View Future GrowthSECOM 過去の業績過去 基準チェック /26SECOMは、平均年間5.7%の収益成長を遂げていますが、 Commercial Services業界の収益は、年間 成長しています。収益は、平均年間8.3% 4.2%収益成長率で 成長しています。 SECOMの自己資本利益率は8.5%であり、純利益率は9%です。主要情報5.73%収益成長率7.22%EPS成長率Commercial Services 業界の成長11.33%収益成長率4.17%株主資本利益率8.54%ネット・マージン8.96%次回の業績アップデート07 Aug 2026最近の業績更新お知らせ • Jun 05SECOM CO., LTD. to Report Q1, 2027 Results on Aug 07, 2026SECOM CO., LTD. announced that they will report Q1, 2027 results on Aug 07, 2026Reported Earnings • May 13Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥276 (up from JP¥260 in FY 2025). Revenue: JP¥1.26t (up 4.7% from FY 2025). Net income: JP¥112.7b (up 4.2% from FY 2025). Profit margin: 9.0% (in line with FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.8%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Commercial Services industry in Japan. 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 9% per year.お知らせ • Mar 27SECOM CO., LTD. to Report Fiscal Year 2026 Results on May 12, 2026SECOM CO., LTD. announced that they will report fiscal year 2026 results on May 12, 2026Reported Earnings • Feb 14Third quarter 2026 earnings released: EPS: JP¥72.55 (vs JP¥69.98 in 3Q 2025)Third quarter 2026 results: EPS: JP¥72.55 (up from JP¥69.98 in 3Q 2025). Revenue: JP¥316.3b (up 3.9% from 3Q 2025). Net income: JP¥29.4b (up 1.2% from 3Q 2025). Profit margin: 9.3% (in line with 3Q 2025). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% 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 • Dec 06SECOM CO., LTD. to Report Q3, 2026 Results on Feb 13, 2026SECOM CO., LTD. announced that they will report Q3, 2026 results on Feb 13, 2026Reported Earnings • Nov 12Second quarter 2026 earnings released: EPS: JP¥59.15 (vs JP¥62.13 in 2Q 2025)Second quarter 2026 results: EPS: JP¥59.15 (down from JP¥62.13 in 2Q 2025). Revenue: JP¥305.6b (up 5.7% from 2Q 2025). Net income: JP¥24.2b (down 6.2% from 2Q 2025). Profit margin: 7.9% (down from 8.9% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 9% per year.すべての更新を表示Recent updatesお知らせ • Jun 05SECOM CO., LTD. to Report Q1, 2027 Results on Aug 07, 2026SECOM CO., LTD. announced that they will report Q1, 2027 results on Aug 07, 2026Price Target Changed • Jun 02Price target increased by 10% to JP¥6,670Up from JP¥6,040, the current price target is an average from 5 analysts. New target price is 5.5% above last closing price of JP¥6,325. Stock is up 20% over the past year. The company is forecast to post earnings per share of JP¥292 for next year compared to JP¥276 last year.お知らせ • May 15SECOM CO., LTD., Annual General Meeting, Jun 26, 2026SECOM CO., LTD., Annual General Meeting, Jun 26, 2026.分析記事 • May 14SECOM CO., LTD. (TSE:9735) Just Reported Full-Year Earnings: Have Analysts Changed Their Mind On The Stock?Investors in SECOM CO., LTD. ( TSE:9735 ) had a good week, as its shares rose 8.6% to close at JP¥6,114 following the...お知らせ • May 14SECOM CO., LTD. (TSE:9735) announces an Equity Buyback for 23,000,000 shares, representing 5.69% for ¥100,000 million.SECOM CO., LTD. (TSE:9735) announces a share repurchase program. Under the program, the company will repurchase up to 23,000,000 shares, representing 5.69% of its issued share capital, for ¥100,000 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency. The program will continue through February 25, 2027 . As of March 31, 2026, the company had 404,461,149 issued shares (excluding treasury stock) and 62,138,647 treasury shares.ライブニュース • May 13Secom Reports Record Profits Raises Dividend Target and Announces ¥100b Share BuybackSecom reported record-high sales and profits across all business segments, including security, fire protection and insurance, and updated its Road Map 2027 dividend policy with a target payout ratio of around 45%. The company now forecasts an annual dividend of 120 yen per share by fiscal 2027 and plans to conduct share buybacks, while indicating that profits may be lower as investment gains normalize. Secom outlined a long-term 2040 vision centered on its ANSHIN Platform, aiming to offer more proactive, data-driven security services, and introduced a restricted stock plan to more closely link executive compensation to long-term value creation. The combination of record results, a higher dividend target and a ¥100b share buyback plan signals a clear focus on shareholder returns. At the same time, the 2040 vision and ANSHIN Platform highlight continued investment in the core security and peace-of-mind services business model. Investors may want to weigh the appeal of the richer capital return framework against the company’s indication that profits could be lower as one-off investment gains normalize, and consider how the new executive stock plan might influence management’s approach to risk and long-term growth.Reported Earnings • May 13Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥276 (up from JP¥260 in FY 2025). Revenue: JP¥1.26t (up 4.7% from FY 2025). Net income: JP¥112.7b (up 4.2% from FY 2025). Profit margin: 9.0% (in line with FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.8%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Commercial Services industry in Japan. 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 9% per year.お知らせ • Mar 27SECOM CO., LTD. to Report Fiscal Year 2026 Results on May 12, 2026SECOM CO., LTD. announced that they will report fiscal year 2026 results on May 12, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.0%).Buy Or Sell Opportunity • Mar 23Now 21% undervaluedOver the last 90 days, the stock has risen 3.0% to JP¥5,826. The fair value is estimated to be JP¥7,408, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 6.2%. For the next 3 years, revenue is forecast to grow by 2.9% per annum. Earnings are also forecast to grow by 4.3% per annum over the same time period.Buy Or Sell Opportunity • Mar 03Now 20% undervaluedOver the last 90 days, the stock has risen 8.4% to JP¥5,923. The fair value is estimated to be JP¥7,408, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 6.2%. For the next 3 years, revenue is forecast to grow by 2.9% per annum. Earnings are also forecast to grow by 4.3% per annum over the same time period.Reported Earnings • Feb 14Third quarter 2026 earnings released: EPS: JP¥72.55 (vs JP¥69.98 in 3Q 2025)Third quarter 2026 results: EPS: JP¥72.55 (up from JP¥69.98 in 3Q 2025). Revenue: JP¥316.3b (up 3.9% from 3Q 2025). Net income: JP¥29.4b (up 1.2% from 3Q 2025). Profit margin: 9.3% (in line with 3Q 2025). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% 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 13SECOM CO., LTD. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2026SECOM CO., LTD. provided consolidated earnings guidance for the fiscal year ending March 31, 2026. For the full year, the company expects net sales of JPY 1,251,000 million, operating profit of JPY 150,000 million, profit attributable to owners of parent of JPY 103,400 million and basic earnings per share of JPY 253.46.分析記事 • Jan 26Return Trends At SECOM (TSE:9735) Aren't AppealingWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...分析記事 • Dec 23Is SECOM (TSE:9735) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Declared Dividend • Dec 09First half dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 1.8%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 4.4% 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 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • Dec 08SECOM CO., LTD.'s (TSE:9735) Business Is Trailing The Market But Its Shares Aren'tSECOM CO., LTD.'s ( TSE:9735 ) price-to-earnings (or "P/E") ratio of 20.5x might make it look like a sell right now...お知らせ • Dec 06SECOM CO., LTD. to Report Q3, 2026 Results on Feb 13, 2026SECOM CO., LTD. announced that they will report Q3, 2026 results on Feb 13, 2026Buy Or Sell Opportunity • Nov 28Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.8% to JP¥5,298. The fair value is estimated to be JP¥6,700, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has grown by 7.1%. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings are also forecast to grow by 4.1% per annum over the same time period.分析記事 • Nov 13Analysts Have Made A Financial Statement On SECOM CO., LTD.'s (TSE:9735) Interim ReportLast week saw the newest half-year earnings release from SECOM CO., LTD. ( TSE:9735 ), an important milestone in the...Reported Earnings • Nov 12Second quarter 2026 earnings released: EPS: JP¥59.15 (vs JP¥62.13 in 2Q 2025)Second quarter 2026 results: EPS: JP¥59.15 (down from JP¥62.13 in 2Q 2025). Revenue: JP¥305.6b (up 5.7% from 2Q 2025). Net income: JP¥24.2b (down 6.2% from 2Q 2025). Profit margin: 7.9% (down from 8.9% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 9% per year.お知らせ • Nov 11+ 1 more updateSECOM CO., LTD. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2026SECOM CO., LTD. provided consolidated earnings guidance for the fiscal year ending March 31, 2026. For the full year, the company expects net sales of JPY 1,251,000 million, operating profit of JPY 150,000 million, profit attributable to owners of parent of JPY 103,400 million and basic earnings per share of JPY 252.62.Buy Or Sell Opportunity • Oct 15Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.0% to JP¥5,154. The fair value is estimated to be JP¥6,456, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years. Earnings per share has grown by 7.3%. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings are also forecast to grow by 3.2% per annum over the same time period.分析記事 • Oct 12Calculating The Intrinsic Value Of SECOM CO., LTD. (TSE:9735)Key Insights Using the 2 Stage Free Cash Flow to Equity, SECOM fair value estimate is JP¥6,464 With JP¥5,316 share...Upcoming Dividend • Sep 22Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 09 December 2025. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.1%).お知らせ • Sep 04SECOM CO., LTD. to Report Q2, 2026 Results on Nov 11, 2025SECOM CO., LTD. announced that they will report Q2, 2026 results on Nov 11, 2025Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥60.24 (vs JP¥58.85 in 1Q 2025)First quarter 2026 results: EPS: JP¥60.24 (up from JP¥58.85 in 1Q 2025). Revenue: JP¥288.0b (up 6.3% from 1Q 2025). Net income: JP¥24.9b (up 1.2% from 1Q 2025). Profit margin: 8.7% (down from 9.1% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 9% per year.分析記事 • Aug 01Is SECOM (TSE:9735) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...お知らせ • Jul 26SECOM CO., LTD. (TSE:9735) signed an agreement to acquire Avtel Holdings Pte. Ltd.SECOM CO., LTD. (TSE:9735) signed an agreement to acquire Avtel Holdings Pte. Ltd. on July 24, 2025. Upon completion, AVTEL will further expand its business by leveraging the business base of the Secom Group. Avtel Holdings Pte. Ltd will operate as a wholly owned subsidiary of SECOM CO., LTD. The transaction is expected to close in September 2025.分析記事 • Jul 17Subdued Growth No Barrier To SECOM CO., LTD.'s (TSE:9735) PriceWith a price-to-earnings (or "P/E") ratio of 20x SECOM CO., LTD. ( TSE:9735 ) may be sending bearish signals at the...Declared Dividend • Jul 09Final dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 29th September 2025 Payment date: 9th December 2025 Dividend yield will be 1.9%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (38% earnings payout ratio) and cash flows (57% cash payout ratio). The dividend has increased by an average of 4.4% 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 9.9% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jul 01Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: JP¥260 (up from JP¥241 in FY 2024). Revenue: JP¥1.20t (up 3.9% from FY 2024). Net income: JP¥108.1b (up 6.0% from FY 2024). Profit margin: 9.0% (up from 8.8% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year.お知らせ • Jun 26SECOM CO., LTD. Appoints Atsushi Dono as Executive Officer, Effective July 7, 2025SECOM CO., LTD. announced the appointment of Atsushi Dono as Executive Officer at the meeting of the Board of Directors held today. The date to assume the office of Executive Officer is July 7, 2025.お知らせ • Jun 10SECOM CO., LTD. to Report Q1, 2026 Results on Aug 08, 2025SECOM CO., LTD. announced that they will report Q1, 2026 results on Aug 08, 2025Reported Earnings • May 13Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: JP¥260 (up from JP¥241 in FY 2024). Revenue: JP¥1.20t (up 3.9% from FY 2024). Net income: JP¥108.1b (up 6.0% from FY 2024). Profit margin: 9.0% (up from 8.8% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year.お知らせ • May 12+ 3 more updatesSECOM CO., LTD., Annual General Meeting, Jun 26, 2025SECOM CO., LTD., Annual General Meeting, Jun 26, 2025.Upcoming Dividend • Mar 21Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (2.1%).お知らせ • Mar 06SECOM CO., LTD. to Report Fiscal Year 2025 Results on May 12, 2025SECOM CO., LTD. announced that they will report fiscal year 2025 results on May 12, 2025Reported Earnings • Feb 13Third quarter 2025 earnings released: EPS: JP¥69.98 (vs JP¥64.48 in 3Q 2024)Third quarter 2025 results: EPS: JP¥69.98 (up from JP¥64.48 in 3Q 2024). Revenue: JP¥304.4b (up 4.7% from 3Q 2024). Net income: JP¥29.0b (up 7.0% from 3Q 2024). Profit margin: 9.5% (in line with 3Q 2024). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Commercial Services industry in Japan. 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 7% per year.お知らせ • Dec 07SECOM CO., LTD. to Report Q3, 2025 Results on Feb 12, 2025SECOM CO., LTD. announced that they will report Q3, 2025 results on Feb 12, 2025Reported Earnings • Nov 09Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: JP¥289.2b (up 3.4% from 2Q 2024). Net income: JP¥25.8b (up 15% from 2Q 2024). Profit margin: 8.9% (up from 8.0% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Commercial Services industry in Japan.Upcoming Dividend • Sep 20Upcoming dividend of JP¥95.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.0%).お知らせ • Sep 18SECOM CO., LTD. to Report Q2, 2025 Results on Nov 08, 2024SECOM CO., LTD. announced that they will report Q2, 2025 results on Nov 08, 2024Reported Earnings • Aug 13First quarter 2025 earnings released: EPS: JP¥118 (vs JP¥126 in 1Q 2024)First quarter 2025 results: EPS: JP¥118 (down from JP¥126 in 1Q 2024). Revenue: JP¥271.0b (up 2.3% from 1Q 2024). Net income: JP¥24.7b (down 7.9% from 1Q 2024). Profit margin: 9.1% (down from 10% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 5% per year.Buy Or Sell Opportunity • Aug 01Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to JP¥9,411. The fair value is estimated to be JP¥12,026, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Earnings per share has grown by 8.9%. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings are also forecast to grow by 1.8% per annum over the same time period.お知らせ • Jun 13SECOM CO., LTD. to Report Q1, 2025 Results on Aug 09, 2024SECOM CO., LTD. announced that they will report Q1, 2025 results on Aug 09, 2024Reported Earnings • May 12Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥482 (up from JP¥445 in FY 2023). Revenue: JP¥1.15t (up 4.9% from FY 2023). Net income: JP¥102.0b (up 6.1% from FY 2023). Profit margin: 8.8% (up from 8.7% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.7%. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 7% per year.お知らせ • May 12SECOM CO., LTD., Annual General Meeting, Jun 25, 2024SECOM CO., LTD., Annual General Meeting, Jun 25, 2024.Upcoming Dividend • Mar 21Upcoming dividend of JP¥95.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (1.8%).お知らせ • Mar 09SECOM CO., LTD. to Report Fiscal Year 2024 Results on May 10, 2024SECOM CO., LTD. announced that they will report fiscal year 2024 results on May 10, 2024Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥129 (vs JP¥130 in 3Q 2023)Third quarter 2024 results: EPS: JP¥129 (down from JP¥130 in 3Q 2023). Revenue: JP¥290.9b (up 4.2% from 3Q 2023). Net income: JP¥27.1b (down 3.1% from 3Q 2023). Profit margin: 9.3% (in line with 3Q 2023). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 08SECOM CO., LTD. to Report Q3, 2024 Results on Feb 08, 2024SECOM CO., LTD. announced that they will report Q3, 2024 results on Feb 08, 2024Reported Earnings • Nov 10Second quarter 2024 earnings released: EPS: JP¥106 (vs JP¥96.66 in 2Q 2023)Second quarter 2024 results: EPS: JP¥106 (up from JP¥96.66 in 2Q 2023). Revenue: JP¥279.7b (up 4.0% from 2Q 2023). Net income: JP¥22.4b (up 7.5% from 2Q 2023). Profit margin: 8.0% (up from 7.8% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 21Upcoming dividend of JP¥95.00 per share at 1.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 08 December 2023. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.3%). In line with average of industry peers (1.9%).お知らせ • Sep 10SECOM CO., LTD. to Report Q2, 2024 Results on Nov 09, 2023SECOM CO., LTD. announced that they will report Q2, 2024 results on Nov 09, 2023Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥126 (vs JP¥107 in 1Q 2023)First quarter 2024 results: EPS: JP¥126 (up from JP¥107 in 1Q 2023). Revenue: JP¥265.1b (up 7.7% from 1Q 2023). Net income: JP¥26.8b (up 16% from 1Q 2023). Profit margin: 10% (in line with 1Q 2023). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Commercial Services industry in Japan. 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.お知らせ • Aug 04Marubeni Corporation (TSE:8002) and SECOM CO., LTD. (TSE:9735) completed the acquisition of 41.082296% stake in ARTERIA Networks Corporation (TSE:4423).Marubeni Corporation (TSE:8002) and SECOM CO., LTD. (TSE:9735) made an offer to acquire 49.940187% stake in ARTERIA Networks Corporation (TSE:4423) for ¥49 billion on May 11, 2023. As of July 4, 2023 all the conditions are fulfilled. The transaction is expected to close on August 2, 2023. Nomura Securities Co., Ltd. acted as financial advisor to Marubeni Corporation (TSE:8002) and SECOM CO., LTD. (TSE:9735). Nishimura & Asahi acted as legal advisor to Marubeni Corporation. Nagashima Ohno & Tsunematsu acted as legal advisor to SECOM CO., LTD. (TSE:9735). Wadakura Gate Law Office acted as legal advisor to ARTERIA Networks Corporation. Daiwa Securities Co. Ltd. and Sangyo Sosei Advisory Inc. acted as financial advisor to ARTERIA Networks Corporation.DC Advisory acted as a financial advisor to ARTERIA Networks Corporation. Marubeni Corporation (TSE:8002) and SECOM CO., LTD. (TSE:9735) completed the acquisition of 41.082296% stake in ARTERIA Networks Corporation (TSE:4423) on August 2, 2023.お知らせ • Jun 10SECOM CO., LTD. to Report Q1, 2024 Results on Aug 09, 2023SECOM CO., LTD. announced that they will report Q1, 2024 results on Aug 09, 2023Reported Earnings • May 13Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥445 (up from JP¥431 in FY 2022). Revenue: JP¥1.10t (up 4.9% from FY 2022). Net income: JP¥96.1b (up 1.9% from FY 2022). Profit margin: 8.7% (down from 9.0% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.9%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • May 13SECOM CO., LTD., Annual General Meeting, Jun 27, 2023SECOM CO., LTD., Annual General Meeting, Jun 27, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥95.00 per share at 2.3% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.2%).Reported Earnings • Feb 12Third quarter 2023 earnings: EPS exceeds analyst expectationsThird quarter 2023 results: EPS: JP¥130 (up from JP¥116 in 3Q 2022). Revenue: JP¥279.2b (up 5.9% from 3Q 2022). Net income: JP¥28.0b (up 10% from 3Q 2022). Profit margin: 10.0% (in line with 3Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Buying Opportunity • Jan 05Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be JP¥9,349, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 2.6% per annum. Earnings is also forecast to grow by 4.2% per annum over the same time period.お知らせ • Dec 07SECOM CO., LTD. to Report Q3, 2023 Results on Feb 09, 2023SECOM CO., LTD. announced that they will report Q3, 2023 results on Feb 09, 2023Reported Earnings • Nov 16Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: JP¥96.66 (down from JP¥110 in 2Q 2022). Revenue: JP¥269.0b (up 4.1% from 2Q 2022). Net income: JP¥20.9b (down 14% from 2Q 2022). Profit margin: 7.8% (down from 9.3% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.4%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.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 an independent director. The company's board is composed of: 1 new director. 8 experienced directors. 3 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Outside Director Miri Hara was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 12Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: JP¥96.66 (down from JP¥110 in 2Q 2022). Revenue: JP¥269.0b (up 4.1% from 2Q 2022). Net income: JP¥20.9b (down 14% from 2Q 2022). Profit margin: 7.8% (down from 9.3% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.4%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Buying Opportunity • Nov 02Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 5.5%. The fair value is estimated to be JP¥10,546, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings is also forecast to grow by 4.2% per annum over the same time period.Upcoming Dividend • Sep 22Upcoming dividend of JP¥90.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 08 December 2022. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (2.3%).Reported Earnings • Aug 11First quarter 2023 earnings released: EPS: JP¥107 (vs JP¥109 in 1Q 2022)First quarter 2023 results: EPS: JP¥107 (down from JP¥109 in 1Q 2022). Revenue: JP¥246.1b (flat on 1Q 2022). Net income: JP¥23.1b (down 3.5% from 1Q 2022). Profit margin: 9.4% (in line with 1Q 2022). Over the next year, revenue is forecast to grow 4.1%, compared to a 5.0% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has remained flat.Reported Earnings • May 16Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: JP¥431 (up from JP¥342 in FY 2021). Revenue: JP¥1.05t (up 1.3% from FY 2021). Net income: JP¥94.3b (up 26% from FY 2021). Profit margin: 9.0% (up from 7.2% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.9%. Over the next year, revenue is forecast to grow 2.9%, compared to a 2.2% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 3% per year.Buying Opportunity • May 13Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 1.8%. The fair value is estimated to be JP¥10,441, 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 declined by 3.0%. For the next 3 years, revenue is forecast to grow by 2.1% per annum. Earnings is also forecast to grow by 2.6% per annum over the same time period.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Outside Director Miri Hara was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Mar 23Upcoming dividend of JP¥90.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (2.1%).Buying Opportunity • Mar 11Now 21% undervaluedOver the last 90 days, the stock is up 5.9%. The fair value is estimated to be JP¥10,442, 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 declined by 3.0% per annum over the last 3 years.Buying Opportunity • Feb 24Now 21% undervaluedOver the last 90 days, the stock is up 6.7%. The fair value is estimated to be JP¥10,665, 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 declined by 3.0% per annum over the last 3 years.Reported Earnings • Feb 12Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: JP¥116 (up from JP¥99.78 in 3Q 2021). Revenue: JP¥263.7b (flat on 3Q 2021). Net income: JP¥25.4b (up 16% from 3Q 2021). Profit margin: 9.6% (up from 8.3% in 3Q 2021). Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates by 7.1%. Over the next year, revenue is forecast to grow 2.6%, compared to a 2.5% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 3% per year and the company’s share price has also fallen by 3% per year.Reported Earnings • Nov 11Second quarter 2022 earnings released: EPS JP¥110 (vs JP¥60.53 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥258.4b (up 2.5% from 2Q 2021). Net income: JP¥24.1b (up 83% from 2Q 2021). Profit margin: 9.3% (up from 5.2% in 2Q 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 4% per year.Upcoming Dividend • Sep 22Upcoming dividend of JP¥85.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 07 December 2021. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.9%).Reported Earnings • May 16Full year 2021 earnings released: EPS JP¥342 (vs JP¥408 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥1.04t (down 2.3% from FY 2020). Net income: JP¥74.7b (down 16% from FY 2020). Profit margin: 7.2% (down from 8.4% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.収支内訳SECOM の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TSE:9735 収益、費用、利益 ( )JPY Millions日付収益収益G+A経費研究開発費31 Mar 261,256,896112,662214,813031 Dec 251,245,132107,129212,629030 Sep 251,233,293106,790209,506030 Jun 251,216,618107,450206,221031 Mar 251,199,942108,109203,111031 Dec 241,183,729105,050199,617030 Sep 241,170,186103,150197,691030 Jun 241,160,71299,822196,177031 Mar 241,154,740101,951194,307031 Dec 231,142,611100,509191,441030 Sep 231,130,949101,374189,606030 Jun 231,120,25699,805187,723031 Mar 231,101,30796,085184,618031 Dec 221,077,86192,822182,061030 Sep 221,062,30990,193179,597030 Jun 221,051,70593,437175,461031 Mar 221,049,85994,273174,517031 Dec 211,049,13893,916175,621030 Sep 211,047,35490,334175,207030 Jun 211,041,06279,430176,410031 Mar 211,035,89874,681175,507031 Dec 201,047,14275,396175,158030 Sep 201,047,49878,072176,005030 Jun 201,060,18087,821175,395031 Mar 201,060,07089,080175,678031 Dec 191,052,84890,328175,692030 Sep 191,046,61490,802174,320030 Jun 191,023,82085,056174,145031 Mar 191,013,82392,009173,154031 Dec 181,004,74593,386170,353030 Sep 18994,77690,226169,535030 Jun 18983,42193,768167,841031 Mar 18970,62486,993166,116031 Dec 17950,80081,240165,398030 Sep 17934,84384,655163,174030 Jun 17931,18084,710162,257031 Mar 17928,09884,170161,303031 Dec 16928,46681,257161,525030 Sep 16912,22477,851160,010030 Jun 16895,95176,566158,111031 Mar 16881,02877,039155,559031 Dec 15863,78977,523153,097030 Sep 15856,23274,256151,997030 Jun 15848,72072,993150,9380質の高い収益: 9735は 高品質の収益 を持っています。利益率の向上: 9735の現在の純利益率 (9%)は、昨年(9%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 9735の収益は過去 5 年間で年間5.7%増加しました。成長の加速: 9735の過去 1 年間の収益成長率 ( 4.2% ) は、5 年間の平均 ( 年間5.7%を下回っています。収益対業界: 9735の過去 1 年間の収益成長率 ( 4.2% ) Commercial Services業界8.6%を上回りませんでした。株主資本利益率高いROE: 9735の 自己資本利益率 ( 8.5% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YCommercial-services 、過去の業績が好調な企業。View Financial Health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2026/06/20 19:18終値2026/06/19 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このレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋SECOM CO., LTD. 5 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。12 アナリスト機関Masaaki KitamiBofA Global ResearchSoichiro FukudaCitigroup IncSatoru SekineDaiwa Securities Co. Ltd.9 その他のアナリストを表示
お知らせ • Jun 05SECOM CO., LTD. to Report Q1, 2027 Results on Aug 07, 2026SECOM CO., LTD. announced that they will report Q1, 2027 results on Aug 07, 2026
Reported Earnings • May 13Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥276 (up from JP¥260 in FY 2025). Revenue: JP¥1.26t (up 4.7% from FY 2025). Net income: JP¥112.7b (up 4.2% from FY 2025). Profit margin: 9.0% (in line with FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.8%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Commercial Services industry in Japan. 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 9% per year.
お知らせ • Mar 27SECOM CO., LTD. to Report Fiscal Year 2026 Results on May 12, 2026SECOM CO., LTD. announced that they will report fiscal year 2026 results on May 12, 2026
Reported Earnings • Feb 14Third quarter 2026 earnings released: EPS: JP¥72.55 (vs JP¥69.98 in 3Q 2025)Third quarter 2026 results: EPS: JP¥72.55 (up from JP¥69.98 in 3Q 2025). Revenue: JP¥316.3b (up 3.9% from 3Q 2025). Net income: JP¥29.4b (up 1.2% from 3Q 2025). Profit margin: 9.3% (in line with 3Q 2025). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% 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 • Dec 06SECOM CO., LTD. to Report Q3, 2026 Results on Feb 13, 2026SECOM CO., LTD. announced that they will report Q3, 2026 results on Feb 13, 2026
Reported Earnings • Nov 12Second quarter 2026 earnings released: EPS: JP¥59.15 (vs JP¥62.13 in 2Q 2025)Second quarter 2026 results: EPS: JP¥59.15 (down from JP¥62.13 in 2Q 2025). Revenue: JP¥305.6b (up 5.7% from 2Q 2025). Net income: JP¥24.2b (down 6.2% from 2Q 2025). Profit margin: 7.9% (down from 8.9% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 9% per year.
お知らせ • Jun 05SECOM CO., LTD. to Report Q1, 2027 Results on Aug 07, 2026SECOM CO., LTD. announced that they will report Q1, 2027 results on Aug 07, 2026
Price Target Changed • Jun 02Price target increased by 10% to JP¥6,670Up from JP¥6,040, the current price target is an average from 5 analysts. New target price is 5.5% above last closing price of JP¥6,325. Stock is up 20% over the past year. The company is forecast to post earnings per share of JP¥292 for next year compared to JP¥276 last year.
お知らせ • May 15SECOM CO., LTD., Annual General Meeting, Jun 26, 2026SECOM CO., LTD., Annual General Meeting, Jun 26, 2026.
分析記事 • May 14SECOM CO., LTD. (TSE:9735) Just Reported Full-Year Earnings: Have Analysts Changed Their Mind On The Stock?Investors in SECOM CO., LTD. ( TSE:9735 ) had a good week, as its shares rose 8.6% to close at JP¥6,114 following the...
お知らせ • May 14SECOM CO., LTD. (TSE:9735) announces an Equity Buyback for 23,000,000 shares, representing 5.69% for ¥100,000 million.SECOM CO., LTD. (TSE:9735) announces a share repurchase program. Under the program, the company will repurchase up to 23,000,000 shares, representing 5.69% of its issued share capital, for ¥100,000 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency. The program will continue through February 25, 2027 . As of March 31, 2026, the company had 404,461,149 issued shares (excluding treasury stock) and 62,138,647 treasury shares.
ライブニュース • May 13Secom Reports Record Profits Raises Dividend Target and Announces ¥100b Share BuybackSecom reported record-high sales and profits across all business segments, including security, fire protection and insurance, and updated its Road Map 2027 dividend policy with a target payout ratio of around 45%. The company now forecasts an annual dividend of 120 yen per share by fiscal 2027 and plans to conduct share buybacks, while indicating that profits may be lower as investment gains normalize. Secom outlined a long-term 2040 vision centered on its ANSHIN Platform, aiming to offer more proactive, data-driven security services, and introduced a restricted stock plan to more closely link executive compensation to long-term value creation. The combination of record results, a higher dividend target and a ¥100b share buyback plan signals a clear focus on shareholder returns. At the same time, the 2040 vision and ANSHIN Platform highlight continued investment in the core security and peace-of-mind services business model. Investors may want to weigh the appeal of the richer capital return framework against the company’s indication that profits could be lower as one-off investment gains normalize, and consider how the new executive stock plan might influence management’s approach to risk and long-term growth.
