View Future GrowthHeadwatersLtd 過去の業績過去 基準チェック /06HeadwatersLtdは、平均年間12.1%の収益成長を遂げていますが、 IT業界の収益は、年間 成長しています。収益は、平均年間12.7% 25.1%収益成長率で 成長しています。 HeadwatersLtdの自己資本利益率は5.5%であり、純利益率は1.5%です。主要情報12.06%収益成長率11.51%EPS成長率IT 業界の成長14.26%収益成長率25.07%株主資本利益率5.55%ネット・マージン1.46%前回の決算情報31 Dec 2025最近の業績更新Reported Earnings • Feb 16Full year 2025 earnings released: EPS: JP¥15.23 (vs JP¥71.81 in FY 2024)Full year 2025 results: EPS: JP¥15.23 (down from JP¥71.81 in FY 2024). Revenue: JP¥3.90b (up 34% from FY 2024). Net income: JP¥58.0m (down 79% from FY 2024). Profit margin: 1.5% (down from 9.4% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Dec 03Headwaters Co.,Ltd to Report Fiscal Year 2025 Results on Feb 13, 2026Headwaters Co.,Ltd announced that they will report fiscal year 2025 results on Feb 13, 2026Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: JP¥25.50 (vs JP¥11.85 in 3Q 2024)Third quarter 2025 results: EPS: JP¥25.50 (up from JP¥11.85 in 3Q 2024). Revenue: JP¥1.07b (up 41% from 3Q 2024). Net income: JP¥97.0m (up 116% from 3Q 2024). Profit margin: 9.1% (up from 6.0% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Sep 02Headwaters Co.,Ltd to Report Q3, 2025 Results on Nov 14, 2025Headwaters Co.,Ltd announced that they will report Q3, 2025 results on Nov 14, 2025Reported Earnings • Aug 16Second quarter 2025 earnings released: JP¥8.26 loss per share (vs JP¥2.90 profit in 2Q 2024)Second quarter 2025 results: JP¥8.26 loss per share (down from JP¥2.90 profit in 2Q 2024). Revenue: JP¥897.8m (up 44% from 2Q 2024). Net loss: JP¥31.4m (down 385% from profit in 2Q 2024).お知らせ • Jun 03Headwaters Co.,Ltd to Report Q2, 2025 Results on Aug 14, 2025Headwaters Co.,Ltd announced that they will report Q2, 2025 results on Aug 14, 2025すべての更新を表示Recent updatesNew Risk • Apr 03New 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: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (JP¥8.71b market cap, or US$54.6m).Reported Earnings • Feb 16Full year 2025 earnings released: EPS: JP¥15.23 (vs JP¥71.81 in FY 2024)Full year 2025 results: EPS: JP¥15.23 (down from JP¥71.81 in FY 2024). Revenue: JP¥3.90b (up 34% from FY 2024). Net income: JP¥58.0m (down 79% from FY 2024). Profit margin: 1.5% (down from 9.4% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 13Headwaters Co.,Ltd, Annual General Meeting, Mar 27, 2026Headwaters Co.,Ltd, Annual General Meeting, Mar 27, 2026.New Risk • Jan 27New 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 8.0% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (8.0% average weekly change). Minor Risk Market cap is less than US$100m (JP¥10.9b market cap, or US$70.8m).お知らせ • Jan 27Headwaters Co.,Ltd (TSE:4011) entered into a merger agreement to acquire remaining 73.87% stake in BBD Initiative Inc. (TSE:5259) for ¥7.9 billion.Headwaters Co.,Ltd (TSE:4011) entered into a merger agreement to acquire remaining 73.87% stake in BBD Initiative Inc. (TSE:5259) for ¥7.9 billion on January 26, 2026. The consideration consists of 2.26 million common equity of Headwaters Co.,Ltd to be issued for common equity of BBD Initiative Inc. As part of consideration, 0.50 Headwaters shares will be allocated and delivered for each BBD Initiative share. Upon completion, Headwaters Co.,Ltd will own 100% stake in BBD Initiative Inc. The transaction is subject to approval of offer by acquirer shareholders and approval of offer by target shareholders. The expected completion of the transaction is May 1, 2026.Valuation Update With 7 Day Price Move • Jan 27Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥2,817, the stock trades at a trailing P/E ratio of 63x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 191% over the past three years.分析記事 • Jan 19Headwaters Co.,Ltd (TSE:4011) Stocks Shoot Up 29% But Its P/E Still Looks ReasonableHeadwaters Co.,Ltd ( TSE:4011 ) shareholders are no doubt pleased to see that the share price has bounced 29% in the...分析記事 • Jan 08With EPS Growth And More, HeadwatersLtd (TSE:4011) Makes An Interesting CaseIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...