INTERNETWORKING AND BROADBAND CONSULTING CO.,LTD.

Cash flow Internetworking and Broadband Consulting Co.,Ltd.

Stocks

3920

JP3104940006

Software

Delayed Japan Exchange 10:00:00 15/09/26 am AEST			5-day change	1st Jan Change
998.00 ^JPY	0.00%		-0.10%	-1.09%

13/08	Internetworking and Broadband Consulting Co.,Ltd. Reports Earnings Results for the Nine Months Ended June 30, 2026	CI
14/05	Internetworking and Broadband Consulting Co.,Ltd. Reports Earnings Results for the Half Year Ended March 31, 2026	CI

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Published financial data: INTERNETWORKING AND BROADBAND CONSULTING CO.,LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: September	2020 (JPY)	2021 (JPY)	2022 (JPY)	2023 (JPY)	2024 (JPY)
Revenues	1.95B	2.01B	1.5B	1.9B	2.18B
Total Revenues	1.95B	2.01B	1.5B	1.9B	2.18B
Cost of Goods Sold, Total	632M	741M	477M	565M	598M
Gross Profit	1.31B	1.27B	1.02B	1.34B	1.59B
Selling General & Admin Expenses, Total	1.12B	991M	1.07B	1.12B	1.2B
Provision for Bad Debts	-	-3M	-12M	-9M	-
Other Operating Expenses, Total	1.12B	988M	1.06B	1.11B	1.2B
Operating Income	198M	284M	-36M	221M	382M
Interest Expense, Total	-3M	-4M	-3M	-3M	-3M
Net Interest Expenses	-3M	-4M	-3M	-3M	-3M
Income (Loss) On Equity Invest.	-27M	-12M	13M	11M	18M
Other Non Operating Income (Expenses)	7M	6M	4M	4M	13M
EBT, Excl. Unusual Items	175M	274M	-22M	233M	410M
Gain (Loss) On Sale Of Investments	8M	11M	-	-94M	-131M
Asset Writedown	-203M	-	-	-	-
Other Unusual Items	-2M	-	-17M	-	13M
EBT, Incl. Unusual Items	-22M	285M	-39M	139M	292M
Income Tax Expense	23M	88M	-12M	69M	41M
Earnings From Continuing Operations	-45M	197M	-27M	70M	251M
Net Income to Company	-45M	197M	-27M	70M	251M
Minority Interest	-	-	-	-	-
Net Income - (IS)	-45M	197M	-27M	70M	251M
Net Income to Common Incl Extra Items	-45M	197M	-27M	70M	251M
Net Income to Common Excl. Extra Items	-45M	197M	-27M	70M	251M
Per Share Items
Net EPS - Basic	-8.15	35.65	-4.88	12.66	45.39
Basic EPS - Continuing Operations	-8.15	35.65	-4.88	12.66	45.39
Basic Weighted Average Shares Outstanding	5.52M	5.53M	5.53M	5.53M	5.53M
Net EPS - Diluted	-8.15	35.35	-4.88	12.66	45.32
Diluted EPS - Continuing Operations	-8.15	35.35	-4.88	12.66	45.32
Diluted Weighted Average Shares Outstanding	5.52M	5.57M	5.53M	5.55M	5.55M
Normalized Basic EPS	19.82	30.99	-2.49	26.34	46.34
Normalized Diluted EPS	19.82	30.73	-2.49	26.22	46.16
Dividend Per Share	-	-	-	6	8
Payout Ratio	-	-	-	31.43	21.91
Supplemental Items
EBITDA	279M	351M	16M	277M	436M
EBITA	228M	303M	-17M	240M	398M
EBIT	198M	284M	-36M	221M	382M
EBITDAR	354M	427M	93M	355M	514M
Effective Tax Rate - (Ratio)	-104.55	30.88	30.77	49.64	14.04
Normalized Net Income	109M	171M	-13.75M	146M	256M
Supplemental Operating Expense Items
General and Administrative Expenses	88M	90M	108M	118M	121M
Net Rental Expense, Total	75M	76M	77M	78M	78M
Imputed Operating Lease Interest Expense	1.86M	2.12M	1.68M	1.84M	2.07M
Imputed Operating Lease Depreciation	73.14M	73.88M	75.32M	76.16M	75.93M

