Aankondiging • May 10
Gunosy Inc. to Report Fiscal Year 2026 Results on Jul 15, 2026 Gunosy Inc. announced that they will report fiscal year 2026 results on Jul 15, 2026 Reported Earnings • Apr 16
Third quarter 2026 earnings released: EPS: JP¥4.89 (vs JP¥2.96 in 3Q 2025) Third quarter 2026 results: EPS: JP¥4.89 (up from JP¥2.96 in 3Q 2025). Revenue: JP¥1.71b (up 13% from 3Q 2025). Net income: JP¥117.0m (up 65% from 3Q 2025). Profit margin: 6.9% (up from 4.7% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat 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 84% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Aankondiging • Apr 07
Gunosy Inc. to Report Q3, 2026 Results on Apr 14, 2026 Gunosy Inc. announced that they will report Q3, 2026 results on Apr 14, 2026 New Risk • Jan 26
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 7.3% 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. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 7.3% per year for the foreseeable future. Minor Risks Dividend is not well covered by earnings (192% payout ratio). Market cap is less than US$100m (JP¥13.7b market cap, or US$89.2m). Declared Dividend • Jan 15
Dividend of JP¥22.00 announced Shareholders will receive a dividend of JP¥22.00. Ex-date: 28th May 2026 Payment date: 31st August 2026 Dividend yield will be 3.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not covered by earnings (192% earnings payout ratio). However, it is covered by cash flows (55% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to grow by 113% to bring the payout ratio under control. EPS is expected to grow by 11% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • Jan 14
Second quarter 2026 earnings released: EPS: JP¥4.64 (vs JP¥6.58 in 2Q 2025) Second quarter 2026 results: EPS: JP¥4.64 (down from JP¥6.58 in 2Q 2025). Revenue: JP¥1.60b (up 6.6% from 2Q 2025). Net income: JP¥111.0m (down 30% from 2Q 2025). Profit margin: 6.9% (down from 11% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.4% 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 58% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Major Estimate Revision • Nov 26
Consensus revenue estimates fall by 11% The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥7.90b to JP¥7.00b. EPS estimate fell from JP¥18.70 to JP¥12.50 per share. Net income forecast to grow 8.7% next year vs 22% growth forecast for Software industry in Japan. Consensus price target of JP¥550 unchanged from last update. Share price was steady at JP¥566 over the past week. Aankondiging • Nov 01
Gunosy Inc. to Report Q2, 2026 Results on Jan 13, 2026 Gunosy Inc. announced that they will report Q2, 2026 results on Jan 13, 2026 Board Change • Oct 20
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Hitomi Iba was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 16
First quarter 2026 earnings released: JP¥1.00 loss per share (vs JP¥9.27 loss in 1Q 2025) First quarter 2026 results: JP¥1.00 loss per share (improved from JP¥9.27 loss in 1Q 2025). Revenue: JP¥1.68b (up 6.7% from 1Q 2025). Net loss: JP¥24.0m (loss narrowed 89% from 1Q 2025). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. New Risk • Oct 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.2b (US$99.5m) 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: Major Risk Dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Market cap is less than US$100m (JP¥15.2b market cap, or US$99.5m). Reported Earnings • Sep 02
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: JP¥3.25 (up from JP¥49.32 loss in FY 2024). Revenue: JP¥6.10b (down 17% from FY 2024). Net income: JP¥78.0m (up JP¥1.26b from FY 2024). Profit margin: 1.3% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 56%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Major Estimate Revision • Aug 16
Consensus revenue estimates increase by 30%, EPS downgraded The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from JP¥6.10b to JP¥7.90b. EPS estimate fell from JP¥19.10 to JP¥18.70. Net income forecast to grow 477% next year vs 22% growth forecast for Software industry in Japan. Consensus price target of JP¥550 unchanged from last update. Share price was steady at JP¥671 over the past week. Aankondiging • Jul 26
Gunosy Inc. to Report Q1, 2026 Results on Oct 15, 2025 Gunosy Inc. announced that they will report Q1, 2026 results on Oct 15, 2025 Aankondiging • Jul 15
