Segue Group（3968）株式概要セグエグループ株式会社は、子会社を通じて、日本およびタイにおいて、ITインフラやネットワークセキュリティ製品に関する設計・開発・販売・構築・運用・保守サービスを提供しています。 詳細3968 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績6/6財務の健全性4/6配当金2/6報酬株価収益率（ 10.8 x） JP市場（ 13.8 x）を下回っています。過去1年間で収益は1689.8%増加しました リスク分析3.13%の配当はフリーキャッシュフローで十分にカバーされていない JP市場と比較した過去 3 か月間の株価の変動すべてのリスクチェックを見る3968 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueJP¥Current PriceJP¥575.008.0% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture065b2016201920222025202620282031Revenue JP¥64.5bEarnings JP¥4.2bAdvancedSet Fair ValueView all narrativesSegue Group Co., Ltd. 競合他社Core Concept TechnologiesSymbol: TSE:4371Market cap: JP¥20.0bSystem Support HoldingsSymbol: TSE:4396Market cap: JP¥21.4bNCDSymbol: TSE:4783Market cap: JP¥19.2bRyomo SystemsLtdSymbol: TSE:9691Market cap: JP¥18.1b価格と性能株価の高値、安値、推移の概要Segue Group過去の株価現在の株価JP¥575.0052週高値JP¥809.0052週安値JP¥483.00ベータ0.251ヶ月の変化8.90%3ヶ月変化11.00%1年変化14.54%3年間の変化65.87%5年間の変化49.48%IPOからの変化252.94%最新ニュースReported Earnings • May 18First quarter 2026 earnings released: EPS: JP¥25.91 (vs JP¥6.36 in 1Q 2025)First quarter 2026 results: EPS: JP¥25.91 (up from JP¥6.36 in 1Q 2025). Revenue: JP¥9.18b (up 84% from 1Q 2025). Net income: JP¥882.0m (up 338% from 1Q 2025). Profit margin: 9.6% (up from 4.0% in 1Q 2025). The increase in margin was driven by higher revenue. 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 17% per year.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 7.9% 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: Major Risk High level of non-cash earnings (118% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.9% average weekly change).Valuation Update With 7 Day Price Move • May 13Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥640, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 15x in the IT industry in Japan. Total returns to shareholders of 99% over the past three years.Board Change • Apr 21Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Ryutaro Takada was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Declared Dividend • Apr 11Final dividend of JP¥9.00 announcedShareholders will receive a dividend of JP¥9.00. Ex-date: 29th June 2026 Payment date: 11th September 2026 Dividend yield will be 3.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (35% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 40% per year over the past 7 years and payments have been stable during that time. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 16Full year 2025 earnings released: EPS: JP¥37.57 (vs JP¥15.71 in FY 2024)Full year 2025 results: EPS: JP¥37.57 (up from JP¥15.71 in FY 2024). Revenue: JP¥25.1b (up 34% from FY 2024). Net income: JP¥1.19b (up 135% from FY 2024). Profit margin: 4.7% (up from 2.7% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.最新情報をもっと見るRecent updatesReported Earnings • May 18First quarter 2026 earnings released: EPS: JP¥25.91 (vs JP¥6.36 in 1Q 2025)First quarter 2026 results: EPS: JP¥25.91 (up from JP¥6.36 in 1Q 2025). Revenue: JP¥9.18b (up 84% from 1Q 2025). Net income: JP¥882.0m (up 338% from 1Q 2025). Profit margin: 9.6% (up from 4.0% in 1Q 2025). The increase in margin was driven by higher revenue. 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 17% per year.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 7.9% 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: Major Risk High level of non-cash earnings (118% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.9% average weekly change).Valuation Update With 7 Day Price Move • May 13Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥640, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 15x in the IT industry in Japan. Total returns to shareholders of 99% over the past three years.Board Change • Apr 21Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Ryutaro Takada was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Declared Dividend • Apr 11Final dividend of JP¥9.00 announcedShareholders will receive a dividend of JP¥9.00. Ex-date: 29th June 2026 Payment date: 11th September 2026 Dividend yield will be 3.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (35% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 40% per year over the past 7 years and payments have been stable during that time. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 16Full year 2025 earnings released: EPS: JP¥37.57 (vs JP¥15.71 in FY 2024)Full year 2025 results: EPS: JP¥37.57 (up from JP¥15.71 in FY 2024). Revenue: JP¥25.1b (up 34% from FY 2024). Net income: JP¥1.19b (up 135% from FY 2024). Profit margin: 4.7% (up from 2.7% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.お知らせ • Feb 16Segue Group Co., Ltd., Annual General Meeting, Mar 25, 2026Segue Group Co., Ltd., Annual General Meeting, Mar 25, 2026.お知らせ • Feb 14+ 1 more updateSegue Group Co., Ltd. Announces Year End Dividend for the Year Ended December 31, 2025, Payable on March 26, 2026; Provides Dividend Guidance for the End of Second Quarter and Full Year Ending December 31, 2026Segue Group Co., Ltd. announced year end dividend of JPY 7.00 per share for the year ended December 31, 2025 compared to JPY 6.00 per share a year ago. Scheduled date for dividend payment: March 26, 2026. The company provided dividend guidance for the end of second quarter and full year ending December 31, 2026. For the end of second quarter, the company expects to pay dividend of JPY 9.00 per share compared to JPY 6.00 per share a year ago. For the full year ending December 31, 2026, the company expects to pay dividend of JPY 9.00 per share compared to JPY 7.00 per share a year ago.Valuation Update With 7 Day Price Move • Jan 27Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥531, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 101% over the past three years.お知らせ • Jan 23+ 1 more updateSegue Group Co., Ltd. has filed a Follow-on Equity Offering.Segue Group Co., Ltd. has filed a Follow-on Equity Offering. Security Name: Shares Security Type: Common Stock Securities Offered: 5,225,000お知らせ • Dec 30Segue Group Co., Ltd. to Report Fiscal Year 2025 Results on Feb 13, 2026Segue Group Co., Ltd. announced that they will report fiscal year 2025 results on Feb 13, 2026Upcoming Dividend • Dec 22Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 27 March 2026. Payout ratio is a comfortable 45% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%).分析記事 • Nov 28Segue Group Co., Ltd.'s (TSE:3968) Shares Climb 25% But Its Business Is Yet to Catch UpSegue Group Co., Ltd. ( TSE:3968 ) shareholders would be excited to see that the share price has had a great month...Valuation Update With 7 Day Price Move • Nov 20Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥762, the stock trades at a trailing P/E ratio of 28.8x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 163% over the past three years.Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: JP¥17.17 (vs JP¥5.63 in 3Q 2024)Third quarter 2025 results: EPS: JP¥17.17 (up from JP¥5.63 in 3Q 2024). Revenue: JP¥7.86b (up 43% from 3Q 2024). Net income: JP¥545.0m (up 203% from 3Q 2024). Profit margin: 6.9% (up from 3.3% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.