Upcoming Dividend • Mar 23
Upcoming dividend of JP¥65.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 09 June 2026. Payout ratio is a comfortable 44% but the company is paying out more than the cash it is generating. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.3%). Buy Or Sell Opportunity • Feb 27
Now 20% overvalued Over the last 90 days, the stock has fallen 11% to JP¥3,710. The fair value is estimated to be JP¥3,082, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has grown by 6.8%. Revenue is forecast to grow by 8.5% in 2 years. Earnings are forecast to grow by 5.6% in the next 2 years. Reported Earnings • Feb 10
Third quarter 2026 earnings released: EPS: JP¥78.63 (vs JP¥72.01 in 3Q 2025) Third quarter 2026 results: EPS: JP¥78.63 (up from JP¥72.01 in 3Q 2025). Revenue: JP¥10.3b (up 6.7% from 3Q 2025). Net income: JP¥1.10b (up 9.2% from 3Q 2025). Profit margin: 11% (in line with 3Q 2025). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software 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 3% per year, which means it is significantly lagging earnings. Aankondiging • Dec 19
Alpha Systems Inc. to Report Q3, 2026 Results on Feb 09, 2026 Alpha Systems Inc. announced that they will report Q3, 2026 results on Feb 09, 2026 Declared Dividend • Dec 06
First half dividend of JP¥65.00 announced Shareholders will receive a dividend of JP¥65.00. Ex-date: 30th March 2026 Payment date: 9th June 2026 Dividend yield will be 3.1%, which is higher than the industry average of 1.4%. Sustainability & Growth The dividend has increased by an average of 26% per year over the past 4 years and payments have been stable during that time. Reported Earnings • Nov 08
Second quarter 2026 earnings released: EPS: JP¥61.54 (vs JP¥58.27 in 2Q 2025) Second quarter 2026 results: EPS: JP¥61.54 (up from JP¥58.27 in 2Q 2025). Revenue: JP¥9.97b (up 7.9% from 2Q 2025). Net income: JP¥864.0m (up 5.6% from 2Q 2025). Profit margin: 8.7% (down from 8.9% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥60.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 08 December 2025. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%). Aankondiging • Sep 19
Alpha Systems Inc. to Report Q2, 2026 Results on Nov 07, 2025 Alpha Systems Inc. announced that they will report Q2, 2026 results on Nov 07, 2025 Reported Earnings • Aug 07
First quarter 2026 earnings released: EPS: JP¥58.55 (vs JP¥46.80 in 1Q 2025) First quarter 2026 results: EPS: JP¥58.55 (up from JP¥46.80 in 1Q 2025). Revenue: JP¥9.60b (up 7.9% from 1Q 2025). Net income: JP¥822.0m (up 25% from 1Q 2025). Profit margin: 8.6% (up from 7.4% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Declared Dividend • Jul 09
Final dividend increased to JP¥60.00 Dividend of JP¥60.00 is 20% higher than last year. Ex-date: 29th September 2025 Payment date: 8th December 2025 Dividend yield will be 3.8%, which is higher than the industry average of 1.4%. Sustainability & Growth The dividend has increased by an average of 36% per year over the past 3 years and payments have been stable during that time. Board Change • Jul 03
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. 6 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Outside Director Junichi Jozuka was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Aankondiging • Jun 27
Alpha Systems Inc. to Report Q1, 2026 Results on Aug 05, 2025 Alpha Systems Inc. announced that they will report Q1, 2026 results on Aug 05, 2025 Reported Earnings • May 13
Full year 2025 earnings released: EPS: JP¥229 (vs JP¥217 in FY 2024) Full year 2025 results: EPS: JP¥229 (up from JP¥217 in FY 2024). Revenue: JP¥38.5b (up 5.8% from FY 2024). Net income: JP¥3.21b (up 5.5% from FY 2024). Profit margin: 8.3% (down from 8.4% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Aankondiging • Mar 22
