Yokogawa Bridge HoldingsYokogawa Bridge Holdings Corp.5911東証プライム金属製品FY ending Mar 2026, consolidated, J-GAAP

Yokogawa Bridge Holdings revenue and profit

Out of every ¥100 of sales, about ¥9 is left as operating profit. Revenue changed -9.7% from the prior year, operating profit -19.1%.

Five-year trend

Revenue¥143.9B
FY ending Mar 2022: ¥136.9B¥136.9BFY ending Mar 2023: ¥165B¥165BFY ending Mar 2024: ¥164.1B¥164.1BFY ending Mar 2025: ¥159.4B¥159.4BFY ending Mar 2026: ¥143.9B¥143.9BFY22FY23FY24FY25FY26
Operating income¥13.5B
FY ending Mar 2022: ¥14.8B¥14.8BFY ending Mar 2023: ¥15.2B¥15.2BFY ending Mar 2024: ¥15.9B¥15.9BFY ending Mar 2025: ¥16.7B¥16.7BFY ending Mar 2026: ¥13.5B¥13.5BFY22FY23FY24FY25FY26
Operating margin9.4%
FY ending Mar 2022: 10.8%10.8%FY ending Mar 2023: 9.2%9.2%FY ending Mar 2024: 9.7%9.7%FY ending Mar 2025: 10.5%10.5%FY ending Mar 2026: 9.4%9.4%FY22FY23FY24FY25FY26

What drives ROE

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

Net margin6.0%
Asset turnover0.61×
ROA3.7%
ROA3.7%
Financial leverage1.87×
ROE6.9%

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

Net margin6.0%
2022: 8.1%8.1%2023: 6.8%6.8%2024: 7.2%7.2%2025: 8.1%8.1%2026: 6.0%6.0%2223242526
Asset turnover0.61×
2022: 0.79×0.79×2023: 0.90×0.90×2024: 0.81×0.81×2025: 0.75×0.75×2026: 0.61×0.61×2223242526
ROA3.7%
2022: 6.4%6.4%2023: 6.1%6.1%2024: 5.8%5.8%2025: 6.0%6.0%2026: 3.7%3.7%2223242526
Financial leverage1.87×
2022: 1.67×1.67×2023: 1.72×1.72×2024: 1.77×1.77×2025: 1.76×1.76×2026: 1.87×1.87×2223242526
ROE6.9%
2022: 10.7%10.7%2023: 10.5%10.5%2024: 10.4%10.4%2025: 10.6%10.6%2026: 6.9%6.9%2223242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
20228.1%0.79×6.4%1.67×10.7%
20236.8%0.90×6.1%1.72×10.5%
20247.2%0.81×5.8%1.77×10.4%
20258.1%0.75×6.0%1.76×10.6%
20266.0%0.61×3.7%1.87×6.9%

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 ÷ revenue31.0%
2021: 28.7%28.7%2022: 28.8%28.8%2023: 23.4%23.4%2024: 23.7%23.7%2025: 24.6%24.6%2026: 31.0%31.0%212223242526
PPE ÷ total assets17.5%
2021: 23.0%23.0%2022: 22.9%22.9%2023: 19.9%19.9%2024: 18.4%18.4%2025: 18.1%18.1%2026: 17.5%17.5%212223242526
Goodwill ÷ parent equity4.6%
2026: 4.6%4.6%212223242526
Goodwill balance¥5.87B
2026: ¥5.87B¥5.87B212223242526

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¥981M
2021: ¥449M¥449M2022: ¥481M¥481M2023: ¥575M¥575M2024: ¥488M¥488M2025: ¥731M¥731M2026: ¥981M¥981M212223242526
R&D / revenue0.7%
2021: 0.3%0.3%2022: 0.4%0.4%2023: 0.3%0.3%2024: 0.3%0.3%2025: 0.5%0.5%2026: 0.7%0.7%212223242526
Inventory days16d
2021: 8d8d2022: 12d12d2023: 10d10d2024: 9d9d2025: 10d10d2026: 16d16d212223242526

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
Revenue136,931164,968164,076159,368143,877
Cost of revenue112,743139,496137,248131,019117,770
Gross profit24,18825,47226,82828,34926,107
SG&A9,43510,25410,88111,67212,606
Operating income14,75215,21815,94616,67713,500
Pretax income16,26916,52717,53117,98912,940
Income tax4,9624,8625,2885,1014,258
Net income attributable to owners11,04311,24311,85412,8598,682
Operating margin10.8%9.2%9.7%10.5%9.4%

Balance sheet (reported items)

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

Assets

Cash 18%
2%
Property, plant and equipment 18%
6%
6%
Other assets 50%

Funding

Other liabilities 46%
Equity 54%
0%

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¥23.5B¥25.1B¥25B¥16.8B¥44.5B
Total assets¥172.5B¥194.5B¥210.8B¥216.2B¥254.6B
Net assets¥110.8B¥117.7B¥128B¥129.1B¥138.1B
Share capital¥9.44B¥9.44B¥9.44B¥9.44B¥9.44B
Inventories¥3.56B¥3.75B¥3.29B¥3.44B¥5.21B
Property, plant and equipment¥39.5B¥38.6B¥38.8B¥39.2B¥44.6B
Intangible assets excluding goodwill¥2.15B¥2.45B¥3.33B¥4.41B¥10.6B
Goodwill————¥5.87B
Investment securities¥14.5B¥12.8B¥14.9B¥10.5B¥15.9B
Current assets¥109.4B¥133.4B¥146.3B¥154.5B¥175.6B
Current liabilities¥45.9B¥50.7B¥38.3B¥55.5B¥88.1B
Short-term borrowings—¥9.14B—¥6B¥27.1B
Long-term borrowings¥619M¥8.4B¥24.4B¥16B¥12.9B
Bonds¥300M¥3.1B¥4.1B¥1B—
Interest-bearing debt—¥20.6Bderived—¥23Bderived—
Total liabilities¥61.8B¥76.8B¥82.8B¥87.1B¥116.5B
Non-controlling interests¥3.01B¥3.35B¥3.62B—¥3.48B
Equity attributable to owners of parent¥103.4B¥110.5B¥118.1B¥124.9B¥127.1B
Retained earnings¥87.5B¥94.4B¥102.5B¥111.1B¥115.1B
Treasury stock-¥3.87B-¥2.46B-¥3.26B-¥5.58B-¥7.4B

Sources

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

    有価証券報告書-第162期(2025/04/01-2026/03/31)

    ID S100YH062026-06-22Open
  • EDINET (FSA Japan)

    有価証券報告書-第161期(2024/04/01-2025/03/31)

    ID S100W6LF2025-06-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第160期(2023/04/01-2024/03/31)

    ID S100TSZB2024-06-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第159期(2022/04/01-2023/03/31)

    ID S100R4FV2023-06-28Open
  • EDINET (FSA Japan)

    有価証券報告書-第158期(令和3年4月1日-令和4年3月31日)

    ID S100OHH92022-06-28Open
  • EDINET (FSA Japan)

    有価証券報告書-第157期(令和2年4月1日-令和3年3月31日)

    ID S100LN5Y2021-06-25Open

Extracted from XBRL: 53 / Derived from other figures: 1

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