# SUZUKI CO.,LTD.: business model and financials

> Latest period: FY ending Jun 2026, consolidated, J-GAAP
> Unit: JPY millions
> Sources: 有価証券報告書－第57期(2025/07/01－2026/06/30) (S100Z35F)
> Page: https://vizora.meequs.com/en/company/suzuki
> Retrieved: 2026-09-30T21:33:42.052Z

## Company

Suzuki, founded in 1970, is a company in Machine Tools listed on TSE Prime. It has 1,127 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | SUZUKI CO.,LTD. |
| Ticker | 6785 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/6785.T) |
| Listing | TSE Prime |
| Head office | 長野県須坂市大字小河原2150番地1 |
| Representative (per filing) | 代表取締役社長 鈴木 教義 |
| Founded | Jul 1970 |
| Share capital | ¥2.44B |
| Employees (consolidated) | 1,127 |
| Average salary (parent only) | ¥6.5M |
| Fiscal year end | June |
| Corporate number | 4100001005587 |
| EDINET | E02058 |
| Industries (Vizora) | Machine Tools, Electronic Components, Real Estate Development & Leasing, Industrial Machinery |

> Profile source: annual securities report (S100Z35F, filed 2026-09-24). As of filing

## Five-axis industry profile

Primary industry: Electronic Components (2026-06-30)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Revenue growth | 36.8 | 53 |
| Profitability | 86.6 | 56 |
| Cash conversion | 44.8 | 48 |
| Efficiency | 72.3 | 56 |

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 79% of Suzuki's sales come from Parts, with Machinery and appliances and Die making up much of the rest.
- Out of every ¥100 of sales, about ¥14 is left as operating profit.
- Revenue changed +21.4% from the prior year, operating profit +29.5%.

## Company structure

- Segment revenue mix: Parts 78.9%、Machinery and appliances 17.4%、Die 3.7%、Rental 0.0%
- Revenue → net income: ¥40445777000 → ¥4254568000
- Net income → operating cash flow: ¥4254568000 → ¥6909904000（difference ¥2655336000）
- Main uses of operating cash flow: CapEx ¥2902972000 / dividends ¥1321927000 / buybacks ¥302000
- Change in cash: ¥944401000
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 | ¥40.4B |  |
| Operating income | ¥5.56B | Margin 13.7% |
| Net income | ¥3.75B | Margin 9.3% |
| Free cash flow | ¥4.01B |  |
| Largest business | Parts | of segment revenue 78.9% |
| Employees (consolidated) | 1,127 |  |
| EPS | ¥211.09 |  |
| Book value per share | ¥1993.4 |  |
| Equity ratio | 66.4% |  |
| Shares outstanding | 14,404,000 |  |
| Treasury shares | 45,100 |  |
| Shareholders | 11,809 |  |
| Average salary (parent only) | ¥6.5M | Filing company only |
| Cash ratio | 14.8% | Cash ÷ revenue 17.6% |
| Vs. industry median margin | +7.8 pp | Electronic Components |
| ROE | 14.1% | Derived from disclosed figures |
| ROA | 8.5% | Derived from disclosed figures |

## Notable figures

- FY2026, one segment accounts for 82% of positive segment profit

## What changed in 5 years

| Metric | FY ending Jun 2021 | FY ending Jun 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥32708577000 | ¥40445777000 | +23.7% |
| Operating income | ¥3097295000 | ¥5559740000 | +79.5% |
| Operating margin | 9.5% | 13.7% | +4.3 pp |
| Employees | 1,062 people | 1,127 people | +6.1% |
| Cash and equivalents | ¥3078921000 | ¥7101422000 | +130.6% |

### Change in segment revenue mix

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

| Flow | Revenue share |
| --- | ---: |
| 金型 → 金型 | 3.7% |
| 金型 → 事業再編・廃止 | 0.5% |
| 部品 → 部品 | 75.7% |
| 機械器具 → 機械器具 | 17.4% |
| 機械器具 → 事業再編・廃止 | 2.6% |
| その他 → 事業再編・廃止 | 0.0% |
| 賃貸 → 賃貸 | 0.0% |
| 賃貸 → 事業再編・廃止 | 0.0% |
| 新設・再編 → 部品 | 3.2% |

