Announcement • Jun 04
System Location Co.,Ltd. to Report Q1, 2027 Results on Aug 07, 2026 System Location Co.,Ltd. announced that they will report Q1, 2027 results on Aug 07, 2026 Reported Earnings • May 05
Full year 2026 earnings released: EPS: JP¥84.18 (vs JP¥93.53 in FY 2025) Full year 2026 results: EPS: JP¥84.18 (down from JP¥93.53 in FY 2025). Revenue: JP¥1.73b (up 4.0% from FY 2025). Net income: JP¥297.0m (down 10.0% from FY 2025). Profit margin: 17% (down from 20% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • May 01
System Location Co.,Ltd., Annual General Meeting, Jun 24, 2026 System Location Co.,Ltd., Annual General Meeting, Jun 24, 2026. Announcement • Apr 22
System Location Co.,Ltd. to Report Fiscal Year 2026 Results on May 01, 2026 System Location Co.,Ltd. announced that they will report fiscal year 2026 results on May 01, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥38.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.3%). Reported Earnings • Feb 08
Third quarter 2026 earnings released: EPS: JP¥29.76 (vs JP¥24.38 in 3Q 2025) Third quarter 2026 results: EPS: JP¥29.76 (up from JP¥24.38 in 3Q 2025). Revenue: JP¥435.0m (up 6.1% from 3Q 2025). Net income: JP¥105.0m (up 22% from 3Q 2025). Profit margin: 24% (up from 21% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Dec 06
System Location Co.,Ltd. to Report Q3, 2026 Results on Feb 06, 2026 System Location Co.,Ltd. announced that they will report Q3, 2026 results on Feb 06, 2026 Reported Earnings • Nov 09
Second quarter 2026 earnings released: EPS: JP¥30.61 (vs JP¥13.32 in 2Q 2025) Second quarter 2026 results: EPS: JP¥30.61 (up from JP¥13.32 in 2Q 2025). Revenue: JP¥434.0m (up 1.9% from 2Q 2025). Net income: JP¥108.0m (up 130% from 2Q 2025). Profit margin: 25% (up from 11% in 2Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Sep 02
System Location Co.,Ltd. to Report Q2, 2026 Results on Nov 07, 2025 System Location Co.,Ltd. announced that they will report Q2, 2026 results on Nov 07, 2025 Reported Earnings • Aug 06
First quarter 2026 earnings released: EPS: JP¥32.60 (vs JP¥40.53 in 1Q 2025) First quarter 2026 results: EPS: JP¥32.60 (down from JP¥40.53 in 1Q 2025). Revenue: JP¥428.0m (up 2.4% from 1Q 2025). Net income: JP¥115.0m (down 20% from 1Q 2025). Profit margin: 27% (down from 34% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 2% per year. Reported Earnings • Jun 29
Full year 2025 earnings released: EPS: JP¥93.53 (vs JP¥106 in FY 2024) Full year 2025 results: EPS: JP¥93.53 (down from JP¥106 in FY 2024). Revenue: JP¥1.67b (down 4.3% from FY 2024). Net income: JP¥330.0m (down 12% from FY 2024). Profit margin: 20% (down from 21% in FY 2024). The decrease in margin was driven by lower revenue. 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 5% per year. Announcement • Jun 27
System Location Co.,Ltd. to Report Q1, 2026 Results on Aug 01, 2025 System Location Co.,Ltd. announced that they will report Q1, 2026 results on Aug 01, 2025 Reported Earnings • May 03
Full year 2025 earnings released: EPS: JP¥93.53 (vs JP¥106 in FY 2024) Full year 2025 results: EPS: JP¥93.53 (down from JP¥106 in FY 2024). Revenue: JP¥1.67b (down 4.3% from FY 2024). Net income: JP¥330.0m (down 12% from FY 2024). Profit margin: 20% (down from 21% in FY 2024). The decrease in margin was driven by lower revenue. 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 7% per year. Announcement • May 02
System Location Co.,Ltd., Annual General Meeting, Jun 25, 2025 System Location Co.,Ltd., Annual General Meeting, Jun 25, 2025. Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to JP¥1,745, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 20x in the Software industry in Japan. Total returns to shareholders of 8.4% over the past three years. Announcement • Mar 27
