All three tenses have at least two readings, so the archetype blend applies as printed.
Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.
What did they actually do?
Has it survived what it has been through?
2 warning events since 2022; the latest 2026-08-31.
From the record
Perpetuals.com Ltd's filings since 2022 show 2 warning events: a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2026-08-31) (its current reports).
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What has it actually done, year after year?
+3.5% a year over 6 filed years; profitable in 0 of 6.
From the record
Perpetuals.com Ltd's 6 filed years say what it did: revenue went from JPY 216 million in fiscal 2021 to JPY 256 million in fiscal 2026, up 3.5% a year; it rose in 3 of 5 years; the deepest fall was 90% from fiscal 2022 to fiscal 2023; net income was positive in 0 of 6 of those years (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How has it treated the people who own it?
SI estimate 4.3/10, confidence 35 of 100 (one part).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: Perpetuals.com Ltd's shareholder treatment is put at 4.3 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 44% of 32 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.
What are they doing right now?
Is it financially healthy right now?
ROE -38%: lost 38¢ per shareholder dollar. Leverage 30%: owes 30¢ per asset dollar.
From the record
Return on equity: in the fiscal year ended 2026-04-30, Perpetuals.com Ltd lost about 38 cents for every dollar of shareholders' money, and gross profitability: its products earned about 1 cents per dollar of everything the company owns. Leverage: it owed about 30 cents per dollar of assets, and net share issuance: its share count grew 16.1% over the year (the filed statements).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How strong is its position in its industry?
top 48% of 33 in its family; net margin -1069.9%.
From the record
Perpetuals.com Ltd's standing among 33 graded names in its industry family: revenue of JPY 256 million in fiscal 2026 is not ranked by size, since the family reports in another currency; a net margin of -1069.9% ranks in the bottom 14%; revenue growth of 76.5% a year over the last 3 filed years ranks in the top 11% (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are the people in charge doing?
SI estimate 6.4/10, confidence 20 of 100 (family median).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: Perpetuals.com Ltd's leadership is put at 6.4 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 13 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.
What are they set up to do next?
How much room does it have to grow?
bottom 47% of 32 in its family for room to expand.
From the record
Perpetuals.com Ltd's room to grow, from the newest filed statements (fiscal 2026): cash of JPY 164 million against debt of JPY 19 million leaves 1.4% of its assets as net cash, bottom 32% of its family; cash from operations less capital spending is -250.3% of revenue (bottom 14%); a gross margin of 59.5% (top 12%); research spending of 9.2% of revenue (top 47%) (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What could actually drive growth from here?
bottom 35% of 33 in its family for growth drivers.
From the record
Perpetuals.com Ltd's growth drivers, from the filed years to fiscal 2026: revenue grew 76.5% a year over the last three filed years against 3.5% over all 6, speeding up (top 2% of its family); the newest year grew -41.8% (bottom 5%); research spending grew -39.9% a year (bottom 13%); capital spending grew -23.8% a year (bottom 24%) (its annual reports). Perpetuals.com Ltd reported 3 product lines in fiscal 2026: Software and Software Development Costs at JPY 159 million (62%), Consulting and Solution Services at JPY 97 million (38%), Royalty Revenue at JPY 5 thousand (0%); 1 of 2 grew against the year before (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
Did its newest year beat what its own record pointed to?
bottom 12% of 29 in its family for expectations against reality.
From the record
Perpetuals.com Ltd's newest year against its own record: revenue of JPY 256 million in fiscal 2026 came in 81.1% below the JPY 1.4 billion its prior three years' pace pointed to (bottom 9% of its family); net income of JPY 2.7 billion against a prior three-year average of JPY 325 million (bottom 5%); a net margin of a loss larger than its revenue against losses larger than its revenue before (bottom 22%) (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made