Base (4481) 주식 개요Base 주식회사는 자회사와 함께 일본에서 컴퓨터 소프트웨어 개발 및 관련 업무를 수행하고 있습니다. 자세히 보기4481 펀더멘털 분석스노우플레이크 점수가치 평가5/6미래 성장3/6과거 실적3/6재무 건전성6/6배당4/6강점공정 가치 추정치보다 낮은 34.8% 에서 거래수익은 매년 10.27% 증가할 것으로 예상됩니다.지난 5년 동안 수입이 매년 17.6% 증가했습니다.동종업계 및 업계 대비 좋은 가치로 거래위험 분석불안정한 배당 실적모든 위험 점검 보기4481 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Top Community NarrativesBaseKAkapireyCommunity ContributorGoals for 2025 Profit attributable to owners of parent 11.5%How does Base make money? Base offers software implementation and generation services, they are specialized in SAP.View narrativeJP¥3.78kFV19.3% 저평가 내재 할인율12.00%Revenue growth p.a.Set Fair ValueView44users have viewed this narrative0users have liked this narrative0users have commented on this narrative2users have followed this narrativeabout 1 year ago author updated this narrativeTop Community NarrativesBaseKAkapireyCommunity ContributorGoals for 2025 Profit attributable to owners of parent 11.5%How does Base make money? Base offers software implementation and generation services, they are specialized in SAP.View narrativeJP¥3.78kFV19.3% 저평가 내재 할인율12.00%Revenue growth p.a.Set Fair ValueView44users have viewed this narrative0users have liked this narrative0users have commented on this narrative2users have followed this narrativeabout 1 year ago author updated this narrativeView all narrativesBase Co., Ltd. 경쟁사JFE SystemsSymbol: TSE:4832Market cap: JP¥59.8bBusiness EngineeringSymbol: TSE:4828Market cap: JP¥66.1bJBCC HoldingsSymbol: TSE:9889Market cap: JP¥71.8bComtureSymbol: TSE:3844Market cap: JP¥43.3b가격 이력 및 성과Base 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가JP¥3,050.0052주 최고가JP¥3,820.0052주 최저가JP¥2,951.00베타0.461개월 변동-5.43%3개월 변동-5.28%1년 변동-10.82%3년 변동-45.73%5년 변동11.31%IPO 이후 변동142.38%최근 뉴스 및 업데이트Reported Earnings • May 20First quarter 2026 earnings released: EPS: JP¥55.57 (vs JP¥59.70 in 1Q 2025)First quarter 2026 results: EPS: JP¥55.57 (down from JP¥59.70 in 1Q 2025). Revenue: JP¥5.47b (down 1.6% from 1Q 2025). Net income: JP¥1.01b (down 8.6% from 1Q 2025). Profit margin: 18% (down from 20% in 1Q 2025). Revenue is forecast to grow 10% 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 13% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.Declared Dividend • Apr 11Final dividend of JP¥93.00 announcedShareholders will receive a dividend of JP¥93.00. Ex-date: 29th June 2026 Payment date: 7th September 2026 Dividend yield will be 4.6%, 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 (51% cash payout ratio). The dividend has increased by an average of 32% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to grow by 31% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 16Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: JP¥229 (up from JP¥207 in FY 2024). Revenue: JP¥21.8b (up 7.7% from FY 2024). Net income: JP¥4.22b (up 9.0% from FY 2024). Profit margin: 19% (in line with FY 2024). Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) exceeded analyst estimates by 3.3%. Revenue is forecast to grow 11% 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 15% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.공시 • Feb 14+ 2 more updatesBase Co., Ltd. Announces Cash Dividend for the Fiscal Year Ended December 31, 2025, Payable on March 9, 2026; Provides Dividend Guidance for the Second Quarter and Full Year of Fiscal Year Ending December 31, 2026Base Co., Ltd. announced cash dividend for the fiscal year ended December 31, 2025 of JPY 60.00 per share compared to JPY 52.00 per share paid a year ago. Scheduled date to commence dividend payments is March 9, 2026. For the second quarter of fiscal year ending December 31, 2026, the company expects to pay dividend of JPY 63.00 per share. For the full year of fiscal year ending December 31, 2026, the company expects to pay dividend of JPY 63.00 per share as compared to JPY 60.00 per share paid a year ago.공시 • Feb 13Base Co., Ltd., Annual General Meeting, Mar 27, 2026Base Co., Ltd., Annual General Meeting, Mar 27, 2026.Buy Or Sell Opportunity • Jan 20Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.9% to JP¥3,295. The fair value is estimated to be JP¥4,139, 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 16%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 10% in the next 2 years.더 많은 업데이트 보기Recent updatesReported Earnings • May 20First quarter 2026 earnings released: EPS: JP¥55.57 (vs JP¥59.70 in 1Q 2025)First quarter 2026 results: EPS: JP¥55.57 (down from JP¥59.70 in 1Q 2025). Revenue: JP¥5.47b (down 1.6% from 1Q 2025). Net income: JP¥1.01b (down 8.6% from 1Q 2025). Profit margin: 18% (down from 20% in 1Q 2025). Revenue is forecast to grow 10% 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 13% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.Declared Dividend • Apr 11Final dividend of JP¥93.00 announcedShareholders will receive a dividend of JP¥93.00. Ex-date: 29th June 2026 Payment date: 7th September 2026 Dividend yield will be 4.6%, 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 (51% cash payout ratio). The dividend has increased by an average of 32% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to grow by 31% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 16Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: JP¥229 (up from JP¥207 in FY 2024). Revenue: JP¥21.8b (up 7.7% from FY 2024). Net income: JP¥4.22b (up 9.0% from FY 2024). Profit margin: 19% (in line with FY 2024). Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) exceeded analyst estimates by 3.3%. Revenue is forecast to grow 11% 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 15% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.공시 • Feb 14+ 2 more updatesBase Co., Ltd. Announces Cash Dividend for the Fiscal Year Ended December 31, 2025, Payable on March 9, 2026; Provides Dividend Guidance for the Second Quarter and Full Year of Fiscal Year Ending December 31, 2026Base Co., Ltd. announced cash dividend for the fiscal year ended December 31, 2025 of JPY 60.00 per share compared to JPY 52.00 per share paid a year ago. Scheduled date to commence dividend payments is March 9, 2026. For the second quarter of fiscal year ending December 31, 2026, the company expects to pay dividend of JPY 63.00 per share. For the full year of fiscal year ending December 31, 2026, the company expects to pay dividend of JPY 63.00 per share as compared to JPY 60.00 per share paid a year ago.공시 • Feb 13Base Co., Ltd., Annual General Meeting, Mar 27, 2026Base Co., Ltd., Annual General Meeting, Mar 27, 2026.Buy Or Sell Opportunity • Jan 20Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.9% to JP¥3,295. The fair value is estimated to be JP¥4,139, 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 16%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 10% in the next 2 years.Upcoming Dividend • Dec 22Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 10 March 2026. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%).공시 • Dec 05+ 3 more updatesBase Co., Ltd. to Report Q1, 2026 Results on May 15, 2026Base Co., Ltd. announced that they will report Q1, 2026 results on May 15, 2026Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: JP¥56.53 (vs JP¥51.54 in 3Q 2024)Third quarter 2025 results: EPS: JP¥56.53 (up from JP¥51.54 in 3Q 2024). Revenue: JP¥5.46b (up 7.7% from 3Q 2024). Net income: JP¥1.04b (up 8.1% from 3Q 2024). Profit margin: 19% (in line with 3Q 2024). Revenue is forecast to grow 12% 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 increased by 16% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.분석 기사 • Oct 08Base (TSE:4481) Has Announced That It Will Be Increasing Its Dividend To ¥60.00Base Co., Ltd.'s ( TSE:4481 ) dividend will be increasing from last year's payment of the same period to ¥60.00 on 10th...분석 기사 • Sep 24Base (TSE:4481) Is Increasing Its Dividend To ¥60.00The board of Base Co., Ltd. ( TSE:4481 ) has announced that it will be paying its dividend of ¥60.00 on the 10th of...분석 기사 • Sep 07Base (TSE:4481) Is Paying Out A Larger Dividend Than Last YearBase Co., Ltd. ( TSE:4481 ) will increase its dividend from last year's comparable payment on the 10th of March to...Declared Dividend • Sep 06First half dividend of JP¥60.00 announcedShareholders will receive a dividend of JP¥60.00. Ex-date: 29th December 2025 Payment date: 10th March 2026 Dividend yield will be 3.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (47% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 31% per year over the past 6 years. However, payments have been volatile 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.Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: JP¥50.83 (vs JP¥41.17 in 2Q 2024)Second quarter 2025 results: EPS: JP¥50.83 (up from JP¥41.17 in 2Q 2024). Revenue: JP¥5.45b (up 12% from 2Q 2024). Net income: JP¥939.2m (up 22% from 2Q 2024). Profit margin: 17% (up from 16% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% 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 increased by 16% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.분석 기사 • Jun 19Base (TSE:4481) Will Pay A Larger Dividend Than Last Year At ¥57.00The board of Base Co., Ltd. ( TSE:4481 ) has announced that it will be paying its dividend of ¥57.00 on the 8th of...분석 기사 • May 22Base (TSE:4481) Has Announced That It Will Be Increasing Its Dividend To ¥57.00Base Co., Ltd. ( TSE:4481 ) has announced that it will be increasing its dividend from last year's comparable payment...Reported Earnings • May 20First quarter 2025 earnings released: EPS: JP¥59.66 (vs JP¥47.04 in 1Q 2024)First quarter 2025 results: EPS: JP¥59.66 (up from JP¥47.04 in 1Q 2024). Revenue: JP¥5.56b (up 16% from 1Q 2024). Net income: JP¥1.10b (up 25% from 1Q 2024). Profit margin: 20% (up from 18% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% 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 increased by 17% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.분석 기사 • Apr 11Base (TSE:4481) Will Pay A Larger Dividend Than Last Year At ¥57.00Base Co., Ltd. ( TSE:4481 ) will increase its dividend from last year's comparable payment on the 8th of September to...Declared Dividend • Apr 11Final dividend of JP¥57.00 announcedShareholders will receive a dividend of JP¥57.00. Ex-date: 27th June 2025 Payment date: 8th September 2025 Dividend yield will be 3.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 38% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to grow by 35% 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¥2,505, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 17x in the IT industry in Japan. Total loss to shareholders of 14% over the past three years.Reported Earnings • Apr 05Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥207 (up from JP¥188 in FY 2023). Revenue: JP¥20.2b (up 8.1% from FY 2023). Net income: JP¥3.87b (up 13% from FY 2023). Profit margin: 19% (in line with FY 2023). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 8.0%. Revenue is forecast to grow 12% 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 increased by 18% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.분석 기사 • Apr 05Base Co., Ltd.'s (TSE:4481) Popularity With Investors Is ClearIt's not a stretch to say that Base Co., Ltd.'s ( TSE:4481 ) price-to-earnings (or "P/E") ratio of 13.1x right now...Board Change • Apr 01Insufficient 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. 3 highly experienced directors. Independent Outside Director Hideki Kiwaki was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.새로운 내러티브 • Mar 30Goals for 2025 Profit attributable to owners of parent 11.5%How does Base make money?Base offers software implementation and generation services, they are specialized in SAP.Where does Base make money?In the 2024 financial year, practically all the business inReported Earnings • Feb 16Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥207 (up from JP¥188 in FY 2023). Revenue: JP¥20.2b (up 8.1% from FY 2023). Net income: JP¥3.87b (up 13% from FY 2023). Profit margin: 19% (in line with FY 2023). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 8.0%. Revenue is forecast to grow 12% 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 18% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.공시 • Feb 14Base Co., Ltd., Annual General Meeting, Mar 28, 2025Base Co., Ltd., Annual General Meeting, Mar 28, 2025.New Risk • Jan 24New 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 5.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.1% average weekly change).공시 • Jan 03+ 3 more updatesBase Co., Ltd. to Report Q3, 2025 Results on Nov 14, 2025Base Co., Ltd. announced that they will report Q3, 2025 results on Nov 14, 2025Upcoming Dividend • Dec 20Upcoming dividend of JP¥52.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 11 March 2025. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%).Reported Earnings • Nov 21Third quarter 2024 earnings released: EPS: JP¥51.54 (vs JP¥45.24 in 3Q 2023)Third quarter 2024 results: EPS: JP¥51.54 (up from JP¥45.24 in 3Q 2023). Revenue: JP¥5.07b (up 9.6% from 3Q 2023). Net income: JP¥964.7m (up 16% from 3Q 2023). Profit margin: 19% (up from 18% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% 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 increased by 20% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.New Risk • Sep 17New 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 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.3% average weekly change). Shareholders have been diluted in the past year (2.5% increase in shares outstanding).