Announcement • Jun 30
Pegasus Tech Ventures and Asteria Corporation Launch Corporate Venture Capital Fund Pegasus Tech Ventures, a Silicon Valley-based global venture capital firm and provider of Venture Capital-as-a-Service solutions, announced the launch of a corporate Venture Capital fund in partnership with Asteria Corporation, a Tokyo-based software company enabling seamless connectivity between systems, people, and data. The initiative marks Asteria’s first corporate Venture Capital fund and is designed to accelerate collaboration with startups developing next-generation technologies aligned with Asteria’s long-term strategy. Pegasus Tech Ventures will serve as the General Partner of the fund, and Asteria Corporation will participate as the sole Limited Partner. The fund will invest in innovative startups developing technologies across artificial intelligence, automation, edge computing, and intelligent data infrastructure. Asteria has already been a Limited Partner in other Pegasus Tech Ventures-managed funds that have invested into companies including SpaceX. Through this dedicated partnership, Pegasus Tech Ventures will leverage its global venture platform and Silicon Valley ecosystem to provide Asteria with emerging startups and breakthrough technologies. The collaboration is intended to strengthen Asteria’s open innovation strategy and support the company’s continued efforts to help organizations integrate systems, applications, and data across increasingly complex digital environments. New Risk • Jun 23
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 76% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 13% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Announcement • Jun 17
Asteria Corporation to Report Q1, 2027 Results on Aug 14, 2026 Asteria Corporation announced that they will report Q1, 2027 results on Aug 14, 2026 Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to JP¥1,675, the stock trades at a trailing P/E ratio of 34.6x. Average trailing P/E is 17x in the Software industry in Japan. Total returns to shareholders of 125% over the past three years. Valuation Update With 7 Day Price Move • May 25
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to JP¥2,290, the stock trades at a trailing P/E ratio of 47.4x. Average trailing P/E is 17x in the Software industry in Japan. Total returns to shareholders of 257% over the past three years. Reported Earnings • May 18
Full year 2026 earnings released: EPS: JP¥48.10 (vs JP¥34.99 in FY 2025) Full year 2026 results: EPS: JP¥48.10 (up from JP¥34.99 in FY 2025). Revenue: JP¥3.39b (up 6.8% from FY 2025). Net income: JP¥798.0m (up 36% from FY 2025). Profit margin: 24% (up from 19% in FY 2025). Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Announcement • May 14
Asteria Corporation, Annual General Meeting, Jun 27, 2026 Asteria Corporation, Annual General Meeting, Jun 27, 2026. Announcement • Apr 02
Asteria Corporation to Report Fiscal Year 2026 Results on May 14, 2026 Asteria Corporation announced that they will report fiscal year 2026 results at 12:00 PM, Tokyo Standard Time on May 14, 2026 Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥1,519, the stock trades at a trailing P/E ratio of 22.9x. Average trailing P/E is 17x in the Software industry in Japan. Total returns to shareholders of 90% over the past three years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥9.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.3%). Reported Earnings • Feb 15
Third quarter 2026 earnings released: EPS: JP¥19.39 (vs JP¥21.15 in 3Q 2025) Third quarter 2026 results: EPS: JP¥19.39 (down from JP¥21.15 in 3Q 2025). Revenue: JP¥854.0m (up 8.3% from 3Q 2025). Net income: JP¥318.0m (down 11% from 3Q 2025). Profit margin: 37% (down from 45% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • Feb 04
Asteria Corporation announced that it has received ¥499.928 million in funding from JPYC Co., Ltd. On February 3, 2026, Asteria Corporation closed the transaction. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥1,248, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 19x in the Software industry in Japan. Total returns to shareholders of 72% over the past three years. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improves as stock rises 37% After last week's 37% share price gain to JP¥1,332, the stock trades at a trailing P/E ratio of 19.2x. Average trailing P/E is 20x in the Software industry in Japan. Total returns to shareholders of 77% over the past three years. New Risk • Dec 24
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.5b (US$99.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 18% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥15.5b market cap, or US$99.5m). Announcement • Nov 29
