Announcement • Jun 24
Ubicom Holdings, Inc. Announces Management Retirements Ubicom Holdings, Inc. at its board meeting held on June 24, 2026 resolved to implement the following organizational and personnel changes. Mr. Naoki Takahashi, currently serving as an Executive Officer, will retire from his position upon the expiration of his term of office on June 30, 2026. For its Subsidiary AWS (Beijing) Ltd. (As of June 25, 2026): Naoki Takahashi, currently serving as Chairman and President, will retire from his position upon the expiration of his term of office on June 25, 2026. For its subsidiary Advanced World Systems, Inc. (As of June 30, 2026), With the aim of further expediting management decision-making by streamlining the management structures of both companies, Mr. Masayuki Aoki and Mr. Naoki Takahashi, both currently serving as Directors, will retire from their positions upon the expiration of their terms of office on June 30, 2026. Announcement • Jun 11
Ubicom Holdings, Inc. to Report Q1, 2027 Results on Aug 13, 2026 Ubicom Holdings, Inc. announced that they will report Q1, 2027 results on Aug 13, 2026 Announcement • May 15
Ubicom Holdings, Inc., Annual General Meeting, Jun 24, 2026 Ubicom Holdings, Inc., Annual General Meeting, Jun 24, 2026. Announcement • Apr 03
Ubicom Holdings, Inc. (TSE:3937) completed the acquisition of Radianceware Inc. Ubicom Holdings, Inc. (TSE:3937) agreed to acquire Radianceware Inc. on March 19, 2026. This acquisition marks the second strategic M&A initiative in medical business, following the acquisition of ISM, Inc. based in Kyushu.
For the period ending September 30, 2025, Radianceware Inc. reported total revenue of ¥884.21 million, EBIT of ¥153.93 million and net income of ¥101.97 million. As of September 30, 2025, Radianceware Inc. reported total assets of ¥977.02 million and total common equity of ¥421.94 million.
The contract is expected to be signed on March 30, 2026. The expected completion of the transaction is April 1, 2026.
Ubicom Holdings, Inc. (TSE:3937) completed the acquisition of Radianceware Inc. on April 1, 2026. Following the completion Representative Director Yoshio Nakajima stepped down from his post and assumed the role of Advisor. Buy Or Sell Opportunity • Mar 23
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to JP¥929. The fair value is estimated to be JP¥1,183, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 16% in the next 2 years. Buy Or Sell Opportunity • Mar 04
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 13% to JP¥927. The fair value is estimated to be JP¥1,185, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 9.9% in the next 2 years. Buy Or Sell Opportunity • Feb 07
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.7% to JP¥986. The fair value is estimated to be JP¥1,275, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 9.9% in the next 2 years. Reported Earnings • Nov 08
Second quarter 2026 earnings released: EPS: JP¥24.27 (vs JP¥20.17 in 2Q 2025) Second quarter 2026 results: EPS: JP¥24.27 (up from JP¥20.17 in 2Q 2025). Revenue: JP¥1.49b (down 5.1% from 2Q 2025). Net income: JP¥294.2m (up 21% from 2Q 2025). Profit margin: 20% (up from 16% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 5.1% 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 fallen by 22% per year, which means it is significantly lagging earnings. Announcement • Sep 04
Ubicom Holdings, Inc. to Report Q2, 2026 Results on Nov 06, 2025 Ubicom Holdings, Inc. announced that they will report Q2, 2026 results on Nov 06, 2025 Declared Dividend • Aug 09
Dividend of JP¥40.00 announced Shareholders will receive a dividend of JP¥40.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 3.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (52% earnings payout ratio) and cash flows (55% cash payout ratio). The dividend has increased by an average of 41% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 7.1% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: JP¥22.35 (vs JP¥16.67 in 1Q 2025) First quarter 2026 results: EPS: JP¥22.35 (up from JP¥16.67 in 1Q 2025). Revenue: JP¥1.48b (down 5.4% from 1Q 2025). Net income: JP¥271.0m (up 36% from 1Q 2025). Profit margin: 18% (up from 13% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. New Risk • Jul 17
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 0% Dividend yield: 4.0% 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. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Dividend is not well covered by cash flows (0% cash payout ratio). Market cap is less than US$100m (JP¥11.8b market cap, or US$79.4m). Announcement • Jun 29
