View Future GrowthISB 過去の業績過去 基準チェック /26ISBは、平均年間10.8%の収益成長を遂げていますが、 Software業界の収益は、年間 成長しています。収益は、平均年間12% 8.7%収益成長率で 成長しています。 ISBの自己資本利益率は9.9%であり、純利益率は3.9%です。主要情報10.83%収益成長率10.08%EPS成長率Software 業界の成長12.13%収益成長率8.67%株主資本利益率9.88%ネット・マージン3.88%前回の決算情報31 Dec 2025最近の業績更新Reported Earnings • Feb 16Full year 2025 earnings released: EPS: JP¥125 (vs JP¥178 in FY 2024)Full year 2025 results: EPS: JP¥125 (down from JP¥178 in FY 2024). Revenue: JP¥37.0b (up 9.0% from FY 2024). Net income: JP¥1.44b (down 29% from FY 2024). Profit margin: 3.9% (down from 6.0% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Dec 03ISB Corporation to Report Fiscal Year 2025 Results on Feb 13, 2026ISB Corporation announced that they will report fiscal year 2025 results on Feb 13, 2026Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: JP¥14.39 (vs JP¥37.66 in 3Q 2024)Third quarter 2025 results: EPS: JP¥14.39 (down from JP¥37.66 in 3Q 2024). Revenue: JP¥9.28b (up 11% from 3Q 2024). Net income: JP¥165.0m (down 62% from 3Q 2024). Profit margin: 1.8% (down from 5.1% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 9% per year.お知らせ • Sep 27ISB Corporation to Report Q3, 2025 Results on Nov 10, 2025ISB Corporation announced that they will report Q3, 2025 results on Nov 10, 2025Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: JP¥4.80 (vs JP¥31.49 in 2Q 2024)Second quarter 2025 results: EPS: JP¥4.80 (down from JP¥31.49 in 2Q 2024). Revenue: JP¥8.73b (up 7.2% from 2Q 2024). Net income: JP¥55.0m (down 85% from 2Q 2024). Profit margin: 0.6% (down from 4.4% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 27ISB Corporation to Report Q2, 2025 Results on Aug 07, 2025ISB Corporation announced that they will report Q2, 2025 results on Aug 07, 2025すべての更新を表示Recent updatesNew Risk • Feb 18New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 101% Dividend yield: 3.8% 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 (101% cash payout ratio). Profit margins are more than 30% lower than last year (3.9% net profit margin).Reported Earnings • Feb 16Full year 2025 earnings released: EPS: JP¥125 (vs JP¥178 in FY 2024)Full year 2025 results: EPS: JP¥125 (down from JP¥178 in FY 2024). Revenue: JP¥37.0b (up 9.0% from FY 2024). Net income: JP¥1.44b (down 29% from FY 2024). Profit margin: 3.9% (down from 6.0% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 14+ 1 more updateISB Corporation Announces Year-End Dividend for the Year Ended December 31, 2025, Payable on March 30, 2026; Provides Year-End Dividend Guidance for the Fiscal Year Ending December 31, 2026ISB Corporation announced year-end dividend of JPY 55.00 per share for the year ended December 31, 2025 against JPY 54.00 per share a year ago. Scheduled date to commence dividend payments: March 30, 2026. The company provided year-end dividend guidance of JPY 70.00 per share for the fiscal year ending December 31, 2026 against JPY 55.00 per share a year ago.お知らせ • Feb 13ISB Corporation, Annual General Meeting, Mar 27, 2026ISB Corporation, Annual General Meeting, Mar 27, 2026.Upcoming Dividend • Dec 22Upcoming dividend of JP¥55.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 31 March 2026. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).分析記事 • Dec 04ISB (TSE:9702) Is Increasing Its Dividend To ¥55.00The board of ISB Corporation ( TSE:9702 ) has announced that it will be paying its dividend of ¥55.00 on the 31st of...お知らせ • Dec 03ISB Corporation to Report Fiscal Year 2025 Results on Feb 13, 2026ISB Corporation announced that they will report fiscal year 2025 results on Feb 13, 2026Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: JP¥14.39 (vs JP¥37.66 in 3Q 2024)Third quarter 2025 results: EPS: JP¥14.39 (down from JP¥37.66 in 3Q 2024). Revenue: JP¥9.28b (up 11% from 3Q 2024). Net income: JP¥165.0m (down 62% from 3Q 2024). Profit margin: 1.8% (down from 5.1% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 9% per year.分析記事 • Sep 28ISB (TSE:9702) Has Announced That It Will Be Increasing Its Dividend To ¥55.00ISB Corporation ( TSE:9702 ) will increase its dividend from last year's comparable payment on the 31st of March to...お知らせ • Sep 27ISB Corporation to Report Q3, 2025 Results on Nov 10, 2025ISB Corporation announced that they will report Q3, 2025 results on Nov 10, 2025Declared Dividend • Aug 09Dividend increased to JP¥55.00Dividend of JP¥55.00 is 1.9% higher than last year. Ex-date: 29th December 2025 Payment date: 31st March 2026 Dividend yield will be 3.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (36% earnings payout ratio) and cash flows (69% cash payout ratio). The dividend has increased by an average of 16% 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 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: JP¥4.80 (vs JP¥31.49 in 2Q 2024)Second quarter 2025 results: EPS: JP¥4.80 (down from JP¥31.49 in 2Q 2024). Revenue: JP¥8.73b (up 7.2% from 2Q 2024). Net income: JP¥55.0m (down 85% from 2Q 2024). Profit margin: 0.6% (down from 4.4% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 27ISB Corporation to Report Q2, 2025 Results on Aug 07, 2025ISB Corporation announced that they will report Q2, 2025 results on Aug 07, 2025Reported Earnings • May 09First quarter 2025 earnings released: EPS: JP¥63.48 (vs JP¥66.57 in 1Q 2024)First quarter 2025 results: EPS: JP¥63.48 (down from JP¥66.57 in 1Q 2024). Revenue: JP¥9.71b (up 14% from 1Q 2024). Net income: JP¥726.0m (down 4.5% from 1Q 2024). Profit margin: 7.5% (down from 8.9% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.New Risk • Apr 04New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.3b (US$98.2m) 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. This is currently the only risk that has been identified for the company.