Declared Dividend • Mar 10
First half dividend of JP¥19.00 announced Shareholders will receive a dividend of JP¥19.00. Ex-date: 29th June 2026 Payment date: 28th September 2026 Dividend yield will be 3.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has increased by an average of 31% 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. EPS is expected to decline by 7.9% over the next 3 years. However, it would need to fall by 76% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Feb 16
Second quarter 2026 earnings released: EPS: JP¥34,716 (vs JP¥22.33 in 2Q 2025) Second quarter 2026 results: EPS: JP¥34,716. Revenue: JP¥6.51b (up 5.4% from 2Q 2025). Net income: JP¥601.0m (down 8.9% from 2Q 2025). Profit margin: 9.2% (down from 11% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the IT industry in Japan. Buy Or Sell Opportunity • Feb 06
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.5% to JP¥1,177. The fair value is estimated to be JP¥1,473, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 7.5% in the next 2 years. New Risk • Dec 28
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 93% Dividend yield: 5.6% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥37.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 09 March 2026. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%). Announcement • Dec 18
Digital Information Technologies Corporation to Report Q2, 2026 Results on Feb 13, 2026 Digital Information Technologies Corporation announced that they will report Q2, 2026 results on Feb 13, 2026 Reported Earnings • Nov 18
First quarter 2026 earnings released: EPS: JP¥31.74 (vs JP¥27.61 in 1Q 2025) First quarter 2026 results: EPS: JP¥31.74 (up from JP¥27.61 in 1Q 2025). Revenue: JP¥6.25b (up 11% from 1Q 2025). Net income: JP¥467.0m (up 13% from 1Q 2025). Profit margin: 7.5% (up from 7.3% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the IT industry in Japan. 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. Declared Dividend • Oct 06
Final dividend of JP¥37.00 announced Shareholders will receive a dividend of JP¥37.00. Ex-date: 29th December 2025 Payment date: 9th March 2026 Dividend yield will be 3.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 31% 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. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Sep 25
Digital Information Technologies Corporation to Report Q1, 2026 Results on Nov 14, 2025 Digital Information Technologies Corporation announced that they will report Q1, 2026 results on Nov 14, 2025 Reported Earnings • Aug 09
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥147 (up from JP¥113 in FY 2024). Revenue: JP¥24.2b (up 22% from FY 2024). Net income: JP¥2.18b (up 29% from FY 2024). Profit margin: 9.0% (up from 8.5% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.1%. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% 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 • Aug 08
Digital Information Technologies Corporation, Annual General Meeting, Sep 25, 2025 Digital Information Technologies Corporation, Annual General Meeting, Sep 25, 2025. Upcoming Dividend • Jun 20
Upcoming dividend of JP¥36.00 per share Eligible shareholders must have bought the stock before 27 June 2025. Payment date: 29 September 2025. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.2%). Announcement • Jun 18
Digital Information Technologies Corporation to Report Fiscal Year 2025 Results on Aug 08, 2025 Digital Information Technologies Corporation announced that they will report fiscal year 2025 results at 3:00 PM, Tokyo Standard Time on Aug 08, 2025 Reported Earnings • May 20
Third quarter 2025 earnings released: EPS: JP¥40.65 (vs JP¥28.70 in 3Q 2024) Third quarter 2025 results: EPS: JP¥40.65 (up from JP¥28.70 in 3Q 2024). Revenue: JP¥6.34b (up 23% from 3Q 2024). Net income: JP¥598.0m (up 39% from 3Q 2024). Profit margin: 9.4% (up from 8.3% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥2,100, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 17x in the IT industry in Japan. Total returns to shareholders of 85% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,068 per share. Announcement • Mar 19
Digital Information Technologies Corporation to Report Q3, 2025 Results on May 15, 2025 Digital Information Technologies Corporation announced that they will report Q3, 2025 results on May 15, 2025 Declared Dividend • Mar 08
First half dividend of JP¥36.00 announced Shareholders will receive a dividend of JP¥36.00. Ex-date: 27th June 2025 Payment date: 29th September 2025 Dividend yield will be 2.6%, 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 (41% cash payout ratio). The dividend has increased by an average of 28% 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. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to JP¥2,550, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 19x in the IT industry in Japan. Total returns to shareholders of 119% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,044 per share. New Risk • Feb 17
