View Past PerformanceWingArc1st バランスシートの健全性財務の健全性 基準チェック /66WingArc1stの総株主資本は¥47.0B 、総負債は¥7.1Bで、負債比率は15.1%となります。総資産と総負債はそれぞれ¥73.5Bと¥26.5Bです。 WingArc1stの EBIT は¥9.0Bで、利息カバレッジ比率-179.8です。現金および短期投資は¥13.3Bです。主要情報15.13%負債資本比率JP¥7.12b負債インタレスト・カバレッジ・レシオ-179.8x現金JP¥13.34bエクイティJP¥47.03b負債合計JP¥26.46b総資産JP¥73.49b財務の健全性に関する最新情報分析記事 • May 20Does WingArc1st (TSE:4432) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...すべての更新を表示Recent updatesお知らせ • May 13WingArc1st Inc. to Report Q1, 2027 Results on Jul 14, 2026WingArc1st Inc. announced that they will report Q1, 2027 results on Jul 14, 2026Reported Earnings • Apr 10Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥188 (up from JP¥172 in FY 2025). Revenue: JP¥30.9b (up 7.8% from FY 2025). Net income: JP¥6.50b (up 9.6% from FY 2025). Profit margin: 21% (in line with FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.4%. Revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 10% per year.お知らせ • Apr 09WingArc1st Inc., Annual General Meeting, May 28, 2026WingArc1st Inc., Annual General Meeting, May 28, 2026.Buy Or Sell Opportunity • Feb 24Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 28% to JP¥2,541. The fair value is estimated to be JP¥3,202, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last 3 years. Earnings per share has grown by 6.2%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 43% in the next 2 years.Upcoming Dividend • Feb 19Upcoming dividend of JP¥52.00 per shareEligible shareholders must have bought the stock before 26 February 2026. Payment date: 15 May 2026. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.2%).分析記事 • Feb 04Calculating The Fair Value Of WingArc1st Inc. (TSE:4432)Key Insights WingArc1st's estimated fair value is JP¥3,150 based on 2 Stage Free Cash Flow to Equity Current share...Reported Earnings • Jan 15Third quarter 2026 earnings released: EPS: JP¥42.81 (vs JP¥32.04 in 3Q 2025)Third quarter 2026 results: EPS: JP¥42.81 (up from JP¥32.04 in 3Q 2025). Revenue: JP¥7.79b (up 16% from 3Q 2025). Net income: JP¥1.48b (up 34% from 3Q 2025). Profit margin: 19% (up from 16% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Jan 14Now 20% undervaluedOver the last 90 days, the stock has risen 14% to JP¥3,475. The fair value is estimated to be JP¥4,366, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 5.8%. Revenue is forecast to grow by 28% in 2 years. Earnings are forecast to grow by 53% in the next 2 years.Buy Or Sell Opportunity • Dec 24Now 21% undervaluedOver the last 90 days, the stock has risen 4.4% to JP¥3,555. The fair value is estimated to be JP¥4,492, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 5.8%. Revenue is forecast to grow by 28% in 2 years. Earnings are forecast to grow by 53% in the next 2 years.お知らせ • Nov 05WingArc1st Inc. to Report Q3, 2026 Results on Jan 15, 2026WingArc1st Inc. announced that they will report Q3, 2026 results on Jan 15, 2026Reported Earnings • Oct 16Second quarter 2026 earnings released: EPS: JP¥42.48 (vs JP¥53.61 in 2Q 2025)Second quarter 2026 results: EPS: JP¥42.48 (down from JP¥53.61 in 2Q 2025). Revenue: JP¥7.40b (down 4.6% from 2Q 2025). Net income: JP¥1.47b (down 20% from 2Q 2025). Profit margin: 20% (down from 24% in 2Q 2025). Revenue is forecast to grow 10% 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, earnings per share has increased by 6% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Oct 01WingArc1st Inc.'s (TSE:4432) Intrinsic Value Is Potentially 42% Above Its Share PriceKey Insights The projected fair value for WingArc1st is JP¥4,484 based on 2 Stage Free Cash Flow to Equity Current...分析記事 • Aug 22WingArc1st (TSE:4432) Will Pay A Dividend Of ¥52.00WingArc1st Inc. ( TSE:4432 ) will pay a dividend of ¥52.00 on the 11th of November. This will take the annual payment...お知らせ • Aug 22WingArc1st Inc. to Report Q2, 2026 Results on Oct 15, 2025WingArc1st Inc. announced that they will report Q2, 2026 results on Oct 15, 2025Upcoming Dividend • Aug 21Upcoming dividend of JP¥52.00 per shareEligible shareholders must have bought the stock before 28 August 2025. Payment date: 11 November 2025. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%).Buy Or Sell Opportunity • Aug 20Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.6% to JP¥3,600. The fair value is estimated to be JP¥4,567, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 6.7%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 36% in the next 2 years.Buy Or Sell Opportunity • Jul 29Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.0% to JP¥3,580. The fair value is estimated to be JP¥4,586, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 6.7%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 36% in the next 2 years.分析記事 • Jul 27WingArc1st (TSE:4432) Will Pay A Dividend Of ¥52.00The board of WingArc1st Inc. ( TSE:4432 ) has announced that it will pay a dividend on the 11th of November, with...Reported Earnings • Jul 14First quarter 2026 earnings released: EPS: JP¥42.36 (vs JP¥50.79 in 1Q 2025)First quarter 2026 results: EPS: JP¥42.36 (down from JP¥50.79 in 1Q 2025). Revenue: JP¥7.31b (up 2.7% from 1Q 2025). Net income: JP¥1.47b (down 16% from 1Q 2025). Profit margin: 20% (down from 25% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.4% 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, earnings per share has increased by 7% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Jul 13WingArc1st (TSE:4432) Is Due To Pay A Dividend Of ¥52.00WingArc1st Inc. ( TSE:4432 ) will pay a dividend of ¥52.00 on the 11th of November. This makes the dividend yield 2.9...Declared Dividend • Jul 12Final dividend increased to JP¥52.00Dividend of JP¥52.00 is 24% higher than last year. Ex-date: 28th August 2025 Payment date: 11th November 2025 Dividend yield will be 3.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 26% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 40% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • Jul 10Returns Are Gaining Momentum At WingArc1st (TSE:4432)If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...