Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥921, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 16x in the Software industry in Japan. Total loss to shareholders of 39% over the past year. New Risk • Mar 30
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 9.3% 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 Risk Share price has been highly volatile over the past 3 months (9.3% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (8.5% net profit margin). Market cap is less than US$100m (JP¥8.84b market cap, or US$55.4m). Announcement • Feb 19
Fast Accounting Co.,Ltd. (TSE:5588) announces an Equity Buyback for 194,000 shares, representing 1.73% for ¥150 million. Fast Accounting Co.,Ltd. (TSE:5588) announces a share repurchase program. Under the program, the company will repurchase up to 194,000 shares, representing 1.73% of its issued share capital, for ¥150 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency, as well as to enable the implementation of flexible capital policies. The program is valid till March 24, 2026. As of December 31, 2025, the company had 11,215,945 shares (excluding treasury shares) and 175 shares in treasury. 
