Upcoming Dividend • Mar 23
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (1.8%). Buy Or Sell Opportunity • Feb 16
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.4% to JP¥340. The fair value is estimated to be JP¥429, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Meanwhile, the company has become profitable. Declared Dividend • Nov 17
Dividend of JP¥5.00 announced Shareholders will receive a dividend of JP¥5.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 1.5%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (15% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. 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. Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to JP¥394, the stock trades at a trailing P/E ratio of 29.2x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 39% over the past three years. 공지 • Sep 03
SecuAvail Inc. to Report Q3, 2026 Results on Feb 13, 2026 SecuAvail Inc. announced that they will report Q3, 2026 results on Feb 13, 2026 Reported Earnings • Aug 16
First quarter 2026 earnings released: EPS: JP¥3.64 (vs JP¥4.16 loss in 1Q 2025) First quarter 2026 results: EPS: JP¥3.64 (up from JP¥4.16 loss in 1Q 2025). Revenue: JP¥315.0m (up 38% from 1Q 2025). Net income: JP¥28.0m (up JP¥60.0m from 1Q 2025). Profit margin: 8.9% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. New Risk • Jul 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.0% 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 (6.0% average weekly change). Profit margins are more than 30% lower than last year (3.7% net profit margin). Market cap is less than US$100m (JP¥2.55b market cap, or US$17.4m). Reported Earnings • May 19
Full year 2025 earnings released: EPS: JP¥5.46 (vs JP¥29.65 in FY 2024) Full year 2025 results: EPS: JP¥5.46 (down from JP¥29.65 in FY 2024). Revenue: JP¥1.15b (up 4.6% from FY 2024). Net income: JP¥42.0m (down 82% from FY 2024). Profit margin: 3.7% (down from 21% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. 공지 • May 15
SecuAvail Inc., Annual General Meeting, Jun 26, 2025 SecuAvail Inc., Annual General Meeting, Jun 26, 2025. 공지 • Mar 26
SecuAvail Inc. to Report Fiscal Year 2025 Results on May 14, 2025 SecuAvail Inc. announced that they will report fiscal year 2025 results on May 14, 2025 Reported Earnings • Feb 17
Third quarter 2025 earnings released: EPS: JP¥5.85 (vs JP¥4.94 in 3Q 2024) Third quarter 2025 results: EPS: JP¥5.85 (up from JP¥4.94 in 3Q 2024). Revenue: JP¥367.0m (up 20% from 3Q 2024). Net income: JP¥45.0m (up 18% from 3Q 2024). Profit margin: 12% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. 공지 • Dec 14
SecuAvail Inc. to Report Q3, 2025 Results on Feb 14, 2025 SecuAvail Inc. announced that they will report Q3, 2025 results on Feb 14, 2025 New Risk • Sep 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (JP¥2.40b market cap, or US$16.8m). 공지 • Aug 27
SecuAvail Inc. to Report Q2, 2025 Results on Nov 14, 2024 SecuAvail Inc. announced that they will report Q2, 2025 results on Nov 14, 2024 Reported Earnings • Aug 19
First quarter 2025 earnings released: JP¥4.16 loss per share (vs JP¥5.07 loss in 1Q 2024) First quarter 2025 results: JP¥4.16 loss per share (improved from JP¥5.07 loss in 1Q 2024). Revenue: JP¥229.0m (down 5.0% from 1Q 2024). Net loss: JP¥32.0m (loss narrowed 18% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. New Risk • Aug 02
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.4% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (JP¥2.20b market cap, or US$14.8m). Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥286, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 1.0% over the past three years. New Risk • Jul 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.9% 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 (5.9% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥2.65b market cap, or US$16.4m). Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥345, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 1.2% over the past three years. 공지 • Jun 28
SecuAvail Inc. to Report Q1, 2025 Results on Aug 14, 2024 SecuAvail Inc. announced that they will report Q1, 2025 results on Aug 14, 2024 Reported Earnings • May 21
Full year 2024 earnings released: EPS: JP¥29.65 (vs JP¥5.72 loss in FY 2023) Full year 2024 results: EPS: JP¥29.65 (up from JP¥5.72 loss in FY 2023). Revenue: JP¥1.10b (up 6.7% from FY 2023). Net income: JP¥228.0m (up JP¥272.0m from FY 2023). Profit margin: 21% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. 공지 • May 17
