Upcoming Dividend • May 21
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 28 May 2026. Payment date: 10 August 2026. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (1.9%). Reported Earnings • Mar 28
Third quarter 2026 earnings released: EPS: JP¥13.65 (vs JP¥12.14 in 3Q 2025) Third quarter 2026 results: EPS: JP¥13.65 (up from JP¥12.14 in 3Q 2025). Revenue: JP¥1.23b (up 9.1% from 3Q 2025). Net income: JP¥329.0m (up 7.2% from 3Q 2025). Profit margin: 27% (in line with 3Q 2025). 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 8% per year, which means it is significantly lagging earnings. Declared Dividend • Jan 31
First half dividend of JP¥5.00 announced Dividend of JP¥5.00 is the same as last year. Ex-date: 28th May 2026 Payment date: 10th August 2026 Dividend yield will be 1.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (19% earnings payout ratio) and cash flows (17% 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. Earnings per share has grown by 26% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Jan 22
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.8b (US$99.6m) 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 (5.6% average weekly change). Market cap is less than US$100m (JP¥15.8b market cap, or US$99.6m). Buy Or Sell Opportunity • Dec 26
Now 24% undervalued Over the last 90 days, the stock has risen 4.9% to JP¥682. The fair value is estimated to be JP¥903, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 61%. Aankondiging • Nov 27
Feedforce Group Inc. to Report Q2, 2026 Results on Dec 25, 2025 Feedforce Group Inc. announced that they will report Q2, 2026 results on Dec 25, 2025 Upcoming Dividend • Nov 20
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 27 November 2025. Payment date: 02 February 2026. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.2%). New Risk • Nov 06
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.2b (US$99.1m) 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 (9.0% average weekly change). Minor Risk Market cap is less than US$100m (JP¥15.2b market cap, or US$99.1m). Buy Or Sell Opportunity • Oct 21
Now 22% undervalued Over the last 90 days, the stock has risen 26% to JP¥705. The fair value is estimated to be JP¥909, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 59%. Valuation Update With 7 Day Price Move • Oct 02
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to JP¥703, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 89% over the past three years. New Risk • Sep 26
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 7.9% 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. Reported Earnings • Sep 26
First quarter 2026 earnings released: EPS: JP¥13.67 (vs JP¥7.69 in 1Q 2025) First quarter 2026 results: EPS: JP¥13.67 (up from JP¥7.69 in 1Q 2025). Revenue: JP¥1.20b (up 14% from 1Q 2025). Net income: JP¥336.0m (up 71% from 1Q 2025). Profit margin: 28% (up from 19% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Board Change • Sep 12
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Outside Director Yasuo Sato was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Declared Dividend • Sep 08
Final dividend of JP¥5.00 announced Shareholders will receive a dividend of JP¥5.00. Ex-date: 27th November 2025 Payment date: 2nd February 2026 Dividend yield will be 1.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (18% 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. Earnings per share has grown by 41% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Aankondiging • Jul 26
Feedforce Group Inc. to Report Q1, 2026 Results on Sep 25, 2025 Feedforce Group Inc. announced that they will report Q1, 2026 results on Sep 25, 2025 Reported Earnings • Jun 27
Full year 2025 earnings released: EPS: JP¥39.67 (vs JP¥18.22 in FY 2024) Full year 2025 results: EPS: JP¥39.67 (up from JP¥18.22 in FY 2024). Revenue: JP¥4.37b (up 3.4% from FY 2024). Net income: JP¥1.00b (up 112% from FY 2024). Profit margin: 23% (up from 11% in FY 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Aankondiging • Jun 27
Feedforce Group Inc. (TSE:7068) announces an Equity Buyback for 800,000 shares, representing 3.2% for ¥401 million. Feedforce Group Inc. (TSE:7068) announces a share repurchase program. Under the program, the company will repurchase up to 800,000 shares, representing 3.47% of its issued share capital (excluding treasury stock), for a total purchase price of ¥401 million. The purpose of the program is efficient capital management and increasing the tradable share ratio. The program will expire on July 4, 2025. As of May 31, 2025, the company has 25,033,858 issued shares (excluding treasury stock) and no treasury shares.