Asteria Corporation to Report Q3, 2026 Results on Feb 13, 2026 Asteria Corporation announced that they will report Q3, 2026 results on Feb 13, 2026 Declared Dividend • Nov 10
Dividend of JP¥8.50 announced Shareholders will receive a dividend of JP¥8.50. Ex-date: 30th March 2026 Payment date: 23rd June 2026 Dividend yield will be 0.6%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 12%. Cash payout ratio: 24%. Reported Earnings • Nov 08
Second quarter 2026 earnings released: EPS: JP¥11.25 (vs JP¥1.20 loss in 2Q 2025) Second quarter 2026 results: EPS: JP¥11.25 (up from JP¥1.20 loss in 2Q 2025). Revenue: JP¥837.4m (up 2.3% from 2Q 2025). Net income: JP¥184.0m (up JP¥204.1m from 2Q 2025). Profit margin: 22% (up from net loss in 2Q 2025). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 22
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥1,561, the stock trades at a trailing P/E ratio of 27.5x. Average trailing P/E is 21x in the Software industry in Japan. Total returns to shareholders of 91% over the past three years. Valuation Update With 7 Day Price Move • Oct 04
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥1,411, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 21x in the Software industry in Japan. Total returns to shareholders of 73% over the past three years. Announcement • Sep 27
Asteria Corporation to Report Q2, 2026 Results on Nov 07, 2025 Asteria Corporation announced that they will report Q2, 2026 results on Nov 07, 2025 Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥1,749, the stock trades at a trailing P/E ratio of 30.8x. Average trailing P/E is 22x in the Software industry in Japan. Total returns to shareholders of 124% over the past three years. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment deteriorates as stock falls 37% After last week's 37% share price decline to JP¥1,425, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 22x in the Software industry in Japan. Total returns to shareholders of 82% over the past three years. New Risk • Aug 19
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.0% average weekly change). Earnings have declined by 22% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥14.6b market cap, or US$99.0m). Buy Or Sell Opportunity • Aug 15
Now 20% undervalued Over the last 90 days, the stock has risen 27% to JP¥648. The fair value is estimated to be JP¥811, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Jun 25
Full year 2025 earnings released: EPS: JP¥34.99 (vs JP¥104 loss in FY 2024) Full year 2025 results: EPS: JP¥34.99 (up from JP¥104 loss in FY 2024). Revenue: JP¥3.17b (up 9.0% from FY 2024). Net income: JP¥588.0m (up JP¥2.33b from FY 2024). Profit margin: 19% (up from net loss in FY 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Announcement • Jun 20
Asteria Corporation to Report Q1, 2026 Results on Aug 13, 2025 Asteria Corporation announced that they will report Q1, 2026 results on Aug 13, 2025 Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥665, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 21x in the Software industry in Japan. Total loss to shareholders of 29% over the past three years. Announcement • Jun 13
Asteria Corporation (TSE:3853) announces an Equity Buyback for 550,000 shares, representing 3.27% for ¥300 million. Asteria Corporation (TSE:3853) announces a share repurchase program. Under the program, the company will repurchase up to 550,000 shares, representing 3.27% for ¥300 million. The company will repurchase its shares in order to improve capital efficiency, and as part of its flexible capital policy in response to changes in the business environment. The repurchase program will expire on August 15, 2025. As of June 13, 2025, the company had 16,807,344 shares outstanding (excluding treasury shares) and 683,921 shares in treasury. Reported Earnings • May 19
Full year 2025 earnings released: EPS: JP¥34.99 (vs JP¥104 loss in FY 2024) Full year 2025 results: EPS: JP¥34.99 (up from JP¥104 loss in FY 2024). Revenue: JP¥3.17b (up 9.0% from FY 2024). Net income: JP¥588.0m (up JP¥2.33b from FY 2024). Profit margin: 19% (up from net loss in FY 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Announcement • May 14
Asteria Corporation, Annual General Meeting, Jun 21, 2025 Asteria Corporation, Annual General Meeting, Jun 21, 2025. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to JP¥398, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 18x in the Software industry in Japan. Total loss to shareholders of 60% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥7.50 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 09 June 2025. Payout ratio is a comfortable 7.7% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.6%). Announcement • Mar 20
