View Financial HealthDensan System Holdings 배당 및 자사주 매입배당 기준 점검 5/6Densan System Holdings 수익으로 충분히 충당되는 현재 수익률 3.51% 보유한 배당금 지급 회사입니다. 다음 지급일은 14th September, 2026 이며 배당락일은 다음과 같습니다. 29th June, 2026.핵심 정보3.5%배당 수익률-0.4%자사주 매입 수익률총 주주 수익률3.1%미래 배당 수익률4.2%배당 성장률12.4%다음 배당 지급일14 Sep 26배당락일29 Jun 26주당 배당금n/a배당 성향32%최근 배당 및 자사주 매입 업데이트Declared Dividend • Apr 11Final dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 29th June 2026 Payment date: 14th September 2026 Dividend yield will be 3.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Dec 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 26 March 2026. Payout ratio is a comfortable 26% 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 (1.2%).Declared Dividend • Sep 13First half dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 29th December 2025 Payment date: 26th March 2026 Dividend yield will be 2.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (42% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 82% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Jun 20Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 10 September 2025. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.2%).분석 기사 • May 18Densan System Holdings (TSE:4072) Has Announced A Dividend Of ¥40.00Densan System Holdings Co., Ltd.'s ( TSE:4072 ) investors are due to receive a payment of ¥40.00 per share on 10th of...분석 기사 • Apr 11Densan System Holdings (TSE:4072) Is Due To Pay A Dividend Of ¥40.00The board of Densan System Holdings Co., Ltd. ( TSE:4072 ) has announced that it will pay a dividend on the 10th of...모든 업데이트 보기Recent updates공시 • Jun 05Densan System Holdings Co., Ltd. to Report Q2, 2026 Results on Aug 12, 2026Densan System Holdings Co., Ltd. announced that they will report Q2, 2026 results on Aug 12, 2026Reported Earnings • May 15First quarter 2026 earnings released: EPS: JP¥82.90 (vs JP¥76.86 in 1Q 2025)First quarter 2026 results: EPS: JP¥82.90 (up from JP¥76.86 in 1Q 2025). Revenue: JP¥17.2b (up 11% from 1Q 2025). Net income: JP¥888.0m (up 8.3% from 1Q 2025). Profit margin: 5.2% (down from 5.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.3% 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 4% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Declared Dividend • Apr 11Final dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 29th June 2026 Payment date: 14th September 2026 Dividend yield will be 3.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Mar 30Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥271 (up from JP¥174 in FY 2024). Revenue: JP¥68.1b (up 11% from FY 2024). Net income: JP¥2.90b (up 56% from FY 2024). Profit margin: 4.3% (up from 3.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Revenue is forecast to grow 5.5% 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 fallen by 1% per year whereas the company’s share price has increased by 2% per year.분석 기사 • Feb 16Statutory Profit Doesn't Reflect How Good Densan System Holdings' (TSE:4072) Earnings AreThe subdued stock price reaction suggests that Densan System Holdings Co., Ltd.'s ( TSE:4072 ) strong earnings didn't...Reported Earnings • Feb 10Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥271 (up from JP¥174 in FY 2024). Revenue: JP¥68.1b (up 11% from FY 2024). Net income: JP¥2.90b (up 56% from FY 2024). Profit margin: 4.3% (up from 3.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Revenue is forecast to grow 5.5% 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 fallen by 1% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.공시 • Feb 09Densan System Holdings Co., Ltd., Annual General Meeting, Mar 25, 2026Densan System Holdings Co., Ltd., Annual General Meeting, Mar 25, 2026.Upcoming Dividend • Dec 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 26 March 2026. Payout ratio is a comfortable 26% 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 (1.2%).공시 • Dec 05Densan System Holdings Co., Ltd. to Report Fiscal Year 2025 Results on Feb 09, 2026Densan System Holdings Co., Ltd. announced that they will report fiscal year 2025 results on Feb 09, 2026공시 • Nov 18Densan System Holdings Co., Ltd. (TSE:4072) acquired Unyte Co., Ltd.Densan System Holdings Co., Ltd. (TSE:4072) acquired Unyte Co., Ltd. on November 18, 2025. As part of the acquisition, Densan System Holdings Co., Ltd. acquired all of the outstanding shares of Unyte Co., Ltd. Densan System Holdings Co., Ltd. (TSE:4072) completed the acquisition of Unyte Co., Ltd. on November 18, 2025.Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: JP¥91.92 (vs JP¥22.45 loss in 3Q 2024)Third quarter 2025 results: EPS: JP¥91.92 (up from JP¥22.45 loss in 3Q 2024). Revenue: JP¥17.9b (up 21% from 3Q 2024). Net income: JP¥983.0m (up JP¥1.22b from 3Q 2024). Profit margin: 5.5% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 6.6% 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 fallen by 5% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.Price Target Changed • Sep 19Price target increased by 27% to JP¥4,200Up from JP¥3,300, the current price target is provided by 1 analyst. New target price is 10% above last closing price of JP¥3,815. Stock is up 46% over the past year. The company is forecast to post earnings per share of JP¥243 for next year compared to JP¥174 last year.Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥3,815, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 20x in the IT industry in Japan. Total returns to shareholders of 83% over the past three years.Declared Dividend • Sep 13First half dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 29th December 2025 Payment date: 26th March 2026 Dividend yield will be 2.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (42% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 82% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Sep 02Densan System Holdings Co., Ltd. to Report Q3, 2025 Results on Nov 11, 2025Densan System Holdings Co., Ltd. announced that they will report Q3, 2025 results on Nov 11, 2025Buy Or Sell Opportunity • Aug 26Now 28% undervaluedOver the last 90 days, the stock has risen 63% to JP¥4,090. The fair value is estimated to be JP¥5,660, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has declined by 11%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 71% in the next 2 years.공시 • Aug 23An undisclosed buyer acquired Micro Research Ltd. from Densan System Holdings Co., Ltd. (TSE:4072).An undisclosed buyer acquired Micro Research Ltd. from Densan System Holdings Co., Ltd. (TSE:4072) on August 22, 2025. Micro Research Ltd. will no longer be a consolidated subsidiary of Densan System Holdings Co., Ltd. after the completion. An undisclosed buyer completed the acquisition of Micro Research Ltd. from Densan System Holdings Co., Ltd. (TSE:4072) on August 22, 2025.