View Future GrowthWILLs 過去の業績過去 基準チェック /66WILLsは、平均年間19.2%の収益成長を遂げていますが、 Software業界の収益は、年間 成長しています。収益は、平均年間13.5% 14.9%収益成長率で 成長しています。 WILLsの自己資本利益率は32.3%であり、純利益率は13.9%です。主要情報19.20%収益成長率18.08%EPS成長率Software 業界の成長12.13%収益成長率14.91%株主資本利益率32.33%ネット・マージン13.87%次回の業績アップデート13 Aug 2026最近の業績更新Reported Earnings • Feb 18Full year 2025 earnings released: EPS: JP¥41.40 (vs JP¥32.42 in FY 2024)Full year 2025 results: EPS: JP¥41.40 (up from JP¥32.42 in FY 2024). Revenue: JP¥6.05b (up 19% from FY 2024). Net income: JP¥839.0m (up 25% from FY 2024). Profit margin: 14% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: JP¥15.58 (vs JP¥13.16 in 2Q 2024)Second quarter 2025 results: EPS: JP¥15.58 (up from JP¥13.16 in 2Q 2024). Revenue: JP¥1.58b (up 20% from 2Q 2024). Net income: JP¥316.4m (up 14% from 2Q 2024). Profit margin: 20% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Reported Earnings • May 19First quarter 2025 earnings released: EPS: JP¥1.67 (vs JP¥3.23 in 1Q 2024)First quarter 2025 results: EPS: JP¥1.67 (down from JP¥3.23 in 1Q 2024). Revenue: JP¥841.0m (flat on 1Q 2024). Net income: JP¥34.0m (down 50% from 1Q 2024). Profit margin: 4.0% (down from 8.1% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 01+ 1 more updateWILLs Inc. to Report Q3, 2025 Results on Nov 14, 2025WILLs Inc. announced that they will report Q3, 2025 results on Nov 14, 2025お知らせ • Feb 19WILLs Inc. to Report Q1, 2025 Results on May 14, 2025WILLs Inc. announced that they will report Q1, 2025 results on May 14, 2025Reported Earnings • Feb 16Full year 2024 earnings released: EPS: JP¥32.42 (vs JP¥24.36 in FY 2023)Full year 2024 results: EPS: JP¥32.42 (up from JP¥24.36 in FY 2023). Revenue: JP¥5.07b (up 13% from FY 2023). Net income: JP¥670.0m (up 32% from FY 2023). Profit margin: 13% (up from 11% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.すべての更新を表示Recent updatesDeclared Dividend • Apr 11Final dividend increased to JP¥9.00Dividend of JP¥9.00 is 38% higher than last year. Ex-date: 29th June 2026 Payment date: 16th September 2026 Dividend yield will be 2.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 64% per year over the past 4 years and payments have been stable during that time. Earnings per share has grown by 23% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 18Full year 2025 earnings released: EPS: JP¥41.40 (vs JP¥32.42 in FY 2024)Full year 2025 results: EPS: JP¥41.40 (up from JP¥32.42 in FY 2024). Revenue: JP¥6.05b (up 19% from FY 2024). Net income: JP¥839.0m (up 25% from FY 2024). Profit margin: 14% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.New Risk • Feb 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.分析記事 • Feb 16With EPS Growth And More, WILLs (TSE:4482) Makes An Interesting CaseThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...お知らせ • Feb 16WILLs Inc., Annual General Meeting, Mar 27, 2026WILLs Inc., Annual General Meeting, Mar 27, 2026.Valuation Update With 7 Day Price Move • Feb 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥827, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 17x in the Software industry in Japan. Total returns to shareholders of 42% over the past three years.Buy Or Sell Opportunity • Jan 14Now 20% undervaluedOver the last 90 days, the stock has risen 2.3% to JP¥743. The fair value is estimated to be JP¥929, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 17%.New Risk • Jan 05New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.6b (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.Upcoming Dividend • Dec 22Upcoming dividend of JP¥6.50 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 31 March 2026. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (1.7%).分析記事 • Sep 17WILLs (TSE:4482) Will Pay A Dividend Of ¥6.50The board of WILLs Inc. ( TSE:4482 ) has announced that it will pay a dividend on the 31st of March, with investors...Declared Dividend • Sep 17First half dividend of JP¥6.50 announcedShareholders will receive a dividend of JP¥6.50. Ex-date: 29th December 2025 Payment date: 31st March 2026 Dividend yield will be 1.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 51% per year over the past 4 years and payments have been stable during that time. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: JP¥15.58 (vs JP¥13.16 in 2Q 2024)Second quarter 2025 results: EPS: JP¥15.58 (up from JP¥13.16 in 2Q 2024). Revenue: JP¥1.58b (up 20% from 2Q 2024). Net income: JP¥316.4m (up 14% from 2Q 2024). Profit margin: 20% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Aug 15Now 20% undervaluedOver the last 90 days, the stock has risen 3.8% to JP¥685. The fair value is estimated to be JP¥857, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 15%.分析記事 • Jun 24WILLs' (TSE:4482) Shareholders Will Receive A Bigger Dividend Than Last YearWILLs Inc. ( TSE:4482 ) has announced that it will be increasing its dividend from last year's comparable payment on...Buy Or Sell Opportunity • Jun 16Now 20% undervaluedOver the last 90 days, the stock has risen 7.7% to JP¥689. The fair value is estimated to be JP¥866, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 15%.分析記事 • Jun 10WILLs' (TSE:4482) Upcoming Dividend Will Be Larger Than Last Year'sThe board of WILLs Inc. ( TSE:4482 ) has announced that it will be paying its dividend of ¥6.50 on the 17th of...分析記事 • May 21WILLs' (TSE:4482) Dividend Will Be Increased To ¥6.50WILLs Inc. ( TSE:4482 ) has announced that it will be increasing its dividend from last year's comparable payment on...Reported Earnings • May 19First quarter 2025 earnings released: EPS: JP¥1.67 (vs JP¥3.23 in 1Q 2024)First quarter 2025 results: EPS: JP¥1.67 (down from JP¥3.23 in 1Q 2024). Revenue: JP¥841.0m (flat on 1Q 2024). Net income: JP¥34.0m (down 50% from 1Q 2024). Profit margin: 4.0% (down from 8.1% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • May 15Now 23% undervaluedOver the last 90 days, the stock has risen 7.7% to JP¥660. The fair value is estimated to be JP¥855, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 15%.Declared Dividend • Apr 11Final dividend of JP¥6.50 announcedShareholders will receive a dividend of JP¥6.50. Ex-date: 27th June 2025 Payment date: 17th September 2025 Dividend yield will be 1.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 73% per year over the past 3 years and payments have been stable during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Apr 01+ 1 more updateWILLs Inc. to Report Q3, 2025 Results on Nov 14, 2025WILLs Inc. announced that they will report Q3, 2025 results on Nov 14, 2025お知らせ • Feb 19WILLs Inc. to Report Q1, 2025 Results on May 14, 2025WILLs Inc. announced that they will report Q1, 2025 results on May 14, 2025Reported Earnings • Feb 16Full year 2024 earnings released: EPS: JP¥32.42 (vs JP¥24.36 in FY 2023)Full year 2024 results: EPS: JP¥32.42 (up from JP¥24.36 in FY 2023). Revenue: JP¥5.07b (up 13% from FY 2023). Net income: JP¥670.0m (up 32% from FY 2023). Profit margin: 13% (up from 11% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • Feb 14WILLs Inc., Annual General Meeting, Mar 28, 2025WILLs Inc., Annual General Meeting, Mar 28, 2025.Buy Or Sell Opportunity • Dec 26Now 21% undervaluedOver the last 90 days, the stock has risen 8.5% to JP¥649. The fair value is estimated to be JP¥824, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 13%.Upcoming Dividend • Dec 20Upcoming dividend of JP¥5.50 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 26 March 2025. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.3%).Reported Earnings • Aug 19Second quarter 2024 earnings released: EPS: JP¥8.35 (vs JP¥11.97 in 2Q 2023)Second quarter 2024 results: EPS: JP¥8.35 (down from JP¥11.97 in 2Q 2023). Revenue: JP¥1.08b (down 15% from 2Q 2023). Net income: JP¥173.0m (down 31% from 2Q 2023). Profit margin: 16% (down from 20% in 2Q 2023). The decrease in margin was driven by lower revenue.分析記事 • Aug 17WILLs (TSE:4482) Will Pay A Dividend Of ¥5.50The board of WILLs Inc. ( TSE:4482 ) has announced that it will pay a dividend of ¥5.50 per share on the 26th of March...Declared Dividend • Aug 16Dividend of JP¥5.50 announcedShareholders will receive a dividend of JP¥5.50. Ex-date: 27th December 2024 Payment date: 26th March 2025 Dividend yield will be 1.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 64% per year over the past 3 years and payments have been stable during that time. Earnings per share has grown by 9.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Aug 15WILLs Inc. (TSE:4482) agreed to acquire Hara Tokutaro Shoten Co., Ltd.WILLs Inc. (TSE:4482) agreed to acquire Hara Tokutaro Shoten Co., Ltd. on August 14, 2024. For Fiscal year ending March 2024, Hara Tokutaro Shoten reported total asset of ¥11 million, net assets of -¥8 million, sales of ¥49 million and net income -¥3 million. The expected completion of the transaction is August 26, 2024.お知らせ • Aug 07WILLs Inc. (TSE:4482) announces an Equity Buyback for 621,000 shares, representing 3% for ¥300 million.WILLs Inc. (TSE:4482) announces a share repurchase program. Under the program, the company will repurchase up to 621,000 shares, representing 3% of its total shares outstanding (excluding treasury shares), for a total of ¥300 million. The purpose of the program is to improve capital efficiency and implementing a flexible capital policy that responds to changes in the market and business environment. The repurchase program is valid till December 30, 2024. As of December 31, 2023, the company had 20,713,207 shares outstanding (excluding treasury shares) and had 341,193 shares in treasury.分析記事 • Aug 06Is WILLs (TSE:4482) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥498, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Software industry in Japan. Total loss to shareholders of 39% over the past three years.Reported Earnings • May 18First quarter 2024 earnings released: EPS: JP¥3.23 (vs JP¥4.04 in 1Q 2023)First quarter 2024 results: EPS: JP¥3.23 (down from JP¥4.04 in 1Q 2023). Revenue: JP¥840.0m (up 6.6% from 1Q 2023). Net income: JP¥68.0m (down 20% from 1Q 2023). Profit margin: 8.1% (down from 11% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.4% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Software industry in Japan.New Risk • Apr 15New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.2b (US$98.