Announcement • Jun 03
Septeni Holdings Co., Ltd. to Report Q2, 2026 Results on Aug 06, 2026 Septeni Holdings Co., Ltd. announced that they will report Q2, 2026 results at 3:30 PM, Tokyo Standard Time on Aug 06, 2026 Valuation Update With 7 Day Price Move • May 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥484, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Media industry in Japan. Total returns to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥468 per share. Reported Earnings • May 15
First quarter 2026 earnings released: EPS: JP¥12.79 (vs JP¥7.35 in 1Q 2025) First quarter 2026 results: EPS: JP¥12.79 (up from JP¥7.35 in 1Q 2025). Revenue: JP¥9.16b (up 12% from 1Q 2025). Net income: JP¥2.65b (up 74% from 1Q 2025). Profit margin: 29% (up from 19% in 1Q 2025). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. New Risk • Apr 02
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 174% Cash payout ratio: 129% Minor Risk Large one-off items impacting financial results. Announcement • Apr 01
Septeni Holdings Co., Ltd. to Report Q1, 2026 Results on May 13, 2026 Septeni Holdings Co., Ltd. announced that they will report Q1, 2026 results on May 13, 2026 Reported Earnings • Feb 14
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: JP¥16.83 (up from JP¥15.99 in FY 2024). Revenue: JP¥30.3b (up 7.2% from FY 2024). Net income: JP¥3.49b (up 5.3% from FY 2024). Profit margin: 12% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.7%. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. New Risk • Feb 13
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 5.4% 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: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 174% Cash payout ratio: 127% Minor Risk Share price has been volatile over the past 3 months (5.4% average weekly change). Announcement • Feb 12
Septeni Holdings Co., Ltd., Annual General Meeting, Mar 25, 2026 Septeni Holdings Co., Ltd., Annual General Meeting, Mar 25, 2026. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 09 March 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Announcement • Dec 03
Septeni Holdings Co., Ltd. to Report Fiscal Year 2025 Results on Feb 12, 2026 Septeni Holdings Co., Ltd. announced that they will report fiscal year 2025 results on Feb 12, 2026 Reported Earnings • Nov 15
Third quarter 2025 earnings released: EPS: JP¥3.06 (vs JP¥6.05 in 3Q 2024) Third quarter 2025 results: EPS: JP¥3.06 (down from JP¥6.05 in 3Q 2024). Revenue: JP¥7.08b (down 4.3% from 3Q 2024). Net income: JP¥635.0m (down 49% from 3Q 2024). Profit margin: 9.0% (down from 17% in 3Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Declared Dividend • Oct 09
Dividend reduced to JP¥18.00 Dividend of JP¥18.00 is 43% lower than last year. Ex-date: 29th December 2025 Payment date: 9th March 2026 Dividend yield will be 4.4%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is not covered by earnings (193% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 114% to bring the payout ratio under control. EPS is expected to grow by 41% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Announcement • Oct 08
Septeni Holdings Co., Ltd. announces Annual dividend, payable on March 09, 2026 Septeni Holdings Co., Ltd. announced Annual dividend of JPY 18.0000 per share payable on March 09, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. Announcement • Sep 01
Septeni Holdings Co., Ltd. to Report Q3, 2025 Results on Nov 12, 2025 Septeni Holdings Co., Ltd. announced that they will report Q3, 2025 results on Nov 12, 2025 Reported Earnings • Aug 08
Second quarter 2025 earnings released Second quarter 2025 results: EPS: JP¥1.59. Net income: JP¥330.7m (up JP¥330.7m from 2Q 2024). 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 Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • May 31
Septeni Holdings Co., Ltd. to Report Q2, 2025 Results on Aug 07, 2025 Septeni Holdings Co., Ltd. announced that they will report Q2, 2025 results on Aug 07, 2025 Reported Earnings • May 13
First quarter 2025 earnings released First quarter 2025 results: EPS: JP¥7.35. Net income: JP¥1.52b (up JP¥1.52b from 1Q 2024). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Announcement • May 12
