View Future GrowthBusiness Engineering 過去の業績過去 基準チェック /66Business Engineeringは、平均年間25.1%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11.8% 6.4%収益成長率で 成長しています。 Business Engineeringの自己資本利益率は30.4%であり、純利益率は20%です。主要情報25.11%収益成長率25.04%EPS成長率IT 業界の成長14.26%収益成長率6.37%株主資本利益率30.43%ネット・マージン20.01%前回の決算情報31 Mar 2026最近の業績更新お知らせ • May 09Business Engineering Corporation to Report Fiscal Year 2026 Results on May 12, 2026Business Engineering Corporation announced that they will report fiscal year 2026 results on May 12, 2026Reported Earnings • Feb 07Third quarter 2026 earnings releasedThird quarter 2026 results: Revenue: JP¥6.30b (up 22% from 3Q 2025). Net income: JP¥1.21b (up 44% from 3Q 2025). Profit margin: 19% (up from 16% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the IT industry in Japan.お知らせ • Dec 27Business Engineering Corporation to Report Q3, 2026 Results on Feb 06, 2026Business Engineering Corporation announced that they will report Q3, 2026 results on Feb 06, 2026Reported Earnings • Nov 08Second quarter 2026 earnings released: EPS: JP¥93.32 (vs JP¥71.40 in 2Q 2025)Second quarter 2026 results: EPS: JP¥93.32 (up from JP¥71.40 in 2Q 2025). Revenue: JP¥6.24b (up 24% from 2Q 2025). Net income: JP¥1.12b (up 31% from 2Q 2025). Profit margin: 18% (in line with 2Q 2025). Revenue is forecast to grow 6.4% 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 22% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Sep 26Business Engineering Corporation to Report Q2, 2026 Results on Nov 07, 2025Business Engineering Corporation announced that they will report Q2, 2026 results on Nov 07, 2025Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥114 (vs JP¥67.06 in 1Q 2025)First quarter 2026 results: EPS: JP¥114 (up from JP¥67.06 in 1Q 2025). Revenue: JP¥6.04b (up 20% from 1Q 2025). Net income: JP¥1.37b (up 71% from 1Q 2025). Profit margin: 23% (up from 16% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.2% 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 19% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.すべての更新を表示Recent updatesNew Risk • May 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.9% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (7.0% average weekly change).お知らせ • May 12Business Engineering Corporation, Annual General Meeting, Jun 19, 2026Business Engineering Corporation, Annual General Meeting, Jun 19, 2026.お知らせ • May 09Business Engineering Corporation to Report Fiscal Year 2026 Results on May 12, 2026Business Engineering Corporation announced that they will report fiscal year 2026 results on May 12, 2026Buy Or Sell Opportunity • Apr 15Now 23% overvaluedOver the last 90 days, the stock has fallen 22% to JP¥1,285. The fair value is estimated to be JP¥1,041, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 5.1% in 2 years. Earnings are forecast to grow by 8.1% in the next 2 years.Buy Or Sell Opportunity • Mar 24Now 21% overvaluedOver the last 90 days, the stock has fallen 25% to JP¥1,234. The fair value is estimated to be JP¥1,019, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 5.1% in 2 years. Earnings are forecast to grow by 8.1% in the next 2 years.Upcoming Dividend • Mar 23Upcoming dividend of JP¥26.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 36% and the cash payout ratio is 88%. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.8%).Buy Or Sell Opportunity • Feb 09Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 4.5% to JP¥1,365. The fair value is estimated to be JP¥1,096, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 45%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 13% in the next 2 years.Reported Earnings • Feb 07Third quarter 2026 earnings releasedThird quarter 2026 results: Revenue: JP¥6.30b (up 22% from 3Q 2025). Net income: JP¥1.21b (up 44% from 3Q 2025). Profit margin: 19% (up from 16% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the IT industry in Japan.New Risk • Dec 28New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 372% Dividend yield: 13% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (372% cash payout ratio). Share price has been volatile over the past 3 months (5.7% average weekly change).分析記事 • Dec 28Business Engineering (TSE:4828) Is Paying Out A Larger Dividend Than Last YearBusiness Engineering Corporation ( TSE:4828 ) will increase its dividend from last year's comparable payment on the...お知らせ • Dec 27Business Engineering Corporation to Report Q3, 2026 Results on Feb 06, 2026Business Engineering Corporation announced that they will report Q3, 2026 results on Feb 06, 2026Buy Or Sell Opportunity • Dec 18Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 28% to JP¥8,000. The fair value is estimated to be JP¥6,516, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 20% in the next 2 years.分析記事 • Dec 03Business Engineering (TSE:4828) Is Increasing Its Dividend To ¥110.00Business Engineering Corporation's ( TSE:4828 ) dividend will be increasing from last year's payment of the same period...Buy Or Sell Opportunity • Dec 03Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 36% to JP¥7,930. The fair value is estimated to be JP¥6,546, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 20% in the next 2 years.Declared Dividend • Dec 03First half dividend of JP¥110 announcedShareholders will receive a dividend of JP¥110. Ex-date: 30th March 2026 Payment date: 23rd June 2026 Dividend yield will be 2.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (39% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 41% 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 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • Nov 28Earnings Not Telling The Story For Business Engineering Corporation (TSE:4828) After Shares Rise 26%Business Engineering Corporation ( TSE:4828 ) shareholders have had their patience rewarded with a 26% share price jump...分析記事 • Nov 12Business Engineering (TSE:4828) Knows How To Allocate CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...Reported Earnings • Nov 08Second quarter 2026 earnings released: EPS: JP¥93.32 (vs JP¥71.40 in 2Q 2025)Second quarter 2026 results: EPS: JP¥93.32 (up from JP¥71.40 in 2Q 2025). Revenue: JP¥6.24b (up 24% from 2Q 2025). Net income: JP¥1.12b (up 31% from 2Q 2025). Profit margin: 18% (in line with 2Q 2025). Revenue is forecast to grow 6.4% 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 22% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Oct 29New 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 5.3% 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 • Sep 26Business Engineering's (TSE:4828) Shareholders Will Receive A Bigger Dividend Than Last YearThe board of Business Engineering Corporation ( TSE:4828 ) has announced that it will be paying its dividend of ¥78.00...