · Japanese GAAP
FYE Mar 2021	33.5	−23.6%	Cons. · Japanese GAAP
FYE Mar 2022	49.7	+48.5%	Cons. · Japanese GAAP
FYE Mar 2023	79.2	+59.3%	Cons. · Japanese GAAP
FYE Mar 2024	67.0	−15.4%	Cons. · Japanese GAAP
FYE Mar 2025	118	+76.1%	Cons. · Japanese GAAP
FYE Mar 2026	101	−14.4%	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 ¥11bn

CAGR · 10 yrs +40.2%

Fiscal year	Ordinary profit ¥ bn	YoY	Basis
FYE Mar 2017	0.5	n/a	Cons. · Japanese GAAP
FYE Mar 2018	1.3	+154.0%	Cons. · Japanese GAAP
FYE Mar 2019	2.0	+49.4%	Cons. · Japanese GAAP
FYE Mar 2020	2.7	+35.1%	Cons. · Japanese GAAP
FYE Mar 2021	3.7	+37.4%	Cons. · Japanese GAAP
FYE Mar 2022	4.2	+13.7%	Cons. · Japanese GAAP
FYE Mar 2023	5.1	+20.7%	Cons. · Japanese GAAP
FYE Mar 2024	6.9	+34.3%	Cons. · Japanese GAAP
FYE Mar 2025	8.6	+25.8%	Cons. · Japanese GAAP
FYE Mar 2026	11.0	+27.7%	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 ¥49.0m

CAGR · 10 yrs +58.4%

Fiscal year	Extraordinary income ¥ m	YoY	Basis
FYE Mar 2017	0.8	n/a	Cons. · Japanese GAAP
FYE Mar 2018	1.1	+42.3%	Cons. · Japanese GAAP
FYE Mar 2019	8.5	+662.2%	Cons. · Japanese GAAP
FYE Mar 2020	0.5	−94.4%	Cons. · Japanese GAAP
FYE Mar 2021	15.7	+3240.4%	Cons. · Japanese GAAP
FYE Mar 2022	8.6	−45.0%	Cons. · Japanese GAAP
FYE Mar 2023	16.8	+94.6%	Cons. · Japanese GAAP
FYE Mar 2024	6.0	−64.3%	Cons. · Japanese GAAP
FYE Mar 2025	5.0	−16.7%	Cons. · Japanese GAAP
FYE Mar 2026	49.0	+880.0%	Cons. · Japanese GAAP

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

Extraordinary loss

FYE Mar 2026 n/a

CAGR · 6 yrs +12.7%

Fiscal year	Extraordinary loss ¥ m	YoY	Basis
FYE Mar 2017	7.7	n/a	Cons. · Japanese GAAP
FYE Mar 2018	43.4	+462.4%	Cons. · Japanese GAAP
FYE Mar 2019	1.5	−96.5%	Cons. · Japanese GAAP
FYE Mar 2020	n/a	n/a	Cons. · Japanese GAAP
FYE Mar 2021	5.5	n/a	Cons. · Japanese GAAP
FYE Mar 2022	3.6	−34.1%	Cons. · Japanese GAAP
FYE Mar 2023	n/a	n/a	Cons. · Japanese GAAP
FYE Mar 2024	14.0	n/a	Cons. · Japanese GAAP
FYE Mar 2025	n/a	n/a	Cons. · Japanese GAAP
FYE Mar 2026	n/a	n/a	Cons. · Japanese GAAP

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

Net profit profit attributable to owners of the parent

FYE Mar 2026 ¥7.3bn

CAGR · 10 yrs +44.2%

Fiscal year	Net profit ¥ bn	YoY	Basis
FYE Mar 2017	0.3	n/a	Cons. · Japanese GAAP
FYE Mar 2018	0.8	+211.8%	Cons. · Japanese GAAP
FYE Mar 2019	1.3	+49.2%	Cons. · Japanese GAAP
FYE Mar 2020	1.7	+34.4%	Cons. · Japanese GAAP
FYE Mar 2021	2.4	+38.9%	Cons. · Japanese GAAP
FYE Mar 2022	2.7	+15.4%	Cons. · Japanese GAAP
FYE Mar 2023	3.2	+15.7%	Cons. · Japanese GAAP
FYE Mar 2024	4.5	+43.2%	Cons. · Japanese GAAP
FYE Mar 2025	5.5	+22.5%	Cons. · Japanese GAAP
FYE Mar 2026	7.3	+32.4%	Cons. · Japanese GAAP

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

Gross margin

FYE Mar 2026 38.7%

Average · 10 yrs 36.9%

Fiscal year	Gross margin %	YoY	Basis
FYE Mar 2017	32.3	n/a	Cons. · Japanese GAAP
FYE Mar 2018	34.7	+2.3pp	Cons. · Japanese GAAP
FYE Mar 2019	36.2	+1.5pp	Cons. · Japanese GAAP
FYE Mar 2020	36.6	+0.4pp	Cons. · Japanese GAAP
FYE Mar 2021	38.5	+1.8pp	Cons. · Japanese GAAP
FYE Mar 2022	38.6	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2023	38.0	−0.6pp	Cons. · Japanese GAAP
FYE Mar 2024	37.8	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2025	38.0	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2026	38.7	+0.7pp	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 19.1%

Average · 10 yrs 13.3%

Fiscal year	Operating margin %	YoY	Basis
FYE Mar 2017	4.5	n/a	Cons. · Japanese GAAP
FYE Mar 2018	8.8	+4.3pp	Cons. · Japanese GAAP
FYE Mar 2019	11.4	+2.5pp	Cons. · Japanese GAAP
FYE Mar 2020	12.7	+1.4pp	Cons. · Japanese GAAP
FYE Mar 2021	14.7	+2.0pp	Cons. · Japanese GAAP
FYE Mar 2022	13.8	−0.9pp	Cons. · Japanese GAAP
FYE Mar 2023	14.4	+0.5pp	Cons. · Japanese GAAP
FYE Mar 2024	16.2	+1.8pp	Cons. · Japanese GAAP
FYE Mar 2025	17.5	+1.3pp	Cons. · Japanese GAAP
FYE Mar 2026	19.1	+1.6pp	Cons. · Japanese GAAP

Definition: The share of revenue the core business keeps
Formula: Operating profit ÷ revenue
Source: Securities report (XBRL)

Ordinary margin

FYE Mar 2026 19.1%

Average · 10 yrs 13.3%

Fiscal year	Ordinary margin %	YoY	Basis
FYE Mar 2017	3.9	n/a	Cons. · Japanese GAAP
FYE Mar 2018	8.7	+4.8pp	Cons. · Japanese GAAP
FYE Mar 2019	11.2	+2.4pp	Cons. · Japanese GAAP
FYE Mar 2020	12.7	+1.5pp	Cons. · Japanese GAAP
FYE Mar 2021	15.2	+2.5pp	Cons. · Japanese GAAP
FYE Mar 2022	14.2	−0.9pp	Cons. · Japanese GAAP
FYE Mar 2023	14.6	+0.4pp	Cons. · Japanese GAAP
FYE Mar 2024	16.2	+1.6pp	Cons. · Japanese GAAP
FYE Mar 2025	17.5	+1.2pp	Cons. · Japanese GAAP
FYE Mar 2026	19.1	+1.6pp	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 Mar 2026 12.7%

Average · 10 yrs 8.5%

Fiscal year	Net margin %	YoY	Basis
FYE Mar 2017	2.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	5.5	+3.5pp	Cons. · Japanese GAAP
FYE Mar 2019	7.1	+1.5pp	Cons. · Japanese GAAP
FYE Mar 2020	8.0	+0.9pp	Cons. · Japanese GAAP
FYE Mar 2021	9.6	+1.7pp	Cons. · Japanese GAAP
FYE Mar 2022	9.2	−0.5pp	Cons. · Japanese GAAP
FYE Mar 2023	9.0	−0.1pp	Cons. · Japanese GAAP
FYE Mar 2024	10.7	+1.7pp	Cons. · Japanese GAAP
FYE Mar 2025	11.2	+0.5pp	Cons. · Japanese GAAP
FYE Mar 2026	12.7	+1.5pp	Cons. · Japanese GAAP

Definition: The share of revenue left after everything
Formula: Net profit ÷ revenue
Source: Securities report (XBRL)

Cost-of-sales ratio

FYE Mar 2026 61.3%

Average · 10 yrs 63.1%

Fiscal year	Cost-of-sales ratio %	YoY	Basis
FYE Mar 2017	67.7	n/a	Cons. · Japanese GAAP
FYE Mar 2018	65.3	−2.3pp	Cons. · Japanese GAAP
FYE Mar 2019	63.8	−1.5pp	Cons. · Japanese GAAP
FYE Mar 2020	63.4	−0.4pp	Cons. · Japanese GAAP
FYE Mar 2021	61.5	−1.8pp	Cons. · Japanese GAAP
FYE Mar 2022	61.4	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2023	62.0	+0.6pp	Cons. · Japanese GAAP
FYE Mar 2024	62.2	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2025	62.0	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2026	61.3	−0.7pp	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 19.6%

Average · 10 yrs 23.6%

Fiscal year	SG&A ratio %	YoY	Basis
FYE Mar 2017	27.8	n/a	Cons. · Japanese GAAP
FYE Mar 2018	25.9	−2.0pp	Cons. · Japanese GAAP
FYE Mar 2019	24.8	−1.0pp	Cons. · Japanese GAAP
FYE Mar 2020	23.9	−0.9pp	Cons. · Japanese GAAP
FYE Mar 2021	23.7	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2022	24.8	+1.1pp	Cons. · Japanese GAAP
FYE Mar 2023	23.7	−1.2pp	Cons. · Japanese GAAP
FYE Mar 2024	21.6	−2.0pp	Cons. · Japanese GAAP
FYE Mar 2025	20.5	−1.1pp	Cons. · Japanese GAAP
FYE Mar 2026	19.6	−0.9pp	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 ¥40bn

