Buy Or Sell Opportunity • Jun 23
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 24% to JP¥515. The fair value is estimated to be JP¥656, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has declined by 6.8%. New Risk • Jun 05
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.53b (US$9.54m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Jun 04
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 18% to JP¥542. The fair value is estimated to be JP¥706, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has declined by 6.8%. Aankondiging • Jun 01
BTM, Inc. to Report Q1, 2027 Results on Aug 13, 2026 BTM, Inc. announced that they will report Q1, 2027 results on Aug 13, 2026 Reported Earnings • May 20
Full year 2026 earnings released: EPS: JP¥23.08 (vs JP¥21.98 in FY 2025) Full year 2026 results: EPS: JP¥23.08 (up from JP¥21.98 in FY 2025). Revenue: JP¥6.04b (up 18% from FY 2025). Net income: JP¥65.0m (up 4.8% from FY 2025). Profit margin: 1.1% (down from 1.2% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 37% per year, which means it is performing significantly worse than earnings. New Risk • May 16
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended March 2025. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported March 2025 fiscal period end). High level of non-cash earnings (20% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (1.2% net profit margin). Market cap is less than US$100m (JP¥1.92b market cap, or US$12.1m). Aankondiging • May 15
BTM, Inc., Annual General Meeting, Jun 29, 2026 BTM, Inc., Annual General Meeting, Jun 29, 2026. New Risk • Dec 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Share price has been volatile over the past 3 months (6.1% average weekly change). Profit margins are more than 30% lower than last year (1.2% net profit margin). Market cap is less than US$100m (JP¥2.36b market cap, or US$15.2m). Aankondiging • Nov 29
BTM, Inc. to Report Q3, 2026 Results on Feb 13, 2026 BTM, Inc. announced that they will report Q3, 2026 results on Feb 13, 2026 Aankondiging • Oct 25
BTM, Inc. (TSE:5247) agreed to acquire Quest System Design Co., Ltd. from Knowledgebeans Co., Ltd for approximately ¥110 million. BTM, Inc. (TSE:5247) agreed to acquire Quest System Design Co., Ltd. from Knowledgebeans Co., Ltd for approximately ¥110 million on October 24, 2025.
The expected completion of the transaction is October 31, 2025. As of March 2025, Quest System Design Co., Ltd., reported total revenue of ¥221.261 million, total assets of ¥68.908 million, EBIT of ¥13.196 million, net income of ¥13.428 million and total common equity of ¥31.286 million. Valuation Update With 7 Day Price Move • Sep 04
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥978, the stock trades at a trailing P/E ratio of 44.6x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 48% over the past year. Aankondiging • Sep 01
BTM, Inc. to Report Q2, 2026 Results on Nov 13, 2025 BTM, Inc. announced that they will report Q2, 2026 results on Nov 13, 2025 Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥886, the stock trades at a trailing P/E ratio of 40.4x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 69% over the past year. Aankondiging • Jun 03
BTM, Inc. to Report Q1, 2026 Results on Aug 13, 2025 BTM, Inc. announced that they will report Q1, 2026 results on Aug 13, 2025 Reported Earnings • May 21
Full year 2025 earnings released: EPS: JP¥43.96 (vs JP¥78.27 in FY 2024) Full year 2025 results: EPS: JP¥43.96 (down from JP¥78.27 in FY 2024). Revenue: JP¥5.10b (up 23% from FY 2024). Net income: JP¥62.0m (down 44% from FY 2024). Profit margin: 1.2% (down from 2.6% in FY 2024). The decrease in margin was driven by higher expenses. Aankondiging • May 16
BTM, Inc., Annual General Meeting, Jun 27, 2025 BTM, Inc., Annual General Meeting, Jun 27, 2025. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment improves as stock rises 43% After last week's 43% share price gain to JP¥1,399, the stock trades at a trailing P/E ratio of 36x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 51% over the past year. Aankondiging • Mar 25
BTM, Inc. (TSE:5247) agreed to acquire SES business of Laniakea Inc. from Laniakea Inc. for ¥50 million. BTM, Inc. (TSE:5247) agreed to acquire SES business of Laniakea Inc. from Laniakea Inc. for ¥50 million on March 24, 2025. For the most recent fiscal year SES business of Laniakea Inc reported revenue of ¥110 million and net profit of ¥0.13 million.
