Financials

Sundrug: FYE Mar 2026 and ten years of results (49 metrics)

FYE Mar 2026 · Revenue¥843bnYoY +5.1%

FYE Mar 2026 · Operating profit¥47bnYoY +5.2%

FYE Mar 2026 · Net profit¥31bnYoY +2.1%

FYE Mar 2026 · Equity ratio60.1%YoY −0.6pp

FYE Mar 2026 · Group employees7,457YoY +312

Fiscal year	Revenue	YoY	Operating profit	YoY	Margin	Net profit	Chief executive	That year
FYE Mar 2017Consolidated	¥528bn	n/a	¥34bn	n/a	6.4%	¥23bn	Akao Kimiya	—
FYE Mar 2018Consolidated	¥564bn	+6.8%	¥36bn	+5.9%	6.4%	¥25bn	Akao Kimiya	—
FYE Mar 2019Consolidated	¥588bn	+4.2%	¥35bn	−2.3%	6.0%	¥24bn	Akao Kimiya	Akao dies in office; Saizu returns as interim president
FYE Mar 2020Consolidated	¥618bn	+5.1%	¥37bn	+3.9%	5.9%	¥24bn	Akao Kimiya	Koji Sadakata becomes president
FYE Mar 2021Consolidated	¥634bn	+2.7%	¥37bn	+2.0%	5.9%	¥25bn	Sadakata Koji	—
FYE Mar 2022Consolidated	¥649bn	+2.3%	¥34bn	−8.8%	5.2%	¥24bn	Sadakata Koji	—
FYE Mar 2023Consolidated	¥690bn	+6.4%	¥37bn	+10.0%	5.4%	¥26bn	Sadakata Koji	Moves to the TSE Prime Market
FYE Mar 2024Consolidated	¥752bn	+8.9%	¥41bn	+9.5%	5.5%	¥29bn	Sadakata Koji	Capital tie-up with BCPE Knight Holdings
FYE Mar 2025Consolidated	¥802bn	+6.7%	¥44bn	+8.5%	5.5%	¥31bn	Sadakata Koji	Takes a 33.4% stake in Kirindo Holdings — an equity-method affiliate
FYE Mar 2026Consolidated	¥843bn	+5.1%	¥47bn	+5.2%	5.6%	¥31bn	Sadakata Koji	—

How it compares

Tsuruha Holdings¥1.45tnFY2025Operating margin 4.3%

Welcia HoldingsDelisted 2025

Matsukiyococokara & Co.¥1.12tnFY2025Operating margin 7.6%Cosmos Pharmaceutical¥1.10tnFY2026Operating margin 3.9%Sugi Holdings¥1.01tnFY2025Operating margin 4.8%

Sundrug¥843bnFY2025Operating margin 5.6%

AIN HOLDINGS INC.¥648bnFY2026Operating margin 4.6%

Kusuri no Aoki Holdings¥567bnFY2026Operating margin 4.8%Create SD Holdings¥497bnFY2026Operating margin 4.8%

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

Where the revenue goes

¥ bn

Cost of sales SG&A Operating profit

Margins

Gross margin Operating margin Ordinary margin Net margin

Revenue net sales, operating revenue

FYE Mar 2026 ¥843bn

CAGR · 10 yrs +5.3%

Fiscal year	Revenue ¥ bn	YoY	Basis
FYE Mar 2017	528	n/a	Cons. · Japanese GAAP
FYE Mar 2018	564	+6.8%	Cons. · Japanese GAAP
FYE Mar 2019	588	+4.2%	Cons. · Japanese GAAP
FYE Mar 2020	618	+5.1%	Cons. · Japanese GAAP
FYE Mar 2021	634	+2.7%	Cons. · Japanese GAAP
FYE Mar 2022	649	+2.3%	Cons. · Japanese GAAP
FYE Mar 2023	690	+6.4%	Cons. · Japanese GAAP
FYE Mar 2024	752	+8.9%	Cons. · Japanese GAAP
FYE Mar 2025	802	+6.7%	Cons. · Japanese GAAP
FYE Mar 2026	843	+5.1%	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 ¥626bn

CAGR · 10 yrs +5.2%

Fiscal year	Cost of sales ¥ bn	YoY	Basis
FYE Mar 2017	398	n/a	Cons. · Japanese GAAP
FYE Mar 2018	423	+6.4%	Cons. · Japanese GAAP
FYE Mar 2019	441	+4.2%	Cons. · Japanese GAAP
FYE Mar 2020	463	+5.0%	Cons. · Japanese GAAP
FYE Mar 2021	476	+2.7%	Cons. · Japanese GAAP
FYE Mar 2022	492	+3.5%	Cons. · Japanese GAAP
FYE Mar 2023	519	+5.3%	Cons. · Japanese GAAP
FYE Mar 2024	562	+8.5%	Cons. · Japanese GAAP
FYE Mar 2025	598	+6.3%	Cons. · Japanese GAAP
FYE Mar 2026	626	+4.8%	Cons. · Japanese GAAP

Definition: The cost of what was sold
Formula: Cost of sales line of the income statement
Source: Securities report (XBRL)

