Annonce • Mar 13
SCSK Corporation(TSE:9719) dropped from FTSE All-World Index (USD) SCSK Corporation(TSE:9719) dropped from FTSE All-World Index (USD) Annonce • Dec 24
SCSK Corporation to Report Q3, 2026 Results on Jan 30, 2026 SCSK Corporation announced that they will report Q3, 2026 results on Jan 30, 2026 Annonce • Oct 31
Scsk Corporation Announces Not to Distribute the Year-End Dividend for the Fiscal Year Ending March 31, 2026 SCSK Corporation announced that at the board meeting held on October 29, 2025, the Board of Directors, decided to revise the dividend forecast for the fiscal year ending March 31, 2026 and not to distribute the year-end dividend for the fiscal year ending March 31, 2026 considering that a tender offer (hereinafter referred to as the "Tender Offer") by SC Investments Management Inc. (hereinafter referred to as the "Tender Offeror"), in which the Company's controlling shareholder (parent company) Sumitomo Corporation (hereinafter referred to as "Sumitomo") holds 100% of the shares, for the Company's common shares (hereinafter referred to as the "Company's Shares") and the Stock Acquisition Rights (hereinafter referred to as the "Stock Acquisition Rights") is planned to be conducted, as stated in "Notice Concerning the [Expression of an Opinion in Favor of and Recommendation to Tender] for the Tender Offer for the Company's Shares, etc. by SC Investments Management Inc., a Subsidiary of Sumitomo Corporation, the Company's Parent Company" separately released today (hereinafter referred to as the "Company's Press Release Expressing Opinion"). Annonce • Oct 29
Sumitomo Corporation (TSE:8053) proposed to acquire remaining 49.46% stake in SCSK Corporation (TSE:9719) for approximately ¥880 billion. Sumitomo Corporation (TSE:8053) proposed to acquire remaining 49.46% stake in SCSK Corporation (TSE:9719) for approximately ¥880 billion on October 29, 2025. Under the terms of the acquisition, Sumitomo Corporation will pay ¥5700 in cash per share or a total value of ¥881.7 billion ($5.85 billion). Upon completion, will own 100% stake in SCSK Corporation and a subsequent series of procedures aimed at delisting the shares of SCSK Corporation from Tokyo Stock Exchange.
The transaction is subject to approval of offer by the shareholders of SCSK Corporation. The board of directors of SCSK Corporation has expressed an opinion in favor of the Tender Offer, recommending that the shareholders to tender their shares and leave the decision of whether or not to tender in the Tender Offer to the discretion of the holders of the Stock Acquisition Rights. Annonce • Sep 26
SCSK Corporation to Report Q2, 2026 Results on Oct 29, 2025 SCSK Corporation announced that they will report Q2, 2026 results on Oct 29, 2025 Annonce • Jun 25
SCSK Corporation to Report Q1, 2026 Results on Jul 29, 2025 SCSK Corporation announced that they will report Q1, 2026 results on Jul 29, 2025 Annonce • Apr 30
SCSK Corporation, Annual General Meeting, Jun 24, 2025 SCSK Corporation, Annual General Meeting, Jun 24, 2025. Annonce • Mar 25
SCSK Corporation to Report Fiscal Year 2025 Results on Apr 30, 2025 SCSK Corporation announced that they will report fiscal year 2025 results on Apr 30, 2025 Annonce • Jan 03
SCSK Corporation to Report Q3, 2025 Results on Jan 31, 2025 SCSK Corporation announced that they will report Q3, 2025 results on Jan 31, 2025 Annonce • Nov 07
SCSK Corporation (TSE:9719) proposed to acquire Net One Systems Co., Ltd. (TSE:7518) from a group of shareholders for approximately ¥360 billion. SCSK Corporation (TSE:9719) proposed to acquire Net One Systems Co., Ltd. (TSE:7518) from a group of shareholders for approximately ¥360 billion on November 5, 2024. SCSK will purchase 79.4 million shares of Net One at ¥4500 per share. In order to appropriate to the funds required for the Transaction, the Tender Offeror decided to borrow funds amounting to ¥273.5 billion from Sumitomo Mitsui Banking Corporation. The terms and conditions of the Transaction (including the method of implementation (the method of implementing the Squeeze-out Procedures after the completion of the Tender Offer if the Tender Offeror is unable to acquire all of the Net One Systems shares. The transaction is subject to minimum tender. The Board of Directors of Net One Systems Co., Ltd. formed a special committee for the transaction. The expected completion of the transaction is December 18, 2024.
