View Past PerformanceFuture バランスシートの健全性財務の健全性 基準チェック /56Futureの総株主資本は¥63.4B 、総負債は¥14.3Bで、負債比率は22.5%となります。総資産と総負債はそれぞれ¥94.0Bと¥30.7Bです。 Futureの EBIT は¥16.3Bで、利息カバレッジ比率-77.5です。現金および短期投資は¥28.0Bです。主要情報22.55%負債資本比率JP¥14.29b負債インタレスト・カバレッジ・レシオ-77.5x現金JP¥28.03bエクイティJP¥63.36b負債合計JP¥30.66b総資産JP¥94.02b財務の健全性に関する最新情報お知らせ • Jun 01Future Architect Ordinary Shares Deleted from Other OTCFuture Corporation (Future Architect Inc.) Ordinary Shares (Japan) deleted from Other OTC effective May 31, 2022. The deletion is due to Inactive Security.すべての更新を表示Recent updatesReported Earnings • Apr 29First quarter 2026 earnings released: EPS: JP¥26.58 (vs JP¥22.53 in 1Q 2025)First quarter 2026 results: EPS: JP¥26.58 (up from JP¥22.53 in 1Q 2025). Revenue: JP¥18.3b (up 5.4% from 1Q 2025). Net income: JP¥2.36b (up 18% from 1Q 2025). Profit margin: 13% (up from 12% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the IT 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 fallen by 8% per year, which means it is significantly lagging earnings.お知らせ • Apr 21Future Corporation to Report Q1, 2026 Results on Apr 28, 2026Future Corporation announced that they will report Q1, 2026 results on Apr 28, 2026Declared Dividend • Apr 12Final dividend of JP¥24.00 announcedShareholders will receive a dividend of JP¥24.00. Ex-date: 29th June 2026 Payment date: 16th September 2026 Dividend yield will be 277%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (35% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 18% 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 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 08Full year 2025 earnings released: EPS: JP¥132 (vs JP¥116 in FY 2024)Full year 2025 results: EPS: JP¥132 (up from JP¥116 in FY 2024). Revenue: JP¥76.0b (up 8.8% from FY 2024). Net income: JP¥11.7b (up 14% from FY 2024). Profit margin: 15% (in line with FY 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.お知らせ • Feb 06Future Corporation, Annual General Meeting, Mar 26, 2026Future Corporation, Annual General Meeting, Mar 26, 2026.お知らせ • Jan 07Future Corporation to Report Fiscal Year 2025 Results on Feb 05, 2026Future Corporation announced that they will report fiscal year 2025 results on Feb 05, 2026Upcoming Dividend • Dec 22Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 26 March 2026. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.5%). In line with average of industry peers (2.2%).Reported Earnings • Oct 23Third quarter 2025 earnings released: EPS: JP¥37.73 (vs JP¥35.45 in 3Q 2024)Third quarter 2025 results: EPS: JP¥37.73 (up from JP¥35.45 in 3Q 2024). Revenue: JP¥19.6b (up 3.6% from 3Q 2024). Net income: JP¥3.35b (up 6.5% from 3Q 2024). Profit margin: 17% (in line with 3Q 2024). Revenue is forecast to grow 12% 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, earnings per share has increased by 5% per year and the company’s share price has also increased by 5% per year.お知らせ • Sep 27Future Corporation to Report Q3, 2025 Results on Oct 22, 2025Future Corporation announced that they will report Q3, 2025 results on Oct 22, 2025Declared Dividend • Sep 17First half dividend of JP¥23.00 announcedShareholders will receive a dividend of JP¥23.00. Ex-date: 29th December 2025 Payment date: 26th March 2026 Dividend yield will be 179%, 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 (40% cash payout ratio). The dividend has increased by an average of 19% 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 49% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jul 25Second quarter 2025 earnings released: EPS: JP¥29.04 (vs JP¥30.19 in 2Q 2024)Second quarter 2025 results: EPS: JP¥29.04 (down from JP¥30.19 in 2Q 2024). Revenue: JP¥18.3b (up 2.2% from 2Q 2024). Net income: JP¥2.57b (down 3.8% from 2Q 2024). Profit margin: 14% (in line with 2Q 2024). Revenue is forecast to grow 11% 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, earnings per share has increased by 6% per year whereas the company’s share price has increased by 3% per year.Buy Or Sell Opportunity • Jul 22Now 21% undervaluedOver the last 90 days, the stock has risen 17% to €12.70. The fair value is estimated to be €15.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 7.9%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 36% in the next 2 years.Buy Or Sell Opportunity • Jul 03Now 20% undervaluedOver the last 90 days, the stock has risen 20% to €13.20. The fair value is estimated to be €16.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 7.9%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 36% in the next 2 years.Upcoming Dividend • Jun 20Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 17 September 2025. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (2.4%).お知らせ • Jun 19Future Corporation to Report Q2, 2025 Results on Jul 23, 2025Future Corporation announced that they will report Q2, 2025 results on Jul 23, 2025Reported Earnings • Apr 24First quarter 2025 earnings released: EPS: JP¥22.53 (vs JP¥24.71 in 1Q 2024)First quarter 2025 results: EPS: JP¥22.53 (down from JP¥24.71 in 1Q 2024). Revenue: JP¥17.3b (up 15% from 1Q 2024). Net income: JP¥2.00b (down 8.8% from 1Q 2024). Profit margin: 12% (down from 15% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Declared Dividend • Apr 11Final dividend of JP¥23.00 announcedShareholders will receive a dividend of JP¥23.00. Ex-date: 27th June 2025 Payment date: 17th September 2025 Dividend yield will be 210%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 19% 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 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Mar 20Future Corporation to Report Q1, 2025 Results on Apr 23, 2025Future Corporation announced that they will report Q1, 2025 results on Apr 23, 2025Reported Earnings • Feb 05Full year 2024 earnings released: EPS: JP¥116 (vs JP¥104 in FY 2023)Full year 2024 results: EPS: JP¥116 (up from JP¥104 in FY 2023). Revenue: JP¥69.9b (up 18% from FY 2023). Net income: JP¥10.3b (up 12% from FY 2023). Profit margin: 15% (in line with FY 2023). Revenue is forecast to grow 8.9% 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, earnings per share has increased by 11% 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 • Feb 04Future Corporation, Annual General Meeting, Mar 25, 2025Future Corporation, Annual General Meeting, Mar 25, 2025.Upcoming Dividend • Dec 20Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 28 March 2025. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.2%).お知らせ • Dec 03Future Corporation to Report Fiscal Year 2024 Results on Feb 04, 2025Future Corporation announced that they will report fiscal year 2024 results on Feb 04, 2025Reported Earnings • Oct 24Third quarter 2024 earnings released: EPS: JP¥35.45 (vs JP¥31.61 in 3Q 2023)Third quarter 2024 results: EPS: JP¥35.45 (up from JP¥31.61 in 3Q 2023). Revenue: JP¥19.0b (up 19% from 3Q 2023). Net income: JP¥3.14b (up 12% from 3Q 2023). Profit margin: 17% (in line with 3Q 2023). Revenue is forecast to grow 11% 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 14% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.お知らせ • Oct 11Future Corporation to Report Q3, 2024 Results on Oct 23, 2024Future Corporation announced that they will report Q3, 2024 results on Oct 23, 2024Reported Earnings • Jul 25Second quarter 2024 earnings released: EPS: JP¥30.19 (vs JP¥24.03 in 2Q 2023)Second quarter 2024 results: EPS: JP¥30.19 (up from JP¥24.03 in 2Q 2023). Revenue: JP¥17.9b (up 25% from 2Q 2023). Net income: JP¥2.68b (up 26% from 2Q 2023). Profit margin: 15% (in line with 2Q 2023). Revenue is forecast to grow 13% 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 only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 02Future Corporation to Report Q2, 2024 Results on Jul 23, 2024Future Corporation announced that they will report Q2, 2024 results on Jul 23, 2024Reported Earnings • Apr 25First quarter 2024 earnings released: EPS: JP¥24.71 (vs JP¥24.74 in 1Q 2023)First quarter 2024 results: EPS: JP¥24.71 (down from JP¥24.74 in 1Q 2023). Revenue: JP¥15.0b (up 7.6% from 1Q 2023). Net income: JP¥2.19b (flat on 1Q 2023). Profit margin: 15% (down from 16% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 8.6% 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 12% per year, which means it is significantly lagging earnings growth.Declared Dividend • Apr 11Final dividend of JP¥21.00 announcedShareholders will receive a dividend of JP¥21.00. Ex-date: 27th June 2024 Payment date: 17th September 2024 Dividend yield will be 192%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (61% cash payout ratio). The dividend has increased by an average of 19% 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 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Feb 24Future Corporation to Report Q1, 2024 Results on Apr 24, 2024Future Corporation announced that they will report Q1, 2024 results on Apr 24, 2024お知らせ • Feb 10Future Corporation, Annual General Meeting, Mar 27, 2024Future Corporation, Annual General Meeting, Mar 27, 2024.Reported Earnings • Feb 08Full year 2023 earnings released: EPS: JP¥104 (vs JP¥104 in FY 2022)Full year 2023 results: EPS: JP¥104 (down from JP¥104 in FY 2022). Revenue: JP¥59.3b (up 10% from FY 2022). Net income: JP¥9.22b (flat on FY 2022). Profit margin: 16% (down from 17% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.3% 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 increased by 29% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 21Upcoming dividend of JP¥20.00 per share at 2.4% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 24 March 2024. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (2.1%).お知らせ • Dec 05Future Corporation to Report Fiscal Year 2023 Results on Feb 06, 2024Future Corporation announced that they will report fiscal year 2023 results on Feb 06, 2024Valuation Update With 7 Day Price Move • Nov 01Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €10.60, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the IT industry in Germany. Total returns to shareholders of 59% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €18.09 per share.Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: JP¥31.61 (vs JP¥30.24 in 3Q 2022)Third quarter 2023 results: EPS: JP¥31.61 (up from JP¥30.24 in 3Q 2022). Revenue: JP¥15.9b (up 16% from 3Q 2022). Net income: JP¥2.80b (up 4.6% from 3Q 2022). Profit margin: 18% (down from 20% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.6% 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 32% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 27Future Corporation to Report Q3, 2023 Results on Oct 25, 2023Future Corporation announced that they will report Q3, 2023 results on Oct 25, 2023Valuation Update With 7 Day Price Move • Aug 03Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €9.45, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the IT industry in Germany. Total returns to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €14.73 per share.Reported Earnings • Jul 28Second quarter 2023 earnings released: EPS: JP¥24.03 (vs JP¥24.07 in 2Q 2022)Second quarter 2023 results: EPS: JP¥24.03 (down from JP¥24.07 in 2Q 2022). Revenue: JP¥14.4b (up 7.8% from 2Q 2022). Net income: JP¥2.13b (flat on 2Q 2022). Profit margin: 15% (down from 16% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 28Future Corporation to Report Q2, 2023 Results on Jul 27, 2023Future Corporation announced that they will report Q2, 2023 results on Jul 27, 2023Upcoming Dividend • Jun 22Upcoming dividend of JP¥20.00 per share at 2.2% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 19 September 2023. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (2.2%).Buying Opportunity • Apr 21Now 21% undervaluedOver the last 90 days, the stock is up 9.6%. The fair value is estimated to be €15.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Earnings per share has grown by 30%. For the next 3 years, revenue is forecast to grow by 8.7% per annum. Earnings is also forecast to grow by 11% per annum over the same time period.Reported Earnings • Mar 28Full year 2022 earnings released: EPS: JP¥104 (vs JP¥71.96 in FY 2021)Full year 2022 results: EPS: JP¥104 (up from JP¥71.96 in FY 2021). Revenue: JP¥53.7b (up 10% from FY 2021). Net income: JP¥9.24b (up 45% from FY 2021). Profit margin: 17% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.9% 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 increased by 30% per year whereas the company’s share price has increased by 29% per year.Reported Earnings • Feb 12Full year 2022 earnings released: EPS: JP¥104 (vs JP¥71.96 in FY 2021)Full year 2022 results: EPS: JP¥104 (up from JP¥71.96 in FY 2021). Revenue: JP¥53.7b (up 10% from FY 2021). Net income: JP¥9.24b (up 45% from FY 2021). Profit margin: 17% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.9% 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 30% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €13.40, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 20x in the IT industry in Germany. Total returns to shareholders of 85% over the past three years.お知らせ • Feb 09Future Corporation, Annual General Meeting, Mar 23, 2023Future Corporation, Annual General Meeting, Mar 23, 2023.Buying Opportunity • Jan 28Now 20% undervaluedOver the last 90 days, the stock is up 5.5%. The fair value is estimated to be €14.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 27%. For the next 3 years, revenue is forecast to grow by 8.0% per annum. Earnings is also forecast to grow by 9.1% per annum over the same time period.Upcoming Dividend • Dec 22Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 24 March 2023. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.9%).お知らせ • Dec 06Future Corporation to Report Fiscal Year 2022 Results on Feb 07, 2023Future Corporation announced that they will report fiscal year 2022 results on Feb 07, 2023Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Director Noriyuki Ichihara was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: JP¥30.24 (vs JP¥22.08 in 3Q 2021)Third quarter 2022 results: EPS: JP¥30.24 (up from JP¥22.08 in 3Q 2021). Revenue: JP¥13.7b (up 7.9% from 3Q 2021). Net income: JP¥2.68b (up 37% from 3Q 2021). Profit margin: 20% (up from 15% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.0% 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 27% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 27Future Corporation to Report Q3, 2022 Results on Oct 26, 2022Future Corporation announced that they will report Q3, 2022 results on Oct 26, 2022Reported Earnings • Jul 30Second quarter 2022 earnings released: EPS: JP¥24.07 (vs JP¥16.43 in 2Q 2021)Second quarter 2022 results: EPS: JP¥24.07 (up from JP¥16.43 in 2Q 2021). Revenue: JP¥13.3b (up 11% from 2Q 2021). Net income: JP¥2.13b (up 47% from 2Q 2021). Profit margin: 16% (up from 12% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 4.1%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 08Investor sentiment improved over the past weekAfter last week's 16% share price gain to €11.10, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the IT industry in Germany. Total returns to shareholders of 40% over the past three years.Upcoming Dividend • Jun 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 20 September 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.4%). Higher than average of industry peers (1.6%).お知らせ • Jun 01Future Architect Ordinary Shares Deleted from Other OTCFuture Corporation (Future Architect Inc.) Ordinary Shares (Japan) deleted from Other OTC effective May 31, 2022. The deletion is due to Inactive Security.お知らせ • May 29Future Corporation to Report Q2, 2022 Results on Jul 28, 2022Future Corporation announced that they will report Q2, 2022 results on Jul 28, 2022Valuation Update With 7 Day Price Move • May 04Investor sentiment improved over the past weekAfter last week's 20% share price gain to €13.30, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 24x in the IT industry in Germany. Total returns to shareholders of 70% over the past three years.Reported Earnings • Apr 29First quarter 2022 earnings released: EPS: JP¥26.95 (vs JP¥14.04 in 1Q 2021)First quarter 2022 results: EPS: JP¥26.95 (up from JP¥14.04 in 1Q 2021). Revenue: JP¥12.6b (up 14% from 1Q 2021). Net income: JP¥2.39b (up 92% from 1Q 2021). Profit margin: 19% (up from 11% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.3%, compared to a 19% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 10 non-independent directors. Director Kaoru Suzuki was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 08Future Corporation to Report Q1, 2022 Results on Apr 27, 2022Future Corporation announced that they will report Q1, 2022 results on Apr 27, 2022お知らせ • Feb 12Future Corporation, Annual General Meeting, Mar 23, 2022Future Corporation, Annual General Meeting, Mar 23, 2022.Reported Earnings • Feb 09Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥144 (up from JP¥42.74 in FY 2020). Revenue: JP¥48.7b (up 9.9% from FY 2020). Net income: JP¥6.37b (up 68% from FY 2020). Profit margin: 13% (up from 8.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 11%, compared to a 17% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 22Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 25 March 2022. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (1.0%).Valuation Update With 7 Day Price Move • Nov 03Investor sentiment improved over the past weekAfter last week's 24% share price gain to €26.61, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 37x in the IT industry in Germany. Total returns to shareholders of 119% over the past three years.Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS JP¥44.17 (vs JP¥10.53 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥12.7b (up 23% from 3Q 2020). Net income: JP¥1.96b (up 320% from 3Q 2020). Profit margin: 15% (up from 4.5% 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 4% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Sep 14Investor sentiment improved over the past weekAfter last week's 15% share price gain to €21.39, the stock trades at a trailing P/E ratio of 26.1x. Average trailing P/E is 42x in the IT industry in Germany. Total returns to shareholders of 66% over the past three years.Valuation Update With 7 Day Price Move • Aug 23Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥18.51, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 41x in the IT industry in Germany. Total returns to shareholders of 47% over the past three years.Valuation Update With 7 Day Price Move • Aug 06Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥16.21, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 40x in the IT industry in Germany. Total returns to shareholders of 34% over the past three years.Reported Earnings • Aug 03Second quarter 2021 earnings released: EPS JP¥32.86 (vs JP¥27.47 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥12.0b (up 8.3% from 2Q 2020). Net income: JP¥1.45b (up 19% from 2Q 2020). Profit margin: 12% (up from 11% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Upcoming Dividend • Jun 22Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 18 September 2021. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (3.1%). Higher than average of industry peers (1.2%).Reported Earnings • May 20First quarter 2021 earnings released: EPS JP¥28.07 (vs JP¥25.65 in 1Q 2020)The company reported a solid first quarter result with improved earnings, although revenues and profit margins were flat. First quarter 2021 results: Revenue: JP¥11.1b (flat on 1Q 2020). Net income: JP¥1.24b (up 8.3% from 1Q 2020). Profit margin: 11% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Reported Earnings • May 02First quarter 2021 earnings released: EPS JP¥28.07 (vs JP¥25.65 in 1Q 2020)The company reported a solid first quarter result with improved earnings, although revenues and profit margins were flat. First quarter 2021 results: Revenue: JP¥11.1b (flat on 1Q 2020). Net income: JP¥1.24b (up 8.3% from 1Q 2020). Profit margin: 11% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Reported Earnings • Mar 30Full year 2020 earnings released: EPS JP¥85.49 (vs JP¥102 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥44.3b (down 2.4% from FY 2019). Net income: JP¥3.80b (down 17% from FY 2019). Profit margin: 8.6% (down from 10.0% in FY 2019). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 10Future Corporation, Annual General Meeting, Mar 24, 2021Future Corporation, Annual General Meeting, Mar 24, 2021.Reported Earnings • Feb 07Full year 2020 earnings released: EPS JP¥85.49 (vs JP¥102 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥44.3b (down 2.4% from FY 2019). Net income: JP¥3.80b (down 17% from FY 2019). Profit margin: 8.6% (down from 10.0% in FY 2019). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 21% 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 0.7%. Over the next year, revenue is forecast to grow 4.3%, compared to a 12% growth forecast for the IT industry in Germany.Is New 90 Day High Low • Feb 04New 90-day high: €16.01The company is up 10.0% from its price of €14.50 on 05 November 2020. The German market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 7.0% over the same period.Is New 90 Day High Low • Dec 28New 90-day low: €13.53The company is down 28% from its price of €18.70 on 29 September 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 20% over the same period.お知らせ • Dec 26Future Corporation to Report Fiscal Year 2020 Results on Feb 04, 2021Future Corporation announced that they will report fiscal year 2020 results on Feb 04, 2021Upcoming Dividend • Dec 22Upcoming Dividend of JP¥20.00 Per ShareWill be paid on the 26th of March to those who are registered shareholders by the 29th of December. The trailing yield of 2.2% is below the top quartile of German dividend payers (3.5%), but it is higher than industry peers (1.0%).Analyst Estimate Surprise Post Earnings • Nov 18Revenue misses expectationsRevenue missed analyst estimates by 8.7%. Over the next year, revenue is forecast to grow 13%, compared to a 10% growth forecast for the IT industry in Germany.Reported Earnings • Nov 18Third quarter 2020 earnings released: EPS JP¥10.53The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: JP¥10.3b (down 12% from 3Q 2019). Net income: JP¥466.0m (down 56% from 3Q 2019). Profit margin: 4.5% (down from 9.2% in 3Q 2019). The decrease in margin was driven by lower 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 15% per year, which means it is tracking significantly ahead of earnings growth.Is New 90 Day High Low • Nov 14New 90-day low: €13.89The company is down 1.0% from its price of €13.98 on 14 August 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 15% over the same period.Valuation Update With 7 Day Price Move • Nov 05Market pulls back on stock over the past weekAfter last week's 16% share price decline to JP¥14.27, the stock is trading at a trailing P/E ratio of 18.9x, down from the previous P/E ratio of 22.5x. This compares to an average P/E of 25x in the IT industry in Germany. Total returns to shareholders over the past three years are 77%.Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of JP¥4.19b, up 1.4% from the prior year. Total revenue was JP¥43.9b over the last 12 months, down 3.1% from the prior year.Analyst Estimate Surprise Post Earnings • Oct 30Third-quarter earnings released: Revenue misses expectationsThird-quarter revenue missed analyst estimates by 8.7% at JP¥10.3b. Revenue is forecast to grow 13% over the next year, compared to a 8.6% growth forecast for the IT industry in Germany.お知らせ • Sep 26Future Corporation to Report Q3, 2020 Results on Oct 28, 2020Future Corporation announced that they will report Q3, 2020 results on Oct 28, 2020お知らせ • Jun 29Future Corporation to Report Q2, 2020 Results on Jul 31, 2020Future Corporation announced that they will report Q2, 2020 results on Jul 31, 2020財務状況分析短期負債: FSXの 短期資産 ( ¥53.1B ) が 短期負債 ( ¥13.6B ) を超えています。長期負債: FSXの短期資産 ( ¥53.1B ) が 長期負債 ( ¥17.1B ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: FSX総負債よりも多くの現金を保有しています。負債の削減: FSXの負債対資本比率は、過去 5 年間で0%から22.5%に増加しました。債務返済能力: FSXの負債は 営業キャッシュフロー によって 十分にカバー されています ( 60.7% )。インタレストカバレッジ: FSX支払う利息よりも稼ぐ利息の方が多いので、利息支払い の補償は問題になりません。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YSoftware 業界の健全な企業。View Dividend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2026/05/07 10:13終値2026/05/07 00:00収益2026/03/31年間収益2025/12/31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Future Corporation 3 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。7 アナリスト機関Shingo KumazawaDaiwa Securities Co. Ltd.null nullDaiwa Securities Co. Ltd.Toshihiro KatahiroMarusan Securities Co. Ltd.4 その他のアナリストを表示
お知らせ • Jun 01Future Architect Ordinary Shares Deleted from Other OTCFuture Corporation (Future Architect Inc.) Ordinary Shares (Japan) deleted from Other OTC effective May 31, 2022. The deletion is due to Inactive Security.
