공시 • May 22
Uzabase, Inc. proposed to acquire Global Information, Inc. (TSE:4171) from Sosuke Higuchi, Megumi Higuchi, Ichitose, Satomi Tano, Satoru Ono and Yuko Ono for ¥5.0 billion. Uzabase, Inc. proposed to acquire Global Information, Inc. (TSE:4171) from Sosuke Higuchi, Megumi Higuchi, Ichitose, Satomi Tano, Satoru Ono and Yuko Ono for ¥5.0 billion on May 20, 2026. A cash consideration valued at ¥1680 per share will be paid by Uzabase, Inc. Minimum Number of Shares to be Acquired is 1,983,600 shares. The percentage of shares owned if the purchase is made at the lower limit of the planned number of purchases is 66.83%.
The transaction received approval of merger agreement by target board. Period of the Tender Offer is from May 21, 2026 to Wednesday, July 1, 2026 (30 business days).
KPMG FAS Co., Ltd. acted as financial advisor for Uzabase, Inc. Nagashima Ohno & Tsunematsu acted as legal advisor for Uzabase, Inc. Miyakezaka Sogo Law Offices acted as legal advisor for Global Information, Inc. New Risk • May 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 14% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (112% payout ratio). Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (6.7% net profit margin). Market cap is less than US$100m (JP¥4.58b market cap, or US$28.8m). Valuation Update With 7 Day Price Move • May 21
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to JP¥1,544, the stock trades at a trailing P/E ratio of 28.8x. Average trailing P/E is 14x in the Media industry in Japan. Negligible returns to shareholders over past three years. New Risk • May 16
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.7% Last year net profit margin: 11% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 14% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (112% payout ratio). Profit margins are more than 30% lower than last year (6.7% net profit margin). Market cap is less than US$100m (JP¥3.67b market cap, or US$23.1m). Reported Earnings • May 16
First quarter 2026 earnings released: EPS: JP¥43.12 (vs JP¥67.87 in 1Q 2025) First quarter 2026 results: EPS: JP¥43.12 (down from JP¥67.87 in 1Q 2025). Revenue: JP¥905.0m (down 18% from 1Q 2025). Net income: JP¥128.0m (down 36% from 1Q 2025). Profit margin: 14% (down from 18% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Board Change • Apr 10
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Independent Outside Director Tatsuya Motoda was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Feb 12
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 3.7% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.0% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥4.13b market cap, or US$26.9m). Reported Earnings • Feb 11
Full year 2025 earnings released: EPS: JP¥78.23 (vs JP¥107 in FY 2024) Full year 2025 results: EPS: JP¥78.23 (down from JP¥107 in FY 2024). Revenue: JP¥2.57b (down 6.6% from FY 2024). Net income: JP¥232.0m (down 26% from FY 2024). Profit margin: 9.0% (down from 12% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. 공시 • Feb 10
Global Information, Inc., Annual General Meeting, Mar 27, 2026 Global Information, Inc., Annual General Meeting, Mar 27, 2026. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 30 March 2026. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). 공시 • Dec 03
Global Information, Inc. to Report Fiscal Year 2025 Results on Feb 10, 2026 Global Information, Inc. announced that they will report fiscal year 2025 results on Feb 10, 2026 Reported Earnings • Nov 15
Third quarter 2025 earnings released: EPS: JP¥6.74 (vs JP¥5.74 in 3Q 2024) Third quarter 2025 results: EPS: JP¥6.74 (up from JP¥5.74 in 3Q 2024). Revenue: JP¥489.0m (down 7.0% from 3Q 2024). Net income: JP¥20.0m (up 18% from 3Q 2024). Profit margin: 4.1% (up from 3.2% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. 공시 • Sep 02
Global Information, Inc. to Report Q3, 2025 Results on Nov 12, 2025 Global Information, Inc. announced that they will report Q3, 2025 results on Nov 12, 2025 Reported Earnings • Aug 14
