# Sumitomo Electric Industries, Ltd.: business model and financials

> Latest period: FY ending Mar 2026, consolidated, J-GAAP
> Unit: JPY millions
> Sources: 有価証券報告書－第156期(2025/04/01－2026/03/31) (S100YL2M)
> Page: https://vizora.meequs.com/en/company/sumitomo-electric-industries
> Retrieved: 2026-09-30T18:27:01.817Z

## Company

Sumitomo Electric Industries is a company in Non-ferrous Metals & Wires listed on TSE Prime. It has 302,972 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | Sumitomo Electric Industries, Ltd. |
| Ticker | 5802 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/5802.T) |
| Listing | TSE Prime |
| Head office | 大阪市中央区北浜四丁目5番33号(住友ビル) |
| Representative (per filing) | 社長 井上 治 |
| Share capital | ¥99.7B |
| Employees (consolidated) | 302,972 |
| Average salary (parent only) | ¥9M |
| Fiscal year end | March |
| Website | sumitomoelectric.com (https://sumitomoelectric.com/) |
| Corporate number | 5120001077450 |
| EDINET | E01333 |
| Industries (Vizora) | Non-ferrous Metals & Wires, Electrical Equipment, Smartphones & Communications Equipment, Auto Parts, Electronic Components, Machine Tools |

> Profile source: annual securities report (S100YL2M, filed 2026-06-26). As of filing

## Five-axis industry profile

Primary industry: Auto Parts (2026-03-31)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Revenue growth | 89.5 | 110 |
| Profitability | 86.9 | 111 |
| Cash conversion | 18.1 | 108 |
| Efficiency | 71.6 | 111 |
| Financial strength | 67.9 | 14 |

Each axis is shown independently. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

## Key points (generated from figures)

- About 57% of Sumitomo Electric Industries's sales come from Automotive, with Environment and Energy and Industrial materials and others making up much of the rest.
- Out of every ¥100 of sales, about ¥8 is left as operating profit.
- Revenue changed +9.2% from the prior year, operating profit +30.4%.

## Company structure

- Segment revenue mix: Automotive 57.4%、Environment and Energy 22.4%、Industrial materials and others 7.2%、Electronics 6.9%、Infocommunications 6.2%
- Revenue → net income: ¥5110171000000 → ¥401146000000
- Net income → operating cash flow: ¥401146000000 → ¥425192000000（difference ¥24046000000）
- Main uses of operating cash flow: CapEx ¥222228000000 / dividends ¥86588000000 / buybacks ¥13000000
- Change in cash: ¥-58566000000
Segment shares use total reported segment revenue, which may include inter-segment sales. The cash bridge is operating cash flow minus net income and combines non-cash items and working-capital effects.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Revenue | ¥5.11T |  |
| Operating income | ¥418.2B | Margin 8.2% |
| Net income | ¥369.5B | Margin 7.2% |
| Free cash flow | ¥203B |  |
| Largest business | Automotive | of segment revenue 57.4% |
| Employees (consolidated) | 302,972 |  |
| EPS | ¥344.72 |  |
| Book value per share | ¥1359.5 |  |
| Equity ratio | 56.9% |  |
| Shares outstanding | 793,941,000 |  |
| Treasury shares | 13,870,700 |  |
| Shareholders | 89,771 |  |
| Average salary (parent only) | ¥9M | Filing company only |
| Cash ratio | 4.9% | Net cash -¥276.3B · Cash ÷ revenue 4.6% |
| Vs. industry median margin | +3.4 pp | Auto Parts |
| ROE | 18.5% | Derived from disclosed figures |
| ROA | 8.0% | Derived from disclosed figures |

## Notable figures

- FY2026, cash is 5% of total assets

## What changed in 5 years

| Metric | FY ending Mar 2021 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥2918580000000 | ¥5110171000000 | +75.1% |
| Operating income | ¥113926000000 | ¥418173000000 | +267.1% |
| Operating margin | 3.9% | 8.2% | +4.3 pp |
| Employees | 286,784 people | 302,972 people | +5.6% |
| Cash and equivalents | ¥251441000000 | ¥235921000000 | -6.2% |

### Change in segment revenue mix

Span: FY ending Mar 2021 → FY ending Mar 2026. Stable segment keys are connected; unmatched shares are marked as new or reorganized. Shares use total segment revenue.

