TRADE WORKS（3997）株式概要株式会社トレードワークスは、システム開発、クラウドサービス提供、システム保守・運用サービスを行っています。 詳細3997 ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長0/6過去の実績2/6財務の健全性5/6配当金0/6報酬今年は黒字化を達成 リスク分析JP市場と比較して、過去 3 か月間の株価の変動が非常に大きい財務結果に影響を与える大きな一時的項目 意味のある時価総額がありません ( ¥12B )すべてのリスクチェックを見る3997 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¥298.0049.8% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-202m5b2016201920222025202620282031Revenue JP¥5.4bEarnings JP¥172.0mAdvancedSet Fair ValueView all narrativesTRADE WORKS Co., Ltd 競合他社Tobila SystemsSymbol: TSE:4441Market cap: JP¥12.8bKinjiroLtdSymbol: TSE:4013Market cap: JP¥11.5beSOLLtdSymbol: TSE:4420Market cap: JP¥14.4bCaulisSymbol: TSE:153AMarket cap: JP¥11.3b価格と性能株価の高値、安値、推移の概要TRADE WORKS過去の株価現在の株価JP¥298.0052週高値JP¥650.0052週安値JP¥115.10ベータ0.491ヶ月の変化-28.88%3ヶ月変化-42.47%1年変化143.66%3年間の変化231.11%5年間の変化209.13%IPOからの変化76.68%最新ニュースValuation Update With 7 Day Price Move • May 15Investor sentiment deteriorates as stock falls 28%After last week's 28% share price decline to JP¥306, the stock trades at a trailing P/E ratio of 72.9x. Average trailing P/E is 17x in the Software industry in Japan. Total returns to shareholders of 266% over the past three years.Reported Earnings • May 09First quarter 2026 earnings released: EPS: JP¥0.48 (vs JP¥2.70 loss in 1Q 2025)First quarter 2026 results: EPS: JP¥0.48 (up from JP¥2.70 loss in 1Q 2025). Revenue: JP¥1.24b (up 39% from 1Q 2025). Net income: JP¥19.0m (up JP¥116.0m from 1Q 2025). Profit margin: 1.5% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 66% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 08TRADE WORKS Co., Ltd to Report Q1, 2026 Results on May 08, 2026TRADE WORKS Co., Ltd announced that they will report Q1, 2026 results on May 08, 2026お知らせ • Apr 18TRADE WORKS Co., Ltd (TSE:3997) announces an Equity Buyback for 80,000 shares, representing 0.19% for ¥31.12 million.TRADE WORKS Co., Ltd (TSE:3997) announces a share repurchase program. Under the program, the company will repurchase up to 80,000 shares, representing 0.19% of its issued share capital (excluding treasury stock), for a total purchase price of ¥31.12 million. The shares will be repurchased at a price of ¥389 per share. The purpose of the program is to improve capital efficiency and implement agile capital policies in response to changes in the business environment. As of March 3, 2026, the company has 41,029,250 issued shares (excluding treasury stock) and 12,750 treasury shares.Reported Earnings • Apr 04Full year 2025 earnings released: EPS: JP¥1.46 (vs JP¥4.48 loss in FY 2024)Full year 2025 results: EPS: JP¥1.46 (up from JP¥4.48 loss in FY 2024). Revenue: JP¥5.05b (up 10.0% from FY 2024). Net income: JP¥56.0m (up JP¥207.0m from FY 2024). Profit margin: 1.1% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 55% per year, which means it is well ahead of earnings.New Risk • Mar 23New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.5b (US$97.6m) 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: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (JP¥15.5b market cap, or US$97.6m).最新情報をもっと見るRecent updatesValuation Update With 7 Day Price Move • May 15Investor sentiment deteriorates as stock falls 28%After last week's 28% share price decline to JP¥306, the stock trades at a trailing P/E ratio of 72.9x. Average trailing P/E is 17x in the Software industry in Japan. Total returns to shareholders of 266% over the past three years.Reported Earnings • May 09First quarter 2026 earnings released: EPS: JP¥0.48 (vs JP¥2.70 loss in 1Q 2025)First quarter 2026 results: EPS: JP¥0.48 (up from JP¥2.70 loss in 1Q 2025). Revenue: JP¥1.24b (up 39% from 1Q 2025). Net income: JP¥19.0m (up JP¥116.0m from 1Q 2025). Profit margin: 1.5% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 66% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 08TRADE WORKS Co., Ltd to Report Q1, 2026 Results on May 08, 2026TRADE WORKS Co., Ltd announced that they will report Q1, 2026 results on May 08, 2026お知らせ • Apr 18TRADE WORKS Co., Ltd (TSE:3997) announces an Equity Buyback for 80,000 shares, representing 0.19% for ¥31.12 million.TRADE WORKS Co., Ltd (TSE:3997) announces a share repurchase program. Under the program, the company will repurchase up to 80,000 shares, representing 0.19% of its issued share capital (excluding treasury stock), for a total purchase price of ¥31.12 million. The shares will be repurchased at a price of ¥389 per share. The purpose of the program is to improve capital efficiency and implement agile capital policies in response to changes in the business environment. As of March 3, 2026, the company has 41,029,250 issued shares (excluding treasury stock) and 12,750 treasury shares.Reported Earnings • Apr 04Full year 2025 earnings released: EPS: JP¥1.46 (vs JP¥4.48 loss in FY 2024)Full year 2025 results: EPS: JP¥1.46 (up from JP¥4.48 loss in FY 2024). Revenue: JP¥5.05b (up 10.0% from FY 2024). Net income: JP¥56.0m (up JP¥207.0m from FY 2024). Profit margin: 1.1% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 55% per year, which means it is well ahead of earnings.New Risk • Mar 23New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.5b (US$97.6m) 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: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (JP¥15.5b market cap, or US$97.6m).お知らせ • Mar 03TRADE WORKS Co., Ltd announced that it has received ¥858 million in funding from Tokai Tokyo Financial Holdings, Inc.On March 3, 2026, TRADE WORKS Co., Ltd closed the transaction. The company issued 2,000,000 common shares at an issue price of ¥429 per share for gross of ¥858,000,000. The transaction will happen through third party allocation.Reported Earnings • Feb 14Full year 2025 earnings released: EPS: JP¥1.46 (vs JP¥4.48 loss in FY 2024)Full year 2025 results: EPS: JP¥1.46 (up from JP¥4.48 loss in FY 2024). Revenue: JP¥5.05b (up 10.0% from FY 2024). Net income: JP¥56.0m (up JP¥207.0m from FY 2024). Profit margin: 1.1% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 78% per year, which means it is well ahead of earnings.お知らせ • Feb 12+ 1 more updateTRADE WORKS Co., Ltd, Annual General Meeting, Mar 27, 2026TRADE WORKS Co., Ltd, Annual General Meeting, Mar 27, 2026.お知らせ • Dec 31TRADE WORKS Co., Ltd to Report Fiscal Year 2025 Results on Feb 12, 2026TRADE WORKS Co., Ltd announced that they will report fiscal year 2025 results on Feb 12, 2026Upcoming Dividend • Dec 22Upcoming dividend of JP¥2.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 31 March 2026. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.7%).Reported Earnings • Nov 09Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: JP¥1.49b (up 21% from 3Q 2024). Net income: JP¥122.0m (up 388% from 3Q 2024). Profit margin: 8.2% (up from 2.0% in 3Q 2024). The increase in margin was driven by higher revenue.New Risk • Sep 28New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 5.5% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-JP¥680m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (JP¥14.1b market cap, or US$94.2m).お知らせ • Sep 27TRADE WORKS Co., Ltd to Report Q3, 2025 Results on Nov 07, 2025TRADE WORKS Co., Ltd announced that they will report Q3, 2025 results on Nov 07, 2025New Risk • Aug 14New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -JP¥680m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-JP¥680m free cash flow). Share price has been highly volatile over the past 3 months (10.0% average weekly change). Minor Risks Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (JP¥8.66b market cap, or US$59.1m).Reported Earnings • Aug 10Second quarter 2025 earnings released: EPS: JP¥7.17 (vs JP¥26.95 loss in 2Q 2024)Second quarter 2025 results: EPS: JP¥7.17 (up from JP¥26.95 loss in 2Q 2024). Revenue: JP¥1.16b (up 32% from 2Q 2024). Net income: JP¥28.0m (up JP¥117.0m from 2Q 2024). Profit margin: 2.4% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue.お知らせ • Jun 20TRADE WORKS Co., Ltd to Report Q2, 2025 Results on Aug 08, 2025TRADE WORKS Co., Ltd announced that they will report Q2, 2025 results on Aug 08, 2025お知らせ • May 26TRADE WORKS Co., Ltd (TSE:3997) agreed to acquire MINKABU Web3 Wallet Inc. from MINKABU SOLUTION SERVICES , Inc. and THXLab Co., Ltd. for ¥37 million.TRADE WORKS Co., Ltd (TSE:3997) agreed to acquire MINKABU Web3 Wallet Inc. from MINKABU SOLUTION SERVICES , Inc. and THXLab Co., Ltd. for ¥37 million on May 26, 2025. The expected completion of the transaction is June 2, 2025.Reported Earnings • May 14First quarter 2025 earnings released: JP¥27.04 loss per share (vs JP¥31.81 loss in 1Q 2024)First quarter 2025 results: JP¥27.04 loss per share (improved from JP¥31.81 loss in 1Q 2024). Revenue: JP¥893.0m (down 16% from 1Q 2024). Net loss: JP¥97.0m (loss narrowed 7.6% from 1Q 2024).Reported Earnings • Apr 05Full year 2024 earnings released: JP¥44.83 loss per share (vs JP¥16.12 loss in FY 2023)Full year 2024 results: JP¥44.83 loss per share (further deteriorated from JP¥16.12 loss in FY 2023). Revenue: JP¥4.59b (up 22% from FY 2023). Net loss: JP¥151.0m (loss widened 185% from FY 2023).お知らせ • Apr 01TRADE WORKS Co., Ltd (TSE:3997) completed the acquisition of Minkabu Asset Partners, Inc. from MINKABU SOLUTION SERVICES , Inc.TRADE WORKS Co., Ltd (TSE:3997) agreed to acquire Minkabu Asset Partners, Inc. from MINKABU SOLUTION SERVICES , Inc. for ¥100 million on February 14, 2025. A cash consideration of ¥100 million will be paid by TRADE WORKS Co., Ltd. As part of consideration, ¥100 million is paid towards common equity of Minkabu Asset Partners, Inc. For the period ending March 31, 2024, Minkabu Asset Partners, Inc. reported total revenue of ¥3 million, operating loss of ¥55 million and net loss of ¥56 million. As of March 31, 2024, Minkabu Asset Partners, Inc. reported total assets of ¥99 million and net liabilities of ¥12 million. The expected completion of the transaction is March 31, 2025. TRADE WORKS Co., Ltd (TSE:3997) completed the acquisition of Minkabu Asset Partners, Inc. from MINKABU SOLUTION SERVICES , Inc. on March 31, 2025.お知らせ • Mar 26TRADE WORKS Co., Ltd to Report Q1, 2025 Results on May 12, 2025TRADE WORKS Co., Ltd announced that they will report Q1, 2025 results on May 12, 2025お知らせ • Mar 24TRADE WORKS Co., Ltd (TSE:3997) signed a letter of intent to acquire an unknown minority stake in CXR Engineering IncTRADE WORKS Co., Ltd (TSE:3997) signed a letter of intent to acquire an unknown minority stake in CXR Engineering Inc. on March 24, 2025. For the period ending December 31, 2024, CXR Engineering Inc. reported total revenue of ¥576.09 million, EBIT of ¥1.75 million and net income of ¥0.38 million. As of December 31, 2024, CXR Engineering Inc. reported total assets of ¥577.89 million and total common equity of ¥334.54 million. The expected completion of the transaction is April 1, 2025.New Risk • Mar 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 18% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.8% average weekly change). Minor Risks Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (JP¥5.04b market cap, or US$34.1m).お知らせ • Mar 05TRADE WORKS Co., Ltd announced that it has received ¥539.448 million in funding from SBI Holdings, Inc., Matsui Securities Co., Ltd., IwaiCosmo Securities Co., Ltd.On March 4, 2025, TRADE WORKS Co., Ltd closed the transaction.New Risk • Feb 17New 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 7.6% 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 (7.6% average weekly change). Minor Risk Market cap is less than US$100m (JP¥5.42b market cap, or US$35.8m).Buy Or Sell Opportunity • Feb 17Now 37% overvalued after recent price riseOver the last 90 days, the stock has risen 34% to JP¥1,579. The fair value is estimated to be JP¥1,148, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last year. Meanwhile, the company became loss making.Reported Earnings • Feb 16Full year 2024 earnings released: JP¥44.83 loss per share (vs JP¥16.12 loss in FY 2023)Full year 2024 results: JP¥44.83 loss per share (further deteriorated from JP¥16.12 loss in FY 2023). Revenue: JP¥4.59b (up 22% from FY 2023). Net loss: JP¥151.0m (loss widened 185% from FY 2023).お知らせ • Feb 14TRADE WORKS Co., Ltd, Annual General Meeting, Mar 28, 2025TRADE WORKS Co., Ltd, Annual General Meeting, Mar 28, 2025.New Risk • Jan 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Shareholders have been diluted in the past year (4.4% increase in shares outstanding). Market cap is less than US$100m (JP¥4.57b market cap, or US$29.0m).お知らせ • Dec 21TRADE WORKS Co., Ltd to Report Fiscal Year 2024 Results on Feb 14, 2025TRADE WORKS Co., Ltd announced that they will report fiscal year 2024 results on Feb 14, 2025Upcoming Dividend • Dec 20Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 31 March 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.3%).お知らせ • Sep 21TRADE WORKS Co., Ltd to Report Q3, 2024 Results on Nov 14, 2024TRADE WORKS Co., Ltd announced that they will report Q3, 2024 results on Nov 14, 2024New Risk • Sep 18New 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 11% 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 Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Market cap is less than US$100m (JP¥3.14b market cap, or US$22.2m).Reported Earnings • Aug 14Second quarter 2024 earnings released: JP¥26.95 loss per share (vs JP¥18.30 loss in 2Q 2023)Second quarter 2024 results: JP¥26.95 loss per share (further deteriorated from JP¥18.30 loss in 2Q 2023). Revenue: JP¥873.0m (up 44% from 2Q 2023). Net loss: JP¥89.0m (loss widened 48% from 2Q 2023).お知らせ • Jun 29MINKABU SOLUTION SERVICES , Inc. agreed to acquire an unknown minority stake in TRADE WORKS Co., Ltd (TSE:3997).MINKABU SOLUTION SERVICES , Inc. agreed to acquire an unknown minority stake in TRADE WORKS Co., Ltd (TSE:3997) on May 10, 2024.The transaction is subject to approval of offer by shareholders of MINKABU SOLUTION SERVICES.お知らせ • Jun 20TRADE WORKS Co., Ltd to Report Q2, 2024 Results on Aug 09, 2024TRADE WORKS Co., Ltd announced that they will report Q2, 2024 results on Aug 09, 2024New Risk • Jun 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Market cap is less than US$100m (JP¥3.18b market cap, or US$20.1m).Reported Earnings • May 13First quarter 2024 earnings released: JP¥31.81 loss per share (vs JP¥13.45 profit in 1Q 2023)First quarter 2024 results: JP¥31.81 loss per share (down from JP¥13.45 profit in 1Q 2023). Revenue: JP¥1.07b (up 6.8% from 1Q 2023). Net loss: JP¥105.0m (down 339% from profit in 1Q 2023).お知らせ • Mar 23TRADE WORKS Co., Ltd to Report Q1, 2024 Results on May 10, 2024TRADE WORKS Co., Ltd announced that they will report Q1, 2024 results on May 10, 2024お知らせ • Feb 16TRADE WORKS Co., Ltd, Annual General Meeting, Mar 28, 2024TRADE WORKS Co., Ltd, Annual General Meeting, Mar 28, 2024.Reported Earnings • Feb 15Full year 2023 earnings released: JP¥16.12 loss per share (vs JP¥58.78 profit in FY 2022)Full year 2023 results: JP¥16.12 loss per share (down from JP¥58.78 profit in FY 2022). Revenue: JP¥3.75b (up 15% from FY 2022). Net loss: JP¥53.0m (down 126% from profit in FY 2022).Upcoming Dividend • Dec 21Upcoming dividend of JP¥15.00 per share at 1.6% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 30 March 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (1.5%).お知らせ • Dec 09TRADE WORKS Co., Ltd to Report Fiscal Year 2023 Results on Feb 13, 2024TRADE WORKS Co., Ltd announced that they will report fiscal year 2023 results on Feb 13, 2024Reported Earnings • Nov 12Third quarter 2023 earnings released: JP¥23.03 loss per share (vs JP¥0.60 loss in 3Q 2022)Third quarter 2023 results: JP¥23.03 loss per share (further deteriorated from JP¥0.60 loss in 3Q 2022). Revenue: JP¥969.0m (up 37% from 3Q 2022). Net loss: JP¥76.0m (loss widened JP¥74.0m from 3Q 2022).New Risk • Oct 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.4% 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: Major Risk Revenue has declined by 1.0% over the past year. Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (JP¥2.83b market cap, or US$18.9m).お知らせ • Sep 24TRADE WORKS Co., Ltd to Report Q3, 2023 Results on Nov 10, 2023TRADE WORKS Co., Ltd announced that they will report Q3, 2023 results on Nov 10, 2023New Risk • Aug 14New major risk - Revenue and earnings growthRevenue has declined by 1.0% 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 1.0% over the past year. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (JP¥2.97b market cap, or US$20.5m).Reported Earnings • Aug 14Second quarter 2023 earnings released: JP¥18.30 loss per share (vs JP¥0.60 loss in 2Q 2022)Second quarter 2023 results: JP¥18.30 loss per share (further deteriorated from JP¥0.60 loss in 2Q 2022). Revenue: JP¥608.0m (down 14% from 2Q 2022). Net loss: JP¥60.0m (loss widened JP¥58.0m from 2Q 2022).お知らせ • Jun 14TRADE WORKS Co., Ltd to Report Q2, 2023 Results on Aug 10, 2023TRADE WORKS Co., Ltd announced that they will report Q2, 2023 results on Aug 10, 2023Valuation Update With 7 Day Price Move • Mar 31Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥1,072, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 23x in the Software industry in Japan. Total returns to shareholders of 136% over the past three years.お知らせ • Feb 12TRADE WORKS Co., Ltd, Annual General Meeting, Mar 29, 2023TRADE WORKS Co., Ltd, Annual General Meeting, Mar 29, 2023.お知らせ • Dec 17TRADE WORKS Co., Ltd to Report Fiscal Year 2022 Results on Feb 10, 2023TRADE WORKS Co., Ltd announced that they will report fiscal year 2022 results on Feb 10, 2023お知らせ • Sep 17TRADE WORKS Co., Ltd to Report Q3, 2022 Results on Nov 04, 2022TRADE WORKS Co., Ltd announced that they will report Q3, 2022 results on Nov 04, 2022お知らせ • Sep 16TRADE WORKS Co., Ltd (TSE:3997) announces an Equity Buyback for 180,000 shares, representing 5.23% for ¥200 million.TRADE WORKS Co., Ltd (TSE:3997) announces a share repurchase program. Under the program, the company will repurchase 180,000 shares, representing 5.23% of the outstanding shares for ¥200 million. The purpose of the program is to enhance shareholder returns, improve capital efficiency, and implement a flexible capital policy that responds to changes in the business environment. The program will run until December 28, 2022. As of August 31, 2022, the company had 3,441,074 shares outstanding (excluding treasury stock) and 226 shares in treasury.お知らせ • Jun 19TRADE WORKS Co., Ltd to Report Q2, 2022 Results on Aug 10, 2022TRADE WORKS Co., Ltd announced that they will report Q2, 2022 results on Aug 10, 2022お知らせ • Apr 08TRADE WORKS Co., Ltd to Report Q1, 2022 Results on May 06, 2022TRADE WORKS Co., Ltd announced that they will report Q1, 2022 results on May 06, 2022お知らせ • Feb 12TRADE WORKS Co., Ltd, Annual General Meeting, Mar 30, 2022TRADE WORKS Co., Ltd, Annual General Meeting, Mar 30, 2022.Upcoming Dividend • Dec 22Inaugural dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 29 March 2022. The company is not currently making a profit and is not cash flow positive. This is the first dividend for TRADE WORKS since going public. The average dividend yield among industry peers is 1.5%.お知らせ • Mar 14TRADE WORKS Co., Ltd to Report Q1, 2021 Results on Apr 30, 2021TRADE WORKS Co., Ltd announced that they will report Q1, 2021 results on Apr 30, 2021Is New 90 Day High Low • Feb 18New 90-day high: JP¥1,005The company is up 19% from its price of JP¥848 on 20 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 6.0% over the same period.お知らせ • Dec 19TRADE WORKS Co., Ltd to Report Fiscal Year 2020 Results on Feb 12, 2021TRADE WORKS Co., Ltd announced that they will report fiscal year 2020 results on Feb 12, 2021Is New 90 Day High Low • Oct 02New 90-day high: JP¥1,019The company is up 38% from its price of JP¥740 on 03 July 2020. The Japanese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 8.0% over the same period.お知らせ • Sep 19TRADE WORKS Co., Ltd to Report Q3, 2020 Results on Nov 06, 2020TRADE WORKS Co., Ltd announced that they will report Q3, 2020 results on Nov 06, 2020お知らせ • Jun 29TRADE WORKS Co., Ltd to Report Q2, 2020 Results on Aug 13, 2020TRADE WORKS Co., Ltd announced that they will report Q2, 2020 results on Aug 13, 2020株主還元3997JP SoftwareJP 市場7D-1.0%0.7%-3.1%1Y143.7%-24.4%38.2%株主還元を見る業界別リターン: 3997過去 1 年間で-24.4 % の収益を上げたJP Software業界を上回りました。リターン対市場: 3997過去 1 年間で38.2 % の収益を上げたJP市場を上回りました。価格変動Is 3997's price volatile compared to industry and market?3997 volatility3997 Average Weekly Movement11.3%Software Industry Average Movement6.1%Market Average Movement5.0%10% most volatile stocks in JP Market9.6%10% least volatile stocks in JP Market2.5%安定した株価: 3997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: 3997の weekly volatility ( 11% ) 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1999270Masakatsu Saitowww.tworks.co.jp株式会社トレードワークスは、システム開発、クラウドサービス提供、システム保守・運用サービスを手掛ける。株式、デリバティブ、FX、クレジットカード、投信、債券、暗号資産などの商品とPC・スマートフォンに対応した証券会社のインターネット顧客向け取引システム「トレードエージェント」、不正な価格形成やインサイダー取引など金融商品に特化した不正取引を監視する「取引監視システム」、リアルタイムに監視する「定点監視」などの金融ソリューションを提供している。また、ECプラットフォーム、API接続による組込み開発、XR技術を活用したコンテンツ開発からなるデジタルコマースソリューション、ブロックチェーンを活用したデジタル広告などのデジタルソリューション、アバターを活用した双方向コミュニケーションに利用されるメタバースプラットフォーム「MetaVillage」を提供している。また、FX事業者向けシステムの開発・保守・運用や製品導入後の保守・運用サービス、投資家向けオンライン外国為替証拠金取引システム「Trading Studio」を提供する外国為替証拠金取引システム事業も行っている。さらに、サーバーやネットワークの設計・構築サービス、システムサービス、ソフトウェアの受託開発・コンシェルジュサービスなども提供している。また、投資助言、セキュリティサービスも提供している。株式会社トレードワークスは1999年に設立され、東京に本社を置く。もっと見るTRADE WORKS Co., Ltd 基礎のまとめTRADE WORKS の収益と売上を時価総額と比較するとどうか。3997 基礎統計学時価総額JP¥12.04b収益（TTM）JP¥172.00m売上高(TTM)JP¥5.40b71.0xPER（株価収益率2.3xP/Sレシオ3997 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3997 損益計算書（TTM）収益JP¥5.40b売上原価JP¥3.99b売上総利益JP¥1.41bその他の費用JP¥1.24b収益JP¥172.00m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）4.20グロス・マージン26.10%純利益率3.18%有利子負債／自己資本比率20.1%3997 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0.7%現在の配当利回り104%配当性向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2026/05/21 15:46終値2026/05/21 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TRADE WORKS 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。1 アナリスト機関Atsushi OhmachiThe Stock Research Center
Valuation Update With 7 Day Price Move • May 15Investor sentiment deteriorates as stock falls 28%After last week's 28% share price decline to JP¥306, the stock trades at a trailing P/E ratio of 72.9x. Average trailing P/E is 17x in the Software industry in Japan. Total returns to shareholders of 266% over the past three years.
Reported Earnings • May 09First quarter 2026 earnings released: EPS: JP¥0.48 (vs JP¥2.70 loss in 1Q 2025)First quarter 2026 results: EPS: JP¥0.48 (up from JP¥2.70 loss in 1Q 2025). Revenue: JP¥1.24b (up 39% from 1Q 2025). Net income: JP¥19.0m (up JP¥116.0m from 1Q 2025). Profit margin: 1.5% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 66% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 08TRADE WORKS Co., Ltd to Report Q1, 2026 Results on May 08, 2026TRADE WORKS Co., Ltd announced that they will report Q1, 2026 results on May 08, 2026
お知らせ • Apr 18TRADE WORKS Co., Ltd (TSE:3997) announces an Equity Buyback for 80,000 shares, representing 0.19% for ¥31.12 million.TRADE WORKS Co., Ltd (TSE:3997) announces a share repurchase program. Under the program, the company will repurchase up to 80,000 shares, representing 0.19% of its issued share capital (excluding treasury stock), for a total purchase price of ¥31.12 million. The shares will be repurchased at a price of ¥389 per share. The purpose of the program is to improve capital efficiency and implement agile capital policies in response to changes in the business environment. As of March 3, 2026, the company has 41,029,250 issued shares (excluding treasury stock) and 12,750 treasury shares.
Reported Earnings • Apr 04Full year 2025 earnings released: EPS: JP¥1.46 (vs JP¥4.48 loss in FY 2024)Full year 2025 results: EPS: JP¥1.46 (up from JP¥4.48 loss in FY 2024). Revenue: JP¥5.05b (up 10.0% from FY 2024). Net income: JP¥56.0m (up JP¥207.0m from FY 2024). Profit margin: 1.1% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 55% per year, which means it is well ahead of earnings.
New Risk • Mar 23New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.5b (US$97.6m) 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: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (JP¥15.5b market cap, or US$97.6m).
Valuation Update With 7 Day Price Move • May 15Investor sentiment deteriorates as stock falls 28%After last week's 28% share price decline to JP¥306, the stock trades at a trailing P/E ratio of 72.9x. Average trailing P/E is 17x in the Software industry in Japan. Total returns to shareholders of 266% over the past three years.
Reported Earnings • May 09First quarter 2026 earnings released: EPS: JP¥0.48 (vs JP¥2.70 loss in 1Q 2025)First quarter 2026 results: EPS: JP¥0.48 (up from JP¥2.70 loss in 1Q 2025). Revenue: JP¥1.24b (up 39% from 1Q 2025). Net income: JP¥19.0m (up JP¥116.0m from 1Q 2025). Profit margin: 1.5% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 66% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 08TRADE WORKS Co., Ltd to Report Q1, 2026 Results on May 08, 2026TRADE WORKS Co., Ltd announced that they will report Q1, 2026 results on May 08, 2026
お知らせ • Apr 18TRADE WORKS Co., Ltd (TSE:3997) announces an Equity Buyback for 80,000 shares, representing 0.19% for ¥31.12 million.TRADE WORKS Co., Ltd (TSE:3997) announces a share repurchase program. Under the program, the company will repurchase up to 80,000 shares, representing 0.19% of its issued share capital (excluding treasury stock), for a total purchase price of ¥31.12 million. The shares will be repurchased at a price of ¥389 per share. The purpose of the program is to improve capital efficiency and implement agile capital policies in response to changes in the business environment. As of March 3, 2026, the company has 41,029,250 issued shares (excluding treasury stock) and 12,750 treasury shares.
Reported Earnings • Apr 04Full year 2025 earnings released: EPS: JP¥1.46 (vs JP¥4.48 loss in FY 2024)Full year 2025 results: EPS: JP¥1.46 (up from JP¥4.48 loss in FY 2024). Revenue: JP¥5.05b (up 10.0% from FY 2024). Net income: JP¥56.0m (up JP¥207.0m from FY 2024). Profit margin: 1.1% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 55% per year, which means it is well ahead of earnings.
New Risk • Mar 23New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.5b (US$97.6m) 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: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (JP¥15.5b market cap, or US$97.6m).
お知らせ • Mar 03TRADE WORKS Co., Ltd announced that it has received ¥858 million in funding from Tokai Tokyo Financial Holdings, Inc.On March 3, 2026, TRADE WORKS Co., Ltd closed the transaction. The company issued 2,000,000 common shares at an issue price of ¥429 per share for gross of ¥858,000,000. The transaction will happen through third party allocation.
Reported Earnings • Feb 14Full year 2025 earnings released: EPS: JP¥1.46 (vs JP¥4.48 loss in FY 2024)Full year 2025 results: EPS: JP¥1.46 (up from JP¥4.48 loss in FY 2024). Revenue: JP¥5.05b (up 10.0% from FY 2024). Net income: JP¥56.0m (up JP¥207.0m from FY 2024). Profit margin: 1.1% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 78% per year, which means it is well ahead of earnings.
お知らせ • Feb 12+ 1 more updateTRADE WORKS Co., Ltd, Annual General Meeting, Mar 27, 2026TRADE WORKS Co., Ltd, Annual General Meeting, Mar 27, 2026.
お知らせ • Dec 31TRADE WORKS Co., Ltd to Report Fiscal Year 2025 Results on Feb 12, 2026TRADE WORKS Co., Ltd announced that they will report fiscal year 2025 results on Feb 12, 2026
Upcoming Dividend • Dec 22Upcoming dividend of JP¥2.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 31 March 2026. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.7%).
Reported Earnings • Nov 09Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: JP¥1.49b (up 21% from 3Q 2024). Net income: JP¥122.0m (up 388% from 3Q 2024). Profit margin: 8.2% (up from 2.0% in 3Q 2024). The increase in margin was driven by higher revenue.
New Risk • Sep 28New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 5.5% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-JP¥680m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (JP¥14.1b market cap, or US$94.2m).
お知らせ • Sep 27TRADE WORKS Co., Ltd to Report Q3, 2025 Results on Nov 07, 2025TRADE WORKS Co., Ltd announced that they will report Q3, 2025 results on Nov 07, 2025
New Risk • Aug 14New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -JP¥680m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-JP¥680m free cash flow). Share price has been highly volatile over the past 3 months (10.0% average weekly change). Minor Risks Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (JP¥8.66b market cap, or US$59.1m).
Reported Earnings • Aug 10Second quarter 2025 earnings released: EPS: JP¥7.17 (vs JP¥26.95 loss in 2Q 2024)Second quarter 2025 results: EPS: JP¥7.17 (up from JP¥26.95 loss in 2Q 2024). Revenue: JP¥1.16b (up 32% from 2Q 2024). Net income: JP¥28.0m (up JP¥117.0m from 2Q 2024). Profit margin: 2.4% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue.
お知らせ • Jun 20TRADE WORKS Co., Ltd to Report Q2, 2025 Results on Aug 08, 2025TRADE WORKS Co., Ltd announced that they will report Q2, 2025 results on Aug 08, 2025
お知らせ • May 26TRADE WORKS Co., Ltd (TSE:3997) agreed to acquire MINKABU Web3 Wallet Inc. from MINKABU SOLUTION SERVICES , Inc. and THXLab Co., Ltd. for ¥37 million.TRADE WORKS Co., Ltd (TSE:3997) agreed to acquire MINKABU Web3 Wallet Inc. from MINKABU SOLUTION SERVICES , Inc. and THXLab Co., Ltd. for ¥37 million on May 26, 2025. The expected completion of the transaction is June 2, 2025.
Reported Earnings • May 14First quarter 2025 earnings released: JP¥27.04 loss per share (vs JP¥31.81 loss in 1Q 2024)First quarter 2025 results: JP¥27.04 loss per share (improved from JP¥31.81 loss in 1Q 2024). Revenue: JP¥893.0m (down 16% from 1Q 2024). Net loss: JP¥97.0m (loss narrowed 7.6% from 1Q 2024).
Reported Earnings • Apr 05Full year 2024 earnings released: JP¥44.83 loss per share (vs JP¥16.12 loss in FY 2023)Full year 2024 results: JP¥44.83 loss per share (further deteriorated from JP¥16.12 loss in FY 2023). Revenue: JP¥4.59b (up 22% from FY 2023). Net loss: JP¥151.0m (loss widened 185% from FY 2023).
お知らせ • Apr 01TRADE WORKS Co., Ltd (TSE:3997) completed the acquisition of Minkabu Asset Partners, Inc. from MINKABU SOLUTION SERVICES , Inc.TRADE WORKS Co., Ltd (TSE:3997) agreed to acquire Minkabu Asset Partners, Inc. from MINKABU SOLUTION SERVICES , Inc. for ¥100 million on February 14, 2025. A cash consideration of ¥100 million will be paid by TRADE WORKS Co., Ltd. As part of consideration, ¥100 million is paid towards common equity of Minkabu Asset Partners, Inc. For the period ending March 31, 2024, Minkabu Asset Partners, Inc. reported total revenue of ¥3 million, operating loss of ¥55 million and net loss of ¥56 million. As of March 31, 2024, Minkabu Asset Partners, Inc. reported total assets of ¥99 million and net liabilities of ¥12 million. The expected completion of the transaction is March 31, 2025. TRADE WORKS Co., Ltd (TSE:3997) completed the acquisition of Minkabu Asset Partners, Inc. from MINKABU SOLUTION SERVICES , Inc. on March 31, 2025.
