Alpha Systems Inc
TSE:4719

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Alpha Systems Inc Logo
Alpha Systems Inc
TSE:4719
Watchlist
Price: 4 085 JPY -0.73% Market Closed
Market Cap: 57.4B JPY
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+14%
5Y
+30%
10Y
+54%
Operating Income
+
3Y
+13%
5Y
+42%
10Y
+119%
Net Income
+
3Y
+19%
5Y
+50%
10Y
+81%

Earnings Waterfall
Alpha Systems Inc

Revenue
39.9B JPY
Cost of Revenue
-30.7B JPY
Gross Profit
9.2B JPY
Operating Expenses
-4.5B JPY
Operating Income
4.7B JPY
Other Expenses
-1.3B JPY
Net Income
3.4B JPY

Income Statement
Alpha Systems Inc

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Income Statement
Currency: JPY
Jun-2005 Sep-2005 Dec-2005 Jun-2006 Sep-2006 Dec-2006 Jun-2007 Sep-2007 Dec-2007 Jun-2008 Sep-2008 Dec-2008 Jun-2009 Sep-2009 Dec-2009 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
0
0
0
0
0
0
0
0
0
1
0
0
2
0
0
1
2
3
4
4
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
2
2
2
2
2
2
2
2
2
2
2
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Revenue
14 416
N/A
14 701
+2%
14 768
+0%
15 070
+2%
15 772
+5%
16 727
+6%
17 498
+5%
17 308
-1%
17 720
+2%
17 881
+1%
18 185
+2%
18 355
+1%
18 901
+3%
18 662
-1%
18 480
-1%
18 536
+0%
18 634
+1%
18 386
-1%
24 836
+35%
24 217
-2%
23 269
-4%
22 644
-3%
22 469
-1%
22 600
+1%
22 985
+2%
23 564
+3%
23 829
+1%
24 006
+1%
24 435
+2%
24 405
0%
24 473
+0%
24 134
-1%
24 101
0%
24 065
0%
24 823
+3%
25 695
+4%
25 918
+1%
26 333
+2%
25 699
-2%
25 701
+0%
25 810
+0%
25 845
+0%
26 807
+4%
27 028
+1%
27 396
+1%
27 873
+2%
27 755
0%
28 078
+1%
28 631
+2%
28 850
+1%
29 100
+1%
29 081
0%
29 321
+1%
29 882
+2%
30 826
+3%
30 961
+0%
30 791
-1%
30 769
0%
31 319
+2%
32 372
+3%
33 041
+2%
34 027
+3%
33 875
0%
34 427
+2%
35 050
+2%
35 520
+1%
35 549
+0%
35 495
0%
35 815
+1%
36 036
+1%
36 383
+1%
36 797
+1%
36 870
+0%
37 334
+1%
38 484
+3%
39 183
+2%
39 914
+2%
Gross Profit
Cost of Revenue
(11 049)
(11 166)
(11 340)
(11 559)
(11 962)
(12 426)
(12 916)
(12 774)
(13 095)
(13 213)
(13 425)
(13 636)
(14 255)
(14 103)
(14 002)
(13 970)
(14 486)
(15 371)
(20 052)
(19 689)
(18 686)
(17 216)
(17 148)
(17 168)
(17 569)
(17 982)
(18 600)
(18 730)
(18 950)
(18 979)
(18 915)
(18 814)
(18 772)
(18 695)
(19 534)
(19 940)
(20 320)
(20 685)
(19 732)
(19 915)
(19 960)
(20 029)
(20 643)
(20 731)
(20 825)
(21 173)
(21 218)
(21 340)
(21 834)
(22 001)
(22 245)
(22 420)
(22 431)
(22 760)
(23 560)
(23 585)
(23 529)
(23 477)
(23 906)
(24 586)
(25 055)
(25 836)
(25 697)
(26 217)
(26 721)
(27 055)
(27 077)
(27 185)
(27 434)
(27 435)
(27 890)
(28 136)
(28 122)
(28 409)
(29 568)
(29 990)
(30 679)
Gross Profit
3 367
N/A
3 535
+5%
3 428
-3%
3 511
+2%
3 810
+9%
4 301
+13%
4 582
+7%
4 534
-1%
