FFRI Security, Inc.

3692・Growth Market・Information & Communication

Official website

FFRI Security, Inc.

3692・Growth Market・Information & Communication

Official website

FFRI Security, Inc.3692

Reference Indicators

Market Cap

407¥100M

P/E (Forecast)

34.7x

P/B

10.4x

Dividend Yield (Forecast)

0.36%

ROE

33.5%

EV/EBITDA

26.2x

Financial Summary

Unit: ¥M

Item	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026
Net Sales	1,779	1,952	2,446	3,039	4,348
Cost of Sales	553	785	904	1,009	1,708
Gross Profit	1,226	1,167	1,542	2,029	2,640
SG&A Expenses	1,122	964	1,044	1,212	1,276
Operating Income	103	202	497	817	1,364
Non-operating Income	53	44	43	63	95
Non-operating Expenses	0	0	0	0	0
Ordinary Income	156	247	540	880	1,458
Extraordinary Income	0	—	—	—	—
Pre-tax Income	156	247	540	880	1,458
Income Taxes	35	60	108	193	358
Net Income	120	187	432	687	1,099
EBITDA	156	257	540	861	1,429
Gross Margin	68.9%	59.8%	63.0%	66.8%	60.7%
Operating Margin	5.8%	10.4%	20.3%	26.9%	31.4%
ROA	4.9%	7.1%	12.8%	15.9%	18.7%
ROE	6.7%	10.8%	22.0%	27.6%	33.5%

Segment Performance

Unit: ¥M

2026

Segment	Net Sales	Operating Income	Operating Margin
サイバー・セキュリティ事業	3,987	1,430	35.9%
ソフトウェア開発・テスト事業	361	24	6.6%