View Financial HealthCube System 배당 및 자사주 매입배당 기준 점검 4/6Cube System 수익으로 충분히 충당되는 현재 수익률 4.26% 보유한 배당금 지급 회사입니다. 다음 지급일은 5th June, 2026 이며 배당락일은 다음과 같습니다. 30th March, 2026.핵심 정보4.3%배당 수익률-0.7%자사주 매입 수익률총 주주 수익률3.6%미래 배당 수익률n/a배당 성장률11.7%다음 배당 지급일05 Jun 26배당락일30 Mar 26주당 배당금n/a배당 성향42%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Mar 23Upcoming dividend of JP¥22.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 08 June 2026. Payout ratio is a comfortable 42% but the company is paying out more than the cash it is generating. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.8%).Declared Dividend • Dec 03First half dividend of JP¥22.00 announcedShareholders will receive a dividend of JP¥22.00. Ex-date: 30th March 2026 Payment date: 8th June 2026 Dividend yield will be 3.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (52% earnings payout ratio) but not covered by cash flows (101% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 8.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.분석 기사 • Sep 21Cube System (TSE:2335) Has Affirmed Its Dividend Of ¥20.00Cube System Inc. ( TSE:2335 ) will pay a dividend of ¥20.00 on the 3rd of December. The dividend yield will be 3.5...분석 기사 • Sep 04Cube System (TSE:2335) Has Affirmed Its Dividend Of ¥20.00Cube System Inc.'s ( TSE:2335 ) investors are due to receive a payment of ¥20.00 per share on 3rd of December. This...분석 기사 • Aug 07Cube System's (TSE:2335) Dividend Will Be ¥20.00The board of Cube System Inc. ( TSE:2335 ) has announced that it will pay a dividend of ¥20.00 per share on the 3rd of...분석 기사 • Jul 24Cube System (TSE:2335) Has Announced A Dividend Of ¥20.00Cube System Inc. ( TSE:2335 ) will pay a dividend of ¥20.00 on the 3rd of December. This means the annual payment is...모든 업데이트 보기Recent updates분석 기사 • May 15Concerns Surrounding Cube System's (TSE:2335) PerformanceCube System Inc.'s ( TSE:2335 ) healthy profit numbers didn't contain any surprises for investors. We think this is due...New Risk • May 09New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risks Dividend is not well covered by cash flows (155% cash payout ratio). Market cap is less than US$100m (JP¥15.4b market cap, or US$98.3m).Reported Earnings • May 08Full year 2026 earnings released: EPS: JP¥103 (vs JP¥83.79 in FY 2025)Full year 2026 results: EPS: JP¥103 (up from JP¥83.79 in FY 2025). Revenue: JP¥18.5b (flat on FY 2025). Net income: JP¥1.56b (up 24% from FY 2025). Profit margin: 8.5% (up from 6.9% in FY 2025). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.공시 • May 07Cube System Inc., Annual General Meeting, Jun 25, 2026Cube System Inc., Annual General Meeting, Jun 25, 2026.Upcoming Dividend • Mar 23Upcoming dividend of JP¥22.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 08 June 2026. Payout ratio is a comfortable 42% but the company is paying out more than the cash it is generating. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.8%).New Risk • Mar 05New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.7b (US$100.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (101% cash payout ratio). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥15.7b market cap, or US$100.0m).Reported Earnings • Feb 05Third quarter 2026 earnings released: EPS: JP¥34.39 (vs JP¥16.07 in 3Q 2025)Third quarter 2026 results: EPS: JP¥34.39 (up from JP¥16.07 in 3Q 2025). Revenue: JP¥4.62b (flat on 3Q 2025). Net income: JP¥522.0m (up 116% from 3Q 2025). Profit margin: 11% (up from 5.2% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.공시 • Dec 03+ 3 more updatesCube System Inc. to Report Q2, 2027 Results on Nov 05, 2026Cube System Inc. announced that they will report Q2, 2027 results on Nov 05, 2026Declared Dividend • Dec 03First half dividend of JP¥22.00 announcedShareholders will receive a dividend of JP¥22.00. Ex-date: 30th March 2026 Payment date: 8th June 2026 Dividend yield will be 3.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (52% earnings payout ratio) but not covered by cash flows (101% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 8.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 07Second quarter 2026 earnings released: EPS: JP¥23.48 (vs JP¥33.59 in 2Q 2025)Second quarter 2026 results: EPS: JP¥23.48 (down from JP¥33.59 in 2Q 2025). Revenue: JP¥4.60b (flat on 2Q 2025). Net income: JP¥355.0m (down 30% from 2Q 2025). Profit margin: 7.7% (down from 11% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.분석 기사 • Sep 21Cube System (TSE:2335) Has Affirmed Its Dividend Of ¥20.00Cube System Inc. ( TSE:2335 ) will pay a dividend of ¥20.00 on the 3rd of December. The dividend yield will be 3.5...분석 기사 • Sep 04Cube System (TSE:2335) Has Affirmed Its Dividend Of ¥20.00Cube System Inc.'s ( TSE:2335 ) investors are due to receive a payment of ¥20.00 per share on 3rd of December. This...Reported Earnings • Aug 08First quarter 2026 earnings released: EPS: JP¥13.28 (vs JP¥10.43 in 1Q 2025)First quarter 2026 results: EPS: JP¥13.28 (up from JP¥10.43 in 1Q 2025). Revenue: JP¥4.55b (up 3.1% from 1Q 2025). Net income: JP¥200.0m (up 27% from 1Q 2025). Profit margin: 4.4% (up from 3.6% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 6% per year.분석 기사 • Aug 07Cube System's (TSE:2335) Dividend Will Be ¥20.00The board of Cube System Inc. ( TSE:2335 ) has announced that it will pay a dividend of ¥20.00 per share on the 3rd of...분석 기사 • Jul 24Cube System (TSE:2335) Has Announced A Dividend Of ¥20.00Cube System Inc. ( TSE:2335 ) will pay a dividend of ¥20.00 on the 3rd of December. This means the annual payment is...Board Change • Jul 10Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Takefumi Saito was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.분석 기사 • Jul 10Cube System (TSE:2335) Is Due To Pay A Dividend Of ¥20.00The board of Cube System Inc. ( TSE:2335 ) has announced that it will pay a dividend on the 3rd of December, with...Declared Dividend • Jul 09Final dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 3.