Annonce • May 10
Zuken Inc. to Report Fiscal Year 2026 Results on May 14, 2026 Zuken Inc. announced that they will report fiscal year 2026 results on May 14, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥150 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.8%). Reported Earnings • Feb 10
Third quarter 2026 earnings released: EPS: JP¥65.44 (vs JP¥45.29 in 3Q 2025) Third quarter 2026 results: EPS: JP¥65.44 (up from JP¥45.29 in 3Q 2025). Revenue: JP¥10.8b (up 12% from 3Q 2025). Net income: JP¥1.39b (up 39% from 3Q 2025). Profit margin: 13% (up from 10% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Annonce • Dec 03
Zuken Inc. to Report Q3, 2026 Results on Feb 09, 2026 Zuken Inc. announced that they will report Q3, 2026 results on Feb 09, 2026 Declared Dividend • Dec 03
First half dividend of JP¥150 announced Shareholders will receive a dividend of JP¥150. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 4.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (19% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 27% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Nov 13
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 39% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 12
Second quarter 2026 earnings released: EPS: JP¥65.06 (vs JP¥41.53 in 2Q 2025) Second quarter 2026 results: EPS: JP¥65.06 (up from JP¥41.53 in 2Q 2025). Revenue: JP¥10.3b (up 2.7% from 2Q 2025). Net income: JP¥1.39b (up 51% from 2Q 2025). Profit margin: 14% (up from 9.2% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Annonce • Sep 03
Zuken Inc. to Report Q2, 2026 Results on Nov 10, 2025 Zuken Inc. announced that they will report Q2, 2026 results on Nov 10, 2025 Reported Earnings • Aug 07
First quarter 2026 earnings released: EPS: JP¥32.43 (vs JP¥31.60 in 1Q 2025) First quarter 2026 results: EPS: JP¥32.43. Revenue: JP¥9.12b (up 1.1% from 1Q 2025). Net income: JP¥701.0m (flat on 1Q 2025). Profit margin: 7.7% (down from 7.8% in 1Q 2025). Declared Dividend • Jul 09
Final dividend of JP¥50.00 announced Dividend of JP¥50.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 8th December 2025 Dividend yield will be 1.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (43% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 25
Full year 2025 earnings released: EPS: JP¥237 (vs JP¥171 in FY 2024) Full year 2025 results: EPS: JP¥237 (up from JP¥171 in FY 2024). Revenue: JP¥40.7b (up 5.9% from FY 2024). Net income: JP¥5.23b (up 35% from FY 2024). Profit margin: 13% (up from 10% in FY 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 19% per year. Annonce • Jun 13
Zuken Inc. to Report Q1, 2026 Results on Aug 06, 2025 Zuken Inc. announced that they will report Q1, 2026 results on Aug 06, 2025 Annonce • May 13
Zuken Inc. (TSE:6947) announces an Equity Buyback for 750,000 shares, representing 3.46% for ¥3,000 million. Zuken Inc. (TSE:6947) announces a share repurchase program. Under the program, the company will repurchase up to 750,000 shares, representing 3.46% of its issued share capital, for ¥3,000 million. The purpose of the buyback is to improve capital efficiency and further return profits to shareholders. The program will expire on March 31, 2026. As of March 31, 2025, the company had 21,666,509 shares in issue (excluding treasury stock) and 583,295 shares in treasury. Reported Earnings • May 13
Full year 2025 earnings released: EPS: JP¥237 (vs JP¥171 in FY 2024) Full year 2025 results: EPS: JP¥237 (up from JP¥171 in FY 2024). Revenue: JP¥40.7b (up 5.9% from FY 2024). Net income: JP¥5.23b (up 35% from FY 2024). Profit margin: 13% (up from 10% in FY 2024). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Apr 08
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 4.2% to JP¥4,340. The fair value is estimated to be JP¥3,537, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.0% over the last 3 years. Earnings per share has grown by 11%. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 43% 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%). Annonce • Mar 08
Zuken Inc. to Report Fiscal Year 2025 Results on May 12, 2025 Zuken Inc. announced that they will report fiscal year 2025 results on May 12, 2025 Declared Dividend • Feb 10
