Base Co., Ltd.

Base Co., Ltd.

TTSE:4481
3,215.00
JPY
+50.00
(+1.58%)
51.98BMarket Cap
Nov 13Next Earn
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
336.56
474.24
610.7
696.29
742.34
943.55
1,022.33
1,082.04
1,183.35
- -
Basic EPS, GAAP
31.01
44.44
71.63
97.87
118.72
150.9
187.61
207.07
229.31
- -
Free Cash Flow per Basic Share
17.76
83.67
75.36
142.7
77.23
201.64
177.22
206.21
242.25
- -
Dividend per Share
21.57
10.83
13.26
29.95
34.95
44.93
95.66
102.21
109.37
- -
Book Value per Share
153.09
179.7
310.71
376.99
466
568.57
647.24
716.38
785.63
835.79
Tangible Book Value per Share
139.7
169.76
304.02
373.42
465.41
568.32
647.05
716.21
785.42
835.61
Basic Weighted Avg Shares
17
16
16
18
18
18
18
19
18
18
Sales/Revenue/Turnover
5,889
7,501
9,715
12,401
13,294
17,046
18,709
20,230
21,787
- -
Operating Margin (%)
13.54
14.61
17.29
19.66
22.58
22.94
25.13
25.84
26.39
- -
Depreciation Expense
67
82
71
66
73
34
25
24
17
- -
Net Income, GAAP
543
703
1,139
1,743
2,126
2,726
3,433
3,871
4,222
- -
Effective Tax Rate (%)
33.07
34.02
30.25
26.87
28.39
29.74
25.85
25.73
27.1
- -
Profit Margin (%)
9.21
9.37
11.73
14.06
15.99
15.99
18.35
19.14
19.38
- -
Working Capital
3,784
3,375
5,045
5,825
7,242
9,028
10,794
11,757
11,817
12,904
LT Debt
2,333
1,422
715
266
93
12
- -
- -
- -
- -
Total Equity
2,798
3,271
5,657
6,901
8,585
10,599
12,457
13,587
14,621
15,559
Return on Invested Capital (%)
- -
11.58
17.52
22.81
24.55
26.15
28.09
28.12
27.87
- -
Return on Capital (%)
- -
11.52
17.82
23.37
25.53
27.53
29.25
29.58
29.89
- -
Return on Common Equity (%)
- -
24.14
26.31
28.46
28.16
29.15
30.54
30.51
30.73
- -

Capital Structure

JPY

•

in mil. unless spec.
Jun'24
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
19
18
18
Market Capitalization
53,544
57,499
51,980

Working Capital

JPY

•

in mil. unless spec.
Jun'24
Mar'26
Jun'26
Total Current Assets
14,620
- -
15,902
Cash, Cash Equivalents & STI
10,681
- -
12,652
Accounts Receivable, Net
2,613
- -
2,965
Inventories
93
- -
105
Total Current Liabilities
2,900
- -
2,998
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
- -
16.41%
7.61%
Free Cash Flow
- -
28.28%
15.69%
Net Income, GAAP
- -
19.59%
9.05%
Sales/Revenue/Turnover
- -
12.2%
7.7%
Total Cash Common Dividend
- -
35.45%
5.37%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,790
4,874
- -
- -
20,230
2025
- -
- -
- -
- -
21,787
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
47.06
41.19
- -
- -
207.07
2025
- -
- -
- -
- -
229.31
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
102.21
2025
- -
- -
- -
- -
109.37
2026
- -
- -
- -
- -
- -

Company Description

CEO
Katsunari Nakayama
Full Time Employees
1,332
Sector
Technology services
Industry
Packaged software
Address
Akihabara UDX Tokyo TY Japan 101-0021
IPO Date
Dec 16, 2019
Business
Base Co., Ltd. (TSE: 4481) engages primarily in software development and IT services in Japan, providing system integration, enterprise resource planning (ERP) solutions including SAP implementation and support for modules such as FI/CO, MM, SD/CRM, Hybris commerce, and analytics with ABAP, Fiori, Java, web, and cloud development; customer relationship management (CRM) and middleware component software; e-KYC online identity verification services compliant with Japan's crime proceeds prevention regulations; ICT business process outsourcing (BPO) combining system and operational support for efficiency and error reduction; and additional offerings like Nippon Individual Savings Account (NISA) opening services and optical character recognition (OCR) card number recognition. Founded in 1997 and headquartered in Akihabara UDX, Tokyo, the company operates exclusively in Japan, serving sectors including financial, distribution, and manufacturing industries with total system development from requirements definition through operation and maintenance, leveraging Japanese and Chinese engineering strengths. Recent developments include the announcement of an equity buyback program for 400,000 shares, or 2.16% of outstanding shares, valued at ¥1,200 million in August 2025; executive officer changes for 2026 disclosed in November 2025; and strong financial growth reported in 2025 with net sales reaching ¥20.23 billion for fiscal year 2024, alongside ongoing expansion in manufacturing sector orders.