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 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Parts | 5 years | +5.2% | ¥31905941000 | 18.5% | 2 |
| Machinery and appliances | 5 years | +1.5% | ¥7049708000 | 12.4% | 2 |
| Die | 5 years | +1.5% | ¥1482168000 | 22.9% | 2 |
| Rental | 5 years | -5.9% | ¥7958000 | 1113.5% | 2 |

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

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 40,446 | 100.0% | S100Z35F |
| Cost of revenue | 31,888 | 78.8% | S100Z35F |
| Gross profit | 8,557 | 21.2% | S100Z35F |
| SG&A | 2,998 | 7.4% | S100Z35F |
| Operating income | 5,560 | 13.7% | S100Z35F |
| Ordinary income | 5,828 | 14.4% | S100Z35F |
| Pretax income | 5,850 | 14.5% | S100Z35F |
| Income tax | 1,595 | 3.9% | S100Z35F |
| Net income | 4,255 | 10.5% | S100Z35F |
| Net income attributable to owners | 3,749 | 9.3% | S100Z35F |

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

| Part | JPY |
| --- | ---: |
| Cost of revenue | 79 |
| SG&A | 7 |
| Operating income | 14 |
| (Ref.) Net income | 9 |

### Margin funnel

Gross margin 21.2% → Operating margin 13.7% → Net margin 9.3%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue and profit up
Revenue growth: +21.4%; Core profit growth: +29.5%
Growth quality: margin-expansion
Operating leverage (core profit growth ÷ revenue growth): 1.38×
Calculated from comparable annual consolidated filings.

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

| Metric | Prior | Current | Change | % change |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 33,323 | 40,446 | 7,123 | +21.4% |
| Gross profit | 6,925 | 8,557 | 1,632 | +23.6% |
| Operating income | 4,293 | 5,560 | 1,267 | +29.5% |
| Net income attributable to owners | 2,761 | 3,749 | 989 | +35.8% |
| Operating cash flow | 5,501 | 6,910 | 1,409 | +25.6% |
| Free cash flow | 2,627 | 4,007 | 1,380 | +52.5% |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Jun 2020 | 28,127 | 1,735 | 6.2% | 1,237 | 2,342 | -513 | S100MH0O |
| FY ending Jun 2021 | 32,709 | 3,097 | 9.5% | 2,051 | 4,830 | 1,628 | S100P8SM |
| FY ending Jun 2022 | 26,086 | 2,958 | 11.3% | 2,088 | 4,121 | 101 | S100RWZ4 |
| FY ending Jun 2023 | 26,374 | 3,151 | 11.9% | 1,957 | 3,878 | 797 | S100UFC8 |
| FY ending Jun 2024 | 27,726 | 3,369 | 12.2% | 2,268 | 5,445 | 2,851 | S100WQD6 |
| FY ending Jun 2025 | 33,323 | 4,293 | 12.9% | 2,761 | 5,501 | 2,627 | S100Z35F |
| FY ending Jun 2026 | 40,446 | 5,560 | 13.7% | 3,749 | 6,910 | 4,007 | S100Z35F |

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

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥35.9M |
| Operating income per employee (consolidated) | ¥4.9M |
| Net income per employee (consolidated) | ¥3.3M |

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

| History | FY ending Jun 2022 | FY ending Jun 2023 | FY ending Jun 2024 | FY ending Jun 2025 | FY ending Jun 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Employees (consolidated) | 1,086 | 1,073 | 1,085 | 1,091 | 1,127 |
| Average salary (parent company) | ¥5.6M | ¥5.5M | ¥5.6M | ¥6M | ¥6.5M |
| Average age (parent company) | 40.5 years | 40.8 years | 40.6 years | 41.0 years | 41.3 years |
| Average tenure (parent company) | 17.6 years | 17.8 years | 17.8 years | 18.2 years | 17.7 years |

Year over year: Employees (consolidated) +3.3% · Revenue (consolidated) +21.4%

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

| Segment | Revenue | Share | Op. income | Op. margin |
| --- | ---: | ---: | ---: | ---: |
| Die | 1,482 | 3.7% | 340 | 22.9% |
| Parts | 31,906 | 78.9% | 5,902 | 18.5% |
| Machinery and appliances | 7,050 | 17.4% | 874 | 12.4% |
| Rental | 8 | 0.0% | 89 | 1113.5% |

### 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 |
| --- | ---: | ---: | ---: | ---: |
| Die | 3.7% | 4.7% | 1.1 | 22.9% |
| Parts | 78.9% | 81.9% | 3.0 | 18.5% |
| Machinery and appliances | 17.4% | 12.1% | -5.3 | 12.4% |
| Rental | 0.0% | 1.2% | 1.2 | 1113.5% |

Segment → industry: Die → Machine Tools / Parts → Electronic Components / Rental → Real Estate Development & Leasing / Machinery and appliances → Industrial Machinery

## Revenue by geography

No geographic revenue breakdown was disclosed.