On the same day, the company corrected the plan term percentage from 3.47% to 3.2% of the total number of issued shares (excluding treasury stock). Aankondiging • Jun 26
Feedforce Group Inc., Annual General Meeting, Aug 22, 2025 Feedforce Group Inc., Annual General Meeting, Aug 22, 2025. Aankondiging • May 29
Feedforce Group Inc. to Report Fiscal Year 2025 Results on Jun 26, 2025 Feedforce Group Inc. announced that they will report fiscal year 2025 results on Jun 26, 2025 Buy Or Sell Opportunity • Apr 22
Now 21% undervalued Over the last 90 days, the stock has risen 5.6% to JP¥489. The fair value is estimated to be JP¥616, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 22%. New Risk • Apr 07
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 6.4% 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 (6.4% average weekly change). Market cap is less than US$100m (JP¥9.87b market cap, or US$67.5m). Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to JP¥395, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 15x in the IT industry in Japan. Total loss to shareholders of 11% over the past three years. Buy Or Sell Opportunity • Apr 04
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.2% to JP¥460. The fair value is estimated to be JP¥613, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 22%. Reported Earnings • Mar 28
Third quarter 2025 earnings released: EPS: JP¥12.14 (vs JP¥4.14 in 3Q 2024) Third quarter 2025 results: EPS: JP¥12.14 (up from JP¥4.14 in 3Q 2024). Revenue: JP¥1.13b (up 14% from 3Q 2024). Net income: JP¥307.0m (up 187% from 3Q 2024). Profit margin: 27% (up from 11% in 3Q 2024). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 04
Feedforce Group Inc. to Report Q3, 2025 Results on Mar 27, 2025 Feedforce Group Inc. announced that they will report Q3, 2025 results on Mar 27, 2025 Aankondiging • Jan 11
Feedforce Group Inc. Provides Dividend Guidance for the Fiscal Year Ending May 31, 2025 Feedforce Group Inc. provided dividend guidance for the fiscal year ending May 31, 2025. For the year, company expects to pay Dividend of PY 5.00 per share . Reported Earnings • Dec 28
Second quarter 2025 earnings released: EPS: JP¥8.05 (vs JP¥4.78 loss in 2Q 2024) Second quarter 2025 results: EPS: JP¥8.05 (up from JP¥4.78 loss in 2Q 2024). Revenue: JP¥1.03b (down 4.2% from 2Q 2024). Net income: JP¥204.0m (up JP¥329.0m from 2Q 2024). Profit margin: 20% (up from net loss in 2Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year. Buy Or Sell Opportunity • Dec 27
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 10.0% to JP¥468. The fair value is estimated to be JP¥597, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has declined by 16%. Aankondiging • Dec 26
Feedforce Group Inc. (TSE:7068) announces an Equity Buyback for 450,000 shares, representing 1.77% for ¥201 million. Feedforce Group Inc. (TSE:7068) announces a share repurchase program. Under the program, the company will repurchase up to 450,000 shares, representing 1.77% of its issued share capital (excluding treasury stock), for a total purchase price of ¥201 million. The purpose of the program is efficient capital management and increasing the tradable share ratio. The program will expire on January 10, 2025. As of November 30, 2024, the company has 25,408,000 issued shares (excluding treasury stock) and 1,000 treasury shares. Aankondiging • Nov 27
Feedforce Group Inc. to Report Q2, 2025 Results on Dec 26, 2024 Feedforce Group Inc. announced that they will report Q2, 2025 results on Dec 26, 2024 Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥532, the stock trades at a trailing P/E ratio of 36.5x. Average trailing P/E is 17x in the IT industry in Japan. Total loss to shareholders of 38% over the past three years. Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥489, the stock trades at a trailing P/E ratio of 33.6x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 35% over the past three years. Buy Or Sell Opportunity • Sep 30
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 28% to JP¥498. The fair value is estimated to be JP¥629, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has declined by 16%. Reported Earnings • Sep 27
First quarter 2025 earnings released: EPS: JP¥7.69 (vs JP¥11.50 in 1Q 2024) First quarter 2025 results: EPS: JP¥7.69 (down from JP¥11.50 in 1Q 2024). Revenue: JP¥1.05b (down 1.3% from 1Q 2024). Net income: JP¥196.0m (down 35% from 1Q 2024). Profit margin: 19% (down from 28% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 12% per year. New Risk • Aug 05
