Densan System Holdings Co., Ltd.

4072・Prime Market・Information & Communication

Official website

Densan System Holdings Co., Ltd.

4072・Prime Market・Information & Communication

Official website

Densan System Holdings Co., Ltd.4072

Reference Indicators

Market Cap

310¥100M

P/E (Forecast)

11.8x

P/B

1.2x

Dividend Yield (Forecast)

3.48%

ROE

12.4%

EV/EBITDA

2.0x

Financial Summary

Unit: ¥M

Item	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Net Sales	50,356	53,479	59,591	61,256	68,131
Cost of Sales	41,125	43,495	48,995	51,968	57,116
Gross Profit	9,231	9,984	10,595	9,287	11,014
SG&A Expenses	6,091	6,570	6,631	6,975	7,389
Operating Income	3,139	3,414	3,964	2,311	3,624
Non-operating Income	113	247	114	264	302
Non-operating Expenses	37	75	59	40	84
Ordinary Income	3,215	3,587	4,018	2,534	3,843
Extraordinary Income	—	—	—	641	—
Extraordinary Losses	134	328	851	549	132
Pre-tax Income	3,081	3,258	3,167	2,626	3,711
Income Taxes	1,097	894	1,152	761	798
Net Income	1,978	2,348	2,004	1,850	2,896
EBITDA	3,888	4,211	4,797	3,207	4,453
Gross Margin	18.3%	18.7%	17.8%	15.2%	16.2%
Operating Margin	6.2%	6.4%	6.7%	3.8%	5.3%
ROA	3.9%	3.3%	3.5%	3.0%	4.2%
ROE	12.0%	12.7%	10.0%	8.7%	12.4%

Segment Performance

Unit: ¥M

2026

Segment	Net Sales	Operating Income	Operating Margin
情報サービス事業	43,061	942	2.2%
収納代行サービス事業	25,069	2,676	10.7%