# CAPITA Inc.: 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77期(2025/04/01－2026/03/31) (S100YM73)
> Page: https://vizora.meequs.com/en/company/capita
> Retrieved: 2026-09-30T19:49:37.039Z

## Company

Capita, founded in 1949, is a company in Bicycles listed on TSE Standard. It has 23 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | CAPITA Inc. |
| Ticker | 7462 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/7462.T) |
| Listing | TSE Standard |
| Head office | 東京都豊島区巣鴨一丁目11番1号 巣鴨ダイヤビル3階 |
| Representative (per filing) | 代表取締役CEO 宮田浩二 |
| Founded | May 1949 |
| Share capital | ¥90M |
| Employees (consolidated) | 23 |
| Average salary (parent only) | ¥5.4M |
| Fiscal year end | March |
| Website | www.capita-inc.jp (https://www.capita-inc.jp/) |
| Corporate number | 6010001141167 |
| EDINET | E03252 |
| Industries (Vizora) | Bicycles, Oil Refining & Fuels, Venture Capital, Real Estate Development & Leasing |

> Profile source: annual securities report (S100YM73, filed 2026-06-29). As of filing

## Five-axis industry profile

Primary industry: Oil Refining & Fuels (2026-03-31)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Profitability | 3.8 | 13 |
| Efficiency | 3.8 | 13 |

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)

- About 82% of Capita's sales come from Oil, with Real estate and Specialty store making up much of the rest.
- It lost about ¥2 for every ¥100 of sales at the operating level.
- Revenue changed -37.5% from the prior year, operating profit -137.9%.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Revenue | ¥2.11B |  |
| Operating income | -¥30.1M | Margin -1.4% |
| Net income | ¥137M | Margin 6.5% |
| Free cash flow | -¥2.09B |  |
| Largest business | Oil | of segment revenue 82.5% |
| Employees (consolidated) | 23 |  |
| EPS | ¥49.48 |  |
| Book value per share | ¥465 |  |
| Equity ratio | 34.2% |  |
| Shares outstanding | 4,111,000 |  |
| Shareholders | 747 |  |
| Average salary (parent only) | ¥5.4M | Filing company only |
| Cash ratio | 23.8% | Cash ÷ revenue 61.3% |
| Vs. industry median margin | -3.8 pp | Oil Refining & Fuels |
| ROE | 8.4% | Derived from disclosed figures |
| ROA | 2.5% | Derived from disclosed figures |

## Notable figures

- FY2026, segment profit share differs by 43 points

## What changed in 5 years

Currency or consolidation scope differs; percentage changes are omitted.

| Metric | FY ending Mar 2021 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥2879267000 | ¥2107195000 | — |
| Operating income | ¥76223000 | ¥-30140000 | — |
| Operating margin | 2.6% | -1.4% | -4.1 pp |
| Employees | 49 people | 23 people | — |
| Cash and equivalents | ¥309455000 | ¥1291595000 | — |

### 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.

| Flow | Revenue share |
| --- | ---: |
| 石油事業 → 石油事業 | 66.9% |
| 専門店事業 → 専門店事業 | 4.2% |
| 専門店事業 → 事業再編・廃止 | 23.6% |
| 不動産事業 → 不動産事業 | 5.4% |
| 新設・再編 → 石油事業 | 15.6% |
| 新設・再編 → 不動産事業 | 7.2% |
| 新設・再編 → ファンド事業 | 0.8% |

Segment revenue source references: 7 (derived)

## Business growth × margin

X-axis: segment revenue CAGR. Y-axis: latest operating margin. Bubble size: latest revenue. CAGR requires at least two comparable years.

| Segment | CAGR span | Revenue CAGR | Latest revenue | Operating margin | Source refs |
| --- | ---: | ---: | ---: | ---: | ---: |
| Oil | — | — | ¥1737739000 | 5.8% | 2 |
| Real estate | — | — | ¥265306000 | 47.9% | 2 |
| Specialty store | — | — | ¥88336000 | -17.1% | 2 |
| Fund | — | — | ¥15812000 | 6.1% | 2 |

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

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 2,107 | 100.0% | S100YM73 |
| Cost of revenue | 1,471 | 69.8% | S100YM73 |
| Gross profit | 636 | 30.2% | S100YM73 |
| SG&A | 666 | 31.6% | S100YM73 |
| Operating income | -30 | -1.4% | S100YM73 |
| Ordinary income | -50 | -2.4% | S100YM73 |
| Pretax income | 178 | 8.4% | S100YM73 |
| Income tax | 37 | 1.8% | S100YM73 |
| Net income | 141 | 6.7% | S100YM73 |
| Net income attributable to owners | 137 | 6.5% | S100YM73 |

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

| Part | JPY |
| --- | ---: |
| Cost of revenue | 70 |
| SG&A | 32 |
| Operating income | -2 |
| (Ref.) Net income | 6 |

### Margin funnel

Gross margin 30.2% → Operating margin -1.4% → Net margin 6.5%
Derived from reported figures (DERIVED).

