Vizora日本語

TESS HoldingsTESS Holdings Co., Ltd.5074東証プライム建設業FY ending Jun 2026, consolidated, J-GAAP

TESS Holdings revenue and profit

Out of every ¥100 of sales, about ¥10 is left as operating profit. Revenue changed +39.6% from the prior year, operating profit +109.0%.

Five-year trend

Revenue¥51.2B
FY ending Jun 2022: ¥34.9B¥34.9BFY ending Jun 2023: ¥34.4B¥34.4BFY ending Jun 2024: ¥30.6B¥30.6BFY ending Jun 2025: ¥36.7B¥36.7BFY ending Jun 2026: ¥51.2B¥51.2BFY22FY23FY24FY25FY26
Operating income¥5.33B
FY ending Jun 2022: ¥5.15B¥5.15BFY ending Jun 2023: ¥6.86B¥6.86BFY ending Jun 2024: ¥2.37B¥2.37BFY ending Jun 2025: ¥2.55B¥2.55BFY ending Jun 2026: ¥5.33B¥5.33BFY22FY23FY24FY25FY26
Operating margin10.4%
FY ending Jun 2022: 14.7%14.7%FY ending Jun 2023: 19.9%19.9%FY ending Jun 2024: 7.7%7.7%FY ending Jun 2025: 6.9%6.9%FY ending Jun 2026: 10.4%10.4%FY22FY23FY24FY25FY26

What drives ROE

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

Net margin4.1%
Asset turnover0.32×
ROA1.3%
ROA1.3%
Financial leverage3.85×
ROE5.2%

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

Net margin4.1%
2022: 7.7%7.7%2023: 10.4%10.4%2024: 3.9%3.9%2025: 0.6%0.6%2026: 4.1%4.1%2223242526
Asset turnover0.32×
2022: 0.37×0.37×2023: 0.37×0.37×2024: 0.29×0.29×2025: 0.27×0.27×2026: 0.32×0.32×2223242526
ROA1.3%
2022: 2.9%2.9%2023: 3.8%3.8%2024: 1.1%1.1%2025: 0.2%0.2%2026: 1.3%1.3%2223242526
Financial leverage3.85×
2022: 3.74×3.74×2023: 3.54×3.54×2024: 3.08×3.08×2025: 3.33×3.33×2026: 3.85×3.85×2223242526
ROE5.2%
2022: 10.7%10.7%2023: 13.5%13.5%2024: 3.4%3.4%2025: 0.5%0.5%2026: 5.2%5.2%2223242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
20227.7%0.37×2.9%3.74×10.7%
202310.4%0.37×3.8%3.54×13.5%
20243.9%0.29×1.1%3.08×3.4%
20250.6%0.27×0.2%3.33×0.5%
20264.1%0.32×1.3%3.85×5.2%

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 ÷ revenue158.2%
2021: 118.8%118.8%2022: 117.9%117.9%2023: 148.3%148.3%2024: 199.5%199.5%2025: 214.6%214.6%2026: 158.2%158.2%212223242526
PPE ÷ total assets49.1%
2021: 40.4%40.4%2022: 43.7%43.7%2023: 54.2%54.2%2024: 51.3%51.3%2025: 52.1%52.1%2026: 49.1%49.1%212223242526
Goodwill ÷ parent equity1.2%
2022: 2.5%2.5%2023: 2.1%2.1%2024: 1.4%1.4%2025: 1.3%1.3%2026: 1.2%1.2%212223242526
Goodwill balance¥494M
2022: ¥624M¥624M2023: ¥591M¥591M2024: ¥559M¥559M2025: ¥526M¥526M2026: ¥494M¥494M212223242526

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¥358M
2021: ¥303M¥303M2022: ¥253M¥253M2023: ¥392M¥392M2024: ¥344M¥344M2025: ¥342M¥342M2026: ¥358M¥358M212223242526
R&D / revenue0.7%
2021: 0.9%0.9%2022: 0.7%0.7%2023: 1.1%1.1%2024: 1.1%1.1%2025: 0.9%0.9%2026: 0.7%0.7%212223242526
Receivable days—
2021: 34d34d212223242526
Payable days13d
2021: 11d11d2022: 12d12d2023: 12d12d2024: 17d17d2025: 11d11d2026: 13d13d212223242526

