Upcoming Dividend • Mar 23
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.9%). Buy Or Sell Opportunity • Mar 04
Now 21% undervalued Over the last 90 days, the stock has risen 5.6% to JP¥1,068. The fair value is estimated to be JP¥1,351, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has grown by 80%. Buy Or Sell Opportunity • Feb 07
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 23% to JP¥1,007. The fair value is estimated to be JP¥1,261, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has grown by 80%. Reported Earnings • Nov 08
Second quarter 2026 earnings released: EPS: JP¥15.20 (vs JP¥25.99 in 2Q 2025) Second quarter 2026 results: EPS: JP¥15.20 (down from JP¥25.99 in 2Q 2025). Revenue: JP¥980.0m (up 16% from 2Q 2025). Net income: JP¥47.0m (down 41% from 2Q 2025). Profit margin: 4.8% (down from 9.5% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 10.0% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.0%). Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to JP¥1,179, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 12x in the Communications industry in Japan. Total returns to shareholders of 64% over the past three years. Reported Earnings • Aug 09
First quarter 2026 earnings released: EPS: JP¥35.26 (vs JP¥1.32 in 1Q 2025) First quarter 2026 results: EPS: JP¥35.26 (up from JP¥1.32 in 1Q 2025). Revenue: JP¥914.0m (up 21% from 1Q 2025). Net income: JP¥109.0m (up JP¥105.0m from 1Q 2025). Profit margin: 12% (up from 0.5% 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 41% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. New Risk • Jun 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: 2.3% 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¥2.69b market cap, or US$18.7m). Annonce • May 15
Nextgen,Inc., Annual General Meeting, Jun 26, 2025 Nextgen,Inc., Annual General Meeting, Jun 26, 2025. Buy Or Sell Opportunity • Apr 07
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 28% to JP¥778. The fair value is estimated to be JP¥973, 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. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥912, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 9x in the Communications industry in Japan. Total returns to shareholders of 34% over the past three years. Annonce • Feb 28
Nextgen,Inc. to Report Fiscal Year 2025 Results on May 14, 2025 Nextgen,Inc. announced that they will report fiscal year 2025 results on May 14, 2025 Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥13.91 (vs JP¥11.18 in 3Q 2024) Third quarter 2025 results: EPS: JP¥13.91 (up from JP¥11.18 in 3Q 2024). Revenue: JP¥913.0m (up 17% from 3Q 2024). Net income: JP¥43.0m (up 27% from 3Q 2024). Profit margin: 4.7% (up from 4.3% 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 19% per year whereas the company’s share price has increased by 17% per year. Valuation Update With 7 Day Price Move • Nov 15
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to JP¥1,005, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 12x in the Communications industry in Japan. Total loss to shareholders of 2.6% over the past three years. New Risk • Nov 11
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 6.7% 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 Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (JP¥2.91b market cap, or US$18.9m). Reported Earnings • Nov 09
Second quarter 2025 earnings released: EPS: JP¥25.99 (vs JP¥16.11 in 2Q 2024) Second quarter 2025 results: EPS: JP¥25.99 (up from JP¥16.11 in 2Q 2024). Revenue: JP¥844.0m (down 1.1% from 2Q 2024). Net income: JP¥80.0m (up 63% from 2Q 2024). Profit margin: 9.5% (up from 5.7% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. 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¥2.29b market cap, or US$16.3m). Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: JP¥1.32 (vs JP¥10.52 loss in 1Q 2024) First quarter 2025 results: EPS: JP¥1.32 (up from JP¥10.52 loss in 1Q 2024). Revenue: JP¥756.0m (up 1.5% from 1Q 2024). Net income: JP¥4.00m (up JP¥36.0m from 1Q 2024). Profit margin: 0.5% (up from net loss in 1Q 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. New Risk • Aug 05
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 6.3% 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: Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (JP¥1.68b market cap, or US$11.8m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to JP¥552, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 12x in the Communications industry in Japan. Total loss to shareholders of 53% over the past three years. Reported Earnings • May 12
