Koei Tecmo Holdings Future Growth

Future criteria checks 2/6

Koei Tecmo Holdings is forecast to grow earnings and revenue by 4.7% and 7.9% per annum respectively. EPS is expected to grow by 3.8% per annum. Return on equity is forecast to be 15% in 3 years.

Key information

4.7%

Earnings growth rate

3.8%

EPS growth rate

Entertainment earnings growth	3.7%
Revenue growth rate	7.9%
Future return on equity	15.0%
Analyst coverage	Good
Last updated	02 May 2024

Recent future growth updates

Recent updates

Koei Tecmo Holdings (TSE:3635) Seems To Use Debt Rather Sparingly

Apr 10

Calculating The Intrinsic Value Of Koei Tecmo Holdings Co., Ltd. (TSE:3635)

Mar 20

Risks To Shareholder Returns Are Elevated At These Prices For Koei Tecmo Holdings Co., Ltd. (TSE:3635)

Mar 01

Earnings and Revenue Growth Forecasts

TSE:3635 - Analysts future estimates and past financials data (JPY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	110,600	36,950	N/A	40,200	2
3/31/2026	105,489	37,608	31,772	41,147	7
3/31/2025	97,142	30,000	27,902	37,553	8
3/31/2024	84,584	33,792	34,798	36,603	N/A
12/31/2023	90,114	41,741	N/A	N/A	N/A
9/30/2023	83,377	34,082	32,950	34,522	N/A
6/30/2023	78,061	34,737	N/A	N/A	N/A
3/31/2023	78,417	30,935	28,802	29,692	N/A
12/31/2022	66,871	20,543	N/A	N/A	N/A
9/30/2022	70,301	30,865	29,095	29,743	N/A
6/30/2022	70,892	28,728	N/A	N/A	N/A
3/31/2022	72,759	35,359	23,468	24,819	N/A
12/31/2021	71,748	35,641	N/A	N/A	N/A
9/30/2021	74,449	35,847	25,449	27,516	N/A
6/30/2021	69,527	36,303	N/A	N/A	N/A
3/31/2021	60,370	29,550	28,135	29,726	N/A
12/31/2020	59,918	27,790	N/A	N/A	N/A
9/30/2020	49,222	21,220	3,487	17,980	N/A
6/30/2020	46,780	19,724	N/A	N/A	N/A
3/31/2020	42,645	15,306	-4,490	9,748	N/A
12/31/2019	38,838	14,946	N/A	N/A	N/A
9/30/2019	38,125	13,335	8,101	8,573	N/A
6/30/2019	38,087	13,066	N/A	N/A	N/A
3/31/2019	38,968	13,694	9,354	9,597	N/A
12/31/2018	41,702	13,222	N/A	N/A	N/A
9/30/2018	41,417	14,273	7,478	11,217	N/A
6/30/2018	40,519	12,797	N/A	N/A	N/A
3/31/2018	38,926	13,017	6,646	10,389	N/A
12/31/2017	36,865	13,898	N/A	N/A	N/A
9/30/2017	35,374	12,872	N/A	8,475	N/A
6/30/2017	35,855	13,600	N/A	N/A	N/A
3/31/2017	37,034	11,624	N/A	9,890	N/A
12/31/2016	39,989	10,012	N/A	N/A	N/A
9/30/2016	39,749	10,580	N/A	12,022	N/A
6/30/2016	39,211	9,906	N/A	N/A	N/A
3/31/2016	38,332	10,855	N/A	10,935	N/A
12/31/2015	36,266	9,732	N/A	N/A	N/A
9/30/2015	36,848	9,290	N/A	10,131	N/A
6/30/2015	38,295	10,104	N/A	N/A	N/A
3/31/2015	37,799	9,434	N/A	10,357	N/A
12/31/2014	36,073	8,485	N/A	N/A	N/A
9/30/2014	38,227	8,759	N/A	8,680	N/A
6/30/2014	37,397	7,359	N/A	N/A	N/A
3/31/2014	37,576	6,936	N/A	7,265	N/A
12/31/2013	38,011	8,027	N/A	N/A	N/A
9/30/2013	36,374	7,484	N/A	9,002	N/A
6/30/2013	35,277	7,082	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3635's forecast earnings growth (4.7% per year) is above the savings rate (0.2%).

