View Future GrowthDawn 과거 순이익 실적과거 기준 점검 4/6Dawn은 연평균 13.2%의 비율로 수입이 증가해 온 반면, Software 산업은 수입이 12% 증가했습니다. 매출은 연평균 8.9%의 비율로 증가했습니다. Dawn의 자기자본이익률은 16.1%이고 순이익률은 27.5%입니다.핵심 정보13.23%순이익 성장률14.45%주당순이익(EPS) 성장률Software 산업 성장률12.13%매출 성장률8.88%자기자본이익률16.06%순이익률27.53%최근 순이익 업데이트28 Feb 2026최근 과거 실적 업데이트Reported Earnings • Apr 10Third quarter 2026 earnings released: EPS: JP¥50.11 (vs JP¥45.93 in 3Q 2025)Third quarter 2026 results: EPS: JP¥50.11 (up from JP¥45.93 in 3Q 2025). Revenue: JP¥444.0m (down 12% from 3Q 2025). Net income: JP¥152.0m (up 8.3% from 3Q 2025). Profit margin: 34% (up from 28% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 8% per year.Reported Earnings • Jan 09Second quarter 2026 earnings released: EPS: JP¥29.46 (vs JP¥16.90 in 2Q 2025)Second quarter 2026 results: EPS: JP¥29.46 (up from JP¥16.90 in 2Q 2025). Revenue: JP¥343.0m (up 23% from 2Q 2025). Net income: JP¥89.6m (up 72% from 2Q 2025). Profit margin: 26% (up from 19% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 14% per year.Reported Earnings • Oct 10First quarter 2026 earnings released: EPS: JP¥19.44 (vs JP¥22.46 in 1Q 2025)First quarter 2026 results: EPS: JP¥19.44 (down from JP¥22.46 in 1Q 2025). Revenue: JP¥303.0m (down 4.7% from 1Q 2025). Net income: JP¥59.0m (down 14% from 1Q 2025). Profit margin: 20% (down from 22% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.공지 • Jul 29+ 2 more updatesDawn Corp. to Report Q3, 2026 Results on Apr 09, 2026Dawn Corp. announced that they will report Q3, 2026 results on Apr 09, 2026Reported Earnings • Jul 14Full year 2025 earnings released: EPS: JP¥136 (vs JP¥125 in FY 2024)Full year 2025 results: EPS: JP¥136 (up from JP¥125 in FY 2024). Revenue: JP¥1.65b (up 9.7% from FY 2024). Net income: JP¥418.0m (up 7.7% from FY 2024). Profit margin: 25% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 11Third quarter 2025 earnings released: EPS: JP¥38.08 (vs JP¥37.94 in 3Q 2024)Third quarter 2025 results: EPS: JP¥38.08. Revenue: JP¥418.0m (up 1.2% from 3Q 2024). Net income: JP¥117.0m (flat on 3Q 2024). Profit margin: 28% (in line with 3Q 2024).모든 업데이트 보기Recent updatesReported Earnings • Apr 10Third quarter 2026 earnings released: EPS: JP¥50.11 (vs JP¥45.93 in 3Q 2025)Third quarter 2026 results: EPS: JP¥50.11 (up from JP¥45.93 in 3Q 2025). Revenue: JP¥444.0m (down 12% from 3Q 2025). Net income: JP¥152.0m (up 8.3% from 3Q 2025). Profit margin: 34% (up from 28% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 8% per year.Buy Or Sell Opportunity • Feb 27Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.7% to JP¥2,601. The fair value is estimated to be JP¥2,141, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 15%.Buy Or Sell Opportunity • Feb 09Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 7.3% to JP¥2,580. The fair value is estimated to be JP¥2,148, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 15%.Declared Dividend • Jan 10Dividend of JP¥26.00 announcedShareholders will receive a dividend of JP¥26.00. Ex-date: 28th May 2026 Payment date: 31st August 2026 Dividend yield will be 1.0%, which is lower than the industry average of 1.4%. Sustainability & GrowthReported Earnings • Jan 09Second quarter 2026 earnings released: EPS: JP¥29.46 (vs JP¥16.90 in 2Q 2025)Second quarter 2026 results: EPS: JP¥29.46 (up from JP¥16.90 in 2Q 2025). Revenue: JP¥343.0m (up 23% from 2Q 2025). Net income: JP¥89.6m (up 72% from 2Q 2025). Profit margin: 26% (up from 19% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 14% per year.공지 • Jan 08Dawn Corp. (TSE:2303) announces an Equity Buyback for 100,000 shares, representing 3.28% for ¥200 million.Dawn Corp. (TSE:2303) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 3.28% of its share capital, for ¥200 million. The purpose of the program is to returning profits to shareholders, improving capital efficiency, and implementing flexible capital policies according to the business environment. The repurchased shares will be used for restricted stock compensation. The program will expire on March 31, 2026. As of December 31, 2025, the company had 3,046,394 shares in issue (excluding treasury stock) and 253,606 shares in treasury.Buy Or Sell Opportunity • Jan 05Now 22% overvaluedThe stock has been flat over the last 90 days, currently trading at JP¥2,523. The fair value is estimated to be JP¥2,075, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 15%.Buy Or Sell Opportunity • Oct 15Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.5% to JP¥2,445. The fair value is estimated to be JP¥2,017, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 15%.Reported Earnings • Oct 10First quarter 2026 earnings released: EPS: JP¥19.44 (vs JP¥22.46 in 1Q 2025)First quarter 2026 results: EPS: JP¥19.44 (down from JP¥22.46 in 1Q 2025). Revenue: JP¥303.0m (down 4.7% from 1Q 2025). Net income: JP¥59.0m (down 14% from 1Q 2025). Profit margin: 20% (down from 22% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.공지 • Jul 29+ 2 more updatesDawn Corp. to Report Q3, 2026 Results on Apr 09, 2026Dawn Corp. announced that they will report Q3, 2026 results on Apr 09, 2026Reported Earnings • Jul 14Full year 2025 earnings released: EPS: JP¥136 (vs JP¥125 in FY 2024)Full year 2025 results: EPS: JP¥136 (up from JP¥125 in FY 2024). Revenue: JP¥1.65b (up 9.7% from FY 2024). Net income: JP¥418.0m (up 7.7% from FY 2024). Profit margin: 25% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.공지 • Jul 10+ 2 more updatesDawn Corp., Annual General Meeting, Aug 28, 2025Dawn Corp., Annual General Meeting, Aug 28, 2025.New Risk • Jul 09New 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 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.8% average weekly change). Market cap is less than US$100m (JP¥7.01b market cap, or US$47.7m).Upcoming Dividend • May 22Upcoming dividend of JP¥24.00 per shareEligible shareholders must have bought the stock before 29 May 2025. Payment date: 29 August 2025. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (4.0%). Lower than average of industry peers (1.5%).Buy Or Sell Opportunity • Apr 15Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.9% to JP¥2,087. The fair value is estimated to be JP¥2,650, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years. Earnings per share has grown by 16%.