View Future GrowthBASEInc 過去の業績過去 基準チェック /56BASEIncは、平均年間34.5%の収益成長を遂げていますが、 IT業界の収益は、年間 成長しています。収益は、平均年間12.7% 17.4%収益成長率で 成長しています。 BASEIncの自己資本利益率は12.1%であり、純利益率は8.8%です。主要情報34.46%収益成長率33.72%EPS成長率IT 業界の成長14.26%収益成長率17.43%株主資本利益率12.10%ネット・マージン8.81%次回の業績アップデート12 May 2026最近の業績更新Reported Earnings • Mar 28Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥15.87 (up from JP¥2.94 in FY 2024). Revenue: JP¥20.7b (up 30% from FY 2024). Net income: JP¥1.83b (up 437% from FY 2024). Profit margin: 8.8% (up from 2.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 112%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 14Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥15.87 (up from JP¥2.94 in FY 2024). Revenue: JP¥20.7b (up 30% from FY 2024). Net income: JP¥1.83b (up 437% from FY 2024). Profit margin: 8.8% (up from 2.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 112%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 27BASE,Inc. to Report Fiscal Year 2025 Results on Feb 12, 2026BASE,Inc. announced that they will report fiscal year 2025 results on Feb 12, 2026Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: JP¥4.00 (vs JP¥2.04 in 3Q 2024)Third quarter 2025 results: EPS: JP¥4.00 (up from JP¥2.04 in 3Q 2024). Revenue: JP¥4.91b (up 24% from 3Q 2024). Net income: JP¥460.0m (up 95% from 3Q 2024). Profit margin: 9.4% (up from 5.9% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 114% 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 • Oct 02BASE,Inc. to Report Q3, 2025 Results on Nov 06, 2025BASE,Inc. announced that they will report Q3, 2025 results on Nov 06, 2025Reported Earnings • Aug 07Second quarter 2025 earnings released: EPS: JP¥1.08 (vs JP¥2.06 in 2Q 2024)Second quarter 2025 results: EPS: JP¥1.08 (down from JP¥2.06 in 2Q 2024). Revenue: JP¥4.57b (up 23% from 2Q 2024). Net income: JP¥124.0m (down 48% from 2Q 2024). Profit margin: 2.7% (down from 6.4% in 2Q 2024). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.すべての更新を表示Recent updatesお知らせ • Apr 17BASE,Inc. (TSE:4477) executed a contract to acquire Port Inc. from UNIVISBP Investment Partnership and Takashi Tamaki for ¥1.3 billionBASE,Inc. (TSE:4477) executed a contract to acquire Port Inc. from UNIVISBP Investment Partnership and Takashi Tamaki for ¥1.3 billion on April 16, 2026. A cash consideration of ¥1.3 billion will be paid by BASE,Inc. As part of consideration, ¥1.3 billion is paid towards common shares and class A preferred shares of Port. The expected completion of the transaction is April 17, 2026.Reported Earnings • Mar 28Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥15.87 (up from JP¥2.94 in FY 2024). Revenue: JP¥20.7b (up 30% from FY 2024). Net income: JP¥1.83b (up 437% from FY 2024). Profit margin: 8.8% (up from 2.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 112%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 14Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥15.87 (up from JP¥2.94 in FY 2024). Revenue: JP¥20.7b (up 30% from FY 2024). Net income: JP¥1.83b (up 437% from FY 2024). Profit margin: 8.8% (up from 2.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 112%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 12+ 1 more updateBASE,Inc., Annual General Meeting, Mar 26, 2026BASE,Inc., Annual General Meeting, Mar 26, 2026.お知らせ • Dec 27BASE,Inc. to Report Fiscal Year 2025 Results on Feb 12, 2026BASE,Inc. announced that they will report fiscal year 2025 results on Feb 12, 2026New Risk • Nov 26New 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 5.8% 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 Share price has been volatile over the past 3 months (5.8% average weekly change). Large one-off items impacting financial results.Buy Or Sell Opportunity • Nov 10Now 22% overvaluedOver the last 90 days, the stock has fallen 5.8% to JP¥371. The fair value is estimated to be JP¥303, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Meanwhile, the company has become profitable.Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: JP¥4.00 (vs JP¥2.04 in 3Q 2024)Third quarter 2025 results: EPS: JP¥4.00 (up from JP¥2.04 in 3Q 2024). Revenue: JP¥4.91b (up 24% from 3Q 2024). Net income: JP¥460.0m (up 95% from 3Q 2024). Profit margin: 9.4% (up from 5.9% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 114% 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 • Oct 02BASE,Inc. to Report Q3, 2025 Results on Nov 06, 2025BASE,Inc. announced that they will report Q3, 2025 results on Nov 06, 2025お知らせ • Aug 15Hiroyuki Maki completed the acquisition of 6.7% stake in BASE,Inc. (TSE:4477) for ¥3.1 billion.Hiroyuki Maki proposed to acquire an unknown minority stake in BASE,Inc. (TSE:4477) on May 7, 2025. Hiroyuki Maki currently owns 14.55% stake in BASE. The offer price per shares offered is ¥400. On May 15, 2025, the board of directors of BASE has resolved unanimously at its meeting held to oppose the Tender Offer and shareholders were requested not to tender their shares, and those who have already tendered were requested to withdraw from the related contractual arrangements without delay. On May July 31, 2025, Hiroyuki Maki increased his offer per share to ¥407. The tender offer period is now extended to August 14, 2025. Hiroyuki Maki completed the acquisition of 6.7% stake in BASE,Inc. (TSE:4477) for ¥3.1 billion on August 14, 2025. Hiroyuki Maki acquired additional 7,633,486 shares during tender offer period.Reported Earnings • Aug 07Second quarter 2025 earnings released: EPS: JP¥1.08 (vs JP¥2.06 in 2Q 2024)Second quarter 2025 results: EPS: JP¥1.08 (down from JP¥2.06 in 2Q 2024). Revenue: JP¥4.57b (up 23% from 2Q 2024). Net income: JP¥124.0m (down 48% from 2Q 2024). Profit margin: 2.7% (down from 6.4% in 2Q 2024). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Price Target Changed • Jul 31Price target increased by 27% to JP¥380Up from JP¥300, the current price target is an average from 2 analysts. New target price is 5.7% below last closing price of JP¥403. The company is forecast to post earnings per share of JP¥11.10 for next year compared to JP¥2.94 last year.お知らせ • Jun 27BASE,Inc. to Report Q2, 2025 Results on Aug 05, 2025BASE,Inc. announced that they will report Q2, 2025 results on Aug 05, 2025お知らせ • May 15Hiroyuki Maki cancelled the acquisition of unknown minority stake in BASE,Inc. (TSE:4477).Hiroyuki Maki bid to acquire an unknown minority stake in BASE,Inc. (TSE:4477) on May 7, 2025. Hiroyuki Maki has owned 14.55% stake in BASE. The offer price per shares offered is ¥400. Hiroyuki Maki cancelled the acquisition of unknown minority stake in BASE,Inc. (TSE:4477) on May 15, 2025. Shareholders are respectfully requested not to tender their shares in the Tender Offer, and those who have already tendered are kindly requested to withdraw from the related contractual arrangements without delay. The Board of Directors of BASE has resolved unanimously at its meeting held to oppose the Tender Offer.分析記事 • May 09BASEInc (TSE:4477) Has A Rock Solid Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • May 09First quarter 2025 earnings released: EPS: JP¥2.79 (vs JP¥1.85 in 1Q 2024)First quarter 2025 results: EPS: JP¥2.79 (up from JP¥1.85 in 1Q 2024). Revenue: JP¥4.57b (up 27% from 1Q 2024). Net income: JP¥322.0m (up 51% from 1Q 2024). Profit margin: 7.0% (up from 5.9% in 1Q 2024). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.分析記事 • Apr 10BASE,Inc.'s (TSE:4477) 27% Cheaper Price Remains In Tune With RevenuesBASE,Inc. ( TSE:4477 ) shares have retraced a considerable 27% in the last month, reversing a fair amount of their...Board Change • Apr 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. 2 highly experienced directors. Independent Outside Director Misa Matsuzaki was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.分析記事 • Mar 31BASEInc (TSE:4477) Might Have The Makings Of A Multi-BaggerIf 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 • Mar 27BASE,Inc. to Report Q1, 2025 Results on May 08, 2025BASE,Inc. announced that they will report Q1, 2025 results on May 08, 2025分析記事 • Feb 18Investors Appear Satisfied With BASE,Inc.'s (TSE:4477) Prospects As Shares Rocket 36%Despite an already strong run, BASE,Inc. ( TSE:4477 ) shares have been powering on, with a gain of 36% in the last...New Risk • Feb 17New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.3% average weekly change). Minor Risk Large one-off items impacting financial results.Reported Earnings • Feb 17Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: JP¥2.94 (up from JP¥5.30 loss in FY 2023). Revenue: JP¥16.0b (up 37% from FY 2023). Net income: JP¥340.0m (up JP¥946.0m from FY 2023). Profit margin: 2.1% (up from net loss in FY 2023). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 45%. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Price Target Changed • Feb 15Price target increased by 17% to JP¥333Up from JP¥285, the current price target is an average from 3 analysts. New target price is 7.4% below last closing price of JP¥360. Stock is up 9.8% over the past year. The company is forecast to post earnings per share of JP¥5.37 next year compared to a net loss per share of JP¥5.30 last year.お知らせ • Feb 15BASE,Inc. (TSE:4477) announces an Equity Buyback for 3,400,000 shares, representing 2.92% for ¥1,000 million.BASE,Inc. (TSE:4477) announces a share repurchase program. Under the program, the company will repurchase up to 3,400,000 shares, representing 2.9% of total shares outstanding for ¥1,000 million. The Board resolved to acquire treasury shares to enhance capital efficiency. The program will expire on May 30, 2025. As of December 31, 2024, The company has 116,350,048 shares issued and 36,542 shares in treasury.