# Prestige International Inc.: 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40期(2025/04/01－2026/03/31) (S100YFPN)
> Page: https://vizora.meequs.com/en/company/prestige-international
> Retrieved: 2026-09-30T23:28:20.412Z

## Company

Prestige International, founded in 1986, is a company in Credit Cards & Consumer Credit listed on TSE Prime. It has 5,649 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | Prestige International Inc. |
| Ticker | 4290 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/4290.T) |
| Listing | TSE Prime |
| Head office | 東京都千代田区麹町二丁目4番地1 |
| Representative (per filing) | 代表取締役社長執行役員グループCEO 玉上 進一 |
| Founded | Oct 1986 |
| Share capital | ¥1.6B |
| Employees (consolidated) | 5,649 |
| Fiscal year end | March |
| Website | www.prestigein.com (https://www.prestigein.com/) |
| Corporate number | 1010001089262 |
| EDINET | E05205 |
| Industries (Vizora) | Credit Cards & Consumer Credit, Business Process Outsourcing |

> Profile source: annual securities report (S100YFPN, filed 2026-06-22). As of filing

## Key points (generated from figures)

- About 93% of Prestige International's sales come from Japan, with America and Europe and Asia and Oceania making up much of the rest.
- Out of every ¥100 of sales, about ¥13 is left as operating profit.
- Revenue changed +11.3% from the prior year, operating profit +11.4%.

## Company structure

- Segment revenue mix: Japan 92.9%、America and Europe 4.7%、Asia and Oceania 2.4%
- Revenue → net income: ¥70911322000 → ¥6709209000
- Net income → operating cash flow: ¥6709209000 → ¥10466987000（difference ¥3757778000）
- Main uses of operating cash flow: CapEx ¥6361523000 / dividends ¥3159585000 / buybacks ¥1471892000
- Change in cash: ¥4664459000
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 | ¥70.9B |  |
| Operating income | ¥8.87B | Margin 12.5% |
| Net income | ¥5.92B | Margin 8.3% |
| Free cash flow | ¥4.11B |  |
| Largest business | Japan | of segment revenue 92.9% |
| Employees (consolidated) | 5,649 |  |
| EPS | ¥22.19 |  |
| Diluted EPS | ¥22.14 |  |
| Book value per share | ¥157.25 |  |
| Equity ratio | 58.8% |  |
| Shares outstanding | 127,176,300 |  |
| Treasury shares | 2,441,500 |  |
| Shareholders | 4,761 |  |
| Cash ratio | 34.1% | Cash ÷ revenue 39.6% |
| Vs. industry median margin | -5.6 pp | Credit Cards & Consumer Credit |
| ROE | 13.6% | Derived from disclosed figures |
| ROA | 7.7% | Derived from disclosed figures |

## Notable figures

- FY2026, one segment accounts for 89% of positive segment profit
- FY2026, cash is 34% of total assets

## What changed in 5 years

| Metric | FY ending Mar 2021 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥40617631000 | ¥70911322000 | +74.6% |
| Operating income | ¥5233204000 | ¥8869912000 | +69.5% |
| Operating margin | 12.9% | 12.5% | -0.4 pp |
| Employees | 4,192 people | 5,649 people | +34.8% |
| Cash and equivalents | ¥16291368000 | ¥28061445000 | +72.2% |

### 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.

| Flow | Revenue share |
| --- | ---: |
| 日本 → 日本 | 92.9% |
| 日本 → 事業再編・廃止 | 1.9% |
| 米州・欧州 → 米州・欧州 | 4.1% |
| アジア・オセアニア → アジア・オセアニア | 1.1% |
| 新設・再編 → 米州・欧州 | 0.6% |
| 新設・再編 → アジア・オセアニア | 1.3% |

Segment revenue source references: 6 (derived)

## Business growth × margin

X-axis: segment revenue CAGR. Y-axis: latest operating margin. Bubble size: latest revenue. CAGR requires at least two comparable years.