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 5.3% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 16
Second quarter 2025 earnings released: EPS: JP¥44.66 (vs JP¥29.84 in 2Q 2024) Second quarter 2025 results: EPS: JP¥44.66 (up from JP¥29.84 in 2Q 2024). Revenue: JP¥6.18b (up 27% from 2Q 2024). Net income: JP¥660.0m (up 48% from 2Q 2024). Profit margin: 11% (up from 9.2% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 20
Digital Information Technologies Corporation to Report Q2, 2025 Results on Feb 14, 2025 Digital Information Technologies Corporation announced that they will report Q2, 2025 results on Feb 14, 2025 Upcoming Dividend • Dec 20
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 07 March 2025. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%). Declared Dividend • Oct 10
Final dividend of JP¥30.00 announced Shareholders will receive a dividend of JP¥30.00. Ex-date: 27th December 2024 Payment date: 7th March 2025 Dividend yield will be 2.5%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (38% earnings payout ratio) and cash flows (52% cash payout ratio). The dividend has increased by an average of 32% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 32% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 03
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: JP¥113 (up from JP¥95.13 in FY 2023). Revenue: JP¥19.9b (up 9.6% from FY 2023). Net income: JP¥1.69b (up 17% from FY 2023). Profit margin: 8.5% (up from 8.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.1%. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 7% per year. Announcement • Sep 25
Digital Information Technologies Corporation to Report Q1, 2025 Results on Nov 14, 2024 Digital Information Technologies Corporation announced that they will report Q1, 2025 results on Nov 14, 2024 Reported Earnings • Aug 14
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: JP¥113 (up from JP¥95.13 in FY 2023). Revenue: JP¥19.9b (up 9.6% from FY 2023). Net income: JP¥1.69b (up 17% from FY 2023). Profit margin: 8.5% (up from 8.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.1%. Revenue is forecast to grow 9.5% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Aug 09
Digital Information Technologies Corporation, Annual General Meeting, Sep 26, 2024 Digital Information Technologies Corporation, Annual General Meeting, Sep 26, 2024. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to JP¥1,508, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 17x in the IT industry in Japan. Total loss to shareholders of 11% over the past three years. Buy Or Sell Opportunity • Jul 23
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 9.5% to JP¥1,892. The fair value is estimated to be JP¥1,575, however this is not to be taken as a sell 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 8.1%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 32% in the next 2 years. Buy Or Sell Opportunity • Jul 01
Now 18% overvalued after recent price rise Over the last 90 days, the stock has risen 5.6% to JP¥1,856. The fair value is estimated to be JP¥1,575, however this is not to be taken as a sell 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 8.1%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 32% in the next 2 years. Announcement • Jun 20
Digital Information Technologies Corporation to Report Fiscal Year 2024 Results on Aug 09, 2024 Digital Information Technologies Corporation announced that they will report fiscal year 2024 results on Aug 09, 2024 Upcoming Dividend • Jun 20
Upcoming dividend of JP¥23.00 per share Eligible shareholders must have bought the stock before 27 June 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.6%). Buy Or Sell Opportunity • Jun 19
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 3.3% to JP¥1,901. The fair value is estimated to be JP¥1,581, however this is not to be taken as a sell 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 8.1%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 32% in the next 2 years. Reported Earnings • May 21
Third quarter 2024 earnings released: EPS: JP¥28.70 (vs JP¥12.93 in 3Q 2023) Third quarter 2024 results: EPS: JP¥28.70 (up from JP¥12.93 in 3Q 2023). Revenue: JP¥5.16b (up 16% from 3Q 2023). Net income: JP¥429.0m (up 118% from 3Q 2023). Profit margin: 8.3% (up from 4.4% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • May 17
Now 21% overvalued Over the last 90 days, the stock has fallen 11% to JP¥1,672. The fair value is estimated to be JP¥1,386, however this is not to be taken as a sell 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 8.5%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 61% in the next 2 years. Buy Or Sell Opportunity • Apr 22
Now 22% overvalued The stock has been flat over the last 90 days, currently trading at JP¥1,682. The fair value is estimated to be JP¥1,382, however this is not to be taken as a sell 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 8.5%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 61% in the next 2 years. Announcement • Mar 21
