SE Holdings and IncubationsSE Holdings and Incubations Co., Ltd.9478東証スタンダード情報・通信業FY ending Mar 2026, consolidated, J-GAAP
Out of every ¥100 of sales, about ¥14 is left as operating profit. Revenue changed -3.0% from the prior year, operating profit +16.9%.
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 | 12.8% | 0.63× | 8.0% | 1.92× | 15.4% |
| 2023 | 13.2% | 0.63× | 8.3% | 1.89× | 15.7% |
| 2024 | 10.0% | 0.56× | 5.5% | 2.03× | 11.2% |
| 2025 | 7.3% | 0.48× | 3.5% | 2.26× | 8.0% |
| 2026 | 9.0% | 0.41× | 3.7% | 2.55× | 9.4% |
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 | 7,090 | 7,335 | 7,318 | 7,242 | 7,026 |
| Cost of revenue | 3,245 | 3,473 | 3,583 | 3,700 | 3,624 |
| Gross profit | 3,844 | 3,862 | 3,734 | 3,541 | 3,402 |
| SG&A | 2,361 | 2,425 | 2,518 | 2,723 | 2,446 |
| Operating income | 1,483 | 1,437 | 1,215 | 817 | 955 |
| Pretax income | 1,389 | 1,386 | 1,127 | 803 | 927 |
| Income tax | 481 | 421 | 397 | 272 | 293 |
| Net income attributable to owners | 907 | 965 | 729 | 531 | 633 |
| Operating margin | 20.9% | 19.6% | 16.6% | 11.3% | 13.6% |
Year-end figures from filings. Unreported items are omitted. Interest-bearing debt excludes lease liabilities.
Each bar totals 100% of assets; other is the residual.
| Item | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
|---|---|---|---|---|---|
| Cash and equivalents | ¥3.11B | ¥2.6B | ¥2.94B | ¥2.65B | ¥2.95B |
| Total assets | ¥11.3B | ¥11.9B | ¥14.5B | ¥15.5B | ¥18.7B |
| Net assets | ¥6.43B | ¥6.98B | ¥8.53B | ¥9.04B | ¥11.2B |
| Share capital | ¥1.53B | ¥1.53B | ¥1.53B | ¥1.53B | ¥1.53B |
| Property, plant and equipment | ¥1.51B | ¥1.49B | ¥1.44B | ¥1.43B | ¥1.11B |
| Intangible assets excluding goodwill | ¥41M | ¥36M | ¥43M | ¥48M | ¥29M |
| Investment securities | ¥204M | ¥189M | ¥150M | ¥115M | ¥121M |
| Current assets | ¥9.25B | ¥9.9B | ¥12.6B | ¥13.7B | ¥17.2B |
| Current liabilities | ¥3.76B | ¥3.87B | ¥3.83B | ¥3.88B | ¥3.89B |
| Short-term borrowings | ¥1.86B | ¥1.92B | ¥1.91B | ¥2.22B | ¥2.42B |
| Long-term borrowings | ¥54M | ¥180M | ¥499M | ¥849M | ¥800M |
| Bonds | ¥475M | ¥275M | ¥420M | ¥300M | ¥370M |
| Interest-bearing debt | ¥2.39Bderived | ¥2.38Bderived | ¥2.83Bderived | ¥3.37Bderived | ¥3.59Bderived |
| Total liabilities | ¥4.89B | ¥4.91B | ¥5.94B | ¥6.5B | ¥7.46B |
| Equity attributable to owners of parent | ¥5.91B | ¥6.37B | ¥6.6B | ¥6.65B | ¥6.78B |
| Retained earnings | ¥3.04B | ¥3.96B | ¥4.63B | ¥5.1B | ¥5.56B |
| Treasury stock | -¥414M | -¥369M | -¥295M | -¥451M | -¥355M |
EDINET (FSA Japan)
有価証券報告書－第41期(2025/04/01－2026/03/31)
EDINET (FSA Japan)
有価証券報告書－第40期(2024/04/01－2025/03/31)
EDINET (FSA Japan)
有価証券報告書－第39期(2023/04/01－2024/03/31)
EDINET (FSA Japan)
有価証券報告書－第38期(2022/04/01－2023/03/31)
EDINET (FSA Japan)
有価証券報告書－第37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36期(令和2年4月1日－令和3年3月31日)
Extracted from XBRL: 51 / Derived from other figures: 2
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