Upcoming Dividend • Jun 22
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 29 June 2026. Payment date: 11 September 2026. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.9%). Higher than average of industry peers (1.1%). Announcement • Jun 05
Open Up Group Inc. to Report Fiscal Year 2026 Results on Aug 07, 2026 Open Up Group Inc. announced that they will report fiscal year 2026 results at 9:00 AM, Tokyo Standard Time on Aug 07, 2026 Reported Earnings • May 13
Third quarter 2026 earnings released: EPS: JP¥38.02 (vs JP¥32.81 in 3Q 2025) Third quarter 2026 results: EPS: JP¥38.02 (up from JP¥32.81 in 3Q 2025). Revenue: JP¥41.7b (down 8.9% from 3Q 2025). Net income: JP¥3.23b (up 13% from 3Q 2025). Profit margin: 7.7% (up from 6.2% in 3Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Professional Services industry in Japan. 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 2% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Apr 01
Now 20% overvalued Over the last 90 days, the stock has fallen 1.5% to JP¥1,815. The fair value is estimated to be JP¥1,509, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 9.8%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 4.6% in the next 2 years. Announcement • Mar 31
Open Up Group Inc. to Report Q3, 2026 Results on May 08, 2026 Open Up Group Inc. announced that they will report Q3, 2026 results on May 08, 2026 Declared Dividend • Feb 28
First half dividend of JP¥50.00 announced Shareholders will receive a dividend of JP¥50.00. Ex-date: 29th June 2026 Payment date: 11th September 2026 Dividend yield will be 4.4%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Feb 27
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 6.3% to JP¥1,913. The fair value is estimated to be JP¥1,571, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 9.8%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 4.6% in the next 2 years. Reported Earnings • Feb 07
Second quarter 2026 earnings released: EPS: JP¥43.59 (vs JP¥40.25 in 2Q 2025) Second quarter 2026 results: EPS: JP¥43.59 (up from JP¥40.25 in 2Q 2025). Revenue: JP¥42.4b (down 20% from 2Q 2025). Net income: JP¥3.71b (up 6.0% from 2Q 2025). Profit margin: 8.7% (up from 6.6% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Feb 05
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 9.7% to JP¥1,906. The fair value is estimated to be JP¥1,587, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 7.0% in 2 years. Earnings are forecast to grow by 6.4% in the next 2 years. Buy Or Sell Opportunity • Jan 07
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 8.3% to JP¥1,854. The fair value is estimated to be JP¥1,541, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 7.0% in 2 years. Earnings are forecast to grow by 6.4% in the next 2 years. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 02 March 2026. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.1%). Buy Or Sell Opportunity • Dec 18
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 5.6% to JP¥1,864. The fair value is estimated to be JP¥1,546, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 7.0% in 2 years. Earnings are forecast to grow by 6.4% in the next 2 years. Announcement • Dec 17
Open Up Group Inc. to Report Q2, 2026 Results on Feb 06, 2026 Open Up Group Inc. announced that they will report Q2, 2026 results on Feb 06, 2026 Reported Earnings • Nov 08
First quarter 2026 earnings released: EPS: JP¥32.39 (vs JP¥27.49 in 1Q 2025) First quarter 2026 results: EPS: JP¥32.39 (up from JP¥27.49 in 1Q 2025). Revenue: JP¥41.2b (down 15% from 1Q 2025). Net income: JP¥2.78b (up 16% from 1Q 2025). Profit margin: 6.7% (up from 4.9% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Declared Dividend • Oct 05
Final dividend of JP¥35.00 announced Shareholders will receive a dividend of JP¥35.00. Ex-date: 29th December 2025 Payment date: 2nd March 2026 Dividend yield will be 4.6%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (55% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Oct 01
Open Up Group Inc. to Report Q1, 2026 Results on Nov 07, 2025 Open Up Group Inc. announced that they will report Q1, 2026 results on Nov 07, 2025 Reported Earnings • Aug 09
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: EPS: JP¥145 (up from JP¥120 in FY 2024). Revenue: JP¥188.0b (up 8.5% from FY 2024). Net income: JP¥12.6b (up 20% from FY 2024). Profit margin: 6.7% (up from 6.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) exceeded analyst estimates by 11%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Aug 08