Dividend of JP¥50.00 announced Shareholders will receive a dividend of JP¥50.00. Ex-date: 28th March 2025 Payment date: 30th June 2025 Dividend yield will be 2.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 07
Third quarter 2025 earnings released: EPS: JP¥45.27 (vs JP¥32.45 in 3Q 2024) Third quarter 2025 results: EPS: JP¥45.27 (up from JP¥32.45 in 3Q 2024). Revenue: JP¥9.60b (up 3.2% from 3Q 2024). Net income: JP¥998.0m (up 38% from 3Q 2024). Profit margin: 10% (up from 7.8% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Dec 11
Zuken Inc. to Report Q3, 2025 Results on Feb 06, 2025 Zuken Inc. announced that they will report Q3, 2025 results on Feb 06, 2025 Reported Earnings • Nov 13
Second quarter 2025 earnings released: EPS: JP¥41.53 (vs JP¥42.09 in 2Q 2024) Second quarter 2025 results: EPS: JP¥41.53 (down from JP¥42.09 in 2Q 2024). Revenue: JP¥10.1b (up 6.6% from 2Q 2024). Net income: JP¥924.0m (down 2.8% from 2Q 2024). Profit margin: 9.2% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Annonce • Nov 11
Zuken Inc. (TSE:6947) announces an Equity Buyback for 750,000 shares, representing 3.37% for ¥2,500 million. Zuken Inc. (TSE:6947) announces a share repurchase program. Under the program, the company will repurchase up to 750,000 shares, representing 3.37% of its issued share capital, for ¥2,500 million. The purpose of the program is to improve capital efficiency and further return profits to shareholders. The program is valid till March 31, 2025. As of September 30, 2024, there are 22,249,634 outstanding shares (excluding treasury stock) and 170 treasury shares. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%). Annonce • Sep 03
Zuken Inc. to Report Q2, 2025 Results on Nov 11, 2024 Zuken Inc. announced that they will report Q2, 2025 results on Nov 11, 2024 Reported Earnings • Aug 09
First quarter 2025 earnings released: EPS: JP¥31.60 (vs JP¥29.61 in 1Q 2024) First quarter 2025 results: EPS: JP¥31.60 (up from JP¥29.61 in 1Q 2024). Revenue: JP¥9.02b (up 6.8% from 1Q 2024). Net income: JP¥703.0m (up 2.3% from 1Q 2024). Profit margin: 7.8% (down from 8.1% in 1Q 2024). The decrease in margin was driven by higher expenses. 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 1% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥3,115, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 17x in the IT industry in Japan. Total loss to shareholders of 3.4% over the past three years. Annonce • Jun 19
Zuken Inc. to Report Q1, 2025 Results on Aug 06, 2024 Zuken Inc. announced that they will report Q1, 2025 results on Aug 06, 2024 Reported Earnings • May 16
Full year 2024 earnings released: EPS: JP¥171 (vs JP¥137 in FY 2023) Full year 2024 results: EPS: JP¥171 (up from JP¥137 in FY 2023). Revenue: JP¥38.5b (up 9.7% from FY 2023). Net income: JP¥3.87b (up 21% from FY 2023). Profit margin: 10% (up from 9.1% 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 13% per year whereas the company’s share price has increased by 8% per year. Annonce • May 15
Zuken Inc., Annual General Meeting, Jun 27, 2024 Zuken Inc., Annual General Meeting, Jun 27, 2024. Annonce • May 14
Zuken Inc. (TSE:6947) made an offer to acquire remaining 59.59% stake in Zuken Elmic, Inc. (TSE:4770) for ¥430 per share. Zuken Inc. (TSE:6947) made an offer to acquire remaining 59.59% stake in Zuken Elmic, Inc. (TSE:4770) for ¥430 per share on May 13, 2024. The tender offer commencement period is May 14, 2024 to June 24, 2024. The minimum number of shares to be purchased is 1,650,110 shares out of planned 3,745,024 shares. Daiwa Institute of Research Ltd. acted as financial advisor and Yamashita Law Office acted as legal advisor to Zuken. G-FAS Corporation acted as financial advisor and City-Yuwa Partners acted as legal advisor to Zuken Elmic. Buy Or Sell Opportunity • Apr 30
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 1.8% to JP¥4,130. The fair value is estimated to be JP¥3,376, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 14%. Buy Or Sell Opportunity • Apr 22
Now 20% overvalued Over the last 90 days, the stock has fallen 1.6% to JP¥4,085. The fair value is estimated to be JP¥3,401, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 14%. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (1.4%). Annonce • Mar 09
