View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsITOCHU Techno-Solutions 過去の業績過去 基準チェック /46ITOCHU Techno-Solutionsは、平均年間8.6%の収益成長を遂げていますが、 IT業界の収益は、年間 成長しています。収益は、平均年間12.7% 5.7%収益成長率で 成長しています。 ITOCHU Techno-Solutionsの自己資本利益率は11.8%であり、純利益率は6.3%です。主要情報8.59%収益成長率8.59%EPS成長率IT 業界の成長14.26%収益成長率5.71%株主資本利益率11.78%ネット・マージン6.28%前回の決算情報30 Sep 2023最近の業績更新Reported Earnings • Nov 02Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: JP¥36.71 (up from JP¥33.12 in 2Q 2023). Revenue: JP¥142.2b (up 3.3% from 2Q 2023). Net income: JP¥8.48b (up 11% from 2Q 2023). Profit margin: 6.0% (up from 5.6% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 1.6%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 4% per year.お知らせ • Sep 28ITOCHU Techno-Solutions Corporation to Report Q2, 2024 Results on Nov 01, 2023ITOCHU Techno-Solutions Corporation announced that they will report Q2, 2024 results on Nov 01, 2023Reported Earnings • Aug 03First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: JP¥27.58 (up from JP¥18.62 in 1Q 2023). Revenue: JP¥132.4b (up 13% from 1Q 2023). Net income: JP¥6.37b (up 48% from 1Q 2023). Profit margin: 4.8% (up from 3.7% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.1%. Earnings per share (EPS) also surpassed analyst estimates by 30%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 2% per year.お知らせ • Jul 07ITOCHU Techno-Solutions Corporation to Report Q1, 2024 Results on Aug 02, 2023ITOCHU Techno-Solutions Corporation announced that they will report Q1, 2024 results on Aug 02, 2023Reported Earnings • Jun 21Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥148 (down from JP¥153 in FY 2022). Revenue: JP¥570.9b (up 9.3% from FY 2022). Net income: JP¥34.2b (down 3.3% from FY 2022). Profit margin: 6.0% (down from 6.8% 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 4.9%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 29Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥148 (down from JP¥153 in FY 2022). Revenue: JP¥570.9b (up 9.3% from FY 2022). Net income: JP¥34.2b (down 3.3% from FY 2022). Profit margin: 6.0% (down from 6.8% 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 4.9%. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.すべての更新を表示Recent updatesお知らせ • Dec 07ITOCHU Techno-Solutions Corporation Ordinary Shares to Be Deleted from OTC EquityITOCHU Techno-Solutions Corporation Ordinary Shares will be deleted from OTC Equity effective December 06, 2023, due to CUSIP Suspended.お知らせ • Dec 01ITOCHU Techno-Solutions Corporation(TSE:4739) dropped from FTSE All-World Index (USD)ITOCHU Techno-Solutions Corporation(TSE:4739) dropped from FTSE All-World Index (USD)お知らせ • Nov 15ITOCHU Techno-Solutions Corporation to Delist from Prime Section of Tokyo Stock ExchangeITOCHU Techno-Solutions Corporation will be delisted from prime section of Tokyo Stock Exchange effective from December 01, 2023. Delisting is due to Reverse stock split.Reported Earnings • Nov 02Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: JP¥36.71 (up from JP¥33.12 in 2Q 2023). Revenue: JP¥142.2b (up 3.3% from 2Q 2023). Net income: JP¥8.48b (up 11% from 2Q 2023). Profit margin: 6.0% (up from 5.6% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 1.6%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 4% per year.お知らせ • Sep 28ITOCHU Techno-Solutions Corporation to Report Q2, 2024 Results on Nov 01, 2023ITOCHU Techno-Solutions Corporation announced that they will report Q2, 2024 results on Nov 01, 2023Upcoming Dividend • Sep 21Upcoming dividend of JP¥43.00 per share at 1.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 52% and the cash payout ratio is 80%. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.5%).Price Target Changed • Aug 08Price target increased by 7.5% to JP¥3,921Up from JP¥3,649, the current price target is an average from 12 analysts. New target price is 9.4% below last closing price of JP¥4,329. The company is forecast to post earnings per share of JP¥169 for next year compared to JP¥148 last year.お知らせ • Aug 04ITOCHU Corporation (TSE:8001) made an offer to acquire remaining 38.76% stake in ITOCHU Techno-Solutions Corporation (TSE:4739) for an offer per share of JPY 4,325.ITOCHU Corporation (TSE:8001) made an offer to acquire remaining 38.76% stake in ITOCHU Techno-Solutions Corporation (TSE:4739) for an offer per share of JPY 4,325 on August 2, 2023. The offer will expire on September 14, 2023 and is subject to minimum shares tendered.Reported Earnings • Aug 03First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: JP¥27.58 (up from JP¥18.62 in 1Q 2023). Revenue: JP¥132.4b (up 13% from 1Q 2023). Net income: JP¥6.37b (up 48% from 1Q 2023). Profit margin: 4.8% (up from 3.7% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.1%. Earnings per share (EPS) also surpassed analyst estimates by 30%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 2% per year.