View Future GrowthTeamSpirit 過去の業績過去 基準チェック /46TeamSpiritは、平均年間9.3%の収益成長を遂げていますが、 Software業界の収益は、年間 成長しています。収益は、平均年間13.5% 13.7%収益成長率で 成長しています。 TeamSpiritの自己資本利益率は34.2%であり、純利益率は7.5%です。主要情報9.34%収益成長率9.09%EPS成長率Software 業界の成長12.13%収益成長率13.71%株主資本利益率34.23%ネット・マージン7.46%次回の業績アップデート15 Jul 2026最近の業績更新Reported Earnings • Apr 14Second quarter 2026 earnings released: EPS: JP¥5.08 (vs JP¥4.38 in 2Q 2025)Second quarter 2026 results: EPS: JP¥5.08 (up from JP¥4.38 in 2Q 2025). Revenue: JP¥1.47b (up 26% from 2Q 2025). Net income: JP¥79.6m (up 10% from 2Q 2025). Profit margin: 5.4% (down from 6.2% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Apr 03TeamSpirit Inc. to Report Q2, 2026 Results on Apr 13, 2026TeamSpirit Inc. announced that they will report Q2, 2026 results on Apr 13, 2026Reported Earnings • Jan 15First quarter 2026 earnings released: EPS: JP¥4.67 (vs JP¥2.30 in 1Q 2025)First quarter 2026 results: EPS: JP¥4.67 (up from JP¥2.30 in 1Q 2025). Revenue: JP¥1.41b (up 23% from 1Q 2025). Net income: JP¥77.0m (up 104% from 1Q 2025). Profit margin: 5.5% (up from 3.3% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 27TeamSpirit Inc. to Report Q1, 2026 Results on Jan 14, 2026TeamSpirit Inc. announced that they will report Q1, 2026 results on Jan 14, 2026Reported Earnings • Oct 16Full year 2025 earnings released: EPS: JP¥22.01 (vs JP¥10.96 loss in FY 2024)Full year 2025 results: EPS: JP¥22.01 (up from JP¥10.96 loss in FY 2024). Revenue: JP¥4.92b (up 11% from FY 2024). Net income: JP¥362.7m (up JP¥542.7m from FY 2024). Profit margin: 7.4% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 04TeamSpirit Inc. to Report Fiscal Year 2025 Results on Oct 15, 2025TeamSpirit Inc. announced that they will report fiscal year 2025 results on Oct 15, 2025すべての更新を表示Recent updatesReported Earnings • Apr 14Second quarter 2026 earnings released: EPS: JP¥5.08 (vs JP¥4.38 in 2Q 2025)Second quarter 2026 results: EPS: JP¥5.08 (up from JP¥4.38 in 2Q 2025). Revenue: JP¥1.47b (up 26% from 2Q 2025). Net income: JP¥79.6m (up 10% from 2Q 2025). Profit margin: 5.4% (down from 6.2% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Apr 03TeamSpirit Inc. to Report Q2, 2026 Results on Apr 13, 2026TeamSpirit Inc. announced that they will report Q2, 2026 results on Apr 13, 2026Buy Or Sell Opportunity • Feb 09Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 10% to JP¥454. The fair value is estimated to be JP¥575, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable.Board Change • Feb 01Insufficient new 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. CEO & Chairman Kazuyoshi Michishita was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Jan 15First quarter 2026 earnings released: EPS: JP¥4.67 (vs JP¥2.30 in 1Q 2025)First quarter 2026 results: EPS: JP¥4.67 (up from JP¥2.30 in 1Q 2025). Revenue: JP¥1.41b (up 23% from 1Q 2025). Net income: JP¥77.0m (up 104% from 1Q 2025). Profit margin: 5.5% (up from 3.3% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 27TeamSpirit Inc. to Report Q1, 2026 Results on Jan 14, 2026TeamSpirit Inc. announced that they will report Q1, 2026 results on Jan 14, 2026分析記事 • Oct 16TeamSpirit Inc.'s (TSE:4397) P/S Is On The MarkWith a median price-to-sales (or "P/S") ratio of close to 2.1x in the Software industry in Japan, you could be forgiven...Reported Earnings • Oct 16Full year 2025 earnings released: EPS: JP¥22.01 (vs JP¥10.96 loss in FY 2024)Full year 2025 results: EPS: JP¥22.01 (up from JP¥10.96 loss in FY 2024). Revenue: JP¥4.92b (up 11% from FY 2024). Net income: JP¥362.7m (up JP¥542.7m from FY 2024). Profit margin: 7.4% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.New Risk • Oct 16New major risk - Revenue and earnings growthEarnings have declined by 34% 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 Risk Earnings have declined by 34% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.6% average weekly change). Market cap is less than US$100m (JP¥9.58b market cap, or US$63.4m).お知らせ • Oct 15TeamSpirit Inc., Annual General Meeting, Nov 28, 2025TeamSpirit Inc., Annual General Meeting, Nov 28, 2025.お知らせ • Oct 04TeamSpirit Inc. to Report Fiscal Year 2025 Results on Oct 15, 2025TeamSpirit Inc. announced that they will report fiscal year 2025 results on Oct 15, 2025分析記事 • Sep 17Investors Met With Slowing Returns on Capital At TeamSpirit (TSE:4397)What are the early trends we should look for to identify a stock that could multiply in value over the long term...分析記事 • Jul 14TeamSpirit Inc. (TSE:4397) Looks Just Right With A 25% Price JumpTeamSpirit Inc. ( TSE:4397 ) shares have had a really impressive month, gaining 25% after a shaky period beforehand...Reported Earnings • Jul 12Third quarter 2025 earnings released: EPS: JP¥7.00 (vs JP¥1.76 in 3Q 2024)Third quarter 2025 results: EPS: JP¥7.00 (up from JP¥1.76 in 3Q 2024). Revenue: JP¥1.24b (up 7.3% from 3Q 2024). Net income: JP¥115.5m (up 298% from 3Q 2024). Profit margin: 9.3% (up from 2.5% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 10Teamspirit Inc. Revises Consolidated Earnings Guidance for the Fiscal Year Ending August 31, 2025TeamSpirit Inc. revised consolidated earnings guidance for the fiscal year ending August 31, 2025. For the period, the company expects revenue to be JPY 5,000 million, operating profit of JPY 260 million, Profit attributable to owners of parent of JPY 220 million and basic earnings per share of JPY 13.34 against previous guidance of net sales to be JPY 5,000 million, operating profit of JPY 150 million, Profit attributable to owners of parent of JPY 120 million and basic earnings per share of JPY 7.28. For the consolidated financial results for the nine months ended May 31, 2025, while Revenue is almost in-line with original guidance due to steady orders, but profits steadily achieved a turnaround to profitability, resulting in the exceeding achievement of the forecast figures at the initial plan since the effects of various cost efficiency measures have materialized. In the fourth quarter, in addition to performance-based bonuses for executives and employees, incentive bonuses for employees in the second half of the year, and provision for shareholder benefit program (Point-based shareholder special benefit plan), the company plan to steadily implement strategic investments for growth in the next fiscal year and beyond.お知らせ • May 27TeamSpirit Inc. to Report Q3, 2025 Results on Jul 10, 2025TeamSpirit Inc. announced that they will report Q3, 2025 results on Jul 10, 2025Reported Earnings • Apr 12Second quarter 2025 earnings released: EPS: JP¥4.38 (vs JP¥1.71 loss in 2Q 2024)Second quarter 2025 results: EPS: JP¥4.38 (up from JP¥1.71 loss in 2Q 2024). Revenue: JP¥1.17b (up 8.2% from 2Q 2024). Net income: JP¥72.2m (up JP¥100.2m from 2Q 2024). Profit margin: 6.2% (up from net loss in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.