Reported Earnings • Jul 11
Full year 2026 earnings released: EPS: JP¥78.02 (vs JP¥68.20 in FY 2025) Full year 2026 results: EPS: JP¥78.02 (up from JP¥68.20 in FY 2025). Revenue: JP¥1.73b (up 5.4% from FY 2025). Net income: JP¥471.6m (up 13% from FY 2025). Profit margin: 27% (up from 25% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 9% per year. New Risk • Jul 10
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 6.4% 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: Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (JP¥7.34b market cap, or US$45.4m). Announcement • Jul 09
Dawn Corp., Annual General Meeting, Aug 26, 2026 Dawn Corp., Annual General Meeting, Aug 26, 2026. Upcoming Dividend • May 21
Upcoming dividend of JP¥28.00 per share Eligible shareholders must have bought the stock before 28 May 2026. Payment date: 31 August 2026. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.2%). Reported Earnings • Apr 10
Third quarter 2026 earnings released: EPS: JP¥50.11 (vs JP¥45.93 in 3Q 2025) Third quarter 2026 results: EPS: JP¥50.11 (up from JP¥45.93 in 3Q 2025). Revenue: JP¥444.0m (down 12% from 3Q 2025). Net income: JP¥152.0m (up 8.3% from 3Q 2025). Profit margin: 34% (up from 28% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 8% per year. Buy Or Sell Opportunity • Feb 27
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 7.7% to JP¥2,601. The fair value is estimated to be JP¥2,141, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 15%. Buy Or Sell Opportunity • Feb 09
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 7.3% to JP¥2,580. The fair value is estimated to be JP¥2,148, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 15%. Declared Dividend • Jan 10
Dividend of JP¥26.00 announced Shareholders will receive a dividend of JP¥26.00. Ex-date: 28th May 2026 Payment date: 31st August 2026 Dividend yield will be 1.0%, which is lower than the industry average of 1.4%. Sustainability & Growth Reported Earnings • Jan 09
Second quarter 2026 earnings released: EPS: JP¥29.46 (vs JP¥16.90 in 2Q 2025) Second quarter 2026 results: EPS: JP¥29.46 (up from JP¥16.90 in 2Q 2025). Revenue: JP¥343.0m (up 23% from 2Q 2025). Net income: JP¥89.6m (up 72% from 2Q 2025). Profit margin: 26% (up from 19% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 14% per year. Announcement • Jan 08
Dawn Corp. (TSE:2303) announces an Equity Buyback for 100,000 shares, representing 3.28% for ¥200 million. Dawn Corp. (TSE:2303) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 3.28% of its share capital, for ¥200 million. The purpose of the program is to returning profits to shareholders, improving capital efficiency, and implementing flexible capital policies according to the business environment. The repurchased shares will be used for restricted stock compensation. The program will expire on March 31, 2026. As of December 31, 2025, the company had 3,046,394 shares in issue (excluding treasury stock) and 253,606 shares in treasury. Buy Or Sell Opportunity • Jan 05
Now 22% overvalued The stock has been flat over the last 90 days, currently trading at JP¥2,523. The fair value is estimated to be JP¥2,075, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 15%. Buy Or Sell Opportunity • Oct 15
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 7.5% to JP¥2,445. The fair value is estimated to be JP¥2,017, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 15%. Reported Earnings • Oct 10
First quarter 2026 earnings released: EPS: JP¥19.44 (vs JP¥22.46 in 1Q 2025) First quarter 2026 results: EPS: JP¥19.44 (down from JP¥22.46 in 1Q 2025). Revenue: JP¥303.0m (down 4.7% from 1Q 2025). Net income: JP¥59.0m (down 14% from 1Q 2025). Profit margin: 20% (down from 22% in 1Q 2025). The decrease in margin was driven by lower revenue. 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 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 14
Full year 2025 earnings released: EPS: JP¥136 (vs JP¥125 in FY 2024) Full year 2025 results: EPS: JP¥136 (up from JP¥125 in FY 2024). Revenue: JP¥1.65b (up 9.7% from FY 2024). Net income: JP¥418.0m (up 7.7% from FY 2024). Profit margin: 25% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. New Risk • Jul 09