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (50% earnings payout ratio) but not covered by cash flows (293% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Jul 02+ 1 more updateCube System Inc. to Report Q3, 2026 Results on Feb 04, 2026Cube System Inc. announced that they will report Q3, 2026 results on Feb 04, 2026공시 • Jun 12Cube System Inc. to Report Q1, 2026 Results on Aug 06, 2025Cube System Inc. announced that they will report Q1, 2026 results on Aug 06, 2025공시 • May 30+ 2 more updatesCube System Inc. Provides consolidated Earnings Forecasts for the Six Months Ending September 30, 2025 and Full Year Ending March 31, 2026Cube System Inc. provided consolidated earnings forecasts for the six months ending September 30, 2025 and full year Ending March 31, 2026. For the six months, the company expects net sales of JPY 9,300 million, operating profit of JPY 540 million, profit attributable to owners of parent of JPY 460 million, and earnings per share of JPY 30.21. For the full year ending March 31, 2026,the company expects net sales of JPY 19,500 million, operating profit of JPY 1,750 million,profit attributable to owners of parent of JPY 1,220 million, and earnings per share of JPY 80.13.분석 기사 • May 15Cube System's (TSE:2335) Earnings Are Weaker Than They SeemUnsurprisingly, Cube System Inc.'s ( TSE:2335 ) stock price was strong on the back of its healthy earnings report...New Risk • May 10New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 25% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risk Dividend is not well covered by cash flows (279% cash payout ratio).Reported Earnings • May 09Full year 2025 earnings released: EPS: JP¥83.79 (vs JP¥70.38 in FY 2024)Full year 2025 results: EPS: JP¥83.79 (up from JP¥70.38 in FY 2024). Revenue: JP¥18.4b (up 1.8% from FY 2024). Net income: JP¥1.26b (up 18% from FY 2024). Profit margin: 6.9% (up from 5.9% in FY 2024). Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 6% per year.공시 • May 08Cube System Inc., Annual General Meeting, Jun 26, 2025Cube System Inc., Annual General Meeting, Jun 26, 2025.New Risk • Apr 04New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.5b (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (241% cash payout ratio). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥14.5b market cap, or US$99.9m).Upcoming Dividend • Mar 21Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 03 June 2025. Payout ratio is a comfortable 50% but the company is paying out more than the cash it is generating. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.4%).분석 기사 • Mar 15Cube System (TSE:2335) Is Due To Pay A Dividend Of ¥20.00The board of Cube System Inc. ( TSE:2335 ) has announced that it will pay a dividend of ¥20.00 per share on the 3rd of...공시 • Mar 11Cube System Inc. to Report Fiscal Year 2025 Results on May 08, 2025Cube System Inc. announced that they will report fiscal year 2025 results on May 08, 2025분석 기사 • Mar 01Cube System's (TSE:2335) Dividend Will Be ¥20.00Cube System Inc. ( TSE:2335 ) has announced that it will pay a dividend of ¥20.00 per share on the 3rd of June. Based...분석 기사 • Feb 14Cube System's (TSE:2335) Dividend Will Be ¥20.00Cube System Inc.'s ( TSE:2335 ) investors are due to receive a payment of ¥20.00 per share on 3rd of June. The dividend...공시 • Feb 14Cube System Inc. Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2025Cube System Inc. provided consolidated earnings guidance for the full year ending March 31, 2025. For the year, the company expects net sales of JPY 18,300 million, operating profit of JPY 1,300 million, profit attributable to owners of parent of JPY 1,210 million and earnings per share of JPY 80.40.Reported Earnings • Feb 07Third quarter 2025 earnings released: EPS: JP¥16.07 (vs JP¥16.95 in 3Q 2024)Third quarter 2025 results: EPS: JP¥16.07 (down from JP¥16.95 in 3Q 2024). Revenue: JP¥4.63b (up 1.8% from 3Q 2024). Net income: JP¥242.0m (down 5.8% from 3Q 2024). Profit margin: 5.2% (down from 5.6% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 2% per year.New Risk • Jan 07New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.7b (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (27% accrual ratio). Minor Risks Dividend is not well covered by cash flows (241% cash payout ratio). Market cap is less than US$100m (JP¥15.7b market cap, or US$99.6m).공시 • Dec 05Cube System Inc. to Report Q3, 2025 Results on Feb 05, 2025Cube System Inc. announced that they will report Q3, 2025 results on Feb 05, 2025분석 기사 • Dec 04Cube System (TSE:2335) Has Announced A Dividend Of ¥20.00The board of Cube System Inc. ( TSE:2335 ) has announced that it will pay a dividend of ¥20.00 per share on the 3rd of...Declared Dividend • Dec 04First half dividend of JP¥20.00 announcedDividend of JP¥20.00 is the same as last year. Ex-date: 28th March 2025 Payment date: 3rd June 2025 Dividend yield will be 3.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (49% earnings payout ratio) but not covered by cash flows (241% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.분석 기사 • Nov 13Cube System (TSE:2335) Is Posting Healthy Earnings, But It Is Not All Good NewsDespite posting strong earnings, Cube System Inc.'s ( TSE:2335 ) stock didn't move much over the last week. We decided...New Risk • Nov 09New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 27% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (27% accrual ratio). Minor Risk Dividend is not well covered by cash flows (240% cash payout ratio).Reported Earnings • Nov 08Second quarter 2025 earnings released: EPS: JP¥33.59 (vs JP¥17.74 in 2Q 2024)Second quarter 2025 results: EPS: JP¥33.59 (up from JP¥17.74 in 2Q 2024). Revenue: JP¥4.61b (flat on 2Q 2024). Net income: JP¥505.0m (up 88% from 2Q 2024). Profit margin: 11% (up from 5.8% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year.New Risk • Oct 10New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.9b (US$100.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥14.9b market cap, or US$100.0m).Upcoming Dividend • Sep 20Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%).