View ValuationNCD 将来の成長Future 基準チェック /16NCDは、4.2%と4.9%でそれぞれ年率4.2%で利益と収益が成長すると予測される一方、EPSはgrowで5.3%年率。主要情報4.2%収益成長率5.30%EPS成長率IT 収益成長10.8%収益成長率4.9%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日19 Mar 2026今後の成長に関する最新情報お知らせ • Nov 08+ 1 more updateNCD Co., Ltd. Revises Earnings Guidance for the Year Ending March 31, 2025NCD Co., Ltd. revised earnings guidance for the year ending March 31, 2025. For the year, the company expects revised net sales of JPY 30,000 million, operating profit of JPY 2,700 million, profit attributable to owners of parent of JPY 1800 million and basic earnings per share of JPY 220.04 per share against net sales of JPY 28,000 million, operating profit of JPY 2,200 million, profit attributable to owners of parent of JPY 1450 million and basic earnings per share of JPY 177.25 per share. Reason for the revision: In addition to the expansion of the business domain in the IT-related business, mainly projects for insurance companies, in the parking system business, net sales for the full year are expected to exceed the previous forecast due to steady growth of usage fee income as a result of the bicycle parking rate revision. Operating profit, ordinary profit and profit attributable to owners of parent are expected to exceed the previous forecast by a significant margin due mainly to the improved service quality and significant improvements in profitability thanks to the evolution and expansion of "NCD Service Model," the main strategy of the IT-related business offsetting increased personnel expenses due to a wage increase, in addition to the effect of increased revenue. Thus, the Company has revised the full-year forecast.お知らせ • Feb 09+ 1 more updateNCD Co., Ltd. Announces Consolidated Earnings Forecast for the Fiscal Year Ending March 31, 2024NCD Co., Ltd. announced consolidated earnings forecast for the fiscal year ending March 31, 2024. For the year, the company expects net sales of JPY 25,000 million, operating profit of JPY 2,100 million, profit attributable to owners of parent of JPY 1,350 million and basic earnings per share of JPY 165.72 against previous guidance of net sales of JPY 23,500 million, operating profit of JPY 1,400 million, profit attributable to owners of parent of JPY 850 million and basic earnings per share of JPY 105.31.すべての更新を表示Recent updatesUpcoming Dividend • Mar 23Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.8%).Buy Or Sell Opportunity • Mar 04Now 23% undervaluedOver the last 90 days, the stock has risen 15% to JP¥3,080. The fair value is estimated to be JP¥3,997, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 34%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 14% in the next 2 years.Reported Earnings • Feb 07Third quarter 2026 earnings released: EPS: JP¥67.23 (vs JP¥65.33 in 3Q 2025)Third quarter 2026 results: EPS: JP¥67.23 (up from JP¥65.33 in 3Q 2025). Revenue: JP¥7.54b (up 1.6% from 3Q 2025). Net income: JP¥550.0m (up 2.9% from 3Q 2025). Profit margin: 7.3% (up from 7.2% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Feb 06NCD (TSE:4783) Will Pay A Dividend Of ¥60.00NCD Co., Ltd. ( TSE:4783 ) will pay a dividend of ¥60.00 on the 25th of June. This takes the dividend yield to 3.7...お知らせ • Feb 06NCD Co., Ltd. (TSE:4783) announces an Equity Buyback for 160,000 shares, representing 1.96% for ¥500 million.NCD Co., Ltd. (TSE:4783) announces a share repurchase program. Under the program, the company will repurchase up to 160,000 shares, representing 1.96% of its total shares outstanding excluding treasury shares, for a total of ¥500 million. The Company will repurchase its own shares and cancel its treasury shares to further improve capital efficiency, enhance shareholder returns, and enable the flexible execution of a capital strategy. The program will be valid until April 30, 2026. As of January 31, 2026, the company has 8,180,116 shares outstanding excluding treasury shares and has 619,884 shares in treasury.New Risk • Jan 08New 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 5.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.分析記事 • Dec 28NCD (TSE:4783) Has Announced A Dividend Of ¥60.00NCD Co., Ltd. ( TSE:4783 ) has announced that it will pay a dividend of ¥60.00 per share on the 25th of June. This...お知らせ • Dec 27NCD Co., Ltd. to Report Q3, 2026 Results on Feb 06, 2026NCD Co., Ltd. announced that they will report Q3, 2026 results on Feb 06, 2026分析記事 • Dec 03NCD (TSE:4783) Will Pay A Dividend Of ¥60.00The board of NCD Co., Ltd. ( TSE:4783 ) has announced that it will pay a dividend of ¥60.00 per share on the 25th of...Declared Dividend • Dec 03First half dividend of JP¥60.00 announcedShareholders will receive a dividend of JP¥60.00. Ex-date: 30th March 2026 Payment date: 25th June 2026 Dividend yield will be 4.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (48% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 28% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 46% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Dec 01Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.1% to JP¥2,621. The fair value is estimated to be JP¥3,425, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 41%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 37% in the next 2 years.分析記事 • Nov 14Some Investors May Be Willing To Look Past NCD's (TSE:4783) Soft EarningsNCD Co., Ltd.'s ( TSE:4783 ) earnings announcement last week didn't impress shareholders. While the headline numbers...Reported Earnings • Nov 08Second quarter 2026 earnings released: EPS: JP¥57.74 (vs JP¥77.45 in 2Q 2025)Second quarter 2026 results: EPS: JP¥57.74 (down from JP¥77.45 in 2Q 2025). Revenue: JP¥7.65b (down 1.0% from 2Q 2025). Net income: JP¥472.3m (down 25% from 2Q 2025). Profit margin: 6.2% (down from 8.2% in 2Q 2025). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Nov 06New 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 5.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Upcoming Dividend • Sep 22Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 08 December 2025. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%).分析記事 • Sep 03NCD's (TSE:4783) Upcoming Dividend Will Be Larger Than Last Year'sNCD Co., Ltd. ( TSE:4783 ) has announced that it will be increasing its dividend from last year's comparable payment on...お知らせ • Sep 03NCD Co., Ltd. to Report Q2, 2026 Results on Nov 07, 2025NCD Co., Ltd. announced that they will report Q2, 2026 results on Nov 07, 2025Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥28.12 (vs JP¥39.92 in 1Q 2025)First quarter 2026 results: EPS: JP¥28.12 (down from JP¥39.92 in 1Q 2025). Revenue: JP¥7.29b (up 3.7% from 1Q 2025). Net income: JP¥230.0m (down 30% from 1Q 2025). Profit margin: 3.2% (down from 4.6% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Jul 25Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to JP¥2,910. The fair value is estimated to be JP¥2,398, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 52%. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings are also forecast to grow by 7.0% per annum over the same time period.分析記事 • Jul 24NCD's (TSE:4783) Dividend Will Be Increased To ¥60.00NCD Co., Ltd.'s ( TSE:4783 ) dividend will be increasing from last year's payment of the same period to ¥60.00 on 8th...分析記事 • Jul 10NCD (TSE:4783) Will Pay A Larger Dividend Than Last Year At ¥60.00NCD Co., Ltd. ( TSE:4783 ) will increase its dividend from last year's comparable payment on the 8th of December to...Declared Dividend • Jul 09Final dividend of JP¥60.00 announcedShareholders will receive a dividend of JP¥60.00. Ex-date: 29th September 2025 Payment date: 8th December 2025 Dividend yield will be 3.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 28% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Jul 08Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 35% to JP¥2,924. The fair value is estimated to be JP¥2,435, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 52%. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings are also forecast to grow by 7.0% per annum over the same time period.お知らせ • Jun 27NCD Co., Ltd. to Report Q1, 2026 Results on Aug 08, 2025NCD Co., Ltd. announced that they will report Q1, 2026 results at 3:00 PM, Tokyo Standard Time on Aug 08, 2025Reported Earnings • Jun 25Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥233 (up from JP¥170 in FY 2024). Revenue: JP¥30.1b (up 18% from FY 2024). Net income: JP¥1.91b (up 37% from FY 2024). Profit margin: 6.3% (up from 5.4% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.4%. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 15Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥233 (up from JP¥170 in FY 2024). Revenue: JP¥30.1b (up 18% from FY 2024). Net income: JP¥1.91b (up 37% from FY 2024). Profit margin: 6.3% (up from 5.4% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.4%. Revenue is forecast to grow 6.3% p.a. on average during the next 2 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 52% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 13NCD Co., Ltd., Annual General Meeting, Jun 24, 2025NCD Co., Ltd., Annual General Meeting, Jun 24, 2025.分析記事 • May 07What NCD Co., Ltd.'s (TSE:4783) 33% Share Price Gain Is Not Telling YouThose holding NCD Co., Ltd. ( TSE:4783 ) shares would be relieved that the share price has rebounded 33% in the last...分析記事 • Apr 20Are Investors Undervaluing NCD Co., Ltd. (TSE:4783) By 31%?Key Insights The projected fair value for NCD is JP¥3,757 based on 2 Stage Free Cash Flow to Equity Current share price...Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥2,035, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 17x in the IT industry in Japan. Total returns to shareholders of 222% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,757 per share.Upcoming Dividend • Mar 21Upcoming dividend of JP¥33.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.4%).お知らせ • Mar 13NCD Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025NCD Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025Valuation Update With 7 Day Price Move • Feb 14Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥2,486, the stock trades at a trailing P/E ratio of 10.7x. Average forward P/E is 19x in the IT industry in Japan. Total returns to shareholders of 289% over the past three years.Reported Earnings • Feb 08Third quarter 2025 earnings released: EPS: JP¥65.28 (vs JP¥47.43 in 3Q 2024)Third quarter 2025 results: EPS: JP¥65.28 (up from JP¥47.43 in 3Q 2024). Revenue: JP¥7.43b (up 18% from 3Q 2024). Net income: JP¥534.0m (up 38% from 3Q 2024). Profit margin: 7.2% (up from 6.1% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Jan 27Is Now The Time To Put NCD (TSE:4783) On Your Watchlist?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...分析記事 • Jan 03Market Might Still Lack Some Conviction On NCD Co., Ltd. (TSE:4783) Even After 25% Share Price BoostDespite an already strong run, NCD Co., Ltd. ( TSE:4783 ) shares have been powering on, with a gain of 25% in the last...New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (8.0% average weekly change).分析記事 • Dec 13NCD (TSE:4783) Could Easily Take On More DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...お知らせ • Dec 13NCD Co., Ltd. to Report Q3, 2025 Results on Feb 07, 2025NCD Co., Ltd. announced that they will report Q3, 2025 results on Feb 07, 2025Declared Dividend • Dec 07First half dividend of JP¥33.00 announcedShareholders will receive a dividend of JP¥33.00. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 2.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 30% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Nov 15Investor sentiment improves as stock rises 23%After last week's 23% share price gain to JP¥2,103, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 231% over the past three years.分析記事 • Nov 12Market Might Still Lack Some Conviction On NCD Co., Ltd. (TSE:4783) Even After 27% Share Price BoostNCD Co., Ltd. ( TSE:4783 ) shares have had a really impressive month, gaining 27% after a shaky period beforehand...Reported Earnings • Nov 10Second quarter 2025 earnings released: EPS: JP¥77.44 (vs JP¥53.25 in 2Q 2024)Second quarter 2025 results: EPS: JP¥77.44 (up from JP¥53.25 in 2Q 2024). Revenue: JP¥7.73b (up 26% from 2Q 2024). Net income: JP¥633.5m (up 46% from 2Q 2024). Profit margin: 8.2% (up from 7.1% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 08+ 1 more updateNCD Co., Ltd. Revises Earnings Guidance for the Year Ending March 31, 2025NCD Co., Ltd. revised earnings guidance for the year ending March 31, 2025. For the year, the company expects revised net sales of JPY 30,000 million, operating profit of JPY 2,700 million, profit attributable to owners of parent of JPY 1800 million and basic earnings per share of JPY 220.04 per share against net sales of JPY 28,000 million, operating profit of JPY 2,200 million, profit attributable to owners of parent of JPY 1450 million and basic earnings per share of JPY 177.25 per share. Reason for the revision: In addition to the expansion of the business domain in the IT-related business, mainly projects for insurance companies, in the parking system business, net sales for the full year are expected to exceed the previous forecast due to steady growth of usage fee income as a result of the bicycle parking rate revision. Operating profit, ordinary profit and profit attributable to owners of parent are expected to exceed the previous forecast by a significant margin due mainly to the improved service quality and significant improvements in profitability thanks to the evolution and expansion of "NCD Service Model," the main strategy of the IT-related business offsetting increased personnel expenses due to a wage increase, in addition to the effect of increased revenue. Thus, the Company has revised the full-year forecast.New Risk • Oct 03New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.6b (US$99.