# SUMITOMO HEAVY INDUSTRIES,LTD.: business model and financials

> Latest period: FY ending Dec 2025, consolidated, J-GAAP
> Unit: JPY millions
> Sources: 有価証券報告書－第130期(2025/01/01－2025/12/31) (S100XT1R)
> Page: https://vizora.meequs.com/en/company/sumitomo-heavy-industries
> Retrieved: 2026-09-30T19:11:22.511Z

## Company

Sumitomo Heavy Industries, founded in 1934, is a company in Shipbuilding listed on TSE Prime. It has 25,123 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | SUMITOMO HEAVY INDUSTRIES,LTD. |
| Ticker | 6302 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/6302.T) |
| Listing | TSE Prime |
| Head office | 東京都品川区大崎二丁目1番1号(ThinkPark Tower) |
| Representative (per filing) | 代表取締役社長 渡部敏朗 |
| Founded | Nov 1934 |
| Share capital | ¥30.9B |
| Employees (consolidated) | 25,123 |
| Average salary (parent only) | ¥8.6M |
| Fiscal year end | December |
| Website | www.shi.co.jp (https://www.shi.co.jp/) |
| Corporate number | 9010701005032 |
| EDINET | E01533 |
| Industries (Vizora) | Shipbuilding, Electrical Equipment, Industrial Machinery, Construction & Farm Machinery |

> Profile source: annual securities report (S100XT1R, filed 2026-03-26). As of filing

## Five-axis industry profile

Primary industry: Industrial Machinery (2025-12-31)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Profitability | 26.6 | 122 |
| Cash conversion | 54.7 | 116 |
| Efficiency | 71.7 | 122 |
| Financial strength | 27.8 | 9 |

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 36% of Sumitomo Heavy Industries's sales come from Logistics and Construction, with Mechatronics and Industrial Machinery making up much of the rest.
- Out of every ¥100 of sales, about ¥5 is left as operating profit.
- Revenue changed -0.4% from the prior year, operating profit -6.6%.

## Company structure

- Segment revenue mix: Logistics and Construction 36.5%、Mechatronics 25.4%、Industrial Machinery 20.9%、Energy and Lifeline 16.6%、Other 0.6%
- Revenue → net income: ¥1066881000000 → ¥31135000000
- Net income → operating cash flow: ¥31135000000 → ¥63666000000（difference ¥32531000000）
- Main uses of operating cash flow: CapEx ¥52337000000 / dividends ¥15002000000 / buybacks ¥14000000
- Change in cash: ¥90000000
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 | ¥1.07T |  |
| Operating income | ¥51.5B | Margin 4.8% |
| Net income | ¥30.9B | Margin 2.9% |
| Free cash flow | ¥11.3B |  |
| Largest business | Logistics and Construction | of segment revenue 36.5% |
| Employees (consolidated) | 25,123 |  |
| EPS | ¥274.11 |  |
| Book value per share | ¥1597.93 |  |
| Equity ratio | 51.6% |  |
| Shares outstanding | 122,905,000 |  |
| Treasury shares | 2,591,100 |  |
| Shareholders | 27,989 |  |
| Average salary (parent only) | ¥8.6M | Filing company only |
| Cash ratio | 8.1% | Net cash -¥113.6B · Cash ÷ revenue 10.1% |
| Vs. industry median margin | -2.7 pp | Industrial Machinery |
| ROE | 6.4% | Derived from disclosed figures |
| ROA | 2.4% | Derived from disclosed figures |

## Notable figures

- FY2025, operating cash flow is 2.1× net income

## What changed in 3 years

| Metric | FY ending Mar 2022 | FY ending Dec 2025 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥943979000000 | ¥1066881000000 | +13.0% |
| Operating income | ¥65678000000 | ¥51482000000 | -21.6% |
| Operating margin | 7.0% | 4.8% | -2.1 pp |
| Employees | 24,584 people | 25,123 people | +2.2% |
| Cash and equivalents | ¥84992000000 | ¥107622000000 | +26.6% |

