Reported Earnings • Apr 16
First quarter 2026 earnings released: EPS: JP¥17.03 (vs JP¥28.69 in 1Q 2025) First quarter 2026 results: EPS: JP¥17.03 (down from JP¥28.69 in 1Q 2025). Revenue: JP¥1.23b (down 8.4% from 1Q 2025). Net income: JP¥34.0m (down 40% from 1Q 2025). Profit margin: 2.8% (down from 4.3% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Apr 07
MIT Holdings Co., Ltd. to Report Q1, 2026 Results on Apr 14, 2026 MIT Holdings Co., Ltd. announced that they will report Q1, 2026 results on Apr 14, 2026 Reported Earnings • Jan 15
Full year 2025 earnings released: EPS: JP¥47.25 (vs JP¥62.61 in FY 2024) Full year 2025 results: EPS: JP¥47.25 (down from JP¥62.61 in FY 2024). Revenue: JP¥5.12b (down 2.3% from FY 2024). Net income: JP¥94.0m (down 24% from FY 2024). Profit margin: 1.8% (down from 2.4% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Jan 14
MIT Holdings Co., Ltd., Annual General Meeting, Feb 26, 2026 MIT Holdings Co., Ltd., Annual General Meeting, Feb 26, 2026. Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥1,022, the stock trades at a trailing P/E ratio of 13.7x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 63% over the past three years. Announcement • Nov 27
MIT Holdings Co., Ltd. to Report Fiscal Year 2025 Results on Jan 14, 2026 MIT Holdings Co., Ltd. announced that they will report fiscal year 2025 results on Jan 14, 2026 Upcoming Dividend • Nov 20
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 27 November 2025. Payment date: 02 March 2026. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.2%). Reported Earnings • Oct 17
Third quarter 2025 earnings released: EPS: JP¥20.11 (vs JP¥17.67 in 3Q 2024) Third quarter 2025 results: EPS: JP¥20.11 (up from JP¥17.67 in 3Q 2024). Revenue: JP¥1.26b (down 5.0% from 3Q 2024). Net income: JP¥40.0m (up 14% from 3Q 2024). Profit margin: 3.2% (up from 2.6% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥1,144, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 54% over the past three years. New Risk • Aug 28
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 5.0% 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 (5.0% average weekly change). Market cap is less than US$100m (JP¥2.01b market cap, or US$13.7m). Announcement • Aug 01
MIT Holdings Co., Ltd. to Report Q3, 2025 Results on Oct 15, 2025 MIT Holdings Co., Ltd. announced that they will report Q3, 2025 results on Oct 15, 2025 Reported Earnings • Jul 17
Second quarter 2025 earnings released Second quarter 2025 results: Net income: (down JP¥30.0m from profit in 2Q 2024). Announcement • May 10
MIT Holdings Co., Ltd. to Report Q2, 2025 Results on Jul 15, 2025 MIT Holdings Co., Ltd. announced that they will report Q2, 2025 results on Jul 15, 2025 New Risk • Apr 15
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 45% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (45% net debt to equity). Market cap is less than US$100m (JP¥1.53b market cap, or US$10.7m). Reported Earnings • Mar 04
Full year 2024 earnings released: EPS: JP¥62.61 (vs JP¥23.75 in FY 2023) Full year 2024 results: EPS: JP¥62.61 (up from JP¥23.75 in FY 2023). Revenue: JP¥5.24b (up 9.5% from FY 2023). Net income: JP¥124.0m (up 164% from FY 2023). Profit margin: 2.4% (up from 1.0% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Feb 11
MIT Holdings Co., Ltd. to Report Q1, 2025 Results on Apr 14, 2025 MIT Holdings Co., Ltd. announced that they will report Q1, 2025 results on Apr 14, 2025 Reported Earnings • Jan 15
Full year 2024 earnings released: EPS: JP¥62.61 (vs JP¥23.75 in FY 2023) Full year 2024 results: EPS: JP¥62.61 (up from JP¥23.75 in FY 2023). Revenue: JP¥5.24b (up 9.5% from FY 2023). Net income: JP¥124.0m (up 164% from FY 2023). Profit margin: 2.4% (up from 1.0% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Jan 14
MIT Holdings Co., Ltd., Annual General Meeting, Feb 27, 2025 MIT Holdings Co., Ltd., Annual General Meeting, Feb 27, 2025. Upcoming Dividend • Nov 21
