View Financial HealthFuture 배당 및 자사주 매입배당 기준 점검 5/6Future 수익으로 충분히 충당되는 현재 수익률 3.01% 보유한 배당금 지급 회사입니다. 다음 지급일은 16th September, 2026 이며 배당락일은 다음과 같습니다. 29th June, 2026.핵심 정보3.0%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률3.8%배당 성장률15.3%다음 배당 지급일16 Sep 26배당락일29 Jun 26주당 배당금n/a배당 성향34%최근 배당 및 자사주 매입 업데이트Declared Dividend • Apr 11Final dividend of JP¥24.00 announcedShareholders will receive a dividend of JP¥24.00. Ex-date: 29th June 2026 Payment date: 16th September 2026 Dividend yield will be 2.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (35% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 18% 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 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Dec 22Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 26 March 2026. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%).분석 기사 • Oct 01Future (TSE:4722) Is Due To Pay A Dividend Of ¥23.00The board of Future Corporation ( TSE:4722 ) has announced that it will pay a dividend of ¥23.00 per share on the 26th...분석 기사 • Sep 17Future (TSE:4722) Has Announced A Dividend Of ¥23.00The board of Future Corporation ( TSE:4722 ) has announced that it will pay a dividend on the 26th of March, with...Declared Dividend • Sep 17First half dividend of JP¥23.00 announcedShareholders will receive a dividend of JP¥23.00. Ex-date: 29th December 2025 Payment date: 26th March 2026 Dividend yield will be 2.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 19% 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 49% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Jun 20Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 17 September 2025. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.2%).모든 업데이트 보기Recent updatesReported Earnings • Apr 29First quarter 2026 earnings released: EPS: JP¥26.58 (vs JP¥22.53 in 1Q 2025)First quarter 2026 results: EPS: JP¥26.58 (up from JP¥22.53 in 1Q 2025). Revenue: JP¥18.3b (up 5.4% from 1Q 2025). Net income: JP¥2.36b (up 18% from 1Q 2025). Profit margin: 13% (up from 12% in 1Q 2025). 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 5.0% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.공시 • Apr 21Future Corporation to Report Q1, 2026 Results on Apr 28, 2026Future Corporation announced that they will report Q1, 2026 results on Apr 28, 2026Declared Dividend • Apr 11Final dividend of JP¥24.00 announcedShareholders will receive a dividend of JP¥24.00. Ex-date: 29th June 2026 Payment date: 16th September 2026 Dividend yield will be 2.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (35% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 18% 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 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 07Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥132 (up from JP¥116 in FY 2024). Revenue: JP¥76.0b (up 8.8% from FY 2024). Net income: JP¥11.7b (up 14% from FY 2024). Profit margin: 15% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.5%. Revenue is forecast to grow 12% 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 7% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.공시 • Feb 06Future Corporation, Annual General Meeting, Mar 26, 2026Future Corporation, Annual General Meeting, Mar 26, 2026.공시 • Jan 07Future Corporation to Report Fiscal Year 2025 Results on Feb 05, 2026Future Corporation announced that they will report fiscal year 2025 results on Feb 05, 2026Upcoming Dividend • Dec 22Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 26 March 2026. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%).분석 기사 • Dec 04Future (TSE:4722) Has A Pretty Healthy Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...분석 기사 • Nov 18Earnings Tell The Story For Future Corporation (TSE:4722)Future Corporation's ( TSE:4722 ) price-to-earnings (or "P/E") ratio of 17.8x might make it look like a sell right now...Reported Earnings • Oct 23Third quarter 2025 earnings released: EPS: JP¥37.73 (vs JP¥35.45 in 3Q 2024)Third quarter 2025 results: EPS: JP¥37.73 (up from JP¥35.45 in 3Q 2024). Revenue: JP¥19.6b (up 3.6% from 3Q 2024). Net income: JP¥3.35b (up 6.5% from 3Q 2024). Profit margin: 17% (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 5% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Oct 22Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.3% to JP¥2,150. The fair value is estimated to be JP¥2,718, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 6.1%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.Buy Or Sell Opportunity • Oct 02Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.5% to JP¥2,185. The fair value is estimated to be JP¥2,745, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 6.1%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.분석 기사 • Oct 01Future (TSE:4722) Is Due To Pay A Dividend Of ¥23.00The board of Future Corporation ( TSE:4722 ) has announced that it will pay a dividend of ¥23.00 per share on the 26th...공시 • Sep 27Future Corporation to Report Q3, 2025 Results on Oct 22, 2025Future Corporation announced that they will report Q3, 2025 results on Oct 22, 2025분석 기사 • Sep 17Future (TSE:4722) Has Announced A Dividend Of ¥23.00The board of Future Corporation ( TSE:4722 ) has announced that it will pay a dividend on the 26th of March, with...Declared Dividend • Sep 17First half dividend of JP¥23.00 announcedShareholders will receive a dividend of JP¥23.00. Ex-date: 29th December 2025 Payment date: 26th March 2026 Dividend yield will be 2.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 19% 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 49% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Sep 02Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at JP¥2,184. The fair value is estimated to be JP¥2,768, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 6.1%. Revenue is forecast to grow by 25% in 2 years. Earnings are forecast to grow by 42% in the next 2 years.Reported Earnings • Jul 25Second quarter 2025 earnings released: EPS: JP¥29.04 (vs JP¥30.19 in 2Q 2024)Second quarter 2025 results: EPS: JP¥29.04 (down from JP¥30.19 in 2Q 2024). Revenue: JP¥18.3b (up 2.2% from 2Q 2024). Net income: JP¥2.57b (down 3.8% from 2Q 2024). Profit margin: 14% (in line with 2Q 2024). Revenue is forecast to grow 11% p.a. on average during the next 3 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 6% per year whereas the company’s share price has increased by 11% per year.Price Target Changed • Jul 02Price target increased by 13% to JP¥2,767Up from JP¥2,450, the current price target is an average from 3 analysts. New target price is 19% above last closing price of JP¥2,319. Stock is up 51% over the past year. The company is forecast to post earnings per share of JP¥131 for next year compared to JP¥116 last year.Upcoming Dividend • Jun 20Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 17 September 2025. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.2%).