Announcement • Jun 24
Sega Sammy Holdings Inc. Announces Board Changes SEGA SAMMY HOLDINGS INC. notified that at the Board of Directors meeting of the Company, after the close of its Ordinary General Meeting of Shareholders held on June 24, 2026, retirement of Melanie Brock as Director of the Board (External) and elected Rie Yano as Director of the Board (External). Reported Earnings • Jun 23
Full year 2026 earnings: EPS misses analyst expectations Full year 2026 results: JP¥27.35 loss per share (down from JP¥210 profit in FY 2025). Revenue: JP¥487.5b (up 14% from FY 2025). Net loss: JP¥5.76b (down 113% from profit in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 84%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Leisure industry in Japan. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Reported Earnings • May 13
Full year 2026 earnings: EPS misses analyst expectations Full year 2026 results: JP¥27.35 loss per share (down from JP¥210 profit in FY 2025). Revenue: JP¥487.5b (up 14% from FY 2025). Net loss: JP¥5.76b (down 113% from profit in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 84%. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Leisure industry in Japan. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Announcement • May 12
Sega Sammy Holdings Inc., Annual General Meeting, Jun 24, 2026 Sega Sammy Holdings Inc., Annual General Meeting, Jun 24, 2026. Announcement • Apr 08
Sega Sammy Holdings Inc. to Report Fiscal Year 2026 Results on May 12, 2026 Sega Sammy Holdings Inc. announced that they will report fiscal year 2026 results on May 12, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥28.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 04 June 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.3%). New Risk • Feb 14
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 14
Third quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2026 results: JP¥93.45 loss per share (down from JP¥53.26 profit in 3Q 2025). Revenue: JP¥134.1b (up 21% from 3Q 2025). Net loss: JP¥19.6b (down 273% from profit in 3Q 2025). Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Leisure industry in Japan. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Feb 13
Sega Sammy Holdings Inc. (TSE:6460) announces an Equity Buyback for 12,000,000 shares, representing 5.71% for ¥20,000 million. Sega Sammy Holdings Inc. (TSE:6460) announces a share repurchase program. Under the program, the company will repurchase up to 12,000,000 shares, representing 5.71% of its issued share capital (excluding treasury stock), for a total purchase price of ¥20,000 million. The purpose of the program is to maximize corporate value through management focused capital efficiency. The program will be valid till July 31, 2026. As of March 31, 2025, the company had 221,229,476 issued shares (including treasury stock) and 10,952,377 treasury shares. Price Target Changed • Jan 06
Price target decreased by 8.0% to JP¥3,473 Down from JP¥3,773, the current price target is an average from 11 analysts. New target price is 39% above last closing price of JP¥2,507. Stock is down 18% over the past year. The company is forecast to post earnings per share of JP¥178 for next year compared to JP¥210 last year. Announcement • Dec 16
Sega Sammy Holdings Inc. to Report Q3, 2026 Results on Feb 13, 2026 Sega Sammy Holdings Inc. announced that they will report Q3, 2026 results on Feb 13, 2026 Declared Dividend • Dec 04
First half dividend of JP¥28.00 announced Shareholders will receive a dividend of JP¥28.00. Ex-date: 30th March 2026 Payment date: 4th June 2026 Dividend yield will be 2.0%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (33% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 90% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 08
Second quarter 2026 earnings: Revenues and EPS in line with analyst expectations Second quarter 2026 results: EPS: JP¥29.22 (up from JP¥27.16 in 2Q 2025). Revenue: JP¥120.1b (up 12% from 2Q 2025). Net income: JP¥6.14b (up 4.8% from 2Q 2025). Profit margin: 5.1% (down from 5.5% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Leisure industry in Japan. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Nov 06
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to JP¥2,785. The fair value is estimated to be JP¥3,516, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has declined by 6.6%. For the next 3 years, revenue is forecast to grow by 7.0% per annum. Earnings are also forecast to grow by 23% per annum over the same time period. Announcement • Sep 27
Sega Sammy Holdings Inc. to Report Q2, 2026 Results on Nov 07, 2025 Sega Sammy Holdings Inc. announced that they will report Q2, 2026 results on Nov 07, 2025 Reported Earnings • Aug 09