SecuAvail Inc., Annual General Meeting, Jun 27, 2024 SecuAvail Inc., Annual General Meeting, Jun 27, 2024. 공지 • Mar 02
SecuAvail Inc. to Report Fiscal Year 2024 Results on May 15, 2024 SecuAvail Inc. announced that they will report fiscal year 2024 results on May 15, 2024 Reported Earnings • Feb 17
Third quarter 2024 earnings released: EPS: JP¥4.94 (vs JP¥1.95 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥4.94 (up from JP¥1.95 loss in 3Q 2023). Revenue: JP¥306.0m (up 19% from 3Q 2023). Net income: JP¥38.0m (up JP¥53.0m from 3Q 2023). Profit margin: 12% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment improves as stock rises 35% After last week's 35% share price gain to JP¥395, the stock trades at a trailing P/E ratio of 13.7x. Average trailing P/E is 19x in the IT industry in Japan. Total returns to shareholders of 20% over the past three years. 공지 • Dec 17
SecuAvail Inc. to Report Q3, 2024 Results on Feb 14, 2024 SecuAvail Inc. announced that they will report Q3, 2024 results on Feb 14, 2024 Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥328, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 6.8% over the past three years. Reported Earnings • Nov 20
Second quarter 2024 earnings released: EPS: JP¥33.94 (vs JP¥0.65 loss in 2Q 2023) Second quarter 2024 results: EPS: JP¥33.94 (up from JP¥0.65 loss in 2Q 2023). Revenue: JP¥269.0m (down 2.9% from 2Q 2023). Net income: JP¥261.0m (up JP¥266.0m from 2Q 2023). Profit margin: 97% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. 공지 • Sep 14
SecuAvail Inc. to Report Q2, 2024 Results on Nov 14, 2023 SecuAvail Inc. announced that they will report Q2, 2024 results on Nov 14, 2023 Reported Earnings • Aug 17
First quarter 2024 earnings released: JP¥5.07 loss per share (vs JP¥4.94 loss in 1Q 2023) First quarter 2024 results: JP¥5.07 loss per share (further deteriorated from JP¥4.94 loss in 1Q 2023). Revenue: JP¥241.0m (up 7.1% from 1Q 2023). Net loss: JP¥39.0m (loss widened 2.6% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. 공지 • Jun 30
SecuAvail Inc. to Report Q1, 2024 Results on Aug 14, 2023 SecuAvail Inc. announced that they will report Q1, 2024 results on Aug 14, 2023 Reported Earnings • May 20
Full year 2023 earnings released: JP¥5.72 loss per share (vs JP¥14.44 loss in FY 2022) Full year 2023 results: JP¥5.72 loss per share (improved from JP¥14.44 loss in FY 2022). Revenue: JP¥1.03b (up 7.5% from FY 2022). Net loss: JP¥44.0m (loss narrowed 60% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 16
Third quarter 2023 earnings released: JP¥1.95 loss per share (vs JP¥4.16 loss in 3Q 2022) Third quarter 2023 results: JP¥1.95 loss per share (improved from JP¥4.16 loss in 3Q 2022). Revenue: JP¥258.0m (down 2.3% from 3Q 2022). Net loss: JP¥15.0m (loss narrowed 53% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. 공지 • Dec 17
SecuAvail Inc. to Report Q3, 2023 Results on Feb 14, 2023 SecuAvail Inc. announced that they will report Q3, 2023 results on Feb 14, 2023 Reported Earnings • Nov 17
Second quarter 2023 earnings released: JP¥0.65 loss per share (vs JP¥2.73 loss in 2Q 2022) Second quarter 2023 results: JP¥0.65 loss per share (improved from JP¥2.73 loss in 2Q 2022). Revenue: JP¥277.0m (up 13% from 2Q 2022). Net loss: JP¥5.00m (loss narrowed 76% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 7 highly experienced directors. No independent directors (6 non-independent directors). External Director Shinichi Kanazawa was the last director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. 공지 • Sep 09
SecuAvail Inc. to Report Q2, 2023 Results on Nov 14, 2022 SecuAvail Inc. announced that they will report Q2, 2023 results on Nov 14, 2022 Reported Earnings • Aug 15
First quarter 2023 earnings released: JP¥4.94 loss per share (vs JP¥6.24 loss in 1Q 2022) First quarter 2023 results: JP¥4.94 loss per share (up from JP¥6.24 loss in 1Q 2022). Revenue: JP¥225.0m (up 9.8% from 1Q 2022). Net loss: JP¥38.0m (loss narrowed 21% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. 공지 • Jun 22
SecuAvail Inc. to Report Q1, 2023 Results on Aug 12, 2022 SecuAvail Inc. announced that they will report Q1, 2023 results on Aug 12, 2022 Reported Earnings • May 19