お知らせ • Sep 26Business Engineering Corporation to Report Q2, 2026 Results on Nov 07, 2025Business Engineering Corporation announced that they will report Q2, 2026 results on Nov 07, 2025Upcoming Dividend • Sep 22Upcoming dividend of JP¥78.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 31% and the cash payout ratio is 78%. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%).分析記事 • Aug 27Subdued Growth No Barrier To Business Engineering Corporation (TSE:4828) With Shares Advancing 25%Business Engineering Corporation ( TSE:4828 ) shareholders have had their patience rewarded with a 25% share price jump...分析記事 • Aug 13Business Engineering (TSE:4828) Is Increasing Its Dividend To ¥78.00The board of Business Engineering Corporation ( TSE:4828 ) has announced that it will be paying its dividend of ¥78.00...Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥114 (vs JP¥67.06 in 1Q 2025)First quarter 2026 results: EPS: JP¥114 (up from JP¥67.06 in 1Q 2025). Revenue: JP¥6.04b (up 20% from 1Q 2025). Net income: JP¥1.37b (up 71% from 1Q 2025). Profit margin: 23% (up from 16% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.2% 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 19% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥5,940, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 21x in the IT industry in Japan. Total returns to shareholders of 156% over the past three years.分析記事 • Jul 24Business Engineering (TSE:4828) Is Increasing Its Dividend To ¥78.00Business Engineering Corporation ( TSE:4828 ) will increase its dividend from last year's comparable payment on the 3rd...New Risk • Jul 17New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 0% Dividend yield: 2.0% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. High level of non-cash earnings (27% accrual ratio). Minor Risk Dividend is not well covered by cash flows (0% cash payout ratio).New Risk • Jul 11New 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. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (27% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (5.4% average weekly change).分析記事 • Jul 10Business Engineering (TSE:4828) Has Announced That It Will Be Increasing Its Dividend To ¥78.00Business Engineering Corporation's ( TSE:4828 ) dividend will be increasing from last year's payment of the same period...Declared Dividend • Jul 09Final dividend of JP¥78.00 announcedShareholders will receive a dividend of JP¥78.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 2.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (35% earnings payout ratio) and cash flows (78% cash payout ratio). The dividend has increased by an average of 36% 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 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jun 29Business Engineering Corporation to Report Q1, 2026 Results on Aug 08, 2025Business Engineering Corporation announced that they will report Q1, 2026 results on Aug 08, 2025Reported Earnings • Jun 24Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥278 (up from JP¥219 in FY 2024). Revenue: JP¥20.8b (up 6.6% from FY 2024). Net income: JP¥3.33b (up 27% from FY 2024). Profit margin: 16% (up from 14% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.0%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • May 29Business Engineering Corporation (TSE:4828) Looks Just Right With A 27% Price JumpThe Business Engineering Corporation ( TSE:4828 ) share price has done very well over the last month, posting an...分析記事 • May 21We Think That There Are Issues Underlying Business Engineering's (TSE:4828) EarningsBusiness Engineering Corporation ( TSE:4828 ) just reported some strong earnings, and the market reacted accordingly...Reported Earnings • May 15Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥278 (up from JP¥219 in FY 2024). Revenue: JP¥20.8b (up 6.6% from FY 2024). Net income: JP¥3.33b (up 27% from FY 2024). Profit margin: 16% (up from 14% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.0%. Revenue is forecast to grow 6.1% 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 19% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • May 13Business Engineering (TSE:4828) Might Become A Compounding MachineThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...お知らせ • May 13Business Engineering Corporation, Annual General Meeting, Jun 20, 2025Business Engineering Corporation, Annual General Meeting, Jun 20, 2025.Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥3,715, the stock trades at a forward P/E ratio of 13x. Average forward 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 • Mar 27Business Engineering (TSE:4828) Is Increasing Its Dividend To ¥58.00Business Engineering Corporation ( TSE:4828 ) will increase its dividend from last year's comparable payment on the...お知らせ • Mar 27Business Engineering Corporation to Report Fiscal Year 2025 Results on May 13, 2025Business Engineering Corporation announced that they will report fiscal year 2025 results on May 13, 2025Upcoming Dividend • Mar 21Upcoming dividend of JP¥58.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 35% 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%).分析記事 • Feb 10Business Engineering's (TSE:4828) Upcoming Dividend Will Be Larger Than Last Year'sThe board of Business Engineering Corporation ( TSE:4828 ) has announced that it will be paying its dividend of ¥58.00...Reported Earnings • Feb 08Third quarter 2025 earnings released: EPS: JP¥70.07 (vs JP¥57.54 in 3Q 2024)Third quarter 2025 results: EPS: JP¥70.07 (up from JP¥57.54 in 3Q 2024). Revenue: JP¥5.17b (up 8.0% from 3Q 2024). Net income: JP¥839.0m (up 22% from 3Q 2024). Profit margin: 16% (up from 14% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.8% 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 19% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jan 03Business Engineering Corporation to Report Q3, 2025 Results on Feb 07, 2025Business Engineering Corporation announced that they will report Q3, 2025 results on Feb 07, 2025Declared Dividend • Dec 04First half dividend of JP¥42.00 announcedShareholders will receive a dividend of JP¥42.00. Ex-date: 28th March 2025 Payment date: 24th June 2025 Dividend yield will be 2.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (19% earnings payout ratio) and cash flows (44% 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 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 15Second quarter 2025 earnings released: EPS: JP¥71.40 (vs JP¥63.31 in 2Q 2024)Second quarter 2025 results: EPS: JP¥71.40 (up from JP¥63.31 in 2Q 2024). Revenue: JP¥5.05b (down 1.1% from 2Q 2024). Net income: JP¥855.0m (up 13% from 2Q 2024). Profit margin: 17% (up from 15% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.0% 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 22% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Sep 26Business Engineering Corporation to Report Q2, 2025 Results on Nov 12, 2024Business Engineering Corporation announced that they will report Q2, 2025 results on Nov 12, 2024Upcoming Dividend • Sep 20Upcoming dividend of JP¥42.