New Risk • Jun 11
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 11% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 11% per year for the foreseeable future. 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. Market cap is less than US$100m (JP¥16.1b market cap, or US$100.0m). Buy Or Sell Opportunity • Jun 03
Now 20% undervalued Over the last 90 days, the stock has risen 3.5% to JP¥1,074. The fair value is estimated to be JP¥1,347, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 24%. Reported Earnings • May 16
Full year 2026 earnings: EPS and revenues exceed analyst expectations Full year 2026 results: EPS: JP¥111 (up from JP¥90.36 in FY 2025). Revenue: JP¥7.06b (up 6.0% from FY 2025). Net income: JP¥1.74b (up 24% from FY 2025). Profit margin: 25% (up from 21% in FY 2025). Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 34%. Revenue is forecast to grow 4.7% p.a. on average during the next 2 years, compared to a 9.9% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • May 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥893, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Software industry in Japan. Total loss to shareholders of 45% over the past three years. Buy Or Sell Opportunity • May 14
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to JP¥942. The fair value is estimated to be JP¥1,180, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 10% in 2 years. Earnings are forecast to decline by 34% in the next 2 years. Ankündigung • May 13
Advanced Media, Inc., Annual General Meeting, Jun 25, 2026 Advanced Media, Inc., Annual General Meeting, Jun 25, 2026. New Risk • May 13
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.7b (US$99.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 16% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (105% cash payout ratio). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥15.7b market cap, or US$99.5m). Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥1,119, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Software industry in Japan. Total loss to shareholders of 36% over the past three years. Ankündigung • Mar 27
Advanced Media, Inc. (TSE:3773) announces an Equity Buyback for 2,500,000 shares, representing 15.96% for ¥3,000 million. Advanced Media, Inc. (TSE:3773) announces a share repurchase program. Under the program, the company will repurchase up to 2,500,000 shares, representing 15.96% of its share capital, for ¥3,000 million. The purpose of the program is to improve capital efficiency, as well as to enhance shareholder returns and facilitate the implementation of a flexible capital policy aimed at future business expansion. The program will expire on March 27, 2027. As of February 28, 2026, the company had 15,660,391 shares in issue (excluding treasury stock) and 2,732,333 shares in treasury. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 09 June 2026. Payout ratio is a comfortable 26% but the company is paying out more than the cash it is generating. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.3%). New Risk • Mar 04
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.6b (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 16% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (105% cash payout ratio). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥15.6b market cap, or US$99.4m). Ankündigung • Feb 15
Advanced Media, Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2026 Advanced Media, Inc. provided consolidated earnings guidance for the fiscal year ending March 31, 2026. For the year, the company expects net sales of JPY 8,000 million, operating profit of JPY 1,800 million, profit attributable to owners of parent of JPY 1,400 million or JPY 89.54 basic earnings per share. Reported Earnings • Feb 07
Third quarter 2026 earnings released: EPS: JP¥21.65 (vs JP¥12.31 in 3Q 2025) Third quarter 2026 results: EPS: JP¥21.65 (up from JP¥12.31 in 3Q 2025). Revenue: JP¥1.84b (up 15% from 3Q 2025). Net income: JP¥339.0m (up 77% from 3Q 2025). Profit margin: 18% (up from 12% in 3Q 2025). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. New Risk • Nov 12
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 104% Dividend yield: 2.6% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (104% cash payout ratio). Large one-off items impacting financial results. Declared Dividend • Nov 10
Dividend of JP¥30.00 announced Shareholders will receive a dividend of JP¥30.00. Ex-date: 30th March 2026 Payment date: 9th June 2026 Dividend yield will be 2.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (28% earnings payout ratio) and cash flows (65% cash payout ratio). The dividend has increased by an average of 31% per year over the past 2 years and payments have been stable during that time. EPS is expected to decline by 31% over the next 3 years. However, it would need to fall by 69% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Nov 08
