INTERNETWORKING AND BROADBAND CONSULTING CO.,LTD.

Financial Ratios Internetworking and Broadband Consulting Co.,Ltd.

Stocks

3920

JP3104940006

Software

Market Closed - Japan Exchange 12:00:00 14/08/2026 pm IST			5-day change	1st Jan Change
976.00 ^JPY	-2.30%		-0.41%	-3.27%

14/05	Internetworking and Broadband Consulting Co.,Ltd. Reports Earnings Results for the Half Year Ended March 31, 2026	CI
14/05	Internetworking and Broadband Consulting Co.,Ltd. Revises Earnings Guidance for the Fiscal Year Ending September 30, 2026	CI

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

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: September	2020	2021	2022	2023	2024
Revenues	194.6Cr	201.3Cr	150.1Cr	190Cr	218.4Cr
Total Revenues	194.6Cr	201.3Cr	150.1Cr	190Cr	218.4Cr
Cost of Goods Sold, Total	63Cr	74Cr	48Cr	56Cr	60Cr
Gross Profit	131.4Cr	127.2Cr	102.4Cr	133.5Cr	158.6Cr
Selling General & Admin Expenses, Total	111.6Cr	99Cr	107.2Cr	112.3Cr	120.4Cr
Provision for Bad Debts	-	-30L	-1.2Cr	-90L	-
Other Operating Expenses, Total	111.6Cr	99Cr	106Cr	111.4Cr	120.4Cr
Operating Income	20Cr	28Cr	-3.6Cr	22Cr	38Cr
Interest Expense, Total	-30L	-40L	-30L	-30L	-30L
Net Interest Expenses	-30L	-40L	-30L	-30L	-30L
Income (Loss) On Equity Invest.	-2.7Cr	-1.2Cr	1.3Cr	1.1Cr	1.8Cr
Other Non Operating Income (Expenses)	70L	60L	40L	40L	1.3Cr
EBT, Excl. Unusual Items	18Cr	27Cr	-2.2Cr	23Cr	41Cr
Gain (Loss) On Sale Of Investments	80L	1.1Cr	-	-9.4Cr	-13Cr
Asset Writedown	-20Cr	-	-	-	-
Other Unusual Items	-20L	-	-1.7Cr	-	1.3Cr
EBT, Incl. Unusual Items	-2.2Cr	28Cr	-3.9Cr	14Cr	29Cr
Income Tax Expense	2.3Cr	8.8Cr	-1.2Cr	6.9Cr	4.1Cr
Earnings From Continuing Operations	-4.5Cr	20Cr	-2.7Cr	7Cr	25Cr
Net Income to Company	-4.5Cr	20Cr	-2.7Cr	7Cr	25Cr
Minority Interest	-	-	-	-	-
Net Income - (IS)	-4.5Cr	20Cr	-2.7Cr	7Cr	25Cr
Net Income to Common Incl Extra Items	-4.5Cr	20Cr	-2.7Cr	7Cr	25Cr
Net Income to Common Excl. Extra Items	-4.5Cr	20Cr	-2.7Cr	7Cr	25Cr
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	55.2L	55.26L	55.29L	55.29L	55.29L
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	55.2L	55.74L	55.29L	55.54L	55.52L
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	28Cr	35Cr	1.6Cr	28Cr	44Cr
EBITA	23Cr	30Cr	-1.7Cr	24Cr	40Cr
EBIT	20Cr	28Cr	-3.6Cr	22Cr	38Cr
EBITDAR	35Cr	43Cr	9.3Cr	36Cr	51Cr
Effective Tax Rate - (Ratio)	-104.55	30.88	30.77	49.64	14.04
Normalized Net Income	11Cr	17Cr	-1.38Cr	15Cr	26Cr
Supplemental Operating Expense Items
General and Administrative Expenses	8.8Cr	9Cr	11Cr	12Cr	12Cr
Net Rental Expense, Total	7.5Cr	7.6Cr	7.7Cr	7.8Cr	7.8Cr
Imputed Operating Lease Interest Expense	18.56L	21.24L	16.82L	18.35L	20.66L
Imputed Operating Lease Depreciation	7.31Cr	7.39Cr	7.53Cr	7.62Cr	7.59Cr

