View Future GrowthSystem D 過去の業績過去 基準チェック /46System Dは、平均年間3.1%の収益成長を遂げていますが、 Software業界の収益は、年間 成長しています。収益は、平均年間12% 6.3%収益成長率で 成長しています。 System Dの自己資本利益率は12.9%であり、純利益率は12.5%です。主要情報3.07%収益成長率3.18%EPS成長率Software 業界の成長12.13%収益成長率6.28%株主資本利益率12.86%ネット・マージン12.49%前回の決算情報31 Jan 2026最近の業績更新Reported Earnings • Mar 17First quarter 2026 earnings released: EPS: JP¥16.53 (vs JP¥15.14 in 1Q 2025)First quarter 2026 results: EPS: JP¥16.53 (up from JP¥15.14 in 1Q 2025). Revenue: JP¥1.06b (up 6.0% from 1Q 2025). Net income: JP¥106.0m (up 9.3% from 1Q 2025). Profit margin: 10.0% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year.Reported Earnings • Dec 16Full year 2025 earnings released: EPS: JP¥97.78 (vs JP¥86.64 in FY 2024)Full year 2025 results: EPS: JP¥97.78 (up from JP¥86.64 in FY 2024). Revenue: JP¥5.03b (up 8.7% from FY 2024). Net income: JP¥627.0m (up 13% from FY 2024). Profit margin: 13% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Nov 01System D Inc. to Report Fiscal Year 2025 Results on Dec 15, 2025System D Inc. announced that they will report fiscal year 2025 results on Dec 15, 2025Reported Earnings • Sep 17Third quarter 2025 earnings released: EPS: JP¥6.70 (vs JP¥0.31 in 3Q 2024)Third quarter 2025 results: EPS: JP¥6.70 (up from JP¥0.31 in 3Q 2024). Revenue: JP¥946.0m (up 6.1% from 3Q 2024). Net income: JP¥43.0m (up JP¥41.0m from 3Q 2024). Profit margin: 4.5% (up from 0.2% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Aug 01System D Inc. to Report Q3, 2025 Results on Sep 16, 2025System D Inc. announced that they will report Q3, 2025 results on Sep 16, 2025Reported Earnings • Jun 21Second quarter 2025 earnings released: EPS: JP¥54.44 (vs JP¥42.77 in 2Q 2024)Second quarter 2025 results: EPS: JP¥54.44 (up from JP¥42.77 in 2Q 2024). Revenue: JP¥1.80b (up 23% from 2Q 2024). Net income: JP¥349.0m (up 27% from 2Q 2024). Profit margin: 19% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.すべての更新を表示Recent updatesBuy Or Sell Opportunity • 9hNow 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.1% to JP¥543. The fair value is estimated to be JP¥688, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 3.8%.New Risk • Mar 26New 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 6.9% 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 Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (JP¥11.5b market cap, or US$71.9m).Reported Earnings • Mar 17First quarter 2026 earnings released: EPS: JP¥16.53 (vs JP¥15.14 in 1Q 2025)First quarter 2026 results: EPS: JP¥16.53 (up from JP¥15.14 in 1Q 2025). Revenue: JP¥1.06b (up 6.0% from 1Q 2025). Net income: JP¥106.0m (up 9.3% from 1Q 2025). Profit margin: 10.0% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year.Buy Or Sell Opportunity • Mar 17Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 20% to JP¥1,524. The fair value is estimated to be JP¥2,030, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 3.8%.Reported Earnings • Dec 16Full year 2025 earnings released: EPS: JP¥97.78 (vs JP¥86.64 in FY 2024)Full year 2025 results: EPS: JP¥97.78 (up from JP¥86.64 in FY 2024). Revenue: JP¥5.03b (up 8.7% from FY 2024). Net income: JP¥627.0m (up 13% from FY 2024). Profit margin: 13% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Dec 15System D Inc., Annual General Meeting, Jan 29, 2026System D Inc., Annual General Meeting, Jan 29, 2026.お知らせ • Nov 01System D Inc. to Report Fiscal Year 2025 Results on Dec 15, 2025System D Inc. announced that they will report fiscal year 2025 results on Dec 15, 2025Upcoming Dividend • Oct 23Upcoming dividend of JP¥27.00 per shareEligible shareholders must have bought the stock before 30 October 2025. Payment date: 02 February 2026. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.6%).Valuation Update With 7 Day Price Move • Sep 23Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥2,031, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 22x in the Software industry in Japan. Total returns to shareholders of 60% over the past three years.Reported Earnings • Sep 17Third quarter 2025 earnings released: EPS: JP¥6.70 (vs JP¥0.31 in 3Q 2024)Third quarter 2025 results: EPS: JP¥6.70 (up from JP¥0.31 in 3Q 2024). Revenue: JP¥946.0m (up 6.1% from 3Q 2024). Net income: JP¥43.0m (up JP¥41.0m from 3Q 2024). Profit margin: 4.5% (up from 0.2% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Aug 01System D Inc. to Report Q3, 2025 Results on Sep 16, 2025System D Inc. announced that they will report Q3, 2025 results on Sep 16, 2025Valuation Update With 7 Day Price Move • Jul 14Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥2,030, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 20x in the Software industry in Japan. Total returns to shareholders of 76% over the past three years.New Risk • Jul 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 5.2% 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 Share price has been volatile over the past 3 months (5.2% average weekly change). Market cap is less than US$100m (JP¥13.3b market cap, or US$90.2m).分析記事 • Jun 30There's Reason For Concern Over System D Inc.'s (TSE:3804) Massive 30% Price JumpSystem D Inc. ( TSE:3804 ) shareholders have had their patience rewarded with a 30% share price jump in the last month...Reported Earnings • Jun 21Second quarter 2025 earnings released: EPS: JP¥54.44 (vs JP¥42.77 in 2Q 2024)Second quarter 2025 results: EPS: JP¥54.44 (up from JP¥42.77 in 2Q 2024). Revenue: JP¥1.80b (up 23% from 2Q 2024). Net income: JP¥349.0m (up 27% from 2Q 2024). Profit margin: 19% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.分析記事 • Jun 18Calculating The Fair Value Of System D Inc. (TSE:3804)Key Insights The projected fair value for System D is JP¥2,219 based on 2 Stage Free Cash Flow to Equity Current share...Buy Or Sell Opportunity • May 28Now 21% undervaluedOver the last 90 days, the stock has risen 8.8% to JP¥1,763. The fair value is estimated to be JP¥2,230, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years, while earnings per share has been flat.Buy Or Sell Opportunity • May 09Now 20% undervaluedOver the last 90 days, the stock has risen 26% to JP¥1,794. The fair value is estimated to be JP¥2,245, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years, while earnings per share has been flat.お知らせ • May 01System D Inc. to Report Q2, 2025 Results on Jun 16, 2025System D Inc. announced that they will report Q2, 2025 results on Jun 16, 2025Reported Earnings • Mar 18First quarter 2025 earnings released: EPS: JP¥15.14 (vs JP¥10.62 in 1Q 2024)First quarter 2025 results: EPS: JP¥15.14 (up from JP¥10.62 in 1Q 2024). Revenue: JP¥1.00b (up 8.9% from 1Q 2024). Net income: JP¥97.0m (up 43% from 1Q 2024). Profit margin: 9.7% (up from 7.4% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.