Announcement • 8h
Softcreate Holdings Corp. to Report Fiscal Year 2026 Results on May 11, 2026 Softcreate Holdings Corp. announced that they will report fiscal year 2026 results on May 11, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥31.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 05 June 2026. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.8%). Buy Or Sell Opportunity • Mar 03
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.5% to JP¥2,051. The fair value is estimated to be JP¥2,582, 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 11%. Reported Earnings • Feb 03
Third quarter 2026 earnings released: EPS: JP¥42.32 (vs JP¥31.30 in 3Q 2025) Third quarter 2026 results: EPS: JP¥42.32 (up from JP¥31.30 in 3Q 2025). Revenue: JP¥8.64b (up 16% from 3Q 2025). Net income: JP¥1.06b (up 36% from 3Q 2025). Profit margin: 12% (up from 10% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 6% per year. Announcement • Dec 19
Softcreate Holdings Corp. to Report Q3, 2026 Results on Feb 02, 2026 Softcreate Holdings Corp. announced that they will report Q3, 2026 results on Feb 02, 2026 Declared Dividend • Dec 06
First half dividend of JP¥31.00 announced Shareholders will receive a dividend of JP¥31.00. Ex-date: 30th March 2026 Payment date: 5th June 2026 Dividend yield will be 3.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 20% 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 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Nov 18
Softcreate Holdings Corp. (TSE:3371) enter into a memorandum of understanding to acquire 80% stake in MGRe, Inc. Softcreate Holdings Corp. (TSE:3371) enter into a memorandum of understanding to acquire 80% stake in MGRe, Inc. on November 17, 2025. Reported Earnings • Nov 06
Second quarter 2026 earnings released: EPS: JP¥41.20 (vs JP¥36.50 in 2Q 2025) Second quarter 2026 results: EPS: JP¥41.20 (up from JP¥36.50 in 2Q 2025). Revenue: JP¥8.62b (up 6.8% from 2Q 2025). Net income: JP¥1.03b (up 12% from 2Q 2025). Profit margin: 12% (in line with 2Q 2025). Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 7% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥31.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%). Announcement • Sep 11
Softcreate Holdings Corp. to Report Q2, 2026 Results on Nov 04, 2025 Softcreate Holdings Corp. announced that they will report Q2, 2026 results on Nov 04, 2025 New Risk • Aug 03
New major risk - Revenue and earnings growth Earnings have declined by 5.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.4% per year over the past 5 years. Minor Risk Paying a dividend despite being loss-making. Reported Earnings • Aug 02
First quarter 2026 earnings released: EPS: JP¥33.82 (vs JP¥34.00 in 1Q 2025) First quarter 2026 results: EPS: JP¥33.82 (down from JP¥34.00 in 1Q 2025). Revenue: JP¥7.89b (up 11% from 1Q 2025). Net income: JP¥842.0m (down 1.3% from 1Q 2025). Profit margin: 11% (down from 12% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jul 09
Final dividend of JP¥31.00 announced Shareholders will receive a dividend of JP¥31.00. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 2.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 21% 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 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 24
Full year 2025 earnings released: EPS: JP¥142 (vs JP¥130 in FY 2024) Full year 2025 results: EPS: JP¥142 (up from JP¥130 in FY 2024). Revenue: JP¥31.0b (up 11% from FY 2024). Net income: JP¥3.55b (up 8.9% from FY 2024). Profit margin: 12% (in line with FY 2024). 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 5% per year, which means it is significantly lagging earnings growth. Announcement • Jun 19
Softcreate Holdings Corp. to Report Q1, 2026 Results on Aug 01, 2025 Softcreate Holdings Corp. announced that they will report Q1, 2026 results on Aug 01, 2025 Reported Earnings • May 12
Full year 2025 earnings released: EPS: JP¥142 (vs JP¥130 in FY 2024) Full year 2025 results: EPS: JP¥142 (up from JP¥130 in FY 2024). Revenue: JP¥31.0b (up 11% from FY 2024). Net income: JP¥3.55b (up 8.9% from FY 2024). Profit margin: 12% (in line with FY 2024). 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 1% per year, which means it is significantly lagging earnings. Announcement • May 09
Softcreate Holdings Corp., Annual General Meeting, Jun 19, 2025 Softcreate Holdings Corp., Annual General Meeting, Jun 19, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥27.50 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 05 June 2025. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.4%). Announcement • Mar 05
Softcreate Holdings Corp. to Report Fiscal Year 2025 Results on May 09, 2025 Softcreate Holdings Corp. announced that they will report fiscal year 2025 results on May 09, 2025 Reported Earnings • Feb 04
Third quarter 2025 earnings released: EPS: JP¥31.30 (vs JP¥38.69 in 3Q 2024) Third quarter 2025 results: EPS: JP¥31.30 (down from JP¥38.69 in 3Q 2024). Revenue: JP¥7.48b (up 8.2% from 3Q 2024). Net income: JP¥780.0m (down 20% from 3Q 2024). Profit margin: 10% (down from 14% in 3Q 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 4% per year, which means it is significantly lagging earnings growth. Announcement • Dec 18
Softcreate Holdings Corp. to Report Q3, 2025 Results on Feb 03, 2025 Softcreate Holdings Corp. announced that they will report Q3, 2025 results on Feb 03, 2025 Declared Dividend • Dec 03
First half dividend of JP¥27.50 announced Shareholders will receive a dividend of JP¥27.50. Ex-date: 28th March 2025 Payment date: 5th June 2025 Dividend yield will be 2.5%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 21% 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 25% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 01
Second quarter 2025 earnings released: EPS: JP¥36.50 (vs JP¥33.74 in 2Q 2024) Second quarter 2025 results: EPS: JP¥36.50 (up from JP¥33.74 in 2Q 2024). Revenue: JP¥8.07b (up 12% from 2Q 2024). Net income: JP¥915.0m (up 8.3% from 2Q 2024). Profit margin: 11% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥27.50 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 36% 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 (1.4%). Announcement • Sep 13
Softcreate Holdings Corp. to Report Q2, 2025 Results on Oct 30, 2024 Softcreate Holdings Corp. announced that they will report Q2, 2025 results on Oct 30, 2024 Announcement • Aug 05
Softcreate Holdings Corp. (TSE:3371) announces an Equity Buyback for 300,000 shares, representing 1.2% for ¥500 million. Softcreate Holdings Corp. (TSE:3371) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 1.2% of its issued share capital (excluding treasury stock), for a total purchase price of ¥500 million. The purpose of the program is to improve the level of shareholder returns and to implement a flexible capital policy in response to changes in the business environment. The program will be valid till October 31, 2024. As of August 5, 2024, the company has 25,093,801 issued shares (excluding treasury stock) and 2,546,477 treasury shares. Reported Earnings • Aug 03
First quarter 2025 earnings released: EPS: JP¥34.00 (vs JP¥32.26 in 1Q 2024) First quarter 2025 results: EPS: JP¥34.00 (up from JP¥32.26 in 1Q 2024). Revenue: JP¥7.10b (up 6.7% from 1Q 2024). Net income: JP¥853.0m (up 5.4% from 1Q 2024). Profit margin: 12% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jul 11
Final dividend of JP¥27.50 announced Shareholders will receive a dividend of JP¥27.50. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 2.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 21% 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 • Jun 28
Softcreate Holdings Corp. to Report Q1, 2025 Results on Aug 01, 2024 Softcreate Holdings Corp. announced that they will report Q1, 2025 results on Aug 01, 2024 Reported Earnings • Jun 23
Full year 2024 earnings released: EPS: JP¥130 (vs JP¥109 in FY 2023) Full year 2024 results: EPS: JP¥130 (up from JP¥109 in FY 2023). Revenue: JP¥27.9b (up 15% from FY 2023). Net income: JP¥3.26b (up 19% from FY 2023). Profit margin: 12% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 17% per year. Reported Earnings • May 11
Full year 2024 earnings released: EPS: JP¥130 (vs JP¥109 in FY 2023) Full year 2024 results: EPS: JP¥130 (up from JP¥109 in FY 2023). Revenue: JP¥27.9b (up 15% from FY 2023). Net income: JP¥3.26b (up 19% from FY 2023). Profit margin: 12% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 18% per year. Announcement • May 11
Softcreate Holdings Corp., Annual General Meeting, Jun 19, 2024 Softcreate Holdings Corp., Annual General Meeting, Jun 19, 2024. Announcement • Mar 27
Softcreate Holdings Corp. to Report Fiscal Year 2024 Results on May 09, 2024 Softcreate Holdings Corp. announced that they will report fiscal year 2024 results on May 09, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥24.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 03 June 2024. 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 (3.2%). Higher than average of industry peers (1.4%). Reported Earnings • Feb 03
Third quarter 2024 earnings released: EPS: JP¥38.69 (vs JP¥33.98 in 3Q 2023) Third quarter 2024 results: EPS: JP¥38.69 (up from JP¥33.98 in 3Q 2023). Revenue: JP¥6.92b (up 9.7% from 3Q 2023). Net income: JP¥971.0m (up 14% from 3Q 2023). Profit margin: 14% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Dec 03
