Board Change • Jul 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. 2 highly experienced directors. President, CEO, GM of Development Headquarters, GM of Global Headquarters & Representative Director Yoshihito Nakayama is the most experienced director on the board, commencing their role in 2000. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Annonce • Jun 26
NTT Data Intramart Corporation to Report Q1, 2027 Results on Jul 29, 2026 NTT Data Intramart Corporation announced that they will report Q1, 2027 results on Jul 29, 2026 Reported Earnings • May 09
Full year 2026 earnings: EPS and revenues exceed analyst expectations Full year 2026 results: EPS: JP¥188 (up from JP¥70.14 in FY 2025). Revenue: JP¥14.7b (up 24% from FY 2025). Net income: JP¥914.0m (up 168% from FY 2025). Profit margin: 6.2% (up from 2.9% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) also surpassed analyst estimates by 8.9%. Revenue is forecast to stay flat 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 45% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 22 June 2026. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.3%). New Risk • Mar 04
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.6% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥15.1b market cap, or US$96.4m). New Risk • Feb 20
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.2b (US$97.9m) 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. This is currently the only risk that has been identified for the company. Reported Earnings • Jan 29
Third quarter 2026 earnings released: EPS: JP¥36.94 (vs JP¥10.89 in 3Q 2025) Third quarter 2026 results: EPS: JP¥36.94 (up from JP¥10.89 in 3Q 2025). Revenue: JP¥3.91b (up 31% from 3Q 2025). Net income: JP¥180.0m (up 240% from 3Q 2025). Profit margin: 4.6% (up from 1.8% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.8% 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 33% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Annonce • Dec 27
NTT Data Intramart Corporation to Report Q3, 2026 Results on Jan 28, 2026 NTT Data Intramart Corporation announced that they will report Q3, 2026 results on Jan 28, 2026 Reported Earnings • Oct 30
Second quarter 2026 earnings released: EPS: JP¥47.02 (vs JP¥26.11 in 2Q 2025) Second quarter 2026 results: EPS: JP¥47.02 (up from JP¥26.11 in 2Q 2025). Revenue: JP¥3.12b (up 9.9% from 2Q 2025). Net income: JP¥229.0m (up 80% from 2Q 2025). Profit margin: 7.3% (up from 4.5% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.5% 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 15% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Sep 25
NTT Data Intramart Corporation to Report Q2, 2026 Results on Oct 29, 2025 NTT Data Intramart Corporation announced that they will report Q2, 2026 results on Oct 29, 2025 Reported Earnings • Jul 31
First quarter 2026 earnings released: EPS: JP¥42.95 (vs JP¥6.39 loss in 1Q 2025) First quarter 2026 results: EPS: JP¥42.95 (up from JP¥6.39 loss in 1Q 2025). Revenue: JP¥3.31b (up 24% from 1Q 2025). Net income: JP¥209.0m (up JP¥240.0m from 1Q 2025). Profit margin: 6.3% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.8% 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 2% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings. New Risk • Jul 08
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 8.7% 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. Annonce • Jun 27
NTT Data Intramart Corporation to Report Q1, 2026 Results on Jul 30, 2025 NTT Data Intramart Corporation announced that they will report Q1, 2026 results on Jul 30, 2025 Reported Earnings • Jun 24
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: JP¥70.12 (down from JP¥72.15 in FY 2024). Revenue: JP¥11.8b (up 28% from FY 2024). Net income: JP¥341.0m (down 2.6% from FY 2024). Profit margin: 2.9% (down from 3.8% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) missed analyst estimates by 2.6%. Revenue is forecast to grow 6.6% 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 fallen by 17% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • May 28
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥3,800, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 25x in the Software industry in Japan. Total returns to shareholders of 175% over the past three years. Reported Earnings • May 12