Gross profit

FYE Mar 2026 ¥216bn

CAGR · 10 yrs +5.7%

Fiscal year	Gross profit ¥ bn	YoY	Basis
FYE Mar 2017	131	n/a	Cons. · Japanese GAAP
FYE Mar 2018	141	+7.8%	Cons. · Japanese GAAP
FYE Mar 2019	147	+4.4%	Cons. · Japanese GAAP
FYE Mar 2020	155	+5.1%	Cons. · Japanese GAAP
FYE Mar 2021	159	+2.5%	Cons. · Japanese GAAP
FYE Mar 2022	157	−1.3%	Cons. · Japanese GAAP
FYE Mar 2023	172	+9.9%	Cons. · Japanese GAAP
FYE Mar 2024	189	+10.1%	Cons. · Japanese GAAP
FYE Mar 2025	204	+7.8%	Cons. · Japanese GAAP
FYE Mar 2026	216	+5.9%	Cons. · Japanese GAAP

Definition: What the product or service itself earns
Formula: Revenue − cost of sales
Source: Securities report (XBRL)

SG&A selling, general and administrative expenses

FYE Mar 2026 ¥169bn

CAGR · 10 yrs +6.4%

Fiscal year	SG&A ¥ bn	YoY	Basis
FYE Mar 2017	96.7	n/a	Cons. · Japanese GAAP
FYE Mar 2018	105	+8.5%	Cons. · Japanese GAAP
FYE Mar 2019	112	+6.7%	Cons. · Japanese GAAP
FYE Mar 2020	118	+5.4%	Cons. · Japanese GAAP
FYE Mar 2021	121	+2.7%	Cons. · Japanese GAAP
FYE Mar 2022	122	+1.0%	Cons. · Japanese GAAP
FYE Mar 2023	134	+9.8%	Cons. · Japanese GAAP
FYE Mar 2024	148	+10.3%	Cons. · Japanese GAAP
FYE Mar 2025	160	+7.6%	Cons. · Japanese GAAP
FYE Mar 2026	169	+6.1%	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 ¥47bn

CAGR · 10 yrs +3.6%

Fiscal year	Operating profit ¥ bn	YoY	Basis
FYE Mar 2017	34.1	n/a	Cons. · Japanese GAAP
FYE Mar 2018	36.1	+5.9%	Cons. · Japanese GAAP
FYE Mar 2019	35.2	−2.3%	Cons. · Japanese GAAP
FYE Mar 2020	36.6	+3.9%	Cons. · Japanese GAAP
FYE Mar 2021	37.3	+2.0%	Cons. · Japanese GAAP
FYE Mar 2022	34.1	−8.8%	Cons. · Japanese GAAP
FYE Mar 2023	37.5	+10.0%	Cons. · Japanese GAAP
FYE Mar 2024	41.0	+9.5%	Cons. · Japanese GAAP
FYE Mar 2025	44.5	+8.5%	Cons. · Japanese GAAP
FYE Mar 2026	46.8	+5.2%	Cons. · Japanese GAAP

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

Non-operating income

FYE Mar 2026 ¥1.1bn

CAGR · 10 yrs +2.7%

Fiscal year	Non-operating income ¥ bn	YoY	Basis
FYE Mar 2017	0.8	n/a	Cons. · Japanese GAAP
FYE Mar 2018	0.7	−12.5%	Cons. · Japanese GAAP
FYE Mar 2019	0.6	−19.6%	Cons. · Japanese GAAP
FYE Mar 2020	0.6	−1.7%	Cons. · Japanese GAAP
FYE Mar 2021	0.9	+56.4%	Cons. · Japanese GAAP
FYE Mar 2022	0.7	−22.1%	Cons. · Japanese GAAP
FYE Mar 2023	0.7	+4.6%	Cons. · Japanese GAAP
FYE Mar 2024	0.8	+9.1%	Cons. · Japanese GAAP
FYE Mar 2025	1.1	+36.3%	Cons. · Japanese GAAP
FYE Mar 2026	1.1	−2.6%	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 ¥1.7bn

CAGR · 10 yrs +80.9%

Fiscal year	Non-operating expenses ¥ bn	YoY	Basis
FYE Mar 2017	0.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	0.0	−0.0%	Cons. · Japanese GAAP
FYE Mar 2019	0.0	+50.0%	Cons. · Japanese GAAP
FYE Mar 2020	0.0	+16.7%	Cons. · Japanese GAAP
FYE Mar 2021	0.0	−50.0%	Cons. · Japanese GAAP
FYE Mar 2022	0.0	+42.9%	Cons. · Japanese GAAP
FYE Mar 2023	0.0	+330.0%	Cons. · Japanese GAAP
FYE Mar 2024	0.1	+37.2%	Cons. · Japanese GAAP
FYE Mar 2025	1.7	+2845.8%	Cons. · Japanese GAAP
FYE Mar 2026	1.7	−4.4%	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 ¥46bn

CAGR · 10 yrs +3.2%

Fiscal year	Ordinary profit ¥ bn	YoY	Basis
FYE Mar 2017	34.9	n/a	Cons. · Japanese GAAP
FYE Mar 2018	36.8	+5.5%	Cons. · Japanese GAAP
FYE Mar 2019	35.8	−2.7%	Cons. · Japanese GAAP
FYE Mar 2020	37.2	+3.8%	Cons. · Japanese GAAP
FYE Mar 2021	38.2	+2.9%	Cons. · Japanese GAAP
FYE Mar 2022	34.7	−9.1%	Cons. · Japanese GAAP
FYE Mar 2023	38.1	+9.8%	Cons. · Japanese GAAP
FYE Mar 2024	41.7	+9.4%	Cons. · Japanese GAAP
FYE Mar 2025	43.8	+5.0%	Cons. · Japanese GAAP
FYE Mar 2026	46.2	+5.4%	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 ¥604m