Septeni Holdings Co., Ltd. Provides Consolidated Financial Guidance for the Fiscal Year Ending December 31, 2025 Septeni Holdings Co., Ltd. provided consolidated financial guidance for the fiscal year ending December 31, 2025. For the year, the company expects revenue of ¥30,300 million, profit for the period attributable to owners of parent of ¥3,800 million and basic earnings per share of ¥18.32. Board Change • Mar 24
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Tadashi Kitahara was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Mar 18
Septeni Holdings Co., Ltd. Provides Year-End Dividend Guidance for the Fiscal Year Ending December 2025 Septeni Holdings Co., Ltd. provided year-end dividend guidance for the fiscal year ending December 2025. For the period, the company expects to pay dividend of JPY 18.00 per share compared to JPY 31.35 per share paid a year ago. Announcement • Mar 04
Septeni Holdings Co., Ltd. to Report Q1, 2025 Results on May 12, 2025 Septeni Holdings Co., Ltd. announced that they will report Q1, 2025 results on May 12, 2025 Announcement • Feb 12
Septeni Holdings Co., Ltd., Annual General Meeting, Mar 26, 2025 Septeni Holdings Co., Ltd., Annual General Meeting, Mar 26, 2025. Upcoming Dividend • Dec 20
Upcoming dividend of JP¥31.35 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 28 March 2025. Payout ratio is a comfortable 20% but the company is paying out more than the cash it is generating. Trailing yield: 7.0%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.3%). Announcement • Dec 03
Septeni Holdings Co., Ltd. to Report Q4, 2024 Results on Feb 12, 2025 Septeni Holdings Co., Ltd. announced that they will report Q4, 2024 results on Feb 12, 2025 Declared Dividend • Oct 11
Dividend of JP¥31.35 announced Shareholders will receive a dividend of JP¥31.35. Ex-date: 27th December 2024 Payment date: 28th March 2025 Dividend yield will be 6.9%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is covered by earnings (20% earnings payout ratio) but not covered by cash flows (125% cash payout ratio). The dividend has increased by an average of 36% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 54% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Price Target Changed • Oct 02
Price target increased by 7.3% to JP¥532 Up from JP¥496, the current price target is an average from 5 analysts. New target price is 14% above last closing price of JP¥465. Stock is up 15% over the past year. The company posted earnings per share of JP¥13.27 last year. Announcement • Aug 29
Septeni Holdings Co., Ltd. to Report Q3, 2024 Results on Nov 07, 2024 Septeni Holdings Co., Ltd. announced that they will report Q3, 2024 results on Nov 07, 2024 Announcement • Aug 06
Septeni Holdings Co., Ltd. Revises Year-End Dividend Guidance for the Fiscal Year Ending December 2024 Septeni Holdings Co., Ltd. revised year-end dividend guidance for the fiscal year ending December 2024. For the period, the company expects to pay dividend of JPY 31.35 compared to previous forecast of JPY 7.90 per share. As a result of the above change in dividend policy, the Company has revised the year-end dividend forecast for the fiscal year ending December 2024, which has been increased by JPY 23.45 from the previous forecast, to JPY 31.35 per share. Major Estimate Revision • Jul 11
Consensus EPS estimates fall by 14% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥30.4b to JP¥29.7b. EPS estimate also fell from JP¥29.00 per share to JP¥24.99 per share. Net income forecast to grow 28% next year vs 11% growth forecast for Media industry in Japan. Consensus price target down from JP¥533 to JP¥515. Share price fell 6.0% to JP¥347 over the past week. New Risk • Jun 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 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 06
Septeni Holdings Co., Ltd. to Report Q2, 2024 Results on Aug 06, 2024 Septeni Holdings Co., Ltd. announced that they will report Q2, 2024 results on Aug 06, 2024 Board Change • May 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Seiji Kitahara was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • May 10