| Flow | Revenue share |
| --- | ---: |
| 環境エネルギー関連事業 → 環境エネルギー関連事業 | 21.1% |
| 情報通信関連事業 → 情報通信関連事業 | 6.2% |
| 情報通信関連事業 → 事業再編・廃止 | 1.4% |
| 自動車関連事業 → 自動車関連事業 | 54.8% |
| エレクトロニクス関連事業 → エレクトロニクス関連事業 | 6.9% |
| エレクトロニクス関連事業 → 事業再編・廃止 | 0.9% |
| 産業素材関連事業他 → 産業素材関連事業他 | 7.2% |
| 産業素材関連事業他 → 事業再編・廃止 | 1.5% |
| 新設・再編 → 環境エネルギー関連事業 | 1.2% |
| 新設・再編 → 自動車関連事業 | 2.6% |

Segment revenue source references: 10 (derived)

## Business growth × margin

X-axis: segment revenue CAGR. Y-axis: latest operating margin. Bubble size: latest revenue. CAGR requires at least two comparable years.

| Segment | CAGR span | Revenue CAGR | Latest revenue | Operating margin | Source refs |
| --- | ---: | ---: | ---: | ---: | ---: |
| Automotive | 5 years | +12.9% | ¥2935389000000 | 6.1% | 2 |
| Environment and Energy | 5 years | +13.1% | ¥1142598000000 | 7.9% | 2 |
| Industrial materials and others | 5 years | +7.7% | ¥366516000000 | 8.6% | 2 |
| Electronics | 5 years | +9.0% | ¥350638000000 | 11.3% | 2 |
| Infocommunications | 5 years | +7.5% | ¥315030000000 | 24.6% | 2 |

## Income statement（FY ending Mar 2026, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 5,110,171 | 100.0% | S100YL2M |
| Cost of revenue | 4,076,140 | 79.8% | S100YL2M |
| Gross profit | 1,034,031 | 20.2% | S100YL2M |
| SG&A | 615,858 | 12.1% | S100YL2M |
| Operating income | 418,173 | 8.2% | S100YL2M |
| Ordinary income | 431,274 | 8.4% | S100YL2M |
| Pretax income | 505,159 | 9.9% | S100YL2M |
| Income tax | 104,013 | 2.0% | S100YL2M |
| Net income | 401,146 | 7.8% | S100YL2M |
| Net income attributable to owners | 369,508 | 7.2% | S100YL2M |

## Per ¥100 of revenue（FY ending Mar 2026）

| Part | JPY |
| --- | ---: |
| Cost of revenue | 80 |
| SG&A | 12 |
| Operating income | 8 |
| (Ref.) Net income | 7 |

### Margin funnel

Gross margin 20.2% → Operating margin 8.2% → Net margin 7.2%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue and profit up
Revenue growth: +9.2%; Core profit growth: +30.4%
Growth quality: margin-expansion
Operating leverage (core profit growth ÷ revenue growth): 3.31×
Calculated from comparable annual consolidated filings.

## Year over year（FY ending Mar 2025 → FY ending Mar 2026、JPY mn）

| Metric | Prior | Current | Change | % change |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 4,679,789 | 5,110,171 | 430,382 | +9.2% |
| Gross profit | 880,126 | 1,034,031 | 153,905 | +17.5% |
| Operating income | 320,663 | 418,173 | 97,510 | +30.4% |
| Net income attributable to owners | 193,771 | 369,508 | 175,737 | +90.7% |
| Operating cash flow | 402,253 | 425,192 | 22,939 | +5.7% |
| Free cash flow | 202,429 | 202,964 | 535 | +0.3% |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2020 | 3,107,027 | 127,216 | 4.1% | 72,720 | 264,608 | 71,734 | S100LQ0C |
| FY ending Mar 2021 | 2,918,580 | 113,926 | 3.9% | 56,344 | 169,656 | 2,825 | S100ODYH |
| FY ending Mar 2022 | 3,367,863 | 122,195 | 3.6% | 96,306 | 76,002 | -98,057 | S100R635 |
| FY ending Mar 2023 | 4,005,561 | 177,443 | 4.4% | 112,654 | 265,191 | 80,724 | S100TSD0 |
| FY ending Mar 2024 | 4,402,814 | 226,618 | 5.1% | 149,723 | 393,465 | 214,142 | S100W5LN |
| FY ending Mar 2025 | 4,679,789 | 320,663 | 6.9% | 193,771 | 402,253 | 202,429 | S100YL2M |
| FY ending Mar 2026 | 5,110,171 | 418,173 | 8.2% | 369,508 | 425,192 | 202,964 | S100YL2M |

## People and productivity（FY ending Mar 2026, consolidated, J-GAAP）

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥16.9M |
| Operating income per employee (consolidated) | ¥1.4M |
| Net income per employee (consolidated) | ¥1.2M |

