Financials
Tokyo Century: FYE Mar 2026 and ten years of results (50 metrics)
FYE Mar 2026 · Revenue¥1.46tnYoY +6.5%
FYE Mar 2026 · Operating profit¥148bnYoY +26.7%
FYE Mar 2026 · Net profit¥111bnYoY +30.5%
FYE Mar 2026 · Equity ratio15.6%YoY +0.5pp
FYE Mar 2026 · Group employees8,583YoY +437
| Fiscal year | Revenue | YoY | Operating profit | YoY | Margin | Net profit | Chief executive | That year |
|---|---|---|---|---|---|---|---|---|
| FYE Mar 2017Consolidated | ¥976bn | n/a | ¥72bn | n/a | 7.4% | ¥44bn | Asada Shunichi | CSI Leasing wholly acquired; renamed Tokyo Century |
| FYE Mar 2018Consolidated | ¥1.01tn | +3.7% | ¥74bn | +2.4% | 7.3% | ¥51bn | Asada Shunichi | 20% of Aviation Capital Group for about <span class="en-history_money" data-yen="50000000000" data-year="2017">$445.8M (¥50bn)</span> |
| FYE Mar 2019Consolidated | ¥1.07tn | +5.5% | ¥78bn | +5.4% | 7.3% | ¥52bn | Asada Shunichi | Reorganised into four business fields |
| FYE Mar 2020Consolidated | ¥1.17tn | +9.3% | ¥88bn | +13.7% | 7.6% | ¥56bn | Asada Shunichi | Aviation Capital Group wholly acquired for about <span class="en-history_money" data-yen="321300000000" data-year="2019">$2.9B (¥321bn)</span> |
| FYE Mar 2021Consolidated | ¥1.20tn | +2.9% | ¥77bn | −12.7% | 6.4% | ¥49bn | Asada Shunichi | NTT alliance; about <span class="en-history_money" data-yen="93800000000" data-year="2020">$878.4M (¥94bn)</span> raised in a share allotment |
| FYE Mar 2022Consolidated | ¥1.28tn | +6.5% | ¥83bn | +7.2% | 6.5% | ¥50bn | Nogami Makoto | — |
| FYE Mar 2023Consolidated | ¥1.32tn | +3.7% | ¥91bn | +10.3% | 6.9% | ¥4.8bn | Nogami Makoto | Eight aircraft stranded in Russia; heavy impairments |
| FYE Mar 2024Consolidated | ¥1.35tn | +1.6% | ¥104bn | +14.3% | 7.7% | ¥72bn | Baba Koichi | Medium-Term Management Plan 2027 announced |
| FYE Mar 2025Consolidated | ¥1.37tn | +1.7% | ¥117bn | +12.3% | 8.6% | ¥85bn | Baba Koichi | Net profit recovers to ¥72.1bn |
| FYE Mar 2026Consolidated | ¥1.46tn | +6.5% | ¥148bn | +26.7% | 10.2% | ¥111bn | Baba Koichi | Record ¥85.2bn net profit; <a class="en-history_person" href="/tse/8439/executives/ceo/fujiwara-koji/" hreflang="ja">Fujiwara Koji</a> becomes president |
How it compares
Orix¥3.33tnFY2025Operating margin 13.7%Mitsubishi HC Capital¥2.22tnFY2025Operating margin 10.9%
Tokyo Century¥1.46tnFY2025Operating margin 10.2%
Mizuho Leasing¥922bnFY2025Operating margin 4.8%Fuyo General Lease¥789bnFY2025Operating margin 5.1%Rikorisu¥312bnFY2024Operating margin 7.0%
Enuishikyapitarusoryushon¥255bnFY2024Operating margin 3.1%
FPG¥130bnFY2025Operating margin 19.6%Japaninbesutomentoadobaiza¥39bnFY2025Operating margin 48.7%
Income statement Revenue, costs, each level of profit and the margins they leave
Where the revenue goes
¥ bnMargins
%Revenue net sales, operating revenue
FYE Mar 2026 ¥1.46tn
CAGR · 10 yrs +4.6%
| Fiscal year | Revenue ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 976 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 1,012 | +3.7% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 1,068 | +5.5% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 1,167 | +9.3% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 1,200 | +2.9% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 1,278 | +6.5% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 1,325 | +3.7% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 1,346 | +1.6% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 1,369 | +1.7% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 1,458 | +6.5% | Cons. · Japanese GAAP |
Cost of sales
FYE Mar 2026 ¥1.13tn
CAGR · 10 yrs +3.6%
| Fiscal year | Cost of sales ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 823 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 849 | +3.1% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 886 | +4.3% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 959 | +8.2% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 999 | +4.2% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 1,071 | +7.2% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 1,099 | +2.7% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 1,093 | −0.6% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 1,088 | −0.4% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 1,129 | +3.8% | Cons. · Japanese GAAP |
Gross profit
FYE Mar 2026 ¥328bn
CAGR · 10 yrs +8.9%
