View Financial HealthAucnet 配当と自社株買い配当金 基準チェック /36Aucnetは配当を支払う会社で、現在の利回りは2.66%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 1st September, 2026で、権利落ち日は29th June, 2026 。主要情報2.7%配当利回り2.4%バイバック利回り総株主利回り5.0%将来の配当利回り3.4%配当成長13.6%次回配当支払日01 Sep 26配当落ち日29 Jun 26一株当たり配当金n/a配当性向35%最近の配当と自社株買いの更新Declared Dividend • Apr 11Final dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 29th June 2026 Payment date: 1st September 2026 Dividend yield will be 3.0%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 22% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 50% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Feb 14+ 5 more updatesAucnet Inc. Announces Change to the Dividend PolicyAucnet Inc. announced that at the Board of Directors' meeting held on February 13, 2026, a resolution was passed regarding a change to the dividend policy. Details of change: The Company previously set a consolidated dividend payout ratio of 40% or higher as one of its medium-term quantitative targets in the "Blue Print 2027" Medium-term Management Plan," covering the period up to the fiscal year ending December 31, 2027, which was announced in February 2025. However, the Company has now decided to revise the medium-term quantitative targets. The Company will target a dividend payout ratio of 50% or higher going forward and continuously pay out dividends. Reason for change: As stated in the "Notice Concerning Partial Revision (Upward Revision) of "Blue Print 2027" Medium-term Management Plan" announced on February 13, 2026, since the performance results for the fiscal year ended December 31, 2025 exceeded forecasts, each of the medium-term quantitative targets set as goals for the fiscal year ending December 31, 2027 (EBITDA, ROE, dividend payout ratio) was achieved two years ahead of schedule. In "Blue Print 2027" announced in February 2025, while prioritizing growth investments, the Company has targeted a consolidated dividend payout ratio of 40% or higher. However, in view of stable business performance of the Company, the Company has determined that it is possible to further enhance shareholder returns and improve capital efficiency, and therefore has revised this target to a consolidated dividend payout ratio of 50% or higher. The Company will pursue optimal cash allocation with the aim of sustainably increasing its corporate value, while continuing to make strategic investments for business growth, including M&A, new businesses, digital transformation, and investment in human capital. Effective date of change: This change will apply from the dividend for the fiscal year ending December 31, 2026.Upcoming Dividend • Dec 22Upcoming dividend of JP¥33.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 26 March 2026. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.6%).Declared Dividend • Sep 02First half dividend of JP¥23.00 announcedShareholders will receive a dividend of JP¥23.00. Ex-date: 29th December 2025 Payment date: 26th March 2026 Dividend yield will be 2.4%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 17% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 31% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Jun 20Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 02 September 2025. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (4.0%). In line with average of industry peers (2.8%).Declared Dividend • Apr 11Final dividend of JP¥19.00 announcedShareholders will receive a dividend of JP¥19.00. Ex-date: 27th June 2025 Payment date: 2nd September 2025 Dividend yield will be 5.7%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 4.9% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 32% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.すべての更新を表示Recent updatesValuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 30%After last week's 30% share price gain to JP¥1,583, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 14x in the Consumer Services industry in Japan. Total returns to shareholders of 292% over the past three years.New Risk • May 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.0% average weekly change).Reported Earnings • May 13First quarter 2026 earnings released: EPS: JP¥47.53 (vs JP¥21.65 in 1Q 2025)First quarter 2026 results: EPS: JP¥47.53 (up from JP¥21.65 in 1Q 2025). Revenue: JP¥18.2b (up 14% from 1Q 2025). Net income: JP¥2.16b (up 7.1% from 1Q 2025). Profit margin: 12% (in line with 1Q 2025). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Consumer Services industry in Japan. 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 49% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Apr 11Final dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 29th June 2026 Payment date: 1st September 2026 Dividend yield will be 3.0%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 22% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 50% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Mar 28Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥130 (up from JP¥94.21 in FY 2024). Revenue: JP¥64.1b (up 15% from FY 2024). Net income: JP¥5.92b (up 32% from FY 2024). Profit margin: 9.2% (up from 8.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 6.7%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Mar 04Price target increased by 13% to JP¥2,830Up from JP¥2,500, the current price target is provided by 1 analyst. New target price is 20% above last closing price of JP¥2,368. Stock is up 94% over the past year. The company is forecast to post earnings per share of JP¥162 for next year compared to JP¥130 last year.お知らせ • Feb 16Aucnet Inc., Annual General Meeting, Mar 24, 2026Aucnet Inc., Annual General Meeting, Mar 24, 2026.Reported Earnings • Feb 16Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥130 (up from JP¥94.21 in FY 2024). Revenue: JP¥64.1b (up 15% from FY 2024). Net income: JP¥5.92b (up 32% from FY 2024). Profit margin: 9.2% (up from 8.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 6.7%. Revenue is forecast to grow 6.5% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 14+ 5 more updatesAucnet Inc. Announces Change to the Dividend PolicyAucnet Inc. announced that at the Board of Directors' meeting held on February 13, 2026, a resolution was passed regarding a change to the dividend policy. Details of change: The Company previously set a consolidated dividend payout ratio of 40% or higher as one of its medium-term quantitative targets in the "Blue Print 2027" Medium-term Management Plan," covering the period up to the fiscal year ending December 31, 2027, which was announced in February 2025. However, the Company has now decided to revise the medium-term quantitative targets. The Company will target a dividend payout ratio of 50% or higher going forward and continuously pay out dividends. Reason for change: As stated in the "Notice Concerning Partial Revision (Upward Revision) of "Blue Print 2027" Medium-term Management Plan" announced on February 13, 2026, since the performance results for the fiscal year ended December 31, 2025 exceeded forecasts, each of the medium-term quantitative targets set as goals for the fiscal year ending December 31, 2027 (EBITDA, ROE, dividend payout ratio) was achieved two years ahead of schedule. In "Blue Print 2027" announced in February 2025, while prioritizing growth investments, the Company has targeted a consolidated dividend payout ratio of 40% or higher. However, in view of stable business performance of the Company, the Company has determined that it is possible to further enhance shareholder returns and improve capital efficiency, and therefore has revised this target to a consolidated dividend payout ratio of 50% or higher. The Company will pursue optimal cash allocation with the aim of sustainably increasing its corporate value, while continuing to make strategic investments for business growth, including M&A, new businesses, digital transformation, and investment in human capital. Effective date of change: This change will apply from the dividend for the fiscal year ending December 31, 2026.Upcoming Dividend • Dec 22Upcoming dividend of JP¥33.