BalmudaBALMUDA Inc.6612東証グロース電気機器FY ending Dec 2025, consolidated, J-GAAP
It lost about ¥8 for every ¥100 of sales at the operating level. Revenue changed -18.8% from the prior year, operating profit -7316.7%.
Net margin × asset turnover = ROA; ROA × financial leverage = ROE
| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE |
|---|---|---|---|---|---|
| 2021 | 5.5% | 1.69× | 9.3% | 1.73× | 16.1% |
| 2022 | 0.0% | 1.69× | 0.0% | 1.65× | 0.0% |
| 2023 | — | —× | -23.4% | —× | — |
| 2024 | 0.5% | 1.78× | 1.0% | 1.63× | 1.6% |
| 2025 | — | —× | -29.4% | —× | — |
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 | 18,379 | 17,595 | 13,011 | 12,462 | 10,115 |
| Cost of revenue | 11,059 | 12,128 | 9,508 | 8,576 | 6,808 |
| Gross profit | 7,320 | 5,467 | 3,503 | 3,885 | 3,307 |
| SG&A | 5,802 | 5,392 | 4,878 | 3,873 | 4,173 |
| Operating income | 1,518 | 75 | -1,375 | 12 | -866 |
| Pretax income | 1,461 | 14 | -1,846 | 97 | -1,591 |
| Income tax | 445 | 11 | 225 | 30 | 5 |
| Net income attributable to owners | 1,015 | 3 | -2,071 | 67 | -1,596 |
| Operating margin | 8.3% | 0.4% | -10.6% | 0.1% | -8.6% |
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 | ¥1B | ¥1.25B | ¥1.17B | ¥1.34B | ¥673M |
| Total assets | ¥10.9B | ¥9.91B | ¥7.8B | ¥6.18B | ¥4.66B |
| Net assets | ¥6.29B | ¥6.31B | ¥4.26B | ¥4.35B | ¥2.81B |
| Share capital | ¥1.41B | ¥1.41B | ¥1.42B | ¥90M | ¥37M |
| Property, plant and equipment | ¥743M | ¥761M | ¥632M | ¥464M | ¥511M |
| Intangible assets excluding goodwill | ¥405M | ¥490M | ¥203M | ¥147M | ¥116M |
| Current assets | ¥9.42B | ¥8.31B | ¥6.89B | ¥5.53B | ¥3.97B |
| Current liabilities | ¥4.44B | ¥3.31B | ¥3.21B | ¥1.81B | ¥1.7B |
| Short-term borrowings | ¥800M | ¥800M | ¥600M | ¥100M | ¥500M |
| Long-term borrowings | ¥148M | ¥284M | ¥328M | ¥25M | ¥144M |
| Total liabilities | ¥4.59B | ¥3.6B | ¥3.54B | ¥1.83B | ¥1.85B |
| Equity attributable to owners of parent | ¥6.29B | ¥6.31B | ¥4.25B | ¥4.33B | ¥2.78B |
| Retained earnings | ¥3.48B | ¥3.48B | ¥1.41B | ¥1.48B | -¥120M |
| Treasury stock | ¥0 | ¥0 | ¥0 | ¥0 | ¥0 |
EDINET (FSA Japan)
有価証券報告書－第23期(2025/01/01－2025/12/31)
EDINET (FSA Japan)
有価証券報告書－第22期(2024/01/01－2024/12/31)
EDINET (FSA Japan)
有価証券報告書－第21期(2023/01/01－2023/12/31)
EDINET (FSA Japan)
有価証券報告書－第20期(2022/01/01－2022/12/31)
EDINET (FSA Japan)
有価証券報告書－第19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18期(令和2年1月1日－令和2年12月31日)
Extracted from XBRL: 46 / Derived from other figures: 1
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