Keyware Solutions Inc.

3799・Standard Market・Information & Communication

Official website

Keyware Solutions Inc.

3799・Standard Market・Information & Communication

Official website

Keyware Solutions Inc.3799

Reference Indicators

Market Cap

97¥100M

P/E (Forecast)

11.0x

P/B

1.1x

Dividend Yield (Forecast)

3.77%

ROE

10.3%

EV/EBITDA

4.5x

Financial Summary

Unit: ¥M

Item	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026
Net Sales	18,427	19,173	20,511	21,101	22,724
Cost of Sales	15,466	15,732	16,675	17,071	18,033
Gross Profit	2,961	3,441	3,836	4,029	4,691
SG&A Expenses	2,410	2,702	2,962	3,108	3,560
Operating Income	551	738	873	921	1,130
Non-operating Income	286	275	257	318	83
Non-operating Expenses	82	92	41	15	18
Ordinary Income	755	921	1,090	1,224	1,196
Extraordinary Income	—	—	—	237	3
Extraordinary Losses	—	186	1	135	—
Pre-tax Income	755	734	1,088	1,326	1,199
Income Taxes	199	251	358	294	397
Net Income	556	482	729	1,031	801
EBITDA	631	820	1,081	1,165	1,400
Gross Margin	16.1%	17.9%	18.7%	19.1%	20.6%
Operating Margin	3.0%	3.9%	4.3%	4.4%	5.0%
ROA	5.2%	4.3%	5.8%	9.6%	6.7%
ROE	7.5%	6.2%	8.9%	12.7%	10.3%

Segment Performance

Unit: ¥M

2026

Segment	Net Sales	Operating Income	Operating Margin
システム開発事業	13,439	476	3.5%
SI事業	6,815	596	8.7%
その他事業	2,469	83	3.4%