View Future GrowthCELSYS 과거 순이익 실적과거 기준 점검 3/6CELSYS은 연평균 32.4%의 비율로 수입이 증가해 온 반면, Software 산업은 수입이 13.5% 증가했습니다. 매출은 연평균 6.8%의 비율로 증가했습니다. CELSYS의 자기자본이익률은 29.4%이고 순이익률은 16.8%입니다.핵심 정보32.39%순이익 성장률33.93%주당순이익(EPS) 성장률Software 산업 성장률12.13%매출 성장률6.76%자기자본이익률29.42%순이익률16.77%최근 순이익 업데이트30 Sep 2025최근 과거 실적 업데이트공시 • May 08CELSYS, Inc. to Report Q1, 2026 Results on May 08, 2026CELSYS, Inc. announced that they will report Q1, 2026 results on May 08, 2026공시 • Oct 07CELSYS, Inc. to Report Q3, 2025 Results on Nov 14, 2025CELSYS, Inc. announced that they will report Q3, 2025 results on Nov 14, 2025Reported Earnings • Aug 12First half 2025 earnings released: EPS: JP¥28.43 (vs JP¥29.43 in 1H 2024)First half 2025 results: EPS: JP¥28.43 (down from JP¥29.43 in 1H 2024). Revenue: JP¥4.74b (up 17% from 1H 2024). Net income: JP¥870.7m (down 7.7% from 1H 2024). Profit margin: 18% (down from 23% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.공시 • Jul 26CELSYS, Inc. to Report Q2, 2025 Results on Aug 08, 2025CELSYS, Inc. announced that they will report Q2, 2025 results on Aug 08, 2025공시 • Apr 26CELSYS, Inc. to Report Q1, 2025 Results on May 09, 2025CELSYS, Inc. announced that they will report Q1, 2025 results on May 09, 2025Reported Earnings • Apr 05Full year 2024 earnings released: EPS: JP¥44.24 (vs JP¥18.45 in FY 2023)Full year 2024 results: EPS: JP¥44.24 (up from JP¥18.45 in FY 2023). Revenue: JP¥8.20b (up 1.4% from FY 2023). Net income: JP¥1.40b (up 124% from FY 2023). Profit margin: 17% (up from 7.7% in FY 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.모든 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • Jun 10Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥1,941, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 14x in the Software industry in Japan. Total returns to shareholders of 174% over the past three years.Buy Or Sell Opportunity • Jun 03Now 20% undervaluedOver the last 90 days, the stock has risen 26% to JP¥1,651. The fair value is estimated to be JP¥2,068, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has grown by 34%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.공시 • May 08CELSYS, Inc. to Report Q1, 2026 Results on May 08, 2026CELSYS, Inc. announced that they will report Q1, 2026 results on May 08, 2026Declared Dividend • Apr 11Dividend of JP¥18.00 announcedShareholders will receive a dividend of JP¥18.00. Ex-date: 29th June 2026 Payment date: 29th September 2026 Dividend yield will be 2.3%, which is higher than the industry average of 1.4%. Sustainability & Growth The dividend has increased by an average of 44% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 87% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Feb 14+ 2 more updatesCELSYS, Inc. Provides Cash Dividend Guidance for the Second Quarter End of Fiscal Year Ending December 31, 2026CELSYS, Inc. provided cash dividend guidance for the second quarter end of fiscal year ending December 31, 2026. for the second quarter end, the company expects dividend of JPY 18.00 per share against JPY 22.00 per share a year ago.공시 • Feb 13CELSYS, Inc., Annual General Meeting, Mar 30, 2026CELSYS, Inc., Annual General Meeting, Mar 30, 2026.Buy Or Sell Opportunity • Jan 05Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 10% to JP¥1,611. The fair value is estimated to be JP¥2,084, 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 32%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 65% in the next 2 years.Upcoming Dividend • Dec 22Upcoming dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 31 March 2026. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (1.7%).Buy Or Sell Opportunity • Dec 11Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to JP¥1,625. The fair value is estimated to be JP¥2,033, 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 32%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 65% in the next 2 years.Buy Or Sell Opportunity • Nov 20Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.5% to JP¥1,618. The fair value is estimated to be JP¥2,046, 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 27%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 88% in the next 2 years.공시 • Nov 14CELSYS, Inc. (TSE:3663) announces an Equity Buyback for 1,000,000 shares, representing 3.31% for ¥1,000 million.CELSYS, Inc. (TSE:3663) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 3.31% of its issued share capital (excluding treasury stock) for ¥1,000 million. The purpose of the program is to further enhance capital efficiency and execute flexible capital policy in line with the business environment. The program will be valid till December 31, 2025. As of November 14, 2025, the company had 30,233,416 shares issued, excluding treasury shares, and 6,037,764 shares in treasury.Buy Or Sell Opportunity • Nov 05Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at JP¥1,623. The fair value is estimated to be JP¥2,035, 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 27%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 88% in the next 2 years.분석 기사 • Oct 15CELSYS (TSE:3663) Has Announced A Dividend Of ¥14.00CELSYS, Inc.'s ( TSE:3663 ) investors are due to receive a payment of ¥14.00 per share on 31st of March. The payment...공시 • Oct 07CELSYS, Inc. to Report Q3, 2025 Results on Nov 14, 2025CELSYS, Inc. announced that they will report Q3, 2025 results on Nov 14, 2025분석 기사 • Sep 30CELSYS (TSE:3663) Is Due To Pay A Dividend Of ¥14.00The board of CELSYS, Inc. ( TSE:3663 ) has announced that it will pay a dividend on the 31st of March, with investors...Declared Dividend • Sep 30First half dividend of JP¥14.00 announcedShareholders will receive a dividend of JP¥14.00. Ex-date: 29th December 2025 Payment date: 31st March 2026 Dividend yield will be 1.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 44% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 93% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥1,793, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 25x in the Software industry in Japan. Total returns to shareholders of 101% over the past three years.Reported Earnings • Aug 12First half 2025 earnings released: EPS: JP¥28.43 (vs JP¥29.43 in 1H 2024)First half 2025 results: EPS: JP¥28.43 (down from JP¥29.43 in 1H 2024). Revenue: JP¥4.74b (up 17% from 1H 2024). Net income: JP¥870.7m (down 7.7% from 1H 2024). Profit margin: 18% (down from 23% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.공시 • Aug 08CELSYS, Inc. (TSE:3663) announces an Equity Buyback for 500,000 shares, representing 1.64% for ¥500 million.CELSYS, Inc. (TSE:3663) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 1.64% of its issued share capital (excluding treasury stock) for ¥500 million. The purpose of the program is to further improve capital efficiency and execute a flexible capital policy in response to changes in the business environment. The program will be valid till October 31, 2025. As of August 7, 2025, the company had 30,503,456 shares issued, excluding treasury shares, and 5,767,724 shares in treasury.공시 • Jul 26CELSYS, Inc. to Report Q2, 2025 Results on Aug 08, 2025CELSYS, Inc. announced that they will report Q2, 2025 results on Aug 08, 2025분석 기사 • Jul 11Here's Why We Think CELSYS (TSE:3663) Might Deserve Your Attention TodayIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...