4323
Japan System Technology Co., Ltd.
日本システム技術株式会社
Information & Communication
Japan System Techniques Co., Ltd. engages in the software business in Japan and internationally. It operates through four segments: Digital Transformation and System Integration (DX&SI) Business, Package Business, Medical Big Data Business, and Global Business. The company offers system consultation, development, and integration services; develops, sells, implements, maintains, and services software package products; and provides big data analytics and utilization services. It also offers information systems and services in various sectors; engages in health insurance processing and verification; and develops and sells enterprise resource planning and human resource management products. In addition, the company provides consulting and outsourcing services; and develops and sells IT systems. Japan System Techniques Co., Ltd. was incorporated in 1973 and is headquartered in Tokyo, Japan.
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Overview
Filings & Signals
Ownership
Financials
▾ Collapse Charts
Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥32.5B
¥29.3B
¥26.2B
¥23.5B
¥21.4B
Cost of Sales
¥22.9B
¥21.1B
¥18.9B
¥17.1B
¥15.7B
Gross Profit
¥9.6B
¥8.3B
¥7.3B
¥6.4B
¥5.7B
SG&A
¥5.6B
¥5.1B
¥4.5B
¥4.0B
¥3.7B
Operating Income
¥3.9B
¥3.2B
¥2.8B
¥2.4B
¥2.0B
Non-Operating Income
¥121M
¥95M
¥108M
¥69M
¥61M
Dividend Income
—
¥11M
¥8M
¥9M
¥6M
Interest Income
—
¥30M
¥23M
¥16M
¥12M
Non-Operating Expenses
—
¥19M
¥38M
¥4M
¥9M
Interest Expense
—
¥8M
¥0M
¥1M
¥1M
Ordinary Income
¥4.0B
¥3.3B
¥2.9B
¥2.5B
¥2.1B
Pre-tax Income
¥3.7B
¥3.3B
¥2.9B
¥2.5B
¥2.0B
Income Taxes
¥1.1B
¥812M
¥770M
¥672M
¥633M
Current Tax
—
¥948M
¥808M
¥659M
¥774M
Deferred Tax
—
¥-136M
¥-37M
¥14M
¥-141M
Net Income (owners)
¥2.6B
¥2.4B
¥2.1B
¥1.8B
¥1.3B
Minority Interest
—
¥9M
¥4M
¥6M
¥2M
Comprehensive Income
—
¥2.6B
¥2.3B
¥1.9B
¥1.3B
EBITDA
¥4.1B
¥3.4B
¥3.0B
¥2.5B
¥2.1B
Goodwill Amort. (J-GAAP)
—
¥48M
¥24M
¥24M
¥31M
EPS
¥106.07
¥99.24
¥85.08
¥144.50
¥224.65
Shares Outstanding
—
24.8M
12.4M
12.4M
6.2M
Shares Issued (total)
—
24.8M
12.4M
12.4M
6.2M
Treasury Shares
—
0.0M
0.0M
0.0M
0.0M
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥25.3B
¥22.9B
¥20.0B
¥17.4B
¥15.5B
Current Assets
¥18.9B
¥16.6B
¥15.7B
¥14.2B
¥12.4B
Cash & Deposits
¥9.1B
¥7.1B
¥8.0B
¥7.2B
¥6.5B
Trade Receivables
—
¥8.8B
¥7.2B
¥6.5B
¥5.5B
Non-Current Assets
¥6.4B
¥6.3B
¥4.3B
¥3.2B
¥3.2B
PP&E
¥1.1B
¥1.1B
¥1.1B
¥632M
¥547M
Goodwill
—
¥229M
¥267M
¥88M
¥103M
Intangible Assets
—
¥586M
¥491M
¥243M
¥274M
Investment Securities
¥1.7B
¥1.7B
¥648M
¥613M
¥543M
Deferred Tax Assets
—
¥687M
¥509M
¥540M
¥537M
Total Liabilities
¥8.5B
¥8.1B
¥7.3B
¥6.6B
¥6.3B
Current Liabilities
¥6.2B
¥6.1B
¥5.2B
¥4.7B
¥4.6B
Accounts Payable
—
¥1.5B
¥1.4B
¥1.5B
¥1.4B
ST Debt
¥11M
¥13M
¥12M
—
¥8M
Taxes Payable
—
¥688M
¥570M
¥499M
¥563M
Non-Current Liabilities
¥2.3B
¥2.0B
¥2.1B
¥1.9B
¥1.7B
Total LT Borrowings
¥44M
¥55M
¥66M
—
—
Pension Obligations
—
¥1.1B
¥1.1B
¥1.1B
¥1.1B
Deferred Tax Liab.
—
¥25M
¥30M
¥28M
¥25M
Total Equity
¥16.8B
¥14.8B
¥12.7B
¥10.8B
¥9.2B
Capital Stock
—
¥1.5B
¥1.5B
¥1.5B
¥1.5B
Capital Surplus
—
¥1.7B
¥1.7B
¥1.7B
¥1.7B
Retained Earnings
¥12.6B
¥11.0B
¥9.1B
¥7.4B
¥5.9B
Treasury Stock
—
¥-60M
¥-176M
¥-176M
¥-175M
AOCI
—
¥621M
¥517M
¥317M
¥230M
Equity (owners)
¥15.8B
¥14.1B
¥12.1B
¥10.5B
¥8.9B
Minority Interests
—
¥66M
¥54M
¥47M
¥35M
Total Interest-Bearing Debt ⓘ
¥55M
¥68M
¥78M
—
¥8M
Net Cash ⓘ
¥9.1B
¥7.0B
¥7.9B
¥7.2B
¥6.5B
NCAV ⓘ
¥10.4B
¥8.6B
¥8.4B
¥7.6B
¥6.0B
NCAV/Share
—
¥345
¥677
¥611
¥974
BV/Share
—
¥570
¥978
¥842
¥1,439
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥3.0B
¥1.8B
¥1.9B
¥1.1B
¥1.2B
Interest Paid
—
¥-8M
¥-0M
¥-1M
¥-1M
Interest Received
—
¥35M
¥19M
¥25M
¥39M
D&A
¥211M
¥175M
¥151M
¥118M
¥114M
Goodwill Amort.
—
¥48M
¥24M
¥24M
¥31M
Investing CF
¥53M
¥-2.0B
¥-761M
¥-542M
¥-81M
CapEx
¥61M
¥117M
¥386M
¥81M
¥51M
Purchase Investments
—
¥-1.1B
¥-2M
¥-47M
¥-2M
Proceeds from Invest.
—
—
—
—
¥23M
Financing CF
¥-1.0B
¥-599M
¥-424M
¥-281M
¥487M
Dividends Paid
—
¥-559M
¥-397M
¥-248M
¥-152M
Share Buybacks
—
—
¥-0M
¥-0M
¥-88M
LT Debt Repaid
—
¥-12M
—
—
¥-3M
Free Cash Flow
¥3.0B
¥1.6B
¥1.5B
¥993M
¥1.1B
Net Change in Cash
—
¥-772M
¥722M
¥329M
¥1.6B
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
16.6%
17.8%
17.8%
17.8%
16.7%
ROA
10.9%
11.4%
11.1%
10.8%
8.6%
EPS
¥106.07
¥99.24
¥85.08
¥144.50
¥224.65
DPS
¥11.00
¥27.00
¥45.00
¥32.00
¥40.00
BPS
¥677.71
¥596.97
¥516.08
¥878.07
¥1,493.72
FCF/Share
—
¥66
¥121
¥80
¥179
NCAV/Share
—
¥345
¥677
¥611
¥974
Payout Ratio
10.4%
27.2%
52.9%
22.1%
17.8%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 10
Date Activist Stake Event Flag Demands Source
2026-04-22
Hirabayashi Takeaki
28.35%
-0.42%
change
Passive
—
2026-04-22
Hirabayashi Takeaki
28.77%
change
Passive
—
2026-04-22
Hirabayashi Takeaki
28.81%
+0.04%
change
Passive
—
2026-02-12
MIRI Capital Management LLC
29.31%
+1.03%
change
Passive
—
2025-12-18
MIRI Capital Management LLC
28.28%
+1.01%
change
Passive
—
2025-09-25
MIRI Capital Management LLC
27.27%
+1.02%
change
Passive
—
2024-12-02
MIRI Capital Management LLC
26.25%
+1.02%
change
Passive
—
2024-09-26
MIRI Capital Management LLC
25.23%
+1.05%
change
Passive
—
2024-01-12
MIRI Capital Management LLC
24.18%
+1.01%
change
Passive
—
2023-08-30
MIRI Capital Management LLC
23.17%
change
Passive
—
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 1
#
Shareholder
Shares (thou.)
% of Total
1
株式会社ジャスト
5,800,400
23.36%
2
BNYM AS AGT/CLTS NON TREATY JASDEC
BNYM AS AGT/CLTS NON TREATY JASDEC(常任代理人 株式会社三菱UFJ銀行)
5,098,700
20.54%
3
Japan Master Trust Bank
日本マスタートラスト信託銀行株式会社(信託口)
2,135,300
8.60%
4
Employee Stock Ownership Plan
日本システム技術従業員持株会
1,695,960
6.83%
5
INTERACTIVE BROKERS LLC
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)
1,638,300
6.60%
6
平林 卓
558,680
2.25%
7
平林 武昭
485,900
1.96%
8
Japan Custody Bank
株式会社日本カストディ銀行(信託口)
397,800
1.60%
9
平林 大
240,700
0.97%
10
THE BANK OF NEW YORK MELLON
THE BANK OF NEW YORK MELLON 140040 (常任代理人 株式会社みずほ銀行決済営業部)
232,000
0.93%
Domestic Nominees
10.2%
+0.1% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
21.5%
+2.4% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
42.0%
+0.5% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
式会社ジャスト
23.36%
23.36%
23.36%
BNY Mellon
17.75%
19.02%
21.47%
+2.45%
Japan Master Trust Bank
日本マスタートラスト信託銀行
5.72%
6.35%
8.60%
+2.25%
Employee Stock Ownership Plan
日本システム技術従業員持株会
9.39%
7.66%
6.83%
-0.83%
Interactive Brokers
5.65%
6.61%
6.60%
-0.01%
平林 卓
2.24%
2.24%
2.25%
+0.01%
平林 武昭
1.56%
1.56%
1.96%
+0.40%
Japan Custody Bank
日本カストディ銀行
2.63%
3.72%
1.60%
-2.12%
平林 大
NEW ENTRY
—
—
—
0.97%
NEW
GOLDMAN, SACHS & CO.REG
last seen 2023
Exited Top 10
1.33%
—
—
Concentration (HHI)
ⓘ
1030
1071
1183
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥59M
+11% since 2023
Holdings
1
Trend
Stable
vs 2023
Held Company
FY2025
¥59M total
FY2023
¥53M total
Book Val ¥M
Shares
Book Val ¥M
Shares
譬ェ蠑丈シ夂、セ繝�繝ゥ繧ケ繧ォ繧、
㈱テラスカイ
59
29,000
53
29,000
M
Portfolio total
59
53
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding