View Financial HealthAd-Sol Nissin 배당 및 자사주 매입배당 기준 점검 3/6Ad-Sol Nissin 수익으로 충분히 충당되는 현재 수익률 3.29% 보유한 배당금 지급 회사입니다. 다음 지급일은 7th December, 2026 이며 배당락일은 다음과 같습니다. 29th September, 2026.핵심 정보3.3%배당 수익률4.9%자사주 매입 수익률총 주주 수익률8.2%미래 배당 수익률4.3%배당 성장률14.0%다음 배당 지급일07 Dec 26배당락일29 Sep 26주당 배당금n/a배당 성향47%최근 배당 및 자사주 매입 업데이트Declared Dividend • 4hFinal dividend of JP¥24.00 announcedShareholders will receive a dividend of JP¥24.00. Ex-date: 29th September 2026 Payment date: 7th December 2026 Dividend yield will be 3.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 19% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Mar 23Upcoming dividend of JP¥28.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.8%).공고 • Feb 18Ad-Sol Nissin Corporation (TSE:3837) announces an Equity Buyback for 700,000 shares, representing 4.01% for ¥1,330 million.Ad-Sol Nissin Corporation (TSE:3837) announces a share repurchase program. Under the program, the company will repurchase 700,000 shares, representing 4.01% of the outstanding shares, for ¥1,330 million. The shares will be repurchased at a price of ¥1,900 per share. The purpose of the program is enhancing shareholder returns and improving capital efficiency, while responding to changes in the business and market environment. As of December 31, 2025, the company had 17,471,381 shares in issue (excluding treasury shares) and 418,549 shares in treasury.Declared Dividend • Dec 06First half dividend of JP¥23.00 announcedShareholders will receive a dividend of JP¥23.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 2.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (46% earnings payout ratio) and cash flows (58% cash payout ratio). The dividend has increased by an average of 23% per year over the past 5 years and payments have been stable during that time. EPS is expected to grow by 33% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Sep 22Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 08 December 2025. Payout ratio is on the higher end at 85%, however this is supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%).Declared Dividend • Jul 09Final dividend of JP¥18.00 announcedShareholders will receive a dividend of JP¥18.00. Ex-date: 29th September 2025 Payment date: 8th December 2025 Dividend yield will be 4.5%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (40% earnings payout ratio) and cash flows (73% cash payout ratio). The dividend has increased by an average of 18% per year over the past 5 years and payments have been stable during that time. EPS is expected to decline by 36% over the next 3 years. However, it would need to fall by 55% to increase the payout ratio to a potentially unsustainable range.모든 업데이트 보기Recent updatesDeclared Dividend • 4hFinal dividend of JP¥24.00 announcedShareholders will receive a dividend of JP¥24.00. Ex-date: 29th September 2026 Payment date: 7th December 2026 Dividend yield will be 3.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 19% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공고 • Jul 03Ad-Sol Nissin Corporation to Report Q1, 2027 Results on Aug 06, 2026Ad-Sol Nissin Corporation announced that they will report Q1, 2027 results on Aug 06, 2026Board Change • Jun 30Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Outside Independent Auditor Hiroshi Endo 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: Insufficient board refreshment.Reported Earnings • May 13Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥86.85 (up from JP¥65.78 in FY 2025). Revenue: JP¥17.2b (up 11% from FY 2025). Net income: JP¥1.51b (up 25% from FY 2025). Profit margin: 8.8% (up from 7.8% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.4%. Revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 20% per year.공고 • May 12Ad-Sol Nissin Corporation, Annual General Meeting, Jun 25, 2026Ad-Sol Nissin Corporation, Annual General Meeting, Jun 25, 2026.공고 • May 08Ad-Sol Nissin Corporation to Report Fiscal Year 2026 Results on May 12, 2026Ad-Sol Nissin Corporation announced that they will report fiscal year 2026 results on May 12, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥28.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.8%).Buy Or Sell Opportunity • Mar 05Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 3.6% to JP¥1,633. The fair value is estimated to be JP¥1,352, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.6% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 11% in the next 2 years.공고 • Feb 18Ad-Sol Nissin Corporation (TSE:3837) announces an Equity Buyback for 700,000 shares, representing 4.01% for ¥1,330 million.Ad-Sol Nissin Corporation (TSE:3837) announces a share repurchase program. Under the program, the company will repurchase 700,000 shares, representing 4.01% of the outstanding shares, for ¥1,330 million. The shares will be repurchased at a price of ¥1,900 per share. The purpose of the program is enhancing shareholder returns and improving capital efficiency, while responding to changes in the business and market environment. As of December 31, 2025, the company had 17,471,381 shares in issue (excluding treasury shares) and 418,549 shares in treasury.Buy Or Sell Opportunity • Feb 10Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 15% to JP¥1,687. The fair value is estimated to be JP¥1,398, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.6% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 11% in the next 2 years.Reported Earnings • Feb 07Third quarter 2026 earnings released: EPS: JP¥26.33 (vs JP¥17.80 in 3Q 2025)Third quarter 2026 results: EPS: JP¥26.33 (up from JP¥17.80 in 3Q 2025). Revenue: JP¥4.32b (up 11% from 3Q 2025). Net income: JP¥460.0m (up 40% from 3Q 2025). Profit margin: 11% (up from 8.5% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.공고 • Dec 26Ad-Sol Nissin Corporation to Report Q3, 2026 Results on Feb 05, 2026Ad-Sol Nissin Corporation announced that they will report Q3, 2026 results on Feb 05, 2026Declared Dividend • Dec 06First half dividend of JP¥23.00 announcedShareholders will receive a dividend of JP¥23.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 2.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (46% earnings payout ratio) and cash flows (58% cash payout ratio). The dividend has increased by an average of 23% per year over the past 5 years and payments have been stable during that time. EPS is expected to grow by 33% over the next 3 years, which should provide support to the dividend and adequate earnings cover.