Rakus Co., Ltd.

TSE:3923 Stock Report

Market Cap: JP¥317.3b

Rakus Past Earnings Performance

Past criteria checks 6/6

Rakus has been growing earnings at an average annual rate of 44.4%, while the Software industry saw earnings growing at 12% annually. Revenues have been growing at an average rate of 27.3% per year. Rakus's return on equity is 43.2%, and it has net margins of 20.8%.

Key information

44.41%

Earnings growth rate

44.45%

EPS growth rate

Software Industry Growth12.13%
Revenue growth rate27.31%
Return on equity43.20%
Net Margin20.83%
Next Earnings Update14 May 2026

Recent past performance updates

Analysis Article Nov 21

Additional Considerations Required While Assessing Rakus' (TSE:3923) Strong Earnings

Rakus Co., Ltd. ( TSE:3923 ) announced strong profits, but the stock was stagnant. Our analysis suggests that...

Recent updates

Analysis Article Feb 17

Rakus Co., Ltd. Just Recorded A 7.1% EPS Beat: Here's What Analysts Are Forecasting Next

It's been a good week for Rakus Co., Ltd. ( TSE:3923 ) shareholders, because the company has just released its latest...
Analysis Article Feb 04

Why We're Not Concerned Yet About Rakus Co., Ltd.'s (TSE:3923) 29% Share Price Plunge

To the annoyance of some shareholders, Rakus Co., Ltd. ( TSE:3923 ) shares are down a considerable 29% in the last...
Analysis Article Dec 12

Is There An Opportunity With Rakus Co., Ltd.'s (TSE:3923) 33% Undervaluation?

Key Insights Rakus' estimated fair value is JP¥1,577 based on 2 Stage Free Cash Flow to Equity Current share price of...
Analysis Article Nov 21

Additional Considerations Required While Assessing Rakus' (TSE:3923) Strong Earnings

Rakus Co., Ltd. ( TSE:3923 ) announced strong profits, but the stock was stagnant. Our analysis suggests that...
Analysis Article Nov 18

Rakus Co., Ltd. (TSE:3923) Half-Yearly Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Rakus Co., Ltd. ( TSE:3923 ) came out with its half-yearly results last week, and we wanted to see how the business is...
Analysis Article Aug 15

Rakus Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

TSE:3923 1 Year Share Price vs Fair Value Explore Rakus's Fair Values from the Community and select yours Investors in...
Analysis Article Jul 12

Here's Why We Think Rakus (TSE:3923) Is Well Worth Watching

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Jun 01

Is Rakus Co., Ltd. (TSE:3923) Potentially Undervalued?

Rakus Co., Ltd. ( TSE:3923 ), might not be a large cap stock, but it received a lot of attention from a substantial...
Analysis Article May 07

Market Participants Recognise Rakus Co., Ltd.'s (TSE:3923) Earnings Pushing Shares 25% Higher

Rakus Co., Ltd. ( TSE:3923 ) shareholders would be excited to see that the share price has had a great month, posting a...
Analysis Article Apr 03

Do Rakus' (TSE:3923) Earnings Warrant Your Attention?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Mar 05

These 4 Measures Indicate That Rakus (TSE:3923) 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 Feb 17

Rakus Co., Ltd. Just Beat EPS By 18%: Here's What Analysts Think Will Happen Next

Investors in Rakus Co., Ltd. ( TSE:3923 ) had a good week, as its shares rose 7.1% to close at JP¥2,112 following the...
Analysis Article Feb 06

Estimating The Fair Value Of Rakus Co., Ltd. (TSE:3923)

Key Insights The projected fair value for Rakus is JP¥2,046 based on 2 Stage Free Cash Flow to Equity Rakus' JP¥1,982...
Analysis Article Dec 04

Is Now An Opportune Moment To Examine Rakus Co., Ltd. (TSE:3923)?

Rakus Co., Ltd. ( TSE:3923 ), is not the largest company out there, but it received a lot of attention from a...
Analysis Article Nov 16

JP¥2,789 - That's What Analysts Think Rakus Co., Ltd. (TSE:3923) Is Worth After These Results

Investors in Rakus Co., Ltd. ( TSE:3923 ) had a good week, as its shares rose 4.5% to close at JP¥2,162 following the...
Analysis Article Nov 11

Why The 45% Return On Capital At Rakus (TSE:3923) Should Have Your Attention

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Oct 27

Is Rakus (TSE:3923) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Sep 29

Calculating The Intrinsic Value Of Rakus Co., Ltd. (TSE:3923)

Key Insights The projected fair value for Rakus is JP¥2,015 based on 2 Stage Free Cash Flow to Equity With JP¥2,312...
Analysis Article Sep 01

Market Participants Recognise Rakus Co., Ltd.'s (TSE:3923) Earnings Pushing Shares 35% Higher

The Rakus Co., Ltd. ( TSE:3923 ) share price has done very well over the last month, posting an excellent gain of 35...
Analysis Article Aug 17

Results: Rakus Co., Ltd. Exceeded Expectations And The Consensus Has Updated Its Estimates

It's been a pretty great week for Rakus Co., Ltd. ( TSE:3923 ) shareholders, with its shares surging 17% to JP¥2,163 in...
Analysis Article Aug 01

Is Rakus Co., Ltd. (TSE:3923) Potentially Undervalued?