분석 기사 • Sep 02Base Co., Ltd.'s (TSE:4481) 26% Share Price Surge Not Quite Adding UpBase Co., Ltd. ( TSE:4481 ) shares have had a really impressive month, gaining 26% after a shaky period beforehand...Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥3,150, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 18x in the IT industry in Japan. Total returns to shareholders of 49% over the past three years.Reported Earnings • Aug 20Second quarter 2024 earnings released: EPS: JP¥41.19 (vs JP¥37.83 in 2Q 2023)Second quarter 2024 results: EPS: JP¥41.19 (up from JP¥37.83 in 2Q 2023). Revenue: JP¥4.87b (up 9.2% from 2Q 2023). Net income: JP¥773.5m (up 12% from 2Q 2023). Profit margin: 16% (in line with 2Q 2023). Revenue is forecast to grow 12% 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 21% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Declared Dividend • Aug 16Dividend of JP¥52.00 announcedShareholders will receive a dividend of JP¥52.00. Ex-date: 27th December 2024 Payment date: 11th March 2025 Dividend yield will be 3.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (49% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has increased by an average of 34% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to grow by 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover.New Risk • Aug 15New 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 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.3% average weekly change). Shareholders have been diluted in the past year (2.5% increase in shares outstanding).공시 • Aug 15Base Co., Ltd. Announces Dividend for the Second Quarter End of Fiscal Year Ending December 31, 2024, Payable on September 6, 2024Base Co., Ltd. announced that the company to pay a dividend of JPY 50.00 per share for the second quarter end of fiscal year ending December 31, 2024 as compared to JPY 40.00 per share paid a year ago. Scheduled date to commence dividend payments: September 6, 2024.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥2,269, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 17x in the IT industry in Japan. Total returns to shareholders of 6.3% over the past three years.분석 기사 • Jun 14Base (TSE:4481) Will Pay A Dividend Of ¥50.00The board of Base Co., Ltd. ( TSE:4481 ) has announced that it will pay a dividend of ¥50.00 per share on the 9th of...Major Estimate Revision • Jun 04Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥21.8b to JP¥20.2b. EPS estimate also fell from JP¥208 per share to JP¥187 per share. Net income forecast to grow 4.4% next year vs 14% growth forecast for IT industry in Japan. Consensus price target down from JP¥5,400 to JP¥4,300. Share price was steady at JP¥2,901 over the past week.분석 기사 • May 31Base (TSE:4481) Will Pay A Dividend Of ¥50.00The board of Base Co., Ltd. ( TSE:4481 ) has announced that it will pay a dividend on the 9th of September, with...Reported Earnings • May 20First quarter 2024 earnings released: EPS: JP¥47.04 (vs JP¥45.77 in 1Q 2023)First quarter 2024 results: EPS: JP¥47.04 (up from JP¥45.77 in 1Q 2023). Revenue: JP¥4.79b (up 1.9% from 1Q 2023). Net income: JP¥883.0m (up 6.1% from 1Q 2023). Profit margin: 18% (in line with 1Q 2023). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.공시 • May 17+ 1 more updateBase Co., Ltd. Provides Year-End Cash Dividend Guidance for the Fiscal Year Ending December 31, 2024Base Co., Ltd. expects to pay year-end cash dividend of JPY 52.00 per share for the fiscal year ending December 31, 2024 compared to JPY 52.00 per share a year ago.분석 기사 • Apr 11Base (TSE:4481) Will Pay A Dividend Of ¥50.00The board of Base Co., Ltd. ( TSE:4481 ) has announced that it will pay a dividend on the 9th of September, with...Declared Dividend • Apr 11Final dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 27th June 2024 Payment date: 9th September 2024 Dividend yield will be 2.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (34% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has increased by an average of 39% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 54% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 16Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥188 (up from JP¥151 in FY 2022). Revenue: JP¥18.7b (up 9.8% from FY 2022). Net income: JP¥3.43b (up 26% from FY 2022). Profit margin: 18% (up from 16% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.9%. Revenue is forecast to grow 15% p.a. on average during the next 2 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 increased by 22% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.공시 • Feb 15Base Co., Ltd., Annual General Meeting, Mar 28, 2024Base Co., Ltd., Annual General Meeting, Mar 28, 2024.New Risk • Dec 22New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change). Shareholders have been diluted in the past year (2.6% increase in shares outstanding).Upcoming Dividend • Dec 21Upcoming dividend of JP¥48.00 per share at 2.5% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 13 March 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.5%).Price Target Changed • Dec 20Price target decreased by 10.0% to JP¥5,400Down from JP¥6,000, the current price target is provided by 1 analyst. New target price is 54% above last closing price of JP¥3,505. Stock is up 2.8% over the past year. The company is forecast to post earnings per share of JP¥177 for next year compared to JP¥151 last year.공시 • Dec 05+ 3 more updatesBase Co., Ltd. to Report Q1, 2024 Results on May 15, 2024Base Co., Ltd. announced that they will report Q1, 2024 results on May 15, 2024Reported Earnings • Nov 18Third quarter 2023 earnings released: EPS: JP¥45.24 (vs JP¥41.44 in 3Q 2022)Third quarter 2023 results: EPS: JP¥45.24 (up from JP¥41.44 in 3Q 2022). Revenue: JP¥4.62b (up 2.9% from 3Q 2022). Net income: JP¥829.0m (up 10% from 3Q 2022). Profit margin: 18% (up from 17% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% 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 21% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.