Septeni Holdings Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2024 Septeni Holdings Co., Ltd. provided consolidated earnings guidance for the fiscal year ending December 31, 2024. For the period, the company expects revenue of JPY 31,000 million, profit for the period attributable to owners of parent of JPY 65,000 million and basic earnings per share of JPY 31.35. Announcement • Mar 23
Septeni Holdings Co., Ltd. to Report Q1, 2024 Results on May 09, 2024 Septeni Holdings Co., Ltd. announced that they will report Q1, 2024 results on May 09, 2024 Reported Earnings • Feb 10
Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2023 results: EPS: JP¥21.12 (down from JP¥24.18 in FY 2022). Revenue: JP¥27.3b (down 6.6% from FY 2022). Net income: JP¥4.39b (down 13% from FY 2022). Profit margin: 16% (down from 17% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 7.0%. Earnings per share (EPS) exceeded analyst estimates by 7.7%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year. Announcement • Feb 10
Septeni Holdings Co., Ltd. Announces Dividend for the Fiscal Year Ended December 31, 2023, Payable on March 28, 2024; Provides Dividend Guidance for the Fiscal Year Ending December 31, 2024 Septeni Holdings Co., Ltd. announced dividend for the fiscal year ended December 31, 2023 and provided dividend guidance for the fiscal year ending December 31, 2024. For the year fiscal year ended December 31, 2023 the company announced dividend of JPY 5.20 per share against JPY 4.60 per share paid a year ago. Anticipated Dividend Payment Date is March 28, 2024.For the fiscal year ending December 31, 2024, the company expects to pay dividend of JPY 7.90 per share against JPY 5.20 per share paid a year ago. Announcement • Feb 09
Septeni Holdings Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2024 Septeni Holdings Co., Ltd. provided consolidated earnings guidance for the Fiscal Year Ending December 31, 2024. For the year, the company expects revenue of JPY 31,000 million, Profit for the period attributable to owners of JPY 6,500 million and Basic earnings per share of JPY 31.38. Price Target Changed • Jan 12
Price target decreased by 7.4% to JP¥565 Down from JP¥610, the current price target is an average from 4 analysts. New target price is 18% above last closing price of JP¥477. Stock is up 45% over the past year. The company is forecast to post earnings per share of JP¥21.71 for next year compared to JP¥13.27 last year. Announcement • Dec 05
Septeni Holdings Co., Ltd. to Report Fiscal Year 2023 Results on Feb 08, 2024 Septeni Holdings Co., Ltd. announced that they will report fiscal year 2023 results on Feb 08, 2024 Announcement • Nov 22
Vectorcom Inc. agreed to acquire JNJ Interactive, Inc. from Septeni Holdings Co., Ltd. (TSE:4293). Vectorcom Inc. agreed to acquire JNJ Interactive, Inc. from Septeni Holdings Co., Ltd. (TSE:4293) on November 21, 2023. The agreement for the acquisition is scheduled to be signed on November 30, 2023. The deal is expected to close by December 28, 2023. Price Target Changed • Nov 17
Price target increased by 8.1% to JP¥613 Up from JP¥568, the current price target is an average from 3 analysts. New target price is 42% above last closing price of JP¥432. Stock is up 5.4% over the past year. The company is forecast to post earnings per share of JP¥22.33 for next year compared to JP¥13.27 last year. Reported Earnings • Nov 15
Full year 2023 earnings released: EPS: JP¥13.27 (vs JP¥30.53 in FY 2022) Full year 2023 results: EPS: JP¥13.27 (down from JP¥30.53 in FY 2022). Revenue: JP¥29.1b (up 1.0% from FY 2022). Net income: JP¥2.77b (down 52% from FY 2022). Profit margin: 9.5% (down from 20% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Media 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 only increased by 2% per year, which means it is significantly lagging earnings growth. New Risk • Nov 10
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.3% 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 Large one-off items impacting financial results. Shareholders have been diluted in the past year (4.3% increase in shares outstanding). Announcement • Nov 09
Septeni Holdings Co., Ltd. Provides Year-End Dividend Forecast for the Fiscal Year Ending December 31, 2023 Septeni Holdings Co., Ltd. provided Year-End Dividend Forecast for the Fiscal Year Ending December 31, 2023. For the year, the company expects dividend of JPY 4.60 per share against JPY 4.60 per share a year ago. Announcement • Oct 02