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 26 March 2026. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.6%).お知らせ • Dec 03Aucnet Inc. to Report Fiscal Year 2025 Results on Feb 13, 2026Aucnet Inc. announced that they will report fiscal year 2025 results on Feb 13, 2026Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: JP¥18.95 (vs JP¥21.86 in 3Q 2024)Third quarter 2025 results: EPS: JP¥18.95 (down from JP¥21.86 in 3Q 2024). Revenue: JP¥14.9b (up 7.8% from 3Q 2024). Net income: JP¥859.0m (down 18% from 3Q 2024). Profit margin: 5.7% (down from 7.5% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Sep 02Aucnet Inc. to Report Q3, 2025 Results on Nov 11, 2025Aucnet Inc. announced that they will report Q3, 2025 results on Nov 11, 2025Declared Dividend • Sep 02First half dividend of JP¥23.00 announcedShareholders will receive a dividend of JP¥23.00. Ex-date: 29th December 2025 Payment date: 26th March 2026 Dividend yield will be 2.4%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 17% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 31% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.分析記事 • Aug 14Aucnet's (TSE:3964) Earnings May Just Be The Starting PointTSE:3964 1 Year Share Price vs Fair Value Explore Aucnet's Fair Values from the Community and select yours When...Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: JP¥37.36 (vs JP¥24.33 in 2Q 2024)Second quarter 2025 results: EPS: JP¥37.36 (up from JP¥24.33 in 2Q 2024). Revenue: JP¥16.6b (up 6.2% from 2Q 2024). Net income: JP¥1.69b (up 46% from 2Q 2024). Profit margin: 10% (up from 7.4% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 18% per year.Upcoming Dividend • Jun 20Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 02 September 2025. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (4.0%). In line with average of industry peers (2.8%).お知らせ • Jun 03Aucnet Inc. to Report Q2, 2025 Results on Aug 07, 2025Aucnet Inc. announced that they will report Q2, 2025 results on Aug 07, 2025分析記事 • May 31Market Might Still Lack Some Conviction On Aucnet Inc. (TSE:3964) Even After 25% Share Price BoostThe Aucnet Inc. ( TSE:3964 ) share price has done very well over the last month, posting an excellent gain of 25%. The...New Risk • May 21New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.8% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.お知らせ • May 15Aucnet Inc. (TSE:3964) acquired remaining 51% stake in SG e-Auction Pte Ltd from MoneyMax Capital Pte. Ltd.Aucnet Inc. (TSE:3964) acquired remaining 51% stake in SG e-Auction Pte Ltd from MoneyMax Capital Pte. Ltd. on May 15, 2025. Aucnet Inc. (TSE:3964) completed the acquisition of remaining 51% stake in SG e-Auction Pte Ltd from MoneyMax Capital Pte. Ltd. on May 15, 2025.Reported Earnings • May 15First quarter 2025 earnings released: EPS: JP¥86.59 (vs JP¥29.42 in 1Q 2024)First quarter 2025 results: EPS: JP¥86.59 (up from JP¥29.42 in 1Q 2024). Revenue: JP¥16.0b (up 45% from 1Q 2024). Net income: JP¥2.01b (up 45% from 1Q 2024). Profit margin: 13% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 19% per year.分析記事 • May 15A Look At The Fair Value Of Aucnet Inc. (TSE:3964)Key Insights The projected fair value for Aucnet is JP¥1,414 based on 2 Stage Free Cash Flow to Equity Aucnet's...New Risk • May 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥1,438, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 16x in the Consumer Services industry in Japan. Total returns to shareholders of 77% over the past three years.Buy Or Sell Opportunity • Apr 21Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.4% to JP¥1,203. The fair value is estimated to be JP¥1,507, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 13%.Declared Dividend • Apr 11Final dividend of JP¥19.00 announcedShareholders will receive a dividend of JP¥19.00. Ex-date: 27th June 2025 Payment date: 2nd September 2025 Dividend yield will be 5.7%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 4.9% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 32% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Apr 04Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 16% to JP¥1,125. The fair value is estimated to be JP¥1,436, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 13%.お知らせ • Mar 04Aucnet Inc. to Report Q1, 2025 Results on May 13, 2025Aucnet Inc. announced that they will report Q1, 2025 results on May 13, 2025Reported Earnings • Feb 16Full year 2024 earnings released: EPS: JP¥188 (vs JP¥176 in FY 2023)Full year 2024 results: EPS: JP¥188 (up from JP¥176 in FY 2023). Revenue: JP¥55.9b (up 29% from FY 2023). Net income: JP¥4.49b (up 2.7% from FY 2023). Profit margin: 8.0% (down from 10% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 14+ 4 more updatesAucnet Inc. Announces Resignation of Ikuo Kaminishi as Director and Member of Audit & Supervisory CommitteeAucnet Inc. announced that at the Board of Directors' meeting held on February 14, 2025, Mr. Ikuo Kaminishi, a Director who is an Audit & Supervisory Committee Member, will resign at the conclusion of the Annual General Shareholders Meeting to be held on March 25, 2025.Upcoming Dividend • Dec 20Upcoming dividend of JP¥29.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 05 March 2025. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.8%).New Risk • Dec 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.3% average weekly change).お知らせ • Dec 04Aucnet Inc. to Report Fiscal Year 2024 Results on Feb 14, 2025Aucnet Inc. announced that they will report fiscal year 2024 results on Feb 14, 2025Reported Earnings • Nov 15Third quarter 2024 earnings released: EPS: JP¥43.74 (vs JP¥37.81 in 3Q 2023)Third quarter 2024 results: EPS: JP¥43.74 (up from JP¥37.81 in 3Q 2023). Revenue: JP¥13.9b (up 35% from 3Q 2023). Net income: JP¥1.04b (up 17% from 3Q 2023). Profit margin: 7.5% (down from 8.7% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 10% per year.お知らせ • Aug 27Aucnet Inc. to Report Q3, 2024 Results on Nov 12, 2024Aucnet Inc. announced that they will report Q3, 2024 results on Nov 12, 2024New Risk • Aug 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (2.6% increase in shares outstanding).Reported Earnings • Aug 12Second quarter 2024 earnings released: EPS: JP¥48.71 (vs JP¥47.19 in 2Q 2023)Second quarter 2024 results: EPS: JP¥48.71. Revenue: JP¥15.6b (up 39% from 2Q 2023). Net income: JP¥1.16b (down 5.7% from 2Q 2023). Profit margin: 7.4% (down from 11% in 2Q 2023). The decrease in margin was driven by higher expenses.Declared Dividend • Aug 10Dividend of JP¥29.00 announcedShareholders will receive a dividend of JP¥29.00. Ex-date: 27th December 2024 Payment date: 5th March 2025 Dividend yield will be 2.7%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 12% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 26% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Jun 20Upcoming dividend of JP¥28.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 04 September 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.6%).分析記事 • Jun 19Aucnet (TSE:3964) Has Announced A Dividend Of ¥28.00Aucnet Inc.'s ( TSE:3964 ) investors are due to receive a payment of ¥28.00 per share on 4th of September. This takes...分析記事 • May 29Aucnet (TSE:3964) Is Due To Pay A Dividend Of ¥28.00Aucnet Inc. ( TSE:3964 ) will pay a dividend of ¥28.00 on the 4th of September. The payment will take the dividend...お知らせ • May 29Aucnet Inc. to Report Q2, 2024 Results on Aug 08, 2024Aucnet Inc. announced that they will report Q2, 2024 results on Aug 08, 2024Reported Earnings • May 17First quarter 2024 earnings released: EPS: JP¥58.83 (vs JP¥53.23 in 1Q 2023)First quarter 2024 results: EPS: JP¥58.83 (up from JP¥53.23 in 1Q 2023). Revenue: JP¥11.0b (up 2.4% from 1Q 2023). Net income: JP¥1.39b (flat on 1Q 2023). Profit margin: 13% (in line with 1Q 2023). 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.分析記事 • May 09Aucnet (TSE:3964) Will Pay A Dividend Of ¥28.00The board of Aucnet Inc. ( TSE:3964 ) has announced that it will pay a dividend on the 4th of September, with investors...お知らせ • May 01Aucnet Inc. (TSE:3964) completed the acquisition of Defactostandard, Ltd. and JOYLAB, inc. from BEENOS Inc. (TSE:3328).Aucnet Inc. (TSE:3964) agreed to acquire Defactostandard, Ltd. and JOYLAB, inc. from BEENOS Inc. (TSE:3328) for ¥2.9 billion on February 14, 2024. Under the terms, 8.68 million share were acquired. Aucnet Inc. (TSE:3964) completed the acquisition of Defactostandard, Ltd. and JOYLAB, inc. from BEENOS Inc. (TSE:3328) on April 30, 2024.分析記事 • Apr 25Aucnet (TSE:3964) Is Due To Pay A Dividend Of ¥28.00The board of Aucnet Inc. ( TSE:3964 ) has announced that it will pay a dividend on the 4th of September, with investors...分析記事 • Apr 11Aucnet (TSE:3964) Will Pay A Dividend Of ¥28.00Aucnet Inc. ( TSE:3964 ) will pay a dividend of ¥28.00 on the 4th of September. This makes the dividend yield about the...Declared Dividend • Apr 11Final dividend of JP¥28.00 announcedShareholders will receive a dividend of JP¥28.00. Ex-date: 27th June 2024 Payment date: 4th September 2024 Dividend yield will be 2.3%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 9.5% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 24% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Mar 27AUCNET Inc. Receives Validation from Science Based Targets Initiative (SBTi)AUCNET INC. announced that the company has received validation for its greenhouse gas emission-reducing targets from the Science Based Targets initiative (SBTi), an international collaborative organization which certifies that GHG emission reduction targets are scientifically consistent with the goals set forth in the Paris Agreement. The AUCNET GHG emission reduction targets that have obtained validation, using 2021 as the base year, seek to reduce Scope 1 & 2 emissions by 42%, and Scope 3 emissions by 25%, by 2030. Based on its sustainability policy of the "Circulation Engine, circulating valuable goods on a global scale," AUCNET works with its partners throughout the world in a variety of industries to build a circular distribution system that delivers valuable goods from all over the world to those who need them, and since its founding, the company has contributed to the creation of a sustainable regional environment. In 2021, AUCNET established its very own management indicator, the Gross Circulation Value (GCV), which expresses in monetary value the impact of AUCNET's business activities on the economy and on the environment through the distribution of reused goods, and is linking its sustainability policy to concrete actions. Regarding the GCV management indicator, AUCNET is striving to increase its reliability and validity by obtaining third-party perspectives. The company obtained third-party warranty regarding the reliability of its environmental data in April 2023, and in July 2023, it prepared a report on GCV with respect to the evaluation of its validity from an economic perspective. By obtaining at this time the "1.5 C level" validation from the SBTi, AUCNET will be able to more accurately undertake the reduction of GHG emissions from business activities, which is a component of its unique GCV indicator.お知らせ • Feb 24Aucnet Inc. to Report Q1, 2024 Results on May 14, 2024Aucnet Inc. announced that they will report Q1, 2024 results on May 14, 2024お知らせ • Feb 16Aucnet Inc., Annual General Meeting, Mar 26, 2024Aucnet Inc., Annual General Meeting, Mar 26, 2024.Reported Earnings • Feb 16Full year 2023 earnings released: EPS: JP¥176 (vs JP¥159 in FY 2022)Full year 2023 results: EPS: JP¥176 (up from JP¥159 in FY 2022). Revenue: JP¥43.3b (up 7.0% from FY 2022). Net income: JP¥4.37b (flat on FY 2022). Profit margin: 10% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 21Upcoming dividend of JP¥27.00 per share at 2.7% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 07 March 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (2.5%).お知らせ • Dec 05Aucnet Inc. to Report Fiscal Year 2023 Results on Feb 14, 2024Aucnet Inc. announced that they will report fiscal year 2023 results on Feb 14, 2024お知らせ • Nov 30+ 1 more updateAucnet Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2023Aucnet Inc. provided consolidated earnings guidance for the fiscal year ending December 31, 2023. For the year, the company expects net sales of JPY 43,000 million, operating profit of JPY 6,300 million, profit attributable to owners of parent of JPY 3,945 million and basic earnings per share of JPY 158.92.Reported Earnings • Nov 18Third quarter 2023 earnings released: EPS: JP¥37.81 (vs JP¥36.31 in 3Q 2022)Third quarter 2023 results: EPS: JP¥37.81. Revenue: JP¥10.3b (up 4.3% from 3Q 2022). Net income: JP¥893.0m (down 11% from 3Q 2022). Profit margin: 8.7% (down from 10% in 3Q 2022). The decrease in margin was driven by higher expenses.お知らせ • Aug 30+ 2 more updatesAucnet Inc. Provides Dividend Guidance for the Fiscal Year Ending December 31, 2023Aucnet Inc. provided dividend guidance for the fiscal year ending December 31, 2023. For the year, the company expects to pay dividend of JPY 24.00 per share.お知らせ • Aug 27Aucnet Inc. to Report Q3, 2023 Results on Nov 14, 2023Aucnet Inc. announced that they will report Q3, 2023 results on Nov 14, 2023Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: JP¥47.19 (vs JP¥42.14 in 2Q 2022)Second quarter 2023 results: EPS: JP¥47.19 (up from JP¥42.14 in 2Q 2022). Revenue: JP¥11.2b (up 11% from 2Q 2022). Net income: JP¥1.23b (up 5.9% from 2Q 2022). Profit margin: 11% (in line with 2Q 2022). 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.Upcoming Dividend • Jun 22Upcoming dividend of JP¥24.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 05 September 2023. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (2.6%).お知らせ • May 28Aucnet Inc. to Report Q2, 2023 Results on Aug 08, 2023Aucnet Inc. announced that they will report Q2, 2023 results on Aug 08, 2023お知らせ • May 25+ 2 more updatesAucnet Inc. Provides Year End Dividend Guidance for the Fiscal Year Ending December 31, 2023Aucnet Inc. provided year end dividend guidance for the fiscal year ending December 31, 2023. For the full year, the company expected year end dividend of JPY 24 per share compared to JPY 25 per share paid a year ago.Reported Earnings • May 10First quarter 2023 earnings released: EPS: JP¥53.23 (vs JP¥47.04 in 1Q 2022)First quarter 2023 results: EPS: JP¥53.23 (up from JP¥47.04 in 1Q 2022). Revenue: JP¥10.7b (up 2.2% from 1Q 2022). Net income: JP¥1.39b (up 6.4% from 1Q 2022). Profit margin: 13% (in line with 1Q 2022). Revenue is forecast to grow 5.6% p.a. on average during the next 2 years, compared to a 7.7% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.お知らせ • May 10Aucnet Inc. (TSE:3964) announces an Equity Buyback for 2,824,500 shares, representing 10.76% for ¥3,897.81 million.Aucnet Inc. (TSE:3964) announces a share repurchase program. Under the program, the company will repurchase up to 2,824,500 shares, representing 10.76% of its issued share capital for ¥3,897.81 million. The purpose of the program is to flexibly return profits to the shareholders. The program will be funded from the company’s own funds. The program is valid till June 30, 2023. As of May 9, 2023, the company has 26,255,784 shares issued (excluding treasury stock) and has 207,416 shares in treasury.Reported Earnings • Apr 01Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: JP¥159 (up from JP¥131 in FY 2021). Revenue: JP¥40.5b (up 10% from FY 2021). Net income: JP¥4.35b (up 20% from FY 2021). Profit margin: 11% (in line with FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.9%. Revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 19Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: JP¥159 (up from JP¥131 in FY 2021). Revenue: JP¥40.5b (up 10% from FY 2021). Net income: JP¥4.35b (up 20% from FY 2021). Profit margin: 11% (in line with FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.9%. Revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 8.6% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 22Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 08 March 2023. Payout ratio is a comfortable 2.7% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%).お知らせ • Dec 06Aucnet Inc. to Report Fiscal Year 2022 Results on Feb 14, 2023Aucnet Inc. announced that they will report fiscal year 2022 results on Feb 14, 2023お知らせ • Nov 21+ 1 more updateAucnet Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2022Aucnet Inc. provided consolidated earnings guidance for the Fiscal Year Ending December 31, 2022. For the period, the company expects net sales of JPY 40,270 million, operating profit of JPY 6,480 million, profit attributable to owners of parent of JPY 4,288 million, and Basic earnings per share of JPY 155.07.Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Outside Director Sasano Handa was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: JP¥36.31 (vs JP¥23.96 in 3Q 2021)Third quarter 2022 results: EPS: JP¥36.31 (up from JP¥23.96 in 3Q 2021). Revenue: JP¥9.88b (up 14% from 3Q 2021). Net income: JP¥1.00b (up 50% from 3Q 2021). Profit margin: 10% (up from 7.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Online Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Oct 11Now 20% undervaluedOver the last 90 days, the stock is up 6.7%. The fair value is estimated to be JP¥2,791, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 39%. Revenue is forecast to grow by 14% in 2 years. Earnings is forecast to grow by 28% in the next 2 years.お知らせ • Aug 31Aucnet Inc. to Report Q3, 2022 Results on Nov 08, 2022Aucnet Inc. announced that they will report Q3, 2022 results on Nov 08, 2022お知らせ • Aug 26Aucnet Inc. Announces Dividend for the Second Quarter Ended June 30, 2021, Payable on September 5, 2022 and Provides Dividend Guidance for the Year Ending December 31, 2022Aucnet Inc. announced dividend for the second quarter ended June 30, 2021 and provided dividend guidance for the year ending December 31, 2022. For the second quarter, the company announced the dividend of JPY 23.00 per share against JPY 19.00 per share for the same period a year ago. Scheduled date of commencing dividend payments: September 5, 2022.For the year ending, the company expected to pay the dividend of JPY 24.00 per share against JPY 21.00 per share a year ago.Buying Opportunity • Aug 22Now 23% undervaluedOver the last 90 days, the stock is up 28%. The fair value is estimated to be JP¥2,870, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 39%. Revenue is forecast to grow by 14% in 2 years. Earnings is forecast to grow by 34% in the next 2 years.お知らせ • Aug 11+ 1 more updateAucnet Inc. Revises Earnings Guidance for the Fiscal Year 2022Aucnet Inc. revised earnings guidance for the fiscal year 2022. For the period, the company now expects net sales of JPY 40,270 million, operating profit of JPY 6,480 million, profit attributable to owners of parent of JPY 4,288 million, Basic earnings per share of JPY 155.07 as compared to net sales of JPY 38,329 million, operating profit of JPY 6,000 million, profit attributable to owners of parent of JPY 4,054 million, basic earnings per share of JPY 145.03 previously forecasted.Reported Earnings • Aug 11Second quarter 2022 earnings released: EPS: JP¥42.14 (vs JP¥39.86 in 2Q 2021)Second quarter 2022 results: EPS: JP¥42.14 (up from JP¥39.86 in 2Q 2021). Revenue: JP¥10.1b (up 8.1% from 2Q 2021). Net income: JP¥1.16b (up 5.0% from 2Q 2021). Profit margin: 12% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 7.7%, compared to a 13% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 10Aucnet Inc. (TSE:3964) announces an Equity Buyback for 1,650,100 shares, representing 5.96% for ¥2,927.28 million.Aucnet Inc. (TSE:3964) announces a share repurchase program. Under the program, the company will repurchase up to 1,650,100 shares, representing 5.96% of its issued share capital for ¥2,927.28 million. The shares will be repurchased at a price of ¥1,774 per share. The purpose of the program is to flexibly return profits to the shareholders. The program will be funded from the company’s own funds. If the total number of tendered shares exceeds the planned number of shares to be repurchased in the offer, the purchase will be made on a pro-rata basis and the company will acquire a portion of the 1,650,100 shares to be tendered. The program is valid till September 7, 2022. As of August 9, 2022, the company has 27,708,984 shares issued (excluding treasury stock) and 254,216 shares in treasury.Valuation Update With 7 Day Price Move • Jun 22Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥2,089, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 17x in the Online Retail industry in Japan. Total returns to shareholders of 71% over the past three years.Upcoming Dividend • Jun 22Upcoming dividend of JP¥22.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 01 September 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%).お知らせ • Jun 01Aucnet Inc. to Report Q2, 2022 Results on Aug 09, 2022Aucnet Inc. announced that they will report Q2, 2022 results on Aug 09, 2022お知らせ • May 26+ 1 more updateAucnet Inc. Provides Dividend Guidance for the Second Quarter of Fiscal Year Ending December 31, 2022 and Full Year Ending December 31, 2022Aucnet Inc. provided dividend guidance for the second quarter of fiscal year ending December 31, 2022, and full year ending December 31, 2022. For the second quarter of fiscal year ending December 31, 2022, the company expects dividend of JPY 22 per share compared to JPY 19 per share paid a year ago.For the full Year ending December 31, 2022, the company expects dividend of JPY 22 per share compared to JPY 21 per share paid a year ago.配当金の支払いについて今日May 27 2026配当落ち日Jun 29 2026配当支払日Sep 01 202664 days 配当落ちから次の32 days 、次の配当を受け取るために購入する。決済の安定と成長配当データの取得安定した配当: 3964は 10 年未満配当金を支払っており、この間、支払額は 変動性 が高かった。増加する配当: 3964の配当金は増加していますが、同社は9年間しか配当金を支払っていません。配当利回り対市場Aucnet 配当利回り対市場3964 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 (3964)2.7%市場下位25% (JP)1.7%市場トップ25% (JP)3.8%業界平均 (Consumer Services)2.7%アナリスト予想 (3964) (最長3年)3.4%注目すべき配当: 3964の配当金 ( 2.66% ) はJP市場の配当金支払者の下位 25% ( 1.72% ) よりも高くなっています。高配当: 3964の配当金 ( 2.66% ) はJP市場の配当金支払者の上位 25% ( 3.75% ) 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: 3964の 配当性向 ( 34.7% ) 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: 3964の 現金配当性向 ( 32.8% ) は比較的低く、配当金の支払いはキャッシュフローによって十分にカバーされています。高配当企業の発掘7D1Y7D1Y7D1YJP 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2026/05/27 18:19終値2026/05/27 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Aucnet Inc. 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。2 アナリスト機関Jumpei YoshidaNomura Securities Co. Ltd.Yuuta TochiharaTokai Tokyo Intelligence Laboratory Co., Ltd.
Declared Dividend • Apr 11Final dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 29th June 2026 Payment date: 1st September 2026 Dividend yield will be 3.0%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 22% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 50% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 14+ 5 more updatesAucnet Inc. Announces Change to the Dividend PolicyAucnet Inc. announced that at the Board of Directors' meeting held on February 13, 2026, a resolution was passed regarding a change to the dividend policy. Details of change: The Company previously set a consolidated dividend payout ratio of 40% or higher as one of its medium-term quantitative targets in the "Blue Print 2027" Medium-term Management Plan," covering the period up to the fiscal year ending December 31, 2027, which was announced in February 2025. However, the Company has now decided to revise the medium-term quantitative targets. The Company will target a dividend payout ratio of 50% or higher going forward and continuously pay out dividends. Reason for change: As stated in the "Notice Concerning Partial Revision (Upward Revision) of "Blue Print 2027" Medium-term Management Plan" announced on February 13, 2026, since the performance results for the fiscal year ended December 31, 2025 exceeded forecasts, each of the medium-term quantitative targets set as goals for the fiscal year ending December 31, 2027 (EBITDA, ROE, dividend payout ratio) was achieved two years ahead of schedule. In "Blue Print 2027" announced in February 2025, while prioritizing growth investments, the Company has targeted a consolidated dividend payout ratio of 40% or higher. However, in view of stable business performance of the Company, the Company has determined that it is possible to further enhance shareholder returns and improve capital efficiency, and therefore has revised this target to a consolidated dividend payout ratio of 50% or higher. The Company will pursue optimal cash allocation with the aim of sustainably increasing its corporate value, while continuing to make strategic investments for business growth, including M&A, new businesses, digital transformation, and investment in human capital. Effective date of change: This change will apply from the dividend for the fiscal year ending December 31, 2026.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥33.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 26 March 2026. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.6%).
Declared Dividend • Sep 02First half dividend of JP¥23.00 announcedShareholders will receive a dividend of JP¥23.00. Ex-date: 29th December 2025 Payment date: 26th March 2026 Dividend yield will be 2.4%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 17% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 31% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 02 September 2025. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (4.0%). In line with average of industry peers (2.8%).
Declared Dividend • Apr 11Final dividend of JP¥19.00 announcedShareholders will receive a dividend of JP¥19.00. Ex-date: 27th June 2025 Payment date: 2nd September 2025 Dividend yield will be 5.7%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 4.9% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 32% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 30%After last week's 30% share price gain to JP¥1,583, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 14x in the Consumer Services industry in Japan. Total returns to shareholders of 292% over the past three years.
New Risk • May 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.0% average weekly change).
Reported Earnings • May 13First quarter 2026 earnings released: EPS: JP¥47.53 (vs JP¥21.65 in 1Q 2025)First quarter 2026 results: EPS: JP¥47.53 (up from JP¥21.65 in 1Q 2025). Revenue: JP¥18.2b (up 14% from 1Q 2025). Net income: JP¥2.16b (up 7.1% from 1Q 2025). Profit margin: 12% (in line with 1Q 2025). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Consumer Services industry in Japan. 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 49% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Apr 11Final dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 29th June 2026 Payment date: 1st September 2026 Dividend yield will be 3.0%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 22% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 50% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Mar 28Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥130 (up from JP¥94.21 in FY 2024). Revenue: JP¥64.1b (up 15% from FY 2024). Net income: JP¥5.92b (up 32% from FY 2024). Profit margin: 9.2% (up from 8.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 6.7%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Mar 04Price target increased by 13% to JP¥2,830Up from JP¥2,500, the current price target is provided by 1 analyst. New target price is 20% above last closing price of JP¥2,368. Stock is up 94% over the past year. The company is forecast to post earnings per share of JP¥162 for next year compared to JP¥130 last year.
お知らせ • Feb 16Aucnet Inc., Annual General Meeting, Mar 24, 2026Aucnet Inc., Annual General Meeting, Mar 24, 2026.
Reported Earnings • Feb 16Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥130 (up from JP¥94.21 in FY 2024). Revenue: JP¥64.1b (up 15% from FY 2024). Net income: JP¥5.92b (up 32% from FY 2024). Profit margin: 9.2% (up from 8.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 6.7%. Revenue is forecast to grow 6.5% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 14+ 5 more updatesAucnet Inc. Announces Change to the Dividend PolicyAucnet Inc. announced that at the Board of Directors' meeting held on February 13, 2026, a resolution was passed regarding a change to the dividend policy. Details of change: The Company previously set a consolidated dividend payout ratio of 40% or higher as one of its medium-term quantitative targets in the "Blue Print 2027" Medium-term Management Plan," covering the period up to the fiscal year ending December 31, 2027, which was announced in February 2025. However, the Company has now decided to revise the medium-term quantitative targets. The Company will target a dividend payout ratio of 50% or higher going forward and continuously pay out dividends. Reason for change: As stated in the "Notice Concerning Partial Revision (Upward Revision) of "Blue Print 2027" Medium-term Management Plan" announced on February 13, 2026, since the performance results for the fiscal year ended December 31, 2025 exceeded forecasts, each of the medium-term quantitative targets set as goals for the fiscal year ending December 31, 2027 (EBITDA, ROE, dividend payout ratio) was achieved two years ahead of schedule. In "Blue Print 2027" announced in February 2025, while prioritizing growth investments, the Company has targeted a consolidated dividend payout ratio of 40% or higher. However, in view of stable business performance of the Company, the Company has determined that it is possible to further enhance shareholder returns and improve capital efficiency, and therefore has revised this target to a consolidated dividend payout ratio of 50% or higher. The Company will pursue optimal cash allocation with the aim of sustainably increasing its corporate value, while continuing to make strategic investments for business growth, including M&A, new businesses, digital transformation, and investment in human capital. Effective date of change: This change will apply from the dividend for the fiscal year ending December 31, 2026.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥33.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 26 March 2026. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.6%).
