KOZO HoldingsKOZO Holdings Co., Ltd.9973東証スタンダード小売業FY ending Dec 2025, consolidated, J-GAAP
It lost about ¥2 for every ¥100 of sales at the operating level. Revenue changed +7.4% from the prior year.
Net margin × asset turnover = ROA; ROA × financial leverage = ROE
| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE |
|---|---|---|---|---|---|
| 2021 | — | —× | -10.0% | —× | — |
| 2022 | — | —× | -20.3% | —× | — |
| 2023 | — | —× | -7.7% | —× | — |
| 2024 | — | —× | -13.5% | —× | — |
| 2025 | — | —× | -11.7% | —× | — |
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 Dec 2021 | FY ending Dec 2022 | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 |
|---|---|---|---|---|---|
| Revenue | 8,020 | 10,294 | 13,054 | 18,110 | 19,441 |
| Cost of revenue | 4,346 | 5,191 | 7,880 | 11,300 | 12,025 |
| Gross profit | 3,673 | 5,103 | 5,174 | 6,810 | 7,416 |
| SG&A | 3,712 | 5,717 | 5,411 | 7,237 | 7,712 |
| Operating income | -38 | -614 | -237 | -427 | -296 |
| Pretax income | -545 | -901 | -271 | -722 | -639 |
| Income tax | 74 | 54 | 68 | 61 | 46 |
| Net income attributable to owners | -620 | -954 | -339 | -783 | -684 |
| Operating margin | -0.5% | -6.0% | -1.8% | -2.4% | -1.5% |
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 Dec 2021 | FY ending Dec 2022 | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 |
|---|---|---|---|---|---|
| Cash and equivalents | ¥1.18B | ¥436.5M | ¥995.2M | ¥1.12B | ¥972.5M |
| Total assets | ¥6.2B | ¥3.2B | ¥5.63B | ¥6B | ¥5.65B |
| Net assets | ¥685M | ¥446.8M | ¥292.1M | ¥129.6M | ¥396.6M |
| Share capital | ¥511M | ¥887.7M | ¥114.8M | ¥413.2M | ¥928.7M |
| Trade receivables | ¥1.08B | ¥468.8M | ¥1.3B | ¥1.43B | ¥1.55B |
| Property, plant and equipment | ¥1.11B | ¥448.9M | ¥678.3M | ¥902.2M | ¥880.4M |
| Intangible assets excluding goodwill | ¥800M | ¥400.9M | ¥359.4M | ¥622.8M | ¥291.1M |
| Goodwill | ¥748.9M | ¥399.8M | ¥355.4M | ¥615.6M | ¥276.8M |
| Investment securities | ¥22.2M | ¥1.1M | ¥25.8M | ¥16M | ¥16M |
| Current assets | ¥3.27B | ¥1.24B | ¥3.4B | ¥3.49B | ¥3.48B |
| Current liabilities | ¥2.96B | ¥1.58B | ¥3.57B | ¥3.99B | ¥3.68B |
| Trade payables | ¥862.7M | ¥525.5M | ¥2.1B | ¥2.29B | ¥2.3B |
| Short-term borrowings | ¥196.3M | ¥40.6M | ¥5.5M | ¥100K | ¥2.1M |
| Long-term borrowings | ¥876.7M | ¥456.8M | ¥970.3M | ¥820.7M | ¥570.9M |
| Bonds | ¥116.5M | — | — | — | — |
| Interest-bearing debt | ¥1.19Bderived | — | — | — | — |
| Total liabilities | ¥5.51B | ¥2.76B | ¥5.34B | ¥5.87B | ¥5.26B |
| Non-controlling interests | ¥993K | ¥25M | ¥24.1M | ¥23.6M | ¥23.3M |
| Equity attributable to owners of parent | ¥684.9M | ¥449.3M | ¥320.4M | ¥134.5M | ¥461M |
| Retained earnings | -¥417.3M | -¥1.41B | -¥350.1M | -¥1.13B | -¥1.82B |
| Treasury stock | -¥7.4M | -¥7.4M | -¥7.4M | -¥7.4M | -¥7.4M |
EDINET (FSA Japan)
有価証券報告書－第58期(2025/01/01－2025/12/31)
EDINET (FSA Japan)
有価証券報告書－第57期(2024/01/01－2024/12/31)
EDINET (FSA Japan)
有価証券報告書－第56期(2023/01/01－2023/12/31)
EDINET (FSA Japan)
有価証券報告書－第55期(2022/01/01－2022/12/31)
EDINET (FSA Japan)
有価証券報告書－第54期(令和3年1月1日－令和3年12月31日)
EDINET (FSA Japan)
有価証券報告書－第53期(令和2年1月1日－令和2年12月31日)
Extracted from XBRL: 49 / Derived from other figures: 1
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