Financials

Hirose Electric: FYE Mar 2026 and ten years of results (41 metrics)

FYE Mar 2026 · Revenue¥211bnYoY +11.5%

FYE Mar 2026 · Operating profit¥43bnYoY +0.8%

FYE Mar 2026 · Net profit¥33bnYoY +0.3%

FYE Mar 2026 · Equity ratio87.7%YoY −1.1pp

FYE Mar 2026 · Group employees5,110YoY +232

Fiscal year	Revenue	YoY	Operating profit	YoY	Margin	Net profit	Chief executive	That year
FYE Mar 2017Consolidated	¥115bn	n/a	¥28bn	n/a	24.7%	¥21bn	Ishii Kazunori	—
FYE Mar 2018Consolidated	¥125bn	+8.7%	¥28bn	−1.5%	22.4%	¥20bn	Ishii Kazunori	—
FYE Mar 2019Consolidated	¥125bn	−0.4%	¥23bn	−17.5%	18.6%	¥18bn	Ishii Kazunori	—
FYE Mar 2020Consolidated	¥122bn	−2.3%	¥20bn	−12.1%	16.7%	¥15bn	Ishii Kazunori	—
FYE Mar 2021Consolidated	¥134bn	+9.7%	¥28bn	+37.0%	20.9%	¥20bn	Ishii Kazunori	Head office moves to Yokohama
FYE Mar 2022Consolidated	¥164bn	+22.6%	¥41bn	+46.2%	24.9%	¥31bn	Ishii Kazunori	—
FYE Mar 2023Consolidated	¥183bn	+11.9%	¥47bn	+14.7%	25.5%	¥35bn	Ishii Kazunori	Sales ¥183.2bn at a 25.5% operating margin; Prime market listing
FYE Mar 2024Consolidated	¥166bn	−9.7%	¥34bn	−27.2%	20.6%	¥26bn	Ishii Kazunori	—
FYE Mar 2025Consolidated	¥189bn	+14.4%	¥43bn	+25.4%	22.5%	¥33bn	Ishii Kazunori	—
FYE Mar 2026Consolidated	¥211bn	+11.5%	¥43bn	+0.8%	20.4%	¥33bn	Ishii Kazunori	<a class="en-history_person" href="/tse/6806/executives/ceo/kamagata-shin/" hreflang="ja">Kamagata Shin</a>, from NTT Data, becomes president

How it compares

TDK¥2.50tnFY2025Operating margin 10.9%Murata Manufacturing¥1.83tnFY2025Operating margin 15.4%Alps Alpine¥1.02tnFY2025Operating margin 4.1%Taiyo Yuden¥355bnFY2025Operating margin 5.6%Meiko¥241bnFY2025Operating margin 10.2%Japan Aviation Electronics Industry¥228bnFY2025Operating margin 3.9%

Hirose Electric¥211bnFY2025Operating margin 20.4%

Mabuchi Motor¥200bnFY2025Operating margin 12.7%

NICHICON CORPORATION¥170bnFY2025Operating margin 3.8%

MARUWA¥74bnFY2025Operating margin 33.5%

Income statement Revenue, costs, each level of profit and the margins they leave

Where the revenue goes

¥ bn

Cost of sales SG&A Other operating costs Operating profit

Margins

Gross margin Operating margin Ordinary margin Net margin

Revenue net sales, operating revenue

FYE Mar 2026 ¥211bn

CAGR · 10 yrs +7.0%

Fiscal year	Revenue ¥ bn	YoY	Basis
FYE Mar 2017	115	n/a	Cons. · Japanese GAAP
FYE Mar 2018	125	+8.7%	Cons. · Japanese GAAP
FYE Mar 2019	125	moved to IFRS	Cons. · IFRS
FYE Mar 2020	122	−2.3%	Cons. · IFRS
FYE Mar 2021	134	+9.7%	Cons. · IFRS
FYE Mar 2022	164	+22.6%	Cons. · IFRS
FYE Mar 2023	183	+11.9%	Cons. · IFRS
FYE Mar 2024	166	−9.7%	Cons. · IFRS
FYE Mar 2025	189	+14.4%	Cons. · IFRS
FYE Mar 2026	211	+11.5%	Cons. · IFRS

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 ¥122bn

CAGR · 10 yrs +8.0%

Fiscal year	Cost of sales ¥ bn	YoY	Basis
FYE Mar 2017	61.1	n/a	Cons. · Japanese GAAP
FYE Mar 2018	67.4	+10.2%	Cons. · Japanese GAAP
FYE Mar 2019	70.0	moved to IFRS	Cons. · IFRS
FYE Mar 2020	70.4	+0.6%	Cons. · IFRS
FYE Mar 2021	76.9	+9.2%	Cons. · IFRS
FYE Mar 2022	88.7	+15.4%	Cons. · IFRS
FYE Mar 2023	95.0	+7.1%	Cons. · IFRS
FYE Mar 2024	93.0	−2.1%	Cons. · IFRS
FYE Mar 2025	104	+11.9%	Cons. · IFRS
FYE Mar 2026	122	+17.5%	Cons. · IFRS

