F-Code (9211.T) Stock Price

F-Code Price

CLOSED
1,417.00JPY+18.00 (+1.28 %)
Market closed

Over the last 6 years F-Code grew revenue by 72.1% annually, reaching 11.94 B JPY. Earnings per share have grown at 64.3% per year over the last 5 years. For F-Code, the net margin of 12.2% is down versus 23.1% a few years ago. The consensus 12-month price target for F-Code is 1,989.00 JPY, about 40.4% above where the stock trades today. Of 5 analysts, 4 rate the stock a buy — an overall Buy consensus. The stock trades about 8% above its 52-week low.

F-Code stock price

Volume
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of F-Code over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how F-Code stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing F-Code's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

F-Code Stock Price History
DateF-Code Price
7/10/20261,417.00 JPY
7/9/20261,399.00 JPY
7/8/20261,369.00 JPY
7/7/20261,405.00 JPY
7/6/20261,412.00 JPY
7/3/20261,407.00 JPY
7/2/20261,394.00 JPY
7/1/20261,329.00 JPY
6/30/20261,322.00 JPY
6/29/20261,345.00 JPY
6/26/20261,311.00 JPY
6/25/20261,368.00 JPY
6/24/20261,394.00 JPY
6/23/20261,393.00 JPY
6/22/20261,463.00 JPY
6/19/20261,425.00 JPY
6/18/20261,476.00 JPY
6/17/20261,456.00 JPY
6/16/20261,350.00 JPY
6/15/20261,364.00 JPY
6/12/20261,375.00 JPY
6/11/20261,375.00 JPY
6/10/20261,394.00 JPY
6/9/20261,425.00 JPY
6/8/20261,422.00 JPY
6/5/20261,513.00 JPY
6/4/20261,443.00 JPY
6/3/20261,490.00 JPY
6/2/20261,537.00 JPY
6/1/20261,538.00 JPY
5/29/20261,564.00 JPY
5/28/20261,572.00 JPY
5/27/20261,533.00 JPY
5/26/20261,552.00 JPY
5/25/20261,475.00 JPY
5/22/20261,482.00 JPY
5/21/20261,443.00 JPY
5/20/20261,426.00 JPY
5/19/20261,447.00 JPY
5/18/20261,455.00 JPY
5/15/20261,425.00 JPY
5/14/20261,452.00 JPY
5/13/20261,539.00 JPY
5/12/20261,530.00 JPY
5/11/20261,576.00 JPY
5/8/20261,548.00 JPY
5/7/20261,516.00 JPY
5/1/20261,491.00 JPY
4/30/20261,464.00 JPY
4/28/20261,479.00 JPY
4/27/20261,468.00 JPY
4/24/20261,445.00 JPY
4/23/20261,472.00 JPY
4/22/20261,514.00 JPY
4/21/20261,557.00 JPY
4/20/20261,576.00 JPY
4/17/20261,596.00 JPY
4/16/20261,592.00 JPY
4/15/20261,555.00 JPY
4/14/20261,536.00 JPY
4/13/20261,507.00 JPY
4/10/20261,481.00 JPY
4/9/20261,544.00 JPY
4/8/20261,587.00 JPY
4/7/20261,514.00 JPY
4/6/20261,509.00 JPY
4/3/20261,487.00 JPY
4/2/20261,484.00 JPY
4/1/20261,505.00 JPY
3/31/20261,427.00 JPY
3/30/20261,435.00 JPY
3/27/20261,495.00 JPY
3/26/20261,462.00 JPY
3/25/20261,525.00 JPY
3/24/20261,491.00 JPY
3/23/20261,452.00 JPY
3/19/20261,539.00 JPY
3/18/20261,590.00 JPY
3/17/20261,545.00 JPY
3/16/20261,560.00 JPY
3/13/20261,600.00 JPY
3/12/20261,588.00 JPY
3/11/20261,638.00 JPY
3/10/20261,590.00 JPY
3/9/20261,512.00 JPY
3/6/20261,600.00 JPY
3/5/20261,480.00 JPY
3/4/20261,365.00 JPY
3/3/20261,495.00 JPY
3/2/20261,580.00 JPY
2/27/20261,581.00 JPY
2/26/20261,545.00 JPY
2/25/20261,542.00 JPY
2/24/20261,458.00 JPY
2/20/20261,488.00 JPY
2/19/20261,487.00 JPY
2/18/20261,509.00 JPY
2/17/20261,461.00 JPY
2/16/20261,520.00 JPY
2/13/20261,590.00 JPY
2/12/20261,697.00 JPY
2/10/20261,684.00 JPY
2/9/20261,630.00 JPY
