FrontierFrontier Inc.4250福岡証券取引所サービス業FY ending Nov 2025, consolidated, J-GAAP

Frontier FY ending Nov 2023 results

About 63% of Frontier's sales come from Sales of private label products, with OEM/ODM making up much of the rest.

Out of every ¥100 of sales, about ¥5 is left as operating profit.

Revenue changed +12.7% from the prior year, operating profit +86.0%.

Revenue and profit pattern

Revenue and profit upProfit grew faster

Revenue +12.7% · profit +86.0%, calculated from disclosed figures.

Operating leverage: 6.77× (profit growth ÷ revenue growth)

What changed from last year

FY ending Nov 2022 → FY ending Nov 2023

Revenue
+12.7%¥1.92B → ¥2.16B
Gross profit
+25.8%¥565.6M → ¥711.4M
Operating income
+86.0%¥60.5M → ¥112.5M
Net income attributable to owners
+108.5%¥39.1M → ¥81.6M
Operating cash flow
Back to profit-¥36.1M → ¥49M
Free cash flow
Back to profit-¥96.4M → ¥18M

Where the money goes

FY ending Nov 2022 → FY ending Nov 2023

Where ¥100 of sales goes

For every ¥100 Frontier sells, how much goes where, and how much is kept.

FY ending Nov 2023
Cost of sales
¥67
SG&A
¥28
Operating profit
¥5
Net profit kept
¥4

Annual margin trends

Gross margin32.9%
FY ending Nov 2020: 34.7%34.7%FY ending Nov 2021: 33.3%33.3%FY ending Nov 2022: 29.5%29.5%FY ending Nov 2023: 32.9%32.9%FY20FY21FY22FY23
Operating margin5.2%
FY ending Nov 2020: 5.2%5.2%FY ending Nov 2021: 5.1%5.1%FY ending Nov 2022: 3.2%3.2%FY ending Nov 2023: 5.2%5.2%FY20FY21FY22FY23
Net margin3.8%
FY ending Nov 2020: 4.1%4.1%FY ending Nov 2021: 3.9%3.9%FY ending Nov 2022: 2.0%2.0%FY ending Nov 2023: 3.8%3.8%FY20FY21FY22FY23

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Which businesses earn the money

Revenue by business segment, and the profit each one keeps.

FY ending Nov 2023

Profit by segment

※ Segment figures include inter-segment sales and do not sum to the company total

Sources

Show source documents (5)
  • EDINET (FSA Japan)

    有価証券報告書-第22期(2024/12/01-2025/11/30)

    ID S100XMWH2026-02-25Open
  • EDINET (FSA Japan)

    有価証券報告書-第21期(2023/12/01-2024/11/30)

    ID S100VBMP2025-02-28Open
  • EDINET (FSA Japan)

    有価証券報告書-第20期(2022/12/01-2023/11/30)

    ID S100SXZG2024-02-29Open
  • EDINET (FSA Japan)

    有価証券報告書-第19期(2021/12/01-2022/11/30)

    ID S100QB2E2023-02-28Open
  • 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)

    ID S100NL3V2022-02-28Open

Extracted from XBRL: 45 / Derived from other figures: 1

Spotted an error? Report it (corrections keep the original record)

Other periods

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