View Future GrowthMTI 과거 순이익 실적과거 기준 점검 3/6MTI은 연평균 63.8%의 비율로 수입이 증가해 온 반면, Interactive Media and Services 산업은 수입이 20.6% 증가했습니다. 매출은 연평균 3.4%의 비율로 증가했습니다. MTI의 자기자본이익률은 15.7%이고 순이익률은 11.4%입니다.핵심 정보63.76%순이익 성장률63.69%주당순이익(EPS) 성장률Interactive Media and Services 산업 성장률12.02%매출 성장률3.39%자기자본이익률15.70%순이익률11.44%다음 순이익 업데이트06 Aug 2026최근 과거 실적 업데이트공고 • Jun 22MTI Ltd. to Report Q3, 2026 Results on Aug 06, 2026MTI Ltd. announced that they will report Q3, 2026 results on Aug 06, 2026분석 기사 • May 19We Think That There Are Issues Underlying MTI's (TSE:9438) EarningsMTI Ltd. ( TSE:9438 ) announced strong profits, but the stock was stagnant. Our analysis suggests that shareholders...Reported Earnings • May 13Second quarter 2026 earnings released: EPS: JP¥22.70 (vs JP¥21.16 in 2Q 2025)Second quarter 2026 results: EPS: JP¥22.70 (up from JP¥21.16 in 2Q 2025). Revenue: JP¥7.89b (up 3.7% from 2Q 2025). Net income: JP¥1.26b (up 7.9% from 2Q 2025). Profit margin: 16% (in line with 2Q 2025). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.공고 • Feb 13MTI Ltd. to Report Q2, 2026 Results on May 12, 2026MTI Ltd. announced that they will report Q2, 2026 results on May 12, 2026Reported Earnings • Feb 10First quarter 2026 earnings released: EPS: JP¥10.87 (vs JP¥10.70 in 1Q 2025)First quarter 2026 results: EPS: JP¥10.87 (up from JP¥10.70 in 1Q 2025). Revenue: JP¥7.77b (up 6.9% from 1Q 2025). Net income: JP¥603.0m (up 2.4% from 1Q 2025). Profit margin: 7.8% (down from 8.1% in 1Q 2025). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.공고 • Dec 26MTI Ltd. to Report Q1, 2026 Results on Feb 09, 2026MTI Ltd. announced that they will report Q1, 2026 results on Feb 09, 2026모든 업데이트 보기Recent updates공고 • Jul 18MTI Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending September 30, 2026MTI Ltd. Provided consolidated earnings guidance for the fiscal year ending September 30, 2026. For the period, the company expects net sales to be JPY 31,500 million, operating income to be in the range JPY 3,100 million to JPY 3,500 million, profit attributable to owners of parent to be in the range of JPY 2,560 million to JPY 2,840 million, and net income per share to be in the range of JPY 46.09 to JPY 51.13 compared net sales of JPY 29,910 million, operating income of 2,946 million, profit attributable to owners of parent of JPY 3,404 million and net income per share of 61.62 a year ago. The Company expects to record a gain on sale of shares of subsidiaries and associates of JPY 802 million as extraordinary income in its non-consolidated financial statements for the fourth quarter of the fiscal year ending September 2026 (July 1, 2026 to September 30, 2026). Since this extraordinary income will be eliminated in the consolidated accounts, the impact on the full-year consolidated earnings forecast is expected to be minimal.Valuation Update With 7 Day Price Move • Jul 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥618, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 18% over the past three years.공고 • Jun 22MTI Ltd. to Report Q3, 2026 Results on Aug 06, 2026MTI Ltd. announced that they will report Q3, 2026 results on Aug 06, 2026Declared Dividend • Jun 20First half dividend of JP¥10.00 announcedDividend of JP¥10.00 is the same as last year. Ex-date: 29th September 2026 Payment date: 22nd December 2026 Dividend yield will be 3.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (16% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 2.5% over the next 3 years. However, it would need to fall by 82% to increase the payout ratio to a potentially unsustainable range.공고 • Jun 20MTI Ltd. Appoints Masahiko Ogata as Head of Group Information Security Promotion Office, Effective July 1, 2026MTI Ltd. announced at a meeting of the Board of Directors held on June 19, 2026, that the following changes in officers were decided. Masahiko Ogata was appointed as Executive Officer Head of ICT Office and Head of Group Information Security Promotion Office, effective July 1, 2026. Masahiko Ogata previously served as Head of ICT Office.분석 기사 • May 19We Think That There Are Issues Underlying MTI's (TSE:9438) EarningsMTI Ltd. ( TSE:9438 ) announced strong profits, but the stock was stagnant. Our analysis suggests that shareholders...Reported Earnings • May 13Second quarter 2026 earnings released: EPS: JP¥22.70 (vs JP¥21.16 in 2Q 2025)Second quarter 2026 results: EPS: JP¥22.70 (up from JP¥21.16 in 2Q 2025). Revenue: JP¥7.89b (up 3.7% from 2Q 2025). Net income: JP¥1.26b (up 7.9% from 2Q 2025). Profit margin: 16% (in line with 2Q 2025). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 15 June 2026. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%).공고 • Feb 13MTI Ltd. to Report Q2, 2026 Results on May 12, 2026MTI Ltd. announced that they will report Q2, 2026 results on May 12, 2026Reported Earnings • Feb 10First quarter 2026 earnings released: EPS: JP¥10.87 (vs JP¥10.70 in 1Q 2025)First quarter 2026 results: EPS: JP¥10.87 (up from JP¥10.70 in 1Q 2025). Revenue: JP¥7.77b (up 6.9% from 1Q 2025). Net income: JP¥603.0m (up 2.4% from 1Q 2025). Profit margin: 7.8% (down from 8.1% in 1Q 2025). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.공고 • Jan 24PLAY, inc. agreed to acquire Video Market Corporation from MTI Ltd. (TSE:9438).PLAY, inc. agreed to acquire Video Market Corporation from MTI Ltd. (TSE:9438) on January 23, 2026. For the period ending September 30, 2025, Video Market Corporation reported total revenue of ¥1.17 billion, operating loss of ¥155 million and net income of ¥100 million. As of September 30, 2025, Video Market Corporation reported total assets of ¥649 million and total common equity of ¥343 million. The expected completion of the transaction is February 6, 2026.Declared Dividend • Jan 08Final dividend of JP¥10.00 announcedShareholders will receive a dividend of JP¥10.00. Ex-date: 30th March 2026 Payment date: 15th June 2026 Dividend yield will be 2.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 6.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 22% over the next 3 years. However, it would need to fall by 66% to increase the payout ratio to a potentially unsustainable range.공고 • Dec 26MTI Ltd. to Report Q1, 2026 Results on Feb 09, 2026MTI Ltd. announced that they will report Q1, 2026 results on Feb 09, 2026Reported Earnings • Dec 25Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥61.61 (up from JP¥43.03 in FY 2024). Revenue: JP¥29.9b (up 8.1% from FY 2024). Net income: JP¥3.40b (up 44% from FY 2024). Profit margin: 11% (up from 8.5% in FY 2024). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 50%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.분석 기사 • Nov 18MTI's (TSE:9438) Solid Profits Have Weak FundamentalsMTI Ltd. ( TSE:9438 ) just reported some strong earnings, and the market reacted accordingly with a healthy uplift in...Reported Earnings • Nov 14Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥61.61 (up from JP¥43.03 in FY 2024). Revenue: JP¥29.9b (up 8.1% from FY 2024). Net income: JP¥3.40b (up 44% from FY 2024). Profit margin: 11% (up from 8.5% in FY 2024). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 50%. Revenue is forecast to grow 6.4% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.