View Financial HealthDigital Garage 配当と自社株買い配当金 基準チェック /36Digital Garageは配当を支払う会社で、現在の利回りは1.8%です。次の支払い日は 29th June, 2026で、権利落ち日は30th March, 2026 。主要情報1.8%配当利回り-0.08%バイバック利回り総株主利回り1.7%将来の配当利回り2.0%配当成長11.3%次回配当支払日29 Jun 26配当落ち日30 Mar 26一株当たり配当金n/a配当性向102%最近の配当と自社株買いの更新Upcoming Dividend • Mar 23Upcoming dividend of JP¥47.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.0%).Declared Dividend • Nov 16Dividend of JP¥47.00 announcedShareholders will receive a dividend of JP¥47.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 269%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 12% 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. EPS is expected to grow by 83% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Mar 21Upcoming dividend of JP¥53.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (2.3%).お知らせ • Feb 10+ 1 more updateDigital Garage, Inc. Announces Special Dividend for the Fiscal Year Ending March 31, 2025Digital Garage, Inc. announced Special dividend for the fiscal year ending March 31, 2025. For the period, the company announced special dividend of JPY 10 per share.お知らせ • Jun 20Digital Garage, Inc. (TSE:4819) announces an Equity Buyback for 2,200,000 shares, representing 4.64% for ¥4,000 million.Digital Garage, Inc. (TSE:4819) announces a share repurchase program. Under the program, the company will repurchase up to 2,200,000 shares, representing 4.64% of its issued share capital, for ¥4,000 million. The purpose of the program is to actively return profits to shareholders based on the progress of our business. The share repurchase program will run until January 31, 2025. As of March 31, 2024, the company had 47,379,729 shares issued (excluding treasury stock) and 239,371 shares in treasury.Upcoming Dividend • Mar 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (2.2%).すべての更新を表示Recent updatesお知らせ • 9hDigital Garage, Inc. to Report Fiscal Year 2026 Results on May 14, 2026Digital Garage, Inc. announced that they will report fiscal year 2026 results on May 14, 2026New Risk • Apr 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.3% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 102% Paying a dividend despite having no free cash flows. High level of non-cash earnings (119% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change).Valuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €14.30, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 15x in the IT industry in Germany. Total loss to shareholders of 51% over the past three years.Upcoming Dividend • Mar 23Upcoming dividend of JP¥47.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.0%).New Risk • Feb 15New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 45% 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: 102% Paying a dividend despite having no free cash flows. High level of non-cash earnings (45% accrual ratio).Reported Earnings • Feb 15Third quarter 2026 earnings released: EPS: JP¥44.48 (vs JP¥72.93 in 3Q 2025)Third quarter 2026 results: EPS: JP¥44.48 (down from JP¥72.93 in 3Q 2025). Revenue: JP¥10.6b (up 13% from 3Q 2025). Net income: JP¥2.04b (down 39% from 3Q 2025). Profit margin: 19% (down from 36% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Feb 02Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 30% to €12.90. The fair value is estimated to be €16.37, 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. Revenue is forecast to grow by 42% in 2 years. Earnings are forecast to grow by 114% in the next 2 years.お知らせ • Dec 24Digital Garage, Inc. to Report Q3, 2026 Results on Feb 12, 2026Digital Garage, Inc. announced that they will report Q3, 2026 results on Feb 12, 2026Buy Or Sell Opportunity • Dec 02Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 23% to €16.30. The fair value is estimated to be €20.48, 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. For the next 3 years, revenue is forecast to grow by 8.5% per annum. Earnings are also forecast to grow by 22% per annum over the same time period.Declared Dividend • Nov 16Dividend of JP¥47.00 announcedShareholders will receive a dividend of JP¥47.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 269%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 12% 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. EPS is expected to grow by 83% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Nov 07Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to €17.40. The fair value is estimated to be €21.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making.お知らせ • Sep 27Digital Garage, Inc. to Report Q2, 2026 Results on Nov 13, 2025Digital Garage, Inc. announced that they will report Q2, 2026 results on Nov 13, 2025お知らせ • Sep 22Resona Holdings, Inc. (TSE:8308) completed the acquisition of additional 17.9% stake in Digital Garage, Inc. (TSE:4819) from Oasis Management Company Ltd.Resona Holdings, Inc. (TSE:8308) entered into a share transfer agreement to acquire additional 17.9% stake in Digital Garage, Inc. (TSE:4819) from Oasis Management Company Ltd. on July 31, 2025. Before completion, Resona Holdings, Inc. held 12.42% stake and Oasis Management Company Ltd. held 18.52% stake in Digital Garage, Inc. After completion, Resona Holdings, Inc. will hold 30.95% stake and Oasis Management Company Ltd. will no longer hold any stake in Digital Garage, Inc. The expected completion of the transaction is from late August 2025 to late September 2025. Resona Holdings, Inc. (TSE:8308) completed the acquisition of additional 17.9% stake in Digital Garage, Inc. (TSE:4819) from Oasis Management Company Ltd. on September 22, 2025.Reported Earnings • Aug 08First quarter 2026 earnings released: JP¥14.68 loss per share (vs JP¥67.04 profit in 1Q 2025)First quarter 2026 results: JP¥14.68 loss per share (down from JP¥67.04 profit in 1Q 2025). Revenue: JP¥8.34b (down 20% from 1Q 2025). Net loss: JP¥673.0m (down 121% from profit in 1Q 2025). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance.Reported Earnings • Jul 02Full year 2025 earnings released: JP¥155 loss per share (vs JP¥127 profit in FY 2024)Full year 2025 results: JP¥155 loss per share (down from JP¥127 profit in FY 2024). Revenue: JP¥32.2b (up 2.6% from FY 2024). Net loss: JP¥7.19b (down 224% from profit in FY 2024). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.お知らせ • Jun 30Ceres Inc. (TSE:3696) acquired 19.14% stake in CyberBuzz, Inc. (TSE:7069) from Digital Garage, Inc. (TSE:4819).Ceres Inc. (TSE:3696) acquired 19.14% stake in CyberBuzz, Inc. (TSE:7069) from Digital Garage, Inc. (TSE:4819) on June 30, 2025. As a result of this transfer, Digital Garage will no longer be one of our other affiliates or major shareholders. Masashi Tanaka, who was appointed from Digital Garage as an outside director of the Company, will resign as of June 30, 2025 in connection with this transfer. Ceres Inc. (TSE:3696) completed the acquisition of 19.14% stake in CyberBuzz, Inc. (TSE:7069) from Digital Garage, Inc. (TSE:4819) on June 30, 2025.