# Marubeni Corporation: business model and financials

> Latest period: FY ending Mar 2026, consolidated, IFRS
> Unit: JPY millions
> Sources: 有価証券報告書－第102期(2025/04/01－2026/03/31) (S100YAY4)
> Page: https://vizora.meequs.com/en/company/marubeni
> Retrieved: 2026-09-30T18:34:40.056Z

## Company

Marubeni, founded in 1949, is a company in General Trading Companies listed on TSE Prime. It has 52,658 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | Marubeni Corporation |
| Ticker | 8002 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/8002.T) |
| Listing | TSE Prime |
| Head office | 東京都千代田区大手町一丁目4番2号 |
| Representative (per filing) | 代表取締役 社長 大本晶之 |
| Founded | Dec 1949 |
| Share capital | ¥263.7B |
| Employees (consolidated) | 52,658 |
| Average salary (parent only) | ¥17.8M |
| Fiscal year end | March |
| Website | www.marubeni.com (https://www.marubeni.com/) |
| Corporate number | 9010001008776 |
| EDINET | E02498 |
| Industries (Vizora) | General Trading Companies |

> Profile source: annual securities report (S100YAY4, filed 2026-06-12). As of filing

## Five-axis industry profile

Primary industry: General Trading Companies (2026-03-31)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Revenue growth | 7.1 | 7 |
| Efficiency | 64.3 | 7 |

Each axis is shown independently. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

## Key points (generated from figures)

- About 45% of Marubeni's sales come from Food and Agri Business, with Energy and Chemicals and Metals and Mineral Resources making up much of the rest.
- Out of every ¥100 of sales, about ¥3 is left as operating profit.
- Revenue changed +6.1% from the prior year.

## Company structure

- Segment revenue mix: Food and Agri Business 45.0%、Energy and Chemicals 16.5%、Metals and Mineral Resources 11.1%、Aerospace and Mobility 8.4%、Lifestyle 7.8%
- Revenue → net income: ¥8265841000000 → ¥559165000000
- Net income → operating cash flow: ¥559165000000 → ¥535398000000（difference ¥-23767000000）
- Main uses of operating cash flow: CapEx ¥153490000000 / dividends ¥165265000000 / buybacks —
- Change in cash: ¥-17949000000
Segment shares use total reported segment revenue, which may include inter-segment sales. The cash bridge is operating cash flow minus net income and combines non-cash items and working-capital effects.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Revenue | ¥8.27T |  |
| Operating income | — | Margin — |
| Net income | ¥543.9B | Margin 6.6% |
| Free cash flow | ¥381.9B |  |
| Largest business | Food and Agri Business | of segment revenue 45.0% |
| Employees (consolidated) | 52,658 |  |
| EPS | ¥330.42 |  |
| Diluted EPS | ¥330.09 |  |
| Book value per share | ¥676.35 |  |
| Equity ratio | 41.4% | Derived from disclosed figures |
| Shares outstanding | 1,660,758,000 |  |
| Treasury shares | 22,278,100 |  |
| Shareholders | 277,392 |  |
| Average salary (parent only) | ¥17.8M | Filing company only |
| Cash ratio | 5.2% | Cash ÷ revenue 6.7% |
| ROE | 13.6% | Derived from disclosed figures |
| ROA | 5.5% | Derived from disclosed figures |

## Notable figures

- FY2026, parent-company salary changed +21% over five years

## What changed in 5 years

| Metric | FY ending Mar 2021 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥6332414000000 | ¥8265841000000 | +30.5% |
| Employees | 45,470 people | 52,658 people | +15.8% |
| Cash and equivalents | ¥745858000000 | ¥551064000000 | -26.1% |

### Change in segment revenue mix

Span: FY ending Mar 2021 → FY ending Mar 2026. Stable segment keys are connected; unmatched shares are marked as new or reorganized. Shares use total segment revenue.

