View Future GrowthInnovation 과거 순이익 실적과거 기준 점검 0/6Innovation 의 수입은 연평균 -58.1%의 비율로 감소해 온 반면, Interactive Media and Services 산업은 연평균 19.7%의 비율로 증가했습니다. 매출은 연평균 11.9%의 비율로 증가해 왔습니다.핵심 정보-58.13%순이익 성장률-58.91%주당순이익(EPS) 성장률Interactive Media and Services 산업 성장률12.02%매출 성장률11.93%자기자본이익률-10.79%순이익률-6.56%다음 순이익 업데이트14 Aug 2026최근 과거 실적 업데이트공시 • Jun 05Innovation Inc. to Report Q1, 2027 Results on Aug 10, 2026Innovation Inc. announced that they will report Q1, 2027 results on Aug 10, 2026Reported Earnings • May 13Full year 2026 earnings released: JP¥171 loss per share (vs JP¥25.17 profit in FY 2025)Full year 2026 results: JP¥171 loss per share (down from JP¥25.17 profit in FY 2025). Revenue: JP¥6.97b (up 30% from FY 2025). Net loss: JP¥457.0m (down JP¥524.0m from profit in FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.Reported Earnings • Feb 10Third quarter 2026 earnings released: JP¥62.91 loss per share (vs JP¥0.76 profit in 3Q 2025)Third quarter 2026 results: JP¥62.91 loss per share (down from JP¥0.76 profit in 3Q 2025). Revenue: JP¥1.66b (up 28% from 3Q 2025). Net loss: JP¥168.0m (down JP¥170.0m from profit in 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.공시 • Dec 27Innovation Inc. to Report Q3, 2026 Results on Feb 09, 2026Innovation Inc. announced that they will report Q3, 2026 results on Feb 09, 2026Reported Earnings • Nov 12Second quarter 2026 earnings released: JP¥31.19 loss per share (vs JP¥13.06 profit in 2Q 2025)Second quarter 2026 results: JP¥31.19 loss per share (down from JP¥13.06 profit in 2Q 2025). Revenue: JP¥1.78b (up 29% from 2Q 2025). Net loss: JP¥83.0m (down 337% from profit in 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.공시 • Sep 01Innovation Inc. to Report Q2, 2026 Results on Nov 10, 2025Innovation Inc. announced that they will report Q2, 2026 results on Nov 10, 2025모든 업데이트 보기Recent updates공시 • Jun 05Innovation Inc. to Report Q1, 2027 Results on Aug 10, 2026Innovation Inc. announced that they will report Q1, 2027 results on Aug 10, 2026New Risk • May 14New 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: 4.8% 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 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 58% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥2.27b market cap, or US$14.4m).Reported Earnings • May 13Full year 2026 earnings released: JP¥171 loss per share (vs JP¥25.17 profit in FY 2025)Full year 2026 results: JP¥171 loss per share (down from JP¥25.17 profit in FY 2025). Revenue: JP¥6.97b (up 30% from FY 2025). Net loss: JP¥457.0m (down JP¥524.0m from profit in FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.공시 • May 11Innovation Inc., Annual General Meeting, Jun 24, 2026Innovation Inc., Annual General Meeting, Jun 24, 2026.Buy Or Sell Opportunity • May 01Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.6% to JP¥896. The fair value is estimated to be JP¥1,125, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Mar 30Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.9% to JP¥912. The fair value is estimated to be JP¥1,160, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company became loss making.Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 11 June 2026. The company is not currently making a profit and its cash payout ratio is 78%. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%).Buy Or Sell Opportunity • Mar 09Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.2% to JP¥920. The fair value is estimated to be JP¥1,151, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Feb 17Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.9% to JP¥933. The fair value is estimated to be JP¥1,166, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Feb 10Third quarter 2026 earnings released: JP¥62.91 loss per share (vs JP¥0.76 profit in 3Q 2025)Third quarter 2026 results: JP¥62.91 loss per share (down from JP¥0.76 profit in 3Q 2025). Revenue: JP¥1.66b (up 28% from 3Q 2025). Net loss: JP¥168.0m (down JP¥170.0m from profit in 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.공시 • Dec 27Innovation Inc. to Report Q3, 2026 Results on Feb 09, 2026Innovation Inc. announced that they will report Q3, 2026 results on Feb 09, 2026Reported Earnings • Nov 12Second quarter 2026 earnings released: JP¥31.19 loss per share (vs JP¥13.06 profit in 2Q 2025)Second quarter 2026 results: JP¥31.19 loss per share (down from JP¥13.06 profit in 2Q 2025). Revenue: JP¥1.78b (up 29% from 2Q 2025). Net loss: JP¥83.0m (down 337% from profit in 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.공시 • Sep 01Innovation Inc. to Report Q2, 2026 Results on Nov 10, 2025Innovation Inc. announced that they will report Q2, 2026 results on Nov 10, 2025Reported Earnings • Aug 14First quarter 2026 earnings released: JP¥70.29 loss per share (vs JP¥4.48 loss in 1Q 2025)First quarter 2026 results: JP¥70.29 loss per share (further deteriorated from JP¥4.48 loss in 1Q 2025). Revenue: JP¥1.59b (up 31% from 1Q 2025). Net loss: JP¥186.0m (loss widened JP¥174.0m from 1Q 2025). 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.Reported Earnings • Jun 30Full year 2025 earnings released: EPS: JP¥25.17 (vs JP¥94.87 in FY 2024)Full year 2025 results: EPS: JP¥25.17 (down from JP¥94.87 in FY 2024). Revenue: JP¥5.34b (up 11% from FY 2024). Net income: JP¥67.0m (down 73% from FY 2024). Profit margin: 1.3% (down from 5.1% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance.공시 • Jun 03Innovation Inc. to Report Q1, 2026 Results on Aug 12, 2025Innovation Inc. announced that they will report Q1, 2026 results on Aug 12, 2025New Risk • May 17New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 174% The company is paying a dividend despite having no free cash flows. Dividend yield: 3.8% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 174% Paying a dividend despite having no free cash flows. Earnings have declined by 15% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (JP¥2.80b market cap, or US$19.2m).Reported Earnings • May 14Full year 2025 earnings released: EPS: JP¥25.17 (vs JP¥94.87 in FY 2024)Full year 2025 results: EPS: JP¥25.17 (down from JP¥94.87 in FY 2024). Revenue: JP¥5.34b (up 11% from FY 2024). Net income: JP¥67.0m (down 73% from FY 2024). Profit margin: 1.3% (down from 5.1% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance.공시 • May 12Innovation Inc., Annual General Meeting, Jun 25, 2025Innovation Inc., Annual General Meeting, Jun 25, 2025.