CAGR · 10 yrs −0.6%

Fiscal year	Extraordinary income ¥ m	YoY	Basis
FYE Mar 2017	636	n/a	Cons. · Japanese GAAP
FYE Mar 2018	249	−60.8%	Cons. · Japanese GAAP
FYE Mar 2019	82.0	−67.1%	Cons. · Japanese GAAP
FYE Mar 2020	213	+159.8%	Cons. · Japanese GAAP
FYE Mar 2021	255	+19.7%	Cons. · Japanese GAAP
FYE Mar 2022	459	+80.0%	Cons. · Japanese GAAP
FYE Mar 2023	660	+43.8%	Cons. · Japanese GAAP
FYE Mar 2024	610	−7.6%	Cons. · Japanese GAAP
FYE Mar 2025	796	+30.5%	Cons. · Japanese GAAP
FYE Mar 2026	604	−24.1%	Cons. · Japanese GAAP

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

Net profit profit attributable to owners of the parent

FYE Mar 2026 ¥31bn

CAGR · 10 yrs +3.4%

Fiscal year	Net profit ¥ bn	YoY	Basis
FYE Mar 2017	23.3	n/a	Cons. · Japanese GAAP
FYE Mar 2018	24.8	+6.5%	Cons. · Japanese GAAP
FYE Mar 2019	23.9	−3.6%	Cons. · Japanese GAAP
FYE Mar 2020	23.7	−1.0%	Cons. · Japanese GAAP
FYE Mar 2021	25.3	+6.9%	Cons. · Japanese GAAP
FYE Mar 2022	23.9	−5.8%	Cons. · Japanese GAAP
FYE Mar 2023	25.7	+7.8%	Cons. · Japanese GAAP
FYE Mar 2024	29.1	+13.3%	Cons. · Japanese GAAP
FYE Mar 2025	30.8	+5.6%	Cons. · Japanese GAAP
FYE Mar 2026	31.4	+2.1%	Cons. · Japanese GAAP

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

Gross margin

FYE Mar 2026 25.7%

Average · 10 yrs 25.0%

Fiscal year	Gross margin %	YoY	Basis
FYE Mar 2017	24.7	n/a	Cons. · Japanese GAAP
FYE Mar 2018	25.0	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2019	25.0	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2020	25.0	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2021	25.0	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2022	24.1	−0.9pp	Cons. · Japanese GAAP
FYE Mar 2023	24.9	+0.8pp	Cons. · Japanese GAAP
FYE Mar 2024	25.2	+0.3pp	Cons. · Japanese GAAP
FYE Mar 2025	25.5	+0.3pp	Cons. · Japanese GAAP
FYE Mar 2026	25.7	+0.2pp	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 5.6%

Average · 10 yrs 5.8%

Fiscal year	Operating margin %	YoY	Basis
FYE Mar 2017	6.4	n/a	Cons. · Japanese GAAP
FYE Mar 2018	6.4	−0.1pp	Cons. · Japanese GAAP
FYE Mar 2019	6.0	−0.4pp	Cons. · Japanese GAAP
FYE Mar 2020	5.9	−0.1pp	Cons. · Japanese GAAP
FYE Mar 2021	5.9	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2022	5.2	−0.6pp	Cons. · Japanese GAAP
FYE Mar 2023	5.4	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2024	5.5	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2025	5.5	+0.1pp	Cons. · Japanese GAAP
FYE Mar 2026	5.6	−0.0pp	Cons. · Japanese GAAP

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

Ordinary margin

FYE Mar 2026 5.5%

Average · 10 yrs 5.9%

Fiscal year	Ordinary margin %	YoY	Basis
FYE Mar 2017	6.6	n/a	Cons. · Japanese GAAP
FYE Mar 2018	6.5	−0.1pp	Cons. · Japanese GAAP
FYE Mar 2019	6.1	−0.4pp	Cons. · Japanese GAAP
FYE Mar 2020	6.0	−0.1pp	Cons. · Japanese GAAP
FYE Mar 2021	6.0	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2022	5.4	−0.7pp	Cons. · Japanese GAAP
FYE Mar 2023	5.5	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2024	5.6	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2025	5.5	−0.1pp	Cons. · Japanese GAAP
FYE Mar 2026	5.5	−0.0pp	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 3.7%

Average · 10 yrs 4.0%

Fiscal year	Net margin %	YoY	Basis
FYE Mar 2017	4.4	n/a	Cons. · Japanese GAAP
FYE Mar 2018	4.4	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2019	4.1	−0.3pp	Cons. · Japanese GAAP
FYE Mar 2020	3.8	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2021	4.0	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2022	3.7	−0.3pp	Cons. · Japanese GAAP
FYE Mar 2023	3.7	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2024	3.9	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2025	3.8	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2026	3.7	−0.1pp	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 74.3%

Average · 10 yrs 75.0%

Fiscal year	Cost-of-sales ratio %	YoY	Basis
FYE Mar 2017	75.3	n/a	Cons. · Japanese GAAP
FYE Mar 2018	75.0	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2019	75.0	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2020	75.0	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2021	75.0	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2022	75.9	+0.9pp	Cons. · Japanese GAAP
FYE Mar 2023	75.1	−0.8pp	Cons. · Japanese GAAP
FYE Mar 2024	74.8	−0.3pp	Cons. · Japanese GAAP
FYE Mar 2025	74.5	−0.3pp	Cons. · Japanese GAAP
FYE Mar 2026	74.3	−0.2pp	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 20.1%