お知らせ • Dec 03Aucnet Inc. to Report Fiscal Year 2025 Results on Feb 13, 2026Aucnet Inc. announced that they will report fiscal year 2025 results on Feb 13, 2026
Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: JP¥18.95 (vs JP¥21.86 in 3Q 2024)Third quarter 2025 results: EPS: JP¥18.95 (down from JP¥21.86 in 3Q 2024). Revenue: JP¥14.9b (up 7.8% from 3Q 2024). Net income: JP¥859.0m (down 18% from 3Q 2024). Profit margin: 5.7% (down from 7.5% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Sep 02Aucnet Inc. to Report Q3, 2025 Results on Nov 11, 2025Aucnet Inc. announced that they will report Q3, 2025 results on Nov 11, 2025
Declared Dividend • Sep 02First half dividend of JP¥23.00 announcedShareholders will receive a dividend of JP¥23.00. Ex-date: 29th December 2025 Payment date: 26th March 2026 Dividend yield will be 2.4%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 17% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 31% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
分析記事 • Aug 14Aucnet's (TSE:3964) Earnings May Just Be The Starting PointTSE:3964 1 Year Share Price vs Fair Value Explore Aucnet's Fair Values from the Community and select yours When...
Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: JP¥37.36 (vs JP¥24.33 in 2Q 2024)Second quarter 2025 results: EPS: JP¥37.36 (up from JP¥24.33 in 2Q 2024). Revenue: JP¥16.6b (up 6.2% from 2Q 2024). Net income: JP¥1.69b (up 46% from 2Q 2024). Profit margin: 10% (up from 7.4% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 18% per year.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 02 September 2025. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (4.0%). In line with average of industry peers (2.8%).
お知らせ • Jun 03Aucnet Inc. to Report Q2, 2025 Results on Aug 07, 2025Aucnet Inc. announced that they will report Q2, 2025 results on Aug 07, 2025
分析記事 • May 31Market Might Still Lack Some Conviction On Aucnet Inc. (TSE:3964) Even After 25% Share Price BoostThe Aucnet Inc. ( TSE:3964 ) share price has done very well over the last month, posting an excellent gain of 25%. The...
New Risk • May 21New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.8% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
お知らせ • May 15Aucnet Inc. (TSE:3964) acquired remaining 51% stake in SG e-Auction Pte Ltd from MoneyMax Capital Pte. Ltd.Aucnet Inc. (TSE:3964) acquired remaining 51% stake in SG e-Auction Pte Ltd from MoneyMax Capital Pte. Ltd. on May 15, 2025. Aucnet Inc. (TSE:3964) completed the acquisition of remaining 51% stake in SG e-Auction Pte Ltd from MoneyMax Capital Pte. Ltd. on May 15, 2025.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: JP¥86.59 (vs JP¥29.42 in 1Q 2024)First quarter 2025 results: EPS: JP¥86.59 (up from JP¥29.42 in 1Q 2024). Revenue: JP¥16.0b (up 45% from 1Q 2024). Net income: JP¥2.01b (up 45% from 1Q 2024). Profit margin: 13% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 19% per year.
分析記事 • May 15A Look At The Fair Value Of Aucnet Inc. (TSE:3964)Key Insights The projected fair value for Aucnet is JP¥1,414 based on 2 Stage Free Cash Flow to Equity Aucnet's...
New Risk • May 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥1,438, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 16x in the Consumer Services industry in Japan. Total returns to shareholders of 77% over the past three years.
Buy Or Sell Opportunity • Apr 21Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.4% to JP¥1,203. The fair value is estimated to be JP¥1,507, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 13%.
Declared Dividend • Apr 11Final dividend of JP¥19.00 announcedShareholders will receive a dividend of JP¥19.00. Ex-date: 27th June 2025 Payment date: 2nd September 2025 Dividend yield will be 5.7%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 4.9% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 32% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Apr 04Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 16% to JP¥1,125. The fair value is estimated to be JP¥1,436, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 13%.
お知らせ • Mar 04Aucnet Inc. to Report Q1, 2025 Results on May 13, 2025Aucnet Inc. announced that they will report Q1, 2025 results on May 13, 2025
Reported Earnings • Feb 16Full year 2024 earnings released: EPS: JP¥188 (vs JP¥176 in FY 2023)Full year 2024 results: EPS: JP¥188 (up from JP¥176 in FY 2023). Revenue: JP¥55.9b (up 29% from FY 2023). Net income: JP¥4.49b (up 2.7% from FY 2023). Profit margin: 8.0% (down from 10% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 14+ 4 more updatesAucnet Inc. Announces Resignation of Ikuo Kaminishi as Director and Member of Audit & Supervisory CommitteeAucnet Inc. announced that at the Board of Directors' meeting held on February 14, 2025, Mr. Ikuo Kaminishi, a Director who is an Audit & Supervisory Committee Member, will resign at the conclusion of the Annual General Shareholders Meeting to be held on March 25, 2025.
Upcoming Dividend • Dec 20Upcoming dividend of JP¥29.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 05 March 2025. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.8%).
New Risk • Dec 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.3% average weekly change).
お知らせ • Dec 04Aucnet Inc. to Report Fiscal Year 2024 Results on Feb 14, 2025Aucnet Inc. announced that they will report fiscal year 2024 results on Feb 14, 2025
Reported Earnings • Nov 15Third quarter 2024 earnings released: EPS: JP¥43.74 (vs JP¥37.81 in 3Q 2023)Third quarter 2024 results: EPS: JP¥43.74 (up from JP¥37.81 in 3Q 2023). Revenue: JP¥13.9b (up 35% from 3Q 2023). Net income: JP¥1.04b (up 17% from 3Q 2023). Profit margin: 7.5% (down from 8.7% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 10% per year.
お知らせ • Aug 27Aucnet Inc. to Report Q3, 2024 Results on Nov 12, 2024Aucnet Inc. announced that they will report Q3, 2024 results on Nov 12, 2024
New Risk • Aug 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (2.6% increase in shares outstanding).
Reported Earnings • Aug 12Second quarter 2024 earnings released: EPS: JP¥48.71 (vs JP¥47.19 in 2Q 2023)Second quarter 2024 results: EPS: JP¥48.71. Revenue: JP¥15.6b (up 39% from 2Q 2023). Net income: JP¥1.16b (down 5.7% from 2Q 2023). Profit margin: 7.4% (down from 11% in 2Q 2023). The decrease in margin was driven by higher expenses.
Declared Dividend • Aug 10Dividend of JP¥29.00 announcedShareholders will receive a dividend of JP¥29.00. Ex-date: 27th December 2024 Payment date: 5th March 2025 Dividend yield will be 2.7%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 12% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 26% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥28.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 04 September 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.6%).
分析記事 • Jun 19Aucnet (TSE:3964) Has Announced A Dividend Of ¥28.00Aucnet Inc.'s ( TSE:3964 ) investors are due to receive a payment of ¥28.00 per share on 4th of September. This takes...
