NSD Co., Ltd. (JP:9759)
:9759
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NSD Co., Ltd.
(9759)
Select Model
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Rating:77Outperform
Price Target:
¥3,175.00
▼(-8.34% Downside)
Action:ReiteratedDate:11/12/25
NSD Co., Ltd. is well-positioned with strong financial performance and positive technical indicators. While the valuation is moderate, the company's robust financial health and operational efficiency support its growth potential. Investors should monitor technical signals for potential overbought conditions.
Positive Factors
Strong balance sheet
Low leverage, a high equity ratio and significant cash reserves provide durable financial resilience. This balance sheet strength supports sustained investment in R&D and client services, cushions cyclical revenue swings, and preserves optionality for strategic M&A or buybacks over the medium term.
Negative Factors
Project-based revenue variability
Heavy reliance on project delivery introduces timing and recognition variability across quarters, making revenue lumpy. Even with recurring service lines, project cadence and client procurement cycles can cause durable earnings volatility and require disciplined pipeline and backlog management to sustain growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong balance sheet
Low leverage, a high equity ratio and significant cash reserves provide durable financial resilience. This balance sheet strength supports sustained investment in R&D and client services, cushions cyclical revenue swings, and preserves optionality for strategic M&A or buybacks over the medium term.
Read all positive factors
NSD Co., Ltd. (9759) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥201.37B
Dividend Yield2.49%
Average Volume (3M)262.75K
Price to Earnings (P/E)18.1
Beta (1Y)0.34
Revenue Growth9.10%
EPS Growth14.67%
CountryJP
Employees4,380
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)N/A
Shares Outstanding86,000,000
10 Day Avg. Volume178,240
30 Day Avg. Volume262,746
Financial Highlights & Ratios
PEG Ratio1.43
Price to Book (P/B)3.81
Price to Sales (P/S)2.38
P/FCF Ratio21.93
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
NSD Co., Ltd. Business Overview & Revenue Model
Company Description
NSD Co., Ltd., a systems integrator, provides IT solutions in Japan. The company offers system analysis and design services; develops software programs; and administers facilities management, as well as sells packaged software and solutions. It al...
How the Company Makes Money
NSD primarily makes money by delivering IT services under customer contracts. Its main revenue stream is fees from system integration and software development projects, where it is paid for activities such as requirements definition, system design...
NSD Co., Ltd. Financial Statement Overview
Summary
Income Statement
82
Very Positive
Balance Sheet
85
Very Positive
Cash Flow
87
Very Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 109.81B | 107.79B | 101.26B | 77.98B | 71.19B | 66.18B |
| Gross Profit | 25.57B | 25.41B | 22.87B | 17.42B | 15.76B | 13.94B |
| EBITDA | 19.65B | 19.47B | 17.75B | 13.35B | 12.16B | 10.51B |
| Net Income | 11.89B | 11.79B | 10.26B | 10.22B | 7.82B | 6.37B |
Balance Sheet | ||||||
| Total Assets | 83.43B | 90.48B | 86.41B | 68.16B | 63.27B | 59.46B |
| Cash, Cash Equivalents and Short-Term Investments | 28.62B | 30.36B | 29.42B | 38.37B | 31.82B | 30.09B |
| Total Debt | 1.51B | 1.93B | 3.38B | 200.95M | 281.12M | 225.96M |
| Total Liabilities | 19.70B | 22.23B | 22.37B | 12.70B | 11.43B | 10.28B |
| Stockholders Equity | 62.84B | 67.42B | 62.37B | 54.71B | 51.19B | 48.61B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 11.71B | 11.90B | 9.95B | 6.97B | 7.91B |
| Operating Cash Flow | 0.00 | 12.30B | 12.19B | 10.07B | 7.24B | 8.16B |
| Investing Cash Flow | 0.00 | 904.00M | -17.85B | 6.02B | -377.12M | -658.56M |
| Financing Cash Flow | 0.00 | -10.27B | -5.77B | -7.57B | -6.15B | -3.63B |
NSD Co., Ltd. Technical Analysis
Neutral
3464.00
Price Trends
2869.11
Negative
3129.23
Negative
3219.28
Negative
Market Momentum
-31.53
Negative
53.16
Neutral
44.63
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9759, the sentiment is Neutral. The current price of 3464 is above the 20-day moving average (MA) of 2742.40, above the 50-day MA of 2869.11, and above the 200-day MA of 3219.28, indicating a neutral trend. The MACD of -31.53 indicates Negative momentum. The RSI at 53.16 is Neutral, neither overbought nor oversold. The STOCH value of 44.63 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:9759.
