Want to see JP:4432 full AI Analyst Report?
Top Page
WingArc1st Inc.
(4432)
Select Model
Select Model
Rating:81Outperform
Price Target:
¥4,118.00
▲(35.24% Upside)
Action:Reiterated
Date:08/29/26
Driven primarily by strong financial quality—high margins, strong free-cash-flow conversion, and a conservatively financed balance sheet. Technicals are supportive with a clear uptrend, but overbought readings add near-term risk. Valuation is broadly reasonable with a nearly 3% dividend yield, though growth has recently cooled.
Positive Factors
Strong Profitability
High gross, operating and net margins indicate a scalable enterprise software model with meaningful operating leverage. Sustained profitability gives WingArc1st resources to fund product development, customer support and growth without depending heavily on external financing.
Negative Factors
Moderating Revenue Growth
The multi-year expansion is positive, but the latest slowdown suggests that incremental growth may be harder to achieve as the existing customer base matures. Lower growth can limit operating leverage and increase the importance of renewals, upselling and new product adoption.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Profitability
High gross, operating and net margins indicate a scalable enterprise software model with meaningful operating leverage. Sustained profitability gives WingArc1st resources to fund product development, customer support and growth without depending heavily on external financing.
Read all positive factors
WingArc1st Inc. (4432) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥116.43B
Dividend Yield2.97%
Average Volume (3M)64.00K
Price to Earnings (P/E)18.8
Beta (1Y)0.61
Revenue Growth8.77%
EPS Growth16.25%
CountryJP
Employees1,126
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)190.13
Shares Outstanding35,048,470
10 Day Avg. Volume48,420
30 Day Avg. Volume64,003
Financial Highlights & Ratios
PEG Ratio1.61
Price to Book (P/B)2.02
Price to Sales (P/S)3.07
P/FCF Ratio13.55
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)221.6
Revenue Forecast (FY)¥34.40B
WingArc1st Inc. Business Overview & Revenue Model
Company Description
Established in 1993 and headquartered in Tokyo, Japan, WingArc1st Inc. delivers a comprehensive suite of software and services aimed at empowering organizations to effectively leverage their data. The company's operational footprint extends across...
How the Company Makes Money
WingArc1st primarily generates revenue by licensing and supporting enterprise software used for data analytics/reporting and document/form management. Key revenue streams typically include: (1) software license revenue (or subscription fees where ...
WingArc1st Inc. Financial Statement Overview
Summary
Income Statement
84
Very Positive
Balance Sheet
88
Very Positive
Cash Flow
79
Positive
| Breakdown | TTM | Feb 2026 | Feb 2025 | Feb 2024 | Feb 2023 | Feb 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 31.44B | 30.95B | 28.71B | 25.75B | 22.35B | 19.83B |
| Gross Profit | 26.54B | 27.53B | 24.03B | 21.64B | 18.46B | 16.43B |
| EBITDA | 10.83B | 10.73B | 12.51B | 11.24B | 9.26B | 8.93B |
| Net Income | 6.59B | 6.50B | 5.93B | 5.41B | 4.40B | 4.35B |
Balance Sheet | ||||||
| Total Assets | 72.51B | 73.49B | 69.45B | 66.78B | 63.38B | 59.70B |
| Cash, Cash Equivalents and Short-Term Investments | 15.32B | 13.34B | 14.72B | 12.99B | 11.18B | 9.02B |
| Total Debt | 7.12B | 7.12B | 8.56B | 9.94B | 12.21B | 14.19B |
| Total Liabilities | 26.90B | 26.46B | 27.60B | 27.68B | 28.80B | 29.08B |
| Stockholders Equity | 45.59B | 47.00B | 41.79B | 39.07B | 34.52B | 30.54B |
Cash Flow | ||||||
| Free Cash Flow | 9.13B | 7.02B | 7.81B | 7.35B | 6.78B | 6.34B |
| Operating Cash Flow | 9.37B | 7.20B | 8.20B | 7.84B | 6.87B | 6.44B |
| Investing Cash Flow | -2.89B | -2.90B | -1.60B | -1.60B | -1.00B | -532.55M |
| Financing Cash Flow | -5.45B | -5.79B | -4.86B | -4.46B | -3.75B | -2.08B |
WingArc1st Inc. Technical Analysis
Positive
3045.00
Price Trends
2813.33
Positive
2676.51
Positive
2887.37
Positive
Market Momentum
150.38
Negative
81.39
Negative
71.42
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4432, the sentiment is Positive. The current price of 3045 is below the 20-day moving average (MA) of 3182.82, above the 50-day MA of 2813.33, and above the 200-day MA of 2887.37, indicating a bullish trend. The MACD of 150.38 indicates Negative momentum. The RSI at 81.39 is Negative, neither overbought nor oversold. The STOCH value of 71.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4432.
WingArc1st Inc. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
84 Outperform | ¥142.68B | 20.10 | ― | 1.02% | 20.38% | 45.30% | |
82 Outperform | ¥83.38B | 18.11 | 32.68% | 3.53% | 15.67% | 23.19% | |
81 Outperform | ¥116.43B | 18.75 | ― | 2.59% | 8.77% | 16.25% | |
67 Neutral | ¥76.27B | 46.52 | ― | ― | 28.10% | ― | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
61 Neutral | ¥252.88B | 243.68 | ― | ― | 27.57% | -21.74% | |
60 Neutral | ¥53.16B | 7.07 | ― | ― | 1178.31% | ― |
* Technology Sector Average
JP:4432
WingArc1st Inc.
3,565.00
392.74
12.38%
JP:4828
Business Engineering Corporation
1,453.00
265.36
22.34%
JP:3905
Datasection, Inc.
1,727.00
-801.00
-31.69%
JP:4259
ExaWizards Inc.
848.00
323.00
61.52%
JP:4478
freee K.K.
4,435.00
1,215.00
37.73%
JP:4776
Cybozu, Inc.
3,345.00
-368.23
-9.92%
WingArc1st Inc. Corporate Events
WingArc1st Launches Shareholder Benefit Program to Strengthen Investor Base
Jul 14, 2026
WingArc1st Inc. has introduced a new shareholder benefit program designed to enhance returns for investors and make its stock more attractive in the market. The initiative targets shareholders owning at least one trading unit of 100 shares as of t...
WingArc1st Launches ¥3 Billion Share Buyback to Address Undervalued Stock
Jul 14, 2026
WingArc1st Inc. has authorized a share buyback of up to 1.2 million ordinary shares, representing 3.45% of its issued stock excluding treasury shares, with a maximum outlay of ¥3.0 billion. The purchases will occur on the Tokyo Stock Exchange...
WingArc1st Posts Solid Q1 Growth and Confirms Double-Digit Full-Year Outlook
Jul 14, 2026
WingArc1st Inc. reported revenue of ¥7,806 million for the three months ended May 31, 2026, up 6.7% year-on-year, with operating profit rising 3.3% to ¥2,167 million and profit attributable to equity holders increasing 6.3% to ¥1,55...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.