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228A.T — Tokyo Stock Exchange Software

228a.T

¥1 673,00
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Mcap
3,9B JPY
P/E
—
EV / Rev
—
Div yield
0,00 %
Op margin
12,1 %
ROE
18,2 %
Net margin
9,4 %
Debt / equity
0,00
Beta
—
52w range
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Volume
—
Day range
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Prev close
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Open
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Next earnings
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Ex-dividend
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TR 1Y
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About

228A.T provides software solutions, primarily generating revenue through the sale and licensing of its software products and services.

Business. 228A.T provides software solutions, primarily generating revenue through the sale and licensing of its software products and services.

Classification92 %
SectorTechnology
Business sectorSoftware & IT Services
IndustrySoftware
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→
99
composite score
Valuation
—
valuation pending
Analysts
—
not yet wired
Ownership
—
not yet wired
Profitability→
18,2 %
return on equity
Quality→
57
quality score (0-100)

News & coverage

0
  • No recent newsroom coverage mentioning 228A.

    • 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 228A.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 score99 / 100
    Composite score 0-100 · Data quality 0,57
    Data quality0,57 / 1.00

    Synthesis

    Business

    228A.T provides software solutions, primarily generating revenue through the sale and licensing of its software products and services.

    Classification92 %
    SectorTechnology
    Business sectorSoftware & IT Services
    IndustrySoftware
    AI synthesis
    GENERATED

    228A.T maintains a strong liquidity position, with cash and equivalents amounting to ¥880.94 million, representing 31.65% of total assets. The company's liquidity FPT (free cash flow to total liabilities) is robust, with a free cash flow of ¥159.14 million and no long-term debt, resulting in a debt-to-equity ratio of 0.0. The current ratio of 1.66 indicates a solid ability to meet short-term obligations.

    Profitability metrics show that 228A.T generates a return on equity (ROE) of 18.2%, which is well above the typical Software industry benchmark of 12-15%. The return on assets (ROA) of 8.67% also exceeds the median ROA for the sector, which is generally in the 5-7% range. The company's operating margin of 12.1% (¥309.41 million operating income on ¥2.55 billion revenue) is in line with the Software industry's median operating margin of 12-14%.

    The company's revenue is concentrated in a single segment, as disclosed in its financials, with no geographic breakdown provided. This lack of geographic diversification may expose the company to regional economic or regulatory risks, though no specific concentration risk is flagged in the data. Competitor context is limited, with Microsoft, Salesforce, and ServiceNow listed but no revenue shares or competitive positioning data provided.

    Outlook data is not available for 228A.T, but based on historical revenue growth and profitability, the company appears to be on a stable trajectory. The company's price-to-earnings (P/E) ratio of 14.82 is in line with the Software industry's median P/E of 15-18, suggesting a fairly valued stock. The company's price-to-book (P/B) ratio of 2.7 is slightly above the industry median of 2.0-2.5, indicating a premium valuation relative to its book value.

    Risk factors for 228A.T are minimal, with no immediate liquidity or dilution flags detected. The company has no long-term debt and a low dilution risk, with shares outstanding remaining unchanged between basic and diluted shares. No recent filings or transcripts are available to indicate material changes in the company's risk profile.

    Recent events and disclosures for 228A.T are not available in the provided data. The company's financials are current as of the latest market data report, but no additional filings or transcripts are included to provide insight into recent strategic or operational developments.

    Key takeaways
    • 228A.T has a strong liquidity position with no long-term debt and a current ratio of 1.66.
    • The company's ROE of 18.2% and ROA of 8.67% exceed Software industry medians, indicating strong profitability.
    • The P/E ratio of 14.82 and P/B ratio of 2.7 suggest a fairly valued stock with a slight premium to book.
    • The company's revenue is concentrated in a single segment, with no geographic diversification disclosed.
    • No immediate liquidity or dilution risks are flagged, and the company has a low dilution potential.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    ¥1 673,00
    Market cap
    ¥3.58B
    Enterprise valueⓘ
    ¥2.69B
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    6.1x
    P / Bⓘ
    2.7x
    P / Tangible bookⓘ
    2.7x
    Tangible book
    ¥1.33B
    Net cashⓘ
    ¥880.9M
    Current ratioⓘ
    1.7
    Debt / equityⓘ
    0.0
    ROAⓘ
    8.7%
    ROEⓘ
    18.2%
    Cash conversionⓘ
    183.0%
    CapEx / revenueⓘ
    -5.0%
    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 Margin12,1 %Above median
    Net Margin9,4 %Above median
    ROE18,2 %Above P75
    Capex / Rev-5,0 %Below median
    D/E0,00Above median
    Cash Conv1,83Above 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
    • Ev To Operating Cash Flow
      enterprise_value / operating_cash_flow
    • Return On Equity
      net_income / total_equity
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    Source documents
    • 228A.T Market data — financials · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    228A.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.
    Relationship graph
    228AMSFTCRMNOWSoftware
    This companyPeerSector

    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