分析記事 • Feb 27System D (TSE:3804) Has More To Do To Multiply In Value Going ForwardIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...お知らせ • Feb 03System D Inc. to Report Q1, 2025 Results on Mar 17, 2025System D Inc. announced that they will report Q1, 2025 results on Mar 17, 2025分析記事 • Dec 23There May Be Some Bright Spots In System D's (TSE:3804) EarningsThe market for System D Inc.'s ( TSE:3804 ) shares didn't move much after it posted weak earnings recently. We did some...Reported Earnings • Dec 19Full year 2024 earnings released: EPS: JP¥86.63 (vs JP¥98.72 in FY 2023)Full year 2024 results: EPS: JP¥86.63 (down from JP¥98.72 in FY 2023). Revenue: JP¥4.63b (down 2.2% from FY 2023). Net income: JP¥555.0m (down 12% from FY 2023). Profit margin: 12% (down from 13% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 2% 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 • Dec 16System D Inc., Annual General Meeting, Jan 30, 2025System D Inc., Annual General Meeting, Jan 30, 2025.Upcoming Dividend • Oct 23Upcoming dividend of JP¥24.00 per shareEligible shareholders must have bought the stock before 30 October 2024. Payment date: 31 January 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.3%).Reported Earnings • Sep 18Third quarter 2024 earnings released: EPS: JP¥0.31 (vs JP¥2.03 in 3Q 2023)Third quarter 2024 results: EPS: JP¥0.31 (down from JP¥2.03 in 3Q 2023). Revenue: JP¥892.0m (flat on 3Q 2023). Net income: JP¥2.00m (down 85% from 3Q 2023). Profit margin: 0.2% (down from 1.5% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year.お知らせ • Aug 06System D Inc. to Report Q3, 2024 Results on Sep 17, 2024System D Inc. announced that they will report Q3, 2024 results on Sep 17, 2024Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥1,424, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 22x in the Software industry in Japan. Negligible returns to shareholders over past three years.分析記事 • Jun 17System D (TSE:3804) Is Posting Promising Earnings But The Good News Doesn’t Stop ThereShareholders appeared to be happy with System D Inc.'s ( TSE:3804 ) solid earnings report last week. Looking deeper at...分析記事 • Jun 15Market Participants Recognise System D Inc.'s (TSE:3804) Earnings Pushing Shares 25% HigherSystem D Inc. ( TSE:3804 ) shares have had a really impressive month, gaining 25% after a shaky period beforehand...分析記事 • Jun 11Returns On Capital At System D (TSE:3804) Have StalledFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Reported Earnings • Jun 11Second quarter 2024 earnings released: EPS: JP¥42.77 (vs JP¥41.39 in 2Q 2023)Second quarter 2024 results: EPS: JP¥42.77 (up from JP¥41.39 in 2Q 2023). Revenue: JP¥1.47b (flat on 2Q 2023). Net income: JP¥274.0m (up 3.4% from 2Q 2023). Profit margin: 19% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.お知らせ • May 03System D Inc. to Report Q2, 2024 Results on Jun 10, 2024System D Inc. announced that they will report Q2, 2024 results on Jun 10, 2024Reported Earnings • Mar 21First quarter 2024 earnings released: EPS: JP¥10.62 (vs JP¥17.34 in 1Q 2023)First quarter 2024 results: EPS: JP¥10.62 (down from JP¥17.34 in 1Q 2023). Revenue: JP¥921.0m (down 5.5% from 1Q 2023). Net income: JP¥68.0m (down 39% from 1Q 2023). Profit margin: 7.4% (down from 11% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.New Risk • Feb 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 27% 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 Shareholders have been diluted in the past year (27% increase in shares outstanding). Market cap is less than US$100m (JP¥10.1b market cap, or US$68.2m).Reported Earnings • Feb 03Full year 2023 earnings released: EPS: JP¥98.72 (vs JP¥92.32 in FY 2022)Full year 2023 results: EPS: JP¥98.72 (up from JP¥92.32 in FY 2022). Revenue: JP¥4.74b (up 12% from FY 2022). Net income: JP¥632.0m (up 6.9% from FY 2022). Profit margin: 13% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.お知らせ • Feb 02System D Inc. to Report Q1, 2024 Results on Mar 18, 2024System D Inc. announced that they will report Q1, 2024 results on Mar 18, 2024Reported Earnings • Dec 14Full year 2023 earnings released: EPS: JP¥98.71 (vs JP¥92.32 in FY 2022)Full year 2023 results: EPS: JP¥98.71 (up from JP¥92.32 in FY 2022). Revenue: JP¥4.74b (up 12% from FY 2022). Net income: JP¥632.0m (up 6.9% from FY 2022). Profit margin: 13% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.お知らせ • Dec 13System D Inc., Annual General Meeting, Jan 30, 2024System D Inc., Annual General Meeting, Jan 30, 2024.お知らせ • Nov 02System D Inc. to Report Fiscal Year 2023 Results on Dec 11, 2023System D Inc. announced that they will report fiscal year 2023 results on Dec 11, 2023Upcoming Dividend • Oct 23Upcoming dividend of JP¥22.00 per share at 1.5% yieldEligible shareholders must have bought the stock before 30 October 2023. Payment date: 30 January 2024. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.7%).Reported Earnings • Sep 13Third quarter 2023 earnings releasedThird quarter 2023 results: EPS: JP¥2.03. Revenue: JP¥887.0m (up 9.6% from 3Q 2022). Net income: JP¥13.0m (up JP¥13.0m from 3Q 2022). Profit margin: 1.5% (up from 0% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.お知らせ • Aug 03System D Inc. to Report Q3, 2023 Results on Sep 11, 2023System D Inc. announced that they will report Q3, 2023 results on Sep 11, 2023New Risk • Jun 17New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 37% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (37% accrual ratio). Minor Risk Market cap is less than US$100m (JP¥8.48b market cap, or US$59.8m).Reported Earnings • Jun 16Second quarter 2023 earnings released: EPS: JP¥41.38 (vs JP¥59.51 in 2Q 2022)Second quarter 2023 results: EPS: JP¥41.38 (down from JP¥59.51 in 2Q 2022). Revenue: JP¥1.45b (down 3.1% from 2Q 2022). Net income: JP¥265.0m (down 30% from 2Q 2022). Profit margin: 18% (down from 25% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 15First quarter 2023 earnings released: EPS: JP¥17.34 (vs JP¥8.75 in 1Q 2022)First quarter 2023 results: EPS: JP¥17.34 (up from JP¥8.75 in 1Q 2022). Revenue: JP¥975.0m (up 23% from 1Q 2022). Net income: JP¥111.0m (up 98% from 1Q 2022). Profit margin: 11% (up from 7.0% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 02System D Inc. to Report Q1, 2023 Results on Mar 13, 2023System D Inc. announced that they will report Q1, 2023 results on Mar 13, 2023Reported Earnings • Feb 02Full year 2022 earnings released: EPS: JP¥92.32 (vs JP¥89.24 in FY 2021)Full year 2022 results: EPS: JP¥92.32 (up from JP¥89.24 in FY 2021). Revenue: JP¥4.23b (up 10% from FY 2021). Net income: JP¥591.0m (up 3.1% from FY 2021). Profit margin: 14% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Reported Earnings • Dec 15Full year 2022 earnings released: EPS: JP¥92.30 (vs JP¥89.24 in FY 2021)Full year 2022 results: EPS: JP¥92.30 (up from JP¥89.24 in FY 2021). Revenue: JP¥4.23b (up 10% from FY 2021). Net income: JP¥591.0m (up 3.1% from FY 2021). Profit margin: 14% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 10% per year.