Overview
Information & Communication

Nextgen,Inc.

NextGen provides voice-centric communication technology solutions and services, operating across two segments: Voice Communication (cloud PBX, Session Border Controllers, carrier core systems, and call recording solutions for telecom carriers, enterprises, and public agencies) and Communication DX (AI-powered speech recognition, CPaaS platforms, cloud IVR, and business support systems targeting sectors such as construction, healthcare, and finance). The company distributes its proprietary software and integrated overseas products through capital and business alliance partners including major telecom SIs such as Exsio Group, SAXA, NEC Networks & System Integration, and Tsuzuki Denki. Its competitive strengths lie in deep SIP/VoIP protocol expertise built since inception, an Enabler/OEM service model enabling partner-branded cloud services, and a 24/7 nationwide maintenance network.

Market Cap
¥4.14B
US$26.4M
EV
¥2.01B
US$12.8M
Stock¥1,340▼-0.37%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
2.9
x
LTM EV/EBIT
5.2
x
LTM PER
12.3
x
LTM PBR
1.7
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-9.1%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
4.14BUS$26.4MMarket Cap0.25BUS$1.60M+ Debt2.38BUS$15.2M− Cash0.00BUS$0.00M− Inv. Sec.2.01BUS$12.8MEV
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Performance & Balance
Revenue 5Y (¥B)
3.75US$23.9M'22/33.05US$19.5M'23/33.52US$22.5M'24/33.62US$23.1M'25/34.26US$27.1M'26/3
EBITDA 5Y (¥B)
0.57US$3.64M'22/30.30US$1.89M'23/30.50US$3.17M'24/30.53US$3.40M'25/30.61US$3.91M'26/3
Net Income 5Y (¥B)
0.16US$1.05M'22/3-0.45-US$2.90M'23/30.17US$1.06M'24/30.20US$1.30M'25/30.29US$1.86M'26/3
Capital Structure
91%
EquityD/E 0.10xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
1.25US$7.95M0.60US$3.83M'22/31.21US$7.70M0.52US$3.30M'23/31.26US$8.05M0.47US$3.03M'24/31.81US$11.5M0.48US$3.03M'25/32.01US$12.8M0.29US$1.84M'26/3
Shareholders
Top 10 hold 63.8%
1
EXEO Group,Inc.
21.34%
2
SAXA,Inc.
14.55%
3
NEC Networks & System Integration Corporation
9.70%
4
MSIP CLIENT SECURITIES (Standing Proxy: Morgan Stanley MUFG Securities Co., Ltd.)
4.22%
5
IWATSU ELECTRIC CO., LTD.
2.74%
6
Shinji OONISHI
2.71%
7
Takacom Corporation
2.68%
8
TSUZUKI DENKI CO.,LTD.
2.58%
9
Nextgen,Inc. Employee Stock Ownership Association
1.95%
10
Shunichi WATANABE
1.35%
Management
8 officers
Shinji OONISHI
Representative Director, President and Executive Officer, CEO
Apr 1989 Joined Nippon Telegraph and Telephone Corporation (now NTT, Inc.) Sep 2001 Manager, NTT Comware Corporation (now NTT DOCOMO SOLUTIONS, Inc.) Apr 2002 Joined the Company; Executive Officer, Head of Technology Division Jun 2005 Representative Director, President and Executive Officer, the Company (current) Jun 2020 Representative Director, President, LignApps, Inc. Jun 2024 CEO, the Company (current)
1966-03-07
Yutaka UEDA
Director and Executive Officer, CFO
Apr 1985 Joined Kinokuniya Bookstores Co., Ltd. Jan 1989 Joined Fuji Xerox Co., Ltd. (now FUJIFILM Business Innovation Corp.) Mar 1998 Joined ImageOne Co., Ltd. May 2000 Director, Head of Satellite Imaging Business Division, ImageOne Co., Ltd. Jun 2001 Outside Director, Norsat International Inc. (Vancouver, Canada) Oct 2002 CEO, Norsat International Inc. Feb 2004 Joined Silex Technology, Inc.; Senior Executive Officer, Head of Sales Division Nov 2008 Joined Memorytech Corporation (now Memorytech Holdings Corporation); Head of Corporate Planning Office Feb 2011 Director, Memorytech Holdings Corporation Jun 2012 Managing Director and CFO, Memorytech Holdings Corporation Jun 2015 Representative Director, President and CEO, Memorytech Holdings Corporation Mar 2018 Representative Director, President, PONY CANYON ENTERPRISE Inc. (concurrently) Apr 2023 Joined the Company Jun 2023 Executive Officer, the Company Apr 2024 Executive Officer, Head of Administration Division, the Company Jun 2024 Director and Executive Officer, CFO, the Company (current); Head of Administration Division Apr 2026 Head of Business Enabling Division, the Company (current)
1961-06-27
Naoko SAITA
Director and Executive Officer, CIO