Digital Information Technologies Corporation to Report Q3, 2024 Results on May 15, 2024 Digital Information Technologies Corporation announced that they will report Q3, 2024 results on May 15, 2024 Announcement • Mar 15
Digital Information Technologies Corporation Announces Dividend for the Second Quarter Ended December 31, 2023, Payable on March 7, 2024; Provides Dividend Guidance for the Fiscal Year Ending June 30, 2024 Digital Information Technologies Corporation announced dividend of JPY 23.00 per share for the second quarter ended December 31, 2023 against JPY 18.00 per share paid a year ago. Scheduled date to commence dividend payments: March 7, 2024.For the fiscal year ending June 30, 2024, the company expects to pay a dividend of JPY 23.00 per share against JPY 18.00 per share paid a year ago. Reported Earnings • Feb 19
Second quarter 2024 earnings released: EPS: JP¥29.84 (vs JP¥27.87 in 2Q 2023) Second quarter 2024 results: EPS: JP¥29.84 (up from JP¥27.87 in 2Q 2023). Revenue: JP¥4.87b (up 6.6% from 2Q 2023). Net income: JP¥446.0m (up 4.9% from 2Q 2023). Profit margin: 9.2% (down from 9.3% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 4% per year. Declared Dividend • Feb 16
Dividend of JP¥23.00 announced Shareholders will receive a dividend of JP¥23.00. Ex-date: 27th June 2024 Payment date: 30th September 2024 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 (41% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 28% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 63% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Dec 21
Digital Information Technologies Corporation to Report Q2, 2024 Results on Feb 14, 2024 Digital Information Technologies Corporation announced that they will report Q2, 2024 results on Feb 14, 2024 Upcoming Dividend • Dec 21
Upcoming dividend of JP¥23.00 per share at 2.9% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 11 March 2024. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.5%). Announcement • Dec 15
Digital Information Technologies Corporation Provides Dividend Guidance for the Second Quarter of Fiscal Year Ending June 30, 2024 and Fiscal Year Ending June 30, 2024 Digital Information Technologies Corporation provided dividend guidance for the second quarter of fiscal year ending June 30, 2024 and fiscal year ending June 30, 2024. For the second quarter of fiscal year ending June 30, 2024, the company expects to pay dividend of JPY 23.00 against JPY 18.00 a year ago.For the year ending June 30, 2024, the company expects to pay dividend of JPY 23.00 against JPY 18.00 a year ago. Reported Earnings • Nov 18
First quarter 2024 earnings released: EPS: JP¥24.40 (vs JP¥30.63 in 1Q 2023) First quarter 2024 results: EPS: JP¥24.40 (down from JP¥30.63 in 1Q 2023). Revenue: JP¥4.71b (up 4.6% from 1Q 2023). Net income: JP¥365.0m (down 22% from 1Q 2023). Profit margin: 7.8% (down from 10% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Sep 23
Digital Information Technologies Corporation to Report Q1, 2024 Results on Nov 14, 2023 Digital Information Technologies Corporation announced that they will report Q1, 2024 results on Nov 14, 2023 Reported Earnings • Aug 12
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: JP¥95.13 (up from JP¥94.37 in FY 2022). Revenue: JP¥18.1b (up 12% from FY 2022). Net income: JP¥1.45b (flat on FY 2022). Profit margin: 8.0% (down from 8.9% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.9%. Revenue is forecast to grow 7.3% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the IT industry in Japan. 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 10% per year. Announcement • Aug 12
Digital Information Technologies Corporation, Annual General Meeting, Sep 27, 2023 Digital Information Technologies Corporation, Annual General Meeting, Sep 27, 2023. Announcement • Jun 22
Digital Information Technologies Corporation to Report Fiscal Year 2023 Results on Aug 10, 2023 Digital Information Technologies Corporation announced that they will report fiscal year 2023 results on Aug 10, 2023 Upcoming Dividend • Jun 22
Upcoming dividend of JP¥18.00 per share at 2.2% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.6%). Announcement • May 16
Digital Information Technologies Corporation (TSE:3916) announces an Equity Buyback for 200,000 shares, representing 1.32% for ¥400 million. Digital Information Technologies Corporation (TSE:3916) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 1.32% of its total shares outstanding (excluding treasury shares), for a total of ¥400 million. The purpose of the program is to enable execution of a flexible capital policy in response to changes in the business environment and to enhance shareholder returns. The repurchase program is valid till July 31, 2023. As of May 15, 2023, the company has 15,148,269 shares outstanding (excluding treasury shares) and has 353,551 shares in treasury. Reported Earnings • Feb 15