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.Declared Dividend • Apr 11Final dividend of JP¥5.50 announcedShareholders will receive a dividend of JP¥5.50. Ex-date: 27th June 2024 Payment date: 13th September 2024 Dividend yield will be 1.5%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 110% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 29% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Mar 28Full year 2023 earnings released: EPS: JP¥24.36 (vs JP¥20.87 in FY 2022)Full year 2023 results: EPS: JP¥24.36 (up from JP¥20.87 in FY 2022). Revenue: JP¥4.48b (up 17% from FY 2022). Net income: JP¥506.0m (up 21% from FY 2022). Profit margin: 11% (in line with FY 2022). Revenue is forecast to grow 1.6% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.分析記事 • Mar 18WILLs (TSE:4482) Could Easily Take On More DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Buy Or Sell Opportunity • Mar 12Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 28% to JP¥772. The fair value is estimated to be JP¥642, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 3.1% in 2 years. Earnings are forecast to grow by 26% in the next 2 years.分析記事 • Feb 29Here's Why We Think WILLs (TSE:4482) Might Deserve Your Attention TodayInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Buy Or Sell Opportunity • Feb 26Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 27% to JP¥773. The fair value is estimated to be JP¥641, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 3.1% in 2 years. Earnings are forecast to grow by 26% in the next 2 years.Reported Earnings • Feb 20Full year 2023 earnings released: EPS: JP¥24.36 (vs JP¥20.87 in FY 2022)Full year 2023 results: EPS: JP¥24.36 (up from JP¥20.87 in FY 2022). Revenue: JP¥4.48b (up 17% from FY 2022). Net income: JP¥506.0m (up 21% from FY 2022). Profit margin: 11% (in line with FY 2022). Revenue is forecast to grow 1.6% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.お知らせ • Feb 14WILLs Inc., Annual General Meeting, Mar 25, 2024WILLs Inc., Annual General Meeting, Mar 25, 2024.お知らせ • Feb 04+ 3 more updatesWILLs Inc. to Report Q1, 2024 Results on May 14, 2024WILLs Inc. announced that they will report Q1, 2024 results on May 14, 2024Upcoming Dividend • Dec 21Upcoming dividend of JP¥6.00 per share at 1.1% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 01 April 2024. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.5%).New Risk • Nov 22New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 118% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 are forecast to decline by an average of 118% per year for the foreseeable future. Minor Risks Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Market cap is less than US$100m (JP¥12.7b market cap, or US$85.2m).Reported Earnings • Nov 16Third quarter 2023 earnings released: EPS: JP¥9.13 (vs JP¥7.07 in 3Q 2022)Third quarter 2023 results: EPS: JP¥9.13 (up from JP¥7.07 in 3Q 2022). Revenue: JP¥1.29b (up 13% from 3Q 2022). Net income: JP¥185.0m (up 31% from 3Q 2022). Profit margin: 14% (up from 12% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: JP¥12.23 (vs JP¥10.22 in 2Q 2022)Second quarter 2023 results: EPS: JP¥12.23 (up from JP¥10.22 in 2Q 2022). Revenue: JP¥1.27b (up 13% from 2Q 2022). Net income: JP¥252.0m (up 24% from 2Q 2022). Profit margin: 20% (up from 18% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan.Buying Opportunity • Apr 05Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 23%. The fair value is estimated to be JP¥685, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last year. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 9.0% per annum. Earnings is also forecast to grow by 14% per annum over the same time period.お知らせ • Feb 18WILLs Inc., Annual General Meeting, Mar 30, 2023WILLs Inc., Annual General Meeting, Mar 30, 2023.Reported Earnings • Feb 17Full year 2022 earnings released: EPS: JP¥20.87 (vs JP¥17.88 in FY 2021)Full year 2022 results: EPS: JP¥20.87 (up from JP¥17.88 in FY 2021). Revenue: JP¥3.82b (up 13% from FY 2021). Net income: JP¥417.0m (up 20% from FY 2021). Profit margin: 11% (in line with FY 2021).Upcoming Dividend • Dec 22Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 31 March 2023. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.9%).お知らせ • Dec 06+ 2 more updatesWILLs Inc. to Report Q3, 2023 Results on Nov 14, 2023WILLs Inc. announced that they will report Q3, 2023 results on Nov 14, 2023Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: JP¥7.07 (vs JP¥1.57 in 3Q 2021)Third quarter 2022 results: EPS: JP¥7.07 (up from JP¥1.57 in 3Q 2021). Revenue: JP¥1.14b (up 42% from 3Q 2021). Net income: JP¥141.0m (up 355% from 3Q 2021). Profit margin: 12% (up from 3.8% in 3Q 2021). The increase in margin was driven by higher revenue.Buying Opportunity • Aug 26Now 21% undervaluedOver the last 90 days, the stock is up 22%. The fair value is estimated to be JP¥894, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last year. Earnings per share has grown by 21%.Reported Earnings • Aug 20Second quarter 2022 earnings releasedSecond quarter 2022 results: EPS: JP¥10.22. Net income: JP¥204.0m (up JP¥204.0m from 2Q 2021).Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥707, the stock trades at a trailing P/E ratio of 39.9x. Average trailing P/E is 24x in the Software industry in Japan. Total loss to shareholders of 30% over the past year.お知らせ • Jun 20WILLs Inc. (TSE:4482) announces an Equity Buyback for 50,000 shares, representing 0.25% for ¥21 million.WILLs Inc. (TSE:4482) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 0.25% of its issued share capital for a total of ¥21 million. The purpose of the program is to improve capital efficiency and implement agile capital policies in response to changes in the market environment and business environment. The program will expire on July 29, 2022. As March 31, 2022, the company had 19,831,444 shares outstanding and 124,956 shares held in treasury.お知らせ • Apr 08+ 2 more updatesWILLs Inc. to Report Q2, 2022 Results on Aug 15, 2022WILLs Inc. announced that they will report Q2, 2022 results on Aug 15, 2022Valuation Update With 7 Day Price Move • Apr 04Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥806, the stock trades at a trailing P/E ratio of 46.1x. Average trailing P/E is 23x in the Software industry in Japan. Total loss to shareholders of 43% over the past year.お知らせ • Feb 16WILLs Inc., Annual General Meeting, Mar 30, 2022WILLs Inc., Annual General Meeting, Mar 30, 2022.お知らせ • Feb 15WILLs Inc. (TSE:4482) announces an Equity Buyback for 200,000 shares, representing 1% for ¥100 million.WILLs Inc. (TSE:4482) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 1% of its issued share capital for a total of ¥100 million. The purpose of the program is to improve capital efficiency and implement agile capital policies in response to changes in the market environment and business environment. The program will expire on April 20, 2022. As of January 31, 2022, the company had 19,956,044 shares outstanding and 356 shares held in treasury.Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥996, the stock trades at a trailing P/E ratio of 66.8x. Average trailing P/E is 30x in the Software industry in Japan. Total returns to shareholders of 15% over the past year.Valuation Update With 7 Day Price Move • May 18Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to JP¥882, the stock trades at a trailing P/E ratio of 59.1x. Average trailing P/E is 29x in the Software industry in Japan. Total loss to shareholders of 15% over the past year.お知らせ • Mar 03+ 2 more updatesWILLs Inc. to Report Q1, 2021 Results on May 17, 2021WILLs Inc. announced that they will report Q1, 2021 results on May 17, 2021Reported Earnings • Feb 14Full year 2020 earnings released: EPS JP¥14.92 (vs JP¥48.98 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: JP¥2.43b (up 36% from FY 2019). Net income: JP¥279.0m (up 39% from FY 2019). Profit margin: 12% (in line with FY 2019).Is New 90 Day High Low • Feb 08New 90-day high: JP¥1,885The company is up 56% from its price of JP¥1,209 on 10 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 1.0% over the same period.Valuation Update With 7 Day Price Move • Jan 13Investor sentiment improved over the past weekAfter last week's 20% share price gain to JP¥1,397, the stock is trading at a trailing P/E ratio of 77.9x, up from the previous P/E ratio of 65.1x. This compares to an average P/E of 38x in the Software industry in Japan. Total returns to shareholders over the past year are 43%.Is New 90 Day High Low • Jan 12New 90-day high: JP¥1,444The company is up 15% from its price of JP¥1,257 on 14 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 3.0% over the same period.お知らせ • Dec 05WILLs Inc. to Report Fiscal Year 2020 Results on Feb 12, 2021WILLs Inc. announced that they will report fiscal year 2020 results on Feb 12, 2021Valuation Update With 7 Day Price Move • Dec 04Market bids up stock over the past weekAfter last week's 19% share price gain to JP¥1,215, the stock is trading at a trailing P/E ratio of 67.7x, up from the previous P/E ratio of 56.9x. This compares to an average P/E of 39x in the Software industry in Japan.Valuation Update With 7 Day Price Move • Dec 02Market bids up stock over the past weekAfter last week's 18% share price gain to JP¥1,246, the stock is trading at a trailing P/E ratio of 69.4x, up from the previous P/E ratio of 59x. This compares to an average P/E of 40x in the Software industry in Japan.収支内訳WILLs 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:4482 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 256,0518391,483030 Sep 255,8167581,512030 Jun 255,3316761,469031 Mar 255,0736361,439031 Dec 245,0726701,400030 Sep 244,7555111,313530 Jun 244,5885141,248531 Mar 244,5324891,186531 Dec 234,4805061,128530 Sep 234,2825551,093030 Jun 234,1305111,037031 Mar 233,9864631,008031 Dec 223,816417984030 Sep 223,689415867030 Jun 223,485394848031 Mar 223,346351843031 Dec 213,378349827031 Dec 202,4332796030質の高い収益: 4482は 高品質の収益 を持っています。利益率の向上: 4482の現在の純利益率 (13.9%)は、昨年(13.2%)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: 4482の収益は過去 5 年間で年間19.2%増加しました。成長の加速: 4482の過去 1 年間の収益成長率 ( 25.2% ) は、5 年間の平均 ( 年間19.2%を上回っています。収益対業界: 4482の過去 1 年間の収益成長率 ( 25.2% ) はSoftware業界16.8%を上回りました。株主資本利益率高いROE: 4482の 自己資本利益率 ( 32.3% ) は 高い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YSoftware 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 16:31終値2026/05/21 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋WILLs Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。4 アナリスト機関null nullAstris Advisory Japan, K.K.Hirofumi KawachiIchiyoshi Research Institute Inc.Michihiro AshiyaMizuho Securities Co., Ltd.1 その他のアナリストを表示
