Research Coverage of Japanese Listed Companies, Shared Research Inc

Shared Research

Research Coverage of Japanese Listed Companies

Shared Research Inc

Pioneering research coverage of Japanese listed companies. Now customizable and interactive for global institutional investors. Corporate access reimagined.

Equity Bottom-Up

<ul><li>Revenue grew 8.5% YoY to JPY39.4bn, driven by demand for IT investment and cybersecurity services.</li><li>ID Holdings' FY03/26 results exceeded forecasts, with net income at 116.3% of the full-year target.</li><li>For FY03/27, the company forecasts revenue of JPY42.0bn and operating profit of JPY4.5bn, reflecting strategic progress.</li></ul>

Revenue grew 8.5% YoY to JPY39.4bn, driven by demand for IT investment and cybersecurity services.ID Holdings' FY03/26 results exceeded forecasts, with net income at 116.3% of the full-year target.For FY03/27, the company forecasts revenue of JPY42.0bn and operating profit of JPY4.5bn, reflecting strategic progress.

ID Holdings  (4709 JP): Full-year FY03/26 flash update

<ul><li>Revenue increased 9.7% YoY to JPY29.2bn, driven by robust IT investment demand and cybersecurity services growth. </li><li>ID Holdings' three-year plan, Next 50 Episode III: JUMP!!!, focuses on high-profit model shift and cultural transformation. </li><li>Strategic themes include service portfolio strategy, customer contact points, human capital investment, M&A, and global strategy.</li></ul>

Revenue increased 9.7% YoY to JPY29.2bn, driven by robust IT investment demand and cybersecurity services growth. ID Holdings' three-year plan, Next 50 Episode III: JUMP!!!, focuses on high-profit model shift and cultural transformation. Strategic themes include service portfolio strategy, customer contact points, human capital investment, M&A, and global strategy.

ID Holdings  (4709 JP): Q3 FY03/26 flash update

Japan Experts, Extraordinary Performance, Astris Advisory Japan

Astris Advisory Japan

Japan Experts, Extraordinary Performance

Our Corporate Advisory service is designed to give clients access to a wider range of investors. These include Japan specialists as well as global investors. The goal is to help achieve a fair equity valuation.

<ul>
<li>OP growth re-acceleration – ID Holdings is executing its growth strategy and generating positive returns, with Q1-3 FY3/25 results showing OP growth re-accelerating 30.3% YoY.</li>
<li>Performance has been robust across all business segments, and there has been definitively high growth in IT Infrastructure and Cybersecurity, Consulting, and Training, with the underlying theme being high demand for the company’s DX transformation services.</li>
<li>The market environment remains robust, and the company continues to allocate capital to strengthen IT security services with the 21.39% acquisition of Broadband Security (4398) in January 2025, which we view as a positive driver for future growth.</li>
</ul>


OP growth re-acceleration – ID Holdings is executing its growth strategy and generating positive returns, with Q1-3 FY3/25 results showing OP growth re-accelerating 30.3% YoY.
Performance has been robust across all business segments, and there has been definitively high growth in IT Infrastructure and Cybersecurity, Consulting, and Training, with the underlying theme being high demand for the company’s DX transformation services.
The market environment remains robust, and the company continues to allocate capital to strengthen IT security services with the 21.39% acquisition of Broadband Security (4398) in January 2025, which we view as a positive driver for future growth.


ID Holdings (4709 JP) - All-Round Positive Performance

<ul><li>Regained momentum points to further upside –Q1-2FY3/25 results were a positive surprise with OP growth of 22.2% YoY, a stark contrast to the negative growth profile seen in Q1.</li><li>Management is executing its strategy to improve profitability despite rising staff- related and outsourcing costs by investing resources in advanced services and IT infrastructure, as well as raising prices demonstrating pricing power.</li><li>The company has upwardly revised FY3/25 guidance, reflecting an expected improvement in the sales mix driving earnings. </li></ul>

Regained momentum points to further upside –Q1-2FY3/25 results were a positive surprise with OP growth of 22.2% YoY, a stark contrast to the negative growth profile seen in Q1.Management is executing its strategy to improve profitability despite rising staff- related and outsourcing costs by investing resources in advanced services and IT infrastructure, as well as raising prices demonstrating pricing power.The company has upwardly revised FY3/25 guidance, reflecting an expected improvement in the sales mix driving earnings. 

ID Holdings (4709) - Strong Results and FY Upward Revision

IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

IPOs and Catalysts/Events

Uncompromised, Independent, Conflict-Free Research

Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/jastec-co-ltd" target="_blank" data-smartkarma-citation="entities:9201:1" rel="noopener">Jastec Co Ltd (9717 JP)</a> has recommended a tender offer from <a href="https://www.smartkarma.com/entities/ntt-data-corp" target="_blank" data-smartkarma-citation="entities:11232:1" rel="noopener">NTT Data Corp (9613 JP)</a> at JPY1,940 per share, a 37.6% premium to the undisturbed price (5 April). </li>
<li>The transaction is a two-step acquisition through a cash tender offer and subsequent squeeze-out. The lower limit of the tender offer is set at a 66.67% ownership ratio.</li>
<li>Based on the irrevocables, the minimum acceptance condition requires a 56.4% minority acceptance rate. The acceptance condition is achievable as the offer represents a 22-year high.</li>
</ul>



Jastec Co Ltd (9717 JP) has recommended a tender offer from NTT Data Corp (9613 JP) at JPY1,940 per share, a 37.6% premium to the undisturbed price (5 April). 
The transaction is a two-step acquisition through a cash tender offer and subsequent squeeze-out. The lower limit of the tender offer is set at a 66.67% ownership ratio.
Based on the irrevocables, the minimum acceptance condition requires a 56.4% minority acceptance rate. The acceptance condition is achievable as the offer represents a 22-year high.


Jastec (9717 JP): NTT Data (9613 JP)’s Tender Offer at JPY1,940

Japan

ID Holdings Corporation operates as an independent data processing company. The Company provides services including system integration, data entry, software development, network security systems development, and other services. ID Holdings offers its services to customers in security, cloud data, system administration management, and other fields.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

ID Holdings (4709 JP)