お知らせ • Jun 27Digital Garage, Inc. Appoints Hiroyuki Nozaki as Head of Group CEO Division, Effective August 1, 2025Digital Garage, Inc. Announces executive change: Name: Hiroyuki Nozaki: New position: Corporate Officer, Head of Group CEO Division, Deputy Head of Corporate Division . Current Position: Corporate Officer, Deputy Head of Corporate Division. Effective Date: August 1, 2025.お知らせ • May 31Digital Garage, Inc. to Report Q1, 2026 Results on Aug 07, 2025Digital Garage, Inc. announced that they will report Q1, 2026 results on Aug 07, 2025Reported Earnings • May 15Full year 2025 earnings released: JP¥155 loss per share (vs JP¥127 profit in FY 2024)Full year 2025 results: JP¥155 loss per share (down from JP¥127 profit in FY 2024). Revenue: JP¥32.2b (up 2.6% from FY 2024). Net loss: JP¥7.19b (down 224% from profit in FY 2024). Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance.お知らせ • May 13Digital Garage, Inc., Annual General Meeting, Jun 26, 2025Digital Garage, Inc., Annual General Meeting, Jun 26, 2025.お知らせ • Mar 27Digital Garage, Inc. to Report Fiscal Year 2025 Results on May 13, 2025Digital Garage, Inc. announced that they will report fiscal year 2025 results on May 13, 2025Upcoming Dividend • Mar 21Upcoming dividend of JP¥53.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (2.3%).お知らせ • Feb 12Digital Garage, Inc. (TSE:4819) acquired an additional unknown stake in Pocket Change Inc.Digital Garage, Inc. (TSE:4819) acquired an additional unknown stake in Pocket Change Inc. on February 10, 2025. Digital Garage, Inc. (TSE:4819) completed the acquisition of additional unknown stake in Pocket Change Inc. on February 10, 2025.Reported Earnings • Feb 11Third quarter 2025 earnings released: EPS: JP¥72.93 (vs JP¥26.78 loss in 3Q 2024)Third quarter 2025 results: EPS: JP¥72.93 (up from JP¥26.78 loss in 3Q 2024). Revenue: JP¥9.42b (up 100% from 3Q 2024). Net income: JP¥3.34b (up JP¥4.54b from 3Q 2024). Profit margin: 36% (up from net loss in 3Q 2024). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.お知らせ • Feb 10+ 1 more updateDigital Garage, Inc. Announces Special Dividend for the Fiscal Year Ending March 31, 2025Digital Garage, Inc. announced Special dividend for the fiscal year ending March 31, 2025. For the period, the company announced special dividend of JPY 10 per share.お知らせ • Jan 03Digital Garage, Inc. to Report Q3, 2025 Results on Feb 10, 2025Digital Garage, Inc. announced that they will report Q3, 2025 results on Feb 10, 2025New Risk • Nov 14New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 10Second quarter 2025 earnings released: JP¥254 loss per share (vs JP¥33.68 profit in 2Q 2024)Second quarter 2025 results: JP¥254 loss per share (down from JP¥33.68 profit in 2Q 2024). Revenue: JP¥4.46b (down 41% from 2Q 2024). Net loss: JP¥11.8b (down JP¥13.3b from profit in 2Q 2024). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €20.60, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 15x in the IT industry in Germany. Total loss to shareholders of 49% over the past three years.お知らせ • Sep 27+ 1 more updateDigital Garage, Inc. to Report Q2, 2025 Results on Nov 07, 2024Digital Garage, Inc. announced that they will report Q2, 2025 results on Nov 07, 2024Reported Earnings • Aug 12First quarter 2025 earnings released: EPS: JP¥67.04 (vs JP¥88.96 in 1Q 2024)First quarter 2025 results: EPS: JP¥67.04 (down from JP¥88.96 in 1Q 2024). Revenue: JP¥10.4b (down 4.5% from 1Q 2024). Net income: JP¥3.17b (down 23% from 1Q 2024). Profit margin: 30% (down from 38% in 1Q 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.New Risk • Aug 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Shareholders have been diluted in the past year (2.7% increase in shares outstanding).New Risk • Aug 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.2% 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: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.2% average weekly change).お知らせ • Jun 28Digital Garage, Inc. to Report Q1, 2025 Results on Aug 08, 2024Digital Garage, Inc. announced that they will report Q1, 2025 results on Aug 08, 2024Reported Earnings • Jun 27Full year 2024 earnings released: EPS: JP¥127 (vs JP¥193 loss in FY 2023)Full year 2024 results: EPS: JP¥127 (up from JP¥193 loss in FY 2023). Revenue: JP¥31.4b (up 25% from FY 2023). Net income: JP¥5.81b (up JP¥14.9b from FY 2023). Profit margin: 19% (up from net loss in FY 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 37 percentage points per year, which is a significant difference in performance.お知らせ • Jun 20Digital Garage, Inc. (TSE:4819) announces an Equity Buyback for 2,200,000 shares, representing 4.64% for ¥4,000 million.Digital Garage, Inc. (TSE:4819) announces a share repurchase program. Under the program, the company will repurchase up to 2,200,000 shares, representing 4.64% of its issued share capital, for ¥4,000 million. The purpose of the program is to actively return profits to shareholders based on the progress of our business. The share repurchase program will run until January 31, 2025. As of March 31, 2024, the company had 47,379,729 shares issued (excluding treasury stock) and 239,371 shares in treasury.お知らせ • May 11Digital Garage, Inc., Annual General Meeting, Jun 21, 2024Digital Garage, Inc., Annual General Meeting, Jun 21, 2024.Reported Earnings • May 11Full year 2024 earnings released: EPS: JP¥127 (vs JP¥193 loss in FY 2023)Full year 2024 results: EPS: JP¥127 (up from JP¥193 loss in FY 2023). Revenue: JP¥31.4b (up 25% from FY 2023). Net income: JP¥5.81b (up JP¥14.9b from FY 2023). Profit margin: 19% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Apr 19Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €15.30, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the IT industry in Germany. Total loss to shareholders of 54% over the past three years.お知らせ • Apr 03Digital Garage, Inc. (TSE:4819) completed the acquisition of 20% stake in Resona Kessai Service Co.,Ltd. from Resona Holdings, Inc. (TSE:8308).Digital Garage, Inc. (TSE:4819) has reached a basic agreement to acquire 20% stake in Resona Kessai Service Co.,Ltd. from Resona Holdings, Inc. (TSE:8308) on December 22, 2023. Resona and Digital Garage plans to discuss separately and reach an agreement on the terms and conditions of such share acquisition. BofA Securities acted as exclusive financial advisor to Resona Holdings. Digital Garage, Inc. (TSE:4819) completed the acquisition of 20% stake in Resona Kessai Service Co.,Ltd. from Resona Holdings, Inc. (TSE:8308) on April 1, 2024.