공시 • Nov 17Base Co., Ltd. Provides Dividend Guidance for Fiscal Year Ending December 31, 2023Base Co., Ltd. provided dividend guidance for fiscal year ending December 31, 2023. For the period, company expects to pay JPY 48.00 per share as compared to previous period JPY 56.Valuation Update With 7 Day Price Move • Nov 16Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥3,670, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 18x in the IT industry in Japan. Total returns to shareholders of 30% over the past three years.Valuation Update With 7 Day Price Move • Aug 21Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥4,210, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the IT industry in Japan. Total returns to shareholders of 67% over the past three years.New Risk • Aug 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.3% average weekly change).Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: JP¥37.83 (vs JP¥35.62 in 2Q 2022)Second quarter 2023 results: EPS: JP¥37.83 (up from JP¥35.62 in 2Q 2022). Revenue: JP¥4.47b (up 8.3% from 2Q 2022). Net income: JP¥689.0m (up 7.5% from 2Q 2022). Profit margin: 15% (in line with 2Q 2022). Revenue is forecast to grow 17% 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 22% per year whereas the company’s share price has increased by 21% per year.Upcoming Dividend • Jun 22Upcoming dividend of JP¥40.00 per share at 1.5% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 11 September 2023. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (1.6%).공시 • May 17+ 2 more updatesBase Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2023 and Full Year Ending December 31, 2023Base Co., Ltd. provided consolidated earnings guidance for the Six months ending June 30, 2023 and full year ending December 31, 2023. For the period, the company expects net sales of JPY 9,434 million, operating profit of JPY 2,199 million, profit attributable to owners of parent JPY 1,505 million and basic earnings per share of JPY 82.81. For the year, the company expects net sales of JPY 19,640 million, operating profit of JPY 4,692 million, profit attributable to owners of parent JPY 3,213 million and basic earnings per share of JPY 176.79.Reported Earnings • Feb 19Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: JP¥151 (up from JP¥119 in FY 2021). Revenue: JP¥17.0b (up 28% from FY 2021). Net income: JP¥2.73b (up 28% from FY 2021). Profit margin: 16% (in line with FY 2021). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 2.2%. Revenue is forecast to grow 16% p.a. on average during the next 2 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 22% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.공시 • Feb 16+ 3 more updatesBASE CO., LTD., Annual General Meeting, Mar 30, 2023BASE CO., LTD., Annual General Meeting, Mar 30, 2023.공시 • Feb 15BASE CO., LTD. Provides Consolidated Financial Guidance for the Six Months Ending June 30, 2023 and Year Ending December 31, 2023BASE CO., LTD. provided consolidated financial guidance for the Six months ending June 30, 2023 and year ending December 31, 2023. For the six months, the company expects net sales to be JPY 9,434 million, operating profit to be JPY 2,199 million, profit attributable to owners of parent to be JPY 1,505 million and earnings per share to be JPY 82.81.For the year ending December 31, 2023, the company expects net sales to be JPY 19,640 million, operating profit to be JPY 4,692 million, profit attributable to owners of parent to be JPY 3,213 million and earnings per share to be JPY 176.79.Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥4,225, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 18x in the IT industry in Japan. Total returns to shareholders of 210% over the past three years.공시 • Dec 29BASE CO., LTD. to Report Fiscal Year 2022 Results on Feb 14, 2023BASE CO., LTD. announced that they will report fiscal year 2022 results on Feb 14, 2023Upcoming Dividend • Dec 22Upcoming dividend of JP¥49.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 14 March 2023. Payout ratio is a comfortable 8.5% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.7%).Reported Earnings • Nov 18Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: JP¥4.49b (up 35% from 3Q 2021). Net income: JP¥752.0m (up 48% from 3Q 2021). Profit margin: 17% (up from 15% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the IT industry in Japan.공시 • Nov 16+ 1 more updateBASE CO., LTD. Provides Consolidated Financial Guidance for the Year Ending December 31, 2022BASE CO., LTD. provided consolidated financial guidance for the year ending December 31, 2022. For the period, the company expects net sales to be JPY 15,000 million, operating profit to be JPY 3,602 million, profit attributable to owners of parent to be JPY 2,468 million and earnings per share to be JPY 137.47.Buying Opportunity • Nov 04Now 20% undervaluedOver the last 90 days, the stock is up 34%. The fair value is estimated to be JP¥5,137, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last year. Earnings per share has grown by 31%. Revenue is forecast to grow by 39% in 2 years. Earnings is forecast to grow by 39% in the next 2 years.공시 • Aug 16+ 1 more updateBASE CO., LTD. Announces Dividend for the Six Months Ended June 30, 2022, Payable on September 9, 2022; Provides Year-End Dividend Guidance for the Fiscal Year Ending December 31, 2022BASE CO., LTD. announced dividend of JPY 40.00 per share for the six months ended June 30, 2022 against JPY 30.00 per share paid for the same period a year ago. Scheduled date to commence dividend payments is September 9, 2022.The company provided year-end dividend guidance for the fiscal year ending December 31, 2022. For the year, the company expects to pay year-end dividend of JPY 45.00 per share against JPY 40.00 per share paid for the same period a year ago.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: JP¥71.24 (vs JP¥56.64 in 2Q 2021)Second quarter 2022 results: EPS: JP¥71.24 (up from JP¥56.64 in 2Q 2021). Revenue: JP¥4.12b (up 29% from 2Q 2021). Net income: JP¥641.0m (up 27% from 2Q 2021). Profit margin: 16% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 13%, compared to a 11% growth forecast for the IT industry in Japan.Upcoming Dividend • Jun 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 12 September 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.7%).Reported Earnings • May 16First quarter 2022 earnings released: EPS: JP¥71.17 (vs JP¥53.76 in 1Q 2021)First quarter 2022 results: EPS: JP¥71.17 (up from JP¥53.76 in 1Q 2021). Revenue: JP¥3.93b (up 27% from 1Q 2021). Net income: JP¥639.0m (up 33% from 1Q 2021). Profit margin: 16% (in line with 1Q 2021). Over the next year, revenue is forecast to grow 9.6%, compared to a 8.2% growth forecast for the industry in Japan.공시 • May 14+ 1 more updateBase Co., Ltd. Announces Dividend Guidance for the Full Year Ending December 2022BASE CO., LTD. announced dividend guidance of JPY 45 per share for the year ending December 2022.