View Financial HealthBusiness Engineering 配当と自社株買い配当金 基準チェック /56Business Engineeringは配当を支払う会社で、現在の利回りは4.29%ですが、利益によって十分にカバーされています。次の支払い日は 22nd June, 2026で、権利落ち日は30th March, 2026 。主要情報4.3%配当利回り0.5%バイバック利回り総株主利回り4.8%将来の配当利回り3.4%配当成長25.6%次回配当支払日22 Jun 26配当落ち日30 Mar 26一株当たり配当金n/a配当性向36%最近の配当と自社株買いの更新Upcoming Dividend • Mar 23Upcoming dividend of JP¥26.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 36% and the cash payout ratio is 88%. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.0%).Declared Dividend • Dec 03First half dividend of JP¥110 announcedShareholders will receive a dividend of JP¥110. Ex-date: 30th March 2026 Payment date: 23rd June 2026 Dividend yield will be 264%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (39% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 41% 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.Upcoming Dividend • Sep 22Upcoming dividend of JP¥78.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 31% and the cash payout ratio is 78%. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (2.4%).Declared Dividend • Jul 09Final dividend of JP¥78.00 announcedShareholders will receive a dividend of JP¥78.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 265%, 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 (78% cash payout ratio). The dividend has increased by an average of 36% 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.Upcoming Dividend • Mar 21Upcoming dividend of JP¥58.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.4%). Higher than average of industry peers (2.3%).Declared Dividend • Dec 04First half dividend of JP¥42.00 announcedShareholders will receive a dividend of JP¥42.00. Ex-date: 28th March 2025 Payment date: 24th June 2025 Dividend yield will be 176%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (19% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 28% 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 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover.すべての更新を表示Recent updatesReported Earnings • May 13Full year 2026 earnings released: EPS: JP¥81.77 (vs JP¥55.62 in FY 2025)Full year 2026 results: EPS: JP¥81.77 (up from JP¥55.62 in FY 2025). Revenue: JP¥24.4b (up 18% from FY 2025). Net income: JP¥4.89b (up 47% from FY 2025). Profit margin: 20% (up from 16% in FY 2025). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 2 years compared to a 6.1% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.お知らせ • May 12Business Engineering Corporation, Annual General Meeting, Jun 19, 2026Business Engineering Corporation, Annual General Meeting, Jun 19, 2026.お知らせ • May 09Business Engineering Corporation to Report Fiscal Year 2026 Results on May 12, 2026Business Engineering Corporation announced that they will report fiscal year 2026 results on May 12, 2026Buy Or Sell Opportunity • Apr 15Now 21% overvaluedOver the last 90 days, the stock has fallen 22% to €6.85. The fair value is estimated to be €5.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 5.1% in 2 years. Earnings are forecast to grow by 8.1% in the next 2 years.Buy Or Sell Opportunity • Mar 25Now 21% overvaluedOver the last 90 days, the stock has fallen 23% to €6.80. The fair value is estimated to be €5.60, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 5.1% in 2 years. Earnings are forecast to grow by 8.1% in the next 2 years.Upcoming Dividend • Mar 23Upcoming dividend of JP¥26.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 36% and the cash payout ratio is 88%. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.0%).Reported Earnings • Feb 08Third quarter 2026 earnings releasedThird quarter 2026 results: Revenue: JP¥6.30b (up 22% from 3Q 2025). Net income: JP¥1.21b (up 44% from 3Q 2025). Profit margin: 19% (up from 16% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the IT industry in Germany.Buy Or Sell Opportunity • Jan 23Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 19% to €8.50. The fair value is estimated to be €7.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 20% in the next 2 years.お知らせ • Dec 27Business Engineering Corporation to Report Q3, 2026 Results on Feb 06, 2026Business Engineering Corporation announced that they will report Q3, 2026 results on Feb 06, 2026Buy Or Sell Opportunity • Dec 09Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 26% to €43.20. The fair value is estimated to be €35.63, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 20% in the next 2 years.Declared Dividend • Dec 03First half dividend of JP¥110 announcedShareholders will receive a dividend of JP¥110. Ex-date: 30th March 2026 Payment date: 23rd June 2026 Dividend yield will be 264%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (39% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 41% 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.Reported Earnings • Nov 09Second quarter 2026 earnings released: EPS: JP¥93.32 (vs JP¥71.40 in 2Q 2025)Second quarter 2026 results: EPS: JP¥93.32 (up from JP¥71.40 in 2Q 2025). Revenue: JP¥6.24b (up 24% from 2Q 2025). Net income: JP¥1.12b (up 31% from 2Q 2025). Profit margin: 18% (in line with 2Q 2025). Revenue is forecast to grow 6.4% 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 22% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Sep 26Business Engineering Corporation to Report Q2, 2026 Results on Nov 07, 2025Business Engineering Corporation announced that they will report Q2, 2026 results on Nov 07, 2025Upcoming Dividend • Sep 22Upcoming dividend of JP¥78.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 31% and the cash payout ratio is 78%. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (2.4%).Reported Earnings • Aug 10First quarter 2026 earnings released: EPS: JP¥114 (vs JP¥67.06 in 1Q 2025)First quarter 2026 results: EPS: JP¥114 (up from JP¥67.06 in 1Q 2025). Revenue: JP¥6.04b (up 20% from 1Q 2025). Net income: JP¥1.37b (up 71% from 1Q 2025). Profit margin: 23% (up from 16% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.2% 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 19% per year whereas the company’s share price has increased by 24% per year.Valuation Update With 7 Day Price Move • Aug 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €34.00, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the IT industry in Germany. Total returns to shareholders of 105% over the past three years.Declared Dividend • Jul 09Final dividend of JP¥78.00 announcedShareholders will receive a dividend of JP¥78.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 265%, 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 (78% cash payout ratio). The dividend has increased by an average of 36% 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.お知らせ • Jun 29Business Engineering Corporation to Report Q1, 2026 Results on Aug 08, 2025Business Engineering Corporation announced that they will report Q1, 2026 results on Aug 08, 2025Reported Earnings • Jun 24Full year 2025 earnings released: EPS: JP¥278 (vs JP¥219 in FY 2024)Full year 2025 results: EPS: JP¥278 (up from JP¥219 in FY 2024). Revenue: JP¥20.8b (up 6.6% from FY 2024). Net income: JP¥3.33b (up 27% from FY 2024). Profit margin: 16% (up from 14% in FY 2024). 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 6.3% 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 increased by 26% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 15Full year 2025 earnings released: EPS: JP¥278 (vs JP¥219 in FY 2024)Full year 2025 results: EPS: JP¥278 (up from JP¥219 in FY 2024). Revenue: JP¥20.8b (up 6.6% from FY 2024). Net income: JP¥3.33b (up 27% from FY 2024). Profit margin: 16% (up from 14% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year and the company’s share price has also increased by 19% per year.お知らせ • May 13Business Engineering Corporation, Annual General Meeting, Jun 20, 2025Business Engineering Corporation, Annual General Meeting, Jun 20, 2025.お知らせ • Mar 27Business Engineering Corporation to Report Fiscal Year 2025 Results on May 13, 2025Business Engineering Corporation announced that they will report fiscal year 2025 results on May 13, 2025Upcoming Dividend • Mar 21Upcoming dividend of JP¥58.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.4%). Higher than average of industry peers (2.3%).Reported Earnings • Feb 09Third quarter 2025 earnings released: EPS: JP¥70.07 (vs JP¥57.54 in 3Q 2024)Third quarter 2025 results: EPS: JP¥70.07 (up from JP¥57.54 in 3Q 2024). Revenue: JP¥5.17b (up 8.0% from 3Q 2024). Net income: JP¥839.0m (up 22% from 3Q 2024). Profit margin: 16% (up from 14% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.8% 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 19% per year whereas the company’s share price has increased by 22% per year.Buy Or Sell Opportunity • Feb 07Now 20% overvaluedOver the last 90 days, the stock has fallen 3.3% to €23.80. The fair value is estimated to be €19.78, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 11% in the next 2 years.お知らせ • Jan 03Business Engineering Corporation to Report Q3, 2025 Results on Feb 07, 2025Business Engineering Corporation announced that they will report Q3, 2025 results on Feb 07, 2025Declared Dividend • Dec 04First half dividend of JP¥42.00 announcedShareholders will receive a dividend of JP¥42.00. Ex-date: 28th March 2025 Payment date: 24th June 2025 Dividend yield will be 176%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (19% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 28% 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 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 15Second quarter 2025 earnings released: EPS: JP¥71.40 (vs JP¥63.31 in 2Q 2024)Second quarter 2025 results: EPS: JP¥71.40 (up from JP¥63.31 in 2Q 2024). Revenue: JP¥5.05b (down 1.1% from 2Q 2024). Net income: JP¥855.0m (up 13% from 2Q 2024). Profit margin: 17% (up from 15% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 23% per year.お知らせ • Sep 26Business Engineering Corporation to Report Q2, 2025 Results on Nov 12, 2024Business Engineering Corporation announced that they will report Q2, 2025 results on Nov 12, 2024Upcoming Dividend • Sep 20Upcoming dividend of JP¥42.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.9%).Reported Earnings • Aug 07First quarter 2025 earnings released: EPS: JP¥67.06 (vs JP¥57.00 in 1Q 2024)First quarter 2025 results: EPS: JP¥67.06 (up from JP¥57.00 in 1Q 2024). Revenue: JP¥5.04b (up 7.2% from 1Q 2024). Net income: JP¥803.0m (up 17% from 1Q 2024). Profit margin: 16% (up from 14% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.4% 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 27% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €20.80, 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 84% over the past three years.Buy Or Sell Opportunity • Aug 02Now 21% undervaluedOver the last 90 days, the stock has risen 18% to €24.40. The fair value is estimated to be €30.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 6.4% per annum over the same time period.Declared Dividend • Jul 11Final dividend of JP¥42.00 announcedShareholders will receive a dividend of JP¥42.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 185%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 28% 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 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Jul 02Now 12% undervaluedOver the last 90 days, the stock has risen 2.8% to €22.00. The fair value is estimated to be €25.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 6.4% per annum over the same time period.お知らせ • Jun 27Business Engineering Corporation to Report Q1, 2025 Results on Aug 02, 2024Business Engineering Corporation announced that they will report Q1, 2025 results on Aug 02, 2024Buy Or Sell Opportunity • Jun 21Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to €20.20. The fair value is estimated to be €25.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 6.4% per annum over the same time period.Buy Or Sell Opportunity • Jun 18Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to €20.40. The fair value is estimated to be €25.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 6.4% per annum over the same time period.Buy Or Sell Opportunity • Jun 12Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to €20.40. The fair value is estimated to be €25.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 6.4% per annum over the same time period.お知らせ • May 18+ 2 more updatesBusiness Engineering Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2025Business Engineering Corporation provided dividend guidance for the fiscal year ending March 31, 2025. for the year end, the company expects dividend of JPY 42.00 per share against JPY 46.00 per share a year ago.Buy Or Sell Opportunity • May 15Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to €20.60. The fair value is estimated to be €26.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 28%. Revenue is forecast to grow by 10% in 2 years. Earnings are forecast to grow by 12% in the next 2 years.Reported Earnings • May 13Full year 2024 earnings released: EPS: JP¥219 (vs JP¥194 in FY 2023)Full year 2024 results: EPS: JP¥219 (up from JP¥194 in FY 2023). Revenue: JP¥19.5b (up 5.3% from FY 2023). Net income: JP¥2.63b (up 13% from FY 2023). Profit margin: 14% (in line with FY 2023). Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.お知らせ • May 12Business Engineering Corporation, Annual General Meeting, Jun 21, 2024Business Engineering Corporation, Annual General Meeting, Jun 21, 2024.Buy Or Sell Opportunity • Apr 25Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 27% to €20.80. The fair value is estimated to be €26.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.3% over the last 3 years. Earnings per share has grown by 30%. Revenue is forecast to grow by 9.5% in 2 years. Earnings are forecast to grow by 5.2% in the next 2 years.Buy Or Sell Opportunity • Apr 03Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 18% to €21.20. The fair value is estimated to be €26.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.3% over the last 3 years. Earnings per share has grown by 30%. Revenue is forecast to grow by 9.5% in 2 years. Earnings are forecast to grow by 5.2% in the next 2 years.お知らせ • Mar 27Business Engineering Corporation to Report Fiscal Year 2024 Results on May 10, 2024Business Engineering Corporation announced that they will report fiscal year 2024 results on May 10, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥44.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.9%). In line with average of industry peers (2.2%).お知らせ • Feb 24Business Engineering Corporation (TSE:4828) agreed to acquire an unknown stake in Aureole Information Technology Inc.Business Engineering Corporation (TSE:4828) agreed to acquire an unknown stake in Aureole Information Technology Inc on February 22, 2024.Reported Earnings • Feb 11Third quarter 2024 earnings released: EPS: JP¥57.54 (vs JP¥52.08 in 3Q 2023)Third quarter 2024 results: EPS: JP¥57.54 (up from JP¥52.08 in 3Q 2023). Revenue: JP¥4.78b (down 1.9% from 3Q 2023). Net income: JP¥689.0m (up 10% from 3Q 2023). Profit margin: 14% (up from 13% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.9% 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 26% per year.お知らせ • Dec 28Business Engineering Corporation to Report Q3, 2024 Results on Feb 09, 2024Business Engineering Corporation announced that they will report Q3, 2024 results on Feb 09, 2024Reported Earnings • Nov 12Second quarter 2024 earnings released: EPS: JP¥63.31 (vs JP¥42.92 in 2Q 2023)Second quarter 2024 results: EPS: JP¥63.31 (up from JP¥42.92 in 2Q 2023). Revenue: JP¥5.11b (up 14% from 2Q 2023). Net income: JP¥759.0m (up 47% from 2Q 2023). Profit margin: 15% (up from 12% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.0% 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 30% 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 • Oct 06Business Engineering Corporation to Report Q2, 2024 Results on Nov 10, 2023Business Engineering Corporation announced that they will report Q2, 2024 results on Nov 10, 2023Buying Opportunity • Oct 03Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 2.0%. The fair value is estimated to be €25.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 29%.Upcoming Dividend • Sep 21Upcoming dividend of JP¥32.00 per share at 1.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 32% 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 (2.2%).お知らせ • Aug 18+ 1 more updateBusiness Engineering Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024Business Engineering Corporation provided dividend guidance for the fiscal year ending March 31, 2024. For the period, the company expects dividend to be JPY 32.00 per share compared to JPY 43.00 per share a year ago.Reported Earnings • Aug 09First quarter 2024 earnings released: EPS: JP¥57.00 (vs JP¥47.92 in 1Q 2023)First quarter 2024 results: EPS: JP¥57.00 (up from JP¥47.92 in 1Q 2023). Revenue: JP¥4.70b (up 7.3% from 1Q 2023). Net income: JP¥684.0m (up 19% from 1Q 2023). Profit margin: 14% (up from 13% in 1Q 2023). The increase in margin was driven by higher revenue. 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 17% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Jul 07Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 4.8%. The fair value is estimated to be €24.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 30%.お知らせ • Jul 07Business Engineering Corporation to Report Q1, 2024 Results on Aug 04, 2023Business Engineering Corporation announced that they will report Q1, 2024 results on Aug 04, 2023Reported Earnings • May 15Full year 2023 earnings released: EPS: JP¥194 (vs JP¥137 in FY 2022)Full year 2023 results: EPS: JP¥194 (up from JP¥137 in FY 2022). Revenue: JP¥18.5b (up 4.2% from FY 2022). Net income: JP¥2.33b (up 42% from FY 2022). Profit margin: 13% (up from 9.3% in FY 2022). 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 32% per year.お知らせ • May 12Business Engineering Corporation, Annual General Meeting, Jun 23, 2023Business Engineering Corporation, Annual General Meeting, Jun 23, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥43.00 per share at 2.3% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.6%).Reported Earnings • Feb 13Third quarter 2023 earnings released: EPS: JP¥52.08 (vs JP¥42.90 in 3Q 2022)Third quarter 2023 results: EPS: JP¥52.08 (up from JP¥42.90 in 3Q 2022). Revenue: JP¥4.87b (up 11% from 3Q 2022). Net income: JP¥625.0m (up 22% from 3Q 2022). Profit margin: 13% (up from 12% in 3Q 2022). The increase in margin was driven by higher revenue. 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 10% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 09+ 1 more updateBusiness Engineering Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Business Engineering Corporation provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the period, the company expected net sales of JPY 18,300 million, operating profit of JPY 3,200 million, profit attributable to owners of parent of JPY 2,290 million and basic earnings per share of JPY 190.84.お知らせ • Dec 29Business Engineering Corporation to Report Q3, 2023 Results on Feb 09, 2023Business Engineering Corporation announced that they will report Q3, 2023 results on Feb 09, 2023Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥42.92 (vs JP¥56.99 in 2Q 2022)Second quarter 2023 results: EPS: JP¥42.92 (down from JP¥56.99 in 2Q 2022). Revenue: JP¥4.48b (down 7.3% from 2Q 2022). Net income: JP¥515.0m (down 24% from 2Q 2022). Profit margin: 12% (down from 14% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 3 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Outside Director Naoki Shimizu was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Nov 12+ 1 more updateBusiness Engineering Corporation Provides Earnings Guidance for the Full Year Ending March 31, 2023Business Engineering Corporation provided earnings guidance for the full year ending March 31, 2023. For the full year, the company expects net sales of JPY 17,900 million, operating profit of JPY 3,000 million, profit attributable to owners of parent of JPY 2,100 million or Basic EPS of JPY 175.00.お知らせ • Sep 30Business Engineering Corporation to Report Q2, 2023 Results on Nov 11, 2022Business Engineering Corporation announced that they will report Q2, 2023 results on Nov 11, 2022Upcoming Dividend • Sep 22Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (1.8%).Buying Opportunity • Aug 08Now 21% undervaluedOver the last 90 days, the stock is up 30%. The fair value is estimated to be €23.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 23%.Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: JP¥47.92 (vs JP¥9.16 in 1Q 2022)First quarter 2023 results: EPS: JP¥47.92 (up from JP¥9.16 in 1Q 2022). Revenue: JP¥4.38b (up 9.0% from 1Q 2022). Net income: JP¥575.0m (up 428% from 1Q 2022). Profit margin: 13% (up from 2.7% in 1Q 2022). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 19% per year.お知らせ • Aug 05+ 1 more updateBusiness Engineering Corporation Provides Earnings Guidance for the First Half of Fiscal Year 2023 and Full Year Ending March 31, 2023Business Engineering Corporation provided earnings guidance for the first half of fiscal year 2023 and full year ending March 31, 2023. For the first half, the company expected net sales of JPY 8,900 million, operating profit of JPY 1,430 million, ordinary profit of JPY 1,430 million and profit attributable to owners of parent of JPY 970 million or Basic EPS of JPY 80.83.For the full year, the company expected net sales of JPY 17,900 million, operating profit of JPY 2,600 million, ordinary profit of JPY 2,600 million and profit attributable to owners of parent of JPY 1,770 million or Basic EPS of JPY 147.50.お知らせ • Jun 30Business Engineering Corporation to Report Q1, 2023 Results on Aug 04, 2022Business Engineering Corporation announced that they will report Q1, 2023 results on Aug 04, 2022お知らせ • Jun 22Business Engineering Corporation Provides Earnings Guidance for the First Half of Fiscal Year 2023 and Full Year Ending March 31, 2023Business Engineering Corporation provided earnings guidance for the first half of fiscal year 2023 and full year ending March 31, 2023. For the first half, the company expected net sales of JPY 8,900 million, operating profit of JPY 1,230 million, ordinary profit of JPY 1,230 million and profit attributable to owners of parent of JPY 830 million or Basic EPS of JPY 138.33.For the full year, the company expected net sales of JPY 17,900 million, operating profit of JPY 2,600 million, ordinary profit of JPY 2,600 million and profit attributable to owners of parent of JPY 1,770 million or Basic EPS of JPY 295.00.Reported Earnings • May 15Full year 2022 earnings released: EPS: JP¥275 (vs JP¥233 in FY 2021)Full year 2022 results: EPS: JP¥275 (up from JP¥233 in FY 2021). Revenue: JP¥17.8b (flat on FY 2021). Net income: JP¥1.64b (up 19% from FY 2021). Profit margin: 9.3% (up from 7.7% in FY 2021). Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 20% per year.お知らせ • May 13+ 2 more updatesBusiness Engineering Corporation Provides Consolidated Earnings Guidance for the period Ending September 2022 and for the Full Year Ending March 31, 2023Business Engineering Corporation provided consolidated earnings guidance for the six months ending September 30, 2022 and for the full year ending March 31, 2023. For the period Ending September 2022, the company expected net sales to be JPY 8,900 million, Operating profit to be JPY 1,230 million, Profit attributable to owners of parent to be JPY 830 million and Earnings per share to be JPY 138.33. For the full year, the company expected net sales to be JPY 17,900 million, Operating profit to be JPY 2,600 million, Profit attributable to owners of parent to be JPY 1,770 million and Earnings per share to be JPY 295.00.お知らせ • May 12Business Engineering Corporation, Annual General Meeting, Jun 24, 2022Business Engineering Corporation, Annual General Meeting, Jun 24, 2022.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 4 highly experienced directors. 4 independent directors (7 non-independent directors). Independent Outside Director Naoki Shimizu was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Apr 08Business Engineering Corporation to Report Fiscal Year 2022 Results on May 12, 2022Business Engineering Corporation announced that they will report fiscal year 2022 results on May 12, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥49.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (1.0%).Reported Earnings • Feb 11Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥85.80 (up from JP¥44.30 in 3Q 2021). Revenue: JP¥4.39b (up 2.0% from 3Q 2021). Net income: JP¥514.0m (up 96% from 3Q 2021). Profit margin: 12% (up from 6.1% in 3Q 2021). The increase in margin was primarily driven by lower expenses. Revenue was in line with analyst estimates. 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 20% per year.お知らせ • Feb 11+ 1 more updateBusiness Engineering Corporation Provides Earnings Guidance for the Full Year Ending March 2022Business Engineering Corporation provides earnings guidance for the full Year Ending March 2022. For the period, the company expects net sales of JPY 17,500 million, operating profit of JPY 2,400 million and profit attributable to owners of parent of JPY 1,630 million or basic earnings per share of JPY 272.64 per share.Reported Earnings • Nov 17Second quarter 2022 earnings released: EPS JP¥114 (vs JP¥51.44 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥4.83b (up 11% from 2Q 2021). Net income: JP¥681.0m (up 124% from 2Q 2021). Profit margin: 14% (up from 7.0% 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 14% per year whereas the company’s share price has increased by 19% per year.Upcoming Dividend • Sep 22Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 02 December 2021. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (0.9%).Reported Earnings • Aug 09First quarter 2022 earnings released: EPS JP¥18.32 (vs JP¥89.34 in 1Q 2021)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥4.02b (down 13% from 1Q 2021). Net income: JP¥109.0m (down 79% from 1Q 2021). Profit margin: 2.7% (down from 11% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 15% per year and the company’s share price has also increased by 15% per year.お知らせ • Jun 23Business Engineering Corporation Provides Consolidated and Non-Consolidated Earnings Guidance for the First Half and Fiscal Full Year Ending March 31, 2022Business Engineering Corporation provided consolidated and non-consolidated earnings guidance for the first half and fiscal full year ending March 31, 2022. For the half year, on consolidated basis net sales of JPY 8,400 million, Profit of JPY 1,000 million, Profit attributable to owners of parent was JPY 670 million, basic earnings per share of JPY 112.39. For the Full year, on consolidated basis, net sales of JPY 17,900 million, Profit of JPY 2,100 million, Profit attributable to owners of parent was JPY 1,400 million, basic earnings per share of JPY 234.19. For the half year, on non-consolidated basis, net sales of JPY 8,200 million, Profit of JPY 600 million, basic earnings per share of JPY 100.65. For the Full year, on non-consolidated basis, net sales of JPY 17,500 million, Profit of JPY 1,200 million, basic earnings per share of JPY 200.74.Reported Earnings • May 16Full year 2021 earnings released: EPS JP¥233 (vs JP¥145 in FY 2020)The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: JP¥17.9b (flat on FY 2020). Net income: JP¥1.38b (up 62% from FY 2020). Profit margin: 7.7% (up from 4.8% in FY 2020). Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 20% per year.Upcoming Dividend • Mar 23Upcoming Dividend of JP¥48.00 Per ShareWill be paid on the 22nd of June to those who are registered shareholders by the 30th of March. The trailing yield of 2.0% is below the top quartile of German dividend payers (3.3%), but it is higher than industry peers (1.1%).Reported Earnings • Feb 06Third quarter 2021 earnings released: EPS JP¥44.30 (vs JP¥22.10 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥4.30b (down 5.9% from 3Q 2020). Net income: JP¥262.0m (up 101% from 3Q 2020). Profit margin: 6.1% (up from 2.8% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 27% per year.Is New 90 Day High Low • Jan 20New 90-day low: €24.74The company is down 22% from its price of €31.65 on 22 October 2020. The German market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 15% over the same period.お知らせ • Jan 08Business Engineering Corporation to Report Q3, 2021 Results on Feb 04, 2021Business Engineering Corporation announced that they will report Q3, 2021 results on Feb 04, 2021決済の安定と成長配当データの取得安定した配当: TBYの1株当たり配当金は過去10年間安定しています。増加する配当: TBYの配当金は過去10年間にわたって増加しています。配当利回り対市場Business Engineering 配当利回り対市場TBY 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (TBY)4.3%市場下位25% (DE)1.5%市場トップ25% (DE)4.5%業界平均 (IT)2.2%アナリスト予想 (TBY) (最長3年)3.4%注目すべき配当: TBYの配当金 ( 4.29% ) はGerman市場の配当金支払者の下位 25% ( 1.51% ) よりも高くなっています。高配当: TBYの配当金 ( 4.29% ) はGerman市場の配当金支払者の上位 25% ( 4.55% ) と比較すると低いです。株主への利益配当収益カバレッジ: TBYの 配当性向 ( 35.9% ) はかなり低いため、配当金の支払いは利益によって十分にカバーされます。株主配当金キャッシュフローカバレッジ: TBYは合理的な 現金配当性向 ( 65.4% ) を備えているため、配当金の支払いはキャッシュフローによって賄われます。高配当企業の発掘7D1Y7D1Y7D1YDE 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/25 04:00終値2026/05/25 00:00収益2026/03/31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Business Engineering Corporation 1 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。1 アナリスト機関Teruo IsozakiIchiyoshi Research Institute Inc.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥26.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 36% and the cash payout ratio is 88%. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.0%).
Declared Dividend • Dec 03First half dividend of JP¥110 announcedShareholders will receive a dividend of JP¥110. Ex-date: 30th March 2026 Payment date: 23rd June 2026 Dividend yield will be 264%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (39% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 41% 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.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥78.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 31% and the cash payout ratio is 78%. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (2.4%).
Declared Dividend • Jul 09Final dividend of JP¥78.00 announcedShareholders will receive a dividend of JP¥78.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 265%, 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 (78% cash payout ratio). The dividend has increased by an average of 36% 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.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥58.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.4%). Higher than average of industry peers (2.3%).
Declared Dividend • Dec 04First half dividend of JP¥42.00 announcedShareholders will receive a dividend of JP¥42.00. Ex-date: 28th March 2025 Payment date: 24th June 2025 Dividend yield will be 176%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (19% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 28% 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 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 13Full year 2026 earnings released: EPS: JP¥81.77 (vs JP¥55.62 in FY 2025)Full year 2026 results: EPS: JP¥81.77 (up from JP¥55.62 in FY 2025). Revenue: JP¥24.4b (up 18% from FY 2025). Net income: JP¥4.89b (up 47% from FY 2025). Profit margin: 20% (up from 16% in FY 2025). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 2 years compared to a 6.1% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
お知らせ • May 12Business Engineering Corporation, Annual General Meeting, Jun 19, 2026Business Engineering Corporation, Annual General Meeting, Jun 19, 2026.
お知らせ • May 09Business Engineering Corporation to Report Fiscal Year 2026 Results on May 12, 2026Business Engineering Corporation announced that they will report fiscal year 2026 results on May 12, 2026
Buy Or Sell Opportunity • Apr 15Now 21% overvaluedOver the last 90 days, the stock has fallen 22% to €6.85. The fair value is estimated to be €5.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 5.1% in 2 years. Earnings are forecast to grow by 8.1% in the next 2 years.
Buy Or Sell Opportunity • Mar 25Now 21% overvaluedOver the last 90 days, the stock has fallen 23% to €6.80. The fair value is estimated to be €5.60, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 5.1% in 2 years. Earnings are forecast to grow by 8.1% in the next 2 years.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥26.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 36% and the cash payout ratio is 88%. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.0%).
Reported Earnings • Feb 08Third quarter 2026 earnings releasedThird quarter 2026 results: Revenue: JP¥6.30b (up 22% from 3Q 2025). Net income: JP¥1.21b (up 44% from 3Q 2025). Profit margin: 19% (up from 16% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the IT industry in Germany.
Buy Or Sell Opportunity • Jan 23Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 19% to €8.50. The fair value is estimated to be €7.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 20% in the next 2 years.
お知らせ • Dec 27Business Engineering Corporation to Report Q3, 2026 Results on Feb 06, 2026Business Engineering Corporation announced that they will report Q3, 2026 results on Feb 06, 2026
Buy Or Sell Opportunity • Dec 09Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 26% to €43.20. The fair value is estimated to be €35.63, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 20% in the next 2 years.
Declared Dividend • Dec 03First half dividend of JP¥110 announcedShareholders will receive a dividend of JP¥110. Ex-date: 30th March 2026 Payment date: 23rd June 2026 Dividend yield will be 264%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (39% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 41% 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.
Reported Earnings • Nov 09Second quarter 2026 earnings released: EPS: JP¥93.32 (vs JP¥71.40 in 2Q 2025)Second quarter 2026 results: EPS: JP¥93.32 (up from JP¥71.40 in 2Q 2025). Revenue: JP¥6.24b (up 24% from 2Q 2025). Net income: JP¥1.12b (up 31% from 2Q 2025). Profit margin: 18% (in line with 2Q 2025). Revenue is forecast to grow 6.4% 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 22% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Sep 26Business Engineering Corporation to Report Q2, 2026 Results on Nov 07, 2025Business Engineering Corporation announced that they will report Q2, 2026 results on Nov 07, 2025
Upcoming Dividend • Sep 22Upcoming dividend of JP¥78.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 31% and the cash payout ratio is 78%. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (2.4%).
Reported Earnings • Aug 10First quarter 2026 earnings released: EPS: JP¥114 (vs JP¥67.06 in 1Q 2025)First quarter 2026 results: EPS: JP¥114 (up from JP¥67.06 in 1Q 2025). Revenue: JP¥6.04b (up 20% from 1Q 2025). Net income: JP¥1.37b (up 71% from 1Q 2025). Profit margin: 23% (up from 16% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.2% 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 19% per year whereas the company’s share price has increased by 24% per year.
Valuation Update With 7 Day Price Move • Aug 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €34.00, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the IT industry in Germany. Total returns to shareholders of 105% over the past three years.
Declared Dividend • Jul 09Final dividend of JP¥78.00 announcedShareholders will receive a dividend of JP¥78.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 265%, 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 (78% cash payout ratio). The dividend has increased by an average of 36% 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.
お知らせ • Jun 29Business Engineering Corporation to Report Q1, 2026 Results on Aug 08, 2025Business Engineering Corporation announced that they will report Q1, 2026 results on Aug 08, 2025
Reported Earnings • Jun 24Full year 2025 earnings released: EPS: JP¥278 (vs JP¥219 in FY 2024)Full year 2025 results: EPS: JP¥278 (up from JP¥219 in FY 2024). Revenue: JP¥20.8b (up 6.6% from FY 2024). Net income: JP¥3.33b (up 27% from FY 2024). Profit margin: 16% (up from 14% in FY 2024). 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 6.3% 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 increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 15Full year 2025 earnings released: EPS: JP¥278 (vs JP¥219 in FY 2024)Full year 2025 results: EPS: JP¥278 (up from JP¥219 in FY 2024). Revenue: JP¥20.8b (up 6.6% from FY 2024). Net income: JP¥3.33b (up 27% from FY 2024). Profit margin: 16% (up from 14% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year and the company’s share price has also increased by 19% per year.
お知らせ • May 13Business Engineering Corporation, Annual General Meeting, Jun 20, 2025Business Engineering Corporation, Annual General Meeting, Jun 20, 2025.
お知らせ • Mar 27Business Engineering Corporation to Report Fiscal Year 2025 Results on May 13, 2025Business Engineering Corporation announced that they will report fiscal year 2025 results on May 13, 2025
Upcoming Dividend • Mar 21Upcoming dividend of JP¥58.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.4%). Higher than average of industry peers (2.3%).
Reported Earnings • Feb 09Third quarter 2025 earnings released: EPS: JP¥70.07 (vs JP¥57.54 in 3Q 2024)Third quarter 2025 results: EPS: JP¥70.07 (up from JP¥57.54 in 3Q 2024). Revenue: JP¥5.17b (up 8.0% from 3Q 2024). Net income: JP¥839.0m (up 22% from 3Q 2024). Profit margin: 16% (up from 14% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.8% 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 19% per year whereas the company’s share price has increased by 22% per year.
Buy Or Sell Opportunity • Feb 07Now 20% overvaluedOver the last 90 days, the stock has fallen 3.3% to €23.80. The fair value is estimated to be €19.78, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 11% in the next 2 years.
お知らせ • Jan 03Business Engineering Corporation to Report Q3, 2025 Results on Feb 07, 2025Business Engineering Corporation announced that they will report Q3, 2025 results on Feb 07, 2025
Declared Dividend • Dec 04First half dividend of JP¥42.00 announcedShareholders will receive a dividend of JP¥42.00. Ex-date: 28th March 2025 Payment date: 24th June 2025 Dividend yield will be 176%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (19% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 28% 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 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 15Second quarter 2025 earnings released: EPS: JP¥71.40 (vs JP¥63.31 in 2Q 2024)Second quarter 2025 results: EPS: JP¥71.40 (up from JP¥63.31 in 2Q 2024). Revenue: JP¥5.05b (down 1.1% from 2Q 2024). Net income: JP¥855.0m (up 13% from 2Q 2024). Profit margin: 17% (up from 15% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 23% per year.
お知らせ • Sep 26Business Engineering Corporation to Report Q2, 2025 Results on Nov 12, 2024Business Engineering Corporation announced that they will report Q2, 2025 results on Nov 12, 2024
Upcoming Dividend • Sep 20Upcoming dividend of JP¥42.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.9%).
Reported Earnings • Aug 07First quarter 2025 earnings released: EPS: JP¥67.06 (vs JP¥57.00 in 1Q 2024)First quarter 2025 results: EPS: JP¥67.06 (up from JP¥57.00 in 1Q 2024). Revenue: JP¥5.04b (up 7.2% from 1Q 2024). Net income: JP¥803.0m (up 17% from 1Q 2024). Profit margin: 16% (up from 14% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.4% 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 27% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €20.80, 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 84% over the past three years.
Buy Or Sell Opportunity • Aug 02Now 21% undervaluedOver the last 90 days, the stock has risen 18% to €24.40. The fair value is estimated to be €30.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 6.4% per annum over the same time period.
Declared Dividend • Jul 11Final dividend of JP¥42.00 announcedShareholders will receive a dividend of JP¥42.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 185%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 28% 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 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Jul 02Now 12% undervaluedOver the last 90 days, the stock has risen 2.8% to €22.00. The fair value is estimated to be €25.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 6.4% per annum over the same time period.
お知らせ • Jun 27Business Engineering Corporation to Report Q1, 2025 Results on Aug 02, 2024Business Engineering Corporation announced that they will report Q1, 2025 results on Aug 02, 2024
Buy Or Sell Opportunity • Jun 21Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to €20.20. The fair value is estimated to be €25.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 6.4% per annum over the same time period.
Buy Or Sell Opportunity • Jun 18Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to €20.40. The fair value is estimated to be €25.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 6.4% per annum over the same time period.
Buy Or Sell Opportunity • Jun 12Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to €20.40. The fair value is estimated to be €25.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 6.4% per annum over the same time period.
お知らせ • May 18+ 2 more updatesBusiness Engineering Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2025Business Engineering Corporation provided dividend guidance for the fiscal year ending March 31, 2025. for the year end, the company expects dividend of JPY 42.00 per share against JPY 46.00 per share a year ago.
Buy Or Sell Opportunity • May 15Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to €20.60. The fair value is estimated to be €26.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 28%. Revenue is forecast to grow by 10% in 2 years. Earnings are forecast to grow by 12% in the next 2 years.
Reported Earnings • May 13Full year 2024 earnings released: EPS: JP¥219 (vs JP¥194 in FY 2023)Full year 2024 results: EPS: JP¥219 (up from JP¥194 in FY 2023). Revenue: JP¥19.5b (up 5.3% from FY 2023). Net income: JP¥2.63b (up 13% from FY 2023). Profit margin: 14% (in line with FY 2023). Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
お知らせ • May 12Business Engineering Corporation, Annual General Meeting, Jun 21, 2024Business Engineering Corporation, Annual General Meeting, Jun 21, 2024.
Buy Or Sell Opportunity • Apr 25Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 27% to €20.80. The fair value is estimated to be €26.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.3% over the last 3 years. Earnings per share has grown by 30%. Revenue is forecast to grow by 9.5% in 2 years. Earnings are forecast to grow by 5.2% in the next 2 years.
Buy Or Sell Opportunity • Apr 03Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 18% to €21.20. The fair value is estimated to be €26.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.3% over the last 3 years. Earnings per share has grown by 30%. Revenue is forecast to grow by 9.5% in 2 years. Earnings are forecast to grow by 5.2% in the next 2 years.
お知らせ • Mar 27Business Engineering Corporation to Report Fiscal Year 2024 Results on May 10, 2024Business Engineering Corporation announced that they will report fiscal year 2024 results on May 10, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥44.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.9%). In line with average of industry peers (2.2%).