お知らせ • Mar 29Digital Garage, Inc. Announces Management Appointments, Effective April 1, 2024At the Board of Directors meeting on March 29, 2024, Digital Garage Inc. resolved to make corporate officer appointments and personnel changes. Daniel Brandt appointed as Corporate Officer and Chief Investor Relations Officer (CIRO) and responsible for investor relations. Lisa Katayama appointed as Corporate Officer and Chief Transformation Officer (CTrO) and responsible for corporate transformation. Effective date on April 1, 2024.お知らせ • Mar 28Digital Garage, Inc. to Report Fiscal Year 2024 Results on May 09, 2024Digital Garage, Inc. announced that they will report fiscal year 2024 results on May 09, 2024Upcoming Dividend • Mar 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (2.2%).New Risk • Mar 12New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (5.3% increase in shares outstanding).Declared Dividend • Feb 25Dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 28th March 2024 Payment date: 26th June 2024 Dividend yield will be 198%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (51% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. 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. EPS is expected to grow by 45% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 11Third quarter 2024 earnings released: JP¥26.79 loss per share (vs JP¥76.80 loss in 3Q 2023)Third quarter 2024 results: JP¥26.79 loss per share (improved from JP¥76.80 loss in 3Q 2023). Revenue: JP¥4.72b (down 23% from 3Q 2023). Net loss: JP¥1.20b (loss narrowed 67% from 3Q 2023). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.お知らせ • Dec 28Digital Garage, Inc. to Report Q3, 2024 Results on Feb 08, 2024Digital Garage, Inc. announced that they will report Q3, 2024 results on Feb 08, 2024New Risk • Dec 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German 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: Major Risk Earnings have declined by 6.4% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.9% net profit margin).New Risk • Nov 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.4% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 are forecast to decline by an average of 1.4% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.9% net profit margin).Buying Opportunity • Oct 16Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 27%. The fair value is estimated to be €24.33, 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 became loss making.お知らせ • Sep 28Digital Garage, Inc. to Report Q2, 2024 Results on Nov 09, 2023Digital Garage, Inc. announced that they will report Q2, 2024 results on Nov 09, 2023Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥88.96 (vs JP¥158 in 1Q 2023)First quarter 2024 results: EPS: JP¥88.96 (down from JP¥158 in 1Q 2023). Revenue: JP¥10.9b (down 19% from 1Q 2023). Net income: JP¥4.10b (down 45% from 1Q 2023). Profit margin: 38% (down from 55% in 1Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.お知らせ • Jun 29Digital Garage, Inc. to Report Q1, 2024 Results on Aug 09, 2023Digital Garage, Inc. announced that they will report Q1, 2024 results on Aug 09, 2023お知らせ • Jun 06Digital Garage, Inc. (TSE:4819) announces an Equity Buyback for 1,600,000 shares, representing 3.47% for ¥5,000 million.Digital Garage, Inc. (TSE:4819) announces a share repurchase program. Under the program, the company will repurchase up to 1,600,000 shares, representing 3.47% of its issued share capital, for ¥5,000 million. The purpose of the program is to improve company's corporate value and implement flexible capital policy. The share repurchase program will run until November 30, 2023. As of March 31, 2023, the company had 46,072,674 shares issued (excluding treasury stock) and 1,534,826 shares in treasury.お知らせ • May 16Digital Garage, Inc. Announces Dividend for the Fiscal Year Ended March 31, 2023, Payable on June 26, 2023Digital Garage, Inc. announced dividend of JPY 37.00 per share for the fiscal year ended March 31, 2023 against JPY 35.00 per share paid a year ago. Scheduled date to commence dividend payments is June 26, 2023.Reported Earnings • May 14Full year 2023 earnings released: JP¥193 loss per share (vs JP¥655 profit in FY 2022)Full year 2023 results: JP¥193 loss per share (down from JP¥655 profit in FY 2022). Revenue: JP¥25.1b (down 53% from FY 2022). Net loss: JP¥9.06b (down 130% from profit in FY 2022). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 3% per year.お知らせ • May 13Digital Garage, Inc., Annual General Meeting, Jun 23, 2023Digital Garage, Inc., Annual General Meeting, Jun 23, 2023.Reported Earnings • Feb 12Third quarter 2023 earnings released: JP¥76.80 loss per share (vs JP¥93.32 profit in 3Q 2022)Third quarter 2023 results: JP¥76.80 loss per share (down from JP¥93.32 profit in 3Q 2022). Revenue: JP¥6.13b (down 42% from 3Q 2022). Net loss: JP¥3.61b (down 184% from profit in 3Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Dec 29Digital Garage, Inc. to Report Q3, 2023 Results on Feb 10, 2023Digital Garage, Inc. announced that they will report Q3, 2023 results on Feb 10, 2023Reported Earnings • Nov 16Second quarter 2023 earnings released: JP¥250 loss per share (vs JP¥329 profit in 2Q 2022)Second quarter 2023 results: JP¥250 loss per share (down from JP¥329 profit in 2Q 2022). Net loss: JP¥11.8b (down 178% from profit in 2Q 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 13Second quarter 2023 earnings released: JP¥250 loss per share (vs JP¥329 profit in 2Q 2022)Second quarter 2023 results: JP¥250 loss per share (down from JP¥329 profit in 2Q 2022). Net loss: JP¥11.8b (down 178% from profit in 2Q 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.お知らせ • Nov 12Digital Garage, Inc. (TSE:4819) announces an Equity Buyback for 1,600,000 shares, representing 3.39% for ¥5,000 million.Digital Garage, Inc. (TSE:4819) announces a share repurchase program. Under the program, the company will repurchase up to 1,600,000 shares, representing 3.39% of its issued share capital, for a total consideration of ¥5,000 million. The purpose of the program is to enhance shareholder returns and implement a flexible capital policy that responds to changes in the business environment. The share repurchase program will run until April 30, 2023. As of September 30, 2022, the company had 47,239,815 shares issued and 358,885 shares in treasury.