Lacto JapanLacto Japan Co.,Ltd.3139東証プライム卸売業FY ending Nov 2025, consolidated, J-GAAP
Out of every ¥100 of sales, about ¥3 is left as operating profit. Revenue changed +7.0% from the prior year, operating profit +33.5%.
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 | 1.8% | 2.10× | 3.7% | 2.80× | 10.4% |
| 2022 | 1.6% | 2.33× | 3.6% | 3.17× | 11.5% |
| 2023 | 1.3% | 2.18× | 2.8% | 3.36× | 9.5% |
| 2024 | 1.8% | 2.23× | 4.1% | 3.24× | 13.3% |
| 2025 | 2.4% | 2.13× | 5.0% | 3.22× | 16.2% |
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 | 110,884 | 147,423 | 158,328 | 170,907 | 182,816 |
| Cost of revenue | 104,243 | 139,962 | 150,418 | 160,836 | 170,527 |
| Gross profit | 6,641 | 7,462 | 7,909 | 10,071 | 12,288 |
| SG&A | 3,854 | 4,490 | 4,724 | 5,616 | 6,341 |
| Operating income | 2,787 | 2,971 | 3,184 | 4,455 | 5,947 |
| Pretax income | 2,682 | 3,135 | 2,847 | 4,320 | 5,796 |
| Income tax | 723 | 848 | 799 | 1,174 | 1,479 |
| Net income attributable to owners | 1,959 | 2,287 | 2,048 | 3,146 | 4,317 |
| Operating margin | 2.5% | 2.0% | 2.0% | 2.6% | 3.3% |
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 | ¥5.01B | ¥5.88B | ¥7.28B | ¥8.52B | ¥9.5B |
| Total assets | ¥52.9B | ¥73.5B | ¥72B | ¥81.4B | ¥90.2B |
| Net assets | ¥19.6B | ¥22.5B | ¥24.7B | ¥27.6B | ¥32.4B |
| Share capital | ¥1.15B | ¥1.16B | ¥1.18B | ¥1.21B | ¥1.21B |
| Trade receivables | ¥19.3B | ¥21.1B | ¥18.7B | ¥24B | ¥24B |
| Property, plant and equipment | ¥709M | ¥942.1M | ¥2.19B | ¥2.5B | ¥3.55B |
| Intangible assets excluding goodwill | ¥44.6M | ¥39.1M | ¥73M | ¥321M | ¥754M |
| Investment securities | ¥838.2M | ¥795.2M | ¥1.14B | ¥1.33B | ¥1.86B |
| Current assets | ¥50B | ¥70.1B | ¥67.1B | ¥75.8B | ¥83.2B |
| Current liabilities | ¥27.5B | ¥41.1B | ¥37B | ¥44.5B | ¥48.8B |
| Short-term borrowings | ¥10.7B | ¥13.9B | ¥14.4B | ¥17.1B | ¥22.2B |
| Long-term borrowings | ¥5.01B | ¥8.96B | ¥9.13B | ¥8.29B | ¥7.66B |
| Total liabilities | ¥33.3B | ¥51B | ¥47.3B | ¥53.9B | ¥57.8B |
| Equity attributable to owners of parent | ¥18.9B | ¥20.9B | ¥22.4B | ¥24.9B | ¥28.3B |
| Retained earnings | ¥16.7B | ¥18.7B | ¥20.1B | ¥22.7B | ¥26B |
| Treasury stock | -¥111.8M | -¥65.8M | -¥14M | -¥152M | -¥121M |
EDINET (FSA Japan)
有価証券報告書－第28期(2024/12/01－2025/11/30)
EDINET (FSA Japan)
有価証券報告書－第27期(2023/12/01－2024/11/30)
EDINET (FSA Japan)
有価証券報告書－第26期(2022/12/01－2023/11/30)
EDINET (FSA Japan)
有価証券報告書－第25期(2021/12/01－2022/11/30)
EDINET (FSA Japan)
有価証券報告書－第24期(令和2年12月1日－令和3年11月30日)
EDINET (FSA Japan)
有価証券報告書－第23期(令和1年12月1日－令和2年11月30日)
Extracted from XBRL: 49 / Derived from other figures: 1
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