# JAPAN SYSTEMBANK CORPORATION: 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30期(2025/07/01－2026/06/30) (S100Z3PM)
> Page: https://vizora.meequs.com/en/company/syb
> Retrieved: 2026-09-30T21:31:54.615Z

## Company

Japan Systembank, founded in 1996, is a company in Real Estate Development & Leasing listed on Nagoya. It has 195 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | JAPAN SYSTEMBANK CORPORATION |
| Ticker | 5530 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/5530.T) |
| Listing | Nagoya |
| Head office | 福井県福井市中央三丁目5番21号 |
| Representative (per filing) | 代表取締役社長 野坂 信嘉 |
| Founded | Jul 1996 |
| Share capital | ¥585.5M |
| Employees (consolidated) | 195 |
| Average salary (parent only) | ¥5.1M |
| Fiscal year end | June |
| Website | www.syb.co.jp (https://www.syb.co.jp/) |
| Corporate number | 8210001002628 |
| EDINET | E38512 |
| Industries (Vizora) | Real Estate Development & Leasing |

> Profile source: annual securities report (S100Z3PM, filed 2026-09-24). As of filing

## Five-axis industry profile

Primary industry: Real Estate Development & Leasing (2026-06-30)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Revenue growth | 19.3 | 75 |
| Profitability | 22.7 | 86 |
| Cash conversion | 75 | 82 |
| Efficiency | 83.1 | 86 |

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 98% of Japan Systembank's sales come from Parking Lot Management, with Property Management and Other making up much of the rest.
- Out of every ¥100 of sales, about ¥6 is left as operating profit.
- Revenue changed +2.8% from the prior year, operating profit +18.2%.

## Company structure

- Segment revenue mix: Parking Lot Management 98.5%、Property Management 1.3%、Other 0.2%
- Revenue → net income: ¥8094455000 → ¥303163000
- Net income → operating cash flow: ¥303163000 → ¥714946000（difference ¥411783000）
- Main uses of operating cash flow: CapEx ¥572379000 / dividends ¥73306000 / buybacks ¥36000
- Change in cash: ¥222360000
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 | ¥8.09B |  |
| Operating income | ¥503.7M | Margin 6.2% |
| Net income | ¥303.2M | Margin 3.7% |
| Free cash flow | ¥142.6M |  |
| Largest business | Parking Lot Management | of segment revenue 98.5% |
| Employees (consolidated) | 195 |  |
| EPS | ¥70.36 |  |
| Book value per share | ¥727.7 |  |
| Equity ratio | 37.0% |  |
| Shares outstanding | 2,294,488 |  |
| Treasury shares | 3,600 |  |
| Shareholders | 1,963 |  |
| Average salary (parent only) | ¥5.1M | Filing company only |
| Cash ratio | 23.3% | Cash ÷ revenue 20.9% |
| Vs. industry median margin | -4.3 pp | Real Estate Development & Leasing |
| ROE | 11.9% | Derived from disclosed figures |
| ROA | 4.2% | Derived from disclosed figures |

## Notable figures

- FY2026, operating cash flow is 2.4× net income
- FY2026, one segment accounts for 99% of positive segment profit
- FY2026, employees -1% while operating income rose 18%

## What changed in 4 years

| Metric | FY ending Jun 2022 | FY ending Jun 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥6776406000 | ¥8094455000 | +19.5% |
| Operating income | ¥354532000 | ¥503746000 | +42.1% |
| Operating margin | 5.2% | 6.2% | +1 pp |
| Employees | 194 people | 195 people | +0.5% |
| Cash and equivalents | ¥1618806000 | ¥1690037000 | +4.4% |

### Change in segment revenue mix

Span: FY ending Jun 2022 → 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 |
| --- | ---: |
| コインパーキング事業 → コインパーキング事業 | 98.0% |
| プロパティマネジメント事業 → プロパティマネジメント事業 | 1.3% |
| プロパティマネジメント事業 → 事業再編・廃止 | 0.6% |
| その他 → その他 | 0.1% |
| 新設・再編 → コインパーキング事業 | 0.5% |
| 新設・再編 → その他 | 0.1% |

Segment revenue source references: 6 (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 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Parking Lot Management | 4 years | +4.7% | ¥7971001000 | 12.4% | 2 |
| Property Management | 4 years | -4.5% | ¥106482000 | 9.7% | 2 |
| Other | 4 years | +24.6% | ¥16970000 | -159.6% | 2 |

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

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 8,094 | 100.0% | S100Z3PM |
| Cost of revenue | 5,936 | 73.3% | S100Z3PM |
| Gross profit | 2,158 | 26.7% | S100Z3PM |
| SG&A | 1,655 | 20.4% | S100Z3PM |
| Operating income | 504 | 6.2% | S100Z3PM |
| Ordinary income | 482 | 5.9% | S100Z3PM |
| Pretax income | 485 | 6.0% | S100Z3PM |
| Income tax | 181 | 2.2% | S100Z3PM |
| Net income | 303 | 3.7% | S100Z3PM |
| Net income attributable to owners | 303 | 3.7% | S100Z3PM |