공고 • Nov 11MTI Ltd., Annual General Meeting, Dec 20, 2025MTI Ltd., Annual General Meeting, Dec 20, 2025.Upcoming Dividend • Sep 22Upcoming dividend of JP¥9.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 23 December 2025. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).분석 기사 • Aug 30MTI's (TSE:9438) Dividend Will Be ¥9.00MTI Ltd.'s ( TSE:9438 ) investors are due to receive a payment of ¥9.00 per share on 23rd of December. This makes the...공고 • Aug 29MTI Ltd. to Report Fiscal Year 2025 Results on Nov 11, 2025MTI Ltd. announced that they will report fiscal year 2025 results on Nov 11, 2025Board Change • Aug 21Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Outside Independent Director Yuzo Ishikawa was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.분석 기사 • Aug 13MTI (TSE:9438) Has Announced A Dividend Of ¥9.00The board of MTI Ltd. ( TSE:9438 ) has announced that it will pay a dividend on the 23rd of December, with investors...Reported Earnings • Aug 09Third quarter 2025 earnings released: EPS: JP¥5.49 (vs JP¥12.47 in 3Q 2024)Third quarter 2025 results: EPS: JP¥5.49 (down from JP¥12.47 in 3Q 2024). Revenue: JP¥7.42b (up 5.7% from 3Q 2024). Net income: JP¥304.0m (down 56% from 3Q 2024). Profit margin: 4.1% (down from 9.8% in 3Q 2024). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.분석 기사 • Jul 17MTI (TSE:9438) Has Affirmed Its Dividend Of ¥9.00MTI Ltd. ( TSE:9438 ) has announced that it will pay a dividend of ¥9.00 per share on the 23rd of December. Based on...분석 기사 • Jun 15MTI (TSE:9438) Has Affirmed Its Dividend Of ¥9.00MTI Ltd.'s ( TSE:9438 ) investors are due to receive a payment of ¥9.00 per share on 23rd of December. The dividend...Declared Dividend • Jun 14First half dividend of JP¥9.00 announcedDividend of JP¥9.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 23rd December 2025 Dividend yield will be 2.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 6.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 18% over the next 3 years. However, it would need to fall by 57% to increase the payout ratio to a potentially unsustainable range.공고 • May 21MTI Ltd. to Report Q3, 2025 Results on Aug 08, 2025MTI Ltd. announced that they will report Q3, 2025 results on Aug 08, 2025Reported Earnings • May 15Second quarter 2025 earnings released: EPS: JP¥21.16 (vs JP¥16.91 in 2Q 2024)Second quarter 2025 results: EPS: JP¥21.16 (up from JP¥16.91 in 2Q 2024). Revenue: JP¥7.61b (up 11% from 2Q 2024). Net income: JP¥1.17b (up 26% from 2Q 2024). Profit margin: 15% (up from 14% in 2Q 2024). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.분석 기사 • Apr 08MTI Ltd.'s (TSE:9438) Shareholders Might Be Looking For ExitMTI Ltd.'s ( TSE:9438 ) price-to-earnings (or "P/E") ratio of 17.2x might make it look like a strong sell right now...Upcoming Dividend • Mar 21Upcoming dividend of JP¥9.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 16 June 2025. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%).공고 • Mar 05MTI Ltd. announced that it has received ¥200.0894 million in fundingOn March 3, 2025, MTI Ltd. closed the transaction.Valuation Update With 7 Day Price Move • Feb 27Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥828, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 102% over the past three years.공고 • Feb 22MTI Ltd. to Report Q2, 2025 Results on May 13, 2025MTI Ltd. announced that they will report Q2, 2025 results at 3:00 PM, Tokyo Standard Time on May 13, 2025공고 • Feb 14MTI Ltd. announced that it expects to receive ¥200.0894 million in fundingMTI Ltd announced a private placemen to issue 183,400 shares at an issue price of ¥1,901 per share for gross proceeds of ¥200,089,400 on February 12, 2025. The transaction will include participation from new investor Hiro Ichinokura. The transaction has been approved by shareholders of company and is expected to close on March 5, 2025. The company has disclosed the issue expenses of ¥1,300,000 and net proceeds of ¥198,789,400.Reported Earnings • Feb 14First quarter 2025 earnings released: EPS: JP¥10.69 (vs JP¥11.48 in 1Q 2024)First quarter 2025 results: EPS: JP¥10.69 (down from JP¥11.48 in 1Q 2024). Revenue: JP¥7.27b (up 9.8% from 1Q 2024). Net income: JP¥589.0m (down 6.5% from 1Q 2024). Profit margin: 8.1% (down from 9.5% in 1Q 2024). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.공고 • Feb 12MTI Ltd. Provides Earnings Guidance for the Full Year Ending September 30, 2025MTI Ltd. provided earnings guidance for the full year ending September 30, 2025. For the full year, the company now expects net sales of JPY 28,500 million, operating income to be JPY 2,800 million to JPY 3,200 million, profit attributable to owners of parent in the range of JPY 2,050 million to JPY 2,330 million, net income per share in the range of JPY 37.20 to JPY 42.28.New Risk • Jan 29New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.Declared Dividend • Jan 06Final dividend of JP¥9.00 announcedShareholders will receive a dividend of JP¥9.00. Ex-date: 28th March 2025 Payment date: 16th June 2025 Dividend yield will be 1.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.분석 기사 • Dec 30We Think That There Are Issues Underlying MTI's (TSE:9438) EarningsDespite posting some strong earnings, the market for MTI Ltd.'s ( TSE:9438 ) stock hasn't moved much. We did some...Board Change • Dec 29Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Outside Director Hideaki Wada was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Dec 28Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥43.03 (up from JP¥13.73 in FY 2023). Revenue: JP¥27.7b (up 3.3% from FY 2023). Net income: JP¥2.36b (up 214% from FY 2023). Profit margin: 8.5% (up from 2.8% in FY 2023). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.6%. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.공고 • Dec 27MTI Ltd. to Report Q1, 2025 Results on Feb 07, 2025MTI Ltd. announced that they will report Q1, 2025 results at 3:00 PM, Tokyo Standard Time on Feb 07, 2025공고 • Nov 09MTI Ltd. Approves Cash Dividend, Payable on December 23, 2024MTI Ltd. announced that the Board of Directors of the Company resolved to pay a dividend of ¥9 per share from surplus with September 30, 2024 as the record date at its meeting held on November 7, 2024. Effective date is December 23, 2024. For the fiscal year ended September 30, 2024, the year-end dividend per share was initially forecasted to be ¥8. However, given the substantial increase in full-year consolidated profits compared to the previous year and policy to target a total shareholder return ratio of approximately 35% over the medium term, the company have decided to raise the dividend to ¥9. As a result, the annual dividend per share for the fiscal year is expected to be ¥17, an increase of ¥1 from the previous year, with a total shareholder return ratio of 39.7% for the fiscal year.공고 • Nov 07MTI Ltd., Annual General Meeting, Dec 21, 2024MTI Ltd., Annual General Meeting, Dec 21, 2024.