NEOJAPAN Inc.

3921・Prime Market・Information & Communication

Official website

NEOJAPAN Inc.

3921・Prime Market・Information & Communication

Official website

NEOJAPAN Inc.3921

Reference Indicators

Market Cap

232¥100M

P/E (Forecast)

12.3x

P/B

3.1x

Dividend Yield (Forecast)

3.28%

ROE

26.3%

EV/EBITDA

5.9x

Financial Summary

Unit: ¥M

Item	2022Jan 2022	2023Jan 2023	2024Jan 2024	2025Jan 2025	2026Jan 2026
Net Sales	5,920	6,007	6,615	7,263	8,230
Cost of Sales	2,890	2,774	2,976	3,231	3,493
Gross Profit	3,029	3,232	3,639	4,032	4,736
SG&A Expenses	1,782	1,991	2,342	2,080	2,238
Operating Income	1,247	1,241	1,296	1,951	2,497
Non-operating Income	114	95	85	101	114
Non-operating Expenses	0	1	7	2	2
Ordinary Income	1,361	1,335	1,375	2,049	2,610
Extraordinary Income	0	35	50	0	—
Extraordinary Losses	102	39	26	—	1
Pre-tax Income	1,259	1,332	1,398	2,050	2,608
Income Taxes	398	523	444	636	799
Net Income	866	812	956	1,414	1,809
EBITDA	1,495	1,513	1,534	2,263	2,842
Gross Margin	51.2%	53.8%	55.0%	55.5%	57.6%
Operating Margin	21.1%	20.7%	19.6%	26.9%	30.3%
ROA	11.9%	10.1%	11.1%	15.3%	16.9%
ROE	18.1%	15.0%	15.9%	22.4%	26.3%

Segment Performance

Unit: ¥M

2026

Segment	Net Sales	Operating Income	Operating Margin
ソフトウェア事業	6,217	2,516	40.5%
システム開発サービス事業	1,935	73	3.8%
海外事業	76	-91	-119.7%