4 625
+2%
4 668
+1%
4 760
+2%
4 720
-1%
4 647
-2%
4 559
-2%
4 478
-2%
4 567
+2%
4 149
-9%
3 015
-27%
4 784
+59%
4 528
-5%
4 583
+1%
5 427
+18%
5 321
-2%
5 433
+2%
5 416
0%
5 582
+3%
5 229
-6%
5 276
+1%
5 485
+4%
5 426
-1%
5 557
+2%
5 320
-4%
5 329
+0%
5 371
+1%
5 289
-2%
5 755
+9%
5 598
-3%
5 648
+1%
5 967
+6%
5 786
-3%
5 850
+1%
5 816
-1%
6 163
+6%
6 297
+2%
6 571
+4%
6 700
+2%
6 537
-2%
6 738
+3%
6 796
+1%
6 849
+1%
6 856
+0%
6 661
-3%
6 890
+3%
7 122
+3%
7 265
+2%
7 377
+2%
7 261
-2%
7 292
+0%
7 412
+2%
7 786
+5%
7 986
+3%
8 191
+3%
8 178
0%
8 209
+0%
8 329
+1%
8 465
+2%
8 472
+0%
8 310
-2%
8 380
+1%
8 601
+3%
8 493
-1%
8 661
+2%
8 748
+1%
8 925
+2%
8 916
0%
9 193
+3%
9 236
+0%
Operating Income
Operating Expenses
(2 341)
(2 290)
(2 390)
(2 488)
(2 570)
(2 621)
(2 640)
(2 638)
(2 667)
(2 678)
(2 737)
(2 731)
(2 663)
(2 589)
(2 530)
(2 522)
(2 564)
(2 529)
(3 305)
(3 255)
(3 246)
(3 307)
(3 367)
(3 423)
(3 486)
(3 532)
(3 491)
(3 496)
(3 441)
(3 366)
(3 427)
(3 388)
(3 336)
(3 285)
(3 290)
(3 363)
(3 457)
(3 558)
(3 568)
(3 016)
(3 026)
(3 635)
(3 603)
(3 638)
(3 606)
(3 676)
(3 699)
(3 714)
(3 713)
(3 716)
(3 780)
(3 879)
(3 892)
(3 926)
(3 928)
(3 916)
(3 956)
(3 961)
(4 042)
(4 156)
(4 121)
(4 158)
(4 144)
(4 159)
(4 178)
(4 245)
(4 258)
(4 243)
(4 223)
(4 121)
(4 144)
(4 210)
(4 292)
(4 389)
(4 493)
(4 546)
(4 548)
Selling, General & Administrative
(2 341)
(2 290)
(2 390)
(2 488)
(2 570)
(2 621)
(2 640)
(2 638)
(2 667)
(2 580)
(2 545)
(2 426)
(2 354)
(2 276)
(2 241)
(2 249)
(2 317)
(2 318)
(3 062)
(3 096)
(3 159)
(3 274)
(3 109)
(3 423)
(3 486)
(3 532)
(3 254)
(3 496)
(3 441)
(3 366)
(3 255)
(3 383)
(3 333)
(3 284)
(3 154)
(3 363)
(3 458)
(3 558)
(3 370)
(3 613)
(3 624)
(3 630)
(3 420)
(3 602)
(3 606)
(3 676)
(3 651)
(3 714)
(3 713)
(3 713)
(3 696)
(3 847)
(3 889)
(3 926)
(3 893)
(3 913)
(3 956)
(3 961)
(4 010)
(4 097)
(4 121)
(4 158)
(3 970)
(4 155)
(4 178)
(4 245)
(4 069)
(4 243)
(4 223)
(4 121)
(4 036)
(4 210)
(4 292)
(4 389)
(4 449)
(4 546)
(4 548)
Research & Development
0
0
0
0
0
0
0
0
0
(82)
(160)
(257)
(263)
(269)
(250)
(237)
(215)
(181)
(205)
0
0
0
(223)
0
0
0
(197)
0
0
0
(137)
0
0
0
(115)
0
0
0
0
0
0
0
(148)
0
0
0
(16)
0
0
0
(50)
0
0
0
0
0
0
0
0
0
0
0
(144)
0
0
0
(153)
0
0
0
(72)
0
0
0
(12)
0
0
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
(17)
(32)
(48)
(46)
(45)
(40)
(35)
(32)
(30)
(39)
0
0
0
(36)
0
0
0
(39)
0
0
0
(34)
0
0
0
(31)
0
0
0
(30)
0
0
0
(35)
0
0
0
(33)
0
0
0
(34)
0
0
0
(35)
0
0
0
(32)
0
0
0
(31)
0
0
0
(36)
0
0
0
(36)
0
0
0
(33)
0
0
Other Operating Expenses
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(159)
(87)
(32)
0
0
0
0
0
0
0
0
0
(6)
(3)
0
10
0
0
0
(168)
598
599
(4)
(0)
(35)
0
0
(0)
0
0
(3)
0
(32)
(3)
0
(0)
(4)
0
(0)