お知らせ • Mar 18ISB Corporation to Report Q1, 2025 Results on May 08, 2025ISB Corporation announced that they will report Q1, 2025 results on May 08, 2025お知らせ • Feb 17+ 2 more updatesISB Corporation Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2025 and for the Full Year Ending December 31, 2025ISB Corporation provided consolidated earnings guidance for the six months ending June 30, 2025 and for the year ending December 31, 2025. For the six months ending June 30, 2025, the company expects net sales of JPY 17,700 million, operating profit of JPY 950 million, profit attributable to owners of parent of JPY 670 million or JPY 58.60 earnings per share. For the year ending December 31, 2025, the company expects net sales of JPY 36,100 million, operating profit of JPY 2,200 million, profit attributable to owners of parent of JPY 1,570 million or JPY 137.30 earnings per share.Reported Earnings • Feb 16Full year 2024 earnings released: EPS: JP¥178 (vs JP¥129 in FY 2023)Full year 2024 results: EPS: JP¥178 (up from JP¥129 in FY 2023). Revenue: JP¥34.0b (up 4.8% from FY 2023). Net income: JP¥2.03b (up 38% from FY 2023). Profit margin: 6.0% (up from 4.5% 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 19% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 14ISB Corporation, Annual General Meeting, Mar 28, 2025ISB Corporation, Annual General Meeting, Mar 28, 2025.Upcoming Dividend • Dec 20Upcoming dividend of JP¥46.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 28 March 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.3%).New Risk • Dec 19New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.6b (US$99.4m) 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥15.6b market cap, or US$99.4m).分析記事 • Dec 18ISB's (TSE:9702) Upcoming Dividend Will Be Larger Than Last Year'sThe board of ISB Corporation ( TSE:9702 ) has announced that it will be paying its dividend of ¥46.00 on the 28th of...分析記事 • Dec 04ISB (TSE:9702) Is Increasing Its Dividend To ¥46.00ISB Corporation ( TSE:9702 ) has announced that it will be increasing its dividend from last year's comparable payment...お知らせ • Dec 03ISB Corporation to Report Fiscal Year 2024 Results on Feb 14, 2025ISB Corporation announced that they will report fiscal year 2024 results on Feb 14, 2025New Risk • Nov 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.6b (US$99.9m) 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥15.6b market cap, or US$99.9m).Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: JP¥37.59 (vs JP¥41.95 in 3Q 2023)Third quarter 2024 results: EPS: JP¥37.59 (down from JP¥41.95 in 3Q 2023). Revenue: JP¥8.37b (up 2.6% from 3Q 2023). Net income: JP¥430.0m (down 10% from 3Q 2023). Profit margin: 5.1% (down from 5.9% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 28ISB Corporation to Report Q3, 2024 Results on Oct 30, 2024ISB Corporation announced that they will report Q3, 2024 results on Oct 30, 2024分析記事 • Sep 24ISB (TSE:9702) Is Paying Out A Larger Dividend Than Last YearISB Corporation ( TSE:9702 ) has announced that it will be increasing its dividend from last year's comparable payment...分析記事 • Aug 27Solid Earnings Reflect ISB's (TSE:9702) Strength As A BusinessEven though ISB Corporation's ( TSE:9702 ) recent earnings release was robust, the market didn't seem to notice. Our...Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥1,329, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 19x in the Software industry in Japan. Total returns to shareholders of 21% over the past three years.New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.8% average weekly change).分析記事 • Aug 02ISB's (TSE:9702) Upcoming Dividend Will Be Larger Than Last Year'sISB Corporation's ( TSE:9702 ) dividend will be increasing from last year's payment of the same period to ¥46.00 on...Declared Dividend • Aug 02Dividend increased to JP¥46.00Dividend of JP¥46.00 is 9.5% higher than last year. Ex-date: 27th December 2024 Payment date: 28th March 2025 Dividend yield will be 3.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 26% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 01Second quarter 2024 earnings released: EPS: JP¥31.49 (vs JP¥16.04 in 2Q 2023)Second quarter 2024 results: EPS: JP¥31.49 (up from JP¥16.04 in 2Q 2023). Revenue: JP¥8.14b (up 7.8% from 2Q 2023). Net income: JP¥360.0m (up 97% from 2Q 2023). Profit margin: 4.4% (up from 2.4% 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 17% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 02ISB Corporation to Report Q2, 2024 Results on Jul 30, 2024ISB Corporation announced that they will report Q2, 2024 results on Jul 30, 2024Reported Earnings • May 01First quarter 2024 earnings released: EPS: JP¥66.56 (vs JP¥50.84 in 1Q 2023)First quarter 2024 results: EPS: JP¥66.56 (up from JP¥50.84 in 1Q 2023). Revenue: JP¥8.53b (up 2.0% from 1Q 2023). Net income: JP¥760.0m (up 31% from 1Q 2023). Profit margin: 8.9% (up from 6.9% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • May 01+ 1 more updateISB Corporation Provides Dividend Guidance for the Year Ending December 31, 2024ISB Corporation provided dividend guidance for the year ending December 31, 2024. For the year, the company expects to pay dividend of JPY 46.00 against JPY 42.00 a year ago.New Risk • Apr 03New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.1b (US$99.5m) 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥15.1b market cap, or US$99.5m).お知らせ • Mar 15ISB Corporation to Report Q1, 2024 Results on Apr 30, 2024ISB Corporation announced that they will report Q1, 2024 results on Apr 30, 2024Reported Earnings • Feb 20Full year 2023 earnings released: EPS: JP¥129 (vs JP¥125 in FY 2022)Full year 2023 results: EPS: JP¥129 (up from JP¥125 in FY 2022). Revenue: JP¥32.4b (up 12% from FY 2022). Net income: JP¥1.47b (up 3.4% from FY 2022). Profit margin: 4.5% (down from 4.9% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 16ISB Corporation Provides Cash Dividend Guidance for the Year Ending December 31, 2024ISB Corporation provided cash dividend guidance for the year ending December 31, 2024. For the year, the company expects to pay dividend of JPY 42.00 against JPY 42.00 a year ago.