IntermesticINTERMESTIC INC.262A東証プライム小売業FY ending Dec 2025, consolidated, J-GAAP

Intermestic revenue and profit

Out of every ¥100 of sales, about ¥12 is left as operating profit. Revenue changed +11.8% from the prior year, operating profit +19.5%.

Five-year trend

Revenue¥50.2B
FY ending Dec 2023: ¥39.9B¥39.9BFY ending Dec 2024: ¥44.8B¥44.8BFY ending Dec 2025: ¥50.2B¥50.2BFY23FY24FY25
Operating income¥5.99B
FY ending Dec 2023: ¥3.5B¥3.5BFY ending Dec 2024: ¥5.01B¥5.01BFY ending Dec 2025: ¥5.99B¥5.99BFY23FY24FY25
Operating margin11.9%
FY ending Dec 2023: 8.8%8.8%FY ending Dec 2024: 11.2%11.2%FY ending Dec 2025: 11.9%11.9%FY23FY24FY25

What drives ROE

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

Net margin8.2%
Asset turnover1.03×
ROA8.4%
ROA8.4%
Financial leverage2.01×
ROE16.9%

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

Net margin8.2%
2023: 6.4%6.4%2024: 7.8%7.8%2025: 8.2%8.2%232425
Asset turnover1.03×
2023: 1.99×1.99×2024: 1.63×1.63×2025: 1.03×1.03×232425
ROA8.4%
2023: 12.8%12.8%2024: 12.8%12.8%2025: 8.4%8.4%232425
Financial leverage2.01×
2023: 3.21×3.21×2024: 1.88×1.88×2025: 2.01×2.01×232425
ROE16.9%
2023: 40.9%40.9%2024: 24.1%24.1%2025: 16.9%16.9%232425
PeriodNet marginAsset turnoverROAFinancial leverageROE
20236.4%1.99×12.8%3.21×40.9%
20247.8%1.63×12.8%1.88×24.1%
20258.2%1.03×8.4%2.01×16.9%

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 ÷ revenue12.0%
2023: 5.1%5.1%2024: 6.1%6.1%2025: 12.0%12.0%232425
PPE ÷ total assets9.6%
2023: 10.2%10.2%2024: 7.8%7.8%2025: 9.6%9.6%232425
Goodwill ÷ parent equity92.4%
2025: 92.4%92.4%232425
Goodwill balance¥23.9B
2025: ¥23.9B¥23.9B232425

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 Dec 2023FY ending Dec 2024FY ending Dec 2025
Revenue39,87544,84550,151
Cost of revenue10,87811,13811,680
Gross profit28,99733,70738,470
SG&A25,49928,69532,479
Operating income3,4975,0125,990
Pretax income3,3334,8115,924
Income tax7711,2961,805
Net income attributable to owners2,5623,5154,119
Operating margin8.8%11.2%11.9%

Balance sheet (reported items)

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

ItemFY ending Dec 2023FY ending Dec 2024FY ending Dec 2025
Cash and equivalents¥6.27B¥20B¥10.1B
Total assets¥20.1B¥34.8B¥63B
Net assets¥6.37B¥23.1B¥26B
Share capital¥220M¥220M¥220M
Property, plant and equipment¥2.04B¥2.73B¥6.01B
Intangible assets excluding goodwill¥571M¥702M¥24.9B
Goodwill——¥23.9B
Current assets¥14.4B¥27.9B¥25.1B
Current liabilities¥9.7B¥11.4B¥34.6B
Short-term borrowings¥2.9B¥2.9B¥18B
Long-term borrowings¥3.64B——
Total liabilities¥13.7B¥11.8B¥37B
Equity attributable to owners of parent¥6.26B¥22.9B¥25.8B
Retained earnings¥9.86B¥12.5B¥15.4B
Treasury stock-¥3.98B——

Sources

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

    有価証券報告書-第33期(2025/01/01-2025/12/31)

    ID S100XT2Q2026-03-24Open
  • EDINET (FSA Japan)

    有価証券報告書-第32期(2024/01/01-2024/12/31)

    ID S100VGNS2025-03-27Open

Extracted from XBRL: 46 / Derived from other figures: 1

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