공시 • Feb 27+ 1 more updateBASE CO., LTD. to Report Q1, 2022 Results on May 13, 2022BASE CO., LTD. announced that they will report Q1, 2022 results on May 13, 2022Reported Earnings • Feb 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥237 (up from JP¥196 in FY 2020). Revenue: JP¥13.3b (up 7.2% from FY 2020). Net income: JP¥2.13b (up 22% from FY 2020). Profit margin: 16% (up from 14% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates.주주 수익률4481JP ITJP 시장7D-3.3%0.6%3.4%1Y-10.8%-7.5%43.2%전체 주주 수익률 보기수익률 대 산업: 4481은 지난 1년 동안 -7.5%의 수익을 기록한 JP IT 산업보다 저조한 성과를 냈습니다.수익률 대 시장: 4481은 지난 1년 동안 43.2%를 기록한 JP 시장보다 저조한 성과를 냈습니다.주가 변동성Is 4481's price volatile compared to industry and market?4481 volatility4481 Average Weekly Movement3.6%IT Industry Average Movement5.2%Market Average Movement5.0%10% most volatile stocks in JP Market9.7%10% least volatile stocks in JP Market2.5%안정적인 주가: 4481는 지난 3개월 동안 JP 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: 4481의 주간 변동성(4%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트19971,332Katsunari Nakayamawww.basenet.co.jpBase 주식회사는 자회사와 함께 일본에서 컴퓨터 소프트웨어 개발 및 관련 업무를 수행하고 있습니다. 이 회사는 시스템 통합, ERP 솔루션 및 ICT 솔루션 분야의 서비스를 제공합니다. Base 주식회사는 1997년에 설립되었으며 일본 도쿄에 본사를 두고 있습니다.더 보기Base Co., Ltd. 기초 지표 요약Base의 순이익과 매출은 시가총액과 어떻게 비교됩니까?4481 기초 통계시가총액JP¥55.32b순이익 (TTM)JP¥4.13b매출 (TTM)JP¥21.70b13.4x주가수익비율(P/E)2.5x주가매출비율(P/S)4481는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표4481 손익계산서 (TTM)매출JP¥21.70b매출원가JP¥14.74b총이익JP¥6.96b기타 비용JP¥2.83b순이익JP¥4.13b최근 보고된 실적Mar 31, 2026다음 실적 발표일Aug 14, 2026주당순이익(EPS)227.48총이익률32.07%순이익률19.02%부채/자본 비율0%4481의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당4.1%현재 배당 수익률52%배당 성향4481는 안정적으로 배당을 지급합니까?4481 배당 기록 및 벤치마크 보기다가오는 배당을 받으려면 언제까지 4481를 매수해야 하나요?Base 배당 일정배당락일Jun 29 2026배당 지급일Sep 07 2026배당락일까지 남은 일수33 days배당 지급일까지 남은 일수103 days4481는 안정적으로 배당을 지급합니까?4481 배당 기록 및 벤치마크 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/26 20:44종가2026/05/26 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 소스Base Co., Ltd.는 2명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Teruo IsozakiIchiyoshi Research Institute Inc.Nobumasa MorimotoMizuho Securities Co., Ltd.
Reported Earnings • May 20First quarter 2026 earnings released: EPS: JP¥55.57 (vs JP¥59.70 in 1Q 2025)First quarter 2026 results: EPS: JP¥55.57 (down from JP¥59.70 in 1Q 2025). Revenue: JP¥5.47b (down 1.6% from 1Q 2025). Net income: JP¥1.01b (down 8.6% from 1Q 2025). Profit margin: 18% (down from 20% in 1Q 2025). Revenue is forecast to grow 10% 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 13% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
Declared Dividend • Apr 11Final dividend of JP¥93.00 announcedShareholders will receive a dividend of JP¥93.00. Ex-date: 29th June 2026 Payment date: 7th September 2026 Dividend yield will be 4.6%, 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 (51% cash payout ratio). The dividend has increased by an average of 32% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to grow by 31% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 16Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: JP¥229 (up from JP¥207 in FY 2024). Revenue: JP¥21.8b (up 7.7% from FY 2024). Net income: JP¥4.22b (up 9.0% from FY 2024). Profit margin: 19% (in line with FY 2024). Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) exceeded analyst estimates by 3.3%. Revenue is forecast to grow 11% 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 15% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
공시 • Feb 14+ 2 more updatesBase Co., Ltd. Announces Cash Dividend for the Fiscal Year Ended December 31, 2025, Payable on March 9, 2026; Provides Dividend Guidance for the Second Quarter and Full Year of Fiscal Year Ending December 31, 2026Base Co., Ltd. announced cash dividend for the fiscal year ended December 31, 2025 of JPY 60.00 per share compared to JPY 52.00 per share paid a year ago. Scheduled date to commence dividend payments is March 9, 2026. For the second quarter of fiscal year ending December 31, 2026, the company expects to pay dividend of JPY 63.00 per share. For the full year of fiscal year ending December 31, 2026, the company expects to pay dividend of JPY 63.00 per share as compared to JPY 60.00 per share paid a year ago.
공시 • Feb 13Base Co., Ltd., Annual General Meeting, Mar 27, 2026Base Co., Ltd., Annual General Meeting, Mar 27, 2026.
Buy Or Sell Opportunity • Jan 20Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.9% to JP¥3,295. The fair value is estimated to be JP¥4,139, 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 16%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 10% in the next 2 years.
Reported Earnings • May 20First quarter 2026 earnings released: EPS: JP¥55.57 (vs JP¥59.70 in 1Q 2025)First quarter 2026 results: EPS: JP¥55.57 (down from JP¥59.70 in 1Q 2025). Revenue: JP¥5.47b (down 1.6% from 1Q 2025). Net income: JP¥1.01b (down 8.6% from 1Q 2025). Profit margin: 18% (down from 20% in 1Q 2025). Revenue is forecast to grow 10% 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 13% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
Declared Dividend • Apr 11Final dividend of JP¥93.00 announcedShareholders will receive a dividend of JP¥93.00. Ex-date: 29th June 2026 Payment date: 7th September 2026 Dividend yield will be 4.6%, 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 (51% cash payout ratio). The dividend has increased by an average of 32% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to grow by 31% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 16Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: JP¥229 (up from JP¥207 in FY 2024). Revenue: JP¥21.8b (up 7.7% from FY 2024). Net income: JP¥4.22b (up 9.0% from FY 2024). Profit margin: 19% (in line with FY 2024). Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) exceeded analyst estimates by 3.3%. Revenue is forecast to grow 11% 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 15% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
공시 • Feb 14+ 2 more updatesBase Co., Ltd. Announces Cash Dividend for the Fiscal Year Ended December 31, 2025, Payable on March 9, 2026; Provides Dividend Guidance for the Second Quarter and Full Year of Fiscal Year Ending December 31, 2026Base Co., Ltd. announced cash dividend for the fiscal year ended December 31, 2025 of JPY 60.00 per share compared to JPY 52.00 per share paid a year ago. Scheduled date to commence dividend payments is March 9, 2026. For the second quarter of fiscal year ending December 31, 2026, the company expects to pay dividend of JPY 63.00 per share. For the full year of fiscal year ending December 31, 2026, the company expects to pay dividend of JPY 63.00 per share as compared to JPY 60.00 per share paid a year ago.
