MEITEC Group HoldingsMEITEC Group Holdings Inc.9744東証プライムサービス業FY ending Mar 2026, consolidated, J-GAAP

MEITEC Group Holdings revenue and profit

Out of every ¥100 of sales, about ¥14 is left as operating profit. Revenue changed +3.5% from the prior year, operating profit +5.7%.

Five-year trend

Revenue¥137.7B
FY ending Mar 2022: ¥107.1B¥107.1BFY ending Mar 2023: ¥119.1B¥119.1BFY ending Mar 2024: ¥127B¥127BFY ending Mar 2025: ¥133.1B¥133.1BFY ending Mar 2026: ¥137.7B¥137.7BFY22FY23FY24FY25FY26
Operating income¥19.9B
FY ending Mar 2022: ¥12.8B¥12.8BFY ending Mar 2023: ¥16.5B¥16.5BFY ending Mar 2024: ¥17.7B¥17.7BFY ending Mar 2025: ¥18.8B¥18.8BFY ending Mar 2026: ¥19.9B¥19.9BFY22FY23FY24FY25FY26
Operating margin14.5%
FY ending Mar 2022: 12.0%12.0%FY ending Mar 2023: 13.8%13.8%FY ending Mar 2024: 13.9%13.9%FY ending Mar 2025: 14.2%14.2%FY ending Mar 2026: 14.5%14.5%FY22FY23FY24FY25FY26

What drives ROE

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

Net margin10.9%
Asset turnover1.50×
ROA16.4%
ROA16.4%
Financial leverage1.90×
ROE31.2%

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

Net margin10.9%
2022: 8.6%8.6%2023: 10.3%10.3%2024: 9.7%9.7%2025: 9.6%9.6%2026: 10.9%10.9%2223242526
Asset turnover1.50×
2022: 1.31×1.31×2023: 1.43×1.43×2024: 1.45×1.45×2025: 1.44×1.44×2026: 1.50×1.50×2223242526
ROA16.4%
2022: 11.3%11.3%2023: 14.7%14.7%2024: 14.1%14.1%2025: 13.8%13.8%2026: 16.4%16.4%2223242526
Financial leverage1.90×
2022: 1.76×1.76×2023: 1.77×1.77×2024: 1.83×1.83×2025: 1.91×1.91×2026: 1.90×1.90×2223242526
ROE31.2%
2022: 19.9%19.9%2023: 26.0%26.0%2024: 25.8%25.8%2025: 26.4%26.4%2026: 31.2%31.2%2223242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
20228.6%1.31×11.3%1.76×19.9%
202310.3%1.43×14.7%1.77×26.0%
20249.7%1.45×14.1%1.83×25.8%
20259.6%1.44×13.8%1.91×26.4%
202610.9%1.50×16.4%1.90×31.2%

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 ÷ revenue2.7%
2021: 5.3%5.3%2022: 4.7%4.7%2023: 4.0%4.0%2024: 3.7%3.7%2025: 3.2%3.2%2026: 2.7%2.7%212223242526
PPE ÷ total assets4.1%
2021: 6.8%6.8%2022: 6.1%6.1%2023: 5.7%5.7%2024: 5.1%5.1%2025: 4.5%4.5%2026: 4.1%4.1%212223242526

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

Investment and working-capital efficiency

Track R&D investment and how long operating capital remains tied up before sales turn into cash.

Receivable days49d
2021: 55d55d2022: 55d55d2023: 53d53d2024: 52d52d2025: 50d50d2026: 49d49d212223242526

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.

Income statement (JPY millions)

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Revenue107,140119,069126,976133,068137,686
Cost of revenue78,91786,36092,74197,135101,394
Gross profit28,22332,70834,23435,93336,291
SG&A15,40516,24516,57317,10216,388
Operating income12,81716,46217,66018,83019,903
Pretax income12,94216,53717,66018,29020,636
Income tax3,7014,2855,3175,5505,584
Net income attributable to owners9,24012,25212,34312,74015,051
Operating margin12.0%13.8%13.9%14.2%14.5%

Balance sheet (reported items)

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

Assets

Cash 59%
Receivables 21%
4%
0%
0%
Other assets 16%

Funding

Other liabilities 46%
Equity 54%
0%

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

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Cash and equivalents¥49.7B¥51B¥52.7B¥53B¥52.8B
Total assets¥81.6B¥84.6B¥90.8B¥93.6B¥89.8B
Net assets¥45.3B¥46.7B¥47.7B¥48.8B¥48.8B
Share capital¥5B¥5B¥5B¥5B¥5B
Trade receivables¥16.1B¥17.4B¥18.2B¥18.1B¥18.5B
Property, plant and equipment¥5B¥4.79B¥4.66B¥4.25B¥3.69B
Intangible assets excluding goodwill¥345M¥369M¥403M¥312M¥145M
Investment securities¥27M¥27M¥27M¥27M¥27M
Current assets¥66.9B¥69.5B¥74.8B¥77B¥72.8B
Current liabilities¥19.7B¥20.8B¥25.8B¥28B¥24.5B
Total liabilities¥36.3B¥37.9B¥43.1B¥44.8B¥41B
Equity attributable to owners of parent¥46.5B¥47.7B¥48.1B¥48.5B¥48.1B
Retained earnings¥44.9B¥49.2B¥43.6B¥43.9B¥43.6B
Treasury stock-¥7.04B-¥7.79B-¥1.69B-¥1.69B-¥1.69B

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    有価証券報告書-第53期(2025/04/01-2026/03/31)

    ID S100YE6X2026-06-22Open
  • EDINET (FSA Japan)

    有価証券報告書-第52期(2024/04/01-2025/03/31)

    ID S100VYUN2025-06-18Open
  • EDINET (FSA Japan)

    有価証券報告書-第51期(2023/04/01-2024/03/31)

    ID S100TOIC2024-06-21Open
  • EDINET (FSA Japan)

    訂正有価証券報告書-第50期(2022/04/01-2023/03/31)

    ID S100REHS2023-07-14Open
  • EDINET (FSA Japan)

    有価証券報告書-第49期(令和3年4月1日-令和4年3月31日)

    ID S100OBPZ2022-06-22Open
  • EDINET (FSA Japan)

    有価証券報告書-第48期(令和2年4月1日-令和3年3月31日)

    ID S100LM792021-06-23Open

Extracted from XBRL: 45 / Derived from other figures: 1

Spotted an error? Report it (corrections keep the original record)

Analyze this page with AI

Markdown with figures, units, periods and sources, ready to paste into ChatGPT or Claude.