Septeni Holdings Co., Ltd. to Report Q4, 2023 Results on Nov 09, 2023 Septeni Holdings Co., Ltd. announced that they will report Q4, 2023 results on Nov 09, 2023 Price Target Changed • Sep 12
Price target decreased by 10% to JP¥543 Down from JP¥603, the current price target is an average from 4 analysts. New target price is 29% above last closing price of JP¥420. Stock is down 15% over the past year. The company posted earnings per share of JP¥30.53 last year. Reported Earnings • Aug 09
Third quarter 2023 earnings released: JP¥0.60 loss per share (vs JP¥4.99 profit in 3Q 2022) Third quarter 2023 results: JP¥0.60 loss per share (down from JP¥4.99 profit in 3Q 2022). Revenue: JP¥7.10b (flat on 3Q 2022). Net loss: JP¥124.6m (down 112% from profit in 3Q 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Price Target Changed • Jul 29
Price target decreased by 8.0% to JP¥555 Down from JP¥603, the current price target is an average from 4 analysts. New target price is 38% above last closing price of JP¥403. Stock is down 26% over the past year. The company posted earnings per share of JP¥30.53 last year. Announcement • May 31
Septeni Holdings Co., Ltd. to Report Q3, 2023 Results on Aug 08, 2023 Septeni Holdings Co., Ltd. announced that they will report Q3, 2023 results on Aug 08, 2023 Reported Earnings • May 14
Second quarter 2023 earnings released: EPS: JP¥7.49 (vs JP¥8.67 in 2Q 2022) Second quarter 2023 results: EPS: JP¥7.49 (down from JP¥8.67 in 2Q 2022). Revenue: JP¥7.57b (down 4.0% from 2Q 2022). Net income: JP¥1.57b (down 12% from 2Q 2022). Profit margin: 21% (down from 23% in 2Q 2022). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • May 12
Septeni Holdings Co., Ltd. Provides Consolidated Forecasts for the Fiscal Year Ending December 31, 2023 Septeni Holdings Co., Ltd. provided consolidated Forecasts for the Fiscal Year Ending December 31, 2023. For the period, the company expected revenue of JPY 42,500 million, Profit for the period attributable to owners of JPY 5,950 million and Basic earnings per share of JPY 28.47. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥373, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Media industry in Japan. Total returns to shareholders of 130% over the past three years. Reported Earnings • Feb 10
First quarter 2023 earnings released: EPS: JP¥2.78 (vs JP¥10.08 in 1Q 2022) First quarter 2023 results: EPS: JP¥2.78 (down from JP¥10.08 in 1Q 2022). Revenue: JP¥6.97b (up 6.1% from 1Q 2022). Net income: JP¥582.6m (down 54% from 1Q 2022). Profit margin: 8.4% (down from 19% in 1Q 2022). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Feb 10
Septeni Holdings Co., Ltd. (TSE:4293) announces an Equity Buyback for 2,200,000 shares, representing 1.05% for ¥1,000 million. Septeni Holdings Co., Ltd. (TSE:4293) announces a share repurchase program. Under the program, the company will repurchase up to 2,200,000 shares, representing 1.05% of its share capital, for ¥1,000 million. The purpose of the program is to enhance the interests of shareholders by improving capital efficiency and to implement a flexible capital policy in response to changes in the business environment. The program will expire on March 30, 2023. As of December 31, 2022, the company had 210,028,709 shares in issue (excluding treasury stock) and 1,050,945 shares in treasury. Announcement • Feb 09
Septeni Holdings Co., Ltd. Provides Earnings Guidance for the Fiscal Year Ending December 31, 2023 Septeni Holdings Co., Ltd. provided earnings guidance for the fiscal year ending December 31, 2023. For the year, the company expects revenue of JPY 42,500 million and Profit for the period attributable to owners of the parent of JPY 5,950 million and basic earnings per share is JPY 28.27. Announcement • Dec 28
Septeni Holdings Co., Ltd. to Report Q1, 2023 Results on Feb 09, 2023 Septeni Holdings Co., Ltd. announced that they will report Q1, 2023 results on Feb 09, 2023 Reported Earnings • Dec 27
Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2022 results: EPS: JP¥30.53 (up from JP¥20.59 in FY 2021). Revenue: JP¥28.8b (up 35% from FY 2021). Net income: JP¥5.73b (up 120% from FY 2021). Profit margin: 20% (up from 12% in FY 2021). Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates by 22%. Revenue is forecast to grow 10% p.a. on average during the next 5 years, compared to a 4.7% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Price Target Changed • Dec 06
Price target decreased to JP¥663 Down from JP¥741, the current price target is an average from 4 analysts. New target price is 85% above last closing price of JP¥358. Stock is down 27% over the past year. The company is forecast to post earnings per share of JP¥28.58 for next year compared to JP¥30.53 last year. Major Estimate Revision • Nov 17
Consensus revenue estimates increase by 11% The consensus outlook for revenues in 2023 has improved. 2023 revenue forecast increased from JP¥35.4b to JP¥39.3b. EPS estimate increased from JP¥28.62 to JP¥31.76 per share. Net income forecast to grow 16% next year vs 7.9% growth forecast for Media industry in Japan. Consensus price target of JP¥696 unchanged from last update. Share price was steady at JP¥414 over the past week. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Shuji Yamaguchi 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. Reported Earnings • Nov 12
Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2022 results: EPS: JP¥30.53 (up from JP¥20.59 in FY 2021). Revenue: JP¥28.8b (up 35% from FY 2021). Net income: JP¥5.73b (up 120% from FY 2021). Profit margin: 20% (up from 12% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates by 22%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Nov 10
Septeni Holdings Co., Ltd., Annual General Meeting, Dec 21, 2022 Septeni Holdings Co., Ltd., Annual General Meeting, Dec 21, 2022. Announcement • Oct 27
Septeni Holdings Co., Ltd. (TSE:4293) agreed to acquire a 10.04% % stake from Takamasa Ohara for approximately ¥350 million. Septeni Holdings Co., Ltd. (TSE:4293) agreed to acquire a 10.04% % stake from Takamasa Ohara for approximately ¥350 million on October 25, 2022. As part of the transaction, Septeni will acquire 988,898 shares at a price of ¥355 per share. The transaction is expected to complete on November 10, 2022. Septeni does not expect the transaction to have a material impact on our consolidated results of operations. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥3.90 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.5%). Announcement • Sep 21
Septeni Holdings Co., Ltd. to Report Fiscal Year 2022 Results on Nov 10, 2022 Septeni Holdings Co., Ltd. announced that they will report fiscal year 2022 results on Nov 10, 2022 Reported Earnings • Aug 11
Third quarter 2022 earnings released: EPS: JP¥4.86 (vs JP¥5.33 in 3Q 2021) Third quarter 2022 results: EPS: JP¥4.86. Revenue: JP¥7.11b (up 35% from 3Q 2021). Net income: JP¥1.02b (up 51% from 3Q 2021). Profit margin: 14% (up from 13% in 3Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 27%, compared to a 6.8% growth forecast for the industry in Japan. Announcement • Aug 10
Septeni Holdings Co., Ltd. Provides Dividend Guidance for the Full Year Ending September 30, 2022 Septeni Holdings Co., Ltd. provided dividend guidance for the full year ending September 30, 2022. The company plans to pay JPY 3.90 per share compared to 3.4 per share a year ago. Announcement • Aug 09
Septeni Holdings Co., Ltd. Revises Earnings Guidance for the Fiscal Year Ending September 2022 Septeni Holdings Co., Ltd. revised earnings guidance for the fiscal year ending September 2022. For the year ending September 2022, the company expected revised revenue of JPY 30,000 million and profit attributable to owners of the parent of JPY 4,850 million compared to previous guidance of JPY 3,900 million or Basic EPS of JPY 25.71 compared to previous guidance of JPY 20.68. Announcement • Jun 23
Septeni Holdings Co., Ltd. to Report Q3, 2022 Results on Aug 09, 2022 Septeni Holdings Co., Ltd. announced that they will report Q3, 2022 results on Aug 09, 2022 Reported Earnings • May 15
Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2022 results: EPS: JP¥8.80 (up from JP¥5.65 in 2Q 2021). Revenue: JP¥7.88b (up 47% from 2Q 2021). Net income: JP¥1.81b (up 153% from 2Q 2021). Profit margin: 23% (up from 13% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) missed analyst estimates by 8.5%. Over the next year, revenue is forecast to grow 27%, compared to a 3.0% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • May 13