First quarter 2026 earnings: EPS and revenues miss analyst expectations First quarter 2026 results: JP¥15.89 loss per share (down from JP¥114 profit in 1Q 2025). Revenue: JP¥81.0b (down 23% from 1Q 2025). Net loss: JP¥3.39b (down 114% from profit in 1Q 2025). Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Leisure industry in Japan. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Declared Dividend • Jul 09
Final dividend of JP¥27.00 announced Shareholders will receive a dividend of JP¥27.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 1.7%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (25% earnings payout ratio) but not covered by cash flows (128% cash payout ratio). The dividend has increased by an average of 3.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 27
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥210 (up from JP¥151 in FY 2024). Revenue: JP¥428.9b (down 8.3% from FY 2024). Net income: JP¥45.1b (up 36% from FY 2024). Profit margin: 11% (up from 7.1% in FY 2024). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Leisure industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 26
Sega Sammy Holdings Inc. to Report Q1, 2026 Results on Aug 08, 2025 Sega Sammy Holdings Inc. announced that they will report Q1, 2026 results on Aug 08, 2025 New Risk • Jun 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to JP¥3,655, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Leisure industry in Japan. Total returns to shareholders of 86% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,473 per share. Announcement • May 13
Sega Sammy Holdings Inc. (TSE:6460) announces an Equity Buyback for 6,000,000 shares, representing 2.49% for ¥12,000 million. Sega Sammy Holdings Inc. (TSE:6460) announces a share repurchase program. Under the program, the company will repurchase up to 6,000,000 shares, representing 2.49% of its issued share capital (excluding treasury stock), for a total purchase price of ¥12,000 million. The purpose of the program is the future business growth on the premise of the new medium-term plan. The program will be valid till December 31, 2025. As of March 31, 2025, the company had 241,229,476 issued shares (excluding treasury stock) and 27,418,879 treasury shares. Buy Or Sell Opportunity • May 13
Now 20% undervalued Over the last 90 days, the stock has risen 5.5% to JP¥3,148. The fair value is estimated to be JP¥3,950, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 4.2%. For the next 3 years, revenue is forecast to grow by 6.1% per annum. Earnings are also forecast to grow by 8.6% per annum over the same time period. Announcement • Mar 27
Sega Sammy Holdings Inc. to Report Fiscal Year 2025 Results on May 12, 2025 Sega Sammy Holdings Inc. announced that they will report fiscal year 2025 results on May 12, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 05 June 2025. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (1.8%). Announcement • Feb 28
Sega Sammy Holdings Inc. Announces Executive Changes, Effective April 1, 2025 Sega Sammy Holdings Inc. announced Change in Executive Officer as of April 1, 2025: Name: Takaharu Kato, Former Title is Vice President, Executive Officer (Managing Director of IT Solution Division), New Title is Senior Vice President, Executive Officer (Managing Director of IT Solution Division). Reported Earnings • Feb 08
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: JP¥53.26 (down from JP¥55.65 in 3Q 2024). Revenue: JP¥110.7b (down 14% from 3Q 2024). Net income: JP¥11.4b (down 6.9% from 3Q 2024). Profit margin: 10% (in line with 3Q 2024). Revenue missed analyst estimates by 19%. Earnings per share (EPS) also missed analyst estimates by 8.8%. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Leisure industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 08
Sega Sammy Holdings Inc. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2025 Sega Sammy Holdings Inc. revised consolidated earnings guidance for the fiscal year ending March 31, 2025. For the year, the company expects revised net sales of JPY 425,000 million, operating income of JPY 46,000 million, profit attributable to owners of parent of JPY 37,500 million and net income per share of JPY 174.35 compared to previously expected net sales of JPY 445,000 million, operating income of JPY 45,000 million, profit attributable to owners of parent of JPY 39,000 million and net income per share of JPY 180.54. Reasons for revision of full year consolidated operating results forecast: Due to the strong performance mainly in the Consumer area and the Animation area in the Entertainment Contents Business, The company expects an increase in profit up to ordinary income level for the