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

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Operating cash flow | 6,910 | 17.1% | S100Z35F |
| Capital expenditure | 2,903 | 7.2% | S100Z35F |
| Free cash flow | 4,007 | 9.9% | 算出 |
| Investing cash flow | -3,444 | -8.5% | S100Z35F |
| Financing cash flow | -2,624 | -6.5% | S100Z35F |
| Dividends paid | 1,322 | 3.3% | S100Z35F |
| Share buyback | 0 | 0.0% | S100Z35F |
| Change in cash | 944 | 2.3% | S100Z35F |
| Cash and equivalents | 7,101 | 17.6% | S100Z35F |

## 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 Jun 2022 | FY ending Jun 2023 | FY ending Jun 2024 | FY ending Jun 2025 | FY ending Jun 2026 | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | 3,862 | 4,212 | 5,723 | 6,157 | 7,101 | S100UFC8, S100WQD6, S100Z35F |
| Total assets | 32,262 | 34,429 | 37,064 | 39,773 | 47,998 | S100RWZ4, S100UFC8, S100WQD6, S100Z35F |
| Net assets | 21,715 | 23,552 | 26,065 | 27,902 | 33,166 | S100UFC8, S100WQD6, S100Z35F |
| Share capital | 2,442 | 2,442 | 2,442 | 2,442 | 2,442 | S100RWZ4, S100UFC8, S100WQD6, S100Z35F |
| Property, plant and equipment | 16,093 | 17,064 | 17,414 | 17,333 | 17,805 | S100RWZ4, S100UFC8, S100WQD6, S100Z35F |
| Intangible assets excluding goodwill | 95 | 102 | 109 | 147 | 214 | S100RWZ4, S100UFC8, S100WQD6, S100Z35F |
| Investment securities | 1,273 | 1,512 | 2,137 | 2,575 | 5,724 | S100RWZ4, S100UFC8, S100WQD6, S100Z35F |
| Current assets | 14,385 | 15,423 | 17,105 | 19,464 | 23,968 | S100RWZ4, S100UFC8, S100WQD6, S100Z35F |
| Current liabilities | 7,657 | 7,798 | 8,473 | 9,801 | 12,249 | S100RWZ4, S100UFC8, S100WQD6, S100Z35F |
| Short-term borrowings | 1,398 | 1,109 | 1,140 | 1,275 | 933 | S100RWZ4, S100UFC8, S100WQD6, S100Z35F |
| Long-term borrowings | 1,534 | 1,781 | 1,180 | 579 | 82 | S100RWZ4, S100UFC8, S100WQD6, S100Z35F |
| Total liabilities | 10,547 | 10,877 | 10,999 | 11,871 | 14,832 | S100RWZ4, S100UFC8, S100WQD6, S100Z35F |
| Non-controlling interests | 531 | 639 | 850 | 981 | 1,279 | S100RWZ4, S100UFC8, S100WQD6, S100Z35F |
| Equity attributable to owners of parent | 20,444 | 22,033 | 23,883 | 25,422 | 27,893 | S100RWZ4, S100UFC8, S100WQD6, S100Z35F |
| Retained earnings | 15,774 | 17,443 | 19,280 | 20,807 | 23,264 | S100RWZ4, S100UFC8, S100WQD6, S100Z35F |
| Treasury stock | -26 | -67 | -57 | -50 | -44 | S100RWZ4, S100UFC8, S100WQD6, S100Z35F |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 15% | S100Z35F |
| Property, plant and equipment | 37% | S100Z35F |
| Intangibles and goodwill | 0% | S100Z35F |
| Investment securities | 12% | S100Z35F |
| Other assets | 36% | S100Z35F |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Other liabilities | 31% | S100Z35F |
| Equity | 69% | S100Z35F |
| Other liabilities | 0% | S100Z35F |