| Segment | CAGR span | Revenue CAGR | Latest revenue | Operating margin | Source refs |
| --- | ---: | ---: | ---: | ---: | ---: |
| Japan | 5 years | +11.3% | ¥65905621000 | 13.8% | 2 |
| America and Europe | 5 years | +14.9% | ¥3308139000 | 19.0% | 2 |
| Asia and Oceania | 5 years | +31.6% | ¥1697561000 | 29.9% | 2 |

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

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 70,911 | 100.0% | S100YFPN |
| Cost of revenue | 55,594 | 78.4% | S100YFPN |
| Gross profit | 15,317 | 21.6% | S100YFPN |
| SG&A | 6,447 | 9.1% | S100YFPN |
| Operating income | 8,870 | 12.5% | S100YFPN |
| Ordinary income | 9,772 | 13.8% | S100YFPN |
| Pretax income | 9,812 | 13.8% | S100YFPN |
| Income tax | 3,103 | 4.4% | S100YFPN |
| Net income | 6,709 | 9.5% | S100YFPN |
| Net income attributable to owners | 5,920 | 8.3% | S100YFPN |

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

| Part | JPY |
| --- | ---: |
| Cost of revenue | 78 |
| SG&A | 9 |
| Operating income | 13 |
| (Ref.) Net income | 8 |

### Margin funnel

Gross margin 21.6% → Operating margin 12.5% → Net margin 8.3%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue and profit up
Revenue growth: +11.3%; Core profit growth: +11.4%
Growth quality: similar-growth
Operating leverage (core profit growth ÷ revenue growth): 1.01×
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 | 63,720 | 70,911 | 7,192 | +11.3% |
| Gross profit | 14,038 | 15,317 | 1,280 | +9.1% |
| Operating income | 7,961 | 8,870 | 909 | +11.4% |
| Net income attributable to owners | 4,870 | 5,920 | 1,050 | +21.6% |
| Operating cash flow | 7,841 | 10,467 | 2,626 | +33.5% |
| Free cash flow | 4,397 | 4,105 | -291 | -6.6% |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2020 | 42,378 | 4,959 | 11.7% | 3,193 | 5,934 | 3,007 | S100LPUS |
| FY ending Mar 2021 | 40,618 | 5,233 | 12.9% | 2,969 | 4,631 | 1,063 | S100OE2M |
| FY ending Mar 2022 | 46,744 | 6,842 | 14.6% | 4,357 | 6,610 | 2,706 | S100R27H |
| FY ending Mar 2023 | 54,563 | 7,841 | 14.4% | 5,319 | 7,888 | 5,430 | S100TST4 |
| FY ending Mar 2024 | 58,739 | 7,922 | 13.5% | 5,791 | 5,884 | 2,744 | S100W1Q5 |
| FY ending Mar 2025 | 63,720 | 7,961 | 12.5% | 4,870 | 7,841 | 4,397 | S100YFPN |
| FY ending Mar 2026 | 70,911 | 8,870 | 12.5% | 5,920 | 10,467 | 4,105 | S100YFPN |

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

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥12.6M |
| Operating income per employee (consolidated) | ¥1.6M |
| Net income per employee (consolidated) | ¥1M |

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) | 4,481 | 4,757 | 4,982 | 5,270 | 5,649 |
| Average salary (parent company) | — | — | — | — | — |
| Average age (parent company) | — | — | — | — | — |
| Average tenure (parent company) | — | — | — | — | — |

Year over year: Employees (consolidated) +7.2% · Revenue (consolidated) +11.3%

## Segments（FY ending Mar 2026, consolidated, J-GAAP、JPY mn）

| Segment | Revenue | Share | Op. income | Op. margin |
| --- | ---: | ---: | ---: | ---: |
| Japan | 65,906 | 92.9% | 9,087 | 13.8% |
| America and Europe | 3,308 | 4.7% | 628 | 19.0% |
| Asia and Oceania | 1,698 | 2.4% | 508 | 29.9% |

### segmentMix — Revenue and profit mix

Calculated from disclosed figures (DERIVED). Shares use total segment revenue and total positive segment profit respectively. Difference = profit share − revenue share (pt). Inter-segment sales may prevent reconciliation to company revenue.

