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User Local, Inc.

3984.T

JPXTechnologyInformation Technology Services

Open in GoAI

Latest quote

¥1,574

−¥3.00 · -0.19%

Aug 24, 3:30 PM JST

3984.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Industry
Information Technology Services
Sector
Technology
Headquarters
JP

Market position

Day range

Current ¥1,574

52-week range

Current ¥1,574

Open
¥1,567
Previous close
¥1,577
Volume
112K
Market cap
24.76B JPY
50-day average
¥1,720.9
-8.54% below average
200-day average
¥1,739.93
-9.54% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
16.44B JPY
P/E (TTM)
15.34×
P/B (TTM)
2.61×
P/S (TTM)
4.63×
EV / EBITDA
7.27×
Earnings yield
6.24%
Free cash flow yield
8.38%
Dividend yield
1.52%

Profitability & efficiency

Gross margin
89.01%
Operating margin
40.96%
Net margin
30.60%
Return on equity
17.31%
Return on assets
14.62%
Return on invested capital
16.38%

Financial health

Debt / equity
0×
Current ratio
6.03×
Altman Z-score
11.61
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends99%73%47%20%Gross margin, FY2021: 92.37%Gross margin, FY2022: 92.80%Gross margin, FY2023: 91.32%Gross margin, FY2024: 89.91%Gross margin, FY2025: 89.01%Operating margin, FY2021: 38.18%Operating margin, FY2022: 41.73%Operating margin, FY2023: 44.22%Operating margin, FY2024: 42.90%Operating margin, FY2025: 40.96%Net margin, FY2021: 26.90%Net margin, FY2022: 29.02%Net margin, FY2023: 30.34%Net margin, FY2024: 31.20%Net margin, FY2025: 30.60%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 92.37%. Gross margin FY2022 92.80%. Gross margin FY2023 91.32%. Gross margin FY2024 89.91%. Gross margin FY2025 89.01%. Operating margin FY2021 38.18%. Operating margin FY2022 41.73%. Operating margin FY2023 44.22%. Operating margin FY2024 42.90%. Operating margin FY2025 40.96%. Net margin FY2021 26.90%. Net margin FY2022 29.02%. Net margin FY2023 30.34%. Net margin FY2024 31.20%. Net margin FY2025 30.60%.

Income trends

Revenue

5.34B JPY+16.61%

Operating income

2.19B JPY+11.35%

Net income

1.63B JPY+14.36%
Income trends across reported periods5.81B JPY3.96B JPY2.11B JPY259.76M JPYRevenue, FY2021: 2.68B JPYRevenue, FY2022: 3.29B JPYRevenue, FY2023: 3.91B JPYRevenue, FY2024: 4.58B JPYRevenue, FY2025: 5.34B JPYOperating income, FY2021: 1.02B JPYOperating income, FY2022: 1.37B JPYOperating income, FY2023: 1.73B JPYOperating income, FY2024: 1.97B JPYOperating income, FY2025: 2.19B JPYNet income, FY2021: 721.89M JPYNet income, FY2022: 954.35M JPYNet income, FY2023: 1.19B JPYNet income, FY2024: 1.43B JPYNet income, FY2025: 1.63B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 2.68B JPY. Revenue FY2022 3.29B JPY. Revenue FY2023 3.91B JPY. Revenue FY2024 4.58B JPY. Revenue FY2025 5.34B JPY. Operating income FY2021 1.02B JPY. Operating income FY2022 1.37B JPY. Operating income FY2023 1.73B JPY. Operating income FY2024 1.97B JPY. Operating income FY2025 2.19B JPY. Net income FY2021 721.89M JPY. Net income FY2022 954.35M JPY. Net income FY2023 1.19B JPY. Net income FY2024 1.43B JPY. Net income FY2025 1.63B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue5.34B JPY4.58B JPY3.91B JPY3.29B JPY2.68B JPY
Cost of goods sold587.35M JPY462.18M JPY339.06M JPY236.67M JPY204.66M JPY
Gross profit4.76B JPY4.12B JPY3.57B JPY3.05B JPY2.48B JPY
Research and development——130M JPY123M JPY118.92M JPY
Selling, general, and administrative2.57B JPY2.13B JPY1.84B JPY1.68B JPY1.45B JPY
Operating expenses2.57B JPY2.15B JPY1.84B JPY1.68B JPY1.45B JPY
Interest income24.77M JPY8.18M JPY214K JPY102K JPY63K JPY
Depreciation and amortization72.98M JPY41.84M JPY27M JPY119.23M JPY81.79M JPY
Operating income2.19B JPY1.97B JPY1.73B JPY1.37B JPY1.02B JPY
Net income1.63B JPY1.43B JPY1.19B JPY954.35M JPY721.89M JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
16

