Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥241, the stock trades at a trailing P/E ratio of 44.3x. Average trailing P/E is 16x in the IT industry in Japan. Total returns to shareholders of 71% over the past three years. New Risk • Jul 21
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.5b (US$95.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥15.5b market cap, or US$95.4m). Upcoming Dividend • Jun 22
Upcoming dividend of JP¥1.00 per share Eligible shareholders must have bought the stock before 29 June 2026. Payment date: 01 September 2026. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (3.9%). Lower than average of industry peers (2.0%). Aankondiging • Jun 03
BroadBand Tower, Inc. to Report Q2, 2026 Results on Aug 06, 2026 BroadBand Tower, Inc. announced that they will report Q2, 2026 results on Aug 06, 2026 Reported Earnings • May 01
First quarter 2026 earnings released: EPS: JP¥2.12 (vs JP¥1.55 in 1Q 2025) First quarter 2026 results: EPS: JP¥2.12 (up from JP¥1.55 in 1Q 2025). Revenue: JP¥3.19b (up 2.9% from 1Q 2025). Net income: JP¥130.0m (up 37% from 1Q 2025). Profit margin: 4.1% (up from 3.1% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Aankondiging • Apr 21
BroadBand Tower, Inc. to Report Q1, 2026 Results on Apr 30, 2026 BroadBand Tower, Inc. announced that they will report Q1, 2026 results on Apr 30, 2026 Reported Earnings • Feb 08
Full year 2025 earnings released: EPS: JP¥4.88 (vs JP¥6.59 in FY 2024) Full year 2025 results: EPS: JP¥4.88 (down from JP¥6.59 in FY 2024). Revenue: JP¥15.3b (up 14% from FY 2024). Net income: JP¥300.0m (down 26% from FY 2024). Profit margin: 2.0% (down from 3.0% in FY 2024). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 06
BroadBand Tower, Inc., Annual General Meeting, Mar 23, 2026 BroadBand Tower, Inc., Annual General Meeting, Mar 23, 2026. Buy Or Sell Opportunity • Feb 06
Now 21% undervalued Over the last 90 days, the stock has risen 11% to JP¥194. The fair value is estimated to be JP¥246, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 63%. Buy Or Sell Opportunity • Jan 21
Now 21% undervalued Over the last 90 days, the stock has risen 9.1% to JP¥180. The fair value is estimated to be JP¥229, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 63%. Buy Or Sell Opportunity • Jan 05
Now 23% undervalued Over the last 90 days, the stock has risen 5.4% to JP¥176. The fair value is estimated to be JP¥228, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 63%. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥1.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 05 March 2026. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.2%). New Risk • Dec 16
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 6.0% 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 Share price has been volatile over the past 3 months (6.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.7% net profit margin). Market cap is less than US$100m (JP¥12.2b market cap, or US$78.6m). Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥198, the stock trades at a trailing P/E ratio of 28.9x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 25% over the past three years. Aankondiging • Dec 05
BroadBand Tower, Inc. to Report Fiscal Year 2025 Results on Feb 06, 2026 BroadBand Tower, Inc. announced that they will report fiscal year 2025 results on Feb 06, 2026 Buy Or Sell Opportunity • Dec 01
Now 22% undervalued Over the last 90 days, the stock has risen 7.2% to JP¥178. The fair value is estimated to be JP¥229, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 63%. Buy Or Sell Opportunity • Nov 06
Now 22% undervalued Over the last 90 days, the stock has risen 7.3% to JP¥177. The fair value is estimated to be JP¥227, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 63%. Reported Earnings • Nov 02
Third quarter 2025 earnings released: EPS: JP¥4.15 (vs JP¥1.22 in 3Q 2024) Third quarter 2025 results: EPS: JP¥4.15 (up from JP¥1.22 in 3Q 2024). Revenue: JP¥5.19b (up 66% from 3Q 2024). Net income: JP¥255.0m (up 240% from 3Q 2024). Profit margin: 4.9% (up from 2.4% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Aankondiging • Sep 02
