# ATOM CORPORATION: business model and financials

> Latest period: FY ending Mar 2026, non-consolidated, J-GAAP
> Unit: JPY millions
> Sources: 有価証券報告書－第55期(2025/04/01－2026/03/31) (S100YDI1)
> Page: https://vizora.meequs.com/en/company/atom
> Retrieved: 2026-09-30T20:57:46.082Z

## Company

Atom, founded in 1972, is a company in Restaurants & Pubs listed on TSE Standard. It has 550 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | ATOM CORPORATION |
| Ticker | 7412 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/7412.T) |
| Listing | TSE Standard |
| Head office | 横浜市西区みなとみらい二丁目2番1号 |
| Representative (per filing) | 代表取締役社長 植田 剛史 |
| Founded | Jan 1972 |
| Share capital | ¥100M |
| Employees (consolidated) | 550 |
| Average salary (parent only) | ¥4.6M |
| Fiscal year end | March |
| Website | www.pronexus.co.jp (https://www.pronexus.co.jp/) |
| Corporate number | 3180001058182 |
| EDINET | E03231 |
| Industries (Vizora) | Restaurants & Pubs |

> Profile source: annual securities report (S100YDI1, filed 2026-06-19). As of filing

## Five-axis industry profile

Primary industry: Restaurants & Pubs (2026-03-31)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Profitability | 17.4 | 66 |
| Cash conversion | 0.9 | 55 |
| Efficiency | 73.5 | 66 |

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)

- Atom brought in ¥30.4B in revenue.
- Operating profit was close to zero, a slight profit per ¥100 of sales.
- Revenue changed -14.3% from the prior year, and it swung back to an operating profit.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Revenue | ¥30.4B |  |
| Operating income | ¥25M | Margin 0.1% |
| Net income | -¥1.51B | Margin -5.0% |
| Free cash flow | -¥1.14B |  |
| Employees (consolidated) | 550 |  |
| EPS | ¥-7.86 |  |
| Book value per share | ¥17.97 |  |
| Equity ratio | 25.4% |  |
| Shares outstanding | 193,559,297 |  |
| Treasury shares | 423,000 |  |
| Shareholders | 195,754 |  |
| Average salary (parent only) | ¥4.6M | Filing company only |
| Cash ratio | 25.0% | Cash ÷ revenue 11.9% |
| Vs. industry median margin | -3.9 pp | Restaurants & Pubs |
| ROA | -9.0% | Derived from disclosed figures |

## Notable figures

- FY2026, cash is 25% of total assets

## What changed in 4 years

Currency or consolidation scope differs; percentage changes are omitted.

| Metric | FY ending Mar 2022 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥31076000000 | ¥30408000000 | — |
| Operating income | ¥-1474000000 | ¥25000000 | — |
| Operating margin | -4.7% | 0.1% | +4.8 pp |
| Employees | 816 people | 550 people | — |
| Cash and equivalents | ¥7067000000 | ¥3633000000 | — |

### Change in segment revenue mix

Span: FY ending Mar 2022 → 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, non-consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 30,408 | 100.0% | S100YDI1 |
| Cost of revenue | 11,536 | 37.9% | S100YDI1 |
| Gross profit | 18,871 | 62.1% | S100YDI1 |
| SG&A | 18,846 | 62.0% | S100YDI1 |
| Operating income | 25 | 0.1% | S100YDI1 |
| Ordinary income | -22 | -0.1% | S100YDI1 |
| Pretax income | -716 | -2.4% | S100YDI1 |
| Income tax | 790 | 2.6% | S100YDI1 |
| Net income | -1,507 | -5.0% | S100YDI1 |

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

| Part | JPY |
| --- | ---: |
| Cost of revenue | 38 |
| SG&A | 62 |
| Operating income | 0 |
| (Ref.) Net income | -5 |

### Margin funnel

Gross margin 62.1% → Operating margin 0.1% → Net margin -5.0%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Turned profitable
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 | 35,477 | 30,408 | -5,069 | -14.3% |
| Gross profit | 22,649 | 18,871 | -3,778 | -16.7% |
| Operating income | -670 | 25 | 695 | — |
| Operating cash flow | -782 | -459 | 323 | — |
| Free cash flow | -1,564 | -1,137 | 427 | — |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2020 | 49,689 | 1,102 | 2.2% | -2,215 | 1,821 | 608 | S100LKG7 |
| FY ending Mar 2021 | 32,185 | -1,271 | -3.9% | -1,813 | -1,262 | -1,345 | S100OCH0 |
| FY ending Mar 2022 | 31,076 | -1,474 | -4.7% | 322 | 1,526 | — | S100QZJW |
| FY ending Mar 2022 | 31,098 | -1,367 | -4.4% | 322 | 1,526 | 1,353 | S100OCH0 |
| FY ending Mar 2023 | 35,239 | -1,020 | -2.9% | -2,165 | 1,193 | -1,294 | S100TR1Y |
| FY ending Mar 2024 | 36,947 | -65 | -0.2% | -1,470 | 944 | -1,014 | S100W18T |
| FY ending Mar 2025 | 35,477 | -670 | -1.9% | 530 | -782 | -1,564 | S100YDI1 |
| FY ending Mar 2026 | 30,408 | 25 | 0.1% | -1,507 | -459 | -1,137 | S100YDI1 |

