Citizen WatchCitizen Watch Co., Ltd.7762東証プライム精密機器FY ending Mar 2026, consolidated, J-GAAP
Out of every ¥100 of sales, about ¥9 is left as operating profit. Revenue changed +9.4% from the prior year, operating profit +46.9%.
Net margin × asset turnover = ROA; ROA × financial leverage = ROE
Denominators: average assets and average equity. Derived from reported values; ROE is shown only for positive profit and equity.
| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE |
|---|---|---|---|---|---|
| 2022 | 7.9% | 0.71× | 5.6% | 1.94× | 10.8% |
| 2023 | 7.2% | 0.77× | 5.6% | 2.00× | 11.1% |
| 2024 | 7.3% | 0.78× | 5.7% | 2.13× | 12.2% |
| 2025 | 7.5% | 0.76× | 5.7% | 2.12× | 12.2% |
| 2026 | 9.0% | 0.78× | 7.0% | 2.07× | 14.6% |
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 Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
|---|---|---|---|---|---|
| Revenue | 281,417 | 301,366 | 312,830 | 316,885 | 346,808 |
| Cost of revenue | 174,578 | 179,186 | 181,447 | 182,334 | 197,277 |
| Gross profit | 106,839 | 122,180 | 131,383 | 134,550 | 149,530 |
| SG&A | 84,565 | 98,472 | 106,314 | 113,958 | 119,280 |
| Operating income | 22,273 | 23,708 | 25,068 | 20,592 | 30,250 |
| Pretax income | 26,694 | 28,240 | 29,329 | 29,533 | 36,127 |
| Income tax | 4,266 | 7,210 | 6,524 | 5,728 | 4,933 |
| Net income attributable to owners | 22,140 | 21,836 | 22,958 | 23,876 | 31,100 |
| Operating margin | 7.9% | 7.9% | 8.0% | 6.5% | 8.7% |
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 Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
|---|---|---|---|---|---|
| Cash and equivalents | ¥111.2B | ¥79.2B | ¥80.3B | ¥92.6B | ¥104B |
| Total assets | ¥395B | ¥390B | ¥415.4B | ¥415.6B | ¥468.3B |
| Net assets | ¥238.7B | ¥232.8B | ¥256.1B | ¥264.1B | ¥302.1B |
| Share capital | ¥32.6B | ¥32.6B | ¥32.6B | ¥32.6B | ¥32.6B |
| Trade receivables | ¥49.3B | ¥53.7B | ¥57.8B | ¥53.9B | ¥62B |
| Property, plant and equipment | ¥74.9B | ¥79.5B | ¥88B | ¥91.6B | ¥104.4B |
| Intangible assets excluding goodwill | ¥4.83B | ¥4.75B | ¥5.21B | ¥6.52B | ¥7.88B |
| Investment securities | ¥37.3B | ¥39B | ¥46.6B | ¥37B | ¥39.9B |
| Current assets | ¥270.1B | ¥259.6B | ¥267.7B | ¥271.9B | ¥305B |
| Current liabilities | ¥69.3B | ¥79.3B | ¥75.6B | ¥77.6B | ¥86.8B |
| Trade payables | ¥18.4B | ¥18.9B | ¥18.7B | ¥17.9B | ¥23.6B |
| Short-term borrowings | ¥4.77B | ¥3.79B | ¥10.1B | ¥15.2B | ¥10B |
| Long-term borrowings | ¥51.4B | ¥51.3B | ¥42.4B | ¥37B | ¥37B |
| Bonds | ¥10B | — | ¥10B | ¥10B | ¥10B |
| Interest-bearing debt | ¥66.2Bderived | — | ¥62.5Bderived | ¥62.2Bderived | ¥57Bderived |
| Total liabilities | ¥156.3B | ¥157.2B | ¥159.3B | ¥151.4B | ¥166.2B |
| Non-controlling interests | ¥9.37B | ¥8.6B | ¥8.47B | ¥8.23B | ¥8.95B |
| Equity attributable to owners of parent | ¥204.1B | ¥188.3B | ¥189.2B | ¥202.7B | ¥223.4B |
| Retained earnings | ¥145.9B | ¥150.5B | ¥124.5B | ¥138B | ¥157.8B |
| Treasury stock | -¥8.22B | -¥28.6B | -¥1.7B | -¥1.67B | -¥1.78B |
EDINET (FSA Japan)
有価証券報告書－第141期(2025/04/01－2026/03/31)
EDINET (FSA Japan)
有価証券報告書－第140期(2024/04/01－2025/03/31)
EDINET (FSA Japan)
有価証券報告書－第139期(2023/04/01－2024/03/31)
EDINET (FSA Japan)
有価証券報告書－第138期(2022/04/01－2023/03/31)
EDINET (FSA Japan)
有価証券報告書－第137期(令和3年4月1日－令和4年3月31日)
EDINET (FSA Japan)
有価証券報告書－第136期(令和2年4月1日－令和3年3月31日)
Extracted from XBRL: 55 / Derived from other figures: 2
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