공시 • Sep 04Cube System Inc. to Report Q2, 2025 Results on Nov 06, 2024Cube System Inc. announced that they will report Q2, 2025 results on Nov 06, 2024Reported Earnings • Aug 10First quarter 2025 earnings released: EPS: JP¥10.43 (vs JP¥15.30 in 1Q 2024)First quarter 2025 results: EPS: JP¥10.43 (down from JP¥15.30 in 1Q 2024). Revenue: JP¥4.41b (flat on 1Q 2024). Net income: JP¥157.0m (down 32% from 1Q 2024). Profit margin: 3.6% (down from 5.3% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 2% per year.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥970, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 5.0% over the past three years.Buy Or Sell Opportunity • Aug 05Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to JP¥970. The fair value is estimated to be JP¥1,279, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.5% over the last 3 years. Earnings per share has grown by 2.7%.Declared Dividend • Jul 11Final dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 3.5%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (41% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 10% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Jun 26Full year 2024 earnings released: EPS: JP¥70.38 (vs JP¥70.31 in FY 2023)Full year 2024 results: EPS: JP¥70.38 (up from JP¥70.31 in FY 2023). Revenue: JP¥18.0b (up 10% from FY 2023). Net income: JP¥1.07b (up 7.9% from FY 2023). Profit margin: 5.9% (down from 6.1% 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 3% per year whereas the company’s share price has increased by 5% per year.공시 • Jun 14Cube System Inc. to Report Q1, 2025 Results on Aug 07, 2024Cube System Inc. announced that they will report Q1, 2025 results on Aug 07, 2024공시 • May 29+ 2 more updatesCube System Inc. Announces Dividend for the Year Ended March 31, 2024, Payable on June 3, 2024; Provides Dividend Guidance for the Second Quarter End of Fiscal Year Ending March 31, 2025Cube System Inc. announced dividend for the year ended March 31, 2024. For the year, the company announced a dividend of ¥20.00 per share compared to ¥27.00 per share (Ordinary dividend of ¥15 and Commemorative of ¥12 per share) a year ago. Scheduled date to commence dividend payments: June 3, 2024. For the second quarter end of fiscal year ending March 31, 2025, the company expects to pay a dividend of ¥20.00 per share compared to ¥15.00 per share a year ago.공시 • May 10Cube System Inc., Annual General Meeting, Jun 21, 2024Cube System Inc., Annual General Meeting, Jun 21, 2024.Reported Earnings • May 09Full year 2024 earnings released: EPS: JP¥70.38 (vs JP¥70.31 in FY 2023)Full year 2024 results: EPS: JP¥70.38 (up from JP¥70.31 in FY 2023). Revenue: JP¥18.0b (up 10% from FY 2023). Net income: JP¥1.07b (up 7.9% from FY 2023). Profit margin: 5.9% (down from 6.1% 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 3% per year whereas the company’s share price has increased by 4% per year.Buy Or Sell Opportunity • Mar 28Now 22% undervaluedThe stock has been flat over the last 90 days, currently trading at JP¥1,095. The fair value is estimated to be JP¥1,399, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has grown by 5.2%.Upcoming Dividend • Mar 21Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 05 June 2024. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).공시 • Mar 03Cube System Inc. to Report Fiscal Year 2024 Results on May 08, 2024Cube System Inc. announced that they will report fiscal year 2024 results on May 08, 2024Reported Earnings • Feb 09Third quarter 2024 earnings released: EPS: JP¥16.95 (vs JP¥17.05 in 3Q 2023)Third quarter 2024 results: EPS: JP¥16.95. Revenue: JP¥4.55b (up 12% from 3Q 2023). Net income: JP¥257.0m (up 7.1% from 3Q 2023). Profit margin: 5.6% (down from 5.9% in 3Q 2023). The decrease in margin was driven by higher expenses.공시 • Dec 03Cube System Inc. to Report Q3, 2024 Results on Feb 07, 2024Cube System Inc. announced that they will report Q3, 2024 results on Feb 07, 2024Reported Earnings • Nov 02Second quarter 2024 earnings released: EPS: JP¥17.74 (vs JP¥15.89 in 2Q 2023)Second quarter 2024 results: EPS: JP¥17.74 (up from JP¥15.89 in 2Q 2023). Revenue: JP¥4.64b (up 16% from 2Q 2023). Net income: JP¥269.0m (up 25% from 2Q 2023). Profit margin: 5.8% (up from 5.4% 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 7% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Upcoming Dividend • Sep 21Upcoming dividend of JP¥15.00 per share at 2.5% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.5%).공시 • Sep 09Cube System Inc. to Report Q2, 2024 Results on Nov 01, 2023Cube System Inc. announced that they will report Q2, 2024 results on Nov 01, 2023Reported Earnings • Aug 03First quarter 2024 earnings released: EPS: JP¥15.30 (vs JP¥12.81 in 1Q 2023)First quarter 2024 results: EPS: JP¥15.30 (up from JP¥12.81 in 1Q 2023). Revenue: JP¥4.38b (up 12% from 1Q 2023). Net income: JP¥232.0m (up 34% from 1Q 2023). Profit margin: 5.3% (up from 4.4% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 5% per year.공시 • Jun 02Cube System Inc. to Report Q1, 2024 Results on Aug 02, 2023Cube System Inc. announced that they will report Q1, 2024 results on Aug 02, 2023공시 • May 31+ 2 more updatesCube System Inc. Provides Dividend Guidance for the Second Quarter Fiscal Year Ending March 31, 2024Cube System Inc. provided dividend guidance for the second quarter fiscal year ending March 31, 2024. For the period, the company expects to pay dividend of JPY 15.00 per share against JPY 11.00 per share paid a year ago.공시 • May 12Cube System Inc., Annual General Meeting, Jun 23, 2023Cube System Inc., Annual General Meeting, Jun 23, 2023.Reported Earnings • May 12Full year 2023 earnings released: EPS: JP¥70.30 (vs JP¥69.78 in FY 2022)Full year 2023 results: EPS: JP¥70.30 (up from JP¥69.78 in FY 2022). Revenue: JP¥16.3b (up 1.4% from FY 2022). Net income: JP¥989.0m (up 4.8% from FY 2022). Profit margin: 6.1% (up from 5.9% in FY 2022). The increase in margin was driven by higher revenue. 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 18% per year.Upcoming Dividend • Mar 23Upcoming dividend of JP¥27.00 per share at 2.2% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 06 June 2023. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).공시 • Feb 17+ 1 more updateCube System Inc. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023Cube System Inc. provided dividend guidance for the fiscal year ending March 31, 2023. For the period, the company expects to pay dividend of JPY 27.00 per share against JPY 15.00 per share paid a year ago.Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥17.05 (vs JP¥18.82 in 3Q 2022)Third quarter 2023 results: EPS: JP¥17.05 (down from JP¥18.82 in 3Q 2022). Revenue: JP¥4.08b (up 2.5% from 3Q 2022). Net income: JP¥240.0m (down 5.5% from 3Q 2022). Profit margin: 5.9% (down from 6.4% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year and the company’s share price has also increased by 14% per year.공시 • Dec 10Cube System Inc. announced that it expects to receive ¥1.6463 billion in funding from Nomura Research Institute, Ltd.Cube System Inc. announced that it has entered into Capital and Business Alliance agreement for raising 1,630,000 common shares at a price of ¥1,010 per share for the gross proceeds of ¥1,646,300,000 on December 8, 2022. The transaction will include participation from Nomura Research Institute, Ltd. The transaction has been approved by the shareholders of the company. The shares are issued through third-party allotment method. The transaction is expected to close on December 27, 2022.공시 • Dec 07Cube System Inc. to Report Q3, 2023 Results on Feb 08, 2023Cube System Inc. announced that they will report Q3, 2023 results on Feb 08, 2023Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Hanae Nagata was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Nov 15+ 1 more updateCube System Inc. Provides Dividend Guidance for the Year Ending March 31, 2023Cube System Inc. provided dividend guidance for the year ending March 31, 2023. For the period, the company expects dividend of JPY 27 per share against JPY 15 per share a year ago.Reported Earnings • Nov 05Second quarter 2023 earnings released: EPS: JP¥15.89 (vs JP¥17.67 in 2Q 2022)Second quarter 2023 results: EPS: JP¥15.89 (down from JP¥17.67 in 2Q 2022). Revenue: JP¥4.00b (down 1.8% from 2Q 2022). Net income: JP¥215.0m (down 10.0% from 2Q 2022). Profit margin: 5.4% (down from 5.9% 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 17% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 22Upcoming dividend of JP¥11.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).공시 • Sep 07Cube System Inc. to Report Q2, 2023 Results on Nov 02, 2022Cube System Inc. announced that they will report Q2, 2023 results on Nov 02, 2022공시 • Aug 17+ 1 more updateCube System Inc. Provides Dividend Guidance for the Second Quarter and Fiscal Year March 31, 2023Cube System Inc. provided dividend guidance for the second quarter and fiscal year March 31, 2023. For the period, the company expected dividend of JPY 23.00 per share as compared to JPY 8.00 per share paid a year ago.For the fiscal year, the company expected dividend of JPY 27.00 per share as compared to JPY 15.00 per share paid a year ago.Reported Earnings • Aug 04First quarter 2023 earnings released: EPS: JP¥12.81 (vs JP¥19.28 in 1Q 2022)First quarter 2023 results: EPS: JP¥12.81 (down from JP¥19.28 in 1Q 2022). Revenue: JP¥3.89b (down 2.4% from 1Q 2022). Net income: JP¥173.0m (down 34% from 1Q 2022). Profit margin: 4.4% (down from 6.6% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.공시 • Jun 08Cube System Inc. to Report Q1, 2023 Results on Aug 03, 2022Cube System Inc. announced that they will report Q1, 2023 results on Aug 03, 2022공시 • May 31+ 2 more updatesCube System Inc. Provides Consolidated Earnings Guidance for Six Months Ending September 30, 2022 and Full Year Ending March 31, 2023Cube System Inc. provided consolidated earnings guidance for six months ending September 30, 2022 and full year ending March 31, 2023. For the period, the company expected net sales of JPY 8,155 million, operating profit of JPY 749 million, Profit attributable to owners of parent of JPY 505 million or EPS of JPY 37.33.For the full year, the company expected net sales of JPY 17,300 million, operating profit of JPY 1,530 million, Profit attributable to owners of parent of JPY 1,000 million or EPS of JPY 73.91.Reported Earnings • May 13Full year 2022 earnings released: EPS: JP¥69.77 (vs JP¥62.11 in FY 2021)Full year 2022 results: EPS: JP¥69.77 (up from JP¥62.11 in FY 2021). Revenue: JP¥16.1b (up 8.9% from FY 2021). Net income: JP¥944.0m (up 12% from FY 2021). Profit margin: 5.9% (up from 5.7% 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 22% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.공시 • May 13Cube System Inc., Annual General Meeting, Jun 24, 2022Cube System Inc., Annual General Meeting, Jun 24, 2022.Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Hidee Nagata was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.공시 • Apr 07Cube System Inc. to Report Fiscal Year 2022 Results on May 11, 2022Cube System Inc. announced that they will report fiscal year 2022 results on May 11, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 03 June 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%).지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 2335 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: 2335 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Cube System 배당 수익률 vs 시장2335의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (2335)4.3%시장 하위 25% (JP)1.7%시장 상위 25% (JP)3.7%업계 평균 (IT)1.9%분석가 예측 (2335) (최대 3년)n/a주목할만한 배당금: 2335 의 배당금( 4.26% )은 JP 시장에서 배당금 지급자의 하위 25%( 1.72% )보다 높습니다.고배당: 2335 의 배당금( 4.26% )은 JP 시장( 3.74% )주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 42.1% )로 2335 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 154.9% )이 높기 때문에 2335 의 배당금 지급은 현금 흐름으로 잘 충당되지 않습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YJP 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/24 06:33종가2026/05/22 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 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 소스Cube System Inc.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.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥22.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 08 June 2026. Payout ratio is a comfortable 42% but the company is paying out more than the cash it is generating. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.8%).