| Fiscal year | Gross profit ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 153 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 163 | +6.8% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 182 | +11.4% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 208 | +14.4% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 201 | −3.3% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 207 | +3.0% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 226 | +8.9% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 253 | +12.3% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 280 | +10.7% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 328 | +17.1% | Cons. · Japanese GAAP |
SG&A selling, general and administrative expenses
FYE Mar 2026 ¥180bn
CAGR · 10 yrs +9.3%
| Fiscal year | SG&A ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 80.8 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 89.5 | +10.7% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 104 | +16.3% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 120 | +15.0% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 124 | +3.5% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 124 | +0.5% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 134 | +8.0% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 149 | +10.9% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 163 | +9.5% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 180 | +10.3% | Cons. · Japanese GAAP |
Operating profit
FYE Mar 2026 ¥148bn
CAGR · 10 yrs +8.4%
| Fiscal year | Operating profit ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 72.0 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 73.7 | +2.4% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 77.7 | +5.4% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 88.3 | +13.7% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 77.2 | −12.7% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 82.7 | +7.2% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 91.2 | +10.3% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 104 | +14.3% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 117 | +12.3% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 148 | +26.7% | Cons. · Japanese GAAP |
Non-operating income
FYE Mar 2026 ¥28bn
CAGR · 10 yrs +26.3%
| Fiscal year | Non-operating income ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 3.4 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 5.9 | +71.2% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 10.0 | +70.3% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 6.1 | −38.5% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 6.7 | +8.7% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 12.2 | +82.9% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 23.2 | +90.0% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 21.7 | −6.6% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 25.5 | +17.7% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 28.0 | +9.8% | Cons. · Japanese GAAP |
Non-operating expenses
FYE Mar 2026 ¥13bn
CAGR · 10 yrs +23.6%
| Fiscal year | Non-operating expenses ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 1.9 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 0.6 | −70.0% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 1.4 | +138.6% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 3.4 | +145.5% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 5.7 | +70.4% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 4.4 | −23.9% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 8.2 | +88.4% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 8.6 | +4.6% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 10.3 | +19.9% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 12.9 | +25.3% | Cons. · Japanese GAAP |
Ordinary profit keijo rieki
FYE Mar 2026 ¥163bn
CAGR · 10 yrs +9.3%
| Fiscal year | Ordinary profit ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 73.5 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 79.0 | +7.5% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 86.3 | +9.2% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 91.1 | +5.5% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 78.1 | −14.3% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 90.5 | +15.9% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 106 | +17.3% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 117 | +10.5% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 132 | +12.8% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 163 | +23.5% | Cons. · Japanese GAAP |
Extraordinary income
FYE Mar 2026 ¥84bn
CAGR · 10 yrs +68.3%