### Change in segment revenue mix

Span: FY ending Mar 2022 → FY ending Dec 2025. Stable segment keys are connected; unmatched shares are marked as new or reorganized. Shares use total segment revenue.

| Flow | Revenue share |
| --- | ---: |
| メカトロニクス → メカトロニクス | 17.2% |
| インダストリアル マシナリー → インダストリアル マシナリー | 20.9% |
| インダストリアル マシナリー → 事業再編・廃止 | 3.7% |
| ロジスティックス アンド コンストラクション → ロジスティックス アンド コンストラクション | 36.4% |
| エネルギー アンド ライフライン → エネルギー アンド ライフライン | 16.6% |
| エネルギー アンド ライフライン → 事業再編・廃止 | 5.2% |
| 新設・再編 → メカトロニクス | 8.3% |
| 新設・再編 → ロジスティックス アンド コンストラクション | 0.1% |
| 新設・再編 → その他 | 0.6% |

Segment revenue source references: 9 (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 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Logistics and Construction | 3 years | +4.4% | ¥388908000000 | 3.6% | 2 |
| Mechatronics | 3 years | +19.0% | ¥271190000000 | 7.0% | 2 |
| Industrial Machinery | 3 years | -1.2% | ¥222623000000 | 1.9% | 2 |
| Energy and Lifeline | 3 years | -4.7% | ¥177626000000 | 6.8% | 2 |
| Other | — | — | ¥6533000000 | 31.9% | 2 |

## Income statement（FY ending Dec 2025, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 1,066,881 | 100.0% | S100XT1R |
| Cost of revenue | 805,983 | 75.5% | S100XT1R |
| Gross profit | 260,898 | 24.5% | S100XT1R |
| SG&A | 209,416 | 19.6% | S100XT1R |
| Operating income | 51,482 | 4.8% | S100XT1R |
| Ordinary income | 47,311 | 4.4% | S100XT1R |
| Pretax income | 44,836 | 4.2% | S100XT1R |
| Income tax | 13,700 | 1.3% | S100XT1R |
| Net income | 31,135 | 2.9% | S100XT1R |
| Net income attributable to owners | 30,937 | 2.9% | S100XT1R |

## Per ¥100 of revenue（FY ending Dec 2025）

| Part | JPY |
| --- | ---: |
| Cost of revenue | 75 |
| SG&A | 20 |
| Operating income | 5 |
| (Ref.) Net income | 3 |

### Margin funnel

Gross margin 24.5% → Operating margin 4.8% → Net margin 2.9%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue and profit down
Revenue growth: -0.4%; Core profit growth: -6.6%
Operating leverage (core profit growth ÷ revenue growth): 16.58×
Calculated from comparable annual consolidated filings.

## Year over year（FY ending Dec 2024 → FY ending Dec 2025、JPY mn）

| Metric | Prior | Current | Change | % change |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 1,071,126 | 1,066,881 | -4,245 | -0.4% |
| Gross profit | 257,001 | 260,898 | 3,897 | +1.5% |
| Operating income | 55,103 | 51,482 | -3,621 | -6.6% |
| Net income attributable to owners | 7,721 | 30,937 | 23,216 | +300.7% |
| Operating cash flow | 12,763 | 63,666 | 50,903 | +398.8% |
| Free cash flow | -34,924 | 11,329 | 46,253 | — |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2022 | 943,979 | 65,678 | 7.0% | 44,053 | 61,679 | 16,042 | S100QH2O |
| FY ending Dec 2022 | 854,093 | 44,803 | 5.2% | 5,782 | 21,366 | -15,178 | S100T4PX |
| FY ending Dec 2023 | 1,081,533 | 74,367 | 6.9% | 32,742 | 65,370 | 25,911 | S100VHR2 |
| FY ending Dec 2024 | 1,071,126 | 55,103 | 5.1% | 7,721 | 12,763 | -34,924 | S100XT1R |
| FY ending Dec 2025 | 1,066,881 | 51,482 | 4.8% | 30,937 | 63,666 | 11,329 | S100XT1R |