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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.8% average weekly change). Market cap is less than US$100m (JP¥7.01b market cap, or US$47.7m). Upcoming Dividend • May 22
Upcoming dividend of JP¥24.00 per share Eligible shareholders must have bought the stock before 29 May 2025. Payment date: 29 August 2025. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (4.0%). Lower than average of industry peers (1.5%). Buy Or Sell Opportunity • Apr 15
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.9% to JP¥2,087. The fair value is estimated to be JP¥2,650, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years. Earnings per share has grown by 16%. Announcement • Apr 12
Dawn Corp. Provides Dividend Guidance for the Fiscal Year Ending May 31, 2025 Dawn Corp. announced dividend guidance for the fiscal year ending May 31, 2025. For the period, the company expects to pay dividend of JPY 24 per share against JPY 20 per share paid a year ago. Reported Earnings • Apr 11
Third quarter 2025 earnings released: EPS: JP¥38.08 (vs JP¥37.94 in 3Q 2024) Third quarter 2025 results: EPS: JP¥38.08. Revenue: JP¥418.0m (up 1.2% from 3Q 2024). Net income: JP¥117.0m (flat on 3Q 2024). Profit margin: 28% (in line with 3Q 2024). Buy Or Sell Opportunity • Jan 16
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.5% to JP¥2,083. The fair value is estimated to be JP¥2,615, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Earnings per share has grown by 16%. Reported Earnings • Jan 12
First half 2025 earnings released: EPS: JP¥44.93 (vs JP¥40.15 in 1H 2024) First half 2025 results: EPS: JP¥44.93 (up from JP¥40.15 in 1H 2024). Revenue: JP¥635.6m (up 15% from 1H 2024). Net income: JP¥138.1m (up 11% from 1H 2024). Profit margin: 22% (down from 23% in 1H 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jan 11
Dividend of JP¥22.00 announced Shareholders will receive a dividend of JP¥22.00. Ex-date: 29th May 2025 Payment date: 29th August 2025 Dividend yield will be 1.0%, which is lower than the industry average of 1.4%. Sustainability & Growth Buy Or Sell Opportunity • Dec 19
Now 23% undervalued Over the last 90 days, the stock has risen 18% to JP¥2,410. The fair value is estimated to be JP¥3,133, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.6% over the last 3 years. Earnings per share has grown by 17%. New Risk • Dec 12
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 5.2% 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 Share price has been volatile over the past 3 months (5.2% average weekly change). Market cap is less than US$100m (JP¥7.41b market cap, or US$48.5m). Announcement • Aug 16
Dawn Corp. to Report Q1, 2025 Results on Oct 10, 2024 Dawn Corp. announced that they will report Q1, 2025 results on Oct 10, 2024 Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥1,711, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 20x in the Software industry in Japan. Total loss to shareholders of 27% over the past three years. Reported Earnings • Jul 16
Full year 2024 earnings released: EPS: JP¥125 (vs JP¥101 in FY 2023) Full year 2024 results: EPS: JP¥125 (up from JP¥101 in FY 2023). Revenue: JP¥1.50b (up 9.6% from FY 2023). Net income: JP¥388.0m (up 21% from FY 2023). Profit margin: 26% (up from 24% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Jul 12
Dawn Corp., Annual General Meeting, Aug 28, 2024 Dawn Corp., Annual General Meeting, Aug 28, 2024. Buy Or Sell Opportunity • Jul 08
Now 20% undervalued Over the last 90 days, the stock has risen 4.2% to JP¥2,117. The fair value is estimated to be JP¥2,656, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 14%. Upcoming Dividend • May 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 May 2024. Payment date: 30 August 2024. The average dividend yield among industry peers is 1.4%. Announcement • May 03
Dawn Corp. to Report Fiscal Year 2024 Results on Jul 11, 2024 Dawn Corp. announced that they will report fiscal year 2024 results on Jul 11, 2024 Reported Earnings • Apr 09