공시 • Feb 13Base Co., Ltd., Annual General Meeting, Mar 27, 2026Base Co., Ltd., Annual General Meeting, Mar 27, 2026.
Buy Or Sell Opportunity • Jan 20Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.9% to JP¥3,295. The fair value is estimated to be JP¥4,139, 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 16%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 10% in the next 2 years.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 10 March 2026. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%).
공시 • Dec 05+ 3 more updatesBase Co., Ltd. to Report Q1, 2026 Results on May 15, 2026Base Co., Ltd. announced that they will report Q1, 2026 results on May 15, 2026
Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: JP¥56.53 (vs JP¥51.54 in 3Q 2024)Third quarter 2025 results: EPS: JP¥56.53 (up from JP¥51.54 in 3Q 2024). Revenue: JP¥5.46b (up 7.7% from 3Q 2024). Net income: JP¥1.04b (up 8.1% from 3Q 2024). Profit margin: 19% (in line with 3Q 2024). Revenue is forecast to grow 12% 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 increased by 16% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
분석 기사 • Oct 08Base (TSE:4481) Has Announced That It Will Be Increasing Its Dividend To ¥60.00Base Co., Ltd.'s ( TSE:4481 ) dividend will be increasing from last year's payment of the same period to ¥60.00 on 10th...
분석 기사 • Sep 24Base (TSE:4481) Is Increasing Its Dividend To ¥60.00The board of Base Co., Ltd. ( TSE:4481 ) has announced that it will be paying its dividend of ¥60.00 on the 10th of...
분석 기사 • Sep 07Base (TSE:4481) Is Paying Out A Larger Dividend Than Last YearBase Co., Ltd. ( TSE:4481 ) will increase its dividend from last year's comparable payment on the 10th of March to...
Declared Dividend • Sep 06First half dividend of JP¥60.00 announcedShareholders will receive a dividend of JP¥60.00. Ex-date: 29th December 2025 Payment date: 10th March 2026 Dividend yield will be 3.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (47% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 31% per year over the past 6 years. However, payments have been volatile 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.
Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: JP¥50.83 (vs JP¥41.17 in 2Q 2024)Second quarter 2025 results: EPS: JP¥50.83 (up from JP¥41.17 in 2Q 2024). Revenue: JP¥5.45b (up 12% from 2Q 2024). Net income: JP¥939.2m (up 22% from 2Q 2024). Profit margin: 17% (up from 16% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% 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 increased by 16% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
분석 기사 • Jun 19Base (TSE:4481) Will Pay A Larger Dividend Than Last Year At ¥57.00The board of Base Co., Ltd. ( TSE:4481 ) has announced that it will be paying its dividend of ¥57.00 on the 8th of...
분석 기사 • May 22Base (TSE:4481) Has Announced That It Will Be Increasing Its Dividend To ¥57.00Base Co., Ltd. ( TSE:4481 ) has announced that it will be increasing its dividend from last year's comparable payment...
Reported Earnings • May 20First quarter 2025 earnings released: EPS: JP¥59.66 (vs JP¥47.04 in 1Q 2024)First quarter 2025 results: EPS: JP¥59.66 (up from JP¥47.04 in 1Q 2024). Revenue: JP¥5.56b (up 16% from 1Q 2024). Net income: JP¥1.10b (up 25% from 1Q 2024). Profit margin: 20% (up from 18% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% 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 increased by 17% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
분석 기사 • Apr 11Base (TSE:4481) Will Pay A Larger Dividend Than Last Year At ¥57.00Base Co., Ltd. ( TSE:4481 ) will increase its dividend from last year's comparable payment on the 8th of September to...
Declared Dividend • Apr 11Final dividend of JP¥57.00 announcedShareholders will receive a dividend of JP¥57.00. Ex-date: 27th June 2025 Payment date: 8th September 2025 Dividend yield will be 3.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 38% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to grow by 35% 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¥2,505, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 17x in the IT industry in Japan. Total loss to shareholders of 14% over the past three years.
Reported Earnings • Apr 05Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥207 (up from JP¥188 in FY 2023). Revenue: JP¥20.2b (up 8.1% from FY 2023). Net income: JP¥3.87b (up 13% from FY 2023). Profit margin: 19% (in line with FY 2023). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 8.0%. Revenue is forecast to grow 12% 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 increased by 18% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
분석 기사 • Apr 05Base Co., Ltd.'s (TSE:4481) Popularity With Investors Is ClearIt's not a stretch to say that Base Co., Ltd.'s ( TSE:4481 ) price-to-earnings (or "P/E") ratio of 13.1x right now...
Board Change • Apr 01Insufficient 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. 3 highly experienced directors. Independent Outside Director Hideki Kiwaki was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
새로운 내러티브 • Mar 30Goals for 2025 Profit attributable to owners of parent 11.5%How does Base make money?Base offers software implementation and generation services, they are specialized in SAP.Where does Base make money?In the 2024 financial year, practically all the business in
Reported Earnings • Feb 16Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥207 (up from JP¥188 in FY 2023). Revenue: JP¥20.2b (up 8.1% from FY 2023). Net income: JP¥3.87b (up 13% from FY 2023). Profit margin: 19% (in line with FY 2023). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 8.0%. Revenue is forecast to grow 12% 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 18% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
공시 • Feb 14Base Co., Ltd., Annual General Meeting, Mar 28, 2025Base Co., Ltd., Annual General Meeting, Mar 28, 2025.
New Risk • Jan 24New 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 5.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.1% average weekly change).
공시 • Jan 03+ 3 more updatesBase Co., Ltd. to Report Q3, 2025 Results on Nov 14, 2025Base Co., Ltd. announced that they will report Q3, 2025 results on Nov 14, 2025
Upcoming Dividend • Dec 20Upcoming dividend of JP¥52.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 11 March 2025. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%).