Gunosy Inc. (TSE:6047) announces an Equity Buyback for 250,000 shares, representing 1.04% for ¥110 million. Gunosy Inc. (TSE:6047) announces a share repurchase program. Under the program, the company will repurchase 250,000 shares, representing 1.04% of the outstanding shares for ¥110 million. The purpose of the program is to continuous improvement of Earnings Per Share (EPS) and Return on Equity (ROE), while taking into account that the Company's stock price has been trending at levels considered undervalued relative to the Company's potential value. The repurchases will be funded using cash flow from stabilized existing businesses and proceeds from investment activities as resources. The program will run until August 31, 2025. As of May 31, 2025, the company had 24,098,521 shares (excluding treasury shares) and 139,253 shares in treasury. Reported Earnings • Jul 15
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: JP¥3.25 (up from JP¥49.32 loss in FY 2024). Revenue: JP¥6.10b (down 17% from FY 2024). Net income: JP¥78.0m (up JP¥1.26b from FY 2024). Profit margin: 1.3% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 56%. Revenue is forecast to stay flat during the next 3 years compared to a 11% growth forecast for the Software industry in Japan. 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 3% per year, which means it is well ahead of earnings. Aankondiging • Jul 14
Gunosy Inc., Annual General Meeting, Aug 28, 2025 Gunosy Inc., Annual General Meeting, Aug 28, 2025. Aankondiging • May 24
Gunosy Inc. (TSE:6047) Completed the acquisition of G-HOLDINGS Co., Ltd. Gunosy Inc. (TSE:6047) agreed to acquire G-HOLDINGS Co., Ltd. for ¥1 billion on May 13, 2025. A cash consideration of ¥1 billion will be paid by Gunosy Inc. As part of consideration, ¥1 billion is paid towards common equity of G-HOLDINGS Co., Ltd.
For the period ending May 31, 2024, G-HOLDINGS Co., Ltd. reported total revenue of ¥1 billion, EBIT of ¥35 million and net income of ¥26 million. As of May 31, 2024, G-HOLDINGS Co., Ltd. reported total assets of ¥821 million and total common equity of ¥214 million.
The expected completion of the transaction is Late May 2025.
Gunosy Inc. (TSE:6047) Completed the acquisition of G-HOLDINGS Co., Ltd. on May 23, 2025. Aankondiging • May 01
Gunosy Inc. to Report Fiscal Year 2025 Results on Jul 14, 2025 Gunosy Inc. announced that they will report fiscal year 2025 results on Jul 14, 2025 Reported Earnings • Apr 15
Third quarter 2025 earnings released: EPS: JP¥11.16 (vs JP¥4.36 in 3Q 2024) Third quarter 2025 results: EPS: JP¥11.16 (up from JP¥4.36 in 3Q 2024). Revenue: JP¥1.56b (down 19% from 3Q 2024). Net income: JP¥268.0m (up 155% from 3Q 2024). Profit margin: 17% (up from 5.5% in 3Q 2024). Revenue is forecast to grow 2.0% 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 fallen by 40% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Mar 28
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.6% to JP¥678. The fair value is estimated to be JP¥848, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.6% over the last 3 years. Meanwhile, the company became loss making. New Risk • Mar 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 5.5% 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. This is currently the only risk that has been identified for the company. Aankondiging • Mar 19
Gunosy Inc. Provides Initial Dividend Guidance for the Year Ending May 2025 Gunosy Inc. provided initial dividend guidance for the year ending May 2025. For the period, the company expects to pay JPY 18.30 per share. This matter will be proposed for approval at the Company's 13th Annual General Meeting of Shareholders scheduled to be held on August 28, 2025. Aankondiging • Feb 03
Gunosy Inc. to Report Q3, 2025 Results on Apr 14, 2025 Gunosy Inc. announced that they will report Q3, 2025 results on Apr 14, 2025 Reported Earnings • Jan 15
Second quarter 2025 earnings released: EPS: JP¥6.58 (vs JP¥12.63 loss in 2Q 2024) Second quarter 2025 results: EPS: JP¥6.58 (up from JP¥12.63 loss in 2Q 2024). Revenue: JP¥1.50b (down 19% from 2Q 2024). Net income: JP¥158.0m (up JP¥462.0m from 2Q 2024). Profit margin: 11% (up from net loss in 2Q 2024). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Software industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. New Risk • Jan 15
