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Employees: 1,604
Size JBCC (9889.T) is a Japan Information Technology company (Computer Processing Hardware) with a market value of $852M, the 817th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,931 on 6 Nov 2026.
Performance Over six months the shares gained 60.6%, against -18.8% for the median peer and +1.8% for the Japan market (cap-weighted) — 3rd highest of 18 in its peer set.
Growth Revenue grew 8.9% over the last twelve months (peer median +9.2%); the operating margin is 10.4% (peer median 6.3%).
Valuation It trades at 18.6× forward earnings against a peer median of 17.9× (5th most expensive of 10).
Price implies For today's price to make sense, revenue must grow about -5% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is -10 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 60.0 points above its cost of capital (5.0% WACC).
Next results Next results expected around 29 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥77.9B | ¥76.0B | ¥69.9B | ¥65.2B | ¥58.1B |
| Revenue growth | — | +9% | +7% | +12% | — |
| Gross profit | ¥25.2B | ¥24.2B | ¥21.0B | ¥19.4B | ¥18.0B |
| EBITDA | ¥8.65B | ¥7.90B | ¥6.52B | ¥4.85B | ¥4.25B |
| Net income | ¥5.68B | ¥5.35B | ¥4.60B | ¥3.19B | ¥2.68B |
| Free cash flow | n/a | ¥6.01B | ¥6.61B | ¥1.22B | ¥235M |
| Capital expenditure | n/a | ¥238M | ¥141M | ¥104M | ¥781M |
| Total debt | ¥1.53B | ¥2.02B | ¥2.69B | ¥102M | ¥213M |
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 | 9889.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +11.6% | -8.2% | 3rd highest of 21 |
| 6-month return | +60.6% | -18.8% | 3rd highest of 18 |
| Distance from 52-week high | -19.1% | -45.6% | 4th highest of 21 |
| Revenue growth (TTM) | +8.9% | +9.2% | 9th lowest of 18 |
| Operating margin | 10.4% | 6.3% | 8th highest of 20 |
| Forward P/E | 18.6× | 17.9× | 5th most expensive of 10 |
| Growth the price implies (Req g, 7 yrs) | -4.7% | 4.6% | 3rd least demanding of 11 |
| Growth delivered (Del g) | +4.8% | +5.4% | 5th lowest of 11 |
| Hurdle (Req g minus delivered) | -9.5 pp | -2.9 pp | 5th least demanding of 11 |
| ROIC minus cost of capital | +60.0 pp | -1.8 pp | highest of 21 |
| EV / EBITDA | 13.6× | 18.7× | 4th cheapest of 9 |
| Net debt / EBITDA | -2.0× | 1.0× | least indebted of 10 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| JBCC 9889.T | Japan | $852M | +61% | +9% | 10% | 18.6× | -4.7% | +4.8% |
| Zkteco 301330.SZ | China | $876M | -19% | +24% | 11% | n/a | 7.2% | +3.4% |
| Jess-Link Products 6197.TW | Taiwan | $814M | -10% | +21% | 22% | 15.7× | 6.1% | +16.2% |
| Emdoor Information 001314.SZ | China | $791M | -26% | +74% | 3% | 17.5× | n/a | n/a |
| Toukei Computer 4746.T | Japan | $790M | +74% | +5% | 29% | n/a | 2.6% | +5.6% |
| Pasqal PSQL | United States | $923M | n/a | n/a | n/a | n/a | n/a | n/a |
| Clevo 2362.TW | Taiwan | $705M | +5% | -9% | 6% | n/a | n/a | n/a |
| SECO IOT.MI | Italy | $634M | +65% | +6% | 3% | 45.5× | 43.7% | +21.0% |
| Jiangxi Firstar Panel Technology 300256.SZ | China | $631M | -25% | -13% | -12% | n/a | n/a | n/a |
| MilDef MILDEF.ST | Sweden | $1.17B | +54% | +76% | 17% | 31.2× | 5.1% | +38.7% |
| Fujian Start 600734.SS | China | $591M | -19% | -71% | -90% | n/a | n/a | n/a |
| Qisda 2352.TW | Taiwan | $1.28B | +7% | 0% | 1% | 24.3× | n/a | n/a |
| Raspberry PI RPI.L | United Kingdom | $1.29B | -27% | +71% | 9% | 32.2× | 14.4% | +17.2% |
| Sichuan Furong Technology 603327.SS | China | $1.30B | -26% | +22% | 6% | n/a | n/a | n/a |
| Kontron KTN.DE | Germany | $1.31B | -19% | -7% | 7% | 11.5× | 4.2% | +5.1% |
| SDIC Intelligence Information Technology 300188.SZ | China | $1.35B | -15% | -15% | -53% | n/a | n/a | n/a |
| IQM Quantum Computers IQMX.HE | Finland | $1.41B | n/a | n/a | -492% | n/a | n/a | n/a |
| Flytech Technology 6206.TW | Taiwan | $493M | +3% | +12% | 27% | 10.1× | -10.1% | +2.6% |
| IQM Quantum Computers Oyj Sponsored ADR IQMX | United States | $1.49B | n/a | n/a | -492% | n/a | n/a | n/a |
| XGD 300130.SZ | China | $1.49B | -20% | +21% | 12% | 17.9× | 3.8% | +3.8% |
| QNAP Systems 7805.TWO | Taiwan | $477M | -42% | +9% | 25% | n/a | -9.6% | +3.4% |