JRCJRC CO.,LTD.6224東証グロース輸送用機器FY ending Feb 2026, consolidated, J-GAAP

JRC revenue and profit

Out of every ¥100 of sales, about ¥14 is left as operating profit. Revenue changed +24.2% from the prior year, operating profit +42.8%.

Five-year trend

Revenue¥13.7B
FY ending Feb 2023: ¥8.96B¥8.96BFY ending Feb 2024: ¥9.47B¥9.47BFY ending Feb 2025: ¥11.1B¥11.1BFY ending Feb 2026: ¥13.7B¥13.7BFY23FY24FY25FY26
Operating income¥1.96B
FY ending Feb 2023: ¥1.25B¥1.25BFY ending Feb 2024: ¥1.27B¥1.27BFY ending Feb 2025: ¥1.38B¥1.38BFY ending Feb 2026: ¥1.96B¥1.96BFY23FY24FY25FY26
Operating margin14.3%
FY ending Feb 2023: 14.0%14.0%FY ending Feb 2024: 13.4%13.4%FY ending Feb 2025: 12.4%12.4%FY ending Feb 2026: 14.3%14.3%FY23FY24FY25FY26

What drives ROE

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

Net margin10.4%
Asset turnover1.04×
ROA10.8%
ROA10.8%
Financial leverage2.57×
ROE27.7%

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

Net margin10.4%
2023: 9.3%9.3%2024: 8.9%8.9%2025: 9.7%9.7%2026: 10.4%10.4%23242526
Asset turnover1.04×
2023: 0.90×0.90×2024: 0.95×0.95×2025: 0.96×0.96×2026: 1.04×1.04×23242526
ROA10.8%
2023: 8.3%8.3%2024: 8.5%8.5%2025: 9.3%9.3%2026: 10.8%10.8%23242526
Financial leverage2.57×
2023: 2.91×2.91×2024: 2.80×2.80×2025: 2.81×2.81×2026: 2.57×2.57×23242526
ROE27.7%
2023: 24.2%24.2%2024: 23.7%23.7%2025: 26.2%26.2%2026: 27.7%27.7%23242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
20239.3%0.90×8.3%2.91×24.2%
20248.9%0.95×8.5%2.80×23.7%
20259.7%0.96×9.3%2.81×26.2%
202610.4%1.04×10.8%2.57×27.7%

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 ÷ revenue26.1%
2023: 34.3%34.3%2024: 31.4%31.4%2025: 32.1%32.1%2026: 26.1%26.1%23242526
PPE ÷ total assets27.0%
2023: 30.8%30.8%2024: 29.6%29.6%2025: 27.1%27.1%2026: 27.0%27.0%23242526
Goodwill ÷ parent equity9.0%
2024: 1.3%1.3%2025: 9.5%9.5%2026: 9.0%9.0%23242526
Goodwill balance¥521.7M
2024: ¥47.3M¥47.3M2025: ¥430.3M¥430.3M2026: ¥521.7M¥521.7M23242526

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¥1.6M
2024: ¥1.7M¥1.7M2025: ¥1.1M¥1.1M2026: ¥1.6M¥1.6M23242526
R&D / revenue0.0%
2024: 0.0%0.0%2025: 0.0%0.0%2026: 0.0%0.0%23242526
Payable days41d
2023: 97d97d2024: 96d96d2025: 76d76d2026: 41d41d23242526

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 Feb 2023FY ending Feb 2024FY ending Feb 2025FY ending Feb 2026
Revenue8,9619,47311,06513,747
Cost of revenue5,9386,2607,0668,868
Gross profit3,0233,2133,9994,879
SG&A1,7711,9422,6232,915
Operating income1,2521,2711,3761,964
Pretax income1,2701,3111,4541,956
Income tax439464376533
Net income attributable to owners8318471,0791,423
Operating margin14.0%13.4%12.4%14.3%

Balance sheet (reported items)

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

Assets

Cash 19%
Property, plant and equipment 27%
Intangibles and goodwill 10%
2%
Other assets 42%

Funding

7%
Other liabilities 49%
Equity 44%
0%

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

ItemFY ending Feb 2023FY ending Feb 2024FY ending Feb 2025FY ending Feb 2026
Cash and equivalents¥1.59B¥1.4B¥2.43B¥2.58B
Total assets¥9.96B¥10.1B¥13.1B¥13.3B
Net assets¥3.45B¥3.8B¥4.61B¥5.84B
Share capital¥80M¥131.4M¥131.4M¥182.7M
Property, plant and equipment¥3.07B¥2.97B¥3.55B¥3.59B
Intangible assets excluding goodwill¥50M¥151.7M¥798.6M¥860.3M
Goodwill—¥47.3M¥430.3M¥521.7M
Investment securities¥85.3M¥115.2M¥216.9M¥190.7M
Current assets¥5.94B¥6.33B¥7.46B¥8.08B
Current liabilities¥2.97B¥2.91B¥5.66B¥3.77B
Trade payables¥1.58B¥1.64B¥1.48B¥999M
Short-term borrowings—¥182.2M¥1.8B¥250M
Long-term borrowings¥3.3B¥3.01B¥2.36B¥3.35B
Total liabilities¥6.51B¥6.26B¥8.49B¥7.47B
Equity attributable to owners of parent¥3.43B¥3.72B¥4.52B¥5.77B
Retained earnings¥3.49B¥4.24B¥4.69B¥5.71B
Treasury stock-¥143M-¥698.5M-¥354.3M-¥231M

Sources

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

    有価証券報告書-第35期(2025/03/01-2026/02/28)

    ID S100Y6882026-05-27Open
  • EDINET (FSA Japan)

    有価証券報告書-第34期(2024/03/01-2025/02/28)

    ID S100VSRD2025-05-27Open
  • EDINET (FSA Japan)

    有価証券報告書-第33期(2023/03/01-2024/02/29)

    ID S100THY02024-05-28Open

Extracted from XBRL: 53 / Derived from other figures: 1

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