JorudanJorudan Co.,Ltd.3710東証スタンダード情報・通信業FY ending Sep 2025, consolidated, J-GAAP

Jorudan revenue and profit

Out of every ¥100 of sales, about ¥2 is left as operating profit. Revenue changed -3.2% from the prior year, and it swung back to an operating profit.

Five-year trend

Revenue¥2.83B
FY ending Sep 2021: ¥2.61B¥2.61BFY ending Sep 2022: ¥2.65B¥2.65BFY ending Sep 2023: ¥3B¥3BFY ending Sep 2024: ¥2.93B¥2.93BFY ending Sep 2025: ¥2.83B¥2.83BFY21FY22FY23FY24FY25
Operating income¥45.7M
FY ending Sep 2021: ¥88.5M¥88.5MFY ending Sep 2022: -¥35.5M-¥35.5MFY ending Sep 2023: ¥131K¥131KFY ending Sep 2024: -¥189.7M-¥189.7MFY ending Sep 2025: ¥45.7M¥45.7MFY21FY22FY23FY24FY25
Operating margin1.6%
FY ending Sep 2021: 3.4%3.4%FY ending Sep 2022: -1.3%-1.3%FY ending Sep 2023: 0.0%0.0%FY ending Sep 2024: -6.5%-6.5%FY ending Sep 2025: 1.6%1.6%FY21FY22FY23FY24FY25

What drives ROE

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

Net margin9.2%
Asset turnover0.52×
ROA4.8%
ROA4.8%
Financial leverage1.21×
ROE5.9%

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

Net margin9.2%
2021: 1.9%1.9%2022: 2.5%2.5%2025: 9.2%9.2%2122232425
Asset turnover0.52×
2021: 0.46×0.46×2022: 0.46×0.46×2025: 0.52×0.52×2122232425
ROA4.8%
2021: 0.9%0.9%2022: 1.1%1.1%2023: -3.4%-3.4%2024: -2.2%-2.2%2025: 4.8%4.8%2122232425
Financial leverage1.21×
2021: 1.16×1.16×2022: 1.18×1.18×2025: 1.21×1.21×2122232425
ROE5.9%
2021: 1.0%1.0%2022: 1.3%1.3%2025: 5.9%5.9%2122232425
PeriodNet marginAsset turnoverROAFinancial leverageROE
20211.9%0.46×0.9%1.16×1.0%
20222.5%0.46×1.1%1.18×1.3%
2023——×-3.4%—×—
2024——×-2.2%—×—
20259.2%0.52×4.8%1.21×5.9%

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 ÷ revenue25.7%
2020: 5.5%5.5%2021: 19.6%19.6%2022: 20.0%20.0%2023: 25.4%25.4%2024: 27.8%27.8%2025: 25.7%25.7%202122232425
PPE ÷ total assets13.2%
2020: 3.5%3.5%2021: 9.1%9.1%2022: 9.1%9.1%2023: 13.4%13.4%2024: 15.4%15.4%2025: 13.2%13.2%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¥127.7M
2020: ¥65.9M¥65.9M2021: ¥71.1M¥71.1M2022: ¥116.7M¥116.7M2023: ¥97.4M¥97.4M2024: ¥101.8M¥101.8M2025: ¥127.7M¥127.7M202122232425
R&D / revenue4.5%
2020: 1.9%1.9%2021: 2.7%2.7%2022: 4.4%4.4%2023: 3.2%3.2%2024: 3.5%3.5%2025: 4.5%4.5%202122232425
Receivable days—
2020: 50d50d2021: 78d78d202122232425
Payable days—
2020: 28d28d2021: 39d39d2022: 43d43d2023: 53d53d202122232425

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 Sep 2021FY ending Sep 2022FY ending Sep 2023FY ending Sep 2024FY ending Sep 2025
Revenue2,6102,6523,0052,9282,834
Cost of revenue1,3221,3931,6831,7491,576
Gross profit1,2881,2591,3221,1801,259
SG&A1,1991,2941,3221,3691,213
Operating income89-350-19046
Pretax income115141-138-54310
Income tax6989596547
Net income attributable to owners4965-196-119262
Operating margin3.4%-1.3%0.0%-6.5%1.6%

Balance sheet (reported items)

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

Assets

Cash 59%
Property, plant and equipment 13%
2%
7%
Other assets 19%

Funding

Other liabilities 16%
Equity 84%
0%

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

ItemFY ending Sep 2021FY ending Sep 2022FY ending Sep 2023FY ending Sep 2024FY ending Sep 2025
Cash and equivalents¥3.61B¥3.6B¥3.27B¥2.97B¥3.22B
Total assets¥5.62B¥5.82B¥5.7B¥5.3B¥5.5B
Net assets¥4.93B¥4.97B¥4.66B¥4.42B¥4.6B
Share capital¥277.4M¥277.4M¥277.4M¥277.4M¥277.4M
Trade receivables¥556.6M————
Property, plant and equipment¥510.9M¥530.6M¥762.5M¥813.4M¥727.5M
Intangible assets excluding goodwill¥148.3M¥132.6M¥116.8M¥97.9M¥101.3M
Investment securities¥251M¥434.5M¥422.9M¥402.3M¥407.7M
Current assets¥4.37B¥4.46B¥4.13B¥3.78B¥4.04B
Current liabilities¥648.4M¥830.2M¥992.9M¥849.6M¥896.6M
Trade payables¥140.4M¥164.6M¥242.8M——
Long-term borrowings¥30M¥20M¥32.7M——
Total liabilities¥680.9M¥852.6M¥1.04B¥873.7M¥899.6M
Non-controlling interests¥49.8M¥36.6M¥28.6M¥18.4M¥19.6M
Equity attributable to owners of parent¥4.85B¥4.85B¥4.57B¥4.35B¥4.58B
Retained earnings¥4.15B¥4.19B¥3.96B¥3.81B¥4.04B
Treasury stock-¥91.6M-¥121.5M-¥121.5M-¥121.5M-¥121.5M

Sources

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

    有価証券報告書-第46期(2024/10/01-2025/09/30)

    ID S100XDG92025-12-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第45期(2023/10/01-2024/09/30)

    ID S100V1742024-12-27Open
  • EDINET (FSA Japan)

    有価証券報告書-第44期(2022/10/01-2023/09/30)

    ID S100SJZ82023-12-28Open
  • EDINET (FSA Japan)

    有価証券報告書-第43期(令和3年10月1日-令和4年9月30日)

    ID S100PW402022-12-28Open
  • EDINET (FSA Japan)

    有価証券報告書-第42期(令和2年10月1日-令和3年9月30日)

    ID S100N54C2021-12-28Open
  • EDINET (FSA Japan)

    有価証券報告書-第41期(令和1年10月1日-令和2年9月30日)

    ID S100KG902020-12-28Open

Extracted from XBRL: 49 / Derived from other figures: 1

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