OBIC Co (JP:4684)
:4684
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OBIC Co
(4684)
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Rating:79Outperform
Price Target:
¥5,246.00
▲(24.49% Upside)
Action:ReiteratedDate:04/23/26
The score is primarily driven by outstanding financial strength (premium profitability, strong cash generation, and zero debt). Technicals are moderately supportive (positive MACD and price above key short-to-mid moving averages) but capped by being below the 200-day average and a high stochastic reading. Valuation is fair for quality (P/E ~22.45) with a moderate dividend yield (~1.83%).
Positive Factors
Debt-free balance sheet
A zero-debt balance sheet removes refinancing and leverage risk, preserving financial flexibility. Over 2-6 months this durable strength supports steady R&D, implementation investments and resilience in downturns, enabling management to prioritize organic growth and selective M&A without funding stress.
Negative Factors
Growth volatility
Material swings in revenue growth make forward visibility and capacity planning harder. For a software firm reliant on license and implementation cycles, lumpy new sales can produce inconsistent top-line momentum, pressuring near-term resource allocation and complicating multi-quarter forecasting.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A zero-debt balance sheet removes refinancing and leverage risk, preserving financial flexibility. Over 2-6 months this durable strength supports steady R&D, implementation investments and resilience in downturns, enabling management to prioritize organic growth and selective M&A without funding stress.
Read all positive factors
OBIC Co (4684) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥2.03T
Dividend Yield1.51%
Average Volume (3M)1.07M
Price to Earnings (P/E)22.4
Beta (1Y)0.16
Revenue Growth11.52%
EPS Growth16.82%
CountryJP
Employees2,107
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)42.79
Shares Outstanding498,000,000
10 Day Avg. Volume1,129,010
30 Day Avg. Volume1,068,423
Financial Highlights & Ratios
PEG Ratio1.33
Price to Book (P/B)3.27
Price to Sales (P/S)12.48
P/FCF Ratio23.60
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥4,400.00Price Target Upside4.41% Upside
Rating ConsensusHold
Number of Analyst Covering2
EPS Forecast (FY)185.71
Revenue Forecast (FY)¥148.59B
OBIC Co Business Overview & Revenue Model
Company Description
OBIC Co.,Ltd., together with its subsidiaries, provides system integration, system support, office automation, and package software services. It offers system integration services, including developing ERP software products to provide integrated a...
How the Company Makes Money
OBIC makes money primarily by selling licenses and related services for its packaged enterprise software to corporate clients. Key revenue streams typically include: (1) Software license sales for its core business application packages; (2) System...
OBIC Co Financial Statement Overview
Summary
Income Statement
93
Very Positive
Balance Sheet
96
Very Positive
Cash Flow
92
Very Positive
| Breakdown | Mar 2026 | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 135.21B | 121.24B | 111.59B | 100.17B | 89.48B |
| Gross Profit | 105.67B | 94.39B | 86.43B | 77.22B | 67.96B |
| EBITDA | 91.52B | 92.77B | 83.61B | 72.73B | 62.22B |
| Net Income | 75.19B | 64.62B | 58.01B | 50.12B | 43.50B |
Balance Sheet | |||||
| Total Assets | 618.80B | 500.38B | 462.17B | 366.71B | 323.93B |
| Cash, Cash Equivalents and Short-Term Investments | 207.38B | 200.06B | 170.24B | 156.32B | 122.70B |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 102.78B | 66.52B | 63.47B | 38.84B | 30.36B |
| Stockholders Equity | 516.01B | 433.85B | 398.69B | 327.86B | 293.57B |
Cash Flow | |||||
| Free Cash Flow | 71.53B | 60.73B | 52.10B | 51.84B | 37.15B |
| Operating Cash Flow | 73.75B | 62.79B | 55.83B | 52.96B | 38.97B |
| Investing Cash Flow | -2.02B | -3.93B | -2.21B | 1.28B | -44.05B |
| Financing Cash Flow | -64.40B | -29.04B | -39.70B | -20.62B | -22.96B |
OBIC Co Technical Analysis
Neutral
4214.00
Price Trends
3931.03
Positive
4365.95
Negative
4767.65
Negative
Market Momentum
34.23
Negative
63.44
Neutral
89.64
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4684, the sentiment is Neutral. The current price of 4214 is above the 20-day moving average (MA) of 3949.03, above the 50-day MA of 3931.03, and below the 200-day MA of 4767.65, indicating a neutral trend. The MACD of 34.23 indicates Negative momentum. The RSI at 63.44 is Neutral, neither overbought nor oversold. The STOCH value of 89.64 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:4684.