Second quarter 2023 earnings released: EPS: JP¥27.87 (vs JP¥25.71 in 2Q 2022) Second quarter 2023 results: EPS: JP¥27.87 (up from JP¥25.71 in 2Q 2022). Revenue: JP¥4.56b (up 15% from 2Q 2022). Net income: JP¥425.0m (up 8.4% from 2Q 2022). Profit margin: 9.3% (in line with 2Q 2022). Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 10 March 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%). Announcement • Dec 14
Digital Information Technologies Corporation to Report Q2, 2023 Results on Feb 13, 2023 Digital Information Technologies Corporation announced that they will report Q2, 2023 results on Feb 13, 2023 Reported Earnings • Nov 16
First quarter 2023 earnings released: EPS: JP¥30.63 (vs JP¥19.28 in 1Q 2022) First quarter 2023 results: EPS: JP¥30.63 (up from JP¥19.28 in 1Q 2022). Revenue: JP¥4.50b (up 21% from 1Q 2022). Net income: JP¥467.0m (up 59% from 1Q 2022). Profit margin: 10% (up from 7.9% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the IT industry in Japan. 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 4% per year, which means it is significantly lagging earnings growth. 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 not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 5 highly experienced directors. 3 independent directors (5 non-independent directors). Outside Independent Director Katsumi Kumasaka was the last independent 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: Minority of independent directors. Insufficient board refreshment. Announcement • Sep 23
Digital Information Technologies Corporation to Report Q1, 2023 Results on Nov 14, 2022 Digital Information Technologies Corporation announced that they will report Q1, 2023 results on Nov 14, 2022 Announcement • Aug 12
Digital Information Technologies Corporation, Annual General Meeting, Sep 28, 2022 Digital Information Technologies Corporation, Annual General Meeting, Sep 28, 2022. Reported Earnings • Aug 12
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: JP¥94.37 (up from JP¥78.44 in FY 2021). Revenue: JP¥16.2b (up 12% from FY 2021). Net income: JP¥1.44b (up 20% from FY 2021). Profit margin: 8.9% (up from 8.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.5%. Over the next year, revenue is forecast to grow 7.7%, compared to a 11% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Buying Opportunity • Jul 08
Now 21% undervalued Over the last 90 days, the stock is up 10%. The fair value is estimated to be JP¥1,764, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 20% in 2 years. Earnings is forecast to grow by 42% in the next 2 years. Announcement • Jun 22
Digital Information Technologies Corporation (TSE:3916) agreed to acquire simplism inc. from Yoshiaki Nihei. Digital Information Technologies Corporation (TSE:3916) agreed to acquire simplism inc. from Yoshiaki Nihei on June 20, 2022. The number of shares transferred will be 20 shares. simplism has reported total assets of 120.508 million and Net income of 14.955 million for Fiscal year ending March 2022. The transaction is expected to close on June 30, 2022. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 29 September 2022. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%). Announcement • Jun 21
Digital Information Technologies Corporation to Report Fiscal Year 2022 Results on Aug 10, 2022 Digital Information Technologies Corporation announced that they will report fiscal year 2022 results on Aug 10, 2022 Buying Opportunity • Jun 13
Now 21% undervalued Over the last 90 days, the stock is up 15%. The fair value is estimated to be JP¥1,770, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 20% in 2 years. Earnings is forecast to grow by 42% in the next 2 years. Buying Opportunity • May 24
Now 20% undervalued Over the last 90 days, the stock is up 14%. The fair value is estimated to be JP¥1,751, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 19% in 2 years. Earnings is forecast to grow by 42% in the next 2 years. Buying Opportunity • Apr 27
Now 21% undervalued Over the last 90 days, the stock is up 3.6%. The fair value is estimated to be JP¥1,480, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 21% in 2 years. Earnings is forecast to grow by 40% in the next 2 years. Announcement • Apr 08
Digital Information Technologies Corporation to Report Q3, 2022 Results on May 13, 2022 Digital Information Technologies Corporation announced that they will report Q3, 2022 results on May 13, 2022 Buying Opportunity • Mar 08
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 18%. The fair value is estimated to be JP¥1,466, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% per annum over the last 3 years. Earnings per share has grown by 21% per annum over the last 3 years. Reported Earnings • Feb 12
Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Second quarter 2022 results: EPS: JP¥25.71 (up from JP¥22.89 in 2Q 2021). Revenue: JP¥3.97b (up 9.2% from 2Q 2021). Net income: JP¥392.0m (up 12% from 2Q 2021). Profit margin: 9.9% (in line with 2Q 2021). Revenue exceeded analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 9.9%, compared to a 7.3% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.