(0)
(60)
(0)
0
0
(4)
0
0
(0)
(0)
0
0
(0)
0
(0)
(0)
0
(0)
(0)
Operating Income
1 026
N/A
1 246
+21%
1 038
-17%
1 023
-1%
1 240
+21%
1 680
+35%
1 942
+16%
1 896
-2%
1 959
+3%
1 990
+2%
2 023
+2%
1 988
-2%
1 983
0%
1 970
-1%
1 948
-1%
2 045
+5%
1 585
-22%
486
-69%
1 479
+204%
1 273
-14%
1 337
+5%
2 121
+59%
1 955
-8%
2 009
+3%
1 930
-4%
2 050
+6%
1 738
-15%
1 780
+2%
2 044
+15%
2 061
+1%
2 130
+3%
1 931
-9%
1 993
+3%
2 086
+5%
1 999
-4%
2 392
+20%
2 141
-11%
2 090
-2%
2 399
+15%
2 770
+15%
2 824
+2%
2 182
-23%
2 560
+17%
2 659
+4%
2 965
+12%
3 024
+2%
2 838
-6%
3 024
+7%
3 083
+2%
3 133
+2%
3 075
-2%
2 782
-10%
2 998
+8%
3 196
+7%
3 338
+4%
3 461
+4%
3 305
-4%
3 331
+1%
3 370
+1%
3 630
+8%
3 865
+6%
4 033
+4%
4 033
+0%
4 050
+0%
4 151
+2%
4 220
+2%
4 214
0%
4 067
-3%
4 157
+2%
4 480
+8%
4 349
-3%
4 451
+2%
4 456
+0%
4 536
+2%
4 423
-3%
4 647
+5%
4 688
+1%
Pre-Tax Income
Interest Income Expense
0
0
0
0
0
0
0
0
0
57
84
91
48
36
46
47
47
41
55
41
41
42
55
8
3
(1)
47
21
35
45
74
66
64
59
600
595
615
610
71
76
45
46
42
41
40
39
40
41
40
42
40
37
34
32
32
30
27
30
28
27
28
20
20
20
23
26
30
24
24
25
35
38
46
51
68
75
102
Non-Reccuring Items
(193)
(240)
(194)
(86)
(1)
100
87
294
193
206
(9)
(10)
(27)
(5)
(3)
(19)
(19)
(19)
(66)
(52)
(52)
(657)
(545)
(541)
(541)
7
(60)
(65)
(67)
(11)
(10)
0
0
0
(10)
0
(1)
602
602
0
0
0
(35)
0
(37)
(47)
(13)
(13)
(12)
(1)
(32)
0
(30)
(30)
(4)
0
(6)
(62)
(60)
0
(59)
(4)
(4)
0
0
0
0
(2)
(2)
(6)
(6)
(5)
(5)
(1)
(1)
(18)
(18)
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
1
1
1
0
0
0
0
0
(9)
(9)
(9)
(15)
1
1
1
(2)
1
1
1
2
2
2
2
1
0
1
0
1
2
2
2
2
0
1
1
1
0
1
1
1
1
1
1
1
1
2
Total Other Income
128
117
90
70
192
98
112
30
137
84
56
34
26
17
16
22
25
25
32
46
47
46
33
78
95
95
51
86
69
68
32
30
30
30
28
29
28
29
29
29
28
28
29
27
28
26
30
27
26
28
26
27
30
29
42
42
42
49
37
38
38
31
32
33
34
34
36
45
47
48
38
40
53
52
51
49
34
Pre-Tax Income
961
N/A
1 122
+17%
933
-17%
1 007
+8%
1 431
+42%
1 878
+31%
2 141
+14%
2 220
+4%
2 288
+3%
2 336
+2%
2 153
-8%
2 104
-2%
2 029
-4%
2 018
-1%
2 006
-1%
2 096
+4%
1 638
-22%
533
-67%
1 500
+182%
1 308
-13%
1 373
+5%
1 552
+13%
1 498
-3%
1 553
+4%
1 486
-4%
2 151
+45%
1 776
-17%
1 822
+3%
2 080
+14%
2 163
+4%
2 228
+3%
2 029
-9%
2 088
+3%
2 176
+4%
2 617
+20%
3 016
+15%
2 782
-8%
3 331
+20%
3 104
-7%
2 866
-8%
2 888
+1%
2 247
-22%
2 581
+15%
2 728
+6%
2 997
+10%
3 043
+2%
2 892
-5%
3 079
+6%
3 138
+2%
3 202
+2%
3 111
-3%
2 848
-8%
3 035
+7%
3 230
+6%
3 408
+6%
3 533
+4%
3 369
-5%
3 349
-1%
3 376
+1%
3 697
+9%
3 873
+5%
4 083
+5%
4 084
+0%
4 105
+0%
4 209
+3%
4 282
+2%
4 281
0%
4 135
-3%
4 227
+2%
4 547
+8%
4 417
-3%
4 525
+2%
4 551
+1%
4 639
+2%
4 541
-2%
4 755
+5%
4 807
+1%
Net Income
Tax Provision
(389)