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%).分析記事 • Sep 04Business Engineering Corporation's (TSE:4828) 25% Price Boost Is Out Of Tune With EarningsBusiness Engineering Corporation ( TSE:4828 ) shareholders have had their patience rewarded with a 25% share price jump...Reported Earnings • Aug 07First quarter 2025 earnings released: EPS: JP¥67.06 (vs JP¥57.00 in 1Q 2024)First quarter 2025 results: EPS: JP¥67.06 (up from JP¥57.00 in 1Q 2024). Revenue: JP¥5.04b (up 7.2% from 1Q 2024). Net income: JP¥803.0m (up 17% from 1Q 2024). Profit margin: 16% (up from 14% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 31% per year.分析記事 • Aug 07We Like Business Engineering's (TSE:4828) Returns And Here's How They're TrendingIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥3,375, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 17x in the IT industry in Japan. Total returns to shareholders of 127% over the past three years.Buy Or Sell Opportunity • Aug 01Now 21% undervaluedOver the last 90 days, the stock has risen 16% to JP¥3,975. The fair value is estimated to be JP¥5,033, 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 28%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 6.4% per annum over the same time period.Declared Dividend • Jul 11Final dividend of JP¥42.00 announcedShareholders will receive a dividend of JP¥42.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 2.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (39% 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 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • Jun 27Subdued Growth No Barrier To Business Engineering Corporation's (TSE:4828) PriceWith a price-to-earnings (or "P/E") ratio of 17.5x Business Engineering Corporation ( TSE:4828 ) may be sending bearish...お知らせ • Jun 27Business Engineering Corporation to Report Q1, 2025 Results on Aug 02, 2024Business Engineering Corporation announced that they will report Q1, 2025 results on Aug 02, 2024Buy Or Sell Opportunity • Jun 12Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.3% to JP¥3,485. The fair value is estimated to be JP¥4,434, 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 28%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 6.4% per annum over the same time period.Buy Or Sell Opportunity • May 22Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 10% to JP¥3,500. The fair value is estimated to be JP¥4,470, 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 28%. Revenue is forecast to grow by 10% in 2 years. Earnings are forecast to grow by 12% in the next 2 years.お知らせ • May 18+ 2 more updatesBusiness Engineering Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2025Business Engineering Corporation provided dividend guidance for the fiscal year ending March 31, 2025. for the year end, the company expects dividend of JPY 42.00 per share against JPY 46.00 per share a year ago.Reported Earnings • May 12Full year 2024 earnings: EPS in line with analyst expectations despite revenue beatFull year 2024 results: EPS: JP¥219 (up from JP¥194 in FY 2023). Revenue: JP¥19.5b (up 5.3% from FY 2023). Net income: JP¥2.63b (up 13% from FY 2023). Profit margin: 14% (in line with FY 2023). Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 27% per year.お知らせ • May 12Business Engineering Corporation, Annual General Meeting, Jun 21, 2024Business Engineering Corporation, Annual General Meeting, Jun 21, 2024.分析記事 • Mar 28Business Engineering (TSE:4828) Is Paying Out A Larger Dividend Than Last YearBusiness Engineering Corporation ( TSE:4828 ) has announced that it will be increasing its dividend from last year's...お知らせ • Mar 27Business Engineering Corporation to Report Fiscal Year 2024 Results on May 10, 2024Business Engineering Corporation announced that they will report fiscal year 2024 results on May 10, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥44.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).分析記事 • Feb 27Business Engineering's (TSE:4828) Shareholders Will Receive A Bigger Dividend Than Last YearBusiness Engineering Corporation ( TSE:4828 ) will increase its dividend from last year's comparable payment on the...お知らせ • Feb 24Business Engineering Corporation (TSE:4828) agreed to acquire an unknown stake in Aureole Information Technology Inc.Business Engineering Corporation (TSE:4828) agreed to acquire an unknown stake in Aureole Information Technology Inc on February 22, 2024.Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥57.54 (vs JP¥52.08 in 3Q 2023)Third quarter 2024 results: EPS: JP¥57.54 (up from JP¥52.08 in 3Q 2023). Revenue: JP¥4.78b (down 1.9% from 3Q 2023). Net income: JP¥689.0m (up 10% from 3Q 2023). Profit margin: 14% (up from 13% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.9% 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 30% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Dec 28Business Engineering Corporation to Report Q3, 2024 Results on Feb 09, 2024Business Engineering Corporation announced that they will report Q3, 2024 results on Feb 09, 2024New Risk • Nov 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 11Second quarter 2024 earnings released: EPS: JP¥63.31 (vs JP¥42.92 in 2Q 2023)Second quarter 2024 results: EPS: JP¥63.31 (up from JP¥42.92 in 2Q 2023). Revenue: JP¥5.11b (up 14% from 2Q 2023). Net income: JP¥759.0m (up 47% from 2Q 2023). Profit margin: 15% (up from 12% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 28% per year.お知らせ • Oct 06Business Engineering Corporation to Report Q2, 2024 Results on Nov 10, 2023Business Engineering Corporation announced that they will report Q2, 2024 results on Nov 10, 2023Upcoming Dividend • Sep 21Upcoming dividend of JP¥32.00 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 32% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.5%).お知らせ • Aug 18+ 1 more updateBusiness Engineering Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024Business Engineering Corporation provided dividend guidance for the fiscal year ending March 31, 2024. For the period, the company expects dividend to be JPY 32.00 per share compared to JPY 43.00 per share a year ago.Reported Earnings • Aug 09First quarter 2024 earnings released: EPS: JP¥57.00 (vs JP¥47.92 in 1Q 2023)First quarter 2024 results: EPS: JP¥57.00 (up from JP¥47.92 in 1Q 2023). Revenue: JP¥4.70b (up 7.3% from 1Q 2023). Net income: JP¥684.0m (up 19% from 1Q 2023). Profit margin: 14% (up from 13% 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 29% per year whereas the company’s share price has increased by 25% per year.