CAGR · 10 yrs +19.9%

Fiscal year	Total assets ¥ bn	YoY	Basis
FYE Mar 2017	7.8	n/a	Cons. · Japanese GAAP
FYE Mar 2018	10.6	+35.4%	Cons. · Japanese GAAP
FYE Mar 2019	11.5	+8.1%	Cons. · Japanese GAAP
FYE Mar 2020	14.3	+24.5%	Cons. · Japanese GAAP
FYE Mar 2021	20.5	+43.2%	Cons. · Japanese GAAP
FYE Mar 2022	25.3	+23.8%	Cons. · Japanese GAAP
FYE Mar 2023	29.0	+14.5%	Cons. · Japanese GAAP
FYE Mar 2024	32.5	+12.2%	Cons. · Japanese GAAP
FYE Mar 2025	35.4	+8.8%	Cons. · Japanese GAAP
FYE Mar 2026	40.1	+13.3%	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 ¥25bn

CAGR · 10 yrs +31.7%

Fiscal year	Equity ¥ bn	YoY	Basis
FYE Mar 2017	2.1	n/a	Cons. · Japanese GAAP
FYE Mar 2018	2.8	+37.9%	Cons. · Japanese GAAP
FYE Mar 2019	3.9	+38.3%	Cons. · Japanese GAAP
FYE Mar 2020	5.2	+31.4%	Cons. · Japanese GAAP
FYE Mar 2021	10.3	+99.1%	Cons. · Japanese GAAP
FYE Mar 2022	11.7	+13.5%	Cons. · Japanese GAAP
FYE Mar 2023	13.5	+15.9%	Cons. · Japanese GAAP
FYE Mar 2024	16.5	+22.4%	Cons. · Japanese GAAP
FYE Mar 2025	20.0	+20.7%	Cons. · Japanese GAAP
FYE Mar 2026	24.6	+23.2%	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 ¥2.1bn

CAGR · 10 yrs −1.4%

Fiscal year	Interest-bearing debt ¥ bn	YoY	Basis
FYE Mar 2017	2.4	n/a	Cons. · Japanese GAAP
FYE Mar 2018	3.8	+60.4%	Cons. · Japanese GAAP
FYE Mar 2019	3.3	−12.8%	Cons. · Japanese GAAP
FYE Mar 2020	4.2	+24.7%	Cons. · Japanese GAAP
FYE Mar 2021	3.5	−16.9%	Cons. · Japanese GAAP
FYE Mar 2022	5.5	+58.8%	Cons. · Japanese GAAP
FYE Mar 2023	6.3	+14.7%	Cons. · Japanese GAAP
FYE Mar 2024	4.4	−29.5%	Cons. · Japanese GAAP
FYE Mar 2025	3.2	−27.1%	Cons. · Japanese GAAP
FYE Mar 2026	2.1	−34.8%	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 ¥2.0bn

CAGR · 10 yrs −0.3%

Fiscal year	Short-term borrowings ¥ bn	YoY	Basis
FYE Mar 2017	2.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	3.0	+50.0%	Cons. · Japanese GAAP
FYE Mar 2019	2.6	−13.8%	Cons. · Japanese GAAP
FYE Mar 2020	2.3	−9.7%	Cons. · Japanese GAAP
FYE Mar 2021	2.0	−13.1%	Cons. · Japanese GAAP
FYE Mar 2022	2.2	+7.9%	Cons. · Japanese GAAP
FYE Mar 2023	4.5	+105.9%	Cons. · Japanese GAAP
FYE Mar 2024	3.5	−21.9%	Cons. · Japanese GAAP
FYE Mar 2025	2.2	−37.2%	Cons. · Japanese GAAP
FYE Mar 2026	2.0	−11.6%	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 ¥0.1bn

CAGR · 10 yrs −10.0%

Fiscal year	Long-term borrowings ¥ bn	YoY	Basis
FYE Mar 2017	0.4	n/a	Cons. · Japanese GAAP
FYE Mar 2018	0.8	+116.0%	Cons. · Japanese GAAP
FYE Mar 2019	0.7	−8.8%	Cons. · Japanese GAAP
FYE Mar 2020	1.8	+146.3%	Cons. · Japanese GAAP
FYE Mar 2021	1.4	−21.8%	Cons. · Japanese GAAP
FYE Mar 2022	3.3	+131.9%	Cons. · Japanese GAAP
FYE Mar 2023	1.8	−46.3%	Cons. · Japanese GAAP
FYE Mar 2024	0.9	−48.8%	Cons. · Japanese GAAP
FYE Mar 2025	1.0	+12.3%	Cons. · Japanese GAAP
FYE Mar 2026	0.1	−85.7%	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 ¥4.2bn

