Financials
Ryohin Keikaku (Muji): 35 fiscal years of results, 1992–2025
- Revenue · FYE Aug 2025
- ¥785bn
- Operating profit · FYE Aug 2025
- ¥74bn
- Net profit · FYE Aug 2025
- ¥51bn
- Total assets
- ¥563bn
- Equity ratio
- 59.0%
- Fiscal years on record
- 35 · 1992–2025
This page carries 35 fiscal years of results, from 1992 to 2025. Revenue is at its highest on record in the latest year filed. The company reported a net loss in one year: 2020.
Ryohin Keikaku (Muji): long-term performance & turning pointsSales (revenue) and profit-margin ratio
Sales (¥ bn)Net margin (%)| Fiscal year | Unit | 1992 *1 FYE Feb | 1993 *1 FYE Feb | 1994 *1 FYE Feb | 1995 *1 FYE Feb | 1996 *1 FYE Feb | 1997 *1 FYE Feb | 1998 *1 FYE Feb | 1999 *1 FYE Feb | 2000 *1 FYE Feb | 2001 *1 FYE Feb | 2002 *1 FYE Feb | 2003 *1 FYE Feb | 2004 *1 FYE Feb | 2005 *1 FYE Feb | 2006 *1 FYE Feb | 2007 *1 FYE Feb | 2008 *1 FYE Feb | 2009 *1 FYE Feb | 2010 *1 FYE Feb | 2011 *1 FYE Feb | 2012 *1 FYE Feb | 2013 *1 FYE Feb | 2014 *1 FYE Feb | 2015 *1 FYE Feb | 2016 *1 FYE Feb | 2017 *1 FYE Feb | 2018 *1 FYE Feb | 2019 *1 FYE Feb | 2020 *1 FYE Feb | 2020 *1 FYE Aug | 2021 *1 FYE Aug | 2022 *1 FYE Aug | 2023 *1 FYE Aug | 2024 *1 FYE Aug | 2025 *1 FYE Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | JPY | ¥26bn | ¥27bn | ¥31bn | ¥37bn | ¥48bn | ¥63bn | ¥76bn | ¥93bn | ¥107bn | ¥116bn | ¥120bn | ¥115bn | ¥120bn | ¥128bn | ¥140bn | ¥157bn | ¥162bn | ¥163bn | ¥164bn | ¥170bn | ¥178bn | ¥188bn | ¥221bn | ¥260bn | ¥307bn | ¥333bn | ¥379bn | ¥409bn | ¥438bn | ¥179bn | ¥454bn | ¥496bn | ¥581bn | ¥662bn | ¥785bn |
| YoY | % | — | +3.4% | +13.2% | +19.4% | +29.5% | +31.0% | +20.9% | +23.1% | +14.7% | +8.0% | +3.7% | -3.9% | +4.1% | +7.2% | +9.1% | +12.1% | +3.2% | +0.5% | +0.9% | +3.3% | +4.9% | +5.7% | +17.2% | +17.7% | +18.3% | +8.3% | +13.9% | +7.9% | +7.1% | — | +153.5% | +9.4% | +17.2% | +13.8% | +18.6% |
| Operating profit | JPY | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ¥15bn | ¥17bn | ¥19bn | ¥17bn | ¥14bn | ¥14bn | ¥15bn | ¥18bn | ¥21bn | ¥24bn | ¥34bn | ¥38bn | ¥45bn | ¥45bn | ¥36bn | ¥0.9bn | ¥42bn | ¥33bn | ¥33bn | ¥56bn | ¥74bn |
| YoY | % | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | +9.2% | +12.0% | -7.5% | -18.0% | -1.4% | +10.8% | +19.5% | +13.6% | +13.9% | +44.5% | +11.3% | +18.3% | -1.3% | -18.6% | — | +4611.1% | -22.6% | +0.9% | +69.5% | +31.6% |