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates31.4625.920.3514.79Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 13, 2024: actual 21.56, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 12, 2025: actual 21.35, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 8, 2025: actual 22.29, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 7, 2025: actual 23.74, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 12, 2025: actual 26.98, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 12, 2026: actual 30.25, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 7, 2026: actual 29.4, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 6, 2026: actual 16, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.47B1.29B1.12B943.64MQ4 '24BeatQ1 '25No estimateQ2 '25No estimateQ3 '25No estimateQ4 '25No estimateQ1 '26No estimateQ2 '26No estimateQ3 '26No estimate
Q4 2024, reported Nov 13, 2024: actual 1.07B JPY, estimate 1B JPY, surprise +6.70%, Beat. Q1 2025, reported Feb 12, 2025: actual 1.13B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 8, 2025: actual 1.17B JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 7, 2025: actual 1.22B JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 12, 2025: actual 1.27B JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 12, 2026: actual 1.31B JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 7, 2026: actual 1.35B JPY, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 6, 2026: actual 1.41B JPY, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

¥24.00

2025 complete year+860.0% since 2021

2026 partial: ¥14.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Jun 29, 2027

¥15.00

Semi-Annual

Record Jun 30, 2027 · Payment Jun 29, 2027

Dividend

Ex-dividend Jun 29, 2026

¥14.00

Semi-Annual

Record Dec 31, 2026 · Payment Dec 29, 2026

Dividend

Ex-dividend Dec 29, 2025

¥10.00

Semi-Annual

Record Dec 31, 2025 · Payment Mar 13, 2026

Dividend

Ex-dividend Jun 27, 2025

¥14.00

Annual

Record Jun 30, 2025 · Payment Sep 5, 2025

Dividend

Ex-dividend Jun 27, 2024

¥8.00

Annual

Record Jun 30, 2024 · Payment Sep 24, 2024

Dividend

Ex-dividend Jun 29, 2023

¥4.00

Annual

Record Jun 30, 2023 · Payment Sep 26, 2023

3984.T peers

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ETFs holding 3984.T

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Core TOPIX ETF logoiShares Core TOPIX ETF1475.T
Market value
35.8M
Weight
0.00%
AUM
2.89T JPY
Expense ratio
0.05%
Price / 1D
¥417.7-0.07%
Dimensional - International Core Equity Market ETF logoDimensional - International Core Equity Market ETFDFAI
Market value
76.39K
Weight
0.00%
AUM
18.23B USD
Expense ratio
0.18%
Price / 1D
$43.35+0.81%
Dimensional - International Small Cap ETF logoDimensional - International Small Cap ETFDFIS
Market value
58.53K
Weight
0.00%
AUM
5.91B USD
Expense ratio
0.39%
Price / 1D
$37.545+0.71%
Dimensional World ex U.S. Core Equity 2 ETF logoDimensional World ex U.S. Core Equity 2 ETFDFAX
Market value
58.53K
Weight
0.00%
AUM
12.57B USD
Expense ratio
0.28%
Price / 1D
$38.16+0.82%
Dimensional - International Core Equity 2 ETF logoDimensional - International Core Equity 2 ETFDFIC
Market value
52.58K
Weight
0.00%
AUM
15.43B USD
Expense ratio
0.22%
Price / 1D
$39.405+0.83%
Dimensional International Sustainability Core 1 ETF logoDimensional International Sustainability Core 1 ETFDFSI
Market value
24.8K
Weight
0.00%
AUM
1.19B USD
Expense ratio
0.24%
Price / 1D
$47.365+0.78%
Avantis International Small Cap Equity ETF logoAvantis International Small Cap Equity ETFAVDS
Market value
13.1K
Weight
—
AUM
340.61M USD
Expense ratio
0.30%
Price / 1D
$80.49+0.93%

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