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Headwaters Co., Ltd.

Headwaters Co., Ltd.

TTSE:4011
2,200.00
JPY
-51.00
(-2.27%)
12.31BMarket Cap
Nov 13Next Earn
Headwaters Co., Ltd.
TSE:4011
(Tokyo Stock Exchange)

Recent

price

2,200.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
TTM
JPY
253
324.42
339.78
315.55
420.48
617.39
767.16
1,023.77
- -
Revenue per Share
11.78
30.43
45.11
7.28
20.07
18.85
72.01
15.13
- -
Basic EPS, GAAP
2.27
61.15
50.74
12.21
11.59
19.05
31.11
-16.16
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
76.52
103.65
204.95
213.71
233.78
254.73
333.73
345.93
123.98
Book Value per Share
76.52
103.65
204.95
213.71
229.27
251.09
331.08
303.85
-931.91
Tangible Book Value per Share
4
3
3
4
4
4
4
4
4
Basic Weighted Avg Shares
934
1,068
1,153
1,171
1,575
2,315
2,906
3,900
- -
Sales/Revenue/Turnover
4.87
11.29
14.7
7.8
6.99
4.1
10.6
5.88
- -
Operating Margin (%)
3
4
6
7
11
15
20
36
- -
Depreciation Expense
43
100
153
27
75
71
273
58
- -
Net Income, GAAP
15.39
17.3
1.75
57.19
29.72
27.54
24.21
41.04
- -
Effective Tax Rate (%)
4.65
9.38
13.28
2.31
4.77
3.05
9.39
1.48
- -
Profit Margin (%)
299
382
715
755
809
894
932
-913
-499
Working Capital
27
17
- -
- -
- -
- -
- -
- -
340
LT Debt
282
383
757
800
875
962
1,273
1,354
782
Total Equity
- -
25.08
26.6
4.8
8.84
7.04
18.81
5.64
- -
Return on Invested Capital (%)
- -
27.55
26.28
3.47
8.97
7.64
24.25
2.02
- -
Return on Capital (%)
- -
30.12
26.88
3.47
8.97
7.71
24.51
4.44
- -
Return on Common Equity (%)

Capital Structure

JPY

•

in mil. unless spec.
Jun'24
Mar'26
Jun'26
ST Debt
- -
- -
134
LT Borrowings
- -
- -
340
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4
4
6
Market Capitalization
22,097
8,691
12,313

Working Capital

JPY

•

in mil. unless spec.
Jun'24
Mar'26
Jun'26
Total Current Assets
1,445
- -
3,236
Cash, Cash Equivalents & STI
1,101
- -
1,845
Accounts Receivable, Net
296
- -
1,185
Inventories
12
- -
17
Total Current Liabilities
433
- -
3,735
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
134
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
12.75%
6.37%
Free Cash Flow
- -
-20.13%
-152.25%
Net Income, GAAP
- -
59.34%
-78.86%
Sales/Revenue/Turnover
- -
28.55%
34.21%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
708
624
- -
- -
2,906
2025
- -
- -
- -
- -
3,900
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
23.89
2.92
- -
- -
72.01
2025
- -
- -
- -
- -
15.13
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Headwaters Co.,Ltd Headwaters Co.,Ltd engages in the planning, development, and integration of artificial intelligence (AI) applications and solutions primarily in Japan. The company provides AI integration services that analyze client operations, conduct proof-of-concept testing, and incorporate suitable AI engines into existing workflows; digital transformation (DX) services supporting client digitalization; product services featuring proprietary AI solutions such as SynApps for robot applications with facial recognition and CMS integration, PocketWorkMate as a cloud-based knowledge sharing tool for business manuals, and Pepper World offering comprehensive support for Pepper robot app planning, development, and event operations; system integration encompassing custom development and consulting; and official production system (OPS) services for ongoing improvement and maintenance of deployed systems. Headwaters Co.,Ltd operates in the technology sector targeting small and medium-sized enterprises across various industries, with a focus on management problem-solving through IT and AI, and maintains geographic operations centered in Japan. Incorporated in 2005 and headquartered in Tokyo at Shinjuku Island Tower, the company employs around 240 people and strengthens capabilities in generative AI through partnerships including Microsoft; in August 2025, it enters an agreement to acquire a 26.1% stake in BBD Initiative Inc. to expand its AI ecosystem.