View Financial HealthDigital Garage 배당 및 자사주 매입배당 기준 점검 3/6Digital Garage 은(는) 현재 수익률이 1.86% 인 배당금 지급 회사입니다. 다음 지급일은 29th June, 2026 이며 배당락일은 다음과 같습니다. 30th March, 2026.핵심 정보1.9%배당 수익률-0.08%자사주 매입 수익률총 주주 수익률1.8%미래 배당 수익률2.1%배당 성장률11.3%다음 배당 지급일29 Jun 26배당락일30 Mar 26주당 배당금n/a배당 성향102%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Mar 23Upcoming dividend of JP¥47.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.0%).Declared Dividend • Nov 16Dividend of JP¥47.00 announcedShareholders will receive a dividend of JP¥47.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 269%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 83% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Mar 21Upcoming dividend of JP¥53.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (2.3%).공지 • Feb 10+ 1 more updateDigital Garage, Inc. Announces Special Dividend for the Fiscal Year Ending March 31, 2025Digital Garage, Inc. announced Special dividend for the fiscal year ending March 31, 2025. For the period, the company announced special dividend of JPY 10 per share.공지 • Jun 20Digital Garage, Inc. (TSE:4819) announces an Equity Buyback for 2,200,000 shares, representing 4.64% for ¥4,000 million.Digital Garage, Inc. (TSE:4819) announces a share repurchase program. Under the program, the company will repurchase up to 2,200,000 shares, representing 4.64% of its issued share capital, for ¥4,000 million. The purpose of the program is to actively return profits to shareholders based on the progress of our business. The share repurchase program will run until January 31, 2025. As of March 31, 2024, the company had 47,379,729 shares issued (excluding treasury stock) and 239,371 shares in treasury.Upcoming Dividend • Mar 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (2.2%).모든 업데이트 보기Recent updatesNew Risk • Apr 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 102% Paying a dividend despite having no free cash flows. High level of non-cash earnings (119% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change).Valuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €14.30, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 15x in the IT industry in Germany. Total loss to shareholders of 51% over the past three years.Upcoming Dividend • Mar 23Upcoming dividend of JP¥47.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.0%).New Risk • Feb 15New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 45% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 102% Paying a dividend despite having no free cash flows. High level of non-cash earnings (45% accrual ratio).Reported Earnings • Feb 15Third quarter 2026 earnings released: EPS: JP¥44.48 (vs JP¥72.93 in 3Q 2025)Third quarter 2026 results: EPS: JP¥44.48 (down from JP¥72.93 in 3Q 2025). Revenue: JP¥10.6b (up 13% from 3Q 2025). Net income: JP¥2.04b (down 39% from 3Q 2025). Profit margin: 19% (down from 36% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Feb 02Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 30% to €12.90. The fair value is estimated to be €16.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 42% in 2 years. Earnings are forecast to grow by 114% in the next 2 years.공지 • Dec 24Digital Garage, Inc. to Report Q3, 2026 Results on Feb 12, 2026Digital Garage, Inc. announced that they will report Q3, 2026 results on Feb 12, 2026Buy Or Sell Opportunity • Dec 02Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 23% to €16.30. The fair value is estimated to be €20.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.5% per annum. Earnings are also forecast to grow by 22% per annum over the same time period.Declared Dividend • Nov 16Dividend of JP¥47.00 announcedShareholders will receive a dividend of JP¥47.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 269%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 83% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Nov 07Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to €17.40. The fair value is estimated to be €21.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making.공지 • Sep 27Digital Garage, Inc. to Report Q2, 2026 Results on Nov 13, 2025Digital Garage, Inc. announced that they will report Q2, 2026 results on Nov 13, 2025공지 • Sep 22Resona Holdings, Inc. (TSE:8308) completed the acquisition of additional 17.9% stake in Digital Garage, Inc. (TSE:4819) from Oasis Management Company Ltd.Resona Holdings, Inc. (TSE:8308) entered into a share transfer agreement to acquire additional 17.9% stake in Digital Garage, Inc. (TSE:4819) from Oasis Management Company Ltd. on July 31, 2025. Before completion, Resona Holdings, Inc. held 12.42% stake and Oasis Management Company Ltd. held 18.52% stake in Digital Garage, Inc. After completion, Resona Holdings, Inc. will hold 30.95% stake and Oasis Management Company Ltd. will no longer hold any stake in Digital Garage, Inc. The expected completion of the transaction is from late August 2025 to late September 2025. Resona Holdings, Inc. (TSE:8308) completed the acquisition of additional 17.9% stake in Digital Garage, Inc. (TSE:4819) from Oasis Management Company Ltd. on September 22, 2025.Reported Earnings • Aug 08First quarter 2026 earnings released: JP¥14.68 loss per share (vs JP¥67.04 profit in 1Q 2025)First quarter 2026 results: JP¥14.68 loss per share (down from JP¥67.04 profit in 1Q 2025). Revenue: JP¥8.34b (down 20% from 1Q 2025). Net loss: JP¥673.0m (down 121% from profit in 1Q 2025). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance.Reported Earnings • Jul 02Full year 2025 earnings released: JP¥155 loss per share (vs JP¥127 profit in FY 2024)Full year 2025 results: JP¥155 loss per share (down from JP¥127 profit in FY 2024). Revenue: JP¥32.2b (up 2.6% from FY 2024). Net loss: JP¥7.19b (down 224% from profit in FY 2024). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.공지 • Jun 30Ceres Inc. (TSE:3696) acquired 19.14% stake in CyberBuzz, Inc. (TSE:7069) from Digital Garage, Inc. (TSE:4819).Ceres Inc. (TSE:3696) acquired 19.14% stake in CyberBuzz, Inc. (TSE:7069) from Digital Garage, Inc. (TSE:4819) on June 30, 2025. As a result of this transfer, Digital Garage will no longer be one of our other affiliates or major shareholders. Masashi Tanaka, who was appointed from Digital Garage as an outside director of the Company, will resign as of June 30, 2025 in connection with this transfer. Ceres Inc. (TSE:3696) completed the acquisition of 19.14% stake in CyberBuzz, Inc. (TSE:7069) from Digital Garage, Inc. (TSE:4819) on June 30, 2025.