Elevator CommunicationsElevator Communications Co.,Ltd.353A札幌証券取引所・福岡証券取引所サービス業FY ending May 2026, non-consolidated, J-GAAP

Elevator Communications revenue and profit

Out of every ¥100 of sales, about ¥6 is left as operating profit. Revenue changed +12.4% from the prior year, operating profit +6.2%.

Five-year trend

Revenue¥4.55B
FY ending May 2024: ¥3.29B¥3.29BFY ending May 2025: ¥4.05B¥4.05BFY ending May 2026: ¥4.55B¥4.55BFY24FY25FY26
Operating income¥281.2M
FY ending May 2024: ¥140.2M¥140.2MFY ending May 2025: ¥264.7M¥264.7MFY ending May 2026: ¥281.2M¥281.2MFY24FY25FY26
Operating margin6.2%
FY ending May 2024: 4.3%4.3%FY ending May 2025: 6.5%6.5%FY ending May 2026: 6.2%6.2%FY24FY25FY26

What drives ROE

Net margin × asset turnover = ROA; ROA × financial leverage = ROE

Net margin4.0%
Asset turnover2.54×
ROA10.2%
ROA10.2%
Financial leverage3.88×
ROE39.4%

Denominators: average assets and average equity. Derived from reported values; ROE is shown only for positive profit and equity.

Net margin4.0%
2024: 2.3%2.3%2025: 3.6%3.6%2026: 4.0%4.0%242526
Asset turnover2.54×
2024: 2.50×2.50×2025: 2.70×2.70×2026: 2.54×2.54×242526
ROA10.2%
2024: 5.6%5.6%2025: 9.8%9.8%2026: 10.2%10.2%242526
Financial leverage3.88×
2024: 12.92×12.92×2025: 6.60×6.60×2026: 3.88×3.88×242526
ROE39.4%
2024: 72.9%72.9%2025: 65.0%65.0%2026: 39.4%39.4%242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
20242.3%2.50×5.6%12.92×72.9%
20253.6%2.70×9.8%6.60×65.0%
20264.0%2.54×10.2%3.88×39.4%

Financial leverage can raise ROE; a higher value alone does not describe a company's overall condition.

Asset intensity and goodwill

Annual trends in tangible-asset ratios and goodwill balance.

PPE ÷ revenue4.3%
2024: 4.9%4.9%2025: 4.1%4.1%2026: 4.3%4.3%242526
PPE ÷ total assets10.3%
2024: 12.3%12.3%2025: 9.8%9.8%2026: 10.3%10.3%242526

Ratios are derived from reported values. Goodwill is shown only when separately reported; it is not inferred from combined intangible assets. Definition

Income statement (JPY millions)

ItemFY ending May 2024FY ending May 2025FY ending May 2026
Revenue3,2914,0484,551
Cost of revenue2,2462,7873,154
Gross profit1,0451,2611,398
SG&A9059961,116
Operating income140265281
Pretax income136263289
Income tax62115107
Net income attributable to owners74147182
Operating margin4.3%6.5%6.2%

Balance sheet (reported items)

Year-end figures from filings. Unreported items are omitted. Interest-bearing debt excludes lease liabilities.

Assets

Cash 34%
Property, plant and equipment 10%
4%
Other assets 52%

Funding

Other liabilities 70%
Equity 30%
0%

Each bar totals 100% of assets; other is the residual.

ItemFY ending May 2024FY ending May 2025FY ending May 2026
Cash and equivalents¥522.5M¥563.8M¥646.7M
Total assets¥1.32B¥1.68B¥1.9B
Net assets¥103.3M¥353.3M¥573.1M
Share capital¥67.1M¥118.3M¥137.4M
Property, plant and equipment¥162.2M¥164.3M¥196.7M
Intangible assets excluding goodwill¥36.9M¥33.6M¥69.5M
Current assets¥1.07B¥1.45B¥1.6B
Current liabilities¥812.8M¥985.3M¥1.07B
Long-term borrowings¥358M¥289.1M¥183.4M
Total liabilities¥1.21B¥1.33B¥1.33B
Equity attributable to owners of parent¥101.9M¥351.8M¥572.3M
Retained earnings-¥10.3M¥137.2M¥319.4M

Sources

Show source documents (2)
  • EDINET (FSA Japan)

    有価証券報告書-第21期(2025/06/01-2026/05/31)

    ID S100YZBZ2026-08-28Open
  • EDINET (FSA Japan)

    有価証券報告書-第20期(2024/06/01-2025/05/31)

    ID S100WM3J2025-08-29Open

Extracted from XBRL: 40 / Derived from other figures: 1

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