Income Statement SystemSoft Corporation

Stocks

7527

JP3351000009

IT Services & Consulting

Delayed Japan Exchange Other stock markets 20:30:06 2026-07-07 EDT			5-day change	1st Jan Change
50.00 ^JPY	+2.04%		+4.26%	-22.22%

04-21	SystemSoft Corporation announced that it has received ¥1.008 billion in funding from EL CAMINO REAL Co., Ltd., REGROWTH No. 1 Fund, Mirai Nihon Asset Management LLC	CI
04-05	SystemSoft Corporation announced that it expects to receive ¥1.008 billion in funding from EL CAMINO REAL Co., Ltd., REGROWTH No. 1 Fund, Mirai Nihon Asset Management LLC	CI

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Published financial data: SYSTEMSOFT CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: September	2021	2022	2023	2024	2025
Revenues	4.92B	4.7B	3.39B	2.31B	1.37B
Total Revenues	4.92B	4.7B	3.39B	2.31B	1.37B
Cost of Goods Sold, Total	3.62B	3.37B	2.41B	1.78B	1.01B
Gross Profit	1.3B	1.34B	984M	525M	366M
Selling General & Admin Expenses, Total	765M	761M	635M	699M	860M
Provision for Bad Debts	-	24M	-	108M	-37M
Depreciation & Amortization - (IS)	57M	62M	60M	62M	-
Amortization of Goodwill and Intangible Assets - (IS)	101M	130M	134M	134M	-
Other Operating Expenses, Total	923M	977M	829M	1B	823M
Operating Income	378M	359M	155M	-478M	-457M
Interest Expense, Total	-11M	-17M	-12M	-6M	-1M
Interest And Investment Income	3M	3M	-	8M	3M
Net Interest Expenses	-8M	-14M	-12M	2M	2M
Currency Exchange Gains (Loss)	15M	88M	13M	-17M	-
Other Non Operating Income (Expenses)	-43M	-56M	-23M	-6M	-10M
EBT, Excl. Unusual Items	342M	377M	133M	-499M	-465M
Gain (Loss) On Sale Of Investments	224M	0	19M	966M	137M
Asset Writedown	-4M	-21M	-	-1.78B	-83M
Other Unusual Items	3M	-32M	-4M	-41M	207M
EBT, Incl. Unusual Items	565M	324M	148M	-1.36B	-204M
Income Tax Expense	82M	123M	54M	168M	54M
Earnings From Continuing Operations	483M	201M	94M	-1.53B	-258M
Net Income to Company	483M	201M	94M	-1.53B	-258M
Minority Interest	-	-	-1M	-5M	-
Net Income - (IS)	483M	201M	93M	-1.53B	-258M
Net Income to Common Incl Extra Items	483M	201M	93M	-1.53B	-258M
Net Income to Common Excl. Extra Items	483M	201M	93M	-1.53B	-258M
Per Share Items
Net EPS - Basic	6.15	2.37	1.1	-18.05	-3.04
Basic EPS - Continuing Operations	6.15	2.37	1.1	-18.05	-3.04
Basic Weighted Average Shares Outstanding	78.53M	84.71M	84.8M	84.8M	84.8M
Net EPS - Diluted	6.06	2.37	1.1	-18.05	-3.04
Diluted EPS - Continuing Operations	6.06	2.37	1.1	-18.05	-3.04
Diluted Weighted Average Shares Outstanding	79.73M	84.8M	84.8M	84.8M	84.8M
Normalized Basic EPS	2.72	2.78	0.97	-3.74	-3.43
Normalized Diluted EPS	2.68	2.78	0.97	-3.74	-3.43
Dividend Per Share	2	2	-	-	-
Payout Ratio	28.16	83.58	181.72	-	-
Supplemental Items
EBITDA	655M	614M	383M	-257M	-404M
EBITA	479M	489M	289M	-344M	-453M
EBIT	378M	359M	155M	-478M	-457M
Effective Tax Rate - (Ratio)	14.51	37.96	36.49	-12.37	-26.47
Normalized Net Income	214M	236M	82.12M	-317M	-291M
Non-Cash Pension Expense	-	-	-	-	-
Supplemental Operating Expense Items
Advertising Expense	-	-	-	118M	-
Selling and Marketing Expenses	-	-	-	118M	-
General and Administrative Expenses	118M	141M	137M	133M	162M