お知らせ • Dec 14System D Inc., Annual General Meeting, Jan 27, 2023System D Inc., Annual General Meeting, Jan 27, 2023.Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 8 highly experienced directors. No independent directors (7 non-independent directors). Chairman of the Board & President Michio Doyama was the last director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.お知らせ • Nov 02System D Inc. to Report Fiscal Year 2022 Results on Dec 12, 2022System D Inc. announced that they will report fiscal year 2022 results on Dec 12, 2022Upcoming Dividend • Oct 21Upcoming dividend of JP¥19.00 per shareEligible shareholders must have bought the stock before 28 October 2022. Payment date: 31 January 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.8%).Buying Opportunity • Oct 07Now 20% undervaluedOver the last 90 days, the stock is up 12%. The fair value is estimated to be JP¥1,724, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has grown by 16%.Buying Opportunity • Sep 16Now 22% undervaluedOver the last 90 days, the stock is up 22%. The fair value is estimated to be JP¥1,743, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has grown by 16%.Reported Earnings • Sep 15Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: JP¥809.0m (down 1.7% from 3Q 2021). Net income: JP¥0 (down JP¥43.0m from profit in 3Q 2021). Profit margin: 0% (down from 5.2% in 3Q 2021). The decrease in margin was primarily driven by higher expenses. 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 24% per year, which means it is tracking significantly ahead of earnings growth.Buying Opportunity • Aug 24Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.0%. The fair value is estimated to be JP¥1,639, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 17% in 2 years. Earnings is forecast to grow by 11% in the next 2 years.Buying Opportunity • Aug 01Now 21% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be JP¥1,638, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 17% in 2 years. Earnings is forecast to grow by 11% in the next 2 years.お知らせ • Jul 31System D Inc. to Report Q3, 2022 Results on Sep 12, 2022System D Inc. announced that they will report Q3, 2022 results on Sep 12, 2022Reported Earnings • Jun 14Second quarter 2022 earnings released: EPS: JP¥59.50 (vs JP¥41.23 in 2Q 2021)Second quarter 2022 results: EPS: JP¥59.50 (up from JP¥41.23 in 2Q 2021). Revenue: JP¥1.50b (up 20% from 2Q 2021). Net income: JP¥381.0m (up 44% from 2Q 2021). Profit margin: 25% (up from 21% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.2%, compared to a 13% growth forecast for the industry in Japan. 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.Buying Opportunity • Jun 07Now 20% undervaluedOver the last 90 days, the stock is up 8.2%. The fair value is estimated to be JP¥1,590, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 22% in 2 years. Earnings is forecast to grow by 31% in the next 2 years.Buying Opportunity • May 18Now 20% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be JP¥1,599, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 22% in 2 years. Earnings is forecast to grow by 31% in the next 2 years.お知らせ • May 02System D Inc. to Report Q2, 2022 Results on Jun 13, 2022System D Inc. announced that they will report Q2, 2022 results on Jun 13, 2022Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 8 highly experienced directors. No independent directors (7 non-independent directors). Chairman of the Board & President Michio Doyama was the last director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Mar 15First quarter 2022 earnings: EPS in line with expectations, revenues disappointFirst quarter 2022 results: EPS: JP¥8.75 (down from JP¥10.81 in 1Q 2021). Revenue: JP¥796.0m (up 8.4% from 1Q 2021). Net income: JP¥56.0m (down 20% from 1Q 2021). Profit margin: 7.0% (down from 9.5% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.7%. Over the next year, revenue is forecast to grow 12%, compared to a 14% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 25% per year.Reported Earnings • Feb 03Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥89.24 (up from JP¥78.56 in FY 2020). Revenue: JP¥3.84b (flat on FY 2020). Net income: JP¥573.0m (up 12% from FY 2020). Profit margin: 15% (up from 13% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 11%, compared to a 16% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 02System D Inc. to Report Q1, 2022 Results on Mar 14, 2022System D Inc. announced that they will report Q1, 2022 results on Mar 14, 2022Valuation Update With 7 Day Price Move • Dec 20Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to JP¥1,183, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 22x in the Software industry in Japan. Total returns to shareholders of 128% over the past three years.Reported Earnings • Dec 16Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥89.24 (up from JP¥78.56 in FY 2020). Revenue: JP¥3.84b (flat on FY 2020). Net income: JP¥573.0m (up 12% from FY 2020). Profit margin: 15% (up from 13% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Oct 21Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 28 October 2021. Payment date: 29 January 2022. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.0%). Lower than average of industry peers (1.3%).Reported Earnings • Sep 15Third quarter 2021 earnings released: EPS JP¥6.72 (vs JP¥5.24 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥823.0m (up 18% from 3Q 2020). Net income: JP¥43.0m (up JP¥77.0m from 3Q 2020). Profit margin: 5.2% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 24% per year.Reported Earnings • Jun 17Second quarter 2021 earnings released: EPS JP¥41.23 (vs JP¥60.69 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥1.25b (down 17% from 2Q 2020). Net income: JP¥264.0m (down 33% from 2Q 2020). Profit margin: 21% (down from 26% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 31% per year.分析記事 • Apr 28Why System D Inc. (TYO:3804) Could Be Worth WatchingSystem D Inc. ( TYO:3804 ), might not be a large cap stock, but it saw significant share price movement during recent...分析記事 • Apr 13Do System D's (TYO:3804) Earnings Warrant Your Attention?It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...