お知らせ • Sep 28Digital Garage, Inc. to Report Q2, 2023 Results on Nov 11, 2022Digital Garage, Inc. announced that they will report Q2, 2023 results on Nov 11, 2022Reported Earnings • Aug 11First quarter 2023 earnings released: EPS: JP¥158 (vs JP¥72.56 in 1Q 2022)First quarter 2023 results: EPS: JP¥158 (up from JP¥72.56 in 1Q 2022). Revenue: JP¥13.5b (up 37% from 1Q 2022). Net income: JP¥7.47b (up 123% from 1Q 2022). Profit margin: 55% (up from 34% in 1Q 2022). Over the next year, revenue is expected to shrink by 20% compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • Jun 29Digital Garage, Inc. to Report Q1, 2023 Results on Aug 10, 2022Digital Garage, Inc. announced that they will report Q1, 2023 results on Aug 10, 2022Reported Earnings • Jun 25Full year 2022 earnings releasedFull year 2022 results: Revenue: JP¥53.1b (up 48% from FY 2021). Net income: JP¥30.3b (up 210% from FY 2021). Profit margin: 57% (up from 27% in FY 2021). Over the next year, revenue is expected to shrink by 8.1% compared to a 17% growth forecast for the industry in Germany.Reported Earnings • May 16Full year 2022 earnings released: EPS: JP¥655 (vs JP¥213 in FY 2021)Full year 2022 results: EPS: JP¥655 (up from JP¥213 in FY 2021). Revenue: JP¥53.1b (up 48% from FY 2021). Net income: JP¥30.3b (up 210% from FY 2021). Profit margin: 57% (up from 27% in FY 2021). The increase in margin was primarily driven by higher revenue. Over the next year, revenue is expected to shrink by 19% compared to a 18% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • May 14Digital Garage, Inc., Annual General Meeting, Jun 22, 2022Digital Garage, Inc., Annual General Meeting, Jun 22, 2022.お知らせ • Apr 05Digital Garage, Inc. to Report Fiscal Year 2022 Results on May 12, 2022Digital Garage, Inc. announced that they will report fiscal year 2022 results on May 12, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 24 June 2022. Payout ratio is a comfortable 5.6% but the company is paying out more than the cash it is generating. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (1.0%).Reported Earnings • Feb 11Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: JP¥93.32 (up from JP¥49.71 in 3Q 2021). Revenue: JP¥10.6b (up 27% from 3Q 2021). Net income: JP¥4.31b (up 88% from 3Q 2021). Profit margin: 41% (up from 27% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 8.6%, compared to a 18% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 24Digital Garage, Inc. announced that it expects to receive ¥1.352575 billion in funding from Toshiba Tec CorporationDigital Garage, Inc. announced a private placement of 295,000 common share at an issue price of ¥4,585 per share for gross proceeds of ¥1,352,575,000 on December 23, 2021. The transaction includes participation form Toshiba Tec Corporation. The shares are issued through third party allotment method. The transaction was approved by board of directors the investor. The transaction is expected to close January 11, 2022. The company will pay ¥5,000,000 as issue expenses. The entered into agreement with the investor.Reported Earnings • Nov 14Second quarter 2022 earnings released: EPS JP¥329 (vs JP¥82.07 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥15.9b (up 41% from 2Q 2021). Net income: JP¥15.2b (up 301% from 2Q 2021). Profit margin: 95% (up from 34% in 2Q 2021). The increase in margin was primarily driven by lower expenses. 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 23% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jun 28Full year 2021 earnings released: EPS JP¥213 (vs JP¥161 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥36.0b (up 17% from FY 2020). Net income: JP¥9.79b (up 32% from FY 2020). Profit margin: 27% (up from 24% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 4% per year.Reported Earnings • May 15Full year 2021 earnings released: EPS JP¥213 (vs JP¥161 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥36.0b (up 17% from FY 2020). Net income: JP¥9.79b (up 32% from FY 2020). Profit margin: 27% (up from 24% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥32.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 24 June 2021. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (1.1%).Reported Earnings • Feb 12Third quarter 2021 earnings released: EPS JP¥49.71 (vs JP¥48.99 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: JP¥8.36b (up 11% from 3Q 2020). Net income: JP¥2.29b (up 1.6% from 3Q 2020). Profit margin: 27% (down from 30% in 3Q 2020). The decrease in margin was driven by higher expenses. 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.Is New 90 Day High Low • Jan 27New 90-day low: €28.60The company is down 4.0% from its price of €29.80 on 28 October 2020. The German market is up 16% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €23.90 per share.お知らせ • Jan 07Digital Garage, Inc. to Report Q3, 2021 Results on Feb 10, 2021Digital Garage, Inc. announced that they will report Q3, 2021 results on Feb 10, 2021Reported Earnings • Nov 15Second quarter 2021 earnings released: EPS JP¥82.07The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: JP¥11.3b (up 12% from 2Q 2020). Net income: JP¥3.78b (up 3.6% from 2Q 2020). Profit margin: 34% (down from 36% in 2Q 2020). The decrease in margin was driven by higher expenses.Is New 90 Day High Low • Nov 11New 90-day high: €32.00The company is up 16% from its price of €27.60 on 13 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 23% over the same period.Is New 90 Day High Low • Oct 25New 90-day high: €30.20The company is up 1.0% from its price of €29.80 on 27 July 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.72 per share.お知らせ • Oct 04Digital Garage, Inc. to Report First Half, 2021 Results on Nov 13, 2020Digital Garage, Inc. announced that they will report first half, 2021 results on Nov 13, 2020決済の安定と成長配当データの取得安定した配当: DGKの1株当たり配当金は過去10年間安定しています。増加する配当: DGKの配当金は過去10年間にわたって増加しています。配当利回り対市場Digital Garage 配当利回り対市場DGK 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (DGK)1.8%市場下位25% (DE)1.5%市場トップ25% (DE)4.6%業界平均 (IT)2.6%アナリスト予想 (DGK) (最長3年)2.0%注目すべき配当: DGKの配当金 ( 1.8% ) はGerman市場の配当金支払者の下位 25% ( 1.5% ) よりも高くなっています。高配当: DGKの配当金 ( 1.8% ) はGerman市場の配当金支払者の上位 25% ( 4.62% ) と比較すると低いです。株主への利益配当収益カバレッジ: DGKは高い 配当性向 ( 102% ) のため、配当金の支払いは利益によって十分にカバーされていません。株主配当金キャッシュフローカバレッジ: DGKは配当金を支払っていますが、同社にはフリーキャッシュフローがありません。高配当企業の発掘7D1Y7D1Y7D1YDE 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/08 14:53終値2026/05/08 00:00収益2025/12/31年間収益2025/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Digital Garage, Inc. 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。8 アナリスト機関Futoshi SasakiBofA Global Researchnull nullDaiwa Securities Co. Ltd.Kazuki TokunagaDaiwa Securities Co. Ltd.5 その他のアナリストを表示
Upcoming Dividend • Mar 23Upcoming dividend of JP¥47.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.0%).