お知らせ • Jul 10+ 1 more updateWingarc1st Inc. Announces Cash Dividend Guidance for the Second Quarter Ending February 28, 2026WingArc1st Inc. announced cash dividend guidance for the second quarter ending February 28, 2026. For the quarter, the company announced a dividend of JPY 52.00 per share as compared to JPY 42.00 per share in the last year.お知らせ • Jul 02WingArc1st Inc. (TSE:4432) acquired Digital Government Business from Smartvalue Co., Ltd. (TSE:9417).WingArc1st Inc. (TSE:4432) agreed to acquire Digital Government Business from Smartvalue Co., Ltd. (TSE:9417) for ¥2.3 billion on April 10, 2025. A cash consideration of ¥2.3 billion will be paid by WingArc1st Inc. As part of consideration, ¥2.3 billion is paid towards assets of Digital Government Business of Smartvalue Co., Ltd. Smartvalue will issue target'a 500 common shares at the time of the Company Split. For the period ending June 30, 2024, Digital Government Business of Smartvalue Co., Ltd reported total revenue of ¥3.81 billion, operating loss of ¥308 million and net loss of ¥348 million. As of June 30, 2024, Digital Government Business of Smartvalue Co., Ltd reported total assets of ¥4.04 billion and total common equity of ¥2.16 billion. The expected completion of the transaction is June 30, 2025. WingArc1st Inc. (TSE:4432) completed the acquisition of Digital Government Business from Smartvalue Co., Ltd. (TSE:9417) on June 30, 2025.Reported Earnings • Jun 04Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥172 (up from JP¥158 in FY 2024). Revenue: JP¥28.7b (up 12% from FY 2024). Net income: JP¥5.93b (up 9.6% from FY 2024). Profit margin: 21% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.3%. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 22WingArc1st Inc. to Report Q1, 2026 Results on Jul 10, 2025WingArc1st Inc. announced that they will report Q1, 2026 results on Jul 10, 2025分析記事 • May 20Does WingArc1st (TSE:4432) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • Apr 11Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥172 (up from JP¥158 in FY 2024). Revenue: JP¥28.7b (up 12% from FY 2024). Net income: JP¥5.93b (up 9.6% from FY 2024). Profit margin: 21% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.3%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 10.0% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 10+ 3 more updatesWingArc1st Inc., Annual General Meeting, May 30, 2025WingArc1st Inc., Annual General Meeting, May 30, 2025.Upcoming Dividend • Feb 20Upcoming dividend of JP¥62.00 per shareEligible shareholders must have bought the stock before 27 February 2025. Payment date: 16 May 2025. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.2%).分析記事 • Feb 03WingArc1st's (TSE:4432) Upcoming Dividend Will Be Larger Than Last Year'sThe board of WingArc1st Inc. ( TSE:4432 ) has announced that it will be paying its dividend of ¥62.00 on the 16th of...お知らせ • Feb 03WingArc1st Inc. to Report Fiscal Year 2025 Results on Apr 10, 2025WingArc1st Inc. announced that they will report fiscal year 2025 results on Apr 10, 2025分析記事 • Jan 19WingArc1st's (TSE:4432) Dividend Will Be Increased To ¥62.00WingArc1st Inc. ( TSE:4432 ) has announced that it will be increasing its periodic dividend on the 16th of May to...Declared Dividend • Jan 19Dividend increased to JP¥62.00Dividend of JP¥62.00 is 37% higher than last year. Ex-date: 27th February 2025 Payment date: 16th May 2025 Dividend yield will be 3.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (53% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 21% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 29% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Jan 18Now 21% undervaluedOver the last 90 days, the stock has risen 2.1% to JP¥3,340. The fair value is estimated to be JP¥4,242, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 6.6%. Revenue is forecast to grow by 25% in 2 years. Earnings are forecast to grow by 32% in the next 2 years.Reported Earnings • Jan 15Third quarter 2025 earnings released: EPS: JP¥32.03 (vs JP¥32.22 in 3Q 2024)Third quarter 2025 results: EPS: JP¥32.03. Revenue: JP¥6.74b (up 8.9% from 3Q 2024). Net income: JP¥1.11b (flat on 3Q 2024). Profit margin: 16% (down from 18% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Software industry in Japan.分析記事 • Dec 04WingArc1st (TSE:4432) Is Experiencing Growth In Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...お知らせ • Nov 27WingArc1st Inc. to Report Q3, 2025 Results on Jan 14, 2025WingArc1st Inc. announced that they will report Q3, 2025 results on Jan 14, 2025Reported Earnings • Oct 11Second quarter 2025 earnings released: EPS: JP¥53.63 (vs JP¥45.54 in 2Q 2024)Second quarter 2025 results: EPS: JP¥53.63 (up from JP¥45.54 in 2Q 2024). Revenue: JP¥7.75b (up 18% from 2Q 2024). Net income: JP¥1.85b (up 19% from 2Q 2024). Profit margin: 24% (in line with 2Q 2024). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 13% per year.Upcoming Dividend • Aug 22Upcoming dividend of JP¥42.00 per shareEligible shareholders must have bought the stock before 29 August 2024. Payment date: 13 November 2024. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.3%).Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥2,394, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 19x in the Software industry in Japan. Total returns to shareholders of 37% over the past three years.お知らせ • Jul 30WingArc1st Inc. to Report Q2, 2025 Results on Oct 10, 2024WingArc1st Inc. announced that they will report Q2, 2025 results on Oct 10, 2024分析記事 • Jul 29WingArc1st (TSE:4432) Will Pay A Dividend Of ¥42.00WingArc1st Inc.'s ( TSE:4432 ) investors are due to receive a payment of ¥42.00 per share on 13th of November. This...分析記事 • Jul 15WingArc1st's (TSE:4432) Dividend Will Be ¥42.00WingArc1st Inc. ( TSE:4432 ) will pay a dividend of ¥42.00 on the 13th of November. This will take the annual payment...Reported Earnings • Jul 13First quarter 2025 earnings released: EPS: JP¥50.80 (vs JP¥53.84 in 1Q 2024)First quarter 2025 results: EPS: JP¥50.80 (down from JP¥53.84 in 1Q 2024). Revenue: JP¥7.12b (up 2.9% from 1Q 2024). Net income: JP¥1.75b (down 4.8% from 1Q 2024). Profit margin: 25% (down from 27% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jun 06Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥158 (up from JP¥130 in FY 2023). Revenue: JP¥25.8b (up 15% from FY 2023). Net income: JP¥5.41b (up 23% from FY 2023). Profit margin: 21% (up from 20% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.6%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.お知らせ • May 29WingArc1st Inc. to Report Q1, 2025 Results on Jul 11, 2024WingArc1st Inc. announced that they will report Q1, 2025 results on Jul 11, 2024Reported Earnings • Apr 12Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥158 (up from JP¥130 in FY 2023). Revenue: JP¥25.8b (up 15% from FY 2023). Net income: JP¥5.41b (up 23% from FY 2023). Profit margin: 21% (up from 20% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.6%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 11+ 3 more updatesWingArc1st Inc., Annual General Meeting, May 30, 2024WingArc1st Inc., Annual General Meeting, May 30, 2024. Agenda: To consider approval of the continuation and partial amendment of the performance-linked share-based remuneration plan introduced in 2021 for Directors (excluding non-residents of Japan) and Executive Officers (excluding non-residents of Japan); and to consider other matters.分析記事 • Apr 03WingArc1st Inc.'s (TSE:4432) Price Is Out Of Tune With EarningsWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") below 14x, you may consider...Buy Or Sell Opportunity • Apr 01Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.2% to JP¥2,978. The fair value is estimated to be JP¥3,812, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 27% in the next 2 years.Buy Or Sell Opportunity • Mar 14Now 21% undervaluedOver the last 90 days, the stock has risen 3.6% to JP¥3,025. The fair value is estimated to be JP¥3,809, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 27% in the next 2 years.お知らせ • Feb 28WingArc1st Inc. to Report Fiscal Year 2024 Results on Apr 11, 2024WingArc1st Inc. announced that they will report fiscal year 2024 results on Apr 11, 2024Upcoming Dividend • Feb 21Upcoming dividend of JP¥42.20 per shareEligible shareholders must have bought the stock before 28 February 2024. Payment date: 13 May 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.5%).New Risk • Jan 15New 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 5.6% 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 (5.6% average weekly change).Reported Earnings • Jan 14Third quarter 2024 earnings released: EPS: JP¥32.24 (vs JP¥32.58 in 3Q 2023)Third quarter 2024 results: EPS: JP¥32.24 (down from JP¥32.58 in 3Q 2023). Revenue: JP¥6.19b (up 9.7% from 3Q 2023). Net income: JP¥1.10b (flat on 3Q 2023). Profit margin: 18% (down from 20% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan.Buying Opportunity • Jan 13Now 21% undervaluedOver the last 90 days, the stock is up 7.4%. The fair value is estimated to be JP¥3,544, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 32% in 2 years. Earnings is forecast to grow by 29% in the next 2 years.お知らせ • Jan 12WingArc1st Inc. Revises Dividend Guidance for the Fiscal Year Ending February 29, 2024WingArc1st Inc. revised dividend guidance for the fiscal year ending February 29, 2024. For the year-end, company now expects to pay year-end dividend of JPY 42.20 per share compared to JPY 21.80 per share paid a year ago.お知らせ • Nov 10WingArc1st Inc. to Report Q3, 2024 Results on Jan 12, 2024WingArc1st Inc. announced that they will report Q3, 2024 results on Jan 12, 2024お知らせ • Oct 19WingArc1st Inc. Announces Resignation of Masato Horiuchi as Outside DirectorWingArc1st Inc. announced resignation of Masato Horiuchi as Outside Director, due to personal reasons. Date of resignation is October 19, 2023.Reported Earnings • Oct 13Second quarter 2024 earnings released: EPS: JP¥45.57 (vs JP¥39.87 in 2Q 2023)Second quarter 2024 results: EPS: JP¥45.57 (up from JP¥39.87 in 2Q 2023). Revenue: JP¥6.58b (up 16% from 2Q 2023). Net income: JP¥1.56b (up 15% from 2Q 2023). Profit margin: 24% (in line with 2Q 2023). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan.お知らせ • Oct 13WingArc1st Inc. Revises Dividend Guidance for the Second Quarter and Year End for the Fiscal Year Ending February 29, 2024WingArc1st Inc. revised dividend guidance for the second quarter and year end for the fiscal year ending February 29, 2024. For the second quarter, company expects to pay dividend of JPY 33.50 per share compared to JPY 21.30 per share paid a year ago. Record date is August 31, 2023. Effective date is November 13, 2023.For the year-end, company expects to pay year-end dividend of JPY 33.50 per share compared to JPY 21.80 per share paid a year ago.Upcoming Dividend • Aug 23Upcoming dividend of JP¥22.50 per share at 1.7% yieldEligible shareholders must have bought the stock before 30 August 2023. Payment date: 09 November 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (1.7%).お知らせ • Aug 03WingArc1st Inc. to Report Q2, 2024 Results on Oct 12, 2023WingArc1st Inc. announced that they will report Q2, 2024 results on Oct 12, 2023New Risk • Jul 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 7.7% 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. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥2,750, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 30x in the Software industry in Japan. Total returns to shareholders of 56% over the past year.Valuation Update With 7 Day Price Move • Jun 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥2,619, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 29x in the Software industry in Japan. Total returns to shareholders of 89% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,699 per share.Reported Earnings • May 30Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥130. Revenue: JP¥22.3b (up 13% from FY 2022). Net income: JP¥4.40b (up 1.1% from FY 2022). Profit margin: 20% (down from 22% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 10%. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan.Buying Opportunity • May 10Now 20% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be JP¥2,688, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 6.5% per annum. Earnings is also forecast to grow by 8.1% per annum over the same time period.Reported Earnings • Apr 14Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥130. Revenue: JP¥22.3b (up 13% from FY 2022). Net income: JP¥4.40b (up 1.1% from FY 2022). Profit margin: 20% (down from 22% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 10%. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Japan.Price Target Changed • Apr 14Price target increased by 11% to JP¥2,100Up from JP¥1,900, the current price target is provided by 1 analyst. New target price is 5.7% above last closing price of JP¥1,986. Stock is up 52% over the past year.Upcoming Dividend • Feb 20Upcoming dividend of JP¥21.30 per share at 2.4% yieldEligible shareholders must have bought the stock before 27 February 2023. Payment date: 11 May 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.8%).Reported Earnings • Jan 13Third quarter 2023 earnings released: EPS: JP¥32.59 (vs JP¥37.16 in 3Q 2022)Third quarter 2023 results: EPS: JP¥32.59 (down from JP¥37.16 in 3Q 2022). Revenue: JP¥5.64b (up 8.9% from 3Q 2022). Net income: JP¥1.11b (down 12% from 3Q 2022). Profit margin: 20% (down from 24% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.8% 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 12+ 1 more updateWingArc1st Inc. provides Consolidated Earnings Guidance for the Fiscal Year Ending February 28, 2023WingArc1st Inc. provided Consolidated earnings guidance for the fiscal year ending February 28, 2023. For the year, the company expects Revenue to be JPY 22,000 million, Operating profit to be JPY 5,650 million.お知らせ • Nov 30WingArc1st Inc. to Report Q3, 2023 Results on Jan 12, 2023WingArc1st Inc. announced that they will report Q3, 2023 results on Jan 12, 2023Board Change • Nov 16High number of new directorsIndependent Outside Director Shunsuke Okada was the last director to join the board, commencing their role in 2022.Valuation Update With 7 Day Price Move • Oct 19Investor sentiment improved over the past weekAfter last week's 22% share price gain to JP¥2,192, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 23x in the Software industry in Japan. Total returns to shareholders of 4.5% over the past year.Reported Earnings • Oct 13Second quarter 2023 earnings released: EPS: JP¥39.88 (vs JP¥33.92 in 2Q 2022)Second quarter 2023 results: EPS: JP¥39.88 (up from JP¥33.92 in 2Q 2022). Revenue: JP¥5.65b (up 14% from 2Q 2022). Net income: JP¥1.35b (up 21% from 2Q 2022). Profit margin: 24% (up from 23% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan.お知らせ • Oct 12+ 2 more updatesWingarc1st Inc. Provides Dividend Guidance for the Fiscal Year Ending February 28, 2023WingArc1st Inc. provided dividend guidance for the fiscal year ending February 28, 2023. The company expects to pay year end dividend of JPY 21.30 per share compared to JPY 22.00 per share paid a year ago.お知らせ • Sep 04WingArc1st Inc. to Report Q2, 2023 Results on Oct 12, 2022WingArc1st Inc. announced that they will report Q2, 2023 results on Oct 12, 2022Upcoming Dividend • Aug 23Upcoming dividend of JP¥21.30 per shareEligible shareholders must have bought the stock before 30 August 2022. Payment date: 10 November 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).Reported Earnings • Jul 14First quarter 2023 earnings released: EPS: JP¥42.69 (vs JP¥32.47 in 1Q 2022)First quarter 2023 results: EPS: JP¥42.69 (up from JP¥32.47 in 1Q 2022). Revenue: JP¥5.72b (up 21% from 1Q 2022). Net income: JP¥1.45b (up 44% from 1Q 2022). Profit margin: 25% (up from 21% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 5.0%, compared to a 14% growth forecast for the industry in Japan.お知らせ • Jul 14Wingarc1st Inc. Provides Earnings Forecasts for the Fiscal Year Ending February 28, 2023WingArc1st Inc. provides earnings forecasts for the fiscal year ending February 28, 2023. For the year, company expects revenue of JPY 21,000 million, operating profit to be JPY 4,750 million.Price Target Changed • Jul 14Price target increased to JP¥1,500Up from JP¥1,400, the current price target is provided by 1 analyst. New target price is 6.3% below last closing price of JP¥1,600. Stock is down 27% over the past year. The company is forecast to post earnings per share of JP¥107 for next year compared to JP¥132 last year.Reported Earnings • Jun 01Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: JP¥132 (up from JP¥79.45 in FY 2021). Revenue: JP¥19.8b (up 8.5% from FY 2021). Net income: JP¥4.35b (up 78% from FY 2021). Profit margin: 22% (up from 13% in FY 2021). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 7.6%, compared to a 13% growth forecast for the industry in Japan.Board Change • May 31Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Kotaro Yamazawa was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.財務状況分析短期負債: 4432の 短期資産 ( ¥18.0B ) が 短期負債 ( ¥15.3B ) を超えています。長期負債: 4432の短期資産 ( ¥18.0B ) が 長期負債 ( ¥11.2B ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: 4432総負債よりも多くの現金を保有しています。負債の削減: 4432の負債対資本比率は、過去 5 年間で62.9%から15.1%に減少しました。債務返済能力: 4432の負債は 営業キャッシュフロー によって 十分にカバー されています ( 101.1% )。インタレストカバレッジ: 4432支払う利息よりも稼ぐ利息の方が多いので、利息支払い の補償は問題になりません。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YSoftware 業界の健全な企業。View Dividend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2026/05/23 03:24終値2026/05/22 00:00収益2026/02/28年間収益2026/02/28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WingArc1st Inc. 4 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Teruo IsozakiIchiyoshi Research Institute Inc.Hiroto SegawaMorgan StanleySatoshi SakaeNomura Securities Co. Ltd.2 その他のアナリストを表示
分析記事 • May 20Does WingArc1st (TSE:4432) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
お知らせ • May 13WingArc1st Inc. to Report Q1, 2027 Results on Jul 14, 2026WingArc1st Inc. announced that they will report Q1, 2027 results on Jul 14, 2026
Reported Earnings • Apr 10Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥188 (up from JP¥172 in FY 2025). Revenue: JP¥30.9b (up 7.8% from FY 2025). Net income: JP¥6.50b (up 9.6% from FY 2025). Profit margin: 21% (in line with FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.4%. Revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 10% per year.