| Flow | Revenue share |
| --- | ---: |
| ライフスタイル → ライフスタイル | 1.6% |
| 情報・不動産 → 事業再編・廃止 | 4.6% |
| フォレストプロダクツ → 事業再編・廃止 | 3.0% |
| 金属 → 金属 | 3.8% |
| 食料 → 事業再編・廃止 | 16.4% |
| 食料第一 → 事業再編・廃止 | 8.3% |
| 食料第二 → 事業再編・廃止 | 8.2% |
| アグリ事業 → 事業再編・廃止 | 36.0% |
| 化学品 → 事業再編・廃止 | 5.2% |
| エネルギー → 事業再編・廃止 | 5.8% |
| 次世代事業開発 → 次世代事業開発 | 0.0% |
| 電力 → 事業再編・廃止 | 2.2% |
| インフラプロジェクト → 事業再編・廃止 | 0.3% |
| 航空・船舶 → 事業再編・廃止 | 0.7% |
| 金融・リース事業 → 事業再編・廃止 | 0.1% |
| 建機・産機・モビリティ → 事業再編・廃止 | 3.7% |
| 新設・再編 → ライフスタイル | 6.2% |
| 新設・再編 → 食料・アグリ | 45.0% |
| 新設・再編 → 金属 | 7.3% |
| 新設・再編 → エネルギー・化学品 | 16.5% |
| 新設・再編 → 電力・インフラサービス | 5.9% |
| 新設・再編 → 金融・リース・不動産 | 0.3% |
| 新設・再編 → エアロスペース・モビリティ | 8.4% |
| 新設・再編 → 情報ソリューション | 2.5% |
| 新設・再編 → 次世代事業開発 | 2.2% |
| 新設・再編 → 次世代コーポレートディベロップメント | 0.5% |

Segment revenue source references: 26 (derived)

## Business growth × margin

X-axis: segment revenue CAGR. Y-axis: latest operating margin. Bubble size: latest revenue. CAGR requires at least two comparable years.

| Segment | CAGR span | Revenue CAGR | Latest revenue | Operating margin | Source refs |
| --- | ---: | ---: | ---: | ---: | ---: |
| Food and Agri Business | — | — | ¥3720523000000 | — | 2 |
| Energy and Chemicals | — | — | ¥1365839000000 | — | 2 |
| Metals and Mineral Resources | 5 years | +25.5% | ¥918917000000 | — | 2 |
| Aerospace and Mobility | — | — | ¥691291000000 | — | 2 |
| Lifestyle | 5 years | +39.2% | ¥644053000000 | — | 2 |
| Power and Infrastructure Services | — | — | ¥485323000000 | — | 2 |
| IT Solutions | 3 years | -17.1% | ¥202929000000 | — | 2 |
| Next Generation Business Development | 5 years | +131.2% | ¥182359000000 | — | 2 |
| Next Generation Corporate Development | 4 years | +597.7% | ¥37921000000 | — | 2 |
| Finance, Leasing and Real Estate Business | 4 years | -17.9% | ¥24585000000 | — | 2 |

## Income statement（FY ending Mar 2026, consolidated, IFRS）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 8,265,841 | 100.0% | S100YAY4 |
| Cost of revenue | 7,083,142 | 85.7% | S100YAY4 |
| Gross profit | 1,182,699 | 14.3% | S100YAY4 |
| SG&A | 913,596 | 11.1% | S100YAY4 |
| Pretax income | 664,457 | 8.0% | S100YAY4 |
| Income tax | 105,292 | 1.3% | S100YAY4 |
| Net income | 559,165 | 6.8% | S100YAY4 |
| Net income attributable to owners | 543,852 | 6.6% | S100YAY4 |

## Per ¥100 of revenue（FY ending Mar 2026）

| Part | JPY |
| --- | ---: |
| Cost of revenue | 86 |
| SG&A | 11 |
| Operating income | 3 |
| (Ref.) Net income | 7 |

### Margin funnel

Gross margin 14.3% → Net margin 6.6%
Derived from reported figures (DERIVED).

## Year over year（FY ending Mar 2025 → FY ending Mar 2026、JPY mn）

| Metric | Prior | Current | Change | % change |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 7,790,168 | 8,265,841 | 475,673 | +6.1% |
| Gross profit | 1,146,585 | 1,182,699 | 36,114 | +3.1% |
| Net income attributable to owners | 502,965 | 543,852 | 40,887 | +8.1% |
| Operating cash flow | 597,945 | 535,398 | -62,547 | -10.5% |
| Free cash flow | 420,391 | 381,908 | -38,483 | -9.2% |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2017 | 7,128,805 | — | — | 155,350 | 324,263 | — | S100LO78 |
| FY ending Mar 2018 | 7,540,337 | — | — | 211,259 | 253,423 | — | S100OE5O |
| FY ending Mar 2019 | 7,401,256 | — | — | 230,891 | 284,895 | — | S100R2ES |
| FY ending Mar 2020 | 6,827,641 | — | — | -197,450 | 326,981 | 217,103 | S100TP60 |
| FY ending Mar 2021 | 6,332,414 | — | — | 223,256 | 397,069 | 272,979 | S100VYGC |
| FY ending Mar 2022 | 8,508,591 | — | — | 424,320 | 311,919 | 210,114 | S100YAY4 |
| FY ending Mar 2023 | 9,190,472 | — | — | 543,001 | 606,334 | 502,074 | S100YAY4 |
| FY ending Mar 2024 | 7,250,515 | — | — | 471,412 | 442,469 | 289,098 | S100YAY4 |
| FY ending Mar 2025 | 7,790,168 | — | — | 502,965 | 597,945 | 420,391 | S100YAY4 |
| FY ending Mar 2026 | 8,265,841 | — | — | 543,852 | 535,398 | 381,908 | S100YAY4 |

