Apple Internationalco.APPLE INTERNATIONALCO.,LTD.2788東証スタンダード卸売業FY ending Dec 2025, consolidated, J-GAAP
Out of every ¥100 of sales, about ¥1 is left as operating profit. Revenue changed -6.8% from the prior year, operating profit -58.7%.
Net margin × asset turnover = ROA; ROA × financial leverage = ROE
Denominators: average assets and average equity. Derived from reported values; ROE is shown only for positive profit and equity.
| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE |
|---|---|---|---|---|---|
| 2021 | 2.2% | 1.31× | 2.8% | 2.23× | 6.3% |
| 2022 | 4.6% | 1.94× | 8.8% | 2.18× | 19.3% |
| 2023 | 3.3% | 1.88× | 6.1% | 2.08× | 12.8% |
| 2024 | 2.7% | 2.39× | 6.5% | 2.07× | 13.6% |
| 2025 | 1.9% | 2.03× | 3.9% | 2.09× | 8.2% |
Financial leverage can raise ROE; a higher value alone does not describe a company's overall condition.
Annual trends in tangible-asset ratios and goodwill balance.
Ratios are derived from reported values. Goodwill is shown only when separately reported; it is not inferred from combined intangible assets. Definition
Track R&D investment and how long operating capital remains tied up before sales turn into cash.
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.
| Item | FY ending Dec 2021 | FY ending Dec 2022 | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 |
|---|---|---|---|---|---|
| Revenue | 18,664 | 29,223 | 30,911 | 43,796 | 40,810 |
| Cost of revenue | 16,707 | 25,675 | 27,459 | 39,974 | 37,790 |
| Gross profit | 1,957 | 3,547 | 3,452 | 3,822 | 3,019 |
| SG&A | 1,633 | 2,088 | 2,354 | 2,447 | 2,451 |
| Operating income | 324 | 1,459 | 1,098 | 1,375 | 568 |
| Pretax income | 551 | 1,692 | 1,276 | 1,535 | 1,046 |
| Income tax | 103 | 305 | 208 | 266 | 218 |
| Net income attributable to owners | 403 | 1,331 | 1,008 | 1,199 | 788 |
| Operating margin | 1.7% | 5.0% | 3.6% | 3.1% | 1.4% |
Year-end figures from filings. Unreported items are omitted. Interest-bearing debt excludes lease liabilities.
Each bar totals 100% of assets; other is the residual.
| Item | FY ending Dec 2021 | FY ending Dec 2022 | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 |
|---|---|---|---|---|---|
| Cash and equivalents | ¥4.48B | ¥4.33B | ¥4.37B | ¥4.24B | ¥4.59B |
| Total assets | ¥14.2B | ¥16B | ¥16.9B | ¥19.8B | ¥20.5B |
| Net assets | ¥6.84B | ¥7.95B | ¥8.97B | ¥10.2B | ¥10.9B |
| Share capital | ¥4.32B | ¥4.32B | ¥4.33B | ¥4.33B | ¥4.33B |
| Property, plant and equipment | ¥892.9M | ¥886.4M | ¥878.6M | ¥860.4M | ¥943.4M |
| Intangible assets excluding goodwill | ¥36M | ¥19.4M | ¥13.1M | ¥10.6M | ¥32.2M |
| Investment securities | ¥712M | ¥800.5M | ¥1.04B | ¥1.27B | ¥1.47B |
| Current assets | ¥11.8B | ¥13.4B | ¥14.8B | ¥17.5B | ¥17.9B |
| Current liabilities | ¥4.63B | ¥5.38B | ¥6.03B | ¥7.71B | ¥7.44B |
| Trade payables | ¥92.2M | ¥109.1M | ¥228.9M | ¥279.4M | ¥337.6M |
| Short-term borrowings | ¥2.51B | ¥3.31B | ¥4.01B | ¥5.21B | ¥5.11B |
| Long-term borrowings | ¥2.41B | ¥2.3B | ¥1.55B | ¥1.56B | ¥1.9B |
| Total liabilities | ¥7.36B | ¥8.01B | ¥7.9B | ¥9.58B | ¥9.65B |
| Non-controlling interests | ¥435.2M | ¥482.8M | ¥533.6M | ¥593.7M | ¥623.7M |
| Equity attributable to owners of parent | ¥6.38B | ¥7.44B | ¥8.34B | ¥9.35B | ¥9.94B |
| Retained earnings | ¥1.69B | ¥2.95B | ¥3.89B | ¥4.9B | ¥5.49B |
| Treasury stock | — | -¥200M | -¥245.3M | -¥245.3M | -¥245.3M |
EDINET (FSA Japan)
有価証券報告書－第31期(2025/01/01－2025/12/31)
EDINET (FSA Japan)
有価証券報告書－第30期(2024/01/01－2024/12/31)
EDINET (FSA Japan)
訂正有価証券報告書－第29期(2023/01/01－2023/12/31)
EDINET (FSA Japan)
有価証券報告書－第28期(2022/01/01－2022/12/31)
EDINET (FSA Japan)
有価証券報告書－第27期(令和3年1月1日－令和3年12月31日)
EDINET (FSA Japan)
有価証券報告書－第26期(令和2年1月1日－令和2年12月31日)
Extracted from XBRL: 52 / Derived from other figures: 1
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