FULUHASHI EPO CORPORATION

9221・Standard Market・Services

Official website

FULUHASHI EPO CORPORATION

9221・Standard Market・Services

Official website

FULUHASHI EPO CORPORATION9221

Reference Indicators

Market Cap

145¥100M

P/E (Forecast)

—

P/B

2.3x

Dividend Yield (Forecast)

2.59%

ROE

15.1%

EV/EBITDA

9.1x

Financial Summary

Unit: ¥M

Item	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026
Net Sales	7,716	8,076	8,753	9,383	10,007
Cost of Sales	4,325	4,503	4,727	5,088	5,577
Gross Profit	3,390	3,572	4,026	4,295	4,430
SG&A Expenses	2,603	2,733	2,986	3,142	3,255
Operating Income	787	839	1,039	1,152	1,174
Non-operating Income	102	284	257	346	130
Non-operating Expenses	51	73	51	66	130
Ordinary Income	837	1,049	1,246	1,432	1,174
Extraordinary Income	22	53	35	78	79
Extraordinary Losses	38	1	615	54	0
Pre-tax Income	821	1,100	665	1,457	1,252
Income Taxes	251	357	402	423	362
Net Income	569	743	263	1,033	890
EBITDA	1,251	1,337	1,588	1,762	1,929
Gross Margin	43.9%	44.2%	46.0%	45.8%	44.3%
Operating Margin	10.2%	10.4%	11.9%	12.3%	11.7%
ROA	6.2%	6.6%	2.3%	8.5%	6.4%
ROE	29.6%	20.8%	5.2%	19.5%	15.1%

Segment Performance

Unit: ¥M

2026

Segment	Net Sales	Operating Income	Operating Margin
バイオマテリアル事業	7,282	1,057	14.5%
資源循環事業	1,698	89	5.2%
その他	1,027	35	3.4%