System Location Co.,Ltd. to Report Fiscal Year 2025 Results on May 02, 2025 System Location Co.,Ltd. announced that they will report fiscal year 2025 results on May 02, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥38.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%). Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥1,480, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 20x in the Software industry in Japan. Total returns to shareholders of 1.4% over the past three years. New Risk • Feb 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 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¥4.49b market cap, or US$29.5m). Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥24.38 (vs JP¥32.31 in 3Q 2024) Third quarter 2025 results: EPS: JP¥24.38 (down from JP¥32.31 in 3Q 2024). Revenue: JP¥410.0m (down 9.5% from 3Q 2024). Net income: JP¥86.0m (down 25% from 3Q 2024). Profit margin: 21% (down from 25% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings. Announcement • Dec 04
System Location Co.,Ltd. to Report Q3, 2025 Results on Feb 07, 2025 System Location Co.,Ltd. announced that they will report Q3, 2025 results on Feb 07, 2025 Reported Earnings • Nov 03
Second quarter 2025 earnings released: EPS: JP¥13.32 (vs JP¥20.69 in 2Q 2024) Second quarter 2025 results: EPS: JP¥13.32 (down from JP¥20.69 in 2Q 2024). Revenue: JP¥426.0m (flat on 2Q 2024). Net income: JP¥47.0m (down 36% from 2Q 2024). Profit margin: 11% (down from 17% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings. New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Market cap is less than US$100m (JP¥4.89b market cap, or US$34.8m). Announcement • Aug 28
System Location Co.,Ltd. to Report Q2, 2025 Results on Nov 01, 2024 System Location Co.,Ltd. announced that they will report Q2, 2025 results on Nov 01, 2024 Reported Earnings • Aug 04
First quarter 2025 earnings released: EPS: JP¥40.53 (vs JP¥31.18 in 1Q 2024) First quarter 2025 results: EPS: JP¥40.53 (up from JP¥31.18 in 1Q 2024). Revenue: JP¥418.0m (down 2.6% from 1Q 2024). Net income: JP¥143.0m (up 30% from 1Q 2024). Profit margin: 34% (up from 26% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings. Buy Or Sell Opportunity • Jul 31
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.0% to JP¥1,373. The fair value is estimated to be JP¥1,741, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has declined by 3.7%. Announcement • Jun 28
System Location Co.,Ltd. to Report Q1, 2025 Results on Aug 02, 2024 System Location Co.,Ltd. announced that they will report Q1, 2025 results on Aug 02, 2024 Announcement • May 05
System Location Co.,Ltd., Annual General Meeting, Jun 26, 2024 System Location Co.,Ltd., Annual General Meeting, Jun 26, 2024. Reported Earnings • May 04
Full year 2024 earnings released: EPS: JP¥106 (vs JP¥105 in FY 2023) Full year 2024 results: EPS: JP¥106 (up from JP¥105 in FY 2023). Revenue: JP¥1.74b (up 2.7% from FY 2023). Net income: JP¥373.0m (up 1.1% from FY 2023). Profit margin: 21% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥38.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 June 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.3%). Announcement • Mar 02
System Location Co.,Ltd. to Report Fiscal Year 2024 Results on May 02, 2024 System Location Co.,Ltd. announced that they will report fiscal year 2024 results on May 02, 2024 Reported Earnings • Feb 04
Third quarter 2024 earnings released: EPS: JP¥32.31 (vs JP¥28.34 in 3Q 2023) Third quarter 2024 results: EPS: JP¥32.31 (up from JP¥28.34 in 3Q 2023). Revenue: JP¥453.0m (up 5.6% from 3Q 2023). Net income: JP¥114.0m (up 14% from 3Q 2023). Profit margin: 25% (up from 23% in 3Q 2023). The increase in margin was driven by higher revenue. 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 5% per year. Announcement • Dec 08
System Location Co.,Ltd. to Report Q3, 2024 Results on Feb 02, 2024 System Location Co.,Ltd. announced that they will report Q3, 2024 results on Feb 02, 2024 Reported Earnings • Nov 04