분석 기사 • Aug 19Densan System Holdings Co., Ltd.'s (TSE:4072) 25% Jump Shows Its Popularity With InvestorsThe Densan System Holdings Co., Ltd. ( TSE:4072 ) share price has done very well over the last month, posting an...Valuation Update With 7 Day Price Move • Aug 19Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥3,205, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 20x in the IT industry in Japan. Total returns to shareholders of 43% over the past three years.New Risk • Aug 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: JP¥40.44 (vs JP¥28.20 in 2Q 2024)Second quarter 2025 results: EPS: JP¥40.44 (up from JP¥28.20 in 2Q 2024). Revenue: JP¥16.7b (up 7.3% from 2Q 2024). Net income: JP¥432.0m (up 44% from 2Q 2024). Profit margin: 2.6% (up from 1.9% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% 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 fallen by 11% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Upcoming Dividend • Jun 20Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 10 September 2025. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.2%).공시 • Jun 03Densan System Holdings Co., Ltd. to Report Q2, 2025 Results on Aug 12, 2025Densan System Holdings Co., Ltd. announced that they will report Q2, 2025 results on Aug 12, 2025분석 기사 • May 18Densan System Holdings (TSE:4072) Has Announced A Dividend Of ¥40.00Densan System Holdings Co., Ltd.'s ( TSE:4072 ) investors are due to receive a payment of ¥40.00 per share on 10th of...Reported Earnings • May 17First quarter 2025 earnings released: EPS: JP¥76.86 (vs JP¥73.96 in 1Q 2024)First quarter 2025 results: EPS: JP¥76.86 (up from JP¥73.96 in 1Q 2024). Revenue: JP¥15.5b (up 6.0% from 1Q 2024). Net income: JP¥820.0m (up 4.3% from 1Q 2024). Profit margin: 5.3% (down from 5.4% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.분석 기사 • Apr 11Densan System Holdings (TSE:4072) Is Due To Pay A Dividend Of ¥40.00The board of Densan System Holdings Co., Ltd. ( TSE:4072 ) has announced that it will pay a dividend on the 10th of...Declared Dividend • Apr 11Final dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 27th June 2025 Payment date: 10th September 2025 Dividend yield will be 3.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (53% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 78% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥2,160, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 17x in the IT industry in Japan. Total loss to shareholders of 13% over the past three years.공시 • Mar 01Densan System Holdings Co., Ltd. to Report Q1, 2025 Results on May 13, 2025Densan System Holdings Co., Ltd. announced that they will report Q1, 2025 results on May 13, 2025분석 기사 • Feb 17We Think You Can Look Beyond Densan System Holdings' (TSE:4072) Lackluster EarningsThe market was pleased with the recent earnings report from Densan System Holdings Co., Ltd. ( TSE:4072 ), despite the...Buy Or Sell Opportunity • Feb 17Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.5% to JP¥2,437. The fair value is estimated to be JP¥3,080, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has declined by 8.1%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 73% in the next 2 years.Reported Earnings • Feb 12Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: JP¥174 (down from JP¥188 in FY 2023). Revenue: JP¥61.3b (up 2.8% from FY 2023). Net income: JP¥1.85b (down 7.7% from FY 2023). Profit margin: 3.0% (down from 3.4% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 31%. Revenue is forecast to grow 7.4% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 3% per year.공시 • Feb 10Densan System Holdings Co., Ltd., Annual General Meeting, Mar 25, 2025Densan System Holdings Co., Ltd., Annual General Meeting, Mar 25, 2025.Upcoming Dividend • Dec 20Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 27 March 2025. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%).분석 기사 • Dec 20Densan System Holdings (TSE:4072) Has Announced That It Will Be Increasing Its Dividend To ¥40.00Densan System Holdings Co., Ltd.'s ( TSE:4072 ) dividend will be increasing from last year's payment of the same period...분석 기사 • Dec 03Densan System Holdings' (TSE:4072) Upcoming Dividend Will Be Larger Than Last Year'sThe board of Densan System Holdings Co., Ltd. ( TSE:4072 ) has announced that it will be paying its dividend of ¥40.00...공시 • Dec 03Densan System Holdings Co., Ltd. to Report Fiscal Year 2024 Results on Feb 10, 2025Densan System Holdings Co., Ltd. announced that they will report fiscal year 2024 results on Feb 10, 2025Reported Earnings • Nov 13Third quarter 2024 earnings released: JP¥22.45 loss per share (vs JP¥64.11 profit in 3Q 2023)Third quarter 2024 results: JP¥22.45 loss per share (down from JP¥64.11 profit in 3Q 2023). Revenue: JP¥14.9b (up 4.1% from 3Q 2023). Net loss: JP¥239.0m (down 135% from profit in 3Q 2023). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has remained flat.분석 기사 • Nov 12Densan System Holdings (TSE:4072) Is Increasing Its Dividend To ¥40.00Densan System Holdings Co., Ltd.'s ( TSE:4072 ) dividend will be increasing from last year's payment of the same period...공시 • Nov 12+ 1 more updateDensan System Holdings Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending December 31, 2024Densan System Holdings Co., Ltd. provided dividend guidance for the fiscal year ending December 31, 2024. For the year-end, the company expects to pay dividend of JPY 40 per share compared to JPY 19 per share a year ago.Price Target Changed • Oct 24Price target decreased by 8.3% to JP¥3,300Down from JP¥3,600, the current price target is provided by 1 analyst. New target price is 26% above last closing price of JP¥2,625. Stock is down 0.4% over the past year. The company is forecast to post earnings per share of JP¥254 for next year compared to JP¥188 last year.분석 기사 • Aug 27Densan System Holdings (TSE:4072) Is Increasing Its Dividend To ¥40.00Densan System Holdings Co., Ltd. ( TSE:4072 ) will increase its dividend from last year's comparable payment on the...공시 • Aug 27Densan System Holdings Co., Ltd. to Report Q3, 2024 Results on Nov 11, 2024Densan System Holdings Co., Ltd. announced that they will report Q3, 2024 results on Nov 11, 2024Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: JP¥28.20 (vs JP¥58.13 in 2Q 2023)Second quarter 2024 results: EPS: JP¥28.20 (down from JP¥58.13 in 2Q 2023). Revenue: JP¥15.6b (up 2.0% from 2Q 2023). Net income: JP¥300.0m (down 52% from 2Q 2023). Profit margin: 1.9% (down from 4.1% in 2Q 2023). Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.분석 기사 • Aug 12Densan System Holdings (TSE:4072) Will Pay A Larger Dividend Than Last Year At ¥40.00Densan System Holdings Co., Ltd. ( TSE:4072 ) has announced that it will be increasing its dividend from last year's...Declared Dividend • Aug 12Dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 27th December 2024 Payment date: 27th March 2025 Dividend yield will be 2.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 58% over the next 3 years, which should provide support to the dividend and adequate earnings cover.분석 기사 • Aug 05Densan System Holdings Co., Ltd. (TSE:4072) Screens Well But There Might Be A CatchWith a median price-to-earnings (or "P/E") ratio of close to 13x in Japan, you could be forgiven for feeling...Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥2,315, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 17x in the IT industry in Japan. Total loss to shareholders of 9.6% over the past three years.Upcoming Dividend • Jun 20Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 11 September 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (1.6%).분석 기사 • Jun 10Densan System Holdings (TSE:4072) Is Paying Out A Larger Dividend Than Last YearDensan System Holdings Co., Ltd. ( TSE:4072 ) will increase its dividend from last year's comparable payment on the...Reported Earnings • May 16First quarter 2024 earnings released: EPS: JP¥73.96 (vs JP¥71.65 in 1Q 2023)First quarter 2024 results: EPS: JP¥73.96 (up from JP¥71.65 in 1Q 2023). Revenue: JP¥14.7b (flat on 1Q 2023). Net income: JP¥786.0m (up 1.7% from 1Q 2023). Profit margin: 5.4% (up from 5.3% in 1Q 2023). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the IT industry in Japan. 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 6% per year, which means it is significantly lagging earnings.분석 기사 • Apr 25Densan System Holdings' (TSE:4072) Upcoming Dividend Will Be Larger Than Last Year'sDensan System Holdings Co., Ltd. ( TSE:4072 ) will increase its dividend from last year's comparable payment on the...분석 기사 • Apr 11Densan System Holdings (TSE:4072) Has Announced That It Will Be Increasing Its Dividend To ¥20.00The board of Densan System Holdings Co., Ltd. ( TSE:4072 ) has announced that it will be paying its dividend of ¥20.00...Declared Dividend • Apr 11Final dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 27th June 2024 Payment date: 11th September 2024 Dividend yield will be 1.4%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has increased by an average of 6.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 55% over the next 3 years, which should provide support to the dividend and adequate earnings cover.분석 기사 • Apr 03There May Be Some Bright Spots In Densan System Holdings' (TSE:4072) EarningsSoft earnings didn't appear to concern Densan System Holdings Co., Ltd.'s ( TSE:4072 ) shareholders over the last week...공시 • Mar 28Densan System Holdings Co., Ltd. to Report Q1, 2024 Results on May 13, 2024Densan System Holdings Co., Ltd. announced that they will report Q1, 2024 results on May 13, 2024공시 • Feb 11Densan System Holdings Co., Ltd., Annual General Meeting, Mar 26, 2024Densan System Holdings Co., Ltd., Annual General Meeting, Mar 26, 2024.Reported Earnings • Feb 10Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: JP¥188 (down from JP¥218 in FY 2022). Revenue: JP¥59.6b (up 11% from FY 2022). Net income: JP¥2.00b (down 15% from FY 2022). Profit margin: 3.4% (down from 4.4% in FY 2022). Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) also missed analyst estimates by 30%. Revenue is forecast to grow 9.6% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Upcoming Dividend • Dec 21Upcoming dividend of JP¥19.00 per share at 1.4% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 27 March 2024. Payout ratio is a comfortable 6.4% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (1.5%).공시 • Dec 05Densan System Holdings Co., Ltd. to Report Fiscal Year 2023 Results on Feb 09, 2024Densan System Holdings Co., Ltd. announced that they will report fiscal year 2023 results on Feb 09, 2024Reported Earnings • Nov 12Third quarter 2023 earnings released: EPS: JP¥64.11 (vs JP¥44.30 in 3Q 2022)Third quarter 2023 results: EPS: JP¥64.11 (up from JP¥44.30 in 3Q 2022). Revenue: JP¥14.3b (up 11% from 3Q 2022). Net income: JP¥680.0m (up 42% from 3Q 2022). Profit margin: 4.8% (up from 3.7% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.공시 • Aug 27Densan System Holdings Co., Ltd. to Report Q3, 2023 Results on Nov 10, 2023Densan System Holdings Co., Ltd. announced that they will report Q3, 2023 results on Nov 10, 2023Valuation Update With 7 Day Price Move • Aug 17Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥2,672, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 18x in the IT industry in Japan. Total loss to shareholders of 28% over the past three years.Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: JP¥58.13 (vs JP¥31.98 in 2Q 2022)Second quarter 2023 results: EPS: JP¥58.13 (up from JP¥31.98 in 2Q 2022). Revenue: JP¥15.3b (up 15% from 2Q 2022). Net income: JP¥622.0m (up 80% from 2Q 2022). Profit margin: 4.1% (up from 2.6% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jun 22Upcoming dividend of JP¥18.00 per share at 1.1% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 12 September 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.6%).공시 • May 28Densan System Holdings Co., Ltd. to Report Q2, 2023 Results on Aug 10, 2023Densan System Holdings Co., Ltd. announced that they will report Q2, 2023 results on Aug 10, 2023Reported Earnings • May 16First quarter 2023 earnings released: EPS: JP¥71.65 (vs JP¥52.11 in 1Q 2022)First quarter 2023 results: EPS: JP¥71.65 (up from JP¥52.11 in 1Q 2022). Revenue: JP¥14.6b (up 24% from 1Q 2022). Net income: JP¥773.0m (up 38% from 1Q 2022). Profit margin: 5.3% (up from 4.8% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • May 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥3,115, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the IT industry in Japan. Total returns to shareholders of 9.4% over the past three years.Reported Earnings • Mar 31Full year 2022 earnings released: EPS: JP¥218 (vs JP¥183 in FY 2021)Full year 2022 results: EPS: JP¥218 (up from JP¥183 in FY 2021). Revenue: JP¥53.5b (up 6.2% from FY 2021). Net income: JP¥2.35b (up 19% from FY 2021). Profit margin: 4.4% (up from 3.