### Balance sheet history

| Metric | FY ending Jun 2022 | FY ending Jun 2023 | FY ending Jun 2024 | FY ending Jun 2025 | FY ending Jun 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Total assets | 32,262 | 34,429 | 37,064 | 39,773 | 47,998 |
| Equity | 21,715 | 23,552 | 26,065 | 27,902 | 33,166 |
| Interest-bearing debt | — | — | — | — | — |
| Cash | 3,862 | 4,212 | 5,723 | 6,157 | 7,101 |

## 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) | 44.0% | S100Z35F |
| Fixed assets ÷ total assets | 37.1% | S100Z35F |
| Goodwill ÷ parent equity | — | —, S100Z35F |

### 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) | 14.8% |
| Cash ÷ revenue | 17.6% |
| Net cash (cash − interest-bearing debt) | — |
| Net debt ÷ operating cash flow | — |
| Cash conversion (operating CF ÷ operating income) | 124.3% |
| Cash vs. profit gap | 3,161 JPY mn (of net income 84.3%) |
| Shareholder returns / net income | 35.3% |
| Shareholder returns / FCF | 33.0% |
| Shareholder payments — dividends / net income | 35.3% |
| Shareholder payments — dividends / FCF | 33.0% |
| CapEx intensity (capex ÷ revenue) | 7.2% |
| Investing CF relative to operating CF | 49.8% |

## 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 | 8.0% | 0.81× | 6.5% | 1.58× | 10.2% | S100RWZ4 |
| 2023 | 7.4% | 0.79× | 5.9% | 1.57× | 9.2% | S100UFC8 |
| 2024 | 8.2% | 0.78× | 6.3% | 1.56× | 9.9% | S100WQD6 |
| 2025 | 8.3% | 0.87× | 7.2% | 1.56× | 11.2% | S100Z35F |
| 2026 | 9.3% | 0.92× | 8.5% | 1.65× | 14.1% | S100Z35F |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 株式会社クリンゲル | Major shareholder | 15.8% | 2026-06-30 |
| 日本マスタートラスト信託銀行株式会社（信託口） | Major shareholder | 8.8% | 2026-06-30 |
| 株式会社日本カストディ銀行（信託口） | Major shareholder | 6.4% | 2026-06-30 |
| 鈴木従業員持株会 | Major shareholder | 3.4% | 2026-06-30 |
| 鈴木教義 | Major shareholder | 2.7% | 2026-06-30 |
| STATE STREET BANK AND TRUST COMPANY （常任代理人 株式会社みずほ銀行決済営業部） | Major shareholder | 1.7% | 2026-06-30 |
| THE BANK OF NEW YORK, TREATY JASDEC ACCOUNT （常任代理人 株式会社三菱ＵＦＪ銀行） | Major shareholder | 1.6% | 2026-06-30 |
| BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE－AC) （常任代理人 株式会社三菱ＵＦＪ銀行） | Major shareholder | 1.4% | 2026-06-30 |
| GOLDMAN SACHS INTERNATIONAL （常任代理人 ゴールドマン・サックス証券株式会社） | Major shareholder | 1.4% | 2026-06-30 |
| 鈴木照子 | Major shareholder | 1.1% | 2026-06-30 |
| 株式会社商工組合中央金庫 | Major shareholder | 1.1% | 2026-06-30 |
| 小島まゆみ | Major shareholder | 1.1% | 2026-06-30 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第57期(2025/07/01－2026/06/30) | S100Z35F | 2026-09-24 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100Z35F,, |
| 有価証券報告書－第56期(2024/07/01－2025/06/30) | S100WQD6 | 2025-09-25 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100WQD6,, |
| 有価証券報告書－第55期(2023/07/01－2024/06/30) | S100UFC8 | 2024-09-27 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100UFC8,, |
| 有価証券報告書－第54期(2022/07/01－2023/06/30) | S100RWZ4 | 2023-09-28 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100RWZ4,, |
| 有価証券報告書－第53期(令和3年7月1日－令和4年6月30日) | S100P8SM | 2022-09-29 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100P8SM,, |
| 有価証券報告書－第52期(令和2年7月1日－令和3年6月30日) | S100MH0O | 2021-09-24 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100MH0O,, |

## 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).