Tsuji Hongo IT ConsultingTsuji Hongo IT Consulting Co., Ltd.476A東証スタンダードサービス業FY ending Sep 2025, consolidated, J-GAAP

Tsuji Hongo IT Consulting revenue and profit

Out of every ¥100 of sales, about ¥15 is left as operating profit. Revenue changed +64.5% from the prior year, operating profit +190.8%.

Five-year trend

Revenue¥2.12B
FY ending Sep 2024: ¥1.29B¥1.29BFY ending Sep 2025: ¥2.12B¥2.12BFY24FY25
Operating income¥320.5M
FY ending Sep 2024: ¥110.2M¥110.2MFY ending Sep 2025: ¥320.5M¥320.5MFY24FY25
Operating margin15.1%
FY ending Sep 2024: 8.5%8.5%FY ending Sep 2025: 15.1%15.1%FY24FY25

What drives ROE

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

Net margin8.0%
Asset turnover1.33×
ROA10.6%
ROA10.6%
Financial leverage1.73×
ROE18.3%

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

Net margin8.0%
2024: 6.1%6.1%2025: 8.0%8.0%2425
Asset turnover1.33×
2024: 0.85×0.85×2025: 1.33×1.33×2425
ROA10.6%
2024: 5.2%5.2%2025: 10.6%10.6%2425
Financial leverage1.73×
2024: 1.81×1.81×2025: 1.73×1.73×2425
ROE18.3%
2024: 9.3%9.3%2025: 18.3%18.3%2425
PeriodNet marginAsset turnoverROAFinancial leverageROE
20246.1%0.85×5.2%1.81×9.3%
20258.0%1.33×10.6%1.73×18.3%

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 ÷ revenue1.0%
2024: 1.7%1.7%2025: 1.0%1.0%2425
PPE ÷ total assets1.3%
2024: 1.5%1.5%2025: 1.3%1.3%2425
Goodwill ÷ parent equity26.3%
2024: 35.3%35.3%2025: 26.3%26.3%2425
Goodwill balance¥265.7M
2024: ¥296.2M¥296.2M2025: ¥265.7M¥265.7M2425

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.

R&D spending¥6.3M
2025: ¥6.3M¥6.3M2425
R&D / revenue0.3%
2025: 0.3%0.3%2425

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 Sep 2024FY ending Sep 2025
Revenue1,2912,124
Cost of revenue636992
Gross profit6551,132
SG&A545812
Operating income110320
Pretax income110253
Income tax3182
Net income attributable to owners79169
Operating margin8.5%15.1%

Balance sheet (reported items)

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

Assets

Cash 56%
1%
Intangibles and goodwill 32%
Other assets 11%

Funding

Other liabilities 40%
Equity 60%

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

ItemFY ending Sep 2024FY ending Sep 2025
Cash and equivalents¥866.8M¥940.3M
Total assets¥1.52B¥1.67B
Net assets¥848M¥1.01B
Share capital¥30M¥30M
Property, plant and equipment¥22.3M¥21M
Intangible assets excluding goodwill¥296.8M¥265.7M
Goodwill¥296.2M¥265.7M
Current assets¥1.11B¥1.28B
Current liabilities¥435.7M¥538.5M
Long-term borrowings¥220.9M¥120.1M
Total liabilities¥670.8M¥662.8M
Non-controlling interests¥7.8M—
Equity attributable to owners of parent¥840.2M¥1.01B
Retained earnings¥18.2M¥187.7M

Sources

Show source documents (1)
  • EDINET (FSA Japan)

    有価証券報告書-第14期(2024/10/01-2025/09/30)

    ID S100XDEA2025-12-26Open

Extracted from XBRL: 44 / Derived from other figures: 1

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