Reported Earnings • May 09
Full year 2026 earnings: EPS and revenues miss analyst expectations Full year 2026 results: EPS: JP¥47.66 (down from JP¥51.92 in FY 2025). Revenue: JP¥23.8b (down 9.4% from FY 2025). Net income: JP¥3.97b (down 9.6% from FY 2025). Profit margin: 17% (in line with FY 2025). Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 7.4% 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 2% per year, which means it is significantly lagging earnings growth. Announcement • May 09
SIGMAXYZ Holdings Inc. (TSE:6088) announces an Equity Buyback for 600,000 shares, representing 0.73% for ¥300 million. SIGMAXYZ Holdings Inc. (TSE:6088) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 0.73% of its total shares outstanding excluding treasury shares, for a total of ¥300 million. The purpose of repurchase program is to implement flexible capital policies. The repurchase program is valid till July 31, 2026. As of April 30, 2026, the company had 82,022,073 shares outstanding excluding treasury shares and had 3,977,927 shares in treasury. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥26.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 08 June 2026. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%). Reported Earnings • Feb 07
Third quarter 2026 earnings released: EPS: JP¥12.05 (vs JP¥12.04 in 3Q 2025) Third quarter 2026 results: EPS: JP¥12.05. Revenue: JP¥5.47b (down 21% from 3Q 2025). Net income: JP¥1.00b (down 1.8% from 3Q 2025). Profit margin: 18% (up from 15% in 3Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Professional Services industry in Japan. Announcement • Dec 26
SIGMAXYZ Holdings Inc. to Report Q3, 2026 Results on Feb 05, 2026 SIGMAXYZ Holdings Inc. announced that they will report Q3, 2026 results on Feb 05, 2026 Declared Dividend • Nov 07
Dividend of JP¥26.00 announced Shareholders will receive a dividend of JP¥26.00. Ex-date: 30th March 2026 Payment date: 8th June 2026 Dividend yield will be 3.6%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 24% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 68% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 07
Second quarter 2026 earnings released: EPS: JP¥13.69 (vs JP¥12.24 in 2Q 2025) Second quarter 2026 results: EPS: JP¥13.69 (up from JP¥12.24 in 2Q 2025). Revenue: JP¥6.32b (down 4.1% from 2Q 2025). Net income: JP¥1.15b (up 11% from 2Q 2025). Profit margin: 18% (up from 16% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 15% 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 28% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. New Risk • Nov 06
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 5.7% 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 • Nov 06
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥700, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Professional Services industry in Japan. Total returns to shareholders of 18% over the past three years. Announcement • Nov 05
SIGMAXYZ Holdings Inc. (TSE:6088) announces an Equity Buyback for 3,000,000 shares, representing 3.55% for ¥1,800 million. SIGMAXYZ Holdings Inc. (TSE:6088) announces a share repurchase program. Under the program, the company will repurchase up to 3,000,000 shares, representing 3.55% of its total shares outstanding excluding treasury shares, for a total of ¥1,800 million. The purpose of repurchase program is to implement flexible capital policies. The repurchase program is valid till April 30, 2026. As of October 31, 2025, the company had 84,473,373 shares outstanding excluding treasury shares and had 4,526,627 shares in treasury. Announcement • Sep 26
SIGMAXYZ Holdings Inc. to Report Q2, 2026 Results on Nov 05, 2025 SIGMAXYZ Holdings Inc. announced that they will report Q2, 2026 results on Nov 05, 2025 Board Change • Aug 08
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Outside Director Mariko Eguchi was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 07
First quarter 2026 earnings released: EPS: JP¥13.29 (vs JP¥14.80 in 1Q 2025) First quarter 2026 results: EPS: JP¥13.29 (down from JP¥14.80 in 1Q 2025). Revenue: JP¥6.24b (up 4.5% from 1Q 2025). Net income: JP¥1.12b (down 11% from 1Q 2025). Profit margin: 18% (down from 21% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% 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 31% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • Aug 05
