# ACMOS INC.: business model and financials

> Latest period: FY ending Jun 2026, consolidated, J-GAAP
> Unit: JPY millions
> Sources: 有価証券報告書－第35期(2025/07/01－2026/06/30) (S100Z3H2)
> Page: https://vizora.meequs.com/en/company/acmos
> Retrieved: 2026-09-30T18:28:22.925Z

## Company

Acmos, founded in 1991, is a company in Cloud & Data Centers listed on TSE Standard. It has 546 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | ACMOS INC. |
| Ticker | 6888 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/6888.T) |
| Listing | TSE Standard |
| Head office | 東京都港区虎ノ門一丁目21番19号 |
| Representative (per filing) | 代表取締役 飯島秀幸 |
| Founded | Aug 1991 |
| Share capital | ¥693.3M |
| Employees (consolidated) | 546 |
| Average salary (parent only) | ¥5.2M |
| Fiscal year end | June |
| Website | www.acmos.co.jp (https://www.acmos.co.jp/) |
| Corporate number | 8010001009651 |
| EDINET | E02324 |
| Industries (Vizora) | Cloud & Data Centers, IT Services & System Integration, Business Process Outsourcing |

> Profile source: annual securities report (S100Z3H2, filed 2026-09-24). As of filing

## Five-axis industry profile

Primary industry: IT Services & System Integration (2026-06-30)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Revenue growth | 65.9 | 157 |
| Profitability | 35.5 | 196 |
| Cash conversion | 42.4 | 185 |
| Efficiency | 55.9 | 196 |

Each axis is shown independently. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

## Key points (generated from figures)

- About 64% of Acmos's sales come from IT solution, with IT service and IT infrastructure making up much of the rest.
- Out of every ¥100 of sales, about ¥7 is left as operating profit.
- Revenue changed +16.8% from the prior year, operating profit -10.2%.

## Company structure

- Segment revenue mix: IT solution 63.9%、IT service 18.4%、IT infrastructure 17.8%
- Revenue → net income: ¥7499453000 → ¥329815000
- Net income → operating cash flow: ¥329815000 → ¥406299000（difference ¥76484000）
- Main uses of operating cash flow: CapEx ¥70916000 / dividends ¥247683000 / buybacks —
- Change in cash: ¥134254000
Segment shares use total reported segment revenue, which may include inter-segment sales. The cash bridge is operating cash flow minus net income and combines non-cash items and working-capital effects.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Revenue | ¥7.5B |  |
| Operating income | ¥524.3M | Margin 7.0% |
| Net income | ¥316.5M | Margin 4.2% |
| Free cash flow | ¥335.4M |  |
| Largest business | IT solution | of segment revenue 63.9% |
| Employees (consolidated) | 546 |  |
| EPS | ¥28.86 |  |
| Book value per share | ¥298.51 |  |
| Equity ratio | 59.0% |  |
| Shares outstanding | 10,215,400 |  |
| Treasury shares | 267,300 |  |
| Shareholders | 7,734 |  |
| Average salary (parent only) | ¥5.2M | Filing company only |
| Cash ratio | 50.3% | Cash ÷ revenue 39.1% |
| Vs. industry median margin | -1.9 pp | IT Services & System Integration |
| ROE | 9.3% | Derived from disclosed figures |
| ROA | 5.6% | Derived from disclosed figures |

## Notable figures

- FY2026, cash is 50% of total assets

## What changed in 5 years

| Metric | FY ending Jun 2021 | FY ending Jun 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥4526256000 | ¥7499453000 | +65.7% |
| Operating income | ¥500358000 | ¥524327000 | +4.8% |
| Operating margin | 11.1% | 7.0% | -4.1 pp |
| Employees | 405 people | 546 people | +34.8% |
| Cash and equivalents | ¥2300999000 | ¥2929759000 | +27.3% |

### Change in segment revenue mix

Span: FY ending Jun 2021 → FY ending Jun 2026. Stable segment keys are connected; unmatched shares are marked as new or reorganized. Shares use total segment revenue.

| Flow | Revenue share |
| --- | ---: |
| ITソリューション事業 → ITソリューション事業 | 63.9% |
| ITソリューション事業 → 事業再編・廃止 | 29.1% |
| ITサービス事業 → ITサービス事業 | 7.1% |
| 新設・再編 → ITインフラ事業 | 17.8% |
| 新設・再編 → ITサービス事業 | 11.3% |

Segment revenue source references: 5 (derived)

## Business growth × margin

X-axis: segment revenue CAGR. Y-axis: latest operating margin. Bubble size: latest revenue. CAGR requires at least two comparable years.

