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ISB CORP (Japan)
(9702)
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Rating:68Neutral
Price Target:
¥2,585.00
▲(49.16% Upside)
Action:Downgraded
Date:09/06/26
The score is driven primarily by solid underlying financial stability from a very conservative balance sheet, tempered by weaker recent profitability and cash-flow conversion. Valuation is reasonable with a modest dividend, while technical indicators are mixed with subdued near-term momentum.
Positive Factors
Very conservative balance sheet
Minimal leverage materially reduces financial risk and gives ISB greater flexibility to fund operations, withstand demand fluctuations, and pursue investment without heavy interest obligations. Consistent growth in equity and assets further supports financial resilience over the coming quarters.
Negative Factors
Sharp 2025 profitability deterioration
The divergence between higher revenue and sharply lower 2025 net income raises concern about operating-cost control and earnings quality. Unless margins recover, weaker profitability could reduce internal funding capacity and limit the benefit of continued top-line expansion.
Read all positive and negative factors
Positive Factors
Negative Factors
Very conservative balance sheet
Minimal leverage materially reduces financial risk and gives ISB greater flexibility to fund operations, withstand demand fluctuations, and pursue investment without heavy interest obligations. Consistent growth in equity and assets further supports financial resilience over the coming quarters.
Read all positive factors
ISB CORP (Japan) (9702) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥27.12B
Dividend Yield2.34%
Average Volume (3M)31.43K
Price to Earnings (P/E)16.0
Beta (1Y)0.61
Revenue Growth5.69%
EPS Growth-1.50%
CountryJP
Employees2,246
SectorGeneral
Sector StrengthN/A
IndustrySoftware - Application
Share Statistics
EPS (TTM)145.82
Shares Outstanding11,478,497
10 Day Avg. Volume19,370
30 Day Avg. Volume31,433
Financial Highlights & Ratios
PEG Ratio-0.47
Price to Book (P/B)1.37
Price to Sales (P/S)0.54
P/FCF Ratio23.35
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
ISB CORP (Japan) Business Overview & Revenue Model
Company Description
Established in Tokyo, Japan, in 1970, ISB Corporation is a prominent provider of software development services. Their expertise spans various sectors, including mobile, medical, and in-vehicle applications within Japan. The company also delivers e...
How the Company Makes Money
ISB CORP primarily makes money by providing contracted IT services and software engineering work for customers. Its core revenue stream is project-based systems integration and custom software development, where it earns fees for delivering specif...
ISB CORP (Japan) Financial Statement Overview
Summary
Income Statement
67
Positive
Balance Sheet
90
Very Positive
Cash Flow
56
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 37.75B | 37.02B | 33.95B | 32.39B | 28.95B | 26.18B |
| Gross Profit | 8.56B | 8.41B | 8.24B | 7.44B | 6.60B | 5.84B |
| EBITDA | 2.93B | 2.77B | 3.05B | 3.24B | 2.81B | 2.43B |
| Net Income | 1.67B | 1.44B | 2.03B | 1.47B | 1.42B | 1.11B |
Balance Sheet | ||||||
| Total Assets | 20.81B | 21.61B | 19.98B | 18.13B | 16.46B | 14.36B |
| Cash, Cash Equivalents and Short-Term Investments | 9.04B | 9.08B | 8.98B | 8.88B | 7.63B | 6.07B |
| Total Debt | 120.00M | 120.00M | 122.72M | 123.60M | 120.07M | 121.02M |
| Total Liabilities | 5.90B | 7.09B | 6.47B | 6.31B | 5.78B | 4.80B |
| Stockholders Equity | 14.90B | 14.52B | 13.50B | 11.82B | 10.68B | 9.56B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 850.00M | 1.51B | 1.83B | 1.81B | 1.31B |
| Operating Cash Flow | 0.00 | 1.75B | 1.88B | 1.95B | 1.93B | 1.46B |
| Investing Cash Flow | 0.00 | -1.02B | -1.35B | -270.09M | -73.18M | -202.94M |
| Financing Cash Flow | 0.00 | -617.00M | -480.65M | -454.86M | -341.20M | -402.86M |
ISB CORP (Japan) Technical Analysis
Neutral
1733.00
Price Trends
2351.08
Negative
2297.86
Positive
2060.11
Positive
Market Momentum
-1.14
Positive
42.98
Neutral
20.38
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9702, the sentiment is Neutral. The current price of 1733 is below the 20-day moving average (MA) of 2444.20, below the 50-day MA of 2351.08, and below the 200-day MA of 2060.11, indicating a neutral trend. The MACD of -1.14 indicates Positive momentum. The RSI at 42.98 is Neutral, neither overbought nor oversold. The STOCH value of 20.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:9702.
ISB CORP (Japan) Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | ¥31.35B | 12.00 | ― | 3.78% | 10.84% | 11.95% | |
74 Outperform | ¥5.46B | 10.23 | ― | 2.63% | 16.86% | -14.98% | |
68 Neutral | ¥27.12B | 16.01 | ― | 2.34% | 5.69% | -1.50% | |
60 Neutral | ¥18.90B | 8.07 | ― | 0.82% | 7.11% | 146.94% | |
57 Neutral | ¥18.31B | 9.84 | ― | 3.20% | 12.33% | 13.11% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
JP:9702
ISB CORP (Japan)
2,338.00
617.12
35.86%
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ISB CORP (Japan) Corporate Events
ISB Corp lifts interim profit and maintains bullish full-year outlook with higher dividend plan
Aug 7, 2026
ISB Corporation reported consolidated net sales of ¥19.17 billion for the six months ended June 30, 2026, a 4.0% year-on-year increase, with operating profit up 12.3% to ¥1.58 billion and profit attributable to owners of parent rising 28...
ISB Corp Details First-Half FY2026 Results and Market Position
Aug 7, 2026
ISB Corporation has released its financial results for the first half of the fiscal year ending December 31, 2026, outlining the performance of its information services and security systems businesses. The disclosure underscores the company’...
ISB to Absorb Securities-Holding Subsidiary T-stock in Group Streamlining Move
Jun 23, 2026
ISB Corporation will absorb its wholly owned subsidiary T-stock Co., Ltd. in an absorption-type merger effective October 1, 2026, with ISB as the surviving entity. The move targets consolidation of T-stock, which owns 50% of Takes Co., Ltd., into ...
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.