Toho HoldingsTOHO HOLDINGS CO.,LTD.8129東証プライム卸売業FY ending Mar 2026, consolidated, J-GAAP
Out of every ¥100 of sales, about ¥1 is left as operating profit. Revenue changed +2.3% from the prior year, operating profit -12.3%.
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 |
|---|---|---|---|---|---|
| 2022 | 1.1% | 1.80× | 1.9% | 3.13× | 6.0% |
| 2023 | 1.0% | 1.96× | 1.9% | 3.13× | 6.0% |
| 2024 | 1.4% | 1.98× | 2.8% | 3.22× | 8.9% |
| 2025 | 1.3% | 2.03× | 2.7% | 3.11× | 8.3% |
| 2026 | 1.1% | 2.12× | 2.4% | 2.90× | 6.9% |
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 | 1,266,171 | 1,392,117 | 1,476,712 | 1,518,495 | 1,553,364 |
| Cost of revenue | 1,157,484 | 1,277,750 | 1,357,564 | 1,396,847 | 1,430,947 |
| Gross profit | 108,687 | 114,366 | 119,148 | 121,648 | 122,416 |
| SG&A | 96,159 | 98,000 | 99,817 | 102,711 | 105,815 |
| Operating income | 12,527 | 16,365 | 19,331 | 18,936 | 16,601 |
| Pretax income | 20,110 | 20,420 | 30,783 | 28,056 | 26,141 |
| Income tax | 6,695 | 6,769 | 10,113 | 8,199 | 8,802 |
| Net income attributable to owners | 13,379 | 13,630 | 20,657 | 19,844 | 17,327 |
| Operating margin | 1.0% | 1.2% | 1.3% | 1.2% | 1.1% |
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 | ¥90B | ¥81.8B | ¥128.7B | ¥78.2B | ¥83.3B |
| Total assets | ¥702.4B | ¥715.3B | ¥773.4B | ¥722.8B | ¥740.8B |
| Net assets | ¥241.3B | ¥242.9B | ¥249.4B | ¥256.9B | ¥271.6B |
| Share capital | ¥10.6B | ¥10.6B | ¥10.6B | ¥10.6B | ¥10.6B |
| Property, plant and equipment | ¥94.7B | ¥90.3B | ¥87.5B | ¥86.8B | ¥89.1B |
| Intangible assets excluding goodwill | ¥5.18B | ¥5.38B | ¥5.64B | ¥6.09B | ¥8.08B |
| Goodwill | ¥733M | ¥514M | ¥297M | ¥193M | ¥89M |
| Investment securities | ¥78.7B | ¥72.6B | ¥70.2B | ¥64.1B | ¥59.3B |
| Current assets | ¥513.1B | ¥533.5B | ¥597.9B | ¥548.9B | ¥571B |
| Current liabilities | ¥402.8B | ¥440.2B | ¥471.3B | ¥424B | ¥441.9B |
| Trade payables | ¥370B | ¥385.1B | ¥438.1B | ¥397.7B | ¥414.2B |
| Short-term borrowings | ¥247M | ¥163M | ¥139M | ¥122M | ¥80M |
| Long-term borrowings | ¥12.6B | ¥6.47B | ¥6.07B | ¥4.48B | ¥5.28B |
| Bonds | ¥20B | — | ¥22.1B | ¥13.1B | ¥1.75B |
| Interest-bearing debt | ¥32.9Bderived | — | ¥28.3Bderived | ¥17.7Bderived | ¥7.12Bderived |
| Total liabilities | ¥461.1B | ¥472.4B | ¥524B | ¥465.9B | ¥469.2B |
| Non-controlling interests | ¥199M | ¥92M | ¥104M | ¥116M | ¥126M |
| Equity attributable to owners of parent | ¥224.4B | ¥228.2B | ¥234.7B | ¥246B | ¥259.5B |
| Retained earnings | ¥180.3B | ¥191.5B | ¥209.7B | ¥218.9B | ¥230.4B |
| Treasury stock | -¥15.7B | -¥23.1B | -¥30.9B | -¥28.8B | -¥26.8B |
EDINET (FSA Japan)
有価証券報告書－第78期(2025/04/01－2026/03/31)
EDINET (FSA Japan)
有価証券報告書－第77期(2024/04/01－2025/03/31)
EDINET (FSA Japan)
有価証券報告書－第76期(2023/04/01－2024/03/31)
EDINET (FSA Japan)
有価証券報告書－第75期(2022/04/01－2023/03/31)
EDINET (FSA Japan)
有価証券報告書－第74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73期(令和2年4月1日－令和3年3月31日)
Extracted from XBRL: 56 / Derived from other figures: 2
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