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    Industrials

  3. •

    Specialty Business Services
Pasco Corporation

Pasco Corporation

PCRRF
Pasco CorporationUS flagOther OTC
11.39
USD
- -
- -
164.00MMarket Cap
Pasco Corporation
PCRRF
(Other OTC)

Recent

price

11.39

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
FRC
2,784.68
2,906.87
3,018.69
3,484.91
3,549.85
3,793.4
3,667.19
3,654.9
3,586.86
3,539.44
3,598.38
3,754.39
3,816.42
3,889.6
4,302.48
- -
4,216.14
Revenue per Share
-100.98
153.6
130.16
77.54
101.51
129.24
79.05
11.08
-36.34
69.31
91.24
240.76
225.95
161.87
284.38
- -
353.66
Basic EPS, GAAP
324.51
301.82
-207.36
29.28
-123.29
-162.26
97.38
-57.96
-14.06
420.09
184.97
- -
170.12
260.86
72.71
- -
- -
Free Cash Flow per Basic Share
- -
- -
25
40.01
40
40.01
45.01
45.01
45.01
44.98
- -
- -
24.97
34.86
39.96
- -
- -
Dividend per Share
449.78
725.55
830.96
868.78
930.42
1,025.17
1,084.21
1,006.83
321.29
954.39
1,045.97
1,287.01
1,488.18
1,598.09
1,847.23
- -
2,132.94
Book Value per Share
391.92
590.19
620.5
577.69
635.68
710.76
729.73
679.66
706.87
770.86
839.3
1,016.78
1,261.6
1,405.23
1,724.85
- -
2,069.94
Tangible Book Value per Share
14
14
14
14
14
14
14
14
14
14
14
14
14
14
14
- -
14
Basic Weighted Avg Shares
40,319
42,060
43,662
50,388
51,318
54,815
52,965
52,767
51,767
51,067
51,903
54,142
55,029
56,228
62,016
60,704
60,704
Sales/Revenue/Turnover
4.68
5.83
7.66
7.41
7.5
7.74
4.26
1.93
2.29
4.02
5.15
6.55
8.54
6.89
10.37
8.74
8.74
Operating Margin (%)
1,447
1,598
1,655
1,988
2,348
2,544
3,058
3,086
3,052
2,575
2,279
1,729
1,675
1,740
1,766
1,841
- -
Depreciation Expense
-1,462
2,222
1,883
1,121
1,468
1,868
1,142
160
-525
1,000
1,316
3,472
3,258
2,340
4,099
5,092
5,092
Net Income, GAAP
- -
- -
19.85
61.98
52.18
49.08
43.75
74.19
- -
38.92
32.38
16.11
25.9
31.22
27.16
30.03
30.03
Effective Tax Rate (%)
-3.63
5.28
4.31
2.22
2.86
3.41
2.16
0.3
-1.01
1.96
2.54
6.41
5.92
4.16
6.61
8.39
8.39
Profit Margin (%)
13,747
15,067
12,571
10,458
11,145
10,468
11,672
14,173
15,023
16,561
17,520
20,785
23,261
25,194
27,802
31,129
31,129
Working Capital
20,269
19,099
18,264
18,338
18,207
18,198
18,142
18,081
18,073
18,080
16,845
15,205
15,218
14,400
11,600
10,840
10,840
LT Debt
8,394
10,856
11,990
12,410
13,754
16,052
17,190
15,094
13,868
14,187
15,237
17,950
21,842
24,042
27,731
32,871
32,871
Total Equity
- -
- -
6.06
2.93
3.54
3.87
2.19
0.47
- -
2.25
3.35
5.73
6.5
4.68
7.99
6.14
6.14
Return on Invested Capital (%)
- -
- -
4.84
2.84
3.28
3.59
2.1
0.33
- -
1.97
2.49
6.71
6.14
4.2
7.24
8.74
8.74
Return on Capital (%)
-29.63
26.13
16.72
9.12
11.28
13.21
7.49
1.06
-5.47
10.87
9.12
20.64
16.28
10.5
16.49
17.76
17.76
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'24
Dec'24
Mar'24
ST Debt
22
10,024
16,922
LT Borrowings
10,800
10,800
10,800
LT Finance Leases
55
49
40
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
14
14
14
Market Capitalization
24,506
23,140
24,836

Working Capital

FRC

•

in mil. unless spec.
Sep'24
Dec'24
Mar'24
Total Current Assets
34,770
46,157
60,785
Cash, Cash Equivalents & STI
14,361
13,871
19,729
Accounts Receivable, Net
17,238
28,056
37,985
Inventories
523
761
329
Total Current Liabilities
9,579
19,226
29,656
Payables & Accruals
- -
- -
- -
ST Debt
22
10,024
16,922
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.99%
16.69%
18.54%
Free Cash Flow
- -
- -
201.15%
Net Income, GAAP
-58.28%
45.78%
24.23%
Sales/Revenue/Turnover
1.09%
3.26%
-2.12%
Total Cash Common Dividend
- -
- -
74.83%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
10,861
12,103
15,471
18,130
56,228
2023
11,223
13,196
15,919
21,499
62,016
2024
10,235
12,190
16,188
22,091
60,704

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
-17.83
- -
- -
- -
161.87
2023
31.22
- -
- -
- -
284.38
2024
13.96
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
34.86
2023
- -
- -
- -
- -
39.96
2024
- -
- -
- -
- -
- -
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Business
Pasco Corporation (TSE:9232, OTC:PCRRF) provides geospatial information services, leveraging satellite imagery, aerial surveys, and advanced data processing technologies to deliver mapping, monitoring, and analysis solutions for infrastructure, environmental management, disaster response, agriculture, urban planning, and natural resource sectors. The company offers core products and services including high-resolution satellite data from Japan's Advanced Land Observing Satellites such as ALOS-2 (PALSAR-2 radar for all-weather surface monitoring) and ALOS-4; InSAR packages for ground deformation detection; 3D mapping and digital elevation models; geospatial analytics for crop health, yield estimation, deforestation tracking, and land use changes; disaster emergency photography and mapping; satellite ground station services; and customized solutions across energy, maritime, and infrastructure applications. PASCO operates primarily in Japan with domestic offices in Tokyo, Sendai, Nagoya, Osaka, Hiroshima, and Fukuoka, and maintains international subsidiaries including PASCO Philippines Corporation, PASCO (Thailand) Co., Ltd., and PT. Nusantara Secom InfoTech in Indonesia, serving government agencies, research institutions, and commercial clients globally. Founded in 1953 and headquartered at PASCO Meguro Sakura Bldg in Tokyo, Japan, the company is majority-owned by SECOM Co., Ltd. (75%) with the remaining 25% held by ITOCHU Corporation through its subsidiary IS Frontier Partners Co., Ltd. Recent major changes include the October 2024 completion of a ¥7 billion acquisition by SECOM and IS Frontier Partners of an additional 22.96% stake, increasing their combined ownership; selection in January 2025 as an advanced radar satellite data service provider for ALOS-4 observation data utilization; and participation in February 2025 in the Marble Visions joint venture with NTT DATA (60% ownership) and Canon Electronics (10%), where PASCO holds 30%, to develop a high-resolution, high-frequency 3D Earth observation satellite constellation launching in 2027 for annual global map updates and enhanced digital twin applications. Net sales reached JPY58.5 billion for the fiscal year ended March 31, 2025, with 2,838 employees supporting its medium-term management plan through 2025 focused on geospatial innovation and sustainability.