Cresco（4674）株式概要株式会社クレスコは、その子会社とともに、日本における情報技術（IT）サービスとデジタルソリューションの提供に従事している。 詳細4674 ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長0/6過去の実績5/6財務の健全性6/6配当金5/6報酬当社が推定した公正価値より35.6%で取引されている 過去1年間で収益は19.8%増加しました リスク分析不安定な配当実績 すべてのリスクチェックを見る4674 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW490,690 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG490,690 investors already sharing narrativesYour Fair ValueJP¥Current PriceJP¥1.55k18.6% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0102b2016201920222025202620282031Revenue JP¥102.0bEarnings JP¥8.3bAdvancedSet Fair ValueView all narrativesCresco Ltd. 競合他社Fukui Computer HoldingsIncSymbol: TSE:9790Market cap: JP¥65.1bCELSYSSymbol: TSE:3663Market cap: JP¥60.8bMiroku Jyoho ServiceSymbol: TSE:9928Market cap: JP¥54.4bPro-ShipSymbol: TSE:3763Market cap: JP¥47.3b価格と性能株価の高値、安値、推移の概要Cresco過去の株価現在の株価JP¥1,546.0052週高値JP¥1,817.0052週安値JP¥1,347.00ベータ0.961ヶ月の変化5.67%3ヶ月変化6.84%1年変化-2.28%3年間の変化54.60%5年間の変化60.46%IPOからの変化543.14%最新ニュースBoard Change • Jul 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. Managing Executive Officer of Corporate Strategy & Director Takayuki Teramura was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.New Risk • Jun 27New 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 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.5% average weekly change).お知らせ • May 30Cresco Ltd. to Report Q1, 2027 Results on Aug 05, 2026Cresco Ltd. announced that they will report Q1, 2027 results at 9:00 AM, Tokyo Standard Time on Aug 05, 2026分析記事 • May 16There May Be Underlying Issues With The Quality Of Cresco's (TSE:4674) EarningsCresco Ltd.'s ( TSE:4674 ) stock was strong after they recently reported robust earnings. However, our analysis...New Risk • May 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change).Reported Earnings • May 09Full year 2026 earnings released: EPS: JP¥130 (vs JP¥107 in FY 2025)Full year 2026 results: EPS: JP¥130 (up from JP¥107 in FY 2025). Revenue: JP¥64.7b (up 10% from FY 2025). Net income: JP¥5.28b (up 20% from FY 2025). Profit margin: 8.2% (up from 7.5% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 13% per year.最新情報をもっと見るRecent updatesBoard Change • Jul 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. Managing Executive Officer of Corporate Strategy & Director Takayuki Teramura was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.New Risk • Jun 27New 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 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.5% average weekly change).お知らせ • May 30Cresco Ltd. to Report Q1, 2027 Results on Aug 05, 2026Cresco Ltd. announced that they will report Q1, 2027 results at 9:00 AM, Tokyo Standard Time on Aug 05, 2026分析記事 • May 16There May Be Underlying Issues With The Quality Of Cresco's (TSE:4674) EarningsCresco Ltd.'s ( TSE:4674 ) stock was strong after they recently reported robust earnings. However, our analysis...New Risk • May 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change).Reported Earnings • May 09Full year 2026 earnings released: EPS: JP¥130 (vs JP¥107 in FY 2025)Full year 2026 results: EPS: JP¥130 (up from JP¥107 in FY 2025). Revenue: JP¥64.7b (up 10% from FY 2025). Net income: JP¥5.28b (up 20% from FY 2025). Profit margin: 8.2% (up from 7.5% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 13% per year.お知らせ • May 09Cresco Ltd. (TSE:4674) announces an Equity Buyback for 1,000,000 shares, representing 2.48% for ¥2,000 million.Cresco Ltd. (TSE:4674) announces a share repurchase program. Under the program, the company will repurchase 100,000 shares, representing 2.48% of the outstanding shares for ¥2,000 million. The purpose of the program is to return of profits to shareholders and to improve capital efficiency. The program will run until November 30, 2026. As of March 31, 2026, the company had 40,394,449 shares outstanding and 1,605,551 shares in treasury.お知らせ • May 08Cresco Ltd., Annual General Meeting, Jun 19, 2026Cresco Ltd., Annual General Meeting, Jun 19, 2026.Upcoming Dividend • Mar 23Upcoming dividend of JP¥29.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.3%).お知らせ • Mar 04Cresco Ltd. to Report Fiscal Year 2026 Results on May 08, 2026Cresco Ltd. announced that they will report fiscal year 2026 results on May 08, 2026お知らせ • Feb 26Cresco Ltd. (TSE:4674) executed a Share Transfer Agreement to acquire Officemation Co.,Ltd. from Toshikazu Hara.Cresco Ltd. (TSE:4674) executed a Share Transfer Agreement to acquire Officemation Co.,Ltd. from Toshikazu Hara on February 24, 2026. As part of the acquisition, Cresco Ltd. will acquire all outstanding shares of Officemation Co.,Ltd. Upon completion, Officemation Co.,Ltd. will operate as a subsidiary of Cresco Ltd. The transaction is expected to close on April 1, 2026.Reported Earnings • Feb 07Third quarter 2026 earnings released: EPS: JP¥37.86 (vs JP¥26.31 in 3Q 2025)Third quarter 2026 results: EPS: JP¥37.86 (up from JP¥26.31 in 3Q 2025). Revenue: JP¥16.3b (up 11% from 3Q 2025). Net income: JP¥1.53b (up 46% from 3Q 2025). Profit margin: 9.4% (up from 7.2% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 20% per year.分析記事 • Dec 03Cresco (TSE:4674) Will Pay A Dividend Of ¥29.00Cresco Ltd.'s ( TSE:4674 ) investors are due to receive a payment of ¥29.00 per share on 23rd of June. This takes the...お知らせ • Dec 02Cresco Ltd. to Report Q3, 2026 Results on Feb 06, 2026Cresco Ltd. announced that they will report Q3, 2026 results on Feb 06, 2026Declared Dividend • Dec 02First half dividend of JP¥29.00 announcedShareholders will receive a dividend of JP¥29.00. Ex-date: 30th March 2026 Payment date: 23rd June 2026 Dividend yield will be 3.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (46% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 07Second quarter 2026 earnings released: EPS: JP¥31.92 (vs JP¥26.36 in 2Q 2025)Second quarter 2026 results: EPS: JP¥31.92 (up from JP¥26.36 in 2Q 2025). Revenue: JP¥15.9b (up 7.6% from 2Q 2025). Net income: JP¥1.30b (up 16% from 2Q 2025). Profit margin: 8.2% (up from 7.6% in 2Q 2025). 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 increased by 21% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Sep 22Upcoming dividend of JP¥29.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%).分析記事 • Sep 08Cresco (TSE:4674) Has Announced That It Will Be Increasing Its Dividend To ¥29.00The board of Cresco Ltd. ( TSE:4674 ) has announced that it will be paying its dividend of ¥29.00 on the 2nd of...お知らせ • Sep 03Cresco Ltd. to Report Q2, 2026 Results on Nov 05, 2025Cresco Ltd. announced that they will report Q2, 2026 results on Nov 05, 2025分析記事 • Aug 25Cresco's (TSE:4674) Shareholders Will Receive A Bigger Dividend Than Last YearCresco Ltd. ( TSE:4674 ) will increase its dividend from last year's comparable payment on the 2nd of December to...