Open Up Group Inc., Annual General Meeting, Sep 25, 2025 Open Up Group Inc., Annual General Meeting, Sep 25, 2025. Announcement • Jun 21
Open Up Group Inc. to Report Fiscal Year 2025 Results on Aug 08, 2025 Open Up Group Inc. announced that they will report fiscal year 2025 results on Aug 08, 2025 Upcoming Dividend • Jun 20
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 27 June 2025. Payment date: 11 September 2025. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.2%). Reported Earnings • May 10
Third quarter 2025 earnings released: EPS: JP¥32.81 (vs JP¥32.12 in 3Q 2024) Third quarter 2025 results: EPS: JP¥32.81 (up from JP¥32.12 in 3Q 2024). Revenue: JP¥45.8b (up 10.0% from 3Q 2024). Net income: JP¥2.85b (up 2.3% from 3Q 2024). Profit margin: 6.2% (down from 6.7% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥1,547, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Professional Services industry in Japan. Negligible returns to shareholders over past three years. Announcement • Mar 27
Open Up Group Inc. to Report Q3, 2025 Results on May 09, 2025 Open Up Group Inc. announced that they will report Q3, 2025 results on May 09, 2025 Declared Dividend • Mar 01
First half dividend of JP¥45.00 announced Shareholders will receive a dividend of JP¥45.00. Ex-date: 27th June 2025 Payment date: 11th September 2025 Dividend yield will be 4.1%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 08
Second quarter 2025 earnings: EPS and revenues exceed analyst expectations Second quarter 2025 results: EPS: JP¥40.25 (up from JP¥36.95 in 2Q 2024). Revenue: JP¥52.7b (up 21% from 2Q 2024). Net income: JP¥3.50b (up 9.3% from 2Q 2024). Profit margin: 6.6% (down from 7.3% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) also surpassed analyst estimates by 7.4%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 20
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 03 March 2025. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (0.9%). Announcement • Nov 30
Open Up Group Inc. to Report Q2, 2025 Results on Feb 07, 2025 Open Up Group Inc. announced that they will report Q2, 2025 results on Feb 07, 2025 Reported Earnings • Nov 09
First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2025 results: EPS: JP¥27.49 (up from JP¥25.47 in 1Q 2024). Revenue: JP¥48.4b (up 17% from 1Q 2024). Net income: JP¥2.39b (up 8.3% from 1Q 2024). Profit margin: 4.9% (down from 5.3% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.8%. Earnings per share (EPS) missed analyst estimates by 3.0%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Oct 01
Open Up Group Inc. to Report Q1, 2025 Results on Nov 08, 2024 Open Up Group Inc. announced that they will report Q1, 2025 results on Nov 08, 2024 Buy Or Sell Opportunity • Aug 27
Now 20% overvalued Over the last 90 days, the stock has fallen 3.5% to JP¥1,924. The fair value is estimated to be JP¥1,603, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 35%. For the next 3 years, revenue is forecast to grow by 8.7% per annum. Earnings are also forecast to grow by 7.7% per annum over the same time period. Reported Earnings • Aug 13
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: JP¥120 (up from JP¥109 in FY 2023). Revenue: JP¥173.2b (up 7.1% from FY 2023). Net income: JP¥10.4b (up 9.5% from FY 2023). Profit margin: 6.0% (up from 5.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 10%. Revenue is forecast to grow 9.3% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Announcement • Aug 09
Open Up Group Inc., Annual General Meeting, Sep 25, 2024 Open Up Group Inc., Annual General Meeting, Sep 25, 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 6.6% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to JP¥1,606, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Professional Services industry in Japan. Total returns to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,193 per share. Announcement • Jun 28
Open Up Group Inc. to Report Fiscal Year 2024 Results on Aug 09, 2024 Open Up Group Inc. announced that they will report fiscal year 2024 results on Aug 09, 2024 Upcoming Dividend • Jun 20
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 27 June 2024. Payment date: 12 September 2024. Payout ratio is a comfortable 29% 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 (1.0%). Reported Earnings • May 12
Third quarter 2024 earnings released: EPS: JP¥32.13 (vs JP¥29.50 in 3Q 2023) Third quarter 2024 results: EPS: JP¥32.13 (up from JP¥29.50 in 3Q 2023). Revenue: JP¥41.6b (up 5.1% from 3Q 2023). Net income: JP¥2.79b (up 9.0% from 3Q 2023). Profit margin: 6.7% (up from 6.5% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • May 11
