# Nojima Corporation: business model and financials

> Latest period: FY ending Mar 2026, consolidated, J-GAAP
> Unit: JPY millions
> Sources: 有価証券報告書－第64期(2025/04/01－2026/03/31) (S100YAOT)
> Page: https://vizora.meequs.com/en/company/nojima
> Retrieved: 2026-09-30T21:31:21.331Z

## Company

Nojima, founded in 1962, is a company in Electronics Retailers listed on TSE Prime. It has 12,112 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | Nojima Corporation |
| Ticker | 7419 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/7419.T) |
| Listing | TSE Prime |
| Head office | 神奈川県相模原市中央区横山一丁目1番1号(上記は登記上の本店所在地であり、実際の業務は下記の場所で行っております。) |
| Representative (per filing) | 取締役兼代表執行役社長 野島 廣司 |
| Founded | Apr 1962 |
| Share capital | ¥6.33B |
| Employees (consolidated) | 12,112 |
| Average salary (parent only) | ¥5.6M |
| Fiscal year end | March |
| Website | www.nojima.co.jp (https://www.nojima.co.jp/) |
| Corporate number | 4021001013588 |
| EDINET | E03235 |
| Industries (Vizora) | Electronics Retailers, Broadband & ISPs, Broadcasting & Newspapers, Advertising, Securities & Asset Management, PCs & Peripherals |

> Profile source: annual securities report (S100YAOT, filed 2026-06-12). As of filing

## Five-axis industry profile

Primary industry: Electronics Retailers (2026-03-31)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Revenue growth | 96.2 | 13 |
| Profitability | 82.1 | 14 |
| Cash conversion | 39.3 | 14 |
| Efficiency | 32.1 | 14 |

Each axis is shown independently. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

## Key points (generated from figures)

- About 40% of Nojima's sales come from Mobile carrier stores, with Digital home electronics retail stores and Overseas Business making up much of the rest.
- Out of every ¥100 of sales, about ¥6 is left as operating profit.
- Revenue changed +15.2% from the prior year, operating profit +20.1%.

## Company structure

- Segment revenue mix: Mobile carrier stores 39.9%、Digital home electronics retail stores 34.2%、Overseas Business 8.8%、Internet business 7.4%、Product Business 6.6%
- Revenue → net income: ¥982804000000 → ¥39806000000
- Net income → operating cash flow: ¥39806000000 → ¥57577000000（difference ¥17771000000）
- Main uses of operating cash flow: CapEx ¥14758000000 / dividends ¥4677000000 / buybacks ¥4631000000
- Change in cash: ¥30557000000
Segment shares use total reported segment revenue, which may include inter-segment sales. The cash bridge is operating cash flow minus net income and combines non-cash items and working-capital effects.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Revenue | ¥982.8B |  |
| Operating income | ¥58.1B | Margin 5.9% |
| Net income | ¥38.9B | Margin 4.0% |
| Free cash flow | ¥42.8B |  |
| Largest business | Mobile carrier stores | of segment revenue 39.9% |
| Employees (consolidated) | 12,112 |  |
| EPS | ¥86.21 |  |
| Diluted EPS | ¥80.16 |  |
| Book value per share | ¥633.54 |  |
| Equity ratio | 40.8% |  |
| Shares outstanding | 307,737,696 |  |
| Treasury shares | 15,901,500 |  |
| Shareholders | 23,361 |  |
| Average salary (parent only) | ¥5.6M | Filing company only |
| Cash ratio | 16.2% | Cash ÷ revenue 9.8% |
| Vs. industry median margin | +2.5 pp | Electronics Retailers |
| ROE | 18.4% | Derived from disclosed figures |
| ROA | 6.4% | Derived from disclosed figures |

## What changed in 5 years

| Metric | FY ending Mar 2021 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥523327000000 | ¥982804000000 | +87.8% |
| Operating income | ¥33826000000 | ¥58071000000 | +71.7% |
| Operating margin | 6.5% | 5.9% | -0.6 pp |
| Employees | 6,910 people | 12,112 people | +75.3% |
| Cash and equivalents | ¥18513000000 | ¥96300000000 | +420.2% |

### Change in segment revenue mix

Span: FY ending Mar 2021 → FY ending Mar 2026. Stable segment keys are connected; unmatched shares are marked as new or reorganized. Shares use total segment revenue.

