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Fullcast Holdings Co 4848.T · JPY

Industrials · Tokyo Stock Exchange · 🇯🇵 Japan

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1,824

+0.55%

Close of 9 Nov 2026, in JPY

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At a glance

Figures in JPY, from our data supplier.

FY2025

Revenue

¥77.23bn

FY2016FY2025

Net income

¥4.78bn

FY2016FY2025

Free cash flow

¥844.0m

FY2016FY2025

Shareholders' equity

¥30.86bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue¥77.23bn¥68.56bn¥68.97bn¥64.64bn¥52.37bn¥43.23bn¥44.48bn¥38.85bn¥32.07bn¥25.34bn
Gross profit¥25.28bn¥24.52bn¥23.01bn¥21.46bn¥18.03bn¥17.72bn¥18.81bn¥16.66bn¥12.68bn¥9.26bn
Operating income¥7.91bn¥7.14bn¥8.66bn¥9.93bn¥7.63bn¥6.14bn¥7.22bn¥5.90bn¥4.43bn¥2.89bn
Net income¥4.78bn¥5.49bn¥5.89bn¥6.62bn¥5.01bn¥4.11bn¥4.64bn¥3.31bn¥2.99bn¥2.53bn
Diluted earnings per share136.48154.91165.03183.39124.50112.30124.9888.0179.1966.20

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets¥58.21bn¥41.52bn¥39.09bn¥35.60bn¥29.48bn¥23.95bn¥23.46bn¥19.85bn¥16.81bn¥13.27bn
Cash and short-term investments¥21.09bn¥17.53bn¥14.47bn¥20.63bn¥17.41bn¥13.31bn¥11.81bn¥8.47bn¥9.37bn¥6.96bn
Total liabilities¥25.55bn¥12.65bn¥12.31bn¥10.68bn¥8.90bn¥6.56bn¥7.25bn¥6.80bn¥5.47bn¥4.00bn
Debt¥12.22bn¥1.00bn¥1.01bn¥1.00bn¥1.00bn¥1.00bn¥1.00bn¥1.26bn¥1.28bn¥1.08bn
Shareholders' equity¥30.86bn¥28.87bn¥25.60bn¥23.88bn¥19.66bn¥16.66bn¥15.57bn¥12.55bn¥10.90bn¥9.20bn
Shares outstanding35m35m36m36m40m37m37m38m38m38m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations¥1.36bn¥5.76bn¥5.16bn¥6.80bn¥6.37bn¥3.98bn¥5.41bn¥4.47bn¥3.90bn¥2.16bn
Capital spending−¥512.0m−¥680.0m−¥299.0m−¥284.0m−¥179.0m−¥279.0m−¥434.0m−¥298.0m−¥193.0m−¥502.0m
Free cash flow¥844.0m¥5.08bn¥4.86bn¥6.51bn¥6.19bn¥3.70bn¥4.97bn¥4.18bn¥3.71bn¥1.66bn
Dividends paid−¥2.17bn−¥2.22bn−¥2.29bn−¥1.67bn−¥1.57bn−¥1.48bn−¥1.38bn−¥1.06bn−¥875.0m−¥767.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue¥25.50bn¥24.56bn¥23.75bn¥18.76bn¥18.10bn¥16.63bn¥18.04bn¥16.86bn
Gross profit¥8.53bn¥7.69bn¥6.97bn¥6.19bn¥6.27bn¥6.21bn¥6.53bn¥5.82bn
Operating income¥2.14bn¥2.01bn¥1.67bn¥1.91bn¥2.10bn¥2.08bn¥1.91bn¥959.0m
Net income¥1.28bn¥1.45bn¥714.0m¥1.23bn¥1.48bn¥1.36bn¥1.35bn¥615.0m
Diluted earnings per share36.7141.3120.3735.0342.1938.8938.1317.34
Cash from operations¥2.54bn———————
Capital spending−¥277.0m———————
Free cash flow¥2.27bn———————
Total assets¥68.55bn¥59.60bn¥58.21bn¥46.61bn¥42.83bn¥40.64bn¥41.52bn¥38.33bn
Cash and short-term investments¥28.35bn¥19.53bn¥21.09bn¥15.57bn¥12.35bn¥14.02bn¥17.53bn¥15.45bn
Debt¥16.58bn¥13.35bn¥12.22bn¥6.07bn¥1.83bn¥1.03bn¥1.00bn¥1.00bn
Shareholders' equity¥32.34bn¥31.02bn¥30.86bn¥30.13bn¥29.94bn¥28.54bn¥28.87bn¥27.46bn

Financial ratios

Data as of 15 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2011
Gross margin32.7%35.8%33.4%33.2%34.4%41.0%—
Operating margin10.2%10.4%12.6%15.4%14.6%14.2%—
Net margin6.2%8.0%8.5%10.2%9.6%9.5%—
Return on equity15.5%19.0%23.0%27.7%25.5%24.7%—
Return on assets8.2%13.2%15.1%18.6%17.0%17.2%—
Free cash flow yield2.8%9.6%8.1%10.4%8.6%6.2%—
Revenue growth12.6%-0.6%6.7%23.4%21.1%-2.8%—
Earnings growth-12.9%-6.7%-11.1%32.1%21.9%-11.4%—
Current ratio1.60x2.70x2.54x3.10x3.12x3.38x—
Debt to equity0.40x0.03x0.04x0.04x0.05x0.06x—
Equity ratio53.0%69.5%65.5%67.1%66.7%69.6%—
Interest coverage161.51x595.17x1237.86x1418.43x1090.14x876.71x—
R&D as a share of sales——————0.0%
Buybacks as a share of market value1.1%0.6%1.2%10.3%-9.9%1.4%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue6.1%12.3%13.1%
Operating income-7.3%5.2%13.2%
Net income-10.3%3.1%10.5%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin34.2%33.7%34.7%36.3%
Operating margin10.3%12.0%12.6%13.0%
Net margin7.0%8.2%8.5%8.8%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings12.29.611.115.419.814.319.920.429.214.6
Price to sales0.80.80.91.61.91.42.11.72.71.4

Dividends and splits

Per share, in the currency the company pays

Paid for 13 years. Last went ex-dividend on 29 Jun 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year32.0094.0063.0064.0046.0043.0040.0037.00
  • 100-for-1 split · 26 Jun 2013
  • 2-for-1 split · 26 Mar 2004
  • 3-for-1 split · 25 Sept 2003

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
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