お知らせ • Feb 15+ 2 more updatesISB Corporation, Annual General Meeting, Mar 27, 2024ISB Corporation, Annual General Meeting, Mar 27, 2024.お知らせ • Dec 22ISB Corporation to Report Fiscal Year 2023 Results on Feb 14, 2024ISB Corporation announced that they will report fiscal year 2023 results on Feb 14, 2024Upcoming Dividend • Dec 21Upcoming dividend of JP¥42.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 01 April 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.5%).お知らせ • Nov 01ISB Corporation Provides Dividend Guidance for the Year Ending December 31, 2023ISB Corporation provided dividend guidance for the year ending December 31, 2023. For the year, the company expects to pay a dividend of JPY 42.00 per share against JPY 40.00 per share paid a year ago..Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: JP¥41.95 (vs JP¥31.18 in 3Q 2022)Third quarter 2023 results: EPS: JP¥41.95 (up from JP¥31.18 in 3Q 2022). Revenue: JP¥8.15b (up 12% from 3Q 2022). Net income: JP¥479.0m (up 35% from 3Q 2022). Profit margin: 5.9% (up from 4.9% 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 15% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.New Risk • Oct 24New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.8b (US$98.9m) 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥14.8b market cap, or US$98.9m).お知らせ • Aug 30ISB Corporation to Report Q3, 2023 Results on Oct 30, 2023ISB Corporation announced that they will report Q3, 2023 results on Oct 30, 2023Reported Earnings • Aug 01Second quarter 2023 earnings released: EPS: JP¥16.04 (vs JP¥21.88 in 2Q 2022)Second quarter 2023 results: EPS: JP¥16.04 (down from JP¥21.88 in 2Q 2022). Revenue: JP¥7.55b (up 6.1% from 2Q 2022). Net income: JP¥183.0m (down 27% from 2Q 2022). Profit margin: 2.4% (down from 3.5% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • Aug 01+ 1 more updateISB Corporation Provides Consolidated Earnings Guidance for the Year Ending December 31, 2023ISB Corporation provided consolidated earnings guidance for the year ending December 31, 2023. For the period, the company expects net sales of ¥31,000 million, Operating profit of ¥2,600 million, Profit attributable to owners of the parent of ¥1,590 million or ¥139.61 per share.お知らせ • May 31ISB Corporation to Report Q2, 2023 Results on Jul 31, 2023ISB Corporation announced that they will report Q2, 2023 results on Jul 31, 2023お知らせ • May 17+ 1 more updateISB Corporation Provides Consolidated Earnings Guidance Six Months Ending June 30, 2023 and for the Year Ending December 31, 2023ISB Corporation provided consolidated earnings guidance six months ending June 30, 2023 and for the year ending December 31, 2023. For the six, the company expects net sales of ¥15,500 million, Operating profit of ¥1,200 million, Profit attributable to owners of parent of ¥700 million or ¥61.46 per share.For the period, the company expects net sales of ¥31,000 million, Operating profit of ¥2,600 million, Profit attributable to owners of parent of ¥1,590 million or ¥139.61 per share.Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥1,489, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 22x in the Software industry in Japan. Total returns to shareholders of 95% over the past three years.Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: JP¥50.84 (vs JP¥39.16 in 1Q 2022)First quarter 2023 results: EPS: JP¥50.84 (up from JP¥39.16 in 1Q 2022). Revenue: JP¥8.37b (up 19% from 1Q 2022). Net income: JP¥579.0m (up 30% from 1Q 2022). Profit margin: 6.9% (up from 6.3% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 15% per year.Reported Earnings • Mar 01Full year 2022 earnings released: EPS: JP¥125 (vs JP¥97.75 in FY 2021)Full year 2022 results: EPS: JP¥125 (up from JP¥97.75 in FY 2021). Revenue: JP¥29.0b (up 11% from FY 2021). Net income: JP¥1.42b (up 28% from FY 2021). Profit margin: 4.9% (up from 4.2% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 20ISB Corporation to Report Fiscal Year 2022 Results on Feb 14, 2023ISB Corporation announced that they will report fiscal year 2022 results on Feb 14, 2023Upcoming Dividend • Dec 22Upcoming dividend of JP¥37.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 28 March 2023. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.9%).Reported Earnings • Nov 19Third quarter 2022 earnings released: EPS: JP¥31.17 (vs JP¥11.99 in 3Q 2021)Third quarter 2022 results: EPS: JP¥31.17 (up from JP¥11.99 in 3Q 2021). Revenue: JP¥7.25b (up 15% from 3Q 2021). Net income: JP¥355.0m (up 161% from 3Q 2021). Profit margin: 4.9% (up from 2.2% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 3 highly experienced directors. No independent directors (8 non-independent directors). Director Kazushi Wakao was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Nov 02Third quarter 2022 earnings released: EPS: JP¥31.17 (vs JP¥11.99 in 3Q 2021)Third quarter 2022 results: EPS: JP¥31.17 (up from JP¥11.99 in 3Q 2021). Revenue: JP¥7.25b (up 15% from 3Q 2021). Net income: JP¥355.0m (up 161% from 3Q 2021). Profit margin: 4.9% (up from 2.2% in 3Q 2021). The increase in margin was driven by higher revenue. 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 14% per year.お知らせ • Nov 01+ 1 more updateISB Corporation Provides Dividend Guidance for the Year Ending December 31, 2022ISB Corporation provided dividend guidance for the year ending December 31, 2022. For the period, the company expects a dividend of ¥37.00 per share against ¥30.00 per share paid a year ago.お知らせ • Sep 01ISB Corporation to Report Q3, 2022 Results on Oct 31, 2022ISB Corporation announced that they will report Q3, 2022 results on Oct 31, 2022Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improved over the past weekAfter last week's 20% share price gain to JP¥1,243, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 24x in the Software industry in Japan. Total returns to shareholders of 85% over the past three years.