BroadBand Tower, Inc. to Report Q3, 2025 Results on Oct 31, 2025 BroadBand Tower, Inc. announced that they will report Q3, 2025 results on Oct 31, 2025 New Risk • Aug 08
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.8% Last year net profit margin: 4.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.8% net profit margin). Market cap is less than US$100m (JP¥10.3b market cap, or US$69.7m). Reported Earnings • Aug 08
Second quarter 2025 earnings released: EPS: JP¥2.39 (vs JP¥4.66 in 2Q 2024) Second quarter 2025 results: EPS: JP¥2.39 (down from JP¥4.66 in 2Q 2024). Revenue: JP¥3.33b (down 5.2% from 2Q 2024). Net income: JP¥147.0m (down 49% from 2Q 2024). Profit margin: 4.4% (down from 8.1% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥178, the stock trades at a trailing P/E ratio of 28.8x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 3.3% over the past three years. Upcoming Dividend • Jun 20
Upcoming dividend of JP¥1.00 per share Eligible shareholders must have bought the stock before 27 June 2025. Payment date: 02 September 2025. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (4.0%). In line with average of industry peers (1.2%). Aankondiging • Jun 03
BroadBand Tower, Inc. to Report Q2, 2025 Results on Aug 06, 2025 BroadBand Tower, Inc. announced that they will report Q2, 2025 results on Aug 06, 2025 Reported Earnings • May 01
First quarter 2025 earnings released: EPS: JP¥1.55 (vs JP¥1.94 in 1Q 2024) First quarter 2025 results: EPS: JP¥1.55 (down from JP¥1.94 in 1Q 2024). Revenue: JP¥3.10b (flat on 1Q 2024). Net income: JP¥95.0m (down 20% from 1Q 2024). Profit margin: 3.1% (down from 3.9% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥118, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 15x in the IT industry in Japan. Total loss to shareholders of 41% over the past three years. Aankondiging • Mar 07
BroadBand Tower, Inc. to Report Fiscal Year 2024 Results on Apr 30, 2025 BroadBand Tower, Inc. announced that they will report fiscal year 2024 results at 3:00 PM, Tokyo Standard Time on Apr 30, 2025 New Risk • Feb 16
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 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 Share price has been volatile over the past 3 months (5.1% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥9.57b market cap, or US$62.8m). Reported Earnings • Feb 08
Full year 2024 earnings released: EPS: JP¥6.59 (vs JP¥1.62 in FY 2023) Full year 2024 results: EPS: JP¥6.59 (up from JP¥1.62 in FY 2023). Revenue: JP¥13.4b (up 1.4% from FY 2023). Net income: JP¥404.0m (up 308% from FY 2023). Profit margin: 3.0% (up from 0.7% in FY 2023). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Aankondiging • Feb 07
BroadBand Tower, Inc., Annual General Meeting, Mar 19, 2025 BroadBand Tower, Inc., Annual General Meeting, Mar 19, 2025. New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Market cap is less than US$100m (JP¥11.5b market cap, or US$73.1m). Upcoming Dividend • Dec 20
Upcoming dividend of JP¥1.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 05 March 2025. Payout ratio is a comfortable 8.2% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.4%). Aankondiging • Dec 03
BroadBand Tower, Inc. to Report Fiscal Year 2024 Results on Feb 07, 2025 BroadBand Tower, Inc. announced that they will report fiscal year 2024 results on Feb 07, 2025 Reported Earnings • Nov 02
Third quarter 2024 earnings released: EPS: JP¥1.22 (vs JP¥1.34 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥1.22 (up from JP¥1.34 loss in 3Q 2023). Revenue: JP¥3.13b (up 2.3% from 3Q 2023). Net income: JP¥75.0m (up JP¥157.0m from 3Q 2023). Profit margin: 2.4% (up from net loss in 3Q 2023). The move to profitability was primarily driven by lower expenses. 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 3% per year, which means it is significantly lagging earnings. Aankondiging • Sep 03
