Valuation Update With 7 Day Price Move • May 20
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥1,328, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 17x in the Software industry in Japan. Total returns to shareholders of 135% over the past three years. Reported Earnings • May 15
Full year 2026 earnings released: EPS: JP¥132 (vs JP¥131 in FY 2025) Full year 2026 results: EPS: JP¥132. Revenue: JP¥22.5b (up 9.7% from FY 2025). Net income: JP¥2.07b (down 2.0% from FY 2025). Profit margin: 9.2% (down from 10% in FY 2025). The decrease in margin was driven by higher expenses. Aankondiging • May 13
NCS&A Co., Ltd., Annual General Meeting, Jun 19, 2026 NCS&A Co., Ltd., Annual General Meeting, Jun 19, 2026. Aankondiging • May 10
NCS&A Co., Ltd. to Report Fiscal Year 2026 Results on May 13, 2026 NCS&A Co., Ltd. announced that they will report fiscal year 2026 results on May 13, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥33.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 05 June 2026. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.3%). Reported Earnings • Jan 30
Third quarter 2026 earnings released: EPS: JP¥30.14 (vs JP¥19.16 in 3Q 2025) Third quarter 2026 results: EPS: JP¥30.14 (up from JP¥19.16 in 3Q 2025). Revenue: JP¥5.58b (up 14% from 3Q 2025). Net income: JP¥462.0m (up 49% from 3Q 2025). Profit margin: 8.3% (up from 6.4% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 33% per year. Aankondiging • Dec 02
NCS&A Co., Ltd. to Report Q3, 2026 Results on Jan 29, 2026 NCS&A Co., Ltd. announced that they will report Q3, 2026 results on Jan 29, 2026 Reported Earnings • Oct 31
Second quarter 2026 earnings released: EPS: JP¥35.71 (vs JP¥16.63 in 2Q 2025) Second quarter 2026 results: EPS: JP¥35.71 (up from JP¥16.63 in 2Q 2025). Revenue: JP¥5.83b (up 18% from 2Q 2025). Net income: JP¥562.0m (up 109% from 2Q 2025). Profit margin: 9.6% (up from 5.4% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. 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 8.7% 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. Aankondiging • Aug 26
NCS&A Co., Ltd. to Report Q2, 2026 Results on Oct 30, 2025 NCS&A Co., Ltd. announced that they will report Q2, 2026 results on Oct 30, 2025 New Risk • Aug 20
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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Aug 20
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥1,389, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 21x in the Software industry in Japan. Total returns to shareholders of 211% over the past three years. Aankondiging • Aug 19
NCS&A Co., Ltd. (TSE:9709) announces an Equity Buyback for 1,400,000 shares, representing 8.65% for ¥2,100 million. NCS&A Co., Ltd. (TSE:9709) announces a share repurchase program. Under the program, the company will repurchase up to 1,400,000 shares, representing 8.65% of its issued share capital (excluding treasury stock), for a total purchase price of ¥2,100 million. The purpose of the program is to enhance corporate value and shareholder returns. The program will continue through July 31, 2026. As of June 30, 2025, the company had 16,181,447 issued shares (excluding treasury stock) and 1,818,553 treasury shares. Reported Earnings • Aug 02
First quarter 2026 earnings released: EPS: JP¥26.51 (vs JP¥18.64 in 1Q 2025) First quarter 2026 results: EPS: JP¥26.51 (up from JP¥18.64 in 1Q 2025). Revenue: JP¥5.02b (up 4.0% from 1Q 2025). Net income: JP¥429.0m (up 43% from 1Q 2025). Profit margin: 8.5% (up from 6.2% 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 24% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jun 25
Full year 2025 earnings released: EPS: JP¥131 (vs JP¥95.53 in FY 2024) Full year 2025 results: EPS: JP¥131 (up from JP¥95.53 in FY 2024). Revenue: JP¥20.5b (up 8.4% from FY 2024). Net income: JP¥2.11b (up 37% from FY 2024). Profit margin: 10% (up from 8.1% in FY 2024). The increase in margin was 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 increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Jun 03
NCS&A Co., Ltd. to Report Q1, 2026 Results on Jul 31, 2025 NCS&A Co., Ltd. announced that they will report Q1, 2026 results on Jul 31, 2025 Reported Earnings • May 19
Full year 2025 earnings released: EPS: JP¥131 (vs JP¥95.53 in FY 2024) Full year 2025 results: EPS: JP¥131 (up from JP¥95.53 in FY 2024). Revenue: JP¥20.5b (up 8.4% from FY 2024). Net income: JP¥2.11b (up 37% from FY 2024). Profit margin: 10% (up from 8.1% in FY 2024). The increase in margin was 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 increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • May 15
NCS&A Co., Ltd., Annual General Meeting, Jun 20, 2025 NCS&A Co., Ltd., Annual General Meeting, Jun 20, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 06 June 2025. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%). Aankondiging • Mar 01
NCS&A Co., Ltd. to Report Fiscal Year 2025 Results on May 14, 2025 NCS&A Co., Ltd. announced that they will report fiscal year 2025 results on May 14, 2025 Reported Earnings • Feb 04
Third quarter 2025 earnings released: EPS: JP¥19.16 (vs JP¥13.43 in 3Q 2024) Third quarter 2025 results: EPS: JP¥19.16 (up from JP¥13.43 in 3Q 2024). Revenue: JP¥4.88b (up 13% from 3Q 2024). Net income: JP¥310.0m (up 44% from 3Q 2024). Profit margin: 6.4% (up from 5.0% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 22% per year. Buy Or Sell Opportunity • Jan 28
Now 20% overvalued The stock has been flat over the last 90 days, currently trading at JP¥825. The fair value is estimated to be JP¥687, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 19%. Buy Or Sell Opportunity • Dec 26
Now 21% overvalued Over the last 90 days, the stock has fallen 2.7% to JP¥827. The fair value is estimated to be JP¥686, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 19%. Aankondiging • Dec 04
NCS&A Co., Ltd. to Report Q3, 2025 Results on Feb 03, 2025 NCS&A Co., Ltd. announced that they will report Q3, 2025 results on Feb 03, 2025 New Risk • Nov 03
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 100% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (100% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥12.9b market cap, or US$84.6m). Reported Earnings • Nov 02
Second quarter 2025 earnings released: EPS: JP¥16.63 (vs JP¥20.02 in 2Q 2024) Second quarter 2025 results: EPS: JP¥16.63 (down from JP¥20.02 in 2Q 2024). Revenue: JP¥4.94b (up 3.4% from 2Q 2024). Net income: JP¥269.0m (down 17% from 2Q 2024). Profit margin: 5.4% (down from 6.7% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 17% per year. Aankondiging • Aug 27
NCS&A Co., Ltd. to Report Q2, 2025 Results on Oct 31, 2024 NCS&A Co., Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024 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 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥11.8b market cap, or US$83.0m). Reported Earnings • Aug 02
First quarter 2025 earnings released: EPS: JP¥18.64 (vs JP¥17.94 in 1Q 2024) First quarter 2025 results: EPS: JP¥18.64 (up from JP¥17.94 in 1Q 2024). Revenue: JP¥4.83b (up 4.5% from 1Q 2024). Net income: JP¥300.0m (up 4.2% from 1Q 2024). Profit margin: 6.2% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 22% per year. Board Change • Aug 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Independent Outside Director Hiroki Dan was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Aankondiging • Jun 28
NCS&A Co., Ltd. to Report Q1, 2025 Results on Jul 31, 2024 NCS&A Co., Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024 Reported Earnings • Jun 26
Full year 2024 earnings released: EPS: JP¥95.53 (vs JP¥78.20 in FY 2023) Full year 2024 results: EPS: JP¥95.53 (up from JP¥78.20 in FY 2023). Revenue: JP¥18.9b (down 2.5% from FY 2023). Net income: JP¥1.54b (up 21% from FY 2023). Profit margin: 8.1% (up from 6.6% in FY 2023). Over the last 3 years on average, earnings per share has increased by 21% per year and the company’s share price has also increased by 21% per year. Reported Earnings • May 20
Full year 2024 earnings released: EPS: JP¥95.53 (vs JP¥78.20 in FY 2023) Full year 2024 results: EPS: JP¥95.53 (up from JP¥78.20 in FY 2023). Revenue: JP¥18.9b (down 2.5% from FY 2023). Net income: JP¥1.54b (up 21% from FY 2023). Profit margin: 8.1% (up from 6.6% in FY 2023). Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 19% per year. Aankondiging • May 16
NCS&A Co., Ltd., Annual General Meeting, Jun 21, 2024 NCS&A Co., Ltd., Annual General Meeting, Jun 21, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥28.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 06 June 2024. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.3%). Aankondiging • Mar 02
