# ALBIS Co.,Ltd.: business model and financials

> Latest period: FY ending Mar 2026, consolidated, J-GAAP
> Unit: JPY millions
> Sources: 有価証券報告書－第59期(2025/04/01－2026/03/31) (S100YD39)
> Page: https://vizora.meequs.com/en/company/albis
> Retrieved: 2026-09-30T22:08:20.134Z

## Company

Albis, founded in 1968, is a company in Supermarkets listed on TSE Prime. It has 1,026 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | ALBIS Co.,Ltd. |
| Ticker | 7475 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/7475.T) |
| Listing | TSE Prime |
| Head office | 富山県射水市流通センター水戸田三丁目4番地 |
| Representative (per filing) | 代表取締役社長 池田 和男 |
| Founded | Dec 1968 |
| Share capital | ¥4.91B |
| Employees (consolidated) | 1,026 |
| Average salary (parent only) | ¥5.2M |
| Fiscal year end | March |
| Website | www.albis.co.jp (https://www.albis.co.jp/) |
| Corporate number | 3230001012605 |
| EDINET | E02832 |
| Industries (Vizora) | Supermarkets |

> Profile source: annual securities report (S100YD39, filed 2026-06-17). As of filing

## Five-axis industry profile

Primary industry: Supermarkets (2026-03-31)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Revenue growth | 30 | 45 |
| Profitability | 31.6 | 49 |
| Cash conversion | 75.5 | 47 |
| Efficiency | 29.6 | 49 |

Each axis is shown independently. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

## Key points (generated from figures)

- Albis brought in ¥99.8B in revenue.
- Out of every ¥100 of sales, about ¥2 is left as operating profit.
- Revenue changed +2.8% from the prior year, operating profit +4.5%.

## Company structure

- Segment revenue mix: Segment revenue breakdown is not disclosed
- Revenue → net income: ¥99850000000 → ¥1324000000
- Net income → operating cash flow: ¥1324000000 → ¥4890000000（difference ¥3566000000）
- Main uses of operating cash flow: CapEx ¥6084000000 / dividends ¥592000000 / buybacks ¥670000000
- Change in cash: ¥2188000000
Segment shares use total reported segment revenue, which may include inter-segment sales. The cash bridge is operating cash flow minus net income and combines non-cash items and working-capital effects.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Revenue | ¥99.8B |  |
| Operating income | ¥2.15B | Margin 2.2% |
| Net income | ¥1.32B | Margin 1.3% |
| Free cash flow | -¥1.19B |  |
| Employees (consolidated) | 1,026 |  |
| EPS | ¥106.35 |  |
| Book value per share | ¥3612.02 |  |
| Equity ratio | 56.3% |  |
| Shares outstanding | 9,255,926 |  |
| Treasury shares | 900,600 |  |
| Shareholders | 12,617 |  |
| Average salary (parent only) | ¥5.2M | Filing company only |
| Cash ratio | 14.6% | Cash ÷ revenue 8.5% |
| Vs. industry median margin | -0.7 pp | Supermarkets |
| ROE | 4.1% | Derived from disclosed figures |
| ROA | 2.4% | Derived from disclosed figures |

## Notable figures

- FY2026, operating cash flow is 3.7× net income
- FY2026, buybacks were 1.1× dividends

## What changed in 5 years

| Metric | FY ending Mar 2021 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥93144140000 | ¥99850000000 | +7.2% |
| Operating income | ¥1797649000 | ¥2155000000 | +19.9% |
| Operating margin | 1.9% | 2.2% | +0.2 pp |
| Employees | 948 people | 1,026 people | +8.2% |
| Cash and equivalents | ¥5914694000 | ¥8519000000 | +44.0% |

### Change in segment revenue mix

Span: FY ending Mar 2021 → FY ending Mar 2026. Stable segment keys are connected; unmatched shares are marked as new or reorganized. Shares use total segment revenue.

