Tobila Systems, Inc. (4441) AI Stock Analysis

• Market Cap: ¥14.75B
• Dividend Yield: 1.66%
• Average Volume (3M): 42.31K
• Price to Earnings (P/E): 15.1
• Beta (1Y): 0.37
• Revenue Growth: 16.60%
• EPS Growth: 6.60%
• Country: JP
• Employees: 83
• Sector: Technology
• Sector Strength: 88
• Industry: Communication Equipment
• EPS (TTM): 15.52
• Shares Outstanding: 10,644,000
• 10 Day Avg. Volume: 91,730
• 30 Day Avg. Volume: 42,306
• PEG Ratio: 2.30
• Price to Book (P/B): 3.64
• Price to Sales (P/S): 3.37
• P/FCF Ratio: 5.55
• 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: 73 Outperform
• Price Target: ¥1,558.00 ▲(63.66% Upside)
• Action: Reiterated Date: 12/18/25
• Date: Action: Reiterated 12/18/25

Tobila Systems, Inc. shows strong financial performance with solid revenue growth and profitability. The technical analysis indicates bullish momentum, though caution is advised due to potential overbought conditions. Valuation metrics suggest the stock is fairly valued, with a reasonable P/E ratio and moderate dividend yield.

Positive Factors

Revenue Growth & Margins

Consistent revenue expansion and robust operating margins indicate the company has durable demand and efficient operations. Sustained margin levels support internal investment, debt service and cash returns, helping the business remain resilient across cycles and fund growth initiatives.

Free Cash Flow Generation

Growing free cash flow and strong cash conversion show the company's ability to generate cash from operations consistently. This enhances financial flexibility for capex, R&D, dividends or M&A and reduces reliance on external funding during downturns, strengthening long-term sustainability.

Balance Sheet Strength

Low leverage and solid ROE provide financial stability and optionality, enabling the company to withstand shocks, pursue strategic investments, or selectively use debt without compromising solvency. A conservative capital structure supports durable operational continuity and strategic execution.

Negative Factors

Margin Trend Weakness

A gradual deterioration in gross margin hints at rising input or operational costs or pricing pressures. If persistent, margin erosion will reduce free cash flow and constrain reinvestment and profitability, forcing tougher trade-offs between growth spending and margin protection over the medium term.

Moderate Equity Reliance

A relatively higher reliance on equity financing can dilute returns and signal underutilization of lower-cost debt capacity. Over time this can limit capital efficiency, reduce leverage optionality for growth or buybacks, and make achieving higher ROE outcomes more challenging without structural funding changes.

Declining FCF-to-Income

A falling free cash flow to net income ratio may reflect working capital demands, rising capex, or lower cash conversion. If the trend continues it will impair liquidity cushions and reduce capacity to fund discretionary uses, weakening financial flexibility and resilience over the medium term.

Tobila Systems, Inc. Business Overview & Revenue Model

Company Description

Tobila Systems Inc. develops and provides fraud and spam prevention services in Japan. The company offers prank call filter services for mobile and business phones, and nuisance call filter services for landlines. It also provides other services comprising phone number.com, an online phonebook; and HP4U, a homepage production service that include coverage, photography, and production. The company was founded in 2004 and is headquartered in Nagoya, Japan.

How the Company Makes Money

Tobila Systems, Inc. Financial Statement Overview

Summary

Tobila Systems, Inc. demonstrates strong financial performance with robust revenue growth, profitability, and cash flow generation. The company maintains a solid balance sheet with low leverage, though there is room for improvement in equity financing.

Income Statement

Tobila Systems, Inc. demonstrates strong revenue growth with a 3.57% increase in the latest year, supported by solid gross and net profit margins. The EBIT and EBITDA margins are robust, indicating efficient operational management. However, the slight decline in gross profit margin over the years suggests potential cost pressures.

Balance Sheet

The company maintains a healthy balance sheet with a low debt-to-equity ratio, reflecting prudent financial leverage. The return on equity is strong, showcasing effective use of shareholder funds. However, the equity ratio indicates moderate reliance on equity financing, which could be improved for greater financial stability.

Cash Flow

Tobila Systems, Inc. has shown impressive growth in free cash flow, indicating strong cash generation capabilities. The operating cash flow to net income ratio is favorable, suggesting efficient cash conversion. However, the free cash flow to net income ratio has slightly decreased, which may warrant monitoring.