お知らせ • Dec 03Headwaters Co.,Ltd to Report Fiscal Year 2025 Results on Feb 13, 2026Headwaters Co.,Ltd announced that they will report fiscal year 2025 results on Feb 13, 2026Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: JP¥25.50 (vs JP¥11.85 in 3Q 2024)Third quarter 2025 results: EPS: JP¥25.50 (up from JP¥11.85 in 3Q 2024). Revenue: JP¥1.07b (up 41% from 3Q 2024). Net income: JP¥97.0m (up 116% from 3Q 2024). Profit margin: 9.1% (up from 6.0% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Sep 02Headwaters Co.,Ltd to Report Q3, 2025 Results on Nov 14, 2025Headwaters Co.,Ltd announced that they will report Q3, 2025 results on Nov 14, 2025お知らせ • Aug 28Headwaters Co.,Ltd (TSE:4011) completed the acquisition of to acquire 26.1% stake in BBD Initiative Inc. (TSE:5259) from Tatsuro Kiyohara.Headwaters Co.,Ltd (TSE:4011) entered into agreement to acquire 26.1% stake in BBD Initiative Inc. (TSE:5259) from Tatsuro Kiyohara on August 14, 2025. The expected completion of the transaction is August 29, 2025. Headwaters Co.,Ltd (TSE:4011) completed the acquisition of to acquire 26.1% stake in BBD Initiative Inc. (TSE:5259) from Tatsuro Kiyohara August 27, 2025.Reported Earnings • Aug 16Second quarter 2025 earnings released: JP¥8.26 loss per share (vs JP¥2.90 profit in 2Q 2024)Second quarter 2025 results: JP¥8.26 loss per share (down from JP¥2.90 profit in 2Q 2024). Revenue: JP¥897.8m (up 44% from 2Q 2024). Net loss: JP¥31.4m (down 385% from profit in 2Q 2024).お知らせ • Aug 14Headwaters Co.,Ltd (TSE:4011) entered into agreement to acquire 26.12% stake in BBD Initiative Inc. (TSE:5259) from Tatsuro Kiyohara.Headwaters Co.,Ltd (TSE:4011) entered into agreement to acquire 26.12% stake in BBD Initiative Inc. (TSE:5259) from Tatsuro Kiyohara on August 14, 2025. The expected completion of the transaction is August 29, 2025.分析記事 • Jun 25Should You Be Adding HeadwatersLtd (TSE:4011) To Your Watchlist Today?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...お知らせ • Jun 03Headwaters Co.,Ltd to Report Q2, 2025 Results on Aug 14, 2025Headwaters Co.,Ltd announced that they will report Q2, 2025 results on Aug 14, 2025Reported Earnings • May 21First quarter 2025 earnings released: JP¥5.27 loss per share (vs JP¥23.65 profit in 1Q 2024)First quarter 2025 results: JP¥5.27 loss per share (down from JP¥23.65 profit in 1Q 2024). Revenue: JP¥739.0m (up 4.4% from 1Q 2024). Net loss: JP¥20.0m (down 123% from profit in 1Q 2024).Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥3,405, the stock trades at a trailing P/E ratio of 47.5x. Average trailing P/E is 16x in the IT industry in Japan. Total returns to shareholders of 257% over the past three years.New Risk • Mar 12New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.7b (US$98.9m) 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 High level of non-cash earnings (63% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (JP¥14.7b market cap, or US$98.9m).お知らせ • Mar 07Headwaters Co.,Ltd Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2025Headwaters Co.,Ltd provided consolidated earnings guidance for the fiscal year ending December 31, 2025. For the period, the company expects net sales of JPY 4,007 million, operating profit of JPY 328 million, profit attributable to owners of parent of JPY 237 million and basic earnings per share of JPY 62.57.お知らせ • Mar 01Headwaters Co.,Ltd to Report Q1, 2025 Results on May 15, 2025Headwaters Co.,Ltd announced that they will report Q1, 2025 results on May 15, 2025分析記事 • Feb 21Statutory Earnings May Not Be The Best Way To Understand HeadwatersLtd's (TSE:4011) True PositionEven though Headwaters Co.,Ltd ( TSE:4011 ) posted strong earnings recently, the stock hasn't reacted in a large way...Reported Earnings • Feb 16Full year 2024 earnings released: EPS: JP¥144 (vs JP¥18.67 in FY 2023)Full year 2024 results: EPS: JP¥144 (up from JP¥18.67 in FY 2023). Revenue: JP¥2.91b (up 26% from FY 2023). Net income: JP¥272.0m (up 289% from FY 2023). Profit margin: 9.4% (up from 3.0% in FY 2023). The increase in margin was driven by higher revenue.お知らせ • Feb 14Headwaters Co.,Ltd, Annual General Meeting, Mar 28, 2025Headwaters Co.,Ltd, Annual General Meeting, Mar 28, 2025.お知らせ • Jan 03Headwaters Co.,Ltd to Report Fiscal Year 2024 Results on Feb 14, 2025Headwaters Co.,Ltd announced that they will report fiscal year 2024 results on Feb 14, 2025分析記事 • Jan 03Is Now The Time To Put HeadwatersLtd (TSE:4011) On Your Watchlist?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...お知らせ • Dec 03Headwaters Co.,Ltd Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2024Headwaters Co.,Ltd provided consolidated earnings guidance for the fiscal year ending December 31, 2024. For the period, the company expects net sales of JPY 2,928 million, operating profit of JPY 293 million, profit attributable to owners of parent of JPY 206 million and basic earnings per share of JPY 108.83.New Risk • Nov 29New 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 8.4% 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 (8.4% average weekly change). Minor Risk Less than 3 years of financial data is available.お知らせ • Aug 30Headwaters Co.,Ltd Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2024Headwaters Co.,Ltd provided consolidated earnings guidance for the fiscal year ending December 31, 2024. For the period, the company expects net sales of JPY 2,928 million, operating profit of JPY 226 million, profit attributable to owners of parent of JPY 156 million and basic earnings per share of JPY 82.78.お知らせ • Aug 28Headwaters Co.,Ltd to Report Q3, 2024 Results on Nov 14, 2024Headwaters Co.,Ltd announced that they will report Q3, 2024 results on Nov 14, 2024Reported Earnings • Aug 19Second quarter 2024 earnings released: EPS: JP¥5.80 (vs JP¥5.34 loss in 2Q 2023)Second quarter 2024 results: EPS: JP¥5.80 (up from JP¥5.34 loss in 2Q 2023). Revenue: JP¥624.0m (up 12% from 2Q 2023). Net income: JP¥11.0m (up JP¥21.0m from 2Q 2023). Profit margin: 1.8% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue.お知らせ • Jun 08Headwaters Co.,Ltd to Report Q2, 2024 Results on Aug 14, 2024Headwaters Co.,Ltd announced that they will report Q2, 2024 results on Aug 14, 2024お知らせ • May 31Headwaters Co.,Ltd Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2024Headwaters Co.,Ltd provided consolidated earnings guidance for the fiscal year ending December 31, 2024. For the period, the company expects net sales of JPY 2,928 million, operating profit of JPY 226 million, profit attributable to owners of parent of JPY 156 million and basic earnings per share of JPY 82.62.Reported Earnings • May 19First quarter 2024 earnings released: EPS: JP¥47.31 (vs JP¥21.36 in 1Q 2023)First quarter 2024 results: EPS: JP¥47.31 (up from JP¥21.36 in 1Q 2023). Revenue: JP¥708.0m (up 17% from 1Q 2023). Net income: JP¥89.0m (up 123% from 1Q 2023). Profit margin: 13% (up from 6.6% in 1Q 2023). The increase in margin was driven by higher revenue.お知らせ • Mar 01Headwaters Co.,Ltd Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2024Headwaters Co.,Ltd provided consolidated earnings guidance for the fiscal year ending December 31, 2024. For the period, the company expects net sales of JPY 2,928 million, operating profit of JPY 226 million, profit attributable to owners of parent of JPY 156 million and basic earnings per share of JPY 83.34.お知らせ • Feb 29Headwaters Co.,Ltd to Report Q1, 2024 Results on May 15, 2024Headwaters Co.,Ltd announced that they will report Q1, 2024 results on May 15, 2024Reported Earnings • Feb 20Full year 2023 earnings released: EPS: JP¥37.34 (vs JP¥40.06 in FY 2022)Full year 2023 results: EPS: JP¥37.34 (down from JP¥40.06 in FY 2022). Revenue: JP¥2.32b (up 47% from FY 2022). Net income: JP¥70.0m (down 6.7% from FY 2022). Profit margin: 3.0% (down from 4.8% in FY 2022). The decrease in margin was driven by higher expenses.お知らせ • Feb 16Headwaters Co.,Ltd, Annual General Meeting, Mar 29, 2024Headwaters Co.,Ltd, Annual General Meeting, Mar 29, 2024.お知らせ • Dec 05Headwaters Co.,Ltd to Report Fiscal Year 2023 Results on Feb 14, 2024Headwaters Co.,Ltd announced that they will report fiscal year 2023 results on Feb 14, 2024Reported Earnings • Nov 16Third quarter 2023 earnings released: EPS: JP¥12.26 (vs JP¥34.18 in 3Q 2022)Third quarter 2023 results: EPS: JP¥12.26 (down from JP¥34.18 in 3Q 2022). Revenue: JP¥628.0m (up 24% from 3Q 2022). Net income: JP¥23.0m (down 64% from 3Q 2022). Profit margin: 3.7% (down from 13% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the IT industry in Japan.お知らせ • Sep 28Headwaters Co.,Ltd to Report Q3, 2023 Results on Nov 14, 2023Headwaters Co.,Ltd announced that they will report Q3, 2023 results on Nov 14, 2023New Risk • Aug 17New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥12.5b (US$85.6m) 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 (16% average weekly change). Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (JP¥12.5b market cap, or US$85.6m).Reported Earnings • Aug 16Second quarter 2023 earnings released: JP¥40,323 loss per share (vs JP¥34.18 profit in 2Q 2022)Second quarter 2023 results: JP¥40,323 loss per share (down from JP¥34.18 profit in 2Q 2022). Revenue: JP¥555.0m (up 9.5% from 2Q 2022). Net loss: JP¥10.0m (down 116% from profit in 2Q 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the IT industry in Japan.お知らせ • May 31Headwaters Co.,Ltd to Report Q2, 2023 Results on Aug 14, 2023Headwaters Co.,Ltd announced that they will report Q2, 2023 results on Aug 14, 2023お知らせ • Dec 06Headwaters Co.,Ltd to Report Fiscal Year 2022 Results on Feb 14, 2023Headwaters Co.,Ltd announced that they will report fiscal year 2022 results on Feb 14, 2023Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. International Business Promotion Division Manager and Director Naoki Ishizawa was the last director to join the board, commencing their role in 2015. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Aug 31Headwaters Co.,Ltd to Report Q3, 2022 Results on Nov 14, 2022Headwaters Co.,Ltd announced that they will report Q3, 2022 results on Nov 14, 2022お知らせ • Jun 01Headwaters Co.,Ltd to Report Q2, 2022 Results on Aug 12, 2022Headwaters Co.,Ltd announced that they will report Q2, 2022 results on Aug 12, 2022Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. No independent directors (4 non-independent directors). International Business Promotion Division Manager and Director Naoki Ishizawa was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.お知らせ • Apr 08Headwaters Co.,Ltd to Report Q1, 2022 Results on May 13, 2022Headwaters Co.,Ltd announced that they will report Q1, 2022 results on May 13, 2022Reported Earnings • Feb 20Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥29.10 (down from JP¥180 in FY 2020). Revenue: JP¥1.17b (up 1.6% from FY 2020). Net income: JP¥27.0m (down 82% from FY 2020). Profit margin: 2.3% (down from 13% in FY 2020). Revenue was in line with analyst estimates.お知らせ • Feb 17Headwaters Co.,Ltd, Annual General Meeting, Mar 29, 2022Headwaters Co.,Ltd, Annual General Meeting, Mar 29, 2022.Buying Opportunity • Feb 08Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 46%. The fair value is estimated to be JP¥4,313, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.4% per annum over the last 3 years. Earnings per share has been flat over the last 3 years.Buying Opportunity • Jan 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 54%. The fair value is estimated to be JP¥4,290, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.4% per annum over the last 3 years. Earnings per share has been flat over the last 3 years.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS JP¥16.15 (vs JP¥27.08 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥296.0m (up 12% from 3Q 2020). Net income: JP¥15.0m (down 40% from 3Q 2020). Profit margin: 5.1% (down from 9.5% in 3Q 2020).Valuation Update With 7 Day Price Move • Sep 03Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥7,060, the stock trades at a trailing P/E ratio of 56.6x. Average trailing P/E is 22x in the IT industry in Japan.Valuation Update With 7 Day Price Move • Aug 16Investor sentiment deteriorated over the past weekAfter last week's 24% share price decline to JP¥5,630, the stock trades at a trailing P/E ratio of 45.1x. Average trailing P/E is 22x in the IT industry in Japan.Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorated over the past weekAfter last week's 24% share price decline to JP¥10,890, the stock trades at a trailing P/E ratio of 60.4x. Average trailing P/E is 25x in the IT industry in Japan.Reported Earnings • Apr 04Full year 2020 earnings released: EPS JP¥180 (vs JP¥122 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥1.15b (up 8.1% from FY 2019). Net income: JP¥153.0m (up 53% from FY 2019). Profit margin: 13% (up from 9.4% in FY 2019). The increase in margin was driven by higher revenue.Reported Earnings • Feb 14Full year 2020 earnings released: EPS JP¥180 (vs JP¥122 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥1.15b (up 8.1% from FY 2019). Net income: JP¥153.0m (up 53% from FY 2019). Profit margin: 13% (up from 9.4% in FY 2019). The increase in margin was driven by higher revenue.Is New 90 Day High Low • Jan 26New 90-day high: JP¥21,480The company is up 15% from its price of JP¥18,600 on 28 October 2020. The Japanese market is also up 15% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the IT industry, which is up 12% over the same period.お知らせ • Sep 30+ 1 more updateHeadwaters Co.,Ltd has completed an IPO in the amount of ¥240 million.Headwaters Co.,Ltd has completed an IPO in the amount of ¥240 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 100,000 Price\Range: ¥2400 Discount Per Security: ¥192収支内訳HeadwatersLtd の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TSE:4011 収益、費用、利益 ( )JPY Millions日付収益収益G+A経費研究開発費31 Dec 253,900571,503030 Sep 253,5201721,355030 Jun 253,2101201,231031 Mar 252,9361611,099031 Dec 242,905272932030 Sep 242,616162878030 Jun 242,489140851031 Mar 242,420119801031 Dec 232,31570760030 Sep 232,293117694030 Jun 232,087113616031 Mar 231,875128557031 Dec 221,574755350質の高い収益: 4011には¥58.0M } という大きな 一回限りの 損失があり、過去 12 か月の財務実績が31st December, 2025に影響を及ぼしています。