| Segment | Revenue share | Profit share | Difference (pt) | Margin |
| --- | ---: | ---: | ---: | ---: |
| Japan | 92.9% | 88.9% | -4.1 | 13.8% |
| America and Europe | 4.7% | 6.1% | 1.5 | 19.0% |
| Asia and Oceania | 2.4% | 5.0% | 2.6 | 29.9% |

Segment → industry: Japan → Credit Cards & Consumer Credit / Asia and Oceania → Business Process Outsourcing / America and Europe → Business Process Outsourcing / Japan → Business Process Outsourcing

## 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 | 10,467 | 14.8% | S100YFPN |
| Capital expenditure | 6,362 | 9.0% | S100YFPN |
| Free cash flow | 4,105 | 5.8% | 算出 |
| Investing cash flow | -6,913 | -9.7% | S100YFPN |
| Financing cash flow | 776 | 1.1% | S100YFPN |
| Dividends paid | 3,160 | 4.5% | S100YFPN |
| Share buyback | 1,472 | 2.1% | S100YFPN |
| Change in cash | 4,664 | 6.6% | S100YFPN |
| Cash and equivalents | 28,061 | 39.6% | S100YFPN |

## 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 | 18,218 | 21,652 | 22,780 | 23,397 | 28,061 | S100TST4, S100W1Q5, S100YFPN |
| Total assets | 54,029 | 60,273 | 67,836 | 71,591 | 82,244 | S100R27H, S100TST4, S100W1Q5, S100YFPN |
| Net assets | 36,566 | 41,818 | 47,225 | 49,642 | 52,486 | S100TST4, S100W1Q5, S100YFPN |
| Share capital | 1,520 | 1,571 | 1,601 | 1,601 | 1,601 | S100R27H, S100TST4, S100W1Q5, S100YFPN |
| Property, plant and equipment | 13,227 | 13,697 | 14,941 | 16,221 | 19,948 | S100R27H, S100TST4, S100W1Q5, S100YFPN |
| Intangible assets excluding goodwill | 1,811 | 2,026 | 2,135 | 2,320 | 3,766 | S100R27H, S100TST4, S100W1Q5, S100YFPN |
| Goodwill | — | 135 | 105 | 181 | 513 | S100TST4, S100W1Q5, S100YFPN |
| Investment securities | 6,792 | 7,655 | 8,887 | 9,592 | 10,610 | S100R27H, S100TST4, S100W1Q5, S100YFPN |
| Current assets | 31,203 | 35,893 | 40,740 | 42,224 | 46,629 | S100R27H, S100TST4, S100W1Q5, S100YFPN |
| Current liabilities | 14,572 | 15,702 | 17,779 | 19,095 | 26,827 | S100R27H, S100TST4, S100W1Q5, S100YFPN |
| Trade payables | 1,085 | 1,350 | 1,423 | 1,434 | 1,645 | S100R27H, S100TST4, S100W1Q5, S100YFPN |
| Short-term borrowings | 500 | — | — | — | 6,000 | S100R27H, S100YFPN |
| Long-term borrowings | 375 | 250 | 125 | — | — | S100R27H, S100TST4, S100W1Q5 |
| Total liabilities | 17,463 | 18,455 | 20,612 | 21,949 | 29,758 | S100R27H, S100TST4, S100W1Q5, S100YFPN |
| Non-controlling interests | 2,049 | 2,489 | 2,924 | 3,350 | 3,850 | S100R27H, S100TST4, S100W1Q5, S100YFPN |
| Equity attributable to owners of parent | 32,576 | 36,782 | 40,603 | 42,764 | 44,135 | S100R27H, S100TST4, S100W1Q5, S100YFPN |
| Retained earnings | 28,685 | 32,789 | 37,044 | 39,619 | 41,480 | S100R27H, S100TST4, S100W1Q5, S100YFPN |
| Treasury stock | -418 | -418 | -899 | -1,279 | -1,647 | S100R27H, S100TST4, S100W1Q5, S100YFPN |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 34% | S100YFPN |
| Property, plant and equipment | 24% | S100YFPN |
| Intangibles and goodwill | 5% | S100YFPN |
| Investment securities | 13% | S100YFPN |
| Other assets | 24% | S100YFPN |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Trade payables | 2% | S100YFPN |
| Other liabilities | 34% | S100YFPN |
| Equity | 64% | S100YFPN |

