Photosynth4379東証グロース情報・通信業FY ending Dec 2025, consolidated, J-GAAP
Out of every ¥100 of sales, about ¥7 is left as operating profit. Revenue changed +14.3% from the prior year, operating profit +202.8%.
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 |
|---|---|---|---|---|---|
| 2021 | — | —× | -20.1% | —× | — |
| 2022 | — | —× | -14.9% | —× | — |
| 2023 | — | —× | -5.0% | —× | — |
| 2024 | 5.2% | 0.84× | 4.4% | 1.73× | 7.6% |
| 2025 | 8.6% | 0.93× | 8.0% | 1.62× | 13.0% |
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 Dec 2021 | FY ending Dec 2022 | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 |
|---|---|---|---|---|---|
| Revenue | 1,600 | 1,994 | 2,493 | 2,962 | 3,385 |
| Cost of revenue | 206 | 254 | 463 | 693 | 842 |
| Gross profit | 1,395 | 1,740 | 2,030 | 2,269 | 2,543 |
| SG&A | 2,243 | 2,350 | 2,252 | 2,193 | 2,312 |
| Operating income | -849 | -609 | -221 | 76 | 231 |
| Pretax income | -870 | -610 | -235 | -113 | 225 |
| Income tax | 5 | 7 | 6 | -113 | -4 |
| Net income attributable to owners | -866 | -578 | -175 | 155 | 292 |
| Operating margin | -53.0% | -30.5% | -8.9% | 2.6% | 6.8% |
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 Dec 2021 | FY ending Dec 2022 | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 |
|---|---|---|---|---|---|
| Cash and equivalents | ¥3.5B | ¥1.85B | ¥1.57B | ¥1.56B | ¥1.66B |
| Total assets | ¥4.31B | ¥3.47B | ¥3.6B | ¥3.44B | ¥3.87B |
| Net assets | ¥2.68B | ¥2.2B | ¥2.13B | ¥2.16B | ¥2.48B |
| Share capital | ¥1.61B | ¥49.7M | ¥57.4M | ¥71.5M | ¥30.9M |
| Property, plant and equipment | ¥322.7M | ¥956M | ¥1.18B | ¥1.17B | ¥1.16B |
| Intangible assets excluding goodwill | ¥27.1M | ¥298.9M | ¥403.8M | ¥142.3M | ¥363M |
| Goodwill | — | — | — | — | ¥264.8M |
| Investment securities | — | — | ¥40.7M | ¥47.9M | ¥76.3M |
| Current assets | ¥3.88B | ¥2.11B | ¥1.88B | ¥1.87B | ¥2.06B |
| Current liabilities | ¥1.23B | ¥974.1M | ¥1.35B | ¥1.21B | ¥1.33B |
| Short-term borrowings | ¥30M | — | — | — | — |
| Long-term borrowings | ¥374M | ¥270.7M | ¥88.3M | ¥42.1M | ¥38.9M |
| Total liabilities | ¥1.63B | ¥1.27B | ¥1.47B | ¥1.28B | ¥1.39B |
| Non-controlling interests | ¥39.8M | ¥99.3M | ¥180.4M | ¥25.2M | ¥85.5M |
| Equity attributable to owners of parent | ¥2.64B | ¥2.1B | ¥1.95B | ¥2.13B | ¥2.37B |
| Retained earnings | -¥2.05B | -¥587.8M | -¥762.9M | -¥607.6M | ¥275.8M |
| Treasury stock | — | — | — | — | -¥50M |
EDINET (FSA Japan)
有価証券報告書－第12期(2025/01/01－2025/12/31)
EDINET (FSA Japan)
有価証券報告書－第11期(2024/01/01－2024/12/31)
EDINET (FSA Japan)
有価証券報告書－第10期(2023/01/01－2023/12/31)
EDINET (FSA Japan)
有価証券報告書－第9期(2022/01/01－2022/12/31)
EDINET (FSA Japan)
有価証券報告書－第8期(令和3年1月1日－令和3年12月31日)
Extracted from XBRL: 49 / Derived from other figures: 1
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