FrontierFrontier Inc.4250福岡証券取引所サービス業FY ending Nov 2025, consolidated, J-GAAP
Out of every ¥100 of sales, about ¥7 is left as operating profit. Revenue changed +3.2% from the prior year, operating profit +425.0%.
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 | 3.9% | 1.77× | 7.0% | 3.24× | 22.6% |
| 2022 | 2.0% | 1.97× | 4.0% | 3.14× | 12.6% |
| 2023 | 3.8% | 2.00× | 7.6% | 2.98× | 22.5% |
| 2024 | 1.7% | 1.51× | 2.5% | 2.69× | 6.8% |
| 2025 | 4.9% | 1.72× | 8.4% | 2.21× | 18.5% |
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 Nov 2021 | FY ending Nov 2022 | FY ending Nov 2023 | FY ending Nov 2024 | FY ending Nov 2025 |
|---|---|---|---|---|---|
| Revenue | 1,677 | 1,918 | 2,161 | 1,635 | 1,687 |
| Cost of revenue | 1,118 | 1,352 | 1,450 | 1,018 | 965 |
| Gross profit | 558 | 566 | 711 | 617 | 722 |
| SG&A | 472 | 505 | 599 | 593 | 598 |
| Operating income | 86 | 61 | 113 | 24 | 124 |
| Pretax income | 83 | 44 | 108 | 32 | 122 |
| Income tax | 17 | 5 | 26 | 5 | 40 |
| Net income attributable to owners | 66 | 39 | 82 | 27 | 82 |
| Operating margin | 5.1% | 3.2% | 5.2% | 1.4% | 7.3% |
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 Nov 2021 | FY ending Nov 2022 | FY ending Nov 2023 | FY ending Nov 2024 | FY ending Nov 2025 |
|---|---|---|---|---|---|
| Cash and equivalents | ¥435.5M | ¥418.1M | ¥465.6M | ¥418.2M | ¥394.6M |
| Total assets | ¥946.1M | ¥1B | ¥1.16B | ¥1.01B | ¥954.1M |
| Net assets | ¥301.9M | ¥367.2M | ¥437.9M | ¥464.7M | ¥538.3M |
| Share capital | ¥51.4M | ¥57.6M | ¥57.6M | ¥57.6M | ¥57.6M |
| Property, plant and equipment | ¥34M | ¥76.8M | ¥88M | ¥80.9M | ¥74.8M |
| Intangible assets excluding goodwill | ¥1.2M | ¥1M | ¥1.7M | ¥1.2M | ¥656K |
| Current assets | ¥905.3M | ¥919.2M | ¥1.06B | ¥914M | ¥866M |
| Current liabilities | ¥475.2M | ¥439.6M | ¥500.6M | ¥363.5M | ¥280.2M |
| Short-term borrowings | ¥304.8M | ¥350M | ¥373.6M | ¥220.6M | ¥100M |
| Long-term borrowings | ¥164.4M | ¥193.6M | ¥210M | ¥171.3M | ¥128.3M |
| Total liabilities | ¥644.2M | ¥637.6M | ¥717.2M | ¥541.8M | ¥415.8M |
| Equity attributable to owners of parent | ¥291.8M | ¥329.8M | ¥394M | ¥410.9M | ¥475.5M |
| Retained earnings | ¥209.4M | ¥234.9M | ¥299.1M | ¥316M | ¥380.6M |
EDINET (FSA Japan)
有価証券報告書－第22期(2024/12/01－2025/11/30)
EDINET (FSA Japan)
有価証券報告書－第21期(2023/12/01－2024/11/30)
EDINET (FSA Japan)
有価証券報告書－第20期(2022/12/01－2023/11/30)
EDINET (FSA Japan)
有価証券報告書－第19期(2021/12/01－2022/11/30)
EDINET (FSA Japan)
有価証券報告書－第18期(令和2年12月1日－令和3年11月30日)
Extracted from XBRL: 45 / Derived from other figures: 1
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