Commerce One Holdings（4496）株式概要コマースワンホールディングス株式会社は、eコマース事業者が日本でビジネスを開始・運営するためのソリューションを提供しています。 詳細4496 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績4/6財務の健全性5/6配当金3/6報酬株価収益率（ 16.3 x）は、 Software業界平均（ 16.7 x）を下回っています。過去1年間で収益は231.9%増加しました リスク分析過去5年間で収益は年間17.2%減少しました。 意味のある時価総額がありません ( ¥5B )不安定な配当実績 すべてのリスクチェックを見る4496 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueJP¥Current PriceJP¥699.0011.0% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture06b2016201920222025202620282031Revenue JP¥5.7bEarnings JP¥443.9mAdvancedSet Fair ValueView all narrativesCommerce One Holdings Inc. 競合他社AcmosSymbol: TSE:6888Market cap: JP¥5.3bAVILENSymbol: TSE:5591Market cap: JP¥4.8bSystem IntegratorSymbol: TSE:3826Market cap: JP¥5.0bHammockSymbol: TSE:173AMarket cap: JP¥5.6b価格と性能株価の高値、安値、推移の概要Commerce One Holdings過去の株価現在の株価JP¥699.0052週高値JP¥879.0052週安値JP¥690.00ベータ0.641ヶ月の変化-5.28%3ヶ月変化-11.74%1年変化-12.73%3年間の変化0.58%5年間の変化-71.40%IPOからの変化-77.91%最新ニュースReported Earnings • May 19Full year 2026 earnings released: EPS: JP¥42.76 (vs JP¥12.70 in FY 2025)Full year 2026 results: EPS: JP¥42.76 (up from JP¥12.70 in FY 2025). Revenue: JP¥3.90b (up 5.5% from FY 2025). Net income: JP¥302.0m (up 232% from FY 2025). Profit margin: 7.8% (up from 2.5% in FY 2025). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • May 14+ 1 more updateCommerce One Holdings Inc., Annual General Meeting, Jun 25, 2026Commerce One Holdings Inc., Annual General Meeting, Jun 25, 2026.Upcoming Dividend • Mar 23Upcoming dividend of JP¥11.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.3%).Reported Earnings • Feb 16Third quarter 2026 earnings released: EPS: JP¥15.89 (vs JP¥7.11 in 3Q 2025)Third quarter 2026 results: EPS: JP¥15.89 (up from JP¥7.11 in 3Q 2025). Revenue: JP¥1.01b (up 8.4% from 3Q 2025). Net income: JP¥112.0m (up 120% from 3Q 2025). Profit margin: 11% (up from 5.4% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • Jan 09Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.6% to JP¥794. The fair value is estimated to be JP¥996, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has declined by 34%.Buy Or Sell Opportunity • Dec 24Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.4% to JP¥789. The fair value is estimated to be JP¥992, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has declined by 34%.最新情報をもっと見るRecent updatesReported Earnings • May 19Full year 2026 earnings released: EPS: JP¥42.76 (vs JP¥12.70 in FY 2025)Full year 2026 results: EPS: JP¥42.76 (up from JP¥12.70 in FY 2025). Revenue: JP¥3.90b (up 5.5% from FY 2025). Net income: JP¥302.0m (up 232% from FY 2025). Profit margin: 7.8% (up from 2.5% in FY 2025). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • May 14+ 1 more updateCommerce One Holdings Inc., Annual General Meeting, Jun 25, 2026Commerce One Holdings Inc., Annual General Meeting, Jun 25, 2026.Upcoming Dividend • Mar 23Upcoming dividend of JP¥11.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.3%).Reported Earnings • Feb 16Third quarter 2026 earnings released: EPS: JP¥15.89 (vs JP¥7.11 in 3Q 2025)Third quarter 2026 results: EPS: JP¥15.89 (up from JP¥7.11 in 3Q 2025). Revenue: JP¥1.01b (up 8.4% from 3Q 2025). Net income: JP¥112.0m (up 120% from 3Q 2025). Profit margin: 11% (up from 5.4% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • Jan 09Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.6% to JP¥794. The fair value is estimated to be JP¥996, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has declined by 34%.Buy Or Sell Opportunity • Dec 24Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.4% to JP¥789. The fair value is estimated to be JP¥992, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has declined by 34%.Declared Dividend • Dec 09First half dividend of JP¥11.00 announcedShareholders will receive a dividend of JP¥11.00. Ex-date: 30th March 2026 Payment date: 25th June 2026 Dividend yield will be 2.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (83% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 25% per year over the past 2 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 7.5% to shift the payout ratio to a potentially unsustainable range, which is less than the 11% EPS decline seen over the last 5 years.お知らせ • Nov 29Commerce One Holdings Inc. to Report Q3, 2026 Results on Feb 13, 2026Commerce One Holdings Inc. announced that they will report Q3, 2026 results on Feb 13, 2026分析記事 • Nov 21There May Be Reason For Hope In Commerce One Holdings' (TSE:4496) Disappointing EarningsShareholders appeared unconcerned with Commerce One Holdings Inc.'s ( TSE:4496 ) lackluster earnings report last week...Reported Earnings • Nov 20Second quarter 2026 earnings released: EPS: JP¥9.04 (vs JP¥5.07 in 2Q 2025)Second quarter 2026 results: EPS: JP¥9.04 (up from JP¥5.07 in 2Q 2025). Revenue: JP¥999.0m (up 8.9% from 2Q 2025). Net income: JP¥63.9m (up 76% from 2Q 2025). Profit margin: 6.4% (up from 4.0% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.お知らせ • Nov 14Commerce One Holdings Inc. (TSE:4496) announces an Equity Buyback for 50,000 shares, representing 0.71% for ¥45 million.Commerce One Holdings Inc. (TSE:4496) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 0.71% of its issued share capital, for ¥45 million. The purpose of the buyback is to flexibly acquire shares based on the financial strategy in the medium-term management plan, considering strategic investment opportunities, financial situation, and share price level. The program will be expire on May 14, 2026. As of November 14, 2025, the company had 7,049,451 shares issued excluding treasury shares and 143,949 treasury shares.