Encourage Technologies Co., Ltd. logo

Encourage Technologies Co., Ltd.

3682.T

JPXTechnologyInformation Technology Services

Latest quote

¥587

+¥7.00 · +1.21%

Aug 24, 2:05 PM JSTData delayed

3682.T company overview

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Company profile

Company website

Encourage Technologies Co., Ltd. is a Japan-based firm specializing in the development, maintenance, and sale of computer system software products. The company provides a comprehensive suite of solutions, notably its "ESS SmartIT Operation" lineup. This includes ESS REC, a principal tool for overseeing and auditing user system activities; Remote Access Auditor, which captures and records remote user system operations, including desktop screen video; and ESS AdminGate, designed to bolster server security through features such as privileged access management, password management, log management, and controlled file transfers. Beyond this core offering, Encourage Technologies presents several other key products. ESS FileGate ensures secure file transfers utilizing various sanitization technologies. ESS AdminControl focuses on privilege ID management, complemented by ESS AdminControl for Client for handling local administrator passwords. The ID Inspector uniquely identifies users of shared IDs (like root/administrators) without requiring modifications to applications or operating systems. The company's portfolio also extends to automated solutions like ESS AutoAuditor, for validating user system operations, and ESS AutoQuality, a solution for optimizing user system operations. Additionally, they offer Encourage Super Station, a dedicated system monitoring solution. In addition to its software offerings, the company delivers BPO (Business Process Outsourcing) and consulting services tailored to computer operation management. Established in 2002, Encourage Technologies Co., Ltd. maintains its headquarters in Tokyo, Japan.

Industry
Information Technology Services
Sector
Technology
Headquarters
JP
CEO
Shinya Ishii
Listed since
Dec 11, 2013
Employees
124

Market position

Volume
1K
0.23× average
Average volume
4.35K
Average daily volume
Market cap
3.91B JPY
Beta
0.39
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
483.89M JPY
EV / EBITDA
0.85×
Earnings yield
4.69%
Free cash flow yield
16.09%

Profitability & efficiency

Return on equity
5.97%
Return on assets
4.28%
Return on invested capital
5.65%

Financial health

Current ratio
3.21×
Altman Z-score
3.47
Piotroski F-score
2 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends71%48%25%2%Gross margin, FY2021: 62.21%Gross margin, FY2022: 65.65%Gross margin, FY2023: 50.54%Gross margin, FY2024: 51.16%Gross margin, FY2025: 50.27%Operating margin, FY2021: 16.85%Operating margin, FY2022: 11.48%Operating margin, FY2023: 12.77%Operating margin, FY2024: 11.91%Operating margin, FY2025: 11.72%Net margin, FY2021: 12.02%Net margin, FY2022: 8.24%Net margin, FY2023: 8.76%Net margin, FY2024: 8.80%Net margin, FY2025: 8.23%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 62.21%. Gross margin FY2022 65.65%. Gross margin FY2023 50.54%. Gross margin FY2024 51.16%. Gross margin FY2025 50.27%. Operating margin FY2021 16.85%. Operating margin FY2022 11.48%. Operating margin FY2023 12.77%. Operating margin FY2024 11.91%. Operating margin FY2025 11.72%. Net margin FY2021 12.02%. Net margin FY2022 8.24%. Net margin FY2023 8.76%. Net margin FY2024 8.80%. Net margin FY2025 8.23%.

Income trends

Revenue

2.58B JPY+3.32%

Operating income

303M JPY+1.68%

Net income

212.81M JPY-3.37%
Income trends across reported periods2.83B JPY1.86B JPY897.73M JPY−66.22M JPYRevenue, FY2021: 2.07B JPYRevenue, FY2022: 2.12B JPYRevenue, FY2023: 2.5B JPYRevenue, FY2024: 2.5B JPYRevenue, FY2025: 2.58B JPYOperating income, FY2021: 348.46M JPYOperating income, FY2022: 243.49M JPYOperating income, FY2023: 318.98M JPYOperating income, FY2024: 297.99M JPYOperating income, FY2025: 303M JPYNet income, FY2021: 248.59M JPYNet income, FY2022: 174.77M JPYNet income, FY2023: 218.86M JPYNet income, FY2024: 220.24M JPYNet income, FY2025: 212.81M JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 2.07B JPY. Revenue FY2022 2.12B JPY. Revenue FY2023 2.5B JPY. Revenue FY2024 2.5B JPY. Revenue FY2025 2.58B JPY. Operating income FY2021 348.46M JPY. Operating income FY2022 243.49M JPY. Operating income FY2023 318.98M JPY. Operating income FY2024 297.99M JPY. Operating income FY2025 303M JPY. Net income FY2021 248.59M JPY. Net income FY2022 174.77M JPY. Net income FY2023 218.86M JPY. Net income FY2024 220.24M JPY. Net income FY2025 212.81M JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue2.58B JPY2.5B JPY2.5B JPY2.12B JPY2.07B JPY
Cost of goods sold1.29B JPY1.22B JPY1.24B JPY728.35M JPY781.7M JPY
Gross profit1.3B JPY1.28B JPY1.26B JPY1.39B JPY1.29B JPY
Research and development89.42M JPY38.83M JPY383.58M JPY154.15M JPY
Selling, general, and administrative996.38M JPY892.51M JPY904.71M JPY764.89M JPY784.24M JPY
Operating expenses996.38M JPY981.93M JPY943.48M JPY1.15B JPY938.34M JPY
Interest income8.53M JPY1.87M JPY48K JPY47K JPY46K JPY
Depreciation and amortization250.45M JPY283.9M JPY373.61M JPY106.55M JPY84.07M JPY
Operating income303M JPY297.99M JPY318.98M JPY243.49M JPY348.46M JPY
Net income212.81M JPY220.24M JPY218.86M JPY174.77M JPY248.59M JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
1.48

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates13.399.355.31.26Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 8, 2024: actual 7.73, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 12, 2025: actual 10.11, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 13, 2025: actual 12.51, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 13, 2025: actual 2.62, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 11, 2025: actual 11.89, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 12, 2026: actual 9.32, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 13, 2026: actual 8.11, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 13, 2026: actual 1.48, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates681.2M647.73M614.27M580.8MQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 8, 2024: actual 655M JPY, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 12, 2025: actual 633M JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 13, 2025: actual 646M JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 13, 2025: actual 632M JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 11, 2025: actual 655M JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 12, 2026: actual 653M JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 13, 2026: actual 644M JPY, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 13, 2026: actual 607M JPY, estimate —, surprise —, Comparison unavailable.

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