US EQUITIES CLOSED CRYPTO 24/7
HALAL TRADING ROOM Sharia-screened signals
TERMINAL
48

4820.T

Stock EM Systems Co., Ltd.
$583.00

Tokyo Stock Exchange · Healthcare · JP

Sharia status
COMPLIANT
Per In-house ratio engine · assessed 2026-08-26
HTR non-permissible income 0.19%
🕌Open research, not a fatwa — verify with your own scholar.
Trade setup SEPARATE FROM SHARIAH
No active setup right now. The technical picture doesn't show a clear edge — check back when the trend or momentum shifts.

EM Systems Co., Ltd. (4820.T) is currently considered halal (Sharia-compliant), per In-house ratio engine (last assessed 2026-08-26). See the full ratio breakdown and business-activity screen below for the reasoning.

Market & analysts
Institutional own.
10.7%
of shares
COMPLIANT
Sharia compliance
0.19%
Non-permissible income — HTR, from filings (2025-12-31)
10.7%
Institutional ownership

🕌 In-house Compliance Research

Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2025-12-31. 4820.T files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.

Business activity: cleared (no excluded categories detected)

AAOIFI Pass

RatioValueThresholdResult
Interest-bearing debt 1.44% 30.00% Pass
Interest-bearing investments 19.31% 30.00% Pass
Non-permissible income 0.19% 5.00% Pass

Usmani Pass

RatioValueThresholdResult
Interest-bearing debt 2.13% 33.00% Pass
Interest-bearing investments 28.53% 33.00% Pass
Non-liquid assets 59.81% at least 20.00% Pass
Non-permissible income 0.19% 5.00% Pass

MSCI Fail

RatioValueThresholdResult
Interest-bearing debt 2.13% 33.33% Pass
Cash + interest-bearing securities 28.53% 33.33% Pass
Accounts receivable 40.19% 33.33% Fail
Non-permissible income 0.19% 5.00% Pass

FTSE Pass

RatioValueThresholdResult
Interest-bearing debt 2.13% 33.33% Pass
Cash + interest-bearing securities 28.53% 33.33% Pass
Accounts receivable 40.19% 50.00% Pass
Non-permissible income 0.19% 5.00% Pass

Dow Jones Islamic Market Pass

Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 1.26% 33.00% Pass
Cash + interest-bearing securities 16.91% 33.00% Pass
Accounts receivable 6.91% 33.00% Pass
Non-permissible income 0.19% 5.00% Pass

S&P Shariah Pass

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 1.28% 33.00% Pass
Cash + interest-bearing securities 17.08% 49.00% Pass
Accounts receivable 6.98% 49.00% Pass
Non-permissible income 0.19% 5.00% Pass

MSCI M-Series Pass

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 1.28% 33.33% Pass
Cash + interest-bearing securities 17.08% 33.33% Pass
Accounts receivable 24.06% 49.00% Pass
Non-permissible income 0.19% 5.00% Pass

Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.

803.08722.07641.07560.06479.052025-09-122026-03-172026-09-11

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
561.00
S2
566.00
S1
574.00
PIVOT
579.00
R1
587.00
R2
592.00
R3
600.00

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

7-day expected range
563.72 636.28
±6.05% from 600.00, made 2026-09-02 · resolves 2026-09-09
STRONG BUY
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 22587 forecast(s) are currently open and will be scored automatically when their horizon expires.

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

Technical Summary

SELL
19 indicators
OscillatorsSTRONG SELL
1 buy · 3 neutral · 3 sell
Moving averagesNEUTRAL
6 buy · 0 neutral · 6 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)51.60NEUTRAL
Stochastic %K (14)30.95NEUTRAL
CCI (20)-109.57BUY
Williams %R (14)-69.05NEUTRAL
MACD (12,26,9)-5.16SELL
ROC (10)-3.16SELL
Momentum (10)-19.00SELL
EMA (10)587.38SELL
SMA (10)591.60SELL
EMA (20)585.20SELL
SMA (20)595.60SELL
EMA (30)578.33BUY
SMA (30)579.43BUY
EMA (50)568.75BUY
SMA (50)557.04BUY
EMA (100)576.48BUY
SMA (100)551.82BUY
EMA (200)639.57SELL
SMA (200)638.55SELL

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

About EM Systems Co., Ltd.

Healthcare · Health Information Services

EM Systems Co., Ltd., together with its subsidiaries, develops, sells, and maintains various IT systems for pharmacies, clinics, and care/welfare other business in Japan. The company operates through Dispensing Systems Business, Medical Systems Business, Nursing Care/Welfare System Business, and Other Business segments. It develops and sells IT systems for pharmacies, such as medical fee receipt computers and electronic medication record systems; IT systems for clinics, including medical accounting and electronic medical record systems; and office processing systems for care/welfare providers. In addition, the company offers staffing, pharmacy management, cashless, and development and operation of statistical information analysis services. EM Systems Co., Ltd. was incorporated in 1980 and is based in Osaka, Japan.

emsystems.co.jp ↗

Background via Yahoo Finance — informational, not part of the verdict.

🕌 In-house Ratio Research — EDINET XBRL (Japan)

Research only, not the primary verdict above — SEC EDGAR (the source for the main in-house research card, if shown) has no data for this symbol, so this is computed from a real, country-specific filing instead. Business-activity screening isn't part of this check.

AAOIFI Standard 21 (% of market cap) — Unverified
Debt ratio 6.4% (< 30%)
Investments ratio partial 23.4% (< 30%)
Non permissible income ratio no data
Usmani (% of total assets) — Unverified
Debt ratio 8.7% (< 33%)
Investments ratio partial 32.1% (< 33%)
Non permissible income ratio no data

Based on the filing period ending 2023-12-31, figures in JPY.

SMC — Top Down

Not enough price history yet for a smart-money structure read on any timeframe.

Momentum & Volume

Peer Movement

Peer movement computing — it will appear here on its own.

Insider Activity (90d)

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

NEUTRAL   report date 2026-09-08 · Asset managers net 912361 (-21819)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.