# SAKURASAKU PLUS,Co.,Ltd: business model and financials

> Latest period: FY ending Jul 2025, consolidated, J-GAAP
> Unit: JPY millions
> Sources: 有価証券報告書－第8期(2024/08/01－2025/07/31) (S100WWP5)
> Page: https://vizora.meequs.com/en/company/sakurasaku-plus
> Retrieved: 2026-09-30T21:02:41.645Z

## Company

Sakurasaku Plus, founded in 2017, is a company in Childcare listed on TSE Growth. It has 1,804 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | SAKURASAKU PLUS,Co.,Ltd. |
| Ticker | 7097 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/7097.T) |
| Listing | TSE Growth |
| Head office | 東京都千代田区有楽町一丁目2番2号 東宝日比谷ビル |
| Representative (per filing) | 代表取締役社長 西尾 義隆 |
| Founded | Aug 2017 |
| Share capital | ¥589M |
| Employees (consolidated) | 1,804 |
| Average salary (parent only) | ¥5M |
| Fiscal year end | July |
| Website | www.sakurasakuplus.jp (https://www.sakurasakuplus.jp/) |
| Corporate number | 6010001185437 |
| EDINET | E35611 |
| Industries (Vizora) | Childcare |

> Profile source: annual securities report (S100WWP5, filed 2025-10-23). As of filing

## Five-axis industry profile

Primary industry: Childcare (2025-07-31)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Revenue growth | 85 | 10 |
| Profitability | 70.8 | 12 |
| Cash conversion | 95.8 | 12 |
| Efficiency | 45.8 | 12 |
| Financial strength | 16.7 | 3 |

Each axis is shown independently. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

## Key points (generated from figures)

- Sakurasaku Plus brought in ¥18.4B in revenue.
- Out of every ¥100 of sales, about ¥6 is left as operating profit.
- Revenue changed +6.8% from the prior year, operating profit +47.0%.

## Company structure

- Segment revenue mix: Segment revenue breakdown is not disclosed
- Revenue → net income: ¥18388000000 → ¥610000000
- Net income → operating cash flow: ¥610000000 → ¥2250000000（difference ¥1640000000）
- Main uses of operating cash flow: CapEx ¥119000000 / dividends ¥103000000 / buybacks ¥0
- Change in cash: ¥1029000000
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 | ¥18.4B |  |
| Operating income | ¥1.14B | Margin 6.2% |
| Net income | ¥611M | Margin 3.3% |
| Free cash flow | ¥2.13B |  |
| Employees (consolidated) | 1,804 |  |
| EPS | ¥70.69 |  |
| Diluted EPS | ¥68.1 |  |
| Book value per share | ¥354.12 |  |
| Equity ratio | 43.9% |  |
| Shares outstanding | 4,564,900 |  |
| Treasury shares | 173,800 |  |
| Shareholders | 5,519 |  |
| Average salary (parent only) | ¥5M | Filing company only |
| Cash ratio | 19.0% | Net cash -¥554M · Cash ÷ revenue 13.7% |
| Vs. industry median margin | +2.2 pp | Childcare |
| ROE | 11.0% | Derived from disclosed figures |
| ROA | 4.5% | Derived from disclosed figures |

## Notable figures

- FY2025, operating cash flow is 3.7× net income
- FY2025, parent-company salary changed -24% over five years

## What changed in 5 years

| Metric | FY ending Jul 2020 | FY ending Jul 2025 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥7629668000 | ¥18388000000 | +141.0% |
| Operating income | ¥241154000 | ¥1139000000 | +372.3% |
| Operating margin | 3.2% | 6.2% | +3 pp |
| Employees | 1,100 people | 1,804 people | +64.0% |
| Cash and equivalents | ¥790000000 | ¥2521000000 | +219.1% |

### Change in segment revenue mix

Span: FY ending Jul 2020 → FY ending Jul 2025. Stable segment keys are connected; unmatched shares are marked as new or reorganized. Shares use total segment revenue.