Average · 10 yrs 19.2%

Fiscal year	SG&A ratio %	YoY	Basis
FYE Mar 2017	18.3	n/a	Cons. · Japanese GAAP
FYE Mar 2018	18.6	+0.3pp	Cons. · Japanese GAAP
FYE Mar 2019	19.0	+0.4pp	Cons. · Japanese GAAP
FYE Mar 2020	19.1	+0.1pp	Cons. · Japanese GAAP
FYE Mar 2021	19.1	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2022	18.9	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2023	19.5	+0.6pp	Cons. · Japanese GAAP
FYE Mar 2024	19.7	+0.3pp	Cons. · Japanese GAAP
FYE Mar 2025	19.9	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2026	20.1	+0.2pp	Cons. · Japanese GAAP

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

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

What the balance sheet is made of

¥ bn

Equity Liabilities and non-controlling interests

Financial strength

Equity ratio Debt-to-equity

Total assets

FYE Mar 2026 ¥476bn

CAGR · 10 yrs +8.9%

Fiscal year	Total assets ¥ bn	YoY	Basis
FYE Mar 2017	221	n/a	Cons. · Japanese GAAP
FYE Mar 2018	247	+11.6%	Cons. · Japanese GAAP
FYE Mar 2019	262	+6.3%	Cons. · Japanese GAAP
FYE Mar 2020	284	+8.4%	Cons. · Japanese GAAP
FYE Mar 2021	309	+8.5%	Cons. · Japanese GAAP
FYE Mar 2022	326	+5.6%	Cons. · Japanese GAAP
FYE Mar 2023	361	+10.7%	Cons. · Japanese GAAP
FYE Mar 2024	420	+16.5%	Cons. · Japanese GAAP
FYE Mar 2025	444	+5.7%	Cons. · Japanese GAAP
FYE Mar 2026	476	+7.1%	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 ¥286bn

CAGR · 10 yrs +8.6%

Fiscal year	Equity ¥ bn	YoY	Basis
FYE Mar 2017	136	n/a	Cons. · Japanese GAAP
FYE Mar 2018	155	+13.6%	Cons. · Japanese GAAP
FYE Mar 2019	171	+10.5%	Cons. · Japanese GAAP
FYE Mar 2020	187	+9.2%	Cons. · Japanese GAAP
FYE Mar 2021	205	+9.8%	Cons. · Japanese GAAP
FYE Mar 2022	221	+7.5%	Cons. · Japanese GAAP
FYE Mar 2023	236	+7.1%	Cons. · Japanese GAAP
FYE Mar 2024	253	+7.1%	Cons. · Japanese GAAP
FYE Mar 2025	270	+6.6%	Cons. · Japanese GAAP
FYE Mar 2026	286	+6.0%	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 ¥43bn

Average · 4 yrs ¥28bn

Fiscal year	Interest-bearing debt ¥ 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	n/a	n/a	Cons. · Japanese GAAP
FYE Mar 2020	n/a	n/a	Cons. · Japanese GAAP
FYE Mar 2021	n/a	n/a	Cons. · Japanese GAAP
FYE Mar 2022	n/a	n/a	Cons. · Japanese GAAP
FYE Mar 2023	0.0	n/a	Cons. · Japanese GAAP
FYE Mar 2024	35.0	n/a	Cons. · Japanese GAAP
FYE Mar 2025	34.9	−0.4%	Cons. · Japanese GAAP
FYE Mar 2026	43.1	+23.5%	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 ¥1.0bn

CAGR · 3 yrs −83.1%

Fiscal year	Short-term borrowings ¥ 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	n/a	n/a	Cons. · Japanese GAAP
FYE Mar 2020	n/a	n/a	Cons. · Japanese GAAP
FYE Mar 2021	n/a	n/a	Cons. · Japanese GAAP
FYE Mar 2022	n/a	n/a	Cons. · Japanese GAAP
FYE Mar 2023	n/a	n/a	Cons. · Japanese GAAP
FYE Mar 2024	35.0	n/a	Cons. · Japanese GAAP
FYE Mar 2025	1.0	−97.1%	Cons. · Japanese GAAP
FYE Mar 2026	1.0	−0.0%	Cons. · Japanese GAAP

Definition: Borrowings repayable within a year
Formula: Short-term borrowings line of the balance sheet
Source: Securities report (XBRL)

Intangible assets

FYE Mar 2026 ¥8.1bn

CAGR · 10 yrs +6.2%

Fiscal year	Intangible assets ¥ bn	YoY	Basis
FYE Mar 2017	4.7	n/a	Cons. · Japanese GAAP
FYE Mar 2018	4.7	+0.7%	Cons. · Japanese GAAP
FYE Mar 2019	4.6	−2.1%	Cons. · Japanese GAAP
FYE Mar 2020	5.1	+10.5%	Cons. · Japanese GAAP
FYE Mar 2021	5.3	+3.4%	Cons. · Japanese GAAP
FYE Mar 2022	6.0	+12.3%	Cons. · Japanese GAAP
FYE Mar 2023	9.1	+52.9%	Cons. · Japanese GAAP
FYE Mar 2024	9.1	+0.4%	Cons. · Japanese GAAP
FYE Mar 2025	8.7	−5.2%	Cons. · Japanese GAAP
FYE Mar 2026	8.1	−6.6%	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 ¥1.3bn