Breakdown	Oct 2025	Oct 2024	Oct 2023	Oct 2022	Oct 2021
Income Statement
Total Revenue	2.81B	2.41B	2.06B	1.68B	1.42B
Gross Profit	1.94B	1.71B	1.43B	1.18B	1.05B
EBITDA	1.05B	1.06B	936.12M	645.52M	622.39M
Net Income	625.68M	601.85M	517.73M	322.03M	386.05M
Balance Sheet
Total Assets	5.38B	4.36B	3.65B	2.67B	2.17B
Cash, Cash Equivalents and Short-Term Investments	3.94B	3.22B	2.40B	1.44B	1.15B
Total Debt	145.67M	195.71M	245.75M	295.79M	357.71M
Total Liabilities	2.79B	1.91B	1.51B	956.38M	681.01M
Stockholders Equity	2.60B	2.44B	2.14B	1.71B	1.49B
Cash Flow
Free Cash Flow	1.70B	1.20B	1.07B	498.17M	384.32M
Operating Cash Flow	1.75B	1.31B	1.22B	641.68M	491.92M
Investing Cash Flow	-1.38B	-78.34M	-91.47M	-188.74M	-652.30M
Financing Cash Flow	-549.30M	-416.50M	-160.65M	-162.91M	45.80M

Tobila Systems, Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 952.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4441, the sentiment is Positive. The current price of 952 is below the 20-day moving average (MA) of 1320.10, below the 50-day MA of 1286.22, and below the 200-day MA of 1113.19, indicating a bullish trend. The MACD of 45.07 indicates Negative momentum. The RSI at 61.12 is Neutral, neither overbought nor oversold. The STOCH value of 60.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4441.

Tobila Systems, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6718	81 Outperform	¥44.62B	71.35	―	4.43%	0.63%	-24.87%
4441	73 Outperform	¥14.75B	15.10	―	1.66%	16.60%	6.60%
6820	70 Outperform	¥43.49B	14.45	―	2.93%	-0.90%	-13.24%
6703	70 Outperform	¥241.36B	6.34	12.24%	2.31%	-2.36%	-61.50%
6835	68 Neutral	¥26.78B	9.33	14.95%	0.77%	6.43%	368.06%
6778	63 Neutral	¥5.69B	-8.98	―	3.54%	19.28%	―
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%

Tobila Systems, Inc. Corporate Events

Tobila Systems Grows Sales but Sees Profit Decline in First Quarter

Tobila Systems reported non-consolidated net sales of 786 million yen for the first quarter ended January 31, 2026, up 16.8% year on year, while operating profit fell 12.5% to 226 million yen as costs outpaced revenue growth. Ordinary profit declined 9.4% to 233 million yen and quarterly profit slipped 9.2% to 156 million yen, with earnings per share easing to 15.52 yen.

Total assets rose to 5,645 million yen, but the equity ratio weakened to 44.7% from 48.2%, reflecting a modest deterioration in the company’s capital structure. For the full fiscal year ending October 31, 2026, Tobila Systems forecasts 20.0% growth in net sales to 3,366 million yen but expects double-digit declines in operating and net profit, signaling continued investment or cost pressure even as top-line expansion remains robust.

The most recent analyst rating on (JP:4441) stock is a Buy with a Yen1561.00 price target. To see the full list of analyst forecasts on Tobila Systems, Inc. stock, see the JP:4441 Stock Forecast page.

Tobila Systems Outlines FY2026 1Q Results and Strategy Through 2028

Tobila Systems Inc. released its financial results for the first quarter of fiscal year 2026, covering the period from November 1, 2025 to January 31, 2026. The disclosure outlines highlights for the quarter, a corporate profile and strategy through fiscal 2028, detailed financial results, and an appendix, indicating a structured update on performance and medium-term planning for stakeholders.

While specific financial figures are not included in the excerpt, the document’s structure suggests Tobila Systems is providing investors with both near-term performance data and longer-term strategic direction. This combination of quarterly highlights and multi-year strategy implies an effort to clarify the company’s operational progress and future priorities, which may influence investor expectations and perceptions of its growth trajectory.

The most recent analyst rating on (JP:4441) stock is a Buy with a Yen1561.00 price target. To see the full list of analyst forecasts on Tobila Systems, Inc. stock, see the JP:4441 Stock Forecast page.

Tobila Systems Inc. Announces Director Elections for Upcoming Shareholders Meeting

Tobila Systems Inc. has announced its proposals for the upcoming 19th Annual General Meeting of Shareholders, which includes the election of new directors and reappointments. This strategic move is expected to strengthen the company’s governance structure and support its growth objectives, potentially impacting its market position and stakeholder relations.

