Shizuoka GASSHIZUOKA GAS CO., LTD.9543東証プライム電気・ガス業FY ending Dec 2025, consolidated, J-GAAP
Out of every ¥100 of sales, about ¥7 is left as operating profit. Revenue changed -0.5% from the prior year, operating profit +36.6%.
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 |
|---|---|---|---|---|---|
| 2021 | 3.1% | 1.07× | 3.3% | 1.50× | 5.0% |
| 2022 | 2.9% | 1.46× | 4.2% | 1.66× | 7.0% |
| 2023 | 6.6% | 1.36× | 9.0% | 1.67× | 15.0% |
| 2024 | 4.3% | 1.24× | 5.4% | 1.56× | 8.4% |
| 2025 | 5.0% | 1.10× | 5.5% | 1.64× | 9.0% |
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 Dec 2021 | FY ending Dec 2022 | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 |
|---|---|---|---|---|---|
| Revenue | 132,988 | 207,325 | 214,004 | 202,237 | 201,207 |
| Cost of revenue | 100,332 | 169,654 | 166,436 | 162,503 | 156,060 |
| Gross profit | 32,655 | 37,670 | 47,567 | 39,733 | 45,146 |
| SG&A | — | — | — | — | — |
| Operating income | 4,989 | 8,629 | 18,340 | 10,302 | 14,072 |
| Pretax income | 6,506 | 9,491 | 20,064 | 13,397 | 14,261 |
| Income tax | 1,527 | 2,669 | 5,274 | 3,885 | 3,611 |
| Net income attributable to owners | 4,115 | 5,975 | 14,107 | 8,776 | 10,048 |
| Operating margin | 3.8% | 4.2% | 8.6% | 5.1% | 7.0% |
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 Dec 2021 | FY ending Dec 2022 | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 |
|---|---|---|---|---|---|
| Cash and equivalents | ¥13.5B | ¥27.3B | ¥35.2B | ¥35.8B | ¥32.7B |
| Total assets | ¥124B | ¥159.5B | ¥154.7B | ¥170.2B | ¥195.9B |
| Net assets | ¥92.2B | ¥99.6B | ¥114.4B | ¥125.5B | ¥138.7B |
| Share capital | ¥6.28B | ¥6.28B | ¥6.28B | ¥6.28B | ¥6.28B |
| Trade receivables | ¥15B | — | — | — | — |
| Property, plant and equipment | ¥55B | ¥58.1B | ¥61.8B | ¥58.1B | ¥60.3B |
| Intangible assets excluding goodwill | ¥1.27B | ¥2.45B | ¥2.77B | ¥4.06B | ¥24.1B |
| Investment securities | ¥10.1B | ¥14.3B | ¥16.7B | ¥21.5B | ¥27B |
| Current assets | ¥51B | ¥78.4B | ¥66.7B | ¥77.5B | ¥74B |
| Current liabilities | ¥23.5B | ¥43.7B | ¥18.9B | ¥23.9B | ¥35.6B |
| Short-term borrowings | — | ¥174M | ¥95M | ¥497M | ¥227M |
| Long-term borrowings | ¥5.12B | ¥12.2B | ¥12.2B | ¥11.1B | ¥10.3B |
| Bonds | — | — | ¥5B | ¥5B | ¥5B |
| Interest-bearing debt | — | — | ¥17.3Bderived | ¥16.6Bderived | ¥15.5Bderived |
| Total liabilities | ¥31.8B | ¥59.9B | ¥40.3B | ¥44.7B | ¥57.2B |
| Non-controlling interests | ¥5.75B | ¥6.67B | ¥6.98B | ¥7.35B | ¥7.38B |
| Equity attributable to owners of parent | ¥82.6B | ¥87.8B | ¥100.5B | ¥108.2B | ¥114.8B |
| Retained earnings | ¥72.4B | ¥77.6B | ¥90.3B | ¥96.9B | ¥103.4B |
| Treasury stock | -¥1.06B | -¥1.04B | -¥1.02B | -¥474M | -¥426M |
EDINET (FSA Japan)
有価証券報告書－第178期(2025/01/01－2025/12/31)
EDINET (FSA Japan)
有価証券報告書－第177期(2024/01/01－2024/12/31)
EDINET (FSA Japan)
有価証券報告書－第176期(2023/01/01－2023/12/31)
EDINET (FSA Japan)
有価証券報告書－第175期(2022/01/01－2022/12/31)
EDINET (FSA Japan)
有価証券報告書－第174期(令和3年1月1日－令和3年12月31日)
EDINET (FSA Japan)
有価証券報告書－第173期(令和2年1月1日－令和2年12月31日)
Extracted from XBRL: 51 / Derived from other figures: 2
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