Declared Dividend • Dec 03First half dividend of JP¥22.00 announcedShareholders will receive a dividend of JP¥22.00. Ex-date: 30th March 2026 Payment date: 8th June 2026 Dividend yield will be 3.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (52% earnings payout ratio) but not covered by cash flows (101% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 8.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
분석 기사 • Sep 21Cube System (TSE:2335) Has Affirmed Its Dividend Of ¥20.00Cube System Inc. ( TSE:2335 ) will pay a dividend of ¥20.00 on the 3rd of December. The dividend yield will be 3.5...
분석 기사 • Sep 04Cube System (TSE:2335) Has Affirmed Its Dividend Of ¥20.00Cube System Inc.'s ( TSE:2335 ) investors are due to receive a payment of ¥20.00 per share on 3rd of December. This...
분석 기사 • Aug 07Cube System's (TSE:2335) Dividend Will Be ¥20.00The board of Cube System Inc. ( TSE:2335 ) has announced that it will pay a dividend of ¥20.00 per share on the 3rd of...
분석 기사 • Jul 24Cube System (TSE:2335) Has Announced A Dividend Of ¥20.00Cube System Inc. ( TSE:2335 ) will pay a dividend of ¥20.00 on the 3rd of December. This means the annual payment is...
분석 기사 • May 15Concerns Surrounding Cube System's (TSE:2335) PerformanceCube System Inc.'s ( TSE:2335 ) healthy profit numbers didn't contain any surprises for investors. We think this is due...
New Risk • May 09New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risks Dividend is not well covered by cash flows (155% cash payout ratio). Market cap is less than US$100m (JP¥15.4b market cap, or US$98.3m).
Reported Earnings • May 08Full year 2026 earnings released: EPS: JP¥103 (vs JP¥83.79 in FY 2025)Full year 2026 results: EPS: JP¥103 (up from JP¥83.79 in FY 2025). Revenue: JP¥18.5b (flat on FY 2025). Net income: JP¥1.56b (up 24% from FY 2025). Profit margin: 8.5% (up from 6.9% in FY 2025). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
공시 • May 07Cube System Inc., Annual General Meeting, Jun 25, 2026Cube System Inc., Annual General Meeting, Jun 25, 2026.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥22.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 08 June 2026. Payout ratio is a comfortable 42% but the company is paying out more than the cash it is generating. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.8%).
New Risk • Mar 05New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.7b (US$100.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (101% cash payout ratio). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥15.7b market cap, or US$100.0m).
Reported Earnings • Feb 05Third quarter 2026 earnings released: EPS: JP¥34.39 (vs JP¥16.07 in 3Q 2025)Third quarter 2026 results: EPS: JP¥34.39 (up from JP¥16.07 in 3Q 2025). Revenue: JP¥4.62b (flat on 3Q 2025). Net income: JP¥522.0m (up 116% from 3Q 2025). Profit margin: 11% (up from 5.2% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
공시 • Dec 03+ 3 more updatesCube System Inc. to Report Q2, 2027 Results on Nov 05, 2026Cube System Inc. announced that they will report Q2, 2027 results on Nov 05, 2026
Declared Dividend • Dec 03First half dividend of JP¥22.00 announcedShareholders will receive a dividend of JP¥22.00. Ex-date: 30th March 2026 Payment date: 8th June 2026 Dividend yield will be 3.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (52% earnings payout ratio) but not covered by cash flows (101% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 8.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 07Second quarter 2026 earnings released: EPS: JP¥23.48 (vs JP¥33.59 in 2Q 2025)Second quarter 2026 results: EPS: JP¥23.48 (down from JP¥33.59 in 2Q 2025). Revenue: JP¥4.60b (flat on 2Q 2025). Net income: JP¥355.0m (down 30% from 2Q 2025). Profit margin: 7.7% (down from 11% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
분석 기사 • Sep 21Cube System (TSE:2335) Has Affirmed Its Dividend Of ¥20.00Cube System Inc. ( TSE:2335 ) will pay a dividend of ¥20.00 on the 3rd of December. The dividend yield will be 3.5...
분석 기사 • Sep 04Cube System (TSE:2335) Has Affirmed Its Dividend Of ¥20.00Cube System Inc.'s ( TSE:2335 ) investors are due to receive a payment of ¥20.00 per share on 3rd of December. This...
Reported Earnings • Aug 08First quarter 2026 earnings released: EPS: JP¥13.28 (vs JP¥10.43 in 1Q 2025)First quarter 2026 results: EPS: JP¥13.28 (up from JP¥10.43 in 1Q 2025). Revenue: JP¥4.55b (up 3.1% from 1Q 2025). Net income: JP¥200.0m (up 27% from 1Q 2025). Profit margin: 4.4% (up from 3.6% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 6% per year.
분석 기사 • Aug 07Cube System's (TSE:2335) Dividend Will Be ¥20.00The board of Cube System Inc. ( TSE:2335 ) has announced that it will pay a dividend of ¥20.00 per share on the 3rd of...
