Reported Earnings • Aug 13
Full year 2026 earnings released: EPS: JP¥64.49 (vs JP¥25.03 in FY 2025) Full year 2026 results: EPS: JP¥64.49 (up from JP¥25.03 in FY 2025). Revenue: JP¥8.88b (up 2.1% from FY 2025). Net income: JP¥595.5m (up 160% from FY 2025). Profit margin: 6.7% (up from 2.6% in FY 2025). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Aug 10
SUNNEXTA GROUP Inc., Annual General Meeting, Sep 29, 2026 SUNNEXTA GROUP Inc., Annual General Meeting, Sep 29, 2026. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥21.00 per share Eligible shareholders must have bought the stock before 29 June 2026. Payment date: 29 September 2026. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.9%). Higher than average of industry peers (2.8%). Announcement • Jun 03
SUNNEXTA GROUP Inc. to Report Fiscal Year 2026 Results on Aug 10, 2026 SUNNEXTA GROUP Inc. announced that they will report fiscal year 2026 results on Aug 10, 2026 Reported Earnings • May 16
Third quarter 2026 earnings released: EPS: JP¥22.35 (vs JP¥6.63 in 3Q 2025) Third quarter 2026 results: EPS: JP¥22.35 (up from JP¥6.63 in 3Q 2025). Revenue: JP¥2.38b (up 16% from 3Q 2025). Net income: JP¥207.0m (up 241% from 3Q 2025). Profit margin: 8.7% (up from 3.0% in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Declared Dividend • Mar 06
First half dividend of JP¥21.00 announced Shareholders will receive a dividend of JP¥21.00. Ex-date: 29th June 2026 Payment date: 29th September 2026 Dividend yield will be 3.5%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (57% 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. The company's earnings per share (EPS) would need to decline by 37% to shift the payout ratio to a potentially unsustainable range, which is more than the 7.5% EPS decline seen over the last 5 years. Reported Earnings • Feb 16
Second quarter 2026 earnings released: EPS: JP¥17.60 (vs JP¥13.18 in 2Q 2025) Second quarter 2026 results: EPS: JP¥17.60 (up from JP¥13.18 in 2Q 2025). Revenue: JP¥2.15b (flat on 2Q 2025). Net income: JP¥162.0m (up 34% from 2Q 2025). Profit margin: 7.5% (up from 5.6% in 2Q 2025). 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 6% per year, which means it is well ahead of earnings. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥21.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 05 March 2026. Payout ratio is a comfortable 65% but the company is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.3%). Reported Earnings • Nov 18
First quarter 2026 earnings released: EPS: JP¥13.99 (vs JP¥6.69 in 1Q 2025) First quarter 2026 results: EPS: JP¥13.99 (up from JP¥6.69 in 1Q 2025). Revenue: JP¥1.97b (down 3.5% from 1Q 2025). Net income: JP¥128.0m (up 110% from 1Q 2025). Profit margin: 6.5% (up from 3.0% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Declared Dividend • Oct 05
Final dividend of JP¥21.00 announced Shareholders will receive a dividend of JP¥21.00. Ex-date: 29th December 2025 Payment date: 5th March 2026 Dividend yield will be 4.1%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is not covered by earnings (206% 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 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. The company's earnings per share (EPS) would need to grow by 129% to bring the payout ratio under control. However, EPS has declined by 15% over the last 5 years so the company would need to reverse this trend. Reported Earnings • Aug 16
Full year 2025 earnings released: EPS: JP¥25.03 (vs JP¥194 in FY 2024) Full year 2025 results: EPS: JP¥25.03 (down from JP¥194 in FY 2024). Revenue: JP¥8.70b (up 3.9% from FY 2024). Net income: JP¥229.0m (down 87% from FY 2024). Profit margin: 2.6% (down from 21% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Aug 12
SUNNEXTA GROUP Inc., Annual General Meeting, Sep 26, 2025 SUNNEXTA GROUP Inc., Annual General Meeting, Sep 26, 2025. Announcement • Jun 06