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.8% average weekly change). Market cap is less than US$100m (JP¥14.6b market cap, or US$99.3m).Upcoming Dividend • Sep 20Upcoming dividend of JP¥27.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%).分析記事 • Aug 29NCD (TSE:4783) Has Announced A Dividend Of ¥27.00NCD Co., Ltd. ( TSE:4783 ) will pay a dividend of ¥27.00 on the 4th of December. This makes the dividend yield 2.9...お知らせ • Aug 29NCD Co., Ltd. to Report Q2, 2025 Results on Nov 08, 2024NCD Co., Ltd. announced that they will report Q2, 2025 results on Nov 08, 2024Reported Earnings • Aug 13First quarter 2025 earnings released: EPS: JP¥39.92 (vs JP¥20.57 in 1Q 2024)First quarter 2025 results: EPS: JP¥39.92 (up from JP¥20.57 in 1Q 2024). Revenue: JP¥7.03b (up 22% from 1Q 2024). Net income: JP¥326.5m (up 97% from 1Q 2024). Profit margin: 4.6% (up from 2.9% 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 45% per year whereas the company’s share price has increased by 41% per year.分析記事 • Aug 05Slammed 29% NCD Co., Ltd. (TSE:4783) Screens Well Here But There Might Be A CatchThe NCD Co., Ltd. ( TSE:4783 ) share price has fared very poorly over the last month, falling by a substantial 29...New Risk • Aug 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.7% 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 (7.7% average weekly change). Minor Risk Market cap is less than US$100m (JP¥10.5b market cap, or US$73.9m).Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 28%After last week's 28% share price decline to JP¥1,287, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 110% over the past three years.分析記事 • Jul 26NCD (TSE:4783) Will Pay A Dividend Of ¥27.00NCD Co., Ltd. ( TSE:4783 ) has announced that it will pay a dividend of ¥27.00 per share on the 4th of December. This...分析記事 • Jul 11NCD's (TSE:4783) Dividend Will Be ¥27.00NCD Co., Ltd. ( TSE:4783 ) has announced that it will pay a dividend of ¥27.00 per share on the 4th of December. This...Declared Dividend • Jul 11Final dividend of JP¥27.00 announcedShareholders will receive a dividend of JP¥27.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 3.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.分析記事 • May 22We Think NCD's (TSE:4783) Robust Earnings Are ConservativeThe subdued stock price reaction suggests that NCD Co., Ltd.'s ( TSE:4783 ) strong earnings didn't offer any surprises...Reported Earnings • May 16Full year 2024 earnings released: EPS: JP¥170 (vs JP¥83.26 in FY 2023)Full year 2024 results: EPS: JP¥170 (up from JP¥83.26 in FY 2023). Revenue: JP¥25.5b (up 12% from FY 2023). Net income: JP¥1.39b (up 106% from FY 2023). Profit margin: 5.4% (up from 2.9% 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 46% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.お知らせ • May 15NCD Co., Ltd., Annual General Meeting, Jun 26, 2024NCD Co., Ltd., Annual General Meeting, Jun 26, 2024.分析記事 • May 10We Think NCD (TSE:4783) Can Manage Its Debt With EaseDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Buy Or Sell Opportunity • May 09Now 22% undervaluedOver the last 90 days, the stock has risen 14% to JP¥1,570. The fair value is estimated to be JP¥2,019, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 43%.Upcoming Dividend • Mar 21Upcoming dividend of JP¥34.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).分析記事 • Mar 12NCD (TSE:4783) Is Increasing Its Dividend To ¥34.00NCD Co., Ltd.'s ( TSE:4783 ) dividend will be increasing from last year's payment of the same period to ¥34.00 on 1st...お知らせ • Mar 03NCD Co., Ltd. to Report Fiscal Year 2024 Results on May 13, 2024NCD Co., Ltd. announced that they will report fiscal year 2024 results on May 13, 2024分析記事 • Feb 28Even With A 26% Surge, Cautious Investors Are Not Rewarding NCD Co., Ltd.'s (TSE:4783) Performance CompletelyNCD Co., Ltd. ( TSE:4783 ) shares have continued their recent momentum with a 26% gain in the last month alone. The...分析記事 • Feb 27NCD (TSE:4783) Is Increasing Its Dividend To ¥34.00NCD Co., Ltd. ( TSE:4783 ) will increase its dividend from last year's comparable payment on the 1st of July to ¥34.00...Valuation Update With 7 Day Price Move • Feb 16Investor sentiment improves as stock rises 25%After last week's 25% share price gain to JP¥1,727, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 222% over the past three years.Reported Earnings • Feb 11Third quarter 2024 earnings released: EPS: JP¥47.42 (vs JP¥36.92 in 3Q 2023)Third quarter 2024 results: EPS: JP¥47.42 (up from JP¥36.92 in 3Q 2023). Revenue: JP¥6.31b (up 7.1% from 3Q 2023). Net income: JP¥388.0m (up 30% from 3Q 2023). Profit margin: 6.1% (up from 5.1% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 09+ 1 more updateNCD Co., Ltd. Announces Consolidated Earnings Forecast for the Fiscal Year Ending March 31, 2024NCD Co., Ltd. announced consolidated earnings forecast for the fiscal year ending March 31, 2024. For the year, the company expects net sales of JPY 25,000 million, operating profit of JPY 2,100 million, profit attributable to owners of parent of JPY 1,350 million and basic earnings per share of JPY 165.72 against previous guidance of net sales of JPY 23,500 million, operating profit of JPY 1,400 million, profit attributable to owners of parent of JPY 850 million and basic earnings per share of JPY 105.31.お知らせ • Dec 03Nippon Computer Dynamics Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024Nippon Computer Dynamics Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improves as stock rises 29%After last week's 29% share price gain to JP¥1,200, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 145% over the past three years.New Risk • Nov 13New 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 5.6% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.6% average weekly change). Market cap is less than US$100m (JP¥7.60b market cap, or US$50.1m).Reported Earnings • Nov 12Second quarter 2024 earnings released: EPS: JP¥53.24 (vs JP¥22.80 in 2Q 2023)Second quarter 2024 results: EPS: JP¥53.24 (up from JP¥22.80 in 2Q 2023). Revenue: JP¥6.13b (up 14% from 2Q 2023). Net income: JP¥434.0m (up 136% from 2Q 2023). Profit margin: 7.1% (up from 3.4% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 28Nippon Computer Dynamics Co., Ltd. to Report Q2, 2024 Results on Nov 10, 2023Nippon Computer Dynamics Co., Ltd. announced that they will report Q2, 2024 results on Nov 10, 2023Upcoming Dividend • Sep 21Upcoming dividend of JP¥16.00 per share at 3.2% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 23% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.5%).Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: JP¥20.67 (vs JP¥17.35 in 1Q 2023)First quarter 2024 results: EPS: JP¥20.67 (up from JP¥17.35 in 1Q 2023). Revenue: JP¥5.77b (up 8.8% from 1Q 2023). Net income: JP¥166.8m (up 19% from 1Q 2023). Profit margin: 2.9% (up from 2.6% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 22% per year.