SecondXight AnalyticaSecondXight Analytica, Inc.5028東証グロース情報・通信業FY ending Dec 2025, consolidated, J-GAAP

SecondXight Analytica revenue and profit

Out of every ¥100 of sales, about ¥12 is left as operating profit. Revenue changed +25.9% from the prior year, operating profit +7.0%.

Five-year trend

Revenue¥1.44B
FY ending Mar 2023: ¥906M¥906MFY ending Dec 2023: ¥680.8M¥680.8MFY ending Dec 2024: ¥1.14B¥1.14BFY ending Dec 2025: ¥1.44B¥1.44BFY23FY23FY24FY25
Operating income¥171.1M
FY ending Mar 2023: ¥223.9M¥223.9MFY ending Dec 2023: ¥36.7M¥36.7MFY ending Dec 2024: ¥159.9M¥159.9MFY ending Dec 2025: ¥171.1M¥171.1MFY23FY23FY24FY25
Operating margin11.9%
FY ending Mar 2023: 24.7%24.7%FY ending Dec 2023: 5.4%5.4%FY ending Dec 2024: 14.0%14.0%FY ending Dec 2025: 11.9%11.9%FY23FY23FY24FY25

What drives ROE

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

Net margin8.5%
Asset turnover1.13×
ROA9.6%
ROA9.6%
Financial leverage1.31×
ROE12.6%

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

Net margin8.5%
2023: 17.2%17.2%2023: 3.6%3.6%2024: 10.2%10.2%2025: 8.5%8.5%23232425
Asset turnover1.13×
2023: 0.87×0.87×2023: 0.86×0.86×2024: 1.23×1.23×2025: 1.13×1.13×23232425
ROA9.6%
2023: 14.9%14.9%2023: 3.1%3.1%2024: 12.6%12.6%2025: 9.6%9.6%23232425
Financial leverage1.31×
2023: 1.20×1.20×2023: 1.23×1.23×2024: 1.27×1.27×2025: 1.31×1.31×23232425
ROE12.6%
2023: 18.0%18.0%2023: 3.8%3.8%2024: 16.0%16.0%2025: 12.6%12.6%23232425
PeriodNet marginAsset turnoverROAFinancial leverageROE
202317.2%0.87×14.9%1.20×18.0%
20233.6%0.86×3.1%1.23×3.8%
202410.2%1.23×12.6%1.27×16.0%
20258.5%1.13×9.6%1.31×12.6%

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 ÷ revenue3.8%
2025: 3.8%3.8%25
PPE ÷ total assets4.3%
2025: 4.3%4.3%25
Goodwill ÷ parent equity16.2%
2025: 16.2%16.2%25
Goodwill balance¥156.2M
2025: ¥156.2M¥156.2M25

Ratios are derived from reported values. Goodwill is shown only when separately reported; it is not inferred from combined intangible assets. Definition

Income statement (JPY millions)

ItemFY ending Mar 2023FY ending Dec 2023FY ending Dec 2024FY ending Dec 2025
Revenue9066811,1411,436
Cost of revenue334348604858
Gross profit572333538578
SG&A348296378407
Operating income22437160171
Pretax income21535159168
Income tax59104347
Net income attributable to owners15625117122
Operating margin24.7%5.4%14.0%11.9%

Balance sheet (reported items)

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

Assets

Cash 29%
5%
Intangibles and goodwill 29%
5%
Other assets 32%

Funding

Other liabilities 24%
Equity 76%
0%

Each bar totals 100% of assets; other is the residual.

ItemFY ending Mar 2023FY ending Dec 2023FY ending Dec 2024FY ending Dec 2025
Cash and equivalents¥461.9M¥361.2M¥514.9M¥369.5M
Total assets¥1.04B¥789.6M¥1.06B¥1.27B
Net assets¥867.7M¥642.9M¥813.4M¥965.5M
Share capital¥318.5M¥343.7M¥355.6M¥356.2M
Property, plant and equipment¥60.5M¥53.6M¥46.9M¥55M
Intangible assets excluding goodwill¥92.5M¥69.6M¥54.1M¥213.8M
Goodwill———¥156.2M
Investment securities¥67.4M¥67.4M¥67.4M¥67.4M
Current assets¥779.4M¥553.9M¥840.8M¥864.8M
Current liabilities¥163.4M¥133.7M¥237.3M¥275.7M
Short-term borrowings¥30M¥30M¥30M¥30M
Total liabilities¥176.4M¥146.7M¥250.3M¥300.6M
Equity attributable to owners of parent¥867.7M¥642.9M¥813.4M¥965.5M
Retained earnings¥330.7M¥355.4M¥464.5M¥574.4M
Treasury stock—-¥300M-¥262.3M-¥221.3M

Sources

Show source documents (3)
  • EDINET (FSA Japan)

    有価証券報告書-第10期(2025/01/01-2025/12/31)

    ID S100XSMG2026-03-24Open
  • EDINET (FSA Japan)

    有価証券報告書-第9期(2024/01/01-2024/12/31)

    ID S100VG8F2025-03-28Open
  • EDINET (FSA Japan)

    有価証券報告書-第8期(2023/04/01-2023/12/31)

    ID S100T41R2024-03-26Open

Extracted from XBRL: 45 / Derived from other figures: 1

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