譬ェ蠑丈シ夂、セ繝輔Ξ繧ッ繝�

4414 株式会社フレクト

Software - Infrastructure · Growth

PRICE: ¥1,042 · MKT CAP: ¥6.4B · P/E: 9.2x · P/B: 2.51x · DIV YIELD: 0.0%

PRICE — 5Y

Characteristics & Business Summary

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...

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

Fiscal Period	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Net Sales	3,642	5,306	6,929	7,949	8,252	10,400
Operating Profit	256	258	757	1,085	1,244	1,247
Ordinary Profit	241	255	752	1,081	1,246	—
Net Profit	266	223	440	721	684	751
EPS	¥91	¥75	¥146	¥116	¥111	¥139
DPS	¥0	¥0	¥0	¥0	¥0	—

Balance Sheet & Valuation Highlights

Total Assets ¥4B

Net Assets (Equity) ¥2B

Equity Ratio 60.5%

ROE (Return on Equity) 30.6%

Cash & Equivalents ¥1B

Interest-Bearing Debt ¥0B

Capital Expenditure (CapEx) ¥0B

Depreciation & Amort. ¥0B

Major Shareholders

1. 合同会社クロ 59.2%
2. Custody Bank of Japan, Ltd. (Trust Account) 5.5%
3. Salesforce, Inc. （国内連絡先） 4.5%
4. 大橋正興 4.1%
5. 清坂大亮 1.7%
6. フレクト従業員持株会 1.2%
7. CACEIS BANK （常任代理人香港上海銀行東京支店） 1.0%
8. SBI Securities Co., Ltd. 0.9%
9. The Master Trust Bank of Japan, Ltd. (Trust Account) 0.9%
10. Goldman Sachs 0.8%

Activist Activity

PALM INVESTMENT MANAGEMENT PTE. LTD. 0.48%

2026-04-07 · change

PALM INVESTMENT MANAGEMENT PTE. LTD. 5.12%

2026-03-06 · initial_5pct

KURO LLC. 46.89%

2026-02-20 · change

Nikko Asset Management Co.,Ltd. 3.82%

2025-07-22 · change

Nikko Asset Management Co.,Ltd. 5.2%

2025-04-04 · initial_5pct

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Revenues per share	¥1,248	¥1,783	¥2,292	¥1,284	¥1,333	—
FCF/Share	¥43	¥-137	¥164	¥135	¥36	—
EPS	¥91	¥75	¥146	¥116	¥111	¥139
DPS	¥0	¥0	¥0	¥0	¥0	—
Capital Spending per share	¥12	¥34	¥34	¥10	¥18	—
Book Value per share	¥443	¥514	¥658	¥440	¥361	—
Common Shares Outstanding	3M	3M	3M	6M	—	—

Financial Aggregates & Margins

Financial Aggregate	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Revenues (Net Sales)	¥4B	¥5B	¥7B	¥8B	¥8B	¥10B
Operating Margin (%)	7.0%	4.9%	10.9%	13.7%	15.1%	12.0%
Net Profit (owners)	¥0B	¥0B	¥0B	¥1B	¥1B	¥1B
Net Profit Margin (%)	7.3%	4.2%	6.4%	9.1%	8.3%	7.2%
Working Capital	¥1B	¥1B	¥2B	¥2B	¥2B	—
Total Debt (Interest-bearing)	¥1B	¥1B	¥1B	¥1B	¥0B	—
Net Worth (Common Equity)	¥1B	¥2B	¥2B	¥3B	¥2B	—
Return on Total Assets (ROA)	9.9%	7.7%	11.0%	17.2%	18.5%	—
Return on Common Equity (ROE)	20.6%	14.5%	22.2%	26.5%	30.6%	—

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.