お知らせ • Mar 26TRADE WORKS Co., Ltd to Report Q1, 2025 Results on May 12, 2025TRADE WORKS Co., Ltd announced that they will report Q1, 2025 results on May 12, 2025
お知らせ • Mar 24TRADE WORKS Co., Ltd (TSE:3997) signed a letter of intent to acquire an unknown minority stake in CXR Engineering IncTRADE WORKS Co., Ltd (TSE:3997) signed a letter of intent to acquire an unknown minority stake in CXR Engineering Inc. on March 24, 2025. For the period ending December 31, 2024, CXR Engineering Inc. reported total revenue of ¥576.09 million, EBIT of ¥1.75 million and net income of ¥0.38 million. As of December 31, 2024, CXR Engineering Inc. reported total assets of ¥577.89 million and total common equity of ¥334.54 million. The expected completion of the transaction is April 1, 2025.
New Risk • Mar 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 18% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.8% average weekly change). Minor Risks Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (JP¥5.04b market cap, or US$34.1m).
お知らせ • Mar 05TRADE WORKS Co., Ltd announced that it has received ¥539.448 million in funding from SBI Holdings, Inc., Matsui Securities Co., Ltd., IwaiCosmo Securities Co., Ltd.On March 4, 2025, TRADE WORKS Co., Ltd closed the transaction.
New Risk • Feb 17New 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 7.6% 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 (7.6% average weekly change). Minor Risk Market cap is less than US$100m (JP¥5.42b market cap, or US$35.8m).
Buy Or Sell Opportunity • Feb 17Now 37% overvalued after recent price riseOver the last 90 days, the stock has risen 34% to JP¥1,579. The fair value is estimated to be JP¥1,148, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last year. Meanwhile, the company became loss making.
Reported Earnings • Feb 16Full year 2024 earnings released: JP¥44.83 loss per share (vs JP¥16.12 loss in FY 2023)Full year 2024 results: JP¥44.83 loss per share (further deteriorated from JP¥16.12 loss in FY 2023). Revenue: JP¥4.59b (up 22% from FY 2023). Net loss: JP¥151.0m (loss widened 185% from FY 2023).
お知らせ • Feb 14TRADE WORKS Co., Ltd, Annual General Meeting, Mar 28, 2025TRADE WORKS Co., Ltd, Annual General Meeting, Mar 28, 2025.
New Risk • Jan 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Shareholders have been diluted in the past year (4.4% increase in shares outstanding). Market cap is less than US$100m (JP¥4.57b market cap, or US$29.0m).
お知らせ • Dec 21TRADE WORKS Co., Ltd to Report Fiscal Year 2024 Results on Feb 14, 2025TRADE WORKS Co., Ltd announced that they will report fiscal year 2024 results on Feb 14, 2025
Upcoming Dividend • Dec 20Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 31 March 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.3%).
お知らせ • Sep 21TRADE WORKS Co., Ltd to Report Q3, 2024 Results on Nov 14, 2024TRADE WORKS Co., Ltd announced that they will report Q3, 2024 results on Nov 14, 2024
New Risk • Sep 18New 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 11% 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 Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Market cap is less than US$100m (JP¥3.14b market cap, or US$22.2m).
Reported Earnings • Aug 14Second quarter 2024 earnings released: JP¥26.95 loss per share (vs JP¥18.30 loss in 2Q 2023)Second quarter 2024 results: JP¥26.95 loss per share (further deteriorated from JP¥18.30 loss in 2Q 2023). Revenue: JP¥873.0m (up 44% from 2Q 2023). Net loss: JP¥89.0m (loss widened 48% from 2Q 2023).
お知らせ • Jun 29MINKABU SOLUTION SERVICES , Inc. agreed to acquire an unknown minority stake in TRADE WORKS Co., Ltd (TSE:3997).MINKABU SOLUTION SERVICES , Inc. agreed to acquire an unknown minority stake in TRADE WORKS Co., Ltd (TSE:3997) on May 10, 2024.The transaction is subject to approval of offer by shareholders of MINKABU SOLUTION SERVICES.
お知らせ • Jun 20TRADE WORKS Co., Ltd to Report Q2, 2024 Results on Aug 09, 2024TRADE WORKS Co., Ltd announced that they will report Q2, 2024 results on Aug 09, 2024
New Risk • Jun 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Market cap is less than US$100m (JP¥3.18b market cap, or US$20.1m).
Reported Earnings • May 13First quarter 2024 earnings released: JP¥31.81 loss per share (vs JP¥13.45 profit in 1Q 2023)First quarter 2024 results: JP¥31.81 loss per share (down from JP¥13.45 profit in 1Q 2023). Revenue: JP¥1.07b (up 6.8% from 1Q 2023). Net loss: JP¥105.0m (down 339% from profit in 1Q 2023).
お知らせ • Mar 23TRADE WORKS Co., Ltd to Report Q1, 2024 Results on May 10, 2024TRADE WORKS Co., Ltd announced that they will report Q1, 2024 results on May 10, 2024
お知らせ • Feb 16TRADE WORKS Co., Ltd, Annual General Meeting, Mar 28, 2024TRADE WORKS Co., Ltd, Annual General Meeting, Mar 28, 2024.
Reported Earnings • Feb 15Full year 2023 earnings released: JP¥16.12 loss per share (vs JP¥58.78 profit in FY 2022)Full year 2023 results: JP¥16.12 loss per share (down from JP¥58.78 profit in FY 2022). Revenue: JP¥3.75b (up 15% from FY 2022). Net loss: JP¥53.0m (down 126% from profit in FY 2022).
Upcoming Dividend • Dec 21Upcoming dividend of JP¥15.00 per share at 1.6% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 30 March 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (1.5%).
お知らせ • Dec 09TRADE WORKS Co., Ltd to Report Fiscal Year 2023 Results on Feb 13, 2024TRADE WORKS Co., Ltd announced that they will report fiscal year 2023 results on Feb 13, 2024
Reported Earnings • Nov 12Third quarter 2023 earnings released: JP¥23.03 loss per share (vs JP¥0.60 loss in 3Q 2022)Third quarter 2023 results: JP¥23.03 loss per share (further deteriorated from JP¥0.60 loss in 3Q 2022). Revenue: JP¥969.0m (up 37% from 3Q 2022). Net loss: JP¥76.0m (loss widened JP¥74.0m from 3Q 2022).
New Risk • Oct 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.4% 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: Major Risk Revenue has declined by 1.0% over the past year. Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (JP¥2.83b market cap, or US$18.9m).
お知らせ • Sep 24TRADE WORKS Co., Ltd to Report Q3, 2023 Results on Nov 10, 2023TRADE WORKS Co., Ltd announced that they will report Q3, 2023 results on Nov 10, 2023
New Risk • Aug 14New major risk - Revenue and earnings growthRevenue has declined by 1.0% 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 1.0% over the past year. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (JP¥2.97b market cap, or US$20.5m).
Reported Earnings • Aug 14Second quarter 2023 earnings released: JP¥18.30 loss per share (vs JP¥0.60 loss in 2Q 2022)Second quarter 2023 results: JP¥18.30 loss per share (further deteriorated from JP¥0.60 loss in 2Q 2022). Revenue: JP¥608.0m (down 14% from 2Q 2022). Net loss: JP¥60.0m (loss widened JP¥58.0m from 2Q 2022).
お知らせ • Jun 14TRADE WORKS Co., Ltd to Report Q2, 2023 Results on Aug 10, 2023TRADE WORKS Co., Ltd announced that they will report Q2, 2023 results on Aug 10, 2023
Valuation Update With 7 Day Price Move • Mar 31Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥1,072, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 23x in the Software industry in Japan. Total returns to shareholders of 136% over the past three years.
お知らせ • Feb 12TRADE WORKS Co., Ltd, Annual General Meeting, Mar 29, 2023TRADE WORKS Co., Ltd, Annual General Meeting, Mar 29, 2023.
お知らせ • Dec 17TRADE WORKS Co., Ltd to Report Fiscal Year 2022 Results on Feb 10, 2023TRADE WORKS Co., Ltd announced that they will report fiscal year 2022 results on Feb 10, 2023
お知らせ • Sep 17TRADE WORKS Co., Ltd to Report Q3, 2022 Results on Nov 04, 2022TRADE WORKS Co., Ltd announced that they will report Q3, 2022 results on Nov 04, 2022
お知らせ • Sep 16TRADE WORKS Co., Ltd (TSE:3997) announces an Equity Buyback for 180,000 shares, representing 5.23% for ¥200 million.TRADE WORKS Co., Ltd (TSE:3997) announces a share repurchase program. Under the program, the company will repurchase 180,000 shares, representing 5.23% of the outstanding shares for ¥200 million. The purpose of the program is to enhance shareholder returns, improve capital efficiency, and implement a flexible capital policy that responds to changes in the business environment. The program will run until December 28, 2022. As of August 31, 2022, the company had 3,441,074 shares outstanding (excluding treasury stock) and 226 shares in treasury.
お知らせ • Jun 19TRADE WORKS Co., Ltd to Report Q2, 2022 Results on Aug 10, 2022TRADE WORKS Co., Ltd announced that they will report Q2, 2022 results on Aug 10, 2022
お知らせ • Apr 08TRADE WORKS Co., Ltd to Report Q1, 2022 Results on May 06, 2022TRADE WORKS Co., Ltd announced that they will report Q1, 2022 results on May 06, 2022
お知らせ • Feb 12TRADE WORKS Co., Ltd, Annual General Meeting, Mar 30, 2022TRADE WORKS Co., Ltd, Annual General Meeting, Mar 30, 2022.
Upcoming Dividend • Dec 22Inaugural dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 29 March 2022. The company is not currently making a profit and is not cash flow positive. This is the first dividend for TRADE WORKS since going public. The average dividend yield among industry peers is 1.5%.
お知らせ • Mar 14TRADE WORKS Co., Ltd to Report Q1, 2021 Results on Apr 30, 2021TRADE WORKS Co., Ltd announced that they will report Q1, 2021 results on Apr 30, 2021
Is New 90 Day High Low • Feb 18New 90-day high: JP¥1,005The company is up 19% from its price of JP¥848 on 20 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 6.0% over the same period.
お知らせ • Dec 19TRADE WORKS Co., Ltd to Report Fiscal Year 2020 Results on Feb 12, 2021TRADE WORKS Co., Ltd announced that they will report fiscal year 2020 results on Feb 12, 2021
Is New 90 Day High Low • Oct 02New 90-day high: JP¥1,019The company is up 38% from its price of JP¥740 on 03 July 2020. The Japanese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 8.0% over the same period.
お知らせ • Sep 19TRADE WORKS Co., Ltd to Report Q3, 2020 Results on Nov 06, 2020TRADE WORKS Co., Ltd announced that they will report Q3, 2020 results on Nov 06, 2020
お知らせ • Jun 29TRADE WORKS Co., Ltd to Report Q2, 2020 Results on Aug 13, 2020TRADE WORKS Co., Ltd announced that they will report Q2, 2020 results on Aug 13, 2020