| Segment | CAGR span | Revenue CAGR | Latest revenue | Operating margin | Source refs |
| --- | ---: | ---: | ---: | ---: | ---: |
| IT solution | 5 years | +2.6% | ¥4790276000 | 7.0% | 2 |
| IT service | 5 years | +33.9% | ¥1376366000 | 3.3% | 2 |
| IT infrastructure | 4 years | +11.7% | ¥1332809000 | 15.9% | 2 |

## Income statement（FY ending Jun 2026, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 7,499 | 100.0% | S100Z3H2 |
| Cost of revenue | 5,094 | 67.9% | S100Z3H2 |
| Gross profit | 2,406 | 32.1% | S100Z3H2 |
| SG&A | 1,881 | 25.1% | S100Z3H2 |
| Operating income | 524 | 7.0% | S100Z3H2 |
| Ordinary income | 529 | 7.1% | S100Z3H2 |
| Pretax income | 525 | 7.0% | S100Z3H2 |
| Income tax | 195 | 2.6% | S100Z3H2 |
| Net income | 330 | 4.4% | S100Z3H2 |
| Net income attributable to owners | 316 | 4.2% | S100Z3H2 |

## Per ¥100 of revenue（FY ending Jun 2026）

| Part | JPY |
| --- | ---: |
| Cost of revenue | 68 |
| SG&A | 25 |
| Operating income | 7 |
| (Ref.) Net income | 4 |

### Margin funnel

Gross margin 32.1% → Operating margin 7.0% → Net margin 4.2%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue up, profit down
Revenue growth: +16.8%; Core profit growth: -10.2%
Growth quality: revenue-led
Operating leverage (core profit growth ÷ revenue growth): -0.61×
Calculated from comparable annual consolidated filings.

## Year over year（FY ending Jun 2025 → FY ending Jun 2026、JPY mn）

| Metric | Prior | Current | Change | % change |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 6,422 | 7,499 | 1,078 | +16.8% |
| Gross profit | 2,308 | 2,406 | 97 | +4.2% |
| Operating income | 584 | 524 | -60 | -10.2% |
| Net income attributable to owners | 386 | 316 | -70 | -18.0% |
| Operating cash flow | 257 | 406 | 150 | +58.3% |
| Free cash flow | 218 | 335 | 117 | +53.9% |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Jun 2020 | 4,881 | 517 | 10.6% | 335 | 453 | 378 | S100MI94 |
| FY ending Jun 2021 | 4,526 | 500 | 11.1% | 359 | 290 | 264 | S100P8J5 |
| FY ending Jun 2022 | 4,615 | 473 | 10.2% | 304 | 359 | 328 | S100RXFN |
| FY ending Jun 2023 | 5,867 | 650 | 11.1% | 419 | 627 | 495 | S100UFRY |
| FY ending Jun 2024 | 6,230 | 660 | 10.6% | 423 | 348 | 237 | S100WQFV |
| FY ending Jun 2025 | 6,422 | 584 | 9.1% | 386 | 257 | 218 | S100Z3H2 |
| FY ending Jun 2026 | 7,499 | 524 | 7.0% | 316 | 406 | 335 | S100Z3H2 |

## People and productivity（FY ending Jun 2026, consolidated, J-GAAP）

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥13.7M |
| Operating income per employee (consolidated) | ¥960.3K |
| Net income per employee (consolidated) | ¥579.6K |

Employees, revenue and profit are consolidated. Average annual salary is a separate parent-company figure. Calculated from disclosed figures (DERIVED).

| History | FY ending Jun 2022 | FY ending Jun 2023 | FY ending Jun 2024 | FY ending Jun 2025 | FY ending Jun 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Employees (consolidated) | 420 | 411 | 456 | 490 | 546 |
| Average salary (parent company) | ¥5M | ¥5.2M | ¥4.9M | ¥4.9M | ¥5.2M |
| Average age (parent company) | 37.6 years | 36.7 years | 36.4 years | 36.3 years | 36.4 years |
| Average tenure (parent company) | 13.0 years | 12.4 years | 12.2 years | 11.8 years | 11.7 years |

Year over year: Employees (consolidated) +11.4% · Revenue (consolidated) +16.8%

## Segments（FY ending Jun 2026, consolidated, J-GAAP、JPY mn）

| Segment | Revenue | Share | Op. income | Op. margin |
| --- | ---: | ---: | ---: | ---: |
| IT solution | 4,790 | 63.9% | 335 | 7.0% |
| IT infrastructure | 1,333 | 17.8% | 213 | 15.9% |
| IT service | 1,376 | 18.4% | 45 | 3.3% |

### segmentMix — Revenue and profit mix

Calculated from disclosed figures (DERIVED). Shares use total segment revenue and total positive segment profit respectively. Difference = profit share − revenue share (pt). Inter-segment sales may prevent reconciliation to company revenue.

| Segment | Revenue share | Profit share | Difference (pt) | Margin |
| --- | ---: | ---: | ---: | ---: |
| IT solution | 63.9% | 56.5% | -7.4 | 7.0% |
| IT infrastructure | 17.8% | 35.9% | 18.1 | 15.9% |
| IT service | 18.4% | 7.7% | -10.7 | 3.3% |

Segment → industry: IT infrastructure → Cloud & Data Centers / IT service → IT Services & System Integration / IT infrastructure → IT Services & System Integration / IT solution → IT Services & System Integration / IT service → Business Process Outsourcing

## Revenue by geography

No geographic revenue breakdown was disclosed.