공시 • Jul 09CELSYS, Inc. Revises Earnings Guidance for the Six Months Ended June 30, 2025CELSYS, Inc. revised earnings guidance for the six months ended June 30, 2025. For the period, the company expected net sales to be JPY 4,738 million compared to JPY 4,504 million previously expected, operating profit of JPY 1,518 million compared to JPY 1,108 million previously expected, profit of JPY 845 million compared to JPY 809 million previously expected. Basic earnings per share of JPY 27.59 compared to JPY 26.19 previously expected. Net sales are expected to exceed previously announced forecasts due to factors such as sales of one-time purchase version and subscription contracts of CLIP STUDIO PAINT, for which major version upgrade was made in March 2025, exceeding the initial plan. Profits are expected to exceed previously announced forecasts in terms of both operating profit and ordinary profit, as sales exceeded the plan and costs trended as initially planned. Meanwhile, for the profit for the six months ended June 30, 2025, although gain on extinguishment of tie-in shares, etc. was recorded as a result of the simplified absorption-type merger of a subsidiary conducted for development of the management structure to advance toward the next stage of growth, and loss on valuation of investment securities is to be recorded as described in "2. Recording of extraordinary losses" below, it is expected to exceed previously announced forecasts.Upcoming Dividend • Jun 20Upcoming dividend of JP¥22.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 30 September 2025. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.5%).Declared Dividend • May 15Final dividend increased to JP¥22.00Dividend of JP¥22.00 is 83% higher than last year. Ex-date: 27th June 2025 Payment date: 30th September 2025 Dividend yield will be 2.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 48% per year over the past 9 years and payments have been stable during that time. Earnings per share has grown by 42% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.분석 기사 • May 14CELSYS' (TSE:3663) Dividend Will Be Increased To ¥22.00CELSYS, Inc. ( TSE:3663 ) will increase its dividend from last year's comparable payment on the 30th of September to...Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥1,486, the stock trades at a trailing P/E ratio of 32.4x. Average trailing P/E is 21x in the Software industry in Japan. Total returns to shareholders of 96% over the past three years.분석 기사 • May 07Earnings Not Telling The Story For CELSYS, Inc. (TSE:3663) After Shares Rise 26%CELSYS, Inc. ( TSE:3663 ) shareholders are no doubt pleased to see that the share price has bounced 26% in the last...공시 • Apr 26CELSYS, Inc. to Report Q1, 2025 Results on May 09, 2025CELSYS, Inc. announced that they will report Q1, 2025 results on May 09, 2025Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 27%After last week's 27% share price gain to JP¥1,301, the stock trades at a trailing P/E ratio of 28.3x. Average trailing P/E is 19x in the Software industry in Japan. Total returns to shareholders of 52% over the past three years.Reported Earnings • Apr 05Full year 2024 earnings released: EPS: JP¥44.24 (vs JP¥18.45 in FY 2023)Full year 2024 results: EPS: JP¥44.24 (up from JP¥18.45 in FY 2023). Revenue: JP¥8.20b (up 1.4% from FY 2023). Net income: JP¥1.40b (up 124% from FY 2023). Profit margin: 17% (up from 7.7% in FY 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.분석 기사 • Feb 21CELSYS' (TSE:3663) Solid Earnings Are Supported By Other Strong FactorsThe subdued stock price reaction suggests that CELSYS, Inc.'s ( TSE:3663 ) strong earnings didn't offer any surprises...공시 • Feb 17CELSYS, Inc., Annual General Meeting, Mar 28, 2025CELSYS, Inc., Annual General Meeting, Mar 28, 2025.Reported Earnings • Feb 16Full year 2024 earnings released: EPS: JP¥44.24 (vs JP¥18.45 in FY 2023)Full year 2024 results: EPS: JP¥44.24 (up from JP¥18.45 in FY 2023). Revenue: JP¥8.20b (up 1.4% from FY 2023). Net income: JP¥1.40b (up 124% from FY 2023). Profit margin: 17% (up from 7.7% in FY 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Jan 29Now 33% overvalued after recent price riseOver the last 90 days, the stock has risen 19% to JP¥1,454. The fair value is estimated to be JP¥1,090, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.9% over the last 3 years, while earnings per share has been flat.공시 • Jan 22CELSYS, Inc. to Report Fiscal Year 2024 Results on Feb 14, 2025CELSYS, Inc. announced that they will report fiscal year 2024 results on Feb 14, 2025공시 • Dec 20CELSYS, Inc. (TSE:3663) announces an Equity Buyback for 600,000 shares, representing 1.94% for ¥500 million.CELSYS, Inc. (TSE:3663) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 1.94% of its issued share capital (excluding treasury stock) for ¥500 million. The purpose of the program is to further improve capital efficiency and execute a flexible capital policy in response to changes in the business environment. The program will be valid till March 31, 2025. As of December 19, 2024, the company had 30,885,799 shares issued, excluding treasury shares, and 5,385,381 shares in treasury.Upcoming Dividend • Dec 20Upcoming dividend of JP¥12.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 31 March 2025. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.3%).Buy Or Sell Opportunity • Nov 28Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 42% to JP¥1,354. The fair value is estimated to be JP¥1,109, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.9% over the last 3 years, while earnings per share has been flat.공시 • Nov 15CELSYS, Inc. (TSE:3663) announces an Equity Buyback for 600,000 shares, representing 1.92% for ¥500 million.CELSYS, Inc. (TSE:3663) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 1.92% of its issued share capital (excluding treasury stock) for ¥500 million. The purpose of the program is to further improve capital efficiency and execute a flexible capital policy in response to changes in the business environment. The program will be valid till December 31, 2024. As of September 30, 2024, the company had 31,249,749 shares issued, excluding treasury shares, and 5,021,431 shares in treasury.Reported Earnings • Nov 09Third quarter 2024 earnings released: EPS: JP¥8.97 (vs JP¥4.78 in 3Q 2023)Third quarter 2024 results: EPS: JP¥8.97 (up from JP¥4.78 in 3Q 2023). Revenue: JP¥1.97b (up 1.9% from 3Q 2023). Net income: JP¥280.4m (up 75% from 3Q 2023). Profit margin: 14% (up from 8.3% in 3Q 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Nov 08The Trend Of High Returns At CELSYS (TSE:3663) Has Us Very InterestedIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...Buy Or Sell Opportunity • Nov 08Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 69% to JP¥1,352. The fair value is estimated to be JP¥1,121, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years, while earnings per share has been flat.공시 • Oct 06CELSYS, Inc. to Report Q3, 2024 Results on Nov 08, 2024CELSYS, Inc. announced that they will report Q3, 2024 results on Nov 08, 2024분석 기사 • Sep 26Estimating The Fair Value Of CELSYS, Inc. (TSE:3663)Key Insights The projected fair value for CELSYS is JP¥1,147 based on 2 Stage Free Cash Flow to Equity CELSYS' JP¥1,210...Valuation Update With 7 Day Price Move • Sep 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥1,150, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 22x in the Software industry in Japan. Total returns to shareholders of 33% over the past three years.