PCI HoldingsPCI Holdings, Inc.3918東証スタンダード情報・通信業FY ending Mar 2026, consolidated, J-GAAP

PCI Holdings revenue and profit

Out of every ¥100 of sales, about ¥6 is left as operating profit. Revenue changed +102.1% from the prior year, operating profit +129.2%.

Five-year trend

Revenue¥26.8B
FY ending Sep 2024: ¥25.1B¥25.1BFY ending Mar 2025: ¥13.3B¥13.3BFY ending Mar 2026: ¥26.8B¥26.8BFY24FY25FY26
Operating income¥1.56B
FY ending Sep 2024: ¥1.05B¥1.05BFY ending Mar 2025: ¥679.9M¥679.9MFY ending Mar 2026: ¥1.56B¥1.56BFY24FY25FY26
Operating margin5.8%
FY ending Sep 2024: 4.2%4.2%FY ending Mar 2025: 5.1%5.1%FY ending Mar 2026: 5.8%5.8%FY24FY25FY26

What drives ROE

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

Net margin4.2%
Asset turnover1.68×
ROA7.1%
ROA7.1%
Financial leverage1.70×
ROE12.0%

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

Net margin4.2%
2024: 3.3%3.3%2025: 3.7%3.7%2026: 4.2%4.2%242526
Asset turnover1.68×
2024: 1.62×1.62×2025: 0.85×0.85×2026: 1.68×1.68×242526
ROA7.1%
2024: 5.3%5.3%2025: 3.1%3.1%2026: 7.1%7.1%242526
Financial leverage1.70×
2024: 1.76×1.76×2025: 1.76×1.76×2026: 1.70×1.70×242526
ROE12.0%
2024: 9.3%9.3%2025: 5.5%5.5%2026: 12.0%12.0%242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
20243.3%1.62×5.3%1.76×9.3%
20253.7%0.85×3.1%1.76×5.5%
20264.2%1.68×7.1%1.70×12.0%

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 ÷ revenue3.0%
2024: 3.4%3.4%2025: 6.3%6.3%2026: 3.0%3.0%242526
PPE ÷ total assets5.0%
2024: 5.5%5.5%2025: 5.2%5.2%2026: 5.0%5.0%242526
Goodwill ÷ parent equity13.6%
2024: 18.1%18.1%2025: 16.7%16.7%2026: 13.6%13.6%242526
Goodwill balance¥1.33B
2024: ¥1.6B¥1.6B2025: ¥1.51B¥1.51B2026: ¥1.33B¥1.33B242526

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.

R&D spending¥294.6M
2024: ¥293.7M¥293.7M2025: ¥142.9M¥142.9M2026: ¥294.6M¥294.6M242526
R&D / revenue1.1%
2024: 1.2%1.2%2025: 1.1%1.1%2026: 1.1%1.1%242526
Inventory days28d
2024: 22d22d2025: 42d42d2026: 28d28d242526

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 Sep 2024FY ending Mar 2025FY ending Mar 2026
Revenue25,08513,27826,836
Cost of revenue19,34810,19520,483
Gross profit5,7373,0836,353
SG&A4,6822,4034,794
Operating income1,0556801,558
Pretax income1,3456411,622
Income tax507146487
Net income attributable to owners8184891,130
Operating margin4.2%5.1%5.8%

Balance sheet (reported items)

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

Assets

Cash 29%
Inventories 10%
5%
Intangibles and goodwill 17%
1%
Other assets 38%

Funding

Other liabilities 36%
Equity 64%

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

ItemFY ending Sep 2024FY ending Mar 2025FY ending Mar 2026
Cash and equivalents¥3.95B¥4.07B¥4.59B
Total assets¥15.5B¥15.9B¥16B
Net assets¥9.25B¥9.45B¥10.2B
Share capital¥2.09B¥2.09B¥2.09B
Inventories¥1.18B¥1.16B¥1.55B
Property, plant and equipment¥853.1M¥830.1M¥806.8M
Intangible assets excluding goodwill¥1.69B¥1.61B¥1.43B
Goodwill¥1.6B¥1.51B¥1.33B
Investment securities¥230.2M¥206.1M¥243.1M
Current assets¥11.7B¥12.1B¥12.4B
Current liabilities¥5.1B¥5.44B¥4.94B
Long-term borrowings¥321.5M¥285.8M¥214.4M
Bonds¥45M¥30M—
Total liabilities¥6.25B¥6.45B¥5.83B
Non-controlling interests¥438.1M¥428.7M¥429.7M
Equity attributable to owners of parent¥8.82B¥9.03B¥9.75B
Retained earnings¥3.47B¥3.68B¥4.37B
Treasury stock-¥257.5M-¥257.5M-¥237M

Sources

Show source documents (2)
  • EDINET (FSA Japan)

    有価証券報告書-第22期(2025/04/01-2026/03/31)

    ID S100YECU2026-06-19Open
  • EDINET (FSA Japan)

    有価証券報告書-第21期(2024/10/01-2025/03/31)

    ID S100W0AD2025-06-20Open

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

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