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. acted as financial advisor for Net One Systems Co., Ltd. Daiwa Securities Co. Ltd. acted as financial advisor for SCSK Corporation. Nishimura & Asahi acted as legal advisor for SCSK Corporation. Nagashima Ohno & Tsunematsu acted as legal advisor for Net One Systems Co., Ltd. Reported Earnings • Nov 01
Second quarter 2025 earnings released: EPS: JP¥32.04 (vs JP¥30.28 in 2Q 2024) Second quarter 2025 results: EPS: JP¥32.04 (up from JP¥30.28 in 2Q 2024). Revenue: JP¥129.0b (up 9.5% from 2Q 2024). Net income: JP¥10.0b (up 5.9% from 2Q 2024). Profit margin: 7.8% (down from 8.0% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Annonce • Sep 27
SCSK Corporation to Report Q2, 2025 Results on Oct 29, 2024 SCSK Corporation announced that they will report Q2, 2025 results on Oct 29, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥34.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.0%). Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €15.50, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the IT industry in Germany. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at €21.26 per share. Buy Or Sell Opportunity • Aug 06
Now 27% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to €15.50. The fair value is estimated to be €21.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 7.9%. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings are also forecast to grow by 8.5% per annum over the same time period. Reported Earnings • Jul 31
First quarter 2025 earnings released: EPS: JP¥29.52 (vs JP¥28.84 in 1Q 2024) First quarter 2025 results: EPS: JP¥29.52 (up from JP¥28.84 in 1Q 2024). Revenue: JP¥122.5b (up 8.1% from 1Q 2024). Net income: JP¥9.22b (up 2.4% from 1Q 2024). Profit margin: 7.5% (down from 7.9% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Annonce • Jun 28
SCSK Corporation to Report Q1, 2025 Results on Jul 29, 2024 SCSK Corporation announced that they will report Q1, 2025 results on Jul 29, 2024 Reported Earnings • Jun 25
Full year 2024 earnings released: EPS: JP¥130 (vs JP¥119 in FY 2023) Full year 2024 results: EPS: JP¥130 (up from JP¥119 in FY 2023). Revenue: JP¥480.3b (up 7.7% from FY 2023). Net income: JP¥40.5b (up 8.5% from FY 2023). Profit margin: 8.4% (in line with FY 2023). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 4% per year. Reported Earnings • May 01
Full year 2024 earnings released: EPS: JP¥130 (vs JP¥119 in FY 2023) Full year 2024 results: EPS: JP¥130 (up from JP¥119 in FY 2023). Revenue: JP¥480.3b (up 7.7% from FY 2023). Net income: JP¥40.5b (up 8.5% from FY 2023). Profit margin: 8.4% (in line with FY 2023). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 3% per year. Annonce • Apr 29
SCSK Corporation, Annual General Meeting, Jun 20, 2024 SCSK Corporation, Annual General Meeting, Jun 20, 2024. Annonce • Mar 27
SCSK Corporation to Report Fiscal Year 2024 Results on Apr 26, 2024 SCSK Corporation announced that they will report fiscal year 2024 results on Apr 26, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (2.2%). Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥31.58 (vs JP¥29.67 in 3Q 2023) Third quarter 2024 results: EPS: JP¥31.58 (up from JP¥29.67 in 3Q 2023). Revenue: JP¥120.2b (up 9.3% from 3Q 2023). Net income: JP¥9.87b (up 6.5% from 3Q 2023). Profit margin: 8.2% (down from 8.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Annonce • Dec 27
SCSK Corporation to Report Q3, 2024 Results on Jan 31, 2024 SCSK Corporation announced that they will report Q3, 2024 results on Jan 31, 2024 Reported Earnings • Oct 30
Second quarter 2024 earnings released: EPS: JP¥30.28 (vs JP¥29.52 in 2Q 2023) Second quarter 2024 results: EPS: JP¥30.28 (up from JP¥29.52 in 2Q 2023). Revenue: JP¥117.8b (up 8.4% from 2Q 2023). Net income: JP¥9.46b (up 2.6% from 2Q 2023). Profit margin: 8.0% (down from 8.5% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 3% per year. Annonce • Sep 29