Reported Earnings • Nov 21Third quarter 2024 earnings released: EPS: JP¥51.54 (vs JP¥45.24 in 3Q 2023)Third quarter 2024 results: EPS: JP¥51.54 (up from JP¥45.24 in 3Q 2023). Revenue: JP¥5.07b (up 9.6% from 3Q 2023). Net income: JP¥964.7m (up 16% from 3Q 2023). Profit margin: 19% (up from 18% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% 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 increased by 20% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
New Risk • Sep 17New 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 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.3% average weekly change). Shareholders have been diluted in the past year (2.5% increase in shares outstanding).
분석 기사 • Sep 02Base Co., Ltd.'s (TSE:4481) 26% Share Price Surge Not Quite Adding UpBase Co., Ltd. ( TSE:4481 ) shares have had a really impressive month, gaining 26% after a shaky period beforehand...
Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥3,150, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 18x in the IT industry in Japan. Total returns to shareholders of 49% over the past three years.
Reported Earnings • Aug 20Second quarter 2024 earnings released: EPS: JP¥41.19 (vs JP¥37.83 in 2Q 2023)Second quarter 2024 results: EPS: JP¥41.19 (up from JP¥37.83 in 2Q 2023). Revenue: JP¥4.87b (up 9.2% from 2Q 2023). Net income: JP¥773.5m (up 12% from 2Q 2023). Profit margin: 16% (in line with 2Q 2023). Revenue is forecast to grow 12% 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 21% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Aug 16Dividend of JP¥52.00 announcedShareholders will receive a dividend of JP¥52.00. Ex-date: 27th December 2024 Payment date: 11th March 2025 Dividend yield will be 3.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (49% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has increased by an average of 34% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to grow by 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
New Risk • Aug 15New 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 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.3% average weekly change). Shareholders have been diluted in the past year (2.5% increase in shares outstanding).
공시 • Aug 15Base Co., Ltd. Announces Dividend for the Second Quarter End of Fiscal Year Ending December 31, 2024, Payable on September 6, 2024Base Co., Ltd. announced that the company to pay a dividend of JPY 50.00 per share for the second quarter end of fiscal year ending December 31, 2024 as compared to JPY 40.00 per share paid a year ago. Scheduled date to commence dividend payments: September 6, 2024.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥2,269, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 17x in the IT industry in Japan. Total returns to shareholders of 6.3% over the past three years.
분석 기사 • Jun 14Base (TSE:4481) Will Pay A Dividend Of ¥50.00The board of Base Co., Ltd. ( TSE:4481 ) has announced that it will pay a dividend of ¥50.00 per share on the 9th of...
Major Estimate Revision • Jun 04Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥21.8b to JP¥20.2b. EPS estimate also fell from JP¥208 per share to JP¥187 per share. Net income forecast to grow 4.4% next year vs 14% growth forecast for IT industry in Japan. Consensus price target down from JP¥5,400 to JP¥4,300. Share price was steady at JP¥2,901 over the past week.
분석 기사 • May 31Base (TSE:4481) Will Pay A Dividend Of ¥50.00The board of Base Co., Ltd. ( TSE:4481 ) has announced that it will pay a dividend on the 9th of September, with...
Reported Earnings • May 20First quarter 2024 earnings released: EPS: JP¥47.04 (vs JP¥45.77 in 1Q 2023)First quarter 2024 results: EPS: JP¥47.04 (up from JP¥45.77 in 1Q 2023). Revenue: JP¥4.79b (up 1.9% from 1Q 2023). Net income: JP¥883.0m (up 6.1% from 1Q 2023). Profit margin: 18% (in line with 1Q 2023). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
공시 • May 17+ 1 more updateBase Co., Ltd. Provides Year-End Cash Dividend Guidance for the Fiscal Year Ending December 31, 2024Base Co., Ltd. expects to pay year-end cash dividend of JPY 52.00 per share for the fiscal year ending December 31, 2024 compared to JPY 52.00 per share a year ago.
분석 기사 • Apr 11Base (TSE:4481) Will Pay A Dividend Of ¥50.00The board of Base Co., Ltd. ( TSE:4481 ) has announced that it will pay a dividend on the 9th of September, with...
Declared Dividend • Apr 11Final dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 27th June 2024 Payment date: 9th September 2024 Dividend yield will be 2.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (34% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has increased by an average of 39% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 54% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 16Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥188 (up from JP¥151 in FY 2022). Revenue: JP¥18.7b (up 9.8% from FY 2022). Net income: JP¥3.43b (up 26% from FY 2022). Profit margin: 18% (up from 16% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.9%. Revenue is forecast to grow 15% p.a. on average during the next 2 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 increased by 22% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
공시 • Feb 15Base Co., Ltd., Annual General Meeting, Mar 28, 2024Base Co., Ltd., Annual General Meeting, Mar 28, 2024.
New Risk • Dec 22New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change). Shareholders have been diluted in the past year (2.6% increase in shares outstanding).
Upcoming Dividend • Dec 21Upcoming dividend of JP¥48.00 per share at 2.5% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 13 March 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.5%).
Price Target Changed • Dec 20Price target decreased by 10.0% to JP¥5,400Down from JP¥6,000, the current price target is provided by 1 analyst. New target price is 54% above last closing price of JP¥3,505. Stock is up 2.8% over the past year. The company is forecast to post earnings per share of JP¥177 for next year compared to JP¥151 last year.
공시 • Dec 05+ 3 more updatesBase Co., Ltd. to Report Q1, 2024 Results on May 15, 2024Base Co., Ltd. announced that they will report Q1, 2024 results on May 15, 2024
Reported Earnings • Nov 18Third quarter 2023 earnings released: EPS: JP¥45.24 (vs JP¥41.44 in 3Q 2022)Third quarter 2023 results: EPS: JP¥45.24 (up from JP¥41.44 in 3Q 2022). Revenue: JP¥4.62b (up 2.9% from 3Q 2022). Net income: JP¥829.0m (up 10% from 3Q 2022). Profit margin: 18% (up from 17% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% 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 21% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
공시 • Nov 17Base Co., Ltd. Provides Dividend Guidance for Fiscal Year Ending December 31, 2023Base Co., Ltd. provided dividend guidance for fiscal year ending December 31, 2023. For the period, company expects to pay JPY 48.00 per share as compared to previous period JPY 56.
Valuation Update With 7 Day Price Move • Nov 16Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥3,670, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 18x in the IT industry in Japan. Total returns to shareholders of 30% over the past three years.