공지 • Jun 27Digital Garage, Inc. Appoints Hiroyuki Nozaki as Head of Group CEO Division, Effective August 1, 2025Digital Garage, Inc. Announces executive change: Name: Hiroyuki Nozaki: New position: Corporate Officer, Head of Group CEO Division, Deputy Head of Corporate Division . Current Position: Corporate Officer, Deputy Head of Corporate Division. Effective Date: August 1, 2025.공지 • May 31Digital Garage, Inc. to Report Q1, 2026 Results on Aug 07, 2025Digital Garage, Inc. announced that they will report Q1, 2026 results on Aug 07, 2025Reported Earnings • May 15Full year 2025 earnings released: JP¥155 loss per share (vs JP¥127 profit in FY 2024)Full year 2025 results: JP¥155 loss per share (down from JP¥127 profit in FY 2024). Revenue: JP¥32.2b (up 2.6% from FY 2024). Net loss: JP¥7.19b (down 224% from profit in FY 2024). Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance.공지 • May 13Digital Garage, Inc., Annual General Meeting, Jun 26, 2025Digital Garage, Inc., Annual General Meeting, Jun 26, 2025.공지 • Mar 27Digital Garage, Inc. to Report Fiscal Year 2025 Results on May 13, 2025Digital Garage, Inc. announced that they will report fiscal year 2025 results on May 13, 2025Upcoming Dividend • Mar 21Upcoming dividend of JP¥53.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (2.3%).공지 • Feb 12Digital Garage, Inc. (TSE:4819) acquired an additional unknown stake in Pocket Change Inc.Digital Garage, Inc. (TSE:4819) acquired an additional unknown stake in Pocket Change Inc. on February 10, 2025. Digital Garage, Inc. (TSE:4819) completed the acquisition of additional unknown stake in Pocket Change Inc. on February 10, 2025.Reported Earnings • Feb 11Third quarter 2025 earnings released: EPS: JP¥72.93 (vs JP¥26.78 loss in 3Q 2024)Third quarter 2025 results: EPS: JP¥72.93 (up from JP¥26.78 loss in 3Q 2024). Revenue: JP¥9.42b (up 100% from 3Q 2024). Net income: JP¥3.34b (up JP¥4.54b from 3Q 2024). Profit margin: 36% (up from net loss in 3Q 2024). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.공지 • Feb 10+ 1 more updateDigital Garage, Inc. Announces Special Dividend for the Fiscal Year Ending March 31, 2025Digital Garage, Inc. announced Special dividend for the fiscal year ending March 31, 2025. For the period, the company announced special dividend of JPY 10 per share.공지 • Jan 03Digital Garage, Inc. to Report Q3, 2025 Results on Feb 10, 2025Digital Garage, Inc. announced that they will report Q3, 2025 results on Feb 10, 2025New Risk • Nov 14New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 10Second quarter 2025 earnings released: JP¥254 loss per share (vs JP¥33.68 profit in 2Q 2024)Second quarter 2025 results: JP¥254 loss per share (down from JP¥33.68 profit in 2Q 2024). Revenue: JP¥4.46b (down 41% from 2Q 2024). Net loss: JP¥11.8b (down JP¥13.3b from profit in 2Q 2024). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €20.60, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 15x in the IT industry in Germany. Total loss to shareholders of 49% over the past three years.공지 • Sep 27+ 1 more updateDigital Garage, Inc. to Report Q2, 2025 Results on Nov 07, 2024Digital Garage, Inc. announced that they will report Q2, 2025 results on Nov 07, 2024Reported Earnings • Aug 12First quarter 2025 earnings released: EPS: JP¥67.04 (vs JP¥88.96 in 1Q 2024)First quarter 2025 results: EPS: JP¥67.04 (down from JP¥88.96 in 1Q 2024). Revenue: JP¥10.4b (down 4.5% from 1Q 2024). Net income: JP¥3.17b (down 23% from 1Q 2024). Profit margin: 30% (down from 38% in 1Q 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.New Risk • Aug 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Shareholders have been diluted in the past year (2.7% increase in shares outstanding).New Risk • Aug 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.2% 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 (21% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.2% average weekly change).공지 • Jun 28Digital Garage, Inc. to Report Q1, 2025 Results on Aug 08, 2024Digital Garage, Inc. announced that they will report Q1, 2025 results on Aug 08, 2024Reported Earnings • Jun 27Full year 2024 earnings released: EPS: JP¥127 (vs JP¥193 loss in FY 2023)Full year 2024 results: EPS: JP¥127 (up from JP¥193 loss in FY 2023). Revenue: JP¥31.4b (up 25% from FY 2023). Net income: JP¥5.81b (up JP¥14.9b from FY 2023). Profit margin: 19% (up from net loss in FY 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 37 percentage points per year, which is a significant difference in performance.공지 • Jun 20Digital Garage, Inc. (TSE:4819) announces an Equity Buyback for 2,200,000 shares, representing 4.64% for ¥4,000 million.Digital Garage, Inc. (TSE:4819) announces a share repurchase program. Under the program, the company will repurchase up to 2,200,000 shares, representing 4.64% of its issued share capital, for ¥4,000 million. The purpose of the program is to actively return profits to shareholders based on the progress of our business. The share repurchase program will run until January 31, 2025. As of March 31, 2024, the company had 47,379,729 shares issued (excluding treasury stock) and 239,371 shares in treasury.공지 • May 11Digital Garage, Inc., Annual General Meeting, Jun 21, 2024Digital Garage, Inc., Annual General Meeting, Jun 21, 2024.Reported Earnings • May 11Full year 2024 earnings released: EPS: JP¥127 (vs JP¥193 loss in FY 2023)Full year 2024 results: EPS: JP¥127 (up from JP¥193 loss in FY 2023). Revenue: JP¥31.4b (up 25% from FY 2023). Net income: JP¥5.81b (up JP¥14.9b from FY 2023). Profit margin: 19% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Apr 19Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €15.30, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the IT industry in Germany. Total loss to shareholders of 54% over the past three years.공지 • Apr 03Digital Garage, Inc. (TSE:4819) completed the acquisition of 20% stake in Resona Kessai Service Co.,Ltd. from Resona Holdings, Inc. (TSE:8308).Digital Garage, Inc. (TSE:4819) has reached a basic agreement to acquire 20% stake in Resona Kessai Service Co.,Ltd. from Resona Holdings, Inc. (TSE:8308) on December 22, 2023. Resona and Digital Garage plans to discuss separately and reach an agreement on the terms and conditions of such share acquisition. BofA Securities acted as exclusive financial advisor to Resona Holdings. Digital Garage, Inc. (TSE:4819) completed the acquisition of 20% stake in Resona Kessai Service Co.,Ltd. from Resona Holdings, Inc. (TSE:8308) on April 1, 2024.