Added to YB: 2026-06-08
Pitch date: 2026-06-05
6532.T [neutral]
Baycurrent, Inc.
Author Info
JII Compounders writes about Japanese compounders, IR, capital allocation, and the gap between how companies explain themselves and how investors actually hear them. Sign up for the newsletter.
Company Info
Baycurrent, Inc., together with its subsidiaries, provides consulting services in Japan. The company offers various services, such as AI, transformation, sustainability GX, strategy and corporate finance, customer experience, digital technology, data analytics, technology innovation, global business, marketing and sales, m and a, supply chain and operations, intelligent automation, talent and organization, cost management, engineering and manufacturing, cloud, digital commerce, infrastructure, security, and managed services.
Market Cap
JPY 900.3B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
15.61
P/E
23.96
EV/Sales
5.63
Sector
Professional Services
Category
value
JII Compounders #13: BayCurrent 6532
6532.T (overview): Japan's largest independent consultancy ('Accenture for Japan'), 5,600 consultants in one-pool system. Rev 3.5x in 5yrs (28% CAGR), 34.3% op margin, 12.7x fwd EV/EBIT. ¥30B buyback (4.3% of shares) March 2026. Catalyst: cash ceiling tied to 40% of revenue not costs; switching to cost-based could free ~¥45B more today, ~¥59B by FY02/29. Still holds ¥65.7B net cash.
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