Reported Earnings • May 13Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥276 (up from JP¥260 in FY 2025). Revenue: JP¥1.26t (up 4.7% from FY 2025). Net income: JP¥112.7b (up 4.2% from FY 2025). Profit margin: 9.0% (in line with FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.8%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Commercial Services industry in Japan. 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 9% per year.
お知らせ • Mar 27SECOM CO., LTD. to Report Fiscal Year 2026 Results on May 12, 2026SECOM CO., LTD. announced that they will report fiscal year 2026 results on May 12, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.0%).
Buy Or Sell Opportunity • Mar 23Now 21% undervaluedOver the last 90 days, the stock has risen 3.0% to JP¥5,826. The fair value is estimated to be JP¥7,408, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 6.2%. For the next 3 years, revenue is forecast to grow by 2.9% per annum. Earnings are also forecast to grow by 4.3% per annum over the same time period.
Buy Or Sell Opportunity • Mar 03Now 20% undervaluedOver the last 90 days, the stock has risen 8.4% to JP¥5,923. The fair value is estimated to be JP¥7,408, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 6.2%. For the next 3 years, revenue is forecast to grow by 2.9% per annum. Earnings are also forecast to grow by 4.3% per annum over the same time period.
Reported Earnings • Feb 14Third quarter 2026 earnings released: EPS: JP¥72.55 (vs JP¥69.98 in 3Q 2025)Third quarter 2026 results: EPS: JP¥72.55 (up from JP¥69.98 in 3Q 2025). Revenue: JP¥316.3b (up 3.9% from 3Q 2025). Net income: JP¥29.4b (up 1.2% from 3Q 2025). Profit margin: 9.3% (in line with 3Q 2025). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% 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 13SECOM CO., LTD. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2026SECOM CO., LTD. provided consolidated earnings guidance for the fiscal year ending March 31, 2026. For the full year, the company expects net sales of JPY 1,251,000 million, operating profit of JPY 150,000 million, profit attributable to owners of parent of JPY 103,400 million and basic earnings per share of JPY 253.46.
分析記事 • Jan 26Return Trends At SECOM (TSE:9735) Aren't AppealingWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
分析記事 • Dec 23Is SECOM (TSE:9735) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Declared Dividend • Dec 09First half dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 1.8%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 4.4% 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 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • Dec 08SECOM CO., LTD.'s (TSE:9735) Business Is Trailing The Market But Its Shares Aren'tSECOM CO., LTD.'s ( TSE:9735 ) price-to-earnings (or "P/E") ratio of 20.5x might make it look like a sell right now...
お知らせ • Dec 06SECOM CO., LTD. to Report Q3, 2026 Results on Feb 13, 2026SECOM CO., LTD. announced that they will report Q3, 2026 results on Feb 13, 2026
Buy Or Sell Opportunity • Nov 28Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.8% to JP¥5,298. The fair value is estimated to be JP¥6,700, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has grown by 7.1%. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings are also forecast to grow by 4.1% per annum over the same time period.
分析記事 • Nov 13Analysts Have Made A Financial Statement On SECOM CO., LTD.'s (TSE:9735) Interim ReportLast week saw the newest half-year earnings release from SECOM CO., LTD. ( TSE:9735 ), an important milestone in the...
Reported Earnings • Nov 12Second quarter 2026 earnings released: EPS: JP¥59.15 (vs JP¥62.13 in 2Q 2025)Second quarter 2026 results: EPS: JP¥59.15 (down from JP¥62.13 in 2Q 2025). Revenue: JP¥305.6b (up 5.7% from 2Q 2025). Net income: JP¥24.2b (down 6.2% from 2Q 2025). Profit margin: 7.9% (down from 8.9% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 9% per year.
お知らせ • Nov 11+ 1 more updateSECOM CO., LTD. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2026SECOM CO., LTD. provided consolidated earnings guidance for the fiscal year ending March 31, 2026. For the full year, the company expects net sales of JPY 1,251,000 million, operating profit of JPY 150,000 million, profit attributable to owners of parent of JPY 103,400 million and basic earnings per share of JPY 252.62.
Buy Or Sell Opportunity • Oct 15Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.0% to JP¥5,154. The fair value is estimated to be JP¥6,456, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years. Earnings per share has grown by 7.3%. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings are also forecast to grow by 3.2% per annum over the same time period.
分析記事 • Oct 12Calculating The Intrinsic Value Of SECOM CO., LTD. (TSE:9735)Key Insights Using the 2 Stage Free Cash Flow to Equity, SECOM fair value estimate is JP¥6,464 With JP¥5,316 share...
Upcoming Dividend • Sep 22Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 09 December 2025. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.1%).
お知らせ • Sep 04SECOM CO., LTD. to Report Q2, 2026 Results on Nov 11, 2025SECOM CO., LTD. announced that they will report Q2, 2026 results on Nov 11, 2025
Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥60.24 (vs JP¥58.85 in 1Q 2025)First quarter 2026 results: EPS: JP¥60.24 (up from JP¥58.85 in 1Q 2025). Revenue: JP¥288.0b (up 6.3% from 1Q 2025). Net income: JP¥24.9b (up 1.2% from 1Q 2025). Profit margin: 8.7% (down from 9.1% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 9% per year.
分析記事 • Aug 01Is SECOM (TSE:9735) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
お知らせ • Jul 26SECOM CO., LTD. (TSE:9735) signed an agreement to acquire Avtel Holdings Pte. Ltd.SECOM CO., LTD. (TSE:9735) signed an agreement to acquire Avtel Holdings Pte. Ltd. on July 24, 2025. Upon completion, AVTEL will further expand its business by leveraging the business base of the Secom Group. Avtel Holdings Pte. Ltd will operate as a wholly owned subsidiary of SECOM CO., LTD. The transaction is expected to close in September 2025.
分析記事 • Jul 17Subdued Growth No Barrier To SECOM CO., LTD.'s (TSE:9735) PriceWith a price-to-earnings (or "P/E") ratio of 20x SECOM CO., LTD. ( TSE:9735 ) may be sending bearish signals at the...