Reported Earnings • Feb 18Full year 2025 earnings released: EPS: JP¥41.40 (vs JP¥32.42 in FY 2024)Full year 2025 results: EPS: JP¥41.40 (up from JP¥32.42 in FY 2024). Revenue: JP¥6.05b (up 19% from FY 2024). Net income: JP¥839.0m (up 25% from FY 2024). Profit margin: 14% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: JP¥15.58 (vs JP¥13.16 in 2Q 2024)Second quarter 2025 results: EPS: JP¥15.58 (up from JP¥13.16 in 2Q 2024). Revenue: JP¥1.58b (up 20% from 2Q 2024). Net income: JP¥316.4m (up 14% from 2Q 2024). Profit margin: 20% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Reported Earnings • May 19First quarter 2025 earnings released: EPS: JP¥1.67 (vs JP¥3.23 in 1Q 2024)First quarter 2025 results: EPS: JP¥1.67 (down from JP¥3.23 in 1Q 2024). Revenue: JP¥841.0m (flat on 1Q 2024). Net income: JP¥34.0m (down 50% from 1Q 2024). Profit margin: 4.0% (down from 8.1% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 01+ 1 more updateWILLs Inc. to Report Q3, 2025 Results on Nov 14, 2025WILLs Inc. announced that they will report Q3, 2025 results on Nov 14, 2025
お知らせ • Feb 19WILLs Inc. to Report Q1, 2025 Results on May 14, 2025WILLs Inc. announced that they will report Q1, 2025 results on May 14, 2025
Reported Earnings • Feb 16Full year 2024 earnings released: EPS: JP¥32.42 (vs JP¥24.36 in FY 2023)Full year 2024 results: EPS: JP¥32.42 (up from JP¥24.36 in FY 2023). Revenue: JP¥5.07b (up 13% from FY 2023). Net income: JP¥670.0m (up 32% from FY 2023). Profit margin: 13% (up from 11% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Declared Dividend • Apr 11Final dividend increased to JP¥9.00Dividend of JP¥9.00 is 38% higher than last year. Ex-date: 29th June 2026 Payment date: 16th September 2026 Dividend yield will be 2.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 64% per year over the past 4 years and payments have been stable during that time. Earnings per share has grown by 23% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 18Full year 2025 earnings released: EPS: JP¥41.40 (vs JP¥32.42 in FY 2024)Full year 2025 results: EPS: JP¥41.40 (up from JP¥32.42 in FY 2024). Revenue: JP¥6.05b (up 19% from FY 2024). Net income: JP¥839.0m (up 25% from FY 2024). Profit margin: 14% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
New Risk • Feb 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
分析記事 • Feb 16With EPS Growth And More, WILLs (TSE:4482) Makes An Interesting CaseThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
お知らせ • Feb 16WILLs Inc., Annual General Meeting, Mar 27, 2026WILLs Inc., Annual General Meeting, Mar 27, 2026.
Valuation Update With 7 Day Price Move • Feb 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥827, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 17x in the Software industry in Japan. Total returns to shareholders of 42% over the past three years.
Buy Or Sell Opportunity • Jan 14Now 20% undervaluedOver the last 90 days, the stock has risen 2.3% to JP¥743. The fair value is estimated to be JP¥929, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 17%.
New Risk • Jan 05New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.6b (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥6.50 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 31 March 2026. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (1.7%).
分析記事 • Sep 17WILLs (TSE:4482) Will Pay A Dividend Of ¥6.50The board of WILLs Inc. ( TSE:4482 ) has announced that it will pay a dividend on the 31st of March, with investors...
Declared Dividend • Sep 17First half dividend of JP¥6.50 announcedShareholders will receive a dividend of JP¥6.50. Ex-date: 29th December 2025 Payment date: 31st March 2026 Dividend yield will be 1.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 51% per year over the past 4 years and payments have been stable during that time. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: JP¥15.58 (vs JP¥13.16 in 2Q 2024)Second quarter 2025 results: EPS: JP¥15.58 (up from JP¥13.16 in 2Q 2024). Revenue: JP¥1.58b (up 20% from 2Q 2024). Net income: JP¥316.4m (up 14% from 2Q 2024). Profit margin: 20% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Aug 15Now 20% undervaluedOver the last 90 days, the stock has risen 3.8% to JP¥685. The fair value is estimated to be JP¥857, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 15%.
