1. Japan Stocks

  2. •

    Technology

  3. •

    Information Technology Services
ITFOR Inc.

ITFOR Inc.

ITFRF
ITFOR Inc.US flagOther OTC
10.53
USD
-1.33
- -
278.66MMarket Cap
ITFOR Inc.
ITFRF
(Other OTC)

Recent

price

10.53

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
346.42
405.53
384.18
398
409.04
426.64
391.09
418.56
456.48
556.29
595.53
619.03
663.32
758.61
762.26
873.44
413.7
Revenue per Share
17.79
28.63
30.34
36.62
23.48
35.57
31.89
39.77
41.75
44.98
61.56
76.84
82.96
101.77
108.09
104.27
58.41
Basic EPS, GAAP
13.97
1.82
79.65
33
12.14
36.32
44.8
55.77
27.24
53.13
88.33
89.02
42.41
89.35
79.94
88.53
- -
Free Cash Flow per Basic Share
9.99
9.98
14.96
14.82
14.84
14.92
17.21
17.07
19.04
20.03
22.91
22.97
30.06
30.69
65.47
55.87
- -
Dividend per Share
287.68
306.31
321.37
338.18
341.23
356.5
332.58
396.8
430.48
457.12
496.51
547.99
598.37
658.35
686.78
748.41
660.87
Book Value per Share
275.1
306.74
335.34
368.82
364.3
369.35
386.44
404.94
433.07
436.79
493.61
546.2
605.03
676.07
689.06
765.22
676.37
Tangible Book Value per Share
27
27
27
28
28
28
28
28
28
27
27
27
28
27
27
26
27
Basic Weighted Avg Shares
9,398
11,002
10,430
10,975
11,468
12,155
11,112
11,831
12,555
15,239
16,290
17,022
18,322
20,653
20,552
23,101
11,201
Sales/Revenue/Turnover
12.46
11.92
12.61
15.27
9.41
12.68
11.43
12.98
13.04
11.34
13.42
17.81
17.56
18.1
17.19
16.7
18.37
Operating Margin (%)
548
545
407
330
289
266
440
600
524
304
343
356
416
381
353
453
- -
Depreciation Expense
482
777
824
1,010
658
1,013
906
1,124
1,148
1,232
1,684
2,113
2,291
2,771
2,914
2,758
1,581
Net Income, GAAP
50.41
38.05
39.73
41.17
42.33
36.31
32.33
33.25
32.67
33.05
28.35
32.11
30.21
28.02
20.63
31.61
25.54
Effective Tax Rate (%)
5.13
7.06
7.9
9.2
5.74
8.34
8.15
9.5
9.15
8.08
10.34
12.41
12.51
13.42
14.18
11.94
14.12
Profit Margin (%)
5,207
5,574
6,330
7,395
6,900
7,841
8,062
8,374
9,055
9,390
10,353
12,090
13,433
14,620
13,948
14,003
14,542
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
146
- -
LT Debt
8,254
8,834
9,456
10,362
11,319
11,751
12,088
12,214
12,367
12,564
14,101
15,607
17,168
18,837
19,045
21,146
18,734
Total Equity
6.9
9.28
8.45
9.49
5.57
8.37
7.07
8.24
8.73
9.06
11.4
13.32
13.18
14.4
14.32
12.55
8.31
Return on Invested Capital (%)
6.33
9.69
9.63
11.17
7.01
10.06
9.16
10.82
9.93
10.11
12.91
14.75
14.5
16.08
16
13.69
9.24
Return on Capital (%)
6.27
9.64
9.67
11.19
6.97
10.28
9.24
10.88
9.96
10.11
12.9
14.75
14.5
16.08
16
14.4
9.24
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
27
- -
27
Market Capitalization
37,361
38,005
33,936

Working Capital

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
19,498
- -
18,339
Cash, Cash Equivalents & STI
13,956
- -
14,232
Accounts Receivable, Net
4,539
- -
3,271
Inventories
686
- -
563
Total Current Liabilities
4,879
- -
3,798
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
6.15%
8.51%
11.03%
Free Cash Flow
20.87%
10.81%
8.63%
Net Income, GAAP
11.42%
10.93%
-5.37%
Sales/Revenue/Turnover
6.9%
7.35%
12.4%
Total Cash Common Dividend
16.91%
25.57%
-16.29%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,460
4,992
5,011
6,190
20,653
2025
- -
- -
- -
- -
20,552
2026
- -
- -
- -
- -
23,101

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
19.44
- -
- -
- -
101.77
2025
- -
- -
- -
- -
108.09
2026
- -
- -
- -
- -
104.27

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
30.69
2025
- -
- -
- -
- -
65.47
2026
- -
- -
- -
- -
55.87
Similar Companies
Birlasoft Limited (BSOFT.NS)
Dimension Computer Technology Co., Ltd. (6140.TWO)
Direct Communication Solutions, Inc. (DCSI.CN)
Posco Dx Company Ltd. (022100.KS)
Cybertrust Japan Co., Ltd. (4498.T)
ZignSec AB (publ) (ZIGN.ST)
Business
ITFOR Inc. (TSE: 4743) provides IT solutions primarily to regional financial institutions, local governments, retailers, e-commerce providers, contact centers, and other industries in Japan; its core offerings include solutions for financial institutions such as credit management systems with over 70% market share among regional banks, public institutions, retailers and EC providers, cashless payment solutions like iRITSpay (RITS Payment Cloud), contact center solutions, security and infrastructure solutions, network infrastructure construction, computer telephony integration (CTI) solutions, point-of-sale (POS) system hardware, business process outsourcing (BPO) services for collections, data restoration and elimination services, and post-installation system maintenance and operational support through customer services. Founded in 1972 and headquartered at 12th Floor, Ichibancho Tokyu Building, 21 Ichibancho, Chiyoda-ku, Tokyo 102-0082, Japan, the company operates nationwide through offices including West Japan, Chubu, Kyushu, Okinawa Sales, and Tokorozawa Building, with consolidated employees numbering 625 as of March 31, 2025. Subsidiaries encompass CVC Co., Ltd., EeB Corporation, Syddy Inc., and ITFOR・BeX Inc., while AISEL Corporation serves as an equity-method investee. In August 2025, ITFOR executed a basic agreement to acquire additional shares in AISEL Co., Ltd., increasing ownership from 20.3% to at least 41.2% and converting it into a consolidated subsidiary alongside AISEL's subsidiaries FirstStep Co., Ltd. and Brain Assist Inc., aiming to generate synergies in software development, DX support, and security solutions.