System D Inc. (TYO:3804)

System D Balance Sheet

Financials in millions JPY. Fiscal year is November - October.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 31, 2026	Oct 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021
Cash & Equivalents	1,904	2,100	2,025	1,187	1,225	1,135
Short-Term Investments	1,198	399	-	-	-	-
Cash & Short-Term Investments	3,102	2,499	2,025	1,187	1,225	1,135
Cash Growth	11.62%	23.41%	70.60%	-3.10%	7.93%	4.42%
Receivables	568	573	624	574	443	442
Inventory	116	114	59	90	113	55
Other Current Assets	58	424	369	361	338	291
Total Current Assets	3,844	3,610	3,077	2,212	2,119	1,923
Property, Plant & Equipment	1,992	1,954	1,972	1,997	1,829	750
Long-Term Investments	585	501	482	486	456	430
Goodwill	129	148	173	198	70	90
Other Intangible Assets	935	987	1,112	1,200	1,268	1,353
Long-Term Deferred Tax Assets	132	158	145	151	155	148
Other Long-Term Assets	2	2	2	1	2	2
Total Assets	7,619	7,360	6,963	6,245	5,899	4,696

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 31, 2026	Oct 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021
Accounts Payable	138	196	219	191	160	214
Accrued Expenses	63	182	148	158	173	158
Current Portion of Long-Term Debt	103	119	119	119	128	31
Current Income Taxes Payable	60	356	266	322	404	288
Current Unearned Revenue	1,169	1,017	1,116	643	626	498
Other Current Liabilities	372	56	50	83	108	53
Total Current Liabilities	1,905	1,926	1,918	1,516	1,599	1,242
Long-Term Debt	-	73	193	313	433	8
Pension & Post-Retirement Benefits	357	319	295	305	271	323
Other Long-Term Liabilities	38	36	53	18	17	24
Total Liabilities	2,300	2,354	2,459	2,152	2,320	1,597

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 31, 2026	Oct 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021
Common Stock	484	484	484	484	484	484
Additional Paid-In Capital	619	619	619	619	619	619
Retained Earnings	4,270	4,006	3,533	3,125	2,621	2,144
Treasury Stock	-118	-125	-134	-143	-143	-143
Comprehensive Income & Other	64	22	2	8	-2	-5
Shareholders' Equity	5,319	5,006	4,504	4,093	3,579	3,099
Total Liabilities & Equity	7,619	7,360	6,963	6,245	5,899	4,696

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 31, 2026	Oct 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021
Total Debt	103	192	312	432	561	39
Net Cash (Debt)	2,999	2,307	1,713	755	664	1,096
Net Cash Growth	17.29%	34.68%	126.89%	13.71%	-39.42%	16.72%
Net Cash Per Share	155.83	119.93	89.14	39.31	34.57	56.90
Filing Date Shares Outstanding	19.26	19.24	19.23	19.21	19.21	19.21
Total Common Shares Outstanding	19.26	19.24	19.23	19.21	19.21	19.21
Working Capital	1,939	1,684	1,159	696	520	681
Book Value Per Share	276.23	260.18	234.26	213.09	186.33	161.34
Tangible Book Value	4,255	3,871	3,219	2,695	2,241	1,656
Tangible Book Value Per Share	220.97	201.19	167.42	140.30	116.67	86.21
Order Backlog	-	11,543,498	2,986	2,814	2,714	2,647

Data Source: S&P Global Market Intelligence Last updated: Sep 14, 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:

Sep 25, 2026

Data Sources Report a data error