분석 기사 • Jun 19Future (TSE:4722) Will Pay A Larger Dividend Than Last Year At ¥23.00Future Corporation's ( TSE:4722 ) dividend will be increasing from last year's payment of the same period to ¥23.00 on...공시 • Jun 19Future Corporation to Report Q2, 2025 Results on Jul 23, 2025Future Corporation announced that they will report Q2, 2025 results on Jul 23, 2025분석 기사 • Jun 16Do Future's (TSE:4722) Earnings Warrant Your Attention?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...분석 기사 • May 14Future (TSE:4722) Will Pay A Larger Dividend Than Last Year At ¥23.00Future Corporation ( TSE:4722 ) will increase its dividend from last year's comparable payment on the 17th of September...분석 기사 • May 13Future (TSE:4722) Hasn't Managed To Accelerate Its ReturnsTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...분석 기사 • Apr 30Future's (TSE:4722) Dividend Will Be Increased To ¥23.00Future Corporation's ( TSE:4722 ) dividend will be increasing from last year's payment of the same period to ¥23.00 on...Reported Earnings • Apr 24First quarter 2025 earnings released: EPS: JP¥22.53 (vs JP¥24.71 in 1Q 2024)First quarter 2025 results: EPS: JP¥22.53 (down from JP¥24.71 in 1Q 2024). Revenue: JP¥17.3b (up 15% from 1Q 2024). Net income: JP¥2.00b (down 8.8% from 1Q 2024). Profit margin: 12% (down from 15% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.6% 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 8% 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¥23.00 announcedShareholders will receive a dividend of JP¥23.00. Ex-date: 27th June 2025 Payment date: 17th September 2025 Dividend yield will be 2.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 19% 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 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover.분석 기사 • Apr 01Investors Holding Back On Future Corporation (TSE:4722)There wouldn't be many who think Future Corporation's ( TSE:4722 ) price-to-earnings (or "P/E") ratio of 14.8x is worth...공시 • Mar 20Future Corporation to Report Q1, 2025 Results on Apr 23, 2025Future Corporation announced that they will report Q1, 2025 results on Apr 23, 2025분석 기사 • Feb 20Here's Why We Think Future (TSE:4722) Might Deserve Your Attention TodayIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Reported Earnings • Feb 05Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: JP¥116 (up from JP¥104 in FY 2023). Revenue: JP¥69.9b (up 18% from FY 2023). Net income: JP¥10.3b (up 12% from FY 2023). Profit margin: 15% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 8.9% 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 increased by 11% per year whereas the company’s share price has increased by 10% per year.공시 • Feb 04Future Corporation, Annual General Meeting, Mar 25, 2025Future Corporation, Annual General Meeting, Mar 25, 2025.Upcoming Dividend • Dec 20Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 28 March 2025. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%).공시 • Dec 03Future Corporation to Report Fiscal Year 2024 Results on Feb 04, 2025Future Corporation announced that they will report fiscal year 2024 results on Feb 04, 2025분석 기사 • Nov 08Is There An Opportunity With Future Corporation's (TSE:4722) 35% Undervaluation?Key Insights The projected fair value for Future is JP¥3,220 based on 2 Stage Free Cash Flow to Equity Future's...Reported Earnings • Oct 24Third quarter 2024 earnings released: EPS: JP¥35.45 (vs JP¥31.61 in 3Q 2023)Third quarter 2024 results: EPS: JP¥35.45 (up from JP¥31.61 in 3Q 2023). Revenue: JP¥19.0b (up 19% from 3Q 2023). Net income: JP¥3.14b (up 12% from 3Q 2023). Profit margin: 17% (in line with 3Q 2023). Revenue is forecast to grow 11% 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 14% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.공시 • Oct 11Future Corporation to Report Q3, 2024 Results on Oct 23, 2024Future Corporation announced that they will report Q3, 2024 results on Oct 23, 2024분석 기사 • Sep 12Investors Appear Satisfied With Future Corporation's (TSE:4722) ProspectsWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") below 13x, you may consider Future...Reported Earnings • Jul 26Second quarter 2024 earnings released: EPS: JP¥30.19 (vs JP¥24.03 in 2Q 2023)Second quarter 2024 results: EPS: JP¥30.19 (up from JP¥24.03 in 2Q 2023). Revenue: JP¥17.9b (up 25% from 2Q 2023). Net income: JP¥2.68b (up 26% from 2Q 2023). Profit margin: 15% (in line with 2Q 2023). Revenue is forecast to grow 13% 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 19% per year whereas the company’s share price has increased by 21% per year.Declared Dividend • Jul 25Dividend of JP¥21.00 announcedShareholders will receive a dividend of JP¥21.00. Ex-date: 27th December 2024 Payment date: 28th March 2025 Dividend yield will be 2.5%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (38% earnings payout ratio) and cash flows (61% cash payout ratio). The dividend has increased by an average of 19% 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 • Jul 24Is There An Opportunity With Future Corporation's (TSE:4722) 31% Undervaluation?Key Insights Using the 2 Stage Free Cash Flow to Equity, Future fair value estimate is JP¥2,422 Future is estimated to...공시 • Jun 02Future Corporation to Report Q2, 2024 Results on Jul 23, 2024Future Corporation announced that they will report Q2, 2024 results on Jul 23, 2024Price Target Changed • May 28Price target decreased by 10% to JP¥2,175Down from JP¥2,425, the current price target is an average from 2 analysts. New target price is 46% above last closing price of JP¥1,492. Stock is down 15% over the past year. The company is forecast to post earnings per share of JP¥113 for next year compared to JP¥104 last year.Reported Earnings • Apr 25First quarter 2024 earnings released: EPS: JP¥24.71 (vs JP¥24.74 in 1Q 2023)First quarter 2024 results: EPS: JP¥24.71 (down from JP¥24.74 in 1Q 2023). Revenue: JP¥15.0b (up 7.6% from 1Q 2023). Net income: JP¥2.19b (flat on 1Q 2023). Profit margin: 15% (down from 16% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.7% 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 24% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Declared Dividend • Apr 11Final dividend of JP¥21.00 announcedShareholders will receive a dividend of JP¥21.00. Ex-date: 27th June 2024 Payment date: 17th September 2024 Dividend yield will be 2.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (61% cash payout ratio). The dividend has increased by an average of 19% 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 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Feb 24Future Corporation to Report Q1, 2024 Results on Apr 24, 2024Future Corporation announced that they will report Q1, 2024 results on Apr 24, 2024공시 • Feb 10Future Corporation, Annual General Meeting, Mar 27, 2024Future Corporation, Annual General Meeting, Mar 27, 2024.Reported Earnings • Feb 08Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: JP¥104 (down from JP¥104 in FY 2022). Revenue: JP¥59.3b (up 10% from FY 2022). Net income: JP¥9.22b (flat on FY 2022). Profit margin: 16% (down from 17% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 6.0%. Revenue is forecast to grow 9.3% p.a. on average during the next 3 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 29% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 21Upcoming dividend of JP¥20.00 per share at 2.4% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 24 March 2024. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.5%).공시 • Dec 05Future Corporation to Report Fiscal Year 2023 Results on Feb 06, 2024Future Corporation announced that they will report fiscal year 2023 results on Feb 06, 2024Price Target Changed • Nov 17Price target increased by 9.0% to JP¥2,425Up from JP¥2,225, the current price target is an average from 2 analysts. New target price is 34% above last closing price of JP¥1,806. Stock is up 11% over the past year. The company is forecast to post earnings per share of JP¥111 for next year compared to JP¥104 last year.Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: JP¥31.61 (vs JP¥30.24 in 3Q 2022)Third quarter 2023 results: EPS: JP¥31.61 (up from JP¥30.24 in 3Q 2022). Revenue: JP¥15.9b (up 16% from 3Q 2022). Net income: JP¥2.80b (up 4.6% from 3Q 2022). Profit margin: 18% (down from 20% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.6% 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 32% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.공시 • Aug 27Future Corporation to Report Q3, 2023 Results on Oct 25, 2023Future Corporation announced that they will report Q3, 2023 results on Oct 25, 2023Valuation Update With 7 Day Price Move • Aug 03Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥1,528, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the IT industry in Japan. Total returns to shareholders of 91% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,398 per share.Reported Earnings • Jul 28Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: JP¥24.03 (down from JP¥24.07 in 2Q 2022). Revenue: JP¥14.4b (up 7.8% from 2Q 2022). Net income: JP¥2.13b (flat on 2Q 2022). Profit margin: 15% (down from 16% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 10%. Revenue is forecast to grow 8.9% 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 33% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.공시 • Jun 28Future Corporation to Report Q2, 2023 Results on Jul 27, 2023Future Corporation announced that they will report Q2, 2023 results on Jul 27, 2023Upcoming Dividend • Jun 22Upcoming dividend of JP¥20.00 per share at 2.2% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 19 September 2023. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.6%).Buying Opportunity • Apr 22Now 21% undervaluedOver the last 90 days, the stock is up 15%. The fair value is estimated to be JP¥2,365, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Earnings per share has grown by 30%. For the next 3 years, revenue is forecast to grow by 8.7% per annum. Earnings is also forecast to grow by 11% per annum over the same time period.Price Target Changed • Apr 07Price target increased by 7.5% to JP¥2,150Up from JP¥2,000, the current price target is an average from 2 analysts. New target price is 21% above last closing price of JP¥1,780. Stock is up 4.1% over the past year. The company is forecast to post earnings per share of JP¥115 for next year compared to JP¥104 last year.Reported Earnings • Mar 29Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: JP¥104 (up from JP¥71.96 in FY 2021). Revenue: JP¥53.7b (up 10% from FY 2021). Net income: JP¥9.24b (up 45% from FY 2021). Profit margin: 17% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) exceeded analyst estimates by 6.2%. Revenue is forecast to grow 7.9% 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 30% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Feb 12Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: JP¥104 (up from JP¥71.96 in FY 2021). Revenue: JP¥53.7b (up 10% from FY 2021). Net income: JP¥9.24b (up 45% from FY 2021). Profit margin: 17% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) exceeded analyst estimates by 6.2%. Revenue is forecast to grow 7.9% 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 30% per year whereas the company’s share price has increased by 25% per year.Buying Opportunity • Jan 26Now 20% undervaluedOver the last 90 days, the stock is up 3.2%. The fair value is estimated to be JP¥2,080, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 27%. For the next 3 years, revenue is forecast to grow by 8.0% per annum. Earnings is also forecast to grow by 9.1% per annum over the same time period.Upcoming Dividend • Dec 22Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 24 March 2023. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%).공시 • Dec 06Future Corporation to Report Fiscal Year 2022 Results on Feb 07, 2023Future Corporation announced that they will report fiscal year 2022 results on Feb 07, 2023Price Target Changed • Nov 16Price target increased to JP¥2,000Up from JP¥1,450, the current price target is provided by 1 analyst. New target price is 28% above last closing price of JP¥1,559. Stock is down 27% over the past year. The company is forecast to post earnings per share of JP¥98.24 for next year compared to JP¥71.96 last year.Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Director Noriyuki Ichihara was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: JP¥30.24 (vs JP¥22.08 in 3Q 2021)Third quarter 2022 results: EPS: JP¥30.24 (up from JP¥22.08 in 3Q 2021). Revenue: JP¥13.7b (up 7.9% from 3Q 2021). Net income: JP¥2.68b (up 37% from 3Q 2021). Profit margin: 20% (up from 15% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 30Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2022 results: EPS: JP¥24.07 (up from JP¥16.43 in 2Q 2021). Revenue: JP¥13.3b (up 11% from 2Q 2021). Net income: JP¥2.13b (up 47% from 2Q 2021). Profit margin: 16% (up from 12% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) exceeded analyst estimates by 29%. Over the next year, revenue is forecast to grow 4.1%, compared to a 11% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 20% per year.Upcoming Dividend • Jun 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 20 September 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%).Buying Opportunity • May 06Now 20% undervaluedOver the last 90 days, the stock is up 20%. The fair value is estimated to be JP¥2,272, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has grown by 43%. Revenue is forecast to grow by 7.4% in 2 years. Earnings is forecast to decline by 7.8% in the next 2 years.Valuation Update With 7 Day Price Move • May 04Investor sentiment improved over the past weekAfter last week's 21% share price gain to JP¥1,843, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 19x in the IT industry in Japan. Total returns to shareholders of 89% over the past three years.Reported Earnings • Apr 30First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: JP¥26.95 (up from JP¥14.04 in 1Q 2021). Revenue: JP¥12.6b (up 14% from 1Q 2021). Net income: JP¥2.39b (up 92% from 1Q 2021). Profit margin: 19% (up from 11% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.2%. Over the next year, revenue is forecast to grow 7.3%, compared to a 7.4% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 10 non-independent directors. Director Kaoru Suzuki was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 09Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: JP¥144 (up from JP¥42.74 in FY 2020). Revenue: JP¥48.7b (up 9.9% from FY 2020). Net income: JP¥6.37b (up 68% from FY 2020). Profit margin: 13% (up from 8.