Kuroda Precision IndustriesKURODA PRECISION INDUSTRIES LTD.7726東証スタンダード機械FY ending Mar 2026, consolidated, J-GAAP

Kuroda Precision Industries revenue and profit

Operating profit was close to zero, a slight profit per ¥100 of sales. Revenue changed +12.8% from the prior year, operating profit -89.5%.

Five-year trend

Revenue¥19.5B
FY ending Mar 2022: ¥18B¥18BFY ending Mar 2023: ¥22.7B¥22.7BFY ending Mar 2024: ¥18.5B¥18.5BFY ending Mar 2025: ¥17.3B¥17.3BFY ending Mar 2026: ¥19.5B¥19.5BFY22FY23FY24FY25FY26
Operating income¥32.9M
FY ending Mar 2022: ¥1.33B¥1.33BFY ending Mar 2023: ¥1.28B¥1.28BFY ending Mar 2024: ¥583.2M¥583.2MFY ending Mar 2025: ¥311.6M¥311.6MFY ending Mar 2026: ¥32.9M¥32.9MFY22FY23FY24FY25FY26
Operating margin0.2%
FY ending Mar 2022: 7.4%7.4%FY ending Mar 2023: 5.6%5.6%FY ending Mar 2024: 3.2%3.2%FY ending Mar 2025: 1.8%1.8%FY ending Mar 2026: 0.2%0.2%FY22FY23FY24FY25FY26

What drives ROE

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

Net margin—
2022: 3.1%3.1%2023: 4.0%4.0%2024: 2.7%2.7%2025: 1.0%1.0%2223242526
Asset turnover—
2022: 0.82×0.82×2023: 0.96×0.96×2024: 0.72×0.72×2025: 0.66×0.66×2223242526
ROA-0.3%
2022: 2.6%2.6%2023: 3.8%3.8%2024: 1.9%1.9%2025: 0.7%0.7%2026: -0.3%-0.3%2223242526
Financial leverage—
2022: 2.86×2.86×2023: 2.93×2.93×2024: 2.97×2.97×2025: 2.96×2.96×2223242526
ROE—
2022: 7.3%7.3%2023: 11.2%11.2%2024: 5.8%5.8%2025: 2.0%2.0%2223242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
20223.1%0.82×2.6%2.86×7.3%
20234.0%0.96×3.8%2.93×11.2%
20242.7%0.72×1.9%2.97×5.8%
20251.0%0.66×0.7%2.96×2.0%
2026——×-0.3%—×—

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 ÷ revenue54.1%
2021: 51.7%51.7%2022: 37.3%37.3%2023: 32.3%32.3%2024: 45.4%45.4%2025: 54.0%54.0%2026: 54.1%54.1%212223242526
PPE ÷ total assets36.1%
2021: 34.9%34.9%2022: 30.5%30.5%2023: 28.9%28.9%2024: 32.4%32.4%2025: 35.7%35.7%2026: 36.1%36.1%212223242526
Goodwill ÷ parent equity—
2021: 11.1%11.1%2022: 9.5%9.5%2023: 8.8%8.8%212223242526
Goodwill balance—
2021: ¥801.2M¥801.2M2022: ¥734.1M¥734.1M2023: ¥744.3M¥744.3M212223242526

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¥237.7M
2021: ¥294M¥294M2022: ¥301M¥301M2023: ¥266.9M¥266.9M2024: ¥279M¥279M2025: ¥255.5M¥255.5M2026: ¥237.7M¥237.7M212223242526
R&D / revenue1.2%
2021: 2.2%2.2%2022: 1.7%1.7%2023: 1.2%1.2%2024: 1.5%1.5%2025: 1.5%1.5%2026: 1.2%1.2%212223242526
Receivable days—
2021: 98d98d2022: 80d80d212223242526
Payable days31d
2021: 37d37d2022: 45d45d2023: 37d37d2024: 26d26d2025: 31d31d2026: 31d31d212223242526

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 Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Revenue18,04322,74718,50417,28419,502
Cost of revenue13,13517,31014,06713,18715,610
Gross profit4,9085,4364,4374,0973,892
SG&A3,5734,1513,8543,7853,859
Operating income1,3351,28558331233
Pretax income1,0381,569119402-143
Income tax460647-353242-50
Net income attributable to owners564907498173-97
Operating margin7.4%5.6%3.2%1.8%0.2%

Balance sheet (reported items)

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

Assets

Cash 12%
Property, plant and equipment 36%
1%
Investment securities 9%
Other assets 42%

Funding

4%
Other liabilities 56%
Equity 40%
0%

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

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Cash and equivalents¥2.85B¥3.96B¥3.23B¥3.29B¥3.36B
Total assets¥22B¥25.4B¥25.9B¥26.2B¥29.2B
Net assets¥9.81B¥10.7B¥11.7B¥11.6B¥11.6B
Share capital¥1.91B¥1.92B¥1.93B¥1.94B¥1.95B
Trade receivables¥3.94B————
Property, plant and equipment¥6.73B¥7.34B¥8.39B¥9.34B¥10.6B
Intangible assets excluding goodwill¥898.7M¥899.6M¥170.9M¥167.8M¥177.4M
Goodwill¥734.1M¥744.3M———
Investment securities¥1.73B¥1.79B¥2.64B¥2.37B¥2.76B
Current assets¥12.1B¥14.7B¥13.6B¥13.1B¥14.5B
Current liabilities¥7.32B¥9.62B¥8.18B¥8.47B¥9.54B
Trade payables¥1.61B¥1.77B¥1.01B¥1.1B¥1.33B
Short-term borrowings¥1.11B¥2.56B¥2.67B¥3.42B¥4.39B
Long-term borrowings¥2.17B¥2.2B¥2.75B¥2.87B¥4.03B
Total liabilities¥12.2B¥14.7B¥14.2B¥14.6B¥17.6B
Non-controlling interests¥193.8M¥214.7M¥188.4M¥196.6M¥167.9M
Equity attributable to owners of parent¥7.71B¥8.49B¥8.78B¥8.79B¥8.41B
Retained earnings¥4.29B¥5.05B¥5.32B¥5.3B¥5.03B
Treasury stock-¥9.1M-¥9.2M-¥9.3M-¥9.3M-¥147.3M

Sources

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

    有価証券報告書-第82期(2025/04/01-2026/03/31)

    ID S100YK6H2026-06-25Open
  • EDINET (FSA Japan)

    有価証券報告書-第81期(2024/04/01-2025/03/31)

    ID S100W6EU2025-06-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第80期(2023/04/01-2024/03/31)

    ID S100TTSU2024-06-27Open
  • EDINET (FSA Japan)

    有価証券報告書-第79期(2022/04/01-2023/03/31)

    ID S100R8762023-06-29Open
  • EDINET (FSA Japan)

    有価証券報告書-第78期(令和3年4月1日-令和4年3月31日)

    ID S100OJZH2022-06-29Open
  • EDINET (FSA Japan)

    訂正有価証券報告書-第77期(令和2年4月1日-令和3年3月31日)

    ID S100NBAK2022-02-01Open

Extracted from XBRL: 51 / Derived from other figures: 1

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