Company profile

Welby Inc.

EDINET
E34721
Securities
4438
Industry
Information & Communication
Latest annual securities report
2026-03-31 Annual Securities Report PDF HTML
Latest financial report
2026-08-14 Semiannual Securities Report PDF HTML
Latest filing
—
Compare this company

Industry position

Information & Communication

View details
Profitability Weak Current Bottom 2% 5-year trend Broadly stable
Financial strength Weak Based on Equity ratio Current Bottom 10% 5-year trend Deteriorating
Growth Weak Current Bottom 22% 5-year trend Deteriorating
Cash generation Weak Current Bottom 2% 5-year trend Broadly stable

Latest half-year results

H1 FY2026

2026/01/01 - 2026/06/30

Standalone · Japanese GAAP · Cumulative YTD

For H1 FY2026, revenue was ¥376.17 million, up 30.7% year over year. Operating income was -¥256.53 million, down 2.7% year over year. Net income was -¥238.75 million, down 1.0% year over year.

Revenue ¥376.17M up 30.7% year over year
Operating income -¥256.53M down 2.7% year over year
Net income -¥238.75M down 1.0% year over year
Operating cash flow -¥178.28M
Free cash flow -¥265.58M
Total assets ¥844.13M

Half-year trend

Half-year financial trend

H1 values are cumulative year-to-date.

H2 values are calculated when comparable.

Standalone · Japanese GAAP · Cumulative YTD

Mode

Half-year financial data

Annual key financial indicators

FY2025

Standalone Japanese GAAP

Revenue reached ¥522.65 million, up 7.4% year over year. Operating income was -¥378.77 million, up 14.1% year over year. Operating margin was -72.5%. Net income was -¥539.69 million, up 32.9% year over year. ROE was -169.5%; equity ratio was 26.5%; free cash flow was -¥435.05 million.

Revenue ¥522.65M up 7.4% year over year
Operating income -¥378.77M up 14.1% year over year
Net income -¥539.69M up 32.9% year over year
Total assets¥1.01B
Total equity—
Operating cash flow-¥329.49M
Free cash flow-¥435.05M

Industry position details

Information & Communication

Annual data for the same fiscal year and industry

Comparison sample varies by metric

Profitability Weak

Operating margin Bottom 99% / ROE Bottom 99%

Financial strength Weak
Based on Equity ratio

Equity ratio Bottom 91%

Growth Weak

Revenue growth Bottom 62% / 3-year revenue CAGR Bottom 97%

Cash generation Weak

Operating cash flow margin Bottom 100% / Free cash flow margin Bottom 99%

Profitability Industry position history Broadly stable
2025 Bottom 2% 2024 Bottom 2% 2023 Bottom 3% 2022 Bottom 31% 2021 Bottom 11%
Financial strength Industry position history Deteriorating
2025 Bottom 8% 2024 Top 44% 2023 Top 6% 2022 Top 5% 2021 Top 8%
Growth Industry position history Deteriorating
2025 Bottom 24% 2024 Bottom 4% 2023 Bottom 3% 2022 Bottom 42% 2021 Top 17%
Cash generation Industry position history Broadly stable
2025 Bottom 2% 2024 Bottom 1% 2023 Bottom 3% 2022 Bottom 13% 2021 Bottom 12%
Profitability Operating margin -72.5% Industry median 8.5% Bottom 99% Comparison sample 262
Profitability ROE -169.5% Industry median 11.1% Bottom 99% Comparison sample 262
Financial strength Equity ratio 26.5% Industry median 60.4% Bottom 91% Comparison sample 262
Growth Revenue growth +7.4% Industry median +10.0% Bottom 62% Comparison sample 245
Growth 3-year revenue CAGR -20.8% Industry median +9.3% Bottom 97% Comparison sample 196
Cash generation Operating cash flow margin -63.0% Industry median 9.2% Bottom 100% Comparison sample 262
Cash generation Free cash flow margin -83.2% Industry median 3.8% Bottom 99% Comparison sample 262

