Zero-debt Balance SheetZero reported debt materially reduces refinancing and interest-rate risk, giving management durable financial flexibility. That conservatism supports consistent capital allocation (R&D, dividends, buybacks) and resilience through cycles, improving long-term solvency and optionality.

Steady Revenue Growth & Margin ExpansionSustained top-line growth with multi-year operating margin expansion indicates scalable product-market fit and operating leverage. Improving EBIT margins reflect better cost absorption and pricing power, supporting lasting profit generation as revenues scale.

Strong 2025 Cash GenerationRobust free cash flow that roughly equals net income demonstrates high cash conversion in the latest year, enabling self-funded investment and shareholder returns. Durable cash generation in 2025 strengthens liquidity and supports strategic initiatives without new debt.

Bears Say

Volatile Cash FlowsIntermittent negative or declining cash flow years reduce confidence in consistency of cash generation. Variability complicates budgeting for capex, R&D, and dividends; if volatility recurs it could force conservative capital choices despite a strong latest-year result.

Net Margin CompressionA declining net margin despite revenue gains signals rising non-operating costs, taxes or lower efficiency at the bottom line. Persistent margin compression would limit retained earnings and reinvestment capacity, weakening long-term profitability sustainability.

Rapid Asset Growth & Efficiency RiskBig asset expansion relative to earnings can indicate rising working-capital needs or capital intensity that depresses returns. If assets grow faster than productive revenue, ROA and capital efficiency could deteriorate, pressuring long-term cash returns and operational agility.

3623 FAQ

What was Billing System Corporation’s price range in the past 12 months?

Billing System Corporation lowest stock price was ¥962.00 and its highest was ¥1387.00 in the past 12 months.

What is Billing System Corporation’s market cap?

Billing System Corporation’s market cap is ¥7.16B.

When is Billing System Corporation’s upcoming earnings report date?

Billing System Corporation’s upcoming earnings report date is May 20, 2026 which is in 89 days.

How were Billing System Corporation’s earnings last quarter?

Billing System Corporation released its earnings results on Feb 12, 2026. The company reported ¥21.51 earnings per share for the quarter, beating the consensus estimate of N/A by ¥21.51.

Is Billing System Corporation overvalued?

According to Wall Street analysts Billing System Corporation’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Billing System Corporation pay dividends?

Billing System Corporation pays a Annually dividend of ¥25.8 which represents an annual dividend yield of 1.18%. See more information on Billing System Corporation dividends here

What is Billing System Corporation’s EPS estimate?

Billing System Corporation’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Billing System Corporation have?

Billing System Corporation has 6,564,400 shares outstanding.

What happened to Billing System Corporation’s price movement after its last earnings report?

Billing System Corporation reported an EPS of ¥21.51 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 1.613%.

Which hedge fund is a major shareholder of Billing System Corporation?

Currently, no hedge funds are holding shares in JP:3623

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Billing System Corporation

Billing System Corporation provides settlement services in Japan. It offers settlement agency services, including account transfer, credit card payment, web direct debit contract acceptance, daily quotes/immediate quotes, payment slip settlement, convenience store settlement, billing agency, and SMS link payment services; real-time deposit confirmation services; e-JIBAI payment and branch sales concentration services; smartphone multi-payment services; multi-money payment reader for vending machines; money transfer services; and payment and finance agency services. The company was incorporated in 2000 and is headquartered in Tokyo, Japan.