MUN:FJT

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Executive Summary

Fuji Soft Incorporated operates as an IT company worldwide.


Snowflake Analysis

Undervalued with excellent balance sheet.

Share Price & News

How has Fuji Soft's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FJT's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

4.0%

FJT

5.1%

DE Software

0.7%

DE Market


1 Year Return

-7.8%

FJT

12.4%

DE Software

3.9%

DE Market

Return vs Industry: FJT underperformed the German Software industry which returned 11.4% over the past year.

Return vs Market: FJT underperformed the German Market which returned 3% over the past year.


Shareholder returns

FJTIndustryMarket
7 Day4.0%5.1%0.7%
30 Day2.1%11.6%1.4%
90 Day22.4%23.2%17.3%
1 Year-6.7%-7.8%14.0%12.4%6.2%3.9%
3 Year51.9%47.3%56.9%50.6%1.8%-6.2%
5 Year100.0%89.8%118.2%103.1%9.3%-5.4%

Price Volatility Vs. Market

How volatile is Fuji Soft's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Fuji Soft undervalued compared to its fair value and its price relative to the market?

22.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FJT (€35.93) is trading below our estimate of fair value (€46.33)

Significantly Below Fair Value: FJT is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: FJT is good value based on its PE Ratio (17.1x) compared to the DE Software industry average (27.5x).

PE vs Market: FJT is good value based on its PE Ratio (17.1x) compared to the German market (21x).


Price to Earnings Growth Ratio

PEG Ratio: FJT is poor value based on its PEG Ratio (2x)


Price to Book Ratio

PB vs Industry: FJT is good value based on its PB Ratio (1.2x) compared to the DE Software industry average (3.4x).


Next Steps

Future Growth

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

8.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FJT's forecast earnings growth (8.6% per year) is above the savings rate (0.2%).

Earnings vs Market: FJT's earnings (8.6% per year) are forecast to grow slower than the German market (22.4% per year).

High Growth Earnings: FJT's earnings are forecast to grow, but not significantly.

Revenue vs Market: FJT's revenue (4.7% per year) is forecast to grow slower than the German market (6% per year).

High Growth Revenue: FJT's revenue (4.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FJT's Return on Equity is forecast to be low in 3 years time (7.5%).


Next Steps

Past Performance

How has Fuji Soft performed over the past 5 years?

11.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FJT has high quality earnings.

Growing Profit Margin: FJT's current net profit margins (3.4%) are higher than last year (3.3%).


Past Earnings Growth Analysis

Earnings Trend: FJT's earnings have grown by 11.9% per year over the past 5 years.

Accelerating Growth: FJT's earnings growth over the past year (15.9%) exceeds its 5-year average (11.9% per year).

Earnings vs Industry: FJT earnings growth over the past year (15.9%) underperformed the Software industry 30.6%.


Return on Equity

High ROE: FJT's Return on Equity (7.7%) is considered low.


Next Steps

Financial Health

How is Fuji Soft's financial position?


Financial Position Analysis

Short Term Liabilities: FJT's short term assets (¥91.5B) exceed its short term liabilities (¥57.7B).

Long Term Liabilities: FJT's short term assets (¥91.5B) exceed its long term liabilities (¥30.9B).


Debt to Equity History and Analysis

Debt Level: FJT's debt to equity ratio (32.9%) is considered satisfactory.

Reducing Debt: FJT's debt to equity ratio has increased from 21.1% to 32.9% over the past 5 years.

Debt Coverage: FJT's debt is well covered by operating cash flow (25.6%).

Interest Coverage: FJT earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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

1.04%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: FJT's dividend (1.04%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.25%).

High Dividend: FJT's dividend (1.04%) is low compared to the top 25% of dividend payers in the German market (3.85%).


Stability and Growth of Payments

Stable Dividend: FJT's dividend payments have been volatile in the past 10 years.

Growing Dividend: FJT's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (16.2%), FJT's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.9yrs

Average management tenure


CEO

Satoyasu Sakashita (59yo)

8.08yrs

Tenure

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 Off ...


Leadership Team

NamePositionTenureCompensationOwnership
Hiroshi Nozawa
Founder8.75yrsno data5.58% ¥63.9m
Satoyasu Sakashita
Executive President and Representative Director8.08yrsno data0.033% ¥373.6k
Hiroyuki Kimura
Executive Officerno datano datano data
Yoshiharu Shiraishi
Head of MS Business2.33yrsno data0.0038% ¥43.9k
Motohiro Harai
Head & GM of Regenerative Medical Research2.33yrsno data0.0048% ¥54.9k
Seto Arai
Senior Executive Operating Officer2.33yrsno data0.0016% ¥18.3k
Eiji Honda
Exec. Operating Officerno datano datano data
Keiji Takao
Head of Future Creation and Executive Officerno datano datano data
Ninkou Son
Executive Operating Officer1.5yrsno datano data
Tadashi Tsutsui
Executive Operating Officer0.50yrno datano data

1.9yrs

Average Tenure

Experienced Management: FJT's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Hiroshi Nozawa
Founder8.75yrsno data5.58% ¥63.9m
Satoyasu Sakashita
Executive President and Representative Director8.08yrsno data0.033% ¥373.6k
Yoshiharu Shiraishi
Head of MS Business2.33yrsno data0.0038% ¥43.9k
Motohiro Harai
Head & GM of Regenerative Medical Research2.33yrsno data0.0048% ¥54.9k
Seto Arai
Senior Executive Operating Officer2.33yrsno data0.0016% ¥18.3k
Masaki Shibuya
Director & Senior Executive Operating Officer3.25yrsno data0.0048% ¥54.9k
Masataka Yamaguchi
Standing Auditor4.33yrsno data0.0067% ¥76.9k
Shinichi Yuta
Independent Outside Director6.33yrsno data0.0022% ¥25.7k
Tateki Ooishi
Independent Outside Director1.33yrsno datano data
Minoru Koyama
Independent Outside Director1.33yrsno data0.00096% ¥11.0k

2.8yrs

Average Tenure

67yo

Average Age

Experienced Board: FJT's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Fuji Soft Incorporated's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Fuji Soft Incorporated
  • Ticker: FJT
  • Exchange: MUN
  • Founded: 1970
  • Industry: Systems Software
  • Sector: Software
  • Market Cap: JP¥138.475b
  • Listing Market Cap: JP¥1.146b
  • Shares outstanding: 31.29m
  • Website: https://www.fsi.co.jp

Number of Employees


Location

  • Fuji Soft Incorporated
  • 1-1 Sakuragi-cho
  • Naka-ku
  • Yokohama
  • Kanagawa
  • 231-8008
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FJTMUN (Boerse Muenchen)YesCommon StockDEEURJan 1992
9749TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYJan 1992

Biography

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. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/10 21:09
End of Day Share Price2020/07/10 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.