No.13562東証スタンダード卸売業FY ending Feb 2026, consolidated, J-GAAP
Out of every ¥100 of sales, about ¥7 is left as operating profit. Revenue changed +23.4% from the prior year, operating profit +28.1%.
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 | 3.8% | 1.92× | 7.4% | 2.66× | 19.6% |
| 2023 | 6.9% | 1.75× | 12.0% | 2.44× | 29.4% |
| 2024 | 6.6% | 1.68× | 11.1% | 2.22× | 24.5% |
| 2025 | 4.0% | 1.69× | 6.8% | 2.05× | 14.0% |
| 2026 | 4.1% | 1.54× | 6.3% | 2.58× | 16.2% |
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 Feb 2022 | FY ending Feb 2023 | FY ending Feb 2024 | FY ending Feb 2025 | FY ending Feb 2026 |
|---|---|---|---|---|---|
| Revenue | 13,920 | 13,308 | 13,452 | 14,209 | 17,530 |
| Cost of revenue | 8,200 | 7,098 | 7,136 | 7,730 | 8,721 |
| Gross profit | 5,720 | 6,210 | 6,317 | 6,479 | 8,809 |
| SG&A | 4,866 | 5,060 | 5,089 | 5,440 | 7,479 |
| Operating income | 854 | 1,150 | 1,228 | 1,039 | 1,330 |
| Pretax income | 869 | 1,423 | 1,383 | 996 | 1,318 |
| Income tax | 343 | 521 | 492 | 440 | 599 |
| Net income attributable to owners | 532 | 912 | 886 | 574 | 714 |
| Operating margin | 6.1% | 8.6% | 9.1% | 7.3% | 7.6% |
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 Feb 2022 | FY ending Feb 2023 | FY ending Feb 2024 | FY ending Feb 2025 | FY ending Feb 2026 |
|---|---|---|---|---|---|
| Cash and equivalents | ¥1.54B | ¥2.32B | ¥2.29B | ¥2.89B | ¥2.86B |
| Total assets | ¥7.23B | ¥7.94B | ¥8.1B | ¥8.71B | ¥14B |
| Net assets | ¥2.74B | ¥3.56B | ¥3.76B | ¥4.48B | ¥4.41B |
| Share capital | ¥608.3M | ¥623.8M | ¥630M | ¥650.3M | ¥655.6M |
| Trade receivables | ¥2.25B | — | — | — | — |
| Property, plant and equipment | ¥656.5M | ¥728.2M | ¥720.5M | ¥731.4M | ¥1.17B |
| Intangible assets excluding goodwill | ¥795.6M | ¥722M | ¥677.7M | ¥683.8M | ¥3.33B |
| Goodwill | ¥663.5M | ¥605.8M | ¥574.5M | ¥577.2M | ¥3.17B |
| Investment securities | ¥32.4M | ¥35.4M | ¥85.7M | ¥218.3M | ¥320.7M |
| Current assets | ¥5.05B | ¥5.71B | ¥5.91B | ¥6.21B | ¥7.92B |
| Current liabilities | ¥3.14B | ¥2.95B | ¥3.22B | ¥3.23B | ¥6.47B |
| Trade payables | ¥1.17B | ¥900.2M | ¥810.8M | ¥770.6M | ¥1.24B |
| Short-term borrowings | ¥400M | — | ¥551M | ¥309M | ¥1.51B |
| Long-term borrowings | ¥961.7M | ¥1.05B | ¥780.9M | ¥697.4M | ¥2.87B |
| Bonds | ¥35M | ¥61M | ¥37M | ¥20M | ¥10M |
| Interest-bearing debt | ¥1.4Bderived | — | ¥1.37Bderived | ¥1.03Bderived | ¥4.39Bderived |
| Total liabilities | ¥4.49B | ¥4.38B | ¥4.34B | ¥4.23B | ¥9.63B |
| Non-controlling interests | ¥12.3M | ¥2.6M | ¥6.7M | ¥7M | ¥12.4M |
| Equity attributable to owners of parent | ¥2.72B | ¥3.49B | ¥3.74B | ¥4.44B | ¥4.36B |
| Retained earnings | ¥1.63B | ¥2.37B | ¥3.01B | ¥3.36B | ¥3.84B |
| Treasury stock | -¥178.7M | -¥178.7M | -¥576.2M | -¥231.4M | -¥821.4M |
EDINET (FSA Japan)
有価証券報告書－第37期(2025/03/01－2026/02/28)
EDINET (FSA Japan)
有価証券報告書－第36期(2024/03/01－2025/02/28)
EDINET (FSA Japan)
有価証券報告書－第35期(2023/03/01－2024/02/29)
EDINET (FSA Japan)
有価証券報告書－第34期(2022/03/01－2023/02/28)
EDINET (FSA Japan)
有価証券報告書－第33期(令和3年3月1日－令和4年2月28日)
EDINET (FSA Japan)
有価証券報告書－第32期(令和2年3月1日－令和3年2月28日)
Extracted from XBRL: 55 / Derived from other figures: 2
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