Employees, revenue and profit are consolidated. Average annual salary is a separate parent-company figure. Calculated from disclosed figures (DERIVED).

| History | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Employees (consolidated) | 281,075 | 289,191 | 293,266 | 288,145 | 302,972 |
| Average salary (parent company) | ¥7.8M | ¥7.8M | ¥8.2M | ¥8.5M | ¥9M |
| Average age (parent company) | 43.2 years | 43.1 years | 43.2 years | 43.2 years | 43.2 years |
| Average tenure (parent company) | 16.4 years | 16.9 years | 17.5 years | 17.7 years | 18.0 years |

Year over year: Employees (consolidated) +5.1% · Revenue (consolidated) +9.2%

## Segments（FY ending Mar 2026, consolidated, J-GAAP、JPY mn）

| Segment | Revenue | Share | Op. income | Op. margin |
| --- | ---: | ---: | ---: | ---: |
| Environment and Energy | 1,142,598 | 22.4% | 90,615 | 7.9% |
| Infocommunications | 315,030 | 6.2% | 77,435 | 24.6% |
| Automotive | 2,935,389 | 57.4% | 179,700 | 6.1% |
| Electronics | 350,638 | 6.9% | 39,528 | 11.3% |
| Industrial materials and others | 366,516 | 7.2% | 31,399 | 8.6% |

### segmentMix — Revenue and profit mix

Calculated from disclosed figures (DERIVED). Shares use total segment revenue and total positive segment profit respectively. Difference = profit share − revenue share (pt). Inter-segment sales may prevent reconciliation to company revenue.

| Segment | Revenue share | Profit share | Difference (pt) | Margin |
| --- | ---: | ---: | ---: | ---: |
| Environment and Energy | 22.4% | 21.6% | -0.7 | 7.9% |
| Infocommunications | 6.2% | 18.5% | 12.3 | 24.6% |
| Automotive | 57.4% | 42.9% | -14.5 | 6.1% |
| Electronics | 6.9% | 9.4% | 2.6 | 11.3% |
| Industrial materials and others | 7.2% | 7.5% | 0.3 | 8.6% |

Segment → industry: Environment and Energy → Non-ferrous Metals & Wires / Environment and Energy → Electrical Equipment / Infocommunications → Non-ferrous Metals & Wires / Infocommunications → Smartphones & Communications Equipment / Automotive → Auto Parts / Electronics → Electronic Components / Industrial materials and others → Machine Tools / Industrial materials and others → Non-ferrous Metals & Wires

## Revenue by geography

No geographic revenue breakdown was disclosed.

## Cash flow（FY ending Mar 2026, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Operating cash flow | 425,192 | 8.3% | S100YL2M |
| Capital expenditure | 222,228 | 4.3% | S100YL2M |
| Free cash flow | 202,964 | 4.0% | 算出 |
| Investing cash flow | -174,862 | -3.4% | S100YL2M |
| Financing cash flow | -326,031 | -6.4% | S100YL2M |
| Dividends paid | 86,588 | 1.7% | S100YL2M |
| Share buyback | 13 | 0.0% | S100YL2M |
| Change in cash | -58,566 | -1.1% | S100YL2M |
| Cash and equivalents | 235,921 | 4.6% | S100YL2M |

## Balance sheet

Figures are as of each fiscal year end. Derived values are marked as such in the source column. Lease liabilities are excluded from interest-bearing debt.