Third quarter 2024 earnings released: EPS: JP¥37.94 (vs JP¥43.08 in 3Q 2023) Third quarter 2024 results: EPS: JP¥37.94 (down from JP¥43.08 in 3Q 2023). Revenue: JP¥413.0m (down 12% from 3Q 2023). Net income: JP¥118.0m (down 14% from 3Q 2023). Profit margin: 29% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Jan 28
Dawn Corp. to Report Q3, 2024 Results on Apr 08, 2024 Dawn Corp. announced that they will report Q3, 2024 results on Apr 08, 2024 Buying Opportunity • Jan 17
Now 20% undervalued Over the last 90 days, the stock is up 14%. The fair value is estimated to be JP¥2,650, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 16%. Reported Earnings • Jan 13
Second quarter 2024 earnings released: EPS: JP¥25.03 (vs JP¥14.66 in 2Q 2023) Second quarter 2024 results: EPS: JP¥25.03 (up from JP¥14.66 in 2Q 2023). Revenue: JP¥299.0m (up 22% from 2Q 2023). Net income: JP¥78.0m (up 66% from 2Q 2023). Profit margin: 26% (up from 19% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Jan 11
Dawn Corp. (TSE:2303) announces an Equity Buyback for 60,000 shares, representing 1.92% for ¥100 million. Dawn Corp. (TSE:2303) announces a share repurchase program. Under the program, the company will repurchase up to 60,000 shares, representing 1.92% of its share capital, for ¥100 million. The purpose of the program is to returning profits to shareholders, improving capital efficiency, and implementing flexible capital policies according to the business environment. The repurchased shares will be used for restricted stock compensation. The program will expire on March 31, 2024. As of December 31, 2023, the company had 3,120,032 shares in issue (excluding treasury stock) and 179,968 shares in treasury. Buying Opportunity • Dec 01
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 2.1%. The fair value is estimated to be JP¥2,421, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.9% over the last 3 years. Earnings per share has grown by 16%. Announcement • Nov 01
Dawn Corp. to Report Q2, 2024 Results on Jan 11, 2024 Dawn Corp. announced that they will report Q2, 2024 results on Jan 11, 2024 Reported Earnings • Oct 11
First quarter 2024 earnings released: EPS: JP¥15.11 (vs JP¥14.67 in 1Q 2023) First quarter 2024 results: EPS: JP¥15.11 (up from JP¥14.67 in 1Q 2023). Revenue: JP¥252.0m (down 7.4% from 1Q 2023). Net income: JP¥47.0m (flat on 1Q 2023). Profit margin: 19% (up from 17% 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 16% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Buying Opportunity • Oct 11
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be JP¥2,414, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 16%. Reported Earnings • Sep 05
Full year 2023 earnings released: EPS: JP¥101 (vs JP¥88.37 in FY 2022) Full year 2023 results: EPS: JP¥101 (up from JP¥88.37 in FY 2022). Revenue: JP¥1.37b (up 12% from FY 2022). Net income: JP¥321.0m (up 13% from FY 2022). Profit margin: 24% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Jul 30
Dawn Corp. to Report Q1, 2024 Results on Oct 10, 2023 Dawn Corp. announced that they will report Q1, 2024 results on Oct 10, 2023 Reported Earnings • Jul 16
Full year 2023 earnings released: EPS: JP¥101 (vs JP¥88.37 in FY 2022) Full year 2023 results: EPS: JP¥101 (up from JP¥88.37 in FY 2022). Revenue: JP¥1.37b (up 12% from FY 2022). Net income: JP¥321.0m (up 13% from FY 2022). Profit margin: 24% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Jul 13
Dawn Corp., Annual General Meeting, Aug 29, 2023 Dawn Corp., Annual General Meeting, Aug 29, 2023. Upcoming Dividend • May 23
Inaugural dividend of JP¥16.00 per share Eligible shareholders must have bought the stock before 30 May 2023. Payment date: 28 August 2023. This is the first dividend for Dawn since going public. The average dividend yield among industry peers is 1.6%. Reported Earnings • Apr 08
Third quarter 2023 earnings released: EPS: JP¥43.08 (vs JP¥24.34 in 3Q 2022) Third quarter 2023 results: EPS: JP¥43.08 (up from JP¥24.34 in 3Q 2022). Revenue: JP¥467.0m (up 54% from 3Q 2022). Net income: JP¥137.0m (up 76% from 3Q 2022). Profit margin: 29% (up from 26% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥2,221, the stock trades at a trailing P/E ratio of 26.9x. Average trailing P/E is 25x in the Software industry in Japan. Total loss to shareholders of 3.0% over the past three years. Announcement • Jan 29
