Polaris HoldingsPolaris Holdings Co., Ltd.3010東証スタンダードサービス業FY ending Mar 2026, consolidated, J-GAAP
Out of every ¥100 of sales, about ¥8 is left as operating profit. Revenue changed +73.8% from the prior year, operating profit +44.1%.
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 | — | —× | -15.2% | —× | — |
| 2023 | 7.6% | 0.38× | 2.9% | 11.89× | 34.6% |
| 2024 | 14.6% | 0.94× | 13.8% | 4.92× | 67.8% |
| 2025 | 9.4% | 0.62× | 5.8% | 2.59× | 15.0% |
| 2026 | 9.5% | 0.71× | 6.7% | 2.27× | 15.3% |
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 | 3,712 | 7,018 | 22,545 | 27,881 | 48,469 |
| Cost of revenue | 284 | 510 | 6,590 | 1,063 | 1,939 |
| Gross profit | 3,429 | 6,507 | 15,955 | 26,819 | 46,530 |
| SG&A | 4,761 | 6,504 | 12,573 | 24,015 | 42,488 |
| Operating income | -1,332 | 3 | 3,382 | 2,804 | 4,042 |
| Pretax income | -1,813 | 554 | 3,008 | 1,889 | 2,840 |
| Income tax | 17 | 19 | -289 | -721 | -1,757 |
| Net income attributable to owners | -1,830 | 534 | 3,297 | 2,611 | 4,596 |
| Operating margin | -35.9% | 0.0% | 15.0% | 10.1% | 8.3% |
Year-end figures from filings. Unreported items are omitted. Interest-bearing debt excludes lease liabilities.
| Item | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
|---|---|---|---|---|---|
| Cash and equivalents | ¥2.22B | ¥3.57B | ¥2.72B | ¥7.2B | ¥7.16B |
| Total assets | ¥12B | ¥24.7B | ¥23.2B | ¥67.2B | ¥69.2B |
| Net assets | ¥192.6M | ¥2.91B | ¥6.88B | ¥28.3B | ¥32.2B |
| Share capital | ¥1.83B | ¥12.2M | ¥65.6M | ¥10M | ¥26.6M |
| Property, plant and equipment | ¥1.03B | ¥9.87B | ¥12.8B | ¥21.8B | ¥21B |
| Intangible assets excluding goodwill | ¥6.9M | ¥29M | ¥30.2M | ¥25.8B | ¥24.5B |
| Goodwill | — | — | — | ¥25.8B | ¥24.4B |
| Investment securities | ¥210M | ¥193.1M | ¥179.9M | ¥2.4M | ¥1.54B |
| Current assets | ¥9.36B | ¥12.9B | ¥7.96B | ¥13.1B | ¥13.9B |
| Current liabilities | ¥2.19B | ¥4.75B | ¥5.78B | ¥8.23B | ¥9.17B |
| Short-term borrowings | ¥1.1B | ¥587.2M | ¥984M | — | — |
| Long-term borrowings | ¥6.39B | ¥10.5B | ¥6.02B | ¥15.4B | ¥12.7B |
| Bonds | — | ¥918.4M | — | — | — |
| Interest-bearing debt | — | ¥12Bderived | — | — | — |
| Total liabilities | ¥11.8B | ¥21.7B | ¥16.3B | ¥38.8B | ¥37B |
| Equity attributable to owners of parent | ¥181.8M | ¥2.9B | ¥6.82B | ¥28.1B | ¥32B |
| Retained earnings | -¥3.81B | ¥366.7M | ¥4.44B | ¥7.05B | ¥10.9B |
| Treasury stock | -¥3M | -¥3M | -¥3M | -¥3M | -¥3M |
EDINET (FSA Japan)
有価証券報告書－第152期(2025/04/01－2026/03/31)
EDINET (FSA Japan)
有価証券報告書－第151期(2024/04/01－2025/03/31)
EDINET (FSA Japan)
有価証券報告書－第150期(2023/04/01－2024/03/31)
EDINET (FSA Japan)
有価証券報告書－第149期(2022/04/01－2023/03/31)
EDINET (FSA Japan)
有価証券報告書－第148期(令和3年4月1日－令和4年3月31日)
EDINET (FSA Japan)
有価証券報告書－第147期(令和2年4月1日－令和3年3月31日)
Extracted from XBRL: 48 / Derived from other figures: 1
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