공시 • Aug 09
JASTEC Co., Ltd. to Delist from Prime Section of TSX, Effective September 11, 2024 JASTEC Co., Ltd. will be delisted from Prime Section of Tokyo Stock Exchange effective from September 11, 2024, due to Reverse stock split. 공시 • May 25
NTT DATA JAPAN Corporation completed the acquisition of JASTEC Co., Ltd. (TSE:9717) from Shigeru Kamiyama and Sasuyama Ltd and others. NTT DATA JAPAN Corporation made an offer to acquire JASTEC Co., Ltd. (TSE:9717) from Shigeru Kamiyama and Sasuyama Ltd and others for ¥34.2 billion in a tender offer transaction on April 5, 2024. consideration is made for ¥1,940 per share of common stock.After the completion of the Tender Offer, a series of squeeze out procedures will be carried out to make NTT DATA only shareholder of JASTEC and make JASTEC a wholly-owned subsidiary of NTT DATA. Transaction has been approved by JASTEC board of director's. Transaction is expected to complete on May 23, 2024. Daiwa Securities Co. Ltd. acted as financial advisor to NTT Data Japan Corporation. Nagashima Ohno & Tsunematsu acted as legal advisor to NTT Data Japan Corporation. Kataoka Sogo Law Office acted as legal advisor to JASTEC Co., Ltd. SMBC Nikko Securities Inc. acted as financial advisor to JASTEC Co., Ltd.
NTT DATA JAPAN Corporation completed the acquisition of JASTEC Co., Ltd. (TSE:9717) from Shigeru Kamiyama and Sasuyama Ltd and others on May 23, 2024. Settlement Commencement will be on May 30, 2024. Purchase price will be paid in cash. The purchase price for the Share Certificates that have been purchased will, as designated by the Tendering Shareholders, be remitted by the Tender Offer Agent to the places designated by the Tendering Shareholders or be paid to the accounts of the Tendering Shareholders used by the Tender Offer Agent to accept the tender, without delay on or after the settlement commencement date. Hereof, after such procedures are implemented, the Target Company Shares will be delisted pursuant to the prescribed procedures in accordance with the delisting criteria of the Tokyo Stock Exchange. The Target Company Shares cannot be traded at the Tokyo Stock Exchange if they are delisted. New Risk • Apr 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.1% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change). Reported Earnings • Apr 07
First quarter 2024 earnings released: EPS: JP¥30.88 (vs JP¥30.04 in 1Q 2023) First quarter 2024 results: EPS: JP¥30.88 (up from JP¥30.04 in 1Q 2023). Revenue: JP¥5.34b (up 3.8% from 1Q 2023). Net income: JP¥531.1m (up 3.7% from 1Q 2023). Profit margin: 9.9% (in line with 1Q 2023). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan. New Risk • Jan 31
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. 공시 • Jan 16
JASTEC Co., Ltd. Announces Year End Dividend for the Fiscal Year Ended November 30, 2023, Payable on February 28, 2024; Provides Year End Dividend Guidance for the Fiscal Year Ending November 30, 2024 JASTEC Co., Ltd. announced year end dividend for the fiscal year ended November 30, 2023. For the period, the company announced dividend of JPY 50 per share compared to JPY 50 per share paid a year ago. The dividend will be payable on February 28, 2024. The company provided year end dividend guidance for the fiscal year ending November 30, 2024. For the period, the company expected year end dividend of JPY 50 per share compared to JPY 50 per share paid a year ago. 공시 • Jan 15
JASTEC Co., Ltd., Annual General Meeting, Feb 27, 2024 JASTEC Co., Ltd., Annual General Meeting, Feb 27, 2024. Upcoming Dividend • Nov 22
Upcoming dividend of JP¥50.00 per share at 3.3% yield Eligible shareholders must have bought the stock before 29 November 2023. Payment date: 26 February 2024. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%). 공시 • Nov 01
JASTEC Co., Ltd. to Report Fiscal Year 2023 Results on Jan 15, 2024 JASTEC Co., Ltd. announced that they will report fiscal year 2023 results on Jan 15, 2024 공시 • Oct 14
JASTEC Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending November 30, 2023 JASTEC Co., Ltd. provided dividend guidance for the fiscal year ending November 30, 2023. For the period, the company expected dividend of JPY 50.00 per share compared to JPY 50.00 per share a year ago. 공시 • Aug 03