お知らせ • Jul 07Business Engineering Corporation to Report Q1, 2024 Results on Aug 04, 2023Business Engineering Corporation announced that they will report Q1, 2024 results on Aug 04, 2023Buying Opportunity • Jul 07Now 20% undervaluedOver the last 90 days, the stock is up 2.5%. The fair value is estimated to be JP¥3,915, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 30%.Reported Earnings • May 14Full year 2023 earnings released: EPS: JP¥194 (vs JP¥137 in FY 2022)Full year 2023 results: EPS: JP¥194 (up from JP¥137 in FY 2022). Revenue: JP¥18.5b (up 4.2% from FY 2022). Net income: JP¥2.33b (up 42% from FY 2022). Profit margin: 13% (up from 9.3% in FY 2022). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 12Business Engineering Corporation, Annual General Meeting, Jun 23, 2023Business Engineering Corporation, Annual General Meeting, Jun 23, 2023.Buying Opportunity • Apr 04Now 21% undervaluedOver the last 90 days, the stock is up 26%. The fair value is estimated to be JP¥3,832, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 28%.Upcoming Dividend • Mar 23Upcoming dividend of JP¥43.00 per share at 2.2% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥52.08 (vs JP¥42.90 in 3Q 2022)Third quarter 2023 results: EPS: JP¥52.08 (up from JP¥42.90 in 3Q 2022). Revenue: JP¥4.87b (up 11% from 3Q 2022). Net income: JP¥625.0m (up 22% from 3Q 2022). Profit margin: 13% (up from 12% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 09Business Engineering Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Business Engineering Corporation provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the period, the company expected net sales of JPY 18,300 million, operating profit of JPY 3,200 million, profit attributable to owners of parent of JPY 2,290 million and basic earnings per share of JPY 190.84.お知らせ • Dec 29Business Engineering Corporation to Report Q3, 2023 Results on Feb 09, 2023Business Engineering Corporation announced that they will report Q3, 2023 results on Feb 09, 2023Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 3 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Outside Director Naoki Shimizu was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 13Second quarter 2023 earnings released: EPS: JP¥42.92 (vs JP¥56.99 in 2Q 2022)Second quarter 2023 results: EPS: JP¥42.92 (down from JP¥56.99 in 2Q 2022). Revenue: JP¥4.48b (down 7.3% from 2Q 2022). Net income: JP¥515.0m (down 24% from 2Q 2022). Profit margin: 12% (down from 14% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 22Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).Buying Opportunity • Aug 15Now 20% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be JP¥2,977, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 23%.Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: JP¥47.92 (vs JP¥9.16 in 1Q 2022)First quarter 2023 results: EPS: JP¥47.92 (up from JP¥9.16 in 1Q 2022). Revenue: JP¥4.38b (up 9.0% from 1Q 2022). Net income: JP¥575.0m (up 428% from 1Q 2022). Profit margin: 13% (up from 2.7% in 1Q 2022). The increase in margin was primarily 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 27% per year.Reported Earnings • May 15Full year 2022 earnings released: EPS: JP¥275 (vs JP¥233 in FY 2021)Full year 2022 results: EPS: JP¥275 (up from JP¥233 in FY 2021). Revenue: JP¥17.8b (flat on FY 2021). Net income: JP¥1.64b (up 19% from FY 2021). Profit margin: 9.3% (up from 7.7% in FY 2021). Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 24% per year.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 4 highly experienced directors. 4 independent directors (7 non-independent directors). Independent Outside Director Naoki Shimizu was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Upcoming Dividend • Mar 23Upcoming dividend of JP¥49.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%).Reported Earnings • Feb 12Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥85.80 (up from JP¥44.30 in 3Q 2021). Revenue: JP¥4.39b (up 2.0% from 3Q 2021). Net income: JP¥514.0m (up 96% from 3Q 2021). Profit margin: 12% (up from 6.1% in 3Q 2021). The increase in margin was primarily driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 16Second quarter 2022 earnings released: EPS JP¥114 (vs JP¥51.44 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥4.83b (up 11% from 2Q 2021). Net income: JP¥681.0m (up 124% from 2Q 2021). Profit margin: 14% (up from 7.0% 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 14% per year whereas the company’s share price has increased by 19% per year.Upcoming Dividend • Sep 22Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 02 December 2021. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.2%).収支内訳Business Engineering 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:4828 収益、費用、利益 ( )JPY Millions日付収益収益G+A経費研究開発費31 Mar 2624,4424,8904,744031 Dec 2524,0984,5324,50512430 Sep 2522,9644,1614,42312430 Jun 2521,7733,8984,35112431 Mar 2520,7763,3304,29112431 Dec 2420,1612,9894,14913530 Sep 2419,7772,8404,00413530 Jun 2419,8322,7443,89713531 Mar 2419,4932,6253,83213531 Dec 2319,3622,7453,81511630 Sep 2319,4552,6813,77611630 Jun 2318,8252,4373,70611631 Mar 2318,5062,3283,63211631 Dec 2218,2552,0543,47710530 Sep 2217,7691,9433,41710530 Jun 2218,1232,1093,36910531 Mar 2217,7601,6433,36410531 Dec 2117,8071,5893,4428630 Sep 2117,7221,3373,4788630 Jun 2117,2519603,4698631 Mar 2117,8551,3783,4468631 Dec 2017,7591,2223,4067530 Sep 2018,0271,0903,4797530 Jun 2017,9191,0723,5367531 Mar 2017,7288533,5687531 Dec 1917,5631,0013,5908030 Sep 1916,7711,0623,5828030 Jun 1916,3999493,5078031 Mar 1915,2538043,4328031 Dec 1814,9598303,3505930 Sep 1814,3527563,2085930 Jun 1813,9047053,1765931 Mar 1813,4794843,2585931 Dec 1713,0812883,3267830 Sep 1713,3822633,3757830 Jun 1713,2473143,3577831 Mar 1713,2894383,2407831 Dec 1613,2134893,1396830 Sep 1612,8314593,0486830 Jun 1612,8713473,0186831 Mar 1612,5493162,9926831 Dec 1512,5322882,9675830 Sep 1512,2222312,9735830 Jun 1511,7782113,03558質の高い収益: 4828は 高品質の収益 を持っています。利益率の向上: 4828の現在の純利益率 (20%)は、昨年(16%)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: 4828の収益は過去 5 年間で年間25.1%増加しました。成長の加速: 4828の過去 1 年間の収益成長率 ( 46.8% ) は、5 年間の平均 ( 年間25.1%を上回っています。収益対業界: 4828の過去 1 年間の収益成長率 ( 46.8% ) はIT業界14%を上回りました。株主資本利益率高いROE: 4828の 自己資本利益率 ( 30.4% ) は 高い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YSoftware 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 11:42終値2026/05/21 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Business Engineering Corporation 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。1 アナリスト機関Teruo IsozakiIchiyoshi Research Institute Inc.