お知らせ • Aug 25Cresco Ltd. (TSE:4674) agreed to acquire Apest Co., Ltd. from Takashi Maeda and three others.Cresco Ltd. (TSE:4674) agreed to acquire Apest Co., Ltd. from Takashi Maeda and three others on August 25, 2025. The expected completion of the transaction is October 1, 2025.Buy Or Sell Opportunity • Aug 21Now 20% undervaluedOver the last 90 days, the stock has risen 12% to JP¥1,742. The fair value is estimated to be JP¥2,183, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 15%.Reported Earnings • Aug 07First quarter 2026 earnings released: EPS: JP¥18.32 (vs JP¥18.35 in 1Q 2025)First quarter 2026 results: EPS: JP¥18.32 (down from JP¥18.35 in 1Q 2025). Revenue: JP¥15.1b (up 9.6% from 1Q 2025). Net income: JP¥754.0m (flat on 1Q 2025). Profit margin: 5.0% (down from 5.5% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Jul 23Cresco (TSE:4674) Is Increasing Its Dividend To ¥29.00Cresco Ltd. ( TSE:4674 ) has announced that it will be increasing its dividend from last year's comparable payment on...分析記事 • Jul 09Cresco (TSE:4674) Is Increasing Its Dividend To ¥29.00Cresco Ltd. ( TSE:4674 ) has announced that it will be increasing its dividend from last year's comparable payment on...New Risk • Jul 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Declared Dividend • Jul 09Final dividend of JP¥29.00 announcedShareholders will receive a dividend of JP¥29.00. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 3.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (31% earnings payout ratio) and cash flows (57% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Jun 24Full year 2025 earnings released: EPS: JP¥107 (vs JP¥90.05 in FY 2024)Full year 2025 results: EPS: JP¥107 (up from JP¥90.05 in FY 2024). Revenue: JP¥58.8b (up 11% from FY 2024). Net income: JP¥4.41b (up 18% from FY 2024). Profit margin: 7.5% (up from 7.1% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jun 03Cresco Ltd. to Report Q1, 2026 Results on Aug 05, 2025Cresco Ltd. announced that they will report Q1, 2026 results on Aug 05, 2025Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 22%After last week's 22% share price gain to JP¥1,483, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 21x in the Software industry in Japan. Total returns to shareholders of 59% over the past three years.分析記事 • May 13Why Investors Shouldn't Be Surprised By Cresco Ltd.'s (TSE:4674) 35% Share Price SurgeThe Cresco Ltd. ( TSE:4674 ) share price has done very well over the last month, posting an excellent gain of 35%. The...New Risk • May 12New 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 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.0% average weekly change).Reported Earnings • May 10Full year 2025 earnings released: EPS: JP¥107 (vs JP¥90.05 in FY 2024)Full year 2025 results: EPS: JP¥107 (up from JP¥90.05 in FY 2024). Revenue: JP¥58.8b (up 11% from FY 2024). Net income: JP¥4.41b (up 18% from FY 2024). Profit margin: 7.5% (up from 7.1% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.お知らせ • May 10Cresco Ltd. (TSE:4674) announces an Equity Buyback for 1,000,000 shares, representing 2.42% for ¥1,500 million.Cresco Ltd. (TSE:4674) announces a share repurchase program. Under the program, the company will repurchase 100,000 shares, representing 2.42% of the outstanding shares for ¥1,500 million. The purpose of the program is to return of profits to shareholders and to improve capital efficiency. The program will run until November 28, 2025. As of March 31, 2025, the company had 41,237,782 shares outstanding and 762,218 shares in treasury.お知らせ • May 09Cresco Ltd., Annual General Meeting, Jun 20, 2025Cresco Ltd., Annual General Meeting, Jun 20, 2025.お知らせ • Mar 26Cresco Ltd. to Report Fiscal Year 2025 Results on May 09, 2025Cresco Ltd. announced that they will report fiscal year 2025 results on May 09, 2025Upcoming Dividend • Mar 21Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%).Reported Earnings • Feb 08Third quarter 2025 earnings released: EPS: JP¥26.31 (vs JP¥17.80 in 3Q 2024)Third quarter 2025 results: EPS: JP¥26.31 (up from JP¥17.80 in 3Q 2024). Revenue: JP¥14.6b (up 13% from 3Q 2024). Net income: JP¥1.05b (up 43% from 3Q 2024). Profit margin: 7.2% (up from 5.7% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 10% per year.Declared Dividend • Dec 03First half dividend of JP¥19.00 announcedShareholders will receive a dividend of JP¥19.00. Ex-date: 28th March 2025 Payment date: 24th June 2025 Dividend yield will be 3.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Nov 30Cresco Ltd. to Report Q3, 2025 Results on Feb 06, 2025Cresco Ltd. announced that they will report Q3, 2025 results on Feb 06, 2025Reported Earnings • Nov 08Second quarter 2025 earnings released: EPS: JP¥26.36 (vs JP¥25.67 in 2Q 2024)Second quarter 2025 results: EPS: JP¥26.36 (up from JP¥25.67 in 2Q 2024). Revenue: JP¥14.7b (up 7.3% from 2Q 2024). Net income: JP¥1.12b (up 6.0% from 2Q 2024). Profit margin: 7.6% (down from 7.7% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 20Upcoming dividend of JP¥19.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.2%).お知らせ • Aug 27Cresco Ltd. to Report Q2, 2025 Results on Nov 06, 2024Cresco Ltd. announced that they will report Q2, 2025 results on Nov 06, 2024Reported Earnings • Aug 09First quarter 2025 earnings released: EPS: JP¥36.70 (vs JP¥14.44 in 1Q 2024)First quarter 2025 results: EPS: JP¥36.70 (up from JP¥14.44 in 1Q 2024). Revenue: JP¥13.8b (up 16% from 1Q 2024). Net income: JP¥756.0m (up 25% from 1Q 2024). Profit margin: 5.5% (up from 5.1% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥1,098, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 19x in the Software industry in Japan. Total returns to shareholders of 30% over the past three years.Declared Dividend • Jul 11Final dividend of JP¥19.00 announcedShareholders will receive a dividend of JP¥19.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 3.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (29% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Board Change • Jul 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 3 highly experienced directors. Independent Outside Director Miyuki Sano was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Jun 28Full year 2024 earnings released: EPS: JP¥90.05 (vs JP¥79.04 in FY 2023)Full year 2024 results: EPS: JP¥90.05 (up from JP¥79.04 in FY 2023). Revenue: JP¥52.8b (up 9.1% from FY 2023). Net income: JP¥3.73b (up 12% from FY 2023). Profit margin: 7.1% (up from 6.9% 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 10% per year whereas the company’s share price has increased by 13% per year.New Risk • Jun 14New 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 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.5% average weekly change).お知らせ • Jun 06Cresco Ltd. to Report Q1, 2025 Results on Aug 06, 2024Cresco Ltd. announced that they will report Q1, 2025 results on Aug 06, 2024お知らせ • May 30+ 1 more updateCresco Ltd. Provides Consolidated and Non-Consolidated Earnings Guidance for the Six Months Ending September 30, 2024 and the Year Ending March 31, 2025Cresco Ltd. provided consolidated and non-consolidated earnings guidance for the six months ending September 30, 2024 and the year Ending March 31, 2025. For the six months ending September 30, 2024, on consolidated basis, the company expects net sales of JPY 27,800 million, operating profit of JPY 2,440 million, profit attributable to owners of parent of JPY 1,610 million or JPY 39.08 per share. For the full year ending March 31, 2025, on consolidated basis, the company expects net sales of JPY 58,500 million, operating profit of JPY 5,900 million, profit attributable to owners of parent of JPY 4,000 million or JPY 97.09 per share. For the six months ending September 30, 2024, on non-consolidated basis, the company expects net sales of JPY 15,000 million, profit of JPY 1,500 million or JPY 36.41 per share. For the full year ending March 31, 2025, on non-consolidated basis, the company expects net sales of JPY 31,500 million, profit of JPY 2,960 million or JPY 71.85 per share.