View Future GrowthSystem D 과거 순이익 실적과거 기준 점검 2/6System D은 연평균 2.9%의 비율로 수입이 증가해 온 반면, Software 산업은 수입이 13.5% 증가했습니다. 매출은 연평균 6.5%의 비율로 증가했습니다. System D의 자기자본이익률은 11.2%이고 순이익률은 11.2%입니다.핵심 정보2.90%순이익 성장률5.39%주당순이익(EPS) 성장률Software 산업 성장률12.13%매출 성장률6.50%자기자본이익률11.22%순이익률11.23%최근 순이익 업데이트30 Apr 2026최근 과거 실적 업데이트분석 기사 • 20hThere May Be Reason For Hope In System D's (TSE:3804) Disappointing EarningsInvestors were disappointed with the weak earnings posted by System D Inc. ( TSE:3804 ). Despite the soft profit...Reported Earnings • Jun 16Second quarter 2026 earnings releasedSecond quarter 2026 results: Revenue: JP¥1.96b (up 9.4% from 2Q 2025). Net income: JP¥304.0m (down 13% from 2Q 2025). Profit margin: 16% (down from 19% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 17First quarter 2026 earnings released: EPS: JP¥16.53 (vs JP¥15.14 in 1Q 2025)First quarter 2026 results: EPS: JP¥16.53 (up from JP¥15.14 in 1Q 2025). Revenue: JP¥1.06b (up 6.0% from 1Q 2025). Net income: JP¥106.0m (up 9.3% from 1Q 2025). Profit margin: 10.0% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year.Reported Earnings • Dec 16Full year 2025 earnings released: EPS: JP¥97.78 (vs JP¥86.64 in FY 2024)Full year 2025 results: EPS: JP¥97.78 (up from JP¥86.64 in FY 2024). Revenue: JP¥5.03b (up 8.7% from FY 2024). Net income: JP¥627.0m (up 13% from FY 2024). Profit margin: 13% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.공시 • Nov 01System D Inc. to Report Fiscal Year 2025 Results on Dec 15, 2025System D Inc. announced that they will report fiscal year 2025 results on Dec 15, 2025Reported Earnings • Sep 17Third quarter 2025 earnings released: EPS: JP¥6.70 (vs JP¥0.31 in 3Q 2024)Third quarter 2025 results: EPS: JP¥6.70 (up from JP¥0.31 in 3Q 2024). Revenue: JP¥946.0m (up 6.1% from 3Q 2024). Net income: JP¥43.0m (up JP¥41.0m from 3Q 2024). Profit margin: 4.5% (up from 0.2% in 3Q 2024). The increase in margin was driven by higher revenue. 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 19% per year, which means it is tracking significantly ahead of earnings growth.모든 업데이트 보기Recent updates분석 기사 • 20hThere May Be Reason For Hope In System D's (TSE:3804) Disappointing EarningsInvestors were disappointed with the weak earnings posted by System D Inc. ( TSE:3804 ). Despite the soft profit...Reported Earnings • Jun 16Second quarter 2026 earnings releasedSecond quarter 2026 results: Revenue: JP¥1.96b (up 9.4% from 2Q 2025). Net income: JP¥304.0m (down 13% from 2Q 2025). Profit margin: 16% (down from 19% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • May 07Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.1% to JP¥543. The fair value is estimated to be JP¥688, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 3.8%.New Risk • Mar 26New 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 6.9% 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 (6.9% average weekly change). Market cap is less than US$100m (JP¥11.5b market cap, or US$71.9m).Reported Earnings • Mar 17First quarter 2026 earnings released: EPS: JP¥16.53 (vs JP¥15.14 in 1Q 2025)First quarter 2026 results: EPS: JP¥16.53 (up from JP¥15.14 in 1Q 2025). Revenue: JP¥1.06b (up 6.0% from 1Q 2025). Net income: JP¥106.0m (up 9.3% from 1Q 2025). Profit margin: 10.0% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year.Buy Or Sell Opportunity • Mar 17Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 20% to JP¥1,524. The fair value is estimated to be JP¥2,030, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 3.8%.Reported Earnings • Dec 16Full year 2025 earnings released: EPS: JP¥97.78 (vs JP¥86.64 in FY 2024)Full year 2025 results: EPS: JP¥97.78 (up from JP¥86.64 in FY 2024). Revenue: JP¥5.03b (up 8.7% from FY 2024). Net income: JP¥627.0m (up 13% from FY 2024). Profit margin: 13% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.공시 • Dec 15System D Inc., Annual General Meeting, Jan 29, 2026System D Inc., Annual General Meeting, Jan 29, 2026.공시 • Nov 01System D Inc. to Report Fiscal Year 2025 Results on Dec 15, 2025System D Inc. announced that they will report fiscal year 2025 results on Dec 15, 2025Upcoming Dividend • Oct 23Upcoming dividend of JP¥27.00 per shareEligible shareholders must have bought the stock before 30 October 2025. Payment date: 02 February 2026. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.6%).Valuation Update With 7 Day Price Move • Sep 23Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥2,031, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 22x in the Software industry in Japan. Total returns to shareholders of 60% over the past three years.Reported Earnings • Sep 17Third quarter 2025 earnings released: EPS: JP¥6.70 (vs JP¥0.31 in 3Q 2024)Third quarter 2025 results: EPS: JP¥6.70 (up from JP¥0.31 in 3Q 2024). Revenue: JP¥946.0m (up 6.1% from 3Q 2024). Net income: JP¥43.0m (up JP¥41.0m from 3Q 2024). Profit margin: 4.5% (up from 0.2% in 3Q 2024). The increase in margin was driven by higher revenue. 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 19% per year, which means it is tracking significantly ahead of earnings growth.공시 • Aug 01System D Inc. to Report Q3, 2025 Results on Sep 16, 2025System D Inc. announced that they will report Q3, 2025 results on Sep 16, 2025Valuation Update With 7 Day Price Move • Jul 14Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥2,030, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 20x in the Software industry in Japan. Total returns to shareholders of 76% over the past three years.New Risk • Jul 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.2% average weekly change). Market cap is less than US$100m (JP¥13.3b market cap, or US$90.2m).분석 기사 • Jun 30There's Reason For Concern Over System D Inc.'s (TSE:3804) Massive 30% Price JumpSystem D Inc. ( TSE:3804 ) shareholders have had their patience rewarded with a 30% share price jump in the last month...Reported Earnings • Jun 21Second quarter 2025 earnings released: EPS: JP¥54.44 (vs JP¥42.77 in 2Q 2024)Second quarter 2025 results: EPS: JP¥54.44 (up from JP¥42.77 in 2Q 2024). Revenue: JP¥1.80b (up 23% from 2Q 2024). Net income: JP¥349.0m (up 27% from 2Q 2024). Profit margin: 19% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.분석 기사 • Jun 18Calculating The Fair Value Of System D Inc. (TSE:3804)Key Insights The projected fair value for System D is JP¥2,219 based on 2 Stage Free Cash Flow to Equity Current share...Buy Or Sell Opportunity • May 28Now 21% undervaluedOver the last 90 days, the stock has risen 8.8% to JP¥1,763. The fair value is estimated to be JP¥2,230, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years, while earnings per share has been flat.Buy Or Sell Opportunity • May 09Now 20% undervaluedOver the last 90 days, the stock has risen 26% to JP¥1,794. The fair value is estimated to be JP¥2,245, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years, while earnings per share has been flat.공시 • May 01System D Inc. to Report Q2, 2025 Results on Jun 16, 2025System D Inc. announced that they will report Q2, 2025 results on Jun 16, 2025Reported Earnings • Mar 18First quarter 2025 earnings released: EPS: JP¥15.14 (vs JP¥10.62 in 1Q 2024)First quarter 2025 results: EPS: JP¥15.14 (up from JP¥10.62 in 1Q 2024). Revenue: JP¥1.00b (up 8.9% from 1Q 2024). Net income: JP¥97.0m (up 43% from 1Q 2024). Profit margin: 9.7% (up from 7.4% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.분석 기사 • Feb 27System D (TSE:3804) Has More To Do To Multiply In Value Going ForwardIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...공시 • Feb 03System D Inc. to Report Q1, 2025 Results on Mar 17, 2025System D Inc. announced that they will report Q1, 2025 results on Mar 17, 2025분석 기사 • Dec 23There May Be Some Bright Spots In System D's (TSE:3804) EarningsThe market for System D Inc.'s ( TSE:3804 ) shares didn't move much after it posted weak earnings recently. We did some...Reported Earnings • Dec 19Full year 2024 earnings released: EPS: JP¥86.63 (vs JP¥98.72 in FY 2023)Full year 2024 results: EPS: JP¥86.63 (down from JP¥98.72 in FY 2023). Revenue: JP¥4.63b (down 2.2% from FY 2023). Net income: JP¥555.0m (down 12% from FY 2023). Profit margin: 12% (down from 13% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.공시 • Dec 16System D Inc., Annual General Meeting, Jan 30, 2025System D Inc., Annual General Meeting, Jan 30, 2025.Upcoming Dividend • Oct 23Upcoming dividend of JP¥24.00 per shareEligible shareholders must have bought the stock before 30 October 2024. Payment date: 31 January 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.3%).Reported Earnings • Sep 18Third quarter 2024 earnings released: EPS: JP¥0.31 (vs JP¥2.03 in 3Q 2023)Third quarter 2024 results: EPS: JP¥0.31 (down from JP¥2.03 in 3Q 2023). Revenue: JP¥892.0m (flat on 3Q 2023). Net income: JP¥2.00m (down 85% from 3Q 2023). Profit margin: 0.2% (down from 1.5% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year.공시 • Aug 06System D Inc. to Report Q3, 2024 Results on Sep 17, 2024System D Inc. announced that they will report Q3, 2024 results on Sep 17, 2024Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥1,424, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 22x in the Software industry in Japan. Negligible returns to shareholders over past three years.분석 기사 • Jun 17System D (TSE:3804) Is Posting Promising Earnings But The Good News Doesn’t Stop ThereShareholders appeared to be happy with System D Inc.'s ( TSE:3804 ) solid earnings report last week. Looking deeper at...분석 기사 • Jun 15Market Participants Recognise System D Inc.'s (TSE:3804) Earnings Pushing Shares 25% HigherSystem D Inc. ( TSE:3804 ) shares have had a really impressive month, gaining 25% after a shaky period beforehand...분석 기사 • Jun 11Returns On Capital At System D (TSE:3804) Have StalledFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Reported Earnings • Jun 11Second quarter 2024 earnings released: EPS: JP¥42.77 (vs JP¥41.39 in 2Q 2023)Second quarter 2024 results: EPS: JP¥42.77 (up from JP¥41.39 in 2Q 2023). Revenue: JP¥1.47b (flat on 2Q 2023). Net income: JP¥274.0m (up 3.4% from 2Q 2023). Profit margin: 19% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.공시 • May 03System D Inc. to Report Q2, 2024 Results on Jun 10, 2024System D Inc. announced that they will report Q2, 2024 results on Jun 10, 2024Reported Earnings • Mar 21First quarter 2024 earnings released: EPS: JP¥10.62 (vs JP¥17.34 in 1Q 2023)First quarter 2024 results: EPS: JP¥10.62 (down from JP¥17.34 in 1Q 2023). Revenue: JP¥921.0m (down 5.5% from 1Q 2023). Net income: JP¥68.0m (down 39% from 1Q 2023). Profit margin: 7.4% (down from 11% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.New Risk • Feb 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 27% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (27% increase in shares outstanding). Market cap is less than US$100m (JP¥10.1b market cap, or US$68.2m).Reported Earnings • Feb 03Full year 2023 earnings released: EPS: JP¥98.72 (vs JP¥92.32 in FY 2022)Full year 2023 results: EPS: JP¥98.72 (up from JP¥92.32 in FY 2022). Revenue: JP¥4.74b (up 12% from FY 2022). Net income: JP¥632.0m (up 6.9% from FY 2022). Profit margin: 13% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.공시 • Feb 02System D Inc. to Report Q1, 2024 Results on Mar 18, 2024System D Inc. announced that they will report Q1, 2024 results on Mar 18, 2024Reported Earnings • Dec 14Full year 2023 earnings released: EPS: JP¥98.71 (vs JP¥92.32 in FY 2022)Full year 2023 results: EPS: JP¥98.71 (up from JP¥92.32 in FY 2022). Revenue: JP¥4.74b (up 12% from FY 2022). Net income: JP¥632.0m (up 6.9% from FY 2022). Profit margin: 13% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.공시 • Dec 13System D Inc., Annual General Meeting, Jan 30, 2024System D Inc., Annual General Meeting, Jan 30, 2024.공시 • Nov 02System D Inc. to Report Fiscal Year 2023 Results on Dec 11, 2023System D Inc. announced that they will report fiscal year 2023 results on Dec 11, 2023Upcoming Dividend • Oct 23Upcoming dividend of JP¥22.00 per share at 1.5% yieldEligible shareholders must have bought the stock before 30 October 2023. Payment date: 30 January 2024. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.7%).Reported Earnings • Sep 13Third quarter 2023 earnings releasedThird quarter 2023 results: EPS: JP¥2.03. Revenue: JP¥887.0m (up 9.6% from 3Q 2022). Net income: JP¥13.0m (up JP¥13.0m from 3Q 2022). Profit margin: 1.5% (up from 0% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.공시 • Aug 03System D Inc. to Report Q3, 2023 Results on Sep 11, 2023System D Inc. announced that they will report Q3, 2023 results on Sep 11, 2023New Risk • Jun 17New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 37% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (37% accrual ratio). Minor Risk Market cap is less than US$100m (JP¥8.48b market cap, or US$59.8m).Reported Earnings • Jun 16Second quarter 2023 earnings released: EPS: JP¥41.38 (vs JP¥59.51 in 2Q 2022)Second quarter 2023 results: EPS: JP¥41.38 (down from JP¥59.51 in 2Q 2022). Revenue: JP¥1.45b (down 3.1% from 2Q 2022). Net income: JP¥265.0m (down 30% from 2Q 2022). Profit margin: 18% (down from 25% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 15First quarter 2023 earnings released: EPS: JP¥17.34 (vs JP¥8.75 in 1Q 2022)First quarter 2023 results: EPS: JP¥17.34 (up from JP¥8.75 in 1Q 2022). Revenue: JP¥975.0m (up 23% from 1Q 2022). Net income: JP¥111.0m (up 98% from 1Q 2022). Profit margin: 11% (up from 7.0% 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 9% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.공시 • Feb 02System D Inc. to Report Q1, 2023 Results on Mar 13, 2023System D Inc. announced that they will report Q1, 2023 results on Mar 13, 2023Reported Earnings • Feb 02Full year 2022 earnings released: EPS: JP¥92.32 (vs JP¥89.24 in FY 2021)Full year 2022 results: EPS: JP¥92.32 (up from JP¥89.24 in FY 2021). Revenue: JP¥4.23b (up 10% from FY 2021). Net income: JP¥591.0m (up 3.1% from FY 2021). Profit margin: 14% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Reported Earnings • Dec 15Full year 2022 earnings released: EPS: JP¥92.30 (vs JP¥89.24 in FY 2021)Full year 2022 results: EPS: JP¥92.30 (up from JP¥89.24 in FY 2021). Revenue: JP¥4.23b (up 10% from FY 2021). Net income: JP¥591.0m (up 3.1% from FY 2021). Profit margin: 14% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 10% per year.공시 • Dec 14System D Inc., Annual General Meeting, Jan 27, 2023System D Inc., Annual General Meeting, Jan 27, 2023.Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 8 highly experienced directors. No independent directors (7 non-independent directors). Chairman of the Board & President Michio Doyama was the last director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.공시 • Nov 02System D Inc. to Report Fiscal Year 2022 Results on Dec 12, 2022System D Inc. announced that they will report fiscal year 2022 results on Dec 12, 2022Upcoming Dividend • Oct 21Upcoming dividend of JP¥19.00 per shareEligible shareholders must have bought the stock before 28 October 2022. Payment date: 31 January 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.8%).Buying Opportunity • Oct 07Now 20% undervaluedOver the last 90 days, the stock is up 12%. The fair value is estimated to be JP¥1,724, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has grown by 16%.Buying Opportunity • Sep 16Now 22% undervaluedOver the last 90 days, the stock is up 22%. The fair value is estimated to be JP¥1,743, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has grown by 16%.Reported Earnings • Sep 15Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: JP¥809.0m (down 1.7% from 3Q 2021). Net income: JP¥0 (down JP¥43.0m from profit in 3Q 2021). Profit margin: 0% (down from 5.2% in 3Q 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.Buying Opportunity • Aug 24Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.0%. The fair value is estimated to be JP¥1,639, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 17% in 2 years. Earnings is forecast to grow by 11% in the next 2 years.Buying Opportunity • Aug 01Now 21% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be JP¥1,638, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 17% in 2 years. Earnings is forecast to grow by 11% in the next 2 years.공시 • Jul 31System D Inc. to Report Q3, 2022 Results on Sep 12, 2022System D Inc. announced that they will report Q3, 2022 results on Sep 12, 2022Reported Earnings • Jun 14Second quarter 2022 earnings released: EPS: JP¥59.50 (vs JP¥41.23 in 2Q 2021)Second quarter 2022 results: EPS: JP¥59.50 (up from JP¥41.23 in 2Q 2021). Revenue: JP¥1.50b (up 20% from 2Q 2021). Net income: JP¥381.0m (up 44% from 2Q 2021). Profit margin: 25% (up from 21% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.2%, compared to a 13% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 20% per year.Buying Opportunity • Jun 07Now 20% undervaluedOver the last 90 days, the stock is up 8.2%. The fair value is estimated to be JP¥1,590, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 22% in 2 years. Earnings is forecast to grow by 31% in the next 2 years.Buying Opportunity • May 18Now 20% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be JP¥1,599, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 22% in 2 years. Earnings is forecast to grow by 31% in the next 2 years.공시 • May 02System D Inc. to Report Q2, 2022 Results on Jun 13, 2022System D Inc. announced that they will report Q2, 2022 results on Jun 13, 2022Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 8 highly experienced directors. No independent directors (7 non-independent directors). Chairman of the Board & President Michio Doyama was the last director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Mar 15First quarter 2022 earnings: EPS in line with expectations, revenues disappointFirst quarter 2022 results: EPS: JP¥8.75 (down from JP¥10.81 in 1Q 2021). Revenue: JP¥796.0m (up 8.4% from 1Q 2021). Net income: JP¥56.0m (down 20% from 1Q 2021). Profit margin: 7.0% (down from 9.5% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.7%. Over the next year, revenue is forecast to grow 12%, compared to a 14% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 25% per year.Reported Earnings • Feb 03Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥89.24 (up from JP¥78.56 in FY 2020). Revenue: JP¥3.84b (flat on FY 2020). Net income: JP¥573.0m (up 12% from FY 2020). Profit margin: 15% (up from 13% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 11%, compared to a 16% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.공시 • Feb 02System D Inc. to Report Q1, 2022 Results on Mar 14, 2022System D Inc. announced that they will report Q1, 2022 results on Mar 14, 2022Valuation Update With 7 Day Price Move • Dec 20Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to JP¥1,183, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 22x in the Software industry in Japan. Total returns to shareholders of 128% over the past three years.Reported Earnings • Dec 16Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥89.24 (up from JP¥78.56 in FY 2020). Revenue: JP¥3.84b (flat on FY 2020). Net income: JP¥573.0m (up 12% from FY 2020). Profit margin: 15% (up from 13% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Oct 21Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 28 October 2021. Payment date: 29 January 2022. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.0%). Lower than average of industry peers (1.3%).Reported Earnings • Sep 15Third quarter 2021 earnings released: EPS JP¥6.72 (vs JP¥5.24 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¥823.0m (up 18% from 3Q 2020). Net income: JP¥43.0m (up JP¥77.0m from 3Q 2020). Profit margin: 5.2% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 24% per year.Reported Earnings • Jun 17Second quarter 2021 earnings released: EPS JP¥41.23 (vs JP¥60.69 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥1.25b (down 17% from 2Q 2020). Net income: JP¥264.0m (down 33% from 2Q 2020). Profit margin: 21% (down from 26% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 31% per year.분석 기사 • Apr 28Why System D Inc. (TYO:3804) Could Be Worth WatchingSystem D Inc. ( TYO:3804 ), might not be a large cap stock, but it saw significant share price movement during recent...분석 기사 • Apr 13Do System D's (TYO:3804) Earnings Warrant Your Attention?It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...분석 기사 • Mar 29Is System D Inc. (TYO:3804) A Smart Pick For Income Investors?Could System D Inc. ( TYO:3804 ) be an attractive dividend share to own for the long haul? Investors are often drawn to...분석 기사 • Mar 14Why We Like The Returns At System D (TYO:3804)What are the early trends we should look for to identify a stock that could multiply in value over the long term...분석 기사 • Feb 23Declining Stock and Solid Fundamentals: Is The Market Wrong About System D Inc. (TYO:3804)?It is hard to get excited after looking at System D's (TYO:3804) recent performance, when its stock has declined 9.6...분석 기사 • Feb 10System D (TYO:3804) Has Rewarded Shareholders With An Exceptional 664% Total Return On Their InvestmentBuying shares in the best businesses can build meaningful wealth for you and your family. While not every stock...Reported Earnings • Feb 02Full year 2020 earnings released: EPS JP¥78.56 (vs JP¥58.84 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥3.85b (up 8.1% from FY 2019). Net income: JP¥510.0m (up 34% from FY 2019). Profit margin: 13% (up from 11% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.Analyst Estimate Surprise Post Earnings • Feb 02Revenue and earnings miss expectationsRevenue missed analyst estimates by 5.2%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 12%, compared to a 12% growth forecast for the Software industry in Japan.공시 • Jan 31System D Inc. to Report Q1, 2021 Results on Mar 15, 2021System D Inc. announced that they will report Q1, 2021 results on Mar 15, 2021Is New 90 Day High Low • Jan 29New 90-day low: JP¥1,529The company is down 6.0% from its price of JP¥1,631 on 30 October 2020. The Japanese market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 6.0% over the same period.분석 기사 • Jan 26What Is System D Inc.'s (TYO:3804) Share Price Doing?System D Inc. ( TYO:3804 ), is not the largest company out there, but it received a lot of attention from a substantial...분석 기사 • Jan 11With EPS Growth And More, System D (TYO:3804) Is InterestingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Is New 90 Day High Low • Dec 30New 90-day low: JP¥1,563The company is down 2.0% from its price of JP¥1,596 on 30 September 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 5.0% over the same period.분석 기사 • Dec 27System D Inc. (TYO:3804) Is An Attractive Dividend Stock - Here's WhyCould System D Inc. ( TYO:3804 ) be an attractive dividend share to own for the long haul? Investors are often drawn to...공시 • Dec 16System D Inc., Annual General Meeting, Jan 28, 2021System D Inc., Annual General Meeting, Jan 28, 2021.Reported Earnings • Dec 16Full year 2020 earnings released: EPS JP¥78.55The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥3.85b (up 8.1% from FY 2019). Net income: JP¥510.0m (up 34% from FY 2019). Profit margin: 13% (up from 11% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.Analyst Estimate Surprise Post Earnings • Dec 16Revenue and earnings miss expectationsRevenue missed analyst estimates by 5.2%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 12%, compared to a 12% growth forecast for the Software industry in Japan.분석 기사 • Dec 14Why We Like The Returns At System D (TYO:3804)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...분석 기사 • Dec 01What Is The Ownership Structure Like For System D Inc. (TYO:3804)?The big shareholder groups in System D Inc. (TYO:3804) have power over the company. Generally speaking, as a company...Valuation Update With 7 Day Price Move • Oct 26Market pulls back on stock over the past weekAfter last week's 17% share price decline to JP¥1,708, the stock is trading at a trailing P/E ratio of 19.7x, down from the previous P/E ratio of 23.7x. This compares to an average P/E of 38x in the Software industry in Japan. Total returns to shareholders over the past three years are 181%.Upcoming Dividend • Oct 22Upcoming Dividend of JP¥10.00 Per ShareWill be paid on the 31st of January to those who are registered shareholders by the 29th of October. The trailing yield of 0.5% is below the top quartile of Japanese dividend payers (3.2%), and is lower than industry peers (1.3%).Valuation Update With 7 Day Price Move • Oct 13Market bids up stock over the past weekAfter last week's 17% share price gain to JP¥2,184, the stock is trading at a trailing P/E ratio of 25.1x, up from the previous P/E ratio of 21.5x. This compares to an average P/E of 34x in the Software industry in Japan. Total returns to shareholders over the past three years are 286%.Is New 90 Day High Low • Oct 07New 90-day high: JP¥1,892The company is up 27% from its price of JP¥1,489 on 09 July 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 4.0% over the same period.Reported Earnings • Sep 18Third quarter earnings releasedOver the last 12 months the company has reported total profits of JP¥564.0m, up 73% from the prior year. Total revenue was JP¥4.03b over the last 12 months, up 20% from the prior year.공시 • Aug 09System D Inc. to Report Q3, 2020 Results on Sep 14, 2020System D Inc. announced that they will report Q3, 2020 results on Sep 14, 2020매출 및 비용 세부 내역System D가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TSE:3804 매출, 비용 및 순이익 (JPY Millions)날짜매출순이익일반관리비연구개발비30 Apr 265,2615911,338031 Jan 265,0926361,278031 Oct 255,0326271,242031 Jul 255,0977001,203030 Apr 255,0436591,204031 Jan 254,7135841,178031 Oct 244,6315551,175031 Jul 244,6995871,199030 Apr 244,6945981,190031 Jan 244,6825891,186031 Oct 234,7366321,153031 Jul 234,4435431,128030 Apr 234,3655301,108031 Jan 234,4116461,067031 Oct 224,2325911,055031 Jul 224,1446331,006030 Apr 224,158676992031 Jan 223,9045591,004031 Oct 213,8425731,009031 Jul 213,8245271,021030 Apr 213,6994501,003031 Jan 213,9515801,016031 Oct 203,8545101,031031 Jul 204,0255641,057030 Apr 203,9395361,089031 Jan 203,7154901,084031 Oct 193,5663821,082031 Jul 193,3603251,048030 Apr 193,3183001,049031 Jan 193,3562631,063031 Oct 183,3992581,063031 Jul 183,5022771,056030 Apr 183,8342361,018031 Jan 183,957325981031 Oct 173,807238945031 Jul 173,919290930030 Apr 173,423253928031 Jan 173,181101919031 Oct 163,108134917031 Jul 162,836114904030 Apr 162,72696887031 Jan 162,63687862031 Oct 152,676145846031 Jul 152,557948240양질의 수익: 3804는 고품질 수익을 보유하고 있습니다.이익 마진 증가: 3804의 현재 순 이익률 (11.2%)은 지난해 (13.1%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 3804의 수익은 지난 5년 동안 연평균 2.9% 증가했습니다.성장 가속화: 3804은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: 3804은 지난 1년 동안 수익이 감소(-10.3%)하여 Software 업계 평균(16.4%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: 3804의 자본 수익률(11.2%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YSoftware 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/23 18:33종가2026/06/23 00:00수익2026/04/30연간 수익2025/10/31데이터 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 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.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 소스System D Inc.는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Katsumi HosoiTokai Tokyo Intelligence Laboratory Co., Ltd.
분석 기사 • 20hThere May Be Reason For Hope In System D's (TSE:3804) Disappointing EarningsInvestors were disappointed with the weak earnings posted by System D Inc. ( TSE:3804 ). Despite the soft profit...
Reported Earnings • Jun 16Second quarter 2026 earnings releasedSecond quarter 2026 results: Revenue: JP¥1.96b (up 9.4% from 2Q 2025). Net income: JP¥304.0m (down 13% from 2Q 2025). Profit margin: 16% (down from 19% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 17First quarter 2026 earnings released: EPS: JP¥16.53 (vs JP¥15.14 in 1Q 2025)First quarter 2026 results: EPS: JP¥16.53 (up from JP¥15.14 in 1Q 2025). Revenue: JP¥1.06b (up 6.0% from 1Q 2025). Net income: JP¥106.0m (up 9.3% from 1Q 2025). Profit margin: 10.0% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year.
Reported Earnings • Dec 16Full year 2025 earnings released: EPS: JP¥97.78 (vs JP¥86.64 in FY 2024)Full year 2025 results: EPS: JP¥97.78 (up from JP¥86.64 in FY 2024). Revenue: JP¥5.03b (up 8.7% from FY 2024). Net income: JP¥627.0m (up 13% from FY 2024). Profit margin: 13% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Nov 01System D Inc. to Report Fiscal Year 2025 Results on Dec 15, 2025System D Inc. announced that they will report fiscal year 2025 results on Dec 15, 2025
Reported Earnings • Sep 17Third quarter 2025 earnings released: EPS: JP¥6.70 (vs JP¥0.31 in 3Q 2024)Third quarter 2025 results: EPS: JP¥6.70 (up from JP¥0.31 in 3Q 2024). Revenue: JP¥946.0m (up 6.1% from 3Q 2024). Net income: JP¥43.0m (up JP¥41.0m from 3Q 2024). Profit margin: 4.5% (up from 0.2% in 3Q 2024). The increase in margin was driven by higher revenue. 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 19% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • 20hThere May Be Reason For Hope In System D's (TSE:3804) Disappointing EarningsInvestors were disappointed with the weak earnings posted by System D Inc. ( TSE:3804 ). Despite the soft profit...
Reported Earnings • Jun 16Second quarter 2026 earnings releasedSecond quarter 2026 results: Revenue: JP¥1.96b (up 9.4% from 2Q 2025). Net income: JP¥304.0m (down 13% from 2Q 2025). Profit margin: 16% (down from 19% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • May 07Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.1% to JP¥543. The fair value is estimated to be JP¥688, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 3.8%.
New Risk • Mar 26New 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 6.9% 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 (6.9% average weekly change). Market cap is less than US$100m (JP¥11.5b market cap, or US$71.9m).
Reported Earnings • Mar 17First quarter 2026 earnings released: EPS: JP¥16.53 (vs JP¥15.14 in 1Q 2025)First quarter 2026 results: EPS: JP¥16.53 (up from JP¥15.14 in 1Q 2025). Revenue: JP¥1.06b (up 6.0% from 1Q 2025). Net income: JP¥106.0m (up 9.3% from 1Q 2025). Profit margin: 10.0% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year.
Buy Or Sell Opportunity • Mar 17Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 20% to JP¥1,524. The fair value is estimated to be JP¥2,030, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 3.8%.
Reported Earnings • Dec 16Full year 2025 earnings released: EPS: JP¥97.78 (vs JP¥86.64 in FY 2024)Full year 2025 results: EPS: JP¥97.78 (up from JP¥86.64 in FY 2024). Revenue: JP¥5.03b (up 8.7% from FY 2024). Net income: JP¥627.0m (up 13% from FY 2024). Profit margin: 13% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Dec 15System D Inc., Annual General Meeting, Jan 29, 2026System D Inc., Annual General Meeting, Jan 29, 2026.
공시 • Nov 01System D Inc. to Report Fiscal Year 2025 Results on Dec 15, 2025System D Inc. announced that they will report fiscal year 2025 results on Dec 15, 2025
Upcoming Dividend • Oct 23Upcoming dividend of JP¥27.00 per shareEligible shareholders must have bought the stock before 30 October 2025. Payment date: 02 February 2026. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.6%).
Valuation Update With 7 Day Price Move • Sep 23Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥2,031, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 22x in the Software industry in Japan. Total returns to shareholders of 60% over the past three years.
Reported Earnings • Sep 17Third quarter 2025 earnings released: EPS: JP¥6.70 (vs JP¥0.31 in 3Q 2024)Third quarter 2025 results: EPS: JP¥6.70 (up from JP¥0.31 in 3Q 2024). Revenue: JP¥946.0m (up 6.1% from 3Q 2024). Net income: JP¥43.0m (up JP¥41.0m from 3Q 2024). Profit margin: 4.5% (up from 0.2% in 3Q 2024). The increase in margin was driven by higher revenue. 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 19% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Aug 01System D Inc. to Report Q3, 2025 Results on Sep 16, 2025System D Inc. announced that they will report Q3, 2025 results on Sep 16, 2025
Valuation Update With 7 Day Price Move • Jul 14Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥2,030, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 20x in the Software industry in Japan. Total returns to shareholders of 76% over the past three years.
New Risk • Jul 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.2% average weekly change). Market cap is less than US$100m (JP¥13.3b market cap, or US$90.2m).
분석 기사 • Jun 30There's Reason For Concern Over System D Inc.'s (TSE:3804) Massive 30% Price JumpSystem D Inc. ( TSE:3804 ) shareholders have had their patience rewarded with a 30% share price jump in the last month...
Reported Earnings • Jun 21Second quarter 2025 earnings released: EPS: JP¥54.44 (vs JP¥42.77 in 2Q 2024)Second quarter 2025 results: EPS: JP¥54.44 (up from JP¥42.77 in 2Q 2024). Revenue: JP¥1.80b (up 23% from 2Q 2024). Net income: JP¥349.0m (up 27% from 2Q 2024). Profit margin: 19% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.
분석 기사 • Jun 18Calculating The Fair Value Of System D Inc. (TSE:3804)Key Insights The projected fair value for System D is JP¥2,219 based on 2 Stage Free Cash Flow to Equity Current share...
Buy Or Sell Opportunity • May 28Now 21% undervaluedOver the last 90 days, the stock has risen 8.8% to JP¥1,763. The fair value is estimated to be JP¥2,230, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years, while earnings per share has been flat.
Buy Or Sell Opportunity • May 09Now 20% undervaluedOver the last 90 days, the stock has risen 26% to JP¥1,794. The fair value is estimated to be JP¥2,245, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years, while earnings per share has been flat.
공시 • May 01System D Inc. to Report Q2, 2025 Results on Jun 16, 2025System D Inc. announced that they will report Q2, 2025 results on Jun 16, 2025
Reported Earnings • Mar 18First quarter 2025 earnings released: EPS: JP¥15.14 (vs JP¥10.62 in 1Q 2024)First quarter 2025 results: EPS: JP¥15.14 (up from JP¥10.62 in 1Q 2024). Revenue: JP¥1.00b (up 8.9% from 1Q 2024). Net income: JP¥97.0m (up 43% from 1Q 2024). Profit margin: 9.7% (up from 7.4% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
분석 기사 • Feb 27System D (TSE:3804) Has More To Do To Multiply In Value Going ForwardIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
공시 • Feb 03System D Inc. to Report Q1, 2025 Results on Mar 17, 2025System D Inc. announced that they will report Q1, 2025 results on Mar 17, 2025
분석 기사 • Dec 23There May Be Some Bright Spots In System D's (TSE:3804) EarningsThe market for System D Inc.'s ( TSE:3804 ) shares didn't move much after it posted weak earnings recently. We did some...
Reported Earnings • Dec 19Full year 2024 earnings released: EPS: JP¥86.63 (vs JP¥98.72 in FY 2023)Full year 2024 results: EPS: JP¥86.63 (down from JP¥98.72 in FY 2023). Revenue: JP¥4.63b (down 2.2% from FY 2023). Net income: JP¥555.0m (down 12% from FY 2023). Profit margin: 12% (down from 13% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
공시 • Dec 16System D Inc., Annual General Meeting, Jan 30, 2025System D Inc., Annual General Meeting, Jan 30, 2025.
Upcoming Dividend • Oct 23Upcoming dividend of JP¥24.00 per shareEligible shareholders must have bought the stock before 30 October 2024. Payment date: 31 January 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.3%).
Reported Earnings • Sep 18Third quarter 2024 earnings released: EPS: JP¥0.31 (vs JP¥2.03 in 3Q 2023)Third quarter 2024 results: EPS: JP¥0.31 (down from JP¥2.03 in 3Q 2023). Revenue: JP¥892.0m (flat on 3Q 2023). Net income: JP¥2.00m (down 85% from 3Q 2023). Profit margin: 0.2% (down from 1.5% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year.
공시 • Aug 06System D Inc. to Report Q3, 2024 Results on Sep 17, 2024System D Inc. announced that they will report Q3, 2024 results on Sep 17, 2024
Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥1,424, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 22x in the Software industry in Japan. Negligible returns to shareholders over past three years.
분석 기사 • Jun 17System D (TSE:3804) Is Posting Promising Earnings But The Good News Doesn’t Stop ThereShareholders appeared to be happy with System D Inc.'s ( TSE:3804 ) solid earnings report last week. Looking deeper at...
분석 기사 • Jun 15Market Participants Recognise System D Inc.'s (TSE:3804) Earnings Pushing Shares 25% HigherSystem D Inc. ( TSE:3804 ) shares have had a really impressive month, gaining 25% after a shaky period beforehand...
분석 기사 • Jun 11Returns On Capital At System D (TSE:3804) Have StalledFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Reported Earnings • Jun 11Second quarter 2024 earnings released: EPS: JP¥42.77 (vs JP¥41.39 in 2Q 2023)Second quarter 2024 results: EPS: JP¥42.77 (up from JP¥41.39 in 2Q 2023). Revenue: JP¥1.47b (flat on 2Q 2023). Net income: JP¥274.0m (up 3.4% from 2Q 2023). Profit margin: 19% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
공시 • May 03System D Inc. to Report Q2, 2024 Results on Jun 10, 2024System D Inc. announced that they will report Q2, 2024 results on Jun 10, 2024
Reported Earnings • Mar 21First quarter 2024 earnings released: EPS: JP¥10.62 (vs JP¥17.34 in 1Q 2023)First quarter 2024 results: EPS: JP¥10.62 (down from JP¥17.34 in 1Q 2023). Revenue: JP¥921.0m (down 5.5% from 1Q 2023). Net income: JP¥68.0m (down 39% from 1Q 2023). Profit margin: 7.4% (down from 11% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
New Risk • Feb 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 27% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (27% increase in shares outstanding). Market cap is less than US$100m (JP¥10.1b market cap, or US$68.2m).
Reported Earnings • Feb 03Full year 2023 earnings released: EPS: JP¥98.72 (vs JP¥92.32 in FY 2022)Full year 2023 results: EPS: JP¥98.72 (up from JP¥92.32 in FY 2022). Revenue: JP¥4.74b (up 12% from FY 2022). Net income: JP¥632.0m (up 6.9% from FY 2022). Profit margin: 13% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
공시 • Feb 02System D Inc. to Report Q1, 2024 Results on Mar 18, 2024System D Inc. announced that they will report Q1, 2024 results on Mar 18, 2024
Reported Earnings • Dec 14Full year 2023 earnings released: EPS: JP¥98.71 (vs JP¥92.32 in FY 2022)Full year 2023 results: EPS: JP¥98.71 (up from JP¥92.32 in FY 2022). Revenue: JP¥4.74b (up 12% from FY 2022). Net income: JP¥632.0m (up 6.9% from FY 2022). Profit margin: 13% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
공시 • Dec 13System D Inc., Annual General Meeting, Jan 30, 2024System D Inc., Annual General Meeting, Jan 30, 2024.
공시 • Nov 02System D Inc. to Report Fiscal Year 2023 Results on Dec 11, 2023System D Inc. announced that they will report fiscal year 2023 results on Dec 11, 2023
Upcoming Dividend • Oct 23Upcoming dividend of JP¥22.00 per share at 1.5% yieldEligible shareholders must have bought the stock before 30 October 2023. Payment date: 30 January 2024. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.7%).
Reported Earnings • Sep 13Third quarter 2023 earnings releasedThird quarter 2023 results: EPS: JP¥2.03. Revenue: JP¥887.0m (up 9.6% from 3Q 2022). Net income: JP¥13.0m (up JP¥13.0m from 3Q 2022). Profit margin: 1.5% (up from 0% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
공시 • Aug 03System D Inc. to Report Q3, 2023 Results on Sep 11, 2023System D Inc. announced that they will report Q3, 2023 results on Sep 11, 2023
New Risk • Jun 17New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 37% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (37% accrual ratio). Minor Risk Market cap is less than US$100m (JP¥8.48b market cap, or US$59.8m).
Reported Earnings • Jun 16Second quarter 2023 earnings released: EPS: JP¥41.38 (vs JP¥59.51 in 2Q 2022)Second quarter 2023 results: EPS: JP¥41.38 (down from JP¥59.51 in 2Q 2022). Revenue: JP¥1.45b (down 3.1% from 2Q 2022). Net income: JP¥265.0m (down 30% from 2Q 2022). Profit margin: 18% (down from 25% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 15First quarter 2023 earnings released: EPS: JP¥17.34 (vs JP¥8.75 in 1Q 2022)First quarter 2023 results: EPS: JP¥17.34 (up from JP¥8.75 in 1Q 2022). Revenue: JP¥975.0m (up 23% from 1Q 2022). Net income: JP¥111.0m (up 98% from 1Q 2022). Profit margin: 11% (up from 7.0% 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 9% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Feb 02System D Inc. to Report Q1, 2023 Results on Mar 13, 2023System D Inc. announced that they will report Q1, 2023 results on Mar 13, 2023
Reported Earnings • Feb 02Full year 2022 earnings released: EPS: JP¥92.32 (vs JP¥89.24 in FY 2021)Full year 2022 results: EPS: JP¥92.32 (up from JP¥89.24 in FY 2021). Revenue: JP¥4.23b (up 10% from FY 2021). Net income: JP¥591.0m (up 3.1% from FY 2021). Profit margin: 14% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Dec 15Full year 2022 earnings released: EPS: JP¥92.30 (vs JP¥89.24 in FY 2021)Full year 2022 results: EPS: JP¥92.30 (up from JP¥89.24 in FY 2021). Revenue: JP¥4.23b (up 10% from FY 2021). Net income: JP¥591.0m (up 3.1% from FY 2021). Profit margin: 14% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 10% per year.
공시 • Dec 14System D Inc., Annual General Meeting, Jan 27, 2023System D Inc., Annual General Meeting, Jan 27, 2023.
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 8 highly experienced directors. No independent directors (7 non-independent directors). Chairman of the Board & President Michio Doyama was the last director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
공시 • Nov 02System D Inc. to Report Fiscal Year 2022 Results on Dec 12, 2022System D Inc. announced that they will report fiscal year 2022 results on Dec 12, 2022
Upcoming Dividend • Oct 21Upcoming dividend of JP¥19.00 per shareEligible shareholders must have bought the stock before 28 October 2022. Payment date: 31 January 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.8%).
Buying Opportunity • Oct 07Now 20% undervaluedOver the last 90 days, the stock is up 12%. The fair value is estimated to be JP¥1,724, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has grown by 16%.
Buying Opportunity • Sep 16Now 22% undervaluedOver the last 90 days, the stock is up 22%. The fair value is estimated to be JP¥1,743, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has grown by 16%.
Reported Earnings • Sep 15Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: JP¥809.0m (down 1.7% from 3Q 2021). Net income: JP¥0 (down JP¥43.0m from profit in 3Q 2021). Profit margin: 0% (down from 5.2% in 3Q 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
Buying Opportunity • Aug 24Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.0%. The fair value is estimated to be JP¥1,639, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 17% in 2 years. Earnings is forecast to grow by 11% in the next 2 years.
Buying Opportunity • Aug 01Now 21% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be JP¥1,638, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 17% in 2 years. Earnings is forecast to grow by 11% in the next 2 years.
공시 • Jul 31System D Inc. to Report Q3, 2022 Results on Sep 12, 2022System D Inc. announced that they will report Q3, 2022 results on Sep 12, 2022
Reported Earnings • Jun 14Second quarter 2022 earnings released: EPS: JP¥59.50 (vs JP¥41.23 in 2Q 2021)Second quarter 2022 results: EPS: JP¥59.50 (up from JP¥41.23 in 2Q 2021). Revenue: JP¥1.50b (up 20% from 2Q 2021). Net income: JP¥381.0m (up 44% from 2Q 2021). Profit margin: 25% (up from 21% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.2%, compared to a 13% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 20% per year.
Buying Opportunity • Jun 07Now 20% undervaluedOver the last 90 days, the stock is up 8.2%. The fair value is estimated to be JP¥1,590, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 22% in 2 years. Earnings is forecast to grow by 31% in the next 2 years.
Buying Opportunity • May 18Now 20% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be JP¥1,599, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 22% in 2 years. Earnings is forecast to grow by 31% in the next 2 years.
공시 • May 02System D Inc. to Report Q2, 2022 Results on Jun 13, 2022System D Inc. announced that they will report Q2, 2022 results on Jun 13, 2022
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 8 highly experienced directors. No independent directors (7 non-independent directors). Chairman of the Board & President Michio Doyama was the last director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 15First quarter 2022 earnings: EPS in line with expectations, revenues disappointFirst quarter 2022 results: EPS: JP¥8.75 (down from JP¥10.81 in 1Q 2021). Revenue: JP¥796.0m (up 8.4% from 1Q 2021). Net income: JP¥56.0m (down 20% from 1Q 2021). Profit margin: 7.0% (down from 9.5% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.7%. Over the next year, revenue is forecast to grow 12%, compared to a 14% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 25% per year.
Reported Earnings • Feb 03Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥89.24 (up from JP¥78.56 in FY 2020). Revenue: JP¥3.84b (flat on FY 2020). Net income: JP¥573.0m (up 12% from FY 2020). Profit margin: 15% (up from 13% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 11%, compared to a 16% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Feb 02System D Inc. to Report Q1, 2022 Results on Mar 14, 2022System D Inc. announced that they will report Q1, 2022 results on Mar 14, 2022
Valuation Update With 7 Day Price Move • Dec 20Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to JP¥1,183, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 22x in the Software industry in Japan. Total returns to shareholders of 128% over the past three years.
Reported Earnings • Dec 16Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥89.24 (up from JP¥78.56 in FY 2020). Revenue: JP¥3.84b (flat on FY 2020). Net income: JP¥573.0m (up 12% from FY 2020). Profit margin: 15% (up from 13% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Oct 21Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 28 October 2021. Payment date: 29 January 2022. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.0%). Lower than average of industry peers (1.3%).
Reported Earnings • Sep 15Third quarter 2021 earnings released: EPS JP¥6.72 (vs JP¥5.24 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¥823.0m (up 18% from 3Q 2020). Net income: JP¥43.0m (up JP¥77.0m from 3Q 2020). Profit margin: 5.2% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 24% per year.
Reported Earnings • Jun 17Second quarter 2021 earnings released: EPS JP¥41.23 (vs JP¥60.69 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥1.25b (down 17% from 2Q 2020). Net income: JP¥264.0m (down 33% from 2Q 2020). Profit margin: 21% (down from 26% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 31% per year.
분석 기사 • Apr 28Why System D Inc. (TYO:3804) Could Be Worth WatchingSystem D Inc. ( TYO:3804 ), might not be a large cap stock, but it saw significant share price movement during recent...
분석 기사 • Apr 13Do System D's (TYO:3804) Earnings Warrant Your Attention?It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
분석 기사 • Mar 29Is System D Inc. (TYO:3804) A Smart Pick For Income Investors?Could System D Inc. ( TYO:3804 ) be an attractive dividend share to own for the long haul? Investors are often drawn to...
분석 기사 • Mar 14Why We Like The Returns At System D (TYO:3804)What are the early trends we should look for to identify a stock that could multiply in value over the long term...
분석 기사 • Feb 23Declining Stock and Solid Fundamentals: Is The Market Wrong About System D Inc. (TYO:3804)?It is hard to get excited after looking at System D's (TYO:3804) recent performance, when its stock has declined 9.6...
분석 기사 • Feb 10System D (TYO:3804) Has Rewarded Shareholders With An Exceptional 664% Total Return On Their InvestmentBuying shares in the best businesses can build meaningful wealth for you and your family. While not every stock...
Reported Earnings • Feb 02Full year 2020 earnings released: EPS JP¥78.56 (vs JP¥58.84 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥3.85b (up 8.1% from FY 2019). Net income: JP¥510.0m (up 34% from FY 2019). Profit margin: 13% (up from 11% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.
Analyst Estimate Surprise Post Earnings • Feb 02Revenue and earnings miss expectationsRevenue missed analyst estimates by 5.2%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 12%, compared to a 12% growth forecast for the Software industry in Japan.
공시 • Jan 31System D Inc. to Report Q1, 2021 Results on Mar 15, 2021System D Inc. announced that they will report Q1, 2021 results on Mar 15, 2021
Is New 90 Day High Low • Jan 29New 90-day low: JP¥1,529The company is down 6.0% from its price of JP¥1,631 on 30 October 2020. The Japanese market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 6.0% over the same period.
분석 기사 • Jan 26What Is System D Inc.'s (TYO:3804) Share Price Doing?System D Inc. ( TYO:3804 ), is not the largest company out there, but it received a lot of attention from a substantial...
분석 기사 • Jan 11With EPS Growth And More, System D (TYO:3804) Is InterestingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Is New 90 Day High Low • Dec 30New 90-day low: JP¥1,563The company is down 2.0% from its price of JP¥1,596 on 30 September 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 5.0% over the same period.
분석 기사 • Dec 27System D Inc. (TYO:3804) Is An Attractive Dividend Stock - Here's WhyCould System D Inc. ( TYO:3804 ) be an attractive dividend share to own for the long haul? Investors are often drawn to...
공시 • Dec 16System D Inc., Annual General Meeting, Jan 28, 2021System D Inc., Annual General Meeting, Jan 28, 2021.
Reported Earnings • Dec 16Full year 2020 earnings released: EPS JP¥78.55The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥3.85b (up 8.1% from FY 2019). Net income: JP¥510.0m (up 34% from FY 2019). Profit margin: 13% (up from 11% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.
Analyst Estimate Surprise Post Earnings • Dec 16Revenue and earnings miss expectationsRevenue missed analyst estimates by 5.2%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 12%, compared to a 12% growth forecast for the Software industry in Japan.
분석 기사 • Dec 14Why We Like The Returns At System D (TYO:3804)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
분석 기사 • Dec 01What Is The Ownership Structure Like For System D Inc. (TYO:3804)?The big shareholder groups in System D Inc. (TYO:3804) have power over the company. Generally speaking, as a company...
Valuation Update With 7 Day Price Move • Oct 26Market pulls back on stock over the past weekAfter last week's 17% share price decline to JP¥1,708, the stock is trading at a trailing P/E ratio of 19.7x, down from the previous P/E ratio of 23.7x. This compares to an average P/E of 38x in the Software industry in Japan. Total returns to shareholders over the past three years are 181%.
Upcoming Dividend • Oct 22Upcoming Dividend of JP¥10.00 Per ShareWill be paid on the 31st of January to those who are registered shareholders by the 29th of October. The trailing yield of 0.5% is below the top quartile of Japanese dividend payers (3.2%), and is lower than industry peers (1.3%).
Valuation Update With 7 Day Price Move • Oct 13Market bids up stock over the past weekAfter last week's 17% share price gain to JP¥2,184, the stock is trading at a trailing P/E ratio of 25.1x, up from the previous P/E ratio of 21.5x. This compares to an average P/E of 34x in the Software industry in Japan. Total returns to shareholders over the past three years are 286%.
Is New 90 Day High Low • Oct 07New 90-day high: JP¥1,892The company is up 27% from its price of JP¥1,489 on 09 July 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 4.0% over the same period.
Reported Earnings • Sep 18Third quarter earnings releasedOver the last 12 months the company has reported total profits of JP¥564.0m, up 73% from the prior year. Total revenue was JP¥4.03b over the last 12 months, up 20% from the prior year.
공시 • Aug 09System D Inc. to Report Q3, 2020 Results on Sep 14, 2020System D Inc. announced that they will report Q3, 2020 results on Sep 14, 2020