お知らせ • Aug 03ITOCHU Techno-Solutions Corporation Announces Not to Pay an Interim Dividend and a Year-End Dividend for the Fiscal Year Ending March 31, 2024ITOCHU Techno-Solutions Corporation announced that it resolved at the meeting of its board of directors held on August 2, 2023 to revise its dividend forecasts, released on April 28, 2023, for the fiscal year ending March 31, 2024, and not to pay an interim dividend and a year-end dividend for that fiscal year on the condition that the tender offer (the "Tender Offer") for the common shares of the Company (the "Company Shares") by Digital Value Chain Partners, GK, which is wholly owned by ITOCHU Corporation, which is a controlling shareholder (parent company) of the Company, (the "Tender Offeror") described in the "Announcement of Opinion in Support of the Tender Offer for the Company Shares by Digital Value Chain Partners. GK, a Subsidiary of ITOCHU Corporation, the Parent Company and Recommendation for its Shareholders to Tender their Shares in the Tender Offer" (the "Company's Press Release") separately released on August 2, 2023 is successfully completed. The company previously forecasted interim dividend of JPY 43.00 per share and year-end dividend of JPY 43.00 per share.お知らせ • Jul 07ITOCHU Techno-Solutions Corporation to Report Q1, 2024 Results on Aug 02, 2023ITOCHU Techno-Solutions Corporation announced that they will report Q1, 2024 results on Aug 02, 2023Reported Earnings • Jun 21Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥148 (down from JP¥153 in FY 2022). Revenue: JP¥570.9b (up 9.3% from FY 2022). Net income: JP¥34.2b (down 3.3% from FY 2022). Profit margin: 6.0% (down from 6.8% 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 4.9%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 29Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥148 (down from JP¥153 in FY 2022). Revenue: JP¥570.9b (up 9.3% from FY 2022). Net income: JP¥34.2b (down 3.3% from FY 2022). Profit margin: 6.0% (down from 6.8% 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 4.9%. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% 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 • Mar 23Upcoming dividend of JP¥40.50 per share at 2.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 19 June 2023. Payout ratio is a comfortable 62% and the cash payout ratio is 90%. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).お知らせ • Feb 02Itochu Techno-Solutions Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023ITOCHU Techno-Solutions Corporation provided dividend guidance for the fiscal year ending March 31, 2023. For the period, the company expects dividend of JPY 40.5 per share against JPY 50 per share a year ago.Reported Earnings • Feb 02Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2023 results: EPS: JP¥31.54 (down from JP¥45.90 in 3Q 2022). Revenue: JP¥144.5b (up 15% from 3Q 2022). Net income: JP¥7.29b (down 31% from 3Q 2022). Profit margin: 5.0% (down from 8.4% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.2%. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% 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 • Dec 26ITOCHU Techno-Solutions Corporation to Report Q3, 2023 Results on Feb 01, 2023ITOCHU Techno-Solutions Corporation announced that they will report Q3, 2023 results on Feb 01, 2023Reported Earnings • Nov 16Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: EPS: JP¥33.12 (down from JP¥37.47 in 2Q 2022). Revenue: JP¥137.7b (up 10% from 2Q 2022). Net income: JP¥7.65b (down 12% from 2Q 2022). Profit margin: 5.6% (down from 6.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 03Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: EPS: JP¥33.12 (down from JP¥37.47 in 2Q 2022). Revenue: JP¥137.7b (up 10% from 2Q 2022). Net income: JP¥7.65b (down 12% from 2Q 2022). Profit margin: 5.6% (down from 6.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the IT 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 only increased by 3% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Sep 30Now 21% undervaluedOver the last 90 days, the stock is up 2.9%. The fair value is estimated to be JP¥4,280, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 4.0% per annum. Earnings is also forecast to grow by 7.0% per annum over the same time period.Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.50 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).Reported Earnings • Aug 05First quarter 2023 earnings: EPS misses analyst expectationsFirst quarter 2023 results: EPS: JP¥18.62 (down from JP¥23.35 in 1Q 2022). Revenue: JP¥116.8b (up 7.6% from 1Q 2022). Net income: JP¥4.30b (down 20% from 1Q 2022). Profit margin: 3.7% (down from 5.0% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 25%. Over the next year, revenue is forecast to grow 6.1%, compared to a 11% 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 6% per year, which means it is significantly lagging earnings growth.Board Change • Jul 31High number of new directorsIndependent Outside Director Yasuhiro Ikeda was the last director to join the board, commencing their role in 2022.Reported Earnings • Jun 22Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: JP¥153 (up from JP¥132 in FY 2021). Revenue: JP¥522.4b (up 8.9% from FY 2021). Net income: JP¥35.4b (up 16% from FY 2021). Profit margin: 6.8% (up from 6.4% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.5%. Over the next year, revenue is forecast to grow 6.2%, compared to a 11% growth forecast for the industry in Japan. 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 5% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Jun 02Now 21% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be JP¥4,015, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has grown by 13%. For the next 3 years, revenue is forecast to grow by 4.5% per annum. Earnings is also forecast to grow by 7.2% per annum over the same time period.Buying Opportunity • May 12Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 2.7%. The fair value is estimated to be JP¥3,827, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has grown by 13%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings is also forecast to grow by 6.9% per annum over the same time period.Reported Earnings • Apr 30Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: JP¥153 (up from JP¥132 in FY 2021). Revenue: JP¥522.4b (up 8.9% from FY 2021). Net income: JP¥35.4b (up 16% from FY 2021). Profit margin: 6.8% (up from 6.4% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.5%. Over the next year, revenue is forecast to grow 5.8%, compared to a 7.4% growth forecast for the industry in Japan. 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 4% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 7 new directors. 3 experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Outside Audit & Supervisory Board Member Toshiaki Tada is the most experienced director on the board, commencing their role in 2012. Independent Outside Director Naoko Iwasaki was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Buying Opportunity • Apr 12Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be JP¥3,843, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 4.7% per annum. Earnings is also forecast to grow by 5.5% per annum over the same time period.Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 18 June 2022. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%).Buying Opportunity • Mar 02Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be JP¥3,740, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% per annum over the last 3 years. Earnings per share has grown by 14% per annum over the last 3 years.Buying Opportunity • Feb 14Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be JP¥3,731, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% per annum over the last 3 years. Earnings per share has grown by 14% per annum over the last 3 years.Reported Earnings • Feb 02Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: JP¥45.90 (up from JP¥28.73 in 3Q 2021). Revenue: JP¥125.6b (up 8.4% from 3Q 2021). Net income: JP¥10.6b (up 60% from 3Q 2021). Profit margin: 8.4% (up from 5.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 36%. Over the next year, revenue is forecast to grow 7.4%, compared to a 7.5% growth forecast for the industry in Japan. 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 6% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Jan 25Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 10.0%. The fair value is estimated to be JP¥4,188, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.2% per annum over the last 3 years. Earnings per share has grown by 12% per annum over the last 3 years.Reported Earnings • Nov 02Second quarter 2022 earnings released: EPS JP¥37.47 (vs JP¥22.23 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥124.9b (up 13% from 2Q 2021). Net income: JP¥8.66b (up 69% from 2Q 2021). Profit margin: 6.9% (up from 4.6% 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 12% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Sep 22Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 December 2021. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.2%).Reported Earnings • Aug 04First quarter 2022 earnings released: EPS JP¥23.35 (vs JP¥17.71 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥108.6b (up 4.3% from 1Q 2021). Net income: JP¥5.40b (up 32% from 1Q 2021). Profit margin: 5.0% (up from 3.9% 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 10% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Jun 23Full year 2021 earnings released: EPS JP¥132 (vs JP¥123 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥479.9b (down 1.5% from FY 2020). Net income: JP¥30.5b (up 7.2% from FY 2020). Profit margin: 6.4% (up from 5.8% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Apr 30Full year 2021 earnings released: EPS JP¥132 (vs JP¥123 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥479.9b (down 1.5% from FY 2020). Net income: JP¥30.5b (up 7.2% from FY 2020). Profit margin: 6.4% (up from 5.8% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Mar 23Upcoming dividend of JP¥31.50 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 19 June 2021. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.3%).Is New 90 Day High Low • Feb 20New 90-day low: JP¥3,465The company is down 6.0% from its price of JP¥3,670 on 20 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥2,608 per share.Reported Earnings • Feb 02Third quarter 2021 earnings released: EPS JP¥28.74 (vs JP¥27.15 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥115.8b (down 1.0% from 3Q 2020). Net income: JP¥6.64b (up 5.9% from 3Q 2020). Profit margin: 5.7% (up from 5.4% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.Analyst Estimate Surprise Post Earnings • Feb 02Revenue and earnings miss expectationsRevenue missed analyst estimates by 4.5%. Earnings per share (EPS) also missed analyst estimates by 5.0%. Over the next year, revenue is forecast to grow 6.7%, compared to a 8.4% growth forecast for the IT industry in Japan.収支内訳ITOCHU Techno-Solutions の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TSE:4739 収益、費用、利益 ( )JPY Millions日付収益収益G+A経費研究開発費30 Sep 23591,12637,10787,5321,96130 Jun 23586,60036,27884,8581,96131 Mar 23570,93434,20882,7851,96131 Dec 22562,30629,95981,9651,49430 Sep 22543,33633,27679,4431,49430 Jun 22530,57134,28177,3201,49431 Mar 22522,35635,37374,7261,49431 Dec 21508,02939,27870,6351,51630 Sep 21498,29235,31269,5111,51630 Jun 21484,36731,78968,8421,51631 Mar 21479,87830,48668,1531,51631 Dec 20490,53728,15371,0721,54630 Sep 20491,68227,78670,1631,54630 Jun 20494,12029,29768,7011,54631 Mar 20487,01828,45167,6311,54631 Dec 19479,31228,44968,6711,55830 Sep 19470,19227,17167,8381,55830 Jun 19457,95625,59567,4061,55831 Mar 19451,95724,61667,1541,55831 Dec 18434,92723,58766,9811,16730 Sep 18431,48222,81566,2061,16730 Jun 18434,54523,78165,9801,16731 Mar 18429,62523,58164,9031,16731 Dec 17430,62224,23866,0911,23730 Sep 17422,32524,05264,5591,23730 Jun 17411,50422,68262,7721,23731 Mar 17407,84921,86161,7701,23731 Dec 16411,78921,71158,4131,28530 Sep 16402,19320,14358,7661,28530 Jun 16397,07618,07259,3341,28531 Mar 16391,60618,01859,3491,28531 Dec 15377,85814,07560,79956130 Sep 15386,04216,20860,07856130 Jun 15384,79717,87659,20156131 Mar 15381,93917,40658,94656131 Dec 14380,66118,57658,070030 Sep 14362,75915,98057,789030 Jun 14358,27715,09957,558031 Mar 14349,45414,09657,313031 Dec 13327,18112,71759,530030 Sep 13323,99213,58158,485030 Jun 13322,07214,49157,401031 Mar 13322,47516,02556,097031 Dec 12314,35314,23554,0930質の高い収益: 4739は 高品質の収益 を持っています。利益率の向上: 4739の現在の純利益率 (6.3%)は、昨年(6.1%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 4739の収益は過去 5 年間で年間8.6%増加しました。成長の加速: 4739の過去 1 年間の収益成長率 ( 11.5% ) は、5 年間の平均 ( 年間8.6%を上回っています。収益対業界: 4739の過去 1 年間の収益成長率 ( 11.5% ) IT業界15.7%を上回りませんでした。株主資本利益率高いROE: 4739の 自己資本利益率 ( 11.8% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YSoftware 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2023/12/06 12:19終値2023/11/30 00:00収益2023/09/30年間収益2023/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋ITOCHU Techno-Solutions Corporation 4 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。18 アナリスト機関Yuki KanekoBofA Global ResearchMitsunobu TsuruoCitigroup Incnull nullCLSA15 その他のアナリストを表示
Reported Earnings • Nov 02Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: JP¥36.71 (up from JP¥33.12 in 2Q 2023). Revenue: JP¥142.2b (up 3.3% from 2Q 2023). Net income: JP¥8.48b (up 11% from 2Q 2023). Profit margin: 6.0% (up from 5.6% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 1.6%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 4% per year.