お知らせ • Sep 12Commerce One Holdings Inc. (TSE:4496) announces an Equity Buyback for 50,000 shares, representing 0.71% for ¥45 million.Commerce One Holdings Inc. (TSE:4496) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 0.71% of its issued share capital, for ¥45 million. The purpose of the buyback is to flexibly acquire shares based on the financial strategy in the medium-term management plan, considering strategic investment opportunities, financial situation, and share price level. The program will be expire on November 13, 2025. As of March 31, 2025, the company had 7,064,151 shares issued excluding treasury shares and 129,249 treasury shares.お知らせ • Sep 03Commerce One Holdings Inc. to Report Q2, 2026 Results on Nov 14, 2025Commerce One Holdings Inc. announced that they will report Q2, 2026 results on Nov 14, 2025Reported Earnings • Aug 16First quarter 2026 earnings released: EPS: JP¥13.09 (vs JP¥5.64 in 1Q 2025)First quarter 2026 results: EPS: JP¥13.09 (up from JP¥5.64 in 1Q 2025). Revenue: JP¥910.0m (up 1.2% from 1Q 2025). Net income: JP¥93.0m (up 129% from 1Q 2025). Profit margin: 10% (up from 4.5% in 1Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Declared Dividend • Jul 09Final dividend of JP¥10.00 announcedShareholders will receive a dividend of JP¥10.00. Ex-date: 29th September 2025 Payment date: 9th December 2025 Dividend yield will be 2.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (68% earnings payout ratio) but not covered by cash flows (dividend approximately 8x free cash flows). The dividend has increased by an average of 445% per year over the past 2 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 24% to shift the payout ratio to a potentially unsustainable range, which is more than the 21% EPS decline seen over the last 5 years.New Risk • Jun 02New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 157% Dividend yield: 2.7% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.0% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (157% payout ratio). Profit margins are more than 30% lower than last year (2.5% net profit margin). Market cap is less than US$100m (JP¥5.64b market cap, or US$39.3m).お知らせ • May 31Commerce One Holdings Inc. to Report Q1, 2026 Results on Aug 14, 2025Commerce One Holdings Inc. announced that they will report Q1, 2026 results on Aug 14, 2025Reported Earnings • May 20Full year 2025 earnings released: EPS: JP¥12.70 (vs JP¥57.41 in FY 2024)Full year 2025 results: EPS: JP¥12.70 (down from JP¥57.41 in FY 2024). Revenue: JP¥3.69b (up 3.8% from FY 2024). Net income: JP¥91.0m (down 78% from FY 2024). Profit margin: 2.5% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.お知らせ • May 14+ 1 more updateCommerce One Holdings Inc., Annual General Meeting, Jun 24, 2025Commerce One Holdings Inc., Annual General Meeting, Jun 24, 2025.お知らせ • Apr 15Commerce One Holdings Inc. (TSE:4496) announces an Equity Buyback for 100,000 shares, representing 1.41% for ¥85 million.Commerce One Holdings Inc. (TSE:4496) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 1.41% of its issued share capital, for ¥85 million. The purpose of the buyback is to flexibly acquire shares based on the financial strategy in the medium-term management plan, considering strategic investment opportunities, financial situation, and share price level. The program will be expire on September 12, 2025. As of March 31, 2025, the company had 7,117,051 shares issued excluding treasury shares and 76,349 treasury shares.Upcoming Dividend • Mar 21Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%).お知らせ • Mar 01Commerce One Holdings Inc. to Report Fiscal Year 2025 Results on May 14, 2025Commerce One Holdings Inc. announced that they will report fiscal year 2025 results on May 14, 2025分析記事 • Feb 21Commerce One Holdings' (TSE:4496) Soft Earnings Are Actually Better Than They AppearSoft earnings didn't appear to concern Commerce One Holdings Inc.'s ( TSE:4496 ) shareholders over the last week. Our...Reported Earnings • Feb 16Third quarter 2025 earnings released: EPS: JP¥7.13 (vs JP¥17.93 in 3Q 2024)Third quarter 2025 results: EPS: JP¥7.13 (down from JP¥17.93 in 3Q 2024). Revenue: JP¥936.0m (up 5.5% from 3Q 2024). Net income: JP¥51.0m (down 61% from 3Q 2024). Profit margin: 5.4% (down from 14% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Declared Dividend • Dec 10First half dividend of JP¥10.00 announcedShareholders will receive a dividend of JP¥10.00. Ex-date: 28th March 2025 Payment date: 26th June 2025 Dividend yield will be 2.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (26% earnings payout ratio) and cash flows (69% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.お知らせ • Dec 06Commerce One Holdings Inc. to Report Q3, 2025 Results on Feb 14, 2025Commerce One Holdings Inc. announced that they will report Q3, 2025 results on Feb 14, 2025Reported Earnings • Nov 19Second quarter 2025 earnings released: EPS: JP¥5.07 (vs JP¥15.29 in 2Q 2024)Second quarter 2025 results: EPS: JP¥5.07 (down from JP¥15.29 in 2Q 2024). Revenue: JP¥917.0m (up 4.7% from 2Q 2024). Net income: JP¥36.4m (down 67% from 2Q 2024). Profit margin: 4.0% (down from 13% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings.お知らせ • Nov 14Commerce One Holdings Inc. (TSE:4496) announces an Equity Buyback for 100,000 shares, representing 1.4% for ¥75 million.Commerce One Holdings Inc. (TSE:4496) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 1.4% of its issued share capital, for ¥75 million. The purpose of the buyback is to flexibly acquire shares based on the financial strategy in the medium-term management plan, considering strategic investment opportunities, financial situation, and share price level. The program will be expire on March 31, 2025. As of November 14, 2024, the company had 7,163,351 shares issued excluding treasury shares and 30,049 treasury shares.Upcoming Dividend • Sep 20Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.2%).