お知らせ • Feb 14BASE,Inc., Annual General Meeting, Mar 27, 2025BASE,Inc., Annual General Meeting, Mar 27, 2025.Valuation Update With 7 Day Price Move • Jan 30Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥346, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 20x in the IT industry in Japan. Total loss to shareholders of 27% over the past three years.お知らせ • Jan 03BASE,Inc. to Report Fiscal Year 2024 Results on Feb 14, 2025BASE,Inc. announced that they will report fiscal year 2024 results on Feb 14, 2025Major Estimate Revision • Dec 21Consensus EPS estimates increase by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from JP¥15.4b to JP¥15.8b. EPS estimate increased from JP¥4.88 to JP¥5.37 per share. Net income forecast to grow 70% next year vs 16% growth forecast for IT industry in Japan. Consensus price target up from JP¥285 to JP¥300. Share price fell 8.7% to JP¥306 over the past week.Price Target Changed • Nov 30Price target increased by 16% to JP¥285Up from JP¥245, the current price target is an average from 2 analysts. New target price is 16% below last closing price of JP¥341. Stock is up 38% over the past year. The company is forecast to post earnings per share of JP¥5.09 next year compared to a net loss per share of JP¥5.30 last year.分析記事 • Nov 21BASE,Inc. (TSE:4477) Looks Just Right With A 35% Price JumpBASE,Inc. ( TSE:4477 ) shareholders would be excited to see that the share price has had a great month, posting a 35...Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥306, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 20x in the IT industry in Japan. Total loss to shareholders of 60% over the past three years.Reported Earnings • Nov 08Third quarter 2024 earnings released: EPS: JP¥2.04 (vs JP¥1.24 loss in 3Q 2023)Third quarter 2024 results: EPS: JP¥2.04 (up from JP¥1.24 loss in 3Q 2023). Revenue: JP¥3.97b (up 34% from 3Q 2023). Net income: JP¥236.0m (up JP¥378.0m from 3Q 2023). Profit margin: 5.9% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.Major Estimate Revision • Oct 12Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥15.7b to JP¥15.4b. EPS estimate also fell from JP¥6.05 per share to JP¥5.15 per share. Net income forecast to grow 264% next year vs 16% growth forecast for IT industry in Japan. Consensus price target down from JP¥275 to JP¥245. Share price was steady at JP¥237 over the past week.お知らせ • Oct 02BASE,Inc. to Report Q3, 2024 Results on Nov 06, 2024BASE,Inc. announced that they will report Q3, 2024 results on Nov 06, 2024Price Target Changed • Sep 12Price target decreased by 16% to JP¥275Down from JP¥327, the current price target is an average from 2 analysts. New target price is 11% above last closing price of JP¥248. Stock is down 27% over the past year. The company is forecast to post earnings per share of JP¥4.30 next year compared to a net loss per share of JP¥5.30 last year.Major Estimate Revision • Aug 15Consensus EPS estimates have been upgraded.The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from JP¥15.2b to JP¥15.8b. Forecast to become profitable, with EPS estimate increasing from -JP¥0.98 to JP¥4.30 per share. IT industry in Japan expected to see average net income growth of 16% next year. Consensus price target down from JP¥327 to JP¥317. Share price was steady at JP¥228 over the past week.Price Target Changed • Aug 13Price target decreased by 9.5% to JP¥317Down from JP¥350, the current price target is an average from 3 analysts. New target price is 41% above last closing price of JP¥224. Stock is down 38% over the past year. The company is forecast to post a net loss per share of JP¥0.98 next year compared to a net loss per share of JP¥5.30 last year.Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: JP¥2.06 (vs JP¥0.12 loss in 2Q 2023)Second quarter 2024 results: EPS: JP¥2.06 (up from JP¥0.12 loss in 2Q 2023). Revenue: JP¥3.73b (up 31% from 2Q 2023). Net income: JP¥238.0m (up JP¥252.0m from 2Q 2023). Profit margin: 6.4% (up from net loss in 2Q 2023). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings.New Risk • Aug 09New major risk - Revenue and earnings growthEarnings have declined by 36% 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 36% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.8% average weekly change).お知らせ • Aug 08BASE,Inc. (TSE:4477) agreed to acquire want.jp from Kim Tae-sung and others for approximately ¥750 million.BASE,Inc. (TSE:4477) agreed to acquire want.jp from Kim Tae-sung, YJ2 Investment Partnership managed by Z Venture Capital Co., Ltd., Globis Fund VI-S, L.P. and Globis Fund VI, L.P. managed by Globis Capital Partners Co., Ltd., Fashion & Technology No.1 Investment Enterprise Partnership managed by Miyabi Ventures and MSIVC2016V Fund managed by Mitsui Sumitomo Insurance Venture Capital Co., Ltd., for approximately ¥750 million on August 6, 2024. A cash consideration of ¥754.5 million will be paid by BASE,Inc. As part of consideration, ¥754.5 million is paid towards common equity of want.jp. For the period ending December 31, 2023, want.jp reported total revenue of ¥1.94 billion and EBIT of ¥423 million. As of December 31, 2023, want.jp reported total assets of ¥618 million and net liabilities of ¥452 million. The expected completion of the transaction is February 1, 2028 to February 29, 2028.分析記事 • Aug 06BASE,Inc.'s (TSE:4477) Stock Retreats 29% But Revenues Haven't Escaped The Attention Of InvestorsThe BASE,Inc. ( TSE:4477 ) share price has fared very poorly over the last month, falling by a substantial 29%. The...New Risk • Aug 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.お知らせ • Jul 04BASE, Inc Launches Drop-Shipping Function for the First Time in JapanBASE Inc. announced it will launch this summer the "Sales Partner App" the first drop-shipping function for online shop creation services in Japan. This function enables shops that use "BASE" to collaborate on consignment sales. By connecting "supplier's shops" that excel in goods production with "seller's shops" that excel in sales, each shop can concentrate on goods production and sales promotions respectively. Prior to the release of the App this summer, it launched preliminary functions on July 4, 2024, which enable "supplier's shops" to register their goods to be sold on consignment, and "seller's shop" to apply for consignment sales. The "Sales Partner App" is one of the "BASE Apps", extended functions provided to online shops using "BASE," that enables drop-shipping between shops using "BASE". Drop-shipping allows online shops to operate without carrying inventory. The "Sales Partner App" connects "supplier's shops" that produce goods with "seller's shops", enabling "seller's shops" to sell the goods of "supplier's shops" without carrying inventory. Since a "supplier's shop" handles the production, inventory management, and shipping of goods, the company recommend those who are good at attracting customers and sales promotions to open a shop as a "seller's shop". First, it will provide partial functionality up to the listing and linkage functions, but it plan to provide full functionality+ by the end of this summer. The "Sales Partner App" will be updated with new functions to solve the problems of both "supplier's shops" and "seller's shops". Preliminary launch date: July 4, 2024 Full function available date: by the end of summer Available for: Online shops using BASE. Features of the Sales Partner App 1, "BASE" has the No. 1 track record (1) in opening online shops, so one can build a network with a wide variety of shops. App usage fees charged to "supplier's shops" are only when goods are sold. They can leave customer attraction and sales promotion to "seller's shop" with no fixed costs. Since the role of a "seller's shop" is to sell, there is no need to purchase goods, manage inventory, or ship goods. It is possible to earn rewards when goods are sold, making it smooth for influencers to open seller's shops.お知らせ • Jun 28BASE,Inc. to Report Q2, 2024 Results on Aug 06, 2024BASE,Inc. announced that they will report Q2, 2024 results on Aug 06, 2024Breakeven Date Change • Jun 13Forecast breakeven date moved forward to 2024The 4 analysts covering BASEInc previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of JP¥153.0m in 2024. Earnings growth of 86% is required to achieve expected profit on schedule.分析記事 • May 11Why Investors Shouldn't Be Surprised By BASE,Inc.'s (TSE:4477) P/SWhen close to half the companies in the IT industry in Japan have price-to-sales ratios (or "P/S") below 1.1x, you may...Reported Earnings • May 11First quarter 2024 earnings released: EPS: JP¥1.85 (vs JP¥3.14 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥1.85 (up from JP¥3.14 loss in 1Q 2023). Revenue: JP¥3.59b (up 43% from 1Q 2023). Net income: JP¥213.0m (up JP¥571.0m from 1Q 2023). Profit margin: 5.9% (up from net loss in 1Q 2023). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 42% per year, which means it is performing significantly worse than earnings.お知らせ • May 10BASE,Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2024BASE Inc. provided consolidated earnings guidance for the fiscal year ending December 31, 2024. For the year, the company expects net sales to be JPY 14,700 million, profit attributable to owners of parent of JPY 7 million and earnings per share of JPY 0.06.分析記事 • Apr 19Companies Like BASEInc (TSE:4477) Can Afford To Invest In GrowthEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...お知らせ • Mar 28BASE, Inc. to Report Q1, 2024 Results on May 09, 2024BASE, Inc. announced that they will report Q1, 2024 results on May 09, 2024Major Estimate Revision • Feb 27Consensus estimates of losses per share improve by 69%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from JP¥14.1b to JP¥14.2b. EPS estimate increased from -JP¥0.477 per share to -JP¥0.15 per share. IT industry in Japan expected to see average net income growth of 18% next year. Consensus price target broadly unchanged at JP¥383. Share price rose 2.7% to JP¥345 over the past week.Reported Earnings • Feb 10Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: JP¥5.30 loss per share (improved from JP¥15.46 loss in FY 2022). Revenue: JP¥11.7b (up 20% from FY 2022). Net loss: JP¥606.0m (loss narrowed 65% from FY 2022). Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 47%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 48% per year and the company’s share price has also fallen by 48% per year.Price Target Changed • Feb 09Price target increased by 7.8% to JP¥380Up from JP¥353, the current price target is an average from 3 analysts. New target price is 12% above last closing price of JP¥340. Stock is up 19% over the past year. The company is forecast to post a net loss per share of JP¥10.07 next year compared to a net loss per share of JP¥15.46 last year.Major Estimate Revision • Feb 09Consensus EPS estimates upgraded to JP¥2.61 lossThe consensus outlook for fiscal year 2024 has been updated. 2024 losses forecast to reduce from -JP¥3.30 to -JP¥2.61 per share. Revenue forecast unchanged from JP¥13.7b at last update. IT industry in Japan expected to see average net income growth of 18% next year. Consensus price target of JP¥363 unchanged from last update. Share price rose 9.7% to JP¥340 over the past week.お知らせ • Feb 08BASE, Inc., Annual General Meeting, Mar 26, 2024BASE, Inc., Annual General Meeting, Mar 26, 2024.お知らせ • Dec 28BASE, Inc. to Report Fiscal Year 2023 Results on Feb 08, 2024BASE, Inc. announced that they will report fiscal year 2023 results on Feb 08, 2024お知らせ • Dec 06BASE, Inc. Launches Three New AI FunctionsBASE, Inc. announce the December 6, 2023 release of three new AI functions for BASE, the company's online shop creation service: SNS AutoPost, AutoReply, and AutoDesign. 1. SNS AutoPost: AI generates precisely targeted sentences and hash tags based on registered product information (shop category, product name, and product description). 2. AutoReply: AI takes the content of inquires received from customers and suggests what to write in response. This reduces the workload involved when considering the response, such as pulling up the order status or drafting the text. 3. AutoDesign: By simply selecting what product categories plan to sell and the atmosphere of the shop, AI will suggest an original shop design. It can also find images that can be used for commercial purposes and make copywriting suggestions.New Risk • Nov 22New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Shareholders have been diluted in the past year (2.7% increase in shares outstanding).Reported Earnings • Nov 08Third quarter 2023 earnings released: JP¥1.24 loss per share (vs JP¥2.63 loss in 3Q 2022)Third quarter 2023 results: JP¥1.24 loss per share (improved from JP¥2.63 loss in 3Q 2022). Revenue: JP¥2.98b (up 30% from 3Q 2022). Net loss: JP¥142.0m (loss narrowed 52% from 3Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the IT industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 23 percentage points per year, which is a significant difference in performance.お知らせ • Nov 07BASE, Inc. Announces Pricing Update of the Monthly-Fee Plan & Significantly Expanded New FeaturesBASE, Inc. announced pricing update of the Monthly-Fee Plan of "BASE" from January 16, 2024. "BASE" is providing two pricing plans, the No Monthly Cost Plan and the Monthly-Fee Plan. Customers can select an appropriate plan based on the scale of the sales of their shop. Customers can use all of the functions with either of the plans. No Monthly Cost Plan. This is a plan under which no fixed costs such as the initial cost and monthly cost, etc. are charged and fees are incurred only when the products are sold. It can be used for settlement fees of 3.6% + 40 JPY and a service usage fee of 3%. Monthly-Fee Plan. This is a plan to further boost the growth of shops whose sales have already grown. It can be used for Settlement fees of 2.9% (1), the cheapest level in the industry. This is calculated using the Monthly-Fee Plan (in the case of annual payment equivalent to 16,580 JPY/month) and settlement fees of 2.9%. The No Monthly Cost Plan offers settlement fees of 3. 6% + 40 JPY, so the fees vary depending on the number of orders. This is calculated using the monthly-Fee Plan (in The case of annual payment equivalent to16,580 JPY/month). In the case of comparisons with the plans in other companies providing an online shop opening service with a provision target and content like the Monthly-Fee Plan provided by "BASE" and with the minimum settlement fees announced by other companies. As of November 1, 2023. In order to support the growth of shop owners even more, "BASE" plans to sequentially provide new functions and update existing functions, including new functions to promote the streamlining of operations through automation using AI from early December, the update of CRM functions with the objective of enhancing customer loyalty, and others. New Functions. The company plan to provide functions concerning AI in early December. Following on from the function to support the generation of written product explanations with AI which the company commenced providing in April 2023, the company will provide a further three functions which alleviate the operational burden of operations. The company plan to provide the Overseas Sales Agency App in late December. The company will provide functions to support the acceptance of orders from overseas, deliveries, and responses to inquiries in order to enable shop owners who want to take on the challenge of cross-border e-commerce to sell their products overseas without increasing their operational burden. The company plan to provide The Sales Partner App next spring. This is a function which can match product sales partners among the shops using "BASE." It can match shop owners who are good at creating products with shop owners who are good at selling products, and provides a mechanism which leads to expanded sales by enabling shops who have become partners to sell the products as well. Update of Existing Functions. The company plan to update the Shipping Cost Detailed Settings App in early December. In addition to the function which can set the shipping cost based on the delivery region and the purchased products, the company plan to add a function which enables compilation of the shipping cost for each temperature zone, namely room temperature, refrigerated, and frozen, and a function which enables the setting of the shipping cost based on the number and weight of the products. The company plan to updated the Membership App next spring. Through the function which enables the shops to make their own membership programs, the company plan to introduce a function which enables the rewards offered by the shops and the points collected by the customers to be exchanged at the time an order is placed. The company plan to develop. Since this pricing update is effective on this pricing update is effective on the company plans to develop.Major Estimate Revision • Sep 21Consensus EPS estimates upgraded to JP¥11.58 loss, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from JP¥11.2b to JP¥11.0b. 2023 losses expected to reduce from -JP¥13.20 to -JP¥11.58 per share. IT industry in Japan expected to see average net income growth of 17% next year. Consensus price target down from JP¥353 to JP¥333. Share price fell 8.5% to JP¥312 over the past week.お知らせ • Sep 01BASE, Inc. to Report Q3, 2023 Results on Nov 07, 2023BASE, Inc. announced that they will report Q3, 2023 results on Nov 07, 2023New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.9% 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 Currently unprofitable and not forecast to become profitable over next 3 years (JP¥79m net loss in 3 years). Share price has been volatile over the past 3 months (6.9% average weekly change). Shareholders have been diluted in the past year (2.1% increase in shares outstanding).Reported Earnings • Aug 04Second quarter 2023 earnings released: JP¥0.12 loss per share (vs JP¥5.56 loss in 2Q 2022)Second quarter 2023 results: JP¥0.12 loss per share (improved from JP¥5.56 loss in 2Q 2022). Revenue: JP¥2.84b (up 24% from 2Q 2022). Net loss: JP¥14.0m (loss narrowed 98% from 2Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the IT industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance.Price Target Changed • Jun 16Price target decreased by 18% to JP¥353Down from JP¥428, the current price target is an average from 4 analysts. New target price is 32% above last closing price of JP¥267. Stock is down 12% over the past year. The company is forecast to post a net loss per share of JP¥14.63 next year compared to a net loss per share of JP¥15.46 last year.お知らせ • May 31BASE, Inc. to Report Q2, 2023 Results on Aug 03, 2023BASE, Inc. announced that they will report Q2, 2023 results on Aug 03, 2023Reported Earnings • May 12First quarter 2023 earnings released: JP¥3.14 loss per share (vs JP¥2.68 loss in 1Q 2022)First quarter 2023 results: JP¥3.14 loss per share (further deteriorated from JP¥2.68 loss in 1Q 2022). Revenue: JP¥2.52b (flat on 1Q 2022). Net loss: JP¥358.0m (loss widened 20% from 1Q 2022). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the IT industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 31Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: JP¥15.46 loss per share (further deteriorated from JP¥10.80 loss in FY 2021). Revenue: JP¥9.74b (down 1.9% from FY 2021). Net loss: JP¥1.73b (loss widened 45% from FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 21%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the IT industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.Reported Earnings • Feb 10Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: JP¥15.46 loss per share (further deteriorated from JP¥10.80 loss in FY 2021). Revenue: JP¥9.74b (down 1.9% from FY 2021). Net loss: JP¥1.73b (loss widened 45% from FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 21%. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the IT industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.お知らせ • Feb 08+ 1 more updateBASE, Inc., Annual General Meeting, Mar 24, 2023BASE, Inc., Annual General Meeting, Mar 24, 2023.お知らせ • Jan 07BASE, Inc. to Report Fiscal Year 2022 Results on Feb 08, 2023BASE, Inc. announced that they will report fiscal year 2022 results on Feb 08, 2023Price Target Changed • Nov 16Price target decreased to JP¥445Down from JP¥498, the current price target is an average from 4 analysts. New target price is 35% above last closing price of JP¥330. Stock is down 62% over the past year. The company is forecast to post a net loss per share of JP¥20.97 next year compared to a net loss per share of JP¥10.80 last year.Price Target Changed • Nov 13Price target decreased to JP¥462Down from JP¥498, the current price target is an average from 5 analysts. New target price is 43% above last closing price of JP¥323. Stock is down 61% over the past year. The company is forecast to post a net loss per share of JP¥21.25 next year compared to a net loss per share of JP¥10.80 last year.Reported Earnings • Nov 10Third quarter 2022 earnings released: JP¥2.63 loss per share (vs JP¥1.99 loss in 3Q 2021)Third quarter 2022 results: JP¥2.63 loss per share (further deteriorated from JP¥1.99 loss in 3Q 2021). Revenue: JP¥2.29b (down 8.0% from 3Q 2021). Net loss: JP¥295.0m (loss widened 34% from 3Q 2021). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the IT industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.お知らせ • Nov 09BASE, Inc. Provides Consolidated Earnings Forecast for the Fiscal Year Ending December 31, 2022BASE, Inc. provided consolidated earnings forecast for the fiscal year ending December 31, 2022. The company expected net sales of JPY 9,130 million to JPY 9,490 million, ordinary loss to be JPY 2,290 million to JPY 2,120 million. Net loss Attributable to Owners of Parent to be JPY 2,369 million to JPY 2,199 million or LPS to be JPY 20.60 to JPY 19.17.お知らせ • Sep 29BASE, Inc. to Report Q3, 2022 Results on Nov 08, 2022BASE, Inc. announced that they will report Q3, 2022 results on Nov 08, 2022Price Target Changed • Sep 13Price target decreased to JP¥506Down from JP¥742, the current price target is an average from 6 analysts. New target price is 59% above last closing price of JP¥318. Stock is down 76% over the past year. The company is forecast to post a net loss per share of JP¥21.72 next year compared to a net loss per share of JP¥10.80 last year.Reported Earnings • Aug 05Second quarter 2022 earnings released: JP¥5.56 loss per share (vs JP¥1.44 loss in 2Q 2021)Second quarter 2022 results: JP¥5.56 loss per share (down from JP¥1.44 loss in 2Q 2021). Revenue: JP¥2.30b (down 6.2% from 2Q 2021). Net loss: JP¥622.0m (loss widened 118% from 2Q 2021). Over the next year, revenue is forecast to grow 15%, compared to a 11% growth forecast for the industry in Japan.Major Estimate Revision • Jul 22Consensus EPS estimates fall by 24%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from JP¥11.2b to JP¥10.6b. Losses expected to increase from JP¥18.00 per share to JP¥22.31. IT industry in Japan expected to see average net income growth of 13% next year. Consensus price target down from JP¥1,002 to JP¥776. Share price rose 8.5% to JP¥370 over the past week.Price Target Changed • Jun 18Price target increased to JP¥1,002Up from JP¥917, the current price target is an average from 6 analysts. New target price is 229% above last closing price of JP¥305. Stock is down 82% over the past year. The company is forecast to post a net loss per share of JP¥18.00 next year compared to a net loss per share of JP¥10.80 last year.Major Estimate Revision • Jun 16Consensus EPS estimates fall by 21%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from JP¥11.7b to JP¥11.2b. Losses expected to increase from JP¥15.69 per share to JP¥18.92. IT industry in Japan expected to see average net income growth of 14% next year. Consensus price target broadly unchanged at JP¥915. Share price fell 15% to JP¥311 over the past week.お知らせ • May 29BASE, Inc. to Report Q2, 2022 Results on Aug 04, 2022BASE, Inc. announced that they will report Q2, 2022 results on Aug 04, 2022Major Estimate Revision • May 19Consensus estimates of losses per share improve by 29%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from JP¥11.3b to JP¥11.7b. EPS estimate increased from -JP¥21.98 per share to -JP¥15.71 per share. IT industry in Japan expected to see average net income growth of 12% next year. Consensus price target broadly unchanged at JP¥958. Share price rose 38% to JP¥408 over the past week.Reported Earnings • May 16First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: JP¥2.68 loss per share (down from JP¥1.82 profit in 1Q 2021). Revenue: JP¥2.51b (up 12% from 1Q 2021). Net loss: JP¥299.0m (down JP¥339.0m from profit in 1Q 2021). Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) also missed analyst estimates by 32%. Over the next year, revenue is forecast to grow 21%, compared to a 8.2% growth forecast for the industry in Japan.Price Target Changed • Apr 27Price target decreased to JP¥970Down from JP¥1,053, the current price target is an average from 7 analysts. New target price is 169% above last closing price of JP¥361. Stock is down 80% over the past year. The company is forecast to post a net loss per share of JP¥21.98 next year compared to a net loss per share of JP¥10.80 last year.お知らせ • Apr 08BASE, Inc. to Report Q1, 2022 Results on May 12, 2022BASE, Inc. announced that they will report Q1, 2022 results on May 12, 2022Major Estimate Revision • Mar 04Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 expected loss increased from -JP¥16.27 to -JP¥18.38 per share. Revenue forecast unchanged at JP¥11.6b. IT industry in Japan expected to see average net income growth of 11% next year. Consensus price target of JP¥1,053 unchanged from last update. Share price rose 7.8% to JP¥416 over the past week.Price Target Changed • Feb 16Price target decreased to JP¥1,053Down from JP¥1,532, the current price target is an average from 7 analysts. New target price is 179% above last closing price of JP¥378. Stock is down 86% over the past year. The company is forecast to post a net loss per share of JP¥8.31 next year compared to a net loss per share of JP¥10.80 last year.Major Estimate Revision • Feb 16Consensus EPS estimates fall by 73%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from JP¥12.7b to JP¥11.7b. Losses expected to increase from JP¥4.80 per share to JP¥8.31. IT industry in Japan expected to see average net income growth of 11% next year. Consensus price target down from JP¥1,532 to JP¥1,053. Share price fell 14% to JP¥378 over the past week.Reported Earnings • Feb 10Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: JP¥10.80 loss per share (down from JP¥5.63 profit in FY 2020). Revenue: JP¥9.93b (up 20% from FY 2020). Net loss: JP¥1.19b (down 305% from profit in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 32%. Over the next year, revenue is forecast to grow 24%, compared to a 7.4% growth forecast for the industry in Japan.お知らせ • Feb 09BASE, Inc., Annual General Meeting, Mar 23, 2022BASE, Inc., Annual General Meeting, Mar 23, 2022. Agenda: To consider proposal for Partial Amendment to the Articles of Incorporation; to consider Reduction in the Amount of Capital Reserve; to consider the management structure for the 10th fiscal year, taking into account the recommendations of the Nomination and Remuneration Committee (Advisory Committee); to revise the amount of remuneration for Auditors.Price Target Changed • Nov 09Price target decreased to JP¥1,582Down from JP¥1,732, the current price target is an average from 6 analysts. New target price is 86% above last closing price of JP¥851. Stock is down 61% over the past year. The company is forecast to post a net loss per share of JP¥7.83 compared to earnings per share of JP¥5.63 last year.Reported Earnings • Nov 05Third quarter 2021 earnings released: JP¥1.99 loss per share (vs JP¥4.36 profit in 3Q 2020)The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: JP¥2.49b (up 7.6% from 3Q 2020). Net loss: JP¥221.0m (down 150% from profit in 3Q 2020).Price Target Changed • Aug 23Price target decreased to JP¥1,712Down from JP¥1,968, the current price target is an average from 5 analysts. New target price is 52% above last closing price of JP¥1,130. Stock is down 40% over the past year.Reported Earnings • Aug 06Second quarter 2021 earnings released: JP¥1.44 loss per share (vs JP¥5.21 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: JP¥2.45b (down 4.3% from 2Q 2020). Net loss: JP¥286.0m (down 154% from profit in 2Q 2020).Major Estimate Revision • Jun 01Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast fell from JP¥10.9b to JP¥10.7b. 2021 losses expected to reduce from -JP¥7.98 to -JP¥7.06 per share. IT industry in Japan expected to see average net income growth of 12% next year. Consensus price target up from JP¥2,023 to JP¥2,183. Share price rose 2.9% to JP¥1,727 over the past week.