Techno SmartTechno Smart Corp.6246東証スタンダード機械FY ending Mar 2026, non-consolidated, J-GAAP

Techno Smart revenue and profit

Out of every ¥100 of sales, about ¥14 is left as operating profit. Revenue changed -3.9% from the prior year, operating profit -15.4%.

Five-year trend

Revenue¥20.7B
FY ending Mar 2022: ¥16.9B¥16.9BFY ending Mar 2023: ¥19.7B¥19.7BFY ending Mar 2024: ¥19.2B¥19.2BFY ending Mar 2025: ¥21.6B¥21.6BFY ending Mar 2026: ¥20.7B¥20.7BFY22FY23FY24FY25FY26
Operating income¥2.97B
FY ending Mar 2022: ¥1.64B¥1.64BFY ending Mar 2023: ¥2.23B¥2.23BFY ending Mar 2024: ¥2.59B¥2.59BFY ending Mar 2025: ¥3.51B¥3.51BFY ending Mar 2026: ¥2.97B¥2.97BFY22FY23FY24FY25FY26
Operating margin14.3%
FY ending Mar 2022: 9.7%9.7%FY ending Mar 2023: 11.3%11.3%FY ending Mar 2024: 13.5%13.5%FY ending Mar 2025: 16.3%16.3%FY ending Mar 2026: 14.3%14.3%FY22FY23FY24FY25FY26

What drives ROE

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

Net margin8.6%
Asset turnover0.66×
ROA5.7%
ROA5.7%
Financial leverage1.75×
ROE9.9%

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

Net margin8.6%
2022: 6.9%6.9%2023: 8.2%8.2%2024: 9.4%9.4%2025: 11.1%11.1%2026: 8.6%8.6%2223242526
Asset turnover0.66×
2022: 0.58×0.58×2023: 0.69×0.69×2024: 0.67×0.67×2025: 0.69×0.69×2026: 0.66×0.66×2223242526
ROA5.7%
2022: 4.0%4.0%2023: 5.6%5.6%2024: 6.2%6.2%2025: 7.6%7.6%2026: 5.7%5.7%2223242526
Financial leverage1.75×
2022: 1.85×1.85×2023: 1.74×1.74×2024: 1.67×1.67×2025: 1.77×1.77×2026: 1.75×1.75×2223242526
ROE9.9%
2022: 7.3%7.3%2023: 9.8%9.8%2024: 10.4%10.4%2025: 13.5%13.5%2026: 9.9%9.9%2223242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
20226.9%0.58×4.0%1.85×7.3%
20238.2%0.69×5.6%1.74×9.8%
20249.4%0.67×6.2%1.67×10.4%
202511.1%0.69×7.6%1.77×13.5%
20268.6%0.66×5.7%1.75×9.9%

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 ÷ revenue25.0%
2021: 48.5%48.5%2022: 26.6%26.6%2023: 22.6%22.6%2024: 23.9%23.9%2025: 24.0%24.0%2026: 25.0%25.0%212223242526
PPE ÷ total assets17.0%
2021: 17.7%17.7%2022: 15.4%15.4%2023: 15.9%15.9%2024: 15.3%15.3%2025: 15.9%15.9%2026: 17.0%17.0%212223242526

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

Investment and working-capital efficiency

Track R&D investment and how long operating capital remains tied up before sales turn into cash.

R&D spending¥150.3M
2021: ¥59.1M¥59.1M2022: ¥71.1M¥71.1M2023: ¥75.6M¥75.6M2024: ¥84.4M¥84.4M2025: ¥93.6M¥93.6M2026: ¥150.3M¥150.3M212223242526
R&D / revenue0.7%
2021: 0.7%0.7%2022: 0.4%0.4%2023: 0.4%0.4%2024: 0.4%0.4%2025: 0.4%0.4%2026: 0.7%0.7%212223242526

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.

Income statement (JPY millions)

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Revenue16,93919,67719,24221,57920,737
Cost of revenue14,47316,50315,60416,76215,679
Gross profit2,4673,1743,6394,8165,059
SG&A8249421,0511,3042,088
Operating income1,6432,2332,5883,5122,971
Pretax income1,6852,2752,6303,5553,026
Income tax5216688261,1651,234
Net income attributable to owners1,1641,6071,8042,3911,792
Operating margin9.7%11.3%13.5%16.3%14.3%

Balance sheet (reported items)

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

Assets

Cash 34%
Property, plant and equipment 17%
0%
Investment securities 9%
Other assets 40%

Funding

Other liabilities 32%
Equity 68%
0%

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

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Cash and equivalents¥10.5B¥9.48B¥9.61B¥6.9B¥10.4B
Total assets¥29.3B¥27.9B¥29.9B¥32.6B¥30.5B
Net assets¥17.4B¥18.6B¥19.7B¥19.6B¥20.8B
Share capital¥1.95B¥1.95B¥1.95B¥1.95B¥1.95B
Property, plant and equipment¥4.51B¥4.45B¥4.59B¥5.18B¥5.18B
Intangible assets excluding goodwill¥11.5M¥49.1M¥39.8M¥29.7M¥20.8M
Investment securities¥1.24B¥1.4B¥2B¥1.91B¥2.84B
Current assets¥23.2B¥21.6B¥23B¥25.2B¥22.3B
Current liabilities¥10.6B¥7.92B¥8.76B¥10.1B¥6.88B
Long-term borrowings———¥1.33B¥1.17B
Total liabilities¥11.9B¥9.33B¥10.2B¥13B¥9.74B
Equity attributable to owners of parent¥15.9B¥16.9B¥17.6B¥17.7B¥18.4B
Retained earnings¥12.4B¥13.4B¥14.1B¥15.5B¥16.3B
Treasury stock-¥141.3M-¥141.3M-¥111.5M-¥1.51B-¥1.57B

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    有価証券報告書-第92期(2025/04/01-2026/03/31)

    ID S100YJ0X2026-06-24Open
  • EDINET (FSA Japan)

    有価証券報告書-第91期(2024/04/01-2025/03/31)

    ID S100W6QS2025-06-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第90期(2023/04/01-2024/03/31)

    ID S100TTKU2024-06-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第89期(2022/04/01-2023/03/31)

    ID S100R7F42023-06-28Open
  • EDINET (FSA Japan)

    有価証券報告書-第88期(令和3年4月1日-令和4年3月31日)

    ID S100OHQO2022-06-27Open
  • EDINET (FSA Japan)

    有価証券報告書-第87期(令和2年4月1日-令和3年3月31日)

    ID S100LQH12021-06-25Open

Extracted from XBRL: 47 / Derived from other figures: 2

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