分析記事 • May 29Aucnet (TSE:3964) Is Due To Pay A Dividend Of ¥28.00Aucnet Inc. ( TSE:3964 ) will pay a dividend of ¥28.00 on the 4th of September. The payment will take the dividend...
お知らせ • May 29Aucnet Inc. to Report Q2, 2024 Results on Aug 08, 2024Aucnet Inc. announced that they will report Q2, 2024 results on Aug 08, 2024
Reported Earnings • May 17First quarter 2024 earnings released: EPS: JP¥58.83 (vs JP¥53.23 in 1Q 2023)First quarter 2024 results: EPS: JP¥58.83 (up from JP¥53.23 in 1Q 2023). Revenue: JP¥11.0b (up 2.4% from 1Q 2023). Net income: JP¥1.39b (flat on 1Q 2023). Profit margin: 13% (in line with 1Q 2023). 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.
分析記事 • May 09Aucnet (TSE:3964) Will Pay A Dividend Of ¥28.00The board of Aucnet Inc. ( TSE:3964 ) has announced that it will pay a dividend on the 4th of September, with investors...
お知らせ • May 01Aucnet Inc. (TSE:3964) completed the acquisition of Defactostandard, Ltd. and JOYLAB, inc. from BEENOS Inc. (TSE:3328).Aucnet Inc. (TSE:3964) agreed to acquire Defactostandard, Ltd. and JOYLAB, inc. from BEENOS Inc. (TSE:3328) for ¥2.9 billion on February 14, 2024. Under the terms, 8.68 million share were acquired. Aucnet Inc. (TSE:3964) completed the acquisition of Defactostandard, Ltd. and JOYLAB, inc. from BEENOS Inc. (TSE:3328) on April 30, 2024.
分析記事 • Apr 25Aucnet (TSE:3964) Is Due To Pay A Dividend Of ¥28.00The board of Aucnet Inc. ( TSE:3964 ) has announced that it will pay a dividend on the 4th of September, with investors...
分析記事 • Apr 11Aucnet (TSE:3964) Will Pay A Dividend Of ¥28.00Aucnet Inc. ( TSE:3964 ) will pay a dividend of ¥28.00 on the 4th of September. This makes the dividend yield about the...
Declared Dividend • Apr 11Final dividend of JP¥28.00 announcedShareholders will receive a dividend of JP¥28.00. Ex-date: 27th June 2024 Payment date: 4th September 2024 Dividend yield will be 2.3%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 9.5% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 24% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 27AUCNET Inc. Receives Validation from Science Based Targets Initiative (SBTi)AUCNET INC. announced that the company has received validation for its greenhouse gas emission-reducing targets from the Science Based Targets initiative (SBTi), an international collaborative organization which certifies that GHG emission reduction targets are scientifically consistent with the goals set forth in the Paris Agreement. The AUCNET GHG emission reduction targets that have obtained validation, using 2021 as the base year, seek to reduce Scope 1 & 2 emissions by 42%, and Scope 3 emissions by 25%, by 2030. Based on its sustainability policy of the "Circulation Engine, circulating valuable goods on a global scale," AUCNET works with its partners throughout the world in a variety of industries to build a circular distribution system that delivers valuable goods from all over the world to those who need them, and since its founding, the company has contributed to the creation of a sustainable regional environment. In 2021, AUCNET established its very own management indicator, the Gross Circulation Value (GCV), which expresses in monetary value the impact of AUCNET's business activities on the economy and on the environment through the distribution of reused goods, and is linking its sustainability policy to concrete actions. Regarding the GCV management indicator, AUCNET is striving to increase its reliability and validity by obtaining third-party perspectives. The company obtained third-party warranty regarding the reliability of its environmental data in April 2023, and in July 2023, it prepared a report on GCV with respect to the evaluation of its validity from an economic perspective. By obtaining at this time the "1.5 C level" validation from the SBTi, AUCNET will be able to more accurately undertake the reduction of GHG emissions from business activities, which is a component of its unique GCV indicator.
お知らせ • Feb 24Aucnet Inc. to Report Q1, 2024 Results on May 14, 2024Aucnet Inc. announced that they will report Q1, 2024 results on May 14, 2024
お知らせ • Feb 16Aucnet Inc., Annual General Meeting, Mar 26, 2024Aucnet Inc., Annual General Meeting, Mar 26, 2024.
Reported Earnings • Feb 16Full year 2023 earnings released: EPS: JP¥176 (vs JP¥159 in FY 2022)Full year 2023 results: EPS: JP¥176 (up from JP¥159 in FY 2022). Revenue: JP¥43.3b (up 7.0% from FY 2022). Net income: JP¥4.37b (flat on FY 2022). Profit margin: 10% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 21Upcoming dividend of JP¥27.00 per share at 2.7% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 07 March 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (2.5%).
お知らせ • Dec 05Aucnet Inc. to Report Fiscal Year 2023 Results on Feb 14, 2024Aucnet Inc. announced that they will report fiscal year 2023 results on Feb 14, 2024
お知らせ • Nov 30+ 1 more updateAucnet Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2023Aucnet Inc. provided consolidated earnings guidance for the fiscal year ending December 31, 2023. For the year, the company expects net sales of JPY 43,000 million, operating profit of JPY 6,300 million, profit attributable to owners of parent of JPY 3,945 million and basic earnings per share of JPY 158.92.
Reported Earnings • Nov 18Third quarter 2023 earnings released: EPS: JP¥37.81 (vs JP¥36.31 in 3Q 2022)Third quarter 2023 results: EPS: JP¥37.81. Revenue: JP¥10.3b (up 4.3% from 3Q 2022). Net income: JP¥893.0m (down 11% from 3Q 2022). Profit margin: 8.7% (down from 10% in 3Q 2022). The decrease in margin was driven by higher expenses.
お知らせ • Aug 30+ 2 more updatesAucnet Inc. Provides Dividend Guidance for the Fiscal Year Ending December 31, 2023Aucnet Inc. provided dividend guidance for the fiscal year ending December 31, 2023. For the year, the company expects to pay dividend of JPY 24.00 per share.
お知らせ • Aug 27Aucnet Inc. to Report Q3, 2023 Results on Nov 14, 2023Aucnet Inc. announced that they will report Q3, 2023 results on Nov 14, 2023
Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: JP¥47.19 (vs JP¥42.14 in 2Q 2022)Second quarter 2023 results: EPS: JP¥47.19 (up from JP¥42.14 in 2Q 2022). Revenue: JP¥11.2b (up 11% from 2Q 2022). Net income: JP¥1.23b (up 5.9% from 2Q 2022). Profit margin: 11% (in line with 2Q 2022). 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.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥24.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 05 September 2023. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (2.6%).
お知らせ • May 28Aucnet Inc. to Report Q2, 2023 Results on Aug 08, 2023Aucnet Inc. announced that they will report Q2, 2023 results on Aug 08, 2023
お知らせ • May 25+ 2 more updatesAucnet Inc. Provides Year End Dividend Guidance for the Fiscal Year Ending December 31, 2023Aucnet Inc. provided year end dividend guidance for the fiscal year ending December 31, 2023. For the full year, the company expected year end dividend of JPY 24 per share compared to JPY 25 per share paid a year ago.