Apr 1998 Joined NTT Comware Corporation (now NTT DOCOMO SOLUTIONS, Inc.) Sep 2002 Joined the Company Jan 2008 Head of Quality Control Office, the Company Feb 2012 Head of Internal Control Office, the Company Apr 2013 Deputy General Manager, Corporate Planning Department, the Company Dec 2016 Joined Syn. Holdings, Inc. (now Supership Holdings, Inc.); Leader, Internal Control Group, Corporate Division May 2018 Joined the Company; General Manager, Business Planning Department Apr 2020 Head of Administration Division, the Company Jun 2020 Executive Officer, Head of Administration Division, the Company Jun 2021 Director and Executive Officer, Head of Administration Division, the Company (current) Apr 2024 General Manager, Quality Innovation Promotion Department, the Company (current) Apr 2025 General Manager, Operations & Support Department, the Company May 2026 CIO, the Company (current)
1973-11-25
Hirofumi MIYAMA
Director
Apr 1988 Joined Nippon Telegraph and Telephone Corporation (now NTT, Inc.) Oct 1999 Manager, International Business Division, NTT (assigned to NTT America) Oct 2003 General Manager, Broadband Business Department, Corporate Sales Headquarters, East Japan Telegraph and Telephone Corporation (now NTT East, Inc.) Aug 2006 General Manager, Broadband Business Development Division, Advanced IP Architecture Center, NTT Communications Corporation (now NTT Communications, Inc.) Jul 2012 General Manager, Second Systems Division, Systems Department, NTT Communications Corporation Jun 2015 General Manager, Systems Department, NTT Communications Corporation Jul 2015 Director, NTT Com Solutions Corporation (now NTT Communications, Inc.) Jun 2017 General Manager, Management Services Department, NTT Communications Corporation Jul 2018 Joined Kyowa Exeo Corporation (now EXEO Group, Inc.); Deputy General Manager, Solution Promotion Division, ICT Solution Business Headquarters Jun 2020 Director, the Company (current) Jul 2020 General Manager, Planning and Promotion Division, ICT Solution Business Headquarters, Kyowa Exeo Corporation (now EXEO Group, Inc.) Jul 2020 Executive Officer, the Company Dec 2021 Director, IT-IT Co., Ltd. (now EXEO System Management Corporation) Apr 2022 Deputy General Manager, Communications Innovation Business Headquarters, the Company Jul 2022 General Manager, Group Planning and Promotion Division, Solution Business Headquarters, EXEO Group, Inc. Jul 2022 Representative Director, President, EXEO System Management Corporation (current) Jun 2024 Executive Officer, EXEO Group, Inc. (current)
1965-08-24
Tamaki NISHIAKI
Director
Apr 1988 Joined Nippon Telegraph and Telephone Corporation (now NTT, Inc.) Oct 2015 Executive Officer, Head of Quality Management Division, Customer Service Department, NTT Communications Corporation (now NTT Communications, Inc.) Jul 2016 Executive Officer, Head of Second Project Management Division, Solution Service Department, NTT Communications Corporation Jul 2019 Joined Kyowa Exeo Corporation (now EXEO Group, Inc.); Executive Officer, Head of Solution Sales Headquarters, ICT Solution Business Headquarters Sep 2019 Director, Sun Planning Systems Co., Ltd. Jun 2021 Executive Officer, EXEO Group, Inc. (current); Head of First Solution Sales Headquarters, ICT Solution Business Headquarters Oct 2021 Representative Director, President, ARCO Japan Co., Ltd. (current) Jul 2022 Retired as Director, Sun Planning Systems Co., Ltd. Jun 2025 Outside Director, the Company (current)
1965-11-05
Shunichi WATANABE
Director, Audit and Supervisory Committee Member
Apr 1977 Joined Nippon Telegraph and Telephone Public Corporation (now NTT, Inc.) Apr 1997 Joined NTT Communicationware Corporation (now NTT DOCOMO SOLUTIONS, Inc.) Jul 2001 Joined Fusion Communications Co., Ltd. (now Rakuten Communications Corporation) Apr 2002 Joined the Company; Executive Officer, Head of Sales Department, CMO Feb 2006 Group Leader, Human Resources and General Affairs, the Company Jan 2008 General Manager, First Sales Headquarters, the Company Jan 2014 Senior Manager, Sales Management Headquarters, the Company Mar 2014 Full-time Audit and Supervisory Board Member, the Company Jun 2016 Director, Audit and Supervisory Committee Member (Full-time), the Company (current)