Reported Earnings • Apr 29First quarter 2026 earnings released: EPS: JP¥26.58 (vs JP¥22.53 in 1Q 2025)First quarter 2026 results: EPS: JP¥26.58 (up from JP¥22.53 in 1Q 2025). Revenue: JP¥18.3b (up 5.4% from 1Q 2025). Net income: JP¥2.36b (up 18% from 1Q 2025). Profit margin: 13% (up from 12% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the IT 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 fallen by 8% per year, which means it is significantly lagging earnings.
お知らせ • Apr 21Future Corporation to Report Q1, 2026 Results on Apr 28, 2026Future Corporation announced that they will report Q1, 2026 results on Apr 28, 2026
Declared Dividend • Apr 12Final dividend of JP¥24.00 announcedShareholders will receive a dividend of JP¥24.00. Ex-date: 29th June 2026 Payment date: 16th September 2026 Dividend yield will be 277%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (35% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 18% 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 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 08Full year 2025 earnings released: EPS: JP¥132 (vs JP¥116 in FY 2024)Full year 2025 results: EPS: JP¥132 (up from JP¥116 in FY 2024). Revenue: JP¥76.0b (up 8.8% from FY 2024). Net income: JP¥11.7b (up 14% from FY 2024). Profit margin: 15% (in line with FY 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
お知らせ • Feb 06Future Corporation, Annual General Meeting, Mar 26, 2026Future Corporation, Annual General Meeting, Mar 26, 2026.
お知らせ • Jan 07Future Corporation to Report Fiscal Year 2025 Results on Feb 05, 2026Future Corporation announced that they will report fiscal year 2025 results on Feb 05, 2026
Upcoming Dividend • Dec 22Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 26 March 2026. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.5%). In line with average of industry peers (2.2%).
Reported Earnings • Oct 23Third quarter 2025 earnings released: EPS: JP¥37.73 (vs JP¥35.45 in 3Q 2024)Third quarter 2025 results: EPS: JP¥37.73 (up from JP¥35.45 in 3Q 2024). Revenue: JP¥19.6b (up 3.6% from 3Q 2024). Net income: JP¥3.35b (up 6.5% from 3Q 2024). Profit margin: 17% (in line with 3Q 2024). Revenue is forecast to grow 12% 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, earnings per share has increased by 5% per year and the company’s share price has also increased by 5% per year.
お知らせ • Sep 27Future Corporation to Report Q3, 2025 Results on Oct 22, 2025Future Corporation announced that they will report Q3, 2025 results on Oct 22, 2025
Declared Dividend • Sep 17First half dividend of JP¥23.00 announcedShareholders will receive a dividend of JP¥23.00. Ex-date: 29th December 2025 Payment date: 26th March 2026 Dividend yield will be 179%, 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 (40% cash payout ratio). The dividend has increased by an average of 19% 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 49% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jul 25Second quarter 2025 earnings released: EPS: JP¥29.04 (vs JP¥30.19 in 2Q 2024)Second quarter 2025 results: EPS: JP¥29.04 (down from JP¥30.19 in 2Q 2024). Revenue: JP¥18.3b (up 2.2% from 2Q 2024). Net income: JP¥2.57b (down 3.8% from 2Q 2024). Profit margin: 14% (in line with 2Q 2024). Revenue is forecast to grow 11% 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, earnings per share has increased by 6% per year whereas the company’s share price has increased by 3% per year.
Buy Or Sell Opportunity • Jul 22Now 21% undervaluedOver the last 90 days, the stock has risen 17% to €12.70. The fair value is estimated to be €15.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 7.9%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 36% in the next 2 years.
Buy Or Sell Opportunity • Jul 03Now 20% undervaluedOver the last 90 days, the stock has risen 20% to €13.20. The fair value is estimated to be €16.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 7.9%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 36% in the next 2 years.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 17 September 2025. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (2.4%).
