Japan Power FasteningJAPAN POWER FASTENING CO.,LTD5950東証スタンダード金属製品FY ending Dec 2025, consolidated, J-GAAP

Japan Power Fastening revenue and profit

Operating profit was close to zero, a slight profit per ¥100 of sales. Revenue changed +0.5% from the prior year, and it swung back to an operating profit.

Five-year trend

Revenue¥5.06B
FY ending Dec 2021: ¥5.33B¥5.33BFY ending Dec 2022: ¥5.35B¥5.35BFY ending Dec 2023: ¥5.11B¥5.11BFY ending Dec 2024: ¥5.04B¥5.04BFY ending Dec 2025: ¥5.06B¥5.06BFY21FY22FY23FY24FY25
Operating income¥10.5M
FY ending Dec 2021: ¥93.2M¥93.2MFY ending Dec 2022: ¥85.4M¥85.4MFY ending Dec 2023: -¥125.3M-¥125.3MFY ending Dec 2024: -¥93.9M-¥93.9MFY ending Dec 2025: ¥10.5M¥10.5MFY21FY22FY23FY24FY25
Operating margin0.2%
FY ending Dec 2021: 1.7%1.7%FY ending Dec 2022: 1.6%1.6%FY ending Dec 2023: -2.5%-2.5%FY ending Dec 2024: -1.9%-1.9%FY ending Dec 2025: 0.2%0.2%FY21FY22FY23FY24FY25

What drives ROE

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

Net margin—
2021: 40.1%40.1%2022: 0.8%0.8%2024: 10.1%10.1%2122232425
Asset turnover—
2021: 0.66×0.66×2022: 0.67×0.67×2024: 0.76×0.76×2122232425
ROA-0.5%
2021: 26.5%26.5%2022: 0.5%0.5%2023: -1.4%-1.4%2024: 7.7%7.7%2025: -0.5%-0.5%2122232425
Financial leverage—
2021: 2.58×2.58×2022: 2.60×2.60×2024: 2.59×2.59×2122232425
ROE—
2021: 68.3%68.3%2022: 1.3%1.3%2024: 19.9%19.9%2122232425
PeriodNet marginAsset turnoverROAFinancial leverageROE
202140.1%0.66×26.5%2.58×68.3%
20220.8%0.67×0.5%2.60×1.3%
2023——×-1.4%—×—
202410.1%0.76×7.7%2.59×19.9%
2025——×-0.5%—×—

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 ÷ revenue18.2%
2020: 44.6%44.6%2021: 36.0%36.0%2022: 33.9%33.9%2023: 35.0%35.0%2024: 18.9%18.9%2025: 18.2%18.2%202122232425
PPE ÷ total assets16.4%
2020: 34.5%34.5%2021: 23.8%23.8%2022: 22.7%22.7%2023: 24.0%24.0%2024: 16.5%16.5%2025: 16.4%16.4%202122232425

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¥18.8M
2020: ¥39.4M¥39.4M2021: ¥28.6M¥28.6M2022: ¥22.8M¥22.8M2023: ¥18.3M¥18.3M2024: ¥19.5M¥19.5M2025: ¥18.8M¥18.8M202122232425
R&D / revenue0.4%
2020: 0.7%0.7%2021: 0.5%0.5%2022: 0.4%0.4%2023: 0.4%0.4%2024: 0.4%0.4%2025: 0.4%0.4%202122232425
Receivable days—
2020: 86d86d2021: 84d84d202122232425
Payable days39d
2020: 49d49d2021: 54d54d2022: 49d49d2023: 31d31d2024: 40d40d2025: 39d39d202122232425

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 2021FY ending Dec 2022FY ending Dec 2023FY ending Dec 2024FY ending Dec 2025
Revenue5,3315,3545,1085,0415,064
Cost of revenue3,9833,9824,0343,8673,852
Gross profit1,3481,3721,0741,1741,212
SG&A1,2551,2861,1991,2681,202
Operating income9385-125-9410
Pretax income2,15228-69523-20
Income tax14-12391914
Net income attributable to owners2,13840-108509-30
Operating margin1.7%1.6%-2.5%-1.9%0.2%

Balance sheet (reported items)

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

Assets

Cash 25%
Property, plant and equipment 16%
1%
6%
Other assets 52%

Funding

7%
Interest-bearing debt 34%
Other liabilities 18%
Equity 41%

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

ItemFY ending Dec 2021FY ending Dec 2022FY ending Dec 2023FY ending Dec 2024FY ending Dec 2025
Cash and equivalents¥2.22B¥1.46B¥2.12B¥1.62B¥1.38B
Total assets¥8.08B¥8B¥7.46B¥5.79B¥5.62B
Net assets¥3.26B¥3.46B¥3.37B¥2.3B¥2.32B
Share capital¥100M¥100M¥100M¥100M¥100M
Trade receivables¥1.22B————
Property, plant and equipment¥1.92B¥1.81B¥1.79B¥954.7M¥920.9M
Intangible assets excluding goodwill¥124.7M¥120.4M¥95.9M¥75.5M¥61.7M
Investment securities¥94.2M¥118M¥221.9M¥176.8M¥323.7M
Current assets¥5.84B¥5.81B¥5.25B¥4.48B¥4.22B
Current liabilities¥3.43B¥3.2B¥3.44B¥2.94B¥2.86B
Trade payables¥592M¥532.3M¥347.1M¥427.4M¥408.3M
Short-term borrowings¥1.24B¥1.32B¥1.43B¥1.43B¥1.5B
Long-term borrowings¥717.4M¥620.2M¥527.6M¥430.4M¥332.2M
Bonds—¥86M¥72M¥58M¥44M
Interest-bearing debt—¥2.03Bderived¥2.03Bderived¥1.92Bderived¥1.88Bderived
Total liabilities¥4.82B¥4.54B¥4.09B¥3.48B¥3.3B
Non-controlling interests———¥19.9M¥16.2M
Equity attributable to owners of parent¥3.13B¥3.05B¥2.9B¥2.21B¥2.11B
Retained earnings¥451.1M¥366.5M¥218.3M¥649.2M¥547.6M
Treasury stock-¥448.5M-¥448.5M-¥448.5M-¥1.25B-¥1.25B

Sources

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

    有価証券報告書-第63期(2025/01/01-2025/12/31)

    ID S100XS9S2026-03-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第62期(2024/01/01-2024/12/31)

    ID S100VIRL2025-03-31Open
  • EDINET (FSA Japan)

    有価証券報告書-第61期(2023/01/01-2023/12/31)

    ID S100T5ZK2024-03-29Open
  • EDINET (FSA Japan)

    有価証券報告書-第60期(2022/01/01-2022/12/31)

    ID S100QIAD2023-03-31Open
  • EDINET (FSA Japan)

    有価証券報告書-第59期(令和3年1月1日-令和3年12月31日)

    ID S100NSSQ2022-03-31Open
  • EDINET (FSA Japan)

    有価証券報告書-第58期(令和2年1月1日-令和2年12月31日)

    ID S100L1FJ2021-03-31Open

Extracted from XBRL: 51 / Derived from other figures: 2

Spotted an error? Report it (corrections keep the original record)

Analyze this page with AI

Markdown with figures, units, periods and sources, ready to paste into ChatGPT or Claude.