お知らせ • Feb 27TeamSpirit Inc. to Report Q2, 2025 Results on Apr 11, 2025TeamSpirit Inc. announced that they will report Q2, 2025 results on Apr 11, 2025分析記事 • Jan 24Market Might Still Lack Some Conviction On TeamSpirit Inc. (TSE:4397) Even After 27% Share Price BoostTeamSpirit Inc. ( TSE:4397 ) shareholders have had their patience rewarded with a 27% share price jump in the last...Reported Earnings • Jan 12First quarter 2025 earnings released: EPS: JP¥2.30 (vs JP¥2.13 loss in 1Q 2024)First quarter 2025 results: EPS: JP¥2.30 (up from JP¥2.13 loss in 1Q 2024). Revenue: JP¥1.15b (up 10.0% from 1Q 2024). Net income: JP¥37.8m (up JP¥72.8m from 1Q 2024). Profit margin: 3.3% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Reported Earnings • Dec 05Full year 2024 earnings released: JP¥10.96 loss per share (vs JP¥11.56 loss in FY 2023)Full year 2024 results: JP¥10.96 loss per share (improved from JP¥11.56 loss in FY 2023). Revenue: JP¥4.42b (up 16% from FY 2023). Net loss: JP¥180.0m (loss narrowed 4.8% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.お知らせ • Nov 26TeamSpirit Inc. to Report Q1, 2025 Results on Jan 10, 2025TeamSpirit Inc. announced that they will report Q1, 2025 results on Jan 10, 2025Reported Earnings • Oct 13Full year 2024 earnings released: JP¥10.96 loss per share (vs JP¥11.56 loss in FY 2023)Full year 2024 results: JP¥10.96 loss per share (improved from JP¥11.56 loss in FY 2023). Revenue: JP¥4.42b (up 16% from FY 2023). Net loss: JP¥180.0m (loss narrowed 4.8% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.お知らせ • Oct 11TeamSpirit Inc., Annual General Meeting, Nov 29, 2024TeamSpirit Inc., Annual General Meeting, Nov 29, 2024.分析記事 • Sep 04TeamSpirit Inc. (TSE:4397) Soars 29% But It's A Story Of Risk Vs RewardTeamSpirit Inc. ( TSE:4397 ) shareholders would be excited to see that the share price has had a great month, posting a...お知らせ • Aug 09TeamSpirit Inc. to Report Fiscal Year 2024 Results on Oct 11, 2024TeamSpirit Inc. announced that they will report fiscal year 2024 results on Oct 11, 2024Reported Earnings • Jul 16Third quarter 2024 earnings released: EPS: JP¥1.76 (vs JP¥4.94 loss in 3Q 2023)Third quarter 2024 results: EPS: JP¥1.76 (up from JP¥4.94 loss in 3Q 2023). Revenue: JP¥1.15b (up 17% from 3Q 2023). Net income: JP¥29.0m (up JP¥110.0m from 3Q 2023). Profit margin: 2.5% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.お知らせ • Jul 12Teamspirit Inc. Revises Consolidated Earnings Guidance for the Year Ending August 31, 2024TeamSpirit Inc. revised consolidated earnings guidance for the year ending August 31, 2024. For the year, the company expects net sales to be JPY 4,400 million, operating loss of JPY 120 million, loss attributable to owners of JPY 220 million and basic loss per share of JPY 13.38.お知らせ • May 29TeamSpirit Inc. to Report Q3, 2024 Results on Jul 12, 2024TeamSpirit Inc. announced that they will report Q3, 2024 results on Jul 12, 2024Reported Earnings • Apr 14Second quarter 2024 earnings released: JP¥1.71 loss per share (vs JP¥0.12 profit in 2Q 2023)Second quarter 2024 results: JP¥1.71 loss per share (down from JP¥0.12 profit in 2Q 2023). Revenue: JP¥1.08b (up 15% from 2Q 2023). Net loss: JP¥28.0m (down JP¥30.0m from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.お知らせ • Feb 28TeamSpirit Inc. to Report Q2, 2024 Results on Apr 12, 2024TeamSpirit Inc. announced that they will report Q2, 2024 results on Apr 12, 2024Reported Earnings • Jan 13First quarter 2024 earnings released: JP¥2.14 loss per share (vs JP¥0.74 loss in 1Q 2023)First quarter 2024 results: JP¥2.14 loss per share (further deteriorated from JP¥0.74 loss in 1Q 2023). Revenue: JP¥1.04b (up 17% from 1Q 2023). Net loss: JP¥35.1m (loss widened 193% from 1Q 2023). 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 • Jan 11TeamSpirit Inc. Provides Consolidated Earnings Guidance for the Six Months Ending February 29, 2024TeamSpirit Inc. provided consolidated earnings guidance for the six months ending February 29, 2024. For the six months, the company expects net sales to be JPY 2,120 million, operating loss to be in the range of JPY 100 million to JPY 80 million, loss attributable to owners of parent to be in the range of JPY 69 million to JPY 55 million and basic earnings per share to be in the range of JPY 4.22 to JPY 3.38.お知らせ • Nov 27TeamSpirit Inc. to Report Q1, 2024 Results on Jan 11, 2024TeamSpirit Inc. announced that they will report Q1, 2024 results on Jan 11, 2024Reported Earnings • Oct 13Full year 2023 earnings released: JP¥11.56 loss per share (vs JP¥5.53 loss in FY 2022)Full year 2023 results: JP¥11.56 loss per share (further deteriorated from JP¥5.53 loss in FY 2022). Revenue: JP¥3.81b (up 17% from FY 2022). Net loss: JP¥189.0m (loss widened 110% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.お知らせ • Oct 12+ 1 more updateTeamSpirit Inc., Annual General Meeting, Nov 27, 2023TeamSpirit Inc., Annual General Meeting, Nov 27, 2023.お知らせ • Aug 30TeamSpirit Inc. to Report Q4, 2023 Results on Oct 12, 2023TeamSpirit Inc. announced that they will report Q4, 2023 results on Oct 12, 2023Reported Earnings • Jul 13Third quarter 2023 earnings released: JP¥4.93 loss per share (vs JP¥2.21 loss in 3Q 2022)Third quarter 2023 results: JP¥4.93 loss per share (further deteriorated from JP¥2.21 loss in 3Q 2022). Revenue: JP¥981.6m (up 18% from 3Q 2022). Net loss: JP¥80.9m (loss widened 125% from 3Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.お知らせ • Jul 12TeamSpirit Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending August 31, 2023TeamSpirit Inc. provided consolidated earnings guidance for the fiscal year ending August 31, 2023. For the year, the company expects net sales of ¥3,750 million to ¥3,800 million, operating loss of ¥250 million to ¥200 million, loss attributable to owners of parent of ¥200 million to ¥170 million and basic loss per share of ¥12.23 to ¥10.40.お知らせ • May 31TeamSpirit Inc. to Report Q3, 2023 Results on Jul 12, 2023TeamSpirit Inc. announced that they will report Q3, 2023 results on Jul 12, 2023Reported Earnings • Apr 13Second quarter 2023 earnings released: EPS: JP¥0.12 (vs JP¥0.55 loss in 2Q 2022)Second quarter 2023 results: EPS: JP¥0.12 (up from JP¥0.55 loss in 2Q 2022). Revenue: JP¥940.0m (up 18% from 2Q 2022). Net income: JP¥2.00m (up JP¥11.0m from 2Q 2022). Profit margin: 0.2% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Japan.Price Target Changed • Jan 21Price target increased to JP¥475Up from JP¥425, the current price target is an average from 2 analysts. New target price is 21% above last closing price of JP¥394. Stock is down 18% over the past year. The company is forecast to post a net loss per share of JP¥8.98 next year compared to a net loss per share of JP¥5.53 last year.Reported Earnings • Jan 14First quarter 2023 earnings released: JP¥0.78 loss per share (vs JP¥0.92 loss in 1Q 2022)First quarter 2023 results: JP¥0.78 loss per share (improved from JP¥0.92 loss in 1Q 2022). Revenue: JP¥891.4m (up 16% from 1Q 2022). Net loss: JP¥12.6m (loss narrowed 16% from 1Q 2022). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Software industry in Japan.お知らせ • Jan 14TeamSpirit Inc. Provides Earning Guidance for the Fiscal Year Ending August 31, 2023TeamSpirit Inc. provided earning guidance for the fiscal year ending August 31, 2023. For the period, the company expects net sales in the range of JPY 3,750 to 3,800 million, operating loss in the range of JPY 250 to 200 million, ordinary loss in the range of JPY 250 to 200 million, loss attributable to owners of parent in the range of JPY 170 to 115 million and basic loss per share in the range of JPY 10.44 to 7.06.Price Target Changed • Jan 13Price target decreased to JP¥400Down from JP¥445, the current price target is an average from 2 analysts. New target price is 27% above last closing price of JP¥314. Stock is down 40% over the past year. The company is forecast to post a net loss per share of JP¥9.55 next year compared to a net loss per share of JP¥5.53 last year.お知らせ • Dec 01TeamSpirit Inc. to Report Q1, 2023 Results on Jan 13, 2023TeamSpirit Inc. announced that they will report Q1, 2023 results on Jan 13, 2023Board Change • Nov 16High number of new directorsIndependent Director, External Audit & Supervisory Board Member Michiko Tanabe was the last director to join the board, commencing their role in 2021.お知らせ • Oct 15TeamSpirit Inc., Annual General Meeting, Nov 25, 2022TeamSpirit Inc., Annual General Meeting, Nov 25, 2022.Reported Earnings • Oct 15Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: JP¥5.55 loss per share (down from JP¥7.52 profit in FY 2021). Revenue: JP¥3.26b (up 13% from FY 2021). Net loss: JP¥90.3m (down 174% from profit in FY 2021). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan.Major Estimate Revision • Oct 14Consensus EPS estimates fall by 29%The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from JP¥3.88b to JP¥3.75b. Losses expected to increase from JP¥2.41 per share to JP¥3.10. Software industry in Japan expected to see average net income growth of 20% next year. Consensus price target broadly unchanged at JP¥450. Share price fell 7.5% to JP¥380 over the past week.お知らせ • Oct 13Teamspirit Inc. Provides Consolidated Earnings Guidance for Year Ending August 31, 2023TeamSpirit Inc. provided consolidated earnings guidance for year ending August 31, 2023. For the period, the company expected net sales of JPY 3,750 million to JPY 3,800 million. operating loss of JPY 250 million to JPY 200 million, , loss attributable to owners of parent of JPY 170 million to JPY 115 million, Basic loss per share of JPY 10.44 to JPY 7.06 per basic share.Major Estimate Revision • Sep 17Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from JP¥3.30b to JP¥3.26b. 2022 losses expected to reduce from -JP¥6.74 to -JP¥5.55 per share. Software industry in Japan expected to see average net income growth of 20% next year. Consensus price target broadly unchanged at JP¥445. Share price fell 3.3% to JP¥441 over the past week.お知らせ • Sep 09TeamSpirit Inc. to Report Fiscal Year 2022 Results on Oct 13, 2022TeamSpirit Inc. announced that they will report fiscal year 2022 results on Oct 13, 2022Board Change • Aug 30High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Director, External Audit & Supervisory Board Member Michiko Tanabe was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Price Target Changed • Jul 25Price target decreased to JP¥440Down from JP¥575, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of JP¥430. Stock is down 55% over the past year. The company is forecast to post a net loss per share of JP¥6.74 compared to earnings per share of JP¥7.52 last year.Reported Earnings • Jul 15Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: JP¥2.18 loss per share (down from JP¥2.59 profit in 3Q 2021). Revenue: JP¥832.1m (up 14% from 3Q 2021). Net loss: JP¥35.5m (down 184% from profit in 3Q 2021). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 17%, compared to a 14% growth forecast for the industry in Japan.お知らせ • Jul 14Teamspirit Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending August 31, 2022TeamSpirit Inc. provided consolidated earnings guidance for the fiscal year ending August 31, 2022. For the year, the company expects Net sales to be between JPY 3,300 million to JPY 3,350 million, Operating loss to be between JPY 200 million to JPY 150 million, loss attributable to owners of parent to be between JPY 140 million to JPY 105 million and Basic loss per share to be between JPY 8.63 to JPY 6.47.Buying Opportunity • Jun 17Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 24%. The fair value is estimated to be JP¥452, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last year. Meanwhile, the company became loss making. Revenue is forecast to grow by 18% in a year. Earnings is forecast to decline by 1,452% in the next year.お知らせ • Jun 08TeamSpirit Inc. to Report Q3, 2022 Results on Jul 13, 2022TeamSpirit Inc. announced that they will report Q3, 2022 results on Jul 13, 2022Price Target Changed • Apr 27Price target increased to JP¥575Up from JP¥500, the current price target is an average from 3 analysts. New target price is 27% above last closing price of JP¥454. Stock is down 68% over the past year. The company is forecast to post a net loss per share of JP¥6.74 compared to earnings per share of JP¥7.52 last year.Price Target Changed • Apr 19Price target increased to JP¥575Up from JP¥500, the current price target is an average from 3 analysts. New target price is 15% above last closing price of JP¥498. Stock is down 66% over the past year. The company is forecast to post a net loss per share of JP¥6.75 compared to earnings per share of JP¥7.52 last year.Reported Earnings • Apr 14Second quarter 2022 earnings: EPS exceeds analyst expectationsSecond quarter 2022 results: JP¥0.55 loss per share (down from JP¥4.07 profit in 2Q 2021). Revenue: JP¥799.0m (up 6.5% from 2Q 2021). Net loss: JP¥9.00m (down 114% from profit in 2Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 74%. Over the next year, revenue is forecast to grow 17%, compared to a 15% growth forecast for the industry in Japan.お知らせ • Apr 13TeamSpirit Inc. Provides Earnings Guidance for the Year Ending August 31, 2022TeamSpirit Inc. provided earnings guidance for the year ending August 31, 2022. For the year, the company expects net sales in the range of ¥3,300 to ¥3,350 million, Operating loss in the range of ¥200 to ¥150 million and loss attributable to owners of parent in the range of ¥140 to ¥105 million or ¥8.63 to ¥6.47 per basic share.