Ubicom Holdings, Inc. to Report Q1, 2026 Results on Aug 07, 2025 Ubicom Holdings, Inc. announced that they will report Q1, 2026 results on Aug 07, 2025 Board Change • Jun 24
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Outside Director Yoshinori Hashitani was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • Jun 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 23% to JP¥1,014. The fair value is estimated to be JP¥1,280, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10.0% over the last 3 years. Earnings per share has declined by 4.5%. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings are also forecast to grow by 5.2% per annum over the same time period. Valuation Update With 7 Day Price Move • May 15
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥1,038, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 18x in the IT industry in Japan. Total loss to shareholders of 60% over the past three years. Buy Or Sell Opportunity • May 09
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 23% to JP¥1,097. The fair value is estimated to be JP¥1,405, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10.0% over the last 3 years. Earnings per share has declined by 4.5%. Revenue is forecast to grow by 39% in 2 years. Earnings are forecast to grow by 81% in the next 2 years. Reported Earnings • May 09
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: JP¥71.10 (up from JP¥44.72 in FY 2024). Revenue: JP¥6.34b (up 6.7% from FY 2024). Net income: JP¥858.0m (up 63% from FY 2024). Profit margin: 14% (up from 8.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings. Announcement • May 08
Ubicom Holdings, Inc., Annual General Meeting, Jun 26, 2025 Ubicom Holdings, Inc., Annual General Meeting, Jun 26, 2025. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to JP¥995, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 17x in the IT industry in Japan. Total loss to shareholders of 63% over the past three years. New Risk • Apr 04
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.3b (US$98.3m) 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. This is currently the only risk that has been identified for the company. New Risk • Mar 31
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. 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 (3.7%). Higher than average of industry peers (1.4%). Announcement • Feb 28
Ubicom Holdings, Inc. to Report Fiscal Year 2025 Results on May 08, 2025 Ubicom Holdings, Inc. announced that they will report fiscal year 2025 results on May 08, 2025 Buy Or Sell Opportunity • Feb 17
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 7.5% to JP¥1,447. The fair value is estimated to be JP¥1,204, 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 declined by 8.6%. Revenue is forecast to grow by 8.5% in 2 years. Earnings are forecast to grow by 96% in the next 2 years. Reported Earnings • Feb 07
Third quarter 2025 earnings released: EPS: JP¥20.72 (vs JP¥13.68 in 3Q 2024) Third quarter 2025 results: EPS: JP¥20.72 (up from JP¥13.68 in 3Q 2024). Revenue: JP¥1.60b (up 9.2% from 3Q 2024). Net income: JP¥251.0m (up 56% from 3Q 2024). Profit margin: 16% (up from 11% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.7% 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 fallen by 9% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings. Buy Or Sell Opportunity • Jan 29
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 2.2% to JP¥1,376. The fair value is estimated to be JP¥1,133, 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 declined by 11%. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 113% in the next 2 years. Buy Or Sell Opportunity • Nov 21
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 1.3% to JP¥1,397. The fair value is estimated to be JP¥1,159, 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 declined by 11%. Revenue is forecast to grow by 36% in 2 years. Earnings are forecast to grow by 121% in the next 2 years. Reported Earnings • Nov 09