분석 기사 • Jul 24Cube System (TSE:2335) Has Announced A Dividend Of ¥20.00Cube System Inc. ( TSE:2335 ) will pay a dividend of ¥20.00 on the 3rd of December. This means the annual payment is...
Board Change • Jul 10Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Takefumi Saito was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
분석 기사 • Jul 10Cube System (TSE:2335) Is Due To Pay A Dividend Of ¥20.00The board of Cube System Inc. ( TSE:2335 ) has announced that it will pay a dividend on the 3rd of December, with...
Declared Dividend • Jul 09Final dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 3.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (50% earnings payout ratio) but not covered by cash flows (293% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Jul 02+ 1 more updateCube System Inc. to Report Q3, 2026 Results on Feb 04, 2026Cube System Inc. announced that they will report Q3, 2026 results on Feb 04, 2026
공시 • Jun 12Cube System Inc. to Report Q1, 2026 Results on Aug 06, 2025Cube System Inc. announced that they will report Q1, 2026 results on Aug 06, 2025
공시 • May 30+ 2 more updatesCube System Inc. Provides consolidated Earnings Forecasts for the Six Months Ending September 30, 2025 and Full Year Ending March 31, 2026Cube System Inc. provided consolidated earnings forecasts for the six months ending September 30, 2025 and full year Ending March 31, 2026. For the six months, the company expects net sales of JPY 9,300 million, operating profit of JPY 540 million, profit attributable to owners of parent of JPY 460 million, and earnings per share of JPY 30.21. For the full year ending March 31, 2026,the company expects net sales of JPY 19,500 million, operating profit of JPY 1,750 million,profit attributable to owners of parent of JPY 1,220 million, and earnings per share of JPY 80.13.
분석 기사 • May 15Cube System's (TSE:2335) Earnings Are Weaker Than They SeemUnsurprisingly, Cube System Inc.'s ( TSE:2335 ) stock price was strong on the back of its healthy earnings report...
New Risk • May 10New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 25% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risk Dividend is not well covered by cash flows (279% cash payout ratio).
Reported Earnings • May 09Full year 2025 earnings released: EPS: JP¥83.79 (vs JP¥70.38 in FY 2024)Full year 2025 results: EPS: JP¥83.79 (up from JP¥70.38 in FY 2024). Revenue: JP¥18.4b (up 1.8% from FY 2024). Net income: JP¥1.26b (up 18% from FY 2024). Profit margin: 6.9% (up from 5.9% in FY 2024). Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 6% per year.
공시 • May 08Cube System Inc., Annual General Meeting, Jun 26, 2025Cube System Inc., Annual General Meeting, Jun 26, 2025.
New Risk • Apr 04New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.5b (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (241% cash payout ratio). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥14.5b market cap, or US$99.9m).
Upcoming Dividend • Mar 21Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 03 June 2025. Payout ratio is a comfortable 50% but the company is paying out more than the cash it is generating. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.4%).
분석 기사 • Mar 15Cube System (TSE:2335) Is Due To Pay A Dividend Of ¥20.00The board of Cube System Inc. ( TSE:2335 ) has announced that it will pay a dividend of ¥20.00 per share on the 3rd of...
공시 • Mar 11Cube System Inc. to Report Fiscal Year 2025 Results on May 08, 2025Cube System Inc. announced that they will report fiscal year 2025 results on May 08, 2025
분석 기사 • Mar 01Cube System's (TSE:2335) Dividend Will Be ¥20.00Cube System Inc. ( TSE:2335 ) has announced that it will pay a dividend of ¥20.00 per share on the 3rd of June. Based...
분석 기사 • Feb 14Cube System's (TSE:2335) Dividend Will Be ¥20.00Cube System Inc.'s ( TSE:2335 ) investors are due to receive a payment of ¥20.00 per share on 3rd of June. The dividend...
공시 • Feb 14Cube System Inc. Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2025Cube System Inc. provided consolidated earnings guidance for the full year ending March 31, 2025. For the year, the company expects net sales of JPY 18,300 million, operating profit of JPY 1,300 million, profit attributable to owners of parent of JPY 1,210 million and earnings per share of JPY 80.40.
Reported Earnings • Feb 07Third quarter 2025 earnings released: EPS: JP¥16.07 (vs JP¥16.95 in 3Q 2024)Third quarter 2025 results: EPS: JP¥16.07 (down from JP¥16.95 in 3Q 2024). Revenue: JP¥4.63b (up 1.8% from 3Q 2024). Net income: JP¥242.0m (down 5.8% from 3Q 2024). Profit margin: 5.2% (down from 5.6% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 2% per year.
New Risk • Jan 07New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.7b (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (27% accrual ratio). Minor Risks Dividend is not well covered by cash flows (241% cash payout ratio). Market cap is less than US$100m (JP¥15.7b market cap, or US$99.6m).
공시 • Dec 05Cube System Inc. to Report Q3, 2025 Results on Feb 05, 2025Cube System Inc. announced that they will report Q3, 2025 results on Feb 05, 2025
분석 기사 • Dec 04Cube System (TSE:2335) Has Announced A Dividend Of ¥20.00The board of Cube System Inc. ( TSE:2335 ) has announced that it will pay a dividend of ¥20.00 per share on the 3rd of...
Declared Dividend • Dec 04First half dividend of JP¥20.00 announcedDividend of JP¥20.00 is the same as last year. Ex-date: 28th March 2025 Payment date: 3rd June 2025 Dividend yield will be 3.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (49% earnings payout ratio) but not covered by cash flows (241% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
분석 기사 • Nov 13Cube System (TSE:2335) Is Posting Healthy Earnings, But It Is Not All Good NewsDespite posting strong earnings, Cube System Inc.'s ( TSE:2335 ) stock didn't move much over the last week. We decided...
New Risk • Nov 09New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 27% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (27% accrual ratio). Minor Risk Dividend is not well covered by cash flows (240% cash payout ratio).