Second quarter 2026 earnings released: EPS: JP¥30.08 (vs JP¥21.75 in 2Q 2025) Second quarter 2026 results: EPS: JP¥30.08 (up from JP¥21.75 in 2Q 2025). Revenue: JP¥1.67b (down 1.1% from 2Q 2025). Net income: JP¥470.6m (up 39% from 2Q 2025). Profit margin: 28% (up from 20% in 2Q 2025). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. New Risk • Oct 14
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.2b (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 8.4% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (JP¥15.2b market cap, or US$99.8m). New Risk • Sep 16
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 8.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 8.4% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (6.2% average weekly change). Ankündigung • Sep 03
Advanced Media, Inc. to Report Q2, 2026 Results on Nov 07, 2025 Advanced Media, Inc. announced that they will report Q2, 2026 results on Nov 07, 2025 Reported Earnings • Aug 09
First quarter 2026 earnings released: EPS: JP¥11.80 (vs JP¥13.32 in 1Q 2025) First quarter 2026 results: EPS: JP¥11.80 (down from JP¥13.32 in 1Q 2025). Revenue: JP¥1.51b (up 1.8% from 1Q 2025). Net income: JP¥184.0m (down 11% from 1Q 2025). Profit margin: 12% (down from 14% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 08
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥969, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 26x in the Software industry in Japan. Total returns to shareholders of 11% over the past three years. Ankündigung • Jun 29
Advanced Media, Inc. to Report Q1, 2026 Results on Aug 08, 2025 Advanced Media, Inc. announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • May 12
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥90.36 (up from JP¥64.82 in FY 2024). Revenue: JP¥6.67b (up 11% from FY 2024). Net income: JP¥1.41b (up 40% from FY 2024). Profit margin: 21% (up from 17% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 28%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Ankündigung • May 09
Advanced Media, Inc., Annual General Meeting, Jun 26, 2025 Advanced Media, Inc., Annual General Meeting, Jun 26, 2025. Ankündigung • Apr 09
Advanced Media, Inc. to Report Fiscal Year 2025 Results on May 09, 2025 Advanced Media, Inc. announced that they will report fiscal year 2025 results at 12:00 PM, Tokyo Standard Time on May 09, 2025 Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥706, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 19x in the Software industry in Japan. Total returns to shareholders of 27% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 10 June 2025. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%). New Risk • Feb 12
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.1b (US$98.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.8% average weekly change). Market cap is less than US$100m (JP¥15.1b market cap, or US$98.5m). Buy Or Sell Opportunity • Feb 08
Now 28% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.4% to JP¥1,021. The fair value is estimated to be JP¥1,426, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 31%. Revenue is forecast to grow by 32% in 2 years. Earnings are forecast to grow by 48% in the next 2 years. Ankündigung • Jan 24
Advanced Media, Inc. to Report Q3, 2025 Results on Feb 07, 2025 Advanced Media, Inc. announced that they will report Q3, 2025 results on Feb 07, 2025 New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Share price has been volatile over the past 3 months (5.1% average weekly change). Reported Earnings • Nov 10
Second quarter 2025 earnings released: EPS: JP¥21.75 (vs JP¥23.34 in 2Q 2024) Second quarter 2025 results: EPS: JP¥21.75 (down from JP¥23.34 in 2Q 2024). Revenue: JP¥1.68b (up 1.5% from 2Q 2024). Net income: JP¥339.0m (down 6.4% from 2Q 2024). Profit margin: 20% (down from 22% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Ankündigung • Sep 03
Advanced Media, Inc. to Report Q2, 2025 Results on Nov 08, 2024 Advanced Media, Inc. announced that they will report Q2, 2025 results on Nov 08, 2024 Reported Earnings • Aug 11
First quarter 2025 earnings released: EPS: JP¥13.32 (vs JP¥6.47 in 1Q 2024) First quarter 2025 results: EPS: JP¥13.32 (up from JP¥6.47 in 1Q 2024). Revenue: JP¥1.48b (up 21% from 1Q 2024). Net income: JP¥207.0m (up 107% from 1Q 2024). Profit margin: 14% (up from 8.1% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. New Risk • Aug 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.8% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.8% average weekly change). Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Market cap is less than US$100m (JP¥13.0b market cap, or US$91.4m). Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥967, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 20x in the Software industry in Japan. Total returns to shareholders of 41% over the past three years. Buy Or Sell Opportunity • Jul 30