Reported Earnings • May 10First quarter 2023 earnings released: EPS: JP¥53.23 (vs JP¥47.04 in 1Q 2022)First quarter 2023 results: EPS: JP¥53.23 (up from JP¥47.04 in 1Q 2022). Revenue: JP¥10.7b (up 2.2% from 1Q 2022). Net income: JP¥1.39b (up 6.4% from 1Q 2022). Profit margin: 13% (in line with 1Q 2022). Revenue is forecast to grow 5.6% p.a. on average during the next 2 years, compared to a 7.7% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
お知らせ • May 10Aucnet Inc. (TSE:3964) announces an Equity Buyback for 2,824,500 shares, representing 10.76% for ¥3,897.81 million.Aucnet Inc. (TSE:3964) announces a share repurchase program. Under the program, the company will repurchase up to 2,824,500 shares, representing 10.76% of its issued share capital for ¥3,897.81 million. The purpose of the program is to flexibly return profits to the shareholders. The program will be funded from the company’s own funds. The program is valid till June 30, 2023. As of May 9, 2023, the company has 26,255,784 shares issued (excluding treasury stock) and has 207,416 shares in treasury.
Reported Earnings • Apr 01Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: JP¥159 (up from JP¥131 in FY 2021). Revenue: JP¥40.5b (up 10% from FY 2021). Net income: JP¥4.35b (up 20% from FY 2021). Profit margin: 11% (in line with FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.9%. Revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 19Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: JP¥159 (up from JP¥131 in FY 2021). Revenue: JP¥40.5b (up 10% from FY 2021). Net income: JP¥4.35b (up 20% from FY 2021). Profit margin: 11% (in line with FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.9%. Revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 8.6% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 08 March 2023. Payout ratio is a comfortable 2.7% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%).
お知らせ • Dec 06Aucnet Inc. to Report Fiscal Year 2022 Results on Feb 14, 2023Aucnet Inc. announced that they will report fiscal year 2022 results on Feb 14, 2023
お知らせ • Nov 21+ 1 more updateAucnet Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2022Aucnet Inc. provided consolidated earnings guidance for the Fiscal Year Ending December 31, 2022. For the period, the company expects net sales of JPY 40,270 million, operating profit of JPY 6,480 million, profit attributable to owners of parent of JPY 4,288 million, and Basic earnings per share of JPY 155.07.
Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Outside Director Sasano Handa was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: JP¥36.31 (vs JP¥23.96 in 3Q 2021)Third quarter 2022 results: EPS: JP¥36.31 (up from JP¥23.96 in 3Q 2021). Revenue: JP¥9.88b (up 14% from 3Q 2021). Net income: JP¥1.00b (up 50% from 3Q 2021). Profit margin: 10% (up from 7.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Online Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Oct 11Now 20% undervaluedOver the last 90 days, the stock is up 6.7%. The fair value is estimated to be JP¥2,791, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 39%. Revenue is forecast to grow by 14% in 2 years. Earnings is forecast to grow by 28% in the next 2 years.
お知らせ • Aug 31Aucnet Inc. to Report Q3, 2022 Results on Nov 08, 2022Aucnet Inc. announced that they will report Q3, 2022 results on Nov 08, 2022
お知らせ • Aug 26Aucnet Inc. Announces Dividend for the Second Quarter Ended June 30, 2021, Payable on September 5, 2022 and Provides Dividend Guidance for the Year Ending December 31, 2022Aucnet Inc. announced dividend for the second quarter ended June 30, 2021 and provided dividend guidance for the year ending December 31, 2022. For the second quarter, the company announced the dividend of JPY 23.00 per share against JPY 19.00 per share for the same period a year ago. Scheduled date of commencing dividend payments: September 5, 2022.For the year ending, the company expected to pay the dividend of JPY 24.00 per share against JPY 21.00 per share a year ago.
Buying Opportunity • Aug 22Now 23% undervaluedOver the last 90 days, the stock is up 28%. The fair value is estimated to be JP¥2,870, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 39%. Revenue is forecast to grow by 14% in 2 years. Earnings is forecast to grow by 34% in the next 2 years.
お知らせ • Aug 11+ 1 more updateAucnet Inc. Revises Earnings Guidance for the Fiscal Year 2022Aucnet Inc. revised earnings guidance for the fiscal year 2022. For the period, the company now expects net sales of JPY 40,270 million, operating profit of JPY 6,480 million, profit attributable to owners of parent of JPY 4,288 million, Basic earnings per share of JPY 155.07 as compared to net sales of JPY 38,329 million, operating profit of JPY 6,000 million, profit attributable to owners of parent of JPY 4,054 million, basic earnings per share of JPY 145.03 previously forecasted.
Reported Earnings • Aug 11Second quarter 2022 earnings released: EPS: JP¥42.14 (vs JP¥39.86 in 2Q 2021)Second quarter 2022 results: EPS: JP¥42.14 (up from JP¥39.86 in 2Q 2021). Revenue: JP¥10.1b (up 8.1% from 2Q 2021). Net income: JP¥1.16b (up 5.0% from 2Q 2021). Profit margin: 12% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 7.7%, compared to a 13% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 10Aucnet Inc. (TSE:3964) announces an Equity Buyback for 1,650,100 shares, representing 5.96% for ¥2,927.28 million.Aucnet Inc. (TSE:3964) announces a share repurchase program. Under the program, the company will repurchase up to 1,650,100 shares, representing 5.96% of its issued share capital for ¥2,927.28 million. The shares will be repurchased at a price of ¥1,774 per share. The purpose of the program is to flexibly return profits to the shareholders. The program will be funded from the company’s own funds. If the total number of tendered shares exceeds the planned number of shares to be repurchased in the offer, the purchase will be made on a pro-rata basis and the company will acquire a portion of the 1,650,100 shares to be tendered. The program is valid till September 7, 2022. As of August 9, 2022, the company has 27,708,984 shares issued (excluding treasury stock) and 254,216 shares in treasury.
Valuation Update With 7 Day Price Move • Jun 22Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥2,089, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 17x in the Online Retail industry in Japan. Total returns to shareholders of 71% over the past three years.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥22.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 01 September 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%).
お知らせ • Jun 01Aucnet Inc. to Report Q2, 2022 Results on Aug 09, 2022Aucnet Inc. announced that they will report Q2, 2022 results on Aug 09, 2022
お知らせ • May 26+ 1 more updateAucnet Inc. Provides Dividend Guidance for the Second Quarter of Fiscal Year Ending December 31, 2022 and Full Year Ending December 31, 2022Aucnet Inc. provided dividend guidance for the second quarter of fiscal year ending December 31, 2022, and full year ending December 31, 2022. For the second quarter of fiscal year ending December 31, 2022, the company expects dividend of JPY 22 per share compared to JPY 19 per share paid a year ago.For the full Year ending December 31, 2022, the company expects dividend of JPY 22 per share compared to JPY 21 per share paid a year ago.