| Metric | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | 255,540 | 279,432 | 268,273 | 294,487 | 235,921 | S100TSD0, S100W5LN, S100YL2M |
| Total assets | 3,807,390 | 4,013,008 | 4,365,397 | 4,441,629 | 4,824,532 | S100R635, S100TSD0, S100W5LN, S100YL2M |
| Net assets | 2,052,938 | 2,110,819 | 2,431,888 | 2,530,437 | 2,834,999 | S100TSD0, S100W5LN, S100YL2M |
| Share capital | 99,737 | 99,737 | 99,737 | 99,737 | 99,737 | S100R635, S100TSD0, S100W5LN, S100YL2M |
| Trade receivables | 784,647 | 842,794 | 875,933 | 880,451 | 932,945 | S100R635, S100TSD0, S100W5LN, S100YL2M |
| Inventories | 844,837 | 851,224 | 885,017 | 922,998 | 1,018,148 | S100R635, S100TSD0, S100W5LN, S100YL2M |
| Property, plant and equipment | 1,026,784 | 1,062,779 | 1,098,151 | 1,121,830 | 1,189,434 | S100R635, S100TSD0, S100W5LN, S100YL2M |
| Intangible assets excluding goodwill | 36,062 | 36,682 | 39,831 | 61,378 | 62,086 | S100R635, S100TSD0, S100W5LN, S100YL2M |
| Goodwill | 74 | 6 | 3 | 20,399 | 21,531 | S100R635, S100TSD0, S100W5LN, S100YL2M |
| Investment securities | 443,896 | 503,791 | 607,105 | 604,733 | 713,033 | S100R635, S100TSD0, S100W5LN, S100YL2M |
| Current assets | 2,056,928 | 2,162,688 | 2,242,215 | 2,320,091 | 2,424,611 | S100R635, S100TSD0, S100W5LN, S100YL2M |
| Current liabilities | 1,260,094 | 1,399,407 | 1,307,370 | 1,286,843 | 1,347,756 | S100R635, S100TSD0, S100W5LN, S100YL2M |
| Trade payables | 444,985 | 445,951 | 479,831 | 473,834 | 487,654 | S100R635, S100TSD0, S100W5LN, S100YL2M |
| Short-term borrowings | 482,212 | 601,237 | 385,575 | 314,294 | 210,726 | S100R635, S100TSD0, S100W5LN, S100YL2M |
| Long-term borrowings | 222,188 | 195,578 | 164,579 | 166,365 | 171,598 | S100R635, S100TSD0, S100W5LN, S100YL2M |
| Bonds | 84,900 | 94,864 | 174,890 | 174,916 | 129,945 | S100R635, S100TSD0, S100W5LN, S100YL2M |
| Interest-bearing debt | 789,300 | 891,679 | 725,044 | 655,575 | 512,269 | 算出 |
| Total liabilities | 1,754,452 | 1,902,189 | 1,933,509 | 1,911,192 | 1,989,533 | S100R635, S100TSD0, S100W5LN, S100YL2M |
| Non-controlling interests | 283,150 | 210,940 | 224,226 | 240,043 | 91,565 | S100R635, S100TSD0, S100W5LN, S100YL2M |
| Equity attributable to owners of parent | 1,595,705 | 1,628,807 | 1,738,066 | 1,862,933 | 2,124,515 | S100R635, S100TSD0, S100W5LN, S100YL2M |
| Retained earnings | 1,346,210 | 1,383,046 | 1,493,708 | 1,618,695 | 1,903,632 | S100R635, S100TSD0, S100W5LN, S100YL2M |
| Treasury stock | -20,781 | -20,793 | -20,803 | -20,818 | -20,791 | S100R635, S100TSD0, S100W5LN, S100YL2M |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 5% | S100YL2M |
| Receivables | 19% | S100YL2M |
| Inventories | 21% | S100YL2M |
| Property, plant and equipment | 25% | S100YL2M |
| Intangibles and goodwill | 2% | S100YL2M |
| Investment securities | 15% | S100YL2M |
| Other assets | 13% | S100YL2M |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Trade payables | 10% | S100YL2M |
| Interest-bearing debt | 11% | 算出 |
| Other liabilities | 20% | S100YL2M |
| Equity | 59% | S100YL2M |

### Balance sheet history

| Metric | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Total assets | 3,807,390 | 4,013,008 | 4,365,397 | 4,441,629 | 4,824,532 |
| Equity | 2,052,938 | 2,110,819 | 2,431,888 | 2,530,437 | 2,834,999 |
| Interest-bearing debt | 789,300 | 891,679 | 725,044 | 655,575 | 512,269 |
| Cash | 255,540 | 279,432 | 268,273 | 294,487 | 235,921 |

## Asset intensity and goodwill

Ratios are derived from reported values. Goodwill is used only when separately reported, never inferred from combined intangible assets.

| Metric | Value | Sources |
| --- | ---: | ---: |
| Asset intensity (fixed assets ÷ revenue) | 23.3% | S100YL2M |
| Fixed assets ÷ total assets | 24.7% | S100YL2M |
| Goodwill ÷ parent equity | 1.0% | S100YL2M |

Goodwill over 4 years: 74 → 21,531 JPY; total investing cash flow: -835,843 JPY. This does not imply causation.

