Added to YB: 2026-05-06
Pitch date: 2026-05-01
3854.T [neutral]
I'LL inc.
Author Info
Aurelion Research is a research analyst with a passion for markets, specializing in high‑conviction ideas across shipping, offshore drilling, and thematic equity research. Sign up for the newsletter.
Company Info
I'LL inc. operates as a system solution business in Japan. The company operates in two segments, system solutions and web solutions.
Market Cap
JPY 58.6B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.53
P/E
14.90
EV/Sales
2.44
Sector
Software
Category
growth
SaaS Primer: The New Industrial Order - I'LL inc.
3854.T (overview): Japanese ERP/ops mgmt for SMEs w/ flagship Aladdin Office (88% sales). 5K+ implementations, 98.5% retention via custom integration. ARR +14% CAGR vs opex +8%. 34% ROE (3x industry avg), 15% FCF margin despite receivables drag from 90-120d payment terms. Trading 17.7x EV/FCF, 2.5% yield +20% div growth. Risk: flat SME market from M&A/population decline
Read full article (4 min)