Information & Communication · Fiscal year end Mar 31

Ryoyu Systems Co., Ltd.

4685

株式会社菱友システムズ

FIGI BBG000BYYM064685.T4685 JPCorp. no. 3010401031664

Latest half-year results

First half · fiscal year to 2026-03 · filed 2025-11-12

For the first half of the fiscal year to 2026-03: Revenue ¥20 billion (+14.7% YoY), Ordinary income ¥2.3 billion (+21.5% YoY), Net income ¥1.6 billion (+28.2% YoY).

	This period	Year on year
Revenue	¥20.0bn	+14.7%
Ordinary profit	¥2.3bn	+21.5%
Net profit to owners	¥1.6bn	+28.2%

From the securities report on EDINET, which states no forecast. History via /v1/companies/4685/earnings-releases.

Financials

Japan GAAP · consolidated · fiscal year to 2026-03-31

Revenue: ¥43.2bn
Net income: ¥3.9bn
ROE: 18.9%
Equity ratio: 68.9%
Dividend / share: ¥140
Employees: 2,006

Revenue · ¥bn

Net income · ¥bn

Fiscal year	Revenue	Net income	Total assets	Net assets	ROE	EPS	Operating CF
2026-03-31	¥43.2bn	¥3.9bn	¥32.2bn	¥24.0bn	18.9%	¥306.66	¥4.0bn
2025-03-31	¥42.8bn	¥3.4bn	¥30.2bn	¥20.7bn	18.8%	¥265.56	¥3.0bn
2024-03-31	¥37.1bn	¥2.4bn	¥26.8bn	¥18.2bn	15.4%	¥189.88	¥4.1bn
2023-03-31	¥33.1bn	¥1.8bn	¥23.0bn	¥15.8bn	13.2%	¥144.38	−¥0.4bn
2022-03-31	¥30.3bn	¥1.6bn	¥21.9bn	¥14.4bn	12.5%	¥124.59	¥2.4bn

Indicators

Computed by us from filings · fiscal year to 2026-03-31

Metric	Value	Percentile among listed companies
ROE, %	18.9	86.3
Ordinary margin	0.13	78.4
Equity ratio, %	68.9	72.7
Revenue growth	0.0109	30
Net income growth	0.1558	52
Operating cash flow / assets	0.1227	82.5

Policy-uncertainty measure0.85 Share of the report's text discussing policy-related uncertainty, by policy area. Proprietary text method.

Trade & tariffs 1

Ownership activity 0 filer(s) stated they may make proposals in 365 days; 0 new 5% holder(s) in 180 days; net stake change 0.00pt in 90 days; 0.5% held by other listed companies.

Results wording balance: +1.00. Proprietary text method; it describes the wording only and does not interpret context.

Via /v1/companies/4685/indicators. Descriptive figures, not a rating and not investment advice.

From other filings

As the company states them

Internal control, 2026-06-23: see filing 上記の評価の結果、当事業年度末日時点において、当社グループの財務報告に係る内部統制は有効であると判断しました。 Filing

Ownership changes

All companies →

2025-04-23

Below 5%−1.04pt

Hikari Tsushin K.K. cut holdings in Ryoyu Systems Co., Ltd. (4685) to 4.98% from 6.02%, below the 5% threshold.

S100VNCTFiler profile Original filing (PDF, Japanese)
2025-03-31

Decrease−1.13pt

Hikari Tsushin K.K. reduced holdings in Ryoyu Systems Co., Ltd. (4685) to 6.02% from 7.15%.

S100VGO1Filer profile Original filing (PDF, Japanese)
2025-03-04

Decrease−1.02pt

Hikari Tsushin K.K. reduced holdings in Ryoyu Systems Co., Ltd. (4685) to 7.15% from 8.17%.

S100VAZSFiler profile Original filing (PDF, Japanese)
2025-01-28

Decrease−1.00pt

Hikari Tsushin K.K. reduced holdings in Ryoyu Systems Co., Ltd. (4685) to 8.17% from 9.17%.

S100V4OKFiler profile Original filing (PDF, Japanese)
2022-03-04

Amendment0.00pt

Hikari Tsushin K.K. filed a correction to a 5% report on Ryoyu Systems Co., Ltd. (4685).

S100NM1CFiler profile Original filing (PDF, Japanese)
2021-11-29

Increase+0.58pt

Hikari Tsushin K.K. raised holdings in Ryoyu Systems Co., Ltd. (4685) to 9.17% from 8.59%.

