View ValuationTISI 将来の成長Future 基準チェック /16TISI利益と収益がそれぞれ年間7.5%と3.8%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に17% 9.3%なると予測されています。主要情報7.5%収益成長率9.26%EPS成長率IT 収益成長15.7%収益成長率3.8%将来の株主資本利益率17.02%アナリストカバレッジGood最終更新日05 Aug 2026今後の成長に関する最新情報お知らせ • Nov 01+ 1 more updateTIS Inc. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2026TIS Inc. revised consolidated earnings guidance for the Fiscal Year Ending March 31, 2026. For the fiscal year ending March 31, 2026, the company expected net sales of JPY 588,000 million, operating profit of JPY 75,000 million, profit attributable to owners of parent of JPY 50,000 million and basic earnings per share of JPY 220.70 per share compared to previous guidance of net sales of JPY 582,000 million, operating profit of JPY 73,000 million, profit attributable to owners of parent of JPY 49,000 million.すべての更新を表示Recent updatesBuy Or Sell Opportunity • Jul 31Now 22% undervaluedOver the last 90 days, the stock has risen 8.7% to €20.00. The fair value is estimated to be €25.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings are also forecast to grow by 6.5% per annum over the same time period.Valuation Update With 7 Day Price Move • Jul 30Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €21.60, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the IT industry in Germany. Total returns to shareholders of 4.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €27.15 per share.Declared Dividend • Jul 26Final dividend of JP¥45.00 announcedShareholders will receive a dividend of JP¥45.00. Ex-date: 29th September 2026 Payment date: 7th December 2026 Dividend yield will be 244%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jun 26TIS Inc. to Report Q1, 2027 Results on Jul 30, 2026TIS Inc. announced that they will report Q1, 2027 results on Jul 30, 2026Board Change • May 21Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 7 new directors. 4 experienced directors. 1 highly experienced director. 2 independent directors (6 non-independent directors). Non-Executive Chairman of the Board Toru Kuwano is the most experienced director on the board, commencing their role in 2000. Independent Outside Director Mitsuhiro Furusawa was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.お知らせ • May 08TIS Inc., Annual General Meeting, Jun 23, 2026TIS Inc., Annual General Meeting, Jun 23, 2026.お知らせ • Mar 26TIS Inc. to Report Fiscal Year 2026 Results on May 08, 2026TIS Inc. announced that they will report fiscal year 2026 results on May 08, 2026お知らせ • Mar 10TIS Inc. (TSE:3626) announces an Equity Buyback for 20,000,000 shares, representing 8.76% for ¥50,000 million.TIS Inc. (TSE:3626) announces a share repurchase program. Under the program, the company will repurchase 20,000,000 shares, representing 8.76% of the outstanding shares for ¥50,000 million. The purpose of the program is to implement a flexible capital policy that responds flexibly to changes in the business environment and to improve shareholder returns and capital efficiency. The repurchased shares up to a maximum of 5% of the total number of issued shares as treasury stock will be held by the company, and the company will cancel any shares exceeding 5%. The program will run until September 30, 2026. As of February 28, 2026, the company had 228,400,000 shares outstanding (excluding treasury stock) and 10,875,795 shares in treasury.お知らせ • Dec 25TIS Inc. to Report Nine Months, 2026 Results on Feb 03, 2026TIS Inc. announced that they will report nine months, 2026 results on Feb 03, 2026お知らせ • Nov 01+ 1 more updateTIS Inc. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2026TIS Inc. revised consolidated earnings guidance for the Fiscal Year Ending March 31, 2026. For the fiscal year ending March 31, 2026, the company expected net sales of JPY 588,000 million, operating profit of JPY 75,000 million, profit attributable to owners of parent of JPY 50,000 million and basic earnings per share of JPY 220.70 per share compared to previous guidance of net sales of JPY 582,000 million, operating profit of JPY 73,000 million, profit attributable to owners of parent of JPY 49,000 million.お知らせ • Sep 25TIS Inc. to Report First Half, 2026 Results on Oct 31, 2025TIS Inc. announced that they will report first half, 2026 results on Oct 31, 2025お知らせ • Jun 25TIS Inc. to Report Q1, 2026 Results on Jul 30, 2025TIS Inc. announced that they will report Q1, 2026 results on Jul 30, 2025お知らせ • May 08TIS Inc., Annual General Meeting, Jun 24, 2025TIS Inc., Annual General Meeting, Jun 24, 2025.お知らせ • Apr 25TIS Inc. (TSE:3626) signed a letter of intent to acquire 86.04% stake in finnovalley co., Ltd. from iRidge, Inc. (TSE:3917).TIS Inc. (TSE:3626) signed a letter of intent to acquire 86.04% stake in finnovalley co., Ltd. from iRidge, Inc. (TSE:3917) on April 25, 2025. The transaction is expected to close in June 2025.お知らせ • Mar 25TIS Inc. to Report Fiscal Year 2025 Results on May 08, 2025TIS Inc. announced that they will report fiscal year 2025 results on May 08, 2025お知らせ • Jan 24TIS Inc. (TSE:3626) acquired NTQ Solution JSC.TIS Inc. (TSE:3626) acquired NTQ Solution JSC on December 24, 2024. Naomichi Nosaka and Kensuke Nakatsuka of Lincoln International acted as financial advisor to TIS Inc. TIS Inc. (TSE:3626) completed the acquisition of NTQ Solution JSC on December 24, 2024.お知らせ • Dec 25TIS Inc. to Report Q3, 2025 Results on Feb 04, 2025TIS Inc. announced that they will report Q3, 2025 results on Feb 04, 2025Reported Earnings • Nov 02Second quarter 2025 earnings released: EPS: JP¥43.76 (vs JP¥42.22 in 2Q 2024)Second quarter 2025 results: EPS: JP¥43.76 (up from JP¥42.22 in 2Q 2024). Revenue: JP¥141.5b (up 2.5% from 2Q 2024). Net income: JP¥10.2b (flat on 2Q 2024). Profit margin: 7.2% (down from 7.4% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the IT industry in Germany. 