## Income statement（FY ending Jul 2025, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 18,388 | 100.0% | S100WWP5 |
| Cost of revenue | 15,510 | 84.3% | S100WWP5 |
| Gross profit | 2,878 | 15.7% | S100WWP5 |
| SG&A | 1,739 | 9.5% | S100WWP5 |
| Operating income | 1,139 | 6.2% | S100WWP5 |
| Ordinary income | 1,032 | 5.6% | S100WWP5 |
| Pretax income | 689 | 3.7% | S100WWP5 |
| Income tax | 79 | 0.4% | S100WWP5 |
| Net income | 610 | 3.3% | S100WWP5 |
| Net income attributable to owners | 611 | 3.3% | S100WWP5 |

## Per ¥100 of revenue（FY ending Jul 2025）

| Part | JPY |
| --- | ---: |
| Cost of revenue | 84 |
| SG&A | 10 |
| Operating income | 6 |
| (Ref.) Net income | 3 |

### Margin funnel

Gross margin 15.7% → Operating margin 6.2% → Net margin 3.3%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue and profit up
Revenue growth: +6.8%; Core profit growth: +47.0%
Growth quality: margin-expansion
Operating leverage (core profit growth ÷ revenue growth): 6.87×
Calculated from comparable annual consolidated filings.

## Year over year（FY ending Jul 2024 → FY ending Jul 2025、JPY mn）

| Metric | Prior | Current | Change | % change |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 17,212 | 18,388 | 1,176 | +6.8% |
| Gross profit | 2,312 | 2,878 | 566 | +24.5% |
| Operating income | 775 | 1,139 | 364 | +47.0% |
| Net income attributable to owners | 607 | 611 | 4 | +0.7% |
| Operating cash flow | 3,113 | 2,250 | -863 | -27.7% |
| Free cash flow | 2,073 | 2,131 | 58 | +2.8% |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Jul 2019 | 5,154 | 45 | 0.9% | 698 | 1,485 | -274 | S100JZTQ |
| FY ending Jul 2020 | 7,630 | 241 | 3.2% | 934 | 1,816 | 74 | S100MNJF |
| FY ending Jul 2021 | 10,004 | 464 | 4.6% | 956 | 1,720 | -507 | S100PEHP |
| FY ending Jul 2022 | 11,992 | 21 | 0.2% | 365 | 176 | -1,916 | S100S2PA |
| FY ending Jul 2023 | 13,844 | 314 | 2.3% | 325 | 87 | -1,466 | S100UKUL |
| FY ending Jul 2024 | 17,212 | 775 | 4.5% | 607 | 3,113 | 2,073 | S100WWP5 |
| FY ending Jul 2025 | 18,388 | 1,139 | 6.2% | 611 | 2,250 | 2,131 | S100WWP5 |

## People and productivity（FY ending Jul 2025, consolidated, J-GAAP）

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥10.2M |
| Operating income per employee (consolidated) | ¥631.4K |
| Net income per employee (consolidated) | ¥338.7K |

Employees, revenue and profit are consolidated. Average annual salary is a separate parent-company figure. Calculated from disclosed figures (DERIVED).

| History | FY ending Jul 2021 | FY ending Jul 2022 | FY ending Jul 2023 | FY ending Jul 2024 | FY ending Jul 2025 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Employees (consolidated) | 1,380 | 1,641 | 1,730 | 1,771 | 1,804 |
| Average salary (parent company) | ¥6.6M | ¥6M | ¥6M | ¥5M | ¥5M |
| Average age (parent company) | 41.2 years | 42.0 years | 42.9 years | 41.4 years | 42.8 years |
| Average tenure (parent company) | 3.6 years | 4.8 years | 5.4 years | 6.5 years | 6.7 years |

Year over year: Employees (consolidated) +1.9% · Revenue (consolidated) +6.8%

## Revenue by geography

No geographic revenue breakdown was disclosed.

