Link and MotivationLink and Motivation Inc.2170東証プライムサービス業FY ending Dec 2025, consolidated, IFRS
Out of every ¥100 of sales, about ¥10 is left as operating profit. Revenue changed +10.8% from the prior year, operating profit -23.4%.
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 | 2.8% | 1.09× | 3.1% | 4.01× | 12.3% |
| 2022 | 6.3% | 1.11× | 7.0% | 3.56× | 24.9% |
| 2023 | 8.4% | 1.14× | 9.5% | 3.11× | 29.6% |
| 2024 | 9.9% | 1.17× | 11.5% | 2.98× | 34.4% |
| 2025 | 3.9% | 1.12× | 4.4% | 2.98× | 13.0% |
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
| Item | FY ending Dec 2021 | FY ending Dec 2022 | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 |
|---|---|---|---|---|---|
| Revenue | 32,644 | 32,776 | 33,969 | 37,458 | 41,522 |
| Cost of revenue | 17,304 | 16,708 | 16,264 | 17,574 | 18,917 |
| Gross profit | 15,340 | 16,068 | 17,704 | 19,884 | 22,605 |
| SG&A | 12,625 | 12,780 | 13,129 | 14,196 | 16,925 |
| Operating income | 2,066 | 3,627 | 4,623 | 5,485 | 4,204 |
| Pretax income | 1,903 | 3,501 | 4,567 | 5,420 | 4,223 |
| Income tax | 801 | 1,336 | 1,430 | 1,366 | 2,202 |
| Net income attributable to owners | 918 | 2,058 | 2,842 | 3,691 | 1,621 |
| Operating margin | 6.3% | 11.1% | 13.6% | 14.6% | 10.1% |
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 | ¥4.92B | ¥6.11B | ¥7.39B | ¥8.61B | ¥11.4B |
| Total assets | ¥30.1B | ¥28.9B | ¥30.8B | ¥33.2B | ¥41B |
| Net assets | ¥8.65B | ¥11.2B | ¥12.9B | ¥14.4B | ¥16.8B |
| Share capital | ¥1.38B | ¥1.38B | ¥1.38B | ¥1.38B | ¥1.38B |
| Property, plant and equipment | ¥637M | ¥599M | ¥604M | ¥653M | ¥667M |
| Goodwill | ¥9.41B | ¥9.35B | ¥9.35B | ¥9.35B | ¥12B |
| Current assets | ¥9.73B | ¥10.6B | ¥12.7B | ¥13.9B | ¥17.6B |
| Total liabilities | ¥21.4B | ¥17.7B | ¥17.9B | ¥18.8B | ¥24.2B |
| Equity attributable to owners of parent | ¥7.49B | ¥9.06B | ¥10.2B | ¥11.3B | ¥13.6B |
| Retained earnings | ¥4.41B | ¥5.38B | ¥7.4B | ¥9.45B | ¥9.42B |
| Treasury stock | -¥320M | -¥320M | -¥1.54B | -¥1.18B | ¥0 |
EDINET (FSA Japan)
有価証券報告書－第26期(2025/01/01－2025/12/31)
EDINET (FSA Japan)
有価証券報告書－第25期(2024/01/01－2024/12/31)
EDINET (FSA Japan)
有価証券報告書－第24期(2023/01/01－2023/12/31)
EDINET (FSA Japan)
有価証券報告書－第23期(2022/01/01－2022/12/31)
EDINET (FSA Japan)
有価証券報告書－第22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21期(令和2年1月1日－令和2年12月31日)
Extracted from XBRL: 44 / Derived from other figures: 1
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