MasaruMASARU CORPORATION1795東証スタンダード建設業FY ending Sep 2025, consolidated, J-GAAP
Out of every ¥100 of sales, about ¥6 is left as operating profit. Revenue changed +19.0% from the prior year, operating profit +56.6%.
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 | 4.1% | 1.05× | 4.3% | 1.70× | 7.4% |
| 2022 | 2.8% | 1.00× | 2.7% | 1.58× | 4.3% |
| 2023 | 4.0% | 1.23× | 4.9% | 1.53× | 7.5% |
| 2024 | 3.1% | 1.12× | 3.5% | 1.65× | 5.7% |
| 2025 | 3.8% | 1.24× | 4.7% | 1.69× | 8.0% |
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
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 Sep 2021 | FY ending Sep 2022 | FY ending Sep 2023 | FY ending Sep 2024 | FY ending Sep 2025 |
|---|---|---|---|---|---|
| Revenue | 7,794 | 6,960 | 8,635 | 8,948 | 10,648 |
| Cost of revenue | 6,349 | 5,733 | 6,900 | 7,159 | 8,418 |
| Gross profit | 1,445 | 1,226 | 1,736 | 1,789 | 2,230 |
| SG&A | 1,038 | 1,028 | 1,231 | 1,381 | 1,592 |
| Operating income | 407 | 199 | 504 | 408 | 638 |
| Pretax income | 418 | 313 | 522 | 421 | 619 |
| Income tax | 97 | 121 | 178 | 144 | 214 |
| Net income attributable to owners | 322 | 191 | 345 | 277 | 405 |
| Operating margin | 5.2% | 2.9% | 5.8% | 4.6% | 6.0% |
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 Sep 2021 | FY ending Sep 2022 | FY ending Sep 2023 | FY ending Sep 2024 | FY ending Sep 2025 |
|---|---|---|---|---|---|
| Cash and equivalents | ¥2.22B | ¥1.8B | ¥1.87B | ¥2.28B | ¥3.29B |
| Total assets | ¥7.42B | ¥6.54B | ¥7.54B | ¥8.39B | ¥8.81B |
| Net assets | ¥4.37B | ¥4.45B | ¥4.75B | ¥4.94B | ¥5.28B |
| Share capital | ¥885.7M | ¥885.7M | ¥885.7M | ¥885.7M | ¥885.7M |
| Property, plant and equipment | ¥1.16B | ¥1.06B | ¥1.04B | ¥1.2B | ¥1.21B |
| Intangible assets excluding goodwill | ¥31.6M | ¥22.2M | ¥12.4M | ¥423.6M | ¥339.1M |
| Goodwill | — | — | — | ¥415.6M | ¥328.1M |
| Investment securities | ¥119.8M | ¥92.7M | ¥97.2M | ¥121M | ¥165.4M |
| Current assets | ¥5.71B | ¥5.04B | ¥5.91B | ¥6.11B | ¥6.55B |
| Current liabilities | ¥2.84B | ¥1.93B | ¥2.64B | ¥2.6B | ¥2.83B |
| Short-term borrowings | ¥25M | — | — | — | — |
| Long-term borrowings | ¥158.8M | ¥119.7M | ¥101.4M | ¥204.1M | ¥127.5M |
| Bonds | — | — | — | ¥606M | ¥510M |
| Total liabilities | ¥3.04B | ¥2.09B | ¥2.79B | ¥3.45B | ¥3.53B |
| Equity attributable to owners of parent | ¥4.37B | ¥4.47B | ¥4.76B | ¥4.93B | ¥5.23B |
| Retained earnings | ¥2.31B | ¥2.39B | ¥2.66B | ¥2.82B | ¥3.11B |
| Treasury stock | -¥83.9M | -¥72.3M | -¥58.7M | -¥44.6M | -¥34.1M |
EDINET (FSA Japan)
有価証券報告書－第70期(2024/10/01－2025/09/30)
EDINET (FSA Japan)
有価証券報告書－第69期(2023/10/01－2024/09/30)
EDINET (FSA Japan)
有価証券報告書－第68期(2022/10/01－2023/09/30)
EDINET (FSA Japan)
有価証券報告書－第67期(令和3年10月1日－令和4年9月30日)
EDINET (FSA Japan)
有価証券報告書－第66期(令和2年10月1日－令和3年9月30日)
EDINET (FSA Japan)
有価証券報告書－第65期(令和1年10月1日－令和2年9月30日)
Extracted from XBRL: 49 / Derived from other figures: 1
Spotted an error? Report it (corrections keep the original record)
Markdown with figures, units, periods and sources, ready to paste into ChatGPT or Claude.