Fiscal Period: September	2020 (JPY)	2021 (JPY)	2022 (JPY)	2023 (JPY)	2024 (JPY)
Assets
Cash And Equivalents	1.23B	1.3B	1.41B	1.62B	1.97B
Total Cash And Short Term Investments	1.23B	1.3B	1.41B	1.62B	1.97B
Accounts Receivable, Total	1.23B	1.1B	628M	641M	661M
Other Receivables	37M	-	50M	-	-
Total Receivables	1.27B	1.1B	678M	641M	661M
Inventory	18M	16M	42M	30M	34M
Prepaid Expenses	33M	42M	33M	31M	24M
Other Current Assets, Total	13M	25M	41M	9M	31M
Total Current Assets	2.56B	2.48B	2.2B	2.33B	2.72B
Net Property Plant And Equipment	46M	39M	41M	34M	31M
Long-term Investments	268M	596M	932M	835M	492M
Goodwill	76M	56M	36M	16M	-
Other Intangibles, Total	48M	34M	28M	30M	45M
Loans Receivable Long-Term	27M	24M	17M	8M	-
Deferred Tax Assets Long-Term	16M	24M	-	7M	35M
Other Long-Term Assets, Total	2M	2M	1M	2M	2M
Total Assets	3.04B	3.26B	3.26B	3.26B	3.33B
Liabilities
Accounts Payable, Total	160M	122M	83M	110M	125M
Accrued Expenses, Total	34M	39M	40M	38M	39M
Short-term Borrowings	650M	720M	800M	800M	800M
Current Portion of Long-Term Debt	122M	122M	116M	109M	50M
Current Income Taxes Payable	92M	175M	108M	250M	222M
Other Current Liabilities	44M	50M	104M	71M	100M
Total Current Liabilities	1.1B	1.23B	1.25B	1.38B	1.34B
Long-Term Debt	399M	276M	160M	50M	-
Long-Term Leases	-	-	3M	2M	1M
Deferred Tax Liability Non Current	-	-	4M	-	-
Other Non Current Liabilities	5M	6M	7M	8M	1M
Total Liabilities	1.51B	1.51B	1.42B	1.44B	1.34B
Common Stock, Total	442M	442M	443M	443M	443M
Additional Paid In Capital	419M	420M	421M	421M	421M
Retained Earnings	901M	1.1B	1.08B	1.13B	1.32B
Treasury Stock	-221M	-221M	-221M	-221M	-221M
Comprehensive Income and Other	-2M	11M	106M	54M	23M
Total Common Equity	1.54B	1.75B	1.83B	1.83B	1.99B
Total Equity	1.54B	1.75B	1.83B	1.83B	1.99B
Total Liabilities And Equity	3.04B	3.26B	3.26B	3.26B	3.33B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	5.52M	5.53M	5.53M	5.53M	5.53M
ECS Total Common Shares Outstanding	5.52M	5.53M	5.53M	5.53M	5.53M
Book Value / Share	278.73	316.6	330.96	330.23	360.07
Tangible Book Value	1.42B	1.66B	1.77B	1.78B	1.95B
Tangible Book Value Per Share	256.27	300.32	319.38	321.91	351.93
Total Debt	1.17B	1.12B	1.08B	961M	851M
Net Debt	-58M	-187M	-327M	-660M	-1.12B
Debt Equivalent Oper. Leases	600M	608M	616M	624M	624M
Inventories - Raw Materials, Total	3M	-	7M	7M	17M
Inventories - Work In Process, Total	5M	-	14M	17M	13M
Inventories - Finished Goods, Total	9M	15M	19M	4M	3M
Inventories - Others	1M	1M	2M	2M	1M
Full Time Employees	92	89	87	86	81