Softcreate Holdings Corp. to Report Q3, 2024 Results on Feb 01, 2024 Softcreate Holdings Corp. announced that they will report Q3, 2024 results on Feb 01, 2024 Reported Earnings • Nov 02
Second quarter 2024 earnings released: EPS: JP¥33.74 (vs JP¥28.65 in 2Q 2023) Second quarter 2024 results: EPS: JP¥33.74 (up from JP¥28.65 in 2Q 2023). Revenue: JP¥7.20b (up 19% from 2Q 2023). Net income: JP¥845.0m (up 17% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023). 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 6% per year, which means it is significantly lagging earnings. Announcement • Sep 21
Softcreate Holdings Corp. to Report Q2, 2024 Results on Nov 01, 2023 Softcreate Holdings Corp. announced that they will report Q2, 2024 results on Nov 01, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥15.00 per share at 1.8% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.5%). Reported Earnings • Aug 02
First quarter 2024 earnings released: EPS: JP¥32.26 (vs JP¥21.13 in 1Q 2023) First quarter 2024 results: EPS: JP¥32.26 (up from JP¥21.13 in 1Q 2023). Revenue: JP¥6.65b (up 21% from 1Q 2023). Net income: JP¥809.0m (up 51% from 1Q 2023). Profit margin: 12% (up from 9.8% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 17% per year. Announcement • Jun 22
Softcreate Holdings Corp. to Report Q1, 2024 Results on Aug 01, 2023 Softcreate Holdings Corp. announced that they will report Q1, 2024 results on Aug 01, 2023 Reported Earnings • Jun 21
Full year 2023 earnings released: EPS: JP¥217 (vs JP¥90.97 in FY 2022) Full year 2023 results: EPS: JP¥217 (up from JP¥90.97 in FY 2022). Revenue: JP¥24.3b (up 14% from FY 2022). Net income: JP¥2.74b (up 16% from FY 2022). Profit margin: 11% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 12
Full year 2023 earnings released: EPS: JP¥217 (vs JP¥90.97 in FY 2022) Full year 2023 results: EPS: JP¥217 (up from JP¥90.97 in FY 2022). Revenue: JP¥24.3b (up 14% from FY 2022). Net income: JP¥2.74b (up 16% from FY 2022). Profit margin: 11% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Announcement • May 11
Softcreate Holdings Corp., Annual General Meeting, Jun 16, 2023 Softcreate Holdings Corp., Annual General Meeting, Jun 16, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥25.00 per share at 1.1% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 05 June 2023. Payout ratio is a comfortable 9.7% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.7%). Reported Earnings • Feb 02
Third quarter 2023 earnings released: EPS: JP¥67.96 (vs JP¥47.10 in 3Q 2022) Third quarter 2023 results: EPS: JP¥67.96 (up from JP¥47.10 in 3Q 2022). Revenue: JP¥6.31b (up 17% from 3Q 2022). Net income: JP¥852.0m (up 35% from 3Q 2022). Profit margin: 14% (up from 12% 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 22% per year whereas the company’s share price has increased by 25% per year. Announcement • Dec 01
Softcreate Holdings Corp. to Report Q3, 2023 Results on Feb 01, 2023 Softcreate Holdings Corp. announced that they will report Q3, 2023 results on Feb 01, 2023 Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Outside Director Daiki Tachibana 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. Insufficient board refreshment. Reported Earnings • Nov 03
Second quarter 2023 earnings released: EPS: JP¥57.30 (vs JP¥53.33 in 2Q 2022) Second quarter 2023 results: EPS: JP¥57.30 (up from JP¥53.33 in 2Q 2022). Revenue: JP¥6.06b (up 13% from 2Q 2022). Net income: JP¥724.0m (up 4.2% from 2Q 2022). Profit margin: 12% (down from 13% 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 23% per year and the company’s share price has also increased by 23% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.7%). Announcement • Sep 02
Softcreate Holdings Corp. to Report Q2, 2023 Results on Nov 01, 2022 Softcreate Holdings Corp. announced that they will report Q2, 2023 results on Nov 01, 2022 Reported Earnings • Aug 03
First quarter 2023 earnings released: EPS: JP¥42.26 (vs JP¥42.46 in 1Q 2022) First quarter 2023 results: EPS: JP¥42.26 (down from JP¥42.46 in 1Q 2022). Revenue: JP¥5.50b (up 12% from 1Q 2022). Net income: JP¥536.0m (down 5.0% from 1Q 2022). Profit margin: 9.8% (down from 11% 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 26% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 03
Softcreate Holdings Corp. (TSE:3371) announces an Equity Buyback for 120,000 shares, representing 0.95% for ¥500 million. Softcreate Holdings Corp. (TSE:3371) announces a share repurchase program. Under the program, the company will repurchase up to 120,000 shares, representing 0.95% of its issued share capital (excluding treasury stock), for a total purchase price of ¥500 million. The purpose of the program is to improve the level of shareholder returns and implement a flexible capital policy in response to changes in the business environment. The program will be valid till September 30, 2022. As of August 2, 2022, the company has 12,681,923 issued shares (excluding treasury stock) and 1,093,216 treasury shares. Reported Earnings • Jun 22
Full year 2022 earnings released: EPS: JP¥182 (vs JP¥139 in FY 2021) Full year 2022 results: EPS: JP¥182 (up from JP¥139 in FY 2021). Revenue: JP¥21.2b (down 12% from FY 2021). Net income: JP¥2.36b (up 30% from FY 2021). Profit margin: 11% (up from 7.5% in FY 2021). 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 35% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 22
Softcreate Holdings Corp. to Report Q1, 2023 Results on Aug 02, 2022 Softcreate Holdings Corp. announced that they will report Q1, 2023 results on Aug 02, 2022 Reported Earnings • May 11
Full year 2022 earnings released: EPS: JP¥182 (vs JP¥139 in FY 2021) Full year 2022 results: EPS: JP¥182 (up from JP¥139 in FY 2021). Revenue: JP¥21.2b (down 12% from FY 2021). Net income: JP¥2.36b (up 30% from FY 2021). Profit margin: 11% (up from 7.5% in FY 2021). 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 40% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 10
Softcreate Holdings Corp., Annual General Meeting, Jun 17, 2022 Softcreate Holdings Corp., Annual General Meeting, Jun 17, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Outside Director Naoki Kodama was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Buying Opportunity • Apr 12
Now 22% undervalued Over the last 90 days, the stock is up 9.9%. The fair value is estimated to be JP¥5,603, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Earnings per share has grown by 23%. Announcement • Apr 07
Softcreate Holdings Corp. to Report Fiscal Year 2022 Results on May 10, 2022 Softcreate Holdings Corp. announced that they will report fiscal year 2022 results on May 10, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 03 June 2022. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.5%). Buying Opportunity • Mar 14
Now 23% undervalued Over the last 90 days, the stock is up 2.3%. The fair value is estimated to be JP¥5,610, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% per annum over the last 3 years. Earnings per share has grown by 23% per annum over the last 3 years. Reported Earnings • Feb 02
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥47.10 (up from JP¥41.37 in 3Q 2021). Revenue: JP¥5.39b (down 10% from 3Q 2021). Net income: JP¥630.0m (up 14% from 3Q 2021). Profit margin: 12% (up from 9.2% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 09
Softcreate Holdings Corp. (TSE:3371) announces an Equity Buyback for 125,000 shares, representing 0.97% for ¥500 million. Softcreate Holdings Corp. (TSE:3371) announces a share repurchase program. Under the program, the company will repurchase up to 125,000 shares, representing 0.97% of its issued share capital (excluding treasury stock), for a total purchase price of ¥500 million. The purpose of the program is to improve the level of shareholder returns and implement a flexible capital policy in response to changes in the business environment. The program will be valid till March 11, 2022. As of January 7, 2022, the company has 12,822,711 issued shares (excluding treasury stock) and 952,428 treasury shares. Reported Earnings • Nov 04
Second quarter 2022 earnings released: EPS JP¥53.33 (vs JP¥41.76 in 2Q 2021) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥5.35b (down 7.1% from 2Q 2021). Net income: JP¥695.0m (up 29% from 2Q 2021). Profit margin: 13% (up from 9.4% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment improved over the past week After last week's 19% share price gain to JP¥3,890, the stock trades at a trailing P/E ratio of 25.9x. Average trailing P/E is 22x in the IT industry in Japan. Total returns to shareholders of 143% over the past three years. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 07 December 2021. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.0%). Lower than average of industry peers (1.2%). 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¥3,465, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 23x in the IT industry in Japan. Total returns to shareholders of 108% over the past three years. Reported Earnings • Aug 04
First quarter 2022 earnings released: EPS JP¥42.46 (vs JP¥33.90 in 1Q 2021) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2022 results: Revenue: JP¥4.93b (down 15% from 1Q 2021). Net income: JP¥564.0m (up 29% from 1Q 2021). Profit margin: 11% (up from 7.6% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 20% per year.