분석 기사 • Apr 09We Think Innovation (TSE:3970) Can Manage Its Debt With EaseWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Upcoming Dividend • Mar 21Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 11 June 2025. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%).공시 • Mar 01Innovation Inc. to Report Fiscal Year 2025 Results on May 12, 2025Innovation Inc. announced that they will report fiscal year 2025 results on May 12, 2025Reported Earnings • Feb 12Third quarter 2025 earnings released: EPS: JP¥0.76 (vs JP¥27.97 in 3Q 2024)Third quarter 2025 results: EPS: JP¥0.76 (down from JP¥27.97 in 3Q 2024). Revenue: JP¥1.30b (up 2.8% from 3Q 2024). Net income: JP¥2.00m (down 97% from 3Q 2024). Profit margin: 0.2% (down from 5.7% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.공시 • Dec 03Innovation Inc. to Report Q3, 2025 Results on Feb 10, 2025Innovation Inc. announced that they will report Q3, 2025 results on Feb 10, 2025Reported Earnings • Nov 15Second quarter 2025 earnings released: EPS: JP¥13.06 (vs JP¥32.70 in 2Q 2024)Second quarter 2025 results: EPS: JP¥13.06 (down from JP¥32.70 in 2Q 2024). Revenue: JP¥1.38b (up 25% from 2Q 2024). Net income: JP¥35.0m (down 58% from 2Q 2024). Profit margin: 2.5% (down from 7.6% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 33% per year, which means it has not declined as severely as earnings.공시 • Aug 27Innovation Inc. to Report Q2, 2025 Results on Nov 11, 2024Innovation Inc. announced that they will report Q2, 2025 results on Nov 11, 2024공시 • Aug 21Innovation Inc. (TSE:3970) announces an Equity Buyback for 60,000 shares, representing 2.24% for ¥90 million.Innovation Inc. (TSE:3970) announces a share repurchase program. Under the program, the company will repurchase up to 60,000 shares, representing 2.24% of its issued share capital (excluding treasury stock), for a total purchase price of ¥90 million. The purpose of the program is to improve capital efficiency, implement a flexible capital policy in response to changes in the business environment, and further return profits to shareholders. The program will be valid till January 27, 2025. As of June 30, 2024, the company has 2,682,434 issued shares (excluding treasury stock) and 29,666 treasury shares.Reported Earnings • Aug 11First quarter 2025 earnings released: JP¥4.48 loss per share (vs JP¥20.54 profit in 1Q 2024)First quarter 2025 results: JP¥4.48 loss per share (down from JP¥20.54 profit in 1Q 2024). Revenue: JP¥1.22b (up 20% from 1Q 2024). Net loss: JP¥12.0m (down 123% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.분석 기사 • Aug 06Innovation (TSE:3970) Is Doing The Right Things To Multiply Its Share PriceDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to JP¥1,001, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 21x in the Interactive Media and Services industry in Japan. Total loss to shareholders of 62% over the past three years.공시 • Jun 02Innovation Inc. to Report Q1, 2025 Results on Aug 09, 2024Innovation Inc. announced that they will report Q1, 2025 results on Aug 09, 2024분석 기사 • May 21Additional Considerations Required While Assessing Innovation's (TSE:3970) Strong EarningsInnovation Inc. ( TSE:3970 ) announced strong profits, but the stock was stagnant. Our analysis suggests that...Reported Earnings • May 13Full year 2024 earnings released: EPS: JP¥94.87 (vs JP¥25.13 in FY 2023)Full year 2024 results: EPS: JP¥94.87 (up from JP¥25.13 in FY 2023). Revenue: JP¥4.81b (up 5.3% from FY 2023). Net income: JP¥244.0m (up 294% from FY 2023). Profit margin: 5.1% (up from 1.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.공시 • May 12Innovation Inc., Annual General Meeting, Jun 25, 2024Innovation Inc., Annual General Meeting, Jun 25, 2024.Upcoming Dividend • Mar 21Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 13 June 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.5%).공시 • Mar 14Innovation Inc. to Report Fiscal Year 2024 Results on May 10, 2024Innovation Inc. announced that they will report fiscal year 2024 results on May 10, 2024Reported Earnings • Feb 11Third quarter 2024 earnings released: EPS: JP¥27.97 (vs JP¥33.80 in 3Q 2023)Third quarter 2024 results: EPS: JP¥27.97 (down from JP¥33.80 in 3Q 2023). Revenue: JP¥1.27b (up 28% from 3Q 2023). Net income: JP¥72.0m (down 14% from 3Q 2023). Profit margin: 5.7% (down from 8.5% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 37% per year whereas the company’s share price has fallen by 32% per year.공시 • Nov 26Innovation Inc. to Report Q3, 2024 Results on Feb 09, 2024Innovation Inc. announced that they will report Q3, 2024 results on Feb 09, 2024Reported Earnings • Nov 10Second quarter 2024 earnings released: EPS: JP¥32.70 (vs JP¥18.54 in 2Q 2023)Second quarter 2024 results: EPS: JP¥32.70 (up from JP¥18.54 in 2Q 2023). Revenue: JP¥1.10b (down 15% from 2Q 2023). Net income: JP¥84.0m (up 83% from 2Q 2023). Profit margin: 7.6% (up from 3.6% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.공시 • Sep 23Innovation Inc. to Report Q2, 2024 Results on Nov 09, 2023Innovation Inc. announced that they will report Q2, 2024 results on Nov 09, 2023Reported Earnings • Aug 11First quarter 2024 earnings released: EPS: JP¥20.54 (vs JP¥38.11 in 1Q 2023)First quarter 2024 results: EPS: JP¥20.54 (down from JP¥38.11 in 1Q 2023). Revenue: JP¥1.01b (down 9.2% from 1Q 2023). Net income: JP¥52.0m (down 44% from 1Q 2023). Profit margin: 5.1% (down from 8.3% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • Aug 10Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥1,388, the stock trades at a trailing P/E ratio of 57.5x. Average trailing P/E is 22x in the Interactive Media and Services industry in Japan. Total loss to shareholders of 66% over the past three years.New Risk • Jun 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.1% 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 Dividend is not well covered by earnings (155% payout ratio). Share price has been volatile over the past 3 months (5.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.4% net profit margin). Shareholders have been diluted in the past year (3.5% increase in shares outstanding). Market cap is less than US$100m (JP¥4.06b market cap, or US$28.2m).New Risk • Jun 23New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.5% 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 Dividend is not well covered by earnings (155% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.4% net profit margin). Shareholders have been diluted in the past year (3.5% increase in shares outstanding). Market cap is less than US$100m (JP¥4.18b market cap, or US$29.2m).