2/6/20261,618.00 JPY
2/5/20261,635.00 JPY
2/4/20261,603.00 JPY
2/3/20261,718.00 JPY
2/2/20261,683.00 JPY
1/30/20261,646.00 JPY
1/29/20261,646.00 JPY
1/28/20261,598.00 JPY
1/27/20261,617.00 JPY
1/26/20261,575.00 JPY
1/23/20261,563.00 JPY
1/22/20261,529.00 JPY
1/21/20261,492.00 JPY
1/20/20261,482.00 JPY
1/19/20261,516.00 JPY
1/16/20261,509.00 JPY
1/15/20261,526.00 JPY
1/14/20261,468.00 JPY
1/13/20261,531.00 JPY
1/9/20261,560.00 JPY
1/8/20261,483.00 JPY
1/7/20261,475.00 JPY
1/6/20261,492.00 JPY
1/5/20261,431.00 JPY
12/30/20251,452.00 JPY
12/29/20251,495.00 JPY
12/26/20251,499.00 JPY
12/25/20251,485.00 JPY
12/24/20251,436.00 JPY
12/23/20251,481.00 JPY
12/22/20251,432.00 JPY
12/19/20251,425.00 JPY
12/18/20251,411.00 JPY
12/17/20251,433.00 JPY
12/16/20251,425.00 JPY
12/15/20251,481.00 JPY
12/12/20251,434.00 JPY
12/11/20251,443.00 JPY
12/10/20251,513.00 JPY
12/9/20251,528.00 JPY
12/8/20251,543.00 JPY
12/5/20251,564.00 JPY
12/4/20251,618.00 JPY
12/3/20251,552.00 JPY
12/2/20251,535.00 JPY
12/1/20251,568.00 JPY
11/28/20251,599.00 JPY
11/27/20251,615.00 JPY
11/26/20251,636.00 JPY
11/25/20251,584.00 JPY
11/21/20251,596.00 JPY
11/20/20251,544.00 JPY
11/19/20251,558.00 JPY
11/18/20251,583.00 JPY
11/17/20251,649.00 JPY
11/14/20251,981.00 JPY
11/13/20252,020.00 JPY
11/12/20252,058.00 JPY
11/11/20252,004.00 JPY
11/10/20251,981.00 JPY
11/7/20251,951.00 JPY
11/6/20251,974.00 JPY
11/5/20251,987.00 JPY
11/4/20252,006.00 JPY
10/31/20252,020.00 JPY
10/30/20251,992.00 JPY
10/29/20251,940.00 JPY
10/28/20252,044.00 JPY
10/27/20252,082.00 JPY
10/24/20252,103.00 JPY
10/23/20252,118.00 JPY
10/22/20252,215.00 JPY
10/21/20252,211.00 JPY
10/20/20252,223.00 JPY
10/17/20252,074.00 JPY
10/16/20252,119.00 JPY
10/15/20252,081.00 JPY
10/14/20251,963.00 JPY
10/10/20252,113.00 JPY
10/9/20252,043.00 JPY
10/8/20252,050.00 JPY
10/7/20252,090.00 JPY
10/6/20252,050.00 JPY
10/3/20251,992.00 JPY
10/2/20251,954.00 JPY
10/1/20251,957.00 JPY
9/30/20252,057.00 JPY
9/29/20252,015.00 JPY
9/26/20252,040.00 JPY
9/25/20252,045.00 JPY
9/24/20252,060.00 JPY
9/22/20252,128.00 JPY
9/19/20252,057.00 JPY
9/18/20252,103.00 JPY
9/17/20251,966.00 JPY
9/16/20251,966.00 JPY
9/12/20252,000.00 JPY
9/11/20252,031.00 JPY
9/10/20252,155.00 JPY
9/9/20252,164.00 JPY
9/8/20252,192.00 JPY
9/5/20252,239.00 JPY
9/4/20252,147.00 JPY
9/3/20252,120.00 JPY
9/2/20252,359.00 JPY
9/1/20252,391.00 JPY
8/29/20252,458.00 JPY
8/28/20252,465.00 JPY
8/27/20252,505.00 JPY
8/26/20252,573.00 JPY
8/25/20252,631.00 JPY
8/22/20252,602.00 JPY
8/21/20252,598.00 JPY
8/20/20252,615.00 JPY
8/19/20252,794.00 JPY
8/18/20252,838.00 JPY
8/15/20252,712.00 JPY
8/14/20252,716.00 JPY
8/13/20252,620.00 JPY
8/12/20252,650.00 JPY
8/8/20252,527.00 JPY
8/7/20252,527.00 JPY
8/6/20252,427.00 JPY
8/5/20252,363.00 JPY
8/4/20252,325.00 JPY
8/1/20252,313.00 JPY
7/31/20252,297.00 JPY
7/30/20252,255.00 JPY
7/29/20252,256.00 JPY
7/28/20252,363.00 JPY
7/25/20252,390.00 JPY
7/24/20252,337.00 JPY
7/23/20252,310.00 JPY
7/22/20252,289.00 JPY
7/18/20252,236.00 JPY
7/17/20252,348.00 JPY
7/16/20252,338.00 JPY
7/15/20252,366.00 JPY
7/14/20252,415.00 JPY
Access this data via the Eulerpool API