Second quarter 2024 earnings released: EPS: JP¥20.69 (vs JP¥24.66 in 2Q 2023) Second quarter 2024 results: EPS: JP¥20.69 (down from JP¥24.66 in 2Q 2023). Revenue: JP¥427.0m (flat on 2Q 2023). Net income: JP¥73.0m (down 16% from 2Q 2023). Profit margin: 17% (down from 20% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings. Announcement • Sep 28
System Location Co.,Ltd. to Report Q2, 2024 Results on Nov 02, 2023 System Location Co.,Ltd. announced that they will report Q2, 2024 results on Nov 02, 2023 Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: JP¥31.18 (vs JP¥26.08 in 1Q 2023) First quarter 2024 results: EPS: JP¥31.18 (up from JP¥26.08 in 1Q 2023). Revenue: JP¥429.0m (up 4.6% from 1Q 2023). Net income: JP¥110.0m (up 20% from 1Q 2023). Profit margin: 26% (up from 22% in 1Q 2023). Over the last 3 years on average, earnings per share has remained flat and the company’s share price has also remained flat. Reported Earnings • Jun 28
Full year 2023 earnings released: EPS: JP¥105 (vs JP¥120 in FY 2022) Full year 2023 results: EPS: JP¥105 (down from JP¥120 in FY 2022). Revenue: JP¥1.70b (up 30% from FY 2022). Net income: JP¥369.0m (down 13% from FY 2022). Profit margin: 22% (down from 32% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 7% per year. Announcement • Jun 15
System Location Co.,Ltd. to Report Q1, 2024 Results on Aug 04, 2023 System Location Co.,Ltd. announced that they will report Q1, 2024 results on Aug 04, 2023 Reported Earnings • May 04
Full year 2023 earnings released: EPS: JP¥105 (vs JP¥120 in FY 2022) Full year 2023 results: EPS: JP¥105 (down from JP¥120 in FY 2022). Revenue: JP¥1.70b (up 30% from FY 2022). Net income: JP¥369.0m (down 13% from FY 2022). Profit margin: 22% (down from 32% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥38.00 per share at 2.5% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 23 June 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 04
Third quarter 2023 earnings released: EPS: JP¥28.34 (vs JP¥25.79 in 3Q 2022) Third quarter 2023 results: EPS: JP¥28.34 (up from JP¥25.79 in 3Q 2022). Revenue: JP¥429.0m (up 36% from 3Q 2022). Net income: JP¥100.0m (up 9.9% from 3Q 2022). Profit margin: 23% (down from 29% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Dec 02
System Location Co.,Ltd. to Report Q3, 2023 Results on Feb 03, 2023 System Location Co.,Ltd. announced that they will report Q3, 2023 results on Feb 03, 2023 Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 7 highly experienced directors. 1 independent director (4 non-independent directors). Independent Outside Director Tatsuki Nagano was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 06
Second quarter 2023 earnings released: EPS: JP¥24.66 (vs JP¥22.67 in 2Q 2022) Second quarter 2023 results: EPS: JP¥24.66 (up from JP¥22.67 in 2Q 2022). Revenue: JP¥427.0m (up 33% from 2Q 2022). Net income: JP¥87.0m (up 8.7% from 2Q 2022). Profit margin: 20% (down from 25% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Sep 26
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be JP¥2,091, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 13%. Announcement • Sep 01
System Location Co.,Ltd. to Report Q2, 2023 Results on Nov 04, 2022 System Location Co.,Ltd. announced that they will report Q2, 2023 results on Nov 04, 2022 Buying Opportunity • Aug 09
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 4.5%. The fair value is estimated to be JP¥2,109, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 13%. Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥26.08 (vs JP¥39.40 in 1Q 2022) First quarter 2023 results: EPS: JP¥26.08 (down from JP¥39.40 in 1Q 2022). Revenue: JP¥410.0m (up 32% from 1Q 2022). Net income: JP¥92.0m (down 34% from 1Q 2022). Profit margin: 22% (down from 45% in 1Q 2022). The decrease in margin was driven by higher 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 17% per year. Announcement • Jun 22
System Location Co.,Ltd. to Report Q1, 2023 Results on Aug 05, 2022 System Location Co.,Ltd. announced that they will report Q1, 2023 results on Aug 05, 2022 Reported Earnings • May 11
Full year 2022 earnings released: EPS: JP¥120 (vs JP¥111 in FY 2021) Full year 2022 results: EPS: JP¥120 (up from JP¥111 in FY 2021). Revenue: JP¥1.30b (up 15% from FY 2021). Net income: JP¥422.0m (up 7.9% from FY 2021). Profit margin: 32% (down from 34% in FY 2021). The decrease in margin was driven by higher expenses. 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 28% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 08
System Location Co.,Ltd., Annual General Meeting, Jun 22, 2022 System Location Co.,Ltd., Annual General Meeting, Jun 22, 2022. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 5 highly experienced directors. 1 independent director (4 non-independent directors). Independent Outside Director Tatsuki Nagano was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 08
System Location Co.,Ltd. to Report Fiscal Year 2022 Results on May 06, 2022 System Location Co.,Ltd. announced that they will report fiscal year 2022 results on May 06, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 24 June 2022. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (1.8%). Reported Earnings • Feb 07
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥25.79 (down from JP¥47.33 in 3Q 2021). Revenue: JP¥316.0m (up 12% from 3Q 2021). Net income: JP¥91.0m (down 46% from 3Q 2021). Profit margin: 29% (down from 59% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 21% per year and the company’s share price has also increased by 21% per year. Announcement • Jan 27
System Location Co.,Ltd. (JASDAQ:2480) agreed to acquire Inspiration Co., Ltd. from Ayako Ochiai, Masaharu Iwahashi and other sellers for approximately ¥820 million. System Location Co.,Ltd. (JASDAQ:2480) agreed to acquire Inspiration Co., Ltd. from Ayako Ochiai, Masaharu Iwahashi and other sellers for approximately ¥820 million on January 26, 2022. Prior to completion, Inspiration Co. is held 26.9% by Ayako Ochiai, 21.5% by Masaharu Iwahashi and 51.6% by other 13 sellers and upon completion, System Location will own 100% in it, making it a subsidiary. The consideration will be made with own funds. The net asset, total asset, sales, operating income and net income of Inspiration Co. for fiscal year ended September 30, 2021, were ¥266.45 million, ¥344.36 million, ¥349.54 million, ¥78.62 million and ¥53.32 million, respectively. The transaction is subject to due diligence review and a legally binding share transfer agreement. The transaction is expected to close by late April 2022. The transaction will not affect the Group's business results for the fiscal year ending March 2022. Reported Earnings • Nov 07
Second quarter 2022 earnings released: EPS JP¥22.67 (vs JP¥22.96 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: JP¥322.0m (up 15% from 2Q 2021). Net income: JP¥80.0m (down 1.2% from 2Q 2021). Profit margin: 25% (down from 29% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 15
First quarter 2022 earnings released: EPS JP¥39.40 (vs JP¥25.23 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥310.0m (up 15% from 1Q 2021). Net income: JP¥139.0m (up 56% from 1Q 2021). Profit margin: 45% (up from 33% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 30
Full year 2021 earnings released: EPS JP¥111 (vs JP¥92.68 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥1.14b (up 6.7% from FY 2020). Net income: JP¥391.0m (up 20% from FY 2020). Profit margin: 34% (up from 31% in FY 2020). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • May 29