| Fiscal year | Extraordinary income ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 0.8 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 1.1 | +40.7% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 0.9 | −20.6% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 6.5 | +645.9% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 5.6 | −13.7% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 0.6 | −88.7% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 5.4 | +750.6% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 2.1 | −60.5% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 14.5 | +581.4% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 84.1 | +479.8% | Cons. · Japanese GAAP |
Net profit profit attributable to owners of the parent
FYE Mar 2026 ¥111bn
CAGR · 10 yrs +11.0%
| Fiscal year | Net profit ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 43.6 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 51.3 | +17.6% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 52.3 | +1.8% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 56.3 | +7.7% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 49.1 | −12.7% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 50.3 | +2.3% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 4.8 | −90.5% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 72.1 | +1413.9% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 85.3 | +18.2% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 111 | +30.5% | Cons. · Japanese GAAP |
Gross margin
FYE Mar 2026 22.5%
Average · 10 yrs 17.8%
| Fiscal year | Gross margin % | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 15.7 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 16.1 | +0.5pp | Cons. · Japanese GAAP |
| FYE Mar 2019 | 17.0 | +0.9pp | Cons. · Japanese GAAP |
| FYE Mar 2020 | 17.8 | +0.8pp | Cons. · Japanese GAAP |
| FYE Mar 2021 | 16.7 | −1.1pp | Cons. · Japanese GAAP |
| FYE Mar 2022 | 16.2 | −0.5pp | Cons. · Japanese GAAP |
| FYE Mar 2023 | 17.0 | +0.8pp | Cons. · Japanese GAAP |
| FYE Mar 2024 | 18.8 | +1.8pp | Cons. · Japanese GAAP |
| FYE Mar 2025 | 20.5 | +1.7pp | Cons. · Japanese GAAP |
| FYE Mar 2026 | 22.5 | +2.0pp | Cons. · Japanese GAAP |
Operating margin
FYE Mar 2026 10.2%
Average · 10 yrs 7.6%
| Fiscal year | Operating margin % | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 7.4 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 7.3 | −0.1pp | Cons. · Japanese GAAP |
| FYE Mar 2019 | 7.3 | −0.0pp | Cons. · Japanese GAAP |
| FYE Mar 2020 | 7.6 | +0.3pp | Cons. · Japanese GAAP |
| FYE Mar 2021 | 6.4 | −1.1pp | Cons. · Japanese GAAP |
| FYE Mar 2022 | 6.5 | −0.0pp | Cons. · Japanese GAAP |
| FYE Mar 2023 | 6.9 | +0.4pp | Cons. · Japanese GAAP |
| FYE Mar 2024 | 7.7 | +0.9pp | Cons. · Japanese GAAP |
| FYE Mar 2025 | 8.6 | +0.8pp | Cons. · Japanese GAAP |
| FYE Mar 2026 | 10.2 | +1.6pp | Cons. · Japanese GAAP |
Ordinary margin
FYE Mar 2026 11.2%
Average · 10 yrs 8.2%
| Fiscal year | Ordinary margin % | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 7.5 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 7.8 | +0.3pp | Cons. · Japanese GAAP |
| FYE Mar 2019 | 8.1 | +0.3pp | Cons. · Japanese GAAP |
| FYE Mar 2020 | 7.8 | −0.3pp | Cons. · Japanese GAAP |
| FYE Mar 2021 | 6.5 | −1.3pp | Cons. · Japanese GAAP |
| FYE Mar 2022 | 7.1 | +0.6pp | Cons. · Japanese GAAP |
| FYE Mar 2023 | 8.0 | +0.9pp | Cons. · Japanese GAAP |
| FYE Mar 2024 | 8.7 | +0.7pp | Cons. · Japanese GAAP |
| FYE Mar 2025 | 9.7 | +1.0pp | Cons. · Japanese GAAP |
| FYE Mar 2026 | 11.2 | +1.5pp | Cons. · Japanese GAAP |
Net margin
FYE Mar 2026 7.6%
Average · 10 yrs 4.7%
| Fiscal year | Net margin % | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 4.5 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 5.1 | +0.6pp | Cons. · Japanese GAAP |
| FYE Mar 2019 | 4.9 | −0.2pp | Cons. · Japanese GAAP |
| FYE Mar 2020 | 4.8 | −0.1pp | Cons. · Japanese GAAP |
| FYE Mar 2021 | 4.1 | −0.7pp | Cons. · Japanese GAAP |
| FYE Mar 2022 | 3.9 | −0.2pp | Cons. · Japanese GAAP |
| FYE Mar 2023 | 0.4 | −3.6pp | Cons. · Japanese GAAP |
| FYE Mar 2024 | 5.4 | +5.0pp | Cons. · Japanese GAAP |
| FYE Mar 2025 | 6.2 | +0.9pp | Cons. · Japanese GAAP |
| FYE Mar 2026 | 7.6 | +1.4pp | Cons. · Japanese GAAP |
Cost-of-sales ratio
FYE Mar 2026 77.5%
Average · 10 yrs 82.2%
| Fiscal year | Cost-of-sales ratio % | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 84.3 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 83.9 | −0.5pp | Cons. · Japanese GAAP |
| FYE Mar 2019 | 83.0 | −0.9pp | Cons. · Japanese GAAP |
| FYE Mar 2020 | 82.2 | −0.8pp | Cons. · Japanese GAAP |