Second quarter 2025 earnings released: EPS: JP¥20.17 (vs JP¥16.59 in 2Q 2024) Second quarter 2025 results: EPS: JP¥20.17 (up from JP¥16.59 in 2Q 2024). Revenue: JP¥1.57b (up 3.0% from 2Q 2024). Net income: JP¥244.0m (up 25% from 2Q 2024). Profit margin: 16% (up from 13% in 2Q 2024). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings. New Risk • Nov 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.9b (US$98.0m) 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: Minor Risks Share price has been volatile over the past 3 months (5.9% average weekly change). Shareholders have been diluted in the past year (2.9% increase in shares outstanding). Market cap is less than US$100m (JP¥14.9b market cap, or US$98.0m). Buy Or Sell Opportunity • Oct 28
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 1.4% to JP¥1,348. The fair value is estimated to be JP¥1,093, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 11%. Revenue is forecast to grow by 31% in 2 years. Earnings are forecast to grow by 128% in the next 2 years. Announcement • Oct 01
Ubicom Holdings, Inc. to Report Q3, 2025 Results on Feb 06, 2025 Ubicom Holdings, Inc. announced that they will report Q3, 2025 results on Feb 06, 2025 Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,390, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 18x in the IT industry in Japan. Total loss to shareholders of 52% over the past three years. Buy Or Sell Opportunity • Aug 22
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 19% to JP¥1,390. The fair value is estimated to be JP¥1,102, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 11%. Revenue is forecast to grow by 31% in 2 years. Earnings are forecast to grow by 85% in the next 2 years. Reported Earnings • Aug 09
First quarter 2025 earnings released: EPS: JP¥16.67 (vs JP¥8.94 in 1Q 2024) First quarter 2025 results: EPS: JP¥16.67 (up from JP¥8.94 in 1Q 2024). Revenue: JP¥1.57b (up 12% from 1Q 2024). Net income: JP¥199.0m (up 90% from 1Q 2024). Profit margin: 13% (up from 7.5% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 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 fallen by 11% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. Announcement • Aug 06
Ubicom Holdings, Inc. to Report Q2, 2025 Results on Nov 07, 2024 Ubicom Holdings, Inc. announced that they will report Q2, 2025 results on Nov 07, 2024 New Risk • Aug 05
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 7.8% 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 Risk Share price has been highly volatile over the past 3 months (7.8% average weekly change). Minor Risks Shareholders have been diluted in the past year (2.9% increase in shares outstanding). Market cap is less than US$100m (JP¥12.2b market cap, or US$85.5m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to JP¥1,007, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 17x in the IT industry in Japan. Total loss to shareholders of 67% over the past three years. Announcement • Jun 30
Ubicom Holdings, Inc. to Report Q1, 2025 Results on Aug 08, 2024 Ubicom Holdings, Inc. announced that they will report Q1, 2025 results on Aug 08, 2024 New Risk • Jun 23
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Shareholders have been diluted in the past year (2.9% increase in shares outstanding). Market cap is less than US$100m (JP¥15.6b market cap, or US$97.9m). Reported Earnings • May 11
Full year 2024 earnings released: EPS: JP¥44.72 (vs JP¥48.61 in FY 2023) Full year 2024 results: EPS: JP¥44.72 (down from JP¥48.61 in FY 2023). Revenue: JP¥5.94b (up 13% from FY 2023). Net income: JP¥526.0m (down 8.2% from FY 2023). Profit margin: 8.9% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. Announcement • May 11
Ubicom Holdings, Inc., Annual General Meeting, Jun 26, 2024 Ubicom Holdings, Inc., Annual General Meeting, Jun 26, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥11.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (1.4%). Announcement • Mar 07
Ubicom Holdings, Inc. to Report Fiscal Year 2024 Results on May 09, 2024 Ubicom Holdings, Inc. announced that they will report fiscal year 2024 results on May 09, 2024 New Risk • Mar 04
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.7b (US$97.9m) 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: Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (JP¥14.7b market cap, or US$97.9m). Declared Dividend • Mar 02
Dividend of JP¥11.00 announced Shareholders will receive a dividend of JP¥11.00. Ex-date: 28th March 2024 Payment date: 28th June 2024 Dividend yield will be 0.8%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 21%. Cash payout ratio: 18%. Buy Or Sell Opportunity • Feb 19
Now 25% overvalued Over the last 90 days, the stock has fallen 21% to JP¥1,428. The fair value is estimated to be JP¥1,146, 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 declined by 5.6%. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥1,316, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 58% over the past three years. Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: JP¥13.68 (vs JP¥6.44 in 3Q 2023) Third quarter 2024 results: EPS: JP¥13.68 (up from JP¥6.44 in 3Q 2023). Revenue: JP¥1.47b (up 12% from 3Q 2023). Net income: JP¥161.0m (up 112% from 3Q 2023). Profit margin: 11% (up from 5.8% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Announcement • Dec 28
Ubicom Holdings, Inc. to Report Q3, 2024 Results on Feb 08, 2024 Ubicom Holdings, Inc. announced that they will report Q3, 2024 results on Feb 08, 2024 Reported Earnings • Nov 10
Second quarter 2024 earnings released: EPS: JP¥16.59 (vs JP¥12.29 in 2Q 2023) Second quarter 2024 results: EPS: JP¥16.59 (up from JP¥12.29 in 2Q 2023). Revenue: JP¥1.53b (up 18% from 2Q 2023). Net income: JP¥195.0m (up 35% from 2Q 2023). Profit margin: 13% (up from 11% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to JP¥1,575, the stock trades at a trailing P/E ratio of 38.1x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 50% over the past three years. New Risk • Oct 18
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: Minor Risks Share price has been volatile over the past 3 months (5.6% average weekly change). Profit margins are more than 30% lower than last year (9.1% net profit margin). Market cap is less than US$100m (JP¥12.4b market cap, or US$82.5m). New Risk • Oct 10
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.5b (US$97.4m) 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: Minor Risks Profit margins are more than 30% lower than last year (9.1% net profit margin). Market cap is less than US$100m (JP¥14.5b market cap, or US$97.4m). Announcement • Oct 07
Ubicom Holdings,Inc. to Report Q2, 2024 Results on Nov 09, 2023 Ubicom Holdings,Inc. announced that they will report Q2, 2024 results on Nov 09, 2023 Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: JP¥8.94 (vs JP¥16.28 in 1Q 2023) First quarter 2024 results: EPS: JP¥8.94 (down from JP¥16.28 in 1Q 2023). Revenue: JP¥1.40b (up 7.0% from 1Q 2023). Net income: JP¥105.0m (down 45% from 1Q 2023). Profit margin: 7.5% (down from 15% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 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 4% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Jun 28
Ubicom Holdings, Inc. to Report Q1, 2024 Results on Aug 10, 2023 Ubicom Holdings, Inc. announced that they will report Q1, 2024 results on Aug 10, 2023 Valuation Update With 7 Day Price Move • May 18
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to JP¥1,873, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 18x in the IT industry in Japan. Total returns to shareholders of 37% over the past three years. Reported Earnings • May 14
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: JP¥48.61 (down from JP¥70.37 in FY 2022). Revenue: JP¥5.25b (up 11% from FY 2022). Net income: JP¥573.0m (down 31% from FY 2022). Profit margin: 11% (down from 18% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) also missed analyst estimates by 18%. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% 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 • May 12
Ubicom Holdings, Inc., Annual General Meeting, Jun 27, 2023 Ubicom Holdings, Inc., Annual General Meeting, Jun 27, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥11.00 per share at 0.5% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 26 June 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.7%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥6.44 (vs JP¥14.45 in 3Q 2022) Third quarter 2023 results: EPS: JP¥6.44 (down from JP¥14.45 in 3Q 2022). Revenue: JP¥1.31b (up 11% from 3Q 2022). Net income: JP¥76.0m (down 56% from 3Q 2022). Profit margin: 5.8% (down from 14% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% 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 18% 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 10
Ubicom Holdings, Inc. Provides Consolidated Earnings Forecast for the Fiscal Year Ending March 31, 2023 Ubicom Holdings, Inc. provided consolidated earnings forecast for the fiscal year ending March 31, 2023. For the year, the company expected net sales to be JPY 5,446 million; Operating profit to be JPY 1,254 million; Profit attributable to owners of parent to be JPY 925 million; and Basic earnings per share to be JPY 78.52. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥1,912, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 19x in the IT industry in Japan. Total returns to shareholders of 28% over the past three years. Announcement • Dec 26
