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Fuji Soft

MUN:FJT
Snowflake Description

Flawless balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FJT
MUN
¥153B
Market Cap
  1. Home
  2. DE
  3. Software
Company description

Fuji Soft Incorporated operates as an IT company worldwide. The last earnings update was 66 days ago. More info.


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FJT Share Price and Events
7 Day Returns
1.4%
MUN:FJT
-1.4%
DE Software
-1.8%
DE Market
1 Year Returns
15.5%
MUN:FJT
17.3%
DE Software
-6.7%
DE Market
FJT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Fuji Soft (FJT) 1.4% 2.4% 11.4% 15.5% 86.9% 138.8%
DE Software -1.4% 6.8% 19.6% 17.3% 72.4% 107.3%
DE Market -1.8% 1.6% -1.6% -6.7% 10.1% 11%
1 Year Return vs Industry and Market
  • FJT underperformed the Software industry which returned 17.3% over the past year.
  • FJT outperformed the Market in Germany which returned -6.7% over the past year.
Price Volatility
FJT
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Fuji Soft's competitors could be found in our database.

FJT Value

 Is Fuji Soft undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Fuji Soft to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Fuji Soft.

MUN:FJT Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 6 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.3%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for MUN:FJT
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Software Unlevered Beta Simply Wall St/ S&P Global 1.12
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.12 (1 + (1- 30.86%) (20.99%))
1.189
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.19
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.189 * 5.96%)
7.32%

Discounted Cash Flow Calculation for MUN:FJT using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Fuji Soft is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

MUN:FJT DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (JPY, Millions) Source Present Value
Discounted (@ 7.32%)
2020 9,418.67 Analyst x3 8,776.57
2021 10,651.00 Analyst x4 9,248.28
2022 12,730.00 Analyst x2 10,299.94
2023 14,105.00 Analyst x2 10,634.44
2024 15,127.14 Est @ 7.25% 10,627.56
2025 15,904.83 Est @ 5.14% 10,412.17
2026 16,488.08 Est @ 3.67% 10,058.14
2027 16,922.60 Est @ 2.64% 9,619.45
2028 17,246.36 Est @ 1.91% 9,135.16
2029 17,489.13 Est @ 1.41% 8,632.21
Present value of next 10 years cash flows ¥97,443.93
MUN:FJT DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ¥17,489.13 × (1 + 0.23%) ÷ (7.32% – 0.23%)
¥247,304.17
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ¥247,304.17 ÷ (1 + 7.32%)10
¥122,063.36
MUN:FJT Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ¥97,443.93 + ¥122,063.36
¥219,507.29
Equity Value per Share
(JPY)
= Total value / Shares Outstanding
= ¥219,507.29 / 31.29
¥7014.33
MUN:FJT Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in MUN:FJT represents 0.008x of TSE:9749
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.008x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (JPY) x Listing Adjustment Factor
= ¥ 7,014.33 x 0.008
€56.11
Value per share (EUR) From above. €56.11
Current discount Discount to share price of €39.00
= -1 x (€39.00 - €56.11) / €56.11
30.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Fuji Soft is available for.
Intrinsic value
30%
Share price is €39 vs Future cash flow value of €56.11
Current Discount Checks
For Fuji Soft to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Fuji Soft's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Fuji Soft's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Fuji Soft's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Fuji Soft's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
MUN:FJT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in JPY ¥223.84
TSE:9749 Share Price ** TSE (2019-07-15) in JPY ¥4875
Germany Software Industry PE Ratio Median Figure of 18 Publicly-Listed Software Companies 34.6x
Germany Market PE Ratio Median Figure of 419 Publicly-Listed Companies 20.05x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Fuji Soft.

MUN:FJT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:9749 Share Price ÷ EPS (both in JPY)

= 4875 ÷ 223.84

21.78x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Fuji Soft is good value based on earnings compared to the DE Software industry average.
  • Fuji Soft is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Fuji Soft's expected growth come at a high price?
Raw Data
MUN:FJT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 21.78x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
11%per year
Germany Software Industry PEG Ratio Median Figure of 13 Publicly-Listed Software Companies 2.24x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.47x

*Line of best fit is calculated by linear regression .

