View Financial HealthYappli 配当と自社株買い配当金 基準チェック /16Yappliは配当を支払う会社で、現在の利回りは1.76%です。次の支払い日は 16th September, 2026で、権利落ち日は29th June, 2026 。主要情報1.8%配当利回り1.5%バイバック利回り総株主利回り1.5%将来の配当利回りn/a配当成長n/a次回配当支払日16 Sep 26配当落ち日29 Jun 26一株当たり配当金n/a配当性向n/a最近の配当と自社株買いの更新お知らせ • Feb 13+ 1 more updateYappli, Inc. (TSE:4168) announces an Equity Buyback for 275,000 shares, representing 2.12% for ¥200 million.Yappli, Inc. (TSE:4168) announces a share repurchase program. Under the program, the company will repurchase up to 275,000 shares, representing 2.12% of its issued share capital, for ¥200 million. The purpose of the program is to implement a flexible capital policy and utilize future M&A. The program will expire on May 31, 2025. As of December 31, 2024, the company had 12,971,476 shares in issue(excluding treasury stock) and 124 shares in treasury.すべての更新を表示Recent updatesReported Earnings • Feb 16Full year 2025 earnings released: EPS: JP¥71.86 (vs JP¥57.71 in FY 2024)Full year 2025 results: EPS: JP¥71.86 (up from JP¥57.71 in FY 2024). Revenue: JP¥6.06b (up 9.9% from FY 2024). Net income: JP¥920.0m (up 23% from FY 2024). Profit margin: 15% (up from 14% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.お知らせ • Feb 13Yappli, Inc., Annual General Meeting, Mar 27, 2026Yappli, Inc., Annual General Meeting, Mar 27, 2026.お知らせ • Dec 27Yappli, Inc. to Report Fiscal Year 2025 Results on Feb 13, 2026Yappli, Inc. announced that they will report fiscal year 2025 results on Feb 13, 2026Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: JP¥21.16 (vs JP¥15.97 in 3Q 2024)Third quarter 2025 results: EPS: JP¥21.16 (up from JP¥15.97 in 3Q 2024). Revenue: JP¥1.54b (up 6.7% from 3Q 2024). Net income: JP¥270.0m (up 30% from 3Q 2024). Profit margin: 18% (up from 14% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.お知らせ • Sep 30Yappli, Inc. to Report Q3, 2025 Results on Nov 13, 2025Yappli, Inc. announced that they will report Q3, 2025 results on Nov 13, 2025New Risk • Sep 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¥13.2b market cap, or US$90.5m).分析記事 • Sep 10Under The Bonnet, Yappli's (TSE:4168) Returns Look ImpressiveWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: JP¥17.39 (vs JP¥6.56 in 2Q 2024)Second quarter 2025 results: EPS: JP¥17.39 (up from JP¥6.56 in 2Q 2024). Revenue: JP¥1.48b (up 14% from 2Q 2024). Net income: JP¥222.0m (up 161% from 2Q 2024). Profit margin: 15% (up from 6.5% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.分析記事 • Aug 14Yappli, Inc. (TSE:4168) Stock Rockets 38% As Investors Are Less Pessimistic Than ExpectedTSE:4168 1 Year Share Price vs Fair Value Explore Yappli's Fair Values from the Community and select yours The Yappli...分析記事 • Jul 25If EPS Growth Is Important To You, Yappli (TSE:4168) Presents An OpportunityFor 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 • Jun 18Yappli, Inc. to Report Q2, 2025 Results on Aug 13, 2025Yappli, Inc. announced that they will report Q2, 2025 results on Aug 13, 2025Reported Earnings • May 19First quarter 2025 earnings released: EPS: JP¥17.26 (vs JP¥27.79 in 1Q 2024)First quarter 2025 results: EPS: JP¥17.26 (down from JP¥27.79 in 1Q 2024). Revenue: JP¥1.43b (up 6.9% from 1Q 2024). Net income: JP¥223.0m (down 38% from 1Q 2024). Profit margin: 16% (down from 27% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.分析記事 • May 15Yappli (TSE:4168) Is Looking To Continue Growing Its Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...分析記事 • Apr 09These 4 Measures Indicate That Yappli (TSE:4168) Is Using Debt SafelyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...New Risk • Apr 07New 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 Risks Share price has been highly volatile over the past 3 months (7.6% average weekly change). High level of non-cash earnings (35% accrual ratio). Minor Risk Market cap is less than US$100m (JP¥7.59b market cap, or US$51.9m).Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥590, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 18x in the Software industry in Japan. Total loss to shareholders of 73% over the past three years.お知らせ • Mar 08Yappli, Inc. to Report Q1, 2025 Results on May 14, 2025Yappli, Inc. announced that they will report Q1, 2025 results on May 14, 2025分析記事 • Feb 21Yappli (TSE:4168) Is Posting Healthy Earnings, But It Is Not All Good NewsStrong earnings weren't enough to please Yappli, Inc.'s ( TSE:4168 ) shareholders over the last week. We did some...Reported Earnings • Feb 15Full year 2024 earnings released: EPS: JP¥57.71 (vs JP¥5.82 loss in FY 2023)Full year 2024 results: EPS: JP¥57.71 (up from JP¥5.82 loss in FY 2023). Revenue: JP¥5.51b (up 13% from FY 2023). Net income: JP¥748.0m (up JP¥822.0m from FY 2023). Profit margin: 14% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.お知らせ • Feb 13+ 1 more updateYappli, Inc. (TSE:4168) announces an Equity Buyback for 275,000 shares, representing 2.12% for ¥200 million.Yappli, Inc. (TSE:4168) announces a share repurchase program. Under the program, the company will repurchase up to 275,000 shares, representing 2.12% of its issued share capital, for ¥200 million. The purpose of the program is to implement a flexible capital policy and utilize future M&A. The program will expire on May 31, 2025. As of December 31, 2024, the company had 12,971,476 shares in issue(excluding treasury stock) and 124 shares in treasury.お知らせ • Jan 03Yappli, Inc. to Report Fiscal Year 2024 Results on Feb 13, 2025Yappli, Inc. announced that they will report fiscal year 2024 results on Feb 13, 2025分析記事 • Nov 25The Market Lifts Yappli, Inc. (TSE:4168) Shares 26% But It Can Do MoreYappli, Inc. ( TSE:4168 ) shareholders would be excited to see that the share price has had a great month, posting a...Reported Earnings • Nov 16Third quarter 2024 earnings released: EPS: JP¥15.97 (vs JP¥43.14 loss in 3Q 2023)Third quarter 2024 results: EPS: JP¥15.97 (up from JP¥43.14 loss in 3Q 2023). Revenue: JP¥1.44b (up 16% from 3Q 2023). Net income: JP¥207.0m (up JP¥754.0m from 3Q 2023). Profit margin: 14% (up from net loss in 3Q 2023). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Nov 13Investor sentiment improves as stock rises 25%After last week's 25% share price gain to JP¥853, the stock trades at a trailing P/E ratio of 34.7x. Average trailing P/E is 22x in the Software industry in Japan. Total loss to shareholders of 83% over the past three years.分析記事 • Sep 19These 4 Measures Indicate That Yappli (TSE:4168) Is Using Debt Reasonably WellHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Aug 22Impressive Earnings May Not Tell The Whole Story For Yappli (TSE:4168)Despite posting some strong earnings, the market for Yappli, Inc.'s ( TSE:4168 ) stock hasn't moved much. We did some...New Risk • Aug 22New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 48% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (48% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Market cap is less than US$100m (JP¥8.66b market cap, or US$59.4m).Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: JP¥6.56 (vs JP¥0.79 in 2Q 2023)Second quarter 2024 results: EPS: JP¥6.56 (up from JP¥0.79 in 2Q 2023). Revenue: JP¥1.30b (up 13% from 2Q 2023). Net income: JP¥85.0m (up JP¥75.0m from 2Q 2023). Profit margin: 6.5% (up from 0.9% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 27%After last week's 27% share price decline to JP¥593, the stock trades at a trailing P/E ratio of 31.5x. Average forward P/E is 19x in the Software industry in Japan. Total loss to shareholders of 81% over the past three years.分析記事 • Jul 12There's Been No Shortage Of Growth Recently For Yappli's (TSE:4168) Returns On CapitalWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...New Risk • Jul 12New 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 7.3% 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 (7.3% average weekly change). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.3% increase in shares outstanding). Market cap is less than US$100m (JP¥10.7b market cap, or US$66.9m).Valuation Update With 7 Day Price Move • Jul 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥795, the stock trades at a trailing P/E ratio of 42.2x. Average forward P/E is 20x in the Software industry in Japan. Total loss to shareholders of 79% over the past three years.Reported Earnings • May 16First quarter 2024 earnings released: EPS: JP¥27.79 (vs JP¥3.32 in 1Q 2023)First quarter 2024 results: EPS: JP¥27.79 (up from JP¥3.32 in 1Q 2023). Revenue: JP¥1.34b (up 13% from 1Q 2023). Net income: JP¥360.0m (up JP¥318.0m from 1Q 2023). Profit margin: 27% (up from 3.5% in 1Q 2023).分析記事 • Mar 06The Price Is Right For Yappli, Inc. (TSE:4168)Yappli, Inc.'s ( TSE:4168 ) price-to-sales (or "P/S") ratio of 2.9x may not look like an appealing investment...お知らせ • Feb 24+ 2 more updatesYappli, Inc. to Report Q1, 2024 Results on May 13, 2024Yappli, Inc. announced that they will report Q1, 2024 results on May 13, 2024お知らせ • Feb 16Yappli, Inc., Annual General Meeting, Mar 28, 2024Yappli, Inc., Annual General Meeting, Mar 28, 2024.Reported Earnings • Feb 15Full year 2023 earnings released: JP¥5.82 loss per share (vs JP¥74.86 loss in FY 2022)Full year 2023 results: JP¥5.82 loss per share (improved from JP¥74.86 loss in FY 2022). Revenue: JP¥4.86b (up 17% from FY 2022). Net loss: JP¥74.0m (loss narrowed 92% from FY 2022). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings.New Risk • Jan 26New major risk - Revenue and earnings growthEarnings have declined by 6.8% per year over the past 5 years. 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 profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings 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 Risks Share price has been highly volatile over the past 3 months (7.8% average weekly change). Earnings have declined by 6.8% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (2.6% increase in shares outstanding). Market cap is less than US$100m (JP¥13.1b market cap, or US$88.8m). Market cap is less than US$100m (JP¥13.1b market cap, or US$88.8m).お知らせ • Dec 30Yappli, Inc. to Report Fiscal Year 2023 Results on Feb 13, 2024Yappli, Inc. announced that they will report fiscal year 2023 results on Feb 13, 2024New Risk • Dec 22New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% 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 (7.7% average weekly change). Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Market cap is less than US$100m (JP¥13.0b market cap, or US$91.1m). Market cap is less than US$100m (JP¥13.0b market cap, or US$91.1m).Reported Earnings • Nov 10Third quarter 2023 earnings released: JP¥43.14 loss per share (vs JP¥2.54 loss in 3Q 2022)Third quarter 2023 results: JP¥43.14 loss per share (further deteriorated from JP¥2.54 loss in 3Q 2022). Revenue: JP¥1.25b (up 23% from 3Q 2022). Net loss: JP¥547.0m (loss widened JP¥515.0m from 3Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan.New Risk • Oct 06New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.7b (US$98.4m) 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 (10% average weekly change). Minor Risk Market cap is less than US$100m (JP¥14.7b market cap, or US$98.4m).Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: JP¥0.79 (vs JP¥22.38 loss in 2Q 2022)Second quarter 2023 results: EPS: JP¥0.79 (up from JP¥22.38 loss in 2Q 2022). Revenue: JP¥1.15b (up 13% from 2Q 2022). Net income: JP¥10.0m (up JP¥291.0m from 2Q 2022). Profit margin: 0.9% (up from net loss in 2Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan.お知らせ • May 28+ 1 more updateYappli, Inc. to Report Q3, 2023 Results on Nov 09, 2023Yappli, Inc. announced that they will report Q3, 2023 results on Nov 09, 2023Reported Earnings • May 17First quarter 2023 earnings released: EPS: JP¥3.32 (vs JP¥31.64 loss in 1Q 2022)First quarter 2023 results: EPS: JP¥3.32 (up from JP¥31.64 loss in 1Q 2022). Revenue: JP¥1.19b (up 21% from 1Q 2022). Net income: JP¥42.0m (up JP¥438.0m from 1Q 2022). Profit margin: 3.5% (up from net loss in 1Q 2022).お知らせ • Feb 15Yappli, Inc., Annual General Meeting, Mar 30, 2023Yappli, Inc., Annual General Meeting, Mar 30, 2023.Reported Earnings • Feb 15Full year 2022 earnings released: JP¥74.86 loss per share (vs JP¥76.60 loss in FY 2021)Full year 2022 results: JP¥74.86 loss per share. Revenue: JP¥4.14b (up 27% from FY 2021). Net loss: JP¥941.0m (flat on FY 2021).お知らせ • Jan 01Yappli, Inc. to Report Fiscal Year 2022 Results on Feb 13, 2023Yappli, Inc. announced that they will report fiscal year 2022 results on Feb 13, 2023Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 16Third quarter 2022 earnings released: JP¥2.54 loss per share (vs JP¥16.15 loss in 3Q 2021)Third quarter 2022 results: JP¥2.54 loss per share (improved from JP¥16.15 loss in 3Q 2021). Revenue: JP¥1.01b (up 21% from 3Q 2021). Net loss: JP¥32.0m (loss narrowed 84% from 3Q 2021).Reported Earnings • Nov 13Third quarter 2022 earnings released: JP¥2.54 loss per share (vs JP¥16.15 loss in 3Q 2021)Third quarter 2022 results: JP¥2.54 loss per share (improved from JP¥16.15 loss in 3Q 2021). Revenue: JP¥1.01b (up 21% from 3Q 2021). Net loss: JP¥32.0m (loss narrowed 84% from 3Q 2021).Reported Earnings • Aug 14Second quarter 2022 earnings released: JP¥22.38 loss per share (vs JP¥16.15 loss in 2Q 2021)Second quarter 2022 results: JP¥22.38 loss per share (down from JP¥16.15 loss in 2Q 2021). Revenue: JP¥1.02b (up 22% from 2Q 2021). Net loss: JP¥281.0m (loss widened 41% from 2Q 2021).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. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . 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 • Feb 17Yappli, Inc., Annual General Meeting, Mar 29, 2022Yappli, Inc., Annual General Meeting, Mar 29, 2022.Reported Earnings • Apr 06Full year 2020 earnings released: JP¥69.69 loss per share (vs JP¥106 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: JP¥2.39b (up 39% from FY 2019). Net loss: JP¥632.0m (loss narrowed 20% from FY 2019).お知らせ • Feb 17Yappli, Inc., Annual General Meeting, Mar 30, 2021Yappli, Inc., Annual General Meeting, Mar 30, 2021.お知らせ • Jan 07Yappli, Inc. to Report Fiscal Year 2020 Results on Feb 15, 2021Yappli, Inc. announced that they will report fiscal year 2020 results on Feb 15, 2021お知らせ • Dec 23Yappli, Inc. has completed an IPO in the amount of ¥15.311464 billion.Yappli, Inc. has completed an IPO in the amount of ¥15.311464 billion. Security Name: Common Shares Security Type: Common Stock Securities Offered: 4,845,400 Price\Range: ¥3160 Discount Per Security: ¥237 Transaction Features: Sponsor Backed Offering配当金の支払いについて今日May 21 2026配当落ち日Jun 29 2026配当支払日Sep 16 202679 days 配当落ちから次の39 days 、次の配当を受け取るために購入する。決済の安定と成長配当データの取得安定した配当: 4168の 1 株当たり配当が過去に安定していたかどうかを判断するにはデータが不十分です。増加する配当: 4168の配当金が増加しているかどうかを判断するにはデータが不十分です。配当利回り対市場Yappli 配当利回り対市場4168 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (4168)1.8%市場下位25% (JP)1.7%市場トップ25% (JP)3.8%業界平均 (Software)2.2%アナリスト予想 (4168) (最長3年)n/a注目すべき配当: 4168の配当金 ( 1.76% ) はJP市場の配当金支払者の下位 25% ( 1.74% ) よりも高くなっています。高配当: 4168の配当金 ( 1.76% ) はJP市場の配当金支払者の上位 25% ( 3.78% ) と比較すると低いです。株主への利益配当収益カバレッジ: 4168の 配当性向 を計算して配当金の支払いが利益で賄われているかどうかを判断するにはデータが不十分です。株主配当金キャッシュフローカバレッジ: 4168が配当金を報告していないため、配当金の持続可能性を計算できません。高配当企業の発掘7D1Y7D1Y7D1YJP 市場の強力な配当支払い企業。View Management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 12:10終値2026/05/21 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Yappli, Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Kazuki TokunagaDaiwa Securities Co. Ltd.Ryo KawauchiMarusan Securities Co. Ltd.
お知らせ • Feb 13+ 1 more updateYappli, Inc. (TSE:4168) announces an Equity Buyback for 275,000 shares, representing 2.12% for ¥200 million.Yappli, Inc. (TSE:4168) announces a share repurchase program. Under the program, the company will repurchase up to 275,000 shares, representing 2.12% of its issued share capital, for ¥200 million. The purpose of the program is to implement a flexible capital policy and utilize future M&A. The program will expire on May 31, 2025. As of December 31, 2024, the company had 12,971,476 shares in issue(excluding treasury stock) and 124 shares in treasury.
Reported Earnings • Feb 16Full year 2025 earnings released: EPS: JP¥71.86 (vs JP¥57.71 in FY 2024)Full year 2025 results: EPS: JP¥71.86 (up from JP¥57.71 in FY 2024). Revenue: JP¥6.06b (up 9.9% from FY 2024). Net income: JP¥920.0m (up 23% from FY 2024). Profit margin: 15% (up from 14% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
お知らせ • Feb 13Yappli, Inc., Annual General Meeting, Mar 27, 2026Yappli, Inc., Annual General Meeting, Mar 27, 2026.
お知らせ • Dec 27Yappli, Inc. to Report Fiscal Year 2025 Results on Feb 13, 2026Yappli, Inc. announced that they will report fiscal year 2025 results on Feb 13, 2026
Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: JP¥21.16 (vs JP¥15.97 in 3Q 2024)Third quarter 2025 results: EPS: JP¥21.16 (up from JP¥15.97 in 3Q 2024). Revenue: JP¥1.54b (up 6.7% from 3Q 2024). Net income: JP¥270.0m (up 30% from 3Q 2024). Profit margin: 18% (up from 14% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
お知らせ • Sep 30Yappli, Inc. to Report Q3, 2025 Results on Nov 13, 2025Yappli, Inc. announced that they will report Q3, 2025 results on Nov 13, 2025
New Risk • Sep 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¥13.2b market cap, or US$90.5m).
分析記事 • Sep 10Under The Bonnet, Yappli's (TSE:4168) Returns Look ImpressiveWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: JP¥17.39 (vs JP¥6.56 in 2Q 2024)Second quarter 2025 results: EPS: JP¥17.39 (up from JP¥6.56 in 2Q 2024). Revenue: JP¥1.48b (up 14% from 2Q 2024). Net income: JP¥222.0m (up 161% from 2Q 2024). Profit margin: 15% (up from 6.5% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
分析記事 • Aug 14Yappli, Inc. (TSE:4168) Stock Rockets 38% As Investors Are Less Pessimistic Than ExpectedTSE:4168 1 Year Share Price vs Fair Value Explore Yappli's Fair Values from the Community and select yours The Yappli...
