Announcement • Jun 23
Interworks Confidence Inc. to Report Q1, 2027 Results on Aug 12, 2026 Interworks Confidence Inc. announced that they will report Q1, 2027 results on Aug 12, 2026 Reported Earnings • May 16
Full year 2026 earnings: EPS and revenues miss analyst expectations Full year 2026 results: EPS: JP¥128 (down from JP¥168 in FY 2025). Revenue: JP¥9.97b (up 19% from FY 2025). Net income: JP¥800.0m (down 23% from FY 2025). Profit margin: 8.0% (down from 12% in FY 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.8%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 16% p.a. on average during the next 2 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 5% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • May 13
Interworks Confidence Inc., Annual General Meeting, Jun 29, 2026 Interworks Confidence Inc., Annual General Meeting, Jun 29, 2026. Announcement • May 09
Interworks Confidence Inc. to Report Fiscal Year 2026 Results on May 13, 2026 Interworks Confidence Inc. announced that they will report fiscal year 2026 results on May 13, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 09 June 2026. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 5.2%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%). Reported Earnings • Feb 15
Third quarter 2026 earnings released: EPS: JP¥29.92 (vs JP¥67.92 in 3Q 2025) Third quarter 2026 results: EPS: JP¥29.92 (down from JP¥67.92 in 3Q 2025). Revenue: JP¥2.54b (up 24% from 3Q 2025). Net income: JP¥187.0m (down 55% from 3Q 2025). Profit margin: 7.4% (down from 20% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% 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 7% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Declared Dividend • Dec 09
First half dividend of JP¥40.00 announced Shareholders will receive a dividend of JP¥40.00. Ex-date: 30th March 2026 Payment date: 9th June 2026 Dividend yield will be 4.6%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 26% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 43% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Dec 03
Interworks Confidence Inc. to Report Q3, 2026 Results on Feb 13, 2026 Interworks Confidence Inc. announced that they will report Q3, 2026 results on Feb 13, 2026 Reported Earnings • Nov 08
Second quarter 2026 earnings released: EPS: JP¥37.52 (vs JP¥35.29 in 2Q 2025) Second quarter 2026 results: EPS: JP¥37.52 (up from JP¥35.29 in 2Q 2025). Revenue: JP¥2.57b (up 19% from 2Q 2025). Net income: JP¥234.0m (up 8.3% from 2Q 2025). Profit margin: 9.1% (in line with 2Q 2025). Revenue is forecast to grow 18% 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 8% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Oct 04
Interworks Confidence Inc. to Report Q2, 2026 Results on Nov 07, 2025 Interworks Confidence Inc. announced that they will report Q2, 2026 results on Nov 07, 2025 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 05 December 2025. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%). Reported Earnings • Aug 09
First quarter 2026 earnings released: EPS: JP¥29.33 (vs JP¥34.97 in 1Q 2025) First quarter 2026 results: EPS: JP¥29.33 (down from JP¥34.97 in 1Q 2025). Revenue: JP¥2.14b (down 1.2% from 1Q 2025). Net income: JP¥181.0m (down 19% from 1Q 2025). Profit margin: 8.4% (down from 10% in 1Q 2025). Revenue is forecast to grow 18% 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 7% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Declared Dividend • Jul 09
Final dividend of JP¥35.00 announced Shareholders will receive a dividend of JP¥35.00. Ex-date: 29th September 2025 Payment date: 5th December 2025 Dividend yield will be 4.5%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 23% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 25
Full year 2025 earnings released: EPS: JP¥168 (vs JP¥122 in FY 2024) Full year 2025 results: EPS: JP¥168 (up from JP¥122 in FY 2024). Revenue: JP¥8.39b (up 12% from FY 2024). Net income: JP¥1.04b (up 43% from FY 2024). Profit margin: 12% (up from 9.7% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Jun 14
Interworks Confidence Inc. to Report Q1, 2026 Results on Aug 08, 2025 Interworks Confidence Inc. announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • May 14
Full year 2025 earnings released: EPS: JP¥168 (vs JP¥122 in FY 2024) Full year 2025 results: EPS: JP¥168 (up from JP¥122 in FY 2024). Revenue: JP¥8.39b (up 12% from FY 2024). Net income: JP¥1.04b (up 43% from FY 2024). Profit margin: 12% (up from 9.7% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • May 12
Interworks Confidence Inc., Annual General Meeting, Jun 23, 2025 Interworks Confidence Inc., Annual General Meeting, Jun 23, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 13 June 2025. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.1%). Announcement • Mar 08
Interworks Confidence Inc. to Report Fiscal Year 2025 Results on May 12, 2025 Interworks Confidence Inc. announced that they will report fiscal year 2025 results on May 12, 2025 Announcement • Feb 25
