New Risk • 9h
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 382% Dividend yield: 1.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.6% average weekly change). Minor Risk Dividend is not well covered by cash flows (382% cash payout ratio). Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥2,794, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 12x in the Media industry in Japan. Total returns to shareholders of 419% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,198 per share. Announcement • Jun 20
SKY Perfect JSAT Corporation Announces Management Appointments SKY Perfect JSAT Corporation decided on the appointment of board directors at the 19th General Meeting of Shareholders held on June 19, 2026 and the Board of Directors meeting held afterwards, approved New Appointment of Gaku Shibata and Makiko Yoshida as Board Director (Non-Standing). New Risk • Jun 12
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.4% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company. Price Target Changed • Jun 10
Price target increased by 7.3% to JP¥4,408 Up from JP¥4,108, the current price target is an average from 6 analysts. New target price is 39% above last closing price of JP¥3,165. Stock is up 142% over the past year. The company is forecast to post earnings per share of JP¥97.11 for next year compared to JP¥82.25 last year. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥3,750, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 14x in the Media industry in Japan. Total returns to shareholders of 639% over the past three years. Valuation Update With 7 Day Price Move • May 13
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥4,205, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 14x in the Media industry in Japan. Total returns to shareholders of 720% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,424 per share. Price Target Changed • May 01
Price target increased by 8.1% to JP¥3,632 Up from JP¥3,358, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥3,515. Stock is up 209% over the past year. The company is forecast to post earnings per share of JP¥93.72 for next year compared to JP¥82.25 last year. Reported Earnings • Apr 29
Full year 2026 earnings: Revenues and EPS in line with analyst expectations Full year 2026 results: EPS: JP¥82.25 (up from JP¥67.43 in FY 2025). Revenue: JP¥127.6b (up 3.1% from FY 2025). Net income: JP¥23.3b (up 22% from FY 2025). Profit margin: 18% (up from 15% in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 6.0% 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 13% per year but the company’s share price has increased by 82% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 29
SKY Perfect JSAT Corporation, Annual General Meeting, Jun 19, 2026 SKY Perfect JSAT Corporation, Annual General Meeting, Jun 19, 2026. Announcement • Apr 16
SKY Perfect JSAT Corporation to Report Fiscal Year 2026 Results on Apr 28, 2026 SKY Perfect JSAT Corporation announced that they will report fiscal year 2026 results on Apr 28, 2026 Buy Or Sell Opportunity • Apr 03
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 54% to JP¥3,075. The fair value is estimated to be JP¥2,560, however this is not to be taken as a sell 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 5.8% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥23.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 05 June 2026. Payout ratio is a comfortable 44% but the company is paying out more than the cash it is generating. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.0%). Buy Or Sell Opportunity • Mar 09
Now 20% undervalued Over the last 90 days, the stock has risen 31% to JP¥2,750. The fair value is estimated to be JP¥3,457, 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 5.7% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Price Target Changed • Feb 06
Price target increased by 7.9% to JP¥2,692 Up from JP¥2,495, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of JP¥2,571. Stock is up 137% over the past year. The company is forecast to post earnings per share of JP¥81.43 for next year compared to JP¥67.43 last year. Reported Earnings • Feb 05
Third quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2026 results: EPS: JP¥20.68 (up from JP¥16.55 in 3Q 2025). Revenue: JP¥32.5b (up 5.2% from 3Q 2025). Net income: JP¥5.86b (up 25% from 3Q 2025). Profit margin: 18% (up from 15% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates by 2.8%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 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 13% per year but the company’s share price has increased by 76% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to JP¥2,582, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 17x in the Media industry in Japan. Total returns to shareholders of 485% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,762 per share. Price Target Changed • Dec 31
Price target increased by 13% to JP¥2,270 Up from JP¥2,016, the current price target is an average from 4 analysts. New target price is 14% above last closing price of JP¥1,994. Stock is up 119% over the past year. The company is forecast to post earnings per share of JP¥78.64 for next year compared to JP¥67.43 last year. Price Target Changed • Dec 10
Price target increased by 13% to JP¥1,930 Up from JP¥1,713, the current price target is an average from 5 analysts. New target price is 8.2% below last closing price of JP¥2,102. Stock is up 135% over the past year. The company is forecast to post earnings per share of JP¥76.76 for next year compared to JP¥67.43 last year. Declared Dividend • Dec 06
First half dividend of JP¥19.00 announced Shareholders will receive a dividend of JP¥19.00. Ex-date: 30th March 2026 Payment date: 5th June 2026 Dividend yield will be 1.9%, which is lower than the industry average of 2.3%. Sustainability & Growth Dividend is covered by both earnings (47% earnings payout ratio) and cash flows (89.7% cash payout ratio). The dividend has increased by an average of 12% 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 31% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Dec 02
SKY Perfect JSAT Holdings Inc. to Report Q3, 2026 Results on Feb 04, 2026 SKY Perfect JSAT Holdings Inc. announced that they will report Q3, 2026 results on Feb 04, 2026 Buy Or Sell Opportunity • Nov 10
Now 20% undervalued Over the last 90 days, the stock has risen 20% to JP¥1,706. The fair value is estimated to be JP¥2,134, 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 14%. For the next 3 years, revenue is forecast to grow by 4.6% per annum. Earnings are also forecast to grow by 7.6% per annum over the same time period. Reported Earnings • Nov 07
Second quarter 2026 earnings: EPS and revenues exceed analyst expectations Second quarter 2026 results: EPS: JP¥22.12 (up from JP¥16.54 in 2Q 2025). Revenue: JP¥31.0b (up 1.7% from 2Q 2025). Net income: JP¥6.27b (up 34% from 2Q 2025). Profit margin: 20% (up from 15% in 2Q 2025). The increase in margin was primarily driven by lower expenses. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥1,812, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 19x in the Media industry in Japan. Total returns to shareholders of 288% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,430 per share. New Risk • Nov 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Oct 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥1,524, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 19x in the Media industry in Japan. Total returns to shareholders of 228% over the past three years. Announcement • Oct 03
SKY Perfect JSAT Holdings Inc. to Report Q2, 2026 Results on Nov 05, 2025 SKY Perfect JSAT Holdings Inc. announced that they will report Q2, 2026 results on Nov 05, 2025 Price Target Changed • Oct 03
Price target increased by 7.5% to JP¥1,539 Up from JP¥1,431, the current price target is an average from 5 analysts. New target price is 9.6% above last closing price of JP¥1,404. Stock is up 52% over the past year. The company is forecast to post earnings per share of JP¥72.42 for next year compared to JP¥67.43 last year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥19.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 08 December 2025. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Aug 07
First quarter 2026 earnings released: EPS: JP¥19.41 (vs JP¥17.75 in 1Q 2025) First quarter 2026 results: EPS: JP¥19.41 (up from JP¥17.75 in 1Q 2025). Revenue: JP¥29.8b (down 2.2% from 1Q 2025). Net income: JP¥5.50b (up 9.4% from 1Q 2025). Profit margin: 18% (up from 17% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 09
Final dividend of JP¥19.00 announced Shareholders will receive a dividend of JP¥19.00. Ex-date: 29th September 2025 Payment date: 8th December 2025 Dividend yield will be 2.6%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is covered by both earnings (33% earnings payout ratio) and cash flows (58% cash payout ratio). The dividend has increased by an average of 12% 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 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Board Change • Jul 01
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Chief Risk Management Officer & Director Teruo Yamashita 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 • Jun 20
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥67.43 (up from JP¥61.69 in FY 2024). Revenue: JP¥123.7b (up 1.5% from FY 2024). Net income: JP¥19.1b (up 7.7% from FY 2024). Profit margin: 15% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.3%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 03
SKY Perfect JSAT Holdings Inc. to Report Q1, 2026 Results on Aug 06, 2025 SKY Perfect JSAT Holdings Inc. announced that they will report Q1, 2026 results on Aug 06, 2025 Price Target Changed • May 27
Price target increased by 13% to JP¥1,467 Up from JP¥1,300, the current price target is an average from 3 analysts. New target price is 18% above last closing price of JP¥1,239. Stock is up 41% over the past year. The company is forecast to post earnings per share of JP¥74.10 for next year compared to JP¥67.43 last year. Price Target Changed • May 21