SIGMAXYZ Holdings Inc. (TSE:6088) announces an Equity Buyback for 1,300,000 shares, representing 1.53% for ¥1,200 million. SIGMAXYZ Holdings Inc. (TSE:6088) announces a share repurchase program. Under the program, the company will repurchase up to 1,300,000 shares, representing 1.53% of its total shares outstanding excluding treasury shares, for a total of ¥1,200 million. The purpose of repurchase program is to implement flexible capital policies. The repurchase program is valid till April 30, 2026. As of July 31, 2025, the company had 85,103,473 shares outstanding excluding treasury shares and had 3,896,527 shares in treasury. Reported Earnings • Jun 27
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥51.92 (up from JP¥38.31 in FY 2024). Revenue: JP¥26.3b (up 17% from FY 2024). Net income: JP¥4.39b (up 36% from FY 2024). Profit margin: 17% (up from 14% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.2%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 6.5% 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 and the company’s share price has also increased by 33% per year. Announcement • Jun 26
SIGMAXYZ Holdings Inc. to Report Q1, 2026 Results on Aug 05, 2025 SIGMAXYZ Holdings Inc. announced that they will report Q1, 2026 results on Aug 05, 2025 Reported Earnings • May 09
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥51.92 (up from JP¥38.31 in FY 2024). Revenue: JP¥26.3b (up 17% from FY 2024). Net income: JP¥4.39b (up 36% from FY 2024). Profit margin: 17% (up from 14% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.2%. Revenue is forecast to grow 15% p.a. on average during the next 2 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 33% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Announcement • May 08
SIGMAXYZ Holdings Inc., Annual General Meeting, Jun 24, 2025 SIGMAXYZ Holdings Inc., Annual General Meeting, Jun 24, 2025. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥969, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Professional Services industry in Japan. Total returns to shareholders of 80% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,339 per share. Announcement • Mar 25
SIGMAXYZ Holdings Inc. to Report Fiscal Year 2025 Results on May 08, 2025 SIGMAXYZ Holdings Inc. announced that they will report fiscal year 2025 results on May 08, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥21.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 05 June 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.1%). Announcement • Feb 13
SIGMAXYZ Holdings Inc. Revises Year-End Dividend Guidance for the Fiscal Year Ending March 31, 2025 SIGMAXYZ Holdings Inc. provided year-end dividend guidance for the fiscal year ending March 31, 2025. For the year, the company expected to pay dividend of JPY 21.00 per share (forecast calculated based on figures after stock split) or JPY 42.00 per share (forecast calculated based on figures before stock split) as compared to dividend of JPY 27.00 per share a year ago. The Company carried out a two-for-one split of its common stock on December 1, 2024, and the dividend amounts for the fiscal year ended March 31, 2024 are the actual dividend amounts before the stock split. Reported Earnings • Feb 07
Third quarter 2025 earnings released: EPS: JP¥12.04 (vs JP¥9.84 in 3Q 2024) Third quarter 2025 results: EPS: JP¥12.04 (up from JP¥9.84 in 3Q 2024). Revenue: JP¥6.92b (up 21% from 3Q 2024). Net income: JP¥1.02b (up 22% from 3Q 2024). Profit margin: 15% (in line with 3Q 2024). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • Jan 03
SIGMAXYZ Holdings Inc. to Report Q3, 2025 Results on Feb 06, 2025 SIGMAXYZ Holdings Inc. announced that they will report Q3, 2025 results on Feb 06, 2025 Announcement • Dec 18
SIGMAXYZ Holdings Inc. (TSE:6088) signed a letter of intent to acquire 3% stake in CTC First Contact Corporation from BELLSYSTEM24 Holdings, Inc. (TSE:6183) for ¥300 million. SIGMAXYZ Holdings Inc. (TSE:6088) signed a letter of intent to acquire 3% stake in CTC First Contact Corporation from BELLSYSTEM24 Holdings, Inc. (TSE:6183) for ¥300 million on December 16, 2024.
For the period ending February 24, 2024, CTC First Contact Corporation reported total revenue of ¥4.89 billion and net income of ¥581 million. As of February 24, 2024, CTC First Contact Corporation reported total assets of ¥1.86 billion and total common equity of ¥1.18 billion.