分析記事 • Sep 28Segue Group (TSE:3968) Is Increasing Its Dividend To ¥7.00The board of Segue Group Co., Ltd. ( TSE:3968 ) has announced that it will be paying its dividend of ¥7.00 on the 27th...お知らせ • Sep 27Segue Group Co., Ltd. to Report Q3, 2025 Results on Nov 13, 2025Segue Group Co., Ltd. announced that they will report Q3, 2025 results on Nov 13, 2025分析記事 • Sep 12Segue Group (TSE:3968) Is Paying Out A Larger Dividend Than Last YearSegue Group Co., Ltd. ( TSE:3968 ) will increase its dividend from last year's comparable payment on the 27th of March...Declared Dividend • Sep 12First half dividend of JP¥7.00 announcedShareholders will receive a dividend of JP¥7.00. Ex-date: 29th December 2025 Payment date: 27th March 2026 Dividend yield will be 2.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (80% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 36% per year over the past 7 years and payments have been stable during that time. Earnings per share has grown by 2.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.分析記事 • Aug 22Earnings Troubles May Signal Larger Issues for Segue Group (TSE:3968) ShareholdersThe market rallied behind Segue Group Co., Ltd.'s ( TSE:3968 ) stock, leading do a rise in the share price after its...Valuation Update With 7 Day Price Move • Aug 20Investor sentiment improves as stock rises 25%After last week's 25% share price gain to JP¥651, the stock trades at a trailing P/E ratio of 43.5x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 241% over the past three years.分析記事 • Aug 17Subdued Growth No Barrier To Segue Group Co., Ltd. (TSE:3968) With Shares Advancing 30%The Segue Group Co., Ltd. ( TSE:3968 ) share price has done very well over the last month, posting an excellent gain of...Reported Earnings • Aug 15First half 2025 earnings released: EPS: JP¥12.72 (vs JP¥13.30 in 1H 2024)First half 2025 results: EPS: JP¥12.72 (down from JP¥13.30 in 1H 2024). Revenue: JP¥10.0b (up 19% from 1H 2024). Net income: JP¥402.8m (down 7.2% from 1H 2024). Profit margin: 4.0% (down from 5.2% in 1H 2024). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 46% per year, which means it is well ahead of earnings.分析記事 • Aug 14Segue Group (TSE:3968) Will Want To Turn Around Its Return TrendsIf you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...お知らせ • Jun 29Segue Group Co., Ltd. to Report Q2, 2025 Results on Aug 13, 2025Segue Group Co., Ltd. announced that they will report Q2, 2025 results on Aug 13, 2025Upcoming Dividend • Jun 20Upcoming dividend of JP¥6.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 12 September 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.2%).Reported Earnings • May 19First quarter 2025 earnings released: EPS: JP¥4.42 (vs JP¥16.15 in 1Q 2024)First quarter 2025 results: EPS: JP¥4.42 (down from JP¥16.15 in 1Q 2024). Revenue: JP¥4.79b (down 3.3% from 1Q 2024). Net income: JP¥140.0m (down 74% from 1Q 2024). Profit margin: 2.9% (down from 11% in 1Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings.分析記事 • May 07Segue Group Co., Ltd.'s (TSE:3968) Shares Climb 28% But Its Business Is Yet to Catch UpSegue Group Co., Ltd. ( TSE:3968 ) shareholders are no doubt pleased to see that the share price has bounced 28% in the...分析記事 • Apr 11Segue Group (TSE:3968) Has Announced A Dividend Of ¥6.00Segue Group Co., Ltd. ( TSE:3968 ) will pay a dividend of ¥6.00 on the 12th of September. This makes the dividend yield...Declared Dividend • Apr 11Final dividend of JP¥6.00 announcedShareholders will receive a dividend of JP¥6.00. Ex-date: 27th June 2025 Payment date: 12th September 2025 Dividend yield will be 2.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 41% per year over the past 6 years and payments have been stable during that time. Earnings per share has grown by 5.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Apr 09Segue Group Co., Ltd. to Report Q1, 2025 Results on May 13, 2025Segue Group Co., Ltd. announced that they will report Q1, 2025 results on May 13, 2025New Risk • Apr 07New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥13.7b (US$93.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥13.7b market cap, or US$93.8m).Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥414, the stock trades at a trailing P/E ratio of 27.1x. Average trailing P/E is 15x in the IT industry in Japan. Total returns to shareholders of 124% over the past three years.New Risk • Mar 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.5% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.5% average weekly change). Minor Risk Large one-off items impacting financial results.お知らせ • Feb 27Segue Group Co., Ltd. Announces Cash Dividend for the Fiscal Year Ended December 31, 2024, Payable on March 27, 2025; Provides Dividend Guidance for the Second Quarter of Fiscal Year Ending December 31, 2025; Provides Dividend Guidance for the Year Ending December 31, 2025Segue Group Co., Ltd. announced cash dividend for the fiscal year ended December 31, 2024. For the year, the company announced dividend of JPY 6.00 per share against JPY 15.00 per share a year ago. Scheduled date to commence dividend payments is March 27, 2025. For the second quarter of fiscal year ending December 31, 2025, the company expects to pay dividend of JPY 6.00 per share against JPY 5.00 per share a year ago. For the year ending December 31, 2025, the company expects to pay dividend of JPY 7.00 per share against JPY 6.00 per share a year ago.お知らせ • Feb 25Segue Group Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2025Segue Group Co., Ltd. provided consolidated earnings guidance for the year ending December 31, 2025. For the year, the company expects net sales of JPY 22,500 million, operating profit of JPY 1,260 million, profit attributable to owners of parent of JPY 701 Million or JPY 22.15 basic earnings per share.分析記事 • Feb 21Segue Group Co., Ltd. (TSE:3968) Shares May Have Slumped 25% But Getting In Cheap Is Still UnlikelyThe Segue Group Co., Ltd. ( TSE:3968 ) share price has fared very poorly over the last month, falling by a substantial...分析記事 • Feb 20We Think You Can Look Beyond Segue Group's (TSE:3968) Lackluster EarningsInvestors weren't pleased with the recent soft earnings report from Segue Group Co., Ltd. ( TSE:3968 ). We did some...Valuation Update With 7 Day Price Move • Feb 20Investor sentiment deteriorates as stock falls 28%After last week's 28% share price decline to JP¥479, the stock trades at a trailing P/E ratio of 30x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 202% over the past three years.New Risk • Feb 19New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.8b (US$97.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥14.8b market cap, or US$97.8m).Reported Earnings • Feb 15Full year 2024 earnings released: EPS: JP¥15.62 (vs JP¥19.62 in FY 2023)Full year 2024 results: EPS: JP¥15.62 (down from JP¥19.62 in FY 2023). Revenue: JP¥18.7b (up 7.3% from FY 2023). Net income: JP¥507.0m (down 23% from FY 2023). Profit margin: 2.7% (down from 3.8% in FY 2023). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Feb 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 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 Share price has been volatile over the past 3 months (5.3% average weekly change). Large one-off items impacting financial results.お知らせ • Feb 13Segue Group Co., Ltd., Annual General Meeting, Mar 26, 2025Segue Group Co., Ltd., Annual General Meeting, Mar 26, 2025.お知らせ • Jan 03Segue Group Co., Ltd. to Report Fiscal Year 2024 Results on Feb 13, 2025Segue Group Co., Ltd. announced that they will report fiscal year 2024 results on Feb 13, 2025Upcoming Dividend • Dec 20Upcoming dividend of JP¥6.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 27 March 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%).お知らせ • Nov 14Segue Group Co., Ltd. (TSE:3968) announces an Equity Buyback for 400,000 shares, representing 1.23% for ¥230 million.Segue Group Co., Ltd. (TSE:3968) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 1.23% of its issued share capital (excluding treasury stocks) for ¥230 million. The purpose of the program is to enhance capital efficiency, shareholder returns and implement flexible capital policies that respond to changes in the business environment. The program will be valid till December 23, 2024. As of November 5, 2024, the company had 32,560,086 shares outstanding and no treasury shares.お知らせ • Sep 26Segue Group Co., Ltd. to Report Q3, 2024 Results on Nov 13, 2024Segue Group Co., Ltd. announced that they will report Q3, 2024 results on Nov 13, 2024分析記事 • Sep 04Segue Group Co., Ltd.'s (TSE:3968) 30% Share Price Surge Not Quite Adding UpSegue Group Co., Ltd. ( TSE:3968 ) shares have had a really impressive month, gaining 30% after a shaky period...お知らせ • Aug 21Segue Group Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2024Segue Group Co., Ltd. provided consolidated earnings guidance for the year ending December 31, 2024. For the year, the company expects net sales of JPY 18,800 million, operating profit of JPY 960 million, profit attributable to owners of parent of JPY 773 million and basic earnings per share of JPY 22.73.Declared Dividend • Aug 15Dividend of JP¥6.00 announcedShareholders will receive a dividend of JP¥6.00. Ex-date: 27th December 2024 Payment date: 27th March 2025 Dividend yield will be 1.9%, 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 (27% cash payout ratio). The dividend has increased by an average of 37% per year over the past 6 years and payments have been stable during that time. Earnings per share has grown by 27% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.分析記事 • Aug 13Why We Like The Returns At Segue Group (TSE:3968)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥505, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 61% over the past three years.Buy Or Sell Opportunity • Jul 25Now 21% undervaluedOver the last 90 days, the stock has risen 24% to JP¥620. The fair value is estimated to be JP¥785, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 15%.お知らせ • Jun 27Segue Group Co., Ltd. to Report Q2, 2024 Results on Aug 13, 2024Segue Group Co., Ltd. announced that they will report Q2, 2024 results on Aug 13, 2024Upcoming Dividend • Jun 20Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 17 September 2024. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.6%).Buy Or Sell Opportunity • Jun 13Now 20% undervaluedOver the last 90 days, the stock has risen 5.2% to JP¥624. The fair value is estimated to be JP¥783, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 15%.New Risk • May 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 31% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (109% payout ratio). Share price has been volatile over the past 3 months (5.9% average weekly change). Large one-off items impacting financial results.Reported Earnings • May 18First quarter 2024 earnings released: EPS: JP¥16.15 (vs JP¥8.24 in 1Q 2023)First quarter 2024 results: EPS: JP¥16.15 (up from JP¥8.24 in 1Q 2023). Revenue: JP¥4.95b (up 8.6% from 1Q 2023). Net income: JP¥539.0m (up 95% from 1Q 2023). Profit margin: 11% (up from 6.1% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 11% per year.Declared Dividend • Apr 11Final dividend of JP¥5.00 announcedShareholders will receive a dividend of JP¥5.00. Ex-date: 27th June 2024 Payment date: 17th September 2024 Dividend yield will be 3.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (49% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 43% per year over the past 5 years and payments have been stable during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Mar 27Segue Group Co., Ltd. to Report Q1, 2024 Results on May 14, 2024Segue Group Co., Ltd. announced that they will report Q1, 2024 results on May 14, 2024お知らせ • Mar 22Segue Group Co., Ltd. (TSE:3968) announces an Equity Buyback for 1,800,000 shares, for ¥1,053 million.Segue Group Co.,Ltd. (TSE:3968) announces a share repurchase program. Under the program, the company will repurchase up to 1,800,000 shares, representing 5.29% of its issued share capital for ¥1,053 million. The shares will be repurchased at ¥585 per share. The purpose of the program is to comprehensively consider the company's stock price level, market environment, etc., and to be able to implement a flexible capital policy in response to changes in the business environment. As of February 29, 2024, the company had 34,036,293 shares issued (excluding treasury stock) and 0 shares in treasury.お知らせ • Mar 13+ 3 more updatesSegue Group Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending December 31, 2024Segue Group Co., Ltd. provided dividend guidance for the fiscal year ending December 31, 2024. For the year, the company expects to pay a dividend of JPY 6.00 per share, against JPY 15.00 per share paid a year ago. At a meeting of the Board of Directors held on February 13, 2024, the Company resolved to conduct a 3-for-1 stock split of common shares, with an effective date of March 1, 2024. Dividend per share for the fiscal year ending December 31, 2024 (Forecast) is an amount reflecting this stock split. Excluding the effect of the stock split, the annual dividend per share for the fiscal year ending December 31, 2024 (forecast) would be JPY 33 (JPY 15 for the interim dividend and JPY 18 for the year-end dividend).分析記事 • Feb 28Segue Group Co., Ltd. (TSE:3968) Stock Rockets 125% As Investors Are Less Pessimistic Than ExpectedThe Segue Group Co., Ltd. ( TSE:3968 ) share price has done very well over the last month, posting an excellent gain of...お知らせ • Feb 15Segue Group Co., Ltd., Annual General Meeting, Mar 26, 2024Segue Group Co., Ltd., Annual General Meeting, Mar 26, 2024.Reported Earnings • Feb 15Full year 2023 earnings released: EPS: JP¥58.85 (vs JP¥66.45 in FY 2022)Full year 2023 results: EPS: JP¥58.85 (down from JP¥66.45 in FY 2022). Revenue: JP¥17.4b (up 28% from FY 2022). Net income: JP¥660.0m (down 11% from FY 2022). Profit margin: 3.8% (down from 5.5% in FY 2022). The decrease in margin was driven by higher expenses. 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 3% per year, which means it is significantly lagging earnings growth.New Risk • Feb 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 5.5% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.5% average weekly change). Profit margins are more than 30% lower than last year (4.2% net profit margin). Market cap is less than US$100m (JP¥12.5b market cap, or US$82.9m).Valuation Update With 7 Day Price Move • Feb 14Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥1,112, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 8.2% over the past three years.お知らせ • Dec 27Segue Group Co., Ltd. to Report Fiscal Year 2023 Results on Feb 13, 2024Segue Group Co., Ltd. announced that they will report fiscal year 2023 results on Feb 13, 2024Upcoming Dividend • Dec 21Upcoming dividend of JP¥15.00 per share at 3.3% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 29 March 2024. Payout ratio is a comfortable 49% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.5%).お知らせ • Nov 29+ 1 more updateSegue Group Co., Ltd. Revises Consolidated Financial Guidance for the Year Ending December 31, 2023Segue Group Co., Ltd. revised consolidated financial guidance for the year ending December 31, 2023. For the year, the company expects net sales of ¥17,300 million, operating profit of ¥1,000 million, profit attributable to owners of parent of ¥679 million and earnings per share of ¥60.05 compared previous forecast for net sales of JPY ¥15,700 million, operating profit of ¥1,000 million, profit attributable to owners of parent of ¥679 million and earnings per share of ¥60.05.Reported Earnings • Nov 16Third quarter 2023 earnings released: EPS: JP¥16.85 (vs JP¥15.02 in 3Q 2022)Third quarter 2023 results: EPS: JP¥16.85 (up from JP¥15.02 in 3Q 2022). Revenue: JP¥4.35b (up 38% from 3Q 2022). Net income: JP¥189.0m (up 13% from 3Q 2022). Profit margin: 4.3% (down from 5.3% 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 15% 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 • Sep 27Segue Group Co., Ltd. to Report Q3, 2023 Results on Nov 13, 2023Segue Group Co., Ltd. announced that they will report Q3, 2023 results on Nov 13, 2023お知らせ • Aug 24+ 2 more updatesSegue Group Co., Ltd. Provides Dividend Forecast for the Year Ending December 31, 2023Segue Group Co., Ltd. provided dividend forecast for the year ending December 31, 2023. For the year, the company to pay a dividend of ¥15 against ¥18 paid last year.New Risk • Aug 19New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 60% 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 (60% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (JP¥9.96b market cap, or US$68.5m).Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: JP¥11.59 (vs JP¥21.01 in 2Q 2022)Second quarter 2023 results: EPS: JP¥11.59 (down from JP¥21.01 in 2Q 2022). Revenue: JP¥4.50b (up 69% from 2Q 2022). Net income: JP¥130.0m (down 45% from 2Q 2022). Profit margin: 2.9% (down from 8.8% in 2Q 2022). The decrease in margin was driven by higher expenses. 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 1% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 10Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥908, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 19x in the IT industry in Japan. Total returns to shareholders of 8.3% over the past three years.お知らせ • Jun 26Segue Group Co.,Ltd. to Report Q2, 2023 Results on Aug 09, 2023Segue Group Co.,Ltd. announced that they will report Q2, 2023 results on Aug 09, 2023New Risk • Jun 23New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.8% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.8% average weekly change). Minor Risks 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¥12.4b market cap, or US$86.7m).お知らせ • May 31+ 2 more updatesSegue Group Co.,Ltd. Provides Dividend Guidance for the Full Year Ending December 31, 2023Segue Group Co.,Ltd. provides dividend guidance for the full year ending December 31, 2023. The company expects to pay dividend of JPY 15.00 against JPY 18.00 paid for the same period a year ago.Reported Earnings • May 12First quarter 2023 earnings released: EPS: JP¥24.71 (vs JP¥16.21 in 1Q 2022)First quarter 2023 results: EPS: JP¥24.71 (up from JP¥16.21 in 1Q 2022). Revenue: JP¥4.56b (up 37% from 1Q 2022). Net income: JP¥277.0m (up 53% from 1Q 2022). Profit margin: 6.1% (up from 5.4% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 23%After last week's 23% share price gain to JP¥957, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the IT industry in Japan. Total returns to shareholders of 16% over the past three years.Reported Earnings • Apr 01Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: EPS: JP¥66.45 (up from JP¥39.56 in FY 2021). Revenue: JP¥13.6b (up 13% from FY 2021). Net income: JP¥743.0m (up 64% from FY 2021). Profit margin: 5.5% (up from 3.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 9.6% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the IT industry in Japan. 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.Reported Earnings • Feb 15Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: EPS: JP¥66.45 (up from JP¥39.56 in FY 2021). Revenue: JP¥13.6b (up 13% from FY 2021). Net income: JP¥743.0m (up 64% from FY 2021). Profit margin: 5.5% (up from 3.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 9.6% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the IT industry in Japan. 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 • Feb 14Segue Group Co.,Ltd., Annual General Meeting, Mar 28, 2023Segue Group Co.,Ltd., Annual General Meeting, Mar 28, 2023.お知らせ • Dec 26Segue Group Co.,Ltd. to Report Q4, 2022 Results on Feb 13, 2023Segue Group Co.,Ltd. announced that they will report Q4, 2022 results on Feb 13, 2023Upcoming Dividend • Dec 22Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 27 March 2023. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%).お知らせ • Dec 13Segue Group Co.,Ltd. Revises Year End Dividend Guidance for the Full Year 2022Segue Group Co.,Ltd. revised year end dividend guidance for the full year 2022. For the period, the company expected dividend of JPY 18 per share compared to previous guidance of JPY 16 per share.お知らせ • Dec 01Segue Group Co.,Ltd. Provides Consolidated Earnings Guidance for the Full Year Ending December 31, 2022Segue Group Co.,Ltd. provided consolidated earnings guidance for the full year ending December 31, 2022. For the period, the company expects net sales to be JPY 13,300 million, operating income to be JPY 760 million, net income attributable to owners of parent to be JPY 656 million and net income per share to be JPY 58.75.株主還元3968JP ITJP 市場7D0.9%3.1%1.2%1Y14.5%-6.4%42.1%株主還元を見る業界別リターン: 3968過去 1 年間で-6.4 % の収益を上げたJP IT業界を上回りました。リターン対市場: 3968は、過去 1 年間で42.1 % のリターンを上げたJP市場を下回りました。価格変動Is 3968's price volatile compared to industry and market?3968 volatility3968 Average Weekly Movement7.9%IT Industry Average Movement5.2%Market Average Movement5.0%10% most volatile stocks in JP Market9.6%10% least volatile stocks in JP Market2.5%安定した株価: 3968の株価は、 JP市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 3968の weekly volatility ( 8% ) は過去 1 年間安定していますが、依然としてJPの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1995712Yasuyuki Aisusegue-g.jp株式会社セグエグループは、子会社を通じて、日本およびタイにおいて、ITインフラやネットワークセキュリティ製品に関する設計・開発・販売・構築・運用・保守サービスを提供しています。