お知らせ • Jun 19Future Corporation to Report Q2, 2025 Results on Jul 23, 2025Future Corporation announced that they will report Q2, 2025 results on Jul 23, 2025
Reported Earnings • Apr 24First quarter 2025 earnings released: EPS: JP¥22.53 (vs JP¥24.71 in 1Q 2024)First quarter 2025 results: EPS: JP¥22.53 (down from JP¥24.71 in 1Q 2024). Revenue: JP¥17.3b (up 15% from 1Q 2024). Net income: JP¥2.00b (down 8.8% from 1Q 2024). Profit margin: 12% (down from 15% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Apr 11Final dividend of JP¥23.00 announcedShareholders will receive a dividend of JP¥23.00. Ex-date: 27th June 2025 Payment date: 17th September 2025 Dividend yield will be 210%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 19% 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 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 20Future Corporation to Report Q1, 2025 Results on Apr 23, 2025Future Corporation announced that they will report Q1, 2025 results on Apr 23, 2025
Reported Earnings • Feb 05Full year 2024 earnings released: EPS: JP¥116 (vs JP¥104 in FY 2023)Full year 2024 results: EPS: JP¥116 (up from JP¥104 in FY 2023). Revenue: JP¥69.9b (up 18% from FY 2023). Net income: JP¥10.3b (up 12% from FY 2023). Profit margin: 15% (in line with FY 2023). Revenue is forecast to grow 8.9% 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, earnings per share has increased by 11% 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 • Feb 04Future Corporation, Annual General Meeting, Mar 25, 2025Future Corporation, Annual General Meeting, Mar 25, 2025.
Upcoming Dividend • Dec 20Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 28 March 2025. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.2%).
お知らせ • Dec 03Future Corporation to Report Fiscal Year 2024 Results on Feb 04, 2025Future Corporation announced that they will report fiscal year 2024 results on Feb 04, 2025
Reported Earnings • Oct 24Third quarter 2024 earnings released: EPS: JP¥35.45 (vs JP¥31.61 in 3Q 2023)Third quarter 2024 results: EPS: JP¥35.45 (up from JP¥31.61 in 3Q 2023). Revenue: JP¥19.0b (up 19% from 3Q 2023). Net income: JP¥3.14b (up 12% from 3Q 2023). Profit margin: 17% (in line with 3Q 2023). Revenue is forecast to grow 11% 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 14% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
お知らせ • Oct 11Future Corporation to Report Q3, 2024 Results on Oct 23, 2024Future Corporation announced that they will report Q3, 2024 results on Oct 23, 2024
Reported Earnings • Jul 25Second quarter 2024 earnings released: EPS: JP¥30.19 (vs JP¥24.03 in 2Q 2023)Second quarter 2024 results: EPS: JP¥30.19 (up from JP¥24.03 in 2Q 2023). Revenue: JP¥17.9b (up 25% from 2Q 2023). Net income: JP¥2.68b (up 26% from 2Q 2023). Profit margin: 15% (in line with 2Q 2023). Revenue is forecast to grow 13% 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 only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 02Future Corporation to Report Q2, 2024 Results on Jul 23, 2024Future Corporation announced that they will report Q2, 2024 results on Jul 23, 2024
Reported Earnings • Apr 25First quarter 2024 earnings released: EPS: JP¥24.71 (vs JP¥24.74 in 1Q 2023)First quarter 2024 results: EPS: JP¥24.71 (down from JP¥24.74 in 1Q 2023). Revenue: JP¥15.0b (up 7.6% from 1Q 2023). Net income: JP¥2.19b (flat on 1Q 2023). Profit margin: 15% (down from 16% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 8.6% 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 12% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Apr 11Final dividend of JP¥21.00 announcedShareholders will receive a dividend of JP¥21.00. Ex-date: 27th June 2024 Payment date: 17th September 2024 Dividend yield will be 192%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (61% cash payout ratio). The dividend has increased by an average of 19% 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 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 24Future Corporation to Report Q1, 2024 Results on Apr 24, 2024Future Corporation announced that they will report Q1, 2024 results on Apr 24, 2024
お知らせ • Feb 10Future Corporation, Annual General Meeting, Mar 27, 2024Future Corporation, Annual General Meeting, Mar 27, 2024.
Reported Earnings • Feb 08Full year 2023 earnings released: EPS: JP¥104 (vs JP¥104 in FY 2022)Full year 2023 results: EPS: JP¥104 (down from JP¥104 in FY 2022). Revenue: JP¥59.3b (up 10% from FY 2022). Net income: JP¥9.22b (flat on FY 2022). Profit margin: 16% (down from 17% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.3% 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 increased by 29% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 21Upcoming dividend of JP¥20.00 per share at 2.4% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 24 March 2024. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (2.1%).
お知らせ • Dec 05Future Corporation to Report Fiscal Year 2023 Results on Feb 06, 2024Future Corporation announced that they will report fiscal year 2023 results on Feb 06, 2024
Valuation Update With 7 Day Price Move • Nov 01Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €10.60, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the IT industry in Germany. Total returns to shareholders of 59% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €18.09 per share.
Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: JP¥31.61 (vs JP¥30.24 in 3Q 2022)Third quarter 2023 results: EPS: JP¥31.61 (up from JP¥30.24 in 3Q 2022). Revenue: JP¥15.9b (up 16% from 3Q 2022). Net income: JP¥2.80b (up 4.6% from 3Q 2022). Profit margin: 18% (down from 20% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.6% 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 32% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 27Future Corporation to Report Q3, 2023 Results on Oct 25, 2023Future Corporation announced that they will report Q3, 2023 results on Oct 25, 2023
Valuation Update With 7 Day Price Move • Aug 03Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €9.45, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the IT industry in Germany. Total returns to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €14.73 per share.