Rakus Co., Ltd. ( TSE:3923 ), might not be a large cap stock, but it received a lot of attention from a substantial...
Analysis Article Jul 17

Rakus (TSE:3923) Seems To Use Debt Rather Sparingly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Jun 28

Results: Rakus Co., Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts

It's been a good week for Rakus Co., Ltd. ( TSE:3923 ) shareholders, because the company has just released its latest...
Analysis Article Jun 16

Does This Valuation Of Rakus Co., Ltd. (TSE:3923) Imply Investors Are Overpaying?

Key Insights Rakus' estimated fair value is JP¥1,450 based on 2 Stage Free Cash Flow to Equity Rakus' JP¥1,850 share...
Analysis Article Apr 21

Here's What Rakus' (TSE:3923) Strong Returns On Capital Mean

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Apr 08

With Rakus Co., Ltd. (TSE:3923) It Looks Like You'll Get What You Pay For

When you see that almost half of the companies in the Software industry in Japan have price-to-sales ratios (or "P/S...
Analysis Article Mar 26

We Think Rakus (TSE:3923) Can Manage Its Debt With Ease

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Feb 29

Why Rakus Co., Ltd. (TSE:3923) Could Be Worth Watching

While Rakus Co., Ltd. ( TSE:3923 ) might not have the largest market cap around , it saw a decent share price growth of...

Revenue & Expenses Breakdown

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


Earnings and Revenue History

TSE:3923 Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2557,65212,00928,16155
30 Sep 2554,68310,68427,65255
30 Jun 2551,7669,46927,02655
31 Mar 2548,9048,00326,06255
31 Dec 2446,1167,30124,49175
30 Sep 2443,7486,60723,61175
30 Jun 2441,3395,55123,13075
31 Mar 2438,4084,18521,96875
31 Dec 2335,4223,06920,95914
30 Sep 2332,3252,05919,83514
30 Jun 2329,5221,79718,00814
31 Mar 2327,3991,27417,12314
31 Dec 2225,60897315,96053
30 Sep 2223,89291414,83553
30 Jun 2222,18191413,65953
31 Mar 2220,6291,07812,39953
31 Dec 2119,1771,69110,69237
30 Sep 2117,7862,2249,01937
30 Jun 2116,5412,6667,67337
31 Mar 2115,3872,9366,42237
31 Dec 2014,2492,2576,39630
30 Sep 2013,2911,6656,53930
30 Jun 2012,4771,0806,64030
31 Mar 2011,6087996,45730
31 Dec 1910,8227755,96221
30 Sep 1910,0601,0085,13621
30 Jun 199,3471,0554,63021
31 Mar 198,7431,0184,26421
31 Dec 188,1901,0883,7960
30 Sep 187,5689973,5180
30 Jun 186,9799733,1430
31 Mar 186,4088742,8820
31 Dec 175,8948462,6260
30 Sep 175,5097732,4600
30 Jun 175,1997332,3010
31 Mar 174,9327312,1360
31 Dec 164,6866142,0400
30 Sep 164,4715501,9380
30 Jun 164,2545961,6960
31 Mar 164,0775261,6520

Quality Earnings: 3923 has high quality earnings.

Growing Profit Margin: 3923's current net profit margins (20.8%) are higher than last year (15.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 3923's earnings have grown significantly by 44.4% per year over the past 5 years.

Accelerating Growth: 3923's earnings growth over the past year (64.5%) exceeds its 5-year average (44.4% per year).

Earnings vs Industry: 3923 earnings growth over the past year (64.5%) exceeded the Software industry 18.8%.


Return on Equity

High ROE: 3923's Return on Equity (43.2%) is considered outstanding.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/08 05:51
End of Day Share Price 2026/05/08 00:00
Earnings2025/12/31
Annual Earnings2025/03/31

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

Rakus Co., Ltd. is covered by 18 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yuki KanekoBofA Global Research
Robert G. PurcellCLSA
Hideo NodaCLSA