Annonce • Jun 03
Ryoyu Systems Co., Ltd. to Report Q1, 2027 Results on Jul 31, 2026 Ryoyu Systems Co., Ltd. announced that they will report Q1, 2027 results on Jul 31, 2026 Reported Earnings • Apr 29
Full year 2026 earnings released: EPS: JP¥307 (vs JP¥266 in FY 2025) Full year 2026 results: EPS: JP¥307 (up from JP¥266 in FY 2025). Revenue: JP¥43.2b (up 1.1% from FY 2025). Net income: JP¥3.91b (up 16% from FY 2025). Profit margin: 9.0% (up from 7.9% in FY 2025). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Apr 29
Ryoyu Systems Co., Ltd., Annual General Meeting, Jun 24, 2026 Ryoyu Systems Co., Ltd., Annual General Meeting, Jun 24, 2026. Annonce • Apr 21
Ryoyu Systems Co., Ltd. to Report Fiscal Year 2026 Results on Apr 28, 2026 Ryoyu Systems Co., Ltd. announced that they will report fiscal year 2026 results on Apr 28, 2026 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: 26 June 2026. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.8%). Buy Or Sell Opportunity • Mar 20
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.9% to JP¥3,295. The fair value is estimated to be JP¥4,120, 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 29%. Buy Or Sell Opportunity • Mar 04
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.7% to JP¥3,270. The fair value is estimated to be JP¥4,146, 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 29%. Buy Or Sell Opportunity • Feb 15
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.2% to JP¥3,430. The fair value is estimated to be JP¥4,362, 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 29%. Reported Earnings • Jan 31
Third quarter 2026 earnings released: EPS: JP¥87.42 (vs JP¥76.72 in 3Q 2025) Third quarter 2026 results: EPS: JP¥87.42 (up from JP¥76.72 in 3Q 2025). Revenue: JP¥10.3b (up 2.5% from 3Q 2025). Net income: JP¥1.12b (up 14% from 3Q 2025). Profit margin: 11% (up from 9.8% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Nov 29
Ryoyu Systems Co., Ltd. to Report Q3, 2026 Results on Jan 30, 2026 Ryoyu Systems Co., Ltd. announced that they will report Q3, 2026 results on Jan 30, 2026 Reported Earnings • Nov 01
Second quarter 2026 earnings released: EPS: JP¥332,419 (vs JP¥62.54 in 2Q 2025) Second quarter 2026 results: EPS: JP¥332,419 (up from JP¥62.54 in 2Q 2025). Revenue: JP¥9.86b (up 9.2% from 2Q 2025). Net income: JP¥970.0m (up 22% from 2Q 2025). Profit margin: 9.8% (up from 8.8% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Oct 31
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 9.7% to JP¥4,110. The fair value is estimated to be JP¥3,405, however this is not to be taken as a sell 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 29%. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥85.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 08 December 2025. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%). Annonce • Sep 03
Ryoyu Systems Co., Ltd. to Report Q2, 2026 Results on Oct 31, 2025 Ryoyu Systems Co., Ltd. announced that they will report Q2, 2026 results on Oct 31, 2025 Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥8,190, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 326% over the past three years. Reported Earnings • Aug 02
First quarter 2026 earnings released: EPS: JP¥97.44 (vs JP¥69.75 in 1Q 2025) First quarter 2026 results: EPS: JP¥97.44 (up from JP¥69.75 in 1Q 2025). Revenue: JP¥10.2b (up 21% from 1Q 2025). Net income: JP¥621.0m (up 40% from 1Q 2025). Profit margin: 6.1% (up from 5.3% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Jul 10
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. 1 experienced director. No highly experienced directors. Independent Outside Director Hiroshi Kaya is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Jun 30
Full year 2025 earnings released: EPS: JP¥531 (vs JP¥380 in FY 2024) Full year 2025 results: EPS: JP¥531 (up from JP¥380 in FY 2024). Revenue: JP¥42.8b (up 15% from FY 2024). Net income: JP¥3.38b (up 40% from FY 2024). Profit margin: 7.9% (up from 6.5% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Jun 20
Ryoyu Systems Co., Ltd. to Report Q1, 2026 Results on Jul 31, 2025 Ryoyu Systems Co., Ltd. announced that they will report Q1, 2026 results on Jul 31, 2025 Reported Earnings • Apr 29
Full year 2025 earnings released: EPS: JP¥531 (vs JP¥380 in FY 2024) Full year 2025 results: EPS: JP¥531 (up from JP¥380 in FY 2024). Revenue: JP¥42.8b (up 15% from FY 2024). Net income: JP¥3.38b (up 40% from FY 2024). Profit margin: 7.9% (up from 6.5% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Apr 28
Ryoyu Systems Co., Ltd., Annual General Meeting, Jun 25, 2025 Ryoyu Systems Co., Ltd., Annual General Meeting, Jun 25, 2025. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥6,250, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 16x in the IT industry in Japan. Total returns to shareholders of 257% over the past three years. Buy Or Sell Opportunity • Mar 24