MUN:FJT PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 21.78x ÷ 11%

1.98x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Fuji Soft is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Fuji Soft's assets?
Raw Data
MUN:FJT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in JPY ¥3,451.71
TSE:9749 Share Price * TSE (2019-07-15) in JPY ¥4875
Germany Software Industry PB Ratio Median Figure of 32 Publicly-Listed Software Companies 3.06x
Germany Market PB Ratio Median Figure of 565 Publicly-Listed Companies 1.74x
MUN:FJT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:9749 Share Price ÷ Book Value per Share (both in JPY)

= 4875 ÷ 3,451.71

1.41x

* Primary Listing of Fuji Soft.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Fuji Soft is good value based on assets compared to the DE Software industry average.
X
Value checks
We assess Fuji Soft's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. Fuji Soft has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

FJT Future Performance

 How is Fuji Soft expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
11%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Fuji Soft expected to grow at an attractive rate?
  • Fuji Soft's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Fuji Soft's earnings growth is positive but not above the Germany market average.
  • Fuji Soft's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
MUN:FJT Future Growth Rates Data Sources
Data Point Source Value (per year)
MUN:FJT Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 11%
MUN:FJT Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 5.6%
Germany Software Industry Earnings Growth Rate Market Cap Weighted Average 19.6%
Germany Software Industry Revenue Growth Rate Market Cap Weighted Average 7.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
MUN:FJT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
MUN:FJT Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 275,000 18,500 12,800 1
2022-12-31 261,000 16,500 11,300 1
2021-12-31 249,958 15,139 9,698 5
2020-12-31 237,437 14,305 8,845 6
2019-12-31 222,085 12,633 8,069 6
MUN:FJT Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2019-03-31 210,076 7,005
2018-12-31 204,329 11,192 6,516
2018-09-30 198,748 6,478
2018-06-30 191,350 7,503 6,557
2018-03-31 185,410 6,064
2017-12-31 180,773 9,244 5,797
2017-09-30 176,570 5,354
2017-06-30 172,480 8,819 5,493
2017-03-31 167,786 5,364
2016-12-31 164,218 9,530 5,042
2016-09-30 159,856 4,964
2016-06-30 157,371 11,552 5,114

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Fuji Soft's earnings are expected to grow by 11% yearly, however this is not considered high growth (20% yearly).
  • Fuji Soft's revenue is expected to grow by 5.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
MUN:FJT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from Fuji Soft Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

MUN:FJT Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 316.56 349.89 278.00 6.00
2020-12-31 280.55 310.00 246.20 7.00
2019-12-31 256.59 287.60 221.20 7.00
MUN:FJT Past Financials Data
Date (Data in JPY Millions) EPS *
2019-03-31 223.84
2018-12-31 208.22
2018-09-30 207.00
2018-06-30 209.53
2018-03-31 193.79
2017-12-31 185.31
2017-09-30 171.24
2017-06-30 175.82
2017-03-31 171.83
2016-12-31 161.61
2016-09-30 159.21
2016-06-30 164.10

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Fuji Soft is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Fuji Soft's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Fuji Soft has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

FJT Past Performance

  How has Fuji Soft performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Fuji Soft's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Fuji Soft's year on year earnings growth rate has been positive over the past 5 years.
  • Fuji Soft's 1-year earnings growth exceeds its 5-year average (15.5% vs 9.6%)
  • Fuji Soft's earnings growth has not exceeded the DE Software industry average in the past year (15.5% vs 17.1%).
Earnings and Revenue History
Fuji Soft's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Fuji Soft Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

