This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsMacromill（3978）株式概要マクロミル株式会社は、マーケティングリサーチとデジタルマーケティングソリューションを日本国内外に提供しています。 詳細3978 ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長0/6過去の実績5/6財務の健全性3/6配当金0/6報酬当社が推定した公正価値より74.7%で取引されている 過去1年間で収益は95.6%増加しました リスク分析負債は営業キャッシュフローで十分にカバーされていない すべてのリスクチェックを見る3978 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueJP¥Current PriceJP¥1.27k40.5% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-3b54b2016201920222025202620282031Revenue JP¥43.6bEarnings JP¥2.8bAdvancedSet Fair ValueView all narrativesMacromill, Inc. 競合他社Carta HoldingsSymbol: TSE:3688Market cap: JP¥52.9bVectorSymbol: TSE:6058Market cap: JP¥60.6bAi RoboticsSymbol: TSE:247AMarket cap: JP¥50.8bKurashiruSymbol: TSE:299AMarket cap: JP¥46.5b価格と性能株価の高値、安値、推移の概要Macromill過去の株価現在の株価JP¥1,274.0052週高値JP¥1,413.0052週安値JP¥651.00ベータ0.381ヶ月の変化0.24%3ヶ月変化0.32%1年変化42.83%3年間の変化37.58%5年間の変化61.06%IPOからの変化-24.17%最新ニュースお知らせ • May 30Macromill, Inc. to Delist from Prime Section of the Tokyo Stock Exchange, Effective June 17, 2025Macromill, Inc. will be delisted from Prime Section of the Tokyo Stock Exchange effective from June 17, 2025, due to Reverse stock split.お知らせ • Mar 18Macromill, Inc. to Report Q3, 2025 Results on May 15, 2025Macromill, Inc. announced that they will report Q3, 2025 results on May 15, 2025Reported Earnings • Feb 18First half 2025 earnings released: EPS: JP¥37.95 (vs JP¥23.24 in 1H 2024)First half 2025 results: EPS: JP¥37.95 (up from JP¥23.24 in 1H 2024). Revenue: JP¥22.6b (up 2.5% from 1H 2024). Net income: JP¥1.44b (up 62% from 1H 2024). Profit margin: 6.3% (up from 4.0% in 1H 2024). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.お知らせ • Jan 17Macromill, Inc. to Report Q2, 2025 Results on Feb 14, 2025Macromill, Inc. announced that they will report Q2, 2025 results on Feb 14, 2025お知らせ • Nov 15TJ1 Co., Ltd. proposed to acquire 96.2% stake in Macromill, Inc. (TSE:3978) for ¥44.8 billion.TJ1 Co., Ltd. proposed to acquire 96.2% stake in Macromill, Inc. (TSE:3978) for ¥44.8 billion on November 14, 2024. A cash consideration valued at ¥1150 per share will be paid by TJ1 for 38,958,165 shares. The transaction is subject to minimum tender. The expected completion of the transaction is December 26, 2024. Mizuho Securities Co., Ltd. and Rakuten Securities, Inc. acted as tender offer agent to Macromill.New Risk • Nov 15New 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 6.3% 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 High level of debt (44% net debt to equity). Share price has been volatile over the past 3 months (6.3% average weekly change).最新情報をもっと見るRecent updatesお知らせ • May 30Macromill, Inc. to Delist from Prime Section of the Tokyo Stock Exchange, Effective June 17, 2025Macromill, Inc. will be delisted from Prime Section of the Tokyo Stock Exchange effective from June 17, 2025, due to Reverse stock split.お知らせ • Mar 18Macromill, Inc. to Report Q3, 2025 Results on May 15, 2025Macromill, Inc. announced that they will report Q3, 2025 results on May 15, 2025Reported Earnings • Feb 18First half 2025 earnings released: EPS: JP¥37.95 (vs JP¥23.24 in 1H 2024)First half 2025 results: EPS: JP¥37.95 (up from JP¥23.24 in 1H 2024). Revenue: JP¥22.6b (up 2.5% from 1H 2024). Net income: JP¥1.44b (up 62% from 1H 2024). Profit margin: 6.3% (up from 4.0% in 1H 2024). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.お知らせ • Jan 17Macromill, Inc. to Report Q2, 2025 Results on Feb 14, 2025Macromill, Inc. announced that they will report Q2, 2025 results on Feb 14, 2025お知らせ • Nov 15TJ1 Co., Ltd. proposed to acquire 96.2% stake in Macromill, Inc. (TSE:3978) for ¥44.8 billion.TJ1 Co., Ltd. proposed to acquire 96.2% stake in Macromill, Inc. (TSE:3978) for ¥44.8 billion on November 14, 2024. A cash consideration valued at ¥1150 per share will be paid by TJ1 for 38,958,165 shares. The transaction is subject to minimum tender. The expected completion of the transaction is December 26, 2024. Mizuho Securities Co., Ltd. and Rakuten Securities, Inc. acted as tender offer agent to Macromill.New Risk • Nov 15New 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 6.3% 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 High level of debt (44% net debt to equity). Share price has been volatile over the past 3 months (6.3% average weekly change).Valuation Update With 7 Day Price Move • Nov 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥971, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Media industry in Japan. Total returns to shareholders of 14% over the past three years.Price Target Changed • Nov 14Price target decreased by 8.0% to JP¥750Down from JP¥815, the current price target is provided by 1 analyst. New target price is 8.6% below last closing price of JP¥821. Stock is up 15% over the past year. The company is forecast to post earnings per share of JP¥78.70 for next year compared to JP¥60.18 last year.分析記事 • Oct 24Macromill (TSE:3978) Is Paying Out A Larger Dividend Than Last YearMacromill, Inc. ( TSE:3978 ) has announced that it will be increasing its dividend from last year's comparable payment...お知らせ • Oct 16Macromill, Inc. Launches Advertising Support and Effectiveness Measurement Solutions Using Amazon Marketing CloudMacromill, Inc. launched an advertising support solution and an advertising effectiveness measurement solution utilizing Amazon Marketing Cloud (AMC), Amazon's data clean room environment. As the importance of privacy protection continues to grow, advertising platforms are advancing the development of "Data Clean Rooms", cloud environments that enable data sharing and analysis while safeguarding user privacy. The company is also working on integrating data with the Data Clean Rooms from various ad platforms to support safe and effective data marketing for the clients. As part of this initiative, have recently completed the integration with AMC, Data Clean Room of Amazon Ads and have begun offering solutions for advertising support and effectiveness measurement on Amazon Ads. By utilizing high-quality consumer data from the proprietary panel, the larger in Japan with 1.3 million panelists, these advertising support and effectiveness measurement solutions mean can deliver and measure advertising on Amazon Ads based on detailed information that was previously unavailable. Macromill Panel Based Audience Targeting Solution for Amazon Ads: By utilizing various data sources, such as insight survey data and behavioral log data, this solution allows for ad delivery to Amazon audiences based on detailed criteria that extends beyond the targeting segments provided by Amazon Ads. This enables audience targeting aligned with a campaign's objectives, allowing ad delivery to better meet the needs and behaviors of the target audience. Advertising Effectiveness Solution for Amazon Ads: Its combine brand lift survey data with AMC's ad exposure data to measure campaign effectiveness through detailed analysis of target attributes aligned with the campaign's objectives. This allows for a more in-depth review of the campaign, providing insights that can be leveraged for continuous planning. This solution supports not only Amazon Ads but also cross-media ad effectiveness measurement. The Macromill is transforming into a Professional Marketing Services Company to help solve marketing challenges and will continue to offer innovative products based on various data obtained from consumer panels to spread innovations throughout the marketing business industry.