収支内訳BASEInc 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:4477 収益、費用、利益 ( )JPY Millions日付収益収益G+A経費研究開発費31 Dec 2520,7291,8268,234030 Sep 2518,7365597,549030 Jun 2517,8003357,262031 Mar 2516,9614496,709031 Dec 2415,9813406,393030 Sep 2414,6415955,691030 Jun 2413,6452175,586031 Mar 2412,753-355,480031 Dec 2311,680-6065,458030 Sep 2310,976-1,0305,532030 Jun 2310,292-1,1835,470031 Mar 239,745-1,7915,928031 Dec 229,739-1,7326,245030 Sep 229,854-1,9436,729030 Jun 2210,054-1,8697,010031 Mar 2210,206-1,5336,947031 Dec 219,931-1,1946,595030 Sep 219,468-8326,247030 Jun 219,291-1655,496031 Mar 219,4016534,805031 Dec 208,2885844,179030 Sep 207,1157733,307030 Jun 205,8431803,203031 Mar 204,130-4202,792031 Dec 193,849-4592,672031 Dec 182,352-8542,1870質の高い収益: 4477は 高品質の収益 を持っています。利益率の向上: 4477の現在の純利益率 (8.8%)は、昨年(2.1%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 4477過去 5 年間で収益を上げており、収益は年間34.5%増加しています。成長の加速: 4477の過去 1 年間の収益成長率 ( 437.1% ) は、5 年間の平均 ( 年間34.5%を上回っています。収益対業界: 4477の過去 1 年間の収益成長率 ( 437.1% ) はIT業界15.7%を上回りました。株主資本利益率高いROE: 4477の 自己資本利益率 ( 12.1% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YSoftware 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/07 18:29終値2026/05/07 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋BASE,Inc. 1 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。4 アナリスト機関Paul Robert DewberryBofA Global ResearchJiro KojimaDaiwa Securities Co. Ltd.Yusuke HoriMizuho Securities Co., Ltd.1 その他のアナリストを表示
Reported Earnings • Mar 28Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥15.87 (up from JP¥2.94 in FY 2024). Revenue: JP¥20.7b (up 30% from FY 2024). Net income: JP¥1.83b (up 437% from FY 2024). Profit margin: 8.8% (up from 2.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 112%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 14Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥15.87 (up from JP¥2.94 in FY 2024). Revenue: JP¥20.7b (up 30% from FY 2024). Net income: JP¥1.83b (up 437% from FY 2024). Profit margin: 8.8% (up from 2.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 112%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 27BASE,Inc. to Report Fiscal Year 2025 Results on Feb 12, 2026BASE,Inc. announced that they will report fiscal year 2025 results on Feb 12, 2026
Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: JP¥4.00 (vs JP¥2.04 in 3Q 2024)Third quarter 2025 results: EPS: JP¥4.00 (up from JP¥2.04 in 3Q 2024). Revenue: JP¥4.91b (up 24% from 3Q 2024). Net income: JP¥460.0m (up 95% from 3Q 2024). Profit margin: 9.4% (up from 5.9% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 114% 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 • Oct 02BASE,Inc. to Report Q3, 2025 Results on Nov 06, 2025BASE,Inc. announced that they will report Q3, 2025 results on Nov 06, 2025
Reported Earnings • Aug 07Second quarter 2025 earnings released: EPS: JP¥1.08 (vs JP¥2.06 in 2Q 2024)Second quarter 2025 results: EPS: JP¥1.08 (down from JP¥2.06 in 2Q 2024). Revenue: JP¥4.57b (up 23% from 2Q 2024). Net income: JP¥124.0m (down 48% from 2Q 2024). Profit margin: 2.7% (down from 6.4% in 2Q 2024). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 17BASE,Inc. (TSE:4477) executed a contract to acquire Port Inc. from UNIVISBP Investment Partnership and Takashi Tamaki for ¥1.3 billionBASE,Inc. (TSE:4477) executed a contract to acquire Port Inc. from UNIVISBP Investment Partnership and Takashi Tamaki for ¥1.3 billion on April 16, 2026. A cash consideration of ¥1.3 billion will be paid by BASE,Inc. As part of consideration, ¥1.3 billion is paid towards common shares and class A preferred shares of Port. The expected completion of the transaction is April 17, 2026.
Reported Earnings • Mar 28Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥15.87 (up from JP¥2.94 in FY 2024). Revenue: JP¥20.7b (up 30% from FY 2024). Net income: JP¥1.83b (up 437% from FY 2024). Profit margin: 8.8% (up from 2.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 112%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 14Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥15.87 (up from JP¥2.94 in FY 2024). Revenue: JP¥20.7b (up 30% from FY 2024). Net income: JP¥1.83b (up 437% from FY 2024). Profit margin: 8.8% (up from 2.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 112%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 12+ 1 more updateBASE,Inc., Annual General Meeting, Mar 26, 2026BASE,Inc., Annual General Meeting, Mar 26, 2026.
お知らせ • Dec 27BASE,Inc. to Report Fiscal Year 2025 Results on Feb 12, 2026BASE,Inc. announced that they will report fiscal year 2025 results on Feb 12, 2026
New Risk • Nov 26New 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 5.8% 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 Share price has been volatile over the past 3 months (5.8% average weekly change). Large one-off items impacting financial results.
Buy Or Sell Opportunity • Nov 10Now 22% overvaluedOver the last 90 days, the stock has fallen 5.8% to JP¥371. The fair value is estimated to be JP¥303, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Meanwhile, the company has become profitable.
Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: JP¥4.00 (vs JP¥2.04 in 3Q 2024)Third quarter 2025 results: EPS: JP¥4.00 (up from JP¥2.04 in 3Q 2024). Revenue: JP¥4.91b (up 24% from 3Q 2024). Net income: JP¥460.0m (up 95% from 3Q 2024). Profit margin: 9.4% (up from 5.9% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 114% 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 • Oct 02BASE,Inc. to Report Q3, 2025 Results on Nov 06, 2025BASE,Inc. announced that they will report Q3, 2025 results on Nov 06, 2025
お知らせ • Aug 15Hiroyuki Maki completed the acquisition of 6.7% stake in BASE,Inc. (TSE:4477) for ¥3.1 billion.Hiroyuki Maki proposed to acquire an unknown minority stake in BASE,Inc. (TSE:4477) on May 7, 2025. Hiroyuki Maki currently owns 14.55% stake in BASE. The offer price per shares offered is ¥400. On May 15, 2025, the board of directors of BASE has resolved unanimously at its meeting held to oppose the Tender Offer and shareholders were requested not to tender their shares, and those who have already tendered were requested to withdraw from the related contractual arrangements without delay. On May July 31, 2025, Hiroyuki Maki increased his offer per share to ¥407. The tender offer period is now extended to August 14, 2025. Hiroyuki Maki completed the acquisition of 6.7% stake in BASE,Inc. (TSE:4477) for ¥3.1 billion on August 14, 2025. Hiroyuki Maki acquired additional 7,633,486 shares during tender offer period.
Reported Earnings • Aug 07Second quarter 2025 earnings released: EPS: JP¥1.08 (vs JP¥2.06 in 2Q 2024)Second quarter 2025 results: EPS: JP¥1.08 (down from JP¥2.06 in 2Q 2024). Revenue: JP¥4.57b (up 23% from 2Q 2024). Net income: JP¥124.0m (down 48% from 2Q 2024). Profit margin: 2.7% (down from 6.4% in 2Q 2024). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Jul 31Price target increased by 27% to JP¥380Up from JP¥300, the current price target is an average from 2 analysts. New target price is 5.7% below last closing price of JP¥403. The company is forecast to post earnings per share of JP¥11.10 for next year compared to JP¥2.94 last year.
お知らせ • Jun 27BASE,Inc. to Report Q2, 2025 Results on Aug 05, 2025BASE,Inc. announced that they will report Q2, 2025 results on Aug 05, 2025
お知らせ • May 15Hiroyuki Maki cancelled the acquisition of unknown minority stake in BASE,Inc. (TSE:4477).Hiroyuki Maki bid to acquire an unknown minority stake in BASE,Inc. (TSE:4477) on May 7, 2025. Hiroyuki Maki has owned 14.55% stake in BASE. The offer price per shares offered is ¥400. Hiroyuki Maki cancelled the acquisition of unknown minority stake in BASE,Inc. (TSE:4477) on May 15, 2025. Shareholders are respectfully requested not to tender their shares in the Tender Offer, and those who have already tendered are kindly requested to withdraw from the related contractual arrangements without delay. The Board of Directors of BASE has resolved unanimously at its meeting held to oppose the Tender Offer.
分析記事 • May 09BASEInc (TSE:4477) Has A Rock Solid Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • May 09First quarter 2025 earnings released: EPS: JP¥2.79 (vs JP¥1.85 in 1Q 2024)First quarter 2025 results: EPS: JP¥2.79 (up from JP¥1.85 in 1Q 2024). Revenue: JP¥4.57b (up 27% from 1Q 2024). Net income: JP¥322.0m (up 51% from 1Q 2024). Profit margin: 7.0% (up from 5.9% in 1Q 2024). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
分析記事 • Apr 10BASE,Inc.'s (TSE:4477) 27% Cheaper Price Remains In Tune With RevenuesBASE,Inc. ( TSE:4477 ) shares have retraced a considerable 27% in the last month, reversing a fair amount of their...
Board Change • Apr 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. 2 highly experienced directors. Independent Outside Director Misa Matsuzaki was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
分析記事 • Mar 31BASEInc (TSE:4477) Might Have The Makings Of A Multi-BaggerIf 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 • Mar 27BASE,Inc. to Report Q1, 2025 Results on May 08, 2025BASE,Inc. announced that they will report Q1, 2025 results on May 08, 2025
分析記事 • Feb 18Investors Appear Satisfied With BASE,Inc.'s (TSE:4477) Prospects As Shares Rocket 36%Despite an already strong run, BASE,Inc. ( TSE:4477 ) shares have been powering on, with a gain of 36% in the last...
New Risk • Feb 17New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.3% average weekly change). Minor Risk Large one-off items impacting financial results.
Reported Earnings • Feb 17Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: JP¥2.94 (up from JP¥5.30 loss in FY 2023). Revenue: JP¥16.0b (up 37% from FY 2023). Net income: JP¥340.0m (up JP¥946.0m from FY 2023). Profit margin: 2.1% (up from net loss in FY 2023). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 45%. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Feb 15Price target increased by 17% to JP¥333Up from JP¥285, the current price target is an average from 3 analysts. New target price is 7.4% below last closing price of JP¥360. Stock is up 9.8% over the past year. The company is forecast to post earnings per share of JP¥5.37 next year compared to a net loss per share of JP¥5.30 last year.
お知らせ • Feb 15BASE,Inc. (TSE:4477) announces an Equity Buyback for 3,400,000 shares, representing 2.92% for ¥1,000 million.BASE,Inc. (TSE:4477) announces a share repurchase program. Under the program, the company will repurchase up to 3,400,000 shares, representing 2.9% of total shares outstanding for ¥1,000 million. The Board resolved to acquire treasury shares to enhance capital efficiency. The program will expire on May 30, 2025. As of December 31, 2024, The company has 116,350,048 shares issued and 36,542 shares in treasury.
お知らせ • Feb 14BASE,Inc., Annual General Meeting, Mar 27, 2025BASE,Inc., Annual General Meeting, Mar 27, 2025.
Valuation Update With 7 Day Price Move • Jan 30Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥346, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 20x in the IT industry in Japan. Total loss to shareholders of 27% over the past three years.
お知らせ • Jan 03BASE,Inc. to Report Fiscal Year 2024 Results on Feb 14, 2025BASE,Inc. announced that they will report fiscal year 2024 results on Feb 14, 2025
Major Estimate Revision • Dec 21Consensus EPS estimates increase by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from JP¥15.4b to JP¥15.8b. EPS estimate increased from JP¥4.88 to JP¥5.37 per share. Net income forecast to grow 70% next year vs 16% growth forecast for IT industry in Japan. Consensus price target up from JP¥285 to JP¥300. Share price fell 8.7% to JP¥306 over the past week.
Price Target Changed • Nov 30Price target increased by 16% to JP¥285Up from JP¥245, the current price target is an average from 2 analysts. New target price is 16% below last closing price of JP¥341. Stock is up 38% over the past year. The company is forecast to post earnings per share of JP¥5.09 next year compared to a net loss per share of JP¥5.30 last year.
分析記事 • Nov 21BASE,Inc. (TSE:4477) Looks Just Right With A 35% Price JumpBASE,Inc. ( TSE:4477 ) shareholders would be excited to see that the share price has had a great month, posting a 35...
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥306, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 20x in the IT industry in Japan. Total loss to shareholders of 60% over the past three years.
Reported Earnings • Nov 08Third quarter 2024 earnings released: EPS: JP¥2.04 (vs JP¥1.24 loss in 3Q 2023)Third quarter 2024 results: EPS: JP¥2.04 (up from JP¥1.24 loss in 3Q 2023). Revenue: JP¥3.97b (up 34% from 3Q 2023). Net income: JP¥236.0m (up JP¥378.0m from 3Q 2023). Profit margin: 5.9% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.
Major Estimate Revision • Oct 12Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥15.7b to JP¥15.4b. EPS estimate also fell from JP¥6.05 per share to JP¥5.15 per share. Net income forecast to grow 264% next year vs 16% growth forecast for IT industry in Japan. Consensus price target down from JP¥275 to JP¥245. Share price was steady at JP¥237 over the past week.
お知らせ • Oct 02BASE,Inc. to Report Q3, 2024 Results on Nov 06, 2024BASE,Inc. announced that they will report Q3, 2024 results on Nov 06, 2024
Price Target Changed • Sep 12Price target decreased by 16% to JP¥275Down from JP¥327, the current price target is an average from 2 analysts. New target price is 11% above last closing price of JP¥248. Stock is down 27% over the past year. The company is forecast to post earnings per share of JP¥4.30 next year compared to a net loss per share of JP¥5.30 last year.
Major Estimate Revision • Aug 15Consensus EPS estimates have been upgraded.The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from JP¥15.2b to JP¥15.8b. Forecast to become profitable, with EPS estimate increasing from -JP¥0.98 to JP¥4.30 per share. IT industry in Japan expected to see average net income growth of 16% next year. Consensus price target down from JP¥327 to JP¥317. Share price was steady at JP¥228 over the past week.
Price Target Changed • Aug 13Price target decreased by 9.5% to JP¥317Down from JP¥350, the current price target is an average from 3 analysts. New target price is 41% above last closing price of JP¥224. Stock is down 38% over the past year. The company is forecast to post a net loss per share of JP¥0.98 next year compared to a net loss per share of JP¥5.30 last year.
Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: JP¥2.06 (vs JP¥0.12 loss in 2Q 2023)Second quarter 2024 results: EPS: JP¥2.06 (up from JP¥0.12 loss in 2Q 2023). Revenue: JP¥3.73b (up 31% from 2Q 2023). Net income: JP¥238.0m (up JP¥252.0m from 2Q 2023). Profit margin: 6.4% (up from net loss in 2Q 2023). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings.
New Risk • Aug 09New major risk - Revenue and earnings growthEarnings have declined by 36% 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 36% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.8% average weekly change).
お知らせ • Aug 08BASE,Inc. (TSE:4477) agreed to acquire want.jp from Kim Tae-sung and others for approximately ¥750 million.BASE,Inc. (TSE:4477) agreed to acquire want.jp from Kim Tae-sung, YJ2 Investment Partnership managed by Z Venture Capital Co., Ltd., Globis Fund VI-S, L.P. and Globis Fund VI, L.P. managed by Globis Capital Partners Co., Ltd., Fashion & Technology No.1 Investment Enterprise Partnership managed by Miyabi Ventures and MSIVC2016V Fund managed by Mitsui Sumitomo Insurance Venture Capital Co., Ltd., for approximately ¥750 million on August 6, 2024. A cash consideration of ¥754.5 million will be paid by BASE,Inc. As part of consideration, ¥754.5 million is paid towards common equity of want.jp. For the period ending December 31, 2023, want.jp reported total revenue of ¥1.94 billion and EBIT of ¥423 million. As of December 31, 2023, want.jp reported total assets of ¥618 million and net liabilities of ¥452 million. The expected completion of the transaction is February 1, 2028 to February 29, 2028.
分析記事 • Aug 06BASE,Inc.'s (TSE:4477) Stock Retreats 29% But Revenues Haven't Escaped The Attention Of InvestorsThe BASE,Inc. ( TSE:4477 ) share price has fared very poorly over the last month, falling by a substantial 29%. The...
New Risk • Aug 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
お知らせ • Jul 04BASE, Inc Launches Drop-Shipping Function for the First Time in JapanBASE Inc. announced it will launch this summer the "Sales Partner App" the first drop-shipping function for online shop creation services in Japan. This function enables shops that use "BASE" to collaborate on consignment sales. By connecting "supplier's shops" that excel in goods production with "seller's shops" that excel in sales, each shop can concentrate on goods production and sales promotions respectively. Prior to the release of the App this summer, it launched preliminary functions on July 4, 2024, which enable "supplier's shops" to register their goods to be sold on consignment, and "seller's shop" to apply for consignment sales. The "Sales Partner App" is one of the "BASE Apps", extended functions provided to online shops using "BASE," that enables drop-shipping between shops using "BASE". Drop-shipping allows online shops to operate without carrying inventory. The "Sales Partner App" connects "supplier's shops" that produce goods with "seller's shops", enabling "seller's shops" to sell the goods of "supplier's shops" without carrying inventory. Since a "supplier's shop" handles the production, inventory management, and shipping of goods, the company recommend those who are good at attracting customers and sales promotions to open a shop as a "seller's shop". First, it will provide partial functionality up to the listing and linkage functions, but it plan to provide full functionality+ by the end of this summer. The "Sales Partner App" will be updated with new functions to solve the problems of both "supplier's shops" and "seller's shops". Preliminary launch date: July 4, 2024 Full function available date: by the end of summer Available for: Online shops using BASE. Features of the Sales Partner App 1, "BASE" has the No. 1 track record (1) in opening online shops, so one can build a network with a wide variety of shops. App usage fees charged to "supplier's shops" are only when goods are sold. They can leave customer attraction and sales promotion to "seller's shop" with no fixed costs. Since the role of a "seller's shop" is to sell, there is no need to purchase goods, manage inventory, or ship goods. It is possible to earn rewards when goods are sold, making it smooth for influencers to open seller's shops.
お知らせ • Jun 28BASE,Inc. to Report Q2, 2024 Results on Aug 06, 2024BASE,Inc. announced that they will report Q2, 2024 results on Aug 06, 2024
Breakeven Date Change • Jun 13Forecast breakeven date moved forward to 2024The 4 analysts covering BASEInc previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of JP¥153.0m in 2024. Earnings growth of 86% is required to achieve expected profit on schedule.
分析記事 • May 11Why Investors Shouldn't Be Surprised By BASE,Inc.'s (TSE:4477) P/SWhen close to half the companies in the IT industry in Japan have price-to-sales ratios (or "P/S") below 1.1x, you may...
