View ValuationSmartvalue 将来の成長Future 基準チェック /06現在、 Smartvalueの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Telecom 収益成長6.0%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesReported Earnings • 8hThird quarter 2026 earnings released: JP¥23.08 loss per share (vs JP¥13.09 loss in 3Q 2025)Third quarter 2026 results: JP¥23.08 loss per share (further deteriorated from JP¥13.09 loss in 3Q 2025). Revenue: JP¥1.39b (up 26% from 3Q 2025). Net loss: JP¥231.0m (loss widened 70% from 3Q 2025). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.8% 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: Major Risk High level of non-cash earnings (90% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (JP¥3.67b market cap, or US$23.0m).Valuation Update With 7 Day Price Move • Apr 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥385, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 13x in the Telecom industry in Japan. Total loss to shareholders of 1.1% over the past three years.Valuation Update With 7 Day Price Move • Feb 20Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥334, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 14x in the Telecom industry in Japan. Total loss to shareholders of 25% over the past three years.New Risk • Feb 18New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 90% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (90% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥3.55b market cap, or US$23.1m).Reported Earnings • Feb 16Second quarter 2026 earnings released: JP¥38.12 loss per share (vs JP¥8.18 loss in 2Q 2025)Second quarter 2026 results: JP¥38.12 loss per share (further deteriorated from JP¥8.18 loss in 2Q 2025). Revenue: JP¥1.59b (up 59% from 2Q 2025). Net loss: JP¥385.0m (loss widened 353% from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.お知らせ • Nov 29Smartvalue Co., Ltd. to Report Q2, 2026 Results on Feb 13, 2026Smartvalue Co., Ltd. announced that they will report Q2, 2026 results on Feb 13, 2026お知らせ • Sep 27Smartvalue Co., Ltd. to Report Q1, 2026 Results on Nov 14, 2025Smartvalue Co., Ltd. announced that they will report Q1, 2026 results on Nov 14, 2025お知らせ • Sep 06Smartvalue Co., Ltd. (TSE:9417) announces an Equity Buyback for 470,000 shares, representing 4.52% for ¥200 million.Smartvalue Co., Ltd. (TSE:9417) announces a share repurchase program. Under the program, the company will repurchase up to 470,000 shares, representing 4.52% of its issued share capital (excluding treasury stock), for a total purchase price of ¥200 million. The purpose of the program is to improve capital efficiency and enhance shareholder returns. The program will continue through November 30, 2025. As of June 30, 2025, the company had 10,392,310 issued shares (excluding treasury stock) and 287,490 treasury shares.Reported Earnings • Aug 16Full year 2025 earnings released: EPS: JP¥88.14 (vs JP¥33.49 loss in FY 2024)Full year 2025 results: EPS: JP¥88.14 (up from JP¥33.49 loss in FY 2024). Revenue: JP¥4.36b (up 14% from FY 2024). Net income: JP¥916.0m (up JP¥1.26b from FY 2024). Profit margin: 21% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.お知らせ • Aug 14Smartvalue Co., Ltd., Annual General Meeting, Sep 26, 2025Smartvalue Co., Ltd., Annual General Meeting, Sep 26, 2025.分析記事 • Jul 22Is Smartvalue (TSE:9417) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...お知らせ • Jul 02WingArc1st Inc. (TSE:4432) acquired Digital Government Business from Smartvalue Co., Ltd. (TSE:9417).WingArc1st Inc. (TSE:4432) agreed to acquire Digital Government Business from Smartvalue Co., Ltd. (TSE:9417) for ¥2.3 billion on April 10, 2025. A cash consideration of ¥2.3 billion will be paid by WingArc1st Inc. As part of consideration, ¥2.3 billion is paid towards assets of Digital Government Business of Smartvalue Co., Ltd. Smartvalue will issue target'a 500 common shares at the time of the Company Split. For the period ending June 30, 2024, Digital Government Business of Smartvalue Co., Ltd reported total revenue of ¥3.81 billion, operating loss of ¥308 million and net loss of ¥348 million. As of June 30, 2024, Digital Government Business of Smartvalue Co., Ltd reported total assets of ¥4.04 billion and total common equity of ¥2.16 billion. The expected completion of the transaction is June 30, 2025. WingArc1st Inc. (TSE:4432) completed the acquisition of Digital Government Business from Smartvalue Co., Ltd. (TSE:9417) on June 30, 2025.お知らせ • Jun 27Smartvalue Co., Ltd. to Report Fiscal Year 2025 Results on Aug 14, 2025Smartvalue Co., Ltd. announced that they will report fiscal year 2025 results on Aug 14, 2025Upcoming Dividend • Jun 20Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 29 September 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (4.0%). Lower than average of industry peers (3.3%).New Risk • Jun 16New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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 Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Market cap is less than US$100m (JP¥4.33b market cap, or US$30.1m).Reported Earnings • May 21Third quarter 2025 earnings released: JP¥13.09 loss per share (vs JP¥1.25 loss in 3Q 2024)Third quarter 2025 results: JP¥13.09 loss per share (further deteriorated from JP¥1.25 loss in 3Q 2024). Revenue: JP¥1.10b (down 1.9% from 3Q 2024). Net loss: JP¥136.0m (loss widened JP¥123.0m from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.