| FYE Mar 2021 | 83.3 | +1.1pp | Cons. · Japanese GAAP |
| FYE Mar 2022 | 83.8 | +0.5pp | Cons. · Japanese GAAP |
| FYE Mar 2023 | 83.0 | −0.8pp | Cons. · Japanese GAAP |
| FYE Mar 2024 | 81.2 | −1.8pp | Cons. · Japanese GAAP |
| FYE Mar 2025 | 79.5 | −1.7pp | Cons. · Japanese GAAP |
| FYE Mar 2026 | 77.5 | −2.0pp | Cons. · Japanese GAAP |
SG&A ratio
FYE Mar 2026 12.3%
Average · 10 yrs 10.3%
| Fiscal year | SG&A ratio % | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 8.3 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 8.8 | +0.6pp | Cons. · Japanese GAAP |
| FYE Mar 2019 | 9.7 | +0.9pp | Cons. · Japanese GAAP |
| FYE Mar 2020 | 10.3 | +0.5pp | Cons. · Japanese GAAP |
| FYE Mar 2021 | 10.3 | +0.1pp | Cons. · Japanese GAAP |
| FYE Mar 2022 | 9.7 | −0.6pp | Cons. · Japanese GAAP |
| FYE Mar 2023 | 10.1 | +0.4pp | Cons. · Japanese GAAP |
| FYE Mar 2024 | 11.1 | +0.9pp | Cons. · Japanese GAAP |
| FYE Mar 2025 | 11.9 | +0.9pp | Cons. · Japanese GAAP |
| FYE Mar 2026 | 12.3 | +0.4pp | Cons. · Japanese GAAP |
Balance sheet Assets, debt and equity, and what they say about financial strength
What the balance sheet is made of
¥ bnFinancial strength
%Total assets
FYE Mar 2026 ¥7.21tn
CAGR · 10 yrs +8.1%
| Fiscal year | Total assets ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 3,580 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 3,755 | +4.9% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 4,087 | +8.8% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 5,609 | +37.2% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 5,603 | −0.1% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 5,664 | +1.1% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 6,082 | +7.4% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 6,461 | +6.2% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 6,863 | +6.2% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 7,215 | +5.1% | Cons. · Japanese GAAP |
Equity net assets, shareholders' equity
FYE Mar 2026 ¥1.12tn
CAGR · 10 yrs +13.6%
| Fiscal year | Equity ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 356 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 397 | +11.7% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 428 | +7.8% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 557 | +30.0% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 573 | +2.9% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 675 | +17.9% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 764 | +13.1% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 874 | +14.5% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 1,032 | +18.0% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 1,122 | +8.7% | Cons. · Japanese GAAP |
Interest-bearing debt
FYE Mar 2026 ¥2.62tn
CAGR · 10 yrs +8.2%
| Fiscal year | Interest-bearing debt ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 1,285 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 1,299 | +1.1% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 1,378 | +6.1% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 1,866 | +35.5% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 1,886 | +1.1% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 2,099 | +11.3% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 2,178 | +3.8% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 2,438 | +11.9% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 2,727 | +11.8% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 2,620 | −3.9% | Cons. · Japanese GAAP |
Short-term borrowings
FYE Mar 2026 ¥405bn
CAGR · 10 yrs −0.3%
| Fiscal year | Short-term borrowings ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 416 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 429 | +3.0% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 487 | +13.5% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 462 | −5.1% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 229 | −50.4% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 252 | +10.0% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 278 | +10.3% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 413 | +48.5% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 359 | −13.1% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 405 | +12.9% | Cons. · Japanese GAAP |
Long-term borrowings
FYE Mar 2026 ¥2.21tn
CAGR · 10 yrs +11.0%