Now 32% overvalued after recent price rise Over the last 90 days, the stock has risen 57% to JP¥7,890. The fair value is estimated to be JP¥5,999, however this is not to be taken as a sell 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%. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥95.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 29% 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 (1.4%). Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥7,060, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 281% over the past three years. Buy Or Sell Opportunity • Feb 12
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 66% to JP¥7,230. The fair value is estimated to be JP¥5,943, however this is not to be taken as a sell 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%. Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥6,900, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 276% over the past three years. Reported Earnings • Feb 01
Third quarter 2025 earnings released: EPS: JP¥153 (vs JP¥118 in 3Q 2024) Third quarter 2025 results: EPS: JP¥153 (up from JP¥118 in 3Q 2024). Revenue: JP¥10.0b (up 14% from 3Q 2024). Net income: JP¥978.0m (up 30% from 3Q 2024). Profit margin: 9.8% (up from 8.5% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Jan 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.2% average weekly change). Annonce • Dec 03
Ryoyu Systems Co., Ltd. to Report Q3, 2025 Results on Jan 31, 2025 Ryoyu Systems Co., Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025 Reported Earnings • Nov 02
Second quarter 2025 earnings released: EPS: JP¥125 (vs JP¥78.58 in 2Q 2024) Second quarter 2025 results: EPS: JP¥125 (up from JP¥78.58 in 2Q 2024). Revenue: JP¥9.03b (up 17% from 2Q 2024). Net income: JP¥797.0m (up 59% from 2Q 2024). Profit margin: 8.8% (up from 6.5% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 20% per year. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥60.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%). Annonce • Sep 14
Ryoyu Systems Co., Ltd. to Report Q2, 2025 Results on Oct 31, 2024 Ryoyu Systems Co., Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥3,630, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 16x in the IT industry in Japan. Total returns to shareholders of 76% over the past three years. Reported Earnings • Aug 03
First quarter 2025 earnings released: EPS: JP¥69.75 (vs JP¥47.04 in 1Q 2024) First quarter 2025 results: EPS: JP¥69.75 (up from JP¥47.04 in 1Q 2024). Revenue: JP¥8.43b (flat on 1Q 2024). Net income: JP¥444.0m (up 49% from 1Q 2024). Profit margin: 5.3% (up from 3.6% in 1Q 2024). 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 21% per year. Board Change • Jul 05
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Outside Director Hiroshi Kaya was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥4,295, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 19x in the IT industry in Japan. Total returns to shareholders of 124% over the past three years. Annonce • Jun 28
Ryoyu Systems Co., Ltd. to Report Q1, 2025 Results on Jul 31, 2024 Ryoyu Systems Co., Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024 Reported Earnings • May 01
Full year 2024 earnings released: EPS: JP¥380 (vs JP¥289 in FY 2023) Full year 2024 results: EPS: JP¥380 (up from JP¥289 in FY 2023). Revenue: JP¥37.1b (up 12% from FY 2023). Net income: JP¥2.42b (up 32% from FY 2023). Profit margin: 6.5% (up from 5.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Apr 29
Ryoyu Systems Co., Ltd., Annual General Meeting, Jun 26, 2024 Ryoyu Systems Co., Ltd., Annual General Meeting, Jun 26, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥70.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 37% and the cash payout ratio is 82%. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%). Annonce • Mar 02
Ryoyu Systems Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2024 Ryoyu Systems Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2024 Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥118 (vs JP¥73.79 in 3Q 2023) Third quarter 2024 results: EPS: JP¥118 (up from JP¥73.79 in 3Q 2023). Revenue: JP¥8.80b (up 17% from 3Q 2023). Net income: JP¥751.0m (up 60% from 3Q 2023). Profit margin: 8.5% (up from 6.2% in 3Q 2023). The increase in margin was driven by higher revenue. 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 21% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Feb 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.6% 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 High level of non-cash earnings (26% accrual ratio). Minor Risks Dividend is not well covered by cash flows (99% cash payout ratio). Share price has been volatile over the past 3 months (6.6% average weekly change). Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥3,895, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 19x in the IT industry in Japan. Total returns to shareholders of 104% over the past three years. Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥3,330, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 87% over the past three years. Annonce • Nov 29
