WacomWacom Co.,Ltd.6727東証プライム電気機器FY ending Mar 2026, consolidated, J-GAAP

Wacom revenue and profit

Out of every ¥100 of sales, about ¥12 is left as operating profit. Revenue changed -4.9% from the prior year, operating profit +31.1%.

Five-year trend

Revenue¥110B
FY ending Mar 2022: ¥108.8B¥108.8BFY ending Mar 2023: ¥112.7B¥112.7BFY ending Mar 2024: ¥118.8B¥118.8BFY ending Mar 2025: ¥115.7B¥115.7BFY ending Mar 2026: ¥110B¥110BFY22FY23FY24FY25FY26
Operating income¥13.4B
FY ending Mar 2022: ¥13B¥13BFY ending Mar 2023: ¥2.01B¥2.01BFY ending Mar 2024: ¥7.06B¥7.06BFY ending Mar 2025: ¥10.2B¥10.2BFY ending Mar 2026: ¥13.4B¥13.4BFY22FY23FY24FY25FY26
Operating margin12.2%
FY ending Mar 2022: 12.0%12.0%FY ending Mar 2023: 1.8%1.8%FY ending Mar 2024: 5.9%5.9%FY ending Mar 2025: 8.8%8.8%FY ending Mar 2026: 12.2%12.2%FY22FY23FY24FY25FY26

What drives ROE

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

Net margin8.7%
Asset turnover1.62×
ROA14.1%
ROA14.1%
Financial leverage2.20×
ROE31.0%

Denominators: average assets and average equity. Derived from reported values; ROE is shown only for positive profit and equity.

Net margin8.7%
2022: 10.1%10.1%2023: 1.6%1.6%2024: 3.8%3.8%2025: 4.5%4.5%2026: 8.7%8.7%2223242526
Asset turnover1.62×
2022: 1.48×1.48×2023: 1.52×1.52×2024: 1.53×1.53×2025: 1.54×1.54×2026: 1.62×1.62×2223242526
ROA14.1%
2022: 14.9%14.9%2023: 2.4%2.4%2024: 5.9%5.9%2025: 6.9%6.9%2026: 14.1%14.1%2223242526
Financial leverage2.20×
2022: 1.71×1.71×2023: 1.81×1.81×2024: 2.13×2.13×2025: 2.44×2.44×2026: 2.20×2.20×2223242526
ROE31.0%
2022: 25.6%25.6%2023: 4.4%4.4%2024: 12.5%12.5%2025: 17.0%17.0%2026: 31.0%31.0%2223242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
202210.1%1.48×14.9%1.71×25.6%
20231.6%1.52×2.4%1.81×4.4%
20243.8%1.53×5.9%2.13×12.5%
20254.5%1.54×6.9%2.44×17.0%
20268.7%1.62×14.1%2.20×31.0%

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 ÷ revenue5.0%
2021: 4.5%4.5%2022: 5.0%5.0%2023: 5.5%5.5%2024: 4.8%4.8%2025: 3.8%3.8%2026: 5.0%5.0%212223242526
PPE ÷ total assets8.5%
2021: 6.9%6.9%2022: 7.4%7.4%2023: 8.2%8.2%2024: 7.2%7.2%2025: 6.2%6.2%2026: 8.5%8.5%212223242526
Goodwill ÷ parent equity4.9%
2026: 4.9%4.9%212223242526
Goodwill balance¥1.64B
2026: ¥1.64B¥1.64B212223242526

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¥8.32B
2021: ¥4.66B¥4.66B2022: ¥5.48B¥5.48B2023: ¥6.68B¥6.68B2024: ¥7.68B¥7.68B2025: ¥8.69B¥8.69B2026: ¥8.32B¥8.32B212223242526
R&D / revenue7.6%
2021: 4.3%4.3%2022: 5.0%5.0%2023: 5.9%5.9%2024: 6.5%6.5%2025: 7.5%7.5%2026: 7.6%7.6%212223242526

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
Revenue108,790112,730118,795115,680109,995
Cost of revenue69,18081,55682,02875,53568,663
Gross profit39,61031,17336,76740,14541,332
SG&A26,58629,16029,70929,93527,950
Operating income13,0242,0137,05810,20913,382
Pretax income14,5612,1935,9126,86912,806
Income tax3,6064001,3501,6453,257
Net income attributable to owners10,9551,7924,5625,2249,548
Operating margin12.0%1.8%5.9%8.8%12.2%

Balance sheet (reported items)

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

Assets

Cash 25%
Property, plant and equipment 9%
7%
6%
Other assets 53%

Funding

Other liabilities 42%
Equity 58%

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¥21.8B¥20B¥31.7B¥24.4B¥16.5B
Total assets¥73.3B¥75.3B¥79.6B¥70.8B¥65B
Net assets¥43.5B¥40.5B¥36B¥30.9B¥37.4B
Share capital¥4.2B¥4.2B¥4.2B¥4.2B¥4.2B
Property, plant and equipment¥5.4B¥6.21B¥5.72B¥4.37B¥5.52B
Intangible assets excluding goodwill¥1.45B¥1.5B¥1.53B¥1.33B¥2.91B
Goodwill————¥1.64B
Investment securities¥233.8M¥1.26B¥1.61B¥3.17B¥3.82B
Current assets¥62.3B¥60.2B¥64.7B¥56.5B¥47.4B
Current liabilities¥25.7B¥30B¥33.9B¥31B¥24.1B
Short-term borrowings—¥7B¥5B¥5B¥662M
Long-term borrowings¥2B¥2B¥7B¥7B¥1.45B
Total liabilities¥29.8B¥34.8B¥43.7B¥39.9B¥27.5B
Non-controlling interests————¥0
Equity attributable to owners of parent¥42.8B¥39.4B¥33.4B¥28.2B¥33.4B
Retained earnings¥37.3B¥32.3B¥29.7B¥27.9B¥25.4B
Treasury stock-¥4.85B-¥1.18B-¥4.58B-¥7.96B-¥311M

Sources

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

    有価証券報告書-第43期(2025/04/01-2026/03/31)

    ID S100YHU22026-06-24Open
  • EDINET (FSA Japan)

    有価証券報告書-第42期(2024/04/01-2025/03/31)

    ID S100W3Z72025-06-25Open
  • EDINET (FSA Japan)

    有価証券報告書-第41期(2023/04/01-2024/03/31)

    ID S100TU4A2024-06-27Open
  • EDINET (FSA Japan)

    訂正有価証券報告書-第40期(2022/04/01-2023/03/31)

    ID S100RGG62023-07-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第39期(令和3年4月1日-令和4年3月31日)

    ID S100OIXF2022-06-29Open
  • EDINET (FSA Japan)

    有価証券報告書-第38期(令和2年4月1日-令和3年3月31日)

    ID S100LU9J2021-06-30Open

Extracted from XBRL: 51 / Derived from other figures: 1

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