View ValuationPCI Holdings 将来の成長Future 基準チェック /06現在、 PCI Holdingsの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率IT 収益成長11.3%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesReported Earnings • May 18Full year 2026 earnings released: EPS: JP¥114 (vs JP¥98.75 in FY 2025)Full year 2026 results: EPS: JP¥114 (up from JP¥98.75 in FY 2025). Revenue: JP¥26.8b (up 1.1% from FY 2025). Net income: JP¥1.13b (up 15% from FY 2025). Profit margin: 4.2% (up from 3.7% in FY 2025). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • May 14PCI Holdings, Inc., Annual General Meeting, Jun 23, 2026PCI Holdings, Inc., Annual General Meeting, Jun 23, 2026.Buy Or Sell Opportunity • Apr 30Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 27% to JP¥1,036. The fair value is estimated to be JP¥1,304, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last year. Earnings per share has grown by 18%.お知らせ • Apr 17PCI Holdings, Inc. to Report Fiscal Year 2026 Results on May 14, 2026PCI Holdings, Inc. announced that they will report fiscal year 2026 results on May 14, 2026Buy Or Sell Opportunity • Apr 09Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to JP¥1,051. The fair value is estimated to be JP¥1,319, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last year. Earnings per share has grown by 18%.New Risk • Mar 31New major risk - Revenue and earnings growthRevenue has declined by 1.1% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 1.1% over the past year. Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (JP¥10.1b market cap, or US$63.0m).Buy Or Sell Opportunity • Mar 23Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to JP¥1,032. The fair value is estimated to be JP¥1,297, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.3%.Valuation Update With 7 Day Price Move • Feb 17Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥1,223, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 16x in the IT industry in Japan. Total returns to shareholders of 37% over the past three years.New Risk • Jan 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.3% average weekly change). Market cap is less than US$100m (JP¥14.2b market cap, or US$92.9m).Buy Or Sell Opportunity • Jan 22Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 28% to JP¥1,598. The fair value is estimated to be JP¥1,331, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.3%.分析記事 • Jan 19A Look At The Intrinsic Value Of PCI Holdings, Inc. (TSE:3918)Key Insights Using the 2 Stage Free Cash Flow to Equity, PCI Holdings fair value estimate is JP¥1,307 Current share...Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥1,469, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 63% over the past three years.New Risk • Jan 06New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥12.2b market cap, or US$77.8m).お知らせ • Dec 27PCI Holdings, Inc. to Report Q3, 2026 Results on Feb 12, 2026PCI Holdings, Inc. announced that they will report Q3, 2026 results on Feb 12, 2026Declared Dividend • Dec 09Final dividend of JP¥25.00 announcedShareholders will receive a dividend of JP¥25.00. Ex-date: 30th March 2026 Payment date: 25th June 2026 Dividend yield will be 3.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Sep 27PCI Holdings, Inc. to Report Q2, 2025 Results on Nov 13, 2025PCI Holdings, Inc. announced that they will report Q2, 2025 results on Nov 13, 2025Upcoming Dividend • Sep 22Upcoming dividend of JP¥19.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 23 December 2025. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%).Declared Dividend • Jul 23Final dividend of JP¥19.00 announcedShareholders will receive a dividend of JP¥19.00. Ex-date: 29th September 2025 Payment date: 23rd December 2025 Dividend yield will be 4.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 9.7% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Jul 02Now 20% undervaluedOver the last 90 days, the stock has risen 25% to JP¥1,086. The fair value is estimated to be JP¥1,361, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.3%.お知らせ • Jun 27PCI Holdings, Inc. to Report Q1, 2026 Results on Aug 08, 2025PCI Holdings, Inc. announced that they will report Q1, 2026 results on Aug 08, 2025Reported Earnings • Jun 25Full year 2025 earnings released: EPS: JP¥98.75 (vs JP¥83.37 in FY 2024)Full year 2025 results: EPS: JP¥98.75 (up from JP¥83.37 in FY 2024). Revenue: JP¥26.6b (down 1.1% from FY 2024). Net income: JP¥978.0m (up 17% from FY 2024). Profit margin: 3.7% (up from 3.1% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 7% per year.分析記事 • May 23PCI Holdings' (TSE:3918) Solid Earnings May Rest On Weak FoundationsPCI Holdings, Inc. ( TSE:3918 ) just released a solid earnings report, and the stock displayed some strength. While the...Reported Earnings • May 15Second quarter 2025 earnings released: EPS: JP¥23.27 (vs JP¥21.72 in 2Q 2024)Second quarter 2025 results: EPS: JP¥23.27 (up from JP¥21.72 in 2Q 2024). Revenue: JP¥7.04b (up 7.6% from 2Q 2024). Net income: JP¥230.5m (up 7.2% from 2Q 2024). Profit margin: 3.3% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 1% per year.分析記事 • May 14Improved Earnings Required Before PCI Holdings, Inc. (TSE:3918) Stock's 30% Jump Looks JustifiedPCI Holdings, Inc. ( TSE:3918 ) shares have had a really impressive month, gaining 30% after a shaky period beforehand...New Risk • May 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.4% 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 (7.4% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥10.7b market cap, or US$73.5m).Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥1,083, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 15% over the past three years.お知らせ • May 13PCI Holdings, Inc., Annual General Meeting, Jun 24, 2025PCI Holdings, Inc., Annual General Meeting, Jun 24, 2025.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥759, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 15x in the IT industry in Japan. Total loss to shareholders of 16% over the past three years.