View Future GrowthAppirits 過去の業績過去 基準チェック /06Appiritsの収益は年間平均-60%の割合で減少していますが、 IT業界の収益は年間 増加しています。収益は年間12.7% 9.3%割合で 増加しています。主要情報-60.03%収益成長率-60.68%EPS成長率IT 業界の成長14.26%収益成長率9.32%株主資本利益率-25.00%ネット・マージン-4.67%前回の決算情報31 Jan 2026最近の業績更新Reported Earnings • Mar 19Full year 2026 earnings released: JP¥115 loss per share (vs JP¥10.96 profit in FY 2025)Full year 2026 results: JP¥115 loss per share (down from JP¥10.96 profit in FY 2025). Revenue: JP¥9.96b (up 11% from FY 2025). Net loss: JP¥465.0m (down JP¥510.0m from profit in FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.お知らせ • Dec 30Appirits Inc. to Report Fiscal Year 2026 Results on Mar 17, 2026Appirits Inc. announced that they will report fiscal year 2026 results on Mar 17, 2026Reported Earnings • Dec 13Third quarter 2026 earnings released: JP¥21.90 loss per share (vs JP¥9.90 loss in 3Q 2025)Third quarter 2026 results: JP¥21.90 loss per share (further deteriorated from JP¥9.90 loss in 3Q 2025). Revenue: JP¥2.46b (up 10% from 3Q 2025). Net loss: JP¥88.5m (loss widened 117% from 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance.Reported Earnings • Sep 15Second quarter 2026 earnings released: JP¥6.44 loss per share (vs JP¥22.28 loss in 2Q 2025)Second quarter 2026 results: JP¥6.44 loss per share (improved from JP¥22.28 loss in 2Q 2025). Revenue: JP¥2.68b (up 29% from 2Q 2025). Net loss: JP¥26.0m (loss narrowed 72% from 2Q 2025).Reported Earnings • Jun 15First quarter 2026 earnings released: JP¥2.24 loss per share (vs JP¥18.42 profit in 1Q 2025)First quarter 2026 results: JP¥2.24 loss per share (down from JP¥18.42 profit in 1Q 2025). Revenue: JP¥2.48b (up 16% from 1Q 2025). Net loss: JP¥9.00m (down 112% from profit in 1Q 2025).Reported Earnings • Mar 18Full year 2025 earnings released: EPS: JP¥10.96 (vs JP¥94.25 in FY 2024)Full year 2025 results: EPS: JP¥10.96 (down from JP¥94.25 in FY 2024). Revenue: JP¥9.01b (up 6.9% from FY 2024). Net income: JP¥45.0m (down 88% from FY 2024). Profit margin: 0.5% (down from 4.6% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 4% per year.すべての更新を表示Recent updatesReported Earnings • Mar 19Full year 2026 earnings released: JP¥115 loss per share (vs JP¥10.96 profit in FY 2025)Full year 2026 results: JP¥115 loss per share (down from JP¥10.96 profit in FY 2025). Revenue: JP¥9.96b (up 11% from FY 2025). Net loss: JP¥465.0m (down JP¥510.0m from profit in FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.お知らせ • Mar 17Appirits Inc., Annual General Meeting, Apr 28, 2026Appirits Inc., Annual General Meeting, Apr 28, 2026.Upcoming Dividend • Jan 22Upcoming dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 29 January 2026. Payment date: 13 April 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.2%).分析記事 • Jan 13Appirits (TSE:4174) Is Due To Pay A Dividend Of ¥14.00Appirits Inc.'s ( TSE:4174 ) investors are due to receive a payment of ¥14.00 per share on 13th of April. This will...分析記事 • Dec 30Appirits (TSE:4174) Will Pay A Dividend Of ¥14.00The board of Appirits Inc. ( TSE:4174 ) has announced that it will pay a dividend of ¥14.00 per share on the 13th of...お知らせ • Dec 30Appirits Inc. to Report Fiscal Year 2026 Results on Mar 17, 2026Appirits Inc. announced that they will report fiscal year 2026 results on Mar 17, 2026Reported Earnings • Dec 13Third quarter 2026 earnings released: JP¥21.90 loss per share (vs JP¥9.90 loss in 3Q 2025)Third quarter 2026 results: JP¥21.90 loss per share (further deteriorated from JP¥9.90 loss in 3Q 2025). Revenue: JP¥2.46b (up 10% from 3Q 2025). Net loss: JP¥88.5m (loss widened 117% from 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance.分析記事 • Dec 04Appirits' (TSE:4174) Dividend Will Be ¥14.00Appirits Inc. ( TSE:4174 ) will pay a dividend of ¥14.00 on the 13th of April. This will take the dividend yield to an...お知らせ • Nov 27Appirits Inc. (TSE:4174) completed the acquisition of Bunbu Joint Stock Company from Le Van Nghia, Nguyen Nam Ha and Vu Thi Minh Hoa.Appirits Inc. (TSE:4174) agreed to acquire Bunbu Joint Stock Company from Le Van Nghia, Nguyen Nam Ha and Vu Thi Minh Hoa for VND 35.4 billion on August 29, 2025. As reported, cash consideration of VND 25,634 million will be paid for Bunbu common shares and in addition, an earn-out of up to VND 9,787 million will be paid depending on the performance achievement level from the fiscal year ending December 2026 to the fiscal year ending December 2027. For the period ending December 31, 2024, Bunbu Joint Stock Company reported total revenue of VND 15.51 billion, operating profit of VND 6.36 billion and net profit of VND 6.03 billion. As of December 31, 2024, Bunbu Joint Stock Company reported total assets of VND 23.91 billion and total common equity of VND 22.38 billion. The expected completion of the transaction is November 2025. Appirits Inc. (TSE:4174) completed the acquisition of Bunbu Joint Stock Company from Le Van Nghia, Nguyen Nam Ha and Vu Thi Minh Hoa on November 25, 2025.分析記事 • Nov 20Appirits (TSE:4174) Will Pay A Dividend Of ¥14.00Appirits Inc.'s ( TSE:4174 ) investors are due to receive a payment of ¥14.00 per share on 13th of April. This will...分析記事 • Oct 11Appirits (TSE:4174) Has Announced A Dividend Of ¥14.00The board of Appirits Inc. ( TSE:4174 ) has announced that it will pay a dividend of ¥14.00 per share on the 13th of...Declared Dividend • Oct 11First half dividend of JP¥14.00 announcedShareholders will receive a dividend of JP¥14.00. Ex-date: 29th January 2026 Payment date: 13th April 2026 Dividend yield will be 4.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not covered by earnings (343% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 78% per year over the past 3 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 281% to bring the payout ratio under control. However, EPS has declined by 26% over the last 5 years so the company would need to reverse this trend.Reported Earnings • Sep 15Second quarter 2026 earnings released: JP¥6.44 loss per share (vs JP¥22.28 loss in 2Q 2025)Second quarter 2026 results: JP¥6.44 loss per share (improved from JP¥22.28 loss in 2Q 2025). Revenue: JP¥2.68b (up 29% from 2Q 2025). Net loss: JP¥26.0m (loss narrowed 72% from 2Q 2025).分析記事 • Sep 12We Think Appirits (TSE:4174) Can Stay On Top Of Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...New Risk • Sep 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 22% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.3% average weekly change). Market cap is less than US$100m (JP¥2.93b market cap, or US$19.8m).Upcoming Dividend • Jul 23Upcoming dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 30 July 2025. Payment date: 14 October 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.8%. Lower than top quartile of Japanese dividend payers (3.9%). Higher than average of industry peers (1.4%).分析記事 • Jul 17Appirits' (TSE:4174) Shareholders Will Receive A Bigger Dividend Than Last YearAppirits Inc. ( TSE:4174 ) will increase its dividend from last year's comparable payment on the 14th of October to...Reported Earnings • Jun 15First quarter 2026 earnings released: JP¥2.24 loss per share (vs JP¥18.42 profit in 1Q 2025)First quarter 2026 results: JP¥2.24 loss per share (down from JP¥18.42 profit in 1Q 2025). Revenue: JP¥2.48b (up 16% from 1Q 2025). Net loss: JP¥9.00m (down 112% from profit in 1Q 2025).分析記事 • May 08Appirits' (TSE:4174) Shareholders Will Receive A Bigger Dividend Than Last YearAppirits Inc.'s ( TSE:4174 ) dividend will be increasing from last year's payment of the same period to ¥14.00 on 14th...Declared Dividend • May 08Final dividend of JP¥14.00 announcedShareholders will receive a dividend of JP¥14.00. Ex-date: 30th July 2025 Payment date: 14th October 2025 Dividend yield will be 2.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not covered by earnings (101% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 78% per year over the past 3 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 12% to bring the payout ratio under control. However, EPS has declined by 17% over the last 5 years so the company would need to reverse this trend.分析記事 • Apr 16Appirits (TSE:4174) Has A Pretty Healthy Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥703, the stock trades at a trailing P/E ratio of 61.4x. Average trailing P/E is 15x in the IT industry in Japan. Total loss to shareholders of 43% over the past three years.Reported Earnings • Mar 18Full year 2025 earnings released: EPS: JP¥10.96 (vs JP¥94.25 in FY 2024)Full year 2025 results: EPS: JP¥10.96 (down from JP¥94.25 in FY 2024). Revenue: JP¥9.01b (up 6.9% from FY 2024). Net income: JP¥45.0m (down 88% from FY 2024). Profit margin: 0.5% (down from 4.6% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 4% per year.お知らせ • Mar 17Appirits Inc., Annual General Meeting, Apr 25, 2025Appirits Inc., Annual General Meeting, Apr 25, 2025.Upcoming Dividend • Jan 23Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 30 January 2025. Payment date: 11 April 2025. The company is paying out more than 100% of its profits and is paying out 90% of its cash flow. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%).分析記事 • Jan 17Appirits (TSE:4174) Is Due To Pay A Dividend Of ¥8.00Appirits Inc. ( TSE:4174 ) has announced that it will pay a dividend of ¥8.00 per share on the 11th of April. This will...お知らせ • Jan 17+ 2 more updatesAppirits Inc. to Report Q3, 2026 Results on Dec 12, 2025Appirits Inc. announced that they will report Q3, 2026 results on Dec 12, 2025分析記事 • Jan 03Appirits (TSE:4174) Has Announced A Dividend Of ¥8.00Appirits Inc.'s ( TSE:4174 ) investors are due to receive a payment of ¥8.00 per share on 11th of April. This will take...お知らせ • Jan 03Appirits Inc. to Report Fiscal Year 2025 Results on Mar 17, 2025Appirits Inc. announced that they will report fiscal year 2025 results on Mar 17, 2025Reported Earnings • Dec 15Third quarter 2025 earnings released: JP¥9.94 loss per share (vs JP¥29.24 profit in 3Q 2024)Third quarter 2025 results: JP¥9.94 loss per share (down from JP¥29.24 profit in 3Q 2024). Revenue: JP¥2.23b (up 2.4% from 3Q 2024). Net loss: JP¥41.0m (down 134% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 12% per year.New Risk • Nov 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (92% cash payout ratio). Share price has been volatile over the past 3 months (6.0% average weekly change). Market cap is less than US$100m (JP¥2.97b market cap, or US$19.2m).お知らせ • Oct 17Appirits Inc. (TSE:4174) announces an Equity Buyback for 150,000 shares, representing 3.63% for ¥180 million.Appirits Inc. (TSE:4174) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares, representing 3.63% of its share capital, for ¥180 million. The purpose of program is to enhancing shareholder returns. The program will expire on January 31, 2025. As of July 31, 2024, the company had 4,128,762 shares outstanding (excluding treasury shares) and 0 shares in treasury.分析記事 • Oct 14Appirits' (TSE:4174) Dividend Will Be ¥8.00The board of Appirits Inc. ( TSE:4174 ) has announced that it will pay a dividend of ¥8.00 per share on the 11th of...Declared Dividend • Oct 12First half dividend of JP¥8.00 announcedShareholders will receive a dividend of JP¥8.00. Ex-date: 30th January 2025 Payment date: 11th April 2025 Dividend yield will be 2.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (26% earnings payout ratio) but not adequately covered by cash flows (92% cash payout ratio). The dividend has increased by an average of 79% per year over the past 2 years and payments have been stable during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Oct 02Appirits Inc. (TSE:4174) agreed to acquire Quail, Inc.Appirits Inc. (TSE:4174) agreed to acquire Quail, Inc. on September 30, 2024.分析記事 • Sep 30Appirits' (TSE:4174) Dividend Will Be ¥8.00The board of Appirits Inc. ( TSE:4174 ) has announced that it will pay a dividend of ¥8.00 per share on the 11th of...お知らせ • Sep 28Appirits Inc. to Report Q3, 2025 Results on Dec 13, 2024Appirits Inc. announced that they will report Q3, 2025 results on Dec 13, 2024New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥2.98b market cap, or US$21.2m).分析記事 • Sep 16Appirits (TSE:4174) Has Announced A Dividend Of ¥8.00The board of Appirits Inc. ( TSE:4174 ) has announced that it will pay a dividend of ¥8.00 per share on the 11th of...Declared Dividend • Sep 15Dividend of JP¥8.00 announcedShareholders will receive a dividend of JP¥8.00. Ex-date: 30th January 2025 Payment date: 11th April 2025 Dividend yield will be 2.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 79% per year over the past 2 years and payments have been stable during that time. Earnings per share has grown by 28% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Sep 10Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥740, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 7.0% over the past three years.New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (JP¥2.97b market cap, or US$20.9m).Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to JP¥720, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 6.2% over the past three years.Upcoming Dividend • Jul 23Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 30 July 2024. Payment date: 15 October 2024. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (1.5%).分析記事 • Jul 22Appirits (TSE:4174) Will Pay A Larger Dividend Than Last Year At ¥8.00Appirits Inc. ( TSE:4174 ) has announced that it will be increasing its dividend from last year's comparable payment on...お知らせ • Jun 30Appirits Inc. to Report Q2, 2025 Results on Sep 13, 2024Appirits Inc. announced that they will report Q2, 2025 results on Sep 13, 2024分析記事 • Jun 24Appirits (TSE:4174) Is Increasing Its Dividend To ¥8.00The board of Appirits Inc. ( TSE:4174 ) has announced that it will be paying its dividend of ¥8.00 on the 15th of...Reported Earnings • Jun 16First quarter 2025 earnings released: EPS: JP¥18.42 (vs JP¥15.18 in 1Q 2024)First quarter 2025 results: EPS: JP¥18.42 (up from JP¥15.18 in 1Q 2024). Revenue: JP¥2.14b (up 6.2% from 1Q 2024). Net income: JP¥76.0m (up 23% from 1Q 2024). Profit margin: 3.6% (up from 3.1% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.4% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the IT industry in Japan.