BroadBand Tower, Inc. to Report Q3, 2024 Results on Oct 31, 2024 BroadBand Tower, Inc. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 29% After last week's 29% share price decline to JP¥137, the stock trades at a trailing P/E ratio of 30.2x. Average trailing P/E is 17x in the IT industry in Japan. Total loss to shareholders of 33% over the past three years. Upcoming Dividend • Jun 20
Upcoming dividend of JP¥1.00 per share Eligible shareholders must have bought the stock before 27 June 2024. Payment date: 04 September 2024. Payout ratio is a comfortable 44% but the company is not cash flow positive. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.6%). Aankondiging • Jun 13
BroadBand Tower, Inc. to Report Q2, 2024 Results on Aug 07, 2024 BroadBand Tower, Inc. announced that they will report Q2, 2024 results on Aug 07, 2024 Valuation Update With 7 Day Price Move • May 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥281, the stock trades at a trailing P/E ratio of 62x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 21% over the past three years. Valuation Update With 7 Day Price Move • May 09
Investor sentiment improves as stock rises 46% After last week's 46% share price gain to JP¥276, the stock trades at a trailing P/E ratio of 60.9x. Average trailing P/E is 19x in the IT industry in Japan. Total returns to shareholders of 19% over the past three years. Reported Earnings • May 04
First quarter 2024 earnings released: EPS: JP¥1.94 (vs JP¥0.98 loss in 1Q 2023) First quarter 2024 results: EPS: JP¥1.94 (up from JP¥0.98 loss in 1Q 2023). Revenue: JP¥3.09b (down 12% from 1Q 2023). Net income: JP¥119.0m (up JP¥179.0m from 1Q 2023). Profit margin: 3.9% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Aankondiging • Feb 28
BroadBand Tower, Inc. to Report Q1, 2024 Results on May 02, 2024 BroadBand Tower, Inc. announced that they will report Q1, 2024 results on May 02, 2024 Aankondiging • Feb 11
BroadBand Tower, Inc., Annual General Meeting, Mar 19, 2024 BroadBand Tower, Inc., Annual General Meeting, Mar 19, 2024. Reported Earnings • Feb 11
Full year 2023 earnings released: EPS: JP¥1.62 (vs JP¥6.41 loss in FY 2022) Full year 2023 results: EPS: JP¥1.62 (up from JP¥6.41 loss in FY 2022). Revenue: JP¥13.2b (down 6.3% from FY 2022). Net income: JP¥99.0m (up JP¥490.0m from FY 2022). Profit margin: 0.7% (up from net loss in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. Aankondiging • Dec 28
BroadBand Tower, Inc. to Report Fiscal Year 2023 Results on Feb 09, 2024 BroadBand Tower, Inc. announced that they will report fiscal year 2023 results on Feb 09, 2024 Upcoming Dividend • Dec 21
Upcoming dividend of JP¥1.00 per share at 1.6% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 03 March 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (1.5%). New Risk • Nov 29
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 28% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥10.3b market cap, or US$69.7m). Aankondiging • Nov 29
HEROZ, Inc. (TSE:4382) agreed to acquire 50.1% stake in A.I. Squared, Inc. from BroadBand Tower,Media Do Corporation, Masaki Ishida and Akihito Ogino. HEROZ, Inc. (TSE:4382) agreed to acquire 50.1% stake in A.I. Squared, Inc. from BroadBand Tower,Media Do Corporation, Masaki Ishida and Akihito Ogino on November 24, 2023. A.I. Squared, Inc. Reported Total assets worth ¥128 million, Total Common equity of ¥93 million, Net sales of ¥340 million, Operating loss of ¥68 million and Net Loss of ¥71 million on June 2023. Transaction is expected to complete on November 30, 2023. Reported Earnings • Nov 04
Third quarter 2023 earnings released: JP¥1.34 loss per share (vs JP¥1.26 loss in 3Q 2022) Third quarter 2023 results: JP¥1.34 loss per share (further deteriorated from JP¥1.26 loss in 3Q 2022). Revenue: JP¥3.06b (down 20% from 3Q 2022). Net loss: JP¥82.0m (loss widened 6.5% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance. Aankondiging • Sep 06
BroadBand Tower, Inc. to Report Q3, 2023 Results on Nov 02, 2023 BroadBand Tower, Inc. announced that they will report Q3, 2023 results on Nov 02, 2023 Reported Earnings • Aug 08