利益率の向上: 4011の現在の純利益率 (1.5%)は、昨年(9.4%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 4011の過去 5 年間の前年比収益成長率がプラスであったかどうかを判断するにはデータが不十分です。成長の加速: 4011は過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: 4011は過去 1 年間で収益成長率がマイナス ( -79% ) となったため、 IT業界平均 ( 16.4% ) と比較することが困難です。株主資本利益率高いROE: 4011の 自己資本利益率 ( 5.5% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YSoftware 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/08 17:06終値2026/05/08 00:00収益2025/12/31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Headwaters 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
Reported Earnings • Feb 16Full year 2025 earnings released: EPS: JP¥15.23 (vs JP¥71.81 in FY 2024)Full year 2025 results: EPS: JP¥15.23 (down from JP¥71.81 in FY 2024). Revenue: JP¥3.90b (up 34% from FY 2024). Net income: JP¥58.0m (down 79% from FY 2024). Profit margin: 1.5% (down from 9.4% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Dec 03Headwaters Co.,Ltd to Report Fiscal Year 2025 Results on Feb 13, 2026Headwaters Co.,Ltd announced that they will report fiscal year 2025 results on Feb 13, 2026
Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: JP¥25.50 (vs JP¥11.85 in 3Q 2024)Third quarter 2025 results: EPS: JP¥25.50 (up from JP¥11.85 in 3Q 2024). Revenue: JP¥1.07b (up 41% from 3Q 2024). Net income: JP¥97.0m (up 116% from 3Q 2024). Profit margin: 9.1% (up from 6.0% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Sep 02Headwaters Co.,Ltd to Report Q3, 2025 Results on Nov 14, 2025Headwaters Co.,Ltd announced that they will report Q3, 2025 results on Nov 14, 2025
Reported Earnings • Aug 16Second quarter 2025 earnings released: JP¥8.26 loss per share (vs JP¥2.90 profit in 2Q 2024)Second quarter 2025 results: JP¥8.26 loss per share (down from JP¥2.90 profit in 2Q 2024). Revenue: JP¥897.8m (up 44% from 2Q 2024). Net loss: JP¥31.4m (down 385% from profit in 2Q 2024).
お知らせ • Jun 03Headwaters Co.,Ltd to Report Q2, 2025 Results on Aug 14, 2025Headwaters Co.,Ltd announced that they will report Q2, 2025 results on Aug 14, 2025
New Risk • Apr 03New 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: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (JP¥8.71b market cap, or US$54.6m).
Reported Earnings • Feb 16Full year 2025 earnings released: EPS: JP¥15.23 (vs JP¥71.81 in FY 2024)Full year 2025 results: EPS: JP¥15.23 (down from JP¥71.81 in FY 2024). Revenue: JP¥3.90b (up 34% from FY 2024). Net income: JP¥58.0m (down 79% from FY 2024). Profit margin: 1.5% (down from 9.4% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 13Headwaters Co.,Ltd, Annual General Meeting, Mar 27, 2026Headwaters Co.,Ltd, Annual General Meeting, Mar 27, 2026.
New Risk • Jan 27New 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 8.0% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (8.0% average weekly change). Minor Risk Market cap is less than US$100m (JP¥10.9b market cap, or US$70.8m).
お知らせ • Jan 27Headwaters Co.,Ltd (TSE:4011) entered into a merger agreement to acquire remaining 73.87% stake in BBD Initiative Inc. (TSE:5259) for ¥7.9 billion.Headwaters Co.,Ltd (TSE:4011) entered into a merger agreement to acquire remaining 73.87% stake in BBD Initiative Inc. (TSE:5259) for ¥7.9 billion on January 26, 2026. The consideration consists of 2.26 million common equity of Headwaters Co.,Ltd to be issued for common equity of BBD Initiative Inc. As part of consideration, 0.50 Headwaters shares will be allocated and delivered for each BBD Initiative share. Upon completion, Headwaters Co.,Ltd will own 100% stake in BBD Initiative Inc. The transaction is subject to approval of offer by acquirer shareholders and approval of offer by target shareholders. The expected completion of the transaction is May 1, 2026.
Valuation Update With 7 Day Price Move • Jan 27Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥2,817, the stock trades at a trailing P/E ratio of 63x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 191% over the past three years.
分析記事 • Jan 19Headwaters Co.,Ltd (TSE:4011) Stocks Shoot Up 29% But Its P/E Still Looks ReasonableHeadwaters Co.,Ltd ( TSE:4011 ) shareholders are no doubt pleased to see that the share price has bounced 29% in the...
