Billing System Corporation

TSE:3623 Stock Report

Market Cap: JP¥6.6b

Billing System Past Earnings Performance

Past criteria checks 5/6

Billing System has been growing earnings at an average annual rate of 16.6%, while the Diversified Financial industry saw earnings growing at 15.8% annually. Revenues have been growing at an average rate of 9.6% per year. Billing System's return on equity is 16.4%, and it has net margins of 10.3%.

Key information

16.61%

Earnings growth rate

16.84%

EPS growth rate

Diversified Financial Industry Growth10.23%
Revenue growth rate9.56%
Return on equity16.36%
Net Margin10.34%
Next Earnings Update13 Aug 2026

Recent past performance updates

Recent updates

Analysis Article Sep 13

Billing System Corporation's (TSE:3623) P/E Is Still On The Mark Following 37% Share Price Bounce

Billing System Corporation ( TSE:3623 ) shares have continued their recent momentum with a 37% gain in the last month...
Analysis Article Jul 17

Billing System Corporation (TSE:3623) Looks Just Right With A 28% Price Jump

Despite an already strong run, Billing System Corporation ( TSE:3623 ) shares have been powering on, with a gain of 28...

Revenue & Expenses Breakdown

How Billing System makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSE:3623 Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 264,8465011,0490
31 Dec 254,5464089730
30 Sep 254,4383909480
30 Jun 254,3493829320
31 Mar 254,2944009160
31 Dec 244,2184069070
30 Sep 244,1484328880
30 Jun 244,0384108590
31 Mar 243,9243309190
31 Dec 233,7823009020
30 Sep 233,8242678830
30 Jun 233,6622588610
31 Mar 233,4912977510
31 Dec 223,4343237240
30 Sep 223,1652887030
30 Jun 223,1312516980
31 Mar 223,1612476970
31 Dec 213,1432246840
30 Sep 213,1422046740
30 Jun 213,1162146620
31 Mar 212,9981776410
31 Dec 202,8871426330
30 Sep 202,707426240
30 Jun 202,57586200
31 Mar 202,43026110
31 Dec 192,290-246030
30 Sep 192,386346100
30 Jun 192,374566020
31 Mar 192,4861045890
31 Dec 182,6381725690
30 Sep 182,4201815380
30 Jun 182,6582045430
31 Mar 182,4511725200
31 Dec 172,2331275030
30 Sep 172,1921404860
30 Jun 171,8461204460
31 Mar 171,8531334340
31 Dec 161,865-554270
30 Sep 161,797-424100
30 Jun 161,696-353840
31 Mar 161,570-633680
31 Dec 151,4841433470
30 Sep 151,4571353330

Quality Earnings: 3623 has high quality earnings.

Growing Profit Margin: 3623's current net profit margins (10.3%) are higher than last year (9.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 3623's earnings have grown by 16.6% per year over the past 5 years.

Accelerating Growth: 3623's earnings growth over the past year (25.3%) exceeds its 5-year average (16.6% per year).

Earnings vs Industry: 3623 earnings growth over the past year (25.3%) exceeded the Diversified Financial industry 17.9%.


Return on Equity

High ROE: 3623's Return on Equity (16.4%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/08 22:08
End of Day Share Price 2026/08/07 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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

Billing System Corporation is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Keisuke MoriyamaMacquarie Research
Hisaki HatoriMizuho Securities Co., Ltd.