JII Compounders

Japanese equity research

LATEST COMPANY RESEARCH ·

NSD

9759 JP · TSE Prime · ¥2,946.5

Provides system development, IT infrastructure build-out and operations, and business software to banks, insurers, manufacturers, telecommunications companies, public-sector organizations, and other customers.

What to watch

In 1Q FY3/27, Financial IT revenue rose 14.7% YoY, driven by core-system replacement projects at major banks and the expansion of existing projects. Order backlog in the business also increased 23.6% YoY, and on September 28 the company raised its full-year revenue and operating profit guidance.

Read the NSD company research
Forward EV/EBITFY3/27 company guidance
9.6x
Return on capital (ROCE)FY3/26 actual
30.6%
Market cap
¥222.32bn
60-session ADTV
¥815mn / day
Net cash / market capEnd-June 2026 cash
13.3%

Market data: September 30, 2026

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