Iriso ElectronicsIRISO ELECTRONICS CO., LTD.6908東証プライム電気機器FY ending Mar 2025, consolidated, J-GAAP

Iriso Electronics revenue and profit

Out of every ¥100 of sales, about ¥9 is left as operating profit. Revenue changed +1.9% from the prior year, operating profit -10.6%.

Five-year trend

Revenue¥56.3B
FY ending Mar 2021: ¥36.5B¥36.5BFY ending Mar 2022: ¥43.9B¥43.9BFY ending Mar 2023: ¥52.9B¥52.9BFY ending Mar 2024: ¥55.3B¥55.3BFY ending Mar 2025: ¥56.3B¥56.3BFY21FY22FY23FY24FY25
Operating income¥5.31B
FY ending Mar 2021: ¥2.9B¥2.9BFY ending Mar 2022: ¥4.52B¥4.52BFY ending Mar 2023: ¥6.94B¥6.94BFY ending Mar 2024: ¥5.94B¥5.94BFY ending Mar 2025: ¥5.31B¥5.31BFY21FY22FY23FY24FY25
Operating margin9.4%
FY ending Mar 2021: 7.9%7.9%FY ending Mar 2022: 10.3%10.3%FY ending Mar 2023: 13.1%13.1%FY ending Mar 2024: 10.7%10.7%FY ending Mar 2025: 9.4%9.4%FY21FY22FY23FY24FY25

What drives ROE

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

Net margin4.7%
Asset turnover0.60×
ROA2.8%
ROA2.8%
Financial leverage1.57×
ROE4.4%

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

Net margin4.7%
2021: 5.9%5.9%2022: 8.9%8.9%2023: 10.5%10.5%2024: 10.1%10.1%2025: 4.7%4.7%2122232425
Asset turnover0.60×
2021: 0.57×0.57×2022: 0.64×0.64×2023: 0.68×0.68×2024: 0.62×0.62×2025: 0.60×0.60×2122232425
ROA2.8%
2021: 3.3%3.3%2022: 5.7%5.7%2023: 7.1%7.1%2024: 6.2%6.2%2025: 2.8%2.8%2122232425
Financial leverage1.57×
2021: 1.23×1.23×2022: 1.28×1.28×2023: 1.37×1.37×2024: 1.48×1.48×2025: 1.57×1.57×2122232425
ROE4.4%
2021: 4.1%4.1%2022: 7.3%7.3%2023: 9.8%9.8%2024: 9.2%9.2%2025: 4.4%4.4%2122232425
PeriodNet marginAsset turnoverROAFinancial leverageROE
20215.9%0.57×3.3%1.23×4.1%
20228.9%0.64×5.7%1.28×7.3%
202310.5%0.68×7.1%1.37×9.8%
202410.1%0.62×6.2%1.48×9.2%
20254.7%0.60×2.8%1.57×4.4%

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 ÷ revenue60.4%
2020: 66.2%66.2%2021: 72.6%72.6%2022: 67.0%67.0%2023: 60.7%60.7%2024: 63.9%63.9%2025: 60.4%60.4%202122232425
PPE ÷ total assets37.2%
2020: 43.2%43.2%2021: 41.5%41.5%2022: 40.2%40.2%2023: 38.9%38.9%2024: 36.5%36.5%2025: 37.2%37.2%202122232425
Goodwill ÷ parent equity0.1%
2023: 0.2%0.2%2024: 0.1%0.1%2025: 0.1%0.1%202122232425
Goodwill balance¥60M
2023: ¥121M¥121M2024: ¥91M¥91M2025: ¥60M¥60M202122232425

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¥1.48B
2020: ¥1.4B¥1.4B2021: ¥1.21B¥1.21B2022: ¥1.24B¥1.24B2023: ¥1.23B¥1.23B2024: ¥1.34B¥1.34B2025: ¥1.48B¥1.48B202122232425
R&D / revenue2.6%
2020: 3.5%3.5%2021: 3.3%3.3%2022: 2.8%2.8%2023: 2.3%2.3%2024: 2.4%2.4%2025: 2.6%2.6%202122232425
Receivable days—
2020: 93d93d2021: 112d112d202122232425
Payable days45d
2020: 44d44d2021: 53d53d2022: 56d56d2023: 45d45d2024: 52d52d2025: 45d45d202122232425

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 Mar 2021FY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025
Revenue36,52043,86352,90355,27156,332
Cost of revenue25,31729,52035,57838,13338,391
Gross profit11,20214,34317,32517,13717,940
SG&A8,3029,82210,38411,20012,633
Operating income2,9004,5206,9405,9365,307
Pretax income2,7884,5707,0346,8693,217
Income tax6026181,3611,133807
Net income attributable to owners2,1413,9135,5415,5932,662
Operating margin7.9%10.3%13.1%10.7%9.4%

Balance sheet (reported items)

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

Assets

Cash 27%
Property, plant and equipment 37%
3%
0%
Other assets 33%

Funding

5%
Other liabilities 17%
Equity 78%
0%

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

ItemFY ending Mar 2021FY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025
Cash and equivalents¥14.3B¥14.1B¥18.6B¥26.7B¥24.3B
Total assets¥63.9B¥73.2B¥82.5B¥96.9B¥91.4B
Net assets¥54.7B¥61.8B¥68B¥77B¥71.2B
Share capital¥5.64B¥5.64B¥5.64B¥5.64B¥5.64B
Trade receivables¥11.2B————
Property, plant and equipment¥26.5B¥29.4B¥32.1B¥35.3B¥34B
Intangible assets excluding goodwill¥333M¥1.03B¥2.39B¥3.47B¥2.8B
Goodwill——¥121M¥91M¥60M
Investment securities¥632M¥617M¥130M¥239M¥276M
Current assets¥35.2B¥40.4B¥46.2B¥56.1B¥52.2B
Current liabilities¥7.96B¥9.89B¥11.3B¥13.4B¥14.2B
Trade payables¥3.67B¥4.5B¥4.36B¥5.47B¥4.69B
Short-term borrowings¥389M¥410M¥731M¥1.26B¥4B
Long-term borrowings——¥1.48B¥4.72B¥4.43B
Total liabilities¥9.21B¥11.4B¥14.5B¥19.8B¥20.2B
Non-controlling interests¥382M¥439M¥600M¥783M¥575M
Equity attributable to owners of parent¥52.2B¥54.7B¥58.8B¥62.5B¥57.4B
Retained earnings¥38.8B¥41.5B¥45.6B¥49.3B¥49.8B
Treasury stock-¥994M-¥1.19B-¥1.18B-¥1.17B-¥6.1B

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    有価証券報告書-第59期(2024/04/01-2025/03/31)

    ID S100W0W02025-06-23Open
  • EDINET (FSA Japan)

    有価証券報告書-第58期(2023/04/01-2024/03/31)

    ID S100TTSR2024-06-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第57期(2022/04/01-2023/03/31)

    ID S100R64W2023-06-28Open
  • EDINET (FSA Japan)

    有価証券報告書-第56期(令和3年4月1日-令和4年3月31日)

    ID S100OBG12022-06-22Open
  • EDINET (FSA Japan)

    有価証券報告書-第55期(令和2年4月1日-令和3年3月31日)

    ID S100LMVK2021-06-23Open
  • EDINET (FSA Japan)

    有価証券報告書-第54期(平成31年4月1日-令和2年3月31日)

    ID S100IXJ42020-06-26Open

Extracted from XBRL: 54 / Derived from other figures: 1

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