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BIPROGY Inc.
(8056)
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Rating:66Neutral
Price Target:
¥5,534.00
▲(18.86% Upside)
Action:Downgraded
Date:08/09/26
The score is driven primarily by solid financial performance (improving margins, strong ROE, and strong cash conversion) and reasonable valuation (moderate P/E and a ~2.67% dividend yield). These positives are tempered by weak technicals, with the stock trading below major moving averages and momentum indicators remaining subdued.
Positive Factors
Improving Profitability
The higher net and operating margins indicate that BIPROGY is converting revenue into profit more effectively than in 2023. A stronger margin base can support internal investment, improve resilience across enterprise IT cycles, and sustain earnings quality over the next several quarters.
Negative Factors
Recent Revenue Softness
The TTM revenue decline interrupts BIPROGY’s prior multi-year expansion and signals that demand or project timing has recently cooled. If this persists, slower top-line growth could limit operating leverage, reduce opportunities to scale services, and make margin improvement harder to sustain.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving Profitability
The higher net and operating margins indicate that BIPROGY is converting revenue into profit more effectively than in 2023. A stronger margin base can support internal investment, improve resilience across enterprise IT cycles, and sustain earnings quality over the next several quarters.
Read all positive factors
BIPROGY Inc. (8056) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥460.27B
Dividend Yield2.73%
Average Volume (3M)358.75K
Price to Earnings (P/E)16.7
Beta (1Y)0.46
Revenue Growth3.83%
EPS Growth8.51%
CountryJP
Employees8,801
SectorGeneral
Sector StrengthN/A
IndustryInformation Technology Services
Share Statistics
EPS (TTM)307.64
Shares Outstanding98,959,625
10 Day Avg. Volume306,970
30 Day Avg. Volume358,753
Financial Highlights & Ratios
PEG Ratio0.82
Price to Book (P/B)2.51
Price to Sales (P/S)1.04
P/FCF Ratio8.39
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥5,000.00Price Target Upside7.39% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)331.22
Revenue Forecast (FY)¥473.42B
BIPROGY Inc. Business Overview & Revenue Model
Company Description
Biprogy Inc., established in Tokyo, Japan in 1947, operates as a comprehensive information technology (IT) solutions provider primarily within the Japanese market. The company organizes its operations across five key divisions: System Services, Su...
How the Company Makes Money
BIPROGY makes money primarily by selling enterprise IT services and solutions across the full lifecycle of customer systems. Key revenue streams typically include: (1) System integration (SI) and project-based development fees earned from designin...
BIPROGY Inc. Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
70
Positive
Cash Flow
73
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 428.31B | 433.69B | 404.01B | 370.14B | 339.90B | 317.60B |
| Gross Profit | 116.61B | 116.01B | 105.83B | 97.17B | 89.35B | 83.14B |
| EBITDA | 60.48B | 62.34B | 57.04B | 52.19B | 46.39B | 46.44B |
| Net Income | 29.86B | 31.21B | 26.97B | 25.25B | 20.20B | 20.49B |
Balance Sheet | ||||||
| Total Assets | 363.87B | 380.67B | 330.88B | 314.22B | 280.40B | 268.65B |
| Cash, Cash Equivalents and Short-Term Investments | 47.04B | 47.04B | 64.80B | 59.26B | 43.65B | 48.70B |
| Total Debt | 72.95B | 75.65B | 42.60B | 35.54B | 38.00B | 41.85B |
| Total Liabilities | 185.19B | 199.61B | 159.57B | 145.90B | 138.80B | 137.97B |
| Stockholders Equity | 176.86B | 178.99B | 169.05B | 166.42B | 139.89B | 128.92B |
Cash Flow | ||||||
| Free Cash Flow | 47.06B | 53.63B | 41.83B | 39.52B | 25.69B | 27.81B |
| Operating Cash Flow | 50.38B | 57.57B | 44.92B | 41.69B | 28.42B | 29.43B |
| Investing Cash Flow | -72.43B | -73.98B | -8.93B | -8.55B | -15.54B | -10.96B |
| Financing Cash Flow | 34.00M | -1.51B | -30.61B | -17.62B | -18.04B | -16.12B |
BIPROGY Inc. Technical Analysis
Positive
4656.00
Price Trends
4695.06
Positive
4575.84
Positive
4641.38
Positive
Market Momentum
117.96
Negative
70.87
Negative
78.50
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8056, the sentiment is Positive. The current price of 4656 is below the 20-day moving average (MA) of 4834.22, below the 50-day MA of 4695.06, and above the 200-day MA of 4641.38, indicating a bullish trend. The MACD of 117.96 indicates Negative momentum. The RSI at 70.87 is Negative, neither overbought nor oversold. The STOCH value of 78.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8056.
BIPROGY Inc. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | ¥189.45B | 17.38 | 18.62% | 3.01% | 2.62% | 3.56% | |
75 Outperform | ¥33.77B | 9.45 | 10.39% | 5.00% | 3.46% | 6.90% | |
74 Outperform | ¥141.65B | 11.31 | 10.11% | 3.70% | 5.64% | -4.56% | |
72 Outperform | ¥938.55B | 20.38 | ― | 1.95% | 4.90% | -2.39% | |
71 Outperform | ¥768.76B | 24.85 | 11.35% | 2.11% | 13.99% | 15.49% | |
66 Neutral | ¥460.27B | 16.66 | ― | 2.73% | 3.83% | 8.51% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
JP:8056
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BIPROGY Inc. Corporate Events
BIPROGY’s First-Quarter Profit Slips as IT Product Demand Softens
Aug 5, 2026
BIPROGY Inc., a Japanese IT solutions provider, reported a year-on-year decline in first-quarter revenue for the fiscal year ending March 2027, with sales falling 5.6% to ¥91.5 billion. Despite the top-line contraction, gross profit edged up ...
BIPROGY Posts Softer Q1 but Keeps Full-Year Outlook and Dividend Plan Intact
Aug 5, 2026
BIPROGY Inc. reported a weaker start to fiscal 2027, with first-quarter revenue declining 5.6% year on year to ¥91.46 billion and operating profit dropping 20.4%, while adjusted operating profit fell 14.7%. Profit attributable to owners of pa...
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.