Management SolutionsManagement Solutions Co.,Ltd7033東証プライムサービス業FY ending Dec 2025, consolidated, J-GAAP

Management Solutions revenue and profit

Out of every ¥100 of sales, about ¥12 is left as operating profit. Revenue changed +36.2% from the prior year, operating profit +24.2%.

Five-year trend

Revenue¥23.1B
FY ending Oct 2023: ¥16.9B¥16.9BFY ending Dec 2025: ¥23.1B¥23.1BFY23FY25
Operating income¥2.74B
FY ending Oct 2023: ¥2.21B¥2.21BFY ending Dec 2025: ¥2.74B¥2.74BFY23FY25
Operating margin11.9%
FY ending Oct 2023: 13.0%13.0%FY ending Dec 2025: 11.9%11.9%FY23FY25

What drives ROE

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

Net margin7.8%
Asset turnover2.64×
ROA20.6%
ROA20.6%
Financial leverage1.49×
ROE30.6%

Denominators: ending assets and ending equity. Derived from reported values; ROE is shown only for positive profit and equity.

Net margin7.8%
2023: 9.6%9.6%2025: 7.8%7.8%2325
Asset turnover2.64×
2023: 2.41×2.41×2025: 2.64×2.64×2325
ROA20.6%
2023: 23.0%23.0%2025: 20.6%20.6%2325
Financial leverage1.49×
2023: 1.68×1.68×2025: 1.49×1.49×2325
ROE30.6%
2023: 38.8%38.8%2025: 30.6%30.6%2325
PeriodNet marginAsset turnoverROAFinancial leverageROE
20239.6%2.41×23.0%1.68×38.8%
20257.8%2.64×20.6%1.49×30.6%

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 ÷ revenue2.2%
2023: 3.6%3.6%2025: 2.2%2.2%2325
PPE ÷ total assets5.8%
2023: 8.7%8.7%2025: 5.8%5.8%2325
Goodwill ÷ parent equity4.7%
2023: 8.0%8.0%2025: 4.7%4.7%2325
Goodwill balance¥278.8M
2023: ¥334.1M¥334.1M2025: ¥278.8M¥278.8M2325

Ratios are derived from reported values. Goodwill is shown only when separately reported; it is not inferred from combined intangible assets. Definition

Income statement (JPY millions)

ItemFY ending Oct 2023FY ending Dec 2025
Revenue16,93123,067
Cost of revenue10,59413,485
Gross profit6,3389,582
SG&A4,1306,839
Operating income2,2082,743
Pretax income2,2472,653
Income tax611835
Net income attributable to owners1,6211,799
Operating margin13.0%11.9%

Balance sheet (reported items)

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

Assets

Cash 34%
6%
Intangibles and goodwill 11%
Other assets 49%

Funding

Other liabilities 31%
Equity 69%
0%

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

ItemFY ending Oct 2023FY ending Dec 2025
Cash and equivalents¥2.64B¥2.98B
Total assets¥7.03B¥8.74B
Net assets¥4.3B¥6.05B
Share capital¥668.6M¥700.5M
Property, plant and equipment¥614.9M¥508.6M
Intangible assets excluding goodwill¥772M¥722.8M
Goodwill¥334.1M¥278.8M
Current assets¥4.98B¥6.95B
Current liabilities¥2.06B¥2.51B
Short-term borrowings—¥200M
Long-term borrowings¥611.9M¥98.2M
Total liabilities¥2.73B¥2.7B
Non-controlling interests¥95.7M¥129.3M
Equity attributable to owners of parent¥4.18B¥5.88B
Retained earnings¥3.35B¥6.43B
Treasury stock-¥390.3M-¥1.84B

Sources

Show source documents (2)
  • EDINET (FSA Japan)

    有価証券報告書-第21期(2025/01/01-2025/12/31)

    ID S100XT2O2026-03-24Open
  • EDINET (FSA Japan)

    有価証券報告書-第20期(2023/11/01-2024/12/31)

    ID S100VIWD2025-03-31Open

Extracted from XBRL: 50 / Derived from other figures: 1

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