Second quarter 2023 earnings released: JP¥0.44 loss per share (vs JP¥2.19 loss in 2Q 2022) Second quarter 2023 results: JP¥0.44 loss per share (improved from JP¥2.19 loss in 2Q 2022). Revenue: JP¥3.35b (down 7.1% from 2Q 2022). Net loss: JP¥27.0m (loss narrowed 80% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥1.00 per share at 1.3% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 04 September 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.6%). New Risk • Jun 21
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 5.3% 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: Major Risk Earnings have declined by 3.8% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.3% average weekly change). Market cap is less than US$100m (JP¥9.00b market cap, or US$63.5m). Aankondiging • Jun 07
BroadBand Tower, Inc. to Report Q2, 2023 Results on Aug 04, 2023 BroadBand Tower, Inc. announced that they will report Q2, 2023 results on Aug 04, 2023 Reported Earnings • May 03
First quarter 2023 earnings released: JP¥0.98 loss per share (vs JP¥11.49 profit in 1Q 2022) First quarter 2023 results: JP¥0.98 loss per share (down from JP¥11.49 profit in 1Q 2022). Revenue: JP¥3.50b (flat on 1Q 2022). Net loss: JP¥60.0m (down 109% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings. Reported Earnings • Feb 12
Full year 2022 earnings released: JP¥6.41 loss per share (vs JP¥0.05 loss in FY 2021) Full year 2022 results: JP¥6.41 loss per share (further deteriorated from JP¥0.05 loss in FY 2021). Revenue: JP¥14.1b (down 9.0% from FY 2021). Net loss: JP¥391.0m (loss widened JP¥388.0m from FY 2021). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Aankondiging • Feb 12
BroadBand Tower, Inc., Annual General Meeting, Mar 17, 2023 BroadBand Tower, Inc., Annual General Meeting, Mar 17, 2023. Aankondiging • Dec 28
BroadBand Tower, Inc. to Report Fiscal Year 2022 Results on Feb 10, 2023 BroadBand Tower, Inc. announced that they will report fiscal year 2022 results on Feb 10, 2023 Upcoming Dividend • Dec 22
Upcoming dividend of JP¥1.00 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 07 March 2023. 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 06
Third quarter 2022 earnings released: JP¥1.26 loss per share (vs JP¥3.29 loss in 3Q 2021) Third quarter 2022 results: JP¥1.26 loss per share (improved from JP¥3.29 loss in 3Q 2021). Revenue: JP¥3.83b (up 1.5% from 3Q 2021). Net loss: JP¥77.0m (loss narrowed 61% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Aankondiging • Aug 31
BroadBand Tower, Inc. to Report Q3, 2022 Results on Nov 04, 2022 BroadBand Tower, Inc. announced that they will report Q3, 2022 results on Nov 04, 2022 Reported Earnings • Aug 08
Second quarter 2022 earnings released: JP¥2.19 loss per share (vs JP¥1.07 loss in 2Q 2021) Second quarter 2022 results: JP¥2.19 loss per share (down from JP¥1.07 loss in 2Q 2021). Revenue: JP¥3.60b (down 5.4% from 2Q 2021). Net loss: JP¥134.0m (loss widened 109% from 2Q 2021). Aankondiging • Jun 29
BroadBand Tower, Inc. to Report Q2, 2022 Results on Aug 05, 2022 BroadBand Tower, Inc. announced that they will report Q2, 2022 results on Aug 05, 2022 Upcoming Dividend • Jun 22
Upcoming dividend of JP¥1.00 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 05 September 2022. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.7%). Reported Earnings • May 11
First quarter 2022 earnings released: EPS: JP¥11.49 (vs JP¥2.02 in 1Q 2021) First quarter 2022 results: EPS: JP¥11.49 (up from JP¥2.02 in 1Q 2021). Revenue: JP¥3.53b (down 12% from 1Q 2021). Net income: JP¥697.0m (up 476% from 1Q 2021). Profit margin: 20% (up from 3.0% in 1Q 2021). Aankondiging • Apr 07
BroadBand Tower, Inc. to Report Q1, 2022 Results on May 06, 2022 BroadBand Tower, Inc. announced that they will report Q1, 2022 results on May 06, 2022 Aankondiging • Feb 12
BroadBand Tower, Inc., Annual General Meeting, Mar 22, 2022 BroadBand Tower, Inc., Annual General Meeting, Mar 22, 2022. Reported Earnings • Feb 12
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: JP¥0.05 loss per share (down from JP¥5.72 profit in FY 2020). Revenue: JP¥15.5b (down 3.4% from FY 2020). Net loss: JP¥3.00m (down 101% from profit in FY 2020). Profit margin: 0% (down from 2.1% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Aankondiging • Dec 23
