Nippon AquaNippon Aqua Co., Ltd.1429東証プライム建設業FY ending Dec 2025, non-consolidated, J-GAAP
Out of every ¥100 of sales, about ¥8 is left as operating profit. Revenue changed +11.3% from the prior year, operating profit +7.7%.
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 | 4.0% | 1.31× | 5.2% | 2.30× | 12.0% |
| 2022 | 6.0% | 1.28× | 7.7% | 2.53× | 19.5% |
| 2023 | 7.1% | 1.34× | 9.5% | 2.45× | 23.2% |
| 2024 | 6.1% | 1.36× | 8.3% | 2.24× | 18.5% |
| 2025 | 5.6% | 1.35× | 7.6% | 2.25× | 17.1% |
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 Dec 2021 | FY ending Dec 2022 | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 |
|---|---|---|---|---|---|
| Revenue | 23,903 | 25,670 | 28,342 | 30,265 | 33,671 |
| Cost of revenue | 19,164 | 19,885 | 21,417 | 23,403 | 25,932 |
| Gross profit | 4,740 | 5,785 | 6,924 | 6,862 | 7,739 |
| SG&A | 3,328 | 3,456 | 4,042 | 4,286 | 4,964 |
| Operating income | 1,412 | 2,329 | 2,882 | 2,576 | 2,774 |
| Pretax income | 1,428 | 2,361 | 2,911 | 2,599 | 2,796 |
| Income tax | 474 | 812 | 907 | 759 | 901 |
| Net income attributable to owners | 954 | 1,549 | 2,004 | 1,840 | 1,896 |
| Operating margin | 5.9% | 9.1% | 10.2% | 8.5% | 8.2% |
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 Dec 2021 | FY ending Dec 2022 | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 |
|---|---|---|---|---|---|
| Cash and equivalents | ¥1.93B | ¥2.68B | ¥2.03B | ¥2.26B | ¥2.42B |
| Total assets | ¥18.3B | ¥22B | ¥20.4B | ¥24.1B | ¥25.8B |
| Net assets | ¥7.95B | ¥7.97B | ¥9.3B | ¥10.5B | ¥11.6B |
| Share capital | ¥1.9B | ¥1.9B | ¥1.9B | ¥1.9B | ¥1.9B |
| Property, plant and equipment | ¥4.26B | ¥4.35B | ¥4.37B | ¥4.27B | ¥4.48B |
| Intangible assets excluding goodwill | ¥111.5M | ¥96.3M | ¥85.7M | ¥79.9M | ¥88.8M |
| Investment securities | ¥1.7M | ¥2M | ¥2.8M | ¥3.4M | ¥3.9M |
| Current assets | ¥13.6B | ¥17.1B | ¥15.5B | ¥18.8B | ¥20B |
| Current liabilities | ¥10.2B | ¥13.9B | ¥10.9B | ¥13.4B | ¥14.1B |
| Short-term borrowings | ¥3.1B | ¥6B | ¥2.4B | ¥4.5B | ¥4.8B |
| Long-term borrowings | ¥33.2M | — | — | — | — |
| Total liabilities | ¥10.3B | ¥14B | ¥11.1B | ¥13.5B | ¥14.2B |
| Equity attributable to owners of parent | ¥7.95B | ¥7.97B | ¥9.3B | ¥10.5B | ¥11.6B |
| Retained earnings | ¥5.37B | ¥6.27B | ¥7.52B | ¥8.36B | ¥9.17B |
| Treasury stock | -¥1.2B | -¥2.09B | -¥2.04B | -¥1.73B | -¥1.54B |
EDINET (FSA Japan)
有価証券報告書－第22期(2025/01/01－2025/12/31)
EDINET (FSA Japan)
有価証券報告書－第21期(2024/01/01－2024/12/31)
EDINET (FSA Japan)
有価証券報告書－第20期(2023/01/01－2023/12/31)
EDINET (FSA Japan)
有価証券報告書－第19期(2022/01/01－2022/12/31)
EDINET (FSA Japan)
有価証券報告書－第18期(令和3年1月1日－令和3年12月31日)
EDINET (FSA Japan)
有価証券報告書－第17期(令和2年1月1日－令和2年12月31日)
Extracted from XBRL: 47 / Derived from other figures: 1
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