Meiji Shipping GroupMEIJI SHIPPING GROUP CO.,LTD.9115東証スタンダード海運業FY ending Mar 2026, consolidated, J-GAAP
Out of every ¥100 of sales, about ¥6 is left as operating profit. Revenue changed -9.3% from the prior year, operating profit -66.3%.
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 |
|---|---|---|---|---|---|
| 2022 | 7.2% | 0.19× | 1.4% | 11.87× | 16.4% |
| 2023 | 11.1% | 0.23× | 2.5% | 11.00× | 27.6% |
| 2024 | 8.0% | 0.24× | 1.9% | 9.49× | 17.9% |
| 2025 | 4.2% | 0.24× | 1.0% | 8.67× | 8.6% |
| 2026 | 7.0% | 0.21× | 1.5% | 8.07× | 11.9% |
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 Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
|---|---|---|---|---|---|
| Revenue | 45,815 | 58,062 | 65,018 | 67,544 | 61,272 |
| Cost of revenue | 37,342 | 44,900 | 48,648 | 51,141 | 51,684 |
| Gross profit | 8,473 | 13,162 | 16,370 | 16,403 | 9,587 |
| SG&A | 4,072 | 4,397 | 4,971 | 5,388 | 5,880 |
| Operating income | 4,402 | 8,765 | 11,399 | 11,014 | 3,707 |
| Pretax income | 7,133 | 13,879 | 13,223 | 9,131 | 11,727 |
| Income tax | 1,461 | 1,992 | 480 | 2,461 | 2,895 |
| Net income attributable to owners | 3,278 | 6,439 | 5,189 | 2,812 | 4,314 |
| Operating margin | 9.6% | 15.1% | 17.5% | 16.3% | 6.1% |
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 Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
|---|---|---|---|---|---|
| Cash and equivalents | ¥23.1B | ¥27B | ¥37.7B | ¥47.9B | ¥54.9B |
| Total assets | ¥237.6B | ¥274.9B | ¥276.5B | ¥293.3B | ¥292.8B |
| Net assets | ¥47.4B | ¥68.4B | ¥81.4B | ¥91.2B | ¥97.7B |
| Share capital | ¥1.8B | ¥1.8B | ¥1.8B | ¥1.8B | ¥1.8B |
| Property, plant and equipment | ¥196.4B | ¥219.8B | ¥207.4B | ¥201.4B | ¥185.7B |
| Intangible assets excluding goodwill | ¥107.3M | ¥84M | ¥92.9M | ¥117.4M | ¥1.31B |
| Investment securities | ¥8.98B | ¥11.5B | ¥15B | ¥26.7B | ¥35B |
| Current assets | ¥28.2B | ¥34.1B | ¥45.9B | ¥56.3B | ¥63.7B |
| Current liabilities | ¥37.5B | ¥47.7B | ¥43.6B | ¥57B | ¥57.6B |
| Short-term borrowings | ¥28.7B | ¥34.8B | ¥30.8B | ¥40.1B | ¥37.8B |
| Long-term borrowings | ¥144.1B | ¥146B | ¥136.4B | ¥125.5B | ¥118.5B |
| Bonds | ¥418M | ¥178M | ¥45M | — | — |
| Interest-bearing debt | ¥173.2Bderived | ¥180.9Bderived | ¥167.2Bderived | — | — |
| Total liabilities | ¥190.2B | ¥206.5B | ¥195B | ¥202.1B | ¥195.1B |
| Non-controlling interests | ¥23.4B | ¥33.1B | ¥38.6B | ¥43.5B | ¥44.4B |
| Equity attributable to owners of parent | ¥20B | ¥26.6B | ¥31.5B | ¥34.2B | ¥38.4B |
| Retained earnings | ¥18.3B | ¥24.5B | ¥29.5B | ¥32.1B | ¥36.3B |
| Treasury stock | -¥581.1M | -¥420.7M | -¥559.1M | -¥507.5M | -¥475.9M |
EDINET (FSA Japan)
有価証券報告書－第172期(2025/04/01－2026/03/31)
EDINET (FSA Japan)
有価証券報告書－第171期(2024/04/01－2025/03/31)
EDINET (FSA Japan)
有価証券報告書－第170期(2023/04/01－2024/03/31)
EDINET (FSA Japan)
有価証券報告書－第169期(2022/04/01－2023/03/31)
EDINET (FSA Japan)
訂正有価証券報告書－第168期(2021/04/01－2022/03/31)
EDINET (FSA Japan)
有価証券報告書－第167期(令和2年4月1日－令和3年3月31日)
Extracted from XBRL: 50 / Derived from other figures: 1
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