OBIC Co Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | ¥2.03T | 22.45 | 15.18% | 1.51% | 11.52% | 16.82% | |
77 Outperform | ¥72.04B | 21.08 | 31.71% | 1.68% | 19.53% | 51.63% | |
75 Outperform | ¥1.15T | 17.76 | 38.51% | 1.37% | 6.42% | 4.23% | |
70 Outperform | ¥29.90B | 13.84 | ― | 4.58% | 6.58% | 35.23% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
55 Neutral | ¥131.04B | 293.64 | ― | ― | 31.31% | ― | |
54 Neutral | ¥255.08B | 24.12 | -19.16% | ― | 25.36% | ― |
* Technology Sector Average
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OBIC Co Corporate Events
OBIC Launches ¥50 Billion Share Buyback and Plans Cancellation of 16 Million Shares
Apr 21, 2026
OBIC Co., Ltd. has approved a significant share buyback program, authorizing the repurchase of up to 10 million common shares, or about 2.3% of its outstanding stock, for a maximum of ¥50 billion through market purchases on the Tokyo Stock Ex...
OBIC Posts Double-Digit Profit Growth and Lifts Dividend, Forecasts Further Gains for FY2027
Apr 21, 2026
OBIC reported strong consolidated results for the fiscal year ended March 31, 2026, with net sales rising 11.5% to ¥135.2 billion and profit attributable to owners of parent up 16.4% to ¥75.2 billion. Operating profit climbed 13.3%, ordi...
OBIC Reshapes Executive Lineup and Capital Area Structure to Bolster Governance and Operations
Apr 1, 2026
OBIC Co., Ltd. announced a series of leadership changes, including the planned appointment of Executive Officer Kyoko Udagawa as a director, subject to approval at the ordinary general meeting of shareholders and subsequent board meeting scheduled...
OBIC Completes ¥28.6 Billion Share Buyback Program
Feb 15, 2026
OBIC Co., Ltd. has completed a share repurchase program authorized by its board in November 2025, acquiring a total of 6 million common shares for approximately 28.6 billion yen. The latest tranche, executed between February 1 and February 13, 202...
OBIC Nears Completion of ¥30 Billion Share Buyback Program
Feb 1, 2026
OBIC Co., Ltd. has reported progress on its ongoing share repurchase program authorized by its board in November 2025, under which it may buy back up to 6 million shares or ¥30 billion of its common stock through March 31, 2026. During the mo...
OBIC Completes Treasury Share Disposal for Executive Restricted Stock Compensation
Jan 30, 2026
OBIC Co., Ltd. has completed the payment procedures for the disposal of a portion of its treasury shares as restricted share-based remuneration, following a resolution by its Board of Directors on December 10, 2025. The company disposed of 1,300 c...
OBIC Raises FY2026 Year-End Dividend Forecast on Strong Performance
Jan 26, 2026
OBIC Co., Ltd. has revised its year-end dividend forecast for the fiscal year ending March 31, 2026, raising the planned payout from ¥37 to ¥47 per share in light of favorable business performance and as a gesture of appreciation to shar...
OBIC Posts Double-Digit Profit Growth and Lifts Dividend Forecast for FY2025
Jan 26, 2026
OBIC Co. reported strong results for the nine months ended December 31, 2025, with net sales rising 11.6% year-on-year to ¥100.1 billion and profit attributable to owners of parent climbing 15.5% to ¥56.6 billion, reflecting robust profi...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.