Hokuetsu MetalHOKUETSU METAL Co.,Ltd.5446東証スタンダード鉄鋼FY ending Mar 2026, consolidated, J-GAAP
It lost about ¥1 for every ¥100 of sales at the operating level. Revenue changed -17.9% from the prior year, operating profit -146.3%.
Net margin × asset turnover = ROA; ROA × financial leverage = ROE
| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE |
|---|---|---|---|---|---|
| 2022 | — | —× | -3.6% | —× | — |
| 2023 | 3.3% | 1.14× | 3.7% | 1.76× | 6.6% |
| 2024 | 1.5% | 1.12× | 1.6% | 1.78× | 2.9% |
| 2025 | 2.0% | 1.04× | 2.1% | 1.70× | 3.5% |
| 2026 | — | —× | -1.3% | —× | — |
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
Track R&D investment and how long operating capital remains tied up before sales turn into cash.
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.
| Item | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
|---|---|---|---|---|---|
| Revenue | 27,356 | 31,041 | 31,824 | 28,730 | 23,598 |
| Cost of revenue | 25,221 | 26,871 | 28,152 | 24,881 | 20,912 |
| Gross profit | 2,135 | 4,170 | 3,671 | 3,848 | 2,686 |
| SG&A | 2,898 | 3,130 | 3,143 | 3,180 | 2,996 |
| Operating income | -763 | 1,040 | 529 | 668 | -309 |
| Pretax income | -755 | 1,116 | 662 | 773 | -215 |
| Income tax | 213 | 104 | 194 | 201 | 125 |
| Net income attributable to owners | -968 | 1,012 | 468 | 572 | -339 |
| Operating margin | -2.8% | 3.4% | 1.7% | 2.3% | -1.3% |
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 Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
|---|---|---|---|---|---|
| Cash and equivalents | ¥2.71B | ¥2.25B | ¥2.77B | ¥2.24B | ¥2.29B |
| Total assets | ¥26.5B | ¥28B | ¥28.8B | ¥26.7B | ¥25.8B |
| Net assets | ¥15.4B | ¥16.4B | ¥17B | ¥17.8B | ¥17.9B |
| Share capital | ¥1.97B | ¥1.97B | ¥1.97B | ¥1.97B | ¥1.97B |
| Trade receivables | ¥2.2B | ¥3.02B | ¥3.59B | ¥2.95B | ¥2.32B |
| Inventories | ¥5.12B | ¥5.44B | ¥4.24B | ¥4.33B | ¥4.01B |
| Property, plant and equipment | ¥9.7B | ¥9.83B | ¥10.3B | ¥10.3B | ¥9.91B |
| Intangible assets excluding goodwill | ¥23.1M | ¥31.6M | ¥38.9M | ¥79.3M | ¥205.8M |
| Investment securities | ¥1.37B | ¥1.52B | ¥1.79B | ¥2.2B | ¥3.02B |
| Current assets | ¥14B | ¥15.2B | ¥15.4B | ¥13B | ¥11.7B |
| Current liabilities | ¥8.3B | ¥9.11B | ¥9.09B | ¥6.42B | ¥5.43B |
| Trade payables | ¥4.66B | ¥4.64B | ¥5.01B | ¥3.02B | ¥2.54B |
| Short-term borrowings | ¥1.95B | ¥2.45B | ¥2.16B | ¥1.59B | ¥1.45B |
| Long-term borrowings | ¥1.71B | ¥1.26B | ¥1.51B | ¥1.12B | ¥764.8M |
| Bonds | ¥100M | ¥100M | — | — | — |
| Interest-bearing debt | ¥3.76Bderived | ¥3.81Bderived | — | — | — |
| Total liabilities | ¥11.2B | ¥11.5B | ¥11.8B | ¥8.9B | ¥7.93B |
| Equity attributable to owners of parent | ¥15B | ¥15.9B | ¥16B | ¥16.6B | ¥16.1B |
| Retained earnings | ¥11.8B | ¥12.7B | ¥12.8B | ¥13.3B | ¥12.8B |
| Treasury stock | -¥172.5M | -¥168.3M | -¥160.3M | -¥157.4M | -¥147.9M |
EDINET (FSA Japan)
有価証券報告書－第110期(2025/04/01－2026/03/31)
EDINET (FSA Japan)
有価証券報告書－第109期(2024/04/01－2025/03/31)
EDINET (FSA Japan)
有価証券報告書－第108期(2023/04/01－2024/03/31)
EDINET (FSA Japan)
有価証券報告書－第107期(2022/04/01－2023/03/31)
EDINET (FSA Japan)
有価証券報告書－第106期(令和3年4月1日－令和4年3月31日)
EDINET (FSA Japan)
有価証券報告書－第105期(令和2年4月1日－令和3年3月31日)
Extracted from XBRL: 51 / Derived from other figures: 1
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