GrcsGRCS Inc.9250東証グロースサービス業FY ending Nov 2025, consolidated, J-GAAP
It lost about ¥2 for every ¥100 of sales at the operating level. Revenue changed +1.4% from the prior year, operating profit -253.6%.
Net margin × asset turnover = ROA; ROA × financial leverage = ROE
| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE |
|---|---|---|---|---|---|
| 2021 | 8.2% | 1.38× | 11.3% | 1.69× | 19.1% |
| 2022 | — | —× | -13.9% | —× | — |
| 2023 | — | —× | -19.1% | —× | — |
| 2024 | 3.4% | 1.96× | 6.7% | 5.95× | 39.9% |
| 2025 | — | —× | -29.0% | —× | — |
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 Nov 2021 | FY ending Nov 2022 | FY ending Nov 2023 | FY ending Nov 2024 | FY ending Nov 2025 |
|---|---|---|---|---|---|
| Revenue | 1,758 | 2,399 | 2,784 | 3,289 | 3,334 |
| Cost of revenue | 1,282 | 1,962 | 1,992 | 2,217 | 2,380 |
| Gross profit | 477 | 436 | 792 | 1,072 | 954 |
| SG&A | 354 | 624 | 937 | 1,028 | 1,022 |
| Operating income | 123 | -188 | -146 | 44 | -68 |
| Pretax income | 100 | -191 | -173 | 26 | -451 |
| Income tax | -44 | 11 | 99 | -87 | 76 |
| Net income attributable to owners | 144 | -209 | -280 | 113 | -528 |
| Operating margin | 7.0% | -7.8% | -5.2% | 1.3% | -2.0% |
Year-end figures from filings. Unreported items are omitted. Interest-bearing debt excludes lease liabilities.
| Item | FY ending Nov 2021 | FY ending Nov 2022 | FY ending Nov 2023 | FY ending Nov 2024 | FY ending Nov 2025 |
|---|---|---|---|---|---|
| Cash and equivalents | ¥875.3M | ¥847.5M | ¥611.5M | ¥740M | ¥530.8M |
| Total assets | ¥1.27B | ¥1.5B | ¥1.43B | ¥1.92B | ¥1.71B |
| Net assets | ¥751.9M | ¥481.7M | ¥218.1M | ¥415.4M | -¥95.9M |
| Share capital | ¥298.4M | ¥299.2M | ¥303.5M | ¥363.5M | ¥50M |
| Property, plant and equipment | ¥10.9M | ¥42.3M | ¥66M | ¥61.3M | ¥56M |
| Intangible assets excluding goodwill | ¥6.7M | ¥11.4M | ¥259.4M | ¥375.7M | ¥508.8M |
| Goodwill | — | — | ¥232.1M | ¥340.2M | ¥391M |
| Current assets | ¥1.15B | ¥1.32B | ¥1.07B | ¥1.33B | ¥1.07B |
| Current liabilities | ¥386.6M | ¥609.2M | ¥702.7M | ¥991.6M | ¥927.8M |
| Short-term borrowings | ¥37.5M | ¥29.2M | ¥100M | ¥37.5M | — |
| Long-term borrowings | ¥129.1M | ¥396.4M | ¥321.9M | ¥348.9M | ¥347.8M |
| Bonds | — | — | ¥70M | ¥50M | ¥128M |
| Interest-bearing debt | — | — | ¥491.9Mderived | ¥436.4Mderived | — |
| Total liabilities | ¥521.8M | ¥1.02B | ¥1.22B | ¥1.51B | ¥1.81B |
| Non-controlling interests | — | ¥37M | ¥45.2M | — | — |
| Equity attributable to owners of parent | ¥751.5M | ¥444.4M | ¥172.9M | ¥391.7M | -¥136.2M |
| Retained earnings | ¥190.3M | -¥18.8M | -¥298.9M | -¥186.4M | -¥714.3M |
| Treasury stock | — | -¥99.7M | -¥99.7M | -¥99.7M | -¥99.7M |
EDINET (FSA Japan)
有価証券報告書－第21期(2024/12/01－2025/11/30)
EDINET (FSA Japan)
有価証券報告書－第20期(2023/12/01－2024/11/30)
EDINET (FSA Japan)
有価証券報告書－第19期(2022/12/01－2023/11/30)
EDINET (FSA Japan)
有価証券報告書－第18期(2021/12/01－2022/11/30)
EDINET (FSA Japan)
有価証券報告書－第17期(令和2年12月1日－令和3年11月30日)
Extracted from XBRL: 43 / Derived from other figures: 1
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