お知らせ • Jun 13+ 1 more updateAppirits Inc. Declares Dividend for the Fiscal Year Ending January 31, 2024, Payable on April 11, 2024; Provides Dividend Guidance for Second Quarter and Fiscal Year Ending January 31, 2025Appirits Inc. declared dividend of JPY 6.00 per share for the Fiscal year ending January 31, 2024 as compared to JPY 5.00 per share paid a year ago. Scheduled date for commencing dividend payments: April 11, 2024.The company also provided dividend guidance for second quarter and fiscal year ending January 31, 2025, For the second quarter, the company provided dividend guidance of JPY 8.00 as compared to JPY 6.00 per share paid a year ago.For the full year, the company provided dividend guidance of JPY 8.00 as compared to JPY 6.00 per share paid a year ago.分析記事 • Jun 09Appirits (TSE:4174) Is Paying Out A Larger Dividend Than Last YearAppirits Inc.'s ( TSE:4174 ) dividend will be increasing from last year's payment of the same period to ¥8.00 on 15th...分析記事 • May 26Appirits' (TSE:4174) Shareholders Will Receive A Bigger Dividend Than Last YearAppirits Inc. ( TSE:4174 ) will increase its dividend from last year's comparable payment on the 15th of October to...Declared Dividend • May 25Final dividend of JP¥8.00 announcedShareholders will receive a dividend of JP¥8.00. Ex-date: 30th July 2024 Payment date: 15th October 2024 Dividend yield will be 1.3%, which is lower than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 79% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 40% over the next 2 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Mar 31Appirits Inc. to Report Q1, 2025 Results on Jun 14, 2024Appirits Inc. announced that they will report Q1, 2025 results on Jun 14, 2024New Risk • Mar 28New 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 Market cap is less than US$100m (JP¥5.20b market cap, or US$34.4m).お知らせ • Mar 18Appirits Inc., Annual General Meeting, Apr 25, 2024Appirits Inc., Annual General Meeting, Apr 25, 2024.Reported Earnings • Mar 17Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: JP¥94.25 (up from JP¥52.17 in FY 2023). Revenue: JP¥8.43b (up 15% from FY 2023). Net income: JP¥386.0m (up 84% from FY 2023). Profit margin: 4.6% (up from 2.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) exceeded analyst estimates by 6.7%. Revenue is forecast to grow 9.1% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the IT industry in Japan.分析記事 • Feb 29A Look At The Fair Value Of Appirits Inc. (TSE:4174)Key Insights The projected fair value for Appirits is JP¥1,548 based on 2 Stage Free Cash Flow to Equity Appirits...Buy Or Sell Opportunity • Feb 21Now 20% undervaluedOver the last 90 days, the stock has risen 15% to JP¥1,230. The fair value is estimated to be JP¥1,547, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last year. Earnings per share has grown by 64%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 68% in the next 2 years.Upcoming Dividend • Jan 23Upcoming dividend of JP¥6.00 per share at 1.0% yieldEligible shareholders must have bought the stock before 30 January 2024. Payment date: 15 April 2024. Payout ratio is a comfortable 6.6% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (1.4%).Valuation Update With 7 Day Price Move • Jan 22Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥1,253, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 19x in the IT industry in Japan. Total returns to shareholders of 2.6% over the past year.New Risk • Jan 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (5.7% average weekly change). Market cap is less than US$100m (JP¥4.73b market cap, or US$32.0m).お知らせ • Dec 29Appirits Inc. to Report Fiscal Year 2024 Results on Mar 15, 2024Appirits Inc. announced that they will report fiscal year 2024 results on Mar 15, 2024Reported Earnings • Dec 16Third quarter 2024 earnings released: EPS: JP¥29.24 (vs JP¥9.62 in 3Q 2023)Third quarter 2024 results: EPS: JP¥29.24 (up from JP¥9.62 in 3Q 2023). Revenue: JP¥2.18b (up 5.8% from 3Q 2023). Net income: JP¥120.0m (up 208% from 3Q 2023). Profit margin: 5.5% (up from 1.9% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.4% 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 • Dec 01Appirits Inc. Provides Earnings Guidance for the Full Year Ending January 31, 2024Appirits Inc. provided earnings guidance for the Full year ending January 31, 2024. For the year, the company expects total revenue of JPY 8,734 million, Operating profit of JPY 550 million, Profit attributable to owners of parent JPY 327 million, Basic earnings per share of JPY 81.32.New Risk • Oct 21New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.8% 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 Less than 3 years of financial data is available. Shareholders have been diluted in the past year (2.8% increase in shares outstanding). Market cap is less than US$100m (JP¥4.18b market cap, or US$27.9m).Reported Earnings • Sep 16Second quarter 2024 earnings releasedSecond quarter 2024 results: EPS: JP¥21.71. Net income: JP¥89.0m (up JP¥89.0m from 2Q 2023). Revenue is forecast to grow 7.8% 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 • Sep 16Appirits Inc. (TSE:4174) announces an Equity Buyback for 50,000 shares, representing 1.2% for ¥80 million.Appirits Inc. (TSE:4174) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 1.20% of its share capital, for ¥80 million. The company will repurchase its shares in order to utilize treasury stock for M&A, etc., as well as for the 30% total return ratio set forth in his dividend policy.. The program will expire on March 15, 2024. As of July 31, 2023, the company had 4,151,400 shares outstanding (excluding treasury shares) and 50,038 shares in treasury.お知らせ • Jul 29+ 1 more updateAppirits Inc. to Report Q2, 2024 Results on Sep 14, 2023Appirits Inc. announced that they will report Q2, 2024 results on Sep 14, 2023Upcoming Dividend • Jul 21Upcoming dividend of JP¥6.00 per share at 1.1% yieldEligible shareholders must have bought the stock before 28 July 2023. Payment date: 13 October 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.6%).Reported Earnings • Jun 16First quarter 2024 earnings releasedFirst quarter 2024 results: EPS: JP¥15.18. Net income: JP¥62.0m (up JP¥62.0m from 1Q 2023). Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the IT industry in Japan.New Risk • Jun 15New 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 8.2% 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 (8.2% average weekly change). Minor Risks Less than 3 years of financial data is available. Shareholders have been diluted in the past year (2.6% increase in shares outstanding). Market cap is less than US$100m (JP¥4.47b market cap, or US$32.0m).Reported Earnings • May 03Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: JP¥52.17 (up from JP¥28.32 in FY 2022). Revenue: JP¥7.32b (up 53% from FY 2022). Net income: JP¥210.0m (up 93% from FY 2022). Profit margin: 2.9% (up from 2.3% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 28%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the IT industry in Japan.Valuation Update With 7 Day Price Move • Mar 24Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to JP¥969, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 17x in the IT industry in Japan. Negligible returns to shareholders over past year.お知らせ • Jan 28Appirits Inc. to Report Fiscal Year 2023 Results on Mar 17, 2023Appirits Inc. announced that they will report fiscal year 2023 results on Mar 17, 2023Upcoming Dividend • Jan 23Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 30 January 2023. Payment date: 12 April 2023. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.7%).Valuation Update With 7 Day Price Move • Dec 20Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to JP¥1,116, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 18x in the IT industry in Japan. Total returns to shareholders of 87% over the past year.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Outside Director Kenichi Kitou was the last independent director to join the board, commencing their role in 2004. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Buying Opportunity • Oct 21Now 20% undervaluedOver the last 90 days, the stock is up 18%. The fair value is estimated to be JP¥1,571, however this is not to be taken as a buy recommendation but rather should be used as a guide only.お知らせ • Oct 05Appirits Inc. to Report Q3, 2023 Results on Dec 15, 2022Appirits Inc. announced that they will report Q3, 2023 results on Dec 15, 2022Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to JP¥1,011, the stock trades at a trailing P/E ratio of 37.7x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 25% over the past year.お知らせ • Sep 14Appirits Inc. (TSE:4174) announces an Equity Buyback for 50,000 shares, representing 1.23% for ¥70 million.Appirits Inc. (TSE:4174) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 1.23% of its share capital, for ¥70 million. The company will repurchase its shares in order to obtain a positive commitment to improving the corporate value of the Company by utilizing treasury stock for M&A, etc. and for stock compensation for officers and employees of the Group. The program will expire on March 13, 2023. As of July 31, 2022, the company had 4,068,900 shares outstanding (excluding treasury shares) and no shares in treasury.Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥1,165, the stock trades at a trailing P/E ratio of 43.5x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 48% over the past year.Valuation Update With 7 Day Price Move • Aug 17Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥1,028, the stock trades at a trailing P/E ratio of 37.6x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 50% over the past year.Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥1,068, the stock trades at a trailing P/E ratio of 39x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 17% over the past year.お知らせ • Jul 02Appirits Inc. to Report Q2, 2023 Results on Sep 14, 2022Appirits Inc. announced that they will report Q2, 2023 results on Sep 14, 2022Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to JP¥1,010, the stock trades at a trailing P/E ratio of 36.9x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 7.5% over the past year.Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 21% share price gain to JP¥1,206, the stock trades at a trailing P/E ratio of 44.1x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 12% over the past year.Board Change • Apr 27Less 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. 5 experienced directors. 3 highly experienced directors. 1 independent director (3 non-independent directors). Independent Outside Director Kenichi Kitou was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Apr 08Appirits Inc. to Report Fiscal Year 2022 Results on Apr 26, 2022Appirits Inc. announced that they will report fiscal year 2022 results on Apr 26, 2022Reported Earnings • Mar 18Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: JP¥28.32 (down from JP¥117 in FY 2021). Revenue: JP¥4.80b (up 23% from FY 2021). Net income: JP¥109.0m (down 13% from FY 2021). Profit margin: 2.3% (down from 3.2% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates.Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improved over the past weekAfter last week's 23% share price gain to JP¥935, the stock trades at a trailing P/E ratio of 41x. Average trailing P/E is 17x in the IT industry in Japan. Total loss to shareholders of 34% over the past year.Buying Opportunity • Mar 07Now 25% undervaluedOver the last 90 days, the stock is up 32%. The fair value is estimated to be JP¥990, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% per annum over the last 3 years. Earnings per share has been flat over the last 3 years.Valuation Update With 7 Day Price Move • Feb 21Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to JP¥763, the stock trades at a trailing P/E ratio of 33.5x. Average trailing P/E is 17x in the IT industry in Japan.Buying Opportunity • Feb 18Now 20% undervaluedOver the last 90 days, the stock is up 38%. The fair value is estimated to be JP¥993, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% per annum over the last 3 years. Earnings per share has been flat over the last 3 years.収支内訳Appirits 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:4174 収益、費用、利益 ( )JPY Millions日付収益収益G+A経費研究開発費31 Jan 269,955-4651,855031 Oct 2510,174-211,845031 Jul 259,943261,805030 Apr 259,347-401,789031 Jan 259,008451,707031 Oct 248,564571,617031 Jul 248,5112191,523030 Apr 248,5514001,452031 Jan 248,4273861,432031 Oct 238,3773101,415031 Jul 238,3292691,406030 Apr 237,9622321,368031 Jan 237,3232101,291031 Jan 224,7951099570質の高い収益: 4174は現在利益が出ていません。利益率の向上: 4174は現在利益が出ていません。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: 4174は利益が出ておらず、過去 5 年間で損失は年間60%の割合で増加しています。成長の加速: 4174の過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: 4174は利益が出ていないため、過去 1 年間の収益成長をIT業界 ( 16.4% ) と比較することは困難です。株主資本利益率高いROE: 4174は現在利益が出ていないため、自己資本利益率 ( -25% ) はマイナスです。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2026/05/09 17:35終値2026/05/08 00:00収益2026/01/31年間収益2026/01/31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Appirits 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Michihiro AshiyaMizuho Securities Co., Ltd.Atsushi OhmachiThe Stock Research Center
Reported Earnings • Mar 19Full year 2026 earnings released: JP¥115 loss per share (vs JP¥10.96 profit in FY 2025)Full year 2026 results: JP¥115 loss per share (down from JP¥10.96 profit in FY 2025). Revenue: JP¥9.96b (up 11% from FY 2025). Net loss: JP¥465.0m (down JP¥510.0m from profit in FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.
お知らせ • Dec 30Appirits Inc. to Report Fiscal Year 2026 Results on Mar 17, 2026Appirits Inc. announced that they will report fiscal year 2026 results on Mar 17, 2026
Reported Earnings • Dec 13Third quarter 2026 earnings released: JP¥21.90 loss per share (vs JP¥9.90 loss in 3Q 2025)Third quarter 2026 results: JP¥21.90 loss per share (further deteriorated from JP¥9.90 loss in 3Q 2025). Revenue: JP¥2.46b (up 10% from 3Q 2025). Net loss: JP¥88.5m (loss widened 117% from 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance.
Reported Earnings • Sep 15Second quarter 2026 earnings released: JP¥6.44 loss per share (vs JP¥22.28 loss in 2Q 2025)Second quarter 2026 results: JP¥6.44 loss per share (improved from JP¥22.28 loss in 2Q 2025). Revenue: JP¥2.68b (up 29% from 2Q 2025). Net loss: JP¥26.0m (loss narrowed 72% from 2Q 2025).
Reported Earnings • Jun 15First quarter 2026 earnings released: JP¥2.24 loss per share (vs JP¥18.42 profit in 1Q 2025)First quarter 2026 results: JP¥2.24 loss per share (down from JP¥18.42 profit in 1Q 2025). Revenue: JP¥2.48b (up 16% from 1Q 2025). Net loss: JP¥9.00m (down 112% from profit in 1Q 2025).
Reported Earnings • Mar 18Full year 2025 earnings released: EPS: JP¥10.96 (vs JP¥94.25 in FY 2024)Full year 2025 results: EPS: JP¥10.96 (down from JP¥94.25 in FY 2024). Revenue: JP¥9.01b (up 6.9% from FY 2024). Net income: JP¥45.0m (down 88% from FY 2024). Profit margin: 0.5% (down from 4.6% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 4% per year.
Reported Earnings • Mar 19Full year 2026 earnings released: JP¥115 loss per share (vs JP¥10.96 profit in FY 2025)Full year 2026 results: JP¥115 loss per share (down from JP¥10.96 profit in FY 2025). Revenue: JP¥9.96b (up 11% from FY 2025). Net loss: JP¥465.0m (down JP¥510.0m from profit in FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 17Appirits Inc., Annual General Meeting, Apr 28, 2026Appirits Inc., Annual General Meeting, Apr 28, 2026.
Upcoming Dividend • Jan 22Upcoming dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 29 January 2026. Payment date: 13 April 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.2%).
分析記事 • Jan 13Appirits (TSE:4174) Is Due To Pay A Dividend Of ¥14.00Appirits Inc.'s ( TSE:4174 ) investors are due to receive a payment of ¥14.00 per share on 13th of April. This will...
分析記事 • Dec 30Appirits (TSE:4174) Will Pay A Dividend Of ¥14.00The board of Appirits Inc. ( TSE:4174 ) has announced that it will pay a dividend of ¥14.00 per share on the 13th of...
お知らせ • Dec 30Appirits Inc. to Report Fiscal Year 2026 Results on Mar 17, 2026Appirits Inc. announced that they will report fiscal year 2026 results on Mar 17, 2026
Reported Earnings • Dec 13Third quarter 2026 earnings released: JP¥21.90 loss per share (vs JP¥9.90 loss in 3Q 2025)Third quarter 2026 results: JP¥21.90 loss per share (further deteriorated from JP¥9.90 loss in 3Q 2025). Revenue: JP¥2.46b (up 10% from 3Q 2025). Net loss: JP¥88.5m (loss widened 117% from 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance.
分析記事 • Dec 04Appirits' (TSE:4174) Dividend Will Be ¥14.00Appirits Inc. ( TSE:4174 ) will pay a dividend of ¥14.00 on the 13th of April. This will take the dividend yield to an...
お知らせ • Nov 27Appirits Inc. (TSE:4174) completed the acquisition of Bunbu Joint Stock Company from Le Van Nghia, Nguyen Nam Ha and Vu Thi Minh Hoa.Appirits Inc. (TSE:4174) agreed to acquire Bunbu Joint Stock Company from Le Van Nghia, Nguyen Nam Ha and Vu Thi Minh Hoa for VND 35.4 billion on August 29, 2025. As reported, cash consideration of VND 25,634 million will be paid for Bunbu common shares and in addition, an earn-out of up to VND 9,787 million will be paid depending on the performance achievement level from the fiscal year ending December 2026 to the fiscal year ending December 2027. For the period ending December 31, 2024, Bunbu Joint Stock Company reported total revenue of VND 15.51 billion, operating profit of VND 6.36 billion and net profit of VND 6.03 billion. As of December 31, 2024, Bunbu Joint Stock Company reported total assets of VND 23.91 billion and total common equity of VND 22.38 billion. The expected completion of the transaction is November 2025. Appirits Inc. (TSE:4174) completed the acquisition of Bunbu Joint Stock Company from Le Van Nghia, Nguyen Nam Ha and Vu Thi Minh Hoa on November 25, 2025.
分析記事 • Nov 20Appirits (TSE:4174) Will Pay A Dividend Of ¥14.00Appirits Inc.'s ( TSE:4174 ) investors are due to receive a payment of ¥14.00 per share on 13th of April. This will...
分析記事 • Oct 11Appirits (TSE:4174) Has Announced A Dividend Of ¥14.00The board of Appirits Inc. ( TSE:4174 ) has announced that it will pay a dividend of ¥14.00 per share on the 13th of...
Declared Dividend • Oct 11First half dividend of JP¥14.00 announcedShareholders will receive a dividend of JP¥14.00. Ex-date: 29th January 2026 Payment date: 13th April 2026 Dividend yield will be 4.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not covered by earnings (343% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 78% per year over the past 3 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 281% to bring the payout ratio under control. However, EPS has declined by 26% over the last 5 years so the company would need to reverse this trend.
Reported Earnings • Sep 15Second quarter 2026 earnings released: JP¥6.44 loss per share (vs JP¥22.28 loss in 2Q 2025)Second quarter 2026 results: JP¥6.44 loss per share (improved from JP¥22.28 loss in 2Q 2025). Revenue: JP¥2.68b (up 29% from 2Q 2025). Net loss: JP¥26.0m (loss narrowed 72% from 2Q 2025).
分析記事 • Sep 12We Think Appirits (TSE:4174) Can Stay On Top Of Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
New Risk • Sep 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 22% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.3% average weekly change). Market cap is less than US$100m (JP¥2.93b market cap, or US$19.8m).
Upcoming Dividend • Jul 23Upcoming dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 30 July 2025. Payment date: 14 October 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.8%. Lower than top quartile of Japanese dividend payers (3.9%). Higher than average of industry peers (1.4%).
分析記事 • Jul 17Appirits' (TSE:4174) Shareholders Will Receive A Bigger Dividend Than Last YearAppirits Inc. ( TSE:4174 ) will increase its dividend from last year's comparable payment on the 14th of October to...
Reported Earnings • Jun 15First quarter 2026 earnings released: JP¥2.24 loss per share (vs JP¥18.42 profit in 1Q 2025)First quarter 2026 results: JP¥2.24 loss per share (down from JP¥18.42 profit in 1Q 2025). Revenue: JP¥2.48b (up 16% from 1Q 2025). Net loss: JP¥9.00m (down 112% from profit in 1Q 2025).
分析記事 • May 08Appirits' (TSE:4174) Shareholders Will Receive A Bigger Dividend Than Last YearAppirits Inc.'s ( TSE:4174 ) dividend will be increasing from last year's payment of the same period to ¥14.00 on 14th...
Declared Dividend • May 08Final dividend of JP¥14.00 announcedShareholders will receive a dividend of JP¥14.00. Ex-date: 30th July 2025 Payment date: 14th October 2025 Dividend yield will be 2.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not covered by earnings (101% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 78% per year over the past 3 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 12% to bring the payout ratio under control. However, EPS has declined by 17% over the last 5 years so the company would need to reverse this trend.
分析記事 • Apr 16Appirits (TSE:4174) Has A Pretty Healthy Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥703, the stock trades at a trailing P/E ratio of 61.4x. Average trailing P/E is 15x in the IT industry in Japan. Total loss to shareholders of 43% over the past three years.
Reported Earnings • Mar 18Full year 2025 earnings released: EPS: JP¥10.96 (vs JP¥94.25 in FY 2024)Full year 2025 results: EPS: JP¥10.96 (down from JP¥94.25 in FY 2024). Revenue: JP¥9.01b (up 6.9% from FY 2024). Net income: JP¥45.0m (down 88% from FY 2024). Profit margin: 0.5% (down from 4.6% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 4% per year.
お知らせ • Mar 17Appirits Inc., Annual General Meeting, Apr 25, 2025Appirits Inc., Annual General Meeting, Apr 25, 2025.
Upcoming Dividend • Jan 23Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 30 January 2025. Payment date: 11 April 2025. The company is paying out more than 100% of its profits and is paying out 90% of its cash flow. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%).
分析記事 • Jan 17Appirits (TSE:4174) Is Due To Pay A Dividend Of ¥8.00Appirits Inc. ( TSE:4174 ) has announced that it will pay a dividend of ¥8.00 per share on the 11th of April. This will...
お知らせ • Jan 17+ 2 more updatesAppirits Inc. to Report Q3, 2026 Results on Dec 12, 2025Appirits Inc. announced that they will report Q3, 2026 results on Dec 12, 2025
分析記事 • Jan 03Appirits (TSE:4174) Has Announced A Dividend Of ¥8.00Appirits Inc.'s ( TSE:4174 ) investors are due to receive a payment of ¥8.00 per share on 11th of April. This will take...
お知らせ • Jan 03Appirits Inc. to Report Fiscal Year 2025 Results on Mar 17, 2025Appirits Inc. announced that they will report fiscal year 2025 results on Mar 17, 2025
Reported Earnings • Dec 15Third quarter 2025 earnings released: JP¥9.94 loss per share (vs JP¥29.24 profit in 3Q 2024)Third quarter 2025 results: JP¥9.94 loss per share (down from JP¥29.24 profit in 3Q 2024). Revenue: JP¥2.23b (up 2.4% from 3Q 2024). Net loss: JP¥41.0m (down 134% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 12% per year.
New Risk • Nov 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (92% cash payout ratio). Share price has been volatile over the past 3 months (6.0% average weekly change). Market cap is less than US$100m (JP¥2.97b market cap, or US$19.2m).
お知らせ • Oct 17Appirits Inc. (TSE:4174) announces an Equity Buyback for 150,000 shares, representing 3.63% for ¥180 million.Appirits Inc. (TSE:4174) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares, representing 3.63% of its share capital, for ¥180 million. The purpose of program is to enhancing shareholder returns. The program will expire on January 31, 2025. As of July 31, 2024, the company had 4,128,762 shares outstanding (excluding treasury shares) and 0 shares in treasury.
分析記事 • Oct 14Appirits' (TSE:4174) Dividend Will Be ¥8.00The board of Appirits Inc. ( TSE:4174 ) has announced that it will pay a dividend of ¥8.00 per share on the 11th of...
Declared Dividend • Oct 12First half dividend of JP¥8.00 announcedShareholders will receive a dividend of JP¥8.00. Ex-date: 30th January 2025 Payment date: 11th April 2025 Dividend yield will be 2.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (26% earnings payout ratio) but not adequately covered by cash flows (92% cash payout ratio). The dividend has increased by an average of 79% per year over the past 2 years and payments have been stable during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Oct 02Appirits Inc. (TSE:4174) agreed to acquire Quail, Inc.Appirits Inc. (TSE:4174) agreed to acquire Quail, Inc. on September 30, 2024.