분석 기사 • Sep 04Subdued Growth No Barrier To CELSYS, Inc. (TSE:3663) With Shares Advancing 37%CELSYS, Inc. ( TSE:3663 ) shareholders would be excited to see that the share price has had a great month, posting a...Buy Or Sell Opportunity • Sep 02Now 20% undervaluedOver the last 90 days, the stock has risen 11% to JP¥921. The fair value is estimated to be JP¥1,153, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years, while earnings per share has been flat.Reported Earnings • Aug 07First half 2024 earnings released: EPS: JP¥29.43 (vs JP¥2.65 loss in 1H 2023)First half 2024 results: EPS: JP¥29.43 (up from JP¥2.65 loss in 1H 2023). Revenue: JP¥4.06b (down 4.5% from 1H 2023). Net income: JP¥943.6m (up JP¥1.04b from 1H 2023). Profit margin: 23% (up from net loss in 1H 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 2% per year.New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.9% net profit margin).Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥690, the stock trades at a trailing P/E ratio of 27.6x. Average trailing P/E is 20x in the Software industry in Japan. Total loss to shareholders of 20% over the past three years.공시 • Jul 06CELSYS, Inc. to Report Q2, 2024 Results on Aug 02, 2024CELSYS, Inc. announced that they will report Q2, 2024 results on Aug 02, 2024공시 • Apr 19CELSYS, Inc. to Report Q1, 2024 Results on May 10, 2024CELSYS, Inc. announced that they will report Q1, 2024 results on May 10, 2024분석 기사 • Apr 07We Think You Can Look Beyond CELSYS' (TSE:3663) Lackluster EarningsSoft earnings didn't appear to concern CELSYS, Inc.'s ( TSE:3663 ) shareholders over the last week. We did some...공시 • Mar 22CELSYS, Inc. (TSE:3663) announces an Equity Buyback for 1,600,000 shares, representing 4.93% for ¥1,000 million.CELSYS, Inc. (TSE:3663) announces a share repurchase program. Under the program, the company will repurchase up to 1,600,000 shares, representing 4.93% of its total shares outstanding excluding treasury shares, for a total of ¥1,000 million. The purpose of repurchase program is to improve capital efficiency and implement a flexible capital policy in response to the business environment. The repurchase program is valid till June 30, 2024. As of December 31, 2023, the company had 32,443,210 shares outstanding excluding treasury shares and had 3,827,970 shares in treasury.분석 기사 • Mar 04Earnings Not Telling The Story For CELSYS, Inc. (TSE:3663) After Shares Rise 26%CELSYS, Inc. ( TSE:3663 ) shares have had a really impressive month, gaining 26% after a shaky period beforehand. The...Valuation Update With 7 Day Price Move • Feb 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥788, the stock trades at a trailing P/E ratio of 40.8x. Average trailing P/E is 23x in the Software industry in Japan. Total returns to shareholders of 81% over the past three years.Buy Or Sell Opportunity • Feb 15Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.1% to JP¥744. The fair value is estimated to be JP¥944, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Meanwhile, the company has become profitable.공시 • Feb 11CELSYS, Inc., Annual General Meeting, Mar 28, 2024CELSYS, Inc., Annual General Meeting, Mar 28, 2024.Reported Earnings • Feb 11Full year 2023 earnings released: EPS: JP¥18.45 (vs JP¥29.81 in FY 2022)Full year 2023 results: EPS: JP¥18.45 (down from JP¥29.81 in FY 2022). Revenue: JP¥8.09b (up 7.3% from FY 2022). Net income: JP¥626.0m (down 40% from FY 2022). Profit margin: 7.7% (down from 14% in FY 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 10% per year, which means it is significantly lagging earnings growth.공시 • Jan 21CELSYS, Inc. to Report Fiscal Year 2023 Results on Feb 09, 2024CELSYS, Inc. announced that they will report fiscal year 2023 results on Feb 09, 2024Upcoming Dividend • Dec 21Upcoming dividend of JP¥12.00 per share at 1.3% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 31 March 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.5%).New Risk • Nov 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.3% 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 (6.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.9% net profit margin).Reported Earnings • Nov 04Third quarter 2023 earnings released: EPS: JP¥4.78 (vs JP¥5.22 in 3Q 2022)Third quarter 2023 results: EPS: JP¥4.78 (down from JP¥5.22 in 3Q 2022). Revenue: JP¥1.93b (up 7.9% from 3Q 2022). Net income: JP¥160.0m (down 14% from 3Q 2022). Profit margin: 8.3% (down from 10% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.공시 • Nov 03CELSYS, Inc. (TSE:3663) announces an Equity Buyback for 1,000,000 shares, representing 3.02% for ¥500 million.CELSYS, Inc. (TSE:3663) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 3.02% of its issued share capital, for ¥500 million. The purpose of the program is to improve capital efficiency and implement a flexible capital policy that responds to the business environment. The program will expire on December 31, 2023. As of October 31, 2023, the company had 33,062,810 shares issued (excluding treasury stock) and 3,208,370 shares in treasury.공시 • Oct 07CELSYS, Inc. to Report Q3, 2023 Results on Nov 02, 2023CELSYS, Inc. announced that they will report Q3, 2023 results on Nov 02, 2023New Risk • Aug 09New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 66% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.8% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.3% net profit margin).Reported Earnings • Aug 09Second quarter 2023 earnings released: JP¥14.20 loss per share (vs JP¥11.32 profit in 2Q 2022)Second quarter 2023 results: JP¥14.20 loss per share (down from JP¥11.32 profit in 2Q 2022). Revenue: JP¥2.04b (up 6.0% from 2Q 2022). Net loss: JP¥490.0m (down 222% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.공시 • Jul 06CELSYS, Inc. to Report Q2, 2023 Results on Aug 04, 2023CELSYS, Inc. announced that they will report Q2, 2023 results on Aug 04, 2023Valuation Update With 7 Day Price Move • May 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥855, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 24x in the Software industry in Japan. Total returns to shareholders of 435% over the past three years.공시 • May 12CELSYS, Inc. (TSE:3663) announces an Equity Buyback for 3,000,000 shares, representing 8.58% for ¥1,500 million.CELSYS, Inc. (TSE:3663) announces a share repurchase program. Under the program, the company will repurchase up to 3,000,000 shares, representing 8.58% for ¥1,500 million. The purpose of the program is to improve capital efficiency and implement a flexible capital policy that responds to the business environment. The program will expire on November 30, 2023. As of March 31, 2023, the company had 34,947,540 shares (excluding treasury stock) in issue and 1,323,640 shares in treasury.Reported Earnings • May 09First quarter 2023 earnings released: EPS: JP¥11.39 (vs JP¥8.36 in 1Q 2022)First quarter 2023 results: EPS: JP¥11.39 (up from JP¥8.36 in 1Q 2022). Revenue: JP¥2.21b (up 21% from 1Q 2022). Net income: JP¥398.0m (up 39% from 1Q 2022). Profit margin: 18% (up from 16% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 71% per year whereas the company’s share price has increased by 75% per year.Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥764, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 22x in the Software industry in Japan. Total returns to shareholders of 444% over the past three years.Valuation Update With 7 Day Price Move • Feb 17Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥651, the stock trades at a trailing P/E ratio of 21.7x. Average trailing P/E is 23x in the Software industry in Japan. Total returns to shareholders of 241% over the past three years.Reported Earnings • Feb 12Full year 2022 earnings released: EPS: JP¥29.81 (vs JP¥37.48 in FY 2021)Full year 2022 results: EPS: JP¥29.81 (down from JP¥37.48 in FY 2021). Revenue: JP¥7.54b (up 9.5% from FY 2021). Net income: JP¥1.05b (down 14% from FY 2021). Profit margin: 14% (down from 18% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth.공시 • Feb 12CELSYS, Inc., Annual General Meeting, Mar 30, 2023CELSYS, Inc., Annual General Meeting, Mar 30, 2023.공시 • Jan 12ArtSpark Holdings Inc. to Report Fiscal Year 2022 Results on Feb 10, 2023ArtSpark Holdings Inc. announced that they will report fiscal year 2022 results on Feb 10, 2023Buying Opportunity • Dec 28Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 28%. The fair value is estimated to be JP¥806, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 69%.Upcoming Dividend • Dec 22Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 31 March 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.9%).Buying Opportunity • Dec 05Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 29%. The fair value is estimated to be JP¥873, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 69%.Board Change • Nov 16No independent directorsThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: No independent directors. 8 non-independent directors. Director Yuzo Watanabe was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity.Reported Earnings • Nov 06Third quarter 2022 earnings released: EPS: JP¥5.22 (vs JP¥9.54 in 3Q 2021)Third quarter 2022 results: EPS: JP¥5.22 (down from JP¥9.54 in 3Q 2021). Revenue: JP¥1.79b (up 6.2% from 3Q 2021). Net income: JP¥187.0m (down 40% from 3Q 2021). Profit margin: 10% (down from 18% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 61% per year, which means it is significantly lagging earnings growth.공시 • Oct 06ArtSpark Holdings Inc. to Report Q3, 2022 Results on Nov 04, 2022ArtSpark Holdings Inc. announced that they will report Q3, 2022 results on Nov 04, 2022Valuation Update With 7 Day Price Move • Aug 12Investor sentiment improved over the past weekAfter last week's 21% share price gain to JP¥964, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 24x in the Software industry in Japan. Total returns to shareholders of 521% over the past three years.Reported Earnings • Aug 07Second quarter 2022 earnings released: EPS: JP¥11.32 (vs JP¥9.77 in 2Q 2021)Second quarter 2022 results: EPS: JP¥11.32 (up from JP¥9.77 in 2Q 2021). Revenue: JP¥1.93b (up 12% from 2Q 2021). Net income: JP¥402.0m (up 26% from 2Q 2021). Profit margin: 21% (up from 19% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 16%, compared to a 14% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth.공시 • Aug 06ArtSpark Holdings Inc. (TSE:3663) announces an Equity Buyback for 1,600,000 shares, representing 4.44% for ¥1,000 million.ArtSpark Holdings Inc. (TSE:3663) announces a share repurchase program. Under the program, the company will repurchase up to 1,600,000 shares, representing 4.44% for ¥1,000 million. The purpose of the program is to improve capital efficiency and implement a flexible capital policy that responds to the business environment. The program will expire on October 31, 2022. As of June 30, 2022, the company had 36,034,832 shares (excluding treasury stock) in issue and 235,148 shares in treasury.공시 • Jul 07ArtSpark Holdings Inc. to Report Q2, 2022 Results on Aug 05, 2022ArtSpark Holdings Inc. announced that they will report Q2, 2022 results on Aug 05, 2022Reported Earnings • May 11First quarter 2022 earnings released: EPS: JP¥8.36 (vs JP¥16.68 in 1Q 2021)First quarter 2022 results: EPS: JP¥8.36 (down from JP¥16.68 in 1Q 2021). Revenue: JP¥1.83b (up 2.7% from 1Q 2021). Net income: JP¥286.0m (down 47% from 1Q 2021). Profit margin: 16% (down from 31% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 15%, compared to a 13% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Vice Representative Director Kei Narushima was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Apr 07ArtSpark Holdings Inc. to Report Q1, 2022 Results on May 06, 2022ArtSpark Holdings Inc. announced that they will report Q1, 2022 results on May 06, 2022Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥765, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 19x in the Software industry in Japan. Total returns to shareholders of 356% over the past three years.Buying Opportunity • Feb 23Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 35%. The fair value is estimated to be JP¥793, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% per annum over the last 3 years. The company has become profitable over the last year.공시 • Feb 12ArtSpark Holdings Inc., Annual General Meeting, Mar 30, 2022ArtSpark Holdings Inc., Annual General Meeting, Mar 30, 2022.Reported Earnings • Feb 12Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥37.48 (up from JP¥14.57 loss in FY 2020). Revenue: JP¥6.89b (up 8.1% from FY 2020). Net income: JP¥1.22b (up JP¥1.70b from FY 2020). Profit margin: 18% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.공시 • Dec 29ArtSpark Holdings Inc. announced that it has received ¥1.5467152 billion in funding from LINE Digital Frontier Co., Ltd.On December 28, 2021, ArtSpark Holdings Inc. closed the transaction.Upcoming Dividend • Dec 22Upcoming dividend of JP¥3.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 31 March 2022. Payout ratio is a comfortable 6.0% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (1.5%).Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS JP¥9.54 (vs JP¥26.31 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥1.69b (up 1.8% from 3Q 2020). Net income: JP¥311.0m (up JP¥1.17b from 3Q 2020). Profit margin: 18% (up from net loss in 3Q 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 53% per year, which means it is well ahead of earnings.매출 및 비용 세부 내역CELSYS가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TSE:3663 매출, 비용 및 순이익 (JPY Millions)날짜매출순이익일반관리비연구개발비30 Sep 259,1621,5362,655030 Jun 258,8831,3272,556031 Mar 258,5761,6132,481031 Dec 248,2041,3992,395030 Sep 247,9361,7822,291030 Jun 247,8981,6622,383031 Mar 247,8917802,478031 Dec 238,0916262,556030 Sep 238,1862402,838030 Jun 238,0442672,822031 Mar 237,9271,1592,720031 Dec 227,5431,0472,699030 Sep 227,2429232,455030 Jun 227,1381,0472,367031 Mar 226,9389642,318031 Dec 216,8901,2222,254030 Sep 216,9011,3501,928030 Jun 216,8711812,043031 Mar 216,709-52,121031 Dec 206,373-4752,131030 Sep 205,998-6402,224030 Jun 205,8542732,057031 Mar 205,6451131,978031 Dec 195,3812411,832030 Sep 195,0092211,921030 Jun 194,4002601,728031 Mar 193,9563581,506031 Dec 183,7893341,411030 Sep 183,7062811,264030 Jun 183,8374031,249031 Mar 183,8084251,199031 Dec 173,6363741,178030 Sep 173,5463911,134030 Jun 173,3011891,118031 Mar 173,5923321,097031 Dec 163,8353371,064030 Sep 164,0714561,019030 Jun 164,2553991,049031 Mar 164,2311491,110031 Dec 154,156341,190030 Sep 154,6163601,290030 Jun 154,5462881,3390양질의 수익: 3663는 고품질 수익을 보유하고 있습니다.이익 마진 증가: 3663의 현재 순 이익률 (16.8%)은 지난해 (22.5%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 3663는 지난 5년 동안 흑자전환하며 연평균 32.4%의 수익 성장을 기록했습니다.성장 가속화: 3663은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: 3663은 지난 1년 동안 수익이 감소(-13.8%)하여 Software 업계 평균(16.4%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: 3663의 자본 수익률(29.4%)은 높음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YSoftware 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/17 09:48종가2026/06/17 00:00수익2025/09/30연간 수익2024/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스CELSYS, Inc.는 2명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Jiro KojimaDaiwa Securities Co. Ltd.Koichi HariyaIchiyoshi Research Institute Inc.
공시 • May 08CELSYS, Inc. to Report Q1, 2026 Results on May 08, 2026CELSYS, Inc. announced that they will report Q1, 2026 results on May 08, 2026
공시 • Oct 07CELSYS, Inc. to Report Q3, 2025 Results on Nov 14, 2025CELSYS, Inc. announced that they will report Q3, 2025 results on Nov 14, 2025
Reported Earnings • Aug 12First half 2025 earnings released: EPS: JP¥28.43 (vs JP¥29.43 in 1H 2024)First half 2025 results: EPS: JP¥28.43 (down from JP¥29.43 in 1H 2024). Revenue: JP¥4.74b (up 17% from 1H 2024). Net income: JP¥870.7m (down 7.7% from 1H 2024). Profit margin: 18% (down from 23% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
공시 • Jul 26CELSYS, Inc. to Report Q2, 2025 Results on Aug 08, 2025CELSYS, Inc. announced that they will report Q2, 2025 results on Aug 08, 2025
공시 • Apr 26CELSYS, Inc. to Report Q1, 2025 Results on May 09, 2025CELSYS, Inc. announced that they will report Q1, 2025 results on May 09, 2025
Reported Earnings • Apr 05Full year 2024 earnings released: EPS: JP¥44.24 (vs JP¥18.45 in FY 2023)Full year 2024 results: EPS: JP¥44.24 (up from JP¥18.45 in FY 2023). Revenue: JP¥8.20b (up 1.4% from FY 2023). Net income: JP¥1.40b (up 124% from FY 2023). Profit margin: 17% (up from 7.7% in FY 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 10Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥1,941, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 14x in the Software industry in Japan. Total returns to shareholders of 174% over the past three years.
Buy Or Sell Opportunity • Jun 03Now 20% undervaluedOver the last 90 days, the stock has risen 26% to JP¥1,651. The fair value is estimated to be JP¥2,068, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has grown by 34%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.
공시 • May 08CELSYS, Inc. to Report Q1, 2026 Results on May 08, 2026CELSYS, Inc. announced that they will report Q1, 2026 results on May 08, 2026
Declared Dividend • Apr 11Dividend of JP¥18.00 announcedShareholders will receive a dividend of JP¥18.00. Ex-date: 29th June 2026 Payment date: 29th September 2026 Dividend yield will be 2.3%, which is higher than the industry average of 1.4%. Sustainability & Growth The dividend has increased by an average of 44% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 87% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Feb 14+ 2 more updatesCELSYS, Inc. Provides Cash Dividend Guidance for the Second Quarter End of Fiscal Year Ending December 31, 2026CELSYS, Inc. provided cash dividend guidance for the second quarter end of fiscal year ending December 31, 2026. for the second quarter end, the company expects dividend of JPY 18.00 per share against JPY 22.00 per share a year ago.
공시 • Feb 13CELSYS, Inc., Annual General Meeting, Mar 30, 2026CELSYS, Inc., Annual General Meeting, Mar 30, 2026.
Buy Or Sell Opportunity • Jan 05Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 10% to JP¥1,611. The fair value is estimated to be JP¥2,084, 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 32%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 65% in the next 2 years.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 31 March 2026. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (1.7%).
Buy Or Sell Opportunity • Dec 11Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to JP¥1,625. The fair value is estimated to be JP¥2,033, 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 32%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 65% in the next 2 years.
Buy Or Sell Opportunity • Nov 20Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.5% to JP¥1,618. The fair value is estimated to be JP¥2,046, 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 27%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 88% in the next 2 years.
공시 • Nov 14CELSYS, Inc. (TSE:3663) announces an Equity Buyback for 1,000,000 shares, representing 3.31% for ¥1,000 million.CELSYS, Inc. (TSE:3663) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 3.31% of its issued share capital (excluding treasury stock) for ¥1,000 million. The purpose of the program is to further enhance capital efficiency and execute flexible capital policy in line with the business environment. The program will be valid till December 31, 2025. As of November 14, 2025, the company had 30,233,416 shares issued, excluding treasury shares, and 6,037,764 shares in treasury.
Buy Or Sell Opportunity • Nov 05Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at JP¥1,623. The fair value is estimated to be JP¥2,035, 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 27%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 88% in the next 2 years.
분석 기사 • Oct 15CELSYS (TSE:3663) Has Announced A Dividend Of ¥14.00CELSYS, Inc.'s ( TSE:3663 ) investors are due to receive a payment of ¥14.00 per share on 31st of March. The payment...
공시 • Oct 07CELSYS, Inc. to Report Q3, 2025 Results on Nov 14, 2025CELSYS, Inc. announced that they will report Q3, 2025 results on Nov 14, 2025
분석 기사 • Sep 30CELSYS (TSE:3663) Is Due To Pay A Dividend Of ¥14.00The board of CELSYS, Inc. ( TSE:3663 ) has announced that it will pay a dividend on the 31st of March, with investors...
Declared Dividend • Sep 30First half dividend of JP¥14.00 announcedShareholders will receive a dividend of JP¥14.00. Ex-date: 29th December 2025 Payment date: 31st March 2026 Dividend yield will be 1.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 44% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 93% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥1,793, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 25x in the Software industry in Japan. Total returns to shareholders of 101% over the past three years.
Reported Earnings • Aug 12First half 2025 earnings released: EPS: JP¥28.43 (vs JP¥29.43 in 1H 2024)First half 2025 results: EPS: JP¥28.43 (down from JP¥29.43 in 1H 2024). Revenue: JP¥4.74b (up 17% from 1H 2024). Net income: JP¥870.7m (down 7.7% from 1H 2024). Profit margin: 18% (down from 23% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
공시 • Aug 08CELSYS, Inc. (TSE:3663) announces an Equity Buyback for 500,000 shares, representing 1.64% for ¥500 million.CELSYS, Inc. (TSE:3663) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 1.64% of its issued share capital (excluding treasury stock) for ¥500 million. The purpose of the program is to further improve capital efficiency and execute a flexible capital policy in response to changes in the business environment. The program will be valid till October 31, 2025. As of August 7, 2025, the company had 30,503,456 shares issued, excluding treasury shares, and 5,767,724 shares in treasury.
공시 • Jul 26CELSYS, Inc. to Report Q2, 2025 Results on Aug 08, 2025CELSYS, Inc. announced that they will report Q2, 2025 results on Aug 08, 2025
분석 기사 • Jul 11Here's Why We Think CELSYS (TSE:3663) Might Deserve Your Attention TodayIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
공시 • Jul 09CELSYS, Inc. Revises Earnings Guidance for the Six Months Ended June 30, 2025CELSYS, Inc. revised earnings guidance for the six months ended June 30, 2025. For the period, the company expected net sales to be JPY 4,738 million compared to JPY 4,504 million previously expected, operating profit of JPY 1,518 million compared to JPY 1,108 million previously expected, profit of JPY 845 million compared to JPY 809 million previously expected. Basic earnings per share of JPY 27.59 compared to JPY 26.19 previously expected. Net sales are expected to exceed previously announced forecasts due to factors such as sales of one-time purchase version and subscription contracts of CLIP STUDIO PAINT, for which major version upgrade was made in March 2025, exceeding the initial plan. Profits are expected to exceed previously announced forecasts in terms of both operating profit and ordinary profit, as sales exceeded the plan and costs trended as initially planned. Meanwhile, for the profit for the six months ended June 30, 2025, although gain on extinguishment of tie-in shares, etc. was recorded as a result of the simplified absorption-type merger of a subsidiary conducted for development of the management structure to advance toward the next stage of growth, and loss on valuation of investment securities is to be recorded as described in "2. Recording of extraordinary losses" below, it is expected to exceed previously announced forecasts.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥22.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 30 September 2025. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.5%).
Declared Dividend • May 15Final dividend increased to JP¥22.00Dividend of JP¥22.00 is 83% higher than last year. Ex-date: 27th June 2025 Payment date: 30th September 2025 Dividend yield will be 2.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 48% per year over the past 9 years and payments have been stable during that time. Earnings per share has grown by 42% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
분석 기사 • May 14CELSYS' (TSE:3663) Dividend Will Be Increased To ¥22.00CELSYS, Inc. ( TSE:3663 ) will increase its dividend from last year's comparable payment on the 30th of September to...
Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥1,486, the stock trades at a trailing P/E ratio of 32.4x. Average trailing P/E is 21x in the Software industry in Japan. Total returns to shareholders of 96% over the past three years.
분석 기사 • May 07Earnings Not Telling The Story For CELSYS, Inc. (TSE:3663) After Shares Rise 26%CELSYS, Inc. ( TSE:3663 ) shareholders are no doubt pleased to see that the share price has bounced 26% in the last...
공시 • Apr 26CELSYS, Inc. to Report Q1, 2025 Results on May 09, 2025CELSYS, Inc. announced that they will report Q1, 2025 results on May 09, 2025
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 27%After last week's 27% share price gain to JP¥1,301, the stock trades at a trailing P/E ratio of 28.3x. Average trailing P/E is 19x in the Software industry in Japan. Total returns to shareholders of 52% over the past three years.
Reported Earnings • Apr 05Full year 2024 earnings released: EPS: JP¥44.24 (vs JP¥18.45 in FY 2023)Full year 2024 results: EPS: JP¥44.24 (up from JP¥18.45 in FY 2023). Revenue: JP¥8.20b (up 1.4% from FY 2023). Net income: JP¥1.40b (up 124% from FY 2023). Profit margin: 17% (up from 7.7% in FY 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
분석 기사 • Feb 21CELSYS' (TSE:3663) Solid Earnings Are Supported By Other Strong FactorsThe subdued stock price reaction suggests that CELSYS, Inc.'s ( TSE:3663 ) strong earnings didn't offer any surprises...
공시 • Feb 17CELSYS, Inc., Annual General Meeting, Mar 28, 2025CELSYS, Inc., Annual General Meeting, Mar 28, 2025.
Reported Earnings • Feb 16Full year 2024 earnings released: EPS: JP¥44.24 (vs JP¥18.45 in FY 2023)Full year 2024 results: EPS: JP¥44.24 (up from JP¥18.45 in FY 2023). Revenue: JP¥8.20b (up 1.4% from FY 2023). Net income: JP¥1.40b (up 124% from FY 2023). Profit margin: 17% (up from 7.7% in FY 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Jan 29Now 33% overvalued after recent price riseOver the last 90 days, the stock has risen 19% to JP¥1,454. The fair value is estimated to be JP¥1,090, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.9% over the last 3 years, while earnings per share has been flat.
공시 • Jan 22CELSYS, Inc. to Report Fiscal Year 2024 Results on Feb 14, 2025CELSYS, Inc. announced that they will report fiscal year 2024 results on Feb 14, 2025
공시 • Dec 20CELSYS, Inc. (TSE:3663) announces an Equity Buyback for 600,000 shares, representing 1.94% for ¥500 million.CELSYS, Inc. (TSE:3663) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 1.94% of its issued share capital (excluding treasury stock) for ¥500 million. The purpose of the program is to further improve capital efficiency and execute a flexible capital policy in response to changes in the business environment. The program will be valid till March 31, 2025. As of December 19, 2024, the company had 30,885,799 shares issued, excluding treasury shares, and 5,385,381 shares in treasury.
Upcoming Dividend • Dec 20Upcoming dividend of JP¥12.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 31 March 2025. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.3%).
Buy Or Sell Opportunity • Nov 28Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 42% to JP¥1,354. The fair value is estimated to be JP¥1,109, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.9% over the last 3 years, while earnings per share has been flat.
공시 • Nov 15CELSYS, Inc. (TSE:3663) announces an Equity Buyback for 600,000 shares, representing 1.92% for ¥500 million.CELSYS, Inc. (TSE:3663) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 1.92% of its issued share capital (excluding treasury stock) for ¥500 million. The purpose of the program is to further improve capital efficiency and execute a flexible capital policy in response to changes in the business environment. The program will be valid till December 31, 2024. As of September 30, 2024, the company had 31,249,749 shares issued, excluding treasury shares, and 5,021,431 shares in treasury.