MUN:FJT Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 210,076.00 7,005.00 34,019.00 660.00
2018-12-31 204,329.00 6,516.00 33,055.00 660.00
2018-09-30 198,748.00 6,478.00 31,947.00 772.00
2018-06-30 191,350.00 6,557.00 31,187.00 772.00
2018-03-31 185,410.00 6,064.00 29,970.00 772.00
2017-12-31 180,773.00 5,797.00 29,150.00 772.00
2017-09-30 176,570.00 5,354.00 28,763.00 726.00
2017-06-30 172,480.00 5,493.00 28,003.00 726.00
2017-03-31 167,786.00 5,364.00 27,129.00 726.00
2016-12-31 164,218.00 5,042.00 26,614.00 726.00
2016-09-30 159,856.00 4,964.00 26,542.00 585.00
2016-06-30 157,371.00 5,114.00 26,013.00 585.00
2016-03-31 155,789.00 5,031.00 25,685.00 585.00
2015-12-31 153,661.00 4,922.00 25,252.00 585.00
2015-09-30 152,288.00 4,672.00 25,014.00 582.00
2015-06-30 151,384.00 4,580.00 24,817.00 582.00
2015-03-31 148,431.00 4,698.00 24,026.00 582.00
2014-12-31 148,452.00 4,874.00 23,848.00 582.00
2013-12-31 141,492.00 5,201.00 21,558.00 1,060.00
2013-09-30 137,770.00 4,973.00 22,503.00 664.00
2013-06-30 137,496.00 5,370.00 22,834.00 664.00
2013-03-31 138,211.00 4,002.00 22,668.00 664.00
2012-12-31 139,222.00 3,759.00 22,037.00 675.00
2012-09-30 138,428.00 2,907.00 22,350.00 675.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Fuji Soft has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Fuji Soft used its assets less efficiently than the DE Software industry average last year based on Return on Assets.
  • Fuji Soft has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Fuji Soft's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Fuji Soft has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

FJT Health

 How is Fuji Soft's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Fuji Soft's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Fuji Soft is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Fuji Soft's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Fuji Soft's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Fuji Soft Company Filings, last reported 3 months ago.

MUN:FJT Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 121,767.00 32,015.00 28,736.00
2018-12-31 119,670.00 29,526.00 26,554.00
2018-09-30 121,143.00 27,712.00 24,135.00
2018-06-30 121,541.00 29,335.00 23,703.00
2018-03-31 119,239.00 30,710.00 22,604.00
2017-12-31 118,411.00 12,646.00 24,051.00
2017-09-30 114,025.00 11,709.00 23,017.00
2017-06-30 112,270.00 15,050.00 26,182.00
2017-03-31 109,818.00 15,605.00 24,738.00
2016-12-31 109,001.00 16,133.00 23,634.00
2016-09-30 106,121.00 16,349.00 22,708.00
2016-06-30 105,125.00 16,769.00 22,793.00
2016-03-31 105,164.00 18,519.00 21,717.00
2015-12-31 104,078.00 15,209.00 16,584.00
2015-09-30 102,433.00 17,596.00 17,324.00
2015-06-30 102,876.00 19,024.00 17,236.00
2015-03-31 100,982.00 21,353.00 18,574.00
2014-12-31 100,526.00 21,213.00 18,254.00
2013-12-31 95,071.00 28,933.00 16,647.00
2013-09-30 92,316.00 29,596.00 15,093.00
2013-06-30 90,949.00 28,655.00 15,164.00
2013-03-31 89,232.00 30,909.00 16,014.00
2012-12-31 86,745.00 32,466.00 12,843.00
2012-09-30 85,483.00 34,138.00 13,389.00
  • Fuji Soft's level of debt (26.3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (28% vs 26.3% today).
  • Debt is well covered by operating cash flow (35%, greater than 20% of total debt).
  • Fuji Soft earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Fuji Soft's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Fuji Soft has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