Full year 2024 earnings released: EPS: JP¥54.58 (vs JP¥166 loss in FY 2023) Full year 2024 results: EPS: JP¥54.58 (up from JP¥166 loss in FY 2023). Revenue: JP¥3.52b (up 15% from FY 2023). Net income: JP¥166.0m (up JP¥620.0m from FY 2023). Profit margin: 4.7% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 13% per year. Annonce • May 12
Nextgen,Inc., Annual General Meeting, Jun 27, 2024 Nextgen,Inc., Annual General Meeting, Jun 27, 2024. Annonce • Mar 02
Nextgen,Inc. to Report Fiscal Year 2024 Results on May 10, 2024 Nextgen,Inc. announced that they will report fiscal year 2024 results on May 10, 2024 Reported Earnings • Feb 04
Third quarter 2024 earnings released: EPS: JP¥11.18 (vs JP¥8.66 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥11.18 (up from JP¥8.66 loss in 3Q 2023). Revenue: JP¥784.0m (up 27% from 3Q 2023). Net income: JP¥34.0m (up JP¥57.0m from 3Q 2023). Profit margin: 4.3% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 18% per year. Reported Earnings • Nov 04
Second quarter 2024 earnings released: EPS: JP¥16.11 (vs JP¥19.20 loss in 2Q 2023) Second quarter 2024 results: EPS: JP¥16.11 (up from JP¥19.20 loss in 2Q 2023). Revenue: JP¥853.0m (up 38% from 2Q 2023). Net income: JP¥49.0m (up JP¥100.0m from 2Q 2023). Profit margin: 5.7% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 09
First quarter 2024 earnings released: JP¥10.52 loss per share (vs JP¥34.25 loss in 1Q 2023) First quarter 2024 results: JP¥10.52 loss per share (improved from JP¥34.25 loss in 1Q 2023). Revenue: JP¥745.0m (up 36% from 1Q 2023). Net loss: JP¥32.0m (loss narrowed 65% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. New Risk • Jun 27
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 8.1% 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.1% average weekly change). Minor Risks Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (JP¥2.81b market cap, or US$19.6m). Reported Earnings • May 16
Full year 2023 earnings released: JP¥166 loss per share (vs JP¥63.22 profit in FY 2022) Full year 2023 results: JP¥166 loss per share (down from JP¥63.22 profit in FY 2022). Revenue: JP¥3.05b (down 19% from FY 2022). Net loss: JP¥454.0m (down 377% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥767, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 12x in the Communications industry in Japan. Total loss to shareholders of 46% over the past three years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥3.00 per share at 0.4% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Trailing yield: 0.4%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.1%). Reported Earnings • Feb 04
Third quarter 2023 earnings released: JP¥8.66 loss per share (vs JP¥12.42 loss in 3Q 2022) Third quarter 2023 results: JP¥8.66 loss per share (improved from JP¥12.42 loss in 3Q 2022). Revenue: JP¥616.0m (down 11% from 3Q 2022). Net loss: JP¥23.0m (loss narrowed 28% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Annonce • Jan 11
Nextgen,Inc. announced that it has received ¥251.02 million in funding from NEC Networks & System Integration Corporation, Iwatsu Electric Co., Ltd. On January 11, 2023, Nextgen,Inc. closed the transaction. 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. 5 non-independent directors. Independent Outside Director Setsu Mimura was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 06
Second quarter 2023 earnings released: JP¥19.20 loss per share (vs JP¥12.81 loss in 2Q 2022) Second quarter 2023 results: JP¥19.20 loss per share (further deteriorated from JP¥12.81 loss in 2Q 2022). Revenue: JP¥617.0m (down 23% from 2Q 2022). Net loss: JP¥51.0m (loss widened 55% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 07
First quarter 2023 earnings released: JP¥34.25 loss per share (vs JP¥38.42 loss in 1Q 2022) First quarter 2023 results: JP¥34.25 loss per share (up from JP¥38.42 loss in 1Q 2022). Revenue: JP¥546.0m (down 38% from 1Q 2022). Net loss: JP¥91.0m (loss narrowed 8.1% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Annonce • May 18
Nextgen,Inc., Annual General Meeting, Jun 24, 2022 Nextgen,Inc., Annual General Meeting, Jun 24, 2022. Reported Earnings • May 17
Full year 2022 earnings released: EPS: JP¥63.22 (vs JP¥67.53 loss in FY 2021) Full year 2022 results: EPS: JP¥63.22 (up from JP¥67.53 loss in FY 2021). Revenue: JP¥3.75b (down 2.9% from FY 2021). Net income: JP¥164.0m (up JP¥338.0m from FY 2021). Profit margin: 4.4% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. 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 22% per year, which means it is significantly lagging earnings. Board Change • Apr 27