| Fiscal year | Long-term borrowings ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 869 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 870 | +0.2% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 891 | +2.4% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 1,405 | +57.6% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 1,657 | +18.0% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 1,846 | +11.4% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 1,900 | +2.9% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 2,026 | +6.6% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 2,368 | +16.9% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 2,215 | −6.5% | Cons. · Japanese GAAP |
Intangible assets
FYE Mar 2026 ¥93bn
CAGR · 10 yrs +18.2%
| Fiscal year | Intangible assets ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 20.7 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 26.7 | +29.3% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 46.1 | +72.6% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 116 | +150.5% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 96.1 | −16.8% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 90.2 | −6.1% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 95.5 | +5.8% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 115 | +20.6% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 125 | +8.6% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 93.0 | −25.6% | Cons. · Japanese GAAP |
Goodwill
FYE Mar 2026 ¥56bn
CAGR · 10 yrs +17.1%
| Fiscal year | Goodwill ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 13.6 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 16.9 | +24.0% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 32.7 | +93.7% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 56.2 | +71.7% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 51.5 | −8.2% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 53.3 | +3.4% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 58.1 | +8.9% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 72.9 | +25.6% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 71.9 | −1.4% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 56.2 | −21.8% | Cons. · Japanese GAAP |
Equity ratio
FYE Mar 2026 15.6%
Average · 10 yrs 12.0%
| Fiscal year | Equity ratio % | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 9.9 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 10.6 | +0.6pp | Cons. · Japanese GAAP |
| FYE Mar 2019 | 10.5 | −0.1pp | Cons. · Japanese GAAP |
| FYE Mar 2020 | 9.9 | −0.6pp | Cons. · Japanese GAAP |
| FYE Mar 2021 | 10.2 | +0.3pp | Cons. · Japanese GAAP |
| FYE Mar 2022 | 11.9 | +1.7pp | Cons. · Japanese GAAP |
| FYE Mar 2023 | 12.6 | +0.6pp | Cons. · Japanese GAAP |
| FYE Mar 2024 | 13.5 | +1.0pp | Cons. · Japanese GAAP |
| FYE Mar 2025 | 15.0 | +1.5pp | Cons. · Japanese GAAP |
| FYE Mar 2026 | 15.6 | +0.5pp | Cons. · Japanese GAAP |
Debt-to-equity ratio D/E ratio
FYE Mar 2026 233.4%
Average · 10 yrs 304.7%
| Fiscal year | Debt-to-equity ratio % | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 361.3 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 327.0 | −34.3pp | Cons. · Japanese GAAP |
| FYE Mar 2019 | 321.7 | −5.3pp | Cons. · Japanese GAAP |
| FYE Mar 2020 | 335.3 | +13.6pp | Cons. · Japanese GAAP |
| FYE Mar 2021 | 329.4 | −5.9pp | Cons. · Japanese GAAP |
| FYE Mar 2022 | 310.7 | −18.7pp | Cons. · Japanese GAAP |
| FYE Mar 2023 | 285.3 | −25.4pp | Cons. · Japanese GAAP |
| FYE Mar 2024 | 278.8 | −6.4pp | Cons. · Japanese GAAP |
| FYE Mar 2025 | 264.2 | −14.7pp | Cons. · Japanese GAAP |
| FYE Mar 2026 | 233.4 | −30.7pp | Cons. · Japanese GAAP |
ROE return on equity
FYE Mar 2026 9.9%
Average · 10 yrs 9.1%
| Fiscal year | ROE % | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 12.3 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 12.9 | +0.6pp | Cons. · Japanese GAAP |
| FYE Mar 2019 | 12.2 | −0.7pp | Cons. · Japanese GAAP |
| FYE Mar 2020 | 10.1 | −2.1pp | Cons. · Japanese GAAP |
| FYE Mar 2021 | 8.6 | −1.5pp | Cons. · Japanese GAAP |
| FYE Mar 2022 | 7.4 | −1.1pp | Cons. · Japanese GAAP |
| FYE Mar 2023 | 0.6 | −6.8pp | Cons. · Japanese GAAP |
| FYE Mar 2024 | 8.2 | +7.6pp | Cons. · Japanese GAAP |
| FYE Mar 2025 | 8.3 | −0.0pp | Cons. · Japanese GAAP |
| FYE Mar 2026 | 9.9 | +1.7pp | Cons. · Japanese GAAP |
ROA return on assets
FYE Mar 2026 1.5%
Average · 10 yrs 1.1%
| Fiscal year | ROA % | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 1.2 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 1.4 | +0.1pp | Cons. · Japanese GAAP |
| FYE Mar 2019 | 1.3 | −0.1pp | Cons. · Japanese GAAP |
| FYE Mar 2020 | 1.0 | −0.3pp | Cons. · Japanese GAAP |
| FYE Mar 2021 | 0.9 | −0.1pp | Cons. · Japanese GAAP |
