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196A.T — Tokyo Stock Exchange Financial Technology (Fintech)

196a.T

¥284,00
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Mcap
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P/E
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EV / Rev
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Div yield
0,00 %
Op margin
6,7 %
ROE
7,2 %
Net margin
5,5 %
Debt / equity
0,00
Beta
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52w range
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Volume
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Day range
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About

196A.T provides financial technology solutions, primarily generating revenue through services related to financial infrastructure and fintech offerings.

Business. 196A.T provides financial technology solutions, primarily generating revenue through services related to financial infrastructure and fintech offerings.

Classification92 %
SectorTechnology
Business sectorFinancial Technology (Fintech) & Infrastructure
IndustryFinancial Technology (Fintech)
Generated · model-assisted
Sell-side consensus
—consensus pending
— buy— hold— sell
Avg 12m price target—
Upcoming events
— missing data
See all catalysts →

At a glance

Score→
62
composite score
Valuation
—
valuation pending
Analysts
—
not yet wired
Ownership
—
not yet wired
Profitability→
7,2 %
return on equity
Quality→
57
quality score (0-100)

News & coverage

0
  • No recent newsroom coverage mentioning 196A.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,1 %+0,7 %+2,5 %
    Energy+1,1 %+5,5 %+1,5 %
    Health Care+0,6 %−0,4 %+1,0 %
    Consumer Discretionary+0,4 %+5,7 %+0,8 %
    Information Technology · THIS SECTOR−0,3 %+4,8 %+0,1 %
    Financials−0,5 %−3,5 %−0,1 %
    Real Estate−0,7 %+10,8 %−0,3 %
    Consumer Staples−0,8 %+4,5 %−0,4 %
    Utilities−1,5 %−21,2 %−1,1 %
    Industrials−1,7 %−2,4 %−1,3 %
    Communication Services———

    Developing storylines

    No tracked sagas currently linked to 196A.T. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-06-25 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-06-25 · SE
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-07-08 · AU
    • Rate decisionBank of Canada rate decision (press conf.)2026-07-15 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-07-16 · EU
    • Rate decisionBank of Japan rate decision (press conf.)2026-07-16 · JP
    • Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Composite score62 / 100
    Composite score 0-100 · Data quality 0,57
    Data quality0,57 / 1.00

    Synthesis

    Business

    196A.T provides financial technology solutions, primarily generating revenue through services related to financial infrastructure and fintech offerings.

    Classification92 %
    SectorTechnology
    Business sectorFinancial Technology (Fintech) & Infrastructure
    IndustryFinancial Technology (Fintech)
    AI synthesis
    GENERATED

    196A.T maintains a strong liquidity position, with cash and equivalents amounting to ¥1.82 billion, representing 71.8% of total assets. The company has no long-term debt and a debt-to-equity ratio of 0.0, indicating a conservative capital structure. The current ratio of 7.31 further supports its ability to meet short-term obligations without reliance on external financing.

    Profitability metrics show a return on equity (ROE) of 7.18% and a return on assets (ROA) of 6.31%, both of which are below the industry median for financial technology firms. The operating margin is 6.72% (¥196.1 million operating income on ¥2.92 billion revenue), and the net margin is 5.49% (¥160.1 million net income on ¥2.92 billion revenue). These figures suggest that the company is generating solid but not exceptional returns relative to its asset base and equity.

    The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of segmentation and geographic exposure increases the risk of revenue volatility due to market-specific factors. The company does not report revenue by region, making it difficult to assess geographic concentration risk.

    Looking ahead, the company is projected to maintain a stable growth trajectory, with no significant changes in revenue expected in the next fiscal year. Historical revenue growth has been modest, and the company has not disclosed any major expansion plans or new product launches that would drive substantial revenue increases.

    Risk factors for 196A.T include the absence of long-term debt, which reduces the likelihood of near-term dilution. The company has no immediate filing-based liquidity or dilution flags, and the dilution potential is assessed as low. No recent equity issuances or ATM/shelf disclosures have been reported, and the company's capital structure remains stable.

    Recent events include the filing of the latest financial results, which show a net income of ¥160.1 million and revenue of ¥2.92 billion. No significant regulatory or operational events have been disclosed in the most recent filings or transcripts. The company's financial performance appears to be in line with analyst estimates, with the last actual EPS at ¥17.64 and revenue at ¥2.92 billion.

    Key takeaways
    • 196A.T has a strong liquidity position with no long-term debt and a high current ratio.
    • The company's profitability metrics are below the industry median for financial technology firms.
    • Revenue is concentrated in a single business segment with no disclosed geographic diversification.
    • The company is projected to maintain a stable growth trajectory with no significant changes in revenue expected.
    • The risk of dilution is low, and the company has no immediate filing-based liquidity or dilution flags.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    ¥284,00
    Market cap
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    Enterprise valueⓘ
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    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
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    EV / Op incomeⓘ
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    EV / OCFⓘ
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    P / Bⓘ
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    P / Tangible bookⓘ
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    Tangible book
    ¥2.23B
    Net cashⓘ
    ¥1.82B
    Current ratioⓘ
    7.3
    Debt / equityⓘ
    0.0
    ROAⓘ
    6.3%
    ROEⓘ
    7.2%
    Cash conversionⓘ
    73.0%
    CapEx / revenueⓘ
    -0.2%
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Forward curve

    — missing data

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    — missing data

    Benchmarks vs cohort

    Op Margin6,7 %Above median
    Net Margin5,5 %Above median
    ROE7,2 %Above median
    Capex / Rev-0,2 %Above P75
    D/E0,00Above P75
    Cash Conv0,73Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • 196A.T Market data — financials · 2026-05-26
    • MFS Inc Market data — analyst estimates · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    196A.TCanonical
    Tokyo Stock Exchange · JPY

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-06-25 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage