FLECT Co., Ltd. engages in the provision of multi-cloud integration services for digital transformation in Japan. The company provides professional services of DX support, including planning and design, UI/UX design, cloud development, and operation by combining multiple public cloud services, such as Salesforce, Amazon Web Services, and Heroku. It offers its services in the areas of CRM/Salesforce, e-commerce, IoT/AI, integration/API orchestration, MaaS/mobility, and service design. In addition, the company is involved in the provision of Cariot Service, a driver work style reform cloud that connects cars and companies. The company was incorporated in 2005 and is based in Tokyo, Japan.
Price
ยฅ1,042
Market Cap
ยฅ6.4B
Ent. Value
ยฅ5.8B
Net Cash
ยฅ687M
Shares Out.
6.2M
P / E
9.2ร
EV / EBIT
4.6ร
P / Book
2.51ร
P / NCAV
3.43ร
Div. Yield
โ
PRICE
Historical Valuation Mapping
ANNUAL BASES VS. DAILY MULTIPLES
1Yr
3Yr
5Yr
Max
ANNUAL HISTORICAL EPS (ยฅ)
VALUATION MULTIPLE (P/E)
DAILY PRICING LOGS VIA YAHOO FINANCE
โข
HISTORICAL FUNDAMENTALS COMPILATION VIA EDINET
| Metric |
FY 2025
TDnet |
FY 2024
EDINET โ |
FY 2023
EDINET โ |
FY 2022
EDINET โ |
FY 2021
EDINET โ |
|---|---|---|---|---|---|
| Net Sales | ยฅ8.3B | ยฅ7.9B | ยฅ6.9B | ยฅ5.3B | ยฅ3.6B |
| Cost of Sales | ยฅ4.3B | ยฅ4.4B | ยฅ3.9B | ยฅ3.3B | ยฅ2.0B |
| Gross Profit | ยฅ3.9B | ยฅ3.5B | ยฅ3.0B | ยฅ2.0B | ยฅ1.6B |
| SG&A | ยฅ2.7B | ยฅ2.5B | ยฅ2.2B | ยฅ1.8B | ยฅ1.4B |
| Operating Income | ยฅ1.2B | ยฅ1.1B | ยฅ757M | ยฅ258M | ยฅ256M |
| Non-Operating Income | ยฅ7M | ยฅ4M | ยฅ1M | ยฅ0M | ยฅ0M |
| Interest Income | โ | ยฅ1M | ยฅ0M | ยฅ0M | ยฅ0M |
| Non-Operating Expenses | โ | ยฅ8M | ยฅ6M | ยฅ3M | ยฅ16M |
| Interest Expense | โ | ยฅ8M | ยฅ6M | ยฅ3M | ยฅ4M |
| Ordinary Income | ยฅ1.2B | ยฅ1.1B | ยฅ752M | ยฅ255M | ยฅ241M |
| Pre-tax Income | ยฅ1.1B | ยฅ1.1B | ยฅ751M | ยฅ255M | ยฅ240M |
| Income Taxes | ยฅ458M | ยฅ361M | ยฅ311M | ยฅ32M | โ |
| Current Tax | โ | ยฅ337M | ยฅ316M | ยฅ42M | ยฅ51M |
| Deferred Tax | โ | ยฅ24M | ยฅ-5M | ยฅ-9M | ยฅ-78M |
| Net Income (owners) | ยฅ684M | ยฅ721M | ยฅ440M | ยฅ223M | ยฅ266M |
| EBITDA | ยฅ1.3B | ยฅ1.2B | ยฅ871M | ยฅ343M | ยฅ330M |
| EPS | ยฅ113.17 | ยฅ118.81 | ยฅ73.42 | ยฅ37.77 | ยฅ49.59 |
| Shares Outstanding | โ | 6.2M | 3.0M | 6.0M | 5.8M |
| Shares Issued (total) | โ | 6.2M | 3.0M | 6.0M | 5.8M |
| Metric |
FY 2025
TDnet |
FY 2024
EDINET โ |
FY 2023
EDINET โ |
FY 2022
EDINET โ |
FY 2021
EDINET โ |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ยฅ3.7B | ยฅ4.2B | ยฅ4.0B | ยฅ2.9B | ยฅ2.7B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Assets | ยฅ3.3B | ยฅ3.7B | ยฅ3.6B | ยฅ2.6B | ยฅ2.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Deposits | ยฅ1.1B | ยฅ2.1B | ยฅ1.6B | ยฅ1.2B | ยฅ1.6B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Inventories | โ | โ | ยฅ7M | ยฅ25M | ยฅ18M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Assets | ยฅ356M | ยฅ465M | ยฅ405M | ยฅ304M | ยฅ267M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | ยฅ149M | ยฅ102M | ยฅ164M | ยฅ103M | ยฅ71M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets | โ | ยฅ1M | ยฅ67M | ยฅ68M | ยฅ80M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Assets | โ | ยฅ61M | ยฅ85M | ยฅ79M | ยฅ70M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | ยฅ1.5B | ยฅ1.5B | ยฅ2.0B | ยฅ1.4B | ยฅ1.