YASKAWA ElectricYASKAWA Electric Corporation6506東証プライム電気機器FY ending Feb 2026, consolidated, IFRS

YASKAWA Electric revenue and profit

Out of every ¥100 of sales, about ¥9 is left as operating profit. Revenue changed +0.8% from the prior year, operating profit -5.7%.

Five-year trend

Revenue¥542.1B
FY ending Feb 2022: ¥479.1B¥479.1BFY ending Feb 2023: ¥556B¥556BFY ending Feb 2024: ¥575.7B¥575.7BFY ending Feb 2025: ¥537.7B¥537.7BFY ending Feb 2026: ¥542.1B¥542.1BFY22FY23FY24FY25FY26
Operating income¥47.3B
FY ending Feb 2022: ¥52.9B¥52.9BFY ending Feb 2023: ¥68.3B¥68.3BFY ending Feb 2024: ¥66.2B¥66.2BFY ending Feb 2025: ¥50.2B¥50.2BFY ending Feb 2026: ¥47.3B¥47.3BFY22FY23FY24FY25FY26
Operating margin8.7%
FY ending Feb 2022: 11.0%11.0%FY ending Feb 2023: 12.3%12.3%FY ending Feb 2024: 11.5%11.5%FY ending Feb 2025: 9.3%9.3%FY ending Feb 2026: 8.7%8.7%FY22FY23FY24FY25FY26

What drives ROE

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

Net margin6.5%
Asset turnover0.70×
ROA4.5%
ROA4.5%
Financial leverage1.70×
ROE7.7%

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

Net margin6.5%
2022: 8.0%8.0%2023: 9.3%9.3%2024: 8.8%8.8%2025: 10.6%10.6%2026: 6.5%6.5%2223242526
Asset turnover0.70×
2022: 0.86×0.86×2023: 0.92×0.92×2024: 0.85×0.85×2025: 0.74×0.74×2026: 0.70×0.70×2223242526
ROA4.5%
2022: 6.9%6.9%2023: 8.5%8.5%2024: 7.5%7.5%2025: 7.9%7.9%2026: 4.5%4.5%2223242526
Financial leverage1.70×
2022: 1.92×1.92×2023: 1.90×1.90×2024: 1.81×1.81×2025: 1.74×1.74×2026: 1.70×1.70×2223242526
ROE7.7%
2022: 13.2%13.2%2023: 16.2%16.2%2024: 13.6%13.6%2025: 13.7%13.7%2026: 7.7%7.7%2223242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
20228.0%0.86×6.9%1.92×13.2%
20239.3%0.92×8.5%1.90×16.2%
20248.8%0.85×7.5%1.81×13.6%
202510.6%0.74×7.9%1.74×13.7%
20266.5%0.70×4.5%1.70×7.7%

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 ÷ revenue30.2%
2021: 22.2%22.2%2022: 19.5%19.5%2023: 18.0%18.0%2024: 20.1%20.1%2025: 24.0%24.0%2026: 30.2%30.2%212223242526
PPE ÷ total assets20.2%
2021: 17.7%17.7%2022: 16.7%16.7%2023: 15.4%15.4%2024: 16.5%16.5%2025: 17.4%17.4%2026: 20.2%20.2%212223242526
Goodwill ÷ parent equity1.5%
2021: 2.7%2.7%2022: 2.5%2.5%2023: 2.2%2.2%2024: 1.8%1.8%2025: 1.7%1.7%2026: 1.5%1.5%212223242526
Goodwill balance¥7.41B
2021: ¥6.6B¥6.6B2022: ¥7.34B¥7.34B2023: ¥7.56B¥7.56B2024: ¥7.27B¥7.27B2025: ¥7.14B¥7.14B2026: ¥7.41B¥7.41B212223242526

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¥24B
2021: ¥17.9B¥17.9B2022: ¥18.2B¥18.2B2023: ¥18.8B¥18.8B2024: ¥21.2B¥21.2B2025: ¥23.8B¥23.8B2026: ¥24B¥24B212223242526
R&D / revenue4.4%
2021: 4.6%4.6%2022: 3.8%3.8%2023: 3.4%3.4%2024: 3.7%3.7%2025: 4.4%4.4%2026: 4.4%4.4%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 Feb 2022FY ending Feb 2023FY ending Feb 2024FY ending Feb 2025FY ending Feb 2026
Revenue479,082555,955575,658537,682542,122
Cost of revenue310,437363,948366,557346,201350,885
Gross profit168,644192,006209,100191,481191,236
SG&A116,507132,552143,927142,193145,905
Operating income52,86068,30166,22550,15647,307
Pretax income55,37871,13469,07878,45449,563
Income tax16,61018,36917,47720,75812,981
Net income attributable to owners38,35451,78350,68756,98735,240
Operating margin11.0%12.3%11.5%9.3%8.7%

Balance sheet (reported items)

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

Assets

8%
Property, plant and equipment 20%
1%
Other assets 71%

Funding

Other liabilities 39%
Equity 61%
0%

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

ItemFY ending Feb 2022FY ending Feb 2023FY ending Feb 2024FY ending Feb 2025FY ending Feb 2026
Cash and equivalents¥55.2B¥42.3B¥40.3B¥59B¥61.2B
Total assets¥559B¥653.1B¥702.3B¥743.8B¥812.4B
Net assets¥298.1B¥355.1B¥408B¥439.6B¥493.6B
Share capital¥30.6B¥30.6B¥30.6B¥30.6B¥30.6B
Property, plant and equipment¥93.6B¥100.3B¥115.7B¥129.1B¥164B
Goodwill¥7.34B¥7.56B¥7.27B¥7.14B¥7.41B
Current assets¥362.4B¥430.9B¥456.1B¥462.8B¥471.5B
Total liabilities¥260.9B¥298.1B¥294.3B¥304.2B¥318.7B
Equity attributable to owners of parent¥291.2B¥347.5B¥399.3B¥431.2B¥483.5B
Retained earnings¥232.5B¥271.3B¥305.1B¥348B¥369.3B
Treasury stock-¥22B-¥22B-¥22.5B-¥31.7B-¥31.6B

Sources

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

    有価証券報告書-第110期(2025/03/01-2026/02/28)

    ID S100Y69H2026-05-25Open
  • EDINET (FSA Japan)

    有価証券報告書-第109期(2024/03/01-2025/02/28)

    ID S100VUHZ2025-05-29Open
  • EDINET (FSA Japan)

    有価証券報告書-第108期(2023/03/01-2024/02/29)

    ID S100TJ0G2024-05-30Open
  • EDINET (FSA Japan)

    有価証券報告書-第107期(2022/03/01-2023/02/28)

    ID S100QTSR2023-05-25Open
  • EDINET (FSA Japan)

    有価証券報告書-第106期(令和3年3月1日-令和4年2月28日)

    ID S100O4U12022-05-27Open
  • EDINET (FSA Japan)

    有価証券報告書-第105期(令和2年3月1日-令和3年2月28日)

    ID S100LETR2021-05-27Open

Extracted from XBRL: 45 / Derived from other figures: 1

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