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Added to YB: 2026-04-13

Pitch date: 2026-04-10

4441.T [neutral]

Tobila Systems Inc.

Author Info

Whiteout Capital is a software engineer and private investor publishing independent research focused on global microcaps. Sign up for the newsletter.

Company Info

Tobila Systems Inc. develops and sells nuisance call filter products in Japan. The company offers spam call filter products for mobiles, landlines, and business phones.

Market Cap

JPY 14.2B

Pitch Price

N/A

Price Target

N/A

Dividend

1.42%

EV/EBITDA

9.89

P/E

23.50

EV/Sales

3.54

Sector

Software

Category

growth

Show full summary:
Whiteout Capital | 2026 Q1 Review - Tobila Systems Inc.

4441.T (update): Solutions segment rev +63.2%, profit +124.7% last quarter. Japan spam/fraud protection leader expanding to SMB w/ TobilaPhone Biz Lite. Founder-led, growing FCF, buybacks + dividend. Market focused on op profit vs strong FCF generation. AI voice spoofing threat makes spam protection increasingly critical.

Read full article (1 min)