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ยฅ1.1B | ยฅ994M | ยฅ1.5B | ยฅ769M | ยฅ767M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ST Debt | ยฅ68M | ยฅ68M | ยฅ67M | ยฅ51M | ยฅ58M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Taxes Payable | โ | ยฅ200M | ยฅ322M | ยฅ29M | ยฅ67M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Liabilities | ยฅ385M | ยฅ482M | ยฅ518M | ยฅ583M | ยฅ634M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total LT Borrowings | ยฅ382M | ยฅ450M | ยฅ518M | ยฅ582M | ยฅ633M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | ยฅ2.2B | ยฅ2.7B | ยฅ2.0B | ยฅ1.5B | ยฅ1.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Stock | โ | ยฅ754M | ยฅ701M | ยฅ692M | ยฅ684M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | โ | ยฅ744M | ยฅ691M | ยฅ682M | ยฅ674M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | ยฅ2.0B | ยฅ1.3B | ยฅ597M | ยฅ156M | ยฅ-66M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | โ | ยฅ-92M | ยฅ-0M | ยฅ-0M | โ | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | ยฅ2.2B | ยฅ2.7B | ยฅ2.0B | ยฅ1.5B | ยฅ1.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Interest-Bearing Debt โ | ยฅ450M | ยฅ518M | ยฅ585M | ยฅ633M | ยฅ691M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Cash โ | ยฅ687M | ยฅ1.6B | ยฅ990M | ยฅ522M | ยฅ948M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV โ | ยฅ1.9B | ยฅ2.3B | ยฅ1.6B | ยฅ1.2B | ยฅ1.0B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV/Share | โ | ยฅ365 | ยฅ524 | ยฅ206 | ยฅ176 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | โ | ยฅ440 | ยฅ658 | ยฅ257 | ยฅ221 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2025
TDnet |
FY 2024
EDINET โ |
FY 2023
EDINET โ |
FY 2022
EDINET โ |
FY 2021
EDINET โ |
|---|---|---|---|---|---|
| Operating CF | ยฅ330M | ยฅ895M | ยฅ600M | ยฅ-306M | ยฅ161M |
| Interest Paid | โ | ยฅ-8M | ยฅ-6M | ยฅ-3M | ยฅ-4M |
| D&A | ยฅ70M | ยฅ93M | ยฅ114M | ยฅ85M | ยฅ74M |
| Investing CF | ยฅ-70M | ยฅ-288M | ยฅ-150M | ยฅ-136M | ยฅ-101M |
| CapEx | ยฅ109M | ยฅ61M | ยฅ104M | ยฅ102M | ยฅ36M |
| Financing CF | ยฅ-1.3B | ยฅ-54M | ยฅ-30M | ยฅ-42M | ยฅ682M |
| Share Buybacks | โ | ยฅ-97M | ยฅ-0M | ยฅ-0M | โ |
| LT Debt Repaid | โ | ยฅ-67M | ยฅ-48M | ยฅ-58M | ยฅ-72M |
| Free Cash Flow | ยฅ221M | ยฅ834M | ยฅ496M | ยฅ-408M | ยฅ126M |
| Net Change in Cash | โ | ยฅ553M | ยฅ420M | ยฅ-484M | ยฅ743M |
| Metric |
FY 2025
TDnet |
FY 2024
EDINET โ |
FY 2023
EDINET โ |
FY 2022
EDINET โ |
FY 2021
EDINET โ |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability Ratios | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Return on Equity (ROE) โ | 27.6% | 30.6% | 25.0% | 15.8% | 20.6% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Return on Assets (ROA) โ | 17.3% | 17.6% | 12.8% | 8.0% | 9.9% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Gross Margin โ | 47.4% | 44.6% | 43.3% | 38.6% | 44.2% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Margin โ | 15.1% | 13.7% | 10.9% | 4.9% | 7.0% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Margin โ | 8.3% | 9.1% | 6.4% | 4.2% | 7.3% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Liquidity Ratios | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Ratio โ | 3.11x | 3.76x | 2.40x | 3.35x | 3.16x | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Quick Ratio โ | 3.11x | 3.76x | 2.39x | 3.32x | 3.14x | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Per Share Metrics | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue / Share โ | โ | ยฅ1,284 | ยฅ2,292 | ยฅ891 | ยฅ624 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share โ | โ | ยฅ440 | ยฅ658 | ยฅ257 | ยฅ221 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV/Share โ | โ | ยฅ365 | ยฅ524 | ยฅ206 | ยฅ176 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS โ | ยฅ113.17 | ยฅ118.81 | ยฅ73.42 | ยฅ37.77 | ยฅ49.59 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| DPS โ | ยฅ0.00 | ยฅ0.00 | ยฅ0.00 | ยฅ0.00 | ยฅ0.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Payout Ratio โ | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| FCF/Share โ | โ | ยฅ134.76 | ยฅ164.09 | ยฅ-68.49 | ยฅ21.52 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Market Valuation
Avg daily close price for calendar year ร most recently reported EPS / DPS
| Metric | CY2023 | CY2024 | CY2025 |
|---|---|---|---|
| Avg P/E โ |
43.3ร
EPS from 2023-03 |
31.9ร
EPS from 2024-03 |
16.1ร
EPS from 2025-03 |
| Avg Div Yield โ |
0.00%
DPS from 2023-03 |
0.00%
DPS from 2024-03 |
0.00%
DPS from 2025-03 |
| Avg Daily Close | ยฅ1,634 | ยฅ2,341 | ยฅ1,916 |
Growth Rates (CAGR)
| Metric | 3yr CAGR (FY2022โ2025) | 5yr CAGR |
|---|---|---|
| Stock Price | -16.1% | โ |
| Sales | +15.9% | โ |
| FCF/Share | +84.3% | โ |
| EPS | +44.2% | โ |
| DPS | โ | โ |
| BV/Share | +25.7% | โ |
| NCAV/Share | +27.6% | โ |
EVENT TIMELINE
S Shareholder
A Capital Signal
No capital allocation signals recorded for this company.
| # | Shareholder | Shares (thou.) | % of Total |
|---|---|---|---|
| 1 | ๅๅไผ็คพใฏใญ | 3,663 |
|
| 2 |
Custody Bank of Japan, Ltd. (Trust Account)
ๆ ชๅผไผ็คพๆฅๆฌใซในใใใฃ้่ก๏ผไฟก่จๅฃ๏ผ
|
342 |
|
| 3 | Salesforce, Inc. ๏ผๅฝๅ ้ฃ็ตกๅ ๏ผ | 276 |
|
| 4 | ๅคงๆฉ ๆญฃ่ | 254 |
|
| 5 | ๆธ ๅ ๅคงไบฎ | 102 |
|
| 6 | ใใฌใฏใๅพๆฅญๅกๆๆ ชไผ | 75 |
|
| 7 | CACEIS BANK ๏ผๅธธไปปไปฃ็ไบบ ้ฆๆธฏไธๆตท้่กๆฑไบฌๆฏๅบ๏ผ | 63 |
|
| 8 |
SBI Securities Co., Ltd.
ๆ ชๅผไผ็คพSBI่จผๅธ
|
57 |
|
| 9 |
The Master Trust Bank of Japan, Ltd. (Trust Account)
ๆฅๆฌใในใฟใผใใฉในใไฟก่จ้่กๆ ชๅผไผ็คพ (ไฟก่จๅฃ)
|
53 |
|
| 10 |
Goldman Sachs
GOLDMAN SACHS INTERNATIONAL ๏ผๅธธไปปไปฃ็ไบบ ใดใผใซใใใณใปใตใใฏใน่จผๅธๆ ชๅผไผ็คพ๏ผ
|
51 |
|
as of 2025-03-31
Source: EDINET โ
Ownership by year โ hover bars for detail
Domestic Nominees
6.4%
+2.3% vs 2024
Trust bank custodians โ GPIF, pensions, investment trusts
Foreign Custodians
0.0%
-2.8% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
73.4%
-1.2% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding ยท top-10 covers 79.8% ยท grey = other shareholders ยท 2025
| Shareholder | Trend | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| ๅไผ็คพใฏใญ | 125.46% | 61.53% | 60.60% | 59.20% -1.40% | |
|
Custody Bank of Japan, Ltd. (Trust Account)
ๆฅๆฌใซในใใใฃ้่ก
|
โ | 2.75% | 4.13% | 5.53% +1.40% | |
| Salesforce, Inc. (ๅฝๅ ้ฃ็ตกๅ ) NEW ENTRY | โ | โ | โ | โ | 4.47% NEW |
| ๅคงๆฉ ๆญฃ่ | โ | 4.73% | 5.33% | 4.10% -1.23% | |
| ๆธ ๅ ๅคงไบฎ NEW ENTRY | โ | โ | โ | โ | 1.65% NEW |
| ใใฌใฏใๅพๆฅญๅกๆๆ ชไผ | 1.74% | 1.07% | 1.18% | 1.22% +0.04% | |
| CACEIS BANK NEW ENTRY | โ | โ | โ | โ | 1.03% NEW |
|
SBI Securities Co., Ltd.