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 3% per year, which means it is significantly lagging earnings.お知らせ • Sep 25TIS Inc. to Report First Half, 2025 Results on Oct 31, 2024TIS Inc. announced that they will report first half, 2025 results on Oct 31, 2024Upcoming Dividend • Sep 20Upcoming dividend of JP¥34.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.0%).Reported Earnings • Aug 01First quarter 2025 earnings released: EPS: JP¥45.66 (vs JP¥41.94 in 1Q 2024)First quarter 2025 results: EPS: JP¥45.66 (up from JP¥41.94 in 1Q 2024). Revenue: JP¥134.1b (up 3.6% from 1Q 2024). Net income: JP¥10.7b (up 5.2% from 1Q 2024). Profit margin: 8.0% (up from 7.8% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% 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, earnings per share has increased by 19% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Declared Dividend • Jul 11Final dividend of JP¥34.00 announcedShareholders will receive a dividend of JP¥34.00. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 197%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 23% 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 12% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jun 25TIS Inc. to Report Q1, 2025 Results on Jul 30, 2024TIS Inc. announced that they will report Q1, 2025 results on Jul 30, 2024お知らせ • May 10TIS Inc., Annual General Meeting, Jun 25, 2024TIS Inc., Annual General Meeting, Jun 25, 2024.Reported Earnings • May 09Full year 2024 earnings released: EPS: JP¥203 (vs JP¥227 in FY 2023)Full year 2024 results: EPS: JP¥203 (down from JP¥227 in FY 2023). Revenue: JP¥549.0b (up 8.0% from FY 2023). Net income: JP¥48.9b (down 12% from FY 2023). Profit margin: 8.9% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 9.0% 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 only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • May 09TIS Inc. (TSE:3626) announces an Equity Buyback for 2,500,000 shares, representing 1.06% for ¥6,500 million.TIS Inc. (TSE:3626) announces a share repurchase program. Under the program, the company will repurchase 2,500,000 shares, representing 1.06% of the outstanding shares for ¥6,200 million. The purpose of the program is to implement agile capital policies that flexibly respond to changes in the business environment and improve shareholder profits and capital efficiency. The program will run until July 31, 2024. As of March 31, 2024, the company had 236,232,177 shares outstanding (excluding treasury stock) and 1,234 shares in treasury.お知らせ • Apr 13TIS Inc. (TSE:3626) agreed to acquire an unknown stake in Meeq Co., Ltd.TIS Inc. (TSE:3626) agreed to acquire an unknown stake in Meeq Co., Ltd. on April 12, 2024.お知らせ • Mar 24TIS Inc. to Report Fiscal Year 2024 Results on May 08, 2024TIS Inc. announced that they will report fiscal year 2024 results on May 08, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥36.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (2.2%).Buy Or Sell Opportunity • Feb 27Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 10% to €20.60. The fair value is estimated to be €17.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings are forecast to decline by 1.8% per annum over the same time period.Buy Or Sell Opportunity • Feb 14Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 8.9% to €20.80. The fair value is estimated to be €16.99, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 2.7% per annum. Earnings are forecast to decline by 2.7% per annum over the same time period.Reported Earnings • Feb 04Third quarter 2024 earnings released: EPS: JP¥49.38 (vs JP¥54.90 in 3Q 2023)Third quarter 2024 results: EPS: JP¥49.38 (down from JP¥54.90 in 3Q 2023). Revenue: JP¥137.3b (up 9.7% from 3Q 2023). Net income: JP¥11.9b (down 11% from 3Q 2023). Profit margin: 8.7% (down from 11% in 3Q 2023). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the IT industry in Germany. 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 3% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 23TIS Inc. to Report Q3, 2024 Results on Feb 02, 2024TIS Inc. announced that they will report Q3, 2024 results on Feb 02, 2024Reported Earnings • Nov 02Second quarter 2024 earnings released: EPS: JP¥42.22 (vs JP¥41.28 in 2Q 2023)Second quarter 2024 results: EPS: JP¥42.22 (up from JP¥41.28 in 2Q 2023). Revenue: JP¥138.1b (up 8.5% from 2Q 2023). Net income: JP¥10.2b (flat on 2Q 2023). Profit margin: 7.4% (down from 7.9% in 2Q 2023). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 9.2% 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 only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 23TIS Inc. to Report Q2, 2024 Results on Nov 01, 2023TIS Inc. announced that they will report Q2, 2024 results on Nov 01, 2023Upcoming Dividend • Sep 21Upcoming dividend of JP¥17.00 per share at 1.6% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 11 December 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.2%).Reported Earnings • Aug 03First quarter 2024 earnings released: EPS: JP¥41.94 (vs JP¥35.31 in 1Q 2023)First quarter 2024 results: EPS: JP¥41.94 (up from JP¥35.31 in 1Q 2023). Revenue: JP¥129.4b (up 9.6% from 1Q 2023). Net income: JP¥10.1b (up 16% from 1Q 2023). Profit margin: 7.8% (up from 7.4% in 1Q 2023). Revenue is forecast to grow 3.2% 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 increased by 27% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.New Risk • Jun 26New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.5% 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: Major Risk Earnings are forecast to decline by an average of 1.2% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.お知らせ • Jun 21TIS Inc. to Report Q1, 2024 Results on Aug 02, 2023TIS Inc. announced that they will report Q1, 2024 results on Aug 02, 2023Reported Earnings • May 10Full year 2023 earnings released: EPS: JP¥227 (vs JP¥158 in FY 2022)Full year 2023 results: EPS: JP¥227 (up from JP¥158 in FY 2022). Revenue: JP¥508.4b (up 5.4% from FY 2022). Net income: JP¥55.5b (up 41% from FY 2022). Profit margin: 11% (up from 8.2% in FY 2022). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.お知らせ • May 10+ 1 more updateTIS Inc., Annual General Meeting, Jun 23, 2023TIS Inc., Annual General Meeting, Jun 23, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥32.00 per share at 1.3% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.6%).Reported Earnings • Feb 05Third quarter 2023 earnings released: EPS: JP¥54.90 (vs JP¥55.67 in 3Q 2022)Third quarter 2023 results: EPS: JP¥54.90 (down from JP¥55.67 in 3Q 2022). Revenue: JP¥125.1b (up 5.3% from 3Q 2022). Net income: JP¥13.3b (down 4.1% from 3Q 2022). Profit margin: 11% (down from 12% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% 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 • Jan 29TIS Inc. (TSE:3626) acquired Vector Management Consulting Pvt. Ltd.TIS Inc. (TSE:3626) acquired Vector Management Consulting Pvt. Ltd. on January 16, 2023. Tigmanshu Dubey, Tetsuya Fujii, Naomichi Nosaka and Sathya Ramanathan of Lincoln International acted as financial advisor to TIS Inc.TIS Inc. (TSE:3626) completed the acquisition of Vector Management Consulting Pvt. Ltd. on January 16, 2023.お知らせ • Dec 23TIS Inc. to Report Nine Months, 2023 Results on Feb 03, 2023TIS Inc. announced that they will report nine months, 2023 results on Feb 03, 2023Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent External Director Suzuki Mizukoshi was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 05Second quarter 2023 earnings released: EPS: JP¥41.28 (vs JP¥33.96 in 2Q 2022)Second quarter 2023 results: EPS: JP¥41.28 (up from JP¥33.96 in 2Q 2022). Revenue: JP¥127.2b (up 5.3% from 2Q 2022). Net income: JP¥10.1b (up 18% from 2Q 2022). Profit margin: 7.9% (up from 7.1% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 10% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 19% per year.Upcoming Dividend • Sep 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 12 December 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (1.8%).Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: JP¥35.31 (vs JP¥27.92 in 1Q 2022)First quarter 2023 results: EPS: JP¥35.31 (up from JP¥27.92 in 1Q 2022). Revenue: JP¥118.1b (up 4.0% from 1Q 2022). Net income: JP¥8.76b (up 25% from 1Q 2022). Profit margin: 7.4% (up from 6.2% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 4.7%, compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • May 19Investor sentiment improved over the past weekAfter last week's 19% share price gain to €25.40, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 24x in the IT industry in Germany. Total returns to shareholders of 83% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €29.74 per share.Reported Earnings • May 13Full year 2022 earnings released: EPS: JP¥158 (vs JP¥111 in FY 2021)Full year 2022 results: EPS: JP¥158 (up from JP¥111 in FY 2021). Revenue: JP¥482.5b (up 7.6% from FY 2021). Net income: JP¥39.5b (up 43% from FY 2021). Profit margin: 8.2% (up from 6.2% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 4.6%, compared to a 19% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 14% per year.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent External Director Suzuki Mizukoshi was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Mar 23Upcoming dividend of JP¥27.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 25 June 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (1.0%).Reported Earnings • Feb 06Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: JP¥55.67 (up from JP¥31.33 in 3Q 2021). Revenue: JP¥118.8b (up 11% from 3Q 2021). Net income: JP¥13.9b (up 77% from 3Q 2021). Profit margin: 12% (up from 7.3% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.5%. Over the next year, revenue is forecast to grow 3.8%, compared to a 17% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 06Second quarter 2022 earnings released: EPS JP¥33.96 (vs JP¥18.98 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥120.8b (up 8.9% from 2Q 2021). Net income: JP¥8.52b (up 79% from 2Q 2021). Profit margin: 7.1% (up from 4.3% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Sep 22Upcoming dividend of JP¥13.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 10 December 2021. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (0.8%).Reported Earnings • Aug 06First quarter 2022 earnings released: EPS JP¥27.92 (vs JP¥22.02 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥113.5b (up 13% from 1Q 2021). Net income: JP¥7.00b (up 27% from 1Q 2021). Profit margin: 6.2% (up from 5.5% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 15Full year 2021 earnings released: EPS JP¥111 (vs JP¥117 in FY 2020)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: JP¥448.4b (up 1.1% from FY 2020). Net income: JP¥27.7b (down 5.8% from FY 2020). Profit margin: 6.2% (down from 6.6% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 15% per year.お知らせ • May 13TIS Inc. (TSE:3626) announces an Equity Buyback for 3,200,000 shares, representing 1.27% for ¥4,470 million.TIS Inc. (TSE:3626) announces a share repurchase program. Under the program, the company will repurchase 3,200,000 shares, representing 1.27% of the outstanding shares for ¥4,470 million. The purpose of the program is to implement agile capital policies that flexibly respond to changes in the business environment and improve shareholder interests and capital efficiency. The program will run until December 30, 2021. As of March 31, 2021, the company had 252,591,138 shares outstanding and 10,776,156 shares in treasury.Upcoming Dividend • Mar 23Upcoming dividend of JP¥24.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 25 June 2021. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (1.1%).Reported Earnings • Feb 07Third quarter 2021 earnings released: EPS JP¥31.33 (vs JP¥28.53 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥106.7b (up 3.9% from 3Q 2020). Net income: JP¥7.84b (up 9.4% from 3Q 2020). Profit margin: 7.3% (up from 7.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.Analyst Estimate Surprise Post Earnings • Feb 07Revenue beats expectationsRevenue exceeded analyst estimates by 4.2%. Over the next year, revenue is forecast to grow 4.5%, compared to a 12% growth forecast for the IT industry in Germany.Is New 90 Day High Low • Feb 02New 90-day high: €18.80The company is up 16% from its price of €16.20 on 03 November 2020. The German market is also up 16% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the IT industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.16 per share.お知らせ • Dec 24TIS Inc. to Report Q3, 2021 Results on Feb 05, 2021TIS Inc. announced that they will report Q3, 2021 results on Feb 05, 2021Analyst Estimate Surprise Post Earnings • Nov 11Revenue beats expectationsRevenue exceeded analyst estimates by 0.6%. Over the next year, revenue is forecast to grow 3.7%, compared to a 9.2% growth forecast for the IT industry in Germany.Reported Earnings • Nov 11Second quarter 2021 earnings released: EPS JP¥18.98The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥110.9b (down 3.8% from 2Q 2020). Net income: JP¥4.75b (down 34% from 2Q 2020). Profit margin: 4.3% (down from 6.2% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.Is New 90 Day High Low • Nov 10New 90-day high: €18.30The company is up 6.0% from its price of €17.20 on 11 August 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 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €16.78 per share.お知らせ • Oct 06+ 1 more updateTIS Inc. (TSE:3626) completed the acquisition of an additional 24.1% stake in MFEC Public Company (SET:MFEC).TIS Inc. (TSE:3626) made an offer to acquire an additional 24.1% stake in MFEC Public Company (SET:MFEC) for approximately THB 530 million on March 6, 2020. TIS Inc. will acquire 106.4 million shares at a price of THB 5 per share. The offer price is not yet final and is still subject to adjustments. If the total number of tendered shares is less than the number of shares (106.4 million) then all tendered shares will be purchased. If the total number of tendered shares exceeds the number of shares (106.4 million) then TIS will purchase neither the entire amount nor any partial amount of the excess shares. The transaction will be financed from internal cash. Post completion, TIS Inc. will hold 49% stake in MFEC Public Company. Post completion of the offer, the offeror plans to nominate its additional representatives to hold Director position on the Board of Directors, proportionally to its shareholding stake in MFEC. Doing so, the offeror will have 2 of its representatives on the board of MFEC Public Company. Transaction is subject to approval of shareholders of MFEC Public Company to be received in a meeting to be held on April 27, 2020 and permission of Thailand’s Securities and Exchange Commission. Transaction was resolved by the Board of Directors of TIS Inc. As of April 27, 2020, the transaction was approved by the shareholders of MFEC Public Company. As of July 8, 2020, the transaction has been approved by Thai Securities and Exchange Commission. All conditions required have been met. As of September 25, 2020, Board of MFEC Public Company rejected the bid on the grounds of inadequate offer price of THB 5 per share which is lower than the fair value of MFEC’s ordinary shares at THB 6.32 per share. Tender offer period will be determined later. The tender offer period will run from July 23, 2020 to September 28, 2020. As on August 20, 2020, the offer period was increased and it will run till September 30, 2020. Capital Nomura Securities Public Company Limited acted as tender offer preparer and Nishimura & Asahi (Thailand) Company Limited acted as legal advisor to TIS Inc in the transaction. Capital Link Advisory Co., Ltd. acted as a financial advisor to shareholders of MFEC. TIS Inc. (TSE:3626) completed the acquisition of an additional 24.1% stake in MFEC Public Company (SET:MFEC) on September 30, 2020. TIS Inc. had tendered 112.012 million shares at the expiration of offer and acquired 106.39 million shares. Now TIS Inc. hold 49% stake in MFEC Public Company Limited.お知らせ • Sep 27TIS Inc. to Report Q2, 2021 Results on Nov 10, 2020TIS Inc. announced that they will report Q2, 2021 results on Nov 10, 2020お知らせ • Aug 28Aspera GmbH acquired AJS Inc. from TIS Inc. (TSE:3626) and Asahi Kasei Corporation (TSE:3407).Aspera GmbH acquired AJS Inc. from TIS Inc. (TSE:3626) and Asahi Kasei Corporation (TSE:3407) on August 27, 2020. Aspera GmbH completed the acquisition of AJS Inc. from TIS Inc. (TSE:3626) and Asahi Kasei Corporation (TSE:3407) on August 27, 2020.業績と収益の成長予測DB:4HO - アナリストの将来予測と過去の財務データ ( )JPY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/2029675,14162,30154,990N/A113/31/2028648,88458,68951,049N/A123/31/2027622,85457,51145,991N/A126/30/2026606,27448,513N/AN/AN/A3/31/2026596,47946,62453,43081,447N/A12/31/2025591,37753,734N/AN/AN/A9/30/2025584,65452,89843,13970,324N/A6/30/2025577,94851,853N/AN/AN/A3/31/2025571,68750,01238,33663,748N/A12/31/2024560,82151,157N/AN/AN/A9/30/2024557,07449,40647,48371,965N/A6/30/2024553,63049,405N/AN/AN/A3/31/2024549,00448,87343,64762,578N/A12/31/2023542,76255,493N/AN/AN/A9/30/2023530,58356,93437,20549,608N/A6/30/2023519,75756,845N/AN/AN/A3/31/2023508,40055,46123,25233,634N/A12/31/2022499,79642,206N/AN/AN/A9/30/2022493,52042,77530,26539,560N/A6/30/2022487,09941,223N/AN/AN/A3/31/2022482,54739,46240,84756,126N/A12/31/2021483,48338,985N/AN/AN/A9/30/2021471,40732,93620,75943,762N/A6/30/2021461,50429,167N/AN/AN/A3/31/2021448,38327,69211,82233,345N/A12/31/2020442,74127,096N/AN/AN/A9/30/2020438,72926,42216,17132,744N/A6/30/2020443,12628,832N/AN/AN/A3/31/2020443,71729,411N/A38,569N/A12/31/2019436,81729,491N/AN/AN/A9/30/2019434,03528,608N/A26,636N/A6/30/2019425,29227,809N/AN/AN/A3/31/2019420,76926,034N/A37,558N/A12/31/2018419,58824,139N/AN/AN/A9/30/2018413,86522,710N/A41,977N/A6/30/2018410,33721,257N/AN/AN/A3/31/2018405,64820,620N/A36,386N/A12/31/2017401,71118,515N/AN/AN/A9/30/2017399,18819,227N/A36,154N/A6/30/2017396,04817,243N/AN/AN/A3/31/2017393,39816,306N/A18,952N/A12/31/2016392,80216,816N/AN/AN/A9/30/2016389,02912,758N/A23,875N/A6/30/2016386,16413,476N/AN/AN/A3/31/2016382,68912,678N/A25,496N/A12/31/2015376,73312,522N/AN/AN/A9/30/2015370,85711,987N/A19,066N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 4HOの予測収益成長率 (年間7.5% ) は 貯蓄率 ( 2.1% ) を上回っています。