Japan EngineJapan Engine Corporation6016東証スタンダード輸送用機器FY ending Mar 2026, non-consolidated, J-GAAP

Japan Engine revenue and profit

Out of every ¥100 of sales, about ¥18 is left as operating profit. Revenue changed +2.9% from the prior year, operating profit +7.2%.

Five-year trend

Revenue¥29.7B
FY ending Mar 2022: ¥13.2B¥13.2BFY ending Mar 2023: ¥15.2B¥15.2BFY ending Mar 2024: ¥21B¥21BFY ending Mar 2025: ¥28.9B¥28.9BFY ending Mar 2026: ¥29.7B¥29.7BFY22FY23FY24FY25FY26
Operating income¥5.46B
FY ending Mar 2022: ¥565.5M¥565.5MFY ending Mar 2023: ¥442.1M¥442.1MFY ending Mar 2024: ¥2.19B¥2.19BFY ending Mar 2025: ¥5.09B¥5.09BFY ending Mar 2026: ¥5.46B¥5.46BFY22FY23FY24FY25FY26
Operating margin18.4%
FY ending Mar 2022: 4.3%4.3%FY ending Mar 2023: 2.9%2.9%FY ending Mar 2024: 10.4%10.4%FY ending Mar 2025: 17.6%17.6%FY ending Mar 2026: 18.4%18.4%FY22FY23FY24FY25FY26

What drives ROE

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

Net margin16.0%
Asset turnover0.92×
ROA14.7%
ROA14.7%
Financial leverage2.08×
ROE30.5%

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

Net margin16.0%
2022: 4.2%4.2%2023: 5.3%5.3%2024: 12.2%12.2%2025: 15.0%15.0%2026: 16.0%16.0%2223242526
Asset turnover0.92×
2022: 0.75×0.75×2023: 0.81×0.81×2024: 0.92×0.92×2025: 1.00×1.00×2026: 0.92×0.92×2223242526
ROA14.7%
2022: 3.1%3.1%2023: 4.3%4.3%2024: 11.2%11.2%2025: 14.9%14.9%2026: 14.7%14.7%2223242526
Financial leverage2.08×
2022: 2.66×2.66×2023: 2.73×2.73×2024: 2.67×2.67×2025: 2.49×2.49×2026: 2.08×2.08×2223242526
ROE30.5%
2022: 8.4%8.4%2023: 11.7%11.7%2024: 30.0%30.0%2025: 37.2%37.2%2026: 30.5%30.5%2223242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
20224.2%0.75×3.1%2.66×8.4%
20235.3%0.81×4.3%2.73×11.7%
202412.2%0.92×11.2%2.67×30.0%
202515.0%1.00×14.9%2.49×37.2%
202616.0%0.92×14.7%2.08×30.5%

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 ÷ revenue28.1%
2022: 24.4%24.4%2023: 26.5%26.5%2024: 18.9%18.9%2025: 29.6%29.6%2026: 28.1%28.1%2223242526
PPE ÷ total assets26.1%
2022: 18.4%18.4%2023: 19.8%19.8%2024: 15.8%15.8%2025: 25.9%25.9%2026: 26.1%26.1%2223242526

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¥1.81B
2022: ¥594.4M¥594.4M2023: ¥556.7M¥556.7M2024: ¥1.78B¥1.78B2025: ¥1.01B¥1.01B2026: ¥1.81B¥1.81B2223242526
R&D / revenue6.1%
2022: 4.5%4.5%2023: 3.7%3.7%2024: 8.5%8.5%2025: 3.5%3.5%2026: 6.1%6.1%2223242526

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 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Revenue13,15815,24920,97028,86329,707
Cost of revenue10,30912,56415,05220,63619,960
Gross profit2,8492,6855,9188,2279,747
SG&A2,2832,2433,7293,1364,289
Operating income5654422,1895,0915,458
Pretax income5997043,3675,4586,420
Income tax59-1048191,1321,661
Net income attributable to owners5488092,5484,3264,758
Operating margin4.3%2.9%10.4%17.6%18.4%

Balance sheet (reported items)

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

Assets

Cash 17%
Property, plant and equipment 26%
1%
5%
Other assets 51%

Funding

Other liabilities 42%
Equity 58%

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

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Cash and equivalents¥4.09B¥4.26B¥4.28B¥7.41B¥5.43B
Total assets¥17.4B¥20.4B¥25B¥33B¥32B
Net assets¥6.55B¥7.34B¥9.75B¥13.9B¥18.4B
Share capital¥2.21B¥2.21B¥2.21B¥2.21B¥2.21B
Property, plant and equipment¥3.21B¥4.05B¥3.96B¥8.55B¥8.34B
Intangible assets excluding goodwill¥143.1M¥96.8M¥143.9M¥164.6M¥173.4M
Investment securities¥142.8M¥157M¥179.8M¥810.5M¥1.54B
Current assets¥13.4B¥15.2B¥20.2B¥22.8B¥21.4B
Current liabilities¥8.64B¥10.4B¥12.1B¥15.1B¥10.7B
Long-term borrowings¥1.55B¥1.97B¥2.56B¥3.58B¥2.36B
Total liabilities¥10.9B¥13.1B¥15.3B¥19.1B¥13.6B
Equity attributable to owners of parent¥6.56B¥7.3B¥9.69B¥13.6B¥17.7B
Retained earnings¥2.64B¥3.38B¥5.77B¥9.65B¥13.8B
Treasury stock-¥8.1M-¥8.2M-¥10.1M-¥10.9M-¥12M

Sources

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

    有価証券報告書-第129期(2025/04/01-2026/03/31)

    ID S100YH5Z2026-06-23Open
  • EDINET (FSA Japan)

    有価証券報告書-第128期(2024/04/01-2025/03/31)

    ID S100W2S02025-06-24Open
  • EDINET (FSA Japan)

    有価証券報告書-第127期(2023/04/01-2024/03/31)

    ID S100TWXD2024-06-28Open
  • EDINET (FSA Japan)

    有価証券報告書-第126期(2022/04/01-2023/03/31)

    ID S100RAB92023-06-30Open
  • EDINET (FSA Japan)

    有価証券報告書-第125期(令和3年4月1日-令和4年3月31日)

    ID S100OLKH2022-06-30Open
  • EDINET (FSA Japan)

    有価証券報告書-第124期(令和2年4月1日-令和3年3月31日)

    ID S100LQNW2021-06-25Open

Extracted from XBRL: 48 / Derived from other figures: 1

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