分析記事 • May 07Smartvalue Co., Ltd.'s (TSE:9417) P/S Is Still On The Mark Following 28% Share Price BounceSmartvalue Co., Ltd. ( TSE:9417 ) shares have had a really impressive month, gaining 28% after a shaky period...分析記事 • Apr 10Is Smartvalue (TSE:9417) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...New Risk • Apr 07New 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 7.1% 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 Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (JP¥3.18b market cap, or US$21.7m).お知らせ • Apr 03Smartvalue Co., Ltd. to Report Q3, 2025 Results on May 15, 2025Smartvalue Co., Ltd. announced that they will report Q3, 2025 results on May 15, 2025Reported Earnings • Feb 16Second quarter 2025 earnings released: JP¥8.18 loss per share (vs JP¥10.87 loss in 2Q 2024)Second quarter 2025 results: JP¥8.18 loss per share (improved from JP¥10.87 loss in 2Q 2024). Revenue: JP¥1.00b (up 7.1% from 2Q 2024). Net loss: JP¥85.0m (loss narrowed 25% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.お知らせ • Dec 05Smartvalue Co., Ltd. to Report Q2, 2025 Results on Feb 14, 2025Smartvalue Co., Ltd. announced that they will report Q2, 2025 results on Feb 14, 2025Reported Earnings • Oct 03Full year 2024 earnings released: JP¥33.49 loss per share (vs JP¥4.75 loss in FY 2023)Full year 2024 results: JP¥33.49 loss per share (further deteriorated from JP¥4.75 loss in FY 2023). Revenue: JP¥3.81b (down 1.5% from FY 2023). Net loss: JP¥348.0m (loss widened JP¥300.0m from FY 2023). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.お知らせ • Aug 28Smartvalue Co., Ltd. to Report Q1, 2025 Results on Nov 14, 2024Smartvalue Co., Ltd. announced that they will report Q1, 2025 results on Nov 14, 2024Reported Earnings • Aug 19Full year 2024 earnings released: JP¥33.49 loss per share (vs JP¥4.75 loss in FY 2023)Full year 2024 results: JP¥33.49 loss per share (further deteriorated from JP¥4.75 loss in FY 2023). Revenue: JP¥3.81b (down 1.5% from FY 2023). Net loss: JP¥348.0m (loss widened JP¥300.0m from FY 2023). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.お知らせ • Aug 14Smartvalue Co., Ltd., Annual General Meeting, Sep 26, 2024Smartvalue Co., Ltd., Annual General Meeting, Sep 26, 2024.分析記事 • Aug 03Investors Aren't Entirely Convinced By Smartvalue Co., Ltd.'s (TSE:9417) RevenuesIt's not a stretch to say that Smartvalue Co., Ltd.'s ( TSE:9417 ) price-to-sales (or "P/S") ratio of 0.9x right now...お知らせ • Jun 30Smartvalue Co., Ltd. to Report Fiscal Year 2024 Results on Aug 14, 2024Smartvalue Co., Ltd. announced that they will report fiscal year 2024 results on Aug 14, 2024Upcoming Dividend • Jun 20Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 27 September 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (3.4%).Reported Earnings • May 21Third quarter 2024 earnings released: JP¥1.25 loss per share (vs JP¥15.44 profit in 3Q 2023)Third quarter 2024 results: JP¥1.25 loss per share (down from JP¥15.44 profit in 3Q 2023). Revenue: JP¥1.13b (down 8.2% from 3Q 2023). Net loss: JP¥13.0m (down 108% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.分析記事 • Apr 26What Smartvalue Co., Ltd.'s (TSE:9417) 32% Share Price Gain Is Not Telling YouSmartvalue Co., Ltd. ( TSE:9417 ) shareholders have had their patience rewarded with a 32% share price jump in the last...分析記事 • Apr 25Does Smartvalue (TSE:9417) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...New Risk • Apr 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.7% 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 Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 7.0% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (JP¥4.91b market cap, or US$31.5m).お知らせ • Feb 25Smartvalue Co., Ltd. to Report Q3, 2024 Results on May 15, 2024Smartvalue Co., Ltd. announced that they will report Q3, 2024 results on May 15, 2024Reported Earnings • Feb 17Second quarter 2024 earnings released: JP¥10.87 loss per share (vs JP¥2.01 loss in 2Q 2023)Second quarter 2024 results: JP¥10.87 loss per share (further deteriorated from JP¥2.01 loss in 2Q 2023). Revenue: JP¥935.0m (down 2.7% from 2Q 2023). Net loss: JP¥113.0m (loss widened 465% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.お知らせ • Dec 13Smartvalue Co., Ltd. to Report Q2, 2024 Results on Feb 14, 2024Smartvalue Co., Ltd. announced that they will report Q2, 2024 results on Feb 14, 2024New Risk • Nov 29New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.6% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 10% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (4.5% increase in shares outstanding). Market cap is less than US$100m (JP¥4.85b market cap, or US$32.9m).Reported Earnings • Nov 19First quarter 2024 earnings released: JP¥16.07 loss per share (vs JP¥9.49 loss in 1Q 2023)First quarter 2024 results: JP¥16.07 loss per share (further deteriorated from JP¥9.49 loss in 1Q 2023). Revenue: JP¥779.0m (down 1.3% from 1Q 2023). Net loss: JP¥167.0m (loss widened 76% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings.お知らせ • Sep 29Smartvalue Co., Ltd. to Report Q1, 2024 Results on Nov 14, 2023Smartvalue Co., Ltd. announced that they will report Q1, 2024 results on Nov 14, 2023New Risk • Aug 17New major risk - Revenue and earnings growthEarnings have declined by 16% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 349% Paying a dividend despite having no free cash flows. Earnings have declined by 16% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (3.5% increase in shares outstanding). Market cap is less than US$100m (JP¥3.94b market cap, or US$27.0m).お知らせ • Aug 16Smartvalue Co., Ltd., Annual General Meeting, Sep 26, 2023Smartvalue Co., Ltd., Annual General Meeting, Sep 26, 2023.Reported Earnings • Aug 16Full year 2023 earnings released: JP¥4.75 loss per share (vs JP¥0.10 profit in FY 2022)Full year 2023 results: JP¥4.75 loss per share (down from JP¥0.10 profit in FY 2022). Revenue: JP¥3.87b (up 1.8% from FY 2022). Net loss: JP¥48.0m (down JP¥49.0m from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.お知らせ • Jun 28Smartvalue Co., Ltd. to Report Fiscal Year 2023 Results on Aug 14, 2023Smartvalue Co., Ltd. announced that they will report fiscal year 2023 results on Aug 14, 2023Upcoming Dividend • Jun 22Upcoming dividend of JP¥8.00 per share at 2.0% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 02 October 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (2.9%).Reported Earnings • May 18Third quarter 2023 earnings released: EPS: JP¥15.44 (vs JP¥22.21 in 3Q 2022)Third quarter 2023 results: EPS: JP¥15.44 (down from JP¥22.21 in 3Q 2022). Revenue: JP¥1.23b (flat on 3Q 2022). Net income: JP¥156.0m (down 30% from 3Q 2022). Profit margin: 13% (down from 18% in 3Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 2.5% growth forecast for the Telecom industry in Japan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥479, the stock trades at a forward P/E ratio of 49x. Average forward P/E is 15x in the Telecom industry in Japan. Total loss to shareholders of 44% over the past three years.Reported Earnings • Feb 18Second quarter 2023 earnings released: JP¥2.01 loss per share (vs JP¥6.87 loss in 2Q 2022)Second quarter 2023 results: JP¥2.01 loss per share (improved from JP¥6.87 loss in 2Q 2022). Revenue: JP¥961.0m (up 8.1% from 2Q 2022). Net loss: JP¥20.0m (loss narrowed 71% from 2Q 2022). Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 3.0% growth forecast for the Telecom industry in Japan. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.Buying Opportunity • Feb 17Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 8.6%. The fair value is estimated to be JP¥534, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 13% in a year. Earnings is forecast to grow by 103% in the next year.Buying Opportunity • Dec 16Now 20% undervaluedOver the last 90 days, the stock is up 2.2%. The fair value is estimated to be JP¥593, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 13% in a year. Earnings is forecast to grow by 103% in the next year.お知らせ • Nov 29Smartvalue Co., Ltd. to Report Q2, 2023 Results on Feb 14, 2023Smartvalue Co., Ltd. announced that they will report Q2, 2023 results on Feb 14, 2023Reported Earnings • Nov 17First quarter 2023 earnings released: JP¥9.49 loss per share (vs JP¥13.45 loss in 1Q 2022)First quarter 2023 results: JP¥9.49 loss per share (improved from JP¥13.45 loss in 1Q 2022). Revenue: JP¥789.0m (flat on 1Q 2022). Net loss: JP¥95.0m (loss narrowed 30% from 1Q 2022). Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 2.8% growth forecast for the Telecom industry in Japan.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 7 highly experienced directors. 1 independent director (5 non-independent directors). Independent Outside Director Masanori Hara was the last independent director to join the board, commencing their role in 2013. 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 • Oct 06Full year 2022 earnings released: EPS: JP¥0.10 (vs JP¥140 loss in FY 2021)Full year 2022 results: EPS: JP¥0.10 (up from JP¥140 loss in FY 2021). Revenue: JP¥3.81b (up 10% from FY 2021). Net income: JP¥1.00m (up JP¥1.41b from FY 2021). Profit margin: 0% (up from net loss in FY 2021). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.お知らせ • Oct 01Smartvalue Co., Ltd. to Report Q1, 2023 Results on Nov 14, 2022Smartvalue Co., Ltd. announced that they will report Q1, 2023 results on Nov 14, 2022お知らせ • Aug 18Smartvalue Co., Ltd. (TSE:9417) announces an Equity Buyback for 100,000 shares, representing 1% for ¥70 million.Smartvalue Co., Ltd. (TSE:9417) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 1% of its issued share capital (excluding treasury stock), for a total purchase price of ¥70 million. The purpose of the program is to improve capital efficiency and enhance shareholder returns. The program will continue through October 31, 2022. As of June 30, 2022, the company had 10,039,310 issued shares (excluding treasury stock) and 225,490 treasury shares.お知らせ • Aug 14Smartvalue Co., Ltd., Annual General Meeting, Sep 29, 2022Smartvalue Co., Ltd., Annual General Meeting, Sep 29, 2022. Agenda: General meeting of shareholders.Reported Earnings • Aug 14Full year 2022 earnings released: EPS: JP¥0.10 (vs JP¥140 loss in FY 2021)Full year 2022 results: EPS: JP¥0.10 (up from JP¥140 loss in FY 2021). Revenue: JP¥3.81b (up 10% from FY 2021). Net income: JP¥1.00m (up JP¥1.41b from FY 2021). Profit margin: 0% (up from net loss in FY 2021). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.