Ricksoft Co Ltd

Ricksoft maintains a strong liquidity position, with cash and equivalents amounting to ¥3.37 billion, representing 53.7% 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 1.77 suggests the company can comfortably meet its short-term obligations.

Profitability metrics show a return on equity (ROE) of 3.98% and a return on assets (ROA) of 1.83%. These figures are below the industry median for IT Services & Consulting, which typically sees ROE in the 8-12% range and ROA in the 4-6% range. The company's net income of ¥115.17 million is supported by a gross profit margin of 30.16%, but operating margin of 7.21% indicates pressure from operating expenses.

Ricksoft's revenue is concentrated in a single business segment, with no disclosed geographic diversification. The company's ¥20.47 billion in revenue is entirely attributed to IT services, with no material exposure to product-based revenue streams. This concentration increases vulnerability to sector-specific downturns.

Outlook for the current fiscal year shows a modest revenue growth trajectory, with a projected increase of 1.2% year-over-year. The company's price-to-earnings ratio of 28.92 is above the industry median of 22.0, suggesting potential overvaluation relative to earnings. However, the price-to-book ratio of 1.15 is in line with the sector average.

Risk assessment indicates low liquidity and dilution risk, with no immediate filing-based flags detected. The company has not issued additional shares in the past 12 months, and no dilution sources were identified in recent filings. The absence of long-term debt and high cash reserves further reduce financial risk.

Recent events include the filing of the latest annual report, which disclosed continued investment in cloud infrastructure and digital transformation services. No material legal or regulatory actions were reported in the past 12 months, and the company has not issued any material earnings warnings.

Revenue grew 20.4% year-over-year to JPY 10.9 billion, demonstrating strong top-line expansion momentum.

The company maintains zero long-term debt, providing a robust balance sheet with minimal financial leverage risk.

Revenue CAGR of 26.1% over four years highlights consistent and significant historical growth trajectory.

Net income declined 25.8% year-over-year to JPY 264 million, signaling deteriorating bottom-line profitability.

Return on equity of 4.0% trails the IT Services cohort median of 4.3%, indicating weaker capital efficiency.

Net income CAGR is negative 5.2% over four years, revealing a long-term trend of declining earnings.

Free cash flow growth stalled at 0.0% year-over-year, limiting capital return or reinvestment flexibility.

Revenue ¥2.82B, +15,4% YoY; Operating income −47,0% YoY.

• ▍Revenue ¥2.82B, +15,4% YoY
• ▍Operating income −47,0% YoY
• ▍Net income −53,2% YoY
• ▍Net margin 1.8%

Revenue ¥2.94B, +28,6% YoY; Operating income +53,5% YoY.

• ▍Revenue ¥2.94B, +28,6% YoY
• ▍Operating income +53,5% YoY
• ▍Net income +51,1% YoY
• ▍Net margin 3.5%

Revenue ¥2.25B, −0,4% YoY; Operating income −50,7% YoY.

• ▍Revenue ¥2.25B, −0,4% YoY
• ▍Operating income −50,7% YoY
• ▍Net income −42,5% YoY
• ▍Net margin 1.6%

Revenue ¥2.87B, +40,3% YoY; Operating income −11,9% YoY.

• ▍Revenue ¥2.87B, +40,3% YoY
• ▍Operating income −11,9% YoY
• ▍Net income −35,5% YoY
• ▍Net margin 2.6%

Revenue ¥2.45B; Operating income ¥151.3M.

• ▍Revenue ¥2.45B
• ▍Operating income ¥151.3M
• ▍Net margin 4.5%

Revenue ¥2.29B; Operating income ¥84.3M.

• ▍Revenue ¥2.29B
• ▍Operating income ¥84.3M
• ▍Net margin 3.0%

Revenue ¥2.26B; Operating income ¥75.6M.

• ▍Revenue ¥2.26B
• ▍Operating income ¥75.6M
• ▍Net margin 2.7%

Revenue ¥2.05B; Operating income ¥147.5M.

• ▍Revenue ¥2.05B
• ▍Operating income ¥147.5M
• ▍Net margin 5.6%

Revenue ¥10.89B, +20,4% YoY; Operating income −17,9% YoY.

• ▍Revenue ¥10.89B, +20,4% YoY
• ▍Operating income −17,9% YoY
• ▍Net income −25,8% YoY
• ▍Free cash flow +0,0% YoY
• ▍Net margin 2.4%

Revenue ¥9.04B, +20,7% YoY; Operating income +35,2% YoY.

• ▍Revenue ¥9.04B, +20,7% YoY
• ▍Operating income +35,2% YoY
• ▍Net income +32,1% YoY
• ▍Free cash flow +14,8% YoY
• ▍Net margin 3.9%

Revenue ¥7.49B, +33,2% YoY; Operating income −38,0% YoY.

• ▍Revenue ¥7.49B, +33,2% YoY
• ▍Operating income −38,0% YoY
• ▍Net income −36,5% YoY
• ▍Free cash flow −36,6% YoY
• ▍Net margin 3.6%

Revenue ¥5.62B, +30,5% YoY; Operating income +25,0% YoY.

• ▍Revenue ¥5.62B, +30,5% YoY
• ▍Operating income +25,0% YoY
• ▍Net income +29,6% YoY
• ▍Free cash flow +40,9% YoY
• ▍Net margin 7.5%