MANDARAKE INC.

2652・Standard Market・Retail Trade

Official website

MANDARAKE INC.

2652・Standard Market・Retail Trade

Official website

MANDARAKE INC.2652

Reference Indicators

Market Cap

168¥100M

P/E (Forecast)

10.8x

P/B

1.3x

Dividend Yield (Forecast)

0.22%

ROE

9.9%

EV/EBITDA

10.3x

Financial Summary

Unit: ¥M

Item	2021Sep 2021	2022Sep 2022	2023Sep 2023	2024Sep 2024	2025Sep 2025
Net Sales	9,626	10,588	12,839	14,455	15,183
Cost of Sales	4,366	4,809	5,817	6,536	6,887
Gross Profit	5,259	5,779	7,022	7,918	8,295
SG&A Expenses	4,659	4,844	5,148	5,840	6,502
Operating Income	600	934	1,874	2,078	1,792
Non-operating Income	13	12	15	14	11
Non-operating Expenses	45	40	36	37	52
Ordinary Income	567	906	1,852	2,055	1,750
Extraordinary Losses	2	1	0	0	2
Pre-tax Income	564	904	1,852	2,054	1,748
Income Taxes	207	317	604	678	626
Net Income	357	587	1,248	1,376	1,121
EBITDA	836	1,172	2,092	2,320	2,031
Gross Margin	54.6%	54.6%	54.7%	54.8%	54.6%
Operating Margin	6.2%	8.8%	14.6%	14.4%	11.8%
ROA	2.2%	3.5%	7.0%	7.6%	5.9%
ROE	4.7%	7.3%	13.9%	13.4%	9.9%