CAGR · 10 yrs +45.9%

Fiscal year	Intangible assets ¥ bn	YoY	Basis
FYE Mar 2017	0.1	n/a	Cons. · Japanese GAAP
FYE Mar 2018	0.3	+140.0%	Cons. · Japanese GAAP
FYE Mar 2019	0.6	+69.1%	Cons. · Japanese GAAP
FYE Mar 2020	1.0	+81.8%	Cons. · Japanese GAAP
FYE Mar 2021	2.6	+149.9%	Cons. · Japanese GAAP
FYE Mar 2022	4.3	+65.0%	Cons. · Japanese GAAP
FYE Mar 2023	4.5	+4.4%	Cons. · Japanese GAAP
FYE Mar 2024	4.4	−1.6%	Cons. · Japanese GAAP
FYE Mar 2025	4.2	−4.3%	Cons. · Japanese GAAP
FYE Mar 2026	4.2	+0.2%	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 ¥1.6bn

CAGR · 8 yrs +141.0%

Fiscal year	Goodwill ¥ bn	YoY	Basis
FYE Mar 2017	n/a	n/a	Cons. · Japanese GAAP
FYE Mar 2018	n/a	n/a	Cons. · Japanese GAAP
FYE Mar 2019	0.0	n/a	Cons. · Japanese GAAP
FYE Mar 2020	0.3	+7635.9%	Cons. · Japanese GAAP
FYE Mar 2021	1.7	+526.3%	Cons. · Japanese GAAP
FYE Mar 2022	2.5	+53.3%	Cons. · Japanese GAAP
FYE Mar 2023	2.4	−7.7%	Cons. · Japanese GAAP
FYE Mar 2024	2.1	−11.0%	Cons. · Japanese GAAP
FYE Mar 2025	1.8	−12.3%	Cons. · Japanese GAAP
FYE Mar 2026	1.6	−11.8%	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 61.3%

Average · 10 yrs 43.4%

Fiscal year	Equity ratio %	YoY	Basis
FYE Mar 2017	26.2	n/a	Cons. · Japanese GAAP
FYE Mar 2018	26.7	+0.5pp	Cons. · Japanese GAAP
FYE Mar 2019	34.2	+7.5pp	Cons. · Japanese GAAP
FYE Mar 2020	36.1	+1.9pp	Cons. · Japanese GAAP
FYE Mar 2021	50.2	+14.1pp	Cons. · Japanese GAAP
FYE Mar 2022	46.0	−4.1pp	Cons. · Japanese GAAP
FYE Mar 2023	46.6	+0.6pp	Cons. · Japanese GAAP
FYE Mar 2024	50.8	+4.2pp	Cons. · Japanese GAAP
FYE Mar 2025	56.4	+5.6pp	Cons. · Japanese GAAP
FYE Mar 2026	61.3	+4.9pp	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 8.6%

Average · 10 yrs 59.5%

Fiscal year	Debt-to-equity ratio %	YoY	Basis
FYE Mar 2017	115.9	n/a	Cons. · Japanese GAAP
FYE Mar 2018	134.7	+18.8pp	Cons. · Japanese GAAP
FYE Mar 2019	85.0	−49.7pp	Cons. · Japanese GAAP
FYE Mar 2020	80.7	−4.3pp	Cons. · Japanese GAAP
FYE Mar 2021	33.6	−47.0pp	Cons. · Japanese GAAP
FYE Mar 2022	47.1	+13.4pp	Cons. · Japanese GAAP
FYE Mar 2023	46.6	−0.5pp	Cons. · Japanese GAAP
FYE Mar 2024	26.8	−19.7pp	Cons. · Japanese GAAP
FYE Mar 2025	16.2	−10.6pp	Cons. · Japanese GAAP
FYE Mar 2026	8.6	−7.6pp	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 29.8%

Average · 10 yrs 26.3%

Fiscal year	ROE %	YoY	Basis
FYE Mar 2017	13.2	n/a	Cons. · Japanese GAAP
FYE Mar 2018	29.9	+16.7pp	Cons. · Japanese GAAP
FYE Mar 2019	32.2	+2.3pp	Cons. · Japanese GAAP
FYE Mar 2020	33.0	+0.7pp	Cons. · Japanese GAAP
FYE Mar 2021	23.0	−10.0pp	Cons. · Japanese GAAP
FYE Mar 2022	23.4	+0.4pp	Cons. · Japanese GAAP
FYE Mar 2023	23.3	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2024	27.3	+4.0pp	Cons. · Japanese GAAP
FYE Mar 2025	27.7	+0.4pp	Cons. · Japanese GAAP
FYE Mar 2026	29.8	+2.1pp	Cons. · Japanese GAAP