F-Code Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
660.57 M JPY
160.40 M JPY
152.31 M JPY
Jan 1, 2022
1.07 B JPY
138.53 M JPY
69.35 M JPY
Jan 1, 2023
2.48 B JPY
651.95 M JPY
484.84 M JPY
Jan 1, 2024
5.13 B JPY
1.87 B JPY
905.74 M JPY
Jan 1, 2025
11.94 B JPY
2.34 B JPY
1.45 B JPY
Jan 1, 2026 (e)
14.24 B JPY
0.00 JPY
1.98 B JPY
Jan 1, 2027 (e)
16.56 B JPY
0.00 JPY
3.14 B JPY
Jan 1, 2028 (e)
18.89 B JPY
0.00 JPY
3.87 B JPY

F-Code Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 12, 2026, 10:05 AM
 
REVENUEB JPY
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB JPY
NET INCOMEB JPY
NET INCOME GROWTH%
SHARESM
20192020202120222023202420252026e2027e2028e
0.460.530.661.072.485.1311.9414.2416.5618.89
15.6924.2962.27131.75106.69132.7119.2916.3114.02
61.4458.1961.3658.5459.2355.3859.6859.6859.6859.68
0.280.310.410.631.472.847.138.509.8911.27
-0.040.040.150.070.480.911.451.983.143.87
-197.56280.00-54.61601.4586.9860.3336.1158.9423.42
4.104.108.208.9410.8011.6212.2412.2412.2412.24
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales F-Code generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue F-Code retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare F-Code's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares F-Code has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against F-Code's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