Alpha Systems Inc. to Report Fiscal Year 2025 Results on May 12, 2025 Alpha Systems Inc. announced that they will report fiscal year 2025 results on May 12, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥75.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 09 June 2025. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: JP¥72.01 (vs JP¥67.74 in 3Q 2024) Third quarter 2025 results: EPS: JP¥72.01 (up from JP¥67.74 in 3Q 2024). Revenue: JP¥9.65b (up 5.1% from 3Q 2024). Net income: JP¥1.01b (up 6.3% from 3Q 2024). Profit margin: 11% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Aankondiging • Dec 21
Alpha Systems Inc. to Report Q3, 2025 Results on Feb 10, 2025 Alpha Systems Inc. announced that they will report Q3, 2025 results on Feb 10, 2025 Declared Dividend • Dec 07
First half dividend of JP¥50.00 announced Shareholders will receive a dividend of JP¥50.00. Ex-date: 28th March 2025 Payment date: 9th June 2025 Dividend yield will be 2.9%, which is higher than the industry average of 1.4%. Sustainability & Growth The dividend has increased by an average of 12% per year over the past 3 years and payments have been stable during that time. Reported Earnings • Nov 09
Second quarter 2025 earnings released: EPS: JP¥58.27 (vs JP¥57.20 in 2Q 2024) Second quarter 2025 results: EPS: JP¥58.27 (up from JP¥57.20 in 2Q 2024). Revenue: JP¥9.24b (flat on 2Q 2024). Net income: JP¥818.0m (up 1.9% from 2Q 2024). Profit margin: 8.9% (up from 8.8% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Aankondiging • Sep 21
Alpha Systems Inc. to Report Q2, 2025 Results on Nov 08, 2024 Alpha Systems Inc. announced that they will report Q2, 2025 results on Nov 08, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 06 December 2024. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.2%). Reported Earnings • Aug 07
First quarter 2025 earnings released: EPS: JP¥46.80 (vs JP¥41.39 in 1Q 2024) First quarter 2025 results: EPS: JP¥46.80 (up from JP¥41.39 in 1Q 2024). Revenue: JP¥8.90b (up 4.9% from 1Q 2024). Net income: JP¥657.0m (up 13% from 1Q 2024). Profit margin: 7.4% (up from 6.8% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. New Risk • Aug 05
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 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.2% average weekly change). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥2,455, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 20x in the Software industry in Japan. Total loss to shareholders of 32% over the past three years. Declared Dividend • Jul 11
Final dividend of JP¥50.00 announced Shareholders will receive a dividend of JP¥50.00. Ex-date: 27th September 2024 Payment date: 6th December 2024 Dividend yield will be 3.7%, which is higher than the industry average of 1.4%. Sustainability & Growth The dividend has increased by an average of 18% per year over the past 2 years and payments have been stable during that time. Aankondiging • Jun 27
Alpha Systems Inc. to Report Q1, 2025 Results on Aug 05, 2024 Alpha Systems Inc. announced that they will report Q1, 2025 results on Aug 05, 2024 Reported Earnings • May 16
Full year 2024 earnings released: EPS: JP¥217 (vs JP¥208 in FY 2023) Full year 2024 results: EPS: JP¥217 (up from JP¥208 in FY 2023). Revenue: JP¥36.4b (up 2.3% from FY 2023). Net income: JP¥3.05b (up 4.4% from FY 2023). Profit margin: 8.4% (up from 8.2% in FY 2023). The increase in margin was driven by higher revenue. 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 8% per year, which means it is significantly lagging earnings. Aankondiging • May 15
Alpha Systems Inc., Annual General Meeting, Jun 27, 2024 Alpha Systems Inc., Annual General Meeting, Jun 27, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥65.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.3%). Aankondiging • Mar 20