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.Buying Opportunity • Mar 20Now 20% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be JP¥3,100, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 4.4%. For the next 3 years, revenue is forecast to grow by 9.4% per annum. Earnings is also forecast to grow by 7.9% per annum over the same time period.Valuation Update With 7 Day Price Move • Feb 17Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥2,524, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 1.6% over the past three years.Reported Earnings • Feb 12Full year 2022 earnings released: EPS: JP¥218 (vs JP¥183 in FY 2021)Full year 2022 results: EPS: JP¥218 (up from JP¥183 in FY 2021). Revenue: JP¥53.5b (up 6.2% from FY 2021). Net income: JP¥2.35b (up 19% from FY 2021). Profit margin: 4.4% (up from 3.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.공시 • Feb 12Densan System Holdings Co., Ltd., Annual General Meeting, Mar 24, 2023Densan System Holdings Co., Ltd., Annual General Meeting, Mar 24, 2023.Buying Opportunity • Feb 10Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be JP¥2,694, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 3.7%.공시 • Jan 18Densan System Holdings Co., Ltd. to Report Fiscal Year 2022 Results on Feb 10, 2023Densan System Holdings Co., Ltd. announced that they will report fiscal year 2022 results on Feb 10, 2023Upcoming Dividend • Dec 22Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 28 March 2023. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (1.7%).Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: JP¥44.30 (vs JP¥32.44 in 3Q 2021)Third quarter 2022 results: EPS: JP¥44.30 (up from JP¥32.44 in 3Q 2021). Revenue: JP¥12.8b (up 9.2% from 3Q 2021). Net income: JP¥478.0m (up 37% from 3Q 2021). Profit margin: 3.7% (up from 3.0% in 3Q 2021). 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 6.6% growth forecast for the IT industry in Japan. 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 6% per year, which means it is significantly lagging earnings.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 5 highly experienced directors. 2 independent directors (9 non-independent directors). Head of Business Affairs of Administration Division & Director Haruto Goto was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Nov 13+ 1 more updateDensan System Holdings Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Densan System Holdings Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the period, the company expected net sales of JPY 55,500 million, operating profit of JPY 3,270 million, profit attributable to owners of parent of JPY 2,247 million and basic earnings per share of JPY 208.35.Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: JP¥44.30 (vs JP¥32.44 in 3Q 2021)Third quarter 2022 results: EPS: JP¥44.30 (up from JP¥32.44 in 3Q 2021). Revenue: JP¥12.8b (up 9.2% from 3Q 2021). Net income: JP¥478.0m (up 37% from 3Q 2021). Profit margin: 3.7% (up from 3.0% in 3Q 2021). 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 6.9% growth forecast for the IT industry in Japan. 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 12+ 2 more updatesDensan System Holdings Co., Ltd. Declares Dividend for the Second Quarter Ended on June 30, 2022, Payable on September 12, 2022Densan System Holdings Co., Ltd. declared dividend of JPY 17.00 per for the 2nd quarter-end on June 30, 2022. Scheduled date to commence dividend payments on September 12, 2022.Reported Earnings • Aug 12Second quarter 2022 earnings released: EPS: JP¥31.98 (vs JP¥32.60 in 2Q 2021)Second quarter 2022 results: EPS: JP¥31.98 (down from JP¥32.60 in 2Q 2021). Revenue: JP¥13.3b (up 15% from 2Q 2021). Net income: JP¥345.0m (down 1.9% from 2Q 2021). Profit margin: 2.6% (down from 3.0% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 6.6%, compared to a 11% growth forecast for the industry in Japan. 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 6% per year, which means it is significantly lagging earnings.공시 • Jun 23Densan System Holdings Co., Ltd. to Report Q2, 2022 Results on Aug 10, 2022Densan System Holdings Co., Ltd. announced that they will report Q2, 2022 results on Aug 10, 2022Upcoming Dividend • Jun 22Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 01 September 2022. Payout ratio is a comfortable 8.2% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (1.7%).공시 • May 13+ 2 more updatesDensan System Co., Ltd. Provides Dividend Guidance for the Half Year of Fiscal Year Ending December 31, 2022Densan System Co., Ltd. provided dividend guidance for the half year of fiscal year ending December 31, 2022. For the half year, the company expects interim dividend of JPY 17.00 per share against JPY 00 per share paid a year ago.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 6 highly experienced directors. 2 independent directors (9 non-independent directors). Head of Business Affairs of Administration Division & Director Haruto Goto was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Apr 07Densan System Holdings Co., Ltd. to Report Q1, 2022 Results on May 11, 2022Densan System Holdings Co., Ltd. announced that they will report Q1, 2022 results on May 11, 2022공시 • Feb 12Densan System Holdings Co., Ltd., Annual General Meeting, Mar 25, 2022Densan System Holdings Co., Ltd., Annual General Meeting, Mar 25, 2022.Upcoming Dividend • Dec 22Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 26 March 2022. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (1.3%).Reported Earnings • Aug 04Second quarter 2021 earnings released: EPS JP¥32.60 (vs JP¥31.89 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: JP¥11.6b (up 8.3% from 2Q 2020). Net income: JP¥351.6m (up 13% from 2Q 2020). Profit margin: 3.0% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.예정된 배당 지급오늘Jun 11 2026배당락일Jun 29 2026배당 지급일Sep 14 202677 days (배당락일 기준)다음 배당금을 받으려면 앞으로 18 days일 이내에 매수하세요지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 4072 의 주당 배당금은 지난 10 년 동안 안정적이었습니다.배당금 증가: 4072 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Densan System Holdings 배당 수익률 vs 시장4072의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (4072)3.5%시장 하위 25% (JP)1.8%시장 상위 25% (JP)3.9%업계 평균 (IT)1.9%분석가 예측 (4072) (최대 3년)4.2%주목할만한 배당금: 4072 의 배당금( 3.51% )은 JP 시장에서 배당금 지급자의 하위 25%( 1.82% )보다 높습니다.고배당: 4072 의 배당금( 3.51% )은 JP 시장에서 배당금 지급자의 상위 25%( 3.9% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 32.5% )로 4072 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 합리적으로 낮은 현금 지급 비율 ( 30.3% )로 4072 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 분석2026/06/11 16:01종가2026/06/11 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Densan System Holdings Co., Ltd.는 3명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Richard KoKGI Securities Co. Ltd.Hiroshi NarikawaTIWKoichiro HagiwaraTokai Tokyo Intelligence Laboratory Co., Ltd.