お知らせ • May 16Cresco Ltd. Declares Dividend for the Year Ended March 31, 2024CRESCO LTD. announced the decision made at the Board of Directors meeting held on May 15, 2024, to distribute dividends from surplus to shareholders as of record date, March 31, 2024. In accordance with the company policy, the Company has resolved to pay ¥27 per share as the year-end dividend for this fiscal year 2024 against ¥23 a year ago. Effective date is June 24, 2024.Reported Earnings • May 12Full year 2024 earnings released: EPS: JP¥180 (vs JP¥158 in FY 2023)Full year 2024 results: EPS: JP¥180 (up from JP¥158 in FY 2023). Revenue: JP¥52.8b (up 9.1% from FY 2023). Net income: JP¥3.73b (up 12% from FY 2023). Profit margin: 7.1% (up from 6.9% 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 10% per year whereas the company’s share price has increased by 5% per year.お知らせ • May 12Cresco Ltd., Annual General Meeting, Jun 21, 2024Cresco Ltd., Annual General Meeting, Jun 21, 2024.お知らせ • Mar 25Shogo Moriyama agreed to acquire CRESCO Wireless, Inc. from Cresco Ltd. (TSE:4674).Shogo Moriyama agreed to acquire CRESCO Wireless, Inc. from Cresco Ltd. (TSE:4674) on March 25, 2024. As per the transaction, CRESCO Wireless, Inc. will acquire 1,625 shares of acquire CRESCO Wireless, Inc. As of March 31, 2023, CRESCO Wireless, Inc. generated net assets of 113 million, total assets of 126 million, sales of 75 million and operating loss of 4 million. The transaction is expected to close in June 2024.分析記事 • Mar 21Cresco (TSE:4674) Is Paying Out A Dividend Of ¥27.00The board of Cresco Ltd. ( TSE:4674 ) has announced that it will pay a dividend on the 19th of June, with investors...Upcoming Dividend • Mar 21Upcoming dividend of JP¥27.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 19 June 2024. Payout ratio is a comfortable 29% but the company is paying out more than the cash it is generating. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.3%).お知らせ • Mar 02Cresco Ltd. to Report Fiscal Year 2024 Results on May 10, 2024Cresco Ltd. announced that they will report fiscal year 2024 results on May 10, 2024お知らせ • Feb 09CRESCO LTD. Announces Changes in Dividend PolicyCRESCO LTD. announced that, at the meeting held on February 5, 2024, the Board of Directors decided to make changes in the dividend policy. Reason for changes in dividend policy: The Company considers the return of its profits to shareholders as an important managerial issue, and has paid consistent dividends every fiscal year. The Company intends to adhere to this basic policy and continue returning its profits to shareholders as determined on the basis of its business results while maintaining financial soundness. As a company listed on the Prime Market, the Company conducted a review of the current dividend policy in order to further improve capital efficiency, achieve sustainable growth and strengthen shareholder returns. As a result, the Company decided to change the dividend payout ratio as follows. Details of dividend policy: Before changes: The Company considers the return of its profits to shareholders as an important managerial issue. The Company’s basic dividend policy is to maintain payouts that are appropriate in light of its financial results, while increasing shareholders’ equity and keeping long-term and stable earning power. As for dividends, in principle the Company aims to continually pay out about 30% of profit attributable to owners of parent for each fiscal year, which is calculated from consolidated ordinary profit and assuming extraordinary income and losses are zero. After changes: The Company considers the return of its profits to shareholders as an important managerial issue. The Company’s basic dividend policy is to maintain payouts that are appropriate in light of its financial results, while increasing shareholders’ equity and keeping long-term and stable earning power. As for dividends, in principle the Company aims to continually pay out 40% of profit attributable to owners of parent for each fiscal year. Timing of the change: The changes will be effective from an interim dividend of the fiscal year ending March 31, 2025.Reported Earnings • Feb 08Third quarter 2024 earnings released: EPS: JP¥35.61 (vs JP¥36.24 in 3Q 2023)Third quarter 2024 results: EPS: JP¥35.61 (down from JP¥36.24 in 3Q 2023). Revenue: JP¥12.9b (up 7.0% from 3Q 2023). Net income: JP¥733.0m (down 3.9% from 3Q 2023). Profit margin: 5.7% (down from 6.3% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 11% per year.New Risk • Feb 06New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risks Dividend is not well covered by cash flows (124% cash payout ratio). Shareholders have been diluted in the past year (2.4% increase in shares outstanding).お知らせ • Nov 15Cresco Ltd. to Report Q3, 2024 Results on Feb 05, 2024Cresco Ltd. announced that they will report Q3, 2024 results on Feb 05, 2024Reported Earnings • Nov 07Second quarter 2024 earnings released: EPS: JP¥51.34 (vs JP¥54.50 in 2Q 2023)Second quarter 2024 results: EPS: JP¥51.34 (down from JP¥54.50 in 2Q 2023). Revenue: JP¥13.8b (up 15% from 2Q 2023). Net income: JP¥1.06b (down 7.7% from 2Q 2023). Profit margin: 7.7% (down from 9.6% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year and the company’s share price has also increased by 10% per year.Upcoming Dividend • Sep 21Upcoming dividend of JP¥25.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 27% and the cash payout ratio is 77%. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.7%).お知らせ • Aug 09Cresco Ltd. to Report Q2, 2024 Results on Nov 06, 2023Cresco Ltd. announced that they will report Q2, 2024 results on Nov 06, 2023Reported Earnings • Aug 09First quarter 2024 earnings released: EPS: JP¥28.88 (vs JP¥15.21 in 1Q 2023)First quarter 2024 results: EPS: JP¥28.88 (up from JP¥15.21 in 1Q 2023). Revenue: JP¥11.9b (up 4.4% from 1Q 2023). Net income: JP¥606.0m (up 89% from 1Q 2023). Profit margin: 5.1% (up from 2.8% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 13% per year.Reported Earnings • Jun 21Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥158 (up from JP¥154 in FY 2022). Revenue: JP¥48.4b (up 8.8% from FY 2022). Net income: JP¥3.33b (up 2.8% from FY 2022). Profit margin: 6.9% (down from 7.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 17%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 12% per year.お知らせ • May 28Cresco Ltd. to Report Q1, 2024 Results on Aug 04, 2023Cresco Ltd. announced that they will report Q1, 2024 results on Aug 04, 2023お知らせ • May 24Cresco Ltd. Announces Commemorative Dividend for the Year Ended March 31, 2023, Effective on June 19, 2023Cresco Ltd. announced commemorative dividend for the year ended March 31, 2023. For the period, the company announced commemorative dividend of JPY 4 per share. Record date is March 31, 2023. Effective date is June 19, 2023.