Open Up Group Inc. Announces Dividend for the Second Quarter End and Provides Guidance for the Fiscal Year Ending June 2024 Open Up Group Inc. announced dividend for the second quarter end and provides guidance for the fiscal year ending June 2024. For the second quarter announces dividend of JPY 20 per share compared to JPY 17 per share a year ago. For the period, the company expects dividend of JPY 45.00 per share compare to prior guidance of JPY 35 per share. Announcement • Mar 28
Open Up Group Inc. to Report Q3, 2024 Results on May 10, 2024 Open Up Group Inc. announced that they will report Q3, 2024 results on May 10, 2024 Reported Earnings • Feb 16
Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2024 results: EPS: JP¥36.95 (up from JP¥35.77 in 2Q 2023). Revenue: JP¥43.7b (up 5.7% from 2Q 2023). Net income: JP¥3.20b (up 1.8% from 2Q 2023). Profit margin: 7.3% (down from 7.6% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.2%. Earnings per share (EPS) exceeded analyst estimates by 1.2%. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Declared Dividend • Feb 11
First half dividend of JP¥35.00 announced Shareholders will receive a dividend of JP¥35.00. Ex-date: 27th June 2024 Payment date: 12th September 2024 Dividend yield will be 2.4%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Feb 09
Open Up Group Inc. Revises Consolidated Earnings Guidance for the Fiscal Year Ending June 30, 2024 Open Up Group Inc. revised consolidated earnings guidance for the fiscal year ending June 30, 2024. For the year, the company expects revised net sales of JPY 172,000 million, operating profit of JPY 13,900 million, profit attributable to the parent company's owners of JPY 11,200 million and EPS of JPY 129.40 compared to previously expected net sales of JPY 178,000 million, operating profit of JPY 14,300 million, profit attributable to the parent company's owners of JPY 10,000 million and EPS of JPY 115.54. Upcoming Dividend • Dec 21
Upcoming dividend of JP¥20.00 per share at 2.5% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 04 March 2024. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.2%). Reported Earnings • Nov 11
First quarter 2024 earnings released: EPS: JP¥26.29 (vs JP¥24.01 in 1Q 2023) First quarter 2024 results: EPS: JP¥26.29 (up from JP¥24.01 in 1Q 2023). Revenue: JP¥44.0b (up 13% from 1Q 2023). Net income: JP¥2.28b (up 7.3% from 1Q 2023). Profit margin: 5.2% (down from 5.4% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Announcement • Sep 08
Open Up Group Inc. to Report Q1, 2024 Results on Nov 10, 2023 Open Up Group Inc. announced that they will report Q1, 2024 results on Nov 10, 2023 Announcement • Aug 18
Open Up Group Inc. Announces Management Changes, Effective September 26, 2023 Open Up Group Inc. announced management changes. Directors and Auditors Scheduled to Retire (Expected to retire at the conclusion of 19th Regular Shareholders' Meeting, scheduled for September 26, 2023): Name: Kenjiro Ogawa, New Position: Director; Name: Noriyuki Murai, New Position: Director; Name: Hiroaki Rokugawa, New Position: Outside Auditor. Hiroaki Rokugawa is a candidate for Outside Director (Audit and Supervisory Committee Member). Noriyuki Murai will continue to serve as senior executive officer. Kenjiro Ogawa will continue to serve as executive officer. Reported Earnings • Aug 12
Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2023 results: EPS: JP¥109 (up from JP¥78.30 in FY 2022). Revenue: JP¥161.7b (up 8.8% from FY 2022). Net income: JP¥9.53b (up 37% from FY 2022). Profit margin: 5.9% (up from 4.7% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) exceeded analyst estimates by 8.9%. Revenue is forecast to grow 10.0% p.a. on average during the next 2 years, compared to a 8.2% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥30.00 per share at 2.2% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 09 September 2023. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.3%). Announcement • Jun 09
Open Up Group Inc. to Report Fiscal Year 2023 Results on Aug 10, 2023 Open Up Group Inc. announced that they will report fiscal year 2023 results on Aug 10, 2023 Reported Earnings • May 14
Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2023 results: EPS: JP¥29.51 (up from JP¥9.47 in 3Q 2022). Revenue: JP¥39.6b (up 9.2% from 3Q 2022). Net income: JP¥2.56b (up 206% from 3Q 2022). Profit margin: 6.5% (up from 2.3% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) exceeded analyst estimates by 21%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 12