Declared Dividend • Apr 11Final dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 29th June 2026 Payment date: 14th September 2026 Dividend yield will be 3.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 26 March 2026. Payout ratio is a comfortable 26% 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 (1.2%).
Declared Dividend • Sep 13First half dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 29th December 2025 Payment date: 26th March 2026 Dividend yield will be 2.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (42% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 82% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 10 September 2025. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.2%).
분석 기사 • May 18Densan System Holdings (TSE:4072) Has Announced A Dividend Of ¥40.00Densan System Holdings Co., Ltd.'s ( TSE:4072 ) investors are due to receive a payment of ¥40.00 per share on 10th of...
분석 기사 • Apr 11Densan System Holdings (TSE:4072) Is Due To Pay A Dividend Of ¥40.00The board of Densan System Holdings Co., Ltd. ( TSE:4072 ) has announced that it will pay a dividend on the 10th of...
공시 • Jun 05Densan System Holdings Co., Ltd. to Report Q2, 2026 Results on Aug 12, 2026Densan System Holdings Co., Ltd. announced that they will report Q2, 2026 results on Aug 12, 2026
Reported Earnings • May 15First quarter 2026 earnings released: EPS: JP¥82.90 (vs JP¥76.86 in 1Q 2025)First quarter 2026 results: EPS: JP¥82.90 (up from JP¥76.86 in 1Q 2025). Revenue: JP¥17.2b (up 11% from 1Q 2025). Net income: JP¥888.0m (up 8.3% from 1Q 2025). Profit margin: 5.2% (down from 5.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.3% 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 4% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Declared Dividend • Apr 11Final dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 29th June 2026 Payment date: 14th September 2026 Dividend yield will be 3.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Mar 30Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥271 (up from JP¥174 in FY 2024). Revenue: JP¥68.1b (up 11% from FY 2024). Net income: JP¥2.90b (up 56% from FY 2024). Profit margin: 4.3% (up from 3.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Revenue is forecast to grow 5.5% 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 fallen by 1% per year whereas the company’s share price has increased by 2% per year.
분석 기사 • Feb 16Statutory Profit Doesn't Reflect How Good Densan System Holdings' (TSE:4072) Earnings AreThe subdued stock price reaction suggests that Densan System Holdings Co., Ltd.'s ( TSE:4072 ) strong earnings didn't...
Reported Earnings • Feb 10Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥271 (up from JP¥174 in FY 2024). Revenue: JP¥68.1b (up 11% from FY 2024). Net income: JP¥2.90b (up 56% from FY 2024). Profit margin: 4.3% (up from 3.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Revenue is forecast to grow 5.5% 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 fallen by 1% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
공시 • Feb 09Densan System Holdings Co., Ltd., Annual General Meeting, Mar 25, 2026Densan System Holdings Co., Ltd., Annual General Meeting, Mar 25, 2026.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 26 March 2026. Payout ratio is a comfortable 26% 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 (1.2%).
공시 • Dec 05Densan System Holdings Co., Ltd. to Report Fiscal Year 2025 Results on Feb 09, 2026Densan System Holdings Co., Ltd. announced that they will report fiscal year 2025 results on Feb 09, 2026
공시 • Nov 18Densan System Holdings Co., Ltd. (TSE:4072) acquired Unyte Co., Ltd.Densan System Holdings Co., Ltd. (TSE:4072) acquired Unyte Co., Ltd. on November 18, 2025. As part of the acquisition, Densan System Holdings Co., Ltd. acquired all of the outstanding shares of Unyte Co., Ltd. Densan System Holdings Co., Ltd. (TSE:4072) completed the acquisition of Unyte Co., Ltd. on November 18, 2025.
Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: JP¥91.92 (vs JP¥22.45 loss in 3Q 2024)Third quarter 2025 results: EPS: JP¥91.92 (up from JP¥22.45 loss in 3Q 2024). Revenue: JP¥17.9b (up 21% from 3Q 2024). Net income: JP¥983.0m (up JP¥1.22b from 3Q 2024). Profit margin: 5.5% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 6.6% 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 fallen by 5% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
Price Target Changed • Sep 19Price target increased by 27% to JP¥4,200Up from JP¥3,300, the current price target is provided by 1 analyst. New target price is 10% above last closing price of JP¥3,815. Stock is up 46% over the past year. The company is forecast to post earnings per share of JP¥243 for next year compared to JP¥174 last year.
Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥3,815, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 20x in the IT industry in Japan. Total returns to shareholders of 83% over the past three years.
Declared Dividend • Sep 13First half dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 29th December 2025 Payment date: 26th March 2026 Dividend yield will be 2.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (42% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 82% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Sep 02Densan System Holdings Co., Ltd. to Report Q3, 2025 Results on Nov 11, 2025Densan System Holdings Co., Ltd. announced that they will report Q3, 2025 results on Nov 11, 2025
Buy Or Sell Opportunity • Aug 26Now 28% undervaluedOver the last 90 days, the stock has risen 63% to JP¥4,090. The fair value is estimated to be JP¥5,660, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has declined by 11%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 71% in the next 2 years.
공시 • Aug 23An undisclosed buyer acquired Micro Research Ltd. from Densan System Holdings Co., Ltd. (TSE:4072).An undisclosed buyer acquired Micro Research Ltd. from Densan System Holdings Co., Ltd. (TSE:4072) on August 22, 2025. Micro Research Ltd. will no longer be a consolidated subsidiary of Densan System Holdings Co., Ltd. after the completion. An undisclosed buyer completed the acquisition of Micro Research Ltd. from Densan System Holdings Co., Ltd. (TSE:4072) on August 22, 2025.
분석 기사 • Aug 19Densan System Holdings Co., Ltd.'s (TSE:4072) 25% Jump Shows Its Popularity With InvestorsThe Densan System Holdings Co., Ltd. ( TSE:4072 ) share price has done very well over the last month, posting an...
Valuation Update With 7 Day Price Move • Aug 19Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥3,205, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 20x in the IT industry in Japan. Total returns to shareholders of 43% over the past three years.
New Risk • Aug 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: JP¥40.44 (vs JP¥28.20 in 2Q 2024)Second quarter 2025 results: EPS: JP¥40.44 (up from JP¥28.20 in 2Q 2024). Revenue: JP¥16.7b (up 7.3% from 2Q 2024). Net income: JP¥432.0m (up 44% from 2Q 2024). Profit margin: 2.6% (up from 1.9% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% 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 fallen by 11% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 10 September 2025. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.2%).
공시 • Jun 03Densan System Holdings Co., Ltd. to Report Q2, 2025 Results on Aug 12, 2025Densan System Holdings Co., Ltd. announced that they will report Q2, 2025 results on Aug 12, 2025
분석 기사 • May 18Densan System Holdings (TSE:4072) Has Announced A Dividend Of ¥40.00Densan System Holdings Co., Ltd.'s ( TSE:4072 ) investors are due to receive a payment of ¥40.00 per share on 10th of...
Reported Earnings • May 17First quarter 2025 earnings released: EPS: JP¥76.86 (vs JP¥73.96 in 1Q 2024)First quarter 2025 results: EPS: JP¥76.86 (up from JP¥73.96 in 1Q 2024). Revenue: JP¥15.5b (up 6.0% from 1Q 2024). Net income: JP¥820.0m (up 4.3% from 1Q 2024). Profit margin: 5.3% (down from 5.4% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
분석 기사 • Apr 11Densan System Holdings (TSE:4072) Is Due To Pay A Dividend Of ¥40.00The board of Densan System Holdings Co., Ltd. ( TSE:4072 ) has announced that it will pay a dividend on the 10th of...
Declared Dividend • Apr 11Final dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 27th June 2025 Payment date: 10th September 2025 Dividend yield will be 3.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (53% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 78% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥2,160, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 17x in the IT industry in Japan. Total loss to shareholders of 13% over the past three years.
공시 • Mar 01Densan System Holdings Co., Ltd. to Report Q1, 2025 Results on May 13, 2025Densan System Holdings Co., Ltd. announced that they will report Q1, 2025 results on May 13, 2025
분석 기사 • Feb 17We Think You Can Look Beyond Densan System Holdings' (TSE:4072) Lackluster EarningsThe market was pleased with the recent earnings report from Densan System Holdings Co., Ltd. ( TSE:4072 ), despite the...
Buy Or Sell Opportunity • Feb 17Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.5% to JP¥2,437. The fair value is estimated to be JP¥3,080, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has declined by 8.1%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 73% in the next 2 years.
Reported Earnings • Feb 12Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: JP¥174 (down from JP¥188 in FY 2023). Revenue: JP¥61.3b (up 2.8% from FY 2023). Net income: JP¥1.85b (down 7.7% from FY 2023). Profit margin: 3.0% (down from 3.4% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 31%. Revenue is forecast to grow 7.4% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 3% per year.
공시 • Feb 10Densan System Holdings Co., Ltd., Annual General Meeting, Mar 25, 2025Densan System Holdings Co., Ltd., Annual General Meeting, Mar 25, 2025.
Upcoming Dividend • Dec 20Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 27 March 2025. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%).
분석 기사 • Dec 20Densan System Holdings (TSE:4072) Has Announced That It Will Be Increasing Its Dividend To ¥40.00Densan System Holdings Co., Ltd.'s ( TSE:4072 ) dividend will be increasing from last year's payment of the same period...
분석 기사 • Dec 03Densan System Holdings' (TSE:4072) Upcoming Dividend Will Be Larger Than Last Year'sThe board of Densan System Holdings Co., Ltd. ( TSE:4072 ) has announced that it will be paying its dividend of ¥40.00...
공시 • Dec 03Densan System Holdings Co., Ltd. to Report Fiscal Year 2024 Results on Feb 10, 2025Densan System Holdings Co., Ltd. announced that they will report fiscal year 2024 results on Feb 10, 2025
Reported Earnings • Nov 13Third quarter 2024 earnings released: JP¥22.45 loss per share (vs JP¥64.11 profit in 3Q 2023)Third quarter 2024 results: JP¥22.45 loss per share (down from JP¥64.11 profit in 3Q 2023). Revenue: JP¥14.9b (up 4.1% from 3Q 2023). Net loss: JP¥239.0m (down 135% from profit in 3Q 2023). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has remained flat.
분석 기사 • Nov 12Densan System Holdings (TSE:4072) Is Increasing Its Dividend To ¥40.00Densan System Holdings Co., Ltd.'s ( TSE:4072 ) dividend will be increasing from last year's payment of the same period...
공시 • Nov 12+ 1 more updateDensan System Holdings Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending December 31, 2024Densan System Holdings Co., Ltd. provided dividend guidance for the fiscal year ending December 31, 2024. For the year-end, the company expects to pay dividend of JPY 40 per share compared to JPY 19 per share a year ago.
Price Target Changed • Oct 24Price target decreased by 8.3% to JP¥3,300Down from JP¥3,600, the current price target is provided by 1 analyst. New target price is 26% above last closing price of JP¥2,625. Stock is down 0.4% over the past year. The company is forecast to post earnings per share of JP¥254 for next year compared to JP¥188 last year.