Fiscal Period: September	2020 (JPY)	2021 (JPY)	2022 (JPY)	2023 (JPY)	2024 (JPY)
Net Income	-22M	285M	-29M	139M	293M
Depreciation & Amortization - CF	51M	48M	33M	37M	38M
Amortization of Goodwill and Intangible Assets - (CF)	30M	19M	19M	19M	16M
Depreciation & Amortization, Total	81M	67M	52M	56M	54M
(Gain) Loss From Sale Of Asset	203M	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-8M	8M	-	94M	131M
(Income) Loss On Equity Investments - (CF)	27M	12M	-13M	-11M	-18M
Other Operating Activities, Total	-97M	37M	-151M	51M	-90M
Change In Accounts Receivable	-247M	134M	469M	-12M	-20M
Change In Inventories	-	-	-24M	12M	-4M
Change In Accounts Payable	118M	-52M	-9M	110M	15M
Change in Other Net Operating Assets	29M	-45M	47M	-8M	-7M
Cash from Operations	84M	446M	342M	431M	354M
Capital Expenditure	-1M	-1M	-8M	-5M	-7M
Cash Acquisitions	-	-8M	-	-	-
Sale (Purchase) of Intangible assets	-94M	-24M	-17M	-27M	-40M
Investment in Marketable and Equity Securities, Total	-	-231M	-117M	-	95M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-24M	3M	7M	9M	-
Other Investing Activities, Total	-23M	-58M	-64M	-53M	116M
Cash from Investing	-142M	-319M	-199M	-76M	164M
Short Term Debt Issued, Total	-	70M	80M	-	-
Long-Term Debt Issued, Total	500M	-	-	-	-
Total Debt Issued	500M	70M	80M	-	-
Long-Term Debt Repaid, Total	-98M	-122M	-122M	-116M	-109M
Total Debt Repaid	-98M	-122M	-122M	-116M	-109M
Issuance of Common Stock	2M	1M	-	-	-
Repurchase of Common Stock	-43M	-	-	-	-
Common Dividends Paid	-	-	-	-22M	-55M
Common & Preferred Stock Dividends Paid	-	-	-	-22M	-55M
Other Financing Activities, Total	-	1M	-	-1M	-1M
Cash from Financing	361M	-50M	-42M	-139M	-165M
Miscellaneous Cash Flow Adjustments	1M	-1M	-	-1M	-1M
Net Change in Cash	304M	76M	101M	215M	352M
Supplemental Items
Cash Interest Paid	3M	4M	3M	3M	4M
Cash Income Tax Paid (Refund)	98M	-34M	150M	-48M	91M
Levered Free Cash Flow	-126M	426M	338M	377M	222M
Unlevered Free Cash Flow	-124M	428M	340M	379M	224M
Change In Net Working Capital	234M	-209M	-335M	-217M	22M
Net Debt Issued / Repaid	402M	-52M	-42M	-116M	-109M