お知らせ • May 31Nippon Computer Dynamics Co., Ltd. to Report Q1, 2024 Results on Aug 10, 2023Nippon Computer Dynamics Co., Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023Reported Earnings • May 17Full year 2023 earnings released: EPS: JP¥83.26 (vs JP¥56.75 in FY 2022)Full year 2023 results: EPS: JP¥83.26 (up from JP¥56.75 in FY 2022). Revenue: JP¥22.9b (up 11% from FY 2022). Net income: JP¥672.0m (up 47% from FY 2022). Profit margin: 2.9% (up from 2.2% in FY 2022). 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 8% per year.Valuation Update With 7 Day Price Move • May 17Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥947, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 35% over the past three years.Upcoming Dividend • Mar 23Upcoming dividend of JP¥13.00 per share at 1.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (1.7%).Reported Earnings • Feb 10Third quarter 2023 earnings released: EPS: JP¥36.92 (vs JP¥34.82 in 3Q 2022)Third quarter 2023 results: EPS: JP¥36.92 (up from JP¥34.82 in 3Q 2022). Revenue: JP¥5.89b (up 7.1% from 3Q 2022). Net income: JP¥298.0m (up 6.0% from 3Q 2022). Profit margin: 5.1% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Dec 17Nippon Computer Dynamics Co., Ltd. to Report Q3, 2023 Results on Feb 08, 2023Nippon Computer Dynamics Co., Ltd. announced that they will report Q3, 2023 results on Feb 08, 2023Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥22.80 (vs JP¥19.58 in 2Q 2022)Second quarter 2023 results: EPS: JP¥22.80 (up from JP¥19.58 in 2Q 2022). Revenue: JP¥5.36b (up 14% from 2Q 2022). Net income: JP¥184.0m (up 17% from 2Q 2022). Profit margin: 3.4% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 3% per year.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Masaaki Yasuoka was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 13Second quarter 2023 earnings released: EPS: JP¥22.80 (vs JP¥19.58 in 2Q 2022)Second quarter 2023 results: EPS: JP¥22.80 (up from JP¥19.58 in 2Q 2022). Revenue: JP¥5.36b (up 14% from 2Q 2022). Net income: JP¥184.0m (up 17% from 2Q 2022). Profit margin: 3.4% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 4% per year.Upcoming Dividend • Sep 22Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).お知らせ • Sep 01Nippon Computer Dynamics Co., Ltd. to Report Q2, 2023 Results on Nov 11, 2022Nippon Computer Dynamics Co., Ltd. announced that they will report Q2, 2023 results on Nov 11, 2022Reported Earnings • Aug 12First quarter 2023 earnings released: EPS: JP¥17.35 (vs JP¥13.75 in 1Q 2022)First quarter 2023 results: EPS: JP¥17.35 (up from JP¥13.75 in 1Q 2022). Revenue: JP¥5.31b (up 17% from 1Q 2022). Net income: JP¥140.0m (up 26% from 1Q 2022). Profit margin: 2.6% (up from 2.4% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has remained flat.お知らせ • Jun 01Nippon Computer Dynamics Co., Ltd. to Report Q1, 2023 Results on Aug 10, 2022Nippon Computer Dynamics Co., Ltd. announced that they will report Q1, 2023 results on Aug 10, 2022Reported Earnings • May 18Full year 2022 earnings released: EPS: JP¥56.75 (vs JP¥18.04 in FY 2021)Full year 2022 results: EPS: JP¥56.75 (up from JP¥18.04 in FY 2021). Revenue: JP¥20.6b (up 17% from FY 2021). Net income: JP¥458.0m (up 216% from FY 2021). Profit margin: 2.2% (up from 0.8% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 8% per year.お知らせ • May 18Nippon Computer Dynamics Co., Ltd., Annual General Meeting, Jun 28, 2022Nippon Computer Dynamics Co., Ltd., Annual General Meeting, Jun 28, 2022.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Masaaki Yasuoka was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 08Nippon Computer Dynamics Co., Ltd. to Report Fiscal Year 2022 Results on May 16, 2022Nippon Computer Dynamics Co., Ltd. announced that they will report fiscal year 2022 results on May 16, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 29 June 2022. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%).Reported Earnings • Feb 07Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥34.82 (up from JP¥0.50 in 3Q 2021). Revenue: JP¥5.50b (up 30% from 3Q 2021). Net income: JP¥281.0m (up JP¥277.0m from 3Q 2021). Profit margin: 5.1% (up from 0.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 13% per year.Reported Earnings • Nov 11Second quarter 2022 earnings released: EPS JP¥19.58 (vs JP¥10.05 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥4.70b (up 9.3% from 2Q 2021). Net income: JP¥158.0m (up 95% from 2Q 2021). Profit margin: 3.4% (up from 1.9% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 02 December 2021. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.2%).Reported Earnings • Aug 06First quarter 2022 earnings released: EPS JP¥13.75 (vs JP¥11.71 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥4.55b (up 12% from 1Q 2021). Net income: JP¥111.0m (up JP¥204.0m from 1Q 2021). Profit margin: 2.4% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.分析記事 • Apr 21Returns On Capital At Nippon Computer Dynamics (TYO:4783) Have Hit The BrakesFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...業績と収益の成長予測TSE:4783 - アナリストの将来予測と過去の財務データ ( )JPY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/202834,0001,850N/AN/A13/31/202732,4001,700N/AN/A13/31/202631,0001,700N/AN/A112/31/202530,4051,663N/AN/AN/A9/30/202530,2871,6481,8462,177N/A6/30/202530,3641,809N/AN/AN/A3/31/202530,1061,9051,9662,270N/A12/31/202429,4531,895N/AN/AN/A9/30/202428,3361,7471,8612,148N/A6/30/202426,7401,548N/AN/AN/A3/31/202425,4811,3872,3492,574N/A12/31/202324,5031,038N/AN/AN/A9/30/202324,0859481,1151,441N/A6/30/202323,318698N/AN/AN/A3/31/202322,853672-68568N/A12/31/202222,362530N/AN/AN/A9/30/202221,974513319921N/A6/30/202221,311487N/AN/AN/A3/31/202220,5504581,3741,918N/A12/31/202119,719703N/AN/AN/A9/30/202118,4354265431,039N/A6/30/202118,034349N/AN/AN/A3/31/202117,563145-89218N/A12/31/202017,815224N/AN/AN/A9/30/202018,014406390764N/A6/30/202018,370525N/AN/AN/A3/31/202018,390648-52376N/A12/31/201917,783456N/AN/AN/A9/30/201917,568452N/A267N/A6/30/201917,175507N/AN/AN/A3/31/201917,007615N/A416N/A12/31/201816,630678N/AN/AN/A9/30/201816,502637N/A337N/A6/30/201816,381596N/AN/AN/A3/31/201816,237526N/A791N/A12/31/201716,282529N/AN/AN/A9/30/201715,946438N/A899N/A6/30/201715,610314N/AN/AN/A3/31/201715,405249N/A782N/A12/31/201615,169263N/AN/AN/A9/30/201614,881278N/A662N/A6/30/201614,467309N/AN/AN/A3/31/201613,843205N/A480N/A12/31/201513,795115N/AN/AN/A9/30/201513,42336N/A478N/A6/30/201513,198-14N/AN/AN/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 4783の予測収益成長率 (年間4.2% ) は 貯蓄率 ( 0.8% ) を上回っています。収益対市場: 4783の収益 ( 4.2% ) JP市場 ( 10.1% ) よりも低い成長が予測されています。高成長収益: 4783の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 4783の収益 ( 4.9% ) JP市場 ( 5.9% ) よりも低い成長が予測されています。高い収益成長: 4783の収益 ( 4.9% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 4783の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YSoftware 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/07 14:44終値2026/05/07 00:00収益2025/12/31年間収益2025/03/31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NCD Co., Ltd. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Teruo IsozakiIchiyoshi Research Institute Inc.null nullInvestment Bridge Co., Ltd.