Alpha Systems Inc. to Report Fiscal Year 2024 Results on May 13, 2024 Alpha Systems Inc. announced that they will report fiscal year 2024 results on May 13, 2024 Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: JP¥67.74 (vs JP¥51.71 in 3Q 2023) Third quarter 2024 results: EPS: JP¥67.74 (up from JP¥51.71 in 3Q 2023). Revenue: JP¥9.19b (up 2.5% from 3Q 2023). Net income: JP¥951.0m (up 31% from 3Q 2023). Profit margin: 10% (up from 8.1% in 3Q 2023). 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 • Dec 16
Alpha Systems Inc. to Report Q3, 2024 Results on Feb 08, 2024 Alpha Systems Inc. announced that they will report Q3, 2024 results on Feb 08, 2024 Reported Earnings • Nov 08
Second quarter 2024 earnings released: EPS: JP¥57.20 (vs JP¥53.42 in 2Q 2023) Second quarter 2024 results: EPS: JP¥57.20 (up from JP¥53.42 in 2Q 2023). Revenue: JP¥9.17b (up 3.6% from 2Q 2023). Net income: JP¥803.0m (up 7.1% from 2Q 2023). Profit margin: 8.8% (up from 8.5% in 2Q 2023). The increase in margin was driven by higher revenue. 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 5% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥35.00 per share at 2.5% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 06 December 2023. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.7%). Aankondiging • Sep 17
Alpha Systems Inc. to Report Q2, 2024 Results on Nov 07, 2023 Alpha Systems Inc. announced that they will report Q2, 2024 results on Nov 07, 2023 Reported Earnings • Aug 08
First quarter 2024 earnings released: EPS: JP¥41.38 (vs JP¥48.58 in 1Q 2023) First quarter 2024 results: EPS: JP¥41.38 (down from JP¥48.58 in 1Q 2023). Revenue: JP¥8.49b (flat on 1Q 2023). Net income: JP¥581.0m (down 15% from 1Q 2023). Profit margin: 6.8% (down from 8.0% in 1Q 2023). 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 8% per year, which means it is significantly lagging earnings. Aankondiging • Jun 18
Alpha Systems Inc. to Report Q1, 2024 Results on Aug 07, 2023 Alpha Systems Inc. announced that they will report Q1, 2024 results on Aug 07, 2023 Valuation Update With 7 Day Price Move • May 19
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥3,525, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 23x in the Software industry in Japan. Total loss to shareholders of 4.5% over the past three years. Aankondiging • May 17
Alpha Systems Inc., Annual General Meeting, Jun 29, 2023 Alpha Systems Inc., Annual General Meeting, Jun 29, 2023. Reported Earnings • May 16
Full year 2023 earnings released: EPS: JP¥208 (vs JP¥199 in FY 2022) Full year 2023 results: EPS: JP¥208 (up from JP¥199 in FY 2022). Revenue: JP¥35.5b (up 4.9% from FY 2022). Net income: JP¥2.92b (up 4.7% from FY 2022). Profit margin: 8.2% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥35.00 per share at 1.8% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 09 June 2023. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (1.7%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥51.71 (vs JP¥48.58 in 3Q 2022) Third quarter 2023 results: EPS: JP¥51.71 (up from JP¥48.58 in 3Q 2022). Revenue: JP¥8.97b (up 5.5% from 3Q 2022). Net income: JP¥726.0m (up 6.5% from 3Q 2022). Profit margin: 8.1% (up from 8.0% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 12% per year. Aankondiging • Dec 18
Alpha Systems Inc. to Report Q3, 2023 Results on Feb 07, 2023 Alpha Systems Inc. announced that they will report Q3, 2023 results on Feb 07, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥53.42 (vs JP¥48.08 in 2Q 2022) Second quarter 2023 results: EPS: JP¥53.42 (up from JP¥48.08 in 2Q 2022). Revenue: JP¥8.85b (up 7.6% from 2Q 2022). Net income: JP¥750.0m (up 11% from 2Q 2022). Profit margin: 8.5% (up from 8.2% in 2Q 2022). The increase in margin was driven by higher revenue. 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 15% per year. Reported Earnings • Nov 10