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

ROA return on assets

FYE Mar 2026 18.2%

Average · 10 yrs 11.5%

Fiscal year	ROA %	YoY	Basis
FYE Mar 2017	3.5	n/a	Cons. · Japanese GAAP
FYE Mar 2018	8.0	+4.5pp	Cons. · Japanese GAAP
FYE Mar 2019	11.0	+3.0pp	Cons. · Japanese GAAP
FYE Mar 2020	11.9	+0.9pp	Cons. · Japanese GAAP
FYE Mar 2021	11.5	−0.4pp	Cons. · Japanese GAAP
FYE Mar 2022	10.8	−0.8pp	Cons. · Japanese GAAP
FYE Mar 2023	10.9	+0.1pp	Cons. · Japanese GAAP
FYE Mar 2024	13.9	+3.0pp	Cons. · Japanese GAAP
FYE Mar 2025	15.6	+1.7pp	Cons. · Japanese GAAP
FYE Mar 2026	18.2	+2.6pp	Cons. · Japanese GAAP

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

Asset turnover

FYE Mar 2026 1.44×

CAGR · 10 yrs −2.0%

Fiscal year	Asset turnover ×	YoY	Basis
FYE Mar 2017	1.73	n/a	Cons. · Japanese GAAP
FYE Mar 2018	1.44	−16.4%	Cons. · Japanese GAAP
FYE Mar 2019	1.56	+8.1%	Cons. · Japanese GAAP
FYE Mar 2020	1.49	−4.2%	Cons. · Japanese GAAP
FYE Mar 2021	1.20	−19.8%	Cons. · Japanese GAAP
FYE Mar 2022	1.17	−2.0%	Cons. · Japanese GAAP
FYE Mar 2023	1.20	+2.5%	Cons. · Japanese GAAP
FYE Mar 2024	1.30	+7.8%	Cons. · Japanese GAAP
FYE Mar 2025	1.39	+7.5%	Cons. · Japanese GAAP
FYE Mar 2026	1.44	+2.9%	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 ¥8.8bn

Average · 10 yrs ¥3.5bn

Fiscal year	Operating cash flow ¥ bn	YoY	Basis
FYE Mar 2017	-0.2	n/a	Cons. · Japanese GAAP
FYE Mar 2018	1.7	n/a	Cons. · Japanese GAAP
FYE Mar 2019	1.6	−6.2%	Cons. · Japanese GAAP
FYE Mar 2020	2.0	+21.3%	Cons. · Japanese GAAP
FYE Mar 2021	3.0	+53.7%	Cons. · Japanese GAAP
FYE Mar 2022	3.0	−0.4%	Cons. · Japanese GAAP
FYE Mar 2023	4.3	+41.5%	Cons. · Japanese GAAP
FYE Mar 2024	5.3	+24.1%	Cons. · Japanese GAAP
FYE Mar 2025	5.6	+6.9%	Cons. · Japanese GAAP
FYE Mar 2026	8.8	+56.0%	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 -¥2.2bn

Average · 10 yrs -¥2.5bn

Fiscal year	Investing cash flow ¥ bn	YoY	Basis
FYE Mar 2017	-1.3	n/a	Cons. · Japanese GAAP
FYE Mar 2018	-2.8	n/a	Cons. · Japanese GAAP
FYE Mar 2019	-0.7	n/a	Cons. · Japanese GAAP
FYE Mar 2020	-2.5	n/a	Cons. · Japanese GAAP
FYE Mar 2021	-4.0	n/a	Cons. · Japanese GAAP
FYE Mar 2022	-3.3	n/a	Cons. · Japanese GAAP
FYE Mar 2023	-3.5	n/a	Cons. · Japanese GAAP
FYE Mar 2024	-2.8	n/a	Cons. · Japanese GAAP
FYE Mar 2025	-1.5	n/a	Cons. · Japanese GAAP
FYE Mar 2026	-2.2	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 -¥4.8bn

Average · 10 yrs -¥0.8bn

Fiscal year	Financing cash flow ¥ bn	YoY	Basis
FYE Mar 2017	1.4	n/a	Cons. · Japanese GAAP
FYE Mar 2018	1.3	−10.8%	Cons. · Japanese GAAP
FYE Mar 2019	-1.1	−187.1%	Cons. · Japanese GAAP
FYE Mar 2020	0.6	n/a	Cons. · Japanese GAAP
FYE Mar 2021	1.5	+145.8%	Cons. · Japanese GAAP
FYE Mar 2022	0.8	−47.6%	Cons. · Japanese GAAP
FYE Mar 2023	-1.0	−224.7%	Cons. · Japanese GAAP
FYE Mar 2024	-2.5	n/a	Cons. · Japanese GAAP
FYE Mar 2025	-4.0	n/a	Cons. · Japanese GAAP
FYE Mar 2026	-4.8	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 ¥3.9bn