공고 • Sep 19MTI Ltd. to Transfer It Services Business for Sports and Exercise to Climb Factory Co., LtdMTI Ltd. announced that a meeting of the Board of Directors of the Company held on September 19, 2024, company resolved to transfer IT services business for sports and exercise (hereinafter referred to as the "CLIMB Factory Business") to Climb Factory Co. Ltd. (hereinafter referred to as "Climb Factory") through a company split (simplified absorption-type company split), effective November 1, 2024 (hereinafter referred to as the "Company Split "). Since the Company Split qualifies as a simplified absorption-type company split under Article 796, Paragraph 2 of the Companies Act, and therefore, some disclosure items and details have been omitted. 1. Purpose of the Company Split CLIMB Factory Business has been providing IT services for the sports and exercise sector. However, as focus on healthcare and school DX initiatives, have decided to transfer this business to Climb Factory to optimize the allocation of management resources within group. Summary of the Company Split (1) Schedule of the Company Split: September 19, 2024 as Resolution of the Board of Directors; September 19, 2024 as Date of the conclusion of the Company Split agreement; November 1, 2024 as Effective date of the Company Split (planned). (2) Method of the Company Split: The Company Split is an absorption-type (simplified adsorption-type) company split in which Climb Factory will be a succeeding company. (3) Allocation of shares associated with the Company Split: As consideration for this Company Split, Climb Factory, the successor company, is expected to pay JPY 5,530,000 to company. This amount has been determined based on the valuation results conducted by a third-party organization and through mutual agreement between both parties. Climb Factory, the successor company, will inherit the assets, liabilities, contractual positions, and other rights and obligations related to CLIMB Factory Business as specified in the absorption-type split agreement, effective on the date the Company Split takes effect.분석 기사 • Aug 23MTI Ltd.'s (TSE:9438) Shares Climb 28% But Its Business Is Yet to Catch UpMTI Ltd. ( TSE:9438 ) shares have continued their recent momentum with a 28% gain in the last month alone. The last 30...Buy Or Sell Opportunity • Aug 23Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 36% to JP¥1,068. The fair value is estimated to be JP¥883, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to decline by 10% in the next 2 years.분석 기사 • Aug 09Estimating The Intrinsic Value Of MTI Ltd. (TSE:9438)Key Insights Using the 2 Stage Free Cash Flow to Equity, MTI fair value estimate is JP¥883 MTI's JP¥999 share price...공고 • Aug 09MTI Ltd. to Report Fiscal Year 2024 Results on Nov 07, 2024MTI Ltd. announced that they will report fiscal year 2024 results on Nov 07, 2024Reported Earnings • Aug 09Third quarter 2024 earnings released: EPS: JP¥12.47 (vs JP¥14.97 in 3Q 2023)Third quarter 2024 results: EPS: JP¥12.47 (down from JP¥14.97 in 3Q 2023). Revenue: JP¥7.02b (up 7.9% from 3Q 2023). Net income: JP¥685.0m (down 17% from 3Q 2023). Profit margin: 9.8% (down from 13% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥711, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 18x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 2.2% over the past three years.분석 기사 • Jul 24Is MTI (TSE:9438) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...분석 기사 • Jun 20Optimistic Investors Push MTI Ltd. (TSE:9438) Shares Up 27% But Growth Is LackingMTI Ltd. ( TSE:9438 ) shareholders would be excited to see that the share price has had a great month, posting a 27...New Risk • Jun 13New 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 5.5% 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 16% 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. Share price has been volatile over the past 3 months (5.5% average weekly change). Large one-off items impacting financial results.공고 • Jun 02MTI Ltd. to Report Q3, 2024 Results on Aug 06, 2024MTI Ltd. announced that they will report Q3, 2024 results on Aug 06, 2024Valuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥842, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 21x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 28% over the past three years.분석 기사 • May 22MTI's (TSE:9438) Shareholders May Want To Dig Deeper Than Statutory ProfitThe market shrugged off MTI Ltd.'s ( TSE:9438 ) solid earnings report. Our analysis showed that there are some...Reported Earnings • May 11Second quarter 2024 earnings released: EPS: JP¥19.19 (vs JP¥4.82 in 2Q 2023)Second quarter 2024 results: EPS: JP¥19.19 (up from JP¥4.82 in 2Q 2023). Revenue: JP¥6.89b (up 5.4% from 2Q 2023). Net income: JP¥1.05b (up 299% from 2Q 2023). Profit margin: 15% (up from 4.0% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.공고 • May 10+ 2 more updatesMTI Ltd. Revises Earnings Guidance for the First Half of March 31, 2024, and the Full Year Ending September 30, 2024MTI Ltd. revised earnings guidance for the first half of March 31, 2024, and the full year ending September 30, 2024. For the first half ended March 31, 2024, the company now net sales of ¥13,517 million against previous guidance of ¥13,000 million; Operating income of ¥1,052 million against previous guidance of ¥600 million; Profit attributable to owners of parent of ¥1,683 million against previous guidance of ¥1,240 million and net income per share of ¥30.68 against ¥22.60. The second quarter (cumulative) sales are expected to exceed the previous forecast due to increased sales in the healthcare business and corporate DX support business, among others. Consequently, operating profit, ordinary profit, and profit attributable to owners of parent are expected to significantly exceed the previous forecast.For the year ending September 30, 2024, the company now the net sales of ¥27,000 million against previous guidance of ¥27,000 million; Operating income of ¥1,800 million against previous guidance of ¥1,000 million; Profit attributable to owners of parent of ¥1,750 million against previous guidance of ¥1,340 million and net income per share of ¥31.90 against ¥24.43. While the full-year sales forecast remains unchanged, will revise upwards forecasts for operating income, ordinary income, and profit attributable to owners of parent. This decision is based on the significant outperformance of the second quarter (cumulative) and the steady expansion of the number of schools introducing our school DX business.Upcoming Dividend • Mar 21Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 17 June 2024. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.5%).분석 기사 • Feb 29MTI Ltd.'s (TSE:9438) 27% Share Price Surge Not Quite Adding UpMTI Ltd. ( TSE:9438 ) shareholders have had their patience rewarded with a 27% share price jump in the last month...