M3 revenue and financials

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Close · October 7, 2026

In the fiscal year ended March 2026, M3 reported revenue of ¥351.36B (+23.33% year over year). Net income was ¥49.1B, a net margin of 14.0%.

Annual revenue · 2026: ¥351.36B
  1. ¥230.82B2023
  2. ¥238.88B2024
  3. ¥284.9B2025
  4. ¥351.36B2026

Fiscal year ending in March. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+23.33%
FY to Mar 2026 vs FY to Mar 2025
Net income growth
+21.28%
FY to Mar 2026 vs FY to Mar 2025
Net margin
14.0%
FY to Mar 2025: 14.2%

Financial data

Amounts in millions of JPY; per-share values in JPY; shares in millions.

Cash flow · Annual
ItemFY to Mar 2025FY to Mar 2024FY to Mar 2023FY to Mar 2022
Operating cash flow51,74358,31057,11352,108
Depreciation and amortization12,2058,8787,4346,274
Capital expenditure-8,991-7,581-5,354-3,217
Investing cash flow-39,149-39,456-21,933-23,407
Financing cash flow-27,1659,432-22,837-16,371
Dividends paid-14,257-12,896-10,860-8,144
Debt issued7,50019,9200.00.0
Debt repaid-13,393-1,582-809-13.0
Effect of exchange rates-1583,0561,7232,780
Net change in cash-14,57128,28612,34312,330
Free cash flow42,75250,72951,75948,891