ファイアウォール/VPN、UTM、Webアプリケーションファイアウォール、マルウェア対策、セキュリティ脆弱性診断・管理、IPアドレス管理、ネットワーク管理、サイバー攻撃検知・分析、ネットワーク認証アプライアンスなどのほか、無線LAN、ルーター、LANスイッチ、サーバー、ストレージなどを提供。また、サーバーベースの仮想ブラウザ「RevoWorks SCVX」、ローカル仮想ブラウザ「RevoWorks Browser」、認証およびシングルサインオンソリューション「WisePoint 8」、認証およびテレワークソリューション「WisePoint Authenticator」を提供している。また、設計・構築、保守、ヘルプデスク、セキュリティリスク評価、監視・分析対策、セキュリティ診断、社員教育、インシデント調査・対応などのセキュリティ、情報システムサポート、エンジニアリング、オンサイト・リモートでのシステム運用・監視などの各種サービスを提供している。さらに、コンサルティングサービス、輸入業務、システム構築・インテグレーション、Wi-Fi運用、情報漏えい対策機器・ソフトウェア・サービスの提供、セキュリティ教育・研修サービス、情報通信インフラサービス、ITインフラ・ネットワーク機器の販売・設置、ネットワークインテグレーション・セキュリティ事業、データセンターインテグレーション事業なども手掛けている。同社は1995年に設立され、中央区に本社を置いている。もっと見るSegue Group Co., Ltd. 基礎のまとめSegue Group の収益と売上を時価総額と比較するとどうか。3968 基礎統計学時価総額JP¥20.90b収益（TTM）JP¥1.93b売上高(TTM)JP¥29.47b10.8xPER（株価収益率0.7xP/Sレシオ3968 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計3968 損益計算書（TTM）収益JP¥29.47b売上原価JP¥22.21b売上総利益JP¥7.26bその他の費用JP¥5.33b収益JP¥1.93b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）53.18グロス・マージン24.64%純利益率6.56%有利子負債／自己資本比率23.0%3968 の長期的なパフォーマンスは？過去の実績と比較を見る配当金3.1%現在の配当利回り22%配当性向3968 配当は確実ですか？3968 配当履歴とベンチマークを見る3968 、いつまでに購入すれば配当金を受け取れますか？Segue Group 配当日配当落ち日Jun 29 2026配当支払日Sep 11 2026配当落ちまでの日数36 days配当支払日までの日数110 days3968 配当は確実ですか？3968 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 13:41終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Segue Group Co., Ltd. 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。2 アナリスト機関Kenichi ItoIchiyoshi Research Institute Inc.Kana SasakiThe Stock Research Center
Reported Earnings • May 18First quarter 2026 earnings released: EPS: JP¥25.91 (vs JP¥6.36 in 1Q 2025)First quarter 2026 results: EPS: JP¥25.91 (up from JP¥6.36 in 1Q 2025). Revenue: JP¥9.18b (up 84% from 1Q 2025). Net income: JP¥882.0m (up 338% from 1Q 2025). Profit margin: 9.6% (up from 4.0% in 1Q 2025). The increase in margin was driven by higher revenue. 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 17% per year.
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 7.9% 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: Major Risk High level of non-cash earnings (118% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.9% average weekly change).
Valuation Update With 7 Day Price Move • May 13Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥640, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 15x in the IT industry in Japan. Total returns to shareholders of 99% over the past three years.
Board Change • Apr 21Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Ryutaro Takada was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Declared Dividend • Apr 11Final dividend of JP¥9.00 announcedShareholders will receive a dividend of JP¥9.00. Ex-date: 29th June 2026 Payment date: 11th September 2026 Dividend yield will be 3.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (35% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 40% per year over the past 7 years and payments have been stable during that time. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 16Full year 2025 earnings released: EPS: JP¥37.57 (vs JP¥15.71 in FY 2024)Full year 2025 results: EPS: JP¥37.57 (up from JP¥15.71 in FY 2024). Revenue: JP¥25.1b (up 34% from FY 2024). Net income: JP¥1.19b (up 135% from FY 2024). Profit margin: 4.7% (up from 2.7% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.
Reported Earnings • May 18First quarter 2026 earnings released: EPS: JP¥25.91 (vs JP¥6.36 in 1Q 2025)First quarter 2026 results: EPS: JP¥25.91 (up from JP¥6.36 in 1Q 2025). Revenue: JP¥9.18b (up 84% from 1Q 2025). Net income: JP¥882.0m (up 338% from 1Q 2025). Profit margin: 9.6% (up from 4.0% in 1Q 2025). The increase in margin was driven by higher revenue. 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 17% per year.
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 7.9% 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: Major Risk High level of non-cash earnings (118% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.9% average weekly change).
Valuation Update With 7 Day Price Move • May 13Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥640, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 15x in the IT industry in Japan. Total returns to shareholders of 99% over the past three years.
Board Change • Apr 21Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Ryutaro Takada was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Declared Dividend • Apr 11Final dividend of JP¥9.00 announcedShareholders will receive a dividend of JP¥9.00. Ex-date: 29th June 2026 Payment date: 11th September 2026 Dividend yield will be 3.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (35% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 40% per year over the past 7 years and payments have been stable during that time. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 16Full year 2025 earnings released: EPS: JP¥37.57 (vs JP¥15.71 in FY 2024)Full year 2025 results: EPS: JP¥37.57 (up from JP¥15.71 in FY 2024). Revenue: JP¥25.1b (up 34% from FY 2024). Net income: JP¥1.19b (up 135% from FY 2024). Profit margin: 4.7% (up from 2.7% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.
お知らせ • Feb 16Segue Group Co., Ltd., Annual General Meeting, Mar 25, 2026Segue Group Co., Ltd., Annual General Meeting, Mar 25, 2026.
お知らせ • Feb 14+ 1 more updateSegue Group Co., Ltd. Announces Year End Dividend for the Year Ended December 31, 2025, Payable on March 26, 2026; Provides Dividend Guidance for the End of Second Quarter and Full Year Ending December 31, 2026Segue Group Co., Ltd. announced year end dividend of JPY 7.00 per share for the year ended December 31, 2025 compared to JPY 6.00 per share a year ago. Scheduled date for dividend payment: March 26, 2026. The company provided dividend guidance for the end of second quarter and full year ending December 31, 2026. For the end of second quarter, the company expects to pay dividend of JPY 9.00 per share compared to JPY 6.00 per share a year ago. For the full year ending December 31, 2026, the company expects to pay dividend of JPY 9.00 per share compared to JPY 7.00 per share a year ago.
Valuation Update With 7 Day Price Move • Jan 27Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥531, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 101% over the past three years.
お知らせ • Jan 23+ 1 more updateSegue Group Co., Ltd. has filed a Follow-on Equity Offering.Segue Group Co., Ltd. has filed a Follow-on Equity Offering. Security Name: Shares Security Type: Common Stock Securities Offered: 5,225,000
お知らせ • Dec 30Segue Group Co., Ltd. to Report Fiscal Year 2025 Results on Feb 13, 2026Segue Group Co., Ltd. announced that they will report fiscal year 2025 results on Feb 13, 2026
Upcoming Dividend • Dec 22Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 27 March 2026. Payout ratio is a comfortable 45% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%).