Fiscal Period: September	2020 (JPY)	2021 (JPY)	2022 (JPY)	2023 (JPY)	2024 (JPY)
Profitability
Return on Assets	4.33	5.63	-0.69	4.24	7.24
Return on Total Capital	4.85	6.36	-0.78	4.85	8.48
Return On Equity %	-2.84	11.98	-1.51	3.83	13.15
Return on Common Equity	-2.84	11.98	-1.51	3.83	13.15
Margin Analysis
Gross Profit Margin %	67.52	63.19	68.22	70.26	72.62
SG&A Margin	57.35	49.23	71.42	59.11	55.13
EBITDA Margin %	14.34	17.44	1.07	14.58	19.96
EBITA Margin %	11.72	15.05	-1.13	12.63	18.22
EBIT Margin %	10.17	14.11	-2.4	11.63	17.49
Income From Continuing Operations Margin %	-2.31	9.79	-1.8	3.68	11.49
Net Income Margin %	-2.31	9.79	-1.8	3.68	11.49
Net Avail. For Common Margin %	-2.31	9.79	-1.8	3.68	11.49
Normalized Net Income Margin	5.62	8.51	-0.92	7.66	11.73
Levered Free Cash Flow Margin	-6.48	21.16	22.49	19.86	10.16
Unlevered Free Cash Flow Margin	-6.38	21.29	22.62	19.95	10.24
Asset Turnover
Asset Turnover	0.68	0.64	0.46	0.58	0.66
Fixed Assets Turnover	38.16	47.36	37.52	50.67	67.2
Receivables Turnover (Average Receivables)	1.75	1.73	1.74	2.99	3.35
Inventory Turnover (Average Inventory)	32.41	43.59	16.45	15.69	18.69
Short Term Liquidity
Current Ratio	2.32	2.02	1.76	1.69	2.04
Quick Ratio	2.27	1.96	1.67	1.64	1.97
Operating Cash Flow to Current Liabilities	0.08	0.36	0.27	0.31	0.26
Days Sales Outstanding (Average Receivables)	208.58	211.15	209.73	121.89	109.1
Days Outstanding Inventory (Average Inventory)	11.29	8.37	22.19	23.26	19.59
Average Days Payable Outstanding	74.19	69.64	74.38	63.69	71.44
Cash Conversion Cycle (Average Days)	145.68	149.88	157.55	81.45	57.24
Long Term Solvency
Total Debt/Equity	76.09	63.89	58.96	52.63	42.74
Total Debt / Total Capital	43.21	38.98	37.09	34.48	29.94
LT Debt/Equity	25.93	15.77	8.91	2.85	0.05
Long-Term Debt / Total Capital	14.72	9.62	5.6	1.87	0.04
Total Liabilities / Total Assets	49.46	46.32	43.78	44.06	40.19
EBIT / Interest Expense	66	71	-12	73.67	127.33
EBITDA / Interest Expense	93	87.75	5.33	92.33	145.33
(EBITDA - Capex) / Interest Expense	92.67	87.5	2.67	90.67	143
Total Debt / EBITDA	4.2	3.19	67.44	3.47	1.95
Net Debt / EBITDA	-0.21	-0.53	-20.44	-2.38	-2.58
Total Debt / (EBITDA - Capex)	4.21	3.19	134.88	3.53	1.98
Net Debt / (EBITDA - Capex)	-0.21	-0.53	-40.88	-2.43	-2.62
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	6.16	3.44	-25.43	26.58	14.95
Gross Profit, 1 Yr. Growth %	2.5	-3.2	-19.5	30.37	18.8
EBITDA, 1 Yr. Growth %	-8.82	25.81	-95.44	1.63K	57.4
EBITA, 1 Yr. Growth %	-11.97	32.89	-105.61	-1.51K	65.83
EBIT, 1 Yr. Growth %	-19.18	43.43	-112.68	-713.89	72.85
Earnings From Cont. Operations, 1 Yr. Growth %	-136.59	-537.78	-113.71	-359.26	258.57
Net Income, 1 Yr. Growth %	-135.16	-537.78	-113.71	-359.26	258.57
Normalized Net Income, 1 Yr. Growth %	-23.91	56.57	-108.03	-1.16K	75.97
Diluted EPS Before Extra, 1 Yr. Growth %	-135.51	-533.61	-113.81	-359.23	257.99
Accounts Receivable, 1 Yr. Growth %	24.95	-10.96	-42.75	2.07	3.12
Inventory, 1 Yr. Growth %	-14.29	-11.11	162.5	-28.57	13.33
Net Property, Plant and Equip., 1 Yr. Growth %	-17.86	-15.22	5.13	-17.07	-8.82
Total Assets, 1 Yr. Growth %	13.79	7.06	-0.15	0.28	1.99
Tangible Book Value, 1 Yr. Growth %	7.2	17.31	6.39	0.79	9.33
Common Equity, 1 Yr. Growth %	-5.41	13.71	4.57	-0.22	9.04
Cash From Operations, 1 Yr. Growth %	-863.64	430.95	-23.32	26.02	-17.87