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 28 November 2024. Payment date: 26 February 2025. Payout ratio is a comfortable 12% and the cash payout ratio is 96%. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%). Announcement • Nov 01
MIT Holdings Co., Ltd. to Report Fiscal Year 2024 Results on Jan 14, 2025 MIT Holdings Co., Ltd. announced that they will report fiscal year 2024 results on Jan 14, 2025 New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Market cap is less than US$10m (JP¥1.32b market cap, or US$9.38m). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥610, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 17x in the IT industry in Japan. Total loss to shareholders of 30% over the past three years. Announcement • Jul 20
MIT Holdings Co., Ltd. to Report Q3, 2024 Results on Oct 15, 2024 MIT Holdings Co., Ltd. announced that they will report Q3, 2024 results on Oct 15, 2024 Reported Earnings • Jul 16
Second quarter 2024 earnings released: EPS: JP¥15.15 (vs JP¥7.07 in 2Q 2023) Second quarter 2024 results: EPS: JP¥15.15 (up from JP¥7.07 in 2Q 2023). Revenue: JP¥1.30b (up 8.5% from 2Q 2023). Net income: JP¥30.0m (up 114% from 2Q 2023). Profit margin: 2.3% (up from 1.2% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • May 12
MIT Holdings Co., Ltd. to Report Q2, 2024 Results on Jul 12, 2024 MIT Holdings Co., Ltd. announced that they will report Q2, 2024 results on Jul 12, 2024 Reported Earnings • Apr 14
First quarter 2024 earnings released: EPS: JP¥15.66 (vs JP¥6.57 loss in 1Q 2023) First quarter 2024 results: EPS: JP¥15.66 (up from JP¥6.57 loss in 1Q 2023). Revenue: JP¥1.24b (up 13% from 1Q 2023). Net income: JP¥31.0m (up JP¥44.0m from 1Q 2023). Profit margin: 2.5% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Announcement • Feb 28
MIT Holdings Co., Ltd. to Report Q1, 2024 Results on Apr 12, 2024 MIT Holdings Co., Ltd. announced that they will report Q1, 2024 results on Apr 12, 2024 Reported Earnings • Jan 15
Full year 2023 earnings released: EPS: JP¥23.75 (vs JP¥22.14 in FY 2022) Full year 2023 results: EPS: JP¥23.75 (up from JP¥22.14 in FY 2022). Revenue: JP¥4.79b (up 9.8% from FY 2022). Net income: JP¥47.0m (up 4.4% from FY 2022). Profit margin: 1.0% (in line with FY 2022). Over the last 3 years on average, earnings per share has fallen by 31% per year whereas the company’s share price has fallen by 28% per year. Announcement • Jan 14
MIT Holdings Co., Ltd., Annual General Meeting, Feb 22, 2024 MIT Holdings Co., Ltd., Annual General Meeting, Feb 22, 2024. Valuation Update With 7 Day Price Move • Jan 01
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥675, the stock trades at a trailing P/E ratio of 40.5x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 62% over the past three years. Upcoming Dividend • Nov 22
Upcoming dividend of JP¥8.00 per share at 1.1% yield Eligible shareholders must have bought the stock before 29 November 2023. Payment date: 24 February 2024. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.6%). Announcement • Nov 03
MIT Holdings Co., Ltd. to Report Fiscal Year 2023 Results on Jan 12, 2024 MIT Holdings Co., Ltd. announced that they will report fiscal year 2023 results on Jan 12, 2024 Reported Earnings • Oct 15
Third quarter 2023 earnings released: EPS: JP¥4.55 (vs JP¥4.53 loss in 3Q 2022) Third quarter 2023 results: EPS: JP¥4.55 (up from JP¥4.53 loss in 3Q 2022). Revenue: JP¥1.22b (up 16% from 3Q 2022). Net income: JP¥9.00m (up JP¥18.0m from 3Q 2022). Profit margin: 0.7% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Announcement • Aug 30
MIT Holdings Co., Ltd. to Report Q3, 2023 Results on Oct 13, 2023 MIT Holdings Co., Ltd. announced that they will report Q3, 2023 results on Oct 13, 2023 Reported Earnings • Jul 17
Second quarter 2023 earnings released: EPS: JP¥7.07 (vs JP¥8.62 in 2Q 2022) Second quarter 2023 results: EPS: JP¥7.07 (down from JP¥8.62 in 2Q 2022). Revenue: JP¥1.20b (up 9.5% from 2Q 2022). Net income: JP¥14.0m (down 22% from 2Q 2022). Profit margin: 1.2% (down from 1.6% in 2Q 2022). The decrease in margin was driven by higher expenses. New Risk • Jun 24