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: JP¥70.12 (down from JP¥72.15 in FY 2024). Revenue: JP¥11.8b (up 28% from FY 2024). Net income: JP¥341.0m (down 2.6% from FY 2024). Profit margin: 2.9% (down from 3.8% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) missed analyst estimates by 2.6%. Revenue is forecast to grow 6.6% 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 fallen by 17% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings. Annonce • May 09
NTT Data Intramart Corporation, Annual General Meeting, Jun 19, 2025 NTT Data Intramart Corporation, Annual General Meeting, Jun 19, 2025. New Risk • May 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 7.3% 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 • May 08
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to JP¥3,140, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 22x in the Software industry in Japan. Total returns to shareholders of 145% over the past three years. Annonce • Mar 26
NTT Data Intramart Corporation to Report Fiscal Year 2025 Results on May 09, 2025 NTT Data Intramart Corporation announced that they will report fiscal year 2025 results on May 09, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 23 June 2025. Payout ratio is a comfortable 44% but the company is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.6%). Reported Earnings • Jan 30
Third quarter 2025 earnings released: EPS: JP¥10.89 (vs JP¥18.34 in 3Q 2024) Third quarter 2025 results: EPS: JP¥10.89 (down from JP¥18.34 in 3Q 2024). Revenue: JP¥2.98b (up 14% from 3Q 2024). Net income: JP¥53.0m (down 40% from 3Q 2024). Profit margin: 1.8% (down from 3.4% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Annonce • Jan 03
NTT Data Intramart Corporation to Report Q3, 2025 Results on Jan 29, 2025 NTT Data Intramart Corporation announced that they will report Q3, 2025 results on Jan 29, 2025 New Risk • Nov 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 5.9% 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: Major Risk Earnings have declined by 5.4% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (JP¥11.5b market cap, or US$74.4m). Reported Earnings • Nov 01
Second quarter 2025 earnings released: EPS: JP¥26.11 (vs JP¥8.66 in 2Q 2024) Second quarter 2025 results: EPS: JP¥26.11 (up from JP¥8.66 in 2Q 2024). Revenue: JP¥2.84b (up 46% from 2Q 2024). Net income: JP¥127.0m (up 202% from 2Q 2024). Profit margin: 4.5% (up from 2.2% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% 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. Annonce • Sep 25
NTT Data Intramart Corporation to Report Q2, 2025 Results on Oct 30, 2024 NTT Data Intramart Corporation announced that they will report Q2, 2025 results on Oct 30, 2024 New Risk • Sep 17
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 Market cap is less than US$100m (JP¥11.6b market cap, or US$82.4m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥1,801, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 20x in the Software industry in Japan. Total loss to shareholders of 28% over the past three years. Reported Earnings • Jul 28
First quarter 2025 earnings released: JP¥6.39 loss per share (vs JP¥4.34 loss in 1Q 2024) First quarter 2025 results: JP¥6.39 loss per share (further deteriorated from JP¥4.34 loss in 1Q 2024). Revenue: JP¥2.67b (up 51% from 1Q 2024). Net loss: JP¥31.0m (loss widened 48% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Annonce • Jun 29
NTT Data Intramart Corporation to Report Q1, 2025 Results on Jul 26, 2024 NTT Data Intramart Corporation announced that they will report Q1, 2025 results on Jul 26, 2024 Reported Earnings • Jun 25
Full year 2024 earnings released: EPS: JP¥72.15 (vs JP¥82.37 in FY 2023) Full year 2024 results: EPS: JP¥72.15 (down from JP¥82.37 in FY 2023). Revenue: JP¥9.26b (up 16% from FY 2023). Net income: JP¥350.0m (down 12% from FY 2023). Profit margin: 3.8% (down from 5.0% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 11% per year. New Risk • May 16
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 31% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 8.9% per year over the past 5 years. High level of non-cash earnings (31% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥8.49b market cap, or US$55.2m). Reported Earnings • May 13
Full year 2024 earnings released: EPS: JP¥72.14 (vs JP¥82.37 in FY 2023) Full year 2024 results: EPS: JP¥72.14 (down from JP¥82.37 in FY 2023). Revenue: JP¥9.26b (up 16% from FY 2023). Net income: JP¥350.0m (down 12% from FY 2023). Profit margin: 3.8% (down from 5.0% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 14% per year. Annonce • May 12
