Nisso HoldingsNISSO HOLDINGS Co., Ltd.9332東証プライムサービス業FY ending Mar 2026, consolidated, J-GAAP

Nisso Holdings revenue and profit

Out of every ¥100 of sales, about ¥3 is left as operating profit. Revenue changed +9.7% from the prior year, operating profit -10.3%.

Five-year trend

Revenue¥111.4B
FY ending Mar 2024: ¥96.9B¥96.9BFY ending Mar 2025: ¥101.6B¥101.6BFY ending Mar 2026: ¥111.4B¥111.4BFY24FY25FY26
Operating income¥3.19B
FY ending Mar 2024: ¥3.06B¥3.06BFY ending Mar 2025: ¥3.56B¥3.56BFY ending Mar 2026: ¥3.19B¥3.19BFY24FY25FY26
Operating margin2.9%
FY ending Mar 2024: 3.2%3.2%FY ending Mar 2025: 3.5%3.5%FY ending Mar 2026: 2.9%2.9%FY24FY25FY26

What drives ROE

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

Net margin1.7%
Asset turnover3.39×
ROA5.8%
ROA5.8%
Financial leverage1.91×
ROE11.1%

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

Net margin1.7%
2024: 2.0%2.0%2025: 1.9%1.9%2026: 1.7%1.7%242526
Asset turnover3.39×
2024: 3.09×3.09×2025: 3.24×3.24×2026: 3.39×3.39×242526
ROA5.8%
2024: 6.2%6.2%2025: 6.2%6.2%2026: 5.8%5.8%242526
Financial leverage1.91×
2024: 2.10×2.10×2025: 2.00×2.00×2026: 1.91×1.91×242526
ROE11.1%
2024: 13.1%13.1%2025: 12.3%12.3%2026: 11.1%11.1%242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
20242.0%3.09×6.2%2.10×13.1%
20251.9%3.24×6.2%2.00×12.3%
20261.7%3.39×5.8%1.91×11.1%

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 ÷ revenue5.0%
2024: 5.2%5.2%2025: 5.3%5.3%2026: 5.0%5.0%242526
PPE ÷ total assets16.0%
2024: 16.2%16.2%2025: 17.1%17.1%2026: 16.0%16.0%242526
Goodwill ÷ parent equity13.0%
2024: 6.9%6.9%2025: 5.4%5.4%2026: 13.0%13.0%242526
Goodwill balance¥2.33B
2024: ¥1.03B¥1.03B2025: ¥893M¥893M2026: ¥2.33B¥2.33B242526

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.

Receivable days43d
2024: 42d42d2025: 40d40d2026: 43d43d242526

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
Revenue96,858101,560111,430
Cost of revenue80,84384,11992,587
Gross profit16,01417,44118,842
SG&A12,95613,88615,652
Operating income3,0583,5553,190
Pretax income3,0563,2403,182
Income tax1,0681,2661,248
Net income attributable to owners1,9521,9351,902
Operating margin3.2%3.5%2.9%

Balance sheet (reported items)

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

Assets

Cash 17%
Receivables 38%
Property, plant and equipment 16%
Intangibles and goodwill 17%
6%
6%

Funding

Other liabilities 46%
Equity 54%

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

ItemFY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Cash and equivalents¥9.64B¥8.19B¥5.91B
Total assets¥31.4B¥31.3B¥34.4B
Net assets¥15.3B¥16.8B¥18.7B
Share capital¥2.02B¥2.02B¥2.02B
Trade receivables¥11.2B¥11.2B¥13.1B
Property, plant and equipment¥5.07B¥5.34B¥5.52B
Intangible assets excluding goodwill¥1.61B¥1.41B¥3.43B
Goodwill¥1.03B¥893M¥2.33B
Investment securities¥561M¥1.64B¥2.12B
Current assets¥21.9B¥20.4B¥20.5B
Current liabilities¥13.4B¥12.2B¥13.4B
Long-term borrowings¥1.55B¥1.04B¥554M
Total liabilities¥16B¥14.5B¥15.7B
Non-controlling interests¥275M¥295M¥306M
Equity attributable to owners of parent¥14.9B¥16.4B¥18B
Retained earnings¥11.6B¥12.9B¥14B
Treasury stock-¥1.03B-¥842M-¥251M

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 S100YGQ82026-06-22Open
  • EDINET (FSA Japan)

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

    ID S100W6W02025-06-26Open
  • EDINET (FSA Japan)

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

    ID S100TYRW2024-07-01Open

Extracted from XBRL: 52 / Derived from other figures: 1

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