Back to Articles
55902025 Full YearGrowthJGAAP

NETSTARS (5590) FY2025 FY Earnings Report

For FY2025 FY, revenue came to ¥4.8B (+22.7% year on year) and operating income ¥293.0M. The segment drivers and cash flow follow.

NETSTARS Co.,Ltd.

IT & Services, Others/Information & Communication


Financial Highlights

  • Net Sales: ¥4.79B
  • Operating Income: ¥293M
  • Net Income: ¥485M
  • EPS: ¥28.99

Income Statement

ItemCurrentPriorYoY %
Net Sales¥4.79B¥3.90B+22.7%
Cost of Sales¥1.12B¥924M+21.5%
Gross Profit¥3.67B¥2.98B+23.1%
SG&A Expenses¥3.37B¥3.06B+10.1%
Operating Income¥293M−¥84M+448.8%
Non-operating Income¥168M¥88M+90.4%
Non-operating Expenses¥18M¥26M−31.5%
Equity Method Investment Income−¥7M−¥2M−250.0%
Ordinary Income¥443M−¥22M+2113.6%
Profit Before Tax¥402M−¥31M+1380.7%
Income Tax Expense−¥83M¥6M−1432.9%
Net Income¥485M−¥38M+1389.4%
Net Income Attributable to Owners¥485M−¥37M+1410.8%
Total Comprehensive Income¥453M¥29M+1462.1%
Depreciation & Amortization¥243M¥216M+12.6%
Basic EPS¥28.99−¥2.25+1388.4%
Diluted EPS¥28.39--
Dividend Per Share¥0.00¥0.00-

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥37.24B¥34.61B+¥2.64B
Cash and Deposits¥36.21B¥33.88B+¥2.33B
Accounts Receivable¥297M¥334M−¥36M
Inventories¥177M¥16M+¥161M
Non-current Assets¥1.11B¥1.13B−¥21M
Property, Plant & Equipment¥26M¥25M+¥2M
Intangible Assets¥517M¥649M−¥132M
Investment Securities¥283M¥326M−¥43M
Total Assets¥38.35B¥35.74B+¥2.62B
Current Liabilities¥30.72B¥28.63B+¥2.09B
Accounts Payable¥136M¥148M−¥12M
Total Liabilities¥30.72B¥28.63B+¥2.09B
Total Equity¥7.63B¥7.11B+¥527M
Capital Stock¥4.49B¥4.46B+¥33M
Capital Surplus¥7.72B¥7.69B+¥33M
Retained Earnings−¥4.69B−¥5.18B+¥492M
Treasury Stock−¥77,000−¥77,000¥0
Owners' Equity¥7.63B¥7.11B+¥527M
Working Capital¥6.52B--

Cash Flow Statement

ItemCurrentPriorChange
Operating Cash Flow¥2.38B¥7.51B−¥5.13B
Investing Cash Flow−¥111M−¥200M+¥89M
Financing Cash Flow¥66M¥9M+¥57M
Free Cash Flow¥2.27B--

Profitability Ratios

ItemValue
Operating Margin6.1%
ROA (Ordinary Income)1.2%
Book Value Per Share¥453.57
Net Profit Margin10.1%
Gross Profit Margin76.6%
Current Ratio121.2%
Quick Ratio120.7%
Debt-to-Equity Ratio4.02x
EBITDA Margin11.2%
Effective Tax Rate−20.6%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change+22.7%
Total Comprehensive Income YoY Change+1435.7%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)16.83M shares
Treasury Stock57 shares
Average Shares Outstanding16.73M shares
Book Value Per Share¥453.57
EBITDA¥536M

Dividend Information

ItemAmount
Q2 Dividend¥0.00
Year-End Dividend¥0.00

Full Year Forecast

ItemForecast
Net Sales Forecast¥5.76B
Operating Income Forecast¥500M
Ordinary Income Forecast¥707M
Net Income Attributable to Owners Forecast¥493M
Basic EPS Forecast¥29.31
Dividend Per Share Forecast¥0.00