# JR East vs LY Corporation vs Mercari vs SoftBank Corp.

> Unit: JPY millions (ratios in %)
> Periods: JR East = FY ending Mar 2026, consolidated, J-GAAP / LY Corporation = FY ending Mar 2026, consolidated, IFRS / Mercari = FY ending Jun 2026, consolidated, IFRS / SoftBank Corp. = FY ending Mar 2026, consolidated, IFRS
> Retrieved: 2026-09-30T22:45:41.151Z

| Metric | JR East | LY Corporation | Mercari | SoftBank Corp. |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 3,084,679 | 2,036,366 | 229,293 | 7,038,680 |
| Operating income | 414,258 | 341,322 | 43,905 | 1,042,576 |
| Net income | 247,846 | 193,692 | 35,401 | 550,759 |
| COGS ratio | — | 26.0% | 26.3% | 51.9% |
| Operating margin | 13.4% | 16.8% | 19.1% | 14.8% |
| Net margin | 8.0% | 9.5% | 15.4% | 7.8% |
| FCF margin | -4.0% | — | -6.4% | 11.7% |
| Period | FY ending Mar 2026 | FY ending Mar 2026 | FY ending Jun 2026 | FY ending Mar 2026 |
| Source | S100YC7N | S100YTT6 | S100Z2BE | S100YE76 |

## Five-axis industry profile

Each axis shows a rank within that company's primary industry, so peer groups may differ. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

| Axis | JR East | LY Corporation | Mercari | SoftBank Corp. |
| --- | ---: | ---: | ---: | ---: |
| Revenue growth | 37.5 (4 peers) | 66 (25 peers) | — | 43.8 (8 peers) |
| Profitability | 37.5 (4 peers) | 86.8 (34 peers) | — | 59.1 (11 peers) |
| Cash conversion | 87.5 (4 peers) | 72.2 (27 peers) | — | 65 (10 peers) |
| Efficiency | 37.5 (4 peers) | 4.4 (34 peers) | — | 22.7 (11 peers) |
| Financial strength | 12.5 (4 peers) | — | — | — |

## Company details

- https://vizora.meequs.com/en/company/east-japan-railway/md
- https://vizora.meequs.com/en/company/ly/md
- https://vizora.meequs.com/en/company/mercari/md
- https://vizora.meequs.com/en/company/softbank/md

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).