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.41b (US$9.80m) This is considered a major 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 Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Earnings have declined by 17% per year over the past 5 years. Market cap is less than US$10m (JP¥1.41b market cap, or US$9.80m). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin). Reported Earnings • Apr 16
First quarter 2023 earnings released: JP¥6.57 loss per share (vs JP¥6.29 profit in 1Q 2022) First quarter 2023 results: JP¥6.57 loss per share (down from JP¥6.29 profit in 1Q 2022). Revenue: JP¥1.10b (up 5.6% from 1Q 2022). Net loss: JP¥13.0m (down 200% from profit in 1Q 2022). Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥756, the stock trades at a trailing P/E ratio of 33.3x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 48% over the past year. Reported Earnings • Mar 04
Full year 2022 earnings released: EPS: JP¥22.14 (vs JP¥13.66 in FY 2021) Full year 2022 results: EPS: JP¥22.14 (up from JP¥13.66 in FY 2021). Revenue: JP¥4.36b (up 13% from FY 2021). Net income: JP¥45.0m (up 61% from FY 2021). Profit margin: 1.0% (up from 0.7% in FY 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥738, the stock trades at a trailing P/E ratio of 32.5x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 24% over the past year. Announcement • Feb 10
MIT Holdings Co., Ltd. to Report Q1, 2023 Results on Apr 14, 2023 MIT Holdings Co., Ltd. announced that they will report Q1, 2023 results on Apr 14, 2023 Announcement • Jan 18
MIT Holdings Co., Ltd., Annual General Meeting, Feb 22, 2023 MIT Holdings Co., Ltd., Annual General Meeting, Feb 22, 2023. Reported Earnings • Jan 14
Full year 2022 earnings released: EPS: JP¥22.14 (vs JP¥13.66 in FY 2021) Full year 2022 results: EPS: JP¥22.14 (up from JP¥13.66 in FY 2021). Revenue: JP¥4.36b (up 13% from FY 2021). Net income: JP¥45.0m (up 61% from FY 2021). Profit margin: 1.0% (up from 0.7% in FY 2021). The increase in margin was driven by higher revenue. Upcoming Dividend • Nov 22
Upcoming dividend of JP¥7.00 per share Eligible shareholders must have bought the stock before 29 November 2022. Payment date: 28 February 2023. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.6%). Announcement • Nov 01
MIT Holdings Co., Ltd. to Report Fiscal Year 2022 Results on Jan 13, 2023 MIT Holdings Co., Ltd. announced that they will report fiscal year 2022 results on Jan 13, 2023 Reported Earnings • Oct 17
Third quarter 2022 earnings released: JP¥4.53 loss per share (vs JP¥1.94 loss in 3Q 2021) Third quarter 2022 results: JP¥4.53 loss per share (further deteriorated from JP¥1.94 loss in 3Q 2021). Revenue: JP¥1.05b (up 13% from 3Q 2021). Net loss: JP¥9.00m (loss widened 125% from 3Q 2021). Announcement • Sep 01
MIT Holdings Co., Ltd. (TSE:4016) announces an Equity Buyback for 30,000 shares, representing 1.43% for ¥30 million. MIT Holdings Co., Ltd. (TSE:4016) announces a share repurchase program. Under the program, the company will repurchase up to 30,000 shares, representing 1.43% of its issued share capital, for ¥30 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment. The program will expire on November 30, 2022. As of August 31, 2022, the company had 2,104,000 shares in issue and 100,000 shares in treasury. Announcement • Aug 28
MIT Holdings Co., Ltd. to Report Q3, 2022 Results on Oct 14, 2022 MIT Holdings Co., Ltd. announced that they will report Q3, 2022 results on Oct 14, 2022 Reported Earnings • Jul 17
Second quarter 2022 earnings released: EPS: JP¥8.62 (vs JP¥1.94 loss in 2Q 2021) Second quarter 2022 results: EPS: JP¥8.62 (up from JP¥1.94 loss in 2Q 2021). Revenue: JP¥1.09b (up 17% from 2Q 2021). Net income: JP¥18.0m (up JP¥22.0m from 2Q 2021). Profit margin: 1.6% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Announcement • May 30
