Showcase Inc. logo

Showcase Inc.

3909.T

JPXTechnologySoftware - Application

Latest quote

¥187

+¥2.00 · +1.08%

Aug 24, 1:15 PM JSTData delayed

3909.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Showcase Inc., headquartered in Tokyo, Japan, and established in 1996, offers a comprehensive range of website optimization and digital solutions. Key among its products are NaviCast Form Assist, an entry form optimization (EFO) tool designed to measure and improve user input rates for enhanced conversion, and NaviCast Form Converter, a specialized mobile EFO solution that adapts forms for optimal performance on smartphones. The company also extends its services to digital advertising with Bitwave, a platform primarily focused on distributing ads via social media and video channels. Furthermore, Showcase Inc. provides various online authentication services, encompassing personal identification, facial recognition, and digital license verification. This suite includes ID Checker, a SaaS-based e-KYC (electronic Know Your Customer) tool that streamlines identity verification directly through a smartphone's web browser. Additionally, the firm assists businesses with automation services, covering areas such as Robotic Process Automation (RPA), specialized Software-as-a-Service (SaaS) for specific industries, and video marketing consultancy.

Industry
Software - Application
Sector
Technology
Headquarters
JP
CEO
Koichi Matsumoto
Listed since
Mar 20, 2015
Employees
78

Market position

Day range

Current ¥187

52-week range

Current ¥187

Open
¥190
Previous close
¥185
Volume
45.7K
1.98× average
Average volume
23.14K
Average daily volume
Market cap
1.6B JPY
Beta
0.53
Market reference 1
50-day average
¥197.52
-5.33% below average
200-day average
¥243.44
-23.18% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
2.15B JPY
P/E (TTM)
2.89×
P/B (TTM)
0.96×
P/S (TTM)
0.71×
EV / EBITDA
2.3×
Earnings yield
34.13%
Free cash flow yield
-5.27%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
52.82%
Operating margin
3.65%
Net margin
24.65%
Return on equity
47.70%
Return on assets
32.42%
Return on invested capital
3.76%

Financial health

Debt / equity
0.4×
Current ratio
2.83×
Altman Z-score
3.53
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends85%50%14%-21%Gross margin, FY2021: 75.91%Gross margin, FY2022: 36.61%Gross margin, FY2023: 28.24%Gross margin, FY2024: 24.26%Gross margin, FY2025: 44.79%Operating margin, FY2021: 0.81%Operating margin, FY2022: -11.22%Operating margin, FY2023: -4.88%Operating margin, FY2024: -2.63%Operating margin, FY2025: 3.14%Net margin, FY2021: 3.75%Net margin, FY2022: -11.36%Net margin, FY2023: -2.08%Net margin, FY2024: -11.96%Net margin, FY2025: 27.93%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 75.91%. Gross margin FY2022 36.61%. Gross margin FY2023 28.24%. Gross margin FY2024 24.26%. Gross margin FY2025 44.79%. Operating margin FY2021 0.81%. Operating margin FY2022 -11.22%. Operating margin FY2023 -4.88%. Operating margin FY2024 -2.63%. Operating margin FY2025 3.14%. Net margin FY2021 3.75%. Net margin FY2022 -11.36%. Net margin FY2023 -2.08%. Net margin FY2024 -11.96%. Net margin FY2025 27.93%.

Income trends

Revenue

2.9B JPY-53.30%

Operating income

91.17M JPY+254.61M JPY

Net income

810.38M JPY+1.55B JPY
Income trends across reported periods6.91B JPY4.13B JPY1.34B JPY−1.44B JPYRevenue, FY2021: 1.59B JPYRevenue, FY2022: 4.63B JPYRevenue, FY2023: 5.68B JPYRevenue, FY2024: 6.21B JPYRevenue, FY2025: 2.9B JPYOperating income, FY2021: 12.85M JPYOperating income, FY2022: −519.7M JPYOperating income, FY2023: −277.42M JPYOperating income, FY2024: −163.44M JPYOperating income, FY2025: 91.17M JPYNet income, FY2021: 59.76M JPYNet income, FY2022: −526.33M JPYNet income, FY2023: −117.98M JPYNet income, FY2024: −742.76M JPYNet income, FY2025: 810.38M JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.59B JPY. Revenue FY2022 4.63B JPY. Revenue FY2023 5.68B JPY. Revenue FY2024 6.21B JPY. Revenue FY2025 2.9B JPY. Operating income FY2021 12.85M JPY. Operating income FY2022 −519.7M JPY. Operating income FY2023 −277.42M JPY. Operating income FY2024 −163.44M JPY. Operating income FY2025 91.17M JPY. Net income FY2021 59.76M JPY. Net income FY2022 −526.33M JPY. Net income FY2023 −117.98M JPY. Net income FY2024 −742.76M JPY. Net income FY2025 810.38M JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue2.9B JPY6.21B JPY5.68B JPY4.63B JPY1.59B JPY
Cost of goods sold1.6B JPY4.7B JPY4.08B JPY2.94B JPY384.04M JPY
Gross profit1.3B JPY1.51B JPY1.6B JPY1.7B JPY1.21B JPY
Research and development2.34M JPY1.08M JPY758K JPY4.21M JPY
Selling, general, and administrative1.21B JPY1.67B JPY1.88B JPY2.21B JPY1.19B JPY
Operating expenses1.21B JPY1.67B JPY1.88B JPY2.22B JPY1.2B JPY
Interest income8.07M JPY190K JPY184K JPY556K JPY720K JPY
Interest expense14.85M JPY19.35M JPY12.8M JPY9.29M JPY3.83M JPY
Depreciation and amortization72.75M JPY250.67M JPY197.23M JPY179.61M JPY80.57M JPY
Operating income91.17M JPY−163.44M JPY−277.42M JPY−519.7M JPY12.85M JPY
Net income810.38M JPY−742.76M JPY−117.98M JPY−526.33M JPY59.76M JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
5.26

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates139.0661.26-16.53-94.33Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 14, 2024: actual -78.23, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 12, 2025: actual -7.03, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 13, 2025: actual 122.96, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 14, 2025: actual -8.03, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 14, 2025: actual -20.73, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 13, 2026: actual 0.33, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 15, 2026: actual 79.95, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 14, 2026: actual 5.26, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates2.11B1.49B865.35M244.8MQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 14, 2024: actual 1.42B JPY, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 12, 2025: actual 1.45B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 13, 2025: actual 1.97B JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 14, 2025: actual 323M JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 14, 2025: actual 288M JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 13, 2026: actual 319M JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 15, 2026: actual 1.35B JPY, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 14, 2026: actual 296.66M JPY, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Jul 27, 2016

2:1

Stock split

Effective Mar 29, 2016

2:1

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