お知らせ • Aug 02+ 1 more updateISB Corporation Provides Earnings Guidance for the Full Year Ending December 31, 2022ISB Corporation provided earnings guidance for the full year ending December 31, 2022. For the year, the company expected net sales of JPY 28,673 million, operating profit of JPY 2,286 million, profit attributable to owners of parent of JPY 1,404 million or Earnings per share of 123.28.Reported Earnings • Jul 31Second quarter 2022 earnings released: EPS: JP¥21.88 (vs JP¥10.20 in 2Q 2021)Second quarter 2022 results: EPS: JP¥21.88 (up from JP¥10.20 in 2Q 2021). Revenue: JP¥7.12b (up 16% from 2Q 2021). Net income: JP¥249.0m (up 115% from 2Q 2021). Profit margin: 3.5% (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 increased by 20% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 04ISB Corporation to Report Q2, 2022 Results on Jul 29, 2022ISB Corporation announced that they will report Q2, 2022 results on Jul 29, 2022お知らせ • May 03ISB Corporation Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2022 and Full Year Ending December 31, 2022ISB Corporation provided consolidated earnings guidance for the six months ending June 30, 2022 and full year ending December 31, 2022. For six months, the company expected consolidated net sales to be JPY 13,500 million, operating profit to be JPY 890 million, Profit attributable to owners of parent to be JPY 530 million and Earnings per share to be JPY 46.64.For full year, the company expected consolidated net sales to be JPY 28,000 million, operating profit to be JPY 2,070 million, Profit attributable to owners of parent to be JPY 1,240 million and Earnings per share to be JPY 109.13.Reported Earnings • Apr 30First quarter 2022 earnings released: EPS: JP¥39.16 (vs JP¥46.92 in 1Q 2021)First quarter 2022 results: EPS: JP¥39.16 (down from JP¥46.92 in 1Q 2021). Revenue: JP¥7.06b (up 5.5% from 1Q 2021). Net income: JP¥445.0m (down 16% from 1Q 2021). Profit margin: 6.3% (down from 8.0% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 3 highly experienced directors. No independent directors (7 non-independent directors). Director Kazushi Wakao was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Buying Opportunity • Apr 11Now 22% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be JP¥1,398, 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 26%.お知らせ • Apr 08ISB Corporation to Report Q1, 2022 Results on Apr 28, 2022ISB Corporation announced that they will report Q1, 2022 results on Apr 28, 2022Reported Earnings • Feb 17Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥97.75 (up from JP¥94.07 in FY 2020). Revenue: JP¥26.2b (up 7.1% from FY 2020). Net income: JP¥1.11b (up 12% from FY 2020). Profit margin: 4.2% (up from 4.1% in FY 2020). 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 increased by 26% 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 • Feb 16+ 3 more updatesISB Corporation Announces Dividend for the Year Ended December 31, 2021, Payable on March 28, 2022ISB Corporation announced dividend of JPY 30.00 for the year ended December 31, 2021. Scheduled date to commence dividend payments is March 28, 2022.Upcoming Dividend • Dec 22Upcoming dividend of JP¥29.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 29 March 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.5%).Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS JP¥11.99 (vs JP¥19.35 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥6.29b (up 5.6% from 3Q 2020). Net income: JP¥136.0m (down 33% from 3Q 2020). Profit margin: 2.2% (down from 3.4% in 3Q 2020). The decrease in margin was driven by higher expenses. 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 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 04Second quarter 2021 earnings released: EPS JP¥10.21 (vs JP¥17.11 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: JP¥6.16b (up 6.3% from 2Q 2020). Net income: JP¥116.0m (down 34% from 2Q 2020). Profit margin: 1.9% (down from 3.0% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 03Second quarter 2021 earnings released: EPS JP¥10.21 (vs JP¥17.11 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: JP¥6.16b (up 6.3% from 2Q 2020). Net income: JP¥116.0m (down 34% from 2Q 2020). Profit margin: 1.9% (down from 3.0% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 02Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to JP¥1,242, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 30x in the Software industry in Japan. Total returns to shareholders of 19% over the past three years.Reported Earnings • May 23First quarter 2021 earnings released: EPS JP¥46.92 (vs JP¥31.54 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥6.69b (up 5.5% from 1Q 2020). Net income: JP¥532.0m (up 65% from 1Q 2020). Profit margin: 8.0% (up from 5.1% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 01First quarter 2021 earnings released: EPS JP¥46.91 (vs JP¥31.54 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥6.69b (up 5.5% from 1Q 2020). Net income: JP¥532.0m (up 65% from 1Q 2020). Profit margin: 8.0% (up from 5.1% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 31Full year 2020 earnings released: EPS JP¥94.06 (vs JP¥62.00 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥24.4b (up 8.5% from FY 2019). Net income: JP¥994.0m (up 57% from FY 2019). Profit margin: 4.1% (up from 2.8% in FY 2019). 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 but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 12ISB Corporation to Report Q1, 2021 Results on Apr 28, 2021ISB Corporation announced that they will report Q1, 2021 results on Apr 28, 2021Is New 90 Day High Low • Feb 18New 90-day low: JP¥1,260The company is down 2.0% from its price of JP¥1,287 on 20 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 6.0% over the same period.お知らせ • Feb 17ISB Corporation, Annual General Meeting, Mar 26, 2021ISB Corporation, Annual General Meeting, Mar 26, 2021.Reported Earnings • Feb 17Full year 2020 earnings released: EPS JP¥188 (vs JP¥62.00 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥24.4b (up 8.5% from FY 2019). Net income: JP¥994.0m (up 57% from FY 2019). Profit margin: 4.1% (up from 2.8% in FY 2019). 