| Ordinary profit | JPY | — | — | — | — | — | — | — | — | — | — | ¥5.7bn | ¥7.1bn | ¥9.0bn | ¥12bn | ¥16bn | ¥17bn | ¥19bn | ¥17bn | ¥15bn | ¥14bn | ¥16bn | ¥20bn | ¥23bn | ¥27bn | ¥33bn | ¥39bn | ¥46bn | ¥46bn | ¥36bn | ¥0.6bn | ¥45bn | ¥37bn | ¥36bn | ¥56bn | ¥72bn |
| Net profit | JPY | ¥0.0bn | ¥0.2bn | ¥0.4bn | ¥0.9bn | ¥1.7bn | ¥2.6bn | ¥3.3bn | ¥4.4bn | ¥5.8bn | ¥5.6bn | ¥0.0bn | ¥2.3bn | ¥4.6bn | ¥6.3bn | ¥9.3bn | ¥9.3bn | ¥11bn | ¥6.9bn | ¥7.5bn | ¥7.8bn | ¥8.8bn | ¥11bn | ¥17bn | ¥17bn | ¥22bn | ¥26bn | ¥30bn | ¥34bn | ¥23bn | -¥17bn | ¥34bn | ¥25bn | ¥22bn | ¥42bn | ¥51bn |
| YoY | % | — | — | +100.0% | +125.0% | +88.9% | +52.9% | +26.9% | +33.3% | +31.8% | -3.4% | -100.0% | — | +100.0% | +37.0% | +47.6% | 0.0% | +14.0% | -34.9% | +8.7% | +4.0% | +12.8% | +23.9% | +56.0% | -2.4% | +30.7% | +18.9% | +16.7% | +12.3% | -31.4% | — | — | -27.7% | -10.2% | +88.6% | +22.4% |
| Operating margin | % | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 10.8% | 10.6% | 11.5% | 10.6% | 8.6% | 8.2% | 8.6% | 9.8% | 9.5% | 9.2% | 11.2% | 11.5% | 12.0% | 10.9% | 8.3% | 0.5% | 9.3% | 6.6% | 5.7% | 8.5% | 9.4% |
| Net margin | % | 0.0% | 0.7% | 1.3% | 2.4% | 3.6% | 4.2% | 4.4% | 4.7% | 5.4% | 4.8% | 0.0% | 2.0% | 3.8% | 4.9% | 6.6% | 5.9% | 6.5% | 4.2% | 4.6% | 4.6% | 4.9% | 5.8% | 7.7% | 6.4% | 7.1% | 7.8% | 7.9% | 8.3% | 5.3% | -9.4% | 7.5% | 4.9% | 3.8% | 6.3% | 6.5% |
| Standard | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | |
| Basis | Parent only | Parent only | Parent only | Parent only | Parent only | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated |
- *1 Securities report
Cost structure Cost of sales SG&A Operating profit Operating margin
Where each yen of revenue goes — cost of sales, SG&A and what is left as operating profit (¥ bn, stacked)
| Fiscal year | Unit | 2006 *1 FYE Feb | 2007 *1 FYE Feb | 2008 *1 FYE Feb | 2009 *1 FYE Feb | 2010 *1 FYE Feb | 2011 *1 FYE Feb | 2012 *1 FYE Feb | 2013 *1 FYE Feb | 2014 *1 FYE Feb | 2015 *1 FYE Feb | 2016 *1 FYE Feb | 2017 *1 FYE Feb | 2018 *1 FYE Feb | 2019 *1 FYE Feb | 2020 *1 FYE Feb | 2020 *1 FYE Aug | 2021 *1 FYE Aug | 2022 *1 FYE Aug | 2023 *1 FYE Aug | 2024 *1 FYE Aug | 2025 *1 FYE Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | JPY | ¥140bn | ¥157bn | ¥162bn | ¥163bn | ¥164bn | ¥170bn | ¥178bn | ¥188bn | ¥221bn | ¥260bn | ¥307bn | ¥333bn | ¥379bn | ¥409bn | ¥438bn | ¥179bn | ¥452bn | ¥496bn | ¥581bn | ¥662bn | ¥785bn |
