Needs Well, Inc.

Needs Well, Inc.

TTSE:3992
437.00
JPY
+5.00
(+1.16%)
18.21BMarket Cap
Nov 11Next Earn
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
142.45
147.09
179.97
153.04
163.22
157.99
159.29
168.07
228.8
249.37
264.83
- -
Basic EPS, GAAP
7.55
8.24
10.2
9.7
10.29
10.25
11.66
12.47
21.87
21.15
23.42
- -
Free Cash Flow per Basic Share
9.09
6.51
15.31
10.17
2.59
11.86
7.9
10.02
24.72
10.5
19.91
- -
Dividend per Share
0.5
0.56
0.93
3.1
3.11
3.37
3.77
5.83
5.15
6.73
9
- -
Book Value per Share
18.62
26.3
44.91
51.25
58.16
65.6
86.15
90.5
97.07
111.34
125.76
125.32
Tangible Book Value per Share
18.1
25.99
44.63
49.38
56.22
63.87
84.07
88.34
75.43
92.44
109.01
109.49
Basic Weighted Avg Shares
28
31
28
34
34
34
36
40
38
38
38
38
Sales/Revenue/Turnover
3,986
4,587
5,064
5,141
5,518
5,364
5,752
6,730
8,762
9,549
10,033
- -
Operating Margin (%)
8.91
10.44
8.75
9.27
9.21
9.19
10.09
10.26
12.56
12.41
11.52
- -
Depreciation Expense
11
11
11
9
24
24
26
40
141
136
128
- -
Net Income, GAAP
211
257
287
326
348
348
421
499
837
810
887
- -
Effective Tax Rate (%)
39.71
36.6
30.54
30.2
31.14
31.13
27.69
31.13
26.06
32.73
33.09
- -
Profit Margin (%)
5.3
5.6
5.67
6.34
6.3
6.49
7.32
7.42
9.56
8.48
8.84
- -
Working Capital
691
825
1,435
1,444
1,612
1,787
2,981
2,806
2,332
2,797
3,493
3,500
LT Debt
204
105
45
- -
- -
- -
- -
- -
38
30
24
21
Total Equity
581
820
1,497
1,725
1,974
2,232
3,499
3,570
3,714
4,230
4,773
4,756
Return on Invested Capital (%)
- -
22.41
21.06
18
17.3
14.87
13.62
12.59
20.34
18.14
15.62
- -
Return on Capital (%)
- -
26.87
22.31
19.36
18.58
16.55
14.7
14.12
22.76
20.09
19.55
- -
Return on Common Equity (%)
- -
36.7
24.78
20.22
18.8
16.55
14.7
14.12
23.02
20.44
19.75
- -

Capital Structure

JPY

•

in mil. unless spec.
Dec'24
Mar'24
Mar'26
ST Debt
20
21
6
LT Borrowings
36
34
21
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
38
39
38
Market Capitalization
14,888
19,291
18,215

Working Capital

JPY

•

in mil. unless spec.
Dec'24
Mar'24
Mar'26
Total Current Assets
3,821
4,312
5,061
Cash, Cash Equivalents & STI
1,768
2,062
2,700
Accounts Receivable, Net
2,010
2,154
2,196
Inventories
4
17
11
Total Current Liabilities
1,520
1,724
1,560
Payables & Accruals
- -
- -
- -
ST Debt
20
21
6
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
25.61%
17.92%
12.83%
Free Cash Flow
53.4%
35.5%
87.68%
Net Income, GAAP
16.72%
22.71%
9.53%
Sales/Revenue/Turnover
10%
13.7%
5.07%
Total Cash Common Dividend
51.95%
27.6%
32.28%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,393
2,434
- -
- -
9,549
2025
- -
- -
- -
- -
10,033
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6.57
6.7
- -
- -
21.15
2025
- -
- -
- -
- -
23.42
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
6.73
2025
- -
- -
- -
- -
9
2026
- -
- -
- -
- -
- -

Company Description

CEO
Hajime Matsuoka
Full Time Employees
597
Sector
Technology services
Industry
Information technology services
Address
4-1 Kioicho Tokyo Japan 102-0094
IPO Date
Sep 20, 2017
Business
Needs Well Inc. (3992.T) provides comprehensive IT services in Japan, encompassing system construction consulting, design, development, hardware and software selection and sales, operations, and maintenance. The company offers core solutions including NW Security Police, an in-house information security product that prevents unauthorized network access; virtualization solutions; remote access tools; and enterprise systems for finance, communications, distribution, services, logistics, and connected fields. It operates primarily in Japan with offices in Tokyo's Kioicho, Nagatacho, and Nagasaki Development Center, targeting enterprise clients through direct transactions and partnerships. Founded in 1986 and headquartered at Kioicho Office in Chiyoda-ku, Tokyo, Needs Well employs 597 people on a consolidated basis and holds certifications such as ISO27001 for information security management, ISO9001 for quality management, labor dispatch business approval, and DX certification. In recent developments, the company meets all criteria for listing on the Tokyo Stock Exchange Prime Market, enabling sustained growth and enhanced shareholder value; it extended housing allowances from entry year three to seven, supporting employee retention; and Nagasaki Development Center efforts featured in local media highlight nearshore development initiatives. For the fiscal year ended September 2025, consolidated sales reached 10.03 billion yen with capital of 980 million yen.