Fiscal Period: September	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	2.08B	1.95B	1.76B	3.47B	3.24B
Total Cash And Short Term Investments	2.08B	1.95B	1.76B	3.47B	3.24B
Accounts Receivable, Total	1.67B	1.52B	1.26B	691M	620M
Total Receivables	1.67B	1.52B	1.26B	691M	620M
Inventory	122M	35M	23M	83M	93M
Prepaid Expenses	99M	200M	128M	61M	22M
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	183M	293M	439M	145M	441M
Total Current Assets	4.16B	3.99B	3.61B	4.45B	4.42B
Net Property Plant And Equipment	47M	47M	44M	25M	-
Long-term Investments	740M	720M	848M	509M	273M
Goodwill	2.25B	2.24B	2.06B	226M	174M
Other Intangibles, Total	204M	172M	139M	7M	3M
Loans Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	63M	51M	35M	40M	-
Other Long-Term Assets, Total	1M	1M	1M	2M	1M
Total Assets	7.47B	7.22B	6.74B	5.26B	4.87B
Liabilities
Accounts Payable, Total	437M	181M	142M	151M	202M
Accrued Expenses, Total	17M	11M	15M	4M	4M
Short-term Borrowings	200M	-	-	-	-
Current Portion of Long-Term Debt	100M	220M	220M	150M	40M
Current Portion of Leases	-	-	-	-	-
Current Income Taxes Payable	298M	228M	161M	452M	193M
Other Current Liabilities	51M	135M	61M	21M	13M
Total Current Liabilities	1.1B	775M	599M	778M	452M
Long-Term Debt	380M	450M	240M	80M	41M
Other Non Current Liabilities	147M	135M	122M	37M	22M
Total Liabilities	1.63B	1.36B	961M	895M	515M
Common Stock, Total	1.66B	1.71B	1.71B	1.71B	1.71B
Additional Paid In Capital	3.88B	3.71B	3.54B	3.54B	3.54B
Retained Earnings	278M	522M	615M	-915M	-1.17B
Treasury Stock	-8M	-8M	-8M	-8M	-8M
Comprehensive Income and Other	18M	-75M	-83M	33M	280M
Total Common Equity	5.83B	5.86B	5.77B	4.36B	4.35B
Minority Interest	7M	7M	9M	7M	8M
Total Equity	5.84B	5.86B	5.78B	4.36B	4.35B
Total Liabilities And Equity	7.47B	7.22B	6.74B	5.26B	4.87B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	84.8M	84.8M	84.8M	84.8M	84.8M
ECS Total Common Shares Outstanding	84.1M	84.8M	84.8M	84.8M	84.8M
Book Value / Share	69.32	69.07	68.06	51.39	51.25
Tangible Book Value	3.37B	3.45B	3.57B	4.12B	4.17B
Tangible Book Value Per Share	40.09	40.64	42.07	48.64	49.16
Total Debt	680M	670M	460M	230M	81M
Net Debt	-1.4B	-1.28B	-1.3B	-3.24B	-3.16B
Minority Interest, Total (Incl. Fin. Div)	7M	7M	9M	7M	8M
Equity Method Investments, Total	189M	260M	375M	143M	-
Inventories - Work In Process, Total	122M	35M	23M	83M	93M
Full Time Employees	170	175	125	66	58
Accumulated Allowance for Doubtful Accounts (Supple)	5M	30M	30M	113M	5M
Order Backlog	15M	197M	366M	335M	298M