| YoY | % | — | +12.0% | +3.2% | +0.5% | +0.9% | +3.3% | +5.0% | +5.7% | +17.1% | +17.7% | +18.3% | +8.3% | +13.9% | +7.9% | +7.1% | — | +152.8% | +9.7% | +17.2% | +13.8% | +18.6% |
| Cost of sales | JPY | ¥78bn | ¥87bn | ¥88bn | ¥89bn | ¥90bn | ¥92bn | ¥97bn | ¥101bn | ¥119bn | ¥137bn | ¥157bn | ¥167bn | ¥188bn | ¥198bn | ¥221bn | ¥96bn | ¥231bn | ¥262bn | ¥310bn | ¥325bn | ¥382bn |
| SG&A | JPY | ¥47bn | ¥53bn | ¥56bn | ¥57bn | ¥60bn | ¥63bn | ¥66bn | ¥69bn | ¥81bn | ¥99bn | ¥116bn | ¥128bn | ¥147bn | ¥167bn | ¥181bn | ¥83bn | ¥180bn | ¥202bn | ¥238bn | ¥280bn | ¥329bn |
| Operating profit | JPY | ¥15bn | ¥17bn | ¥19bn | ¥17bn | ¥14bn | ¥14bn | ¥15bn | ¥18bn | ¥21bn | ¥24bn | ¥34bn | ¥38bn | ¥45bn | ¥45bn | ¥36bn | ¥0.9bn | ¥42bn | ¥33bn | ¥33bn | ¥56bn | ¥74bn |
| YoY | % | — | +8.8% | +12.0% | -7.3% | -17.9% | -1.7% | +11.1% | +18.9% | +14.0% | +14.0% | +44.4% | +11.1% | +18.3% | -1.2% | -18.7% | — | +4767.8% | -22.8% | +1.1% | +69.4% | +31.5% |
| Operating margin | % | 10.9% | 10.6% | 11.5% | 10.6% | 8.6% | 8.2% | 8.7% | 9.7% | 9.5% | 9.2% | 11.2% | 11.5% | 12.0% | 10.9% | 8.3% | 0.5% | 9.4% | 6.6% | 5.7% | 8.5% | 9.4% |
| Change | pp | — | -0.3pp | +0.9pp | -0.9pp | -2.0pp | -0.4pp | +0.5pp | +1.0pp | -0.2pp | -0.3pp | +2.0pp | +0.3pp | +0.5pp | -1.1pp | -2.6pp | — | +8.9pp | -2.8pp | -0.9pp | +2.8pp | +0.9pp |
- *1 Securities report (yuka shoken hokokusho), as filed
Balance sheet Total assets Equity Interest-bearing debt Equity ratio
Total assets, equity and interest-bearing debt (¥ bn), with the equity ratio (%)
| Fiscal year | Unit | 2006 *1 FYE Feb | 2007 *1 FYE Feb | 2008 *1 FYE Feb | 2009 *1 FYE Feb | 2010 *1 FYE Feb | 2011 *1 FYE Feb | 2012 *1 FYE Feb | 2013 *1 FYE Feb | 2014 *1 FYE Feb | 2015 *1 FYE Feb | 2016 *1 FYE Feb | 2017 *1 FYE Feb | 2018 *1 FYE Feb | 2019 *1 FYE Feb | 2020 *1 FYE Feb | 2020 *1 FYE Aug | 2021 *1 FYE Aug | 2022 *1 FYE Aug | 2023 *1 FYE Aug | 2024 *1 FYE Aug | 2025 *1 FYE Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | JPY | ¥69bn | ¥79bn | ¥89bn | ¥92bn | ¥99bn | ¥97bn | ¥102bn | ¥119bn | ¥140bn | ¥187bn | ¥201bn | ¥215bn | ¥238bn | ¥258bn | ¥307bn | ¥344bn | ¥393bn | ¥399bn | ¥454bn | ¥510bn | ¥563bn |
| YoY | % | — | +13.5% | +13.0% | +3.2% | +8.0% | -1.9% | +4.9% | +16.7% | +17.5% | +33.3% | +7.5% | +6.9% | +11.0% | +8.4% | +18.7% | — | +14.4% | +1.5% | +13.6% | +12.3% | +10.4% |