お知らせ • May 09Business Engineering Corporation to Report Fiscal Year 2026 Results on May 12, 2026Business Engineering Corporation announced that they will report fiscal year 2026 results on May 12, 2026
Reported Earnings • Feb 07Third quarter 2026 earnings releasedThird quarter 2026 results: Revenue: JP¥6.30b (up 22% from 3Q 2025). Net income: JP¥1.21b (up 44% from 3Q 2025). Profit margin: 19% (up from 16% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the IT industry in Japan.
お知らせ • Dec 27Business Engineering Corporation to Report Q3, 2026 Results on Feb 06, 2026Business Engineering Corporation announced that they will report Q3, 2026 results on Feb 06, 2026
Reported Earnings • Nov 08Second quarter 2026 earnings released: EPS: JP¥93.32 (vs JP¥71.40 in 2Q 2025)Second quarter 2026 results: EPS: JP¥93.32 (up from JP¥71.40 in 2Q 2025). Revenue: JP¥6.24b (up 24% from 2Q 2025). Net income: JP¥1.12b (up 31% from 2Q 2025). Profit margin: 18% (in line with 2Q 2025). Revenue is forecast to grow 6.4% 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 22% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Sep 26Business Engineering Corporation to Report Q2, 2026 Results on Nov 07, 2025Business Engineering Corporation announced that they will report Q2, 2026 results on Nov 07, 2025
Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥114 (vs JP¥67.06 in 1Q 2025)First quarter 2026 results: EPS: JP¥114 (up from JP¥67.06 in 1Q 2025). Revenue: JP¥6.04b (up 20% from 1Q 2025). Net income: JP¥1.37b (up 71% from 1Q 2025). Profit margin: 23% (up from 16% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.2% 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 19% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • May 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.9% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (7.0% average weekly change).
お知らせ • May 12Business Engineering Corporation, Annual General Meeting, Jun 19, 2026Business Engineering Corporation, Annual General Meeting, Jun 19, 2026.
お知らせ • May 09Business Engineering Corporation to Report Fiscal Year 2026 Results on May 12, 2026Business Engineering Corporation announced that they will report fiscal year 2026 results on May 12, 2026
Buy Or Sell Opportunity • Apr 15Now 23% overvaluedOver the last 90 days, the stock has fallen 22% to JP¥1,285. The fair value is estimated to be JP¥1,041, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 5.1% in 2 years. Earnings are forecast to grow by 8.1% in the next 2 years.
Buy Or Sell Opportunity • Mar 24Now 21% overvaluedOver the last 90 days, the stock has fallen 25% to JP¥1,234. The fair value is estimated to be JP¥1,019, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 5.1% in 2 years. Earnings are forecast to grow by 8.1% in the next 2 years.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥26.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 36% and the cash payout ratio is 88%. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.8%).
Buy Or Sell Opportunity • Feb 09Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 4.5% to JP¥1,365. The fair value is estimated to be JP¥1,096, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 45%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 13% in the next 2 years.
Reported Earnings • Feb 07Third quarter 2026 earnings releasedThird quarter 2026 results: Revenue: JP¥6.30b (up 22% from 3Q 2025). Net income: JP¥1.21b (up 44% from 3Q 2025). Profit margin: 19% (up from 16% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the IT industry in Japan.
New Risk • Dec 28New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 372% Dividend yield: 13% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (372% cash payout ratio). Share price has been volatile over the past 3 months (5.7% average weekly change).
分析記事 • Dec 28Business Engineering (TSE:4828) Is Paying Out A Larger Dividend Than Last YearBusiness Engineering Corporation ( TSE:4828 ) will increase its dividend from last year's comparable payment on the...
お知らせ • Dec 27Business Engineering Corporation to Report Q3, 2026 Results on Feb 06, 2026Business Engineering Corporation announced that they will report Q3, 2026 results on Feb 06, 2026
Buy Or Sell Opportunity • Dec 18Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 28% to JP¥8,000. The fair value is estimated to be JP¥6,516, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 20% in the next 2 years.
分析記事 • Dec 03Business Engineering (TSE:4828) Is Increasing Its Dividend To ¥110.00Business Engineering Corporation's ( TSE:4828 ) dividend will be increasing from last year's payment of the same period...