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.2%. Over the next year, revenue is forecast to grow 11%, compared to a 7.4% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 22Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 25 March 2022. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.3%). In line with average of industry peers (1.3%).Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS JP¥44.17 (vs JP¥10.53 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥12.7b (up 23% from 3Q 2020). Net income: JP¥1.96b (up 320% from 3Q 2020). Profit margin: 15% (up from 4.5% in 3Q 2020). 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 increased by 25% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 23Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥2,409, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 21x in the IT industry in Japan. Total returns to shareholders of 47% over the past three years.Valuation Update With 7 Day Price Move • Aug 06Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥2,121, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 23x in the IT industry in Japan. Total returns to shareholders of 37% over the past three years.Reported Earnings • Aug 03Second quarter 2021 earnings released: EPS JP¥32.86 (vs JP¥27.47 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥12.0b (up 8.3% from 2Q 2020). Net income: JP¥1.45b (up 19% from 2Q 2020). Profit margin: 12% (up from 11% in 2Q 2020). The increase in margin was driven by higher revenue. 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 9% per year, which means it is well ahead of earnings.Upcoming Dividend • Jun 22Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 18 September 2021. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.4%).Reported Earnings • May 20First quarter 2021 earnings released: EPS JP¥28.07 (vs JP¥25.65 in 1Q 2020)The company reported a solid first quarter result with improved earnings, although revenues and profit margins were flat. First quarter 2021 results: Revenue: JP¥11.1b (flat on 1Q 2020). Net income: JP¥1.24b (up 8.3% from 1Q 2020). Profit margin: 11% (in line with 1Q 2020). 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 12% per year, which means it is well ahead of earnings.Reported Earnings • May 01First quarter 2021 earnings released: EPS JP¥28.07 (vs JP¥25.65 in 1Q 2020)The company reported a solid first quarter result with improved earnings, although revenues and profit margins were flat. First quarter 2021 results: Revenue: JP¥11.1b (flat on 1Q 2020). Net income: JP¥1.24b (up 8.3% from 1Q 2020). Profit margin: 11% (in line with 1Q 2020). 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 11% per year, which means it is well ahead of earnings.Reported Earnings • Mar 30Full year 2020 earnings released: EPS JP¥85.49 (vs JP¥102 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥44.3b (down 2.4% from FY 2019). Net income: JP¥3.80b (down 17% from FY 2019). Profit margin: 8.6% (down from 10.0% in FY 2019). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Feb 06Full year 2020 earnings released: EPS JP¥85.49 (vs JP¥102 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥44.3b (down 2.4% from FY 2019). Net income: JP¥3.80b (down 17% from FY 2019). Profit margin: 8.6% (down from 10.0% in FY 2019). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.Analyst Estimate Surprise Post Earnings • Feb 06Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 0.7%. Earnings per share (EPS) also surpassed analyst estimates by 1.9%. Over the next year, revenue is forecast to grow 4.3%, compared to a 8.6% growth forecast for the IT industry in Japan.Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥2,049, the stock is trading at a trailing P/E ratio of 21.8x, up from the previous P/E ratio of 18.9x. This compares to an average P/E of 28x in the IT industry in Japan. Total returns to shareholders over the past three years are 102%.Is New 90 Day High Low • Feb 03New 90-day high: JP¥2,049The company is up 14% from its price of JP¥1,800 on 05 November 2020. The Japanese market is also up 14% over the last 90 days, indicating the company’s price trend is similar to the market over that time. Its price trend is also similar to the IT industry, which is up 14% over the same period.Upcoming Dividend • Dec 22Upcoming Dividend of JP¥20.00 Per ShareWill be paid on the 26th of March to those who are registered shareholders by the 29th of December. The trailing yield of 2.3% is below the top quartile of Japanese dividend payers (3.0%), but it is higher than industry peers (1.3%).Price Target Changed • Dec 01Price target lowered to JP¥2,300Down from JP¥2,900, the current price target is provided by 1 analyst. The new target price is 28% above the current share price of JP¥1,801. As of last close, the stock is down 3.1% over the past year.예정된 배당 지급오늘May 30 2026배당락일Jun 29 2026배당 지급일Sep 16 202679 days (배당락일 기준)다음 배당금을 받으려면 앞으로 29 days일 이내에 매수하세요지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 4722 의 주당 배당금은 지난 10 년 동안 안정적이었습니다.배당금 증가: 4722 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Future 배당 수익률 vs 시장4722의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (4722)3.0%시장 하위 25% (JP)1.7%시장 상위 25% (JP)3.8%업계 평균 (IT)1.9%분석가 예측 (4722) (최대 3년)3.8%주목할만한 배당금: 4722 의 배당금( 3.01% )은 JP 시장에서 배당금 지급자의 하위 25%( 1.72% )보다 높습니다.고배당: 4722 의 배당금( 3.01% )은 JP 시장에서 배당금 지급자의 상위 25%( 3.77% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 33.8% )로 4722 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 합리적인 현금 지급 비율 ( 64.2% )로 4722 의 배당금 지급은 현금 흐름으로 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YJP 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/30 20:49종가2026/05/29 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 소스Future Corporation는 7명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Shingo KumazawaDaiwa Securities Co. Ltd.null nullDaiwa Securities Co. Ltd.Toshihiro KatahiroMarusan Securities Co. Ltd.4명의 분석가 더 보기
Declared Dividend • Apr 11Final dividend of JP¥24.00 announcedShareholders will receive a dividend of JP¥24.00. Ex-date: 29th June 2026 Payment date: 16th September 2026 Dividend yield will be 2.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (35% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 18% 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 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 26 March 2026. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%).
분석 기사 • Oct 01Future (TSE:4722) Is Due To Pay A Dividend Of ¥23.00The board of Future Corporation ( TSE:4722 ) has announced that it will pay a dividend of ¥23.00 per share on the 26th...
분석 기사 • Sep 17Future (TSE:4722) Has Announced A Dividend Of ¥23.00The board of Future Corporation ( TSE:4722 ) has announced that it will pay a dividend on the 26th of March, with...
Declared Dividend • Sep 17First half dividend of JP¥23.00 announcedShareholders will receive a dividend of JP¥23.00. Ex-date: 29th December 2025 Payment date: 26th March 2026 Dividend yield will be 2.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 19% 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 49% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 17 September 2025. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.2%).
Reported Earnings • Apr 29First quarter 2026 earnings released: EPS: JP¥26.58 (vs JP¥22.53 in 1Q 2025)First quarter 2026 results: EPS: JP¥26.58 (up from JP¥22.53 in 1Q 2025). Revenue: JP¥18.3b (up 5.4% from 1Q 2025). Net income: JP¥2.36b (up 18% from 1Q 2025). Profit margin: 13% (up from 12% in 1Q 2025). 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 5.0% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
공시 • Apr 21Future Corporation to Report Q1, 2026 Results on Apr 28, 2026Future Corporation announced that they will report Q1, 2026 results on Apr 28, 2026
Declared Dividend • Apr 11Final dividend of JP¥24.00 announcedShareholders will receive a dividend of JP¥24.00. Ex-date: 29th June 2026 Payment date: 16th September 2026 Dividend yield will be 2.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (35% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 18% 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 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 07Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥132 (up from JP¥116 in FY 2024). Revenue: JP¥76.0b (up 8.8% from FY 2024). Net income: JP¥11.7b (up 14% from FY 2024). Profit margin: 15% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.5%. Revenue is forecast to grow 12% 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 7% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
공시 • Feb 06Future Corporation, Annual General Meeting, Mar 26, 2026Future Corporation, Annual General Meeting, Mar 26, 2026.
공시 • Jan 07Future Corporation to Report Fiscal Year 2025 Results on Feb 05, 2026Future Corporation announced that they will report fiscal year 2025 results on Feb 05, 2026
Upcoming Dividend • Dec 22Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 26 March 2026. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%).
분석 기사 • Dec 04Future (TSE:4722) Has A Pretty Healthy Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
분석 기사 • Nov 18Earnings Tell The Story For Future Corporation (TSE:4722)Future Corporation's ( TSE:4722 ) price-to-earnings (or "P/E") ratio of 17.8x might make it look like a sell right now...
Reported Earnings • Oct 23Third quarter 2025 earnings released: EPS: JP¥37.73 (vs JP¥35.45 in 3Q 2024)Third quarter 2025 results: EPS: JP¥37.73 (up from JP¥35.45 in 3Q 2024). Revenue: JP¥19.6b (up 3.6% from 3Q 2024). Net income: JP¥3.35b (up 6.5% from 3Q 2024). Profit margin: 17% (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 5% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Oct 22Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.3% to JP¥2,150. The fair value is estimated to be JP¥2,718, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 6.1%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.
Buy Or Sell Opportunity • Oct 02Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.5% to JP¥2,185. The fair value is estimated to be JP¥2,745, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 6.1%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.
분석 기사 • Oct 01Future (TSE:4722) Is Due To Pay A Dividend Of ¥23.00The board of Future Corporation ( TSE:4722 ) has announced that it will pay a dividend of ¥23.00 per share on the 26th...
공시 • Sep 27Future Corporation to Report Q3, 2025 Results on Oct 22, 2025Future Corporation announced that they will report Q3, 2025 results on Oct 22, 2025
분석 기사 • Sep 17Future (TSE:4722) Has Announced A Dividend Of ¥23.00The board of Future Corporation ( TSE:4722 ) has announced that it will pay a dividend on the 26th of March, with...
Declared Dividend • Sep 17First half dividend of JP¥23.00 announcedShareholders will receive a dividend of JP¥23.00. Ex-date: 29th December 2025 Payment date: 26th March 2026 Dividend yield will be 2.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 19% 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 49% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Sep 02Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at JP¥2,184. The fair value is estimated to be JP¥2,768, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 6.1%. Revenue is forecast to grow by 25% in 2 years. Earnings are forecast to grow by 42% in the next 2 years.