공시 • Jun 14Innovation Inc. to Report Q1, 2024 Results on Aug 09, 2023Innovation Inc. announced that they will report Q1, 2024 results on Aug 09, 2023Upcoming Dividend • Mar 23Upcoming dividend of JP¥39.00 per share at 2.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 09 June 2023. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).Valuation Update With 7 Day Price Move • Feb 16Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥1,556, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 20x in the Interactive Media and Services industry in Japan. Total loss to shareholders of 16% over the past three years.Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥33.80 (vs JP¥48.46 in 3Q 2022)Third quarter 2023 results: EPS: JP¥33.80 (down from JP¥48.46 in 3Q 2022). Revenue: JP¥989.0m (down 16% from 3Q 2022). Net income: JP¥84.0m (down 26% from 3Q 2022). Profit margin: 8.5% (down from 9.7% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.공시 • Nov 30Innovation Inc. to Report Q3, 2023 Results on Feb 09, 2023Innovation Inc. announced that they will report Q3, 2023 results on Feb 09, 2023Board Change • Nov 16No independent directorsThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). Director Kazuhiro Goto was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Nov 11Second quarter 2023 earnings released: EPS: JP¥17.92 (vs JP¥39.58 in 2Q 2022)Second quarter 2023 results: EPS: JP¥17.92 (down from JP¥39.58 in 2Q 2022). Revenue: JP¥1.30b (up 20% from 2Q 2022). Net income: JP¥46.0m (down 51% from 2Q 2022). Profit margin: 3.6% (down from 8.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Buying Opportunity • Nov 11Now 29% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be JP¥2,831, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 40% over the last year. Earnings per share has grown by 63%.Buying Opportunity • Oct 11Now 22% undervaluedOver the last 90 days, the stock is up 4.7%. The fair value is estimated to be JP¥2,960, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 40% over the last year. Earnings per share has grown by 63%.Buying Opportunity • Sep 20Now 21% undervaluedOver the last 90 days, the stock is up 26%. The fair value is estimated to be JP¥3,280, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 40% over the last year. Earnings per share has grown by 63%.공시 • Sep 09Innovation Inc. to Report Q2, 2023 Results on Nov 09, 2022Innovation Inc. announced that they will report Q2, 2023 results on Nov 09, 2022Buying Opportunity • Aug 24Now 21% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be JP¥3,218, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 40% over the last year. Earnings per share has grown by 63%.Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improved over the past weekAfter last week's 20% share price gain to JP¥2,599, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 28x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 50% over the past three years.Reported Earnings • Aug 11First quarter 2023 earnings released: EPS: JP¥38.11 (vs JP¥23.02 in 1Q 2022)First quarter 2023 results: EPS: JP¥38.11 (up from JP¥23.02 in 1Q 2022). Revenue: JP¥1.11b (up 26% from 1Q 2022). Net income: JP¥92.0m (up 70% from 1Q 2022). Profit margin: 8.3% (up from 6.1% in 1Q 2022). The increase in margin was driven by higher revenue.Buying Opportunity • Aug 08Now 24% undervaluedOver the last 90 days, the stock is up 10%. The fair value is estimated to be JP¥2,814, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 57%.Buying Opportunity • Jul 01Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 2.0%. The fair value is estimated to be JP¥2,628, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 57%.공시 • Jun 29Innovation Inc. to Report Q1, 2023 Results on Aug 09, 2022Innovation Inc. announced that they will report Q1, 2023 results on Aug 09, 2022Buying Opportunity • Jun 13Now 20% undervaluedOver the last 90 days, the stock is up 7.1%. The fair value is estimated to be JP¥2,757, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 57%.Buying Opportunity • May 24Now 20% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be JP¥2,846, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 57%.Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥2,121, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 23x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 175% over the past three years.공시 • May 18Innovation Inc., Annual General Meeting, Jun 23, 2022Innovation Inc., Annual General Meeting, Jun 23, 2022.Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Director Kazuhiro Goto was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Apr 08+ 1 more updateInnovation Inc. announced that it has received ¥8.3721 million in fundingOn April 7, 2022, Innovation Inc. closed the transaction.Valuation Update With 7 Day Price Move • Apr 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥2,394, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 24x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 206% over the past three years.Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improved over the past weekAfter last week's 19% share price gain to JP¥2,323, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 25x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 198% over the past three years.Valuation Update With 7 Day Price Move • Feb 16Investor sentiment deteriorated over the past weekAfter last week's 25% share price decline to JP¥2,235, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 25x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 205% over the past three years.Buying Opportunity • Feb 15Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 37%. The fair value is estimated to be JP¥3,060, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% per annum over the last 3 years. Earnings per share has grown by 59% per annum over the last 3 years.Reported Earnings • Feb 10Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: JP¥48.46 (up from JP¥34.61 in 3Q 2021). Revenue: JP¥1.17b (up 62% from 3Q 2021). Net income: JP¥114.0m (up 41% from 3Q 2021). Profit margin: 9.7% (down from 11% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) also surpassed analyst estimates by 53%. Over the next year, revenue is forecast to