Second quarter 2025 earnings released: JP¥9.78 loss per share (vs JP¥2.03 profit in 2Q 2024) Second quarter 2025 results: JP¥9.78 loss per share (down from JP¥2.03 profit in 2Q 2024). Revenue: JP¥405.0m (down 11% from 2Q 2024). Net loss: JP¥29.0m (down JP¥35.0m from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 10% per year. Upcoming Dividend • Jun 20
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 27 June 2025. Payment date: 04 September 2025. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (2.1%). 공시 • May 31
Global Information, Inc. to Report Q2, 2025 Results on Aug 12, 2025 Global Information, Inc. announced that they will report Q2, 2025 results on Aug 12, 2025 Reported Earnings • May 17
First quarter 2025 earnings released: EPS: JP¥67.87 (vs JP¥70.57 in 1Q 2024) First quarter 2025 results: EPS: JP¥67.87 (down from JP¥70.57 in 1Q 2024). Revenue: JP¥1.10b (up 5.2% from 1Q 2024). Net income: JP¥201.0m (down 3.4% from 1Q 2024). Profit margin: 18% (down from 20% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 7% per year. 공시 • Mar 04
Global Information, Inc. to Report Q1, 2025 Results on May 13, 2025 Global Information, Inc. announced that they will report Q1, 2025 results on May 13, 2025 Reported Earnings • Feb 12
Full year 2024 earnings released: EPS: JP¥107 (vs JP¥130 in FY 2023) Full year 2024 results: EPS: JP¥107 (down from JP¥130 in FY 2023). Revenue: JP¥2.75b (down 5.8% from FY 2023). Net income: JP¥315.0m (down 18% from FY 2023). Profit margin: 12% (down from 13% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 5% per year. 공시 • Feb 10
Global Information, Inc., Annual General Meeting, Mar 27, 2025 Global Information, Inc., Annual General Meeting, Mar 27, 2025. Upcoming Dividend • Dec 20
Upcoming dividend of JP¥34.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 28 March 2025. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.3%). 공시 • Dec 03
Global Information, Inc. to Report Fiscal Year 2024 Results on Feb 10, 2025 Global Information, Inc. announced that they will report fiscal year 2024 results on Feb 10, 2025 Reported Earnings • Nov 11
Third quarter 2024 earnings released: EPS: JP¥5.74 (vs JP¥21.04 in 3Q 2023) Third quarter 2024 results: EPS: JP¥5.74 (down from JP¥21.04 in 3Q 2023). Revenue: JP¥526.0m (down 9.6% from 3Q 2023). Net income: JP¥17.0m (down 73% from 3Q 2023). Profit margin: 3.2% (down from 11% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 8% per year. 공시 • Aug 30
Global Information, Inc. to Report Q3, 2024 Results on Nov 08, 2024 Global Information, Inc. announced that they will report Q3, 2024 results on Nov 08, 2024 Reported Earnings • Aug 13
Second quarter 2024 earnings released: EPS: JP¥2.03 (vs JP¥6.11 in 2Q 2023) Second quarter 2024 results: EPS: JP¥2.03 (down from JP¥6.11 in 2Q 2023). Revenue: JP¥454.0m (flat on 2Q 2023). Net income: JP¥6.00m (down 67% from 2Q 2023). Profit margin: 1.3% (down from 4.0% in 2Q 2023). New Risk • Aug 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (JP¥3.08b market cap, or US$21.6m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to JP¥1,039, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 16x in the Media industry in Japan. Total loss to shareholders of 29% over the past three years. Upcoming Dividend • Jun 20
Upcoming dividend of JP¥26.00 per share Eligible shareholders must have bought the stock before 27 June 2024. Payment date: 06 September 2024. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.3%). 공시 • Jun 06
Global Information, Inc. to Report Q2, 2024 Results on Aug 08, 2024 Global Information, Inc. announced that they will report Q2, 2024 results on Aug 08, 2024 Reported Earnings • May 16
First quarter 2024 earnings released: EPS: JP¥70.57 (vs JP¥68.20 in 1Q 2023) First quarter 2024 results: EPS: JP¥70.57 (up from JP¥68.20 in 1Q 2023). Revenue: JP¥1.04b (down 4.0% from 1Q 2023). Net income: JP¥208.0m (up 3.5% from 1Q 2023). Profit margin: 20% (up from 19% in 1Q 2023). The increase in margin was driven by lower expenses. Buy Or Sell Opportunity • Apr 18