Interworks Confidence Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2025 Interworks Confidence Inc. provided consolidated earnings guidance for the fiscal year ending March 31, 2025. For the period, the company expects revenue of JPY 9,000 million, operating profit of JPY 1,400 million and profit attributable to owners of parent of JPY 1,082 million or JPY 172.00 per basic share. Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: JP¥67.92 (vs JP¥31.77 in 3Q 2024) Third quarter 2025 results: EPS: JP¥67.92 (up from JP¥31.77 in 3Q 2024). Revenue: JP¥2.05b (down 3.9% from 3Q 2024). Net income: JP¥416.0m (up 98% from 3Q 2024). Profit margin: 20% (up from 9.9% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.6% 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 5% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. New Risk • Dec 16
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥9.59b market cap, or US$62.4m). Announcement • Dec 12
Interworks Confidence Inc. to Report Q3, 2025 Results on Feb 10, 2025 Interworks Confidence Inc. announced that they will report Q3, 2025 results on Feb 10, 2025 Declared Dividend • Dec 06
First half dividend increased to JP¥35.00 Dividend of JP¥35.00 is 17% higher than last year. Ex-date: 28th March 2025 Payment date: 13th June 2025 Dividend yield will be 4.1%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 22% per year over the past 2 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. Board Change • Dec 04
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Hirofumi Miki was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 20
chestnuts Co., Ltd. agreed to acquire Dolphin Inc. from Interworks Confidence Inc. (TSE:7374). chestnuts Co., Ltd. agreed to acquire Dolphin Inc. from Interworks Confidence Inc. (TSE:7374) on November 19, 2024.
For the period ending March 31, 2024, Dolphin Inc. reported total revenue of ¥20.42 million, EBIT of ¥4.25 million and net income of ¥2.87 million. As of March 31, 2024, Dolphin Inc. reported total assets of ¥167.62 million and total common equity of ¥165.48 million.
The expected completion of the transaction is December 2, 2024. Reported Earnings • Nov 10
Second quarter 2025 earnings released: EPS: JP¥35.29 (vs JP¥28.59 in 2Q 2024) Second quarter 2025 results: EPS: JP¥35.29 (up from JP¥28.59 in 2Q 2024). Revenue: JP¥2.17b (up 18% from 2Q 2024). Net income: JP¥216.0m (up 27% from 2Q 2024). Profit margin: 10.0% (in line with 2Q 2024). Revenue is forecast to grow 7.7% 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 1% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.0%). Announcement • Sep 12
Interworks Confidence Inc. to Report Q2, 2025 Results on Nov 08, 2024 Interworks Confidence Inc. announced that they will report Q2, 2025 results on Nov 08, 2024 Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: JP¥34.97 (vs JP¥36.11 in 1Q 2024) First quarter 2025 results: EPS: JP¥34.97. Revenue: JP¥2.17b (up 54% from 1Q 2024). Net income: JP¥223.0m (up 34% from 1Q 2024). Profit margin: 10% (down from 12% in 1Q 2024). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥1,520, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 14x in the Professional Services industry in Japan. Total loss to shareholders of 36% over the past three years. Declared Dividend • Jul 11
Final dividend of JP¥30.00 announced Shareholders will receive a dividend of JP¥30.00. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 3.3%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 27% per year over the past 2 years and payments have been stable during that time. Earnings per share has grown by 53% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jun 17
Interworks Confidence Inc. to Report Q1, 2025 Results on Aug 09, 2024 Interworks Confidence Inc. announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • May 13
Full year 2024 earnings released: EPS: JP¥122 (vs JP¥135 in FY 2023) Full year 2024 results: EPS: JP¥122. Revenue: JP¥7.49b (up 44% from FY 2023). Net income: JP¥725.0m (up 18% from FY 2023). Profit margin: 9.7% (down from 12% in FY 2023). The decrease in margin was driven by higher expenses. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 14 June 2024. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 3.3%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.1%). Announcement • Mar 17
Interworks Confidence Inc. to Report Fiscal Year 2024 Results on May 10, 2024 Interworks Confidence Inc. announced that they will report fiscal year 2024 results on May 10, 2024 Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: JP¥31.77 (vs JP¥35.76 in 3Q 2023) Third quarter 2024 results: EPS: JP¥31.77. Revenue: JP¥2.13b (up 62% from 3Q 2023). Net income: JP¥210.0m (up 28% from 3Q 2023). Profit margin: 9.9% (down from 13% in 3Q 2023). The decrease in margin was driven by higher expenses. Announcement • Dec 16