grow 3.4%, compared to a 14% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 52% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Dec 24Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥3,905, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 35x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 466% over the past three years.Reported Earnings • Nov 10Second quarter 2022 earnings released: EPS JP¥39.58 (vs JP¥28.43 in 2Q 2021)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2022 results: Revenue: JP¥1.08b (up 58% from 2Q 2021). Net income: JP¥93.0m (up 60% from 2Q 2021). Profit margin: 8.6% (in line with 2Q 2021).Valuation Update With 7 Day Price Move • Aug 31Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥3,140, the stock trades at a trailing P/E ratio of 25x. Average trailing P/E is 34x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 243% over the past three years.Valuation Update With 7 Day Price Move • Aug 17Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to JP¥2,480, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 37x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 175% over the past three years.Reported Earnings • Aug 12First quarter 2022 earnings released: EPS JP¥23.02 (vs JP¥31.76 in 1Q 2021)The company reported a mediocre first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: JP¥884.0m (up 30% from 1Q 2021). Net income: JP¥54.0m (down 13% from 1Q 2021). Profit margin: 6.1% (down from 9.1% in 1Q 2021). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • May 24Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥3,530, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 34x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 201% over the past three years.Reported Earnings • May 16Full year 2021 earnings released: EPS JP¥135 (vs JP¥47.04 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥3.08b (up 53% from FY 2020). Net income: JP¥293.0m (up 219% from FY 2020). Profit margin: 9.5% (up from 4.5% in FY 2020). The increase in margin was driven by higher revenue.Is New 90 Day High Low • Mar 03New 90-day low: JP¥2,922The company is down 20% from its price of JP¥3,635 on 03 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 Interactive Media and Services industry, which is flat over the same period.Reported Earnings • Feb 11Third quarter 2021 earnings released: EPS JP¥34.61 (vs JP¥8.71 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥723.0m (up 41% from 3Q 2020). Net income: JP¥81.0m (up 377% from 3Q 2020). Profit margin: 11% (up from 3.3% in 3Q 2020). The increase in margin was driven by higher revenue.Is New 90 Day High Low • Feb 10New 90-day high: JP¥4,100The company is up 18% from its price of JP¥3,460 on 12 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Interactive Media and Services industry, which is up 3.0% over the same period.Is New 90 Day High Low • Jan 22New 90-day high: JP¥3,795The company is up 3.0% from its price of JP¥3,670 on 23 October 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Interactive Media and Services industry, which is down 4.0% over the same period.공시 • Dec 25Innovation Inc. to Report Q3, 2021 Results on Feb 09, 2021Innovation Inc. announced that they will report Q3, 2021 results on Feb 09, 2021공시 • Oct 01Innovation Inc. to Report Q2, 2021 Results on Nov 10, 2020Innovation Inc. announced that they will report Q2, 2021 results on Nov 10, 2020공시 • Jul 17Innovation Inc. announced that it expects to receive ¥10.51974 million in fundingInnovation Inc. (TSE:3970) announced that it will issue 3,795 of stock acquisition right at a price of ¥2,772 per stock acquisition right for a total gross proceeds of ¥10,519,740 on July 15, 2020. The stock purchase rights will be issued through third party allotment. Each stock acquisition right is convertible into 100 shares of common stock resulting in 379,500 common shares of the company for three years starting from August 3, 2020 to expiry date August 31, 2023. The initial exercise price of stock acquisition right is ¥5,270 and the lower exercise price is ¥3,162. The transaction will be expected to complete on July 31, 2020. The estimated amount of expense will be ¥7,000,000 in the transaction.공시 • Jun 29Innovation Inc. to Report Q1, 2021 Results on Aug 11, 2020Innovation Inc. announced that they will report Q1, 2021 results on Aug 11, 2020매출 및 비용 세부 내역Innovation가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TSE:3970 매출, 비용 및 순이익 (JPY Millions)날짜매출순이익일반관리비연구개발비31 Mar 266,968-4573,702031 Dec 256,480-3953,452030 Sep 256,121-2253,001030 Jun 255,719-1072,483031 Mar 255,343671,945031 Dec 245,330611,873030 Sep 245,2941311,766030 Jun 245,0181801,691031 Mar 244,8132441,662031 Dec 234,549481,634030 Sep 234,273601,611030 Jun 234,468221,664031 Mar 234,570621,664031 Dec 224,6444091,583030 Sep 224,8264391,599030 Jun 224,6084861,523031 Mar 224,3804481,450031 Dec 214,1313531,403030 Sep 213,6833201,239030 Jun 213,2892851,100031 Mar 213,0832931,030031 Dec 202,660254894030 Sep 202,451190870030 Jun 202,234136836031 Mar 202,02292773031 Dec 191,886101727031 Mar 191,48786520양질의 수익: 3970 은(는) 현재 수익성이 없습니다.이익 마진 증가: 3970는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 3970은 수익성이 없으며 지난 5년 동안 손실이 연평균 58.1% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 3970의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: 3970은 수익성이 없어 지난 해 수익 성장률을 Interactive Media and Services 업계(18.6%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: 3970는 현재 수익성이 없으므로 자본 수익률이 음수(-10.79%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMedia 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/07 16:37종가2026/07/07 00:00수익2026/03/31연간 수익2026/03/31데이터 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 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.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 소스Innovation Inc.는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Keita FujinoThe Stock Research Center
공시 • Jun 05Innovation Inc. to Report Q1, 2027 Results on Aug 10, 2026Innovation Inc. announced that they will report Q1, 2027 results on Aug 10, 2026
Reported Earnings • May 13Full year 2026 earnings released: JP¥171 loss per share (vs JP¥25.17 profit in FY 2025)Full year 2026 results: JP¥171 loss per share (down from JP¥25.17 profit in FY 2025). Revenue: JP¥6.97b (up 30% from FY 2025). Net loss: JP¥457.0m (down JP¥524.0m from profit in FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.