Dawn Corp. to Report Q3, 2023 Results on Apr 06, 2023 Dawn Corp. announced that they will report Q3, 2023 results on Apr 06, 2023 Reported Earnings • Jan 13
Second quarter 2023 earnings released: EPS: JP¥14.66 (vs JP¥26.54 in 2Q 2022) Second quarter 2023 results: EPS: JP¥14.66 (down from JP¥26.54 in 2Q 2022). Revenue: JP¥245.0m (down 22% from 2Q 2022). Net income: JP¥47.0m (down 45% from 2Q 2022). Profit margin: 19% (down from 27% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Jan 12
Dawn Corp. (TSE:2303) announces an Equity Buyback for 100,000 shares, representing 3.12% for ¥200 million. Dawn Corp. (TSE:2303) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 3.12% of its share capital, for ¥200 million. The purpose of the program is to enable the implementation of agile capital policies in response to changes in the business environment and shareholder returns and improvement of capital efficiency. The program will expire on May 31, 2023. As of December 31, 2022, the company had 3,209,632 shares in issue (excluding treasury stock) and 90,368 shares in treasury. Board Change • Nov 16
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. 2 experienced directors. 2 highly experienced directors. No independent directors (4 non-independent directors). Director Kanezaki Sadao was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Nov 02
Dawn Corp. to Report Q2, 2023 Results on Jan 12, 2023 Dawn Corp. announced that they will report Q2, 2023 results on Jan 12, 2023 Reported Earnings • Oct 09
First quarter 2023 earnings released: EPS: JP¥14.67 (vs JP¥9.38 in 1Q 2022) First quarter 2023 results: EPS: JP¥14.67 (up from JP¥9.38 in 1Q 2022). Revenue: JP¥272.0m (up 28% from 1Q 2022). Net income: JP¥47.0m (up 57% from 1Q 2022). Profit margin: 17% (up from 14% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 11% per year. Announcement • Aug 04
Dawn Corp. to Report Q1, 2023 Results on Oct 06, 2022 Dawn Corp. announced that they will report Q1, 2023 results on Oct 06, 2022 Reported Earnings • Jul 10
Full year 2022 earnings released: EPS: JP¥88.37 (vs JP¥74.14 in FY 2021) Full year 2022 results: EPS: JP¥88.37 (up from JP¥74.14 in FY 2021). Revenue: JP¥1.22b (up 9.2% from FY 2021). Net income: JP¥283.0m (up 19% from FY 2021). Profit margin: 23% (up from 21% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 08
Dawn Corp., Annual General Meeting, Aug 25, 2022 Dawn Corp., Annual General Meeting, Aug 25, 2022. Upcoming Dividend • May 23
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 30 May 2022. Payment date: 29 August 2022. The company last paid an ordinary dividend in July 2011. The average dividend yield among industry peers is 1.8%. Announcement • May 02
Dawn Corp. to Report Fiscal Year 2022 Results on Jul 07, 2022 Dawn Corp. announced that they will report fiscal year 2022 results on Jul 07, 2022 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. 3 highly experienced directors. No independent directors (7 non-independent directors). Director Kanezaki Sadao was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Apr 08
Third quarter 2022 earnings released: EPS: JP¥24.34 (vs JP¥18.75 in 3Q 2021) Third quarter 2022 results: EPS: JP¥24.34 (up from JP¥18.75 in 3Q 2021). Revenue: JP¥304.0m (up 11% from 3Q 2021). Net income: JP¥78.0m (up 30% from 3Q 2021). Profit margin: 26% (up from 22% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improved over the past week After last week's 19% share price gain to JP¥2,024, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 23x in the Software industry in Japan. Total returns to shareholders of 105% over the past three years. Announcement • Jan 30
Dawn Corp. to Report Q3, 2022 Results on Apr 07, 2022 Dawn Corp. announced that they will report Q3, 2022 results on Apr 07, 2022 Reported Earnings • Jan 13
