E 
Encourage Technologies Co 3682.T · JPY
Information Technology · Tokyo Stock Exchange · 🇯🇵 Japan
615
+4.06%
Close of 9 Nov 2026, in JPY
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in JPY, from our data supplier.
Revenue
¥2.58bn
FY2017FY2026
Net income
¥212.8m
FY2017FY2026
Free cash flow
¥730.2m
FY2017FY2026
Shareholders' equity
¥3.57bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥2.58bn | ¥2.50bn | ¥2.50bn | ¥2.12bn | ¥2.07bn | ¥1.80bn | ¥1.89bn | ¥2.27bn | ¥1.90bn | ¥1.87bn |
| Research and development | — | ¥89.4m | ¥38.8m | ¥383.6m | ¥154.2m | ¥290.0m | ¥214.9m | ¥127.1m | ¥68.7m | ¥45.3m |
| Operating income | ¥303.0m | ¥298.0m | ¥319.0m | ¥243.5m | ¥348.5m | ¥163.9m | ¥179.8m | ¥564.5m | ¥408.4m | ¥471.6m |
| Net income | ¥212.8m | ¥220.2m | ¥218.9m | ¥174.8m | ¥248.6m | ¥138.7m | ¥113.9m | ¥407.5m | ¥290.7m | ¥336.8m |
| Diluted earnings per share | 31.94 | 33.06 | 32.86 | 26.24 | 37.32 | 20.82 | 17.11 | 59.32 | 42.31 | 49.05 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥4.98bn | ¥4.67bn | ¥4.89bn | ¥4.21bn | ¥4.44bn | ¥3.92bn | ¥3.88bn | ¥4.21bn | ¥3.70bn | ¥3.45bn |
| Cash and short-term investments | ¥4.05bn | ¥3.71bn | ¥3.76bn | ¥3.39bn | ¥3.74bn | ¥3.28bn | ¥3.02bn | ¥3.52bn | ¥3.08bn | ¥2.84bn |
| Total liabilities | ¥1.41bn | ¥1.16bn | ¥1.47bn | ¥866.1m | ¥1.15bn | ¥745.9m | ¥634.5m | ¥852.6m | ¥660.0m | ¥570.8m |
| Debt | — | — | ¥224.7m | ¥619.8m | ¥634.7m | — | — | — | — | — |
| Shareholders' equity | ¥3.57bn | ¥3.51bn | ¥3.43bn | ¥3.34bn | ¥3.29bn | ¥3.17bn | ¥3.25bn | ¥3.36bn | ¥3.04bn | ¥2.88bn |
| Shares outstanding | 7m | 7m | 7m | 7m | 7m | 7m | 7m | 7m | 7m | 7m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥751.7m | ¥345.9m | ¥862.6m | ¥3.9m | ¥741.1m | ¥436.9m | ¥64.1m | ¥756.9m | ¥683.4m | ¥445.6m |
| Capital spending | −¥21.6m | −¥33.0m | −¥359.6m | −¥220.4m | −¥174.1m | −¥18.6m | −¥44.1m | −¥24.6m | −¥20.2m | −¥18.1m |
| Free cash flow | ¥730.2m | ¥313.0m | ¥503.1m | −¥216.5m | ¥567.1m | ¥418.4m | ¥20.0m | ¥732.4m | ¥663.3m | ¥427.5m |
| Dividends paid | −¥167.9m | −¥134.3m | −¥134.3m | −¥120.9m | −¥120.9m | −¥123.4m | −¥124.6m | −¥86.5m | −¥86.5m | −¥86.6m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥607.6m | ¥644.4m | ¥652.9m | ¥654.6m | ¥632.8m | ¥645.6m | ¥633.0m | ¥655.6m |
| Operating income | ¥15.2m | ¥76.5m | ¥88.5m | ¥111.4m | ¥26.6m | ¥100.8m | ¥95.1m | ¥75.5m |
| Net income | ¥10.1m | ¥54.1m | ¥62.0m | ¥79.3m | ¥17.4m | ¥83.3m | ¥67.3m | ¥51.5m |
| Diluted earnings per share | 1.51 | 8.12 | 9.31 | 11.90 | 2.62 | 12.51 | 10.11 | 7.73 |
| Total assets | ¥5.09bn | ¥4.98bn | ¥5.00bn | ¥4.83bn | ¥4.90bn | ¥4.67bn | ¥4.65bn | ¥4.59bn |
| Cash and short-term investments | ¥4.26bn | ¥4.05bn | ¥4.03bn | ¥3.91bn | ¥4.09bn | ¥3.71bn | ¥3.81bn | ¥3.70bn |
| Shareholders' equity | ¥3.40bn | ¥3.57bn | ¥3.52bn | ¥3.45bn | ¥3.37bn | ¥3.51bn | ¥3.43bn | ¥3.36bn |
Financial ratios
Data as of 18 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating margin | 12.2% | 12.1% | 12.9% | 11.3% | 16.9% | 9.1% | — | — | — |
| Net margin | 8.2% | 8.8% | 8.8% | 8.2% | 12.0% | 7.7% | — | — | — |
| Return on equity | 6.0% | 6.3% | 6.4% | 5.2% | 7.5% | 4.4% | — | — | — |
| Return on assets | 4.3% | 4.7% | 4.5% | 4.2% | 5.6% | 3.5% | — | — | — |
| Free cash flow yield | 16.3% | 7.5% | 18.7% | 0.1% | 16.0% | 9.5% | — | — | — |
| Revenue growth | 3.3% | 0.1% | 17.8% | 2.5% | 14.8% | -4.5% | — | — | — |
| Earnings growth | -3.4% | 0.6% | 25.2% | -29.7% | 79.3% | 21.7% | — | — | — |
| Current ratio | 3.21x | 3.65x | 2.96x | 4.38x | 3.54x | 5.08x | — | — | — |
| Debt to equity | — | — | 0.07x | 0.19x | 0.19x | 0.00x | 0.00x | 0.00x | — |
| Equity ratio | 71.7% | 75.2% | 70.0% | 79.4% | 74.1% | 81.0% | — | — | — |
| Interest coverage | — | — | — | 25.86x | 3541.47x | 23.56x | 4.58x | 644.40x | 40.91x |
| R&D as a share of sales | — | 3.6% | 1.6% | 18.1% | 7.5% | 16.1% | 11.4% | — | — |
| Buybacks as a share of market value | 0.0% | -0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 6.8% | 7.5% | 4.8% |
| Operating income | 7.6% | 13.1% | -6.8% |
| Net income | 6.8% | 8.9% | -6.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 11.8% | 12.0% | 12.3% | 16.9% |
| Net margin | 8.5% | 8.5% | 8.9% | 12.1% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 19.7 | 20.5 | 18.1 | 21.3 | 13.3 | 29.1 | 45.9 | 15.6 | 31.3 | 19.6 |
| Price to sales | 1.6 | 1.8 | 1.6 | 1.8 | 1.6 | 2.2 | 2.8 | 2.8 | 4.8 | 3.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 12 years. Last went ex-dividend on 30 Mar 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 51.00 | 20.00 | 18.00 | 18.00 | 18.00 | 18.00 | 14.00 | 12.50 |
- 2-for-1 split · 28 Mar 2018
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.