NCS&A Co., Ltd. to Report Fiscal Year 2024 Results on May 14, 2024 NCS&A Co., Ltd. announced that they will report fiscal year 2024 results on May 14, 2024 Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥13.43 (vs JP¥13.97 in 3Q 2023) Third quarter 2024 results: EPS: JP¥13.43 (down from JP¥13.97 in 3Q 2023). Revenue: JP¥4.33b (down 14% from 3Q 2023). Net income: JP¥216.0m (down 4.8% from 3Q 2023). Profit margin: 5.0% (up from 4.5% in 3Q 2023). The increase in margin was driven by lower expenses. 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 16% per year, which means it is significantly lagging earnings growth. Aankondiging • Dec 28
NCS&A Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024 NCS&A Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024 Reported Earnings • Nov 02
Second quarter 2024 earnings released: EPS: JP¥20.02 (vs JP¥28.49 in 2Q 2023) Second quarter 2024 results: EPS: JP¥20.02 (down from JP¥28.49 in 2Q 2023). Revenue: JP¥4.78b (down 4.5% from 2Q 2023). Net income: JP¥322.0m (down 31% from 2Q 2023). Profit margin: 6.7% (down from 9.3% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Aankondiging • Sep 10
NCS&A Co., Ltd. to Report Q2, 2024 Results on Oct 31, 2023 NCS&A Co., Ltd. announced that they will report Q2, 2024 results on Oct 31, 2023 Reported Earnings • Aug 01
First quarter 2024 earnings released: EPS: JP¥17.94 (vs JP¥9.19 in 1Q 2023) First quarter 2024 results: EPS: JP¥17.94 (up from JP¥9.19 in 1Q 2023). Revenue: JP¥4.62b (up 6.8% from 1Q 2023). Net income: JP¥288.0m (up 91% from 1Q 2023). Profit margin: 6.2% (up from 3.5% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Aankondiging • Jun 28
NCS&A Co., Ltd. to Report Q1, 2024 Results on Jul 31, 2023 NCS&A Co., Ltd. announced that they will report Q1, 2024 results on Jul 31, 2023 Reported Earnings • Jun 24
Full year 2023 earnings released: EPS: JP¥78.20 (vs JP¥59.01 in FY 2022) Full year 2023 results: EPS: JP¥78.20 (up from JP¥59.01 in FY 2022). Revenue: JP¥19.4b (down 5.2% from FY 2022). Net income: JP¥1.27b (up 30% from FY 2022). Profit margin: 6.6% (up from 4.8% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 19
Full year 2023 earnings released: EPS: JP¥78.20 (vs JP¥59.01 in FY 2022) Full year 2023 results: EPS: JP¥78.20 (up from JP¥59.01 in FY 2022). Revenue: JP¥19.4b (down 5.2% from FY 2022). Net income: JP¥1.27b (up 30% from FY 2022). Profit margin: 6.6% (up from 4.8% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥25.00 per share at 3.9% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 07 June 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 01
Third quarter 2023 earnings released: EPS: JP¥13.97 (vs JP¥11.32 in 3Q 2022) Third quarter 2023 results: EPS: JP¥13.97 (up from JP¥11.32 in 3Q 2022). Revenue: JP¥5.03b (up 2.9% from 3Q 2022). Net income: JP¥227.0m (up 21% from 3Q 2022). Profit margin: 4.5% (up from 3.8% 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 11% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Aankondiging • Dec 28
NCS&A Co., Ltd. to Report Q3, 2023 Results on Jan 31, 2023 NCS&A Co., Ltd. announced that they will report Q3, 2023 results on Jan 31, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥28.49 (vs JP¥14.71 in 2Q 2022) Second quarter 2023 results: EPS: JP¥28.49 (up from JP¥14.71 in 2Q 2022). Revenue: JP¥5.00b (flat on 2Q 2022). Net income: JP¥465.0m (up 91% from 2Q 2022). Profit margin: 9.3% (up from 4.8% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 2% per year. Reported Earnings • Nov 02
Second quarter 2023 earnings released: EPS: JP¥28.49 (vs JP¥14.71 in 2Q 2022) Second quarter 2023 results: EPS: JP¥28.49 (up from JP¥14.71 in 2Q 2022). Revenue: JP¥5.00b (flat on 2Q 2022). Net income: JP¥465.0m (up 91% from 2Q 2022). Profit margin: 9.3% (up from 4.8% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 3% per year. Aankondiging • Aug 31
NCS&A Co., Ltd. to Report Q2, 2023 Results on Oct 31, 2022 NCS&A Co., Ltd. announced that they will report Q2, 2023 results on Oct 31, 2022 Reported Earnings • Jul 31
