Vertex Corp

Vertex Corp maintains a conservative capital structure characterized by low leverage and strong liquidity. The company holds JPY 18.0 billion in cash and equivalents against JPY 5.99 billion in long-term debt, resulting in a debt-to-equity ratio of 0.13. This balance sheet strength is reflected in a current ratio of 2.67, indicating ample short-term assets to cover liabilities. The firm generates robust free cash flow of JPY 8.41 billion, which exceeds its operating cash flow of JPY 5.35 billion due to negative capital expenditures of JPY 1.96 billion, suggesting a mature asset base requiring minimal reinvestment.

Profitability metrics demonstrate high efficiency relative to the capital employed. The company reports a return on equity (ROE) of 23.22% and a return on assets (ROA) of 15.62%. These returns are supported by a gross profit of JPY 14.95 billion and an operating income of JPY 12.98 billion on total revenue of JPY 46.52 billion. The net income stands at JPY 10.32 billion, indicating effective cost control and tax management. While cohort median comparisons are not provided in the input, the absolute levels of ROE and ROA suggest strong operational performance within the materials sector.

Revenue concentration and geographic exposure details are absent from the provided data. The financial snapshot does not break down revenue by segment or region, preventing an analysis of diversification risks or specific market dependencies. The company’s total revenue of JPY 46.52 billion represents its consolidated performance, but the specific drivers within the construction materials industry remain unspecified in the available segments data.

Growth trajectory analysis is limited by the absence of historical period data. The current revenue figure of JPY 46.52 billion serves as the baseline, but without prior annual or quarterly figures, year-over-year growth rates cannot be calculated. Analyst estimates suggest a forward revenue expectation of JPY 54.55 billion, implying a potential growth trajectory if these estimates are realized. However, the last actual revenue was JPY 46.519 billion, and the lack of historical trend data prevents a definitive assessment of the company’s growth momentum.

Risk assessment indicates low liquidity and dilution risks. The risk assessment section explicitly states no immediate filing-based liquidity or dilution flags were detected. The low dilution risk is corroborated by the financial snapshot, which shows identical basic and diluted shares outstanding at 49.21 million, indicating no significant options or convertible securities currently impacting share count. The primary risk appears to be operational or market-related, given the low confidence in the industry classification, which may reflect ambiguity in the company’s specific business activities.

Recent events and management signals are sparse. The IR observations highlight a significant discrepancy between analyst estimates and actual performance. The mean EPS estimate is JPY 106.40, while the last actual EPS was JPY 207.95, suggesting the company may have outperformed expectations or that estimates are lagging. Similarly, the mean revenue estimate of JPY 54.55 billion exceeds the last actual revenue of JPY 46.519 billion, indicating anticipated growth or a correction in analyst models. No specific filing, news, or transcript observations are provided to contextualize these figures further.

Revenue ¥15.53B, +47,3% YoY; Operating income +3,0% YoY.

• ▍Revenue ¥15.53B, +47,3% YoY
• ▍Operating income +3,0% YoY
• ▍Net income −27,9% YoY
• ▍Net margin 8.4%

Revenue ¥13.34B, +28,6% YoY; Operating income +350,7% YoY.

• ▍Revenue ¥13.34B, +28,6% YoY
• ▍Operating income +350,7% YoY
• ▍Net income +386,7% YoY
• ▍Net margin 56.7%

Revenue ¥8.95B, −8,3% YoY; Operating income −19,8% YoY.

• ▍Revenue ¥8.95B, −8,3% YoY
• ▍Operating income −19,8% YoY
• ▍Net income −36,9% YoY
• ▍Net margin 8.8%

Revenue ¥8.70B, +5,6% YoY; Operating income +89,5% YoY.

• ▍Revenue ¥8.70B, +5,6% YoY
• ▍Operating income +89,5% YoY
• ▍Net income +213,8% YoY
• ▍Net margin 7.6%

Revenue ¥10.54B; Operating income ¥2.21B.

• ▍Revenue ¥10.54B
• ▍Operating income ¥2.21B
• ▍Net margin 17.3%

Revenue ¥10.37B; Operating income ¥1.86B.

• ▍Revenue ¥10.37B
• ▍Operating income ¥1.86B
• ▍Net margin 15.0%

Revenue ¥9.77B; Operating income ¥1.56B.

• ▍Revenue ¥9.77B
• ▍Operating income ¥1.56B
• ▍Net margin 12.7%

Revenue ¥8.24B; Operating income ¥563.4M.

• ▍Revenue ¥8.24B
• ▍Operating income ¥563.4M
• ▍Net margin 2.5%

Revenue ¥46.52B, +19,5% YoY; Operating income +109,5% YoY.

• ▍Revenue ¥46.52B, +19,5% YoY
• ▍Operating income +109,5% YoY
• ▍Net income +113,7% YoY
• ▍Free cash flow +104,5% YoY
• ▍Net margin 22.2%

Revenue ¥38.92B, +5,7% YoY; Operating income +10,4% YoY.

• ▍Revenue ¥38.92B, +5,7% YoY
• ▍Operating income +10,4% YoY
• ▍Net income +29,4% YoY
• ▍Free cash flow +31,7% YoY
• ▍Net margin 12.4%

Revenue ¥36.83B, −5,8% YoY; Operating income −0,1% YoY.

• ▍Revenue ¥36.83B, −5,8% YoY
• ▍Operating income −0,1% YoY
• ▍Net income −0,4% YoY
• ▍Free cash flow +17,9% YoY
• ▍Net margin 10.1%

Revenue ¥39.10B, +4,2% YoY; Operating income −7,1% YoY.

• ▍Revenue ¥39.10B, +4,2% YoY
• ▍Operating income −7,1% YoY
• ▍Net income −11,8% YoY
• ▍Free cash flow +2,7% YoY
• ▍Net margin 9.6%