# GEOMATEC CO.,LTD.: business model and financials

> Latest period: FY ending Mar 2026, non-consolidated, J-GAAP
> Unit: JPY millions
> Sources: 有価証券報告書－第73期(2025/04/01－2026/03/31) (S100YKF2)
> Page: https://vizora.meequs.com/en/company/geomatec
> Retrieved: 2026-09-30T21:33:20.513Z

## Company

Geomatec, founded in 1953, is a company in Electronic Components listed on TSE Standard. It has 296 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | GEOMATEC CO., LTD. |
| Ticker | 6907 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/6907.T) |
| Listing | TSE Standard |
| Head office | 神奈川県横浜市西区みなとみらい二丁目2番1号 |
| Representative (per filing) | 代表取締役社長兼CEO 松﨑 建太郎 |
| Founded | Sep 1953 |
| Share capital | ¥4.04B |
| Employees (consolidated) | 296 |
| Average salary (parent only) | ¥5.2M |
| Fiscal year end | March |
| Corporate number | 1020001015003 |
| EDINET | E02431 |
| Industries (Vizora) | Electronic Components |

> Profile source: annual securities report (S100YKF2, filed 2026-06-25). As of filing

## Five-axis industry profile

Primary industry: Electronic Components (2026-03-31)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Profitability | 49.1 | 56 |
| Cash conversion | 92.7 | 48 |
| Efficiency | 4.5 | 56 |

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)

- Geomatec brought in ¥6.01B in revenue.
- Out of every ¥100 of sales, about ¥6 is left as operating profit.
- Revenue changed +13.8% from the prior year, operating profit +5.4%.

## Company structure

- Segment revenue mix: Segment revenue breakdown is not disclosed
- Revenue → net income: ¥6008753000 → ¥638845000
- Net income → operating cash flow: ¥638845000 → ¥1256385000（difference ¥617540000）
- Main uses of operating cash flow: CapEx ¥881832000 / dividends — / buybacks ¥10000
- Change in cash: ¥1000664000
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 | ¥6.01B |  |
| Operating income | ¥341.2M | Margin 5.7% |
| Net income | ¥638.8M | Margin 10.6% |
| Free cash flow | ¥374.6M |  |
| Employees (consolidated) | 296 |  |
| EPS | ¥80.76 |  |
| Book value per share | ¥1269.69 |  |
| Equity ratio | 61.0% |  |
| Shares outstanding | 9,152,000 |  |
| Treasury shares | 1,242,100 |  |
| Shareholders | 3,334 |  |
| Average salary (parent only) | ¥5.2M | Filing company only |
| Cash ratio | 24.5% | Cash ÷ revenue 67.1% |
| Vs. industry median margin | -0.2 pp | Electronic Components |
| ROE | 7.1% | Derived from disclosed figures |
| ROA | 3.9% | Derived from disclosed figures |

## Notable figures

- FY2026, employees -5% while operating income rose 5%

## What changed in 4 years

Currency or consolidation scope differs; percentage changes are omitted.

| Metric | FY ending Mar 2022 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥5846550000 | ¥6008753000 | — |
| Operating income | ¥219652000 | ¥341223000 | — |
| Operating margin | 3.8% | 5.7% | +1.9 pp |
| Employees | 394 people | 296 people | — |
| Cash and equivalents | ¥5584687000 | ¥4029857000 | — |

### Change in segment revenue mix

Span: FY ending Mar 2022 → FY ending Mar 2026. Stable segment keys are connected; unmatched shares are marked as new or reorganized. Shares use total segment revenue.

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

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 6,009 | 100.0% | S100YKF2 |
| Cost of revenue | 4,546 | 75.7% | S100YKF2 |
| Gross profit | 1,463 | 24.3% | S100YKF2 |
| SG&A | 1,122 | 18.7% | S100YKF2 |
| Operating income | 341 | 5.7% | S100YKF2 |
| Ordinary income | 429 | 7.1% | S100YKF2 |
| Pretax income | 487 | 8.1% | S100YKF2 |
| Income tax | -152 | -2.5% | S100YKF2 |
| Net income | 639 | 10.6% | S100YKF2 |

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

| Part | JPY |
| --- | ---: |
| Cost of revenue | 75 |
| SG&A | 19 |
| Operating income | 6 |
| (Ref.) Net income | 11 |