| Flow | Revenue share |
| --- | ---: |
| デジタル家電専門店運営事業 → デジタル家電専門店運営事業 | 34.2% |
| デジタル家電専門店運営事業 → 事業再編・廃止 | 12.4% |
| キャリアショップ運営事業 → キャリアショップ運営事業 | 34.9% |
| インターネット事業 → インターネット事業 | 7.4% |
| インターネット事業 → 事業再編・廃止 | 2.0% |
| 海外事業 → 海外事業 | 7.6% |
| その他 → その他 | 0.4% |
| その他 → 事業再編・廃止 | 1.1% |
| 新設・再編 → キャリアショップ運営事業 | 5.0% |
| 新設・再編 → メディア事業 | 2.5% |
| 新設・再編 → 金融事業 | 0.2% |
| 新設・再編 → 海外事業 | 1.2% |
| 新設・再編 → プロダクト事業 | 6.6% |

Segment revenue source references: 13 (derived)

## Business growth × margin

X-axis: segment revenue CAGR. Y-axis: latest operating margin. Bubble size: latest revenue. CAGR requires at least two comparable years.

| Segment | CAGR span | Revenue CAGR | Latest revenue | Operating margin | Source refs |
| --- | ---: | ---: | ---: | ---: | ---: |
| Mobile carrier stores | 5 years | +16.5% | ¥391736000000 | 6.9% | 2 |
| Digital home electronics retail stores | 5 years | +6.6% | ¥336563000000 | 6.1% | 2 |
| Overseas Business | 5 years | +16.8% | ¥86672000000 | 1.3% | 2 |
| Internet business | 5 years | +8.2% | ¥72419000000 | 7.6% | 2 |
| Product Business | — | — | ¥64984000000 | 7.6% | 2 |
| Media business | — | — | ¥24835000000 | 6.4% | 2 |
| Other | 5 years | -13.6% | ¥3741000000 | 37.2% | 2 |
| Financial business | 2 years | -44.5% | ¥1851000000 | 23.6% | 2 |

## Income statement（FY ending Mar 2026, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 982,804 | 100.0% | S100YAOT |
| Cost of revenue | 703,527 | 71.6% | S100YAOT |
| Gross profit | 279,276 | 28.4% | S100YAOT |
| SG&A | 221,205 | 22.5% | S100YAOT |
| Operating income | 58,071 | 5.9% | S100YAOT |
| Ordinary income | 62,295 | 6.3% | S100YAOT |
| Pretax income | 60,189 | 6.1% | S100YAOT |
| Income tax | 20,382 | 2.1% | S100YAOT |
| Net income | 39,806 | 4.1% | S100YAOT |
| Net income attributable to owners | 38,931 | 4.0% | S100YAOT |

## Per ¥100 of revenue（FY ending Mar 2026）

| Part | JPY |
| --- | ---: |
| Cost of revenue | 72 |
| SG&A | 22 |
| Operating income | 6 |
| (Ref.) Net income | 4 |

### Margin funnel

Gross margin 28.4% → Operating margin 5.9% → Net margin 4.0%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue and profit up
Revenue growth: +15.2%; Core profit growth: +20.1%
Growth quality: margin-expansion
Operating leverage (core profit growth ÷ revenue growth): 1.32×
Calculated from comparable annual consolidated filings.

## Year over year（FY ending Mar 2025 → FY ending Mar 2026、JPY mn）

| Metric | Prior | Current | Change | % change |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 853,427 | 982,804 | 129,377 | +15.2% |
| Gross profit | 245,980 | 279,276 | 33,296 | +13.5% |
| Operating income | 48,371 | 58,071 | 9,700 | +20.1% |
| Net income attributable to owners | 32,292 | 38,931 | 6,639 | +20.6% |
| Operating cash flow | 44,078 | 57,577 | 13,499 | +30.6% |
| Free cash flow | 33,759 | 42,819 | 9,060 | +26.8% |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2020 | 523,968 | 22,582 | 4.3% | 15,911 | 38,866 | 34,411 | S100LQHW |
| FY ending Mar 2021 | 523,327 | 33,826 | 6.5% | 52,827 | 41,702 | 36,720 | S100OG8F |
| FY ending Mar 2022 | 564,989 | 33,166 | 5.9% | 25,862 | 42,895 | 29,538 | S100R2TE |
| FY ending Mar 2023 | 626,181 | 33,572 | 5.4% | 23,315 | 34,613 | 28,628 | S100TW18 |
| FY ending Mar 2024 | 761,301 | 30,560 | 4.0% | 19,979 | 58,197 | 52,124 | S100VYT1 |
| FY ending Mar 2025 | 853,427 | 48,371 | 5.7% | 32,292 | 44,078 | 33,759 | S100YAOT |
| FY ending Mar 2026 | 982,804 | 58,071 | 5.9% | 38,931 | 57,577 | 42,819 | S100YAOT |