分析記事 • Mar 29Is System D Inc. (TYO:3804) A Smart Pick For Income Investors?Could System D Inc. ( TYO:3804 ) be an attractive dividend share to own for the long haul? Investors are often drawn to...分析記事 • Mar 14Why We Like The Returns At System D (TYO:3804)What are the early trends we should look for to identify a stock that could multiply in value over the long term...分析記事 • Feb 23Declining Stock and Solid Fundamentals: Is The Market Wrong About System D Inc. (TYO:3804)?It is hard to get excited after looking at System D's (TYO:3804) recent performance, when its stock has declined 9.6...分析記事 • Feb 10System D (TYO:3804) Has Rewarded Shareholders With An Exceptional 664% Total Return On Their InvestmentBuying shares in the best businesses can build meaningful wealth for you and your family. While not every stock...Reported Earnings • Feb 02Full year 2020 earnings released: EPS JP¥78.56 (vs JP¥58.84 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥3.85b (up 8.1% from FY 2019). Net income: JP¥510.0m (up 34% from FY 2019). Profit margin: 13% (up from 11% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.Analyst Estimate Surprise Post Earnings • Feb 02Revenue and earnings miss expectationsRevenue missed analyst estimates by 5.2%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 12%, compared to a 12% growth forecast for the Software industry in Japan.お知らせ • Jan 31System D Inc. to Report Q1, 2021 Results on Mar 15, 2021System D Inc. announced that they will report Q1, 2021 results on Mar 15, 2021Is New 90 Day High Low • Jan 29New 90-day low: JP¥1,529The company is down 6.0% from its price of JP¥1,631 on 30 October 2020. The Japanese market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 6.0% over the same period.分析記事 • Jan 26What Is System D Inc.'s (TYO:3804) Share Price Doing?System D Inc. ( TYO:3804 ), is not the largest company out there, but it received a lot of attention from a substantial...分析記事 • Jan 11With EPS Growth And More, System D (TYO:3804) Is InterestingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Is New 90 Day High Low • Dec 30New 90-day low: JP¥1,563The company is down 2.0% from its price of JP¥1,596 on 30 September 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 5.0% over the same period.分析記事 • Dec 27System D Inc. (TYO:3804) Is An Attractive Dividend Stock - Here's WhyCould System D Inc. ( TYO:3804 ) be an attractive dividend share to own for the long haul? Investors are often drawn to...お知らせ • Dec 16System D Inc., Annual General Meeting, Jan 28, 2021System D Inc., Annual General Meeting, Jan 28, 2021.Reported Earnings • Dec 16Full year 2020 earnings released: EPS JP¥78.55The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥3.85b (up 8.1% from FY 2019). Net income: JP¥510.0m (up 34% from FY 2019). Profit margin: 13% (up from 11% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.Analyst Estimate Surprise Post Earnings • Dec 16Revenue and earnings miss expectationsRevenue missed analyst estimates by 5.2%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 12%, compared to a 12% growth forecast for the Software industry in Japan.分析記事 • Dec 14Why We Like The Returns At System D (TYO:3804)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...分析記事 • Dec 01What Is The Ownership Structure Like For System D Inc. (TYO:3804)?The big shareholder groups in System D Inc. (TYO:3804) have power over the company. Generally speaking, as a company...Valuation Update With 7 Day Price Move • Oct 26Market pulls back on stock over the past weekAfter last week's 17% share price decline to JP¥1,708, the stock is trading at a trailing P/E ratio of 19.7x, down from the previous P/E ratio of 23.7x. This compares to an average P/E of 38x in the Software industry in Japan. Total returns to shareholders over the past three years are 181%.Upcoming Dividend • Oct 22Upcoming Dividend of JP¥10.00 Per ShareWill be paid on the 31st of January to those who are registered shareholders by the 29th of October. The trailing yield of 0.5% is below the top quartile of Japanese dividend payers (3.2%), and is lower than industry peers (1.3%).Valuation Update With 7 Day Price Move • Oct 13Market bids up stock over the past weekAfter last week's 17% share price gain to JP¥2,184, the stock is trading at a trailing P/E ratio of 25.1x, up from the previous P/E ratio of 21.5x. This compares to an average P/E of 34x in the Software industry in Japan. Total returns to shareholders over the past three years are 286%.Is New 90 Day High Low • Oct 07New 90-day high: JP¥1,892The company is up 27% from its price of JP¥1,489 on 09 July 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 4.0% over the same period.Reported Earnings • Sep 18Third quarter earnings releasedOver the last 12 months the company has reported total profits of JP¥564.0m, up 73% from the prior year. Total revenue was JP¥4.03b over the last 12 months, up 20% from the prior year.お知らせ • Aug 09System D Inc. to Report Q3, 2020 Results on Sep 14, 2020System D Inc. announced that they will report Q3, 2020 results on Sep 14, 2020収支内訳System D の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TSE:3804 収益、費用、利益 ( )JPY Millions日付収益収益G+A経費研究開発費31 Jan 265,0926361,278031 Oct 255,0326271,242031 Jul 255,0977001,203030 Apr 255,0436591,204031 Jan 254,7135841,178031 Oct 244,6315551,175031 Jul 244,6995871,199030 Apr 244,6945981,190031 Jan 244,6825891,186031 Oct 234,7366321,153031 Jul 234,4435431,128030 Apr 234,3655301,108031 Jan 234,4116461,067031 Oct 224,2325911,055031 Jul 224,1446331,006030 Apr 224,158676992031 Jan 223,9045591,004031 Oct 213,8425731,009031 Jul 213,8245271,021030 Apr 213,6994501,003031 Jan 213,9515801,016031 Oct 203,8545101,031031 Jul 204,0255641,057030 Apr 203,9395361,089031 Jan 203,7154901,084031 Oct 193,5663821,082031 Jul 193,3603251,048030 Apr 193,3183001,049031 Jan 193,3562631,063031 Oct 183,3992581,063031 Jul 183,5022771,056030 Apr 183,8342361,018031 Jan 183,957325981031 Oct 173,807238945031 Jul 173,919290930030 Apr 173,423253928031 Jan 173,181101919031 Oct 163,108134917031 Jul 162,836114904030 Apr 162,72696887031 Jan 162,63687862031 Oct 152,676145846031 Jul 152,557948240質の高い収益: 3804は 高品質の収益 を持っています。利益率の向上: 3804の現在の純利益率 (12.5%)は、昨年(12.4%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 3804の収益は過去 5 年間で年間3.1%増加しました。成長の加速: 3804の過去 1 年間の収益成長率 ( 8.9% ) は、5 年間の平均 ( 年間3.1%を上回っています。収益対業界: 3804の過去 1 年間の収益成長率 ( 8.9% ) Software業界18.8%を上回りませんでした。株主資本利益率高いROE: 3804の 自己資本利益率 ( 12.9% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YSoftware 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/07 16:36終値2026/05/07 00:00収益2026/01/31年間収益2025/10/31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System D 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。1 アナリスト機関Katsumi HosoiTokai Tokyo Intelligence Laboratory Co., Ltd.