CAGR · 10 yrs +17.6%

Fiscal year	Goodwill ¥ bn	YoY	Basis
FYE Mar 2017	0.3	n/a	Cons. · Japanese GAAP
FYE Mar 2018	0.2	−31.3%	Cons. · Japanese GAAP
FYE Mar 2019	0.1	−55.0%	Cons. · Japanese GAAP
FYE Mar 2020	0.0	−68.4%	Cons. · Japanese GAAP
FYE Mar 2021	0.0	−46.7%	Cons. · Japanese GAAP
FYE Mar 2022	0.0	−87.5%	Cons. · Japanese GAAP
FYE Mar 2023	1.7	+83450.0%	Cons. · Japanese GAAP
FYE Mar 2024	1.6	−6.9%	Cons. · Japanese GAAP
FYE Mar 2025	1.4	−7.5%	Cons. · Japanese GAAP
FYE Mar 2026	1.3	−8.0%	Cons. · Japanese GAAP

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

Equity ratio

FYE Mar 2026 60.1%

Average · 10 yrs 63.6%

Fiscal year	Equity ratio %	YoY	Basis
FYE Mar 2017	61.7	n/a	Cons. · Japanese GAAP
FYE Mar 2018	62.8	+1.1pp	Cons. · Japanese GAAP
FYE Mar 2019	65.2	+2.5pp	Cons. · Japanese GAAP
FYE Mar 2020	65.7	+0.5pp	Cons. · Japanese GAAP
FYE Mar 2021	66.5	+0.8pp	Cons. · Japanese GAAP
FYE Mar 2022	67.7	+1.2pp	Cons. · Japanese GAAP
FYE Mar 2023	65.5	−2.2pp	Cons. · Japanese GAAP
FYE Mar 2024	60.2	−5.3pp	Cons. · Japanese GAAP
FYE Mar 2025	60.7	+0.5pp	Cons. · Japanese GAAP
FYE Mar 2026	60.1	−0.6pp	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 15.1%

Average · 4 yrs 10.5%

Fiscal year	Debt-to-equity ratio %	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	n/a	n/a	Cons. · Japanese GAAP
FYE Mar 2020	n/a	n/a	Cons. · Japanese GAAP
FYE Mar 2021	n/a	n/a	Cons. · Japanese GAAP
FYE Mar 2022	n/a	n/a	Cons. · Japanese GAAP
FYE Mar 2023	0.0	n/a	Cons. · Japanese GAAP
FYE Mar 2024	13.8	+13.8pp	Cons. · Japanese GAAP
FYE Mar 2025	12.9	−0.9pp	Cons. · Japanese GAAP
FYE Mar 2026	15.1	+2.1pp	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 11.0%

Average · 10 yrs 12.8%

Fiscal year	ROE %	YoY	Basis
FYE Mar 2017	17.1	n/a	Cons. · Japanese GAAP
FYE Mar 2018	16.0	−1.1pp	Cons. · Japanese GAAP
FYE Mar 2019	14.0	−2.0pp	Cons. · Japanese GAAP
FYE Mar 2020	12.7	−1.3pp	Cons. · Japanese GAAP
FYE Mar 2021	12.3	−0.3pp	Cons. · Japanese GAAP
FYE Mar 2022	10.8	−1.5pp	Cons. · Japanese GAAP
FYE Mar 2023	10.9	+0.1pp	Cons. · Japanese GAAP
FYE Mar 2024	11.5	+0.6pp	Cons. · Japanese GAAP
FYE Mar 2025	11.4	−0.1pp	Cons. · Japanese GAAP
FYE Mar 2026	11.0	−0.4pp	Cons. · Japanese GAAP

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

ROA return on assets

FYE Mar 2026 6.6%

Average · 10 yrs 8.1%

Fiscal year	ROA %	YoY	Basis
FYE Mar 2017	10.6	n/a	Cons. · Japanese GAAP
FYE Mar 2018	10.1	−0.5pp	Cons. · Japanese GAAP
FYE Mar 2019	9.1	−0.9pp	Cons. · Japanese GAAP
FYE Mar 2020	8.3	−0.8pp	Cons. · Japanese GAAP
FYE Mar 2021	8.2	−0.1pp	Cons. · Japanese GAAP
FYE Mar 2022	7.3	−0.9pp	Cons. · Japanese GAAP
FYE Mar 2023	7.1	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2024	6.9	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2025	6.9	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2026	6.6	−0.3pp	Cons. · Japanese GAAP

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

Asset turnover

FYE Mar 2026 1.77×

CAGR · 10 yrs −3.3%

Fiscal year	Asset turnover ×	YoY	Basis
FYE Mar 2017	2.39	n/a	Cons. · Japanese GAAP
FYE Mar 2018	2.29	−4.3%	Cons. · Japanese GAAP
FYE Mar 2019	2.24	−2.0%	Cons. · Japanese GAAP
FYE Mar 2020	2.17	−3.1%	Cons. · Japanese GAAP
FYE Mar 2021	2.06	−5.4%	Cons. · Japanese GAAP
FYE Mar 2022	1.99	−3.1%	Cons. · Japanese GAAP
FYE Mar 2023	1.91	−3.9%	Cons. · Japanese GAAP
FYE Mar 2024	1.79	−6.5%	Cons. · Japanese GAAP
FYE Mar 2025	1.81	+0.9%	Cons. · Japanese GAAP
FYE Mar 2026	1.77	−1.9%	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 ¥43bn