お知らせ • May 23Cresco Ltd. Announces Year End Dividend for the Year Ended March 31, 2023, Effective on June 19, 2023Cresco Ltd. announced year end dividend for the year ended March 31, 2023. For the period, the company announced dividend of JPY 23 per share compared to JPY 24 per share paid a year ago. Record date is March 31, 2023. Effective date is June 19, 2023.Reported Earnings • May 12Full year 2023 earnings released: EPS: JP¥158 (vs JP¥154 in FY 2022)Full year 2023 results: EPS: JP¥158 (up from JP¥154 in FY 2022). Revenue: JP¥48.4b (up 8.8% from FY 2022). Net income: JP¥3.33b (up 2.8% from FY 2022). Profit margin: 6.9% (down from 7.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 11% per year.お知らせ • May 11Cresco Ltd. (TSE:4674) announces an Equity Buyback for 500,000 shares, representing 2.37% for ¥1,000 million.Cresco Ltd. (TSE:4674) announces a share repurchase program. Under the program, the company will repurchase 500,000 shares, representing 2.37% of the outstanding shares for ¥1,000 million. The purpose of the program is to return of profits to shareholders and to improve capital efficiency. The program will run until November 30, 2023. As of March 31, 2023, the company had 21,070,066 shares outstanding and 1,929,934 shares in treasury.Upcoming Dividend • Mar 23Upcoming dividend of JP¥27.00 per share at 2.7% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 20 June 2023. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).Reported Earnings • Feb 09Third quarter 2023 earnings released: EPS: JP¥36.24 (vs JP¥45.56 in 3Q 2022)Third quarter 2023 results: EPS: JP¥36.24 (down from JP¥45.56 in 3Q 2022). Revenue: JP¥12.1b (up 6.4% from 3Q 2022). Net income: JP¥763.0m (down 20% from 3Q 2022). Profit margin: 6.3% (down from 8.4% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.お知らせ • Feb 08+ 1 more updateCresco Ltd. Provides Year End Dividend Guidance for the Year Ending March 31, 2023Cresco Ltd. provided year end dividend guidance for the year ending March 31, 2023. For the year, the company expects to pay dividend of JPY 23.00 per share compared to JPY 24.00 per share a year ago.お知らせ • Jan 31Cresco Ltd. (TSE:4674) entered into an agreement to acquire Japan Software Design Co., Ltd. from Shigekiyo Miki.Cresco Ltd. (TSE:4674) entered into an agreement to acquire Japan Software Design Co., Ltd. from Shigekiyo Miki on January 30, 2023. The deal is expected to close on February 1, 2023. As of fiscal year ending March 2022, Japan Software Design reportedお知らせ • Dec 04Cresco Ltd. to Report Q3, 2023 Results on Feb 06, 2023Cresco Ltd. announced that they will report Q3, 2023 results on Feb 06, 2023Price Target Changed • Nov 16Price target increased to JP¥3,000Up from JP¥2,730, the current price target is provided by 1 analyst. New target price is 73% above last closing price of JP¥1,732. Stock is down 18% over the past year. The company is forecast to post earnings per share of JP¥146 for next year compared to JP¥154 last year.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Masayuki Maekawa was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 09Second quarter 2023 earnings released: EPS: JP¥54.50 (vs JP¥43.00 in 2Q 2022)Second quarter 2023 results: EPS: JP¥54.50 (up from JP¥43.00 in 2Q 2022). Revenue: JP¥11.9b (up 6.6% from 2Q 2022). Net income: JP¥1.15b (up 27% from 2Q 2022). Profit margin: 9.6% (up from 8.1% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.0% 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 10% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.8%).お知らせ • Aug 17Cresco Ltd. to Report Q2, 2023 Results on Nov 07, 2022Cresco Ltd. announced that they will report Q2, 2023 results on Nov 07, 2022Reported Earnings • Aug 07First quarter 2023 earnings released: EPS: JP¥15.21 (vs JP¥33.40 in 1Q 2022)First quarter 2023 results: EPS: JP¥15.21 (down from JP¥33.40 in 1Q 2022). Revenue: JP¥11.4b (up 15% from 1Q 2022). Net income: JP¥320.0m (down 54% from 1Q 2022). Profit margin: 2.8% (down from 7.1% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 6.8%, compared to a 14% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 5% per year.Reported Earnings • Jun 23Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: JP¥154 (up from JP¥125 in FY 2021). Revenue: JP¥44.5b (up 12% from FY 2021). Net income: JP¥3.24b (up 23% from FY 2021). Profit margin: 7.3% (up from 6.6% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 8.0%, compared to a 13% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Jun 20Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be JP¥2,331, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 8.3% per annum. Earnings is also forecast to grow by 9.5% per annum over the same time period.お知らせ • May 27+ 3 more updatesCresco Ltd. to Report Q1, 2023 Results on Aug 05, 2022Cresco Ltd. announced that they will report Q1, 2023 results on Aug 05, 2022Reported Earnings • May 11Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: JP¥154 (up from JP¥125 in FY 2021). Revenue: JP¥44.5b (up 12% from FY 2021). Net income: JP¥3.24b (up 23% from FY 2021). Profit margin: 7.3% (up from 6.6% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 8.0%, compared to a 13% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Price Target Changed • Apr 27Price target increased to JP¥2,730Up from JP¥1,900, the current price target is provided by 1 analyst. New target price is 44% above last closing price of JP¥1,892. Stock is up 15% over the past year. The company is forecast to post earnings per share of JP¥138 for next year compared to JP¥125 last year.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Masayuki Maekawa was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 08Cresco Ltd. to Report Fiscal Year 2022 Results on May 10, 2022Cresco Ltd. announced that they will report fiscal year 2022 results on May 10, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥24.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 21 June 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.8%).Reported Earnings • Feb 07Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: JP¥45.56 (up from JP¥42.14 in 3Q 2021). Revenue: JP¥11.3b (up 16% from 3Q 2021). Net income: JP¥958.0m (up 8.2% from 3Q 2021). Profit margin: 8.4% (down from 9.0% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Over the next year, revenue is forecast to grow 5.5%, compared to a 16% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 07Second quarter 2022 earnings released: EPS JP¥43.00 (vs JP¥35.87 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥11.2b (up 14% from 2Q 2021). Net income: JP¥904.0m (up 20% from 2Q 2021). Profit margin: 8.1% (up from 7.7% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 22Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.3%).Reported Earnings • Aug 09First quarter 2022 earnings released: EPS JP¥33.40 (vs JP¥26.44 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥9.87b (up 5.0% from 1Q 2021). Net income: JP¥702.0m (up 27% from 1Q 2021). Profit margin: 7.1% (up from 5.9% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 14% per year.株主還元4674JP SoftwareJP 市場7D2.9%1.2%-0.9%1Y-2.3%-23.0%42.9%株主還元を見る業界別リターン: 4674過去 1 年間で-23 % 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: 4674は、過去 1 年間で42.9 % のリターンを上げたJP市場を下回りました。