Reported Earnings • May 09
Third quarter 2026 earnings released: EPS: JP¥29.72 (vs JP¥30.60 in 3Q 2025) Third quarter 2026 results: EPS: JP¥29.72 (down from JP¥30.60 in 3Q 2025). Revenue: JP¥963.0m (up 9.3% from 3Q 2025). Net income: JP¥68.0m (down 2.9% from 3Q 2025). Profit margin: 7.1% (down from 7.9% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 3% per year. Announcement • May 08
IPS Holdings Co., Ltd. to Report Q3, 2026 Results on May 08, 2026 IPS Holdings Co., Ltd. announced that they will report Q3, 2026 results on May 08, 2026 Reported Earnings • Feb 07
Second quarter 2026 earnings released: EPS: JP¥36.28 (vs JP¥37.68 in 2Q 2025) Second quarter 2026 results: EPS: JP¥36.28 (down from JP¥37.68 in 2Q 2025). Revenue: JP¥1.08b (up 8.8% from 2Q 2025). Net income: JP¥83.0m (down 3.5% from 2Q 2025). Profit margin: 7.7% (down from 8.6% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 17% per year. Reported Earnings • Nov 08
First quarter 2026 earnings released: EPS: JP¥14.86 (vs JP¥7.46 in 1Q 2025) First quarter 2026 results: EPS: JP¥14.86 (up from JP¥7.46 in 1Q 2025). Revenue: JP¥742.0m (down 7.6% from 1Q 2025). Net income: JP¥34.0m (up 100% from 1Q 2025). Profit margin: 4.6% (up from 2.1% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 11
Full year 2025 earnings released: EPS: JP¥119 (vs JP¥99.21 in FY 2024) Full year 2025 results: EPS: JP¥119 (up from JP¥99.21 in FY 2024). Revenue: JP¥3.73b (up 19% from FY 2024). Net income: JP¥271.0m (up 20% from FY 2024). Profit margin: 7.3% (up from 7.2% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 23% per year. Announcement • Aug 08
IPS Holdings Co., Ltd., Annual General Meeting, Sep 25, 2025 IPS Holdings Co., Ltd., Annual General Meeting, Sep 25, 2025. Announcement • Jul 07
IPS Holdings Co.,Ltd. to Report Fiscal Year 2025 Results on Aug 08, 2025 IPS Holdings Co.,Ltd. announced that they will report fiscal year 2025 results on Aug 08, 2025 Upcoming Dividend • Jun 20
Upcoming dividend of JP¥38.00 per share Eligible shareholders must have bought the stock before 27 June 2025. Payment date: 26 September 2025. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.2%). Reported Earnings • May 11
Third quarter 2025 earnings released: EPS: JP¥30.60 (vs JP¥10.54 in 3Q 2024) Third quarter 2025 results: EPS: JP¥30.60 (up from JP¥10.54 in 3Q 2024). Revenue: JP¥881.0m (up 24% from 3Q 2024). Net income: JP¥70.0m (up 192% from 3Q 2024). Profit margin: 7.9% (up from 3.4% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 25% per year. Announcement • Apr 19
IPS Co., Ltd. to Report Q3, 2025 Results on May 09, 2025 IPS Co., Ltd. announced that they will report Q3, 2025 results on May 09, 2025 Reported Earnings • Feb 08
Second quarter 2025 earnings released: EPS: JP¥37.68 (vs JP¥29.41 in 2Q 2024) Second quarter 2025 results: EPS: JP¥37.68 (up from JP¥29.41 in 2Q 2024). Revenue: JP¥995.0m (up 21% from 2Q 2024). Net income: JP¥86.0m (up 28% from 2Q 2024). Profit margin: 8.6% (up from 8.2% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • Jan 03
IPS Co., Ltd. to Report Q2, 2025 Results on Feb 07, 2025 IPS Co., Ltd. announced that they will report Q2, 2025 results on Feb 07, 2025 Reported Earnings • Nov 11
First quarter 2025 earnings released: EPS: JP¥7.46 (vs JP¥6.15 in 1Q 2024) First quarter 2025 results: EPS: JP¥7.46 (up from JP¥6.15 in 1Q 2024). Revenue: JP¥803.0m (up 38% from 1Q 2024). Net income: JP¥17.0m (up 21% from 1Q 2024). Profit margin: 2.1% (down from 2.4% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Sep 28
IPS Co., Ltd. to Report Q1, 2025 Results on Nov 08, 2024 IPS Co., Ltd. announced that they will report Q1, 2025 results on Nov 08, 2024 Announcement • Aug 09
IPS Co., Ltd., Annual General Meeting, Sep 25, 2024 IPS Co., Ltd., Annual General Meeting, Sep 25, 2024. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥840, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 17x in the IT industry in Japan. Total loss to shareholders of 4.7% over the past three years. Announcement • Jul 02
IPS Co., Ltd. to Report Fiscal Year 2024 Results on Aug 09, 2024 IPS Co., Ltd. announced that they will report fiscal year 2024 results at 3:00 PM, Tokyo Standard Time on Aug 09, 2024 Upcoming Dividend • Jun 20