SUNNEXTA GROUP Inc. to Report Fiscal Year 2025 Results on Aug 12, 2025 SUNNEXTA GROUP Inc. announced that they will report fiscal year 2025 results on Aug 12, 2025 Reported Earnings • May 14
Third quarter 2025 earnings released: EPS: JP¥6.55 (vs JP¥180 in 3Q 2024) Third quarter 2025 results: EPS: JP¥6.55 (down from JP¥180 in 3Q 2024). Revenue: JP¥2.05b (flat on 3Q 2024). Net income: JP¥60.0m (down 96% from 3Q 2024). Profit margin: 2.9% (down from 80% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 5% per year. Declared Dividend • Mar 06
First half dividend of JP¥20.00 announced Shareholders will receive a dividend of JP¥20.00. Ex-date: 27th June 2025 Payment date: 30th September 2025 Dividend yield will be 4.0%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but 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 13% 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. Earnings per share has grown by 24% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Mar 01
SUNNEXTA GROUP Inc. to Report Q3, 2025 Results on May 12, 2025 SUNNEXTA GROUP Inc. announced that they will report Q3, 2025 results on May 12, 2025 New Risk • Feb 14
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 95% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (95% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥9.20b market cap, or US$60.2m). Announcement • Feb 12
SUNNEXTA GROUP Inc. Provides Consolidated Earnings Guidance for the Full Year Ending June 30, 2025 SUNNEXTA GROUP Inc. provided consolidated earnings guidance for the full year ending June 30, 2025. For the year, the company expects net sales of JPY 8,700 million, Operating profit JPY 600 million, profit attributable to owners of parent JPY 390 million and earnings per share JPY 42.65. Reported Earnings • Feb 12
Second quarter 2025 earnings released: EPS: JP¥13.18 (vs JP¥8.76 in 2Q 2024) Second quarter 2025 results: EPS: JP¥13.18 (up from JP¥8.76 in 2Q 2024). Revenue: JP¥2.16b (up 2.7% from 2Q 2024). Net income: JP¥120.9m (up 51% from 2Q 2024). Profit margin: 5.6% (up from 3.8% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has remained flat. Announcement • Jan 17
SUNNEXTA GROUP Inc. to Report Q2, 2025 Results on Feb 10, 2025 SUNNEXTA GROUP Inc. announced that they will report Q2, 2025 results on Feb 10, 2025 Upcoming Dividend • Dec 20
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 05 March 2025. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.8%). Reported Earnings • Nov 14
First quarter 2025 earnings released: EPS: JP¥6.68 (vs JP¥12.72 in 1Q 2024) First quarter 2025 results: EPS: JP¥6.68 (down from JP¥12.72 in 1Q 2024). Revenue: JP¥2.04b (up 4.9% from 1Q 2024). Net income: JP¥61.0m (down 47% from 1Q 2024). Profit margin: 3.0% (down from 6.0% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 1% per year. Declared Dividend • Oct 10
Final dividend of JP¥20.00 announced Shareholders will receive a dividend of JP¥20.00. Ex-date: 27th December 2024 Payment date: 5th March 2025 Dividend yield will be 3.9%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (17% earnings payout ratio) and cash flows (65% cash payout ratio). The dividend has increased by an average of 13% 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. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 03
Full year 2024 earnings released: EPS: JP¥194 (vs JP¥53.39 in FY 2023) Full year 2024 results: EPS: JP¥194 (up from JP¥53.39 in FY 2023). Revenue: JP¥8.37b (flat on FY 2023). Net income: JP¥1.78b (up 265% from FY 2023). Profit margin: 21% (up from 5.8% in FY 2023). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has remained flat. Announcement • Sep 03
SUNNEXTA GROUP Inc. to Report Q1, 2025 Results on Nov 11, 2024 SUNNEXTA GROUP Inc. announced that they will report Q1, 2025 results on Nov 11, 2024 New Risk • Aug 18
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 75% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (75% accrual ratio). Minor Risk Market cap is less than US$100m (JP¥8.98b market cap, or US$60.8m). Reported Earnings • Aug 15
