GrandesGRANDES,Inc.3261東証グロース不動産業FY ending Dec 2025, consolidated, J-GAAP
Operating profit was close to zero, a slight profit per ¥100 of sales. Revenue changed -19.2% from the prior year, operating profit -97.3%.
Net margin × asset turnover = ROA; ROA × financial leverage = ROE
| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE |
|---|---|---|---|---|---|
| 2021 | 6.5% | 0.74× | 4.8% | 1.97× | 9.5% |
| 2022 | 2.5% | 0.65× | 1.6% | 2.12× | 3.4% |
| 2023 | 3.9% | 1.08× | 4.2% | 2.12× | 8.9% |
| 2024 | 5.9% | 0.98× | 5.8% | 1.78× | 10.4% |
| 2025 | — | —× | -0.1% | —× | — |
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
| Item | FY ending Dec 2021 | FY ending Dec 2022 | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 |
|---|---|---|---|---|---|
| Revenue | 2,808 | 2,661 | 4,600 | 4,226 | 3,417 |
| Cost of revenue | 2,185 | 2,052 | 3,660 | 2,966 | 2,686 |
| Gross profit | 622 | 609 | 940 | 1,261 | 731 |
| SG&A | 357 | 382 | 814 | 778 | 718 |
| Operating income | 266 | 227 | 126 | 482 | 13 |
| Pretax income | 275 | 131 | 297 | 462 | 30 |
| Income tax | 92 | 65 | 118 | 211 | 33 |
| Net income attributable to owners | 183 | 66 | 179 | 251 | -3 |
| Operating margin | 9.5% | 8.5% | 2.7% | 11.4% | 0.4% |
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 | ¥703.1M | ¥1.64B | ¥1.17B | ¥1.61B | ¥966.2M |
| Total assets | ¥3.78B | ¥4.4B | ¥4.09B | ¥4.53B | ¥5.55B |
| Net assets | ¥1.92B | ¥1.93B | ¥2.06B | ¥2.77B | ¥2.69B |
| Share capital | ¥268.9M | ¥268.9M | ¥268.9M | ¥462.5M | ¥462.5M |
| Property, plant and equipment | ¥11.5M | ¥7.7M | ¥6.5M | ¥17.3M | ¥87.6M |
| Intangible assets excluding goodwill | ¥11M | ¥5.6M | ¥3.8M | ¥2.2M | ¥80.4M |
| Goodwill | ¥3.5M | — | — | — | ¥78.9M |
| Current assets | ¥3.69B | ¥4.26B | ¥3.98B | ¥4.4B | ¥5.27B |
| Current liabilities | ¥390.6M | ¥975.6M | ¥1B | ¥839.9M | ¥1.16B |
| Short-term borrowings | — | — | ¥160M | ¥150M | ¥477M |
| Long-term borrowings | ¥1.47B | ¥1.4B | ¥949.8M | ¥807.8M | ¥1.6B |
| Total liabilities | ¥1.86B | ¥2.46B | ¥2.02B | ¥1.75B | ¥2.86B |
| Equity attributable to owners of parent | ¥1.92B | ¥1.93B | ¥2.06B | ¥2.77B | ¥2.69B |
| Retained earnings | ¥1.45B | ¥1.47B | ¥1.6B | ¥1.79B | ¥1.71B |
| Treasury stock | -¥61.2M | -¥61.2M | -¥61.2M | -¥371K | -¥371K |
EDINET (FSA Japan)
有価証券報告書－第20期(2025/01/01－2025/12/31)
EDINET (FSA Japan)
有価証券報告書－第19期(2024/01/01－2024/12/31)
EDINET (FSA Japan)
有価証券報告書－第18期(2023/01/01－2023/12/31)
EDINET (FSA Japan)
有価証券報告書－第17期(2022/01/01－2022/12/31)
EDINET (FSA Japan)
有価証券報告書－第16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15期(令和2年1月1日－令和2年12月31日)
Extracted from XBRL: 47 / Derived from other figures: 1
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