Nippon RAD Inc.

4736・Standard Market・Information & Communication

Official website

Nippon RAD Inc.

4736・Standard Market・Information & Communication

Official website

Nippon RAD Inc.4736

Reference Indicators

Market Cap

32¥100M

P/E (Forecast)

19.0x

P/B

0.9x

Dividend Yield (Forecast)

1.69%

ROE

4.7%

EV/EBITDA

4.7x

Financial Summary

Unit: ¥M

Item	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026
Net Sales	3,314	3,555	3,984	4,356	4,131
Cost of Sales	2,702	2,853	3,046	3,239	3,225
Gross Profit	611	701	938	1,116	906
SG&A Expenses	554	614	672	797	736
Operating Income	56	86	266	318	169
Non-operating Income	21	55	56	73	75
Non-operating Expenses	2	1	1	1	1
Ordinary Income	75	140	321	390	244
Extraordinary Income	2	18	—	—	—
Extraordinary Losses	40	0	0	5	2
Pre-tax Income	38	158	321	384	241
Income Taxes	18	18	-5	-32	76
Net Income	19	140	327	417	164
EBITDA	102	133	317	390	262
Gross Margin	18.4%	19.7%	23.6%	25.6%	21.9%
Operating Margin	1.7%	2.4%	6.7%	7.3%	4.1%
ROA	0.5%	3.4%	7.6%	8.4%	3.3%
ROE	0.8%	5.5%	11.8%	13.2%	4.7%

Segment Performance

Unit: ¥M

2026

Segment	Net Sales	Operating Income	Operating Margin
エンタープライズソリューション事業	2,387	375	15.7%
Io Tインテグレーション事業	0	0	0.0%
その他	0	0	0.0%
ＩｏＴインテグレーション事業	1,744	245	14.0%