## People and productivity（FY ending Mar 2026, consolidated, J-GAAP）

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥81.1M |
| Operating income per employee (consolidated) | ¥4.8M |
| Net income per employee (consolidated) | ¥3.2M |

Employees, revenue and profit are consolidated. Average annual salary is a separate parent-company figure. Calculated from disclosed figures (DERIVED).

| History | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Employees (consolidated) | 7,035 | 12,016 | 11,541 | 11,868 | 12,112 |
| Average salary (parent company) | ¥4.7M | ¥5M | ¥5M | ¥5.3M | ¥5.6M |
| Average age (parent company) | 31.0 years | 32.0 years | 34.0 years | 35.0 years | 35.0 years |
| Average tenure (parent company) | 7.0 years | 8.0 years | 8.0 years | 9.0 years | 9.0 years |

Year over year: Employees (consolidated) +2.1% · Revenue (consolidated) +15.2%

## Segments（FY ending Mar 2026, consolidated, J-GAAP、JPY mn）

| Segment | Revenue | Share | Op. income | Op. margin |
| --- | ---: | ---: | ---: | ---: |
| Digital home electronics retail stores | 336,563 | 34.2% | 20,513 | 6.1% |
| Mobile carrier stores | 391,736 | 39.9% | 26,912 | 6.9% |
| Internet business | 72,419 | 7.4% | 5,510 | 7.6% |
| Media business | 24,835 | 2.5% | 1,595 | 6.4% |
| Financial business | 1,851 | 0.2% | 437 | 23.6% |
| Overseas Business | 86,672 | 8.8% | 1,092 | 1.3% |
| Product Business | 64,984 | 6.6% | 4,944 | 7.6% |
| Other | 3,741 | 0.4% | 1,391 | 37.2% |

### segmentMix — Revenue and profit mix

Calculated from disclosed figures (DERIVED). Shares use total segment revenue and total positive segment profit respectively. Difference = profit share − revenue share (pt). Inter-segment sales may prevent reconciliation to company revenue.

| Segment | Revenue share |
| --- | ---: |
| Digital home electronics retail stores | 34.2% |
| Mobile carrier stores | 39.9% |
| Internet business | 7.4% |
| Media business | 2.5% |
| Financial business | 0.2% |
| Overseas Business | 8.8% |
| Product Business | 6.6% |
| Other | 0.4% |

Segment → industry: Digital home electronics retail stores → Electronics Retailers / Mobile carrier stores → Electronics Retailers / Internet business → Broadband & ISPs / Media business → Broadcasting & Newspapers / Media business → Advertising / Financial business → Securities & Asset Management / Overseas Business → Electronics Retailers / Product Business → PCs & Peripherals

## Revenue by geography

No geographic revenue breakdown was disclosed.

## Cash flow（FY ending Mar 2026, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Operating cash flow | 57,577 | 5.9% | S100YAOT |
| Capital expenditure | 14,758 | 1.5% | S100YAOT |
| Free cash flow | 42,819 | 4.4% | 算出 |
| Investing cash flow | -3,655 | -0.4% | S100YAOT |
| Financing cash flow | -24,011 | -2.4% | S100YAOT |
| Dividends paid | 4,677 | 0.5% | S100YAOT |
| Share buyback | 4,631 | 0.5% | S100YAOT |
| Change in cash | 30,557 | 3.1% | S100YAOT |
| Cash and equivalents | 96,300 | 9.8% | S100YAOT |

## Balance sheet

Figures are as of each fiscal year end. Derived values are marked as such in the source column. Lease liabilities are excluded from interest-bearing debt.

