Vector HOLDINGSVector HOLDINGS Inc.2656東証スタンダード小売業FY ending Mar 2026, consolidated, J-GAAP

Vector HOLDINGS revenue and profit

It lost about ¥379 for every ¥100 of sales at the operating level. Revenue changed -3.5% from the prior year.

Five-year trend

Revenue¥156.5M
FY ending Mar 2022: ¥365.3M¥365.3MFY ending Mar 2023: ¥246.2M¥246.2MFY ending Mar 2024: ¥158.8M¥158.8MFY ending Mar 2025: ¥162.1M¥162.1MFY ending Mar 2026: ¥156.5M¥156.5MFY22FY23FY24FY25FY26
Operating income-¥593.1M
FY ending Mar 2022: -¥345.9M-¥345.9MFY ending Mar 2023: -¥354.3M-¥354.3MFY ending Mar 2024: -¥763.8M-¥763.8MFY ending Mar 2025: -¥574M-¥574MFY ending Mar 2026: -¥593.1M-¥593.1MFY22FY23FY24FY25FY26
Operating margin-379.0%
FY ending Mar 2022: -94.7%-94.7%FY ending Mar 2023: -143.9%-143.9%FY ending Mar 2024: -481.0%-481.0%FY ending Mar 2025: -354.1%-354.1%FY ending Mar 2026: -379.0%-379.0%FY22FY23FY24FY25FY26

What drives ROE

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

ROA-70.9%
2022: -35.3%-35.3%2023: -48.9%-48.9%2024: -82.3%-82.3%2025: -108.2%-108.2%2026: -70.9%-70.9%2223242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
2022——×-35.3%—×—
2023——×-48.9%—×—
2024——×-82.3%—×—
2025——×-108.2%—×—
2026——×-70.9%—×—

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 ÷ revenue101.6%
2024: 14.6%14.6%2025: 7.5%7.5%2026: 101.6%101.6%242526
PPE ÷ total assets13.3%
2024: 2.1%2.1%2025: 3.5%3.5%2026: 13.3%13.3%242526

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—
2024: ¥12.3M¥12.3M242526
R&D / revenue—
2024: 7.7%7.7%242526

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 Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Revenue365246159162156
Cost of revenue——34340
Gross profit——124128156
SG&A——888702749
Operating income-346-354-764-574-593
Pretax income-344-435-894-779-622
Income tax1111-73
Net income attributable to owners-345-436-895-780-550
Operating margin-94.7%-143.9%-481.0%-354.1%-379.0%

Balance sheet (reported items)

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

Assets

Cash 35%
Property, plant and equipment 13%
4%
Other assets 48%

Funding

Other liabilities 9%
Equity 91%

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

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Cash and equivalents¥783.6M¥521.7M¥19.7M¥80.4M¥423.5M
Total assets¥977M¥807.2M¥1.09B¥353.4M¥1.2B
Net assets¥693.9M¥606.7M¥917.1M¥237.2M¥1.09B
Share capital¥1.02B¥1.19B¥1.8B¥1.84B¥2.52B
Property, plant and equipment¥6.4M¥48.6M¥23.1M¥12.2M¥158.9M
Intangible assets excluding goodwill¥10.7M¥7.1M¥43.3M¥29.9M¥46.5M
Current assets¥944.9M¥607.1M¥892.7M¥282M¥898M
Current liabilities¥175.6M¥142.5M¥140M¥86M¥89.8M
Total liabilities¥283.1M¥200.5M¥170.7M¥116.2M¥110.6M
Equity attributable to owners of parent¥693.9M¥593.2M¥917.1M¥233.3M¥1.04B
Retained earnings-¥1.64B-¥2.07B-¥2.97B-¥3.75B-¥4.3B
Treasury stock-¥95M-¥95M-¥95M-¥95M-¥95M

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    有価証券報告書-第38期(2025/04/01-2026/03/31)

    ID S100YLWG2026-06-29Open
  • EDINET (FSA Japan)

    有価証券報告書-第37期(2024/04/01-2025/03/31)

    ID S100W9GQ2025-06-30Open
  • EDINET (FSA Japan)

    訂正有価証券報告書-第36期(2023/04/01-2024/03/31)

    ID S100TYTC2024-07-02Open
  • EDINET (FSA Japan)

    訂正有価証券報告書-第35期(2022/04/01-2023/03/31)

    ID S100S1UX2023-10-19Open
  • EDINET (FSA Japan)

    有価証券報告書-第34期(令和3年4月1日-令和4年3月31日)

    ID S100OD9Y2022-06-23Open
  • EDINET (FSA Japan)

    有価証券報告書-第33期(令和2年4月1日-令和3年3月31日)

    ID S100LKML2021-06-21Open

Extracted from XBRL: 42 / Derived from other figures: 1

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