Company profile

FORVAL CORPORATION

EDINET
E02693
Securities
8275
Industry
Wholesale Trade
Latest annual securities report
2026-06-19 Annual Securities Report PDF HTML
Latest financial report
—
Latest filing
2026-06-23 Extraordinary Report PDF HTML
Compare this company

Industry position

Wholesale Trade

View details
Profitability Above average Current Top 41% 5-year trend Deteriorating
Financial strength Below average Based on Equity ratio Current Bottom 39% 5-year trend Broadly stable
Growth Below average Current Bottom 44% 5-year trend Improving
Cash generation Above average Current Top 40% 5-year trend Deteriorating

Half-year trend

Half-year financial trend

H1 values are cumulative year-to-date.

H2 values are calculated when comparable.

Consolidated · Japanese GAAP · Cumulative YTD

Mode

Half-year financial data

Annual key financial indicators

FY2026

Consolidated Japanese GAAP

Revenue reached ¥72.62 billion, down 1.6% year over year. Operating income was ¥4.14 billion, down 0.1% year over year. Operating margin was 5.7%. Net income was ¥1.48 billion, down 31.8% year over year. ROE was 6.9%; equity ratio was 45.2%; free cash flow was ¥2.3 billion.

Revenue ¥72.62B down 1.6% year over year
Operating income ¥4.14B down 0.1% year over year
Net income ¥1.48B down 31.8% year over year
Total assets¥41.83B
Total equity—
Operating cash flow¥3.07B
Free cash flow¥2.3B

Industry position details

Wholesale Trade

Annual data for the same fiscal year and industry

Comparison sample varies by metric

Profitability Above average

Operating margin Top 24% / ROE Bottom 60%

Financial strength Below average
Based on Equity ratio

Equity ratio Bottom 62%

Growth Below average

Revenue growth Bottom 83% / 3-year revenue CAGR Top 31%

Cash generation Above average

Operating cash flow margin Top 40% / Free cash flow margin Top 41%

Profitability Industry position history Deteriorating
2026 Top 41% 2025 Top 25% 2024 Top 25% 2023 Top 33% 2022 Top 20%
Financial strength Industry position history Broadly stable
2026 Bottom 39% 2025 Bottom 33% 2024 Bottom 34% 2023 Bottom 36% 2022 Bottom 39%
Growth Industry position history Improving
2026 Bottom 44% 2025 Top 13% 2024 Top 35% 2023 Top 29% 2022 Bottom 34%
Cash generation Industry position history Deteriorating
2026 Top 40% 2025 Top 31% 2024 Top 40% 2023 Top 23% 2022 Top 24%
Profitability Operating margin 5.7% Industry median 3.3% Top 24% Comparison sample 236
Profitability ROE 6.9% Industry median 7.7% Bottom 60% Comparison sample 242
Financial strength Equity ratio 45.2% Industry median 51.0% Bottom 62% Comparison sample 242
Growth Revenue growth -1.6% Industry median +3.8% Bottom 83% Comparison sample 241
Growth 3-year revenue CAGR +6.2% Industry median +3.5% Top 31% Comparison sample 225
Cash generation Operating cash flow margin 4.2% Industry median 3.3% Top 40% Comparison sample 242
Cash generation Free cash flow margin 3.2% Industry median 2.0% Top 41% Comparison sample 242

