Valuation Update With 7 Day Price Move • 10h
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥2,291, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 14x in the IT industry in Japan. Total returns to shareholders of 78% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,013 per share. Buy Or Sell Opportunity • Apr 16
Now 23% undervalued The stock has been flat over the last 90 days, currently trading at JP¥2,118. The fair value is estimated to be JP¥2,742, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 40% over the last 3 years. Earnings per share has grown by 37%. Revenue is forecast to grow by 73% in 2 years. Earnings are forecast to grow by 65% in the next 2 years. Reported Earnings • Apr 15
Full year 2026 earnings: EPS exceeds analyst expectations Full year 2026 results: EPS: JP¥79.07 (up from JP¥56.68 in FY 2025). Revenue: JP¥17.4b (up 50% from FY 2025). Net income: JP¥2.46b (up 37% from FY 2025). Profit margin: 14% (down from 15% in FY 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.4%. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Annonce • Apr 14
baudroie,inc., Annual General Meeting, May 28, 2026 baudroie,inc., Annual General Meeting, May 28, 2026. Annonce • Apr 07
baudroie,inc. to Report Fiscal Year 2026 Results on Apr 14, 2026 baudroie,inc. announced that they will report fiscal year 2026 results on Apr 14, 2026 Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥1,753, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the IT industry in Japan. Total returns to shareholders of 65% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,201 per share. Annonce • Jan 16
baudroie,inc. (TSE:4413) completed the acquisition of RIKSOL Co., Ltd. from TERRASOL Inc. and Ken-ichi Hamanaka for ¥800 million. baudroie,inc. (TSE:4413) entered into a share transfer agreement to acquire RIKSOL Co., Ltd. from TERRASOL Inc. and Ken-ichi Hamanaka for ¥800 million on January 14, 2026. The consideration will be paid in cash. For the period ending April 30, 2025, RIKSOL Co., Ltd. reported total revenue of ¥1.32 billion, operating loss of ¥6 million and net loss of ¥35 million. As of April 30, 2025, RIKSOL Co., Ltd. reported total assets of ¥287 million and net liabilities of ¥175 million.
The transaction is scheduled to close on January 14, 2026. Plutus Consulting Co., Ltd. acted as fairness opinion provider to baudroie,inc.
baudroie,inc. (TSE:4413) completed the acquisition of RIKSOL Co., Ltd. from TERRASOL Inc. and Ken-ichi Hamanaka on January 14, 2026. Reported Earnings • Jan 15
Third quarter 2026 earnings released: EPS: JP¥22.09 (vs JP¥15.41 in 3Q 2025) Third quarter 2026 results: EPS: JP¥22.09 (up from JP¥15.41 in 3Q 2025). Revenue: JP¥4.63b (up 48% from 3Q 2025). Net income: JP¥688.0m (up 39% from 3Q 2025). Profit margin: 15% (in line with 3Q 2025). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 37% per year whereas the company’s share price has increased by 36% per year. Annonce • Nov 27
baudroie,inc. to Report Q3, 2026 Results on Jan 14, 2026 baudroie,inc. announced that they will report Q3, 2026 results on Jan 14, 2026 Valuation Update With 7 Day Price Move • Oct 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥3,160, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 19x in the IT industry in Japan. Total returns to shareholders of 277% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,873 per share. Reported Earnings • Oct 15
Second quarter 2026 earnings released: EPS: JP¥18.56 (vs JP¥13.34 in 2Q 2025) Second quarter 2026 results: EPS: JP¥18.56 (up from JP¥13.34 in 2Q 2025). Revenue: JP¥4.34b (up 47% from 2Q 2025). Net income: JP¥577.4m (up 35% from 2Q 2025). Profit margin: 13% (down from 14% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the IT industry in Japan. Price Target Changed • Oct 11
Price target increased by 36% to JP¥3,525 Up from JP¥2,600, the current price target is an average from 2 analysts. New target price is 34% above last closing price of JP¥2,621. Stock is down 8.5% over the past year. The company is forecast to post earnings per share of JP¥78.20 for next year compared to JP¥56.68 last year. New Risk • Sep 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. New Risk • Aug 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 4.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥3,375, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 21x in the IT industry in Japan. Total returns to shareholders of 490% over the past three years. Annonce • Aug 05