The expected completion of the transaction is May 1, 2025. Aankondiging • Mar 01
BTM, Inc. to Report Fiscal Year 2025 Results on May 14, 2025 BTM, Inc. announced that they will report fiscal year 2025 results on May 14, 2025 Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: JP¥19.88 (vs JP¥17.69 in 3Q 2024) Third quarter 2025 results: EPS: JP¥19.88 (up from JP¥17.69 in 3Q 2024). Revenue: JP¥1.29b (up 22% from 3Q 2024). Net income: JP¥28.0m (up 12% from 3Q 2024). Profit margin: 2.2% (down from 2.4% in 3Q 2024). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to JP¥3,210, the stock trades at a trailing P/E ratio of 39.8x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 73% over the past year. Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥2,195, the stock trades at a trailing P/E ratio of 27.2x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 6.1% over the past year. Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment deteriorates as stock falls 35% After last week's 35% share price decline to JP¥2,421, the stock trades at a trailing P/E ratio of 30x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 18% over the past year. Aankondiging • Dec 03
BTM, Inc. to Report Q3, 2025 Results on Feb 13, 2025 BTM, Inc. announced that they will report Q3, 2025 results on Feb 13, 2025 Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to JP¥1,567, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 42% over the past year. Aankondiging • Aug 27
BTM, Inc. to Report Q2, 2025 Results on Nov 13, 2024 BTM, Inc. announced that they will report Q2, 2025 results on Nov 13, 2024 Aankondiging • Aug 15
BTM, Inc. (TSE:5247) announces an Equity Buyback for 5,000 shares, representing 0.35% for ¥12.5 million. BTM, Inc. (TSE:5247) announces a share repurchase program. Under the program, the company will repurchase up to 5,000 shares, representing 0.35% of its issued share capital for ¥12.5 million. The purpose of the program is to enable flexible capital policy in response to changes in the business environment. The plan will be valid till September 20, 2024. As of June 30, 2024, the company had 1,413,421 issued shares and 79 shares in treasury. New Risk • Aug 06
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.41b (US$9.76m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (46% accrual ratio). Market cap is less than US$10m (JP¥1.41b market cap, or US$9.76m). Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 28% After last week's 28% share price decline to JP¥1,130, the stock trades at a trailing P/E ratio of 14.5x. Average trailing P/E is 17x in the IT industry in Japan. Total loss to shareholders of 73% over the past year. New Risk • Aug 02
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 5.5% 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. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (46% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Market cap is less than US$100m (JP¥2.02b market cap, or US$13.6m). Aankondiging • Jun 02
BTM, Inc. to Report Q1, 2025 Results on Aug 13, 2024 BTM, Inc. announced that they will report Q1, 2025 results on Aug 13, 2024 Reported Earnings • May 19
Full year 2024 earnings released: EPS: JP¥78.27 (vs JP¥62.59 in FY 2023) Full year 2024 results: EPS: JP¥78.27 (up from JP¥62.59 in FY 2023). Revenue: JP¥4.15b (up 17% from FY 2023). Net income: JP¥110.0m (up 43% from FY 2023). Profit margin: 2.6% (up from 2.2% in FY 2023). The increase in margin was driven by higher revenue. Aankondiging • May 16
BTM, Inc., Annual General Meeting, Jun 27, 2024 BTM, Inc., Annual General Meeting, Jun 27, 2024. Aankondiging • Mar 02
BTM, Inc. to Report Fiscal Year 2024 Results on May 14, 2024 BTM, Inc. announced that they will report fiscal year 2024 results on May 14, 2024 Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: JP¥17.69 (vs JP¥19.78 in 3Q 2023) Third quarter 2024 results: EPS: JP¥17.69 (down from JP¥19.78 in 3Q 2023). Revenue: JP¥1.06b (up 11% from 3Q 2023). Net income: JP¥25.0m (down 7.4% from 3Q 2023). Profit margin: 2.4% (down from 2.8% in 3Q 2023). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥2,210, the stock trades at a trailing P/E ratio of 38.6x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 11% over the past year. Valuation Update With 7 Day Price Move • Dec 08
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥2,105, the stock trades at a trailing P/E ratio of 36.7x. Average trailing P/E is 18x in the IT industry in Japan. Aankondiging • Nov 27
BTM, Inc. to Report Q3, 2024 Results on Feb 13, 2024 BTM, Inc. announced that they will report Q3, 2024 results on Feb 13, 2024 Reported Earnings • Nov 17
Second quarter 2024 earnings released: EPS: JP¥17.04 (vs JP¥19.78 in 2Q 2023) Second quarter 2024 results: EPS: JP¥17.04 (down from JP¥19.78 in 2Q 2023). Revenue: JP¥969.0m (up 1.9% from 2Q 2023). Net income: JP¥24.0m (down 11% from 2Q 2023). Profit margin: 2.5% (down from 2.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥2,480, the stock trades at a trailing P/E ratio of 45.7x. Average trailing P/E is 18x in the IT industry in Japan. Valuation Update With 7 Day Price Move • Sep 12
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥3,100, the stock trades at a trailing P/E ratio of 57.1x. Average trailing P/E is 19x in the IT industry in Japan. Aankondiging • Aug 27
BTM, Inc. to Report Q2, 2024 Results on Nov 13, 2023 BTM, Inc. announced that they will report Q2, 2024 results on Nov 13, 2023 Reported Earnings • Aug 16
First quarter 2024 earnings released First quarter 2024 results: EPS: JP¥13.71. Net income: JP¥19.0m (up JP¥19.0m from 1Q 2023). Aankondiging • May 28
BTM, Inc. to Report Q1, 2024 Results on Aug 14, 2023 BTM, Inc. announced that they will report Q1, 2024 results on Aug 14, 2023 Aankondiging • May 14
BTM, Inc., Annual General Meeting, Jun 29, 2023 BTM, Inc., Annual General Meeting, Jun 29, 2023. Aankondiging • Jan 25
BTM, Inc. to Report Q3, 2023 Results on Feb 13, 2023 BTM, Inc. announced that they will report Q3, 2023 results on Feb 13, 2023 Aankondiging • Dec 28
BTM, Inc. has completed an IPO in the amount of ¥452.1 million. BTM, Inc. has completed an IPO in the amount of ¥452.1 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 301,400
Price\Range: ¥1500
Discount Per Security: ¥120
Transaction Features: Sponsor Backed Offering