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Japanese drone technology company providing industrial drone data, inspection and surveying services globally.
Japanese drone technology company providing industrial drone data, inspection and surveying services globally.
In one line: A drone-data/inspection services company with no direct US-listed peer.
Moat: narrow (process know-how, brand). Early-mover positioning in industrial drone data services across multiple countries, though the field is competitive.
Headquarters: Tokyo, Japan · Founded: 2016 · Employees: 551
Size Terra Drone (278A.T) is a Japan Information Technology company (Packaged Software) with a market value of $618M, the 968th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥19,530 on 6 Nov 2026.
Performance Over six months the shares gained 564.3%, against -13.0% for the median peer and +1.8% for the Japan market (cap-weighted) — highest of 20 in its peer set.
Growth Revenue grew 13.7% over the last twelve months (peer median +19.0%); the operating margin is -25.6% (peer median 2.1%).
Valuation It trades at 69.9× forward earnings against a peer median of 26.2× (3rd most expensive of 11).
Capital Return on invested capital runs 38.8 points below its cost of capital (5.0% WACC).
Next results Next results expected around 21 Dec 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥5.08B | ¥4.78B | ¥4.44B | ¥2.96B | ¥1.95B |
| Revenue growth | — | +8% | +50% | +52% | — |
| Gross profit | ¥2.34B | ¥1.80B | ¥1.96B | ¥1.54B | ¥1.21B |
| EBITDA | -¥732M | -¥597M | -¥297M | -¥52.7M | ¥234M |
| Net income | -¥2.78B | -¥2.50B | -¥475M | -¥354M | -¥1.11B |
| Free cash flow | n/a | -¥1.59B | -¥1.61B | -¥266M | ¥204M |
| Capital expenditure | n/a | ¥1.00B | ¥895M | ¥504M | ¥169M |
| Total debt | ¥56.0M | ¥218M | ¥770M | ¥1.14B | ¥1.10B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 278A.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +47.7% | -7.3% | highest of 21 |
| 6-month return | +564.3% | -13.0% | highest of 20 |
| Distance from 52-week high | -16.5% | -42.5% | highest of 21 |
| Revenue growth (TTM) | +13.7% | +19.0% | 9th lowest of 20 |
| Operating margin | -25.6% | 2.1% | 5th lowest of 20 |
| Forward P/E | 69.9× | 26.2× | 3rd most expensive of 11 |
| ROIC minus cost of capital | -38.8 pp | -8.9 pp | 4th lowest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Terra Drone 278A.T | Japan | $618M | +564% | +14% | -26% | 69.9× | n/a | n/a |
| Beijing ZZNode Technologies 003007.SZ | China | $617M | -23% | +64% | 20% | n/a | n/a | n/a |
| Horizon Quantum HQ | United States | $617M | +14% | n/a | n/a | n/a | n/a | n/a |
| Red Cat RCAT | United States | $617M | -61% | +693% | -150% | n/a | n/a | n/a |
| RaySearch Laboratories RAY-B.ST | Sweden | $618M | +1% | +3% | 19% | 27.7× | 7.3% | +15.6% |
| Zhejiang TOP Cloud-agri Technology 301556.SZ | China | $620M | -34% | -14% | 13% | 40.4× | 30.7% | +14.0% |
| Fuchun Technology 300299.SZ | China | $623M | -2% | +3% | 2% | n/a | 54.9% | -4.8% |
| TXT e-solutions TXT.MI | Italy | $610M | +29% | +22% | 6% | 16.5× | 10.3% | +41.8% |
| Hangzhou Arcvideo Technology 688039.SS | China | $609M | -13% | +1% | -48% | n/a | n/a | n/a |
| Sophia Genetics SOPH | United States | $608M | +39% | +24% | -80% | n/a | n/a | n/a |
| Shanghai Amarsoft Information & Technology 300380.SZ | China | $628M | -30% | -2% | 4% | n/a | n/a | n/a |
| JST 6687.HK | Hong Kong | $603M | -28% | +26% | 11% | 14.5× | -11.9% | +30.3% |
| PKSHA Technology 3993.T | Japan | $602M | -8% | +74% | 16% | 28.2× | 16.6% | +24.1% |
| Sichuan Discovery Dream Science & Technology 301213.SZ | China | $633M | -26% | +34% | 2% | n/a | n/a | n/a |
| Cognyte Software CGNT | United States | $597M | -27% | +28% | 5% | 12.7× | 22.2% | -2.0% |
| Mingchen Health 002919.SZ | China | $640M | -33% | +19% | -5% | n/a | 27.2% | +17.5% |
| Gresgying Digital Energy Technology 600212.SS | China | $594M | -34% | -8% | -6% | 12.5× | 23.5% | +38.2% |
| UISEE Technologies (Beijing) 1511.HK | Hong Kong | $593M | n/a | +24% | -71% | n/a | n/a | n/a |
| Shenzhen Sinovatio Technology 002912.SZ | China | $592M | -2% | +7% | -10% | 24.7× | n/a | n/a |
| DBAPPSecurity 688023.SS | China | $646M | -6% | +2% | -5% | 115.5× | 5.6% | +10.3% |
| Sansec Technology 688489.SS | China | $590M | -13% | +18% | -7% | 112.0× | n/a | n/a |