# BeMap,Inc.: business model and financials

> Latest period: FY ending Mar 2026, consolidated, J-GAAP
> Unit: JPY millions
> Sources: 有価証券報告書－第28期(2025/04/01－2026/03/31) (S100YK9U)
> Page: https://vizora.meequs.com/en/company/bemap
> Retrieved: 2026-09-30T18:17:58.042Z

## Company

BeMap, founded in 1998, is a company in IT Services & System Integration listed on TSE Growth. It has 67 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | BeMap, Inc. |
| Ticker | 4316 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/4316.T) |
| Listing | TSE Growth |
| Head office | 東京都千代田区内神田二丁目12番5号 |
| Representative (per filing) | 代表取締役社長 杉野文則 |
| Founded | Sep 1998 |
| Share capital | ¥1.01B |
| Employees (consolidated) | 67 |
| Average salary (parent only) | ¥6.2M |
| Fiscal year end | March |
| Website | www.bemap.co.jp (https://www.bemap.co.jp/) |
| Corporate number | 2010001094575 |
| EDINET | E05228 |
| Industries (Vizora) | IT Services & System Integration |

> Profile source: annual securities report (S100YK9U, filed 2026-06-25). As of filing

## Five-axis industry profile

Primary industry: IT Services & System Integration (2026-03-31)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Revenue growth | 27.7 | 157 |
| Profitability | 2.8 | 196 |
| Efficiency | 83.4 | 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)

- BeMap brought in ¥1.72B in revenue.
- It lost about ¥6 for every ¥100 of sales at the operating level.
- Revenue changed +15.2% from the prior year.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Revenue | ¥1.72B |  |
| Operating income | -¥97.8M | Margin -5.7% |
| Net income | -¥151.6M | Margin -8.8% |
| Free cash flow | -¥139.2M |  |
| Employees (consolidated) | 67 |  |
| EPS | ¥-45.97 |  |
| Book value per share | ¥101.18 |  |
| Equity ratio | 39.9% |  |
| Shares outstanding | 3,561,900 |  |
| Treasury shares | 1,000 |  |
| Shareholders | 5,356 |  |
| Average salary (parent only) | ¥6.2M | Filing company only |
| Cash ratio | 30.1% | Cash ÷ revenue 16.4% |
| Vs. industry median margin | -14.6 pp | IT Services & System Integration |
| ROA | -16.2% | Derived from disclosed figures |

## Notable figures

- FY2026, cash is 30% of total assets

## What changed in 5 years

| Metric | FY ending Mar 2021 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥1344062000 | ¥1721303000 | +28.1% |
| Operating income | ¥46991000 | ¥-97784000 | -308.1% |
| Operating margin | 3.5% | -5.7% | -9.2 pp |
| Employees | 73 people | 67 people | -8.2% |
| Cash and equivalents | ¥445017000 | ¥282108000 | -36.6% |

### Change in segment revenue mix

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

| Flow | Revenue share |
| --- | ---: |
| モビリティ・イノベーション事業 → 事業再編・廃止 | 16.8% |
| ワイヤレス・イノベーション事業 → 事業再編・廃止 | 60.5% |
| ソリューション事業 → 事業再編・廃止 | 22.8% |

Segment revenue source references: 3 (derived)

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

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 1,721 | 100.0% | S100YK9U |
| Cost of revenue | 1,051 | 61.1% | S100YK9U |
| Gross profit | 670 | 38.9% | S100YK9U |
| SG&A | 768 | 44.6% | S100YK9U |
| Operating income | -98 | -5.7% | S100YK9U |
| Ordinary income | -101 | -5.8% | S100YK9U |
| Pretax income | -143 | -8.3% | S100YK9U |
| Income tax | 3 | 0.1% | S100YK9U |
| Net income | -146 | -8.5% | S100YK9U |
| Net income attributable to owners | -152 | -8.8% | S100YK9U |

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

| Part | JPY |
| --- | ---: |
| Cost of revenue | 61 |
| SG&A | 45 |
| Operating income | -6 |
| (Ref.) Net income | -9 |

### Margin funnel

Gross margin 38.9% → Operating margin -5.7% → Net margin -8.8%
Derived from reported figures (DERIVED).

