# Ota Floriculture Auction Co.,Ltd.: 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38期(2025/04/01－2026/03/31) (S100YLK4)
> Page: https://vizora.meequs.com/en/company/ota-floriculture-auction
> Retrieved: 2026-09-30T20:30:12.266Z

## Company

Ota Floriculture Auction, founded in 1975, is a company in Specialty Trading & Wholesale listed on TSE Standard. It has 186 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | Ota Floriculture Auction Co.,Ltd. |
| Ticker | 7555 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/7555.T) |
| Listing | TSE Standard |
| Head office | 東京都大田区東海二丁目2番1号 |
| Representative (per filing) | 代表執行役社長 萩原 正臣 |
| Founded | Jun 1975 |
| Share capital | ¥551M |
| Employees (consolidated) | 186 |
| Average salary (parent only) | ¥6.5M |
| Fiscal year end | March |
| Website | otakaki.co.jp (https://otakaki.co.jp/) |
| Corporate number | 7010801002063 |
| EDINET | E02871 |
| Industries (Vizora) | Specialty Trading & Wholesale |

> Profile source: annual securities report (S100YLK4, filed 2026-06-26). As of filing

## Five-axis industry profile

Primary industry: Specialty Trading & Wholesale (2026-03-31)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Revenue growth | 0.3 | 179 |
| Profitability | 23.5 | 185 |
| Cash conversion | 97.5 | 179 |
| Efficiency | 0.8 | 185 |

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)

- Ota Floriculture Auction brought in ¥3.66B in revenue.
- Out of every ¥100 of sales, about ¥2 is left as operating profit.
- Revenue changed -5.1% from the prior year, operating profit -80.4%.

## Company structure

- Segment revenue mix: Segment revenue breakdown is not disclosed
- Revenue → net income: ¥3661000000 → ¥82000000
- Net income → operating cash flow: ¥82000000 → ¥316000000（difference ¥234000000）
- Main uses of operating cash flow: CapEx ¥51000000 / dividends ¥61000000 / buybacks —
- Change in cash: ¥-200000000
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 | ¥3.66B |  |
| Operating income | ¥54M | Margin 1.5% |
| Net income | ¥82M | Margin 2.2% |
| Free cash flow | ¥265M |  |
| Employees (consolidated) | 186 |  |
| EPS | ¥8.54 |  |
| Book value per share | ¥1010.77 |  |
| Equity ratio | 63.7% |  |
| Shares outstanding | 5,500,000 |  |
| Treasury shares | 412,300 |  |
| Shareholders | 2,381 |  |
| Average salary (parent only) | ¥6.5M | Filing company only |
| Cash ratio | 18.9% | Cash ÷ revenue 42.2% |
| Vs. industry median margin | -1.4 pp | Specialty Trading & Wholesale |
| ROE | 1.6% | Derived from disclosed figures |
| ROA | 1.0% | Derived from disclosed figures |

## Notable figures

- FY2026, operating cash flow is 3.9× net income

## What changed in 5 years

| Metric | FY ending Mar 2021 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥23919487000 | ¥3661000000 | -84.7% |
| Operating income | ¥-35646000 | ¥54000000 | — |
| Operating margin | -0.1% | 1.5% | +1.6 pp |
| Employees | 192 people | 186 people | -3.1% |
| Cash and equivalents | ¥1593601000 | ¥1546000000 | -3.0% |

### 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.

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

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 3,661 | 100.0% | S100YLK4 |
| Cost of revenue | 810 | 22.1% | S100YLK4 |
| Gross profit | 2,851 | 77.9% | S100YLK4 |
| SG&A | 2,796 | 76.4% | S100YLK4 |
| Operating income | 54 | 1.5% | S100YLK4 |
| Ordinary income | 120 | 3.3% | S100YLK4 |
| Pretax income | 120 | 3.3% | S100YLK4 |
| Income tax | 38 | 1.0% | S100YLK4 |
| Net income | 82 | 2.2% | S100YLK4 |
| Net income attributable to owners | 82 | 2.2% | S100YLK4 |

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

| Part | JPY |
| --- | ---: |
| Cost of revenue | 22 |
| SG&A | 76 |
| Operating income | 2 |
| (Ref.) Net income | 2 |