Reported Earnings • Feb 10Third quarter 2026 earnings released: JP¥62.91 loss per share (vs JP¥0.76 profit in 3Q 2025)Third quarter 2026 results: JP¥62.91 loss per share (down from JP¥0.76 profit in 3Q 2025). Revenue: JP¥1.66b (up 28% from 3Q 2025). Net loss: JP¥168.0m (down JP¥170.0m from profit in 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.
공시 • Dec 27Innovation Inc. to Report Q3, 2026 Results on Feb 09, 2026Innovation Inc. announced that they will report Q3, 2026 results on Feb 09, 2026
Reported Earnings • Nov 12Second quarter 2026 earnings released: JP¥31.19 loss per share (vs JP¥13.06 profit in 2Q 2025)Second quarter 2026 results: JP¥31.19 loss per share (down from JP¥13.06 profit in 2Q 2025). Revenue: JP¥1.78b (up 29% from 2Q 2025). Net loss: JP¥83.0m (down 337% from profit in 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.
공시 • Sep 01Innovation Inc. to Report Q2, 2026 Results on Nov 10, 2025Innovation Inc. announced that they will report Q2, 2026 results on Nov 10, 2025
공시 • Jun 05Innovation Inc. to Report Q1, 2027 Results on Aug 10, 2026Innovation Inc. announced that they will report Q1, 2027 results on Aug 10, 2026
New Risk • May 14New 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: 4.8% 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 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 58% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥2.27b market cap, or US$14.4m).
Reported Earnings • May 13Full year 2026 earnings released: JP¥171 loss per share (vs JP¥25.17 profit in FY 2025)Full year 2026 results: JP¥171 loss per share (down from JP¥25.17 profit in FY 2025). Revenue: JP¥6.97b (up 30% from FY 2025). Net loss: JP¥457.0m (down JP¥524.0m from profit in FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.
공시 • May 11Innovation Inc., Annual General Meeting, Jun 24, 2026Innovation Inc., Annual General Meeting, Jun 24, 2026.
Buy Or Sell Opportunity • May 01Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.6% to JP¥896. The fair value is estimated to be JP¥1,125, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Mar 30Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.9% to JP¥912. The fair value is estimated to be JP¥1,160, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company became loss making.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 11 June 2026. The company is not currently making a profit and its cash payout ratio is 78%. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%).
Buy Or Sell Opportunity • Mar 09Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.2% to JP¥920. The fair value is estimated to be JP¥1,151, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Feb 17Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.9% to JP¥933. The fair value is estimated to be JP¥1,166, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Feb 10Third quarter 2026 earnings released: JP¥62.91 loss per share (vs JP¥0.76 profit in 3Q 2025)Third quarter 2026 results: JP¥62.91 loss per share (down from JP¥0.76 profit in 3Q 2025). Revenue: JP¥1.66b (up 28% from 3Q 2025). Net loss: JP¥168.0m (down JP¥170.0m from profit in 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.
공시 • Dec 27Innovation Inc. to Report Q3, 2026 Results on Feb 09, 2026Innovation Inc. announced that they will report Q3, 2026 results on Feb 09, 2026
Reported Earnings • Nov 12Second quarter 2026 earnings released: JP¥31.19 loss per share (vs JP¥13.06 profit in 2Q 2025)Second quarter 2026 results: JP¥31.19 loss per share (down from JP¥13.06 profit in 2Q 2025). Revenue: JP¥1.78b (up 29% from 2Q 2025). Net loss: JP¥83.0m (down 337% from profit in 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.
공시 • Sep 01Innovation Inc. to Report Q2, 2026 Results on Nov 10, 2025Innovation Inc. announced that they will report Q2, 2026 results on Nov 10, 2025
Reported Earnings • Aug 14First quarter 2026 earnings released: JP¥70.29 loss per share (vs JP¥4.48 loss in 1Q 2025)First quarter 2026 results: JP¥70.29 loss per share (further deteriorated from JP¥4.48 loss in 1Q 2025). Revenue: JP¥1.59b (up 31% from 1Q 2025). Net loss: JP¥186.0m (loss widened JP¥174.0m from 1Q 2025). 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.
