Nihon House HoldingsNIHON HOUSE HOLDINGS CO., LTD.1873東証プライム建設業FY ending Apr 2026, consolidated, J-GAAP

Nihon House Holdings revenue and profit

Out of every ¥100 of sales, about ¥8 is left as operating profit. Revenue changed -15.3% from the prior year, operating profit +1.9%.

Five-year trend

Revenue¥29.6B
FY ending Oct 2023: ¥39.1B¥39.1BFY ending Apr 2024: ¥12.9B¥12.9BFY ending Apr 2025: ¥35B¥35BFY ending Apr 2026: ¥29.6B¥29.6BFY23FY24FY25FY26
Operating income¥2.38B
FY ending Oct 2023: ¥973M¥973MFY ending Apr 2024: -¥1.27B-¥1.27BFY ending Apr 2025: ¥2.33B¥2.33BFY ending Apr 2026: ¥2.38B¥2.38BFY23FY24FY25FY26
Operating margin8.0%
FY ending Oct 2023: 2.5%2.5%FY ending Apr 2024: -9.9%-9.9%FY ending Apr 2025: 6.7%6.7%FY ending Apr 2026: 8.0%8.0%FY23FY24FY25FY26

What drives ROE

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

Net margin4.5%
Asset turnover0.68×
ROA3.1%
ROA3.1%
Financial leverage1.97×
ROE6.1%

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

Net margin4.5%
2025: 3.2%3.2%2026: 4.5%4.5%23242526
Asset turnover0.68×
2025: 0.82×0.82×2026: 0.68×0.68×23242526
ROA3.1%
2023: -0.1%-0.1%2024: -2.9%-2.9%2025: 2.7%2.7%2026: 3.1%3.1%23242526
Financial leverage1.97×
2025: 2.02×2.02×2026: 1.97×1.97×23242526
ROE6.1%
2025: 5.4%5.4%2026: 6.1%6.1%23242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
2023——×-0.1%—×—
2024——×-2.9%—×—
20253.2%0.82×2.7%2.02×5.4%
20264.5%0.68×3.1%1.97×6.1%

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 ÷ revenue84.6%
2023: 70.9%70.9%2024: 210.8%210.8%2025: 74.4%74.4%2026: 84.6%84.6%23242526
PPE ÷ total assets56.5%
2023: 63.4%63.4%2024: 62.9%62.9%2025: 61.4%61.4%2026: 56.5%56.5%23242526

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¥3M
2024: ¥1M¥1M2025: ¥3M¥3M2026: ¥3M¥3M23242526
R&D / revenue0.0%
2024: 0.0%0.0%2025: 0.0%0.0%2026: 0.0%0.0%23242526

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 Oct 2023FY ending Apr 2024FY ending Apr 2025FY ending Apr 2026
Revenue39,10312,89034,98029,618
Cost of revenue25,1618,17520,27916,183
Gross profit13,9414,71414,70113,435
SG&A12,9685,98912,36511,054
Operating income973-1,2742,3352,380
Pretax income659-1,4861,7472,133
Income tax687-252591773
Net income attributable to owners-47-1,2441,1351,340
Operating margin2.5%-9.9%6.7%8.0%

Balance sheet (reported items)

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

Assets

Cash 16%
Property, plant and equipment 56%
1%
1%
Other assets 26%

Funding

Interest-bearing debt 23%
Other liabilities 25%
Equity 52%
0%

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

ItemFY ending Oct 2023FY ending Apr 2024FY ending Apr 2025FY ending Apr 2026
Cash and equivalents¥4.8B¥5.46B¥6.05B¥6.98B
Total assets¥43.7B¥43.2B¥42.4B¥44.4B
Net assets¥22.7B¥21.3B¥22B¥23B
Share capital¥3.87B¥3.87B¥3.87B¥3.87B
Property, plant and equipment¥27.7B¥27.2B¥26B¥25.1B
Intangible assets excluding goodwill¥480M¥459M¥552M¥535M
Investment securities¥241M¥248M¥253M¥283M
Current assets¥12.6B¥11.9B¥12.4B¥14.2B
Current liabilities¥11.2B¥13.2B¥12.6B¥12.7B
Short-term borrowings¥768M¥3.83B¥2.47B¥4.34B
Long-term borrowings¥5.01B¥4.25B¥4.79B¥4.88B
Bonds¥1.76B¥1.64B—¥1.17B
Interest-bearing debt¥7.54Bderived¥9.72Bderived—¥10.4Bderived
Total liabilities¥21B¥22B¥20.4B¥21.4B
Non-controlling interests¥344M¥354M¥358M¥183M
Equity attributable to owners of parent¥22.3B¥20.8B¥21.6B¥22.5B
Retained earnings¥18.4B¥16.9B¥17.7B¥18.6B
Treasury stock¥0¥0¥0¥0

Sources

Show source documents (3)
  • EDINET (FSA Japan)

    有価証券報告書-第58期(2025/05/01-2026/04/30)

    ID S100YR5P2026-07-22Open
  • EDINET (FSA Japan)

    有価証券報告書-第57期(2024/05/01-2025/04/30)

    ID S100WDZI2025-07-24Open
  • EDINET (FSA Japan)

    有価証券報告書-第56期(2023/11/01-2024/04/30)

    ID S100U3172024-07-25Open

Extracted from XBRL: 52 / Derived from other figures: 2

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