Financials Forval Telecom,Inc.

Stocks

Delayed Japan Exchange 02:18:29 2026-08-14 EDT			5-day change	1st Jan Change
541.00 ^JPY	-0.18%		+1.12%	-4.75%

23-05-12	Forval Telecom,Inc. Reports Earnings Results for the Full Year Ended March 31, 2023	CI
21-03-22	Forval Telecom, Inc. cancelled the acquisition of telecommunications business from Akubi Communications Co., Ltd	CI

Fiscal Period: March	2022	2023	2024	2025	2026	2027
Net sales ¹	21,801	24,748	23,115	25,684	23,973	26,400
Change	-	13.52%	-6.6%	11.11%	-6.66%	10.12%
EBITDA	-	-	-	-	-	-
Change	-	-	-	-	-	-
EBIT ¹	1,068	573	1,023	1,142	1,238	1,380
Change	-	-46.35%	78.53%	11.63%	8.41%	11.47%
Interest Paid	-22	-16	-13	-9	-4	-
Earnings before Tax (EBT)	1,355	641	1,166	1,153	1,316	-
Change	-	-52.69%	81.9%	-1.11%	14.14%	-
Net income ¹	868	378	750	732	985	900
Change	-	-56.45%	98.41%	-2.4%	34.56%	-8.63%
Announcement Date	5/13/22	5/12/23	5/13/24	5/13/25	5/15/26	-

¹JPY in Million

Estimates

Fiscal Period: March	2022 Q1	2022 Q3	2023 Q1	2023 Q3	2024 Q1	2024 Q3	2025 Q1	2025 Q3	2026 Q1	2026 Q3	2027 Q1
Net sales ¹	5,026	5,402	5,528	6,245	5,231	5,749	5,599	6,234	5,316	5,789	5,991
Change	-	7.48%	2.33%	12.97%	-16.24%	9.9%	-2.61%	11.34%	-14.73%	8.9%	3.49%
EBITDA	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	201	320	96	178	183	206	130	243	188	279	182
Change	-	59.2%	-70%	85.42%	2.81%	12.57%	-36.89%	86.92%	-22.63%	48.4%	-34.77%
Charge d'intérêts	-6	-5	-4	-4	-3	-4	-3	-2	-	-1	-
Earnings before Tax (EBT) ¹	524	312	112	192	168	217	135	252	247	290	195
Change	-	-40.46%	-64.1%	71.43%	-12.5%	29.17%	-37.79%	86.67%	-1.98%	17.41%	-32.76%
Net income ¹	320	214	61	116	100	140	73	167	247	185	107
Change	-	-33.12%	-71.5%	90.16%	-13.79%	40%	-47.86%	128.77%	47.9%	-25.1%	-42.16%
Announcement Date	8/11/21	2/9/22	8/9/22	2/10/23	8/9/23	2/9/24	8/9/24	2/12/25	8/8/25	2/10/26	8/10/26

¹JPY in Million

Estimates

Fiscal Period: March	2023 S1	2024 S1	2025 S1	2026 S1
Net sales ¹	11,667	11,371	12,668	11,823
Change	-	-2.54%	11.41%	-6.67%
EBITDA	-	-	-	-
Change	-	-	-	-
EBIT ¹	48	528	558	633
Change	-	1,000%	5.68%	13.44%
Charge d'intérêts ¹	-8	-6	-5	-1
Earnings before Tax (EBT) ¹	79	574	561	691
Change	-	626.58%	-2.26%	23.17%
Net income ¹	22	370	356	543
Change	-	1,581.82%	-3.78%	52.53%
Announcement Date	11/10/22	11/10/23	11/13/24	11/12/25

¹JPY in Million

Estimates

Fiscal Period: March	2022	2023	2024	2025	2026	2027
Net Debt	865	688	281	-893	-1,176	-
Change	-	-20.46%	-59.16%	-417.79%	-31.69%	-
Announcement Date	5/13/22	5/12/23	5/13/24	5/13/25	5/15/26	-

Estimates

Fiscal Period: March	2021	2022	2023	2024	2025	2026
CAPEX ¹	45	47	62	93	30	37
Change	-	4.44%	31.91%	50%	-67.74%	23.33%
Free Cash Flow (FCF) ¹	455.4	980.2	330.1	417.9	1,200	538.9
Change	-	115.26%	-66.32%	26.58%	187.2%	-55.1%
Announcement Date	6/25/21	6/27/22	6/23/23	6/21/24	6/17/25	6/24/26

¹JPY in Million

Estimates

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	-	-	-	-	-	-
EBIT Margin (%)	-	4.9%	2.32%	4.43%	4.45%	5.16%	5.23%
EBT Margin (%)	-	6.22%	2.59%	5.04%	4.49%	5.49%	-
Net margin (%)	-	3.98%	1.53%	3.24%	2.85%	4.11%	3.41%
FCF margin (%)	-	6.04%	1.77%	4.83%	5.87%	1.43%	-
FCF / Net Income (%)	-	151.73%	115.87%	148.93%	206.01%	34.82%	-
Profitability
ROA	3.33%	5.53%	3.33%	6.51%	6.91%	7.34%	-
ROE	27.37%	42.69%	15.75%	27.87%	23.41%	27.13%	-
Financial Health
Leverage (Debt/EBITDA)	2.61x	0.67x	0.76x	0.18x	-	-	-
Debt / Free cash flow	5.04x	0.88x	2.08x	0.67x	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	1.69%	1.9%	2.18%	1.65%	1.64%	-
CAPEX / EBITDA (%)	-	-	-	-	-	-	-
CAPEX / FCF (%)	-	28.02%	107.08%	45.12%	28.05%	114.29%	-
Items per share
Cash flow per share ¹	-	64.88	37.93	66.9	65.47	80.09	-
Change	-	-	-41.54%	76.38%	-2.14%	22.33%	-
Dividend per Share ¹	-	17	17	18	20	23	25
Change	-	-	0%	5.88%	11.11%	15%	8.7%
Book Value Per Share ¹	-	139.2	145.7	173.4	198.2	235.2	-
Change	-	-	4.62%	19.06%	14.26%	18.69%	-
EPS ¹	-	52	22.6	44.78	43.74	58.82	53.71
Change	-	-	-56.54%	98.14%	-2.32%	34.48%	-8.69%
Nbr of stocks (in thousands)	-	16,693	16,758	16,756	16,756	16,756	16,756
Announcement Date	-	5/13/22	5/12/23	5/13/24	5/13/25	5/15/26	-