# FUJI ELECTRIC CO., LTD.: business model and financials

> Latest period: FY ending Mar 2026, consolidated, J-GAAP
> Unit: JPY millions
> Sources: 有価証券報告書－第150期(2025/04/01－2026/03/31) (S100YEEB)
> Page: https://vizora.meequs.com/en/company/fuji-electric
> Retrieved: 2026-09-30T22:09:01.713Z

## Company

Fuji Electric, founded in 1923, is a company in Robots & Factory Automation listed on TSE Prime. It has 26,955 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | FUJI ELECTRIC CO.,LTD. |
| Ticker | 6504 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/6504.T) |
| Listing | TSE Prime |
| Head office | 川崎市川崎区田辺新田1番1号 (上記は登記上の本店所在地であり、実際の業務は下記「最寄りの連絡場所」において行っております。) |
| Representative (per filing) | 代表取締役会長CEO 北澤 通宏 |
| Founded | Aug 1923 |
| Share capital | ¥47.6B |
| Employees (consolidated) | 26,955 |
| Average salary (parent only) | ¥8.4M |
| Fiscal year end | March |
| Website | www.fujielectric.co.jp (https://www.fujielectric.co.jp/) |
| Corporate number | 9020001071492 |
| EDINET | E01740 |
| Industries (Vizora) | Robots & Factory Automation, Electrical Equipment, Semiconductors, Air Conditioning, Industrial Machinery |

> Profile source: annual securities report (S100YEEB, filed 2026-06-19). As of filing

## Five-axis industry profile

Primary industry: Robots & Factory Automation (2026-03-31)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Revenue growth | 50 | 33 |
| Profitability | 48.5 | 34 |
| Cash conversion | 42.2 | 32 |
| Efficiency | 90 | 35 |

Each axis is shown independently. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

## Key points (generated from figures)

- About 38% of Fuji Electric's sales come from Industry, with Energy and Semiconductors making up much of the rest.
- Out of every ¥100 of sales, about ¥11 is left as operating profit.
- Revenue changed +9.3% from the prior year, operating profit +16.1%.

## Company structure

- Segment revenue mix: Industry 37.8%、Energy 31.4%、Semiconductors 19.1%、Food and Beverage Distribution 8.6%、Other 3.1%
- Revenue → net income: ¥1227595000000 → ¥101421000000
- Net income → operating cash flow: ¥101421000000 → ¥123562000000（difference ¥22141000000）
- Main uses of operating cash flow: CapEx ¥84026000000 / dividends ¥25980000000 / buybacks ¥33000000
- Change in cash: ¥7186000000
Segment shares use total reported segment revenue, which may include inter-segment sales. The cash bridge is operating cash flow minus net income and combines non-cash items and working-capital effects.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Revenue | ¥1.23T |  |
| Operating income | ¥136.6B | Margin 11.1% |
| Net income | ¥98B | Margin 8.0% |
| Free cash flow | ¥39.5B |  |
| Largest business | Industry | of segment revenue 37.8% |
| Employees (consolidated) | 26,955 |  |
| EPS | ¥472.74 |  |
| Book value per share | ¥3568.91 |  |
| Equity ratio | 56.9% |  |
| Shares outstanding | 149,296,000 |  |
| Treasury shares | 1,694,200 |  |
| Shareholders | 27,624 |  |
| Average salary (parent only) | ¥8.4M | Filing company only |
| Cash ratio | 5.0% | Net cash ¥2.99B · Cash ÷ revenue 5.7% |
| Vs. industry median margin | -0.6 pp | Robots & Factory Automation |
| ROE | 15.4% | Derived from disclosed figures |
| ROA | 7.2% | Derived from disclosed figures |

## Notable figures

- FY2026, employees -2% while operating income rose 16%
- FY2026, cash is 5% of total assets

## What changed in 5 years

| Metric | FY ending Mar 2021 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥875927000000 | ¥1227595000000 | +40.1% |
| Operating income | ¥48595000000 | ¥136620000000 | +181.1% |
| Operating margin | 5.5% | 11.1% | +5.6 pp |
| Employees | 27,593 people | 26,955 people | -2.3% |
| Cash and equivalents | ¥75332000000 | ¥69873000000 | -7.2% |

### Change in segment revenue mix

Span: FY ending Mar 2021 → FY ending Mar 2026. Stable segment keys are connected; unmatched shares are marked as new or reorganized. Shares use total segment revenue.