分析記事 • Jul 25If EPS Growth Is Important To You, Yappli (TSE:4168) Presents An OpportunityFor 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 • Jun 18Yappli, Inc. to Report Q2, 2025 Results on Aug 13, 2025Yappli, Inc. announced that they will report Q2, 2025 results on Aug 13, 2025
Reported Earnings • May 19First quarter 2025 earnings released: EPS: JP¥17.26 (vs JP¥27.79 in 1Q 2024)First quarter 2025 results: EPS: JP¥17.26 (down from JP¥27.79 in 1Q 2024). Revenue: JP¥1.43b (up 6.9% from 1Q 2024). Net income: JP¥223.0m (down 38% from 1Q 2024). Profit margin: 16% (down from 27% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
分析記事 • May 15Yappli (TSE:4168) Is Looking To Continue Growing Its Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...
分析記事 • Apr 09These 4 Measures Indicate That Yappli (TSE:4168) Is Using Debt SafelyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
New Risk • Apr 07New 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 Risks Share price has been highly volatile over the past 3 months (7.6% average weekly change). High level of non-cash earnings (35% accrual ratio). Minor Risk Market cap is less than US$100m (JP¥7.59b market cap, or US$51.9m).
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥590, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 18x in the Software industry in Japan. Total loss to shareholders of 73% over the past three years.
お知らせ • Mar 08Yappli, Inc. to Report Q1, 2025 Results on May 14, 2025Yappli, Inc. announced that they will report Q1, 2025 results on May 14, 2025
分析記事 • Feb 21Yappli (TSE:4168) Is Posting Healthy Earnings, But It Is Not All Good NewsStrong earnings weren't enough to please Yappli, Inc.'s ( TSE:4168 ) shareholders over the last week. We did some...
Reported Earnings • Feb 15Full year 2024 earnings released: EPS: JP¥57.71 (vs JP¥5.82 loss in FY 2023)Full year 2024 results: EPS: JP¥57.71 (up from JP¥5.82 loss in FY 2023). Revenue: JP¥5.51b (up 13% from FY 2023). Net income: JP¥748.0m (up JP¥822.0m from FY 2023). Profit margin: 14% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.
お知らせ • Feb 13+ 1 more updateYappli, Inc. (TSE:4168) announces an Equity Buyback for 275,000 shares, representing 2.12% for ¥200 million.Yappli, Inc. (TSE:4168) announces a share repurchase program. Under the program, the company will repurchase up to 275,000 shares, representing 2.12% of its issued share capital, for ¥200 million. The purpose of the program is to implement a flexible capital policy and utilize future M&A. The program will expire on May 31, 2025. As of December 31, 2024, the company had 12,971,476 shares in issue(excluding treasury stock) and 124 shares in treasury.
お知らせ • Jan 03Yappli, Inc. to Report Fiscal Year 2024 Results on Feb 13, 2025Yappli, Inc. announced that they will report fiscal year 2024 results on Feb 13, 2025
分析記事 • Nov 25The Market Lifts Yappli, Inc. (TSE:4168) Shares 26% But It Can Do MoreYappli, Inc. ( TSE:4168 ) shareholders would be excited to see that the share price has had a great month, posting a...
Reported Earnings • Nov 16Third quarter 2024 earnings released: EPS: JP¥15.97 (vs JP¥43.14 loss in 3Q 2023)Third quarter 2024 results: EPS: JP¥15.97 (up from JP¥43.14 loss in 3Q 2023). Revenue: JP¥1.44b (up 16% from 3Q 2023). Net income: JP¥207.0m (up JP¥754.0m from 3Q 2023). Profit margin: 14% (up from net loss in 3Q 2023). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Nov 13Investor sentiment improves as stock rises 25%After last week's 25% share price gain to JP¥853, the stock trades at a trailing P/E ratio of 34.7x. Average trailing P/E is 22x in the Software industry in Japan. Total loss to shareholders of 83% over the past three years.
分析記事 • Sep 19These 4 Measures Indicate That Yappli (TSE:4168) Is Using Debt Reasonably WellHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Aug 22Impressive Earnings May Not Tell The Whole Story For Yappli (TSE:4168)Despite posting some strong earnings, the market for Yappli, Inc.'s ( TSE:4168 ) stock hasn't moved much. We did some...
New Risk • Aug 22New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 48% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (48% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Market cap is less than US$100m (JP¥8.66b market cap, or US$59.4m).
Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: JP¥6.56 (vs JP¥0.79 in 2Q 2023)Second quarter 2024 results: EPS: JP¥6.56 (up from JP¥0.79 in 2Q 2023). Revenue: JP¥1.30b (up 13% from 2Q 2023). Net income: JP¥85.0m (up JP¥75.0m from 2Q 2023). Profit margin: 6.5% (up from 0.9% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 27%After last week's 27% share price decline to JP¥593, the stock trades at a trailing P/E ratio of 31.5x. Average forward P/E is 19x in the Software industry in Japan. Total loss to shareholders of 81% over the past three years.
分析記事 • Jul 12There's Been No Shortage Of Growth Recently For Yappli's (TSE:4168) Returns On CapitalWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...
New Risk • Jul 12New 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 7.3% 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 (7.3% average weekly change). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.3% increase in shares outstanding). Market cap is less than US$100m (JP¥10.7b market cap, or US$66.9m).
Valuation Update With 7 Day Price Move • Jul 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥795, the stock trades at a trailing P/E ratio of 42.2x. Average forward P/E is 20x in the Software industry in Japan. Total loss to shareholders of 79% over the past three years.
Reported Earnings • May 16First quarter 2024 earnings released: EPS: JP¥27.79 (vs JP¥3.32 in 1Q 2023)First quarter 2024 results: EPS: JP¥27.79 (up from JP¥3.32 in 1Q 2023). Revenue: JP¥1.34b (up 13% from 1Q 2023). Net income: JP¥360.0m (up JP¥318.0m from 1Q 2023). Profit margin: 27% (up from 3.5% in 1Q 2023).
分析記事 • Mar 06The Price Is Right For Yappli, Inc. (TSE:4168)Yappli, Inc.'s ( TSE:4168 ) price-to-sales (or "P/S") ratio of 2.9x may not look like an appealing investment...
お知らせ • Feb 24+ 2 more updatesYappli, Inc. to Report Q1, 2024 Results on May 13, 2024Yappli, Inc. announced that they will report Q1, 2024 results on May 13, 2024
お知らせ • Feb 16Yappli, Inc., Annual General Meeting, Mar 28, 2024Yappli, Inc., Annual General Meeting, Mar 28, 2024.
Reported Earnings • Feb 15Full year 2023 earnings released: JP¥5.82 loss per share (vs JP¥74.86 loss in FY 2022)Full year 2023 results: JP¥5.82 loss per share (improved from JP¥74.86 loss in FY 2022). Revenue: JP¥4.86b (up 17% from FY 2022). Net loss: JP¥74.0m (loss narrowed 92% from FY 2022). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings.
New Risk • Jan 26New major risk - Revenue and earnings growthEarnings have declined by 6.8% per year over the past 5 years. 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 profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings 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 Risks Share price has been highly volatile over the past 3 months (7.8% average weekly change). Earnings have declined by 6.8% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (2.6% increase in shares outstanding). Market cap is less than US$100m (JP¥13.1b market cap, or US$88.8m). Market cap is less than US$100m (JP¥13.1b market cap, or US$88.8m).
お知らせ • Dec 30Yappli, Inc. to Report Fiscal Year 2023 Results on Feb 13, 2024Yappli, Inc. announced that they will report fiscal year 2023 results on Feb 13, 2024
New Risk • Dec 22New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% 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 (7.7% average weekly change). Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Market cap is less than US$100m (JP¥13.0b market cap, or US$91.1m). Market cap is less than US$100m (JP¥13.0b market cap, or US$91.1m).
Reported Earnings • Nov 10Third quarter 2023 earnings released: JP¥43.14 loss per share (vs JP¥2.54 loss in 3Q 2022)Third quarter 2023 results: JP¥43.14 loss per share (further deteriorated from JP¥2.54 loss in 3Q 2022). Revenue: JP¥1.25b (up 23% from 3Q 2022). Net loss: JP¥547.0m (loss widened JP¥515.0m from 3Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan.
New Risk • Oct 06New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.7b (US$98.4m) 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 (10% average weekly change). Minor Risk Market cap is less than US$100m (JP¥14.7b market cap, or US$98.4m).