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

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥55.3M |
| Operating income per employee (consolidated) | ¥45.5K |
| Net income per employee (consolidated) | -¥2.7M |

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) | 816 | 687 | 663 | 523 | 550 |
| Average salary (parent company) | ¥4.5M | ¥4.4M | ¥4.5M | ¥4.6M | ¥4.6M |
| Average age (parent company) | 42.8 years | 43.1 years | 43.3 years | 44.0 years | 43.0 years |
| Average tenure (parent company) | 11.0 years | 12.1 years | 12.3 years | 12.5 years | 12.0 years |

Year over year: Employees (consolidated) +5.2% · Revenue (consolidated) -14.3%

## Revenue by geography

No geographic revenue breakdown was disclosed.

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

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Operating cash flow | -459 | -1.5% | S100YDI1 |
| Capital expenditure | 678 | 2.2% | S100YDI1 |
| Free cash flow | -1,137 | -3.7% | 算出 |
| Investing cash flow | -501 | -1.6% | S100YDI1 |
| Financing cash flow | -2,110 | -6.9% | S100YDI1 |
| Share buyback | 2,127 | 7.0% | S100YDI1 |
| Change in cash | -3,070 | -10.1% | S100YDI1 |
| Cash and equivalents | 3,633 | 11.9% | S100YDI1 |

## 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 | 7,067 | 5,568 | 4,649 | 6,703 | 3,633 | S100OCH0, S100W18T, S100YDI1 |
| Total assets | 24,276 | 22,528 | 20,318 | 18,989 | 14,519 | S100OCH0, S100TR1Y, S100W18T, S100YDI1 |
| Net assets | 10,384 | 8,216 | 6,763 | 7,302 | 3,680 | S100OCH0, S100W18T, S100YDI1 |
| Share capital | 100 | 100 | 100 | 100 | 100 | S100OCH0, S100TR1Y, S100W18T, S100YDI1 |
| Inventories | 252 | — | — | — | — | S100OCH0 |
| Property, plant and equipment | 8,293 | 8,895 | 8,067 | 5,873 | 5,279 | S100OCH0, S100TR1Y, S100W18T, S100YDI1 |
| Intangible assets excluding goodwill | 95 | 96 | 81 | 73 | 81 | S100OCH0, S100TR1Y, S100W18T, S100YDI1 |
| Investment securities | 273 | 224 | 199 | 199 | 126 | S100OCH0, S100TR1Y, S100W18T, S100YDI1 |
| Current assets | 9,916 | 7,593 | 6,670 | 8,597 | 5,552 | S100OCH0, S100TR1Y, S100W18T, S100YDI1 |
| Current liabilities | 9,196 | 10,459 | 8,422 | 7,662 | 6,898 | S100OCH0, S100TR1Y, S100W18T, S100YDI1 |
| Short-term borrowings | 2,000 | 2,150 | 100 | — | 800 | S100OCH0, S100TR1Y, S100W18T, S100YDI1 |
| Long-term borrowings | 2,754 | 2,045 | 3,625 | 2,965 | 2,799 | S100OCH0, S100TR1Y, S100W18T, S100YDI1 |
| Total liabilities | 13,891 | 14,312 | 13,555 | 11,686 | 10,838 | S100OCH0, S100TR1Y, S100W18T, S100YDI1 |
| Equity attributable to owners of parent | 10,391 | 8,233 | 6,770 | 7,309 | 3,682 | S100OCH0, S100TR1Y, S100W18T, S100YDI1 |
| Retained earnings | -163 | -2,328 | -1,470 | 530 | -976 | S100OCH0, S100TR1Y, S100W18T, S100YDI1 |
| Treasury stock | -186 | -183 | -179 | -175 | -2,298 | S100OCH0, S100TR1Y, S100W18T, S100YDI1 |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 25% | S100YDI1 |
| Property, plant and equipment | 36% | S100YDI1 |
| Intangibles and goodwill | 1% | S100YDI1 |
| Investment securities | 1% | S100YDI1 |
| Other assets | 37% | S100YDI1 |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Other liabilities | 75% | S100YDI1 |
| Equity | 25% | S100YDI1 |
| Other liabilities | 0% | S100YDI1 |