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

| Part | JPY |
| --- | ---: |
| Cost of revenue | 73 |
| SG&A | 21 |
| Operating income | 6 |
| (Ref.) Net income | 4 |

### Margin funnel

Gross margin 26.7% → Operating margin 6.2% → Net margin 3.7%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue and profit up
Revenue growth: +2.8%; Core profit growth: +18.2%
Growth quality: margin-expansion
Operating leverage (core profit growth ÷ revenue growth): 6.59×
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 | 7,877 | 8,094 | 218 | +2.8% |
| Gross profit | 2,067 | 2,158 | 91 | +4.4% |
| Operating income | 426 | 504 | 78 | +18.2% |
| Net income attributable to owners | 247 | 303 | 56 | +22.7% |
| Operating cash flow | 591 | 715 | 124 | +21.0% |
| Free cash flow | -90 | 143 | 232 | — |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Jun 2022 | 6,776 | 355 | 5.2% | 179 | 738 | 498 | S100RYXC |
| FY ending Jun 2023 | 6,890 | 430 | 6.2% | 266 | 564 | 136 | S100UFYT |
| FY ending Jun 2024 | 7,617 | 550 | 7.2% | 293 | 788 | 381 | S100WR0H |
| FY ending Jun 2025 | 7,877 | 426 | 5.4% | 247 | 591 | -90 | S100Z3PM |
| FY ending Jun 2026 | 8,094 | 504 | 6.2% | 303 | 715 | 143 | S100Z3PM |

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

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥41.5M |
| Operating income per employee (consolidated) | ¥2.6M |
| Net income per employee (consolidated) | ¥1.6M |

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) | 194 | 191 | 194 | 197 | 195 |
| Average salary (parent company) | — | ¥4.2M | ¥4.6M | ¥4.9M | ¥5.1M |
| Average age (parent company) | — | 43.3 years | 43.1 years | 43.6 years | 44.1 years |
| Average tenure (parent company) | — | 10.3 years | 10.5 years | 11.1 years | 11.4 years |

Year over year: Employees (consolidated) -1.0% · Revenue (consolidated) +2.8%

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

| Segment | Revenue | Share | Op. income | Op. margin |
| --- | ---: | ---: | ---: | ---: |
| Parking Lot Management | 7,971 | 98.5% | 985 | 12.4% |
| Property Management | 106 | 1.3% | 10 | 9.7% |
| Other | 17 | 0.2% | -27 | -159.6% |

### 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 |
| --- | ---: | ---: | ---: | ---: |
| Parking Lot Management | 98.5% | 99.0% | 0.5 | 12.4% |
| Property Management | 1.3% | 1.0% | -0.3 | 9.7% |
| Other | 0.2% | — | — | -159.6% |

Loss-making segment (excluded from profit shares): Other -27 JPY mn

Segment → industry: Property Management → Real Estate Development & Leasing / Parking Lot Management → Real Estate Development & Leasing

## 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 | 715 | 8.8% | S100Z3PM |
| Capital expenditure | 572 | 7.1% | S100Z3PM |
| Free cash flow | 143 | 1.8% | 算出 |
| Investing cash flow | -322 | -4.0% | S100Z3PM |
| Financing cash flow | -171 | -2.1% | S100Z3PM |
| Dividends paid | 73 | 0.9% | S100Z3PM |
| Share buyback | 0 | 0.0% | S100Z3PM |
| Change in cash | 222 | 2.7% | S100Z3PM |
| Cash and equivalents | 1,690 | 20.9% | S100Z3PM |