お知らせ • Apr 08TeamSpirit Inc. to Report Q2, 2022 Results on Apr 13, 2022TeamSpirit Inc. announced that they will report Q2, 2022 results on Apr 13, 2022Price Target Changed • Mar 07Price target decreased to JP¥800Down from JP¥1,175, the current price target is an average from 3 analysts. New target price is 98% above last closing price of JP¥405. Stock is down 79% over the past year. The company is forecast to post a net loss per share of JP¥6.99 compared to earnings per share of JP¥7.52 last year.Buying Opportunity • Mar 03Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 38%. The fair value is estimated to be JP¥566, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last year. Earnings per share has declined by 74% over the last year.Buying Opportunity • Feb 14Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 52%. The fair value is estimated to be JP¥566, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last year. Earnings per share has declined by 74% over the last year.Buying Opportunity • Jan 25Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 54%. The fair value is estimated to be JP¥581, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last year. Earnings per share has declined by 74% over the last year.お知らせ • Jan 12TeamSpirit Inc. Provides Consolidated Earnings Guidance for the Year Ending August 31, 2022TeamSpirit Inc. provided consolidated earnings guidance for the year ending August 31, 2022. For the period ending August 31, 2022, the company expects net sales in the range of JPY 3,300 million to JPY 3,350 million; operating loss in the range of JPY 200 million to JPY 150 million; loss attributable to owners of parent of JPY 140 million to JPY 105 million; and loss per share of JPY 8.63 to 6.47.Reported Earnings • Jan 12First quarter 2022 earnings: EPS misses analyst expectationsFirst quarter 2022 results: JP¥0.97 loss per share (down from JP¥2.22 profit in 1Q 2021). Revenue: JP¥772.1m (up 15% from 1Q 2021). Net loss: JP¥15.8m (down 144% from profit in 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 69%. Earnings per share (EPS) missed analyst estimates by 69%. Over the next year, revenue is forecast to grow 17%, compared to a 17% growth forecast for the industry in Japan.Reported Earnings • Dec 05Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥7.52 (down from JP¥15.78 in FY 2020). Revenue: JP¥2.90b (up 18% from FY 2020). Net income: JP¥122.0m (down 52% from FY 2020). Profit margin: 4.2% (down from 10% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 16%, compared to a 17% growth forecast for the industry in Japan.Reported Earnings • Oct 14Full year 2021 earnings released: EPS JP¥7.57 (vs JP¥15.78 in FY 2020)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: JP¥2.90b (up 19% from FY 2020). Net income: JP¥122.8m (down 52% from FY 2020). Profit margin: 4.2% (down from 10% in FY 2020). The decrease in margin was driven by higher expenses.Reported Earnings • Jul 16Third quarter 2021 earnings released: EPS JP¥2.60 (vs JP¥8.83 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥731.9m (up 12% from 3Q 2020). Net income: JP¥42.1m (down 71% from 3Q 2020). Profit margin: 5.8% (down from 22% in 3Q 2020). The decrease in margin was driven by higher expenses.お知らせ • Jul 15TeamSpirit Inc. Provides Consolidated Earnings Forecasts for the Fiscal Year Ending August 31, 2021TeamSpirit Inc. provided Consolidated earnings forecasts for the fiscal year ending August 31, 2021. For the period, it expects net sales of JPY 2,880 to JPY 2,930 million, Operating profit of JPY 110 to JPY 140 million and Profit attributable to owners of parent of JPY 55 to 70 million, basic earnings per share of JPY 3.39 to 4.31.Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to JP¥1,143, the stock trades at a forward P/E ratio of 140x. Average forward P/E is 30x in the Software industry in Japan. Total loss to shareholders of 54% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥769 per share.Price Target Changed • Apr 25Price target decreased to JP¥2,433Down from JP¥3,017, the current price target is an average from 4 analysts. New target price is 62% above last closing price of JP¥1,499. Stock is down 44% over the past year.Major Estimate Revision • Apr 19Consensus EPS estimates fall to JP¥5.27The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from JP¥3.09b to JP¥2.94b. EPS estimate also fell from JP¥8.96 to JP¥5.27. Net income forecast to shrink 40% next year vs 9.1% growth forecast for Software industry in Japan . Consensus price target of JP¥2,900 unchanged from last update. Share price was steady at JP¥1,583 over the past week.Reported Earnings • Apr 11Second quarter 2021 earnings released: EPS JP¥4.07 (vs JP¥8.83 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: JP¥750.0m (up 14% from 2Q 2020). Net income: JP¥66.0m (down 54% from 2Q 2020). Profit margin: 8.8% (down from 22% in 2Q 2020). The decrease in margin was driven by higher expenses.Price Target Changed • Apr 10Price target decreased to JP¥2,900Down from JP¥3,167, the current price target is an average from 4 analysts. New target price is 49% above last closing price of JP¥1,948. Stock is up 7.7% over the past year.お知らせ • Feb 24TeamSpirit Inc. to Report Q2, 2021 Results on Apr 09, 2021TeamSpirit Inc. announced that they will report Q2, 2021 results on Apr 09, 2021Analyst Estimate Surprise Post Earnings • Jan 19Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 21%. Over the next year, revenue is forecast to grow 33%, compared to a 12% growth forecast for the Software industry in Japan.Analyst Estimate Surprise Post Earnings • Jan 16Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 21%. Over the next year, revenue is forecast to grow 33%, compared to a 11% growth forecast for the Software industry in Japan.Reported Earnings • Jan 14First quarter 2021 earnings released: EPS JP¥2.22The company reported a soft first quarter result with weaker earnings and profit margins, although revenues were improved. First quarter 2021 results: Revenue: JP¥671.0m (up 2.4% from 1Q 2020). Net income: JP¥36.0m (down 75% from 1Q 2020). Profit margin: 5.4% (down from 22% in 1Q 2020). The decrease in margin was driven by higher expenses.Is New 90 Day High Low • Dec 16New 90-day low: JP¥2,120The company is down 15% from its price of JP¥2,505 on 17 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥1,550 per share.Price Target Changed • Dec 01Price target raised to JP¥3,217Up from JP¥2,650, the current price target is an average from 4 analysts. The new target price is 43% above the current share price of JP¥2,254. As of last close, the stock is down 6.9% over the past year.お知らせ • Aug 31TeamSpirit Inc. to Report Fiscal Year 2020 Results on Oct 13, 2020TeamSpirit Inc. announced that they will report fiscal year 2020 results on Oct 13, 2020収支内訳TeamSpirit 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:4397 収益、費用、利益 ( )JPY Millions日付収益収益G+A経費研究開発費28 Feb 265,4844091,778030 Nov 255,1864021,756031 Aug 254,9223621,696031 May 254,699801,645028 Feb 254,614-71,661030 Nov 244,526-1071,687031 Aug 244,421-1801,740031 May 244,275-1321,755029 Feb 244,104-2421,753030 Nov 233,961-2121,690031 Aug 233,809-1891,586031 May 233,671-1211,461028 Feb 233,521-761,396030 Nov 223,380-871,301031 Aug 223,261-901,231031 May 223,147-821,188028 Feb 223,046-41,218030 Nov 212,997711,283031 Aug 212,8961221,339031 May 212,8072871,362028 Feb 212,7073001,269030 Nov 202,5642771,222031 Aug 202,4452551,1990質の高い収益: 4397は 高品質の収益 を持っています。利益率の向上: 4397過去に利益を上げました。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: 4397の収益は過去 5 年間で年間9.3%増加しました。成長の加速: 4397は昨年収益を上げたため、収益成長率を 5 年間の平均と比較することは困難です。収益対業界: 4397昨年収益を上げたため、昨年の収益成長をSoftware業界 ( 16.8% ) と比較することは困難です。株主資本利益率高いROE: 4397の 自己資本利益率 ( 34.2% ) は 高い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YSoftware 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 17:43終値2026/05/22 00:00収益2026/02/28年間収益2025/08/31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TeamSpirit 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。5 アナリスト機関null nullDaiwa Securities Co. Ltd.Takashi MiyazakiGoldman SachsKenichi ItoIchiyoshi Research Institute Inc.2 その他のアナリストを表示