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 but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 05ISB Corporation to Report Fiscal Year 2020 Results on Feb 15, 2021ISB Corporation announced that they will report fiscal year 2020 results on Feb 15, 2021収支内訳ISB 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:9702 収益、費用、利益 ( )JPY Millions日付収益収益G+A経費研究開発費31 Dec 2537,0201,4356,100030 Sep 2536,6361,4286,203030 Jun 2535,7201,6935,995031 Mar 2535,1361,9985,771031 Dec 2433,9542,0325,440030 Sep 2433,3531,7814,912030 Jun 2433,1421,8304,797031 Mar 2432,5531,6534,721031 Dec 2332,3881,4724,701030 Sep 2331,5991,6154,583030 Jun 2330,6981,4914,500031 Mar 2330,2621,5574,362031 Dec 2228,9521,4234,281030 Sep 2228,4641,3754,104030 Jun 2227,5041,1564,043031 Mar 2226,5461,0233,978031 Dec 2126,1761,1103,974030 Sep 2125,4801,0783,957030 Jun 2125,1481,1453,877031 Mar 2124,7851,2043,813031 Dec 2024,4349943,726030 Sep 2024,0228703,615030 Jun 2023,6598053,579031 Mar 2023,1586503,532031 Dec 1922,5206333,485030 Sep 1921,1016003,40422830 Jun 1919,7455113,10922831 Mar 1918,6585782,77622831 Dec 1817,4415462,42422830 Sep 1817,3185232,36632230 Jun 1817,1194782,30532231 Mar 1816,7084162,19332231 Dec 1716,6683072,14332230 Sep 1715,7502322,174030 Jun 1715,0022521,942031 Mar 1714,3832971,716031 Dec 1613,3951751,517030 Sep 1613,4072971,426030 Jun 1613,3262661,419031 Mar 1613,2212421,363031 Dec 1512,8231801,317030 Sep 1512,673511,297030 Jun 1512,7881191,2610質の高い収益: 9702は 高品質の収益 を持っています。利益率の向上: 9702の現在の純利益率 (3.9%)は、昨年(6%)よりも低くなっています。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: 9702の収益は過去 5 年間で年間10.8%増加しました。成長の加速: 9702は過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: 9702は過去 1 年間で収益成長率がマイナス ( -29.4% ) となったため、 Software業界平均 ( 18.8% ) と比較することが困難です。株主資本利益率高いROE: 9702の 自己資本利益率 ( 9.9% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YSoftware 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/08 23:26終値2026/05/08 00:00収益2025/12/31年間収益2025/12/31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ISB Corporation 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Reported Earnings • Feb 16Full year 2025 earnings released: EPS: JP¥125 (vs JP¥178 in FY 2024)Full year 2025 results: EPS: JP¥125 (down from JP¥178 in FY 2024). Revenue: JP¥37.0b (up 9.0% from FY 2024). Net income: JP¥1.44b (down 29% from FY 2024). Profit margin: 3.9% (down from 6.0% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Dec 03ISB Corporation to Report Fiscal Year 2025 Results on Feb 13, 2026ISB Corporation announced that they will report fiscal year 2025 results on Feb 13, 2026
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: JP¥14.39 (vs JP¥37.66 in 3Q 2024)Third quarter 2025 results: EPS: JP¥14.39 (down from JP¥37.66 in 3Q 2024). Revenue: JP¥9.28b (up 11% from 3Q 2024). Net income: JP¥165.0m (down 62% from 3Q 2024). Profit margin: 1.8% (down from 5.1% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 9% per year.
お知らせ • Sep 27ISB Corporation to Report Q3, 2025 Results on Nov 10, 2025ISB Corporation announced that they will report Q3, 2025 results on Nov 10, 2025
Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: JP¥4.80 (vs JP¥31.49 in 2Q 2024)Second quarter 2025 results: EPS: JP¥4.80 (down from JP¥31.49 in 2Q 2024). Revenue: JP¥8.73b (up 7.2% from 2Q 2024). Net income: JP¥55.0m (down 85% from 2Q 2024). Profit margin: 0.6% (down from 4.4% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 27ISB Corporation to Report Q2, 2025 Results on Aug 07, 2025ISB Corporation announced that they will report Q2, 2025 results on Aug 07, 2025
New Risk • Feb 18New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 101% Dividend yield: 3.8% 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 (101% cash payout ratio). Profit margins are more than 30% lower than last year (3.9% net profit margin).
Reported Earnings • Feb 16Full year 2025 earnings released: EPS: JP¥125 (vs JP¥178 in FY 2024)Full year 2025 results: EPS: JP¥125 (down from JP¥178 in FY 2024). Revenue: JP¥37.0b (up 9.0% from FY 2024). Net income: JP¥1.44b (down 29% from FY 2024). Profit margin: 3.9% (down from 6.0% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 14+ 1 more updateISB Corporation Announces Year-End Dividend for the Year Ended December 31, 2025, Payable on March 30, 2026; Provides Year-End Dividend Guidance for the Fiscal Year Ending December 31, 2026ISB Corporation announced year-end dividend of JPY 55.00 per share for the year ended December 31, 2025 against JPY 54.00 per share a year ago. Scheduled date to commence dividend payments: March 30, 2026. The company provided year-end dividend guidance of JPY 70.00 per share for the fiscal year ending December 31, 2026 against JPY 55.00 per share a year ago.
お知らせ • Feb 13ISB Corporation, Annual General Meeting, Mar 27, 2026ISB Corporation, Annual General Meeting, Mar 27, 2026.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥55.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 31 March 2026. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).
分析記事 • Dec 04ISB (TSE:9702) Is Increasing Its Dividend To ¥55.00The board of ISB Corporation ( TSE:9702 ) has announced that it will be paying its dividend of ¥55.00 on the 31st of...
お知らせ • Dec 03ISB Corporation to Report Fiscal Year 2025 Results on Feb 13, 2026ISB Corporation announced that they will report fiscal year 2025 results on Feb 13, 2026
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: JP¥14.39 (vs JP¥37.66 in 3Q 2024)Third quarter 2025 results: EPS: JP¥14.39 (down from JP¥37.66 in 3Q 2024). Revenue: JP¥9.28b (up 11% from 3Q 2024). Net income: JP¥165.0m (down 62% from 3Q 2024). Profit margin: 1.8% (down from 5.1% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 9% per year.
分析記事 • Sep 28ISB (TSE:9702) Has Announced That It Will Be Increasing Its Dividend To ¥55.00ISB Corporation ( TSE:9702 ) will increase its dividend from last year's comparable payment on the 31st of March to...