収益対市場: 4HOの収益 ( 7.5% ) German市場 ( 15.3% ) よりも低い成長が予測されています。高成長収益: 4HOの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 4HOの収益 ( 3.8% ) German市場 ( 6.8% ) よりも低い成長が予測されています。高い収益成長: 4HOの収益 ( 3.8% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 4HOの 自己資本利益率 は、3年後には低くなると予測されています ( 17 %)。成長企業の発掘7D1Y7D1Y7D1YSoftware 業界の高成長企業。View Past Performance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2026/08/17 13:14終値2026/08/14 00:00収益2026/06/30年間収益2026/03/31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この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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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TISI Inc. 12 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。22 アナリスト機関Yuki KanekoBofA Global ResearchMoriya KoketsuCitigroup IncMakoto UenoDaiwa Securities Co. Ltd.19 その他のアナリストを表示
お知らせ • Nov 01+ 1 more updateTIS Inc. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2026TIS Inc. revised consolidated earnings guidance for the Fiscal Year Ending March 31, 2026. For the fiscal year ending March 31, 2026, the company expected net sales of JPY 588,000 million, operating profit of JPY 75,000 million, profit attributable to owners of parent of JPY 50,000 million and basic earnings per share of JPY 220.70 per share compared to previous guidance of net sales of JPY 582,000 million, operating profit of JPY 73,000 million, profit attributable to owners of parent of JPY 49,000 million.
Buy Or Sell Opportunity • Jul 31Now 22% undervaluedOver the last 90 days, the stock has risen 8.7% to €20.00. The fair value is estimated to be €25.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings are also forecast to grow by 6.5% per annum over the same time period.
Valuation Update With 7 Day Price Move • Jul 30Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €21.60, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the IT industry in Germany. Total returns to shareholders of 4.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €27.15 per share.
Declared Dividend • Jul 26Final dividend of JP¥45.00 announcedShareholders will receive a dividend of JP¥45.00. Ex-date: 29th September 2026 Payment date: 7th December 2026 Dividend yield will be 244%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 26TIS Inc. to Report Q1, 2027 Results on Jul 30, 2026TIS Inc. announced that they will report Q1, 2027 results on Jul 30, 2026
Board Change • May 21Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 7 new directors. 4 experienced directors. 1 highly experienced director. 2 independent directors (6 non-independent directors). Non-Executive Chairman of the Board Toru Kuwano is the most experienced director on the board, commencing their role in 2000. Independent Outside Director Mitsuhiro Furusawa was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
お知らせ • May 08TIS Inc., Annual General Meeting, Jun 23, 2026TIS Inc., Annual General Meeting, Jun 23, 2026.
お知らせ • Mar 26TIS Inc. to Report Fiscal Year 2026 Results on May 08, 2026TIS Inc. announced that they will report fiscal year 2026 results on May 08, 2026
お知らせ • Mar 10TIS Inc. (TSE:3626) announces an Equity Buyback for 20,000,000 shares, representing 8.76% for ¥50,000 million.TIS Inc. (TSE:3626) announces a share repurchase program. Under the program, the company will repurchase 20,000,000 shares, representing 8.76% of the outstanding shares for ¥50,000 million. The purpose of the program is to implement a flexible capital policy that responds flexibly to changes in the business environment and to improve shareholder returns and capital efficiency. The repurchased shares up to a maximum of 5% of the total number of issued shares as treasury stock will be held by the company, and the company will cancel any shares exceeding 5%. The program will run until September 30, 2026. As of February 28, 2026, the company had 228,400,000 shares outstanding (excluding treasury stock) and 10,875,795 shares in treasury.
お知らせ • Dec 25TIS Inc. to Report Nine Months, 2026 Results on Feb 03, 2026TIS Inc. announced that they will report nine months, 2026 results on Feb 03, 2026
お知らせ • Nov 01+ 1 more updateTIS Inc. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2026TIS Inc. revised consolidated earnings guidance for the Fiscal Year Ending March 31, 2026. For the fiscal year ending March 31, 2026, the company expected net sales of JPY 588,000 million, operating profit of JPY 75,000 million, profit attributable to owners of parent of JPY 50,000 million and basic earnings per share of JPY 220.70 per share compared to previous guidance of net sales of JPY 582,000 million, operating profit of JPY 73,000 million, profit attributable to owners of parent of JPY 49,000 million.
お知らせ • Sep 25TIS Inc. to Report First Half, 2026 Results on Oct 31, 2025TIS Inc. announced that they will report first half, 2026 results on Oct 31, 2025
お知らせ • Jun 25TIS Inc. to Report Q1, 2026 Results on Jul 30, 2025TIS Inc. announced that they will report Q1, 2026 results on Jul 30, 2025
お知らせ • May 08TIS Inc., Annual General Meeting, Jun 24, 2025TIS Inc., Annual General Meeting, Jun 24, 2025.