お知らせ • Nov 08+ 1 more updateNCD Co., Ltd. Revises Earnings Guidance for the Year Ending March 31, 2025NCD Co., Ltd. revised earnings guidance for the year ending March 31, 2025. For the year, the company expects revised net sales of JPY 30,000 million, operating profit of JPY 2,700 million, profit attributable to owners of parent of JPY 1800 million and basic earnings per share of JPY 220.04 per share against net sales of JPY 28,000 million, operating profit of JPY 2,200 million, profit attributable to owners of parent of JPY 1450 million and basic earnings per share of JPY 177.25 per share. Reason for the revision: In addition to the expansion of the business domain in the IT-related business, mainly projects for insurance companies, in the parking system business, net sales for the full year are expected to exceed the previous forecast due to steady growth of usage fee income as a result of the bicycle parking rate revision. Operating profit, ordinary profit and profit attributable to owners of parent are expected to exceed the previous forecast by a significant margin due mainly to the improved service quality and significant improvements in profitability thanks to the evolution and expansion of "NCD Service Model," the main strategy of the IT-related business offsetting increased personnel expenses due to a wage increase, in addition to the effect of increased revenue. Thus, the Company has revised the full-year forecast.
お知らせ • Feb 09+ 1 more updateNCD Co., Ltd. Announces Consolidated Earnings Forecast for the Fiscal Year Ending March 31, 2024NCD Co., Ltd. announced consolidated earnings forecast for the fiscal year ending March 31, 2024. For the year, the company expects net sales of JPY 25,000 million, operating profit of JPY 2,100 million, profit attributable to owners of parent of JPY 1,350 million and basic earnings per share of JPY 165.72 against previous guidance of net sales of JPY 23,500 million, operating profit of JPY 1,400 million, profit attributable to owners of parent of JPY 850 million and basic earnings per share of JPY 105.31.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.8%).
Buy Or Sell Opportunity • Mar 04Now 23% undervaluedOver the last 90 days, the stock has risen 15% to JP¥3,080. The fair value is estimated to be JP¥3,997, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 34%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 14% in the next 2 years.
Reported Earnings • Feb 07Third quarter 2026 earnings released: EPS: JP¥67.23 (vs JP¥65.33 in 3Q 2025)Third quarter 2026 results: EPS: JP¥67.23 (up from JP¥65.33 in 3Q 2025). Revenue: JP¥7.54b (up 1.6% from 3Q 2025). Net income: JP¥550.0m (up 2.9% from 3Q 2025). Profit margin: 7.3% (up from 7.2% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Feb 06NCD (TSE:4783) Will Pay A Dividend Of ¥60.00NCD Co., Ltd. ( TSE:4783 ) will pay a dividend of ¥60.00 on the 25th of June. This takes the dividend yield to 3.7...
お知らせ • Feb 06NCD Co., Ltd. (TSE:4783) announces an Equity Buyback for 160,000 shares, representing 1.96% for ¥500 million.NCD Co., Ltd. (TSE:4783) announces a share repurchase program. Under the program, the company will repurchase up to 160,000 shares, representing 1.96% of its total shares outstanding excluding treasury shares, for a total of ¥500 million. The Company will repurchase its own shares and cancel its treasury shares to further improve capital efficiency, enhance shareholder returns, and enable the flexible execution of a capital strategy. The program will be valid until April 30, 2026. As of January 31, 2026, the company has 8,180,116 shares outstanding excluding treasury shares and has 619,884 shares in treasury.
New Risk • Jan 08New 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 5.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
分析記事 • Dec 28NCD (TSE:4783) Has Announced A Dividend Of ¥60.00NCD Co., Ltd. ( TSE:4783 ) has announced that it will pay a dividend of ¥60.00 per share on the 25th of June. This...
お知らせ • Dec 27NCD Co., Ltd. to Report Q3, 2026 Results on Feb 06, 2026NCD Co., Ltd. announced that they will report Q3, 2026 results on Feb 06, 2026
分析記事 • Dec 03NCD (TSE:4783) Will Pay A Dividend Of ¥60.00The board of NCD Co., Ltd. ( TSE:4783 ) has announced that it will pay a dividend of ¥60.00 per share on the 25th of...
Declared Dividend • Dec 03First half dividend of JP¥60.00 announcedShareholders will receive a dividend of JP¥60.00. Ex-date: 30th March 2026 Payment date: 25th June 2026 Dividend yield will be 4.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (48% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 28% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 46% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Dec 01Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.1% to JP¥2,621. The fair value is estimated to be JP¥3,425, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 41%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 37% in the next 2 years.
分析記事 • Nov 14Some Investors May Be Willing To Look Past NCD's (TSE:4783) Soft EarningsNCD Co., Ltd.'s ( TSE:4783 ) earnings announcement last week didn't impress shareholders. While the headline numbers...
