View Future GrowthGaiaxLtd 과거 순이익 실적과거 기준 점검 2/6GaiaxLtd은 연평균 46.7%의 비율로 수입이 증가해 온 반면, IT 산업은 수입이 11.8% 증가했습니다. 매출은 연평균 12.6%의 비율로 증가했습니다. GaiaxLtd의 자기자본이익률은 18.7%이고 순이익률은 6.9%입니다.핵심 정보46.73%순이익 성장률46.71%주당순이익(EPS) 성장률IT 산업 성장률14.26%매출 성장률12.65%자기자본이익률18.70%순이익률6.88%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • Feb 16Full year 2025 earnings released: EPS: JP¥42.72 (vs JP¥56.05 in FY 2024)Full year 2025 results: EPS: JP¥42.72 (down from JP¥56.05 in FY 2024). Revenue: JP¥3.50b (up 3.8% from FY 2024). Net income: JP¥218.0m (down 24% from FY 2024). Profit margin: 6.2% (down from 8.5% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 05Full year 2024 earnings released: EPS: JP¥56.05 (vs JP¥54.68 in FY 2023)Full year 2024 results: EPS: JP¥56.05 (up from JP¥54.68 in FY 2023). Revenue: JP¥3.37b (up 24% from FY 2023). Net income: JP¥286.0m (up 2.5% from FY 2023). Profit margin: 8.5% (down from 10% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: JP¥97.01 (vs JP¥2.74 in 3Q 2023)Third quarter 2024 results: EPS: JP¥97.01 (up from JP¥2.74 in 3Q 2023). Revenue: JP¥1.18b (up 86% from 3Q 2023). Net income: JP¥495.0m (up JP¥481.0m from 3Q 2023). Profit margin: 42% (up from 2.2% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 15First quarter 2024 earnings released: EPS: JP¥1.76 (vs JP¥6.47 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥1.76 (up from JP¥6.47 loss in 1Q 2023). Revenue: JP¥767.0m (up 27% from 1Q 2023). Net income: JP¥9.00m (up JP¥42.0m from 1Q 2023). Profit margin: 1.2% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.공시 • Feb 16Gaiax Co.Ltd. to Report Fiscal Year 2021 Results on Feb 15, 2022Gaiax Co.Ltd. announced that they will report fiscal year 2021 results on Feb 15, 2022공시 • Feb 13Gaiax Co.Ltd. to Report Fiscal Year 2020 Results on Feb 15, 2021Gaiax Co.Ltd. announced that they will report fiscal year 2020 results on Feb 15, 2021모든 업데이트 보기Recent updates공시 • Mar 17Gaiax Co.Ltd., Annual General Meeting, Mar 27, 2026Gaiax Co.Ltd., Annual General Meeting, Mar 27, 2026, at 10:00 Tokyo Standard Time. Location: ja kyosai building 1f, 2-7-9 hirakawacho, chiyoda-ku, tokyo ja kyosai building conference hall, tokyo JapanBuy Or Sell Opportunity • Mar 09Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to JP¥379. The fair value is estimated to be JP¥487, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable.Reported Earnings • Feb 16Full year 2025 earnings released: EPS: JP¥42.72 (vs JP¥56.05 in FY 2024)Full year 2025 results: EPS: JP¥42.72 (down from JP¥56.05 in FY 2024). Revenue: JP¥3.50b (up 3.8% from FY 2024). Net income: JP¥218.0m (down 24% from FY 2024). Profit margin: 6.2% (down from 8.5% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥346, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 15x in the IT industry in Japan. Total loss to shareholders of 26% over the past three years.Reported Earnings • Apr 05Full year 2024 earnings released: EPS: JP¥56.05 (vs JP¥54.68 in FY 2023)Full year 2024 results: EPS: JP¥56.05 (up from JP¥54.68 in FY 2023). Revenue: JP¥3.37b (up 24% from FY 2023). Net income: JP¥286.0m (up 2.5% from FY 2023). Profit margin: 8.5% (down from 10% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Jan 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥676, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 39% over the past three years.Upcoming Dividend • Dec 20Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 14 March 2025. Payout ratio is a comfortable 4.3% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.4%).Valuation Update With 7 Day Price Move • Dec 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥897, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 101% over the past three years.Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: JP¥97.01 (vs JP¥2.74 in 3Q 2023)Third quarter 2024 results: EPS: JP¥97.01 (up from JP¥2.74 in 3Q 2023). Revenue: JP¥1.18b (up 86% from 3Q 2023). Net income: JP¥495.0m (up JP¥481.0m from 3Q 2023). Profit margin: 42% (up from 2.2% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥724, the stock trades at a trailing P/E ratio of 33.6x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 21% over the past three years.New Risk • Sep 17New 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 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Market cap is less than US$100m (JP¥3.55b market cap, or US$25.2m).Valuation Update With 7 Day Price Move • Sep 10Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥640, the stock trades at a trailing P/E ratio of 29.7x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 15% over the past three years.Valuation Update With 7 Day Price Move • Aug 14Investor sentiment improves as stock rises 34%After last week's 34% share price gain to JP¥417, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 16x in the IT industry in Japan. Total loss to shareholders of 30% over the past three years.New Risk • Jun 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (JP¥2.36b market cap, or US$14.7m).Reported Earnings • May 15First quarter 2024 earnings released: EPS: JP¥1.76 (vs JP¥6.47 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥1.76 (up from JP¥6.47 loss in 1Q 2023). Revenue: JP¥767.0m (up 27% from 1Q 2023). Net income: JP¥9.00m (up JP¥42.0m from 1Q 2023). Profit margin: 1.2% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.공시 • Feb 15Gaiax Co.Ltd. (NSE:3775) agreed to acquire Snapmart Inc from PIXTA Inc. (TSE:3416) for ¥10 million.Gaiax Co.Ltd. (NSE:3775) agreed to acquire Snapmart Inc from PIXTA Inc. (TSE:3416) for ¥10 million on February 14, 2023. Gaiax Co.Ltd. (NSE:3775) will acquire 1000 shares of Snapmart Inc. As of Snapmart Inc Reported Net liabilities of ¥48 million, Total Assets worth ¥53 million, Turnover of ¥118 million, Operating loss of ¥21 million and Net Loss of ¥21 million in fiscal year ending 2022.공시 • Dec 13Gaiax Co.Ltd. announced that it expects to receive ¥99.9719 million in funding from Sanwa System Co.,Ltd., F&M Co.,Ltd. and other investorGaiax Co.Ltd. announced a private placement to issue not more than 189,700 common shares at an issue price of ¥527 per share for an aggregate gross proceeds of not more than ¥99,971,900 on December 12, 2022. The transaction will include participation from F&M Co.,Ltd. for 56,900 shares, Sanwa System Co.,Ltd. for 56,900 shares and individual investor, Yuji Ueda for 75,900 shares. The transaction has been approved by the shareholders meeting. The expected closing date is December 27, 2022.공시 • Feb 16Gaiax Co.Ltd. to Report Fiscal Year 2021 Results on Feb 15, 2022Gaiax Co.Ltd. announced that they will report fiscal year 2021 results on Feb 15, 2022공시 • Jun 02Gaiax Co.Ltd. (NSE:3775) acquired GENIC LAB Co., Ltd.Gaiax Co.Ltd. (NSE:3775) acquired GENIC LAB Co., Ltd. on June 1, 2021. GENIC LAB will operate as a wholly owned subsidiary of Gaiax Co. Gaiax Co.Ltd. (NSE:3775) completed the acquisition of GENIC LAB Co., Ltd. on June 1, 2021.공시 • Feb 20EDGE Co., Ltd. agreed to acquire 65.55% stake in EDGE, inc. from Gaiax Co.Ltd. (NSE:3775) for approximately ¥120 million.EDGE Co., Ltd. agreed to acquire 65.55% stake in EDGE, inc. from Gaiax Co.Ltd. (NSE:3775) for approximately ¥120 million on February 19, 2021. Under the terms, 0.065 million shares of EDGE, inc. will be acquired. EDGE, Inc. reported total assets of ¥1.694 billion, total assets of ¥40.23 million, ordinary profit of ¥15.882 million, net income of ¥15.812 million and net assets of ¥378.491 as of December 31, 2020. The transaction is expected to complete on March 1, 2021.