Thermae-Yu HoldingsTHERMAE-YU HOLDINGS CO.,LTD.3521東証スタンダード不動産業FY ending Mar 2026, consolidated, J-GAAP
Out of every ¥100 of sales, about ¥11 is left as operating profit. Revenue changed +36.0% from the prior year, operating profit -10.2%.
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 |
|---|---|---|---|---|---|
| 2022 | — | —× | -0.4% | —× | — |
| 2023 | 3.6% | 0.23× | 0.8% | 1.33× | 1.1% |
| 2024 | 5.1% | 0.31× | 1.6% | 1.30× | 2.1% |
| 2025 | 9.7% | 0.33× | 3.2% | 1.26× | 4.0% |
| 2026 | 5.9% | 0.45× | 2.7% | 1.23× | 3.3% |
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 Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
|---|---|---|---|---|---|
| Revenue | 751 | 1,408 | 1,893 | 1,981 | 2,694 |
| Cost of revenue | 697 | 1,211 | 1,555 | 1,471 | 2,106 |
| Gross profit | 54 | 196 | 338 | 509 | 589 |
| SG&A | 170 | 197 | 150 | 168 | 282 |
| Operating income | -115 | -0 | 189 | 341 | 307 |
| Pretax income | 23 | 162 | 183 | 340 | 285 |
| Income tax | 45 | 111 | 87 | 148 | 125 |
| Net income attributable to owners | -22 | 51 | 96 | 192 | 160 |
| Operating margin | -15.4% | -0.0% | 10.0% | 17.2% | 11.4% |
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 Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
|---|---|---|---|---|---|
| Cash and equivalents | ¥1.93B | ¥1.01B | ¥1.23B | ¥1.5B | ¥1.29B |
| Total assets | ¥6.1B | ¥6.11B | ¥6.01B | ¥6.09B | ¥6B |
| Net assets | ¥4.58B | ¥4.63B | ¥4.73B | ¥4.92B | ¥4.97B |
| Share capital | ¥543.9M | ¥100M | ¥100M | ¥100M | ¥100M |
| Property, plant and equipment | ¥3.86B | ¥4.65B | ¥4.41B | ¥4.23B | ¥4.02B |
| Intangible assets excluding goodwill | ¥87M | ¥85M | ¥89.1M | ¥89.2M | ¥275.7M |
| Goodwill | — | — | — | — | ¥187M |
| Investment securities | ¥600K | ¥600K | ¥600K | ¥600K | ¥600K |
| Current assets | ¥1.98B | ¥1.2B | ¥1.34B | ¥1.61B | ¥1.53B |
| Current liabilities | ¥278.3M | ¥483.1M | ¥492.7M | ¥475.2M | ¥501.1M |
| Long-term borrowings | ¥939.8M | ¥788.8M | ¥600.7M | ¥405.3M | ¥245.3M |
| Total liabilities | ¥1.52B | ¥1.48B | ¥1.28B | ¥1.17B | ¥1.03B |
| Equity attributable to owners of parent | ¥4.56B | ¥4.61B | ¥4.71B | ¥4.9B | ¥4.93B |
| Retained earnings | ¥229.6M | ¥280.6M | ¥376.8M | ¥568.4M | ¥596.4M |
| Treasury stock | -¥2.2M | -¥2.2M | -¥2.8M | -¥3.1M | -¥3.5M |
EDINET (FSA Japan)
有価証券報告書－第146期(2025/04/01－2026/03/31)
EDINET (FSA Japan)
有価証券報告書－第145期(2024/04/01－2025/03/31)
EDINET (FSA Japan)
有価証券報告書－第144期(2023/04/01－2024/03/31)
EDINET (FSA Japan)
有価証券報告書－第143期(2022/04/01－2023/03/31)
EDINET (FSA Japan)
有価証券報告書－第142期(令和3年4月1日－令和4年3月31日)
EDINET (FSA Japan)
有価証券報告書－第141期(令和2年4月1日－令和3年3月31日)
Extracted from XBRL: 50 / Derived from other figures: 1
Spotted an error? Report it (corrections keep the original record)
Markdown with figures, units, periods and sources, ready to paste into ChatGPT or Claude.