Asteria Corporation to Report Fiscal Year 2025 Results on May 14, 2025 Asteria Corporation announced that they will report fiscal year 2025 results on May 14, 2025 Reported Earnings • Feb 16
Third quarter 2025 earnings released: EPS: JP¥21.06 (vs JP¥15.90 loss in 3Q 2024) Third quarter 2025 results: EPS: JP¥21.06 (up from JP¥15.90 loss in 3Q 2024). Revenue: JP¥789.0m (down 29% from 3Q 2024). Net income: JP¥354.0m (up JP¥621.0m from 3Q 2024). Profit margin: 45% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Jan 08
Asteria Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2025 Asteria Corporation revised consolidated earnings guidance for the fiscal year ending March 31, 2025. For the period, the company expects its revenue to be JPY 3,200 million against JPY 3,200 million expected earlier; operating profit to be JPY 600 million against JPY 400 million to JPY 550 million expected earlier; and Net Profit Attributable to Parent Owners to be JPY 300 million. The company has raised its operating profit forecast and disclosed its net profit (attributable to parent owners) forecast due to software business profit expectations outperforming the original plan, and an increase in valuation gains on SpaceX investment securities. Announcement • Jan 03
Asteria Corporation to Report Q3, 2025 Results on Feb 14, 2025 Asteria Corporation announced that they will report Q3, 2025 results on Feb 14, 2025 New Risk • Dec 16
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 Risks Share price has been volatile over the past 3 months (5.6% average weekly change). Market cap is less than US$100m (JP¥8.45b market cap, or US$55.0m). Announcement • Nov 27
Asteria Corporation Announces Launch of Japanese Version of No-Code Integrated AI/IoT Platform Asteria AIoT Suite Asteria Corporation and Tapway announced the launch of the Japanese version of "Asteria AIoT Suite" (hereinafter "AIoT Suite"), a one-stop, no-code AI/IoT platform for data collection, integration, management and utilization. The platform is now available starting November 27, 2024. "AIoT Suite" is a no-code integrated AI/IoT platform that provides a one-stop solution for building AI inference models, data collection, integration, management, linking with other systems and operating a variety of devices including IoT. With "AI/IoT Suite", the development of in-house AI inference models and system integration, which previously had to be outsourced at great expense to external companies with advanced programming skills, can now be achieved without coding. Furthermore, the "AIoT Suite" enables no-code automation of analog tasks that require manual or visual inspection with IoT sensors and AI cameras, information processing by generative AI, and operation of lights and other control devices. This will empower organizations to automate a wide variety of tasks, thus helping to alleviate labor shortages and improve operational efficiency. AIoT Suite Features Fully no-code AI solutions tailored to fit company needs regardless of programming expertise Develop custom AI inference models and collect, manage and utilize data without coding Combines AI and IoT to automate business processes with visual information and sensor data Edge processing without cloud access improves processing speed and ensures confidentiality The English version, released earlier and already available, has been adopted by Jebco, a Malaysian rubber products manufacturer for quality control on its production lines. Asteria and Tapway will primarily focus on the manufacturing industry for the domestic and international expansion of "AIoT Suite" with the goal of achieving sales of JPY 100 million within 2 years. Pricing Plan AIoT Suite SamurAI Copilot Monthly subscription per 1 camera: Edge service for execution of built AI inference; Price JPY 16,500/month. AIoT Suite SamurAI Central Monthly subscription AI inference development costs (JPY 1,100 per hour) charged separately: Cloud service for AI inference model building; Price JPY 110,000/month. Reported Earnings • Nov 09
Second quarter 2025 earnings released: JP¥1.20 loss per share (vs JP¥38.34 loss in 2Q 2024) Second quarter 2025 results: JP¥1.20 loss per share (improved from JP¥38.34 loss in 2Q 2024). Revenue: JP¥818.4m (down 24% from 2Q 2024). Net loss: JP¥20.1m (loss narrowed 97% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Oct 02
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.3% to JP¥534. The fair value is estimated to be JP¥669, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years. Meanwhile, the company became loss making. Announcement • Sep 26
Asteria Corporation to Report Q2, 2025 Results on Nov 07, 2024 Asteria Corporation announced that they will report Q2, 2025 results on Nov 07, 2024 Buy Or Sell Opportunity • Sep 09