分析記事 • Jan 08With EPS Growth And More, HeadwatersLtd (TSE:4011) Makes An Interesting CaseIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
お知らせ • Dec 03Headwaters Co.,Ltd to Report Fiscal Year 2025 Results on Feb 13, 2026Headwaters Co.,Ltd announced that they will report fiscal year 2025 results on Feb 13, 2026
Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: JP¥25.50 (vs JP¥11.85 in 3Q 2024)Third quarter 2025 results: EPS: JP¥25.50 (up from JP¥11.85 in 3Q 2024). Revenue: JP¥1.07b (up 41% from 3Q 2024). Net income: JP¥97.0m (up 116% from 3Q 2024). Profit margin: 9.1% (up from 6.0% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Sep 02Headwaters Co.,Ltd to Report Q3, 2025 Results on Nov 14, 2025Headwaters Co.,Ltd announced that they will report Q3, 2025 results on Nov 14, 2025
お知らせ • Aug 28Headwaters Co.,Ltd (TSE:4011) completed the acquisition of to acquire 26.1% stake in BBD Initiative Inc. (TSE:5259) from Tatsuro Kiyohara.Headwaters Co.,Ltd (TSE:4011) entered into agreement to acquire 26.1% stake in BBD Initiative Inc. (TSE:5259) from Tatsuro Kiyohara on August 14, 2025. The expected completion of the transaction is August 29, 2025. Headwaters Co.,Ltd (TSE:4011) completed the acquisition of to acquire 26.1% stake in BBD Initiative Inc. (TSE:5259) from Tatsuro Kiyohara August 27, 2025.
Reported Earnings • Aug 16Second quarter 2025 earnings released: JP¥8.26 loss per share (vs JP¥2.90 profit in 2Q 2024)Second quarter 2025 results: JP¥8.26 loss per share (down from JP¥2.90 profit in 2Q 2024). Revenue: JP¥897.8m (up 44% from 2Q 2024). Net loss: JP¥31.4m (down 385% from profit in 2Q 2024).
お知らせ • Aug 14Headwaters Co.,Ltd (TSE:4011) entered into agreement to acquire 26.12% stake in BBD Initiative Inc. (TSE:5259) from Tatsuro Kiyohara.Headwaters Co.,Ltd (TSE:4011) entered into agreement to acquire 26.12% stake in BBD Initiative Inc. (TSE:5259) from Tatsuro Kiyohara on August 14, 2025. The expected completion of the transaction is August 29, 2025.
分析記事 • Jun 25Should You Be Adding HeadwatersLtd (TSE:4011) To Your Watchlist Today?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
お知らせ • Jun 03Headwaters Co.,Ltd to Report Q2, 2025 Results on Aug 14, 2025Headwaters Co.,Ltd announced that they will report Q2, 2025 results on Aug 14, 2025
Reported Earnings • May 21First quarter 2025 earnings released: JP¥5.27 loss per share (vs JP¥23.65 profit in 1Q 2024)First quarter 2025 results: JP¥5.27 loss per share (down from JP¥23.65 profit in 1Q 2024). Revenue: JP¥739.0m (up 4.4% from 1Q 2024). Net loss: JP¥20.0m (down 123% from profit in 1Q 2024).
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥3,405, the stock trades at a trailing P/E ratio of 47.5x. Average trailing P/E is 16x in the IT industry in Japan. Total returns to shareholders of 257% over the past three years.
New Risk • Mar 12New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.7b (US$98.9m) 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 High level of non-cash earnings (63% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (JP¥14.7b market cap, or US$98.9m).
お知らせ • Mar 07Headwaters Co.,Ltd Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2025Headwaters Co.,Ltd provided consolidated earnings guidance for the fiscal year ending December 31, 2025. For the period, the company expects net sales of JPY 4,007 million, operating profit of JPY 328 million, profit attributable to owners of parent of JPY 237 million and basic earnings per share of JPY 62.57.
お知らせ • Mar 01Headwaters Co.,Ltd to Report Q1, 2025 Results on May 15, 2025Headwaters Co.,Ltd announced that they will report Q1, 2025 results on May 15, 2025
分析記事 • Feb 21Statutory Earnings May Not Be The Best Way To Understand HeadwatersLtd's (TSE:4011) True PositionEven though Headwaters Co.,Ltd ( TSE:4011 ) posted strong earnings recently, the stock hasn't reacted in a large way...
Reported Earnings • Feb 16Full year 2024 earnings released: EPS: JP¥144 (vs JP¥18.67 in FY 2023)Full year 2024 results: EPS: JP¥144 (up from JP¥18.67 in FY 2023). Revenue: JP¥2.91b (up 26% from FY 2023). Net income: JP¥272.0m (up 289% from FY 2023). Profit margin: 9.4% (up from 3.0% in FY 2023). The increase in margin was driven by higher revenue.
お知らせ • Feb 14Headwaters Co.,Ltd, Annual General Meeting, Mar 28, 2025Headwaters Co.,Ltd, Annual General Meeting, Mar 28, 2025.