お知らせ • Mar 26PCI Holdings, Inc. to Report Fiscal Year 2025 Results on May 13, 2025PCI Holdings, Inc. announced that they will report fiscal year 2025 results on May 13, 2025Reported Earnings • Feb 14First quarter 2025 earnings released: EPS: JP¥26.05 (vs JP¥11.49 in 1Q 2024)First quarter 2025 results: EPS: JP¥26.05 (up from JP¥11.49 in 1Q 2024). Revenue: JP¥6.24b (up 2.7% from 1Q 2024). Net income: JP¥258.0m (up 124% from 1Q 2024). Profit margin: 4.1% (up from 1.9% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 2% per year.Declared Dividend • Jan 11Final dividend of JP¥18.00 announcedShareholders will receive a dividend of JP¥18.00. Ex-date: 28th March 2025 Payment date: 1st January 1970 Dividend yield will be 5.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (43% earnings payout ratio) but not covered by cash flows (dividend approximately 27x free cash flows). The dividend has increased by an average of 8.3% per year over the past 9 years and payments have been stable during that time. Earnings per share has grown by 8.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Dec 28Full year 2024 earnings released: EPS: JP¥82.28 (vs JP¥100 in FY 2023)Full year 2024 results: EPS: JP¥82.28 (down from JP¥100 in FY 2023). Revenue: JP¥25.1b (down 12% from FY 2023). Net income: JP¥817.0m (down 19% from FY 2023). Profit margin: 3.3% (down from 3.5% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings.お知らせ • Dec 28PCI Holdings, Inc. to Report Q1, 2025 Results on Feb 12, 2025PCI Holdings, Inc. announced that they will report Q1, 2025 results on Feb 12, 2025New Risk • Dec 17New 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 5.1% 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 Dividend is not well covered by cash flows (dividend per share is over 28x cash flows per share). Share price has been volatile over the past 3 months (5.1% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥8.87b market cap, or US$57.6m).分析記事 • Nov 21PCI Holdings' (TSE:3918) Problems Go Beyond Weak ProfitThe market wasn't impressed with the soft earnings from PCI Holdings, Inc. ( TSE:3918 ) recently. We did some further...Reported Earnings • Nov 19Full year 2024 earnings released: EPS: JP¥82.34 (vs JP¥100 in FY 2023)Full year 2024 results: EPS: JP¥82.34 (down from JP¥100 in FY 2023). Revenue: JP¥25.1b (down 12% from FY 2023). Net income: JP¥817.6m (down 19% from FY 2023). Profit margin: 3.3% (down from 3.5% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings.お知らせ • Nov 15PCI Holdings, Inc., Annual General Meeting, Dec 20, 2024PCI Holdings, Inc., Annual General Meeting, Dec 20, 2024.お知らせ • Sep 27PCI Holdings, Inc. to Report Fiscal Year 2024 Results on Nov 12, 2024PCI Holdings, Inc. announced that they will report fiscal year 2024 results on Nov 12, 2024分析記事 • Sep 27PCI Holdings (TSE:3918) Will Pay A Larger Dividend Than Last Year At ¥28.00PCI Holdings, Inc.'s ( TSE:3918 ) dividend will be increasing from last year's payment of the same period to ¥28.00 on...New Risk • Sep 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (JP¥10.4b market cap, or US$72.8m).Upcoming Dividend • Sep 20Upcoming dividend of JP¥28.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 23 December 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%).分析記事 • Sep 04PCI Holdings, Inc. (TSE:3918) Stock Rockets 43% As Investors Are Less Pessimistic Than ExpectedPCI Holdings, Inc. ( TSE:3918 ) shares have had a really impressive month, gaining 43% after a shaky period beforehand...分析記事 • Aug 28PCI Holdings (TSE:3918) Has Announced That It Will Be Increasing Its Dividend To ¥28.00PCI Holdings, Inc.'s ( TSE:3918 ) dividend will be increasing from last year's payment of the same period to ¥28.00 on...Reported Earnings • Aug 14Third quarter 2024 earnings released: EPS: JP¥2.63 (vs JP¥6.15 in 3Q 2023)Third quarter 2024 results: EPS: JP¥2.63 (down from JP¥6.15 in 3Q 2023). Revenue: JP¥5.90b (down 15% from 3Q 2023). Net income: JP¥26.0m (down 58% from 3Q 2023). Profit margin: 0.4% (down from 0.9% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year and the company’s share price has also increased by 1% per year.分析記事 • Aug 14PCI Holdings (TSE:3918) Is Paying Out A Larger Dividend Than Last YearPCI Holdings, Inc.'s ( TSE:3918 ) dividend will be increasing from last year's payment of the same period to ¥28.00 on...Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥775, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 17x in the IT industry in Japan. Total loss to shareholders of 22% over the past three years.分析記事 • Jul 22PCI Holdings (TSE:3918) Is Increasing Its Dividend To ¥28.00PCI Holdings, Inc. ( TSE:3918 ) will increase its dividend from last year's comparable payment on the 23rd of December...分析記事 • Jun 24PCI Holdings (TSE:3918) Is Increasing Its Dividend To ¥28.00The board of PCI Holdings, Inc. ( TSE:3918 ) has announced that it will be paying its dividend of ¥28.00 on the 23rd of...お知らせ • Jun 23PCI Holdings, Inc. to Report Q3, 2024 Results on Aug 09, 2024PCI Holdings, Inc. announced that they will report Q3, 2024 results on Aug 09, 2024分析記事 • May 21PCI Holdings' (TSE:3918) Shareholders May Want To Dig Deeper Than Statutory ProfitThe recent earnings posted by PCI Holdings, Inc. ( TSE:3918 ) were solid, but the stock didn't move as much as we...分析記事 • May 11PCI Holdings (TSE:3918) Has Announced That It Will Be Increasing Its Dividend To ¥28.00PCI Holdings, Inc. ( TSE:3918 ) has announced that it will be increasing its dividend from last year's comparable...Reported Earnings • May 11Second quarter 2024 earnings released: EPS: JP¥21.72 (vs JP¥35.15 in 2Q 2023)Second quarter 2024 results: EPS: JP¥21.72 (down from JP¥35.15 in 2Q 2023). Revenue: JP¥6.54b (down 14% from 2Q 2023). Net income: JP¥215.0m (down 39% from 2Q 2023). Profit margin: 3.3% (down from 4.6% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.分析記事 • Mar 25PCI Holdings (TSE:3918) Will Pay A Dividend Of ¥17.00PCI Holdings, Inc.'s ( TSE:3918 ) investors are due to receive a payment of ¥17.00 per share on 10th of June. This...お知らせ • Mar 24PCI Holdings, Inc. to Report Q2, 2024 Results on May 09, 2024PCI Holdings, Inc. announced that they will report Q2, 2024 results on May 09, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).