# JAFCO Group vs NEC Capital Solutions

> Unit: JPY millions (ratios in %)
> Periods: JAFCO Group = FY ending Mar 2026, non-consolidated, J-GAAP / NEC Capital Solutions = FY ending Mar 2026, consolidated, J-GAAP
> Retrieved: 2026-09-30T20:27:15.408Z

| Metric | JAFCO Group | NEC Capital Solutions |
| --- | ---: | ---: |
| Revenue | 21,619 | 306,155 |
| Operating income | 5,607 | 10,617 |
| Net income | 6,576 | 9,180 |
| COGS ratio | 51.1% | 88.0% |
| Operating margin | 25.9% | 3.5% |
| Net margin | 30.4% | 3.0% |
| FCF margin | 25.7% | — |
| Period | FY ending Mar 2026 | FY ending Mar 2026 |
| Source | S100YCOQ | S100YEUV |

## Company details

- https://vizora.meequs.com/en/company/jafco-group/md
- https://vizora.meequs.com/en/company/nec-capital-solutions/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).