공지 • Apr 12Dawn Corp. Provides Dividend Guidance for the Fiscal Year Ending May 31, 2025Dawn Corp. announced dividend guidance for the fiscal year ending May 31, 2025. For the period, the company expects to pay dividend of JPY 24 per share against JPY 20 per share paid a year ago.Reported Earnings • Apr 11Third quarter 2025 earnings released: EPS: JP¥38.08 (vs JP¥37.94 in 3Q 2024)Third quarter 2025 results: EPS: JP¥38.08. Revenue: JP¥418.0m (up 1.2% from 3Q 2024). Net income: JP¥117.0m (flat on 3Q 2024). Profit margin: 28% (in line with 3Q 2024).분석 기사 • Apr 05Dawn (TSE:2303) Is Aiming To Keep Up Its Impressive ReturnsDid you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...Buy Or Sell Opportunity • Jan 16Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.5% to JP¥2,083. The fair value is estimated to be JP¥2,615, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Earnings per share has grown by 16%.Reported Earnings • Jan 12First half 2025 earnings released: EPS: JP¥44.93 (vs JP¥40.15 in 1H 2024)First half 2025 results: EPS: JP¥44.93 (up from JP¥40.15 in 1H 2024). Revenue: JP¥635.6m (up 15% from 1H 2024). Net income: JP¥138.1m (up 11% from 1H 2024). Profit margin: 22% (down from 23% in 1H 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Declared Dividend • Jan 11Dividend of JP¥22.00 announcedShareholders will receive a dividend of JP¥22.00. Ex-date: 29th May 2025 Payment date: 29th August 2025 Dividend yield will be 1.0%, which is lower than the industry average of 1.4%. Sustainability & Growth공지 • Jan 09+ 1 more updateDawn Corp. Announced Non-Consolidated Earnings Guidance for the Fiscal Year Ending May 31, 2025Dawn Corp. announced non-consolidated earnings guidance for the fiscal year ending May 31, 2025. For the period, the company expects net sales of JPY 1,580 million, operating profit of JPY 560 million, net income of JPY 395 million and basic earnings per share of JPY 128.63.Buy Or Sell Opportunity • Dec 19Now 23% undervaluedOver the last 90 days, the stock has risen 18% to JP¥2,410. The fair value is estimated to be JP¥3,133, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.6% over the last 3 years. Earnings per share has grown by 17%.New Risk • Dec 12New 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 5.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.2% average weekly change). Market cap is less than US$100m (JP¥7.41b market cap, or US$48.5m).공지 • Aug 16Dawn Corp. to Report Q1, 2025 Results on Oct 10, 2024Dawn Corp. announced that they will report Q1, 2025 results on Oct 10, 2024Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥1,711, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 20x in the Software industry in Japan. Total loss to shareholders of 27% over the past three years.Reported Earnings • Jul 16Full year 2024 earnings released: EPS: JP¥125 (vs JP¥101 in FY 2023)Full year 2024 results: EPS: JP¥125 (up from JP¥101 in FY 2023). Revenue: JP¥1.50b (up 9.6% from FY 2023). Net income: JP¥388.0m (up 21% from FY 2023). Profit margin: 26% (up from 24% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.공지 • Jul 12Dawn Corp., Annual General Meeting, Aug 28, 2024Dawn Corp., Annual General Meeting, Aug 28, 2024.Buy Or Sell Opportunity • Jul 08Now 20% undervaluedOver the last 90 days, the stock has risen 4.2% to JP¥2,117. The fair value is estimated to be JP¥2,656, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 14%.Upcoming Dividend • May 23Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 30 May 2024. Payment date: 30 August 2024. The average dividend yield among industry peers is 1.4%.공지 • May 03Dawn Corp. to Report Fiscal Year 2024 Results on Jul 11, 2024Dawn Corp. announced that they will report fiscal year 2024 results on Jul 11, 2024Reported Earnings • Apr 09Third quarter 2024 earnings released: EPS: JP¥37.94 (vs JP¥43.08 in 3Q 2023)Third quarter 2024 results: EPS: JP¥37.94 (down from JP¥43.08 in 3Q 2023). Revenue: JP¥413.0m (down 12% from 3Q 2023). Net income: JP¥118.0m (down 14% from 3Q 2023). Profit margin: 29% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.공지 • Jan 28Dawn Corp. to Report Q3, 2024 Results on Apr 08, 2024Dawn Corp. announced that they will report Q3, 2024 results on Apr 08, 2024Buying Opportunity • Jan 17Now 20% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be JP¥2,650, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 16%.Reported Earnings • Jan 13Second quarter 2024 earnings released: EPS: JP¥25.03 (vs JP¥14.66 in 2Q 2023)Second quarter 2024 results: EPS: JP¥25.03 (up from JP¥14.66 in 2Q 2023). Revenue: JP¥299.0m (up 22% from 2Q 2023). Net income: JP¥78.0m (up 66% from 2Q 2023). Profit margin: 26% (up from 19% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.공지 • Jan 11Dawn Corp. (TSE:2303) announces an Equity Buyback for 60,000 shares, representing 1.92% for ¥100 million.Dawn Corp. (TSE:2303) announces a share repurchase program. Under the program, the company will repurchase up to 60,000 shares, representing 1.92% of its share capital, for ¥100 million. The purpose of the program is to returning profits to shareholders, improving capital efficiency, and implementing flexible capital policies according to the business environment. The repurchased shares will be used for restricted stock compensation. The program will expire on March 31, 2024. As of December 31, 2023, the company had 3,120,032 shares in issue (excluding treasury stock) and 179,968 shares in treasury.Buying Opportunity • Dec 01Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 2.1%. The fair value is estimated to be JP¥2,421, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.9% over the last 3 years. Earnings per share has grown by 16%.공지 • Nov 01Dawn Corp. to Report Q2, 2024 Results on Jan 11, 2024Dawn Corp. announced that they will report Q2, 2024 results on Jan 11, 2024Reported Earnings • Oct 11First quarter 2024 earnings released: EPS: JP¥15.11 (vs JP¥14.67 in 1Q 2023)First quarter 2024 results: EPS: JP¥15.11 (up from JP¥14.67 in 1Q 2023). Revenue: JP¥252.0m (down 7.4% from 1Q 2023). Net income: JP¥47.0m (flat on 1Q 2023). Profit margin: 19% (up from 17% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Buying Opportunity • Oct 11Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be JP¥2,414, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 16%.Reported Earnings • Sep 05Full year 2023 earnings released: EPS: JP¥101 (vs JP¥88.37 in FY 2022)Full year 2023 results: EPS: JP¥101 (up from JP¥88.37 in FY 2022). Revenue: JP¥1.37b (up 12% from FY 2022). Net income: JP¥321.0m (up 13% from FY 2022). Profit margin: 24% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.