공시 • Feb 13Gaiax Co.Ltd. to Report Fiscal Year 2020 Results on Feb 15, 2021Gaiax Co.Ltd. announced that they will report fiscal year 2020 results on Feb 15, 2021공시 • Jul 30Gaiax Co.Ltd. (NSE:3775) acquired an unknown minority stake in LocoTabi Inc.Gaiax Co.Ltd. (NSE:3775) acquired an unknown minority stake in LocoTabi Inc. on June 8, 2020. Gaiax Co.Ltd. (NSE:3775) completed the acquisition of an unknown minority stake in LocoTabi Inc. on June 8, 2020.공시 • Jun 20Gaiax Co.Ltd. (NSE:3775) entered into an agreement to acquire additional 38.44% minority stake in LocoTabi Inc. from Yutaka Shiiya.Gaiax Co.Ltd. (NSE:3775) entered into an agreement to acquire additional 38.44% stake in LocoTabi Inc. from Yutaka Shiiya on June 19, 2020. Under the terms, Gaiax Co.Ltd will acquire 21,851 shares. Post completion, LocoTabi will become a consolidated subsidiary of Gaiax Co by holding 50.002% stake. For the period ending November 2019, LocoTabi reported sales of ¥97.3 million, operating profit of ¥56.2 million and net income of ¥59.3 million. As at November 2019, it had total assets of ¥52.4 million. As on July 19, 2020, Board of Gaiax Co resolved this transaction. This deal is expected to close on July 1, 2020.매출 및 비용 세부 내역GaiaxLtd가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이NSE:3775 매출, 비용 및 순이익 (JPY Millions)날짜매출순이익일반관리비연구개발비31 Mar 263,5462442,000031 Dec 253,4982181,964030 Sep 253,391-511,907030 Jun 253,8164201,902031 Mar 253,4792921,885031 Dec 243,3702861,841030 Sep 243,3835911,745030 Jun 242,8381101,685031 Mar 242,8813211,664031 Dec 232,7172791,642030 Sep 232,558-1981,716030 Jun 232,475-3261,789031 Mar 232,639-3081,795031 Dec 222,597-3411,828030 Sep 222,748951,814030 Jun 222,6821161,740031 Mar 222,277-2021,696031 Dec 212,196-301,631030 Sep 211,865-2791,569030 Jun 211,816-3221,484031 Mar 212,058-441,447031 Dec 202,4451541,449030 Sep 202,5942671,401030 Jun 202,6323371,448031 Mar 202,404861,456031 Dec 192,015-2921,438030 Sep 191,843-3901,431030 Jun 191,853-3951,409031 Mar 192,170-1311,394031 Dec 182,6633691,383030 Sep 183,3575151,689030 Jun 184,4643782,014031 Mar 185,206-552,373031 Dec 175,981-6542,714030 Sep 176,686-8852,755030 Jun 176,535-9382,800031 Mar 176,151-8072,616031 Dec 165,728-7002,433030 Sep 165,669-1762,233030 Jun 165,394361,948031 Mar 165,3501671,823031 Dec 155,2142621,698030 Sep 154,594101,560030 Jun 154,559901,4770양질의 수익: 3775는 고품질 수익을 보유하고 있습니다.이익 마진 증가: 3775의 현재 순 이익률 (6.9%)은 지난해 (8.4%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 3775는 지난 5년 동안 흑자전환하며 연평균 46.7%의 수익 성장을 기록했습니다.성장 가속화: 3775은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: 3775은 지난 1년 동안 수익이 감소(-16.4%)하여 IT 업계 평균(14%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: 3775의 자본 수익률(18.7%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YSoftware 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 16:55종가2026/05/21 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Gaiax Co.Ltd.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • Feb 16Full year 2025 earnings released: EPS: JP¥42.72 (vs JP¥56.05 in FY 2024)Full year 2025 results: EPS: JP¥42.72 (down from JP¥56.05 in FY 2024). Revenue: JP¥3.50b (up 3.8% from FY 2024). Net income: JP¥218.0m (down 24% from FY 2024). Profit margin: 6.2% (down from 8.5% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 05Full year 2024 earnings released: EPS: JP¥56.05 (vs JP¥54.68 in FY 2023)Full year 2024 results: EPS: JP¥56.05 (up from JP¥54.68 in FY 2023). Revenue: JP¥3.37b (up 24% from FY 2023). Net income: JP¥286.0m (up 2.5% from FY 2023). Profit margin: 8.5% (down from 10% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: JP¥97.01 (vs JP¥2.74 in 3Q 2023)Third quarter 2024 results: EPS: JP¥97.01 (up from JP¥2.74 in 3Q 2023). Revenue: JP¥1.18b (up 86% from 3Q 2023). Net income: JP¥495.0m (up JP¥481.0m from 3Q 2023). Profit margin: 42% (up from 2.2% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 15First quarter 2024 earnings released: EPS: JP¥1.76 (vs JP¥6.47 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥1.76 (up from JP¥6.47 loss in 1Q 2023). Revenue: JP¥767.0m (up 27% from 1Q 2023). Net income: JP¥9.00m (up JP¥42.0m from 1Q 2023). Profit margin: 1.2% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