분석 기사 • Nov 26Estimating The Fair Value Of Ad-Sol Nissin Corporation (TSE:3837)Key Insights Using the 2 Stage Free Cash Flow to Equity, Ad-Sol Nissin fair value estimate is JP¥1,760 With JP¥1,579...Buy Or Sell Opportunity • Nov 10Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.8% to JP¥1,405. The fair value is estimated to be JP¥1,765, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 9.7% in 2 years. Earnings are forecast to grow by 6.4% in the next 2 years.Reported Earnings • Nov 08Second quarter 2026 earnings released: EPS: JP¥22.03 (vs JP¥15.82 in 2Q 2025)Second quarter 2026 results: EPS: JP¥22.03 (up from JP¥15.82 in 2Q 2025). Revenue: JP¥4.36b (up 12% from 2Q 2025). Net income: JP¥384.9m (up 32% from 2Q 2025). Profit margin: 8.8% (up from 7.5% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Oct 29Ad-Sol Nissin (TSE:3837) Knows How To Allocate Capital EffectivelyIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...New Risk • Oct 23New 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 6.2% 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. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Oct 23Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥1,524, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 19x in the IT industry in Japan. Total returns to shareholders of 119% over the past three years.Upcoming Dividend • Sep 22Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 08 December 2025. Payout ratio is on the higher end at 85%, however this is supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%).공고 • Sep 03Ad-Sol Nissin Corporation to Report Q2, 2026 Results on Nov 06, 2025Ad-Sol Nissin Corporation announced that they will report Q2, 2026 results on Nov 06, 2025Reported Earnings • Aug 08First quarter 2026 earnings released: EPS: JP¥20.91 (vs JP¥16.34 in 1Q 2025)First quarter 2026 results: EPS: JP¥20.91 (up from JP¥16.34 in 1Q 2025). Revenue: JP¥4.15b (up 11% from 1Q 2025). Net income: JP¥365.0m (up 20% from 1Q 2025). Profit margin: 8.8% (up from 8.1% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 20% per year.Declared Dividend • Jul 09Final dividend of JP¥18.00 announcedShareholders will receive a dividend of JP¥18.00. Ex-date: 29th September 2025 Payment date: 8th December 2025 Dividend yield will be 4.5%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (40% earnings payout ratio) and cash flows (73% cash payout ratio). The dividend has increased by an average of 18% per year over the past 5 years and payments have been stable during that time. EPS is expected to decline by 36% over the next 3 years. However, it would need to fall by 55% to increase the payout ratio to a potentially unsustainable range.공고 • Jun 04Ad-Sol Nissin Corporation to Report Q1, 2026 Results on Aug 07, 2025Ad-Sol Nissin Corporation announced that they will report Q1, 2026 results on Aug 07, 2025Reported Earnings • May 09Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥132 (up from JP¥52.54 in FY 2024). Revenue: JP¥15.5b (up 9.8% from FY 2024). Net income: JP¥1.21b (up 24% from FY 2024). Profit margin: 7.8% (up from 7.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.0%. Revenue is forecast to grow 5.3% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.공고 • May 08Ad-Sol Nissin Corporation, Annual General Meeting, Jun 26, 2025Ad-Sol Nissin Corporation, Annual General Meeting, Jun 26, 2025.분석 기사 • Mar 28Ad-Sol Nissin (TSE:3837) Will Pay A Larger Dividend Than Last Year At ¥35.00Ad-Sol Nissin Corporation ( TSE:3837 ) will increase its dividend from last year's comparable payment on the 27th of...공고 • Mar 27Ad-Sol Nissin Corporation to Report Fiscal Year 2025 Results on May 08, 2025Ad-Sol Nissin Corporation announced that they will report fiscal year 2025 results on May 08, 2025Upcoming Dividend • Mar 21Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 40% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.4%).분석 기사 • Feb 25Ad-Sol Nissin's (TSE:3837) Shareholders Will Receive A Bigger Dividend Than Last YearAd-Sol Nissin Corporation ( TSE:3837 ) will increase its dividend from last year's comparable payment on the 27th of...공고 • Feb 19Ad-Sol Nissin Corporation (TSE:3837) announces an Equity Buyback for 600,000 shares, representing 6.5% for ¥1,290 million.Ad-Sol Nissin Corporation (TSE:3837) announces a share repurchase program. Under the program, the company will repurchase 600,000 shares, representing 6.5% of the outstanding shares, for ¥1,290 million. The shares will be repurchased at a price of ¥2,150 per share. The purpose of the program is to mitigate the impact on the stock market of the resulting sale of the company's shares, as well as to respond to future changes in the business and market environment, and to improve capital efficiency. The program will expire on February 20, 2025. As of December 31, 2024, the company had 9,223,844 shares in issue (excluding treasury shares) and 171,121 shares in treasury.분석 기사 • Feb 11Ad-Sol Nissin's (TSE:3837) Upcoming Dividend Will Be Larger Than Last Year'sAd-Sol Nissin Corporation ( TSE:3837 ) has announced that it will be increasing its dividend from last year's...Reported Earnings • Feb 08Third quarter 2025 earnings released: EPS: JP¥35.56 (vs JP¥31.98 in 3Q 2024)Third quarter 2025 results: EPS: JP¥35.56 (up from JP¥31.98 in 3Q 2024). Revenue: JP¥3.88b (up 10% from 3Q 2024). Net income: JP¥328.0m (up 10% from 3Q 2024). Profit margin: 8.4% (down from 8.5% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.분석 기사 • Jan 17Ad-Sol Nissin (TSE:3837) Will Pay A Dividend Of ¥25.00Ad-Sol Nissin Corporation ( TSE:3837 ) will pay a dividend of ¥25.00 on the 27th of June. This will take the dividend...공고 • Jan 17Ad-Sol Nissin Corporation to Report Q3, 2025 Results on Feb 06, 2025Ad-Sol Nissin Corporation announced that they will report Q3, 2025 results on Feb 06, 2025분석 기사 • Dec 07Ad-Sol Nissin (TSE:3837) Has Announced A Dividend Of ¥25.00Ad-Sol Nissin Corporation ( TSE:3837 ) has announced that it will pay a dividend of ¥25.00 per share on the 27th of...Declared Dividend • Dec 07First half dividend of JP¥25.00 announcedShareholders will receive a dividend of JP¥25.00. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 2.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (42% earnings payout ratio) but not covered by cash flows (158% cash payout ratio). The dividend has increased by an average of 11% per year over the past 4 years and payments have been stable during that time. Earnings per share has grown by 4.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.분석 기사 • Nov 14Ad-Sol Nissin's (TSE:3837) Earnings Are Of Questionable QualityAd-Sol Nissin Corporation ( TSE:3837 ) just reported some strong earnings, and the market reacted accordingly with a...Reported Earnings • Nov 09Second quarter 2025 earnings released: EPS: JP¥31.64 (vs JP¥28.01 in 2Q 2024)Second quarter 2025 results: EPS: JP¥31.64 (up from JP¥28.01 in 2Q 2024). Revenue: JP¥3.90b (up 13% from 2Q 2024). Net income: JP¥292.0m (up 12% from 2Q 2024). Profit margin: 7.5% (down from 7.6% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Oct 29Now 21% overvaluedOver the last 90 days, the stock has fallen 3.7% to JP¥1,832. The fair value is estimated to be JP¥1,512, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has grown by 10%.공고 • Oct 09Ad-Sol Nissin Corporation to Report Q2, 2025 Results on Nov 07, 2024Ad-Sol Nissin Corporation announced that they will report Q2, 2025 results on Nov 07, 2024Buy Or Sell Opportunity • Oct 09Now 21% overvaluedOver the last 90 days, the stock has fallen 6.3% to JP¥1,831. The fair value is estimated to be JP¥1,514, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has grown by 10%.Upcoming Dividend • Sep 20Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%).분석 기사 • Sep 19Ad-Sol Nissin (TSE:3837) Is Increasing Its Dividend To ¥25.00Ad-Sol Nissin Corporation ( TSE:3837 ) will increase its dividend from last year's comparable payment on the 2nd of...New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.분석 기사 • Aug 23Ad-Sol Nissin (TSE:3837) Will Pay A Larger Dividend Than Last Year At ¥25.00The board of Ad-Sol Nissin Corporation ( TSE:3837 ) has announced that it will be paying its dividend of ¥25.00 on the...Buy Or Sell Opportunity • Aug 16Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to JP¥1,839. The fair value is estimated to be JP¥1,524, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has grown by 10%.Reported Earnings • Aug 10First quarter 2025 earnings released: EPS: JP¥32.69 (vs JP¥23.62 in 1Q 2024)First quarter 2025 results: EPS: JP¥32.69 (up from JP¥23.62 in 1Q 2024). Revenue: JP¥3.75b (up 11% from 1Q 2024). Net income: JP¥304.0m (up 38% from 1Q 2024). Profit margin: 8.1% (up from 6.5% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.분석 기사 • Aug 09Ad-Sol Nissin (TSE:3837) Is Paying Out A Larger Dividend Than Last YearAd-Sol Nissin Corporation ( TSE:3837 ) has announced that it will be increasing its dividend from last year's...Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to JP¥1,472, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 17x in the IT industry in Japan. Total loss to shareholders of 20% over the past three years.분석 기사 • Jul 26Ad-Sol Nissin (TSE:3837) Is Increasing Its Dividend To ¥25.00Ad-Sol Nissin Corporation ( TSE:3837 ) will increase its dividend from last year's comparable payment on the 2nd of...분석 기사 • Jul 12Ad-Sol Nissin (TSE:3837) Is Increasing Its Dividend To ¥25.00Ad-Sol Nissin Corporation ( TSE:3837 ) will increase its dividend from last year's comparable payment on the 2nd of...Declared Dividend • Jul 11Final dividend of JP¥25.00 announcedShareholders will receive a dividend of JP¥25.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 2.5%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (37% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has increased by an average of 11% per year over the past 4 years and payments have been stable during that time. Earnings per share has grown by 1.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공고 • Jun 02Ad-Sol Nissin Corporation to Report Q1, 2025 Results on Aug 07, 2024Ad-Sol Nissin Corporation announced that they will report Q1, 2025 results on Aug 07, 2024공고 • May 23Ad-Sol Nissin Corporation (TSE:3837) announces an Equity Buyback for 100,000 shares, representing 1.07% for ¥250 million.Ad-Sol Nissin Corporation (TSE:3837) announces a share repurchase program. Under the program, the company will repurchase 100,000 shares, representing 1.07% of the outstanding shares, for ¥250 million. The purpose of the program is to enhance capital efficiency, improve shareholder returns and implement a flexible capital policy in response to changes in the business environment. The program will run until July 31, 2024.Reported Earnings • May 11Full year 2024 earnings released: EPS: JP¥105 (vs JP¥90.37 in FY 2023)Full year 2024 results: EPS: JP¥105 (up from JP¥90.37 in FY 2023). Revenue: JP¥14.1b (up 9.6% from FY 2023). Net income: JP¥979.0m (up 16% from FY 2023). Profit margin: 7.0% (up from 6.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.공고 • May 11Ad-Sol Nissin Corporation, Annual General Meeting, Jun 26, 2024Ad-Sol Nissin Corporation, Annual General Meeting, Jun 26, 2024.Buy Or Sell Opportunity • Apr 17Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at JP¥1,603. The fair value is estimated to be JP¥2,010, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.1%.New Risk • Apr 02New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.1b (US$99.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥15.1b market cap, or US$99.3m).분석 기사 • Mar 22Ad-Sol Nissin's (TSE:3837) Dividend Will Be Increased To ¥23.00Ad-Sol Nissin Corporation ( TSE:3837 ) has announced that it will be increasing its periodic dividend on the 1st of...공고 • Mar 21Ad-Sol Nissin Corporation to Report Fiscal Year 2024 Results on May 09, 2024Ad-Sol Nissin Corporation announced that they will report fiscal year 2024 results on May 09, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).분석 기사 • Feb 27Ad-Sol Nissin's (TSE:3837) Dividend Will Be Increased To ¥23.00Ad-Sol Nissin Corporation ( TSE:3837 ) has announced that it will be increasing its periodic dividend on the 1st of...Reported Earnings • Feb 09Third quarter 2024 earnings released: EPS: JP¥31.98 (vs JP¥28.34 in 3Q 2023)Third quarter 2024 results: EPS: JP¥31.98 (up from JP¥28.34 in 3Q 2023). Revenue: JP¥3.52b (up 9.2% from 3Q 2023). Net income: JP¥298.0m (up 13% from 3Q 2023). Profit margin: 8.5% (up from 8.2% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.공고 • Feb 07+ 1 more updateAd-Sol Nissin Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024Ad-Sol Nissin Corporation revised consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company expects revised net sales of JPY 14,000 million, operating income of JPY 1,430 million, net income attributable to owners of parent of JPY 961 million and net income per share of JPY 103.15 compared to previously expected net sales of JPY 13,600 million, operating income of JPY 1,300 million, net income attributable to owners of parent of JPY 897 million and net income per share of JPY 96.38.공고 • Nov 11Ad-Sol Nissin Corporation to Report Q3, 2024 Results on Feb 07, 2024Ad-Sol Nissin Corporation announced that they will report Q3, 2024 results on Feb 07, 2024Reported Earnings • Nov 08Second quarter 2024 earnings released: EPS: JP¥28.01 (vs JP¥23.95 in 2Q 2023)Second quarter 2024 results: EPS: JP¥28.01 (up from JP¥23.95 in 2Q 2023). Revenue: JP¥3.44b (up 8.0% from 2Q 2023). Net income: JP¥261.0m (up 17% from 2Q 2023). Profit margin: 7.6% (up from 7.0% in 2Q 2023). The increase in margin was driven by higher revenue.New Risk • Oct 18New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.0b (US$100.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥15.0b market cap, or US$100.0m).공고 • Oct 07Ad-Sol Nissin Corporation to Report Q2, 2024 Results on Nov 07, 2023Ad-Sol Nissin Corporation announced that they will report Q2, 2024 results on Nov 07, 2023Upcoming Dividend • Sep 21Upcoming dividend of JP¥19.00 per share at 2.3% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.5%).Reported Earnings • Aug 04First quarter 2024 earnings released: EPS: JP¥23.62 (vs JP¥15.83 in 1Q 2023)First quarter 2024 results: EPS: JP¥23.62 (up from JP¥15.83 in 1Q 2023). Revenue: JP¥3.40b (up 11% from 1Q 2023). Net income: JP¥220.0m (up 50% from 1Q 2023). Profit margin: 6.5% (up from 4.8% in 1Q 2023). The increase in margin was driven by higher revenue.공고 • Jun 28Ad-Sol Nissin Corporation to Report Q1, 2024 Results on Aug 03, 2023Ad-Sol Nissin Corporation announced that they will report Q1, 2024 results on Aug 03, 2023Reported Earnings • May 10Full year 2023 earnings released: EPS: JP¥90.37 (vs JP¥84.52 in FY 2022)Full year 2023 results: EPS: JP¥90.37 (up from JP¥84.52 in FY 2022). Revenue: JP¥12.8b (up 4.9% from FY 2022). Net income: JP¥841.0m (up 7.3% from FY 2022). Profit margin: 6.5% (up from 6.4% in FY 2022). The increase in margin was driven by higher revenue.공고 • May 10Ad-Sol Nissin Corporation, Annual General Meeting, Jun 28, 2023Ad-Sol Nissin Corporation, Annual General Meeting, Jun 28, 2023.Buying Opportunity • Apr 19Now 20% undervaluedOver the last 90 days, the stock is up 30%. The fair value is estimated to be JP¥2,156, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last year. Earnings per share has grown by 3.8%.Buying Opportunity • Apr 04Now 20% undervaluedOver the last 90 days, the stock is up 31%. The fair value is estimated to be JP¥2,156, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last year. Earnings per share has grown by 3.8%.Upcoming Dividend • Mar 23Upcoming dividend of JP¥20.00 per share at 2.2% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).Reported Earnings • Feb 10Third quarter 2023 earnings released: EPS: JP¥28.34 (vs JP¥19.60 in 3Q 2022)Third quarter 2023 results: EPS: JP¥28.34 (up from JP¥19.60 in 3Q 2022). Revenue: JP¥3.23b (up 8.3% from 3Q 2022). Net income: JP¥264.0m (up 45% from 3Q 2022). Profit margin: 8.2% (up from 6.1% in 3Q 2022). The increase in margin was driven by higher revenue.공고 • Dec 07Ad-Sol Nissin Corporation to Report Q3, 2023 Results on Feb 07, 2023Ad-Sol Nissin Corporation announced that they will report Q3, 2023 results on Feb 07, 2023Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Outside Independent Auditor Hiroshi Endo was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 09Second quarter 2023 earnings released: EPS: JP¥23.87 (vs JP¥28.98 in 2Q 2022)Second quarter 2023 results: EPS: JP¥23.87 (down from JP¥28.98 in 2Q 2022). Revenue: JP¥3.19b (down 1.0% from 2Q 2022). Net income: JP¥223.0m (down 17% from 2Q 2022). Profit margin: 7.0% (down from 8.4% in 2Q 2022).Upcoming Dividend • Sep 22Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).공고 • Aug 31Ad-Sol Nissin Corporation to Report Q2, 2023 Results on Nov 07, 2022Ad-Sol Nissin Corporation announced that they will report Q2, 2023 results on Nov 07, 2022Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: JP¥15.83 (vs JP¥18.05 in 1Q 2022)First quarter 2023 results: EPS: JP¥15.83 (down from JP¥18.05 in 1Q 2022). Revenue: JP¥3.05b (up 1.3% from 1Q 2022). Net income: JP¥147.0m (down 12% from 1Q 2022). Profit margin: 4.8% (down from 5.5% in 1Q 2022). The decrease in margin was driven by higher expenses.공고 • Jun 12Ad-Sol Nissin Corporation to Report Q1, 2023 Results on Aug 04, 2022Ad-Sol Nissin Corporation announced that they will report Q1, 2023 results on Aug 04, 2022공고 • May 12Ad-Sol Nissin Corporation, Annual General Meeting, Jun 28, 2022Ad-Sol Nissin Corporation, Annual General Meeting, Jun 28, 2022.Reported Earnings • May 11Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: JP¥84.51 (down from JP¥97.25 in FY 2021). Revenue: JP¥12.2b (down 9.4% from FY 2021). Net income: JP¥784.0m (down 13% from FY 2021). Profit margin: 6.4% (down from 6.6% in FY 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 5.9%. Over the next year, revenue is forecast to grow 6.0%, compared to a 7.9% growth forecast for the industry in Japan.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. 4 non-independent directors. Audit & Supervisory Board Member Toshi Yoshinari was the last director to join the board, commencing their role in 2018. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.공고 • Apr 08Ad-Sol Nissin Corporation to Report Fiscal Year 2022 Results on May 10, 2022Ad-Sol Nissin Corporation announced that they will report fiscal year 2022 results on May 10, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 25 June 2022. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%).Reported Earnings • Feb 08Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: JP¥19.60 (up from JP¥16.21 in 3Q 2021). Revenue: JP¥2.98b (down 14% from 3Q 2021). Net income: JP¥182.0m (up 21% from 3Q 2021). Profit margin: 6.1% (up from 4.3% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 1.6%, compared to a 7.4% growth forecast for the industry in Japan.Reported Earnings • Nov 10Second quarter 2022 earnings released: EPS JP¥28.98 (vs JP¥16.21 in 2Q 2021)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥3.22b (down 7.1% from 2Q 2021). Net income: JP¥269.0m (up 79% from 2Q 2021). Profit margin: 8.4% (up from 4.3% in 2Q 2021). The increase in margin was driven by lower expenses.Upcoming Dividend • Sep 22Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 December 2021. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.2%).Price Target Changed • Sep 14Price target decreased to JP¥2,700Down from JP¥3,300, the current price target is provided by 1 analyst. New target price is 15% above last closing price of JP¥2,358. Stock is down 4.8% over the past year.Upcoming Dividend • Mar 23Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 25 June 2021. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (2.7%). In line with average of industry peers (1.3%).Is New 90 Day High Low • Jan 05New 90-day high: JP¥3,370The company is up 25% from its price of JP¥2,706 on 07 October 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 2.0% over the same period.공고 • Dec 30Ad-Sol Nissin Corporation to Report Q3, 2021 Results on Feb 04, 2021Ad-Sol Nissin Corporation announced that they will report Q3, 2021 results on Feb 04, 2021Is New 90 Day High Low • Dec 14New 90-day high: JP¥3,040The company is up 23% from its price of JP¥2,476 on 15 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 6.0% over the same period.예정된 배당 지급오늘Jul 26 2026배당락일Sep 29 2026배당 지급일Dec 07 202669 days (배당락일 기준)다음 배당금을 받으려면 앞으로 65 days일 이내에 매수하세요지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 배당금 지급이 안정적인 반면, 3837 은(는) 배당금을 지급한 지 10년도 채 되지 않았습니다.배당금 증가: 3837 의 배당금 지급이 증가했지만 회사는 6 년 동안만 배당금을 지급했습니다.배당 수익률 vs 시장Ad-Sol Nissin 배당 수익률 vs 시장3837의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (3837)3.3%시장 하위 25% (JP)1.8%시장 상위 25% (JP)3.8%업계 평균 (IT)1.9%분석가 예측 (3837) (최대 3년)4.3%주목할만한 배당금: 3837 의 배당금( 3.29% )은 JP 시장에서 배당금 지급자의 하위 25%( 1.82% )보다 높습니다.고배당: 3837 의 배당금( 3.29% )은 JP 시장에서 배당금 지급자의 상위 25%( 3.84% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 47.2% )로 3837 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 합리적으로 낮은 현금 지급 비율 ( 42.9% )로 3837 의 배당금 지급은 현금 흐름으로 잘 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YJP 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/25 00:47종가2026/07/24 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 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 소스Ad-Sol Nissin Corporation는 1명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Teruo IsozakiIchiyoshi Research Institute Inc.
Declared Dividend • 4hFinal dividend of JP¥24.00 announcedShareholders will receive a dividend of JP¥24.00. Ex-date: 29th September 2026 Payment date: 7th December 2026 Dividend yield will be 3.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 19% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥28.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.8%).
공고 • Feb 18Ad-Sol Nissin Corporation (TSE:3837) announces an Equity Buyback for 700,000 shares, representing 4.01% for ¥1,330 million.Ad-Sol Nissin Corporation (TSE:3837) announces a share repurchase program. Under the program, the company will repurchase 700,000 shares, representing 4.01% of the outstanding shares, for ¥1,330 million. The shares will be repurchased at a price of ¥1,900 per share. The purpose of the program is enhancing shareholder returns and improving capital efficiency, while responding to changes in the business and market environment. As of December 31, 2025, the company had 17,471,381 shares in issue (excluding treasury shares) and 418,549 shares in treasury.
Declared Dividend • Dec 06First half dividend of JP¥23.00 announcedShareholders will receive a dividend of JP¥23.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 2.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (46% earnings payout ratio) and cash flows (58% cash payout ratio). The dividend has increased by an average of 23% per year over the past 5 years and payments have been stable during that time. EPS is expected to grow by 33% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 08 December 2025. Payout ratio is on the higher end at 85%, however this is supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%).
Declared Dividend • Jul 09Final dividend of JP¥18.00 announcedShareholders will receive a dividend of JP¥18.00. Ex-date: 29th September 2025 Payment date: 8th December 2025 Dividend yield will be 4.5%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (40% earnings payout ratio) and cash flows (73% cash payout ratio). The dividend has increased by an average of 18% per year over the past 5 years and payments have been stable during that time. EPS is expected to decline by 36% over the next 3 years. However, it would need to fall by 55% to increase the payout ratio to a potentially unsustainable range.
Declared Dividend • 4hFinal dividend of JP¥24.00 announcedShareholders will receive a dividend of JP¥24.00. Ex-date: 29th September 2026 Payment date: 7th December 2026 Dividend yield will be 3.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 19% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공고 • Jul 03Ad-Sol Nissin Corporation to Report Q1, 2027 Results on Aug 06, 2026Ad-Sol Nissin Corporation announced that they will report Q1, 2027 results on Aug 06, 2026
Board Change • Jun 30Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Outside Independent Auditor Hiroshi Endo 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: Insufficient board refreshment.
Reported Earnings • May 13Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥86.85 (up from JP¥65.78 in FY 2025). Revenue: JP¥17.2b (up 11% from FY 2025). Net income: JP¥1.51b (up 25% from FY 2025). Profit margin: 8.8% (up from 7.8% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.4%. Revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 20% per year.
공고 • May 12Ad-Sol Nissin Corporation, Annual General Meeting, Jun 25, 2026Ad-Sol Nissin Corporation, Annual General Meeting, Jun 25, 2026.
공고 • May 08Ad-Sol Nissin Corporation to Report Fiscal Year 2026 Results on May 12, 2026Ad-Sol Nissin Corporation announced that they will report fiscal year 2026 results on May 12, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥28.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.8%).
Buy Or Sell Opportunity • Mar 05Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 3.6% to JP¥1,633. The fair value is estimated to be JP¥1,352, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.6% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 11% in the next 2 years.
공고 • Feb 18Ad-Sol Nissin Corporation (TSE:3837) announces an Equity Buyback for 700,000 shares, representing 4.01% for ¥1,330 million.Ad-Sol Nissin Corporation (TSE:3837) announces a share repurchase program. Under the program, the company will repurchase 700,000 shares, representing 4.01% of the outstanding shares, for ¥1,330 million. The shares will be repurchased at a price of ¥1,900 per share. The purpose of the program is enhancing shareholder returns and improving capital efficiency, while responding to changes in the business and market environment. As of December 31, 2025, the company had 17,471,381 shares in issue (excluding treasury shares) and 418,549 shares in treasury.
Buy Or Sell Opportunity • Feb 10Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 15% to JP¥1,687. The fair value is estimated to be JP¥1,398, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.6% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 11% in the next 2 years.
Reported Earnings • Feb 07Third quarter 2026 earnings released: EPS: JP¥26.33 (vs JP¥17.80 in 3Q 2025)Third quarter 2026 results: EPS: JP¥26.33 (up from JP¥17.80 in 3Q 2025). Revenue: JP¥4.32b (up 11% from 3Q 2025). Net income: JP¥460.0m (up 40% from 3Q 2025). Profit margin: 11% (up from 8.5% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
공고 • Dec 26Ad-Sol Nissin Corporation to Report Q3, 2026 Results on Feb 05, 2026Ad-Sol Nissin Corporation announced that they will report Q3, 2026 results on Feb 05, 2026
Declared Dividend • Dec 06First half dividend of JP¥23.00 announcedShareholders will receive a dividend of JP¥23.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 2.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (46% earnings payout ratio) and cash flows (58% cash payout ratio). The dividend has increased by an average of 23% per year over the past 5 years and payments have been stable during that time. EPS is expected to grow by 33% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
분석 기사 • Nov 26Estimating The Fair Value Of Ad-Sol Nissin Corporation (TSE:3837)Key Insights Using the 2 Stage Free Cash Flow to Equity, Ad-Sol Nissin fair value estimate is JP¥1,760 With JP¥1,579...
Buy Or Sell Opportunity • Nov 10Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.8% to JP¥1,405. The fair value is estimated to be JP¥1,765, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 9.7% in 2 years. Earnings are forecast to grow by 6.4% in the next 2 years.
Reported Earnings • Nov 08Second quarter 2026 earnings released: EPS: JP¥22.03 (vs JP¥15.82 in 2Q 2025)Second quarter 2026 results: EPS: JP¥22.03 (up from JP¥15.82 in 2Q 2025). Revenue: JP¥4.36b (up 12% from 2Q 2025). Net income: JP¥384.9m (up 32% from 2Q 2025). Profit margin: 8.8% (up from 7.5% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Oct 29Ad-Sol Nissin (TSE:3837) Knows How To Allocate Capital EffectivelyIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
New Risk • Oct 23New 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 6.2% 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. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Oct 23Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥1,524, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 19x in the IT industry in Japan. Total returns to shareholders of 119% over the past three years.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 08 December 2025. Payout ratio is on the higher end at 85%, however this is supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%).
공고 • Sep 03Ad-Sol Nissin Corporation to Report Q2, 2026 Results on Nov 06, 2025Ad-Sol Nissin Corporation announced that they will report Q2, 2026 results on Nov 06, 2025
Reported Earnings • Aug 08First quarter 2026 earnings released: EPS: JP¥20.91 (vs JP¥16.34 in 1Q 2025)First quarter 2026 results: EPS: JP¥20.91 (up from JP¥16.34 in 1Q 2025). Revenue: JP¥4.15b (up 11% from 1Q 2025). Net income: JP¥365.0m (up 20% from 1Q 2025). Profit margin: 8.8% (up from 8.1% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 20% per year.
Declared Dividend • Jul 09Final dividend of JP¥18.00 announcedShareholders will receive a dividend of JP¥18.00. Ex-date: 29th September 2025 Payment date: 8th December 2025 Dividend yield will be 4.5%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (40% earnings payout ratio) and cash flows (73% cash payout ratio). The dividend has increased by an average of 18% per year over the past 5 years and payments have been stable during that time. EPS is expected to decline by 36% over the next 3 years. However, it would need to fall by 55% to increase the payout ratio to a potentially unsustainable range.
공고 • Jun 04Ad-Sol Nissin Corporation to Report Q1, 2026 Results on Aug 07, 2025Ad-Sol Nissin Corporation announced that they will report Q1, 2026 results on Aug 07, 2025
Reported Earnings • May 09Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥132 (up from JP¥52.54 in FY 2024). Revenue: JP¥15.5b (up 9.8% from FY 2024). Net income: JP¥1.21b (up 24% from FY 2024). Profit margin: 7.8% (up from 7.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.0%. Revenue is forecast to grow 5.3% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
공고 • May 08Ad-Sol Nissin Corporation, Annual General Meeting, Jun 26, 2025Ad-Sol Nissin Corporation, Annual General Meeting, Jun 26, 2025.
분석 기사 • Mar 28Ad-Sol Nissin (TSE:3837) Will Pay A Larger Dividend Than Last Year At ¥35.00Ad-Sol Nissin Corporation ( TSE:3837 ) will increase its dividend from last year's comparable payment on the 27th of...
공고 • Mar 27Ad-Sol Nissin Corporation to Report Fiscal Year 2025 Results on May 08, 2025Ad-Sol Nissin Corporation announced that they will report fiscal year 2025 results on May 08, 2025
Upcoming Dividend • Mar 21Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 40% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.4%).
분석 기사 • Feb 25Ad-Sol Nissin's (TSE:3837) Shareholders Will Receive A Bigger Dividend Than Last YearAd-Sol Nissin Corporation ( TSE:3837 ) will increase its dividend from last year's comparable payment on the 27th of...
공고 • Feb 19Ad-Sol Nissin Corporation (TSE:3837) announces an Equity Buyback for 600,000 shares, representing 6.5% for ¥1,290 million.Ad-Sol Nissin Corporation (TSE:3837) announces a share repurchase program. Under the program, the company will repurchase 600,000 shares, representing 6.5% of the outstanding shares, for ¥1,290 million. The shares will be repurchased at a price of ¥2,150 per share. The purpose of the program is to mitigate the impact on the stock market of the resulting sale of the company's shares, as well as to respond to future changes in the business and market environment, and to improve capital efficiency. The program will expire on February 20, 2025. As of December 31, 2024, the company had 9,223,844 shares in issue (excluding treasury shares) and 171,121 shares in treasury.
분석 기사 • Feb 11Ad-Sol Nissin's (TSE:3837) Upcoming Dividend Will Be Larger Than Last Year'sAd-Sol Nissin Corporation ( TSE:3837 ) has announced that it will be increasing its dividend from last year's...
Reported Earnings • Feb 08Third quarter 2025 earnings released: EPS: JP¥35.56 (vs JP¥31.98 in 3Q 2024)Third quarter 2025 results: EPS: JP¥35.56 (up from JP¥31.98 in 3Q 2024). Revenue: JP¥3.88b (up 10% from 3Q 2024). Net income: JP¥328.0m (up 10% from 3Q 2024). Profit margin: 8.4% (down from 8.5% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
분석 기사 • Jan 17Ad-Sol Nissin (TSE:3837) Will Pay A Dividend Of ¥25.00Ad-Sol Nissin Corporation ( TSE:3837 ) will pay a dividend of ¥25.00 on the 27th of June. This will take the dividend...
공고 • Jan 17Ad-Sol Nissin Corporation to Report Q3, 2025 Results on Feb 06, 2025Ad-Sol Nissin Corporation announced that they will report Q3, 2025 results on Feb 06, 2025
분석 기사 • Dec 07Ad-Sol Nissin (TSE:3837) Has Announced A Dividend Of ¥25.00Ad-Sol Nissin Corporation ( TSE:3837 ) has announced that it will pay a dividend of ¥25.00 per share on the 27th of...
Declared Dividend • Dec 07First half dividend of JP¥25.00 announcedShareholders will receive a dividend of JP¥25.00. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 2.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (42% earnings payout ratio) but not covered by cash flows (158% cash payout ratio). The dividend has increased by an average of 11% per year over the past 4 years and payments have been stable during that time. Earnings per share has grown by 4.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
분석 기사 • Nov 14Ad-Sol Nissin's (TSE:3837) Earnings Are Of Questionable QualityAd-Sol Nissin Corporation ( TSE:3837 ) just reported some strong earnings, and the market reacted accordingly with a...
Reported Earnings • Nov 09Second quarter 2025 earnings released: EPS: JP¥31.64 (vs JP¥28.01 in 2Q 2024)Second quarter 2025 results: EPS: JP¥31.64 (up from JP¥28.01 in 2Q 2024). Revenue: JP¥3.90b (up 13% from 2Q 2024). Net income: JP¥292.0m (up 12% from 2Q 2024). Profit margin: 7.5% (down from 7.6% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Oct 29Now 21% overvaluedOver the last 90 days, the stock has fallen 3.7% to JP¥1,832. The fair value is estimated to be JP¥1,512, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has grown by 10%.
공고 • Oct 09Ad-Sol Nissin Corporation to Report Q2, 2025 Results on Nov 07, 2024Ad-Sol Nissin Corporation announced that they will report Q2, 2025 results on Nov 07, 2024
Buy Or Sell Opportunity • Oct 09Now 21% overvaluedOver the last 90 days, the stock has fallen 6.3% to JP¥1,831. The fair value is estimated to be JP¥1,514, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has grown by 10%.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%).
분석 기사 • Sep 19Ad-Sol Nissin (TSE:3837) Is Increasing Its Dividend To ¥25.00Ad-Sol Nissin Corporation ( TSE:3837 ) will increase its dividend from last year's comparable payment on the 2nd of...
New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
분석 기사 • Aug 23Ad-Sol Nissin (TSE:3837) Will Pay A Larger Dividend Than Last Year At ¥25.00The board of Ad-Sol Nissin Corporation ( TSE:3837 ) has announced that it will be paying its dividend of ¥25.00 on the...
Buy Or Sell Opportunity • Aug 16Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to JP¥1,839. The fair value is estimated to be JP¥1,524, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has grown by 10%.
Reported Earnings • Aug 10First quarter 2025 earnings released: EPS: JP¥32.69 (vs JP¥23.62 in 1Q 2024)First quarter 2025 results: EPS: JP¥32.69 (up from JP¥23.62 in 1Q 2024). Revenue: JP¥3.75b (up 11% from 1Q 2024). Net income: JP¥304.0m (up 38% from 1Q 2024). Profit margin: 8.1% (up from 6.5% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
분석 기사 • Aug 09Ad-Sol Nissin (TSE:3837) Is Paying Out A Larger Dividend Than Last YearAd-Sol Nissin Corporation ( TSE:3837 ) has announced that it will be increasing its dividend from last year's...
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to JP¥1,472, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 17x in the IT industry in Japan. Total loss to shareholders of 20% over the past three years.
분석 기사 • Jul 26Ad-Sol Nissin (TSE:3837) Is Increasing Its Dividend To ¥25.00Ad-Sol Nissin Corporation ( TSE:3837 ) will increase its dividend from last year's comparable payment on the 2nd of...
분석 기사 • Jul 12Ad-Sol Nissin (TSE:3837) Is Increasing Its Dividend To ¥25.00Ad-Sol Nissin Corporation ( TSE:3837 ) will increase its dividend from last year's comparable payment on the 2nd of...
Declared Dividend • Jul 11Final dividend of JP¥25.00 announcedShareholders will receive a dividend of JP¥25.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 2.5%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (37% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has increased by an average of 11% per year over the past 4 years and payments have been stable during that time. Earnings per share has grown by 1.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공고 • Jun 02Ad-Sol Nissin Corporation to Report Q1, 2025 Results on Aug 07, 2024Ad-Sol Nissin Corporation announced that they will report Q1, 2025 results on Aug 07, 2024
공고 • May 23Ad-Sol Nissin Corporation (TSE:3837) announces an Equity Buyback for 100,000 shares, representing 1.07% for ¥250 million.Ad-Sol Nissin Corporation (TSE:3837) announces a share repurchase program. Under the program, the company will repurchase 100,000 shares, representing 1.07% of the outstanding shares, for ¥250 million. The purpose of the program is to enhance capital efficiency, improve shareholder returns and implement a flexible capital policy in response to changes in the business environment. The program will run until July 31, 2024.
Reported Earnings • May 11Full year 2024 earnings released: EPS: JP¥105 (vs JP¥90.37 in FY 2023)Full year 2024 results: EPS: JP¥105 (up from JP¥90.37 in FY 2023). Revenue: JP¥14.1b (up 9.6% from FY 2023). Net income: JP¥979.0m (up 16% from FY 2023). Profit margin: 7.0% (up from 6.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
공고 • May 11Ad-Sol Nissin Corporation, Annual General Meeting, Jun 26, 2024Ad-Sol Nissin Corporation, Annual General Meeting, Jun 26, 2024.
Buy Or Sell Opportunity • Apr 17Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at JP¥1,603. The fair value is estimated to be JP¥2,010, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.1%.
New Risk • Apr 02New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.1b (US$99.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥15.1b market cap, or US$99.3m).
분석 기사 • Mar 22Ad-Sol Nissin's (TSE:3837) Dividend Will Be Increased To ¥23.00Ad-Sol Nissin Corporation ( TSE:3837 ) has announced that it will be increasing its periodic dividend on the 1st of...
공고 • Mar 21Ad-Sol Nissin Corporation to Report Fiscal Year 2024 Results on May 09, 2024Ad-Sol Nissin Corporation announced that they will report fiscal year 2024 results on May 09, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).
분석 기사 • Feb 27Ad-Sol Nissin's (TSE:3837) Dividend Will Be Increased To ¥23.00Ad-Sol Nissin Corporation ( TSE:3837 ) has announced that it will be increasing its periodic dividend on the 1st of...
Reported Earnings • Feb 09Third quarter 2024 earnings released: EPS: JP¥31.98 (vs JP¥28.34 in 3Q 2023)Third quarter 2024 results: EPS: JP¥31.98 (up from JP¥28.34 in 3Q 2023). Revenue: JP¥3.52b (up 9.2% from 3Q 2023). Net income: JP¥298.0m (up 13% from 3Q 2023). Profit margin: 8.5% (up from 8.2% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
공고 • Feb 07+ 1 more updateAd-Sol Nissin Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024Ad-Sol Nissin Corporation revised consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company expects revised net sales of JPY 14,000 million, operating income of JPY 1,430 million, net income attributable to owners of parent of JPY 961 million and net income per share of JPY 103.15 compared to previously expected net sales of JPY 13,600 million, operating income of JPY 1,300 million, net income attributable to owners of parent of JPY 897 million and net income per share of JPY 96.38.
공고 • Nov 11Ad-Sol Nissin Corporation to Report Q3, 2024 Results on Feb 07, 2024Ad-Sol Nissin Corporation announced that they will report Q3, 2024 results on Feb 07, 2024
Reported Earnings • Nov 08Second quarter 2024 earnings released: EPS: JP¥28.01 (vs JP¥23.95 in 2Q 2023)Second quarter 2024 results: EPS: JP¥28.01 (up from JP¥23.95 in 2Q 2023). Revenue: JP¥3.44b (up 8.0% from 2Q 2023). Net income: JP¥261.0m (up 17% from 2Q 2023). Profit margin: 7.6% (up from 7.0% in 2Q 2023). The increase in margin was driven by higher revenue.
New Risk • Oct 18New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.0b (US$100.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥15.0b market cap, or US$100.0m).
공고 • Oct 07Ad-Sol Nissin Corporation to Report Q2, 2024 Results on Nov 07, 2023Ad-Sol Nissin Corporation announced that they will report Q2, 2024 results on Nov 07, 2023
Upcoming Dividend • Sep 21Upcoming dividend of JP¥19.00 per share at 2.3% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.5%).
Reported Earnings • Aug 04First quarter 2024 earnings released: EPS: JP¥23.62 (vs JP¥15.83 in 1Q 2023)First quarter 2024 results: EPS: JP¥23.62 (up from JP¥15.83 in 1Q 2023). Revenue: JP¥3.40b (up 11% from 1Q 2023). Net income: JP¥220.0m (up 50% from 1Q 2023). Profit margin: 6.5% (up from 4.8% in 1Q 2023). The increase in margin was driven by higher revenue.
공고 • Jun 28Ad-Sol Nissin Corporation to Report Q1, 2024 Results on Aug 03, 2023Ad-Sol Nissin Corporation announced that they will report Q1, 2024 results on Aug 03, 2023
Reported Earnings • May 10Full year 2023 earnings released: EPS: JP¥90.37 (vs JP¥84.52 in FY 2022)Full year 2023 results: EPS: JP¥90.37 (up from JP¥84.52 in FY 2022). Revenue: JP¥12.8b (up 4.9% from FY 2022). Net income: JP¥841.0m (up 7.3% from FY 2022). Profit margin: 6.5% (up from 6.4% in FY 2022). The increase in margin was driven by higher revenue.
공고 • May 10Ad-Sol Nissin Corporation, Annual General Meeting, Jun 28, 2023Ad-Sol Nissin Corporation, Annual General Meeting, Jun 28, 2023.
Buying Opportunity • Apr 19Now 20% undervaluedOver the last 90 days, the stock is up 30%. The fair value is estimated to be JP¥2,156, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last year. Earnings per share has grown by 3.8%.
Buying Opportunity • Apr 04Now 20% undervaluedOver the last 90 days, the stock is up 31%. The fair value is estimated to be JP¥2,156, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last year. Earnings per share has grown by 3.8%.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥20.00 per share at 2.2% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).
Reported Earnings • Feb 10Third quarter 2023 earnings released: EPS: JP¥28.34 (vs JP¥19.60 in 3Q 2022)Third quarter 2023 results: EPS: JP¥28.34 (up from JP¥19.60 in 3Q 2022). Revenue: JP¥3.23b (up 8.3% from 3Q 2022). Net income: JP¥264.0m (up 45% from 3Q 2022). Profit margin: 8.2% (up from 6.1% in 3Q 2022). The increase in margin was driven by higher revenue.
공고 • Dec 07Ad-Sol Nissin Corporation to Report Q3, 2023 Results on Feb 07, 2023Ad-Sol Nissin Corporation announced that they will report Q3, 2023 results on Feb 07, 2023
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Outside Independent Auditor Hiroshi Endo was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 09Second quarter 2023 earnings released: EPS: JP¥23.87 (vs JP¥28.98 in 2Q 2022)Second quarter 2023 results: EPS: JP¥23.87 (down from JP¥28.98 in 2Q 2022). Revenue: JP¥3.19b (down 1.0% from 2Q 2022). Net income: JP¥223.0m (down 17% from 2Q 2022). Profit margin: 7.0% (down from 8.4% in 2Q 2022).
Upcoming Dividend • Sep 22Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).
공고 • Aug 31Ad-Sol Nissin Corporation to Report Q2, 2023 Results on Nov 07, 2022Ad-Sol Nissin Corporation announced that they will report Q2, 2023 results on Nov 07, 2022
Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: JP¥15.83 (vs JP¥18.05 in 1Q 2022)First quarter 2023 results: EPS: JP¥15.83 (down from JP¥18.05 in 1Q 2022). Revenue: JP¥3.05b (up 1.3% from 1Q 2022). Net income: JP¥147.0m (down 12% from 1Q 2022). Profit margin: 4.8% (down from 5.5% in 1Q 2022). The decrease in margin was driven by higher expenses.
공고 • Jun 12Ad-Sol Nissin Corporation to Report Q1, 2023 Results on Aug 04, 2022Ad-Sol Nissin Corporation announced that they will report Q1, 2023 results on Aug 04, 2022
공고 • May 12Ad-Sol Nissin Corporation, Annual General Meeting, Jun 28, 2022Ad-Sol Nissin Corporation, Annual General Meeting, Jun 28, 2022.
Reported Earnings • May 11Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: JP¥84.51 (down from JP¥97.25 in FY 2021). Revenue: JP¥12.2b (down 9.4% from FY 2021). Net income: JP¥784.0m (down 13% from FY 2021). Profit margin: 6.4% (down from 6.6% in FY 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 5.9%. Over the next year, revenue is forecast to grow 6.0%, compared to a 7.9% growth forecast for the industry in Japan.
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. 4 non-independent directors. Audit & Supervisory Board Member Toshi Yoshinari was the last director to join the board, commencing their role in 2018. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
공고 • Apr 08Ad-Sol Nissin Corporation to Report Fiscal Year 2022 Results on May 10, 2022Ad-Sol Nissin Corporation announced that they will report fiscal year 2022 results on May 10, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 25 June 2022. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%).
Reported Earnings • Feb 08Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: JP¥19.60 (up from JP¥16.21 in 3Q 2021). Revenue: JP¥2.98b (down 14% from 3Q 2021). Net income: JP¥182.0m (up 21% from 3Q 2021). Profit margin: 6.1% (up from 4.3% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 1.6%, compared to a 7.4% growth forecast for the industry in Japan.
Reported Earnings • Nov 10Second quarter 2022 earnings released: EPS JP¥28.98 (vs JP¥16.21 in 2Q 2021)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥3.22b (down 7.1% from 2Q 2021). Net income: JP¥269.0m (up 79% from 2Q 2021). Profit margin: 8.4% (up from 4.3% in 2Q 2021). The increase in margin was driven by lower expenses.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 December 2021. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.2%).
Price Target Changed • Sep 14Price target decreased to JP¥2,700Down from JP¥3,300, the current price target is provided by 1 analyst. New target price is 15% above last closing price of JP¥2,358. Stock is down 4.8% over the past year.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 25 June 2021. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (2.7%). In line with average of industry peers (1.3%).
Is New 90 Day High Low • Jan 05New 90-day high: JP¥3,370The company is up 25% from its price of JP¥2,706 on 07 October 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 2.0% over the same period.
공고 • Dec 30Ad-Sol Nissin Corporation to Report Q3, 2021 Results on Feb 04, 2021Ad-Sol Nissin Corporation announced that they will report Q3, 2021 results on Feb 04, 2021
Is New 90 Day High Low • Dec 14New 90-day high: JP¥3,040The company is up 23% from its price of JP¥2,476 on 15 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 6.0% over the same period.