The expected date of contract conclusion is January 7, 2025. The expected completion of the transaction is January 16, 2025. New Risk • Nov 26
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 99% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (99% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (5.5% average weekly change). Declared Dividend • Nov 08
Dividend of JP¥38.00 announced Shareholders will receive a dividend of JP¥38.00. Ex-date: 28th March 2025 Payment date: 5th June 2025 Dividend yield will be 2.0%, 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 (46% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 59% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 08
Second quarter 2025 earnings released: EPS: JP¥24.48 (vs JP¥14.55 in 2Q 2024) Second quarter 2025 results: EPS: JP¥24.48 (up from JP¥14.55 in 2Q 2024). Revenue: JP¥6.58b (up 18% from 2Q 2024). Net income: JP¥1.04b (up 69% from 2Q 2024). Profit margin: 16% (up from 11% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% 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 32% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Sep 26
SIGMAXYZ Holdings Inc. to Report Q2, 2025 Results on Nov 06, 2024 SIGMAXYZ Holdings Inc. announced that they will report Q2, 2025 results on Nov 06, 2024 Reported Earnings • Aug 07
First quarter 2025 earnings released: EPS: JP¥29.60 (vs JP¥22.22 in 1Q 2024) First quarter 2025 results: EPS: JP¥29.60 (up from JP¥22.22 in 1Q 2024). Revenue: JP¥5.97b (up 18% from 1Q 2024). Net income: JP¥1.25b (up 35% from 1Q 2024). Profit margin: 21% (up from 18% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.1% 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 13% per year, which means it is significantly lagging earnings growth. Announcement • Aug 05
SIGMAXYZ Holdings Inc. (TSE:6088) announces an Equity Buyback for 1,000,000 shares, representing 2.28% for ¥1,200 million. SIGMAXYZ Holdings Inc. (TSE:6088) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 2.28% of its total shares outstanding excluding treasury shares, for a total of ¥1,200 million. The purpose of repurchase program is to enable flexible implementation of capital policy. The repurchase program is valid till January 31, 2025. As of July 31, 2024, the company had 43,834,254 shares outstanding excluding treasury shares and had 1,165,746 shares in treasury. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to JP¥1,135, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Professional Services industry in Japan. Total returns to shareholders of 14% over the past three years. New Risk • Aug 02
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 5.6% 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 (5.6% average weekly change). Announcement • Jun 26
SIGMAXYZ Holdings Inc. to Report Q1, 2025 Results on Aug 05, 2024 SIGMAXYZ Holdings Inc. announced that they will report Q1, 2025 results on Aug 05, 2024 Announcement • May 10
SIGMAXYZ Holdings Inc., Annual General Meeting, Jun 25, 2024 SIGMAXYZ Holdings Inc., Annual General Meeting, Jun 25, 2024. Reported Earnings • May 09
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: JP¥76.61 (up from JP¥52.32 in FY 2023). Revenue: JP¥22.4b (up 29% from FY 2023). Net income: JP¥3.23b (up 47% from FY 2023). Profit margin: 14% (up from 13% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 1.8%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.5% 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 17% per year, which means it is significantly lagging earnings growth. Price Target Changed • Mar 28
Price target increased by 10% to JP¥2,507 Up from JP¥2,275, the current price target is an average from 3 analysts. New target price is 49% above last closing price of JP¥1,683. Stock is up 48% over the past year. The company is forecast to post earnings per share of JP¥74.50 for next year compared to JP¥52.32 last year. Announcement • Mar 27
SIGMAXYZ Holdings Inc. to Report Fiscal Year 2024 Results on May 08, 2024 SIGMAXYZ Holdings Inc. announced that they will report fiscal year 2024 results on May 08, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥27.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 07 June 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.1%). Reported Earnings • Feb 08