CAGR · 10 yrs +14.9%

Fiscal year	Cash and equivalents ¥ bn	YoY	Basis
FYE Mar 2017	1.1	n/a	Cons. · Japanese GAAP
FYE Mar 2018	1.3	+13.9%	Cons. · Japanese GAAP
FYE Mar 2019	1.0	−16.9%	Cons. · Japanese GAAP
FYE Mar 2020	1.1	+9.6%	Cons. · Japanese GAAP
FYE Mar 2021	1.7	+44.9%	Cons. · Japanese GAAP
FYE Mar 2022	2.2	+30.2%	Cons. · Japanese GAAP
FYE Mar 2023	2.0	−9.6%	Cons. · Japanese GAAP
FYE Mar 2024	1.9	−4.1%	Cons. · Japanese GAAP
FYE Mar 2025	2.1	+10.0%	Cons. · Japanese GAAP
FYE Mar 2026	3.9	+87.1%	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 ¥6.6bn

Average · 10 yrs ¥1.1bn

Fiscal year	FCF ¥ bn	YoY	Basis
FYE Mar 2017	-1.4	n/a	Cons. · Japanese GAAP
FYE Mar 2018	-1.1	n/a	Cons. · Japanese GAAP
FYE Mar 2019	0.9	n/a	Cons. · Japanese GAAP
FYE Mar 2020	-0.5	−155.8%	Cons. · Japanese GAAP
FYE Mar 2021	-0.9	n/a	Cons. · Japanese GAAP
FYE Mar 2022	-0.3	n/a	Cons. · Japanese GAAP
FYE Mar 2023	0.7	n/a	Cons. · Japanese GAAP
FYE Mar 2024	2.4	+227.8%	Cons. · Japanese GAAP
FYE Mar 2025	4.1	+69.0%	Cons. · Japanese GAAP
FYE Mar 2026	6.6	+60.7%	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 15.3%

Average · 10 yrs 10.2%

Fiscal year	OCF margin %	YoY	Basis
FYE Mar 2017	-1.1	n/a	Cons. · Japanese GAAP
FYE Mar 2018	11.3	+12.4pp	Cons. · Japanese GAAP
FYE Mar 2019	9.0	−2.2pp	Cons. · Japanese GAAP
FYE Mar 2020	9.2	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2021	12.3	+3.1pp	Cons. · Japanese GAAP
FYE Mar 2022	10.1	−2.2pp	Cons. · Japanese GAAP
FYE Mar 2023	12.2	+2.1pp	Cons. · Japanese GAAP
FYE Mar 2024	12.5	+0.3pp	Cons. · Japanese GAAP
FYE Mar 2025	11.4	−1.1pp	Cons. · Japanese GAAP
FYE Mar 2026	15.3	+3.9pp	Cons. · Japanese GAAP

Definition: How much of the revenue turned into cash
Formula: Operating cash flow ÷ revenue
Source: Securities report (XBRL)

Net cash

FYE Mar 2026 ¥1.8bn

Average · 10 yrs -¥2.1bn

Fiscal year	Net cash ¥ bn	YoY	Basis
FYE Mar 2017	-1.3	n/a	Cons. · Japanese GAAP
FYE Mar 2018	-2.6	n/a	Cons. · Japanese GAAP
FYE Mar 2019	-2.3	n/a	Cons. · Japanese GAAP
FYE Mar 2020	-3.0	n/a	Cons. · Japanese GAAP
FYE Mar 2021	-1.8	n/a	Cons. · Japanese GAAP
FYE Mar 2022	-3.3	n/a	Cons. · Japanese GAAP
FYE Mar 2023	-4.3	n/a	Cons. · Japanese GAAP
FYE Mar 2024	-2.6	n/a	Cons. · Japanese GAAP
FYE Mar 2025	-1.2	n/a	Cons. · Japanese GAAP
FYE Mar 2026	1.8	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 ¥290bn

Change · 10 yrs +¥280bn

Fiscal year	Market capitalisation ¥ bn	Basis
FYE Mar 2017	9.9	n/a
FYE Mar 2018	46.1	n/a
FYE Mar 2019	90.6	n/a
FYE Mar 2020	101	n/a
FYE Mar 2021	211	n/a
FYE Mar 2022	142	n/a
FYE Mar 2023	192	n/a
FYE Mar 2024	215	n/a
FYE Mar 2025	244	n/a
FYE Mar 2026	290	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 1,621¥

Change · 10 yrs +630¥

Fiscal year	Share price ¥	Basis
FYE Mar 2017	991	n/a
FYE Mar 2018	2,300	n/a
FYE Mar 2019	2,249	n/a
FYE Mar 2020	2,482	n/a
FYE Mar 2021	2,380	n/a
FYE Mar 2022	1,597	n/a
FYE Mar 2023	2,150	n/a
FYE Mar 2024	2,413	n/a
FYE Mar 2025	2,739	n/a
FYE Mar 2026	1,621	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 178,784,000shares