SCSK Corporation to Report Q2, 2024 Results on Oct 27, 2023 SCSK Corporation announced that they will report Q2, 2024 results on Oct 27, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥28.00 per share at 2.1% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (2.2%). Reported Earnings • Jul 30
First quarter 2024 earnings released: EPS: JP¥28.84 (vs JP¥22.44 in 1Q 2023) First quarter 2024 results: EPS: JP¥28.84 (up from JP¥22.44 in 1Q 2023). Revenue: JP¥113.4b (up 8.6% from 1Q 2023). Net income: JP¥9.01b (up 29% from 1Q 2023). Profit margin: 7.9% (up from 6.7% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 1% per year. Annonce • Jul 06
SCSK Corporation to Report Q1, 2024 Results on Jul 28, 2023 SCSK Corporation announced that they will report Q1, 2024 results on Jul 28, 2023 Reported Earnings • Jun 28
Full year 2023 earnings released: EPS: JP¥119 (vs JP¥107 in FY 2022) Full year 2023 results: EPS: JP¥119 (up from JP¥107 in FY 2022). Revenue: JP¥445.9b (up 7.7% from FY 2022). Net income: JP¥37.3b (up 11% from FY 2022). Profit margin: 8.4% (up from 8.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 1% per year. Reported Earnings • Apr 30
Full year 2023 earnings released: EPS: JP¥119 (vs JP¥107 in FY 2022) Full year 2023 results: EPS: JP¥119 (up from JP¥107 in FY 2022). Revenue: JP¥445.9b (up 7.7% from FY 2022). Net income: JP¥37.3b (up 11% from FY 2022). Profit margin: 8.4% (up from 8.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has remained flat. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥26.00 per share at 2.7% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 02 June 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.6%). Buying Opportunity • Feb 02
Now 26% undervalued after recent price drop Over the last 90 days, the stock is down 6.3%. The fair value is estimated to be €18.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 4.5% per annum. Earnings is also forecast to grow by 7.1% per annum over the same time period. Reported Earnings • Feb 01
Third quarter 2023 earnings released: EPS: JP¥29.67 (vs JP¥27.14 in 3Q 2022) Third quarter 2023 results: EPS: JP¥29.67 (up from JP¥27.14 in 3Q 2022). Revenue: JP¥109.9b (up 7.0% from 3Q 2022). Net income: JP¥9.27b (up 9.4% from 3Q 2022). Profit margin: 8.4% (up from 8.2% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Annonce • Dec 26
SCSK Corporation to Report Q3, 2023 Results on Jan 31, 2023 SCSK Corporation announced that they will report Q3, 2023 results on Jan 31, 2023 Board Change • Nov 16
High number of new directors There are 8 new directors who have joined the board in the last 3 years. Chairman & CEO Hideki Yamano was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥29.52 (vs JP¥25.88 in 2Q 2022) Second quarter 2023 results: EPS: JP¥29.52 (up from JP¥25.88 in 2Q 2022). Revenue: JP¥108.7b (up 7.8% from 2Q 2022). Net income: JP¥9.22b (up 14% from 2Q 2022). Profit margin: 8.5% (up from 8.0% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Board Change • Nov 16
High number of new directors There are 8 new directors who have joined the board in the last 3 years. Chairman & CEO Hideki Yamano was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 02
Second quarter 2023 earnings released: EPS: JP¥29.52 (vs JP¥25.88 in 2Q 2022) Second quarter 2023 results: EPS: JP¥29.52 (up from JP¥25.88 in 2Q 2022). Revenue: JP¥108.7b (up 7.8% from 2Q 2022). Net income: JP¥9.22b (up 14% from 2Q 2022). Profit margin: 8.5% (up from 8.0% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 10% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 2% per year. Annonce • Sep 23
SCSK Corporation to Report Q2, 2023 Results on Oct 31, 2022 SCSK Corporation announced that they will report Q2, 2023 results on Oct 31, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥26.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.8%). Board Change • Aug 01