### Margin funnel

Gross margin 77.9% → Operating margin 1.5% → Net margin 2.2%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue and profit down
Revenue growth: -5.1%; Core profit growth: -80.4%
Operating leverage (core profit growth ÷ revenue growth): 15.83×
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 | 3,857 | 3,661 | -196 | -5.1% |
| Gross profit | 3,071 | 2,851 | -220 | -7.2% |
| Operating income | 276 | 54 | -222 | -80.4% |
| Net income attributable to owners | 221 | 82 | -139 | -62.9% |
| Operating cash flow | 71 | 316 | 245 | +345.1% |
| Free cash flow | -149 | 265 | 414 | — |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2020 | 24,906 | 8 | 0.0% | 49 | 87 | -56 | S100LRYV |
| FY ending Mar 2021 | 23,919 | -36 | -0.1% | -7 | 215 | 158 | S100OGLJ |
| FY ending Mar 2022 | 3,927 | 212 | 5.4% | 173 | 450 | 347 | S100R3QW |
| FY ending Mar 2023 | 4,285 | 304 | 7.1% | 306 | 641 | 515 | S100TQA4 |
| FY ending Mar 2024 | 4,145 | 221 | 5.3% | 182 | 1,028 | 905 | S100W1TP |
| FY ending Mar 2025 | 3,857 | 276 | 7.2% | 221 | 71 | -149 | S100YLK4 |
| FY ending Mar 2026 | 3,661 | 54 | 1.5% | 82 | 316 | 265 | S100YLK4 |

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

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥19.7M |
| Operating income per employee (consolidated) | ¥290.3K |
| Net income per employee (consolidated) | ¥440.9K |

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) | 189 | 189 | 184 | 186 | 186 |
| Average salary (parent company) | ¥5.5M | ¥6.3M | ¥6.1M | ¥6.3M | ¥6.5M |
| Average age (parent company) | 42.0 years | 41.8 years | 42.4 years | 42.4 years | 43.2 years |
| Average tenure (parent company) | 15.9 years | 15.9 years | 16.9 years | 17.1 years | 17.5 years |

Year over year: Employees (consolidated) 0.0% · Revenue (consolidated) -5.1%

## 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 | 316 | 8.6% | S100YLK4 |
| Capital expenditure | 51 | 1.4% | S100YLK4 |
| Free cash flow | 265 | 7.2% | 算出 |
| Investing cash flow | -171 | -4.7% | S100YLK4 |
| Financing cash flow | -345 | -9.4% | S100YLK4 |
| Dividends paid | 61 | 1.7% | S100YLK4 |
| Change in cash | -200 | -5.5% | S100YLK4 |
| Cash and equivalents | 1,546 | 42.2% | S100YLK4 |

## 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 | 1,585 | 1,764 | 2,302 | 1,746 | 1,546 | S100TQA4, S100W1TP, S100YLK4 |
| Total assets | 8,806 | 8,810 | 9,237 | 8,386 | 8,196 | S100R3QW, S100TQA4, S100W1TP, S100YLK4 |
| Net assets | 4,689 | 4,934 | 5,040 | 5,201 | 5,222 | S100TQA4, S100W1TP, S100YLK4 |
| Share capital | 552 | 552 | 552 | 551 | 551 | S100R3QW, S100TQA4, S100W1TP, S100YLK4 |
| Property, plant and equipment | 3,113 | 2,975 | 2,862 | 2,876 | 2,701 | S100R3QW, S100TQA4, S100W1TP, S100YLK4 |
| Intangible assets excluding goodwill | 115 | 95 | 83 | 79 | 59 | S100R3QW, S100TQA4, S100W1TP, S100YLK4 |
| Investment securities | 704 | 758 | 810 | 825 | 950 | S100R3QW, S100TQA4, S100W1TP, S100YLK4 |
| Current assets | 3,988 | 4,176 | 4,732 | 3,877 | 3,764 | S100R3QW, S100TQA4, S100W1TP, S100YLK4 |
| Current liabilities | 2,214 | 2,231 | 2,794 | 2,018 | 1,909 | S100R3QW, S100TQA4, S100W1TP, S100YLK4 |
| Long-term borrowings | 971 | 678 | 402 | 118 | — | S100R3QW, S100TQA4, S100W1TP, S100YLK4 |
| Total liabilities | 4,117 | 3,876 | 4,197 | 3,185 | 2,973 | S100R3QW, S100TQA4, S100W1TP, S100YLK4 |
| Equity attributable to owners of parent | 4,689 | 4,934 | 5,040 | 5,201 | 5,222 | S100R3QW, S100TQA4, S100W1TP, S100YLK4 |
| Retained earnings | 4,086 | 4,331 | 4,437 | 4,597 | 4,618 | S100R3QW, S100TQA4, S100W1TP, S100YLK4 |
| Treasury stock | -351 | -351 | -351 | -350 | -350 | S100R3QW, S100TQA4, S100W1TP, S100YLK4 |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 19% | S100YLK4 |
| Property, plant and equipment | 33% | S100YLK4 |
| Intangibles and goodwill | 1% | S100YLK4 |
| Investment securities | 11% | S100YLK4 |
| Other assets | 36% | S100YLK4 |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Other liabilities | 36% | S100YLK4 |
| Equity | 64% | S100YLK4 |
| Other liabilities | 0% | S100YLK4 |

