Showa System EngineeringSHOWA SYSTEM ENGINEERING CORPORATION4752東証スタンダード情報・通信業FY ending Mar 2026, non-consolidated, J-GAAP

Showa System Engineering revenue and profit

Out of every ¥100 of sales, about ¥12 is left as operating profit. Revenue changed +5.0% from the prior year, operating profit +8.0%.

Five-year trend

Revenue¥8.73B
FY ending Mar 2022: ¥6.46B¥6.46BFY ending Mar 2023: ¥7.09B¥7.09BFY ending Mar 2024: ¥7.96B¥7.96BFY ending Mar 2025: ¥8.32B¥8.32BFY ending Mar 2026: ¥8.73B¥8.73BFY22FY23FY24FY25FY26
Operating income¥1.02B
FY ending Mar 2022: ¥612.8M¥612.8MFY ending Mar 2023: ¥764.1M¥764.1MFY ending Mar 2024: ¥908.9M¥908.9MFY ending Mar 2025: ¥948.8M¥948.8MFY ending Mar 2026: ¥1.02B¥1.02BFY22FY23FY24FY25FY26
Operating margin11.7%
FY ending Mar 2022: 9.5%9.5%FY ending Mar 2023: 10.8%10.8%FY ending Mar 2024: 11.4%11.4%FY ending Mar 2025: 11.4%11.4%FY ending Mar 2026: 11.7%11.7%FY22FY23FY24FY25FY26

What drives ROE

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

Net margin8.8%
Asset turnover0.97×
ROA8.5%
ROA8.5%
Financial leverage1.62×
ROE13.8%

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

Net margin8.8%
2022: 6.5%6.5%2023: 7.4%7.4%2024: 8.3%8.3%2025: 8.6%8.6%2026: 8.8%8.8%2223242526
Asset turnover0.97×
2022: 0.89×0.89×2023: 0.95×0.95×2024: 1.00×1.00×2025: 0.98×0.98×2026: 0.97×0.97×2223242526
ROA8.5%
2022: 5.8%5.8%2023: 7.1%7.1%2024: 8.3%8.3%2025: 8.4%8.4%2026: 8.5%8.5%2223242526
Financial leverage1.62×
2022: 1.77×1.77×2023: 1.75×1.75×2024: 1.71×1.71×2025: 1.67×1.67×2026: 1.62×1.62×2223242526
ROE13.8%
2022: 10.3%10.3%2023: 12.4%12.4%2024: 14.2%14.2%2025: 14.0%14.0%2026: 13.8%13.8%2223242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
20226.5%0.89×5.8%1.77×10.3%
20237.4%0.95×7.1%1.75×12.4%
20248.3%1.00×8.3%1.71×14.2%
20258.6%0.98×8.4%1.67×14.0%
20268.8%0.97×8.5%1.62×13.8%

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 ÷ revenue5.6%
2021: 2.8%2.8%2022: 2.5%2.5%2023: 2.4%2.4%2024: 2.0%2.0%2025: 5.9%5.9%2026: 5.6%5.6%212223242526
PPE ÷ total assets5.2%
2021: 2.5%2.5%2022: 2.3%2.3%2023: 2.2%2.2%2024: 1.9%1.9%2025: 5.6%5.6%2026: 5.2%5.2%212223242526

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
Revenue6,4617,0867,9618,3178,731
Cost of revenue5,3845,8576,5576,8397,143
Gross profit1,0761,2301,4041,4781,588
SG&A464466495529563
Operating income6137649099491,025
Pretax income6257809249631,078
Income tax205254263248310
Net income attributable to owners420527661714769
Operating margin9.5%10.8%11.4%11.4%11.7%

Balance sheet (reported items)

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

Assets

Cash 48%
5%
0%
5%
Other assets 42%

Funding

Other liabilities 37%
Equity 63%
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¥3.4B¥3.66B¥4.18B¥4.18B¥4.48B
Total assets¥7.22B¥7.68B¥8.29B¥8.68B¥9.37B
Net assets¥4.01B¥4.41B¥4.93B¥5.34B¥5.9B
Share capital¥630.5M¥630.5M¥630.5M¥630.5M¥630.5M
Property, plant and equipment¥163.4M¥167.1M¥157.4M¥489.8M¥487.5M
Intangible assets excluding goodwill¥7.9M¥68.7M¥55.4M¥42.1M¥30.4M
Investment securities¥308.4M¥324.6M¥464.5M¥447.5M¥481.3M
Current assets¥5.8B¥6.18B¥6.7B¥6.76B¥7.44B
Current liabilities¥1.09B¥1.2B¥1.29B¥1.27B¥1.42B
Short-term borrowings¥10M¥10M¥10M¥10M¥10M
Total liabilities¥3.21B¥3.26B¥3.35B¥3.33B¥3.47B
Equity attributable to owners of parent¥4.07B¥4.46B¥4.88B¥5.3B¥5.84B
Retained earnings¥3.12B¥3.51B¥4B¥4.49B¥5.03B
Treasury stock-¥237.9M-¥237.9M-¥301.7M-¥373M-¥373.1M

Sources

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

    有価証券報告書-第60期(2025/04/01-2026/03/31)

    ID S100YE2I2026-06-22Open
  • EDINET (FSA Japan)

    有価証券報告書-第59期(2024/04/01-2025/03/31)

    ID S100W18D2025-06-23Open
  • EDINET (FSA Japan)

    有価証券報告書-第58期(2023/04/01-2024/03/31)

    ID S100TPQ52024-06-24Open
  • EDINET (FSA Japan)

    有価証券報告書-第57期(2022/04/01-2023/03/31)

    ID S100R20J2023-06-23Open
  • EDINET (FSA Japan)

    有価証券報告書-第56期(令和3年4月1日-令和4年3月31日)

    ID S100O9DA2022-06-17Open
  • EDINET (FSA Japan)

    有価証券報告書-第55期(令和2年4月1日-令和3年3月31日)

    ID S100LK2K2021-06-21Open

Extracted from XBRL: 45

Spotted an error? Report it (corrections keep the original record)

Analyze this page with AI

Markdown with figures, units, periods and sources, ready to paste into ChatGPT or Claude.