Reported Earnings • Jul 25Second quarter 2025 earnings released: EPS: JP¥29.04 (vs JP¥30.19 in 2Q 2024)Second quarter 2025 results: EPS: JP¥29.04 (down from JP¥30.19 in 2Q 2024). Revenue: JP¥18.3b (up 2.2% from 2Q 2024). Net income: JP¥2.57b (down 3.8% from 2Q 2024). Profit margin: 14% (in line with 2Q 2024). Revenue is forecast to grow 11% p.a. on average during the next 3 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 6% per year whereas the company’s share price has increased by 11% per year.
Price Target Changed • Jul 02Price target increased by 13% to JP¥2,767Up from JP¥2,450, the current price target is an average from 3 analysts. New target price is 19% above last closing price of JP¥2,319. Stock is up 51% over the past year. The company is forecast to post earnings per share of JP¥131 for next year compared to JP¥116 last year.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 17 September 2025. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.2%).
분석 기사 • Jun 19Future (TSE:4722) Will Pay A Larger Dividend Than Last Year At ¥23.00Future Corporation's ( TSE:4722 ) dividend will be increasing from last year's payment of the same period to ¥23.00 on...
공시 • Jun 19Future Corporation to Report Q2, 2025 Results on Jul 23, 2025Future Corporation announced that they will report Q2, 2025 results on Jul 23, 2025
분석 기사 • Jun 16Do Future's (TSE:4722) Earnings Warrant Your Attention?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
분석 기사 • May 14Future (TSE:4722) Will Pay A Larger Dividend Than Last Year At ¥23.00Future Corporation ( TSE:4722 ) will increase its dividend from last year's comparable payment on the 17th of September...
분석 기사 • May 13Future (TSE:4722) Hasn't Managed To Accelerate Its ReturnsTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
분석 기사 • Apr 30Future's (TSE:4722) Dividend Will Be Increased To ¥23.00Future Corporation's ( TSE:4722 ) dividend will be increasing from last year's payment of the same period to ¥23.00 on...
Reported Earnings • Apr 24First quarter 2025 earnings released: EPS: JP¥22.53 (vs JP¥24.71 in 1Q 2024)First quarter 2025 results: EPS: JP¥22.53 (down from JP¥24.71 in 1Q 2024). Revenue: JP¥17.3b (up 15% from 1Q 2024). Net income: JP¥2.00b (down 8.8% from 1Q 2024). Profit margin: 12% (down from 15% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.6% 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 8% 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¥23.00 announcedShareholders will receive a dividend of JP¥23.00. Ex-date: 27th June 2025 Payment date: 17th September 2025 Dividend yield will be 2.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 19% 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 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
분석 기사 • Apr 01Investors Holding Back On Future Corporation (TSE:4722)There wouldn't be many who think Future Corporation's ( TSE:4722 ) price-to-earnings (or "P/E") ratio of 14.8x is worth...
공시 • Mar 20Future Corporation to Report Q1, 2025 Results on Apr 23, 2025Future Corporation announced that they will report Q1, 2025 results on Apr 23, 2025
분석 기사 • Feb 20Here's Why We Think Future (TSE:4722) Might Deserve Your Attention TodayIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Reported Earnings • Feb 05Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: JP¥116 (up from JP¥104 in FY 2023). Revenue: JP¥69.9b (up 18% from FY 2023). Net income: JP¥10.3b (up 12% from FY 2023). Profit margin: 15% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 8.9% 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 increased by 11% per year whereas the company’s share price has increased by 10% per year.
공시 • Feb 04Future Corporation, Annual General Meeting, Mar 25, 2025Future Corporation, Annual General Meeting, Mar 25, 2025.
Upcoming Dividend • Dec 20Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 28 March 2025. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%).
공시 • Dec 03Future Corporation to Report Fiscal Year 2024 Results on Feb 04, 2025Future Corporation announced that they will report fiscal year 2024 results on Feb 04, 2025
분석 기사 • Nov 08Is There An Opportunity With Future Corporation's (TSE:4722) 35% Undervaluation?Key Insights The projected fair value for Future is JP¥3,220 based on 2 Stage Free Cash Flow to Equity Future's...
Reported Earnings • Oct 24Third quarter 2024 earnings released: EPS: JP¥35.45 (vs JP¥31.61 in 3Q 2023)Third quarter 2024 results: EPS: JP¥35.45 (up from JP¥31.61 in 3Q 2023). Revenue: JP¥19.0b (up 19% from 3Q 2023). Net income: JP¥3.14b (up 12% from 3Q 2023). Profit margin: 17% (in line with 3Q 2023). Revenue is forecast to grow 11% 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 14% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
공시 • Oct 11Future Corporation to Report Q3, 2024 Results on Oct 23, 2024Future Corporation announced that they will report Q3, 2024 results on Oct 23, 2024
분석 기사 • Sep 12Investors Appear Satisfied With Future Corporation's (TSE:4722) ProspectsWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") below 13x, you may consider Future...
Reported Earnings • Jul 26Second quarter 2024 earnings released: EPS: JP¥30.19 (vs JP¥24.03 in 2Q 2023)Second quarter 2024 results: EPS: JP¥30.19 (up from JP¥24.03 in 2Q 2023). Revenue: JP¥17.9b (up 25% from 2Q 2023). Net income: JP¥2.68b (up 26% from 2Q 2023). Profit margin: 15% (in line with 2Q 2023). Revenue is forecast to grow 13% 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 19% per year whereas the company’s share price has increased by 21% per year.
Declared Dividend • Jul 25Dividend of JP¥21.00 announcedShareholders will receive a dividend of JP¥21.00. Ex-date: 27th December 2024 Payment date: 28th March 2025 Dividend yield will be 2.5%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (38% earnings payout ratio) and cash flows (61% cash payout ratio). The dividend has increased by an average of 19% 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 • Jul 24Is There An Opportunity With Future Corporation's (TSE:4722) 31% Undervaluation?Key Insights Using the 2 Stage Free Cash Flow to Equity, Future fair value estimate is JP¥2,422 Future is estimated to...