Reported Earnings • Mar 17First quarter 2026 earnings released: EPS: JP¥16.53 (vs JP¥15.14 in 1Q 2025)First quarter 2026 results: EPS: JP¥16.53 (up from JP¥15.14 in 1Q 2025). Revenue: JP¥1.06b (up 6.0% from 1Q 2025). Net income: JP¥106.0m (up 9.3% from 1Q 2025). Profit margin: 10.0% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year.
Reported Earnings • Dec 16Full year 2025 earnings released: EPS: JP¥97.78 (vs JP¥86.64 in FY 2024)Full year 2025 results: EPS: JP¥97.78 (up from JP¥86.64 in FY 2024). Revenue: JP¥5.03b (up 8.7% from FY 2024). Net income: JP¥627.0m (up 13% from FY 2024). Profit margin: 13% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Nov 01System D Inc. to Report Fiscal Year 2025 Results on Dec 15, 2025System D Inc. announced that they will report fiscal year 2025 results on Dec 15, 2025
Reported Earnings • Sep 17Third quarter 2025 earnings released: EPS: JP¥6.70 (vs JP¥0.31 in 3Q 2024)Third quarter 2025 results: EPS: JP¥6.70 (up from JP¥0.31 in 3Q 2024). Revenue: JP¥946.0m (up 6.1% from 3Q 2024). Net income: JP¥43.0m (up JP¥41.0m from 3Q 2024). Profit margin: 4.5% (up from 0.2% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Aug 01System D Inc. to Report Q3, 2025 Results on Sep 16, 2025System D Inc. announced that they will report Q3, 2025 results on Sep 16, 2025
Reported Earnings • Jun 21Second quarter 2025 earnings released: EPS: JP¥54.44 (vs JP¥42.77 in 2Q 2024)Second quarter 2025 results: EPS: JP¥54.44 (up from JP¥42.77 in 2Q 2024). Revenue: JP¥1.80b (up 23% from 2Q 2024). Net income: JP¥349.0m (up 27% from 2Q 2024). Profit margin: 19% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • 9hNow 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.1% to JP¥543. The fair value is estimated to be JP¥688, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 3.8%.
New Risk • Mar 26New 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 6.9% 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 Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (JP¥11.5b market cap, or US$71.9m).
Reported Earnings • Mar 17First quarter 2026 earnings released: EPS: JP¥16.53 (vs JP¥15.14 in 1Q 2025)First quarter 2026 results: EPS: JP¥16.53 (up from JP¥15.14 in 1Q 2025). Revenue: JP¥1.06b (up 6.0% from 1Q 2025). Net income: JP¥106.0m (up 9.3% from 1Q 2025). Profit margin: 10.0% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year.
Buy Or Sell Opportunity • Mar 17Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 20% to JP¥1,524. The fair value is estimated to be JP¥2,030, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 3.8%.
Reported Earnings • Dec 16Full year 2025 earnings released: EPS: JP¥97.78 (vs JP¥86.64 in FY 2024)Full year 2025 results: EPS: JP¥97.78 (up from JP¥86.64 in FY 2024). Revenue: JP¥5.03b (up 8.7% from FY 2024). Net income: JP¥627.0m (up 13% from FY 2024). Profit margin: 13% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Dec 15System D Inc., Annual General Meeting, Jan 29, 2026System D Inc., Annual General Meeting, Jan 29, 2026.
お知らせ • Nov 01System D Inc. to Report Fiscal Year 2025 Results on Dec 15, 2025System D Inc. announced that they will report fiscal year 2025 results on Dec 15, 2025
Upcoming Dividend • Oct 23Upcoming dividend of JP¥27.00 per shareEligible shareholders must have bought the stock before 30 October 2025. Payment date: 02 February 2026. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.6%).
Valuation Update With 7 Day Price Move • Sep 23Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥2,031, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 22x in the Software industry in Japan. Total returns to shareholders of 60% over the past three years.
Reported Earnings • Sep 17Third quarter 2025 earnings released: EPS: JP¥6.70 (vs JP¥0.31 in 3Q 2024)Third quarter 2025 results: EPS: JP¥6.70 (up from JP¥0.31 in 3Q 2024). Revenue: JP¥946.0m (up 6.1% from 3Q 2024). Net income: JP¥43.0m (up JP¥41.0m from 3Q 2024). Profit margin: 4.5% (up from 0.2% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Aug 01System D Inc. to Report Q3, 2025 Results on Sep 16, 2025System D Inc. announced that they will report Q3, 2025 results on Sep 16, 2025
Valuation Update With 7 Day Price Move • Jul 14Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥2,030, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 20x in the Software industry in Japan. Total returns to shareholders of 76% over the past three years.
New Risk • Jul 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 5.2% 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 Share price has been volatile over the past 3 months (5.2% average weekly change). Market cap is less than US$100m (JP¥13.3b market cap, or US$90.2m).
分析記事 • Jun 30There's Reason For Concern Over System D Inc.'s (TSE:3804) Massive 30% Price JumpSystem D Inc. ( TSE:3804 ) shareholders have had their patience rewarded with a 30% share price jump in the last month...
Reported Earnings • Jun 21Second quarter 2025 earnings released: EPS: JP¥54.44 (vs JP¥42.77 in 2Q 2024)Second quarter 2025 results: EPS: JP¥54.44 (up from JP¥42.77 in 2Q 2024). Revenue: JP¥1.80b (up 23% from 2Q 2024). Net income: JP¥349.0m (up 27% from 2Q 2024). Profit margin: 19% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.
分析記事 • Jun 18Calculating The Fair Value Of System D Inc. (TSE:3804)Key Insights The projected fair value for System D is JP¥2,219 based on 2 Stage Free Cash Flow to Equity Current share...
Buy Or Sell Opportunity • May 28Now 21% undervaluedOver the last 90 days, the stock has risen 8.8% to JP¥1,763. The fair value is estimated to be JP¥2,230, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years, while earnings per share has been flat.
Buy Or Sell Opportunity • May 09Now 20% undervaluedOver the last 90 days, the stock has risen 26% to JP¥1,794. The fair value is estimated to be JP¥2,245, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years, while earnings per share has been flat.
お知らせ • May 01System D Inc. to Report Q2, 2025 Results on Jun 16, 2025System D Inc. announced that they will report Q2, 2025 results on Jun 16, 2025
Reported Earnings • Mar 18First quarter 2025 earnings released: EPS: JP¥15.14 (vs JP¥10.62 in 1Q 2024)First quarter 2025 results: EPS: JP¥15.14 (up from JP¥10.62 in 1Q 2024). Revenue: JP¥1.00b (up 8.9% from 1Q 2024). Net income: JP¥97.0m (up 43% from 1Q 2024). Profit margin: 9.7% (up from 7.4% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
分析記事 • Feb 27System D (TSE:3804) Has More To Do To Multiply In Value Going ForwardIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
お知らせ • Feb 03System D Inc. to Report Q1, 2025 Results on Mar 17, 2025System D Inc. announced that they will report Q1, 2025 results on Mar 17, 2025
分析記事 • Dec 23There May Be Some Bright Spots In System D's (TSE:3804) EarningsThe market for System D Inc.'s ( TSE:3804 ) shares didn't move much after it posted weak earnings recently. We did some...
Reported Earnings • Dec 19Full year 2024 earnings released: EPS: JP¥86.63 (vs JP¥98.72 in FY 2023)Full year 2024 results: EPS: JP¥86.63 (down from JP¥98.72 in FY 2023). Revenue: JP¥4.63b (down 2.2% from FY 2023). Net income: JP¥555.0m (down 12% from FY 2023). Profit margin: 12% (down from 13% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 2% 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 • Dec 16System D Inc., Annual General Meeting, Jan 30, 2025System D Inc., Annual General Meeting, Jan 30, 2025.
Upcoming Dividend • Oct 23Upcoming dividend of JP¥24.00 per shareEligible shareholders must have bought the stock before 30 October 2024. Payment date: 31 January 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.3%).
Reported Earnings • Sep 18Third quarter 2024 earnings released: EPS: JP¥0.31 (vs JP¥2.03 in 3Q 2023)Third quarter 2024 results: EPS: JP¥0.31 (down from JP¥2.03 in 3Q 2023). Revenue: JP¥892.0m (flat on 3Q 2023). Net income: JP¥2.00m (down 85% from 3Q 2023). Profit margin: 0.2% (down from 1.5% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year.
お知らせ • Aug 06System D Inc. to Report Q3, 2024 Results on Sep 17, 2024System D Inc. announced that they will report Q3, 2024 results on Sep 17, 2024
Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥1,424, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 22x in the Software industry in Japan. Negligible returns to shareholders over past three years.
分析記事 • Jun 17System D (TSE:3804) Is Posting Promising Earnings But The Good News Doesn’t Stop ThereShareholders appeared to be happy with System D Inc.'s ( TSE:3804 ) solid earnings report last week. Looking deeper at...
分析記事 • Jun 15Market Participants Recognise System D Inc.'s (TSE:3804) Earnings Pushing Shares 25% HigherSystem D Inc. ( TSE:3804 ) shares have had a really impressive month, gaining 25% after a shaky period beforehand...
分析記事 • Jun 11Returns On Capital At System D (TSE:3804) Have StalledFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Reported Earnings • Jun 11Second quarter 2024 earnings released: EPS: JP¥42.77 (vs JP¥41.39 in 2Q 2023)Second quarter 2024 results: EPS: JP¥42.77 (up from JP¥41.39 in 2Q 2023). Revenue: JP¥1.47b (flat on 2Q 2023). Net income: JP¥274.0m (up 3.4% from 2Q 2023). Profit margin: 19% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
お知らせ • May 03System D Inc. to Report Q2, 2024 Results on Jun 10, 2024System D Inc. announced that they will report Q2, 2024 results on Jun 10, 2024
Reported Earnings • Mar 21First quarter 2024 earnings released: EPS: JP¥10.62 (vs JP¥17.34 in 1Q 2023)First quarter 2024 results: EPS: JP¥10.62 (down from JP¥17.34 in 1Q 2023). Revenue: JP¥921.0m (down 5.5% from 1Q 2023). Net income: JP¥68.0m (down 39% from 1Q 2023). Profit margin: 7.4% (down from 11% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
New Risk • Feb 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 27% 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 Shareholders have been diluted in the past year (27% increase in shares outstanding). Market cap is less than US$100m (JP¥10.1b market cap, or US$68.2m).
Reported Earnings • Feb 03Full year 2023 earnings released: EPS: JP¥98.72 (vs JP¥92.32 in FY 2022)Full year 2023 results: EPS: JP¥98.72 (up from JP¥92.32 in FY 2022). Revenue: JP¥4.74b (up 12% from FY 2022). Net income: JP¥632.0m (up 6.9% from FY 2022). Profit margin: 13% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
お知らせ • Feb 02System D Inc. to Report Q1, 2024 Results on Mar 18, 2024System D Inc. announced that they will report Q1, 2024 results on Mar 18, 2024
Reported Earnings • Dec 14Full year 2023 earnings released: EPS: JP¥98.71 (vs JP¥92.32 in FY 2022)Full year 2023 results: EPS: JP¥98.71 (up from JP¥92.32 in FY 2022). Revenue: JP¥4.74b (up 12% from FY 2022). Net income: JP¥632.0m (up 6.9% from FY 2022). Profit margin: 13% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
お知らせ • Dec 13System D Inc., Annual General Meeting, Jan 30, 2024System D Inc., Annual General Meeting, Jan 30, 2024.