## People and productivity（FY ending Mar 2026, consolidated, IFRS）

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥157M |
| Net income per employee (consolidated) | ¥10.3M |

Employees, revenue and profit are consolidated. Average annual salary is a separate parent-company figure. Calculated from disclosed figures (DERIVED).

| History | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Employees (consolidated) | 46,100 | 45,995 | 50,200 | 51,834 | 52,658 |
| Average salary (parent company) | ¥14.7M | ¥15.9M | ¥16.5M | ¥17.1M | ¥17.8M |
| Average age (parent company) | 42.3 years | 42.3 years | 42.4 years | 42.5 years | 42.5 years |
| Average tenure (parent company) | 17.6 years | 17.6 years | 17.9 years | 17.9 years | 17.8 years |

Year over year: Employees (consolidated) +1.6% · Revenue (consolidated) +6.1%

## Segments（FY ending Mar 2026, consolidated, IFRS、JPY mn）

| Segment | Revenue | Share | Op. income | Op. margin |
| --- | ---: | ---: | ---: | ---: |
| Lifestyle | 644,053 | 7.8% | — | — |
| Food and Agri Business | 3,720,523 | 45.0% | — | — |
| Metals and Mineral Resources | 918,917 | 11.1% | — | — |
| Energy and Chemicals | 1,365,839 | 16.5% | — | — |
| Power and Infrastructure Services | 485,323 | 5.9% | — | — |
| Finance, Leasing and Real Estate Business | 24,585 | 0.3% | — | — |
| Aerospace and Mobility | 691,291 | 8.4% | — | — |
| IT Solutions | 202,929 | 2.5% | — | — |
| Next Generation Business Development | 182,359 | 2.2% | — | — |
| Next Generation Corporate Development | 37,921 | 0.5% | — | — |

### segmentMix — Revenue and profit mix

Calculated from disclosed figures (DERIVED). Shares use total segment revenue and total positive segment profit respectively. Difference = profit share − revenue share (pt). Inter-segment sales may prevent reconciliation to company revenue.

| Segment | Revenue share |
| --- | ---: |
| Lifestyle | 7.8% |
| Food and Agri Business | 45.0% |
| Metals and Mineral Resources | 11.1% |
| Energy and Chemicals | 16.5% |
| Power and Infrastructure Services | 5.9% |
| Finance, Leasing and Real Estate Business | 0.3% |
| Aerospace and Mobility | 8.4% |
| IT Solutions | 2.5% |
| Next Generation Business Development | 2.2% |
| Next Generation Corporate Development | 0.5% |

## Revenue by geography

No geographic revenue breakdown was disclosed.

## Cash flow（FY ending Mar 2026, consolidated, IFRS）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Operating cash flow | 535,398 | 6.5% | S100YAY4 |
| Capital expenditure | 153,490 | 1.9% | S100YAY4 |
| Free cash flow | 381,908 | 4.6% | 算出 |
| Investing cash flow | -117,992 | -1.4% | S100YAY4 |
| Financing cash flow | -466,211 | -5.6% | S100YAY4 |
| Dividends paid | 165,265 | 2.0% | S100YAY4 |
| Change in cash | -17,949 | -0.2% | S100YAY4 |
| Cash and equivalents | 551,064 | 6.7% | S100YAY4 |

## Balance sheet

Figures are as of each fiscal year end. Derived values are marked as such in the source column. Lease liabilities are excluded from interest-bearing debt.