Reported Earnings • Nov 08Second quarter 2026 earnings released: EPS: JP¥57.74 (vs JP¥77.45 in 2Q 2025)Second quarter 2026 results: EPS: JP¥57.74 (down from JP¥77.45 in 2Q 2025). Revenue: JP¥7.65b (down 1.0% from 2Q 2025). Net income: JP¥472.3m (down 25% from 2Q 2025). Profit margin: 6.2% (down from 8.2% in 2Q 2025). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Nov 06New 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 5.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 08 December 2025. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%).
分析記事 • Sep 03NCD's (TSE:4783) Upcoming Dividend Will Be Larger Than Last Year'sNCD Co., Ltd. ( TSE:4783 ) has announced that it will be increasing its dividend from last year's comparable payment on...
お知らせ • Sep 03NCD Co., Ltd. to Report Q2, 2026 Results on Nov 07, 2025NCD Co., Ltd. announced that they will report Q2, 2026 results on Nov 07, 2025
Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥28.12 (vs JP¥39.92 in 1Q 2025)First quarter 2026 results: EPS: JP¥28.12 (down from JP¥39.92 in 1Q 2025). Revenue: JP¥7.29b (up 3.7% from 1Q 2025). Net income: JP¥230.0m (down 30% from 1Q 2025). Profit margin: 3.2% (down from 4.6% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Jul 25Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to JP¥2,910. The fair value is estimated to be JP¥2,398, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 52%. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings are also forecast to grow by 7.0% per annum over the same time period.
分析記事 • Jul 24NCD's (TSE:4783) Dividend Will Be Increased To ¥60.00NCD Co., Ltd.'s ( TSE:4783 ) dividend will be increasing from last year's payment of the same period to ¥60.00 on 8th...
分析記事 • Jul 10NCD (TSE:4783) Will Pay A Larger Dividend Than Last Year At ¥60.00NCD Co., Ltd. ( TSE:4783 ) will increase its dividend from last year's comparable payment on the 8th of December to...
Declared Dividend • Jul 09Final dividend of JP¥60.00 announcedShareholders will receive a dividend of JP¥60.00. Ex-date: 29th September 2025 Payment date: 8th December 2025 Dividend yield will be 3.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 28% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Jul 08Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 35% to JP¥2,924. The fair value is estimated to be JP¥2,435, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 52%. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings are also forecast to grow by 7.0% per annum over the same time period.
お知らせ • Jun 27NCD Co., Ltd. to Report Q1, 2026 Results on Aug 08, 2025NCD Co., Ltd. announced that they will report Q1, 2026 results at 3:00 PM, Tokyo Standard Time on Aug 08, 2025
Reported Earnings • Jun 25Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥233 (up from JP¥170 in FY 2024). Revenue: JP¥30.1b (up 18% from FY 2024). Net income: JP¥1.91b (up 37% from FY 2024). Profit margin: 6.3% (up from 5.4% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.4%. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 15Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥233 (up from JP¥170 in FY 2024). Revenue: JP¥30.1b (up 18% from FY 2024). Net income: JP¥1.91b (up 37% from FY 2024). Profit margin: 6.3% (up from 5.4% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.4%. Revenue is forecast to grow 6.3% p.a. on average during the next 2 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 52% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 13NCD Co., Ltd., Annual General Meeting, Jun 24, 2025NCD Co., Ltd., Annual General Meeting, Jun 24, 2025.
分析記事 • May 07What NCD Co., Ltd.'s (TSE:4783) 33% Share Price Gain Is Not Telling YouThose holding NCD Co., Ltd. ( TSE:4783 ) shares would be relieved that the share price has rebounded 33% in the last...
分析記事 • Apr 20Are Investors Undervaluing NCD Co., Ltd. (TSE:4783) By 31%?Key Insights The projected fair value for NCD is JP¥3,757 based on 2 Stage Free Cash Flow to Equity Current share price...
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥2,035, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 17x in the IT industry in Japan. Total returns to shareholders of 222% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,757 per share.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥33.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.4%).
お知らせ • Mar 13NCD Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025NCD Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025
Valuation Update With 7 Day Price Move • Feb 14Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥2,486, the stock trades at a trailing P/E ratio of 10.7x. Average forward P/E is 19x in the IT industry in Japan. Total returns to shareholders of 289% over the past three years.
Reported Earnings • Feb 08Third quarter 2025 earnings released: EPS: JP¥65.28 (vs JP¥47.43 in 3Q 2024)Third quarter 2025 results: EPS: JP¥65.28 (up from JP¥47.43 in 3Q 2024). Revenue: JP¥7.43b (up 18% from 3Q 2024). Net income: JP¥534.0m (up 38% from 3Q 2024). Profit margin: 7.2% (up from 6.1% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Jan 27Is Now The Time To Put NCD (TSE:4783) On Your Watchlist?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
分析記事 • Jan 03Market Might Still Lack Some Conviction On NCD Co., Ltd. (TSE:4783) Even After 25% Share Price BoostDespite an already strong run, NCD Co., Ltd. ( TSE:4783 ) shares have been powering on, with a gain of 25% in the last...
New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (8.0% average weekly change).
分析記事 • Dec 13NCD (TSE:4783) Could Easily Take On More DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
お知らせ • Dec 13NCD Co., Ltd. to Report Q3, 2025 Results on Feb 07, 2025NCD Co., Ltd. announced that they will report Q3, 2025 results on Feb 07, 2025
Declared Dividend • Dec 07First half dividend of JP¥33.00 announcedShareholders will receive a dividend of JP¥33.00. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 2.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 30% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Nov 15Investor sentiment improves as stock rises 23%After last week's 23% share price gain to JP¥2,103, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 231% over the past three years.
分析記事 • Nov 12Market Might Still Lack Some Conviction On NCD Co., Ltd. (TSE:4783) Even After 27% Share Price BoostNCD Co., Ltd. ( TSE:4783 ) shares have had a really impressive month, gaining 27% after a shaky period beforehand...