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

| Metric | Prior | Current | Change | % change |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 3,369 | 2,107 | -1,262 | -37.5% |
| Gross profit | 909 | 636 | -274 | -30.1% |
| Operating income | 79 | -30 | -110 | -137.9% |
| Operating cash flow | 576 | -2,090 | -2,666 | -463.0% |
| Free cash flow | 563 | -2,094 | -2,657 | -471.9% |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2020 | 3,279 | 53 | 1.6% | 20 | 34 | -24 | S100LS7K |
| FY ending Mar 2021 | 2,879 | 76 | 2.6% | 15 | 91 | 88 | S100OMHI |
| FY ending Mar 2022 | 3,344 | 84 | 2.5% | 56 | -249 | -260 | S100R9KL |
| FY ending Mar 2023 | 3,345 | 82 | 2.5% | 56 | -187 | -231 | S100TX89 |
| FY ending Mar 2024 | 3,044 | 53 | 1.7% | 23 | -22 | -607 | S100W8M6 |
| FY ending Mar 2025 | 3,369 | 79 | 2.4% | 30 | 576 | 563 | S100W8M6 |
| FY ending Mar 2026 | 2,107 | -30 | -1.4% | 137 | -2,090 | -2,094 | S100YM73 |

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

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥91.6M |
| Operating income per employee (consolidated) | -¥1.3M |
| Net income per employee (consolidated) | ¥6M |

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) | 52 | 48 | 50 | 42 | 23 |
| Average salary (parent company) | ¥4.6M | ¥4.7M | ¥4.7M | ¥4.7M | ¥5.4M |
| Average age (parent company) | 39.8 years | 41.0 years | 41.1 years | 42.5 years | 47.5 years |
| Average tenure (parent company) | 9.0 years | 10.4 years | 9.7 years | 11.1 years | 13.4 years |

## Segments（FY ending Mar 2026, consolidated, J-GAAP、JPY mn）

| Segment | Revenue | Share | Op. income | Op. margin |
| --- | ---: | ---: | ---: | ---: |
| Oil | 1,738 | 82.5% | 101 | 5.8% |
| Specialty store | 88 | 4.2% | -15 | -17.1% |
| Real estate | 265 | 12.6% | 127 | 47.9% |
| Fund | 16 | 0.8% | 1 | 6.1% |

### segmentMix — Revenue and profit mix

Calculated from disclosed figures (DERIVED). Shares use total segment revenue and total positive segment profit respectively. Difference = profit share − revenue share (pt). Inter-segment sales may prevent reconciliation to company revenue.

| Segment | Revenue share | Profit share | Difference (pt) | Margin |
| --- | ---: | ---: | ---: | ---: |
| Oil | 82.5% | 44.1% | -38.3 | 5.8% |
| Specialty store | 4.2% | — | — | -17.1% |
| Real estate | 12.6% | 55.4% | 42.9 | 47.9% |
| Fund | 0.8% | 0.4% | -0.3 | 6.1% |

Loss-making segment (excluded from profit shares): Specialty store -15 JPY mn

Segment → industry: Specialty store → Bicycles / Oil → Oil Refining & Fuels / Fund → Venture Capital / Real estate → Real Estate Development & Leasing

## 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 | -2,090 | -99.2% | S100YM73 |
| Capital expenditure | 4 | 0.2% | S100YM73 |
| Free cash flow | -2,094 | -99.4% | 算出 |
| Investing cash flow | 604 | 28.7% | S100YM73 |
| Financing cash flow | 1,921 | 91.2% | S100YM73 |
| Dividends paid | 39 | 1.9% | S100YM73 |
| Change in cash | 436 | 20.7% | S100YM73 |
| Cash and equivalents | 1,292 | 61.3% | S100YM73 |