Change · 10 yrs +168,769,000 shares

Fiscal year	Shares outstanding shares	Basis
FYE Mar 2017	10,015,000	Parent
FYE Mar 2018	20,030,000	Parent
FYE Mar 2019	40,290,800	Parent
FYE Mar 2020	40,538,600	Parent
FYE Mar 2021	88,574,000	Parent
FYE Mar 2022	88,753,600	Parent
FYE Mar 2023	89,067,200	Parent
FYE Mar 2024	89,067,200	Parent
FYE Mar 2025	89,067,200	Parent
FYE Mar 2026	178,784,000	Parent

Definition: How many shares exist
Formula: Shares issued, from the key figures of the filing
Source: Securities report (XBRL)

EPS earnings per share

FYE Mar 2026 41.05¥

Change · 10 yrs +36.81¥

Fiscal year	EPS ¥	Basis
FYE Mar 2017	4.24	Cons.
FYE Mar 2018	10.59	Cons.
FYE Mar 2019	15.75	Cons.
FYE Mar 2020	21.03	Cons.
FYE Mar 2021	27.51	Cons.
FYE Mar 2022	15.36	Cons.
FYE Mar 2023	17.74	Cons.
FYE Mar 2024	25.35	Cons.
FYE Mar 2025	31.05	Cons.
FYE Mar 2026	41.05	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 137.53¥

Change · 10 yrs −67.90¥

Fiscal year	BPS ¥	Basis
FYE Mar 2017	205.43	Cons. · Japanese GAAP
FYE Mar 2018	141.67	Cons. · Japanese GAAP
FYE Mar 2019	97.42	Cons. · Japanese GAAP
FYE Mar 2020	127.26	Cons. · Japanese GAAP
FYE Mar 2021	115.96	Cons. · Japanese GAAP
FYE Mar 2022	131.39	Cons. · Japanese GAAP
FYE Mar 2023	151.72	Cons. · Japanese GAAP
FYE Mar 2024	185.65	Cons. · Japanese GAAP
FYE Mar 2025	224.10	Cons. · Japanese GAAP
FYE Mar 2026	137.53	Cons. · Japanese GAAP

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

PER price-to-earnings ratio

FYE Mar 2026 39.50×

Average · 10 yrs 54.84×

Fiscal year	PER ×	Basis
FYE Mar 2017	33.40	Cons.
FYE Mar 2018	54.30	Cons.
FYE Mar 2019	71.40	Cons.
FYE Mar 2020	59.00	Cons.
FYE Mar 2021	86.50	Cons.
FYE Mar 2022	52.00	Cons.
FYE Mar 2023	60.60	Cons.
FYE Mar 2024	47.60	Cons.
FYE Mar 2025	44.10	Cons.
FYE Mar 2026	39.50	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 11.79×

Average · 10 yrs 14.85×

Fiscal year	PBR ×	Basis
FYE Mar 2017	5.51	Cons.
FYE Mar 2018	16.37	Cons.
FYE Mar 2019	23.22	Cons.
FYE Mar 2020	19.59	Cons.
FYE Mar 2021	20.52	Cons.
FYE Mar 2022	12.16	Cons.
FYE Mar 2023	14.17	Cons.
FYE Mar 2024	13.00	Cons.
FYE Mar 2025	12.22	Cons.
FYE Mar 2026	11.79	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 2,286people

Change · 10 yrs +1,359 people

Fiscal year	Group employees people	YoY	Basis
FYE Mar 2017	927	n/a	Cons.
FYE Mar 2018	998	+7.7%	Cons.
FYE Mar 2019	1,093	+9.5%	Cons.
FYE Mar 2020	1,234	+12.9%	Cons.
FYE Mar 2021	1,398	+13.3%	Cons.
FYE Mar 2022	1,618	+15.7%	Cons.
FYE Mar 2023	1,766	+9.1%	Cons.
FYE Mar 2024	1,868	+5.8%	Cons.
FYE Mar 2025	2,028	+8.6%	Cons.
FYE Mar 2026	2,286	+12.7%	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 274people

Change · 10 yrs +156 people

Fiscal year	Parent-company employees people	YoY	Basis
FYE Mar 2017	118	n/a	Parent
FYE Mar 2018	128	+8.5%	Parent
FYE Mar 2019	142	+10.9%	Parent
FYE Mar 2020	161	+13.4%	Parent
FYE Mar 2021	184	+14.3%	Parent
FYE Mar 2022	233	+26.6%	Parent
FYE Mar 2023	235	+0.9%	Parent
FYE Mar 2024	248	+5.5%	Parent
FYE Mar 2025	249	+0.4%	Parent
FYE Mar 2026	274	+10.0%	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 ¥7.1m