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 ¥89bn

CAGR · 10 yrs +5.7%

Fiscal year	Gross profit ¥ bn	YoY	Basis
FYE Mar 2017	54.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	57.8	+7.0%	Cons. · Japanese GAAP
FYE Mar 2019	54.6	moved to IFRS	Cons. · IFRS
FYE Mar 2020	51.4	−5.9%	Cons. · IFRS
FYE Mar 2021	56.7	+10.3%	Cons. · IFRS
FYE Mar 2022	74.9	+32.2%	Cons. · IFRS
FYE Mar 2023	88.2	+17.7%	Cons. · IFRS
FYE Mar 2024	72.5	−17.8%	Cons. · IFRS
FYE Mar 2025	85.4	+17.8%	Cons. · IFRS
FYE Mar 2026	89.0	+4.2%	Cons. · IFRS

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 ¥46bn

CAGR · 10 yrs +6.7%

Fiscal year	SG&A ¥ bn	YoY	Basis
FYE Mar 2017	25.5	n/a	Cons. · Japanese GAAP
FYE Mar 2018	29.2	+14.5%	Cons. · Japanese GAAP
FYE Mar 2019	30.9	moved to IFRS	Cons. · IFRS
FYE Mar 2020	30.5	−1.4%	Cons. · IFRS
FYE Mar 2021	30.2	−0.9%	Cons. · IFRS
FYE Mar 2022	34.2	+13.1%	Cons. · IFRS
FYE Mar 2023	40.9	+19.8%	Cons. · IFRS
FYE Mar 2024	37.2	−9.0%	Cons. · IFRS
FYE Mar 2025	42.5	+14.0%	Cons. · IFRS
FYE Mar 2026	45.7	+7.6%	Cons. · IFRS

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 ¥43bn

CAGR · 10 yrs +4.7%

Fiscal year	Operating profit ¥ bn	YoY	Basis
FYE Mar 2017	28.5	n/a	Cons. · Japanese GAAP
FYE Mar 2018	28.1	−1.5%	Cons. · Japanese GAAP
FYE Mar 2019	23.2	moved to IFRS	Cons. · IFRS
FYE Mar 2020	20.4	−12.1%	Cons. · IFRS
FYE Mar 2021	27.9	+37.0%	Cons. · IFRS
FYE Mar 2022	40.8	+46.2%	Cons. · IFRS
FYE Mar 2023	46.8	+14.7%	Cons. · IFRS
FYE Mar 2024	34.0	−27.2%	Cons. · IFRS
FYE Mar 2025	42.7	+25.4%	Cons. · IFRS
FYE Mar 2026	43.0	+0.8%	Cons. · IFRS

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

Non-operating income

FYE Mar 2026 ¥4.1bn

CAGR · 10 yrs +10.4%

Fiscal year	Non-operating income ¥ bn	YoY	Basis
FYE Mar 2017	1.7	n/a	Cons. · Japanese GAAP
FYE Mar 2018	0.9	−46.2%	Cons. · Japanese GAAP
FYE Mar 2019	1.5	moved to IFRS	Cons. · IFRS
FYE Mar 2020	1.2	−21.9%	Cons. · IFRS
FYE Mar 2021	1.1	−11.8%	Cons. · IFRS
FYE Mar 2022	2.4	+127.7%	Cons. · IFRS
FYE Mar 2023	2.2	−8.6%	Cons. · IFRS
FYE Mar 2024	4.8	+121.0%	Cons. · IFRS
FYE Mar 2025	4.4	−9.9%	Cons. · IFRS
FYE Mar 2026	4.1	−6.2%	Cons. · IFRS

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 ¥453m

CAGR · 10 yrs +2.4%

Fiscal year	Non-operating expenses ¥ m	YoY	Basis
FYE Mar 2017	366	n/a	Cons. · Japanese GAAP
FYE Mar 2018	954	+160.7%	Cons. · Japanese GAAP
FYE Mar 2019	13.0	moved to IFRS	Cons. · IFRS
FYE Mar 2020	345	+2553.8%	Cons. · IFRS
FYE Mar 2021	604	+75.1%	Cons. · IFRS
FYE Mar 2022	77.0	−87.3%	Cons. · IFRS
FYE Mar 2023	348	+351.9%	Cons. · IFRS
FYE Mar 2024	91.0	−73.9%	Cons. · IFRS
FYE Mar 2025	808	+787.9%	Cons. · IFRS
FYE Mar 2026	453	−43.9%	Cons. · IFRS

