Trade WorksTRADE WORKS Co., Ltd3997東証スタンダード情報・通信業FY ending Dec 2025, consolidated, J-GAAP
Out of every ¥100 of sales, about ¥5 is left as operating profit. Revenue changed +10.0% from the prior year, and it swung back to an operating profit.
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 | 7.4% | 1.22× | 9.1% | 1.23× | 11.1% |
| 2022 | 6.1% | 1.50× | 9.2% | 1.49× | 13.7% |
| 2023 | — | —× | -2.0% | —× | — |
| 2024 | — | —× | -5.1% | —× | — |
| 2025 | 1.1% | 1.46× | 1.6% | 2.20× | 3.6% |
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
| Item | FY ending Dec 2021 | FY ending Dec 2022 | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 |
|---|---|---|---|---|---|
| Revenue | 2,554 | 3,271 | 3,754 | 4,592 | 5,052 |
| Cost of revenue | 1,854 | 2,439 | 3,000 | 3,805 | 3,807 |
| Gross profit | 700 | 832 | 754 | 786 | 1,246 |
| SG&A | 412 | 514 | 722 | 841 | 986 |
| Operating income | 288 | 319 | 31 | -55 | 260 |
| Pretax income | 275 | 297 | -59 | -101 | 164 |
| Income tax | 85 | 97 | -6 | 51 | 107 |
| Net income attributable to owners | 190 | 200 | -53 | -152 | 57 |
| Operating margin | 11.3% | 9.7% | 0.8% | -1.2% | 5.1% |
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 Dec 2021 | FY ending Dec 2022 | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 |
|---|---|---|---|---|---|
| Cash and equivalents | ¥802.5M | ¥688.3M | ¥591M | ¥780.1M | ¥949.1M |
| Total assets | ¥2.1B | ¥2.18B | ¥3.04B | ¥2.9B | ¥4.02B |
| Net assets | ¥1.71B | ¥1.46B | ¥1.39B | ¥1.28B | ¥1.87B |
| Share capital | ¥311.4M | ¥312.1M | ¥312.1M | ¥312.4M | ¥582.3M |
| Property, plant and equipment | ¥87.6M | ¥77.9M | ¥275.9M | ¥259.7M | ¥391.6M |
| Intangible assets excluding goodwill | ¥229.4M | ¥269.1M | ¥403.1M | ¥399.5M | ¥847.7M |
| Goodwill | — | ¥121M | ¥336M | ¥281.9M | ¥306M |
| Investment securities | ¥91M | ¥273M | ¥221.5M | ¥233.9M | ¥455.9M |
| Current assets | ¥1.53B | ¥1.35B | ¥1.82B | ¥1.73B | ¥2.05B |
| Current liabilities | ¥311.9M | ¥539.3M | ¥1.05B | ¥1.12B | ¥1.39B |
| Short-term borrowings | — | — | ¥50M | ¥430M | ¥530M |
| Long-term borrowings | — | — | ¥418.1M | ¥305M | ¥380M |
| Total liabilities | ¥392.8M | ¥715.5M | ¥1.66B | ¥1.63B | ¥2.14B |
| Non-controlling interests | — | — | — | — | ¥13.5M |
| Equity attributable to owners of parent | ¥1.71B | ¥1.46B | ¥1.39B | ¥1.28B | ¥1.86B |
| Retained earnings | ¥1.1B | ¥1.05B | ¥938.2M | ¥664.5M | ¥659.2M |
| Treasury stock | -¥438K | -¥200.4M | -¥167.2M | -¥555K | -¥572K |
EDINET (FSA Japan)
訂正有価証券報告書－第28期(2025/01/01－2025/12/31)
EDINET (FSA Japan)
有価証券報告書－第27期(2024/01/01－2024/12/31)
EDINET (FSA Japan)
有価証券報告書－第26期(2023/01/01－2023/12/31)
EDINET (FSA Japan)
有価証券報告書－第25期(2022/01/01－2022/12/31)
EDINET (FSA Japan)
有価証券報告書－第24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23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
Spotted an error? Report it (corrections keep the original record)
Markdown with figures, units, periods and sources, ready to paste into ChatGPT or Claude.