分析記事 • Nov 28Segue Group Co., Ltd.'s (TSE:3968) Shares Climb 25% But Its Business Is Yet to Catch UpSegue Group Co., Ltd. ( TSE:3968 ) shareholders would be excited to see that the share price has had a great month...
Valuation Update With 7 Day Price Move • Nov 20Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥762, the stock trades at a trailing P/E ratio of 28.8x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 163% over the past three years.
Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: JP¥17.17 (vs JP¥5.63 in 3Q 2024)Third quarter 2025 results: EPS: JP¥17.17 (up from JP¥5.63 in 3Q 2024). Revenue: JP¥7.86b (up 43% from 3Q 2024). Net income: JP¥545.0m (up 203% from 3Q 2024). Profit margin: 6.9% (up from 3.3% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.
分析記事 • Sep 28Segue Group (TSE:3968) Is Increasing Its Dividend To ¥7.00The board of Segue Group Co., Ltd. ( TSE:3968 ) has announced that it will be paying its dividend of ¥7.00 on the 27th...
お知らせ • Sep 27Segue Group Co., Ltd. to Report Q3, 2025 Results on Nov 13, 2025Segue Group Co., Ltd. announced that they will report Q3, 2025 results on Nov 13, 2025
分析記事 • Sep 12Segue Group (TSE:3968) Is Paying Out A Larger Dividend Than Last YearSegue Group Co., Ltd. ( TSE:3968 ) will increase its dividend from last year's comparable payment on the 27th of March...
Declared Dividend • Sep 12First half dividend of JP¥7.00 announcedShareholders will receive a dividend of JP¥7.00. Ex-date: 29th December 2025 Payment date: 27th March 2026 Dividend yield will be 2.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (80% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 36% per year over the past 7 years and payments have been stable during that time. Earnings per share has grown by 2.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
分析記事 • Aug 22Earnings Troubles May Signal Larger Issues for Segue Group (TSE:3968) ShareholdersThe market rallied behind Segue Group Co., Ltd.'s ( TSE:3968 ) stock, leading do a rise in the share price after its...
Valuation Update With 7 Day Price Move • Aug 20Investor sentiment improves as stock rises 25%After last week's 25% share price gain to JP¥651, the stock trades at a trailing P/E ratio of 43.5x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 241% over the past three years.
分析記事 • Aug 17Subdued Growth No Barrier To Segue Group Co., Ltd. (TSE:3968) With Shares Advancing 30%The Segue Group Co., Ltd. ( TSE:3968 ) share price has done very well over the last month, posting an excellent gain of...
Reported Earnings • Aug 15First half 2025 earnings released: EPS: JP¥12.72 (vs JP¥13.30 in 1H 2024)First half 2025 results: EPS: JP¥12.72 (down from JP¥13.30 in 1H 2024). Revenue: JP¥10.0b (up 19% from 1H 2024). Net income: JP¥402.8m (down 7.2% from 1H 2024). Profit margin: 4.0% (down from 5.2% in 1H 2024). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 46% per year, which means it is well ahead of earnings.
分析記事 • Aug 14Segue Group (TSE:3968) Will Want To Turn Around Its Return TrendsIf you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
お知らせ • Jun 29Segue Group Co., Ltd. to Report Q2, 2025 Results on Aug 13, 2025Segue Group Co., Ltd. announced that they will report Q2, 2025 results on Aug 13, 2025
Upcoming Dividend • Jun 20Upcoming dividend of JP¥6.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 12 September 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.2%).
Reported Earnings • May 19First quarter 2025 earnings released: EPS: JP¥4.42 (vs JP¥16.15 in 1Q 2024)First quarter 2025 results: EPS: JP¥4.42 (down from JP¥16.15 in 1Q 2024). Revenue: JP¥4.79b (down 3.3% from 1Q 2024). Net income: JP¥140.0m (down 74% from 1Q 2024). Profit margin: 2.9% (down from 11% in 1Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings.
分析記事 • May 07Segue Group Co., Ltd.'s (TSE:3968) Shares Climb 28% But Its Business Is Yet to Catch UpSegue Group Co., Ltd. ( TSE:3968 ) shareholders are no doubt pleased to see that the share price has bounced 28% in the...
分析記事 • Apr 11Segue Group (TSE:3968) Has Announced A Dividend Of ¥6.00Segue Group Co., Ltd. ( TSE:3968 ) will pay a dividend of ¥6.00 on the 12th of September. This makes the dividend yield...
Declared Dividend • Apr 11Final dividend of JP¥6.00 announcedShareholders will receive a dividend of JP¥6.00. Ex-date: 27th June 2025 Payment date: 12th September 2025 Dividend yield will be 2.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 41% per year over the past 6 years and payments have been stable during that time. Earnings per share has grown by 5.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 09Segue Group Co., Ltd. to Report Q1, 2025 Results on May 13, 2025Segue Group Co., Ltd. announced that they will report Q1, 2025 results on May 13, 2025
New Risk • Apr 07New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥13.7b (US$93.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥13.7b market cap, or US$93.8m).
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥414, the stock trades at a trailing P/E ratio of 27.1x. Average trailing P/E is 15x in the IT industry in Japan. Total returns to shareholders of 124% over the past three years.
New Risk • Mar 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.5% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.5% average weekly change). Minor Risk Large one-off items impacting financial results.
お知らせ • Feb 27Segue Group Co., Ltd. Announces Cash Dividend for the Fiscal Year Ended December 31, 2024, Payable on March 27, 2025; Provides Dividend Guidance for the Second Quarter of Fiscal Year Ending December 31, 2025; Provides Dividend Guidance for the Year Ending December 31, 2025Segue Group Co., Ltd. announced cash dividend for the fiscal year ended December 31, 2024. For the year, the company announced dividend of JPY 6.00 per share against JPY 15.00 per share a year ago. Scheduled date to commence dividend payments is March 27, 2025. For the second quarter of fiscal year ending December 31, 2025, the company expects to pay dividend of JPY 6.00 per share against JPY 5.00 per share a year ago. For the year ending December 31, 2025, the company expects to pay dividend of JPY 7.00 per share against JPY 6.00 per share a year ago.
お知らせ • Feb 25Segue Group Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2025Segue Group Co., Ltd. provided consolidated earnings guidance for the year ending December 31, 2025. For the year, the company expects net sales of JPY 22,500 million, operating profit of JPY 1,260 million, profit attributable to owners of parent of JPY 701 Million or JPY 22.15 basic earnings per share.
