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Justsystems Corporation
(4686)
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Rating:81Outperform
Price Target:
¥5,417.00
▲(23.96% Upside)
Action:Reiterated
Date:08/17/26
The score is driven primarily by strong financial performance—high and resilient margins, improving recent growth, strong cash generation, and a zero-debt balance sheet. Technicals are supportive with positive momentum and price above key moving averages, though longer-term trend is less strong and short-term momentum is warming. Valuation is acceptable (P/E ~17.2) but tempered by a low dividend yield.
Positive Factors
High, resilient profitability
Persistently high gross and net margins indicate strong economics in Justsystems’ software model, including pricing power and operating leverage. This profitability provides durable capacity to fund product development, sales initiatives, and shareholder returns while absorbing moderate business variability.
Negative Factors
Revenue and profit variability
Although growth recently re-accelerated, the earlier revenue decline and subsequent profit reduction show that earnings are not perfectly linear. Such variability can make medium-term planning less predictable and may pressure margins or investment capacity if weaker periods recur.
Read all positive and negative factors
Positive Factors
Negative Factors
High, resilient profitability
Persistently high gross and net margins indicate strong economics in Justsystems’ software model, including pricing power and operating leverage. This profitability provides durable capacity to fund product development, sales initiatives, and shareholder returns while absorbing moderate business variability.
Read all positive factors
Justsystems Corporation (4686) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥296.39B
Dividend Yield0.64%
Average Volume (3M)96.04K
Price to Earnings (P/E)20.1
Beta (1Y)0.58
Revenue Growth10.37%
EPS Growth17.89%
CountryJP
Employees302
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)239.65
Shares Outstanding64,224,800
10 Day Avg. Volume100,040
30 Day Avg. Volume96,036
Financial Highlights & Ratios
PEG Ratio0.66
Price to Book (P/B)1.89
Price to Sales (P/S)4.35
P/FCF Ratio11.73
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)N/A
Revenue Forecast (FY)N/A
Justsystems Corporation Business Overview & Revenue Model
Company Description
Operating predominantly in Japan, JustSystems Corporation is a company dedicated to the creation, development, and delivery of software and associated services. Its diverse product portfolio includes Advanced Technology of Kana-Kanji Transfer, a s...
Justsystems Corporation Financial Statement Overview
Summary
Income Statement
89
Very Positive
Balance Sheet
95
Very Positive
Cash Flow
86
Very Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 51.39B | 51.52B | 44.55B | 40.98B | 41.95B | 41.68B |
| Gross Profit | 41.29B | 41.27B | 34.77B | 32.43B | 33.17B | 31.88B |
| EBITDA | 24.96B | 24.75B | 20.61B | 19.63B | 21.27B | 19.19B |
| Net Income | 15.39B | 15.09B | 12.33B | 11.64B | 13.40B | 12.16B |
Balance Sheet | ||||||
| Total Assets | 140.90B | 136.41B | 121.05B | 109.11B | 99.47B | 86.23B |
| Cash, Cash Equivalents and Short-Term Investments | 120.13B | 114.90B | 100.57B | 89.85B | 80.14B | 67.15B |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 18.83B | 17.72B | 16.02B | 15.10B | 15.79B | 14.93B |
| Stockholders Equity | 122.07B | 118.69B | 105.03B | 94.00B | 83.68B | 71.30B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 19.11B | 14.98B | 13.03B | 16.80B | 14.06B |
| Operating Cash Flow | 0.00 | 19.63B | 15.02B | 13.05B | 16.80B | 14.08B |
| Investing Cash Flow | 0.00 | -13.85B | -27.13B | -8.56B | -3.85B | -2.02B |
| Financing Cash Flow | 0.00 | -1.54B | -1.28B | -1.28B | -1.03B | -1.03B |
Justsystems Corporation Technical Analysis
Positive
4370.00
Price Trends
4191.69
Positive
4011.58
Positive
4078.38
Positive
Market Momentum
117.35
Negative
76.72
Negative
94.59
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4686, the sentiment is Positive. The current price of 4370 is below the 20-day moving average (MA) of 4376.98, above the 50-day MA of 4191.69, and above the 200-day MA of 4078.38, indicating a bullish trend. The MACD of 117.35 indicates Negative momentum. The RSI at 76.72 is Negative, neither overbought nor oversold. The STOCH value of 94.59 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4686.
Justsystems Corporation Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | ¥296.39B | 20.09 | ― | 0.64% | 10.37% | 17.89% | |
79 Outperform | ¥32.19B | 19.32 | ― | 1.97% | 12.25% | 25.81% | |
79 Outperform | ¥56.94B | 34.05 | ― | 0.35% | 19.17% | 46.29% | |
72 Outperform | ¥18.46B | 18.41 | ― | 1.73% | 21.28% | 73.53% | |
71 Outperform | ¥28.57B | 16.19 | ― | 0.75% | 15.26% | 62.04% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
50 Neutral | ¥158.52B | 107.08 | ― | 0.13% | 18.12% | -45.73% |
* Technology Sector Average
JP:4686
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Justsystems Corporation Corporate Events
Justsystems Delivers Higher Q1 Profits Despite Slight Dip in Sales
Aug 7, 2026
Justsystems reported consolidated net sales of ¥12,736 million for the three months ended June 30, 2026, a slight 1.0% decline year on year, while operating profit rose 4.2% to ¥6,229 million and profit attributable to owners of parent i...
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.