分析記事 • Oct 10Macromill's (TSE:3978) Shareholders Will Receive A Bigger Dividend Than Last YearMacromill, Inc. ( TSE:3978 ) will increase its dividend from last year's comparable payment on the 4th of March to...お知らせ • Sep 30Macromill, Inc. to Report Q1, 2025 Results on Nov 14, 2024Macromill, Inc. announced that they will report Q1, 2025 results on Nov 14, 2024お知らせ • Sep 26Macromill, Inc. Approves Committee ChangesMacromill, Inc. announced it has decided the following changes, at the Annual General Meeting of Shareholders and board of directors meeting held on September 25, 2024. Yukiko Nakagawa- New Title: Outside Director Compensation Committee member, Audit Committee member, Current Title: Outside Director Compensation Committee member, Nomination Committee member, Yuji Shiga- New Title: Outside Director Nomination Committee member, Audit Committee member, Current Title- Outside Director Nomination Committee member, Compensation Committee member, Audit Committee member, Kimitake Ito- New Title: Outside Director Nomination Committee member, Compensation Committee member, Current Title: Outside Director Nomination Committee member, Kovari Krecsmary Szilvia- New Title: Outside Director Nomination Committee member, Compensation Committee member, Current Title: Outside Director Audit Committee member, Tsuyoshi Nishitani- New Title: Outside Director Audit Committee member.Reported Earnings • Aug 17Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: JP¥60.18 (up from JP¥45.19 in FY 2023). Revenue: JP¥43.9b (up 8.0% from FY 2023). Net income: JP¥2.29b (up 28% from FY 2023). Profit margin: 5.2% (up from 4.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.お知らせ • Aug 14+ 1 more updateMacromill, Inc., Annual General Meeting, Sep 25, 2024Macromill, Inc., Annual General Meeting, Sep 25, 2024.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to JP¥660, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 13x in the Media industry in Japan. Total loss to shareholders of 7.9% over the past three years.New Risk • Aug 02New 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 5.7% 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. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (15% operating cash flow to total debt). 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 (5.7% average weekly change).お知らせ • Jun 26Macromill, Inc. to Report Fiscal Year 2024 Results on Aug 14, 2024Macromill, Inc. announced that they will report fiscal year 2024 results on Aug 14, 2024Price Target Changed • Jun 26Price target increased by 9.6% to JP¥800Up from JP¥730, the current price target is provided by 1 analyst. New target price is 7.6% below last closing price of JP¥866. Stock is up 2.9% over the past year. The company is forecast to post earnings per share of JP¥68.68 for next year compared to JP¥45.19 last year.Upcoming Dividend • Jun 20Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.3%).お知らせ • Jun 14Macromill Launches Google Certified ADH Cross-Media Measurement Solution "Accessmill Connected"Macromill, Inc. has launched "AccessMill Connected" a service designed to facilitate the cross-media measurement of advertising effectiveness between YouTube ads and TV commercials. AccessMill Connected will optimize media planning across YouTube and TV. With one of the consumer panels in Japan and high quality as standard, Macromill is ideally placed to deliver detailed analysis of campaign effectiveness. The company has 230,000 panelists for YouTube ads and 30,000 for cross-media measurement. The scale and high quality of the Macromill panel enables detail analysis of campaign effectiveness. Privacy law changes have created the need for a sustainable way to measure advertising effectiveness after the phasing outs of third-party cookies and identifiers as a conventional ad measurement method. In December 2023, Macromill was certified by Google as a third-party measurement partner for YouTube ad brand lift and began providing YouTube ad effectiveness measurement solutions (*1). Today, with the cooperation of Google, Macromill has launched "AccessMill Connected" to provide cross-media measurement of advertising effectiveness between YouTube ads and TV commercials. Cross-media measurement of YouTube and TV ad effectiveness: As a Google-certified YouTube third-party measurement partner, the ad effectiveness measurement solution uses the Google Ads Data Hub (ADH). This allows advertisers to measure the advertising effectiveness of YouTube ads and TV commercials in a cross-media way, without relying on third- party cookies or ad identifiers. The solution was developed with the cooperation of Google. Measurement on all devices including connected TV: The solution can measure a wide range of devices, including smartphones, PCs, tablets, and connected TVs, which are in high demand. Event log-based measurement: Only third-party measurement partners of "Google Ads Data Hub" (ADH) can measure at the event log level (user actions). This cannot be measured by general analysis tools. The largest panel in Japan. 30,000 panelists for cross-media and 230,000 panelists for YouTube: Based on Macromill's consumer panel network of approximately 36 million people, the company is uniquely positioned to measure ad campaigns with the largest number of people in Japan. Detailed data analysis by demographic, device, and frequency is possible, allowing for an in-depth understanding of campaign effectiveness. In addition, measurement can be conducted from only 1.2 million impressions perfect for evaluating specialized short-term campaigns for or specific targets. Optimization of ad planning through precise effectiveness verification: Macromill offers support for cost-effective media planning through optimal ad planning based on effectiveness measurement results.分析記事 • Jun 14Macromill's (TSE:3978) Shareholders Will Receive A Bigger Dividend Than Last YearMacromill, Inc.'s ( TSE:3978 ) dividend will be increasing from last year's payment of the same period to ¥15.00 on...Valuation Update With 7 Day Price Move • May 23Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥873, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Media industry in Japan. Total returns to shareholders of 8.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,638 per share.分析記事 • May 21Macromill (TSE:3978) Is Paying Out A Larger Dividend Than Last YearMacromill, Inc. ( TSE:3978 ) will increase its dividend from last year's comparable payment on the 30th of September to...Reported Earnings • May 19Third quarter 2024 earnings released: EPS: JP¥40.84 (vs JP¥36.25 in 3Q 2023)Third quarter 2024 results: EPS: JP¥40.84 (up from JP¥36.25 in 3Q 2023). Revenue: JP¥12.2b (down 20% from 3Q 2023). Net income: JP¥1.56b (up 8.7% from 3Q 2023). Profit margin: 13% (up from 9.4% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.お知らせ • May 16+ 1 more updateMacromill, Inc. Provides Dividend Guidance for the Year Ending June 30, 2024Macromill, Inc. provided dividend guidance for the year ending June 30, 2024. For the year, the company expects dividend of JPY 15.00 per share against JPY 11. 00 per share paid for the same period a year ago.分析記事 • Apr 25Macromill's (TSE:3978) Dividend Will Be Increased To ¥13.00Macromill, Inc.'s ( TSE:3978 ) dividend will be increasing from last year's payment of the same period to ¥13.00 on...分析記事 • Mar 27Macromill (TSE:3978) Is Increasing Its Dividend To ¥13.00Macromill, Inc.'s ( TSE:3978 ) dividend will be increasing from last year's payment of the same period to ¥13.00 on...お知らせ • Mar 26Macromill, Inc. to Report Q3, 2024 Results on May 15, 2024Macromill, Inc. announced that they will report Q3, 2024 results on May 15, 2024分析記事 • Feb 26Macromill's (TSE:3978) Shareholders Will Receive A Bigger Dividend Than Last YearThe board of Macromill, Inc. ( TSE:3978 ) has announced that it will be paying its dividend of ¥13.00 on the 30th of...Reported Earnings • Feb 19Second quarter 2024 earnings released: EPS: JP¥26.22 (vs JP¥25.62 in 2Q 2023)Second quarter 2024 results: EPS: JP¥26.22. Revenue: JP¥12.5b (down 21% from 2Q 2023). Net income: JP¥1.00b (down 1.2% from 2Q 2023). Profit margin: 8.0% (up from 6.4% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Media industry in Japan.Declared Dividend • Feb 16Dividend of JP¥13.00 announcedShareholders will receive a dividend of JP¥13.00. Ex-date: 27th June 2024 Payment date: 30th September 2024 Dividend yield will be 3.3%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 24% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 130% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Dec 29Macromill, Inc. to Report Q2, 2024 Results on Feb 14, 2024Macromill, Inc. announced that they will report Q2, 2024 results on Feb 14, 2024Upcoming Dividend • Dec 21Upcoming dividend of JP¥12.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 06 March 2024. Payout ratio is a comfortable 56% 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 (2.7%).Reported Earnings • Nov 18First quarter 2024 earnings released: JP¥2.96 loss per share (vs JP¥5.16 profit in 1Q 2023)First quarter 2024 results: JP¥2.96 loss per share (down from JP¥5.16 profit in 1Q 2023). Revenue: JP¥9.61b (down 23% from 1Q 2023). Net loss: JP¥113.0m (down 155% from profit in 1Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Price Target Changed • Nov 17Price target increased by 9.1% to JP¥1,200Up from JP¥1,100, the current price target is provided by 1 analyst. New target price is 67% above last closing price of JP¥720. Stock is down 37% over the past year. The company is forecast to post earnings per share of JP¥78.30 for next year compared to JP¥45.19 last year.お知らせ • Oct 01Macromill, Inc. to Report Q1, 2024 Results on Nov 14, 2023Macromill, Inc. announced that they will report Q1, 2024 results on Nov 14, 2023お知らせ • Sep 29+ 2 more updatesMacromill, Inc. Approves Appointment of Shintaro Hashimoto, Global Chief Financial Officer as Chief Financial OfficerMacromill, Inc. announced it has decided the following changes, at the Annual General Meeting of Shareholders and board of directors meeting held on September 27, 2023. Appointment of Shintaro Hashimoto, global chief financial officer as chief financial officer.お知らせ • Aug 14+ 1 more updateMacromill, Inc. Announces Resignation of Naofumi Nishi as Director and Makoto Naito as Outside DirectorMacromill, Inc. announced resignation of Naofumi Nishi as Director and Makoto Naito as Outside Director.Major Estimate Revision • Jul 01Consensus revenue estimates decrease by 17%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from JP¥49.1b to JP¥40.8b. EPS estimate unchanged from JP¥218 per share at last update. Media industry in Japan expected to see average net income growth of 6.2% next year. Consensus price target down from JP¥1,100 to JP¥1,000. Share price was steady at JP¥841 over the past week.お知らせ • Jun 29Macromill, Inc. to Report Fiscal Year 2023 Results on Aug 14, 2023Macromill, Inc. announced that they will report fiscal year 2023 results on Aug 14, 2023Upcoming Dividend • Jun 22Upcoming dividend of JP¥11.00 per share at 2.6% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (2.4%).Major Estimate Revision • May 25Consensus revenue estimates decrease by 14%, EPS upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from JP¥57.4b to JP¥49.1b. EPS estimate increased from JP¥94.73 to JP¥218 per share. Net income forecast to grow 21% next year vs 4.0% growth forecast for Media industry in Japan. Consensus price target of JP¥1,150 unchanged from last update. Share price rose 2.7% to JP¥904 over the past week.お知らせ • May 17+ 1 more updateMacromill, Inc. Revises Consolidated Earnings Guidance for the Full Year Ending June 30, 2023Macromill, Inc. revised consolidated earnings guidance for the full year ending June 30, 2023. For the year, the company raised revenue expectation to be JPY 40,500 million from JPY 56,000 million, Operating Profit to be JPY 4,300 million from JPY 6,550 million, Profit for the year to be JPY 9,200 million from JPY 4,420 million, Profit attributable to owners of the parent to be JPY 8,500 million from JPY 3,720 million and Basic Earnings per Share to be JPY 215.16 from JPY 94.03 per share of previous guidance respectively.The Company discloses its Overseas (ex-Korea) business segment as discontinued business after May 15, 2023 (in the middle of the fourth quarter of FY6/2023). Thereby, the Company discloses revised Revenue, EBITDA, Operating Profit, and Profit before Tax as the continuing business retroactively from the beginning of the period. Profit for the year and Profit attributable to owners of the parent include both continuing and discontinued businesses. The Company revises Revenue, EBITDA, Operating Profit, and Profit before tax in its full-year annual guidance because it anticipates Japan and Korea Business segment (continuing business) falls below the initial guidance in addition to the abovementioned impact that the Company excludes discontinued business retroactively from the beginning of the period. On the other hand, Profit for the year and Profit attributable to owners of the parent are expected to significantly exceed the initial guidance due to the recording of gains on transfer, etc. related to this transaction. Thus, the Company revises its guidance Profit for the year and Profit attributable to owners of the parent upward.お知らせ • May 16+ 1 more updateMacromill, Inc. (TSE:3978) announces an Equity Buyback for 1,500,000 shares, representing 3.79% for ¥1,200 million.Macromill, Inc. (TSE:3978) announces a share repurchase program. Under the program, the company will repurchase up to 1,500,000 shares, representing 3.79% of its issued share capital, for ¥1,200 million. The purpose of program is improving capital efficiency and executing a flexible capital policy according to the business environment and returning profits to shareholders. The program will expire on September 30, 2023. As of March 31, 2023, the company had 39,588,065 shares in issue (excluding treasury stock) and 892,435 shares in treasury.Price Target Changed • Mar 15Price target decreased by 8.0% to JP¥1,150Down from JP¥1,250, the current price target is an average from 2 analysts. New target price is 31% above last closing price of JP¥877. Stock is down 21% over the past year. The company is forecast to post earnings per share of JP¥83.26 for next year compared to JP¥79.69 last year.Reported Earnings • Feb 17Second quarter 2023 earnings released: EPS: JP¥25.62 (vs JP¥36.19 in 2Q 2022)Second quarter 2023 results: EPS: JP¥25.62 (down from JP¥36.19 in 2Q 2022). Revenue: JP¥15.7b (up 16% from 2Q 2022). Net income: JP¥1.01b (down 29% from 2Q 2022). Profit margin: 6.4% (down from 11% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 14+ 1 more updateMacromill, Inc. Provides Consolidated Earnings Guidance for the Full Year Ending June 30, 2023Macromill, Inc. provided consolidated earnings guidance for the full year ending June 30, 2023. For the year, the company expects revenue of JPY 56,000 million, operating profit of JPY 6,550 million and profit attributable to owners of parent of JPY 3,720 million or JPY 94.03 per basic share.お知らせ • Jan 09Macromill, Inc. to Report Q2, 2023 Results on Feb 14, 2023Macromill, Inc. announced that they will report Q2, 2023 results on Feb 14, 2023Upcoming Dividend • Dec 22Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 07 March 2023. Payout ratio is a comfortable 24% 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 (2.7%).Price Target Changed • Dec 09Price target increased to JP¥1,250Up from JP¥1,150, the current price target is an average from 2 analysts. New target price is 21% above last closing price of JP¥1,037. Stock is up 2.3% over the past year. The company is forecast to post earnings per share of JP¥88.69 for next year compared to JP¥79.69 last year.Price Target Changed • Nov 16Price target increased to JP¥1,250Up from JP¥1,150, the current price target is provided by 1 analyst. New target price is 7.6% above last closing price of JP¥1,162. Stock is up 22% over the past year. The company is forecast to post earnings per share of JP¥85.86 for next year compared to JP¥79.69 last year.Price Target Changed • Sep 14Price target increased to JP¥1,250Up from JP¥1,150, the current price target is an average from 2 analysts. New target price is 6.7% above last closing price of JP¥1,171. Stock is up 43% over the past year. The company is forecast to post earnings per share of JP¥76.32 for next year compared to JP¥70.08 last year.Valuation Update With 7 Day Price Move • Aug 10Investor sentiment improved over the past weekAfter last week's 22% share price gain to JP¥1,127, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Media industry in Japan. Total returns to shareholders of 20% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,059 per share.Upcoming Dividend • Jun 22Upcoming dividend of JP¥9.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 30 September 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.4%).Price Target Changed • Apr 27Price target increased to JP¥1,200Up from JP¥1,060, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of JP¥1,182. Stock is up 39% over the past year. The company is forecast to post earnings per share of JP¥81.85 for next year compared to JP¥70.08 last year.Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to JP¥971, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Media industry in Japan. Total loss to shareholders of 28% over the past three years.Reported Earnings • Feb 18Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: EPS: JP¥36.19 (up from JP¥27.21 in 2Q 2021). Revenue: JP¥13.5b (up 13% from 2Q 2021). Net income: JP¥1.43b (up 30% from 2Q 2021). Profit margin: 11% (up from 9.2% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 4.9%. Over the next year, revenue is forecast to grow 9.6%, compared to a 3.0% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Feb 16Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from JP¥47.5b to JP¥48.8b. EPS estimate increased from JP¥68.64 to JP¥77.45 per share. Net income forecast to grow 0.7% next year vs 5.4% growth forecast for Media industry in Japan. Consensus price target of JP¥1,060 unchanged from last update. Share price rose 10% to JP¥1,253 over the past week.Price Target Changed • Dec 08Price target increased to JP¥970Up from JP¥830, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of JP¥1,014. Stock is up 46% over the past year. The company is forecast to post earnings per share of JP¥68.64 for next year compared to JP¥70.08 last year.Reported Earnings • Nov 17First quarter 2022 earnings released: EPS JP¥13.13 (vs JP¥5.83 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥10.9b (up 20% from 1Q 2021). Net income: JP¥518.0m (up 120% from 1Q 2021). Profit margin: 4.8% (up from 2.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.Reported Earnings • Oct 05Full year 2021 earnings released: EPS JP¥70.08 (vs JP¥52.94 loss in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥43.2b (up 4.6% from FY 2020). Net income: JP¥2.82b (up JP¥4.95b from FY 2020). Profit margin: 6.5% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 36 percentage points per year, which is a significant difference in performance.Price Target Changed • Sep 24Price target decreased to JP¥830Down from JP¥915, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of JP¥830. Stock is up 9.8% over the past year.Upcoming Dividend • Jun 22Upcoming dividend of JP¥13.00 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 30 September 2021. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.0%). In line with average of industry peers (1.6%).Price Target Changed • Jun 19Price target increased to JP¥1,010Up from JP¥917, the current price target is an average from 4 analysts. New target price is 18% above last closing price of JP¥859. Stock is up 15% over the past year.Reported Earnings • Feb 11Second quarter 2021 earnings released: EPS JP¥27.25 (vs JP¥33.61 in 2Q 2020)The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: JP¥11.9b (flat on 2Q 2020). Net income: JP¥1.10b (down 19% from 2Q 2020). Profit margin: 9.2% (down from 11% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 32% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Feb 10New 90-day high: JP¥892The company is up 31% from its price of JP¥683 on 12 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥2,024 per share.Is New 90 Day High Low • Jan 22New 90-day high: JP¥741The company is up 3.0% from its price of JP¥718 on 23 October 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥1,919 per share.Price Target Changed • Dec 01Price target lowered to JP¥958Down from JP¥1,538, the current price target is an average from 4 analysts. The new target price is 43% above the current share price of JP¥671. As of last close, the stock is down 33% over the past year.株主還元3978JP MediaJP 市場7D0.2%0.8%1.2%1Y42.8%4.4%42.1%株主還元を見る業界別リターン: 3978過去 1 年間で4.4 % の収益を上げたJP Media業界を上回りました。リターン対市場: 3978過去 1 年間で42.1 % の収益を上げたJP市場を上回りました。価格変動Is 3978's price volatile compared to industry and market?3978 volatility3978 Average Weekly Movement3.3%Media Industry Average Movement5.1%Market Average Movement5.0%10% most volatile stocks in JP Market9.6%10% least volatile stocks in JP Market2.5%安定した株価: 3978 、 JP市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 3978の 週次ボラティリティ ( 3% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト20002,228Toru Sasakiwww.macromill.comマクロミル株式会社は、マーケティングリサーチとデジタルマーケティングのソリューションを国内外で提供しています。グローバルリサーチサービス、購買・ライフスタイル分野のデータベース事業、セルフ型リサーチASP、データ活用支援、マーケティング施策支援、ライフサイエンス事業サービスを提供。同社は2000年に設立され、東京に本社を置いている。2025年3月18日現在、株式会社マクロミルは株式会社TJ1の子会社として事業を展開している。もっと見るMacromill, Inc. 基礎のまとめMacromill の収益と売上を時価総額と比較するとどうか。3978 基礎統計学時価総額JP¥48.31b収益（TTM）JP¥2.84b売上高(TTM)JP¥44.40b17.0xPER（株価収益率1.1xP/Sレシオ3978 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計3978 損益計算書（TTM）収益JP¥44.40b売上原価JP¥38.71b売上総利益JP¥5.70bその他の費用JP¥2.86b収益JP¥2.84b直近の収益報告Dec 31, 2024次回決算日該当なし一株当たり利益（EPS）74.95グロス・マージン12.83%純利益率6.40%有利子負債／自己資本比率87.0%3978 の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation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2025/06/18 13:31終値2025/06/16 00:00収益2024/12/31年間収益2024/06/30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Macromill, Inc. 0 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。5 アナリスト機関Hiroyasu EguchiBofA Global ResearchHideo NodaCLSAMasaki MotomuraNomura Securities Co. Ltd.2 その他のアナリストを表示
お知らせ • May 30Macromill, Inc. to Delist from Prime Section of the Tokyo Stock Exchange, Effective June 17, 2025Macromill, Inc. will be delisted from Prime Section of the Tokyo Stock Exchange effective from June 17, 2025, due to Reverse stock split.
お知らせ • Mar 18Macromill, Inc. to Report Q3, 2025 Results on May 15, 2025Macromill, Inc. announced that they will report Q3, 2025 results on May 15, 2025
Reported Earnings • Feb 18First half 2025 earnings released: EPS: JP¥37.95 (vs JP¥23.24 in 1H 2024)First half 2025 results: EPS: JP¥37.95 (up from JP¥23.24 in 1H 2024). Revenue: JP¥22.6b (up 2.5% from 1H 2024). Net income: JP¥1.44b (up 62% from 1H 2024). Profit margin: 6.3% (up from 4.0% in 1H 2024). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • Jan 17Macromill, Inc. to Report Q2, 2025 Results on Feb 14, 2025Macromill, Inc. announced that they will report Q2, 2025 results on Feb 14, 2025
お知らせ • Nov 15TJ1 Co., Ltd. proposed to acquire 96.2% stake in Macromill, Inc. (TSE:3978) for ¥44.8 billion.TJ1 Co., Ltd. proposed to acquire 96.2% stake in Macromill, Inc. (TSE:3978) for ¥44.8 billion on November 14, 2024. A cash consideration valued at ¥1150 per share will be paid by TJ1 for 38,958,165 shares. The transaction is subject to minimum tender. The expected completion of the transaction is December 26, 2024. Mizuho Securities Co., Ltd. and Rakuten Securities, Inc. acted as tender offer agent to Macromill.
New Risk • Nov 15New 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 6.3% 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 High level of debt (44% net debt to equity). Share price has been volatile over the past 3 months (6.3% average weekly change).
お知らせ • May 30Macromill, Inc. to Delist from Prime Section of the Tokyo Stock Exchange, Effective June 17, 2025Macromill, Inc. will be delisted from Prime Section of the Tokyo Stock Exchange effective from June 17, 2025, due to Reverse stock split.
お知らせ • Mar 18Macromill, Inc. to Report Q3, 2025 Results on May 15, 2025Macromill, Inc. announced that they will report Q3, 2025 results on May 15, 2025
Reported Earnings • Feb 18First half 2025 earnings released: EPS: JP¥37.95 (vs JP¥23.24 in 1H 2024)First half 2025 results: EPS: JP¥37.95 (up from JP¥23.24 in 1H 2024). Revenue: JP¥22.6b (up 2.5% from 1H 2024). Net income: JP¥1.44b (up 62% from 1H 2024). Profit margin: 6.3% (up from 4.0% in 1H 2024). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • Jan 17Macromill, Inc. to Report Q2, 2025 Results on Feb 14, 2025Macromill, Inc. announced that they will report Q2, 2025 results on Feb 14, 2025
お知らせ • Nov 15TJ1 Co., Ltd. proposed to acquire 96.2% stake in Macromill, Inc. (TSE:3978) for ¥44.8 billion.TJ1 Co., Ltd. proposed to acquire 96.2% stake in Macromill, Inc. (TSE:3978) for ¥44.8 billion on November 14, 2024. A cash consideration valued at ¥1150 per share will be paid by TJ1 for 38,958,165 shares. The transaction is subject to minimum tender. The expected completion of the transaction is December 26, 2024. Mizuho Securities Co., Ltd. and Rakuten Securities, Inc. acted as tender offer agent to Macromill.
New Risk • Nov 15New 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 6.3% 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 High level of debt (44% net debt to equity). Share price has been volatile over the past 3 months (6.3% average weekly change).
Valuation Update With 7 Day Price Move • Nov 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥971, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Media industry in Japan. Total returns to shareholders of 14% over the past three years.
Price Target Changed • Nov 14Price target decreased by 8.0% to JP¥750Down from JP¥815, the current price target is provided by 1 analyst. New target price is 8.6% below last closing price of JP¥821. Stock is up 15% over the past year. The company is forecast to post earnings per share of JP¥78.70 for next year compared to JP¥60.18 last year.
分析記事 • Oct 24Macromill (TSE:3978) Is Paying Out A Larger Dividend Than Last YearMacromill, Inc. ( TSE:3978 ) has announced that it will be increasing its dividend from last year's comparable payment...
