Tesec Corp

Tesec Corp maintains a strong liquidity position with JPY 3.86 billion in cash and equivalents, representing 23.9% of total assets, and a current ratio of 8.19, well above the industry median of 2.1. The company is debt-free, with zero long-term debt and a debt-to-equity ratio of 0.0, indicating a conservative capital structure.

Profitability metrics show a return on equity (ROE) of 3.23% and return on assets (ROA) of 2.9%, both below the industry median ROE of 6.8% and ROA of 4.2%. Gross margin of 45.3% (JPY 973 million gross profit on JPY 2.15 billion revenue) is in line with the industry median of 44.7%, but operating margin of 24.2% (JPY 520 million operating income) is below the median of 28.5%.

The company operates as a single business segment with 100% revenue concentration in its domestic market, according to disclosed segments. No international revenue breakdown is available in the latest filings.

Recent financial performance shows a 12.3% year-over-year revenue decline to JPY 2.15 billion, with operating income down 18.5% to JPY 520 million. Analysts estimate a 6.7% revenue contraction in the current fiscal year, with no improvement expected in the next fiscal year.

Risk assessment indicates low liquidity and dilution risk, with no immediate filing-based flags detected. The company has no dilution potential in basic shares and maintains a stable share count of 5.21 million outstanding shares.

Recent events include a 12.3% revenue decline in the latest reported period, with operating cash flow of JPY 872 million and capital expenditures of JPY 295 million. No material regulatory or geopolitical events were disclosed in the latest filings.

Revenue ¥1.37B, −17,5% YoY; Operating income −72,4% YoY.

• ▍Revenue ¥1.37B, −17,5% YoY
• ▍Operating income −72,4% YoY
• ▍Net income −74,9% YoY
• ▍Net margin 5.3%

Revenue ¥1.56B, +19,0% YoY; Operating income +43,3% YoY.

• ▍Revenue ¥1.56B, +19,0% YoY
• ▍Operating income +43,3% YoY
• ▍Net income +325,5% YoY
• ▍Net margin 12.8%

Revenue ¥1.07B, −17,4% YoY; Operating income −152,4% YoY.

• ▍Revenue ¥1.07B, −17,4% YoY
• ▍Operating income −152,4% YoY
• ▍Net income −82,9% YoY
• ▍Net margin 1.3%

Revenue ¥1.62B, −24,4% YoY; Operating income −91,5% YoY.

• ▍Revenue ¥1.62B, −24,4% YoY
• ▍Operating income −91,5% YoY
• ▍Net income −98,5% YoY
• ▍Net margin 0.4%

Revenue ¥1.66B; Operating income ¥228.0M.

• ▍Revenue ¥1.66B
• ▍Operating income ¥228.0M
• ▍Net margin 17.5%

Revenue ¥1.31B; Operating income ¥141.0M.

• ▍Revenue ¥1.31B
• ▍Operating income ¥141.0M
• ▍Net margin 3.6%

Revenue ¥1.29B; Operating income ¥21.0M.

• ▍Revenue ¥1.29B
• ▍Operating income ¥21.0M
• ▍Net margin 6.3%

Revenue ¥2.15B; Operating income ¥520.0M.

• ▍Revenue ¥2.15B
• ▍Operating income ¥520.0M
• ▍Net margin 21.8%

Revenue ¥5.89B, −31,6% YoY; Operating income −74,9% YoY.

• ▍Revenue ¥5.89B, −31,6% YoY
• ▍Operating income −74,9% YoY
• ▍Net income −71,8% YoY
• ▍Free cash flow −125,0% YoY
• ▍Net margin 7.2%

Revenue ¥8.62B, −1,4% YoY; Operating income −16,7% YoY.

• ▍Revenue ¥8.62B, −1,4% YoY
• ▍Operating income −16,7% YoY
• ▍Net income −32,8% YoY
• ▍Free cash flow −57,4% YoY
• ▍Net margin 17.6%

Revenue ¥8.74B, +16,4% YoY; Operating income +18,8% YoY.

• ▍Revenue ¥8.74B, +16,4% YoY
• ▍Operating income +18,8% YoY
• ▍Net income +30,9% YoY
• ▍Free cash flow +2,8% YoY
• ▍Net margin 25.8%

Revenue ¥7.51B, +117,8% YoY; Operating income +490,2% YoY.

• ▍Revenue ¥7.51B, +117,8% YoY
• ▍Operating income +490,2% YoY
• ▍Net income +695,9% YoY
• ▍Free cash flow +529,9% YoY
• ▍Net margin 22.9%