Watanabe SatoWATANABE SATO CO., LTD.1807東証スタンダード建設業FY ending Mar 2026, consolidated, J-GAAP
Out of every ¥100 of sales, about ¥3 is left as operating profit. Revenue changed -16.6% from the prior year, operating profit -9.1%.
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 | 4.6% | 1.15× | 5.3% | 1.90× | 10.1% |
| 2023 | 1.3% | 1.07× | 1.4% | 1.89× | 2.6% |
| 2024 | 3.1% | 1.14× | 3.6% | 1.89× | 6.8% |
| 2025 | 2.2% | 1.15× | 2.5% | 1.91× | 4.8% |
| 2026 | 2.6% | 0.99× | 2.6% | 1.81× | 4.7% |
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 | 37,452 | 34,657 | 38,400 | 40,423 | 33,705 |
| Cost of revenue | 32,894 | 31,892 | 34,344 | 36,884 | 30,175 |
| Gross profit | 4,558 | 2,765 | 4,056 | 3,539 | 3,530 |
| SG&A | 2,068 | 2,149 | 2,405 | 2,362 | 2,460 |
| Operating income | 2,490 | 616 | 1,651 | 1,177 | 1,070 |
| Pretax income | 2,533 | 730 | 1,779 | 1,320 | 1,358 |
| Income tax | 802 | 282 | 574 | 425 | 456 |
| Net income attributable to owners | 1,728 | 447 | 1,203 | 892 | 883 |
| Operating margin | 6.6% | 1.8% | 4.3% | 2.9% | 3.2% |
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 | ¥6B | ¥4.8B | ¥7.62B | ¥5.03B | ¥6.39B |
| Total assets | ¥32.6B | ¥32.3B | ¥35.1B | ¥35.4B | ¥32.7B |
| Net assets | ¥19.1B | ¥19.4B | ¥21.1B | ¥21.4B | ¥22.9B |
| Share capital | ¥1.75B | ¥1.75B | ¥1.75B | ¥1.75B | ¥1.75B |
| Property, plant and equipment | ¥9.98B | ¥10B | ¥9.8B | ¥9.81B | ¥9.51B |
| Intangible assets excluding goodwill | ¥83.1M | ¥430.6M | ¥347.1M | ¥271.6M | ¥188.2M |
| Goodwill | — | ¥191.9M | ¥153.5M | ¥115.1M | ¥76.8M |
| Investment securities | ¥2.35B | ¥2.69B | ¥3.47B | ¥3.9B | ¥5.07B |
| Current assets | ¥19.3B | ¥18.3B | ¥20.9B | ¥21B | ¥17.8B |
| Current liabilities | ¥10B | ¥9.15B | ¥10.6B | ¥10.7B | ¥6.99B |
| Short-term borrowings | — | — | — | ¥2.8B | — |
| Long-term borrowings | ¥89.9M | ¥40.9M | — | — | — |
| Total liabilities | ¥13.5B | ¥12.9B | ¥14B | ¥14B | ¥9.75B |
| Non-controlling interests | ¥76.6M | ¥78.7M | ¥80.3M | ¥84M | ¥102.5M |
| Equity attributable to owners of parent | ¥17.2B | ¥17.3B | ¥18.4B | ¥18.6B | ¥19B |
| Retained earnings | ¥14.9B | ¥15B | ¥15.9B | ¥16.1B | ¥16.5B |
| Treasury stock | -¥455.8M | -¥424.2M | -¥249.4M | -¥229.2M | -¥207.4M |
EDINET (FSA Japan)
有価証券報告書－第95期(2025/04/01－2026/03/31)
EDINET (FSA Japan)
有価証券報告書－第94期(2024/04/01－2025/03/31)
EDINET (FSA Japan)
訂正有価証券報告書－第93期(2023/04/01－2024/03/31)
EDINET (FSA Japan)
訂正有価証券報告書－第92期(2022/04/01－2023/03/31)
EDINET (FSA Japan)
有価証券報告書－第91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90期(令和2年4月1日－令和3年3月31日)
Extracted from XBRL: 50 / Derived from other figures: 1
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