| FYE Mar 2022 | 0.9 | −0.0pp | Cons. · Japanese GAAP |
| FYE Mar 2023 | 0.1 | −0.8pp | Cons. · Japanese GAAP |
| FYE Mar 2024 | 1.1 | +1.0pp | Cons. · Japanese GAAP |
| FYE Mar 2025 | 1.2 | +0.1pp | Cons. · Japanese GAAP |
| FYE Mar 2026 | 1.5 | +0.3pp | Cons. · Japanese GAAP |
Asset turnover
FYE Mar 2026 0.20×
CAGR · 10 yrs −3.3%
| Fiscal year | Asset turnover × | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 0.27 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 0.27 | −1.1% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 0.26 | −3.1% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 0.21 | −20.4% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 0.21 | +3.0% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 0.23 | +5.3% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 0.22 | −3.5% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 0.21 | −4.4% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 0.20 | −4.3% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 0.20 | +1.3% | Cons. · Japanese GAAP |
Cash flow statement Cash from operations, investment and financing, and what is left on hand
The three cash flows
¥ bnCash against debt
¥ bnOperating cash flow
FYE Mar 2026 -¥77bn
Average · 10 yrs -¥3.9bn
| Fiscal year | Operating cash flow ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | -0.7 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 26.4 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2019 | -59.2 | −323.8% | Cons. · Japanese GAAP |
| FYE Mar 2020 | -50.7 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2021 | 51.3 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2022 | 227 | +343.0% | Cons. · Japanese GAAP |
| FYE Mar 2023 | -31.4 | −113.8% | Cons. · Japanese GAAP |
| FYE Mar 2024 | -177 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2025 | 51.4 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2026 | -76.9 | −249.8% | Cons. · Japanese GAAP |
Investing cash flow
FYE Mar 2026 -¥62bn
Average · 10 yrs -¥92bn
| Fiscal year | Investing cash flow ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | -30.1 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | -108 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2019 | -124 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2020 | -315 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2021 | -97.4 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2022 | -16.1 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2023 | -31.3 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2024 | -108 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2025 | -31.5 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2026 | -61.9 | n/a | Cons. · Japanese GAAP |
Financing cash flow
FYE Mar 2026 ¥188bn
CAGR · 10 yrs +23.8%
| Fiscal year | Financing cash flow ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 27.5 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 81.6 | +196.9% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 189 | +131.5% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 523 | +176.7% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 18.9 | −96.4% | Cons. · Japanese GAAP |
| FYE Mar 2022 | -201 | −1163.1% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 6.9 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2024 | 262 | +3681.4% | Cons. · Japanese GAAP |
| FYE Mar 2025 | -43.4 | −116.6% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 188 | n/a | Cons. · Japanese GAAP |
Cash and equivalents
FYE Mar 2026 ¥220bn
CAGR · 10 yrs +11.0%
| Fiscal year | Cash and equivalents ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 85.7 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 86.4 | +0.8% | Cons. · Japanese GAAP |
| FYE Mar 2019 | 89.7 | +3.8% | Cons. · Japanese GAAP |
| FYE Mar 2020 | 250 | +178.7% | Cons. · Japanese GAAP |
| FYE Mar 2021 | 217 | −13.3% | Cons. · Japanese GAAP |
| FYE Mar 2022 | 240 | +10.7% | Cons. · Japanese GAAP |
| FYE Mar 2023 | 201 | −16.1% | Cons. · Japanese GAAP |
| FYE Mar 2024 | 184 | −8.6% | Cons. · Japanese GAAP |
| FYE Mar 2025 | 169 | −8.2% | Cons. · Japanese GAAP |
| FYE Mar 2026 | 220 | +30.1% | Cons. · Japanese GAAP |
Free cash flow
FYE Mar 2026 -¥139bn
Average · 10 yrs -¥96bn
| Fiscal year | FCF ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | -30.7 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | -81.5 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2019 | -183 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2020 | -366 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2021 | -46.1 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2022 | 211 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2023 | -62.7 | −129.7% | Cons. · Japanese GAAP |