Declared Dividend • Nov 16Dividend of JP¥47.00 announcedShareholders will receive a dividend of JP¥47.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 269%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 12% 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. EPS is expected to grow by 83% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥53.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (2.3%).
お知らせ • Feb 10+ 1 more updateDigital Garage, Inc. Announces Special Dividend for the Fiscal Year Ending March 31, 2025Digital Garage, Inc. announced Special dividend for the fiscal year ending March 31, 2025. For the period, the company announced special dividend of JPY 10 per share.
お知らせ • Jun 20Digital Garage, Inc. (TSE:4819) announces an Equity Buyback for 2,200,000 shares, representing 4.64% for ¥4,000 million.Digital Garage, Inc. (TSE:4819) announces a share repurchase program. Under the program, the company will repurchase up to 2,200,000 shares, representing 4.64% of its issued share capital, for ¥4,000 million. The purpose of the program is to actively return profits to shareholders based on the progress of our business. The share repurchase program will run until January 31, 2025. As of March 31, 2024, the company had 47,379,729 shares issued (excluding treasury stock) and 239,371 shares in treasury.
Upcoming Dividend • Mar 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (2.2%).
お知らせ • 9hDigital Garage, Inc. to Report Fiscal Year 2026 Results on May 14, 2026Digital Garage, Inc. announced that they will report fiscal year 2026 results on May 14, 2026
New Risk • Apr 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.3% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 102% Paying a dividend despite having no free cash flows. High level of non-cash earnings (119% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change).
Valuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €14.30, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 15x in the IT industry in Germany. Total loss to shareholders of 51% over the past three years.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥47.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.0%).
New Risk • Feb 15New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 45% 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: 102% Paying a dividend despite having no free cash flows. High level of non-cash earnings (45% accrual ratio).
Reported Earnings • Feb 15Third quarter 2026 earnings released: EPS: JP¥44.48 (vs JP¥72.93 in 3Q 2025)Third quarter 2026 results: EPS: JP¥44.48 (down from JP¥72.93 in 3Q 2025). Revenue: JP¥10.6b (up 13% from 3Q 2025). Net income: JP¥2.04b (down 39% from 3Q 2025). Profit margin: 19% (down from 36% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Feb 02Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 30% to €12.90. The fair value is estimated to be €16.37, 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. Revenue is forecast to grow by 42% in 2 years. Earnings are forecast to grow by 114% in the next 2 years.
お知らせ • Dec 24Digital Garage, Inc. to Report Q3, 2026 Results on Feb 12, 2026Digital Garage, Inc. announced that they will report Q3, 2026 results on Feb 12, 2026
Buy Or Sell Opportunity • Dec 02Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 23% to €16.30. The fair value is estimated to be €20.48, 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. For the next 3 years, revenue is forecast to grow by 8.5% per annum. Earnings are also forecast to grow by 22% per annum over the same time period.
Declared Dividend • Nov 16Dividend of JP¥47.00 announcedShareholders will receive a dividend of JP¥47.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 269%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 12% 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. EPS is expected to grow by 83% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Nov 07Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to €17.40. The fair value is estimated to be €21.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making.
お知らせ • Sep 27Digital Garage, Inc. to Report Q2, 2026 Results on Nov 13, 2025Digital Garage, Inc. announced that they will report Q2, 2026 results on Nov 13, 2025
お知らせ • Sep 22Resona Holdings, Inc. (TSE:8308) completed the acquisition of additional 17.9% stake in Digital Garage, Inc. (TSE:4819) from Oasis Management Company Ltd.Resona Holdings, Inc. (TSE:8308) entered into a share transfer agreement to acquire additional 17.9% stake in Digital Garage, Inc. (TSE:4819) from Oasis Management Company Ltd. on July 31, 2025. Before completion, Resona Holdings, Inc. held 12.42% stake and Oasis Management Company Ltd. held 18.52% stake in Digital Garage, Inc. After completion, Resona Holdings, Inc. will hold 30.95% stake and Oasis Management Company Ltd. will no longer hold any stake in Digital Garage, Inc. The expected completion of the transaction is from late August 2025 to late September 2025. Resona Holdings, Inc. (TSE:8308) completed the acquisition of additional 17.9% stake in Digital Garage, Inc. (TSE:4819) from Oasis Management Company Ltd. on September 22, 2025.
Reported Earnings • Aug 08First quarter 2026 earnings released: JP¥14.68 loss per share (vs JP¥67.04 profit in 1Q 2025)First quarter 2026 results: JP¥14.68 loss per share (down from JP¥67.04 profit in 1Q 2025). Revenue: JP¥8.34b (down 20% from 1Q 2025). Net loss: JP¥673.0m (down 121% from profit in 1Q 2025). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jul 02Full year 2025 earnings released: JP¥155 loss per share (vs JP¥127 profit in FY 2024)Full year 2025 results: JP¥155 loss per share (down from JP¥127 profit in FY 2024). Revenue: JP¥32.2b (up 2.6% from FY 2024). Net loss: JP¥7.19b (down 224% from profit in FY 2024). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.