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 27 June 2024. Payment date: 27 September 2024. Payout ratio is a comfortable 54% 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%). Reported Earnings • May 17
Third quarter 2024 earnings released: EPS: JP¥10.54 (vs JP¥74.51 in 3Q 2023) Third quarter 2024 results: EPS: JP¥10.54 (down from JP¥74.51 in 3Q 2023). Revenue: JP¥708.0m (down 22% from 3Q 2023). Net income: JP¥24.0m (down 86% from 3Q 2023). Profit margin: 3.4% (down from 19% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Mar 02
IPS Co., Ltd. to Report Q3, 2024 Results on May 13, 2024 IPS Co., Ltd. announced that they will report Q3, 2024 results on May 13, 2024 Reported Earnings • Feb 11
Second quarter 2024 earnings released: EPS: JP¥29.41 (vs JP¥29.69 in 2Q 2023) Second quarter 2024 results: EPS: JP¥29.41 (down from JP¥29.69 in 2Q 2023). Revenue: JP¥821.0m (up 29% from 2Q 2023). Net income: JP¥67.0m (down 2.9% from 2Q 2023). Profit margin: 8.2% (down from 11% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Dec 15
IPS Co., Ltd. to Report Q2, 2024 Results on Feb 09, 2024 IPS Co., Ltd. announced that they will report Q2, 2024 results on Feb 09, 2024 Reported Earnings • Nov 12
First quarter 2024 earnings released: EPS: JP¥6.15 (vs JP¥21.93 loss in 1Q 2023) First quarter 2024 results: EPS: JP¥6.15 (up from JP¥21.93 loss in 1Q 2023). Revenue: JP¥583.0m (up 31% from 1Q 2023). Net income: JP¥14.0m (up JP¥65.0m from 1Q 2023). Profit margin: 2.4% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Sep 28
IPS Co., Ltd. to Report Q1, 2024 Results on Nov 10, 2023 IPS Co., Ltd. announced that they will report Q1, 2024 results on Nov 10, 2023 Reported Earnings • Aug 12
Full year 2023 earnings released: EPS: JP¥91.81 (vs JP¥75.52 in FY 2022) Full year 2023 results: EPS: JP¥91.81 (up from JP¥75.52 in FY 2022). Revenue: JP¥2.83b (up 3.8% from FY 2022). Net income: JP¥212.0m (up 20% from FY 2022). Profit margin: 7.5% (up from 6.5% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Aug 12
IPS Co., Ltd., Annual General Meeting, Sep 26, 2023 IPS Co., Ltd., Annual General Meeting, Sep 26, 2023. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥1,285, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 19x in the IT industry in Japan. Total returns to shareholders of 44% over the past three years. Announcement • Jun 22
IPS Co., Ltd. to Report Fiscal Year 2023 Results on Aug 10, 2023 IPS Co., Ltd. announced that they will report fiscal year 2023 results on Aug 10, 2023 Upcoming Dividend • Jun 22
Upcoming dividend of JP¥30.00 per share at 1.3% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 28 September 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.6%). Reported Earnings • May 17
Third quarter 2023 earnings released: EPS: JP¥74.51 (vs JP¥12.58 in 3Q 2022) Third quarter 2023 results: EPS: JP¥74.51 (up from JP¥12.58 in 3Q 2022). Revenue: JP¥904.0m (up 68% from 3Q 2022). Net income: JP¥172.0m (up 493% from 3Q 2022). Profit margin: 19% (up from 5.4% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 22% per year. Valuation Update With 7 Day Price Move • May 10
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥992, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 49% over the past three years. Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥844, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 49% over the past three years. Reported Earnings • Feb 12
Second quarter 2023 earnings released: EPS: JP¥29.69 (vs JP¥5.11 in 2Q 2022) Second quarter 2023 results: EPS: JP¥29.69 (up from JP¥5.11 in 2Q 2022). Revenue: JP¥638.0m (down 6.5% from 2Q 2022). Net income: JP¥69.0m (up 475% from 2Q 2022). Profit margin: 11% (up from 1.8% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment improved over the past week After last week's 18% share price gain to JP¥763, the stock trades at a trailing P/E ratio of 24.6x. Average trailing P/E is 17x in the IT industry in Japan. Total loss to shareholders of 6.5% over the past three years. Announcement • Jan 07