## Cash flow（FY ending Jun 2026, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Operating cash flow | 406 | 5.4% | S100Z3H2 |
| Capital expenditure | 71 | 0.9% | S100Z3H2 |
| Free cash flow | 335 | 4.5% | 算出 |
| Investing cash flow | -200 | -2.7% | S100Z3H2 |
| Financing cash flow | -73 | -1.0% | S100Z3H2 |
| Dividends paid | 248 | 3.3% | S100Z3H2 |
| Change in cash | 134 | 1.8% | S100Z3H2 |
| Cash and equivalents | 2,930 | 39.1% | S100Z3H2 |

## Balance sheet

Figures are as of each fiscal year end. Derived values are marked as such in the source column. Lease liabilities are excluded from interest-bearing debt.

| Metric | FY ending Jun 2022 | FY ending Jun 2023 | FY ending Jun 2024 | FY ending Jun 2025 | FY ending Jun 2026 | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | 2,721 | 3,017 | 2,935 | 2,796 | 2,930 | S100UFRY, S100WQFV, S100Z3H2 |
| Total assets | 4,594 | 5,114 | 5,261 | 5,379 | 5,825 | S100RXFN, S100UFRY, S100WQFV, S100Z3H2 |
| Net assets | 2,797 | 3,091 | 3,460 | 3,667 | 3,707 | S100UFRY, S100WQFV, S100Z3H2 |
| Share capital | 693 | 693 | 693 | 693 | 693 | S100RXFN, S100UFRY, S100WQFV, S100Z3H2 |
| Trade receivables | 752 | 799 | 840 | 1,018 | — | S100RXFN, S100UFRY, S100WQFV |
| Property, plant and equipment | 192 | 248 | 287 | 281 | 288 | S100RXFN, S100UFRY, S100WQFV, S100Z3H2 |
| Intangible assets excluding goodwill | 58 | 79 | 243 | 222 | 405 | S100RXFN, S100UFRY, S100WQFV, S100Z3H2 |
| Goodwill | 20 | 15 | 202 | 181 | 362 | S100RXFN, S100UFRY, S100WQFV, S100Z3H2 |
| Investment securities | 27 | 29 | 50 | 19 | 30 | S100RXFN, S100UFRY, S100WQFV, S100Z3H2 |
| Current assets | 4,060 | 4,447 | 4,418 | 4,587 | 4,814 | S100RXFN, S100UFRY, S100WQFV, S100Z3H2 |
| Current liabilities | 1,318 | 1,610 | 1,430 | 1,421 | 2,053 | S100RXFN, S100UFRY, S100WQFV, S100Z3H2 |
| Short-term borrowings | 135 | 135 | 135 | 75 | 375 | S100RXFN, S100UFRY, S100WQFV, S100Z3H2 |
| Long-term borrowings | 438 | 375 | 326 | 252 | 16 | S100RXFN, S100UFRY, S100WQFV, S100Z3H2 |
| Total liabilities | 1,797 | 2,022 | 1,801 | 1,712 | 2,118 | S100RXFN, S100UFRY, S100WQFV, S100Z3H2 |
| Non-controlling interests | 242 | 255 | 295 | 304 | 269 | S100RXFN, S100UFRY, S100WQFV, S100Z3H2 |
| Equity attributable to owners of parent | 2,555 | 2,837 | 3,163 | 3,361 | 3,429 | S100RXFN, S100UFRY, S100WQFV, S100Z3H2 |
| Retained earnings | 699 | 992 | 1,287 | 1,437 | 1,504 | S100RXFN, S100UFRY, S100WQFV, S100Z3H2 |
| Treasury stock | -46 | -44 | -37 | -28 | -28 | S100RXFN, S100UFRY, S100WQFV, S100Z3H2 |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 50% | S100Z3H2 |
| Property, plant and equipment | 5% | S100Z3H2 |
| Intangibles and goodwill | 13% | S100Z3H2 |
| Investment securities | 1% | S100Z3H2 |
| Other assets | 31% | S100Z3H2 |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Other liabilities | 36% | S100Z3H2 |
| Equity | 64% | S100Z3H2 |

