NANSO TransportNANSO Transport Co., Ltd.9034東証スタンダード陸運業FY ending Mar 2026, consolidated, J-GAAP

NANSO Transport revenue and profit

Out of every ¥100 of sales, about ¥12 is left as operating profit. Revenue changed +2.4% from the prior year, operating profit +0.0%.

Five-year trend

Revenue¥16.5B
FY ending Mar 2022: ¥14.3B¥14.3BFY ending Mar 2023: ¥14.4B¥14.4BFY ending Mar 2024: ¥15.5B¥15.5BFY ending Mar 2025: ¥16.1B¥16.1BFY ending Mar 2026: ¥16.5B¥16.5BFY22FY23FY24FY25FY26
Operating income¥2.02B
FY ending Mar 2022: ¥1.48B¥1.48BFY ending Mar 2023: ¥1.59B¥1.59BFY ending Mar 2024: ¥1.96B¥1.96BFY ending Mar 2025: ¥2.02B¥2.02BFY ending Mar 2026: ¥2.02B¥2.02BFY22FY23FY24FY25FY26
Operating margin12.2%
FY ending Mar 2022: 10.4%10.4%FY ending Mar 2023: 11.0%11.0%FY ending Mar 2024: 12.6%12.6%FY ending Mar 2025: 12.5%12.5%FY ending Mar 2026: 12.2%12.2%FY22FY23FY24FY25FY26

What drives ROE

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

Net margin8.2%
Asset turnover0.49×
ROA4.0%
ROA4.0%
Financial leverage1.53×
ROE6.1%

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

Net margin8.2%
2022: 7.2%7.2%2023: 7.5%7.5%2024: 10.2%10.2%2025: 8.5%8.5%2026: 8.2%8.2%2223242526
Asset turnover0.49×
2022: 0.44×0.44×2023: 0.43×0.43×2024: 0.44×0.44×2025: 0.47×0.47×2026: 0.49×0.49×2223242526
ROA4.0%
2022: 3.1%3.1%2023: 3.2%3.2%2024: 4.5%4.5%2025: 4.0%4.0%2026: 4.0%4.0%2223242526
Financial leverage1.53×
2022: 1.68×1.68×2023: 1.70×1.70×2024: 1.68×1.68×2025: 1.59×1.59×2026: 1.53×1.53×2223242526
ROE6.1%
2022: 5.3%5.3%2023: 5.5%5.5%2024: 7.6%7.6%2025: 6.4%6.4%2026: 6.1%6.1%2223242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
20227.2%0.44×3.1%1.68×5.3%
20237.5%0.43×3.2%1.70×5.5%
202410.2%0.44×4.5%1.68×7.6%
20258.5%0.47×4.0%1.59×6.4%
20268.2%0.49×4.0%1.53×6.1%

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 ÷ revenue162.5%
2021: 184.9%184.9%2022: 176.4%176.4%2023: 186.1%186.1%2024: 168.6%168.6%2025: 163.1%163.1%2026: 162.5%162.5%212223242526
PPE ÷ total assets77.8%
2021: 78.3%78.3%2022: 76.9%76.9%2023: 77.4%77.4%2024: 74.2%74.2%2025: 78.5%78.5%2026: 77.8%77.8%212223242526

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 Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Revenue14,29914,42415,48016,10616,499
Cost of revenue—————
Gross profit—————
SG&A—————
Operating income1,4811,5931,9582,0182,019
Pretax income1,5031,5932,3152,0102,016
Income tax470511732639663
Net income attributable to owners1,0331,0821,5831,3711,353
Operating margin10.4%11.0%12.6%12.5%12.2%

Balance sheet (reported items)

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

Assets

Cash 10%
Property, plant and equipment 78%
0%
2%
Other assets 10%

Funding

Other liabilities 33%
Equity 67%

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¥3.85B¥4.02B¥5.1B¥3.19B¥3.53B
Total assets¥32.8B¥34.7B¥35.2B¥33.5B¥34.5B
Net assets¥19.7B¥20.4B¥21.7B¥22B¥22.9B
Share capital¥538.5M¥538.5M¥538.5M¥538.5M¥538.5M
Property, plant and equipment¥25.2B¥26.8B¥26.1B¥26.3B¥26.8B
Intangible assets excluding goodwill¥108.1M¥78.2M¥71.2M¥57.9M¥58.8M
Investment securities¥472.1M¥480.3M¥531.6M¥505.7M¥620.5M
Current assets¥6.41B¥6.67B¥7.92B¥6.06B¥6.42B
Current liabilities¥4.8B¥5.3B¥5.55B¥4.33B¥4.65B
Short-term borrowings¥1.7B¥1.75B¥1.65B¥870M¥1.19B
Long-term borrowings¥7.25B¥7.85B¥6.91B¥6.2B¥5.92B
Total liabilities¥13.1B¥14.3B¥13.5B¥11.5B¥11.5B
Non-controlling interests¥15K¥19K¥19K¥15K¥11K
Equity attributable to owners of parent¥19.5B¥20.2B¥21.4B¥21.7B¥22.6B
Retained earnings¥18.5B¥19.2B¥20.4B¥21.3B¥22.1B
Treasury stock-¥15M-¥15.1M-¥15.2M-¥592.4M-¥569.1M

Sources

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

    有価証券報告書-第117期(2025/04/01-2026/03/31)

    ID S100YK2X2026-06-25Open
  • EDINET (FSA Japan)

    有価証券報告書-第116期(2024/04/01-2025/03/31)

    ID S100W6AR2025-06-27Open
  • EDINET (FSA Japan)

    有価証券報告書-第115期(2023/04/01-2024/03/31)

    ID S100TVI02024-06-28Open
  • EDINET (FSA Japan)

    有価証券報告書-第114期(2022/04/01-2023/03/31)

    ID S100R96Y2023-06-30Open
  • EDINET (FSA Japan)

    訂正有価証券報告書-第113期(2021/04/01-2022/03/31)

    ID S100Q3C12023-02-06Open
  • EDINET (FSA Japan)

    有価証券報告書-第112期(令和2年4月1日-令和3年3月31日)

    ID S100LRV52021-06-28Open

Extracted from XBRL: 47 / Derived from other figures: 1

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