FulltechFulltech Co.Ltd.6546東証スタンダードサービス業FY ending Dec 2025, consolidated, J-GAAP
Out of every ¥100 of sales, about ¥3 is left as operating profit. Revenue changed -1.8% from the prior year, operating profit -25.6%.
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 | 3.8% | 1.04× | 3.9% | 1.73× | 6.8% |
| 2022 | 0.8% | 1.09× | 0.9% | 1.76× | 1.5% |
| 2023 | 1.9% | 1.12× | 2.1% | 1.87× | 3.9% |
| 2024 | 3.3% | 1.14× | 3.8% | 1.92× | 7.3% |
| 2025 | 1.8% | 1.15× | 2.1% | 1.82× | 3.9% |
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 Dec 2021 | FY ending Dec 2022 | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 |
|---|---|---|---|---|---|
| Revenue | 11,506 | 11,937 | 12,785 | 13,814 | 13,567 |
| Cost of revenue | 7,462 | 8,367 | 8,737 | 9,160 | 8,837 |
| Gross profit | 4,044 | 3,570 | 4,048 | 4,654 | 4,730 |
| SG&A | 3,415 | 3,500 | 3,599 | 4,041 | 4,274 |
| Operating income | 629 | 70 | 448 | 613 | 456 |
| Pretax income | 662 | 156 | 406 | 685 | 440 |
| Income tax | 225 | 62 | 167 | 227 | 190 |
| Net income attributable to owners | 437 | 94 | 239 | 458 | 250 |
| Operating margin | 5.5% | 0.6% | 3.5% | 4.4% | 3.4% |
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 Dec 2021 | FY ending Dec 2022 | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 |
|---|---|---|---|---|---|
| Cash and equivalents | ¥1.84B | ¥1.79B | ¥2.63B | ¥2.82B | ¥1.68B |
| Total assets | ¥11.1B | ¥10.8B | ¥12B | ¥12.2B | ¥11.4B |
| Net assets | ¥6.45B | ¥6.15B | ¥6.41B | ¥6.69B | ¥7B |
| Share capital | ¥329.3M | ¥329.3M | ¥329.3M | ¥329.3M | ¥329.3M |
| Trade receivables | ¥1.65B | ¥1.58B | ¥1.55B | ¥1.61B | ¥1.51B |
| Property, plant and equipment | ¥2.92B | ¥2.89B | ¥2.95B | ¥2.94B | ¥2.91B |
| Intangible assets excluding goodwill | ¥508.7M | ¥569M | ¥543.7M | ¥611.6M | ¥491.3M |
| Goodwill | — | — | — | ¥86.6M | — |
| Investment securities | ¥374.7M | ¥375.1M | ¥469.6M | ¥518.7M | ¥586.5M |
| Current assets | ¥6.72B | ¥6.36B | ¥7.44B | ¥7.5B | ¥6.63B |
| Current liabilities | ¥4.09B | ¥4.17B | ¥4.67B | ¥4.77B | ¥3.78B |
| Trade payables | ¥2B | ¥1.16B | ¥1.28B | ¥978.3M | ¥718M |
| Short-term borrowings | — | — | — | ¥120M | ¥420M |
| Long-term borrowings | ¥71.3M | ¥43.4M | ¥565.6M | ¥395.4M | ¥241.9M |
| Total liabilities | ¥4.61B | ¥4.69B | ¥5.59B | ¥5.55B | ¥4.43B |
| Equity attributable to owners of parent | ¥6.38B | ¥6.07B | ¥6.16B | ¥6.45B | ¥6.53B |
| Retained earnings | ¥5.76B | ¥5.45B | ¥5.54B | ¥5.83B | ¥5.91B |
| Treasury stock | -¥232K | -¥232K | -¥232K | -¥232K | -¥232K |
EDINET (FSA Japan)
訂正有価証券報告書－第63期(2025/01/01－2025/12/31)
EDINET (FSA Japan)
有価証券報告書－第62期(2024/01/01－2024/12/31)
EDINET (FSA Japan)
有価証券報告書－第61期(2023/01/01－2023/12/31)
EDINET (FSA Japan)
有価証券報告書－第60期(2022/01/01－2022/12/31)
EDINET (FSA Japan)
有価証券報告書－第59期(令和3年1月1日－令和3年12月31日)
EDINET (FSA Japan)
有価証券報告書－第58期(令和2年1月1日－令和2年12月31日)
Extracted from XBRL: 51 / Derived from other figures: 1
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