Reported Earnings • Nov 09Third quarter 2024 earnings released: EPS: JP¥8.97 (vs JP¥4.78 in 3Q 2023)Third quarter 2024 results: EPS: JP¥8.97 (up from JP¥4.78 in 3Q 2023). Revenue: JP¥1.97b (up 1.9% from 3Q 2023). Net income: JP¥280.4m (up 75% from 3Q 2023). Profit margin: 14% (up from 8.3% in 3Q 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Nov 08The Trend Of High Returns At CELSYS (TSE:3663) Has Us Very InterestedIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
Buy Or Sell Opportunity • Nov 08Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 69% to JP¥1,352. The fair value is estimated to be JP¥1,121, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years, while earnings per share has been flat.
공시 • Oct 06CELSYS, Inc. to Report Q3, 2024 Results on Nov 08, 2024CELSYS, Inc. announced that they will report Q3, 2024 results on Nov 08, 2024
분석 기사 • Sep 26Estimating The Fair Value Of CELSYS, Inc. (TSE:3663)Key Insights The projected fair value for CELSYS is JP¥1,147 based on 2 Stage Free Cash Flow to Equity CELSYS' JP¥1,210...
Valuation Update With 7 Day Price Move • Sep 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥1,150, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 22x in the Software industry in Japan. Total returns to shareholders of 33% over the past three years.
분석 기사 • Sep 04Subdued Growth No Barrier To CELSYS, Inc. (TSE:3663) With Shares Advancing 37%CELSYS, Inc. ( TSE:3663 ) shareholders would be excited to see that the share price has had a great month, posting a...
Buy Or Sell Opportunity • Sep 02Now 20% undervaluedOver the last 90 days, the stock has risen 11% to JP¥921. The fair value is estimated to be JP¥1,153, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years, while earnings per share has been flat.
Reported Earnings • Aug 07First half 2024 earnings released: EPS: JP¥29.43 (vs JP¥2.65 loss in 1H 2023)First half 2024 results: EPS: JP¥29.43 (up from JP¥2.65 loss in 1H 2023). Revenue: JP¥4.06b (down 4.5% from 1H 2023). Net income: JP¥943.6m (up JP¥1.04b from 1H 2023). Profit margin: 23% (up from net loss in 1H 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 2% per year.
New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.9% net profit margin).
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥690, the stock trades at a trailing P/E ratio of 27.6x. Average trailing P/E is 20x in the Software industry in Japan. Total loss to shareholders of 20% over the past three years.
공시 • Jul 06CELSYS, Inc. to Report Q2, 2024 Results on Aug 02, 2024CELSYS, Inc. announced that they will report Q2, 2024 results on Aug 02, 2024
공시 • Apr 19CELSYS, Inc. to Report Q1, 2024 Results on May 10, 2024CELSYS, Inc. announced that they will report Q1, 2024 results on May 10, 2024
분석 기사 • Apr 07We Think You Can Look Beyond CELSYS' (TSE:3663) Lackluster EarningsSoft earnings didn't appear to concern CELSYS, Inc.'s ( TSE:3663 ) shareholders over the last week. We did some...
공시 • Mar 22CELSYS, Inc. (TSE:3663) announces an Equity Buyback for 1,600,000 shares, representing 4.93% for ¥1,000 million.CELSYS, Inc. (TSE:3663) announces a share repurchase program. Under the program, the company will repurchase up to 1,600,000 shares, representing 4.93% of its total shares outstanding excluding treasury shares, for a total of ¥1,000 million. The purpose of repurchase program is to improve capital efficiency and implement a flexible capital policy in response to the business environment. The repurchase program is valid till June 30, 2024. As of December 31, 2023, the company had 32,443,210 shares outstanding excluding treasury shares and had 3,827,970 shares in treasury.
분석 기사 • Mar 04Earnings Not Telling The Story For CELSYS, Inc. (TSE:3663) After Shares Rise 26%CELSYS, Inc. ( TSE:3663 ) shares have had a really impressive month, gaining 26% after a shaky period beforehand. The...
Valuation Update With 7 Day Price Move • Feb 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥788, the stock trades at a trailing P/E ratio of 40.8x. Average trailing P/E is 23x in the Software industry in Japan. Total returns to shareholders of 81% over the past three years.
Buy Or Sell Opportunity • Feb 15Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.1% to JP¥744. The fair value is estimated to be JP¥944, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Meanwhile, the company has become profitable.
공시 • Feb 11CELSYS, Inc., Annual General Meeting, Mar 28, 2024CELSYS, Inc., Annual General Meeting, Mar 28, 2024.
Reported Earnings • Feb 11Full year 2023 earnings released: EPS: JP¥18.45 (vs JP¥29.81 in FY 2022)Full year 2023 results: EPS: JP¥18.45 (down from JP¥29.81 in FY 2022). Revenue: JP¥8.09b (up 7.3% from FY 2022). Net income: JP¥626.0m (down 40% from FY 2022). Profit margin: 7.7% (down from 14% in FY 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 10% per year, which means it is significantly lagging earnings growth.
공시 • Jan 21CELSYS, Inc. to Report Fiscal Year 2023 Results on Feb 09, 2024CELSYS, Inc. announced that they will report fiscal year 2023 results on Feb 09, 2024
Upcoming Dividend • Dec 21Upcoming dividend of JP¥12.00 per share at 1.3% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 31 March 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.5%).
New Risk • Nov 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.3% 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 (6.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.9% net profit margin).
Reported Earnings • Nov 04Third quarter 2023 earnings released: EPS: JP¥4.78 (vs JP¥5.22 in 3Q 2022)Third quarter 2023 results: EPS: JP¥4.78 (down from JP¥5.22 in 3Q 2022). Revenue: JP¥1.93b (up 7.9% from 3Q 2022). Net income: JP¥160.0m (down 14% from 3Q 2022). Profit margin: 8.3% (down from 10% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
공시 • Nov 03CELSYS, Inc. (TSE:3663) announces an Equity Buyback for 1,000,000 shares, representing 3.02% for ¥500 million.CELSYS, Inc. (TSE:3663) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 3.02% of its issued share capital, for ¥500 million. The purpose of the program is to improve capital efficiency and implement a flexible capital policy that responds to the business environment. The program will expire on December 31, 2023. As of October 31, 2023, the company had 33,062,810 shares issued (excluding treasury stock) and 3,208,370 shares in treasury.
공시 • Oct 07CELSYS, Inc. to Report Q3, 2023 Results on Nov 02, 2023CELSYS, Inc. announced that they will report Q3, 2023 results on Nov 02, 2023
New Risk • Aug 09New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 66% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.8% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.3% net profit margin).
Reported Earnings • Aug 09Second quarter 2023 earnings released: JP¥14.20 loss per share (vs JP¥11.32 profit in 2Q 2022)Second quarter 2023 results: JP¥14.20 loss per share (down from JP¥11.32 profit in 2Q 2022). Revenue: JP¥2.04b (up 6.0% from 2Q 2022). Net loss: JP¥490.0m (down 222% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
공시 • Jul 06CELSYS, Inc. to Report Q2, 2023 Results on Aug 04, 2023CELSYS, Inc. announced that they will report Q2, 2023 results on Aug 04, 2023
Valuation Update With 7 Day Price Move • May 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥855, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 24x in the Software industry in Japan. Total returns to shareholders of 435% over the past three years.
