Added to YB: 2026-08-05
Pitch date: 2026-08-03
3640.T [neutral]
Densan Co., Ltd.
-3.23%
current return
Author Info
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Company Info
Densan Co., Ltd. operates as an information service company in Japan. It operates through Public Sector and Industrial Sector segments.
Market Cap
JPY 14.8B
Pitch Price
JPY 2.7K
Price Target
N/A
Dividend
N/A
EV/EBITDA
1.04
P/E
3.17
EV/Sales
0.31
Sector
Professional Services
Category
value
Monday Delight: 03/08/2026 - Densan Co., Ltd.
3640.T (quick overview): 60yr Nagano IT co running core admin systems for 168 municipalities on Reams ERP. Best year ever: rev +49%, op profit +150%, ROE 31%. Gov 'Government Cloud' migration pushed out weak vendors. Trades 0.8x NAV, ~8x guided EPS, ~1/3 cap net cash. First buyback (4.6%), 2x div, poison pill gone. FY27 guide -61% ordinary profit. Risks: pricing power stickiness post-boom, 80yr-old president w/ no successor, idle cash.
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