공고 • Feb 14MTI Ltd. to Report Q2, 2024 Results on May 09, 2024MTI Ltd. announced that they will report Q2, 2024 results on May 09, 2024Valuation Update With 7 Day Price Move • Feb 14Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥761, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 26x in the Interactive Media and Services industry in Japan. Total loss to shareholders of 2.8% over the past three years.Reported Earnings • Feb 09First quarter 2024 earnings released: EPS: JP¥11.48 (vs JP¥10.76 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥11.48 (up from JP¥10.76 loss in 1Q 2023). Revenue: JP¥6.63b (down 6.6% from 1Q 2023). Net income: JP¥630.0m (up JP¥1.22b from 1Q 2023). Profit margin: 9.5% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Board Change • Feb 06Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 4 highly experienced directors. Independent Outside Director Hideaki Wada 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.Reported Earnings • Dec 28Full year 2023 earnings released: EPS: JP¥13.73 (vs JP¥16.98 loss in FY 2022)Full year 2023 results: EPS: JP¥13.73 (up from JP¥16.98 loss in FY 2022). Revenue: JP¥26.8b (up 1.2% from FY 2022). Net income: JP¥753.0m (up JP¥1.68b from FY 2022). Profit margin: 2.8% (up from net loss in FY 2022). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.공고 • Dec 26MTI Ltd. to Report Q1, 2024 Results on Feb 07, 2024MTI Ltd. announced that they will report Q1, 2024 results on Feb 07, 2024공고 • Nov 11MTI Ltd., Annual General Meeting, Dec 23, 2023MTI Ltd., Annual General Meeting, Dec 23, 2023.Reported Earnings • Nov 09Full year 2023 earnings released: EPS: JP¥13.73 (vs JP¥16.98 loss in FY 2022)Full year 2023 results: EPS: JP¥13.73 (up from JP¥16.98 loss in FY 2022). Revenue: JP¥26.8b (up 1.2% from FY 2022). Net income: JP¥753.0m (up JP¥1.68b from FY 2022). Profit margin: 2.8% (up from net loss in FY 2022). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Upcoming Dividend • Sep 21Upcoming dividend of JP¥8.00 per share at 2.7% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 26 December 2023. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).공고 • Aug 19MTI Ltd. to Report Fiscal Year 2023 Results on Nov 08, 2023MTI Ltd. announced that they will report fiscal year 2023 results on Nov 08, 2023Reported Earnings • Aug 09Third quarter 2023 earnings released: EPS: JP¥14.97 (vs JP¥3.85 loss in 3Q 2022)Third quarter 2023 results: EPS: JP¥14.97 (up from JP¥3.85 loss in 3Q 2022). Revenue: JP¥6.50b (up 1.9% from 3Q 2022). Net income: JP¥821.0m (up JP¥1.03b from 3Q 2022). Profit margin: 13% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Reported Earnings • May 13Second quarter 2023 earnings released: EPS: JP¥4.82 (vs JP¥2.36 loss in 2Q 2022)Second quarter 2023 results: EPS: JP¥4.82 (up from JP¥2.36 loss in 2Q 2022). Revenue: JP¥6.53b (up 1.7% from 2Q 2022). Net income: JP¥264.0m (up JP¥393.0m from 2Q 2022). Profit margin: 4.0% (up from net loss in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.공고 • May 12+ 2 more updatesMti Ltd. Provides Earnings Guidance for the Fiscal Year Ending September 30, 2023MTI Ltd. provided earnings guidance for the fiscal year ending September 30, 2023. For the period, the company expects net sales to be JPY 26,800 million, operating income to be JPY 200 million, ordinary income to be JPY 400 million, loss attributable to owners of parent to be JPY 400 million, net loss per share to be JPY 7.29.Upcoming Dividend • Mar 23Upcoming dividend of JP¥8.00 per share at 2.7% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 19 June 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).공고 • Feb 14MTI Ltd. to Report Q2, 2023 Results on May 11, 2023MTI Ltd. announced that they will report Q2, 2023 results on May 11, 2023Reported Earnings • Feb 12First quarter 2023 earnings released: JP¥10.76 loss per share (vs JP¥4.60 profit in 1Q 2022)First quarter 2023 results: JP¥10.76 loss per share (down from JP¥4.60 profit in 1Q 2022). Revenue: JP¥7.08b (up 8.1% from 1Q 2022). Net loss: JP¥590.0m (down 334% from profit in 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.공고 • Feb 08+ 1 more updateMTI Ltd. Provides Dividend Guidance for the Second Quarter and Full Year of Fiscal Year Ending September 30, 2023MTI Ltd. provided dividend guidance for the second quarter and full year of fiscal year ending September 30, 2023. For the second quarter, the company expects to pay dividend of JPY 8.00 per share.For the full year, the company expects to pay dividend of JPY 8.00 per share.Reported Earnings • Dec 28Full year 2022 earnings released: JP¥16.98 loss per share (vs JP¥21.28 loss in FY 2021)Full year 2022 results: JP¥16.98 loss per share (improved from JP¥21.28 loss in FY 2021). Revenue: JP¥26.5b (up 2.9% from FY 2021). Net loss: JP¥930.0m (loss narrowed 20% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.공고 • Dec 02MTI Ltd. to Report Q1, 2023 Results on Feb 08, 2023MTI Ltd. announced that they will report Q1, 2023 results on Feb 08, 2023Board Change • Nov 16Less than half of directors are independentThere 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. 11 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Independent Outside Director Ryosuke Tsuchiya was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 11Full year 2022 earnings released: JP¥16.98 loss per share (vs JP¥21.28 loss in FY 2021)Full year 2022 results: JP¥16.98 loss per share (improved from JP¥21.28 loss in FY 2021). Revenue: JP¥26.5b (up 2.9% from FY 2021). Net loss: JP¥930.0m (loss narrowed 20% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.공고 • Nov 10+ 1 more updateMTI Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Year of the Fiscal Year Ending September 30, 2023MTI Ltd. provided consolidated earnings guidance for the first half and full year of the fiscal year ending September 30, 2023. For the first half, the company expects net sales to be JPY 12,700 million. Operating income to be JPY 200 million. Loss attributable to owners of parent to be JPY 740 million. Net loss per share to be JPY 13.55. For the full year, the company expects net sales to be JPY 26,000 million. Operating income to be JPY 800 million. Loss attributable to owners of parent to be JPY 600 million. Net loss per share to be JPY 10.99.공고 • Oct 05MTI Ltd., Annual General Meeting, Dec 24, 2022MTI Ltd., Annual General Meeting, Dec 24, 2022.Upcoming Dividend • Sep 22Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 20 December 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%).공고 • Aug 19MTI Ltd. to Report Fiscal Year 2022 Results on Nov 10, 2022MTI Ltd. announced that they will report fiscal year 2022 results on Nov 10, 2022Reported Earnings • Aug 07Third quarter 2022 earnings released: JP¥3.85 loss per share (vs JP¥5.88 profit in 3Q 2021)Third quarter 2022 results: JP¥3.85 loss per share (down from JP¥5.88 profit in 3Q 2021). Revenue: JP¥6.38b (down 1.2% from 3Q 2021). Net loss: JP¥211.0m (down 166% from profit in 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.공고 • Aug 06+ 1 more updateMTI Ltd. Provides Dividend Guidance for the Fiscal Year Ending September 30, 2022MTI Ltd. provided expects dividend of JPY 8.00 per share for the Fiscal year ending September 30, 2022.