teno.Holdingsteno.Holdings Company Limited7037東証スタンダードサービス業FY ending Dec 2025, consolidated, J-GAAP
Out of every ¥100 of sales, about ¥3 is left as operating profit. Revenue changed +13.2% from the prior year, operating profit +225.3%.
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 | 2.1% | 1.57× | 3.2% | 3.13× | 10.2% |
| 2022 | — | —× | -0.3% | —× | — |
| 2023 | 0.7% | 1.54× | 1.1% | 4.26× | 4.5% |
| 2024 | — | —× | -4.8% | —× | — |
| 2025 | 0.6% | 1.80× | 1.1% | 5.70× | 6.2% |
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 | 11,454 | 12,128 | 14,557 | 16,017 | 18,129 |
| Cost of revenue | 9,652 | 10,384 | 12,375 | 13,630 | 15,155 |
| Gross profit | 1,801 | 1,744 | 2,181 | 2,387 | 2,973 |
| SG&A | 1,334 | 1,589 | 1,994 | 2,193 | 2,342 |
| Operating income | 467 | 154 | 187 | 194 | 631 |
| Pretax income | 397 | 146 | 191 | -251 | 404 |
| Income tax | 160 | 174 | 91 | 214 | 294 |
| Net income attributable to owners | 237 | -27 | 100 | -466 | 110 |
| Operating margin | 4.1% | 1.3% | 1.3% | 1.2% | 3.5% |
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 | ¥1.75B | ¥2.11B | ¥1.86B | ¥2.1B | ¥2.4B |
| Total assets | ¥7.29B | ¥9.32B | ¥9.53B | ¥9.76B | ¥10.4B |
| Net assets | ¥2.33B | ¥2.18B | ¥2.24B | ¥1.74B | ¥1.8B |
| Share capital | ¥453M | ¥453M | ¥455M | ¥455M | ¥455M |
| Inventories | — | ¥67M | ¥66M | ¥67M | ¥71M |
| Property, plant and equipment | ¥1.68B | ¥1.73B | ¥1.71B | ¥1.85B | ¥2.15B |
| Intangible assets excluding goodwill | ¥819M | ¥1.86B | ¥1.92B | ¥1.84B | ¥1.6B |
| Goodwill | ¥649M | ¥1.64B | ¥1.67B | ¥1.51B | ¥1.31B |
| Investment securities | ¥10M | ¥10M | ¥10M | ¥10M | ¥10M |
| Current assets | ¥3.21B | ¥3.99B | ¥4.09B | ¥4.44B | ¥4.96B |
| Current liabilities | ¥2.43B | ¥3.74B | ¥4.14B | ¥4.95B | ¥5.26B |
| Short-term borrowings | ¥550M | ¥1.14B | ¥1.34B | ¥1.95B | ¥1.86B |
| Long-term borrowings | ¥2.39B | ¥3.14B | ¥2.85B | ¥2.77B | ¥3.06B |
| Total liabilities | ¥4.96B | ¥7.14B | ¥7.29B | ¥8.02B | ¥8.63B |
| Equity attributable to owners of parent | ¥2.33B | ¥2.18B | ¥2.24B | ¥1.74B | ¥1.8B |
| Retained earnings | ¥1.35B | ¥1.28B | ¥1.34B | ¥832M | ¥1.05B |
| Treasury stock | ¥0 | -¥84M | -¥84M | -¥84M | -¥84M |
EDINET (FSA Japan)
有価証券報告書－第11期(2025/01/01－2025/12/31)
EDINET (FSA Japan)
有価証券報告書－第10期(2024/01/01－2024/12/31)
EDINET (FSA Japan)
有価証券報告書－第9期(2023/01/01－2023/12/31)
EDINET (FSA Japan)
有価証券報告書－第8期(2022/01/01－2022/12/31)
EDINET (FSA Japan)
有価証券報告書－第7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6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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