1954-12-21
Osamu NODA
Director, Audit and Supervisory Committee Member
Apr 1984 Joined NEC Corporation Oct 2010 General Manager, First Enterprise Network Solutions Division, Enterprise Solutions Business Division, NEC Corporation Jan 2013 General Manager, Enterprise Solutions Business Division, NEC Corporation Apr 2015 Executive Officer, Deputy General Manager, Enterprise Solutions Business Division, NEC Netsisu Corporation Apr 2016 Managing Executive Officer, General Manager, Enterprise Solutions Business Division, NEC Netsisu Corporation Jun 2018 Director and Managing Executive Officer, NEC Netsisu Corporation Apr 2019 Director and Managing Executive Officer, General Manager, Business Design Division, and General Manager, Digital Solutions Business Division, NEC Netsisu Corporation Jun 2022 Director and Managing Executive Officer, CDO (Chief Digital Officer), NEC Netsisu Corporation Jun 2023 DX Promotion Executive Advisor, DX Solutions Business Division, NEC Netsisu Corporation Jun 2025 Outside Director, Audit and Supervisory Committee Member (Full-time), the Company (current)
1958-05-01
Toshihisa TAKEUCHI
Director, Audit and Supervisory Committee Member
Apr 1980 Joined Oki Electric Industry Co., Ltd. Jun 2002 Representative Director, President, Payment First Co., Ltd. Apr 2009 Executive Officer, General Manager, Financial Systems Business Division, Oki Electric Industry Co., Ltd. Jul 2011 Executive Officer, General Manager, Corporate Planning Division, Oki Electric Industry Co., Ltd. Apr 2012 Managing Executive Officer, General Manager, Corporate Planning Division, Oki Electric Industry Co., Ltd. Jun 2014 Director and Managing Executive Officer, General Manager, Integrated Sales Headquarters, Information Officer, Oki Electric Industry Co., Ltd. Apr 2016 Director and Senior Managing Executive Officer, General Manager, Information and Communications Business Headquarters, Oki Electric Industry Co., Ltd. Apr 2017 Director and Vice President Executive Officer, General Manager, Corporate Management Headquarters, Chief Internal Control Officer, Chief Compliance Officer, Oki Electric Industry Co., Ltd. Jun 2018 Representative Director, Chairman, Oki Wintech Co., Ltd. (now OKI Cross Tech Co., Ltd.); Representative Director, Chairman, Oki Customer Adtech Co., Ltd. (now OKI Cross Tech Co., Ltd.) Apr 2019 Representative Director, President and Executive Officer, OKI Cross Tech Co., Ltd. Apr 2024 Advisor, OKI Cross Tech Co., Ltd. Jun 2025 Outside Director, Audit and Supervisory Committee Member, the Company (current)
1957-05-20
Large Shareholding Reports
Saxa Inc.
2025-09-02
14.55%→14.55%
Annual report (as of 2026-03-31): 14.55%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-07
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-18
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-02-06
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-10
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-09-02
Large Shareholding Report
TDnet
2025-08-08
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-27
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-07
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-11
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-09
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-28
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-05
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-06
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-07
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-26
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-06
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-12-23
Securities Registration Statement
EDINET
2022-11-07
Quarterly Securities Report
EDINET
2022-08-08
Quarterly Securities Report
EDINET
2022-06-27
Annual Securities Report
EDINET
2022-02-07
Quarterly Securities Report
EDINET
2021-11-08
Quarterly Securities Report
EDINET
2021-08-10
Quarterly Securities Report
EDINET
2021-06-25
Annual Securities Report
EDINET
2021-02-08
Quarterly Securities Report
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