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: JP¥0.79 (vs JP¥22.38 loss in 2Q 2022)Second quarter 2023 results: EPS: JP¥0.79 (up from JP¥22.38 loss in 2Q 2022). Revenue: JP¥1.15b (up 13% from 2Q 2022). Net income: JP¥10.0m (up JP¥291.0m from 2Q 2022). Profit margin: 0.9% (up from net loss in 2Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan.
お知らせ • May 28+ 1 more updateYappli, Inc. to Report Q3, 2023 Results on Nov 09, 2023Yappli, Inc. announced that they will report Q3, 2023 results on Nov 09, 2023
Reported Earnings • May 17First quarter 2023 earnings released: EPS: JP¥3.32 (vs JP¥31.64 loss in 1Q 2022)First quarter 2023 results: EPS: JP¥3.32 (up from JP¥31.64 loss in 1Q 2022). Revenue: JP¥1.19b (up 21% from 1Q 2022). Net income: JP¥42.0m (up JP¥438.0m from 1Q 2022). Profit margin: 3.5% (up from net loss in 1Q 2022).
お知らせ • Feb 15Yappli, Inc., Annual General Meeting, Mar 30, 2023Yappli, Inc., Annual General Meeting, Mar 30, 2023.
Reported Earnings • Feb 15Full year 2022 earnings released: JP¥74.86 loss per share (vs JP¥76.60 loss in FY 2021)Full year 2022 results: JP¥74.86 loss per share. Revenue: JP¥4.14b (up 27% from FY 2021). Net loss: JP¥941.0m (flat on FY 2021).
お知らせ • Jan 01Yappli, Inc. to Report Fiscal Year 2022 Results on Feb 13, 2023Yappli, Inc. announced that they will report fiscal year 2022 results on Feb 13, 2023
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 16Third quarter 2022 earnings released: JP¥2.54 loss per share (vs JP¥16.15 loss in 3Q 2021)Third quarter 2022 results: JP¥2.54 loss per share (improved from JP¥16.15 loss in 3Q 2021). Revenue: JP¥1.01b (up 21% from 3Q 2021). Net loss: JP¥32.0m (loss narrowed 84% from 3Q 2021).
Reported Earnings • Nov 13Third quarter 2022 earnings released: JP¥2.54 loss per share (vs JP¥16.15 loss in 3Q 2021)Third quarter 2022 results: JP¥2.54 loss per share (improved from JP¥16.15 loss in 3Q 2021). Revenue: JP¥1.01b (up 21% from 3Q 2021). Net loss: JP¥32.0m (loss narrowed 84% from 3Q 2021).
Reported Earnings • Aug 14Second quarter 2022 earnings released: JP¥22.38 loss per share (vs JP¥16.15 loss in 2Q 2021)Second quarter 2022 results: JP¥22.38 loss per share (down from JP¥16.15 loss in 2Q 2021). Revenue: JP¥1.02b (up 22% from 2Q 2021). Net loss: JP¥281.0m (loss widened 41% from 2Q 2021).
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. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . 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 • Feb 17Yappli, Inc., Annual General Meeting, Mar 29, 2022Yappli, Inc., Annual General Meeting, Mar 29, 2022.
Reported Earnings • Apr 06Full year 2020 earnings released: JP¥69.69 loss per share (vs JP¥106 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: JP¥2.39b (up 39% from FY 2019). Net loss: JP¥632.0m (loss narrowed 20% from FY 2019).
お知らせ • Feb 17Yappli, Inc., Annual General Meeting, Mar 30, 2021Yappli, Inc., Annual General Meeting, Mar 30, 2021.
お知らせ • Jan 07Yappli, Inc. to Report Fiscal Year 2020 Results on Feb 15, 2021Yappli, Inc. announced that they will report fiscal year 2020 results on Feb 15, 2021
お知らせ • Dec 23Yappli, Inc. has completed an IPO in the amount of ¥15.311464 billion.Yappli, Inc. has completed an IPO in the amount of ¥15.311464 billion. Security Name: Common Shares Security Type: Common Stock Securities Offered: 4,845,400 Price\Range: ¥3160 Discount Per Security: ¥237 Transaction Features: Sponsor Backed Offering