価格変動Is 4674's price volatile compared to industry and market?4674 volatility4674 Average Weekly Movement6.4%Software Industry Average Movement6.1%Market Average Movement4.2%10% most volatile stocks in JP Market9.3%10% least volatile stocks in JP Market2.1%安定した株価: 4674 、 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: 4674の 週次ボラティリティ ( 6% ) 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19483,188Hiroyuki Nemotowww.cresco.co.jp株式会社クレスコは、その子会社とともに、日本における情報技術（IT）サービスとデジタルソリューションの提供に従事している。同社はITサービス事業とデジタルソリューション事業を通じて事業を展開している。ITサービス事業では、企業システム、金融システム、組込みシステム、AIシステム、モバイルシステム、プラットフォーム、アジャイル開発、ニアショア開発、オフショア開発、RPA導入支援、データ分析、UXデザインコンサルティングソリューション、IT総合企画・開発・保守サービスを提供している。デジタルソリューション事業では、クラウド、ロボティクス、人工知能・データ、セキュリティ、UX/UIなど、顧客のDX実現を支援する製品・サービスを提供している。また、基幹業務システムソリューションの提供、コンピュータシステムに関するコンサルティング・設計開発、人事・給与・ワークフロー・業務コンサルティングに関するコンピュータ・パッケージソフトの設計・開発などを行っている。また、システムエンジニアリングおよびインテグレーションサービスの提供、ビジネスアプリケーションおよびファームウェア/組込みソフトウェアの開発、コンピュータ関連ソフトウェアの作成および販売も行っている。同社は、運輸、人材紹介・派遣、公共サービス、資源・エネルギー、建設・不動産、旅行・ホテル、医療・ヘルスケア、銀行、保険、自動車・輸送機器、機械・エレクトロニクス業界、および情報・通信・広告・流通サービス関連企業にサービスを提供している。株式会社クレスコは1948年に設立され、東京に本社を置く。もっと見るCresco Ltd. 基礎のまとめCresco の収益と売上を時価総額と比較するとどうか。4674 基礎統計学時価総額JP¥62.45b収益（TTM）JP¥5.28b売上高(TTM)JP¥64.68b11.8xPER（株価収益率1.0xP/Sレシオ4674 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4674 損益計算書（TTM）収益JP¥64.68b売上原価JP¥51.57b売上総利益JP¥13.11bその他の費用JP¥7.83b収益JP¥5.28b直近の収益報告Mar 31, 2026次回決算日Aug 05, 2026一株当たり利益（EPS）130.69グロス・マージン20.27%純利益率8.16%有利子負債／自己資本比率4.1%4674 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4.5%現在の配当利回り49%配当性向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2026/07/11 20:07終値2026/07/10 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この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、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。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Cresco Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。5 アナリスト機関Robert KahnCitigroup IncMakoto UenoDaiwa Securities Co. Ltd.Kaname FujitaIchiyoshi Research Institute Inc.2 その他のアナリストを表示
Board Change • Jul 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. Managing Executive Officer of Corporate Strategy & Director Takayuki Teramura was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
New Risk • Jun 27New 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 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.5% average weekly change).
お知らせ • May 30Cresco Ltd. to Report Q1, 2027 Results on Aug 05, 2026Cresco Ltd. announced that they will report Q1, 2027 results at 9:00 AM, Tokyo Standard Time on Aug 05, 2026
分析記事 • May 16There May Be Underlying Issues With The Quality Of Cresco's (TSE:4674) EarningsCresco Ltd.'s ( TSE:4674 ) stock was strong after they recently reported robust earnings. However, our analysis...
New Risk • May 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change).
Reported Earnings • May 09Full year 2026 earnings released: EPS: JP¥130 (vs JP¥107 in FY 2025)Full year 2026 results: EPS: JP¥130 (up from JP¥107 in FY 2025). Revenue: JP¥64.7b (up 10% from FY 2025). Net income: JP¥5.28b (up 20% from FY 2025). Profit margin: 8.2% (up from 7.5% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 13% per year.
Board Change • Jul 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. Managing Executive Officer of Corporate Strategy & Director Takayuki Teramura was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
New Risk • Jun 27New 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 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.5% average weekly change).
お知らせ • May 30Cresco Ltd. to Report Q1, 2027 Results on Aug 05, 2026Cresco Ltd. announced that they will report Q1, 2027 results at 9:00 AM, Tokyo Standard Time on Aug 05, 2026
分析記事 • May 16There May Be Underlying Issues With The Quality Of Cresco's (TSE:4674) EarningsCresco Ltd.'s ( TSE:4674 ) stock was strong after they recently reported robust earnings. However, our analysis...
New Risk • May 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change).
Reported Earnings • May 09Full year 2026 earnings released: EPS: JP¥130 (vs JP¥107 in FY 2025)Full year 2026 results: EPS: JP¥130 (up from JP¥107 in FY 2025). Revenue: JP¥64.7b (up 10% from FY 2025). Net income: JP¥5.28b (up 20% from FY 2025). Profit margin: 8.2% (up from 7.5% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 13% per year.
お知らせ • May 09Cresco Ltd. (TSE:4674) announces an Equity Buyback for 1,000,000 shares, representing 2.48% for ¥2,000 million.Cresco Ltd. (TSE:4674) announces a share repurchase program. Under the program, the company will repurchase 100,000 shares, representing 2.48% of the outstanding shares for ¥2,000 million. The purpose of the program is to return of profits to shareholders and to improve capital efficiency. The program will run until November 30, 2026. As of March 31, 2026, the company had 40,394,449 shares outstanding and 1,605,551 shares in treasury.
お知らせ • May 08Cresco Ltd., Annual General Meeting, Jun 19, 2026Cresco Ltd., Annual General Meeting, Jun 19, 2026.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥29.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.3%).
お知らせ • Mar 04Cresco Ltd. to Report Fiscal Year 2026 Results on May 08, 2026Cresco Ltd. announced that they will report fiscal year 2026 results on May 08, 2026
お知らせ • Feb 26Cresco Ltd. (TSE:4674) executed a Share Transfer Agreement to acquire Officemation Co.,Ltd. from Toshikazu Hara.Cresco Ltd. (TSE:4674) executed a Share Transfer Agreement to acquire Officemation Co.,Ltd. from Toshikazu Hara on February 24, 2026. As part of the acquisition, Cresco Ltd. will acquire all outstanding shares of Officemation Co.,Ltd. Upon completion, Officemation Co.,Ltd. will operate as a subsidiary of Cresco Ltd. The transaction is expected to close on April 1, 2026.
Reported Earnings • Feb 07Third quarter 2026 earnings released: EPS: JP¥37.86 (vs JP¥26.31 in 3Q 2025)Third quarter 2026 results: EPS: JP¥37.86 (up from JP¥26.31 in 3Q 2025). Revenue: JP¥16.3b (up 11% from 3Q 2025). Net income: JP¥1.53b (up 46% from 3Q 2025). Profit margin: 9.4% (up from 7.2% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 20% per year.
分析記事 • Dec 03Cresco (TSE:4674) Will Pay A Dividend Of ¥29.00Cresco Ltd.'s ( TSE:4674 ) investors are due to receive a payment of ¥29.00 per share on 23rd of June. This takes the...
お知らせ • Dec 02Cresco Ltd. to Report Q3, 2026 Results on Feb 06, 2026Cresco Ltd. announced that they will report Q3, 2026 results on Feb 06, 2026
Declared Dividend • Dec 02First half dividend of JP¥29.00 announcedShareholders will receive a dividend of JP¥29.00. Ex-date: 30th March 2026 Payment date: 23rd June 2026 Dividend yield will be 3.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (46% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 07Second quarter 2026 earnings released: EPS: JP¥31.92 (vs JP¥26.36 in 2Q 2025)Second quarter 2026 results: EPS: JP¥31.92 (up from JP¥26.36 in 2Q 2025). Revenue: JP¥15.9b (up 7.6% from 2Q 2025). Net income: JP¥1.30b (up 16% from 2Q 2025). Profit margin: 8.2% (up from 7.6% in 2Q 2025). 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 increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥29.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%).