공고 • May 26MTI Ltd. to Report Q3, 2022 Results on Aug 05, 2022MTI Ltd. announced that they will report Q3, 2022 results on Aug 05, 2022매출 및 비용 세부 내역MTI가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TSE:9438 매출, 비용 및 순이익 (JPY Millions)날짜매출순이익일반관리비연구개발비31 Mar 2630,6913,51018,381031 Dec 2530,4123,41818,269030 Sep 2529,9103,40418,052030 Jun 2529,4392,18117,672031 Mar 2529,0372,56217,254031 Dec 2428,3162,32216,925030 Sep 2427,6692,36316,655030 Jun 2427,1962,50116,399031 Mar 2426,6842,63716,493031 Dec 2326,3321,97316,597030 Sep 2326,79875316,809030 Jun 2327,263-34716,954031 Mar 2327,135-1,37917,075031 Dec 2227,019-1,77216,877030 Sep 2226,479-93016,468030 Jun 2225,593-15816,294031 Mar 2225,67237515,845031 Dec 2125,990-1,13215,726030 Sep 2125,743-1,16415,679030 Jun 2126,094-2,36815,225031 Mar 2126,155-2,15615,224031 Dec 2026,26849515,077030 Sep 2026,08250614,824030 Jun 2026,1771,14214,835031 Mar 2026,1531,89414,884031 Dec 1926,3681,19615,174030 Sep 1927,1121,50815,670030 Jun 1927,3031,88015,897031 Mar 1927,8451,33516,129031 Dec 1828,4201,37116,948030 Sep 1829,0751,62917,813030 Jun 1830,0362,18518,611031 Mar 1830,8102,14719,304031 Dec 1730,8131,55819,596030 Sep 1730,9331,43419,544030 Jun 1731,0211,84020,102031 Mar 1731,1352,33319,698031 Dec 1631,9343,29720,014030 Sep 1632,8443,31720,863030 Jun 1633,4993,28421,657031 Mar 1633,8352,94422,483031 Dec 1533,7992,54322,988030 Sep 1533,4612,60722,4580양질의 수익: 9438는 ¥844.0M 규모의 큰 일회성 이익이 있어 31st March, 2026까지 지난 12개월 재무 결과에 영향을 미쳤습니다.이익 마진 증가: 9438의 현재 순 이익률 (11.4%)은 지난해 (8.8%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 9438는 지난 5년 동안 흑자전환하며 연평균 63.8%의 수익 성장을 기록했습니다.성장 가속화: 지난 1년간 9438 의 수익 증가율(37%)은 5년 평균(연간 63.8%)보다 낮습니다.수익 대 산업: 9438의 지난 1년 수익 증가율(37%)은 Interactive Media and Services 업계의 18.2%를 상회했습니다.자기자본이익률높은 ROE: 9438의 자본 수익률(15.7%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMedia 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/29 08:59종가2026/07/29 00:00수익2026/03/31연간 수익2025/09/30데이터 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 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 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 소스MTI Ltd.는 6명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Jun HasebeDaiwa Securities Co. Ltd.Masatoshi NagataIchiyoshi Research Institute Inc.null nullInvestment Bridge Co., Ltd.3명의 분석가 더 보기
공고 • Jun 22MTI Ltd. to Report Q3, 2026 Results on Aug 06, 2026MTI Ltd. announced that they will report Q3, 2026 results on Aug 06, 2026
분석 기사 • May 19We Think That There Are Issues Underlying MTI's (TSE:9438) EarningsMTI Ltd. ( TSE:9438 ) announced strong profits, but the stock was stagnant. Our analysis suggests that shareholders...
Reported Earnings • May 13Second quarter 2026 earnings released: EPS: JP¥22.70 (vs JP¥21.16 in 2Q 2025)Second quarter 2026 results: EPS: JP¥22.70 (up from JP¥21.16 in 2Q 2025). Revenue: JP¥7.89b (up 3.7% from 2Q 2025). Net income: JP¥1.26b (up 7.9% from 2Q 2025). Profit margin: 16% (in line with 2Q 2025). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
공고 • Feb 13MTI Ltd. to Report Q2, 2026 Results on May 12, 2026MTI Ltd. announced that they will report Q2, 2026 results on May 12, 2026
Reported Earnings • Feb 10First quarter 2026 earnings released: EPS: JP¥10.87 (vs JP¥10.70 in 1Q 2025)First quarter 2026 results: EPS: JP¥10.87 (up from JP¥10.70 in 1Q 2025). Revenue: JP¥7.77b (up 6.9% from 1Q 2025). Net income: JP¥603.0m (up 2.4% from 1Q 2025). Profit margin: 7.8% (down from 8.1% in 1Q 2025). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
공고 • Dec 26MTI Ltd. to Report Q1, 2026 Results on Feb 09, 2026MTI Ltd. announced that they will report Q1, 2026 results on Feb 09, 2026
공고 • Jul 18MTI Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending September 30, 2026MTI Ltd. Provided consolidated earnings guidance for the fiscal year ending September 30, 2026. For the period, the company expects net sales to be JPY 31,500 million, operating income to be in the range JPY 3,100 million to JPY 3,500 million, profit attributable to owners of parent to be in the range of JPY 2,560 million to JPY 2,840 million, and net income per share to be in the range of JPY 46.09 to JPY 51.13 compared net sales of JPY 29,910 million, operating income of 2,946 million, profit attributable to owners of parent of JPY 3,404 million and net income per share of 61.62 a year ago. The Company expects to record a gain on sale of shares of subsidiaries and associates of JPY 802 million as extraordinary income in its non-consolidated financial statements for the fourth quarter of the fiscal year ending September 2026 (July 1, 2026 to September 30, 2026). Since this extraordinary income will be eliminated in the consolidated accounts, the impact on the full-year consolidated earnings forecast is expected to be minimal.
Valuation Update With 7 Day Price Move • Jul 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥618, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 18% over the past three years.
공고 • Jun 22MTI Ltd. to Report Q3, 2026 Results on Aug 06, 2026MTI Ltd. announced that they will report Q3, 2026 results on Aug 06, 2026
Declared Dividend • Jun 20First half dividend of JP¥10.00 announcedDividend of JP¥10.00 is the same as last year. Ex-date: 29th September 2026 Payment date: 22nd December 2026 Dividend yield will be 3.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (16% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 2.5% over the next 3 years. However, it would need to fall by 82% to increase the payout ratio to a potentially unsustainable range.
공고 • Jun 20MTI Ltd. Appoints Masahiko Ogata as Head of Group Information Security Promotion Office, Effective July 1, 2026MTI Ltd. announced at a meeting of the Board of Directors held on June 19, 2026, that the following changes in officers were decided. Masahiko Ogata was appointed as Executive Officer Head of ICT Office and Head of Group Information Security Promotion Office, effective July 1, 2026. Masahiko Ogata previously served as Head of ICT Office.
분석 기사 • May 19We Think That There Are Issues Underlying MTI's (TSE:9438) EarningsMTI Ltd. ( TSE:9438 ) announced strong profits, but the stock was stagnant. Our analysis suggests that shareholders...
Reported Earnings • May 13Second quarter 2026 earnings released: EPS: JP¥22.70 (vs JP¥21.16 in 2Q 2025)Second quarter 2026 results: EPS: JP¥22.70 (up from JP¥21.16 in 2Q 2025). Revenue: JP¥7.89b (up 3.7% from 2Q 2025). Net income: JP¥1.26b (up 7.9% from 2Q 2025). Profit margin: 16% (in line with 2Q 2025). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 15 June 2026. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%).
공고 • Feb 13MTI Ltd. to Report Q2, 2026 Results on May 12, 2026MTI Ltd. announced that they will report Q2, 2026 results on May 12, 2026
Reported Earnings • Feb 10First quarter 2026 earnings released: EPS: JP¥10.87 (vs JP¥10.70 in 1Q 2025)First quarter 2026 results: EPS: JP¥10.87 (up from JP¥10.70 in 1Q 2025). Revenue: JP¥7.77b (up 6.9% from 1Q 2025). Net income: JP¥603.0m (up 2.4% from 1Q 2025). Profit margin: 7.8% (down from 8.1% in 1Q 2025). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
공고 • Jan 24PLAY, inc. agreed to acquire Video Market Corporation from MTI Ltd. (TSE:9438).PLAY, inc. agreed to acquire Video Market Corporation from MTI Ltd. (TSE:9438) on January 23, 2026. For the period ending September 30, 2025, Video Market Corporation reported total revenue of ¥1.17 billion, operating loss of ¥155 million and net income of ¥100 million. As of September 30, 2025, Video Market Corporation reported total assets of ¥649 million and total common equity of ¥343 million. The expected completion of the transaction is February 6, 2026.