Annual financial data

Fiscal year Scope Accounting standard Revenue Operating income Ordinary income Profit before tax Net income Profit attributable to owners of parent Comprehensive income Total assets Total liabilities Net assets Shareholders' equity Equity Equity attributable to owners of parent Equity for ratio Operating cash flow Investing cash flow Financing cash flow Free cash flow Cash and cash equivalents Basic EPS P/E Share price Market cap Book value per share Dividend per share Shares issued Equity ratio Official equity ratio ROE ROA Operating margin Ordinary income margin Net margin Operating cash flow margin Free cash flow margin Dividend payout ratio Revenue YoY Operating income YoY Ordinary income YoY Profit before tax YoY Net income YoY Total assets YoY Equity YoY Operating cash flow YoY Investing cash flow YoY Financing cash flow YoY Free cash flow YoY Cash and cash equivalents YoY EPS YoY Dividend per share YoY Shares issued YoY Employees YoY Average salary YoY Employees Average salary
FY2026 Consolidated Japanese GAAP 72622357000 4141109000 4045413000 1477864000 1477864000 2500286000 41831848000 20438547000 21393301000 18266358000 21393301000 3073000000 -769359000 -1529000000 2303641000 12148192000 56.64 19.5 1104.480 30630126346.560 724.31 27732622 0.5114118076 0.452 0.0690806903 0.0353286807 0.0570225089 0.055704788 0.0203499867 0.042314793 0.0317208239 -0.0158084866 -0.0006043035 0.0175575528 -0.3184670461 -0.0070888069 0.0856830549 -0.2575501329 0.4360050846 0.5386240193 -0.1698220029 0.0859978136 -0.3180833133 0.0 0.0437293729 2530
FY2025 Consolidated Japanese GAAP 73788847000 4143613000 3975611000 2168441000 2168441000 2114603000 42130503000 22425579000 19704923000 17454664000 19704923000 4139000000 -1364124000 -3314000000 2774876000 11186203000 83.06 17.3 1436.938 39850058391.436 673.6 27732622 0.4677115533 0.416 0.110045647 0.0514696205 0.056155004 0.0538782101 0.0293871105 0.0560924878 0.0376056289 0.1411505424 0.183912092 0.1492899058 0.0782571986 0.0343769974 0.1100958556 0.3069150616 -0.2840880744 -1.2792297111 0.3184369434 -0.0459487674 0.0621483376 0.0 0.0240811153 2424
FY2024 Consolidated Japanese GAAP 64661799000 3499933000 3459189000 2011061000 2011061000 2053948000 40730317000 22979666000 17750650000 16088644000 17750650000 3167000000 -1062329000 -1454000000 2104671000 11724950000 78.2 16.8 1313.76 36434009478.72 629.29 27732622 0.4358092769 0.405 0.1132950624 0.0493750392 0.0541267496 0.0534966403 0.0311012225 0.0489779135 0.0325489088 0.0651443323 0.295503296 0.2730055863 0.1974521421 0.1358613456 0.1351761054 -0.0353335364 -0.1639321272 -0.0467962563 -0.1120629391 0.060561341 0.1955358508 0.0 0.0395256917 2367
FY2023 Consolidated Japanese GAAP 60707077000 2701601000 2717340000 1679450000 1679450000 1864481000 35858529000 20221615000 15636913000 14017463000 15636913000 3283000000 -912707000 -1389000000 2370293000 11055419000 65.41 18.1 1183.921 32833233570.862 569.13 27732622 0.4360723498 0.408 0.1074029126 0.0468354405 0.0445022415 0.0447615028 0.0276648141 0.0540793621 0.0390447559 0.1544329517 -0.0647404583 -0.0482718331 -0.0856866918 0.1033898042 0.0879713615 0.2680571649 -0.0000306789 0.4799700487 0.4139851496 0.0982634882 -0.0878538558 0.0 0.0685124355 2277
FY2022 Consolidated Japanese GAAP 52586057000 2888611000 2855164000 1836843000 1836843000 1956297000 32498514000 18125973000 14372541000 12832168000 14372541000 2589000000 -912679000 -2671000000 1676321000 10066272000 71.71 12.5 896.375 24858829045.250 523.58 27732622 0.4422522519 0.413 0.1278022446 0.0565208305 0.0549311199 0.0542950767 0.0349302287 0.049233583 0.0318776705 0.0348289442 0.0666000306 0.1495584218 0.3527902856 0.0346510286 0.1021624408 -0.0467599411 -0.2813252412 -2.1609467456 -0.1633901563 -0.0769699685 0.3443944507 0.0 0.0839267548 2131
FY2021 Consolidated Japanese GAAP 50816183000 2708242000 2483705000 1357818000 1357818000 1885764000 31410121000 18369809000 13040311000 11699953000 13040311000 2716000000 -712293000 -845000000 2003707000 10905682000 53.34 16.4 874.776 24259832142.672 484.87 27732622 0.4151627114 0.395 0.1041246639 0.0432286778 0.0532948726 0.0488762605 0.0267201887 0.0534475405 0.0394304901 -0.0016124718 -0.1650446405 -0.252938595 0.2716723703 0.079237883 0.1438712768 0.9955914769 -2.5088332112 0.1067653277 0.0930809424 0.1193517711 0.2556497175 0.0928293496 1966
FY2020 Consolidated Japanese GAAP 50898255000 3243577000 3324633000 1067742000 1067742000 642875000 29103983000 17703826000 11400156000 10520094000 11400156000 1361000000 472082000 -946000000 1833082000 9742855000 42.48 26.7 1134.216 430.48 0.3917043245 0.372 0.0936602973 0.0366871435 0.0637266838 0.0653191941 0.0209779687 0.0267396201 0.0360146335 -0.1327999672 0.0010048387 0.0049867962 -0.4828830714 -0.0996110326 -0.0175103121 0.8746556474 1.4016529573 -1.5031914894 5.0794261908 0.1030808943 -0.4838396112 -0.008815427 1799
FY2019 Consolidated Japanese GAAP 58692635000 3240321000 3308136000 2064798000 2064798000 2295626000 32323789000 20720454000 11603334000 10024103000 11603334000 726000000 -1175348000 1880000000 -449348000 8832403000 82.3 10.1 831.23 23052187385.06 420.04 27732622 0.3589719633 0.326 0.1779486827 0.063878588 0.0552083068 0.0563637329 0.0351798484 0.0123695247 -0.0076559521 0.1157459666 0.116481983 0.1172824808 0.1840802753 0.2938867296 0.1709819586 -0.6930232558 -0.0471468574 7.995215311 -1.3616276253 0.1987825149 0.1984855104 0.0914010824 1815
FY2018 Consolidated Japanese GAAP 52603941000 2902260000 2960877000 1743799000 1743799000 1853949000 24981931000 15072867000 9909063000 8467025000 9909063000 2365000000 -1122429000 209000000 1242571000 7367811000 68.67 13.5 927.045 357.01 0.3966492022 0.358 0.1759802112 0.0698024104 0.0551719119 0.0562862201 0.0331495885 0.0449586087 0.023621253 0.0208891853 0.0951308775 0.1319103013 0.097707893 0.1519018375 0.1056494994 0.6796875 -1.0069537075 1.3443163097 0.4640356768 0.2442547579 0.1018934531 0.0316377171 1663
FY2017 Consolidated Japanese GAAP 51527572000 2650149000 2615823000 1588582000 1588582000 1906777000 21687552000 12725341000 8962210000 7554754000 8962210000 1408000000 -559270000 -607000000 848730000 5921465000 62.32 10.7 666.824 319.17 0.4132421216 0.375 0.1772533784 0.0732485621 0.0514316685 0.0507655008 0.0308297468 0.0273251765 0.0164713758 -0.0027650238 0.0649293087 0.1220086859 0.1754927047 0.0561449446 0.1959322709 -0.1780502043 -0.3997987666 -1.7098214286 -0.3538231729 0.042359861 0.1758490566 0.0420168067 1612

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Source data: Financial Services Agency EDINET / Data organization, aggregation, and metric calculations: bestforever.jp