Declared Dividend • Jul 09Final dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 29th September 2025 Payment date: 9th December 2025 Dividend yield will be 1.9%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (38% earnings payout ratio) and cash flows (57% cash payout ratio). The dividend has increased by an average of 4.4% 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 9.9% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jul 01Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: JP¥260 (up from JP¥241 in FY 2024). Revenue: JP¥1.20t (up 3.9% from FY 2024). Net income: JP¥108.1b (up 6.0% from FY 2024). Profit margin: 9.0% (up from 8.8% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year.
お知らせ • Jun 26SECOM CO., LTD. Appoints Atsushi Dono as Executive Officer, Effective July 7, 2025SECOM CO., LTD. announced the appointment of Atsushi Dono as Executive Officer at the meeting of the Board of Directors held today. The date to assume the office of Executive Officer is July 7, 2025.
お知らせ • Jun 10SECOM CO., LTD. to Report Q1, 2026 Results on Aug 08, 2025SECOM CO., LTD. announced that they will report Q1, 2026 results on Aug 08, 2025
Reported Earnings • May 13Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: JP¥260 (up from JP¥241 in FY 2024). Revenue: JP¥1.20t (up 3.9% from FY 2024). Net income: JP¥108.1b (up 6.0% from FY 2024). Profit margin: 9.0% (up from 8.8% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year.
お知らせ • May 12+ 3 more updatesSECOM CO., LTD., Annual General Meeting, Jun 26, 2025SECOM CO., LTD., Annual General Meeting, Jun 26, 2025.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (2.1%).
お知らせ • Mar 06SECOM CO., LTD. to Report Fiscal Year 2025 Results on May 12, 2025SECOM CO., LTD. announced that they will report fiscal year 2025 results on May 12, 2025
Reported Earnings • Feb 13Third quarter 2025 earnings released: EPS: JP¥69.98 (vs JP¥64.48 in 3Q 2024)Third quarter 2025 results: EPS: JP¥69.98 (up from JP¥64.48 in 3Q 2024). Revenue: JP¥304.4b (up 4.7% from 3Q 2024). Net income: JP¥29.0b (up 7.0% from 3Q 2024). Profit margin: 9.5% (in line with 3Q 2024). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Commercial Services industry in Japan. 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 7% per year.
お知らせ • Dec 07SECOM CO., LTD. to Report Q3, 2025 Results on Feb 12, 2025SECOM CO., LTD. announced that they will report Q3, 2025 results on Feb 12, 2025
Reported Earnings • Nov 09Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: JP¥289.2b (up 3.4% from 2Q 2024). Net income: JP¥25.8b (up 15% from 2Q 2024). Profit margin: 8.9% (up from 8.0% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Commercial Services industry in Japan.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥95.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.0%).
お知らせ • Sep 18SECOM CO., LTD. to Report Q2, 2025 Results on Nov 08, 2024SECOM CO., LTD. announced that they will report Q2, 2025 results on Nov 08, 2024
Reported Earnings • Aug 13First quarter 2025 earnings released: EPS: JP¥118 (vs JP¥126 in 1Q 2024)First quarter 2025 results: EPS: JP¥118 (down from JP¥126 in 1Q 2024). Revenue: JP¥271.0b (up 2.3% from 1Q 2024). Net income: JP¥24.7b (down 7.9% from 1Q 2024). Profit margin: 9.1% (down from 10% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 5% per year.
Buy Or Sell Opportunity • Aug 01Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to JP¥9,411. The fair value is estimated to be JP¥12,026, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Earnings per share has grown by 8.9%. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings are also forecast to grow by 1.8% per annum over the same time period.
お知らせ • Jun 13SECOM CO., LTD. to Report Q1, 2025 Results on Aug 09, 2024SECOM CO., LTD. announced that they will report Q1, 2025 results on Aug 09, 2024
Reported Earnings • May 12Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥482 (up from JP¥445 in FY 2023). Revenue: JP¥1.15t (up 4.9% from FY 2023). Net income: JP¥102.0b (up 6.1% from FY 2023). Profit margin: 8.8% (up from 8.7% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.7%. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 7% per year.
お知らせ • May 12SECOM CO., LTD., Annual General Meeting, Jun 25, 2024SECOM CO., LTD., Annual General Meeting, Jun 25, 2024.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥95.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (1.8%).
お知らせ • Mar 09SECOM CO., LTD. to Report Fiscal Year 2024 Results on May 10, 2024SECOM CO., LTD. announced that they will report fiscal year 2024 results on May 10, 2024
Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥129 (vs JP¥130 in 3Q 2023)Third quarter 2024 results: EPS: JP¥129 (down from JP¥130 in 3Q 2023). Revenue: JP¥290.9b (up 4.2% from 3Q 2023). Net income: JP¥27.1b (down 3.1% from 3Q 2023). Profit margin: 9.3% (in line with 3Q 2023). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 08SECOM CO., LTD. to Report Q3, 2024 Results on Feb 08, 2024SECOM CO., LTD. announced that they will report Q3, 2024 results on Feb 08, 2024
Reported Earnings • Nov 10Second quarter 2024 earnings released: EPS: JP¥106 (vs JP¥96.66 in 2Q 2023)Second quarter 2024 results: EPS: JP¥106 (up from JP¥96.66 in 2Q 2023). Revenue: JP¥279.7b (up 4.0% from 2Q 2023). Net income: JP¥22.4b (up 7.5% from 2Q 2023). Profit margin: 8.0% (up from 7.8% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥95.00 per share at 1.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 08 December 2023. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.3%). In line with average of industry peers (1.9%).
お知らせ • Sep 10SECOM CO., LTD. to Report Q2, 2024 Results on Nov 09, 2023SECOM CO., LTD. announced that they will report Q2, 2024 results on Nov 09, 2023
Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥126 (vs JP¥107 in 1Q 2023)First quarter 2024 results: EPS: JP¥126 (up from JP¥107 in 1Q 2023). Revenue: JP¥265.1b (up 7.7% from 1Q 2023). Net income: JP¥26.8b (up 16% from 1Q 2023). Profit margin: 10% (in line with 1Q 2023). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Commercial Services industry in Japan. 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.