## Cash flow（FY ending Jul 2025, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Operating cash flow | 2,250 | 12.2% | S100WWP5 |
| Capital expenditure | 119 | 0.6% | S100WWP5 |
| Free cash flow | 2,131 | 11.6% | 算出 |
| Investing cash flow | -246 | -1.3% | S100WWP5 |
| Financing cash flow | -973 | -5.3% | S100WWP5 |
| Dividends paid | 103 | 0.6% | S100WWP5 |
| Share buyback | 0 | 0.0% | S100WWP5 |
| Change in cash | 1,029 | 5.6% | S100WWP5 |
| Cash and equivalents | 2,521 | 13.7% | S100WWP5 |

## 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 Jul 2021 | FY ending Jul 2022 | FY ending Jul 2023 | FY ending Jul 2024 | FY ending Jul 2025 | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | 1,158 | 1,351 | 744 | 1,492 | 2,521 | S100S2PA, S100UKUL, S100WWP5 |
| Total assets | 11,382 | 13,421 | 14,488 | 13,638 | 13,258 | S100PEHP, S100S2PA, S100UKUL, S100WWP5 |
| Net assets | 4,256 | 4,653 | 4,942 | 5,288 | 5,821 | S100S2PA, S100UKUL, S100WWP5 |
| Share capital | 548 | 574 | 580 | 581 | 589 | S100PEHP, S100S2PA, S100UKUL, S100WWP5 |
| Property, plant and equipment | 7,589 | 8,295 | 9,202 | 8,317 | 7,062 | S100PEHP, S100S2PA, S100UKUL, S100WWP5 |
| Intangible assets excluding goodwill | 429 | 124 | 375 | 375 | 441 | S100PEHP, S100S2PA, S100UKUL, S100WWP5 |
| Goodwill | 127 | — | — | 124 | 226 | S100PEHP, S100WWP5 |
| Current assets | 2,448 | 4,162 | 4,022 | 4,019 | 4,766 | S100PEHP, S100S2PA, S100UKUL, S100WWP5 |
| Current liabilities | 2,807 | 3,597 | 3,325 | 3,202 | 2,948 | S100PEHP, S100S2PA, S100UKUL, S100WWP5 |
| Short-term borrowings | 1,013 | 1,325 | 1,440 | 1,053 | 496 | S100PEHP, S100S2PA, S100UKUL, S100WWP5 |
| Long-term borrowings | 1,641 | 2,538 | 3,639 | 2,763 | 2,480 | S100PEHP, S100S2PA, S100UKUL, S100WWP5 |
| Bonds | — | — | — | 199 | 99 | S100WWP5 |
| Interest-bearing debt | — | — | — | 4,015 | 3,075 | 算出 |
| Total liabilities | 7,125 | 8,767 | 9,545 | 8,349 | 7,436 | S100PEHP, S100S2PA, S100UKUL, S100WWP5 |
| Non-controlling interests | 19 | 21 | 22 | 20 | — | S100PEHP, S100S2PA, S100UKUL, S100WWP5 |
| Equity attributable to owners of parent | 4,237 | 4,631 | 4,920 | 5,267 | 5,821 | S100PEHP, S100S2PA, S100UKUL, S100WWP5 |
| Retained earnings | 2,954 | 3,297 | 3,573 | 4,118 | 4,626 | S100PEHP, S100S2PA, S100UKUL, S100WWP5 |
| Treasury stock | — | — | — | -199 | -167 | S100WWP5 |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 19% | S100WWP5 |
| Property, plant and equipment | 53% | S100WWP5 |
| Intangibles and goodwill | 5% | S100WWP5 |
| Other assets | 23% | S100WWP5 |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Interest-bearing debt | 23% | 算出 |
| Other liabilities | 33% | S100WWP5 |
| Equity | 44% | S100WWP5 |
| Other liabilities | 0% | S100WWP5 |