分析記事 • Feb 21Segue Group Co., Ltd. (TSE:3968) Shares May Have Slumped 25% But Getting In Cheap Is Still UnlikelyThe Segue Group Co., Ltd. ( TSE:3968 ) share price has fared very poorly over the last month, falling by a substantial...
分析記事 • Feb 20We Think You Can Look Beyond Segue Group's (TSE:3968) Lackluster EarningsInvestors weren't pleased with the recent soft earnings report from Segue Group Co., Ltd. ( TSE:3968 ). We did some...
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment deteriorates as stock falls 28%After last week's 28% share price decline to JP¥479, the stock trades at a trailing P/E ratio of 30x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 202% over the past three years.
New Risk • Feb 19New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.8b (US$97.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥14.8b market cap, or US$97.8m).
Reported Earnings • Feb 15Full year 2024 earnings released: EPS: JP¥15.62 (vs JP¥19.62 in FY 2023)Full year 2024 results: EPS: JP¥15.62 (down from JP¥19.62 in FY 2023). Revenue: JP¥18.7b (up 7.3% from FY 2023). Net income: JP¥507.0m (down 23% from FY 2023). Profit margin: 2.7% (down from 3.8% in FY 2023). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Feb 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 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 Share price has been volatile over the past 3 months (5.3% average weekly change). Large one-off items impacting financial results.
お知らせ • Feb 13Segue Group Co., Ltd., Annual General Meeting, Mar 26, 2025Segue Group Co., Ltd., Annual General Meeting, Mar 26, 2025.
お知らせ • Jan 03Segue Group Co., Ltd. to Report Fiscal Year 2024 Results on Feb 13, 2025Segue Group Co., Ltd. announced that they will report fiscal year 2024 results on Feb 13, 2025
Upcoming Dividend • Dec 20Upcoming dividend of JP¥6.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 27 March 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%).
お知らせ • Nov 14Segue Group Co., Ltd. (TSE:3968) announces an Equity Buyback for 400,000 shares, representing 1.23% for ¥230 million.Segue Group Co., Ltd. (TSE:3968) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 1.23% of its issued share capital (excluding treasury stocks) for ¥230 million. The purpose of the program is to enhance capital efficiency, shareholder returns and implement flexible capital policies that respond to changes in the business environment. The program will be valid till December 23, 2024. As of November 5, 2024, the company had 32,560,086 shares outstanding and no treasury shares.
お知らせ • Sep 26Segue Group Co., Ltd. to Report Q3, 2024 Results on Nov 13, 2024Segue Group Co., Ltd. announced that they will report Q3, 2024 results on Nov 13, 2024
分析記事 • Sep 04Segue Group Co., Ltd.'s (TSE:3968) 30% Share Price Surge Not Quite Adding UpSegue Group Co., Ltd. ( TSE:3968 ) shares have had a really impressive month, gaining 30% after a shaky period...
お知らせ • Aug 21Segue Group Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2024Segue Group Co., Ltd. provided consolidated earnings guidance for the year ending December 31, 2024. For the year, the company expects net sales of JPY 18,800 million, operating profit of JPY 960 million, profit attributable to owners of parent of JPY 773 million and basic earnings per share of JPY 22.73.
Declared Dividend • Aug 15Dividend of JP¥6.00 announcedShareholders will receive a dividend of JP¥6.00. Ex-date: 27th December 2024 Payment date: 27th March 2025 Dividend yield will be 1.9%, 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 (27% cash payout ratio). The dividend has increased by an average of 37% per year over the past 6 years and payments have been stable during that time. Earnings per share has grown by 27% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
分析記事 • Aug 13Why We Like The Returns At Segue Group (TSE:3968)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥505, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 61% over the past three years.
Buy Or Sell Opportunity • Jul 25Now 21% undervaluedOver the last 90 days, the stock has risen 24% to JP¥620. The fair value is estimated to be JP¥785, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 15%.
お知らせ • Jun 27Segue Group Co., Ltd. to Report Q2, 2024 Results on Aug 13, 2024Segue Group Co., Ltd. announced that they will report Q2, 2024 results on Aug 13, 2024
Upcoming Dividend • Jun 20Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 17 September 2024. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.6%).
Buy Or Sell Opportunity • Jun 13Now 20% undervaluedOver the last 90 days, the stock has risen 5.2% to JP¥624. The fair value is estimated to be JP¥783, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 15%.
New Risk • May 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 31% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (109% payout ratio). Share price has been volatile over the past 3 months (5.9% average weekly change). Large one-off items impacting financial results.
Reported Earnings • May 18First quarter 2024 earnings released: EPS: JP¥16.15 (vs JP¥8.24 in 1Q 2023)First quarter 2024 results: EPS: JP¥16.15 (up from JP¥8.24 in 1Q 2023). Revenue: JP¥4.95b (up 8.6% from 1Q 2023). Net income: JP¥539.0m (up 95% from 1Q 2023). Profit margin: 11% (up from 6.1% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 11% per year.
Declared Dividend • Apr 11Final dividend of JP¥5.00 announcedShareholders will receive a dividend of JP¥5.00. Ex-date: 27th June 2024 Payment date: 17th September 2024 Dividend yield will be 3.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (49% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 43% per year over the past 5 years and payments have been stable during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 27Segue Group Co., Ltd. to Report Q1, 2024 Results on May 14, 2024Segue Group Co., Ltd. announced that they will report Q1, 2024 results on May 14, 2024
お知らせ • Mar 22Segue Group Co., Ltd. (TSE:3968) announces an Equity Buyback for 1,800,000 shares, for ¥1,053 million.Segue Group Co.,Ltd. (TSE:3968) announces a share repurchase program. Under the program, the company will repurchase up to 1,800,000 shares, representing 5.29% of its issued share capital for ¥1,053 million. The shares will be repurchased at ¥585 per share. The purpose of the program is to comprehensively consider the company's stock price level, market environment, etc., and to be able to implement a flexible capital policy in response to changes in the business environment. As of February 29, 2024, the company had 34,036,293 shares issued (excluding treasury stock) and 0 shares in treasury.
お知らせ • Mar 13+ 3 more updatesSegue Group Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending December 31, 2024Segue Group Co., Ltd. provided dividend guidance for the fiscal year ending December 31, 2024. For the year, the company expects to pay a dividend of JPY 6.00 per share, against JPY 15.00 per share paid a year ago. At a meeting of the Board of Directors held on February 13, 2024, the Company resolved to conduct a 3-for-1 stock split of common shares, with an effective date of March 1, 2024. Dividend per share for the fiscal year ending December 31, 2024 (Forecast) is an amount reflecting this stock split. Excluding the effect of the stock split, the annual dividend per share for the fiscal year ending December 31, 2024 (forecast) would be JPY 33 (JPY 15 for the interim dividend and JPY 18 for the year-end dividend).