| Equity | JPY | ¥54bn | ¥62bn | ¥68bn | ¥70bn | ¥77bn | ¥79bn | ¥84bn | ¥96bn | ¥111bn | ¥129bn | ¥140bn | ¥153bn | ¥170bn | ¥191bn | ¥205bn | ¥181bn | ¥213bn | ¥242bn | ¥264bn | ¥293bn | ¥332bn |
| YoY | % | — | +14.2% | +9.9% | +3.5% | +10.0% | +1.9% | +6.4% | +15.0% | +15.6% | +15.9% | +8.6% | +9.8% | +11.1% | +12.2% | +7.2% | — | +17.5% | +13.8% | +9.1% | +11.0% | +13.2% |
| Interest-bearing debt | JPY | — | — | — | — | — | ¥0.2bn | ¥0.1bn | ¥0.4bn | ¥1.3bn | ¥16bn | ¥8.3bn | ¥3.0bn | ¥2.1bn | ¥1.4bn | ¥5.1bn | ¥76bn | ¥9.6bn | ¥36bn | ¥26bn | ¥15bn | ¥6.7bn |
| Equity ratio | % | 77.6% | 78.1% | 76.0% | 76.1% | 77.5% | 80.5% | 81.7% | 80.5% | 79.2% | 68.8% | 69.5% | 71.4% | 71.5% | 74.0% | 66.8% | 52.7% | 54.1% | 60.7% | 58.2% | 57.6% | 59.0% |
| Change | pp | — | +0.5pp | -2.1pp | +0.1pp | +1.4pp | +3.0pp | +1.2pp | -1.2pp | -1.3pp | -10.4pp | +0.7pp | +1.9pp | +0.1pp | +2.5pp | -7.2pp | — | +1.4pp | +6.6pp | -2.5pp | -0.6pp | +1.4pp |
- *1 Securities report (yuka shoken hokokusho), as filed
Cash flow Operating CF Investing CF Financing CF
Cash generated by operations, spent on investment and raised or repaid in financing (¥ bn)
| Fiscal year | Unit | 2006 *1 FYE Feb | 2007 *1 FYE Feb | 2008 *1 FYE Feb | 2009 *1 FYE Feb | 2010 *1 FYE Feb | 2011 *1 FYE Feb | 2012 *1 FYE Feb | 2013 *1 FYE Feb | 2014 *1 FYE Feb | 2015 *1 FYE Feb | 2016 *1 FYE Feb | 2017 *1 FYE Feb | 2018 *1 FYE Feb | 2019 *1 FYE Feb | 2020 *1 FYE Feb | 2020 *1 FYE Aug | 2021 *1 FYE Aug | 2022 *1 FYE Aug | 2023 *1 FYE Aug | 2024 *1 FYE Aug | 2025 *1 FYE Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | JPY | ¥11bn | ¥11bn | ¥15bn | ¥11bn | ¥12bn | ¥7.2bn | ¥9.7bn | ¥13bn | ¥15bn | ¥15bn | ¥26bn | ¥20bn | ¥47bn | ¥24bn | ¥24bn | -¥1.8bn | ¥61bn | ¥23bn | ¥57bn | ¥59bn | ¥73bn |
| YoY | % | — | +2.5% | +30.8% | -24.4% | +2.0% | -38.0% | +36.0% | +35.4% | +14.7% | -3.3% | +78.8% | -24.5% | +138.0% | -49.6% | +3.3% | — | — | -62.0% | +142.1% | +3.5% | +25.4% |
| Investing CF | JPY | -¥3.3bn | -¥11bn | -¥10bn | -¥11bn | -¥5.1bn | -¥3.4bn | -¥4.7bn | -¥4.9bn | -¥18bn | -¥22bn | -¥8.6bn | -¥9.9bn | -¥14bn | -¥5.5bn | -¥31bn | -¥4.2bn | -¥14bn | -¥17bn | -¥22bn | -¥28bn | -¥41bn |
| Financing CF | JPY | -¥1.0bn | -¥1.9bn | -¥1.0bn | -¥3.1bn | -¥2.8bn | -¥6.1bn | -¥3.1bn | -¥2.5bn | -¥5.4bn | ¥11bn | -¥6.5bn | -¥14bn | -¥22bn | -¥9.5bn | -¥11bn | ¥64bn | -¥15bn | -¥59bn | -¥11bn | -¥23bn | -¥22bn |