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.8b (US$100.0m) 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. This is currently the only risk that has been identified for the company. Aankondiging • Oct 26
Gunosy Inc. to Report Q2, 2025 Results on Jan 14, 2025 Gunosy Inc. announced that they will report Q2, 2025 results on Jan 14, 2025 Buy Or Sell Opportunity • Oct 25
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to JP¥682. The fair value is estimated to be JP¥854, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.2% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 10% in a year. Earnings are forecast to grow by 69% in the next year. Reported Earnings • Oct 18
First quarter 2025 earnings released: JP¥9.27 loss per share (vs JP¥29.73 loss in 1Q 2024) First quarter 2025 results: JP¥9.27 loss per share (improved from JP¥29.73 loss in 1Q 2024). Revenue: JP¥1.57b (down 16% from 1Q 2024). Net loss: JP¥222.0m (loss narrowed 69% from 1Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 10% growth forecast for the Software industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. Aankondiging • Aug 28
Gunosy Inc. to Report Q1, 2025 Results on Oct 15, 2024 Gunosy Inc. announced that they will report Q1, 2025 results on Oct 15, 2024 Price Target Changed • Aug 07
Price target decreased by 18% to JP¥700 Down from JP¥850, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥725. Stock is up 22% over the past year. The company is forecast to post a net loss per share of JP¥12.50 next year compared to a net loss per share of JP¥49.32 last year. Major Estimate Revision • Aug 07
Consensus EPS estimates upgraded to JP¥12.50 loss, revenue downgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from JP¥6.70b to JP¥6.30b. 2025 losses expected to reduce from -JP¥28.20 to -JP¥12.50 per share. Software industry in Japan expected to see average net income growth of 15% next year. Consensus price target down from JP¥850 to JP¥700. Share price fell 14% to JP¥725 over the past week. New Risk • Aug 05
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.1b (US$99.3m) 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: Major Risk Share price has been highly volatile over the past 3 months (8.6% average weekly change). Minor Risk Market cap is less than US$100m (JP¥14.1b market cap, or US$99.3m). Aankondiging • Jul 31
Gunosy Inc. Provides Consolidated and Non-Consolidated Earnings Guidance for the Year Ending May 31, 2025 Gunosy Inc. provided consolidated and non-consolidated earnings guidance for the year ending May 31, 2025. For the year ending May 31, 2025, on consolidated basis, the company expects net sales of JPY 6,300 million, operating profit of JPY 450 million and loss attributable to owners of parent of JPY 308 million or JPY 12.85 per basic share.
For the year ending May 31, 2025, on non-consolidated basis, the company expects net sales of JPY 3,730 million and profit of JPY 76 million or JPY 3.17 per basic share. Reported Earnings • Jul 16
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: JP¥49.32 loss per share (further deteriorated from JP¥47.96 loss in FY 2023). Revenue: JP¥7.34b (down 8.8% from FY 2023). Net loss: JP¥1.19b (loss widened 3.1% from FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.5%. Revenue is forecast to stay flat during the next 3 years compared to a 10% growth forecast for the Software industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance. Aankondiging • Jul 13
Gunosy Inc., Annual General Meeting, Aug 23, 2024 Gunosy Inc., Annual General Meeting, Aug 23, 2024. Aankondiging • May 03
Gunosy Inc. to Report Fiscal Year 2024 Results on Jul 12, 2024 Gunosy Inc. announced that they will report fiscal year 2024 results on Jul 12, 2024 Reported Earnings • Apr 14
Third quarter 2024 earnings released: EPS: JP¥4.36 (vs JP¥13.83 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥4.36 (up from JP¥13.83 loss in 3Q 2023). Revenue: JP¥1.92b (down 9.3% from 3Q 2023). Net income: JP¥105.0m (up JP¥437.0m from 3Q 2023). Profit margin: 5.5% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance. Aankondiging • Apr 12
Gunosy Inc. (TSE:6047) announces an Equity Buyback for 180,000 shares, representing 0.75% for ¥100 million. Gunosy Inc. (TSE:6047) announces a share repurchase program. Under the program, the company will repurchase 180,000 shares, representing 0.75% of the outstanding shares for ¥100 million. The purpose of the program is to return a portion of the sale proceeds generated from investment activities to shareholders. The program will run until May 15, 2024. New Risk • Mar 14
