Bridge International Group Corp

Bridge International Group Corp maintains a strong liquidity position, with cash and equivalents amounting to ¥2.31 billion, representing 42.3% of total assets. The company's liquidity FPT (free cash flow to total debt) is robust, supported by a current ratio of 3.93 and a debt-to-equity ratio of 0.13, indicating a conservative capital structure.

Profitability metrics show a return on equity (ROE) of 2.95% and a return on assets (ROA) of 2.14%, both below the industry median for Business Support Services. The company's net income of ¥116.97 million represents a 6.2% margin on revenue, which is in line with the industry's average net margin of 6.0%.

The company's revenue is concentrated in a single disclosed segment, with no geographic breakdown provided in the latest financials. This lack of diversification may expose the company to regional economic volatility, though the absence of a geographic breakdown limits further analysis.

Outlook for the current fiscal year indicates a modest revenue growth trajectory, with no significant changes in the direction of revenue or earnings. The company's operating income of ¥148.93 million reflects a 7.9% margin, which is slightly below the industry median of 8.2%.

Risk assessment indicates low liquidity and dilution risk, with no immediate filing-based flags detected. The company's low debt-to-equity ratio and high cash reserves reduce the likelihood of near-term dilution. No dilution sources were identified in the latest filings, and the probability of dilution remains low in the near term.

Recent events include the filing of the latest financial report, which disclosed the company's strong cash position and stable operating performance. No material changes in the company's strategic direction or capital structure were noted in the latest filings.

Revenue grew at an 11.2% CAGR over four years, demonstrating consistent top-line expansion for the business support services provider.

Gross profit increased to 2.91 billion JPY in FY2026, showing continued growth in core profitability despite revenue stagnation.

The company maintains low dilution, liquidity, and credit risk flags, suggesting a stable financial foundation with minimal immediate threats.

Net income CAGR of only 2.1% over four years suggests weak long-term earnings growth despite revenue expansion.

Revenue ¥1.78B, −13,7% YoY; Operating income −56,5% YoY.

• ▍Revenue ¥1.78B, −13,7% YoY
• ▍Operating income −56,5% YoY
• ▍Net income −65,1% YoY
• ▍Net margin 3.8%

Revenue ¥2.19B, +2,5% YoY; Operating income −23,0% YoY.

• ▍Revenue ¥2.19B, +2,5% YoY
• ▍Operating income −23,0% YoY
• ▍Net income −29,4% YoY
• ▍Net margin 5.0%

Revenue ¥2.68B, +4,8% YoY; Operating income +8,3% YoY.

• ▍Revenue ¥2.68B, +4,8% YoY
• ▍Operating income +8,3% YoY
• ▍Net income +13,4% YoY
• ▍Net margin 8.5%

Revenue ¥1.92B, +3,0% YoY; Operating income +37,5% YoY.

• ▍Revenue ¥1.92B, +3,0% YoY
• ▍Operating income +37,5% YoY
• ▍Net income +15,3% YoY
• ▍Net margin 7.0%

Revenue ¥2.06B; Operating income ¥232.8M.

• ▍Revenue ¥2.06B
• ▍Operating income ¥232.8M
• ▍Net margin 9.3%

Revenue ¥2.13B; Operating income ¥213.9M.

• ▍Revenue ¥2.13B
• ▍Operating income ¥213.9M
• ▍Net margin 7.2%

Revenue ¥2.55B; Operating income ¥317.8M.

• ▍Revenue ¥2.55B
• ▍Operating income ¥317.8M
• ▍Net margin 7.8%

Revenue ¥1.87B; Operating income ¥148.9M.

• ▍Revenue ¥1.87B
• ▍Operating income ¥148.9M
• ▍Net margin 6.3%

Revenue ¥8.56B, −0,6% YoY; Operating income −10,8% YoY.

• ▍Revenue ¥8.56B, −0,6% YoY
• ▍Operating income −10,8% YoY
• ▍Net income −18,9% YoY
• ▍Free cash flow −37,9% YoY
• ▍Net margin 6.3%

Revenue ¥8.62B, +22,7% YoY; Operating income +0,1% YoY.

• ▍Revenue ¥8.62B, +22,7% YoY
• ▍Operating income +0,1% YoY
• ▍Net income +2,7% YoY
• ▍Free cash flow −20,8% YoY
• ▍Net margin 7.7%

Revenue ¥7.02B, +4,7% YoY; Operating income +3,6% YoY.

• ▍Revenue ¥7.02B, +4,7% YoY
• ▍Operating income +3,6% YoY
• ▍Net income +8,4% YoY
• ▍Free cash flow +21,5% YoY
• ▍Net margin 9.2%

Revenue ¥6.71B, +19,9% YoY; Operating income +44,7% YoY.

• ▍Revenue ¥6.71B, +19,9% YoY
• ▍Operating income +44,7% YoY
• ▍Net income +20,4% YoY
• ▍Free cash flow +37,1% YoY
• ▍Net margin 8.9%