BroadBand Tower, Inc. (JASDAQ:3776) along with Internet Research Institute, Inc. agreed to acquire 36.45% stake in Mobile Internet Capital Inc. for approximately ¥310 million. BroadBand Tower, Inc. (JASDAQ:3776) along with Internet Research Institute, Inc. agreed to acquire 36.45% stake in Mobile Internet Capital Inc. for approximately ¥310 million on December 21, 2021. Mobile Internet Capital reported net assets as ¥1.09 billion, total assets as ¥1.2 billion, sales as approximately ¥650 million and net income as approximately ¥210 million for the period end on March 2021. The transaction has been resolved by the board of directors of BroadBand Tower. Execution date of share transfer is December 23, 2021. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥1.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 05 March 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (1.3%). Reported Earnings • Nov 07
Third quarter 2021 earnings released: JP¥3.29 loss per share (vs JP¥1.22 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings and control over costs, although revenues were flat. Third quarter 2021 results: Revenue: JP¥3.77b (flat on 3Q 2020). Net loss: JP¥197.0m (down 370% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 14% per year. Reported Earnings • Aug 11
Second quarter 2021 earnings released: JP¥1.07 loss per share (vs JP¥1.36 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: JP¥3.81b (down 2.2% from 2Q 2020). Net loss: JP¥64.0m (down 179% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 4% per year. Upcoming Dividend • Jun 23
Upcoming dividend of JP¥1.00 per share Eligible shareholders must have bought the stock before 29 June 2021. Payment date: 04 September 2021. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.1%). Lower than average of industry peers (1.4%). Reported Earnings • May 09
First quarter 2021 earnings released: EPS JP¥2.02 (vs JP¥3.77 in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥4.02b (down 16% from 1Q 2020). Net income: JP¥121.0m (down 46% from 1Q 2020). Profit margin: 3.0% (down from 4.7% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Aankondiging • Feb 28
BroadBand Tower, Inc. to Report Q1, 2021 Results on May 07, 2021 BroadBand Tower, Inc. announced that they will report Q1, 2021 results on May 07, 2021 Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment deteriorated over the past week After last week's 29% share price decline to JP¥272, the stock is trading at a trailing P/E ratio of 47.5x, down from the previous P/E ratio of 67.3x. 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 47%. Reported Earnings • Feb 14
Full year 2020 earnings released: EPS JP¥5.72 (vs JP¥16.32 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥16.1b (up 9.7% from FY 2019). Net income: JP¥342.0m (up JP¥1.25b from FY 2019). Profit margin: 2.1% (up from net loss in FY 2019). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Aankondiging • Feb 12
BroadBand Tower, Inc., Annual General Meeting, Mar 19, 2021 BroadBand Tower, Inc., Annual General Meeting, Mar 19, 2021. Is New 90 Day High Low • Feb 12
New 90-day low: JP¥305 The company is down 26% from its price of JP¥414 on 13 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 9.0% over the same period. Is New 90 Day High Low • Dec 16
New 90-day low: JP¥349 The company is down 18% from its price of JP¥425 on 17 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 3.0% over the same period. Aankondiging • Dec 05
BroadBand Tower, Inc. to Report Fiscal Year 2020 Results on Feb 10, 2021 BroadBand Tower, Inc. announced that they will report fiscal year 2020 results on Feb 10, 2021 Reported Earnings • Nov 09
Third quarter 2020 earnings released: EPS JP¥1.22 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: JP¥3.75b (down 1.9% from 3Q 2019). Net income: JP¥73.0m (up JP¥456.0m from 3Q 2019). Profit margin: 1.9% (up from net loss in 3Q 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 71% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.