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. 6 non-independent directors. Independent Outside Director Setsu Mimura was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Apr 08
Nextgen,Inc. to Report Fiscal Year 2022 Results on May 13, 2022 Nextgen,Inc. announced that they will report fiscal year 2022 results on May 13, 2022 Reported Earnings • Feb 07
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: JP¥12.42 loss per share (down from JP¥1.94 loss in 3Q 2021). Revenue: JP¥690.0m (down 37% from 3Q 2021). Net loss: JP¥32.0m (loss widened JP¥27.0m from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings. Annonce • Jan 13
Nextgen,Inc. announced that it has received ¥60.88 million in funding from Tsuzuki Denki Co., Ltd. On January 12, 2022, Nextgen,Inc. closed the transaction. Annonce • Dec 25
Nextgen,Inc. announced that it expects to receive ¥60.88 million in funding from Tsuzuki Denki Co., Ltd. Nextgen,Inc. announced a private placement of 80,000 shares at issue price of ¥761 per share for gross proceeds of ¥60,880,000 on December 24, 2021. The transaction included participation from Tsuzuki Denki Co., Ltd. The company issue shares through third party allotment. The company incurred expenses of ¥1,000,000 which includes total of registration-related costs, securities notice preparation costs, payment handling bank fees, and other costs in relation to the transaction receiving net proceeds of ¥59,880,000. The transaction is expected to close on January 12, 2022. The transaction has been approved by the board of directors of the company. Reported Earnings • Nov 07
Second quarter 2022 earnings released: JP¥12.81 loss per share (vs JP¥34.93 profit in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2022 results: Revenue: JP¥800.0m (down 20% from 2Q 2021). Net loss: JP¥33.0m (down 137% from profit in 2Q 2021). Reported Earnings • Aug 09
First quarter 2022 earnings released: JP¥38.42 loss per share (vs JP¥98.58 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: JP¥878.0m (up 87% from 1Q 2021). Net loss: JP¥99.0m (loss narrowed 61% from 1Q 2021). Reported Earnings • May 17
Full year 2021 earnings released: JP¥67.53 loss per share (vs JP¥249 loss in FY 2020) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were flat. Full year 2021 results: Revenue: JP¥3.86b (flat on FY 2020). Net loss: JP¥174.0m (loss narrowed 68% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Annonce • Mar 04
Nextgen,Inc. to Report Fiscal Year 2021 Results on May 14, 2021 Nextgen,Inc. announced that they will report fiscal year 2021 results on May 14, 2021 Reported Earnings • Feb 07
Third quarter 2021 earnings released: JP¥1.94 loss per share (vs JP¥90.21 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: JP¥1.10b (up 61% from 3Q 2020). Net loss: JP¥5.00m (loss narrowed 97% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 91% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Dec 16
New 90-day low: JP¥1,408 The company is down 13% from its price of JP¥1,624 on 17 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 2.0% over the same period. Is New 90 Day High Low • Nov 17
New 90-day low: JP¥1,530 The company is down 11% from its price of JP¥1,721 on 19 August 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 10.0% over the same period. Reported Earnings • Nov 08
Second quarter 2021 earnings released: EPS JP¥34.93 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥997.0m (up 40% from 2Q 2020). Net income: JP¥90.0m (up JP¥215.0m from 2Q 2020). Profit margin: 9.0% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Is New 90 Day High Low • Oct 30
New 90-day low: JP¥1,567 The company is down 4.0% from its price of JP¥1,636 on 31 July 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 8.0% over the same period. Is New 90 Day High Low • Oct 12
New 90-day high: JP¥1,889 The company is up 16% from its price of JP¥1,626 on 14 July 2020. The Japanese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 3.0% over the same period. Annonce • Aug 30
Nextgen,Inc. to Report Q2, 2021 Results on Nov 06, 2020 Nextgen,Inc. announced that they will report Q2, 2021 results on Nov 06, 2020 Annonce • Jun 17
Nextgen,Inc. to Report Q1, 2021 Results on Aug 07, 2020 Nextgen,Inc. announced that they will report Q1, 2021 results on Aug 07, 2020