System Research Co.,Ltd. (TYO:3771)

System Research Balance Sheet

Financials in millions JPY. Fiscal year is April - March.

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	8,488	8,429	8,203	8,326	7,371	6,349
Cash & Short-Term Investments	8,488	8,429	8,203	8,326	7,371	6,349
Cash Growth	20.91%	2.76%	-1.48%	12.96%	16.10%	8.66%
Receivables	5,336	5,789	4,831	4,227	4,100	3,653
Inventory	49.22	57	8	8	9	7
Other Current Assets	185.41	522	565	428	424	406
Total Current Assets	14,058	14,797	13,607	12,989	11,904	10,415
Property, Plant & Equipment	3,284	3,503	2,822	2,025	1,142	976
Long-Term Investments	-	253	257	257	231	755
Goodwill	16.38	49	114	180	245	311
Other Intangible Assets	226.23	224	199	168	144	120
Long-Term Deferred Tax Assets	-	630	525	526	513	306
Other Long-Term Assets	880.59	2	2	-	2	1
Total Assets	18,465	19,458	17,526	16,145	14,181	12,884

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	1,242	1,483	1,063	945	885	821
Accrued Expenses	1,192	1,493	1,342	1,266	1,130	1,003
Current Portion of Long-Term Debt	463.94	580	730	780	741	780
Current Income Taxes Payable	463.68	656	591	428	458	445
Other Current Liabilities	1,414	1,385	1,404	1,541	1,171	1,035
Total Current Liabilities	4,818	5,597	5,130	4,960	4,385	4,084
Long-Term Debt	261.31	376	566	661	661	622
Pension & Post-Retirement Benefits	-	-	-	-	-	43
Other Long-Term Liabilities	0	1	2	1	1	3
Total Liabilities	5,079	5,974	5,698	5,622	5,047	4,752

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	550.15	550	550	550	550	550
Additional Paid-In Capital	535.28	525	517	517	517	517
Retained Earnings	12,431	12,577	10,960	9,434	8,050	6,950
Treasury Stock	-159.32	-195	-223	-1	-1	-1
Comprehensive Income & Other	5.23	5	6	8	6	107
Total Common Equity	13,362	13,462	11,810	10,508	9,122	8,123
Minority Interest	24.23	22	18	15	12	9
Shareholders' Equity	13,386	13,484	11,828	10,523	9,134	8,132
Total Liabilities & Equity	18,465	19,458	17,526	16,145	14,181	12,884

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	767.25	956	1,296	1,441	1,402	1,402
Net Cash (Debt)	7,720	7,473	6,907	6,885	5,969	4,947
Net Cash Growth	32.02%	8.20%	0.32%	15.35%	20.66%	12.02%
Net Cash Per Share	465.42	450.79	416.36	411.88	357.08	295.94
Filing Date Shares Outstanding	16.61	16.58	16.57	16.57	16.72	16.72
Total Common Shares Outstanding	16.61	16.58	16.57	33.43	16.72	16.72
Working Capital	9,241	9,200	8,477	8,029	7,519	6,331
Book Value Per Share	804.44	811.70	712.92	314.31	545.71	485.94
Tangible Book Value	13,119	13,189	11,497	10,160	8,733	7,692
Tangible Book Value Per Share	789.84	795.24	694.02	303.90	522.43	460.15
Order Backlog	-	6,710	3,704	4,927	4,557	4,075

Data Source: S&P Global Market Intelligence Last updated: Oct 28, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 8, 2026

Data Sources Report a data error