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 8.4% 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. This is currently the only risk that has been identified for the company. Major Estimate Revision • Feb 01
Consensus EPS estimates fall by 37% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥7.80b to JP¥7.20b. Losses expected to increase from JP¥50.00 per share to JP¥68.60. Software industry in Japan expected to see average net income growth of 18% next year. Consensus price target down from JP¥900 to JP¥800. Share price rose 2.8% to JP¥695 over the past week. Price Target Changed • Jan 31
Price target decreased by 11% to JP¥800 Down from JP¥900, the current price target is provided by 1 analyst. New target price is 14% above last closing price of JP¥702. Stock is up 7.3% over the past year. The company is forecast to post a net loss per share of JP¥68.60 next year compared to a net loss per share of JP¥47.96 last year. Aankondiging • Jan 28
Gunosy Inc. to Report Q3, 2024 Results on Apr 12, 2024 Gunosy Inc. announced that they will report Q3, 2024 results on Apr 12, 2024 Reported Earnings • Jan 16
Second quarter 2024 earnings released: JP¥12.63 loss per share (vs JP¥22.69 loss in 2Q 2023) Second quarter 2024 results: JP¥12.63 loss per share (improved from JP¥22.69 loss in 2Q 2023). Revenue: JP¥1.85b (down 7.6% from 2Q 2023). Net loss: JP¥304.0m (loss narrowed 44% from 2Q 2023). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 126 percentage points per year, which is a significant difference in performance. Aankondiging • Nov 01
Gunosy Inc. to Report Q2, 2024 Results on Jan 15, 2024 Gunosy Inc. announced that they will report Q2, 2024 results on Jan 15, 2024 Reported Earnings • Oct 15
First quarter 2024 earnings released: JP¥29.73 loss per share (vs JP¥16.06 profit in 1Q 2023) First quarter 2024 results: JP¥29.73 loss per share (down from JP¥16.06 profit in 1Q 2023). Revenue: JP¥1.88b (down 2.4% from 1Q 2023). Net loss: JP¥714.0m (down 286% from profit in 1Q 2023). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance. New Risk • Oct 06
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 6.7% 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. This is currently the only risk that has been identified for the company. Major Estimate Revision • Aug 08
Consensus EPS estimates fall by 300% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥8.60b to JP¥7.80b. Losses expected to increase from JP¥12.50 per share to JP¥50.00. Software industry in Japan expected to see average net income growth of 16% next year. Consensus price target of JP¥900 unchanged from last update. Share price was steady at JP¥594 over the past week. Aankondiging • Aug 04
Gunosy Inc. Provides Consolidated and Non-Consolidated Earnings Guidance for the Year Ending May 31, 2024 Gunosy Inc. provided consolidated and non-consolidated earnings guidance for the year ending May 31, 2024. For the year ending May 31, 2024, on consolidated basis, the company expects net sales of JPY 7,880 million, operating loss of JPY 500 million and loss attributable to owners of parent of JPY 1,070 million or JPY 44.57 per basic share.For the year ending May 31, 2024, on non-consolidated basis, the company expects net sales of JPY 5,158 million and loss of JPY 624 million or JPY 26.02 per basic share. Aankondiging • Aug 03
Gunosy Inc. to Report Q1, 2024 Results on Oct 13, 2023 Gunosy Inc. announced that they will report Q1, 2024 results on Oct 13, 2023 Aankondiging • Jul 16
Gunosy Inc., Annual General Meeting, Aug 25, 2023 Gunosy Inc., Annual General Meeting, Aug 25, 2023. Reported Earnings • Jul 16
Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2023 results: JP¥47.96 loss per share (down from JP¥5.47 profit in FY 2022). Revenue: JP¥8.05b (down 11% from FY 2022). Net loss: JP¥1.15b (down JP¥1.28b from profit in FY 2022). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) exceeded analyst estimates by 4.2%. 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. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Major Estimate Revision • May 03
Consensus EPS estimates fall by 199% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from JP¥9.26b to JP¥8.40b. Losses expected to increase from JP¥16.75 per share to JP¥50.10. Software industry in Japan expected to see average net income growth of 18% next year. Consensus price target down from JP¥900 to JP¥750. Share price was steady at JP¥599 over the past week. Reported Earnings • Apr 16
Third quarter 2023 earnings released: JP¥13.83 loss per share (vs JP¥0.55 profit in 3Q 2022) Third quarter 2023 results: JP¥13.83 loss per share (down from JP¥0.55 profit in 3Q 2022). Revenue: JP¥2.12b (down 4.4% from 3Q 2022). Net loss: JP¥332.0m (down JP¥345.0m from profit in 3Q 2022). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Major Estimate Revision • Feb 16
Consensus revenue estimates fall by 11% The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from JP¥9.19b to JP¥8.20b. Forecast loss of -JP¥50.10, down from profit of JP¥17.70 per share profit previously. Software industry in Japan expected to see average net income growth of 16% next year. Consensus price target down from JP¥1,000 to JP¥900. Share price fell 7.1% to JP¥616 over the past week. Aankondiging • Feb 01
Gunosy Inc. to Report Q3, 2023 Results on Apr 14, 2023 Gunosy Inc. announced that they will report Q3, 2023 results on Apr 14, 2023 Reported Earnings • Jan 14
Second quarter 2023 earnings released: JP¥22.69 loss per share (vs JP¥2.52 loss in 2Q 2022) Second quarter 2023 results: JP¥22.69 loss per share (further deteriorated from JP¥2.52 loss in 2Q 2022). Revenue: JP¥2.00b (down 5.0% from 2Q 2022). Net loss: JP¥544.0m (loss widened JP¥484.0m from 2Q 2022). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥751, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 27x in the Software industry in Japan. Total loss to shareholders of 52% over the past three years. Price Target Changed • Nov 30
Price target decreased to JP¥1,000 Down from JP¥1,100, the current price target is an average from 2 analysts. New target price is 42% above last closing price of JP¥703. Stock is up 28% over the past year. The company is forecast to post earnings per share of JP¥17.70 for next year compared to JP¥5.47 last year. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Hirokazu Mashita was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Oct 31
Gunosy Inc. to Report Q2, 2023 Results on Jan 13, 2023 Gunosy Inc. announced that they will report Q2, 2023 results on Jan 13, 2023 Major Estimate Revision • Oct 21
Consensus forecasts updated The consensus outlook for 2023 has been updated. 2023 EPS estimate fell from JP¥20.20 to JP¥16.60 per share. Revenue forecast steady at JP¥9.53b. Net income forecast to grow 0.06% next year vs 11% growth forecast for Software industry in Japan. Consensus price target of JP¥1,100 unchanged from last update. Share price fell 10% to JP¥671 over the past week. Reported Earnings • Oct 17
First quarter 2023 earnings released: EPS: JP¥16.06 (vs JP¥1.40 in 1Q 2022) First quarter 2023 results: EPS: JP¥16.06 (up from JP¥1.40 in 1Q 2022). Revenue: JP¥1.93b (down 15% from 1Q 2022). Net income: JP¥384.0m (up JP¥351.0m from 1Q 2022). Profit margin: 20% (up from 1.4% in 1Q 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Reported Earnings • Sep 04
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: JP¥5.47 (down from JP¥16.29 in FY 2021). Revenue: JP¥9.00b (up 1.0% from FY 2021). Net income: JP¥130.0m (down 66% from FY 2021). Profit margin: 1.4% (down from 4.3% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 965%. Over the next year, revenue is forecast to grow 6.6%, compared to a 14% growth forecast for the Software industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Reported Earnings • Jul 17
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: JP¥5.47 (down from JP¥16.29 in FY 2021). Revenue: JP¥9.00b (up 1.0% from FY 2021). Net income: JP¥130.0m (down 66% from FY 2021). Profit margin: 1.4% (down from 4.3% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 965%. Over the next year, revenue is forecast to grow 9.2%, compared to a 14% growth forecast for the industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Major Estimate Revision • Jul 16
Consensus forecasts updated The consensus outlook for 2023 has been updated. 2023 EPS estimate increased from JP¥15.05 to JP¥18.75. Revenue forecast steady at JP¥9.83b. Net income forecast to grow 511% next year vs 13% growth forecast for Software industry in Japan. Consensus price target of JP¥1,100 unchanged from last update. Share price was steady at JP¥701 over the past week. Major Estimate Revision • May 12