공지 • Mar 29Digital Garage, Inc. Announces Management Appointments, Effective April 1, 2024At the Board of Directors meeting on March 29, 2024, Digital Garage Inc. resolved to make corporate officer appointments and personnel changes. Daniel Brandt appointed as Corporate Officer and Chief Investor Relations Officer (CIRO) and responsible for investor relations. Lisa Katayama appointed as Corporate Officer and Chief Transformation Officer (CTrO) and responsible for corporate transformation. Effective date on April 1, 2024.공지 • Mar 28Digital Garage, Inc. to Report Fiscal Year 2024 Results on May 09, 2024Digital Garage, Inc. announced that they will report fiscal year 2024 results on May 09, 2024Upcoming Dividend • Mar 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (2.2%).New Risk • Mar 12New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (5.3% increase in shares outstanding).Declared Dividend • Feb 25Dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 28th March 2024 Payment date: 26th June 2024 Dividend yield will be 198%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (51% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 22% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 45% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 11Third quarter 2024 earnings released: JP¥26.79 loss per share (vs JP¥76.80 loss in 3Q 2023)Third quarter 2024 results: JP¥26.79 loss per share (improved from JP¥76.80 loss in 3Q 2023). Revenue: JP¥4.72b (down 23% from 3Q 2023). Net loss: JP¥1.20b (loss narrowed 67% from 3Q 2023). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.공지 • Dec 28Digital Garage, Inc. to Report Q3, 2024 Results on Feb 08, 2024Digital Garage, Inc. announced that they will report Q3, 2024 results on Feb 08, 2024New Risk • Dec 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 German 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 Risk Earnings have declined by 6.4% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.9% net profit margin).New Risk • Nov 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.4% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.9% net profit margin).Buying Opportunity • Oct 16Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 27%. The fair value is estimated to be €24.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.공지 • Sep 28Digital Garage, Inc. to Report Q2, 2024 Results on Nov 09, 2023Digital Garage, Inc. announced that they will report Q2, 2024 results on Nov 09, 2023Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥88.96 (vs JP¥158 in 1Q 2023)First quarter 2024 results: EPS: JP¥88.96 (down from JP¥158 in 1Q 2023). Revenue: JP¥10.9b (down 19% from 1Q 2023). Net income: JP¥4.10b (down 45% from 1Q 2023). Profit margin: 38% (down from 55% in 1Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.공지 • Jun 29Digital Garage, Inc. to Report Q1, 2024 Results on Aug 09, 2023Digital Garage, Inc. announced that they will report Q1, 2024 results on Aug 09, 2023공지 • Jun 06Digital Garage, Inc. (TSE:4819) announces an Equity Buyback for 1,600,000 shares, representing 3.47% for ¥5,000 million.Digital Garage, Inc. (TSE:4819) announces a share repurchase program. Under the program, the company will repurchase up to 1,600,000 shares, representing 3.47% of its issued share capital, for ¥5,000 million. The purpose of the program is to improve company's corporate value and implement flexible capital policy. The share repurchase program will run until November 30, 2023. As of March 31, 2023, the company had 46,072,674 shares issued (excluding treasury stock) and 1,534,826 shares in treasury.공지 • May 16Digital Garage, Inc. Announces Dividend for the Fiscal Year Ended March 31, 2023, Payable on June 26, 2023Digital Garage, Inc. announced dividend of JPY 37.00 per share for the fiscal year ended March 31, 2023 against JPY 35.00 per share paid a year ago. Scheduled date to commence dividend payments is June 26, 2023.Reported Earnings • May 14Full year 2023 earnings released: JP¥193 loss per share (vs JP¥655 profit in FY 2022)Full year 2023 results: JP¥193 loss per share (down from JP¥655 profit in FY 2022). Revenue: JP¥25.1b (down 53% from FY 2022). Net loss: JP¥9.06b (down 130% from profit in FY 2022). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 3% per year.공지 • May 13Digital Garage, Inc., Annual General Meeting, Jun 23, 2023Digital Garage, Inc., Annual General Meeting, Jun 23, 2023.Reported Earnings • Feb 12Third quarter 2023 earnings released: JP¥76.80 loss per share (vs JP¥93.32 profit in 3Q 2022)Third quarter 2023 results: JP¥76.80 loss per share (down from JP¥93.32 profit in 3Q 2022). Revenue: JP¥6.13b (down 42% from 3Q 2022). Net loss: JP¥3.61b (down 184% from profit in 3Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.공지 • Dec 29Digital Garage, Inc. to Report Q3, 2023 Results on Feb 10, 2023Digital Garage, Inc. announced that they will report Q3, 2023 results on Feb 10, 2023Reported Earnings • Nov 16Second quarter 2023 earnings released: JP¥250 loss per share (vs JP¥329 profit in 2Q 2022)Second quarter 2023 results: JP¥250 loss per share (down from JP¥329 profit in 2Q 2022). Net loss: JP¥11.8b (down 178% from profit in 2Q 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 13Second quarter 2023 earnings released: JP¥250 loss per share (vs JP¥329 profit in 2Q 2022)Second quarter 2023 results: JP¥250 loss per share (down from JP¥329 profit in 2Q 2022). Net loss: JP¥11.8b (down 178% from profit in 2Q 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.공지 • Nov 12Digital Garage, Inc. (TSE:4819) announces an Equity Buyback for 1,600,000 shares, representing 3.39% for ¥5,000 million.Digital Garage, Inc. (TSE:4819) announces a share repurchase program. Under the program, the company will repurchase up to 1,600,000 shares, representing 3.39% of its issued share capital, for a total consideration of ¥5,000 million. The purpose of the program is to enhance shareholder returns and implement a flexible capital policy that responds to changes in the business environment. The share repurchase program will run until April 30, 2023. As of September 30, 2022, the company had 47,239,815 shares issued and 358,885 shares in treasury.공지 • Sep 28Digital Garage, Inc. to Report Q2, 2023 Results on Nov 11, 2022Digital Garage, Inc. announced that they will report Q2, 2023 results on Nov 11, 2022Reported Earnings • Aug 11First quarter 2023 earnings released: EPS: JP¥158 (vs JP¥72.56 in 1Q 2022)First quarter 2023 results: EPS: JP¥158 (up from JP¥72.56 in 1Q 2022). Revenue: JP¥13.5b (up 37% from 1Q 2022). Net income: JP¥7.47b (up 123% from 1Q 2022). Profit margin: 55% (up from 34% in 1Q 2022). Over the next year, revenue is expected to shrink by 20% compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.