UNIRITA, Inc. (3800) AI Stock Analysis

• Market Cap: ¥14.19B
• Dividend Yield: 3.62%
• Average Volume (3M): 2.63K
• Price to Earnings (P/E): 19.2
• Beta (1Y): 0.11
• Revenue Growth: 0.85%
• EPS Growth: 12.73%
• Country: JP
• Employees: 668
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): 18.12
• Shares Outstanding: 8,000,000
• 10 Day Avg. Volume: 2,580
• 30 Day Avg. Volume: 2,626
• PEG Ratio: -1.66
• Price to Book (P/B): 1.23
• Price to Sales (P/S): 1.26
• P/FCF Ratio: 34.66
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 71 Outperform
• Price Target: ¥2,185.00 ▲(10.02% Upside)

The score is led by strong financial stability from an essentially debt-free balance sheet, supporting lower risk. Offsetting factors are weaker recent operating momentum (2025 revenue decline and softer margins) and a notable 2025 operating cash flow drop. Technically the trend is positive but looks stretched (high RSI), while valuation is supported by a reasonable P/E and a ~3.6% dividend yield.

Positive Factors

Balance Sheet Health

An essentially debt-free balance sheet reduces financial risk and increases flexibility, providing a solid foundation for future growth.

Cash Conversion

Strong cash conversion indicates efficient operations and the ability to reinvest in growth opportunities, supporting long-term sustainability.

Profitability

Solid profitability metrics reflect a strong business model and operational efficiency, which can sustain competitive advantage over time.

Negative Factors

Revenue Decline

A decline in revenue growth indicates potential challenges in market demand or competitive pressures, which could impact future performance.

Operating Cash Flow Volatility

Significant volatility in operating cash flow can hinder strategic investments and affect the company's ability to manage financial obligations.

Margin Softness

Softening margins may signal increased cost pressures or pricing challenges, potentially impacting profitability and competitive positioning.

UNIRITA, Inc. Business Overview & Revenue Model

Company Description

Unirita Inc. provides software and solutions for information technology (IT) systems operation in Japan and internationally. The company offers lifecycle management for IT services; A-AUTO, an advanced automatic job scheduling and monitoring system that automates application scheduling, execution, and control in multi-platform environments; and Sky-Eye Tribune, a monitoring system, which provides resource management, network management, server management, and desktop management services. It also provides TIA Report, a total information analysis report system that enables proactive system management and planning; BSP-RM, an integrated multiplatform report management system, which stores and distributes report data created in application programs; Exentry, a data entry system; and Be.Learning, an e-learning system that specializes in IT system operations management. In addition, the company offers A-SPOOL, an advanced report management system, which stores, separates, bundles, prints, and archives application reports; and A-LOG, a job log and system log management system. Further, it provides professional services and consultation in the management of IT systems operation; Sys-Doc., a service for diagnosing systems operation; and software products and support services. The company serves finance, manufacturing, pharmaceutics, and telecommunications industries, as well as data centers, outsourcers, and system integrators. Unirita Inc. was incorporated in 1982 and is headquartered in Tokyo, Japan.

How the Company Makes Money

UNIRITA, Inc. generates revenue through the sale of software products and the provision of related services. Key revenue streams include licensing fees for its software solutions, subscription fees for its cloud-based services, and maintenance and support services for its products. The company also engages in consulting and implementation services, which help clients integrate and optimize UNIRITA's software within their IT infrastructure. Strategic partnerships with other tech firms and alliances further bolster its revenue by expanding its market reach and enhancing its service offerings.

UNIRITA, Inc. Financial Statement Overview

Summary

Very strong balance sheet with effectively zero debt (materially lowering risk) supports a high baseline. This is partially offset by uneven operating performance: revenue declined in 2025 and profitability softened versus 2024, while cash generation was volatile with a sharp drop in operating cash flow in 2025.

Income Statement

Profitability is solid for an application software business, with gross margin consistently ~56–58% and EBIT margin mostly in the ~8–13% range. However, growth is uneven: after positive revenue growth in 2022–2024, revenue declined in 2025 (annual revenue growth -0.38%), and margins also stepped down versus 2024 (net margin ~6.1% vs ~6.8%). Overall: healthy margins, but the recent top-line contraction and softer earnings momentum cap the score.

Balance Sheet

The balance sheet is exceptionally conservative: total debt is effectively zero across the period (debt-to-equity ~0), which materially reduces financial risk and increases flexibility. Equity is large relative to assets (e.g., 2025 equity ~¥12.0B vs assets ~¥15.4B), and returns on equity have been steady in the mid-single digits (roughly ~4.8% to ~8.1%), though not high. Key weakness is that the company’s strong capital position is not translating into consistently higher shareholder returns.

Cash Flow

Cash conversion is mixed. Free cash flow has often tracked net income well (free cash flow to net income ~0.83–0.99 in 2023–2025), which is a clear strength. The main concern is volatility and a sharp recent drop in cash generation: operating cash flow fell to ~¥0.43B in 2025 from ~¥1.46B in 2024, and the provided operating cash flow relative to net income weakened meaningfully (about ~0.14 in 2025 vs ~0.38–0.47 in stronger years). Overall: decent longer-run conversion, but recent cash-flow softness lowers confidence.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	11.79B	11.69B	11.98B	11.55B	10.44B	10.06B
Gross Profit	6.75B	6.59B	6.82B	6.58B	6.10B	5.77B
EBITDA	1.50B	1.44B	1.66B	1.52B	1.23B	1.61B
Net Income	760.59M	716.89M	815.98M	752.57M	522.25M	840.87M
Balance Sheet
Total Assets	15.89B	15.37B	15.76B	15.14B	14.36B	14.87B
Cash, Cash Equivalents and Short-Term Investments	10.21B	9.68B	9.89B	9.01B	8.23B	8.30B
Total Debt	0.00	0.00	0.00	209.00K	2.32M	7.87M
Total Liabilities	3.92B	3.39B	4.04B	3.81B	3.39B	3.59B
Stockholders Equity	11.97B	11.97B	11.73B	11.33B	10.97B	11.28B
Cash Flow
Free Cash Flow	0.00	424.92M	1.28B	1.24B	171.51M	128.76M
Operating Cash Flow	0.00	429.11M	1.46B	1.49B	644.88M	586.57M
Investing Cash Flow	0.00	-123.66M	12.01M	-201.67M	69.33M	-95.11M
Financing Cash Flow	0.00	-522.74M	-513.51M	-513.58M	-777.32M	-502.18M

UNIRITA, Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1986.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3800, the sentiment is Positive. The current price of 1986 is above the 20-day moving average (MA) of 1978.40, above the 50-day MA of 1960.42, and above the 200-day MA of 1906.91, indicating a neutral trend. The MACD of 5.26 indicates Positive momentum. The RSI at 56.09 is Neutral, neither overbought nor oversold. The STOCH value of 18.12 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3800.

UNIRITA, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9651	80 Outperform	¥16.83B	10.87	―	2.99%	12.78%	90.80%
4299	76 Outperform	¥13.62B	12.91	―	3.56%	3.96%	-3.68%
3800	71 Outperform	¥14.19B	19.16	―	3.62%	0.85%	12.73%
3804	65 Neutral	¥10.89B	17.37	―	1.51%	8.65%	12.86%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
3905	57 Neutral	¥55.68B	-20.14	―	―	27.58%	-1.50%
3856	46 Neutral	¥10.73B	2.41	―	1.45%	-40.21%	-54.31%