NTT Data Intramart Corporation, Annual General Meeting, Jun 20, 2024 NTT Data Intramart Corporation, Annual General Meeting, Jun 20, 2024. Annonce • Mar 28
NTT Data Intramart Corporation to Report Fiscal Year 2024 Results on May 10, 2024 NTT Data Intramart Corporation announced that they will report fiscal year 2024 results on May 10, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 19 June 2024. Payout ratio is on the higher end at 82% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.3%). Reported Earnings • Jan 27
Third quarter 2024 earnings released: EPS: JP¥18.33 (vs JP¥4.13 in 3Q 2023) Third quarter 2024 results: EPS: JP¥18.33 (up from JP¥4.13 in 3Q 2023). Revenue: JP¥2.62b (up 51% from 3Q 2023). Net income: JP¥89.0m (up 345% from 3Q 2023). Profit margin: 3.4% (up from 1.2% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings. Annonce • Dec 28
NTT Data Intramart Corporation to Report Q3, 2024 Results on Jan 26, 2024 NTT Data Intramart Corporation announced that they will report Q3, 2024 results on Jan 26, 2024 New Risk • Nov 07
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 58% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 122% Paying a dividend despite having no free cash flows. Earnings have declined by 6.8% per year over the past 5 years. High level of non-cash earnings (58% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (1.8% net profit margin). Market cap is less than US$100m (JP¥8.22b market cap, or US$54.7m). Reported Earnings • Oct 27
Second quarter 2024 earnings released: EPS: JP¥8.65 (vs JP¥33.44 in 2Q 2023) Second quarter 2024 results: EPS: JP¥8.65 (down from JP¥33.44 in 2Q 2023). Revenue: JP¥1.94b (up 2.9% from 2Q 2023). Net income: JP¥42.0m (down 74% from 2Q 2023). Profit margin: 2.2% (down from 8.6% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Annonce • Sep 27
NTT Data Intramart Corporation to Report Q2, 2024 Results on Oct 25, 2023 NTT Data Intramart Corporation announced that they will report Q2, 2024 results on Oct 25, 2023 New Risk • Aug 12
New major risk - Revenue and earnings growth Earnings have declined by 3.6% 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 3.6% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.4% net profit margin). Market cap is less than US$100m (JP¥8.48b market cap, or US$58.5m). Reported Earnings • Jul 27
First quarter 2024 earnings released: JP¥4.34 loss per share (vs JP¥24.57 profit in 1Q 2023) First quarter 2024 results: JP¥4.34 loss per share (down from JP¥24.57 profit in 1Q 2023). Revenue: JP¥1.76b (down 13% from 1Q 2023). Net loss: JP¥21.0m (down 118% from profit in 1Q 2023). Revenue is forecast to grow 8.5% 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 increased by 21% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Annonce • Jun 28
NTT Data Intramart Corporation to Report Q1, 2024 Results on Jul 26, 2023 NTT Data Intramart Corporation announced that they will report Q1, 2024 results on Jul 26, 2023 Reported Earnings • Jun 21
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: EPS: JP¥82.37 (down from JP¥114 in FY 2022). Revenue: JP¥7.97b (up 4.1% from FY 2022). Net income: JP¥399.0m (down 28% from FY 2022). Profit margin: 5.0% (down from 7.2% in FY 2022). Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 43%. Revenue is forecast to grow 5.6% 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 increased by 20% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 28
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: EPS: JP¥82.36 (down from JP¥114 in FY 2022). Revenue: JP¥7.97b (up 4.1% from FY 2022). Net income: JP¥399.0m (down 28% from FY 2022). Profit margin: 5.0% (down from 7.2% in FY 2022). Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 43%. Revenue is forecast to grow 5.6% 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 20% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥35.00 per share at 2.0% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 16 June 2023. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Reported Earnings • Jan 26
Third quarter 2023 earnings released: EPS: JP¥4.13 (vs JP¥29.32 in 3Q 2022) Third quarter 2023 results: EPS: JP¥4.13 (down from JP¥29.32 in 3Q 2022). Revenue: JP¥1.74b (down 13% from 3Q 2022). Net income: JP¥20.0m (down 86% from 3Q 2022). Profit margin: 1.2% (down from 7.1% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.7% 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 increased by 15% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Annonce • Dec 26