NSD Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | ¥48.09B | 12.84 | 8.02% | 2.73% | 8.26% | 9.09% | |
77 Outperform | ¥201.37B | 18.05 | ― | 2.49% | 9.10% | 14.67% | |
77 Outperform | ¥28.77B | 12.67 | ― | 2.93% | 11.53% | 23.23% | |
77 Outperform | ¥74.26B | 21.08 | 31.71% | 1.68% | 16.12% | 46.57% | |
72 Outperform | ¥48.96B | 23.84 | ― | 1.50% | 13.48% | 35.63% | |
68 Neutral | ¥169.04B | 35.85 | 24.24% | ― | 17.35% | 74.71% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
* Technology Sector Average
JP:9759
NSD Co., Ltd.
2,777.50
-397.71
-12.53%
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1,238.00
539.73
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367.80
12.03%
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14.44%
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165.57
9.15%
NSD Co., Ltd. Corporate Events
NSD Posts Nearly 10% Sales Growth in February, Cumulative Revenue Up 9.1%
Mar 9, 2026
NSD Co., Ltd. reported preliminary consolidated net sales of ¥10,042 million for February 2026, representing a 9.8% year-on-year increase and signaling solid monthly growth momentum. The cumulative consolidated net sales from April 2025 throu...
NSD Nears Limit on ¥2 Billion Share Buyback Program
Feb 16, 2026
NSD Co., Ltd. has completed a share repurchase program authorized under Article 459 of the Companies Act, buying back 94,200 shares of its common stock on the Tokyo Stock Exchange between February 1 and February 16, 2026, for a total of 294,639,50...
NSD Posts 7.5% January Sales Rise, Cumulative Revenue Up 9.1%
Feb 9, 2026
NSD Co., Ltd. reported preliminary, unaudited consolidated net sales of ¥9,770 million for January 2026, representing a 7.5% year-on-year increase compared with the same month a year earlier. The company also disclosed that cumulative consoli...
NSD Advances Share Buyback Program, Repurchasing 98,300 Shares in January
Feb 2, 2026
NSD Co., Ltd. has continued executing its authorized share repurchase program, buying back 98,300 shares of its common stock on the Tokyo Stock Exchange during January 2026 for a total of 339,360,600 yen. This activity forms part of a broader boar...
NSD to Merge IT Subsidiaries to Streamline Group Operations
Jan 30, 2026
NSD Co., Ltd. has approved an absorption-type merger of its consolidated subsidiaries ART Holdings Co., Ltd. and AGM Co., Ltd. into ART Technology Co., Ltd., with ART Technology to remain as the surviving entity. The transaction, scheduled to take...
NSD Appoints Hidetaka Kikawada as New Representative Director Ahead of Next Medium-Term Plan
Jan 30, 2026
NSD Co., Ltd. has announced a change in its top management structure, appointing Director and Senior Managing Executive Officer Hidetaka Kikawada as Representative Director, effective April 1, 2026, alongside current President CEO Yoshikazu Imajo...
NSD Raises Dividend Forecast for Fiscal 2025, Strengthening Shareholder Returns
Jan 30, 2026
NSD Co., Ltd. has revised upward its forecast for the year-end dividend for the fiscal year ending March 31, 2026, raising the planned payout from 92 yen to 94 yen per share, compared with 87 yen in the previous fiscal year. The increase reflects ...
NSD Raises Full-Year Earnings Forecast on Strong Third-Quarter Performance
Jan 30, 2026
NSD Co., Ltd. has revised upward its consolidated earnings forecast for the fiscal year ending March 31, 2026, reflecting stronger-than-expected performance in the third quarter amid a favorable business environment. The company now projects net s...
NSD Lifts Full-Year Outlook on Solid Nine-Month Earnings and Higher Dividend Plan
Jan 30, 2026
NSD Co., Ltd. reported solid growth for the nine months ended 31 December 2025, with net sales rising 9.2% year on year to ¥86.8 billion and net income attributable to owners of the parent up 11.7% to ¥9.0 billion, driven by higher opera...
NSD Advances Share Buyback Program, Repurchasing 186,400 Shares in December
Jan 5, 2026
NSD Co., Ltd. reported the progress of its ongoing share repurchase program, conducted under its Articles of Incorporation pursuant to the Companies Act of Japan. During the period from December 1 to December 31, 2025, the company bought back 186,...
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.