JustSystems Corporation
JustSystems Corporation plans, develops, and provides software and related services primarily in Japan. It provides Advanced Technology of Kana-Kanji transfer, a Japanese language input system for writing text in Japanese; SMILE ZEMI, an e-learning system for elementary school students for study using a dedicated tablet device; and JUST.SFA, a sales support tool that realizes continuous growth fo… Read more
JustSystems Corporation (JSY) - Net Assets
Latest net assets as of September 2025: €112.54 Billion EUR
Based on the latest financial reports, JustSystems Corporation (JSY) has net assets worth €112.54 Billion EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€132.41 Billion) and total liabilities (€19.87 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €112.54 Billion |
| % of Total Assets | 84.99% |
| Annual Growth Rate | 13.76% |
| 5-Year Change | 71.96% |
| 10-Year Change | 247.97% |
| Growth Volatility | 5.14 |
JustSystems Corporation - Net Assets Trend (2014–2025)
This chart illustrates how JustSystems Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for JustSystems Corporation (2014–2025)
The table below shows the annual net assets of JustSystems Corporation from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | €105.02 Billion | +11.73% |
| 2024-03-31 | €94.00 Billion | +12.34% |
| 2023-03-31 | €83.68 Billion | +17.36% |
| 2022-03-31 | €71.30 Billion | +16.74% |
| 2021-03-31 | €61.07 Billion | +20.22% |
| 2020-03-31 | €50.80 Billion | +20.53% |
| 2019-03-31 | €42.15 Billion | +4.48% |
| 2018-03-31 | €40.34 Billion | +11.53% |
| 2017-03-31 | €36.17 Billion | +19.85% |
| 2016-03-31 | €30.18 Billion | +9.47% |
| 2015-03-31 | €27.57 Billion | +8.37% |
| 2014-03-31 | €25.44 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to JustSystems Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2481.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €82.69 Billion | 78.73% |
| Other Components | €22.34 Billion | 21.27% |
| Total Equity | €105.02 Billion | 100.00% |
JustSystems Corporation Competitors by Market Cap
The table below lists competitors of JustSystems Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kaufman Et Broad
PA:KOF
|
$426.76 Million |
|
SUNeVision Holdings Ltd
STU:VI6
|
$427.12 Million |
|
Mystate Ltd
AU:MYS
|
$427.20 Million |
|
Puyang Huicheng Electronic Material Co Ltd
SHE:300481
|
$427.24 Million |
|
Beijing Dynamic Power Co Ltd
SHG:600405
|
$426.56 Million |
|
FL ENTERTAINMENT N.V. EO1
F:H98
|
$426.43 Million |
|
Banijay Group NV
AS:BNJ
|
$426.43 Million |
|
CSSC(HK)SHIPPING CO.LTD
F:3LL
|
$426.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in JustSystems Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 94,002,000,000 to 105,024,000,000, a change of 11,022,000,000 (11.7%).
- Net income of 12,327,000,000 contributed positively to equity growth.
- Dividend payments of 1,283,000,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €12.33 Billion | +11.74% |
| Dividends Paid | €1.28 Billion | -1.22% |
| Other Changes | €-22.00 Million | -0.02% |
| Total Change | €- | 11.73% |
Book Value vs Market Value Analysis
This analysis compares JustSystems Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.01x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | €563.23 | €19.20 | x |
| 2018-03-31 | €628.15 | €19.20 | x |
| 2019-03-31 | €656.29 | €19.20 | x |
| 2020-03-31 | €791.02 | €19.20 | x |
| 2021-03-31 | €950.95 | €19.20 | x |
| 2022-03-31 | €1110.18 | €19.20 | x |
| 2023-03-31 | €1302.88 | €19.20 | x |
| 2024-03-31 | €1463.66 | €19.20 | x |
| 2025-03-31 | €1635.28 | €19.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently JustSystems Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.74%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.67%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.15x
- Recent ROE (11.74%) is below the historical average (13.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 11.08% | 16.65% | 0.55x | 1.20x | €275.70 Million |
| 2015 | 10.56% | 16.72% | 0.52x | 1.20x | €154.80 Million |
| 2016 | 8.89% | 15.61% | 0.47x | 1.21x | €-336.20 Million |
| 2017 | 11.77% | 20.94% | 0.48x | 1.18x | €640.41 Million |
| 2018 | 11.30% | 18.94% | 0.51x | 1.18x | €526.22 Million |
| 2019 | 14.73% | 21.68% | 0.57x | 1.19x | €2.00 Billion |
| 2020 | 18.28% | 25.44% | 0.57x | 1.26x | €4.21 Billion |
| 2021 | 17.94% | 26.61% | 0.55x | 1.23x | €4.85 Billion |
| 2022 | 17.06% | 29.19% | 0.48x | 1.21x | €5.04 Billion |
| 2023 | 16.02% | 31.95% | 0.42x | 1.19x | €5.03 Billion |
| 2024 | 12.38% | 28.39% | 0.38x | 1.16x | €2.24 Billion |
| 2025 | 11.74% | 27.67% | 0.37x | 1.15x | €1.82 Billion |
Industry Comparison
This section compares JustSystems Corporation's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $3,041,068,842,467
- Average return on equity (ROE) among peers: 9.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| JustSystems Corporation (JSY) | €112.54 Billion | 11.08% | 0.18x | $426.67 Million |
| ADYEN N.V. EO-01 (1N8) | $868.32 Million | 26.98% | 2.00x | $26.45 Billion |
| Endava plc (2Y5) | $639.46 Million | 2.68% | 0.59x | $150.99 Million |
| 3QG0 (3QG0) | $792.78K | -57.41% | 0.26x | $1.33K |
| EML Payments Ltd (A8Y1) | $119.21 Million | 0.07% | 0.26x | $105.37 Million |
| Amdocs Limited (AOS) | $3.41 Billion | 13.10% | 0.56x | $6.26 Billion |
| Circus SE (CA1) | $3.00 Million | -506.96% | 5.53x | $93.85 Million |
| PT GoTo Gojek Tokopedia Tbk (CK8) | $30.40 Trillion | -16.95% | 0.42x | $2.10 Billion |
| Cyan AG (CYR) | $219.31K | 629.46% | 12.30x | $23.39 Million |
| Intellistake Technologies Corp. (E41) | $-1.62 Million | 0.00% | 0.00x | $57.79 Million |
| Enea AB (publ) (EED5) | $1.85 Billion | 7.73% | 0.37x | $65.43 Million |