SBI่จผๅธ
|
2.52% | โ | 0.72% | 0.92% +0.20% | |
|
The Master Trust Bank of Japan, Ltd. (Trust Account)
NEW ENTRY
ๆฅๆฌใในใฟใผใใฉในใไฟก่จ้่ก
|
1.76% | โ | โ | 0.86% NEW | |
|
Goldman Sachs
Goldman Sachs
|
โ | 2.69% | 1.46% | 0.83% -0.63% | |
| Salesforce, Inc. last seen 2024 | Exited Top 10 | โ | 4.64% | 4.57% | โ |
|
JPMorgan Chase Bank, N.A.
JP Morgan
last seen 2024
|
Exited Top 10 | โ | โ | 1.99% | โ |
|
BNY Mellon (Nominee)
BNY Mellon
last seen 2024
|
Exited Top 10 | โ | โ | 0.78% | โ |
| BNYMSANV RE GCLB RE JP RD LMGC last seen 2024 | Exited Top 10 | โ | โ | 0.75% | โ |
|
Nomura Trust and Banking Co., Ltd.
้ๆไฟก่จ้่ก
last seen 2022
|
Exited Top 10 | 1.44% | โ | โ | โ |
| ๅคงๆฉๆญฃ่ last seen 2022 | Exited Top 10 | 8.90% | โ | โ | โ |
| Draper Nexus Technology Partners 2ๅทๆ่ณไบๆฅญๆ้่ฒฌไปป็ตๅ last seen 2023 | Exited Top 10 | 4.44% | 2.18% | โ | โ |
| ๅคงๆงป ็ๅฃ last seen 2023 | Exited Top 10 | โ | 0.61% | โ | โ |
|
State Street Bank and Trust Company
State Street
last seen 2022
|
Exited Top 10 | 9.46% | โ | โ | โ |
| ๅๅท ๆไธ้ last seen 2023 | Exited Top 10 | โ | 0.67% | โ | โ |
| ่ฟๅฑฑ ้ last seen 2023 | Exited Top 10 | โ | 0.67% | โ | โ |
|
Japan Securities Finance Co., Ltd.
ๆฅๆฌ่จผๅธ้่
last seen 2022
|
Exited Top 10 | 1.88% | โ | โ | โ |
|
Rakuten Securities, Inc.
ๆฅฝๅคฉ่จผๅธ
last seen 2022
|
Exited Top 10 | 3.30% | โ | โ | โ |
| Concentration (HHI) โ | 15958 | 3852 | 3748 | 3580 |
4 fiscal years ยท top-10 holders per year ยท >2,500 HHI = high concentration ยท entity-resolved
Material Events (1)
View on feed โ
| Date | Category | Summary | Amount | |
|---|---|---|---|---|
| 2026-02-12 |
๐ฅ Financial
Impairment
|
The company announced an impairment loss on equity investments in a related company (Carriot Co., Ltd.) due to delays in acquiring major contracts and variance from projected performance. The company expects to record a maximum impairment loss of 102 million yen as a special loss in Q4 of fiscal year ended March 2026.
|
ยฅ102M | โบ |
|
Summary
The company announced an impairment loss on equity investments in a related company (Carriot Co., Ltd.) due to delays in acquiring major contracts and variance from projected performance. The company expects to record a maximum impairment loss of 102 million yen as a special loss in Q4 of fiscal year ended March 2026.
Counterparty: ๆ ชๅผไผ็คพใญใฃใชใชใใ (Carriot Co., Ltd.)
Source (JP)
โ EDINET
ๅฝ็คพใไฟๆใใ้ขไฟไผ็คพๆ ชๅผ๏ผๆ ชๅผไผ็คพใญใฃใชใชใใ๏ผใซใคใใฆใ2026ๅนด๏ผๆๆ็ฌฌ๏ผๅๅๆไผ่จๆ้ใซใใใฆๆๅคงใง102็พไธๅใฎ่ฉไพกๆใ่จไธใใ่ฆ่พผใฟใงใใ
|
||||