お知らせ • Jan 03Headwaters Co.,Ltd to Report Fiscal Year 2024 Results on Feb 14, 2025Headwaters Co.,Ltd announced that they will report fiscal year 2024 results on Feb 14, 2025
分析記事 • Jan 03Is Now The Time To Put HeadwatersLtd (TSE:4011) On Your Watchlist?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
お知らせ • Dec 03Headwaters Co.,Ltd Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2024Headwaters Co.,Ltd provided consolidated earnings guidance for the fiscal year ending December 31, 2024. For the period, the company expects net sales of JPY 2,928 million, operating profit of JPY 293 million, profit attributable to owners of parent of JPY 206 million and basic earnings per share of JPY 108.83.
New Risk • Nov 29New 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 8.4% 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 (8.4% average weekly change). Minor Risk Less than 3 years of financial data is available.
お知らせ • Aug 30Headwaters Co.,Ltd Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2024Headwaters Co.,Ltd provided consolidated earnings guidance for the fiscal year ending December 31, 2024. For the period, the company expects net sales of JPY 2,928 million, operating profit of JPY 226 million, profit attributable to owners of parent of JPY 156 million and basic earnings per share of JPY 82.78.
お知らせ • Aug 28Headwaters Co.,Ltd to Report Q3, 2024 Results on Nov 14, 2024Headwaters Co.,Ltd announced that they will report Q3, 2024 results on Nov 14, 2024
Reported Earnings • Aug 19Second quarter 2024 earnings released: EPS: JP¥5.80 (vs JP¥5.34 loss in 2Q 2023)Second quarter 2024 results: EPS: JP¥5.80 (up from JP¥5.34 loss in 2Q 2023). Revenue: JP¥624.0m (up 12% from 2Q 2023). Net income: JP¥11.0m (up JP¥21.0m from 2Q 2023). Profit margin: 1.8% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue.
お知らせ • Jun 08Headwaters Co.,Ltd to Report Q2, 2024 Results on Aug 14, 2024Headwaters Co.,Ltd announced that they will report Q2, 2024 results on Aug 14, 2024
お知らせ • May 31Headwaters Co.,Ltd Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2024Headwaters Co.,Ltd provided consolidated earnings guidance for the fiscal year ending December 31, 2024. For the period, the company expects net sales of JPY 2,928 million, operating profit of JPY 226 million, profit attributable to owners of parent of JPY 156 million and basic earnings per share of JPY 82.62.
Reported Earnings • May 19First quarter 2024 earnings released: EPS: JP¥47.31 (vs JP¥21.36 in 1Q 2023)First quarter 2024 results: EPS: JP¥47.31 (up from JP¥21.36 in 1Q 2023). Revenue: JP¥708.0m (up 17% from 1Q 2023). Net income: JP¥89.0m (up 123% from 1Q 2023). Profit margin: 13% (up from 6.6% in 1Q 2023). The increase in margin was driven by higher revenue.
お知らせ • Mar 01Headwaters Co.,Ltd Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2024Headwaters Co.,Ltd provided consolidated earnings guidance for the fiscal year ending December 31, 2024. For the period, the company expects net sales of JPY 2,928 million, operating profit of JPY 226 million, profit attributable to owners of parent of JPY 156 million and basic earnings per share of JPY 83.34.
お知らせ • Feb 29Headwaters Co.,Ltd to Report Q1, 2024 Results on May 15, 2024Headwaters Co.,Ltd announced that they will report Q1, 2024 results on May 15, 2024
Reported Earnings • Feb 20Full year 2023 earnings released: EPS: JP¥37.34 (vs JP¥40.06 in FY 2022)Full year 2023 results: EPS: JP¥37.34 (down from JP¥40.06 in FY 2022). Revenue: JP¥2.32b (up 47% from FY 2022). Net income: JP¥70.0m (down 6.7% from FY 2022). Profit margin: 3.0% (down from 4.8% in FY 2022). The decrease in margin was driven by higher expenses.
お知らせ • Feb 16Headwaters Co.,Ltd, Annual General Meeting, Mar 29, 2024Headwaters Co.,Ltd, Annual General Meeting, Mar 29, 2024.
お知らせ • Dec 05Headwaters Co.,Ltd to Report Fiscal Year 2023 Results on Feb 14, 2024Headwaters Co.,Ltd announced that they will report fiscal year 2023 results on Feb 14, 2024
Reported Earnings • Nov 16Third quarter 2023 earnings released: EPS: JP¥12.26 (vs JP¥34.18 in 3Q 2022)Third quarter 2023 results: EPS: JP¥12.26 (down from JP¥34.18 in 3Q 2022). Revenue: JP¥628.0m (up 24% from 3Q 2022). Net income: JP¥23.0m (down 64% from 3Q 2022). Profit margin: 3.7% (down from 13% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the IT industry in Japan.
お知らせ • Sep 28Headwaters Co.,Ltd to Report Q3, 2023 Results on Nov 14, 2023Headwaters Co.,Ltd announced that they will report Q3, 2023 results on Nov 14, 2023
New Risk • Aug 17New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥12.5b (US$85.6m) 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 (16% average weekly change). Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (JP¥12.5b market cap, or US$85.6m).
Reported Earnings • Aug 16Second quarter 2023 earnings released: JP¥40,323 loss per share (vs JP¥34.18 profit in 2Q 2022)Second quarter 2023 results: JP¥40,323 loss per share (down from JP¥34.18 profit in 2Q 2022). Revenue: JP¥555.0m (up 9.5% from 2Q 2022). Net loss: JP¥10.0m (down 116% from profit in 2Q 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the IT industry in Japan.
お知らせ • May 31Headwaters Co.,Ltd to Report Q2, 2023 Results on Aug 14, 2023Headwaters Co.,Ltd announced that they will report Q2, 2023 results on Aug 14, 2023
お知らせ • Dec 06Headwaters Co.,Ltd to Report Fiscal Year 2022 Results on Feb 14, 2023Headwaters Co.,Ltd announced that they will report fiscal year 2022 results on Feb 14, 2023
Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. International Business Promotion Division Manager and Director Naoki Ishizawa was the last director to join the board, commencing their role in 2015. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Aug 31Headwaters Co.,Ltd to Report Q3, 2022 Results on Nov 14, 2022Headwaters Co.,Ltd announced that they will report Q3, 2022 results on Nov 14, 2022
お知らせ • Jun 01Headwaters Co.,Ltd to Report Q2, 2022 Results on Aug 12, 2022Headwaters Co.,Ltd announced that they will report Q2, 2022 results on Aug 12, 2022
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. No independent directors (4 non-independent directors). International Business Promotion Division Manager and Director Naoki Ishizawa was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
お知らせ • Apr 08Headwaters Co.,Ltd to Report Q1, 2022 Results on May 13, 2022Headwaters Co.,Ltd announced that they will report Q1, 2022 results on May 13, 2022
Reported Earnings • Feb 20Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥29.10 (down from JP¥180 in FY 2020). Revenue: JP¥1.17b (up 1.6% from FY 2020). Net income: JP¥27.0m (down 82% from FY 2020). Profit margin: 2.3% (down from 13% in FY 2020). Revenue was in line with analyst estimates.
お知らせ • Feb 17Headwaters Co.,Ltd, Annual General Meeting, Mar 29, 2022Headwaters Co.,Ltd, Annual General Meeting, Mar 29, 2022.
Buying Opportunity • Feb 08Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 46%. The fair value is estimated to be JP¥4,313, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.4% per annum over the last 3 years. Earnings per share has been flat over the last 3 years.
Buying Opportunity • Jan 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 54%. The fair value is estimated to be JP¥4,290, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.4% per annum over the last 3 years. Earnings per share has been flat over the last 3 years.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS JP¥16.15 (vs JP¥27.08 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥296.0m (up 12% from 3Q 2020). Net income: JP¥15.0m (down 40% from 3Q 2020). Profit margin: 5.1% (down from 9.5% in 3Q 2020).
Valuation Update With 7 Day Price Move • Sep 03Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥7,060, the stock trades at a trailing P/E ratio of 56.6x. Average trailing P/E is 22x in the IT industry in Japan.
Valuation Update With 7 Day Price Move • Aug 16Investor sentiment deteriorated over the past weekAfter last week's 24% share price decline to JP¥5,630, the stock trades at a trailing P/E ratio of 45.1x. Average trailing P/E is 22x in the IT industry in Japan.
Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorated over the past weekAfter last week's 24% share price decline to JP¥10,890, the stock trades at a trailing P/E ratio of 60.4x. Average trailing P/E is 25x in the IT industry in Japan.
Reported Earnings • Apr 04Full year 2020 earnings released: EPS JP¥180 (vs JP¥122 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥1.15b (up 8.1% from FY 2019). Net income: JP¥153.0m (up 53% from FY 2019). Profit margin: 13% (up from 9.4% in FY 2019). The increase in margin was driven by higher revenue.
Reported Earnings • Feb 14Full year 2020 earnings released: EPS JP¥180 (vs JP¥122 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥1.15b (up 8.1% from FY 2019). Net income: JP¥153.0m (up 53% from FY 2019). Profit margin: 13% (up from 9.4% in FY 2019). The increase in margin was driven by higher revenue.
Is New 90 Day High Low • Jan 26New 90-day high: JP¥21,480The company is up 15% from its price of JP¥18,600 on 28 October 2020. The Japanese market is also up 15% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the IT industry, which is up 12% over the same period.
お知らせ • Sep 30+ 1 more updateHeadwaters Co.,Ltd has completed an IPO in the amount of ¥240 million.Headwaters Co.,Ltd has completed an IPO in the amount of ¥240 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 100,000 Price\Range: ¥2400 Discount Per Security: ¥192