baudroie,inc. to Report Q2, 2026 Results on Oct 14, 2025 baudroie,inc. announced that they will report Q2, 2026 results on Oct 14, 2025 Reported Earnings • Jul 17
First quarter 2026 earnings released: EPS: JP¥28.34 (vs JP¥10.61 in 1Q 2025) First quarter 2026 results: EPS: JP¥28.34 (up from JP¥10.61 in 1Q 2025). Revenue: JP¥3.36b (up 44% from 1Q 2025). Net income: JP¥437.4m (up 31% from 1Q 2025). Profit margin: 13% (down from 14% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the IT industry in Japan. Annonce • May 23
baudroie,inc. to Report Q1, 2026 Results on Jul 15, 2025 baudroie,inc. announced that they will report Q1, 2026 results at 3:00 PM, Tokyo Standard Time on Jul 15, 2025 Reported Earnings • Apr 16
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥113 (up from JP¥74.05 in FY 2024). Revenue: JP¥11.6b (up 59% from FY 2024). Net income: JP¥1.80b (up 54% from FY 2024). Profit margin: 15% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.6%. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the IT industry in Japan. New Risk • Apr 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to JP¥3,960, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 17x in the IT industry in Japan. Total returns to shareholders of 196% over the past three years. Buy Or Sell Opportunity • Apr 01
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.4% to JP¥4,865. The fair value is estimated to be JP¥6,263, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 51% over the last year. Earnings per share has grown by 51%. Revenue is forecast to grow by 80% in 2 years. Earnings are forecast to grow by 77% in the next 2 years. Buy Or Sell Opportunity • Mar 05
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.0% to JP¥4,845. The fair value is estimated to be JP¥6,084, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 51% over the last year. Earnings per share has grown by 51%. Revenue is forecast to grow by 80% in 2 years. Earnings are forecast to grow by 77% in the next 2 years. Annonce • Feb 19
baudroie,inc. to Report Fiscal Year 2025 Results on Apr 15, 2025 baudroie,inc. announced that they will report fiscal year 2025 results on Apr 15, 2025 New Risk • Jan 28
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.5% average weekly change). Minor Risk Less than 3 years of financial data is available. Reported Earnings • Jan 15
Third quarter 2025 earnings released: EPS: JP¥30.78 (vs JP¥19.56 in 3Q 2024) Third quarter 2025 results: EPS: JP¥30.78 (up from JP¥19.56 in 3Q 2024). Revenue: JP¥3.13b (up 65% from 3Q 2024). Net income: JP¥493.0m (up 59% from 3Q 2024). Profit margin: 16% (in line with 3Q 2024). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the IT industry in Japan. Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥4,585, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 20x in the IT industry in Japan. Total returns to shareholders of 302% over the past three years. Annonce • Nov 25
baudroie,inc. (TSE:4413) announces an Equity Buyback for 640,600 shares, representing 4% for ¥3,500 million. baudroie,inc. (TSE:4413) announces a share repurchase program. Under the program, the company will repurchase up to 640,600 shares, representing 4% of its issued share capital, for ¥ 3,500 million. The purpose of the program is to execute a flexible capital policy in response to changes in the business environment, utilize shares in M&A, and for incentive plans. The program is valid till April 30, 2025. As of August 31, 2024, there are 16,014,149 outstanding shares (excluding treasury stock) and 5 shares in treasury. Buy Or Sell Opportunity • Nov 05
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.5% to JP¥4,330. The fair value is estimated to be JP¥5,474, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last year. Earnings per share has grown by 50%. Revenue is forecast to grow by 92% in 2 years. Earnings are forecast to grow by 78% in the next 2 years. Valuation Update With 7 Day Price Move • Oct 22