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 35% to JP¥1,065. The fair value is estimated to be JP¥1,364, 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 32%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 16% per annum over the same time period. Buy Or Sell Opportunity • Jul 05
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 32% to JP¥1,087. The fair value is estimated to be JP¥1,366, 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 32%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 16% per annum over the same time period. Ankündigung • Jun 30
Advanced Media, Inc. to Report Q1, 2025 Results on Aug 07, 2024 Advanced Media, Inc. announced that they will report Q1, 2025 results on Aug 07, 2024 Buy Or Sell Opportunity • Jun 17
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 38% to JP¥1,045. The fair value is estimated to be JP¥1,379, 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 32%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 16% per annum over the same time period. Valuation Update With 7 Day Price Move • May 22
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥1,170, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 21x in the Software industry in Japan. Total returns to shareholders of 54% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,370 per share. Reported Earnings • May 13
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: JP¥64.82 (up from JP¥52.03 in FY 2023). Revenue: JP¥6.00b (up 16% from FY 2023). Net income: JP¥1.01b (up 16% from FY 2023). Profit margin: 17% (in line with FY 2023). Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 1.3%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Ankündigung • May 12
Advanced Media, Inc., Annual General Meeting, Jun 26, 2024 Advanced Media, Inc., Annual General Meeting, Jun 26, 2024. Buy Or Sell Opportunity • May 10
Now 29% undervalued after recent price drop Over the last 90 days, the stock has fallen 24% to JP¥1,428. The fair value is estimated to be JP¥2,005, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 32%. Revenue is forecast to grow by 29% in 2 years. Earnings are forecast to grow by 33% in the next 2 years. Buy Or Sell Opportunity • Apr 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to JP¥1,600. The fair value is estimated to be JP¥2,017, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 32%. Revenue is forecast to grow by 29% in 2 years. Earnings are forecast to grow by 33% in the next 2 years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥16.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (1.3%). Ankündigung • Mar 03
Advanced Media, Inc. to Report Fiscal Year 2024 Results on May 10, 2024 Advanced Media, Inc. announced that they will report fiscal year 2024 results on May 10, 2024 Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: JP¥13.46 (vs JP¥10.08 in 3Q 2023) Third quarter 2024 results: EPS: JP¥13.46 (up from JP¥10.08 in 3Q 2023). Revenue: JP¥1.44b (up 19% from 3Q 2023). Net income: JP¥209.0m (up 34% from 3Q 2023). Profit margin: 14% (up from 13% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 31% per year. Buying Opportunity • Dec 05
Now 22% undervalued Over the last 90 days, the stock is up 3.4%. The fair value is estimated to be JP¥2,238, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 29% in 2 years. Earnings is forecast to grow by 31% in the next 2 years. Valuation Update With 7 Day Price Move • Dec 04
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥1,693, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 24x in the Software industry in Japan. Total returns to shareholders of 122% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,258 per share. Ankündigung • Dec 03
Advanced Media, Inc. to Report Q3, 2024 Results on Feb 09, 2024 Advanced Media, Inc. announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 08
Second quarter 2024 earnings released: EPS: JP¥23.34 (vs JP¥10.92 in 2Q 2023) Second quarter 2024 results: EPS: JP¥23.34 (up from JP¥10.92 in 2Q 2023). Revenue: JP¥1.66b (up 33% from 2Q 2023). Net income: JP¥362.0m (up 92% from 2Q 2023). Profit margin: 22% (up from 15% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 26% per year. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥1,607, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 26x in the Software industry in Japan. Total returns to shareholders of 105% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,123 per share. Ankündigung • Sep 28
