JBCC Holdings Inc. (9889) AI Stock Analysis

• Market Cap: ¥112.94B
• Dividend Yield: 2.32%
• Average Volume (3M): 129.80K
• Price to Earnings (P/E): 21.4
• Beta (1Y): 0.77
• Revenue Growth: 5.09%
• EPS Growth: 26.12%
• Country: JP
• Employees: 1,626
• Sector: Technology
• Sector Strength: 88
• Industry: Information Technology Services
• EPS (TTM): 19.95
• Shares Outstanding: 71,094,970
• 10 Day Avg. Volume: 134,830
• 30 Day Avg. Volume: 129,800
• PEG Ratio: 0.32
• Price to Book (P/B): 2.83
• Price to Sales (P/S): 0.98
• P/FCF Ratio: 10.34
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 77 Outperform
• Price Target: ¥1,875.00 ▲(17.41% Upside)

JBCC Holdings Inc. receives a strong overall stock score driven primarily by its robust financial performance and solid valuation. The technical analysis indicates positive momentum, though caution is advised due to overbought signals. The absence of earnings call and corporate events data does not impact the score significantly.

Positive Factors

Balance Sheet Strength

Very low leverage and a strong equity base provide durable financial flexibility. A 0.11 D/E and high equity ratio reduce refinancing risk, support investment or M&A optionality, and help the company withstand economic cycles without stressing cash generation.

Cash Flow Generation

Exceptional free cash flow improvement and strong cash conversion indicate high quality earnings. Sustainable FCF and operating cash > net income provide the company with long-term capacity to fund capex, pay dividends, reduce debt, and invest in strategic initiatives.

Diversified Business Model

Multiple, distinct revenue streams (software subscriptions, property sales/rent, consumer products) reduce reliance on any single market cycle. This structural diversification supports steadier cash flows and cross-segment opportunities over the medium term.

Negative Factors

Modest Revenue Growth

Top-line expansion is positive but modest; ~7% annual growth suggests a mature or constrained addressable market. Over 2–6 months this limits upside from organic expansion and increases reliance on efficiency gains or M&A to materially boost earnings per share.

Net Margin Compression Risk

A mid-single-digit net margin constrains retained earnings and reinvestment capacity. With core gross margins at ~30%, relatively low net margins imply elevated operating or financing costs that could limit resilience to rising expenses or cyclical downturns in capital-heavy segments.

Operational Complexity

Managing distinct businesses requires varied capabilities and capital allocation decisions. Over time this complexity can dilute strategic focus, raise execution risk across segments, and make consistent margin expansion harder without strong centralized governance and capital discipline.

JBCC Holdings Inc. Business Overview & Revenue Model

Company Description

JBCC Holdings Inc. provides IT-related services in Japan. The company's services include consulting, application development, system development, operation, maintenance, monitoring, and outsourcing. It also develops and markets software, and provides printing and cloud services, as well as provides customized hardware; and offers staff services. JBCC Holdings Inc. was incorporated in 1964 and is headquartered in Tokyo, Japan

How the Company Makes Money

JBCC Holdings Inc. generates revenue primarily through its diversified portfolio. Key revenue streams include software licensing and subscription fees from its technology solutions, which cater to businesses seeking to improve their operational processes. In real estate, the company earns income through property sales, rental income from commercial and residential properties, and development projects. Additionally, JBCC Holdings capitalizes on its consumer goods segment by selling branded products through retail partnerships and e-commerce platforms. Significant partnerships with technology providers and real estate developers further enhance its revenue potential, allowing for collaborative projects and expanded market reach.

JBCC Holdings Inc. Financial Statement Overview

Summary

JBCC Holdings Inc. displays a comprehensive financial strength across all verticals. The impressive revenue and profit growth, coupled with sustainable margins, underscore the company’s robust income statement. The stable balance sheet with low leverage and strong equity positions further enhances financial stability. Superior cash flow generation reflects excellent liquidity and operational efficiency, positioning the company well for future growth.

Income Statement

The company shows a strong financial performance with consistent revenue growth. Revenue increased by 7.16% in the latest year, indicating solid business expansion. The gross profit margin is healthy at 30.02%, and the net profit margin improved to 6.59%, reflecting enhanced operational efficiency. EBIT and EBITDA margins are also robust at 8.81% and 9.86% respectively, demonstrating effective cost management and profitability.

Balance Sheet

The balance sheet is strong with a low debt-to-equity ratio of 0.11, indicating minimal leverage and financial stability. The equity ratio is impressive at 54.39%, suggesting a solid equity base supporting assets. Return on equity (ROE) stands at 19.04%, showcasing effective utilization of shareholders' funds. Consistent growth in stockholders’ equity reflects a stable financial structure.