分析記事 • Jun 24WILLs' (TSE:4482) Shareholders Will Receive A Bigger Dividend Than Last YearWILLs Inc. ( TSE:4482 ) has announced that it will be increasing its dividend from last year's comparable payment on...
Buy Or Sell Opportunity • Jun 16Now 20% undervaluedOver the last 90 days, the stock has risen 7.7% to JP¥689. The fair value is estimated to be JP¥866, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 15%.
分析記事 • Jun 10WILLs' (TSE:4482) Upcoming Dividend Will Be Larger Than Last Year'sThe board of WILLs Inc. ( TSE:4482 ) has announced that it will be paying its dividend of ¥6.50 on the 17th of...
分析記事 • May 21WILLs' (TSE:4482) Dividend Will Be Increased To ¥6.50WILLs Inc. ( TSE:4482 ) has announced that it will be increasing its dividend from last year's comparable payment on...
Reported Earnings • May 19First quarter 2025 earnings released: EPS: JP¥1.67 (vs JP¥3.23 in 1Q 2024)First quarter 2025 results: EPS: JP¥1.67 (down from JP¥3.23 in 1Q 2024). Revenue: JP¥841.0m (flat on 1Q 2024). Net income: JP¥34.0m (down 50% from 1Q 2024). Profit margin: 4.0% (down from 8.1% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • May 15Now 23% undervaluedOver the last 90 days, the stock has risen 7.7% to JP¥660. The fair value is estimated to be JP¥855, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 15%.
Declared Dividend • Apr 11Final dividend of JP¥6.50 announcedShareholders will receive a dividend of JP¥6.50. Ex-date: 27th June 2025 Payment date: 17th September 2025 Dividend yield will be 1.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 73% per year over the past 3 years and payments have been stable during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 01+ 1 more updateWILLs Inc. to Report Q3, 2025 Results on Nov 14, 2025WILLs Inc. announced that they will report Q3, 2025 results on Nov 14, 2025
お知らせ • Feb 19WILLs Inc. to Report Q1, 2025 Results on May 14, 2025WILLs Inc. announced that they will report Q1, 2025 results on May 14, 2025
Reported Earnings • Feb 16Full year 2024 earnings released: EPS: JP¥32.42 (vs JP¥24.36 in FY 2023)Full year 2024 results: EPS: JP¥32.42 (up from JP¥24.36 in FY 2023). Revenue: JP¥5.07b (up 13% from FY 2023). Net income: JP¥670.0m (up 32% from FY 2023). Profit margin: 13% (up from 11% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • Feb 14WILLs Inc., Annual General Meeting, Mar 28, 2025WILLs Inc., Annual General Meeting, Mar 28, 2025.
Buy Or Sell Opportunity • Dec 26Now 21% undervaluedOver the last 90 days, the stock has risen 8.5% to JP¥649. The fair value is estimated to be JP¥824, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 13%.
Upcoming Dividend • Dec 20Upcoming dividend of JP¥5.50 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 26 March 2025. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.3%).
Reported Earnings • Aug 19Second quarter 2024 earnings released: EPS: JP¥8.35 (vs JP¥11.97 in 2Q 2023)Second quarter 2024 results: EPS: JP¥8.35 (down from JP¥11.97 in 2Q 2023). Revenue: JP¥1.08b (down 15% from 2Q 2023). Net income: JP¥173.0m (down 31% from 2Q 2023). Profit margin: 16% (down from 20% in 2Q 2023). The decrease in margin was driven by lower revenue.
分析記事 • Aug 17WILLs (TSE:4482) Will Pay A Dividend Of ¥5.50The board of WILLs Inc. ( TSE:4482 ) has announced that it will pay a dividend of ¥5.50 per share on the 26th of March...
Declared Dividend • Aug 16Dividend of JP¥5.50 announcedShareholders will receive a dividend of JP¥5.50. Ex-date: 27th December 2024 Payment date: 26th March 2025 Dividend yield will be 1.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 64% per year over the past 3 years and payments have been stable during that time. Earnings per share has grown by 9.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Aug 15WILLs Inc. (TSE:4482) agreed to acquire Hara Tokutaro Shoten Co., Ltd.WILLs Inc. (TSE:4482) agreed to acquire Hara Tokutaro Shoten Co., Ltd. on August 14, 2024. For Fiscal year ending March 2024, Hara Tokutaro Shoten reported total asset of ¥11 million, net assets of -¥8 million, sales of ¥49 million and net income -¥3 million. The expected completion of the transaction is August 26, 2024.