お知らせ • Oct 16Macromill, Inc. Launches Advertising Support and Effectiveness Measurement Solutions Using Amazon Marketing CloudMacromill, Inc. launched an advertising support solution and an advertising effectiveness measurement solution utilizing Amazon Marketing Cloud (AMC), Amazon's data clean room environment. As the importance of privacy protection continues to grow, advertising platforms are advancing the development of "Data Clean Rooms", cloud environments that enable data sharing and analysis while safeguarding user privacy. The company is also working on integrating data with the Data Clean Rooms from various ad platforms to support safe and effective data marketing for the clients. As part of this initiative, have recently completed the integration with AMC, Data Clean Room of Amazon Ads and have begun offering solutions for advertising support and effectiveness measurement on Amazon Ads. By utilizing high-quality consumer data from the proprietary panel, the larger in Japan with 1.3 million panelists, these advertising support and effectiveness measurement solutions mean can deliver and measure advertising on Amazon Ads based on detailed information that was previously unavailable. Macromill Panel Based Audience Targeting Solution for Amazon Ads: By utilizing various data sources, such as insight survey data and behavioral log data, this solution allows for ad delivery to Amazon audiences based on detailed criteria that extends beyond the targeting segments provided by Amazon Ads. This enables audience targeting aligned with a campaign's objectives, allowing ad delivery to better meet the needs and behaviors of the target audience. Advertising Effectiveness Solution for Amazon Ads: Its combine brand lift survey data with AMC's ad exposure data to measure campaign effectiveness through detailed analysis of target attributes aligned with the campaign's objectives. This allows for a more in-depth review of the campaign, providing insights that can be leveraged for continuous planning. This solution supports not only Amazon Ads but also cross-media ad effectiveness measurement. The Macromill is transforming into a Professional Marketing Services Company to help solve marketing challenges and will continue to offer innovative products based on various data obtained from consumer panels to spread innovations throughout the marketing business industry.
分析記事 • Oct 10Macromill's (TSE:3978) Shareholders Will Receive A Bigger Dividend Than Last YearMacromill, Inc. ( TSE:3978 ) will increase its dividend from last year's comparable payment on the 4th of March to...
お知らせ • Sep 30Macromill, Inc. to Report Q1, 2025 Results on Nov 14, 2024Macromill, Inc. announced that they will report Q1, 2025 results on Nov 14, 2024
お知らせ • Sep 26Macromill, Inc. Approves Committee ChangesMacromill, Inc. announced it has decided the following changes, at the Annual General Meeting of Shareholders and board of directors meeting held on September 25, 2024. Yukiko Nakagawa- New Title: Outside Director Compensation Committee member, Audit Committee member, Current Title: Outside Director Compensation Committee member, Nomination Committee member, Yuji Shiga- New Title: Outside Director Nomination Committee member, Audit Committee member, Current Title- Outside Director Nomination Committee member, Compensation Committee member, Audit Committee member, Kimitake Ito- New Title: Outside Director Nomination Committee member, Compensation Committee member, Current Title: Outside Director Nomination Committee member, Kovari Krecsmary Szilvia- New Title: Outside Director Nomination Committee member, Compensation Committee member, Current Title: Outside Director Audit Committee member, Tsuyoshi Nishitani- New Title: Outside Director Audit Committee member.
Reported Earnings • Aug 17Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: JP¥60.18 (up from JP¥45.19 in FY 2023). Revenue: JP¥43.9b (up 8.0% from FY 2023). Net income: JP¥2.29b (up 28% from FY 2023). Profit margin: 5.2% (up from 4.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
お知らせ • Aug 14+ 1 more updateMacromill, Inc., Annual General Meeting, Sep 25, 2024Macromill, Inc., Annual General Meeting, Sep 25, 2024.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to JP¥660, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 13x in the Media industry in Japan. Total loss to shareholders of 7.9% over the past three years.
New Risk • Aug 02New 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 5.7% 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. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (15% operating cash flow to total debt). 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 (5.7% average weekly change).
お知らせ • Jun 26Macromill, Inc. to Report Fiscal Year 2024 Results on Aug 14, 2024Macromill, Inc. announced that they will report fiscal year 2024 results on Aug 14, 2024
Price Target Changed • Jun 26Price target increased by 9.6% to JP¥800Up from JP¥730, the current price target is provided by 1 analyst. New target price is 7.6% below last closing price of JP¥866. Stock is up 2.9% over the past year. The company is forecast to post earnings per share of JP¥68.68 for next year compared to JP¥45.19 last year.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.3%).
お知らせ • Jun 14Macromill Launches Google Certified ADH Cross-Media Measurement Solution "Accessmill Connected"Macromill, Inc. has launched "AccessMill Connected" a service designed to facilitate the cross-media measurement of advertising effectiveness between YouTube ads and TV commercials. AccessMill Connected will optimize media planning across YouTube and TV. With one of the consumer panels in Japan and high quality as standard, Macromill is ideally placed to deliver detailed analysis of campaign effectiveness. The company has 230,000 panelists for YouTube ads and 30,000 for cross-media measurement. The scale and high quality of the Macromill panel enables detail analysis of campaign effectiveness. Privacy law changes have created the need for a sustainable way to measure advertising effectiveness after the phasing outs of third-party cookies and identifiers as a conventional ad measurement method. In December 2023, Macromill was certified by Google as a third-party measurement partner for YouTube ad brand lift and began providing YouTube ad effectiveness measurement solutions (*1). Today, with the cooperation of Google, Macromill has launched "AccessMill Connected" to provide cross-media measurement of advertising effectiveness between YouTube ads and TV commercials. Cross-media measurement of YouTube and TV ad effectiveness: As a Google-certified YouTube third-party measurement partner, the ad effectiveness measurement solution uses the Google Ads Data Hub (ADH). This allows advertisers to measure the advertising effectiveness of YouTube ads and TV commercials in a cross-media way, without relying on third- party cookies or ad identifiers. The solution was developed with the cooperation of Google. Measurement on all devices including connected TV: The solution can measure a wide range of devices, including smartphones, PCs, tablets, and connected TVs, which are in high demand. Event log-based measurement: Only third-party measurement partners of "Google Ads Data Hub" (ADH) can measure at the event log level (user actions). This cannot be measured by general analysis tools. The largest panel in Japan. 30,000 panelists for cross-media and 230,000 panelists for YouTube: Based on Macromill's consumer panel network of approximately 36 million people, the company is uniquely positioned to measure ad campaigns with the largest number of people in Japan. Detailed data analysis by demographic, device, and frequency is possible, allowing for an in-depth understanding of campaign effectiveness. In addition, measurement can be conducted from only 1.2 million impressions perfect for evaluating specialized short-term campaigns for or specific targets. Optimization of ad planning through precise effectiveness verification: Macromill offers support for cost-effective media planning through optimal ad planning based on effectiveness measurement results.
分析記事 • Jun 14Macromill's (TSE:3978) Shareholders Will Receive A Bigger Dividend Than Last YearMacromill, Inc.'s ( TSE:3978 ) dividend will be increasing from last year's payment of the same period to ¥15.00 on...
Valuation Update With 7 Day Price Move • May 23Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥873, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Media industry in Japan. Total returns to shareholders of 8.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,638 per share.