## Income statement（FY ending Mar 2026, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 99,850 | 100.0% | S100YD39 |
| Cost of revenue | 69,458 | 69.6% | S100YD39 |
| Gross profit | 30,392 | 30.4% | S100YD39 |
| SG&A | 29,338 | 29.4% | S100YD39 |
| Operating income | 2,155 | 2.2% | S100YD39 |
| Ordinary income | 2,417 | 2.4% | S100YD39 |
| Pretax income | 2,056 | 2.1% | S100YD39 |
| Income tax | 731 | 0.7% | S100YD39 |
| Net income | 1,324 | 1.3% | S100YD39 |
| Net income attributable to owners | 1,324 | 1.3% | S100YD39 |

## Per ¥100 of revenue（FY ending Mar 2026）

| Part | JPY |
| --- | ---: |
| Cost of revenue | 70 |
| SG&A | 29 |
| Other operating | -1 |
| Operating income | 2 |
| (Ref.) Net income | 1 |

### Margin funnel

Gross margin 30.4% → Operating margin 2.2% → Net margin 1.3%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue and profit up
Revenue growth: +2.8%; Core profit growth: +4.5%
Growth quality: margin-expansion
Operating leverage (core profit growth ÷ revenue growth): 1.61×
Calculated from comparable annual consolidated filings.

## Year over year（FY ending Mar 2025 → FY ending Mar 2026、JPY mn）

| Metric | Prior | Current | Change | % change |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 97,165 | 99,850 | 2,685 | +2.8% |
| Gross profit | 29,611 | 30,392 | 781 | +2.6% |
| Operating income | 2,063 | 2,155 | 92 | +4.5% |
| Net income attributable to owners | 1,622 | 1,324 | -298 | -18.4% |
| Operating cash flow | 3,060 | 4,890 | 1,830 | +59.8% |
| Free cash flow | -572 | -1,194 | -622 | — |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2020 | 86,265 | 1,089 | 1.3% | 929 | 2,189 | -1,351 | S100LNU3 |
| FY ending Mar 2021 | 93,144 | 1,798 | 1.9% | 1,495 | 5,606 | 3,943 | S100OGGO |
| FY ending Mar 2022 | 90,970 | 2,452 | 2.7% | 2,105 | 4,210 | 2,347 | S100R49K |
| FY ending Mar 2023 | 93,492 | 1,938 | 2.1% | 1,684 | 4,029 | 2,203 | S100TQEZ |
| FY ending Mar 2024 | 96,724 | 2,142 | 2.2% | 1,545 | 4,473 | 2,177 | S100W1NA |
| FY ending Mar 2025 | 97,165 | 2,063 | 2.1% | 1,622 | 3,060 | -572 | S100YD39 |
| FY ending Mar 2026 | 99,850 | 2,155 | 2.2% | 1,324 | 4,890 | -1,194 | S100YD39 |

## People and productivity（FY ending Mar 2026, consolidated, J-GAAP）

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥97.3M |
| Operating income per employee (consolidated) | ¥2.1M |
| Net income per employee (consolidated) | ¥1.3M |

Employees, revenue and profit are consolidated. Average annual salary is a separate parent-company figure. Calculated from disclosed figures (DERIVED).

| History | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Employees (consolidated) | 965 | 998 | 1,000 | 991 | 1,026 |
| Average salary (parent company) | ¥4.8M | ¥4.8M | ¥5.1M | ¥5.2M | ¥5.2M |
| Average age (parent company) | 39.4 years | 39.9 years | 40.4 years | 40.9 years | 39.9 years |
| Average tenure (parent company) | 10.0 years | 10.2 years | 10.7 years | 10.7 years | 10.4 years |

Year over year: Employees (consolidated) +3.5% · Revenue (consolidated) +2.8%

## Revenue by geography

No geographic revenue breakdown was disclosed.