Now 21% overvalued Over the last 90 days, the stock has fallen 3.9% to JP¥1,417. The fair value is estimated to be JP¥1,175, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.7% over the last 3 years. Earnings per share has grown by 4.7%. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥1,598, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 15x in the Media industry in Japan. Total returns to shareholders of 12% over the past three years. Buy Or Sell Opportunity • Feb 27
Now 21% overvalued Over the last 90 days, the stock has fallen 3.8% to JP¥1,395. The fair value is estimated to be JP¥1,153, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.7% over the last 3 years. Earnings per share has grown by 4.7%. 공시 • Feb 24
Global Information, Inc. to Report Q1, 2024 Results on May 13, 2024 Global Information, Inc. announced that they will report Q1, 2024 results on May 13, 2024 Reported Earnings • Feb 11
Full year 2023 earnings released: EPS: JP¥130 (vs JP¥149 in FY 2022) Full year 2023 results: EPS: JP¥130 (down from JP¥149 in FY 2022). Revenue: JP¥2.92b (down 2.2% from FY 2022). Net income: JP¥382.0m (down 13% from FY 2022). Profit margin: 13% (down from 15% in FY 2022). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. 공시 • Feb 09
Global Information, Inc., Annual General Meeting, Mar 27, 2024 Global Information, Inc., Annual General Meeting, Mar 27, 2024. Upcoming Dividend • Dec 21
Upcoming dividend of JP¥26.00 per share at 3.7% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 30 March 2024. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (2.7%). 공시 • Dec 05
Global Information, Inc. to Report Fiscal Year 2023 Results on Feb 09, 2024 Global Information, Inc. announced that they will report fiscal year 2023 results on Feb 09, 2024 Reported Earnings • Nov 09
Third quarter 2023 earnings released: EPS: JP¥21.04 (vs JP¥17.64 in 3Q 2022) Third quarter 2023 results: EPS: JP¥21.04 (up from JP¥17.64 in 3Q 2022). Revenue: JP¥582.0m (down 4.1% from 3Q 2022). Net income: JP¥62.0m (up 19% from 3Q 2022). Profit margin: 11% (up from 8.6% in 3Q 2022). The increase in margin was driven by lower expenses. Buying Opportunity • Sep 14
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 2.7%. The fair value is estimated to be JP¥2,132, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last year. Earnings per share has declined by 11%. 공시 • Aug 30
Global Information, Inc. to Report Q3, 2023 Results on Nov 08, 2023 Global Information, Inc. announced that they will report Q3, 2023 results on Nov 08, 2023 Reported Earnings • Aug 09
Second quarter 2023 earnings released: EPS: JP¥6.11 (vs JP¥13.91 in 2Q 2022) Second quarter 2023 results: EPS: JP¥6.11 (down from JP¥13.91 in 2Q 2022). Revenue: JP¥452.0m (down 7.9% from 2Q 2022). Net income: JP¥18.0m (down 56% from 2Q 2022). Profit margin: 4.0% (down from 8.4% in 2Q 2022). The decrease in margin was driven by lower revenue. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥26.00 per share at 3.0% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 06 September 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (2.4%). 공시 • May 31
Global Information, Inc. to Report Q2, 2023 Results on Aug 08, 2023 Global Information, Inc. announced that they will report Q2, 2023 results on Aug 08, 2023 Reported Earnings • May 15
First quarter 2023 earnings released: EPS: JP¥68.20 (vs JP¥79.11 in 1Q 2022) First quarter 2023 results: EPS: JP¥68.20 (down from JP¥79.11 in 1Q 2022). Revenue: JP¥1.09b (up 2.3% from 1Q 2022). Net income: JP¥201.0m (down 14% from 1Q 2022). Profit margin: 19% (down from 22% in 1Q 2022). The decrease in margin was driven by higher expenses. Reported Earnings • Apr 01
Full year 2022 earnings released: EPS: JP¥149 (vs JP¥131 in FY 2021) Full year 2022 results: EPS: JP¥149 (up from JP¥131 in FY 2021). Revenue: JP¥2.98b (up 12% from FY 2021). Net income: JP¥438.0m (up 22% from FY 2021). Profit margin: 15% (up from 14% in FY 2021). The increase in margin was driven by higher revenue. 공시 • Feb 13
Global Information, Inc., Annual General Meeting, Mar 29, 2023 Global Information, Inc., Annual General Meeting, Mar 29, 2023. Reported Earnings • Feb 12