NTT Data Intramart Corporation to Report Q3, 2023 Results on Jan 25, 2023 NTT Data Intramart Corporation announced that they will report Q3, 2023 results on Jan 25, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent External Director Yasushi Nakamura was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Price Target Changed • Nov 16
Price target decreased to JP¥3,000 Down from JP¥3,600, the current price target is provided by 1 analyst. New target price is 75% above last closing price of JP¥1,719. Stock is down 36% over the past year. The company is forecast to post earnings per share of JP¥72.20 for next year compared to JP¥114 last year. Reported Earnings • Oct 27
Second quarter 2023 earnings released: EPS: JP¥33.43 (vs JP¥41.08 in 2Q 2022) Second quarter 2023 results: EPS: JP¥33.43 (down from JP¥41.08 in 2Q 2022). Revenue: JP¥1.88b (up 5.1% from 2Q 2022). Net income: JP¥162.0m (down 19% from 2Q 2022). Profit margin: 8.6% (down from 11% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.0% 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 8% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Annonce • Sep 28
NTT Data Intramart Corporation to Report Q2, 2023 Results on Oct 26, 2022 NTT Data Intramart Corporation announced that they will report Q2, 2023 results on Oct 26, 2022 Reported Earnings • Jul 30
First quarter 2023 earnings released: EPS: JP¥24.56 (vs JP¥22.50 in 1Q 2022) First quarter 2023 results: EPS: JP¥24.56 (up from JP¥22.50 in 1Q 2022). Revenue: JP¥2.02b (up 22% from 1Q 2022). Net income: JP¥119.0m (up 9.2% from 1Q 2022). Profit margin: 5.9% (down from 6.6% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 1.6% compared to a 14% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Buying Opportunity • Jun 30
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 29%. The fair value is estimated to be JP¥1,728, 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 7.4%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings is forecast to decline by 16% per annum over the same time period. Reported Earnings • Jun 19
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: JP¥114 (up from JP¥22.09 in FY 2021). Revenue: JP¥7.65b (up 29% from FY 2021). Net income: JP¥550.0m (up 414% from FY 2021). Profit margin: 7.2% (up from 1.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) also surpassed analyst estimates by 3.8%. Over the next year, revenue is forecast to grow 2.6%, compared to a 13% growth forecast for the 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 fallen by 22% per year, which means it is performing significantly worse than earnings. Buying Opportunity • Jun 14
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 27%. The fair value is estimated to be JP¥1,730, 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 7.4%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings is forecast to decline by 16% per annum over the same time period. Buying Opportunity • May 19
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 34%. The fair value is estimated to be JP¥1,733, 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 7.4%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings is forecast to decline by 16% per annum over the same time period. Price Target Changed • May 13
Price target decreased to JP¥2,000 Down from JP¥3,600, the current price target is provided by 1 analyst. New target price is 45% above last closing price of JP¥1,375. Stock is down 51% over the past year. The company is forecast to post earnings per share of JP¥61.90 for next year compared to JP¥114 last year. Annonce • May 02
NTT Data Intramart Corporation, Annual General Meeting, Jun 15, 2022 NTT Data Intramart Corporation, Annual General Meeting, Jun 15, 2022. Reported Earnings • Apr 30
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: JP¥114 (up from JP¥22.09 in FY 2021). Revenue: JP¥7.65b (up 29% from FY 2021). Net income: JP¥550.0m (up 414% from FY 2021). Profit margin: 7.2% (up from 1.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) also surpassed analyst estimates by 3.8%. Over the next year, revenue is forecast to grow 4.5%, compared to a 14% growth forecast for the 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 fallen by 21% per year, which means it is performing significantly worse than earnings. Board Change • Apr 27