## Cash flow（FY ending Mar 2026, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Operating cash flow | 4,890 | 4.9% | S100YD39 |
| Capital expenditure | 6,084 | 6.1% | S100YD39 |
| Free cash flow | -1,194 | -1.2% | 算出 |
| Investing cash flow | -6,015 | -6.0% | S100YD39 |
| Financing cash flow | 3,313 | 3.3% | S100YD39 |
| Dividends paid | 592 | 0.6% | S100YD39 |
| Share buyback | 670 | 0.7% | S100YD39 |
| Change in cash | 2,188 | 2.2% | S100YD39 |
| Cash and equivalents | 8,519 | 8.5% | S100YD39 |

## Balance sheet

Figures are as of each fiscal year end. Derived values are marked as such in the source column. Lease liabilities are excluded from interest-bearing debt.

| Metric | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | 6,928 | 6,144 | 5,587 | 6,218 | 8,519 | S100TQEZ, S100W1NA, S100YD39 |
| Total assets | 48,463 | 48,004 | 49,644 | 52,890 | 58,548 | S100R49K, S100TQEZ, S100W1NA, S100YD39 |
| Net assets | 29,450 | 30,569 | 31,446 | 32,322 | 32,984 | S100TQEZ, S100W1NA, S100YD39 |
| Share capital | 4,908 | 4,908 | 4,908 | 4,908 | 4,908 | S100R49K, S100TQEZ, S100W1NA, S100YD39 |
| Property, plant and equipment | 29,893 | 30,051 | 30,977 | 32,313 | 35,751 | S100R49K, S100TQEZ, S100W1NA, S100YD39 |
| Intangible assets excluding goodwill | 923 | 812 | 878 | 897 | 946 | S100R49K, S100TQEZ, S100W1NA, S100YD39 |
| Goodwill | 103 | 53 | 3 | — | — | S100R49K, S100TQEZ, S100W1NA |
| Investment securities | 619 | 669 | 797 | 1,035 | 1,810 | S100R49K, S100TQEZ, S100W1NA, S100YD39 |
| Current assets | 12,911 | 12,465 | 13,087 | 14,674 | 16,472 | S100R49K, S100TQEZ, S100W1NA, S100YD39 |
| Current liabilities | 12,285 | 12,317 | 14,344 | 13,202 | 14,472 | S100R49K, S100TQEZ, S100W1NA, S100YD39 |
| Long-term borrowings | 4,206 | 2,474 | 1,143 | 4,650 | 8,390 | S100R49K, S100TQEZ, S100W1NA, S100YD39 |
| Total liabilities | 19,013 | 17,434 | 18,197 | 20,567 | 25,564 | S100R49K, S100TQEZ, S100W1NA, S100YD39 |
| Equity attributable to owners of parent | 29,458 | 30,529 | 31,235 | 32,047 | 32,155 | S100R49K, S100TQEZ, S100W1NA, S100YD39 |
| Retained earnings | 20,149 | 21,221 | 22,157 | 23,174 | 23,946 | S100R49K, S100TQEZ, S100W1NA, S100YD39 |
| Treasury stock | -1,233 | -1,232 | -1,463 | -1,669 | -2,333 | S100R49K, S100TQEZ, S100W1NA, S100YD39 |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 14% | S100YD39 |
| Property, plant and equipment | 61% | S100YD39 |
| Intangibles and goodwill | 2% | S100YD39 |
| Investment securities | 3% | S100YD39 |
| Other assets | 20% | S100YD39 |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Other liabilities | 44% | S100YD39 |
| Equity | 56% | S100YD39 |

### Balance sheet history

| Metric | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Total assets | 48,463 | 48,004 | 49,644 | 52,890 | 58,548 |
| Equity | 29,450 | 30,569 | 31,446 | 32,322 | 32,984 |
| Interest-bearing debt | — | — | — | — | — |
| Cash | 6,928 | 6,144 | 5,587 | 6,218 | 8,519 |

## Asset intensity and goodwill

Ratios are derived from reported values. Goodwill is used only when separately reported, never inferred from combined intangible assets.

