Fuji OILFUJI OIL CO., LTD.2607東証プライム食料品FY ending Mar 2026, consolidated, IFRS

Fuji OIL revenue and profit

Out of every ¥100 of sales, about ¥4 is left as operating profit. Revenue changed +15.1% from the prior year, operating profit +159.1%.

Five-year trend

Revenue¥772.3B
FY ending Mar 2022: ¥433.8B¥433.8BFY ending Mar 2023: ¥557.4B¥557.4BFY ending Mar 2024: ¥564.1B¥564.1BFY ending Mar 2025: ¥671.2B¥671.2BFY ending Mar 2026: ¥772.3B¥772.3BFY22FY23FY24FY25FY26
Operating income¥29.8B
FY ending Mar 2022: ¥15B¥15BFY ending Mar 2023: ¥10.9B¥10.9BFY ending Mar 2024: ¥18.2B¥18.2BFY ending Mar 2025: ¥11.5B¥11.5BFY ending Mar 2026: ¥29.8B¥29.8BFY22FY23FY24FY25FY26
Operating margin3.9%
FY ending Mar 2022: 3.5%3.5%FY ending Mar 2023: 2.0%2.0%FY ending Mar 2024: 3.2%3.2%FY ending Mar 2025: 1.7%1.7%FY ending Mar 2026: 3.9%3.9%FY22FY23FY24FY25FY26

What drives ROE

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

Net margin1.4%
Asset turnover1.25×
ROA1.8%
ROA1.8%
Financial leverage2.76×
ROE5.0%

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

Net margin1.4%
2022: 2.7%2.7%2023: 1.1%1.1%2024: 1.2%1.2%2025: 0.6%0.6%2026: 1.4%1.4%2223242526
Asset turnover1.25×
2022: 1.04×1.04×2023: 1.26×1.26×2024: 1.19×1.19×2025: 1.25×1.25×2026: 1.25×1.25×2223242526
ROA1.8%
2022: 2.8%2.8%2023: 1.4%1.4%2024: 1.4%1.4%2025: 0.7%0.7%2026: 1.8%1.8%2223242526
Financial leverage2.76×
2022: 2.28×2.28×2023: 2.39×2.39×2024: 2.32×2.32×2025: 2.51×2.51×2026: 2.76×2.76×2223242526
ROE5.0%
2022: 6.3%6.3%2023: 3.3%3.3%2024: 3.2%3.2%2025: 1.8%1.8%2026: 5.0%5.0%2223242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
20222.7%1.04×2.8%2.28×6.3%
20231.1%1.26×1.4%2.39×3.3%
20241.2%1.19×1.4%2.32×3.2%
20250.6%1.25×0.7%2.51×1.8%
20261.4%1.25×1.8%2.76×5.0%

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 ÷ revenue21.5%
2024: 25.1%25.1%2025: 20.6%20.6%2026: 21.5%21.5%242526
PPE ÷ total assets26.1%
2024: 29.6%29.6%2025: 23.1%23.1%2026: 26.1%26.1%242526
Goodwill ÷ parent equity11.1%
2024: 9.9%9.9%2025: 10.0%10.0%2026: 11.1%11.1%242526
Goodwill balance¥26.6B
2024: ¥21.9B¥21.9B2025: ¥20.8B¥20.8B2026: ¥26.6B¥26.6B242526

Ratios are derived from reported values. Goodwill is shown only when separately reported; it is not inferred from combined intangible assets. Definition

Investment and working-capital efficiency

Track R&D investment and how long operating capital remains tied up before sales turn into cash.

R&D spending¥7.08B
2024: ¥5.88B¥5.88B2025: ¥6.46B¥6.46B2026: ¥7.08B¥7.08B242526
R&D / revenue0.9%
2024: 1.0%1.0%2025: 1.0%1.0%2026: 0.9%0.9%242526
Receivable days—
2024: 58d58d2025: 61d61d242526
Payable days—
2024: 32d32d2025: 29d29d242526

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.

Income statement (JPY millions)

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Revenue433,831557,410564,087671,207772,288
Cost of revenue367,519485,166481,228589,572661,343
Gross profit66,31272,24482,85881,635110,944
SG&A51,30361,30364,64471,47377,611
Operating income15,00810,94018,21311,50829,822
Pretax income16,2899,90318,0156,90023,430
Income tax4,6363,7508,3731,51211,919
Net income attributable to owners11,5046,1266,5243,86311,142
Operating margin3.5%2.0%3.2%1.7%3.9%

Balance sheet (reported items)

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

Assets

7%
Property, plant and equipment 26%
4%
Other assets 63%

Funding

Other liabilities 62%
Equity 38%
0%

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¥15.9B¥19B¥28.5B¥70.8B¥46.8B
Total assets¥416.6B¥468.8B¥477.2B¥597.1B¥636.9B
Net assets¥189.5B¥211B¥232.6B¥210.9B¥244.5B
Share capital¥13.2B¥13.2B¥13.2B¥13.2B¥13.2B
Trade receivables¥81.1B¥93B¥90B¥112.5B—
Property, plant and equipment¥140.6B¥159.9B¥141.3B¥138.1B¥165.9B
Intangible assets excluding goodwill¥55.7B¥57.3B¥55.2B¥51.2B—
Goodwill¥27B¥27.2B¥21.9B¥20.8B¥26.6B
Investment securities¥7.12B¥14.4B¥16B¥16.6B—
Current assets¥201.3B¥227.8B¥246.6B¥364B¥359.1B
Current liabilities¥120.8B¥145.9B¥146.9B¥273.2B—
Trade payables¥40.7B¥40.3B¥42.3B¥46.1B—
Short-term borrowings¥44.5B¥76.1B¥33.2B¥175.3B—
Long-term borrowings¥49.3B¥41.3B¥46.1B¥57.7B—
Bonds¥35B¥41B¥6B¥31B—
Interest-bearing debt¥128.8Bderived¥158.4Bderived¥85.3Bderived¥264Bderived—
Total liabilities¥227.1B¥257.8B¥244.6B¥386.1B¥392.5B
Non-controlling interests¥3.12B¥8.16B¥12.1B¥4.03B—
Equity attributable to owners of parent¥182.9B¥187.3B¥220.5B¥206.9B¥240.2B
Retained earnings¥159.7B¥161.3B¥151B¥150.9B¥157.8B
Treasury stock-¥1.95B-¥1.95B-¥1.95B-¥1.92B-¥2.15B

Sources

Show source documents (6)
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    有価証券報告書-第98期(2025/04/01-2026/03/31)

    ID S100YEWN2026-06-22Open
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    有価証券報告書-第97期(2024/04/01-2025/03/31)

    ID S100W7012025-06-27Open
  • EDINET (FSA Japan)

    訂正有価証券報告書-第96期(2023/04/01-2024/03/31)

    ID S100U7042024-08-09Open
  • EDINET (FSA Japan)

    有価証券報告書-第95期(2022/04/01-2023/03/31)

    ID S100R6J12023-06-28Open
  • EDINET (FSA Japan)

    有価証券報告書-第94期(令和3年4月1日-令和4年3月31日)

    ID S100OBPK2022-06-21Open
  • EDINET (FSA Japan)

    有価証券報告書-第93期(令和2年4月1日-令和3年3月31日)

    ID S100LME72021-06-23Open

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