Visional, Inc.

4194・Prime Market・Information & Communication

Official website

Visional, Inc.

4194・Prime Market・Information & Communication

Official website

Visional, Inc.4194

Reference Indicators

Market Cap

3,696¥100M

P/E (Forecast)

22.9x

P/B

5.5x

Dividend Yield (Forecast)

0.00%

ROE

26.7%

EV/EBITDA

12.8x

Financial Summary

Unit: ¥M

Item	2022Jul 2022	2023Jul 2023	2024Jul 2024	2025Jul 2025
Net Sales	43,954	56,273	66,146	80,161
Cost of Sales	5,802	5,815	5,718	7,262
Gross Profit	38,151	50,457	60,428	72,899
SG&A Expenses	29,830	37,231	42,591	51,456
Operating Income	8,320	13,225	17,837	21,442
Non-operating Income	451	1,157	657	1,311
Non-operating Expenses	21	9	18	38
Ordinary Income	8,751	14,373	18,476	22,715
Extraordinary Income	3	6	486	20
Extraordinary Losses	—	3	34	36
Pre-tax Income	8,755	14,377	18,928	22,700
Income Taxes	2,896	4,448	5,933	6,638
Net Income	5,858	9,928	12,990	15,950
EBITDA	9,127	14,455	19,060	23,196
Gross Margin	86.8%	89.7%	91.4%	90.9%
Operating Margin	18.9%	23.5%	27.0%	26.7%
ROA	12.8%	17.2%	17.0%	16.7%
ROE	22.9%	29.3%	28.5%	26.7%

Segment Performance

Unit: ¥M

2025

Segment	Net Sales	Operating Income	Operating Margin
HR Tech	76,962	24,739	32.1%
Incubation	3,139	-1,691	-53.9%