Zuken Inc. to Report Fiscal Year 2024 Results on May 13, 2024 Zuken Inc. announced that they will report fiscal year 2024 results on May 13, 2024 Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: JP¥32.45 (vs JP¥31.79 in 3Q 2023) Third quarter 2024 results: EPS: JP¥32.45. Revenue: JP¥9.30b (up 7.4% from 3Q 2023). Net income: JP¥722.0m (down 2.3% from 3Q 2023). Profit margin: 7.8% (down from 8.5% in 3Q 2023). The decrease in margin was driven by higher expenses. Annonce • Dec 07
Zuken Inc. to Report Q3, 2024 Results on Feb 08, 2024 Zuken Inc. announced that they will report Q3, 2024 results on Feb 08, 2024 Reported Earnings • Nov 07
Second quarter 2024 earnings released: EPS: JP¥42.09 (vs JP¥31.62 in 2Q 2023) Second quarter 2024 results: EPS: JP¥42.09 (up from JP¥31.62 in 2Q 2023). Revenue: JP¥9.44b (up 12% from 2Q 2023). Net income: JP¥951.0m (up 29% from 2Q 2023). Profit margin: 10% (up from 8.8% 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 17% per year whereas the company’s share price has increased by 15% per year. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥25.00 per share at 1.3% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (1.5%). Annonce • Sep 15
Zuken Inc. to Report Q2, 2024 Results on Nov 06, 2023 Zuken Inc. announced that they will report Q2, 2024 results on Nov 06, 2023 Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: JP¥29.61 (vs JP¥29.21 in 1Q 2023) First quarter 2024 results: EPS: JP¥29.61 (up from JP¥29.21 in 1Q 2023). Revenue: JP¥8.44b (up 9.6% from 1Q 2023). Net income: JP¥687.0m (up 1.2% from 1Q 2023). Profit margin: 8.1% (down from 8.8% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 11% per year. Annonce • Jun 23
Zuken Inc. to Report Q1, 2024 Results on Aug 08, 2023 Zuken Inc. announced that they will report Q1, 2024 results on Aug 08, 2023 New Risk • Jun 21
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 5.3% 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. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (5.3% average weekly change). Annonce • Jun 20
Zuken Inc. (TSE:6947) announces an Equity Buyback for 1,100,000 shares, representing 4.73% for ¥4,000 million. Zuken Inc. (TSE:6947) announces a share repurchase program. Under the program, the company will repurchase up to 1,100,000 shares, representing 4.73% of its issued share capital (excluding treasury stock), for ¥4,000 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency. The program will run until March 29, 2024. As of March 31, 2023, the company had 23,248,558 shares in issue (excluding treasury stock) and 18,611 shares in treasury. Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥4,225, the stock trades at a trailing P/E ratio of 30.7x. Average trailing P/E is 20x in the IT industry in Japan. Total returns to shareholders of 59% over the past three years. Reported Earnings • May 19
Full year 2023 earnings released: EPS: JP¥137 (vs JP¥129 in FY 2022) Full year 2023 results: EPS: JP¥137 (up from JP¥129 in FY 2022). Revenue: JP¥35.1b (up 11% from FY 2022). Net income: JP¥3.20b (up 6.5% from FY 2022). Profit margin: 9.1% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 12% per year. Annonce • May 17
Zuken Inc., Annual General Meeting, Jun 29, 2023 Zuken Inc., Annual General Meeting, Jun 29, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share at 1.2% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.7%). Reported Earnings • Feb 10
Third quarter 2023 earnings released: EPS: JP¥31.79 (vs JP¥44.60 in 3Q 2022) Third quarter 2023 results: EPS: JP¥31.79 (down from JP¥44.60 in 3Q 2022). Revenue: JP¥8.66b (up 17% from 3Q 2022). Net income: JP¥739.0m (down 29% from 3Q 2022). Profit margin: 8.5% (down from 14% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 11% per year. Annonce • Dec 15
Zuken Inc. to Report Q3, 2023 Results on Feb 08, 2023 Zuken Inc. announced that they will report Q3, 2023 results on Feb 08, 2023 Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Outside Director Takashi Sano was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 09