공지 • Jun 29Digital Garage, Inc. to Report Q1, 2023 Results on Aug 10, 2022Digital Garage, Inc. announced that they will report Q1, 2023 results on Aug 10, 2022Reported Earnings • Jun 25Full year 2022 earnings releasedFull year 2022 results: Revenue: JP¥53.1b (up 48% from FY 2021). Net income: JP¥30.3b (up 210% from FY 2021). Profit margin: 57% (up from 27% in FY 2021). Over the next year, revenue is expected to shrink by 8.1% compared to a 17% growth forecast for the industry in Germany.Reported Earnings • May 16Full year 2022 earnings released: EPS: JP¥655 (vs JP¥213 in FY 2021)Full year 2022 results: EPS: JP¥655 (up from JP¥213 in FY 2021). Revenue: JP¥53.1b (up 48% from FY 2021). Net income: JP¥30.3b (up 210% from FY 2021). Profit margin: 57% (up from 27% in FY 2021). The increase in margin was primarily driven by higher revenue. Over the next year, revenue is expected to shrink by 19% compared to a 18% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.공지 • May 14Digital Garage, Inc., Annual General Meeting, Jun 22, 2022Digital Garage, Inc., Annual General Meeting, Jun 22, 2022.공지 • Apr 05Digital Garage, Inc. to Report Fiscal Year 2022 Results on May 12, 2022Digital Garage, Inc. announced that they will report fiscal year 2022 results on May 12, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 24 June 2022. Payout ratio is a comfortable 5.6% but the company is paying out more than the cash it is generating. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (1.0%).Reported Earnings • Feb 11Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: JP¥93.32 (up from JP¥49.71 in 3Q 2021). Revenue: JP¥10.6b (up 27% from 3Q 2021). Net income: JP¥4.31b (up 88% from 3Q 2021). Profit margin: 41% (up from 27% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 8.6%, compared to a 18% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.공지 • Dec 24Digital Garage, Inc. announced that it expects to receive ¥1.352575 billion in funding from Toshiba Tec CorporationDigital Garage, Inc. announced a private placement of 295,000 common share at an issue price of ¥4,585 per share for gross proceeds of ¥1,352,575,000 on December 23, 2021. The transaction includes participation form Toshiba Tec Corporation. The shares are issued through third party allotment method. The transaction was approved by board of directors the investor. The transaction is expected to close January 11, 2022. The company will pay ¥5,000,000 as issue expenses. The entered into agreement with the investor.Reported Earnings • Nov 14Second quarter 2022 earnings released: EPS JP¥329 (vs JP¥82.07 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥15.9b (up 41% from 2Q 2021). Net income: JP¥15.2b (up 301% from 2Q 2021). Profit margin: 95% (up from 34% in 2Q 2021). The increase in margin was primarily driven by lower 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 23% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jun 28Full year 2021 earnings released: EPS JP¥213 (vs JP¥161 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥36.0b (up 17% from FY 2020). Net income: JP¥9.79b (up 32% from FY 2020). Profit margin: 27% (up from 24% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 4% per year.Reported Earnings • May 15Full year 2021 earnings released: EPS JP¥213 (vs JP¥161 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥36.0b (up 17% from FY 2020). Net income: JP¥9.79b (up 32% from FY 2020). Profit margin: 27% (up from 24% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥32.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 24 June 2021. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (1.1%).Reported Earnings • Feb 12Third quarter 2021 earnings released: EPS JP¥49.71 (vs JP¥48.99 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: JP¥8.36b (up 11% from 3Q 2020). Net income: JP¥2.29b (up 1.6% from 3Q 2020). Profit margin: 27% (down from 30% 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 7% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.Is New 90 Day High Low • Jan 27New 90-day low: €28.60The company is down 4.0% from its price of €29.80 on 28 October 2020. The German market is up 16% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €23.90 per share.공지 • Jan 07Digital Garage, Inc. to Report Q3, 2021 Results on Feb 10, 2021Digital Garage, Inc. announced that they will report Q3, 2021 results on Feb 10, 2021Reported Earnings • Nov 15Second quarter 2021 earnings released: EPS JP¥82.07The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: JP¥11.3b (up 12% from 2Q 2020). Net income: JP¥3.78b (up 3.6% from 2Q 2020). Profit margin: 34% (down from 36% in 2Q 2020). The decrease in margin was driven by higher expenses.Is New 90 Day High Low • Nov 11New 90-day high: €32.00The company is up 16% from its price of €27.60 on 13 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 23% over the same period.Is New 90 Day High Low • Oct 25New 90-day high: €30.20The company is up 1.0% from its price of €29.80 on 27 July 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.72 per share.공지 • Oct 04Digital Garage, Inc. to Report First Half, 2021 Results on Nov 13, 2020Digital Garage, Inc. announced that they will report first half, 2021 results on Nov 13, 2020지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: DGK 의 주당 배당금은 지난 10 년 동안 안정적이었습니다.배당금 증가: DGK 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Digital Garage 배당 수익률 vs 시장DGK의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (DGK)1.9%시장 하위 25% (DE)1.5%시장 상위 25% (DE)4.6%업계 평균 (IT)2.6%분석가 예측 (DGK) (최대 3년)2.1%주목할만한 배당금: DGK 의 배당금( 1.86% )은 German 시장에서 배당금 지급자의 하위 25%( 1.48% )보다 높습니다.고배당: DGK 의 배당금( 1.86% )은 German 시장에서 배당금 지급자의 상위 25%( 4.58% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 지급 비율 ( 102% )이 높기 때문에 DGK 의 배당금 지급은 수익으로 잘 충당되지 않습니다.주주 현금 배당현금 흐름 범위: DGK 배당금을 지급하고 있지만 회사에는 잉여현금흐름이 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YDE 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/07 03:02종가2026/05/07 00:00수익2025/12/31연간 수익2025/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Digital Garage, Inc.는 8명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Futoshi SasakiBofA Global Researchnull nullDaiwa Securities Co. Ltd.Kazuki TokunagaDaiwa Securities Co. Ltd.5명의 분석가 더 보기
Upcoming Dividend • Mar 23Upcoming dividend of JP¥47.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.0%).
