WillWILL,Co.,Ltd.3241東証スタンダード不動産業FY ending Dec 2025, consolidated, J-GAAP
Out of every ¥100 of sales, about ¥9 is left as operating profit. Revenue changed +12.6% from the prior year, operating profit +18.5%.
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 | 6.6% | 0.71× | 4.7% | 3.35× | 15.9% |
| 2022 | 6.3% | 0.74× | 4.6% | 3.33× | 15.4% |
| 2023 | 4.5% | 0.83× | 3.7% | 3.27× | 12.3% |
| 2024 | 5.4% | 0.89× | 4.8% | 3.16× | 15.1% |
| 2025 | 4.5% | 0.93× | 4.2% | 3.07× | 12.8% |
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 Dec 2021 | FY ending Dec 2022 | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 |
|---|---|---|---|---|---|
| Revenue | 8,681 | 9,469 | 11,552 | 13,213 | 14,880 |
| Cost of revenue | 7,136 | 7,862 | 9,739 | 11,092 | 12,435 |
| Gross profit | 1,545 | 1,607 | 1,812 | 2,120 | 2,445 |
| SG&A | 707 | 688 | 814 | 1,000 | 1,118 |
| Operating income | 837 | 919 | 998 | 1,120 | 1,327 |
| Pretax income | 876 | 867 | 730 | 1,019 | 982 |
| Income tax | 298 | 272 | 208 | 309 | 317 |
| Net income attributable to owners | 577 | 594 | 521 | 710 | 664 |
| Operating margin | 9.6% | 9.7% | 8.6% | 8.5% | 8.9% |
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 | ¥1.87B | ¥1.64B | ¥2.82B | ¥2.32B | ¥1.82B |
| Total assets | ¥12.2B | ¥13.4B | ¥14.4B | ¥15.3B | ¥16.5B |
| Net assets | ¥3.66B | ¥4.09B | ¥4.45B | ¥4.96B | ¥5.41B |
| Share capital | ¥277M | ¥284M | ¥297M | ¥322M | ¥322M |
| Trade receivables | ¥478M | — | — | — | — |
| Property, plant and equipment | ¥4.85B | ¥5.09B | ¥5B | ¥5.04B | ¥4.7B |
| Intangible assets excluding goodwill | ¥52M | ¥50M | ¥45M | ¥33M | ¥33M |
| Goodwill | ¥31M | ¥22M | ¥13M | ¥4M | — |
| Current assets | ¥6.92B | ¥7.87B | ¥8.82B | ¥9.66B | ¥11B |
| Current liabilities | ¥4.87B | ¥4.58B | ¥4.11B | ¥6.63B | ¥7.04B |
| Trade payables | ¥366M | ¥451M | ¥438M | ¥423M | ¥559M |
| Short-term borrowings | ¥2.86B | ¥2.4B | ¥1.4B | ¥2.91B | ¥3.75B |
| Long-term borrowings | ¥2.95B | ¥3.77B | ¥3.93B | ¥2.41B | ¥2.88B |
| Bonds | ¥582M | ¥887M | ¥1.79B | ¥1.24B | ¥1.08B |
| Interest-bearing debt | ¥6.39Bderived | ¥7.05Bderived | ¥7.12Bderived | ¥6.55Bderived | ¥7.72Bderived |
| Total liabilities | ¥8.49B | ¥9.34B | ¥9.94B | ¥10.4B | ¥11.1B |
| Equity attributable to owners of parent | ¥3.63B | ¥4.06B | ¥4.43B | ¥4.96B | ¥5.41B |
| Retained earnings | ¥3.15B | ¥3.57B | ¥3.92B | ¥4.4B | ¥4.84B |
| Treasury stock | ¥0 | ¥0 | ¥0 | ¥0 | ¥0 |
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: 49 / Derived from other figures: 2
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