System Integrator Corp.

3826・Standard Market・Information & Communication

Official website

System Integrator Corp.

3826・Standard Market・Information & Communication

Official website

System Integrator Corp.3826

Reference Indicators

Market Cap

50¥100M

P/E (Forecast)

12.2x

P/B

1.1x

Dividend Yield (Forecast)

2.46%

ROE

10.7%

EV/EBITDA

2.4x

Financial Summary

Unit: ¥M

Item	2022Feb 2022	2023Feb 2023	2024Feb 2024	2025Feb 2025	2026Feb 2026
Net Sales	4,817	4,486	4,835	4,768	5,558
Cost of Sales	3,132	2,909	3,207	3,219	3,635
Gross Profit	1,684	1,576	1,628	1,549	1,922
SG&A Expenses	1,097	1,169	1,300	1,277	1,327
Operating Income	587	406	328	271	595
Non-operating Income	2	9	7	34	11
Non-operating Expenses	0	0	0	4	37
Ordinary Income	588	416	336	302	569
Extraordinary Income	—	—	956	550	79
Extraordinary Losses	35	0	2	17	—
Pre-tax Income	553	415	1,290	835	648
Income Taxes	162	135	345	250	190
Net Income	391	280	944	583	458
EBITDA	790	634	516	421	732
Gross Margin	35.0%	35.1%	33.7%	32.5%	34.6%
Operating Margin	12.2%	9.1%	6.8%	5.7%	10.7%
ROA	10.9%	7.4%	19.9%	11.7%	8.1%
ROE	15.2%	10.0%	28.9%	14.1%	10.7%

Segment Performance

Unit: ¥M

2026

Segment	Net Sales	Operating Income	Operating Margin
Object Browser事業	831	327	39.4%
ERP事業	4,649	987	21.2%
AI事業	76	-3	-3.9%
その他	0	-60	0.0%