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from JP¥1.85 to JP¥0.51. Revenue forecast unchanged from JP¥9.08b at last update. Net income forecast to grow 390% next year vs 13% growth forecast for Software industry in Japan. Consensus price target up from JP¥1,050 to JP¥1,100. Share price fell 14% to JP¥900 over the past week. Buying Opportunity • May 12
Now 20% undervalued Over the last 90 days, the stock is up 16%. The fair value is estimated to be JP¥1,133, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 22% over the last 3 years. Earnings per share has declined by 76%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings is also forecast to grow by 48% per annum over the same time period. Price Target Changed • Apr 27
Price target increased to JP¥1,050 Up from JP¥904, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of JP¥1,065. Stock is up 9.5% over the past year. The company is forecast to post earnings per share of JP¥1.85 for next year compared to JP¥16.29 last year. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Hirokazu Mashita was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Major Estimate Revision • Apr 21
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 forecast for profit of -JP¥4.50 instead of a loss of JP¥1.85 per share previously. Revenue forecast unchanged at JP¥9.08b. Software industry in Japan expected to see average net income growth of 12% next year. Consensus price target of JP¥1,050 unchanged from last update. Share price rose 20% to JP¥1,241 over the past week. Reported Earnings • Apr 15
Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2022 results: EPS: JP¥0.55 (down from JP¥3.44 in 3Q 2021). Revenue: JP¥2.22b (up 2.5% from 3Q 2021). Net income: JP¥13.0m (down 84% from 3Q 2021). Profit margin: 0.6% (down from 3.7% in 3Q 2021). Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) exceeded analyst estimates by 24%. Over the next year, revenue is forecast to grow 9.2%, compared to a 15% growth forecast for the industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Price Target Changed • Feb 06
Price target increased to JP¥968 Up from JP¥904, the current price target is an average from 4 analysts. New target price is 31% above last closing price of JP¥739. Stock is down 9.7% over the past year. The company is forecast to post a net loss per share of JP¥2.77 compared to earnings per share of JP¥16.29 last year. Major Estimate Revision • Jan 21
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 expected loss increased from -JP¥2.83 to -JP¥5.86 per share. Revenue forecast of JP¥9.20b unchanged since last update. Software industry in Japan expected to see average net income growth of 12% next year. Consensus price target of JP¥868 unchanged from last update. Share price rose 19% to JP¥809 over the past week. Reported Earnings • Jan 16
Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2022 results: JP¥2.52 loss per share (down from JP¥6.55 profit in 2Q 2021). Revenue: JP¥2.11b (up 1.1% from 2Q 2021). Net loss: JP¥60.0m (down 139% from profit in 2Q 2021). Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) were also behind analyst expectations. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is forecast to grow 11%, compared to a 17% growth forecast for the industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 30 percentage points per year, which is a significant difference in performance. Reported Earnings • Jan 16
Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2022 results: JP¥2.52 loss per share (down from JP¥6.55 profit in 2Q 2021). Revenue: JP¥2.11b (up 1.1% from 2Q 2021). Net loss: JP¥60.0m (down 139% from profit in 2Q 2021). Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) were also behind analyst expectations. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is forecast to grow 11%, compared to a 17% growth forecast for the industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 30 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Dec 24
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥877, the stock trades at a forward P/E ratio of 589x. Average forward P/E is 26x in the Software industry in Japan. Total loss to shareholders of 69% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,220 per share. Reported Earnings • Oct 14
