Kurogane KosakushoKurogane Kosakusho Ltd.7997東証スタンダードその他製品FY ending Nov 2025, consolidated, J-GAAP
It lost about ¥2 for every ¥100 of sales at the operating level. Revenue changed -12.0% from the prior year.
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 |
|---|---|---|---|---|---|
| 2021 | — | —× | -0.1% | —× | — |
| 2022 | — | —× | -6.2% | —× | — |
| 2023 | 16.9% | 0.86× | 14.5% | 2.88× | 41.9% |
| 2024 | 2.9% | 0.89× | 2.6% | 2.09× | 5.4% |
| 2025 | 6.4% | 0.76× | 4.9% | 1.99× | 9.7% |
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 Nov 2021 | FY ending Nov 2022 | FY ending Nov 2023 | FY ending Nov 2024 | FY ending Nov 2025 |
|---|---|---|---|---|---|
| Revenue | 8,374 | 6,921 | 7,181 | 7,204 | 6,342 |
| Cost of revenue | 6,692 | 5,542 | 5,733 | 5,657 | 4,837 |
| Gross profit | 1,681 | 1,379 | 1,448 | 1,547 | 1,505 |
| SG&A | 1,784 | 1,639 | 1,587 | 1,574 | 1,628 |
| Operating income | -103 | -261 | -139 | -27 | -123 |
| Pretax income | 35 | -550 | 1,385 | 240 | 548 |
| Income tax | 38 | 18 | 170 | 35 | 146 |
| Net income attributable to owners | -5 | -566 | 1,215 | 209 | 403 |
| Operating margin | -1.2% | -3.8% | -1.9% | -0.4% | -1.9% |
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 Nov 2021 | FY ending Nov 2022 | FY ending Nov 2023 | FY ending Nov 2024 | FY ending Nov 2025 |
|---|---|---|---|---|---|
| Cash and equivalents | ¥770.1M | ¥598.8M | ¥1.15B | ¥757.9M | ¥1.03B |
| Total assets | ¥9.64B | ¥8.52B | ¥8.2B | ¥8.06B | ¥8.55B |
| Net assets | ¥3.38B | ¥2.92B | ¥4.28B | ¥4.58B | ¥4.85B |
| Share capital | ¥3B | ¥3B | ¥3B | ¥3B | ¥3B |
| Trade receivables | ¥1.26B | — | — | — | — |
| Property, plant and equipment | ¥3.86B | ¥3.25B | ¥2.23B | ¥2.5B | ¥2.39B |
| Intangible assets excluding goodwill | ¥49.3M | ¥13.1M | ¥15.2M | ¥28.4M | ¥55.6M |
| Investment securities | ¥1.14B | ¥1.25B | ¥1.3B | ¥1.31B | ¥1.27B |
| Current assets | ¥4.28B | ¥3.72B | ¥4.58B | ¥4.14B | ¥4.76B |
| Current liabilities | ¥4.41B | ¥3.93B | ¥2.58B | ¥2.03B | ¥2.14B |
| Trade payables | ¥1.25B | ¥1.21B | ¥673.3M | ¥647.2M | ¥421.7M |
| Short-term borrowings | ¥2.06B | ¥1.95B | ¥300M | ¥300M | ¥300M |
| Long-term borrowings | ¥740.3M | ¥504.1M | ¥275.1M | ¥287.4M | ¥356.8M |
| Total liabilities | ¥6.25B | ¥5.6B | ¥3.92B | ¥3.48B | ¥3.7B |
| Non-controlling interests | ¥10.2M | ¥8.6M | ¥8M | ¥4.5M | ¥3.4M |
| Equity attributable to owners of parent | ¥2.6B | ¥2B | ¥3.79B | ¥4B | ¥4.34B |
| Retained earnings | -¥240M | -¥836.5M | ¥952.6M | ¥1.16B | ¥1.53B |
| Treasury stock | -¥158M | -¥158M | -¥158M | -¥158M | -¥189.1M |
EDINET (FSA Japan)
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有価証券報告書－第104期(2022/12/01－2023/11/30)
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訂正有価証券報告書－第103期(2021/12/01－2022/11/30)
EDINET (FSA Japan)
有価証券報告書－第102期(令和2年12月1日－令和3年11月30日)
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有価証券報告書－第101期(令和1年12月1日－令和2年11月30日)
Extracted from XBRL: 53 / Derived from other figures: 1
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