Fiscal Period: September	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	122.9Cr	130.5Cr	140.6Cr	162.1Cr	197.4Cr
Total Cash And Short Term Investments	122.9Cr	130.5Cr	140.6Cr	162.1Cr	197.4Cr
Accounts Receivable, Total	123.2Cr	109.7Cr	63Cr	64Cr	66Cr
Other Receivables	3.7Cr	-	5Cr	-	-
Total Receivables	126.9Cr	109.7Cr	68Cr	64Cr	66Cr
Inventory	1.8Cr	1.6Cr	4.2Cr	3Cr	3.4Cr
Prepaid Expenses	3.3Cr	4.2Cr	3.3Cr	3.1Cr	2.4Cr
Other Current Assets, Total	1.3Cr	2.5Cr	4.1Cr	90L	3.1Cr
Total Current Assets	256.2Cr	248.5Cr	220Cr	233.2Cr	272.4Cr
Net Property Plant And Equipment	4.6Cr	3.9Cr	4.1Cr	3.4Cr	3.1Cr
Long-term Investments	27Cr	60Cr	93Cr	84Cr	49Cr
Goodwill	7.6Cr	5.6Cr	3.6Cr	1.6Cr	-
Other Intangibles, Total	4.8Cr	3.4Cr	2.8Cr	3Cr	4.5Cr
Loans Receivable Long-Term	2.7Cr	2.4Cr	1.7Cr	80L	-
Deferred Tax Assets Long-Term	1.6Cr	2.4Cr	-	70L	3.5Cr
Other Long-Term Assets, Total	20L	20L	10L	20L	20L
Total Assets	304.5Cr	326Cr	325.5Cr	326.4Cr	332.9Cr
Liabilities
Accounts Payable, Total	16Cr	12Cr	8.3Cr	11Cr	12Cr
Accrued Expenses, Total	3.4Cr	3.9Cr	4Cr	3.8Cr	3.9Cr
Short-term Borrowings	65Cr	72Cr	80Cr	80Cr	80Cr
Current Portion of Long-Term Debt	12Cr	12Cr	12Cr	11Cr	5Cr
Current Income Taxes Payable	9.2Cr	18Cr	11Cr	25Cr	22Cr
Other Current Liabilities	4.4Cr	5Cr	10Cr	7.1Cr	10Cr
Total Current Liabilities	110.2Cr	122.8Cr	125.1Cr	137.8Cr	133.6Cr
Long-Term Debt	40Cr	28Cr	16Cr	5Cr	-
Long-Term Leases	-	-	30L	20L	10L
Deferred Tax Liability Non Current	-	-	40L	-	-
Other Non Current Liabilities	50L	60L	70L	80L	10L
Total Liabilities	150.6Cr	151Cr	142.5Cr	143.8Cr	133.8Cr
Common Stock, Total	44Cr	44Cr	44Cr	44Cr	44Cr
Additional Paid In Capital	42Cr	42Cr	42Cr	42Cr	42Cr
Retained Earnings	90Cr	109.8Cr	108.1Cr	112.9Cr	132.5Cr
Treasury Stock	-22Cr	-22Cr	-22Cr	-22Cr	-22Cr
Comprehensive Income and Other	-20L	1.1Cr	11Cr	5.4Cr	2.3Cr
Total Common Equity	153.9Cr	175Cr	183Cr	182.6Cr	199.1Cr
Total Equity	153.9Cr	175Cr	183Cr	182.6Cr	199.1Cr
Total Liabilities And Equity	304.5Cr	326Cr	325.5Cr	326.4Cr	332.9Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	55.21L	55.27L	55.29L	55.29L	55.29L
ECS Total Common Shares Outstanding	55.21L	55.27L	55.29L	55.29L	55.29L
Book Value / Share	278.73	316.6	330.96	330.23	360.07
Tangible Book Value	141.5Cr	166Cr	176.6Cr	178Cr	194.6Cr
Tangible Book Value Per Share	256.27	300.32	319.38	321.91	351.93
Total Debt	117.1Cr	111.8Cr	107.9Cr	96Cr	85Cr
Net Debt	-5.8Cr	-19Cr	-33Cr	-66Cr	-112.3Cr
Debt Equivalent Oper. Leases	60Cr	61Cr	62Cr	62Cr	62Cr
Inventories - Raw Materials, Total	30L	-	70L	70L	1.7Cr
Inventories - Work In Process, Total	50L	-	1.4Cr	1.7Cr	1.3Cr
Inventories - Finished Goods, Total	90L	1.5Cr	1.9Cr	40L	30L
Inventories - Others	10L	10L	20L	20L	10L
Full Time Employees	92	89	87	86	81