The most recent analyst rating on (JP:4441) stock is a Buy with a Yen1171.00 price target. To see the full list of analyst forecasts on Tobila Systems, Inc. stock, see the JP:4441 Stock Forecast page.

Tobila Systems Outlines Growth Strategy Amid Financial Results Disclosure

Tobila Systems Inc. has disclosed its financial results for the fiscal year ended October 31, 2025, and addressed key questions from investors. The company plans to accelerate growth in its Solution Business by enhancing its product lineup and expanding sales partnerships. Despite aiming for 20% sales growth in the next fiscal year, Tobila Systems acknowledges that reaching its ¥6.0 billion sales target by 2028 may require additional strategies, including potential M&A. The company also plans to increase its workforce to support growth, targeting 155 employees by the end of FY2026, which may exceed the original headcount envisioned for FY2028. Additionally, a recent large shareholding report is not expected to impact dividend policies or shareholder returns.

The most recent analyst rating on (JP:4441) stock is a Buy with a Yen1171.00 price target. To see the full list of analyst forecasts on Tobila Systems, Inc. stock, see the JP:4441 Stock Forecast page.

Tobila Systems Reports Record Financial Results and Sets Ambitious Growth Targets

Tobila Systems Inc. reported record-high net sales and operating profit for the fiscal year ended October 2025, with net sales reaching JPY2,805 million and operating profit at JPY898 million. The company has announced a Medium-Term Management Plan 2028, aiming for JPY6 billion in net sales and a new target of JPY1.7 billion in operating profit, indicating a strategic focus on growth and long-term success.

The most recent analyst rating on (JP:4441) stock is a Buy with a Yen1171.00 price target. To see the full list of analyst forecasts on Tobila Systems, Inc. stock, see the JP:4441 Stock Forecast page.

Tobila Systems Inc. Announces Board Restructuring to Enhance Governance

Tobila Systems Inc. has announced a significant restructuring of its board of directors, with new appointments set to take effect following the upcoming Annual General Meeting. These changes, including the addition of new independent outside directors, aim to strengthen the company’s governance and strategic oversight, potentially impacting its market positioning and stakeholder relations positively.

The most recent analyst rating on (JP:4441) stock is a Buy with a Yen1171.00 price target. To see the full list of analyst forecasts on Tobila Systems, Inc. stock, see the JP:4441 Stock Forecast page.

Tobila Systems Inc. Increases Dividend Payout

Tobila Systems Inc. announced an increase in its dividend payout, raising the dividend per share from the previously forecasted ¥20.00 to ¥21.30. This decision aligns with the company’s policy of maintaining a 35% dividend payout ratio while supporting business expansion and financial stability, reflecting strong business performance and a solid financial position.

The most recent analyst rating on (JP:4441) stock is a Buy with a Yen1171.00 price target. To see the full list of analyst forecasts on Tobila Systems, Inc. stock, see the JP:4441 Stock Forecast page.

Tobila Systems Reports Strong FY2025 Results and Outlines Ambitious Growth Plans

Tobila Systems Inc. reported a significant increase in net sales and operating profit for FY2025, driven by growth in its Security and Solution Business. The company has launched a new service, Sagitore, and expanded its workforce as part of its Medium-Term Management Plan 2028. Looking ahead to FY2026, Tobila Systems anticipates continued top-line growth but expects a temporary decline in operating profit due to recruitment and relocation expenses. The company aims to achieve substantial growth by FY2028, with ambitious targets for net sales and operating profit, positioning this period as transformative for its future.

The most recent analyst rating on (JP:4441) stock is a Buy with a Yen1171.00 price target. To see the full list of analyst forecasts on Tobila Systems, Inc. stock, see the JP:4441 Stock Forecast page.

Tobila Systems Inc. Reports Increased Sales Amid Financial Challenges

Tobila Systems Inc. reported its non-consolidated financial results for the fiscal year ending October 31, 2025, showing a 16.6% increase in net sales compared to the previous year. Despite the growth in sales, the company experienced a decrease in its equity-to-asset ratio and a decline in cash and cash equivalents, indicating potential challenges in financial stability.

The most recent analyst rating on (JP:4441) stock is a Buy with a Yen1171.00 price target. To see the full list of analyst forecasts on Tobila Systems, Inc. stock, see the JP:4441 Stock Forecast page.