Declared Dividend • Nov 16Dividend of JP¥47.00 announcedShareholders will receive a dividend of JP¥47.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 269%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 83% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥53.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (2.3%).
공지 • Feb 10+ 1 more updateDigital Garage, Inc. Announces Special Dividend for the Fiscal Year Ending March 31, 2025Digital Garage, Inc. announced Special dividend for the fiscal year ending March 31, 2025. For the period, the company announced special dividend of JPY 10 per share.
공지 • Jun 20Digital Garage, Inc. (TSE:4819) announces an Equity Buyback for 2,200,000 shares, representing 4.64% for ¥4,000 million.Digital Garage, Inc. (TSE:4819) announces a share repurchase program. Under the program, the company will repurchase up to 2,200,000 shares, representing 4.64% of its issued share capital, for ¥4,000 million. The purpose of the program is to actively return profits to shareholders based on the progress of our business. The share repurchase program will run until January 31, 2025. As of March 31, 2024, the company had 47,379,729 shares issued (excluding treasury stock) and 239,371 shares in treasury.
Upcoming Dividend • Mar 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (2.2%).
New Risk • Apr 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 102% Paying a dividend despite having no free cash flows. High level of non-cash earnings (119% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change).
Valuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €14.30, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 15x in the IT industry in Germany. Total loss to shareholders of 51% over the past three years.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥47.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.0%).
New Risk • Feb 15New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 45% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 102% Paying a dividend despite having no free cash flows. High level of non-cash earnings (45% accrual ratio).
Reported Earnings • Feb 15Third quarter 2026 earnings released: EPS: JP¥44.48 (vs JP¥72.93 in 3Q 2025)Third quarter 2026 results: EPS: JP¥44.48 (down from JP¥72.93 in 3Q 2025). Revenue: JP¥10.6b (up 13% from 3Q 2025). Net income: JP¥2.04b (down 39% from 3Q 2025). Profit margin: 19% (down from 36% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Feb 02Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 30% to €12.90. The fair value is estimated to be €16.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 42% in 2 years. Earnings are forecast to grow by 114% in the next 2 years.
공지 • Dec 24Digital Garage, Inc. to Report Q3, 2026 Results on Feb 12, 2026Digital Garage, Inc. announced that they will report Q3, 2026 results on Feb 12, 2026
Buy Or Sell Opportunity • Dec 02Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 23% to €16.30. The fair value is estimated to be €20.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.5% per annum. Earnings are also forecast to grow by 22% per annum over the same time period.
Declared Dividend • Nov 16Dividend of JP¥47.00 announcedShareholders will receive a dividend of JP¥47.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 269%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 83% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Nov 07Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to €17.40. The fair value is estimated to be €21.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making.
공지 • Sep 27Digital Garage, Inc. to Report Q2, 2026 Results on Nov 13, 2025Digital Garage, Inc. announced that they will report Q2, 2026 results on Nov 13, 2025
공지 • Sep 22Resona Holdings, Inc. (TSE:8308) completed the acquisition of additional 17.9% stake in Digital Garage, Inc. (TSE:4819) from Oasis Management Company Ltd.Resona Holdings, Inc. (TSE:8308) entered into a share transfer agreement to acquire additional 17.9% stake in Digital Garage, Inc. (TSE:4819) from Oasis Management Company Ltd. on July 31, 2025. Before completion, Resona Holdings, Inc. held 12.42% stake and Oasis Management Company Ltd. held 18.52% stake in Digital Garage, Inc. After completion, Resona Holdings, Inc. will hold 30.95% stake and Oasis Management Company Ltd. will no longer hold any stake in Digital Garage, Inc. The expected completion of the transaction is from late August 2025 to late September 2025. Resona Holdings, Inc. (TSE:8308) completed the acquisition of additional 17.9% stake in Digital Garage, Inc. (TSE:4819) from Oasis Management Company Ltd. on September 22, 2025.
Reported Earnings • Aug 08First quarter 2026 earnings released: JP¥14.68 loss per share (vs JP¥67.04 profit in 1Q 2025)First quarter 2026 results: JP¥14.68 loss per share (down from JP¥67.04 profit in 1Q 2025). Revenue: JP¥8.34b (down 20% from 1Q 2025). Net loss: JP¥673.0m (down 121% from profit in 1Q 2025). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jul 02Full year 2025 earnings released: JP¥155 loss per share (vs JP¥127 profit in FY 2024)Full year 2025 results: JP¥155 loss per share (down from JP¥127 profit in FY 2024). Revenue: JP¥32.2b (up 2.6% from FY 2024). Net loss: JP¥7.19b (down 224% from profit in FY 2024). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.
공지 • Jun 30Ceres Inc. (TSE:3696) acquired 19.14% stake in CyberBuzz, Inc. (TSE:7069) from Digital Garage, Inc. (TSE:4819).Ceres Inc. (TSE:3696) acquired 19.14% stake in CyberBuzz, Inc. (TSE:7069) from Digital Garage, Inc. (TSE:4819) on June 30, 2025. As a result of this transfer, Digital Garage will no longer be one of our other affiliates or major shareholders. Masashi Tanaka, who was appointed from Digital Garage as an outside director of the Company, will resign as of June 30, 2025 in connection with this transfer. Ceres Inc. (TSE:3696) completed the acquisition of 19.14% stake in CyberBuzz, Inc. (TSE:7069) from Digital Garage, Inc. (TSE:4819) on June 30, 2025.
공지 • Jun 27Digital Garage, Inc. Appoints Hiroyuki Nozaki as Head of Group CEO Division, Effective August 1, 2025Digital Garage, Inc. Announces executive change: Name: Hiroyuki Nozaki: New position: Corporate Officer, Head of Group CEO Division, Deputy Head of Corporate Division . Current Position: Corporate Officer, Deputy Head of Corporate Division. Effective Date: August 1, 2025.
공지 • May 31Digital Garage, Inc. to Report Q1, 2026 Results on Aug 07, 2025Digital Garage, Inc. announced that they will report Q1, 2026 results on Aug 07, 2025
Reported Earnings • May 15Full year 2025 earnings released: JP¥155 loss per share (vs JP¥127 profit in FY 2024)Full year 2025 results: JP¥155 loss per share (down from JP¥127 profit in FY 2024). Revenue: JP¥32.2b (up 2.6% from FY 2024). Net loss: JP¥7.19b (down 224% from profit in FY 2024). Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance.
공지 • May 13Digital Garage, Inc., Annual General Meeting, Jun 26, 2025Digital Garage, Inc., Annual General Meeting, Jun 26, 2025.
공지 • Mar 27Digital Garage, Inc. to Report Fiscal Year 2025 Results on May 13, 2025Digital Garage, Inc. announced that they will report fiscal year 2025 results on May 13, 2025
Upcoming Dividend • Mar 21Upcoming dividend of JP¥53.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (2.3%).
공지 • Feb 12Digital Garage, Inc. (TSE:4819) acquired an additional unknown stake in Pocket Change Inc.Digital Garage, Inc. (TSE:4819) acquired an additional unknown stake in Pocket Change Inc. on February 10, 2025. Digital Garage, Inc. (TSE:4819) completed the acquisition of additional unknown stake in Pocket Change Inc. on February 10, 2025.
Reported Earnings • Feb 11Third quarter 2025 earnings released: EPS: JP¥72.93 (vs JP¥26.78 loss in 3Q 2024)Third quarter 2025 results: EPS: JP¥72.93 (up from JP¥26.78 loss in 3Q 2024). Revenue: JP¥9.42b (up 100% from 3Q 2024). Net income: JP¥3.34b (up JP¥4.54b from 3Q 2024). Profit margin: 36% (up from net loss in 3Q 2024). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.
공지 • Feb 10+ 1 more updateDigital Garage, Inc. Announces Special Dividend for the Fiscal Year Ending March 31, 2025Digital Garage, Inc. announced Special dividend for the fiscal year ending March 31, 2025. For the period, the company announced special dividend of JPY 10 per share.
공지 • Jan 03Digital Garage, Inc. to Report Q3, 2025 Results on Feb 10, 2025Digital Garage, Inc. announced that they will report Q3, 2025 results on Feb 10, 2025
New Risk • Nov 14New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 10Second quarter 2025 earnings released: JP¥254 loss per share (vs JP¥33.68 profit in 2Q 2024)Second quarter 2025 results: JP¥254 loss per share (down from JP¥33.68 profit in 2Q 2024). Revenue: JP¥4.46b (down 41% from 2Q 2024). Net loss: JP¥11.8b (down JP¥13.3b from profit in 2Q 2024). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €20.60, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 15x in the IT industry in Germany. Total loss to shareholders of 49% over the past three years.
공지 • Sep 27+ 1 more updateDigital Garage, Inc. to Report Q2, 2025 Results on Nov 07, 2024Digital Garage, Inc. announced that they will report Q2, 2025 results on Nov 07, 2024
Reported Earnings • Aug 12First quarter 2025 earnings released: EPS: JP¥67.04 (vs JP¥88.96 in 1Q 2024)First quarter 2025 results: EPS: JP¥67.04 (down from JP¥88.96 in 1Q 2024). Revenue: JP¥10.4b (down 4.5% from 1Q 2024). Net income: JP¥3.17b (down 23% from 1Q 2024). Profit margin: 30% (down from 38% in 1Q 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.
New Risk • Aug 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Shareholders have been diluted in the past year (2.7% increase in shares outstanding).
New Risk • Aug 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.2% 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 (21% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.2% average weekly change).
공지 • Jun 28Digital Garage, Inc. to Report Q1, 2025 Results on Aug 08, 2024Digital Garage, Inc. announced that they will report Q1, 2025 results on Aug 08, 2024
Reported Earnings • Jun 27Full year 2024 earnings released: EPS: JP¥127 (vs JP¥193 loss in FY 2023)Full year 2024 results: EPS: JP¥127 (up from JP¥193 loss in FY 2023). Revenue: JP¥31.4b (up 25% from FY 2023). Net income: JP¥5.81b (up JP¥14.9b from FY 2023). Profit margin: 19% (up from net loss in FY 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 37 percentage points per year, which is a significant difference in performance.
공지 • Jun 20Digital Garage, Inc. (TSE:4819) announces an Equity Buyback for 2,200,000 shares, representing 4.64% for ¥4,000 million.Digital Garage, Inc. (TSE:4819) announces a share repurchase program. Under the program, the company will repurchase up to 2,200,000 shares, representing 4.64% of its issued share capital, for ¥4,000 million. The purpose of the program is to actively return profits to shareholders based on the progress of our business. The share repurchase program will run until January 31, 2025. As of March 31, 2024, the company had 47,379,729 shares issued (excluding treasury stock) and 239,371 shares in treasury.
공지 • May 11Digital Garage, Inc., Annual General Meeting, Jun 21, 2024Digital Garage, Inc., Annual General Meeting, Jun 21, 2024.
Reported Earnings • May 11Full year 2024 earnings released: EPS: JP¥127 (vs JP¥193 loss in FY 2023)Full year 2024 results: EPS: JP¥127 (up from JP¥193 loss in FY 2023). Revenue: JP¥31.4b (up 25% from FY 2023). Net income: JP¥5.81b (up JP¥14.9b from FY 2023). Profit margin: 19% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Apr 19Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €15.30, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the IT industry in Germany. Total loss to shareholders of 54% over the past three years.