fiscal year ending March 2025 compared to the previous forecast. On the other hand, as a result of recording of loss on business restructuring associated with the transfer of Amplitude Studios SAS, an overseas development studio, through a management buyout (MBO), as an extraordinary loss in the second quarter, the adjusted EBITDA, which is one of the company's management indicators, is expected to fall below the previous forecast. Since it is difficult to calculate a reasonable tax rate at this stage, profit attributable to owners of parent is calculated at a simplified tax rate of 30% and The company expects profit attributable to owners of parent in this fiscal year to fall below the previous forecast. New Risk • Feb 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.2% average weekly change). Profit margins are more than 30% lower than last year (8.8% net profit margin). Announcement • Jan 17
Sega Sammy Holdings Inc. to Report Q3, 2025 Results on Feb 07, 2025 Sega Sammy Holdings Inc. announced that they will report Q3, 2025 results on Feb 07, 2025 Valuation Update With 7 Day Price Move • Dec 26
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥3,078, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Leisure industry in Japan. Total returns to shareholders of 82% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,270 per share. Buy Or Sell Opportunity • Dec 24
Now 22% overvalued Over the last 90 days, the stock has fallen 6.7% to JP¥2,728. The fair value is estimated to be JP¥2,243, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 9.6%. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings are also forecast to grow by 3.0% per annum over the same time period. Declared Dividend • Dec 04
First half dividend of JP¥25.00 announced Shareholders will receive a dividend of JP¥25.00. Ex-date: 28th March 2025 Payment date: 5th June 2025 Dividend yield will be 1.9%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 2.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 09
Second quarter 2025 earnings: EPS misses analyst expectations Second quarter 2025 results: EPS: JP¥27.16 (up from JP¥26.52 in 2Q 2024). Revenue: JP¥106.9b (down 5.5% from 2Q 2024). Net income: JP¥5.86b (flat on 2Q 2024). Profit margin: 5.5% (up from 5.2% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 46%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Leisure industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 15% per year. Price Target Changed • Oct 12
Price target increased by 7.1% to JP¥3,246 Up from JP¥3,030, the current price target is an average from 9 analysts. New target price is 9.0% above last closing price of JP¥2,979. Stock is up 20% over the past year. The company is forecast to post earnings per share of JP¥216 for next year compared to JP¥151 last year. Announcement • Sep 25
Sega Sammy Holdings Inc. to Report Q2, 2025 Results on Nov 08, 2024 Sega Sammy Holdings Inc. announced that they will report Q2, 2025 results on Nov 08, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%). Buy Or Sell Opportunity • Sep 02
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 13% to JP¥2,579. The fair value is estimated to be JP¥2,147, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 22%. For the next 3 years, revenue is forecast to grow by 3.4% per annum. Earnings are also forecast to grow by 3.0% per annum over the same time period. Reported Earnings • Aug 13
First quarter 2025 earnings: EPS and revenues exceed analyst expectations First quarter 2025 results: EPS: JP¥114 (up from JP¥78.18 in 1Q 2024). Revenue: JP¥104.8b (down 3.0% from 1Q 2024). Net income: JP¥24.5b (up 42% from 1Q 2024). Profit margin: 23% (up from 16% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 8.0%. Earnings per share (EPS) also surpassed analyst estimates by 71%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Leisure industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 18% per year. New Risk • Aug 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.1% net profit margin). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to JP¥1,884, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Leisure industry in Japan. Total returns to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,149 per share. Declared Dividend • Jul 11
Final dividend of JP¥25.00 announced Shareholders will receive a dividend of JP¥25.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 2.1%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 27
Sega Sammy Holdings Inc. to Report Q1, 2025 Results on Aug 07, 2024 Sega Sammy Holdings Inc. announced that they will report Q1, 2025 results on Aug 07, 2024 Buy Or Sell Opportunity • May 14