Second quarter 2023 earnings released: EPS: JP¥31.62 (vs JP¥39.92 in 2Q 2022) Second quarter 2023 results: EPS: JP¥31.62 (down from JP¥39.92 in 2Q 2022). Revenue: JP¥8.40b (up 5.4% from 2Q 2022). Net income: JP¥735.0m (down 21% from 2Q 2022). Profit margin: 8.8% (down from 12% in 2Q 2022). Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 9% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 23% but the company is paying out more than the cash it is generating. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.7%). Annonce • Sep 10
Zuken Inc. to Report Q2, 2023 Results on Nov 07, 2022 Zuken Inc. announced that they will report Q2, 2023 results on Nov 07, 2022 Price Target Changed • Sep 03
Price target increased to JP¥4,550 Up from JP¥4,227, the current price target is an average from 3 analysts. New target price is 32% above last closing price of JP¥3,445. Stock is down 13% over the past year. The company is forecast to post earnings per share of JP¥148 for next year compared to JP¥129 last year. Reported Earnings • Aug 09
First quarter 2023 earnings released: EPS: JP¥29.21 (vs JP¥18.45 in 1Q 2022) First quarter 2023 results: EPS: JP¥29.21 (up from JP¥18.45 in 1Q 2022). Revenue: JP¥7.70b (up 9.8% from 1Q 2022). Net income: JP¥679.0m (up 58% from 1Q 2022). Profit margin: 8.8% (up from 6.1% in 1Q 2022). Over the next year, revenue is forecast to grow 7.0%, compared to a 11% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Jul 16
Price target decreased to JP¥4,140 Down from JP¥4,495, the current price target is an average from 2 analysts. New target price is 27% above last closing price of JP¥3,270. Stock is down 6.7% over the past year. The company is forecast to post earnings per share of JP¥137 for next year compared to JP¥129 last year. Annonce • Jun 24
Zuken Inc. to Report Q1, 2023 Results on Aug 08, 2022 Zuken Inc. announced that they will report Q1, 2023 results on Aug 08, 2022 Major Estimate Revision • May 16
Consensus forecasts updated The consensus outlook for 2023 has been updated. 2023 EPS estimate fell from JP¥153 to JP¥133 per share. Revenue forecast steady at JP¥34.8b. Net income forecast to grow 13% next year vs 11% growth forecast for IT industry in Japan. Consensus price target down from JP¥4,745 to JP¥4,495. Share price fell 5.5% to JP¥2,788 over the past week. Annonce • May 12
Zuken Inc., Annual General Meeting, Jun 29, 2022 Zuken Inc., Annual General Meeting, Jun 29, 2022. Reported Earnings • May 11
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: JP¥129 (up from JP¥91.92 in FY 2021). Revenue: JP¥31.5b (up 9.3% from FY 2021). Net income: JP¥3.00b (up 41% from FY 2021). Profit margin: 9.5% (up from 7.4% in FY 2021). Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 14%. Over the next year, revenue is forecast to grow 10%, compared to a 7.9% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 10
Investor sentiment deteriorated over the past week After last week's 17% share price decline to JP¥2,542, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 19x in the IT industry in Japan. Total returns to shareholders of 75% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,164 per share. Price Target Changed • Apr 27
Price target decreased to JP¥4,745 Down from JP¥5,125, the current price target is an average from 2 analysts. New target price is 60% above last closing price of JP¥2,958. Stock is down 0.4% over the past year. The company is forecast to post earnings per share of JP¥150 for next year compared to JP¥91.92 last year. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 2 independent directors (8 non-independent directors). Independent Outside Director Takashi Sano was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annonce • Apr 08
Zuken Inc. to Report Fiscal Year 2022 Results on May 09, 2022 Zuken Inc. announced that they will report fiscal year 2022 results on May 09, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥21.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.5%). Price Target Changed • Feb 25
Price target decreased to JP¥4,745 Down from JP¥5,125, the current price target is an average from 2 analysts. New target price is 48% above last closing price of JP¥3,215. Stock is up 21% over the past year. The company is forecast to post earnings per share of JP¥150 for next year compared to JP¥91.92 last year. Reported Earnings • Feb 08