分析記事 • Feb 28Segue Group Co., Ltd. (TSE:3968) Stock Rockets 125% As Investors Are Less Pessimistic Than ExpectedThe Segue Group Co., Ltd. ( TSE:3968 ) share price has done very well over the last month, posting an excellent gain of...
お知らせ • Feb 15Segue Group Co., Ltd., Annual General Meeting, Mar 26, 2024Segue Group Co., Ltd., Annual General Meeting, Mar 26, 2024.
Reported Earnings • Feb 15Full year 2023 earnings released: EPS: JP¥58.85 (vs JP¥66.45 in FY 2022)Full year 2023 results: EPS: JP¥58.85 (down from JP¥66.45 in FY 2022). Revenue: JP¥17.4b (up 28% from FY 2022). Net income: JP¥660.0m (down 11% from FY 2022). Profit margin: 3.8% (down from 5.5% in FY 2022). The decrease in margin was driven by higher expenses. 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 3% per year, which means it is significantly lagging earnings growth.
New Risk • Feb 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 5.5% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.5% average weekly change). Profit margins are more than 30% lower than last year (4.2% net profit margin). Market cap is less than US$100m (JP¥12.5b market cap, or US$82.9m).
Valuation Update With 7 Day Price Move • Feb 14Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥1,112, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 8.2% over the past three years.
お知らせ • Dec 27Segue Group Co., Ltd. to Report Fiscal Year 2023 Results on Feb 13, 2024Segue Group Co., Ltd. announced that they will report fiscal year 2023 results on Feb 13, 2024
Upcoming Dividend • Dec 21Upcoming dividend of JP¥15.00 per share at 3.3% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 29 March 2024. Payout ratio is a comfortable 49% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.5%).
お知らせ • Nov 29+ 1 more updateSegue Group Co., Ltd. Revises Consolidated Financial Guidance for the Year Ending December 31, 2023Segue Group Co., Ltd. revised consolidated financial guidance for the year ending December 31, 2023. For the year, the company expects net sales of ¥17,300 million, operating profit of ¥1,000 million, profit attributable to owners of parent of ¥679 million and earnings per share of ¥60.05 compared previous forecast for net sales of JPY ¥15,700 million, operating profit of ¥1,000 million, profit attributable to owners of parent of ¥679 million and earnings per share of ¥60.05.
Reported Earnings • Nov 16Third quarter 2023 earnings released: EPS: JP¥16.85 (vs JP¥15.02 in 3Q 2022)Third quarter 2023 results: EPS: JP¥16.85 (up from JP¥15.02 in 3Q 2022). Revenue: JP¥4.35b (up 38% from 3Q 2022). Net income: JP¥189.0m (up 13% from 3Q 2022). Profit margin: 4.3% (down from 5.3% 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 15% 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 • Sep 27Segue Group Co., Ltd. to Report Q3, 2023 Results on Nov 13, 2023Segue Group Co., Ltd. announced that they will report Q3, 2023 results on Nov 13, 2023
お知らせ • Aug 24+ 2 more updatesSegue Group Co., Ltd. Provides Dividend Forecast for the Year Ending December 31, 2023Segue Group Co., Ltd. provided dividend forecast for the year ending December 31, 2023. For the year, the company to pay a dividend of ¥15 against ¥18 paid last year.
New Risk • Aug 19New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 60% 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 (60% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (JP¥9.96b market cap, or US$68.5m).
Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: JP¥11.59 (vs JP¥21.01 in 2Q 2022)Second quarter 2023 results: EPS: JP¥11.59 (down from JP¥21.01 in 2Q 2022). Revenue: JP¥4.50b (up 69% from 2Q 2022). Net income: JP¥130.0m (down 45% from 2Q 2022). Profit margin: 2.9% (down from 8.8% in 2Q 2022). The decrease in margin was driven by higher expenses. 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 1% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 10Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥908, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 19x in the IT industry in Japan. Total returns to shareholders of 8.3% over the past three years.
お知らせ • Jun 26Segue Group Co.,Ltd. to Report Q2, 2023 Results on Aug 09, 2023Segue Group Co.,Ltd. announced that they will report Q2, 2023 results on Aug 09, 2023
New Risk • Jun 23New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.8% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.8% average weekly change). Minor Risks 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¥12.4b market cap, or US$86.7m).
お知らせ • May 31+ 2 more updatesSegue Group Co.,Ltd. Provides Dividend Guidance for the Full Year Ending December 31, 2023Segue Group Co.,Ltd. provides dividend guidance for the full year ending December 31, 2023. The company expects to pay dividend of JPY 15.00 against JPY 18.00 paid for the same period a year ago.
Reported Earnings • May 12First quarter 2023 earnings released: EPS: JP¥24.71 (vs JP¥16.21 in 1Q 2022)First quarter 2023 results: EPS: JP¥24.71 (up from JP¥16.21 in 1Q 2022). Revenue: JP¥4.56b (up 37% from 1Q 2022). Net income: JP¥277.0m (up 53% from 1Q 2022). Profit margin: 6.1% (up from 5.4% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 23%After last week's 23% share price gain to JP¥957, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the IT industry in Japan. Total returns to shareholders of 16% over the past three years.
Reported Earnings • Apr 01Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: EPS: JP¥66.45 (up from JP¥39.56 in FY 2021). Revenue: JP¥13.6b (up 13% from FY 2021). Net income: JP¥743.0m (up 64% from FY 2021). Profit margin: 5.5% (up from 3.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 9.6% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the IT industry in Japan. 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.
Reported Earnings • Feb 15Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: EPS: JP¥66.45 (up from JP¥39.56 in FY 2021). Revenue: JP¥13.6b (up 13% from FY 2021). Net income: JP¥743.0m (up 64% from FY 2021). Profit margin: 5.5% (up from 3.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 9.6% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the IT industry in Japan. 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 • Feb 14Segue Group Co.,Ltd., Annual General Meeting, Mar 28, 2023Segue Group Co.,Ltd., Annual General Meeting, Mar 28, 2023.
お知らせ • Dec 26Segue Group Co.,Ltd. to Report Q4, 2022 Results on Feb 13, 2023Segue Group Co.,Ltd. announced that they will report Q4, 2022 results on Feb 13, 2023
Upcoming Dividend • Dec 22Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 27 March 2023. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%).
お知らせ • Dec 13Segue Group Co.,Ltd. Revises Year End Dividend Guidance for the Full Year 2022Segue Group Co.,Ltd. revised year end dividend guidance for the full year 2022. For the period, the company expected dividend of JPY 18 per share compared to previous guidance of JPY 16 per share.
お知らせ • Dec 01Segue Group Co.,Ltd. Provides Consolidated Earnings Guidance for the Full Year Ending December 31, 2022Segue Group Co.,Ltd. provided consolidated earnings guidance for the full year ending December 31, 2022. For the period, the company expects net sales to be JPY 13,300 million, operating income to be JPY 760 million, net income attributable to owners of parent to be JPY 656 million and net income per share to be JPY 58.75.