IPS Co., Ltd. (TSE:4335) announces an Equity Buyback for 140,000 shares, representing 6.03% for $110 million. IPS Co., Ltd. (JASDAQ:4335) announces a share repurchase program. Under the program, the company will repurchase up to 140,000 shares, representing 6.03% of its issued share capital for ¥110 million. The purpose of the program is to improve shareholder returns through improved capital efficiency. The program is valid till June 30, 2023. As of January 6, 2023, the company has 2,322,100 shares issued (excluding treasury stock) and 143,900 shares in treasury. Announcement • Dec 28
IPS Co., Ltd. to Report Q2, 2023 Results on Feb 10, 2023 IPS Co., Ltd. announced that they will report Q2, 2023 results on Feb 10, 2023 Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 3 highly experienced directors. No independent directors (6 non-independent directors). External Director Takuo Enoki was the last 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: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 12
First quarter 2023 earnings released: JP¥21.93 loss per share (vs JP¥22.53 profit in 1Q 2022) First quarter 2023 results: JP¥21.93 loss per share (down from JP¥22.53 profit in 1Q 2022). Revenue: JP¥445.0m (down 35% from 1Q 2022). Net loss: JP¥51.0m (down 194% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Oct 20
IPS Co., Ltd. to Report Q1, 2023 Results on Nov 10, 2022 IPS Co., Ltd. announced that they will report Q1, 2023 results on Nov 10, 2022 Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥727, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 17x in the IT industry in Japan. Total loss to shareholders of 16% over the past three years. Announcement • Oct 01
IPS Co., Ltd. (TSE:4335) announces an Equity Buyback for 140,000 shares, representing 6.02% for ¥110 million. IPS Co., Ltd. (JASDAQ:4335) announces a share repurchase program. Under the program, the company will repurchase up to 140,000 shares, representing 6.02% of its issued share capital for ¥110 million. The purpose of the program is to improve shareholder returns through improved capital efficiency. The program is valid till December 30, 2022. As of September 30, 2022, the company had 2,325,900 shares issued (excluding treasury stock) and 140,100 shares in treasury. Reported Earnings • Aug 12
Full year 2022 earnings released: EPS: JP¥75.52 (vs JP¥77.41 in FY 2021) Full year 2022 results: EPS: JP¥75.52 (down from JP¥77.41 in FY 2021). Revenue: JP¥2.73b (up 9.2% from FY 2021). Net income: JP¥177.0m (down 4.3% from FY 2021). Profit margin: 6.5% (down from 7.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Aug 12
IPS Co., Ltd., Annual General Meeting, Sep 27, 2022 IPS Co., Ltd., Annual General Meeting, Sep 27, 2022. Announcement • Aug 03
IPS Co., Ltd. to Report Fiscal Year 2022 Results on Aug 10, 2022 IPS Co., Ltd. announced that they will report fiscal year 2022 results on Aug 10, 2022 Upcoming Dividend • Jun 22
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 29 September 2022. Payout ratio is a comfortable 39% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%). Reported Earnings • May 15
Third quarter 2022 earnings released: EPS: JP¥12.58 (vs JP¥36.84 in 3Q 2021) Third quarter 2022 results: EPS: JP¥12.58 (down from JP¥36.84 in 3Q 2021). Revenue: JP¥539.0m (down 23% from 3Q 2021). Net income: JP¥29.0m (down 67% from 3Q 2021). Profit margin: 5.4% (down from 13% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 3 highly experienced directors. No independent directors (6 non-independent directors). External Director Takuo Enoki was the last 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: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 08
IPS Co., Ltd. to Report Q3, 2022 Results on May 12, 2022 IPS Co., Ltd. announced that they will report Q3, 2022 results on May 12, 2022 Reported Earnings • Feb 12
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: JP¥5.11 (down from JP¥28.05 in 2Q 2021). Revenue: JP¥682.0m (up 6.4% from 2Q 2021). Net income: JP¥12.0m (down 82% from 2Q 2021). Profit margin: 1.8% (down from 11% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Feb 03
