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JBCC Holdings Inc. (9889) AI Stock Analysis

JP:9889

JBCC Holdings Inc.

(TSE/TYO:9889)

Select Model
Rating:76Outperform
Price Target:JPY 2,445.00â–²(19.27% Upside)
Action:reiterated
Date:10/20/26

The score is driven primarily by strong financial performance (improving margins, low leverage, and higher ROE). Technicals support the longer-term uptrend, but very overbought momentum indicators temper the outlook. Valuation is a moderate headwind given the higher P/E and only mid-level dividend yield.

Positive Factors
Revenue and Margin GrowthSteady revenue expansion alongside a meaningful increase in net margin indicates improving operating performance, not merely larger scale. If sustained, stronger profitability can support reinvestment, resilience, and higher earnings generation over the next several quarters.
Negative Factors
Historical Demand SensitivityEarlier revenue declines and weaker growth show that JBCC’s results have been sensitive to demand conditions. This history makes future expansion less predictable and means margin and earnings progress could weaken if the operating environment becomes less supportive.

JBCC Holdings Inc. (9889) vs. iShares MSCI Japan ETF (EWJ)

-20%0%20%40%60%80%100%JP:9889+64.78%EWJ+15.87%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
JPY 124.18B
Dividend Yield
2.68%
Average Volume (3M)
269.54K
Price to Earnings (P/E)
22.1
Beta (1Y)
0.68
Revenue Growth
8.90%
EPS Growth
20.22%
Country
Japan
Employees
1,604
Sector
Technology
Sector Strength
61
Industry
Information Technology Services

JBCC Holdings Inc. Business Overview & Revenue Model

Company Description

JBCC Holdings Inc. is a Japanese firm that delivers a wide array of information technology services across the country. Its comprehensive offerings encompass IT consulting, the creation of applications and complete systems, operational management, on...

JBCC Holdings Inc. Financial Statement Overview

Summary

Strong fundamentals supported by steady revenue expansion into 2026, improving profitability (net margin rising to ~7%), and a conservatively financed balance sheet with improving ROE (~21%). The main offset is historical variability in growth and cash flow, including weaker periods earlier in the cycle and more volatile free cash flow.

Income Statement

86Very Positive

Balance Sheet

90Very Positive

Cash Flow

78Positive
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue77.20B76.02B69.87B65.19B58.14B55.93B
Gross Profit24.70B24.19B20.97B19.38B18.01B17.00B
EBITDA8.37B7.90B6.89B5.11B4.33B3.82B
Net Income5.47B5.35B4.60B3.19B2.68B2.25B
Balance Sheet
Total Assets45.84B47.39B44.47B37.21B35.95B33.26B
Cash, Cash Equivalents and Short-Term Investments18.25B18.62B17.78B9.90B10.65B12.11B
Total Debt1.90B2.02B2.69B102.00M213.00M596.00M
Total Liabilities21.17B22.51B20.28B16.03B16.07B15.24B
Stockholders Equity24.66B24.88B24.18B21.18B19.88B18.02B
Cash Flow
Free Cash Flow06.01B6.61B1.13B129.00M3.34B
Operating Cash Flow06.03B6.64B1.24B910.00M3.56B
Investing Cash Flow0340.00M361.00M393.00M-964.00M-67.00M
Financing Cash Flow0-5.52B886.00M-2.42B-1.39B-2.14B

JBCC Holdings Inc. Technical Analysis

Technical Analysis SentimentPositive
Last Price2050.00

Price Trends

50DMA1819.18Positive
100DMA1597.89Positive
200DMA1447.95Positive

Market Momentum

MACD128.14Positive
RSI53.14Neutral
STOCH30.93Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9889, the sentiment is Positive. The current price of 2050.00 is above the 20-day moving average (MA) of 2046.30, above the 50-day MA of 1819.18, and above the 200-day MA of 1447.95, indicating a bullish trend. The MACD of 128.14 indicates Positive momentum. The RSI at 53.14 is Neutral, neither overbought nor oversold. The STOCH value of 30.93 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9889.

JBCC Holdings Inc. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

JP:9889 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
JP:2317JP:231783OutperformJPY 152.93B13.52―4.03%6.46%8.76%
JP:3923JP:392381OutperformJPY 394.08B16.25―0.63%16.71%161.67%
JP:9889JP:988976OutperformJPY 142.56B22.09―2.68%8.90%20.22%
JP:9715JP:971574OutperformJPY 137.71B10.999.06%3.81%5.92%-16.28%
JP:4725JP:472573OutperformJPY 33.35B9.3310.39%5.06%3.46%6.90%
JP:3636JP:363666NeutralJPY 84.38B10.14―3.10%9.71%61.00%
Sector *61Neutral$37.18B12.37-10.20%1.83%8.50%-7.62%

* Technology Sector Average

Performance Comparison

0%50%JP:9889JP:9715JP:4725JP:2317JP:3636JP:3923Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
JP:9889 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
JP:9889JBCC Holdings Inc.2050.00803.0664.40%
JP:9715transcosmos 3675.00153.554.36%
JP:4725CAC Holdings Corporation1975.00-52.01-2.57%
JP:2317Systena Corporation422.00-88.08-17.27%
JP:3636Mitsubishi Research Institute5330.00615.6213.06%
JP:3923RAKUS Co., Ltd.1112.00-129.38-10.42%

JBCC Holdings Inc. Corporate Events

JBCC Holdings Completes ¥1 Billion Share Buyback Program

Sep 1, 2026

JBCC Holdings Inc. has completed a share repurchase program authorized by its board of directors, buying back 582,200 shares of common stock on the Tokyo Stock Exchange between August 1 and August 31, 2026. The total purchase amount reached approxima...

JBCC boosts profit, cloud orders and shareholder returns in strong Q1

Aug 7, 2026

JBCC Holdings reported solid first-quarter results for the fiscal year ending March 2027, with net sales rising 6.4 percent year on year to 19,539 million yen and operating profit climbing 20.9 percent to 2,156 million yen. The operating profit margi...

JBCC Holdings Completes Restricted Stock Treasury Share Disposal

Aug 3, 2026

JBCC Holdings Inc. has completed the disposal of 242,700 treasury shares as restricted stock compensation on August 3, 2026, at a price of 1,332 yen per share, for a total value of 323,276,400 yen. The allocation spans directors, executive officers a...

JBCC Holdings Launches ¥1 Billion Share Buyback to Boost Capital Efficiency

Jul 31, 2026

JBCC Holdings Inc. has approved a new share repurchase program, authorizing the buyback of up to 850,000 common shares, equivalent to about 1.36% of its outstanding stock, for a maximum total of ¥1 billion. The purchases will be conducted on the...

JBCC Holdings Raises Dividend Forecast on Strong Cloud and Security Growth

Jul 31, 2026

JBCC Holdings Inc. has revised its dividend forecast upward for the fiscal year ending March 2027 following a strong first quarter performance. The board has approved an increase of the annual dividend from JPY 50 to JPY 60 per share, raising both th...

JBCC Holdings Delivers Strong Q1 Earnings and Hikes Dividend Forecast

Jul 31, 2026

JBCC Holdings reported solid growth for the three months ended June 30, 2026, with net sales rising 6.4% year on year to ¥19,539 million and operating profit climbing 20.9% to ¥2,156 million. Profit attributable to owners of parent increase...

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.

Date of analysis: Oct 20, 2026