お知らせ • Apr 25TIS Inc. (TSE:3626) signed a letter of intent to acquire 86.04% stake in finnovalley co., Ltd. from iRidge, Inc. (TSE:3917).TIS Inc. (TSE:3626) signed a letter of intent to acquire 86.04% stake in finnovalley co., Ltd. from iRidge, Inc. (TSE:3917) on April 25, 2025. The transaction is expected to close in June 2025.
お知らせ • Mar 25TIS Inc. to Report Fiscal Year 2025 Results on May 08, 2025TIS Inc. announced that they will report fiscal year 2025 results on May 08, 2025
お知らせ • Jan 24TIS Inc. (TSE:3626) acquired NTQ Solution JSC.TIS Inc. (TSE:3626) acquired NTQ Solution JSC on December 24, 2024. Naomichi Nosaka and Kensuke Nakatsuka of Lincoln International acted as financial advisor to TIS Inc. TIS Inc. (TSE:3626) completed the acquisition of NTQ Solution JSC on December 24, 2024.
お知らせ • Dec 25TIS Inc. to Report Q3, 2025 Results on Feb 04, 2025TIS Inc. announced that they will report Q3, 2025 results on Feb 04, 2025
Reported Earnings • Nov 02Second quarter 2025 earnings released: EPS: JP¥43.76 (vs JP¥42.22 in 2Q 2024)Second quarter 2025 results: EPS: JP¥43.76 (up from JP¥42.22 in 2Q 2024). Revenue: JP¥141.5b (up 2.5% from 2Q 2024). Net income: JP¥10.2b (flat on 2Q 2024). Profit margin: 7.2% (down from 7.4% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the IT industry in Germany. 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 3% per year, which means it is significantly lagging earnings.
お知らせ • Sep 25TIS Inc. to Report First Half, 2025 Results on Oct 31, 2024TIS Inc. announced that they will report first half, 2025 results on Oct 31, 2024
Upcoming Dividend • Sep 20Upcoming dividend of JP¥34.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.0%).
Reported Earnings • Aug 01First quarter 2025 earnings released: EPS: JP¥45.66 (vs JP¥41.94 in 1Q 2024)First quarter 2025 results: EPS: JP¥45.66 (up from JP¥41.94 in 1Q 2024). Revenue: JP¥134.1b (up 3.6% from 1Q 2024). Net income: JP¥10.7b (up 5.2% from 1Q 2024). Profit margin: 8.0% (up from 7.8% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% 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, earnings per share has increased by 19% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Declared Dividend • Jul 11Final dividend of JP¥34.00 announcedShareholders will receive a dividend of JP¥34.00. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 197%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 23% 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 12% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 25TIS Inc. to Report Q1, 2025 Results on Jul 30, 2024TIS Inc. announced that they will report Q1, 2025 results on Jul 30, 2024
お知らせ • May 10TIS Inc., Annual General Meeting, Jun 25, 2024TIS Inc., Annual General Meeting, Jun 25, 2024.
Reported Earnings • May 09Full year 2024 earnings released: EPS: JP¥203 (vs JP¥227 in FY 2023)Full year 2024 results: EPS: JP¥203 (down from JP¥227 in FY 2023). Revenue: JP¥549.0b (up 8.0% from FY 2023). Net income: JP¥48.9b (down 12% from FY 2023). Profit margin: 8.9% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 9.0% 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 only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • May 09TIS Inc. (TSE:3626) announces an Equity Buyback for 2,500,000 shares, representing 1.06% for ¥6,500 million.TIS Inc. (TSE:3626) announces a share repurchase program. Under the program, the company will repurchase 2,500,000 shares, representing 1.06% of the outstanding shares for ¥6,200 million. The purpose of the program is to implement agile capital policies that flexibly respond to changes in the business environment and improve shareholder profits and capital efficiency. The program will run until July 31, 2024. As of March 31, 2024, the company had 236,232,177 shares outstanding (excluding treasury stock) and 1,234 shares in treasury.
お知らせ • Apr 13TIS Inc. (TSE:3626) agreed to acquire an unknown stake in Meeq Co., Ltd.TIS Inc. (TSE:3626) agreed to acquire an unknown stake in Meeq Co., Ltd. on April 12, 2024.
お知らせ • Mar 24TIS Inc. to Report Fiscal Year 2024 Results on May 08, 2024TIS Inc. announced that they will report fiscal year 2024 results on May 08, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥36.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (2.2%).
Buy Or Sell Opportunity • Feb 27Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 10% to €20.60. The fair value is estimated to be €17.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings are forecast to decline by 1.8% per annum over the same time period.
Buy Or Sell Opportunity • Feb 14Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 8.9% to €20.80. The fair value is estimated to be €16.99, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 2.7% per annum. Earnings are forecast to decline by 2.7% per annum over the same time period.
Reported Earnings • Feb 04Third quarter 2024 earnings released: EPS: JP¥49.38 (vs JP¥54.90 in 3Q 2023)Third quarter 2024 results: EPS: JP¥49.38 (down from JP¥54.90 in 3Q 2023). Revenue: JP¥137.3b (up 9.7% from 3Q 2023). Net income: JP¥11.9b (down 11% from 3Q 2023). Profit margin: 8.7% (down from 11% in 3Q 2023). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the IT industry in Germany. 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 3% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 23TIS Inc. to Report Q3, 2024 Results on Feb 02, 2024TIS Inc. announced that they will report Q3, 2024 results on Feb 02, 2024
Reported Earnings • Nov 02Second quarter 2024 earnings released: EPS: JP¥42.22 (vs JP¥41.28 in 2Q 2023)Second quarter 2024 results: EPS: JP¥42.22 (up from JP¥41.28 in 2Q 2023). Revenue: JP¥138.1b (up 8.5% from 2Q 2023). Net income: JP¥10.2b (flat on 2Q 2023). Profit margin: 7.4% (down from 7.9% in 2Q 2023). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 9.2% 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 only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 23TIS Inc. to Report Q2, 2024 Results on Nov 01, 2023TIS Inc. announced that they will report Q2, 2024 results on Nov 01, 2023
Upcoming Dividend • Sep 21Upcoming dividend of JP¥17.00 per share at 1.6% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 11 December 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.2%).