Fiscal Period: September	2020	2021	2022	2023	2024
Net Income	-2.2Cr	28Cr	-2.9Cr	14Cr	29Cr
Depreciation & Amortization - CF	5.1Cr	4.8Cr	3.3Cr	3.7Cr	3.8Cr
Amortization of Goodwill and Intangible Assets - (CF)	3Cr	1.9Cr	1.9Cr	1.9Cr	1.6Cr
Depreciation & Amortization, Total	8.1Cr	6.7Cr	5.2Cr	5.6Cr	5.4Cr
(Gain) Loss From Sale Of Asset	20Cr	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-80L	80L	-	9.4Cr	13Cr
(Income) Loss On Equity Investments - (CF)	2.7Cr	1.2Cr	-1.3Cr	-1.1Cr	-1.8Cr
Other Operating Activities, Total	-9.7Cr	3.7Cr	-15Cr	5.1Cr	-9Cr
Change In Accounts Receivable	-25Cr	13Cr	47Cr	-1.2Cr	-2Cr
Change In Inventories	-	-	-2.4Cr	1.2Cr	-40L
Change In Accounts Payable	12Cr	-5.2Cr	-90L	11Cr	1.5Cr
Change in Other Net Operating Assets	2.9Cr	-4.5Cr	4.7Cr	-80L	-70L
Cash from Operations	8.4Cr	45Cr	34Cr	43Cr	35Cr
Capital Expenditure	-10L	-10L	-80L	-50L	-70L
Cash Acquisitions	-	-80L	-	-	-
Sale (Purchase) of Intangible assets	-9.4Cr	-2.4Cr	-1.7Cr	-2.7Cr	-4Cr
Investment in Marketable and Equity Securities, Total	-	-23Cr	-12Cr	-	9.5Cr
Net (Increase) Decrease in Loans Originated / Sold - Investing	-2.4Cr	30L	70L	90L	-
Other Investing Activities, Total	-2.3Cr	-5.8Cr	-6.4Cr	-5.3Cr	12Cr
Cash from Investing	-14Cr	-32Cr	-20Cr	-7.6Cr	16Cr
Short Term Debt Issued, Total	-	7Cr	8Cr	-	-
Long-Term Debt Issued, Total	50Cr	-	-	-	-
Total Debt Issued	50Cr	7Cr	8Cr	-	-
Long-Term Debt Repaid, Total	-9.8Cr	-12Cr	-12Cr	-12Cr	-11Cr
Total Debt Repaid	-9.8Cr	-12Cr	-12Cr	-12Cr	-11Cr
Issuance of Common Stock	20L	10L	-	-	-
Repurchase of Common Stock	-4.3Cr	-	-	-	-
Common Dividends Paid	-	-	-	-2.2Cr	-5.5Cr
Common & Preferred Stock Dividends Paid	-	-	-	-2.2Cr	-5.5Cr
Other Financing Activities, Total	-	10L	-	-10L	-10L
Cash from Financing	36Cr	-5Cr	-4.2Cr	-14Cr	-16Cr
Miscellaneous Cash Flow Adjustments	10L	-10L	-	-10L	-10L
Net Change in Cash	30Cr	7.6Cr	10Cr	22Cr	35Cr
Supplemental Items
Cash Interest Paid	30L	40L	30L	30L	40L
Cash Income Tax Paid (Refund)	9.8Cr	-3.4Cr	15Cr	-4.8Cr	9.1Cr
Levered Free Cash Flow	-13Cr	43Cr	34Cr	38Cr	22Cr
Unlevered Free Cash Flow	-12Cr	43Cr	34Cr	38Cr	22Cr
Change In Net Working Capital	23Cr	-21Cr	-34Cr	-22Cr	2.2Cr
Net Debt Issued / Repaid	40Cr	-5.2Cr	-4.2Cr	-12Cr	-11Cr

Fiscal Period: September	2020	2021	2022	2023	2024
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	1.63T	57.4
EBITA, 1 Yr. Growth %	-11.97	32.89	-105.61	-1.51T	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	-1.16T	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