Densan Co., Ltd. logo

Densan Co., Ltd.

3640.T

JPXTechnologyInformation Technology Services

Latest quote

¥2,812

+¥34.00 · +1.22%

Aug 24, 3:30 PM JST

3640.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Established in Nagano, Japan, in 1966, Densan Co., Ltd. serves as a comprehensive information technology service provider within the country. Its operations are organized into two primary divisions: the Public Sector and the Industrial Field. The Public Sector focuses on assisting local government bodies and associated entities, offering tailored package system development and sales, operational support, the provision of machinery and equipment, and diverse information processing solutions. In contrast, the Industrial Field caters mainly to private enterprises and healthcare/welfare institutions, delivering services like software development, equipment sales, and information processing. This segment also extends internet connectivity services directly to individual customers. Beyond these core areas, Densan provides an extensive array of additional services. These encompass integrated solutions for information processing, communication, data storage, and system monitoring. The company handles the complete software lifecycle, from development and distribution to leasing and ongoing maintenance, alongside the strategic planning, design, implementation, and upkeep of advanced information systems. Densan is also active in the research, development, sale, rental, installation, and servicing of various information and communication hardware, processing equipment, associated peripherals, and operational software, in addition to supplying office consumables. Further offerings include IT system management, operational outsourcing, and the rental of commercial space. The company's technical expertise extends to the installation and maintenance of communication lines and electrical infrastructure. Densan also conceptualizes, creates, and distributes digital content, such as text, audio, images, and video. Diversifying its portfolio, the company engages in collection agency services, temporary staffing, parking lot management, educational programs, IT consulting, and publishing.

Industry
Information Technology Services
Sector
Technology
Headquarters
JP
CEO
Kazuta Todoroki
Listed since
Jun 24, 2010
Employees
585

Market position

Volume
10.6K
0.61× average
Average volume
17.47K
Average daily volume
Market cap
15.61B JPY
Beta
0.78
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
15.58B JPY
P/E (TTM)
3.35×
P/B (TTM)
0.99×
P/S (TTM)
0.55×
EV / EBITDA
1.96×
Earnings yield
25.62%
Free cash flow yield
22.97%
Dividend yield
4.98%

Profitability & efficiency

Gross margin
39.73%
Operating margin
23.57%
Net margin
16.75%
Return on equity
27.55%
Return on assets
17.46%
Return on invested capital
22.93%

Financial health

Debt / equity
0.09×
Current ratio
2.16×
Altman Z-score
5.37
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends41%28%15%2%Gross margin, FY2021: 27.11%Gross margin, FY2022: 36.56%Gross margin, FY2023: 34.62%Gross margin, FY2024: 34.63%Gross margin, FY2025: 37.84%Operating margin, FY2021: 7.20%Operating margin, FY2022: 14.06%Operating margin, FY2023: 8.08%Operating margin, FY2024: 13.43%Operating margin, FY2025: 22.50%Net margin, FY2021: 4.97%Net margin, FY2022: 9.05%Net margin, FY2023: 5.63%Net margin, FY2024: 9.83%Net margin, FY2025: 16.00%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 27.11%. Gross margin FY2022 36.56%. Gross margin FY2023 34.62%. Gross margin FY2024 34.63%. Gross margin FY2025 37.84%. Operating margin FY2021 7.20%. Operating margin FY2022 14.06%. Operating margin FY2023 8.08%. Operating margin FY2024 13.43%. Operating margin FY2025 22.50%. Net margin FY2021 4.97%. Net margin FY2022 9.05%. Net margin FY2023 5.63%. Net margin FY2024 9.83%. Net margin FY2025 16.00%.