Cash Flow

The company exhibits excellent cash flow management, with a substantial increase in free cash flow to 5,775% year-over-year. The operating cash flow to net income ratio is strong at 1.44, indicating efficient conversion of income to cash. Free cash flow to net income ratio is notably high at 1.44, demonstrating robust cash generation relative to profits.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	70.11B	69.87B	65.19B	58.14B	55.93B	60.04B
Gross Profit	21.86B	20.97B	19.38B	18.01B	17.00B	17.34B
EBITDA	7.14B	6.89B	5.11B	4.37B	3.86B	3.54B
Net Income	4.74B	4.60B	3.19B	2.68B	2.25B	1.93B
Balance Sheet
Total Assets	43.39B	44.47B	37.21B	35.95B	33.26B	34.75B
Cash, Cash Equivalents and Short-Term Investments	16.86B	17.78B	9.90B	10.65B	12.11B	10.75B
Total Debt	2.59B	2.69B	102.00M	213.00M	596.00M	875.00M
Total Liabilities	19.04B	20.28B	16.03B	16.07B	15.24B	17.14B
Stockholders Equity	24.35B	24.18B	21.18B	19.88B	18.01B	17.58B
Cash Flow
Free Cash Flow	0.00	6.61B	1.13B	129.00M	3.34B	2.30B
Operating Cash Flow	0.00	6.64B	1.24B	910.00M	3.56B	2.55B
Investing Cash Flow	0.00	361.00M	393.00M	-964.00M	-67.00M	-197.00M
Financing Cash Flow	0.00	886.00M	-2.42B	-1.39B	-2.14B	-1.04B

JBCC Holdings Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1597.00
• 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:9889, the sentiment is Positive. The current price of 1597 is below the 20-day moving average (MA) of 1618.65, above the 50-day MA of 1516.50, and above the 200-day MA of 1334.64, indicating a bullish trend. The MACD of 27.15 indicates Positive momentum. The RSI at 62.79 is Neutral, neither overbought nor oversold. The STOCH value of 67.07 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9889.

JBCC Holdings Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7595	80 Outperform	¥110.29B	17.51	―	2.13%	7.64%	13.90%
3762	78 Outperform	¥95.26B	21.33	17.96%	1.83%	13.23%	16.07%
9889	77 Outperform	¥112.94B	21.40	―	2.32%	5.09%	26.12%
2317	76 Outperform	¥186.99B	18.16	―	2.30%	13.82%	37.07%
9715	75 Outperform	¥147.08B	10.75	11.52%	2.76%	4.00%	38.72%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%

JBCC Holdings Inc. Corporate Events

JBCC Holdings Reports Progress on ¥3 Billion Share Repurchase Program

JBCC Holdings Inc. has disclosed the latest status of its ongoing share repurchase program authorized by its board on October 30, 2025 under the Companies Act of Japan. Between December 1 and December 31, 2025, the company bought back 385,000 shares of common stock on the Tokyo Stock Exchange for a total of ¥620.8 million, bringing cumulative repurchases under the current mandate to 1,269,000 shares and approximately ¥1.92 billion when combined with previously reported activity through November. The buyback, which may total up to 2.5 million shares or ¥3.0 billion by March 31, 2026, underscores JBCC’s continued capital allocation focus on shareholder returns and may support earnings per share and share price by reducing the free float over the duration of the program.

The most recent analyst rating on (JP:9889) stock is a Buy with a Yen1641.00 price target. To see the full list of analyst forecasts on JBCC Holdings Inc. stock, see the JP:9889 Stock Forecast page.

JBCC Holdings Inc. Updates on Share Repurchase Status

JBCC Holdings Inc. announced the status of its share repurchase program, following a resolution by its Board of Directors. The company repurchased 26,000 shares of its common stock for a total of ¥34,514,200 through market transactions on the Tokyo Stock Exchange. This move is part of a larger plan to repurchase up to 2,500,000 shares, representing 3.86% of its issued shares, with a maximum budget of ¥3,000,000,000 by March 31, 2026.

The most recent analyst rating on (JP:9889) stock is a Buy with a Yen1503.00 price target. To see the full list of analyst forecasts on JBCC Holdings Inc. stock, see the JP:9889 Stock Forecast page.

JBCC Holdings Reports Strong Financial Performance and Strategic Dividend Revision

JBCC Holdings Inc. reported a 4.6% increase in net sales and a 13.3% rise in operating profit for the six months ending September 30, 2025, compared to the previous year. The company also announced a stock split and revised its dividend forecast, indicating a strategic move to enhance shareholder value. These financial results and strategic decisions reflect JBCC’s robust performance and its commitment to maintaining a competitive edge in the IT services industry.

The most recent analyst rating on (JP:9889) stock is a Buy with a Yen1366.00 price target. To see the full list of analyst forecasts on JBCC Holdings Inc. stock, see the JP:9889 Stock Forecast page.

JBCC Holdings Inc. Announces Share Buyback Plan to Enhance Capital Efficiency

JBCC Holdings Inc. has announced a decision by its Board of Directors to acquire up to 2,500,000 of its own common shares, representing 3.86% of its total issued shares, with a maximum acquisition cost of ¥3,000,000,000. This strategic move aims to improve capital efficiency, allow for flexible capital policies, and enhance shareholder returns, reflecting the company’s proactive approach to managing its financial resources and responding to market dynamics.

The most recent analyst rating on (JP:9889) stock is a Buy with a Yen1366.00 price target. To see the full list of analyst forecasts on JBCC Holdings Inc. stock, see the JP:9889 Stock Forecast page.

JBCC Holdings Inc. Increases Dividend Forecast for FY 2026

JBCC Holdings Inc. has announced a revision to its dividend forecast for the fiscal year ending March 2026, reflecting an increase in the dividend per share. This decision is part of the company’s broader financial strategy aimed at enhancing corporate value and maximizing shareholder returns through improved capital efficiency and a stable dividend policy.

The most recent analyst rating on (JP:9889) stock is a Buy with a Yen1366.00 price target. To see the full list of analyst forecasts on JBCC Holdings Inc. stock, see the JP:9889 Stock Forecast page.