Earnings vs Market: 3635's earnings (4.7% per year) are forecast to grow slower than the JP market (9.4% per year).

High Growth Earnings: 3635's earnings are forecast to grow, but not significantly.

Revenue vs Market: 3635's revenue (7.9% per year) is forecast to grow faster than the JP market (4.4% per year).

High Growth Revenue: 3635's revenue (7.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 3635's Return on Equity is forecast to be low in 3 years time (15%).

Koei Tecmo Holdings Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target decreased by 8.4% to JP¥2,426

Consensus forecasts updated

Consensus forecasts updated

Price target increased to JP¥5,275

Price target decreased to JP¥5,262

Price target increased to JP¥6,600

Recent updates

Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Now 20% undervalued after recent price drop

New major risk - Revenue and earnings growth

Now 20% undervalued after recent price drop

Koei Tecmo Holdings (TSE:3635) Seems To Use Debt Rather Sparingly

Koei Tecmo Holdings Co., Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2024

Upcoming dividend of JP¥50.00 per share

Calculating The Intrinsic Value Of Koei Tecmo Holdings Co., Ltd. (TSE:3635)

Risks To Shareholder Returns Are Elevated At These Prices For Koei Tecmo Holdings Co., Ltd. (TSE:3635)

Now 24% overvalued

Third quarter 2024 earnings released: EPS: JP¥23.71 (vs JP¥0.54 loss in 3Q 2023)

Koei Tecmo Holdings Co., Ltd. to Report Q3, 2024 Results on Jan 29, 2024

Price target decreased by 8.4% to JP¥2,426

Second quarter 2024 earnings released: EPS: JP¥19.78 (vs JP¥21.90 in 2Q 2023)

Koei Tecmo Holdings Co., Ltd. to Report Q2, 2024 Results on Oct 30, 2023

First quarter 2024 earnings released: EPS: JP¥33.46 (vs JP¥21.43 in 1Q 2023)

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of JP¥48.00 per share at 1.9% yield

Livedoor Co., Ltd concluded of the basic agreement to acquire CWS Brains, LTD from Koei Tecmo Holdings Co., Ltd. (TSE:3635).

Third quarter 2023 earnings released: JP¥0.54 loss per share (vs JP¥30.51 profit in 3Q 2022)

Koei Tecmo Holdings Co., Ltd. to Report Q3, 2023 Results on Jan 30, 2023

Second quarter 2023 earnings released: EPS: JP¥530,615 (vs JP¥14.32 in 2Q 2022)

Less than half of directors are independent

Second quarter 2023 earnings released: EPS: JP¥506,164 (vs JP¥14.32 in 2Q 2022)

Consensus forecasts updated

Koei Tecmo Holdings Co., Ltd. to Report Q2, 2023 Results on Oct 31, 2022

Consensus forecasts updated

Price target increased to JP¥5,275

First quarter 2023 earnings released: EPS: JP¥42.86 (vs JP¥80.55 in 1Q 2022)

Koei Tecmo Holdings Co., Ltd. to Report Q1, 2023 Results on Jul 25, 2022

Full year 2022 earnings: EPS exceeds analyst expectations

Price target decreased to JP¥5,262

Full year 2022 earnings: EPS exceeds analyst expectations

Less than half of directors are independent

Koei Tecmo Holdings Co., Ltd. to Report Fiscal Year 2022 Results on Apr 25, 2022

Upcoming dividend of JP¥98.00 per share

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Second quarter 2022 earnings released: EPS JP¥28.64 (vs JP¥31.58 in 2Q 2021)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Price target increased to JP¥6,600

Price target decreased to JP¥5,170

First quarter 2022 earnings released: EPS JP¥80.55 (vs JP¥40.14 in 1Q 2021)

Full year 2021 earnings released

Upcoming dividend of JP¥100.00 per share

Third quarter 2021 earnings released: EPS JP¥81.37 (vs JP¥29.87 in 3Q 2020)

Revenue and earnings beat expectations

Revenue and earnings beat expectations

Koei Tecmo Holdings Co., Ltd. to Report Q3, 2021 Results on Jan 25, 2021

New 90-day high: JP¥5,650

Price target raised to JP¥5,400

Koei Tecmo Holdings Co., Ltd. to Report Q2, 2021 Results on Oct 26, 2020

Koei Tecmo Holdings Co., Ltd. to Report Q1, 2021 Results on Jul 27, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies