# Basis Corporation: business model and financials

> Latest period: FY ending Jun 2026, consolidated, J-GAAP
> Unit: JPY millions
> Sources: 有価証券報告書－第26期(2025/07/01－2026/06/30) (S100Z3RZ)
> Page: https://vizora.meequs.com/en/company/basis
> Retrieved: 2026-09-30T22:22:22.083Z

## Company

Basis, founded in 2017, is a company in Plant Engineering & Building Services listed on TSE Growth. It has 560 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | Basis Corporation |
| Ticker | 4068 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/4068.T) |
| Listing | TSE Growth |
| Head office | 東京都港区芝公園二丁目4番1号 |
| Representative (per filing) | 代表取締役社長 吉村 公孝 |
| Founded | Jun 2017 |
| Share capital | ¥339.9M |
| Employees (consolidated) | 560 |
| Average salary (parent only) | ¥5.1M |
| Fiscal year end | June |
| Website | basis-corp.jp (https://basis-corp.jp/) |
| Corporate number | 7010701017054 |
| EDINET | E36659 |
| Industries (Vizora) | Plant Engineering & Building Services |

> Profile source: annual securities report (S100Z3RZ, filed 2026-09-24). As of filing

## Five-axis industry profile

Primary industry: Plant Engineering & Building Services (2026-06-30)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Profitability | 4.6 | 76 |
| Cash conversion | 31.8 | 74 |
| Efficiency | 96.7 | 76 |

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)

- Basis brought in ¥8.43B in revenue.
- Out of every ¥100 of sales, about ¥3 is left as operating profit.
- Revenue changed +5.5% from the prior year, operating profit +21.5%.

## Company structure

- Segment revenue mix: Segment revenue breakdown is not disclosed
- Revenue → net income: ¥8427008000 → ¥112798000
- Net income → operating cash flow: ¥112798000 → ¥103735000（difference ¥-9063000）
- Main uses of operating cash flow: CapEx ¥36338000 / dividends — / buybacks ¥44857000
- Change in cash: ¥-60297000
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 | ¥8.43B |  |
| Operating income | ¥216M | Margin 2.6% |
| Net income | ¥112.8M | Margin 1.3% |
| Free cash flow | ¥67.4M |  |
| Employees (consolidated) | 560 |  |
| EPS | ¥61.18 |  |
| Book value per share | ¥1165.35 |  |
| Equity ratio | 55.6% |  |
| Shares outstanding | 1,889,679 |  |
| Treasury shares | 49,100 |  |
| Shareholders | 1,906 |  |
| Average salary (parent only) | ¥5.1M | Filing company only |
| Cash ratio | 22.5% | Cash ÷ revenue 10.2% |
| Vs. industry median margin | -6.5 pp | Plant Engineering & Building Services |
| ROE | 5.4% | Derived from disclosed figures |
| ROA | 3.0% | Derived from disclosed figures |

## Notable figures

- FY2026, employees -4% while operating income rose 21%

## What changed in 5 years

Currency or consolidation scope differs; percentage changes are omitted.

| Metric | FY ending Jun 2021 | FY ending Jun 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥4894065000 | ¥8427008000 | — |
| Operating income | ¥383755000 | ¥216040000 | — |
| Operating margin | 7.8% | 2.6% | -5.3 pp |
| Employees | 334 people | 560 people | — |
| Cash and equivalents | ¥935195000 | ¥857334000 | — |

### Change in segment revenue mix

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

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

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 8,427 | 100.0% | S100Z3RZ |
| Cost of revenue | 6,492 | 77.0% | S100Z3RZ |
| Gross profit | 1,935 | 23.0% | S100Z3RZ |
| SG&A | 1,719 | 20.4% | S100Z3RZ |
| Operating income | 216 | 2.6% | S100Z3RZ |
| Ordinary income | 211 | 2.5% | S100Z3RZ |
| Pretax income | 211 | 2.5% | S100Z3RZ |
| Income tax | 98 | 1.2% | S100Z3RZ |
| Net income | 113 | 1.3% | S100Z3RZ |
| Net income attributable to owners | 113 | 1.3% | S100Z3RZ |

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

| Part | JPY |
| --- | ---: |
| Cost of revenue | 77 |
| SG&A | 20 |
| Operating income | 3 |
| (Ref.) Net income | 1 |

### Margin funnel

Gross margin 23.0% → Operating margin 2.6% → Net margin 1.3%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue and profit up
Revenue growth: +5.5%; Core profit growth: +21.5%
Growth quality: margin-expansion
Operating leverage (core profit growth ÷ revenue growth): 3.87×
Calculated from comparable annual consolidated filings.

