1. Japan Stocks

  2. •

    Utilities

  3. •

    Renewable Utilities
gremz,Inc.

gremz,Inc.

GRMZF
gremz,Inc.US flagOther OTC
18.44
USD
- -
- -
426.00MMarket Cap
gremz,Inc.
GRMZF
(Other OTC)

Recent

price

18.44

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
189.78
214.95
255.48
284.87
282.11
294.14
308.14
386.2
525.7
686.45
852.17
1,021.09
1,377.73
1,299.48
1,443.17
1,468.91
604.49
Revenue per Share
13.23
4.27
11.19
7.6
8.86
17.44
21.93
30.25
43.4
65.75
49.45
94.81
108.19
153.83
197.3
211.96
59
Basic EPS, GAAP
-2.78
-8.28
8.75
-9.55
-16.01
20.36
14.61
33.35
34.23
67.42
126.32
-39.79
35.74
170.07
187.22
135.55
- -
Free Cash Flow per Basic Share
2.52
2.48
2.5
2.49
2.34
2.5
2.5
6.65
6.3
8.49
14.45
16.98
18.98
31.97
51.99
83.96
- -
Dividend per Share
59.6
58.05
65.99
71.07
82.12
93.25
85.97
134.67
172.71
233.98
269.8
353.53
443.8
562.87
706.06
835.4
629.88
Book Value per Share
58.18
51.13
68.36
74.91
94.95
106.25
126.3
149.25
165.02
226.76
264.89
347.73
428.26
555.4
698.34
841.13
623.66
Tangible Book Value per Share
20
20
20
20
22
23
23
23
23
23
23
23
23
23
23
23
23
Basic Weighted Avg Shares
3,888
4,366
5,221
5,782
6,172
6,739
7,110
8,980
12,138
15,490
19,312
23,252
31,392
29,908
33,341
33,936
13,964
Sales/Revenue/Turnover
12.51
6.77
3.03
4.81
5.77
8.54
10.58
11.34
11.54
13.6
8.55
10.54
11.47
17.45
19.5
21.08
14.47
Operating Margin (%)
39
68
131
52
63
77
116
105
114
111
113
112
124
190
200
218
- -
Depreciation Expense
271
87
229
154
194
400
506
703
1,002
1,484
1,121
2,159
2,465
3,541
4,558
4,897
1,363
Net Income, GAAP
44.22
69.22
20.9
45.58
43.35
36.8
36.48
34.64
32.44
31.48
35.51
32.92
33.04
32.15
31.37
31.83
31.47
Effective Tax Rate (%)
6.97
1.99
4.38
2.67
3.14
5.93
7.12
7.83
8.25
9.58
5.8
9.28
7.85
11.84
13.67
14.43
9.76
Profit Margin (%)
942
903
1,262
1,361
1,921
2,292
2,569
2,839
3,040
3,757
5,961
6,063
9,505
11,103
14,470
17,295
12,319
Working Capital
- -
349
251
301
808
1,006
1,176
898
764
769
1,621
1,163
2,248
2,473
2,342
2,338
2,110
LT Debt
1,300
1,270
1,443
1,554
2,106
2,458
2,932
3,480
3,843
5,133
6,017
7,968
10,009
12,992
16,309
19,559
14,603
Total Equity
20.05
5.23
6.08
6.77
6.88
9.6
10.75
13.38
17.7
23.16
13.41
16.8
19.58
22.11
22.36
20.92
7.85
Return on Invested Capital (%)
24.41
6.09
12.31
7.5
7.68
12.29
14.23
17.57
20.7
25.41
15.24
24.1
21.54
23.67
24.88
22.89
8.41
Return on Capital (%)
24.41
7.23
18.1
11.05
11.97
20.32
24.56
27.5
28.15
32.02
19.67
30.48
27.15
30.7
31.15
27.5
10.29
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
1,292
- -
1,232
LT Borrowings
2,473
- -
2,110
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
23
- -
23
Market Capitalization
39,221
42,020
37,520

Working Capital

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
16,913
- -
18,890
Cash, Cash Equivalents & STI
10,474
- -
11,166
Accounts Receivable, Net
3,635
- -
5,104
Inventories
2,476
- -
2,413
Total Current Liabilities
5,810
- -
6,571
Payables & Accruals
- -
- -
- -
ST Debt
1,292
- -
1,232
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
23.25%
26.66%
19.92%
Free Cash Flow
32.7%
8.41%
-27.6%
Net Income, GAAP
31.83%
37.33%
7.43%
Sales/Revenue/Turnover
18.32%
12.79%
1.79%
Total Cash Common Dividend
49.07%
44.95%
61.51%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7,508
8,437
7,805
6,158
29,908
2025
- -
- -
- -
- -
33,341
2026
- -
- -
- -
- -
33,936

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
55.75
- -
- -
- -
153.83
2025
- -
- -
- -
- -
197.3
2026
- -
- -
- -
- -
211.96

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
31.97
2025
- -
- -
- -
- -
51.99
2026
- -
- -
- -
- -
83.96
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Business
grems,Inc. (formerly gremz,Inc.) provides comprehensive energy solutions and electricity retailing services primarily in Japan; it operates through three main segments including Energy Cost Solutions, Smart House Project, and Electricity Retailing, offering consulting for corporate energy cost reductions; sales of LED lighting equipment, electronic circuit breakers, commercial air conditioning units, transformers, energy-efficient appliances, and photovoltaic systems for business self-consumption; household solar power generation systems, storage batteries, and fully-electric appliances to retail consumers; development and generation of renewable energy via mega-solar power plants; electricity retailing to low-voltage (100V/200V) and high-voltage (6,600V) customers including businesses and households; and incubation activities for new business development and online product sales. The company, founded in 2005 and headquartered at Tennoz First Tower in Tokyo, Japan, maintains consolidated subsidiaries such as GR consulting,Inc., gremz power,Inc., gremz solar,Inc., and gremz energy,Inc., serving approximately 58,000 low-voltage business customers, 3,400 high-voltage customers, and 22,000 Smart House consumers while generating about 3MW from renewable sources. In June 2025, it changed its name from gremz,Inc. to grems,Inc.; it continues to expand electricity retailing and energy intermediation services, reports record sales growth with net sales up 3.9% and operating income rising 8.1% in recent periods, provides earnings forecasts for fiscal year ending March 2026, and sustains listings on the Tokyo Stock Exchange Prime Market following its 2022 migration.