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

| Metric | Prior | Current | Change | % change |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 1,494 | 1,721 | 227 | +15.2% |
| Gross profit | 666 | 670 | 5 | +0.7% |
| Operating income | -183 | -98 | 85 | — |
| Net income attributable to owners | -180 | -152 | 28 | — |
| Operating cash flow | -250 | -122 | 128 | — |
| Free cash flow | -258 | -139 | 119 | — |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2020 | 1,494 | 101 | 6.8% | 89 | 128 | 122 | S100LRRQ |
| FY ending Mar 2021 | 1,344 | 47 | 3.5% | 41 | -28 | -34 | S100OJLK |
| FY ending Mar 2022 | 1,021 | -145 | -14.2% | -156 | 66 | 57 | S100R6LC |
| FY ending Mar 2023 | 1,042 | -181 | -17.4% | -225 | -177 | -178 | S100TWU6 |
| FY ending Mar 2024 | 1,599 | -72 | -4.5% | 156 | -159 | -166 | S100W7T1 |
| FY ending Mar 2025 | 1,494 | -183 | -12.2% | -180 | -250 | -258 | S100YK9U |
| FY ending Mar 2026 | 1,721 | -98 | -5.7% | -152 | -122 | -139 | S100YK9U |

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

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥25.7M |
| Operating income per employee (consolidated) | -¥1.5M |
| Net income per employee (consolidated) | -¥2.3M |

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

| History | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Employees (consolidated) | 75 | 74 | 72 | 65 | 67 |
| Average salary (parent company) | ¥5.9M | ¥5.6M | ¥5.8M | ¥6.3M | ¥6.2M |
| Average age (parent company) | 42.0 years | 41.6 years | 41.7 years | 42.8 years | 42.0 years |
| Average tenure (parent company) | 10.0 years | 10.2 years | 10.7 years | 11.5 years | 11.1 years |

Year over year: Employees (consolidated) +3.1% · Revenue (consolidated) +15.2%

## Revenue by geography

No geographic revenue breakdown was disclosed.

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

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Operating cash flow | -122 | -7.1% | S100YK9U |
| Capital expenditure | 17 | 1.0% | S100YK9U |
| Free cash flow | -139 | -8.1% | 算出 |
| Investing cash flow | -9 | -0.5% | S100YK9U |
| Financing cash flow | 258 | 15.0% | S100YK9U |
| Share buyback | 0 | 0.0% | S100YK9U |
| Change in cash | 127 | 7.4% | S100YK9U |
| Cash and equivalents | 282 | 16.4% | S100YK9U |

## 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 Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | 265 | 397 | 433 | 155 | 282 | S100TWU6, S100W7T1, S100YK9U |
| Total assets | 941 | 1,011 | 1,169 | 929 | 938 | S100R6LC, S100TWU6, S100W7T1, S100YK9U |
| Net assets | 753 | 578 | 703 | 505 | 503 | S100TWU6, S100W7T1, S100YK9U |
| Share capital | 931 | 933 | 933 | 935 | 1,014 | S100R6LC, S100TWU6, S100W7T1, S100YK9U |
| Property, plant and equipment | 35 | 38 | 9 | 9 | 9 | S100R6LC, S100TWU6, S100W7T1, S100YK9U |
| Intangible assets excluding goodwill | 1 | 0 | 0 | 0 | 0 | S100R6LC, S100TWU6, S100W7T1, S100YK9U |
| Investment securities | 94 | 28 | 50 | 38 | 27 | S100R6LC, S100TWU6, S100W7T1, S100YK9U |
| Current assets | 759 | 895 | 1,062 | 836 | 856 | S100R6LC, S100TWU6, S100W7T1, S100YK9U |
| Current liabilities | 161 | 310 | 357 | 330 | 355 | S100R6LC, S100TWU6, S100W7T1, S100YK9U |
| Short-term borrowings | — | — | — | — | 120 | S100YK9U |
| Long-term borrowings | — | 96 | 82 | 68 | 54 | S100TWU6, S100W7T1, S100YK9U |
| Total liabilities | 189 | 433 | 467 | 424 | 435 | S100R6LC, S100TWU6, S100W7T1, S100YK9U |
| Non-controlling interests | 5 | 38 | 17 | 17 | 23 | S100R6LC, S100TWU6, S100W7T1, S100YK9U |
| Equity attributable to owners of parent | 612 | 392 | 543 | 368 | 374 | S100R6LC, S100TWU6, S100W7T1, S100YK9U |
| Retained earnings | -329 | -554 | -398 | -577 | -729 | S100R6LC, S100TWU6, S100W7T1, S100YK9U |
| Treasury stock | -2 | -2 | -2 | -2 | -2 | S100R6LC, S100TWU6, S100W7T1, S100YK9U |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 30% | S100YK9U |
| Property, plant and equipment | 1% | S100YK9U |
| Intangibles and goodwill | 0% | S100YK9U |
| Investment securities | 3% | S100YK9U |
| Other assets | 66% | S100YK9U |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Other liabilities | 46% | S100YK9U |
| Equity | 54% | S100YK9U |
| Other liabilities | 0% | S100YK9U |