S100MYJSFiler profile Original filing (PDF, Japanese)

Trades by 5% holders

From the 60-day trade tables in 5% reports

Bought SoldHover a dot for the trade

Holder	Period	Net shares	Net % of shares	Avg. filed price	Range
光通信株式会社	2022-01-11 – 2025-04-16	-157,000	−2.42pt	¥6,580.53	¥5,843–6,971
株式会社エスアイエル	2022-01-11 – 2025-02-12	-39,500	−0.61pt	—	—
株式会社UH Partners 2	2021-09-21 – 2025-01-24	-11,300	−0.17pt	¥5,728.5	¥5,361–5,851

Net shares and the average are our calculations. Prices are filed prices as stated by the filer, mostly for off-market trades; they are not market prices. Stock lending, custody transfers and option exercises are excluded from net shares. Every row via /v1/companies/4685/trades.

5% filings

Large shareholding reports on 4685

Filed	Filer	Stake	Change	Stated purpose
2025-04-23	Hikari Tsushin K.K.	4.98%	−1.04pt	pure investment
2025-03-31	Hikari Tsushin K.K.	6.02%	−1.13pt	pure investment
2025-03-04	Hikari Tsushin K.K.	7.15%	−1.02pt	pure investment
2025-01-28	Hikari Tsushin K.K.	8.17%	−1.00pt	pure investment
2022-03-04	Hikari Tsushin K.K.	9.17%	0.00pt	pure investment
2022-01-18	Hikari Tsushin K.K.	9.17%	0.00pt	pure investment
2021-11-29	Hikari Tsushin K.K.	9.17%	+0.58pt	pure investment

Cross-shareholdings

From the annual report's status of shareholdings

Listed strategic holdings: 2 issues
Book value: ¥816m
Sold in the year: ¥26m 2 issues
Bought in the year: ¥810m 1 issues
Mutual, both reports: 1
Held by listed cos.: 2

Holds	Book value	Shares vs. prior year	Mutual
AMIYA Corporation 4258	¥726m	—	no
Mitsubishi UFJ Financial Group, Inc. 8306	¥89m	0.0%	stated
Mitsubishi Electric Corporation 6503	—	sold all	both reports
MITSUBISHI MOTORS CORPORATION 7211	—	sold all	no

Held by: Mitsubishi Research Institute, Inc. 3636, Mitsubishi Electric Corporation 6503

Purposes, all holdings and mutual flags via /v1/companies/4685/cross-holdings. Share changes include stock splits.

Major shareholders

As of fiscal year end 2026-03-31

Shareholder	Shares	Ratio
三菱重工業株式会社	3,980,200	31.21%
菱友社員持株会	2,606,100	20.43%
individual holder	380,000	2.98%
株式会社日本カストディ銀行（信託口）	311,800	2.44%
株式会社三菱ＵＦＪ銀行	310,000	2.43%
STATE STREET BANK AND TRUST COMPANY 505044	175,000	1.37%
光通信ＫＫ投資事業有限責任組合	148,600	1.17%
individual holder	140,000	1.10%
明治安田生命保険相互会社	113,000	0.89%
ダイヤモンドオフィスサービス株式会社	113,000	0.89%

U.S. funds holding 4685

SEC Form N-PORT, reports to 2026-07-31

8 U.S. funds held 36,800 shares worth $0.7m.

Fund	Shares	Value	% of fund	As of
INTERNATIONAL CORE EQUITY 2 PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC	10,100	$0.2m	0.000%	2026-07-31
Avantis International Small Cap Value ETF American Century ETF Trust	9,200	$0.2m	0.001%	2026-05-31
WisdomTree Japan SmallCap Dividend Fund WisdomTree Trust	8,500	$0.1m	0.038%	2026-06-30
Dimensional International Core Equity 2 ETF Dimensional ETF Trust	3,400	$0.1m	0.000%	2026-07-31
Dimensional International Core Equity Market ETF Dimensional ETF Trust	3,200	$0.1m	0.000%	2026-07-31

Up to 25 funds per stock via the API.

Get this as JSON

GET /v1/companies/4685
GET /v1/companies/4685/financials
GET /v1/companies/4685/details
GET /v1/companies/4685/segments
GET /v1/companies/4685/voting
GET /v1/companies/4685/tender-offers
GET /v1/companies/4685/indicators
GET /v1/companies/4685/earnings-releases
GET /v1/events?ticker=4685
GET /v1/companies/4685/trades         
GET /v1/companies/4685/cross-holdings 
GET /v1/companies/4685/brief

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