### Balance sheet history

| Metric | FY ending Jul 2021 | FY ending Jul 2022 | FY ending Jul 2023 | FY ending Jul 2024 | FY ending Jul 2025 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Total assets | 11,382 | 13,421 | 14,488 | 13,638 | 13,258 |
| Equity | 4,256 | 4,653 | 4,942 | 5,288 | 5,821 |
| Interest-bearing debt | — | — | — | 4,015 | 3,075 |
| Cash | 1,158 | 1,351 | 744 | 1,492 | 2,521 |

## 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) | 38.4% | S100WWP5 |
| Fixed assets ÷ total assets | 53.3% | S100WWP5 |
| Goodwill ÷ parent equity | 3.9% | S100WWP5 |

Goodwill over 4 years: 127 → 226 JPY; total investing cash flow: -6,902 JPY. This does not imply causation.

### 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) | 19.0% |
| Cash ÷ revenue | 13.7% |
| Net cash (cash − interest-bearing debt) | -¥554M |
| Net debt ÷ operating cash flow | 0.25× |
| Cash conversion (operating CF ÷ operating income) | 197.5% |
| Cash vs. profit gap | 1,639 JPY mn (of net income 268.2%) |
| Shareholder returns / net income | 16.9% |
| Shareholder returns / FCF | 4.8% |
| Shareholder payments — dividends / net income | 16.9% |
| Shareholder payments — dividends / FCF | 4.8% |
| CapEx intensity (capex ÷ revenue) | 0.6% |
| Investing CF relative to operating CF | 10.9% |

## 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 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| 2021 | 9.6% | 0.88× | 8.4% | 2.69× | 22.6% | S100PEHP |
| 2022 | 3.0% | 0.97× | 2.9% | 2.80× | 8.2% | S100S2PA |
| 2023 | 2.3% | 0.99× | 2.3% | 2.92× | 6.8% | S100UKUL |
| 2024 | 3.5% | 1.22× | 4.3% | 2.76× | 11.9% | S100WWP5 |
| 2025 | 3.3% | 1.37× | 4.5% | 2.43× | 11.0% | S100WWP5 |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 株式会社ＴＫＳ | Major shareholder | 15.2% | 2025-07-31 |
| 株式会社だいぎ | Major shareholder | 10.9% | 2025-07-31 |
| 株式会社プラスユー | Major shareholder | 10.6% | 2025-07-31 |
| 中山 隆志 | Major shareholder | 10.4% | 2025-07-31 |
| 田中 順也 | Major shareholder | 4.3% | 2025-07-31 |
| 西尾 義隆 | Major shareholder | 4.1% | 2025-07-31 |
| 株式会社クリエイトバリュー | Major shareholder | 3.7% | 2025-07-31 |
| 森田 周平 | Major shareholder | 2.8% | 2025-07-31 |
| 株式会社フルタイムシステム | Major shareholder | 1.5% | 2025-07-31 |
| 政岡 元 | Major shareholder | 1.4% | 2025-07-31 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第8期(2024/08/01－2025/07/31) | S100WWP5 | 2025-10-23 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100WWP5,, |
| 有価証券報告書－第7期(2023/08/01－2024/07/31) | S100UKUL | 2024-10-24 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100UKUL,, |
| 有価証券報告書－第6期(2022/08/01－2023/07/31) | S100S2PA | 2023-10-26 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100S2PA,, |
| 有価証券報告書－第5期(令和3年8月1日－令和4年7月31日) | S100PEHP | 2022-10-26 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100PEHP,, |
| 有価証券報告書－第4期(令和2年8月1日－令和3年7月31日) | S100MNJF | 2021-10-26 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100MNJF,, |
| 有価証券報告書－第3期(令和1年8月1日－令和2年7月31日) | S100JZTQ | 2020-10-29 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100JZTQ,, |

## 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).