TICKER 8056.T
ISIN JP3754200008
Market cap. JPY
499,002,403,822
Shs outstanding 97,423,351
Biprogy Inc. provides information technology (IT) solutions in Japan. The company operates through five segments: System Services, Support Services, Outsourcing, Software, and Hardware. It offers contracted software development; technology support and ICT strategy consulting services; and support services, such as software and hardware maintenance, and installation support. The company also engages in the sale and rental of computer and network systems; and cloud computing and outsourcing businesses. In addition, it provides CRM/customer channel, business intelligence, SRM/electronic purchasing, SCM/logistics, energy management/environment, office communication, enterprise education, ERP/enterprise resource management, and regional revitalization solutions. Further, the company offers ICT infrastructure solutions and services; hardware, middleware, and related services; and business process restructuring, ICT visualization, construction, implementation, maintenance, operation, and training services. It provides solutions for various industries, including financial services, engineering, distribution, transportation, central and local governments, healthcare, leasing, telecommunications, media, education, and social insurance. The company was formerly known as Nihon Unisys, Ltd. and changed its name to Biprogy Inc. in April 2022. Biprogy Inc. was founded in 1947 and is headquartered in Tokyo, Japan.

Strategy:

Return at exit: -13.2%
Recent underperformance despite solid fundamentals
• Rotated out as our model identified alternatives with stronger near-term momentum profiles. • Declining share price trend (-9.4% over three months) despite 10.4% revenue growth suggests waning market confidence. • Analysts have recently lowered price targets (Nomura to ¥6,000 from ¥6,100; JPMorgan to ¥5,500 from ¥6,200), indicating shifting sentiment. • Profitability metrics (9.8% operating margin, 10% ROA) remain solid but may lag sector leaders in the current competitive landscape. • Company maintains positive attributes including 11.6% EBITDA growth and healthy dividend (2.2% yield with 14.3% growth), suggesting enduring operational strength. • This change reflects portfolio rotation, not a sell signal.