Iace TravelIACE TRAVEL Corporation.343A東証スタンダードサービス業FY ending Mar 2026, consolidated, J-GAAP

Iace Travel revenue and profit

Out of every ¥100 of sales, about ¥25 is left as operating profit. Revenue changed +11.9% from the prior year, operating profit +24.2%.

Five-year trend

Revenue¥3.02B
FY ending Mar 2024: ¥2.42B¥2.42BFY ending Mar 2025: ¥2.69B¥2.69BFY ending Mar 2026: ¥3.02B¥3.02BFY24FY25FY26
Operating income¥754.1M
FY ending Mar 2024: ¥425.4M¥425.4MFY ending Mar 2025: ¥607.3M¥607.3MFY ending Mar 2026: ¥754.1M¥754.1MFY24FY25FY26
Operating margin25.0%
FY ending Mar 2024: 17.6%17.6%FY ending Mar 2025: 22.5%22.5%FY ending Mar 2026: 25.0%25.0%FY24FY25FY26

What drives ROE

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

Net margin17.6%
Asset turnover0.57×
ROA9.9%
ROA9.9%
Financial leverage1.51×
ROE15.0%

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

Net margin17.6%
2024: 14.2%14.2%2025: 14.7%14.7%2026: 17.6%17.6%242526
Asset turnover0.57×
2024: 0.57×0.57×2025: 0.59×0.59×2026: 0.57×0.57×242526
ROA9.9%
2024: 8.1%8.1%2025: 8.6%8.6%2026: 9.9%9.9%242526
Financial leverage1.51×
2024: 1.75×1.75×2025: 1.74×1.74×2026: 1.51×1.51×242526
ROE15.0%
2024: 14.2%14.2%2025: 15.0%15.0%2026: 15.0%15.0%242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
202414.2%0.57×8.1%1.75×14.2%
202514.7%0.59×8.6%1.74×15.0%
202617.6%0.57×9.9%1.51×15.0%

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 ÷ revenue0.0%
2024: 0.1%0.1%2025: 0.0%0.0%2026: 0.0%0.0%242526
PPE ÷ total assets0.0%
2024: 0.0%0.0%2025: 0.0%0.0%2026: 0.0%0.0%242526

Ratios are derived from reported values. Goodwill is shown only when separately reported; it is not inferred from combined intangible assets. Definition

Income statement (JPY millions)

ItemFY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Revenue2,4212,6943,015
Cost of revenue581675688
Gross profit1,8412,0192,327
SG&A1,4151,4121,573
Operating income425607754
Pretax income382587755
Income tax37193225
Net income attributable to owners345395530
Operating margin17.6%22.5%25.0%

Balance sheet (reported items)

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

Assets

Cash 26%
0%
2%
Other assets 72%

Funding

Other liabilities 26%
Equity 74%

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

ItemFY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Cash and equivalents¥917.8M¥1.17B¥1.51B
Total assets¥4.26B¥4.89B¥5.77B
Net assets¥2.46B¥2.85B¥4.29B
Share capital¥80M¥80M¥524.6M
Property, plant and equipment¥1.6M¥1.1M¥1.2M
Intangible assets excluding goodwill¥67.6M¥76M¥89.1M
Current assets¥3.93B¥4.55B¥5.45B
Current liabilities¥1.79B¥2.03B¥1.48B
Short-term borrowings¥1B¥1B—
Total liabilities¥1.8B¥2.04B¥1.48B
Equity attributable to owners of parent¥2.43B¥2.83B¥4.25B
Retained earnings¥2.35B¥2.75B¥3.28B

Sources

Show source documents (2)
  • EDINET (FSA Japan)

    有価証券報告書-第45期(2025/04/01-2026/03/31)

    ID S100YG2V2026-06-22Open
  • EDINET (FSA Japan)

    有価証券報告書-第44期(2024/04/01-2025/03/31)

    ID S100W1OL2025-06-23Open

Extracted from XBRL: 41 / Derived from other figures: 1

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