Valuation Update With 7 Day Price Move • Aug 21Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥4,210, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the IT industry in Japan. Total returns to shareholders of 67% over the past three years.
New Risk • Aug 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.3% average weekly change).
Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: JP¥37.83 (vs JP¥35.62 in 2Q 2022)Second quarter 2023 results: EPS: JP¥37.83 (up from JP¥35.62 in 2Q 2022). Revenue: JP¥4.47b (up 8.3% from 2Q 2022). Net income: JP¥689.0m (up 7.5% from 2Q 2022). Profit margin: 15% (in line with 2Q 2022). Revenue is forecast to grow 17% 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 22% per year whereas the company’s share price has increased by 21% per year.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥40.00 per share at 1.5% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 11 September 2023. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (1.6%).
공시 • May 17+ 2 more updatesBase Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2023 and Full Year Ending December 31, 2023Base Co., Ltd. provided consolidated earnings guidance for the Six months ending June 30, 2023 and full year ending December 31, 2023. For the period, the company expects net sales of JPY 9,434 million, operating profit of JPY 2,199 million, profit attributable to owners of parent JPY 1,505 million and basic earnings per share of JPY 82.81. For the year, the company expects net sales of JPY 19,640 million, operating profit of JPY 4,692 million, profit attributable to owners of parent JPY 3,213 million and basic earnings per share of JPY 176.79.
Reported Earnings • Feb 19Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: JP¥151 (up from JP¥119 in FY 2021). Revenue: JP¥17.0b (up 28% from FY 2021). Net income: JP¥2.73b (up 28% from FY 2021). Profit margin: 16% (in line with FY 2021). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 2.2%. Revenue is forecast to grow 16% p.a. on average during the next 2 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 22% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Feb 16+ 3 more updatesBASE CO., LTD., Annual General Meeting, Mar 30, 2023BASE CO., LTD., Annual General Meeting, Mar 30, 2023.
공시 • Feb 15BASE CO., LTD. Provides Consolidated Financial Guidance for the Six Months Ending June 30, 2023 and Year Ending December 31, 2023BASE CO., LTD. provided consolidated financial guidance for the Six months ending June 30, 2023 and year ending December 31, 2023. For the six months, the company expects net sales to be JPY 9,434 million, operating profit to be JPY 2,199 million, profit attributable to owners of parent to be JPY 1,505 million and earnings per share to be JPY 82.81.For the year ending December 31, 2023, the company expects net sales to be JPY 19,640 million, operating profit to be JPY 4,692 million, profit attributable to owners of parent to be JPY 3,213 million and earnings per share to be JPY 176.79.
Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥4,225, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 18x in the IT industry in Japan. Total returns to shareholders of 210% over the past three years.
공시 • Dec 29BASE CO., LTD. to Report Fiscal Year 2022 Results on Feb 14, 2023BASE CO., LTD. announced that they will report fiscal year 2022 results on Feb 14, 2023
Upcoming Dividend • Dec 22Upcoming dividend of JP¥49.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 14 March 2023. Payout ratio is a comfortable 8.5% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.7%).
Reported Earnings • Nov 18Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: JP¥4.49b (up 35% from 3Q 2021). Net income: JP¥752.0m (up 48% from 3Q 2021). Profit margin: 17% (up from 15% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the IT industry in Japan.
공시 • Nov 16+ 1 more updateBASE CO., LTD. Provides Consolidated Financial Guidance for the Year Ending December 31, 2022BASE CO., LTD. provided consolidated financial guidance for the year ending December 31, 2022. For the period, the company expects net sales to be JPY 15,000 million, operating profit to be JPY 3,602 million, profit attributable to owners of parent to be JPY 2,468 million and earnings per share to be JPY 137.47.
Buying Opportunity • Nov 04Now 20% undervaluedOver the last 90 days, the stock is up 34%. The fair value is estimated to be JP¥5,137, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last year. Earnings per share has grown by 31%. Revenue is forecast to grow by 39% in 2 years. Earnings is forecast to grow by 39% in the next 2 years.
공시 • Aug 16+ 1 more updateBASE CO., LTD. Announces Dividend for the Six Months Ended June 30, 2022, Payable on September 9, 2022; Provides Year-End Dividend Guidance for the Fiscal Year Ending December 31, 2022BASE CO., LTD. announced dividend of JPY 40.00 per share for the six months ended June 30, 2022 against JPY 30.00 per share paid for the same period a year ago. Scheduled date to commence dividend payments is September 9, 2022.The company provided year-end dividend guidance for the fiscal year ending December 31, 2022. For the year, the company expects to pay year-end dividend of JPY 45.00 per share against JPY 40.00 per share paid for the same period a year ago.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: JP¥71.24 (vs JP¥56.64 in 2Q 2021)Second quarter 2022 results: EPS: JP¥71.24 (up from JP¥56.64 in 2Q 2021). Revenue: JP¥4.12b (up 29% from 2Q 2021). Net income: JP¥641.0m (up 27% from 2Q 2021). Profit margin: 16% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 13%, compared to a 11% growth forecast for the IT industry in Japan.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 12 September 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.7%).
Reported Earnings • May 16First quarter 2022 earnings released: EPS: JP¥71.17 (vs JP¥53.76 in 1Q 2021)First quarter 2022 results: EPS: JP¥71.17 (up from JP¥53.76 in 1Q 2021). Revenue: JP¥3.93b (up 27% from 1Q 2021). Net income: JP¥639.0m (up 33% from 1Q 2021). Profit margin: 16% (in line with 1Q 2021). Over the next year, revenue is forecast to grow 9.6%, compared to a 8.2% growth forecast for the industry in Japan.
공시 • May 14+ 1 more updateBase Co., Ltd. Announces Dividend Guidance for the Full Year Ending December 2022BASE CO., LTD. announced dividend guidance of JPY 45 per share for the year ending December 2022.
공시 • Feb 27+ 1 more updateBASE CO., LTD. to Report Q1, 2022 Results on May 13, 2022BASE CO., LTD. announced that they will report Q1, 2022 results on May 13, 2022
Reported Earnings • Feb 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥237 (up from JP¥196 in FY 2020). Revenue: JP¥13.3b (up 7.2% from FY 2020). Net income: JP¥2.13b (up 22% from FY 2020). Profit margin: 16% (up from 14% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates.
