Living Technologies Inc

Living Technologies Inc maintains a strong liquidity position, with cash and equivalents amounting to ¥10.3 billion, representing nearly 48% of its total assets. The company's liquidity FPT (free cash flow to total debt) is robust, supported by a current ratio of 2.61 and a debt-to-equity ratio of 0.07, indicating minimal leverage and strong financial flexibility.

Profitability metrics show a return on equity (ROE) of 3.13% and a return on assets (ROA) of 2.19%, both below the typical thresholds for high-growth technology firms. The company's operating margin is 9.0%, and net margin is 5.2%, which are in line with the median for the Online Services industry.

Geographically, the company's revenue is concentrated in Japan, with no disclosed international segments. The lack of geographic diversification may expose the company to regional economic fluctuations, particularly in the technology sector.

The company's growth trajectory is modest, with a price-to-earnings (P/E) ratio of 76.32 and a price-to-book (P/B) ratio of 2.39, suggesting a premium valuation relative to its book value. The outlook for the current fiscal year indicates a stable revenue trend, with no significant growth expected in the near term.

Risk factors include low liquidity and dilution risk, with no immediate filing-based flags detected. The company's capital structure is conservative, with long-term debt at ¥104.07 million and no dilution pressure from recent share issuances.

Recent events include the latest financial filing, which reported revenue of ¥9.16 billion and net income of ¥47.35 million. The company's market price is ¥1,501, and its market capitalization is ¥3.61 billion, reflecting a relatively small market presence.

Operating income surged 21.7% year-over-year to 502 million JPY, demonstrating strong top-line and bottom-line momentum.

Net income grew 28.4% to 315 million JPY, significantly outpacing the modest 11.4% revenue increase.

Free cash flow expanded 21.1% to 322 million JPY, supporting robust internal capital generation capabilities.

Low dilution, liquidity, and credit risk flags suggest a stable financial profile with minimal immediate threats.

Revenue CAGR of -1.4% over four years indicates a long-term decline in top-line growth trajectory.

Cash conversion ratio of 0.97 falls below the cohort median of 1.06, suggesting less efficient cash generation.

Revenue ¥851.5M, +1,4% YoY; Operating income +7,3% YoY.

• ▍Revenue ¥851.5M, +1,4% YoY
• ▍Operating income +7,3% YoY
• ▍Net income +46,0% YoY
• ▍Net margin 5.9%

Revenue ¥894.6M, +1,0% YoY; Operating income +234,9% YoY.

• ▍Revenue ¥894.6M, +1,0% YoY
• ▍Operating income +234,9% YoY
• ▍Net income +359,8% YoY
• ▍Net margin 6.4%

Revenue ¥891.6M, +0,9% YoY; Operating income +180,2% YoY.

• ▍Revenue ¥891.6M, +0,9% YoY
• ▍Operating income +180,2% YoY
• ▍Net income +366,3% YoY
• ▍Net margin 14.1%

Revenue ¥966.4M, +5,5% YoY; Operating income +118,1% YoY.

• ▍Revenue ¥966.4M, +5,5% YoY
• ▍Operating income +118,1% YoY
• ▍Net income +105,2% YoY
• ▍Net margin 10.1%

Revenue ¥840.1M; Operating income ¥75.5M.

• ▍Revenue ¥840.1M
• ▍Operating income ¥75.5M
• ▍Net margin 4.1%

Revenue ¥885.6M; Operating income ¥34.2M.

• ▍Revenue ¥885.6M
• ▍Operating income ¥34.2M
• ▍Net margin 1.4%

Revenue ¥883.6M; Operating income ¥47.4M.

• ▍Revenue ¥883.6M
• ▍Operating income ¥47.4M
• ▍Net margin 3.0%

Revenue ¥916.3M; Operating income ¥82.3M.

• ▍Revenue ¥916.3M
• ▍Operating income ¥82.3M
• ▍Net margin 5.2%

Revenue ¥3.59B, +0,6% YoY; Operating income +125,6% YoY.

• ▍Revenue ¥3.59B, +0,6% YoY
• ▍Operating income +125,6% YoY
• ▍Net income +175,9% YoY
• ▍Free cash flow +165,6% YoY
• ▍Net margin 8.8%

Revenue ¥3.57B, +5,8% YoY; Operating income −51,8% YoY.

• ▍Revenue ¥3.57B, +5,8% YoY
• ▍Operating income −51,8% YoY
• ▍Net income −62,3% YoY
• ▍Free cash flow −57,2% YoY
• ▍Net margin 3.2%