Income trends

Revenue

27.99B JPY+49.34%

Operating income

6.3B JPY+150.10%

Net income

4.48B JPY+143.09%
Income trends across reported periods30.7B JPY19.85B JPY9B JPY−1.85B JPYRevenue, FY2021: 17.31B JPYRevenue, FY2022: 17.8B JPYRevenue, FY2023: 15.97B JPYRevenue, FY2024: 18.74B JPYRevenue, FY2025: 27.99B JPYOperating income, FY2021: 1.25B JPYOperating income, FY2022: 2.5B JPYOperating income, FY2023: 1.29B JPYOperating income, FY2024: 2.52B JPYOperating income, FY2025: 6.3B JPYNet income, FY2021: 859.28M JPYNet income, FY2022: 1.61B JPYNet income, FY2023: 898.61M JPYNet income, FY2024: 1.84B JPYNet income, FY2025: 4.48B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 17.31B JPY. Revenue FY2022 17.8B JPY. Revenue FY2023 15.97B JPY. Revenue FY2024 18.74B JPY. Revenue FY2025 27.99B JPY. Operating income FY2021 1.25B JPY. Operating income FY2022 2.5B JPY. Operating income FY2023 1.29B JPY. Operating income FY2024 2.52B JPY. Operating income FY2025 6.3B JPY. Net income FY2021 859.28M JPY. Net income FY2022 1.61B JPY. Net income FY2023 898.61M JPY. Net income FY2024 1.84B JPY. Net income FY2025 4.48B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue27.99B JPY18.74B JPY15.97B JPY17.8B JPY17.31B JPY
Cost of goods sold17.4B JPY12.25B JPY10.44B JPY11.3B JPY12.62B JPY
Gross profit10.59B JPY6.49B JPY5.53B JPY6.51B JPY4.69B JPY
Research and development733.49M JPY1.18B JPY794.23M JPY185.83M JPY
Selling, general, and administrative4.29B JPY3.24B JPY3.06B JPY3.21B JPY3.26B JPY
Operating expenses4.29B JPY3.97B JPY4.24B JPY4.01B JPY3.45B JPY
Interest income7.75M JPY1.56M JPY91K JPY33K JPY34K JPY
Interest expense19.45M JPY17.87M JPY15.19M JPY19.77M JPY22.38M JPY
Depreciation and amortization1.61B JPY918.53M JPY788M JPY826.13M JPY817.5M JPY
Operating income6.3B JPY2.52B JPY1.29B JPY2.5B JPY1.25B JPY
Net income4.48B JPY1.84B JPY898.61M JPY1.61B JPY859.28M JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
52.18

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates371.76250.39129.027.65Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Oct 31, 2024: actual 25.85, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Jan 31, 2025: actual 62.26, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 15, 2025: actual 216.3, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Jul 31, 2025: actual 9, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 31, 2025: actual 193.46, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Jan 30, 2026: actual 246.74, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 15, 2026: actual 344.89, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Jul 31, 2026: actual 52.18, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates10.54B8.09B5.64B3.2BQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Oct 31, 2024: actual 3.71B JPY, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Jan 31, 2025: actual 4.23B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 15, 2025: actual 7.22B JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Jul 31, 2025: actual 4.24B JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 31, 2025: actual 6.36B JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Jan 30, 2026: actual 7.36B JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 15, 2026: actual 10.03B JPY, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Jul 31, 2026: actual 4.41B JPY, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥37.00

2025 complete year+5.7% since 2021

2026 partial: ¥123

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 29, 2026

¥30.00

Annual

Record Sep 30, 2026 · Payment Sep 29, 2026

DividendUpcoming

Ex-dividend Mar 30, 2027

¥70.00

Semi-Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥123

Special

Record Mar 31, 2026 · Payment Jun 11, 2026

Dividend

Ex-dividend Sep 29, 2025

¥17.00

Semi-Annual

Record Sep 30, 2025 · Payment Dec 8, 2025

Dividend

Ex-dividend Mar 28, 2025

¥20.00

Semi-Annual

Record Mar 31, 2025 · Payment Jun 11, 2025

Dividend

Ex-dividend Sep 27, 2024

¥17.00

Semi-Annual

Record Sep 30, 2024 · Payment Dec 9, 2024

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