| Cash & equivalents | JPY | ¥24bn | ¥23bn | ¥27bn | ¥22bn | ¥26bn | ¥23bn | ¥25bn | ¥31bn | ¥25bn | ¥30bn | ¥41bn | ¥35bn | ¥47bn | ¥54bn | ¥34bn | ¥92bn | ¥135bn | ¥90bn | ¥115bn | ¥126bn | ¥135bn |
| YoY | % | — | -2.7% | +14.2% | -16.9% | +17.5% | -11.0% | +6.9% | +26.3% | -20.4% | +21.9% | +34.7% | -13.8% | +33.7% | +13.6% | -36.7% | — | +47.4% | -33.2% | +27.7% | +9.0% | +7.8% |
- *1 Securities report (yuka shoken hokokusho), as filed
Key ratios Operating margin Net margin ROE Equity ratio
Profitability and balance-sheet strength (%). ROE uses year-end equity.
| Fiscal year | Unit | 2002 *1 FYE Feb | 2003 *1 FYE Feb | 2004 *1 FYE Feb | 2005 *1 FYE Feb | 2006 *1 FYE Feb | 2007 *1 FYE Feb | 2008 *1 FYE Feb | 2009 *1 FYE Feb | 2010 *1 FYE Feb | 2011 *1 FYE Feb | 2012 *1 FYE Feb | 2013 *1 FYE Feb | 2014 *1 FYE Feb | 2015 *1 FYE Feb | 2016 *1 FYE Feb | 2017 *1 FYE Feb | 2018 *1 FYE Feb | 2019 *1 FYE Feb | 2020 *1 FYE Aug | 2021 *1 FYE Aug | 2022 *1 FYE Aug | 2023 *1 FYE Aug | 2024 *1 FYE Aug | 2025 *1 FYE Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | % | — | — | — | — | 10.9% | 10.6% | 11.5% | 10.6% | 8.6% | 8.2% | 8.7% | 9.7% | 9.5% | 9.2% | 11.2% | 11.5% | 12.0% | 10.9% | 0.5% | 9.4% | 6.6% | 5.7% | 8.5% | 9.4% |
| Change | pp | — | — | — | — | — | -0.3pp | +0.9pp | -0.9pp | -2.0pp | -0.4pp | +0.5pp | +1.0pp | -0.2pp | -0.3pp | +2.0pp | +0.3pp | +0.5pp | -1.1pp | -10.4pp | +8.9pp | -2.8pp | -0.9pp | +2.8pp | +0.9pp |
| Net margin | % | 0.0% | 2.0% | 3.9% | 4.9% | 6.7% | 5.9% | 6.6% | 4.3% | 4.6% | 4.6% | 5.0% | 5.8% | 7.7% | 6.4% | 7.1% | 7.8% | 7.9% | 8.3% | -9.5% | 7.5% | 4.9% | 3.8% | 6.3% | 6.5% |
| Change | pp | — | +2.0pp | +1.9pp | +1.0pp | +1.8pp | -0.8pp | +0.7pp | -2.3pp | +0.3pp | 0.0pp | +0.4pp | +0.8pp | +1.9pp | -1.3pp | +0.7pp | +0.7pp | +0.1pp | +0.4pp | -17.8pp | +17.0pp | -2.6pp | -1.1pp | +2.5pp | +0.2pp |
| ROE | % | — | — | — | — | 17.3% | 15.1% | 15.8% | 9.9% | 9.7% | 10.0% | 10.6% | 11.4% | 15.4% | 12.9% | 15.5% | 16.8% | 17.7% | 17.7% | -9.3% | 15.9% | 10.1% | 8.3% | 14.2% | 15.3% |
| Change | pp | — | — | — | — | — | -2.2pp | +0.7pp | -5.9pp | -0.2pp | +0.3pp | +0.6pp | +0.8pp | +4.0pp | -2.5pp | +2.6pp | +1.3pp | +0.9pp | 0.0pp | -27.0pp | +25.2pp | -5.8pp | -1.8pp | +5.9pp | +1.1pp |
| Equity ratio | % | — | — | — | — | 77.6% | 78.1% | 76.0% | 76.1% | 77.5% | 80.5% | 81.7% | 80.5% | 79.2% | 68.8% | 69.5% | 71.4% | 71.5% | 74.0% | 52.7% | 54.1% | 60.7% | 58.2% | 57.6% | 59.0% |