### Margin funnel

Gross margin 24.3% → Operating margin 5.7% → Net margin 10.6%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue and profit up
Revenue growth: +13.8%; Core profit growth: +5.4%
Growth quality: revenue-led
Operating leverage (core profit growth ÷ revenue growth): 0.39×
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 | 5,281 | 6,009 | 728 | +13.8% |
| Gross profit | 1,538 | 1,463 | -75 | -4.9% |
| Operating income | 324 | 341 | 17 | +5.4% |
| Operating cash flow | 478 | 1,256 | 778 | +162.7% |
| Free cash flow | 110 | 375 | 265 | +241.2% |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2020 | 5,449 | -1,206 | -22.1% | -3,512 | 14 | -625 | S100LK8Z |
| FY ending Mar 2021 | 6,306 | -90 | -1.4% | -701 | -537 | -1,439 | S100OE9V |
| FY ending Mar 2022 | 5,847 | 220 | 3.8% | -80 | 290 | — | S100R5HK |
| FY ending Mar 2022 | 6,259 | -120 | -1.9% | -80 | 290 | -601 | S100OE9V |
| FY ending Mar 2023 | 5,812 | 66 | 1.1% | -366 | 307 | -495 | S100TTPW |
| FY ending Mar 2024 | 4,606 | -656 | -14.2% | -1,669 | -960 | -1,972 | S100W8CD |
| FY ending Mar 2025 | 5,281 | 324 | 6.1% | 360 | 478 | 110 | S100YKF2 |
| FY ending Mar 2026 | 6,009 | 341 | 5.7% | 639 | 1,256 | 375 | S100YKF2 |

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

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥20.3M |
| Operating income per employee (consolidated) | ¥1.2M |
| Net income per employee (consolidated) | ¥2.2M |

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) | 495 | 389 | 371 | 313 | 296 |
| Average salary (parent company) | ¥4.3M | ¥4.7M | ¥4.6M | ¥4.6M | ¥5.2M |
| Average age (parent company) | 44.6 years | 44.9 years | 45.5 years | 45.7 years | 45.5 years |
| Average tenure (parent company) | 21.3 years | 22.7 years | 23.5 years | 24.0 years | 24.3 years |

Year over year: Employees (consolidated) -5.4% · Revenue (consolidated) +13.8%

## Revenue by geography

No geographic revenue breakdown was disclosed.

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

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Operating cash flow | 1,256 | 20.9% | S100YKF2 |
| Capital expenditure | 882 | 14.7% | S100YKF2 |
| Free cash flow | 375 | 6.2% | 算出 |
| Investing cash flow | 32 | 0.5% | S100YKF2 |
| Financing cash flow | -294 | -4.9% | S100YKF2 |
| Share buyback | 0 | 0.0% | S100YKF2 |
| Change in cash | 1,001 | 16.7% | S100YKF2 |
| Cash and equivalents | 4,030 | 67.1% | S100YKF2 |

## 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 | 6,013 | 5,775 | 3,692 | 3,029 | 4,030 | S100OE9V, S100W8CD, S100YKF2 |
| Total assets | 18,851 | 17,425 | 15,185 | 16,358 | 16,460 | S100OE9V, S100TTPW, S100W8CD, S100YKF2 |
| Net assets | 10,399 | 10,134 | 8,653 | 9,105 | 10,044 | S100OE9V, S100W8CD, S100YKF2 |
| Share capital | 4,044 | 4,044 | 4,044 | 4,044 | 4,044 | S100OE9V, S100TTPW, S100W8CD, S100YKF2 |
| Trade receivables | 5,594 | — | — | — | — | S100OE9V |
| Property, plant and equipment | 2,866 | 2,586 | 2,070 | 1,968 | 2,012 | S100OE9V, S100TTPW, S100W8CD, S100YKF2 |
| Intangible assets excluding goodwill | 70 | 82 | 151 | 156 | 162 | S100OE9V, S100TTPW, S100W8CD, S100YKF2 |
| Investment securities | 1,381 | 1,371 | 1,849 | 2,355 | 2,760 | S100OE9V, S100TTPW, S100W8CD, S100YKF2 |
| Current assets | 13,868 | 12,725 | 10,587 | 10,744 | 10,540 | S100OE9V, S100TTPW, S100W8CD, S100YKF2 |
| Current liabilities | 6,741 | 5,696 | 4,887 | 5,707 | 5,040 | S100OE9V, S100TTPW, S100W8CD, S100YKF2 |
| Trade payables | 4,880 | — | — | — | — | S100OE9V |
| Long-term borrowings | 1,466 | 1,304 | 1,357 | 1,244 | 1,107 | S100OE9V, S100TTPW, S100W8CD, S100YKF2 |
| Total liabilities | 8,452 | 7,291 | 6,532 | 7,254 | 6,417 | S100OE9V, S100TTPW, S100W8CD, S100YKF2 |
| Equity attributable to owners of parent | 10,034 | 9,966 | 8,297 | 8,657 | 9,296 | S100OE9V, S100TTPW, S100W8CD, S100YKF2 |
| Retained earnings | -996 | -1,064 | -2,733 | -2,373 | -1,734 | S100OE9V, S100TTPW, S100W8CD, S100YKF2 |
| Treasury stock | -1,311 | -1,311 | -1,311 | -1,311 | -1,311 | S100OE9V, S100TTPW, S100W8CD, S100YKF2 |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 24% | S100YKF2 |
| Property, plant and equipment | 12% | S100YKF2 |
| Intangibles and goodwill | 1% | S100YKF2 |
| Investment securities | 17% | S100YKF2 |
| Other assets | 46% | S100YKF2 |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Other liabilities | 39% | S100YKF2 |
| Equity | 61% | S100YKF2 |
| Other liabilities | 0% | S100YKF2 |

