# Castrico Co., Ltd.: business model and financials

> Latest period: FY ending Oct 2025, non-consolidated, J-GAAP
> Unit: JPY millions
> Sources: 有価証券報告書－第32期(2025/11/01－2026/03/31) (S100YJNO)
> Page: https://vizora.meequs.com/en/company/castrico
> Retrieved: 2026-09-30T20:25:17.347Z

## Company

Castrico, founded in 1995, is a company in Semiconductor Equipment listed on Tokyo. It has 132 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | Castrico Co., Ltd. |
| Ticker | 6695 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/6695.T) |
| Listing | Tokyo |
| Head office | 東京都中央区晴海一丁目8番12号 晴海アイランドトリトンスクエアオフィスタワーZ29階 |
| Representative (per filing) | 代表取締役社長 佐川 達也 |
| Founded | Apr 1995 |
| Share capital | ¥282.5M |
| Employees (consolidated) | 132 |
| Fiscal year end | March |
| Website | www.castrico.co.jp (https://www.castrico.co.jp/) |
| Corporate number | 4010001096017 |
| EDINET | E33345 |
| Industries (Vizora) | Semiconductor Equipment |

> Profile source: annual securities report (S100YJNO, filed 2026-06-24). As of filing

## Five-axis industry profile

Primary industry: Semiconductor Equipment (2025-10-31)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Profitability | 6.1 | 41 |
| Cash conversion | 93.6 | 39 |
| Efficiency | 96.3 | 41 |

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)

- Castrico brought in ¥3.61B in revenue.
- Out of every ¥100 of sales, about ¥3 is left as operating profit.

## Company structure

- Segment revenue mix: Segment revenue breakdown is not disclosed
- Revenue → net income: ¥3609243000 → ¥79591000
- Net income → operating cash flow: ¥79591000 → ¥487534000（difference ¥407943000）
- Main uses of operating cash flow: CapEx ¥12933000 / dividends ¥5510000 / buybacks —
- Change in cash: ¥436202000
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 | ¥3.61B |  |
| Operating income | ¥122.7M | Margin 3.4% |
| Net income | ¥79.6M | Margin 2.2% |
| Free cash flow | ¥474.6M |  |
| Employees (consolidated) | 132 |  |
| EPS | ¥36.11 |  |
| Book value per share | ¥669.37 |  |
| Equity ratio | 62.0% |  |
| Shares outstanding | 2,264,000 |  |
| Cash ratio | 29.5% | Cash ÷ revenue 19.5% |
| Vs. industry median margin | -11.1 pp | Semiconductor Equipment |
| ROE | 5.4% | Derived from disclosed figures |
| ROA | 3.3% | Derived from disclosed figures |

## Notable figures

- FY2025, operating cash flow is 6.1× net income
- FY2025, cash is 29% of total assets

## Income statement（FY ending Oct 2025, non-consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 3,609 | 100.0% | S100YJNO |
| Cost of revenue | 2,817 | 78.1% | S100YJNO |
| Gross profit | 792 | 21.9% | S100YJNO |
| SG&A | 670 | 18.5% | S100YJNO |
| Operating income | 123 | 3.4% | S100YJNO |
| Ordinary income | 131 | 3.6% | S100YJNO |
| Pretax income | 114 | 3.1% | S100YJNO |
| Income tax | 34 | 0.9% | S100YJNO |
| Net income | 80 | 2.2% | S100YJNO |

## Per ¥100 of revenue（FY ending Oct 2025）

| Part | JPY |
| --- | ---: |
| Cost of revenue | 78 |
| SG&A | 19 |
| Operating income | 3 |
| (Ref.) Net income | 2 |

### Margin funnel

Gross margin 21.9% → Operating margin 3.4% → Net margin 2.2%
Derived from reported figures (DERIVED).

## People and productivity（FY ending Oct 2025, non-consolidated, J-GAAP）

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥27.3M |
| Operating income per employee (consolidated) | ¥929.2K |
| Net income per employee (consolidated) | ¥603K |

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

| History | FY ending Oct 2025 |
| --- | ---: |
| Employees (consolidated) | 132 |
| Average salary (parent company) | — |
| Average age (parent company) | — |
| Average tenure (parent company) | — |

## Revenue by geography

No geographic revenue breakdown was disclosed.