お知らせ • Jun 30Ceres Inc. (TSE:3696) acquired 19.14% stake in CyberBuzz, Inc. (TSE:7069) from Digital Garage, Inc. (TSE:4819).Ceres Inc. (TSE:3696) acquired 19.14% stake in CyberBuzz, Inc. (TSE:7069) from Digital Garage, Inc. (TSE:4819) on June 30, 2025. As a result of this transfer, Digital Garage will no longer be one of our other affiliates or major shareholders. Masashi Tanaka, who was appointed from Digital Garage as an outside director of the Company, will resign as of June 30, 2025 in connection with this transfer. Ceres Inc. (TSE:3696) completed the acquisition of 19.14% stake in CyberBuzz, Inc. (TSE:7069) from Digital Garage, Inc. (TSE:4819) on June 30, 2025.
お知らせ • Jun 27Digital Garage, Inc. Appoints Hiroyuki Nozaki as Head of Group CEO Division, Effective August 1, 2025Digital Garage, Inc. Announces executive change: Name: Hiroyuki Nozaki: New position: Corporate Officer, Head of Group CEO Division, Deputy Head of Corporate Division . Current Position: Corporate Officer, Deputy Head of Corporate Division. Effective Date: August 1, 2025.
お知らせ • May 31Digital Garage, Inc. to Report Q1, 2026 Results on Aug 07, 2025Digital Garage, Inc. announced that they will report Q1, 2026 results on Aug 07, 2025
Reported Earnings • May 15Full year 2025 earnings released: JP¥155 loss per share (vs JP¥127 profit in FY 2024)Full year 2025 results: JP¥155 loss per share (down from JP¥127 profit in FY 2024). Revenue: JP¥32.2b (up 2.6% from FY 2024). Net loss: JP¥7.19b (down 224% from profit in FY 2024). Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance.
お知らせ • May 13Digital Garage, Inc., Annual General Meeting, Jun 26, 2025Digital Garage, Inc., Annual General Meeting, Jun 26, 2025.
お知らせ • Mar 27Digital Garage, Inc. to Report Fiscal Year 2025 Results on May 13, 2025Digital Garage, Inc. announced that they will report fiscal year 2025 results on May 13, 2025
Upcoming Dividend • Mar 21Upcoming dividend of JP¥53.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (2.3%).
お知らせ • Feb 12Digital Garage, Inc. (TSE:4819) acquired an additional unknown stake in Pocket Change Inc.Digital Garage, Inc. (TSE:4819) acquired an additional unknown stake in Pocket Change Inc. on February 10, 2025. Digital Garage, Inc. (TSE:4819) completed the acquisition of additional unknown stake in Pocket Change Inc. on February 10, 2025.
Reported Earnings • Feb 11Third quarter 2025 earnings released: EPS: JP¥72.93 (vs JP¥26.78 loss in 3Q 2024)Third quarter 2025 results: EPS: JP¥72.93 (up from JP¥26.78 loss in 3Q 2024). Revenue: JP¥9.42b (up 100% from 3Q 2024). Net income: JP¥3.34b (up JP¥4.54b from 3Q 2024). Profit margin: 36% (up from net loss in 3Q 2024). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 10+ 1 more updateDigital Garage, Inc. Announces Special Dividend for the Fiscal Year Ending March 31, 2025Digital Garage, Inc. announced Special dividend for the fiscal year ending March 31, 2025. For the period, the company announced special dividend of JPY 10 per share.
お知らせ • Jan 03Digital Garage, Inc. to Report Q3, 2025 Results on Feb 10, 2025Digital Garage, Inc. announced that they will report Q3, 2025 results on Feb 10, 2025
New Risk • Nov 14New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 10Second quarter 2025 earnings released: JP¥254 loss per share (vs JP¥33.68 profit in 2Q 2024)Second quarter 2025 results: JP¥254 loss per share (down from JP¥33.68 profit in 2Q 2024). Revenue: JP¥4.46b (down 41% from 2Q 2024). Net loss: JP¥11.8b (down JP¥13.3b from profit in 2Q 2024). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €20.60, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 15x in the IT industry in Germany. Total loss to shareholders of 49% over the past three years.
お知らせ • Sep 27+ 1 more updateDigital Garage, Inc. to Report Q2, 2025 Results on Nov 07, 2024Digital Garage, Inc. announced that they will report Q2, 2025 results on Nov 07, 2024
Reported Earnings • Aug 12First quarter 2025 earnings released: EPS: JP¥67.04 (vs JP¥88.96 in 1Q 2024)First quarter 2025 results: EPS: JP¥67.04 (down from JP¥88.96 in 1Q 2024). Revenue: JP¥10.4b (down 4.5% from 1Q 2024). Net income: JP¥3.17b (down 23% from 1Q 2024). Profit margin: 30% (down from 38% in 1Q 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.
New Risk • Aug 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Shareholders have been diluted in the past year (2.7% increase in shares outstanding).
New Risk • Aug 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.2% 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: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.2% average weekly change).
お知らせ • Jun 28Digital Garage, Inc. to Report Q1, 2025 Results on Aug 08, 2024Digital Garage, Inc. announced that they will report Q1, 2025 results on Aug 08, 2024
Reported Earnings • Jun 27Full year 2024 earnings released: EPS: JP¥127 (vs JP¥193 loss in FY 2023)Full year 2024 results: EPS: JP¥127 (up from JP¥193 loss in FY 2023). Revenue: JP¥31.4b (up 25% from FY 2023). Net income: JP¥5.81b (up JP¥14.9b from FY 2023). Profit margin: 19% (up from net loss in FY 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 37 percentage points per year, which is a significant difference in performance.
お知らせ • Jun 20Digital Garage, Inc. (TSE:4819) announces an Equity Buyback for 2,200,000 shares, representing 4.64% for ¥4,000 million.Digital Garage, Inc. (TSE:4819) announces a share repurchase program. Under the program, the company will repurchase up to 2,200,000 shares, representing 4.64% of its issued share capital, for ¥4,000 million. The purpose of the program is to actively return profits to shareholders based on the progress of our business. The share repurchase program will run until January 31, 2025. As of March 31, 2024, the company had 47,379,729 shares issued (excluding treasury stock) and 239,371 shares in treasury.
お知らせ • May 11Digital Garage, Inc., Annual General Meeting, Jun 21, 2024Digital Garage, Inc., Annual General Meeting, Jun 21, 2024.