Declared Dividend • Jan 08Final dividend of JP¥10.00 announcedShareholders will receive a dividend of JP¥10.00. Ex-date: 30th March 2026 Payment date: 15th June 2026 Dividend yield will be 2.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 6.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 22% over the next 3 years. However, it would need to fall by 66% to increase the payout ratio to a potentially unsustainable range.
공고 • Dec 26MTI Ltd. to Report Q1, 2026 Results on Feb 09, 2026MTI Ltd. announced that they will report Q1, 2026 results on Feb 09, 2026
Reported Earnings • Dec 25Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥61.61 (up from JP¥43.03 in FY 2024). Revenue: JP¥29.9b (up 8.1% from FY 2024). Net income: JP¥3.40b (up 44% from FY 2024). Profit margin: 11% (up from 8.5% in FY 2024). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 50%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
분석 기사 • Nov 18MTI's (TSE:9438) Solid Profits Have Weak FundamentalsMTI Ltd. ( TSE:9438 ) just reported some strong earnings, and the market reacted accordingly with a healthy uplift in...
Reported Earnings • Nov 14Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥61.61 (up from JP¥43.03 in FY 2024). Revenue: JP¥29.9b (up 8.1% from FY 2024). Net income: JP¥3.40b (up 44% from FY 2024). Profit margin: 11% (up from 8.5% in FY 2024). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 50%. Revenue is forecast to grow 6.4% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
공고 • Nov 11MTI Ltd., Annual General Meeting, Dec 20, 2025MTI Ltd., Annual General Meeting, Dec 20, 2025.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥9.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 23 December 2025. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
분석 기사 • Aug 30MTI's (TSE:9438) Dividend Will Be ¥9.00MTI Ltd.'s ( TSE:9438 ) investors are due to receive a payment of ¥9.00 per share on 23rd of December. This makes the...
공고 • Aug 29MTI Ltd. to Report Fiscal Year 2025 Results on Nov 11, 2025MTI Ltd. announced that they will report fiscal year 2025 results on Nov 11, 2025
Board Change • Aug 21Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Outside Independent Director Yuzo Ishikawa was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
분석 기사 • Aug 13MTI (TSE:9438) Has Announced A Dividend Of ¥9.00The board of MTI Ltd. ( TSE:9438 ) has announced that it will pay a dividend on the 23rd of December, with investors...
Reported Earnings • Aug 09Third quarter 2025 earnings released: EPS: JP¥5.49 (vs JP¥12.47 in 3Q 2024)Third quarter 2025 results: EPS: JP¥5.49 (down from JP¥12.47 in 3Q 2024). Revenue: JP¥7.42b (up 5.7% from 3Q 2024). Net income: JP¥304.0m (down 56% from 3Q 2024). Profit margin: 4.1% (down from 9.8% in 3Q 2024). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
분석 기사 • Jul 17MTI (TSE:9438) Has Affirmed Its Dividend Of ¥9.00MTI Ltd. ( TSE:9438 ) has announced that it will pay a dividend of ¥9.00 per share on the 23rd of December. Based on...
분석 기사 • Jun 15MTI (TSE:9438) Has Affirmed Its Dividend Of ¥9.00MTI Ltd.'s ( TSE:9438 ) investors are due to receive a payment of ¥9.00 per share on 23rd of December. The dividend...
Declared Dividend • Jun 14First half dividend of JP¥9.00 announcedDividend of JP¥9.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 23rd December 2025 Dividend yield will be 2.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 6.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 18% over the next 3 years. However, it would need to fall by 57% to increase the payout ratio to a potentially unsustainable range.
공고 • May 21MTI Ltd. to Report Q3, 2025 Results on Aug 08, 2025MTI Ltd. announced that they will report Q3, 2025 results on Aug 08, 2025
Reported Earnings • May 15Second quarter 2025 earnings released: EPS: JP¥21.16 (vs JP¥16.91 in 2Q 2024)Second quarter 2025 results: EPS: JP¥21.16 (up from JP¥16.91 in 2Q 2024). Revenue: JP¥7.61b (up 11% from 2Q 2024). Net income: JP¥1.17b (up 26% from 2Q 2024). Profit margin: 15% (up from 14% in 2Q 2024). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
분석 기사 • Apr 08MTI Ltd.'s (TSE:9438) Shareholders Might Be Looking For ExitMTI Ltd.'s ( TSE:9438 ) price-to-earnings (or "P/E") ratio of 17.2x might make it look like a strong sell right now...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥9.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 16 June 2025. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%).
공고 • Mar 05MTI Ltd. announced that it has received ¥200.0894 million in fundingOn March 3, 2025, MTI Ltd. closed the transaction.
Valuation Update With 7 Day Price Move • Feb 27Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥828, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 102% over the past three years.
공고 • Feb 22MTI Ltd. to Report Q2, 2025 Results on May 13, 2025MTI Ltd. announced that they will report Q2, 2025 results at 3:00 PM, Tokyo Standard Time on May 13, 2025
공고 • Feb 14MTI Ltd. announced that it expects to receive ¥200.0894 million in fundingMTI Ltd announced a private placemen to issue 183,400 shares at an issue price of ¥1,901 per share for gross proceeds of ¥200,089,400 on February 12, 2025. The transaction will include participation from new investor Hiro Ichinokura. The transaction has been approved by shareholders of company and is expected to close on March 5, 2025. The company has disclosed the issue expenses of ¥1,300,000 and net proceeds of ¥198,789,400.
Reported Earnings • Feb 14First quarter 2025 earnings released: EPS: JP¥10.69 (vs JP¥11.48 in 1Q 2024)First quarter 2025 results: EPS: JP¥10.69 (down from JP¥11.48 in 1Q 2024). Revenue: JP¥7.27b (up 9.8% from 1Q 2024). Net income: JP¥589.0m (down 6.5% from 1Q 2024). Profit margin: 8.1% (down from 9.5% in 1Q 2024). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
공고 • Feb 12MTI Ltd. Provides Earnings Guidance for the Full Year Ending September 30, 2025MTI Ltd. provided earnings guidance for the full year ending September 30, 2025. For the full year, the company now expects net sales of JPY 28,500 million, operating income to be JPY 2,800 million to JPY 3,200 million, profit attributable to owners of parent in the range of JPY 2,050 million to JPY 2,330 million, net income per share in the range of JPY 37.20 to JPY 42.28.
New Risk • Jan 29New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
Declared Dividend • Jan 06Final dividend of JP¥9.00 announcedShareholders will receive a dividend of JP¥9.00. Ex-date: 28th March 2025 Payment date: 16th June 2025 Dividend yield will be 1.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
분석 기사 • Dec 30We Think That There Are Issues Underlying MTI's (TSE:9438) EarningsDespite posting some strong earnings, the market for MTI Ltd.'s ( TSE:9438 ) stock hasn't moved much. We did some...