お知らせ • Sep 28ITOCHU Techno-Solutions Corporation to Report Q2, 2024 Results on Nov 01, 2023ITOCHU Techno-Solutions Corporation announced that they will report Q2, 2024 results on Nov 01, 2023
Reported Earnings • Aug 03First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: JP¥27.58 (up from JP¥18.62 in 1Q 2023). Revenue: JP¥132.4b (up 13% from 1Q 2023). Net income: JP¥6.37b (up 48% from 1Q 2023). Profit margin: 4.8% (up from 3.7% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.1%. Earnings per share (EPS) also surpassed analyst estimates by 30%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 2% per year.
お知らせ • Jul 07ITOCHU Techno-Solutions Corporation to Report Q1, 2024 Results on Aug 02, 2023ITOCHU Techno-Solutions Corporation announced that they will report Q1, 2024 results on Aug 02, 2023
Reported Earnings • Jun 21Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥148 (down from JP¥153 in FY 2022). Revenue: JP¥570.9b (up 9.3% from FY 2022). Net income: JP¥34.2b (down 3.3% from FY 2022). Profit margin: 6.0% (down from 6.8% 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 4.9%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 29Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥148 (down from JP¥153 in FY 2022). Revenue: JP¥570.9b (up 9.3% from FY 2022). Net income: JP¥34.2b (down 3.3% from FY 2022). Profit margin: 6.0% (down from 6.8% 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 4.9%. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 07ITOCHU Techno-Solutions Corporation Ordinary Shares to Be Deleted from OTC EquityITOCHU Techno-Solutions Corporation Ordinary Shares will be deleted from OTC Equity effective December 06, 2023, due to CUSIP Suspended.
お知らせ • Dec 01ITOCHU Techno-Solutions Corporation(TSE:4739) dropped from FTSE All-World Index (USD)ITOCHU Techno-Solutions Corporation(TSE:4739) dropped from FTSE All-World Index (USD)
お知らせ • Nov 15ITOCHU Techno-Solutions Corporation to Delist from Prime Section of Tokyo Stock ExchangeITOCHU Techno-Solutions Corporation will be delisted from prime section of Tokyo Stock Exchange effective from December 01, 2023. Delisting is due to Reverse stock split.
Reported Earnings • Nov 02Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: JP¥36.71 (up from JP¥33.12 in 2Q 2023). Revenue: JP¥142.2b (up 3.3% from 2Q 2023). Net income: JP¥8.48b (up 11% from 2Q 2023). Profit margin: 6.0% (up from 5.6% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 1.6%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 4% per year.
お知らせ • Sep 28ITOCHU Techno-Solutions Corporation to Report Q2, 2024 Results on Nov 01, 2023ITOCHU Techno-Solutions Corporation announced that they will report Q2, 2024 results on Nov 01, 2023
Upcoming Dividend • Sep 21Upcoming dividend of JP¥43.00 per share at 1.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 52% and the cash payout ratio is 80%. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.5%).
Price Target Changed • Aug 08Price target increased by 7.5% to JP¥3,921Up from JP¥3,649, the current price target is an average from 12 analysts. New target price is 9.4% below last closing price of JP¥4,329. The company is forecast to post earnings per share of JP¥169 for next year compared to JP¥148 last year.
お知らせ • Aug 04ITOCHU Corporation (TSE:8001) made an offer to acquire remaining 38.76% stake in ITOCHU Techno-Solutions Corporation (TSE:4739) for an offer per share of JPY 4,325.ITOCHU Corporation (TSE:8001) made an offer to acquire remaining 38.76% stake in ITOCHU Techno-Solutions Corporation (TSE:4739) for an offer per share of JPY 4,325 on August 2, 2023. The offer will expire on September 14, 2023 and is subject to minimum shares tendered.
Reported Earnings • Aug 03First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: JP¥27.58 (up from JP¥18.62 in 1Q 2023). Revenue: JP¥132.4b (up 13% from 1Q 2023). Net income: JP¥6.37b (up 48% from 1Q 2023). Profit margin: 4.8% (up from 3.7% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.1%. Earnings per share (EPS) also surpassed analyst estimates by 30%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 2% per year.