CAGR · 10 yrs +4.9%

Fiscal year	Operating cash flow ¥ bn	YoY	Basis
FYE Mar 2017	28.2	n/a	Cons. · Japanese GAAP
FYE Mar 2018	36.1	+28.1%	Cons. · Japanese GAAP
FYE Mar 2019	31.1	−14.0%	Cons. · Japanese GAAP
FYE Mar 2020	32.3	+3.8%	Cons. · Japanese GAAP
FYE Mar 2021	31.8	−1.6%	Cons. · Japanese GAAP
FYE Mar 2022	31.7	−0.2%	Cons. · Japanese GAAP
FYE Mar 2023	37.4	+18.0%	Cons. · Japanese GAAP
FYE Mar 2024	41.2	+10.2%	Cons. · Japanese GAAP
FYE Mar 2025	41.2	−0.1%	Cons. · Japanese GAAP
FYE Mar 2026	43.3	+5.2%	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 -¥32bn

Average · 10 yrs -¥27bn

Fiscal year	Investing cash flow ¥ bn	YoY	Basis
FYE Mar 2017	-14.4	n/a	Cons. · Japanese GAAP
FYE Mar 2018	-15.2	n/a	Cons. · Japanese GAAP
FYE Mar 2019	-13.6	n/a	Cons. · Japanese GAAP
FYE Mar 2020	-14.0	n/a	Cons. · Japanese GAAP
FYE Mar 2021	-17.9	n/a	Cons. · Japanese GAAP
FYE Mar 2022	-20.7	n/a	Cons. · Japanese GAAP
FYE Mar 2023	-28.5	n/a	Cons. · Japanese GAAP
FYE Mar 2024	-74.9	n/a	Cons. · Japanese GAAP
FYE Mar 2025	-35.4	n/a	Cons. · Japanese GAAP
FYE Mar 2026	-32.1	n/a	Cons. · Japanese GAAP

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

Financing cash flow

FYE Mar 2026 -¥5.7bn

Average · 10 yrs -¥7.0bn

Fiscal year	Financing cash flow ¥ bn	YoY	Basis
FYE Mar 2017	-20.4	n/a	Cons. · Japanese GAAP
FYE Mar 2018	-6.4	n/a	Cons. · Japanese GAAP
FYE Mar 2019	-7.7	n/a	Cons. · Japanese GAAP
FYE Mar 2020	-7.9	n/a	Cons. · Japanese GAAP
FYE Mar 2021	-8.1	n/a	Cons. · Japanese GAAP
FYE Mar 2022	-8.2	n/a	Cons. · Japanese GAAP
FYE Mar 2023	-17.3	n/a	Cons. · Japanese GAAP
FYE Mar 2024	22.5	n/a	Cons. · Japanese GAAP
FYE Mar 2025	-10.6	−147.1%	Cons. · Japanese GAAP
FYE Mar 2026	-5.7	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 ¥71bn

CAGR · 10 yrs +4.9%

Fiscal year	Cash and equivalents ¥ bn	YoY	Basis
FYE Mar 2017	46.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	60.5	+31.6%	Cons. · Japanese GAAP
FYE Mar 2019	70.2	+16.1%	Cons. · Japanese GAAP
FYE Mar 2020	80.7	+14.9%	Cons. · Japanese GAAP
FYE Mar 2021	86.5	+7.2%	Cons. · Japanese GAAP
FYE Mar 2022	89.3	+3.3%	Cons. · Japanese GAAP
FYE Mar 2023	80.9	−9.5%	Cons. · Japanese GAAP
FYE Mar 2024	69.7	−13.8%	Cons. · Japanese GAAP
FYE Mar 2025	65.0	−6.8%	Cons. · Japanese GAAP
FYE Mar 2026	70.5	+8.6%	Cons. · Japanese GAAP

Definition: Cash on hand at the year end
Formula: Closing balance in the cash flow statement
Source: Securities report (XBRL)

Free cash flow

FYE Mar 2026 ¥11bn

CAGR · 10 yrs −2.3%

Fiscal year	FCF ¥ bn	YoY	Basis
FYE Mar 2017	13.9	n/a	Cons. · Japanese GAAP
FYE Mar 2018	20.9	+50.7%	Cons. · Japanese GAAP
FYE Mar 2019	17.5	−16.4%	Cons. · Japanese GAAP
FYE Mar 2020	18.3	+4.9%	Cons. · Japanese GAAP
FYE Mar 2021	13.9	−24.4%	Cons. · Japanese GAAP
FYE Mar 2022	11.0	−20.5%	Cons. · Japanese GAAP
FYE Mar 2023	8.9	−19.6%	Cons. · Japanese GAAP
FYE Mar 2024	-33.7	−479.6%	Cons. · Japanese GAAP
FYE Mar 2025	5.8	n/a	Cons. · Japanese GAAP
FYE Mar 2026	11.2	+93.8%	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 5.1%

Average · 10 yrs 5.3%

Fiscal year	OCF margin %	YoY	Basis
FYE Mar 2017	5.3	n/a	Cons. · Japanese GAAP
FYE Mar 2018	6.4	+1.1pp	Cons. · Japanese GAAP
FYE Mar 2019	5.3	−1.1pp	Cons. · Japanese GAAP
FYE Mar 2020	5.2	−0.1pp	Cons. · Japanese GAAP
FYE Mar 2021	5.0	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2022	4.9	−0.1pp	Cons. · Japanese GAAP
FYE Mar 2023	5.4	+0.5pp	Cons. · Japanese GAAP
FYE Mar 2024	5.5	+0.1pp	Cons. · Japanese GAAP
FYE Mar 2025	5.1	−0.3pp	Cons. · Japanese GAAP
FYE Mar 2026	5.1	−0.0pp	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 ¥27bn

CAGR · 4 yrs −30.2%

Fiscal year	Net cash ¥ 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	n/a	n/a	Cons. · Japanese GAAP
FYE Mar 2020	n/a	n/a	Cons. · Japanese GAAP
FYE Mar 2021	n/a	n/a	Cons. · Japanese GAAP
FYE Mar 2022	n/a	n/a	Cons. · Japanese GAAP
FYE Mar 2023	80.9	n/a	Cons. · Japanese GAAP
FYE Mar 2024	34.7	−57.1%	Cons. · Japanese GAAP
FYE Mar 2025	30.1	−13.3%	Cons. · Japanese GAAP
FYE Mar 2026	27.4	−8.8%	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 ¥467bn

Change · 10 yrs −¥35bn

Fiscal year	Market capitalisation ¥ bn	Basis
FYE Mar 2017	502	n/a
FYE Mar 2018	660	n/a
FYE Mar 2019	364	n/a
FYE Mar 2020	413	n/a
FYE Mar 2021	483	n/a
FYE Mar 2022	355	n/a
FYE Mar 2023	434	n/a
FYE Mar 2024	557	n/a
FYE Mar 2025	502	n/a
FYE Mar 2026	467	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 3,910¥

Change · 10 yrs −3,561¥

Fiscal year	Share price ¥	Basis
FYE Mar 2017	7,471	n/a
FYE Mar 2018	4,915	n/a
FYE Mar 2019	3,051	n/a
FYE Mar 2020	3,460	n/a
FYE Mar 2021	4,050	n/a
FYE Mar 2022	2,975	n/a
FYE Mar 2023	3,636	n/a
FYE Mar 2024	4,668	n/a
FYE Mar 2025	4,209	n/a
FYE Mar 2026	3,910	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 119,331,184shares

Change · 10 yrs +52,165,592 shares

Fiscal year	Shares outstanding shares	Basis
FYE Mar 2017	67,165,592	Parent
FYE Mar 2018	134,331,184	Parent
FYE Mar 2019	119,331,184	Parent
FYE Mar 2020	119,331,184	Parent
FYE Mar 2021	119,331,184	Parent
FYE Mar 2022	119,331,184	Parent
FYE Mar 2023	119,331,184	Parent
FYE Mar 2024	119,331,184	Parent
FYE Mar 2025	119,331,184	Parent
FYE Mar 2026	119,331,184	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 268.36¥

Change · 10 yrs +71.04¥

Fiscal year	EPS ¥	Basis
FYE Mar 2017	197.32	Cons.
FYE Mar 2018	212.31	Cons.
FYE Mar 2019	204.76	Cons.
FYE Mar 2020	202.67	Cons.
FYE Mar 2021	216.68	Cons.
FYE Mar 2022	204.02	Cons.
FYE Mar 2023	219.83	Cons.
FYE Mar 2024	249.07	Cons.
FYE Mar 2025	262.91	Cons.
FYE Mar 2026	268.36	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 2,396.70¥

Change · 10 yrs +366.87¥

Fiscal year	BPS ¥	Basis
FYE Mar 2017	2,029.83	Cons. · Japanese GAAP
FYE Mar 2018	1,152.58	Cons. · Japanese GAAP
FYE Mar 2019	1,433.45	Cons. · Japanese GAAP
FYE Mar 2020	1,565.58	Cons. · Japanese GAAP
FYE Mar 2021	1,719.22	Cons. · Japanese GAAP
FYE Mar 2022	1,848.57	Cons. · Japanese GAAP
FYE Mar 2023	1,980.44	Cons. · Japanese GAAP
FYE Mar 2024	2,120.90	Cons. · Japanese GAAP
FYE Mar 2025	2,260.21	Cons. · Japanese GAAP
FYE Mar 2026	2,396.70	Cons. · Japanese GAAP

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

PER price-to-earnings ratio

FYE Mar 2026 14.57×

Average · 10 yrs 17.32×

Fiscal year	PER ×	Basis
FYE Mar 2017	18.93	Cons.
FYE Mar 2018	23.15	Cons.
FYE Mar 2019	14.90	Cons.
FYE Mar 2020	17.07	Cons.
FYE Mar 2021	18.69	Cons.
FYE Mar 2022	14.58	Cons.
FYE Mar 2023	16.54	Cons.
FYE Mar 2024	18.74	Cons.
FYE Mar 2025	16.01	Cons.
FYE Mar 2026	14.57	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 1.60×

Average · 10 yrs 2.25×

Fiscal year	PBR ×	Basis
FYE Mar 2017	3.20	Cons.
FYE Mar 2018	3.71	Cons.
FYE Mar 2019	2.09	Cons.
FYE Mar 2020	2.17	Cons.
FYE Mar 2021	2.31	Cons.
FYE Mar 2022	1.58	Cons.
FYE Mar 2023	1.80	Cons.
FYE Mar 2024	2.16	Cons.
FYE Mar 2025	1.83	Cons.
FYE Mar 2026	1.60	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 7,457people

Change · 10 yrs +2,778 people

Fiscal year	Group employees people	YoY	Basis
FYE Mar 2017	4,679	n/a	Cons.
FYE Mar 2018	4,834	+3.3%	Cons.
FYE Mar 2019	4,984	+3.1%	Cons.
FYE Mar 2020	5,241	+5.2%	Cons.
FYE Mar 2021	5,634	+7.5%	Cons.
FYE Mar 2022	6,015	+6.8%	Cons.
FYE Mar 2023	6,371	+5.9%	Cons.
FYE Mar 2024	6,662	+4.6%	Cons.
FYE Mar 2025	7,145	+7.3%	Cons.
FYE Mar 2026	7,457	+4.4%	Cons.

