Elitz HoldingsElitz Holdings Co.,Ltd.5533東証スタンダード不動産業FY ending Sep 2025, consolidated, J-GAAP

Elitz Holdings revenue and profit

Out of every ¥100 of sales, about ¥16 is left as operating profit. Revenue changed +9.4% from the prior year, operating profit +5.5%.

Five-year trend

Revenue¥6.39B
FY ending Sep 2022: ¥4.86B¥4.86BFY ending Sep 2023: ¥5.56B¥5.56BFY ending Sep 2024: ¥5.84B¥5.84BFY ending Sep 2025: ¥6.39B¥6.39BFY22FY23FY24FY25
Operating income¥1.02B
FY ending Sep 2022: ¥612.5M¥612.5MFY ending Sep 2023: ¥1.01B¥1.01BFY ending Sep 2024: ¥968.3M¥968.3MFY ending Sep 2025: ¥1.02B¥1.02BFY22FY23FY24FY25
Operating margin16.0%
FY ending Sep 2022: 12.6%12.6%FY ending Sep 2023: 18.2%18.2%FY ending Sep 2024: 16.6%16.6%FY ending Sep 2025: 16.0%16.0%FY22FY23FY24FY25

What drives ROE

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

Net margin11.0%
Asset turnover0.69×
ROA7.5%
ROA7.5%
Financial leverage1.86×
ROE13.9%

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

Net margin11.0%
2022: 8.9%8.9%2023: 11.8%11.8%2024: 11.0%11.0%2025: 11.0%11.0%22232425
Asset turnover0.69×
2022: 0.62×0.62×2023: 0.68×0.68×2024: 0.67×0.67×2025: 0.69×0.69×22232425
ROA7.5%
2022: 5.6%5.6%2023: 8.1%8.1%2024: 7.3%7.3%2025: 7.5%7.5%22232425
Financial leverage1.86×
2022: 2.27×2.27×2023: 2.12×2.12×2024: 1.95×1.95×2025: 1.86×1.86×22232425
ROE13.9%
2022: 12.6%12.6%2023: 17.1%17.1%2024: 14.3%14.3%2025: 13.9%13.9%22232425
PeriodNet marginAsset turnoverROAFinancial leverageROE
20228.9%0.62×5.6%2.27×12.6%
202311.8%0.68×8.1%2.12×17.1%
202411.0%0.67×7.3%1.95×14.3%
202511.0%0.69×7.5%1.86×13.9%

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 ÷ revenue47.5%
2022: 58.4%58.4%2023: 48.7%48.7%2024: 51.3%51.3%2025: 47.5%47.5%22232425
PPE ÷ total assets31.7%
2022: 36.4%36.4%2023: 32.0%32.0%2024: 32.9%32.9%2025: 31.7%31.7%22232425

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 Sep 2022FY ending Sep 2023FY ending Sep 2024FY ending Sep 2025
Revenue4,8655,5635,8366,386
Cost of revenue1,1181,3181,3201,514
Gross profit3,7474,2454,5154,871
SG&A3,1353,2313,5473,849
Operating income6121,0139681,022
Pretax income6629629721,025
Income tax230307331325
Net income attributable to owners433655642699
Operating margin12.6%18.2%16.6%16.0%

Balance sheet (reported items)

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

Assets

Cash 47%
Property, plant and equipment 32%
0%
1%
Other assets 20%

Funding

Other liabilities 44%
Equity 56%

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

ItemFY ending Sep 2022FY ending Sep 2023FY ending Sep 2024FY ending Sep 2025
Cash and equivalents¥3.32B¥4.01B¥4.15B¥4.52B
Total assets¥7.79B¥8.46B¥9.08B¥9.55B
Net assets¥3.43B¥4.24B¥4.74B¥5.31B
Share capital¥100M¥245.4M¥291.3M¥323.1M
Property, plant and equipment¥2.84B¥2.71B¥2.99B¥3.03B
Intangible assets excluding goodwill¥18.6M¥16.8M¥14.3M¥23.5M
Investment securities¥100.3M¥83.4M¥110.2M¥106.3M
Current assets¥4.31B¥5.1B¥5.35B¥5.72B
Current liabilities¥2.16B¥2.26B¥2.34B¥2.03B
Long-term borrowings¥2.01B¥1.77B¥1.81B¥1.66B
Total liabilities¥4.36B¥4.22B¥4.34B¥4.24B
Equity attributable to owners of parent¥3.43B¥4.24B¥4.73B¥5.3B
Retained earnings¥2.51B¥3.03B¥3.43B¥3.94B

Sources

Show source documents (3)
  • EDINET (FSA Japan)

    有価証券報告書-第14期(2024/10/01-2025/09/30)

    ID S100XCQ32025-12-24Open
  • EDINET (FSA Japan)

    有価証券報告書-第13期(2023/10/01-2024/09/30)

    ID S100V0ZG2024-12-27Open
  • EDINET (FSA Japan)

    有価証券報告書-第12期(2022/10/01-2023/09/30)

    ID S100SJQ62023-12-27Open

Extracted from XBRL: 46 / Derived from other figures: 1

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