Reported Earnings • May 20
First quarter 2026 earnings released: EPS: JP¥122 (vs JP¥21.79 in 1Q 2025) First quarter 2026 results: EPS: JP¥122 (up from JP¥21.79 in 1Q 2025). Revenue: JP¥6.28b (up 136% from 1Q 2025). Net income: JP¥1.08b (up 491% from 1Q 2025). Profit margin: 17% (up from 6.9% in 1Q 2025). Valuation Update With 7 Day Price Move • May 19
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to JP¥17,300, the stock trades at a trailing P/E ratio of 49.5x. Average trailing P/E is 13x in the Capital Markets industry in Japan. Total returns to shareholders of 205% over the past year. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥13,250, the stock trades at a trailing P/E ratio of 37.9x. Average trailing P/E is 14x in the Capital Markets industry in Japan. Total returns to shareholders of 172% over the past year. Reported Earnings • Apr 04
Full year 2025 earnings released: EPS: JP¥354 (vs JP¥114 in FY 2024) Full year 2025 results: EPS: JP¥354 (up from JP¥114 in FY 2024). Revenue: JP¥15.0b (up 35% from FY 2024). Net income: JP¥3.09b (up 243% from FY 2024). Profit margin: 21% (up from 8.2% in FY 2024). Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to JP¥13,540, the stock trades at a trailing P/E ratio of 38.7x. Average trailing P/E is 14x in the Capital Markets industry in Japan. Total returns to shareholders of 160% over the past year. Aankondiging • Feb 19
Next Generation Technology Group Inc. (TSE:319A) agreed to acquire Osaki Electric Clutch And Brake Co., Ltd. Next Generation Technology Group Inc. (TSE:319A) agreed to acquire Osaki Electric Clutch And Brake Co., Ltd. on February 19, 2026.
For the period ending March 31, 2025, Osaki Electric Clutch And Brake Co., Ltd. reported total revenue of ¥1.18 billion, EBIT of ¥86 million and net income of ¥58 million. As of March 31, 2025, Osaki Electric Clutch And Brake Co., Ltd. reported total assets of ¥1.06 billion and total common equity of ¥755 million.
The expected completion of the transaction is March 31, 2026. New Risk • Feb 17
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 28% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (0.9% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (9.1% average weekly change). High level of non-cash earnings (28% accrual ratio). Reported Earnings • Feb 14
Full year 2025 earnings released: EPS: JP¥354 (vs JP¥114 in FY 2024) Full year 2025 results: EPS: JP¥354 (up from JP¥114 in FY 2024). Revenue: JP¥15.0b (up 35% from FY 2024). Net income: JP¥3.09b (up 243% from FY 2024). Profit margin: 21% (up from 8.2% in FY 2024). Aankondiging • Feb 14
Next Generation Technology Group Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2026 Next Generation Technology Group Inc. provided consolidated earnings guidance for the fiscal year ending December 31, 2026. For the year, the company expects net sales of JPY 23,000 million. Aankondiging • Feb 13
Next Generation Technology Group Inc., Annual General Meeting, Mar 30, 2026 Next Generation Technology Group Inc., Annual General Meeting, Mar 30, 2026. Aankondiging • Dec 16
Next Generation Technology Group Inc. to Report Q1, 2025 Results on Dec 15, 2025 Next Generation Technology Group Inc. announced that they will report Q1, 2025 results on Dec 15, 2025 Aankondiging • Dec 03
Next Generation Technology Group Inc. to Report Fiscal Year 2025 Results on Feb 13, 2026 Next Generation Technology Group Inc. announced that they will report fiscal year 2025 results on Feb 13, 2026 New Risk • Nov 13
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Large one-off items impacting financial results. Aankondiging • Oct 24
Next Generation Technology Group Inc. (TSE:319A) acquired Advance Co., Ltd. Next Generation Technology Group Inc. (TSE:319A) acquired Advance Co., Ltd. on October 23, 2025. The price will be financed with our own funds and loans from financial institutions.
For the period ending March 31, 2025, Advance Co., Ltd. reported total revenue of ¥953 million, EBIT of ¥26 million and net income of ¥63 million. As of March 31, 2025, Advance Co., Ltd. reported total assets of ¥811 million and total common equity of ¥720 million.