Board Change • Dec 29Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Outside Director Hideaki Wada was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Dec 28Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥43.03 (up from JP¥13.73 in FY 2023). Revenue: JP¥27.7b (up 3.3% from FY 2023). Net income: JP¥2.36b (up 214% from FY 2023). Profit margin: 8.5% (up from 2.8% in FY 2023). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.6%. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
공고 • Dec 27MTI Ltd. to Report Q1, 2025 Results on Feb 07, 2025MTI Ltd. announced that they will report Q1, 2025 results at 3:00 PM, Tokyo Standard Time on Feb 07, 2025
공고 • Nov 09MTI Ltd. Approves Cash Dividend, Payable on December 23, 2024MTI Ltd. announced that the Board of Directors of the Company resolved to pay a dividend of ¥9 per share from surplus with September 30, 2024 as the record date at its meeting held on November 7, 2024. Effective date is December 23, 2024. For the fiscal year ended September 30, 2024, the year-end dividend per share was initially forecasted to be ¥8. However, given the substantial increase in full-year consolidated profits compared to the previous year and policy to target a total shareholder return ratio of approximately 35% over the medium term, the company have decided to raise the dividend to ¥9. As a result, the annual dividend per share for the fiscal year is expected to be ¥17, an increase of ¥1 from the previous year, with a total shareholder return ratio of 39.7% for the fiscal year.
공고 • Nov 07MTI Ltd., Annual General Meeting, Dec 21, 2024MTI Ltd., Annual General Meeting, Dec 21, 2024.
공고 • Sep 19MTI Ltd. to Transfer It Services Business for Sports and Exercise to Climb Factory Co., LtdMTI Ltd. announced that a meeting of the Board of Directors of the Company held on September 19, 2024, company resolved to transfer IT services business for sports and exercise (hereinafter referred to as the "CLIMB Factory Business") to Climb Factory Co. Ltd. (hereinafter referred to as "Climb Factory") through a company split (simplified absorption-type company split), effective November 1, 2024 (hereinafter referred to as the "Company Split "). Since the Company Split qualifies as a simplified absorption-type company split under Article 796, Paragraph 2 of the Companies Act, and therefore, some disclosure items and details have been omitted. 1. Purpose of the Company Split CLIMB Factory Business has been providing IT services for the sports and exercise sector. However, as focus on healthcare and school DX initiatives, have decided to transfer this business to Climb Factory to optimize the allocation of management resources within group. Summary of the Company Split (1) Schedule of the Company Split: September 19, 2024 as Resolution of the Board of Directors; September 19, 2024 as Date of the conclusion of the Company Split agreement; November 1, 2024 as Effective date of the Company Split (planned). (2) Method of the Company Split: The Company Split is an absorption-type (simplified adsorption-type) company split in which Climb Factory will be a succeeding company. (3) Allocation of shares associated with the Company Split: As consideration for this Company Split, Climb Factory, the successor company, is expected to pay JPY 5,530,000 to company. This amount has been determined based on the valuation results conducted by a third-party organization and through mutual agreement between both parties. Climb Factory, the successor company, will inherit the assets, liabilities, contractual positions, and other rights and obligations related to CLIMB Factory Business as specified in the absorption-type split agreement, effective on the date the Company Split takes effect.
분석 기사 • Aug 23MTI Ltd.'s (TSE:9438) Shares Climb 28% But Its Business Is Yet to Catch UpMTI Ltd. ( TSE:9438 ) shares have continued their recent momentum with a 28% gain in the last month alone. The last 30...
Buy Or Sell Opportunity • Aug 23Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 36% to JP¥1,068. The fair value is estimated to be JP¥883, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to decline by 10% in the next 2 years.
분석 기사 • Aug 09Estimating The Intrinsic Value Of MTI Ltd. (TSE:9438)Key Insights Using the 2 Stage Free Cash Flow to Equity, MTI fair value estimate is JP¥883 MTI's JP¥999 share price...
공고 • Aug 09MTI Ltd. to Report Fiscal Year 2024 Results on Nov 07, 2024MTI Ltd. announced that they will report fiscal year 2024 results on Nov 07, 2024
Reported Earnings • Aug 09Third quarter 2024 earnings released: EPS: JP¥12.47 (vs JP¥14.97 in 3Q 2023)Third quarter 2024 results: EPS: JP¥12.47 (down from JP¥14.97 in 3Q 2023). Revenue: JP¥7.02b (up 7.9% from 3Q 2023). Net income: JP¥685.0m (down 17% from 3Q 2023). Profit margin: 9.8% (down from 13% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥711, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 18x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 2.2% over the past three years.
분석 기사 • Jul 24Is MTI (TSE:9438) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
분석 기사 • Jun 20Optimistic Investors Push MTI Ltd. (TSE:9438) Shares Up 27% But Growth Is LackingMTI Ltd. ( TSE:9438 ) shareholders would be excited to see that the share price has had a great month, posting a 27...
New Risk • Jun 13New 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 5.5% 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 16% 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. Share price has been volatile over the past 3 months (5.5% average weekly change). Large one-off items impacting financial results.
공고 • Jun 02MTI Ltd. to Report Q3, 2024 Results on Aug 06, 2024MTI Ltd. announced that they will report Q3, 2024 results on Aug 06, 2024
Valuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥842, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 21x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 28% over the past three years.
분석 기사 • May 22MTI's (TSE:9438) Shareholders May Want To Dig Deeper Than Statutory ProfitThe market shrugged off MTI Ltd.'s ( TSE:9438 ) solid earnings report. Our analysis showed that there are some...
Reported Earnings • May 11Second quarter 2024 earnings released: EPS: JP¥19.19 (vs JP¥4.82 in 2Q 2023)Second quarter 2024 results: EPS: JP¥19.19 (up from JP¥4.82 in 2Q 2023). Revenue: JP¥6.89b (up 5.4% from 2Q 2023). Net income: JP¥1.05b (up 299% from 2Q 2023). Profit margin: 15% (up from 4.0% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
공고 • May 10+ 2 more updatesMTI Ltd. Revises Earnings Guidance for the First Half of March 31, 2024, and the Full Year Ending September 30, 2024MTI Ltd. revised earnings guidance for the first half of March 31, 2024, and the full year ending September 30, 2024. For the first half ended March 31, 2024, the company now net sales of ¥13,517 million against previous guidance of ¥13,000 million; Operating income of ¥1,052 million against previous guidance of ¥600 million; Profit attributable to owners of parent of ¥1,683 million against previous guidance of ¥1,240 million and net income per share of ¥30.68 against ¥22.60. The second quarter (cumulative) sales are expected to exceed the previous forecast due to increased sales in the healthcare business and corporate DX support business, among others. Consequently, operating profit, ordinary profit, and profit attributable to owners of parent are expected to significantly exceed the previous forecast.For the year ending September 30, 2024, the company now the net sales of ¥27,000 million against previous guidance of ¥27,000 million; Operating income of ¥1,800 million against previous guidance of ¥1,000 million; Profit attributable to owners of parent of ¥1,750 million against previous guidance of ¥1,340 million and net income per share of ¥31.90 against ¥24.43. While the full-year sales forecast remains unchanged, will revise upwards forecasts for operating income, ordinary income, and profit attributable to owners of parent. This decision is based on the significant outperformance of the second quarter (cumulative) and the steady expansion of the number of schools introducing our school DX business.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 17 June 2024. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.5%).
분석 기사 • Feb 29MTI Ltd.'s (TSE:9438) 27% Share Price Surge Not Quite Adding UpMTI Ltd. ( TSE:9438 ) shareholders have had their patience rewarded with a 27% share price jump in the last month...