| Metric | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | 51,004 | 35,755 | 34,960 | 65,664 | 96,300 | S100TW18, S100VYT1, S100YAOT |
| Total assets | 326,952 | 556,902 | 547,142 | 623,810 | 594,478 | S100R2TE, S100TW18, S100VYT1, S100YAOT |
| Net assets | 140,101 | 161,056 | 178,920 | 208,307 | 249,043 | S100TW18, S100VYT1, S100YAOT |
| Share capital | 6,330 | 6,330 | 6,330 | 6,330 | 6,330 | S100R2TE, S100TW18, S100VYT1, S100YAOT |
| Property, plant and equipment | 54,262 | 58,859 | 59,273 | 58,948 | 59,135 | S100R2TE, S100TW18, S100VYT1, S100YAOT |
| Intangible assets excluding goodwill | 60,230 | 109,238 | 100,484 | 107,602 | 98,417 | S100R2TE, S100TW18, S100VYT1, S100YAOT |
| Goodwill | 19,263 | 47,518 | 44,042 | 42,621 | 37,167 | S100R2TE, S100TW18, S100VYT1, S100YAOT |
| Investment securities | 2,419 | 3,682 | 4,674 | 31,412 | 38,304 | S100R2TE, S100TW18, S100VYT1, S100YAOT |
| Current assets | 183,963 | 353,409 | 353,434 | 396,676 | 368,520 | S100R2TE, S100TW18, S100VYT1, S100YAOT |
| Current liabilities | 126,971 | 291,045 | 294,588 | 305,202 | 238,658 | S100R2TE, S100TW18, S100VYT1, S100YAOT |
| Trade payables | 57,151 | 74,942 | 80,054 | 87,761 | 112,552 | S100R2TE, S100TW18, S100VYT1, S100YAOT |
| Short-term borrowings | 1,616 | 1,649 | 8,983 | 11,652 | 5,916 | S100R2TE, S100TW18, S100VYT1, S100YAOT |
| Long-term borrowings | 9,074 | 42,252 | 11,542 | 46,688 | 42,866 | S100R2TE, S100TW18, S100VYT1, S100YAOT |
| Total liabilities | 186,851 | 395,845 | 368,221 | 415,502 | 345,434 | S100R2TE, S100TW18, S100VYT1, S100YAOT |
| Non-controlling interests | 1,476 | 1,856 | 2,101 | 3,311 | 3,595 | S100R2TE, S100TW18, S100VYT1, S100YAOT |
| Equity attributable to owners of parent | 134,163 | 153,994 | 170,725 | 194,989 | 227,651 | S100R2TE, S100TW18, S100VYT1, S100YAOT |
| Retained earnings | 125,543 | 146,191 | 162,953 | 191,505 | 225,178 | S100R2TE, S100TW18, S100VYT1, S100YAOT |
| Treasury stock | -5,221 | -6,002 | -6,293 | -10,580 | -11,672 | S100R2TE, S100TW18, S100VYT1, S100YAOT |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 16% | S100YAOT |
| Property, plant and equipment | 10% | S100YAOT |
| Intangibles and goodwill | 23% | S100YAOT |
| Investment securities | 6% | S100YAOT |
| Other assets | 45% | S100YAOT |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Trade payables | 19% | S100YAOT |
| Other liabilities | 39% | S100YAOT |
| Equity | 42% | S100YAOT |
| Other liabilities | 0% | S100YAOT |

### Balance sheet history

| Metric | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Total assets | 326,952 | 556,902 | 547,142 | 623,810 | 594,478 |
| Equity | 140,101 | 161,056 | 178,920 | 208,307 | 249,043 |
| Interest-bearing debt | — | — | — | — | — |
| Cash | 51,004 | 35,755 | 34,960 | 65,664 | 96,300 |

## Asset intensity and goodwill

Ratios are derived from reported values. Goodwill is used only when separately reported, never inferred from combined intangible assets.

| Metric | Value | Sources |
| --- | ---: | ---: |
| Asset intensity (fixed assets ÷ revenue) | 6.0% | S100YAOT |
| Fixed assets ÷ total assets | 9.9% | S100YAOT |
| Goodwill ÷ parent equity | 16.3% | S100YAOT |

Goodwill over 4 years: 19,263 → 37,167 JPY; total investing cash flow: -127,193 JPY. This does not imply causation.

### Cash quality

Net cash = cash − interest-bearing debt. Net debt ratio = (interest-bearing debt − cash) ÷ positive operating cash flow. Omit when debt components are incomplete; other ratios are derived from reported figures.

| Metric | Value |
| --- | ---: |
| Cash ratio (cash ÷ total assets) | 16.2% |
| Cash ÷ revenue | 9.8% |
| Net cash (cash − interest-bearing debt) | — |
| Net debt ÷ operating cash flow | — |
| Cash conversion (operating CF ÷ operating income) | 99.1% |
| Cash vs. profit gap | 18,646 JPY mn (of net income 47.9%) |
| Shareholder returns / net income | 23.9% |
| Shareholder returns / FCF | 21.7% |
| Shareholder payments — dividends / net income | 12.0% |
| Shareholder payments — dividends / FCF | 10.9% |
| CapEx intensity (capex ÷ revenue) | 1.5% |
| Investing CF relative to operating CF | 6.3% |