### 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 | 54,029 | 60,273 | 67,836 | 71,591 | 82,244 |
| Equity | 36,566 | 41,818 | 47,225 | 49,642 | 52,486 |
| Interest-bearing debt | — | — | — | — | — |
| Cash | 18,218 | 21,652 | 22,780 | 23,397 | 28,061 |

## 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) | 28.1% | S100YFPN |
| Fixed assets ÷ total assets | 24.3% | S100YFPN |
| Goodwill ÷ parent equity | 1.2% | S100YFPN |

### 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) | 34.1% |
| Cash ÷ revenue | 39.6% |
| Net cash (cash − interest-bearing debt) | — |
| Net debt ÷ operating cash flow | — |
| Cash conversion (operating CF ÷ operating income) | 118.0% |
| Cash vs. profit gap | 4,547 JPY mn (of net income 76.8%) |
| Shareholder returns / net income | 78.2% |
| Shareholder returns / FCF | 112.8% |
| Shareholder payments — dividends / net income | 53.4% |
| Shareholder payments — dividends / FCF | 77.0% |
| CapEx intensity (capex ÷ revenue) | 9.0% |
| Investing CF relative to operating CF | 66.0% |

## 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 | 9.3% | 0.87× | 8.1% | 1.66× | 13.4% | S100R27H |
| 2023 | 9.7% | 0.95× | 9.3% | 1.65× | 15.3% | S100TST4 |
| 2024 | 9.9% | 0.92× | 9.0% | 1.66× | 15.0% | S100W1Q5 |
| 2025 | 7.6% | 0.91× | 7.0% | 1.67× | 11.7% | S100YFPN |
| 2026 | 8.3% | 0.92× | 7.7% | 1.77× | 13.6% | S100YFPN |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 株式会社タマガミインターナショナル | Major shareholder | 28.9% | 2026-03-31 |
| 日本マスタートラスト信託銀行株式会社(信託口) | Major shareholder | 10.8% | 2026-03-31 |
| 株式会社日本カストディ銀行（信託口） | Major shareholder | 5.4% | 2026-03-31 |
| GOLDMAN, SACHS & CO. REG （常任代理人 ゴールドマン・サックス証券株式会社） | Major shareholder | 3.4% | 2026-03-31 |
| NORTHERN TRUST CO.(AVFC) RE UKUC UCITS CLIENTS NON LENDING 10PCT TREATY ACCOUNT （常任代理人 香港上海銀行東京支店） | Major shareholder | 3.2% | 2026-03-31 |
| STATE STREET BANK AND TRUST COMPANY 505301 （常任代理人 株式会社みずほ銀行決済営業部） | Major shareholder | 2.9% | 2026-03-31 |
| NORTHERN TRUST CO.(AVFC) RE FIDELITY FUNDS （常任代理人 香港上海銀行東京支店） | Major shareholder | 2.8% | 2026-03-31 |
| 野村信託銀行株式会社（投信口） | Major shareholder | 2.0% | 2026-03-31 |
| 光通信ＫＫ投資事業有限責任組合 | Major shareholder | 2.0% | 2026-03-31 |
| BBH FOR FIDELITY LOW-PRICED STOCK FUNDS （常任代理人 株式会社三菱UFJ銀行） | Major shareholder | 2.0% | 2026-03-31 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第40期(2025/04/01－2026/03/31) | S100YFPN | 2026-06-22 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YFPN,, |
| 有価証券報告書－第39期(2024/04/01－2025/03/31) | S100W1Q5 | 2025-06-23 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100W1Q5,, |
| 有価証券報告書－第38期(2023/04/01－2024/03/31) | S100TST4 | 2024-06-27 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100TST4,, |
| 有価証券報告書－第37期(2022/04/01－2023/03/31) | S100R27H | 2023-06-23 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100R27H,, |
| 有価証券報告書－第36期(令和3年4月1日－令和4年3月31日) | S100OE2M | 2022-06-24 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100OE2M,, |
| 有価証券報告書－第35期(令和2年4月1日－令和3年3月31日) | S100LPUS | 2021-06-25 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100LPUS,, |

## 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).