### Cash quality

Net cash = cash − interest-bearing debt. Net debt ratio = (interest-bearing debt − cash) ÷ positive operating cash flow. Omit when debt components are incomplete; other ratios are derived from reported figures.

| Metric | Value |
| --- | ---: |
| Cash ratio (cash ÷ total assets) | 4.9% |
| Cash ÷ revenue | 4.6% |
| Net cash (cash − interest-bearing debt) | -¥276.3B |
| Net debt ÷ operating cash flow | 0.65× |
| Cash conversion (operating CF ÷ operating income) | 101.7% |
| Cash vs. profit gap | 55,684 JPY mn (of net income 15.1%) |
| Shareholder returns / net income | 23.4% |
| Shareholder returns / FCF | 42.7% |
| Shareholder payments — dividends / net income | 23.4% |
| Shareholder payments — dividends / FCF | 42.7% |
| CapEx intensity (capex ÷ revenue) | 4.3% |
| Investing CF relative to operating CF | 41.1% |

## ROA and ROE

ROE is decomposed into net margin × asset turnover × financial leverage. Leverage can raise ROE, so the ratio alone does not assess a company's condition. Ending balances are used without a prior year; total equity approximates parent equity when unavailable.

| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE | Sources |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| 2022 | 2.9% | 0.88× | 2.5% | 2.39× | 6.0% | S100R635 |
| 2023 | 2.8% | 1.02× | 2.9% | 2.43× | 7.0% | S100TSD0 |
| 2024 | 3.4% | 1.05× | 3.6% | 2.49× | 8.9% | S100W5LN |
| 2025 | 4.1% | 1.06× | 4.4% | 2.45× | 10.8% | S100YL2M |
| 2026 | 7.2% | 1.10× | 8.0% | 2.32× | 18.5% | S100YL2M |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 日本マスタートラスト 信託銀行株式会社 （信託口） | Major shareholder | 16.1% | 2026-03-31 |
| 株式会社日本カストディ銀行 （信託口） | Major shareholder | 9.1% | 2026-03-31 |
| 日本生命保険相互会社 | Major shareholder | 2.7% | 2026-03-31 |
| 住友生命保険相互会社 | Major shareholder | 2.0% | 2026-03-31 |
| STATE STREET BANK AND TRUST COMPANY 505001 | Major shareholder | 2.0% | 2026-03-31 |
| GOVERNMENT OF NORWAY | Major shareholder | 1.6% | 2026-03-31 |
| JP MORGAN CHASE BANK 385781 | Major shareholder | 1.4% | 2026-03-31 |
| 高知信用金庫 | Major shareholder | 1.4% | 2026-03-31 |
| 全国共済農業協同組合連合会 | Major shareholder | 1.3% | 2026-03-31 |
| 住友電気工業社員持株会 | Major shareholder | 1.2% | 2026-03-31 |

## AI commentary（text by AI; the tables above are authoritative、claude-code）

- Revenue for the FY ending Mar 2026 was ¥5.11T, up +9.2% from ¥4.68T.
- Operating income rose +30.4%, from ¥320.7B to ¥418.2B, growing much faster than sales.
- Net income attributable to owners nearly doubled, up +90.7% to ¥369.5B, helped by a one-off gain from selling shares in an affiliate on top of the stronger core business.
- Cash generation was steady: operating cash flow was ¥425.2B (+5.7%) and free cash flow ¥203B (+0.3%).

### Drivers

- The spread of generative AI sharply raised demand for optical wiring products, optical cable and optical devices for data centers, lifting the communications business
- Steady demand for wiring harnesses and anti-vibration rubber kept automotive sales growing
- A better product mix, higher productivity, cost cuts and improved selling prices boosted profit

### Risks

- Geopolitical shifts, trade controls or higher tariffs could cut sales or raise the cost ratio
- Many products are parts or infrastructure materials, so results move with the economy, customers' capital spending and price competition
- A major earthquake, such as a Nankai Trough quake, could damage plants in Japan and halt production

Cited: Annual Securities Report (経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析); Annual Securities Report (事業等のリスク)

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第156期(2025/04/01－2026/03/31) | S100YL2M | 2026-06-26 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YL2M,, |
| 有価証券報告書－第155期(2024/04/01－2025/03/31) | S100W5LN | 2025-06-26 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100W5LN,, |
| 有価証券報告書－第154期(2023/04/01－2024/03/31) | S100TSD0 | 2024-06-26 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100TSD0,, |
| 有価証券報告書－第153期(2022/04/01－2023/03/31) | S100R635 | 2023-06-28 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100R635,, |
| 有価証券報告書－第152期(令和3年4月1日－令和4年3月31日) | S100ODYH | 2022-06-24 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100ODYH,, |
| 有価証券報告書－第151期(令和2年4月1日－令和3年3月31日) | S100LQ0C | 2021-06-25 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100LQ0C,, |

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).