Second quarter 2023 earnings: EPS exceeds analyst expectations Second quarter 2023 results: EPS: JP¥29.87 (up from JP¥17.27 in 2Q 2022). Revenue: JP¥40.2b (up 6.0% from 2Q 2022). Net income: JP¥2.63b (up 71% from 2Q 2022). Profit margin: 6.6% (up from 4.1% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 40%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year and the company’s share price has also increased by 20% per year. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥17.00 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 06 March 2023. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%). Announcement • Nov 30
BeNext-Yumeshin Group Co. to Report Q2, 2023 Results on Feb 10, 2023 BeNext-Yumeshin Group Co. announced that they will report Q2, 2023 results on Feb 10, 2023 Price Target Changed • Nov 16
Price target increased to JP¥2,450 Up from JP¥2,200, the current price target is an average from 2 analysts. New target price is 29% above last closing price of JP¥1,903. Stock is up 9.6% over the past year. The company is forecast to post earnings per share of JP¥93.99 for next year compared to JP¥78.30 last year. Board Change • Nov 16
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. 9 experienced directors. 3 highly experienced directors. Chairman & CEO Yutaka Nishida was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Price Target Changed • Nov 08
Price target increased to JP¥2,450 Up from JP¥2,200, the current price target is an average from 2 analysts. New target price is 24% above last closing price of JP¥1,978. Stock is up 23% over the past year. The company is forecast to post earnings per share of JP¥94.42 for next year compared to JP¥78.30 last year. Reported Earnings • Nov 06
First quarter 2023 earnings released: EPS: JP¥24.01 (vs JP¥9.32 in 1Q 2022) First quarter 2023 results: EPS: JP¥24.01 (up from JP¥9.32 in 1Q 2022). Revenue: JP¥39.0b (down 13% from 1Q 2022). Net income: JP¥2.12b (up 152% from 1Q 2022). Profit margin: 5.4% (up from 1.9% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Oct 01
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: JP¥78.30 (up from JP¥47.64 in FY 2021). Revenue: JP¥148.6b (up 56% from FY 2021). Net income: JP¥6.98b (up 167% from FY 2021). Profit margin: 4.7% (up from 2.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) missed analyst estimates by 5.6%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • Sep 28
BeNext-Yumeshin Group Co. to Report Q1, 2023 Results on Nov 04, 2022 BeNext-Yumeshin Group Co. announced that they will report Q1, 2023 results on Nov 04, 2022 Major Estimate Revision • Aug 17
Consensus EPS estimates increase by 12% The consensus outlook for earnings per share (EPS) in 2023 has improved. 2023 revenue forecast increased from JP¥159.2b to JP¥164.0b. EPS estimate increased from JP¥82.56 to JP¥92.60 per share. Net income forecast to grow 113% next year vs 12% growth forecast for Professional Services industry in Japan. Consensus price target up from JP¥2,200 to JP¥2,350. Share price rose 2.4% to JP¥1,737 over the past week. Price Target Changed • Aug 16
Price target increased to JP¥2,350 Up from JP¥2,150, the current price target is an average from 3 analysts. New target price is 36% above last closing price of JP¥1,731. Stock is up 50% over the past year. The company is forecast to post earnings per share of JP¥92.60 for next year compared to JP¥43.07 last year. Reported Earnings • Aug 07
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: JP¥43.07. Revenue: JP¥156.6b (up 65% from FY 2021). Net income: JP¥3.84b (up 47% from FY 2021). Profit margin: 2.4% (down from 2.7% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 1.6%, compared to a 16% growth forecast for the industry in Japan. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥28.00 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 13 September 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.2%). Announcement • Jun 17
BeNext-Yumeshin Group Co., Annual General Meeting, Sep 27, 2022 BeNext-Yumeshin Group Co., Annual General Meeting, Sep 27, 2022. Agenda: To propose corporate name subject to the approval of a partial amendment to the Articles of Incorporation. Announcement • Jun 03
BeNext-Yumeshin Group Co. to Report Fiscal Year 2022 Results on Aug 05, 2022 BeNext-Yumeshin Group Co. announced that they will report fiscal year 2022 results on Aug 05, 2022