Definition: Costs arising outside the core business
Formula: Non-operating expenses line of the income statement
Source: Securities report (XBRL)

Net profit profit attributable to owners of the parent

FYE Mar 2026 ¥33bn

CAGR · 10 yrs +5.0%

Fiscal year	Net profit ¥ bn	YoY	Basis
FYE Mar 2017	21.4	n/a	Cons. · Japanese GAAP
FYE Mar 2018	19.5	−8.6%	Cons. · Japanese GAAP
FYE Mar 2019	17.9	moved to IFRS	Cons. · IFRS
FYE Mar 2020	15.3	−14.3%	Cons. · IFRS
FYE Mar 2021	19.9	+30.1%	Cons. · IFRS
FYE Mar 2022	31.4	+57.8%	Cons. · IFRS
FYE Mar 2023	34.6	+10.2%	Cons. · IFRS
FYE Mar 2024	26.5	−23.6%	Cons. · IFRS
FYE Mar 2025	33.0	+24.7%	Cons. · IFRS
FYE Mar 2026	33.1	+0.3%	Cons. · IFRS

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

Gross margin

FYE Mar 2026 42.1%

Average · 10 yrs 44.6%

Fiscal year	Gross margin %	YoY	Basis
FYE Mar 2017	46.9	n/a	Cons. · Japanese GAAP
FYE Mar 2018	46.2	−0.7pp	Cons. · Japanese GAAP
FYE Mar 2019	43.8	moved to IFRS	Cons. · IFRS
FYE Mar 2020	42.2	−1.6pp	Cons. · IFRS
FYE Mar 2021	42.4	+0.2pp	Cons. · IFRS
FYE Mar 2022	45.8	+3.4pp	Cons. · IFRS
FYE Mar 2023	48.1	+2.3pp	Cons. · IFRS
FYE Mar 2024	43.8	−4.3pp	Cons. · IFRS
FYE Mar 2025	45.1	+1.3pp	Cons. · IFRS
FYE Mar 2026	42.1	−2.9pp	Cons. · IFRS

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

Operating margin

FYE Mar 2026 20.4%

Average · 10 yrs 21.7%

Fiscal year	Operating margin %	YoY	Basis
FYE Mar 2017	24.7	n/a	Cons. · Japanese GAAP
FYE Mar 2018	22.4	−2.3pp	Cons. · Japanese GAAP
FYE Mar 2019	18.6	moved to IFRS	Cons. · IFRS
FYE Mar 2020	16.7	−1.9pp	Cons. · IFRS
FYE Mar 2021	20.9	+4.2pp	Cons. · IFRS
FYE Mar 2022	24.9	+4.0pp	Cons. · IFRS
FYE Mar 2023	25.5	+0.6pp	Cons. · IFRS
FYE Mar 2024	20.6	−5.0pp	Cons. · IFRS
FYE Mar 2025	22.5	+2.0pp	Cons. · IFRS
FYE Mar 2026	20.4	−2.2pp	Cons. · IFRS

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

Net margin

FYE Mar 2026 15.7%

Average · 10 yrs 16.3%

Fiscal year	Net margin %	YoY	Basis
FYE Mar 2017	18.6	n/a	Cons. · Japanese GAAP
FYE Mar 2018	15.6	−3.0pp	Cons. · Japanese GAAP
FYE Mar 2019	14.3	moved to IFRS	Cons. · IFRS
FYE Mar 2020	12.6	−1.8pp	Cons. · IFRS
FYE Mar 2021	14.9	+2.3pp	Cons. · IFRS
FYE Mar 2022	19.2	+4.3pp	Cons. · IFRS
FYE Mar 2023	18.9	−0.3pp	Cons. · IFRS
FYE Mar 2024	16.0	−2.9pp	Cons. · IFRS
FYE Mar 2025	17.4	+1.4pp	Cons. · IFRS
FYE Mar 2026	15.7	−1.8pp	Cons. · IFRS

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

Cost-of-sales ratio

FYE Mar 2026 57.9%

Average · 10 yrs 55.4%

Fiscal year	Cost-of-sales ratio %	YoY	Basis
FYE Mar 2017	53.1	n/a	Cons. · Japanese GAAP
FYE Mar 2018	53.8	+0.7pp	Cons. · Japanese GAAP
FYE Mar 2019	56.2	moved to IFRS	Cons. · IFRS
FYE Mar 2020	57.8	+1.6pp	Cons. · IFRS
FYE Mar 2021	57.6	−0.2pp	Cons. · IFRS
FYE Mar 2022	54.2	−3.4pp	Cons. · IFRS
FYE Mar 2023	51.9	−2.3pp	Cons. · IFRS
FYE Mar 2024	56.2	+4.3pp	Cons. · IFRS
FYE Mar 2025	54.9	−1.3pp	Cons. · IFRS
FYE Mar 2026	57.9	+2.9pp	Cons. · IFRS