First quarter 2023 earnings released: EPS: JP¥9.19 (vs JP¥12.07 in 1Q 2022) First quarter 2023 results: EPS: JP¥9.19 (down from JP¥12.07 in 1Q 2022). Revenue: JP¥4.33b (down 7.4% from 1Q 2022). Net income: JP¥151.0m (down 25% from 1Q 2022). Profit margin: 3.5% (down from 4.3% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year and the company’s share price has also increased by 3% per year. Aankondiging • Jun 29
NCS&A Co., Ltd. to Report Q1, 2023 Results on Jul 29, 2022 NCS&A Co., Ltd. announced that they will report Q1, 2023 results on Jul 29, 2022 Reported Earnings • Jun 26
Full year 2022 earnings released Full year 2022 results: Revenue: JP¥20.5b (up 3.6% from FY 2021). Net income: JP¥978.0m (up 24% from FY 2021). Profit margin: 4.8% (up from 4.0% in FY 2021). The increase in margin was driven by higher revenue. Aankondiging • May 18
NCS&A Co., Ltd., Annual General Meeting, Jun 22, 2022 NCS&A Co., Ltd., Annual General Meeting, Jun 22, 2022. Reported Earnings • May 17
Full year 2022 earnings released: EPS: JP¥59.01 (vs JP¥44.99 in FY 2021) Full year 2022 results: EPS: JP¥59.01 (up from JP¥44.99 in FY 2021). Revenue: JP¥20.5b (up 3.6% from FY 2021). Net income: JP¥978.0m (up 24% from FY 2021). Profit margin: 4.8% (up from 4.0% 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 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Aankondiging • Apr 08
NCS&A Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 NCS&A Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 07 June 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.8%). Reported Earnings • Feb 02
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥11.32 (up from JP¥4.48 in 3Q 2021). Revenue: JP¥4.89b (up 7.4% from 3Q 2021). Net income: JP¥187.0m (up 149% from 3Q 2021). Profit margin: 3.8% (up from 1.6% 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 23% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 29
Second quarter 2022 earnings released: EPS JP¥14.71 (vs JP¥15.59 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: JP¥5.04b (up 3.6% from 2Q 2021). Net income: JP¥243.0m (down 15% from 2Q 2021). Profit margin: 4.8% (down from 5.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 30
First quarter 2022 earnings released: EPS JP¥12.07 (vs JP¥2.02 in 1Q 2021) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were flat. First quarter 2022 results: Revenue: JP¥4.67b (flat on 1Q 2021). Net income: JP¥202.0m (up 446% from 1Q 2021). Profit margin: 4.3% (up from 0.8% in 1Q 2021). 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 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 24
Full year 2021 earnings released: EPS JP¥44.99 (vs JP¥61.75 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥19.8b (down 12% from FY 2020). Net income: JP¥789.0m (down 30% from FY 2020). Profit margin: 4.0% (down from 5.1% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 16
Full year 2021 earnings released: EPS JP¥44.99 (vs JP¥61.75 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥19.8b (down 12% from FY 2020). Net income: JP¥789.0m (down 30% from FY 2020). Profit margin: 4.0% (down from 5.1% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 04 June 2021. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.3%). Reported Earnings • Feb 05
Third quarter 2021 earnings released: EPS JP¥4.48 (vs JP¥12.17 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥4.55b (down 14% from 3Q 2020). Net income: JP¥75.0m (down 66% from 3Q 2020). Profit margin: 1.6% (down from 4.2% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Jan 19
New 90-day high: JP¥517 The company is up 5.0% from its price of JP¥494 on 21 October 2020. The Japanese market is up 13% 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. Aankondiging • Jan 08
NCS&A Co., Ltd. to Report Q3, 2021 Results on Feb 01, 2021 NCS&A Co., Ltd. announced that they will report Q3, 2021 results on Feb 01, 2021 Is New 90 Day High Low • Dec 25
New 90-day low: JP¥454 The company is down 11% from its price of JP¥508 on 25 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 2.0% over the same period. Aankondiging • Sep 13
NCS&A Co., Ltd. to Report Q2, 2021 Results on Oct 27, 2020 NCS&A Co., Ltd. announced that they will report Q2, 2021 results on Oct 27, 2020 Aankondiging • Jun 29
NCS&A Co., Ltd. to Report Q1, 2021 Results on Jul 28, 2020 NCS&A Co., Ltd. announced that they will report Q1, 2021 results on Jul 28, 2020