Reported Earnings • May 11First quarter 2024 earnings released: EPS: JP¥1.85 (vs JP¥3.14 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥1.85 (up from JP¥3.14 loss in 1Q 2023). Revenue: JP¥3.59b (up 43% from 1Q 2023). Net income: JP¥213.0m (up JP¥571.0m from 1Q 2023). Profit margin: 5.9% (up from net loss in 1Q 2023). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 42% per year, which means it is performing significantly worse than earnings.
お知らせ • May 10BASE,Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2024BASE Inc. provided consolidated earnings guidance for the fiscal year ending December 31, 2024. For the year, the company expects net sales to be JPY 14,700 million, profit attributable to owners of parent of JPY 7 million and earnings per share of JPY 0.06.
分析記事 • Apr 19Companies Like BASEInc (TSE:4477) Can Afford To Invest In GrowthEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
お知らせ • Mar 28BASE, Inc. to Report Q1, 2024 Results on May 09, 2024BASE, Inc. announced that they will report Q1, 2024 results on May 09, 2024
Major Estimate Revision • Feb 27Consensus estimates of losses per share improve by 69%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from JP¥14.1b to JP¥14.2b. EPS estimate increased from -JP¥0.477 per share to -JP¥0.15 per share. IT industry in Japan expected to see average net income growth of 18% next year. Consensus price target broadly unchanged at JP¥383. Share price rose 2.7% to JP¥345 over the past week.
Reported Earnings • Feb 10Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: JP¥5.30 loss per share (improved from JP¥15.46 loss in FY 2022). Revenue: JP¥11.7b (up 20% from FY 2022). Net loss: JP¥606.0m (loss narrowed 65% from FY 2022). Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 47%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 48% per year and the company’s share price has also fallen by 48% per year.
Price Target Changed • Feb 09Price target increased by 7.8% to JP¥380Up from JP¥353, the current price target is an average from 3 analysts. New target price is 12% above last closing price of JP¥340. Stock is up 19% over the past year. The company is forecast to post a net loss per share of JP¥10.07 next year compared to a net loss per share of JP¥15.46 last year.
Major Estimate Revision • Feb 09Consensus EPS estimates upgraded to JP¥2.61 lossThe consensus outlook for fiscal year 2024 has been updated. 2024 losses forecast to reduce from -JP¥3.30 to -JP¥2.61 per share. Revenue forecast unchanged from JP¥13.7b at last update. IT industry in Japan expected to see average net income growth of 18% next year. Consensus price target of JP¥363 unchanged from last update. Share price rose 9.7% to JP¥340 over the past week.
お知らせ • Feb 08BASE, Inc., Annual General Meeting, Mar 26, 2024BASE, Inc., Annual General Meeting, Mar 26, 2024.
お知らせ • Dec 28BASE, Inc. to Report Fiscal Year 2023 Results on Feb 08, 2024BASE, Inc. announced that they will report fiscal year 2023 results on Feb 08, 2024
お知らせ • Dec 06BASE, Inc. Launches Three New AI FunctionsBASE, Inc. announce the December 6, 2023 release of three new AI functions for BASE, the company's online shop creation service: SNS AutoPost, AutoReply, and AutoDesign. 1. SNS AutoPost: AI generates precisely targeted sentences and hash tags based on registered product information (shop category, product name, and product description). 2. AutoReply: AI takes the content of inquires received from customers and suggests what to write in response. This reduces the workload involved when considering the response, such as pulling up the order status or drafting the text. 3. AutoDesign: By simply selecting what product categories plan to sell and the atmosphere of the shop, AI will suggest an original shop design. It can also find images that can be used for commercial purposes and make copywriting suggestions.
New Risk • Nov 22New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Shareholders have been diluted in the past year (2.7% increase in shares outstanding).
Reported Earnings • Nov 08Third quarter 2023 earnings released: JP¥1.24 loss per share (vs JP¥2.63 loss in 3Q 2022)Third quarter 2023 results: JP¥1.24 loss per share (improved from JP¥2.63 loss in 3Q 2022). Revenue: JP¥2.98b (up 30% from 3Q 2022). Net loss: JP¥142.0m (loss narrowed 52% from 3Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the IT industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 23 percentage points per year, which is a significant difference in performance.
お知らせ • Nov 07BASE, Inc. Announces Pricing Update of the Monthly-Fee Plan & Significantly Expanded New FeaturesBASE, Inc. announced pricing update of the Monthly-Fee Plan of "BASE" from January 16, 2024. "BASE" is providing two pricing plans, the No Monthly Cost Plan and the Monthly-Fee Plan. Customers can select an appropriate plan based on the scale of the sales of their shop. Customers can use all of the functions with either of the plans. No Monthly Cost Plan. This is a plan under which no fixed costs such as the initial cost and monthly cost, etc. are charged and fees are incurred only when the products are sold. It can be used for settlement fees of 3.6% + 40 JPY and a service usage fee of 3%. Monthly-Fee Plan. This is a plan to further boost the growth of shops whose sales have already grown. It can be used for Settlement fees of 2.9% (1), the cheapest level in the industry. This is calculated using the Monthly-Fee Plan (in the case of annual payment equivalent to 16,580 JPY/month) and settlement fees of 2.9%. The No Monthly Cost Plan offers settlement fees of 3. 6% + 40 JPY, so the fees vary depending on the number of orders. This is calculated using the monthly-Fee Plan (in The case of annual payment equivalent to16,580 JPY/month). In the case of comparisons with the plans in other companies providing an online shop opening service with a provision target and content like the Monthly-Fee Plan provided by "BASE" and with the minimum settlement fees announced by other companies. As of November 1, 2023. In order to support the growth of shop owners even more, "BASE" plans to sequentially provide new functions and update existing functions, including new functions to promote the streamlining of operations through automation using AI from early December, the update of CRM functions with the objective of enhancing customer loyalty, and others. New Functions. The company plan to provide functions concerning AI in early December. Following on from the function to support the generation of written product explanations with AI which the company commenced providing in April 2023, the company will provide a further three functions which alleviate the operational burden of operations. The company plan to provide the Overseas Sales Agency App in late December. The company will provide functions to support the acceptance of orders from overseas, deliveries, and responses to inquiries in order to enable shop owners who want to take on the challenge of cross-border e-commerce to sell their products overseas without increasing their operational burden. The company plan to provide The Sales Partner App next spring. This is a function which can match product sales partners among the shops using "BASE." It can match shop owners who are good at creating products with shop owners who are good at selling products, and provides a mechanism which leads to expanded sales by enabling shops who have become partners to sell the products as well. Update of Existing Functions. The company plan to update the Shipping Cost Detailed Settings App in early December. In addition to the function which can set the shipping cost based on the delivery region and the purchased products, the company plan to add a function which enables compilation of the shipping cost for each temperature zone, namely room temperature, refrigerated, and frozen, and a function which enables the setting of the shipping cost based on the number and weight of the products. The company plan to updated the Membership App next spring. Through the function which enables the shops to make their own membership programs, the company plan to introduce a function which enables the rewards offered by the shops and the points collected by the customers to be exchanged at the time an order is placed. The company plan to develop. Since this pricing update is effective on this pricing update is effective on the company plans to develop.
Major Estimate Revision • Sep 21Consensus EPS estimates upgraded to JP¥11.58 loss, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from JP¥11.2b to JP¥11.0b. 2023 losses expected to reduce from -JP¥13.20 to -JP¥11.58 per share. IT industry in Japan expected to see average net income growth of 17% next year. Consensus price target down from JP¥353 to JP¥333. Share price fell 8.5% to JP¥312 over the past week.
お知らせ • Sep 01BASE, Inc. to Report Q3, 2023 Results on Nov 07, 2023BASE, Inc. announced that they will report Q3, 2023 results on Nov 07, 2023
New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.9% 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 Currently unprofitable and not forecast to become profitable over next 3 years (JP¥79m net loss in 3 years). Share price has been volatile over the past 3 months (6.9% average weekly change). Shareholders have been diluted in the past year (2.1% increase in shares outstanding).
Reported Earnings • Aug 04Second quarter 2023 earnings released: JP¥0.12 loss per share (vs JP¥5.56 loss in 2Q 2022)Second quarter 2023 results: JP¥0.12 loss per share (improved from JP¥5.56 loss in 2Q 2022). Revenue: JP¥2.84b (up 24% from 2Q 2022). Net loss: JP¥14.0m (loss narrowed 98% from 2Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the IT industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance.
Price Target Changed • Jun 16Price target decreased by 18% to JP¥353Down from JP¥428, the current price target is an average from 4 analysts. New target price is 32% above last closing price of JP¥267. Stock is down 12% over the past year. The company is forecast to post a net loss per share of JP¥14.63 next year compared to a net loss per share of JP¥15.46 last year.
お知らせ • May 31BASE, Inc. to Report Q2, 2023 Results on Aug 03, 2023BASE, Inc. announced that they will report Q2, 2023 results on Aug 03, 2023
Reported Earnings • May 12First quarter 2023 earnings released: JP¥3.14 loss per share (vs JP¥2.68 loss in 1Q 2022)First quarter 2023 results: JP¥3.14 loss per share (further deteriorated from JP¥2.68 loss in 1Q 2022). Revenue: JP¥2.52b (flat on 1Q 2022). Net loss: JP¥358.0m (loss widened 20% from 1Q 2022). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the IT industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 31Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: JP¥15.46 loss per share (further deteriorated from JP¥10.80 loss in FY 2021). Revenue: JP¥9.74b (down 1.9% from FY 2021). Net loss: JP¥1.73b (loss widened 45% from FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 21%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the IT industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.