공시 • May 12CELSYS, Inc. (TSE:3663) announces an Equity Buyback for 3,000,000 shares, representing 8.58% for ¥1,500 million.CELSYS, Inc. (TSE:3663) announces a share repurchase program. Under the program, the company will repurchase up to 3,000,000 shares, representing 8.58% for ¥1,500 million. The purpose of the program is to improve capital efficiency and implement a flexible capital policy that responds to the business environment. The program will expire on November 30, 2023. As of March 31, 2023, the company had 34,947,540 shares (excluding treasury stock) in issue and 1,323,640 shares in treasury.
Reported Earnings • May 09First quarter 2023 earnings released: EPS: JP¥11.39 (vs JP¥8.36 in 1Q 2022)First quarter 2023 results: EPS: JP¥11.39 (up from JP¥8.36 in 1Q 2022). Revenue: JP¥2.21b (up 21% from 1Q 2022). Net income: JP¥398.0m (up 39% from 1Q 2022). Profit margin: 18% (up from 16% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 71% per year whereas the company’s share price has increased by 75% per year.
Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥764, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 22x in the Software industry in Japan. Total returns to shareholders of 444% over the past three years.
Valuation Update With 7 Day Price Move • Feb 17Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥651, the stock trades at a trailing P/E ratio of 21.7x. Average trailing P/E is 23x in the Software industry in Japan. Total returns to shareholders of 241% over the past three years.
Reported Earnings • Feb 12Full year 2022 earnings released: EPS: JP¥29.81 (vs JP¥37.48 in FY 2021)Full year 2022 results: EPS: JP¥29.81 (down from JP¥37.48 in FY 2021). Revenue: JP¥7.54b (up 9.5% from FY 2021). Net income: JP¥1.05b (down 14% from FY 2021). Profit margin: 14% (down from 18% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth.
공시 • Feb 12CELSYS, Inc., Annual General Meeting, Mar 30, 2023CELSYS, Inc., Annual General Meeting, Mar 30, 2023.
공시 • Jan 12ArtSpark Holdings Inc. to Report Fiscal Year 2022 Results on Feb 10, 2023ArtSpark Holdings Inc. announced that they will report fiscal year 2022 results on Feb 10, 2023
Buying Opportunity • Dec 28Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 28%. The fair value is estimated to be JP¥806, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 69%.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 31 March 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.9%).
Buying Opportunity • Dec 05Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 29%. The fair value is estimated to be JP¥873, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 69%.
Board Change • Nov 16No independent directorsThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: No independent directors. 8 non-independent directors. Director Yuzo Watanabe was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity.
Reported Earnings • Nov 06Third quarter 2022 earnings released: EPS: JP¥5.22 (vs JP¥9.54 in 3Q 2021)Third quarter 2022 results: EPS: JP¥5.22 (down from JP¥9.54 in 3Q 2021). Revenue: JP¥1.79b (up 6.2% from 3Q 2021). Net income: JP¥187.0m (down 40% from 3Q 2021). Profit margin: 10% (down from 18% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 61% per year, which means it is significantly lagging earnings growth.
공시 • Oct 06ArtSpark Holdings Inc. to Report Q3, 2022 Results on Nov 04, 2022ArtSpark Holdings Inc. announced that they will report Q3, 2022 results on Nov 04, 2022
Valuation Update With 7 Day Price Move • Aug 12Investor sentiment improved over the past weekAfter last week's 21% share price gain to JP¥964, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 24x in the Software industry in Japan. Total returns to shareholders of 521% over the past three years.
Reported Earnings • Aug 07Second quarter 2022 earnings released: EPS: JP¥11.32 (vs JP¥9.77 in 2Q 2021)Second quarter 2022 results: EPS: JP¥11.32 (up from JP¥9.77 in 2Q 2021). Revenue: JP¥1.93b (up 12% from 2Q 2021). Net income: JP¥402.0m (up 26% from 2Q 2021). Profit margin: 21% (up from 19% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 16%, compared to a 14% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Aug 06ArtSpark Holdings Inc. (TSE:3663) announces an Equity Buyback for 1,600,000 shares, representing 4.44% for ¥1,000 million.ArtSpark Holdings Inc. (TSE:3663) announces a share repurchase program. Under the program, the company will repurchase up to 1,600,000 shares, representing 4.44% for ¥1,000 million. The purpose of the program is to improve capital efficiency and implement a flexible capital policy that responds to the business environment. The program will expire on October 31, 2022. As of June 30, 2022, the company had 36,034,832 shares (excluding treasury stock) in issue and 235,148 shares in treasury.
공시 • Jul 07ArtSpark Holdings Inc. to Report Q2, 2022 Results on Aug 05, 2022ArtSpark Holdings Inc. announced that they will report Q2, 2022 results on Aug 05, 2022
Reported Earnings • May 11First quarter 2022 earnings released: EPS: JP¥8.36 (vs JP¥16.68 in 1Q 2021)First quarter 2022 results: EPS: JP¥8.36 (down from JP¥16.68 in 1Q 2021). Revenue: JP¥1.83b (up 2.7% from 1Q 2021). Net income: JP¥286.0m (down 47% from 1Q 2021). Profit margin: 16% (down from 31% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 15%, compared to a 13% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Vice Representative Director Kei Narushima was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Apr 07ArtSpark Holdings Inc. to Report Q1, 2022 Results on May 06, 2022ArtSpark Holdings Inc. announced that they will report Q1, 2022 results on May 06, 2022
Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥765, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 19x in the Software industry in Japan. Total returns to shareholders of 356% over the past three years.
Buying Opportunity • Feb 23Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 35%. The fair value is estimated to be JP¥793, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% per annum over the last 3 years. The company has become profitable over the last year.
공시 • Feb 12ArtSpark Holdings Inc., Annual General Meeting, Mar 30, 2022ArtSpark Holdings Inc., Annual General Meeting, Mar 30, 2022.
Reported Earnings • Feb 12Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥37.48 (up from JP¥14.57 loss in FY 2020). Revenue: JP¥6.89b (up 8.1% from FY 2020). Net income: JP¥1.22b (up JP¥1.70b from FY 2020). Profit margin: 18% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Dec 29ArtSpark Holdings Inc. announced that it has received ¥1.5467152 billion in funding from LINE Digital Frontier Co., Ltd.On December 28, 2021, ArtSpark Holdings Inc. closed the transaction.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥3.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 31 March 2022. Payout ratio is a comfortable 6.0% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (1.5%).
Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS JP¥9.54 (vs JP¥26.31 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥1.69b (up 1.8% from 3Q 2020). Net income: JP¥311.0m (up JP¥1.17b from 3Q 2020). Profit margin: 18% (up from net loss in 3Q 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 53% per year, which means it is well ahead of earnings.