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 31% to JP¥2,395. The fair value is estimated to be JP¥1,942, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 37%. For the next 3 years, revenue is forecast to grow by 2.9% per annum. Earnings are also forecast to grow by 5.2% per annum over the same time period. New Risk • May 12
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.1% Last year net profit margin: 12% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.1% net profit margin). Reported Earnings • May 12
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: JP¥151 (down from JP¥208 in FY 2023). Revenue: JP¥467.9b (up 20% from FY 2023). Net income: JP¥33.1b (down 28% from FY 2023). Profit margin: 7.1% (down from 12% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 21%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Leisure industry in Japan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • May 12
Sega Sammy Holdings Inc., Annual General Meeting, Jun 25, 2024 Sega Sammy Holdings Inc., Annual General Meeting, Jun 25, 2024. Board Change • May 01
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Executive VP & Director Shigeru Yamashita was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Major Estimate Revision • Apr 09
Consensus EPS estimates fall by 10% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from JP¥138 to JP¥124 per share. Revenue forecast steady at JP¥462.4b. Net income forecast to shrink 24% next year vs 11% growth forecast for Leisure industry in Japan . Consensus price target broadly unchanged at JP¥2,810. Share price rose 2.8% to JP¥2,001 over the past week. Announcement • Mar 27
Sega Sammy Holdings Inc. to Report Fiscal Year 2024 Results on May 10, 2024 Sega Sammy Holdings Inc. announced that they will report fiscal year 2024 results on May 10, 2024 Buy Or Sell Opportunity • Mar 25
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.3% to JP¥1,869. The fair value is estimated to be JP¥2,361, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.7% per annum. Earnings are also forecast to grow by 1.1% per annum over the same time period. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥24.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.2%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.8%). Buy Or Sell Opportunity • Mar 04
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to JP¥1,875. The fair value is estimated to be JP¥2,345, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings are also forecast to grow by 1.2% per annum over the same time period. Buy Or Sell Opportunity • Feb 14
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to JP¥1,827. The fair value is estimated to be JP¥2,292, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 3.0% per annum. Earnings are also forecast to grow by 1.4% per annum over the same time period. Reported Earnings • Feb 10
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: EPS: JP¥55.65 (down from JP¥105 in 3Q 2023). Revenue: JP¥128.8b (up 5.6% from 3Q 2023). Net income: JP¥12.2b (down 47% from 3Q 2023). Profit margin: 9.5% (down from 19% in 3Q 2023). Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) also missed analyst estimates by 31%. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Leisure industry in Japan. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Feb 10
Sega Sammy Holdings Inc. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024 Sega Sammy Holdings Inc. revised consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company expects net sales to be JPY 463,000 million against previous guidance of JPY 474,000 million. Operating income to be JPY 51,000 million against previous guidance of JPY 60,000 million. Profit attributable to owners of parent to be JPY 28,000 million against previous guidance of JPY 35,000 million. Net income per share to be JPY 127.07 against previous guidance of JPY 158.54. Announcement • Jan 11
Sega Sammy Holdings to Implement Changes in Directors Sega Sammy Holdings announced change in Directors at Major Subsidiaries of the Company as of April 1, 2024 Yukio Sugino is scheduled to be appointed as President, Representative Director of SEGA FAVE CORPORATION on April 1, 2024. Shigeru Yamashita and Taketo Oshima is scheduled to be appointed as Executive Vice President, Director of the Board of SEGA FAVE CORPORATION on April 1, 2024. Hideo Yoshizawa will continue to serve as Senior Vice President, Director of the Board of SEGA SAMMY HOLDINGS INC. Brief Career Profile of the Candidates for Newly Appointed President and COO, Representative Director. Announcement • Dec 28
Sega Sammy Holdings Inc. to Report Q3, 2024 Results on Feb 09, 2024 Sega Sammy Holdings Inc. announced that they will report Q3, 2024 results on Feb 09, 2024 