공지 • Jul 30Dawn Corp. to Report Q1, 2024 Results on Oct 10, 2023Dawn Corp. announced that they will report Q1, 2024 results on Oct 10, 2023Reported Earnings • Jul 16Full year 2023 earnings released: EPS: JP¥101 (vs JP¥88.37 in FY 2022)Full year 2023 results: EPS: JP¥101 (up from JP¥88.37 in FY 2022). Revenue: JP¥1.37b (up 12% from FY 2022). Net income: JP¥321.0m (up 13% from FY 2022). Profit margin: 24% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.공지 • Jul 13Dawn Corp., Annual General Meeting, Aug 29, 2023Dawn Corp., Annual General Meeting, Aug 29, 2023.Upcoming Dividend • May 23Inaugural dividend of JP¥16.00 per shareEligible shareholders must have bought the stock before 30 May 2023. Payment date: 28 August 2023. This is the first dividend for Dawn since going public. The average dividend yield among industry peers is 1.6%.Reported Earnings • Apr 08Third quarter 2023 earnings released: EPS: JP¥43.08 (vs JP¥24.34 in 3Q 2022)Third quarter 2023 results: EPS: JP¥43.08 (up from JP¥24.34 in 3Q 2022). Revenue: JP¥467.0m (up 54% from 3Q 2022). Net income: JP¥137.0m (up 76% from 3Q 2022). Profit margin: 29% (up from 26% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥2,221, the stock trades at a trailing P/E ratio of 26.9x. Average trailing P/E is 25x in the Software industry in Japan. Total loss to shareholders of 3.0% over the past three years.공지 • Jan 29Dawn Corp. to Report Q3, 2023 Results on Apr 06, 2023Dawn Corp. announced that they will report Q3, 2023 results on Apr 06, 2023Reported Earnings • Jan 13Second quarter 2023 earnings released: EPS: JP¥14.66 (vs JP¥26.54 in 2Q 2022)Second quarter 2023 results: EPS: JP¥14.66 (down from JP¥26.54 in 2Q 2022). Revenue: JP¥245.0m (down 22% from 2Q 2022). Net income: JP¥47.0m (down 45% from 2Q 2022). Profit margin: 19% (down from 27% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.공지 • Jan 12Dawn Corp. (TSE:2303) announces an Equity Buyback for 100,000 shares, representing 3.12% for ¥200 million.Dawn Corp. (TSE:2303) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 3.12% of its share capital, for ¥200 million. The purpose of the program is to enable the implementation of agile capital policies in response to changes in the business environment and shareholder returns and improvement of capital efficiency. The program will expire on May 31, 2023. As of December 31, 2022, the company had 3,209,632 shares in issue (excluding treasury stock) and 90,368 shares in treasury.Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. No independent directors (4 non-independent directors). Director Kanezaki Sadao was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.공지 • Nov 02Dawn Corp. to Report Q2, 2023 Results on Jan 12, 2023Dawn Corp. announced that they will report Q2, 2023 results on Jan 12, 2023Reported Earnings • Oct 09First quarter 2023 earnings released: EPS: JP¥14.67 (vs JP¥9.38 in 1Q 2022)First quarter 2023 results: EPS: JP¥14.67 (up from JP¥9.38 in 1Q 2022). Revenue: JP¥272.0m (up 28% from 1Q 2022). Net income: JP¥47.0m (up 57% from 1Q 2022). Profit margin: 17% (up from 14% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 11% per year.공지 • Aug 04Dawn Corp. to Report Q1, 2023 Results on Oct 06, 2022Dawn Corp. announced that they will report Q1, 2023 results on Oct 06, 2022Reported Earnings • Jul 10Full year 2022 earnings released: EPS: JP¥88.37 (vs JP¥74.14 in FY 2021)Full year 2022 results: EPS: JP¥88.37 (up from JP¥74.14 in FY 2021). Revenue: JP¥1.22b (up 9.2% from FY 2021). Net income: JP¥283.0m (up 19% from FY 2021). Profit margin: 23% (up from 21% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.공지 • Jul 08Dawn Corp., Annual General Meeting, Aug 25, 2022Dawn Corp., Annual General Meeting, Aug 25, 2022.Upcoming Dividend • May 23Upcoming dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 30 May 2022. Payment date: 29 August 2022. The company last paid an ordinary dividend in July 2011. The average dividend yield among industry peers is 1.8%.공지 • May 02Dawn Corp. to Report Fiscal Year 2022 Results on Jul 07, 2022Dawn Corp. announced that they will report fiscal year 2022 results on Jul 07, 2022Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. No independent directors (7 non-independent directors). Director Kanezaki Sadao was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Apr 08Third quarter 2022 earnings released: EPS: JP¥24.34 (vs JP¥18.75 in 3Q 2021)Third quarter 2022 results: EPS: JP¥24.34 (up from JP¥18.75 in 3Q 2021). Revenue: JP¥304.0m (up 11% from 3Q 2021). Net income: JP¥78.0m (up 30% from 3Q 2021). Profit margin: 26% (up from 22% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Apr 04Investor sentiment improved over the past weekAfter last week's 19% share price gain to JP¥2,024, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 23x in the Software industry in Japan. Total returns to shareholders of 105% over the past three years.공지 • Jan 30Dawn Corp. to Report Q3, 2022 Results on Apr 07, 2022Dawn Corp. announced that they will report Q3, 2022 results on Apr 07, 2022Reported Earnings • Jan 13Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: JP¥26.54 (up from JP¥14.39 in 2Q 2021). Revenue: JP¥312.0m (up 36% from 2Q 2021). Net income: JP¥85.0m (up 85% from 2Q 2021). Profit margin: 27% (up from 20% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 20% per year.Valuation Update With 7 Day Price Move • Jan 04Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to JP¥1,629, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 23x in the Software industry in Japan. Total returns to shareholders of 65% over the past three years.Reported Earnings • Oct 08First quarter 2022 earnings released: EPS JP¥9.38 (vs JP¥11.91 in 1Q 2021)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥213.0m (down 2.7% from 1Q 2021). Net income: JP¥30.0m (down 21% from 1Q 2021). Profit margin: 14% (down from 17% in 1Q 2021). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 23% per year.Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥2,971, the stock trades at a trailing P/E ratio of 40.1x. Average trailing P/E is 30x in the Software industry in Japan. Total returns to shareholders of 105% over the past three years.Reported Earnings • Jul 10Full year 2021 earnings released: EPS JP¥74.14 (vs JP¥62.72 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥1.12b (up 6.6% from FY 2020). Net income: JP¥237.0m (up 19% from FY 2020). Profit margin: 21% (up from 19% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 25% per year.Upcoming Dividend • May 22Inaugural dividend of JP¥12.00 per shareEligible shareholders must have bought the stock before 28 May 2021. Payment date: 27 August 2021. The company last paid an ordinary dividend in April 2012. The average dividend yield among industry peers is 1.4%.분석 기사 • May 04Dawn (TYO:2303) Might Have The Makings Of A Multi-BaggerIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...분석 기사 • Apr 11Should You Be Adding Dawn (TYO:2303) To Your Watchlist Today?Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...Reported Earnings • Apr 10Third quarter 2021 earnings released: EPS JP¥18.75 (vs JP¥9.71 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥274.0m (up 19% from 3Q 2020). Net income: JP¥60.0m (up 94% from 3Q 2020). Profit margin: 22% (up from 13% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 22% per year.분석 기사 • Mar 21The Dawn (TYO:2303) Share Price Has Gained 119%, So Why Not Pay It Some Attention?While Dawn Corp. ( TYO:2303 ) shareholders are probably generally happy, the stock hasn't had particularly good run...분석 기사 • Feb 22Is Dawn Corp.'s (TYO:2303) Latest Stock Performance A Reflection Of Its Financial Health?Dawn's (TYO:2303) stock is up by a considerable 49% over the past three months. Since the market usually pay for a...분석 기사 • Feb 01Will The ROCE Trend At Dawn (TYO:2303) Continue?What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...공지 • Jan 31Dawn Corp. to Report Q3, 2021 Results on Apr 08, 2021Dawn Corp. announced that they will report Q3, 2021 results on Apr 08, 2021분석 기사 • Jan 11Are Dawn's (TYO:2303) Statutory Earnings A Good Guide To Its Underlying Profitability?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. However...Reported Earnings • Jan 09Second quarter 2021 earnings released: EPS JP¥14.39The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: JP¥230.0m (down 5.0% from 2Q 2020). Net income: JP¥46.0m (up 15% from 2Q 2020). Profit margin: 20% (up from 17% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Dec 29Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥3,640, the stock is trading at a trailing P/E ratio of 58.1x, up from the previous P/E ratio of 49.5x. This compares to an average P/E of 36x in the Software industry in Japan. Total returns to shareholders over the past three years are 207%.Valuation Update With 7 Day Price Move • Dec 24Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥3,900, the stock is trading at a trailing P/E ratio of 62.2x, up from the previous P/E ratio of 53.7x. This compares to an average P/E of 37x in the Software industry in Japan. Total returns to shareholders over the past three years are 227%.분석 기사 • Dec 21Imagine Holding Dawn (TYO:2303) Shares While The Price Zoomed 776% HigherLong term investing can be life changing when you buy and hold the truly great businesses. While the best companies are...Valuation Update With 7 Day Price Move • Dec 21Investor sentiment improved over the past weekAfter last week's 22% share price gain to JP¥3,505, the stock is trading at a trailing P/E ratio of 55.9x, up from the previous P/E ratio of 45.9x. This compares to an average P/E of 38x in the Software industry in Japan. Total returns to shareholders over the past three years are 211%.Is New 90 Day High Low • Dec 10New 90-day high: JP¥2,706The company is up 33% from its price of JP¥2,029 on 11 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 6.0% over the same period.Valuation Update With 7 Day Price Move • Dec 10Market bids up stock over the past weekAfter last week's 19% share price gain to JP¥2,706, the stock is trading at a trailing P/E ratio of 43.2x, up from the previous P/E ratio of 36.2x. This compares to an average P/E of 38x in the Software industry in Japan. Total returns to shareholders over the past three years are 125%.분석 기사 • Nov 22Will Weakness in Dawn Corp.'s (TYO:2303) Stock Prove Temporary Given Strong Fundamentals?Dawn (TYO:2303) has had a rough three months with its share price down 3.2%. But if you pay close attention, you might...Reported Earnings • Oct 10First quarter earnings releasedOver the last 12 months the company has reported total profits of JP¥200.0m, up 1.4% from the prior year. Total revenue was JP¥1.08b over the last 12 months, up 14% from the prior year.공지 • Aug 10Dawn Corp. to Report Q1, 2021 Results on Oct 08, 2020Dawn Corp. announced that they will report Q1, 2021 results on Oct 08, 2020매출 및 비용 세부 내역Dawn가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TSE:2303 매출, 비용 및 순이익 (JPY Millions)날짜매출순이익일반관리비연구개발비28 Feb 261,683463526030 Nov 251,657428516031 Aug 251,594392514031 May 251,646418501028 Feb 251,589400511030 Nov 241,584401503031 Aug 241,604427492031 May 241,500388484029 Feb 241,348333455030 Nov 231,402352448031 Aug 231,348321441031 May 231,368321445028 Feb 231,377321438030 Nov 221,214262436031 Aug 221,281300433031 May 221,222283418028 Feb 221,225286408030 Nov 211,195268399031 Aug 211,113229399031 May 211,119237395028 Feb 211,106235386030 Nov 201,063206383031 Aug 201,075200375031 May 201,050200367029 Feb 20957172358030 Nov 191,008222345031 Aug 19945197335031 May 19893156327028 Feb 19881136316030 Nov 18884128306031 Aug 18851126294031 May 18836114287028 Feb 18812116279030 Nov 1777880278031 Aug 1776573279031 May 1778889279028 Feb 1777383294030 Nov 1674784286031 Aug 16805114273031 May 16753101257029 Feb 16736107235030 Nov 1564363234031 Aug 1560249231031 May 15593142360양질의 수익: 2303는 고품질 수익을 보유하고 있습니다.이익 마진 증가: 2303의 현재 순 이익률 (27.5%)은 지난해 (25.2%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 2303의 수익은 지난 5년 동안 연평균 13.2% 증가했습니다.성장 가속화: 지난 1년간 2303 의 수익 증가율(15.9%)은 연간 평균(13.2%)을 초과합니다.수익 대 산업: 2303의 지난 1년 수익 증가율(15.9%)은 Software 업계 평균(18.8%)을 능가하지 못했습니다.자기자본이익률높은 ROE: 2303의 자본 수익률(16.1%)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 분석2026/05/08 02:46종가2026/05/08 00:00수익2026/02/28연간 수익2025/05/31데이터 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 소스Dawn Corp.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 • Apr 10Third quarter 2026 earnings released: EPS: JP¥50.11 (vs JP¥45.93 in 3Q 2025)Third quarter 2026 results: EPS: JP¥50.11 (up from JP¥45.93 in 3Q 2025). Revenue: JP¥444.0m (down 12% from 3Q 2025). Net income: JP¥152.0m (up 8.3% from 3Q 2025). Profit margin: 34% (up from 28% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 8% per year.
Reported Earnings • Jan 09Second quarter 2026 earnings released: EPS: JP¥29.46 (vs JP¥16.90 in 2Q 2025)Second quarter 2026 results: EPS: JP¥29.46 (up from JP¥16.90 in 2Q 2025). Revenue: JP¥343.0m (up 23% from 2Q 2025). Net income: JP¥89.6m (up 72% from 2Q 2025). Profit margin: 26% (up from 19% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 14% per year.
Reported Earnings • Oct 10First quarter 2026 earnings released: EPS: JP¥19.44 (vs JP¥22.46 in 1Q 2025)First quarter 2026 results: EPS: JP¥19.44 (down from JP¥22.46 in 1Q 2025). Revenue: JP¥303.0m (down 4.7% from 1Q 2025). Net income: JP¥59.0m (down 14% from 1Q 2025). Profit margin: 20% (down from 22% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
공지 • Jul 29+ 2 more updatesDawn Corp. to Report Q3, 2026 Results on Apr 09, 2026Dawn Corp. announced that they will report Q3, 2026 results on Apr 09, 2026
Reported Earnings • Jul 14Full year 2025 earnings released: EPS: JP¥136 (vs JP¥125 in FY 2024)Full year 2025 results: EPS: JP¥136 (up from JP¥125 in FY 2024). Revenue: JP¥1.65b (up 9.7% from FY 2024). Net income: JP¥418.0m (up 7.7% from FY 2024). Profit margin: 25% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 11Third quarter 2025 earnings released: EPS: JP¥38.08 (vs JP¥37.94 in 3Q 2024)Third quarter 2025 results: EPS: JP¥38.08. Revenue: JP¥418.0m (up 1.2% from 3Q 2024). Net income: JP¥117.0m (flat on 3Q 2024). Profit margin: 28% (in line with 3Q 2024).
Reported Earnings • Apr 10Third quarter 2026 earnings released: EPS: JP¥50.11 (vs JP¥45.93 in 3Q 2025)Third quarter 2026 results: EPS: JP¥50.11 (up from JP¥45.93 in 3Q 2025). Revenue: JP¥444.0m (down 12% from 3Q 2025). Net income: JP¥152.0m (up 8.3% from 3Q 2025). Profit margin: 34% (up from 28% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 8% per year.
Buy Or Sell Opportunity • Feb 27Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.7% to JP¥2,601. The fair value is estimated to be JP¥2,141, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 15%.
Buy Or Sell Opportunity • Feb 09Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 7.3% to JP¥2,580. The fair value is estimated to be JP¥2,148, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 15%.
Declared Dividend • Jan 10Dividend of JP¥26.00 announcedShareholders will receive a dividend of JP¥26.00. Ex-date: 28th May 2026 Payment date: 31st August 2026 Dividend yield will be 1.0%, which is lower than the industry average of 1.4%. Sustainability & Growth
Reported Earnings • Jan 09Second quarter 2026 earnings released: EPS: JP¥29.46 (vs JP¥16.90 in 2Q 2025)Second quarter 2026 results: EPS: JP¥29.46 (up from JP¥16.90 in 2Q 2025). Revenue: JP¥343.0m (up 23% from 2Q 2025). Net income: JP¥89.6m (up 72% from 2Q 2025). Profit margin: 26% (up from 19% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 14% per year.
공지 • Jan 08Dawn Corp. (TSE:2303) announces an Equity Buyback for 100,000 shares, representing 3.28% for ¥200 million.Dawn Corp. (TSE:2303) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 3.28% of its share capital, for ¥200 million. The purpose of the program is to returning profits to shareholders, improving capital efficiency, and implementing flexible capital policies according to the business environment. The repurchased shares will be used for restricted stock compensation. The program will expire on March 31, 2026. As of December 31, 2025, the company had 3,046,394 shares in issue (excluding treasury stock) and 253,606 shares in treasury.
Buy Or Sell Opportunity • Jan 05Now 22% overvaluedThe stock has been flat over the last 90 days, currently trading at JP¥2,523. The fair value is estimated to be JP¥2,075, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 15%.
Buy Or Sell Opportunity • Oct 15Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.5% to JP¥2,445. The fair value is estimated to be JP¥2,017, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 15%.
