Internetworking and Broadband Consulting Co.,Ltd.

3920・Standard Market・Information & Communication

3920・Standard Market・Information & Communication

Internetworking and Broadband Consulting Co.,Ltd.3920

Reference Indicators

Market Cap

57¥100M

P/E (Forecast)

12.8x

P/B

2.4x

Dividend Yield (Forecast)

2.22%

ROE

19.7%

EV/EBITDA

6.8x

Financial Summary

Unit: ¥M

Item	2021Sep 2021	2022Sep 2022	2023Sep 2023	2024Sep 2024	2025Sep 2025
Net Sales	2,013	1,501	1,900	2,184	2,404
Cost of Sales	740	476	564	598	554
Gross Profit	1,272	1,024	1,336	1,586	1,849
SG&A Expenses	991	1,072	1,123	1,204	1,284
Operating Income	280	-48	212	382	565
Non-operating Income	10	29	25	51	16
Non-operating Expenses	17	4	3	22	6
Ordinary Income	273	-22	234	411	574
Extraordinary Income	19	—	—	13	2
Extraordinary Losses	8	7	94	131	1
Pre-tax Income	285	-29	139	293	575
Income Taxes	88	-12	69	41	165
Net Income	197	-17	70	251	410
EBITDA	349	5	269	437	602
Gross Margin	63.2%	68.3%	70.3%	72.6%	76.9%
Operating Margin	13.9%	-3.2%	11.2%	17.5%	23.5%
ROA	6.0%	-0.5%	2.2%	7.6%	11.0%
ROE	12.0%	-1.0%	3.9%	13.2%	19.7%

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