お知らせ • Feb 24Business Engineering Corporation (TSE:4828) agreed to acquire an unknown stake in Aureole Information Technology Inc.Business Engineering Corporation (TSE:4828) agreed to acquire an unknown stake in Aureole Information Technology Inc on February 22, 2024.
Reported Earnings • Feb 11Third quarter 2024 earnings released: EPS: JP¥57.54 (vs JP¥52.08 in 3Q 2023)Third quarter 2024 results: EPS: JP¥57.54 (up from JP¥52.08 in 3Q 2023). Revenue: JP¥4.78b (down 1.9% from 3Q 2023). Net income: JP¥689.0m (up 10% from 3Q 2023). Profit margin: 14% (up from 13% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.9% 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 26% per year.
お知らせ • Dec 28Business Engineering Corporation to Report Q3, 2024 Results on Feb 09, 2024Business Engineering Corporation announced that they will report Q3, 2024 results on Feb 09, 2024
Reported Earnings • Nov 12Second quarter 2024 earnings released: EPS: JP¥63.31 (vs JP¥42.92 in 2Q 2023)Second quarter 2024 results: EPS: JP¥63.31 (up from JP¥42.92 in 2Q 2023). Revenue: JP¥5.11b (up 14% from 2Q 2023). Net income: JP¥759.0m (up 47% from 2Q 2023). Profit margin: 15% (up from 12% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.0% 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 30% 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 • Oct 06Business Engineering Corporation to Report Q2, 2024 Results on Nov 10, 2023Business Engineering Corporation announced that they will report Q2, 2024 results on Nov 10, 2023
Buying Opportunity • Oct 03Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 2.0%. The fair value is estimated to be €25.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 29%.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥32.00 per share at 1.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 32% 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 (2.2%).
お知らせ • Aug 18+ 1 more updateBusiness Engineering Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024Business Engineering Corporation provided dividend guidance for the fiscal year ending March 31, 2024. For the period, the company expects dividend to be JPY 32.00 per share compared to JPY 43.00 per share a year ago.
Reported Earnings • Aug 09First quarter 2024 earnings released: EPS: JP¥57.00 (vs JP¥47.92 in 1Q 2023)First quarter 2024 results: EPS: JP¥57.00 (up from JP¥47.92 in 1Q 2023). Revenue: JP¥4.70b (up 7.3% from 1Q 2023). Net income: JP¥684.0m (up 19% from 1Q 2023). Profit margin: 14% (up from 13% in 1Q 2023). The increase in margin was driven by higher revenue. 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 17% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Jul 07Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 4.8%. The fair value is estimated to be €24.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 30%.
お知らせ • Jul 07Business Engineering Corporation to Report Q1, 2024 Results on Aug 04, 2023Business Engineering Corporation announced that they will report Q1, 2024 results on Aug 04, 2023
Reported Earnings • May 15Full year 2023 earnings released: EPS: JP¥194 (vs JP¥137 in FY 2022)Full year 2023 results: EPS: JP¥194 (up from JP¥137 in FY 2022). Revenue: JP¥18.5b (up 4.2% from FY 2022). Net income: JP¥2.33b (up 42% from FY 2022). Profit margin: 13% (up from 9.3% in FY 2022). 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 32% per year.
お知らせ • May 12Business Engineering Corporation, Annual General Meeting, Jun 23, 2023Business Engineering Corporation, Annual General Meeting, Jun 23, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥43.00 per share at 2.3% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.6%).
Reported Earnings • Feb 13Third quarter 2023 earnings released: EPS: JP¥52.08 (vs JP¥42.90 in 3Q 2022)Third quarter 2023 results: EPS: JP¥52.08 (up from JP¥42.90 in 3Q 2022). Revenue: JP¥4.87b (up 11% from 3Q 2022). Net income: JP¥625.0m (up 22% from 3Q 2022). Profit margin: 13% (up from 12% in 3Q 2022). The increase in margin was driven by higher revenue. 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 10% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 09+ 1 more updateBusiness Engineering Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Business Engineering Corporation provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the period, the company expected net sales of JPY 18,300 million, operating profit of JPY 3,200 million, profit attributable to owners of parent of JPY 2,290 million and basic earnings per share of JPY 190.84.
お知らせ • Dec 29Business Engineering Corporation to Report Q3, 2023 Results on Feb 09, 2023Business Engineering Corporation announced that they will report Q3, 2023 results on Feb 09, 2023
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥42.92 (vs JP¥56.99 in 2Q 2022)Second quarter 2023 results: EPS: JP¥42.92 (down from JP¥56.99 in 2Q 2022). Revenue: JP¥4.48b (down 7.3% from 2Q 2022). Net income: JP¥515.0m (down 24% from 2Q 2022). Profit margin: 12% (down from 14% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 3 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Outside Director Naoki Shimizu was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Nov 12+ 1 more updateBusiness Engineering Corporation Provides Earnings Guidance for the Full Year Ending March 31, 2023Business Engineering Corporation provided earnings guidance for the full year ending March 31, 2023. For the full year, the company expects net sales of JPY 17,900 million, operating profit of JPY 3,000 million, profit attributable to owners of parent of JPY 2,100 million or Basic EPS of JPY 175.00.
お知らせ • Sep 30Business Engineering Corporation to Report Q2, 2023 Results on Nov 11, 2022Business Engineering Corporation announced that they will report Q2, 2023 results on Nov 11, 2022
Upcoming Dividend • Sep 22Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (1.8%).
Buying Opportunity • Aug 08Now 21% undervaluedOver the last 90 days, the stock is up 30%. The fair value is estimated to be €23.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 23%.
Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: JP¥47.92 (vs JP¥9.16 in 1Q 2022)First quarter 2023 results: EPS: JP¥47.92 (up from JP¥9.16 in 1Q 2022). Revenue: JP¥4.38b (up 9.0% from 1Q 2022). Net income: JP¥575.0m (up 428% from 1Q 2022). Profit margin: 13% (up from 2.7% in 1Q 2022). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 19% per year.
お知らせ • Aug 05+ 1 more updateBusiness Engineering Corporation Provides Earnings Guidance for the First Half of Fiscal Year 2023 and Full Year Ending March 31, 2023Business Engineering Corporation provided earnings guidance for the first half of fiscal year 2023 and full year ending March 31, 2023. For the first half, the company expected net sales of JPY 8,900 million, operating profit of JPY 1,430 million, ordinary profit of JPY 1,430 million and profit attributable to owners of parent of JPY 970 million or Basic EPS of JPY 80.83.For the full year, the company expected net sales of JPY 17,900 million, operating profit of JPY 2,600 million, ordinary profit of JPY 2,600 million and profit attributable to owners of parent of JPY 1,770 million or Basic EPS of JPY 147.50.