공시 • Feb 16Gaiax Co.Ltd. to Report Fiscal Year 2021 Results on Feb 15, 2022Gaiax Co.Ltd. announced that they will report fiscal year 2021 results on Feb 15, 2022
공시 • Feb 13Gaiax Co.Ltd. to Report Fiscal Year 2020 Results on Feb 15, 2021Gaiax Co.Ltd. announced that they will report fiscal year 2020 results on Feb 15, 2021
공시 • Mar 17Gaiax Co.Ltd., Annual General Meeting, Mar 27, 2026Gaiax Co.Ltd., Annual General Meeting, Mar 27, 2026, at 10:00 Tokyo Standard Time. Location: ja kyosai building 1f, 2-7-9 hirakawacho, chiyoda-ku, tokyo ja kyosai building conference hall, tokyo Japan
Buy Or Sell Opportunity • Mar 09Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to JP¥379. The fair value is estimated to be JP¥487, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable.
Reported Earnings • Feb 16Full year 2025 earnings released: EPS: JP¥42.72 (vs JP¥56.05 in FY 2024)Full year 2025 results: EPS: JP¥42.72 (down from JP¥56.05 in FY 2024). Revenue: JP¥3.50b (up 3.8% from FY 2024). Net income: JP¥218.0m (down 24% from FY 2024). Profit margin: 6.2% (down from 8.5% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥346, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 15x in the IT industry in Japan. Total loss to shareholders of 26% over the past three years.
Reported Earnings • Apr 05Full year 2024 earnings released: EPS: JP¥56.05 (vs JP¥54.68 in FY 2023)Full year 2024 results: EPS: JP¥56.05 (up from JP¥54.68 in FY 2023). Revenue: JP¥3.37b (up 24% from FY 2023). Net income: JP¥286.0m (up 2.5% from FY 2023). Profit margin: 8.5% (down from 10% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Jan 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥676, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 39% over the past three years.
Upcoming Dividend • Dec 20Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 14 March 2025. Payout ratio is a comfortable 4.3% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.4%).
Valuation Update With 7 Day Price Move • Dec 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥897, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 101% over the past three years.
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: JP¥97.01 (vs JP¥2.74 in 3Q 2023)Third quarter 2024 results: EPS: JP¥97.01 (up from JP¥2.74 in 3Q 2023). Revenue: JP¥1.18b (up 86% from 3Q 2023). Net income: JP¥495.0m (up JP¥481.0m from 3Q 2023). Profit margin: 42% (up from 2.2% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥724, the stock trades at a trailing P/E ratio of 33.6x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 21% over the past three years.
New Risk • Sep 17New 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 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Market cap is less than US$100m (JP¥3.55b market cap, or US$25.2m).
Valuation Update With 7 Day Price Move • Sep 10Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥640, the stock trades at a trailing P/E ratio of 29.7x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 15% over the past three years.
Valuation Update With 7 Day Price Move • Aug 14Investor sentiment improves as stock rises 34%After last week's 34% share price gain to JP¥417, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 16x in the IT industry in Japan. Total loss to shareholders of 30% over the past three years.
New Risk • Jun 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (JP¥2.36b market cap, or US$14.7m).