お知らせ • Apr 09WingArc1st Inc., Annual General Meeting, May 28, 2026WingArc1st Inc., Annual General Meeting, May 28, 2026.
Buy Or Sell Opportunity • Feb 24Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 28% to JP¥2,541. The fair value is estimated to be JP¥3,202, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last 3 years. Earnings per share has grown by 6.2%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 43% in the next 2 years.
Upcoming Dividend • Feb 19Upcoming dividend of JP¥52.00 per shareEligible shareholders must have bought the stock before 26 February 2026. Payment date: 15 May 2026. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.2%).
分析記事 • Feb 04Calculating The Fair Value Of WingArc1st Inc. (TSE:4432)Key Insights WingArc1st's estimated fair value is JP¥3,150 based on 2 Stage Free Cash Flow to Equity Current share...
Reported Earnings • Jan 15Third quarter 2026 earnings released: EPS: JP¥42.81 (vs JP¥32.04 in 3Q 2025)Third quarter 2026 results: EPS: JP¥42.81 (up from JP¥32.04 in 3Q 2025). Revenue: JP¥7.79b (up 16% from 3Q 2025). Net income: JP¥1.48b (up 34% from 3Q 2025). Profit margin: 19% (up from 16% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Jan 14Now 20% undervaluedOver the last 90 days, the stock has risen 14% to JP¥3,475. The fair value is estimated to be JP¥4,366, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 5.8%. Revenue is forecast to grow by 28% in 2 years. Earnings are forecast to grow by 53% in the next 2 years.
Buy Or Sell Opportunity • Dec 24Now 21% undervaluedOver the last 90 days, the stock has risen 4.4% to JP¥3,555. The fair value is estimated to be JP¥4,492, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 5.8%. Revenue is forecast to grow by 28% in 2 years. Earnings are forecast to grow by 53% in the next 2 years.
お知らせ • Nov 05WingArc1st Inc. to Report Q3, 2026 Results on Jan 15, 2026WingArc1st Inc. announced that they will report Q3, 2026 results on Jan 15, 2026
Reported Earnings • Oct 16Second quarter 2026 earnings released: EPS: JP¥42.48 (vs JP¥53.61 in 2Q 2025)Second quarter 2026 results: EPS: JP¥42.48 (down from JP¥53.61 in 2Q 2025). Revenue: JP¥7.40b (down 4.6% from 2Q 2025). Net income: JP¥1.47b (down 20% from 2Q 2025). Profit margin: 20% (down from 24% in 2Q 2025). Revenue is forecast to grow 10% 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, earnings per share has increased by 6% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Oct 01WingArc1st Inc.'s (TSE:4432) Intrinsic Value Is Potentially 42% Above Its Share PriceKey Insights The projected fair value for WingArc1st is JP¥4,484 based on 2 Stage Free Cash Flow to Equity Current...
分析記事 • Aug 22WingArc1st (TSE:4432) Will Pay A Dividend Of ¥52.00WingArc1st Inc. ( TSE:4432 ) will pay a dividend of ¥52.00 on the 11th of November. This will take the annual payment...
お知らせ • Aug 22WingArc1st Inc. to Report Q2, 2026 Results on Oct 15, 2025WingArc1st Inc. announced that they will report Q2, 2026 results on Oct 15, 2025
Upcoming Dividend • Aug 21Upcoming dividend of JP¥52.00 per shareEligible shareholders must have bought the stock before 28 August 2025. Payment date: 11 November 2025. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%).
Buy Or Sell Opportunity • Aug 20Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.6% to JP¥3,600. The fair value is estimated to be JP¥4,567, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 6.7%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 36% in the next 2 years.
Buy Or Sell Opportunity • Jul 29Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.0% to JP¥3,580. The fair value is estimated to be JP¥4,586, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 6.7%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 36% in the next 2 years.
分析記事 • Jul 27WingArc1st (TSE:4432) Will Pay A Dividend Of ¥52.00The board of WingArc1st Inc. ( TSE:4432 ) has announced that it will pay a dividend on the 11th of November, with...
Reported Earnings • Jul 14First quarter 2026 earnings released: EPS: JP¥42.36 (vs JP¥50.79 in 1Q 2025)First quarter 2026 results: EPS: JP¥42.36 (down from JP¥50.79 in 1Q 2025). Revenue: JP¥7.31b (up 2.7% from 1Q 2025). Net income: JP¥1.47b (down 16% from 1Q 2025). Profit margin: 20% (down from 25% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.4% 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, earnings per share has increased by 7% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Jul 13WingArc1st (TSE:4432) Is Due To Pay A Dividend Of ¥52.00WingArc1st Inc. ( TSE:4432 ) will pay a dividend of ¥52.00 on the 11th of November. This makes the dividend yield 2.9...
Declared Dividend • Jul 12Final dividend increased to JP¥52.00Dividend of JP¥52.00 is 24% higher than last year. Ex-date: 28th August 2025 Payment date: 11th November 2025 Dividend yield will be 3.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 26% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 40% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • Jul 10Returns Are Gaining Momentum At WingArc1st (TSE:4432)If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
お知らせ • Jul 10+ 1 more updateWingarc1st Inc. Announces Cash Dividend Guidance for the Second Quarter Ending February 28, 2026WingArc1st Inc. announced cash dividend guidance for the second quarter ending February 28, 2026. For the quarter, the company announced a dividend of JPY 52.00 per share as compared to JPY 42.00 per share in the last year.
お知らせ • Jul 02WingArc1st Inc. (TSE:4432) acquired Digital Government Business from Smartvalue Co., Ltd. (TSE:9417).WingArc1st Inc. (TSE:4432) agreed to acquire Digital Government Business from Smartvalue Co., Ltd. (TSE:9417) for ¥2.3 billion on April 10, 2025. A cash consideration of ¥2.3 billion will be paid by WingArc1st Inc. As part of consideration, ¥2.3 billion is paid towards assets of Digital Government Business of Smartvalue Co., Ltd. Smartvalue will issue target'a 500 common shares at the time of the Company Split. For the period ending June 30, 2024, Digital Government Business of Smartvalue Co., Ltd reported total revenue of ¥3.81 billion, operating loss of ¥308 million and net loss of ¥348 million. As of June 30, 2024, Digital Government Business of Smartvalue Co., Ltd reported total assets of ¥4.04 billion and total common equity of ¥2.16 billion. The expected completion of the transaction is June 30, 2025. WingArc1st Inc. (TSE:4432) completed the acquisition of Digital Government Business from Smartvalue Co., Ltd. (TSE:9417) on June 30, 2025.
Reported Earnings • Jun 04Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥172 (up from JP¥158 in FY 2024). Revenue: JP¥28.7b (up 12% from FY 2024). Net income: JP¥5.93b (up 9.6% from FY 2024). Profit margin: 21% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.3%. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 22WingArc1st Inc. to Report Q1, 2026 Results on Jul 10, 2025WingArc1st Inc. announced that they will report Q1, 2026 results on Jul 10, 2025
分析記事 • May 20Does WingArc1st (TSE:4432) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Apr 11Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥172 (up from JP¥158 in FY 2024). Revenue: JP¥28.7b (up 12% from FY 2024). Net income: JP¥5.93b (up 9.6% from FY 2024). Profit margin: 21% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.3%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 10.0% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 10+ 3 more updatesWingArc1st Inc., Annual General Meeting, May 30, 2025WingArc1st Inc., Annual General Meeting, May 30, 2025.
Upcoming Dividend • Feb 20Upcoming dividend of JP¥62.00 per shareEligible shareholders must have bought the stock before 27 February 2025. Payment date: 16 May 2025. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.2%).
分析記事 • Feb 03WingArc1st's (TSE:4432) Upcoming Dividend Will Be Larger Than Last Year'sThe board of WingArc1st Inc. ( TSE:4432 ) has announced that it will be paying its dividend of ¥62.00 on the 16th of...
お知らせ • Feb 03WingArc1st Inc. to Report Fiscal Year 2025 Results on Apr 10, 2025WingArc1st Inc. announced that they will report fiscal year 2025 results on Apr 10, 2025
分析記事 • Jan 19WingArc1st's (TSE:4432) Dividend Will Be Increased To ¥62.00WingArc1st Inc. ( TSE:4432 ) has announced that it will be increasing its periodic dividend on the 16th of May to...
Declared Dividend • Jan 19Dividend increased to JP¥62.00Dividend of JP¥62.00 is 37% higher than last year. Ex-date: 27th February 2025 Payment date: 16th May 2025 Dividend yield will be 3.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (53% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 21% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 29% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Jan 18Now 21% undervaluedOver the last 90 days, the stock has risen 2.1% to JP¥3,340. The fair value is estimated to be JP¥4,242, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 6.6%. Revenue is forecast to grow by 25% in 2 years. Earnings are forecast to grow by 32% in the next 2 years.
Reported Earnings • Jan 15Third quarter 2025 earnings released: EPS: JP¥32.03 (vs JP¥32.22 in 3Q 2024)Third quarter 2025 results: EPS: JP¥32.03. Revenue: JP¥6.74b (up 8.9% from 3Q 2024). Net income: JP¥1.11b (flat on 3Q 2024). Profit margin: 16% (down from 18% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Software industry in Japan.
分析記事 • Dec 04WingArc1st (TSE:4432) Is Experiencing Growth In Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
お知らせ • Nov 27WingArc1st Inc. to Report Q3, 2025 Results on Jan 14, 2025WingArc1st Inc. announced that they will report Q3, 2025 results on Jan 14, 2025
Reported Earnings • Oct 11Second quarter 2025 earnings released: EPS: JP¥53.63 (vs JP¥45.54 in 2Q 2024)Second quarter 2025 results: EPS: JP¥53.63 (up from JP¥45.54 in 2Q 2024). Revenue: JP¥7.75b (up 18% from 2Q 2024). Net income: JP¥1.85b (up 19% from 2Q 2024). Profit margin: 24% (in line with 2Q 2024). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 13% per year.
Upcoming Dividend • Aug 22Upcoming dividend of JP¥42.00 per shareEligible shareholders must have bought the stock before 29 August 2024. Payment date: 13 November 2024. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.3%).
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥2,394, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 19x in the Software industry in Japan. Total returns to shareholders of 37% over the past three years.
お知らせ • Jul 30WingArc1st Inc. to Report Q2, 2025 Results on Oct 10, 2024WingArc1st Inc. announced that they will report Q2, 2025 results on Oct 10, 2024
分析記事 • Jul 29WingArc1st (TSE:4432) Will Pay A Dividend Of ¥42.00WingArc1st Inc.'s ( TSE:4432 ) investors are due to receive a payment of ¥42.00 per share on 13th of November. This...
分析記事 • Jul 15WingArc1st's (TSE:4432) Dividend Will Be ¥42.00WingArc1st Inc. ( TSE:4432 ) will pay a dividend of ¥42.00 on the 13th of November. This will take the annual payment...
Reported Earnings • Jul 13First quarter 2025 earnings released: EPS: JP¥50.80 (vs JP¥53.84 in 1Q 2024)First quarter 2025 results: EPS: JP¥50.80 (down from JP¥53.84 in 1Q 2024). Revenue: JP¥7.12b (up 2.9% from 1Q 2024). Net income: JP¥1.75b (down 4.8% from 1Q 2024). Profit margin: 25% (down from 27% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jun 06Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥158 (up from JP¥130 in FY 2023). Revenue: JP¥25.8b (up 15% from FY 2023). Net income: JP¥5.41b (up 23% from FY 2023). Profit margin: 21% (up from 20% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.6%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
お知らせ • May 29WingArc1st Inc. to Report Q1, 2025 Results on Jul 11, 2024WingArc1st Inc. announced that they will report Q1, 2025 results on Jul 11, 2024
Reported Earnings • Apr 12Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥158 (up from JP¥130 in FY 2023). Revenue: JP¥25.8b (up 15% from FY 2023). Net income: JP¥5.41b (up 23% from FY 2023). Profit margin: 21% (up from 20% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.6%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 11+ 3 more updatesWingArc1st Inc., Annual General Meeting, May 30, 2024WingArc1st Inc., Annual General Meeting, May 30, 2024. Agenda: To consider approval of the continuation and partial amendment of the performance-linked share-based remuneration plan introduced in 2021 for Directors (excluding non-residents of Japan) and Executive Officers (excluding non-residents of Japan); and to consider other matters.
分析記事 • Apr 03WingArc1st Inc.'s (TSE:4432) Price Is Out Of Tune With EarningsWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") below 14x, you may consider...
Buy Or Sell Opportunity • Apr 01Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.2% to JP¥2,978. The fair value is estimated to be JP¥3,812, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 27% in the next 2 years.
Buy Or Sell Opportunity • Mar 14Now 21% undervaluedOver the last 90 days, the stock has risen 3.6% to JP¥3,025. The fair value is estimated to be JP¥3,809, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 27% in the next 2 years.
お知らせ • Feb 28WingArc1st Inc. to Report Fiscal Year 2024 Results on Apr 11, 2024WingArc1st Inc. announced that they will report fiscal year 2024 results on Apr 11, 2024
Upcoming Dividend • Feb 21Upcoming dividend of JP¥42.20 per shareEligible shareholders must have bought the stock before 28 February 2024. Payment date: 13 May 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.5%).
New Risk • Jan 15New 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 5.6% 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 (5.6% average weekly change).
Reported Earnings • Jan 14Third quarter 2024 earnings released: EPS: JP¥32.24 (vs JP¥32.58 in 3Q 2023)Third quarter 2024 results: EPS: JP¥32.24 (down from JP¥32.58 in 3Q 2023). Revenue: JP¥6.19b (up 9.7% from 3Q 2023). Net income: JP¥1.10b (flat on 3Q 2023). Profit margin: 18% (down from 20% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan.
Buying Opportunity • Jan 13Now 21% undervaluedOver the last 90 days, the stock is up 7.4%. The fair value is estimated to be JP¥3,544, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 32% in 2 years. Earnings is forecast to grow by 29% in the next 2 years.
お知らせ • Jan 12WingArc1st Inc. Revises Dividend Guidance for the Fiscal Year Ending February 29, 2024WingArc1st Inc. revised dividend guidance for the fiscal year ending February 29, 2024. For the year-end, company now expects to pay year-end dividend of JPY 42.20 per share compared to JPY 21.80 per share paid a year ago.
お知らせ • Nov 10WingArc1st Inc. to Report Q3, 2024 Results on Jan 12, 2024WingArc1st Inc. announced that they will report Q3, 2024 results on Jan 12, 2024
お知らせ • Oct 19WingArc1st Inc. Announces Resignation of Masato Horiuchi as Outside DirectorWingArc1st Inc. announced resignation of Masato Horiuchi as Outside Director, due to personal reasons. Date of resignation is October 19, 2023.
Reported Earnings • Oct 13Second quarter 2024 earnings released: EPS: JP¥45.57 (vs JP¥39.87 in 2Q 2023)Second quarter 2024 results: EPS: JP¥45.57 (up from JP¥39.87 in 2Q 2023). Revenue: JP¥6.58b (up 16% from 2Q 2023). Net income: JP¥1.56b (up 15% from 2Q 2023). Profit margin: 24% (in line with 2Q 2023). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan.
お知らせ • Oct 13WingArc1st Inc. Revises Dividend Guidance for the Second Quarter and Year End for the Fiscal Year Ending February 29, 2024WingArc1st Inc. revised dividend guidance for the second quarter and year end for the fiscal year ending February 29, 2024. For the second quarter, company expects to pay dividend of JPY 33.50 per share compared to JPY 21.30 per share paid a year ago. Record date is August 31, 2023. Effective date is November 13, 2023.For the year-end, company expects to pay year-end dividend of JPY 33.50 per share compared to JPY 21.80 per share paid a year ago.
