Billing System (TSE:3623) Institutional Ownership: 0.23% (As of Aug. 17, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:3623 Billing System Corp TSE:3623
74 GF Score
Price 円1,034.00
GF Value 円1,350.11
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Billing System Institutional Ownership?

Billing System TSE:3623 -4.26% 74 Institutional Ownership is 0.23% as of Aug. 17, 2026. GuruFocus rates TSE:3623 with a GF Score™ of 74/100 and a GF Value™ of 円1,350.11 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Institutional ownership is the percentage of shares that are owned by institutions out of the total shares outstanding. As of today, Billing System's institutional ownership is 0.23%.

Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. As of today, Billing System's Insider Ownership is 0.00%.

Float Percentage Of Total Shares Outstanding is the percentage of float shares relative to the total shares outstanding. As of today, Billing System's Float Percentage Of Total Shares Outstanding is 0.00%.

Billing System Institutional Ownership Historical Data

* Premium members only.

The historical data trend for Billing System's Institutional Ownership 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.

Billing System Institutional Ownership Chart

Billing System Historical Data

The historical data trend for Billing System can be seen below:

2025-10-31 2025-11-30 2025-12-31 2026-01-31 2026-02-28 2026-03-31 2026-04-30 2026-05-31 2026-06-30 2026-07-31
Institutional Ownership 0.21 0.21 0.21 0.21 0.22 0.22 0.23 0.23 0.23 0.23
TSE:3623
74GF Score
Billing System Corp TSE:3623
Institutional Ownership is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Billing System Institutional Ownership Calculation

The percentage of shares that are owned by institutions out of the total shares outstanding.

What does a Institutional Ownership of 0.23% mean?
Billing System (TSE:3623) has a Institutional Ownership of 0.23% as of Aug. 17, 2026. Institutional ownership equals the percent of shares owned by financial institutions relative to total shares. View historical data on Billing System and its competitors.
Is Billing System's Institutional Ownership too high?
Billing System's current Institutional Ownership is 0.23%. Overall, Billing System has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Billing System's Institutional Ownership compare to MSFT and ORCL?
Billing System's Institutional Ownership of 0.23% can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Institutional Ownership for a Software company?
A good Institutional Ownership depends on the Software industry context. However, Institutional Ownership should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Institutional Ownership mean?
A high Institutional Ownership can signal that a stock is expensive relative to its fundamentals. Institutional ownership equals the percent of shares owned by financial institutions relative to total shares. View historical data on Billing System and its competitors. Billing System's current Institutional Ownership is 0.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Billing System stock overvalued right now?
Based on GuruFocus' analysis, Billing System (TSE:3623) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,350.11, compared to a current price of 円1,034.00 — trading 23.4% below its estimated fair value. The current Institutional Ownership is 0.23%. Billing System's overall GF Score™ is 74/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Institutional Ownership calculated?
Institutional Ownership is calculated from a company's financial statements. For Billing System (TSE:3623), the current Institutional Ownership is 0.23% as of Aug. 17, 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 Billing System (TSE:3623) Overvalued in 2026?

Based on GuruFocus' analysis, Billing System stock appears to be undervalued. The current stock price of 円1,034.00 is trading 23.4% below its estimated GF Value™ of 円1,350.11. GuruFocus considers Billing System to be Modestly Undervalued.

Key valuation signals for TSE:3623:

  • Institutional Ownership: 0.23%
  • GF Value™: 円1,350.11 vs. price of 円1,034.00 (23.4% below fair value)
  • GF Score™: 74/100 with 3 warning signs

No single metric tells the full story. See the TSE:3623 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Billing System Business Description

Address 1-2-2 Uchisaiwaicho, 13th Floor, Hibiya Daibiru, Chiyoda-ku, Tokyo, JPN, 100-0011
Billing System Corp offers a variety of payment services, including collection agency services, remittance support, smartphone payment service PayB, and more. It also support the introduction of in-store payments such as WeChat Pay, Alipay+, and PayPay, as well as the development and operation of WeChat mini-programs.
74GF Score

Get the complete analysis for TSE:3623

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

円1,034.00
Price
円1,350.11
GF Value