Takahashi Curtain WallTAKAHASHI CURTAIN WALL CORPORATION1994東証スタンダード建設業FY ending Dec 2025, consolidated, J-GAAP
Out of every ¥100 of sales, about ¥2 is left as operating profit. Revenue changed -21.8% from the prior year, operating profit -81.0%.
Net margin × asset turnover = ROA; ROA × financial leverage = ROE
Denominators: average assets and average equity. Derived from reported values; ROE is shown only for positive profit and equity.
| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE |
|---|---|---|---|---|---|
| 2021 | 11.5% | 0.88× | 10.1% | 1.30× | 13.1% |
| 2022 | 2.0% | 0.57× | 1.2% | 1.23× | 1.4% |
| 2023 | 4.1% | 0.59× | 2.4% | 1.17× | 2.8% |
| 2024 | 4.0% | 0.71× | 2.8% | 1.24× | 3.5% |
| 2025 | 2.6% | 0.55× | 1.4% | 1.24× | 1.8% |
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 2021 | FY ending Dec 2022 | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 |
|---|---|---|---|---|---|
| Revenue | 12,233 | 7,531 | 7,333 | 9,384 | 7,338 |
| Cost of revenue | 9,395 | 6,498 | 6,079 | 7,869 | 6,238 |
| Gross profit | 2,838 | 1,033 | 1,254 | 1,515 | 1,101 |
| SG&A | 853 | 863 | 898 | 921 | 988 |
| Operating income | 1,985 | 170 | 356 | 594 | 113 |
| Pretax income | 2,096 | 226 | 447 | 662 | 186 |
| Income tax | 694 | 74 | 145 | 289 | -5 |
| Net income attributable to owners | 1,403 | 152 | 302 | 373 | 191 |
| Operating margin | 16.2% | 2.3% | 4.9% | 6.3% | 1.5% |
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 2021 | FY ending Dec 2022 | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 |
|---|---|---|---|---|---|
| Cash and equivalents | ¥3.11B | ¥1.47B | ¥2.65B | ¥1.03B | ¥2.15B |
| Total assets | ¥13.9B | ¥12.3B | ¥12.7B | ¥13.9B | ¥12.6B |
| Net assets | ¥10.7B | ¥10.7B | ¥10.7B | ¥10.8B | ¥10.8B |
| Share capital | ¥100M | ¥100M | ¥100M | ¥100M | ¥100M |
| Property, plant and equipment | ¥3.14B | ¥3.15B | ¥3.05B | ¥2.88B | ¥2.97B |
| Intangible assets excluding goodwill | ¥43.6M | ¥90.8M | ¥82.7M | ¥70.8M | ¥56.5M |
| Investment securities | ¥186.9M | ¥184.5M | ¥208.8M | ¥222M | ¥290.4M |
| Current assets | ¥8.56B | ¥6.95B | ¥7.38B | ¥8.69B | ¥7.26B |
| Current liabilities | ¥2.65B | ¥1.32B | ¥1.63B | ¥2.46B | ¥1.45B |
| Short-term borrowings | ¥370M | ¥344M | ¥535M | ¥1B | ¥448M |
| Long-term borrowings | ¥271M | ¥102M | ¥144M | ¥326M | ¥78M |
| Total liabilities | ¥3.21B | ¥1.65B | ¥2.01B | ¥3.1B | ¥1.83B |
| Equity attributable to owners of parent | ¥10.7B | ¥10.7B | ¥10.7B | ¥10.7B | ¥10.7B |
| Retained earnings | ¥7.65B | ¥7.63B | ¥7.76B | ¥7.97B | ¥8B |
| Treasury stock | -¥323.6M | -¥351.1M | -¥470.6M | -¥616.4M | -¥666.3M |
EDINET (FSA Japan)
有価証券報告書－第61期(2025/01/01－2025/12/31)
EDINET (FSA Japan)
有価証券報告書－第60期(2024/01/01－2024/12/31)
EDINET (FSA Japan)
有価証券報告書－第59期(2023/01/01－2023/12/31)
EDINET (FSA Japan)
有価証券報告書－第58期(2022/01/01－2022/12/31)
EDINET (FSA Japan)
有価証券報告書－第57期(令和3年1月1日－令和3年12月31日)
EDINET (FSA Japan)
有価証券報告書－第56期(令和2年1月1日－令和2年12月31日)
Extracted from XBRL: 50 / Derived from other figures: 1
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