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: JP¥26.54 (up from JP¥14.39 in 2Q 2021). Revenue: JP¥312.0m (up 36% from 2Q 2021). Net income: JP¥85.0m (up 85% from 2Q 2021). Profit margin: 27% (up from 20% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 20% per year. Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment deteriorated over the past week After last week's 19% share price decline to JP¥1,629, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 23x in the Software industry in Japan. Total returns to shareholders of 65% over the past three years. Reported Earnings • Oct 08
First quarter 2022 earnings released: EPS JP¥9.38 (vs JP¥11.91 in 1Q 2021) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥213.0m (down 2.7% from 1Q 2021). Net income: JP¥30.0m (down 21% from 1Q 2021). Profit margin: 14% (down from 17% in 1Q 2021). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 23% per year. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥2,971, the stock trades at a trailing P/E ratio of 40.1x. Average trailing P/E is 30x in the Software industry in Japan. Total returns to shareholders of 105% over the past three years. Reported Earnings • Jul 10
Full year 2021 earnings released: EPS JP¥74.14 (vs JP¥62.72 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥1.12b (up 6.6% from FY 2020). Net income: JP¥237.0m (up 19% from FY 2020). Profit margin: 21% (up from 19% 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 23% per year whereas the company’s share price has increased by 25% per year. Upcoming Dividend • May 22
Inaugural dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 28 May 2021. Payment date: 27 August 2021. The company last paid an ordinary dividend in April 2012. The average dividend yield among industry peers is 1.4%. Reported Earnings • Apr 10
Third quarter 2021 earnings released: EPS JP¥18.75 (vs JP¥9.71 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥274.0m (up 19% from 3Q 2020). Net income: JP¥60.0m (up 94% from 3Q 2020). Profit margin: 22% (up from 13% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 22% per year. Announcement • Jan 31
Dawn Corp. to Report Q3, 2021 Results on Apr 08, 2021 Dawn Corp. announced that they will report Q3, 2021 results on Apr 08, 2021 Reported Earnings • Jan 09
Second quarter 2021 earnings released: EPS JP¥14.39 The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: JP¥230.0m (down 5.0% from 2Q 2020). Net income: JP¥46.0m (up 15% from 2Q 2020). Profit margin: 20% (up from 17% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥3,640, the stock is trading at a trailing P/E ratio of 58.1x, up from the previous P/E ratio of 49.5x. This compares to an average P/E of 36x in the Software industry in Japan. Total returns to shareholders over the past three years are 207%. Valuation Update With 7 Day Price Move • Dec 24
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥3,900, the stock is trading at a trailing P/E ratio of 62.2x, up from the previous P/E ratio of 53.7x. This compares to an average P/E of 37x in the Software industry in Japan. Total returns to shareholders over the past three years are 227%. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improved over the past week After last week's 22% share price gain to JP¥3,505, the stock is trading at a trailing P/E ratio of 55.9x, up from the previous P/E ratio of 45.9x. This compares to an average P/E of 38x in the Software industry in Japan. Total returns to shareholders over the past three years are 211%. Is New 90 Day High Low • Dec 10
New 90-day high: JP¥2,706 The company is up 33% from its price of JP¥2,029 on 11 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 6.0% over the same period. Valuation Update With 7 Day Price Move • Dec 10
Market bids up stock over the past week After last week's 19% share price gain to JP¥2,706, the stock is trading at a trailing P/E ratio of 43.2x, up from the previous P/E ratio of 36.2x. This compares to an average P/E of 38x in the Software industry in Japan. Total returns to shareholders over the past three years are 125%. Reported Earnings • Oct 10
First quarter earnings released Over the last 12 months the company has reported total profits of JP¥200.0m, up 1.4% from the prior year. Total revenue was JP¥1.08b over the last 12 months, up 14% from the prior year. Announcement • Aug 10
Dawn Corp. to Report Q1, 2021 Results on Oct 08, 2020 Dawn Corp. announced that they will report Q1, 2021 results on Oct 08, 2020