Reported Earnings • May 15First quarter 2024 earnings released: EPS: JP¥1.76 (vs JP¥6.47 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥1.76 (up from JP¥6.47 loss in 1Q 2023). Revenue: JP¥767.0m (up 27% from 1Q 2023). Net income: JP¥9.00m (up JP¥42.0m from 1Q 2023). Profit margin: 1.2% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
공시 • Feb 15Gaiax Co.Ltd. (NSE:3775) agreed to acquire Snapmart Inc from PIXTA Inc. (TSE:3416) for ¥10 million.Gaiax Co.Ltd. (NSE:3775) agreed to acquire Snapmart Inc from PIXTA Inc. (TSE:3416) for ¥10 million on February 14, 2023. Gaiax Co.Ltd. (NSE:3775) will acquire 1000 shares of Snapmart Inc. As of Snapmart Inc Reported Net liabilities of ¥48 million, Total Assets worth ¥53 million, Turnover of ¥118 million, Operating loss of ¥21 million and Net Loss of ¥21 million in fiscal year ending 2022.
공시 • Dec 13Gaiax Co.Ltd. announced that it expects to receive ¥99.9719 million in funding from Sanwa System Co.,Ltd., F&M Co.,Ltd. and other investorGaiax Co.Ltd. announced a private placement to issue not more than 189,700 common shares at an issue price of ¥527 per share for an aggregate gross proceeds of not more than ¥99,971,900 on December 12, 2022. The transaction will include participation from F&M Co.,Ltd. for 56,900 shares, Sanwa System Co.,Ltd. for 56,900 shares and individual investor, Yuji Ueda for 75,900 shares. The transaction has been approved by the shareholders meeting. The expected closing date is December 27, 2022.
공시 • Feb 16Gaiax Co.Ltd. to Report Fiscal Year 2021 Results on Feb 15, 2022Gaiax Co.Ltd. announced that they will report fiscal year 2021 results on Feb 15, 2022
공시 • Jun 02Gaiax Co.Ltd. (NSE:3775) acquired GENIC LAB Co., Ltd.Gaiax Co.Ltd. (NSE:3775) acquired GENIC LAB Co., Ltd. on June 1, 2021. GENIC LAB will operate as a wholly owned subsidiary of Gaiax Co. Gaiax Co.Ltd. (NSE:3775) completed the acquisition of GENIC LAB Co., Ltd. on June 1, 2021.
공시 • Feb 20EDGE Co., Ltd. agreed to acquire 65.55% stake in EDGE, inc. from Gaiax Co.Ltd. (NSE:3775) for approximately ¥120 million.EDGE Co., Ltd. agreed to acquire 65.55% stake in EDGE, inc. from Gaiax Co.Ltd. (NSE:3775) for approximately ¥120 million on February 19, 2021. Under the terms, 0.065 million shares of EDGE, inc. will be acquired. EDGE, Inc. reported total assets of ¥1.694 billion, total assets of ¥40.23 million, ordinary profit of ¥15.882 million, net income of ¥15.812 million and net assets of ¥378.491 as of December 31, 2020. The transaction is expected to complete on March 1, 2021.
공시 • Feb 13Gaiax Co.Ltd. to Report Fiscal Year 2020 Results on Feb 15, 2021Gaiax Co.Ltd. announced that they will report fiscal year 2020 results on Feb 15, 2021
공시 • Jul 30Gaiax Co.Ltd. (NSE:3775) acquired an unknown minority stake in LocoTabi Inc.Gaiax Co.Ltd. (NSE:3775) acquired an unknown minority stake in LocoTabi Inc. on June 8, 2020. Gaiax Co.Ltd. (NSE:3775) completed the acquisition of an unknown minority stake in LocoTabi Inc. on June 8, 2020.
공시 • Jun 20Gaiax Co.Ltd. (NSE:3775) entered into an agreement to acquire additional 38.44% minority stake in LocoTabi Inc. from Yutaka Shiiya.Gaiax Co.Ltd. (NSE:3775) entered into an agreement to acquire additional 38.44% stake in LocoTabi Inc. from Yutaka Shiiya on June 19, 2020. Under the terms, Gaiax Co.Ltd will acquire 21,851 shares. Post completion, LocoTabi will become a consolidated subsidiary of Gaiax Co by holding 50.002% stake. For the period ending November 2019, LocoTabi reported sales of ¥97.3 million, operating profit of ¥56.2 million and net income of ¥59.3 million. As at November 2019, it had total assets of ¥52.4 million. As on July 19, 2020, Board of Gaiax Co resolved this transaction. This deal is expected to close on July 1, 2020.