Kawai Musical Instruments ManufacturingKAWAI MUSICAL INSTRUMENTS MANUFACTURING CO.,LTD.7952東証プライムその他製品FY ending Mar 2026, consolidated, J-GAAP
Operating profit was close to zero, a slight profit per ¥100 of sales. Revenue changed -1.2% from the prior year, operating profit -64.2%.
Net margin × asset turnover = ROA; ROA × financial leverage = ROE
Denominators: average assets and average equity. Derived from reported values; ROE is shown only for positive profit and equity.
| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE |
|---|---|---|---|---|---|
| 2022 | 5.9% | 1.25× | 7.4% | 2.12× | 15.6% |
| 2023 | 4.2% | 1.26× | 5.3% | 2.06× | 10.9% |
| 2024 | 3.5% | 1.11× | 3.9% | 1.98× | 7.7% |
| 2025 | 0.6% | 0.99× | 0.5% | 1.98× | 1.1% |
| 2026 | 1.6% | 0.94× | 1.5% | 2.06× | 3.1% |
Financial leverage can raise ROE; a higher value alone does not describe a company's overall condition.
Annual trends in tangible-asset ratios and goodwill balance.
Ratios are derived from reported values. Goodwill is shown only when separately reported; it is not inferred from combined intangible assets. Definition
Track R&D investment and how long operating capital remains tied up before sales turn into cash.
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.
| Item | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
|---|---|---|---|---|---|
| Revenue | 85,703 | 87,771 | 80,192 | 72,918 | 72,049 |
| Cost of revenue | 62,220 | 64,956 | 59,481 | 54,621 | 53,307 |
| Gross profit | 23,482 | 22,815 | 20,711 | 18,296 | 18,742 |
| SG&A | 16,786 | 17,769 | 17,456 | 17,980 | 18,629 |
| Operating income | 6,696 | 5,045 | 3,255 | 316 | 113 |
| Pretax income | 7,314 | 5,612 | 4,221 | 349 | 1,614 |
| Income tax | 2,228 | 1,923 | 1,434 | -59 | 472 |
| Net income attributable to owners | 5,046 | 3,672 | 2,782 | 405 | 1,141 |
| Operating margin | 7.8% | 5.7% | 4.1% | 0.4% | 0.2% |
Year-end figures from filings. Unreported items are omitted. Interest-bearing debt excludes lease liabilities.
Each bar totals 100% of assets; other is the residual.
| Item | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
|---|---|---|---|---|---|
| Cash and equivalents | ¥21.5B | ¥18B | ¥17.1B | ¥12.5B | ¥10B |
| Total assets | ¥68.4B | ¥70.8B | ¥73.5B | ¥74B | ¥78.9B |
| Net assets | ¥33.6B | ¥38.5B | ¥43.1B | ¥44.5B | ¥46.7B |
| Share capital | ¥7.12B | ¥7.12B | ¥7.12B | ¥7.12B | ¥7.12B |
| Property, plant and equipment | ¥13.3B | ¥13.5B | ¥13.9B | ¥15B | ¥17.6B |
| Intangible assets excluding goodwill | ¥636M | ¥610M | ¥596M | ¥492M | ¥624M |
| Goodwill | — | — | — | — | ¥134M |
| Investment securities | ¥5.31B | ¥5.34B | ¥7.17B | ¥7.23B | ¥9.88B |
| Current assets | ¥46.4B | ¥48.7B | ¥49.7B | ¥48.5B | ¥48.3B |
| Current liabilities | ¥20.6B | ¥19.4B | ¥18.3B | ¥17.5B | ¥20.2B |
| Trade payables | ¥5.72B | ¥6.66B | ¥5.61B | ¥4.88B | ¥5.28B |
| Short-term borrowings | ¥5.89B | ¥5.22B | ¥5.2B | ¥5.56B | ¥7.63B |
| Long-term borrowings | ¥4.4B | ¥3.71B | ¥2.92B | ¥2.88B | ¥3.68B |
| Total liabilities | ¥34.8B | ¥32.4B | ¥30.4B | ¥29.4B | ¥32.1B |
| Non-controlling interests | ¥174M | ¥199M | ¥214M | — | — |
| Equity attributable to owners of parent | ¥32.3B | ¥35.3B | ¥37.4B | ¥37B | ¥37.3B |
| Retained earnings | ¥24.9B | ¥27.9B | ¥30B | ¥29.6B | ¥29.9B |
| Treasury stock | -¥964M | -¥989M | -¥985M | -¥976M | -¥967M |
EDINET (FSA Japan)
有価証券報告書－第99期(2025/04/01－2026/03/31)
EDINET (FSA Japan)
有価証券報告書－第98期(2024/04/01－2025/03/31)
EDINET (FSA Japan)
有価証券報告書－第97期(2023/04/01－2024/03/31)
EDINET (FSA Japan)
有価証券報告書－第96期(2022/04/01－2023/03/31)
EDINET (FSA Japan)
有価証券報告書－第95期(令和3年4月1日－令和4年3月31日)
EDINET (FSA Japan)
有価証券報告書－第94期(令和2年4月1日－令和3年3月31日)
Extracted from XBRL: 51 / Derived from other figures: 1
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