お知らせ • Jul 01Smartvalue Co., Ltd. to Report Fiscal Year 2022 Results on Aug 12, 2022Smartvalue Co., Ltd. announced that they will report fiscal year 2022 results on Aug 12, 2022Upcoming Dividend • Jun 22Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 28 September 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (3.1%).Reported Earnings • May 19Third quarter 2022 earnings: EPS misses analyst expectationsThird quarter 2022 results: EPS: JP¥22.21 (up from JP¥10.38 in 3Q 2021). Revenue: JP¥1.22b (up 13% from 3Q 2021). Net income: JP¥223.0m (up 114% from 3Q 2021). Profit margin: 18% (up from 9.6% in 3Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 1 independent director (5 non-independent directors). Independent Outside Director Masanori Hara was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Apr 08Smartvalue Co., Ltd. to Report Q3, 2022 Results on May 13, 2022Smartvalue Co., Ltd. announced that they will report Q3, 2022 results on May 13, 2022Reported Earnings • Feb 17Second quarter 2022 earnings: EPS exceeds analyst expectationsSecond quarter 2022 results: JP¥6.87 loss per share (up from JP¥13.88 loss in 2Q 2021). Revenue: JP¥889.0m (up 23% from 2Q 2021). Net loss: JP¥69.0m (loss narrowed 50% from 2Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 326%. Over the next year, revenue is forecast to grow 14%, compared to a 1.5% growth forecast for the industry in Japan.Reported Earnings • Nov 15First quarter 2022 earnings released: JP¥13.45 loss per share (vs JP¥14.09 loss in 1Q 2021)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: JP¥788.0m (up 17% from 1Q 2021). Net loss: JP¥135.0m (loss narrowed 4.3% from 1Q 2021).Upcoming Dividend • Jun 22Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 25 September 2021. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.0%). Lower than average of industry peers (3.7%).Is New 90 Day High Low • Mar 02New 90-day low: JP¥888The company is down 10.0% from its price of JP¥983 on 02 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is up 13% over the same period.Reported Earnings • Feb 14Second quarter 2021 earnings released: JP¥13.88 loss per share (vs JP¥95.08 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: JP¥723.0m (down 60% from 2Q 2020). Net loss: JP¥139.0m (down 115% from profit in 2Q 2020).Is New 90 Day High Low • Jan 20New 90-day low: JP¥894The company is down 20% from its price of JP¥1,119 on 22 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is up 19% over the same period.Is New 90 Day High Low • Dec 23New 90-day low: JP¥930The company is down 16% from its price of JP¥1,111 on 24 September 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is up 17% over the same period.Is New 90 Day High Low • Dec 02New 90-day low: JP¥950The company is down 3.0% from its price of JP¥977 on 03 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is up 4.0% over the same period.お知らせ • Oct 10Smartvalue Co., Ltd. to Report Q1, 2021 Results on Nov 13, 2020Smartvalue Co., Ltd. announced that they will report Q1, 2021 results on Nov 13, 2020 このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Smartvalue は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測TSE:9417 - アナリストの将来予測と過去の財務データ ( )JPY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/20265,671381N/AN/AN/A12/31/20255,385476-470426N/A9/30/20254,795776N/AN/AN/A6/30/20254,361916-838463N/A3/31/20253,885-378N/AN/AN/A12/31/20243,906-255-856257N/A9/30/20243,840-283N/AN/AN/A6/30/20243,814-348-69326N/A3/31/20243,737-382N/AN/AN/A12/31/20233,837-213-8259N/A9/30/20233,863-120N/AN/AN/A6/30/20233,873-48-73-21N/A3/31/20233,88023N/AN/AN/A12/31/20223,8789065124N/A9/30/20223,80641N/AN/AN/A6/30/20223,8051519596N/A3/31/20223,861-1,212N/AN/AN/A12/31/20213,724-1,331111257N/A9/30/20213,558-1,401N/AN/AN/A6/30/20213,446-1,407-1,248-938N/A3/31/20213,256-1,027N/AN/AN/A12/31/20203,966-184-1,459-857N/A9/30/20204,819-96N/AN/AN/A6/30/20205,95832-206392N/A3/31/20207,030862N/AN/AN/A6/30/20197,743193N/A174N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 9417の予測収益成長が 貯蓄率 ( 0.8% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 9417の収益がJP市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 9417の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 9417の収益がJP市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 9417の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 9417の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YTelecom 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/20 16:48終値2026/05/20 00:00収益2026/03/31年間収益2025/06/30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Smartvalue Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関null nullDaiwa Securities Co. Ltd.Kazuki TokunagaDaiwa Securities Co. Ltd.Keita FujinoThe Stock Research Center
Reported Earnings • 8hThird quarter 2026 earnings released: JP¥23.08 loss per share (vs JP¥13.09 loss in 3Q 2025)Third quarter 2026 results: JP¥23.08 loss per share (further deteriorated from JP¥13.09 loss in 3Q 2025). Revenue: JP¥1.39b (up 26% from 3Q 2025). Net loss: JP¥231.0m (loss widened 70% from 3Q 2025). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.8% 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: Major Risk High level of non-cash earnings (90% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (JP¥3.67b market cap, or US$23.0m).