Reported Earnings • Apr 14Second quarter 2026 earnings released: EPS: JP¥5.08 (vs JP¥4.38 in 2Q 2025)Second quarter 2026 results: EPS: JP¥5.08 (up from JP¥4.38 in 2Q 2025). Revenue: JP¥1.47b (up 26% from 2Q 2025). Net income: JP¥79.6m (up 10% from 2Q 2025). Profit margin: 5.4% (down from 6.2% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Apr 03TeamSpirit Inc. to Report Q2, 2026 Results on Apr 13, 2026TeamSpirit Inc. announced that they will report Q2, 2026 results on Apr 13, 2026
Reported Earnings • Jan 15First quarter 2026 earnings released: EPS: JP¥4.67 (vs JP¥2.30 in 1Q 2025)First quarter 2026 results: EPS: JP¥4.67 (up from JP¥2.30 in 1Q 2025). Revenue: JP¥1.41b (up 23% from 1Q 2025). Net income: JP¥77.0m (up 104% from 1Q 2025). Profit margin: 5.5% (up from 3.3% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 27TeamSpirit Inc. to Report Q1, 2026 Results on Jan 14, 2026TeamSpirit Inc. announced that they will report Q1, 2026 results on Jan 14, 2026
Reported Earnings • Oct 16Full year 2025 earnings released: EPS: JP¥22.01 (vs JP¥10.96 loss in FY 2024)Full year 2025 results: EPS: JP¥22.01 (up from JP¥10.96 loss in FY 2024). Revenue: JP¥4.92b (up 11% from FY 2024). Net income: JP¥362.7m (up JP¥542.7m from FY 2024). Profit margin: 7.4% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 04TeamSpirit Inc. to Report Fiscal Year 2025 Results on Oct 15, 2025TeamSpirit Inc. announced that they will report fiscal year 2025 results on Oct 15, 2025
Reported Earnings • Apr 14Second quarter 2026 earnings released: EPS: JP¥5.08 (vs JP¥4.38 in 2Q 2025)Second quarter 2026 results: EPS: JP¥5.08 (up from JP¥4.38 in 2Q 2025). Revenue: JP¥1.47b (up 26% from 2Q 2025). Net income: JP¥79.6m (up 10% from 2Q 2025). Profit margin: 5.4% (down from 6.2% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Apr 03TeamSpirit Inc. to Report Q2, 2026 Results on Apr 13, 2026TeamSpirit Inc. announced that they will report Q2, 2026 results on Apr 13, 2026
Buy Or Sell Opportunity • Feb 09Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 10% to JP¥454. The fair value is estimated to be JP¥575, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable.
Board Change • Feb 01Insufficient new 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. CEO & Chairman Kazuyoshi Michishita was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Jan 15First quarter 2026 earnings released: EPS: JP¥4.67 (vs JP¥2.30 in 1Q 2025)First quarter 2026 results: EPS: JP¥4.67 (up from JP¥2.30 in 1Q 2025). Revenue: JP¥1.41b (up 23% from 1Q 2025). Net income: JP¥77.0m (up 104% from 1Q 2025). Profit margin: 5.5% (up from 3.3% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 27TeamSpirit Inc. to Report Q1, 2026 Results on Jan 14, 2026TeamSpirit Inc. announced that they will report Q1, 2026 results on Jan 14, 2026
分析記事 • Oct 16TeamSpirit Inc.'s (TSE:4397) P/S Is On The MarkWith a median price-to-sales (or "P/S") ratio of close to 2.1x in the Software industry in Japan, you could be forgiven...
Reported Earnings • Oct 16Full year 2025 earnings released: EPS: JP¥22.01 (vs JP¥10.96 loss in FY 2024)Full year 2025 results: EPS: JP¥22.01 (up from JP¥10.96 loss in FY 2024). Revenue: JP¥4.92b (up 11% from FY 2024). Net income: JP¥362.7m (up JP¥542.7m from FY 2024). Profit margin: 7.4% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
New Risk • Oct 16New major risk - Revenue and earnings growthEarnings have declined by 34% 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 Risk Earnings have declined by 34% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.6% average weekly change). Market cap is less than US$100m (JP¥9.58b market cap, or US$63.4m).
お知らせ • Oct 15TeamSpirit Inc., Annual General Meeting, Nov 28, 2025TeamSpirit Inc., Annual General Meeting, Nov 28, 2025.
お知らせ • Oct 04TeamSpirit Inc. to Report Fiscal Year 2025 Results on Oct 15, 2025TeamSpirit Inc. announced that they will report fiscal year 2025 results on Oct 15, 2025
分析記事 • Sep 17Investors Met With Slowing Returns on Capital At TeamSpirit (TSE:4397)What are the early trends we should look for to identify a stock that could multiply in value over the long term...
分析記事 • Jul 14TeamSpirit Inc. (TSE:4397) Looks Just Right With A 25% Price JumpTeamSpirit Inc. ( TSE:4397 ) shares have had a really impressive month, gaining 25% after a shaky period beforehand...
Reported Earnings • Jul 12Third quarter 2025 earnings released: EPS: JP¥7.00 (vs JP¥1.76 in 3Q 2024)Third quarter 2025 results: EPS: JP¥7.00 (up from JP¥1.76 in 3Q 2024). Revenue: JP¥1.24b (up 7.3% from 3Q 2024). Net income: JP¥115.5m (up 298% from 3Q 2024). Profit margin: 9.3% (up from 2.5% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 10Teamspirit Inc. Revises Consolidated Earnings Guidance for the Fiscal Year Ending August 31, 2025TeamSpirit Inc. revised consolidated earnings guidance for the fiscal year ending August 31, 2025. For the period, the company expects revenue to be JPY 5,000 million, operating profit of JPY 260 million, Profit attributable to owners of parent of JPY 220 million and basic earnings per share of JPY 13.34 against previous guidance of net sales to be JPY 5,000 million, operating profit of JPY 150 million, Profit attributable to owners of parent of JPY 120 million and basic earnings per share of JPY 7.28. For the consolidated financial results for the nine months ended May 31, 2025, while Revenue is almost in-line with original guidance due to steady orders, but profits steadily achieved a turnaround to profitability, resulting in the exceeding achievement of the forecast figures at the initial plan since the effects of various cost efficiency measures have materialized. In the fourth quarter, in addition to performance-based bonuses for executives and employees, incentive bonuses for employees in the second half of the year, and provision for shareholder benefit program (Point-based shareholder special benefit plan), the company plan to steadily implement strategic investments for growth in the next fiscal year and beyond.
お知らせ • May 27TeamSpirit Inc. to Report Q3, 2025 Results on Jul 10, 2025TeamSpirit Inc. announced that they will report Q3, 2025 results on Jul 10, 2025
Reported Earnings • Apr 12Second quarter 2025 earnings released: EPS: JP¥4.38 (vs JP¥1.71 loss in 2Q 2024)Second quarter 2025 results: EPS: JP¥4.38 (up from JP¥1.71 loss in 2Q 2024). Revenue: JP¥1.17b (up 8.2% from 2Q 2024). Net income: JP¥72.2m (up JP¥100.2m from 2Q 2024). Profit margin: 6.2% (up from net loss in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 27TeamSpirit Inc. to Report Q2, 2025 Results on Apr 11, 2025TeamSpirit Inc. announced that they will report Q2, 2025 results on Apr 11, 2025
分析記事 • Jan 24Market Might Still Lack Some Conviction On TeamSpirit Inc. (TSE:4397) Even After 27% Share Price BoostTeamSpirit Inc. ( TSE:4397 ) shareholders have had their patience rewarded with a 27% share price jump in the last...
Reported Earnings • Jan 12First quarter 2025 earnings released: EPS: JP¥2.30 (vs JP¥2.13 loss in 1Q 2024)First quarter 2025 results: EPS: JP¥2.30 (up from JP¥2.13 loss in 1Q 2024). Revenue: JP¥1.15b (up 10.0% from 1Q 2024). Net income: JP¥37.8m (up JP¥72.8m from 1Q 2024). Profit margin: 3.3% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Reported Earnings • Dec 05Full year 2024 earnings released: JP¥10.96 loss per share (vs JP¥11.56 loss in FY 2023)Full year 2024 results: JP¥10.96 loss per share (improved from JP¥11.56 loss in FY 2023). Revenue: JP¥4.42b (up 16% from FY 2023). Net loss: JP¥180.0m (loss narrowed 4.8% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.
お知らせ • Nov 26TeamSpirit Inc. to Report Q1, 2025 Results on Jan 10, 2025TeamSpirit Inc. announced that they will report Q1, 2025 results on Jan 10, 2025
Reported Earnings • Oct 13Full year 2024 earnings released: JP¥10.96 loss per share (vs JP¥11.56 loss in FY 2023)Full year 2024 results: JP¥10.96 loss per share (improved from JP¥11.56 loss in FY 2023). Revenue: JP¥4.42b (up 16% from FY 2023). Net loss: JP¥180.0m (loss narrowed 4.8% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.
お知らせ • Oct 11TeamSpirit Inc., Annual General Meeting, Nov 29, 2024TeamSpirit Inc., Annual General Meeting, Nov 29, 2024.
分析記事 • Sep 04TeamSpirit Inc. (TSE:4397) Soars 29% But It's A Story Of Risk Vs RewardTeamSpirit Inc. ( TSE:4397 ) shareholders would be excited to see that the share price has had a great month, posting a...
お知らせ • Aug 09TeamSpirit Inc. to Report Fiscal Year 2024 Results on Oct 11, 2024TeamSpirit Inc. announced that they will report fiscal year 2024 results on Oct 11, 2024
Reported Earnings • Jul 16Third quarter 2024 earnings released: EPS: JP¥1.76 (vs JP¥4.94 loss in 3Q 2023)Third quarter 2024 results: EPS: JP¥1.76 (up from JP¥4.94 loss in 3Q 2023). Revenue: JP¥1.15b (up 17% from 3Q 2023). Net income: JP¥29.0m (up JP¥110.0m from 3Q 2023). Profit margin: 2.5% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
お知らせ • Jul 12Teamspirit Inc. Revises Consolidated Earnings Guidance for the Year Ending August 31, 2024TeamSpirit Inc. revised consolidated earnings guidance for the year ending August 31, 2024. For the year, the company expects net sales to be JPY 4,400 million, operating loss of JPY 120 million, loss attributable to owners of JPY 220 million and basic loss per share of JPY 13.38.
お知らせ • May 29TeamSpirit Inc. to Report Q3, 2024 Results on Jul 12, 2024TeamSpirit Inc. announced that they will report Q3, 2024 results on Jul 12, 2024
Reported Earnings • Apr 14Second quarter 2024 earnings released: JP¥1.71 loss per share (vs JP¥0.12 profit in 2Q 2023)Second quarter 2024 results: JP¥1.71 loss per share (down from JP¥0.12 profit in 2Q 2023). Revenue: JP¥1.08b (up 15% from 2Q 2023). Net loss: JP¥28.0m (down JP¥30.0m from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 28TeamSpirit Inc. to Report Q2, 2024 Results on Apr 12, 2024TeamSpirit Inc. announced that they will report Q2, 2024 results on Apr 12, 2024
Reported Earnings • Jan 13First quarter 2024 earnings released: JP¥2.14 loss per share (vs JP¥0.74 loss in 1Q 2023)First quarter 2024 results: JP¥2.14 loss per share (further deteriorated from JP¥0.74 loss in 1Q 2023). Revenue: JP¥1.04b (up 17% from 1Q 2023). Net loss: JP¥35.1m (loss widened 193% from 1Q 2023). 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 • Jan 11TeamSpirit Inc. Provides Consolidated Earnings Guidance for the Six Months Ending February 29, 2024TeamSpirit Inc. provided consolidated earnings guidance for the six months ending February 29, 2024. For the six months, the company expects net sales to be JPY 2,120 million, operating loss to be in the range of JPY 100 million to JPY 80 million, loss attributable to owners of parent to be in the range of JPY 69 million to JPY 55 million and basic earnings per share to be in the range of JPY 4.22 to JPY 3.38.
お知らせ • Nov 27TeamSpirit Inc. to Report Q1, 2024 Results on Jan 11, 2024TeamSpirit Inc. announced that they will report Q1, 2024 results on Jan 11, 2024
Reported Earnings • Oct 13Full year 2023 earnings released: JP¥11.56 loss per share (vs JP¥5.53 loss in FY 2022)Full year 2023 results: JP¥11.56 loss per share (further deteriorated from JP¥5.53 loss in FY 2022). Revenue: JP¥3.81b (up 17% from FY 2022). Net loss: JP¥189.0m (loss widened 110% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
お知らせ • Oct 12+ 1 more updateTeamSpirit Inc., Annual General Meeting, Nov 27, 2023TeamSpirit Inc., Annual General Meeting, Nov 27, 2023.
お知らせ • Aug 30TeamSpirit Inc. to Report Q4, 2023 Results on Oct 12, 2023TeamSpirit Inc. announced that they will report Q4, 2023 results on Oct 12, 2023
Reported Earnings • Jul 13Third quarter 2023 earnings released: JP¥4.93 loss per share (vs JP¥2.21 loss in 3Q 2022)Third quarter 2023 results: JP¥4.93 loss per share (further deteriorated from JP¥2.21 loss in 3Q 2022). Revenue: JP¥981.6m (up 18% from 3Q 2022). Net loss: JP¥80.9m (loss widened 125% from 3Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.
