NextageNEXTAGE Co., Ltd.3186東証プライム小売業FY ending Nov 2025, consolidated, J-GAAP
Out of every ¥100 of sales, about ¥3 is left as operating profit. Revenue changed +18.0% from the prior year, operating profit +51.4%.
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 | 3.3% | 2.62× | 8.7% | 2.66× | 23.2% |
| 2022 | 3.3% | 3.07× | 10.2% | 2.77× | 28.3% |
| 2023 | 2.5% | 2.74× | 6.8% | 2.75× | 18.8% |
| 2024 | 1.4% | 2.77× | 4.0% | 2.86× | 11.5% |
| 2025 | 2.0% | 2.90× | 5.7% | 2.95× | 16.8% |
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 Nov 2021 | FY ending Nov 2022 | FY ending Nov 2023 | FY ending Nov 2024 | FY ending Nov 2025 |
|---|---|---|---|---|---|
| Revenue | 291,263 | 418,117 | 463,464 | 552,778 | 652,072 |
| Cost of revenue | 234,532 | 344,088 | 376,636 | 454,109 | 539,907 |
| Gross profit | 56,731 | 74,028 | 86,827 | 98,668 | 112,165 |
| SG&A | 43,093 | 54,580 | 70,743 | 85,725 | 92,567 |
| Operating income | 13,637 | 19,448 | 16,084 | 12,943 | 19,597 |
| Pretax income | 13,301 | 18,765 | 15,533 | 11,204 | 17,600 |
| Income tax | 3,638 | 4,879 | 3,976 | 3,198 | 4,788 |
| Net income attributable to owners | 9,663 | 13,886 | 11,556 | 8,006 | 12,811 |
| Operating margin | 4.7% | 4.7% | 3.5% | 2.3% | 3.0% |
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 Nov 2021 | FY ending Nov 2022 | FY ending Nov 2023 | FY ending Nov 2024 | FY ending Nov 2025 |
|---|---|---|---|---|---|
| Cash and equivalents | ¥22.7B | ¥19.8B | ¥29.6B | ¥35.6B | ¥17.5B |
| Total assets | ¥111B | ¥161.3B | ¥177.5B | ¥222.3B | ¥226.8B |
| Net assets | ¥41.6B | ¥56.3B | ¥66.5B | ¥72.7B | ¥79.2B |
| Share capital | ¥7.96B | ¥8.04B | ¥8.08B | ¥8.13B | ¥8.18B |
| Property, plant and equipment | ¥29.7B | ¥40.8B | ¥56.7B | ¥71.6B | ¥70.6B |
| Intangible assets excluding goodwill | ¥722M | ¥668M | ¥646M | ¥4.53B | ¥4.5B |
| Goodwill | — | — | ¥4M | ¥2.52B | ¥2.33B |
| Investment securities | ¥82M | ¥84M | ¥74M | ¥67M | ¥52M |
| Current assets | ¥74.9B | ¥111.2B | ¥108.6B | ¥132.5B | ¥136.3B |
| Current liabilities | ¥28B | ¥52.7B | ¥58.6B | ¥67B | ¥73.9B |
| Short-term borrowings | ¥6.46B | ¥20.9B | ¥22.1B | ¥19.7B | ¥7.97B |
| Long-term borrowings | ¥39.1B | ¥48B | ¥47.3B | ¥69.7B | ¥61.2B |
| Bonds | — | — | — | ¥5B | ¥5B |
| Interest-bearing debt | — | — | — | ¥94.4Bderived | ¥74.2Bderived |
| Total liabilities | ¥69.4B | ¥105B | ¥111B | ¥149.5B | ¥147.6B |
| Equity attributable to owners of parent | ¥41.7B | ¥56.5B | ¥66.7B | ¥72.9B | ¥79.3B |
| Retained earnings | ¥26.7B | ¥36.5B | ¥46.2B | ¥51.6B | ¥61.7B |
| Treasury stock | -¥3.33B | -¥1.62B | -¥1.1B | -¥461M | -¥4.19B |
EDINET (FSA Japan)
有価証券報告書－第27期(2024/12/01－2025/11/30)
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有価証券報告書－第26期(2023/12/01－2024/11/30)
EDINET (FSA Japan)
有価証券報告書－第25期(2022/12/01－2023/11/30)
EDINET (FSA Japan)
有価証券報告書－第24期(2021/12/01－2022/11/30)
EDINET (FSA Japan)
有価証券報告書－第23期(令和2年12月1日－令和3年11月30日)
EDINET (FSA Japan)
有価証券報告書－第22期(令和1年12月1日－令和2年11月30日)
Extracted from XBRL: 50 / Derived from other figures: 2
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