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 Jun 2022FY ending Jun 2023FY ending Jun 2024FY ending Jun 2025FY ending Jun 2026
Revenue34,94534,41530,64336,68451,217
Cost of revenue26,48923,80324,08929,23040,799
Gross profit8,45510,6116,5537,45310,417
SG&A3,3093,7464,1834,9055,091
Operating income5,1466,8642,3702,5485,326
Pretax income4,3105,3513,721513,708
Income tax1,5501,5572,394-2651,474
Net income attributable to owners2,6953,5921,1852042,123
Operating margin14.7%19.9%7.7%6.9%10.4%

Balance sheet (reported items)

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

Assets

8%
Property, plant and equipment 49%
Intangibles and goodwill 9%
1%
Other assets 33%

Funding

1%
Other liabilities 67%
Equity 32%

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

ItemFY ending Jun 2022FY ending Jun 2023FY ending Jun 2024FY ending Jun 2025FY ending Jun 2026
Cash and equivalents¥18.4B¥11B¥14.1B¥16.4B¥12.8B
Total assets¥94.3B¥94.1B¥119.1B¥151.3B¥164.9B
Net assets¥25.2B¥28.3B¥41.8B¥42.9B¥52.4B
Share capital¥17M¥26M¥6.76B¥6.76B¥6.81B
Property, plant and equipment¥41.2B¥51B¥61.1B¥78.7B¥81B
Intangible assets excluding goodwill¥7.09B¥7.93B¥7.62B¥15.2B¥15.1B
Goodwill¥624M¥591M¥559M¥526M¥494M
Investment securities¥579M¥421M¥381M¥971M¥987M
Current assets¥38.8B¥27.4B¥36B¥42B¥43.2B
Current liabilities¥21.6B¥19B¥23.2B¥30B¥34.4B
Trade payables¥844M¥761M¥1.13B¥894M¥1.5B
Short-term borrowings¥12.1B¥10.1B¥13.3B¥13.9B¥17.7B
Long-term borrowings¥42.9B¥41.4B¥45B¥66.5B¥62.1B
Total liabilities¥69B¥65.7B¥77.3B¥108.4B¥112.5B
Non-controlling interests¥32M¥91M¥283M¥296M¥300M
Equity attributable to owners of parent¥25.2B¥28.1B¥41.1B¥40.1B¥42B
Retained earnings¥11.6B¥14.4B¥14.7B¥13.8B¥15.5B
Treasury stock¥0¥0¥0¥0¥0

Sources

Show source documents (6)

  • EDINET (FSA Japan)

    有価証券報告書－第17期(2025/07/01－2026/06/30)

    ID S100Z42D2026-09-25Open

  • EDINET (FSA Japan)

    訂正有価証券報告書－第16期(2024/07/01－2025/06/30)

    ID S100XOS12026-03-04Open

  • EDINET (FSA Japan)

    有価証券報告書－第15期(2023/07/01－2024/06/30)

    ID S100UG462024-09-27Open

  • EDINET (FSA Japan)

    有価証券報告書－第14期(2022/07/01－2023/06/30)

    ID S100RXOA2023-09-28Open

  • EDINET (FSA Japan)

    訂正有価証券報告書－第13期(2021/07/01－2022/06/30)

    ID S100Q2GF2023-02-02Open

  • EDINET (FSA Japan)

    有価証券報告書－第12期(令和2年7月1日－令和3年6月30日)

    ID S100MI8W2021-09-29Open

Extracted from XBRL: 53 / Derived from other figures: 1

Spotted an error? Report it (corrections keep the original record)

Analyze this page with AI

Markdown with figures, units, periods and sources, ready to paste into ChatGPT or Claude.

Open MarkdownShare on XSave image