IPS Co., Ltd. to Report Q2, 2022 Results on Feb 10, 2022 IPS Co., Ltd. announced that they will report Q2, 2022 results on Feb 10, 2022 Reported Earnings • Nov 15
First quarter 2022 earnings released: EPS JP¥22.53 (vs JP¥27.21 in 1Q 2021) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: JP¥683.0m (up 13% from 1Q 2021). Net income: JP¥54.0m (down 17% from 1Q 2021). Profit margin: 7.9% (down from 11% in 1Q 2021). The decrease in margin was driven by higher expenses. Reported Earnings • Oct 05
Full year 2021 earnings released: EPS JP¥77.41 (vs JP¥12.56 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥2.50b (down 6.5% from FY 2020). Net income: JP¥185.0m (up JP¥155.0m from FY 2020). Profit margin: 7.4% (up from 1.1% in FY 2020). The increase in margin was driven by lower expenses. 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 6% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥800, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 22x in the IT industry in Japan. Total returns to shareholders of 40% over the past three years. Upcoming Dividend • Jun 23
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 29 June 2021. Payment date: 25 September 2021. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.1%). Lower than average of industry peers (1.4%). Reported Earnings • May 15
Third quarter 2021 earnings released: EPS JP¥36.84 (vs JP¥3.77 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥704.0m (up 33% from 3Q 2020). Net income: JP¥88.0m (up JP¥97.0m from 3Q 2020). Profit margin: 13% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 26
New 90-day low: JP¥917 The company is down 5.0% from its price of JP¥962 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. Reported Earnings • Feb 14
Second quarter 2021 earnings released: EPS JP¥28.05 (vs JP¥21.35 in 2Q 2020) The company reported a solid second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: JP¥641.0m (flat on 2Q 2020). Net income: JP¥67.0m (up 31% from 2Q 2020). Profit margin: 11% (up from 8.0% in 2Q 2020). Is New 90 Day High Low • Jan 25
New 90-day high: JP¥1,112 The company is up 32% from its price of JP¥840 on 27 October 2020. The Japanese market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 12% over the same period. Announcement • Jan 17
IPS Co., Ltd. to Report Q2, 2021 Results on Feb 10, 2021 IPS Co., Ltd. announced that they will report Q2, 2021 results on Feb 10, 2021 Is New 90 Day High Low • Dec 14
New 90-day high: JP¥1,058 The company is up 18% from its price of JP¥893 on 15 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 6.0% over the same period. Valuation Update With 7 Day Price Move • Nov 17
Market bids up stock over the past week After last week's 16% share price gain to JP¥938, the stock is trading at a trailing P/E ratio of 74.7x, up from the previous P/E ratio of 64.4x. This compares to an average P/E of 29x in the IT industry in Japan. Total returns to shareholders over the past three years are 59%. Valuation Update With 7 Day Price Move • Nov 13
Market bids up stock over the past week After last week's 16% share price gain to JP¥967, the stock is trading at a trailing P/E ratio of 77x, up from the previous P/E ratio of 66.3x. This compares to an average P/E of 28x in the IT industry in Japan. Total returns to shareholders over the past three years are 62%. Announcement • Nov 08
IPS Co., Ltd. to Report Q1, 2021 Results on Nov 12, 2020 IPS Co., Ltd. announced that they will report Q1, 2021 results on Nov 12, 2020 Announcement • Nov 07
Global Trust Networks Co.,Ltd. agreed to acquire man resources-related business divisions from IPS Co., Ltd. (JASDAQ:4335). Global Trust Networks Co.,Ltd. agreed to acquire man resources-related business divisions from IPS Co., Ltd. (JASDAQ:4335) on November 5, 2020. The business division generated sales of ¥164 million in 2019. The parties will sign an agreement on November 6, 2020. The Board of IPS resolved on the transaction. The transaction is expected to complete on January 1, 2021. Announcement • Jul 17
IPS Co., Ltd. to Report Fiscal Year 2020 Results on Aug 11, 2020 IPS Co., Ltd. announced that they will report fiscal year 2020 results on Aug 11, 2020