お知らせ • Jun 30Business Engineering Corporation to Report Q1, 2023 Results on Aug 04, 2022Business Engineering Corporation announced that they will report Q1, 2023 results on Aug 04, 2022
お知らせ • Jun 22Business Engineering Corporation Provides Earnings Guidance for the First Half of Fiscal Year 2023 and Full Year Ending March 31, 2023Business Engineering Corporation provided earnings guidance for the first half of fiscal year 2023 and full year ending March 31, 2023. For the first half, the company expected net sales of JPY 8,900 million, operating profit of JPY 1,230 million, ordinary profit of JPY 1,230 million and profit attributable to owners of parent of JPY 830 million or Basic EPS of JPY 138.33.For the full year, the company expected net sales of JPY 17,900 million, operating profit of JPY 2,600 million, ordinary profit of JPY 2,600 million and profit attributable to owners of parent of JPY 1,770 million or Basic EPS of JPY 295.00.
Reported Earnings • May 15Full year 2022 earnings released: EPS: JP¥275 (vs JP¥233 in FY 2021)Full year 2022 results: EPS: JP¥275 (up from JP¥233 in FY 2021). Revenue: JP¥17.8b (flat on FY 2021). Net income: JP¥1.64b (up 19% from FY 2021). Profit margin: 9.3% (up from 7.7% in FY 2021). Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 20% per year.
お知らせ • May 13+ 2 more updatesBusiness Engineering Corporation Provides Consolidated Earnings Guidance for the period Ending September 2022 and for the Full Year Ending March 31, 2023Business Engineering Corporation provided consolidated earnings guidance for the six months ending September 30, 2022 and for the full year ending March 31, 2023. For the period Ending September 2022, the company expected net sales to be JPY 8,900 million, Operating profit to be JPY 1,230 million, Profit attributable to owners of parent to be JPY 830 million and Earnings per share to be JPY 138.33. For the full year, the company expected net sales to be JPY 17,900 million, Operating profit to be JPY 2,600 million, Profit attributable to owners of parent to be JPY 1,770 million and Earnings per share to be JPY 295.00.
お知らせ • May 12Business Engineering Corporation, Annual General Meeting, Jun 24, 2022Business Engineering Corporation, Annual General Meeting, Jun 24, 2022.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 4 highly experienced directors. 4 independent directors (7 non-independent directors). Independent Outside Director Naoki Shimizu was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Apr 08Business Engineering Corporation to Report Fiscal Year 2022 Results on May 12, 2022Business Engineering Corporation announced that they will report fiscal year 2022 results on May 12, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥49.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (1.0%).
Reported Earnings • Feb 11Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥85.80 (up from JP¥44.30 in 3Q 2021). Revenue: JP¥4.39b (up 2.0% from 3Q 2021). Net income: JP¥514.0m (up 96% from 3Q 2021). Profit margin: 12% (up from 6.1% in 3Q 2021). The increase in margin was primarily driven by lower expenses. Revenue was in line with analyst estimates. 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 20% per year.
お知らせ • Feb 11+ 1 more updateBusiness Engineering Corporation Provides Earnings Guidance for the Full Year Ending March 2022Business Engineering Corporation provides earnings guidance for the full Year Ending March 2022. For the period, the company expects net sales of JPY 17,500 million, operating profit of JPY 2,400 million and profit attributable to owners of parent of JPY 1,630 million or basic earnings per share of JPY 272.64 per share.
Reported Earnings • Nov 17Second quarter 2022 earnings released: EPS JP¥114 (vs JP¥51.44 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥4.83b (up 11% from 2Q 2021). Net income: JP¥681.0m (up 124% from 2Q 2021). Profit margin: 14% (up from 7.0% 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 14% per year whereas the company’s share price has increased by 19% per year.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 02 December 2021. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (0.9%).
Reported Earnings • Aug 09First quarter 2022 earnings released: EPS JP¥18.32 (vs JP¥89.34 in 1Q 2021)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥4.02b (down 13% from 1Q 2021). Net income: JP¥109.0m (down 79% from 1Q 2021). Profit margin: 2.7% (down from 11% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 15% per year and the company’s share price has also increased by 15% per year.
お知らせ • Jun 23Business Engineering Corporation Provides Consolidated and Non-Consolidated Earnings Guidance for the First Half and Fiscal Full Year Ending March 31, 2022Business Engineering Corporation provided consolidated and non-consolidated earnings guidance for the first half and fiscal full year ending March 31, 2022. For the half year, on consolidated basis net sales of JPY 8,400 million, Profit of JPY 1,000 million, Profit attributable to owners of parent was JPY 670 million, basic earnings per share of JPY 112.39. For the Full year, on consolidated basis, net sales of JPY 17,900 million, Profit of JPY 2,100 million, Profit attributable to owners of parent was JPY 1,400 million, basic earnings per share of JPY 234.19. For the half year, on non-consolidated basis, net sales of JPY 8,200 million, Profit of JPY 600 million, basic earnings per share of JPY 100.65. For the Full year, on non-consolidated basis, net sales of JPY 17,500 million, Profit of JPY 1,200 million, basic earnings per share of JPY 200.74.
Reported Earnings • May 16Full year 2021 earnings released: EPS JP¥233 (vs JP¥145 in FY 2020)The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: JP¥17.9b (flat on FY 2020). Net income: JP¥1.38b (up 62% from FY 2020). Profit margin: 7.7% (up from 4.8% in FY 2020). Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 20% per year.
Upcoming Dividend • Mar 23Upcoming Dividend of JP¥48.00 Per ShareWill be paid on the 22nd of June to those who are registered shareholders by the 30th of March. The trailing yield of 2.0% is below the top quartile of German dividend payers (3.3%), but it is higher than industry peers (1.1%).
Reported Earnings • Feb 06Third quarter 2021 earnings released: EPS JP¥44.30 (vs JP¥22.10 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥4.30b (down 5.9% from 3Q 2020). Net income: JP¥262.0m (up 101% from 3Q 2020). Profit margin: 6.1% (up from 2.8% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 27% per year.
Is New 90 Day High Low • Jan 20New 90-day low: €24.74The company is down 22% from its price of €31.65 on 22 October 2020. The German market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 15% over the same period.
お知らせ • Jan 08Business Engineering Corporation to Report Q3, 2021 Results on Feb 04, 2021Business Engineering Corporation announced that they will report Q3, 2021 results on Feb 04, 2021