Reported Earnings • Jun 30Full year 2025 earnings released: EPS: JP¥25.17 (vs JP¥94.87 in FY 2024)Full year 2025 results: EPS: JP¥25.17 (down from JP¥94.87 in FY 2024). Revenue: JP¥5.34b (up 11% from FY 2024). Net income: JP¥67.0m (down 73% from FY 2024). Profit margin: 1.3% (down from 5.1% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance.
공시 • Jun 03Innovation Inc. to Report Q1, 2026 Results on Aug 12, 2025Innovation Inc. announced that they will report Q1, 2026 results on Aug 12, 2025
New Risk • May 17New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 174% The company is paying a dividend despite having no free cash flows. Dividend yield: 3.8% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 174% Paying a dividend despite having no free cash flows. Earnings have declined by 15% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (JP¥2.80b market cap, or US$19.2m).
Reported Earnings • May 14Full year 2025 earnings released: EPS: JP¥25.17 (vs JP¥94.87 in FY 2024)Full year 2025 results: EPS: JP¥25.17 (down from JP¥94.87 in FY 2024). Revenue: JP¥5.34b (up 11% from FY 2024). Net income: JP¥67.0m (down 73% from FY 2024). Profit margin: 1.3% (down from 5.1% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance.
공시 • May 12Innovation Inc., Annual General Meeting, Jun 25, 2025Innovation Inc., Annual General Meeting, Jun 25, 2025.
분석 기사 • Apr 09We Think Innovation (TSE:3970) Can Manage Its Debt With EaseWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 11 June 2025. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%).
공시 • Mar 01Innovation Inc. to Report Fiscal Year 2025 Results on May 12, 2025Innovation Inc. announced that they will report fiscal year 2025 results on May 12, 2025
Reported Earnings • Feb 12Third quarter 2025 earnings released: EPS: JP¥0.76 (vs JP¥27.97 in 3Q 2024)Third quarter 2025 results: EPS: JP¥0.76 (down from JP¥27.97 in 3Q 2024). Revenue: JP¥1.30b (up 2.8% from 3Q 2024). Net income: JP¥2.00m (down 97% from 3Q 2024). Profit margin: 0.2% (down from 5.7% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
공시 • Dec 03Innovation Inc. to Report Q3, 2025 Results on Feb 10, 2025Innovation Inc. announced that they will report Q3, 2025 results on Feb 10, 2025
Reported Earnings • Nov 15Second quarter 2025 earnings released: EPS: JP¥13.06 (vs JP¥32.70 in 2Q 2024)Second quarter 2025 results: EPS: JP¥13.06 (down from JP¥32.70 in 2Q 2024). Revenue: JP¥1.38b (up 25% from 2Q 2024). Net income: JP¥35.0m (down 58% from 2Q 2024). Profit margin: 2.5% (down from 7.6% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 33% per year, which means it has not declined as severely as earnings.
공시 • Aug 27Innovation Inc. to Report Q2, 2025 Results on Nov 11, 2024Innovation Inc. announced that they will report Q2, 2025 results on Nov 11, 2024
공시 • Aug 21Innovation Inc. (TSE:3970) announces an Equity Buyback for 60,000 shares, representing 2.24% for ¥90 million.Innovation Inc. (TSE:3970) announces a share repurchase program. Under the program, the company will repurchase up to 60,000 shares, representing 2.24% of its issued share capital (excluding treasury stock), for a total purchase price of ¥90 million. The purpose of the program is to improve capital efficiency, implement a flexible capital policy in response to changes in the business environment, and further return profits to shareholders. The program will be valid till January 27, 2025. As of June 30, 2024, the company has 2,682,434 issued shares (excluding treasury stock) and 29,666 treasury shares.
Reported Earnings • Aug 11First quarter 2025 earnings released: JP¥4.48 loss per share (vs JP¥20.54 profit in 1Q 2024)First quarter 2025 results: JP¥4.48 loss per share (down from JP¥20.54 profit in 1Q 2024). Revenue: JP¥1.22b (up 20% from 1Q 2024). Net loss: JP¥12.0m (down 123% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.
분석 기사 • Aug 06Innovation (TSE:3970) Is Doing The Right Things To Multiply Its Share PriceDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to JP¥1,001, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 21x in the Interactive Media and Services industry in Japan. Total loss to shareholders of 62% over the past three years.
공시 • Jun 02Innovation Inc. to Report Q1, 2025 Results on Aug 09, 2024Innovation Inc. announced that they will report Q1, 2025 results on Aug 09, 2024
분석 기사 • May 21Additional Considerations Required While Assessing Innovation's (TSE:3970) Strong EarningsInnovation Inc. ( TSE:3970 ) announced strong profits, but the stock was stagnant. Our analysis suggests that...
Reported Earnings • May 13Full year 2024 earnings released: EPS: JP¥94.87 (vs JP¥25.13 in FY 2023)Full year 2024 results: EPS: JP¥94.87 (up from JP¥25.13 in FY 2023). Revenue: JP¥4.81b (up 5.3% from FY 2023). Net income: JP¥244.0m (up 294% from FY 2023). Profit margin: 5.1% (up from 1.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.
공시 • May 12Innovation Inc., Annual General Meeting, Jun 25, 2024Innovation Inc., Annual General Meeting, Jun 25, 2024.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 13 June 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.5%).
