GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
U

ULS Group 3798.T · JPY

Information Technology · Tokyo Stock Exchange · 🇯🇵 Japan

Compare

486

-7.43%

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.

FY2026

Revenue

¥16.60bn

FY2017FY2026

Net income

¥2.03bn

FY2017FY2026

Free cash flow

¥1.60bn

FY2017FY2026

Shareholders' equity

¥12.23bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue¥16.60bn¥13.20bn¥10.38bn¥8.52bn¥7.37bn¥7.19bn¥6.39bn¥5.83bn¥5.09bn¥4.68bn
Gross profit¥6.61bn¥5.32bn¥3.86bn¥3.36bn¥2.93bn¥2.56bn¥2.28bn¥2.05bn¥1.75bn¥1.71bn
Research and development¥67.0m¥125.0m¥17.0m¥12.5m¥55.9m¥31.1m—¥8.0m——
Operating income¥3.05bn¥2.62bn¥1.76bn¥1.73bn¥1.61bn¥1.42bn¥1.33bn¥1.16bn¥888.8m¥842.6m
Net income¥2.03bn¥1.64bn¥1.13bn¥1.23bn¥998.6m¥892.0m¥738.4m¥697.7m¥555.7m¥539.7m
Diluted earnings per share34.9128.4719.0922.3118.0915.8813.1512.169.689.40

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets¥15.72bn¥13.60bn¥11.04bn¥9.59bn¥8.80bn¥8.02bn¥7.06bn¥6.60bn¥5.73bn¥5.09bn
Cash and short-term investments¥8.46bn¥7.14bn¥6.02bn¥5.60bn¥5.47bn¥5.16bn¥4.42bn¥3.87bn¥3.14bn¥2.33bn
Total liabilities¥3.15bn¥3.12bn¥2.19bn¥1.82bn¥1.60bn¥1.70bn¥1.38bn¥1.35bn¥1.09bn¥915.8m
Shareholders' equity¥12.23bn¥10.18bn¥8.60bn¥7.57bn¥7.02bn¥6.18bn¥5.55bn¥5.12bn¥4.53bn¥4.09bn
Shares outstanding58m57m59m55m55m56m56m57m57m57m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations¥1.99bn¥1.59bn¥756.0m¥837.2m¥568.4m¥1.06bn¥883.7m¥882.6m¥971.4m¥486.1m
Capital spending−¥390.0m−¥90.0m−¥64.0m−¥152.6m−¥60.1m−¥57.5m−¥8.8m−¥36.7m−¥23.5m−¥5.8m
Free cash flow¥1.60bn¥1.50bn¥692.0m¥684.7m¥508.3m¥1.01bn¥874.9m¥845.9m¥947.9m¥480.3m
Dividends paid−¥329.0m−¥247.0m−¥247.0m−¥201.8m−¥179.3m−¥147.1m−¥143.6m−¥115.0m−¥109.0m−¥92.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue¥4.30bn¥4.29bn¥4.42bn¥4.09bn¥3.80bn¥3.73bn¥3.32bn¥3.31bn
Gross profit¥1.91bn¥1.51bn¥1.92bn¥1.57bn¥1.60bn¥1.42bn¥1.35bn¥1.31bn
Operating income¥980.0m¥486.0m¥1.03bn¥639.0m¥895.0m¥409.0m¥763.0m¥728.0m
Net income¥609.0m¥403.0m¥658.0m¥383.0m¥583.0m¥244.0m¥490.0m¥433.0m
Diluted earnings per share10.496.9411.456.6610.144.258.277.31
Cash from operations———¥643.0m————
Capital spending———−¥286.0m————
Free cash flow———¥357.0m————
Total assets¥15.39bn¥15.72bn¥14.40bn¥13.86bn¥12.84bn¥13.60bn¥12.09bn¥11.69bn
Cash and short-term investments¥9.80bn¥8.46bn¥7.80bn¥7.34bn¥8.02bn¥7.14bn¥7.03bn¥6.92bn
Shareholders' equity¥12.49bn¥12.23bn¥11.77bn¥11.08bn¥10.47bn¥10.18bn¥9.80bn¥9.28bn

Financial ratios

Data as of 21 Sept 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2012FY2011
Gross margin39.8%40.3%37.2%39.5%39.8%35.5%—————
Operating margin18.4%19.9%16.9%20.3%21.8%19.7%—————
Net margin12.2%12.4%10.9%14.5%13.6%12.4%—————
Return on equity16.6%16.1%13.2%16.3%14.2%14.4%—————
Return on assets12.9%12.0%10.2%12.9%11.3%11.1%—————
Free cash flow yield7.3%5.2%2.4%3.2%2.0%3.5%—————
Revenue growth25.7%27.2%21.9%15.6%2.4%12.6%—————
Earnings growth23.9%44.7%-8.3%23.5%11.9%20.8%—————
Current ratio4.37x3.91x4.50x4.71x4.92x4.20x—————
Debt to equity———0.00x0.00x0.00x0.00x0.00x0.00x——
Equity ratio77.8%74.9%77.9%78.9%79.8%77.0%—————
Interest coverage———4.83x30888.94x118.54x5.82x——69341.67x10313.61x
R&D as a share of sales0.4%0.9%0.2%0.1%0.8%0.4%—————
Buybacks as a share of market value-1.0%3.0%-7.1%-0.2%1.7%-0.0%—————

Growth per year

Compound annual rate

3 years5 years10 years
Revenue24.9%18.2%13.1%
Operating income20.8%16.6%14.2%
Net income18.0%17.8%16.0%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin40.0%39.3%39.0%37.8%
Operating margin19.0%18.8%19.3%19.1%
Net margin12.3%12.4%12.5%12.1%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings15.624.027.719.418.931.827.623.919.317.7
Price to sales1.93.03.02.82.53.93.22.92.12.0

Dividends and splits

Per share, in the currency the company pays

Paid for 17 years. Last went ex-dividend on 30 Mar 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year13.304.504.503.602.302.602.502.00
  • 10-for-1 split · 29 Sept 2025
  • 100-for-1 split · 26 Sept 2013
  • 4-for-1 split · 27 Mar 2007

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.