Star FlyerStar Flyer Inc.9206東証スタンダード空運業FY ending Mar 2026, non-consolidated, J-GAAP
Out of every ¥100 of sales, about ¥3 is left as operating profit. Revenue changed +4.4% from the prior year, operating profit +12.9%.
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 | — | —× | -24.8% | —× | — |
| 2023 | 0.2% | 1.56× | 0.4% | 18.03× | 6.3% |
| 2024 | 2.3% | 1.78× | 4.1% | 10.49× | 42.6% |
| 2025 | 4.5% | 1.78× | 8.0% | 6.75× | 54.0% |
| 2026 | 1.0% | 1.46× | 1.4% | 6.23× | 8.8% |
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
| Item | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
|---|---|---|---|---|---|
| Revenue | 21,131 | 32,275 | 40,019 | 42,900 | 44,795 |
| Cost of revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| SG&A | 2,487 | 2,537 | 3,162 | 3,287 | 3,726 |
| Operating income | -6,465 | -1,317 | 90 | 1,230 | 1,389 |
| Pretax income | -4,973 | -586 | 1,062 | 1,955 | 695 |
| Income tax | 12 | -659 | 149 | 32 | 261 |
| Net income attributable to owners | -4,986 | 73 | 912 | 1,923 | 434 |
| Operating margin | -30.6% | -4.1% | 0.2% | 2.9% | 3.1% |
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 | ¥5.72B | ¥5.39B | ¥7.85B | ¥10B | ¥9.22B |
| Total assets | ¥20.1B | ¥21.4B | ¥23.6B | ¥24.5B | ¥36.9B |
| Net assets | ¥1.36B | ¥1.76B | ¥3.22B | ¥4.29B | ¥7.22B |
| Share capital | ¥1.39B | ¥1.89B | ¥1.89B | ¥1.9B | ¥2.08B |
| Property, plant and equipment | ¥6.94B | ¥6.38B | ¥5.9B | ¥5.45B | ¥12.7B |
| Intangible assets excluding goodwill | ¥477M | ¥459M | ¥467M | ¥751M | ¥1.1B |
| Investment securities | ¥37M | ¥37M | ¥37M | ¥37M | ¥37M |
| Current assets | ¥11.4B | ¥12.6B | ¥15.4B | ¥16.3B | ¥20.6B |
| Current liabilities | ¥4.68B | ¥5.66B | ¥6.92B | ¥7.66B | ¥6.57B |
| Short-term borrowings | — | — | ¥800M | — | — |
| Long-term borrowings | ¥2.64B | ¥1.73B | ¥2.61B | ¥1.75B | ¥1.14B |
| Total liabilities | ¥18.7B | ¥19.6B | ¥20.3B | ¥20.2B | ¥29.7B |
| Equity attributable to owners of parent | ¥614M | ¥1.69B | ¥2.6B | ¥4.53B | ¥5.33B |
| Retained earnings | -¥5.58B | -¥5.51B | -¥4.6B | -¥2.67B | ¥434M |
| Treasury stock | -¥1M | -¥1M | -¥1M | -¥1M | -¥1M |
EDINET (FSA Japan)
訂正有価証券報告書－第24期(2025/04/01－2026/03/31)
EDINET (FSA Japan)
有価証券報告書－第23期(2024/04/01－2025/03/31)
EDINET (FSA Japan)
有価証券報告書－第22期(2023/04/01－2024/03/31)
EDINET (FSA Japan)
有価証券報告書－第21期(2022/04/01－2023/03/31)
EDINET (FSA Japan)
有価証券報告書－第20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19期(令和2年4月1日－令和3年3月31日)
Extracted from XBRL: 41 / Derived from other figures: 1
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