## People and productivity（FY ending Dec 2025, consolidated, J-GAAP）

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥42.5M |
| Operating income per employee (consolidated) | ¥2M |
| 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 Dec 2022 | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Employees (consolidated) | 24,584 | 25,211 | 25,303 | 25,337 | 25,123 |
| Average salary (parent company) | — | ¥8.1M | ¥8M | ¥8.4M | ¥8.6M |
| Average age (parent company) | — | 42.9 years | 42.9 years | 43.2 years | 43.5 years |
| Average tenure (parent company) | — | 14.4 years | 14.0 years | 13.5 years | 13.8 years |

Year over year: Employees (consolidated) -0.8% · Revenue (consolidated) -0.4%

## Segments（FY ending Dec 2025, consolidated, J-GAAP、JPY mn）

| Segment | Revenue | Share | Op. income | Op. margin |
| --- | ---: | ---: | ---: | ---: |
| Mechatronics | 271,190 | 25.4% | 19,015 | 7.0% |
| Industrial Machinery | 222,623 | 20.9% | 4,243 | 1.9% |
| Logistics and Construction | 388,908 | 36.5% | 14,020 | 3.6% |
| Energy and Lifeline | 177,626 | 16.6% | 12,080 | 6.8% |
| Other | 6,533 | 0.6% | 2,081 | 31.9% |

### 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 |
| --- | ---: | ---: | ---: | ---: |
| Mechatronics | 25.4% | 37.0% | 11.5 | 7.0% |
| Industrial Machinery | 20.9% | 8.2% | -12.6 | 1.9% |
| Logistics and Construction | 36.5% | 27.3% | -9.2 | 3.6% |
| Energy and Lifeline | 16.6% | 23.5% | 6.8 | 6.8% |
| Other | 0.6% | 4.0% | 3.4 | 31.9% |

Segment → industry: Energy and Lifeline → Shipbuilding / Energy and Lifeline → Electrical Equipment / Logistics and Construction → Industrial Machinery / Industrial Machinery → Industrial Machinery / Mechatronics → Industrial Machinery / Logistics and Construction → Construction & Farm Machinery

## Revenue by geography

No geographic revenue breakdown was disclosed.

## Cash flow（FY ending Dec 2025, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Operating cash flow | 63,666 | 6.0% | S100XT1R |
| Capital expenditure | 52,337 | 4.9% | S100XT1R |
| Free cash flow | 11,329 | 1.1% | 算出 |
| Investing cash flow | -59,357 | -5.6% | S100XT1R |
| Financing cash flow | -7,145 | -0.7% | S100XT1R |
| Dividends paid | 15,002 | 1.4% | S100XT1R |
| Share buyback | 14 | 0.0% | S100XT1R |
| Change in cash | 90 | 0.0% | S100XT1R |
| Cash and equivalents | 107,622 | 10.1% | S100XT1R |

