OBIC Co (JP:4684)
:4684
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OBIC Co
(4684)
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Rating:77Outperform
Price Target:
¥4,448.00
▲(15.11% Upside)
Action:UpgradedDate:01/28/26
The score is driven primarily by outstanding financial quality (best-in-class margins, zero debt, strong cash generation). This is tempered by weak technical momentum (below key moving averages with negative MACD) and a premium valuation (P/E ~28) with only a modest dividend yield.
Positive Factors
High Profitability
OBIC’s exceptionally high TTM margins indicate durable pricing power and a capital‑light enterprise software model. These margins support sustained R&D and services investment, provide resilience to cost fluctuations, and underpin long‑term cash generation capacity and shareholder returns.
Negative Factors
Revenue Deceleration
A moderation in revenue growth versus prior years suggests slower market penetration or longer sales cycles in enterprise accounts. Reduced top‑line momentum limits future operating leverage and constrains the pace at which earnings and free cash flow can compound over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
High Profitability
OBIC’s exceptionally high TTM margins indicate durable pricing power and a capital‑light enterprise software model. These margins support sustained R&D and services investment, provide resilience to cost fluctuations, and underpin long‑term cash generation capacity and shareholder returns.
Read all positive factors
OBIC Co (4684) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥1.88T
Dividend Yield1.51%
Average Volume (3M)1.07M
Price to Earnings (P/E)27.9
Beta (1Y)0.19
Revenue Growth10.76%
EPS Growth13.65%
CountryJP
Employees2,107
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)N/A
Shares Outstanding498,000,000
10 Day Avg. Volume1,129,010
30 Day Avg. Volume1,068,423
Financial Highlights & Ratios
PEG Ratio2.40
Price to Book (P/B)4.37
Price to Sales (P/S)15.63
P/FCF Ratio31.21
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥4,599.68Price Target Upside19.04% Upside
Rating ConsensusHold
Number of Analyst Covering3
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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 primarily makes money by providing enterprise software solutions to corporate clients and charging for the software and the services needed to deploy and operate it. Key revenue streams include: (1) software-related revenue, including the sal...
OBIC Co Financial Statement Overview
Summary
Income Statement
94
Very Positive
Balance Sheet
96
Very Positive
Cash Flow
92
Very Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 131.63B | 121.24B | 111.59B | 100.17B | 89.48B | 83.86B |
| Gross Profit | 102.76B | 94.39B | 86.43B | 77.22B | 67.96B | 60.84B |
| EBITDA | 103.52B | 92.77B | 83.61B | 72.73B | 62.22B | 55.12B |
| Net Income | 72.22B | 64.62B | 58.01B | 50.12B | 43.50B | 38.00B |
Balance Sheet | ||||||
| Total Assets | 564.75B | 500.38B | 462.17B | 366.71B | 323.93B | 298.26B |
| Cash, Cash Equivalents and Short-Term Investments | 197.91B | 200.06B | 170.24B | 156.32B | 122.70B | 150.75B |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 81.50B | 66.52B | 63.47B | 38.84B | 30.36B | 32.23B |
| Stockholders Equity | 483.25B | 433.85B | 398.69B | 327.86B | 293.57B | 266.02B |
Cash Flow | ||||||
| Free Cash Flow | 68.93B | 60.73B | 52.10B | 51.84B | 37.15B | 40.59B |
| Operating Cash Flow | 70.61B | 62.79B | 55.83B | 52.96B | 38.97B | 41.68B |
| Investing Cash Flow | -1.15B | -3.93B | -2.21B | 1.28B | -44.05B | -5.42B |
| Financing Cash Flow | -50.41B | -29.04B | -39.70B | -20.62B | -22.96B | -15.12B |
OBIC Co Technical Analysis
Negative
3864.00
Price Trends
4132.70
Negative
4542.50
Negative
4913.16
Negative
Market Momentum
-56.57
Positive
38.18
Neutral
12.22
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4684, the sentiment is Negative. The current price of 3864 is below the 20-day moving average (MA) of 4029.35, below the 50-day MA of 4132.70, and below the 200-day MA of 4913.16, indicating a bearish trend. The MACD of -56.57 indicates Positive momentum. The RSI at 38.18 is Neutral, neither overbought nor oversold. The STOCH value of 12.22 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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 |
|---|---|---|---|---|---|---|---|
77 Outperform | ¥1.88T | 27.95 | 15.18% | 1.51% | 10.76% | 13.65% | |
77 Outperform | ¥75.52B | 21.08 | 31.71% | 1.68% | 16.12% | 46.57% | |
74 Outperform | ¥1.12T | 17.76 | 38.51% | 1.37% | 8.11% | 5.23% | |
68 Neutral | ¥32.90B | 20.63 | ― | 4.58% | 4.58% | -15.00% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
55 Neutral | ¥128.29B | 293.64 | ― | ― | 31.57% | ― | |
52 Neutral | ¥202.15B | 143.78 | -19.16% | ― | 19.57% | -16.67% |
* Technology Sector Average
JP:4684
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OBIC Co Corporate Events
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...
OBIC Reports Progress on ¥30 Billion Share Repurchase Program
Jan 4, 2026
OBIC Co., Ltd. has reported the progress of its share repurchase program authorized by its board on November 6, 2025, buying back 1,843,000 common shares for a total of ¥9.15 billion via market purchases on the Tokyo Stock Exchange between De...
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.