お知らせ • Aug 27Commerce One Holdings Inc. to Report Q2, 2025 Results on Nov 14, 2024Commerce One Holdings Inc. announced that they will report Q2, 2025 results on Nov 14, 2024Reported Earnings • Aug 19First quarter 2025 earnings released: EPS: JP¥5.64 (vs JP¥11.15 in 1Q 2024)First quarter 2025 results: EPS: JP¥5.64 (down from JP¥11.15 in 1Q 2024). Revenue: JP¥899.0m (up 3.9% from 1Q 2024). Net income: JP¥40.6m (down 50% from 1Q 2024). Profit margin: 4.5% (down from 9.4% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.お知らせ • Aug 15Commerce One Holdings Inc. (TSE:4496) announces an Equity Buyback for 100,000 shares, representing 1.39% for ¥75 million.Commerce One Holdings Inc. (TSE:4496) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 1.39% of its share capital, for ¥75 million. The program will expire on November 8, 2024. As of August 14, 2024, the company had 7,193,351 shares in issue (excluding treasury stock) and 49 shares in treasury.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 6.1% 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 Short dividend paying track record (1 year of continuous dividend payments). Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (JP¥4.56b market cap, or US$32.0m).Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥634, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 20x in the Software industry in Japan. Total loss to shareholders of 67% over the past three years.お知らせ • Jun 02Commerce One Holdings Inc. to Report Q1, 2025 Results on Aug 14, 2024Commerce One Holdings Inc. announced that they will report Q1, 2025 results on Aug 14, 2024分析記事 • May 22Commerce One Holdings' (TSE:4496) Conservative Accounting Might Explain Soft EarningsThe most recent earnings report from Commerce One Holdings Inc. ( TSE:4496 ) was disappointing for shareholders...Reported Earnings • May 20Full year 2024 earnings released: EPS: JP¥57.41 (vs JP¥58.73 in FY 2023)Full year 2024 results: EPS: JP¥57.41 (down from JP¥58.73 in FY 2023). Revenue: JP¥3.56b (up 11% from FY 2023). Net income: JP¥414.0m (down 6.1% from FY 2023). Profit margin: 12% (down from 14% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.お知らせ • May 17Commerce One Holdings Inc., Annual General Meeting, Jun 25, 2024Commerce One Holdings Inc., Annual General Meeting, Jun 25, 2024.お知らせ • Mar 28Commerce One Holdings Inc. to Report Fiscal Year 2024 Results on May 15, 2024Commerce One Holdings Inc. announced that they will report fiscal year 2024 results on May 15, 2024Reported Earnings • Feb 17Third quarter 2024 earnings released: EPS: JP¥17.93 (vs JP¥10.10 in 3Q 2023)Third quarter 2024 results: EPS: JP¥17.93 (up from JP¥10.10 in 3Q 2023). Revenue: JP¥887.0m (up 13% from 3Q 2023). Net income: JP¥129.0m (up 70% from 3Q 2023). Profit margin: 14% (up from 9.7% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings.お知らせ • Dec 28Commerce One Holdings Inc. to Report Q3, 2024 Results on Feb 14, 2024Commerce One Holdings Inc. announced that they will report Q3, 2024 results on Feb 14, 2024Reported Earnings • Nov 20Second quarter 2024 earnings released: EPS: JP¥15.29 (vs JP¥15.02 in 2Q 2023)Second quarter 2024 results: EPS: JP¥15.29. Revenue: JP¥876.0m (up 11% from 2Q 2023). Net income: JP¥110.0m (down 2.7% from 2Q 2023). Profit margin: 13% (down from 14% in 2Q 2023). The decrease in margin was driven by higher expenses.お知らせ • Sep 28Commerce One Holdings Inc. to Report Q2, 2024 Results on Nov 14, 2023Commerce One Holdings Inc. announced that they will report Q2, 2024 results on Nov 14, 2023Valuation Update With 7 Day Price Move • Sep 20Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥736, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 24x in the Software industry in Japan. Total loss to shareholders of 80% over the past three years.Reported Earnings • Aug 16First quarter 2024 earnings released: EPS: JP¥11.15 (vs JP¥13.82 in 1Q 2023)First quarter 2024 results: EPS: JP¥11.15 (down from JP¥13.82 in 1Q 2023). Revenue: JP¥865.0m (up 14% from 1Q 2023). Net income: JP¥81.0m (down 22% from 1Q 2023). Profit margin: 9.4% (down from 14% in 1Q 2023). The decrease in margin was driven by higher expenses.お知らせ • May 28Commerce One Holdings Inc. to Report Q1, 2024 Results on Aug 14, 2023Commerce One Holdings Inc. announced that they will report Q1, 2024 results on Aug 14, 2023Buying Opportunity • May 16Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be JP¥847, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 14%.Reported Earnings • Feb 16Third quarter 2023 earnings released: EPS: JP¥10.10 (vs JP¥14.62 in 3Q 2022)Third quarter 2023 results: EPS: JP¥10.10 (down from JP¥14.62 in 3Q 2022). Revenue: JP¥787.0m (up 6.5% from 3Q 2022). Net income: JP¥76.0m (down 31% from 3Q 2022). Profit margin: 9.7% (down from 15% in 3Q 2022). The decrease in margin was driven by higher expenses.お知らせ • Feb 15Commerce One Holdings Inc. (TSE:4496) announces an Equity Buyback for 330,000 shares, representing 4.39% for ¥250 million.Commerce One Holdings Inc. (TSE:4496) announces a share repurchase program. Under the program, the company will repurchase up to 330,000 shares, representing 4.39% of its share capital, for ¥250 million. The purpose of the program is to enhance shareholder returns, improve capital efficiency, and implement flexible capital policies. The program will expire on July 31, 2023. As of February 14, 2023, the company had 7,523,351 shares in issue (excluding treasury stock) and 49 shares in treasury.お知らせ • Dec 02Commerce One Holdings Inc. (TSE:4496) completed the acquisition of SAMURAI TECHNOLOGY Co., Ltd. from Masaharu Otake.Commerce One Holdings Inc. (TSE:4496) agreed to acquire SAMURAI TECHNOLOGY Co., Ltd. from Masaharu Otake on November 15, 2022. For the period ended December, 2021, SAMURAI TECHNOLOGY reported net assets of ¥180 million, total assets of ¥200 million, sales of ¥190 million, EBIT of ¥11.62 million, net income of ¥6.32 million. The transaction is expected to complete on November 30, 2022. Commerce One Holdings Inc. (TSE:4496) completed the acquisition of SAMURAI TECHNOLOGY Co., Ltd. from Masaharu Otake on November 30, 2022.お知らせ • Nov 27Commerce One Holdings Inc. to Report Q3, 2023 Results on Feb 14, 2023Commerce One Holdings Inc. announced that they will report Q3, 2023 results on Feb 14, 2023お知らせ • Nov 17Commerce One Holdings Inc. (TSE:4496) agreed to acquire SAMURAI TECHNOLOGY Co., Ltd. from Masaharu Otake.Commerce One Holdings Inc. (TSE:4496) agreed to acquire SAMURAI TECHNOLOGY Co., Ltd. from Masaharu Otake on November 15, 2022. For the period ended December, 2021, SAMURAI TECHNOLOGY reported net assets of ¥180 million, total assets of ¥200 million, sales of ¥190 million, EBIT of ¥11.62 million, net income of ¥6.32 million. The transaction is expected to complete on November 30, 2022.Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥15.02 (vs JP¥19.27 in 2Q 2022)Second quarter 2023 results: EPS: JP¥15.02 (down from JP¥19.27 in 2Q 2022). Revenue: JP¥789.0m (up 8.4% from 2Q 2022). Net income: JP¥113.0m (down 22% from 2Q 2022). Profit margin: 14% (down from 20% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Software industry in Japan.Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Yuko Hoshino was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improved over the past weekAfter last week's 21% share price gain to JP¥947, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 23x in the Software industry in Japan. Total loss to shareholders of 39% over the past year.お知らせ • Aug 28Commerce One Holdings Inc. to Report Q2, 2023 Results on Nov 14, 2022Commerce One Holdings Inc. announced that they will report Q2, 2023 results on Nov 14, 2022Reported Earnings • Aug 14First quarter 2023 earnings released: EPS: JP¥13.82 (vs JP¥14.49 in 1Q 2022)First quarter 2023 results: EPS: JP¥13.82 (down from JP¥14.49 in 1Q 2022). Revenue: JP¥761.0m (up 7.6% from 1Q 2022). Net income: JP¥104.0m (down 4.6% from 1Q 2022). Profit margin: 14% (down from 15% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 14%, compared to a 14% growth forecast for the industry in Japan.お知らせ • May 29Commerce One Holdings Inc. to Report Q1, 2023 Results on Aug 12, 2022Commerce One Holdings Inc. announced that they will report Q1, 2023 results on Aug 12, 2022お知らせ • May 18Commerce One Holdings Inc., Annual General Meeting, Jun 28, 2022Commerce One Holdings Inc., Annual General Meeting, Jun 28, 2022.Valuation Update With 7 Day Price Move • May 18Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to JP¥951, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 23x in the Software industry in Japan. Total loss to shareholders of 59% over the past year.Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Yuko Hoshino was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 08Commerce One Holdings Inc. to Report Fiscal Year 2022 Results on May 13, 2022Commerce One Holdings Inc. announced that they will report fiscal year 2022 results on May 13, 2022Buying Opportunity • Apr 06Now 21% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be JP¥1,736, 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 18%. Revenue is forecast to grow by 27% in 2 years. Earnings is forecast to grow by 21% in the next 2 years.Valuation Update With 7 Day Price Move • Feb 17Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to JP¥1,096, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 20x in the Software industry in Japan. Total loss to shareholders of 66% over the past year.Buying Opportunity • Feb 03Now 26% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be JP¥1,809, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last year. Earnings per share has grown by 46% over the last year.お知らせ • Jan 22Commerce One Holdings Common Stock to Be Deleted from Other OTCCommerce One Holdings Inc.'s Common Stock will be deleted from other OTC effective from January 24, 2022 due to Inactive Security.Valuation Update With 7 Day Price Move • Dec 23Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥1,497, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 26x in the Software industry in Japan. Total loss to shareholders of 52% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,406 per share.Valuation Update With 7 Day Price Move • Nov 22Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to JP¥1,589, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 26x in the Software industry in Japan. Total loss to shareholders of 44% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,417 per share.Reported Earnings • Nov 15Second quarter 2022 earnings released: EPS JP¥19.27 (vs JP¥11.83 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥728.0m (up 14% from 2Q 2021). Net income: JP¥145.0m (up 63% from 2Q 2021). Profit margin: 20% (up from 14% in 2Q 2021). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Sep 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥2,148, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 31x in the Software industry in Japan. Total loss to shareholders of 39% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,358 per share.Valuation Update With 7 Day Price Move • May 20Investor sentiment improved over the past weekAfter last week's 19% share price gain to JP¥2,320, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 29x in the Software industry in Japan. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,336 per share.お知らせ • Mar 04Commerce One Holdings Inc. to Report Fiscal Year 2021 Results on May 14, 2021Commerce One Holdings Inc. announced that they will report fiscal year 2021 results on May 14, 2021Is New 90 Day High Low • Feb 28New 90-day low: JP¥5,690The company is down 1.0% from its price of JP¥5,750 on 30 November 2020. The Japanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥2,155 per share.Is New 90 Day High Low • Jan 25New 90-day high: JP¥7,250The company is up 8.0% from its price of JP¥6,690 on 27 October 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥2,576 per share.