Ryuhei Shinohara agreed to acquire an additional 49.5% stake in MinervaGrandir Co., Ltd. from System Location Co.,Ltd. (JASDAQ:2480) for ¥9.3 million. Ryuhei Shinohara agreed to acquire an additional 49.5% stake in MinervaGrandir Co., Ltd. from System Location Co.,Ltd. (JASDAQ:2480) for ¥9.3 million on May 28, 2021. System Location will exit its stake completely. For fiscal year ending September 2020, MinervaGrandir had revenues of ¥86 million, total assets of ¥36 million, net assets of ¥17.4 million, operating income of ¥5 million and net income of ¥6.2 million. Transaction is expected to be completed on June 1, 2021. Impact of the transaction will be minor for System Location. Reported Earnings • May 10
Full year 2021 earnings released: EPS JP¥111 (vs JP¥92.68 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥1.14b (up 6.7% from FY 2020). Net income: JP¥391.0m (up 20% from FY 2020). Profit margin: 34% (up from 31% in FY 2020). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥24.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 25 June 2021. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.3%). Announcement • Mar 07
System Location Co.,Ltd. to Report Fiscal Year 2021 Results on May 07, 2021 System Location Co.,Ltd. announced that they will report fiscal year 2021 results on May 07, 2021 Reported Earnings • Feb 09
Third quarter 2021 earnings released: EPS JP¥47.33 (vs JP¥20.69 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥283.0m (up 5.2% from 3Q 2020). Net income: JP¥167.0m (up 129% from 3Q 2020). Profit margin: 59% (up from 27% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 08
New 90-day low: JP¥1,590 The company is down 8.0% from its price of JP¥1,720 on 10 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 1.0% over the same period. Is New 90 Day High Low • Nov 30
New 90-day high: JP¥1,893 The company is up 30% from its price of JP¥1,452 on 01 September 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 4.0% over the same period. Announcement • Nov 29
Maple Investment Partners signed an agreement to acquire 24.5% stake CAR AUCTION CO., LTD. from System Location Co.,Ltd. (JASDAQ:2480) for approximately KRW 2.9 billion. Maple Investment Partners signed an agreement to acquire 24.5% stake CAR AUCTION CO., LTD. from System Location Co.,Ltd. (JASDAQ:2480) for approximately KRW 2.9 billion on November 27, 2020. Under the agreement, Maple Investment will acquire 0.98 million shares. CAR AUCTION reported KRW 3.8 billion of net worth, Total assets of KRW 6.1 billion, total sales of KRW 4.7 billion, operating income of KRW 431 million, Net income of KRW 454 million. As a result, System Location will hold 24.55 stake of CAR AUCTION. The contract will close November 30, 2020. It is expected that the transfer of shares will generate a gain (extraordinary income) on the sale of shares of affiliated companies in the System Location's individual and consolidated financial statements. Reported Earnings • Nov 08
Second quarter 2021 earnings released: EPS JP¥22.96 The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: JP¥279.0m (up 6.1% from 2Q 2020). Net income: JP¥81.0m (up 2.5% from 2Q 2020). Profit margin: 29% (down from 30% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Oct 08
New 90-day high: JP¥1,628 The company is up 34% from its price of JP¥1,217 on 10 July 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 4.0% over the same period. Is New 90 Day High Low • Sep 18
New 90-day high: JP¥1,618 The company is up 37% from its price of JP¥1,179 on 19 June 2020. The Japanese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 5.0% over the same period. Announcement • Sep 04
System Location Co.,Ltd. to Report Q2, 2021 Results on Nov 06, 2020 System Location Co.,Ltd. announced that they will report Q2, 2021 results on Nov 06, 2020 Announcement • Jun 17
System Location Co.,Ltd. to Report Q1, 2021 Results on Aug 07, 2020 System Location Co.,Ltd. announced that they will report Q1, 2021 results on Aug 07, 2020 