Upcoming Dividend • Aug 23Upcoming dividend of JP¥22.50 per share at 1.7% yieldEligible shareholders must have bought the stock before 30 August 2023. Payment date: 09 November 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (1.7%).
お知らせ • Aug 03WingArc1st Inc. to Report Q2, 2024 Results on Oct 12, 2023WingArc1st Inc. announced that they will report Q2, 2024 results on Oct 12, 2023
New Risk • Jul 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 7.7% 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. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥2,750, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 30x in the Software industry in Japan. Total returns to shareholders of 56% over the past year.
Valuation Update With 7 Day Price Move • Jun 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥2,619, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 29x in the Software industry in Japan. Total returns to shareholders of 89% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,699 per share.
Reported Earnings • May 30Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥130. Revenue: JP¥22.3b (up 13% from FY 2022). Net income: JP¥4.40b (up 1.1% from FY 2022). Profit margin: 20% (down from 22% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 10%. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan.
Buying Opportunity • May 10Now 20% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be JP¥2,688, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 6.5% per annum. Earnings is also forecast to grow by 8.1% per annum over the same time period.
Reported Earnings • Apr 14Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥130. Revenue: JP¥22.3b (up 13% from FY 2022). Net income: JP¥4.40b (up 1.1% from FY 2022). Profit margin: 20% (down from 22% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 10%. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Japan.
Price Target Changed • Apr 14Price target increased by 11% to JP¥2,100Up from JP¥1,900, the current price target is provided by 1 analyst. New target price is 5.7% above last closing price of JP¥1,986. Stock is up 52% over the past year.
Upcoming Dividend • Feb 20Upcoming dividend of JP¥21.30 per share at 2.4% yieldEligible shareholders must have bought the stock before 27 February 2023. Payment date: 11 May 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.8%).
Reported Earnings • Jan 13Third quarter 2023 earnings released: EPS: JP¥32.59 (vs JP¥37.16 in 3Q 2022)Third quarter 2023 results: EPS: JP¥32.59 (down from JP¥37.16 in 3Q 2022). Revenue: JP¥5.64b (up 8.9% from 3Q 2022). Net income: JP¥1.11b (down 12% from 3Q 2022). Profit margin: 20% (down from 24% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.8% 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 12+ 1 more updateWingArc1st Inc. provides Consolidated Earnings Guidance for the Fiscal Year Ending February 28, 2023WingArc1st Inc. provided Consolidated earnings guidance for the fiscal year ending February 28, 2023. For the year, the company expects Revenue to be JPY 22,000 million, Operating profit to be JPY 5,650 million.
お知らせ • Nov 30WingArc1st Inc. to Report Q3, 2023 Results on Jan 12, 2023WingArc1st Inc. announced that they will report Q3, 2023 results on Jan 12, 2023
Board Change • Nov 16High number of new directorsIndependent Outside Director Shunsuke Okada was the last director to join the board, commencing their role in 2022.
Valuation Update With 7 Day Price Move • Oct 19Investor sentiment improved over the past weekAfter last week's 22% share price gain to JP¥2,192, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 23x in the Software industry in Japan. Total returns to shareholders of 4.5% over the past year.
Reported Earnings • Oct 13Second quarter 2023 earnings released: EPS: JP¥39.88 (vs JP¥33.92 in 2Q 2022)Second quarter 2023 results: EPS: JP¥39.88 (up from JP¥33.92 in 2Q 2022). Revenue: JP¥5.65b (up 14% from 2Q 2022). Net income: JP¥1.35b (up 21% from 2Q 2022). Profit margin: 24% (up from 23% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan.
お知らせ • Oct 12+ 2 more updatesWingarc1st Inc. Provides Dividend Guidance for the Fiscal Year Ending February 28, 2023WingArc1st Inc. provided dividend guidance for the fiscal year ending February 28, 2023. The company expects to pay year end dividend of JPY 21.30 per share compared to JPY 22.00 per share paid a year ago.
お知らせ • Sep 04WingArc1st Inc. to Report Q2, 2023 Results on Oct 12, 2022WingArc1st Inc. announced that they will report Q2, 2023 results on Oct 12, 2022
Upcoming Dividend • Aug 23Upcoming dividend of JP¥21.30 per shareEligible shareholders must have bought the stock before 30 August 2022. Payment date: 10 November 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).
Reported Earnings • Jul 14First quarter 2023 earnings released: EPS: JP¥42.69 (vs JP¥32.47 in 1Q 2022)First quarter 2023 results: EPS: JP¥42.69 (up from JP¥32.47 in 1Q 2022). Revenue: JP¥5.72b (up 21% from 1Q 2022). Net income: JP¥1.45b (up 44% from 1Q 2022). Profit margin: 25% (up from 21% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 5.0%, compared to a 14% growth forecast for the industry in Japan.
お知らせ • Jul 14Wingarc1st Inc. Provides Earnings Forecasts for the Fiscal Year Ending February 28, 2023WingArc1st Inc. provides earnings forecasts for the fiscal year ending February 28, 2023. For the year, company expects revenue of JPY 21,000 million, operating profit to be JPY 4,750 million.
Price Target Changed • Jul 14Price target increased to JP¥1,500Up from JP¥1,400, the current price target is provided by 1 analyst. New target price is 6.3% below last closing price of JP¥1,600. Stock is down 27% over the past year. The company is forecast to post earnings per share of JP¥107 for next year compared to JP¥132 last year.
Reported Earnings • Jun 01Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: JP¥132 (up from JP¥79.45 in FY 2021). Revenue: JP¥19.8b (up 8.5% from FY 2021). Net income: JP¥4.35b (up 78% from FY 2021). Profit margin: 22% (up from 13% in FY 2021). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 7.6%, compared to a 13% growth forecast for the industry in Japan.
Board Change • May 31Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Kotaro Yamazawa was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.