お知らせ • Sep 27ISB Corporation to Report Q3, 2025 Results on Nov 10, 2025ISB Corporation announced that they will report Q3, 2025 results on Nov 10, 2025
Declared Dividend • Aug 09Dividend increased to JP¥55.00Dividend of JP¥55.00 is 1.9% higher than last year. Ex-date: 29th December 2025 Payment date: 31st March 2026 Dividend yield will be 3.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (36% earnings payout ratio) and cash flows (69% cash payout ratio). The dividend has increased by an average of 16% 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 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: JP¥4.80 (vs JP¥31.49 in 2Q 2024)Second quarter 2025 results: EPS: JP¥4.80 (down from JP¥31.49 in 2Q 2024). Revenue: JP¥8.73b (up 7.2% from 2Q 2024). Net income: JP¥55.0m (down 85% from 2Q 2024). Profit margin: 0.6% (down from 4.4% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 27ISB Corporation to Report Q2, 2025 Results on Aug 07, 2025ISB Corporation announced that they will report Q2, 2025 results on Aug 07, 2025
Reported Earnings • May 09First quarter 2025 earnings released: EPS: JP¥63.48 (vs JP¥66.57 in 1Q 2024)First quarter 2025 results: EPS: JP¥63.48 (down from JP¥66.57 in 1Q 2024). Revenue: JP¥9.71b (up 14% from 1Q 2024). Net income: JP¥726.0m (down 4.5% from 1Q 2024). Profit margin: 7.5% (down from 8.9% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
New Risk • Apr 04New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.3b (US$98.2m) 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. This is currently the only risk that has been identified for the company.
お知らせ • Mar 18ISB Corporation to Report Q1, 2025 Results on May 08, 2025ISB Corporation announced that they will report Q1, 2025 results on May 08, 2025
お知らせ • Feb 17+ 2 more updatesISB Corporation Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2025 and for the Full Year Ending December 31, 2025ISB Corporation provided consolidated earnings guidance for the six months ending June 30, 2025 and for the year ending December 31, 2025. For the six months ending June 30, 2025, the company expects net sales of JPY 17,700 million, operating profit of JPY 950 million, profit attributable to owners of parent of JPY 670 million or JPY 58.60 earnings per share. For the year ending December 31, 2025, the company expects net sales of JPY 36,100 million, operating profit of JPY 2,200 million, profit attributable to owners of parent of JPY 1,570 million or JPY 137.30 earnings per share.
Reported Earnings • Feb 16Full year 2024 earnings released: EPS: JP¥178 (vs JP¥129 in FY 2023)Full year 2024 results: EPS: JP¥178 (up from JP¥129 in FY 2023). Revenue: JP¥34.0b (up 4.8% from FY 2023). Net income: JP¥2.03b (up 38% from FY 2023). Profit margin: 6.0% (up from 4.5% 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 19% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 14ISB Corporation, Annual General Meeting, Mar 28, 2025ISB Corporation, Annual General Meeting, Mar 28, 2025.
Upcoming Dividend • Dec 20Upcoming dividend of JP¥46.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 28 March 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.3%).
New Risk • Dec 19New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.6b (US$99.4m) 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥15.6b market cap, or US$99.4m).
分析記事 • Dec 18ISB's (TSE:9702) Upcoming Dividend Will Be Larger Than Last Year'sThe board of ISB Corporation ( TSE:9702 ) has announced that it will be paying its dividend of ¥46.00 on the 28th of...
分析記事 • Dec 04ISB (TSE:9702) Is Increasing Its Dividend To ¥46.00ISB Corporation ( TSE:9702 ) has announced that it will be increasing its dividend from last year's comparable payment...
お知らせ • Dec 03ISB Corporation to Report Fiscal Year 2024 Results on Feb 14, 2025ISB Corporation announced that they will report fiscal year 2024 results on Feb 14, 2025
New Risk • Nov 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.6b (US$99.9m) 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥15.6b market cap, or US$99.9m).
Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: JP¥37.59 (vs JP¥41.95 in 3Q 2023)Third quarter 2024 results: EPS: JP¥37.59 (down from JP¥41.95 in 3Q 2023). Revenue: JP¥8.37b (up 2.6% from 3Q 2023). Net income: JP¥430.0m (down 10% from 3Q 2023). Profit margin: 5.1% (down from 5.9% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 28ISB Corporation to Report Q3, 2024 Results on Oct 30, 2024ISB Corporation announced that they will report Q3, 2024 results on Oct 30, 2024
分析記事 • Sep 24ISB (TSE:9702) Is Paying Out A Larger Dividend Than Last YearISB Corporation ( TSE:9702 ) has announced that it will be increasing its dividend from last year's comparable payment...
分析記事 • Aug 27Solid Earnings Reflect ISB's (TSE:9702) Strength As A BusinessEven though ISB Corporation's ( TSE:9702 ) recent earnings release was robust, the market didn't seem to notice. Our...
Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥1,329, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 19x in the Software industry in Japan. Total returns to shareholders of 21% over the past three years.
New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.8% average weekly change).
分析記事 • Aug 02ISB's (TSE:9702) Upcoming Dividend Will Be Larger Than Last Year'sISB Corporation's ( TSE:9702 ) dividend will be increasing from last year's payment of the same period to ¥46.00 on...
Declared Dividend • Aug 02Dividend increased to JP¥46.00Dividend of JP¥46.00 is 9.5% higher than last year. Ex-date: 27th December 2024 Payment date: 28th March 2025 Dividend yield will be 3.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 26% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 01Second quarter 2024 earnings released: EPS: JP¥31.49 (vs JP¥16.04 in 2Q 2023)Second quarter 2024 results: EPS: JP¥31.49 (up from JP¥16.04 in 2Q 2023). Revenue: JP¥8.14b (up 7.8% from 2Q 2023). Net income: JP¥360.0m (up 97% from 2Q 2023). Profit margin: 4.4% (up from 2.4% 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 17% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 02ISB Corporation to Report Q2, 2024 Results on Jul 30, 2024ISB Corporation announced that they will report Q2, 2024 results on Jul 30, 2024
Reported Earnings • May 01First quarter 2024 earnings released: EPS: JP¥66.56 (vs JP¥50.84 in 1Q 2023)First quarter 2024 results: EPS: JP¥66.56 (up from JP¥50.84 in 1Q 2023). Revenue: JP¥8.53b (up 2.0% from 1Q 2023). Net income: JP¥760.0m (up 31% from 1Q 2023). Profit margin: 8.9% (up from 6.9% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • May 01+ 1 more updateISB Corporation Provides Dividend Guidance for the Year Ending December 31, 2024ISB Corporation provided dividend guidance for the year ending December 31, 2024. For the year, the company expects to pay dividend of JPY 46.00 against JPY 42.00 a year ago.
New Risk • Apr 03New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.1b (US$99.5m) 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥15.1b market cap, or US$99.5m).
