HoraiHORAI Co.,Ltd.9679東証スタンダードサービス業FY ending Sep 2025, non-consolidated, J-GAAP
Out of every ¥100 of sales, about ¥10 is left as operating profit. Revenue changed +11.5% from the prior year, operating profit +7.9%.
Net margin × asset turnover = ROA; ROA × financial leverage = ROE
Denominators: average assets and average equity. Derived from reported values; ROE is shown only for positive profit and equity.
| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE |
|---|---|---|---|---|---|
| 2021 | 4.4% | 0.25× | 1.1% | 2.38× | 2.7% |
| 2022 | 9.5% | 0.26× | 2.5% | 2.31× | 5.8% |
| 2023 | 9.9% | 0.27× | 2.7% | 2.19× | 6.0% |
| 2024 | 5.6% | 0.28× | 1.6% | 2.16× | 3.4% |
| 2025 | 8.1% | 0.31× | 2.5% | 2.13× | 5.4% |
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 Sep 2021 | FY ending Sep 2022 | FY ending Sep 2023 | FY ending Sep 2024 | FY ending Sep 2025 |
|---|---|---|---|---|---|
| Revenue | 4,847 | 4,938 | 5,186 | 5,480 | 6,112 |
| Cost of revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| SG&A | — | — | — | — | — |
| Operating income | 207 | 444 | 528 | 571 | 617 |
| Pretax income | 275 | 675 | 708 | 526 | 673 |
| Income tax | 61 | 204 | 195 | 217 | 175 |
| Net income attributable to owners | 214 | 471 | 513 | 308 | 498 |
| Operating margin | 4.3% | 9.0% | 10.2% | 10.4% | 10.1% |
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 Sep 2021 | FY ending Sep 2022 | FY ending Sep 2023 | FY ending Sep 2024 | FY ending Sep 2025 |
|---|---|---|---|---|---|
| Cash and equivalents | ¥2.99B | ¥2.7B | ¥2.49B | ¥2.32B | ¥1.82B |
| Total assets | ¥19B | ¥18.9B | ¥18.9B | ¥19.8B | ¥19.7B |
| Net assets | ¥8.12B | ¥8.6B | ¥9.1B | ¥9.38B | ¥9.87B |
| Share capital | ¥4.34B | ¥4.34B | ¥4.34B | ¥4.34B | ¥4.34B |
| Property, plant and equipment | ¥13.8B | ¥13.8B | ¥13.8B | ¥15.7B | ¥15.8B |
| Intangible assets excluding goodwill | ¥24.5M | ¥22.3M | ¥31.1M | ¥24.9M | ¥43.2M |
| Investment securities | ¥866.9M | ¥971.7M | ¥1.07B | ¥741.3M | ¥863.8M |
| Current assets | ¥4.14B | ¥3.93B | ¥3.78B | ¥3.12B | ¥2.75B |
| Current liabilities | ¥1.29B | ¥1.26B | ¥1.24B | ¥1.77B | ¥1.51B |
| Long-term borrowings | ¥2.8B | ¥2.7B | ¥2.6B | ¥2.98B | ¥2.86B |
| Total liabilities | ¥10.9B | ¥10.3B | ¥9.75B | ¥10.4B | ¥9.84B |
| Equity attributable to owners of parent | ¥7.99B | ¥8.39B | ¥8.83B | ¥9.05B | ¥9.46B |
| Retained earnings | ¥3.14B | ¥3.54B | ¥3.98B | ¥4.2B | ¥4.61B |
| Treasury stock | -¥19M | -¥19.3M | -¥19.5M | -¥19.5M | -¥19.8M |
EDINET (FSA Japan)
有価証券報告書－第142期(2024/10/01－2025/09/30)
EDINET (FSA Japan)
有価証券報告書－第141期(2023/10/01－2024/09/30)
EDINET (FSA Japan)
有価証券報告書－第140期(2022/10/01－2023/09/30)
EDINET (FSA Japan)
有価証券報告書－第139期(令和3年10月1日－令和4年9月30日)
EDINET (FSA Japan)
有価証券報告書－第138期(令和2年10月1日－令和3年9月30日)
EDINET (FSA Japan)
有価証券報告書－第137期(令和1年10月1日－令和2年9月30日)
Extracted from XBRL: 43 / Derived from other figures: 1
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