お知らせ • Aug 09+ 2 more updatesCommerce One Holdings Inc. to Report Q2, 2021 Results on Nov 13, 2020Commerce One Holdings Inc. announced that they will report Q2, 2021 results on Nov 13, 2020株主還元4496JP SoftwareJP 市場7D-1.7%4.3%3.4%1Y-12.7%-23.8%43.2%株主還元を見る業界別リターン: 4496過去 1 年間で-23.8 % の収益を上げたJP Software業界を上回りました。リターン対市場: 4496は、過去 1 年間で43.2 % のリターンを上げたJP市場を下回りました。価格変動Is 4496's price volatile compared to industry and market?4496 volatility4496 Average Weekly Movement2.7%Software Industry Average Movement6.1%Market Average Movement5.0%10% most volatile stocks in JP Market9.7%10% least volatile stocks in JP Market2.5%安定した株価: 4496 、 JP市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 4496の 週次ボラティリティ ( 3% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト2006177Takaaki Okamotowww.cm-one.jpコマースワンホールディングス株式会社は、eコマース事業者が日本で事業を開始・運営するためのソリューションを提供している。コマースクリエイターを含むSaaS型ECプラットフォーム「futureshop」を提供している。また、複数のECショップの受注・在庫を一元管理できるパッケージソフトも提供している。また、自社開発のEC受注状況速報閲覧ツール「ECnote」、データベース関連の課題を解決するミドルソフト「Fast Connector」、ECサイト、SNS、広告、Webメディアなど様々なプラットフォーム向けに動画・静止画クリエイティブを提供するソリューション「CREAD」を提供している。さらに、インフルエンサーマーケティングやソーシャルコマースサービスも提供している。コマースワンホールディングスは2006年に設立され、千代田区に本社を置いている。もっと見るCommerce One Holdings Inc. 基礎のまとめCommerce One Holdings の収益と売上を時価総額と比較するとどうか。4496 基礎統計学時価総額JP¥4.86b収益（TTM）JP¥302.00m売上高(TTM)JP¥3.90b16.3xPER（株価収益率1.3xP/Sレシオ4496 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計4496 損益計算書（TTM）収益JP¥3.90b売上原価JP¥1.76b売上総利益JP¥2.13bその他の費用JP¥1.83b収益JP¥302.00m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）42.91グロス・マージン54.79%純利益率7.75%有利子負債／自己資本比率1.9%4496 の長期的なパフォーマンスは？過去の実績と比較を見る配当金3.1%現在の配当利回り61%配当性向4496 配当は確実ですか？4496 配当履歴とベンチマークを見る4496 、いつまでに購入すれば配当金を受け取れますか？Commerce One Holdings 配当日配当落ち日Mar 30 2026配当支払日Jun 26 2026配当落ちまでの日数58 days配当支払日までの日数30 days4496 配当は確実ですか？4496 配当履歴とベンチマークを見るView Valuation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2026/05/26 13:41終値2026/05/26 00:00収益2026/03/31年間収益2026/03/31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Commerce One Holdings 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。3 アナリスト機関Makoto UenoDaiwa Securities Co. Ltd.null nullStorm Research LimitedNobuyuki TakagiThe Stock Research Center
Reported Earnings • May 19Full year 2026 earnings released: EPS: JP¥42.76 (vs JP¥12.70 in FY 2025)Full year 2026 results: EPS: JP¥42.76 (up from JP¥12.70 in FY 2025). Revenue: JP¥3.90b (up 5.5% from FY 2025). Net income: JP¥302.0m (up 232% from FY 2025). Profit margin: 7.8% (up from 2.5% in FY 2025). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • May 14+ 1 more updateCommerce One Holdings Inc., Annual General Meeting, Jun 25, 2026Commerce One Holdings Inc., Annual General Meeting, Jun 25, 2026.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥11.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.3%).
Reported Earnings • Feb 16Third quarter 2026 earnings released: EPS: JP¥15.89 (vs JP¥7.11 in 3Q 2025)Third quarter 2026 results: EPS: JP¥15.89 (up from JP¥7.11 in 3Q 2025). Revenue: JP¥1.01b (up 8.4% from 3Q 2025). Net income: JP¥112.0m (up 120% from 3Q 2025). Profit margin: 11% (up from 5.4% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • Jan 09Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.6% to JP¥794. The fair value is estimated to be JP¥996, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has declined by 34%.
Buy Or Sell Opportunity • Dec 24Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.4% to JP¥789. The fair value is estimated to be JP¥992, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has declined by 34%.
Reported Earnings • May 19Full year 2026 earnings released: EPS: JP¥42.76 (vs JP¥12.70 in FY 2025)Full year 2026 results: EPS: JP¥42.76 (up from JP¥12.70 in FY 2025). Revenue: JP¥3.90b (up 5.5% from FY 2025). Net income: JP¥302.0m (up 232% from FY 2025). Profit margin: 7.8% (up from 2.5% in FY 2025). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • May 14+ 1 more updateCommerce One Holdings Inc., Annual General Meeting, Jun 25, 2026Commerce One Holdings Inc., Annual General Meeting, Jun 25, 2026.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥11.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.3%).
Reported Earnings • Feb 16Third quarter 2026 earnings released: EPS: JP¥15.89 (vs JP¥7.11 in 3Q 2025)Third quarter 2026 results: EPS: JP¥15.89 (up from JP¥7.11 in 3Q 2025). Revenue: JP¥1.01b (up 8.4% from 3Q 2025). Net income: JP¥112.0m (up 120% from 3Q 2025). Profit margin: 11% (up from 5.4% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • Jan 09Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.6% to JP¥794. The fair value is estimated to be JP¥996, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has declined by 34%.
Buy Or Sell Opportunity • Dec 24Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.4% to JP¥789. The fair value is estimated to be JP¥992, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has declined by 34%.
Declared Dividend • Dec 09First half dividend of JP¥11.00 announcedShareholders will receive a dividend of JP¥11.00. Ex-date: 30th March 2026 Payment date: 25th June 2026 Dividend yield will be 2.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (83% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 25% per year over the past 2 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 7.5% to shift the payout ratio to a potentially unsustainable range, which is less than the 11% EPS decline seen over the last 5 years.
お知らせ • Nov 29Commerce One Holdings Inc. to Report Q3, 2026 Results on Feb 13, 2026Commerce One Holdings Inc. announced that they will report Q3, 2026 results on Feb 13, 2026
分析記事 • Nov 21There May Be Reason For Hope In Commerce One Holdings' (TSE:4496) Disappointing EarningsShareholders appeared unconcerned with Commerce One Holdings Inc.'s ( TSE:4496 ) lackluster earnings report last week...