お知らせ • Aug 03ITOCHU Techno-Solutions Corporation Announces Not to Pay an Interim Dividend and a Year-End Dividend for the Fiscal Year Ending March 31, 2024ITOCHU Techno-Solutions Corporation announced that it resolved at the meeting of its board of directors held on August 2, 2023 to revise its dividend forecasts, released on April 28, 2023, for the fiscal year ending March 31, 2024, and not to pay an interim dividend and a year-end dividend for that fiscal year on the condition that the tender offer (the "Tender Offer") for the common shares of the Company (the "Company Shares") by Digital Value Chain Partners, GK, which is wholly owned by ITOCHU Corporation, which is a controlling shareholder (parent company) of the Company, (the "Tender Offeror") described in the "Announcement of Opinion in Support of the Tender Offer for the Company Shares by Digital Value Chain Partners. GK, a Subsidiary of ITOCHU Corporation, the Parent Company and Recommendation for its Shareholders to Tender their Shares in the Tender Offer" (the "Company's Press Release") separately released on August 2, 2023 is successfully completed. The company previously forecasted interim dividend of JPY 43.00 per share and year-end dividend of JPY 43.00 per share.
お知らせ • Jul 07ITOCHU Techno-Solutions Corporation to Report Q1, 2024 Results on Aug 02, 2023ITOCHU Techno-Solutions Corporation announced that they will report Q1, 2024 results on Aug 02, 2023
Reported Earnings • Jun 21Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥148 (down from JP¥153 in FY 2022). Revenue: JP¥570.9b (up 9.3% from FY 2022). Net income: JP¥34.2b (down 3.3% from FY 2022). Profit margin: 6.0% (down from 6.8% 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 4.9%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 29Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥148 (down from JP¥153 in FY 2022). Revenue: JP¥570.9b (up 9.3% from FY 2022). Net income: JP¥34.2b (down 3.3% from FY 2022). Profit margin: 6.0% (down from 6.8% 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 4.9%. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% 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 • Mar 23Upcoming dividend of JP¥40.50 per share at 2.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 19 June 2023. Payout ratio is a comfortable 62% and the cash payout ratio is 90%. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).
お知らせ • Feb 02Itochu Techno-Solutions Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023ITOCHU Techno-Solutions Corporation provided dividend guidance for the fiscal year ending March 31, 2023. For the period, the company expects dividend of JPY 40.5 per share against JPY 50 per share a year ago.
Reported Earnings • Feb 02Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2023 results: EPS: JP¥31.54 (down from JP¥45.90 in 3Q 2022). Revenue: JP¥144.5b (up 15% from 3Q 2022). Net income: JP¥7.29b (down 31% from 3Q 2022). Profit margin: 5.0% (down from 8.4% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.2%. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% 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 • Dec 26ITOCHU Techno-Solutions Corporation to Report Q3, 2023 Results on Feb 01, 2023ITOCHU Techno-Solutions Corporation announced that they will report Q3, 2023 results on Feb 01, 2023
Reported Earnings • Nov 16Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: EPS: JP¥33.12 (down from JP¥37.47 in 2Q 2022). Revenue: JP¥137.7b (up 10% from 2Q 2022). Net income: JP¥7.65b (down 12% from 2Q 2022). Profit margin: 5.6% (down from 6.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 03Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: EPS: JP¥33.12 (down from JP¥37.47 in 2Q 2022). Revenue: JP¥137.7b (up 10% from 2Q 2022). Net income: JP¥7.65b (down 12% from 2Q 2022). Profit margin: 5.6% (down from 6.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the IT 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 only increased by 3% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Sep 30Now 21% undervaluedOver the last 90 days, the stock is up 2.9%. The fair value is estimated to be JP¥4,280, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 4.0% per annum. Earnings is also forecast to grow by 7.0% per annum over the same time period.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.50 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).
Reported Earnings • Aug 05First quarter 2023 earnings: EPS misses analyst expectationsFirst quarter 2023 results: EPS: JP¥18.62 (down from JP¥23.35 in 1Q 2022). Revenue: JP¥116.8b (up 7.6% from 1Q 2022). Net income: JP¥4.30b (down 20% from 1Q 2022). Profit margin: 3.7% (down from 5.0% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 25%. Over the next year, revenue is forecast to grow 6.1%, compared to a 11% 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 6% per year, which means it is significantly lagging earnings growth.
Board Change • Jul 31High number of new directorsIndependent Outside Director Yasuhiro Ikeda was the last director to join the board, commencing their role in 2022.