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

| Metric | Prior | Current | Change | % change |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 7,984 | 8,427 | 443 | +5.5% |
| Gross profit | 1,864 | 1,935 | 71 | +3.8% |
| Operating income | 178 | 216 | 38 | +21.5% |
| Net income attributable to owners | 97 | 113 | 16 | +16.7% |
| Operating cash flow | 465 | 104 | -361 | -77.7% |
| Free cash flow | 423 | 67 | -355 | -84.1% |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Jun 2020 | 3,263 | 124 | 3.8% | 70 | 206 | — | S100MISG |
| FY ending Jun 2021 | 4,894 | 384 | 7.8% | 239 | -100 | — | S100P9Z6 |
| FY ending Jun 2022 | 6,264 | 490 | 7.8% | 325 | 2 | -24 | S100RXZU |
| FY ending Jun 2023 | 6,863 | 383 | 5.6% | 280 | 74 | -7 | S100RXZU |
| FY ending Jun 2024 | 6,822 | 81 | 1.2% | 17 | 39 | -2 | S100WR7P |
| FY ending Jun 2025 | 7,984 | 178 | 2.2% | 97 | 465 | 423 | S100Z3RZ |
| FY ending Jun 2026 | 8,427 | 216 | 2.6% | 113 | 104 | 67 | S100Z3RZ |

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

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥15M |
| Operating income per employee (consolidated) | ¥385.8K |
| Net income per employee (consolidated) | ¥201.4K |

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

| History | FY ending Jun 2022 | FY ending Jun 2023 | FY ending Jun 2024 | FY ending Jun 2025 | FY ending Jun 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Employees (consolidated) | 340 | 365 | 568 | 581 | 560 |
| Average salary (parent company) | ¥4.5M | ¥4.7M | ¥4.6M | ¥5.1M | ¥5.1M |
| Average age (parent company) | 35.6 years | 36.0 years | 36.1 years | 37.1 years | 37.7 years |
| Average tenure (parent company) | 5.2 years | 5.5 years | 6.1 years | 6.3 years | 7.1 years |

Year over year: Employees (consolidated) -3.6% · Revenue (consolidated) +5.5%

## Revenue by geography

No geographic revenue breakdown was disclosed.

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

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Operating cash flow | 104 | 1.2% | S100Z3RZ |
| Capital expenditure | 36 | 0.4% | S100Z3RZ |
| Free cash flow | 67 | 0.8% | 算出 |
| Investing cash flow | -76 | -0.9% | S100Z3RZ |
| Financing cash flow | -88 | -1.0% | S100Z3RZ |
| Share buyback | 45 | 0.5% | S100Z3RZ |
| Change in cash | -60 | -0.7% | S100Z3RZ |
| Cash and equivalents | 857 | 10.2% | S100Z3RZ |

## 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 Jun 2022 | FY ending Jun 2023 | FY ending Jun 2024 | FY ending Jun 2025 | FY ending Jun 2026 | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | 874 | 1,062 | 971 | 918 | 857 | S100RXZU, S100Z3RZ |
| Total assets | 3,027 | 3,555 | 3,987 | 3,718 | 3,814 | S100RXZU, S100WR7P, S100Z3RZ |
| Net assets | 1,669 | 1,955 | 1,971 | 2,047 | 2,145 | S100RXZU, S100Z3RZ |
| Share capital | 331 | 334 | 335 | 338 | 340 | S100RXZU, S100WR7P, S100Z3RZ |
| Property, plant and equipment | 7 | 128 | 127 | 119 | 161 | S100RXZU, S100WR7P, S100Z3RZ |
| Intangible assets excluding goodwill | 57 | 81 | 368 | 347 | 325 | S100RXZU, S100WR7P, S100Z3RZ |
| Goodwill | — | — | 93 | 81 | 68 | S100WR7P, S100Z3RZ |
| Investment securities | 40 | 20 | — | 0 | 33 | S100RXZU, S100Z3RZ |
| Current assets | 2,776 | 3,103 | 3,266 | 3,014 | 3,048 | S100RXZU, S100WR7P, S100Z3RZ |
| Current liabilities | 1,358 | 1,600 | 1,712 | 1,415 | 1,399 | S100RXZU, S100WR7P, S100Z3RZ |
| Short-term borrowings | 500 | 800 | 700 | 300 | 300 | S100RXZU, S100WR7P, S100Z3RZ |
| Long-term borrowings | — | — | 244 | 199 | 154 | S100WR7P, S100Z3RZ |
| Total liabilities | 1,358 | 1,600 | 2,016 | 1,671 | 1,669 | S100RXZU, S100WR7P, S100Z3RZ |
| Equity attributable to owners of parent | 1,669 | 1,955 | 1,971 | 2,047 | 2,119 | S100RXZU, S100WR7P, S100Z3RZ |
| Retained earnings | 1,057 | 1,337 | 1,354 | 1,451 | 1,563 | S100RXZU, S100WR7P, S100Z3RZ |
| Treasury stock | -0 | -0 | -4 | -30 | -75 | S100RXZU, S100WR7P, S100Z3RZ |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 23% | S100Z3RZ |
| Property, plant and equipment | 4% | S100Z3RZ |
| Intangibles and goodwill | 10% | S100Z3RZ |
| Investment securities | 1% | S100Z3RZ |
| Other assets | 62% | S100Z3RZ |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Other liabilities | 44% | S100Z3RZ |
| Equity | 56% | S100Z3RZ |

