Ankündigung • Jan 11
Cybernet Systems Co., Ltd. to Delist from Standard Section of Tokyo Stock Exchange, Effective February 09 Cybernet Systems Co., Ltd. will be delisted from standard section of Tokyo Stock Exchange effective from February 09, 2024. Delisting is due to Acquisition by a demand for share, etc. cash-out. Ankündigung • Dec 24
Cybernet Systems Co., Ltd. to Report Fiscal Year 2023 Results on Feb 09, 2024 Cybernet Systems Co., Ltd. announced that they will report fiscal year 2023 results on Feb 09, 2024 Reported Earnings • Nov 10
Third quarter 2023 earnings released: EPS: JP¥7.86 (vs JP¥0.87 in 3Q 2022) Third quarter 2023 results: EPS: JP¥7.86 (up from JP¥0.87 in 3Q 2022). Revenue: JP¥5.28b (up 13% from 3Q 2022). Net income: JP¥243.0m (up JP¥216.0m from 3Q 2022). Profit margin: 4.6% (up from 0.6% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. New Risk • Nov 09
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 7.1% 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 Dividend is not well covered by earnings (124% payout ratio). Share price has been volatile over the past 3 months (7.1% average weekly change). Valuation Update With 7 Day Price Move • Nov 09
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to JP¥1,011, the stock trades at a trailing P/E ratio of 43.7x. Average trailing P/E is 23x in the Software industry in Japan. Total returns to shareholders of 32% over the past three years. Buying Opportunity • Nov 07
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be JP¥998, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Earnings per share has declined by 26%. Ankündigung • Sep 27
Cybernet Systems Co., Ltd. to Report Q3, 2023 Results on Nov 08, 2023 Cybernet Systems Co., Ltd. announced that they will report Q3, 2023 results on Nov 08, 2023 Buying Opportunity • Aug 12
Now 25% undervalued after recent price drop Over the last 90 days, the stock is down 10%. The fair value is estimated to be JP¥980, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Earnings per share has declined by 26%. Reported Earnings • Aug 10
Second quarter 2023 earnings released: EPS: JP¥3.92 (vs JP¥10.03 in 2Q 2022) Second quarter 2023 results: EPS: JP¥3.92 (down from JP¥10.03 in 2Q 2022). Revenue: JP¥5.11b (flat on 2Q 2022). Net income: JP¥121.0m (down 61% from 2Q 2022). Profit margin: 2.4% (down from 6.1% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥14.50 per share at 3.3% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 30 August 2023. Payout ratio is on the higher end at 99%, however this is supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.5%). Ankündigung • Jun 17
Cybernet Systems Co., Ltd. to Report Q2, 2023 Results on Aug 09, 2023 Cybernet Systems Co., Ltd. announced that they will report Q2, 2023 results on Aug 09, 2023 Reported Earnings • May 12
First quarter 2023 earnings released: EPS: JP¥5.44 (vs JP¥8.45 in 1Q 2022) First quarter 2023 results: EPS: JP¥5.44 (down from JP¥8.45 in 1Q 2022). Revenue: JP¥4.90b (up 5.6% from 1Q 2022). Net income: JP¥168.0m (down 36% from 1Q 2022). Profit margin: 3.4% (down from 5.7% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Reported Earnings • Feb 12
Full year 2022 earnings released: EPS: JP¥32.28 (vs JP¥57.27 in FY 2021) Full year 2022 results: EPS: JP¥32.28 (down from JP¥57.27 in FY 2021). Revenue: JP¥19.9b (down 12% from FY 2021). Net income: JP¥999.0m (down 44% from FY 2021). Profit margin: 5.0% (down from 7.9% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Ankündigung • Feb 11
Cybernet Systems Co., Ltd., Annual General Meeting, Mar 10, 2023 Cybernet Systems Co., Ltd., Annual General Meeting, Mar 10, 2023. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥14.80 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 28 February 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.9%). Ankündigung • Dec 06
Cybernet Systems Co., Ltd. to Report Fiscal Year 2022 Results on Feb 09, 2023 Cybernet Systems Co., Ltd. announced that they will report fiscal year 2022 results on Feb 09, 2023 Board Change • Nov 16
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 8 new directors. 3 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent External Director Hajimu Kishi is the most experienced director on the board, commencing their role in 2017. Independent Director Yoshisuke Hasegawa was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Nov 04
Third quarter 2022 earnings released: EPS: JP¥0.87 (vs JP¥15.61 in 3Q 2021) Third quarter 2022 results: EPS: JP¥0.87 (down from JP¥15.61 in 3Q 2021). Revenue: JP¥4.67b (down 7.3% from 3Q 2021). Net income: JP¥27.0m (down 95% from 3Q 2021). Profit margin: 0.6% (down from 9.7% in 3Q 2021). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Ankündigung • Sep 14
Cybernet Systems Co., Ltd. to Report Q3, 2022 Results on Nov 02, 2022 Cybernet Systems Co., Ltd. announced that they will report Q3, 2022 results on Nov 02, 2022 Reported Earnings • Aug 04