JASTEC Co., Ltd. Announces Non-Consolidated Earnings Guidance for the Period Ending November 30, 2023 JASTEC Co., Ltd. announced non-consolidated earnings guidance for the period ending November 30, 2023. For the period, the company expects net sales of JPY 20,292 million, operating profit of JPY 2,920 million, profit of JPY 2,068 million and earnings per share of JPY 121.35. 공시 • Jul 08
Jastec Co., Ltd. Provides Year End Dividend Guidance for the Fiscal Year Ending November 2023 JASTEC Co., Ltd. provided year end dividend guidance of JPY 50.00 per share for the fiscal year ending November 2023 compared to JPY 50.00 per share a year ago. 공시 • Jul 07
Jastec Co., Ltd. Announces Earnings Guidance for the Period Ending November 2023 JASTEC Co., Ltd. announced earnings guidance for the period ending November 2023. For the period, the company expects net sales of JPY 20,292 million, operating profit of JPY 2,920 million, profit of JPY 2,068 million and basic earnings per share of JPY 121.35. 공시 • Jan 15
JASTEC Co., Ltd., Annual General Meeting, Feb 22, 2023 JASTEC Co., Ltd., Annual General Meeting, Feb 22, 2023. Upcoming Dividend • Nov 22
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 29 November 2022. Payment date: 28 February 2023. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.8%). Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 7 experienced directors. 2 highly experienced directors. 3 independent directors (7 non-independent directors). Independent Director Shinichirou Shimizu was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공시 • Nov 01
JASTEC Co., Ltd. to Report Q4, 2022 Results on Jan 13, 2023 JASTEC Co., Ltd. announced that they will report Q4, 2022 results on Jan 13, 2023 Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 7 experienced directors. 1 highly experienced director. 3 independent directors (6 non-independent directors). Independent Director Shinichirou Shimizu was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공시 • Jan 30
JASTEC Co., Ltd. to Report Q3, 2022 Results on Oct 07, 2022 JASTEC Co., Ltd. announced that they will report Q3, 2022 results on Oct 07, 2022 Upcoming Dividend • Nov 22
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 29 November 2021. Payment date: 26 February 2022. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.3%). 공시 • Jun 25
JASTEC Co., Ltd. Provides Financial Guidance for the Fiscal Year Ending November 2021 JASTEC Co., Ltd. provided financial guidance for the fiscal year ending November 2021. For the fiscal year, the company expects net sales of JPY 18,005 million, operating profit of JPY 2,129 million, profit of JPY 1,496 million and Basic earnings per share of JPY 89.08. 공시 • Mar 27
JASTEC Co., Ltd. Provides Financial Guidance for the First Half Ending May 2021 and Fiscal Year Ending November 2021 JASTEC Co., Ltd. provided financial guidance for the first half ending May 2021 and fiscal year ending November 2021. For the first half, the company expects net sales of JPY 8,578 million, operating profit of JPY 847 million, profit of JPY 610 million and Basic earnings per share of JPY 36.45.
For the fiscal year, the company expects net sales of JPY 18,005 million, operating profit of JPY 2,129 million, profit of JPY 1,496 million and Basic earnings per share of JPY 89.08. Is New 90 Day High Low • Feb 26
New 90-day low: JP¥1,182 The company is down 17% from its price of JP¥1,416 on 27 November 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 3.0% over the same period. Is New 90 Day High Low • Jan 18
New 90-day low: JP¥1,252 The company is down 17% from its price of JP¥1,507 on 20 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 2.0% over the same period. 공시 • Jan 15
JASTEC Co., Ltd., Annual General Meeting, Feb 25, 2021 JASTEC Co., Ltd., Annual General Meeting, Feb 25, 2021. Is New 90 Day High Low • Dec 07
New 90-day low: JP¥1,271 The company is down 4.0% from its price of JP¥1,327 on 08 September 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 6.0% over the same period.