## Cash flow（FY ending Oct 2025, non-consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Operating cash flow | 488 | 13.5% | S100YJNO |
| Capital expenditure | 13 | 0.4% | S100YJNO |
| Free cash flow | 475 | 13.1% | 算出 |
| Investing cash flow | -13 | -0.4% | S100YJNO |
| Financing cash flow | -38 | -1.1% | S100YJNO |
| Dividends paid | 6 | 0.2% | S100YJNO |
| Change in cash | 436 | 12.1% | S100YJNO |
| Cash and equivalents | 702 | 19.5% | S100YJNO |

## 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 Oct 2025 | Source |
| --- | ---: | ---: |
| Cash and equivalents | 702 | S100YJNO |
| Total assets | 2,381 | S100YJNO |
| Net assets | 1,475 | S100YJNO |
| Share capital | 282 | S100YJNO |
| Property, plant and equipment | 138 | S100YJNO |
| Intangible assets excluding goodwill | 2 | S100YJNO |
| Investment securities | 2 | S100YJNO |
| Current assets | 2,087 | S100YJNO |
| Current liabilities | 529 | S100YJNO |
| Long-term borrowings | 309 | S100YJNO |
| Total liabilities | 906 | S100YJNO |
| Equity attributable to owners of parent | 1,475 | S100YJNO |
| Retained earnings | 1,012 | S100YJNO |
| Treasury stock | -4 | S100YJNO |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 29% | S100YJNO |
| Property, plant and equipment | 6% | S100YJNO |
| Intangibles and goodwill | 0% | S100YJNO |
| Investment securities | 0% | S100YJNO |
| Other assets | 65% | S100YJNO |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Other liabilities | 38% | S100YJNO |
| Equity | 62% | S100YJNO |
| Other liabilities | 0% | S100YJNO |

## 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) | 3.8% | S100YJNO |
| Fixed assets ÷ total assets | 5.8% | S100YJNO |
| Goodwill ÷ parent equity | — | —, S100YJNO |

### 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) | 29.5% |
| Cash ÷ revenue | 19.5% |
| Net cash (cash − interest-bearing debt) | — |
| Net debt ÷ operating cash flow | — |
| Cash conversion (operating CF ÷ operating income) | 397.5% |
| Cash vs. profit gap | 408 JPY mn (of net income 512.5%) |
| Shareholder returns / net income | — |
| Shareholder returns / FCF | — |
| Shareholder payments — dividends / net income | 6.9% |
| Shareholder payments — dividends / FCF | 1.2% |
| CapEx intensity (capex ÷ revenue) | 0.4% |
| Investing CF relative to operating CF | 2.7% |

## 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 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| 2025 | 2.2% | 1.52× | 3.3% | 1.61× | 5.4% | S100YJNO |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| ㈱ＮＦＫホールディングス | Major shareholder | 52.1% | 2026-03-31 |
| 吉田 隆治 | Major shareholder | 10.7% | 2026-03-31 |
| 丸文㈱ | Major shareholder | 4.5% | 2026-03-31 |
| 塩田 秀明 | Major shareholder | 4.4% | 2026-03-31 |
| 佐川 達也 | Major shareholder | 2.4% | 2026-03-31 |
| 三浦 隆夫 | Major shareholder | 2.2% | 2026-03-31 |
| 都留 顕二 | Major shareholder | 2.2% | 2026-03-31 |
| ㈲清水エイジェンシー | Major shareholder | 2.2% | 2026-03-31 |
| MATSUMOTO FRANK KAZUO | Major shareholder | 1.8% | 2026-03-31 |
| 中嶋 克宜 | Major shareholder | 1.8% | 2026-03-31 |
| 町田 美智子 | Major shareholder | 1.8% | 2026-03-31 |
| KS MICROELECTRONICS LLC （常任代理人 塩田秀明） | Major shareholder | 1.8% | 2026-03-31 |
| CHEUNG SANDER | Major shareholder | 1.8% | 2026-03-31 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第32期(2025/11/01－2026/03/31) | S100YJNO | 2026-06-24 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YJNO,, |

## 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).