Capital Expenditures, 1 Yr. Growth %	-94.12	0	700	-37.5	40
Levered Free Cash Flow, 1 Yr. Growth %	-	-437.76	-20.75	11.74	-41.19
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-444.87	-20.77	11.67	-40.98
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	33.33
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	4.8	-12.17	-2.85	20.62
Gross Profit, 2 Yr. CAGR %	-	-0.39	-11.72	2.45	24.45
EBITDA, 2 Yr. CAGR %	-	7.1	-76.05	-11.16	422.02
EBITA, 2 Yr. CAGR %	-	8.16	-72.69	-11	383.86
EBIT, 2 Yr. CAGR %	-	7.67	-57.36	-11.79	225.75
Earnings From Cont. Operations, 2 Yr. CAGR %	-	26.56	-22.54	-40.39	204.9
Net Income, 2 Yr. CAGR %	-	24.06	-22.54	-40.39	204.9
Normalized Net Income, 2 Yr. CAGR %	-	9.15	-64.54	-7.78	331.7
Diluted EPS Before Extra, 2 Yr. CAGR %	-	24.09	-22.6	-40.16	204.64
Accounts Receivable, 2 Yr. CAGR %	-	5.48	-28.6	-23.56	2.59
Inventory, 2 Yr. CAGR %	-	-12.71	52.75	36.93	-10.03
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-16.55	-5.59	-6.63	-13.05
Total Assets, 2 Yr. CAGR %	-	10.37	3.39	0.06	1.13
Tangible Book Value, 2 Yr. CAGR %	-	12.14	11.72	3.55	4.97
Common Equity, 2 Yr. CAGR %	-	3.71	9.05	2.15	4.31
Cash From Operations, 2 Yr. CAGR %	-	536.75	101.78	-1.7	1.74
Capital Expenditures, 2 Yr. CAGR %	-	-75.75	182.84	123.61	-6.46
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	63.61	-5.9	-18.93
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	65.3	-5.94	-18.82
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-6.44	-0.79	2.76
Gross Profit, 3 Yr. CAGR %	-	-	-7.22	0.53	7.63
EBITDA, 3 Yr. CAGR %	-	-	-62.61	-0.24	7.5
EBITA, 3 Yr. CAGR %	-	-	-59.66	1.72	9.52
EBIT, 3 Yr. CAGR %	-	-	-47.23	3.73	10.39
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-39.68	15.87	8.41
Net Income, 3 Yr. CAGR %	-	-	-40.47	15.87	8.41
Normalized Net Income, 3 Yr. CAGR %	-	-	-54.27	10.01	14.38
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-40.31	15.8	8.63
Accounts Receivable, 3 Yr. CAGR %	-	-	-13.96	-19.57	-15.54
Inventory, 3 Yr. CAGR %	-	-	25.99	18.56	28.56
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-9.87	-9.58	-7.37
Total Assets, 3 Yr. CAGR %	-	-	6.75	2.34	0.7
Tangible Book Value, 3 Yr. CAGR %	-	-	10.19	7.95	5.44
Common Equity, 3 Yr. CAGR %	-	-	4	5.87	4.39
Cash From Operations, 3 Yr. CAGR %	-	-	214.44	72.48	-7.41
Capital Expenditures, 3 Yr. CAGR %	-	-	-22.22	71	91.29
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	44.08	-19.54
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	45.04	-19.47
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	3.57
Gross Profit, 5 Yr. CAGR %	-	-	-	-	4.35
EBITDA, 5 Yr. CAGR %	-	-	-	-	7.34
EBITA, 5 Yr. CAGR %	-	-	-	-	8.97
EBIT, 5 Yr. CAGR %	-	-	-	-	9.29
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	15.33
Net Income, 5 Yr. CAGR %	-	-	-	-	14.42
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	12.26
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	14.57
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	-7.69
Inventory, 5 Yr. CAGR %	-	-	-	-	10.12
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	-11.15
Total Assets, 5 Yr. CAGR %	-	-	-	-	4.46
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	8.07
Common Equity, 5 Yr. CAGR %	-	-	-	-	4.12
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	100.23
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	-16.26