Price target increased by 8.5% to JP¥1,367 Up from JP¥1,260, the current price target is an average from 3 analysts. New target price is 16% above last closing price of JP¥1,176. Stock is up 33% over the past year. The company is forecast to post earnings per share of JP¥74.13 for next year compared to JP¥67.43 last year. Reported Earnings • Apr 26
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥67.43 (up from JP¥61.69 in FY 2024). Revenue: JP¥123.7b (up 1.5% from FY 2024). Net income: JP¥19.1b (up 7.7% from FY 2024). Profit margin: 15% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.3%. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 25
SKY Perfect JSAT Holdings Inc., Annual General Meeting, Jun 20, 2025 SKY Perfect JSAT Holdings Inc., Annual General Meeting, Jun 20, 2025. New Risk • Apr 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 5.9% 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 • Apr 02
SKY Perfect JSAT Holdings Inc. to Report Fiscal Year 2025 Results on Apr 25, 2025 SKY Perfect JSAT Holdings Inc. announced that they will report fiscal year 2025 results on Apr 25, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥16.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.3%). Price Target Changed • Mar 11
Price target increased by 11% to JP¥1,260 Up from JP¥1,137, the current price target is an average from 3 analysts. New target price is 16% above last closing price of JP¥1,084. Stock is up 14% over the past year. The company is forecast to post earnings per share of JP¥66.53 for next year compared to JP¥61.69 last year. Buy Or Sell Opportunity • Feb 28
Now 21% undervalued Over the last 90 days, the stock has risen 20% to JP¥1,040. The fair value is estimated to be JP¥1,322, 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 3.3% per annum. Earnings are also forecast to grow by 4.6% per annum over the same time period. Reported Earnings • Feb 06
Third quarter 2025 earnings released: EPS: JP¥16.55 (vs JP¥16.84 in 3Q 2024) Third quarter 2025 results: EPS: JP¥16.55 (down from JP¥16.84 in 3Q 2024). Revenue: JP¥30.8b (up 1.0% from 3Q 2024). Net income: JP¥4.69b (down 2.7% from 3Q 2024). Profit margin: 15% (in line with 3Q 2024). Revenue is forecast to grow 3.3% 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 13% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 13
SKY Perfect JSAT Holdings Inc. to Report Q3, 2025 Results on Feb 05, 2025 SKY Perfect JSAT Holdings Inc. announced that they will report Q3, 2025 results on Feb 05, 2025 Declared Dividend • Dec 07
First half dividend of JP¥11.00 announced Dividend of JP¥11.00 is the same as last year. Ex-date: 28th March 2025 Payment date: 24th June 2025 Dividend yield will be 2.5%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 6.2% 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 16% 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¥16.54 (vs JP¥12.31 in 2Q 2024) Second quarter 2025 results: EPS: JP¥16.54 (up from JP¥12.31 in 2Q 2024). Revenue: JP¥30.5b (flat on 2Q 2024). Net income: JP¥4.69b (up 31% from 2Q 2024). Profit margin: 15% (up from 12% in 2Q 2024). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥11.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.3%). Announcement • Aug 31
SKY Perfect JSAT Holdings Inc. to Report Q2, 2025 Results on Nov 06, 2024 SKY Perfect JSAT Holdings Inc. announced that they will report Q2, 2025 results on Nov 06, 2024 Reported Earnings • Aug 12
First quarter 2025 earnings released: EPS: JP¥17.75 (vs JP¥17.15 in 1Q 2024) First quarter 2025 results: EPS: JP¥17.75 (up from JP¥17.15 in 1Q 2024). Revenue: JP¥30.5b (up 1.6% from 1Q 2024). Net income: JP¥5.03b (flat on 1Q 2024). Profit margin: 17% (in line with 1Q 2024). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Aug 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.0% 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 • Aug 05
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to JP¥684, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Media industry in Japan. Total returns to shareholders of 85% over the past three years. Declared Dividend • Jul 11
Final dividend of JP¥11.00 announced Shareholders will receive a dividend of JP¥11.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 2.5%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 6.2% 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 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 27
SKY Perfect JSAT Holdings Inc. to Report Q1, 2025 Results on Aug 07, 2024 SKY Perfect JSAT Holdings Inc. announced that they will report Q1, 2025 results on Aug 07, 2024 Reported Earnings • Jun 26
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: JP¥61.69 (up from JP¥54.44 in FY 2023). Revenue: JP¥121.9b (flat on FY 2023). Net income: JP¥17.7b (up 12% from FY 2023). Profit margin: 15% (up from 13% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.6%. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 01
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: JP¥61.69 (up from JP¥54.44 in FY 2023). Revenue: JP¥121.9b (flat on FY 2023). Net income: JP¥17.7b (up 12% from FY 2023). Profit margin: 15% (up from 13% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.6%. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 28