お知らせ • Nov 02System D Inc. to Report Fiscal Year 2023 Results on Dec 11, 2023System D Inc. announced that they will report fiscal year 2023 results on Dec 11, 2023
Upcoming Dividend • Oct 23Upcoming dividend of JP¥22.00 per share at 1.5% yieldEligible shareholders must have bought the stock before 30 October 2023. Payment date: 30 January 2024. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.7%).
Reported Earnings • Sep 13Third quarter 2023 earnings releasedThird quarter 2023 results: EPS: JP¥2.03. Revenue: JP¥887.0m (up 9.6% from 3Q 2022). Net income: JP¥13.0m (up JP¥13.0m from 3Q 2022). Profit margin: 1.5% (up from 0% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
お知らせ • Aug 03System D Inc. to Report Q3, 2023 Results on Sep 11, 2023System D Inc. announced that they will report Q3, 2023 results on Sep 11, 2023
New Risk • Jun 17New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 37% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (37% accrual ratio). Minor Risk Market cap is less than US$100m (JP¥8.48b market cap, or US$59.8m).
Reported Earnings • Jun 16Second quarter 2023 earnings released: EPS: JP¥41.38 (vs JP¥59.51 in 2Q 2022)Second quarter 2023 results: EPS: JP¥41.38 (down from JP¥59.51 in 2Q 2022). Revenue: JP¥1.45b (down 3.1% from 2Q 2022). Net income: JP¥265.0m (down 30% from 2Q 2022). Profit margin: 18% (down from 25% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 15First quarter 2023 earnings released: EPS: JP¥17.34 (vs JP¥8.75 in 1Q 2022)First quarter 2023 results: EPS: JP¥17.34 (up from JP¥8.75 in 1Q 2022). Revenue: JP¥975.0m (up 23% from 1Q 2022). Net income: JP¥111.0m (up 98% from 1Q 2022). Profit margin: 11% (up from 7.0% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 02System D Inc. to Report Q1, 2023 Results on Mar 13, 2023System D Inc. announced that they will report Q1, 2023 results on Mar 13, 2023
Reported Earnings • Feb 02Full year 2022 earnings released: EPS: JP¥92.32 (vs JP¥89.24 in FY 2021)Full year 2022 results: EPS: JP¥92.32 (up from JP¥89.24 in FY 2021). Revenue: JP¥4.23b (up 10% from FY 2021). Net income: JP¥591.0m (up 3.1% from FY 2021). Profit margin: 14% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Dec 15Full year 2022 earnings released: EPS: JP¥92.30 (vs JP¥89.24 in FY 2021)Full year 2022 results: EPS: JP¥92.30 (up from JP¥89.24 in FY 2021). Revenue: JP¥4.23b (up 10% from FY 2021). Net income: JP¥591.0m (up 3.1% from FY 2021). Profit margin: 14% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 10% per year.
お知らせ • Dec 14System D Inc., Annual General Meeting, Jan 27, 2023System D Inc., Annual General Meeting, Jan 27, 2023.
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 8 highly experienced directors. No independent directors (7 non-independent directors). Chairman of the Board & President Michio Doyama was the last director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
お知らせ • Nov 02System D Inc. to Report Fiscal Year 2022 Results on Dec 12, 2022System D Inc. announced that they will report fiscal year 2022 results on Dec 12, 2022
Upcoming Dividend • Oct 21Upcoming dividend of JP¥19.00 per shareEligible shareholders must have bought the stock before 28 October 2022. Payment date: 31 January 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.8%).
Buying Opportunity • Oct 07Now 20% undervaluedOver the last 90 days, the stock is up 12%. The fair value is estimated to be JP¥1,724, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has grown by 16%.
Buying Opportunity • Sep 16Now 22% undervaluedOver the last 90 days, the stock is up 22%. The fair value is estimated to be JP¥1,743, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has grown by 16%.
Reported Earnings • Sep 15Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: JP¥809.0m (down 1.7% from 3Q 2021). Net income: JP¥0 (down JP¥43.0m from profit in 3Q 2021). Profit margin: 0% (down from 5.2% in 3Q 2021). The decrease in margin was primarily driven by higher expenses. 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 24% per year, which means it is tracking significantly ahead of earnings growth.
Buying Opportunity • Aug 24Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.0%. The fair value is estimated to be JP¥1,639, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 17% in 2 years. Earnings is forecast to grow by 11% in the next 2 years.
Buying Opportunity • Aug 01Now 21% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be JP¥1,638, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 17% in 2 years. Earnings is forecast to grow by 11% in the next 2 years.
お知らせ • Jul 31System D Inc. to Report Q3, 2022 Results on Sep 12, 2022System D Inc. announced that they will report Q3, 2022 results on Sep 12, 2022
Reported Earnings • Jun 14Second quarter 2022 earnings released: EPS: JP¥59.50 (vs JP¥41.23 in 2Q 2021)Second quarter 2022 results: EPS: JP¥59.50 (up from JP¥41.23 in 2Q 2021). Revenue: JP¥1.50b (up 20% from 2Q 2021). Net income: JP¥381.0m (up 44% from 2Q 2021). Profit margin: 25% (up from 21% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.2%, compared to a 13% growth forecast for the industry in Japan. 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.
Buying Opportunity • Jun 07Now 20% undervaluedOver the last 90 days, the stock is up 8.2%. The fair value is estimated to be JP¥1,590, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 22% in 2 years. Earnings is forecast to grow by 31% in the next 2 years.
Buying Opportunity • May 18Now 20% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be JP¥1,599, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 22% in 2 years. Earnings is forecast to grow by 31% in the next 2 years.
お知らせ • May 02System D Inc. to Report Q2, 2022 Results on Jun 13, 2022System D Inc. announced that they will report Q2, 2022 results on Jun 13, 2022
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 8 highly experienced directors. No independent directors (7 non-independent directors). Chairman of the Board & President Michio Doyama was the last director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 15First quarter 2022 earnings: EPS in line with expectations, revenues disappointFirst quarter 2022 results: EPS: JP¥8.75 (down from JP¥10.81 in 1Q 2021). Revenue: JP¥796.0m (up 8.4% from 1Q 2021). Net income: JP¥56.0m (down 20% from 1Q 2021). Profit margin: 7.0% (down from 9.5% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.7%. Over the next year, revenue is forecast to grow 12%, compared to a 14% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 25% per year.
