PixelaPIXELA CORPORATION6731東証スタンダード電気機器FY ending Sep 2025, consolidated, J-GAAP

Pixela revenue and profit

It lost about ¥79 for every ¥100 of sales at the operating level. Revenue changed -13.9% from the prior year.

Five-year trend

Revenue¥1B
FY ending Sep 2021: ¥3.33B¥3.33BFY ending Sep 2022: ¥2.01B¥2.01BFY ending Sep 2023: ¥1.45B¥1.45BFY ending Sep 2024: ¥1.16B¥1.16BFY ending Sep 2025: ¥1B¥1BFY21FY22FY23FY24FY25
Operating income-¥796M
FY ending Sep 2021: -¥853.6M-¥853.6MFY ending Sep 2022: -¥1.24B-¥1.24BFY ending Sep 2023: -¥1.24B-¥1.24BFY ending Sep 2024: -¥846.7M-¥846.7MFY ending Sep 2025: -¥796M-¥796MFY21FY22FY23FY24FY25
Operating margin-79.5%
FY ending Sep 2021: -25.6%-25.6%FY ending Sep 2022: -61.7%-61.7%FY ending Sep 2023: -85.4%-85.4%FY ending Sep 2024: -72.8%-72.8%FY ending Sep 2025: -79.5%-79.5%FY21FY22FY23FY24FY25

What drives ROE

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

ROA-97.8%
2021: -39.3%-39.3%2022: -64.5%-64.5%2023: -103.8%-103.8%2024: -150.3%-150.3%2025: -97.8%-97.8%2122232425
PeriodNet marginAsset turnoverROAFinancial leverageROE
2021——×-39.3%—×—
2022——×-64.5%—×—
2023——×-103.8%—×—
2024——×-150.3%—×—
2025——×-97.8%—×—

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 ÷ revenue0.0%
2020: 0.0%0.0%2021: 0.0%0.0%2022: 0.0%0.0%2023: 0.0%0.0%2024: 0.0%0.0%2025: 0.0%0.0%202122232425
PPE ÷ total assets0.0%
2020: 0.0%0.0%2021: 0.0%0.0%2022: 0.0%0.0%2023: 0.0%0.0%2024: 0.0%0.0%2025: 0.0%0.0%202122232425

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.

Receivable days—
2020: 36d36d2021: 35d35d202122232425
Payable days5d
2020: 36d36d2021: 29d29d2022: 29d29d2023: 40d40d2024: 22d22d2025: 5d5d202122232425

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 2021FY ending Sep 2022FY ending Sep 2023FY ending Sep 2024FY ending Sep 2025
Revenue3,3292,0081,4511,1631,001
Cost of revenue2,8801,8201,316933724
Gross profit449188135230277
SG&A1,3031,4281,3741,0771,073
Operating income-854-1,240-1,239-847-796
Pretax income-931-1,325-1,409-1,199-849
Income tax77545
Net income attributable to owners-937-1,332-1,414-1,202-854
Operating margin-25.6%-61.7%-85.4%-72.8%-79.5%

Balance sheet (reported items)

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

Assets

Cash 51%
Other assets 49%

Funding

1%
Other liabilities 24%
Equity 75%
0%

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

ItemFY ending Sep 2021FY ending Sep 2022FY ending Sep 2023FY ending Sep 2024FY ending Sep 2025
Cash and equivalents¥962.6M¥368M¥44.1M¥94.8M¥575.5M
Total assets¥2.39B¥1.74B¥980.4M¥619.2M¥1.13B
Net assets¥1.89B¥1.31B¥528.5M¥200.2M¥845.9M
Share capital¥5.05B¥5.43B¥5.74B¥451.9M¥1.2B
Trade receivables¥314.8M————
Property, plant and equipment¥0¥0¥0¥0¥0
Intangible assets excluding goodwill¥53.6M¥59.4M¥9.5M¥0¥0
Current assets¥2.17B¥1.52B¥880.9M¥579M¥1.09B
Current liabilities¥462.8M¥393.1M¥433.4M¥345.4M¥238.5M
Trade payables¥225.3M¥146.9M¥142.4M¥56.9M¥10.4M
Total liabilities¥500.9M¥433.9M¥451.9M¥418.9M¥280.6M
Equity attributable to owners of parent¥1.88B¥1.31B¥527M¥198.8M¥844.5M
Retained earnings-¥6.99B-¥8.32B-¥9.73B-¥1.21B-¥2.07B
Treasury stock-¥125M-¥125M-¥125M-¥133.4M-¥133.7M

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    有価証券報告書-第44期(2024/10/01-2025/09/30)

    ID S100XCO82025-12-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第43期(2023/10/01-2024/09/30)

    ID S100V0YN2024-12-27Open
  • EDINET (FSA Japan)

    有価証券報告書-第42期(2022/10/01-2023/09/30)

    ID S100SJRX2023-12-28Open
  • EDINET (FSA Japan)

    有価証券報告書-第41期(令和3年10月1日-令和4年9月30日)

    ID S100PV522022-12-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第40期(令和2年10月1日-令和3年9月30日)

    ID S100N50A2021-12-28Open
  • EDINET (FSA Japan)

    有価証券報告書-第39期(令和1年10月1日-令和2年9月30日)

    ID S100KGD62020-12-28Open

Extracted from XBRL: 43 / Derived from other figures: 1

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