Reported Earnings • Nov 08Second quarter 2025 earnings released: EPS: JP¥33.59 (vs JP¥17.74 in 2Q 2024)Second quarter 2025 results: EPS: JP¥33.59 (up from JP¥17.74 in 2Q 2024). Revenue: JP¥4.61b (flat on 2Q 2024). Net income: JP¥505.0m (up 88% from 2Q 2024). Profit margin: 11% (up from 5.8% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year.
New Risk • Oct 10New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.9b (US$100.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥14.9b market cap, or US$100.0m).
Upcoming Dividend • Sep 20Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%).
공시 • Sep 04Cube System Inc. to Report Q2, 2025 Results on Nov 06, 2024Cube System Inc. announced that they will report Q2, 2025 results on Nov 06, 2024
Reported Earnings • Aug 10First quarter 2025 earnings released: EPS: JP¥10.43 (vs JP¥15.30 in 1Q 2024)First quarter 2025 results: EPS: JP¥10.43 (down from JP¥15.30 in 1Q 2024). Revenue: JP¥4.41b (flat on 1Q 2024). Net income: JP¥157.0m (down 32% from 1Q 2024). Profit margin: 3.6% (down from 5.3% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 2% per year.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥970, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 5.0% over the past three years.
Buy Or Sell Opportunity • Aug 05Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to JP¥970. The fair value is estimated to be JP¥1,279, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.5% over the last 3 years. Earnings per share has grown by 2.7%.
Declared Dividend • Jul 11Final dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 3.5%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (41% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 10% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jun 26Full year 2024 earnings released: EPS: JP¥70.38 (vs JP¥70.31 in FY 2023)Full year 2024 results: EPS: JP¥70.38 (up from JP¥70.31 in FY 2023). Revenue: JP¥18.0b (up 10% from FY 2023). Net income: JP¥1.07b (up 7.9% from FY 2023). Profit margin: 5.9% (down from 6.1% 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 3% per year whereas the company’s share price has increased by 5% per year.
공시 • Jun 14Cube System Inc. to Report Q1, 2025 Results on Aug 07, 2024Cube System Inc. announced that they will report Q1, 2025 results on Aug 07, 2024
공시 • May 29+ 2 more updatesCube System Inc. Announces Dividend for the Year Ended March 31, 2024, Payable on June 3, 2024; Provides Dividend Guidance for the Second Quarter End of Fiscal Year Ending March 31, 2025Cube System Inc. announced dividend for the year ended March 31, 2024. For the year, the company announced a dividend of ¥20.00 per share compared to ¥27.00 per share (Ordinary dividend of ¥15 and Commemorative of ¥12 per share) a year ago. Scheduled date to commence dividend payments: June 3, 2024. For the second quarter end of fiscal year ending March 31, 2025, the company expects to pay a dividend of ¥20.00 per share compared to ¥15.00 per share a year ago.
공시 • May 10Cube System Inc., Annual General Meeting, Jun 21, 2024Cube System Inc., Annual General Meeting, Jun 21, 2024.
Reported Earnings • May 09Full year 2024 earnings released: EPS: JP¥70.38 (vs JP¥70.31 in FY 2023)Full year 2024 results: EPS: JP¥70.38 (up from JP¥70.31 in FY 2023). Revenue: JP¥18.0b (up 10% from FY 2023). Net income: JP¥1.07b (up 7.9% from FY 2023). Profit margin: 5.9% (down from 6.1% 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 3% per year whereas the company’s share price has increased by 4% per year.
Buy Or Sell Opportunity • Mar 28Now 22% undervaluedThe stock has been flat over the last 90 days, currently trading at JP¥1,095. The fair value is estimated to be JP¥1,399, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has grown by 5.2%.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 05 June 2024. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).
공시 • Mar 03Cube System Inc. to Report Fiscal Year 2024 Results on May 08, 2024Cube System Inc. announced that they will report fiscal year 2024 results on May 08, 2024
Reported Earnings • Feb 09Third quarter 2024 earnings released: EPS: JP¥16.95 (vs JP¥17.05 in 3Q 2023)Third quarter 2024 results: EPS: JP¥16.95. Revenue: JP¥4.55b (up 12% from 3Q 2023). Net income: JP¥257.0m (up 7.1% from 3Q 2023). Profit margin: 5.6% (down from 5.9% in 3Q 2023). The decrease in margin was driven by higher expenses.
공시 • Dec 03Cube System Inc. to Report Q3, 2024 Results on Feb 07, 2024Cube System Inc. announced that they will report Q3, 2024 results on Feb 07, 2024
Reported Earnings • Nov 02Second quarter 2024 earnings released: EPS: JP¥17.74 (vs JP¥15.89 in 2Q 2023)Second quarter 2024 results: EPS: JP¥17.74 (up from JP¥15.89 in 2Q 2023). Revenue: JP¥4.64b (up 16% from 2Q 2023). Net income: JP¥269.0m (up 25% from 2Q 2023). Profit margin: 5.8% (up from 5.4% 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 7% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥15.00 per share at 2.5% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.5%).
공시 • Sep 09Cube System Inc. to Report Q2, 2024 Results on Nov 01, 2023Cube System Inc. announced that they will report Q2, 2024 results on Nov 01, 2023
Reported Earnings • Aug 03First quarter 2024 earnings released: EPS: JP¥15.30 (vs JP¥12.81 in 1Q 2023)First quarter 2024 results: EPS: JP¥15.30 (up from JP¥12.81 in 1Q 2023). Revenue: JP¥4.38b (up 12% from 1Q 2023). Net income: JP¥232.0m (up 34% from 1Q 2023). Profit margin: 5.3% (up from 4.4% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 5% per year.
