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ARE Holdings 5857.T · JPY

Materials · Tokyo Stock Exchange · 🇯🇵 Japan

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3,655

+2.09%

Close of 9 Nov 2026, in JPY

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in JPY, from our data supplier.

FY2026

Revenue

¥569.99bn

FY2017FY2026

Net income

¥24.44bn

FY2017FY2026

Free cash flow

−¥107.72bn

FY2017FY2026

Shareholders' equity

¥230.56bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue¥569.99bn¥506.21bn¥322.25bn¥292.45bn¥192.44bn¥164.78bn¥135.56bn¥128.67bn¥115.80bn¥106.83bn
Gross profit¥44.82bn¥28.94bn¥21.36bn¥29.46bn¥34.66bn¥32.81bn¥28.30bn¥29.51bn¥28.30bn¥24.31bn
Research and development¥472.0m¥503.0m¥428.0m¥407.0m¥358.0m¥320.0m¥350.0m¥454.0m¥505.0m¥510.0m
Operating income¥35.26bn¥20.36bn¥13.19bn¥21.32bn¥26.96bn¥25.55bn¥21.12bn¥14.55bn¥13.89bn¥9.09bn
Net income¥24.44bn¥14.32bn¥24.49bn¥10.93bn¥18.73bn¥25.73bn¥9.85bn¥9.00bn¥9.42bn−¥1.21bn
Diluted earnings per share283.11167.73288.89126.60217.31296.55124.27113.97119.69-17.60

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets¥615.39bn¥490.04bn¥318.00bn¥287.45bn¥298.39bn¥244.80bn¥229.96bn¥160.27bn¥131.48bn¥88.98bn
Cash and short-term investments¥10.34bn¥17.55bn¥6.88bn¥21.56bn¥6.26bn¥12.19bn¥23.00bn¥16.69bn¥24.80bn¥10.90bn
Total liabilities¥384.83bn¥363.69bn¥191.52bn¥180.49bn¥193.25bn¥146.90bn¥160.78bn¥92.47bn¥67.05bn¥44.15bn
Debt¥183.20bn¥290.42bn¥136.82bn¥144.68bn¥151.70bn¥105.59bn¥127.86bn¥63.80bn¥41.12bn¥22.91bn
Shareholders' equity¥230.56bn¥126.30bn¥126.48bn¥106.96bn¥105.14bn¥97.90bn¥69.17bn¥67.80bn¥64.44bn¥44.30bn
Shares outstanding86m85m85m86m86m87m79m79m79m69m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations−¥99.39bn¥14.69bn¥12.62bn¥36.75bn¥11.10bn−¥33.35bn−¥60.32bn−¥20.65bn−¥13.40bn¥3.32bn
Capital spending−¥8.34bn−¥7.42bn−¥7.58bn−¥5.13bn−¥8.76bn−¥5.42bn−¥4.13bn−¥5.55bn−¥2.76bn−¥2.68bn
Free cash flow−¥107.72bn¥7.26bn¥5.04bn¥31.62bn¥2.35bn−¥38.77bn−¥64.45bn−¥26.20bn−¥16.16bn¥642.0m
Dividends paid−¥7.66bn−¥6.51bn−¥6.90bn−¥6.99bn−¥7.08bn−¥5.90bn−¥4.71bn−¥3.67bn−¥1.96bn−¥1.96bn

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue¥197.18bn¥185.34bn¥146.42bn¥101.12bn¥137.12bn¥133.24bn¥132.61bn¥148.06bn
Gross profit¥14.41bn¥11.47bn¥15.23bn¥10.50bn¥7.62bn¥9.48bn¥7.82bn¥6.46bn
Operating income¥11.74bn¥8.42bn¥14.79bn¥7.92bn¥5.93bn¥5.67bn¥6.37bn¥3.78bn
Net income¥8.61bn¥4.87bn¥8.72bn¥7.21bn¥3.64bn¥2.93bn¥4.78bn¥3.41bn
Diluted earnings per share99.7656.44102.1484.4642.6334.3756.4040.19
Cash from operations¥57.07bn¥11.91bn−¥62.22bn−¥49.58bn¥508.0m−¥174.0m¥3.68bn¥10.68bn
Capital spending−¥1.40bn−¥1.38bn−¥1.39bn−¥2.46bn−¥3.12bn−¥2.88bn−¥1.30bn−¥2.41bn
Free cash flow¥55.67bn¥10.54bn−¥63.61bn−¥52.04bn−¥2.61bn−¥3.06bn¥2.39bn¥8.26bn
Total assets¥637.87bn¥615.39bn¥935.32bn¥671.51bn¥505.99bn¥490.04bn¥398.05bn¥371.46bn
Cash and short-term investments¥17.70bn¥10.34bn¥7.31bn¥10.58bn¥17.16bn¥17.55bn¥17.23bn¥19.38bn
Debt¥153.18bn¥183.20bn¥452.21bn¥374.75bn¥279.10bn¥290.01bn¥136.69bn¥196.20bn
Shareholders' equity¥224.92bn¥230.56bn¥160.89bn¥133.17bn¥140.63bn¥126.30bn¥136.29bn¥129.78bn

Growth per year

Compound annual rate

3 years5 years10 years
Revenue24.9%28.2%17.0%
Operating income18.3%6.7%15.0%
Net income30.8%-1.0%17.1%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin6.9%7.4%9.4%12.4%
Operating margin5.2%5.3%7.0%7.9%
Net margin3.6%4.4%5.8%5.7%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings13.319.15.915.48.96.914.811.99.4-60.1
Price to sales0.60.50.50.60.91.11.10.80.80.7

Dividends and splits

Per share, in the currency the company pays

Paid for 17 years. Last went ex-dividend on 29 Sept 2026.

FY2027FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Paid in the year65.00165.0085.0090.0090.0085.0075.0060.00
  • 2-for-1 split · 30 Mar 2021

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
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