# Amuse vs SM Entertainment Japan

> Unit: JPY millions (ratios in %)
> Periods: Amuse = FY ending Mar 2026, consolidated, J-GAAP / SM Entertainment Japan = FY ending Dec 2025, consolidated, J-GAAP
> Retrieved: 2026-09-30T19:56:36.556Z

| Metric | Amuse | SM Entertainment Japan |
| --- | ---: | ---: |
| Revenue | 69,655 | 10,196 |
| Operating income | 6,123 | 174 |
| Net income | 2,695 | 376 |
| COGS ratio | — | 80.2% |
| Operating margin | 8.8% | 1.7% |
| Net margin | 3.9% | 3.7% |
| FCF margin | 8.2% | 13.9% |
| Period | FY ending Mar 2026 | FY ending Dec 2025 |
| Source | S100YBX4 | S100XTT0 |

## Company details

- https://vizora.meequs.com/en/company/amuse/md
- https://vizora.meequs.com/en/company/sm-entertainment-japan/md

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).