공고 • Feb 14MTI Ltd. to Report Q2, 2024 Results on May 09, 2024MTI Ltd. announced that they will report Q2, 2024 results on May 09, 2024
Valuation Update With 7 Day Price Move • Feb 14Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥761, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 26x in the Interactive Media and Services industry in Japan. Total loss to shareholders of 2.8% over the past three years.
Reported Earnings • Feb 09First quarter 2024 earnings released: EPS: JP¥11.48 (vs JP¥10.76 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥11.48 (up from JP¥10.76 loss in 1Q 2023). Revenue: JP¥6.63b (down 6.6% from 1Q 2023). Net income: JP¥630.0m (up JP¥1.22b from 1Q 2023). Profit margin: 9.5% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Board Change • Feb 06Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 4 highly experienced directors. Independent Outside Director Hideaki Wada 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.
Reported Earnings • Dec 28Full year 2023 earnings released: EPS: JP¥13.73 (vs JP¥16.98 loss in FY 2022)Full year 2023 results: EPS: JP¥13.73 (up from JP¥16.98 loss in FY 2022). Revenue: JP¥26.8b (up 1.2% from FY 2022). Net income: JP¥753.0m (up JP¥1.68b from FY 2022). Profit margin: 2.8% (up from net loss in FY 2022). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
공고 • Dec 26MTI Ltd. to Report Q1, 2024 Results on Feb 07, 2024MTI Ltd. announced that they will report Q1, 2024 results on Feb 07, 2024
공고 • Nov 11MTI Ltd., Annual General Meeting, Dec 23, 2023MTI Ltd., Annual General Meeting, Dec 23, 2023.
Reported Earnings • Nov 09Full year 2023 earnings released: EPS: JP¥13.73 (vs JP¥16.98 loss in FY 2022)Full year 2023 results: EPS: JP¥13.73 (up from JP¥16.98 loss in FY 2022). Revenue: JP¥26.8b (up 1.2% from FY 2022). Net income: JP¥753.0m (up JP¥1.68b from FY 2022). Profit margin: 2.8% (up from net loss in FY 2022). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥8.00 per share at 2.7% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 26 December 2023. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).
공고 • Aug 19MTI Ltd. to Report Fiscal Year 2023 Results on Nov 08, 2023MTI Ltd. announced that they will report fiscal year 2023 results on Nov 08, 2023
Reported Earnings • Aug 09Third quarter 2023 earnings released: EPS: JP¥14.97 (vs JP¥3.85 loss in 3Q 2022)Third quarter 2023 results: EPS: JP¥14.97 (up from JP¥3.85 loss in 3Q 2022). Revenue: JP¥6.50b (up 1.9% from 3Q 2022). Net income: JP¥821.0m (up JP¥1.03b from 3Q 2022). Profit margin: 13% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 13Second quarter 2023 earnings released: EPS: JP¥4.82 (vs JP¥2.36 loss in 2Q 2022)Second quarter 2023 results: EPS: JP¥4.82 (up from JP¥2.36 loss in 2Q 2022). Revenue: JP¥6.53b (up 1.7% from 2Q 2022). Net income: JP¥264.0m (up JP¥393.0m from 2Q 2022). Profit margin: 4.0% (up from net loss in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.
공고 • May 12+ 2 more updatesMti Ltd. Provides Earnings Guidance for the Fiscal Year Ending September 30, 2023MTI Ltd. provided earnings guidance for the fiscal year ending September 30, 2023. For the period, the company expects net sales to be JPY 26,800 million, operating income to be JPY 200 million, ordinary income to be JPY 400 million, loss attributable to owners of parent to be JPY 400 million, net loss per share to be JPY 7.29.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥8.00 per share at 2.7% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 19 June 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
공고 • Feb 14MTI Ltd. to Report Q2, 2023 Results on May 11, 2023MTI Ltd. announced that they will report Q2, 2023 results on May 11, 2023
Reported Earnings • Feb 12First quarter 2023 earnings released: JP¥10.76 loss per share (vs JP¥4.60 profit in 1Q 2022)First quarter 2023 results: JP¥10.76 loss per share (down from JP¥4.60 profit in 1Q 2022). Revenue: JP¥7.08b (up 8.1% from 1Q 2022). Net loss: JP¥590.0m (down 334% from profit in 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.
공고 • Feb 08+ 1 more updateMTI Ltd. Provides Dividend Guidance for the Second Quarter and Full Year of Fiscal Year Ending September 30, 2023MTI Ltd. provided dividend guidance for the second quarter and full year of fiscal year ending September 30, 2023. For the second quarter, the company expects to pay dividend of JPY 8.00 per share.For the full year, the company expects to pay dividend of JPY 8.00 per share.
Reported Earnings • Dec 28Full year 2022 earnings released: JP¥16.98 loss per share (vs JP¥21.28 loss in FY 2021)Full year 2022 results: JP¥16.98 loss per share (improved from JP¥21.28 loss in FY 2021). Revenue: JP¥26.5b (up 2.9% from FY 2021). Net loss: JP¥930.0m (loss narrowed 20% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
공고 • Dec 02MTI Ltd. to Report Q1, 2023 Results on Feb 08, 2023MTI Ltd. announced that they will report Q1, 2023 results on Feb 08, 2023
Board Change • Nov 16Less than half of directors are independentThere 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. 11 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Independent Outside Director Ryosuke Tsuchiya was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 11Full year 2022 earnings released: JP¥16.98 loss per share (vs JP¥21.28 loss in FY 2021)Full year 2022 results: JP¥16.98 loss per share (improved from JP¥21.28 loss in FY 2021). Revenue: JP¥26.5b (up 2.9% from FY 2021). Net loss: JP¥930.0m (loss narrowed 20% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
공고 • Nov 10+ 1 more updateMTI Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Year of the Fiscal Year Ending September 30, 2023MTI Ltd. provided consolidated earnings guidance for the first half and full year of the fiscal year ending September 30, 2023. For the first half, the company expects net sales to be JPY 12,700 million. Operating income to be JPY 200 million. Loss attributable to owners of parent to be JPY 740 million. Net loss per share to be JPY 13.55. For the full year, the company expects net sales to be JPY 26,000 million. Operating income to be JPY 800 million. Loss attributable to owners of parent to be JPY 600 million. Net loss per share to be JPY 10.99.
공고 • Oct 05MTI Ltd., Annual General Meeting, Dec 24, 2022MTI Ltd., Annual General Meeting, Dec 24, 2022.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 20 December 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%).
공고 • Aug 19MTI Ltd. to Report Fiscal Year 2022 Results on Nov 10, 2022MTI Ltd. announced that they will report fiscal year 2022 results on Nov 10, 2022
Reported Earnings • Aug 07Third quarter 2022 earnings released: JP¥3.85 loss per share (vs JP¥5.88 profit in 3Q 2021)Third quarter 2022 results: JP¥3.85 loss per share (down from JP¥5.88 profit in 3Q 2021). Revenue: JP¥6.38b (down 1.2% from 3Q 2021). Net loss: JP¥211.0m (down 166% from profit in 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
공고 • Aug 06+ 1 more updateMTI Ltd. Provides Dividend Guidance for the Fiscal Year Ending September 30, 2022MTI Ltd. provided expects dividend of JPY 8.00 per share for the Fiscal year ending September 30, 2022.
공고 • May 26MTI Ltd. to Report Q3, 2022 Results on Aug 05, 2022MTI Ltd. announced that they will report Q3, 2022 results on Aug 05, 2022