5248—60

Technologies Inc

SoftwareVerified

Score breakdown

Profitability+12Sentiment+30Risk penalty-3Missing signals-3

Quality breakdown

Key fields100Profile38Conclusion97AI synthesis40Observations23

Technologies Inc has a highly leveraged capital structure, with a debt-to-equity ratio of 6.47, indicating significant reliance on debt financing [doc:HA-latest]. The company's liquidity position is moderate, as reflected by a current ratio of 1.12, and it holds JPY 2,594,292,000 in cash and equivalents, which is insufficient to cover its long-term debt of JPY 9,915,371,000 [doc:HA-latest]. The negative operating and free cash flows of JPY -685,862,000 and JPY -109,181,000, respectively, suggest ongoing cash flow challenges [doc:HA-latest]. Profitability metrics show a return on equity of 17.41%, which is strong, but the return on assets of 1.15% is weak, indicating inefficient use of assets to generate returns [doc:HA-latest]. The company's operating income of JPY 1,847,674,000 and gross profit of JPY 3,533,650,000 suggest it is generating revenue from its IT and SaaS offerings, but the low ROA implies that asset-heavy operations or high overheads are limiting overall efficiency [doc:HA-latest]. The company operates through two segments: IT Solutions and SaaS. The IT Solutions segment includes video software, AI-based systems, and the SAZANAMI SYSTEM for financial trading. The SaaS segment includes a business management system for staffing agencies and the Circle sales enablement tool [doc:HA-latest]. The company's geographic exposure is primarily concentrated in Japan, with no disclosed international revenue segments [doc:HA-latest]. The company's growth trajectory is not clearly defined in the provided data, but its revenue of JPY 10,149,087,000 and net income of JPY 266,884,000 suggest it is maintaining operations in a competitive market [doc:HA-latest]. The absence of forward-looking guidance in the input data limits the ability to assess future growth potential [doc:HA-latest]. The risk assessment indicates a medium liquidity risk and a low dilution risk. The company's negative net cash position after subtracting total debt is a key flag, suggesting potential refinancing or liquidity challenges [doc:HA-latest]. The low dilution risk is supported by the absence of significant share issuance activity in the data [doc:HA-latest]. Recent events include the disclosure of financial results showing a negative operating cash flow and free cash flow, which may signal operational inefficiencies or capital expenditure pressures [doc:HA-latest]. No recent filings or transcripts are provided to assess management commentary or strategic direction [doc:HA-latest].

30-day price · 5248+114.00 (+25.9%)

Low$426.00High$586.00Close$555.00As of12 May, 00:00 UTC

Profile

CompanyTechnologies Inc

Ticker5248.T

SectorTechnology

BusinessSoftware & IT Services

Industry groupSoftware & IT Services

IndustrySoftware

AI analysis

Business. Technologies Inc provides IT solutions and SaaS products, including video software for entertainment, AI-based systems, financial trading software SAZANAMI SYSTEM, a business management system for staffing agencies, and a sales enablement tool called Circle [doc:HA-latest].

Classification. Technologies Inc is classified under the Technology economic sector, Software & IT Services business sector, and Software industry with a confidence level of 0.92 [doc:verified market data].

Key takeaways

Technologies Inc has a strong return on equity but a weak return on assets, indicating asset inefficiency.
The company is highly leveraged, with a debt-to-equity ratio of 6.47, and faces liquidity challenges.
Negative operating and free cash flows suggest ongoing cash flow constraints.
The company operates in two segments: IT Solutions and SaaS, with a focus on Japan.
The risk assessment highlights medium liquidity risk and low dilution risk.
The absence of forward-looking guidance and international revenue data limits visibility into growth potential.
--
# RATIONALES

Financial snapshot

PeriodHA-latest

CurrencyJPY

Revenue$10.15B

Gross profit$3.53B

Operating income$1.85B

Net income$266.9M

R&D—

SG&A—

D&A—

SBC—

Operating cash flow-$685.9M

CapEx-$1.47B

Free cash flow-$109.2M

Total assets$23.26B

Total liabilities$21.73B

Total equity$1.53B

Cash & equivalents$2.59B

Long-term debt$9.92B

Annual history (last 5)

PeriodRevenueOp IncomeNet IncomeFCF

FY0$10.15B$1.85B$266.9M-$109.2M

FY-1$13.90B$1.76B$265.9M$312.1M

FY-2$7.13B$964.7M$149.8M$453.4M

FY-3$1.08B$125.4M$74.6M$50.7M

FY-4$789.3M$62.0M$81.3M$85.3M

PeriodGross %Op %Net %FCF %

FY0————

FY-1————

FY-2————

FY-3————

FY-4————

PeriodAssetsEquityCashDebt

FY0$23.26B$1.53B$2.59B—

FY-1$18.95B$1.27B$2.36B—

FY-2$16.75B$989.2M$3.67B—

FY-3$1.02B$708.1M$612.9M—

FY-4$589.9M$357.5M$263.5M—

PeriodOCFCapExFCFSBC

FY0-$685.9M-$1.47B-$109.2M—

FY-1$414.5M-$716.7M$312.1M—

FY-2$959.5M-$293.1M$453.4M—

FY-3$64.0M-$30.1M$50.7M—

FY-4$132.0M-$822.0k$85.3M—

Quarterly history (last 4)