| Metric | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | 578,636 | 608,917 | 506,254 | 569,144 | 551,064 | S100TP60, S100VYGC, S100YAY4 |
| Total assets | 8,255,583 | 7,953,604 | 8,923,597 | 9,201,974 | 10,531,764 | S100R2ES, S100TP60, S100VYGC, S100YAY4 |
| Net assets | 2,338,328 | 2,981,973 | 3,562,846 | 3,768,633 | 4,513,798 | S100TP60, S100VYGC, S100YAY4 |
| Share capital | 262,947 | 263,324 | 263,599 | 263,711 | 263,711 | S100R2ES, S100TP60, S100VYGC, S100YAY4 |
| Property, plant and equipment | 954,735 | 947,647 | 1,081,455 | 1,125,412 | 1,144,761 | S100R2ES, S100TP60, S100VYGC, S100YAY4 |
| Goodwill | 144,254 | 153,649 | 214,379 | 223,513 | 267,016 | S100R2ES, S100TP60, S100VYGC, S100YAY4 |
| Current assets | 4,430,482 | 3,760,574 | 3,946,283 | 4,021,442 | 4,506,136 | S100R2ES, S100TP60, S100VYGC, S100YAY4 |
| Total liabilities | 5,917,255 | 4,971,631 | 5,360,751 | 5,433,341 | 6,017,966 | S100R2ES, S100TP60, S100VYGC, S100YAY4 |
| Equity attributable to owners of parent | 2,242,180 | 2,877,747 | 3,459,682 | 3,629,236 | 4,363,719 | S100R2ES, S100TP60, S100VYGC, S100YAY4 |
| Retained earnings | 1,379,701 | 1,778,193 | 2,086,701 | 2,435,272 | 2,876,685 | S100R2ES, S100TP60, S100VYGC, S100YAY4 |
| Treasury stock | -19,738 | -3,357 | -4,189 | -5,807 | -74,333 | S100R2ES, S100TP60, S100VYGC, S100YAY4 |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 5% | S100YAY4 |
| Property, plant and equipment | 11% | S100YAY4 |
| Intangibles and goodwill | 3% | — |
| Other assets | 81% | S100YAY4 |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Other liabilities | 57% | S100YAY4 |
| Equity | 43% | S100YAY4 |

### Balance sheet history

| Metric | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Total assets | 8,255,583 | 7,953,604 | 8,923,597 | 9,201,974 | 10,531,764 |
| Equity | 2,338,328 | 2,981,973 | 3,562,846 | 3,768,633 | 4,513,798 |
| Interest-bearing debt | — | — | — | — | — |
| Cash | 578,636 | 608,917 | 506,254 | 569,144 | 551,064 |

## Asset intensity and goodwill

Ratios are derived from reported values. Goodwill is used only when separately reported, never inferred from combined intangible assets.

| Metric | Value | Sources |
| --- | ---: | ---: |
| Asset intensity (fixed assets ÷ revenue) | 13.8% | S100YAY4 |
| Fixed assets ÷ total assets | 10.9% | S100YAY4 |
| Goodwill ÷ parent equity | 6.1% | S100YAY4 |

Goodwill over 4 years: 144,254 → 267,016 JPY; total investing cash flow: -770,575 JPY. This does not imply causation.

### Cash quality

Net cash = cash − interest-bearing debt. Net debt ratio = (interest-bearing debt − cash) ÷ positive operating cash flow. Omit when debt components are incomplete; other ratios are derived from reported figures.

| Metric | Value |
| --- | ---: |
| Cash ratio (cash ÷ total assets) | 5.2% |
| Cash ÷ revenue | 6.7% |
| Net cash (cash − interest-bearing debt) | — |
| Net debt ÷ operating cash flow | — |
| Cash conversion (operating CF ÷ operating income) | — |
| Cash vs. profit gap | -8,454 JPY mn (of net income -1.6%) |
| Shareholder returns / net income | — |
| Shareholder returns / FCF | — |
| Shareholder payments — dividends / net income | 30.4% |
| Shareholder payments — dividends / FCF | 43.3% |
| CapEx intensity (capex ÷ revenue) | 1.9% |
| Investing CF relative to operating CF | 22.0% |

## ROA and ROE

ROE is decomposed into net margin × asset turnover × financial leverage. Leverage can raise ROE, so the ratio alone does not assess a company's condition. Ending balances are used without a prior year; total equity approximates parent equity when unavailable.

| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE | Sources |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| 2022 | 5.0% | 1.03× | 5.1% | 3.68× | 18.9% | S100R2ES, S100YAY4 |
| 2023 | 5.9% | 1.13× | 6.7% | 3.17× | 21.2% | S100TP60, S100YAY4 |
| 2024 | 6.5% | 0.86× | 5.6% | 2.66× | 14.9% | S100VYGC, S100YAY4 |
| 2025 | 6.5% | 0.86× | 5.5% | 2.56× | 14.2% | S100YAY4 |
| 2026 | 6.6% | 0.84× | 5.5% | 2.47× | 13.6% | S100YAY4 |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 日本マスタートラスト信託銀行株式会社（信託口） | Major shareholder | 14.6% | 2026-03-31 |
| ステート ストリート バンク アンド トラスト カンパニー 505104（常任代理人 株式会社みずほ銀行決済営業部） | Major shareholder | 9.8% | 2026-03-31 |
| 株式会社日本カストディ銀行（信託口） | Major shareholder | 6.3% | 2026-03-31 |
| ザ チェース マンハッタン バンク エヌエイ ロンドン エス エル オムニバス アカウント（常任代理人 株式会社みずほ銀行決済営業部） | Major shareholder | 2.8% | 2026-03-31 |
| 明治安田生命保険相互会社（常任代理人 株式会社日本カストディ銀行） | Major shareholder | 2.3% | 2026-03-31 |
| ステート ストリート バンク アンド トラスト カンパニー 505001（常任代理人 株式会社みずほ銀行決済営業部） | Major shareholder | 1.8% | 2026-03-31 |
| 株式会社みずほ銀行（常任代理人 株式会社日本カストディ銀行） | Major shareholder | 1.6% | 2026-03-31 |
| 日本生命保険相互会社（常任代理人 日本マスタートラスト信託銀行株式会社） | Major shareholder | 1.4% | 2026-03-31 |
| ナッツ クムコ（常任代理人 株式会社みずほ銀行決済営業部） | Major shareholder | 1.4% | 2026-03-31 |
| 損害保険ジャパン株式会社 | Major shareholder | 1.4% | 2026-03-31 |

## AI commentary（text by AI; the tables above are authoritative、claude-code）

- Revenue for the FY ending Mar 2026 was ¥8.27T, up 6.1% from ¥7.79T.
- Net income attributable to owners grew faster, up 8.1% to ¥543.9B, while gross profit rose 3.1%.
- Cash flow went the other way: operating cash flow fell 10.5% to ¥535.4B and free cash flow fell 9.2% to ¥381.9B.

### Drivers

- Marubeni booked a valuation gain from combining its Japanese real estate business with Dai-ichi Life's.
- Higher copper prices lifted profits at its Chilean copper operations, raising income from equity-method investments.
- Last year's one-time gain from exiting the Qatar LNG business did not repeat, and power wholesale and retail earned less. Higher SG&A pushed operating income down.

### Risks

- Tension in the Middle East could move resource prices, disrupt shipping and delay construction or operations.
- Prices for copper, iron ore and coking coal, along with exchange rates, affect the value of its resource stakes and its profit.
- Courts in Indonesia have ruled against Marubeni in a long-running dispute with Sugar Group, which could lead to a loss depending on how the cases go.

Cited: Annual securities report (FY Apr 2025–Mar 2026) (経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析); Annual securities report (FY Apr 2025–Mar 2026) (事業等のリスク)

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第102期(2025/04/01－2026/03/31) | S100YAY4 | 2026-06-12 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YAY4,, |
| 有価証券報告書－第101期(2024/04/01－2025/03/31) | S100VYGC | 2025-06-17 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100VYGC,, |
| 有価証券報告書－第100期(2023/04/01－2024/03/31) | S100TP60 | 2024-06-21 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100TP60,, |
| 有価証券報告書－第99期(2022/04/01－2023/03/31) | S100R2ES | 2023-06-23 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100R2ES,, |
| 有価証券報告書－第98期(令和3年4月1日－令和4年3月31日) | S100OE5O | 2022-06-24 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100OE5O,, |
| 有価証券報告書－第97期(令和2年4月1日－令和3年3月31日) | S100LO78 | 2021-06-24 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100LO78,, |

## Key alliances (from the filing's material contracts)

| Partner | Type | Description | Source |
| --- | ---: | ---: | ---: |
| JX金属 | Joint venture | 合弁会社PPCでの銅製錬事業の業務提携 | S100YINW |
| ユニチカ | Joint venture | ナイロン6同時二軸延伸フィルムを製造販売する合弁会社（インドネシア、P.T.EMBLEM ASIA） | S100YJHA |
| 日清オイリオグループ | Capital alliance | 大株主の丸紅と原料調達・生産・販売・物流で協力（取締役1名の指名権の合意） | S100YB17 |

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).