SKY Perfect JSAT Holdings Inc., Annual General Meeting, Jun 21, 2024 SKY Perfect JSAT Holdings Inc., Annual General Meeting, Jun 21, 2024. New Risk • Apr 14
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 5.8% 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 • Mar 28
SKY Perfect JSAT Holdings Inc. to Report Fiscal Year 2024 Results on Apr 26, 2024 SKY Perfect JSAT Holdings Inc. announced that they will report fiscal year 2024 results on Apr 26, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (2.2%). Price Target Changed • Feb 16
Price target increased by 12% to JP¥1,030 Up from JP¥920, the current price target is an average from 2 analysts. New target price is 14% above last closing price of JP¥901. Stock is up 82% over the past year. The company is forecast to post earnings per share of JP¥58.15 for next year compared to JP¥54.44 last year. Reported Earnings • Feb 09
Third quarter 2024 earnings released: EPS: JP¥16.84 (vs JP¥12.68 in 3Q 2023) Third quarter 2024 results: EPS: JP¥16.84 (up from JP¥12.68 in 3Q 2023). Revenue: JP¥30.5b (flat on 3Q 2023). Net income: JP¥4.82b (up 31% from 3Q 2023). Profit margin: 16% (up from 12% in 3Q 2023). Revenue is forecast to grow 1.1% 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 increased by 8% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 09
SKY Perfect JSAT Holdings Inc. to Report Q3, 2024 Results on Feb 07, 2024 SKY Perfect JSAT Holdings Inc. announced that they will report Q3, 2024 results on Feb 07, 2024 Reported Earnings • Nov 02
Second quarter 2024 earnings released: EPS: JP¥12.31 (vs JP¥12.64 in 2Q 2023) Second quarter 2024 results: EPS: JP¥12.31 (down from JP¥12.64 in 2Q 2023). Revenue: JP¥30.5b (up 4.5% from 2Q 2023). Net income: JP¥3.57b (down 2.6% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023). Revenue is forecast to grow 1.1% 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 6% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 28
SKY Perfect JSAT Holdings Inc. to Report Q2, 2024 Results on Nov 01, 2023 SKY Perfect JSAT Holdings Inc. announced that they will report Q2, 2024 results on Nov 01, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥10.00 per share at 2.8% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.5%). Announcement • Sep 07
SKY Perfect JSAT Holdings Inc. (TSE:9412) announces an Equity Buyback for 10,000,000 shares, representing 3.44% for ¥5,000 million. SKY Perfect JSAT Holdings Inc. (TSE:9412) announces a share repurchase program. Under the program, the company will repurchase up to 10,000,000 shares, representing 3.44% for ¥5,000 million. The purpose of the program is to improve capital efficiency. The program is valid till April 30, 2024. As of August 31, 2023, the company had 290,645,299 shares (excluding treasury stock) and 6,933,124 shares. Announcement • Aug 09
SKY Perfect JSAT Corporation Announces Successful Launch of Quantum Cryptography Optical Communication Device SKY Perfect JSAT Corporation announced the successful launch of the Quantum Cryptography Optical Communication Device, which was built in the Study and Development of Satellite-based Quantum Key Distribution (QKD) and Cryptography Technology in Satellite Communication for the Minister of Internal Affairs and Communications (MIC). The optical communication device was launched aboard Northrop Grumman’s Antares Rocket from NASA Wallops Flight Facility in Wallops Island, Virginia, U.S.A., at 9:30 a.m. on August 2, 2023 Japan Standard Time (JST) and arrived at the International Space Station (ISS) at 9:28 p.m. on August 4, 2023 JST. Moving forward, demonstration experiments between space and ground will begin after the optical communication device is placed outside of the ISS. The experiments will be conducted as an extension of the Optical Demonstration between Tokyo Skytree to Ground conducted in December 2022. Price Target Changed • Aug 04
Price target increased by 9.4% to JP¥875 Up from JP¥800, the current price target is an average from 2 analysts. New target price is 35% above last closing price of JP¥650. Stock is up 23% over the past year. The company is forecast to post earnings per share of JP¥55.50 for next year compared to JP¥54.44 last year. Reported Earnings • Aug 03
First quarter 2024 earnings released: EPS: JP¥17.15 (vs JP¥13.89 in 1Q 2023) First quarter 2024 results: EPS: JP¥17.15 (up from JP¥13.89 in 1Q 2023). Revenue: JP¥30.0b (up 4.2% from 1Q 2023). Net income: JP¥4.98b (up 24% from 1Q 2023). Profit margin: 17% (up from 14% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat 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 increased by 5% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 28
SKY Perfect JSAT Holdings Inc. to Report Q1, 2024 Results on Aug 02, 2023 SKY Perfect JSAT Holdings Inc. announced that they will report Q1, 2024 results on Aug 02, 2023 Board Change • Jun 27
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Hiroyuki Oho was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.