分析記事 • Sep 08Cresco (TSE:4674) Has Announced That It Will Be Increasing Its Dividend To ¥29.00The board of Cresco Ltd. ( TSE:4674 ) has announced that it will be paying its dividend of ¥29.00 on the 2nd of...
お知らせ • Sep 03Cresco Ltd. to Report Q2, 2026 Results on Nov 05, 2025Cresco Ltd. announced that they will report Q2, 2026 results on Nov 05, 2025
分析記事 • Aug 25Cresco's (TSE:4674) Shareholders Will Receive A Bigger Dividend Than Last YearCresco Ltd. ( TSE:4674 ) will increase its dividend from last year's comparable payment on the 2nd of December to...
お知らせ • Aug 25Cresco Ltd. (TSE:4674) agreed to acquire Apest Co., Ltd. from Takashi Maeda and three others.Cresco Ltd. (TSE:4674) agreed to acquire Apest Co., Ltd. from Takashi Maeda and three others on August 25, 2025. The expected completion of the transaction is October 1, 2025.
Buy Or Sell Opportunity • Aug 21Now 20% undervaluedOver the last 90 days, the stock has risen 12% to JP¥1,742. The fair value is estimated to be JP¥2,183, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 15%.
Reported Earnings • Aug 07First quarter 2026 earnings released: EPS: JP¥18.32 (vs JP¥18.35 in 1Q 2025)First quarter 2026 results: EPS: JP¥18.32 (down from JP¥18.35 in 1Q 2025). Revenue: JP¥15.1b (up 9.6% from 1Q 2025). Net income: JP¥754.0m (flat on 1Q 2025). Profit margin: 5.0% (down from 5.5% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Jul 23Cresco (TSE:4674) Is Increasing Its Dividend To ¥29.00Cresco Ltd. ( TSE:4674 ) has announced that it will be increasing its dividend from last year's comparable payment on...
分析記事 • Jul 09Cresco (TSE:4674) Is Increasing Its Dividend To ¥29.00Cresco Ltd. ( TSE:4674 ) has announced that it will be increasing its dividend from last year's comparable payment on...
New Risk • Jul 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Declared Dividend • Jul 09Final dividend of JP¥29.00 announcedShareholders will receive a dividend of JP¥29.00. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 3.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (31% earnings payout ratio) and cash flows (57% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jun 24Full year 2025 earnings released: EPS: JP¥107 (vs JP¥90.05 in FY 2024)Full year 2025 results: EPS: JP¥107 (up from JP¥90.05 in FY 2024). Revenue: JP¥58.8b (up 11% from FY 2024). Net income: JP¥4.41b (up 18% from FY 2024). Profit margin: 7.5% (up from 7.1% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jun 03Cresco Ltd. to Report Q1, 2026 Results on Aug 05, 2025Cresco Ltd. announced that they will report Q1, 2026 results on Aug 05, 2025
Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 22%After last week's 22% share price gain to JP¥1,483, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 21x in the Software industry in Japan. Total returns to shareholders of 59% over the past three years.
分析記事 • May 13Why Investors Shouldn't Be Surprised By Cresco Ltd.'s (TSE:4674) 35% Share Price SurgeThe Cresco Ltd. ( TSE:4674 ) share price has done very well over the last month, posting an excellent gain of 35%. The...
New Risk • May 12New 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 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.0% average weekly change).
Reported Earnings • May 10Full year 2025 earnings released: EPS: JP¥107 (vs JP¥90.05 in FY 2024)Full year 2025 results: EPS: JP¥107 (up from JP¥90.05 in FY 2024). Revenue: JP¥58.8b (up 11% from FY 2024). Net income: JP¥4.41b (up 18% from FY 2024). Profit margin: 7.5% (up from 7.1% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
お知らせ • May 10Cresco Ltd. (TSE:4674) announces an Equity Buyback for 1,000,000 shares, representing 2.42% for ¥1,500 million.Cresco Ltd. (TSE:4674) announces a share repurchase program. Under the program, the company will repurchase 100,000 shares, representing 2.42% of the outstanding shares for ¥1,500 million. The purpose of the program is to return of profits to shareholders and to improve capital efficiency. The program will run until November 28, 2025. As of March 31, 2025, the company had 41,237,782 shares outstanding and 762,218 shares in treasury.
お知らせ • May 09Cresco Ltd., Annual General Meeting, Jun 20, 2025Cresco Ltd., Annual General Meeting, Jun 20, 2025.
お知らせ • Mar 26Cresco Ltd. to Report Fiscal Year 2025 Results on May 09, 2025Cresco Ltd. announced that they will report fiscal year 2025 results on May 09, 2025
Upcoming Dividend • Mar 21Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%).
Reported Earnings • Feb 08Third quarter 2025 earnings released: EPS: JP¥26.31 (vs JP¥17.80 in 3Q 2024)Third quarter 2025 results: EPS: JP¥26.31 (up from JP¥17.80 in 3Q 2024). Revenue: JP¥14.6b (up 13% from 3Q 2024). Net income: JP¥1.05b (up 43% from 3Q 2024). Profit margin: 7.2% (up from 5.7% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 10% per year.
Declared Dividend • Dec 03First half dividend of JP¥19.00 announcedShareholders will receive a dividend of JP¥19.00. Ex-date: 28th March 2025 Payment date: 24th June 2025 Dividend yield will be 3.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Nov 30Cresco Ltd. to Report Q3, 2025 Results on Feb 06, 2025Cresco Ltd. announced that they will report Q3, 2025 results on Feb 06, 2025
Reported Earnings • Nov 08Second quarter 2025 earnings released: EPS: JP¥26.36 (vs JP¥25.67 in 2Q 2024)Second quarter 2025 results: EPS: JP¥26.36 (up from JP¥25.67 in 2Q 2024). Revenue: JP¥14.7b (up 7.3% from 2Q 2024). Net income: JP¥1.12b (up 6.0% from 2Q 2024). Profit margin: 7.6% (down from 7.7% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥19.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.2%).
お知らせ • Aug 27Cresco Ltd. to Report Q2, 2025 Results on Nov 06, 2024Cresco Ltd. announced that they will report Q2, 2025 results on Nov 06, 2024
Reported Earnings • Aug 09First quarter 2025 earnings released: EPS: JP¥36.70 (vs JP¥14.44 in 1Q 2024)First quarter 2025 results: EPS: JP¥36.70 (up from JP¥14.44 in 1Q 2024). Revenue: JP¥13.8b (up 16% from 1Q 2024). Net income: JP¥756.0m (up 25% from 1Q 2024). Profit margin: 5.5% (up from 5.1% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥1,098, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 19x in the Software industry in Japan. Total returns to shareholders of 30% over the past three years.
Declared Dividend • Jul 11Final dividend of JP¥19.00 announcedShareholders will receive a dividend of JP¥19.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 3.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (29% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Board Change • Jul 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 3 highly experienced directors. Independent Outside Director Miyuki Sano was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Jun 28Full year 2024 earnings released: EPS: JP¥90.05 (vs JP¥79.04 in FY 2023)Full year 2024 results: EPS: JP¥90.05 (up from JP¥79.04 in FY 2023). Revenue: JP¥52.8b (up 9.1% from FY 2023). Net income: JP¥3.73b (up 12% from FY 2023). Profit margin: 7.1% (up from 6.9% 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 10% per year whereas the company’s share price has increased by 13% per year.