공지 • Apr 03Digital Garage, Inc. (TSE:4819) completed the acquisition of 20% stake in Resona Kessai Service Co.,Ltd. from Resona Holdings, Inc. (TSE:8308).Digital Garage, Inc. (TSE:4819) has reached a basic agreement to acquire 20% stake in Resona Kessai Service Co.,Ltd. from Resona Holdings, Inc. (TSE:8308) on December 22, 2023. Resona and Digital Garage plans to discuss separately and reach an agreement on the terms and conditions of such share acquisition. BofA Securities acted as exclusive financial advisor to Resona Holdings. Digital Garage, Inc. (TSE:4819) completed the acquisition of 20% stake in Resona Kessai Service Co.,Ltd. from Resona Holdings, Inc. (TSE:8308) on April 1, 2024.
공지 • Mar 29Digital Garage, Inc. Announces Management Appointments, Effective April 1, 2024At the Board of Directors meeting on March 29, 2024, Digital Garage Inc. resolved to make corporate officer appointments and personnel changes. Daniel Brandt appointed as Corporate Officer and Chief Investor Relations Officer (CIRO) and responsible for investor relations. Lisa Katayama appointed as Corporate Officer and Chief Transformation Officer (CTrO) and responsible for corporate transformation. Effective date on April 1, 2024.
공지 • Mar 28Digital Garage, Inc. to Report Fiscal Year 2024 Results on May 09, 2024Digital Garage, Inc. announced that they will report fiscal year 2024 results on May 09, 2024
Upcoming Dividend • Mar 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (2.2%).
New Risk • Mar 12New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (5.3% increase in shares outstanding).
Declared Dividend • Feb 25Dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 28th March 2024 Payment date: 26th June 2024 Dividend yield will be 198%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (51% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 22% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 45% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 11Third quarter 2024 earnings released: JP¥26.79 loss per share (vs JP¥76.80 loss in 3Q 2023)Third quarter 2024 results: JP¥26.79 loss per share (improved from JP¥76.80 loss in 3Q 2023). Revenue: JP¥4.72b (down 23% from 3Q 2023). Net loss: JP¥1.20b (loss narrowed 67% from 3Q 2023). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
공지 • Dec 28Digital Garage, Inc. to Report Q3, 2024 Results on Feb 08, 2024Digital Garage, Inc. announced that they will report Q3, 2024 results on Feb 08, 2024
New Risk • Dec 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 German 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 Risk Earnings have declined by 6.4% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.9% net profit margin).
New Risk • Nov 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.4% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.9% net profit margin).
Buying Opportunity • Oct 16Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 27%. The fair value is estimated to be €24.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.
공지 • Sep 28Digital Garage, Inc. to Report Q2, 2024 Results on Nov 09, 2023Digital Garage, Inc. announced that they will report Q2, 2024 results on Nov 09, 2023
Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥88.96 (vs JP¥158 in 1Q 2023)First quarter 2024 results: EPS: JP¥88.96 (down from JP¥158 in 1Q 2023). Revenue: JP¥10.9b (down 19% from 1Q 2023). Net income: JP¥4.10b (down 45% from 1Q 2023). Profit margin: 38% (down from 55% in 1Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
공지 • Jun 29Digital Garage, Inc. to Report Q1, 2024 Results on Aug 09, 2023Digital Garage, Inc. announced that they will report Q1, 2024 results on Aug 09, 2023
공지 • Jun 06Digital Garage, Inc. (TSE:4819) announces an Equity Buyback for 1,600,000 shares, representing 3.47% for ¥5,000 million.Digital Garage, Inc. (TSE:4819) announces a share repurchase program. Under the program, the company will repurchase up to 1,600,000 shares, representing 3.47% of its issued share capital, for ¥5,000 million. The purpose of the program is to improve company's corporate value and implement flexible capital policy. The share repurchase program will run until November 30, 2023. As of March 31, 2023, the company had 46,072,674 shares issued (excluding treasury stock) and 1,534,826 shares in treasury.
공지 • May 16Digital Garage, Inc. Announces Dividend for the Fiscal Year Ended March 31, 2023, Payable on June 26, 2023Digital Garage, Inc. announced dividend of JPY 37.00 per share for the fiscal year ended March 31, 2023 against JPY 35.00 per share paid a year ago. Scheduled date to commence dividend payments is June 26, 2023.
Reported Earnings • May 14Full year 2023 earnings released: JP¥193 loss per share (vs JP¥655 profit in FY 2022)Full year 2023 results: JP¥193 loss per share (down from JP¥655 profit in FY 2022). Revenue: JP¥25.1b (down 53% from FY 2022). Net loss: JP¥9.06b (down 130% from profit in FY 2022). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 3% per year.
공지 • May 13Digital Garage, Inc., Annual General Meeting, Jun 23, 2023Digital Garage, Inc., Annual General Meeting, Jun 23, 2023.
Reported Earnings • Feb 12Third quarter 2023 earnings released: JP¥76.80 loss per share (vs JP¥93.32 profit in 3Q 2022)Third quarter 2023 results: JP¥76.80 loss per share (down from JP¥93.32 profit in 3Q 2022). Revenue: JP¥6.13b (down 42% from 3Q 2022). Net loss: JP¥3.61b (down 184% from profit in 3Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
공지 • Dec 29Digital Garage, Inc. to Report Q3, 2023 Results on Feb 10, 2023Digital Garage, Inc. announced that they will report Q3, 2023 results on Feb 10, 2023
Reported Earnings • Nov 16Second quarter 2023 earnings released: JP¥250 loss per share (vs JP¥329 profit in 2Q 2022)Second quarter 2023 results: JP¥250 loss per share (down from JP¥329 profit in 2Q 2022). Net loss: JP¥11.8b (down 178% from profit in 2Q 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 13Second quarter 2023 earnings released: JP¥250 loss per share (vs JP¥329 profit in 2Q 2022)Second quarter 2023 results: JP¥250 loss per share (down from JP¥329 profit in 2Q 2022). Net loss: JP¥11.8b (down 178% from profit in 2Q 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
공지 • Nov 12Digital Garage, Inc. (TSE:4819) announces an Equity Buyback for 1,600,000 shares, representing 3.39% for ¥5,000 million.Digital Garage, Inc. (TSE:4819) announces a share repurchase program. Under the program, the company will repurchase up to 1,600,000 shares, representing 3.39% of its issued share capital, for a total consideration of ¥5,000 million. The purpose of the program is to enhance shareholder returns and implement a flexible capital policy that responds to changes in the business environment. The share repurchase program will run until April 30, 2023. As of September 30, 2022, the company had 47,239,815 shares issued and 358,885 shares in treasury.
