Logizard Co., Ltd. (4391) AI Stock Analysis

• Market Cap: ¥3.42B
• Dividend Yield: 1.59%
• Average Volume (3M): 10.48K
• Price to Earnings (P/E): 16.1
• Beta (1Y): 0.92
• Revenue Growth: 8.31%
• EPS Growth: -2.44%
• Country: JP
• Employees: 105
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Infrastructure
• EPS (TTM): N/A
• Shares Outstanding: 3,298,000
• 10 Day Avg. Volume: 7,410
• 30 Day Avg. Volume: 10,480
• PEG Ratio: 1.23
• Price to Book (P/B): 1.83
• Price to Sales (P/S): 1.83
• P/FCF Ratio: 9.18
• 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: 74 Outperform
• Price Target: ¥1,239.00 ▲(5.18% Upside)
• Action: Reiterated Date: 12/30/25
• Date: Action: Reiterated 12/30/25

The score is driven primarily by strong financial quality (debt-free balance sheet, solid profitability, and improving margins) tempered by volatility in margins and free-cash-flow conversion. Technicals are a notable headwind with the stock trading below key moving averages and negative MACD, while valuation is supportive with a moderate P/E and modest yield.

Positive Factors

Debt-Free Balance Sheet

A debt-free balance sheet enhances financial flexibility, allowing the company to invest in growth opportunities without the burden of interest payments.

Revenue Growth

Accelerating revenue growth indicates strong market demand and effective business strategies, positioning the company for continued expansion.

Improving Gross Margin

Improving gross margins suggest enhanced operational efficiency and pricing power, contributing to stronger profitability over time.

Negative Factors

Margin Volatility

Volatility in margins indicates sensitivity to cost or investment cycles, which could affect predictability and stability of future earnings.

Free Cash Flow Volatility

Significant swings in free cash flow conversion highlight potential challenges in managing cash resources, impacting financial planning and stability.

Profitability Volatility

Fluctuations in profitability can undermine confidence in the company's ability to maintain consistent earnings, affecting long-term investor trust.

Logizard Co., Ltd. Business Overview & Revenue Model

Company Description

Logizard Co., Ltd., an application service provider, engages in the consultation, development, and sale of information systems for logistics and retail businesses in Japan and internationally. It offers barcode management, warehousing management, location management, and products management systems; and multi-language services. The company offers its solutions under the Logizard ZERO name. Logizard Co.,Ltd. was founded in 2001 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Logizard Co., Ltd. generates revenue primarily through subscription fees for its cloud-based logistics software solutions. The company offers various service plans that clients can subscribe to, providing them with access to advanced logistics management tools. Additionally, Logizard may engage in partnerships with other technology firms or logistics companies to expand its service offerings and reach. The company may also earn revenue from consulting services and technical support provided to its clients to ensure seamless integration and utilization of their software solutions.

Logizard Co., Ltd. Financial Statement Overview

Summary

Strong overall fundamentals: steady revenue growth with acceleration in 2025, improving gross margin and solid operating profitability. Balance sheet is a key strength with effectively no debt and consistently solid ROE. Main offset is volatility in profitability (2022–2023 dip) and free-cash-flow conversion (notably the 2024 FCF drop) despite a strong 2025 rebound.

Income Statement

The company shows a solid growth and profitability profile. Annual revenue has risen consistently from 2020 to 2025, with 2025 revenue growth accelerating to 13.6% versus 6.7% in 2024. Profitability is healthy: gross margin improved over time (about 49.1% in 2020 to 55.3% in 2025), and operating profitability strengthened from 2023 to 2025 (operating margin ~14.1% to ~18.8%). A key weakness is margin volatility—profitability peaked in 2022 and then dipped in 2023 before recovering—suggesting sensitivity to cost or investment cycles.

Balance Sheet

Balance sheet risk appears low. Total debt is effectively zero in recent years (and minimal even in 2020), resulting in a near-zero debt-to-equity profile, which provides strong financial flexibility. Equity and assets have grown steadily, supporting the company’s expansion. Returns on equity are consistently solid (roughly 11%–17% over the period, ~13.0% in 2025), though not accelerating meaningfully in the most recent years—implying profitability is stable rather than rapidly compounding.

Cash Flow

Cash generation is generally strong, with operating cash flow exceeding net income each year (about 1.09x in 2025), indicating earnings are backed by cash. 2025 free cash flow rebounded sharply to ~¥434m (up ~184% year over year) and nearly matched net income, which is a positive signal. The main concern is volatility: 2024 free cash flow dropped materially (~-47% growth) and covered only ~38% of net income, highlighting that conversion to free cash flow can swing meaningfully year to year.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	1.92B	2.18B	1.98B	1.85B	1.79B	1.69B
Gross Profit	1.02B	1.20B	1.08B	954.69M	940.02M	860.41M
EBITDA	334.14M	512.39M	427.42M	312.62M	413.59M	393.22M
Net Income	184.87M	283.17M	252.53M	184.72M	236.69M	223.85M
Balance Sheet
Total Assets	2.04B	2.58B	2.26B	1.97B	1.83B	1.56B
Cash, Cash Equivalents and Short-Term Investments	1.38B	1.71B	1.54B	1.45B	1.26B	1.09B
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	242.39M	399.77M	331.84M	271.30M	292.86M	264.91M
Stockholders Equity	1.80B	2.18B	1.92B	1.69B	1.54B	1.30B
Cash Flow
Free Cash Flow	152.79M	434.12M	133.24M	250.81M	170.06M	258.96M
Operating Cash Flow	152.79M	437.20M	351.28M	313.84M	254.01M	319.43M
Investing Cash Flow	0.00	-217.27M	-232.09M	-58.82M	-83.95M	-60.37M
Financing Cash Flow	0.00	-50.27M	-35.32M	-45.77M	2.06M	-163.05M

Logizard Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1178.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4391, the sentiment is Negative. The current price of 1178 is above the 20-day moving average (MA) of 1078.55, above the 50-day MA of 1106.92, and below the 200-day MA of 1190.83, indicating a bearish trend. The MACD of -15.55 indicates Negative momentum. The RSI at 41.80 is Neutral, neither overbought nor oversold. The STOCH value of 63.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:4391.

Logizard Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4431	75 Outperform	¥47.93B	28.22	―	0.52%	26.98%	19.69%
4391	74 Outperform	¥3.42B	16.10	―	1.59%	8.31%	-2.44%
3915	68 Neutral	¥22.02B	15.13	―	―	17.93%	91.21%
3694	68 Neutral	¥25.30B	20.45	―	―	6.33%	14.82%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
4434	61 Neutral	¥16.24B	-46.23	―	―	―	―
2315	59 Neutral	¥15.38B	55.69	30.04%	―	-7.33%	441.81%