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 21.6%

Average · 10 yrs 22.8%

Fiscal year	SG&A ratio %	YoY	Basis
FYE Mar 2017	22.2	n/a	Cons. · Japanese GAAP
FYE Mar 2018	23.3	+1.2pp	Cons. · Japanese GAAP
FYE Mar 2019	24.8	moved to IFRS	Cons. · IFRS
FYE Mar 2020	25.0	+0.2pp	Cons. · IFRS
FYE Mar 2021	22.6	−2.4pp	Cons. · IFRS
FYE Mar 2022	20.9	−1.7pp	Cons. · IFRS
FYE Mar 2023	22.3	+1.5pp	Cons. · IFRS
FYE Mar 2024	22.5	+0.2pp	Cons. · IFRS
FYE Mar 2025	22.4	−0.1pp	Cons. · IFRS
FYE Mar 2026	21.6	−0.8pp	Cons. · IFRS

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

Total assets

FYE Mar 2026 ¥431bn

CAGR · 10 yrs +3.1%

Fiscal year	Total assets ¥ bn	YoY	Basis
FYE Mar 2017	327	n/a	Cons. · Japanese GAAP
FYE Mar 2018	339	+3.9%	Cons. · Japanese GAAP
FYE Mar 2019	341	moved to IFRS	Cons. · IFRS
FYE Mar 2020	343	+0.4%	Cons. · IFRS
FYE Mar 2021	371	+8.1%	Cons. · IFRS
FYE Mar 2022	395	+6.6%	Cons. · IFRS
FYE Mar 2023	401	+1.7%	Cons. · IFRS
FYE Mar 2024	403	+0.5%	Cons. · IFRS
FYE Mar 2025	417	+3.3%	Cons. · IFRS
FYE Mar 2026	431	+3.4%	Cons. · IFRS

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 ¥378bn

CAGR · 10 yrs +2.7%

Fiscal year	Equity ¥ bn	YoY	Basis
FYE Mar 2017	296	n/a	Cons. · Japanese GAAP
FYE Mar 2018	304	+2.5%	Cons. · Japanese GAAP
FYE Mar 2019	308	moved to IFRS	Cons. · IFRS
FYE Mar 2020	306	−0.6%	Cons. · IFRS
FYE Mar 2021	326	+6.5%	Cons. · IFRS
FYE Mar 2022	342	+4.9%	Cons. · IFRS
FYE Mar 2023	350	+2.3%	Cons. · IFRS
FYE Mar 2024	364	+4.1%	Cons. · IFRS
FYE Mar 2025	370	+1.6%	Cons. · IFRS
FYE Mar 2026	378	+2.1%	Cons. · IFRS

Definition: The part of the funding that never has to be repaid
Formula: Net assets line of the balance sheet
Source: Securities report (XBRL)

Intangible assets

FYE Mar 2026 ¥7.7bn

CAGR · 10 yrs +19.4%

Fiscal year	Intangible assets ¥ bn	YoY	Basis
FYE Mar 2017	1.6	n/a	Cons. · Japanese GAAP
FYE Mar 2018	2.3	+44.9%	Cons. · Japanese GAAP
FYE Mar 2019	2.6	moved to IFRS	Cons. · IFRS
FYE Mar 2020	2.5	−4.0%	Cons. · IFRS
FYE Mar 2021	3.3	+30.8%	Cons. · IFRS
FYE Mar 2022	3.7	+12.4%	Cons. · IFRS
FYE Mar 2023	4.2	+13.7%	Cons. · IFRS
FYE Mar 2024	5.1	+22.1%	Cons. · IFRS
FYE Mar 2025	6.6	+28.7%	Cons. · IFRS
FYE Mar 2026	7.7	+16.9%	Cons. · IFRS

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

Equity ratio

FYE Mar 2026 87.7%

Average · 10 yrs 88.8%

Fiscal year	Equity ratio %	YoY	Basis
FYE Mar 2017	90.7	n/a	Cons. · Japanese GAAP
FYE Mar 2018	89.5	−1.2pp	Cons. · Japanese GAAP
FYE Mar 2019	90.3	moved to IFRS	Cons. · IFRS
FYE Mar 2020	89.3	−0.9pp	Cons. · IFRS
FYE Mar 2021	88.0	−1.3pp	Cons. · IFRS
FYE Mar 2022	86.6	−1.4pp	Cons. · IFRS
FYE Mar 2023	87.2	+0.5pp	Cons. · IFRS
FYE Mar 2024	90.3	+3.1pp	Cons. · IFRS
FYE Mar 2025	88.8	−1.5pp	Cons. · IFRS
FYE Mar 2026	87.7	−1.1pp	Cons. · IFRS

