ObayashiOBAYASHI CORPORATION1802東証プライム建設業FY ending Mar 2026, consolidated, J-GAAP
Out of every ¥100 of sales, about ¥7 is left as operating profit. Revenue changed -0.2% from the prior year, operating profit +36.6%.
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 | 2.0% | 0.79× | 1.6% | 3.12× | 5.0% |
| 2023 | 3.9% | 0.79× | 3.1% | 3.14× | 9.7% |
| 2024 | 3.2% | 0.83× | 2.7% | 3.32× | 8.9% |
| 2025 | 5.6% | 0.85× | 4.8% | 3.35× | 16.1% |
| 2026 | 6.7% | 0.84× | 5.6% | 3.20× | 18.0% |
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 Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
|---|---|---|---|---|---|
| Revenue | 1,922,884 | 1,983,888 | 2,325,162 | 2,590,765 | 2,586,258 |
| Cost of revenue | 1,768,544 | 1,767,318 | 2,105,560 | 2,295,378 | 2,221,567 |
| Gross profit | 154,339 | 216,569 | 219,602 | 295,386 | 364,691 |
| SG&A | 113,288 | 122,769 | 140,220 | 152,916 | 170,012 |
| Operating income | 41,051 | 93,800 | 79,381 | 142,469 | 194,678 |
| Pretax income | 56,281 | 113,706 | 107,106 | 209,882 | 249,410 |
| Income tax | 14,827 | 33,848 | 29,926 | 60,267 | 71,648 |
| Net income attributable to owners | 39,127 | 77,671 | 75,059 | 145,355 | 173,759 |
| Operating margin | 2.1% | 4.7% | 3.4% | 5.5% | 7.5% |
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 Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
|---|---|---|---|---|---|
| Cash and equivalents | ¥249.3B | ¥405.6B | ¥326.7B | ¥380.2B | ¥416B |
| Total assets | ¥2.42T | ¥2.61T | ¥3.02T | ¥3.04T | ¥3.14T |
| Net assets | ¥988.9B | ¥1.04T | ¥1.2T | ¥1.21T | ¥1.32T |
| Share capital | ¥57.8B | ¥57.8B | ¥57.8B | ¥57.8B | ¥57.8B |
| Property, plant and equipment | ¥623.3B | ¥692.5B | ¥735.9B | ¥737.6B | ¥793B |
| Intangible assets excluding goodwill | ¥8.65B | ¥17.9B | ¥38.5B | ¥37.1B | ¥63.1B |
| Goodwill | ¥1.24B | ¥5.04B | ¥15.9B | ¥13B | ¥23B |
| Investment securities | ¥338B | ¥306.6B | ¥422.6B | ¥311.6B | ¥339.3B |
| Current assets | ¥1.4T | ¥1.51T | ¥1.69T | ¥1.81T | ¥1.78T |
| Current liabilities | ¥1.13T | ¥1.23T | ¥1.43T | ¥1.45T | ¥1.43T |
| Short-term borrowings | ¥62.8B | ¥67.2B | ¥68.1B | ¥97.5B | ¥75.2B |
| Long-term borrowings | ¥94.6B | ¥124.1B | ¥131.5B | ¥127.6B | ¥144.3B |
| Bonds | ¥40B | ¥50B | ¥40.1B | ¥60.1B | ¥60B |
| Interest-bearing debt | ¥197.4Bderived | ¥241.2Bderived | ¥239.8Bderived | ¥285.2Bderived | ¥279.5Bderived |
| Total liabilities | ¥1.43T | ¥1.57T | ¥1.82T | ¥1.83T | ¥1.83T |
| Non-controlling interests | ¥33.2B | ¥38.8B | ¥43.6B | ¥52B | ¥58B |
| Equity attributable to owners of parent | ¥775.1B | ¥825B | ¥870.9B | ¥936.7B | ¥995B |
| Retained earnings | ¥677.6B | ¥728.1B | ¥773.8B | ¥852.4B | ¥905.5B |
| Treasury stock | -¥2.81B | -¥2.75B | -¥2.71B | -¥14.8B | -¥9.51B |
EDINET (FSA Japan)
有価証券報告書－第122期(2025/04/01－2026/03/31)
EDINET (FSA Japan)
有価証券報告書－第121期(2024/04/01－2025/03/31)
EDINET (FSA Japan)
有価証券報告書－第120期(2023/04/01－2024/03/31)
EDINET (FSA Japan)
有価証券報告書－第119期(2022/04/01－2023/03/31)
EDINET (FSA Japan)
有価証券報告書－第118期(令和3年4月1日－令和4年3月31日)
EDINET (FSA Japan)
訂正有価証券報告書－第117期(令和2年4月1日－令和3年3月31日)
Extracted from XBRL: 54 / Derived from other figures: 2
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