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I

Inclusive Holdings 7078.T · JPY

Information Technology · Tokyo Stock Exchange · 🇯🇵 Japan

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258

+6.61%

Close of 9 Nov 2026, in JPY

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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

¥4.57bn

FY2018FY2026

Net income

−¥173.6m

FY2018FY2026

Free cash flow

−¥250.7m

FY2018FY2026

Shareholders' equity

¥1.62bn

FY2018FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Revenue¥4.57bn¥4.90bn¥5.36bn¥4.80bn¥1.74bn¥1.38bn¥1.50bn¥1.67bn¥1.01bn
Gross profit¥1.72bn¥1.89bn¥2.22bn¥1.92bn¥816.8m¥681.4m¥824.8m¥826.4m¥439.2m
Research and development—————¥11.6m——¥3.4m
Operating income−¥413.8m−¥367.6m¥390.3m−¥801.2m−¥87.7m¥31.8m¥266.8m¥307.8m−¥20.8m
Net income−¥173.6m−¥1.07bn¥313.6m−¥871.2m−¥115.9m¥22.8m¥167.2m¥154.1m−¥35.9m
Diluted earnings per share-17.27-106.8231.25-86.24-11.672.9022.9221.80-3.57

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Total assets¥3.37bn¥3.76bn¥5.30bn¥5.51bn¥3.22bn¥2.35bn¥1.59bn¥930.6m¥686.7m
Cash and short-term investments¥1.98bn¥2.15bn¥2.21bn¥1.78bn¥1.25bn¥1.65bn¥1.19bn¥505.9m¥264.4m
Total liabilities¥1.54bn¥1.63bn¥1.90bn¥2.44bn¥1.27bn¥845.8m¥313.1m¥334.2m¥244.4m
Debt¥617.7m¥694.9m¥780.4m¥999.5m¥614.6m¥638.8m¥49.0m¥71.1m¥89.7m
Shareholders' equity¥1.62bn¥1.78bn¥2.83bn¥2.46bn¥1.88bn¥1.50bn¥1.28bn¥596.5m¥442.3m
Shares outstanding10m10m10m10m10m8m7m7m10m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Cash from operations−¥214.7m−¥102.3m¥88.3m¥48.4m¥113.9m−¥27.1m¥218.2m¥281.2m−¥43.3m
Capital spending−¥36.0m−¥34.2m−¥33.7m−¥21.3m−¥2.6m−¥29.8m−¥5.8m−¥9.5m−¥1.4m
Free cash flow−¥250.7m−¥136.5m¥54.6m¥27.2m¥111.2m−¥56.9m¥212.4m¥271.7m−¥44.7m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue¥1.01bn¥1.69bn¥923.5m¥915.7m¥1.04bn¥1.62bn¥1.03bn¥1.09bn
Gross profit¥369.0m¥805.0m¥277.2m¥295.8m¥344.1m¥682.8m¥395.6m¥379.0m
Operating income−¥121.1m¥177.6m−¥215.6m−¥188.5m−¥188.1m¥65.3m−¥157.7m−¥152.2m
Net income−¥69.7m¥69.3m−¥1.4m−¥99.5m−¥142.1m−¥964.0m−¥89.3m¥9.0m
Diluted earnings per share-6.936.89-0.14-9.89-14.14-95.89-8.900.90
Total assets¥3.30bn¥3.37bn¥3.33bn¥3.27bn¥3.49bn¥3.76bn¥5.08bn¥5.11bn
Cash and short-term investments¥1.82bn¥1.98bn¥1.81bn¥1.94bn¥1.96bn¥2.15bn¥2.01bn¥2.21bn
Debt¥251.8m¥643.5m¥242.3m¥646.6m¥248.9m¥694.9m¥271.4m¥704.4m
Shareholders' equity¥1.55bn¥1.62bn¥1.53bn¥1.54bn¥1.64bn¥1.78bn¥2.73bn¥2.82bn

Financial ratios

Data as of 19 Oct 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2018
Gross margin37.7%38.6%41.5%39.9%46.8%49.5%—
Operating margin-9.1%-7.5%-1.8%-7.4%-2.6%2.3%—
Net margin-3.8%-21.9%5.9%-18.1%-6.6%1.7%—
Return on equity-10.7%-60.4%11.1%-35.4%-6.2%1.5%—
Return on assets-5.1%-28.5%5.9%-15.8%-3.6%1.0%—
Free cash flow yield-5.6%-2.1%3.8%2.2%3.7%0.1%—
Revenue growth-6.7%-8.6%11.5%175.5%26.7%-8.5%—
Earnings growth-83.8%-442.5%-136.0%651.7%-607.7%-86.3%—
Current ratio2.83x3.01x3.02x2.15x2.07x3.89x—
Debt to equity0.40x0.39x0.28x0.41x0.33x0.43x—
Equity ratio47.9%47.2%53.3%44.6%58.5%63.9%—
Interest coverage-59.43x-52.48x-12.35x-48.98x-12.73x14.62x—
R&D as a share of sales—————0.8%0.3%
Buybacks as a share of market value0.0%-0.2%0.7%-1.7%-26.1%-7.9%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-1.7%27.1%—
Operating income-19.8%——
Net income-41.6%——

Average margins

Over each period

1 year3 years5 years10 years
Gross margin38.2%39.5%40.7%—

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Price to earnings-14.9-3.314.7-11.3-84.9412.513.146.0
Price to sales0.60.70.92.05.66.81.44.3

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years.

  • 3-for-1 split · 9 Apr 2021

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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