お知らせ • Mar 15ISB Corporation to Report Q1, 2024 Results on Apr 30, 2024ISB Corporation announced that they will report Q1, 2024 results on Apr 30, 2024
Reported Earnings • Feb 20Full year 2023 earnings released: EPS: JP¥129 (vs JP¥125 in FY 2022)Full year 2023 results: EPS: JP¥129 (up from JP¥125 in FY 2022). Revenue: JP¥32.4b (up 12% from FY 2022). Net income: JP¥1.47b (up 3.4% from FY 2022). Profit margin: 4.5% (down from 4.9% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 16ISB Corporation Provides Cash Dividend Guidance for the Year Ending December 31, 2024ISB Corporation provided cash dividend guidance for the year ending December 31, 2024. For the year, the company expects to pay dividend of JPY 42.00 against JPY 42.00 a year ago.
お知らせ • Feb 15+ 2 more updatesISB Corporation, Annual General Meeting, Mar 27, 2024ISB Corporation, Annual General Meeting, Mar 27, 2024.
お知らせ • Dec 22ISB Corporation to Report Fiscal Year 2023 Results on Feb 14, 2024ISB Corporation announced that they will report fiscal year 2023 results on Feb 14, 2024
Upcoming Dividend • Dec 21Upcoming dividend of JP¥42.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 01 April 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.5%).
お知らせ • Nov 01ISB Corporation Provides Dividend Guidance for the Year Ending December 31, 2023ISB Corporation provided dividend guidance for the year ending December 31, 2023. For the year, the company expects to pay a dividend of JPY 42.00 per share against JPY 40.00 per share paid a year ago..
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: JP¥41.95 (vs JP¥31.18 in 3Q 2022)Third quarter 2023 results: EPS: JP¥41.95 (up from JP¥31.18 in 3Q 2022). Revenue: JP¥8.15b (up 12% from 3Q 2022). Net income: JP¥479.0m (up 35% from 3Q 2022). Profit margin: 5.9% (up from 4.9% 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 15% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
New Risk • Oct 24New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.8b (US$98.9m) 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥14.8b market cap, or US$98.9m).
お知らせ • Aug 30ISB Corporation to Report Q3, 2023 Results on Oct 30, 2023ISB Corporation announced that they will report Q3, 2023 results on Oct 30, 2023
Reported Earnings • Aug 01Second quarter 2023 earnings released: EPS: JP¥16.04 (vs JP¥21.88 in 2Q 2022)Second quarter 2023 results: EPS: JP¥16.04 (down from JP¥21.88 in 2Q 2022). Revenue: JP¥7.55b (up 6.1% from 2Q 2022). Net income: JP¥183.0m (down 27% from 2Q 2022). Profit margin: 2.4% (down from 3.5% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • Aug 01+ 1 more updateISB Corporation Provides Consolidated Earnings Guidance for the Year Ending December 31, 2023ISB Corporation provided consolidated earnings guidance for the year ending December 31, 2023. For the period, the company expects net sales of ¥31,000 million, Operating profit of ¥2,600 million, Profit attributable to owners of the parent of ¥1,590 million or ¥139.61 per share.
お知らせ • May 31ISB Corporation to Report Q2, 2023 Results on Jul 31, 2023ISB Corporation announced that they will report Q2, 2023 results on Jul 31, 2023
お知らせ • May 17+ 1 more updateISB Corporation Provides Consolidated Earnings Guidance Six Months Ending June 30, 2023 and for the Year Ending December 31, 2023ISB Corporation provided consolidated earnings guidance six months ending June 30, 2023 and for the year ending December 31, 2023. For the six, the company expects net sales of ¥15,500 million, Operating profit of ¥1,200 million, Profit attributable to owners of parent of ¥700 million or ¥61.46 per share.For the period, the company expects net sales of ¥31,000 million, Operating profit of ¥2,600 million, Profit attributable to owners of parent of ¥1,590 million or ¥139.61 per share.
Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥1,489, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 22x in the Software industry in Japan. Total returns to shareholders of 95% over the past three years.
Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: JP¥50.84 (vs JP¥39.16 in 1Q 2022)First quarter 2023 results: EPS: JP¥50.84 (up from JP¥39.16 in 1Q 2022). Revenue: JP¥8.37b (up 19% from 1Q 2022). Net income: JP¥579.0m (up 30% from 1Q 2022). Profit margin: 6.9% (up from 6.3% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 15% per year.
Reported Earnings • Mar 01Full year 2022 earnings released: EPS: JP¥125 (vs JP¥97.75 in FY 2021)Full year 2022 results: EPS: JP¥125 (up from JP¥97.75 in FY 2021). Revenue: JP¥29.0b (up 11% from FY 2021). Net income: JP¥1.42b (up 28% from FY 2021). Profit margin: 4.9% (up from 4.2% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 20ISB Corporation to Report Fiscal Year 2022 Results on Feb 14, 2023ISB Corporation announced that they will report fiscal year 2022 results on Feb 14, 2023
Upcoming Dividend • Dec 22Upcoming dividend of JP¥37.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 28 March 2023. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.9%).
Reported Earnings • Nov 19Third quarter 2022 earnings released: EPS: JP¥31.17 (vs JP¥11.99 in 3Q 2021)Third quarter 2022 results: EPS: JP¥31.17 (up from JP¥11.99 in 3Q 2021). Revenue: JP¥7.25b (up 15% from 3Q 2021). Net income: JP¥355.0m (up 161% from 3Q 2021). Profit margin: 4.9% (up from 2.2% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 3 highly experienced directors. No independent directors (8 non-independent directors). Director Kazushi Wakao was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 02Third quarter 2022 earnings released: EPS: JP¥31.17 (vs JP¥11.99 in 3Q 2021)Third quarter 2022 results: EPS: JP¥31.17 (up from JP¥11.99 in 3Q 2021). Revenue: JP¥7.25b (up 15% from 3Q 2021). Net income: JP¥355.0m (up 161% from 3Q 2021). Profit margin: 4.9% (up from 2.2% in 3Q 2021). The increase in margin was driven by higher revenue. 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 14% per year.
お知らせ • Nov 01+ 1 more updateISB Corporation Provides Dividend Guidance for the Year Ending December 31, 2022ISB Corporation provided dividend guidance for the year ending December 31, 2022. For the period, the company expects a dividend of ¥37.00 per share against ¥30.00 per share paid a year ago.