Definition: Everyone employed across the group
Formula: Consolidated headcount, from the employee section of the filing
Source: Securities report (XBRL)

Parent-company employees

FYE Mar 2026 4,622people

Change · 10 yrs +1,795 people

Fiscal year	Parent-company employees people	YoY	Basis
FYE Mar 2017	2,827	n/a	Parent
FYE Mar 2018	2,901	+2.6%	Parent
FYE Mar 2019	2,978	+2.7%	Parent
FYE Mar 2020	3,112	+4.5%	Parent
FYE Mar 2021	3,517	+13.0%	Parent
FYE Mar 2022	3,795	+7.9%	Parent
FYE Mar 2023	3,895	+2.6%	Parent
FYE Mar 2024	4,090	+5.0%	Parent
FYE Mar 2025	4,413	+7.9%	Parent
FYE Mar 2026	4,622	+4.7%	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 ¥5.9m

Change · 8 yrs +¥0.5m

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	5.3	n/a	Parent
FYE Mar 2020	5.4	+0.1%	Parent
FYE Mar 2021	5.3	−1.4%	Parent
FYE Mar 2022	5.1	−2.6%	Parent
FYE Mar 2023	5.2	+2.0%	Parent
FYE Mar 2024	5.6	+6.8%	Parent
FYE Mar 2025	5.8	+3.8%	Parent
FYE Mar 2026	5.9	+1.4%	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 34.0years

Change · 7 yrs +1.0 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	33.0	n/a	Parent
FYE Mar 2020	33.0	−0.0%	Parent
FYE Mar 2021	34.0	+3.0%	Parent
FYE Mar 2022	34.0	−0.0%	Parent
FYE Mar 2023	n/a	n/a	Parent
FYE Mar 2024	34.0	n/a	Parent
FYE Mar 2025	34.0	−0.0%	Parent
FYE Mar 2026	34.0	−0.0%	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 8.0years

Change · 7 yrs −0.0 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	8.0	n/a	Parent
FYE Mar 2020	8.0	−0.0%	Parent
FYE Mar 2021	8.0	−0.0%	Parent
FYE Mar 2022	8.0	−0.0%	Parent
FYE Mar 2023	n/a	n/a	Parent
FYE Mar 2024	9.0	n/a	Parent
FYE Mar 2025	8.0	−11.1%	Parent
FYE Mar 2026	8.0	−0.0%	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 9,731people

Change · 10 yrs +2,637 people

Fiscal year	Temporary employees people	YoY	Basis
FYE Mar 2017	7,094	n/a	n/a
FYE Mar 2018	7,645	+7.8%	n/a
FYE Mar 2019	8,235	+7.7%	n/a
FYE Mar 2020	8,885	+7.9%	n/a
FYE Mar 2021	8,391	−5.6%	n/a
FYE Mar 2022	8,224	−2.0%	n/a
FYE Mar 2023	8,712	+5.9%	n/a
FYE Mar 2024	8,929	+2.5%	n/a
FYE Mar 2025	9,364	+4.9%	n/a
FYE Mar 2026	9,731	+3.9%	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 ¥113m

Change · 10 yrs +¥0.1m

Fiscal year	Revenue per employee ¥ m	YoY	Basis
FYE Mar 2017	113	n/a	Cons.
FYE Mar 2018	117	+3.4%	Cons.
FYE Mar 2019	118	+1.1%	Cons.
FYE Mar 2020	118	−0.1%	Cons.
FYE Mar 2021	113	−4.5%	Cons.
FYE Mar 2022	108	−4.2%	Cons.
FYE Mar 2023	108	+0.5%	Cons.
FYE Mar 2024	113	+4.1%	Cons.
FYE Mar 2025	112	−0.6%	Cons.
FYE Mar 2026	113	+0.7%	Cons.

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

Operating profit per employee

FYE Mar 2026 ¥6.3m

Change · 10 yrs −¥1.0m

Fiscal year	OP per employee ¥ m	YoY	Basis
FYE Mar 2017	7.3	n/a	Cons.
FYE Mar 2018	7.5	+2.5%	Cons.
FYE Mar 2019	7.1	−5.3%	Cons.
FYE Mar 2020	7.0	−1.2%	Cons.
FYE Mar 2021	6.6	−5.1%	Cons.
FYE Mar 2022	5.7	−14.6%	Cons.
FYE Mar 2023	5.9	+3.8%	Cons.
FYE Mar 2024	6.2	+4.7%	Cons.
FYE Mar 2025	6.2	+1.2%	Cons.
FYE Mar 2026	6.3	+0.8%	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

Sundrug’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/9989/company.json ·/api/9989/history.json ·/api/9989/ceo.json ·/api/9989/financials.json ·/api/9989/financials/segment.json ·/api/9989/financials/pl.json ·/api/9989/financials/cf.json ·/api/9989/financials/bs.json ·/api/9989/financials/employee.json ·/api/9989/financials/stock.json ·/api/9989/financials.csv ·/api/9989/financials_history.csv

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