StridersStriders Corporation9816東証スタンダード卸売業FY ending Mar 2026, consolidated, J-GAAP

Striders revenue and profit

Out of every ¥100 of sales, about ¥2 is left as operating profit. Revenue changed +5.5% from the prior year, operating profit +314.7%.

Five-year trend

Revenue¥8.21B
FY ending Mar 2022: ¥7.51B¥7.51BFY ending Mar 2023: ¥7.37B¥7.37BFY ending Mar 2024: ¥7.68B¥7.68BFY ending Mar 2025: ¥7.79B¥7.79BFY ending Mar 2026: ¥8.21B¥8.21BFY22FY23FY24FY25FY26
Operating income¥197.5M
FY ending Mar 2022: -¥33.9M-¥33.9MFY ending Mar 2023: ¥144.3M¥144.3MFY ending Mar 2024: ¥49.7M¥49.7MFY ending Mar 2025: ¥47.6M¥47.6MFY ending Mar 2026: ¥197.5M¥197.5MFY22FY23FY24FY25FY26
Operating margin2.4%
FY ending Mar 2022: -0.5%-0.5%FY ending Mar 2023: 2.0%2.0%FY ending Mar 2024: 0.6%0.6%FY ending Mar 2025: 0.6%0.6%FY ending Mar 2026: 2.4%2.4%FY22FY23FY24FY25FY26

What drives ROE

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

Net margin2.5%
Asset turnover1.49×
ROA3.7%
ROA3.7%
Financial leverage2.11×
ROE7.9%

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

Net margin2.5%
2022: 2.3%2.3%2023: 1.6%1.6%2024: 1.1%1.1%2025: 0.6%0.6%2026: 2.5%2.5%2223242526
Asset turnover1.49×
2022: 1.57×1.57×2023: 1.56×1.56×2024: 1.66×1.66×2025: 1.54×1.54×2026: 1.49×1.49×2223242526
ROA3.7%
2022: 3.5%3.5%2023: 2.5%2.5%2024: 1.8%1.8%2025: 0.9%0.9%2026: 3.7%3.7%2223242526
Financial leverage2.11×
2022: 1.97×1.97×2023: 1.92×1.92×2024: 1.86×1.86×2025: 2.05×2.05×2026: 2.11×2.11×2223242526
ROE7.9%
2022: 7.0%7.0%2023: 4.8%4.8%2024: 3.3%3.3%2025: 1.8%1.8%2026: 7.9%7.9%2223242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
20222.3%1.57×3.5%1.97×7.0%
20231.6%1.56×2.5%1.92×4.8%
20241.1%1.66×1.8%1.86×3.3%
20250.6%1.54×0.9%2.05×1.8%
20262.5%1.49×3.7%2.11×7.9%

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 ÷ revenue18.1%
2021: 12.6%12.6%2022: 16.3%16.3%2023: 15.4%15.4%2024: 19.1%19.1%2025: 19.2%19.2%2026: 18.1%18.1%212223242526
PPE ÷ total assets27.0%
2021: 25.2%25.2%2022: 25.5%25.5%2023: 24.4%24.4%2024: 31.7%31.7%2025: 27.2%27.2%2026: 27.0%27.0%212223242526
Goodwill ÷ parent equity2.4%
2021: 4.7%4.7%2022: 4.1%4.1%2023: 3.7%3.7%2024: 3.3%3.3%2025: 3.1%3.1%2026: 2.4%2.4%212223242526
Goodwill balance¥67M
2021: ¥107.6M¥107.6M2022: ¥99.5M¥99.5M2023: ¥91.4M¥91.4M2024: ¥83.3M¥83.3M2025: ¥75.1M¥75.1M2026: ¥67M¥67M212223242526

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.

Inventory days2d
2021: 9d9d2022: 10d10d2023: 9d9d2024: 2d2d2025: 4d4d2026: 2d2d212223242526

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 Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Revenue7,5067,3727,6817,7898,214
Cost of revenue5,7215,5055,7775,7685,902
Gross profit1,7841,8671,9032,0212,312
SG&A1,8181,7231,8541,9732,114
Operating income-341445048198
Pretax income22622890103202
Income tax84108756-4
Net income attributable to owners1691188344205
Operating margin-0.5%2.0%0.6%0.6%2.4%

Balance sheet (reported items)

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

Assets

Cash 36%
0%
Property, plant and equipment 27%
3%
0%
Other assets 34%

Funding

Other liabilities 49%
Equity 51%

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¥2.4B¥2.4B¥1.93B¥2.11B¥1.98B
Total assets¥4.79B¥4.65B¥4.63B¥5.5B¥5.52B
Net assets¥2.45B¥2.52B¥2.54B¥2.46B¥2.81B
Share capital¥1.59B¥1.59B¥1.59B¥1.59B¥1.68B
Inventories¥158.4M¥141.2M¥25.9M¥68M¥25.3M
Property, plant and equipment¥1.22B¥1.14B¥1.47B¥1.5B¥1.49B
Intangible assets excluding goodwill¥115.5M¥102.1M¥91.3M¥88.1M¥90.8M
Goodwill¥99.5M¥91.4M¥83.3M¥75.1M¥67M
Investment securities¥256.9M¥155.3M¥10M¥10M¥10M
Current assets¥3.05B¥3.07B¥2.71B¥3.5B¥3.56B
Current liabilities¥897.8M¥1.04B¥1.1B¥1.04B¥1.09B
Short-term borrowings¥10M¥10M¥3.3M—¥45.7M
Long-term borrowings¥901.1M¥735.1M¥660.3M¥1.68B¥1.38B
Bonds¥200M¥40M———
Interest-bearing debt¥1.11Bderived¥785.1Mderived———
Total liabilities¥2.34B¥2.13B¥2.09B¥3.03B¥2.7B
Non-controlling interests¥22.9M¥24.9M¥25.2M¥86K¥258K
Equity attributable to owners of parent¥2.43B¥2.49B¥2.5B¥2.44B¥2.78B
Retained earnings¥879.9M¥955.8M¥996.3M¥968.2M¥1.13B
Treasury stock-¥148.6M-¥164.1M-¥196.5M-¥226.6M-¥228M

Sources

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

    訂正有価証券報告書-第62期(2025/04/01-2026/03/31)

    ID S100Z0JB2026-09-04Open
  • EDINET (FSA Japan)

    有価証券報告書-第61期(2024/04/01-2025/03/31)

    ID S100W17P2025-06-20Open
  • EDINET (FSA Japan)

    有価証券報告書-第60期(2023/04/01-2024/03/31)

    ID S100TP9W2024-06-21Open
  • EDINET (FSA Japan)

    有価証券報告書-第59期(2022/04/01-2023/03/31)

    ID S100R2AV2023-06-23Open
  • EDINET (FSA Japan)

    有価証券報告書-第58期(令和3年4月1日-令和4年3月31日)

    ID S100ODIS2022-06-23Open
  • EDINET (FSA Japan)

    有価証券報告書-第57期(令和2年4月1日-令和3年3月31日)

    ID S100LK4X2021-06-18Open

Extracted from XBRL: 52 / Derived from other figures: 1

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