MIT Holdings Co., Ltd. to Report Q2, 2022 Results on Jul 15, 2022 MIT Holdings Co., Ltd. announced that they will report Q2, 2022 results on Jul 15, 2022 Buying Opportunity • May 27
Now 25% undervalued Over the last 90 days, the stock is up 60%. The fair value is estimated to be JP¥1,198, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last year. Earnings per share has declined by 49%. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥707, the stock trades at a trailing P/E ratio of 37.6x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 47% over the past year. Reported Earnings • Mar 03
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: JP¥13.66 (down from JP¥45.25 in FY 2020). Revenue: JP¥3.87b (flat on FY 2020). Net income: JP¥28.0m (down 65% from FY 2020). Profit margin: 0.7% (down from 2.1% in FY 2020). Revenue was in line with analyst estimates. Announcement • Feb 06
MIT Holdings Co., Ltd. to Report Q1, 2022 Results on Apr 15, 2022 MIT Holdings Co., Ltd. announced that they will report Q1, 2022 results on Apr 15, 2022 Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment improved over the past week After last week's 33% share price gain to JP¥874, the stock trades at a trailing P/E ratio of 64.4x. Average trailing P/E is 19x in the IT industry in Japan. Total loss to shareholders of 51% over the past year. Buying Opportunity • Jan 21
Now 29% undervalued after recent price drop Over the last 90 days, the stock is down 1.1%. The fair value is estimated to be JP¥1,226, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 24% per annum over the last 3 years. Announcement • Jan 17
MIT Holdings Co., Ltd. (JASDAQ:4016) announces an Equity Buyback for 100,000 shares, representing 4.85% for ¥100 million. MIT Holdings Co., Ltd. (JASDAQ:4016) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 4.85% of its issued share capital for ¥100 million. The purpose of the program is to to improve the level of shareholder returns and to implement agile capital policies in response to changes in the business environment. The program will run until July 31, 2022. As of January 14 2022, the company had 2,062,200 shares in issue (excluding treasury stock) and 0 shares in treasury. Upcoming Dividend • Nov 22
Upcoming dividend of JP¥7.00 per share Eligible shareholders must have bought the stock before 29 November 2021. Payment date: 26 February 2022. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (1.2%). Valuation Update With 7 Day Price Move • Sep 15
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥1,090, the stock trades at a trailing P/E ratio of 28.4x. Average trailing P/E is 23x in the IT industry in Japan. Reported Earnings • Mar 03
Full year 2020 earnings released: EPS JP¥45.25 (vs JP¥38.35 in FY 2019) The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: JP¥3.85b (flat on FY 2019). Net income: JP¥79.0m (up 32% from FY 2019). Profit margin: 2.1% (up from 1.6% in FY 2019). Is New 90 Day High Low • Feb 26
New 90-day low: JP¥1,508 The company is down 50% from its price of JP¥3,000 on 27 November 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 1.0% over the same period. Announcement • Feb 10
MIT Holdings Co., Ltd. to Report Q1, 2021 Results on Apr 13, 2021 MIT Holdings Co., Ltd. announced that they will report Q1, 2021 results on Apr 13, 2021 Announcement • Jan 15
MIT Holdings Co., Ltd., Annual General Meeting, Feb 25, 2021 MIT Holdings Co., Ltd., Annual General Meeting, Feb 25, 2021. Reported Earnings • Jan 15
Full year 2020 earnings released: EPS JP¥45.25 The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: JP¥3.85b (flat on FY 2019). Net income: JP¥79.0m (up 32% from FY 2019). Profit margin: 2.1% (up from 1.6% in FY 2019). The increase in margin was primarily driven by lower expenses. Announcement • Dec 23
MIT Holdings Co., Ltd. to Report Fiscal Year 2020 Final Results on Jan 13, 2021 MIT Holdings Co., Ltd. announced that they will report fiscal year 2020 final results on Jan 13, 2021