AKIBA HoldingsAKIBA Holdings Co., Ltd.6840東証スタンダード電気機器FY ending Mar 2026, consolidated, J-GAAP

AKIBA Holdings revenue and profit

Out of every ¥100 of sales, about ¥5 is left as operating profit. Revenue changed +46.6% from the prior year, operating profit +80.2%.

Five-year trend

Revenue¥26.8B
FY ending Mar 2022: ¥16.2B¥16.2BFY ending Mar 2023: ¥15B¥15BFY ending Mar 2024: ¥15.8B¥15.8BFY ending Mar 2025: ¥18.3B¥18.3BFY ending Mar 2026: ¥26.8B¥26.8BFY22FY23FY24FY25FY26
Operating income¥1.29B
FY ending Mar 2022: ¥721.6M¥721.6MFY ending Mar 2023: ¥1.06B¥1.06BFY ending Mar 2024: ¥838.8M¥838.8MFY ending Mar 2025: ¥716.2M¥716.2MFY ending Mar 2026: ¥1.29B¥1.29BFY22FY23FY24FY25FY26
Operating margin4.8%
FY ending Mar 2022: 4.5%4.5%FY ending Mar 2023: 7.1%7.1%FY ending Mar 2024: 5.3%5.3%FY ending Mar 2025: 3.9%3.9%FY ending Mar 2026: 4.8%4.8%FY22FY23FY24FY25FY26

What drives ROE

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

Net margin3.3%
Asset turnover1.71×
ROA5.6%
ROA5.6%
Financial leverage3.95×
ROE22.2%

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

Net margin3.3%
2022: 2.4%2.4%2023: 4.7%4.7%2024: 1.8%1.8%2025: 0.6%0.6%2026: 3.3%3.3%2223242526
Asset turnover1.71×
2022: 1.76×1.76×2023: 1.55×1.55×2024: 1.47×1.47×2025: 1.46×1.46×2026: 1.71×1.71×2223242526
ROA5.6%
2022: 4.2%4.2%2023: 7.3%7.3%2024: 2.7%2.7%2025: 0.9%0.9%2026: 5.6%5.6%2223242526
Financial leverage3.95×
2022: 3.79×3.79×2023: 3.48×3.48×2024: 3.30×3.30×2025: 3.61×3.61×2026: 3.95×3.95×2223242526
ROE22.2%
2022: 15.8%15.8%2023: 25.3%25.3%2024: 8.9%8.9%2025: 3.2%3.2%2026: 22.2%22.2%2223242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
20222.4%1.76×4.2%3.79×15.8%
20234.7%1.55×7.3%3.48×25.3%
20241.8%1.47×2.7%3.30×8.9%
20250.6%1.46×0.9%3.61×3.2%
20263.3%1.71×5.6%3.95×22.2%

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 ÷ revenue1.0%
2021: 0.9%0.9%2022: 0.9%0.9%2023: 1.3%1.3%2024: 1.5%1.5%2025: 1.4%1.4%2026: 1.0%1.0%212223242526
PPE ÷ total assets1.5%
2021: 1.5%1.5%2022: 1.5%1.5%2023: 2.0%2.0%2024: 2.1%2.1%2025: 1.9%1.9%2026: 1.5%1.5%212223242526
Goodwill ÷ parent equity2.0%
2021: 0.9%0.9%2022: 0.5%0.5%2023: 9.1%9.1%2024: 0.2%0.2%2025: 3.3%3.3%2026: 2.0%2.0%212223242526
Goodwill balance¥86.9M
2021: ¥18M¥18M2022: ¥12.2M¥12.2M2023: ¥283.9M¥283.9M2024: ¥5.7M¥5.7M2025: ¥116.1M¥116.1M2026: ¥86.9M¥86.9M212223242526

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

Investment and working-capital efficiency

Track R&D investment and how long operating capital remains tied up before sales turn into cash.

Receivable days—
2021: 83d83d212223242526

R&D is shown only for years with machine-readable disclosure. Days are estimates using year-end receivables, inventory and payables divided by annual revenue or cost of sales; financial companies are excluded.

Income statement (JPY millions)

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Revenue16,16715,00715,84918,27226,783
Cost of revenue13,41111,42512,17114,40322,084
Gross profit2,7563,5823,6783,8694,699
SG&A2,0352,5182,8393,1533,408
Operating income7221,0648397161,291
Pretax income6991,0316283431,357
Income tax277272261160366
Net income attributable to owners382702293112883
Operating margin4.5%7.1%5.3%3.9%4.8%

Balance sheet (reported items)

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

Assets

Cash 33%
2%
2%
Other assets 63%

Funding

Interest-bearing debt 39%
Other liabilities 33%
Equity 28%

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

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Cash and equivalents¥3.73B¥3.4B¥4.11B¥5.33B¥5.91B
Total assets¥9.18B¥10.1B¥11.5B¥13.6B¥17.8B
Net assets¥2.67B¥3.43B¥3.79B¥3.98B¥4.97B
Share capital¥700M¥100M¥100M¥100M¥100M
Property, plant and equipment¥141.5M¥202.5M¥236.4M¥257.5M¥267.2M
Intangible assets excluding goodwill¥16.5M¥289.4M¥99M¥281.5M¥224.1M
Goodwill¥12.2M¥283.9M¥5.7M¥116.1M¥86.9M
Current assets¥8.76B¥9.32B¥10.7B¥12.7B¥16.8B
Current liabilities¥5.72B¥5.8B¥6.31B¥6.82B¥10.6B
Short-term borrowings¥2.95B¥3.05B¥3.45B¥3.65B¥5.06B
Long-term borrowings¥622.6M¥702.4M¥1.19B¥2.4B¥1.76B
Bonds¥24M¥58M—¥240M¥180M
Interest-bearing debt¥3.6Bderived¥3.81Bderived—¥6.29Bderived¥7Bderived
Total liabilities¥6.5B¥6.71B¥7.67B¥9.65B¥12.8B
Non-controlling interests¥244.4M¥300.9M¥375.4M¥446.2M¥553.6M
Equity attributable to owners of parent¥2.42B¥3.13B¥3.42B¥3.53B¥4.41B
Retained earnings¥1.26B¥2.25B¥2.54B¥2.65B¥3.53B
Treasury stock-¥2.5M-¥2.5M-¥2.5M-¥2.5M-¥2.5M

Sources

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

    有価証券報告書-第44期(2025/04/01-2026/03/31)

    ID S100YH7L2026-06-30Open
  • EDINET (FSA Japan)

    有価証券報告書-第43期(2024/04/01-2025/03/31)

    ID S100W7J12025-06-30Open
  • EDINET (FSA Japan)

    有価証券報告書-第42期(2023/04/01-2024/03/31)

    ID S100TW0Z2024-06-27Open
  • EDINET (FSA Japan)

    有価証券報告書-第41期(2022/04/01-2023/03/31)

    ID S100R5FS2023-06-27Open
  • EDINET (FSA Japan)

    有価証券報告書-第40期(令和3年4月1日-令和4年3月31日)

    ID S100OGJ82022-06-28Open
  • EDINET (FSA Japan)

    有価証券報告書-第39期(令和2年4月1日-令和3年3月31日)

    ID S100LTP42021-06-29Open

Extracted from XBRL: 47 / Derived from other figures: 2

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