Second quarter 2023 earnings released: EPS: JP¥53.42 (vs JP¥48.08 in 2Q 2022) Second quarter 2023 results: EPS: JP¥53.42 (up from JP¥48.08 in 2Q 2022). Revenue: JP¥8.85b (up 7.6% from 2Q 2022). Net income: JP¥750.0m (up 11% from 2Q 2022). Profit margin: 8.5% (up from 8.2% in 2Q 2022). The increase in margin was driven by higher revenue. 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 15% per year. Buying Opportunity • Sep 28
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 6.1%. The fair value is estimated to be JP¥5,021, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 12%. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.8%). Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥48.58 (vs JP¥47.51 in 1Q 2022) First quarter 2023 results: EPS: JP¥48.58 (up from JP¥47.51 in 1Q 2022). Revenue: JP¥8.54b (up 6.9% from 1Q 2022). Net income: JP¥682.0m (up 2.2% from 1Q 2022). Profit margin: 8.0% (down from 8.4% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 11
Full year 2022 earnings released: EPS: JP¥199 (vs JP¥162 in FY 2021) Full year 2022 results: EPS: JP¥199 (up from JP¥162 in FY 2021). Revenue: JP¥33.9b (up 8.2% from FY 2021). Net income: JP¥2.79b (up 22% from FY 2021). Profit margin: 8.2% (up from 7.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 11% per year. Buying Opportunity • Apr 01
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be JP¥5,104, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 9.9%. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥55.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 09 June 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.8%). Reported Earnings • Feb 08
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥48.57 (up from JP¥38.18 in 3Q 2021). Revenue: JP¥8.50b (up 13% from 3Q 2021). Net income: JP¥682.0m (up 27% from 3Q 2021). Profit margin: 8.0% (up from 7.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 12% per year. Reported Earnings • Nov 07
Second quarter 2022 earnings released: EPS JP¥48.08 (vs JP¥38.89 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥8.22b (up 8.8% from 2Q 2021). Net income: JP¥675.0m (up 24% from 2Q 2021). Profit margin: 8.2% (up from 7.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 22
Inaugural dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 07 December 2021. The company last paid an ordinary dividend in May 2012. The average dividend yield among industry peers is 1.3%. Reported Earnings • Aug 09
First quarter 2022 earnings released: EPS JP¥47.51 (vs JP¥31.77 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥7.99b (up 15% from 1Q 2021). Net income: JP¥667.0m (up 50% from 1Q 2021). Profit margin: 8.4% (up from 6.4% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 12
Full year 2021 earnings released: EPS JP¥162 (vs JP¥163 in FY 2020) The company reported a mediocre full year result with weaker profit margins, although earnings were flat and revenues improved. Full year 2021 results: Revenue: JP¥31.3b (up 1.6% from FY 2020). Net income: JP¥2.28b (flat on FY 2020). Profit margin: 7.3% (down from 7.4% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 23
Inaugural dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 08 June 2021. The company last paid an ordinary dividend in May 2012. The average dividend yield among industry peers is 1.3%. Is New 90 Day High Low • Feb 08
New 90-day high: JP¥3,860 The company is up 16% from its price of JP¥3,320 on 10 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 1.0% over the same period. Reported Earnings • Feb 07
Third quarter 2021 earnings released: EPS JP¥38.17 (vs JP¥38.68 in 3Q 2020) The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: JP¥7.51b (flat on 3Q 2020). Net income: JP¥536.0m (down 1.3% from 3Q 2020). Profit margin: 7.1% (down from 7.2% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Jan 08
New 90-day high: JP¥3,670 The company is up 4.0% from its price of JP¥3,535 on 09 October 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is up 3.0% over the same period.