Definition: How much of the balance sheet is funded without debt
Formula: Equity ÷ total assets
Source: Securities report (XBRL)

ROE return on equity

FYE Mar 2026 8.8%

Average · 10 yrs 7.5%

Fiscal year	ROE %	YoY	Basis
FYE Mar 2017	7.2	n/a	Cons. · Japanese GAAP
FYE Mar 2018	6.4	−0.8pp	Cons. · Japanese GAAP
FYE Mar 2019	5.8	moved to IFRS	Cons. · IFRS
FYE Mar 2020	5.0	−0.8pp	Cons. · IFRS
FYE Mar 2021	6.1	+1.1pp	Cons. · IFRS
FYE Mar 2022	9.2	+3.1pp	Cons. · IFRS
FYE Mar 2023	9.9	+0.7pp	Cons. · IFRS
FYE Mar 2024	7.3	−2.6pp	Cons. · IFRS
FYE Mar 2025	8.9	+1.7pp	Cons. · IFRS
FYE Mar 2026	8.8	−0.2pp	Cons. · IFRS

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

ROA return on assets

FYE Mar 2026 7.7%

Average · 10 yrs 6.6%

Fiscal year	ROA %	YoY	Basis
FYE Mar 2017	6.5	n/a	Cons. · Japanese GAAP
FYE Mar 2018	5.8	−0.8pp	Cons. · Japanese GAAP
FYE Mar 2019	5.2	moved to IFRS	Cons. · IFRS
FYE Mar 2020	4.5	−0.8pp	Cons. · IFRS
FYE Mar 2021	5.4	+0.9pp	Cons. · IFRS
FYE Mar 2022	8.0	+2.6pp	Cons. · IFRS
FYE Mar 2023	8.6	+0.7pp	Cons. · IFRS
FYE Mar 2024	6.6	−2.1pp	Cons. · IFRS
FYE Mar 2025	7.9	+1.4pp	Cons. · IFRS
FYE Mar 2026	7.7	−0.2pp	Cons. · IFRS

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

Asset turnover

FYE Mar 2026 0.49×

CAGR · 10 yrs +3.7%

Fiscal year	Asset turnover ×	YoY	Basis
FYE Mar 2017	0.35	n/a	Cons. · Japanese GAAP
FYE Mar 2018	0.37	+4.6%	Cons. · Japanese GAAP
FYE Mar 2019	0.37	moved to IFRS	Cons. · IFRS
FYE Mar 2020	0.36	−2.6%	Cons. · IFRS
FYE Mar 2021	0.36	+1.4%	Cons. · IFRS
FYE Mar 2022	0.41	+15.0%	Cons. · IFRS
FYE Mar 2023	0.46	+10.1%	Cons. · IFRS
FYE Mar 2024	0.41	−10.1%	Cons. · IFRS
FYE Mar 2025	0.45	+10.8%	Cons. · IFRS
FYE Mar 2026	0.49	+7.8%	Cons. · IFRS

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

Operating cash flow

FYE Mar 2026 ¥46bn

CAGR · 10 yrs +5.6%

Fiscal year	Operating cash flow ¥ bn	YoY	Basis
FYE Mar 2017	28.1	n/a	Cons. · Japanese GAAP
FYE Mar 2018	29.3	+4.3%	Cons. · Japanese GAAP
FYE Mar 2019	28.3	moved to IFRS	Cons. · IFRS
FYE Mar 2020	28.6	+1.2%	Cons. · IFRS
FYE Mar 2021	35.8	+25.3%	Cons. · IFRS
FYE Mar 2022	44.3	+23.7%	Cons. · IFRS
FYE Mar 2023	45.6	+3.0%	Cons. · IFRS
FYE Mar 2024	41.0	−10.1%	Cons. · IFRS
FYE Mar 2025	55.7	+35.6%	Cons. · IFRS
FYE Mar 2026	45.9	−17.6%	Cons. · IFRS