Reported Earnings • Jun 22Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: JP¥153 (up from JP¥132 in FY 2021). Revenue: JP¥522.4b (up 8.9% from FY 2021). Net income: JP¥35.4b (up 16% from FY 2021). Profit margin: 6.8% (up from 6.4% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.5%. Over the next year, revenue is forecast to grow 6.2%, compared to a 11% growth forecast for the industry in Japan. 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 5% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Jun 02Now 21% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be JP¥4,015, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has grown by 13%. For the next 3 years, revenue is forecast to grow by 4.5% per annum. Earnings is also forecast to grow by 7.2% per annum over the same time period.
Buying Opportunity • May 12Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 2.7%. The fair value is estimated to be JP¥3,827, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has grown by 13%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings is also forecast to grow by 6.9% per annum over the same time period.
Reported Earnings • Apr 30Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: JP¥153 (up from JP¥132 in FY 2021). Revenue: JP¥522.4b (up 8.9% from FY 2021). Net income: JP¥35.4b (up 16% from FY 2021). Profit margin: 6.8% (up from 6.4% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.5%. Over the next year, revenue is forecast to grow 5.8%, compared to a 7.4% growth forecast for the industry in Japan. 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 4% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 7 new directors. 3 experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Outside Audit & Supervisory Board Member Toshiaki Tada is the most experienced director on the board, commencing their role in 2012. Independent Outside Director Naoko Iwasaki was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Buying Opportunity • Apr 12Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be JP¥3,843, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 4.7% per annum. Earnings is also forecast to grow by 5.5% per annum over the same time period.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 18 June 2022. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%).
Buying Opportunity • Mar 02Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be JP¥3,740, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% per annum over the last 3 years. Earnings per share has grown by 14% per annum over the last 3 years.
Buying Opportunity • Feb 14Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be JP¥3,731, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% per annum over the last 3 years. Earnings per share has grown by 14% per annum over the last 3 years.
Reported Earnings • Feb 02Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: JP¥45.90 (up from JP¥28.73 in 3Q 2021). Revenue: JP¥125.6b (up 8.4% from 3Q 2021). Net income: JP¥10.6b (up 60% from 3Q 2021). Profit margin: 8.4% (up from 5.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 36%. Over the next year, revenue is forecast to grow 7.4%, compared to a 7.5% growth forecast for the industry in Japan. 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 6% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Jan 25Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 10.0%. The fair value is estimated to be JP¥4,188, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.2% per annum over the last 3 years. Earnings per share has grown by 12% per annum over the last 3 years.
Reported Earnings • Nov 02Second quarter 2022 earnings released: EPS JP¥37.47 (vs JP¥22.23 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥124.9b (up 13% from 2Q 2021). Net income: JP¥8.66b (up 69% from 2Q 2021). Profit margin: 6.9% (up from 4.6% 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 12% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 December 2021. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.2%).
Reported Earnings • Aug 04First quarter 2022 earnings released: EPS JP¥23.35 (vs JP¥17.71 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥108.6b (up 4.3% from 1Q 2021). Net income: JP¥5.40b (up 32% from 1Q 2021). Profit margin: 5.0% (up from 3.9% 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 10% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Jun 23Full year 2021 earnings released: EPS JP¥132 (vs JP¥123 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥479.9b (down 1.5% from FY 2020). Net income: JP¥30.5b (up 7.2% from FY 2020). Profit margin: 6.4% (up from 5.8% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Apr 30Full year 2021 earnings released: EPS JP¥132 (vs JP¥123 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥479.9b (down 1.5% from FY 2020). Net income: JP¥30.5b (up 7.2% from FY 2020). Profit margin: 6.4% (up from 5.8% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥31.50 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 19 June 2021. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.3%).
Is New 90 Day High Low • Feb 20New 90-day low: JP¥3,465The company is down 6.0% from its price of JP¥3,670 on 20 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥2,608 per share.
Reported Earnings • Feb 02Third quarter 2021 earnings released: EPS JP¥28.74 (vs JP¥27.15 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥115.8b (down 1.0% from 3Q 2020). Net income: JP¥6.64b (up 5.9% from 3Q 2020). Profit margin: 5.7% (up from 5.4% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.
Analyst Estimate Surprise Post Earnings • Feb 02Revenue and earnings miss expectationsRevenue missed analyst estimates by 4.5%. Earnings per share (EPS) also missed analyst estimates by 5.0%. Over the next year, revenue is forecast to grow 6.7%, compared to a 8.4% growth forecast for the IT industry in Japan.