Tsukada Global HoldingsTSUKADA GLOBAL HOLDINGS Inc.2418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 ¥13 is left as operating profit. Revenue changed +15.0% from the prior year, operating profit +28.8%.
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 | — | —× | -6.8% | —× | — |
| 2022 | 2.9% | 0.58× | 1.7% | 4.10× | 6.9% |
| 2023 | 8.2% | 0.64× | 5.2% | 3.69× | 19.3% |
| 2024 | 8.1% | 0.62× | 5.0% | 3.54× | 17.8% |
| 2025 | 6.5% | 0.58× | 3.8% | 3.78× | 14.3% |
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
| Item | FY ending Dec 2021 | FY ending Dec 2022 | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 |
|---|---|---|---|---|---|
| Revenue | 33,429 | 51,699 | 57,474 | 63,545 | 73,095 |
| Cost of revenue | 27,257 | 34,220 | 35,818 | 37,985 | 42,564 |
| Gross profit | 6,172 | 17,478 | 21,655 | 25,559 | 30,531 |
| SG&A | 12,563 | 14,502 | 16,314 | 18,151 | 20,991 |
| Operating income | -6,391 | 2,976 | 5,341 | 7,408 | 9,540 |
| Pretax income | -7,083 | 3,829 | 5,993 | 7,694 | 7,139 |
| Income tax | -944 | 2,330 | 1,266 | 2,598 | 2,583 |
| Net income attributable to owners | -6,137 | 1,498 | 4,730 | 5,147 | 4,768 |
| Operating margin | -19.1% | 5.8% | 9.3% | 11.7% | 13.1% |
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 | ¥16.5B | ¥21.1B | ¥18.9B | ¥21.1B | ¥27.9B |
| Total assets | ¥90.9B | ¥87.5B | ¥93.2B | ¥111.7B | ¥140.1B |
| Net assets | ¥20.6B | ¥23.1B | ¥27.4B | ¥34B | ¥39.8B |
| Share capital | ¥472M | ¥472M | ¥472M | ¥472M | ¥472M |
| Property, plant and equipment | ¥45.8B | ¥41.1B | ¥46.5B | ¥65.6B | ¥89.4B |
| Intangible assets excluding goodwill | ¥2.38B | ¥2.18B | ¥1.62B | ¥1.45B | ¥1.33B |
| Goodwill | ¥1.73B | ¥1.16B | ¥745M | ¥789M | ¥523M |
| Investment securities | ¥6.36B | ¥5.6B | ¥4.81B | ¥4.67B | ¥1.43B |
| Current assets | ¥20.8B | ¥24.6B | ¥25.2B | ¥26.3B | ¥34.1B |
| Current liabilities | ¥24.5B | ¥18.5B | ¥18.3B | ¥20.9B | ¥24.7B |
| Short-term borrowings | ¥500M | — | — | — | — |
| Long-term borrowings | ¥33.5B | ¥33.7B | ¥36.4B | ¥46.2B | ¥58.3B |
| Bonds | ¥5.39B | ¥5.7B | ¥4.71B | ¥4.01B | ¥7.71B |
| Interest-bearing debt | ¥39.4Bderived | — | — | — | — |
| Total liabilities | ¥70.3B | ¥64.4B | ¥65.7B | ¥77.7B | ¥100.3B |
| Non-controlling interests | ¥189M | ¥219M | ¥231M | ¥1.8B | ¥2.58B |
| Equity attributable to owners of parent | ¥21.1B | ¥22.4B | ¥26.6B | ¥31.3B | ¥35.3B |
| Retained earnings | ¥20.9B | ¥22.1B | ¥26.4B | ¥31.1B | ¥35.3B |
| Treasury stock | -¥892M | -¥892M | -¥892M | -¥892M | -¥1.09B |
EDINET (FSA Japan)
有価証券報告書－第31期(2025/01/01－2025/12/31)
EDINET (FSA Japan)
有価証券報告書－第30期(2024/01/01－2024/12/31)
EDINET (FSA Japan)
有価証券報告書－第29期(2023/01/01－2023/12/31)
EDINET (FSA Japan)
有価証券報告書－第28期(2022/01/01－2022/12/31)
EDINET (FSA Japan)
有価証券報告書－第27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26期(令和2年1月1日－令和2年12月31日)
Extracted from XBRL: 52 / Derived from other figures: 1
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