New Risk • Jun 14New 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 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.5% average weekly change).
お知らせ • Jun 06Cresco Ltd. to Report Q1, 2025 Results on Aug 06, 2024Cresco Ltd. announced that they will report Q1, 2025 results on Aug 06, 2024
お知らせ • May 30+ 1 more updateCresco Ltd. Provides Consolidated and Non-Consolidated Earnings Guidance for the Six Months Ending September 30, 2024 and the Year Ending March 31, 2025Cresco Ltd. provided consolidated and non-consolidated earnings guidance for the six months ending September 30, 2024 and the year Ending March 31, 2025. For the six months ending September 30, 2024, on consolidated basis, the company expects net sales of JPY 27,800 million, operating profit of JPY 2,440 million, profit attributable to owners of parent of JPY 1,610 million or JPY 39.08 per share. For the full year ending March 31, 2025, on consolidated basis, the company expects net sales of JPY 58,500 million, operating profit of JPY 5,900 million, profit attributable to owners of parent of JPY 4,000 million or JPY 97.09 per share. For the six months ending September 30, 2024, on non-consolidated basis, the company expects net sales of JPY 15,000 million, profit of JPY 1,500 million or JPY 36.41 per share. For the full year ending March 31, 2025, on non-consolidated basis, the company expects net sales of JPY 31,500 million, profit of JPY 2,960 million or JPY 71.85 per share.
お知らせ • May 16Cresco Ltd. Declares Dividend for the Year Ended March 31, 2024CRESCO LTD. announced the decision made at the Board of Directors meeting held on May 15, 2024, to distribute dividends from surplus to shareholders as of record date, March 31, 2024. In accordance with the company policy, the Company has resolved to pay ¥27 per share as the year-end dividend for this fiscal year 2024 against ¥23 a year ago. Effective date is June 24, 2024.
Reported Earnings • May 12Full year 2024 earnings released: EPS: JP¥180 (vs JP¥158 in FY 2023)Full year 2024 results: EPS: JP¥180 (up from JP¥158 in FY 2023). Revenue: JP¥52.8b (up 9.1% from FY 2023). Net income: JP¥3.73b (up 12% from FY 2023). Profit margin: 7.1% (up from 6.9% 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 10% per year whereas the company’s share price has increased by 5% per year.
お知らせ • May 12Cresco Ltd., Annual General Meeting, Jun 21, 2024Cresco Ltd., Annual General Meeting, Jun 21, 2024.
お知らせ • Mar 25Shogo Moriyama agreed to acquire CRESCO Wireless, Inc. from Cresco Ltd. (TSE:4674).Shogo Moriyama agreed to acquire CRESCO Wireless, Inc. from Cresco Ltd. (TSE:4674) on March 25, 2024. As per the transaction, CRESCO Wireless, Inc. will acquire 1,625 shares of acquire CRESCO Wireless, Inc. As of March 31, 2023, CRESCO Wireless, Inc. generated net assets of 113 million, total assets of 126 million, sales of 75 million and operating loss of 4 million. The transaction is expected to close in June 2024.
分析記事 • Mar 21Cresco (TSE:4674) Is Paying Out A Dividend Of ¥27.00The board of Cresco Ltd. ( TSE:4674 ) has announced that it will pay a dividend on the 19th of June, with investors...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥27.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 19 June 2024. Payout ratio is a comfortable 29% but the company is paying out more than the cash it is generating. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.3%).
お知らせ • Mar 02Cresco Ltd. to Report Fiscal Year 2024 Results on May 10, 2024Cresco Ltd. announced that they will report fiscal year 2024 results on May 10, 2024
お知らせ • Feb 09CRESCO LTD. Announces Changes in Dividend PolicyCRESCO LTD. announced that, at the meeting held on February 5, 2024, the Board of Directors decided to make changes in the dividend policy. Reason for changes in dividend policy: The Company considers the return of its profits to shareholders as an important managerial issue, and has paid consistent dividends every fiscal year. The Company intends to adhere to this basic policy and continue returning its profits to shareholders as determined on the basis of its business results while maintaining financial soundness. As a company listed on the Prime Market, the Company conducted a review of the current dividend policy in order to further improve capital efficiency, achieve sustainable growth and strengthen shareholder returns. As a result, the Company decided to change the dividend payout ratio as follows. Details of dividend policy: Before changes: The Company considers the return of its profits to shareholders as an important managerial issue. The Company’s basic dividend policy is to maintain payouts that are appropriate in light of its financial results, while increasing shareholders’ equity and keeping long-term and stable earning power. As for dividends, in principle the Company aims to continually pay out about 30% of profit attributable to owners of parent for each fiscal year, which is calculated from consolidated ordinary profit and assuming extraordinary income and losses are zero. After changes: The Company considers the return of its profits to shareholders as an important managerial issue. The Company’s basic dividend policy is to maintain payouts that are appropriate in light of its financial results, while increasing shareholders’ equity and keeping long-term and stable earning power. As for dividends, in principle the Company aims to continually pay out 40% of profit attributable to owners of parent for each fiscal year. Timing of the change: The changes will be effective from an interim dividend of the fiscal year ending March 31, 2025.
Reported Earnings • Feb 08Third quarter 2024 earnings released: EPS: JP¥35.61 (vs JP¥36.24 in 3Q 2023)Third quarter 2024 results: EPS: JP¥35.61 (down from JP¥36.24 in 3Q 2023). Revenue: JP¥12.9b (up 7.0% from 3Q 2023). Net income: JP¥733.0m (down 3.9% from 3Q 2023). Profit margin: 5.7% (down from 6.3% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 11% per year.
New Risk • Feb 06New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risks Dividend is not well covered by cash flows (124% cash payout ratio). Shareholders have been diluted in the past year (2.4% increase in shares outstanding).
お知らせ • Nov 15Cresco Ltd. to Report Q3, 2024 Results on Feb 05, 2024Cresco Ltd. announced that they will report Q3, 2024 results on Feb 05, 2024
Reported Earnings • Nov 07Second quarter 2024 earnings released: EPS: JP¥51.34 (vs JP¥54.50 in 2Q 2023)Second quarter 2024 results: EPS: JP¥51.34 (down from JP¥54.50 in 2Q 2023). Revenue: JP¥13.8b (up 15% from 2Q 2023). Net income: JP¥1.06b (down 7.7% from 2Q 2023). Profit margin: 7.7% (down from 9.6% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year and the company’s share price has also increased by 10% per year.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥25.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 27% and the cash payout ratio is 77%. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.7%).
お知らせ • Aug 09Cresco Ltd. to Report Q2, 2024 Results on Nov 06, 2023Cresco Ltd. announced that they will report Q2, 2024 results on Nov 06, 2023
Reported Earnings • Aug 09First quarter 2024 earnings released: EPS: JP¥28.88 (vs JP¥15.21 in 1Q 2023)First quarter 2024 results: EPS: JP¥28.88 (up from JP¥15.21 in 1Q 2023). Revenue: JP¥11.9b (up 4.4% from 1Q 2023). Net income: JP¥606.0m (up 89% from 1Q 2023). Profit margin: 5.1% (up from 2.8% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 13% per year.
