BELLSYSTEM24 Holdings, Inc. (6183) AI Stock Analysis

• Market Cap: ¥94.37B
• Dividend Yield: 4.73%
• Average Volume (3M): 144.67K
• Price to Earnings (P/E): 11.7
• Beta (1Y): 0.54
• Revenue Growth: -3.44%
• EPS Growth: 6.05%
• Country: JP
• Employees: 40,000
• Sector: Industrials
• Sector Strength: 87
• Industry: Specialty Business Services
• EPS (TTM): 45.17
• Shares Outstanding: 74,522,700
• 10 Day Avg. Volume: 180,140
• 30 Day Avg. Volume: 144,666
• PEG Ratio: 2.66
• Price to Book (P/B): 1.66
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 6.48
• 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

• Rating: 73 Outperform
• Price Target: ¥1,412.00 ▲(9.97%Upside)

BELLSYSTEM24 Holdings, Inc. exhibits strong financial performance and attractive valuation, making it appealing for income-focused investors. However, the negative revenue growth and neutral technical indicators slightly dampen the outlook. The overall score reflects the company's stable financial foundation and valuation appeal, despite challenges in revenue growth.

BELLSYSTEM24 Holdings, Inc. Business Overview & Revenue Model

Company Description

BELLSYSTEM24 Holdings, Inc. is a leading provider of contact center solutions and business process outsourcing (BPO) services. The company operates primarily in Japan, offering a wide range of services including customer support, telemarketing, and back-office operations. BELLSYSTEM24 leverages advanced technologies such as artificial intelligence and data analytics to enhance customer interactions and optimize business processes for its clients across various industries, including telecommunications, healthcare, and finance.

How the Company Makes Money

BELLSYSTEM24 Holdings, Inc. generates revenue primarily through its contact center and BPO services. The company earns money by providing outsourced customer service and support solutions to businesses, charging clients based on service agreements that may include per-call fees, subscription models, or fixed contracts. Key revenue streams include inbound and outbound call handling, technical support, and sales assistance. Additionally, BELLSYSTEM24 benefits from strategic partnerships with technology providers to integrate innovative solutions into its service offerings, thereby enhancing its value proposition and expanding its client base.

BELLSYSTEM24 Holdings, Inc. Financial Statement Overview

Summary

BELLSYSTEM24 Holdings, Inc. demonstrates solid financial health with strong profitability and efficient cash flow management. While revenue growth presents a challenge, the company maintains healthy margins and effective debt management, providing a stable financial foundation. Continued focus on revenue growth and debt reduction will be key areas for improvement.

Income Statement

The company has shown consistent revenue with a slight decline in recent years. Gross profit margin is healthy at approximately 17.7% in 2025. Net profit margin is strong, improving from 5.1% in 2024 to 5.6% in 2025. However, revenue growth has been negative, indicating a potential risk. EBITDA margin remains stable at around 14.8%, showcasing operational efficiency.

Balance Sheet

Debt-to-equity ratio has improved to 0.77 in 2025, indicating reduced leverage. Return on equity has increased from 11.3% in 2024 to 11.4% in 2025, showing better profitability. Equity ratio is strong at 40.2%, suggesting financial stability. However, the company still maintains significant debt levels, which could pose risks with interest rate changes.

Cash Flow

Free cash flow has grown significantly, indicating strong cash generation capability. The operating cash flow to net income ratio is robust, suggesting efficient cash conversion. Free cash flow to net income ratio is positive, underlining strong cash management. The company effectively manages capital expenditures, enhancing free cash flow.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	143.61B	148.72B	156.05B	146.48B	135.74B
Gross Profit	25.41B	27.14B	31.96B	30.26B	27.44B
EBITDA	21.19B	20.69B	23.46B	21.53B	19.66B
Net Income	8.00B	7.54B	9.33B	8.94B	7.25B
Balance Sheet
Total Assets	174.41B	175.47B	176.25B	178.31B	172.89B
Cash, Cash Equivalents and Short-Term Investments	6.99B	7.21B	7.94B	6.49B	5.76B
Total Debt	54.05B	56.23B	54.82B	59.45B	63.14B
Total Liabilities	103.58B	107.73B	111.34B	118.82B	119.38B
Stockholders Equity	70.16B	66.73B	64.22B	58.99B	53.11B
Cash Flow
Free Cash Flow	16.24B	11.39B	16.40B	14.21B	12.75B
Operating Cash Flow	17.39B	13.59B	18.17B	16.28B	14.89B
Investing Cash Flow	-3.69B	-3.10B	-1.80B	-2.43B	-3.18B
Financing Cash Flow	-13.90B	-10.29B	-15.58B	-13.18B	-13.96B

BELLSYSTEM24 Holdings, Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1284.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6183, the sentiment is Positive. The current price of 1284 is above the 20-day moving average (MA) of 1271.85, above the 50-day MA of 1237.22, and above the 200-day MA of 1270.84, indicating a bullish trend. The MACD of 10.47 indicates Positive momentum. The RSI at 59.09 is Neutral, neither overbought nor oversold. The STOCH value of 35.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6183.

BELLSYSTEM24 Holdings, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6088	81 Outperform	¥106.55B	23.53		1.67%	17.33%	35.52%
7373	79 Outperform	¥30.08B	18.77		1.53%	19.58%	40.41%
9216	77 Outperform	¥20.23B	16.73		795.50%	-3.81%	-41.33%
6183	73 Outperform	¥94.37B	11.66		4.73%	-3.44%	6.05%
9319	71 Outperform	¥26.66B	16.63		3.06%	5.01%	-5.30%
Sector *	71 Outperform	¥255.26B	12.94	8.49%	3.09%	6.34%	12.95%
4290	70 Outperform	¥75.92B	15.60	10.64%	3.97%	8.48%	-15.59%

BELLSYSTEM24 Holdings, Inc. Corporate Events

BELLSYSTEM24 Enhances Strategic Ties with ITOCHU Corporation

BELLSYSTEM24 Holdings, Inc. announced changes in its controlling shareholders, with ITOCHU Corporation holding 40.74% of voting rights and appointing an Outside Director. This collaboration enhances BELLSYSTEM24’s strategic positioning by integrating ITOCHU’s expertise and resources, while maintaining its operational independence.

BELLSYSTEM24 Announces Director Candidates and Governance Updates

BELLSYSTEM24 Holdings, Inc. has announced the selection of candidate directors and a substitute audit and supervisory board member, which will be presented at the upcoming General Meeting of Shareholders. This move includes the reappointment of several directors and the introduction of a new director, Kenji Umekawa, indicating a strategic focus on strengthening leadership and governance.

BELLSYSTEM24 Announces Consistent Dividend Payout for Fiscal Year 2025

BELLSYSTEM24 Holdings, Inc. announced a resolution to pay dividends of surplus, with a record date of February 28, 2025, at 30.00 yen per share, consistent with the previous fiscal year. This decision underscores the company’s commitment to its dividend policy, prioritizing shareholder returns while maintaining a strong business foundation.

BELLSYSTEM24 Reports Improved Profitability Amid Revenue Decline

BELLSYSTEM24 Holdings, Inc. reported a slight decrease in revenue for the fiscal year ending February 28, 2025, with a 3.4% drop compared to the previous year. Despite this, the company saw a modest increase in net income by 5%, indicating improved profitability. The company plans to maintain its dividend payout and forecasts a revenue increase of 4.5% for the next fiscal year, suggesting a positive outlook for future growth.