Reported Earnings • Nov 10Second quarter 2025 earnings released: EPS: JP¥77.44 (vs JP¥53.25 in 2Q 2024)Second quarter 2025 results: EPS: JP¥77.44 (up from JP¥53.25 in 2Q 2024). Revenue: JP¥7.73b (up 26% from 2Q 2024). Net income: JP¥633.5m (up 46% from 2Q 2024). Profit margin: 8.2% (up from 7.1% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 08+ 1 more updateNCD Co., Ltd. Revises Earnings Guidance for the Year Ending March 31, 2025NCD Co., Ltd. revised earnings guidance for the year ending March 31, 2025. For the year, the company expects revised net sales of JPY 30,000 million, operating profit of JPY 2,700 million, profit attributable to owners of parent of JPY 1800 million and basic earnings per share of JPY 220.04 per share against net sales of JPY 28,000 million, operating profit of JPY 2,200 million, profit attributable to owners of parent of JPY 1450 million and basic earnings per share of JPY 177.25 per share. Reason for the revision: In addition to the expansion of the business domain in the IT-related business, mainly projects for insurance companies, in the parking system business, net sales for the full year are expected to exceed the previous forecast due to steady growth of usage fee income as a result of the bicycle parking rate revision. Operating profit, ordinary profit and profit attributable to owners of parent are expected to exceed the previous forecast by a significant margin due mainly to the improved service quality and significant improvements in profitability thanks to the evolution and expansion of "NCD Service Model," the main strategy of the IT-related business offsetting increased personnel expenses due to a wage increase, in addition to the effect of increased revenue. Thus, the Company has revised the full-year forecast.
New Risk • Oct 03New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.6b (US$99.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.8% average weekly change). Market cap is less than US$100m (JP¥14.6b market cap, or US$99.3m).
Upcoming Dividend • Sep 20Upcoming dividend of JP¥27.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%).
分析記事 • Aug 29NCD (TSE:4783) Has Announced A Dividend Of ¥27.00NCD Co., Ltd. ( TSE:4783 ) will pay a dividend of ¥27.00 on the 4th of December. This makes the dividend yield 2.9...
お知らせ • Aug 29NCD Co., Ltd. to Report Q2, 2025 Results on Nov 08, 2024NCD Co., Ltd. announced that they will report Q2, 2025 results on Nov 08, 2024
Reported Earnings • Aug 13First quarter 2025 earnings released: EPS: JP¥39.92 (vs JP¥20.57 in 1Q 2024)First quarter 2025 results: EPS: JP¥39.92 (up from JP¥20.57 in 1Q 2024). Revenue: JP¥7.03b (up 22% from 1Q 2024). Net income: JP¥326.5m (up 97% from 1Q 2024). Profit margin: 4.6% (up from 2.9% 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 45% per year whereas the company’s share price has increased by 41% per year.
分析記事 • Aug 05Slammed 29% NCD Co., Ltd. (TSE:4783) Screens Well Here But There Might Be A CatchThe NCD Co., Ltd. ( TSE:4783 ) share price has fared very poorly over the last month, falling by a substantial 29...
New Risk • Aug 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.7% 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 (7.7% average weekly change). Minor Risk Market cap is less than US$100m (JP¥10.5b market cap, or US$73.9m).
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 28%After last week's 28% share price decline to JP¥1,287, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 110% over the past three years.
分析記事 • Jul 26NCD (TSE:4783) Will Pay A Dividend Of ¥27.00NCD Co., Ltd. ( TSE:4783 ) has announced that it will pay a dividend of ¥27.00 per share on the 4th of December. This...
分析記事 • Jul 11NCD's (TSE:4783) Dividend Will Be ¥27.00NCD Co., Ltd. ( TSE:4783 ) has announced that it will pay a dividend of ¥27.00 per share on the 4th of December. This...
Declared Dividend • Jul 11Final dividend of JP¥27.00 announcedShareholders will receive a dividend of JP¥27.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 3.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
分析記事 • May 22We Think NCD's (TSE:4783) Robust Earnings Are ConservativeThe subdued stock price reaction suggests that NCD Co., Ltd.'s ( TSE:4783 ) strong earnings didn't offer any surprises...
Reported Earnings • May 16Full year 2024 earnings released: EPS: JP¥170 (vs JP¥83.26 in FY 2023)Full year 2024 results: EPS: JP¥170 (up from JP¥83.26 in FY 2023). Revenue: JP¥25.5b (up 12% from FY 2023). Net income: JP¥1.39b (up 106% from FY 2023). Profit margin: 5.4% (up from 2.9% 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 46% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.
お知らせ • May 15NCD Co., Ltd., Annual General Meeting, Jun 26, 2024NCD Co., Ltd., Annual General Meeting, Jun 26, 2024.
分析記事 • May 10We Think NCD (TSE:4783) Can Manage Its Debt With EaseDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Buy Or Sell Opportunity • May 09Now 22% undervaluedOver the last 90 days, the stock has risen 14% to JP¥1,570. The fair value is estimated to be JP¥2,019, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 43%.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥34.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).
分析記事 • Mar 12NCD (TSE:4783) Is Increasing Its Dividend To ¥34.00NCD Co., Ltd.'s ( TSE:4783 ) dividend will be increasing from last year's payment of the same period to ¥34.00 on 1st...
お知らせ • Mar 03NCD Co., Ltd. to Report Fiscal Year 2024 Results on May 13, 2024NCD Co., Ltd. announced that they will report fiscal year 2024 results on May 13, 2024
分析記事 • Feb 28Even With A 26% Surge, Cautious Investors Are Not Rewarding NCD Co., Ltd.'s (TSE:4783) Performance CompletelyNCD Co., Ltd. ( TSE:4783 ) shares have continued their recent momentum with a 26% gain in the last month alone. The...
分析記事 • Feb 27NCD (TSE:4783) Is Increasing Its Dividend To ¥34.00NCD Co., Ltd. ( TSE:4783 ) will increase its dividend from last year's comparable payment on the 1st of July to ¥34.00...
Valuation Update With 7 Day Price Move • Feb 16Investor sentiment improves as stock rises 25%After last week's 25% share price gain to JP¥1,727, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 222% over the past three years.
Reported Earnings • Feb 11Third quarter 2024 earnings released: EPS: JP¥47.42 (vs JP¥36.92 in 3Q 2023)Third quarter 2024 results: EPS: JP¥47.42 (up from JP¥36.92 in 3Q 2023). Revenue: JP¥6.31b (up 7.1% from 3Q 2023). Net income: JP¥388.0m (up 30% from 3Q 2023). Profit margin: 6.1% (up from 5.1% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 09+ 1 more updateNCD Co., Ltd. Announces Consolidated Earnings Forecast for the Fiscal Year Ending March 31, 2024NCD Co., Ltd. announced consolidated earnings forecast for the fiscal year ending March 31, 2024. For the year, the company expects net sales of JPY 25,000 million, operating profit of JPY 2,100 million, profit attributable to owners of parent of JPY 1,350 million and basic earnings per share of JPY 165.72 against previous guidance of net sales of JPY 23,500 million, operating profit of JPY 1,400 million, profit attributable to owners of parent of JPY 850 million and basic earnings per share of JPY 105.31.