分析記事 • May 21Macromill (TSE:3978) Is Paying Out A Larger Dividend Than Last YearMacromill, Inc. ( TSE:3978 ) will increase its dividend from last year's comparable payment on the 30th of September to...
Reported Earnings • May 19Third quarter 2024 earnings released: EPS: JP¥40.84 (vs JP¥36.25 in 3Q 2023)Third quarter 2024 results: EPS: JP¥40.84 (up from JP¥36.25 in 3Q 2023). Revenue: JP¥12.2b (down 20% from 3Q 2023). Net income: JP¥1.56b (up 8.7% from 3Q 2023). Profit margin: 13% (up from 9.4% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
お知らせ • May 16+ 1 more updateMacromill, Inc. Provides Dividend Guidance for the Year Ending June 30, 2024Macromill, Inc. provided dividend guidance for the year ending June 30, 2024. For the year, the company expects dividend of JPY 15.00 per share against JPY 11. 00 per share paid for the same period a year ago.
分析記事 • Apr 25Macromill's (TSE:3978) Dividend Will Be Increased To ¥13.00Macromill, Inc.'s ( TSE:3978 ) dividend will be increasing from last year's payment of the same period to ¥13.00 on...
分析記事 • Mar 27Macromill (TSE:3978) Is Increasing Its Dividend To ¥13.00Macromill, Inc.'s ( TSE:3978 ) dividend will be increasing from last year's payment of the same period to ¥13.00 on...
お知らせ • Mar 26Macromill, Inc. to Report Q3, 2024 Results on May 15, 2024Macromill, Inc. announced that they will report Q3, 2024 results on May 15, 2024
分析記事 • Feb 26Macromill's (TSE:3978) Shareholders Will Receive A Bigger Dividend Than Last YearThe board of Macromill, Inc. ( TSE:3978 ) has announced that it will be paying its dividend of ¥13.00 on the 30th of...
Reported Earnings • Feb 19Second quarter 2024 earnings released: EPS: JP¥26.22 (vs JP¥25.62 in 2Q 2023)Second quarter 2024 results: EPS: JP¥26.22. Revenue: JP¥12.5b (down 21% from 2Q 2023). Net income: JP¥1.00b (down 1.2% from 2Q 2023). Profit margin: 8.0% (up from 6.4% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Media industry in Japan.
Declared Dividend • Feb 16Dividend of JP¥13.00 announcedShareholders will receive a dividend of JP¥13.00. Ex-date: 27th June 2024 Payment date: 30th September 2024 Dividend yield will be 3.3%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 24% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 130% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Dec 29Macromill, Inc. to Report Q2, 2024 Results on Feb 14, 2024Macromill, Inc. announced that they will report Q2, 2024 results on Feb 14, 2024
Upcoming Dividend • Dec 21Upcoming dividend of JP¥12.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 06 March 2024. Payout ratio is a comfortable 56% 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 (2.7%).
Reported Earnings • Nov 18First quarter 2024 earnings released: JP¥2.96 loss per share (vs JP¥5.16 profit in 1Q 2023)First quarter 2024 results: JP¥2.96 loss per share (down from JP¥5.16 profit in 1Q 2023). Revenue: JP¥9.61b (down 23% from 1Q 2023). Net loss: JP¥113.0m (down 155% from profit in 1Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Nov 17Price target increased by 9.1% to JP¥1,200Up from JP¥1,100, the current price target is provided by 1 analyst. New target price is 67% above last closing price of JP¥720. Stock is down 37% over the past year. The company is forecast to post earnings per share of JP¥78.30 for next year compared to JP¥45.19 last year.
お知らせ • Oct 01Macromill, Inc. to Report Q1, 2024 Results on Nov 14, 2023Macromill, Inc. announced that they will report Q1, 2024 results on Nov 14, 2023
お知らせ • Sep 29+ 2 more updatesMacromill, Inc. Approves Appointment of Shintaro Hashimoto, Global Chief Financial Officer as Chief Financial OfficerMacromill, Inc. announced it has decided the following changes, at the Annual General Meeting of Shareholders and board of directors meeting held on September 27, 2023. Appointment of Shintaro Hashimoto, global chief financial officer as chief financial officer.
お知らせ • Aug 14+ 1 more updateMacromill, Inc. Announces Resignation of Naofumi Nishi as Director and Makoto Naito as Outside DirectorMacromill, Inc. announced resignation of Naofumi Nishi as Director and Makoto Naito as Outside Director.
Major Estimate Revision • Jul 01Consensus revenue estimates decrease by 17%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from JP¥49.1b to JP¥40.8b. EPS estimate unchanged from JP¥218 per share at last update. Media industry in Japan expected to see average net income growth of 6.2% next year. Consensus price target down from JP¥1,100 to JP¥1,000. Share price was steady at JP¥841 over the past week.
お知らせ • Jun 29Macromill, Inc. to Report Fiscal Year 2023 Results on Aug 14, 2023Macromill, Inc. announced that they will report fiscal year 2023 results on Aug 14, 2023
Upcoming Dividend • Jun 22Upcoming dividend of JP¥11.00 per share at 2.6% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (2.4%).
Major Estimate Revision • May 25Consensus revenue estimates decrease by 14%, EPS upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from JP¥57.4b to JP¥49.1b. EPS estimate increased from JP¥94.73 to JP¥218 per share. Net income forecast to grow 21% next year vs 4.0% growth forecast for Media industry in Japan. Consensus price target of JP¥1,150 unchanged from last update. Share price rose 2.7% to JP¥904 over the past week.
お知らせ • May 17+ 1 more updateMacromill, Inc. Revises Consolidated Earnings Guidance for the Full Year Ending June 30, 2023Macromill, Inc. revised consolidated earnings guidance for the full year ending June 30, 2023. For the year, the company raised revenue expectation to be JPY 40,500 million from JPY 56,000 million, Operating Profit to be JPY 4,300 million from JPY 6,550 million, Profit for the year to be JPY 9,200 million from JPY 4,420 million, Profit attributable to owners of the parent to be JPY 8,500 million from JPY 3,720 million and Basic Earnings per Share to be JPY 215.16 from JPY 94.03 per share of previous guidance respectively.The Company discloses its Overseas (ex-Korea) business segment as discontinued business after May 15, 2023 (in the middle of the fourth quarter of FY6/2023). Thereby, the Company discloses revised Revenue, EBITDA, Operating Profit, and Profit before Tax as the continuing business retroactively from the beginning of the period. Profit for the year and Profit attributable to owners of the parent include both continuing and discontinued businesses. The Company revises Revenue, EBITDA, Operating Profit, and Profit before tax in its full-year annual guidance because it anticipates Japan and Korea Business segment (continuing business) falls below the initial guidance in addition to the abovementioned impact that the Company excludes discontinued business retroactively from the beginning of the period. On the other hand, Profit for the year and Profit attributable to owners of the parent are expected to significantly exceed the initial guidance due to the recording of gains on transfer, etc. related to this transaction. Thus, the Company revises its guidance Profit for the year and Profit attributable to owners of the parent upward.
