Hi-CRATES CO. LTD.

Hi-CRATES CO. LTD.

TTSE:4172
2,200.00
JPY
+14.00
(+0.64%)
5.21BMarket Cap
Nov 12Next Earn
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
941.61
968.71
970.55
1,095.58
994.35
916.39
948.89
1,080.37
- -
Basic EPS, GAAP
139.9
120.64
124.74
173.64
141.95
116.03
180.35
201.13
- -
Free Cash Flow per Basic Share
29.55
139.1
203.92
56.72
109.48
-51.98
220.2
187.73
- -
Dividend per Share
25.68
20.83
20.83
31.85
99.97
43
79.98
101.96
- -
Book Value per Share
1,035.79
1,126.45
1,220.43
1,572.28
1,611.22
1,675.85
1,765.81
1,883.48
1,957.82
Tangible Book Value per Share
1,030.14
1,121.83
1,211.3
1,538.54
1,552.48
1,561.45
1,671.89
1,810.84
1,898.81
Basic Weighted Avg Shares
2
2
2
2
2
2
2
2
2
Sales/Revenue/Turnover
2,041
1,906
1,910
2,370
2,215
2,042
2,114
2,407
- -
Operating Margin (%)
22.41
20.02
20.11
25.39
18.8
11.31
19.97
22.83
- -
Depreciation Expense
31
30
30
35
49
68
79
88
- -
Net Income, GAAP
303
237
245
376
316
259
402
448
- -
Effective Tax Rate (%)
35.53
38.55
38.35
30.39
33.87
33.01
31.62
31.17
- -
Profit Margin (%)
14.86
12.45
12.85
15.85
14.28
12.66
19.01
18.62
- -
Working Capital
1,641
1,602
1,801
2,166
1,852
2,027
1,596
1,976
2,093
LT Debt
266
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
2,246
2,442
2,646
3,503
3,590
3,734
3,934
4,196
4,362
Return on Invested Capital (%)
- -
8.92
8.96
13.07
7.53
4.13
7.3
8.93
- -
Return on Capital (%)
- -
9.44
9.65
12.22
8.92
7.06
10.48
11.02
- -
Return on Common Equity (%)
- -
10.13
9.65
12.22
8.92
7.06
10.48
11.02
- -

Capital Structure

JPY

•

in mil. unless spec.
Dec'24
Mar'24
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2
2
2
Market Capitalization
3,453
3,932
5,206

Working Capital

JPY

•

in mil. unless spec.
Dec'24
Mar'24
Mar'26
Total Current Assets
1,525
1,723
2,523
Cash, Cash Equivalents & STI
848
735
1,762
Accounts Receivable, Net
185
432
286
Inventories
186
261
104
Total Current Liabilities
245
414
431
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
- -
10.18%
6.66%
Free Cash Flow
- -
-131.3%
-14.75%
Net Income, GAAP
- -
17.18%
11.52%
Sales/Revenue/Turnover
- -
5.42%
13.85%
Total Cash Common Dividend
- -
69.57%
27.47%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
471
630
- -
- -
2,114
2025
- -
- -
- -
- -
2,407
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
33.28
85.96
- -
- -
180.35
2025
- -
- -
- -
- -
201.13
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
79.98
2025
- -
- -
- -
- -
101.96
2026
- -
- -
- -
- -
- -

Company Description

CEO
Masaya Iizuka
Full Time Employees
117
Sector
Health services
Industry
Medical/Nursing services
Address
3-12-33 Okayama Japan 700-0971
IPO Date
Dec 25, 2020
Business
TOWA Hi SYSTEM CO.,LTD. develops, sells, and supports integrated medical software solutions focused on the dental industry in Japan. Its core products include the Hi Dental Spirit XR-10i, a comprehensive dental electronic medical record system; iPad and web applications for visual inspection, periodontal inspection, patient interviews, self-cost estimation, and image management; and reservation management, receipt, and informed consent systems that enhance operational efficiency for dental clinics. The company provides one-stop services encompassing research and development, system installation, and post-sale support, primarily serving dental hospitals and clinics across western Japan. Founded in 1978 and headquartered in Okayama, Japan, TOWA Hi SYSTEM operates multiple sales offices and specializes in customizing software to meet individual dental clinic needs. Recent developments include steady financial growth with a rising revenue of ¥2.41 billion and net profit of ¥448 million for the fiscal year ending September 2025, reflecting operational expansion and increased adoption of its integrated systems. The company continues to invest in expanding its product offerings and enhancing its electronic medical record functionalities, including the integration of tablet terminal informed consent features and advanced management tools to improve both clinical efficiency and patient care. These strategic enhancements position TOWA Hi SYSTEM as a leading provider of dental IT solutions in the Japanese market, aligning its product development with evolving digital healthcare trends and expanding its customer base within dental hospital segments.