| Flow | Revenue share |
| --- | ---: |
| パワエレシステム エネルギー → 事業再編・廃止 | 13.2% |
| パワエレ エネルギー → 事業再編・廃止 | 13.2% |
| パワエレシステム インダストリー → 事業再編・廃止 | 21.2% |
| パワエレ インダストリー → 事業再編・廃止 | 21.2% |
| 半導体 → 半導体 | 9.8% |
| 電子デバイス → 事業再編・廃止 | 9.8% |
| 食品流通 → 食品流通 | 4.9% |
| 発電プラント → 事業再編・廃止 | 5.1% |
| その他 → その他 | 1.7% |
| 新設・再編 → エネルギー | 31.4% |
| 新設・再編 → インダストリー | 37.8% |
| 新設・再編 → 半導体 | 9.3% |
| 新設・再編 → 食品流通 | 3.7% |
| 新設・再編 → その他 | 1.4% |

Segment revenue source references: 14 (derived)

## Business growth × margin

X-axis: segment revenue CAGR. Y-axis: latest operating margin. Bubble size: latest revenue. CAGR requires at least two comparable years.

| Segment | CAGR span | Revenue CAGR | Latest revenue | Operating margin | Source refs |
| --- | ---: | ---: | ---: | ---: | ---: |
| Industry | 3 years | +9.9% | ¥464353000000 | 9.6% | 2 |
| Energy | 3 years | +5.3% | ¥385260000000 | 15.4% | 2 |
| Semiconductors | 5 years | +8.7% | ¥234253000000 | 10.0% | 2 |
| Food and Beverage Distribution | 5 years | +6.7% | ¥105573000000 | 12.4% | 2 |
| Other | 5 years | +7.5% | ¥38154000000 | 10.1% | 2 |

## Income statement（FY ending Mar 2026, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 1,227,595 | 100.0% | S100YEEB |
| Cost of revenue | 883,594 | 72.0% | S100YEEB |
| Gross profit | 344,001 | 28.0% | S100YEEB |
| SG&A | 207,380 | 16.9% | S100YEEB |
| Operating income | 136,620 | 11.1% | S100YEEB |
| Ordinary income | 139,310 | 11.3% | S100YEEB |
| Pretax income | 140,091 | 11.4% | S100YEEB |
| Income tax | 38,670 | 3.2% | S100YEEB |
| Net income | 101,421 | 8.3% | S100YEEB |
| Net income attributable to owners | 98,030 | 8.0% | S100YEEB |

## Per ¥100 of revenue（FY ending Mar 2026）

| Part | JPY |
| --- | ---: |
| Cost of revenue | 72 |
| SG&A | 17 |
| Operating income | 11 |
| (Ref.) Net income | 8 |

### Margin funnel

Gross margin 28.0% → Operating margin 11.1% → Net margin 8.0%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue and profit up
Revenue growth: +9.3%; Core profit growth: +16.1%
Growth quality: margin-expansion
Operating leverage (core profit growth ÷ revenue growth): 1.74×
Calculated from comparable annual consolidated filings.

## Year over year（FY ending Mar 2025 → FY ending Mar 2026、JPY mn）

| Metric | Prior | Current | Change | % change |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 1,123,407 | 1,227,595 | 104,188 | +9.3% |
| Gross profit | 317,901 | 344,001 | 26,100 | +8.2% |
| Operating income | 117,646 | 136,620 | 18,974 | +16.1% |
| Net income attributable to owners | 92,239 | 98,030 | 5,791 | +6.3% |
| Operating cash flow | 144,920 | 123,562 | -21,358 | -14.7% |
| Free cash flow | 58,166 | 39,536 | -18,630 | -32.0% |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2020 | 900,604 | 42,515 | 4.7% | 28,793 | 46,087 | 23,388 | S100LP0P |
| FY ending Mar 2021 | 875,927 | 48,595 | 5.5% | 41,926 | 26,931 | 6,353 | S100OI7U |
| FY ending Mar 2022 | 910,226 | 74,835 | 8.2% | 58,660 | 76,809 | 43,762 | S100R4BH |
| FY ending Mar 2023 | 1,009,447 | 88,882 | 8.8% | 61,348 | 116,163 | 55,083 | S100TQ72 |
| FY ending Mar 2024 | 1,103,214 | 106,066 | 9.6% | 75,353 | 84,858 | 10,655 | S100W178 |
| FY ending Mar 2025 | 1,123,407 | 117,646 | 10.5% | 92,239 | 144,920 | 58,166 | S100YEEB |
| FY ending Mar 2026 | 1,227,595 | 136,620 | 11.1% | 98,030 | 123,562 | 39,536 | S100YEEB |