Reported Earnings • Aug 03First quarter 2024 earnings released: EPS: JP¥41.94 (vs JP¥35.31 in 1Q 2023)First quarter 2024 results: EPS: JP¥41.94 (up from JP¥35.31 in 1Q 2023). Revenue: JP¥129.4b (up 9.6% from 1Q 2023). Net income: JP¥10.1b (up 16% from 1Q 2023). Profit margin: 7.8% (up from 7.4% in 1Q 2023). Revenue is forecast to grow 3.2% 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 increased by 27% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
New Risk • Jun 26New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.5% 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: Major Risk Earnings are forecast to decline by an average of 1.2% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
お知らせ • Jun 21TIS Inc. to Report Q1, 2024 Results on Aug 02, 2023TIS Inc. announced that they will report Q1, 2024 results on Aug 02, 2023
Reported Earnings • May 10Full year 2023 earnings released: EPS: JP¥227 (vs JP¥158 in FY 2022)Full year 2023 results: EPS: JP¥227 (up from JP¥158 in FY 2022). Revenue: JP¥508.4b (up 5.4% from FY 2022). Net income: JP¥55.5b (up 41% from FY 2022). Profit margin: 11% (up from 8.2% in FY 2022). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
お知らせ • May 10+ 1 more updateTIS Inc., Annual General Meeting, Jun 23, 2023TIS Inc., Annual General Meeting, Jun 23, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥32.00 per share at 1.3% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.6%).
Reported Earnings • Feb 05Third quarter 2023 earnings released: EPS: JP¥54.90 (vs JP¥55.67 in 3Q 2022)Third quarter 2023 results: EPS: JP¥54.90 (down from JP¥55.67 in 3Q 2022). Revenue: JP¥125.1b (up 5.3% from 3Q 2022). Net income: JP¥13.3b (down 4.1% from 3Q 2022). Profit margin: 11% (down from 12% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% 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 • Jan 29TIS Inc. (TSE:3626) acquired Vector Management Consulting Pvt. Ltd.TIS Inc. (TSE:3626) acquired Vector Management Consulting Pvt. Ltd. on January 16, 2023. Tigmanshu Dubey, Tetsuya Fujii, Naomichi Nosaka and Sathya Ramanathan of Lincoln International acted as financial advisor to TIS Inc.TIS Inc. (TSE:3626) completed the acquisition of Vector Management Consulting Pvt. Ltd. on January 16, 2023.
お知らせ • Dec 23TIS Inc. to Report Nine Months, 2023 Results on Feb 03, 2023TIS Inc. announced that they will report nine months, 2023 results on Feb 03, 2023
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent External Director Suzuki Mizukoshi was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 05Second quarter 2023 earnings released: EPS: JP¥41.28 (vs JP¥33.96 in 2Q 2022)Second quarter 2023 results: EPS: JP¥41.28 (up from JP¥33.96 in 2Q 2022). Revenue: JP¥127.2b (up 5.3% from 2Q 2022). Net income: JP¥10.1b (up 18% from 2Q 2022). Profit margin: 7.9% (up from 7.1% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 10% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 19% per year.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 12 December 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (1.8%).
Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: JP¥35.31 (vs JP¥27.92 in 1Q 2022)First quarter 2023 results: EPS: JP¥35.31 (up from JP¥27.92 in 1Q 2022). Revenue: JP¥118.1b (up 4.0% from 1Q 2022). Net income: JP¥8.76b (up 25% from 1Q 2022). Profit margin: 7.4% (up from 6.2% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 4.7%, compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • May 19Investor sentiment improved over the past weekAfter last week's 19% share price gain to €25.40, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 24x in the IT industry in Germany. Total returns to shareholders of 83% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €29.74 per share.
Reported Earnings • May 13Full year 2022 earnings released: EPS: JP¥158 (vs JP¥111 in FY 2021)Full year 2022 results: EPS: JP¥158 (up from JP¥111 in FY 2021). Revenue: JP¥482.5b (up 7.6% from FY 2021). Net income: JP¥39.5b (up 43% from FY 2021). Profit margin: 8.2% (up from 6.2% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 4.6%, compared to a 19% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 14% per year.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent External Director Suzuki Mizukoshi was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥27.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 25 June 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (1.0%).
Reported Earnings • Feb 06Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: JP¥55.67 (up from JP¥31.33 in 3Q 2021). Revenue: JP¥118.8b (up 11% from 3Q 2021). Net income: JP¥13.9b (up 77% from 3Q 2021). Profit margin: 12% (up from 7.3% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.5%. Over the next year, revenue is forecast to grow 3.8%, compared to a 17% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 06Second quarter 2022 earnings released: EPS JP¥33.96 (vs JP¥18.98 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥120.8b (up 8.9% from 2Q 2021). Net income: JP¥8.52b (up 79% from 2Q 2021). Profit margin: 7.1% (up from 4.3% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥13.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 10 December 2021. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (0.8%).