공시 • Mar 14Innovation Inc. to Report Fiscal Year 2024 Results on May 10, 2024Innovation Inc. announced that they will report fiscal year 2024 results on May 10, 2024
Reported Earnings • Feb 11Third quarter 2024 earnings released: EPS: JP¥27.97 (vs JP¥33.80 in 3Q 2023)Third quarter 2024 results: EPS: JP¥27.97 (down from JP¥33.80 in 3Q 2023). Revenue: JP¥1.27b (up 28% from 3Q 2023). Net income: JP¥72.0m (down 14% from 3Q 2023). Profit margin: 5.7% (down from 8.5% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 37% per year whereas the company’s share price has fallen by 32% per year.
공시 • Nov 26Innovation Inc. to Report Q3, 2024 Results on Feb 09, 2024Innovation Inc. announced that they will report Q3, 2024 results on Feb 09, 2024
Reported Earnings • Nov 10Second quarter 2024 earnings released: EPS: JP¥32.70 (vs JP¥18.54 in 2Q 2023)Second quarter 2024 results: EPS: JP¥32.70 (up from JP¥18.54 in 2Q 2023). Revenue: JP¥1.10b (down 15% from 2Q 2023). Net income: JP¥84.0m (up 83% from 2Q 2023). Profit margin: 7.6% (up from 3.6% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.
공시 • Sep 23Innovation Inc. to Report Q2, 2024 Results on Nov 09, 2023Innovation Inc. announced that they will report Q2, 2024 results on Nov 09, 2023
Reported Earnings • Aug 11First quarter 2024 earnings released: EPS: JP¥20.54 (vs JP¥38.11 in 1Q 2023)First quarter 2024 results: EPS: JP¥20.54 (down from JP¥38.11 in 1Q 2023). Revenue: JP¥1.01b (down 9.2% from 1Q 2023). Net income: JP¥52.0m (down 44% from 1Q 2023). Profit margin: 5.1% (down from 8.3% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • Aug 10Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥1,388, the stock trades at a trailing P/E ratio of 57.5x. Average trailing P/E is 22x in the Interactive Media and Services industry in Japan. Total loss to shareholders of 66% over the past three years.
New Risk • Jun 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.1% 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 Dividend is not well covered by earnings (155% payout ratio). Share price has been volatile over the past 3 months (5.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.4% net profit margin). Shareholders have been diluted in the past year (3.5% increase in shares outstanding). Market cap is less than US$100m (JP¥4.06b market cap, or US$28.2m).
New Risk • Jun 23New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.5% 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 Dividend is not well covered by earnings (155% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.4% net profit margin). Shareholders have been diluted in the past year (3.5% increase in shares outstanding). Market cap is less than US$100m (JP¥4.18b market cap, or US$29.2m).
공시 • Jun 14Innovation Inc. to Report Q1, 2024 Results on Aug 09, 2023Innovation Inc. announced that they will report Q1, 2024 results on Aug 09, 2023
Upcoming Dividend • Mar 23Upcoming dividend of JP¥39.00 per share at 2.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 09 June 2023. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
Valuation Update With 7 Day Price Move • Feb 16Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥1,556, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 20x in the Interactive Media and Services industry in Japan. Total loss to shareholders of 16% over the past three years.
Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥33.80 (vs JP¥48.46 in 3Q 2022)Third quarter 2023 results: EPS: JP¥33.80 (down from JP¥48.46 in 3Q 2022). Revenue: JP¥989.0m (down 16% from 3Q 2022). Net income: JP¥84.0m (down 26% from 3Q 2022). Profit margin: 8.5% (down from 9.7% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
공시 • Nov 30Innovation Inc. to Report Q3, 2023 Results on Feb 09, 2023Innovation Inc. announced that they will report Q3, 2023 results on Feb 09, 2023
Board Change • Nov 16No independent directorsThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). Director Kazuhiro Goto was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 11Second quarter 2023 earnings released: EPS: JP¥17.92 (vs JP¥39.58 in 2Q 2022)Second quarter 2023 results: EPS: JP¥17.92 (down from JP¥39.58 in 2Q 2022). Revenue: JP¥1.30b (up 20% from 2Q 2022). Net income: JP¥46.0m (down 51% from 2Q 2022). Profit margin: 3.6% (down from 8.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Buying Opportunity • Nov 11Now 29% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be JP¥2,831, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 40% over the last year. Earnings per share has grown by 63%.
Buying Opportunity • Oct 11Now 22% undervaluedOver the last 90 days, the stock is up 4.7%. The fair value is estimated to be JP¥2,960, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 40% over the last year. Earnings per share has grown by 63%.
Buying Opportunity • Sep 20Now 21% undervaluedOver the last 90 days, the stock is up 26%. The fair value is estimated to be JP¥3,280, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 40% over the last year. Earnings per share has grown by 63%.
공시 • Sep 09Innovation Inc. to Report Q2, 2023 Results on Nov 09, 2022Innovation Inc. announced that they will report Q2, 2023 results on Nov 09, 2022
Buying Opportunity • Aug 24Now 21% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be JP¥3,218, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 40% over the last year. Earnings per share has grown by 63%.
Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improved over the past weekAfter last week's 20% share price gain to JP¥2,599, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 28x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 50% over the past three years.
Reported Earnings • Aug 11First quarter 2023 earnings released: EPS: JP¥38.11 (vs JP¥23.02 in 1Q 2022)First quarter 2023 results: EPS: JP¥38.11 (up from JP¥23.02 in 1Q 2022). Revenue: JP¥1.11b (up 26% from 1Q 2022). Net income: JP¥92.0m (up 70% from 1Q 2022). Profit margin: 8.3% (up from 6.1% in 1Q 2022). The increase in margin was driven by higher revenue.
Buying Opportunity • Aug 08Now 24% undervaluedOver the last 90 days, the stock is up 10%. The fair value is estimated to be JP¥2,814, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 57%.