Reported Earnings • Oct 10First quarter 2026 earnings released: EPS: JP¥19.44 (vs JP¥22.46 in 1Q 2025)First quarter 2026 results: EPS: JP¥19.44 (down from JP¥22.46 in 1Q 2025). Revenue: JP¥303.0m (down 4.7% from 1Q 2025). Net income: JP¥59.0m (down 14% from 1Q 2025). Profit margin: 20% (down from 22% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
공지 • Jul 29+ 2 more updatesDawn Corp. to Report Q3, 2026 Results on Apr 09, 2026Dawn Corp. announced that they will report Q3, 2026 results on Apr 09, 2026
Reported Earnings • Jul 14Full year 2025 earnings released: EPS: JP¥136 (vs JP¥125 in FY 2024)Full year 2025 results: EPS: JP¥136 (up from JP¥125 in FY 2024). Revenue: JP¥1.65b (up 9.7% from FY 2024). Net income: JP¥418.0m (up 7.7% from FY 2024). Profit margin: 25% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
공지 • Jul 10+ 2 more updatesDawn Corp., Annual General Meeting, Aug 28, 2025Dawn Corp., Annual General Meeting, Aug 28, 2025.
New Risk • Jul 09New 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 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.8% average weekly change). Market cap is less than US$100m (JP¥7.01b market cap, or US$47.7m).
Upcoming Dividend • May 22Upcoming dividend of JP¥24.00 per shareEligible shareholders must have bought the stock before 29 May 2025. Payment date: 29 August 2025. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (4.0%). Lower than average of industry peers (1.5%).
Buy Or Sell Opportunity • Apr 15Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.9% to JP¥2,087. The fair value is estimated to be JP¥2,650, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years. Earnings per share has grown by 16%.
공지 • Apr 12Dawn Corp. Provides Dividend Guidance for the Fiscal Year Ending May 31, 2025Dawn Corp. announced dividend guidance for the fiscal year ending May 31, 2025. For the period, the company expects to pay dividend of JPY 24 per share against JPY 20 per share paid a year ago.
Reported Earnings • Apr 11Third quarter 2025 earnings released: EPS: JP¥38.08 (vs JP¥37.94 in 3Q 2024)Third quarter 2025 results: EPS: JP¥38.08. Revenue: JP¥418.0m (up 1.2% from 3Q 2024). Net income: JP¥117.0m (flat on 3Q 2024). Profit margin: 28% (in line with 3Q 2024).
분석 기사 • Apr 05Dawn (TSE:2303) Is Aiming To Keep Up Its Impressive ReturnsDid you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
Buy Or Sell Opportunity • Jan 16Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.5% to JP¥2,083. The fair value is estimated to be JP¥2,615, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Earnings per share has grown by 16%.
Reported Earnings • Jan 12First half 2025 earnings released: EPS: JP¥44.93 (vs JP¥40.15 in 1H 2024)First half 2025 results: EPS: JP¥44.93 (up from JP¥40.15 in 1H 2024). Revenue: JP¥635.6m (up 15% from 1H 2024). Net income: JP¥138.1m (up 11% from 1H 2024). Profit margin: 22% (down from 23% in 1H 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Jan 11Dividend of JP¥22.00 announcedShareholders will receive a dividend of JP¥22.00. Ex-date: 29th May 2025 Payment date: 29th August 2025 Dividend yield will be 1.0%, which is lower than the industry average of 1.4%. Sustainability & Growth
공지 • Jan 09+ 1 more updateDawn Corp. Announced Non-Consolidated Earnings Guidance for the Fiscal Year Ending May 31, 2025Dawn Corp. announced non-consolidated earnings guidance for the fiscal year ending May 31, 2025. For the period, the company expects net sales of JPY 1,580 million, operating profit of JPY 560 million, net income of JPY 395 million and basic earnings per share of JPY 128.63.
Buy Or Sell Opportunity • Dec 19Now 23% undervaluedOver the last 90 days, the stock has risen 18% to JP¥2,410. The fair value is estimated to be JP¥3,133, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.6% over the last 3 years. Earnings per share has grown by 17%.
New Risk • Dec 12New 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 5.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.2% average weekly change). Market cap is less than US$100m (JP¥7.41b market cap, or US$48.5m).
공지 • Aug 16Dawn Corp. to Report Q1, 2025 Results on Oct 10, 2024Dawn Corp. announced that they will report Q1, 2025 results on Oct 10, 2024
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥1,711, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 20x in the Software industry in Japan. Total loss to shareholders of 27% over the past three years.
Reported Earnings • Jul 16Full year 2024 earnings released: EPS: JP¥125 (vs JP¥101 in FY 2023)Full year 2024 results: EPS: JP¥125 (up from JP¥101 in FY 2023). Revenue: JP¥1.50b (up 9.6% from FY 2023). Net income: JP¥388.0m (up 21% from FY 2023). Profit margin: 26% (up from 24% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
공지 • Jul 12Dawn Corp., Annual General Meeting, Aug 28, 2024Dawn Corp., Annual General Meeting, Aug 28, 2024.
Buy Or Sell Opportunity • Jul 08Now 20% undervaluedOver the last 90 days, the stock has risen 4.2% to JP¥2,117. The fair value is estimated to be JP¥2,656, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 14%.
Upcoming Dividend • May 23Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 30 May 2024. Payment date: 30 August 2024. The average dividend yield among industry peers is 1.4%.
공지 • May 03Dawn Corp. to Report Fiscal Year 2024 Results on Jul 11, 2024Dawn Corp. announced that they will report fiscal year 2024 results on Jul 11, 2024
Reported Earnings • Apr 09Third quarter 2024 earnings released: EPS: JP¥37.94 (vs JP¥43.08 in 3Q 2023)Third quarter 2024 results: EPS: JP¥37.94 (down from JP¥43.08 in 3Q 2023). Revenue: JP¥413.0m (down 12% from 3Q 2023). Net income: JP¥118.0m (down 14% from 3Q 2023). Profit margin: 29% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
공지 • Jan 28Dawn Corp. to Report Q3, 2024 Results on Apr 08, 2024Dawn Corp. announced that they will report Q3, 2024 results on Apr 08, 2024
Buying Opportunity • Jan 17Now 20% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be JP¥2,650, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 16%.