### Balance sheet history

| Metric | FY ending Jun 2022 | FY ending Jun 2023 | FY ending Jun 2024 | FY ending Jun 2025 | FY ending Jun 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Total assets | 3,027 | 3,555 | 3,987 | 3,718 | 3,814 |
| Equity | 1,669 | 1,955 | 1,971 | 2,047 | 2,145 |
| Interest-bearing debt | — | — | — | — | — |
| Cash | 874 | 1,062 | 971 | 918 | 857 |

## 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) | 1.9% | S100Z3RZ |
| Fixed assets ÷ total assets | 4.2% | S100Z3RZ |
| Goodwill ÷ parent equity | 3.2% | S100Z3RZ |

### 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) | 22.5% |
| Cash ÷ revenue | 10.2% |
| Net cash (cash − interest-bearing debt) | — |
| Net debt ÷ operating cash flow | — |
| Cash conversion (operating CF ÷ operating income) | 48.0% |
| Cash vs. profit gap | -9 JPY mn (of net income -8.0%) |
| Shareholder returns / net income | — |
| Shareholder returns / FCF | — |
| Shareholder payments — dividends / net income | — |
| Shareholder payments — dividends / FCF | — |
| CapEx intensity (capex ÷ revenue) | 0.4% |
| Investing CF relative to operating CF | 73.0% |

## 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 | 5.2% | 2.07× | 10.7% | 1.81× | 19.5% | S100RXZU |
| 2023 | 4.1% | 2.09× | 8.5% | 1.82× | 15.5% | S100RXZU |
| 2024 | 0.3% | 1.71× | 0.4% | 2.02× | 0.9% | S100WR7P |
| 2025 | 1.2% | 2.07× | 2.5% | 1.92× | 4.8% | S100Z3RZ |
| 2026 | 1.3% | 2.24× | 3.0% | 1.81× | 5.4% | S100Z3RZ |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| ワイズマネージメント株式会社 | Major shareholder | 46.2% | 2026-06-30 |
| 吉村 公孝 | Major shareholder | 17.7% | 2026-06-30 |
| ベイシスグループ従業員持株会 | Major shareholder | 5.5% | 2026-06-30 |
| ミヤザキ ヒロユキ | Major shareholder | 0.9% | 2026-06-30 |
| 山下 淳史 | Major shareholder | 0.8% | 2026-06-30 |
| 株式会社日本カストディ銀行（証券投資信託口） | Major shareholder | 0.6% | 2026-06-30 |
| 山森 正雄 | Major shareholder | 0.5% | 2026-06-30 |
| 石原 広高 | Major shareholder | 0.4% | 2026-06-30 |
| 白木 崇志 | Major shareholder | 0.4% | 2026-06-30 |
| J．Ｐ．ＭＯＲＧＡＮ ＳＥＣＵＲＩＴＩＥＳ ＰＬＣ （常任代理人 ＪＰモルガン証券株式会社） | Major shareholder | 0.3% | 2026-06-30 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第26期(2025/07/01－2026/06/30) | S100Z3RZ | 2026-09-24 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100Z3RZ,, |
| 有価証券報告書－第25期(2024/07/01－2025/06/30) | S100WR7P | 2025-09-25 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100WR7P,, |
| 有価証券報告書－第24期(2023/07/01－2024/06/30) | S100UGGR | 2024-09-30 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100UGGR,, |
| 有価証券報告書－第23期(2022/07/01－2023/06/30) | S100RXZU | 2023-09-29 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100RXZU,, |
| 有価証券報告書－第22期(令和3年7月1日－令和4年6月30日) | S100P9Z6 | 2022-09-30 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100P9Z6,, |
| 有価証券報告書－第21期(令和2年7月1日－令和3年6月30日) | S100MISG | 2021-09-30 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100MISG,, |

## 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).