Ryoyu Systems Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024 Ryoyu Systems Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024 Reported Earnings • Oct 28
Second quarter 2024 earnings released: EPS: JP¥78.58 (vs JP¥48.01 in 2Q 2023) Second quarter 2024 results: EPS: JP¥78.58 (up from JP¥48.01 in 2Q 2023). Revenue: JP¥7.73b (up 8.3% from 2Q 2023). Net income: JP¥500.0m (up 64% from 2Q 2023). Profit margin: 6.5% (up from 4.3% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 15% per year. Annonce • Aug 31
Ryoyu Systems Co., Ltd. to Report Q2, 2024 Results on Oct 26, 2023 Ryoyu Systems Co., Ltd. announced that they will report Q2, 2024 results on Oct 26, 2023 Reported Earnings • Jul 28
First quarter 2024 earnings released: EPS: JP¥47.04 (vs JP¥42.57 in 1Q 2023) First quarter 2024 results: EPS: JP¥47.04 (up from JP¥42.57 in 1Q 2023). Revenue: JP¥8.36b (up 8.7% from 1Q 2023). Net income: JP¥299.0m (up 11% from 1Q 2023). Profit margin: 3.6% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Jun 01
Ryoyu Systems Co., Ltd. to Report Q1, 2024 Results on Jul 27, 2023 Ryoyu Systems Co., Ltd. announced that they will report Q1, 2024 results on Jul 27, 2023 Reported Earnings • May 10
Full year 2023 earnings released: EPS: JP¥289 (vs JP¥249 in FY 2022) Full year 2023 results: EPS: JP¥289 (up from JP¥249 in FY 2022). Revenue: JP¥33.1b (up 9.5% from FY 2022). Net income: JP¥1.83b (up 16% from FY 2022). Profit margin: 5.5% (up from 5.2% in FY 2022). 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 but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥75.00 per share at 3.5% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 01
Third quarter 2023 earnings released: EPS: JP¥73.79 (vs JP¥68.43 in 3Q 2022) Third quarter 2023 results: EPS: JP¥73.79 (up from JP¥68.43 in 3Q 2022). Revenue: JP¥7.51b (up 4.8% from 3Q 2022). Net income: JP¥469.0m (up 8.1% from 3Q 2022). Profit margin: 6.2% (up from 6.1% 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 2% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Annonce • Dec 14
Ryoyu Systems Co., Ltd. to Report Q3, 2023 Results on Jan 31, 2023 Ryoyu Systems Co., Ltd. announced that they will report Q3, 2023 results on Jan 31, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥48.01 (vs JP¥51.87 in 2Q 2022) Second quarter 2023 results: EPS: JP¥48.01 (down from JP¥51.87 in 2Q 2022). Revenue: JP¥7.14b (up 4.6% from 2Q 2022). Net income: JP¥305.0m (down 7.3% from 2Q 2022). Profit margin: 4.3% (down from 4.8% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 2 highly experienced directors. Independent Outside Director Toshiaki Aizawa was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Second quarter 2023 earnings released: EPS: JP¥48.01 (vs JP¥51.87 in 2Q 2022) Second quarter 2023 results: EPS: JP¥48.01 (down from JP¥51.87 in 2Q 2022). Revenue: JP¥7.14b (up 4.6% from 2Q 2022). Net income: JP¥305.0m (down 7.3% from 2Q 2022). Profit margin: 4.3% (down from 4.8% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Aug 12
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥2,421, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 48% over the past three years. Reported Earnings • Jul 30
First quarter 2023 earnings released: EPS: JP¥42.57 (vs JP¥41.94 in 1Q 2022) First quarter 2023 results: EPS: JP¥42.57 (up from JP¥41.94 in 1Q 2022). Revenue: JP¥7.68b (up 8.0% from 1Q 2022). Net income: JP¥270.0m (up 1.5% from 1Q 2022). Profit margin: 3.5% (down from 3.7% 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 3% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Annonce • May 29
Ryoyu Systems Co., Ltd. to Report Q1, 2023 Results on Jul 28, 2022 Ryoyu Systems Co., Ltd. announced that they will report Q1, 2023 results on Jul 28, 2022 Annonce • May 12
Ryoyu Systems Co., Ltd., Annual General Meeting, Jun 24, 2022 Ryoyu Systems Co., Ltd., Annual General Meeting, Jun 24, 2022. Reported Earnings • May 11
Full year 2022 earnings released: EPS: JP¥249 (vs JP¥224 in FY 2021) Full year 2022 results: EPS: JP¥249 (up from JP¥224 in FY 2021). Revenue: JP¥30.3b (down 4.1% from FY 2021). Net income: JP¥1.58b (up 11% from FY 2021). Profit margin: 5.2% (up from 4.5% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 2 highly experienced directors. Independent Outside Director Toshiaki Aizawa was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Apr 08
