Akatsuki EazimaAKATSUKI EAZIMA CO., LTD.1997東証スタンダード建設業FY ending Aug 2025, non-consolidated, J-GAAP

Akatsuki Eazima revenue and profit

Out of every ¥100 of sales, about ¥12 is left as operating profit. Revenue changed +3.5% from the prior year, operating profit +50.0%.

Five-year trend

Revenue¥9.14B
FY ending Aug 2021: ¥7.41B¥7.41BFY ending Aug 2022: ¥7.33B¥7.33BFY ending Aug 2023: ¥6.64B¥6.64BFY ending Aug 2024: ¥8.83B¥8.83BFY ending Aug 2025: ¥9.14B¥9.14BFY21FY22FY23FY24FY25
Operating income¥1.13B
FY ending Aug 2021: ¥957.6M¥957.6MFY ending Aug 2022: ¥710.5M¥710.5MFY ending Aug 2023: ¥442.5M¥442.5MFY ending Aug 2024: ¥751.1M¥751.1MFY ending Aug 2025: ¥1.13B¥1.13BFY21FY22FY23FY24FY25
Operating margin12.3%
FY ending Aug 2021: 12.9%12.9%FY ending Aug 2022: 9.7%9.7%FY ending Aug 2023: 6.7%6.7%FY ending Aug 2024: 8.5%8.5%FY ending Aug 2025: 12.3%12.3%FY21FY22FY23FY24FY25

What drives ROE

Net margin × asset turnover = ROA; ROA × financial leverage = ROE

Net margin8.7%
Asset turnover0.86×
ROA7.5%
ROA7.5%
Financial leverage1.51×
ROE11.3%

Denominators: average assets and average equity. Derived from reported values; ROE is shown only for positive profit and equity.

Net margin8.7%
2021: 9.0%9.0%2022: 6.7%6.7%2023: 4.7%4.7%2024: 6.3%6.3%2025: 8.7%8.7%2122232425
Asset turnover0.86×
2021: 0.84×0.84×2022: 0.80×0.80×2023: 0.70×0.70×2024: 0.89×0.89×2025: 0.86×0.86×2122232425
ROA7.5%
2021: 7.6%7.6%2022: 5.4%5.4%2023: 3.3%3.3%2024: 5.6%5.6%2025: 7.5%7.5%2122232425
Financial leverage1.51×
2021: 1.55×1.55×2022: 1.56×1.56×2023: 1.55×1.55×2024: 1.52×1.52×2025: 1.51×1.51×2122232425
ROE11.3%
2021: 11.8%11.8%2022: 8.4%8.4%2023: 5.1%5.1%2024: 8.6%8.6%2025: 11.3%11.3%2122232425
PeriodNet marginAsset turnoverROAFinancial leverageROE
20219.0%0.84×7.6%1.55×11.8%
20226.7%0.80×5.4%1.56×8.4%
20234.7%0.70×3.3%1.55×5.1%
20246.3%0.89×5.6%1.52×8.6%
20258.7%0.86×7.5%1.51×11.3%

Financial leverage can raise ROE; a higher value alone does not describe a company's overall condition.

Asset intensity and goodwill

Annual trends in tangible-asset ratios and goodwill balance.

PPE ÷ revenue28.4%
2020: 31.7%31.7%2021: 35.0%35.0%2022: 34.4%34.4%2023: 42.5%42.5%2024: 30.6%30.6%2025: 28.4%28.4%202122232425
PPE ÷ total assets23.7%
2020: 30.3%30.3%2021: 29.6%29.6%2022: 26.6%26.6%2023: 29.6%29.6%2024: 26.2%26.2%2025: 23.7%23.7%202122232425

Ratios are derived from reported values. Goodwill is shown only when separately reported; it is not inferred from combined intangible assets. Definition

Income statement (JPY millions)

ItemFY ending Aug 2021FY ending Aug 2022FY ending Aug 2023FY ending Aug 2024FY ending Aug 2025
Revenue7,4087,3326,6378,8259,136
Cost of revenue5,8666,0585,5967,4147,298
Gross profit1,5421,2751,0411,4111,837
SG&A584564599660710
Operating income9587114427511,127
Pretax income9906934717831,161
Income tax321202158224364
Net income attributable to owners669491314559797
Operating margin12.9%9.7%6.7%8.5%12.3%

Balance sheet (reported items)

Year-end figures from filings. Unreported items are omitted. Interest-bearing debt excludes lease liabilities.

Assets

Cash 51%
Property, plant and equipment 24%
0%
Investment securities 9%
Other assets 16%

Funding

Other liabilities 31%
Equity 69%
0%

Each bar totals 100% of assets; other is the residual.

ItemFY ending Aug 2021FY ending Aug 2022FY ending Aug 2023FY ending Aug 2024FY ending Aug 2025
Cash and equivalents¥3.98B¥4.7B¥4.14B¥5.03B¥5.6B
Total assets¥8.77B¥9.49B¥9.55B¥10.3B¥11B
Net assets¥5.7B¥6.02B¥6.34B¥6.81B¥7.55B
Share capital¥1.41B¥1.41B¥1.41B¥1.41B¥1.41B
Property, plant and equipment¥2.59B¥2.53B¥2.82B¥2.7B¥2.6B
Intangible assets excluding goodwill¥20.5M¥21.7M¥16.8M¥19.4M¥34.9M
Investment securities¥384.8M¥298.9M¥313.8M¥529.2M¥994.5M
Current assets¥5.7B¥6.59B¥6.28B¥6.97B¥7.21B
Current liabilities¥2.47B¥2.63B¥2.46B¥2.96B¥2.9B
Long-term borrowings¥402.4M¥365.7M¥380.7M¥254.1M¥303.3M
Bonds¥90M¥350M¥240M¥150M¥70M
Total liabilities¥3.08B¥3.46B¥3.21B¥3.5B¥3.42B
Equity attributable to owners of parent¥5.66B¥6.02B¥6.3B¥6.73B¥7.37B
Retained earnings¥4.42B¥4.78B¥4.98B¥5.43B¥6.07B
Treasury stock-¥189.2M-¥189.2M-¥143.7M-¥161.2M-¥161.4M

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    有価証券報告書-第72期(2024/09/01-2025/08/31)

    ID S100X59V2025-11-19Open
  • EDINET (FSA Japan)

    有価証券報告書-第71期(2023/09/01-2024/08/31)

    ID S100UTLA2024-11-22Open
  • EDINET (FSA Japan)

    有価証券報告書-第70期(2022/09/01-2023/08/31)

    ID S100SBYH2023-11-22Open
  • EDINET (FSA Japan)

    有価証券報告書-第69期(令和3年9月1日-令和4年8月31日)

    ID S100PO662022-11-22Open
  • EDINET (FSA Japan)

    有価証券報告書-第68期(令和2年9月1日-令和3年8月31日)

    ID S100MWNT2021-11-19Open
  • EDINET (FSA Japan)

    有価証券報告書-第67期(令和1年9月1日-令和2年8月31日)

    ID S100K84P2020-11-20Open

Extracted from XBRL: 48 / Derived from other figures: 1

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