Buy Or Sell Opportunity • Dec 03Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 36% to JP¥7,930. The fair value is estimated to be JP¥6,546, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 20% in the next 2 years.
Declared Dividend • Dec 03First half dividend of JP¥110 announcedShareholders will receive a dividend of JP¥110. Ex-date: 30th March 2026 Payment date: 23rd June 2026 Dividend yield will be 2.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (39% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 41% 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 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • Nov 28Earnings Not Telling The Story For Business Engineering Corporation (TSE:4828) After Shares Rise 26%Business Engineering Corporation ( TSE:4828 ) shareholders have had their patience rewarded with a 26% share price jump...
分析記事 • Nov 12Business Engineering (TSE:4828) Knows How To Allocate CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
Reported Earnings • Nov 08Second quarter 2026 earnings released: EPS: JP¥93.32 (vs JP¥71.40 in 2Q 2025)Second quarter 2026 results: EPS: JP¥93.32 (up from JP¥71.40 in 2Q 2025). Revenue: JP¥6.24b (up 24% from 2Q 2025). Net income: JP¥1.12b (up 31% from 2Q 2025). Profit margin: 18% (in line with 2Q 2025). Revenue is forecast to grow 6.4% 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 22% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Oct 29New 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 5.3% 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 • Sep 26Business Engineering's (TSE:4828) Shareholders Will Receive A Bigger Dividend Than Last YearThe board of Business Engineering Corporation ( TSE:4828 ) has announced that it will be paying its dividend of ¥78.00...
お知らせ • Sep 26Business Engineering Corporation to Report Q2, 2026 Results on Nov 07, 2025Business Engineering Corporation announced that they will report Q2, 2026 results on Nov 07, 2025
Upcoming Dividend • Sep 22Upcoming dividend of JP¥78.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 31% and the cash payout ratio is 78%. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%).
分析記事 • Aug 27Subdued Growth No Barrier To Business Engineering Corporation (TSE:4828) With Shares Advancing 25%Business Engineering Corporation ( TSE:4828 ) shareholders have had their patience rewarded with a 25% share price jump...
分析記事 • Aug 13Business Engineering (TSE:4828) Is Increasing Its Dividend To ¥78.00The board of Business Engineering Corporation ( TSE:4828 ) has announced that it will be paying its dividend of ¥78.00...
Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥114 (vs JP¥67.06 in 1Q 2025)First quarter 2026 results: EPS: JP¥114 (up from JP¥67.06 in 1Q 2025). Revenue: JP¥6.04b (up 20% from 1Q 2025). Net income: JP¥1.37b (up 71% from 1Q 2025). Profit margin: 23% (up from 16% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.2% 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 19% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥5,940, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 21x in the IT industry in Japan. Total returns to shareholders of 156% over the past three years.
分析記事 • Jul 24Business Engineering (TSE:4828) Is Increasing Its Dividend To ¥78.00Business Engineering Corporation ( TSE:4828 ) will increase its dividend from last year's comparable payment on the 3rd...
New Risk • Jul 17New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 0% Dividend yield: 2.0% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. High level of non-cash earnings (27% accrual ratio). Minor Risk Dividend is not well covered by cash flows (0% cash payout ratio).
New Risk • Jul 11New 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. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (27% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (5.4% average weekly change).
分析記事 • Jul 10Business Engineering (TSE:4828) Has Announced That It Will Be Increasing Its Dividend To ¥78.00Business Engineering Corporation's ( TSE:4828 ) dividend will be increasing from last year's payment of the same period...
Declared Dividend • Jul 09Final dividend of JP¥78.00 announcedShareholders will receive a dividend of JP¥78.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 2.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (35% earnings payout ratio) and cash flows (78% cash payout ratio). The dividend has increased by an average of 36% 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 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 29Business Engineering Corporation to Report Q1, 2026 Results on Aug 08, 2025Business Engineering Corporation announced that they will report Q1, 2026 results on Aug 08, 2025
Reported Earnings • Jun 24Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥278 (up from JP¥219 in FY 2024). Revenue: JP¥20.8b (up 6.6% from FY 2024). Net income: JP¥3.33b (up 27% from FY 2024). Profit margin: 16% (up from 14% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.0%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • May 29Business Engineering Corporation (TSE:4828) Looks Just Right With A 27% Price JumpThe Business Engineering Corporation ( TSE:4828 ) share price has done very well over the last month, posting an...
分析記事 • May 21We Think That There Are Issues Underlying Business Engineering's (TSE:4828) EarningsBusiness Engineering Corporation ( TSE:4828 ) just reported some strong earnings, and the market reacted accordingly...
Reported Earnings • May 15Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥278 (up from JP¥219 in FY 2024). Revenue: JP¥20.8b (up 6.6% from FY 2024). Net income: JP¥3.33b (up 27% from FY 2024). Profit margin: 16% (up from 14% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.0%. Revenue is forecast to grow 6.1% 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 19% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • May 13Business Engineering (TSE:4828) Might Become A Compounding MachineThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...
お知らせ • May 13Business Engineering Corporation, Annual General Meeting, Jun 20, 2025Business Engineering Corporation, Annual General Meeting, Jun 20, 2025.
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥3,715, the stock trades at a forward P/E ratio of 13x. Average forward 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 • Mar 27Business Engineering (TSE:4828) Is Increasing Its Dividend To ¥58.00Business Engineering Corporation ( TSE:4828 ) will increase its dividend from last year's comparable payment on the...
お知らせ • Mar 27Business Engineering Corporation to Report Fiscal Year 2025 Results on May 13, 2025Business Engineering Corporation announced that they will report fiscal year 2025 results on May 13, 2025
Upcoming Dividend • Mar 21Upcoming dividend of JP¥58.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 35% 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%).
分析記事 • Feb 10Business Engineering's (TSE:4828) Upcoming Dividend Will Be Larger Than Last Year'sThe board of Business Engineering Corporation ( TSE:4828 ) has announced that it will be paying its dividend of ¥58.00...
