Synspective290A東証グロース情報・通信業FY ending Dec 2025, consolidated, J-GAAP
It lost about ¥174 for every ¥100 of sales at the operating level. Revenue changed +2.6% from the prior year.
Net margin × asset turnover = ROA; ROA × financial leverage = ROE
| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE |
|---|---|---|---|---|---|
| 2023 | — | —× | -13.4% | —× | — |
| 2024 | — | —× | -18.2% | —× | — |
| 2025 | — | —× | -1.0% | —× | — |
Financial leverage can raise ROE; a higher value alone does not describe a company's overall condition.
Annual trends in tangible-asset ratios and goodwill balance.
Ratios are derived from reported values. Goodwill is shown only when separately reported; it is not inferred from combined intangible assets. Definition
Track R&D investment and how long operating capital remains tied up before sales turn into cash.
R&D is shown only for years with machine-readable disclosure. Days are estimates using year-end receivables, inventory and payables divided by annual revenue or cost of sales; financial companies are excluded.
| Item | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 |
|---|---|---|---|
| Revenue | 1,386 | 2,317 | 2,377 |
| Cost of revenue | 570 | 2,102 | 2,369 |
| Gross profit | 816 | 215 | 8 |
| SG&A | 2,612 | 3,285 | 4,145 |
| Operating income | -1,796 | -3,070 | -4,138 |
| Pretax income | -1,505 | -3,586 | -1,065 |
| Income tax | 15 | 6 | -693 |
| Net income attributable to owners | -1,520 | -3,593 | -371 |
| Operating margin | -129.5% | -132.5% | -174.1% |
Year-end figures from filings. Unreported items are omitted. Interest-bearing debt excludes lease liabilities.
Each bar totals 100% of assets; other is the residual.
| Item | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 |
|---|---|---|---|
| Cash and equivalents | ¥4.47B | ¥14.2B | ¥24.5B |
| Total assets | ¥11.3B | ¥28.2B | ¥49.4B |
| Net assets | ¥7.87B | ¥19.9B | ¥38.8B |
| Share capital | ¥100M | ¥7.68B | ¥17B |
| Property, plant and equipment | ¥5.25B | ¥11.7B | ¥21.2B |
| Intangible assets excluding goodwill | ¥12.6M | ¥35.4M | ¥748.5M |
| Current assets | ¥5.98B | ¥16.3B | ¥26.5B |
| Current liabilities | ¥1.51B | ¥2.23B | ¥5.27B |
| Short-term borrowings | ¥1B | ¥1B | ¥2.79B |
| Long-term borrowings | ¥1.94B | ¥6.09B | ¥5.31B |
| Total liabilities | ¥3.44B | ¥8.32B | ¥10.6B |
| Equity attributable to owners of parent | ¥7.87B | ¥19.4B | ¥37.6B |
| Retained earnings | -¥1.55B | -¥3.58B | -¥3.95B |
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