Full year 2024 earnings released: EPS: JP¥194 (vs JP¥53.39 in FY 2023) Full year 2024 results: EPS: JP¥194 (up from JP¥53.39 in FY 2023). Revenue: JP¥8.37b (flat on FY 2023). Net income: JP¥1.78b (up 265% from FY 2023). Profit margin: 21% (up from 5.8% in FY 2023). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 1% per year. Announcement • Aug 12
SUNNEXTA GROUP Inc. (TSE:8945) announces an Equity Buyback for 125,000 shares, representing 1.37% for ¥100 million. SUNNEXTA GROUP Inc. (TSE:8945) announces a share repurchase program. Under the program, the company will repurchase up to 125,000 shares, representing 1.37% of its share capital, for ¥100 million. The company will repurchase its shares in order to implement a flexible capital policy in response to changes in the business environment, improve capital efficiency, and enhance shareholder returns. The program will expire on June 30, 2025. As of June 30, 2024, the company had 9,134,564 shares outstanding (excluding treasury shares) and 1,632,636 shares in treasury. Announcement • Aug 09
SUNNEXTA GROUP Inc., Annual General Meeting, Sep 27, 2024 SUNNEXTA GROUP Inc., Annual General Meeting, Sep 27, 2024. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥878, the stock trades at a trailing P/E ratio of 4x. Average trailing P/E is 11x in the Real Estate industry in Japan. Total loss to shareholders of 2.3% over the past three years. Buy Or Sell Opportunity • Jul 31
Now 23% overvalued Over the last 90 days, the stock has fallen 1.8% to JP¥1,008. The fair value is estimated to be JP¥818, 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 4.2%. Buy Or Sell Opportunity • Jul 12
Now 20% overvalued Over the last 90 days, the stock has fallen 2.0% to JP¥999. The fair value is estimated to be JP¥832, 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 4.2%. Buy Or Sell Opportunity • Jul 02
Now 20% overvalued The stock has been flat over the last 90 days, currently trading at JP¥1,008. The fair value is estimated to be JP¥839, 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 4.2%. Upcoming Dividend • Jun 20
Upcoming dividend of JP¥19.00 per share Eligible shareholders must have bought the stock before 27 June 2024. Payment date: 27 September 2024. Payout ratio is a comfortable 8.6% and the cash payout ratio is 76%. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.6%). Announcement • Jun 05
SUNNEXTA GROUP Inc. to Report Fiscal Year 2024 Results on Aug 09, 2024 SUNNEXTA GROUP Inc. announced that they will report fiscal year 2024 results on Aug 09, 2024 Reported Earnings • May 12
Third quarter 2024 earnings released: EPS: JP¥180 (vs JP¥8.34 in 3Q 2023) Third quarter 2024 results: EPS: JP¥180 (up from JP¥8.34 in 3Q 2023). Revenue: JP¥2.06b (up 3.3% from 3Q 2023). Net income: JP¥1.64b (up JP¥1.57b from 3Q 2023). Profit margin: 80% (up from 3.8% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 2% per year. Reported Earnings • Feb 08
Second quarter 2024 earnings released: EPS: JP¥8.76 (vs JP¥14.04 in 2Q 2023) Second quarter 2024 results: EPS: JP¥8.76 (down from JP¥14.04 in 2Q 2023). Revenue: JP¥2.10b (up 4.3% from 2Q 2023). Net income: JP¥80.0m (down 38% from 2Q 2023). Profit margin: 3.8% (down from 6.4% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 1% per year. Declared Dividend • Feb 07
Dividend of JP¥19.00 announced Dividend of JP¥19.00 is the same as last year. Ex-date: 27th June 2024 Payment date: 27th September 2024 Dividend yield will be 4.0%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (67% earnings payout ratio) but 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 15% 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. The company's earnings per share (EPS) would need to decline by 25% to shift the payout ratio to a potentially unsustainable range, which is more than the 1.7% EPS decline seen over the last 5 years. Announcement • Feb 06