お知らせ • Jul 12TeamSpirit Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending August 31, 2023TeamSpirit Inc. provided consolidated earnings guidance for the fiscal year ending August 31, 2023. For the year, the company expects net sales of ¥3,750 million to ¥3,800 million, operating loss of ¥250 million to ¥200 million, loss attributable to owners of parent of ¥200 million to ¥170 million and basic loss per share of ¥12.23 to ¥10.40.
お知らせ • May 31TeamSpirit Inc. to Report Q3, 2023 Results on Jul 12, 2023TeamSpirit Inc. announced that they will report Q3, 2023 results on Jul 12, 2023
Reported Earnings • Apr 13Second quarter 2023 earnings released: EPS: JP¥0.12 (vs JP¥0.55 loss in 2Q 2022)Second quarter 2023 results: EPS: JP¥0.12 (up from JP¥0.55 loss in 2Q 2022). Revenue: JP¥940.0m (up 18% from 2Q 2022). Net income: JP¥2.00m (up JP¥11.0m from 2Q 2022). Profit margin: 0.2% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Japan.
Price Target Changed • Jan 21Price target increased to JP¥475Up from JP¥425, the current price target is an average from 2 analysts. New target price is 21% above last closing price of JP¥394. Stock is down 18% over the past year. The company is forecast to post a net loss per share of JP¥8.98 next year compared to a net loss per share of JP¥5.53 last year.
Reported Earnings • Jan 14First quarter 2023 earnings released: JP¥0.78 loss per share (vs JP¥0.92 loss in 1Q 2022)First quarter 2023 results: JP¥0.78 loss per share (improved from JP¥0.92 loss in 1Q 2022). Revenue: JP¥891.4m (up 16% from 1Q 2022). Net loss: JP¥12.6m (loss narrowed 16% from 1Q 2022). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Software industry in Japan.
お知らせ • Jan 14TeamSpirit Inc. Provides Earning Guidance for the Fiscal Year Ending August 31, 2023TeamSpirit Inc. provided earning guidance for the fiscal year ending August 31, 2023. For the period, the company expects net sales in the range of JPY 3,750 to 3,800 million, operating loss in the range of JPY 250 to 200 million, ordinary loss in the range of JPY 250 to 200 million, loss attributable to owners of parent in the range of JPY 170 to 115 million and basic loss per share in the range of JPY 10.44 to 7.06.
Price Target Changed • Jan 13Price target decreased to JP¥400Down from JP¥445, the current price target is an average from 2 analysts. New target price is 27% above last closing price of JP¥314. Stock is down 40% over the past year. The company is forecast to post a net loss per share of JP¥9.55 next year compared to a net loss per share of JP¥5.53 last year.
お知らせ • Dec 01TeamSpirit Inc. to Report Q1, 2023 Results on Jan 13, 2023TeamSpirit Inc. announced that they will report Q1, 2023 results on Jan 13, 2023
Board Change • Nov 16High number of new directorsIndependent Director, External Audit & Supervisory Board Member Michiko Tanabe was the last director to join the board, commencing their role in 2021.
お知らせ • Oct 15TeamSpirit Inc., Annual General Meeting, Nov 25, 2022TeamSpirit Inc., Annual General Meeting, Nov 25, 2022.
Reported Earnings • Oct 15Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: JP¥5.55 loss per share (down from JP¥7.52 profit in FY 2021). Revenue: JP¥3.26b (up 13% from FY 2021). Net loss: JP¥90.3m (down 174% from profit in FY 2021). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan.
Major Estimate Revision • Oct 14Consensus EPS estimates fall by 29%The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from JP¥3.88b to JP¥3.75b. Losses expected to increase from JP¥2.41 per share to JP¥3.10. Software industry in Japan expected to see average net income growth of 20% next year. Consensus price target broadly unchanged at JP¥450. Share price fell 7.5% to JP¥380 over the past week.
お知らせ • Oct 13Teamspirit Inc. Provides Consolidated Earnings Guidance for Year Ending August 31, 2023TeamSpirit Inc. provided consolidated earnings guidance for year ending August 31, 2023. For the period, the company expected net sales of JPY 3,750 million to JPY 3,800 million. operating loss of JPY 250 million to JPY 200 million, , loss attributable to owners of parent of JPY 170 million to JPY 115 million, Basic loss per share of JPY 10.44 to JPY 7.06 per basic share.
Major Estimate Revision • Sep 17Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from JP¥3.30b to JP¥3.26b. 2022 losses expected to reduce from -JP¥6.74 to -JP¥5.55 per share. Software industry in Japan expected to see average net income growth of 20% next year. Consensus price target broadly unchanged at JP¥445. Share price fell 3.3% to JP¥441 over the past week.
お知らせ • Sep 09TeamSpirit Inc. to Report Fiscal Year 2022 Results on Oct 13, 2022TeamSpirit Inc. announced that they will report fiscal year 2022 results on Oct 13, 2022
Board Change • Aug 30High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Director, External Audit & Supervisory Board Member Michiko Tanabe was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Price Target Changed • Jul 25Price target decreased to JP¥440Down from JP¥575, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of JP¥430. Stock is down 55% over the past year. The company is forecast to post a net loss per share of JP¥6.74 compared to earnings per share of JP¥7.52 last year.
Reported Earnings • Jul 15Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: JP¥2.18 loss per share (down from JP¥2.59 profit in 3Q 2021). Revenue: JP¥832.1m (up 14% from 3Q 2021). Net loss: JP¥35.5m (down 184% from profit in 3Q 2021). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 17%, compared to a 14% growth forecast for the industry in Japan.
お知らせ • Jul 14Teamspirit Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending August 31, 2022TeamSpirit Inc. provided consolidated earnings guidance for the fiscal year ending August 31, 2022. For the year, the company expects Net sales to be between JPY 3,300 million to JPY 3,350 million, Operating loss to be between JPY 200 million to JPY 150 million, loss attributable to owners of parent to be between JPY 140 million to JPY 105 million and Basic loss per share to be between JPY 8.63 to JPY 6.47.
Buying Opportunity • Jun 17Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 24%. The fair value is estimated to be JP¥452, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last year. Meanwhile, the company became loss making. Revenue is forecast to grow by 18% in a year. Earnings is forecast to decline by 1,452% in the next year.
お知らせ • Jun 08TeamSpirit Inc. to Report Q3, 2022 Results on Jul 13, 2022TeamSpirit Inc. announced that they will report Q3, 2022 results on Jul 13, 2022
Price Target Changed • Apr 27Price target increased to JP¥575Up from JP¥500, the current price target is an average from 3 analysts. New target price is 27% above last closing price of JP¥454. Stock is down 68% over the past year. The company is forecast to post a net loss per share of JP¥6.74 compared to earnings per share of JP¥7.52 last year.
Price Target Changed • Apr 19Price target increased to JP¥575Up from JP¥500, the current price target is an average from 3 analysts. New target price is 15% above last closing price of JP¥498. Stock is down 66% over the past year. The company is forecast to post a net loss per share of JP¥6.75 compared to earnings per share of JP¥7.52 last year.