공지 • Sep 28Digital Garage, Inc. to Report Q2, 2023 Results on Nov 11, 2022Digital Garage, Inc. announced that they will report Q2, 2023 results on Nov 11, 2022
Reported Earnings • Aug 11First quarter 2023 earnings released: EPS: JP¥158 (vs JP¥72.56 in 1Q 2022)First quarter 2023 results: EPS: JP¥158 (up from JP¥72.56 in 1Q 2022). Revenue: JP¥13.5b (up 37% from 1Q 2022). Net income: JP¥7.47b (up 123% from 1Q 2022). Profit margin: 55% (up from 34% in 1Q 2022). Over the next year, revenue is expected to shrink by 20% compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
공지 • Jun 29Digital Garage, Inc. to Report Q1, 2023 Results on Aug 10, 2022Digital Garage, Inc. announced that they will report Q1, 2023 results on Aug 10, 2022
Reported Earnings • Jun 25Full year 2022 earnings releasedFull year 2022 results: Revenue: JP¥53.1b (up 48% from FY 2021). Net income: JP¥30.3b (up 210% from FY 2021). Profit margin: 57% (up from 27% in FY 2021). Over the next year, revenue is expected to shrink by 8.1% compared to a 17% growth forecast for the industry in Germany.
Reported Earnings • May 16Full year 2022 earnings released: EPS: JP¥655 (vs JP¥213 in FY 2021)Full year 2022 results: EPS: JP¥655 (up from JP¥213 in FY 2021). Revenue: JP¥53.1b (up 48% from FY 2021). Net income: JP¥30.3b (up 210% from FY 2021). Profit margin: 57% (up from 27% in FY 2021). The increase in margin was primarily driven by higher revenue. Over the next year, revenue is expected to shrink by 19% compared to a 18% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
공지 • May 14Digital Garage, Inc., Annual General Meeting, Jun 22, 2022Digital Garage, Inc., Annual General Meeting, Jun 22, 2022.
공지 • Apr 05Digital Garage, Inc. to Report Fiscal Year 2022 Results on May 12, 2022Digital Garage, Inc. announced that they will report fiscal year 2022 results on May 12, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 24 June 2022. Payout ratio is a comfortable 5.6% but the company is paying out more than the cash it is generating. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (1.0%).
Reported Earnings • Feb 11Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: JP¥93.32 (up from JP¥49.71 in 3Q 2021). Revenue: JP¥10.6b (up 27% from 3Q 2021). Net income: JP¥4.31b (up 88% from 3Q 2021). Profit margin: 41% (up from 27% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 8.6%, compared to a 18% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
공지 • Dec 24Digital Garage, Inc. announced that it expects to receive ¥1.352575 billion in funding from Toshiba Tec CorporationDigital Garage, Inc. announced a private placement of 295,000 common share at an issue price of ¥4,585 per share for gross proceeds of ¥1,352,575,000 on December 23, 2021. The transaction includes participation form Toshiba Tec Corporation. The shares are issued through third party allotment method. The transaction was approved by board of directors the investor. The transaction is expected to close January 11, 2022. The company will pay ¥5,000,000 as issue expenses. The entered into agreement with the investor.
Reported Earnings • Nov 14Second quarter 2022 earnings released: EPS JP¥329 (vs JP¥82.07 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥15.9b (up 41% from 2Q 2021). Net income: JP¥15.2b (up 301% from 2Q 2021). Profit margin: 95% (up from 34% in 2Q 2021). The increase in margin was primarily driven by lower 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 23% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jun 28Full year 2021 earnings released: EPS JP¥213 (vs JP¥161 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥36.0b (up 17% from FY 2020). Net income: JP¥9.79b (up 32% from FY 2020). Profit margin: 27% (up from 24% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 4% per year.
Reported Earnings • May 15Full year 2021 earnings released: EPS JP¥213 (vs JP¥161 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥36.0b (up 17% from FY 2020). Net income: JP¥9.79b (up 32% from FY 2020). Profit margin: 27% (up from 24% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥32.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 24 June 2021. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (1.1%).
Reported Earnings • Feb 12Third quarter 2021 earnings released: EPS JP¥49.71 (vs JP¥48.99 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: JP¥8.36b (up 11% from 3Q 2020). Net income: JP¥2.29b (up 1.6% from 3Q 2020). Profit margin: 27% (down from 30% 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 7% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.
Is New 90 Day High Low • Jan 27New 90-day low: €28.60The company is down 4.0% from its price of €29.80 on 28 October 2020. The German market is up 16% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €23.90 per share.
공지 • Jan 07Digital Garage, Inc. to Report Q3, 2021 Results on Feb 10, 2021Digital Garage, Inc. announced that they will report Q3, 2021 results on Feb 10, 2021
Reported Earnings • Nov 15Second quarter 2021 earnings released: EPS JP¥82.07The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: JP¥11.3b (up 12% from 2Q 2020). Net income: JP¥3.78b (up 3.6% from 2Q 2020). Profit margin: 34% (down from 36% in 2Q 2020). The decrease in margin was driven by higher expenses.
Is New 90 Day High Low • Nov 11New 90-day high: €32.00The company is up 16% from its price of €27.60 on 13 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 23% over the same period.
Is New 90 Day High Low • Oct 25New 90-day high: €30.20The company is up 1.0% from its price of €29.80 on 27 July 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.72 per share.
공지 • Oct 04Digital Garage, Inc. to Report First Half, 2021 Results on Nov 13, 2020Digital Garage, Inc. announced that they will report first half, 2021 results on Nov 13, 2020