Valuation Update With 7 Day Price Move • Apr 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥385, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 13x in the Telecom industry in Japan. Total loss to shareholders of 1.1% over the past three years.
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥334, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 14x in the Telecom industry in Japan. Total loss to shareholders of 25% over the past three years.
New Risk • Feb 18New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 90% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (90% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥3.55b market cap, or US$23.1m).
Reported Earnings • Feb 16Second quarter 2026 earnings released: JP¥38.12 loss per share (vs JP¥8.18 loss in 2Q 2025)Second quarter 2026 results: JP¥38.12 loss per share (further deteriorated from JP¥8.18 loss in 2Q 2025). Revenue: JP¥1.59b (up 59% from 2Q 2025). Net loss: JP¥385.0m (loss widened 353% from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
お知らせ • Nov 29Smartvalue Co., Ltd. to Report Q2, 2026 Results on Feb 13, 2026Smartvalue Co., Ltd. announced that they will report Q2, 2026 results on Feb 13, 2026
お知らせ • Sep 27Smartvalue Co., Ltd. to Report Q1, 2026 Results on Nov 14, 2025Smartvalue Co., Ltd. announced that they will report Q1, 2026 results on Nov 14, 2025
お知らせ • Sep 06Smartvalue Co., Ltd. (TSE:9417) announces an Equity Buyback for 470,000 shares, representing 4.52% for ¥200 million.Smartvalue Co., Ltd. (TSE:9417) announces a share repurchase program. Under the program, the company will repurchase up to 470,000 shares, representing 4.52% of its issued share capital (excluding treasury stock), for a total purchase price of ¥200 million. The purpose of the program is to improve capital efficiency and enhance shareholder returns. The program will continue through November 30, 2025. As of June 30, 2025, the company had 10,392,310 issued shares (excluding treasury stock) and 287,490 treasury shares.
Reported Earnings • Aug 16Full year 2025 earnings released: EPS: JP¥88.14 (vs JP¥33.49 loss in FY 2024)Full year 2025 results: EPS: JP¥88.14 (up from JP¥33.49 loss in FY 2024). Revenue: JP¥4.36b (up 14% from FY 2024). Net income: JP¥916.0m (up JP¥1.26b from FY 2024). Profit margin: 21% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
お知らせ • Aug 14Smartvalue Co., Ltd., Annual General Meeting, Sep 26, 2025Smartvalue Co., Ltd., Annual General Meeting, Sep 26, 2025.
分析記事 • Jul 22Is Smartvalue (TSE:9417) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
お知らせ • Jul 02WingArc1st Inc. (TSE:4432) acquired Digital Government Business from Smartvalue Co., Ltd. (TSE:9417).WingArc1st Inc. (TSE:4432) agreed to acquire Digital Government Business from Smartvalue Co., Ltd. (TSE:9417) for ¥2.3 billion on April 10, 2025. A cash consideration of ¥2.3 billion will be paid by WingArc1st Inc. As part of consideration, ¥2.3 billion is paid towards assets of Digital Government Business of Smartvalue Co., Ltd. Smartvalue will issue target'a 500 common shares at the time of the Company Split. For the period ending June 30, 2024, Digital Government Business of Smartvalue Co., Ltd reported total revenue of ¥3.81 billion, operating loss of ¥308 million and net loss of ¥348 million. As of June 30, 2024, Digital Government Business of Smartvalue Co., Ltd reported total assets of ¥4.04 billion and total common equity of ¥2.16 billion. The expected completion of the transaction is June 30, 2025. WingArc1st Inc. (TSE:4432) completed the acquisition of Digital Government Business from Smartvalue Co., Ltd. (TSE:9417) on June 30, 2025.