お知らせ • Sep 01ISB Corporation to Report Q3, 2022 Results on Oct 31, 2022ISB Corporation announced that they will report Q3, 2022 results on Oct 31, 2022
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improved over the past weekAfter last week's 20% share price gain to JP¥1,243, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 24x in the Software industry in Japan. Total returns to shareholders of 85% over the past three years.
お知らせ • Aug 02+ 1 more updateISB Corporation Provides Earnings Guidance for the Full Year Ending December 31, 2022ISB Corporation provided earnings guidance for the full year ending December 31, 2022. For the year, the company expected net sales of JPY 28,673 million, operating profit of JPY 2,286 million, profit attributable to owners of parent of JPY 1,404 million or Earnings per share of 123.28.
Reported Earnings • Jul 31Second quarter 2022 earnings released: EPS: JP¥21.88 (vs JP¥10.20 in 2Q 2021)Second quarter 2022 results: EPS: JP¥21.88 (up from JP¥10.20 in 2Q 2021). Revenue: JP¥7.12b (up 16% from 2Q 2021). Net income: JP¥249.0m (up 115% from 2Q 2021). Profit margin: 3.5% (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 increased by 20% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 04ISB Corporation to Report Q2, 2022 Results on Jul 29, 2022ISB Corporation announced that they will report Q2, 2022 results on Jul 29, 2022
お知らせ • May 03ISB Corporation Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2022 and Full Year Ending December 31, 2022ISB Corporation provided consolidated earnings guidance for the six months ending June 30, 2022 and full year ending December 31, 2022. For six months, the company expected consolidated net sales to be JPY 13,500 million, operating profit to be JPY 890 million, Profit attributable to owners of parent to be JPY 530 million and Earnings per share to be JPY 46.64.For full year, the company expected consolidated net sales to be JPY 28,000 million, operating profit to be JPY 2,070 million, Profit attributable to owners of parent to be JPY 1,240 million and Earnings per share to be JPY 109.13.
Reported Earnings • Apr 30First quarter 2022 earnings released: EPS: JP¥39.16 (vs JP¥46.92 in 1Q 2021)First quarter 2022 results: EPS: JP¥39.16 (down from JP¥46.92 in 1Q 2021). Revenue: JP¥7.06b (up 5.5% from 1Q 2021). Net income: JP¥445.0m (down 16% from 1Q 2021). Profit margin: 6.3% (down from 8.0% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 3 highly experienced directors. No independent directors (7 non-independent directors). Director Kazushi Wakao was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Buying Opportunity • Apr 11Now 22% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be JP¥1,398, 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 26%.
お知らせ • Apr 08ISB Corporation to Report Q1, 2022 Results on Apr 28, 2022ISB Corporation announced that they will report Q1, 2022 results on Apr 28, 2022
Reported Earnings • Feb 17Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥97.75 (up from JP¥94.07 in FY 2020). Revenue: JP¥26.2b (up 7.1% from FY 2020). Net income: JP¥1.11b (up 12% from FY 2020). Profit margin: 4.2% (up from 4.1% in FY 2020). 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 increased by 26% 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 • Feb 16+ 3 more updatesISB Corporation Announces Dividend for the Year Ended December 31, 2021, Payable on March 28, 2022ISB Corporation announced dividend of JPY 30.00 for the year ended December 31, 2021. Scheduled date to commence dividend payments is March 28, 2022.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥29.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 29 March 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.5%).
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS JP¥11.99 (vs JP¥19.35 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥6.29b (up 5.6% from 3Q 2020). Net income: JP¥136.0m (down 33% from 3Q 2020). Profit margin: 2.2% (down from 3.4% in 3Q 2020). The decrease in margin was driven by higher expenses. 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 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 04Second quarter 2021 earnings released: EPS JP¥10.21 (vs JP¥17.11 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: JP¥6.16b (up 6.3% from 2Q 2020). Net income: JP¥116.0m (down 34% from 2Q 2020). Profit margin: 1.9% (down from 3.0% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 03Second quarter 2021 earnings released: EPS JP¥10.21 (vs JP¥17.11 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: JP¥6.16b (up 6.3% from 2Q 2020). Net income: JP¥116.0m (down 34% from 2Q 2020). Profit margin: 1.9% (down from 3.0% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 02Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to JP¥1,242, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 30x in the Software industry in Japan. Total returns to shareholders of 19% over the past three years.
Reported Earnings • May 23First quarter 2021 earnings released: EPS JP¥46.92 (vs JP¥31.54 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥6.69b (up 5.5% from 1Q 2020). Net income: JP¥532.0m (up 65% from 1Q 2020). Profit margin: 8.0% (up from 5.1% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 01First quarter 2021 earnings released: EPS JP¥46.91 (vs JP¥31.54 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥6.69b (up 5.5% from 1Q 2020). Net income: JP¥532.0m (up 65% from 1Q 2020). Profit margin: 8.0% (up from 5.1% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 31Full year 2020 earnings released: EPS JP¥94.06 (vs JP¥62.00 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥24.4b (up 8.5% from FY 2019). Net income: JP¥994.0m (up 57% from FY 2019). Profit margin: 4.1% (up from 2.8% in FY 2019). 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 but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 12ISB Corporation to Report Q1, 2021 Results on Apr 28, 2021ISB Corporation announced that they will report Q1, 2021 results on Apr 28, 2021
Is New 90 Day High Low • Feb 18New 90-day low: JP¥1,260The company is down 2.0% from its price of JP¥1,287 on 20 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 6.0% over the same period.
お知らせ • Feb 17ISB Corporation, Annual General Meeting, Mar 26, 2021ISB Corporation, Annual General Meeting, Mar 26, 2021.
Reported Earnings • Feb 17Full year 2020 earnings released: EPS JP¥188 (vs JP¥62.00 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥24.4b (up 8.5% from FY 2019). Net income: JP¥994.0m (up 57% from FY 2019). Profit margin: 4.1% (up from 2.8% in FY 2019). 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 but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 05ISB Corporation to Report Fiscal Year 2020 Results on Feb 15, 2021ISB Corporation announced that they will report fiscal year 2020 results on Feb 15, 2021