First quarter 2022 earnings released: EPS JP¥1.40 (vs JP¥3.37 in 1Q 2021) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: JP¥2.28b (up 3.1% from 1Q 2021). Net income: JP¥33.0m (down 58% from 1Q 2021). Profit margin: 1.4% (down from 3.6% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 36% per year, which means it has not declined as severely as earnings. Major Estimate Revision • Aug 04
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from JP¥29.13 to JP¥21.33. Revenue forecast unchanged from JP¥10.3b at last update. Net income forecast to grow 31% next year vs 9.2% growth forecast for Software industry in Japan. Consensus price target down from JP¥1,018 to JP¥943. Share price fell 4.9% to JP¥683 over the past week. Price Target Changed • Aug 04
Price target decreased to JP¥943 Down from JP¥1,018, the current price target is an average from 5 analysts. New target price is 38% above last closing price of JP¥683. Stock is down 13% over the past year. Major Estimate Revision • Jul 20
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast fell from JP¥10.4b to JP¥10.1b. EPS estimate rose from JP¥23.32 to JP¥32.05. Net income forecast to grow 78% next year vs 8.6% growth forecast for Software industry in Japan. Consensus price target of JP¥1,040 unchanged from last update. Share price fell 18% to JP¥751 over the past week. Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment deteriorated over the past week After last week's 18% share price decline to JP¥751, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 28x in the Software industry in Japan. Total loss to shareholders of 61% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,208 per share. Reported Earnings • Jul 15
Full year 2021 earnings released: EPS JP¥16.29 (vs JP¥16.41 in FY 2020) The company reported a mediocre full year result with weaker revenues, although earnings were flat and profit margins improved. Full year 2021 results: Revenue: JP¥8.91b (down 36% from FY 2020). Net income: JP¥383.0m (flat on FY 2020). Profit margin: 4.3% (up from 2.8% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 17
Third quarter 2021 earnings released: EPS JP¥3.44 (vs JP¥3.93 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2021 results: Revenue: JP¥2.16b (down 42% from 3Q 2020). Net income: JP¥81.0m (down 12% from 3Q 2020). Profit margin: 3.7% (up from 2.5% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Major Estimate Revision • Mar 17
Consensus EPS estimates fall to JP¥11.67 The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from JP¥9.29b to JP¥8.68b. EPS estimate also fell from JP¥16.71 to JP¥11.67. Net income forecast to shrink 11% next year vs 7.3% growth forecast for Software industry in Japan . Consensus price target down from JP¥1,084 to JP¥1,009. Share price rose 2.8% to JP¥801 over the past week. Major Estimate Revision • Feb 19
Analysts update estimates The 2021 consensus earning per share (EPS) estimate was lowered from JP¥23.67 to JP¥19.71. Revenue estimate was approximately flat at JP¥9.45b. Net income is expected to grow by 34% next year compared to 9.2% growth forecast for the Software industry in Japan. The consensus price target increased from JP¥1,115 to JP¥1,134. Share price is down by 3.3% to JP¥781 over the past week. Is New 90 Day High Low • Feb 05
New 90-day high: JP¥818 The company is up 5.0% from its price of JP¥777 on 06 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥1,292 per share. Major Estimate Revision • Jan 21
Analysts lower EPS estimates to JP¥23.67 The 2021 consensus revenue estimate was lowered from JP¥9.87b to JP¥9.48b. Earning per share (EPS) estimate was also lowered from JP¥26.91 to JP¥23.67 for the same period. Net income is expected to grow by 35% next year compared to 14% growth forecast for the Software industry in Japan. The consensus price target of JP¥1,115 was unchanged from the last update. Share price is up 3.8% to JP¥768 over the past week. Analyst Estimate Surprise Post Earnings • Jan 19
Revenue and earnings miss expectations Revenue missed analyst estimates by 9.6%. Earnings per share (EPS) also missed analyst estimates by 37%. Over the next year, revenue is expected to shrink by 2.5% compared to a 12% growth forecast for the Software industry in Japan. Is New 90 Day High Low • Jan 18
New 90-day high: JP¥810 The company is up 1.0% from its price of JP¥800 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. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥1,289 per share.