Buying Opportunity • Jul 01Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 2.0%. The fair value is estimated to be JP¥2,628, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 57%.
공시 • Jun 29Innovation Inc. to Report Q1, 2023 Results on Aug 09, 2022Innovation Inc. announced that they will report Q1, 2023 results on Aug 09, 2022
Buying Opportunity • Jun 13Now 20% undervaluedOver the last 90 days, the stock is up 7.1%. The fair value is estimated to be JP¥2,757, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 57%.
Buying Opportunity • May 24Now 20% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be JP¥2,846, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 57%.
Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥2,121, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 23x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 175% over the past three years.
공시 • May 18Innovation Inc., Annual General Meeting, Jun 23, 2022Innovation Inc., Annual General Meeting, Jun 23, 2022.
Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Director Kazuhiro Goto was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Apr 08+ 1 more updateInnovation Inc. announced that it has received ¥8.3721 million in fundingOn April 7, 2022, Innovation Inc. closed the transaction.
Valuation Update With 7 Day Price Move • Apr 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥2,394, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 24x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 206% over the past three years.
Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improved over the past weekAfter last week's 19% share price gain to JP¥2,323, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 25x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 198% over the past three years.
Valuation Update With 7 Day Price Move • Feb 16Investor sentiment deteriorated over the past weekAfter last week's 25% share price decline to JP¥2,235, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 25x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 205% over the past three years.
Buying Opportunity • Feb 15Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 37%. The fair value is estimated to be JP¥3,060, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% per annum over the last 3 years. Earnings per share has grown by 59% per annum over the last 3 years.
Reported Earnings • Feb 10Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: JP¥48.46 (up from JP¥34.61 in 3Q 2021). Revenue: JP¥1.17b (up 62% from 3Q 2021). Net income: JP¥114.0m (up 41% from 3Q 2021). Profit margin: 9.7% (down from 11% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) also surpassed analyst estimates by 53%. Over the next year, revenue is forecast to grow 3.4%, compared to a 14% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 52% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Dec 24Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥3,905, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 35x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 466% over the past three years.
Reported Earnings • Nov 10Second quarter 2022 earnings released: EPS JP¥39.58 (vs JP¥28.43 in 2Q 2021)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2022 results: Revenue: JP¥1.08b (up 58% from 2Q 2021). Net income: JP¥93.0m (up 60% from 2Q 2021). Profit margin: 8.6% (in line with 2Q 2021).
Valuation Update With 7 Day Price Move • Aug 31Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥3,140, the stock trades at a trailing P/E ratio of 25x. Average trailing P/E is 34x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 243% over the past three years.
Valuation Update With 7 Day Price Move • Aug 17Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to JP¥2,480, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 37x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 175% over the past three years.
Reported Earnings • Aug 12First quarter 2022 earnings released: EPS JP¥23.02 (vs JP¥31.76 in 1Q 2021)The company reported a mediocre first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: JP¥884.0m (up 30% from 1Q 2021). Net income: JP¥54.0m (down 13% from 1Q 2021). Profit margin: 6.1% (down from 9.1% in 1Q 2021). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • May 24Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥3,530, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 34x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 201% over the past three years.
Reported Earnings • May 16Full year 2021 earnings released: EPS JP¥135 (vs JP¥47.04 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥3.08b (up 53% from FY 2020). Net income: JP¥293.0m (up 219% from FY 2020). Profit margin: 9.5% (up from 4.5% in FY 2020). The increase in margin was driven by higher revenue.
Is New 90 Day High Low • Mar 03New 90-day low: JP¥2,922The company is down 20% from its price of JP¥3,635 on 03 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 Interactive Media and Services industry, which is flat over the same period.
Reported Earnings • Feb 11Third quarter 2021 earnings released: EPS JP¥34.61 (vs JP¥8.71 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥723.0m (up 41% from 3Q 2020). Net income: JP¥81.0m (up 377% from 3Q 2020). Profit margin: 11% (up from 3.3% in 3Q 2020). The increase in margin was driven by higher revenue.
Is New 90 Day High Low • Feb 10New 90-day high: JP¥4,100The company is up 18% from its price of JP¥3,460 on 12 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Interactive Media and Services industry, which is up 3.0% over the same period.
Is New 90 Day High Low • Jan 22New 90-day high: JP¥3,795The company is up 3.0% from its price of JP¥3,670 on 23 October 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Interactive Media and Services industry, which is down 4.0% over the same period.
공시 • Dec 25Innovation Inc. to Report Q3, 2021 Results on Feb 09, 2021Innovation Inc. announced that they will report Q3, 2021 results on Feb 09, 2021
공시 • Oct 01Innovation Inc. to Report Q2, 2021 Results on Nov 10, 2020Innovation Inc. announced that they will report Q2, 2021 results on Nov 10, 2020
공시 • Jul 17Innovation Inc. announced that it expects to receive ¥10.51974 million in fundingInnovation Inc. (TSE:3970) announced that it will issue 3,795 of stock acquisition right at a price of ¥2,772 per stock acquisition right for a total gross proceeds of ¥10,519,740 on July 15, 2020. The stock purchase rights will be issued through third party allotment. Each stock acquisition right is convertible into 100 shares of common stock resulting in 379,500 common shares of the company for three years starting from August 3, 2020 to expiry date August 31, 2023. The initial exercise price of stock acquisition right is ¥5,270 and the lower exercise price is ¥3,162. The transaction will be expected to complete on July 31, 2020. The estimated amount of expense will be ¥7,000,000 in the transaction.
공시 • Jun 29Innovation Inc. to Report Q1, 2021 Results on Aug 11, 2020Innovation Inc. announced that they will report Q1, 2021 results on Aug 11, 2020