공시 • Jun 02Cube System Inc. to Report Q1, 2024 Results on Aug 02, 2023Cube System Inc. announced that they will report Q1, 2024 results on Aug 02, 2023
공시 • May 31+ 2 more updatesCube System Inc. Provides Dividend Guidance for the Second Quarter Fiscal Year Ending March 31, 2024Cube System Inc. provided dividend guidance for the second quarter fiscal year ending March 31, 2024. For the period, the company expects to pay dividend of JPY 15.00 per share against JPY 11.00 per share paid a year ago.
공시 • May 12Cube System Inc., Annual General Meeting, Jun 23, 2023Cube System Inc., Annual General Meeting, Jun 23, 2023.
Reported Earnings • May 12Full year 2023 earnings released: EPS: JP¥70.30 (vs JP¥69.78 in FY 2022)Full year 2023 results: EPS: JP¥70.30 (up from JP¥69.78 in FY 2022). Revenue: JP¥16.3b (up 1.4% from FY 2022). Net income: JP¥989.0m (up 4.8% from FY 2022). Profit margin: 6.1% (up from 5.9% in FY 2022). The increase in margin was driven by higher revenue. 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 18% per year.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥27.00 per share at 2.2% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 06 June 2023. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).
공시 • Feb 17+ 1 more updateCube System Inc. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023Cube System Inc. provided dividend guidance for the fiscal year ending March 31, 2023. For the period, the company expects to pay dividend of JPY 27.00 per share against JPY 15.00 per share paid a year ago.
Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥17.05 (vs JP¥18.82 in 3Q 2022)Third quarter 2023 results: EPS: JP¥17.05 (down from JP¥18.82 in 3Q 2022). Revenue: JP¥4.08b (up 2.5% from 3Q 2022). Net income: JP¥240.0m (down 5.5% from 3Q 2022). Profit margin: 5.9% (down from 6.4% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year and the company’s share price has also increased by 14% per year.
공시 • Dec 10Cube System Inc. announced that it expects to receive ¥1.6463 billion in funding from Nomura Research Institute, Ltd.Cube System Inc. announced that it has entered into Capital and Business Alliance agreement for raising 1,630,000 common shares at a price of ¥1,010 per share for the gross proceeds of ¥1,646,300,000 on December 8, 2022. The transaction will include participation from Nomura Research Institute, Ltd. The transaction has been approved by the shareholders of the company. The shares are issued through third-party allotment method. The transaction is expected to close on December 27, 2022.
공시 • Dec 07Cube System Inc. to Report Q3, 2023 Results on Feb 08, 2023Cube System Inc. announced that they will report Q3, 2023 results on Feb 08, 2023
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Hanae Nagata was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Nov 15+ 1 more updateCube System Inc. Provides Dividend Guidance for the Year Ending March 31, 2023Cube System Inc. provided dividend guidance for the year ending March 31, 2023. For the period, the company expects dividend of JPY 27 per share against JPY 15 per share a year ago.
Reported Earnings • Nov 05Second quarter 2023 earnings released: EPS: JP¥15.89 (vs JP¥17.67 in 2Q 2022)Second quarter 2023 results: EPS: JP¥15.89 (down from JP¥17.67 in 2Q 2022). Revenue: JP¥4.00b (down 1.8% from 2Q 2022). Net income: JP¥215.0m (down 10.0% from 2Q 2022). Profit margin: 5.4% (down from 5.9% 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 17% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥11.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).
공시 • Sep 07Cube System Inc. to Report Q2, 2023 Results on Nov 02, 2022Cube System Inc. announced that they will report Q2, 2023 results on Nov 02, 2022
공시 • Aug 17+ 1 more updateCube System Inc. Provides Dividend Guidance for the Second Quarter and Fiscal Year March 31, 2023Cube System Inc. provided dividend guidance for the second quarter and fiscal year March 31, 2023. For the period, the company expected dividend of JPY 23.00 per share as compared to JPY 8.00 per share paid a year ago.For the fiscal year, the company expected dividend of JPY 27.00 per share as compared to JPY 15.00 per share paid a year ago.
Reported Earnings • Aug 04First quarter 2023 earnings released: EPS: JP¥12.81 (vs JP¥19.28 in 1Q 2022)First quarter 2023 results: EPS: JP¥12.81 (down from JP¥19.28 in 1Q 2022). Revenue: JP¥3.89b (down 2.4% from 1Q 2022). Net income: JP¥173.0m (down 34% from 1Q 2022). Profit margin: 4.4% (down from 6.6% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
공시 • Jun 08Cube System Inc. to Report Q1, 2023 Results on Aug 03, 2022Cube System Inc. announced that they will report Q1, 2023 results on Aug 03, 2022
공시 • May 31+ 2 more updatesCube System Inc. Provides Consolidated Earnings Guidance for Six Months Ending September 30, 2022 and Full Year Ending March 31, 2023Cube System Inc. provided consolidated earnings guidance for six months ending September 30, 2022 and full year ending March 31, 2023. For the period, the company expected net sales of JPY 8,155 million, operating profit of JPY 749 million, Profit attributable to owners of parent of JPY 505 million or EPS of JPY 37.33.For the full year, the company expected net sales of JPY 17,300 million, operating profit of JPY 1,530 million, Profit attributable to owners of parent of JPY 1,000 million or EPS of JPY 73.91.
Reported Earnings • May 13Full year 2022 earnings released: EPS: JP¥69.77 (vs JP¥62.11 in FY 2021)Full year 2022 results: EPS: JP¥69.77 (up from JP¥62.11 in FY 2021). Revenue: JP¥16.1b (up 8.9% from FY 2021). Net income: JP¥944.0m (up 12% from FY 2021). Profit margin: 5.9% (up from 5.7% 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 22% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
공시 • May 13Cube System Inc., Annual General Meeting, Jun 24, 2022Cube System Inc., Annual General Meeting, Jun 24, 2022.
Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Hidee Nagata was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
공시 • Apr 07Cube System Inc. to Report Fiscal Year 2022 Results on May 11, 2022Cube System Inc. announced that they will report fiscal year 2022 results on May 11, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 03 June 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%).