Sankyo FrontierSANKYO FRONTIER CO.,LTD.9639東証スタンダードサービス業FY ending Mar 2026, consolidated, J-GAAP

Sankyo Frontier revenue and profit

Out of every ¥100 of sales, about ¥15 is left as operating profit. Revenue changed -3.2% from the prior year, operating profit -0.3%.

Five-year trend

Revenue¥54.3B
FY ending Mar 2022: ¥53.3B¥53.3BFY ending Mar 2023: ¥50B¥50BFY ending Mar 2024: ¥52.4B¥52.4BFY ending Mar 2025: ¥56.1B¥56.1BFY ending Mar 2026: ¥54.3B¥54.3BFY22FY23FY24FY25FY26
Operating income¥7.99B
FY ending Mar 2022: ¥9.79B¥9.79BFY ending Mar 2023: ¥6.58B¥6.58BFY ending Mar 2024: ¥8.07B¥8.07BFY ending Mar 2025: ¥8.02B¥8.02BFY ending Mar 2026: ¥7.99B¥7.99BFY22FY23FY24FY25FY26
Operating margin14.7%
FY ending Mar 2022: 18.4%18.4%FY ending Mar 2023: 13.2%13.2%FY ending Mar 2024: 15.4%15.4%FY ending Mar 2025: 14.3%14.3%FY ending Mar 2026: 14.7%14.7%FY22FY23FY24FY25FY26

What drives ROE

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

Net margin10.2%
Asset turnover0.80×
ROA8.2%
ROA8.2%
Financial leverage1.35×
ROE11.1%

Denominators: average assets and average equity. Derived from reported values; ROE is shown only for positive profit and equity.

Net margin10.2%
2022: 11.9%11.9%2023: 8.7%8.7%2024: 10.1%10.1%2025: 9.8%9.8%2026: 10.2%10.2%2223242526
Asset turnover0.80×
2022: 0.83×0.83×2023: 0.80×0.80×2024: 0.81×0.81×2025: 0.84×0.84×2026: 0.80×0.80×2223242526
ROA8.2%
2022: 9.9%9.9%2023: 6.9%6.9%2024: 8.2%8.2%2025: 8.2%8.2%2026: 8.2%8.2%2223242526
Financial leverage1.35×
2022: 1.67×1.67×2023: 1.58×1.58×2024: 1.51×1.51×2025: 1.44×1.44×2026: 1.35×1.35×2223242526
ROE11.1%
2022: 16.5%16.5%2023: 10.9%10.9%2024: 12.3%12.3%2025: 11.8%11.8%2026: 11.1%11.1%2223242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
202211.9%0.83×9.9%1.67×16.5%
20238.7%0.80×6.9%1.58×10.9%
202410.1%0.81×8.2%1.51×12.3%
20259.8%0.84×8.2%1.44×11.8%
202610.2%0.80×8.2%1.35×11.1%

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 ÷ revenue76.5%
2022: 70.2%70.2%2023: 75.9%75.9%2024: 75.9%75.9%2025: 71.9%71.9%2026: 76.5%76.5%212223242526
PPE ÷ total assets59.2%
2022: 58.1%58.1%2023: 62.1%62.1%2024: 58.0%58.0%2025: 61.7%61.7%2026: 59.2%59.2%212223242526

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.

R&D spending¥333M
2022: ¥337M¥337M2023: ¥356M¥356M2024: ¥363M¥363M2025: ¥393M¥393M2026: ¥333M¥333M212223242526
R&D / revenue0.6%
2022: 0.6%0.6%2023: 0.7%0.7%2024: 0.7%0.7%2025: 0.7%0.7%2026: 0.6%0.6%212223242526

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 Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Revenue53,34650,00352,36956,09254,275
Cost of revenue30,38230,52231,07534,06132,289
Gross profit22,96419,48121,29422,03121,985
SG&A13,17212,89613,22214,01013,991
Operating income9,7916,5848,0728,0217,994
Pretax income9,7676,6207,8647,9678,190
Income tax3,4132,2822,5762,4642,627
Net income attributable to owners6,3534,3375,2875,5025,563
Operating margin18.4%13.2%15.4%14.3%14.7%

Balance sheet (reported items)

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

Assets

8%
Property, plant and equipment 59%
3%
0%
Other assets 30%

Funding

Other liabilities 25%
Equity 75%

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

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Cash and equivalents¥6.76B¥3.56B¥4.89B¥4.26B¥5.22B
Total assets¥64.5B¥61.1B¥68.6B¥65.3B¥70.1B
Net assets¥38.6B¥41.3B¥44.9B¥48.8B¥52.5B
Share capital¥1.54B¥1.54B¥1.54B¥1.54B¥1.54B
Property, plant and equipment¥37.5B¥38B¥39.8B¥40.3B¥41.5B
Intangible assets excluding goodwill¥473M¥556M¥802M¥1.2B¥2.11B
Investment securities¥52M¥54M¥74M¥87M¥115M
Current assets¥21.3B¥17.2B¥22.9B¥18.6B¥21B
Current liabilities¥19.9B¥16.8B¥21.2B¥14.3B¥15.5B
Short-term borrowings¥1.91B—¥2.1B¥2B¥3.5B
Long-term borrowings¥3.74B¥1.02B¥357M¥200M—
Total liabilities¥25.9B¥19.8B¥23.7B¥16.5B¥17.5B
Equity attributable to owners of parent¥38.5B¥41.1B¥44.7B¥48.4B¥52.1B
Retained earnings¥34.5B¥37.1B¥40.7B¥44.4B¥48.1B
Treasury stock-¥315M-¥316M-¥316M-¥316M-¥316M

Sources

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

    有価証券報告書-第57期(2025/04/01-2026/03/31)

    ID S100YF0N2026-06-19Open
  • EDINET (FSA Japan)

    有価証券報告書-第56期(2024/04/01-2025/03/31)

    ID S100W52Z2025-06-25Open
  • EDINET (FSA Japan)

    有価証券報告書-第55期(2023/04/01-2024/03/31)

    ID S100TU0J2024-06-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第54期(2022/04/01-2023/03/31)

    ID S100R5XD2023-06-28Open
  • EDINET (FSA Japan)

    有価証券報告書-第53期(令和3年4月1日-令和4年3月31日)

    ID S100OM2V2022-06-30Open
  • EDINET (FSA Japan)

    有価証券報告書-第52期(令和2年4月1日-令和3年3月31日)

    ID S100LOGM2021-06-24Open

Extracted from XBRL: 47 / Derived from other figures: 1

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