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at JP¥534. The fair value is estimated to be JP¥671, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Aug 14
First quarter 2025 earnings released: JP¥6.24 loss per share (vs JP¥80.50 loss in 1Q 2024) First quarter 2025 results: JP¥6.24 loss per share (improved from JP¥80.50 loss in 1Q 2024). Revenue: JP¥726.6m (down 22% from 1Q 2024). Net loss: JP¥104.9m (loss narrowed 92% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. New Risk • Aug 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 33% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.6% average weekly change). Market cap is less than US$100m (JP¥8.19b market cap, or US$55.0m). Reported Earnings • Jun 28
Full year 2024 earnings released: JP¥104 loss per share (vs JP¥100 loss in FY 2023) Full year 2024 results: JP¥104 loss per share (further deteriorated from JP¥100 loss in FY 2023). Revenue: JP¥2.91b (down 14% from FY 2023). Net loss: JP¥1.74b (loss widened 3.5% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Announcement • Jun 28
Asteria Corporation to Report Q1, 2025 Results on Aug 09, 2024 Asteria Corporation announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • May 18
Full year 2024 earnings released: JP¥104 loss per share (vs JP¥100 loss in FY 2023) Full year 2024 results: JP¥104 loss per share (further deteriorated from JP¥100 loss in FY 2023). Revenue: JP¥2.91b (down 14% from FY 2023). Net loss: JP¥1.74b (loss widened 3.5% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Announcement • May 16
Asteria Corporation, Annual General Meeting, Jun 22, 2024 Asteria Corporation, Annual General Meeting, Jun 22, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥4.50 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (1.3%). Announcement • Mar 13
Asteria Corporation to Report Fiscal Year 2024 Results on May 14, 2024 Asteria Corporation announced that they will report fiscal year 2024 results on May 14, 2024 Declared Dividend • Mar 02
Dividend of JP¥4.50 announced Shareholders will receive a dividend of JP¥4.50. Ex-date: 28th March 2024 Payment date: 10th June 2024 Dividend yield will be 1.0%, which is lower than the industry average of 1.4%. Reported Earnings • Feb 11
Third quarter 2024 earnings released: JP¥15.96 loss per share (vs JP¥144 loss in 3Q 2023) Third quarter 2024 results: JP¥15.96 loss per share (improved from JP¥144 loss in 3Q 2023). Revenue: JP¥1.11b (up 33% from 3Q 2023). Net loss: JP¥268.0m (loss narrowed 89% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. New Risk • Feb 06
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 6.1% 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: Major Risk Earnings have declined by 14% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (JP¥11.1b market cap, or US$74.4m). Announcement • Nov 30
Asteria Corporation to Report Q3, 2024 Results on Feb 09, 2024 Asteria Corporation announced that they will report Q3, 2024 results on Feb 09, 2024 New Risk • Nov 20
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 5.4% 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: Major Risk Earnings have declined by 14% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.4% average weekly change). Market cap is less than US$100m (JP¥12.0b market cap, or US$80.8m). Announcement • Nov 11
Asteria Corporation Decides Commemorative Dividend Asteria Corporation celebrated its 25th anniversary of its foundation in September 2023. In view of this milestone, to express its gratitude to all shareholders for their unwavering support, the company has decided to pay JPY 2.00 per share as a commemorative dividend, the same as the latest interim dividend forecast. Announcement • Nov 10
Asteria Corporation Announces Interim Dividends, Effective December 1, 2023 Asteria Corporation announced that a meeting of the board of directors held on November 10, 2023 passed a resolution to pay interim dividends of retained earnings with the record date of September 30, 2023. Dividend per share is JPY 2.00. Total amount of dividends is JPY 33,614,688. Effective date is December 1, 2023. Announcement • Sep 28
Asteria Corporation to Report Q2, 2024 Results on Nov 10, 2023 Asteria Corporation announced that they will report Q2, 2024 results on Nov 10, 2023 Reported Earnings • Aug 10
First quarter 2024 earnings released: JP¥80.50 loss per share (vs JP¥13.70 profit in 1Q 2023) First quarter 2024 results: JP¥80.50 loss per share (down from JP¥13.70 profit in 1Q 2023). Revenue: JP¥929.0m (up 16% from 1Q 2023). Net loss: JP¥1.35b (down JP¥1.58b from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Jul 12
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Announcement • Jun 03
Asteria Corporation to Report Q1, 2024 Results on Aug 09, 2023 Asteria Corporation announced that they will report Q1, 2024 results on Aug 09, 2023 Reported Earnings • May 18
Full year 2023 earnings released: JP¥100 loss per share (vs JP¥152 profit in FY 2022) Full year 2023 results: JP¥100 loss per share (down from JP¥152 profit in FY 2022). Revenue: JP¥3.38b (up 14% from FY 2022). Net loss: JP¥1.68b (down 167% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • May 17
Asteria Corporation Announces Dividend for the Year Ended March 31, 2023, Payable on June 9, 2023 Asteria Corporation announced dividend for the year ended March 31, 2023. For the year, the company announced dividend of JPY 4.50 per share against previous dividend of JPY 4.50 paid a year ago. Payable on June 9, 2023. Announcement • May 16
Asteria Corporation, Annual General Meeting, Jun 24, 2023 Asteria Corporation, Annual General Meeting, Jun 24, 2023. Reported Earnings • Feb 12
Third quarter 2023 earnings released: JP¥144 loss per share (vs JP¥7.35 profit in 3Q 2022) Third quarter 2023 results: JP¥144 loss per share (down from JP¥7.35 profit in 3Q 2022). Revenue: JP¥837.0m (up 10% from 3Q 2022). Net loss: JP¥2.41b (down JP¥2.53b from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Feb 11
Asteria Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023 Asteria Corporation provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expects revenue of JPY 3,700 million, operating profit of JPY 1,400 million, net profit attributable to owners of parent of JPY 800 million and basic earnings per share of JPY 47.64. Announcement • Dec 02
Asteria Corporation to Report Q3, 2023 Results on Feb 10, 2023 Asteria Corporation announced that they will report Q3, 2023 results on Feb 10, 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. 6 experienced directors. 3 highly experienced directors. 1 independent director (4 non-independent directors). Independent Part-Time External Director Hirofumi Gomi was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Nov 12
Asteria Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023 Asteria Corporation provided consolidated earnings guidance for the year ending March 31, 2023. For the year, the company expected Revenue to be JPY 3,700 Million; Operating profit to be JPY 1,400 Million to JPY 5,100 Million; Profit attributable to owners of the parent to be JPY 800 Million to JPY 3,200 Million and Basic earnings per share to be JPY 47.64 to JPY 190.56. Reported Earnings • Nov 12
Second quarter 2023 earnings released: EPS: JP¥186 (vs JP¥29.21 in 2Q 2022) Second quarter 2023 results: EPS: JP¥186 (up from JP¥29.21 in 2Q 2022). Revenue: JP¥908.0m (up 32% from 2Q 2022). Net income: JP¥3.12b (up JP¥2.64b from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Sep 04
Asteria Corporation to Report Q2, 2023 Results on Nov 10, 2022 Asteria Corporation announced that they will report Q2, 2023 results on Nov 10, 2022 Reported Earnings • Aug 14
First quarter 2023 earnings released: EPS: JP¥13.70 (vs JP¥4.68 in 1Q 2022) First quarter 2023 results: EPS: JP¥13.70 (up from JP¥4.68 in 1Q 2022). Revenue: JP¥802.0m (up 18% from 1Q 2022). Net income: JP¥230.0m (up 199% from 1Q 2022). Profit margin: 29% (up from 11% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Aug 12
Asteria Corporation Provides Earnings Guidance for the Year Ending March 31, 2023 Asteria Corporation provided earnings guidance for the year ending March 31, 2023. For the year, the company expected Revenue to be JPY 3,700 Million; Operating income to be JPY 1,400 Million to JPY 5,100 Million; Net income attributable to owners of the parent to be JPY 800 Million to JPY 3,200 Million and Basic earnings per share to be JPY 47.64 to JPY 190.56. Valuation Update With 7 Day Price Move • Jul 04
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥896, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 23x in the Software industry in Japan. Total loss to shareholders of 13% over the past three years. Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improved over the past week After last week's 26% share price gain to JP¥1,241, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 24x in the Software industry in Japan. Total returns to shareholders of 26% over the past three years. Announcement • Jun 01
Asteria Corporation to Report Q1, 2023 Results on Aug 12, 2022 Asteria Corporation announced that they will report Q1, 2023 results on Aug 12, 2022 Valuation Update With 7 Day Price Move • May 19
Investor sentiment improved over the past week After last week's 22% share price gain to JP¥995, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 21x in the Software industry in Japan. Negligible returns to shareholders over past three years.