お知らせ • Aug 07WILLs Inc. (TSE:4482) announces an Equity Buyback for 621,000 shares, representing 3% for ¥300 million.WILLs Inc. (TSE:4482) announces a share repurchase program. Under the program, the company will repurchase up to 621,000 shares, representing 3% of its total shares outstanding (excluding treasury shares), for a total of ¥300 million. The purpose of the program is to improve capital efficiency and implementing a flexible capital policy that responds to changes in the market and business environment. The repurchase program is valid till December 30, 2024. As of December 31, 2023, the company had 20,713,207 shares outstanding (excluding treasury shares) and had 341,193 shares in treasury.
分析記事 • Aug 06Is WILLs (TSE:4482) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥498, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Software industry in Japan. Total loss to shareholders of 39% over the past three years.
Reported Earnings • May 18First quarter 2024 earnings released: EPS: JP¥3.23 (vs JP¥4.04 in 1Q 2023)First quarter 2024 results: EPS: JP¥3.23 (down from JP¥4.04 in 1Q 2023). Revenue: JP¥840.0m (up 6.6% from 1Q 2023). Net income: JP¥68.0m (down 20% from 1Q 2023). Profit margin: 8.1% (down from 11% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.4% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Software industry in Japan.
New Risk • Apr 15New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.2b (US$98.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.
Declared Dividend • Apr 11Final dividend of JP¥5.50 announcedShareholders will receive a dividend of JP¥5.50. Ex-date: 27th June 2024 Payment date: 13th September 2024 Dividend yield will be 1.5%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 110% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 29% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Mar 28Full year 2023 earnings released: EPS: JP¥24.36 (vs JP¥20.87 in FY 2022)Full year 2023 results: EPS: JP¥24.36 (up from JP¥20.87 in FY 2022). Revenue: JP¥4.48b (up 17% from FY 2022). Net income: JP¥506.0m (up 21% from FY 2022). Profit margin: 11% (in line with FY 2022). Revenue is forecast to grow 1.6% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
分析記事 • Mar 18WILLs (TSE:4482) Could Easily Take On More DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Buy Or Sell Opportunity • Mar 12Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 28% to JP¥772. The fair value is estimated to be JP¥642, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 3.1% in 2 years. Earnings are forecast to grow by 26% in the next 2 years.
分析記事 • Feb 29Here's Why We Think WILLs (TSE:4482) Might Deserve Your Attention TodayInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Buy Or Sell Opportunity • Feb 26Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 27% to JP¥773. The fair value is estimated to be JP¥641, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 3.1% in 2 years. Earnings are forecast to grow by 26% in the next 2 years.
Reported Earnings • Feb 20Full year 2023 earnings released: EPS: JP¥24.36 (vs JP¥20.87 in FY 2022)Full year 2023 results: EPS: JP¥24.36 (up from JP¥20.87 in FY 2022). Revenue: JP¥4.48b (up 17% from FY 2022). Net income: JP¥506.0m (up 21% from FY 2022). Profit margin: 11% (in line with FY 2022). Revenue is forecast to grow 1.6% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.
お知らせ • Feb 14WILLs Inc., Annual General Meeting, Mar 25, 2024WILLs Inc., Annual General Meeting, Mar 25, 2024.
お知らせ • Feb 04+ 3 more updatesWILLs Inc. to Report Q1, 2024 Results on May 14, 2024WILLs Inc. announced that they will report Q1, 2024 results on May 14, 2024
Upcoming Dividend • Dec 21Upcoming dividend of JP¥6.00 per share at 1.1% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 01 April 2024. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.5%).
New Risk • Nov 22New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 118% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 are forecast to decline by an average of 118% per year for the foreseeable future. Minor Risks Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Market cap is less than US$100m (JP¥12.7b market cap, or US$85.2m).
Reported Earnings • Nov 16Third quarter 2023 earnings released: EPS: JP¥9.13 (vs JP¥7.07 in 3Q 2022)Third quarter 2023 results: EPS: JP¥9.13 (up from JP¥7.07 in 3Q 2022). Revenue: JP¥1.29b (up 13% from 3Q 2022). Net income: JP¥185.0m (up 31% from 3Q 2022). Profit margin: 14% (up from 12% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: JP¥12.23 (vs JP¥10.22 in 2Q 2022)Second quarter 2023 results: EPS: JP¥12.23 (up from JP¥10.22 in 2Q 2022). Revenue: JP¥1.27b (up 13% from 2Q 2022). Net income: JP¥252.0m (up 24% from 2Q 2022). Profit margin: 20% (up from 18% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan.
Buying Opportunity • Apr 05Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 23%. The fair value is estimated to be JP¥685, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last year. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 9.0% per annum. Earnings is also forecast to grow by 14% per annum over the same time period.
お知らせ • Feb 18WILLs Inc., Annual General Meeting, Mar 30, 2023WILLs Inc., Annual General Meeting, Mar 30, 2023.
Reported Earnings • Feb 17Full year 2022 earnings released: EPS: JP¥20.87 (vs JP¥17.88 in FY 2021)Full year 2022 results: EPS: JP¥20.87 (up from JP¥17.88 in FY 2021). Revenue: JP¥3.82b (up 13% from FY 2021). Net income: JP¥417.0m (up 20% from FY 2021). Profit margin: 11% (in line with FY 2021).
Upcoming Dividend • Dec 22Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 31 March 2023. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.9%).