Reported Earnings • Apr 14Second quarter 2022 earnings: EPS exceeds analyst expectationsSecond quarter 2022 results: JP¥0.55 loss per share (down from JP¥4.07 profit in 2Q 2021). Revenue: JP¥799.0m (up 6.5% from 2Q 2021). Net loss: JP¥9.00m (down 114% from profit in 2Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 74%. Over the next year, revenue is forecast to grow 17%, compared to a 15% growth forecast for the industry in Japan.
お知らせ • Apr 13TeamSpirit Inc. Provides Earnings Guidance for the Year Ending August 31, 2022TeamSpirit Inc. provided earnings guidance for the year ending August 31, 2022. For the year, the company expects net sales in the range of ¥3,300 to ¥3,350 million, Operating loss in the range of ¥200 to ¥150 million and loss attributable to owners of parent in the range of ¥140 to ¥105 million or ¥8.63 to ¥6.47 per basic share.
お知らせ • Apr 08TeamSpirit Inc. to Report Q2, 2022 Results on Apr 13, 2022TeamSpirit Inc. announced that they will report Q2, 2022 results on Apr 13, 2022
Price Target Changed • Mar 07Price target decreased to JP¥800Down from JP¥1,175, the current price target is an average from 3 analysts. New target price is 98% above last closing price of JP¥405. Stock is down 79% over the past year. The company is forecast to post a net loss per share of JP¥6.99 compared to earnings per share of JP¥7.52 last year.
Buying Opportunity • Mar 03Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 38%. The fair value is estimated to be JP¥566, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last year. Earnings per share has declined by 74% over the last year.
Buying Opportunity • Feb 14Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 52%. The fair value is estimated to be JP¥566, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last year. Earnings per share has declined by 74% over the last year.
Buying Opportunity • Jan 25Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 54%. The fair value is estimated to be JP¥581, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last year. Earnings per share has declined by 74% over the last year.
お知らせ • Jan 12TeamSpirit Inc. Provides Consolidated Earnings Guidance for the Year Ending August 31, 2022TeamSpirit Inc. provided consolidated earnings guidance for the year ending August 31, 2022. For the period ending August 31, 2022, the company expects net sales in the range of JPY 3,300 million to JPY 3,350 million; operating loss in the range of JPY 200 million to JPY 150 million; loss attributable to owners of parent of JPY 140 million to JPY 105 million; and loss per share of JPY 8.63 to 6.47.
Reported Earnings • Jan 12First quarter 2022 earnings: EPS misses analyst expectationsFirst quarter 2022 results: JP¥0.97 loss per share (down from JP¥2.22 profit in 1Q 2021). Revenue: JP¥772.1m (up 15% from 1Q 2021). Net loss: JP¥15.8m (down 144% from profit in 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 69%. Earnings per share (EPS) missed analyst estimates by 69%. Over the next year, revenue is forecast to grow 17%, compared to a 17% growth forecast for the industry in Japan.
Reported Earnings • Dec 05Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥7.52 (down from JP¥15.78 in FY 2020). Revenue: JP¥2.90b (up 18% from FY 2020). Net income: JP¥122.0m (down 52% from FY 2020). Profit margin: 4.2% (down from 10% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 16%, compared to a 17% growth forecast for the industry in Japan.
Reported Earnings • Oct 14Full year 2021 earnings released: EPS JP¥7.57 (vs JP¥15.78 in FY 2020)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: JP¥2.90b (up 19% from FY 2020). Net income: JP¥122.8m (down 52% from FY 2020). Profit margin: 4.2% (down from 10% in FY 2020). The decrease in margin was driven by higher expenses.
Reported Earnings • Jul 16Third quarter 2021 earnings released: EPS JP¥2.60 (vs JP¥8.83 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥731.9m (up 12% from 3Q 2020). Net income: JP¥42.1m (down 71% from 3Q 2020). Profit margin: 5.8% (down from 22% in 3Q 2020). The decrease in margin was driven by higher expenses.
お知らせ • Jul 15TeamSpirit Inc. Provides Consolidated Earnings Forecasts for the Fiscal Year Ending August 31, 2021TeamSpirit Inc. provided Consolidated earnings forecasts for the fiscal year ending August 31, 2021. For the period, it expects net sales of JPY 2,880 to JPY 2,930 million, Operating profit of JPY 110 to JPY 140 million and Profit attributable to owners of parent of JPY 55 to 70 million, basic earnings per share of JPY 3.39 to 4.31.
Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to JP¥1,143, the stock trades at a forward P/E ratio of 140x. Average forward P/E is 30x in the Software industry in Japan. Total loss to shareholders of 54% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥769 per share.
Price Target Changed • Apr 25Price target decreased to JP¥2,433Down from JP¥3,017, the current price target is an average from 4 analysts. New target price is 62% above last closing price of JP¥1,499. Stock is down 44% over the past year.
Major Estimate Revision • Apr 19Consensus EPS estimates fall to JP¥5.27The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from JP¥3.09b to JP¥2.94b. EPS estimate also fell from JP¥8.96 to JP¥5.27. Net income forecast to shrink 40% next year vs 9.1% growth forecast for Software industry in Japan . Consensus price target of JP¥2,900 unchanged from last update. Share price was steady at JP¥1,583 over the past week.
Reported Earnings • Apr 11Second quarter 2021 earnings released: EPS JP¥4.07 (vs JP¥8.83 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: JP¥750.0m (up 14% from 2Q 2020). Net income: JP¥66.0m (down 54% from 2Q 2020). Profit margin: 8.8% (down from 22% in 2Q 2020). The decrease in margin was driven by higher expenses.
Price Target Changed • Apr 10Price target decreased to JP¥2,900Down from JP¥3,167, the current price target is an average from 4 analysts. New target price is 49% above last closing price of JP¥1,948. Stock is up 7.7% over the past year.
お知らせ • Feb 24TeamSpirit Inc. to Report Q2, 2021 Results on Apr 09, 2021TeamSpirit Inc. announced that they will report Q2, 2021 results on Apr 09, 2021
Analyst Estimate Surprise Post Earnings • Jan 19Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 21%. Over the next year, revenue is forecast to grow 33%, compared to a 12% growth forecast for the Software industry in Japan.
Analyst Estimate Surprise Post Earnings • Jan 16Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 21%. Over the next year, revenue is forecast to grow 33%, compared to a 11% growth forecast for the Software industry in Japan.
Reported Earnings • Jan 14First quarter 2021 earnings released: EPS JP¥2.22The company reported a soft first quarter result with weaker earnings and profit margins, although revenues were improved. First quarter 2021 results: Revenue: JP¥671.0m (up 2.4% from 1Q 2020). Net income: JP¥36.0m (down 75% from 1Q 2020). Profit margin: 5.4% (down from 22% in 1Q 2020). The decrease in margin was driven by higher expenses.
Is New 90 Day High Low • Dec 16New 90-day low: JP¥2,120The company is down 15% from its price of JP¥2,505 on 17 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥1,550 per share.
Price Target Changed • Dec 01Price target raised to JP¥3,217Up from JP¥2,650, the current price target is an average from 4 analysts. The new target price is 43% above the current share price of JP¥2,254. As of last close, the stock is down 6.9% over the past year.
お知らせ • Aug 31TeamSpirit Inc. to Report Fiscal Year 2020 Results on Oct 13, 2020TeamSpirit Inc. announced that they will report fiscal year 2020 results on Oct 13, 2020