Dowa HoldingsDOWA HOLDINGS CO.,LTD.5714東証プライム非鉄金属FY ending Mar 2026, consolidated, J-GAAP
Out of every ¥100 of sales, about ¥5 is left as operating profit. Revenue changed +9.8% from the prior year, operating profit +6.1%.
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 | 6.1% | 1.27× | 7.8% | 2.16× | 16.8% |
| 2023 | 3.2% | 1.19× | 3.8% | 2.10× | 8.0% |
| 2024 | 3.9% | 1.11× | 4.3% | 1.95× | 8.5% |
| 2025 | 4.0% | 1.04× | 4.2% | 1.88× | 7.8% |
| 2026 | 8.4% | 1.02× | 8.5% | 1.94× | 16.5% |
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 | 831,794 | 780,060 | 717,194 | 678,672 | 745,410 |
| Cost of revenue | 725,368 | 689,241 | 635,748 | 592,043 | 655,111 |
| Gross profit | 106,425 | 90,819 | 81,446 | 86,629 | 90,299 |
| SG&A | 42,601 | 46,208 | 51,443 | 54,403 | 56,106 |
| Operating income | 63,824 | 44,610 | 30,003 | 32,226 | 34,192 |
| Pretax income | 77,090 | 45,930 | 43,768 | 38,604 | 78,104 |
| Income tax | 20,259 | 16,416 | 14,234 | 10,565 | 13,609 |
| Net income attributable to owners | 51,012 | 25,041 | 27,853 | 27,128 | 62,458 |
| Operating margin | 7.7% | 5.7% | 4.2% | 4.7% | 4.6% |
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 Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
|---|---|---|---|---|---|
| Cash and equivalents | ¥35.7B | ¥37.8B | ¥73B | ¥41.2B | ¥49.3B |
| Total assets | ¥657.3B | ¥655.3B | ¥632.8B | ¥673.5B | ¥794.5B |
| Net assets | ¥328.6B | ¥360.6B | ¥388.8B | ¥416B | ¥474.6B |
| Share capital | ¥36.4B | ¥36.4B | ¥36.4B | ¥36.4B | ¥36.4B |
| Property, plant and equipment | ¥168.3B | ¥173.2B | ¥194.1B | ¥208.6B | ¥210.7B |
| Intangible assets excluding goodwill | ¥9.47B | ¥11.1B | ¥10.2B | ¥8.91B | ¥7.56B |
| Goodwill | ¥3.16B | ¥2.67B | ¥2.22B | ¥1.71B | ¥1.19B |
| Investment securities | ¥79.7B | ¥78.8B | ¥76.1B | ¥76.7B | ¥88B |
| Current assets | ¥383B | ¥379B | ¥341.9B | ¥367B | ¥476.8B |
| Current liabilities | ¥228.3B | ¥209.2B | ¥178.1B | ¥201.7B | ¥249.5B |
| Trade payables | ¥63.3B | ¥52B | ¥51.7B | ¥49B | ¥70.2B |
| Short-term borrowings | ¥27.9B | ¥27B | ¥26.4B | ¥30B | ¥29.3B |
| Long-term borrowings | ¥40.7B | ¥32.8B | ¥20.5B | ¥12.3B | ¥24.4B |
| Bonds | ¥30B | ¥20B | ¥10B | ¥10B | ¥10B |
| Interest-bearing debt | ¥98.6Bderived | ¥79.8Bderived | ¥56.9Bderived | ¥52.3Bderived | ¥63.7Bderived |
| Total liabilities | ¥328.7B | ¥294.7B | ¥244B | ¥257.5B | ¥319.8B |
| Non-controlling interests | ¥15.1B | ¥15.7B | ¥15.8B | ¥17.6B | ¥19.1B |
| Equity attributable to owners of parent | ¥303.6B | ¥320.1B | ¥338.9B | ¥357.3B | ¥400.3B |
| Retained earnings | ¥246.4B | ¥263.5B | ¥282.7B | ¥302B | ¥352.6B |
| Treasury stock | -¥5.06B | -¥5.04B | -¥5.01B | -¥4.99B | -¥13B |
EDINET (FSA Japan)
有価証券報告書－第123期(2025/04/01－2026/03/31)
EDINET (FSA Japan)
有価証券報告書－第122期(2024/04/01－2025/03/31)
EDINET (FSA Japan)
有価証券報告書－第121期(2023/04/01－2024/03/31)
EDINET (FSA Japan)
有価証券報告書－第120期(2022/04/01－2023/03/31)
EDINET (FSA Japan)
有価証券報告書－第119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118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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