Sanyo Engineering & ConstructionSanyo Engineering & Construction Inc.1960東証スタンダード建設業FY ending Mar 2026, consolidated, J-GAAP

Sanyo Engineering & Construction revenue and profit

Out of every ¥100 of sales, about ¥5 is left as operating profit. Revenue changed -10.0% from the prior year, operating profit +42.0%.

Five-year trend

Revenue¥61.1B
FY ending Mar 2022: ¥39.9B¥39.9BFY ending Mar 2023: ¥38.9B¥38.9BFY ending Mar 2024: ¥50.7B¥50.7BFY ending Mar 2025: ¥67.9B¥67.9BFY ending Mar 2026: ¥61.1B¥61.1BFY22FY23FY24FY25FY26
Operating income¥3.01B
FY ending Mar 2022: -¥227.2M-¥227.2MFY ending Mar 2023: -¥827.7M-¥827.7MFY ending Mar 2024: -¥1.28B-¥1.28BFY ending Mar 2025: ¥2.12B¥2.12BFY ending Mar 2026: ¥3.01B¥3.01BFY22FY23FY24FY25FY26
Operating margin4.9%
FY ending Mar 2022: -0.6%-0.6%FY ending Mar 2023: -2.1%-2.1%FY ending Mar 2024: -2.5%-2.5%FY ending Mar 2025: 3.1%3.1%FY ending Mar 2026: 4.9%4.9%FY22FY23FY24FY25FY26

What drives ROE

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

Net margin4.5%
Asset turnover1.02×
ROA4.6%
ROA4.6%
Financial leverage2.05×
ROE9.5%

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

Net margin4.5%
2023: 1.2%1.2%2025: 2.6%2.6%2026: 4.5%4.5%2223242526
Asset turnover1.02×
2023: 0.85×0.85×2025: 1.26×1.26×2026: 1.02×1.02×2223242526
ROA4.6%
2022: -0.1%-0.1%2023: 1.1%1.1%2024: -1.6%-1.6%2025: 3.2%3.2%2026: 4.6%4.6%2223242526
Financial leverage2.05×
2023: 1.59×1.59×2025: 1.97×1.97×2026: 2.05×2.05×2223242526
ROE9.5%
2023: 1.7%1.7%2025: 6.4%6.4%2026: 9.5%9.5%2223242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
2022——×-0.1%—×—
20231.2%0.85×1.1%1.59×1.7%
2024——×-1.6%—×—
20252.6%1.26×3.2%1.97×6.4%
20264.5%1.02×4.6%2.05×9.5%

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 ÷ revenue13.8%
2021: 17.1%17.1%2023: 18.8%18.8%2024: 16.0%16.0%2025: 12.3%12.3%2026: 13.8%13.8%212223242526
PPE ÷ total assets13.9%
2021: 15.9%15.9%2023: 16.0%16.0%2024: 16.6%16.6%2025: 14.2%14.2%2026: 13.9%13.9%212223242526
Goodwill ÷ parent equity—
2021: 0.6%0.6%212223242526
Goodwill balance—
2021: ¥188M¥188M212223242526

Ratios are derived from reported values. Goodwill is shown only when separately reported; it is not inferred from combined intangible assets. Definition

Income statement (JPY millions)

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Revenue39,87038,87750,73167,85961,077
Cost of revenue35,29634,80145,80360,07951,951
Gross profit4,5744,0774,9287,7799,125
SG&A4,8014,9046,2055,6566,111
Operating income-227-828-1,2762,1233,014
Pretax income331987-2862,5884,082
Income tax4015183957861,218
Net income attributable to owners-32479-7711,7482,766
Operating margin-0.6%-2.1%-2.5%3.1%4.9%

Balance sheet (reported items)

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

Assets

Cash 22%
Property, plant and equipment 14%
0%
6%
Other assets 58%

Funding

Other liabilities 44%
Equity 56%
0%

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¥8.8B¥10.9B¥9.53B¥8.82B¥13.1B
Total assets¥45.5B¥45.6B¥48.8B¥59B¥60.5B
Net assets¥30.4B¥30B¥28.8B¥30.6B¥33.7B
Share capital¥1.19B¥1.19B¥1.19B¥1.19B¥1.19B
Property, plant and equipment—¥7.31B¥8.1B¥8.37B¥8.4B
Intangible assets excluding goodwill—¥832.5M¥632M¥433M¥278M
Investment securities—¥3.12B¥2.97B¥2.87B¥3.46B
Current assets—¥27.9B¥30.1B¥39.8B¥39.7B
Current liabilities—¥14.8B¥18.6B¥27B¥25.2B
Short-term borrowings—¥419.4M¥1.54B¥3.05B¥3.69B
Total liabilities—¥15.6B¥20B¥28.4B¥26.9B
Non-controlling interests—¥44.7M¥64M¥122M¥219M
Equity attributable to owners of parent—¥28.6B¥26.8B¥28.1B¥30.2B
Retained earnings—¥28B¥26B¥27.3B¥29.4B
Treasury stock—-¥591.6M-¥475M-¥475M-¥476M

Sources

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

    有価証券報告書-第79期(2025/04/01-2026/03/31)

    ID S100YFBB2026-06-22Open
  • EDINET (FSA Japan)

    有価証券報告書-第78期(2024/04/01-2025/03/31)

    ID S100W44F2025-06-25Open
  • EDINET (FSA Japan)

    訂正有価証券報告書-第77期(2023/04/01-2024/03/31)

    ID S100V3G12025-01-15Open
  • EDINET (FSA Japan)

    有価証券報告書-第76期(2022/04/01-2023/03/31)

    ID S100R31Z2023-06-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第75期(令和3年4月1日-令和4年3月31日)

    ID S100OGAM2022-06-27Open
  • EDINET (FSA Japan)

    有価証券報告書-第74期(令和2年4月1日-令和3年3月31日)

    ID S100LPLM2021-06-25Open

Extracted from XBRL: 50 / Derived from other figures: 1

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