japan foundation engineeringjapan foundation engineering co.,ltd.1914東証スタンダード建設業FY ending Mar 2026, consolidated, J-GAAP

japan foundation engineering revenue and profit

Out of every ¥100 of sales, about ¥5 is left as operating profit. Revenue changed -9.7% from the prior year, operating profit -23.0%.

Five-year trend

Revenue¥27.4B
FY ending Mar 2022: ¥22.1B¥22.1BFY ending Mar 2023: ¥23.9B¥23.9BFY ending Mar 2024: ¥23.6B¥23.6BFY ending Mar 2025: ¥30.3B¥30.3BFY ending Mar 2026: ¥27.4B¥27.4BFY22FY23FY24FY25FY26
Operating income¥1.46B
FY ending Mar 2022: ¥751.5M¥751.5MFY ending Mar 2023: ¥778.9M¥778.9MFY ending Mar 2024: ¥1.01B¥1.01BFY ending Mar 2025: ¥1.89B¥1.89BFY ending Mar 2026: ¥1.46B¥1.46BFY22FY23FY24FY25FY26
Operating margin5.3%
FY ending Mar 2022: 3.4%3.4%FY ending Mar 2023: 3.3%3.3%FY ending Mar 2024: 4.3%4.3%FY ending Mar 2025: 6.2%6.2%FY ending Mar 2026: 5.3%5.3%FY22FY23FY24FY25FY26

What drives ROE

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

Net margin6.1%
Asset turnover0.78×
ROA4.7%
ROA4.7%
Financial leverage1.64×
ROE7.7%

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

Net margin6.1%
2022: 2.3%2.3%2023: 2.2%2.2%2024: 4.0%4.0%2025: 4.8%4.8%2026: 6.1%6.1%2223242526
Asset turnover0.78×
2022: 0.73×0.73×2023: 0.79×0.79×2024: 0.75×0.75×2025: 0.94×0.94×2026: 0.78×0.78×2223242526
ROA4.7%
2022: 1.7%1.7%2023: 1.7%1.7%2024: 3.0%3.0%2025: 4.5%4.5%2026: 4.7%4.7%2223242526
Financial leverage1.64×
2022: 1.47×1.47×2023: 1.50×1.50×2024: 1.56×1.56×2025: 1.55×1.55×2026: 1.64×1.64×2223242526
ROE7.7%
2022: 2.4%2.4%2023: 2.6%2.6%2024: 4.6%4.6%2025: 6.9%6.9%2026: 7.7%7.7%2223242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
20222.3%0.73×1.7%1.47×2.4%
20232.2%0.79×1.7%1.50×2.6%
20244.0%0.75×3.0%1.56×4.6%
20254.8%0.94×4.5%1.55×6.9%
20266.1%0.78×4.7%1.64×7.7%

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 ÷ revenue46.5%
2021: 49.4%49.4%2022: 51.5%51.5%2023: 47.4%47.4%2024: 49.1%49.1%2025: 41.4%41.4%2026: 46.5%46.5%212223242526
PPE ÷ total assets33.0%
2021: 36.6%36.6%2022: 37.8%37.8%2023: 37.5%37.5%2024: 35.2%35.2%2025: 39.4%39.4%2026: 33.0%33.0%212223242526

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¥100.6M
2021: ¥70.1M¥70.1M2022: ¥141M¥141M2023: ¥122.2M¥122.2M2024: ¥142.6M¥142.6M2025: ¥109.5M¥109.5M2026: ¥100.6M¥100.6M212223242526
R&D / revenue0.4%
2021: 0.3%0.3%2022: 0.6%0.6%2023: 0.5%0.5%2024: 0.6%0.6%2025: 0.4%0.4%2026: 0.4%0.4%212223242526

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
Revenue22,11123,90923,57530,28027,354
Cost of revenue18,69520,53719,64325,23322,714
Gross profit3,4163,3723,9325,0464,640
SG&A2,6652,5932,9203,1553,184
Operating income7517791,0121,8911,456
Pretax income1,0451,0121,3811,9242,241
Income tax546485448485582
Net income attributable to owners4985279331,4401,660
Operating margin3.4%3.3%4.3%6.2%5.3%

Balance sheet (reported items)

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

Assets

Cash 14%
Property, plant and equipment 33%
0%
Investment securities 19%
Other assets 34%

Funding

Other liabilities 36%
Equity 64%
0%

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¥5.95B¥5.75B¥5.63B¥4.04B¥5.24B
Total assets¥30.1B¥30.2B¥32.8B¥31.8B¥38.5B
Net assets¥21.1B¥20.6B¥21.9B¥23B¥24.7B
Share capital¥5.91B¥5.91B¥5.91B¥5.91B¥5.91B
Property, plant and equipment¥11.4B¥11.3B¥11.6B¥12.5B¥12.7B
Intangible assets excluding goodwill¥259.1M¥329.1M¥297.6M¥266M¥197.6M
Investment securities¥4.15B¥4.41B¥5.32B¥5.45B¥7.34B
Current assets¥13.8B¥13.7B¥14.7B¥12.6B¥17.2B
Current liabilities¥8.15B¥8.68B¥9.94B¥4.52B¥9.19B
Short-term borrowings¥2.5B¥3.1B¥3.1B—¥2.9B
Long-term borrowings———¥3.35B¥3.12B
Total liabilities¥8.98B¥9.61B¥10.9B¥8.83B¥13.8B
Equity attributable to owners of parent¥20.4B¥19.8B¥20.5B¥21.2B¥21.7B
Retained earnings¥13.3B¥12.9B¥13.5B¥14.7B¥15.8B
Treasury stock-¥4.33B-¥4.45B-¥4.44B-¥4.92B-¥5.58B

Sources

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

    有価証券報告書-第73期(2025/04/01-2026/03/31)

    ID S100YGM22026-06-22Open
  • EDINET (FSA Japan)

    有価証券報告書-第72期(2024/04/01-2025/03/31)

    ID S100W9NY2025-06-30Open
  • EDINET (FSA Japan)

    有価証券報告書-第71期(2023/04/01-2024/03/31)

    ID S100TY292024-06-28Open
  • EDINET (FSA Japan)

    有価証券報告書-第70期(2022/04/01-2023/03/31)

    ID S100RAYB2023-06-30Open
  • EDINET (FSA Japan)

    有価証券報告書-第69期(令和3年4月1日-令和4年3月31日)

    ID S100OM6M2022-06-30Open
  • EDINET (FSA Japan)

    有価証券報告書-第68期(令和2年4月1日-令和3年3月31日)

    ID S100LVJ22021-06-30Open

Extracted from XBRL: 50 / Derived from other figures: 1

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