Reported Earnings • Feb 03Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥89.24 (up from JP¥78.56 in FY 2020). Revenue: JP¥3.84b (flat on FY 2020). Net income: JP¥573.0m (up 12% from FY 2020). Profit margin: 15% (up from 13% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 11%, compared to a 16% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 02System D Inc. to Report Q1, 2022 Results on Mar 14, 2022System D Inc. announced that they will report Q1, 2022 results on Mar 14, 2022
Valuation Update With 7 Day Price Move • Dec 20Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to JP¥1,183, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 22x in the Software industry in Japan. Total returns to shareholders of 128% over the past three years.
Reported Earnings • Dec 16Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥89.24 (up from JP¥78.56 in FY 2020). Revenue: JP¥3.84b (flat on FY 2020). Net income: JP¥573.0m (up 12% from FY 2020). Profit margin: 15% (up from 13% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Oct 21Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 28 October 2021. Payment date: 29 January 2022. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.0%). Lower than average of industry peers (1.3%).
Reported Earnings • Sep 15Third quarter 2021 earnings released: EPS JP¥6.72 (vs JP¥5.24 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥823.0m (up 18% from 3Q 2020). Net income: JP¥43.0m (up JP¥77.0m from 3Q 2020). Profit margin: 5.2% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 24% per year.
Reported Earnings • Jun 17Second quarter 2021 earnings released: EPS JP¥41.23 (vs JP¥60.69 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥1.25b (down 17% from 2Q 2020). Net income: JP¥264.0m (down 33% from 2Q 2020). Profit margin: 21% (down from 26% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 31% per year.
分析記事 • Apr 28Why System D Inc. (TYO:3804) Could Be Worth WatchingSystem D Inc. ( TYO:3804 ), might not be a large cap stock, but it saw significant share price movement during recent...
分析記事 • Apr 13Do System D's (TYO:3804) Earnings Warrant Your Attention?It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
分析記事 • Mar 29Is System D Inc. (TYO:3804) A Smart Pick For Income Investors?Could System D Inc. ( TYO:3804 ) be an attractive dividend share to own for the long haul? Investors are often drawn to...
分析記事 • Mar 14Why We Like The Returns At System D (TYO:3804)What are the early trends we should look for to identify a stock that could multiply in value over the long term...
分析記事 • Feb 23Declining Stock and Solid Fundamentals: Is The Market Wrong About System D Inc. (TYO:3804)?It is hard to get excited after looking at System D's (TYO:3804) recent performance, when its stock has declined 9.6...
分析記事 • Feb 10System D (TYO:3804) Has Rewarded Shareholders With An Exceptional 664% Total Return On Their InvestmentBuying shares in the best businesses can build meaningful wealth for you and your family. While not every stock...
Reported Earnings • Feb 02Full year 2020 earnings released: EPS JP¥78.56 (vs JP¥58.84 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥3.85b (up 8.1% from FY 2019). Net income: JP¥510.0m (up 34% from FY 2019). Profit margin: 13% (up from 11% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.
Analyst Estimate Surprise Post Earnings • Feb 02Revenue and earnings miss expectationsRevenue missed analyst estimates by 5.2%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 12%, compared to a 12% growth forecast for the Software industry in Japan.
お知らせ • Jan 31System D Inc. to Report Q1, 2021 Results on Mar 15, 2021System D Inc. announced that they will report Q1, 2021 results on Mar 15, 2021
Is New 90 Day High Low • Jan 29New 90-day low: JP¥1,529The company is down 6.0% from its price of JP¥1,631 on 30 October 2020. The Japanese market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 6.0% over the same period.
分析記事 • Jan 26What Is System D Inc.'s (TYO:3804) Share Price Doing?System D Inc. ( TYO:3804 ), is not the largest company out there, but it received a lot of attention from a substantial...
分析記事 • Jan 11With EPS Growth And More, System D (TYO:3804) Is InterestingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Is New 90 Day High Low • Dec 30New 90-day low: JP¥1,563The company is down 2.0% from its price of JP¥1,596 on 30 September 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 5.0% over the same period.
分析記事 • Dec 27System D Inc. (TYO:3804) Is An Attractive Dividend Stock - Here's WhyCould System D Inc. ( TYO:3804 ) be an attractive dividend share to own for the long haul? Investors are often drawn to...
お知らせ • Dec 16System D Inc., Annual General Meeting, Jan 28, 2021System D Inc., Annual General Meeting, Jan 28, 2021.
Reported Earnings • Dec 16Full year 2020 earnings released: EPS JP¥78.55The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥3.85b (up 8.1% from FY 2019). Net income: JP¥510.0m (up 34% from FY 2019). Profit margin: 13% (up from 11% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.
Analyst Estimate Surprise Post Earnings • Dec 16Revenue and earnings miss expectationsRevenue missed analyst estimates by 5.2%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 12%, compared to a 12% growth forecast for the Software industry in Japan.
分析記事 • Dec 14Why We Like The Returns At System D (TYO:3804)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
分析記事 • Dec 01What Is The Ownership Structure Like For System D Inc. (TYO:3804)?The big shareholder groups in System D Inc. (TYO:3804) have power over the company. Generally speaking, as a company...
Valuation Update With 7 Day Price Move • Oct 26Market pulls back on stock over the past weekAfter last week's 17% share price decline to JP¥1,708, the stock is trading at a trailing P/E ratio of 19.7x, down from the previous P/E ratio of 23.7x. This compares to an average P/E of 38x in the Software industry in Japan. Total returns to shareholders over the past three years are 181%.
Upcoming Dividend • Oct 22Upcoming Dividend of JP¥10.00 Per ShareWill be paid on the 31st of January to those who are registered shareholders by the 29th of October. The trailing yield of 0.5% is below the top quartile of Japanese dividend payers (3.2%), and is lower than industry peers (1.3%).
Valuation Update With 7 Day Price Move • Oct 13Market bids up stock over the past weekAfter last week's 17% share price gain to JP¥2,184, the stock is trading at a trailing P/E ratio of 25.1x, up from the previous P/E ratio of 21.5x. This compares to an average P/E of 34x in the Software industry in Japan. Total returns to shareholders over the past three years are 286%.
Is New 90 Day High Low • Oct 07New 90-day high: JP¥1,892The company is up 27% from its price of JP¥1,489 on 09 July 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 4.0% over the same period.
Reported Earnings • Sep 18Third quarter earnings releasedOver the last 12 months the company has reported total profits of JP¥564.0m, up 73% from the prior year. Total revenue was JP¥4.03b over the last 12 months, up 20% from the prior year.
お知らせ • Aug 09System D Inc. to Report Q3, 2020 Results on Sep 14, 2020System D Inc. announced that they will report Q3, 2020 results on Sep 14, 2020