J.E.T.J.E.T.Co.,LTD.6228東証スタンダード機械FY ending Dec 2025, consolidated, J-GAAP

J.E.T. revenue and profit

It lost about ¥10 for every ¥100 of sales at the operating level. Revenue changed -24.1% from the prior year, operating profit -237.4%.

Five-year trend

Revenue¥14.7B
FY ending Dec 2022: ¥23.1B¥23.1BFY ending Dec 2023: ¥25B¥25BFY ending Dec 2024: ¥19.3B¥19.3BFY ending Dec 2025: ¥14.7B¥14.7BFY22FY23FY24FY25
Operating income-¥1.49B
FY ending Dec 2022: ¥2.08B¥2.08BFY ending Dec 2023: ¥2.61B¥2.61BFY ending Dec 2024: ¥1.09B¥1.09BFY ending Dec 2025: -¥1.49B-¥1.49BFY22FY23FY24FY25
Operating margin-10.2%
FY ending Dec 2022: 9.0%9.0%FY ending Dec 2023: 10.5%10.5%FY ending Dec 2024: 5.6%5.6%FY ending Dec 2025: -10.2%-10.2%FY22FY23FY24FY25

What drives ROE

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

Net margin—
2022: 5.2%5.2%2023: 6.6%6.6%2024: 2.8%2.8%22232425
Asset turnover—
2022: 0.82×0.82×2023: 0.88×0.88×2024: 0.70×0.70×22232425
ROA-10.3%
2022: 4.2%4.2%2023: 5.8%5.8%2024: 2.0%2.0%2025: -10.3%-10.3%22232425
Financial leverage—
2022: 3.53×3.53×2023: 2.83×2.83×2024: 2.37×2.37×22232425
ROE—
2022: 14.9%14.9%2023: 16.4%16.4%2024: 4.7%4.7%22232425
PeriodNet marginAsset turnoverROAFinancial leverageROE
20225.2%0.82×4.2%3.53×14.9%
20236.6%0.88×5.8%2.83×16.4%
20242.8%0.70×2.0%2.37×4.7%
2025——×-10.3%—×—

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 ÷ revenue7.9%
2022: 4.9%4.9%2024: 4.3%4.3%2025: 7.9%7.9%22232425
PPE ÷ total assets5.9%
2022: 4.0%4.0%2024: 3.2%3.2%2025: 5.9%5.9%22232425

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¥554M
2024: ¥629M¥629M2025: ¥554M¥554M22232425
R&D / revenue3.8%
2024: 3.3%3.3%2025: 3.8%3.8%22232425
Payable days14d
2022: 42d42d2024: 17d17d2025: 14d14d22232425

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 Dec 2022FY ending Dec 2023FY ending Dec 2024FY ending Dec 2025
Revenue23,11524,98419,31614,662
Cost of revenue18,22119,44915,27913,378
Gross profit4,8945,5354,0361,283
SG&A2,8152,9212,9492,776
Operating income2,0792,6131,087-1,493
Pretax income1,6632,444868-1,575
Income tax465793327760
Net income attributable to owners1,1971,651540-2,336
Operating margin9.0%10.5%5.6%-10.2%

Balance sheet (reported items)

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

Assets

Cash 10%
6%
1%
Other assets 83%

Funding

3%
Other liabilities 47%
Equity 50%

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

ItemFY ending Dec 2022FY ending Dec 2023FY ending Dec 2024FY ending Dec 2025
Cash and equivalents¥4.11B¥2.74B¥2.12B¥2.01B
Total assets¥28.3B¥28.8B¥26B¥19.5B
Net assets¥8.34B¥11.8B¥12.1B¥9.72B
Share capital¥571M¥1.85B¥1.85B¥1.85B
Property, plant and equipment¥1.14B—¥831M¥1.15B
Intangible assets excluding goodwill¥75.1M—¥101M¥102M
Current assets¥26.4B—¥24.4B¥18.1B
Current liabilities¥14.4B—¥9.48B¥5.57B
Trade payables¥2.1B—¥693M¥512M
Short-term borrowings¥3.15B—¥2.75B¥500M
Long-term borrowings¥5.44B—¥4.34B¥3.97B
Total liabilities¥20B—¥13.9B¥9.79B
Non-controlling interests¥25K———
Equity attributable to owners of parent¥8.02B—¥11.5B¥9.13B
Retained earnings¥7.06B—¥7.98B¥5.56B
Treasury stock-¥170.8M—-¥162M-¥162M

Sources

Show source documents (3)
  • EDINET (FSA Japan)

    訂正有価証券報告書-第17期(2025/01/01-2025/12/31)

    ID S100YJGG2026-06-24Open
  • EDINET (FSA Japan)

    訂正有価証券報告書-第16期(2024/01/01-2024/12/31)

    ID S100VP322025-05-01Open
  • EDINET (FSA Japan)

    訂正有価証券報告書-第15期(2023/01/01-2023/12/31)

    ID S100U2Q52024-07-18Open

Extracted from XBRL: 45 / Derived from other figures: 1

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