FaithNetworkFaithNetwork Co.,Ltd3489東証スタンダード不動産業FY ending Mar 2026, consolidated, J-GAAP

FaithNetwork revenue and profit

Out of every ¥100 of sales, about ¥17 is left as operating profit. Revenue changed +10.0% from the prior year, operating profit +24.6%.

Five-year trend

Revenue¥32.9B
FY ending Mar 2022: ¥17B¥17BFY ending Mar 2023: ¥21B¥21BFY ending Mar 2024: ¥22.3B¥22.3BFY ending Mar 2025: ¥29.9B¥29.9BFY ending Mar 2026: ¥32.9B¥32.9BFY22FY23FY24FY25FY26
Operating income¥5.63B
FY ending Mar 2022: ¥1.76B¥1.76BFY ending Mar 2023: ¥2.52B¥2.52BFY ending Mar 2024: ¥2.09B¥2.09BFY ending Mar 2025: ¥4.52B¥4.52BFY ending Mar 2026: ¥5.63B¥5.63BFY22FY23FY24FY25FY26
Operating margin17.1%
FY ending Mar 2022: 10.3%10.3%FY ending Mar 2023: 12.0%12.0%FY ending Mar 2024: 9.4%9.4%FY ending Mar 2025: 15.1%15.1%FY ending Mar 2026: 17.1%17.1%FY22FY23FY24FY25FY26

What drives ROE

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

Net margin10.9%
Asset turnover1.02×
ROA11.1%
ROA11.1%
Financial leverage2.92×
ROE32.4%

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

Net margin10.9%
2022: 6.1%6.1%2023: 7.6%7.6%2024: 4.2%4.2%2025: 9.3%9.3%2026: 10.9%10.9%2223242526
Asset turnover1.02×
2022: 1.01×1.01×2023: 1.12×1.12×2024: 0.84×0.84×2025: 1.06×1.06×2026: 1.02×1.02×2223242526
ROA11.1%
2022: 6.1%6.1%2023: 8.5%8.5%2024: 3.5%3.5%2025: 9.8%9.8%2026: 11.1%11.1%2223242526
Financial leverage2.92×
2022: 3.06×3.06×2023: 3.02×3.02×2024: 3.58×3.58×2025: 3.29×3.29×2026: 2.92×2.92×2223242526
ROE32.4%
2022: 18.8%18.8%2023: 25.7%25.7%2024: 12.7%12.7%2025: 32.2%32.2%2026: 32.4%32.4%2223242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
20226.1%1.01×6.1%3.06×18.8%
20237.6%1.12×8.5%3.02×25.7%
20244.2%0.84×3.5%3.58×12.7%
20259.3%1.06×9.8%3.29×32.2%
202610.9%1.02×11.1%2.92×32.4%

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 ÷ revenue2.8%
2024: 9.1%9.1%2025: 8.2%8.2%2026: 2.8%2.8%242526
PPE ÷ total assets2.7%
2024: 7.6%7.6%2025: 8.1%8.1%2026: 2.7%2.7%242526
Goodwill ÷ parent equity4.1%
2024: 9.8%9.8%2025: 6.3%6.3%2026: 4.1%4.1%242526
Goodwill balance¥502.8M
2024: ¥726.3M¥726.3M2025: ¥614.6M¥614.6M2026: ¥502.8M¥502.8M242526

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 Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Revenue17,02120,96822,28529,91632,917
Cost of revenue13,73816,61417,94622,63924,062
Gross profit3,2834,3554,3397,2778,855
SG&A1,5231,8372,2482,7583,223
Operating income1,7602,5182,0904,5195,632
Pretax income1,5122,2801,3414,0265,147
Income tax4776873981,2571,561
Net income attributable to owners1,0341,5939432,7693,586
Operating margin10.3%12.0%9.4%15.1%17.1%

Balance sheet (reported items)

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

Assets

Cash 26%
3%
3%
Other assets 68%

Funding

Interest-bearing debt 39%
Other liabilities 25%
Equity 36%

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

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Cash and equivalents¥5.54B¥4.38B¥5.3B¥8.84B¥9.14B
Total assets¥16.8B¥20.6B¥26.6B¥30B¥34.6B
Net assets¥5.5B¥6.88B¥7.43B¥9.77B¥12.4B
Share capital¥681.1M¥681.1M¥681.1M¥681.1M¥681.1M
Property, plant and equipment¥2.09B¥2.06B¥2.02B¥2.44B¥924.8M
Intangible assets excluding goodwill¥17.4M¥43.5M¥764.5M¥635.8M¥519.1M
Goodwill——¥726.3M¥614.6M¥502.8M
Investment securities——¥68.3M¥0—
Current assets¥14.6B¥18.1B¥23.2B¥26.4B¥32.5B
Current liabilities¥4.01B¥5.29B¥7.87B¥6.8B¥9.4B
Short-term borrowings¥434.4M¥493.5M¥559.5M¥468M¥737M
Long-term borrowings¥7.09B¥8.3B¥11.1B¥13.3B¥12.6B
Bonds¥176M¥102M¥89M¥105M¥50M
Interest-bearing debt¥7.7Bderived¥8.89Bderived¥11.7Bderived¥13.8Bderived¥13.4Bderived
Total liabilities¥11.3B¥13.7B¥19.2B¥20.3B¥22.2B
Equity attributable to owners of parent¥5.51B¥6.88B¥7.43B¥9.77B¥12.4B
Retained earnings¥4.23B¥5.64B¥6.17B¥8.49B¥11.1B
Treasury stock-¥35.7M-¥70.6M-¥60.1M-¥57.1M-¥54.7M

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    有価証券報告書-第25期(2025/04/01-2026/03/31)

    ID S100YHL12026-06-24Open
  • EDINET (FSA Japan)

    有価証券報告書-第24期(2024/04/01-2025/03/31)

    ID S100W2DE2025-06-24Open
  • EDINET (FSA Japan)

    有価証券報告書-第23期(2023/04/01-2024/03/31)

    ID S100TT302024-06-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第22期(2022/04/01-2023/03/31)

    ID S100R6WS2023-06-28Open
  • EDINET (FSA Japan)

    有価証券報告書-第21期(令和3年4月1日-令和4年3月31日)

    ID S100OGX02022-06-28Open
  • EDINET (FSA Japan)

    有価証券報告書-第20期(令和2年4月1日-令和3年3月31日)

    ID S100LQ0D2021-06-25Open

Extracted from XBRL: 49 / Derived from other figures: 2

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