(442)
(374)
(407)
(593)
(787)
(878)
(913)
(937)
(971)
(899)
(877)
(847)
(836)
(833)
(865)
(684)
(219)
(618)
(543)
(573)
(1 032)
(999)
(998)
(957)
(862)
(685)
(714)
(824)
(844)
(940)
(859)
(860)
(877)
(863)
(980)
(890)
(1 051)
(1 086)
(1 007)
(1 003)
(787)
(843)
(881)
(969)
(996)
(899)
(963)
(977)
(990)
(1 022)
(943)
(1 003)
(1 064)
(1 114)
(1 151)
(1 095)
(1 081)
(1 094)
(1 193)
(1 241)
(1 305)
(1 296)
(1 302)
(1 331)
(1 359)
(1 362)
(1 316)
(1 356)
(1 452)
(1 372)
(1 405)
(1 414)
(1 443)
(1 330)
(1 378)
(1 385)
Income from Continuing Operations
572
680
559
600
838
1 091
1 263
1 307
1 351
1 365
1 254
1 226
1 182
1 182
1 174
1 231
954
313
882
765
799
520
499
556
529
1 290
1 091
1 108
1 257
1 319
1 287
1 170
1 228
1 299
1 754
2 035
1 893
2 280
2 017
1 859
1 886
1 460
1 738
1 848
2 027
2 048
1 992
2 116
2 161
2 212
2 090
1 905
2 032
2 166
2 294
2 383
2 274
2 268
2 282
2 503
2 632
2 778
2 789
2 803
2 878
2 923
2 919
2 819
2 870
3 095
3 045
3 121
3 137
3 196
3 211
3 377
3 422
Net Income (Common)
572
N/A
680
+19%
559
-18%
600
+7%
838
+40%
1 091
+30%
1 263
+16%
1 307
+3%
1 351
+3%
1 365
+1%
1 254
-8%
1 226
-2%
1 182
-4%
1 182
0%
1 174
-1%
1 231
+5%
954
-22%
313
-67%
882
+182%
765
-13%
799
+4%
520
-35%
499
-4%
556
+11%
529
-5%
1 290
+144%
1 091
-15%
1 108
+2%
1 257
+13%
1 319
+5%
1 287
-2%
1 170
-9%
1 228
+5%
1 299
+6%
1 754
+35%
2 035
+16%
1 893
-7%
2 280
+20%
2 017
-12%
1 859
-8%
1 886
+1%
1 460
-23%
1 738
+19%
1 848
+6%
2 027
+10%
2 048
+1%
1 992
-3%
2 116
+6%
2 161
+2%
2 212
+2%
2 090
-6%
1 905
-9%
2 032
+7%
2 166
+7%
2 294
+6%
2 383
+4%
2 274
-5%
2 268
0%
2 282
+1%
2 503
+10%
2 632
+5%
2 778
+6%
2 789
+0%
2 803
+1%
2 878
+3%
2 923
+2%
2 919
0%
2 819
-3%
2 870
+2%
3 095
+8%
3 045
-2%
3 121
+2%
3 137
+1%
3 196
+2%
3 211
+0%
3 377
+5%
3 422
+1%
EPS (Diluted)
38.67
N/A
45.36
+17%
37.77
-17%
40.52
+7%
55.86
+38%
73.69
+32%
85.35
+16%
87.14
+2%
91.3
+5%
92.22
+1%
83.6
-9%
82.86
-1%
79.87
-4%
78.8
-1%
79.32
+1%
83.18
+5%
64.47
-22%
21.16
-67%
58.8
+178%
51.69
-12%
54.01
+4%
35.14
-35%
33.26
-5%
37.54
+13%
35.76
-5%
87.12
+144%
72.73
-17%
74.83
+3%
84.91
+13%
89.12
+5%
85.8
-4%
79.04
-8%
82.94
+5%
87.75
+6%
118.2
+35%
137.52
+16%
127.87
-7%
154.07
+20%
135.97
-12%
125.61
-8%
127.4
+1%
98.66
-23%
117.12
+19%
124.83
+7%
136.98
+10%
138.35
+1%
134.3
-3%
142.99
+6%
147.99
+3%
156.8
+6%
145.06
-7%
135.64
-6%
144.75
+7%
154.28
+7%
163.38
+6%
169.71
+4%
161.95
-5%
161.53
0%
162.54
+1%
178.31
+10%
187.5
+5%
197.86
+6%
198.65
+0%
199.67
+1%
205.02
+3%
208.2
+2%
207.91
0%
200.78
-3%
204.46
+2%
220.47
+8%
216.91
-2%
222.28
+2%
223.44
+1%
227.66
+2%
228.76
+0%
240.54
+5%
243.75
+1%

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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