### 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 | 24,276 | 22,528 | 20,318 | 18,989 | 14,519 |
| Equity | 10,384 | 8,216 | 6,763 | 7,302 | 3,680 |
| Interest-bearing debt | — | — | — | — | — |
| Cash | 7,067 | 5,568 | 4,649 | 6,703 | 3,633 |

## 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) | 17.4% | S100YDI1 |
| Fixed assets ÷ total assets | 36.4% | S100YDI1 |
| Goodwill ÷ parent equity | — | —, S100YDI1 |

### 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) | 25.0% |
| Cash ÷ revenue | 11.9% |
| Net cash (cash − interest-bearing debt) | — |
| Net debt ÷ operating cash flow | — |
| Cash conversion (operating CF ÷ operating income) | -1836.0% |
| Cash vs. profit gap | 1,048 JPY mn |
| Shareholder returns / net income | — |
| Shareholder returns / FCF | — |
| Shareholder payments — dividends / net income | — |
| Shareholder payments — dividends / FCF | — |
| CapEx intensity (capex ÷ revenue) | 2.2% |
| Investing CF relative to operating CF | — |

## 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 | 1.0% | 1.28× | 1.3% | 2.34× | 3.1% | S100OCH0 |
| 2023 | — | —× | -9.6% | —× | — | S100TR1Y |
| 2024 | — | —× | -6.9% | —× | — | S100W18T |
| 2025 | 1.5% | 1.81× | 2.7% | 2.79× | 7.5% | S100YDI1 |
| 2026 | — | —× | -9.0% | —× | — | S100YDI1 |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 株式会社コロワイド | Major shareholder | 41.2% | 2026-03-31 |
| ＢＮＹ ＧＣＭ ＣＬＩＥＮＴ ＡＣＣＯＵＮＴ ＪＰＲＤ ＡＣ ＩＳＧ （ＦＥ－ＡＣ） （常任代理人 株式会社三菱ＵＦＪ銀行決済事業部） | Major shareholder | 1.0% | 2026-03-31 |
| 株式会社足利銀行 | Major shareholder | 0.3% | 2026-03-31 |
| 野村證券株式会社 | Major shareholder | 0.2% | 2026-03-31 |
| ＳＩＸ ＳＩＳ ＦＯＲ ＳＷＩＳＳ ＮＡＴＩＯＮＡＬ ＢＡＮＫ （常任代理人 株式会社三菱ＵＦＪ銀行決済事業部） | Major shareholder | 0.1% | 2026-03-31 |
| 井上 ヒロ子 | Major shareholder | 0.1% | 2026-03-31 |
| ＳＴＡＴＥ ＳＴＲＥＥＴ ＢＡＮＫ ＡＮＤ ＴＲＵＳＴ ＣＯＭＰＡＮＹ ５０５１０３ （常任代理人 株式会社みずほ銀行決済営業部） | Major shareholder | 0.1% | 2026-03-31 |
| 株式会社大光 | Major shareholder | 0.1% | 2026-03-31 |
| アトム取引先持株会 | Major shareholder | 0.1% | 2026-03-31 |
| ＢＮＹＭ ＳＡ／ＮＶ ＦＯＲ ＢＮＹＭ ＦＯＲ ＢＮＹＭ ＧＣＭ ＣＬＩＥＮＴ ＡＣＣＴＳ Ｍ ＩＬＭ ＦＥ （常任代理人 株式会社三菱ＵＦＪ銀行決済事業部） | Major shareholder | 0.1% | 2026-03-31 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第55期(2025/04/01－2026/03/31) | S100YDI1 | 2026-06-19 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YDI1,, |
| 有価証券報告書－第54期(2024/04/01－2025/03/31) | S100W18T | 2025-06-20 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100W18T,, |
| 有価証券報告書－第53期(2023/04/01－2024/03/31) | S100TR1Y | 2024-06-26 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100TR1Y,, |
| 有価証券報告書－第52期(2022/04/01－2023/03/31) | S100QZJW | 2023-06-20 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100QZJW,, |
| 有価証券報告書－第51期(令和3年4月1日－令和4年3月31日) | S100OCH0 | 2022-06-22 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100OCH0,, |
| 有価証券報告書－第50期(令和2年4月1日－令和3年3月31日) | S100LKG7 | 2021-06-18 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100LKG7,, |

## 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).