| FYE Mar 2024 | -285 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2025 | 19.9 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2026 | -139 | −797.6% | Cons. · Japanese GAAP |
Operating cash flow margin
FYE Mar 2026 -5.3%
Average · 10 yrs -0.2%
| Fiscal year | OCF margin % | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | -0.1 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | 2.6 | +2.7pp | Cons. · Japanese GAAP |
| FYE Mar 2019 | -5.5 | −8.2pp | Cons. · Japanese GAAP |
| FYE Mar 2020 | -4.3 | +1.2pp | Cons. · Japanese GAAP |
| FYE Mar 2021 | 4.3 | +8.6pp | Cons. · Japanese GAAP |
| FYE Mar 2022 | 17.8 | +13.5pp | Cons. · Japanese GAAP |
| FYE Mar 2023 | -2.4 | −20.2pp | Cons. · Japanese GAAP |
| FYE Mar 2024 | -13.1 | −10.8pp | Cons. · Japanese GAAP |
| FYE Mar 2025 | 3.8 | +16.9pp | Cons. · Japanese GAAP |
| FYE Mar 2026 | -5.3 | −9.0pp | Cons. · Japanese GAAP |
Net cash
FYE Mar 2026 -¥2.40tn
Average · 10 yrs -¥1.80tn
| Fiscal year | Net cash ¥ bn | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | -1,199 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2018 | -1,213 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2019 | -1,288 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2020 | -1,616 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2021 | -1,669 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2022 | -1,859 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2023 | -1,977 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2024 | -2,255 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2025 | -2,558 | n/a | Cons. · Japanese GAAP |
| FYE Mar 2026 | -2,400 | n/a | Cons. · Japanese GAAP |
Shares and share price Shares outstanding, price, market capitalisation and the valuation multiples
Market capitalisation
FYE Mar 2026 ¥991bn
Change · 10 yrs +¥587bn
| Fiscal year | Market capitalisation ¥ bn | Basis |
|---|---|---|
| FYE Mar 2017 | 404 | n/a |
| FYE Mar 2018 | 703 | n/a |
| FYE Mar 2019 | 513 | n/a |
| FYE Mar 2020 | 417 | n/a |
| FYE Mar 2021 | 915 | n/a |
| FYE Mar 2022 | 555 | n/a |
| FYE Mar 2023 | 542 | n/a |
| FYE Mar 2024 | 781 | n/a |
| FYE Mar 2025 | 719 | n/a |
| FYE Mar 2026 | 991 | n/a |
Share price year-end close
FYE Mar 2026 2,014¥
Change · 10 yrs −1,778¥
| Fiscal year | Share price ¥ | Basis |
|---|---|---|
| FYE Mar 2017 | 3,792 | n/a |
| FYE Mar 2018 | 6,591 | n/a |
| FYE Mar 2019 | 4,816 | n/a |
| FYE Mar 2020 | 3,386 | n/a |
| FYE Mar 2021 | 7,439 | n/a |
| FYE Mar 2022 | 4,515 | n/a |
| FYE Mar 2023 | 4,406 | n/a |
| FYE Mar 2024 | 1,587 | n/a |
| FYE Mar 2025 | 1,461 | n/a |
| FYE Mar 2026 | 2,014 | n/a |
EPS earnings per share
FYE Mar 2026 227.82¥
Change · 10 yrs −185.69¥
| Fiscal year | EPS ¥ | Basis |
|---|---|---|
| FYE Mar 2017 | 413.51 | Cons. |
| FYE Mar 2018 | 486.09 | Cons. |
| FYE Mar 2019 | 494.93 | Cons. |
| FYE Mar 2020 | 131.24 | Cons. |
| FYE Mar 2021 | 100.64 | Cons. |
| FYE Mar 2022 | 102.89 | Cons. |
| FYE Mar 2023 | 9.74 | Cons. |
| FYE Mar 2024 | 147.32 | Cons. |
| FYE Mar 2025 | 174.51 | Cons. |
| FYE Mar 2026 | 227.82 | Cons. |
BPS book value per share
FYE Mar 2026 2,280.53¥
Change · 10 yrs −1,054.97¥
| Fiscal year | BPS ¥ | Basis |
|---|---|---|
| FYE Mar 2017 | 3,335.50 | Cons. · Japanese GAAP |
| FYE Mar 2018 | 3,725.14 | Cons. · Japanese GAAP |
| FYE Mar 2019 | 4,016.69 | Cons. · Japanese GAAP |
| FYE Mar 2020 | 4,524.91 | Cons. · Japanese GAAP |
| FYE Mar 2021 | 4,654.85 | Cons. · Japanese GAAP |
| FYE Mar 2022 | 5,490.27 | Cons. · Japanese GAAP |
| FYE Mar 2023 | 6,207.01 | Cons. · Japanese GAAP |
| FYE Mar 2024 | 1,776.97 | Cons. · Japanese GAAP |
| FYE Mar 2025 | 2,097.39 | Cons. · Japanese GAAP |
| FYE Mar 2026 | 2,280.53 | Cons. · Japanese GAAP |
PER price-to-earnings ratio
FYE Mar 2026 8.84×
Average · 10 yrs 20.94×
| Fiscal year | PER × | Basis |
|---|---|---|
| FYE Mar 2017 | 9.17 | Cons. |
| FYE Mar 2018 | 13.56 | Cons. |
| FYE Mar 2019 | 9.73 | Cons. |
| FYE Mar 2020 | 6.45 | Cons. |
| FYE Mar 2021 | 18.48 | Cons. |
| FYE Mar 2022 | 10.97 | Cons. |
| FYE Mar 2023 | 113.09 | Cons. |
| FYE Mar 2024 | 10.77 | Cons. |
| FYE Mar 2025 | 8.37 | Cons. |
| FYE Mar 2026 | 8.84 | Cons. |
PBR price-to-book ratio
FYE Mar 2026 0.88×
Average · 10 yrs 1.04×
| Fiscal year | PBR × | Basis |
|---|---|---|
| FYE Mar 2017 | 1.13 | Cons. |
| FYE Mar 2018 | 1.76 | Cons. |
| FYE Mar 2019 | 1.19 | Cons. |