Next Generation Technology Group Inc. (TSE:319A) completed the acquisition of Advance Co., Ltd. on October 23, 2025. Aankondiging • Sep 28
Next Generation Technology Group Inc. to Report Q3, 2025 Results on Nov 14, 2025 Next Generation Technology Group Inc. announced that they will report Q3, 2025 results on Nov 14, 2025 New Risk • Aug 19
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 12% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (9.3% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (4.9% net profit margin). Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to JP¥5,500, the stock trades at a trailing P/E ratio of 69.3x. Average trailing P/E is 13x in the Capital Markets industry in Japan. Aankondiging • Jun 03
Next Generation Technology Group Inc. to Report Q2, 2025 Results on Aug 14, 2025 Next Generation Technology Group Inc. announced that they will report Q2, 2025 results on Aug 14, 2025 Aankondiging • May 30
Next Generation Technology Group Inc. to Report Fiscal Year 2024 Final Results on Aug 02, 2025 Next Generation Technology Group Inc. announced that they will report fiscal year 2024 final results on Aug 02, 2025 Reported Earnings • May 20
First quarter 2025 earnings released First quarter 2025 results: EPS: JP¥21.79. Net income: JP¥183.0m (up JP¥183.0m from 1Q 2024). Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥5,210, the stock trades at a trailing P/E ratio of 51.2x. Average trailing P/E is 14x in the Capital Markets industry in Japan. Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥4,620, the stock trades at a trailing P/E ratio of 44.2x. Average trailing P/E is 10x in the Capital Markets industry in Japan. Aankondiging • Apr 02
Next Generation Technology Group Inc. (TSE:319A) agreed to acquire Miyasaka Industry Co., Ltd. Next Generation Technology Group Inc. (TSE:319A) agreed to acquire Miyasaka Industry Co., Ltd. on March 29, 2025.
For the period ending June 30, 2024, Miyasaka Industry Co., Ltd. reported total revenue of ¥577 million, EBIT of ¥97 million and net income of ¥66 million. As of June 30, 2024, Miyasaka Industry Co., Ltd. reported total assets of ¥830 million and total common equity of ¥608 million.
The expected completion of the transaction is April 1, 2025. Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥4,860, the stock trades at a trailing P/E ratio of 46.5x. Average trailing P/E is 12x in the Capital Markets industry in Japan. Aankondiging • Feb 28
Next Generation Technology Group Inc. to Report Q1, 2025 Results on May 14, 2025 Next Generation Technology Group Inc. announced that they will report Q1, 2025 results on May 14, 2025 Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improves as stock rises 40% After last week's 40% share price gain to JP¥4,680, the stock trades at a trailing P/E ratio of 44.8x. Average trailing P/E is 12x in the Capital Markets industry in Japan. Aankondiging • Feb 17
Next Generation Technology Group Inc., Annual General Meeting, Mar 27, 2025 Next Generation Technology Group Inc., Annual General Meeting, Mar 27, 2025. Reported Earnings • Feb 16
Full year 2024 earnings released: EPS: JP¥114 (vs JP¥206 in FY 2023) Full year 2024 results: EPS: JP¥114 (down from JP¥206 in FY 2023). Revenue: JP¥11.1b (up 19% from FY 2023). Net income: JP¥901.0m (down 44% from FY 2023). Profit margin: 8.2% (down from 17% in FY 2023). The decrease in margin was driven by higher expenses. Aankondiging • Feb 06
Next Generation Technology Group Inc. has completed an IPO in the amount of ¥2.91 billion. Next Generation Technology Group Inc. has completed an IPO in the amount of ¥2.91 billion.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 745,000
Price\Range: ¥2000
Discount Per Security: ¥160
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 710,000
Price\Range: ¥2000
Discount Per Security: ¥160 Aankondiging • Feb 05
Next Generation Technology Group Inc. to Report Fiscal Year 2024 Results on Feb 14, 2025 Next Generation Technology Group Inc. announced that they will report fiscal year 2024 results on Feb 14, 2025 Board Change • Feb 05
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). CEO, President & Director Eiichi Arai is the most experienced director on the board, commencing their role in 2018. Outside Independent Director Toshiyuki Shiga was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. 
