ALPHA SYSTEMS INC.

4719・Prime Market・Information & Communication

Official website

ALPHA SYSTEMS INC.

4719・Prime Market・Information & Communication

Official website

ALPHA SYSTEMS INC.4719

Reference Indicators

Market Cap

472¥100M

P/E (Forecast)

—

P/B

1.0x

Dividend Yield (Forecast)

4.17%

ROE

8.4%

EV/EBITDA

4.7x

Financial Summary

Unit: ¥M

Item	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026
Net Sales	33,874	35,548	36,383	38,484	40,722
Cost of Sales	25,696	27,076	27,890	29,568	31,286
Gross Profit	8,177	8,471	8,492	8,916	9,436
SG&A Expenses	4,144	4,258	4,144	4,493	4,491
Operating Income	4,033	4,213	4,348	4,422	4,945
Non-operating Income	68	82	87	133	180
Non-operating Expenses	16	16	14	15	15
Ordinary Income	4,086	4,279	4,422	4,540	5,110
Extraordinary Income	1	1	0	0	3
Extraordinary Losses	3	—	6	0	29
Pre-tax Income	4,084	4,280	4,416	4,541	5,084
Income Taxes	1,295	1,361	1,371	1,329	1,334
Net Income	2,788	2,918	3,045	3,211	3,750
EBITDA	4,282	4,444	4,581	4,658	5,234
Gross Margin	24.1%	23.8%	23.3%	23.2%	23.2%
Operating Margin	11.9%	11.9%	12.0%	11.5%	12.1%
ROA	6.0%	6.1%	6.0%	6.2%	7.0%
ROE	7.5%	7.5%	7.5%	7.5%	8.4%

Segment Performance

Unit: ¥M

2026

Segment	Net Sales	Operating Income	Operating Margin
ソフトウェア開発関連事業	39,476	4,711	11.9%
その他	1,245	252	20.2%