And Factory (TSE:7035) Debt-to-Equity: 0.39 (As of Feb. 2026) — 77% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:7035 And Factory Inc TSE:7035
63 GF Score
Price 円228.00
GF Value 円197.09
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is And Factory Debt-to-Equity?

And Factory TSE:7035 63 Debt-to-Equity is 0.39 as of Feb. 2026, which is 77% below its 10-year median of 1.73. GuruFocus rates TSE:7035 with a GF Score™ of 63/100 and a GF Value™ of 円197.09 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,238 Software companies, And Factory ranks worse than 62.87% on this metric.

And Factory's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was 円94 Mil. And Factory's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was 円222 Mil. And Factory's Total Stockholders Equity for the quarter that ended in Feb. 2026 was 円811 Mil. And Factory's debt to equity for the quarter that ended in Feb. 2026 was 0.39.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for And Factory's Debt-to-Equity or its related term are showing as below:

TSE:7035' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22   Med: 1.73   Max: 6.32
Current: 0.36

During the past 10 years, the highest Debt-to-Equity Ratio of And Factory was 6.32. The lowest was 0.22. And the median was 1.73.

TSE:7035's Debt-to-Equity is ranked worse than
62.87% of 2238 companies
in the Software industry
Industry Median: 0.2 vs TSE:7035: 0.36

And Factory  (TSE:7035) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


And Factory Debt-to-Equity Related Terms


And Factory Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for And Factory's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

And Factory Debt-to-Equity Chart

And Factory Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.23 6.32 2.95 0.38 0.40

And Factory Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.40 0.40 0.39 0.36

TSE:7035 vs CRM, SHOP, UBER: Debt-to-Equity Comparison

For the Software - Application subindustry, And Factory's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


And Factory Debt-to-Equity vs Software Industry

For the Software industry and Technology sector, And Factory's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where And Factory's Debt-to-Equity falls into.


TSE:7035
63GF Score
And Factory Inc TSE:7035
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

And Factory Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

And Factory's Debt to Equity Ratio for the fiscal year that ended in Aug. 2025 is calculated as

And Factory's Debt to Equity Ratio for the quarter that ended in Feb. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.39 mean?
And Factory (TSE:7035) has a Debt-to-Equity of 0.39 as of Feb. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on And Factory and its competitors. This is 77% below median its historical median of 1.73. Over the past decade, And Factory's Debt-to-Equity has ranged from 0.22 to 6.32. According to the industry distribution chart, And Factory ranks #1407 out of 2238 companies in the Software industry, placing it in the top 62.9%.
Is And Factory's Debt-to-Equity too high?
And Factory's current Debt-to-Equity of 0.39 is 77% below median its 10-year median of 1.73. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 6.32. The Software industry median Debt-to-Equity is 0.20. And Factory's value of 0.39 is 95% above this industry median. Based on the distribution chart, And Factory ranks #1407 out of 2238 companies in the Software industry, which is below the industry midpoint. Overall, And Factory has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does And Factory's Debt-to-Equity compare to CRM and SHOP?
According to the Software industry distribution chart, And Factory ranks #1407 out of 2238 companies for Debt-to-Equity. This places And Factory in the lower half of its industry. The industry median Debt-to-Equity is 0.20. And Factory's value of 0.39 is 95% above this benchmark. Historically, And Factory's own Debt-to-Equity has ranged from 0.22 to 6.32 over the past decade. While the company's 10-year median is 1.73 vs. the industry median of 0.20, And Factory has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Software company?
The median Debt-to-Equity among Software companies is 0.20, based on 2,238 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. And Factory's current Debt-to-Equity of 0.39 is 95% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on And Factory and its competitors. For the Software industry, the median Debt-to-Equity is 0.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. And Factory's current Debt-to-Equity is 0.39, which is 77% below median its own 10-year median of 1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is And Factory stock overvalued right now?
Based on GuruFocus' analysis, And Factory (TSE:7035) is currently considered Modestly Overvalued. The stock's GF Value™ is 円197.09, compared to a current price of 円228.00 — trading 15.7% above its estimated fair value. The current Debt-to-Equity is 0.39, which is 77% below median its 10-year median of 1.73 and 95% above the Software industry median of 0.20. And Factory's overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For And Factory (TSE:7035), the current Debt-to-Equity is 0.39 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is And Factory (TSE:7035) Overvalued in 2026?

Based on GuruFocus' analysis, And Factory stock appears to be overvalued. The current stock price of 円228.00 is trading 15.7% above its estimated GF Value™ of 円197.09. GuruFocus considers And Factory to be Modestly Overvalued.

Key valuation signals for TSE:7035:

  • Debt-to-Equity: 0.39 (77% below median its 10-year median of 1.73)
  • GF Value™: 円197.09 vs. price of 円228.00 (15.7% above fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 95% above the Software median (#1407 of 2238)

No single metric tells the full story. See the TSE:7035 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


And Factory Business Description

Address 3-6-28 Aobadai, Meguro-ku, Sumitomo Realty Aobadai Tower 1st & 2nd Floor, Tokyo, JPN, 153-0042
And Factory Inc is a Japan-based software company. Its business activities are divided into two divisions including smartphone app and Internet of Things (IoT) business division. The company is engaged in developing various applications that connect users and services. It mainly develops tool-based applications, game strategy bulletin board applications, and manga applications.
63GF Score

Get the complete analysis for TSE:7035

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円228.00
Price
円197.09
GF Value