Full year 2022 earnings released: EPS: JP¥149 (vs JP¥131 in FY 2021) Full year 2022 results: EPS: JP¥149 (up from JP¥131 in FY 2021). Revenue: JP¥2.98b (up 12% from FY 2021). Net income: JP¥438.0m (up 22% from FY 2021). Profit margin: 15% (up from 14% in FY 2021). The increase in margin was driven by higher revenue. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥22.50 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 30 March 2023. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (2.7%). 공시 • Dec 06
Global Information, Inc. to Report Fiscal Year 2022 Results on Feb 10, 2023 Global Information, Inc. announced that they will report fiscal year 2022 results on Feb 10, 2023 Reported Earnings • Nov 11
Third quarter 2022 earnings released: EPS: JP¥17.64 (vs JP¥35.11 in 3Q 2021) Third quarter 2022 results: EPS: JP¥17.64 (down from JP¥35.11 in 3Q 2021). Revenue: JP¥607.0m (down 15% from 3Q 2021). Net income: JP¥52.0m (down 48% from 3Q 2021). Profit margin: 8.6% (down from 14% in 3Q 2021). The decrease in margin was driven by lower revenue. 공시 • Aug 31
Global Information, Inc. to Report Q3, 2022 Results on Nov 09, 2022 Global Information, Inc. announced that they will report Q3, 2022 results on Nov 09, 2022 Reported Earnings • Aug 09
Second quarter 2022 earnings released Second quarter 2022 results: EPS: JP¥13.91. Revenue: JP¥491.0m (flat on 2Q 2021). Net income: JP¥41.0m (up JP¥41.0m from 2Q 2021). Profit margin: 8.4% (up from null in 2Q 2021). 공시 • Jun 01
Global Information, Inc. to Report Q2, 2022 Results on Aug 08, 2022 Global Information, Inc. announced that they will report Q2, 2022 results on Aug 08, 2022 Reported Earnings • May 13
First quarter 2022 earnings released First quarter 2022 results: EPS: JP¥79.11. Revenue: JP¥1.06b (flat on 1Q 2021). Net income: JP¥233.0m (up JP¥233.0m from 1Q 2021). Profit margin: 22% (up from null in 1Q 2021). 공시 • Apr 08
Global Information, Inc. to Report Q1, 2022 Results on May 11, 2022 Global Information, Inc. announced that they will report Q1, 2022 results on May 11, 2022 Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥1,939, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 14x in the Media industry in Japan. Total returns to shareholders of 30% over the past year. 공시 • Feb 16
Global Information, Inc., Annual General Meeting, Mar 29, 2022 Global Information, Inc., Annual General Meeting, Mar 29, 2022. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥33.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 31 March 2022. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.9%). Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥1,819, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 19x in the Media industry in Japan. Valuation Update With 7 Day Price Move • Sep 24
Investor sentiment improved over the past week After last week's 18% share price gain to JP¥1,820, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 20x in the Media industry in Japan. Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment deteriorated over the past week After last week's 17% share price decline to JP¥1,392, the stock trades at a trailing P/E ratio of 13.7x. Average trailing P/E is 18x in the Media industry in Japan. Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥2,159, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 24x in the Media industry in Japan. Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥1,918, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 25x in the Media industry in Japan. Valuation Update With 7 Day Price Move • May 19
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥1,692, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 24x in the Media industry in Japan. 공시 • Mar 17
Global Information, Inc. to Report Q1, 2021 Results on May 13, 2021 Global Information, Inc. announced that they will report Q1, 2021 results on May 13, 2021 공시 • Dec 30
Global Information, Inc. to Report Fiscal Year 2020 Results on Feb 12, 2021 Global Information, Inc. announced that they will report fiscal year 2020 results on Feb 12, 2021