お知らせ • Dec 03Nippon Computer Dynamics Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024Nippon Computer Dynamics Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024
Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improves as stock rises 29%After last week's 29% share price gain to JP¥1,200, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 145% over the past three years.
New Risk • Nov 13New 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 5.6% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.6% average weekly change). Market cap is less than US$100m (JP¥7.60b market cap, or US$50.1m).
Reported Earnings • Nov 12Second quarter 2024 earnings released: EPS: JP¥53.24 (vs JP¥22.80 in 2Q 2023)Second quarter 2024 results: EPS: JP¥53.24 (up from JP¥22.80 in 2Q 2023). Revenue: JP¥6.13b (up 14% from 2Q 2023). Net income: JP¥434.0m (up 136% from 2Q 2023). Profit margin: 7.1% (up from 3.4% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 28Nippon Computer Dynamics Co., Ltd. to Report Q2, 2024 Results on Nov 10, 2023Nippon Computer Dynamics Co., Ltd. announced that they will report Q2, 2024 results on Nov 10, 2023
Upcoming Dividend • Sep 21Upcoming dividend of JP¥16.00 per share at 3.2% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 23% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.5%).
Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: JP¥20.67 (vs JP¥17.35 in 1Q 2023)First quarter 2024 results: EPS: JP¥20.67 (up from JP¥17.35 in 1Q 2023). Revenue: JP¥5.77b (up 8.8% from 1Q 2023). Net income: JP¥166.8m (up 19% from 1Q 2023). Profit margin: 2.9% (up from 2.6% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 22% per year.
お知らせ • May 31Nippon Computer Dynamics Co., Ltd. to Report Q1, 2024 Results on Aug 10, 2023Nippon Computer Dynamics Co., Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023
Reported Earnings • May 17Full year 2023 earnings released: EPS: JP¥83.26 (vs JP¥56.75 in FY 2022)Full year 2023 results: EPS: JP¥83.26 (up from JP¥56.75 in FY 2022). Revenue: JP¥22.9b (up 11% from FY 2022). Net income: JP¥672.0m (up 47% from FY 2022). Profit margin: 2.9% (up from 2.2% in FY 2022). 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 8% per year.
Valuation Update With 7 Day Price Move • May 17Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥947, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 35% over the past three years.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥13.00 per share at 1.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (1.7%).
Reported Earnings • Feb 10Third quarter 2023 earnings released: EPS: JP¥36.92 (vs JP¥34.82 in 3Q 2022)Third quarter 2023 results: EPS: JP¥36.92 (up from JP¥34.82 in 3Q 2022). Revenue: JP¥5.89b (up 7.1% from 3Q 2022). Net income: JP¥298.0m (up 6.0% from 3Q 2022). Profit margin: 5.1% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Dec 17Nippon Computer Dynamics Co., Ltd. to Report Q3, 2023 Results on Feb 08, 2023Nippon Computer Dynamics Co., Ltd. announced that they will report Q3, 2023 results on Feb 08, 2023
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥22.80 (vs JP¥19.58 in 2Q 2022)Second quarter 2023 results: EPS: JP¥22.80 (up from JP¥19.58 in 2Q 2022). Revenue: JP¥5.36b (up 14% from 2Q 2022). Net income: JP¥184.0m (up 17% from 2Q 2022). Profit margin: 3.4% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 3% per year.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Masaaki Yasuoka was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 13Second quarter 2023 earnings released: EPS: JP¥22.80 (vs JP¥19.58 in 2Q 2022)Second quarter 2023 results: EPS: JP¥22.80 (up from JP¥19.58 in 2Q 2022). Revenue: JP¥5.36b (up 14% from 2Q 2022). Net income: JP¥184.0m (up 17% from 2Q 2022). Profit margin: 3.4% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 4% per year.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).
お知らせ • Sep 01Nippon Computer Dynamics Co., Ltd. to Report Q2, 2023 Results on Nov 11, 2022Nippon Computer Dynamics Co., Ltd. announced that they will report Q2, 2023 results on Nov 11, 2022
Reported Earnings • Aug 12First quarter 2023 earnings released: EPS: JP¥17.35 (vs JP¥13.75 in 1Q 2022)First quarter 2023 results: EPS: JP¥17.35 (up from JP¥13.75 in 1Q 2022). Revenue: JP¥5.31b (up 17% from 1Q 2022). Net income: JP¥140.0m (up 26% from 1Q 2022). Profit margin: 2.6% (up from 2.4% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has remained flat.
お知らせ • Jun 01Nippon Computer Dynamics Co., Ltd. to Report Q1, 2023 Results on Aug 10, 2022Nippon Computer Dynamics Co., Ltd. announced that they will report Q1, 2023 results on Aug 10, 2022
Reported Earnings • May 18Full year 2022 earnings released: EPS: JP¥56.75 (vs JP¥18.04 in FY 2021)Full year 2022 results: EPS: JP¥56.75 (up from JP¥18.04 in FY 2021). Revenue: JP¥20.6b (up 17% from FY 2021). Net income: JP¥458.0m (up 216% from FY 2021). Profit margin: 2.2% (up from 0.8% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 8% per year.
お知らせ • May 18Nippon Computer Dynamics Co., Ltd., Annual General Meeting, Jun 28, 2022Nippon Computer Dynamics Co., Ltd., Annual General Meeting, Jun 28, 2022.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Masaaki Yasuoka was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 08Nippon Computer Dynamics Co., Ltd. to Report Fiscal Year 2022 Results on May 16, 2022Nippon Computer Dynamics Co., Ltd. announced that they will report fiscal year 2022 results on May 16, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 29 June 2022. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%).
Reported Earnings • Feb 07Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥34.82 (up from JP¥0.50 in 3Q 2021). Revenue: JP¥5.50b (up 30% from 3Q 2021). Net income: JP¥281.0m (up JP¥277.0m from 3Q 2021). Profit margin: 5.1% (up from 0.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 13% per year.
Reported Earnings • Nov 11Second quarter 2022 earnings released: EPS JP¥19.58 (vs JP¥10.05 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥4.70b (up 9.3% from 2Q 2021). Net income: JP¥158.0m (up 95% from 2Q 2021). Profit margin: 3.4% (up from 1.9% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 02 December 2021. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.2%).
Reported Earnings • Aug 06First quarter 2022 earnings released: EPS JP¥13.75 (vs JP¥11.71 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥4.55b (up 12% from 1Q 2021). Net income: JP¥111.0m (up JP¥204.0m from 1Q 2021). Profit margin: 2.4% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
分析記事 • Apr 21Returns On Capital At Nippon Computer Dynamics (TYO:4783) Have Hit The BrakesFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...