| Change | pp | — | — | — | — | — | +0.5pp | -2.1pp | +0.1pp | +1.4pp | +3.0pp | +1.2pp | -1.2pp | -1.3pp | -10.4pp | +0.7pp | +1.9pp | +0.1pp | +2.5pp | -21.3pp | +1.4pp | +6.6pp | -2.5pp | -0.6pp | +1.4pp |
- *1 Securities report (yuka shoken hokokusho), as filed
Revenue in US dollars Revenue (US$m)
The revenue line above, converted at the average ¥/US$ rate of each figure’s own year — never today’s.
Between 1992–2025, Ryohin Keikaku (Muji)’s revenue grew 30-fold in yen (10.8% a year). Converted at each year’s own average rate, the same span is 25-fold in dollars (10.3% a year), from $208m to $5.2bn. The dollar figure grew more slowly because the yen weakened over the period: part of the growth an investor sees in yen does not survive translation into dollars.
| Fiscal year | Unit | 1992 *4 FYE Feb | 1993 *4 FYE Feb | 1994 *4 FYE Feb | 1995 *4 FYE Feb | 1996 *4 FYE Feb | 1997 *4 FYE Feb | 1998 *4 FYE Feb | 1999 *4 FYE Feb | 2000 *4 FYE Feb | 2001 *4 FYE Feb | 2002 *4 FYE Feb | 2003 *4 FYE Feb | 2004 *4 FYE Feb | 2005 *4 FYE Feb | 2006 *4 FYE Feb | 2007 *4 FYE Feb | 2008 *4 FYE Feb | 2009 *4 FYE Feb | 2010 *4 FYE Feb | 2011 *4 FYE Feb | 2012 *4 FYE Feb | 2013 *4 FYE Feb | 2014 *4 FYE Feb | 2015 *4 FYE Feb | 2016 *4 FYE Feb | 2017 *4 FYE Feb | 2018 *4 FYE Feb | 2019 *4 FYE Feb | 2020 *4 FYE Aug | 2020 *4 FYE Aug | 2021 *4 FYE Aug | 2022 *4 FYE Aug | 2023 *4 FYE Aug | 2024 *4 FYE Aug | 2025 *4 FYE Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | USD | $208m | $246m | $302m | $392m | $439m | $517m | $578m | $819m | $992m | $950m | $956m | $993m | $1.1bn | $1.2bn | $1.2bn | $1.3bn | $1.6bn | $1.7bn | $1.9bn | $2.1bn | $2.2bn | $1.9bn | $2.1bn | $2.1bn | $2.8bn | $3.0bn | $3.4bn | $3.8bn | $4.1bn | $1.7bn | $4.1bn | $3.8bn | $4.1bn | $4.4bn | $5.2bn |
| YoY | % | — | +17.8% | +23.1% | +29.8% | +12.0% | +17.7% | +11.8% | +41.6% | +21.2% | -4.2% | +0.6% | +3.8% | +11.6% | +5.2% | +3.4% | +10.6% | +17.6% | +11.0% | +7.5% | +13.6% | +4.9% | -13.6% | +8.0% | +2.9% | +31.5% | +5.1% | +15.7% | +9.3% | +9.3% | — | +146.6% | -8.6% | +9.6% | +5.5% | +20.1% |
| Revenue as filed | JPY | ¥26bn | ¥27bn | ¥31bn | ¥37bn | ¥48bn | ¥63bn | ¥76bn | ¥93bn | ¥107bn | ¥116bn | ¥120bn | ¥115bn | ¥120bn | ¥128bn | ¥140bn | ¥157bn | ¥162bn | ¥163bn | ¥164bn | ¥170bn | ¥178bn | ¥188bn | ¥221bn | ¥260bn | ¥307bn | ¥333bn | ¥379bn | ¥409bn | ¥438bn | ¥179bn | ¥454bn | ¥496bn | ¥581bn | ¥662bn | ¥785bn |
