West Holdings Corporation
1407・Standard Market・Construction
West Holdings Corporation1407
West Holdings Corporation1407
Reference Indicators
Market Cap
1,258¥100M
P/E (Forecast)
16.4x
P/B
3.0x
Dividend Yield (Forecast)
2.56%
ROE
15.4%
EV/EBITDA
16.2x
Financial Summary
Unit: ¥M
| Item | 2021Aug 2021 | 2022Aug 2022 | 2023Aug 2023 | 2024Aug 2024 | 2025Aug 2025 |
|---|---|---|---|---|---|
Net Sales | 67,938 | 67,169 | 43,734 | 50,390 | 47,250 |
Cost of Sales | 51,278 | 52,725 | 28,378 | 31,868 | 30,958 |
Gross Profit | 16,660 | 14,443 | 15,356 | 18,522 | 16,292 |
SG&A Expenses | 6,511 | 6,673 | 6,856 | 7,924 | 7,645 |
Operating Income | 10,148 | 7,770 | 8,499 | 10,597 | 8,646 |
Non-operating Income | 81 | 70 | 183 | 198 | 437 |
Non-operating Expenses | 580 | 547 | 710 | 839 | 1,122 |
Ordinary Income | 9,648 | 7,293 | 7,972 | 9,956 | 7,961 |
Extraordinary Income | — | — | 265 | 19 | 1 |
Extraordinary Losses | 149 | 1,500 | — | 71 | 155 |
Pre-tax Income | 9,472 | 5,764 | 8,198 | 9,866 | 7,767 |
Income Taxes | 2,977 | 1,506 | 2,181 | 2,963 | 2,266 |
Net Income | 6,495 | 4,257 | 6,016 | 6,757 | 5,357 |
EBITDA | 11,596 | 9,202 | 10,667 | 12,939 | 11,369 |
Gross Margin | 24.5% | 21.5% | 35.1% | 36.8% | 34.5% |
Operating Margin | 14.9% | 11.6% | 19.4% | 21.0% | 18.3% |
ROA | 6.7% | 4.2% | 4.9% | 5.4% | 3.6% |
ROE | 28.5% | 16.1% | 20.4% | 20.9% | 15.4% |
Segment Performance
Unit: ¥M
2025
| Segment | Net Sales | Operating Income | Operating Margin |
|---|---|---|---|
| その他 | 1 | 1 | 100.0% |
| 電力事業 | 6,161 | 1,579 | 25.6% |
| 再生可能エネルギー事業 | 32,668 | 4,546 | 13.9% |
| 蓄電所事業 | 5,711 | 1,498 | 26.2% |
| 省エネルギー事業 | 1,156 | 316 | 27.3% |
| メンテナンス事業 | 1,551 | 622 | 40.1% |