Reported Earnings • Jan 13Second quarter 2024 earnings released: EPS: JP¥25.03 (vs JP¥14.66 in 2Q 2023)Second quarter 2024 results: EPS: JP¥25.03 (up from JP¥14.66 in 2Q 2023). Revenue: JP¥299.0m (up 22% from 2Q 2023). Net income: JP¥78.0m (up 66% from 2Q 2023). Profit margin: 26% (up from 19% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
공지 • Jan 11Dawn Corp. (TSE:2303) announces an Equity Buyback for 60,000 shares, representing 1.92% for ¥100 million.Dawn Corp. (TSE:2303) announces a share repurchase program. Under the program, the company will repurchase up to 60,000 shares, representing 1.92% of its share capital, for ¥100 million. The purpose of the program is to returning profits to shareholders, improving capital efficiency, and implementing flexible capital policies according to the business environment. The repurchased shares will be used for restricted stock compensation. The program will expire on March 31, 2024. As of December 31, 2023, the company had 3,120,032 shares in issue (excluding treasury stock) and 179,968 shares in treasury.
Buying Opportunity • Dec 01Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 2.1%. The fair value is estimated to be JP¥2,421, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.9% over the last 3 years. Earnings per share has grown by 16%.
공지 • Nov 01Dawn Corp. to Report Q2, 2024 Results on Jan 11, 2024Dawn Corp. announced that they will report Q2, 2024 results on Jan 11, 2024
Reported Earnings • Oct 11First quarter 2024 earnings released: EPS: JP¥15.11 (vs JP¥14.67 in 1Q 2023)First quarter 2024 results: EPS: JP¥15.11 (up from JP¥14.67 in 1Q 2023). Revenue: JP¥252.0m (down 7.4% from 1Q 2023). Net income: JP¥47.0m (flat on 1Q 2023). Profit margin: 19% (up from 17% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Buying Opportunity • Oct 11Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be JP¥2,414, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 16%.
Reported Earnings • Sep 05Full year 2023 earnings released: EPS: JP¥101 (vs JP¥88.37 in FY 2022)Full year 2023 results: EPS: JP¥101 (up from JP¥88.37 in FY 2022). Revenue: JP¥1.37b (up 12% from FY 2022). Net income: JP¥321.0m (up 13% from FY 2022). Profit margin: 24% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
공지 • Jul 30Dawn Corp. to Report Q1, 2024 Results on Oct 10, 2023Dawn Corp. announced that they will report Q1, 2024 results on Oct 10, 2023
Reported Earnings • Jul 16Full year 2023 earnings released: EPS: JP¥101 (vs JP¥88.37 in FY 2022)Full year 2023 results: EPS: JP¥101 (up from JP¥88.37 in FY 2022). Revenue: JP¥1.37b (up 12% from FY 2022). Net income: JP¥321.0m (up 13% from FY 2022). Profit margin: 24% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
공지 • Jul 13Dawn Corp., Annual General Meeting, Aug 29, 2023Dawn Corp., Annual General Meeting, Aug 29, 2023.
Upcoming Dividend • May 23Inaugural dividend of JP¥16.00 per shareEligible shareholders must have bought the stock before 30 May 2023. Payment date: 28 August 2023. This is the first dividend for Dawn since going public. The average dividend yield among industry peers is 1.6%.
Reported Earnings • Apr 08Third quarter 2023 earnings released: EPS: JP¥43.08 (vs JP¥24.34 in 3Q 2022)Third quarter 2023 results: EPS: JP¥43.08 (up from JP¥24.34 in 3Q 2022). Revenue: JP¥467.0m (up 54% from 3Q 2022). Net income: JP¥137.0m (up 76% from 3Q 2022). Profit margin: 29% (up from 26% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥2,221, the stock trades at a trailing P/E ratio of 26.9x. Average trailing P/E is 25x in the Software industry in Japan. Total loss to shareholders of 3.0% over the past three years.
공지 • Jan 29Dawn Corp. to Report Q3, 2023 Results on Apr 06, 2023Dawn Corp. announced that they will report Q3, 2023 results on Apr 06, 2023
Reported Earnings • Jan 13Second quarter 2023 earnings released: EPS: JP¥14.66 (vs JP¥26.54 in 2Q 2022)Second quarter 2023 results: EPS: JP¥14.66 (down from JP¥26.54 in 2Q 2022). Revenue: JP¥245.0m (down 22% from 2Q 2022). Net income: JP¥47.0m (down 45% from 2Q 2022). Profit margin: 19% (down from 27% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
공지 • Jan 12Dawn Corp. (TSE:2303) announces an Equity Buyback for 100,000 shares, representing 3.12% for ¥200 million.Dawn Corp. (TSE:2303) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 3.12% of its share capital, for ¥200 million. The purpose of the program is to enable the implementation of agile capital policies in response to changes in the business environment and shareholder returns and improvement of capital efficiency. The program will expire on May 31, 2023. As of December 31, 2022, the company had 3,209,632 shares in issue (excluding treasury stock) and 90,368 shares in treasury.
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. No independent directors (4 non-independent directors). Director Kanezaki Sadao was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
공지 • Nov 02Dawn Corp. to Report Q2, 2023 Results on Jan 12, 2023Dawn Corp. announced that they will report Q2, 2023 results on Jan 12, 2023
Reported Earnings • Oct 09First quarter 2023 earnings released: EPS: JP¥14.67 (vs JP¥9.38 in 1Q 2022)First quarter 2023 results: EPS: JP¥14.67 (up from JP¥9.38 in 1Q 2022). Revenue: JP¥272.0m (up 28% from 1Q 2022). Net income: JP¥47.0m (up 57% from 1Q 2022). Profit margin: 17% (up from 14% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 11% per year.
공지 • Aug 04Dawn Corp. to Report Q1, 2023 Results on Oct 06, 2022Dawn Corp. announced that they will report Q1, 2023 results on Oct 06, 2022
Reported Earnings • Jul 10Full year 2022 earnings released: EPS: JP¥88.37 (vs JP¥74.14 in FY 2021)Full year 2022 results: EPS: JP¥88.37 (up from JP¥74.14 in FY 2021). Revenue: JP¥1.22b (up 9.2% from FY 2021). Net income: JP¥283.0m (up 19% from FY 2021). Profit margin: 23% (up from 21% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Jul 08Dawn Corp., Annual General Meeting, Aug 25, 2022Dawn Corp., Annual General Meeting, Aug 25, 2022.
Upcoming Dividend • May 23Upcoming dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 30 May 2022. Payment date: 29 August 2022. The company last paid an ordinary dividend in July 2011. The average dividend yield among industry peers is 1.8%.
