Globe-ingGlobe-ing Inc.277A東証プライムサービス業FY ending May 2026, consolidated, IFRS

Globe-ing revenue and profit

Out of every ¥100 of sales, about ¥35 is left as operating profit. Revenue changed +39.4% from the prior year, operating profit +53.6%.

Five-year trend

Revenue¥11.5B
FY ending May 2024: ¥4.18B¥4.18BFY ending May 2025: ¥8.26B¥8.26BFY ending May 2026: ¥11.5B¥11.5BFY24FY25FY26
Operating income¥4B
FY ending May 2024: ¥369.6M¥369.6MFY ending May 2025: ¥2.61B¥2.61BFY ending May 2026: ¥4B¥4BFY24FY25FY26
Operating margin34.8%
FY ending May 2024: 8.9%8.9%FY ending May 2025: 31.6%31.6%FY ending May 2026: 34.8%34.8%FY24FY25FY26

What drives ROE

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

Net margin25.0%
Asset turnover1.09×
ROA27.1%
ROA27.1%
Financial leverage1.59×
ROE43.2%

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

Net margin25.0%
2024: 6.2%6.2%2025: 19.2%19.2%2026: 25.0%25.0%242526
Asset turnover1.09×
2024: 1.34×1.34×2025: 1.34×1.34×2026: 1.09×1.09×242526
ROA27.1%
2024: 8.3%8.3%2025: 25.7%25.7%2026: 27.1%27.1%242526
Financial leverage1.59×
2024: 2.04×2.04×2025: 1.71×1.71×2026: 1.59×1.59×242526
ROE43.2%
2024: 17.1%17.1%2025: 43.9%43.9%2026: 43.2%43.2%242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
20246.2%1.34×8.3%2.04×17.1%
202519.2%1.34×25.7%1.71×43.9%
202625.0%1.09×27.1%1.59×43.2%

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 ÷ revenue2.9%
2024: 1.9%1.9%2025: 2.1%2.1%2026: 2.9%2.9%242526
PPE ÷ total assets2.8%
2024: 2.5%2.5%2025: 1.8%1.8%2026: 2.8%2.8%242526
Goodwill ÷ parent equity1.4%
2024: 6.8%6.8%2025: 1.8%1.8%2026: 1.4%1.4%242526
Goodwill balance¥104.5M
2024: ¥104.5M¥104.5M2025: ¥104.5M¥104.5M2026: ¥104.5M¥104.5M242526

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¥103.4M
2025: ¥94.1M¥94.1M2026: ¥103.4M¥103.4M242526
R&D / revenue0.9%
2025: 1.1%1.1%2026: 0.9%0.9%242526
Inventory days—
2024: 3d3d2025: 1d1d242526

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 May 2024FY ending May 2025FY ending May 2026
Revenue4,1758,25611,513
Cost of revenue1,5282,7003,851
Gross profit2,6475,5567,662
SG&A2,2782,8473,651
Operating income3702,6074,003
Pretax income3932,5593,953
Income tax1339561,077
Net income attributable to owners2611,5832,876
Operating margin8.9%31.6%34.8%

Balance sheet (reported items)

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

Assets

Cash 47%
3%
1%
Other assets 49%

Funding

Other liabilities 36%
Equity 64%
0%

Each bar totals 100% of assets; other is the residual.

ItemFY ending May 2024FY ending May 2025FY ending May 2026
Cash and equivalents¥1.39B¥6.61B¥5.69B
Total assets¥3.12B¥9.19B¥12B
Net assets¥1.53B¥5.8B¥7.63B
Share capital¥90M¥1.2B¥1.2B
Inventories¥10.6M¥6.5M—
Property, plant and equipment¥77.8M¥169.5M¥333.8M
Intangible assets excluding goodwill¥209.2M¥382M—
Goodwill¥104.5M¥104.5M¥104.5M
Current assets¥2.07B¥7.84B¥9.13B
Current liabilities¥947.8M¥2.78B—
Total liabilities¥1.6B¥3.39B¥4.38B
Non-controlling interests—¥117.8M—
Equity attributable to owners of parent¥1.53B¥5.68B¥7.63B
Retained earnings¥912.3M¥2.5B¥5.37B
Treasury stock——-¥512.3M

Sources

Show source documents (2)
  • EDINET (FSA Japan)

    有価証券報告書-第11期(2025/06/01-2026/05/31)

    ID S100YYQX2026-08-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第10期(2024/06/01-2025/05/31)

    ID S100WLJK2025-08-28Open

Extracted from XBRL: 44 / Derived from other figures: 1

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