Nihon DenkeiNIHON DENKEI CO.,LTD.9908東証スタンダード卸売業FY ending Mar 2026, consolidated, J-GAAP
Out of every ¥100 of sales, about ¥4 is left as operating profit. Revenue changed +9.8% from the prior year, operating profit +4.9%.
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 | 2.5% | 1.62× | 4.0% | 2.57× | 10.2% |
| 2023 | 2.8% | 1.74× | 4.8% | 2.63× | 12.7% |
| 2024 | 2.7% | 1.67× | 4.5% | 2.64× | 11.9% |
| 2025 | 2.5% | 1.73× | 4.2% | 2.64× | 11.2% |
| 2026 | 2.7% | 1.74× | 4.8% | 2.66× | 12.7% |
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
Track R&D investment and how long operating capital remains tied up before sales turn into cash.
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.
| Item | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
|---|---|---|---|---|---|
| Revenue | 91,857 | 104,778 | 108,539 | 121,235 | 133,149 |
| Cost of revenue | 80,405 | 90,985 | 93,074 | 104,301 | 114,679 |
| Gross profit | 11,453 | 13,793 | 15,465 | 16,935 | 18,469 |
| SG&A | 8,788 | 10,053 | 11,034 | 12,197 | 13,497 |
| Operating income | 2,665 | 3,740 | 4,431 | 4,738 | 4,972 |
| Pretax income | 3,235 | 4,023 | 4,867 | 4,742 | 5,115 |
| Income tax | 1,007 | 1,154 | 1,931 | 1,738 | 1,569 |
| Net income attributable to owners | 2,252 | 2,905 | 2,948 | 2,973 | 3,651 |
| Operating margin | 2.9% | 3.6% | 4.1% | 3.9% | 3.7% |
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 | ¥7.8B | ¥8.12B | ¥7.61B | ¥9.9B | ¥7.85B |
| Total assets | ¥56.6B | ¥64.1B | ¥66.1B | ¥74B | ¥78.8B |
| Net assets | ¥23.8B | ¥26B | ¥28.2B | ¥30.7B | ¥33.4B |
| Share capital | ¥1.16B | ¥1.16B | ¥1.16B | ¥1.16B | ¥1.16B |
| Trade receivables | ¥31.2B | ¥34.8B | ¥35.9B | ¥41.8B | ¥46.3B |
| Property, plant and equipment | ¥5.42B | ¥6.3B | ¥6.21B | ¥5.3B | ¥5.26B |
| Intangible assets excluding goodwill | ¥279.1M | ¥397.8M | ¥404.8M | ¥493M | ¥400.4M |
| Goodwill | — | — | — | ¥124.1M | ¥101.6M |
| Investment securities | ¥1.4B | ¥1.44B | ¥1.71B | ¥1.65B | ¥2.02B |
| Current assets | ¥48.7B | ¥55.1B | ¥56.7B | ¥65.5B | ¥70.4B |
| Current liabilities | ¥28.9B | ¥34.6B | ¥36B | ¥40.1B | ¥41.9B |
| Trade payables | ¥18B | ¥19.8B | ¥20.6B | ¥21.1B | ¥20B |
| Short-term borrowings | ¥7.97B | ¥11.1B | ¥11.1B | ¥12.4B | ¥15.2B |
| Long-term borrowings | ¥3.65B | ¥3.19B | ¥1.07B | ¥2.44B | ¥2.62B |
| Total liabilities | ¥32.8B | ¥38.1B | ¥37.9B | ¥43.3B | ¥45.4B |
| Non-controlling interests | ¥752.8M | ¥762.4M | ¥787.7M | ¥807.6M | ¥585.9M |
| Equity attributable to owners of parent | ¥22.1B | ¥23.8B | ¥25.6B | ¥27.4B | ¥30B |
| Retained earnings | ¥19.5B | ¥21.6B | ¥23.6B | ¥25.6B | ¥28.2B |
| Treasury stock | -¥31.4M | -¥325.6M | -¥642.1M | -¥773.3M | -¥809.4M |
EDINET (FSA Japan)
有価証券報告書－第81期(2025/04/01－2026/03/31)
EDINET (FSA Japan)
訂正有価証券報告書－第80期(2024/04/01－2025/03/31)
EDINET (FSA Japan)
有価証券報告書－第79期(2023/04/01－2024/03/31)
EDINET (FSA Japan)
有価証券報告書－第78期(2022/04/01－2023/03/31)
EDINET (FSA Japan)
有価証券報告書－第77期(令和3年4月1日－令和4年3月31日)
EDINET (FSA Japan)
有価証券報告書－第76期(令和2年4月1日－令和3年3月31日)
Extracted from XBRL: 55 / Derived from other figures: 1
Spotted an error? Report it (corrections keep the original record)
Markdown with figures, units, periods and sources, ready to paste into ChatGPT or Claude.