## 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 Dec 2022 | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | 84,992 | 93,727 | 100,235 | 107,542 | 107,622 | S100T4PX, S100VHR2, S100XT1R |
| Total assets | 1,094,930 | 1,148,870 | 1,200,857 | 1,260,242 | 1,320,527 | S100QH2O, S100T4PX, S100VHR2, S100XT1R |
| Net assets | 566,843 | 576,922 | 627,464 | 646,418 | 686,223 | S100T4PX, S100VHR2, S100XT1R |
| Share capital | 30,872 | 30,872 | 30,872 | 30,872 | 30,872 | S100QH2O, S100T4PX, S100VHR2, S100XT1R |
| Property, plant and equipment | 301,014 | 320,077 | 330,007 | 347,998 | 373,237 | S100QH2O, S100T4PX, S100VHR2, S100XT1R |
| Intangible assets excluding goodwill | 77,554 | 56,644 | 45,612 | 28,261 | 33,083 | S100QH2O, S100T4PX, S100VHR2, S100XT1R |
| Goodwill | 31,054 | 19,223 | 19,312 | 8,020 | 11,045 | S100QH2O, S100T4PX, S100VHR2, S100XT1R |
| Investment securities | 21,913 | 16,728 | 19,854 | 21,417 | 23,374 | S100QH2O, S100T4PX, S100VHR2, S100XT1R |
| Current assets | 648,102 | 711,358 | 748,285 | 784,495 | 786,782 | S100QH2O, S100T4PX, S100VHR2, S100XT1R |
| Current liabilities | 366,823 | 418,238 | 416,329 | 415,892 | 409,516 | S100QH2O, S100T4PX, S100VHR2, S100XT1R |
| Trade payables | 172,615 | 186,282 | 180,822 | 153,158 | 146,422 | S100QH2O, S100T4PX, S100VHR2, S100XT1R |
| Short-term borrowings | 19,198 | 36,442 | 63,258 | 84,806 | 88,882 | S100QH2O, S100T4PX, S100VHR2, S100XT1R |
| Long-term borrowings | 28,307 | 32,338 | 39,231 | 72,166 | 72,364 | S100QH2O, S100T4PX, S100VHR2, S100XT1R |
| Bonds | 40,000 | 40,000 | 40,000 | 40,000 | 60,000 | S100QH2O, S100T4PX, S100VHR2, S100XT1R |
| Interest-bearing debt | 87,505 | 108,780 | 142,489 | 196,972 | 221,246 | 算出 |
| Total liabilities | 528,087 | 571,948 | 573,393 | 613,824 | 634,304 | S100QH2O, S100T4PX, S100VHR2, S100XT1R |
| Non-controlling interests | 15,456 | 7,659 | 7,693 | 5,737 | 4,557 | S100QH2O, S100T4PX, S100VHR2, S100XT1R |
| Equity attributable to owners of parent | 478,923 | 468,496 | 488,476 | 473,644 | 488,376 | S100QH2O, S100T4PX, S100VHR2, S100XT1R |
| Retained earnings | 423,104 | 413,570 | 433,579 | 428,776 | 444,590 | S100QH2O, S100T4PX, S100VHR2, S100XT1R |
| Treasury stock | -1,123 | -1,149 | -1,177 | -11,207 | -11,146 | S100QH2O, S100T4PX, S100VHR2, S100XT1R |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 8% | S100XT1R |
| Property, plant and equipment | 28% | S100XT1R |
| Intangibles and goodwill | 3% | S100XT1R |
| Investment securities | 2% | S100XT1R |
| Other assets | 59% | S100XT1R |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Trade payables | 11% | S100XT1R |
| Interest-bearing debt | 17% | 算出 |
| Other liabilities | 20% | S100XT1R |
| Equity | 52% | S100XT1R |

### Balance sheet history

| Metric | FY ending Mar 2022 | FY ending Dec 2022 | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Total assets | 1,094,930 | 1,148,870 | 1,200,857 | 1,260,242 | 1,320,527 |
| Equity | 566,843 | 576,922 | 627,464 | 646,418 | 686,223 |
| Interest-bearing debt | 87,505 | 108,780 | 142,489 | 196,972 | 221,246 |
| Cash | 84,992 | 93,727 | 100,235 | 107,542 | 107,622 |

## 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) | 35.0% | S100XT1R |
| Fixed assets ÷ total assets | 28.3% | S100XT1R |
| Goodwill ÷ parent equity | 2.3% | S100XT1R |

### 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) | 8.1% |
| Cash ÷ revenue | 10.1% |
| Net cash (cash − interest-bearing debt) | -¥113.6B |
| Net debt ÷ operating cash flow | 1.78× |
| Cash conversion (operating CF ÷ operating income) | 123.7% |
| Cash vs. profit gap | 32,729 JPY mn (of net income 105.8%) |
| Shareholder returns / net income | 48.5% |
| Shareholder returns / FCF | 132.5% |
| Shareholder payments — dividends / net income | 48.5% |
| Shareholder payments — dividends / FCF | 132.4% |
| CapEx intensity (capex ÷ revenue) | 4.9% |
| Investing CF relative to operating CF | 93.2% |