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥4,675, the stock trades at a trailing P/E ratio of 50.7x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 107% over the past year. Reported Earnings • Oct 16
Second quarter 2025 earnings released: EPS: JP¥26.74 (vs JP¥16.28 in 2Q 2024) Second quarter 2025 results: EPS: JP¥26.74 (up from JP¥16.28 in 2Q 2024). Revenue: JP¥2.95b (up 63% from 2Q 2024). Net income: JP¥428.0m (up 66% from 2Q 2024). Profit margin: 14% (in line with 2Q 2024). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the IT industry in Japan. New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Share price has been volatile over the past 3 months (8.8% average weekly change). Buy Or Sell Opportunity • Sep 17
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 65% to JP¥5,700. The fair value is estimated to be JP¥4,743, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Annonce • Aug 28
baudroie,inc. to Report Q2, 2025 Results on Oct 15, 2024 baudroie,inc. announced that they will report Q2, 2025 results on Oct 15, 2024 Buy Or Sell Opportunity • Aug 02
Now 26% undervalued Over the last 90 days, the stock has risen 26% to JP¥4,165. The fair value is estimated to be JP¥5,617, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last year. Earnings per share has grown by 48%. Revenue is forecast to grow by 102% in 2 years. Earnings are forecast to grow by 82% in the next 2 years. Price Target Changed • Jul 23
Price target increased by 25% to JP¥5,000 Up from JP¥4,000, the current price target is provided by 1 analyst. New target price is 11% above last closing price of JP¥4,495. Stock is up 37% over the past year. The company is forecast to post earnings per share of JP¥108 for next year compared to JP¥74.04 last year. Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to JP¥4,530, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 20x in the IT industry in Japan. Total returns to shareholders of 29% over the past year. Reported Earnings • Jul 13
First quarter 2025 earnings released: EPS: JP¥21.23 (vs JP¥12.50 in 1Q 2024) First quarter 2025 results: EPS: JP¥21.23 (up from JP¥12.50 in 1Q 2024). Revenue: JP¥2.34b (up 40% from 1Q 2024). Net income: JP¥334.2m (up 69% from 1Q 2024). Profit margin: 14% (up from 12% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the IT industry in Japan. Annonce • Jun 10
baudroie,inc. to Report Q1, 2025 Results on Jul 11, 2024 baudroie,inc. announced that they will report Q1, 2025 results on Jul 11, 2024 Valuation Update With 7 Day Price Move • Apr 19
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥3,455, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 18x in the IT industry in Japan. Total returns to shareholders of 54% over the past year. Major Estimate Revision • Apr 17
Consensus revenue estimates increase by 11% The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥9.50b to JP¥10.5b. EPS estimate increased from JP¥88.60 to JP¥98.90 per share. Net income forecast to grow 32% next year vs 17% growth forecast for IT industry in Japan. Consensus price target up from JP¥4,000 to JP¥4,200. Share price fell 3.5% to JP¥3,605 over the past week. Annonce • Apr 11
baudroie,inc., Annual General Meeting, May 23, 2024 baudroie,inc., Annual General Meeting, May 23, 2024. Reported Earnings • Apr 11
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: JP¥74.05 (up from JP¥50.49 in FY 2023). Revenue: JP¥7.33b (up 40% from FY 2023). Net income: JP¥1.17b (up 48% from FY 2023). Profit margin: 16% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.8%. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the IT industry in Japan. Annonce • Feb 29
baudroie,inc. to Report Fiscal Year 2024 Results on Apr 10, 2024 baudroie,inc. announced that they will report fiscal year 2024 results on Apr 10, 2024 Annonce • Jan 30
baudroie,inc. Provides Earnings Guidance for the Fiscal Year Ending February 29, 2024 baudroie,inc. provided earnings guidance for the Fiscal Year Ending February 29, 2024. For the period, company expects Net sales to be JPY 6,820 Millions, Operating profit to be JPY 1,270 Millions. Profit attributable to owners of parent to be JPY 993 Millions. Basic earnings per share to be JPY 62.69. Buy Or Sell Opportunity • Jan 22