Reported Earnings • May 11Full year 2024 earnings released: EPS: JP¥127 (vs JP¥193 loss in FY 2023)Full year 2024 results: EPS: JP¥127 (up from JP¥193 loss in FY 2023). Revenue: JP¥31.4b (up 25% from FY 2023). Net income: JP¥5.81b (up JP¥14.9b from FY 2023). Profit margin: 19% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Apr 19Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €15.30, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the IT industry in Germany. Total loss to shareholders of 54% over the past three years.
お知らせ • Apr 03Digital Garage, Inc. (TSE:4819) completed the acquisition of 20% stake in Resona Kessai Service Co.,Ltd. from Resona Holdings, Inc. (TSE:8308).Digital Garage, Inc. (TSE:4819) has reached a basic agreement to acquire 20% stake in Resona Kessai Service Co.,Ltd. from Resona Holdings, Inc. (TSE:8308) on December 22, 2023. Resona and Digital Garage plans to discuss separately and reach an agreement on the terms and conditions of such share acquisition. BofA Securities acted as exclusive financial advisor to Resona Holdings. Digital Garage, Inc. (TSE:4819) completed the acquisition of 20% stake in Resona Kessai Service Co.,Ltd. from Resona Holdings, Inc. (TSE:8308) on April 1, 2024.
お知らせ • Mar 29Digital Garage, Inc. Announces Management Appointments, Effective April 1, 2024At the Board of Directors meeting on March 29, 2024, Digital Garage Inc. resolved to make corporate officer appointments and personnel changes. Daniel Brandt appointed as Corporate Officer and Chief Investor Relations Officer (CIRO) and responsible for investor relations. Lisa Katayama appointed as Corporate Officer and Chief Transformation Officer (CTrO) and responsible for corporate transformation. Effective date on April 1, 2024.
お知らせ • Mar 28Digital Garage, Inc. to Report Fiscal Year 2024 Results on May 09, 2024Digital Garage, Inc. announced that they will report fiscal year 2024 results on May 09, 2024
Upcoming Dividend • Mar 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (2.2%).
New Risk • Mar 12New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (5.3% increase in shares outstanding).
Declared Dividend • Feb 25Dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 28th March 2024 Payment date: 26th June 2024 Dividend yield will be 198%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (51% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. 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. EPS is expected to grow by 45% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 11Third quarter 2024 earnings released: JP¥26.79 loss per share (vs JP¥76.80 loss in 3Q 2023)Third quarter 2024 results: JP¥26.79 loss per share (improved from JP¥76.80 loss in 3Q 2023). Revenue: JP¥4.72b (down 23% from 3Q 2023). Net loss: JP¥1.20b (loss narrowed 67% from 3Q 2023). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
お知らせ • Dec 28Digital Garage, Inc. to Report Q3, 2024 Results on Feb 08, 2024Digital Garage, Inc. announced that they will report Q3, 2024 results on Feb 08, 2024
New Risk • Dec 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German 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: Major Risk Earnings have declined by 6.4% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.9% net profit margin).
New Risk • Nov 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.4% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 are forecast to decline by an average of 1.4% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.9% net profit margin).
Buying Opportunity • Oct 16Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 27%. The fair value is estimated to be €24.33, 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 became loss making.
お知らせ • Sep 28Digital Garage, Inc. to Report Q2, 2024 Results on Nov 09, 2023Digital Garage, Inc. announced that they will report Q2, 2024 results on Nov 09, 2023
Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥88.96 (vs JP¥158 in 1Q 2023)First quarter 2024 results: EPS: JP¥88.96 (down from JP¥158 in 1Q 2023). Revenue: JP¥10.9b (down 19% from 1Q 2023). Net income: JP¥4.10b (down 45% from 1Q 2023). Profit margin: 38% (down from 55% in 1Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
お知らせ • Jun 29Digital Garage, Inc. to Report Q1, 2024 Results on Aug 09, 2023Digital Garage, Inc. announced that they will report Q1, 2024 results on Aug 09, 2023
お知らせ • Jun 06Digital Garage, Inc. (TSE:4819) announces an Equity Buyback for 1,600,000 shares, representing 3.47% for ¥5,000 million.Digital Garage, Inc. (TSE:4819) announces a share repurchase program. Under the program, the company will repurchase up to 1,600,000 shares, representing 3.47% of its issued share capital, for ¥5,000 million. The purpose of the program is to improve company's corporate value and implement flexible capital policy. The share repurchase program will run until November 30, 2023. As of March 31, 2023, the company had 46,072,674 shares issued (excluding treasury stock) and 1,534,826 shares in treasury.
お知らせ • May 16Digital Garage, Inc. Announces Dividend for the Fiscal Year Ended March 31, 2023, Payable on June 26, 2023Digital Garage, Inc. announced dividend of JPY 37.00 per share for the fiscal year ended March 31, 2023 against JPY 35.00 per share paid a year ago. Scheduled date to commence dividend payments is June 26, 2023.
Reported Earnings • May 14Full year 2023 earnings released: JP¥193 loss per share (vs JP¥655 profit in FY 2022)Full year 2023 results: JP¥193 loss per share (down from JP¥655 profit in FY 2022). Revenue: JP¥25.1b (down 53% from FY 2022). Net loss: JP¥9.06b (down 130% from profit in FY 2022). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 3% per year.
お知らせ • May 13Digital Garage, Inc., Annual General Meeting, Jun 23, 2023Digital Garage, Inc., Annual General Meeting, Jun 23, 2023.
Reported Earnings • Feb 12Third quarter 2023 earnings released: JP¥76.80 loss per share (vs JP¥93.32 profit in 3Q 2022)Third quarter 2023 results: JP¥76.80 loss per share (down from JP¥93.32 profit in 3Q 2022). Revenue: JP¥6.13b (down 42% from 3Q 2022). Net loss: JP¥3.61b (down 184% from profit in 3Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Dec 29Digital Garage, Inc. to Report Q3, 2023 Results on Feb 10, 2023Digital Garage, Inc. announced that they will report Q3, 2023 results on Feb 10, 2023
Reported Earnings • Nov 16Second quarter 2023 earnings released: JP¥250 loss per share (vs JP¥329 profit in 2Q 2022)Second quarter 2023 results: JP¥250 loss per share (down from JP¥329 profit in 2Q 2022). Net loss: JP¥11.8b (down 178% from profit in 2Q 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 13Second quarter 2023 earnings released: JP¥250 loss per share (vs JP¥329 profit in 2Q 2022)Second quarter 2023 results: JP¥250 loss per share (down from JP¥329 profit in 2Q 2022). Net loss: JP¥11.8b (down 178% from profit in 2Q 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
お知らせ • Nov 12Digital Garage, Inc. (TSE:4819) announces an Equity Buyback for 1,600,000 shares, representing 3.39% for ¥5,000 million.Digital Garage, Inc. (TSE:4819) announces a share repurchase program. Under the program, the company will repurchase up to 1,600,000 shares, representing 3.39% of its issued share capital, for a total consideration of ¥5,000 million. The purpose of the program is to enhance shareholder returns and implement a flexible capital policy that responds to changes in the business environment. The share repurchase program will run until April 30, 2023. As of September 30, 2022, the company had 47,239,815 shares issued and 358,885 shares in treasury.