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 8.5% 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 (8.5% average weekly change). Earnings have declined by 2.4% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥11.3b market cap, or US$79.7m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 28% After last week's 28% share price decline to JP¥448, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 17x in the IT industry in Japan. Total loss to shareholders of 42% over the past three years. Aankondiging • Jul 27
Feedforce Group Inc. to Report Q1, 2025 Results on Sep 26, 2024 Feedforce Group Inc. announced that they will report Q1, 2025 results on Sep 26, 2024 Buy Or Sell Opportunity • Jul 22
Now 22% undervalued Over the last 90 days, the stock has risen 1.3% to JP¥619. The fair value is estimated to be JP¥790, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has declined by 17%. Buy Or Sell Opportunity • Jul 05
Now 20% undervalued Over the last 90 days, the stock has risen 24% to JP¥620. The fair value is estimated to be JP¥776, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has declined by 17%. Reported Earnings • Jun 28
Full year 2024 earnings released: EPS: JP¥18.22 (vs JP¥4.31 in FY 2023) Full year 2024 results: EPS: JP¥18.22 (up from JP¥4.31 in FY 2023). Revenue: JP¥4.23b (up 6.6% from FY 2023). Net income: JP¥473.0m (up 322% from FY 2023). Profit margin: 11% (up from 2.8% in FY 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% 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 • Jun 28
Feedforce Group Inc., Annual General Meeting, Aug 23, 2024 Feedforce Group Inc., Annual General Meeting, Aug 23, 2024. Aankondiging • Jun 27
Feedforce Group Inc. (TSE:7068) announces an Equity Buyback for 460,000 shares, representing 1.79% for ¥300 million. Feedforce Group Inc. (TSE:7068) announces a share repurchase program. Under the program, the company will repurchase up to 460,000 shares, representing 1.79% of its issued share capital (excluding treasury stock), for a total purchase price of ¥300 million. The purpose of the program is efficient capital management and increasing the tradable share ratio. As of May 31, 2024, the company has 25,768,658 issued shares (excluding treasury stock) and no treasury shares. Aankondiging • May 03
Feedforce Group Inc. to Report Fiscal Year 2024 Results on Jun 27, 2024 Feedforce Group Inc. announced that they will report fiscal year 2024 results on Jun 27, 2024 Aankondiging • Apr 03
Feedforce Group Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending May 31, 2024 Feedforce Group Inc. provided consolidated earnings guidance for the fiscal year ending May 31, 2024. For the fiscal year, the company expected net sales of JPY 4,197 million, Operating profit of JPY 1,205 million, Profit attributable to owners of parent of JPY 472 million and Basic earnings per share of JPY 18.18. Reported Earnings • Mar 30
Third quarter 2024 earnings released: EPS: JP¥4.14 (vs JP¥7.67 in 3Q 2023) Third quarter 2024 results: EPS: JP¥4.14 (down from JP¥7.67 in 3Q 2023). Revenue: JP¥987.0m (down 3.3% from 3Q 2023). Net income: JP¥107.0m (down 46% from 3Q 2023). Profit margin: 11% (down from 20% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Aankondiging • Feb 01
Feedforce Group Inc. to Report Q3, 2024 Results on Mar 28, 2024 Feedforce Group Inc. announced that they will report Q3, 2024 results on Mar 28, 2024 New Risk • Jan 18
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.1b (US$95.5m) 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 Risks Share price has been highly volatile over the past 3 months (8.0% average weekly change). Earnings have declined by 3.1% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (JP¥14.1b market cap, or US$95.5m). Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥589, the stock trades at a trailing P/E ratio of 37.7x. Average trailing P/E is 19x in the IT industry in Japan. Total loss to shareholders of 49% over the past three years. Aankondiging • Jan 05
Feedforce Group Inc. (TSE:7068) announces an Equity Buyback for 390,000 shares, representing 1.5% for ¥300 million. Feedforce Group Inc. (TSE:7068) announces a share repurchase program. Under the program, the company will repurchase up to 390,000 shares, representing 1.5% of its total shares outstanding (excluding treasury shares), for a total of ¥300 million. The repurchase program is valid till January 10, 2024. Reported Earnings • Dec 28
Second quarter 2024 earnings released: JP¥4.78 loss per share (vs JP¥5.12 profit in 2Q 2023) Second quarter 2024 results: JP¥4.78 loss per share (down from JP¥5.12 profit in 2Q 2023). Revenue: JP¥1.08b (up 10% from 2Q 2023). Net loss: JP¥125.0m (down 193% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 14% per year. Aankondiging • Nov 02
Feedforce Group Inc. to Report Q2, 2024 Results on Dec 27, 2023 Feedforce Group Inc. announced that they will report Q2, 2024 results on Dec 27, 2023 Aankondiging • Oct 06