お知らせ • Jun 27Smartvalue Co., Ltd. to Report Fiscal Year 2025 Results on Aug 14, 2025Smartvalue Co., Ltd. announced that they will report fiscal year 2025 results on Aug 14, 2025
Upcoming Dividend • Jun 20Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 29 September 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (4.0%). Lower than average of industry peers (3.3%).
New Risk • Jun 16New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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 Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Market cap is less than US$100m (JP¥4.33b market cap, or US$30.1m).
Reported Earnings • May 21Third quarter 2025 earnings released: JP¥13.09 loss per share (vs JP¥1.25 loss in 3Q 2024)Third quarter 2025 results: JP¥13.09 loss per share (further deteriorated from JP¥1.25 loss in 3Q 2024). Revenue: JP¥1.10b (down 1.9% from 3Q 2024). Net loss: JP¥136.0m (loss widened JP¥123.0m from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
分析記事 • May 07Smartvalue Co., Ltd.'s (TSE:9417) P/S Is Still On The Mark Following 28% Share Price BounceSmartvalue Co., Ltd. ( TSE:9417 ) shares have had a really impressive month, gaining 28% after a shaky period...
分析記事 • Apr 10Is Smartvalue (TSE:9417) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
New Risk • Apr 07New 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 7.1% 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 Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (JP¥3.18b market cap, or US$21.7m).
お知らせ • Apr 03Smartvalue Co., Ltd. to Report Q3, 2025 Results on May 15, 2025Smartvalue Co., Ltd. announced that they will report Q3, 2025 results on May 15, 2025
Reported Earnings • Feb 16Second quarter 2025 earnings released: JP¥8.18 loss per share (vs JP¥10.87 loss in 2Q 2024)Second quarter 2025 results: JP¥8.18 loss per share (improved from JP¥10.87 loss in 2Q 2024). Revenue: JP¥1.00b (up 7.1% from 2Q 2024). Net loss: JP¥85.0m (loss narrowed 25% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
お知らせ • Dec 05Smartvalue Co., Ltd. to Report Q2, 2025 Results on Feb 14, 2025Smartvalue Co., Ltd. announced that they will report Q2, 2025 results on Feb 14, 2025
Reported Earnings • Oct 03Full year 2024 earnings released: JP¥33.49 loss per share (vs JP¥4.75 loss in FY 2023)Full year 2024 results: JP¥33.49 loss per share (further deteriorated from JP¥4.75 loss in FY 2023). Revenue: JP¥3.81b (down 1.5% from FY 2023). Net loss: JP¥348.0m (loss widened JP¥300.0m from FY 2023). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.
お知らせ • Aug 28Smartvalue Co., Ltd. to Report Q1, 2025 Results on Nov 14, 2024Smartvalue Co., Ltd. announced that they will report Q1, 2025 results on Nov 14, 2024
Reported Earnings • Aug 19Full year 2024 earnings released: JP¥33.49 loss per share (vs JP¥4.75 loss in FY 2023)Full year 2024 results: JP¥33.49 loss per share (further deteriorated from JP¥4.75 loss in FY 2023). Revenue: JP¥3.81b (down 1.5% from FY 2023). Net loss: JP¥348.0m (loss widened JP¥300.0m from FY 2023). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.
お知らせ • Aug 14Smartvalue Co., Ltd., Annual General Meeting, Sep 26, 2024Smartvalue Co., Ltd., Annual General Meeting, Sep 26, 2024.
分析記事 • Aug 03Investors Aren't Entirely Convinced By Smartvalue Co., Ltd.'s (TSE:9417) RevenuesIt's not a stretch to say that Smartvalue Co., Ltd.'s ( TSE:9417 ) price-to-sales (or "P/S") ratio of 0.9x right now...
お知らせ • Jun 30Smartvalue Co., Ltd. to Report Fiscal Year 2024 Results on Aug 14, 2024Smartvalue Co., Ltd. announced that they will report fiscal year 2024 results on Aug 14, 2024
Upcoming Dividend • Jun 20Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 27 September 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (3.4%).
Reported Earnings • May 21Third quarter 2024 earnings released: JP¥1.25 loss per share (vs JP¥15.44 profit in 3Q 2023)Third quarter 2024 results: JP¥1.25 loss per share (down from JP¥15.44 profit in 3Q 2023). Revenue: JP¥1.13b (down 8.2% from 3Q 2023). Net loss: JP¥13.0m (down 108% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
分析記事 • Apr 26What Smartvalue Co., Ltd.'s (TSE:9417) 32% Share Price Gain Is Not Telling YouSmartvalue Co., Ltd. ( TSE:9417 ) shareholders have had their patience rewarded with a 32% share price jump in the last...
分析記事 • Apr 25Does Smartvalue (TSE:9417) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
New Risk • Apr 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.7% 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 Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 7.0% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (JP¥4.91b market cap, or US$31.5m).
お知らせ • Feb 25Smartvalue Co., Ltd. to Report Q3, 2024 Results on May 15, 2024Smartvalue Co., Ltd. announced that they will report Q3, 2024 results on May 15, 2024
Reported Earnings • Feb 17Second quarter 2024 earnings released: JP¥10.87 loss per share (vs JP¥2.01 loss in 2Q 2023)Second quarter 2024 results: JP¥10.87 loss per share (further deteriorated from JP¥2.01 loss in 2Q 2023). Revenue: JP¥935.0m (down 2.7% from 2Q 2023). Net loss: JP¥113.0m (loss widened 465% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.
お知らせ • Dec 13Smartvalue Co., Ltd. to Report Q2, 2024 Results on Feb 14, 2024Smartvalue Co., Ltd. announced that they will report Q2, 2024 results on Feb 14, 2024
New Risk • Nov 29New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.6% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 10% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (4.5% increase in shares outstanding). Market cap is less than US$100m (JP¥4.85b market cap, or US$32.9m).
Reported Earnings • Nov 19First quarter 2024 earnings released: JP¥16.07 loss per share (vs JP¥9.49 loss in 1Q 2023)First quarter 2024 results: JP¥16.07 loss per share (further deteriorated from JP¥9.49 loss in 1Q 2023). Revenue: JP¥779.0m (down 1.3% from 1Q 2023). Net loss: JP¥167.0m (loss widened 76% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings.
お知らせ • Sep 29Smartvalue Co., Ltd. to Report Q1, 2024 Results on Nov 14, 2023Smartvalue Co., Ltd. announced that they will report Q1, 2024 results on Nov 14, 2023
New Risk • Aug 17New major risk - Revenue and earnings growthEarnings have declined by 16% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 349% Paying a dividend despite having no free cash flows. Earnings have declined by 16% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (3.5% increase in shares outstanding). Market cap is less than US$100m (JP¥3.94b market cap, or US$27.0m).
お知らせ • Aug 16Smartvalue Co., Ltd., Annual General Meeting, Sep 26, 2023Smartvalue Co., Ltd., Annual General Meeting, Sep 26, 2023.
Reported Earnings • Aug 16Full year 2023 earnings released: JP¥4.75 loss per share (vs JP¥0.10 profit in FY 2022)Full year 2023 results: JP¥4.75 loss per share (down from JP¥0.10 profit in FY 2022). Revenue: JP¥3.87b (up 1.8% from FY 2022). Net loss: JP¥48.0m (down JP¥49.0m from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.
お知らせ • Jun 28Smartvalue Co., Ltd. to Report Fiscal Year 2023 Results on Aug 14, 2023Smartvalue Co., Ltd. announced that they will report fiscal year 2023 results on Aug 14, 2023
Upcoming Dividend • Jun 22Upcoming dividend of JP¥8.00 per share at 2.0% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 02 October 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (2.9%).
Reported Earnings • May 18Third quarter 2023 earnings released: EPS: JP¥15.44 (vs JP¥22.21 in 3Q 2022)Third quarter 2023 results: EPS: JP¥15.44 (down from JP¥22.21 in 3Q 2022). Revenue: JP¥1.23b (flat on 3Q 2022). Net income: JP¥156.0m (down 30% from 3Q 2022). Profit margin: 13% (down from 18% in 3Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 2.5% growth forecast for the Telecom industry in Japan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥479, the stock trades at a forward P/E ratio of 49x. Average forward P/E is 15x in the Telecom industry in Japan. Total loss to shareholders of 44% over the past three years.
Reported Earnings • Feb 18Second quarter 2023 earnings released: JP¥2.01 loss per share (vs JP¥6.87 loss in 2Q 2022)Second quarter 2023 results: JP¥2.01 loss per share (improved from JP¥6.87 loss in 2Q 2022). Revenue: JP¥961.0m (up 8.1% from 2Q 2022). Net loss: JP¥20.0m (loss narrowed 71% from 2Q 2022). Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 3.0% growth forecast for the Telecom industry in Japan. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.
Buying Opportunity • Feb 17Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 8.6%. The fair value is estimated to be JP¥534, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 13% in a year. Earnings is forecast to grow by 103% in the next year.
Buying Opportunity • Dec 16Now 20% undervaluedOver the last 90 days, the stock is up 2.2%. The fair value is estimated to be JP¥593, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 13% in a year. Earnings is forecast to grow by 103% in the next year.
お知らせ • Nov 29Smartvalue Co., Ltd. to Report Q2, 2023 Results on Feb 14, 2023Smartvalue Co., Ltd. announced that they will report Q2, 2023 results on Feb 14, 2023
Reported Earnings • Nov 17First quarter 2023 earnings released: JP¥9.49 loss per share (vs JP¥13.45 loss in 1Q 2022)First quarter 2023 results: JP¥9.49 loss per share (improved from JP¥13.45 loss in 1Q 2022). Revenue: JP¥789.0m (flat on 1Q 2022). Net loss: JP¥95.0m (loss narrowed 30% from 1Q 2022). Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 2.8% growth forecast for the Telecom industry in Japan.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 7 highly experienced directors. 1 independent director (5 non-independent directors). Independent Outside Director Masanori Hara was the last independent director to join the board, commencing their role in 2013. 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 • Oct 06Full year 2022 earnings released: EPS: JP¥0.10 (vs JP¥140 loss in FY 2021)Full year 2022 results: EPS: JP¥0.10 (up from JP¥140 loss in FY 2021). Revenue: JP¥3.81b (up 10% from FY 2021). Net income: JP¥1.00m (up JP¥1.41b from FY 2021). Profit margin: 0% (up from net loss in FY 2021). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.