## 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 | 444 | 364 | 126 | 605 | 1,292 | S100TX89, S100W8M6, S100YM73 |
| Total assets | 2,400 | 2,569 | 3,005 | 2,889 | 5,430 | S100R9KL, S100TX89, S100W8M6, S100YM73 |
| Net assets | 1,442 | 1,491 | 1,506 | 1,524 | 1,987 | S100TX89, S100W8M6, S100YM73 |
| Share capital | 90 | 90 | 90 | 90 | 90 | S100R9KL, S100TX89, S100W8M6, S100YM73 |
| Property, plant and equipment | 1,023 | 1,045 | 1,607 | 1,568 | 1,164 | S100R9KL, S100TX89, S100W8M6, S100YM73 |
| Intangible assets excluding goodwill | 2 | 2 | 1 | 1 | 14 | S100R9KL, S100TX89, S100W8M6, S100YM73 |
| Goodwill | — | — | — | — | 13 | S100YM73 |
| Investment securities | 4 | 4 | 4 | 4 | 61 | S100R9KL, S100TX89, S100W8M6, S100YM73 |
| Current assets | 1,214 | 1,353 | 1,238 | 1,108 | 4,033 | S100R9KL, S100TX89, S100W8M6, S100YM73 |
| Current liabilities | 596 | 751 | 1,191 | 797 | 1,186 | S100R9KL, S100TX89, S100W8M6, S100YM73 |
| Short-term borrowings | 325 | 527 | 950 | 600 | 654 | S100R9KL, S100TX89, S100W8M6, S100YM73 |
| Long-term borrowings | 60 | 20 | — | 259 | 1,952 | S100R9KL, S100TX89, S100W8M6, S100YM73 |
| Total liabilities | 958 | 1,079 | 1,499 | 1,365 | 3,443 | S100R9KL, S100TX89, S100W8M6, S100YM73 |
| Non-controlling interests | — | — | — | — | 130 | S100YM73 |
| Equity attributable to owners of parent | 1,073 | 1,121 | 1,137 | 1,159 | 1,634 | S100R9KL, S100TX89, S100W8M6, S100YM73 |
| Retained earnings | 795 | 843 | 859 | 882 | 1,118 | S100R9KL, S100TX89, S100W8M6, S100YM73 |
| Treasury stock | -89 | -89 | -89 | -89 | -0 | S100R9KL, S100TX89, S100W8M6, S100YM73 |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 24% | S100YM73 |
| Property, plant and equipment | 21% | S100YM73 |
| Intangibles and goodwill | 1% | S100YM73 |
| Investment securities | 1% | S100YM73 |
| Other assets | 53% | S100YM73 |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Other liabilities | 63% | S100YM73 |
| Equity | 37% | S100YM73 |
| Other liabilities | 0% | S100YM73 |

### 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 | 2,400 | 2,569 | 3,005 | 2,889 | 5,430 |
| Equity | 1,442 | 1,491 | 1,506 | 1,524 | 1,987 |
| Interest-bearing debt | — | — | — | — | — |
| Cash | 444 | 364 | 126 | 605 | 1,292 |

## 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) | 55.2% | S100YM73 |
| Fixed assets ÷ total assets | 21.4% | S100YM73 |
| Goodwill ÷ parent equity | 0.8% | S100YM73 |

### 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) | 23.8% |
| Cash ÷ revenue | 61.3% |
| Net cash (cash − interest-bearing debt) | — |
| Net debt ÷ operating cash flow | — |
| Cash conversion (operating CF ÷ operating income) | — |
| Cash vs. profit gap | -2,227 JPY mn (of net income -1626.0%) |
| Shareholder returns / net income | — |
| Shareholder returns / FCF | — |
| Shareholder payments — dividends / net income | 28.6% |
| Shareholder payments — dividends / FCF | — |
| CapEx intensity (capex ÷ revenue) | 0.2% |
| 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 | 1.7% | 1.39× | 2.4% | 2.24× | 5.3% | S100R9KL |
| 2023 | 1.7% | 1.35× | 2.2% | 2.27× | 5.1% | S100TX89 |
| 2024 | 0.7% | 1.09× | 0.8% | 2.47× | 2.0% | S100W8M6 |
| 2025 | 0.9% | 1.14× | 1.0% | 2.57× | 2.6% | S100W8M6 |
| 2026 | 6.5% | 0.39× | 2.5% | 3.32× | 8.4% | S100YM73 |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 株式会社桃の木 | Major shareholder | 22.3% | 2026-03-31 |
| KMOキャピタル有限責任事業組合 | Major shareholder | 20.2% | 2026-03-31 |
| 森下 竜一 | Major shareholder | 4.3% | 2026-03-31 |
| 光野 有二朗 | Major shareholder | 2.4% | 2026-03-31 |
| 森 猛 | Major shareholder | 2.2% | 2026-03-31 |
| 巣鴨信用金庫 | Major shareholder | 1.9% | 2026-03-31 |
| 宮田 浩二 | Major shareholder | 1.9% | 2026-03-31 |
| 神谷 浩和 | Major shareholder | 1.2% | 2026-03-31 |
| 森 重明 | Major shareholder | 1.0% | 2026-03-31 |
| 西澤 良記 | Major shareholder | 0.9% | 2026-03-31 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第77期(2025/04/01－2026/03/31) | S100YM73 | 2026-06-29 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YM73,, |
| 有価証券報告書－第76期(2024/04/01－2025/03/31) | S100W8M6 | 2025-06-27 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100W8M6,, |
| 有価証券報告書－第75期(2023/04/01－2024/03/31) | S100TX89 | 2024-06-28 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100TX89,, |
| 有価証券報告書－第74期(2022/04/01－2023/03/31) | S100R9KL | 2023-06-30 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100R9KL,, |
| 有価証券報告書－第73期(令和3年4月1日－令和4年3月31日) | S100OMHI | 2022-06-30 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100OMHI,, |
| 有価証券報告書－第72期(令和2年4月1日－令和3年3月31日) | S100LS7K | 2021-06-28 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100LS7K,, |

## 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).