Full year 2022 earnings released: JP¥14.44 loss per share (vs JP¥6.03 profit in FY 2021) Full year 2022 results: JP¥14.44 loss per share (down from JP¥6.03 profit in FY 2021). Revenue: JP¥957.0m (down 20% from FY 2021). Net loss: JP¥111.0m (down 341% from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. 공지 • May 18
SecuAvail Inc., Annual General Meeting, Jun 23, 2022 SecuAvail Inc., Annual General Meeting, Jun 23, 2022. Agenda: General meeting of shareholders. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 7 highly experienced directors. No independent directors (6 non-independent directors). External Director Shinichi Kanazawa was the last director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. 공지 • Apr 08
SecuAvail Inc. to Report Fiscal Year 2022 Results on May 13, 2022 SecuAvail Inc. announced that they will report fiscal year 2022 results on May 13, 2022 Reported Earnings • Nov 16
Second quarter 2022 earnings released: JP¥2.73 loss per share (vs JP¥1.04 profit in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2022 results: Revenue: JP¥246.0m (down 29% from 2Q 2021). Net loss: JP¥21.0m (down 363% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 19% per year. Reported Earnings • Aug 18
First quarter 2022 earnings released: JP¥6.24 loss per share (vs JP¥0.67 loss in 1Q 2021) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2022 results: Revenue: JP¥205.0m (down 27% from 1Q 2021). Net loss: JP¥48.0m (loss widened JP¥43.0m from 1Q 2021). 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 22% per year, which means it is significantly lagging earnings. Reported Earnings • May 17
Full year 2021 earnings released: EPS JP¥12.06 (vs JP¥8.28 in FY 2020) The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: JP¥1.20b (flat on FY 2020). Net income: JP¥46.0m (down 18% from FY 2020). Profit margin: 3.8% (down from 4.7% in FY 2020). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥745, the stock trades at a trailing P/E ratio of 34x, up from the previous P/E ratio of 29.2x. Average P/E is 29x in the IT industry in Japan. Total return to shareholders over the past three years was a loss of 24%. Is New 90 Day High Low • Mar 15
New 90-day high: JP¥685 The company is up 5.0% from a price of JP¥654 on 15 December 2020. Underperformed the Japanese market, which is up 9.0% over the last 90 days. Lagged the IT industry, which is up 6.0% over the same period. Reported Earnings • Feb 14
Third quarter 2021 earnings released: EPS JP¥11.96 (vs JP¥6.21 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥338.0m (up 13% from 3Q 2020). Net income: JP¥46.0m (up 119% from 3Q 2020). Profit margin: 14% (up from 7.0% 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 51% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. 공지 • Jan 31
The ASTEC Consulting Group, Inc. agreed to acquire INSITE Corp. from SecuAvail Inc. (JASDAQ:3042). The ASTEC Consulting Group, Inc. agreed to acquire INSITE Corp. from SecuAvail Inc. (JASDAQ:3042) on January 29, 2021. In the disposal, SecuAvail Inc. will dispose of 820 shares. The transaction is expected to close and payment is made on February 12, 2021. 공지 • Dec 30
SecuAvail Inc. to Report Q3, 2021 Results on Feb 12, 2021 SecuAvail Inc. announced that they will report Q3, 2021 results on Feb 12, 2021 Is New 90 Day High Low • Dec 23
New 90-day low: JP¥630 The company is down 18% from its price of JP¥764 on 24 September 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 3.0% over the same period. Is New 90 Day High Low • Dec 03
New 90-day low: JP¥685 The company is down 2.0% from its price of JP¥700 on 04 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 7.0% over the same period. Reported Earnings • Nov 19
Second quarter 2021 earnings released: EPS JP¥2.08 The company reported a soft second quarter result with weaker earnings and profit margins, although revenues were improved. Second quarter 2021 results: Revenue: JP¥345.0m (up 24% from 2Q 2020). Net income: JP¥8.00m (down 11% from 2Q 2020). Profit margin: 2.3% (down from 3.2% in 2Q 2020). The decrease in margin was driven by higher expenses. Is New 90 Day High Low • Sep 29
New 90-day high: JP¥795 The company is up 4.0% from its price of JP¥767 on 01 July 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 11% over the same period. 공지 • Sep 03
SecuAvail Inc. to Report Q2, 2021 Results on Nov 13, 2020 SecuAvail Inc. announced that they will report Q2, 2021 results on Nov 13, 2020