## ROA and ROE

ROE is decomposed into net margin × asset turnover × financial leverage. Leverage can raise ROE, so the ratio alone does not assess a company's condition. Ending balances are used without a prior year; total equity approximates parent equity when unavailable.

| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE | Sources |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| 2022 | 4.6% | 1.73× | 7.9% | 2.44× | 19.3% | S100R2TE |
| 2023 | 3.7% | 1.42× | 5.3% | 3.07× | 16.2% | S100TW18 |
| 2024 | 2.6% | 1.38× | 3.6% | 3.40× | 12.3% | S100VYT1 |
| 2025 | 3.8% | 1.46× | 5.5% | 3.20× | 17.7% | S100YAOT |
| 2026 | 4.0% | 1.61× | 6.4% | 2.88× | 18.4% | S100YAOT |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 野島廣司株式会社 | Major shareholder | 14.8% | 2026-03-31 |
| 日本マスタートラスト信託銀行株式会社（信託口） | Major shareholder | 9.5% | 2026-03-31 |
| ティーエヌホールディングス株式会社 | Major shareholder | 5.5% | 2026-03-31 |
| 株式会社日本カストディ銀行（信託口） | Major shareholder | 5.2% | 2026-03-31 |
| ネックス社員持株会 | Major shareholder | 4.1% | 2026-03-31 |
| 公益財団法人真柄福祉財団 | Major shareholder | 3.5% | 2026-03-31 |
| 有限会社ノマ | Major shareholder | 3.1% | 2026-03-31 |
| 野島 廣司 | Major shareholder | 2.9% | 2026-03-31 |
| 野島 隆久 | Major shareholder | 2.5% | 2026-03-31 |
| 株式会社三菱UFJ銀行 | Major shareholder | 2.3% | 2026-03-31 |

## AI commentary（text by AI; the tables above are authoritative、claude-code）

- Revenue for FY ending Mar 2026 was ¥982.8B, up +15.2% from ¥853.4B the year before.
- Operating income rose +20.1% to ¥58.1B and net income rose +20.6% to ¥38.9B, so profit grew faster than sales.
- Cash generated by operations also climbed +30.6% to ¥57.6B.

### Drivers

- The carrier shop business added security services and placed strong managers in stores to lift service quality, and hit record sales and profit.
- In the electronics stores, PCs with built-in AI features and higher-end beauty appliances sold well.
- VAIO PC sales grew on business demand at fiscal year-end, spring new-life demand and a new sales channel in NTT docomo shops. The media business, which includes pay-TV and direct marketing, also grew sharply after a newly acquired subsidiary was added.

### Risks

- Mobile carriers can change the commissions and incentives they pay the company, depending on their own sales policies.
- The phone market is mature and people are keeping their handsets longer, which makes competition between shops tougher.
- A weak yen and rising prices could squeeze real wages and consumer spending.

Cited: Annual Securities Report, 64th fiscal year (Management's analysis of financial position, results and cash flows); Annual Securities Report, 64th fiscal year (Business risks)

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第64期(2025/04/01－2026/03/31) | S100YAOT | 2026-06-12 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YAOT,, |
| 有価証券報告書－第63期(2024/04/01－2025/03/31) | S100VYT1 | 2025-06-17 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100VYT1,, |
| 有価証券報告書－第62期(2023/04/01－2024/03/31) | S100TW18 | 2024-06-27 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100TW18,, |
| 有価証券報告書－第61期(2022/04/01－2023/03/31) | S100R2TE | 2023-06-23 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100R2TE,, |
| 有価証券報告書－第60期(令和3年4月1日－令和4年3月31日) | S100OG8F | 2022-06-24 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100OG8F,, |
| 有価証券報告書－第59期(令和2年4月1日－令和3年3月31日) | S100LQHW | 2021-06-25 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100LQHW,, |

## Key alliances (from the filing's material contracts)

| Partner | Type | Description | Source |
| --- | ---: | ---: | ---: |
| ㈱NTTドコモ | Alliance | 携帯電話等通信サービスの加入取次の販売代理店契約 | S100YAOT |
| KDDI | Alliance | 携帯電話等通信サービスの加入取次の販売代理店契約 | S100YAOT |
| ソフトバンク | Alliance | 携帯電話等通信サービスの加入取次の販売代理店契約 | S100YAOT |

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).