Feedforce Group Inc. Provides Consolidated Earnings Guidance for the Six Months Ending November 30, 2023 and for the Fiscal Year Ending May 31, 2024 Feedforce Group Inc. provided consolidated earnings guidance for the six months ending November 30, 2023 and for the fiscal year ending May 31, 2024. For the six months, the company expects Net sales of JPY 2,061 million, Operating profit of JPY 569 million, Profit attributable to owners of parent of JPY 354 million and Basic earnings per share of JPY 13.68.For the fiscal year, the company expects Net sales of JPY 4,472 million, Operating profit of JPY 1,400 million, Profit attributable to owners of parent of JPY 881 million and Basic earnings per share of JPY 34.28. Valuation Update With 7 Day Price Move • Oct 05
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥830, the stock trades at a trailing P/E ratio of 32.8x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 22% over the past three years. Reported Earnings • Sep 29
First quarter 2024 earnings released: EPS: JP¥11.50 (vs JP¥9.56 loss in 1Q 2023) First quarter 2024 results: EPS: JP¥11.50 (up from JP¥9.56 loss in 1Q 2023). Revenue: JP¥1.07b (up 18% from 1Q 2023). Net income: JP¥300.0m (up JP¥550.0m from 1Q 2023). Profit margin: 28% (up from net loss in 1Q 2023). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Aankondiging • Aug 05
Feedforce Group Inc. (TSE:7068) announces an Equity Buyback for 260,000 shares, representing 1.01% for ¥200 million. Feedforce Group Inc. (TSE:7068) announces a share repurchase program. Under the program, the company will repurchase up to 260,000 shares, representing 1.01% of its issued share capital (excluding treasury stock), for a total purchase price of ¥200 million. The shares will be repurchased at the previous day's closing price. The purpose of the program is efficient capital management and improvement of the ratio of tradable shares. The program will be valid till August 10, 2023. As of May 31, 2023, the company has 25,693,258 issued shares (excluding treasury stock) and 0 treasury shares. Aankondiging • Aug 03
Feedforce Group Inc. to Report Q1, 2024 Results on Sep 28, 2023 Feedforce Group Inc. announced that they will report Q1, 2024 results on Sep 28, 2023 Aankondiging • Jul 06
Feedforce Group Inc. Announces Consolidated Earnings Forecasts for the First Half Ending November 30, 2023 and for the Fiscal Year Ending May 31, 2024 Feedforce Group Inc. announced Consolidated earnings forecasts for the First Half ending November 30, 2023 and for the fiscal year ending May 31, 2024. For the First Half ending November 30, 2023, the company expected Net sales of JPY 2,061 million, Operating profit of JPY 569 million, Profit attributable to owners of parent of JPY 354 million and Basic earnings per share of JPY 13.68.For the fiscal year ending May 31, 2024, the company expected Net sales of JPY 3,681 million, Operating profit of JPY 1,400 million, Profit attributable to owners of parent of JPY 881 million and Basic earnings per share of JPY 34.28. Reported Earnings • Jun 30
Full year 2023 earnings released: EPS: JP¥4.31 (vs JP¥23.17 in FY 2022) Full year 2023 results: EPS: JP¥4.31 (down from JP¥23.17 in FY 2022). Revenue: JP¥3.97b (up 32% from FY 2022). Net income: JP¥112.0m (down 81% from FY 2022). Profit margin: 2.8% (down from 20% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥685, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 17x in the IT industry in Japan. Total returns to shareholders of 98% over the past three years. Reported Earnings • Mar 31
Third quarter 2023 earnings released: EPS: JP¥7.67 (vs JP¥4.70 in 3Q 2022) Third quarter 2023 results: EPS: JP¥7.67 (up from JP¥4.70 in 3Q 2022). Revenue: JP¥1.02b (up 38% from 3Q 2022). Net income: JP¥199.0m (up 63% from 3Q 2022). Profit margin: 20% (up from 17% in 3Q 2022). Revenue is forecast to grow 6.6% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings. Aankondiging • Jan 29
Feedforce Group Inc. to Report Q3, 2023 Results on Mar 30, 2023 Feedforce Group Inc. announced that they will report Q3, 2023 results on Mar 30, 2023 Aankondiging • Jan 23
Feedforce Group Inc. (TSE:7068) announces an Equity Buyback for 790,000 shares, representing 3.01% for ¥300 million. Feedforce Group Inc. (TSE:7068) announces a share repurchase program. Under the program, the company will repurchase up to 790,000 shares, representing 3.01% of its issued share capital (excluding treasury stock), for a total purchase price of ¥300 million. The shares will be repurchased at the previous day's closing price. The purpose of the program is efficient capital management and improvement of the ratio of tradable shares. As of November 30, 2022, the company has 26,204,758 issued shares (excluding treasury stock) and 42 treasury shares.