공시 • Jun 02Future Corporation to Report Q2, 2024 Results on Jul 23, 2024Future Corporation announced that they will report Q2, 2024 results on Jul 23, 2024
Price Target Changed • May 28Price target decreased by 10% to JP¥2,175Down from JP¥2,425, the current price target is an average from 2 analysts. New target price is 46% above last closing price of JP¥1,492. Stock is down 15% over the past year. The company is forecast to post earnings per share of JP¥113 for next year compared to JP¥104 last year.
Reported Earnings • Apr 25First quarter 2024 earnings released: EPS: JP¥24.71 (vs JP¥24.74 in 1Q 2023)First quarter 2024 results: EPS: JP¥24.71 (down from JP¥24.74 in 1Q 2023). Revenue: JP¥15.0b (up 7.6% from 1Q 2023). Net income: JP¥2.19b (flat on 1Q 2023). Profit margin: 15% (down from 16% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.7% 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 24% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Apr 11Final dividend of JP¥21.00 announcedShareholders will receive a dividend of JP¥21.00. Ex-date: 27th June 2024 Payment date: 17th September 2024 Dividend yield will be 2.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (61% cash payout ratio). The dividend has increased by an average of 19% 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 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Feb 24Future Corporation to Report Q1, 2024 Results on Apr 24, 2024Future Corporation announced that they will report Q1, 2024 results on Apr 24, 2024
공시 • Feb 10Future Corporation, Annual General Meeting, Mar 27, 2024Future Corporation, Annual General Meeting, Mar 27, 2024.
Reported Earnings • Feb 08Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: JP¥104 (down from JP¥104 in FY 2022). Revenue: JP¥59.3b (up 10% from FY 2022). Net income: JP¥9.22b (flat on FY 2022). Profit margin: 16% (down from 17% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 6.0%. Revenue is forecast to grow 9.3% p.a. on average during the next 3 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 29% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 21Upcoming dividend of JP¥20.00 per share at 2.4% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 24 March 2024. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.5%).
공시 • Dec 05Future Corporation to Report Fiscal Year 2023 Results on Feb 06, 2024Future Corporation announced that they will report fiscal year 2023 results on Feb 06, 2024
Price Target Changed • Nov 17Price target increased by 9.0% to JP¥2,425Up from JP¥2,225, the current price target is an average from 2 analysts. New target price is 34% above last closing price of JP¥1,806. Stock is up 11% over the past year. The company is forecast to post earnings per share of JP¥111 for next year compared to JP¥104 last year.
Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: JP¥31.61 (vs JP¥30.24 in 3Q 2022)Third quarter 2023 results: EPS: JP¥31.61 (up from JP¥30.24 in 3Q 2022). Revenue: JP¥15.9b (up 16% from 3Q 2022). Net income: JP¥2.80b (up 4.6% from 3Q 2022). Profit margin: 18% (down from 20% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.6% 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 32% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
공시 • Aug 27Future Corporation to Report Q3, 2023 Results on Oct 25, 2023Future Corporation announced that they will report Q3, 2023 results on Oct 25, 2023
Valuation Update With 7 Day Price Move • Aug 03Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥1,528, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the IT industry in Japan. Total returns to shareholders of 91% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,398 per share.
Reported Earnings • Jul 28Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: JP¥24.03 (down from JP¥24.07 in 2Q 2022). Revenue: JP¥14.4b (up 7.8% from 2Q 2022). Net income: JP¥2.13b (flat on 2Q 2022). Profit margin: 15% (down from 16% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 10%. Revenue is forecast to grow 8.9% 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 33% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
공시 • Jun 28Future Corporation to Report Q2, 2023 Results on Jul 27, 2023Future Corporation announced that they will report Q2, 2023 results on Jul 27, 2023
Upcoming Dividend • Jun 22Upcoming dividend of JP¥20.00 per share at 2.2% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 19 September 2023. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.6%).
Buying Opportunity • Apr 22Now 21% undervaluedOver the last 90 days, the stock is up 15%. The fair value is estimated to be JP¥2,365, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Earnings per share has grown by 30%. For the next 3 years, revenue is forecast to grow by 8.7% per annum. Earnings is also forecast to grow by 11% per annum over the same time period.
Price Target Changed • Apr 07Price target increased by 7.5% to JP¥2,150Up from JP¥2,000, the current price target is an average from 2 analysts. New target price is 21% above last closing price of JP¥1,780. Stock is up 4.1% over the past year. The company is forecast to post earnings per share of JP¥115 for next year compared to JP¥104 last year.
Reported Earnings • Mar 29Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: JP¥104 (up from JP¥71.96 in FY 2021). Revenue: JP¥53.7b (up 10% from FY 2021). Net income: JP¥9.24b (up 45% from FY 2021). Profit margin: 17% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) exceeded analyst estimates by 6.2%. Revenue is forecast to grow 7.9% 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 30% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Feb 12Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: JP¥104 (up from JP¥71.96 in FY 2021). Revenue: JP¥53.7b (up 10% from FY 2021). Net income: JP¥9.24b (up 45% from FY 2021). Profit margin: 17% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) exceeded analyst estimates by 6.2%. Revenue is forecast to grow 7.9% 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 30% per year whereas the company’s share price has increased by 25% per year.
Buying Opportunity • Jan 26Now 20% undervaluedOver the last 90 days, the stock is up 3.2%. The fair value is estimated to be JP¥2,080, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 27%. For the next 3 years, revenue is forecast to grow by 8.0% per annum. Earnings is also forecast to grow by 9.1% per annum over the same time period.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 24 March 2023. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%).
공시 • Dec 06Future Corporation to Report Fiscal Year 2022 Results on Feb 07, 2023Future Corporation announced that they will report fiscal year 2022 results on Feb 07, 2023
Price Target Changed • Nov 16Price target increased to JP¥2,000Up from JP¥1,450, the current price target is provided by 1 analyst. New target price is 28% above last closing price of JP¥1,559. Stock is down 27% over the past year. The company is forecast to post earnings per share of JP¥98.24 for next year compared to JP¥71.96 last year.
Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Director Noriyuki Ichihara was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: JP¥30.24 (vs JP¥22.08 in 3Q 2021)Third quarter 2022 results: EPS: JP¥30.24 (up from JP¥22.08 in 3Q 2021). Revenue: JP¥13.7b (up 7.9% from 3Q 2021). Net income: JP¥2.68b (up 37% from 3Q 2021). Profit margin: 20% (up from 15% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 30Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2022 results: EPS: JP¥24.07 (up from JP¥16.43 in 2Q 2021). Revenue: JP¥13.3b (up 11% from 2Q 2021). Net income: JP¥2.13b (up 47% from 2Q 2021). Profit margin: 16% (up from 12% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) exceeded analyst estimates by 29%. Over the next year, revenue is forecast to grow 4.1%, compared to a 11% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 20% per year.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 20 September 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%).
Buying Opportunity • May 06Now 20% undervaluedOver the last 90 days, the stock is up 20%. The fair value is estimated to be JP¥2,272, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has grown by 43%. Revenue is forecast to grow by 7.4% in 2 years. Earnings is forecast to decline by 7.8% in the next 2 years.
Valuation Update With 7 Day Price Move • May 04Investor sentiment improved over the past weekAfter last week's 21% share price gain to JP¥1,843, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 19x in the IT industry in Japan. Total returns to shareholders of 89% over the past three years.
Reported Earnings • Apr 30First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: JP¥26.95 (up from JP¥14.04 in 1Q 2021). Revenue: JP¥12.6b (up 14% from 1Q 2021). Net income: JP¥2.39b (up 92% from 1Q 2021). Profit margin: 19% (up from 11% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.2%. Over the next year, revenue is forecast to grow 7.3%, compared to a 7.4% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 10 non-independent directors. Director Kaoru Suzuki was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 09Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: JP¥144 (up from JP¥42.74 in FY 2020). Revenue: JP¥48.7b (up 9.9% from FY 2020). Net income: JP¥6.37b (up 68% from FY 2020). Profit margin: 13% (up from 8.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.2%. Over the next year, revenue is forecast to grow 11%, compared to a 7.4% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 25 March 2022. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.3%). In line with average of industry peers (1.3%).
Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS JP¥44.17 (vs JP¥10.53 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥12.7b (up 23% from 3Q 2020). Net income: JP¥1.96b (up 320% from 3Q 2020). Profit margin: 15% (up from 4.5% in 3Q 2020). 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 increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 23Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥2,409, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 21x in the IT industry in Japan. Total returns to shareholders of 47% over the past three years.
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥2,121, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 23x in the IT industry in Japan. Total returns to shareholders of 37% over the past three years.
Reported Earnings • Aug 03Second quarter 2021 earnings released: EPS JP¥32.86 (vs JP¥27.47 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥12.0b (up 8.3% from 2Q 2020). Net income: JP¥1.45b (up 19% from 2Q 2020). Profit margin: 12% (up from 11% in 2Q 2020). The increase in margin was driven by higher revenue. 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 9% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 18 September 2021. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.4%).
Reported Earnings • May 20First quarter 2021 earnings released: EPS JP¥28.07 (vs JP¥25.65 in 1Q 2020)The company reported a solid first quarter result with improved earnings, although revenues and profit margins were flat. First quarter 2021 results: Revenue: JP¥11.1b (flat on 1Q 2020). Net income: JP¥1.24b (up 8.3% from 1Q 2020). Profit margin: 11% (in line with 1Q 2020). 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 12% per year, which means it is well ahead of earnings.
Reported Earnings • May 01First quarter 2021 earnings released: EPS JP¥28.07 (vs JP¥25.65 in 1Q 2020)The company reported a solid first quarter result with improved earnings, although revenues and profit margins were flat. First quarter 2021 results: Revenue: JP¥11.1b (flat on 1Q 2020). Net income: JP¥1.24b (up 8.3% from 1Q 2020). Profit margin: 11% (in line with 1Q 2020). 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 11% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 30Full year 2020 earnings released: EPS JP¥85.49 (vs JP¥102 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥44.3b (down 2.4% from FY 2019). Net income: JP¥3.80b (down 17% from FY 2019). Profit margin: 8.6% (down from 10.0% in FY 2019). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Feb 06Full year 2020 earnings released: EPS JP¥85.49 (vs JP¥102 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥44.3b (down 2.4% from FY 2019). Net income: JP¥3.80b (down 17% from FY 2019). Profit margin: 8.6% (down from 10.0% in FY 2019). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
Analyst Estimate Surprise Post Earnings • Feb 06Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 0.7%. Earnings per share (EPS) also surpassed analyst estimates by 1.9%. Over the next year, revenue is forecast to grow 4.3%, compared to a 8.6% growth forecast for the IT industry in Japan.
Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥2,049, the stock is trading at a trailing P/E ratio of 21.8x, up from the previous P/E ratio of 18.9x. This compares to an average P/E of 28x in the IT industry in Japan. Total returns to shareholders over the past three years are 102%.
Is New 90 Day High Low • Feb 03New 90-day high: JP¥2,049The company is up 14% from its price of JP¥1,800 on 05 November 2020. The Japanese market is also up 14% over the last 90 days, indicating the company’s price trend is similar to the market over that time. Its price trend is also similar to the IT industry, which is up 14% over the same period.
Upcoming Dividend • Dec 22Upcoming Dividend of JP¥20.00 Per ShareWill be paid on the 26th of March to those who are registered shareholders by the 29th of December. The trailing yield of 2.3% is below the top quartile of Japanese dividend payers (3.0%), but it is higher than industry peers (1.3%).
Price Target Changed • Dec 01Price target lowered to JP¥2,300Down from JP¥2,900, the current price target is provided by 1 analyst. The new target price is 28% above the current share price of JP¥1,801. As of last close, the stock is down 3.1% over the past year.