Change · 8 yrs +¥1.1m

Fiscal year	Average annual pay ¥ m	YoY	Basis
FYE Mar 2017	n/a	n/a	Parent
FYE Mar 2018	n/a	n/a	Parent
FYE Mar 2019	6.0	n/a	Parent
FYE Mar 2020	6.0	−0.6%	Parent
FYE Mar 2021	6.4	+6.9%	Parent
FYE Mar 2022	6.6	+3.2%	Parent
FYE Mar 2023	6.6	+0.1%	Parent
FYE Mar 2024	6.7	+2.1%	Parent
FYE Mar 2025	6.6	−1.0%	Parent
FYE Mar 2026	7.1	+6.7%	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 42.2years

Change · 8 yrs +3.0 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	39.2	n/a	Parent
FYE Mar 2020	39.1	−0.3%	Parent
FYE Mar 2021	40.1	+2.6%	Parent
FYE Mar 2022	40.3	+0.5%	Parent
FYE Mar 2023	40.8	+1.2%	Parent
FYE Mar 2024	41.4	+1.5%	Parent
FYE Mar 2025	41.8	+1.0%	Parent
FYE Mar 2026	42.2	+1.0%	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 8.1years

Change · 8 yrs +3.1 years

Fiscal year	Average length of service years	YoY	Basis
FYE Mar 2017	n/a	n/a	Parent
FYE Mar 2018	n/a	n/a	Parent
FYE Mar 2019	5.0	n/a	Parent
FYE Mar 2020	5.2	+4.0%	Parent
FYE Mar 2021	5.4	+3.8%	Parent
FYE Mar 2022	5.6	+3.7%	Parent
FYE Mar 2023	7.0	+25.0%	Parent
FYE Mar 2024	7.0	−0.0%	Parent
FYE Mar 2025	7.6	+8.6%	Parent
FYE Mar 2026	8.1	+6.6%	Parent

Definition: How long the average employee has been with the company
Formula: Average years of service, from the employee section of the filing
Source: Securities report (XBRL)

Temporary employees

FYE Mar 2026 494people

Change · 3 yrs +99 people

Fiscal year	Temporary employees people	YoY	Basis
FYE Mar 2017	n/a	n/a	n/a
FYE Mar 2018	n/a	n/a	n/a
FYE Mar 2019	n/a	n/a	n/a
FYE Mar 2020	n/a	n/a	n/a
FYE Mar 2021	n/a	n/a	n/a
FYE Mar 2022	n/a	n/a	n/a
FYE Mar 2023	n/a	n/a	n/a
FYE Mar 2024	395	n/a	n/a
FYE Mar 2025	438	+10.9%	n/a
FYE Mar 2026	494	+12.8%	n/a

Definition: Average number of temporary and part-time staff over the year
Formula: Average temporary headcount, from the employee section of the filing
Source: Securities report (XBRL)

Revenue per employee

FYE Mar 2026 ¥25.2m

Change · 10 yrs +¥10.6m

Fiscal year	Revenue per employee ¥ m	YoY	Basis
FYE Mar 2017	14.6	n/a	Cons.
FYE Mar 2018	15.4	+5.1%	Cons.
FYE Mar 2019	16.4	+6.6%	Cons.
FYE Mar 2020	17.3	+5.6%	Cons.
FYE Mar 2021	17.5	+1.4%	Cons.
FYE Mar 2022	18.4	+4.8%	Cons.
FYE Mar 2023	19.8	+7.5%	Cons.
FYE Mar 2024	22.6	+14.3%	Cons.
FYE Mar 2025	24.3	+7.7%	Cons.
FYE Mar 2026	25.2	+3.5%	Cons.

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

Operating profit per employee

FYE Mar 2026 ¥4.8m

Change · 10 yrs +¥4.2m

Fiscal year	OP per employee ¥ m	YoY	Basis
FYE Mar 2017	0.7	n/a	Cons.
FYE Mar 2018	1.4	+105.5%	Cons.
FYE Mar 2019	1.9	+37.4%	Cons.
FYE Mar 2020	2.2	+18.3%	Cons.
FYE Mar 2021	2.6	+17.3%	Cons.
FYE Mar 2022	2.5	−1.6%	Cons.
FYE Mar 2023	2.8	+11.6%	Cons.
FYE Mar 2024	3.7	+28.7%	Cons.
FYE Mar 2025	4.3	+16.5%	Cons.
FYE Mar 2026	4.8	+13.3%	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

Japan Elevator Service Holdings’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/6544/company.json ·/api/6544/history.json ·/api/6544/ceo.json ·/api/6544/financials.json ·/api/6544/financials/segment.json ·/api/6544/financials/pl.json ·/api/6544/financials/cf.json ·/api/6544/financials/bs.json ·/api/6544/financials/employee.json ·/api/6544/financials/stock.json ·/api/6544/financials.csv ·/api/6544/financials_history.csv

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