分析記事 • Feb 26PCI Holdings' (TSE:3918) Dividend Will Be ¥17.00The board of PCI Holdings, Inc. ( TSE:3918 ) has announced that it will pay a dividend of ¥17.00 per share on the 10th...Reported Earnings • Feb 09First quarter 2024 earnings released: EPS: JP¥11.49 (vs JP¥14.81 in 1Q 2023)First quarter 2024 results: EPS: JP¥11.49 (down from JP¥14.81 in 1Q 2023). Revenue: JP¥6.07b (down 8.6% from 1Q 2023). Net income: JP¥115.0m (down 23% from 1Q 2023). Profit margin: 1.9% (down from 2.2% 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 16% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.お知らせ • Dec 28PCI Holdings, Inc. to Report Q1, 2024 Results on Feb 07, 2024PCI Holdings, Inc. announced that they will report Q1, 2024 results on Feb 07, 2024お知らせ • Nov 17PCI Holdings, Inc. (TSE:3918) announces an Equity Buyback for 200,000 shares, representing 1.98% for ¥200 million.PCI Holdings, Inc. (TSE:3918) announces a share repurchase program. Under the program, the company will repurchase 200,000 shares, representing 1.98% of its issued share capital, for ¥200 million. The purpose of the program is to continuously expand shareholder returns, improve capital efficiency, and increase corporate value over the medium to long term. The shares repurchased will be cancelled. The program will run until December 22, 2023. As of September 30, 2023, the company had 10,077,615 issued shares (excluding treasury stock) and 244,785 shares in treasury.お知らせ • Nov 13PCI Holdings, Inc., Annual General Meeting, Dec 20, 2023PCI Holdings, Inc., Annual General Meeting, Dec 20, 2023.Reported Earnings • Nov 11Full year 2023 earnings released: EPS: JP¥100 (vs JP¥63.96 in FY 2022)Full year 2023 results: EPS: JP¥100 (up from JP¥63.96 in FY 2022). Revenue: JP¥28.5b (up 13% from FY 2022). Net income: JP¥1.01b (up 57% from FY 2022). Profit margin: 3.5% (up from 2.6% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Sep 24PCI Holdings, Inc. to Report Fiscal Year 2023 Results on Nov 10, 2023PCI Holdings, Inc. announced that they will report fiscal year 2023 results on Nov 10, 2023Upcoming Dividend • Sep 21Upcoming dividend of JP¥17.00 per share at 3.2% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 22 December 2023. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.5%).Reported Earnings • Aug 10Third quarter 2023 earnings released: EPS: JP¥6.10 (vs JP¥18.00 in 3Q 2022)Third quarter 2023 results: EPS: JP¥6.10 (down from JP¥18.00 in 3Q 2022). Revenue: JP¥6.91b (up 19% from 3Q 2022). Net income: JP¥61.5m (down 66% from 3Q 2022). Profit margin: 0.9% (down from 3.1% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • Jun 26PCI Holdings, Inc. to Report Q3, 2023 Results on Aug 08, 2023PCI Holdings, Inc. announced that they will report Q3, 2023 results on Aug 08, 2023Reported Earnings • May 10Second quarter 2023 earnings released: EPS: JP¥35.14 (vs JP¥29.26 in 2Q 2022)Second quarter 2023 results: EPS: JP¥35.14 (up from JP¥29.26 in 2Q 2022). Revenue: JP¥7.61b (up 12% from 2Q 2022). Net income: JP¥354.0m (up 20% from 2Q 2022). Profit margin: 4.6% (up from 4.3% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 23Upcoming dividend of JP¥16.00 per share at 3.3% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 12 June 2023. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).Reported Earnings • Feb 09First quarter 2023 earnings released: EPS: JP¥14.89 (vs JP¥21.40 in 1Q 2022)First quarter 2023 results: EPS: JP¥14.89 (down from JP¥21.40 in 1Q 2022). Revenue: JP¥6.64b (up 13% from 1Q 2022). Net income: JP¥149.8m (down 30% from 1Q 2022). Profit margin: 2.3% (down from 3.7% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Feb 08+ 1 more updatePCI Holdings, Inc. Provides Dividend Guidance for the Second Quarter and Year-End Fiscal Year Ending September 30, 2023PCI Holdings, Inc. provided dividend guidance for the second quarter and Year-end Fiscal year ending September 30, 2023. For the quarter, company expects dividend to be JPY 16.00 per share compared to JPY 15.00 per share a year ago.For the year-end, company expects dividend to be JPY 17.00 per share compared to JPY 16.00 per share a year ago.お知らせ • Dec 28PCI Holdings, Inc. to Report Q1, 2023 Results on Feb 07, 2023PCI Holdings, Inc. announced that they will report Q1, 2023 results on Feb 07, 2023Reported Earnings • Dec 27Full year 2022 earnings released: EPS: JP¥63.96 (vs JP¥76.03 in FY 2021)Full year 2022 results: EPS: JP¥63.96 (down from JP¥76.03 in FY 2021). Revenue: JP¥25.2b (up 19% from FY 2021). Net income: JP¥643.0m (down 3.9% from FY 2021). Profit margin: 2.6% (down from 3.1% in FY 2021). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 9 non-independent directors. Independent Outside Director Akiko Takahara was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Nov 15+ 2 more updatesPCI Holdings, Inc. Provides Dividend Guidance for the Second Quarter Ending March 31, 2023 and Year Ending September 30, 2023PCI Holdings, Inc. Provided dividend guidance for the second quarter ending March 31, 2023 and year ending September 30, 2023. For the period, the company expected dividend of JPY 16 per share compared to JPY 15 per share a year ago.For the year, the company expected dividend of JPY 17 per share compared to JPY 16 per share a year ago.お知らせ • Nov 13PCI Holdings, Inc., Annual General Meeting, Dec 21, 2022PCI Holdings, Inc., Annual General Meeting, Dec 21, 2022.Reported Earnings • Nov 13Full year 2022 earnings released: EPS: JP¥63.96 (vs JP¥76.03 in FY 2021)Full year 2022 results: EPS: JP¥63.96 (down from JP¥76.03 in FY 2021). Revenue: JP¥25.2b (up 19% from FY 2021). Net income: JP¥643.0m (down 3.9% from FY 2021). Profit margin: 2.6% (down from 3.1% in FY 2021). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • Sep 24PCI Holdings, Inc. to Report Fiscal Year 2022 Results on Nov 11, 2022PCI Holdings, Inc. announced that they will report fiscal year 2022 results on Nov 11, 2022Upcoming Dividend • Sep 22Upcoming dividend of JP¥16.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 23 December 2022. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).Reported Earnings • Aug 11Third quarter 2022 earnings released: EPS: JP¥18.00 (vs JP¥14.19 in 3Q 2021)Third quarter 2022 results: EPS: JP¥18.00 (up from JP¥14.19 in 3Q 2021). Revenue: JP¥5.82b (down 8.6% from 3Q 2021). Net income: JP¥181.0m (up 47% from 3Q 2021). Profit margin: 3.1% (up from 1.9% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • Aug 10+ 1 more updatePci Holdings, Inc. Announces Dividend for the Second Quarter of Fiscal Year Ending September 30, 2022; Announces Dividend Guidance for Fiscal Year Ending September 30, 2022PCI Holdings, Inc. announced a dividend of JPY 15.00 per share for the second quarter of fiscal year ending September 30, 2022, against JPY 15.00 per share a year ago.For the full year the company expects to pay the dividend of JPY 16.00 per share for fiscal year ending September 30, 2022.お知らせ • Jun 25PCI Holdings, Inc. to Report Q3, 2022 Results on Aug 09, 2022PCI Holdings, Inc. announced that they will report Q3, 2022 results on Aug 09, 2022お知らせ • May 12+ 2 more updatesPci Holdings, Inc. Provides Dividend Guidance for the Fiscal Year Ending September 30, 2022PCI Holdings, Inc. provided dividend guidance for the fiscal year ending September 30, 2022. For the period, the company expected dividend of JPY 16 per share compared to JPY 16 per share a year ago.Reported Earnings • May 11Second quarter 2022 earnings released: EPS: JP¥29.26 (vs JP¥24.52 in 2Q 2021)Second quarter 2022 results: EPS: JP¥29.26 (up from JP¥24.52 in 2Q 2021). Revenue: JP¥6.81b (up 54% from 2Q 2021). Net income: JP¥294.0m (up 46% from 2Q 2021). Profit margin: 4.3% (down from 4.6% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 9 non-independent directors. Independent Outside Director Akiko Takahara was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 08PCI Holdings, Inc. to Report Q2, 2022 Results on May 10, 2022PCI Holdings, Inc. announced that they will report Q2, 2022 results on May 10, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 13 June 2022. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%).Reported Earnings • Feb 08First quarter 2022 earnings: Revenues and EPS in line with analyst expectationsFirst quarter 2022 results: EPS: JP¥21.40 (up from JP¥1.46 in 1Q 2021). Revenue: JP¥5.88b (up 55% from 1Q 2021). Net income: JP¥215.0m (up JP¥203.0m from 1Q 2021). Profit margin: 3.7% (up from 0.3% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Reported Earnings • Dec 28Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥76.03 (up from JP¥34.75 in FY 2020). Revenue: JP¥21.2b (up 27% from FY 2020). Net income: JP¥669.0m (up 134% from FY 2020). Profit margin: 3.1% (up from 1.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. 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 8% per year.Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥1,197, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 21x in the IT industry in Japan. Negligible returns to shareholders over past three years.Upcoming Dividend • Sep 22Upcoming dividend of JP¥16.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 21 December 2021. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.2%).Reported Earnings • Aug 12Third quarter 2021 earnings released: EPS JP¥14.19 (vs JP¥1.82 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¥6.37b (up 69% from 3Q 2020). Net income: JP¥123.0m (up JP¥138.0m from 3Q 2020). Profit margin: 1.9% (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 fallen by 5% per year whereas the company’s share price has fallen by 7% per year.Reported Earnings • May 14Second quarter 2021 earnings released: EPS JP¥24.52 (vs JP¥1.70 loss in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: JP¥4.41b (down 1.4% from 2Q 2020). Net income: JP¥202.0m (up JP¥216.0m from 2Q 2020). Profit margin: 4.6% (up from net loss in 2Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 11 June 2021. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.3%). このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、PCI Holdings は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測TSE:3918 - アナリストの将来予測と過去の財務データ ( )JPY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/202626,8351,1291,0771,192N/A3/31/202526,5569781,2101,282N/A12/31/202425,249960N/AN/AN/A9/30/202425,08481713179N/A6/30/202425,841799N/AN/AN/A3/31/202426,8488351,3821,564N/A12/31/202327,918974N/AN/AN/A9/30/202328,4911,0081,8452,039N/A6/30/202327,833518N/AN/AN/A3/31/202326,7436371,4541,652N/A12/31/202225,937577N/AN/AN/A9/30/202225,170643592736N/A6/30/202225,1811,022N/AN/AN/A3/31/202225,726964876933N/A12/31/202123,329872N/AN/AN/A9/30/202121,248669885948N/A6/30/202118,903531N/AN/AN/A3/31/202116,304393274391N/A12/31/202016,365177N/AN/AN/A9/30/202016,7582861,2361,329N/A6/30/202017,083300N/AN/AN/A3/31/202017,0893751,2601,320N/A12/31/201916,863528N/AN/AN/A9/30/201916,540459N/A334N/A6/30/201915,632394N/AN/AN/A3/31/201915,297372N/A217N/A12/31/201815,149363N/AN/AN/A9/30/201814,493469N/A525N/A6/30/201813,942392N/AN/AN/A3/31/201813,283452N/A686N/A12/31/201712,053468N/AN/AN/A9/30/201711,397450N/A645N/A6/30/201710,437451N/AN/AN/A3/31/20179,664427N/A418N/A12/31/20168,995439N/AN/AN/A9/30/20168,504403N/A334N/A6/30/20168,236397N/AN/AN/A3/31/20168,177408N/AN/AN/A12/31/20157,947342N/AN/AN/A9/30/20157,853330N/A250N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 3918の予測収益成長が 貯蓄率 ( 0.8% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 3918の収益がJP市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 3918の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 3918の収益がJP市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 3918の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 3918の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YSoftware 業界の高成長企業。View Past Performance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2026/05/22 02:09終値2026/05/22 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋PCI Holdings, 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。3 アナリスト機関Shingo KumazawaDaiwa Securities Co. Ltd.Toru KoboriMarusan Securities Co. Ltd.Hisaki HatoriMizuho Securities Co., Ltd.
