KanemiKanemi Co.,Ltd.2669東証スタンダード小売業FY ending Feb 2026, non-consolidated, J-GAAP

Kanemi revenue and profit

Out of every ¥100 of sales, about ¥3 is left as operating profit. Revenue changed -4.2% from the prior year, operating profit -10.4%.

Five-year trend

Revenue¥86.7B
FY ending Feb 2022: ¥77.6B¥77.6BFY ending Feb 2023: ¥81.1B¥81.1BFY ending Feb 2024: ¥87.1B¥87.1BFY ending Feb 2025: ¥90.5B¥90.5BFY ending Feb 2026: ¥86.7B¥86.7BFY22FY23FY24FY25FY26
Operating income¥2.76B
FY ending Feb 2022: ¥1.94B¥1.94BFY ending Feb 2023: ¥2.69B¥2.69BFY ending Feb 2024: ¥3.16B¥3.16BFY ending Feb 2025: ¥3.08B¥3.08BFY ending Feb 2026: ¥2.76B¥2.76BFY22FY23FY24FY25FY26
Operating margin3.2%
FY ending Feb 2022: 2.5%2.5%FY ending Feb 2023: 3.3%3.3%FY ending Feb 2024: 3.6%3.6%FY ending Feb 2025: 3.4%3.4%FY ending Feb 2026: 3.2%3.2%FY22FY23FY24FY25FY26

What drives ROE

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

Net margin2.1%
Asset turnover2.29×
ROA4.8%
ROA4.8%
Financial leverage1.30×
ROE6.2%

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

Net margin2.1%
2022: 1.7%1.7%2023: 2.1%2.1%2024: 2.1%2.1%2025: 2.2%2.2%2026: 2.1%2.1%2223242526
Asset turnover2.29×
2022: 2.44×2.44×2023: 2.49×2.49×2024: 2.51×2.51×2025: 2.47×2.47×2026: 2.29×2.29×2223242526
ROA4.8%
2022: 4.2%4.2%2023: 5.3%5.3%2024: 5.3%5.3%2025: 5.3%5.3%2026: 4.8%4.8%2223242526
Financial leverage1.30×
2022: 1.31×1.31×2023: 1.31×1.31×2024: 1.31×1.31×2025: 1.31×1.31×2026: 1.30×1.30×2223242526
ROE6.2%
2022: 5.5%5.5%2023: 6.9%6.9%2024: 7.0%7.0%2025: 7.0%7.0%2026: 6.2%6.2%2223242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
20221.7%2.44×4.2%1.31×5.5%
20232.1%2.49×5.3%1.31×6.9%
20242.1%2.51×5.3%1.31×7.0%
20252.2%2.47×5.3%1.31×7.0%
20262.1%2.29×4.8%1.30×6.2%

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 ÷ revenue13.1%
2021: 13.2%13.2%2022: 12.1%12.1%2023: 11.0%11.0%2024: 10.4%10.4%2025: 11.1%11.1%2026: 13.1%13.1%212223242526
PPE ÷ total assets29.6%
2021: 33.0%33.0%2022: 29.6%29.6%2023: 26.7%26.7%2024: 25.3%25.3%2025: 26.9%26.9%2026: 29.6%29.6%212223242526

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 Feb 2022FY ending Feb 2023FY ending Feb 2024FY ending Feb 2025FY ending Feb 2026
Revenue77,63081,05987,10890,48186,654
Cost of revenue65,49167,69472,18374,81671,564
Gross profit12,13913,36514,92415,66515,090
SG&A10,19710,67911,76212,58812,332
Operating income1,9422,6863,1623,0782,757
Pretax income1,9262,5942,8842,7312,829
Income tax6068731,0297831,021
Net income attributable to owners1,3201,7201,8551,9481,808
Operating margin2.5%3.3%3.6%3.4%3.2%

Balance sheet (reported items)

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

Assets

Cash 41%
Property, plant and equipment 30%
0%
2%
Other assets 27%

Funding

Other liabilities 22%
Equity 78%
0%

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

ItemFY ending Feb 2022FY ending Feb 2023FY ending Feb 2024FY ending Feb 2025FY ending Feb 2026
Cash and equivalents¥15.1B¥17B¥18.4B¥18.9B¥15.8B
Total assets¥31.8B¥33.4B¥35.9B¥37.4B¥38.4B
Net assets¥24.4B¥25.9B¥27.5B¥29.1B¥29.9B
Share capital¥2B¥2B¥2B¥2B¥2B
Property, plant and equipment¥9.39B¥8.92B¥9.08B¥10.1B¥11.3B
Intangible assets excluding goodwill¥188.9M¥138M¥88.4M¥57.6M¥104.8M
Investment securities¥516M¥432.8M¥607.7M¥594.6M¥682.4M
Current assets¥20.7B¥22.9B¥25.1B¥25.4B¥24.8B
Current liabilities¥6.99B¥7.16B¥8.08B¥7.96B¥8.1B
Total liabilities¥7.31B¥7.49B¥8.43B¥8.32B¥8.47B
Equity attributable to owners of parent¥24.2B¥25.7B¥27.2B¥28.8B¥29.5B
Retained earnings¥21B¥22.5B¥24B¥25.6B¥27B
Treasury stock-¥1.01B-¥1.01B-¥1B-¥996.3M-¥1.7B

Sources

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

    有価証券報告書-第56期(2025/03/01-2026/02/28)

    ID S100Y5SJ2026-05-25Open
  • EDINET (FSA Japan)

    有価証券報告書-第55期(2024/03/01-2025/02/28)

    ID S100VTBQ2025-05-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第54期(2023/03/01-2024/02/29)

    ID S100THYE2024-05-27Open
  • EDINET (FSA Japan)

    有価証券報告書-第53期(2022/03/01-2023/02/28)

    ID S100QTLV2023-05-25Open
  • EDINET (FSA Japan)

    有価証券報告書-第52期(令和3年3月1日-令和4年2月28日)

    ID S100O3YP2022-05-25Open
  • EDINET (FSA Japan)

    有価証券報告書-第51期(令和2年3月1日-令和3年2月28日)

    ID S100LE7W2021-05-26Open

Extracted from XBRL: 46 / Derived from other figures: 1

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