Fiscal Period: September	2021	2022	2023	2024	2025
Net Income	565M	323M	150M	-1.36B	-203M
Depreciation & Amortization - CF	176M	125M	94M	87M	49M
Amortization of Goodwill and Intangible Assets - (CF)	101M	130M	134M	134M	4M
Depreciation & Amortization, Total	277M	255M	228M	221M	53M
(Gain) Loss From Sale Of Asset	4M	21M	-	1.78B	84M
(Gain) Loss on Sale of Investments - (CF)	14M	-	-19M	-965M	-134M
Other Operating Activities, Total	36M	-133M	-121M	13M	-240M
Change In Accounts Receivable	-629M	131M	258M	806M	-138M
Change In Inventories	-37M	90M	11M	-65M	-9M
Change In Accounts Payable	84M	-331M	-38M	86M	-10M
Change in Other Net Operating Assets	-199M	-188M	-216M	87M	73M
Cash from Operations	115M	168M	253M	610M	-524M
Capital Expenditure	-7M	-17M	-8M	-14M	-8M
Sale of Property, Plant, and Equipment	-1M	-	-	-	-
Cash Acquisitions	-27M	-150M	-	-	-101M
Divestitures	-	-	-	-7M	186M
Sale (Purchase) of Intangible assets	-4M	-29M	-9M	-3M	-4M
Investment in Marketable and Equity Securities, Total	-175M	3M	-43M	285M	128M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-1M	-	-	-
Other Investing Activities, Total	14M	-1M	-1M	16M	212M
Cash from Investing	-200M	-195M	-61M	277M	413M
Short Term Debt Issued, Total	200M	-	-	-	-
Long-Term Debt Issued, Total	-	300M	-	-	-
Total Debt Issued	200M	300M	-	-	-
Short Term Debt Repaid, Total	-	-200M	-	-	-
Long-Term Debt Repaid, Total	-100M	-110M	-210M	-230M	-150M
Total Debt Repaid	-100M	-310M	-210M	-230M	-150M
Issuance of Common Stock	265M	73M	-	-	32M
Common Dividends Paid	-136M	-168M	-169M	-	-
Common & Preferred Stock Dividends Paid	-136M	-168M	-169M	-	-
Other Financing Activities, Total	-1M	1M	-	1.05B	1M
Cash from Financing	228M	-104M	-379M	819M	-117M
Miscellaneous Cash Flow Adjustments	148M	-	1M	2M	-
Net Change in Cash	291M	-131M	-186M	1.71B	-228M
Supplemental Items
Cash Interest Paid	12M	14M	14M	6M	1M
Cash Income Tax Paid (Refund)	-37M	144M	119M	8M	243M
Levered Free Cash Flow	371M	207M	321M	1.02B	-657M
Unlevered Free Cash Flow	378M	217M	329M	1.02B	-657M
Change In Net Working Capital	124M	216M	-21M	-1.12B	412M
Net Debt Issued / Repaid	100M	-10M	-210M	-230M	-150M

Fiscal Period: September	2021	2022	2023	2024	2025
Profitability
Return on Assets	3.79	3.05	1.39	-4.98	-5.64
Return on Total Capital	4.27	3.44	1.52	-5.51	-6.33
Return On Equity %	9.86	3.44	1.61	-30.08	-5.92
Return on Common Equity	9.87	3.44	1.6	-30.23	-5.93
Margin Analysis
Gross Profit Margin %	26.44	28.4	29.03	22.73	26.66
SG&A Margin	15.55	16.18	18.73	30.26	62.64
EBITDA Margin %	13.31	13.05	11.3	-11.13	-29.42
EBITA Margin %	9.74	10.4	8.52	-14.89	-32.99
EBIT Margin %	7.68	7.63	4.57	-20.69	-33.28
Income From Continuing Operations Margin %	9.82	4.27	2.77	-66.06	-18.79
Net Income Margin %	9.82	4.27	2.74	-66.28	-18.79
Net Avail. For Common Margin %	9.82	4.27	2.74	-66.28	-18.79
Normalized Net Income Margin	4.34	5.01	2.42	-13.72	-21.17
Levered Free Cash Flow Margin	7.55	4.4	9.48	44.09	-47.87
Unlevered Free Cash Flow Margin	7.69	4.62	9.7	44.25	-47.82
Asset Turnover
Asset Turnover	0.79	0.64	0.49	0.38	0.27
Fixed Assets Turnover	115.76	100.09	74.51	66.96	-
Receivables Turnover (Average Receivables)	3.34	2.95	2.44	2.37	2.09
Inventory Turnover (Average Inventory)	34.97	42.9	82.97	33.68	11.44
Short Term Liquidity
Current Ratio	3.77	5.15	6.03	5.72	9.77
Quick Ratio	3.4	4.47	5.04	5.35	8.54
Operating Cash Flow to Current Liabilities	0.1	0.22	0.42	0.78	-1.16
Days Sales Outstanding (Average Receivables)	109.13	123.76	149.39	154.4	174.26
Days Outstanding Inventory (Average Inventory)	10.44	8.51	4.4	10.87	31.9
Average Days Payable Outstanding	31.6	34.37	24.62	29.06	63.35
Cash Conversion Cycle (Average Days)	87.97	97.89	129.17	136.21	142.81
Long Term Solvency
Total Debt/Equity	11.65	11.43	7.96	5.27	1.86
Total Debt / Total Capital	10.43	10.25	7.37	5.01	1.83
LT Debt/Equity	6.51	7.67	4.15	1.83	0.94
Long-Term Debt / Total Capital	5.83	6.89	3.85	1.74	0.92
Total Liabilities / Total Assets	21.83	18.83	14.25	17.02	10.58
EBIT / Interest Expense	34.36	21.12	12.92	-79.67	-457
EBITDA / Interest Expense	59.55	36.12	31.92	-42.83	-404
(EBITDA - Capex) / Interest Expense	58.91	35.12	31.25	-45.17	-412
Total Debt / EBITDA	1.04	1.09	1.2	-0.89	-0.2
Net Debt / EBITDA	-2.14	-2.08	-3.4	12.61	7.82
Total Debt / (EBITDA - Capex)	1.05	1.12	1.23	-0.85	-0.2
Net Debt / (EBITDA - Capex)	-2.16	-2.14	-3.47	11.96	7.67
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	71.85	-4.39	-27.93	-31.86	-40.56
Gross Profit, 1 Yr. Growth %	283.78	2.69	-26.35	-46.65	-30.29
EBITDA, 1 Yr. Growth %	-1.66K	-6.26	-37.62	-167.1	57.2
EBITA, 1 Yr. Growth %	-338.31	2.09	-40.9	-219.03	31.69
EBIT, 1 Yr. Growth %	-250.6	-5.03	-56.82	-408.39	-4.39
Earnings From Cont. Operations, 1 Yr. Growth %	-173.74	-58.39	-53.23	-1.72K	-83.09
Net Income, 1 Yr. Growth %	-173.74	-58.39	-53.73	-1.75K	-83.15
Normalized Net Income, 1 Yr. Growth %	-224.36	10.23	-65.15	-485.84	-8.28
Diluted EPS Before Extra, 1 Yr. Growth %	-162.91	-60.89	-53.73	-1.75K	-83.15
Accounts Receivable, 1 Yr. Growth %	31.84	-9.32	-17.07	-45.07	-10.28
Inventory, 1 Yr. Growth %	43.53	-71.31	-34.29	260.87	12.05
Net Property, Plant and Equip., 1 Yr. Growth %	23.68	0	-6.38	-43.18	-
Total Assets, 1 Yr. Growth %	49.43	-3.25	-6.67	-21.98	-7.43
Tangible Book Value, 1 Yr. Growth %	11.99	2.19	3.54	15.61	1.07
Common Equity, 1 Yr. Growth %	47.41	0.46	-1.45	-24.5	-0.28
Cash From Operations, 1 Yr. Growth %	-344.68	46.09	50.6	141.11	-185.9
Capital Expenditures, 1 Yr. Growth %	-68.18	142.86	-52.94	75	-42.86
Levered Free Cash Flow, 1 Yr. Growth %	581.42	-44.33	55.44	216.92	-164.53
Unlevered Free Cash Flow, 1 Yr. Growth %	586.17	-42.53	51.29	210.83	-164.23
Dividend Per Share, 1 Yr. Growth %	0	0	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	28.06	28.18	-16.99	-29.92	-36.36
Gross Profit, 2 Yr. CAGR %	30.58	98.52	-13.03	-37.31	-39.01
EBITDA, 2 Yr. CAGR %	15.97	282.35	-23.53	-35.3	2.7
EBITA, 2 Yr. CAGR %	21.97	55.98	-22.32	-16.13	25.2
EBIT, 2 Yr. CAGR %	57.18	19.59	-35.96	15.39	71.71
Earnings From Cont. Operations, 2 Yr. CAGR %	-47.07	-44.6	-55.88	175.54	65.67
Net Income, 2 Yr. CAGR %	-47.07	-44.6	-56.12	175.99	66.56
Normalized Net Income, 2 Yr. CAGR %	99.42	17.09	-38.02	15.97	88.12
Diluted EPS Before Extra, 2 Yr. CAGR %	-51.13	-50.4	-57.46	176	66.56
Accounts Receivable, 2 Yr. CAGR %	6.11	9.34	-13.29	-32.51	-29.8
Inventory, 2 Yr. CAGR %	101.66	-35.83	-56.58	53.99	101.08
Net Property, Plant and Equip., 2 Yr. CAGR %	19.34	11.21	-3.24	-27.07	-
Total Assets, 2 Yr. CAGR %	15.37	20.24	-4.98	-14.67	-15.02
Tangible Book Value, 2 Yr. CAGR %	-4.77	6.98	2.87	9.41	8.09
Common Equity, 2 Yr. CAGR %	10.94	21.69	-0.5	-13.74	-13.23
Cash From Operations, 2 Yr. CAGR %	-34	89.06	48.32	90.55	43.91
Capital Expenditures, 2 Yr. CAGR %	-39.3	-12.1	6.9	-9.25	0
Levered Free Cash Flow, 2 Yr. CAGR %	7.62	94.77	-6.98	121.95	43.01
Unlevered Free Cash Flow, 2 Yr. CAGR %	8.62	98.58	-6.75	116.86	41.3
Dividend Per Share, 2 Yr. CAGR %	0	0	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	25.74	16.18	5.79	-22.28	-33.67
Gross Profit, 3 Yr. CAGR %	43.64	20.53	42.65	-26.1	-35.05
EBITDA, 3 Yr. CAGR %	32.43	8.03	108.92	-26.79	-13.02
EBITA, 3 Yr. CAGR %	75.91	14.94	12.87	-10.45	-2.52
EBIT, 3 Yr. CAGR %	67.11	32.88	-14.84	8.14	8.38
Earnings From Cont. Operations, 3 Yr. CAGR %	22.46	-51.15	-47.64	46.74	8.68
Net Income, 3 Yr. CAGR %	22.46	-51.15	-47.83	46.9	8.68
Normalized Net Income, 3 Yr. CAGR %	29.09	63.66	-21.82	14.02	7.24
Diluted EPS Before Extra, 3 Yr. CAGR %	16.11	-54.63	-51.53	43.89	8.68
Accounts Receivable, 3 Yr. CAGR %	9.51	0.69	-0.29	-25.53	-25.79
Inventory, 3 Yr. CAGR %	54.63	5.27	-35.32	-12.05	38.51
Net Property, Plant and Equip., 3 Yr. CAGR %	26.9	12.51	5.01	-18.98	-
Total Assets, 3 Yr. CAGR %	0.25	8.79	10.5	-11.02	-12.32
Tangible Book Value, 3 Yr. CAGR %	-3.76	-2.5	5.82	6.95	6.55
Common Equity, 3 Yr. CAGR %	-4.07	7.33	13.43	-9.24	-9.47
Cash From Operations, 3 Yr. CAGR %	-46.4	-13.99	75.26	74.4	46.11
Capital Expenditures, 3 Yr. CAGR %	-22.43	-3.64	-28.62	25.99	-22.22
Levered Free Cash Flow, 3 Yr. CAGR %	-	-13.61	80.66	39.97	47.04
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-12.15	81.37	39.29	44.56
Dividend Per Share, 3 Yr. CAGR %	0	0	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	6.49	-5.09	-13.67
Gross Profit, 5 Yr. CAGR %	-	-	17.52	-7.2	1.54
EBITDA, 5 Yr. CAGR %	-	-	6.31	-12	57.26
EBITA, 5 Yr. CAGR %	-	-	26.85	1.33	17.65
EBIT, 5 Yr. CAGR %	-	-	13.86	25.59	12.73
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-18.6	-2.41	-17
Net Income, 5 Yr. CAGR %	-	-	-18.77	-2.35	-17
Normalized Net Income, 5 Yr. CAGR %	-	-	-3.74	42.59	11.08
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-22.29	-6.58	-20.59
Accounts Receivable, 5 Yr. CAGR %	-	-	-0.25	-14.2	-13.35
Inventory, 5 Yr. CAGR %	-	-	-6.97	22.57	1.82
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	13.85	-5.4	-
Total Assets, 5 Yr. CAGR %	-	-	-1.88	-1.28	-0.52
Tangible Book Value, 5 Yr. CAGR %	-	-	-1.16	2.1	6.72
Common Equity, 5 Yr. CAGR %	-	-	-2.65	-1.65	1.9
Cash From Operations, 5 Yr. CAGR %	-	-	-19.47	18.23	61.97
Capital Expenditures, 5 Yr. CAGR %	-	-	-11.81	-5.92	-18.32
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	26.01	64.54
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	26.1	64.13