Reported Earnings • Jun 21Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥158 (up from JP¥154 in FY 2022). Revenue: JP¥48.4b (up 8.8% from FY 2022). Net income: JP¥3.33b (up 2.8% from FY 2022). Profit margin: 6.9% (down from 7.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 17%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 12% per year.
お知らせ • May 28Cresco Ltd. to Report Q1, 2024 Results on Aug 04, 2023Cresco Ltd. announced that they will report Q1, 2024 results on Aug 04, 2023
お知らせ • May 24Cresco Ltd. Announces Commemorative Dividend for the Year Ended March 31, 2023, Effective on June 19, 2023Cresco Ltd. announced commemorative dividend for the year ended March 31, 2023. For the period, the company announced commemorative dividend of JPY 4 per share. Record date is March 31, 2023. Effective date is June 19, 2023.
お知らせ • May 23Cresco Ltd. Announces Year End Dividend for the Year Ended March 31, 2023, Effective on June 19, 2023Cresco Ltd. announced year end dividend for the year ended March 31, 2023. For the period, the company announced dividend of JPY 23 per share compared to JPY 24 per share paid a year ago. Record date is March 31, 2023. Effective date is June 19, 2023.
Reported Earnings • May 12Full year 2023 earnings released: EPS: JP¥158 (vs JP¥154 in FY 2022)Full year 2023 results: EPS: JP¥158 (up from JP¥154 in FY 2022). Revenue: JP¥48.4b (up 8.8% from FY 2022). Net income: JP¥3.33b (up 2.8% from FY 2022). Profit margin: 6.9% (down from 7.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 11% per year.
お知らせ • May 11Cresco Ltd. (TSE:4674) announces an Equity Buyback for 500,000 shares, representing 2.37% for ¥1,000 million.Cresco Ltd. (TSE:4674) announces a share repurchase program. Under the program, the company will repurchase 500,000 shares, representing 2.37% of the outstanding shares for ¥1,000 million. The purpose of the program is to return of profits to shareholders and to improve capital efficiency. The program will run until November 30, 2023. As of March 31, 2023, the company had 21,070,066 shares outstanding and 1,929,934 shares in treasury.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥27.00 per share at 2.7% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 20 June 2023. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).
Reported Earnings • Feb 09Third quarter 2023 earnings released: EPS: JP¥36.24 (vs JP¥45.56 in 3Q 2022)Third quarter 2023 results: EPS: JP¥36.24 (down from JP¥45.56 in 3Q 2022). Revenue: JP¥12.1b (up 6.4% from 3Q 2022). Net income: JP¥763.0m (down 20% from 3Q 2022). Profit margin: 6.3% (down from 8.4% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
お知らせ • Feb 08+ 1 more updateCresco Ltd. Provides Year End Dividend Guidance for the Year Ending March 31, 2023Cresco Ltd. provided year end dividend guidance for the year ending March 31, 2023. For the year, the company expects to pay dividend of JPY 23.00 per share compared to JPY 24.00 per share a year ago.
お知らせ • Jan 31Cresco Ltd. (TSE:4674) entered into an agreement to acquire Japan Software Design Co., Ltd. from Shigekiyo Miki.Cresco Ltd. (TSE:4674) entered into an agreement to acquire Japan Software Design Co., Ltd. from Shigekiyo Miki on January 30, 2023. The deal is expected to close on February 1, 2023. As of fiscal year ending March 2022, Japan Software Design reported
お知らせ • Dec 04Cresco Ltd. to Report Q3, 2023 Results on Feb 06, 2023Cresco Ltd. announced that they will report Q3, 2023 results on Feb 06, 2023
Price Target Changed • Nov 16Price target increased to JP¥3,000Up from JP¥2,730, the current price target is provided by 1 analyst. New target price is 73% above last closing price of JP¥1,732. Stock is down 18% over the past year. The company is forecast to post earnings per share of JP¥146 for next year compared to JP¥154 last year.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Masayuki Maekawa was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 09Second quarter 2023 earnings released: EPS: JP¥54.50 (vs JP¥43.00 in 2Q 2022)Second quarter 2023 results: EPS: JP¥54.50 (up from JP¥43.00 in 2Q 2022). Revenue: JP¥11.9b (up 6.6% from 2Q 2022). Net income: JP¥1.15b (up 27% from 2Q 2022). Profit margin: 9.6% (up from 8.1% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.0% 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 10% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.8%).
お知らせ • Aug 17Cresco Ltd. to Report Q2, 2023 Results on Nov 07, 2022Cresco Ltd. announced that they will report Q2, 2023 results on Nov 07, 2022
Reported Earnings • Aug 07First quarter 2023 earnings released: EPS: JP¥15.21 (vs JP¥33.40 in 1Q 2022)First quarter 2023 results: EPS: JP¥15.21 (down from JP¥33.40 in 1Q 2022). Revenue: JP¥11.4b (up 15% from 1Q 2022). Net income: JP¥320.0m (down 54% from 1Q 2022). Profit margin: 2.8% (down from 7.1% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 6.8%, compared to a 14% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 5% per year.
Reported Earnings • Jun 23Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: JP¥154 (up from JP¥125 in FY 2021). Revenue: JP¥44.5b (up 12% from FY 2021). Net income: JP¥3.24b (up 23% from FY 2021). Profit margin: 7.3% (up from 6.6% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 8.0%, compared to a 13% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Jun 20Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be JP¥2,331, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 8.3% per annum. Earnings is also forecast to grow by 9.5% per annum over the same time period.
お知らせ • May 27+ 3 more updatesCresco Ltd. to Report Q1, 2023 Results on Aug 05, 2022Cresco Ltd. announced that they will report Q1, 2023 results on Aug 05, 2022
Reported Earnings • May 11Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: JP¥154 (up from JP¥125 in FY 2021). Revenue: JP¥44.5b (up 12% from FY 2021). Net income: JP¥3.24b (up 23% from FY 2021). Profit margin: 7.3% (up from 6.6% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 8.0%, compared to a 13% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Apr 27Price target increased to JP¥2,730Up from JP¥1,900, the current price target is provided by 1 analyst. New target price is 44% above last closing price of JP¥1,892. Stock is up 15% over the past year. The company is forecast to post earnings per share of JP¥138 for next year compared to JP¥125 last year.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Masayuki Maekawa was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 08Cresco Ltd. to Report Fiscal Year 2022 Results on May 10, 2022Cresco Ltd. announced that they will report fiscal year 2022 results on May 10, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥24.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 21 June 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.8%).
Reported Earnings • Feb 07Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: JP¥45.56 (up from JP¥42.14 in 3Q 2021). Revenue: JP¥11.3b (up 16% from 3Q 2021). Net income: JP¥958.0m (up 8.2% from 3Q 2021). Profit margin: 8.4% (down from 9.0% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Over the next year, revenue is forecast to grow 5.5%, compared to a 16% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 07Second quarter 2022 earnings released: EPS JP¥43.00 (vs JP¥35.87 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥11.2b (up 14% from 2Q 2021). Net income: JP¥904.0m (up 20% from 2Q 2021). Profit margin: 8.1% (up from 7.7% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.3%).
Reported Earnings • Aug 09First quarter 2022 earnings released: EPS JP¥33.40 (vs JP¥26.44 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥9.87b (up 5.0% from 1Q 2021). Net income: JP¥702.0m (up 27% from 1Q 2021). Profit margin: 7.1% (up from 5.9% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 14% per year.
