Japan Process Development Co (TSE:9651) Interest Coverage: No Debt (1) (As of Feb. 2026) — 100% Below Median

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TSE:9651 Japan Process Development Co Ltd TSE:9651
82 GF Score
Price 円1,934.00
GF Value 円1,283.15
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Japan Process Development Co Interest Coverage?

Japan Process Development Co TSE:9651 -1.43% 82 Interest Coverage is No Debt (1) as of Feb. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates TSE:9651 with a GF Score™ of 82/100 and a GF Value™ of 円1,283.15 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,719 Software companies, Japan Process Development Co ranks better than 98.95% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Japan Process Development Co's Operating Income for the three months ended in Feb. 2026 was 円404 Mil. Japan Process Development Co's Interest Expense for the three months ended in Feb. 2026 was 円0 Mil. Japan Process Development Co has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Japan Process Development Co Ltd has no debt.

(1) Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Japan Process Development Co's Interest Coverage or its related term are showing as below:

TSE:9651' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


TSE:9651's Interest Coverage is ranked better than
98.95% of 1719 companies
in the Software industry
Industry Median: 24.65 vs TSE:9651: No Debt

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Japan Process Development Co  (TSE:9651) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Japan Process Development Co Interest Coverage Related Terms


Japan Process Development Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Japan Process Development Co's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Japan Process Development Co Interest Coverage Chart

Japan Process Development Co Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Japan Process Development Co Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Aug25 Nov25 Feb26 May26
Interest Coverage 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 No Debt No Debt No Debt No Debt No Debt

TSE:9651 vs UBER, SHOP, CRM: Interest Coverage Comparison

For the Software - Application subindustry, Japan Process Development Co's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.


Japan Process Development Co Interest Coverage vs Software Industry

For the Software industry and Technology sector, Japan Process Development Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Japan Process Development Co's Interest Coverage falls into.


TSE:9651
82GF Score
Japan Process Development Co Ltd TSE:9651
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Japan Process Development Co Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Japan Process Development Co's Interest Coverage for the fiscal year that ended in May. 2025 is calculated as

Here, for the fiscal year that ended in May. 2025, Japan Process Development Co's Interest Expense was 円0 Mil. Its Operating Income was 円1,145 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Japan Process Development Co had no debt (1).

Japan Process Development Co's Interest Coverage for the quarter that ended in Feb. 2026 is calculated as

Here, for the three months ended in Feb. 2026, Japan Process Development Co's Interest Expense was 円0 Mil. Its Operating Income was 円404 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Japan Process Development Co had no debt (1).

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Japan Process Development Co (TSE:9651) has a Interest Coverage of No Debt (1) as of Feb. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Japan Process Development Co and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Japan Process Development Co's Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Japan Process Development Co ranks #18 out of 1719 companies in the Software industry, placing it in the top 1%.
Is Japan Process Development Co's Interest Coverage too high?
Japan Process Development Co's current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 10,000.00 to a high of 10,000.00. Based on the distribution chart, Japan Process Development Co ranks #18 out of 1719 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Japan Process Development Co has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Japan Process Development Co's Interest Coverage compare to UBER and SHOP?
According to the Software industry distribution chart, Japan Process Development Co ranks #18 out of 1719 companies for Interest Coverage. This places Japan Process Development Co in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 24.65. Historically, Japan Process Development Co's own Interest Coverage has ranged from 10,000.00 to 10,000.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Software company?
The median Interest Coverage among Software companies is 24.65, based on 1,719 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Japan Process Development Co and its competitors. For the Software industry, the median Interest Coverage is 24.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Process Development Co's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Process Development Co stock overvalued right now?
Based on GuruFocus' analysis, Japan Process Development Co (TSE:9651) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,283.15, compared to a current price of 円1,934.00 — trading 50.7% above its estimated fair value. The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. Japan Process Development Co's overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Japan Process Development Co (TSE:9651), the current Interest Coverage is No Debt (1) 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 Japan Process Development Co (TSE:9651) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Process Development Co stock appears to be overvalued. The current stock price of 円1,934.00 is trading 50.7% above its estimated GF Value™ of 円1,283.15. GuruFocus considers Japan Process Development Co to be Significantly Overvalued.

Key valuation signals for TSE:9651:

  • Interest Coverage: No Debt (1) (100% below median its 10-year median of 10,000.00)
  • GF Value™: 円1,283.15 vs. price of 円1,934.00 (50.7% above fair value)
  • GF Score™: 82/100 with 2 warning signs

No single metric tells the full story. See the TSE:9651 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Japan Process Development Co Business Description

Address 2-4-1 Hamamatsu-cho, World Trade Center Building, 26th Floor, Minato-ku, Tokyo, JPN, 105-6126
Japan Process Development Co Ltd is a Japan based system integration and software development company. It is involved in the control system business, automotive system business, specific information system business, embedded systems business, IT service business and others.
82GF Score

Get the complete analysis for TSE:9651

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

円1,934.00
Price
円1,283.15
GF Value