Sustained Revenue GrowthMulti-year revenue growth more than doubled from 2020–2025, signalling durable demand and scalable offerings. That expansion supports reinvestment, margins and market position, making top-line momentum a structurally positive driver over the next several months.

Margin ExpansionSignificant improvement in gross and net margins reflects stronger pricing power or lower relative cost base, improving profitability sustainability. Higher margins underpin free cash flow resilience and provide cushion for reinvestment and shareholder returns.

Low Leverage & Strong ROEMarked de-risking of the balance sheet with very low leverage increases financial flexibility and reduces default risk. Coupled with high ROE, this indicates efficient capital allocation and capacity to fund growth or return capital over the medium term.

Bears Say

Operating Cash Flow VariabilityDespite strong free cash flow conversion, OCF declined in 2025 and was negative in 2021, indicating sensitivity to working capital or revenue timing. Persistent variability can constrain investment pacing and increase funding risk during downturns.

Historic Earnings VolatilityA prior year loss and negative operating margin show the business can be cyclical or exposed to demand shocks. While profitability recovered, past volatility suggests earnings may be less predictable through economic cycles, affecting planning and valuation stability.

ROE Volatility RiskElevated ROE partly reflects a small historical equity base; as equity normalizes, future ROE could meaningfully fluctuate. This pro-cyclicality means returns on capital may compress as the business scales or after equity growth, affecting long-term return expectations.

9560 FAQ

What was PROGRIT, Inc.’s price range in the past 12 months?

PROGRIT, Inc. lowest stock price was ¥687.00 and its highest was ¥1342.00 in the past 12 months.

What is PROGRIT, Inc.’s market cap?

PROGRIT, Inc.’s market cap is ¥9.38B.

When is PROGRIT, Inc.’s upcoming earnings report date?

PROGRIT, Inc.’s upcoming earnings report date is Apr 09, 2026 which is in 31 days.

How were PROGRIT, Inc.’s earnings last quarter?

PROGRIT, Inc. released its earnings results on Jan 14, 2026. The company reported ¥24.98 earnings per share for the quarter, beating the consensus estimate of N/A by ¥24.98.

Is PROGRIT, Inc. overvalued?

According to Wall Street analysts PROGRIT, Inc.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does PROGRIT, Inc. pay dividends?

PROGRIT, Inc. pays a Annually dividend of ¥19 which represents an annual dividend yield of 2.06%. See more information on PROGRIT, Inc. dividends here

What is PROGRIT, Inc.’s EPS estimate?

PROGRIT, Inc.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does PROGRIT, Inc. have?

PROGRIT, Inc. has 12,729,937 shares outstanding.

What happened to PROGRIT, Inc.’s price movement after its last earnings report?

PROGRIT, Inc. reported an EPS of ¥24.98 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -0.507%.

Which hedge fund is a major shareholder of PROGRIT, Inc.?

Currently, no hedge funds are holding shares in JP:9560

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

PROGRIT, Inc.

PROGRIT Inc. provides English coaching and subscription-based English learning services in Japan. It offers courses, such as business English conversation, beginner, TOEIC L&R, and TOEFL iBT TEST/IELTS. The company was incorporated in 2016 and is based in Tokyo, Japan.