High number of new directors There are 8 new directors who have joined the board in the last 3 years. Chairman & CEO Hideki Yamano was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 31
First quarter 2023 earnings released: EPS: JP¥22.44 (vs JP¥24.67 in 1Q 2022) First quarter 2023 results: EPS: JP¥22.44 (down from JP¥24.67 in 1Q 2022). Revenue: JP¥104.4b (up 5.2% from 1Q 2022). Net income: JP¥7.01b (down 9.0% from 1Q 2022). Profit margin: 6.7% (down from 7.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 7.0%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 6% per year. Annonce • Jul 27
SCSK Corporation announced that it has received $0.02625 million in funding On July 26, 2022, SCSK Corporation closed the transaction. The transaction included participation from single investor. Board Change • Jul 09
High number of new directors There are 8 new directors who have joined the board in the last 3 years. Chairman & CEO Hideki Yamano was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annonce • Jun 29
SCSK Corporation to Report Q1, 2023 Results on Jul 29, 2022 SCSK Corporation announced that they will report Q1, 2023 results on Jul 29, 2022 Annonce • May 02
SCSK Corporation, Annual General Meeting, Jun 23, 2022 SCSK Corporation, Annual General Meeting, Jun 23, 2022. Reported Earnings • Apr 30
Full year 2022 earnings released: EPS: JP¥107 (vs JP¥107 in FY 2021) Full year 2022 results: EPS: JP¥107 (up from JP¥107 in FY 2021). Revenue: JP¥414.2b (up 4.4% from FY 2021). Net income: JP¥33.5b (flat on FY 2021). Profit margin: 8.1% (down from 8.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 6.1%, compared to a 19% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 2% per year. Annonce • Apr 04
SCSK Corporation to Report Fiscal Year 2022 Results on Apr 28, 2022 SCSK Corporation announced that they will report fiscal year 2022 results on Apr 28, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥23.34 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 02 June 2022. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (1.0%). Reported Earnings • Feb 02
Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint Third quarter 2022 results: EPS: JP¥27.14 (down from JP¥28.54 in 3Q 2021). Revenue: JP¥102.7b (up 1.6% from 3Q 2021). Net income: JP¥8.47b (down 4.9% from 3Q 2021). Profit margin: 8.2% (down from 8.8% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.3%. Over the next year, revenue is forecast to grow 6.6%, compared to a 17% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 6% per year. Buying Opportunity • Jan 25
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 12%. The fair value is estimated to be JP¥18.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% per annum over the last 3 years. Earnings per share has grown by 6.7% per annum over the last 3 years. Reported Earnings • Oct 30
Second quarter 2022 earnings released The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2022 results: Revenue: JP¥100.8b (up 5.7% from 2Q 2021). Net income: JP¥8.08b (up 6.2% from 2Q 2021). Profit margin: 8.0% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 11% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥70.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (0.8%). Reported Earnings • Aug 02
First quarter 2022 earnings released: EPS JP¥74.01 (vs JP¥69.76 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥99.2b (up 5.1% from 1Q 2021). Net income: JP¥7.70b (up 6.1% from 1Q 2021). Profit margin: 7.8% (up from 7.7% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 7% per year. Board Change • Jul 31
High number of new directors Executive VP & Director Koji Tamefusa was the last director to join the board, commencing their role in 2021. Reported Earnings • Jun 27
Full year 2021 earnings released: EPS JP¥321 (vs JP¥300 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥396.9b (up 2.5% from FY 2020). Net income: JP¥33.4b (up 7.2% from FY 2020). Profit margin: 8.4% (up from 8.1% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 7% per year. Reported Earnings • May 01