Ryoyu Systems Co., Ltd. to Report Fiscal Year 2022 Results on May 10, 2022 Ryoyu Systems Co., Ltd. announced that they will report fiscal year 2022 results on May 10, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥60.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 25 June 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%). Reported Earnings • Jan 30
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥68.43 (up from JP¥57.86 in 3Q 2021). Revenue: JP¥7.17b (down 6.0% from 3Q 2021). Net income: JP¥434.0m (up 18% from 3Q 2021). Profit margin: 6.1% (up from 4.8% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Reported Earnings • Oct 31
Second quarter 2022 earnings released: EPS JP¥51.87 (vs JP¥41.94 in 2Q 2021) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥6.83b (down 1.8% from 2Q 2021). Net income: JP¥329.0m (up 24% from 2Q 2021). Profit margin: 4.8% (up from 3.8% in 2Q 2021). The increase in margin was driven by lower expenses. 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 18% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment improved over the past week After last week's 19% share price gain to JP¥2,689, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 22x in the IT industry in Japan. Total returns to shareholders of 102% over the past three years. Reported Earnings • Jun 30
Full year 2021 earnings released: EPS JP¥224 (vs JP¥265 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥31.6b (down 4.7% from FY 2020). Net income: JP¥1.42b (down 16% from FY 2020). Profit margin: 4.5% (down from 5.1% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 14
Full year 2021 earnings released: EPS JP¥224 (vs JP¥265 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥31.6b (down 4.7% from FY 2020). Net income: JP¥1.42b (down 16% from FY 2020). Profit margin: 4.5% (down from 5.1% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥55.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 25 June 2021. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.3%). Annonce • Mar 07
Ryoyu Systems Co., Ltd. to Report Fiscal Year 2021 Results on May 11, 2021 Ryoyu Systems Co., Ltd. announced that they will report fiscal year 2021 results on May 11, 2021 Is New 90 Day High Low • Mar 05
New 90-day low: JP¥1,941 The company is down 1.0% from its price of JP¥1,958 on 04 December 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is flat over the same period. Reported Earnings • Feb 02
Third quarter 2021 earnings released The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥7.62b (down 6.3% from 3Q 2020). Net income: JP¥367.0m (down 33% from 3Q 2020). Profit margin: 4.8% (down from 6.7% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 22% per year. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥2,009, the stock is trading at a trailing P/E ratio of 8.7x, down from the previous P/E ratio of 10.4x. This compares to an average P/E of 29x in the IT industry in Japan. Total returns to shareholders over the past three years are 97%. Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment improved over the past week After last week's 31% share price gain to JP¥13,000, the stock is trading at a trailing P/E ratio of 11.2x, up from the previous P/E ratio of 8.6x. This compares to an average P/E of 29x in the IT industry in Japan. Total returns to shareholders over the past three years are 162%. Is New 90 Day High Low • Dec 14
New 90-day high: JP¥9,970 The company is up 11% from its price of JP¥8,950 on 14 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 6.0% over the same period. Is New 90 Day High Low • Nov 27
New 90-day high: JP¥9,800 The company is up 5.0% from its price of JP¥9,300 on 25 August 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 8.0% over the same period. Reported Earnings • Nov 17
Second quarter 2021 earnings released: EPS JP¥210 The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥6.95b (down 10% from 2Q 2020). Net income: JP¥266.0m (down 33% from 2Q 2020). Profit margin: 3.8% (down from 5.2% 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 16% per year whereas the company’s share price has increased by 19% per year. Reported Earnings • Nov 01
First half earnings released Over the last 12 months the company has reported total profits of JP¥1.47b, down 13% from the prior year. Total revenue was JP¥32.0b over the last 12 months, down 7.8% from the prior year. Annonce • Aug 30
Ryoyu Systems Co., Ltd. to Report Q2, 2021 Results on Oct 30, 2020 Ryoyu Systems Co., Ltd. announced that they will report Q2, 2021 results on Oct 30, 2020