お知らせ • Oct 01Smartvalue Co., Ltd. to Report Q1, 2023 Results on Nov 14, 2022Smartvalue Co., Ltd. announced that they will report Q1, 2023 results on Nov 14, 2022
お知らせ • Aug 18Smartvalue Co., Ltd. (TSE:9417) announces an Equity Buyback for 100,000 shares, representing 1% for ¥70 million.Smartvalue Co., Ltd. (TSE:9417) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 1% of its issued share capital (excluding treasury stock), for a total purchase price of ¥70 million. The purpose of the program is to improve capital efficiency and enhance shareholder returns. The program will continue through October 31, 2022. As of June 30, 2022, the company had 10,039,310 issued shares (excluding treasury stock) and 225,490 treasury shares.
お知らせ • Aug 14Smartvalue Co., Ltd., Annual General Meeting, Sep 29, 2022Smartvalue Co., Ltd., Annual General Meeting, Sep 29, 2022. Agenda: General meeting of shareholders.
Reported Earnings • Aug 14Full year 2022 earnings released: EPS: JP¥0.10 (vs JP¥140 loss in FY 2021)Full year 2022 results: EPS: JP¥0.10 (up from JP¥140 loss in FY 2021). Revenue: JP¥3.81b (up 10% from FY 2021). Net income: JP¥1.00m (up JP¥1.41b from FY 2021). Profit margin: 0% (up from net loss in FY 2021). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.
お知らせ • Jul 01Smartvalue Co., Ltd. to Report Fiscal Year 2022 Results on Aug 12, 2022Smartvalue Co., Ltd. announced that they will report fiscal year 2022 results on Aug 12, 2022
Upcoming Dividend • Jun 22Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 28 September 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (3.1%).
Reported Earnings • May 19Third quarter 2022 earnings: EPS misses analyst expectationsThird quarter 2022 results: EPS: JP¥22.21 (up from JP¥10.38 in 3Q 2021). Revenue: JP¥1.22b (up 13% from 3Q 2021). Net income: JP¥223.0m (up 114% from 3Q 2021). Profit margin: 18% (up from 9.6% in 3Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 1 independent director (5 non-independent directors). Independent Outside Director Masanori Hara was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Apr 08Smartvalue Co., Ltd. to Report Q3, 2022 Results on May 13, 2022Smartvalue Co., Ltd. announced that they will report Q3, 2022 results on May 13, 2022
Reported Earnings • Feb 17Second quarter 2022 earnings: EPS exceeds analyst expectationsSecond quarter 2022 results: JP¥6.87 loss per share (up from JP¥13.88 loss in 2Q 2021). Revenue: JP¥889.0m (up 23% from 2Q 2021). Net loss: JP¥69.0m (loss narrowed 50% from 2Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 326%. Over the next year, revenue is forecast to grow 14%, compared to a 1.5% growth forecast for the industry in Japan.
Reported Earnings • Nov 15First quarter 2022 earnings released: JP¥13.45 loss per share (vs JP¥14.09 loss in 1Q 2021)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: JP¥788.0m (up 17% from 1Q 2021). Net loss: JP¥135.0m (loss narrowed 4.3% from 1Q 2021).
Upcoming Dividend • Jun 22Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 25 September 2021. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.0%). Lower than average of industry peers (3.7%).
Is New 90 Day High Low • Mar 02New 90-day low: JP¥888The company is down 10.0% from its price of JP¥983 on 02 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is up 13% over the same period.
Reported Earnings • Feb 14Second quarter 2021 earnings released: JP¥13.88 loss per share (vs JP¥95.08 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: JP¥723.0m (down 60% from 2Q 2020). Net loss: JP¥139.0m (down 115% from profit in 2Q 2020).
Is New 90 Day High Low • Jan 20New 90-day low: JP¥894The company is down 20% from its price of JP¥1,119 on 22 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is up 19% over the same period.
Is New 90 Day High Low • Dec 23New 90-day low: JP¥930The company is down 16% from its price of JP¥1,111 on 24 September 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is up 17% over the same period.
Is New 90 Day High Low • Dec 02New 90-day low: JP¥950The company is down 3.0% from its price of JP¥977 on 03 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is up 4.0% over the same period.
お知らせ • Oct 10Smartvalue Co., Ltd. to Report Q1, 2021 Results on Nov 13, 2020Smartvalue Co., Ltd. announced that they will report Q1, 2021 results on Nov 13, 2020