Reported Earnings • Aug 06First quarter 2022 earnings released: EPS JP¥27.92 (vs JP¥22.02 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥113.5b (up 13% from 1Q 2021). Net income: JP¥7.00b (up 27% from 1Q 2021). Profit margin: 6.2% (up from 5.5% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 15Full year 2021 earnings released: EPS JP¥111 (vs JP¥117 in FY 2020)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: JP¥448.4b (up 1.1% from FY 2020). Net income: JP¥27.7b (down 5.8% from FY 2020). Profit margin: 6.2% (down from 6.6% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 15% per year.
お知らせ • May 13TIS Inc. (TSE:3626) announces an Equity Buyback for 3,200,000 shares, representing 1.27% for ¥4,470 million.TIS Inc. (TSE:3626) announces a share repurchase program. Under the program, the company will repurchase 3,200,000 shares, representing 1.27% of the outstanding shares for ¥4,470 million. The purpose of the program is to implement agile capital policies that flexibly respond to changes in the business environment and improve shareholder interests and capital efficiency. The program will run until December 30, 2021. As of March 31, 2021, the company had 252,591,138 shares outstanding and 10,776,156 shares in treasury.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥24.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 25 June 2021. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (1.1%).
Reported Earnings • Feb 07Third quarter 2021 earnings released: EPS JP¥31.33 (vs JP¥28.53 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥106.7b (up 3.9% from 3Q 2020). Net income: JP¥7.84b (up 9.4% from 3Q 2020). Profit margin: 7.3% (up from 7.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
Analyst Estimate Surprise Post Earnings • Feb 07Revenue beats expectationsRevenue exceeded analyst estimates by 4.2%. Over the next year, revenue is forecast to grow 4.5%, compared to a 12% growth forecast for the IT industry in Germany.
Is New 90 Day High Low • Feb 02New 90-day high: €18.80The company is up 16% from its price of €16.20 on 03 November 2020. The German market is also up 16% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the IT industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.16 per share.
お知らせ • Dec 24TIS Inc. to Report Q3, 2021 Results on Feb 05, 2021TIS Inc. announced that they will report Q3, 2021 results on Feb 05, 2021
Analyst Estimate Surprise Post Earnings • Nov 11Revenue beats expectationsRevenue exceeded analyst estimates by 0.6%. Over the next year, revenue is forecast to grow 3.7%, compared to a 9.2% growth forecast for the IT industry in Germany.
Reported Earnings • Nov 11Second quarter 2021 earnings released: EPS JP¥18.98The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥110.9b (down 3.8% from 2Q 2020). Net income: JP¥4.75b (down 34% from 2Q 2020). Profit margin: 4.3% (down from 6.2% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
Is New 90 Day High Low • Nov 10New 90-day high: €18.30The company is up 6.0% from its price of €17.20 on 11 August 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 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €16.78 per share.
お知らせ • Oct 06+ 1 more updateTIS Inc. (TSE:3626) completed the acquisition of an additional 24.1% stake in MFEC Public Company (SET:MFEC).TIS Inc. (TSE:3626) made an offer to acquire an additional 24.1% stake in MFEC Public Company (SET:MFEC) for approximately THB 530 million on March 6, 2020. TIS Inc. will acquire 106.4 million shares at a price of THB 5 per share. The offer price is not yet final and is still subject to adjustments. If the total number of tendered shares is less than the number of shares (106.4 million) then all tendered shares will be purchased. If the total number of tendered shares exceeds the number of shares (106.4 million) then TIS will purchase neither the entire amount nor any partial amount of the excess shares. The transaction will be financed from internal cash. Post completion, TIS Inc. will hold 49% stake in MFEC Public Company. Post completion of the offer, the offeror plans to nominate its additional representatives to hold Director position on the Board of Directors, proportionally to its shareholding stake in MFEC. Doing so, the offeror will have 2 of its representatives on the board of MFEC Public Company. Transaction is subject to approval of shareholders of MFEC Public Company to be received in a meeting to be held on April 27, 2020 and permission of Thailand’s Securities and Exchange Commission. Transaction was resolved by the Board of Directors of TIS Inc. As of April 27, 2020, the transaction was approved by the shareholders of MFEC Public Company. As of July 8, 2020, the transaction has been approved by Thai Securities and Exchange Commission. All conditions required have been met. As of September 25, 2020, Board of MFEC Public Company rejected the bid on the grounds of inadequate offer price of THB 5 per share which is lower than the fair value of MFEC’s ordinary shares at THB 6.32 per share. Tender offer period will be determined later. The tender offer period will run from July 23, 2020 to September 28, 2020. As on August 20, 2020, the offer period was increased and it will run till September 30, 2020. Capital Nomura Securities Public Company Limited acted as tender offer preparer and Nishimura & Asahi (Thailand) Company Limited acted as legal advisor to TIS Inc in the transaction. Capital Link Advisory Co., Ltd. acted as a financial advisor to shareholders of MFEC. TIS Inc. (TSE:3626) completed the acquisition of an additional 24.1% stake in MFEC Public Company (SET:MFEC) on September 30, 2020. TIS Inc. had tendered 112.012 million shares at the expiration of offer and acquired 106.39 million shares. Now TIS Inc. hold 49% stake in MFEC Public Company Limited.
お知らせ • Sep 27TIS Inc. to Report Q2, 2021 Results on Nov 10, 2020TIS Inc. announced that they will report Q2, 2021 results on Nov 10, 2020
お知らせ • Aug 28Aspera GmbH acquired AJS Inc. from TIS Inc. (TSE:3626) and Asahi Kasei Corporation (TSE:3407).Aspera GmbH acquired AJS Inc. from TIS Inc. (TSE:3626) and Asahi Kasei Corporation (TSE:3407) on August 27, 2020. Aspera GmbH completed the acquisition of AJS Inc. from TIS Inc. (TSE:3626) and Asahi Kasei Corporation (TSE:3407) on August 27, 2020.