9742 INES
- Aug 23, 2025
- 1 min read
Independent SI. Developer of Webrings (WR), an information system for local governments. Strong in welfare-related system. In partnership with Mitsubishi Research Institute.
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Independent SI. Developer of Webrings (WR), an information system for local governments. Strong in welfare-related system. In partnership with Mitsubishi Research Institute.
"Hidden Gem in Japan’s IT sector $9742.T (INES) is cash-rich, cheap, and quietly attracting activist interest
10-year EBIT CAGR ≈ 6% despite lumpy revenue You’re getting a growing, cash-backed business at a discount.
Effissimo Capital owns 10.3% — leading Japanese Activist Mitsubishi Research owns 19.5%"
https://x.com/TheLongHappy/status/1955466795017703830
at 1738 yen/share, 36.3 bil yen mkt cap vs 14 bil yen net cash
12.9x per / 0.95x pbr / 3.45% yield