On January 23, 2023, the company announced that it will repurchase up to 621,100 shares at ¥483 per share through the treasury stock off-auction purchase transaction (ToSTNeT-3). The repurchases will take place on January 24, 2023. Valuation Update With 7 Day Price Move • Jan 18
Investor sentiment improved over the past week After last week's 27% share price gain to JP¥469, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 18x in the IT industry in Japan. Total loss to shareholders of 33% over the past three years. Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment improved over the past week After last week's 28% share price gain to JP¥389, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 18x in the IT industry in Japan. Total loss to shareholders of 26% over the past three years. Aankondiging • Dec 30
Feedforce Group Inc. (TSE:7068) agreed to acquire Sippino Co., Ltd. from NE Co., Ltd. and Kengo Tabuchi and Kengo Tabuchifor ¥13 million. Feedforce Group Inc. (TSE:7068) agreed to acquire Sippino Co., Ltd. from NE Co., Ltd. and Kengo Tabuchi for ¥13 million on December 28, 2022. Reported Earnings • Dec 29
Second quarter 2023 earnings released: EPS: JP¥5.12 (vs JP¥6.05 in 2Q 2022) Second quarter 2023 results: EPS: JP¥5.12 (down from JP¥6.05 in 2Q 2022). Revenue: JP¥976.0m (up 39% from 2Q 2022). Net income: JP¥134.0m (down 15% from 2Q 2022). Profit margin: 14% (down from 22% in 2Q 2022). Revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the IT industry in Japan. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Director Shinya Tanigaki was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Oct 31
Feedforce Group Inc. to Report Q2, 2023 Results on Dec 28, 2022 Feedforce Group Inc. announced that they will report Q2, 2023 results on Dec 28, 2022 Aankondiging • Oct 07
Feedforce Group Inc. Provides Consolidated Earnings Guidance for the Six Months Ending November 30, 2022 and for the Fiscal Year Ending May 31, 2023 Feedforce Group Inc. provided consolidated earnings guidance for the six months ending November 30, 2022 and for the fiscal year ending May 31, 2023. For the six months, the company expects net sales of ¥1,837 million, operating profit of ¥360 million and loss attributable to owners of parent of ¥40 million or ¥1.54 per basic share on.For the year, the company expects net sales of ¥3,829 million, operating profit of ¥848 million and profit attributable to owners of parent of ¥419 million or ¥16.01 per basic share on. Buying Opportunity • Oct 03
Now 25% undervalued after recent price drop Over the last 90 days, the stock is down 6.5%. The fair value is estimated to be JP¥477, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last year. Earnings per share has declined by 67%. Revenue is forecast to grow by 19% in a year. Earnings is forecast to grow by 127% in the next year. Reported Earnings • Sep 04
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: JP¥23.17 (up from JP¥18.85 in FY 2021). Revenue: JP¥3.01b (up 16% from FY 2021). Net income: JP¥602.0m (up 28% from FY 2021). Profit margin: 20% (up from 18% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Over the next year, revenue is forecast to grow 23%, compared to a 12% growth forecast for the IT industry in Japan. Aankondiging • Aug 04
Feedforce Group Inc. to Report Q1, 2023 Results on Sep 30, 2022 Feedforce Group Inc. announced that they will report Q1, 2023 results on Sep 30, 2022 Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥465, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 19x in the IT industry in Japan. Total loss to shareholders of 19% over the past three years. Aankondiging • Jul 08
Feedforce Group Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending May 31, 2023 Feedforce Group Inc. provided consolidated earnings guidance for the fiscal year ending May 31, 2023. For the period, the company expects net sales to be JPY 3,681 million. Aankondiging • Jul 02
Feedforce Group Inc., Annual General Meeting, Aug 26, 2022 Feedforce Group Inc., Annual General Meeting, Aug 26, 2022. Reported Earnings • Jul 02
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: JP¥23.17 (up from JP¥18.85 in FY 2021). Revenue: JP¥3.01b (up 16% from FY 2021). Net income: JP¥602.0m (up 28% from FY 2021). Profit margin: 20% (up from 18% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Over the next year, revenue is forecast to grow 23%, compared to a 11% growth forecast for the industry in Japan. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improved over the past week After last week's 19% share price gain to JP¥400, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 18x in the IT industry in Japan. Total loss to shareholders of 64% over the past year. Aankondiging • May 03
Feedforce Group Inc. to Report Fiscal Year 2022 Results on Jun 30, 2022 Feedforce Group Inc. announced that they will report fiscal year 2022 results on Jun 30, 2022