Reported Earnings • Feb 08Third quarter 2025 earnings released: EPS: JP¥70.07 (vs JP¥57.54 in 3Q 2024)Third quarter 2025 results: EPS: JP¥70.07 (up from JP¥57.54 in 3Q 2024). Revenue: JP¥5.17b (up 8.0% from 3Q 2024). Net income: JP¥839.0m (up 22% from 3Q 2024). Profit margin: 16% (up from 14% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.8% 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 19% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jan 03Business Engineering Corporation to Report Q3, 2025 Results on Feb 07, 2025Business Engineering Corporation announced that they will report Q3, 2025 results on Feb 07, 2025
Declared Dividend • Dec 04First half dividend of JP¥42.00 announcedShareholders will receive a dividend of JP¥42.00. Ex-date: 28th March 2025 Payment date: 24th June 2025 Dividend yield will be 2.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (19% earnings payout ratio) and cash flows (44% 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 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 15Second quarter 2025 earnings released: EPS: JP¥71.40 (vs JP¥63.31 in 2Q 2024)Second quarter 2025 results: EPS: JP¥71.40 (up from JP¥63.31 in 2Q 2024). Revenue: JP¥5.05b (down 1.1% from 2Q 2024). Net income: JP¥855.0m (up 13% from 2Q 2024). Profit margin: 17% (up from 15% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.0% 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 22% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Sep 26Business Engineering Corporation to Report Q2, 2025 Results on Nov 12, 2024Business Engineering Corporation announced that they will report Q2, 2025 results on Nov 12, 2024
Upcoming Dividend • Sep 20Upcoming dividend of JP¥42.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%).
分析記事 • Sep 04Business Engineering Corporation's (TSE:4828) 25% Price Boost Is Out Of Tune With EarningsBusiness Engineering Corporation ( TSE:4828 ) shareholders have had their patience rewarded with a 25% share price jump...
Reported Earnings • Aug 07First quarter 2025 earnings released: EPS: JP¥67.06 (vs JP¥57.00 in 1Q 2024)First quarter 2025 results: EPS: JP¥67.06 (up from JP¥57.00 in 1Q 2024). Revenue: JP¥5.04b (up 7.2% from 1Q 2024). Net income: JP¥803.0m (up 17% from 1Q 2024). Profit margin: 16% (up from 14% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 31% per year.
分析記事 • Aug 07We Like Business Engineering's (TSE:4828) Returns And Here's How They're TrendingIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥3,375, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 17x in the IT industry in Japan. Total returns to shareholders of 127% over the past three years.
Buy Or Sell Opportunity • Aug 01Now 21% undervaluedOver the last 90 days, the stock has risen 16% to JP¥3,975. The fair value is estimated to be JP¥5,033, 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 28%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 6.4% per annum over the same time period.
Declared Dividend • Jul 11Final dividend of JP¥42.00 announcedShareholders will receive a dividend of JP¥42.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 2.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (39% 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 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • Jun 27Subdued Growth No Barrier To Business Engineering Corporation's (TSE:4828) PriceWith a price-to-earnings (or "P/E") ratio of 17.5x Business Engineering Corporation ( TSE:4828 ) may be sending bearish...
お知らせ • Jun 27Business Engineering Corporation to Report Q1, 2025 Results on Aug 02, 2024Business Engineering Corporation announced that they will report Q1, 2025 results on Aug 02, 2024
Buy Or Sell Opportunity • Jun 12Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.3% to JP¥3,485. The fair value is estimated to be JP¥4,434, 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 28%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 6.4% per annum over the same time period.
Buy Or Sell Opportunity • May 22Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 10% to JP¥3,500. The fair value is estimated to be JP¥4,470, 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 28%. Revenue is forecast to grow by 10% in 2 years. Earnings are forecast to grow by 12% in the next 2 years.
お知らせ • May 18+ 2 more updatesBusiness Engineering Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2025Business Engineering Corporation provided dividend guidance for the fiscal year ending March 31, 2025. for the year end, the company expects dividend of JPY 42.00 per share against JPY 46.00 per share a year ago.
Reported Earnings • May 12Full year 2024 earnings: EPS in line with analyst expectations despite revenue beatFull year 2024 results: EPS: JP¥219 (up from JP¥194 in FY 2023). Revenue: JP¥19.5b (up 5.3% from FY 2023). Net income: JP¥2.63b (up 13% from FY 2023). Profit margin: 14% (in line with FY 2023). Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 27% per year.
お知らせ • May 12Business Engineering Corporation, Annual General Meeting, Jun 21, 2024Business Engineering Corporation, Annual General Meeting, Jun 21, 2024.
分析記事 • Mar 28Business Engineering (TSE:4828) Is Paying Out A Larger Dividend Than Last YearBusiness Engineering Corporation ( TSE:4828 ) has announced that it will be increasing its dividend from last year's...
お知らせ • Mar 27Business Engineering Corporation to Report Fiscal Year 2024 Results on May 10, 2024Business Engineering Corporation announced that they will report fiscal year 2024 results on May 10, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥44.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).
分析記事 • Feb 27Business Engineering's (TSE:4828) Shareholders Will Receive A Bigger Dividend Than Last YearBusiness Engineering Corporation ( TSE:4828 ) will increase its dividend from last year's comparable payment on the...
お知らせ • Feb 24Business Engineering Corporation (TSE:4828) agreed to acquire an unknown stake in Aureole Information Technology Inc.Business Engineering Corporation (TSE:4828) agreed to acquire an unknown stake in Aureole Information Technology Inc on February 22, 2024.
Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥57.54 (vs JP¥52.08 in 3Q 2023)Third quarter 2024 results: EPS: JP¥57.54 (up from JP¥52.08 in 3Q 2023). Revenue: JP¥4.78b (down 1.9% from 3Q 2023). Net income: JP¥689.0m (up 10% from 3Q 2023). Profit margin: 14% (up from 13% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.9% 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 30% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Dec 28Business Engineering Corporation to Report Q3, 2024 Results on Feb 09, 2024Business Engineering Corporation announced that they will report Q3, 2024 results on Feb 09, 2024
New Risk • Nov 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 11Second quarter 2024 earnings released: EPS: JP¥63.31 (vs JP¥42.92 in 2Q 2023)Second quarter 2024 results: EPS: JP¥63.31 (up from JP¥42.92 in 2Q 2023). Revenue: JP¥5.11b (up 14% from 2Q 2023). Net income: JP¥759.0m (up 47% from 2Q 2023). Profit margin: 15% (up from 12% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 28% per year.
お知らせ • Oct 06Business Engineering Corporation to Report Q2, 2024 Results on Nov 10, 2023Business Engineering Corporation announced that they will report Q2, 2024 results on Nov 10, 2023
Upcoming Dividend • Sep 21Upcoming dividend of JP¥32.00 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 32% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.5%).
お知らせ • Aug 18+ 1 more updateBusiness Engineering Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024Business Engineering Corporation provided dividend guidance for the fiscal year ending March 31, 2024. For the period, the company expects dividend to be JPY 32.00 per share compared to JPY 43.00 per share a year ago.
Reported Earnings • Aug 09First quarter 2024 earnings released: EPS: JP¥57.00 (vs JP¥47.92 in 1Q 2023)First quarter 2024 results: EPS: JP¥57.00 (up from JP¥47.92 in 1Q 2023). Revenue: JP¥4.70b (up 7.3% from 1Q 2023). Net income: JP¥684.0m (up 19% from 1Q 2023). Profit margin: 14% (up from 13% 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 29% per year whereas the company’s share price has increased by 25% per year.
お知らせ • Jul 07Business Engineering Corporation to Report Q1, 2024 Results on Aug 04, 2023Business Engineering Corporation announced that they will report Q1, 2024 results on Aug 04, 2023
Buying Opportunity • Jul 07Now 20% undervaluedOver the last 90 days, the stock is up 2.5%. The fair value is estimated to be JP¥3,915, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 30%.
Reported Earnings • May 14Full year 2023 earnings released: EPS: JP¥194 (vs JP¥137 in FY 2022)Full year 2023 results: EPS: JP¥194 (up from JP¥137 in FY 2022). Revenue: JP¥18.5b (up 4.2% from FY 2022). Net income: JP¥2.33b (up 42% from FY 2022). Profit margin: 13% (up from 9.3% in FY 2022). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 12Business Engineering Corporation, Annual General Meeting, Jun 23, 2023Business Engineering Corporation, Annual General Meeting, Jun 23, 2023.
Buying Opportunity • Apr 04Now 21% undervaluedOver the last 90 days, the stock is up 26%. The fair value is estimated to be JP¥3,832, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 28%.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥43.00 per share at 2.2% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).
Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥52.08 (vs JP¥42.90 in 3Q 2022)Third quarter 2023 results: EPS: JP¥52.08 (up from JP¥42.90 in 3Q 2022). Revenue: JP¥4.87b (up 11% from 3Q 2022). Net income: JP¥625.0m (up 22% from 3Q 2022). Profit margin: 13% (up from 12% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 09Business Engineering Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Business Engineering Corporation provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the period, the company expected net sales of JPY 18,300 million, operating profit of JPY 3,200 million, profit attributable to owners of parent of JPY 2,290 million and basic earnings per share of JPY 190.84.
お知らせ • Dec 29Business Engineering Corporation to Report Q3, 2023 Results on Feb 09, 2023Business Engineering Corporation announced that they will report Q3, 2023 results on Feb 09, 2023
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 3 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Outside Director Naoki Shimizu was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 13Second quarter 2023 earnings released: EPS: JP¥42.92 (vs JP¥56.99 in 2Q 2022)Second quarter 2023 results: EPS: JP¥42.92 (down from JP¥56.99 in 2Q 2022). Revenue: JP¥4.48b (down 7.3% from 2Q 2022). Net income: JP¥515.0m (down 24% from 2Q 2022). Profit margin: 12% (down from 14% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).
Buying Opportunity • Aug 15Now 20% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be JP¥2,977, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 23%.
Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: JP¥47.92 (vs JP¥9.16 in 1Q 2022)First quarter 2023 results: EPS: JP¥47.92 (up from JP¥9.16 in 1Q 2022). Revenue: JP¥4.38b (up 9.0% from 1Q 2022). Net income: JP¥575.0m (up 428% from 1Q 2022). Profit margin: 13% (up from 2.7% in 1Q 2022). The increase in margin was primarily 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 27% per year.
Reported Earnings • May 15Full year 2022 earnings released: EPS: JP¥275 (vs JP¥233 in FY 2021)Full year 2022 results: EPS: JP¥275 (up from JP¥233 in FY 2021). Revenue: JP¥17.8b (flat on FY 2021). Net income: JP¥1.64b (up 19% from FY 2021). Profit margin: 9.3% (up from 7.7% in FY 2021). Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 24% per year.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 4 highly experienced directors. 4 independent directors (7 non-independent directors). Independent Outside Director Naoki Shimizu was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥49.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%).
Reported Earnings • Feb 12Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥85.80 (up from JP¥44.30 in 3Q 2021). Revenue: JP¥4.39b (up 2.0% from 3Q 2021). Net income: JP¥514.0m (up 96% from 3Q 2021). Profit margin: 12% (up from 6.1% in 3Q 2021). The increase in margin was primarily driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 16Second quarter 2022 earnings released: EPS JP¥114 (vs JP¥51.44 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥4.83b (up 11% from 2Q 2021). Net income: JP¥681.0m (up 124% from 2Q 2021). Profit margin: 14% (up from 7.0% 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 14% per year whereas the company’s share price has increased by 19% per year.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 02 December 2021. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.2%).