SOLIZE Holdings5871東証スタンダードサービス業FY ending Dec 2025, consolidated, J-GAAP

SOLIZE Holdings revenue and profit

Operating profit was close to zero, a slight profit per ¥100 of sales. Revenue changed +13.5% from the prior year, operating profit -81.3%.

Five-year trend

Revenue¥25.8B
FY ending Dec 2022: ¥17.8B¥17.8BFY ending Dec 2023: ¥20.1B¥20.1BFY ending Dec 2024: ¥22.7B¥22.7BFY ending Dec 2025: ¥25.8B¥25.8BFY22FY23FY24FY25
Operating income¥85M
FY ending Dec 2022: ¥680M¥680MFY ending Dec 2023: ¥885M¥885MFY ending Dec 2024: ¥455M¥455MFY ending Dec 2025: ¥85M¥85MFY22FY23FY24FY25
Operating margin0.3%
FY ending Dec 2022: 3.8%3.8%FY ending Dec 2023: 4.4%4.4%FY ending Dec 2024: 2.0%2.0%FY ending Dec 2025: 0.3%0.3%FY22FY23FY24FY25

What drives ROE

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

Net margin—
2022: 3.2%3.2%2023: 2.9%2.9%2024: 1.1%1.1%22232425
Asset turnover—
2022: 1.30×1.30×2023: 1.50×1.50×2024: 1.59×1.59×22232425
ROA-0.2%
2022: 4.1%4.1%2023: 4.3%4.3%2024: 1.8%1.8%2025: -0.2%-0.2%22232425
Financial leverage—
2022: 1.33×1.33×2023: 1.35×1.35×2024: 1.37×1.37×22232425
ROE—
2022: 5.5%5.5%2023: 5.9%5.9%2024: 2.4%2.4%22232425
PeriodNet marginAsset turnoverROAFinancial leverageROE
20223.2%1.30×4.1%1.33×5.5%
20232.9%1.50×4.3%1.35×5.9%
20241.1%1.59×1.8%1.37×2.4%
2025——×-0.2%—×—

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 ÷ revenue3.5%
2022: 3.3%3.3%2023: 3.0%3.0%2024: 3.6%3.6%2025: 3.5%3.5%22232425
PPE ÷ total assets5.8%
2022: 4.3%4.3%2023: 4.6%4.6%2024: 5.3%5.3%2025: 5.8%5.8%22232425
Goodwill ÷ parent equity10.6%
2022: 0.6%0.6%2023: 0.5%0.5%2024: 0.4%0.4%2025: 10.6%10.6%22232425
Goodwill balance¥1.18B
2022: ¥59M¥59M2023: ¥45M¥45M2024: ¥43M¥43M2025: ¥1.18B¥1.18B22232425

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¥320M
2023: ¥213M¥213M2024: ¥291M¥291M2025: ¥320M¥320M22232425
R&D / revenue1.2%
2023: 1.1%1.1%2024: 1.3%1.3%2025: 1.2%1.2%22232425

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 Dec 2022FY ending Dec 2023FY ending Dec 2024FY ending Dec 2025
Revenue17,82720,08122,71325,779
Cost of revenue13,01414,56916,26418,505
Gross profit4,8135,5116,4497,274
SG&A4,1334,6255,9937,188
Operating income68088545585
Pretax income70180233143
Income tax1342217780
Net income attributable to owners566580254-36
Operating margin3.8%4.4%2.0%0.3%

Balance sheet (reported items)

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

Assets

Cash 29%
6%
Intangibles and goodwill 18%
4%
Other assets 43%

Funding

Other liabilities 28%
Equity 72%

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

ItemFY ending Dec 2022FY ending Dec 2023FY ending Dec 2024FY ending Dec 2025
Cash and equivalents¥7.28B¥6.18B¥7.19B¥4.59B
Total assets¥13.7B¥13B¥15.4B¥15.7B
Net assets¥10.3B¥9.67B¥11.5B¥11.3B
Share capital¥10M¥10M¥10M¥10M
Property, plant and equipment¥590M¥605M¥814M¥911M
Intangible assets excluding goodwill¥348M¥277M¥286M¥1.7B
Goodwill¥59M¥45M¥43M¥1.18B
Investment securities¥172M¥224M¥419M¥536M
Current assets¥11.6B¥10.9B¥12.6B¥11B
Current liabilities¥3.08B¥3.16B¥3.76B¥4.12B
Total liabilities¥3.35B¥3.38B¥3.97B¥4.37B
Equity attributable to owners of parent¥10.3B¥9.55B¥11.3B¥11.1B
Retained earnings¥9.87B¥10.3B¥10.4B¥10.1B
Treasury stock-¥150M-¥1.27B-¥487M-¥419M

Sources

Show source documents (3)
  • EDINET (FSA Japan)

    有価証券報告書-第36期(2025/01/01-2025/12/31)

    ID S100XSRF2026-03-25Open
  • EDINET (FSA Japan)

    有価証券報告書-第35期(2024/01/01-2024/12/31)

    ID S100VGEQ2025-03-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第34期(2023/01/01-2023/12/31)

    ID S100T4S12024-03-27Open

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

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