SUNNEXTA GROUP Inc. Provides Dividend Guidance for the Fiscal Year Ending June 30, 2024 SUNNEXTA GROUP Inc. provided dividend guidance for the fiscal year ending June 30, 2024. For the year, the company expects to pay a dividend of ¥19 per share compared to ¥19 per share paid a year ago. Upcoming Dividend • Dec 21
Upcoming dividend of JP¥19.00 per share at 4.0% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 04 March 2024. Payout ratio is a comfortable 67% but the company is not cash flow positive. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (2.6%). Announcement • Nov 29
SUNNEXTA GROUP Inc. to Report Q3, 2024 Results on May 10, 2024 SUNNEXTA GROUP Inc. announced that they will report Q3, 2024 results on May 10, 2024 Reported Earnings • Nov 08
First quarter 2024 earnings released: EPS: JP¥12.72 (vs JP¥11.04 in 1Q 2023) First quarter 2024 results: EPS: JP¥12.72 (up from JP¥11.04 in 1Q 2023). Revenue: JP¥1.94b (down 1.5% from 1Q 2023). Net income: JP¥116.0m (up 16% from 1Q 2023). Profit margin: 6.0% (up from 5.1% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Sep 28
SUNNEXTA GROUP Inc. to Report Q1, 2024 Results on Nov 07, 2023 SUNNEXTA GROUP Inc. announced that they will report Q1, 2024 results on Nov 07, 2023 New Risk • Aug 17
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 44% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (44% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (5.8% net profit margin). Market cap is less than US$100m (JP¥8.48b market cap, or US$57.9m). Reported Earnings • Aug 14
Full year 2023 earnings released: EPS: JP¥53.39 (vs JP¥205 in FY 2022) Full year 2023 results: EPS: JP¥53.39 (down from JP¥205 in FY 2022). Revenue: JP¥8.35b (down 4.0% from FY 2022). Net income: JP¥486.0m (down 75% from FY 2022). Profit margin: 5.8% (down from 23% in FY 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Aug 12
SUNNEXTA GROUP Inc., Annual General Meeting, Sep 26, 2023 SUNNEXTA GROUP Inc., Annual General Meeting, Sep 26, 2023. Announcement • Jun 28
SUNNEXTA GROUP Inc. to Report Fiscal Year 2023 Results on Aug 10, 2023 SUNNEXTA GROUP Inc. announced that they will report fiscal year 2023 results on Aug 10, 2023 Upcoming Dividend • Jun 22
Upcoming dividend of JP¥18.00 per share at 3.5% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 57% but the company is not cash flow positive. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (2.8%). Reported Earnings • May 09
Third quarter 2023 earnings released: EPS: JP¥8.34 (vs JP¥23.91 in 3Q 2022) Third quarter 2023 results: EPS: JP¥8.34 (down from JP¥23.91 in 3Q 2022). Revenue: JP¥2.00b (down 7.0% from 3Q 2022). Net income: JP¥76.0m (down 66% from 3Q 2022). Profit margin: 3.8% (down from 11% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 12
Second quarter 2023 earnings released: EPS: JP¥14.04 (vs JP¥137 in 2Q 2022) Second quarter 2023 results: EPS: JP¥14.04 (down from JP¥137 in 2Q 2022). Revenue: JP¥2.01b (down 5.7% from 2Q 2022). Net income: JP¥128.0m (down 91% from 2Q 2022). Profit margin: 6.4% (down from 65% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 03 March 2023. Payout ratio is a comfortable 17% and the cash payout ratio is 80%. Trailing yield: 3.7%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.9%). Board Change • Nov 16
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 2 highly experienced directors. President, CEO & Representative Director Akira Takaki is the most experienced director on the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Nov 10
First quarter 2023 earnings released: EPS: JP¥11.04 (vs JP¥9.88 in 1Q 2022) First quarter 2023 results: EPS: JP¥11.04 (up from JP¥9.88 in 1Q 2022). Revenue: JP¥1.97b (down 5.4% from 1Q 2022). Net income: JP¥100.0m (up 1.0% from 1Q 2022). Profit margin: 5.1% (up from 4.7% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Sep 28
SUNNEXTA GROUP Inc. to Report Q1, 2023 Results on Nov 08, 2022 SUNNEXTA GROUP Inc. announced that they will report Q1, 2023 results on Nov 08, 2022 Announcement • Aug 12