お知らせ • Aug 04Marubeni Corporation (TSE:8002) and SECOM CO., LTD. (TSE:9735) completed the acquisition of 41.082296% stake in ARTERIA Networks Corporation (TSE:4423).Marubeni Corporation (TSE:8002) and SECOM CO., LTD. (TSE:9735) made an offer to acquire 49.940187% stake in ARTERIA Networks Corporation (TSE:4423) for ¥49 billion on May 11, 2023. As of July 4, 2023 all the conditions are fulfilled. The transaction is expected to close on August 2, 2023. Nomura Securities Co., Ltd. acted as financial advisor to Marubeni Corporation (TSE:8002) and SECOM CO., LTD. (TSE:9735). Nishimura & Asahi acted as legal advisor to Marubeni Corporation. Nagashima Ohno & Tsunematsu acted as legal advisor to SECOM CO., LTD. (TSE:9735). Wadakura Gate Law Office acted as legal advisor to ARTERIA Networks Corporation. Daiwa Securities Co. Ltd. and Sangyo Sosei Advisory Inc. acted as financial advisor to ARTERIA Networks Corporation.DC Advisory acted as a financial advisor to ARTERIA Networks Corporation. Marubeni Corporation (TSE:8002) and SECOM CO., LTD. (TSE:9735) completed the acquisition of 41.082296% stake in ARTERIA Networks Corporation (TSE:4423) on August 2, 2023.
お知らせ • Jun 10SECOM CO., LTD. to Report Q1, 2024 Results on Aug 09, 2023SECOM CO., LTD. announced that they will report Q1, 2024 results on Aug 09, 2023
Reported Earnings • May 13Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥445 (up from JP¥431 in FY 2022). Revenue: JP¥1.10t (up 4.9% from FY 2022). Net income: JP¥96.1b (up 1.9% from FY 2022). Profit margin: 8.7% (down from 9.0% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.9%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • May 13SECOM CO., LTD., Annual General Meeting, Jun 27, 2023SECOM CO., LTD., Annual General Meeting, Jun 27, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥95.00 per share at 2.3% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.2%).
Reported Earnings • Feb 12Third quarter 2023 earnings: EPS exceeds analyst expectationsThird quarter 2023 results: EPS: JP¥130 (up from JP¥116 in 3Q 2022). Revenue: JP¥279.2b (up 5.9% from 3Q 2022). Net income: JP¥28.0b (up 10% from 3Q 2022). Profit margin: 10.0% (in line with 3Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Buying Opportunity • Jan 05Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be JP¥9,349, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 2.6% per annum. Earnings is also forecast to grow by 4.2% per annum over the same time period.
お知らせ • Dec 07SECOM CO., LTD. to Report Q3, 2023 Results on Feb 09, 2023SECOM CO., LTD. announced that they will report Q3, 2023 results on Feb 09, 2023
Reported Earnings • Nov 16Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: JP¥96.66 (down from JP¥110 in 2Q 2022). Revenue: JP¥269.0b (up 4.1% from 2Q 2022). Net income: JP¥20.9b (down 14% from 2Q 2022). Profit margin: 7.8% (down from 9.3% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.4%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
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 an independent director. The company's board is composed of: 1 new director. 8 experienced directors. 3 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Outside Director Miri Hara was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 12Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: JP¥96.66 (down from JP¥110 in 2Q 2022). Revenue: JP¥269.0b (up 4.1% from 2Q 2022). Net income: JP¥20.9b (down 14% from 2Q 2022). Profit margin: 7.8% (down from 9.3% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.4%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Buying Opportunity • Nov 02Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 5.5%. The fair value is estimated to be JP¥10,546, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings is also forecast to grow by 4.2% per annum over the same time period.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥90.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 08 December 2022. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (2.3%).
Reported Earnings • Aug 11First quarter 2023 earnings released: EPS: JP¥107 (vs JP¥109 in 1Q 2022)First quarter 2023 results: EPS: JP¥107 (down from JP¥109 in 1Q 2022). Revenue: JP¥246.1b (flat on 1Q 2022). Net income: JP¥23.1b (down 3.5% from 1Q 2022). Profit margin: 9.4% (in line with 1Q 2022). Over the next year, revenue is forecast to grow 4.1%, compared to a 5.0% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has remained flat.
Reported Earnings • May 16Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: JP¥431 (up from JP¥342 in FY 2021). Revenue: JP¥1.05t (up 1.3% from FY 2021). Net income: JP¥94.3b (up 26% from FY 2021). Profit margin: 9.0% (up from 7.2% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.9%. Over the next year, revenue is forecast to grow 2.9%, compared to a 2.2% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 3% per year.
Buying Opportunity • May 13Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 1.8%. The fair value is estimated to be JP¥10,441, 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 declined by 3.0%. For the next 3 years, revenue is forecast to grow by 2.1% per annum. Earnings is also forecast to grow by 2.6% per annum over the same time period.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Outside Director Miri Hara was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥90.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (2.1%).
Buying Opportunity • Mar 11Now 21% undervaluedOver the last 90 days, the stock is up 5.9%. The fair value is estimated to be JP¥10,442, 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 declined by 3.0% per annum over the last 3 years.
Buying Opportunity • Feb 24Now 21% undervaluedOver the last 90 days, the stock is up 6.7%. The fair value is estimated to be JP¥10,665, 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 declined by 3.0% per annum over the last 3 years.
Reported Earnings • Feb 12Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: JP¥116 (up from JP¥99.78 in 3Q 2021). Revenue: JP¥263.7b (flat on 3Q 2021). Net income: JP¥25.4b (up 16% from 3Q 2021). Profit margin: 9.6% (up from 8.3% in 3Q 2021). Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates by 7.1%. Over the next year, revenue is forecast to grow 2.6%, compared to a 2.5% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 3% per year and the company’s share price has also fallen by 3% per year.
Reported Earnings • Nov 11Second quarter 2022 earnings released: EPS JP¥110 (vs JP¥60.53 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥258.4b (up 2.5% from 2Q 2021). Net income: JP¥24.1b (up 83% from 2Q 2021). Profit margin: 9.3% (up from 5.2% in 2Q 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 4% per year.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥85.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 07 December 2021. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.9%).
Reported Earnings • May 16Full year 2021 earnings released: EPS JP¥342 (vs JP¥408 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥1.04t (down 2.3% from FY 2020). Net income: JP¥74.7b (down 16% from FY 2020). Profit margin: 7.2% (down from 8.4% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.