Reported Earnings • Jul 28Second quarter 2023 earnings released: EPS: JP¥24.03 (vs JP¥24.07 in 2Q 2022)Second quarter 2023 results: EPS: JP¥24.03 (down from JP¥24.07 in 2Q 2022). Revenue: JP¥14.4b (up 7.8% from 2Q 2022). Net income: JP¥2.13b (flat on 2Q 2022). Profit margin: 15% (down from 16% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 28Future Corporation to Report Q2, 2023 Results on Jul 27, 2023Future Corporation announced that they will report Q2, 2023 results on Jul 27, 2023
Upcoming Dividend • Jun 22Upcoming dividend of JP¥20.00 per share at 2.2% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 19 September 2023. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (2.2%).
Buying Opportunity • Apr 21Now 21% undervaluedOver the last 90 days, the stock is up 9.6%. The fair value is estimated to be €15.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Earnings per share has grown by 30%. For the next 3 years, revenue is forecast to grow by 8.7% per annum. Earnings is also forecast to grow by 11% per annum over the same time period.
Reported Earnings • Mar 28Full year 2022 earnings released: EPS: JP¥104 (vs JP¥71.96 in FY 2021)Full year 2022 results: EPS: JP¥104 (up from JP¥71.96 in FY 2021). Revenue: JP¥53.7b (up 10% from FY 2021). Net income: JP¥9.24b (up 45% from FY 2021). Profit margin: 17% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.9% 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 increased by 30% per year whereas the company’s share price has increased by 29% per year.
Reported Earnings • Feb 12Full year 2022 earnings released: EPS: JP¥104 (vs JP¥71.96 in FY 2021)Full year 2022 results: EPS: JP¥104 (up from JP¥71.96 in FY 2021). Revenue: JP¥53.7b (up 10% from FY 2021). Net income: JP¥9.24b (up 45% from FY 2021). Profit margin: 17% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.9% 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 30% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €13.40, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 20x in the IT industry in Germany. Total returns to shareholders of 85% over the past three years.
お知らせ • Feb 09Future Corporation, Annual General Meeting, Mar 23, 2023Future Corporation, Annual General Meeting, Mar 23, 2023.
Buying Opportunity • Jan 28Now 20% undervaluedOver the last 90 days, the stock is up 5.5%. The fair value is estimated to be €14.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 27%. For the next 3 years, revenue is forecast to grow by 8.0% per annum. Earnings is also forecast to grow by 9.1% per annum over the same time period.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 24 March 2023. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.9%).
お知らせ • Dec 06Future Corporation to Report Fiscal Year 2022 Results on Feb 07, 2023Future Corporation announced that they will report fiscal year 2022 results on Feb 07, 2023
Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Director Noriyuki Ichihara was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: JP¥30.24 (vs JP¥22.08 in 3Q 2021)Third quarter 2022 results: EPS: JP¥30.24 (up from JP¥22.08 in 3Q 2021). Revenue: JP¥13.7b (up 7.9% from 3Q 2021). Net income: JP¥2.68b (up 37% from 3Q 2021). Profit margin: 20% (up from 15% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.0% 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 27% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 27Future Corporation to Report Q3, 2022 Results on Oct 26, 2022Future Corporation announced that they will report Q3, 2022 results on Oct 26, 2022
Reported Earnings • Jul 30Second quarter 2022 earnings released: EPS: JP¥24.07 (vs JP¥16.43 in 2Q 2021)Second quarter 2022 results: EPS: JP¥24.07 (up from JP¥16.43 in 2Q 2021). Revenue: JP¥13.3b (up 11% from 2Q 2021). Net income: JP¥2.13b (up 47% from 2Q 2021). Profit margin: 16% (up from 12% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 4.1%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 08Investor sentiment improved over the past weekAfter last week's 16% share price gain to €11.10, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the IT industry in Germany. Total returns to shareholders of 40% over the past three years.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 20 September 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.4%). Higher than average of industry peers (1.6%).
お知らせ • Jun 01Future Architect Ordinary Shares Deleted from Other OTCFuture Corporation (Future Architect Inc.) Ordinary Shares (Japan) deleted from Other OTC effective May 31, 2022. The deletion is due to Inactive Security.
お知らせ • May 29Future Corporation to Report Q2, 2022 Results on Jul 28, 2022Future Corporation announced that they will report Q2, 2022 results on Jul 28, 2022
Valuation Update With 7 Day Price Move • May 04Investor sentiment improved over the past weekAfter last week's 20% share price gain to €13.30, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 24x in the IT industry in Germany. Total returns to shareholders of 70% over the past three years.
Reported Earnings • Apr 29First quarter 2022 earnings released: EPS: JP¥26.95 (vs JP¥14.04 in 1Q 2021)First quarter 2022 results: EPS: JP¥26.95 (up from JP¥14.04 in 1Q 2021). Revenue: JP¥12.6b (up 14% from 1Q 2021). Net income: JP¥2.39b (up 92% from 1Q 2021). Profit margin: 19% (up from 11% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.3%, compared to a 19% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 10 non-independent directors. Director Kaoru Suzuki was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 08Future Corporation to Report Q1, 2022 Results on Apr 27, 2022Future Corporation announced that they will report Q1, 2022 results on Apr 27, 2022
お知らせ • Feb 12Future Corporation, Annual General Meeting, Mar 23, 2022Future Corporation, Annual General Meeting, Mar 23, 2022.
Reported Earnings • Feb 09Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥144 (up from JP¥42.74 in FY 2020). Revenue: JP¥48.7b (up 9.9% from FY 2020). Net income: JP¥6.37b (up 68% from FY 2020). Profit margin: 13% (up from 8.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 11%, compared to a 17% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 25 March 2022. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (1.0%).
Valuation Update With 7 Day Price Move • Nov 03Investor sentiment improved over the past weekAfter last week's 24% share price gain to €26.61, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 37x in the IT industry in Germany. Total returns to shareholders of 119% over the past three years.
Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS JP¥44.17 (vs JP¥10.53 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥12.7b (up 23% from 3Q 2020). Net income: JP¥1.96b (up 320% from 3Q 2020). Profit margin: 15% (up from 4.5% 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 4% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Sep 14Investor sentiment improved over the past weekAfter last week's 15% share price gain to €21.39, the stock trades at a trailing P/E ratio of 26.1x. Average trailing P/E is 42x in the IT industry in Germany. Total returns to shareholders of 66% over the past three years.
Valuation Update With 7 Day Price Move • Aug 23Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥18.51, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 41x in the IT industry in Germany. Total returns to shareholders of 47% over the past three years.
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥16.21, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 40x in the IT industry in Germany. Total returns to shareholders of 34% over the past three years.
Reported Earnings • Aug 03Second quarter 2021 earnings released: EPS JP¥32.86 (vs JP¥27.47 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥12.0b (up 8.3% from 2Q 2020). Net income: JP¥1.45b (up 19% from 2Q 2020). Profit margin: 12% (up from 11% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 18 September 2021. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (3.1%). Higher than average of industry peers (1.2%).
Reported Earnings • May 20First quarter 2021 earnings released: EPS JP¥28.07 (vs JP¥25.65 in 1Q 2020)The company reported a solid first quarter result with improved earnings, although revenues and profit margins were flat. First quarter 2021 results: Revenue: JP¥11.1b (flat on 1Q 2020). Net income: JP¥1.24b (up 8.3% from 1Q 2020). Profit margin: 11% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Reported Earnings • May 02First quarter 2021 earnings released: EPS JP¥28.07 (vs JP¥25.65 in 1Q 2020)The company reported a solid first quarter result with improved earnings, although revenues and profit margins were flat. First quarter 2021 results: Revenue: JP¥11.1b (flat on 1Q 2020). Net income: JP¥1.24b (up 8.3% from 1Q 2020). Profit margin: 11% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 30Full year 2020 earnings released: EPS JP¥85.49 (vs JP¥102 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥44.3b (down 2.4% from FY 2019). Net income: JP¥3.80b (down 17% from FY 2019). Profit margin: 8.6% (down from 10.0% in FY 2019). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 10Future Corporation, Annual General Meeting, Mar 24, 2021Future Corporation, Annual General Meeting, Mar 24, 2021.
Reported Earnings • Feb 07Full year 2020 earnings released: EPS JP¥85.49 (vs JP¥102 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥44.3b (down 2.4% from FY 2019). Net income: JP¥3.80b (down 17% from FY 2019). Profit margin: 8.6% (down from 10.0% in FY 2019). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 21% 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 0.7%. Over the next year, revenue is forecast to grow 4.3%, compared to a 12% growth forecast for the IT industry in Germany.
Is New 90 Day High Low • Feb 04New 90-day high: €16.01The company is up 10.0% from its price of €14.50 on 05 November 2020. The German market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 7.0% over the same period.
Is New 90 Day High Low • Dec 28New 90-day low: €13.53The company is down 28% from its price of €18.70 on 29 September 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 20% over the same period.
お知らせ • Dec 26Future Corporation to Report Fiscal Year 2020 Results on Feb 04, 2021Future Corporation announced that they will report fiscal year 2020 results on Feb 04, 2021
Upcoming Dividend • Dec 22Upcoming Dividend of JP¥20.00 Per ShareWill be paid on the 26th of March to those who are registered shareholders by the 29th of December. The trailing yield of 2.2% is below the top quartile of German dividend payers (3.5%), but it is higher than industry peers (1.0%).
Analyst Estimate Surprise Post Earnings • Nov 18Revenue misses expectationsRevenue missed analyst estimates by 8.7%. Over the next year, revenue is forecast to grow 13%, compared to a 10% growth forecast for the IT industry in Germany.
Reported Earnings • Nov 18Third quarter 2020 earnings released: EPS JP¥10.53The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: JP¥10.3b (down 12% from 3Q 2019). Net income: JP¥466.0m (down 56% from 3Q 2019). Profit margin: 4.5% (down from 9.2% in 3Q 2019). The decrease in margin was driven by lower 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 15% per year, which means it is tracking significantly ahead of earnings growth.
Is New 90 Day High Low • Nov 14New 90-day low: €13.89The company is down 1.0% from its price of €13.98 on 14 August 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 15% over the same period.
Valuation Update With 7 Day Price Move • Nov 05Market pulls back on stock over the past weekAfter last week's 16% share price decline to JP¥14.27, the stock is trading at a trailing P/E ratio of 18.9x, down from the previous P/E ratio of 22.5x. This compares to an average P/E of 25x in the IT industry in Germany. Total returns to shareholders over the past three years are 77%.
Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of JP¥4.19b, up 1.4% from the prior year. Total revenue was JP¥43.9b over the last 12 months, down 3.1% from the prior year.
Analyst Estimate Surprise Post Earnings • Oct 30Third-quarter earnings released: Revenue misses expectationsThird-quarter revenue missed analyst estimates by 8.7% at JP¥10.3b. Revenue is forecast to grow 13% over the next year, compared to a 8.6% growth forecast for the IT industry in Germany.
お知らせ • Sep 26Future Corporation to Report Q3, 2020 Results on Oct 28, 2020Future Corporation announced that they will report Q3, 2020 results on Oct 28, 2020
お知らせ • Jun 29Future Corporation to Report Q2, 2020 Results on Jul 31, 2020Future Corporation announced that they will report Q2, 2020 results on Jul 31, 2020