Advanced Media, Inc. to Report Q2, 2024 Results on Nov 07, 2023 Advanced Media, Inc. announced that they will report Q2, 2024 results on Nov 07, 2023 New Risk • Sep 26
New major risk - Revenue and earnings growth Earnings have declined by 2.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.6% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (5.8% average weekly change). Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: JP¥6.47 (vs JP¥5.65 in 1Q 2023) First quarter 2024 results: EPS: JP¥6.47. Revenue: JP¥1.23b (up 16% from 1Q 2023). Net income: JP¥100.0m (down 3.8% from 1Q 2023). Profit margin: 8.1% (down from 9.8% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan. Ankündigung • Jul 07
Advanced Media, Inc. to Report Q1, 2024 Results on Aug 04, 2023 Advanced Media, Inc. announced that they will report Q1, 2024 results on Aug 04, 2023 Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥2,021, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 32x in the Software industry in Japan. Total returns to shareholders of 79% over the past three years. New Risk • Jun 15
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.3% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,808, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 29x in the Software industry in Japan. Total returns to shareholders of 53% over the past three years. Reported Earnings • May 16
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: EPS: JP¥52.03 (up from JP¥24.38 in FY 2022). Revenue: JP¥5.18b (up 16% from FY 2022). Net income: JP¥867.0m (up 94% from FY 2022). Profit margin: 17% (up from 10.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • May 14
Advanced Media, Inc., Annual General Meeting, Jun 28, 2023 Advanced Media, Inc., Annual General Meeting, Jun 28, 2023. Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥1,729, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 27x in the Software industry in Japan. Total returns to shareholders of 115% over the past three years. Reported Earnings • Feb 04
Third quarter 2023 earnings released: EPS: JP¥10.08 (vs JP¥5.71 in 3Q 2022) Third quarter 2023 results: EPS: JP¥10.08 (up from JP¥5.71 in 3Q 2022). Revenue: JP¥1.21b (up 9.3% from 3Q 2022). Net income: JP¥156.0m (up 49% from 3Q 2022). Profit margin: 13% (up from 9.5% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Ankündigung • Jan 07
Advanced Media, Inc. to Report Q3, 2023 Results on Feb 03, 2023 Advanced Media, Inc. announced that they will report Q3, 2023 results on Feb 03, 2023 Reported Earnings • Nov 17
Second quarter 2023 earnings released: EPS: JP¥10.92 (vs JP¥0.33 loss in 2Q 2022) Second quarter 2023 results: EPS: JP¥10.92 (up from JP¥0.33 loss in 2Q 2022). Revenue: JP¥1.25b (up 22% from 2Q 2022). Net income: JP¥189.0m (up JP¥195.0m from 2Q 2022). Profit margin: 15% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. 1 experienced director. 3 highly experienced directors. No independent directors (6 non-independent directors). Founder, Chairman, Chief Executive Officer, President and Executive Officer Kiyoyuki Suzuki is the most experienced director on the board, commencing their role in 1997. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Nov 10
Second quarter 2023 earnings released: EPS: JP¥10.92 (vs JP¥0.33 loss in 2Q 2022) Second quarter 2023 results: EPS: JP¥10.92 (up from JP¥0.33 loss in 2Q 2022). Revenue: JP¥1.25b (up 22% from 2Q 2022). Net income: JP¥189.0m (up JP¥195.0m from 2Q 2022). Profit margin: 15% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Ankündigung • Sep 23
Advanced Media, Inc. to Report Q2, 2023 Results on Nov 08, 2022 Advanced Media, Inc. announced that they will report Q2, 2023 results on Nov 08, 2022 Buying Opportunity • Sep 21
Now 20% undervalued Over the last 90 days, the stock is up 47%. The fair value is estimated to be JP¥1,152, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 19%. Revenue is forecast to grow by 9.6% in a year. Earnings is forecast to grow by 31% in the next year. Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥1,036, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 24x in the Software industry in Japan. Total loss to shareholders of 2.3% over the past three years. Valuation Update With 7 Day Price Move • Aug 12
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥916, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 24x in the Software industry in Japan. Total loss to shareholders of 14% over the past three years. Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥5.65 (vs JP¥1.20 in 1Q 2022) First quarter 2023 results: EPS: JP¥5.65 (up from JP¥1.20 in 1Q 2022). Revenue: JP¥1.06b (up 18% from 1Q 2022). Net income: JP¥104.0m (up 373% from 1Q 2022). Profit margin: 9.8% (up from 2.4% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 9.6%, compared to a 14% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Ankündigung • Jul 03