Full year 2021 earnings released: EPS JP¥321 (vs JP¥300 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥396.9b (up 2.5% from FY 2020). Net income: JP¥33.4b (up 7.2% from FY 2020). Profit margin: 8.4% (up from 8.1% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 8% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 24
Upcoming dividend of JP¥70.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 02 June 2021. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (1.1%). Is New 90 Day High Low • Feb 18
New 90-day high: €51.50 The company is up 12% from its price of €46.00 on 19 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €41.44 per share. Reported Earnings • Feb 03
Third quarter 2021 earnings released: EPS JP¥85.64 (vs JP¥89.12 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥101.1b (up 8.3% from 3Q 2020). Net income: JP¥8.91b (down 3.7% from 3Q 2020). Profit margin: 8.8% (down from 9.9% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Feb 03
Revenue beats expectations Revenue exceeded analyst estimates by 7.1%. Over the next year, revenue is forecast to grow 1.6%, compared to a 12% growth forecast for the IT industry in Germany. Is New 90 Day High Low • Feb 02
New 90-day high: €50.50 The company is up 18% from its price of €42.80 on 04 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €45.42 per share. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥50.50, the stock is trading at a trailing P/E ratio of 21.4x, up from the previous P/E ratio of 18.4x. This compares to an average P/E of 31x in the IT industry in Germany. Total returns to shareholders over the past three years are 68%. Annonce • Dec 13
SCSK Corporation to Report Q3, 2021 Results on Jan 29, 2021 SCSK Corporation announced that they will report Q3, 2021 results on Jan 29, 2021 Is New 90 Day High Low • Nov 28
New 90-day high: €48.60 The company is up 10.0% from its price of €44.00 on 28 August 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €39.10 per share. Reported Earnings • Nov 14
Second quarter 2021 earnings released: EPS JP¥73.11 The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥95.4b (down 1.0% from 2Q 2020). Net income: JP¥7.61b (down 7.8% from 2Q 2020). Profit margin: 8.0% (down from 8.6% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 7% per year. Analyst Estimate Surprise Post Earnings • Nov 14
Revenue beats expectations Revenue exceeded analyst estimates by 1.7%. Over the next year, revenue is forecast to grow 1.7%, compared to a 10% growth forecast for the IT industry in Germany. Reported Earnings • Nov 01
First half earnings released Over the last 12 months the company has reported total profits of JP¥32.3b, up 4.5% from the prior year. Total revenue was JP¥389.4b over the last 12 months, up 2.9% from the prior year. Analyst Estimate Surprise Post Earnings • Nov 01
Semi-annual earnings released: Revenue beats expectations Semi-annual revenue exceeded analyst estimates by 1.7% at JP¥189.8b. Revenue is forecast to grow 1.7% over the next year, compared to a 8.6% growth forecast for the IT industry in Germany. Is New 90 Day High Low • Oct 27
New 90-day low: €42.00 The company is down 1.0% from its price of €42.60 on 29 July 2020. The German market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €31.65 per share. Annonce • Oct 10
SCSK Corporation to Report Q2, 2021 Results on Oct 29, 2020 SCSK Corporation announced that they will report Q2, 2021 results on Oct 29, 2020 Is New 90 Day High Low • Sep 24
New 90-day high: €46.80 The company is up 9.0% from its price of €42.80 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €32.08 per share. Annonce • Jun 29
SCSK Corporation to Report Q1, 2021 Results on Jul 31, 2020 SCSK Corporation announced that they will report Q1, 2021 results on Jul 31, 2020