HiragaHIRAGA CO., LTD.7863東証スタンダードその他製品FY ending Mar 2026, non-consolidated, J-GAAP

Hiraga revenue and profit

Out of every ¥100 of sales, about ¥2 is left as operating profit. Revenue changed +1.8% from the prior year, operating profit -40.9%.

Five-year trend

Revenue¥9.97B
FY ending Mar 2022: ¥8.51B¥8.51BFY ending Mar 2023: ¥9.01B¥9.01BFY ending Mar 2024: ¥9.95B¥9.95BFY ending Mar 2025: ¥9.79B¥9.79BFY ending Mar 2026: ¥9.97B¥9.97BFY22FY23FY24FY25FY26
Operating income¥216M
FY ending Mar 2022: ¥554.2M¥554.2MFY ending Mar 2023: ¥458.9M¥458.9MFY ending Mar 2024: ¥494.4M¥494.4MFY ending Mar 2025: ¥365.3M¥365.3MFY ending Mar 2026: ¥216M¥216MFY22FY23FY24FY25FY26
Operating margin2.2%
FY ending Mar 2022: 6.5%6.5%FY ending Mar 2023: 5.1%5.1%FY ending Mar 2024: 5.0%5.0%FY ending Mar 2025: 3.7%3.7%FY ending Mar 2026: 2.2%2.2%FY22FY23FY24FY25FY26

What drives ROE

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

Net margin1.9%
Asset turnover1.36×
ROA2.6%
ROA2.6%
Financial leverage1.87×
ROE4.8%

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

Net margin1.9%
2022: 4.5%4.5%2023: 4.4%4.4%2024: 5.7%5.7%2025: 3.2%3.2%2026: 1.9%1.9%2223242526
Asset turnover1.36×
2022: 1.20×1.20×2023: 1.32×1.32×2024: 1.37×1.37×2025: 1.29×1.29×2026: 1.36×1.36×2223242526
ROA2.6%
2022: 5.4%5.4%2023: 5.8%5.8%2024: 7.8%7.8%2025: 4.1%4.1%2026: 2.6%2.6%2223242526
Financial leverage1.87×
2022: 2.48×2.48×2023: 2.25×2.25×2024: 2.11×2.11×2025: 2.00×2.00×2026: 1.87×1.87×2223242526
ROE4.8%
2022: 13.5%13.5%2023: 13.0%13.0%2024: 16.3%16.3%2025: 8.2%8.2%2026: 4.8%4.8%2223242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
20224.5%1.20×5.4%2.48×13.5%
20234.4%1.32×5.8%2.25×13.0%
20245.7%1.37×7.8%2.11×16.3%
20253.2%1.29×4.1%2.00×8.2%
20261.9%1.36×2.6%1.87×4.8%

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 ÷ revenue18.6%
2021: 24.9%24.9%2022: 16.2%16.2%2023: 14.7%14.7%2024: 18.2%18.2%2025: 17.1%17.1%2026: 18.6%18.6%212223242526
PPE ÷ total assets24.7%
2021: 24.0%24.0%2022: 19.4%19.4%2023: 20.1%20.1%2024: 22.7%22.7%2025: 23.3%23.3%2026: 24.7%24.7%212223242526

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.

Receivable days—
2021: 57d57d212223242526

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 Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Revenue8,5089,0119,9559,7929,967
Cost of revenue6,5067,0907,8707,8628,010
Gross profit2,0021,9212,0851,9301,957
SG&A1,4481,4621,5901,5651,741
Operating income554459494365216
Pretax income586551599438289
Income tax20015534126100
Net income attributable to owners386396565312189
Operating margin6.5%5.1%5.0%3.7%2.2%

Balance sheet (reported items)

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

Assets

Cash 31%
Property, plant and equipment 25%
2%
Investment securities 14%
Other assets 28%

Funding

Other liabilities 41%
Equity 59%
0%

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

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Cash and equivalents¥2.69B¥2.32B¥2.45B¥2.26B¥2.34B
Total assets¥7.1B¥6.59B¥7.98B¥7.2B¥7.5B
Net assets¥3.06B¥3.37B¥4.14B¥4.14B¥4.44B
Share capital¥434.3M¥434.3M¥434.3M¥434.3M¥434.3M
Property, plant and equipment¥1.38B¥1.32B¥1.81B¥1.68B¥1.85B
Intangible assets excluding goodwill¥54.4M¥80.7M¥158.5M¥163.3M¥149.4M
Investment securities¥588.5M¥525.5M¥944.3M¥687.4M¥1.03B
Current assets¥4.38B¥3.99B¥4.43B¥3.98B¥3.88B
Current liabilities¥2.77B¥2.38B¥3.07B¥2.33B¥2.28B
Short-term borrowings¥730M¥450M¥450M¥400M¥600M
Long-term borrowings¥642.4M¥233M¥192.4M¥151.9M¥111.4M
Total liabilities¥4.05B¥3.22B¥3.85B¥3.06B¥3.06B
Equity attributable to owners of parent¥2.87B¥3.22B¥3.7B¥3.9B¥3.97B
Retained earnings¥2.59B¥2.94B¥3.42B¥3.62B¥3.69B
Treasury stock-¥570.5M-¥570.5M-¥570.6M-¥570.6M-¥570.6M

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    有価証券報告書-第71期(2025/04/01-2026/03/31)

    ID S100YLE62026-06-29Open
  • EDINET (FSA Japan)

    有価証券報告書-第70期(2024/04/01-2025/03/31)

    ID S100W2YE2025-06-27Open
  • EDINET (FSA Japan)

    有価証券報告書-第69期(2023/04/01-2024/03/31)

    ID S100TWPD2024-06-28Open
  • EDINET (FSA Japan)

    有価証券報告書-第68期(2022/04/01-2023/03/31)

    ID S100R3QZ2023-06-30Open
  • EDINET (FSA Japan)

    有価証券報告書-第67期(令和3年4月1日-令和4年3月31日)

    ID S100OEIO2022-06-24Open
  • EDINET (FSA Japan)

    有価証券報告書-第66期(令和2年4月1日-令和3年3月31日)

    ID S100LHLP2021-06-25Open

Extracted from XBRL: 47 / Derived from other figures: 1

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