## People and productivity（FY ending Mar 2026, consolidated, J-GAAP）

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥45.5M |
| Operating income per employee (consolidated) | ¥5.1M |
| Net income per employee (consolidated) | ¥3.6M |

Employees, revenue and profit are consolidated. Average annual salary is a separate parent-company figure. Calculated from disclosed figures (DERIVED).

| History | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Employees (consolidated) | 26,757 | 27,123 | 27,325 | 27,391 | 26,955 |
| Average salary (parent company) | ¥7.6M | ¥7.8M | ¥7.9M | ¥8.1M | ¥8.4M |
| Average age (parent company) | 44.9 years | 44.9 years | 45.0 years | 44.9 years | 44.9 years |
| Average tenure (parent company) | 20.8 years | 20.9 years | 20.7 years | 20.5 years | 20.3 years |

Year over year: Employees (consolidated) -1.6% · Revenue (consolidated) +9.3%

## Segments（FY ending Mar 2026, consolidated, J-GAAP、JPY mn）

| Segment | Revenue | Share | Op. income | Op. margin |
| --- | ---: | ---: | ---: | ---: |
| Energy | 385,260 | 31.4% | 59,506 | 15.4% |
| Industry | 464,353 | 37.8% | 44,383 | 9.6% |
| Semiconductors | 234,253 | 19.1% | 23,520 | 10.0% |
| Food and Beverage Distribution | 105,573 | 8.6% | 13,132 | 12.4% |
| Other | 38,154 | 3.1% | 3,865 | 10.1% |

### segmentMix — Revenue and profit mix

Calculated from disclosed figures (DERIVED). Shares use total segment revenue and total positive segment profit respectively. Difference = profit share − revenue share (pt). Inter-segment sales may prevent reconciliation to company revenue.

| Segment | Revenue share | Profit share | Difference (pt) | Margin |
| --- | ---: | ---: | ---: | ---: |
| Energy | 31.4% | 41.2% | 9.8 | 15.4% |
| Industry | 37.8% | 30.7% | -7.1 | 9.6% |
| Semiconductors | 19.1% | 16.3% | -2.8 | 10.0% |
| Food and Beverage Distribution | 8.6% | 9.1% | 0.5 | 12.4% |
| Other | 3.1% | 2.7% | -0.4 | 10.1% |

Segment → industry: Industry → Robots & Factory Automation / Industry → Electrical Equipment / Energy → Electrical Equipment / Semiconductors → Semiconductors / Food and Beverage Distribution → Air Conditioning / Food and Beverage Distribution → Industrial Machinery

## Revenue by geography

No geographic revenue breakdown was disclosed.

## Cash flow（FY ending Mar 2026, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Operating cash flow | 123,562 | 10.1% | S100YEEB |
| Capital expenditure | 84,026 | 6.8% | S100YEEB |
| Free cash flow | 39,536 | 3.2% | 算出 |
| Investing cash flow | -72,608 | -5.9% | S100YEEB |
| Financing cash flow | -48,174 | -3.9% | S100YEEB |
| Dividends paid | 25,980 | 2.1% | S100YEEB |
| Share buyback | 33 | 0.0% | S100YEEB |
| Change in cash | 7,186 | 0.6% | S100YEEB |
| Cash and equivalents | 69,873 | 5.7% | S100YEEB |

## Balance sheet

Figures are as of each fiscal year end. Derived values are marked as such in the source column. Lease liabilities are excluded from interest-bearing debt.

