NIPPON KANZAI HoldingsNIPPON KANZAI Holdings Co.,Ltd.9347東証プライムサービス業FY ending Mar 2026, consolidated, J-GAAP

NIPPON KANZAI Holdings revenue and profit

Out of every ¥100 of sales, about ¥6 is left as operating profit. Revenue changed +7.4% from the prior year, operating profit +0.1%.

Five-year trend

Revenue¥150.3B
FY ending Mar 2024: ¥122.7B¥122.7BFY ending Mar 2025: ¥139.9B¥139.9BFY ending Mar 2026: ¥150.3B¥150.3BFY24FY25FY26
Operating income¥8.69B
FY ending Mar 2024: ¥8.27B¥8.27BFY ending Mar 2025: ¥8.68B¥8.68BFY ending Mar 2026: ¥8.69B¥8.69BFY24FY25FY26
Operating margin5.8%
FY ending Mar 2024: 6.7%6.7%FY ending Mar 2025: 6.2%6.2%FY ending Mar 2026: 5.8%5.8%FY24FY25FY26

What drives ROE

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

Net margin4.7%
Asset turnover1.45×
ROA6.9%
ROA6.9%
Financial leverage1.50×
ROE10.3%

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

Net margin4.7%
2024: 4.6%4.6%2025: 4.2%4.2%2026: 4.7%4.7%242526
Asset turnover1.45×
2024: 1.32×1.32×2025: 1.45×1.45×2026: 1.45×1.45×242526
ROA6.9%
2024: 6.1%6.1%2025: 6.0%6.0%2026: 6.9%6.9%242526
Financial leverage1.50×
2024: 1.40×1.40×2025: 1.47×1.47×2026: 1.50×1.50×242526
ROE10.3%
2024: 8.6%8.6%2025: 8.8%8.8%2026: 10.3%10.3%242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
20244.6%1.32×6.1%1.40×8.6%
20254.2%1.45×6.0%1.47×8.8%
20264.7%1.45×6.9%1.50×10.3%

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 ÷ revenue5.5%
2024: 5.7%5.7%2025: 5.6%5.6%2026: 5.5%5.5%242526
PPE ÷ total assets7.7%
2024: 7.5%7.5%2025: 7.8%7.8%2026: 7.7%7.7%242526
Goodwill ÷ parent equity8.3%
2024: 4.3%4.3%2025: 9.0%9.0%2026: 8.3%8.3%242526
Goodwill balance¥6.06B
2024: ¥2.83B¥2.83B2025: ¥5.88B¥5.88B2026: ¥6.06B¥6.06B242526

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.

Payable days31d
2024: 31d31d2025: 29d29d2026: 31d31d242526

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 Mar 2024FY ending Mar 2025FY ending Mar 2026
Revenue122,674139,868150,258
Cost of revenue95,539100,278106,832
Gross profit27,13439,58943,426
SG&A18,86330,91134,739
Operating income8,2718,6788,686
Pretax income8,5299,63410,567
Income tax2,7213,2863,077
Net income attributable to owners5,6805,8297,119
Operating margin6.7%6.2%5.8%

Balance sheet (reported items)

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

Assets

Cash 34%
8%
Intangibles and goodwill 14%
Investment securities 12%
Other assets 32%

Funding

8%
Other liabilities 21%
Equity 71%
0%

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

ItemFY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Cash and equivalents¥30.9B¥33B¥36.3B
Total assets¥92.6B¥100.8B¥107B
Net assets¥69.2B¥70B¥75.9B
Share capital¥3B¥3B¥3B
Property, plant and equipment¥6.95B¥7.9B¥8.22B
Intangible assets excluding goodwill¥3.97B¥9.31B¥9.01B
Goodwill¥2.83B¥5.88B¥6.06B
Investment securities¥18.9B¥12B¥12.9B
Current assets¥55.5B¥64.9B¥69.5B
Current liabilities¥17.9B¥20B¥21.4B
Trade payables¥8.02B¥7.92B¥9.1B
Total liabilities¥23.5B¥30.8B¥31.1B
Non-controlling interests¥1.02B¥3.35B¥1.04B
Equity attributable to owners of parent¥66.4B¥65.6B¥72.7B
Retained earnings¥62.4B¥66.2B¥71.4B
Treasury stock-¥10.3B-¥13.1B-¥13.1B

Sources

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

    有価証券報告書-第3期(2025/04/01-2026/03/31)

    ID S100YHX42026-06-23Open
  • EDINET (FSA Japan)

    有価証券報告書-第2期(2024/04/01-2025/03/31)

    ID S100VZ9X2025-06-18Open
  • EDINET (FSA Japan)

    有価証券報告書-第1期(2023/04/01-2024/03/31)

    ID S100TOAL2024-06-20Open

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