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

Investing cash flow

FYE Mar 2026 -¥9.2bn

Average · 10 yrs -¥18bn

Fiscal year	Investing cash flow ¥ bn	YoY	Basis
FYE Mar 2017	-10.6	n/a	Cons. · Japanese GAAP
FYE Mar 2018	-30.1	n/a	Cons. · Japanese GAAP
FYE Mar 2019	-31.2	moved to IFRS	Cons. · IFRS
FYE Mar 2020	-17.2	n/a	Cons. · IFRS
FYE Mar 2021	-20.7	n/a	Cons. · IFRS
FYE Mar 2022	-10.9	n/a	Cons. · IFRS
FYE Mar 2023	6.4	n/a	Cons. · IFRS
FYE Mar 2024	-13.9	−317.6%	Cons. · IFRS
FYE Mar 2025	-42.9	n/a	Cons. · IFRS
FYE Mar 2026	-9.2	n/a	Cons. · IFRS

Definition: Cash spent on, or released by, investment
Formula: Cash flow from investing activities
Source: Securities report (XBRL)

Financing cash flow

FYE Mar 2026 -¥38bn

Average · 10 yrs -¥20bn

Fiscal year	Financing cash flow ¥ bn	YoY	Basis
FYE Mar 2017	-10.8	n/a	Cons. · Japanese GAAP
FYE Mar 2018	-11.8	n/a	Cons. · Japanese GAAP
FYE Mar 2019	-14.3	moved to IFRS	Cons. · IFRS
FYE Mar 2020	-12.2	n/a	Cons. · IFRS
FYE Mar 2021	-9.3	n/a	Cons. · IFRS
FYE Mar 2022	-25.2	n/a	Cons. · IFRS
FYE Mar 2023	-34.2	n/a	Cons. · IFRS
FYE Mar 2024	-28.2	n/a	Cons. · IFRS
FYE Mar 2025	-16.7	n/a	Cons. · IFRS
FYE Mar 2026	-37.9	n/a	Cons. · IFRS

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 ¥87bn

CAGR · 10 yrs +0.7%

Fiscal year	Cash and equivalents ¥ bn	YoY	Basis
FYE Mar 2017	81.9	n/a	Cons. · Japanese GAAP
FYE Mar 2018	69.3	−15.3%	Cons. · Japanese GAAP
FYE Mar 2019	52.3	moved to IFRS	Cons. · IFRS
FYE Mar 2020	50.6	−3.4%	Cons. · IFRS
FYE Mar 2021	81.9	+62.0%	Cons. · IFRS
FYE Mar 2022	68.4	−16.5%	Cons. · IFRS
FYE Mar 2023	88.8	+29.9%	Cons. · IFRS
FYE Mar 2024	90.3	+1.7%	Cons. · IFRS
FYE Mar 2025	85.7	−5.2%	Cons. · IFRS
FYE Mar 2026	87.3	+1.9%	Cons. · IFRS

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 ¥37bn

CAGR · 10 yrs +8.5%

Fiscal year	FCF ¥ bn	YoY	Basis
FYE Mar 2017	17.5	n/a	Cons. · Japanese GAAP
FYE Mar 2018	-0.8	−104.5%	Cons. · Japanese GAAP
FYE Mar 2019	-2.9	moved to IFRS	Cons. · IFRS
FYE Mar 2020	11.4	n/a	Cons. · IFRS
FYE Mar 2021	15.1	+32.4%	Cons. · IFRS
FYE Mar 2022	33.4	+121.3%	Cons. · IFRS
FYE Mar 2023	52.1	+55.6%	Cons. · IFRS
FYE Mar 2024	27.1	−47.9%	Cons. · IFRS
FYE Mar 2025	12.7	−53.0%	Cons. · IFRS
FYE Mar 2026	36.6	+187.6%	Cons. · IFRS

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 21.7%

Average · 10 yrs 24.9%

Fiscal year	OCF margin %	YoY	Basis
FYE Mar 2017	24.4	n/a	Cons. · Japanese GAAP
FYE Mar 2018	23.4	−1.0pp	Cons. · Japanese GAAP
FYE Mar 2019	22.7	moved to IFRS	Cons. · IFRS
FYE Mar 2020	23.5	+0.8pp	Cons. · IFRS
FYE Mar 2021	26.8	+3.3pp	Cons. · IFRS
FYE Mar 2022	27.1	+0.3pp	Cons. · IFRS
FYE Mar 2023	24.9	−2.2pp	Cons. · IFRS
FYE Mar 2024	24.8	−0.1pp	Cons. · IFRS
FYE Mar 2025	29.4	+4.6pp	Cons. · IFRS
FYE Mar 2026	21.7	−7.7pp	Cons. · IFRS

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

Shares and share price Shares outstanding, price, market capitalisation and the valuation multiples

Market capitalisation

FYE Mar 2026 ¥719bn

Change · 10 yrs +¥102bn

Fiscal year	Market capitalisation ¥ bn	Basis
FYE Mar 2017	617	n/a
FYE Mar 2018	584	n/a
FYE Mar 2019	449	n/a
FYE Mar 2020	429	n/a
FYE Mar 2021	650	n/a
FYE Mar 2022	683	n/a
FYE Mar 2023	642	n/a
FYE Mar 2024	560	n/a
FYE Mar 2025	680	n/a
FYE Mar 2026	719	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 20,136¥