분석 기사 • Aug 27Densan System Holdings (TSE:4072) Is Increasing Its Dividend To ¥40.00Densan System Holdings Co., Ltd. ( TSE:4072 ) will increase its dividend from last year's comparable payment on the...
공시 • Aug 27Densan System Holdings Co., Ltd. to Report Q3, 2024 Results on Nov 11, 2024Densan System Holdings Co., Ltd. announced that they will report Q3, 2024 results on Nov 11, 2024
Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: JP¥28.20 (vs JP¥58.13 in 2Q 2023)Second quarter 2024 results: EPS: JP¥28.20 (down from JP¥58.13 in 2Q 2023). Revenue: JP¥15.6b (up 2.0% from 2Q 2023). Net income: JP¥300.0m (down 52% from 2Q 2023). Profit margin: 1.9% (down from 4.1% in 2Q 2023). Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
분석 기사 • Aug 12Densan System Holdings (TSE:4072) Will Pay A Larger Dividend Than Last Year At ¥40.00Densan System Holdings Co., Ltd. ( TSE:4072 ) has announced that it will be increasing its dividend from last year's...
Declared Dividend • Aug 12Dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 27th December 2024 Payment date: 27th March 2025 Dividend yield will be 2.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 58% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
분석 기사 • Aug 05Densan System Holdings Co., Ltd. (TSE:4072) Screens Well But There Might Be A CatchWith a median price-to-earnings (or "P/E") ratio of close to 13x in Japan, you could be forgiven for feeling...
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥2,315, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 17x in the IT industry in Japan. Total loss to shareholders of 9.6% over the past three years.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 11 September 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (1.6%).
분석 기사 • Jun 10Densan System Holdings (TSE:4072) Is Paying Out A Larger Dividend Than Last YearDensan System Holdings Co., Ltd. ( TSE:4072 ) will increase its dividend from last year's comparable payment on the...
Reported Earnings • May 16First quarter 2024 earnings released: EPS: JP¥73.96 (vs JP¥71.65 in 1Q 2023)First quarter 2024 results: EPS: JP¥73.96 (up from JP¥71.65 in 1Q 2023). Revenue: JP¥14.7b (flat on 1Q 2023). Net income: JP¥786.0m (up 1.7% from 1Q 2023). Profit margin: 5.4% (up from 5.3% in 1Q 2023). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the IT industry in Japan. 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 6% per year, which means it is significantly lagging earnings.
분석 기사 • Apr 25Densan System Holdings' (TSE:4072) Upcoming Dividend Will Be Larger Than Last Year'sDensan System Holdings Co., Ltd. ( TSE:4072 ) will increase its dividend from last year's comparable payment on the...
분석 기사 • Apr 11Densan System Holdings (TSE:4072) Has Announced That It Will Be Increasing Its Dividend To ¥20.00The board of Densan System Holdings Co., Ltd. ( TSE:4072 ) has announced that it will be paying its dividend of ¥20.00...
Declared Dividend • Apr 11Final dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 27th June 2024 Payment date: 11th September 2024 Dividend yield will be 1.4%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has increased by an average of 6.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 55% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
분석 기사 • Apr 03There May Be Some Bright Spots In Densan System Holdings' (TSE:4072) EarningsSoft earnings didn't appear to concern Densan System Holdings Co., Ltd.'s ( TSE:4072 ) shareholders over the last week...
공시 • Mar 28Densan System Holdings Co., Ltd. to Report Q1, 2024 Results on May 13, 2024Densan System Holdings Co., Ltd. announced that they will report Q1, 2024 results on May 13, 2024
공시 • Feb 11Densan System Holdings Co., Ltd., Annual General Meeting, Mar 26, 2024Densan System Holdings Co., Ltd., Annual General Meeting, Mar 26, 2024.
Reported Earnings • Feb 10Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: JP¥188 (down from JP¥218 in FY 2022). Revenue: JP¥59.6b (up 11% from FY 2022). Net income: JP¥2.00b (down 15% from FY 2022). Profit margin: 3.4% (down from 4.4% in FY 2022). Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) also missed analyst estimates by 30%. Revenue is forecast to grow 9.6% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Dec 21Upcoming dividend of JP¥19.00 per share at 1.4% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 27 March 2024. Payout ratio is a comfortable 6.4% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (1.5%).
공시 • Dec 05Densan System Holdings Co., Ltd. to Report Fiscal Year 2023 Results on Feb 09, 2024Densan System Holdings Co., Ltd. announced that they will report fiscal year 2023 results on Feb 09, 2024
Reported Earnings • Nov 12Third quarter 2023 earnings released: EPS: JP¥64.11 (vs JP¥44.30 in 3Q 2022)Third quarter 2023 results: EPS: JP¥64.11 (up from JP¥44.30 in 3Q 2022). Revenue: JP¥14.3b (up 11% from 3Q 2022). Net income: JP¥680.0m (up 42% from 3Q 2022). Profit margin: 4.8% (up from 3.7% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
공시 • Aug 27Densan System Holdings Co., Ltd. to Report Q3, 2023 Results on Nov 10, 2023Densan System Holdings Co., Ltd. announced that they will report Q3, 2023 results on Nov 10, 2023
Valuation Update With 7 Day Price Move • Aug 17Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥2,672, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 18x in the IT industry in Japan. Total loss to shareholders of 28% over the past three years.
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: JP¥58.13 (vs JP¥31.98 in 2Q 2022)Second quarter 2023 results: EPS: JP¥58.13 (up from JP¥31.98 in 2Q 2022). Revenue: JP¥15.3b (up 15% from 2Q 2022). Net income: JP¥622.0m (up 80% from 2Q 2022). Profit margin: 4.1% (up from 2.6% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥18.00 per share at 1.1% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 12 September 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.6%).
공시 • May 28Densan System Holdings Co., Ltd. to Report Q2, 2023 Results on Aug 10, 2023Densan System Holdings Co., Ltd. announced that they will report Q2, 2023 results on Aug 10, 2023
Reported Earnings • May 16First quarter 2023 earnings released: EPS: JP¥71.65 (vs JP¥52.11 in 1Q 2022)First quarter 2023 results: EPS: JP¥71.65 (up from JP¥52.11 in 1Q 2022). Revenue: JP¥14.6b (up 24% from 1Q 2022). Net income: JP¥773.0m (up 38% from 1Q 2022). Profit margin: 5.3% (up from 4.8% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • May 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥3,115, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the IT industry in Japan. Total returns to shareholders of 9.4% over the past three years.
Reported Earnings • Mar 31Full year 2022 earnings released: EPS: JP¥218 (vs JP¥183 in FY 2021)Full year 2022 results: EPS: JP¥218 (up from JP¥183 in FY 2021). Revenue: JP¥53.5b (up 6.2% from FY 2021). Net income: JP¥2.35b (up 19% from FY 2021). Profit margin: 4.4% (up from 3.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.
Buying Opportunity • Mar 20Now 20% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be JP¥3,100, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 4.4%. For the next 3 years, revenue is forecast to grow by 9.4% per annum. Earnings is also forecast to grow by 7.9% per annum over the same time period.
Valuation Update With 7 Day Price Move • Feb 17Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥2,524, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 1.6% over the past three years.
Reported Earnings • Feb 12Full year 2022 earnings released: EPS: JP¥218 (vs JP¥183 in FY 2021)Full year 2022 results: EPS: JP¥218 (up from JP¥183 in FY 2021). Revenue: JP¥53.5b (up 6.2% from FY 2021). Net income: JP¥2.35b (up 19% from FY 2021). Profit margin: 4.4% (up from 3.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
공시 • Feb 12Densan System Holdings Co., Ltd., Annual General Meeting, Mar 24, 2023Densan System Holdings Co., Ltd., Annual General Meeting, Mar 24, 2023.
Buying Opportunity • Feb 10Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be JP¥2,694, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 3.7%.
공시 • Jan 18Densan System Holdings Co., Ltd. to Report Fiscal Year 2022 Results on Feb 10, 2023Densan System Holdings Co., Ltd. announced that they will report fiscal year 2022 results on Feb 10, 2023
Upcoming Dividend • Dec 22Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 28 March 2023. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (1.7%).
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: JP¥44.30 (vs JP¥32.44 in 3Q 2021)Third quarter 2022 results: EPS: JP¥44.30 (up from JP¥32.44 in 3Q 2021). Revenue: JP¥12.8b (up 9.2% from 3Q 2021). Net income: JP¥478.0m (up 37% from 3Q 2021). Profit margin: 3.7% (up from 3.0% in 3Q 2021). 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 6.6% growth forecast for the IT industry in Japan. 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 6% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 5 highly experienced directors. 2 independent directors (9 non-independent directors). Head of Business Affairs of Administration Division & Director Haruto Goto was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Nov 13+ 1 more updateDensan System Holdings Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Densan System Holdings Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the period, the company expected net sales of JPY 55,500 million, operating profit of JPY 3,270 million, profit attributable to owners of parent of JPY 2,247 million and basic earnings per share of JPY 208.35.
Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: JP¥44.30 (vs JP¥32.44 in 3Q 2021)Third quarter 2022 results: EPS: JP¥44.30 (up from JP¥32.44 in 3Q 2021). Revenue: JP¥12.8b (up 9.2% from 3Q 2021). Net income: JP¥478.0m (up 37% from 3Q 2021). Profit margin: 3.7% (up from 3.0% in 3Q 2021). 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 6.9% growth forecast for the IT industry in Japan. 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 12+ 2 more updatesDensan System Holdings Co., Ltd. Declares Dividend for the Second Quarter Ended on June 30, 2022, Payable on September 12, 2022Densan System Holdings Co., Ltd. declared dividend of JPY 17.00 per for the 2nd quarter-end on June 30, 2022. Scheduled date to commence dividend payments on September 12, 2022.
Reported Earnings • Aug 12Second quarter 2022 earnings released: EPS: JP¥31.98 (vs JP¥32.60 in 2Q 2021)Second quarter 2022 results: EPS: JP¥31.98 (down from JP¥32.60 in 2Q 2021). Revenue: JP¥13.3b (up 15% from 2Q 2021). Net income: JP¥345.0m (down 1.9% from 2Q 2021). Profit margin: 2.6% (down from 3.0% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 6.6%, compared to a 11% growth forecast for the industry in Japan. 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 6% per year, which means it is significantly lagging earnings.
공시 • Jun 23Densan System Holdings Co., Ltd. to Report Q2, 2022 Results on Aug 10, 2022Densan System Holdings Co., Ltd. announced that they will report Q2, 2022 results on Aug 10, 2022
Upcoming Dividend • Jun 22Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 01 September 2022. Payout ratio is a comfortable 8.2% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (1.7%).
공시 • May 13+ 2 more updatesDensan System Co., Ltd. Provides Dividend Guidance for the Half Year of Fiscal Year Ending December 31, 2022Densan System Co., Ltd. provided dividend guidance for the half year of fiscal year ending December 31, 2022. For the half year, the company expects interim dividend of JPY 17.00 per share against JPY 00 per share paid a year ago.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 6 highly experienced directors. 2 independent directors (9 non-independent directors). Head of Business Affairs of Administration Division & Director Haruto Goto was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Apr 07Densan System Holdings Co., Ltd. to Report Q1, 2022 Results on May 11, 2022Densan System Holdings Co., Ltd. announced that they will report Q1, 2022 results on May 11, 2022
공시 • Feb 12Densan System Holdings Co., Ltd., Annual General Meeting, Mar 25, 2022Densan System Holdings Co., Ltd., Annual General Meeting, Mar 25, 2022.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 26 March 2022. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (1.3%).
Reported Earnings • Aug 04Second quarter 2021 earnings released: EPS JP¥32.60 (vs JP¥31.89 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: JP¥11.6b (up 8.3% from 2Q 2020). Net income: JP¥351.6m (up 13% from 2Q 2020). Profit margin: 3.0% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.