### Balance sheet history

| Metric | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Total assets | 941 | 1,011 | 1,169 | 929 | 938 |
| Equity | 753 | 578 | 703 | 505 | 503 |
| Interest-bearing debt | — | — | — | — | — |
| Cash | 265 | 397 | 433 | 155 | 282 |

## 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) | 0.5% | S100YK9U |
| Fixed assets ÷ total assets | 0.9% | S100YK9U |
| Goodwill ÷ parent equity | — | —, S100YK9U |

### 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) | 30.1% |
| Cash ÷ revenue | 16.4% |
| Net cash (cash − interest-bearing debt) | — |
| Net debt ÷ operating cash flow | — |
| Cash conversion (operating CF ÷ operating income) | — |
| Cash vs. profit gap | 29 JPY mn |
| Shareholder returns / net income | — |
| Shareholder returns / FCF | — |
| Shareholder payments — dividends / net income | — |
| Shareholder payments — dividends / FCF | — |
| CapEx intensity (capex ÷ revenue) | 1.0% |
| Investing CF relative to operating CF | — |

## 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 | — | —× | -16.6% | —× | — | S100R6LC |
| 2023 | — | —× | -23.0% | —× | — | S100TWU6 |
| 2024 | 9.7% | 1.47× | 14.3% | 2.33× | 33.3% | S100W7T1 |
| 2025 | — | —× | -17.1% | —× | — | S100YK9U |
| 2026 | — | —× | -16.2% | —× | — | S100YK9U |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 杉野 文則 | Major shareholder | 5.7% | 2026-03-31 |
| 財部 美瑛 | Major shareholder | 4.2% | 2026-03-31 |
| 株式会社Spicy Company | Major shareholder | 2.6% | 2026-03-31 |
| 清水 和美 | Major shareholder | 1.7% | 2026-03-31 |
| 本屋敷 伸三 | Major shareholder | 1.7% | 2026-03-31 |
| 鍵谷 文勇 | Major shareholder | 1.5% | 2026-03-31 |
| 野村證券株式会社 | Major shareholder | 1.4% | 2026-03-31 |
| ユメノソラホールディングス株式会社 | Major shareholder | 1.3% | 2026-03-31 |
| 和久田 三千代 | Major shareholder | 1.1% | 2026-03-31 |
| NOMURA INTERNATIONAL PLC A/C JAPAN FLOW （常任代理人 野村證券株式会社） | Major shareholder | 0.9% | 2026-03-31 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第28期(2025/04/01－2026/03/31) | S100YK9U | 2026-06-25 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YK9U,, |
| 有価証券報告書－第27期(2024/04/01－2025/03/31) | S100W7T1 | 2025-06-27 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100W7T1,, |
| 有価証券報告書－第26期(2023/04/01－2024/03/31) | S100TWU6 | 2024-06-28 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100TWU6,, |
| 有価証券報告書－第25期(2022/04/01－2023/03/31) | S100R6LC | 2023-06-28 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100R6LC,, |
| 有価証券報告書－第24期(令和3年4月1日－令和4年3月31日) | S100OJLK | 2022-06-29 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100OJLK,, |
| 有価証券報告書－第23期(令和2年4月1日－令和3年3月31日) | S100LRRQ | 2021-06-28 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100LRRQ,, |

## 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).