Third quarter 2024 earnings released: EPS: JP¥19.68 (vs JP¥9.80 in 3Q 2023) Third quarter 2024 results: EPS: JP¥19.68 (up from JP¥9.80 in 3Q 2023). Revenue: JP¥5.74b (up 32% from 3Q 2023). Net income: JP¥835.0m (up 102% from 3Q 2023). Profit margin: 14% (up from 9.5% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. New Risk • Feb 07
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 7.3% 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. This is currently the only risk that has been identified for the company. Announcement • Feb 07
SIGMAXYZ Holdings Inc. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024 SIGMAXYZ Holdings Inc. revised consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company now expects revenue of JPY 22,000 million, operating profit of JPY 4,150 million and profit attributable to owners of parent of JPY 3,150 million or JPY 74.65 per share against previous guidance of revenue of JPY 19,200 million, operating profit of JPY 3,850 million and profit attributable to owners of parent of JPY 2,900 million or JPY 69.72 per share. Announcement • Feb 06
SIGMAXYZ Holdings Inc. Revises Dividend Guidance for the Fiscal Year Ending March 31, 2024 SIGMAXYZ Holdings Inc. revised dividend guidance for the fiscal year ending March 31, 2024. For the year, the company now expects to pay dividend of JPY 27.00 per share against JPY 16.00 per share paid a year ago. Announcement • Dec 27
SIGMAXYZ Holdings Inc. to Report Q3, 2024 Results on Feb 06, 2024 SIGMAXYZ Holdings Inc. announced that they will report Q3, 2024 results on Feb 06, 2024 Announcement • Nov 17
SIGMAXYZ Holdings Inc. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024 SIGMAXYZ Holdings Inc. provided dividend guidance for the fiscal year ending March 31, 2024. For the year, the company expects to pay dividend of JPY 25.00 per share. Reported Earnings • Nov 04
Second quarter 2024 earnings released: EPS: JP¥14.55 (vs JP¥12.69 in 2Q 2023) Second quarter 2024 results: EPS: JP¥14.55 (up from JP¥12.69 in 2Q 2023). Revenue: JP¥5.59b (up 35% from 2Q 2023). Net income: JP¥614.0m (up 14% from 2Q 2023). Profit margin: 11% (down from 13% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Announcement • Sep 24
SIGMAXYZ Holdings Inc. to Report Q2, 2024 Results on Nov 02, 2023 SIGMAXYZ Holdings Inc. announced that they will report Q2, 2024 results on Nov 02, 2023 Reported Earnings • Aug 04
First quarter 2024 earnings released: EPS: JP¥22.22 (vs JP¥9.22 in 1Q 2023) First quarter 2024 results: EPS: JP¥22.22 (up from JP¥9.22 in 1Q 2023). Revenue: JP¥5.05b (up 30% from 1Q 2023). Net income: JP¥930.0m (up 137% from 1Q 2023). Profit margin: 18% (up from 10% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% 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 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. Announcement • Jun 24
SIGMAXYZ Holdings Inc. to Report Q1, 2024 Results on Aug 03, 2023 SIGMAXYZ Holdings Inc. announced that they will report Q1, 2024 results on Aug 03, 2023 Announcement • Jun 01
SIGMAXYZ Holdings Inc. (TSE:6088) announces an Equity Buyback for 1,500,000 shares, representing 3.37% for ¥1,200 million. SIGMAXYZ Holdings Inc. (TSE:6088) announces an share repurchase program. Under the program the company will repurchase 1,500,000 shares, representing 3.37% of the outstanding shares for ¥1,200 million. The purpose of the program is to enable the implementation of a flexible capital policy. The program will run until January 31, 2024. As of March 31, 2023, the company had 44,452,586 shares outstanding (excluding treasury stock) and 1,856,014 shares in treasury. Reported Earnings • May 10
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: JP¥52.32. Revenue: JP¥17.3b (up 11% from FY 2022). Net income: JP¥2.20b (up 33% from FY 2022). Profit margin: 13% (up from 11% in FY 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 1.5%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Professional Services industry in Japan. Board Change • Apr 06
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Outside Director Shuichi Kondo was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share at 1.3% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 06 June 2023. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (1.4%). Reported Earnings • Feb 09