Annual financial data

Fiscal year Scope Accounting standard Revenue Operating income Ordinary income Profit before tax Net income Profit attributable to owners of parent Comprehensive income Total assets Total liabilities Net assets Shareholders' equity Equity Equity attributable to owners of parent Equity for ratio Operating cash flow Investing cash flow Financing cash flow Free cash flow Cash and cash equivalents Basic EPS P/E Share price Market cap Book value per share Dividend per share Shares issued Equity ratio Official equity ratio ROE ROA Operating margin Ordinary income margin Net margin Operating cash flow margin Free cash flow margin Dividend payout ratio Revenue YoY Operating income YoY Ordinary income YoY Profit before tax YoY Net income YoY Total assets YoY Equity YoY Operating cash flow YoY Investing cash flow YoY Financing cash flow YoY Free cash flow YoY Cash and cash equivalents YoY EPS YoY Dividend per share YoY Shares issued YoY Employees YoY Average salary YoY Employees Average salary
FY2025 Standalone Japanese GAAP 522651000 -378767000 -350122000 -539688000 -539688000 -534011000 1005159000 686682000 318476000 266160000 318476000 -329486000 -105562000 406048000 -435048000 711426000 -51.81 32.16 8275582 0.3168414151 0.265 -1.6945955111 -0.5369180398 -0.7247034828 -0.6698963553 -1.0325972781 -0.630413029 -0.8323871953 0.0742067554 0.1412970537 0.1605620836 0.3292493317 -0.0350485951 -0.5726622798 0.4541544833 0.5524075236 -0.4170474792 0.4817581114 -0.0391666419 0.2719224283 0.0 -0.1818181818 -0.0968056572 36 7408000
FY2024 Standalone Japanese GAAP 486546000 -441092000 -417091000 -804603000 -804603000 -819751000 1041668000 296411000 745256000 694933000 745256000 -603625000 -235844000 696537000 -839469000 740426000 -71.16 83.97 8275582 0.7154448442 0.667 -1.0796330388 -0.7724178913 -0.9065782064 -0.8572488521 -1.6537038636 -1.2406329515 -1.7253640971 -0.1540287203 -0.0713267351 -0.0299433284 -0.5923651462 0.1762750335 -0.0705607395 -2.4626416177 -1.0618077229 1.0411280846 -1.9076345978 -0.161805293 -0.1826491607 0.0565292105 -0.1020408163 0.05600618 44 8202000
FY2023 Standalone Japanese GAAP 575133000 -411725000 -404965000 -505288000 -505288000 -505288000 885565000 83731000 801834000 774336000 801834000 -174325000 -114387000 341251000 -288712000 883358000 -60.17 -11.1 102.37 7832800 0.9054490636 0.874 -0.6301653459 -0.5705826224 -0.7158778926 -0.7041240896 -0.8785585247 -0.3031038038 -0.5019917132 -0.4527723279 -7.7598962352 -6.4991784468 -15.9012946415 -0.3654211059 -0.3706752436 -0.527665802 -15.2412324294 40.0492047145 -1.3829969873 0.0632363207 -14.896073903 0.0 0.225 0.0654320988 49 7767000
FY2022 Standalone Japanese GAAP 1050994000 60907000 73641000 33909000 1395516000 121398000 1274118000 1245604000 1274118000 -114112000 -7043000 -8739000 -121155000 830820000 4.33 84.1 364.153 2852337618.400 162.67 7832800 0.9130085216 0.893 0.0266137045 0.024298539 0.0579518056 0.0700679547 0.0322637427 -0.1085753106 -0.1152765858 -0.0774191113 1.5384091793 1.6714719479 1.2594911039 0.0010099648 0.0117845305 -0.1893232722 0.7961917991 -0.2239495798 0.071637651 -0.1352074911 1.2595923261 0.0 -0.1111111111 -0.0164597949 40 7290000
FY2021 Standalone Japanese GAAP 1139189000 -113124000 -109671000 -130675000 1394108000 134830000 1259278000 1211694000 1259278000 -95947000 -34557000 -7140000 -130504000 960716000 -16.68 -42.1 160.77 7832800 0.9032858286 0.869 -0.1037697792 -0.093733771 -0.0993022229 -0.0962711192 -0.1147087972 -0.0842239523 -0.1145586904 0.3175237439 0.5237726381 0.5380406396 0.6299133656 -0.0829075499 -0.0723817143 0.1353789312 -0.7735180908 -1.3570714143 -0.0003756084 -0.1253185428 0.630810093 0.0 0.0 0.1037974684 45 7412000
FY2020 Standalone Japanese GAAP 864644000 -237542000 -237404000 -353093000 1520139000 162600000 1357539000 1342369000 1357539000 -110970000 -19485000 19996000 -130455000 1098361000 -45.18 -27.0 173.32 7832800 0.8930360974 0.883 -0.2600978683 -0.2322767852 -0.2747280962 -0.2745684929 -0.4083680682 -0.1283418378 -0.150877124 0.0828136193 -15.3382628116 -174.3353028065 -30.2388746351 -0.1689514767 -0.1862872207 0.3407239738 0.7678809683 -0.9534066549 0.4828652409 -0.0913782934 -29.7346938776 0.0061658617 0.0465116279 0.0780221544 45 6715000
FY2019 Standalone Japanese GAAP 798516000 16567000 -1354000 -11303000 1829182000 160854000 1668327000 1668327000 1668327000 -168321000 -83944000 429160000 -252265000 1208821000 -1.47 -1501.0 214.31 7784800 0.912061785 0.912 -0.0067750507 -0.0061792648 0.0207472361 -0.0016956454 -0.0141550075 -0.2107922697 -0.3159172765 -0.0117437392 -0.8938570751 -1.0087945492 -1.0640157222 0.3005380094 0.3418215598 -98.6571936057 -0.6553084083 61.106442577 -3.8141256846 0.1714221756 -1.0154444211 0.2647058824 43 6229000
FY2018 Standalone Japanese GAAP 808005000 156082000 153959000 176566000 1406481000 163151000 1243330000 1243330000 1243330000 -1689000 -50712000 -7140000 -52401000 1031926000 95.18 670.26 0.884000566 0.884 0.1420105684 0.1255374228 0.1931695967 0.1905421377 0.218520925 -0.0020903336 -0.0648523215 34

Source filings

Select a document type to load the filings list.

Select a filing type to load the list.

Document filter

Select filing types

Choose the filing types to display.

Filing types containing financial data are selected by default.

Source data: Financial Services Agency EDINET / Data organization, aggregation, and metric calculations: bestforever.jp