1. Japan Stocks

  2. •

    Technology

  3. •

    Information Technology Services
NSW Inc.

NSW Inc.

9739.T
NSW Inc.JP flagTokyo Stock Exchange
2,511.00
JPY
+5.00
- -
37.41BMarket Cap
NSW Inc.
9739.T
(Tokyo Stock Exchange)

Recent

price

2,511.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
1,671.63
1,643.29
1,745.48
1,808.4
1,890.21
2,009.64
2,058.24
2,248.5
2,423.34
2,568.72
2,636.45
2,916.34
3,099.98
3,375.89
3,357.72
- -
3,375.89
Revenue per Share
37.93
14.84
26.22
60.68
68.25
82.13
114.26
138.59
153.43
179.07
185.58
232.83
274.51
287.73
245.78
- -
287.73
Basic EPS, GAAP
98.54
36.86
54.8
15.84
97.07
96.35
111.08
139.73
158.59
247.59
109.13
233.1
104.23
312.23
225.24
- -
312.23
Free Cash Flow per Basic Share
11.49
15
14.98
15
14.98
22.49
24.97
19.93
27.45
32.42
34.9
39.93
54.9
60
94.9
- -
60
Dividend per Share
581.79
581.63
791.62
837.3
882.23
941.86
668.32
1,156.06
1,282.04
1,428.63
1,579.24
1,772.14
1,991.68
2,219.41
2,370.23
- -
2,219.41
Book Value per Share
771.11
779.78
794.71
837.94
884.23
943.35
1,038.28
1,151.43
1,279.22
1,426.55
1,578.37
1,762.07
1,985.17
2,204.85
2,349.83
- -
2,204.84
Tangible Book Value per Share
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
- -
15
Basic Weighted Avg Shares
24,907
24,485
26,007
26,945
28,164
29,943
30,667
33,502
36,107
38,273
39,282
43,452
46,188
50,299
50,028
52,431
50,299
Sales/Revenue/Turnover
5.43
6.22
6.19
6.84
8.1
8.72
7.79
8.79
9.3
10.1
10.7
11.33
11.68
11.66
12.29
10.23
11.66
Operating Margin (%)
435
422
409
452
459
477
509
496
460
475
488
556
443
466
497
482
466
Depreciation Expense
565
221
391
904
1,017
1,224
1,702
2,065
2,286
2,668
2,765
3,469
4,090
4,287
3,662
3,709
4,287
Net Income, GAAP
27.46
68.14
51.98
42.86
45.34
40.44
31.24
31.36
32.73
31.09
30.22
31.69
24.78
29.35
32.54
30.01
29.35
Effective Tax Rate (%)
2.27
0.9
1.5
3.36
3.61
4.09
5.55
6.16
6.33
6.97
7.04
7.98
8.86
8.52
7.32
7.07
8.52
Profit Margin (%)
3,290
3,795
4,251
5,263
6,495
7,615
9,273
10,670
12,616
15,026
17,417
20,311
22,695
26,160
28,032
29,577
26,160
Working Capital
341
215
106
23
2
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
11,723
11,729
11,929
12,606
13,286
14,152
15,548
17,312
19,195
21,372
23,618
26,517
29,879
33,173
35,414
37,890
33,173
Total Equity
6.21
3.18
5.27
7.27
8.63
10.56
10.51
11.68
11.62
12.33
12.36
12.65
13.6
12.62
11.6
9.86
12.62
Return on Invested Capital (%)
4.84
1.91
3.09
6.6
7.6
9
14.19
15.19
12.59
13.21
12.34
13.89
14.59
13.67
10.71
10.15
13.67
Return on Capital (%)
6.67
2.55
3.82
7.45
7.94
9.01
14.19
15.19
12.59
13.21
12.34
13.89
14.59
13.67
10.71
10.15
13.67
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'24
Dec'24
Mar'24
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
15
15
15
Market Capitalization
41,748
42,389
46,933

Working Capital

FRC

•

in mil. unless spec.
Sep'24
Dec'24
Mar'24
Total Current Assets
31,382
31,401
34,218
Cash, Cash Equivalents & STI
16,800
17,194
18,812
Accounts Receivable, Net
10,950
9,309
12,821
Inventories
2,820
3,849
1,904
Total Current Liabilities
7,726
6,972
8,058
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.37%
9.94%
6.99%
Free Cash Flow
25.43%
39.9%
-30.51%
Net Income, GAAP
12.64%
6.98%
1.28%
Sales/Revenue/Turnover
5.82%
6.02%
4.8%
Total Cash Common Dividend
16.32%
21.78%
-10.47%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10,794
12,988
11,126
15,391
50,299
2025
- -
- -
- -
- -
50,028
2026
- -
- -
- -
- -
52,431

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
38.52
- -
- -
- -
287.73
2025
- -
- -
- -
- -
245.78
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
29.4
- -
- -
- -
60
2025
- -
- -
- -
- -
94.9
2026
- -
- -
- -
- -
- -
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Business
NSW Inc. is a Japanese IT solutions provider specializing in enterprise IT services, embedded system development, and device solutions. It offers a diverse range of products and services including application, middleware, and driver development for automotive and industrial sectors; embedded system solutions; as well as LSI and FPGA development for image processing and communication control fields. The company serves clients primarily in Japan and coordinates hardware, software, and network integration for comprehensive IT solutions. Founded in 1966 and headquartered in Tokyo, NSW Inc. changed its name from Nippon Systemware Co., Ltd. in June 2022 to reflect its broader market focus. Recent major company changes include maintaining steady financial results in the first half of 2025, with net sales increasing modestly while operating profits declined, illustrating operational adjustments amidst market conditions. NSW Inc. continues to strengthen its embedded and device solutions segments while ensuring robust shareholder returns. The company maintains a strong financial position with a solid equity-to-asset ratio. No recent acquisitions or partnerships specific to NSW Inc. beyond these operational and financial shifts were disclosed publicly in the last two years, indicating a focus on internal consolidation and organic growth.