お知らせ • Dec 06+ 2 more updatesWILLs Inc. to Report Q3, 2023 Results on Nov 14, 2023WILLs Inc. announced that they will report Q3, 2023 results on Nov 14, 2023
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: JP¥7.07 (vs JP¥1.57 in 3Q 2021)Third quarter 2022 results: EPS: JP¥7.07 (up from JP¥1.57 in 3Q 2021). Revenue: JP¥1.14b (up 42% from 3Q 2021). Net income: JP¥141.0m (up 355% from 3Q 2021). Profit margin: 12% (up from 3.8% in 3Q 2021). The increase in margin was driven by higher revenue.
Buying Opportunity • Aug 26Now 21% undervaluedOver the last 90 days, the stock is up 22%. The fair value is estimated to be JP¥894, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last year. Earnings per share has grown by 21%.
Reported Earnings • Aug 20Second quarter 2022 earnings releasedSecond quarter 2022 results: EPS: JP¥10.22. Net income: JP¥204.0m (up JP¥204.0m from 2Q 2021).
Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥707, the stock trades at a trailing P/E ratio of 39.9x. Average trailing P/E is 24x in the Software industry in Japan. Total loss to shareholders of 30% over the past year.
お知らせ • Jun 20WILLs Inc. (TSE:4482) announces an Equity Buyback for 50,000 shares, representing 0.25% for ¥21 million.WILLs Inc. (TSE:4482) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 0.25% of its issued share capital for a total of ¥21 million. The purpose of the program is to improve capital efficiency and implement agile capital policies in response to changes in the market environment and business environment. The program will expire on July 29, 2022. As March 31, 2022, the company had 19,831,444 shares outstanding and 124,956 shares held in treasury.
お知らせ • Apr 08+ 2 more updatesWILLs Inc. to Report Q2, 2022 Results on Aug 15, 2022WILLs Inc. announced that they will report Q2, 2022 results on Aug 15, 2022
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥806, the stock trades at a trailing P/E ratio of 46.1x. Average trailing P/E is 23x in the Software industry in Japan. Total loss to shareholders of 43% over the past year.
お知らせ • Feb 16WILLs Inc., Annual General Meeting, Mar 30, 2022WILLs Inc., Annual General Meeting, Mar 30, 2022.
お知らせ • Feb 15WILLs Inc. (TSE:4482) announces an Equity Buyback for 200,000 shares, representing 1% for ¥100 million.WILLs Inc. (TSE:4482) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 1% of its issued share capital for a total of ¥100 million. The purpose of the program is to improve capital efficiency and implement agile capital policies in response to changes in the market environment and business environment. The program will expire on April 20, 2022. As of January 31, 2022, the company had 19,956,044 shares outstanding and 356 shares held in treasury.
Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥996, the stock trades at a trailing P/E ratio of 66.8x. Average trailing P/E is 30x in the Software industry in Japan. Total returns to shareholders of 15% over the past year.
Valuation Update With 7 Day Price Move • May 18Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to JP¥882, the stock trades at a trailing P/E ratio of 59.1x. Average trailing P/E is 29x in the Software industry in Japan. Total loss to shareholders of 15% over the past year.
お知らせ • Mar 03+ 2 more updatesWILLs Inc. to Report Q1, 2021 Results on May 17, 2021WILLs Inc. announced that they will report Q1, 2021 results on May 17, 2021
Reported Earnings • Feb 14Full year 2020 earnings released: EPS JP¥14.92 (vs JP¥48.98 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: JP¥2.43b (up 36% from FY 2019). Net income: JP¥279.0m (up 39% from FY 2019). Profit margin: 12% (in line with FY 2019).
Is New 90 Day High Low • Feb 08New 90-day high: JP¥1,885The company is up 56% from its price of JP¥1,209 on 10 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 1.0% over the same period.
Valuation Update With 7 Day Price Move • Jan 13Investor sentiment improved over the past weekAfter last week's 20% share price gain to JP¥1,397, the stock is trading at a trailing P/E ratio of 77.9x, up from the previous P/E ratio of 65.1x. This compares to an average P/E of 38x in the Software industry in Japan. Total returns to shareholders over the past year are 43%.
Is New 90 Day High Low • Jan 12New 90-day high: JP¥1,444The company is up 15% from its price of JP¥1,257 on 14 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 3.0% over the same period.
お知らせ • Dec 05WILLs Inc. to Report Fiscal Year 2020 Results on Feb 12, 2021WILLs Inc. announced that they will report fiscal year 2020 results on Feb 12, 2021
Valuation Update With 7 Day Price Move • Dec 04Market bids up stock over the past weekAfter last week's 19% share price gain to JP¥1,215, the stock is trading at a trailing P/E ratio of 67.7x, up from the previous P/E ratio of 56.9x. This compares to an average P/E of 39x in the Software industry in Japan.
Valuation Update With 7 Day Price Move • Dec 02Market bids up stock over the past weekAfter last week's 18% share price gain to JP¥1,246, the stock is trading at a trailing P/E ratio of 69.4x, up from the previous P/E ratio of 59x. This compares to an average P/E of 40x in the Software industry in Japan.