### 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 | 8,806 | 8,810 | 9,237 | 8,386 | 8,196 |
| Equity | 4,689 | 4,934 | 5,040 | 5,201 | 5,222 |
| Interest-bearing debt | — | — | — | — | — |
| Cash | 1,585 | 1,764 | 2,302 | 1,746 | 1,546 |

## 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) | 73.8% | S100YLK4 |
| Fixed assets ÷ total assets | 33.0% | S100YLK4 |
| Goodwill ÷ parent equity | — | —, S100YLK4 |

### 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) | 18.9% |
| Cash ÷ revenue | 42.2% |
| Net cash (cash − interest-bearing debt) | — |
| Net debt ÷ operating cash flow | — |
| Cash conversion (operating CF ÷ operating income) | 585.2% |
| Cash vs. profit gap | 234 JPY mn (of net income 285.4%) |
| Shareholder returns / net income | — |
| Shareholder returns / FCF | — |
| Shareholder payments — dividends / net income | 74.4% |
| Shareholder payments — dividends / FCF | 23.0% |
| CapEx intensity (capex ÷ revenue) | 1.4% |
| Investing CF relative to operating CF | 54.1% |

## 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 | 4.4% | 0.45× | 2.0% | 1.88× | 3.7% | S100R3QW |
| 2023 | 7.1% | 0.49× | 3.5% | 1.83× | 6.4% | S100TQA4 |
| 2024 | 4.4% | 0.46× | 2.0% | 1.81× | 3.7% | S100W1TP |
| 2025 | 5.7% | 0.44× | 2.5% | 1.72× | 4.3% | S100YLK4 |
| 2026 | 2.2% | 0.44× | 1.0% | 1.59× | 1.6% | S100YLK4 |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 株式会社大森園芸ホールディングス | Major shareholder | 32.0% | 2026-03-31 |
| 東京青果株式会社 | Major shareholder | 9.8% | 2026-03-31 |
| 小杉 圭一 | Major shareholder | 9.4% | 2026-03-31 |
| 株式会社大森園芸 | Major shareholder | 7.9% | 2026-03-31 |
| 磯村 信夫 | Major shareholder | 3.1% | 2026-03-31 |
| 株式会社都立コーポレーション | Major shareholder | 3.1% | 2026-03-31 |
| 大田花き従業員持株会 | Major shareholder | 2.3% | 2026-03-31 |
| 株式会社南関東花き園芸卸売市場 | Major shareholder | 2.1% | 2026-03-31 |
| 石井 亜木子 | Major shareholder | 2.0% | 2026-03-31 |
| 野田 裕一朗 | Major shareholder | 2.0% | 2026-03-31 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第38期(2025/04/01－2026/03/31) | S100YLK4 | 2026-06-26 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YLK4,, |
| 有価証券報告書－第37期(2024/04/01－2025/03/31) | S100W1TP | 2025-06-23 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100W1TP,, |
| 有価証券報告書－第36期(2023/04/01－2024/03/31) | S100TQA4 | 2024-06-24 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100TQA4,, |
| 有価証券報告書－第35期(2022/04/01－2023/03/31) | S100R3QW | 2023-06-26 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100R3QW,, |
| 有価証券報告書－第34期(令和3年4月1日－令和4年3月31日) | S100OGLJ | 2022-06-27 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100OGLJ,, |
| 有価証券報告書－第33期(令和2年4月1日－令和3年3月31日) | S100LRYV | 2021-06-28 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100LRYV,, |

## 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).