### Balance sheet history

| Metric | FY ending Jun 2022 | FY ending Jun 2023 | FY ending Jun 2024 | FY ending Jun 2025 | FY ending Jun 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Total assets | 4,594 | 5,114 | 5,261 | 5,379 | 5,825 |
| Equity | 2,797 | 3,091 | 3,460 | 3,667 | 3,707 |
| Interest-bearing debt | — | — | — | — | — |
| Cash | 2,721 | 3,017 | 2,935 | 2,796 | 2,930 |

## Asset intensity and goodwill

Ratios are derived from reported values. Goodwill is used only when separately reported, never inferred from combined intangible assets.

| Metric | Value | Sources |
| --- | ---: | ---: |
| Asset intensity (fixed assets ÷ revenue) | 3.8% | S100Z3H2 |
| Fixed assets ÷ total assets | 4.9% | S100Z3H2 |
| Goodwill ÷ parent equity | 10.5% | S100Z3H2 |

Goodwill over 4 years: 20 → 362 JPY; total investing cash flow: -903 JPY. This does not imply causation.

### Cash quality

Net cash = cash − interest-bearing debt. Net debt ratio = (interest-bearing debt − cash) ÷ positive operating cash flow. Omit when debt components are incomplete; other ratios are derived from reported figures.

| Metric | Value |
| --- | ---: |
| Cash ratio (cash ÷ total assets) | 50.3% |
| Cash ÷ revenue | 39.1% |
| Net cash (cash − interest-bearing debt) | — |
| Net debt ÷ operating cash flow | — |
| Cash conversion (operating CF ÷ operating income) | 77.5% |
| Cash vs. profit gap | 90 JPY mn (of net income 28.4%) |
| Shareholder returns / net income | — |
| Shareholder returns / FCF | — |
| Shareholder payments — dividends / net income | 78.3% |
| Shareholder payments — dividends / FCF | 73.9% |
| CapEx intensity (capex ÷ revenue) | 0.9% |
| Investing CF relative to operating CF | 49.1% |

## ROA and ROE

ROE is decomposed into net margin × asset turnover × financial leverage. Leverage can raise ROE, so the ratio alone does not assess a company's condition. Ending balances are used without a prior year; total equity approximates parent equity when unavailable.

| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE | Sources |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| 2022 | 6.6% | 1.00× | 6.6% | 1.80× | 11.9% | S100RXFN |
| 2023 | 7.1% | 1.21× | 8.6% | 1.80× | 15.6% | S100UFRY |
| 2024 | 6.8% | 1.20× | 8.2% | 1.73× | 14.1% | S100WQFV |
| 2025 | 6.0% | 1.21× | 7.3% | 1.63× | 11.8% | S100Z3H2 |
| 2026 | 4.2% | 1.34× | 5.6% | 1.65× | 9.3% | S100Z3H2 |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| コンセーユ・ティ・アイ株式会社 | Major shareholder | 24.8% | 2026-06-30 |
| 光通信ＫＫ投資事業有限責任組合 | Major shareholder | 6.4% | 2026-06-30 |
| アクモスグループ社員持株会 | Major shareholder | 4.1% | 2026-06-30 |
| 飯島秀幸 | Major shareholder | 3.0% | 2026-06-30 |
| ＵＨ Ｐａｒｔｎｅｒｓ ２投資事業有限責任組合 | Major shareholder | 2.1% | 2026-06-30 |
| 光通信株式会社 | Major shareholder | 1.0% | 2026-06-30 |
| 金子登志雄 | Major shareholder | 1.0% | 2026-06-30 |
| 外池榮一郎 | Major shareholder | 0.8% | 2026-06-30 |
| 佐藤博通 | Major shareholder | 0.6% | 2026-06-30 |
| 新居紀孝 | Major shareholder | 0.6% | 2026-06-30 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第35期(2025/07/01－2026/06/30) | S100Z3H2 | 2026-09-24 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100Z3H2,, |
| 有価証券報告書－第34期(2024/07/01－2025/06/30) | S100WQFV | 2025-09-24 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100WQFV,, |
| 有価証券報告書－第33期(2023/07/01－2024/06/30) | S100UFRY | 2024-09-27 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100UFRY,, |
| 有価証券報告書－第32期(2022/07/01－2023/06/30) | S100RXFN | 2023-09-29 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100RXFN,, |
| 有価証券報告書－第31期(令和3年7月1日－令和4年6月30日) | S100P8J5 | 2022-09-28 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100P8J5,, |
| 有価証券報告書－第30期(令和2年7月1日－令和3年6月30日) | S100MI94 | 2021-09-29 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100MI94,, |

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).