| Rate applied | ¥/US$ | ¥126.67 | ¥111.18 | ¥102.22 | ¥94.05 | ¥108.77 | ¥121.02 | ¥130.89 | ¥113.84 | ¥107.74 | ¥121.52 | ¥125.28 | ¥115.92 | ¥108.16 | ¥110.15 | ¥116.28 | ¥117.77 | ¥103.33 | ¥93.53 | ¥87.77 | ¥79.78 | ¥79.79 | ¥97.60 | ¥105.84 | ¥121.02 | ¥108.84 | ¥112.16 | ¥110.40 | ¥109.01 | ¥106.78 | ¥106.78 | ¥109.78 | ¥131.37 | ¥140.51 | ¥151.50 | ¥149.65 |
- *1 1949-1971: Fixed Bretton Woods peg ¥360/$ (Dodge Line 1949; Smithsonian ¥308 from Dec 1971).
- *2 1972: Smithsonian peg ¥308/$ (held until Feb 1973 float).
- *3 1973-1979: JIL (Japan Institute for Labour Policy and Training) g0001.xlsx — fiscal-year (Apr–Mar) basis, integer-rounded. PROVISIONAL; upgrade to BOJ FXERM07 calendar-year later.
- *4 1980-2026: Bank of Japan stat-search FM08'FXERM07 (Tokyo market, USD/JPY spot, 17:00 fixing, monthly average) — calendar-year average of monthly averages.
- *5 Provisional — part-year average, not a full calendar year.
Reporting basis
Which accounting standard each stretch of the series was filed under, and whether the accounts are consolidated.
The series crosses 2 reporting regimes — parent-only Japanese GAAP for 1992–1996; and consolidated Japanese GAAP for 1997–2025. Figures are not strictly comparable across a change of basis: consolidation in particular adds subsidiaries that were previously outside the accounts.
| Fiscal years | Standard | Basis | Years |
|---|---|---|---|
| 1992–1996 | Japanese GAAP | parent-only | 5 |
| 1997–2025 | Japanese GAAP | consolidated | 30 |
All figures are in Japanese yen as filed. Where a foreign-currency comparison is needed elsewhere on this site, yen amounts are converted at the average rate of each figure's own year — not today's rate. Exchange rates & sources →
Read the company history → 日本語版（詳細）— full financial data in Japanese →
Data API
Ryohin Keikaku (Muji)’s history, financials, executives and
shareholders are published as static JSON — no key, plain GET.
Full specification →
/api/7453/manifest.json ·/api/7453/history.json ·/api/7453/timeline.json ·/api/7453/decisions.json ·/api/7453/executives.json ·/api/7453/shareholders.json ·/api/7453/financials.json ·/api/7453/financials-longterm.json ·/api/7453/segments.json ·/api/7453/regions.json ·/api/7453/workforce.json · /api/7453/decisions/{slug}.json