Next Generation Technology GroupNext Generation Technology Group Inc.319A東証グロースサービス業FY ending Dec 2025, consolidated, J-GAAP

Next Generation Technology Group revenue and profit

Out of every ¥100 of sales, about ¥9 is left as operating profit. Revenue changed +35.4% from the prior year, operating profit -5.6%.

Five-year trend

Revenue¥15B
FY ending Dec 2023: ¥9.33B¥9.33BFY ending Dec 2024: ¥11.1B¥11.1BFY ending Dec 2025: ¥15B¥15BFY23FY24FY25
Operating income¥1.43B
FY ending Dec 2023: ¥879M¥879MFY ending Dec 2024: ¥1.52B¥1.52BFY ending Dec 2025: ¥1.43B¥1.43BFY23FY24FY25
Operating margin9.6%
FY ending Dec 2023: 9.4%9.4%FY ending Dec 2024: 13.7%13.7%FY ending Dec 2025: 9.6%9.6%FY23FY24FY25

What drives ROE

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

Net margin20.7%
Asset turnover0.65×
ROA13.4%
ROA13.4%
Financial leverage3.70×
ROE49.5%

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

Net margin20.7%
2023: 17.3%17.3%2024: 8.2%8.2%2025: 20.7%20.7%232425
Asset turnover0.65×
2023: 0.63×0.63×2024: 0.73×0.73×2025: 0.65×0.65×232425
ROA13.4%
2023: 10.9%10.9%2024: 6.0%6.0%2025: 13.4%13.4%232425
Financial leverage3.70×
2023: 4.97×4.97×2024: 4.45×4.45×2025: 3.70×3.70×232425
ROE49.5%
2023: 54.3%54.3%2024: 26.6%26.6%2025: 49.5%49.5%232425
PeriodNet marginAsset turnoverROAFinancial leverageROE
202317.3%0.63×10.9%4.97×54.3%
20248.2%0.73×6.0%4.45×26.6%
202520.7%0.65×13.4%3.70×49.5%

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 ÷ revenue56.1%
2023: 53.0%53.0%2024: 44.8%44.8%2025: 56.1%56.1%232425
PPE ÷ total assets27.2%
2023: 33.5%33.5%2024: 32.1%32.1%2025: 27.2%27.2%232425
Goodwill ÷ parent equity34.7%
2023: 35.6%35.6%2024: 21.9%21.9%2025: 34.7%34.7%232425
Goodwill balance¥3.01B
2023: ¥1.06B¥1.06B2024: ¥835M¥835M2025: ¥3.01B¥3.01B232425

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.

R&D spending¥10M
2024: ¥24M¥24M2025: ¥10M¥10M232425
R&D / revenue0.1%
2024: 0.2%0.2%2025: 0.1%0.1%232425
Payable days35d
2023: 25d25d2024: 30d30d2025: 35d35d232425

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 Dec 2023FY ending Dec 2024FY ending Dec 2025
Revenue9,32711,05114,961
Cost of revenue6,9267,91010,722
Gross profit2,4013,1414,238
SG&A1,5221,6242,806
Operating income8791,5171,432
Pretax income1,9791,4633,730
Income tax366561639
Net income attributable to owners1,6139013,091
Operating margin9.4%13.7%9.6%

Balance sheet (reported items)

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

Assets

Cash 29%
Property, plant and equipment 27%
Intangibles and goodwill 20%
2%
Other assets 22%

Funding

3%
Interest-bearing debt 45%
Other liabilities 22%
Equity 30%

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

ItemFY ending Dec 2023FY ending Dec 2024FY ending Dec 2025
Cash and equivalents¥4.4B¥5.57B¥8.96B
Total assets¥14.7B¥15.4B¥30.8B
Net assets¥3.11B¥4B¥9.21B
Share capital¥55M¥55M¥10M
Property, plant and equipment¥4.95B¥4.96B¥8.4B
Intangible assets excluding goodwill¥1.08B¥859M¥3.08B
Goodwill¥1.06B¥835M¥3.01B
Investment securities¥400M¥296M¥720M
Current assets¥7.63B¥8.8B¥16.9B
Current liabilities¥5.08B¥5.04B¥9.31B
Trade payables¥471M¥645M¥1.02B
Short-term borrowings¥1.8B¥1.98B¥3.41B
Long-term borrowings¥5.68B¥5.24B¥10.3B
Bonds—¥41M¥26M
Interest-bearing debt—¥7.26Bderived¥13.7Bderived
Total liabilities¥11.6B¥11.4B¥21.6B
Non-controlling interests¥100M¥100M¥100M
Equity attributable to owners of parent¥2.97B¥3.82B¥8.68B
Retained earnings¥2.73B¥3.58B¥6.67B
Treasury stock——¥0

Sources

Show source documents (2)
  • EDINET (FSA Japan)

    有価証券報告書-第8期(2025/01/01-2025/12/31)

    ID S100XV9V2026-03-30Open
  • EDINET (FSA Japan)

    有価証券報告書-第7期(2024/01/01-2024/12/31)

    ID S100VG4Y2025-03-28Open

Extracted from XBRL: 50 / Derived from other figures: 2

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