Third quarter 2023 earnings released: EPS: JP¥9.80 (vs JP¥15.90 in 3Q 2022) Third quarter 2023 results: EPS: JP¥9.80 (down from JP¥15.90 in 3Q 2022). Revenue: JP¥4.34b (up 7.6% from 3Q 2022). Net income: JP¥413.0m (down 39% from 3Q 2022). Profit margin: 9.5% (down from 17% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% 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 43% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥1,129, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 19x in the Professional Services industry in Japan. Total returns to shareholders of 30% over the past three years. Announcement • Dec 26
SIGMAXYZ Holdings Inc. to Report Q3, 2023 Results on Feb 06, 2023 SIGMAXYZ Holdings Inc. announced that they will report Q3, 2023 results on Feb 06, 2023 Price Target Changed • Nov 16
Price target increased to JP¥1,700 Up from JP¥1,100, the current price target is provided by 1 analyst. New target price is 34% above last closing price of JP¥1,267. Stock is down 21% over the past year. The company is forecast to post earnings per share of JP¥53.45 for next year compared to JP¥79.24 last year. Reported Earnings • Nov 06
Second quarter 2023 earnings released: EPS: JP¥12.69 (vs JP¥10.32 in 2Q 2022) Second quarter 2023 results: EPS: JP¥12.69 (up from JP¥10.32 in 2Q 2022). Revenue: JP¥4.16b (up 7.7% from 2Q 2022). Net income: JP¥537.0m (up 22% from 2Q 2022). Profit margin: 13% (up from 11% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% 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 41% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Nov 05
SIGMAXYZ Holdings Inc. (TSE:6088) announces an Equity Buyback for 1,500,000 shares, representing 3.33% for ¥1,000 million. SIGMAXYZ Holdings Inc. (TSE:6088) announces an share repurchase program. Under the program the company will repurchase 1,500,000 shares, representing 3.33% of the outstanding shares for ¥1,000 million. The purpose of the program is to enable the implementation of a flexible capital policy. The program will run until January 31, 2023. As of September 30, 2022, the company had 45,028,286 shares outstanding (excluding treasury stock) and 1,280,314 shares in treasury. Announcement • Sep 23
SIGMAXYZ Holdings Inc. to Report Q2, 2023 Results on Nov 04, 2022 SIGMAXYZ Holdings Inc. announced that they will report Q2, 2023 results on Nov 04, 2022 Reported Earnings • Aug 05
First quarter 2023 earnings released: EPS: JP¥9.22 (vs JP¥3.77 in 1Q 2022) First quarter 2023 results: EPS: JP¥9.22 (up from JP¥3.77 in 1Q 2022). Revenue: JP¥3.87b (up 13% from 1Q 2022). Net income: JP¥392.0m (up 156% from 1Q 2022). Profit margin: 10% (up from 4.5% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.8%, compared to a 15% growth forecast for the 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 21% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Jul 14
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be JP¥1,467, however this is not to be taken as a buy 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 26%. For the next 3 years, revenue is forecast to grow by 8.2% per annum. Earnings is also forecast to grow by 12% per annum over the same time period. Announcement • Jun 29
SIGMAXYZ Holdings Inc. to Report Q1, 2023 Results on Aug 03, 2022 SIGMAXYZ Holdings Inc. announced that they will report Q1, 2023 results on Aug 03, 2022 Buying Opportunity • Jun 02
Now 25% undervalued after recent price drop Over the last 90 days, the stock is down 7.7%. The fair value is estimated to be JP¥1,403, however this is not to be taken as a buy 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 13%. For the next 3 years, revenue is forecast to grow by 8.2% per annum. Earnings is also forecast to grow by 12% per annum over the same time period. Announcement • May 25
SIGMAXYZ Holdings Inc. Announces Dividend for the Year Ended March 31, 2022, Payable on June 6, 2022; Provides Dividend Guidance for the Year Ending March 31, 2023 SIGMAXYZ Holdings Inc. announced year end dividend of JPY 26.00 per share for the year ended March 31, 2022 compared to JPY 22.00 per share paid a year ago. The dividend payable on June 6, 2022.The company expects to pay year end dividend of JPY 15.00 per share for the year ending March 31, 2023. 