Advanced Media, Inc. to Report Q1, 2023 Results on Aug 05, 2022 Advanced Media, Inc. announced that they will report Q1, 2023 results on Aug 05, 2022 Ankündigung • Jun 29
Advanced Media, Inc. (TSE:3773) announces an Equity Buyback for 3,000,000 shares, representing 16.31% for ¥3,000 million. Advanced Media, Inc. (TSE:3773) announces a share repurchase program. Under the program, the company will repurchase up to 3,000,000 shares, representing 16.31% of its share capital, for ¥3,000 million. The purpose of the program is to return profits to shareholders and improve capital efficiency, and to implement agile capital policies for future business expansion and achievement of business plans. The program will expire on June 29, 2023. As of March 31, 2022, the company had 18,392,591 shares in issue (excluding treasury stock) and 133 shares in treasury. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 22% share price gain to JP¥773, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 22x in the Software industry in Japan. Total loss to shareholders of 41% over the past three years. Valuation Update With 7 Day Price Move • May 31
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥637, the stock trades at a trailing P/E ratio of 26.2x. Average trailing P/E is 23x in the Software industry in Japan. Total loss to shareholders of 52% over the past three years. Buying Opportunity • May 19
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 5.2%. The fair value is estimated to be JP¥679, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 22%. Reported Earnings • May 17
Full year 2022 earnings released: EPS: JP¥24.38 (vs JP¥34.02 in FY 2021) Full year 2022 results: EPS: JP¥24.38 (down from JP¥34.02 in FY 2021). Revenue: JP¥4.46b (flat on FY 2021). Net income: JP¥448.0m (down 28% from FY 2021). Profit margin: 10.0% (down from 14% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings. Ankündigung • May 14
Advanced Media, Inc., Annual General Meeting, Jun 28, 2022 Advanced Media, Inc., Annual General Meeting, Jun 28, 2022. Board Change • Apr 27
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. 3 highly experienced directors. No independent directors (5 non-independent directors). Founder, Chairman, Chief Executive Officer, President and Executive Officer Kiyoyuki Suzuki is the most experienced director on the board, commencing their role in 1997. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Ankündigung • Apr 08
Advanced Media, Inc. to Report Fiscal Year 2022 Results on May 12, 2022 Advanced Media, Inc. announced that they will report fiscal year 2022 results on May 12, 2022 Reported Earnings • Feb 07
Third quarter 2022 earnings: EPS and revenues exceed analyst expectations Third quarter 2022 results: EPS: JP¥5.71 (up from JP¥2.73 in 3Q 2021). Revenue: JP¥1.11b (up 7.2% from 3Q 2021). Net income: JP¥105.0m (up 110% from 3Q 2021). Profit margin: 9.5% (up from 4.8% in 3Q 2021). Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 56%. Over the next year, revenue is forecast to grow 10.0%, compared to a 16% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 07
Second quarter 2022 earnings released: JP¥0.33 loss per share (vs JP¥3.88 profit in 2Q 2021) The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2022 results: Revenue: JP¥1.02b (up 1.8% from 2Q 2021). Net loss: JP¥6.00m (down 109% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 09
First quarter 2022 earnings released: EPS JP¥1.20 (vs JP¥1.20 in 1Q 2021) The company reported a mediocre first quarter result with weaker profit margins, although earnings were flat and revenues improved. First quarter 2022 results: Revenue: JP¥899.0m (up 4.2% from 1Q 2021). Net income: JP¥22.0m (flat on 1Q 2021). Profit margin: 2.4% (down from 2.5% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings. Reported Earnings • May 17
Full year 2021 earnings released: EPS JP¥34.02 (vs JP¥37.87 in FY 2020) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: JP¥4.43b (down 6.7% from FY 2020). Net income: JP¥623.0m (down 10.0% from FY 2020). Profit margin: 14% (in line with FY 2020). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Feb 11
New 90-day high: JP¥808 The company is up 2.0% from its price of JP¥794 on 13 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 3.0% over the same period. Reported Earnings • Feb 07
Third quarter 2021 earnings released: EPS JP¥2.73 (vs JP¥6.24 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥1.03b (down 8.4% from 3Q 2020). Net income: JP¥50.0m (down 56% from 3Q 2020). Profit margin: 4.8% (down from 10% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Dec 10
New 90-day low: JP¥759 The company is down 12% from its price of JP¥866 on 11 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 6.0% over the same period.