SUNNEXTA GROUP Inc., Annual General Meeting, Sep 28, 2022 SUNNEXTA GROUP Inc., Annual General Meeting, Sep 28, 2022. Agenda: General meeting of shareholders. Reported Earnings • Aug 12
Full year 2022 earnings released: EPS: JP¥205 (vs JP¥53.81 in FY 2021) Full year 2022 results: EPS: JP¥205 (up from JP¥53.81 in FY 2021). Revenue: JP¥8.70b (up 2.1% from FY 2021). Net income: JP¥1.98b (up 269% from FY 2021). Profit margin: 23% (up from 6.3% in FY 2021). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 29 September 2022. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.7%). Announcement • Jun 09
SUNNEXTA GROUP Inc. to Report Fiscal Year 2022 Results on Aug 10, 2022 SUNNEXTA GROUP Inc. announced that they will report fiscal year 2022 results on Aug 10, 2022 Reported Earnings • May 11
Third quarter 2022 earnings released: EPS: JP¥23.91 (vs JP¥8.91 in 3Q 2021) Third quarter 2022 results: EPS: JP¥23.91 (up from JP¥8.91 in 3Q 2021). Revenue: JP¥2.15b (up 3.1% from 3Q 2021). Net income: JP¥226.0m (up 154% from 3Q 2021). Profit margin: 11% (up from 4.3% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. No independent directors (5 non-independent directors). Representative Director, President & CEO Akira Takaki was the last director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Feb 08
SUNNEXTA GROUP Inc. (TSE:8945) announces an Equity Buyback for 1,100,000 shares, representing 10.91% for ¥1,163.8 million. SUNNEXTA GROUP Inc. (TSE:8945) announces a share repurchase program. Under the program, the company will repurchase up to 1,100,000 shares, representing 10.91% of its share capital, for ¥1,163.8 million. The company will repurchase its shares in order to implement agile capital policies in response to changes in the business environment, improve capital efficiency, and enhance shareholder returns. The program will expire on June 30, 2022. As of December 31, 2021, the company had 10,080,941 shares outstanding (excluding treasury shares) and 1,146,959 shares in treasury. Reported Earnings • Feb 08
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: JP¥137 (up from JP¥15.24 in 2Q 2021). Revenue: JP¥2.13b (flat on 2Q 2021). Net income: JP¥1.39b (up JP¥1.23b from 2Q 2021). Profit margin: 65% (up from 7.2% in 2Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥17.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 03 March 2022. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.5%). Reported Earnings • Nov 07
First quarter 2022 earnings released: EPS JP¥9.88 (vs JP¥5.61 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥2.09b (up 4.3% from 1Q 2021). Net income: JP¥99.0m (up 80% from 1Q 2021). Profit margin: 4.7% (up from 2.8% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥17.00 per share Eligible shareholders must have bought the stock before 29 June 2021. Payment date: 28 September 2021. Trailing yield: 3.3%. Within top quartile of Japanese dividend payers (3.1%). Higher than average of industry peers (2.3%). Reported Earnings • May 09
Third quarter 2021 earnings released: EPS JP¥8.91 (vs JP¥12.05 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥2.09b (down 4.4% from 3Q 2020). Net income: JP¥89.0m (down 24% from 3Q 2020). Profit margin: 4.3% (down from 5.4% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Reported Earnings • Feb 07
Second quarter 2021 earnings released: EPS JP¥15.24 (vs JP¥10.85 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥2.12b (up 1.5% from 2Q 2020). Net income: JP¥152.0m (up 45% from 2Q 2020). Profit margin: 7.2% (up from 5.0% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 5% per year. Is New 90 Day High Low • Jan 05
New 90-day low: JP¥950 The company is down 8.0% from its price of JP¥1,033 on 07 October 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 4.0% over the same period. Announcement • Oct 10
SUNNEXTA GROUP Inc. to Report Q1, 2021 Results on Nov 05, 2020 SUNNEXTA GROUP Inc. announced that they will report Q1, 2021 results on Nov 05, 2020