Soiken Holdings Inc

Soiken Holdings Inc maintains a strong liquidity position, with cash and equivalents amounting to ¥4,937,417,000, representing 70.7% of total assets. The company's price-to-book ratio of 1.01 and price-to-tangible-book ratio of 1.01 suggest a valuation in line with its book value, while the absence of long-term debt and a debt-to-equity ratio of 0.0 indicate a conservative capital structure. The current ratio of 10.82 further underscores its robust short-term liquidity.

Profitability metrics, however, reveal a challenging operating environment. The company reported a net loss of ¥86,645,000 and an operating loss of ¥105,235,000, resulting in a negative return on equity of -1.37% and a return on assets of -1.24%. These figures fall significantly below the industry median for profitability, indicating operational inefficiencies or pricing pressures.

Geographically and segment-wise, the company's exposure is not explicitly detailed in the available data. However, the lack of disclosed revenue concentration suggests a diversified business model, which may mitigate the risk of over-reliance on any single market or product line.

Looking ahead, the company's revenue outlook remains uncertain. The most recent actual revenue of ¥4,848,530,000 represents a decline from the ¥1,000,884,000 annual total, indicating a potential contraction in business activity. The absence of positive growth signals in the financial data raises concerns about the company's ability to reverse its current performance trajectory.

Risk factors are currently low, with no immediate liquidity or dilution pressures identified. The company's dilution potential is also rated as low, supported by the absence of recent equity issuances or shelf registration activity. However, the negative net income and operating income suggest a need for close monitoring of cost structures and revenue generation strategies.

Recent filings and transcripts do not highlight any material events or strategic shifts. The company's financial performance appears to be in a stabilization phase, with no significant capital expenditures or R&D investments disclosed in the latest data. Analysts have recorded a negative EPS of -8.05 JPY, aligning with the reported net loss.

Net income improved 68.2% year-over-year to a loss of JPY 210.7 million in fiscal 2025.

Free cash flow surged 70.5% year-over-year, narrowing the deficit to JPY 230.6 million in fiscal 2025.

The company maintains a zero long-term debt position, placing it in the top quartile for leverage safety.

Operating income improved 65.2% year-over-year, reducing the operating loss to JPY 228.9 million in fiscal 2025.

Dilution and liquidity risks are assessed as low, suggesting stable capital structure and market trading conditions.

The company recorded a net loss of JPY 210.7 million in fiscal 2025, resulting in negative profitability metrics.

High credit risk is flagged, potentially signaling concerns regarding the company's ability to meet financial obligations.

Revenue ¥999.0M, −22,6% YoY; Operating income +47,2% YoY.

• ▍Revenue ¥999.0M, −22,6% YoY
• ▍Operating income +47,2% YoY
• ▍Net income +15,1% YoY
• ▍Net margin 7.8%

Revenue ¥1.42B, +1,6% YoY; Operating income +131,8% YoY.

• ▍Revenue ¥1.42B, +1,6% YoY
• ▍Operating income +131,8% YoY
• ▍Net income +129,0% YoY
• ▍Net margin 5.9%

Revenue ¥1.17B, −11,3% YoY; Operating income +15,9% YoY.

• ▍Revenue ¥1.17B, −11,3% YoY
• ▍Operating income +15,9% YoY
• ▍Net income +31,0% YoY
• ▍Net margin -5.2%

Revenue ¥997.4M, −0,3% YoY; Operating income +167,6% YoY.

• ▍Revenue ¥997.4M, −0,3% YoY
• ▍Operating income +167,6% YoY
• ▍Net income +183,2% YoY
• ▍Net margin 7.2%

Revenue ¥1.29B; Operating income ¥66.3M.

• ▍Revenue ¥1.29B
• ▍Operating income ¥66.3M
• ▍Net margin 5.2%

Revenue ¥1.39B; Operating income -¥283.7M.

• ▍Revenue ¥1.39B
• ▍Operating income -¥283.7M
• ▍Net margin -20.8%

Revenue ¥1.32B; Operating income -¥98.4M.

• ▍Revenue ¥1.32B
• ▍Operating income -¥98.4M
• ▍Net margin -6.7%

Revenue ¥1.00B; Operating income -¥105.2M.

• ▍Revenue ¥1.00B
• ▍Operating income -¥105.2M
• ▍Net margin -8.7%

Revenue ¥4.85B, −6,0% YoY; Operating income +65,2% YoY.

• ▍Revenue ¥4.85B, −6,0% YoY
• ▍Operating income +65,2% YoY
• ▍Net income +68,2% YoY
• ▍Free cash flow +70,5% YoY
• ▍Net margin -4.3%

Revenue ¥5.16B, −36,2% YoY; Operating income −191,0% YoY.

• ▍Revenue ¥5.16B, −36,2% YoY
• ▍Operating income −191,0% YoY
• ▍Net income −246,6% YoY
• ▍Free cash flow −351,8% YoY
• ▍Net margin -12.8%

Revenue ¥8.08B, −13,6% YoY; Operating income −40,0% YoY.

• ▍Revenue ¥8.08B, −13,6% YoY
• ▍Operating income −40,0% YoY
• ▍Net income −44,2% YoY
• ▍Free cash flow −53,4% YoY
• ▍Net margin 5.6%

Revenue ¥9.35B, +4,5% YoY; Operating income +33,4% YoY.

• ▍Revenue ¥9.35B, +4,5% YoY
• ▍Operating income +33,4% YoY
• ▍Net income +44,1% YoY
• ▍Free cash flow +46,0% YoY
• ▍Net margin 8.7%