Reported Earnings • Nov 20Second quarter 2026 earnings released: EPS: JP¥9.04 (vs JP¥5.07 in 2Q 2025)Second quarter 2026 results: EPS: JP¥9.04 (up from JP¥5.07 in 2Q 2025). Revenue: JP¥999.0m (up 8.9% from 2Q 2025). Net income: JP¥63.9m (up 76% from 2Q 2025). Profit margin: 6.4% (up from 4.0% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 14Commerce One Holdings Inc. (TSE:4496) announces an Equity Buyback for 50,000 shares, representing 0.71% for ¥45 million.Commerce One Holdings Inc. (TSE:4496) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 0.71% of its issued share capital, for ¥45 million. The purpose of the buyback is to flexibly acquire shares based on the financial strategy in the medium-term management plan, considering strategic investment opportunities, financial situation, and share price level. The program will be expire on May 14, 2026. As of November 14, 2025, the company had 7,049,451 shares issued excluding treasury shares and 143,949 treasury shares.
お知らせ • Sep 12Commerce One Holdings Inc. (TSE:4496) announces an Equity Buyback for 50,000 shares, representing 0.71% for ¥45 million.Commerce One Holdings Inc. (TSE:4496) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 0.71% of its issued share capital, for ¥45 million. The purpose of the buyback is to flexibly acquire shares based on the financial strategy in the medium-term management plan, considering strategic investment opportunities, financial situation, and share price level. The program will be expire on November 13, 2025. As of March 31, 2025, the company had 7,064,151 shares issued excluding treasury shares and 129,249 treasury shares.
お知らせ • Sep 03Commerce One Holdings Inc. to Report Q2, 2026 Results on Nov 14, 2025Commerce One Holdings Inc. announced that they will report Q2, 2026 results on Nov 14, 2025
Reported Earnings • Aug 16First quarter 2026 earnings released: EPS: JP¥13.09 (vs JP¥5.64 in 1Q 2025)First quarter 2026 results: EPS: JP¥13.09 (up from JP¥5.64 in 1Q 2025). Revenue: JP¥910.0m (up 1.2% from 1Q 2025). Net income: JP¥93.0m (up 129% from 1Q 2025). Profit margin: 10% (up from 4.5% in 1Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Declared Dividend • Jul 09Final dividend of JP¥10.00 announcedShareholders will receive a dividend of JP¥10.00. Ex-date: 29th September 2025 Payment date: 9th December 2025 Dividend yield will be 2.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (68% earnings payout ratio) but not covered by cash flows (dividend approximately 8x free cash flows). The dividend has increased by an average of 445% per year over the past 2 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 24% to shift the payout ratio to a potentially unsustainable range, which is more than the 21% EPS decline seen over the last 5 years.
New Risk • Jun 02New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 157% Dividend yield: 2.7% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.0% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (157% payout ratio). Profit margins are more than 30% lower than last year (2.5% net profit margin). Market cap is less than US$100m (JP¥5.64b market cap, or US$39.3m).
お知らせ • May 31Commerce One Holdings Inc. to Report Q1, 2026 Results on Aug 14, 2025Commerce One Holdings Inc. announced that they will report Q1, 2026 results on Aug 14, 2025
Reported Earnings • May 20Full year 2025 earnings released: EPS: JP¥12.70 (vs JP¥57.41 in FY 2024)Full year 2025 results: EPS: JP¥12.70 (down from JP¥57.41 in FY 2024). Revenue: JP¥3.69b (up 3.8% from FY 2024). Net income: JP¥91.0m (down 78% from FY 2024). Profit margin: 2.5% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
お知らせ • May 14+ 1 more updateCommerce One Holdings Inc., Annual General Meeting, Jun 24, 2025Commerce One Holdings Inc., Annual General Meeting, Jun 24, 2025.
お知らせ • Apr 15Commerce One Holdings Inc. (TSE:4496) announces an Equity Buyback for 100,000 shares, representing 1.41% for ¥85 million.Commerce One Holdings Inc. (TSE:4496) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 1.41% of its issued share capital, for ¥85 million. The purpose of the buyback is to flexibly acquire shares based on the financial strategy in the medium-term management plan, considering strategic investment opportunities, financial situation, and share price level. The program will be expire on September 12, 2025. As of March 31, 2025, the company had 7,117,051 shares issued excluding treasury shares and 76,349 treasury shares.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%).
お知らせ • Mar 01Commerce One Holdings Inc. to Report Fiscal Year 2025 Results on May 14, 2025Commerce One Holdings Inc. announced that they will report fiscal year 2025 results on May 14, 2025
分析記事 • Feb 21Commerce One Holdings' (TSE:4496) Soft Earnings Are Actually Better Than They AppearSoft earnings didn't appear to concern Commerce One Holdings Inc.'s ( TSE:4496 ) shareholders over the last week. Our...
Reported Earnings • Feb 16Third quarter 2025 earnings released: EPS: JP¥7.13 (vs JP¥17.93 in 3Q 2024)Third quarter 2025 results: EPS: JP¥7.13 (down from JP¥17.93 in 3Q 2024). Revenue: JP¥936.0m (up 5.5% from 3Q 2024). Net income: JP¥51.0m (down 61% from 3Q 2024). Profit margin: 5.4% (down from 14% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Declared Dividend • Dec 10First half dividend of JP¥10.00 announcedShareholders will receive a dividend of JP¥10.00. Ex-date: 28th March 2025 Payment date: 26th June 2025 Dividend yield will be 2.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (26% earnings payout ratio) and cash flows (69% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
お知らせ • Dec 06Commerce One Holdings Inc. to Report Q3, 2025 Results on Feb 14, 2025Commerce One Holdings Inc. announced that they will report Q3, 2025 results on Feb 14, 2025
Reported Earnings • Nov 19Second quarter 2025 earnings released: EPS: JP¥5.07 (vs JP¥15.29 in 2Q 2024)Second quarter 2025 results: EPS: JP¥5.07 (down from JP¥15.29 in 2Q 2024). Revenue: JP¥917.0m (up 4.7% from 2Q 2024). Net income: JP¥36.4m (down 67% from 2Q 2024). Profit margin: 4.0% (down from 13% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings.
お知らせ • Nov 14Commerce One Holdings Inc. (TSE:4496) announces an Equity Buyback for 100,000 shares, representing 1.4% for ¥75 million.Commerce One Holdings Inc. (TSE:4496) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 1.4% of its issued share capital, for ¥75 million. The purpose of the buyback is to flexibly acquire shares based on the financial strategy in the medium-term management plan, considering strategic investment opportunities, financial situation, and share price level. The program will be expire on March 31, 2025. As of November 14, 2024, the company had 7,163,351 shares issued excluding treasury shares and 30,049 treasury shares.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.2%).