| Metric | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | 91,350 | 84,165 | 65,543 | 62,675 | 69,873 | S100TQ72, S100W178, S100YEEB |
| Total assets | 1,117,112 | 1,181,552 | 1,271,174 | 1,312,175 | 1,406,669 | S100R4BH, S100TQ72, S100W178, S100YEEB |
| Net assets | 523,729 | 572,068 | 661,472 | 730,658 | 842,936 | S100TQ72, S100W178, S100YEEB |
| Share capital | 47,586 | 47,586 | 47,586 | 47,586 | 47,586 | S100R4BH, S100TQ72, S100W178, S100YEEB |
| Property, plant and equipment | 233,675 | 283,912 | 311,456 | 347,074 | 348,865 | S100R4BH, S100TQ72, S100W178, S100YEEB |
| Intangible assets excluding goodwill | 22,504 | 24,032 | 25,462 | 30,318 | 37,718 | S100R4BH, S100TQ72, S100W178, S100YEEB |
| Goodwill | 5,972 | 5,180 | 4,850 | 3,768 | 2,797 | S100R4BH, S100TQ72, S100W178, S100YEEB |
| Investment securities | 126,316 | 108,460 | 118,427 | 108,713 | 120,733 | S100R4BH, S100TQ72, S100W178, S100YEEB |
| Current assets | 681,981 | 713,553 | 763,072 | 766,672 | 831,844 | S100R4BH, S100TQ72, S100W178, S100YEEB |
| Current liabilities | 386,969 | 446,826 | 475,342 | 431,466 | 434,047 | S100R4BH, S100TQ72, S100W178, S100YEEB |
| Trade payables | 171,749 | 201,593 | 207,408 | 192,834 | 190,893 | S100R4BH, S100TQ72, S100W178, S100YEEB |
| Short-term borrowings | 44,984 | 46,875 | 40,259 | 10,716 | 21,827 | S100R4BH, S100TQ72, S100W178, S100YEEB |
| Long-term borrowings | 66,276 | 28,600 | 15,100 | 30,073 | 15,057 | S100R4BH, S100TQ72, S100W178, S100YEEB |
| Bonds | 35,000 | 20,000 | 20,000 | 30,000 | 30,000 | S100R4BH, S100TQ72, S100W178, S100YEEB |
| Interest-bearing debt | 146,260 | 95,475 | 75,359 | 70,789 | 66,884 | 算出 |
| Total liabilities | 593,382 | 609,483 | 609,701 | 581,517 | 563,732 | S100R4BH, S100TQ72, S100W178, S100YEEB |
| Non-controlling interests | 50,829 | 54,976 | 58,956 | 38,891 | 42,775 | S100R4BH, S100TQ72, S100W178, S100YEEB |
| Equity attributable to owners of parent | 405,467 | 451,091 | 509,278 | 601,771 | 673,606 | S100R4BH, S100TQ72, S100W178, S100YEEB |
| Retained earnings | 319,285 | 364,922 | 423,135 | 493,885 | 565,936 | S100R4BH, S100TQ72, S100W178, S100YEEB |
| Treasury stock | -7,359 | -7,370 | -7,397 | -4,273 | -3,700 | S100R4BH, S100TQ72, S100W178, S100YEEB |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 5% | S100YEEB |
| Property, plant and equipment | 25% | S100YEEB |
| Intangibles and goodwill | 3% | S100YEEB |
| Investment securities | 8% | S100YEEB |
| Other assets | 59% | S100YEEB |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Trade payables | 13% | S100YEEB |
| Interest-bearing debt | 5% | 算出 |
| Other liabilities | 22% | S100YEEB |
| Equity | 60% | S100YEEB |
| Other liabilities | 0% | S100YEEB |

### Balance sheet history

| Metric | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Total assets | 1,117,112 | 1,181,552 | 1,271,174 | 1,312,175 | 1,406,669 |
| Equity | 523,729 | 572,068 | 661,472 | 730,658 | 842,936 |
| Interest-bearing debt | 146,260 | 95,475 | 75,359 | 70,789 | 66,884 |
| Cash | 91,350 | 84,165 | 65,543 | 62,675 | 69,873 |

## Asset intensity and goodwill

Ratios are derived from reported values. Goodwill is used only when separately reported, never inferred from combined intangible assets.

| Metric | Value | Sources |
| --- | ---: | ---: |
| Asset intensity (fixed assets ÷ revenue) | 28.4% | S100YEEB |
| Fixed assets ÷ total assets | 24.8% | S100YEEB |
| Goodwill ÷ parent equity | 0.4% | S100YEEB |

Goodwill over 4 years: 5,972 → 2,797 JPY; total investing cash flow: -270,258 JPY. This does not imply causation.