分析記事 • Sep 30Appirits' (TSE:4174) Dividend Will Be ¥8.00The board of Appirits Inc. ( TSE:4174 ) has announced that it will pay a dividend of ¥8.00 per share on the 11th of...
お知らせ • Sep 28Appirits Inc. to Report Q3, 2025 Results on Dec 13, 2024Appirits Inc. announced that they will report Q3, 2025 results on Dec 13, 2024
New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥2.98b market cap, or US$21.2m).
分析記事 • Sep 16Appirits (TSE:4174) Has Announced A Dividend Of ¥8.00The board of Appirits Inc. ( TSE:4174 ) has announced that it will pay a dividend of ¥8.00 per share on the 11th of...
Declared Dividend • Sep 15Dividend of JP¥8.00 announcedShareholders will receive a dividend of JP¥8.00. Ex-date: 30th January 2025 Payment date: 11th April 2025 Dividend yield will be 2.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 79% per year over the past 2 years and payments have been stable during that time. Earnings per share has grown by 28% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Sep 10Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥740, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 7.0% over the past three years.
New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (JP¥2.97b market cap, or US$20.9m).
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to JP¥720, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 6.2% over the past three years.
Upcoming Dividend • Jul 23Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 30 July 2024. Payment date: 15 October 2024. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (1.5%).
分析記事 • Jul 22Appirits (TSE:4174) Will Pay A Larger Dividend Than Last Year At ¥8.00Appirits Inc. ( TSE:4174 ) has announced that it will be increasing its dividend from last year's comparable payment on...
お知らせ • Jun 30Appirits Inc. to Report Q2, 2025 Results on Sep 13, 2024Appirits Inc. announced that they will report Q2, 2025 results on Sep 13, 2024
分析記事 • Jun 24Appirits (TSE:4174) Is Increasing Its Dividend To ¥8.00The board of Appirits Inc. ( TSE:4174 ) has announced that it will be paying its dividend of ¥8.00 on the 15th of...
Reported Earnings • Jun 16First quarter 2025 earnings released: EPS: JP¥18.42 (vs JP¥15.18 in 1Q 2024)First quarter 2025 results: EPS: JP¥18.42 (up from JP¥15.18 in 1Q 2024). Revenue: JP¥2.14b (up 6.2% from 1Q 2024). Net income: JP¥76.0m (up 23% from 1Q 2024). Profit margin: 3.6% (up from 3.1% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.4% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the IT industry in Japan.
お知らせ • Jun 13+ 1 more updateAppirits Inc. Declares Dividend for the Fiscal Year Ending January 31, 2024, Payable on April 11, 2024; Provides Dividend Guidance for Second Quarter and Fiscal Year Ending January 31, 2025Appirits Inc. declared dividend of JPY 6.00 per share for the Fiscal year ending January 31, 2024 as compared to JPY 5.00 per share paid a year ago. Scheduled date for commencing dividend payments: April 11, 2024.The company also provided dividend guidance for second quarter and fiscal year ending January 31, 2025, For the second quarter, the company provided dividend guidance of JPY 8.00 as compared to JPY 6.00 per share paid a year ago.For the full year, the company provided dividend guidance of JPY 8.00 as compared to JPY 6.00 per share paid a year ago.
分析記事 • Jun 09Appirits (TSE:4174) Is Paying Out A Larger Dividend Than Last YearAppirits Inc.'s ( TSE:4174 ) dividend will be increasing from last year's payment of the same period to ¥8.00 on 15th...
分析記事 • May 26Appirits' (TSE:4174) Shareholders Will Receive A Bigger Dividend Than Last YearAppirits Inc. ( TSE:4174 ) will increase its dividend from last year's comparable payment on the 15th of October to...
Declared Dividend • May 25Final dividend of JP¥8.00 announcedShareholders will receive a dividend of JP¥8.00. Ex-date: 30th July 2024 Payment date: 15th October 2024 Dividend yield will be 1.3%, which is lower than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 79% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 40% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 31Appirits Inc. to Report Q1, 2025 Results on Jun 14, 2024Appirits Inc. announced that they will report Q1, 2025 results on Jun 14, 2024
New Risk • Mar 28New 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 Market cap is less than US$100m (JP¥5.20b market cap, or US$34.4m).
お知らせ • Mar 18Appirits Inc., Annual General Meeting, Apr 25, 2024Appirits Inc., Annual General Meeting, Apr 25, 2024.
Reported Earnings • Mar 17Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: JP¥94.25 (up from JP¥52.17 in FY 2023). Revenue: JP¥8.43b (up 15% from FY 2023). Net income: JP¥386.0m (up 84% from FY 2023). Profit margin: 4.6% (up from 2.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) exceeded analyst estimates by 6.7%. Revenue is forecast to grow 9.1% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the IT industry in Japan.
分析記事 • Feb 29A Look At The Fair Value Of Appirits Inc. (TSE:4174)Key Insights The projected fair value for Appirits is JP¥1,548 based on 2 Stage Free Cash Flow to Equity Appirits...
Buy Or Sell Opportunity • Feb 21Now 20% undervaluedOver the last 90 days, the stock has risen 15% to JP¥1,230. The fair value is estimated to be JP¥1,547, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last year. Earnings per share has grown by 64%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 68% in the next 2 years.
Upcoming Dividend • Jan 23Upcoming dividend of JP¥6.00 per share at 1.0% yieldEligible shareholders must have bought the stock before 30 January 2024. Payment date: 15 April 2024. Payout ratio is a comfortable 6.6% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (1.4%).
Valuation Update With 7 Day Price Move • Jan 22Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥1,253, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 19x in the IT industry in Japan. Total returns to shareholders of 2.6% over the past year.
New Risk • Jan 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (5.7% average weekly change). Market cap is less than US$100m (JP¥4.73b market cap, or US$32.0m).
お知らせ • Dec 29Appirits Inc. to Report Fiscal Year 2024 Results on Mar 15, 2024Appirits Inc. announced that they will report fiscal year 2024 results on Mar 15, 2024
Reported Earnings • Dec 16Third quarter 2024 earnings released: EPS: JP¥29.24 (vs JP¥9.62 in 3Q 2023)Third quarter 2024 results: EPS: JP¥29.24 (up from JP¥9.62 in 3Q 2023). Revenue: JP¥2.18b (up 5.8% from 3Q 2023). Net income: JP¥120.0m (up 208% from 3Q 2023). Profit margin: 5.5% (up from 1.9% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.4% 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 • Dec 01Appirits Inc. Provides Earnings Guidance for the Full Year Ending January 31, 2024Appirits Inc. provided earnings guidance for the Full year ending January 31, 2024. For the year, the company expects total revenue of JPY 8,734 million, Operating profit of JPY 550 million, Profit attributable to owners of parent JPY 327 million, Basic earnings per share of JPY 81.32.