Reported Earnings • May 18Full year 2026 earnings released: EPS: JP¥114 (vs JP¥98.75 in FY 2025)Full year 2026 results: EPS: JP¥114 (up from JP¥98.75 in FY 2025). Revenue: JP¥26.8b (up 1.1% from FY 2025). Net income: JP¥1.13b (up 15% from FY 2025). Profit margin: 4.2% (up from 3.7% in FY 2025). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • May 14PCI Holdings, Inc., Annual General Meeting, Jun 23, 2026PCI Holdings, Inc., Annual General Meeting, Jun 23, 2026.
Buy Or Sell Opportunity • Apr 30Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 27% to JP¥1,036. The fair value is estimated to be JP¥1,304, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last year. Earnings per share has grown by 18%.
お知らせ • Apr 17PCI Holdings, Inc. to Report Fiscal Year 2026 Results on May 14, 2026PCI Holdings, Inc. announced that they will report fiscal year 2026 results on May 14, 2026
Buy Or Sell Opportunity • Apr 09Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to JP¥1,051. The fair value is estimated to be JP¥1,319, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last year. Earnings per share has grown by 18%.
New Risk • Mar 31New major risk - Revenue and earnings growthRevenue has declined by 1.1% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 1.1% over the past year. Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (JP¥10.1b market cap, or US$63.0m).
Buy Or Sell Opportunity • Mar 23Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to JP¥1,032. The fair value is estimated to be JP¥1,297, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.3%.
Valuation Update With 7 Day Price Move • Feb 17Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥1,223, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 16x in the IT industry in Japan. Total returns to shareholders of 37% over the past three years.
New Risk • Jan 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.3% average weekly change). Market cap is less than US$100m (JP¥14.2b market cap, or US$92.9m).
Buy Or Sell Opportunity • Jan 22Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 28% to JP¥1,598. The fair value is estimated to be JP¥1,331, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.3%.
分析記事 • Jan 19A Look At The Intrinsic Value Of PCI Holdings, Inc. (TSE:3918)Key Insights Using the 2 Stage Free Cash Flow to Equity, PCI Holdings fair value estimate is JP¥1,307 Current share...
Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥1,469, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 63% over the past three years.
New Risk • Jan 06New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥12.2b market cap, or US$77.8m).
お知らせ • Dec 27PCI Holdings, Inc. to Report Q3, 2026 Results on Feb 12, 2026PCI Holdings, Inc. announced that they will report Q3, 2026 results on Feb 12, 2026
Declared Dividend • Dec 09Final dividend of JP¥25.00 announcedShareholders will receive a dividend of JP¥25.00. Ex-date: 30th March 2026 Payment date: 25th June 2026 Dividend yield will be 3.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Sep 27PCI Holdings, Inc. to Report Q2, 2025 Results on Nov 13, 2025PCI Holdings, Inc. announced that they will report Q2, 2025 results on Nov 13, 2025
Upcoming Dividend • Sep 22Upcoming dividend of JP¥19.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 23 December 2025. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%).
Declared Dividend • Jul 23Final dividend of JP¥19.00 announcedShareholders will receive a dividend of JP¥19.00. Ex-date: 29th September 2025 Payment date: 23rd December 2025 Dividend yield will be 4.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 9.7% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Jul 02Now 20% undervaluedOver the last 90 days, the stock has risen 25% to JP¥1,086. The fair value is estimated to be JP¥1,361, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.3%.
お知らせ • Jun 27PCI Holdings, Inc. to Report Q1, 2026 Results on Aug 08, 2025PCI Holdings, Inc. announced that they will report Q1, 2026 results on Aug 08, 2025
Reported Earnings • Jun 25Full year 2025 earnings released: EPS: JP¥98.75 (vs JP¥83.37 in FY 2024)Full year 2025 results: EPS: JP¥98.75 (up from JP¥83.37 in FY 2024). Revenue: JP¥26.6b (down 1.1% from FY 2024). Net income: JP¥978.0m (up 17% from FY 2024). Profit margin: 3.7% (up from 3.1% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 7% per year.
分析記事 • May 23PCI Holdings' (TSE:3918) Solid Earnings May Rest On Weak FoundationsPCI Holdings, Inc. ( TSE:3918 ) just released a solid earnings report, and the stock displayed some strength. While the...
Reported Earnings • May 15Second quarter 2025 earnings released: EPS: JP¥23.27 (vs JP¥21.72 in 2Q 2024)Second quarter 2025 results: EPS: JP¥23.27 (up from JP¥21.72 in 2Q 2024). Revenue: JP¥7.04b (up 7.6% from 2Q 2024). Net income: JP¥230.5m (up 7.2% from 2Q 2024). Profit margin: 3.3% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 1% per year.
分析記事 • May 14Improved Earnings Required Before PCI Holdings, Inc. (TSE:3918) Stock's 30% Jump Looks JustifiedPCI Holdings, Inc. ( TSE:3918 ) shares have had a really impressive month, gaining 30% after a shaky period beforehand...
New Risk • May 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.4% 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 (7.4% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥10.7b market cap, or US$73.5m).
Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥1,083, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 15% over the past three years.
お知らせ • May 13PCI Holdings, Inc., Annual General Meeting, Jun 24, 2025PCI Holdings, Inc., Annual General Meeting, Jun 24, 2025.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥759, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 15x in the IT industry in Japan. Total loss to shareholders of 16% over the past three years.
お知らせ • Mar 26PCI Holdings, Inc. to Report Fiscal Year 2025 Results on May 13, 2025PCI Holdings, Inc. announced that they will report fiscal year 2025 results on May 13, 2025
Reported Earnings • Feb 14First quarter 2025 earnings released: EPS: JP¥26.05 (vs JP¥11.49 in 1Q 2024)First quarter 2025 results: EPS: JP¥26.05 (up from JP¥11.49 in 1Q 2024). Revenue: JP¥6.24b (up 2.7% from 1Q 2024). Net income: JP¥258.0m (up 124% from 1Q 2024). Profit margin: 4.1% (up from 1.9% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 2% per year.
Declared Dividend • Jan 11Final dividend of JP¥18.00 announcedShareholders will receive a dividend of JP¥18.00. Ex-date: 28th March 2025 Payment date: 1st January 1970 Dividend yield will be 5.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (43% earnings payout ratio) but not covered by cash flows (dividend approximately 27x free cash flows). The dividend has increased by an average of 8.3% per year over the past 9 years and payments have been stable during that time. Earnings per share has grown by 8.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Dec 28Full year 2024 earnings released: EPS: JP¥82.28 (vs JP¥100 in FY 2023)Full year 2024 results: EPS: JP¥82.28 (down from JP¥100 in FY 2023). Revenue: JP¥25.1b (down 12% from FY 2023). Net income: JP¥817.0m (down 19% from FY 2023). Profit margin: 3.3% (down from 3.5% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings.
お知らせ • Dec 28PCI Holdings, Inc. to Report Q1, 2025 Results on Feb 12, 2025PCI Holdings, Inc. announced that they will report Q1, 2025 results on Feb 12, 2025
New Risk • Dec 17New 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 5.1% 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 Dividend is not well covered by cash flows (dividend per share is over 28x cash flows per share). Share price has been volatile over the past 3 months (5.1% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥8.87b market cap, or US$57.6m).
分析記事 • Nov 21PCI Holdings' (TSE:3918) Problems Go Beyond Weak ProfitThe market wasn't impressed with the soft earnings from PCI Holdings, Inc. ( TSE:3918 ) recently. We did some further...
Reported Earnings • Nov 19Full year 2024 earnings released: EPS: JP¥82.34 (vs JP¥100 in FY 2023)Full year 2024 results: EPS: JP¥82.34 (down from JP¥100 in FY 2023). Revenue: JP¥25.1b (down 12% from FY 2023). Net income: JP¥817.6m (down 19% from FY 2023). Profit margin: 3.3% (down from 3.5% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings.
お知らせ • Nov 15PCI Holdings, Inc., Annual General Meeting, Dec 20, 2024PCI Holdings, Inc., Annual General Meeting, Dec 20, 2024.
お知らせ • Sep 27PCI Holdings, Inc. to Report Fiscal Year 2024 Results on Nov 12, 2024PCI Holdings, Inc. announced that they will report fiscal year 2024 results on Nov 12, 2024
分析記事 • Sep 27PCI Holdings (TSE:3918) Will Pay A Larger Dividend Than Last Year At ¥28.00PCI Holdings, Inc.'s ( TSE:3918 ) dividend will be increasing from last year's payment of the same period to ¥28.00 on...
New Risk • Sep 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (JP¥10.4b market cap, or US$72.8m).
Upcoming Dividend • Sep 20Upcoming dividend of JP¥28.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 23 December 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%).
分析記事 • Sep 04PCI Holdings, Inc. (TSE:3918) Stock Rockets 43% As Investors Are Less Pessimistic Than ExpectedPCI Holdings, Inc. ( TSE:3918 ) shares have had a really impressive month, gaining 43% after a shaky period beforehand...
分析記事 • Aug 28PCI Holdings (TSE:3918) Has Announced That It Will Be Increasing Its Dividend To ¥28.00PCI Holdings, Inc.'s ( TSE:3918 ) dividend will be increasing from last year's payment of the same period to ¥28.00 on...
Reported Earnings • Aug 14Third quarter 2024 earnings released: EPS: JP¥2.63 (vs JP¥6.15 in 3Q 2023)Third quarter 2024 results: EPS: JP¥2.63 (down from JP¥6.15 in 3Q 2023). Revenue: JP¥5.90b (down 15% from 3Q 2023). Net income: JP¥26.0m (down 58% from 3Q 2023). Profit margin: 0.4% (down from 0.9% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year and the company’s share price has also increased by 1% per year.
分析記事 • Aug 14PCI Holdings (TSE:3918) Is Paying Out A Larger Dividend Than Last YearPCI Holdings, Inc.'s ( TSE:3918 ) dividend will be increasing from last year's payment of the same period to ¥28.00 on...
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥775, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 17x in the IT industry in Japan. Total loss to shareholders of 22% over the past three years.
分析記事 • Jul 22PCI Holdings (TSE:3918) Is Increasing Its Dividend To ¥28.00PCI Holdings, Inc. ( TSE:3918 ) will increase its dividend from last year's comparable payment on the 23rd of December...
分析記事 • Jun 24PCI Holdings (TSE:3918) Is Increasing Its Dividend To ¥28.00The board of PCI Holdings, Inc. ( TSE:3918 ) has announced that it will be paying its dividend of ¥28.00 on the 23rd of...
お知らせ • Jun 23PCI Holdings, Inc. to Report Q3, 2024 Results on Aug 09, 2024PCI Holdings, Inc. announced that they will report Q3, 2024 results on Aug 09, 2024
分析記事 • May 21PCI Holdings' (TSE:3918) Shareholders May Want To Dig Deeper Than Statutory ProfitThe recent earnings posted by PCI Holdings, Inc. ( TSE:3918 ) were solid, but the stock didn't move as much as we...
分析記事 • May 11PCI Holdings (TSE:3918) Has Announced That It Will Be Increasing Its Dividend To ¥28.00PCI Holdings, Inc. ( TSE:3918 ) has announced that it will be increasing its dividend from last year's comparable...
Reported Earnings • May 11Second quarter 2024 earnings released: EPS: JP¥21.72 (vs JP¥35.15 in 2Q 2023)Second quarter 2024 results: EPS: JP¥21.72 (down from JP¥35.15 in 2Q 2023). Revenue: JP¥6.54b (down 14% from 2Q 2023). Net income: JP¥215.0m (down 39% from 2Q 2023). Profit margin: 3.3% (down from 4.6% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
分析記事 • Mar 25PCI Holdings (TSE:3918) Will Pay A Dividend Of ¥17.00PCI Holdings, Inc.'s ( TSE:3918 ) investors are due to receive a payment of ¥17.00 per share on 10th of June. This...
お知らせ • Mar 24PCI Holdings, Inc. to Report Q2, 2024 Results on May 09, 2024PCI Holdings, Inc. announced that they will report Q2, 2024 results on May 09, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).
分析記事 • Feb 26PCI Holdings' (TSE:3918) Dividend Will Be ¥17.00The board of PCI Holdings, Inc. ( TSE:3918 ) has announced that it will pay a dividend of ¥17.00 per share on the 10th...
Reported Earnings • Feb 09First quarter 2024 earnings released: EPS: JP¥11.49 (vs JP¥14.81 in 1Q 2023)First quarter 2024 results: EPS: JP¥11.49 (down from JP¥14.81 in 1Q 2023). Revenue: JP¥6.07b (down 8.6% from 1Q 2023). Net income: JP¥115.0m (down 23% from 1Q 2023). Profit margin: 1.9% (down from 2.2% 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 16% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
お知らせ • Dec 28PCI Holdings, Inc. to Report Q1, 2024 Results on Feb 07, 2024PCI Holdings, Inc. announced that they will report Q1, 2024 results on Feb 07, 2024
お知らせ • Nov 17PCI Holdings, Inc. (TSE:3918) announces an Equity Buyback for 200,000 shares, representing 1.98% for ¥200 million.PCI Holdings, Inc. (TSE:3918) announces a share repurchase program. Under the program, the company will repurchase 200,000 shares, representing 1.98% of its issued share capital, for ¥200 million. The purpose of the program is to continuously expand shareholder returns, improve capital efficiency, and increase corporate value over the medium to long term. The shares repurchased will be cancelled. The program will run until December 22, 2023. As of September 30, 2023, the company had 10,077,615 issued shares (excluding treasury stock) and 244,785 shares in treasury.
お知らせ • Nov 13PCI Holdings, Inc., Annual General Meeting, Dec 20, 2023PCI Holdings, Inc., Annual General Meeting, Dec 20, 2023.
Reported Earnings • Nov 11Full year 2023 earnings released: EPS: JP¥100 (vs JP¥63.96 in FY 2022)Full year 2023 results: EPS: JP¥100 (up from JP¥63.96 in FY 2022). Revenue: JP¥28.5b (up 13% from FY 2022). Net income: JP¥1.01b (up 57% from FY 2022). Profit margin: 3.5% (up from 2.6% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Sep 24PCI Holdings, Inc. to Report Fiscal Year 2023 Results on Nov 10, 2023PCI Holdings, Inc. announced that they will report fiscal year 2023 results on Nov 10, 2023
Upcoming Dividend • Sep 21Upcoming dividend of JP¥17.00 per share at 3.2% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 22 December 2023. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.5%).
Reported Earnings • Aug 10Third quarter 2023 earnings released: EPS: JP¥6.10 (vs JP¥18.00 in 3Q 2022)Third quarter 2023 results: EPS: JP¥6.10 (down from JP¥18.00 in 3Q 2022). Revenue: JP¥6.91b (up 19% from 3Q 2022). Net income: JP¥61.5m (down 66% from 3Q 2022). Profit margin: 0.9% (down from 3.1% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • Jun 26PCI Holdings, Inc. to Report Q3, 2023 Results on Aug 08, 2023PCI Holdings, Inc. announced that they will report Q3, 2023 results on Aug 08, 2023
Reported Earnings • May 10Second quarter 2023 earnings released: EPS: JP¥35.14 (vs JP¥29.26 in 2Q 2022)Second quarter 2023 results: EPS: JP¥35.14 (up from JP¥29.26 in 2Q 2022). Revenue: JP¥7.61b (up 12% from 2Q 2022). Net income: JP¥354.0m (up 20% from 2Q 2022). Profit margin: 4.6% (up from 4.3% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥16.00 per share at 3.3% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 12 June 2023. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).
Reported Earnings • Feb 09First quarter 2023 earnings released: EPS: JP¥14.89 (vs JP¥21.40 in 1Q 2022)First quarter 2023 results: EPS: JP¥14.89 (down from JP¥21.40 in 1Q 2022). Revenue: JP¥6.64b (up 13% from 1Q 2022). Net income: JP¥149.8m (down 30% from 1Q 2022). Profit margin: 2.3% (down from 3.7% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Feb 08+ 1 more updatePCI Holdings, Inc. Provides Dividend Guidance for the Second Quarter and Year-End Fiscal Year Ending September 30, 2023PCI Holdings, Inc. provided dividend guidance for the second quarter and Year-end Fiscal year ending September 30, 2023. For the quarter, company expects dividend to be JPY 16.00 per share compared to JPY 15.00 per share a year ago.For the year-end, company expects dividend to be JPY 17.00 per share compared to JPY 16.00 per share a year ago.