| Metric | Value | Sources |
| --- | ---: | ---: |
| Asset intensity (fixed assets ÷ revenue) | 35.8% | S100YD39 |
| Fixed assets ÷ total assets | 61.1% | S100YD39 |
| Goodwill ÷ parent equity | — | —, S100YD39 |

### Cash quality

Net cash = cash − interest-bearing debt. Net debt ratio = (interest-bearing debt − cash) ÷ positive operating cash flow. Omit when debt components are incomplete; other ratios are derived from reported figures.

| Metric | Value |
| --- | ---: |
| Cash ratio (cash ÷ total assets) | 14.6% |
| Cash ÷ revenue | 8.5% |
| Net cash (cash − interest-bearing debt) | — |
| Net debt ÷ operating cash flow | — |
| Cash conversion (operating CF ÷ operating income) | 226.9% |
| Cash vs. profit gap | 3,566 JPY mn (of net income 269.3%) |
| Shareholder returns / net income | 95.3% |
| Shareholder returns / FCF | — |
| Shareholder payments — dividends / net income | 44.7% |
| Shareholder payments — dividends / FCF | — |
| CapEx intensity (capex ÷ revenue) | 6.1% |
| Investing CF relative to operating CF | 123.0% |

## ROA and ROE

ROE is decomposed into net margin × asset turnover × financial leverage. Leverage can raise ROE, so the ratio alone does not assess a company's condition. Ending balances are used without a prior year; total equity approximates parent equity when unavailable.

| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE | Sources |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| 2022 | 2.3% | 1.88× | 4.3% | 1.65× | 7.1% | S100R49K |
| 2023 | 1.8% | 1.94× | 3.5% | 1.61× | 5.6% | S100TQEZ |
| 2024 | 1.6% | 1.98× | 3.2% | 1.58× | 5.0% | S100W1NA |
| 2025 | 1.7% | 1.90× | 3.2% | 1.62× | 5.1% | S100YD39 |
| 2026 | 1.3% | 1.79× | 2.4% | 1.74× | 4.1% | S100YD39 |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 三菱商事株式会社 | Major shareholder | 16.6% | 2026-03-31 |
| 日本マスタートラスト信託銀行株式会社(信託口) | Major shareholder | 7.7% | 2026-03-31 |
| アルビス共栄会持株会 | Major shareholder | 5.0% | 2026-03-31 |
| 株式会社北陸銀行 | Major shareholder | 3.0% | 2026-03-31 |
| カナカン株式会社 | Major shareholder | 2.6% | 2026-03-31 |
| アルビス社員持株会 | Major shareholder | 2.3% | 2026-03-31 |
| 株式会社日本アクセス | Major shareholder | 1.7% | 2026-03-31 |
| 株式会社富山第一銀行 | Major shareholder | 1.7% | 2026-03-31 |
| 三菱食品株式会社 | Major shareholder | 1.7% | 2026-03-31 |
| 株式会社富山銀行 | Major shareholder | 1.2% | 2026-03-31 |
| 株式会社北日本新聞社 | Major shareholder | 1.2% | 2026-03-31 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第59期(2025/04/01－2026/03/31) | S100YD39 | 2026-06-17 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YD39,, |
| 有価証券報告書－第58期(2024/04/01－2025/03/31) | S100W1NA | 2025-06-23 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100W1NA,, |
| 有価証券報告書－第57期(2023/04/01－2024/03/31) | S100TQEZ | 2024-06-24 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100TQEZ,, |
| 有価証券報告書－第56期(2022/04/01－2023/03/31) | S100R49K | 2023-06-26 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100R49K,, |
| 有価証券報告書－第55期(令和3年4月1日－令和4年3月31日) | S100OGGO | 2022-06-27 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100OGGO,, |
| 有価証券報告書－第54期(令和2年4月1日－令和3年3月31日) | S100LNU3 | 2021-06-28 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100LNU3,, |

## 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).