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Forval Telecom,Inc. logo

Forval Telecom,Inc.

9445.T

JPXCommunication ServicesTelecommunications Services

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Latest quote

¥537

−¥2.00 · -0.37%

Aug 24, 3:30 PM JST

9445.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Forval Telecom, Inc., established in Tokyo, Japan, in 1995, delivers an array of telecommunications carrier services across the country. The company's operations extend to offering consultation for obtaining security certifications, providing IP and mobile technology solutions, furnishing business support services, and supplying electricity. It functions as a division of Forval Corporation.

Industry
Telecommunications Services
Sector
Communication Services
Headquarters
JP
CEO
Tatsuya Yuki
Listed since
Jan 4, 2001
Employees
197

Market position

Day range

Current ¥537

52-week range

Current ¥537

Open
¥539
Previous close
¥539
Volume
4.3K
2.79× average
Average volume
1.54K
Average daily volume
Market cap
9B JPY
Beta
0.14
Market reference 1
50-day average
¥533.12
+0.73% above average
200-day average
¥556.49
-3.50% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
10.64×
P/B (TTM)
2.35×
P/S (TTM)
0.37×
Dividend yield
4.28%

Profitability & efficiency

Gross margin
22.39%
Operating margin
4.61%
Net margin
3.43%

Financial health

Debt / equity
0×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends29%19%9%-1%Gross margin, FY2021: 26.89%Gross margin, FY2022: 20.86%Gross margin, FY2023: 24.51%Gross margin, FY2024: 23.11%Gross margin, FY2025: 22.76%Operating margin, FY2021: 4.62%Operating margin, FY2022: 2.38%Operating margin, FY2023: 4.42%Operating margin, FY2024: 4.45%Operating margin, FY2025: 5.17%Net margin, FY2021: 3.98%Net margin, FY2022: 1.53%Net margin, FY2023: 3.25%Net margin, FY2024: 2.85%Net margin, FY2025: 4.11%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 26.89%. Gross margin FY2022 20.86%. Gross margin FY2023 24.51%. Gross margin FY2024 23.11%. Gross margin FY2025 22.76%. Operating margin FY2021 4.62%. Operating margin FY2022 2.38%. Operating margin FY2023 4.42%. Operating margin FY2024 4.45%. Operating margin FY2025 5.17%. Net margin FY2021 3.98%. Net margin FY2022 1.53%. Net margin FY2023 3.25%. Net margin FY2024 2.85%. Net margin FY2025 4.11%.

Income trends

Revenue

23.97B JPY-6.67%

Operating income

1.24B JPY+8.45%

Net income

985.51M JPY+34.45%
Income trends across reported periods28.22B JPY18.09B JPY7.97B JPY−2.15B JPYRevenue, FY2021: 21.8B JPYRevenue, FY2022: 24.75B JPYRevenue, FY2023: 23.12B JPYRevenue, FY2024: 25.68B JPYRevenue, FY2025: 23.97B JPYOperating income, FY2021: 1.01B JPYOperating income, FY2022: 589.11M JPYOperating income, FY2023: 1.02B JPYOperating income, FY2024: 1.14B JPYOperating income, FY2025: 1.24B JPYNet income, FY2021: 868.03M JPYNet income, FY2022: 378.38M JPYNet income, FY2023: 750.41M JPYNet income, FY2024: 732.97M JPYNet income, FY2025: 985.51M JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 21.8B JPY. Revenue FY2022 24.75B JPY. Revenue FY2023 23.12B JPY. Revenue FY2024 25.68B JPY. Revenue FY2025 23.97B JPY. Operating income FY2021 1.01B JPY. Operating income FY2022 589.11M JPY. Operating income FY2023 1.02B JPY. Operating income FY2024 1.14B JPY. Operating income FY2025 1.24B JPY. Net income FY2021 868.03M JPY. Net income FY2022 378.38M JPY. Net income FY2023 750.41M JPY. Net income FY2024 732.97M JPY. Net income FY2025 985.51M JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue23.97B JPY25.68B JPY23.12B JPY24.75B JPY21.8B JPY
Cost of goods sold18.52B JPY19.75B JPY17.45B JPY19.59B JPY15.94B JPY
Gross profit5.46B JPY5.94B JPY5.67B JPY5.16B JPY5.86B JPY
Selling, general, and administrative4.22B JPY4.79B JPY4.64B JPY4.57B JPY4.85B JPY
Operating expenses4.22B JPY4.79B JPY4.64B JPY4.57B JPY4.85B JPY
Interest income498K JPY191K JPY11K JPY16K JPY6K JPY
Interest expense4.3M JPY9.65M JPY13.25M JPY16.33M JPY22.28M JPY
Depreciation and amortization416.88M JPY424.43M JPY446.67M JPY317.59M JPY282.91M JPY
Operating income1.24B JPY1.14B JPY1.02B JPY589.11M JPY1.01B JPY
Net income985.51M JPY732.97M JPY750.41M JPY378.38M JPY868.03M JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
6.42

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates18.5514.219.865.52Q4 '24Q1 '25Q2 '25Q2 '25Q3 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 13, 2024: actual 16.91, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 12, 2025: actual 9.95, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 13, 2025: actual 12.51, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Jun 30, 2025: actual 14.74, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 30, 2025: actual 17.65, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 10, 2026: actual 11.07, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 15, 2026: actual 15.32, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 10, 2026: actual 6.42, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates7.35B6.58B5.81B5.03BQ4 '24Q1 '25Q2 '25Q2 '25Q3 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 13, 2024: actual 7.07B JPY, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 12, 2025: actual 6.23B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 13, 2025: actual 6.78B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Jun 30, 2025: actual 5.32B JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 30, 2025: actual 6.51B JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 10, 2026: actual 5.79B JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 15, 2026: actual 6.36B JPY, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 10, 2026: actual 5.99B JPY, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

¥22.00

2025 complete year+29.4% since 2021

2026 partial: ¥13.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 29, 2026

¥11.00

Semi-Annual

Record Sep 30, 2026 · Payment Sep 29, 2026

DividendUpcoming

Ex-dividend Mar 30, 2027

¥14.00

Semi-Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥13.00

Semi-Annual

Record Mar 31, 2026 · Payment Jun 11, 2026

Dividend

Ex-dividend Sep 29, 2025

¥10.00

Semi-Annual

Record Sep 30, 2025 · Payment Dec 10, 2025

Dividend

Ex-dividend Mar 28, 2025

¥12.00

Semi-Annual

Record Mar 31, 2025 · Payment Jun 5, 2025

Dividend

Ex-dividend Sep 27, 2024

¥8.00

Semi-Annual

Record Sep 30, 2024 · Payment Dec 10, 2024

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