Keyware Solutions Inc.

Keyware Solutions Inc.

TTSE:3799
1,162.00
JPY
+66.00
(+6.02%)
9.28BMarket Cap
Oct 29Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
2,075.63
1,996.77
1,932.26
1,839.54
1,976.53
2,065.5
2,217.2
2,623.86
2,352.65
2,385.72
2,548.82
2,610.34
2,719.07
- -
Basic EPS, GAAP
29.06
-9.58
8.06
11
24.13
40.48
41.8
96.61
70.99
60.07
90.65
127.63
95.96
- -
Free Cash Flow per Basic Share
108.39
-5.86
-78.89
116.9
59.45
1.79
83.1
-37.91
47.7
66.08
135.5
-84.06
226.36
- -
Dividend per Share
10.23
10.32
0.01
5.08
5.05
7.95
12.24
14.35
10.88
12.4
12.39
20.54
48.82
- -
Book Value per Share
705.93
702.85
702.84
692.93
711.24
740.57
770.59
885.58
928.41
971.15
1,073.12
906.61
957.32
- -
Tangible Book Value per Share
584.92
570.1
592.47
598.76
655.69
694.28
739.79
847.88
882.8
910.55
1,017.87
864.16
924.04
- -
Basic Weighted Avg Shares
8
8
8
8
8
9
8
7
8
8
8
8
8
8
Sales/Revenue/Turnover
17,201
16,382
15,988
15,373
16,753
17,562
18,428
18,628
18,428
19,174
20,512
21,101
22,725
- -
Operating Margin (%)
2.14
0.01
0.4
0.59
2.45
1.82
2.36
3.41
2.99
3.85
4.26
4.36
4.98
- -
Depreciation Expense
163
127
204
189
190
167
173
76
81
81
208
245
270
- -
Net Income, GAAP
241
-79
67
92
205
344
347
686
556
483
729
1,032
802
- -
Effective Tax Rate (%)
15.36
269.7
39.21
31.44
26.61
16.5
35.76
9.22
26.41
34.27
32.95
22.21
33.14
- -
Profit Margin (%)
1.4
-0.48
0.42
0.6
1.22
1.96
1.89
3.68
3.02
2.52
3.56
4.89
3.53
- -
Working Capital
3,015
2,655
2,839
3,009
3,323
3,383
3,577
2,926
3,881
4,354
4,781
5,704
5,926
- -
LT Debt
1,127
773
676
634
547
320
93
- -
- -
- -
- -
- -
- -
- -
Total Equity
5,765
5,794
5,841
5,816
6,047
6,297
6,330
6,049
7,455
7,808
8,640
7,570
8,004
- -
Return on Invested Capital (%)
4.13
-0.05
0.51
0.83
4.16
3.67
4
7.95
5.16
6.08
6.92
8.63
9.38
- -
Return on Capital (%)
3.64
-1.79
1.08
1.39
2.97
4.86
5.07
9.78
7.28
6.2
8.88
12.74
10.3
- -
Return on Common Equity (%)
4.17
-1.36
1.15
1.58
3.45
5.58
5.5
11.08
8.24
6.33
8.87
12.73
10.3
- -

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
8
8
8
Market Capitalization
9,214
9,281
8,562

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
8,462
9,863
- -
Cash, Cash Equivalents & STI
2,457
3,366
- -
Accounts Receivable, Net
5,267
4,847
- -
Inventories
115
100
- -
Total Current Liabilities
2,953
3,937
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.57%
6.4%
5.74%
Free Cash Flow
326.48%
-126.42%
-378.42%
Net Income, GAAP
36.51%
7.63%
-22.27%
Sales/Revenue/Turnover
3.65%
4.1%
7.69%
Total Cash Common Dividend
5,999.7%
42.58%
145.72%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
21,101
2026
- -
- -
- -
- -
22,725
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
127.63
2026
- -
- -
- -
- -
95.96
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
20.54
2026
- -
- -
- -
- -
48.82
2027
- -
- -
- -
- -
- -

Company Description

CEO
Masahiro Mita
Full Time Employees
1,300
Sector
Technology services
Industry
Information technology services
Address
Shinjuku Eastside Square Tokyo TY Japan 160-8422
IPO Date
Mar 3, 2008
Business
Keyware Solutions Inc is a Japan-based company specializing in the development and provision of information systems and system maintenance services primarily supporting social infrastructure sectors. The company offers comprehensive solutions across transportation operations, including fare collection, train station revenue administration, settlement with other train lines, and IC card operations; communication services such as fixed and mobile phone communication data management, customer and rate management, billing and collection administration; medical services through electronic medical ordering, electronic medical record systems, and hospital management analysis systems; and industrial systems for manufacturing, processing, services, and commerce. Keyware also provides digital transformation consulting services and Personal Health Record solutions targeting local governments and health-oriented companies. It operates mainly in Japan but also engages in system development for transportation, telecommunication, media, and financial services industries. Founded in 1971 and headquartered in Tokyo, Japan, Keyware Solutions has recently expanded its business scope through strategic acquisitions and product portfolio development. Notably, the company acquired Payment Solutions, a Belgium-based player in the electronic payment solutions market, to strengthen its position and diversify offerings in payment terminals and authorization segments. This acquisition expanded Keyware’s portfolio by approximately 2,500 contracts. Keyware has also focused on enhancing digital transformation solutions and productivity improvement consulting services to support client business model innovation. These operational expansions and strategic diversification of services represent significant recent changes to Keyware Solutions' business activities. Keyware Solutions operates in the information technology industry with a primary focus on system integration and IT services that support social infrastructure, commerce, healthcare, and communication sectors. Its products and services are tailored for public agencies, transportation companies, telecommunications firms, financial institutions, media enterprises, manufacturing companies, and healthcare providers. The company provides end-to-end solutions from strategic management formulation to system creation, operation, and maintenance, enabling broad and deep customer engagement across various critical infrastructure and business fields in Japan and internationally. In sum, Keyware Solutions Inc delivers a diverse range of specialized IT systems and maintenance services centered on social infrastructure, communication, medical, and industrial sectors with recent strategic growth through international acquisition and digital transformation initiatives that broaden its service and product offerings.