공지 • May 02Dawn Corp. to Report Fiscal Year 2022 Results on Jul 07, 2022Dawn Corp. announced that they will report fiscal year 2022 results on Jul 07, 2022
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. No independent directors (7 non-independent directors). Director Kanezaki Sadao was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Apr 08Third quarter 2022 earnings released: EPS: JP¥24.34 (vs JP¥18.75 in 3Q 2021)Third quarter 2022 results: EPS: JP¥24.34 (up from JP¥18.75 in 3Q 2021). Revenue: JP¥304.0m (up 11% from 3Q 2021). Net income: JP¥78.0m (up 30% from 3Q 2021). Profit margin: 26% (up from 22% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment improved over the past weekAfter last week's 19% share price gain to JP¥2,024, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 23x in the Software industry in Japan. Total returns to shareholders of 105% over the past three years.
공지 • Jan 30Dawn Corp. to Report Q3, 2022 Results on Apr 07, 2022Dawn Corp. announced that they will report Q3, 2022 results on Apr 07, 2022
Reported Earnings • Jan 13Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: JP¥26.54 (up from JP¥14.39 in 2Q 2021). Revenue: JP¥312.0m (up 36% from 2Q 2021). Net income: JP¥85.0m (up 85% from 2Q 2021). Profit margin: 27% (up from 20% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 20% per year.
Valuation Update With 7 Day Price Move • Jan 04Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to JP¥1,629, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 23x in the Software industry in Japan. Total returns to shareholders of 65% over the past three years.
Reported Earnings • Oct 08First quarter 2022 earnings released: EPS JP¥9.38 (vs JP¥11.91 in 1Q 2021)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥213.0m (down 2.7% from 1Q 2021). Net income: JP¥30.0m (down 21% from 1Q 2021). Profit margin: 14% (down from 17% in 1Q 2021). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 23% per year.
Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥2,971, the stock trades at a trailing P/E ratio of 40.1x. Average trailing P/E is 30x in the Software industry in Japan. Total returns to shareholders of 105% over the past three years.
Reported Earnings • Jul 10Full year 2021 earnings released: EPS JP¥74.14 (vs JP¥62.72 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥1.12b (up 6.6% from FY 2020). Net income: JP¥237.0m (up 19% from FY 2020). Profit margin: 21% (up from 19% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 25% per year.
Upcoming Dividend • May 22Inaugural dividend of JP¥12.00 per shareEligible shareholders must have bought the stock before 28 May 2021. Payment date: 27 August 2021. The company last paid an ordinary dividend in April 2012. The average dividend yield among industry peers is 1.4%.
분석 기사 • May 04Dawn (TYO:2303) Might Have The Makings Of A Multi-BaggerIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
분석 기사 • Apr 11Should You Be Adding Dawn (TYO:2303) To Your Watchlist Today?Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Reported Earnings • Apr 10Third quarter 2021 earnings released: EPS JP¥18.75 (vs JP¥9.71 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥274.0m (up 19% from 3Q 2020). Net income: JP¥60.0m (up 94% from 3Q 2020). Profit margin: 22% (up from 13% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 22% per year.
분석 기사 • Mar 21The Dawn (TYO:2303) Share Price Has Gained 119%, So Why Not Pay It Some Attention?While Dawn Corp. ( TYO:2303 ) shareholders are probably generally happy, the stock hasn't had particularly good run...
분석 기사 • Feb 22Is Dawn Corp.'s (TYO:2303) Latest Stock Performance A Reflection Of Its Financial Health?Dawn's (TYO:2303) stock is up by a considerable 49% over the past three months. Since the market usually pay for a...
분석 기사 • Feb 01Will The ROCE Trend At Dawn (TYO:2303) Continue?What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
공지 • Jan 31Dawn Corp. to Report Q3, 2021 Results on Apr 08, 2021Dawn Corp. announced that they will report Q3, 2021 results on Apr 08, 2021
분석 기사 • Jan 11Are Dawn's (TYO:2303) Statutory Earnings A Good Guide To Its Underlying Profitability?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. However...
Reported Earnings • Jan 09Second quarter 2021 earnings released: EPS JP¥14.39The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: JP¥230.0m (down 5.0% from 2Q 2020). Net income: JP¥46.0m (up 15% from 2Q 2020). Profit margin: 20% (up from 17% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Dec 29Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥3,640, the stock is trading at a trailing P/E ratio of 58.1x, up from the previous P/E ratio of 49.5x. This compares to an average P/E of 36x in the Software industry in Japan. Total returns to shareholders over the past three years are 207%.
Valuation Update With 7 Day Price Move • Dec 24Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥3,900, the stock is trading at a trailing P/E ratio of 62.2x, up from the previous P/E ratio of 53.7x. This compares to an average P/E of 37x in the Software industry in Japan. Total returns to shareholders over the past three years are 227%.
분석 기사 • Dec 21Imagine Holding Dawn (TYO:2303) Shares While The Price Zoomed 776% HigherLong term investing can be life changing when you buy and hold the truly great businesses. While the best companies are...
Valuation Update With 7 Day Price Move • Dec 21Investor sentiment improved over the past weekAfter last week's 22% share price gain to JP¥3,505, the stock is trading at a trailing P/E ratio of 55.9x, up from the previous P/E ratio of 45.9x. This compares to an average P/E of 38x in the Software industry in Japan. Total returns to shareholders over the past three years are 211%.
Is New 90 Day High Low • Dec 10New 90-day high: JP¥2,706The company is up 33% from its price of JP¥2,029 on 11 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 6.0% over the same period.
Valuation Update With 7 Day Price Move • Dec 10Market bids up stock over the past weekAfter last week's 19% share price gain to JP¥2,706, the stock is trading at a trailing P/E ratio of 43.2x, up from the previous P/E ratio of 36.2x. This compares to an average P/E of 38x in the Software industry in Japan. Total returns to shareholders over the past three years are 125%.
분석 기사 • Nov 22Will Weakness in Dawn Corp.'s (TYO:2303) Stock Prove Temporary Given Strong Fundamentals?Dawn (TYO:2303) has had a rough three months with its share price down 3.2%. But if you pay close attention, you might...
Reported Earnings • Oct 10First quarter earnings releasedOver the last 12 months the company has reported total profits of JP¥200.0m, up 1.4% from the prior year. Total revenue was JP¥1.08b over the last 12 months, up 14% from the prior year.
공지 • Aug 10Dawn Corp. to Report Q1, 2021 Results on Oct 08, 2020Dawn Corp. announced that they will report Q1, 2021 results on Oct 08, 2020