Second quarter 2022 earnings released: EPS: JP¥10.03 (vs JP¥32.64 in 2Q 2021) Second quarter 2022 results: EPS: JP¥10.03 (down from JP¥32.64 in 2Q 2021). Revenue: JP¥5.10b (down 31% from 2Q 2021). Net income: JP¥310.0m (down 70% from 2Q 2021). Profit margin: 6.1% (down from 14% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 22% per year. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥14.80 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 24 August 2022. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.0%). Ankündigung • Jun 05
Cybernet Systems Co., Ltd. to Report Q2, 2022 Results on Aug 03, 2022 Cybernet Systems Co., Ltd. announced that they will report Q2, 2022 results on Aug 03, 2022 Reported Earnings • May 13
First quarter 2022 earnings released: EPS: JP¥8.45 (vs JP¥13.09 in 1Q 2021) First quarter 2022 results: EPS: JP¥8.45 (down from JP¥13.09 in 1Q 2021). Revenue: JP¥4.64b (down 10% from 1Q 2021). Net income: JP¥263.0m (down 36% from 1Q 2021). Profit margin: 5.7% (down from 7.9% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 8 new directors. 3 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent External Director Hajimu Kishi is the most experienced director on the board, commencing their role in 2017. Independent Director Yoshisuke Hasegawa was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Ankündigung • Apr 01
Cybernet Systems Co., Ltd. to Report Q1, 2022 Results on May 11, 2022 Cybernet Systems Co., Ltd. announced that they will report Q1, 2022 results on May 11, 2022 Ankündigung • Feb 16
Cybernet Systems Co., Ltd. (TSE:4312) announces an Equity Buyback for 320,000 shares, representing 1.03% for ¥230 million. Cybernet Systems Co., Ltd. (TSE:4312) announces a share repurchase program. Under the program, the company will repurchase up to 320,000 shares, representing 1.03% for ¥230 million. The purpose of the program is to improve capital efficiency by comprehensively considering cash on hand and stock price level, and implementing it flexibly. The program will expire on March 18, 2022. As of February 14, 2022, the company had 31,191,169 shares in issue (excluding treasury stock) and 884,831 shares in treasury. Ankündigung • Feb 12
Cybernet Systems Co., Ltd., Annual General Meeting, Mar 18, 2022 Cybernet Systems Co., Ltd., Annual General Meeting, Mar 18, 2022. Reported Earnings • Feb 10
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: JP¥57.27 (up from JP¥50.08 in FY 2020). Revenue: JP¥22.7b (up 4.8% from FY 2020). Net income: JP¥1.79b (up 14% from FY 2020). Profit margin: 7.9% (up from 7.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥16.54 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 24 February 2022. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.5%). Reported Earnings • Nov 05
Third quarter 2021 earnings released: EPS JP¥15.61 (vs JP¥12.06 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥5.04b (up 7.1% from 3Q 2020). Net income: JP¥487.0m (up 30% from 3Q 2020). Profit margin: 9.7% (up from 8.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥13.47 per share Eligible shareholders must have bought the stock before 29 June 2021. Payment date: 24 August 2021. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (3.1%). Higher than average of industry peers (1.4%). Reported Earnings • May 08
First quarter 2021 earnings released: EPS JP¥13.09 (vs JP¥12.77 in 1Q 2020) The company reported a solid first quarter result with improved earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: JP¥5.16b (flat on 1Q 2020). Net income: JP¥408.0m (up 2.5% from 1Q 2020). Profit margin: 7.9% (up from 7.8% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Ankündigung • Mar 13
Cybernet Systems Co., Ltd. Announces Dividend for the Year Ended December 31, 2020; Provides Dividend Guidance for the Year Ending December 31, 2021 Cybernet Systems Co., Ltd. announced dividend of JPY 14.62 per share for the year ended December 31, 2020 compared to JPY 12.19 per share paid a year ago.
Total dividend for 2020 was JPY 25.05 per share against JPY 22.62 per share a year ago.
For 2021, the company expects to pay dividend of JPY 26.94 per share for the year ending December 31, 2020 compared to JPY 20.19 paid a year ago. Ankündigung • Mar 11
Cybernet Systems Co., Ltd. to Report Q1, 2021 Results on May 06, 2021 Cybernet Systems Co., Ltd. announced that they will report Q1, 2021 results on May 06, 2021 Is New 90 Day High Low • Feb 18
New 90-day low: JP¥864 The company is down 2.0% from its price of JP¥885 on 20 November 2020. The Japanese market is up 13% 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. Reported Earnings • Feb 14
Full year 2020 earnings released: EPS JP¥50.08 (vs JP¥40.38 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥21.7b (up 1.5% from FY 2019). Net income: JP¥1.56b (up 24% from FY 2019). Profit margin: 7.2% (up from 5.9% in FY 2019). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Ankündigung • Feb 12
Cybernet Systems Co., Ltd., Annual General Meeting, Mar 10, 2021 Cybernet Systems Co., Ltd., Annual General Meeting, Mar 10, 2021. Is New 90 Day High Low • Dec 09
New 90-day high: JP¥1,018 The company is up 24% from its price of JP¥818 on 10 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 5.0% over the same period. Ankündigung • Sep 12
Cybernet Systems Co., Ltd. to Report Q3, 2020 Results on Nov 04, 2020 Cybernet Systems Co., Ltd. announced that they will report Q3, 2020 results on Nov 04, 2020 