### 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 | 18,851 | 17,425 | 15,185 | 16,358 | 16,460 |
| Equity | 10,399 | 10,134 | 8,653 | 9,105 | 10,044 |
| Interest-bearing debt | — | — | — | — | — |
| Cash | 6,013 | 5,775 | 3,692 | 3,029 | 4,030 |

## 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) | 33.5% | S100YKF2 |
| Fixed assets ÷ total assets | 12.2% | S100YKF2 |
| Goodwill ÷ parent equity | — | —, S100YKF2 |

### 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) | 24.5% |
| Cash ÷ revenue | 67.1% |
| Net cash (cash − interest-bearing debt) | — |
| Net debt ÷ operating cash flow | — |
| Cash conversion (operating CF ÷ operating income) | 368.2% |
| Cash vs. profit gap | 618 JPY mn (of net income 96.7%) |
| Shareholder returns / net income | — |
| Shareholder returns / FCF | — |
| Shareholder payments — dividends / net income | — |
| Shareholder payments — dividends / FCF | — |
| CapEx intensity (capex ÷ revenue) | 14.7% |
| Investing CF relative to operating CF | 2.5% |

## 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 | — | —× | -0.4% | —× | — | S100OE9V |
| 2023 | — | —× | -2.1% | —× | — | S100TTPW |
| 2024 | — | —× | -10.2% | —× | — | S100W8CD |
| 2025 | 6.8% | 0.33× | 2.3% | 1.86× | 4.3% | S100YKF2 |
| 2026 | 10.6% | 0.37× | 3.9% | 1.83× | 7.1% | S100YKF2 |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 有限会社松﨑興産 | Major shareholder | 16.8% | 2026-03-31 |
| 株式会社ＳＢＩ証券 | Major shareholder | 5.7% | 2026-03-31 |
| 松﨑 建太郎 | Major shareholder | 5.4% | 2026-03-31 |
| 株式会社きらぼし銀行 | Major shareholder | 5.0% | 2026-03-31 |
| 株式会社三菱ＵＦＪ銀行 | Major shareholder | 3.8% | 2026-03-31 |
| 明治安田生命保険相互会社 | Major shareholder | 1.9% | 2026-03-31 |
| 鳥井 俊和 | Major shareholder | 1.8% | 2026-03-31 |
| 森安 英雄 | Major shareholder | 1.7% | 2026-03-31 |
| ジオマテック従業員持株会 | Major shareholder | 1.4% | 2026-03-31 |
| 梅田 泰行 | Major shareholder | 1.4% | 2026-03-31 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第73期(2025/04/01－2026/03/31) | S100YKF2 | 2026-06-25 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YKF2,, |
| 有価証券報告書－第72期(2024/04/01－2025/03/31) | S100W8CD | 2025-06-27 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100W8CD,, |
| 有価証券報告書－第71期(2023/04/01－2024/03/31) | S100TTPW | 2024-06-27 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100TTPW,, |
| 有価証券報告書－第70期(2022/04/01－2023/03/31) | S100R5HK | 2023-06-29 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100R5HK,, |
| 有価証券報告書－第69期(令和3年4月1日－令和4年3月31日) | S100OE9V | 2022-06-29 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100OE9V,, |
| 有価証券報告書－第68期(令和2年4月1日－令和3年3月31日) | S100LK8Z | 2021-06-25 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100LK8Z,, |

## 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).