## 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 | 4.7% | 0.86× | 4.0% | 2.29× | 9.2% | S100QH2O |
| 2022 | 0.7% | 0.74× | 0.5% | 2.45× | 1.2% | S100T4PX |
| 2023 | 3.0% | 0.92× | 2.8% | 2.46× | 6.8% | S100VHR2 |
| 2024 | 0.7% | 0.87× | 0.6% | 2.56× | 1.6% | S100XT1R |
| 2025 | 2.9% | 0.83× | 2.4% | 2.68× | 6.4% | S100XT1R |

## 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 | 16.6% | 2025-12-31 |
| 株式会社日本カストディ銀行(信託口) | Major shareholder | 9.1% | 2025-12-31 |
| State Street Bank And Trust Company 505001(常任代理人 株式会社みずほ銀行決済営業部) | Major shareholder | 5.6% | 2025-12-31 |
| Northern Trust Co. (AVFC) Re Silchester International Investors International Value Equity Trust (常任代理人 香港上海銀行東京支店) | Major shareholder | 4.4% | 2025-12-31 |
| 住友生命保険相互会社 | Major shareholder | 3.6% | 2025-12-31 |
| 住友重機械工業共栄会 | Major shareholder | 2.9% | 2025-12-31 |
| Northern Trust Co. (AVFC) Re U.S. Tax Exempted Pension Funds(常任代理人 香港上海銀行東京支店) | Major shareholder | 2.5% | 2025-12-31 |
| Northern Trust Co. (AVFC) RE NON TREATY CLIENTS ACCOUNT(常任代理人 香港上海銀行東京支店) | Major shareholder | 1.8% | 2025-12-31 |
| 住友重機械社員持株会 | Major shareholder | 1.7% | 2025-12-31 |
| State Street Bank And Trust Company 505223 (常任代理人 株式会社みずほ銀行決済営業部) | Major shareholder | 1.6% | 2025-12-31 |

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

- Revenue for FY ending Dec 2025 was ¥1.07T, essentially flat (-0.4%).
- Gross profit edged up to ¥260.9B (+1.5%), yet operating income slipped to ¥51.5B (-6.6%).
- Net income attributable to owners jumped from ¥7.72B to ¥30.9B (+300.7%).
- Operating cash flow rose to ¥63.7B (+398.8%), and free cash flow turned positive at ¥11.3B after -¥34.9B the year before.

### Drivers

- Mechatronics grew sales and profit as gear reducer demand recovered, European customers finished cutting inventories, and chip-related demand for cryocoolers rose
- Industrial Machinery had a thin backlog of semiconductor orders, so its sales and profit fell
- In Logistics and Construction, excavator sales dropped after weak orders the prior year, and higher bad-debt provisions cut profit
- Energy and Lifeline earned more thanks to better project margins and lower development spending on liquid air energy storage (LAES)
- Operating cash flow improved because receivables grew less and payables shrank less than the year before

### Risks

- Most sales are capital goods, so a downturn in Japan, Asia, North America or Europe could shrink demand
- Conflicts, political shifts and new regulations abroad could hurt results
- Exchange-rate swings change the yen value of overseas sales and the prices of goods bought or sold in foreign currencies

Cited: Annual Securities Report (130th term) (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 (130th term) (事業等のリスク)

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第130期(2025/01/01－2025/12/31) | S100XT1R | 2026-03-26 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100XT1R,, |
| 有価証券報告書－第129期(2024/01/01－2024/12/31) | S100VHR2 | 2025-03-28 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100VHR2,, |
| 有価証券報告書－第128期(2023/01/01－2023/12/31) | S100T4PX | 2024-03-28 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100T4PX,, |
| 有価証券報告書－第127期(2022/04/01－2022/12/31) | S100QH2O | 2023-03-30 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100QH2O,, |

## Key alliances (from the filing's material contracts)

| Partner | Type | Description | Source |
| --- | ---: | ---: | ---: |
| CNH Industrial N.V. | Co-development | 子会社の住友建機が CNH に油圧ショベルの製造・組立技術を供与 | S100XT1R |
| GE HealthCare Technologies Inc. | Co-development | GE HealthCare から医療診断用粒子加速器の技術を導入 | S100XT1R |
| BAE Systems Bofors AB | Co-development | BAE Systems Bofors から40ミリ機関砲の技術を導入 | S100XT1R |

## 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).