BIPROGY Inc. (8056) AI Stock Analysis

• Market Cap: ¥534.35B
• Dividend Yield: 1.88%
• Average Volume (3M): 437.14K
• Price to Earnings (P/E): 21.4
• Beta (1Y): 0.59
• Revenue Growth: 9.15%
• EPS Growth: 8.60%
• Country: JP
• Employees: 8,218
• Sector: Technology
• Sector Strength: 83
• Industry: Information Technology Services
• EPS (TTM): 272.71
• Shares Outstanding: 100,663,520
• 10 Day Avg. Volume: 330,370
• 30 Day Avg. Volume: 437,136
• PEG Ratio: 9.15
• Price to Book (P/B): 2.72
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 21.48
• 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: ¥6,166.67
• Price Target Upside: 6.03% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 76 Outperform
• Price Target: ¥6,453.00 ▲(10.95%Upside)

BIPROGY Inc.'s strong financial performance is the most significant factor driving the stock's score, reflecting robust growth and financial stability. However, technical analysis indicates potential short-term risks due to overbought conditions. The valuation suggests the stock may be overvalued, which could limit upside potential.

BIPROGY Inc. Business Overview & Revenue Model

Company Description

Biprogy Inc. provides information technology (IT) solutions in Japan. The company operates through five segments: System Services, Support Services, Outsourcing, Software, and Hardware. It offers contracted software development; technology support and ICT strategy consulting services; and support services, such as software and hardware maintenance, and installation support. The company also engages in the sale and rental of computer and network systems; and cloud computing and outsourcing businesses. In addition, it provides CRM/customer channel, business intelligence, SRM/electronic purchasing, SCM/logistics, energy management/environment, office communication, enterprise education, ERP/enterprise resource management, and regional revitalization solutions. Further, the company offers ICT infrastructure solutions and services; hardware, middleware, and related services; and business process restructuring, ICT visualization, construction, implementation, maintenance, operation, and training services. It provides solutions for various industries, including financial services, engineering, distribution, transportation, central and local governments, healthcare, leasing, telecommunications, media, education, and social insurance. The company was formerly known as Nihon Unisys, Ltd. and changed its name to Biprogy Inc. in April 2022. Biprogy Inc. was founded in 1947 and is headquartered in Tokyo, Japan.

How the Company Makes Money

BIPROGY Inc. makes money primarily through its comprehensive portfolio of IT solutions and services. Key revenue streams include fees from systems integration projects where the company designs and implements IT systems tailored to client needs. BIPROGY also generates revenue from providing cloud services and network solutions, which involve ongoing subscriptions and usage-based fees. Additionally, the company earns from software development, where it creates custom software applications, and IT consulting services, which involve advising businesses on optimizing their technology strategies. Significant partnerships with technology vendors and enterprise clients contribute to BIPROGY's earnings by expanding its market reach and enhancing its service offerings.

BIPROGY Inc. Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
390.53B	370.14B	339.90B	317.60B	309.69B	311.55B
	Gross Profit
101.18B	97.17B	89.35B	83.14B	81.08B	79.80B
	EBIT
34.72B	33.81B	29.67B	27.43B	26.72B	26.14B
	EBITDA
52.95B	52.19B	45.72B	44.89B	42.95B	36.46B
	Net Income Common Stockholders
24.55B	25.25B	20.20B	20.49B	16.64B	18.18B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
35.68B	60.48B	44.23B	49.37B	45.83B	33.29B
	Total Assets
289.20B	314.22B	280.40B	268.65B	231.98B	214.97B
	Total Debt
29.25B	35.54B	38.00B	41.85B	21.33B	21.33B
	Net Debt
-6.43B	-23.72B	-5.64B	-6.85B	-24.50B	-11.95B
	Total Liabilities
126.10B	145.91B	138.80B	137.97B	95.09B	92.38B
	Stockholders Equity
161.06B	166.42B	139.89B	128.92B	135.15B	120.96B
Cash Flow		Free Cash Flow
20.29B	28.92B	13.81B	20.37B	21.53B	18.18B
	Operating Cash Flow
25.32B	41.69B	28.42B	29.43B	31.93B	27.54B
	Investing Cash Flow
-12.13B	-8.55B	-15.54B	-10.96B	-11.21B	-13.26B
	Financing Cash Flow
-32.34B	-17.62B	-18.04B	-16.12B	-8.18B	-8.20B

BIPROGY Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5816.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8056, the sentiment is Positive. The current price of 5816 is above the 20-day moving average (MA) of 5659.15, above the 50-day MA of 5065.18, and above the 200-day MA of 4679.21, indicating a bullish trend. The MACD of 221.54 indicates Positive momentum. The RSI at 76.29 is Negative, neither overbought nor oversold. The STOCH value of 80.23 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8056.

BIPROGY Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8056	76 Outperform	¥534.35B	21.41		1.88%	9.15%	8.60%
Sector *	62 Neutral	$11.80B	10.37	-7.10%	2.91%	7.41%	-7.94%
CEJOF		$455.35M	13.42	14.89%	2.96%	―	―
NSSXF		$5.00B	28.40	10.73%	1.78%	―	―
2317	82 Outperform	¥143.51B	17.09		3.04%	8.68%	24.30%
3923	76 Outperform	¥413.35B	51.64		0.20%	27.33%	91.27%
3636	66 Neutral	¥72.59B	19.66		3.49%	-0.93%	-37.97%

BIPROGY Inc. Corporate Events

BIPROGY Inc. Announces Correction to Dividend Notice with Unchanged Increase

BIPROGY Inc. announced a correction to its previously released notice regarding dividend forecasts, clarifying that the notice should have pertained to a ‘Dividend of Surplus’ rather than a ‘Revision to Dividend Forecasts.’ Despite this correction, the dividend increase remains unchanged, reflecting the company’s commitment to enhancing shareholder returns based on its consolidated financial performance. This announcement underscores BIPROGY’s strategic focus on capital efficiency and shareholder value, aligning with its management policies for 2024-2026.

BIPROGY Inc. Revises Performance Targets Amid Strong DX Market Trends

BIPROGY Inc. has revised its performance targets for the 2024-2026 period, increasing its revenue goal from 420 billion yen to 440 billion yen and its return on equity (ROE) target from 15.0% to 17.0% or more. This adjustment reflects the company’s response to strong investment trends in digital transformation within Japan’s information services market and its own steady performance progress.

BIPROGY Inc. Increases Dividend Forecast Amid Strong Performance

BIPROGY Inc. announced an increase in its dividend forecast for the fiscal year ending March 31, 2025, reflecting strong consolidated performance results. The revised dividend forecast, which includes a year-end dividend of 60 yen per share, demonstrates the company’s commitment to shareholder returns and capital efficiency, with a payout ratio exceeding 40% on a consolidated basis.

BIPROGY Inc. Announces Strategic Share Acquisition and Cancellation

BIPROGY Inc. has announced a strategic move to acquire and subsequently cancel its own shares, as resolved by its Board of Directors. This decision is part of the company’s financial strategy to enhance corporate and shareholder value, with a focus on growth investments. The acquisition will involve up to 2.5% of its common stock, with a maximum cost of ¥10 billion, and the cancellation is scheduled for March 2026. This move is intended to align with the company’s policy of retaining a maximum of 3% of treasury shares, thus optimizing its market positioning and financial health.