Japan Eyewear Holdings5889東証プライム小売業FY ending Jan 2026, consolidated, IFRS

Japan Eyewear Holdings revenue and profit

Out of every ¥100 of sales, about ¥32 is left as operating profit. Revenue changed +11.8% from the prior year, operating profit +11.8%.

Five-year trend

Revenue¥18.6B
FY ending Jan 2022: ¥7.07B¥7.07BFY ending Jan 2023: ¥10.7B¥10.7BFY ending Jan 2024: ¥13.5B¥13.5BFY ending Jan 2025: ¥16.7B¥16.7BFY ending Jan 2026: ¥18.6B¥18.6BFY22FY23FY24FY25FY26
Operating income¥5.96B
FY ending Jan 2023: ¥2.23B¥2.23BFY ending Jan 2024: ¥3.7B¥3.7BFY ending Jan 2025: ¥5.33B¥5.33BFY ending Jan 2026: ¥5.96B¥5.96BFY22FY23FY24FY25FY26
Operating margin32.0%
FY ending Jan 2023: 20.8%20.8%FY ending Jan 2024: 27.4%27.4%FY ending Jan 2025: 32.0%32.0%FY ending Jan 2026: 32.0%32.0%FY22FY23FY24FY25FY26

What drives ROE

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

Net margin20.3%
Asset turnover0.47×
ROA9.6%
ROA9.6%
Financial leverage2.28×
ROE21.9%

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

Net margin20.3%
2022: 1.3%1.3%2023: 2.7%2.7%2024: 16.4%16.4%2025: 24.0%24.0%2026: 20.3%20.3%2223242526
Asset turnover0.47×
2022: 0.23×0.23×2023: 0.35×0.35×2024: 0.41×0.41×2025: 0.45×0.45×2026: 0.47×0.47×2223242526
ROA9.6%
2022: 0.3%0.3%2023: 0.9%0.9%2024: 6.7%6.7%2025: 10.9%10.9%2026: 9.6%9.6%2223242526
Financial leverage2.28×
2022: 3.65×3.65×2023: 6.62×6.62×2024: 3.67×3.67×2025: 2.48×2.48×2026: 2.28×2.28×2223242526
ROE21.9%
2022: 1.1%1.1%2023: 6.2%6.2%2024: 24.7%24.7%2025: 26.9%26.9%2026: 21.9%21.9%2223242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
20221.3%0.23×0.3%3.65×1.1%
20232.7%0.35×0.9%6.62×6.2%
202416.4%0.41×6.7%3.67×24.7%
202524.0%0.45×10.9%2.48×26.9%
202620.3%0.47×9.6%2.28×21.9%

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 ÷ revenue27.9%
2023: 19.4%19.4%2024: 19.6%19.6%2025: 28.6%28.6%2026: 27.9%27.9%2223242526
PPE ÷ total assets13.1%
2023: 6.7%6.7%2024: 7.6%7.6%2025: 12.3%12.3%2026: 13.1%13.1%2223242526
Goodwill ÷ parent equity78.8%
2023: 297.2%297.2%2024: 104.7%104.7%2025: 85.0%85.0%2026: 78.8%78.8%2223242526
Goodwill balance¥14.3B
2023: ¥13.9B¥13.9B2024: ¥13.9B¥13.9B2025: ¥13.9B¥13.9B2026: ¥14.3B¥14.3B2223242526

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 Jan 2022FY ending Jan 2023FY ending Jan 2024FY ending Jan 2025FY ending Jan 2026
Revenue7,07310,72213,52816,66618,640
Cost of revenue—2,5083,0423,5203,968
Gross profit—8,21310,48513,14514,672
SG&A—5,9976,6897,8258,725
Operating income—2,2263,7005,3285,957
Pretax income5151,3053,2954,9125,623
Income tax—7139329171,840
Net income attributable to owners902922,2173,9943,783
Operating margin—20.8%27.4%32.0%32.0%

Balance sheet (reported items)

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

Assets

8%
Property, plant and equipment 13%
Intangibles and goodwill 36%
Other assets 43%

Funding

Other liabilities 54%
Equity 46%
0%

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

ItemFY ending Jan 2022FY ending Jan 2023FY ending Jan 2024FY ending Jan 2025FY ending Jan 2026
Cash and equivalents¥2.2B¥2.21B¥4.43B¥3.93B¥3.05B
Total assets¥30.8B¥31.2B¥34.8B¥38.8B¥39.9B
Net assets¥8.44B¥9.08B¥13.3B¥16.4B¥18.2B
Share capital—¥10M¥900M¥943M¥949M
Property, plant and equipment—¥2.08B¥2.65B¥4.77B¥5.21B
Goodwill—¥13.9B¥13.9B¥13.9B¥14.3B
Current assets—¥4.58B¥7.24B¥7.44B¥7.34B
Total liabilities—¥22.1B¥21.5B¥22.4B¥21.7B
Equity attributable to owners of parent—¥4.68B¥13.3B¥16.4B¥18.2B
Retained earnings—-¥443M¥1.77B¥5.77B¥9.55B
Treasury stock————¥0

Sources

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

    有価証券報告書-第7期(2025/02/01-2026/01/31)

    ID S100Y0I22026-04-23Open
  • EDINET (FSA Japan)

    有価証券報告書-第6期(2024/02/01-2025/01/31)

    ID S100VOMS2025-04-28Open
  • EDINET (FSA Japan)

    訂正有価証券報告書-第5期(2023/02/01-2024/01/31)

    ID S100V7RR2025-02-10Open

Extracted from XBRL: 43 / Derived from other figures: 1

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