Reported Earnings • Feb 10Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: JP¥15.46 loss per share (further deteriorated from JP¥10.80 loss in FY 2021). Revenue: JP¥9.74b (down 1.9% from FY 2021). Net loss: JP¥1.73b (loss widened 45% from FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 21%. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the IT industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 08+ 1 more updateBASE, Inc., Annual General Meeting, Mar 24, 2023BASE, Inc., Annual General Meeting, Mar 24, 2023.
お知らせ • Jan 07BASE, Inc. to Report Fiscal Year 2022 Results on Feb 08, 2023BASE, Inc. announced that they will report fiscal year 2022 results on Feb 08, 2023
Price Target Changed • Nov 16Price target decreased to JP¥445Down from JP¥498, the current price target is an average from 4 analysts. New target price is 35% above last closing price of JP¥330. Stock is down 62% over the past year. The company is forecast to post a net loss per share of JP¥20.97 next year compared to a net loss per share of JP¥10.80 last year.
Price Target Changed • Nov 13Price target decreased to JP¥462Down from JP¥498, the current price target is an average from 5 analysts. New target price is 43% above last closing price of JP¥323. Stock is down 61% over the past year. The company is forecast to post a net loss per share of JP¥21.25 next year compared to a net loss per share of JP¥10.80 last year.
Reported Earnings • Nov 10Third quarter 2022 earnings released: JP¥2.63 loss per share (vs JP¥1.99 loss in 3Q 2021)Third quarter 2022 results: JP¥2.63 loss per share (further deteriorated from JP¥1.99 loss in 3Q 2021). Revenue: JP¥2.29b (down 8.0% from 3Q 2021). Net loss: JP¥295.0m (loss widened 34% from 3Q 2021). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the IT industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.
お知らせ • Nov 09BASE, Inc. Provides Consolidated Earnings Forecast for the Fiscal Year Ending December 31, 2022BASE, Inc. provided consolidated earnings forecast for the fiscal year ending December 31, 2022. The company expected net sales of JPY 9,130 million to JPY 9,490 million, ordinary loss to be JPY 2,290 million to JPY 2,120 million. Net loss Attributable to Owners of Parent to be JPY 2,369 million to JPY 2,199 million or LPS to be JPY 20.60 to JPY 19.17.
お知らせ • Sep 29BASE, Inc. to Report Q3, 2022 Results on Nov 08, 2022BASE, Inc. announced that they will report Q3, 2022 results on Nov 08, 2022
Price Target Changed • Sep 13Price target decreased to JP¥506Down from JP¥742, the current price target is an average from 6 analysts. New target price is 59% above last closing price of JP¥318. Stock is down 76% over the past year. The company is forecast to post a net loss per share of JP¥21.72 next year compared to a net loss per share of JP¥10.80 last year.
Reported Earnings • Aug 05Second quarter 2022 earnings released: JP¥5.56 loss per share (vs JP¥1.44 loss in 2Q 2021)Second quarter 2022 results: JP¥5.56 loss per share (down from JP¥1.44 loss in 2Q 2021). Revenue: JP¥2.30b (down 6.2% from 2Q 2021). Net loss: JP¥622.0m (loss widened 118% from 2Q 2021). Over the next year, revenue is forecast to grow 15%, compared to a 11% growth forecast for the industry in Japan.
Major Estimate Revision • Jul 22Consensus EPS estimates fall by 24%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from JP¥11.2b to JP¥10.6b. Losses expected to increase from JP¥18.00 per share to JP¥22.31. IT industry in Japan expected to see average net income growth of 13% next year. Consensus price target down from JP¥1,002 to JP¥776. Share price rose 8.5% to JP¥370 over the past week.
Price Target Changed • Jun 18Price target increased to JP¥1,002Up from JP¥917, the current price target is an average from 6 analysts. New target price is 229% above last closing price of JP¥305. Stock is down 82% over the past year. The company is forecast to post a net loss per share of JP¥18.00 next year compared to a net loss per share of JP¥10.80 last year.
Major Estimate Revision • Jun 16Consensus EPS estimates fall by 21%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from JP¥11.7b to JP¥11.2b. Losses expected to increase from JP¥15.69 per share to JP¥18.92. IT industry in Japan expected to see average net income growth of 14% next year. Consensus price target broadly unchanged at JP¥915. Share price fell 15% to JP¥311 over the past week.
お知らせ • May 29BASE, Inc. to Report Q2, 2022 Results on Aug 04, 2022BASE, Inc. announced that they will report Q2, 2022 results on Aug 04, 2022
Major Estimate Revision • May 19Consensus estimates of losses per share improve by 29%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from JP¥11.3b to JP¥11.7b. EPS estimate increased from -JP¥21.98 per share to -JP¥15.71 per share. IT industry in Japan expected to see average net income growth of 12% next year. Consensus price target broadly unchanged at JP¥958. Share price rose 38% to JP¥408 over the past week.
Reported Earnings • May 16First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: JP¥2.68 loss per share (down from JP¥1.82 profit in 1Q 2021). Revenue: JP¥2.51b (up 12% from 1Q 2021). Net loss: JP¥299.0m (down JP¥339.0m from profit in 1Q 2021). Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) also missed analyst estimates by 32%. Over the next year, revenue is forecast to grow 21%, compared to a 8.2% growth forecast for the industry in Japan.
Price Target Changed • Apr 27Price target decreased to JP¥970Down from JP¥1,053, the current price target is an average from 7 analysts. New target price is 169% above last closing price of JP¥361. Stock is down 80% over the past year. The company is forecast to post a net loss per share of JP¥21.98 next year compared to a net loss per share of JP¥10.80 last year.
お知らせ • Apr 08BASE, Inc. to Report Q1, 2022 Results on May 12, 2022BASE, Inc. announced that they will report Q1, 2022 results on May 12, 2022
Major Estimate Revision • Mar 04Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 expected loss increased from -JP¥16.27 to -JP¥18.38 per share. Revenue forecast unchanged at JP¥11.6b. IT industry in Japan expected to see average net income growth of 11% next year. Consensus price target of JP¥1,053 unchanged from last update. Share price rose 7.8% to JP¥416 over the past week.
Price Target Changed • Feb 16Price target decreased to JP¥1,053Down from JP¥1,532, the current price target is an average from 7 analysts. New target price is 179% above last closing price of JP¥378. Stock is down 86% over the past year. The company is forecast to post a net loss per share of JP¥8.31 next year compared to a net loss per share of JP¥10.80 last year.
Major Estimate Revision • Feb 16Consensus EPS estimates fall by 73%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from JP¥12.7b to JP¥11.7b. Losses expected to increase from JP¥4.80 per share to JP¥8.31. IT industry in Japan expected to see average net income growth of 11% next year. Consensus price target down from JP¥1,532 to JP¥1,053. Share price fell 14% to JP¥378 over the past week.
Reported Earnings • Feb 10Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: JP¥10.80 loss per share (down from JP¥5.63 profit in FY 2020). Revenue: JP¥9.93b (up 20% from FY 2020). Net loss: JP¥1.19b (down 305% from profit in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 32%. Over the next year, revenue is forecast to grow 24%, compared to a 7.4% growth forecast for the industry in Japan.
お知らせ • Feb 09BASE, Inc., Annual General Meeting, Mar 23, 2022BASE, Inc., Annual General Meeting, Mar 23, 2022. Agenda: To consider proposal for Partial Amendment to the Articles of Incorporation; to consider Reduction in the Amount of Capital Reserve; to consider the management structure for the 10th fiscal year, taking into account the recommendations of the Nomination and Remuneration Committee (Advisory Committee); to revise the amount of remuneration for Auditors.
Price Target Changed • Nov 09Price target decreased to JP¥1,582Down from JP¥1,732, the current price target is an average from 6 analysts. New target price is 86% above last closing price of JP¥851. Stock is down 61% over the past year. The company is forecast to post a net loss per share of JP¥7.83 compared to earnings per share of JP¥5.63 last year.
Reported Earnings • Nov 05Third quarter 2021 earnings released: JP¥1.99 loss per share (vs JP¥4.36 profit in 3Q 2020)The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: JP¥2.49b (up 7.6% from 3Q 2020). Net loss: JP¥221.0m (down 150% from profit in 3Q 2020).
Price Target Changed • Aug 23Price target decreased to JP¥1,712Down from JP¥1,968, the current price target is an average from 5 analysts. New target price is 52% above last closing price of JP¥1,130. Stock is down 40% over the past year.
Reported Earnings • Aug 06Second quarter 2021 earnings released: JP¥1.44 loss per share (vs JP¥5.21 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: JP¥2.45b (down 4.3% from 2Q 2020). Net loss: JP¥286.0m (down 154% from profit in 2Q 2020).
Major Estimate Revision • Jun 01Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast fell from JP¥10.9b to JP¥10.7b. 2021 losses expected to reduce from -JP¥7.98 to -JP¥7.06 per share. IT industry in Japan expected to see average net income growth of 12% next year. Consensus price target up from JP¥2,023 to JP¥2,183. Share price rose 2.9% to JP¥1,727 over the past week.