Revenue Growth & Margin ExpansionSustained multi-year revenue growth coupled with a jump to ~74% gross margin indicates a scalable, high-margin services model. That structural improvement supports durable earnings, funds reinvestment in products and sales, and builds resilience to cost pressure over the medium term.

Very Low Leverage & Larger Equity BaseDebt levels have been materially de-risked, leaving ample financial flexibility. Low leverage reduces default risk and preserves optionality for capex, M&A or downturns, enabling the company to pursue strategic investments without relying on external financing.

Strong Free Cash Flow ConversionHigh FCF-to-net-income demonstrates reliable cash conversion of earnings, supporting dividends, buybacks or reinvestment without heavy financing. Consistent free cash flow underpins sustainable capital allocation and strengthens liquidity through business cycles.

Bears Say

Historic Earnings And Margin VolatilityA prior year loss and negative operating margin show the business can suffer sharp profit contractions, indicating sensitivity to demand or execution shocks. While recent results are stronger, this history implies earnings may be cyclical and could revert under stress.

Operating Cash Flow VariabilityA meaningful decline in operating cash flow despite solid FCF highlights potential working‑capital timing or collection pressure. Persistent OCF swings can limit near-term funding for growth and increase reliance on cash reserves despite healthy headline cash metrics.

ROE Volatility Due To Small Historical EquityReported high returns on equity are partially driven by a previously small equity base, which inflates ROE and makes profitability metrics less stable. This raises reversion risk if the equity base normalizes or margins face pressure, complicating long-term comparability.

9560 FAQ

What was PROGRIT, Inc.’s price range in the past 12 months?

PROGRIT, Inc. lowest stock price was ¥790.00 and its highest was ¥1342.00 in the past 12 months.

What is PROGRIT, Inc.’s market cap?

PROGRIT, Inc.’s market cap is ¥10.05B.

When is PROGRIT, Inc.’s upcoming earnings report date?

PROGRIT, Inc.’s upcoming earnings report date is Apr 15, 2026 which is in 58 days.

How were PROGRIT, Inc.’s earnings last quarter?

PROGRIT, Inc. released its earnings results on Jan 14, 2026. The company reported ¥24.98 earnings per share for the quarter, beating the consensus estimate of N/A by ¥24.98.

Is PROGRIT, Inc. overvalued?

According to Wall Street analysts PROGRIT, Inc.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does PROGRIT, Inc. pay dividends?

PROGRIT, Inc. pays a Annually dividend of ¥19 which represents an annual dividend yield of 2.06%. See more information on PROGRIT, Inc. dividends here

What is PROGRIT, Inc.’s EPS estimate?

PROGRIT, Inc.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does PROGRIT, Inc. have?

PROGRIT, Inc. has 12,670,711 shares outstanding.

What happened to PROGRIT, Inc.’s price movement after its last earnings report?

PROGRIT, Inc. reported an EPS of ¥24.98 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -0.507%.

Which hedge fund is a major shareholder of PROGRIT, Inc.?

Currently, no hedge funds are holding shares in JP:9560

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

PROGRIT, Inc.

PROGRIT Inc. provides English coaching and subscription-based English learning services in Japan. It offers courses, such as business English conversation, beginner, TOEIC L&R, and TOEFL iBT TEST/IELTS. The company was incorporated in 2016 and is based in Tokyo, Japan.