FJT Dividends

 What is Fuji Soft's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.78%
Current annual income from Fuji Soft dividends. Estimated to be 0.97% next year.
If you bought €2,000 of Fuji Soft shares you are expected to receive €16 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Fuji Soft's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.48%).
  • Fuji Soft's dividend is below the markets top 25% of dividend payers in Germany (3.85%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
MUN:FJT Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
Germany Software Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 1.2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 325 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

MUN:FJT Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 51.50 6.00
2020-12-31 47.17 6.00
2019-12-31 43.67 6.00
MUN:FJT Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2019-03-26 38.000 0.829
2019-02-14 38.000 0.872
2018-11-09 36.000 0.787
2018-11-08 36.000 0.659
2018-08-09 36.000 0.687
2018-08-08 36.000 0.763
2018-03-19 36.000 0.813
2018-02-15 36.000 0.906
2017-11-10 30.000 0.835
2017-11-09 30.000 0.867
2017-08-09 30.000 0.910
2017-08-08 30.000 0.908
2017-02-14 30.000 0.986
2016-11-11 28.000 1.026
2016-11-10 28.000 1.059
2016-08-10 28.000 1.013
2016-08-09 28.000 1.062
2016-03-22 28.000 1.143
2016-02-10 28.000 1.195
2015-11-11 28.000 1.064
2015-11-10 28.000 1.171
2015-08-07 28.000 1.305
2015-08-06 28.000 1.104
2015-02-13 28.000 1.107
2014-08-07 28.000 1.111
2014-05-13 28.000 1.269
2014-03-20 21.000 0.996
2013-08-06 21.000 1.020
2013-05-09 21.000 1.015
2013-02-08 22.000 0.978
2013-02-05 22.000 1.120
2012-11-08 22.000 1.285
2012-11-06 22.000 1.297
2012-06-27 20.000 1.411
2012-05-09 20.000 1.585
2012-02-09 20.000 1.324
2012-02-06 20.000 1.341
2011-11-10 20.000 1.489
2011-11-07 20.000 1.616
2011-08-03 20.000 1.685
2011-06-28 20.000 1.676
2011-05-11 20.000 1.771
2011-02-07 20.000 1.542
2010-11-05 20.000 1.496
2010-08-04 20.000 1.558
2010-06-29 20.000 1.367
2010-05-12 20.000 1.237
2010-02-10 10.000 0.649
2010-02-03 10.000 0.688
2009-11-11 10.000 0.658
2009-11-09 10.000 0.602
2009-11-05 10.000 0.607
2009-07-31 30.000 1.818
2009-06-24 30.000 1.637
2009-05-13 30.000 1.696
2009-02-12 30.000 2.018
2009-02-09 30.000 2.141
2008-11-10 30.000 1.686
2008-08-01 30.000 1.681

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Fuji Soft is not paying a notable dividend for Germany, therefore no need to check if the payments are stable.
  • Fuji Soft is not paying a notable dividend for Germany, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Fuji Soft's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Fuji Soft's dividends as it is not paying a notable one for Germany.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Fuji Soft's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Fuji Soft afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Fuji Soft has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

FJT Management

 What is the CEO of Fuji Soft's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Satoyasu Sakashita
AGE 58
TENURE AS CEO 7.1 years
CEO Bio

Mr. Satoyasu Sakashita has been the President of Fuji Soft Incorporated since June 2012. Mr. Sakashita served as a Managing Director of Fuji Soft Incorporated. Mr. Sakashita served as Chief Information Officer and Executive Operating Officer of Fuji Soft Incorporated. He has been Representative Director of Fuji Soft Incorporated since June 2005.