| FYE Mar 2020 | 0.75 | Cons. |
| FYE Mar 2021 | 1.59 | Cons. |
| FYE Mar 2022 | 0.82 | Cons. |
| FYE Mar 2023 | 0.71 | Cons. |
| FYE Mar 2024 | 0.89 | Cons. |
| FYE Mar 2025 | 0.69 | Cons. |
| FYE Mar 2026 | 0.88 | Cons. |
Workforce and productivity Headcount, pay and what each employee accounts for
Group employees
FYE Mar 2026 8,583people
Change · 10 yrs +3,153 people
| Fiscal year | Group employees people | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 5,430 | n/a | Cons. |
| FYE Mar 2018 | 6,035 | +11.1% | Cons. |
| FYE Mar 2019 | 7,016 | +16.3% | Cons. |
| FYE Mar 2020 | 7,365 | +5.0% | Cons. |
| FYE Mar 2021 | 7,438 | +1.0% | Cons. |
| FYE Mar 2022 | 7,634 | +2.6% | Cons. |
| FYE Mar 2023 | 7,878 | +3.2% | Cons. |
| FYE Mar 2024 | 7,876 | −0.0% | Cons. |
| FYE Mar 2025 | 8,146 | +3.4% | Cons. |
| FYE Mar 2026 | 8,583 | +5.4% | Cons. |
Parent-company employees
FYE Mar 2026 1,101people
Change · 10 yrs +69 people
| Fiscal year | Parent-company employees people | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 1,032 | n/a | Parent |
| FYE Mar 2018 | 1,016 | −1.6% | Parent |
| FYE Mar 2019 | 989 | −2.7% | Parent |
| FYE Mar 2020 | 927 | −6.3% | Parent |
| FYE Mar 2021 | 917 | −1.1% | Parent |
| FYE Mar 2022 | 919 | +0.2% | Parent |
| FYE Mar 2023 | 953 | +3.7% | Parent |
| FYE Mar 2024 | 1,037 | +8.8% | Parent |
| FYE Mar 2025 | 1,070 | +3.2% | Parent |
| FYE Mar 2026 | 1,101 | +2.9% | Parent |
Average annual pay parent company
FYE Mar 2026 932万円
Change · 8 yrs +95万円
| Fiscal year | Average annual pay 万円 | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | n/a | n/a | Parent |
| FYE Mar 2018 | n/a | n/a | Parent |
| FYE Mar 2019 | 836 | n/a | Parent |
| FYE Mar 2020 | 847 | +1.3% | Parent |
| FYE Mar 2021 | 857 | +1.1% | Parent |
| FYE Mar 2022 | 864 | +0.8% | Parent |
| FYE Mar 2023 | 860 | −0.5% | Parent |
| FYE Mar 2024 | 878 | +2.1% | Parent |
| FYE Mar 2025 | 901 | +2.7% | Parent |
| FYE Mar 2026 | 932 | +3.4% | Parent |
Average age
FYE Mar 2026 43.0years
Change · 8 yrs +0.4 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 | 42.6 | n/a | Parent |
| FYE Mar 2020 | 43.0 | +0.9% | Parent |
| FYE Mar 2021 | 43.3 | +0.7% | Parent |
| FYE Mar 2022 | 43.9 | +1.4% | Parent |
| FYE Mar 2023 | 43.7 | −0.5% | Parent |
| FYE Mar 2024 | 44.1 | +0.9% | Parent |
| FYE Mar 2025 | 43.7 | −0.9% | Parent |
| FYE Mar 2026 | 43.0 | −1.6% | Parent |
Average length of service
FYE Mar 2026 16.0years
Change · 8 yrs −0.8 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 | 16.8 | n/a | Parent |
| FYE Mar 2020 | 16.9 | +0.6% | Parent |
| FYE Mar 2021 | 17.1 | +1.2% | Parent |
| FYE Mar 2022 | 17.2 | +0.6% | Parent |
| FYE Mar 2023 | 16.8 | −2.3% | Parent |
| FYE Mar 2024 | 17.2 | +2.4% | Parent |
| FYE Mar 2025 | 16.6 | −3.5% | Parent |
| FYE Mar 2026 | 16.0 | −3.6% | Parent |
Temporary employees
FYE Mar 2026 4,861people
Change · 10 yrs +2,008 people
| Fiscal year | Temporary employees people | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 2,853 | n/a | n/a |
| FYE Mar 2018 | 3,288 | +15.2% | n/a |
| FYE Mar 2019 | 4,556 | +38.6% | n/a |
| FYE Mar 2020 | 5,339 | +17.2% | n/a |
| FYE Mar 2021 | 5,014 | −6.1% | n/a |
| FYE Mar 2022 | 4,756 | −5.1% | n/a |
| FYE Mar 2023 | 4,754 | −0.0% | n/a |
| FYE Mar 2024 | 4,870 | +2.4% | n/a |
| FYE Mar 2025 | 4,898 | +0.6% | n/a |
| FYE Mar 2026 | 4,861 | −0.8% | n/a |
Revenue per employee
FYE Mar 2026 ¥170m
Change · 10 yrs −¥9.9m
| Fiscal year | Revenue per employee ¥ m | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 180 | n/a | Cons. |
| FYE Mar 2018 | 168 | −6.7% | Cons. |
| FYE Mar 2019 | 152 | −9.3% | Cons. |
| FYE Mar 2020 | 158 | +4.1% | Cons. |
| FYE Mar 2021 | 161 | +1.9% | Cons. |
| FYE Mar 2022 | 167 | +3.7% | Cons. |
| FYE Mar 2023 | 168 | +0.5% | Cons. |
| FYE Mar 2024 | 171 | +1.6% | Cons. |
| FYE Mar 2025 | 168 | −1.7% | Cons. |
| FYE Mar 2026 | 170 | +1.1% | Cons. |
Operating profit per employee
FYE Mar 2026 ¥17.3m
Change · 10 yrs +¥4.0m
| Fiscal year | OP per employee ¥ m | YoY | Basis |
|---|---|---|---|
| FYE Mar 2017 | 13.3 | n/a | Cons. |
| FYE Mar 2018 | 12.2 | −7.8% | Cons. |
| FYE Mar 2019 | 11.1 | −9.3% | Cons. |
| FYE Mar 2020 | 12.0 | +8.3% | Cons. |
| FYE Mar 2021 | 10.4 | −13.5% | Cons. |
| FYE Mar 2022 | 10.8 | +4.4% | Cons. |
| FYE Mar 2023 | 11.6 | +6.9% | Cons. |
| FYE Mar 2024 | 13.2 | +14.3% | Cons. |
| FYE Mar 2025 | 14.4 | +8.6% | Cons. |
| FYE Mar 2026 | 17.3 | +20.2% | Cons. |
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
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