ATLED CORP.

3969 株式会社エイトレッド

Software - Application · Standard · TSE: Disclosed

PRICE: ¥1,320 · MKT CAP: ¥9.9B · P/E: 13.8x · P/B: 1.79x · DIV YIELD: 2.4%

PRICE — 5Y

Characteristics & Business Summary

ATLED CORP. engages in the development and sale of software solutions in Japan. It offers X-point Cloud, a cloud-based workflow system; and Agile Works, a workflow system for organizational structuring and changes. The company also provides cloud services...

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

Fiscal Period	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Net Sales	1,924	2,114	2,167	2,501	2,766	2,903	1,554
Operating Profit	783	908	999	1,050	1,058	1,050	522
Ordinary Profit	791	909	1,000	1,054	1,061	1,061	—
Net Profit	536	604	670	714	728	716	349
EPS	¥72	¥81	¥90	¥95	¥97	¥96	—
DPS	¥20	¥22	¥24	¥26	¥32	¥17	—

Balance Sheet & Valuation Highlights

Total Assets ¥7B

Net Assets (Equity) ¥6B

Equity Ratio 80.1%

ROE (Return on Equity) 12.9%

Cash & Equivalents ¥4B

Interest-Bearing Debt —

Capital Expenditure (CapEx) ¥0B

Depreciation & Amort. ¥0B

Major Shareholders

1. 株式会社ソフトクリエイトホールディングス 51.3%
2. ＳＣＳＫ株式会社 8.0%
3. Hikari Tsushin, Inc. 4.2%
4. 木下圭一郎 2.4%
5. CACEIS BANK／QUINTET LUXEMBOURG SUB AC ／ UCITS CUSTOMERS ACCOUNT （常任代理人香港上海銀行東京支店カストディ業務部） 1.1%
6. BNY Mellon (Nominee) 0.8%
7. BNY Mellon (Nominee) 0.8%
8. バリューサポート投資事業組合 0.7%
9. JPMorgan Securities Japan Co., Ltd. 0.5%
10. INTERACTIVE BROKERS LLC（常任代理人インタラクティブ・ブローカーズ証券株式会社） 0.5%

Activist Activity

Hikari Tsushin K.K. 5.42%

2025-09-26 · change

Hikari Tsushin K.K. 5.0%

2025-07-24 · initial_5pct

Kabouter Management, LLC 4.21%

2023-10-30 · change

Kabouter Management, LLC 5.38%

2023-10-06 · change

Kabouter Management, LLC 6.46%

2023-06-23 · change

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Revenues per share	¥258	¥283	¥289	¥334	¥369	¥388	—
FCF/Share	¥89	¥132	¥109	¥144	¥153	¥178	—
EPS	¥72	¥81	¥90	¥95	¥97	¥96	—
DPS	¥20	¥22	¥24	¥26	¥32	¥17	—
Capital Spending per share	¥1	¥0	¥2	¥0	¥0	¥1	—
Book Value per share	¥412	¥472	¥538	¥608	¥676	¥739	—
Common Shares Outstanding	7M	7M	7M	7M	7M	—	—

Financial Aggregates & Margins

Financial Aggregate	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Revenues (Net Sales)	¥2B	¥2B	¥2B	¥3B	¥3B	¥3B	¥2B
Operating Margin (%)	40.7%	42.9%	46.1%	42.0%	38.3%	36.2%	33.6%
Net Profit (owners)	¥1B	¥1B	¥1B	¥1B	¥1B	¥1B	¥0B
Net Profit Margin (%)	27.8%	28.6%	30.9%	28.5%	26.3%	24.7%	22.5%
Working Capital	¥3B	¥3B	¥3B	¥4B	¥4B	¥5B	—
Total Debt (Interest-bearing)	¥0B	¥0B	¥0B	¥0B	¥0B	—	—
Net Worth (Common Equity)	¥3B	¥4B	¥4B	¥5B	¥5B	¥6B	—
Return on Total Assets (ROA)	13.2%	13.2%	13.3%	12.5%	11.6%	10.4%	—
Return on Common Equity (ROE)	17.4%	17.1%	16.6%	15.7%	14.4%	12.9%	—

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.