Internetworking & Broadband Consulting Co., Ltd.

3920 アイビーシー株式会社

Information & Communication · Standard · TSE: Disclosed

PRICE: ¥989 · MKT CAP: ¥5.7B · P/E: 13.4x · P/B: 2.42x · DIV YIELD: 1.2%

PRICE — 5Y

Characteristics & Business Summary

Internetworking and Broadband Consulting Co.,Ltd. engages in the development, sale, and support of IT system performance monitoring tools in Japan. The company is also involved in the IoT security platform development; design, construction, and consulting of...

Income Statement Highlights (¥ Million, except EPS/DPS in ¥)

Fiscal Period	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Net Sales	2,013	1,501	1,901	2,185	2,405
Operating Profit	281	-48	212	382	565
Ordinary Profit	274	-23	234	411	575
Net Profit	197	-18	70	252	411
EPS	¥36	¥-3	¥13	¥45	¥71
DPS	¥0	¥4	¥6	¥8	¥12

Balance Sheet & Valuation Highlights

Total Assets ¥4B

Net Assets (Equity) ¥2B

Equity Ratio 60.8%

ROE (Return on Equity) 18.3%

Cash & Equivalents ¥2B

Interest-Bearing Debt ¥1B

Capital Expenditure (CapEx) ¥0B

Depreciation & Amort. ¥0B

Major Shareholders

1. 加藤裕之 37.1%
2. プラスフジ株式会社 9.0%
3. Hikari Tsushin, Inc. 5.4%
4. ＢＮＹＭＳＡＮＶＲＥＢＮＹＭＳＡＮＶＤＵＢＲＥＡＯＮＣＣＦ（常任代理人株式会社三菱ＵＦＪ銀行） 2.2%
5. 槇田重夫 1.7%
6. 石村藤夫 1.5%
7. 瀬野陽介 1.5%
8. 宇高淳郎 1.5%
9. 村上彰 1.2%
10. Goldman Sachs 1.1%

Activist Activity

Hikari Tsushin K.K. 11.82%

2026-04-09 · change

Hikari Tsushin K.K. 10.81%

2026-03-06 · change

Hikari Tsushin K.K. 9.79%

2026-03-02 · change

Hikari Tsushin K.K. 8.3%

2025-12-18 · change

HIROYUKI KATO 44.54%

2025-11-26 · correction

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Revenues per share	¥364	¥271	¥344	¥395	¥418
FCF/Share	¥81	¥61	¥77	¥63	¥121
EPS	¥36	¥-3	¥13	¥45	¥71
DPS	¥0	¥4	¥6	¥8	¥12
Capital Spending per share	¥0	¥1	¥1	¥1	¥1
Book Value per share	¥315	¥312	¥321	¥356	¥391
Common Shares Outstanding	6M	6M	6M	6M	6M

Financial Aggregates & Margins

Financial Aggregate	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Revenues (Net Sales)	¥2B	¥2B	¥2B	¥2B	¥2B
Operating Margin (%)	13.9%	-3.2%	11.2%	17.5%	23.5%
Net Profit (owners)	¥0B	¥-0B	¥0B	¥0B	¥0B
Net Profit Margin (%)	9.8%	-1.2%	3.7%	11.5%	17.1%
Working Capital	¥1B	¥1B	¥1B	¥1B	¥2B
Total Debt (Interest-bearing)	¥1B	¥1B	¥1B	¥1B	¥1B
Net Worth (Common Equity)	¥2B	¥2B	¥2B	¥2B	¥2B
Return on Total Assets (ROA)	6.0%	-0.5%	2.2%	7.6%	11.0%
Return on Common Equity (ROE)	11.3%	-1.0%	4.0%	12.8%	18.3%

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.