New Risk • Oct 21New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.8% 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 Less than 3 years of financial data is available. Shareholders have been diluted in the past year (2.8% increase in shares outstanding). Market cap is less than US$100m (JP¥4.18b market cap, or US$27.9m).
Reported Earnings • Sep 16Second quarter 2024 earnings releasedSecond quarter 2024 results: EPS: JP¥21.71. Net income: JP¥89.0m (up JP¥89.0m from 2Q 2023). Revenue is forecast to grow 7.8% 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 • Sep 16Appirits Inc. (TSE:4174) announces an Equity Buyback for 50,000 shares, representing 1.2% for ¥80 million.Appirits Inc. (TSE:4174) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 1.20% of its share capital, for ¥80 million. The company will repurchase its shares in order to utilize treasury stock for M&A, etc., as well as for the 30% total return ratio set forth in his dividend policy.. The program will expire on March 15, 2024. As of July 31, 2023, the company had 4,151,400 shares outstanding (excluding treasury shares) and 50,038 shares in treasury.
お知らせ • Jul 29+ 1 more updateAppirits Inc. to Report Q2, 2024 Results on Sep 14, 2023Appirits Inc. announced that they will report Q2, 2024 results on Sep 14, 2023
Upcoming Dividend • Jul 21Upcoming dividend of JP¥6.00 per share at 1.1% yieldEligible shareholders must have bought the stock before 28 July 2023. Payment date: 13 October 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.6%).
Reported Earnings • Jun 16First quarter 2024 earnings releasedFirst quarter 2024 results: EPS: JP¥15.18. Net income: JP¥62.0m (up JP¥62.0m from 1Q 2023). Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the IT industry in Japan.
New Risk • Jun 15New 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 8.2% 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 (8.2% average weekly change). Minor Risks Less than 3 years of financial data is available. Shareholders have been diluted in the past year (2.6% increase in shares outstanding). Market cap is less than US$100m (JP¥4.47b market cap, or US$32.0m).
Reported Earnings • May 03Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: JP¥52.17 (up from JP¥28.32 in FY 2022). Revenue: JP¥7.32b (up 53% from FY 2022). Net income: JP¥210.0m (up 93% from FY 2022). Profit margin: 2.9% (up from 2.3% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 28%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the IT industry in Japan.
Valuation Update With 7 Day Price Move • Mar 24Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to JP¥969, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 17x in the IT industry in Japan. Negligible returns to shareholders over past year.
お知らせ • Jan 28Appirits Inc. to Report Fiscal Year 2023 Results on Mar 17, 2023Appirits Inc. announced that they will report fiscal year 2023 results on Mar 17, 2023
Upcoming Dividend • Jan 23Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 30 January 2023. Payment date: 12 April 2023. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.7%).
Valuation Update With 7 Day Price Move • Dec 20Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to JP¥1,116, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 18x in the IT industry in Japan. Total returns to shareholders of 87% over the past year.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Outside Director Kenichi Kitou was the last independent director to join the board, commencing their role in 2004. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Oct 21Now 20% undervaluedOver the last 90 days, the stock is up 18%. The fair value is estimated to be JP¥1,571, however this is not to be taken as a buy recommendation but rather should be used as a guide only.
お知らせ • Oct 05Appirits Inc. to Report Q3, 2023 Results on Dec 15, 2022Appirits Inc. announced that they will report Q3, 2023 results on Dec 15, 2022
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to JP¥1,011, the stock trades at a trailing P/E ratio of 37.7x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 25% over the past year.
お知らせ • Sep 14Appirits Inc. (TSE:4174) announces an Equity Buyback for 50,000 shares, representing 1.23% for ¥70 million.Appirits Inc. (TSE:4174) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 1.23% of its share capital, for ¥70 million. The company will repurchase its shares in order to obtain a positive commitment to improving the corporate value of the Company by utilizing treasury stock for M&A, etc. and for stock compensation for officers and employees of the Group. The program will expire on March 13, 2023. As of July 31, 2022, the company had 4,068,900 shares outstanding (excluding treasury shares) and no shares in treasury.
Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥1,165, the stock trades at a trailing P/E ratio of 43.5x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 48% over the past year.
Valuation Update With 7 Day Price Move • Aug 17Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥1,028, the stock trades at a trailing P/E ratio of 37.6x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 50% over the past year.
Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥1,068, the stock trades at a trailing P/E ratio of 39x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 17% over the past year.
お知らせ • Jul 02Appirits Inc. to Report Q2, 2023 Results on Sep 14, 2022Appirits Inc. announced that they will report Q2, 2023 results on Sep 14, 2022
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to JP¥1,010, the stock trades at a trailing P/E ratio of 36.9x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 7.5% over the past year.
Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 21% share price gain to JP¥1,206, the stock trades at a trailing P/E ratio of 44.1x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 12% over the past year.
Board Change • Apr 27Less 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. 5 experienced directors. 3 highly experienced directors. 1 independent director (3 non-independent directors). Independent Outside Director Kenichi Kitou was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Apr 08Appirits Inc. to Report Fiscal Year 2022 Results on Apr 26, 2022Appirits Inc. announced that they will report fiscal year 2022 results on Apr 26, 2022
Reported Earnings • Mar 18Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: JP¥28.32 (down from JP¥117 in FY 2021). Revenue: JP¥4.80b (up 23% from FY 2021). Net income: JP¥109.0m (down 13% from FY 2021). Profit margin: 2.3% (down from 3.2% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates.
Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improved over the past weekAfter last week's 23% share price gain to JP¥935, the stock trades at a trailing P/E ratio of 41x. Average trailing P/E is 17x in the IT industry in Japan. Total loss to shareholders of 34% over the past year.
Buying Opportunity • Mar 07Now 25% undervaluedOver the last 90 days, the stock is up 32%. The fair value is estimated to be JP¥990, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% per annum over the last 3 years. Earnings per share has been flat over the last 3 years.
Valuation Update With 7 Day Price Move • Feb 21Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to JP¥763, the stock trades at a trailing P/E ratio of 33.5x. Average trailing P/E is 17x in the IT industry in Japan.
Buying Opportunity • Feb 18Now 20% undervaluedOver the last 90 days, the stock is up 38%. The fair value is estimated to be JP¥993, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% per annum over the last 3 years. Earnings per share has been flat over the last 3 years.