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 2 experienced directors. 2 highly experienced directors. 2 independent directors (3 non-independent directors). President, CEO, Executive Officer, GM of Service, GM OF Sales & Representative Director Yoshihito Nakayama is the most experienced director on the board, commencing their role in 2000. Independent External Director Yasushi Nakamura was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Annonce • Apr 08
NTT Data Intramart Corporation to Report Fiscal Year 2022 Results on Apr 27, 2022 NTT Data Intramart Corporation announced that they will report fiscal year 2022 results on Apr 27, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 16 June 2022. Payout ratio is a comfortable 8.5% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.8%). Reported Earnings • Jan 28
Third quarter 2022 earnings: EPS and revenues exceed analyst expectations Third quarter 2022 results: EPS: JP¥29.30 (up from JP¥5.78 loss in 3Q 2021). Revenue: JP¥2.00b (up 49% from 3Q 2021). Net income: JP¥142.0m (up JP¥170.0m from 3Q 2021). Profit margin: 7.1% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 615%. Over the next year, revenue is forecast to grow 8.1%, compared to a 15% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 19% per year. Reported Earnings • Oct 29
Second quarter 2022 earnings released: EPS JP¥41.07 (vs JP¥6.19 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥1.79b (up 22% from 2Q 2021). Net income: JP¥199.0m (up JP¥169.0m from 2Q 2021). Profit margin: 11% (up from 2.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Price Target Changed • Aug 08
Price target decreased to JP¥3,400 Down from JP¥4,000, the current price target is provided by 1 analyst. New target price is 29% above last closing price of JP¥2,639. Stock is down 8.8% over the past year. Reported Earnings • Jul 31
First quarter 2022 earnings released: EPS JP¥22.50 (vs JP¥14.45 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥1.66b (up 39% from 1Q 2021). Net income: JP¥109.0m (up JP¥179.0m from 1Q 2021). Profit margin: 6.6% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Reported Earnings • Jun 20
Full year 2021 earnings released: EPS JP¥22.09 (vs JP¥107 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥5.91b (down 14% from FY 2020). Net income: JP¥107.0m (down 80% from FY 2020). Profit margin: 1.8% (down from 7.6% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Reported Earnings • May 02
Full year 2021 earnings released: EPS JP¥22.09 (vs JP¥107 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥5.91b (down 14% from FY 2020). Net income: JP¥107.0m (down 80% from FY 2020). Profit margin: 1.8% (down from 7.6% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥11.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 12 June 2021. Trailing yield: 0.4%. Lower than top quartile of Japanese dividend payers (2.7%). Lower than average of industry peers (1.3%). Price Target Changed • Mar 16
Price target decreased to JP¥4,000 Down from JP¥4,750, the current price target is an average from 2 analysts. New target price is 31% above last closing price of JP¥3,065. Stock is up 12% over the past year. Reported Earnings • Jan 30
Third quarter 2021 earnings released: JP¥5.78 loss per share (vs JP¥3.28 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: JP¥1.35b (down 15% from 3Q 2020). Net loss: JP¥28.0m (loss widened 75% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Jan 30
Earnings beat expectations, revenue disappoints Revenue missed analyst estimates by 30%. Earnings per share (EPS) exceeded analyst estimates by 5.0%. Over the next year, revenue is forecast to grow 30%, compared to a 12% growth forecast for the Software industry in Japan. Annonce • Dec 27
NTT Data Intramart Corporation to Report Q3, 2021 Results on Jan 28, 2021 NTT Data Intramart Corporation announced that they will report Q3, 2021 results on Jan 28, 2021 Is New 90 Day High Low • Dec 23
New 90-day low: JP¥2,963 The company is down 6.0% from its price of JP¥3,150 on 24 September 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥4,605 per share. Annonce • Oct 01
NTT Data Intramart Corporation to Report Q2, 2021 Results on Oct 29, 2020 NTT Data Intramart Corporation announced that they will report Q2, 2021 results on Oct 29, 2020 Annonce • Jun 29
NTT Data Intramart Corporation to Report Q1, 2021 Results on Jul 22, 2020 NTT Data Intramart Corporation announced that they will report Q1, 2021 results on Jul 22, 2020