Third quarter 2022 earnings: EPS exceeds analyst expectations Third quarter 2022 results: EPS: JP¥44.60 (up from JP¥16.22 in 3Q 2021). Revenue: JP¥7.41b (up 10% from 3Q 2021). Net income: JP¥1.04b (up 175% from 3Q 2021). Profit margin: 14% (up from 5.6% in 3Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.6%. Over the next year, revenue is forecast to grow 9.0%, compared to a 7.4% growth forecast for the industry in Japan. 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 23% per year, which means it is tracking significantly ahead of earnings growth. Buying Opportunity • Feb 03
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 33%. The fair value is estimated to be JP¥3,803, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.9% per annum over the last 3 years. Earnings per share has been flat over the last 3 years. Buying Opportunity • Jan 19
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 28%. The fair value is estimated to be JP¥3,799, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.9% per annum over the last 3 years. Earnings per share has been flat over the last 3 years. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥39.92 (vs JP¥26.28 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥7.97b (up 12% from 2Q 2021). Net income: JP¥928.0m (up 52% from 2Q 2021). Profit margin: 12% (up from 8.6% in 2Q 2021). 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 33% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Oct 13
Price target increased to JP¥4,165 Up from JP¥3,715, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of JP¥4,070. Stock is up 46% over the past year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥16.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 02 December 2021. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.0%). Lower than average of industry peers (1.2%). Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥4,130, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 26x in the IT industry in Japan. Total returns to shareholders of 155% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,918 per share. Reported Earnings • Aug 11
First quarter 2022 earnings released: EPS JP¥18.45 (vs JP¥3.91 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥7.01b (up 18% from 1Q 2021). Net income: JP¥429.0m (up 371% from 1Q 2021). Profit margin: 6.1% (up from 1.5% 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 2% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 12
Full year 2021 earnings released: EPS JP¥91.92 (vs JP¥111 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥28.8b (down 1.6% from FY 2020). Net income: JP¥2.14b (down 18% from FY 2020). Profit margin: 7.4% (down from 8.8% in FY 2020). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (2.7%). Lower than average of industry peers (1.3%). Is New 90 Day High Low • Mar 06
New 90-day low: JP¥2,647 The company is down 3.0% from its price of JP¥2,742 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 up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥1,847 per share. Reported Earnings • Feb 10
Third quarter 2021 earnings released: EPS JP¥16.22 (vs JP¥13.33 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥6.72b (down 2.6% from 3Q 2020). Net income: JP¥377.0m (up 22% from 3Q 2020). Profit margin: 5.6% (up from 4.5% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Feb 05
New 90-day high: JP¥3,025 The company is up 5.0% from its price of JP¥2,880 on 06 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the IT industry, which is also up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥2,058 per share. Annonce • Dec 19
Zuken Inc. to Report Q3, 2021 Results on Feb 08, 2021 Zuken Inc. announced that they will report Q3, 2021 results on Feb 08, 2021 Price Target Changed • Dec 01
Price target raised to JP¥3,680 Up from JP¥2,710, the current price target is provided by 1 analyst. The new target price is 32% above the current share price of JP¥2,781. As of last close, the stock is up 9.8% over the past year. Annonce • Oct 10
Zuken Inc. to Report Q2, 2021 Results on Nov 09, 2020 Zuken Inc. announced that they will report Q2, 2021 results on Nov 09, 2020