FitcrewFitcrew Inc.469A東証グロースサービス業FY ending Nov 2025, non-consolidated, J-GAAP

Fitcrew revenue and profit

Out of every ¥100 of sales, about ¥10 is left as operating profit. Revenue changed +19.0% from the prior year, operating profit +143.2%.

Five-year trend

Revenue¥2.92B
FY ending Nov 2024: ¥2.45B¥2.45BFY ending Nov 2025: ¥2.92B¥2.92BFY24FY25
Operating income¥274.7M
FY ending Nov 2024: ¥112.9M¥112.9MFY ending Nov 2025: ¥274.7M¥274.7MFY24FY25
Operating margin9.4%
FY ending Nov 2024: 4.6%4.6%FY ending Nov 2025: 9.4%9.4%FY24FY25

What drives ROE

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

Net margin8.5%
Asset turnover1.58×
ROA13.5%
ROA13.5%
Financial leverage3.89×
ROE52.5%

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

Net margin8.5%
2024: 1.8%1.8%2025: 8.5%8.5%2425
Asset turnover1.58×
2024: 1.35×1.35×2025: 1.58×1.58×2425
ROA13.5%
2024: 2.4%2.4%2025: 13.5%13.5%2425
Financial leverage3.89×
2024: 5.20×5.20×2025: 3.89×3.89×2425
ROE52.5%
2024: 12.6%12.6%2025: 52.5%52.5%2425
PeriodNet marginAsset turnoverROAFinancial leverageROE
20241.8%1.35×2.4%5.20×12.6%
20258.5%1.58×13.5%3.89×52.5%

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 ÷ revenue19.0%
2024: 22.2%22.2%2025: 19.0%19.0%2425
PPE ÷ total assets29.7%
2024: 29.9%29.9%2025: 29.7%29.7%2425

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 Nov 2024FY ending Nov 2025
Revenue2,4542,921
Cost of revenue1,5471,760
Gross profit9081,161
SG&A795887
Operating income113275
Pretax income86254
Income tax425
Net income attributable to owners44249
Operating margin4.6%9.4%

Balance sheet (reported items)

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

Assets

Cash 30%
Property, plant and equipment 30%
0%
Other assets 40%

Funding

Other liabilities 68%
Equity 32%
0%

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

ItemFY ending Nov 2024FY ending Nov 2025
Cash and equivalents¥816.4M¥570.4M
Total assets¥1.82B¥1.87B
Net assets¥350.2M¥599.4M
Share capital¥48M¥48M
Property, plant and equipment¥543.7M¥555.4M
Intangible assets excluding goodwill¥716K¥2M
Current assets¥1.06B¥1.01B
Current liabilities¥856.5M¥743.6M
Short-term borrowings¥15.7M—
Long-term borrowings¥443.6M¥350.9M
Total liabilities¥1.47B¥1.27B
Equity attributable to owners of parent¥350.2M¥599.4M
Retained earnings¥77.5M¥326.7M
Treasury stock-¥24M-¥24M

Sources

Show source documents (1)
  • EDINET (FSA Japan)

    有価証券報告書-第11期(2024/12/01-2025/11/30)

    ID S100XO082026-02-27Open

Extracted from XBRL: 41 / Derived from other figures: 1

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