お知らせ • Sep 28Digital Garage, Inc. to Report Q2, 2023 Results on Nov 11, 2022Digital Garage, Inc. announced that they will report Q2, 2023 results on Nov 11, 2022
Reported Earnings • Aug 11First quarter 2023 earnings released: EPS: JP¥158 (vs JP¥72.56 in 1Q 2022)First quarter 2023 results: EPS: JP¥158 (up from JP¥72.56 in 1Q 2022). Revenue: JP¥13.5b (up 37% from 1Q 2022). Net income: JP¥7.47b (up 123% from 1Q 2022). Profit margin: 55% (up from 34% in 1Q 2022). Over the next year, revenue is expected to shrink by 20% compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • Jun 29Digital Garage, Inc. to Report Q1, 2023 Results on Aug 10, 2022Digital Garage, Inc. announced that they will report Q1, 2023 results on Aug 10, 2022
Reported Earnings • Jun 25Full year 2022 earnings releasedFull year 2022 results: Revenue: JP¥53.1b (up 48% from FY 2021). Net income: JP¥30.3b (up 210% from FY 2021). Profit margin: 57% (up from 27% in FY 2021). Over the next year, revenue is expected to shrink by 8.1% compared to a 17% growth forecast for the industry in Germany.
Reported Earnings • May 16Full year 2022 earnings released: EPS: JP¥655 (vs JP¥213 in FY 2021)Full year 2022 results: EPS: JP¥655 (up from JP¥213 in FY 2021). Revenue: JP¥53.1b (up 48% from FY 2021). Net income: JP¥30.3b (up 210% from FY 2021). Profit margin: 57% (up from 27% in FY 2021). The increase in margin was primarily driven by higher revenue. Over the next year, revenue is expected to shrink by 19% compared to a 18% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • May 14Digital Garage, Inc., Annual General Meeting, Jun 22, 2022Digital Garage, Inc., Annual General Meeting, Jun 22, 2022.
お知らせ • Apr 05Digital Garage, Inc. to Report Fiscal Year 2022 Results on May 12, 2022Digital Garage, Inc. announced that they will report fiscal year 2022 results on May 12, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 24 June 2022. Payout ratio is a comfortable 5.6% but the company is paying out more than the cash it is generating. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (1.0%).
Reported Earnings • Feb 11Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: JP¥93.32 (up from JP¥49.71 in 3Q 2021). Revenue: JP¥10.6b (up 27% from 3Q 2021). Net income: JP¥4.31b (up 88% from 3Q 2021). Profit margin: 41% (up from 27% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 8.6%, compared to a 18% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 24Digital Garage, Inc. announced that it expects to receive ¥1.352575 billion in funding from Toshiba Tec CorporationDigital Garage, Inc. announced a private placement of 295,000 common share at an issue price of ¥4,585 per share for gross proceeds of ¥1,352,575,000 on December 23, 2021. The transaction includes participation form Toshiba Tec Corporation. The shares are issued through third party allotment method. The transaction was approved by board of directors the investor. The transaction is expected to close January 11, 2022. The company will pay ¥5,000,000 as issue expenses. The entered into agreement with the investor.
Reported Earnings • Nov 14Second quarter 2022 earnings released: EPS JP¥329 (vs JP¥82.07 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥15.9b (up 41% from 2Q 2021). Net income: JP¥15.2b (up 301% from 2Q 2021). Profit margin: 95% (up from 34% in 2Q 2021). The increase in margin was primarily driven by lower expenses. 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 23% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jun 28Full year 2021 earnings released: EPS JP¥213 (vs JP¥161 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥36.0b (up 17% from FY 2020). Net income: JP¥9.79b (up 32% from FY 2020). Profit margin: 27% (up from 24% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 4% per year.
Reported Earnings • May 15Full year 2021 earnings released: EPS JP¥213 (vs JP¥161 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥36.0b (up 17% from FY 2020). Net income: JP¥9.79b (up 32% from FY 2020). Profit margin: 27% (up from 24% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥32.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 24 June 2021. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (1.1%).
Reported Earnings • Feb 12Third quarter 2021 earnings released: EPS JP¥49.71 (vs JP¥48.99 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: JP¥8.36b (up 11% from 3Q 2020). Net income: JP¥2.29b (up 1.6% from 3Q 2020). Profit margin: 27% (down from 30% in 3Q 2020). The decrease in margin was driven by higher expenses. 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.
Is New 90 Day High Low • Jan 27New 90-day low: €28.60The company is down 4.0% from its price of €29.80 on 28 October 2020. The German market is up 16% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €23.90 per share.
お知らせ • Jan 07Digital Garage, Inc. to Report Q3, 2021 Results on Feb 10, 2021Digital Garage, Inc. announced that they will report Q3, 2021 results on Feb 10, 2021
Reported Earnings • Nov 15Second quarter 2021 earnings released: EPS JP¥82.07The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: JP¥11.3b (up 12% from 2Q 2020). Net income: JP¥3.78b (up 3.6% from 2Q 2020). Profit margin: 34% (down from 36% in 2Q 2020). The decrease in margin was driven by higher expenses.
Is New 90 Day High Low • Nov 11New 90-day high: €32.00The company is up 16% from its price of €27.60 on 13 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 23% over the same period.
Is New 90 Day High Low • Oct 25New 90-day high: €30.20The company is up 1.0% from its price of €29.80 on 27 July 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.72 per share.
お知らせ • Oct 04Digital Garage, Inc. to Report First Half, 2021 Results on Nov 13, 2020Digital Garage, Inc. announced that they will report first half, 2021 results on Nov 13, 2020