CrowdWorks Inc.

TSE:3900 Stock Report

Market Cap: JP¥9.3b

CrowdWorks Future Growth

Future criteria checks 3/6

CrowdWorks is forecast to grow earnings and revenue by 63.7% and 2.6% per annum respectively. EPS is expected to grow by 63.7% per annum. Return on equity is forecast to be 12.9% in 3 years.

Key information

63.7%

Earnings growth rate

63.72%

EPS growth rate

Professional Services earnings growth14.2%
Revenue growth rate2.6%
Future return on equity12.94%
Analyst coverage

Low

Last updated15 Jun 2026

Recent future growth updates

Analysis Article • Dec 25

Results: CrowdWorks Inc. Delivered A Surprise Loss And Now Analysts Have New Forecasts

Investors in CrowdWorks Inc. ( TSE:3900 ) had a good week, as its shares rose 5.1% to close at JP¥825 following the...

Recent updates

Analysis Article • Feb 16

CrowdWorks Inc. (TSE:3900) Investors Are Less Pessimistic Than Expected

It's not a stretch to say that CrowdWorks Inc.'s ( TSE:3900 ) price-to-sales (or "P/S") ratio of 0.5x right now seems...
Analysis Article • Dec 25

Results: CrowdWorks Inc. Delivered A Surprise Loss And Now Analysts Have New Forecasts

Investors in CrowdWorks Inc. ( TSE:3900 ) had a good week, as its shares rose 5.1% to close at JP¥825 following the...
Analysis Article • Aug 20

CrowdWorks (TSE:3900) Will Pay A Dividend Of ¥18.00

CrowdWorks Inc.'s ( TSE:3900 ) investors are due to receive a payment of ¥18.00 per share on 23rd of December. Based on...
Analysis Article • Jul 26

CrowdWorks (TSE:3900) Will Pay A Dividend Of ¥18.00

CrowdWorks Inc.'s ( TSE:3900 ) investors are due to receive a payment of ¥18.00 per share on 23rd of December. Based on...
Analysis Article • May 15

We Think You Can Look Beyond CrowdWorks' (TSE:3900) Lackluster Earnings

The most recent earnings report from CrowdWorks Inc. ( TSE:3900 ) was disappointing for shareholders. While the...
Analysis Article • Apr 10

These 4 Measures Indicate That CrowdWorks (TSE:3900) Is Using Debt Safely

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Nov 12

CrowdWorks' (TSE:3900) Conservative Accounting Might Explain Soft Earnings

CrowdWorks Inc.'s ( TSE:3900 ) recent soft profit numbers didn't appear to worry shareholders, as the stock price...
Analysis Article • Nov 08

Earnings Tell The Story For CrowdWorks Inc. (TSE:3900) As Its Stock Soars 26%

Despite an already strong run, CrowdWorks Inc. ( TSE:3900 ) shares have been powering on, with a gain of 26% in the...
Analysis Article • Aug 20

What CrowdWorks Inc.'s (TSE:3900) 29% Share Price Gain Is Not Telling You

CrowdWorks Inc. ( TSE:3900 ) shareholders have had their patience rewarded with a 29% share price jump in the last...
Analysis Article • May 24

CrowdWorks Inc.'s (TSE:3900) 28% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio

Unfortunately for some shareholders, the CrowdWorks Inc. ( TSE:3900 ) share price has dived 28% in the last thirty...
Analysis Article • May 10

CrowdWorks (TSE:3900) Is Doing The Right Things To Multiply Its Share Price

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • Mar 06

Earnings Not Telling The Story For CrowdWorks Inc. (TSE:3900) After Shares Rise 28%

Despite an already strong run, CrowdWorks Inc. ( TSE:3900 ) shares have been powering on, with a gain of 28% in the...

Earnings and Revenue Growth Forecasts

TSE:3900 - Analysts future estimates and past financials data (JPY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
9/30/202823,100720N/A7361
9/30/202722,600360N/A3761
9/30/202622,100N/AN/A-3461
3/31/202622,574-471459832N/A
12/31/202522,603-421N/AN/AN/A
9/30/202522,657-2571,7381,738N/A
6/30/202521,679734N/AN/AN/A
3/31/202520,1907361,5591,559N/A
12/31/202418,650869N/AN/AN/A
9/30/202417,1139101,6801,680N/A
6/30/202415,9301,205N/AN/AN/A
3/31/202415,1791,1941,6521,652N/A
12/31/202314,3101,160N/AN/AN/A
9/30/202313,2101,0961,3491,349N/A
6/30/202312,486799N/AN/AN/A
3/31/202311,630783955955N/A
12/31/202211,084737N/AN/AN/A
9/30/202210,5748021,1521,152N/A
6/30/20229,972835N/AN/AN/A
3/31/20229,3697891,2011,202N/A
12/31/20218,418745N/AN/AN/A
9/30/20217,769622855869N/A
6/30/20217,231509N/AN/AN/A
3/31/20217,336247315343N/A
12/31/20208,20451N/AN/AN/A
9/30/20208,728-53-33N/AN/A
6/30/20209,308-232N/AN/AN/A
3/31/20209,407-157291359N/A
12/31/20199,064-138N/AN/AN/A
9/30/20198,749-127N/A346N/A
6/30/20198,30517N/AN/AN/A
3/31/20197,646-64N/A-136N/A
12/31/20187,309-48N/AN/AN/A
9/30/20186,634-81N/A-542N/A
6/30/20185,301-169N/AN/AN/A
3/31/20184,053-161N/A-652N/A
12/31/20172,534-247N/AN/AN/A
9/30/20171,509-354N/A-504N/A
6/30/20171,378-523N/AN/AN/A
3/31/20171,292-643N/A-541N/A
12/31/20161,270-662N/AN/AN/A
9/30/20161,228-647N/A-365N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3900 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.8%).

Earnings vs Market: 3900 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 3900 is expected to become profitable in the next 3 years.

Revenue vs Market: 3900's revenue (2.6% per year) is forecast to grow slower than the JP market (6.5% per year).

High Growth Revenue: 3900's revenue (2.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 3900's Return on Equity is forecast to be low in 3 years time (12.9%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/02 16:22
End of Day Share Price 2026/07/02 00:00
Earnings2026/03/31
Annual Earnings2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

CrowdWorks Inc. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Satoshi TanakaDaiwa Securities Co. Ltd.
Hiroshi NayaIchiyoshi Research Institute Inc.
null nullStorm Research Limited