eWeLL5038東証グロース情報・通信業FY ending Dec 2025, non-consolidated, J-GAAP
Out of every ¥100 of sales, about ¥45 is left as operating profit. Revenue changed +31.9% from the prior year, operating profit +35.3%.
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 |
|---|---|---|---|---|---|
| 2021 | 28.5% | 1.12× | 32.1% | 2.11× | 67.6% |
| 2022 | 28.0% | 1.18× | 33.2% | 1.68× | 55.9% |
| 2023 | 29.6% | 1.03× | 30.4% | 1.44× | 43.9% |
| 2024 | 31.4% | 0.94× | 29.7% | 1.33× | 39.4% |
| 2025 | 32.1% | 0.92× | 29.6% | 1.27× | 37.6% |
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 Dec 2021 | FY ending Dec 2022 | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 |
|---|---|---|---|---|---|
| Revenue | 1,193 | 1,603 | 2,070 | 2,572 | 3,392 |
| Cost of revenue | 231 | 333 | 433 | 574 | 738 |
| Gross profit | 961 | 1,270 | 1,637 | 1,997 | 2,655 |
| SG&A | 559 | 577 | 728 | 861 | 1,117 |
| Operating income | 402 | 693 | 909 | 1,136 | 1,537 |
| Pretax income | 403 | 676 | 908 | 1,138 | 1,546 |
| Income tax | 63 | 226 | 295 | 330 | 458 |
| Net income attributable to owners | 340 | 450 | 613 | 808 | 1,088 |
| Operating margin | 33.7% | 43.2% | 43.9% | 44.2% | 45.3% |
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 Dec 2021 | FY ending Dec 2022 | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 |
|---|---|---|---|---|---|
| Cash and equivalents | ¥617.1M | ¥1.08B | ¥1.41B | ¥1.97B | ¥2.86B |
| Total assets | ¥1.06B | ¥1.65B | ¥2.38B | ¥3.07B | ¥4.28B |
| Net assets | ¥504.2M | ¥1.11B | ¥1.69B | ¥2.41B | ¥3.38B |
| Share capital | ¥252.2M | ¥328.2M | ¥366.8M | ¥397.1M | ¥426.8M |
| Property, plant and equipment | ¥20.2M | ¥27.5M | ¥281.5M | ¥248.2M | ¥236.1M |
| Intangible assets excluding goodwill | ¥81.8M | ¥101.1M | ¥106.1M | ¥134M | ¥182.6M |
| Current assets | ¥867.3M | ¥1.41B | ¥1.86B | ¥2.53B | ¥3.59B |
| Current liabilities | ¥381.1M | ¥452.4M | ¥588.6M | ¥559.1M | ¥805.7M |
| Long-term borrowings | ¥176.1M | ¥91.5M | — | — | — |
| Total liabilities | ¥557.1M | ¥543.9M | ¥690.7M | ¥661.5M | ¥908.4M |
| Equity attributable to owners of parent | ¥503.6M | ¥1.11B | ¥1.69B | ¥2.41B | ¥3.38B |
| Retained earnings | ¥7.2M | ¥456.8M | ¥965.3M | ¥1.62B | ¥2.53B |
| Treasury stock | — | — | -¥410K | -¥456K | -¥575K |
EDINET (FSA Japan)
有価証券報告書－第14期(2025/01/01－2025/12/31)
EDINET (FSA Japan)
有価証券報告書－第13期(2024/01/01－2024/12/31)
EDINET (FSA Japan)
有価証券報告書－第12期(2023/01/01－2023/12/31)
EDINET (FSA Japan)
有価証券報告書－第11期(2022/01/01－2022/12/31)
Extracted from XBRL: 46 / Derived from other figures: 1
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