お知らせ • Aug 27Commerce One Holdings Inc. to Report Q2, 2025 Results on Nov 14, 2024Commerce One Holdings Inc. announced that they will report Q2, 2025 results on Nov 14, 2024
Reported Earnings • Aug 19First quarter 2025 earnings released: EPS: JP¥5.64 (vs JP¥11.15 in 1Q 2024)First quarter 2025 results: EPS: JP¥5.64 (down from JP¥11.15 in 1Q 2024). Revenue: JP¥899.0m (up 3.9% from 1Q 2024). Net income: JP¥40.6m (down 50% from 1Q 2024). Profit margin: 4.5% (down from 9.4% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.
お知らせ • Aug 15Commerce One Holdings Inc. (TSE:4496) announces an Equity Buyback for 100,000 shares, representing 1.39% for ¥75 million.Commerce One Holdings Inc. (TSE:4496) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 1.39% of its share capital, for ¥75 million. The program will expire on November 8, 2024. As of August 14, 2024, the company had 7,193,351 shares in issue (excluding treasury stock) and 49 shares in treasury.
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 6.1% 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 Short dividend paying track record (1 year of continuous dividend payments). Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (JP¥4.56b market cap, or US$32.0m).
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥634, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 20x in the Software industry in Japan. Total loss to shareholders of 67% over the past three years.
お知らせ • Jun 02Commerce One Holdings Inc. to Report Q1, 2025 Results on Aug 14, 2024Commerce One Holdings Inc. announced that they will report Q1, 2025 results on Aug 14, 2024
分析記事 • May 22Commerce One Holdings' (TSE:4496) Conservative Accounting Might Explain Soft EarningsThe most recent earnings report from Commerce One Holdings Inc. ( TSE:4496 ) was disappointing for shareholders...
Reported Earnings • May 20Full year 2024 earnings released: EPS: JP¥57.41 (vs JP¥58.73 in FY 2023)Full year 2024 results: EPS: JP¥57.41 (down from JP¥58.73 in FY 2023). Revenue: JP¥3.56b (up 11% from FY 2023). Net income: JP¥414.0m (down 6.1% from FY 2023). Profit margin: 12% (down from 14% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.
お知らせ • May 17Commerce One Holdings Inc., Annual General Meeting, Jun 25, 2024Commerce One Holdings Inc., Annual General Meeting, Jun 25, 2024.
お知らせ • Mar 28Commerce One Holdings Inc. to Report Fiscal Year 2024 Results on May 15, 2024Commerce One Holdings Inc. announced that they will report fiscal year 2024 results on May 15, 2024
Reported Earnings • Feb 17Third quarter 2024 earnings released: EPS: JP¥17.93 (vs JP¥10.10 in 3Q 2023)Third quarter 2024 results: EPS: JP¥17.93 (up from JP¥10.10 in 3Q 2023). Revenue: JP¥887.0m (up 13% from 3Q 2023). Net income: JP¥129.0m (up 70% from 3Q 2023). Profit margin: 14% (up from 9.7% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings.
お知らせ • Dec 28Commerce One Holdings Inc. to Report Q3, 2024 Results on Feb 14, 2024Commerce One Holdings Inc. announced that they will report Q3, 2024 results on Feb 14, 2024
Reported Earnings • Nov 20Second quarter 2024 earnings released: EPS: JP¥15.29 (vs JP¥15.02 in 2Q 2023)Second quarter 2024 results: EPS: JP¥15.29. Revenue: JP¥876.0m (up 11% from 2Q 2023). Net income: JP¥110.0m (down 2.7% from 2Q 2023). Profit margin: 13% (down from 14% in 2Q 2023). The decrease in margin was driven by higher expenses.
お知らせ • Sep 28Commerce One Holdings Inc. to Report Q2, 2024 Results on Nov 14, 2023Commerce One Holdings Inc. announced that they will report Q2, 2024 results on Nov 14, 2023
Valuation Update With 7 Day Price Move • Sep 20Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥736, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 24x in the Software industry in Japan. Total loss to shareholders of 80% over the past three years.
Reported Earnings • Aug 16First quarter 2024 earnings released: EPS: JP¥11.15 (vs JP¥13.82 in 1Q 2023)First quarter 2024 results: EPS: JP¥11.15 (down from JP¥13.82 in 1Q 2023). Revenue: JP¥865.0m (up 14% from 1Q 2023). Net income: JP¥81.0m (down 22% from 1Q 2023). Profit margin: 9.4% (down from 14% in 1Q 2023). The decrease in margin was driven by higher expenses.
お知らせ • May 28Commerce One Holdings Inc. to Report Q1, 2024 Results on Aug 14, 2023Commerce One Holdings Inc. announced that they will report Q1, 2024 results on Aug 14, 2023
Buying Opportunity • May 16Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be JP¥847, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 14%.
Reported Earnings • Feb 16Third quarter 2023 earnings released: EPS: JP¥10.10 (vs JP¥14.62 in 3Q 2022)Third quarter 2023 results: EPS: JP¥10.10 (down from JP¥14.62 in 3Q 2022). Revenue: JP¥787.0m (up 6.5% from 3Q 2022). Net income: JP¥76.0m (down 31% from 3Q 2022). Profit margin: 9.7% (down from 15% in 3Q 2022). The decrease in margin was driven by higher expenses.
お知らせ • Feb 15Commerce One Holdings Inc. (TSE:4496) announces an Equity Buyback for 330,000 shares, representing 4.39% for ¥250 million.Commerce One Holdings Inc. (TSE:4496) announces a share repurchase program. Under the program, the company will repurchase up to 330,000 shares, representing 4.39% of its share capital, for ¥250 million. The purpose of the program is to enhance shareholder returns, improve capital efficiency, and implement flexible capital policies. The program will expire on July 31, 2023. As of February 14, 2023, the company had 7,523,351 shares in issue (excluding treasury stock) and 49 shares in treasury.