CEO Compensation
  • Insufficient data for Satoyasu to compare compensation growth.
  • Insufficient data for Satoyasu to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure of the Fuji Soft management team in years:

1.3
Average Tenure
  • The average tenure for the Fuji Soft management team is less than 2 years, this suggests a new team.
Management Team

Hiroshi Nozawa

TITLE
Founder
AGE
77

Satoyasu Sakashita

TITLE
Executive President and Representative Director
AGE
58
TENURE
7.1 yrs

Hiroyuki Kimura

TITLE
Executive Officer

Yoshiharu Shiraishi

TITLE
Head of MS Business
TENURE
1.3 yrs

Motohiro Harai

TITLE
Head & GM of Regenerative Medical Research
TENURE
1.3 yrs

Seto Arai

TITLE
Senior Executive Operating Officer
TENURE
0.5 yrs

Eiji Honda

TITLE
Exec. Officer

Kiyofumi Matsuzaki

TITLE
Executive Operating Officer

Keiji Takao

TITLE
Head of Future Creation and Executive Officer

Ninkou Son

TITLE
Executive Operating Officer
TENURE
0.5 yrs
Board of Directors Tenure

Average tenure and age of the Fuji Soft board of directors in years:

1.8
Average Tenure
66
Average Age
  • The average tenure for the Fuji Soft board of directors is less than 3 years, this suggests a new board.
Board of Directors

Hiroshi Nozawa

TITLE
Founder
AGE
77
TENURE
7.8 yrs

Satoyasu Sakashita

TITLE
Executive President and Representative Director
AGE
58
TENURE
7.8 yrs

Yoshiharu Shiraishi

TITLE
Head of MS Business
TENURE
1.3 yrs

Motohiro Harai

TITLE
Head & GM of Regenerative Medical Research
TENURE
1.3 yrs

Seto Arai

TITLE
Senior Executive Operating Officer
TENURE
1.3 yrs

Masaki Shibuya

TITLE
Director & Senior Executive Operating Officer
AGE
50
TENURE
2.3 yrs

Shinichi Yuta

TITLE
Outside Director
AGE
71
TENURE
5.3 yrs

Tateki Ooishi

TITLE
Outside Director
TENURE
0.3 yrs

Minoru Koyama

TITLE
Outside Director
TENURE
0.3 yrs

Masataka Yamaguchi

TITLE
Standing Auditor
AGE
66
TENURE
3.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Fuji Soft's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Fuji Soft has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

FJT News

Simply Wall St News

FJT Company Info

Description

Fuji Soft Incorporated operates as an IT company worldwide. It offers PALRO, a humanoid robot technology that provides information and services; and cloud integration services, such as FSSaaBIS, a solution combined with SaaS for collaboration tools and virtualization environment. The company also provides security solutions, such as surveillance camera solution; consulting services; and security diagnosis services. In addition, it offers broadband solutions, including FSStream consisting system development, image creation, copyright transaction, video encoding, and Website building services; mobile solutions, including FSMobile, a service of mobile phone development. Further, the company offers digital living solutions comprising FSDTV middleware for association of radio industries and businesses; FSDTV middleware for IPTV; and FSDTV for mobile. Additionally, it provides data warehousing, outsourcing, and mobile phone and information appliance development services; operates AKIBA PLAZA for small presentation, workshops, training, lecture meetings, and seminars; and graphics accelerator for Android. The company was formerly known as FUJISOFT ABC Incorporated and changed its name to Fuji Soft Incorporated in July 2006. Fuji Soft Incorporated was founded in 1970 and is headquartered in Yokohama, Japan.

Details
Name: Fuji Soft Incorporated
FJT
Exchange: MUN
Founded: 1970
¥1,255,634,409
31,294,099
Website: http://www.fsi.co.jp
Address: Fuji Soft Incorporated
1-1 Sakuragi-cho,
Naka-ku,
Yokohama,
Kanagawa, 231-8008,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 9749 Common Stock The Tokyo Stock Exchange JP JPY 06. Jan 1992
MUN FJT Common Stock Boerse Muenchen DE EUR 06. Jan 1992
Number of employees
Current staff
Staff numbers
14,910
Fuji Soft employees.
Industry
Systems Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/15 20:48
End of day share price update: 2019/07/15 00:00
Last estimates confirmation: 2019/07/08
Last earnings filing: 2019/05/10
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.