Ubicom Holdings, Inc. to Report Q3, 2023 Results on Feb 09, 2023 Ubicom Holdings, Inc. announced that they will report Q3, 2023 results on Feb 09, 2023 Announcement • Dec 16
Ubicom Holdings, Inc. (TSE:3937) announces an Equity Buyback for 80,000 shares, representing 0.68% for ¥216 million. Ubicom Holdings, Inc. (TSE:3937) announces a share repurchase program. Under the program, the company will repurchase up to 80,000 shares, representing 0.68% of its issued share capital (excluding treasury stock), for ¥216 million. The purpose of the program is improving capital efficiency and agile capital as an incentive for Group employees and for future use as M&A funds and further return of profits to shareholders. The program will run until February 28, 2023. As of September 30, 2022, the company had 11,809,880 shares in issue (excluding treasury stock) and 46,600 shares in treasury. Board Change • Nov 16
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. 3 non-independent directors. Independent Outside Director Yoshinori Hashitani was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 12
Ubicom Holdings, Inc. Provides Consolidated Earnings Forecast for the Fiscal Year Ending March 31, 2023 Ubicom Holdings, Inc. provided consolidated earnings forecast for the fiscal year ending March 31, 2023. For the year, the company expected net sales to be JPY 5,446 million; Operating profit to be JPY 1,254 million; Profit attributable to owners of parent to be JPY 925 million; and Basic earnings per share to be JPY 78.41. Reported Earnings • Nov 12
Second quarter 2023 earnings released: EPS: JP¥12.29 (vs JP¥15.81 in 2Q 2022) Second quarter 2023 results: EPS: JP¥12.29 (down from JP¥15.81 in 2Q 2022). Revenue: JP¥1.29b (up 12% from 2Q 2022). Net income: JP¥145.0m (down 23% from 2Q 2022). Profit margin: 11% (down from 16% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 20% per year. Announcement • Sep 03
Ubicom Holdings, Inc. to Report Q2, 2023 Results on Nov 10, 2022 Ubicom Holdings, Inc. announced that they will report Q2, 2023 results on Nov 10, 2022 Announcement • Aug 12
Ubicom Holdings, Inc. Announces Consolidated Earnings Forecast for the Fiscal Year Ending March 31, 2023 Ubicom Holdings, Inc. announced consolidated earnings forecast for the fiscal year ending March 31, 2023. For the year the company expects the Net sales of JPY 5,446 million. Operating profit of JPY 1,254 million. Profit attributable to owners of parent of JPY 925 million. Basic earnings per share of JPY 78.52. Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: JP¥16.28 (vs JP¥13.81 in 1Q 2022) First quarter 2023 results: EPS: JP¥16.28 (up from JP¥13.81 in 1Q 2022). Revenue: JP¥1.31b (up 18% from 1Q 2022). Net income: JP¥192.0m (up 18% from 1Q 2022). Profit margin: 15% (in line with 1Q 2022). Over the next year, revenue is forecast to grow 16%, compared to a 11% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Jul 09
Ubicom Holdings, Inc. to Report Q1, 2023 Results on Aug 10, 2022 Ubicom Holdings, Inc. announced that they will report Q1, 2023 results on Aug 10, 2022 Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment deteriorated over the past week After last week's 17% share price decline to JP¥2,241, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 19x in the IT industry in Japan. Total returns to shareholders of 34% over the past three years. Reported Earnings • May 15
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: JP¥70.37 (up from JP¥53.19 in FY 2021). Revenue: JP¥4.73b (up 13% from FY 2021). Net income: JP¥832.0m (up 34% from FY 2021). Profit margin: 18% (up from 15% 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 8.1%. Over the next year, revenue is forecast to grow 16%, compared to a 8.2% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 21% per year. Board Change • Apr 27
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Executive VP, COO & Director Akira Konishi is the most experienced director on the board, commencing their role in 2005. Independent Outside Director Yoshinori Hashitani 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. Lack of experienced directors. Announcement • Apr 08
Ubicom Holdings, Inc. to Report Fiscal Year 2022 Results on May 12, 2022 Ubicom Holdings, Inc. announced that they will report fiscal year 2022 results on May 12, 2022