## 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 | 1,619 | 1,428 | 1,395 | 1,468 | 1,690 | S100UFYT, S100WR0H, S100Z3PM |
| Total assets | 6,933 | 6,874 | 6,985 | 7,112 | 7,269 | S100RYXC, S100UFYT, S100WR0H, S100Z3PM |
| Net assets | 1,655 | 2,048 | 2,281 | 2,455 | 2,691 | S100UFYT, S100WR0H, S100Z3PM |
| Share capital | 497 | 584 | 584 | 586 | 586 | S100RYXC, S100UFYT, S100WR0H, S100Z3PM |
| Property, plant and equipment | 4,173 | 4,282 | 4,344 | 4,299 | 4,226 | S100RYXC, S100UFYT, S100WR0H, S100Z3PM |
| Intangible assets excluding goodwill | 81 | 69 | 69 | 103 | 82 | S100RYXC, S100UFYT, S100WR0H, S100Z3PM |
| Goodwill | 12 | 7 | 3 | 1 | 0 | S100RYXC, S100UFYT, S100WR0H, S100Z3PM |
| Investment securities | 81 | 89 | 65 | 58 | 43 | S100RYXC, S100UFYT, S100WR0H, S100Z3PM |
| Current assets | 2,357 | 2,164 | 2,238 | 2,383 | 2,643 | S100RYXC, S100UFYT, S100WR0H, S100Z3PM |
| Current liabilities | 2,088 | 2,000 | 1,960 | 1,920 | 1,894 | S100RYXC, S100UFYT, S100WR0H, S100Z3PM |
| Long-term borrowings | 2,568 | 2,213 | 2,096 | 2,063 | 1,960 | S100RYXC, S100UFYT, S100WR0H, S100Z3PM |
| Total liabilities | 5,278 | 4,826 | 4,704 | 4,657 | 4,578 | S100RYXC, S100UFYT, S100WR0H, S100Z3PM |
| Equity attributable to owners of parent | 1,656 | 2,042 | 2,263 | 2,440 | 2,670 | S100RYXC, S100UFYT, S100WR0H, S100Z3PM |
| Retained earnings | 599 | 813 | 1,033 | 1,207 | 1,437 | S100RYXC, S100UFYT, S100WR0H, S100Z3PM |
| Treasury stock | -2 | -2 | -2 | -2 | -2 | S100RYXC, S100UFYT, S100WR0H, S100Z3PM |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 23% | S100Z3PM |
| Property, plant and equipment | 58% | S100Z3PM |
| Intangibles and goodwill | 1% | S100Z3PM |
| Investment securities | 1% | S100Z3PM |
| Other assets | 17% | S100Z3PM |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Other liabilities | 63% | S100Z3PM |
| Equity | 37% | S100Z3PM |
| Other liabilities | 0% | S100Z3PM |

### 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 | 6,933 | 6,874 | 6,985 | 7,112 | 7,269 |
| Equity | 1,655 | 2,048 | 2,281 | 2,455 | 2,691 |
| Interest-bearing debt | — | — | — | — | — |
| Cash | 1,619 | 1,428 | 1,395 | 1,468 | 1,690 |

## 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) | 52.2% | S100Z3PM |
| Fixed assets ÷ total assets | 58.1% | S100Z3PM |
| Goodwill ÷ parent equity | 0.0% | S100Z3PM |

Goodwill over 4 years: 12 → 0 JPY; total investing cash flow: -1,583 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) | 23.3% |
| Cash ÷ revenue | 20.9% |
| Net cash (cash − interest-bearing debt) | — |
| Net debt ÷ operating cash flow | — |
| Cash conversion (operating CF ÷ operating income) | 141.9% |
| Cash vs. profit gap | 412 JPY mn (of net income 135.8%) |
| Shareholder returns / net income | 24.2% |
| Shareholder returns / FCF | 51.4% |
| Shareholder payments — dividends / net income | 24.2% |
| Shareholder payments — dividends / FCF | 51.4% |
| CapEx intensity (capex ÷ revenue) | 7.1% |
| Investing CF relative to operating CF | 45.0% |

## 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 | 2.6% | 0.98× | 2.6% | 4.19× | 10.8% | S100RYXC |
| 2023 | 3.9% | 1.00× | 3.9% | 3.73× | 14.4% | S100UFYT |
| 2024 | 3.8% | 1.10× | 4.2% | 3.22× | 13.6% | S100WR0H |
| 2025 | 3.1% | 1.12× | 3.5% | 3.00× | 10.5% | S100Z3PM |
| 2026 | 3.7% | 1.13× | 4.2% | 2.81× | 11.9% | S100Z3PM |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 野坂 信嘉 | Major shareholder | 23.5% | 2026-06-30 |
| 野坂 俊彰 | Major shareholder | 12.9% | 2026-06-30 |
| 株式会社パークランド | Major shareholder | 5.5% | 2026-06-30 |
| 野坂 弦司 | Major shareholder | 2.9% | 2026-06-30 |
| 株式会社サニカ | Major shareholder | 1.9% | 2026-06-30 |
| 林 明代 | Major shareholder | 1.7% | 2026-06-30 |
| 出口 和生 | Major shareholder | 1.6% | 2026-06-30 |
| 近藤 進 | Major shareholder | 1.4% | 2026-06-30 |
| 株式会社滋賀銀行 | Major shareholder | 1.2% | 2026-06-30 |
| 野坂 真美 | Major shareholder | 1.2% | 2026-06-30 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第30期(2025/07/01－2026/06/30) | S100Z3PM | 2026-09-24 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100Z3PM,, |
| 有価証券報告書－第29期(2024/07/01－2025/06/30) | S100WR0H | 2025-09-25 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100WR0H,, |
| 有価証券報告書－第28期(2023/07/01－2024/06/30) | S100UFYT | 2024-09-27 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100UFYT,, |
| 訂正有価証券報告書－第27期(2022/07/01－2023/06/30) | S100RYXC | 2023-10-04 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100RYXC,, |

## 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).