お知らせ • May 16+ 1 more updateMacromill, Inc. (TSE:3978) announces an Equity Buyback for 1,500,000 shares, representing 3.79% for ¥1,200 million.Macromill, Inc. (TSE:3978) announces a share repurchase program. Under the program, the company will repurchase up to 1,500,000 shares, representing 3.79% of its issued share capital, for ¥1,200 million. The purpose of program is improving capital efficiency and executing a flexible capital policy according to the business environment and returning profits to shareholders. The program will expire on September 30, 2023. As of March 31, 2023, the company had 39,588,065 shares in issue (excluding treasury stock) and 892,435 shares in treasury.
Price Target Changed • Mar 15Price target decreased by 8.0% to JP¥1,150Down from JP¥1,250, the current price target is an average from 2 analysts. New target price is 31% above last closing price of JP¥877. Stock is down 21% over the past year. The company is forecast to post earnings per share of JP¥83.26 for next year compared to JP¥79.69 last year.
Reported Earnings • Feb 17Second quarter 2023 earnings released: EPS: JP¥25.62 (vs JP¥36.19 in 2Q 2022)Second quarter 2023 results: EPS: JP¥25.62 (down from JP¥36.19 in 2Q 2022). Revenue: JP¥15.7b (up 16% from 2Q 2022). Net income: JP¥1.01b (down 29% from 2Q 2022). Profit margin: 6.4% (down from 11% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 14+ 1 more updateMacromill, Inc. Provides Consolidated Earnings Guidance for the Full Year Ending June 30, 2023Macromill, Inc. provided consolidated earnings guidance for the full year ending June 30, 2023. For the year, the company expects revenue of JPY 56,000 million, operating profit of JPY 6,550 million and profit attributable to owners of parent of JPY 3,720 million or JPY 94.03 per basic share.
お知らせ • Jan 09Macromill, Inc. to Report Q2, 2023 Results on Feb 14, 2023Macromill, Inc. announced that they will report Q2, 2023 results on Feb 14, 2023
Upcoming Dividend • Dec 22Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 07 March 2023. Payout ratio is a comfortable 24% 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 (2.7%).
Price Target Changed • Dec 09Price target increased to JP¥1,250Up from JP¥1,150, the current price target is an average from 2 analysts. New target price is 21% above last closing price of JP¥1,037. Stock is up 2.3% over the past year. The company is forecast to post earnings per share of JP¥88.69 for next year compared to JP¥79.69 last year.
Price Target Changed • Nov 16Price target increased to JP¥1,250Up from JP¥1,150, the current price target is provided by 1 analyst. New target price is 7.6% above last closing price of JP¥1,162. Stock is up 22% over the past year. The company is forecast to post earnings per share of JP¥85.86 for next year compared to JP¥79.69 last year.
Price Target Changed • Sep 14Price target increased to JP¥1,250Up from JP¥1,150, the current price target is an average from 2 analysts. New target price is 6.7% above last closing price of JP¥1,171. Stock is up 43% over the past year. The company is forecast to post earnings per share of JP¥76.32 for next year compared to JP¥70.08 last year.
Valuation Update With 7 Day Price Move • Aug 10Investor sentiment improved over the past weekAfter last week's 22% share price gain to JP¥1,127, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Media industry in Japan. Total returns to shareholders of 20% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,059 per share.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥9.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 30 September 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.4%).
Price Target Changed • Apr 27Price target increased to JP¥1,200Up from JP¥1,060, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of JP¥1,182. Stock is up 39% over the past year. The company is forecast to post earnings per share of JP¥81.85 for next year compared to JP¥70.08 last year.
Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to JP¥971, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Media industry in Japan. Total loss to shareholders of 28% over the past three years.
Reported Earnings • Feb 18Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: EPS: JP¥36.19 (up from JP¥27.21 in 2Q 2021). Revenue: JP¥13.5b (up 13% from 2Q 2021). Net income: JP¥1.43b (up 30% from 2Q 2021). Profit margin: 11% (up from 9.2% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 4.9%. Over the next year, revenue is forecast to grow 9.6%, compared to a 3.0% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Feb 16Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from JP¥47.5b to JP¥48.8b. EPS estimate increased from JP¥68.64 to JP¥77.45 per share. Net income forecast to grow 0.7% next year vs 5.4% growth forecast for Media industry in Japan. Consensus price target of JP¥1,060 unchanged from last update. Share price rose 10% to JP¥1,253 over the past week.
Price Target Changed • Dec 08Price target increased to JP¥970Up from JP¥830, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of JP¥1,014. Stock is up 46% over the past year. The company is forecast to post earnings per share of JP¥68.64 for next year compared to JP¥70.08 last year.
Reported Earnings • Nov 17First quarter 2022 earnings released: EPS JP¥13.13 (vs JP¥5.83 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥10.9b (up 20% from 1Q 2021). Net income: JP¥518.0m (up 120% from 1Q 2021). Profit margin: 4.8% (up from 2.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
Reported Earnings • Oct 05Full year 2021 earnings released: EPS JP¥70.08 (vs JP¥52.94 loss in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥43.2b (up 4.6% from FY 2020). Net income: JP¥2.82b (up JP¥4.95b from FY 2020). Profit margin: 6.5% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 36 percentage points per year, which is a significant difference in performance.
Price Target Changed • Sep 24Price target decreased to JP¥830Down from JP¥915, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of JP¥830. Stock is up 9.8% over the past year.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥13.00 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 30 September 2021. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.0%). In line with average of industry peers (1.6%).
Price Target Changed • Jun 19Price target increased to JP¥1,010Up from JP¥917, the current price target is an average from 4 analysts. New target price is 18% above last closing price of JP¥859. Stock is up 15% over the past year.
Reported Earnings • Feb 11Second quarter 2021 earnings released: EPS JP¥27.25 (vs JP¥33.61 in 2Q 2020)The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: JP¥11.9b (flat on 2Q 2020). Net income: JP¥1.10b (down 19% from 2Q 2020). Profit margin: 9.2% (down from 11% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 32% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Feb 10New 90-day high: JP¥892The company is up 31% from its price of JP¥683 on 12 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥2,024 per share.
Is New 90 Day High Low • Jan 22New 90-day high: JP¥741The company is up 3.0% from its price of JP¥718 on 23 October 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥1,919 per share.
Price Target Changed • Dec 01Price target lowered to JP¥958Down from JP¥1,538, the current price target is an average from 4 analysts. The new target price is 43% above the current share price of JP¥671. As of last close, the stock is down 33% over the past year.
