GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
Z

Zaoh Co 9986.T · JPY

Industrials · Tokyo Stock Exchange · 🇯🇵 Japan

Compare

2,447

-0.12%

Close of 9 Nov 2026, in JPY

Search any instrument

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

¥8.76bn

FY2017FY2026

Net income

¥718.9m

FY2017FY2026

Free cash flow

¥1.07bn

FY2017FY2026

Shareholders' equity

¥13.09bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue¥8.76bn¥8.45bn¥9.43bn¥9.65bn¥8.95bn¥6.82bn¥7.08bn¥6.95bn¥7.20bn¥6.94bn
Gross profit¥4.03bn¥3.74bn¥3.88bn¥4.09bn¥3.90bn¥3.32bn¥3.53bn¥3.55bn¥3.66bn¥3.52bn
Research and development—¥78.1m¥49.2m¥48.4m¥40.8m¥34.1m¥43.7m¥51.0m¥51.0m¥57.1m
Operating income¥1.02bn¥911.6m¥1.21bn¥1.38bn¥1.29bn¥968.2m¥1.02bn¥1.09bn¥1.17bn¥1.07bn
Net income¥718.9m¥616.6m¥1.02bn¥1.05bn¥1.17bn¥789.4m¥701.0m¥738.6m¥783.5m¥761.6m
Diluted earnings per share132.20113.38187.24194.31204.15137.86122.42117.90125.07121.56

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets¥15.23bn¥14.76bn¥14.81bn¥15.12bn¥14.74bn¥13.62bn¥14.06bn¥13.61bn¥13.35bn¥12.98bn
Cash and short-term investments¥6.88bn¥6.76bn¥6.75bn¥7.16bn¥7.54bn¥6.53bn¥6.11bn¥5.84bn¥5.41bn¥4.94bn
Total liabilities¥2.14bn¥1.88bn¥2.01bn¥1.95bn¥2.14bn¥1.83bn¥1.95bn¥1.81bn¥1.90bn¥1.96bn
Debt¥43.8m¥43.7m¥20.0m¥6.4m———¥201,000¥906,000¥4.9m
Shareholders' equity¥13.09bn¥12.88bn¥12.80bn¥13.17bn¥12.60bn¥11.79bn¥12.11bn¥11.80bn¥11.45bn¥11.02bn
Shares outstanding5m5m5m5m6m6m6m6m6m6m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations¥1.13bn¥513.7m¥1.19bn¥178.4m¥1.30bn¥798.4m¥873.6m¥845.3m¥822.9m¥931.1m
Capital spending−¥53.3m−¥112.0m−¥138.2m−¥91.3m−¥137.7m−¥36.4m−¥22.4m−¥12.9m−¥4.3m−¥503.7m
Free cash flow¥1.07bn¥401.7m¥1.05bn¥87.1m¥1.16bn¥762.0m¥851.2m¥832.4m¥818.6m¥427.4m
Dividends paid−¥542.3m−¥543.1m−¥699.9m−¥458.6m−¥360.3m−¥321.1m−¥381.5m−¥400.1m−¥344.5m−¥363.5m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue¥1.97bn¥2.46bn¥2.30bn¥1.99bn¥2.01bn¥2.30bn¥2.50bn¥1.86bn
Gross profit¥939.1m¥1.10bn¥1.04bn¥939.1m¥939.7m¥1.02bn¥1.05bn¥835.0m
Operating income¥165.2m¥324.7m¥300.0m¥212.9m¥179.2m¥342.4m¥324.1m¥138.5m
Net income¥125.4m¥251.4m¥201.2m¥144.8m¥121.5m¥235.1m¥228.1m¥97.5m
Diluted earnings per share23.0546.2337.0026.6322.3543.2341.9817.95
Total assets¥14.86bn¥15.23bn¥14.79bn¥14.90bn¥14.66bn¥14.76bn¥14.44bn¥14.51bn
Cash and short-term investments¥6.79bn¥6.88bn¥6.45bn¥7.17bn¥7.06bn¥6.76bn¥6.15bn¥6.51bn
Debt—¥13.0m———¥10.8m——
Shareholders' equity¥12.91bn¥13.09bn¥12.83bn¥12.89bn¥12.73bn¥12.88bn¥12.65bn¥12.67bn

Financial ratios

Data as of 30 Sept 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2015FY2009
Gross margin46.0%44.3%41.1%42.4%43.6%48.6%———
Operating margin11.6%10.8%12.8%14.3%14.4%14.2%———
Net margin8.2%7.3%10.8%10.9%13.1%11.6%———
Return on equity5.5%4.8%8.0%8.0%9.3%6.7%———
Return on assets4.7%4.2%6.9%7.0%7.9%5.8%———
Free cash flow yield8.7%4.6%9.8%2.0%10.1%5.9%———
Revenue growth3.6%-10.3%-2.3%7.8%31.1%-3.6%———
Earnings growth16.6%-39.4%-3.5%-9.9%48.3%12.6%———
Current ratio10.02x12.74x10.86x11.78x9.59x11.41x———
Debt to equity0.00x0.00x0.00x0.00x0.00x0.00x———
Equity ratio85.9%87.3%86.4%87.1%85.5%86.6%———
Interest coverage———48.68x333.67x2.82x20.68x124.41x7705.26x
R&D as a share of sales—0.9%0.5%0.5%0.5%0.5%0.6%——
Buybacks as a share of market value0.0%-0.1%-0.1%5.4%-0.2%0.0%———

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-3.2%5.1%2.5%
Operating income-9.7%1.0%-0.1%
Net income-12.0%-1.9%0.9%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin45.2%43.4%44.1%46.6%
Operating margin11.2%12.5%13.0%14.0%
Net margin7.8%9.4%10.3%10.3%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings18.522.113.012.58.514.411.112.710.316.0
Price to sales1.51.61.41.41.11.71.11.41.11.8

Dividends and splits

Per share, in the currency the company pays

Paid for 19 years. Last went ex-dividend on 30 Mar 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year150.00100.00116.0080.0063.0053.0061.0064.00

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.