お知らせ • Dec 28PCI Holdings, Inc. to Report Q1, 2023 Results on Feb 07, 2023PCI Holdings, Inc. announced that they will report Q1, 2023 results on Feb 07, 2023
Reported Earnings • Dec 27Full year 2022 earnings released: EPS: JP¥63.96 (vs JP¥76.03 in FY 2021)Full year 2022 results: EPS: JP¥63.96 (down from JP¥76.03 in FY 2021). Revenue: JP¥25.2b (up 19% from FY 2021). Net income: JP¥643.0m (down 3.9% from FY 2021). Profit margin: 2.6% (down from 3.1% in FY 2021). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 9 non-independent directors. Independent Outside Director Akiko Takahara was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Nov 15+ 2 more updatesPCI Holdings, Inc. Provides Dividend Guidance for the Second Quarter Ending March 31, 2023 and Year Ending September 30, 2023PCI Holdings, Inc. Provided dividend guidance for the second quarter ending March 31, 2023 and year ending September 30, 2023. For the period, the company expected dividend of JPY 16 per share compared to JPY 15 per share a year ago.For the year, the company expected dividend of JPY 17 per share compared to JPY 16 per share a year ago.
お知らせ • Nov 13PCI Holdings, Inc., Annual General Meeting, Dec 21, 2022PCI Holdings, Inc., Annual General Meeting, Dec 21, 2022.
Reported Earnings • Nov 13Full year 2022 earnings released: EPS: JP¥63.96 (vs JP¥76.03 in FY 2021)Full year 2022 results: EPS: JP¥63.96 (down from JP¥76.03 in FY 2021). Revenue: JP¥25.2b (up 19% from FY 2021). Net income: JP¥643.0m (down 3.9% from FY 2021). Profit margin: 2.6% (down from 3.1% in FY 2021). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • Sep 24PCI Holdings, Inc. to Report Fiscal Year 2022 Results on Nov 11, 2022PCI Holdings, Inc. announced that they will report fiscal year 2022 results on Nov 11, 2022
Upcoming Dividend • Sep 22Upcoming dividend of JP¥16.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 23 December 2022. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).
Reported Earnings • Aug 11Third quarter 2022 earnings released: EPS: JP¥18.00 (vs JP¥14.19 in 3Q 2021)Third quarter 2022 results: EPS: JP¥18.00 (up from JP¥14.19 in 3Q 2021). Revenue: JP¥5.82b (down 8.6% from 3Q 2021). Net income: JP¥181.0m (up 47% from 3Q 2021). Profit margin: 3.1% (up from 1.9% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • Aug 10+ 1 more updatePci Holdings, Inc. Announces Dividend for the Second Quarter of Fiscal Year Ending September 30, 2022; Announces Dividend Guidance for Fiscal Year Ending September 30, 2022PCI Holdings, Inc. announced a dividend of JPY 15.00 per share for the second quarter of fiscal year ending September 30, 2022, against JPY 15.00 per share a year ago.For the full year the company expects to pay the dividend of JPY 16.00 per share for fiscal year ending September 30, 2022.
お知らせ • Jun 25PCI Holdings, Inc. to Report Q3, 2022 Results on Aug 09, 2022PCI Holdings, Inc. announced that they will report Q3, 2022 results on Aug 09, 2022
お知らせ • May 12+ 2 more updatesPci Holdings, Inc. Provides Dividend Guidance for the Fiscal Year Ending September 30, 2022PCI Holdings, Inc. provided dividend guidance for the fiscal year ending September 30, 2022. For the period, the company expected dividend of JPY 16 per share compared to JPY 16 per share a year ago.
Reported Earnings • May 11Second quarter 2022 earnings released: EPS: JP¥29.26 (vs JP¥24.52 in 2Q 2021)Second quarter 2022 results: EPS: JP¥29.26 (up from JP¥24.52 in 2Q 2021). Revenue: JP¥6.81b (up 54% from 2Q 2021). Net income: JP¥294.0m (up 46% from 2Q 2021). Profit margin: 4.3% (down from 4.6% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 9 non-independent directors. Independent Outside Director Akiko Takahara was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 08PCI Holdings, Inc. to Report Q2, 2022 Results on May 10, 2022PCI Holdings, Inc. announced that they will report Q2, 2022 results on May 10, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 13 June 2022. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%).
Reported Earnings • Feb 08First quarter 2022 earnings: Revenues and EPS in line with analyst expectationsFirst quarter 2022 results: EPS: JP¥21.40 (up from JP¥1.46 in 1Q 2021). Revenue: JP¥5.88b (up 55% from 1Q 2021). Net income: JP¥215.0m (up JP¥203.0m from 1Q 2021). Profit margin: 3.7% (up from 0.3% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Reported Earnings • Dec 28Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥76.03 (up from JP¥34.75 in FY 2020). Revenue: JP¥21.2b (up 27% from FY 2020). Net income: JP¥669.0m (up 134% from FY 2020). Profit margin: 3.1% (up from 1.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. 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 8% per year.
Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥1,197, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 21x in the IT industry in Japan. Negligible returns to shareholders over past three years.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥16.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 21 December 2021. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.2%).
Reported Earnings • Aug 12Third quarter 2021 earnings released: EPS JP¥14.19 (vs JP¥1.82 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¥6.37b (up 69% from 3Q 2020). Net income: JP¥123.0m (up JP¥138.0m from 3Q 2020). Profit margin: 1.9% (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 fallen by 5% per year whereas the company’s share price has fallen by 7% per year.
Reported Earnings • May 14Second quarter 2021 earnings released: EPS JP¥24.52 (vs JP¥1.70 loss in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: JP¥4.41b (down 1.4% from 2Q 2020). Net income: JP¥202.0m (up JP¥216.0m from 2Q 2020). Profit margin: 4.6% (up from net loss in 2Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 11 June 2021. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.3%).