Septeni Holdings Co., Ltd. Provides Earnings Guidance for the Fiscal Year Ending September 30, 2022 Septeni Holdings Co., Ltd. provided earnings guidance for the fiscal year ending September 30, 2022, For the year, the company expects revenue of JPY 30,000 million and Profit for the period attributable to owners of the parent of JPY 3,900 million. The expected basic earnings per share is JPY 20.68. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Shuji Yamaguchi 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. Announcement • Apr 08
Septeni Holdings Co., Ltd. to Report Q2, 2022 Results on May 12, 2022 Septeni Holdings Co., Ltd. announced that they will report Q2, 2022 results on May 12, 2022 Price Target Changed • Feb 28
Price target increased to JP¥650 Up from JP¥603, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of JP¥639. Stock is up 42% over the past year. The company is forecast to post earnings per share of JP¥22.15 for next year compared to JP¥20.59 last year. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment improved over the past week After last week's 24% share price gain to JP¥547, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 16x in the Media industry in Japan. Total returns to shareholders of 151% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥874 per share. Reported Earnings • Feb 12
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2022 results: EPS: JP¥10.08 (up from JP¥6.83 in 1Q 2021). Revenue: JP¥6.57b (up 25% from 1Q 2021). Net income: JP¥1.27b (up 48% from 1Q 2021). Profit margin: 19% (up from 16% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) missed analyst estimates by 8.5%. Over the next year, revenue is forecast to grow 31%, compared to a 2.6% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Announcement • Feb 11
Septeni Holdings Co., Ltd. Provides Earnings Guidance for the Fiscal Year Ending September 30, 2022 Septeni Holdings Co., Ltd. provides earnings guidance for the fiscal year ending September 30, 2022. For the year, The company expects Revenue to be JPY 30,000 million, Profit attributable to owners of parent to be JPY 3,900 million or JPY 20.68 per basic share. Major Estimate Revision • Feb 11
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from JP¥22.89 to JP¥20.26. Revenue forecast unchanged from JP¥27.2b at last update. Net income forecast to grow 63% next year vs 4.0% growth forecast for Media industry in Japan. Consensus price target of JP¥613 unchanged from last update. Share price was steady at JP¥440 over the past week. Buying Opportunity • Jan 13
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 8.5%. The fair value is estimated to be JP¥568, however is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% per annum over the last 3 years. Earnings per share has grown by 77% per annum over the last 3 years. Board Change • Jan 12
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Shuji Yamaguchi 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. Announcement • Jan 05
Septeni Holdings Co., Ltd. announced that it has received ¥32.60523921 billion in funding from Dentsu Group Inc. On January 4, 2022, Septeni Holdings Co., Ltd. closed the transaction. Reported Earnings • Dec 27
Full year 2021 earnings: EPS misses analyst expectations Full year 2021 results: EPS: JP¥20.59 (up from JP¥11.58 in FY 2020). Revenue: JP¥21.4b (up 19% from FY 2020). Net income: JP¥2.60b (up 78% from FY 2020). Profit margin: 12% (up from 8.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.5%. Earnings per share (EPS) missed analyst estimates by 8.5%. Over the next year, revenue is forecast to grow 15%, compared to a 1.0% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 29
Full year 2021 earnings released: EPS JP¥20.59 (vs JP¥11.58 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥21.4b (up 19% from FY 2020). Net income: JP¥2.60b (up 78% from FY 2020). Profit margin: 12% (up from 8.2% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥3.40 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 30 November 2021. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (3.0%). Lower than average of industry peers (1.7%). 