Change · 10 yrs +4,718¥

Fiscal year	Share price ¥	Basis
FYE Mar 2017	15,418	n/a
FYE Mar 2018	14,598	n/a
FYE Mar 2019	11,649	n/a
FYE Mar 2020	11,182	n/a
FYE Mar 2021	17,022	n/a
FYE Mar 2022	17,885	n/a
FYE Mar 2023	17,235	n/a
FYE Mar 2024	15,448	n/a
FYE Mar 2025	19,038	n/a
FYE Mar 2026	20,136	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 35,693,969shares

Change · 10 yrs −4,326,767 shares

Fiscal year	Shares outstanding shares	Basis
FYE Mar 2017	40,020,736	Parent
FYE Mar 2018	40,020,736	Parent
FYE Mar 2019	38,513,152	Parent
FYE Mar 2020	38,381,820	Parent
FYE Mar 2021	38,175,942	Parent
FYE Mar 2022	38,175,942	Parent
FYE Mar 2023	37,227,089	Parent
FYE Mar 2024	36,250,438	Parent
FYE Mar 2025	35,693,969	Parent
FYE Mar 2026	35,693,969	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 991.91¥

Change · 10 yrs +380.10¥

Fiscal year	EPS ¥	Basis
FYE Mar 2017	611.81	Cons.
FYE Mar 2018	548.80	Cons.
FYE Mar 2019	489.46	Cons.
FYE Mar 2020	420.39	Cons.
FYE Mar 2021	549.10	Cons.
FYE Mar 2022	885.39	Cons.
FYE Mar 2023	1,002.04	Cons.
FYE Mar 2024	772.38	Cons.
FYE Mar 2025	976.33	Cons.
FYE Mar 2026	991.91	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 10,592.13¥

Change · 10 yrs +3,188.64¥

Fiscal year	BPS ¥	Basis
FYE Mar 2017	7,403.49	Cons. · Japanese GAAP
FYE Mar 2018	7,590.64	Cons. · Japanese GAAP
FYE Mar 2019	8,000.36	Cons. · IFRS
FYE Mar 2020	7,976.20	Cons. · IFRS
FYE Mar 2021	8,541.82	Cons. · IFRS
FYE Mar 2022	8,960.33	Cons. · IFRS
FYE Mar 2023	9,397.81	Cons. · IFRS
FYE Mar 2024	10,046.03	Cons. · IFRS
FYE Mar 2025	10,370.02	Cons. · IFRS
FYE Mar 2026	10,592.13	Cons. · IFRS

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

PER price-to-earnings ratio

FYE Mar 2026 20.30×

Average · 10 yrs 23.04×

Fiscal year	PER ×	Basis
FYE Mar 2017	25.20	Cons.
FYE Mar 2018	26.60	Cons.
FYE Mar 2019	23.80	Cons.
FYE Mar 2020	26.60	Cons.
FYE Mar 2021	31.00	Cons.
FYE Mar 2022	20.20	Cons.
FYE Mar 2023	17.20	Cons.
FYE Mar 2024	20.00	Cons.
FYE Mar 2025	19.50	Cons.
FYE Mar 2026	20.30	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 1.74×

Average · 10 yrs 1.65×

Fiscal year	PBR ×	Basis
FYE Mar 2017	1.80	Cons.
FYE Mar 2018	1.67	Cons.
FYE Mar 2019	1.38	Cons.
FYE Mar 2020	1.33	Cons.
FYE Mar 2021	1.89	Cons.
FYE Mar 2022	1.85	Cons.
FYE Mar 2023	1.70	Cons.
FYE Mar 2024	1.44	Cons.
FYE Mar 2025	1.74	Cons.
FYE Mar 2026	1.74	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 5,110people

Change · 10 yrs +791 people

Fiscal year	Group employees people	YoY	Basis
FYE Mar 2017	4,319	n/a	Cons.
FYE Mar 2018	4,597	+6.4%	Cons.
FYE Mar 2019	4,836	+5.2%	Cons.
FYE Mar 2020	4,737	−2.0%	Cons.
FYE Mar 2021	4,859	+2.6%	Cons.
FYE Mar 2022	5,070	+4.3%	Cons.
FYE Mar 2023	4,944	−2.5%	Cons.
FYE Mar 2024	4,654	−5.9%	Cons.
FYE Mar 2025	4,878	+4.8%	Cons.
FYE Mar 2026	5,110	+4.8%	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 1,039people

Change · 10 yrs +191 people

Fiscal year	Parent-company employees people	YoY	Basis
FYE Mar 2017	848	n/a	Parent
FYE Mar 2018	902	+6.4%	Parent
FYE Mar 2019	944	+4.7%	Parent
FYE Mar 2020	941	−0.3%	Parent
FYE Mar 2021	935	−0.6%	Parent
FYE Mar 2022	917	−1.9%	Parent
FYE Mar 2023	913	−0.4%	Parent
FYE Mar 2024	949	+3.9%	Parent
FYE Mar 2025	1,012	+6.6%	Parent
FYE Mar 2026	1,039	+2.7%	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 ¥8.5m

Change · 8 yrs +¥1.0m

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	7.5	n/a	Parent
FYE Mar 2020	7.0	−6.8%	Parent
FYE Mar 2021	7.2	+2.4%	Parent
FYE Mar 2022	8.0	+11.3%	Parent
FYE Mar 2023	9.0	+12.1%	Parent
FYE Mar 2024	8.7	−3.3%	Parent
FYE Mar 2025	8.1	−6.7%	Parent
FYE Mar 2026	8.5	+4.8%	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 40.7years

Change · 8 yrs +1.9 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	38.8	n/a	Parent
FYE Mar 2020	39.1	+0.8%	Parent
FYE Mar 2021	39.6	+1.3%	Parent
FYE Mar 2022	40.2	+1.5%	Parent
FYE Mar 2023	40.2	−0.0%	Parent
FYE Mar 2024	40.6	+1.0%	Parent
FYE Mar 2025	40.8	+0.5%	Parent
FYE Mar 2026	40.7	−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 13.1years

Change · 8 yrs +1.7 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	11.4	n/a	Parent
FYE Mar 2020	11.8	+3.5%	Parent
FYE Mar 2021	12.4	+5.1%	Parent
FYE Mar 2022	13.1	+5.6%	Parent
FYE Mar 2023	13.7	+4.6%	Parent
FYE Mar 2024	13.5	−1.5%	Parent
FYE Mar 2025	13.6	+0.7%	Parent
FYE Mar 2026	13.1	−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)

Temporary employees

FYE Mar 2026 117people

Change · 10 yrs −148 people

Fiscal year	Temporary employees people	YoY	Basis
FYE Mar 2017	265	n/a	n/a
FYE Mar 2018	263	−0.8%	n/a
FYE Mar 2019	285	+8.4%	n/a
FYE Mar 2020	286	+0.4%	n/a
FYE Mar 2021	264	−7.7%	n/a
FYE Mar 2022	257	−2.7%	n/a
FYE Mar 2023	263	+2.3%	n/a
FYE Mar 2024	266	+1.1%	n/a
FYE Mar 2025	122	−54.1%	n/a
FYE Mar 2026	117	−4.1%	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 ¥41.3m

Change · 10 yrs +¥14.7m

Fiscal year	Revenue per employee ¥ m	YoY	Basis
FYE Mar 2017	26.7	n/a	Cons.
FYE Mar 2018	27.2	+2.1%	Cons.
FYE Mar 2019	25.8	n/a	Cons.
FYE Mar 2020	25.7	−0.2%	Cons.
FYE Mar 2021	27.5	+6.9%	Cons.
FYE Mar 2022	32.3	+17.5%	Cons.
FYE Mar 2023	37.1	+14.8%	Cons.
FYE Mar 2024	35.6	−4.0%	Cons.
FYE Mar 2025	38.8	+9.2%	Cons.
FYE Mar 2026	41.3	+6.5%	Cons.

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

Operating profit per employee

FYE Mar 2026 ¥8.4m

Change · 10 yrs +¥1.8m

Fiscal year	OP per employee ¥ m	YoY	Basis
FYE Mar 2017	6.6	n/a	Cons.
FYE Mar 2018	6.1	−7.4%	Cons.
FYE Mar 2019	4.8	n/a	Cons.
FYE Mar 2020	4.3	−10.2%	Cons.
FYE Mar 2021	5.7	+33.5%	Cons.
FYE Mar 2022	8.0	+40.1%	Cons.
FYE Mar 2023	9.5	+17.6%	Cons.
FYE Mar 2024	7.3	−22.7%	Cons.
FYE Mar 2025	8.7	+19.7%	Cons.
FYE Mar 2026	8.4	−3.8%	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

Hirose 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/6806/company.json ·/api/6806/history.json ·/api/6806/ceo.json ·/api/6806/financials.json ·/api/6806/financials/segment.json ·/api/6806/financials/pl.json ·/api/6806/financials/cf.json ·/api/6806/financials/bs.json ·/api/6806/financials/employee.json ·/api/6806/financials/stock.json ·/api/6806/financials.csv ·/api/6806/financials_history.csv

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