Interworks Confidence Inc. to Report Q3, 2024 Results on Feb 09, 2024 Interworks Confidence Inc. announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: JP¥28.59 (vs JP¥39.94 in 2Q 2023) Second quarter 2024 results: EPS: JP¥28.59 (down from JP¥39.94 in 2Q 2023). Revenue: JP¥1.84b (up 42% from 2Q 2023). Net income: JP¥170.0m (down 7.1% from 2Q 2023). Profit margin: 9.2% (down from 14% in 2Q 2023). The decrease in margin was driven by higher expenses. Announcement • Sep 29
Interworks Confidence Inc. to Report Q2, 2024 Results on Nov 10, 2023 Interworks Confidence Inc. announced that they will report Q2, 2024 results on Nov 10, 2023 Announcement • Sep 21
Interworks Confidence Inc. (TSE:7374) announces an Equity Buyback for 2,628 shares, representing 0.04% for ¥4.24 million. Interworks Confidence Inc. (TSE:7374) announces a share repurchase program. Under the program, the company will repurchase up to 2,628 shares, representing 0.04% of its issued share capital (excluding treasury stock), for ¥4.24 million. The shares will be repurchased at a price of ¥1,614 per share. The purpose of the program is to dispose of fractions less than one share due to the merger. The program will run until September 19, 2023. As of September 19, 2023, the company had 6,606,977 shares in issue and 4,110 shares in treasury. Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: JP¥36.11 (vs JP¥34.06 in 1Q 2023) First quarter 2024 results: EPS: JP¥36.11 (up from JP¥34.06 in 1Q 2023). Revenue: JP¥1.41b (up 13% from 1Q 2023). Net income: JP¥167.0m (up 7.1% from 1Q 2023). Profit margin: 12% (in line with 1Q 2023). New Risk • Aug 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 44% This is considered a minor 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: Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Shareholders have been diluted in the past year (44% increase in shares outstanding). Market cap is less than US$100m (JP¥11.2b market cap, or US$78.0m). Announcement • Jun 26
Confidence Inc. to Report Q1, 2023 Results on Aug 10, 2023 Confidence Inc. announced that they will report Q1, 2023 results on Aug 10, 2023 Announcement • Jun 01
Confidence Inc. Announces Dividend for the Fiscal Year Ended March 31, 2023, Payable on June 14, 2023 Confidence Inc. announced dividend for the fiscal year ended March 31, 2023. For the period, the company announced dividend of JPY 28.00 per share against JPY 40.00 paid a year ago. Scheduled date for commencing dividend payments is June 14, 2023. Reported Earnings • May 16
Full year 2023 earnings released: EPS: JP¥135 (vs JP¥118 in FY 2022) Full year 2023 results: EPS: JP¥135 (up from JP¥118 in FY 2022). Revenue: JP¥5.20b (up 17% from FY 2022). Net income: JP¥617.0m (up 16% from FY 2022). Profit margin: 12% (in line with FY 2022). Upcoming Dividend • Mar 23
Upcoming dividend of JP¥28.00 per share at 3.1% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 16 June 2023. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.4%). Announcement • Feb 20
Confidence Inc. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023 Confidence Inc. provided consolidated earnings guidance for the year ending March 31, 2023. For the year, the company expects net sales of JPY 5,200 million, operating profit of JPY 910 million, profit attributable to owners of parent JPY 600 million and basic earnings per share of JPY 130.93. Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥35.76 (vs JP¥38.59 in 3Q 2022) Third quarter 2023 results: EPS: JP¥35.76 (down from JP¥38.59 in 3Q 2022). Revenue: JP¥1.32b (up 14% from 3Q 2022). Net income: JP¥164.0m (down 6.8% from 3Q 2022). Profit margin: 13% (down from 15% in 3Q 2022). The decrease in margin was driven by higher expenses. Announcement • Dec 16
Confidence Inc. to Report Q3, 2023 Results on Feb 09, 2023 Confidence Inc. announced that they will report Q3, 2023 results on Feb 09, 2023 Announcement • Nov 18
Confidence Inc. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023 For the fiscal year ending March 31, 2023, Confidence Inc. provided dividend guidance of JPY 25.00 per share against a dividend of JPY 40.00 per share paid a year ago. Announcement • Sep 17
Confidence Inc. to Report Q2, 2023 Results on Nov 10, 2022 Confidence Inc. announced that they will report Q2, 2023 results on Nov 10, 2022 Announcement • Jun 23
Confidence Inc. to Report Q1, 2023 Results on Aug 10, 2022 Confidence Inc. announced that they will report Q1, 2023 results on Aug 10, 2022 Announcement • May 14
Confidence Inc., Annual General Meeting, Jun 30, 2022 Confidence Inc., Annual General Meeting, Jun 30, 2022. Announcement • Apr 08
Confidence Inc. to Report Fiscal Year 2022 Results on May 12, 2022 Confidence Inc. announced that they will report fiscal year 2022 results on May 12, 2022 Announcement • Jun 30
Confidence Inc. has completed an IPO in the amount of ¥950.4 million. Confidence Inc. has completed an IPO in the amount of ¥950.4 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 540,000
Price\Range: ¥1760
Discount Per Security: ¥140.8