F-Code stock margins

The F-Code margin analysis displays the gross margin, EBIT margin, as well as the profit margin of F-Code. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for F-Code.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
61.43 %
24.28 %
23.06 %
Jan 1, 2022
58.55 %
12.92 %
6.47 %
Jan 1, 2023
59.25 %
26.27 %
19.53 %
Jan 1, 2024
55.37 %
36.43 %
17.65 %
Jan 1, 2025
59.69 %
19.64 %
12.16 %
Jan 1, 2026 (e)
59.69 %
0.00 %
13.87 %
Jan 1, 2027 (e)
59.69 %
0.00 %
18.95 %
Jan 1, 2028 (e)
59.69 %
0.00 %
20.52 %

F-Code Stock Revenue, EBIT, Earnings per Share

The F-Code earnings per share therefore indicates how much revenue F-Code has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
80.59 JPY
19.57 JPY
18.58 JPY
Jan 1, 2022
119.87 JPY
15.49 JPY
7.75 JPY
Jan 1, 2023
229.77 JPY
60.35 JPY
44.88 JPY
Jan 1, 2024
441.52 JPY
160.85 JPY
77.94 JPY
Jan 1, 2025
975.22 JPY
191.49 JPY
118.59 JPY
Jan 1, 2026 (e)
1,163.36 JPY
0.00 JPY
161.40 JPY
Jan 1, 2027 (e)
1,353.12 JPY
0.00 JPY
256.44 JPY
Jan 1, 2028 (e)
1,542.89 JPY
0.00 JPY
316.53 JPY

F-Code business model & stock analysis

F-Code Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

F-Code historical P/E ratio, EBIT multiple, and P/S ratio

F-Code annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

F-Code shares outstanding

The number of shares of F-Code was 12.24 M in 2025. This indicates how many shares F-Code is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
8.20 M Stocks
Jan 1, 2022
8.94 M Stocks
Jan 1, 2023
10.80 M Stocks
Jan 1, 2024
11.62 M Stocks
Jan 1, 2025
12.24 M Stocks
Jan 1, 2026 (e)
12.24 M Stocks
Jan 1, 2027 (e)
12.24 M Stocks
Jan 1, 2028 (e)
12.24 M Stocks

F-Code stock splits

In F-Code's history, there have been no stock splits.

Current F-Code forecasts and price targets in July 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy80.00 % (4)
Hold20.00 % (1)
Sell0.00 % (0)
12M Price Target
1,989.00
Last Price
1,417.00
Currency
JPY
12M Return Potential
40.37 %
LTM Return
0 %

F-Code shareholder structure

% Name
39.15107%
Kudo (Tsutomu)
Kudo (Tsutomu)
4.55425%
SBI Securities Co., Ltd.
SBI Securities Co., Ltd.
4.04042%
Asset Management One Co., Ltd.
Asset Management One Co., Ltd.
3.66628%
Umezawa (Koji)
Umezawa (Koji)
3.29377%
Mynavi Corporation
Mynavi Corporation
3.10751%
Revamp Corporation
Revamp Corporation

F-Code Executives and Management Board

TK

Mr. Tsutomu Kudo

(39)

President, Representative Director · since 2006

SK

Mr. Shingo Kinugasa

Executive Officer, Director of Finance and Accounting

SY

Mr. Shinichi Yamazaki

(59)

Chief Director of Business Administrations, Director · since 2021

YA

Mr. Yuki Arai

(41)

Chief Director of Business, Director · since 2008

TH

Mr. Takahito Hirai

(36)

Manager of Business Planning, Director · since 2020

F-Code Supply Chain

F-Code Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
1 companies
#Name1M3M6M1Y2YTrend
1
-0.17
0.68

Frequently asked questions about F-Code

Analysts currently set an average price target of 1,989.00 JPY for the F-Code stock (median: 1,989.00 JPY), implying +40.4 % versus the latest price. The consensus is based on 5 analyst ratings.

All fundamentals and in-depth analysis of F-Code

Our stock analysis for F-Code stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of F-Code. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.