Now 28% overvalued after recent price rise Over the last 90 days, the stock has risen 59% to JP¥3,590. The fair value is estimated to be JP¥2,803, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to grow by 69% in 2 years. Earnings are forecast to grow by 66% in the next 2 years. New Risk • Jan 18
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risk Less than 3 years of financial data is available. Reported Earnings • Jan 13
Third quarter 2024 earnings released: EPS: JP¥19.56 (vs JP¥17.83 in 3Q 2023) Third quarter 2024 results: EPS: JP¥19.56 (up from JP¥17.83 in 3Q 2023). Revenue: JP¥1.90b (up 28% from 3Q 2023). Net income: JP¥310.0m (up 9.9% from 3Q 2023). Profit margin: 16% (down from 19% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the IT industry in Japan. Annonce • Nov 30
baudroie,inc. to Report Q3, 2024 Results on Jan 11, 2024 baudroie,inc. announced that they will report Q3, 2024 results on Jan 11, 2024 Annonce • Oct 26
baudroie,inc. (TSE:4413) announces an Equity Buyback for 170,000 shares, representing 2.14% for ¥700 million. baudroie,inc. (TSE:4413) announces a share repurchase program. Under the program, the company will repurchase up to 170,000 shares, representing 2.14% of its issued share capital (excluding treasury stock), for ¥700 million. The purpose of the program is implementing flexible capital policies in response to changes in the business environment, utilizing the
stock in M&A, and in incentive plans. The program will run until January 31, 2024. As of September 30, 2023, the company had 7,928,300 shares in issue and 95 shares in treasury. Buying Opportunity • Oct 23
Now 25% undervalued after recent price drop Over the last 90 days, the stock is down 34%. The fair value is estimated to be JP¥5,797, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 95% in 2 years. Earnings is forecast to grow by 63% in the next 2 years. Reported Earnings • Oct 12
Second quarter 2024 earnings released: EPS: JP¥32.55 (vs JP¥35.67 in 2Q 2023) Second quarter 2024 results: EPS: JP¥32.55 (down from JP¥35.67 in 2Q 2023). Revenue: JP¥1.81b (up 22% from 2Q 2023). Net income: JP¥258.0m (down 8.5% from 2Q 2023). Profit margin: 14% (down from 19% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the IT industry in Japan. Annonce • Aug 03
baudroie,inc. to Report Q2, 2024 Results on Oct 11, 2023 baudroie,inc. announced that they will report Q2, 2024 results on Oct 11, 2023 Annonce • May 12
baudroie,inc. to Report Q1, 2024 Results on Jul 11, 2023 baudroie,inc. announced that they will report Q1, 2024 results on Jul 11, 2023 Price Target Changed • Apr 24
Price target increased by 32% to JP¥5,300 Up from JP¥4,000, the current price target is provided by 1 analyst. New target price is 21% above last closing price of JP¥4,370. Stock is up 62% over the past year. The company is forecast to post earnings per share of JP¥126 for next year compared to JP¥101 last year. Annonce • Feb 19
baudroie,inc. to Report Fiscal Year 2023 Results on Apr 11, 2023 baudroie,inc. announced that they will report fiscal year 2023 results on Apr 11, 2023 Buying Opportunity • Dec 21
Now 24% undervalued Over the last 90 days, the stock is up 33%. The fair value is estimated to be JP¥4,455, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Annonce • Nov 30
baudroie,inc. to Report Q3, 2023 Results on Jan 12, 2023 baudroie,inc. announced that they will report Q3, 2023 results on Jan 12, 2023 Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Sep 04
baudroie,inc. to Report Q2, 2023 Results on Oct 11, 2022 baudroie,inc. announced that they will report Q2, 2023 results on Oct 11, 2022 Annonce • Jun 03
baudroie,inc. to Report Q1, 2023 Results on Jul 12, 2022 baudroie,inc. announced that they will report Q1, 2023 results on Jul 12, 2022 Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Apr 15
baudroie,inc., Annual General Meeting, May 26, 2022 baudroie,inc., Annual General Meeting, May 26, 2022. Annonce • Feb 22
baudroie,inc. to Report Fiscal Year 2022 Results on Apr 12, 2022 baudroie,inc. announced that they will report fiscal year 2022 results on Apr 12, 2022 Annonce • Dec 02
baudroie,inc. has completed an IPO in the amount of ¥2.8004 billion. baudroie,inc. has completed an IPO in the amount of ¥2.8004 billion.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 1,400,200
Price\Range: ¥2000
Discount Per Security: ¥160