### Cash quality

Net cash = cash − interest-bearing debt. Net debt ratio = (interest-bearing debt − cash) ÷ positive operating cash flow. Omit when debt components are incomplete; other ratios are derived from reported figures.

| Metric | Value |
| --- | ---: |
| Cash ratio (cash ÷ total assets) | 5.0% |
| Cash ÷ revenue | 5.7% |
| Net cash (cash − interest-bearing debt) | ¥2.99B |
| Net debt ÷ operating cash flow | -0.02× |
| Cash conversion (operating CF ÷ operating income) | 90.4% |
| Cash vs. profit gap | 25,532 JPY mn (of net income 26.0%) |
| Shareholder returns / net income | 26.5% |
| Shareholder returns / FCF | 65.8% |
| Shareholder payments — dividends / net income | 26.5% |
| Shareholder payments — dividends / FCF | 65.7% |
| CapEx intensity (capex ÷ revenue) | 6.8% |
| Investing CF relative to operating CF | 58.8% |

## ROA and ROE

ROE is decomposed into net margin × asset turnover × financial leverage. Leverage can raise ROE, so the ratio alone does not assess a company's condition. Ending balances are used without a prior year; total equity approximates parent equity when unavailable.

| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE | Sources |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| 2022 | 6.4% | 0.81× | 5.3% | 2.76× | 14.5% | S100R4BH |
| 2023 | 6.1% | 0.88× | 5.3% | 2.68× | 14.3% | S100TQ72 |
| 2024 | 6.8% | 0.90× | 6.1% | 2.55× | 15.7% | S100W178 |
| 2025 | 8.2% | 0.87× | 7.1% | 2.33× | 16.6% | S100YEEB |
| 2026 | 8.0% | 0.90× | 7.2% | 2.13× | 15.4% | S100YEEB |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 日本マスタートラスト信託銀行株式会社（信託口） | Major shareholder | 19.0% | 2026-03-31 |
| 株式会社日本カストディ銀行（信託口） | Major shareholder | 11.1% | 2026-03-31 |
| 全国共済農業協同組合連合会 | Major shareholder | 3.5% | 2026-03-31 |
| 朝日生命保険相互会社 | Major shareholder | 2.7% | 2026-03-31 |
| ファナック株式会社 | Major shareholder | 1.8% | 2026-03-31 |
| STATE STREET BANK AND TRUST COMPANY 505001（常任代理人 株式会社みずほ銀行） | Major shareholder | 1.6% | 2026-03-31 |
| CACEIS BANK, LUXEMBOURG BRANCH / UCITS CLIENTS ASSETS （常任代理人 香港上海銀行 東京支店） | Major shareholder | 1.4% | 2026-03-31 |
| JP MORGAN CHASE BANK 385781 （常任代理人 株式会社みずほ銀行） | Major shareholder | 1.4% | 2026-03-31 |
| STATE STREET BANK AND TRUST COMPANY 505025 （常任代理人 株式会社みずほ銀行） | Major shareholder | 1.4% | 2026-03-31 |
| STATE STREET BANK AND TRUST COMPANY 505019 （常任代理人 株式会社みずほ銀行） | Major shareholder | 1.3% | 2026-03-31 |

## AI commentary（text by AI; the tables above are authoritative、claude-code）

- Revenue for the FY ending Mar 2026 reached ¥1.23T, up +9.3% from ¥1.12T.
- Operating income climbed +16.1% to ¥136.6B, and net income rose +6.3% to ¥98B.
- Cash was weaker: operating cash flow fell -14.7% to ¥123.6B, and free cash flow dropped -32.0% to ¥39.5B.

### Drivers

- Energy grew on demand for data center power equipment and large orders for battery storage and substation gear
- Industry gained from large IT projects for schools and stronger demand for measuring instruments
- Semiconductor profit fell as EV chip demand weakened, price competition in China intensified and material costs rose
- Operating cash flow shrank mainly because receivables and inventory increased

### Risks

- Power chips have short product cycles and fierce competition, so chip plant investments may not pay back
- Further increases in raw material prices would squeeze margins
- Design changes or delays on large plant projects could hurt profitability

Cited: Annual Securities Report (150th term) (経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析); Annual Securities Report (150th term) (事業等のリスク)

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第150期(2025/04/01－2026/03/31) | S100YEEB | 2026-06-19 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YEEB,, |
| 有価証券報告書－第149期(2024/04/01－2025/03/31) | S100W178 | 2025-06-23 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100W178,, |
| 有価証券報告書－第148期(2023/04/01－2024/03/31) | S100TQ72 | 2024-06-25 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100TQ72,, |
| 有価証券報告書－第147期(2022/04/01－2023/03/31) | S100R4BH | 2023-06-27 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100R4BH,, |
| 有価証券報告書－第146期(令和3年4月1日－令和4年3月31日) | S100OI7U | 2022-06-28 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100OI7U,, |
| 有価証券報告書－第145期(令和2年4月1日－令和3年3月31日) | S100LP0P | 2021-06-25 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100LP0P,, |

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).