PeriodRevenueOp IncomeNet IncomeFCF

FQ0$4.37B$1.14B$187.9M—

FQ-1$1.66B-$222.8M-$68.5M—

FQ-2$1.64B$296.3M$21.0M—

FQ-3$2.48B$631.0M$126.4M—

FQ-4$5.51B$945.7M$166.7M—

FQ-5$3.85B$619.9M$129.4M—

FQ-6$2.80B$212.2M$18.1M—

FQ-7$1.75B$3.8M-$39.7M—

PeriodGross %Op %Net %FCF %

FQ0————

FQ-1————

FQ-2————

FQ-3————

FQ-4————

FQ-5————

FQ-6————

FQ-7————

PeriodAssetsEquityCashDebt

FQ0$23.26B$1.53B$2.59B—

FQ-1$19.71B$1.35B$3.07B—

FQ-2$18.97B$1.41B$4.21B—

FQ-3$18.15B$1.39B$4.48B—

FQ-4$18.95B$1.27B$2.36B—

FQ-5$17.37B$1.14B$3.57B—

FQ-6$17.30B$973.6M$4.57B—

FQ-7$16.71B$910.8M$5.41B—

PeriodOCFCapExFCFSBC

FQ0-$685.9M-$1.47B——

FQ-1————

FQ-2$1.51B-$873.5M——

FQ-3————

FQ-4$414.5M-$716.7M——

FQ-5————

FQ-6$1.83B-$111.0M——

FQ-7————

Valuation

Market price—

Market cap—

Enterprise value—

P/E—

Reported non-GAAP P/E—

EV/Revenue—

EV/Op income—

EV/OCF—

P/B—

P/Tangible book—

Tangible book$1.53B

Net cash-$7.32B

Current ratio1.1

Debt/Equity6.5

ROA1.1%

ROE17.4%

Cash conversion-2.6%

CapEx/Revenue-14.5%

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Industry benchmarks

Activity: Software · cohort 5 companies

Metric5248Activity

Op margin18.2%-4.8% medp25 -25.9% · p75 4.8%top quartile

Net margin2.6%-3.0% medp25 -21.8% · p75 1.7%top quartile

Gross margin34.8%76.3% medp25 73.4% · p75 79.5%bottom quartile

R&D / revenue—24.3% medp25 12.6% · p75 50.3%

CapEx / revenue-14.5%1.0% medp25 0.4% · p75 1.2%bottom quartile

Debt / equity647.0%-107.0% medp25 -107.0% · p75 -107.0%top quartile

Recent coverage

Recent coverage8 article(s) mentioning 5248.T

2026-05-11Google thwarts AI-driven mass exploitation attempt by hacker groupHackers are increasingly leveraging AI to identify and exploit software vulnerabilities, raising concerns over cybersecurity risks.2026-05-03Used EV sales surge 27.7% in March as ownership costs draw attentionWith new EV purchases slowing, used electric vehicles are gaining traction, but buyers must weigh the unique costs of ownership against thos…2026-05-01China’s EV price war turns into AI arms race beyond cheaper carsChina’s EV price war turns into AI arms race beyond cheaper cars.2026-04-29US Senators Press AI Firms on Safeguards Against China RisksLawmakers are intensifying scrutiny of artificial intelligence companies over their data security and export controls related to China, sign…2026-04-29Google and Microsoft Earnings to Test Strength of AI Stock BoomThe performance of Alphabet and Microsoft in their upcoming earnings reports will serve as a key indicator of investor confidence in the art…2026-04-28Cyber Command Develops AI-Driven Cyber Warfare PlaybookThe U.S. Cyber Command is advancing its strategy to integrate artificial intelligence into cyber operations, according to a report.2026-04-28OpenAI-Linked Stocks Drop Amid Reports of Startup Performance ShortfallsOpenAI-Linked Stocks Slump on Report of Startup’s Missed Targets.2026-04-28True Anomaly raises $650 million to scale space interceptors for Trump's Golden DomeThe Colorado-based startup, which is now valued at $2.2 billion, aims to expand manufacturing and double its workforce by year-end.

Observations

IR observations

Last actual EPS15.77 JPY

Last actual revenue10,149,090,000 JPY

Competitor context

MSFTMicrosoftUSPeer

Derived from classification anchor Software.

Software, Software & IT Services, Technology

CRMSalesforceUSPeer

Derived from classification anchor Software.

Software, Software & IT Services, Technology

NOWServiceNowUSPeer

Derived from classification anchor Software.

Software, Software & IT Services, Technology

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

Company fundamentalsperiod FQ-7 · history via verified-market-data

no public URL

2026-05-10 01:56 UTC#e204a50e

Market quoteclose JPY 472.00 · shares 0.02B diluted

no public URL

2026-05-05 08:21 UTC#cbe85ab2

Source: analysis-pipeline (hybrid)Generated: 2026-05-13 00:07 UTCJob: a0185b78