お知らせ • Dec 02Commerce One Holdings Inc. (TSE:4496) completed the acquisition of SAMURAI TECHNOLOGY Co., Ltd. from Masaharu Otake.Commerce One Holdings Inc. (TSE:4496) agreed to acquire SAMURAI TECHNOLOGY Co., Ltd. from Masaharu Otake on November 15, 2022. For the period ended December, 2021, SAMURAI TECHNOLOGY reported net assets of ¥180 million, total assets of ¥200 million, sales of ¥190 million, EBIT of ¥11.62 million, net income of ¥6.32 million. The transaction is expected to complete on November 30, 2022. Commerce One Holdings Inc. (TSE:4496) completed the acquisition of SAMURAI TECHNOLOGY Co., Ltd. from Masaharu Otake on November 30, 2022.
お知らせ • Nov 27Commerce One Holdings Inc. to Report Q3, 2023 Results on Feb 14, 2023Commerce One Holdings Inc. announced that they will report Q3, 2023 results on Feb 14, 2023
お知らせ • Nov 17Commerce One Holdings Inc. (TSE:4496) agreed to acquire SAMURAI TECHNOLOGY Co., Ltd. from Masaharu Otake.Commerce One Holdings Inc. (TSE:4496) agreed to acquire SAMURAI TECHNOLOGY Co., Ltd. from Masaharu Otake on November 15, 2022. For the period ended December, 2021, SAMURAI TECHNOLOGY reported net assets of ¥180 million, total assets of ¥200 million, sales of ¥190 million, EBIT of ¥11.62 million, net income of ¥6.32 million. The transaction is expected to complete on November 30, 2022.
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥15.02 (vs JP¥19.27 in 2Q 2022)Second quarter 2023 results: EPS: JP¥15.02 (down from JP¥19.27 in 2Q 2022). Revenue: JP¥789.0m (up 8.4% from 2Q 2022). Net income: JP¥113.0m (down 22% from 2Q 2022). Profit margin: 14% (down from 20% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Software industry in Japan.
Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Yuko Hoshino was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improved over the past weekAfter last week's 21% share price gain to JP¥947, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 23x in the Software industry in Japan. Total loss to shareholders of 39% over the past year.
お知らせ • Aug 28Commerce One Holdings Inc. to Report Q2, 2023 Results on Nov 14, 2022Commerce One Holdings Inc. announced that they will report Q2, 2023 results on Nov 14, 2022
Reported Earnings • Aug 14First quarter 2023 earnings released: EPS: JP¥13.82 (vs JP¥14.49 in 1Q 2022)First quarter 2023 results: EPS: JP¥13.82 (down from JP¥14.49 in 1Q 2022). Revenue: JP¥761.0m (up 7.6% from 1Q 2022). Net income: JP¥104.0m (down 4.6% from 1Q 2022). Profit margin: 14% (down from 15% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 14%, compared to a 14% growth forecast for the industry in Japan.
お知らせ • May 29Commerce One Holdings Inc. to Report Q1, 2023 Results on Aug 12, 2022Commerce One Holdings Inc. announced that they will report Q1, 2023 results on Aug 12, 2022
お知らせ • May 18Commerce One Holdings Inc., Annual General Meeting, Jun 28, 2022Commerce One Holdings Inc., Annual General Meeting, Jun 28, 2022.
Valuation Update With 7 Day Price Move • May 18Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to JP¥951, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 23x in the Software industry in Japan. Total loss to shareholders of 59% over the past year.
Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Yuko Hoshino was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 08Commerce One Holdings Inc. to Report Fiscal Year 2022 Results on May 13, 2022Commerce One Holdings Inc. announced that they will report fiscal year 2022 results on May 13, 2022
Buying Opportunity • Apr 06Now 21% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be JP¥1,736, 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 18%. Revenue is forecast to grow by 27% in 2 years. Earnings is forecast to grow by 21% in the next 2 years.
Valuation Update With 7 Day Price Move • Feb 17Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to JP¥1,096, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 20x in the Software industry in Japan. Total loss to shareholders of 66% over the past year.
Buying Opportunity • Feb 03Now 26% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be JP¥1,809, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last year. Earnings per share has grown by 46% over the last year.
お知らせ • Jan 22Commerce One Holdings Common Stock to Be Deleted from Other OTCCommerce One Holdings Inc.'s Common Stock will be deleted from other OTC effective from January 24, 2022 due to Inactive Security.
Valuation Update With 7 Day Price Move • Dec 23Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥1,497, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 26x in the Software industry in Japan. Total loss to shareholders of 52% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,406 per share.
Valuation Update With 7 Day Price Move • Nov 22Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to JP¥1,589, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 26x in the Software industry in Japan. Total loss to shareholders of 44% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,417 per share.
Reported Earnings • Nov 15Second quarter 2022 earnings released: EPS JP¥19.27 (vs JP¥11.83 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥728.0m (up 14% from 2Q 2021). Net income: JP¥145.0m (up 63% from 2Q 2021). Profit margin: 20% (up from 14% in 2Q 2021). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Sep 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥2,148, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 31x in the Software industry in Japan. Total loss to shareholders of 39% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,358 per share.
Valuation Update With 7 Day Price Move • May 20Investor sentiment improved over the past weekAfter last week's 19% share price gain to JP¥2,320, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 29x in the Software industry in Japan. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,336 per share.
お知らせ • Mar 04Commerce One Holdings Inc. to Report Fiscal Year 2021 Results on May 14, 2021Commerce One Holdings Inc. announced that they will report fiscal year 2021 results on May 14, 2021
Is New 90 Day High Low • Feb 28New 90-day low: JP¥5,690The company is down 1.0% from its price of JP¥5,750 on 30 November 2020. The Japanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥2,155 per share.
Is New 90 Day High Low • Jan 25New 90-day high: JP¥7,250The company is up 8.0% from its price of JP¥6,690 on 27 October 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥2,576 per share.
お知らせ • Aug 09+ 2 more updatesCommerce One Holdings Inc. to Report Q2, 2021 Results on Nov 13, 2020Commerce One Holdings Inc. announced that they will report Q2, 2021 results on Nov 13, 2020
