Announcement • Jun 01
SIG Group Co., Ltd. to Report Q1, 2027 Results on Aug 12, 2026 SIG Group Co., Ltd. announced that they will report Q1, 2027 results on Aug 12, 2026 Reported Earnings • May 19
Full year 2026 earnings released: EPS: JP¥84.42 (vs JP¥84.63 in FY 2025) Full year 2026 results: EPS: JP¥84.42. Revenue: JP¥10.9b (up 24% from FY 2025). Net income: JP¥482.0m (flat on FY 2025). Profit margin: 4.4% (down from 5.5% in FY 2025). The decrease in margin was driven by higher expenses. Announcement • May 14
SIG Group Co., Ltd., Annual General Meeting, Jun 26, 2026 SIG Group Co., Ltd., Annual General Meeting, Jun 26, 2026. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.8%). Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: JP¥20.80 (vs JP¥15.50 in 3Q 2025) Third quarter 2026 results: EPS: JP¥20.80 (up from JP¥15.50 in 3Q 2025). Revenue: JP¥2.69b (up 24% from 3Q 2025). Net income: JP¥119.0m (up 35% from 3Q 2025). Profit margin: 4.4% (up from 4.1% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • Nov 29
SIG Group Co., Ltd. to Report Q3, 2026 Results on Feb 12, 2026 SIG Group Co., Ltd. announced that they will report Q3, 2026 results on Feb 12, 2026 Reported Earnings • Nov 17
Second quarter 2026 earnings released: EPS: JP¥21.03 (vs JP¥15.34 in 2Q 2025) Second quarter 2026 results: EPS: JP¥21.03 (up from JP¥15.34 in 2Q 2025). Revenue: JP¥2.72b (up 23% from 2Q 2025). Net income: JP¥120.0m (up 38% from 2Q 2025). Profit margin: 4.4% (up from 4.0% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 23% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 01 December 2025. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%). Reported Earnings • Aug 15
First quarter 2026 earnings released: EPS: JP¥15.12 (vs JP¥19.62 in 1Q 2025) First quarter 2026 results: EPS: JP¥15.12 (down from JP¥19.62 in 1Q 2025). Revenue: JP¥2.60b (up 26% from 1Q 2025). Net income: JP¥86.0m (down 23% from 1Q 2025). Profit margin: 3.3% (down from 5.4% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 16% per year. New Risk • Jul 17
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 0% Dividend yield: 3.4% 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¥4.24b market cap, or US$28.5m). Reported Earnings • Jul 05
Full year 2025 earnings released: EPS: JP¥84.63 (vs JP¥42.28 in FY 2024) Full year 2025 results: EPS: JP¥84.63 (up from JP¥42.28 in FY 2024). Revenue: JP¥8.77b (up 27% from FY 2024). Net income: JP¥480.0m (up 101% from FY 2024). Profit margin: 5.5% (up from 3.5% 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 14% per year whereas the company’s share price has increased by 17% per year. Announcement • Jul 02
SIG Group Co., Ltd. to Report Q2, 2026 Results on Nov 13, 2025 SIG Group Co., Ltd. announced that they will report Q2, 2026 results on Nov 13, 2025 Announcement • Jun 27
SIG Group Co., Ltd. to Report Q1, 2026 Results on Aug 13, 2025 SIG Group Co., Ltd. announced that they will report Q1, 2026 results on Aug 13, 2025 New Risk • Jun 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 7.3% 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (JP¥4.71b market cap, or US$32.5m). Reported Earnings • May 17
Full year 2025 earnings released: EPS: JP¥84.63 (vs JP¥42.28 in FY 2024) Full year 2025 results: EPS: JP¥84.63 (up from JP¥42.28 in FY 2024). Revenue: JP¥8.77b (up 27% from FY 2024). Net income: JP¥480.0m (up 101% from FY 2024). Profit margin: 5.5% (up from 3.5% 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 14% per year whereas the company’s share price has increased by 12% per year. Announcement • May 13
SIG Group Co., Ltd., Annual General Meeting, Jun 27, 2025 SIG Group Co., Ltd., Annual General Meeting, Jun 27, 2025. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥537, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 15x in the IT industry in Japan. Total returns to shareholders of 8.8% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥13.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.4%). Announcement • Feb 28
SIG Group Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025 SIG Group Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025 Reported Earnings • Feb 13
Third quarter 2025 earnings released: EPS: JP¥15.50 (vs JP¥9.37 in 3Q 2024) Third quarter 2025 results: EPS: JP¥15.50 (up from JP¥9.37 in 3Q 2024). Revenue: JP¥2.17b (up 29% from 3Q 2024). Net income: JP¥88.0m (up 66% from 3Q 2024). Profit margin: 4.1% (up from 3.2% 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 8% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Dec 10
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Outside Director Hideshi Nakayama was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: JP¥15.34 (vs JP¥2.83 loss in 2Q 2024) Second quarter 2025 results: EPS: JP¥15.34 (up from JP¥2.83 loss in 2Q 2024). Revenue: JP¥2.20b (up 26% from 2Q 2024). Net income: JP¥87.0m (up JP¥103.0m from 2Q 2024). Profit margin: 4.0% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Valuation Update With 7 Day Price Move • Oct 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥738, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 16% over the past three years. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 27 November 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%). Reported Earnings • Aug 19
First quarter 2025 earnings released: EPS: JP¥19.62 (vs JP¥14.17 in 1Q 2024) First quarter 2025 results: EPS: JP¥19.62 (up from JP¥14.17 in 1Q 2024). Revenue: JP¥2.07b (up 23% from 1Q 2024). Net income: JP¥111.0m (up 39% from 1Q 2024). Profit margin: 5.4% (up from 4.7% in 1Q 2024). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 28% After last week's 28% share price decline to JP¥492, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 17x in the IT industry in Japan. Total loss to shareholders of 10% over the past three years. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥673, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 19x in the IT industry in Japan. Total returns to shareholders of 16% over the past three years. Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Outside Director Hideshi Nakayama was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 17
Full year 2024 earnings released: EPS: JP¥42.28 (vs JP¥53.37 in FY 2023) Full year 2024 results: EPS: JP¥42.28 (down from JP¥53.37 in FY 2023). Revenue: JP¥6.91b (up 28% from FY 2023). Net income: JP¥239.0m (down 21% from FY 2023). Profit margin: 3.5% (down from 5.6% in FY 2023). The decrease in margin was driven by higher expenses. Announcement • May 15
SIG Group Co., Ltd., Annual General Meeting, Jun 27, 2024 SIG Group Co., Ltd., Annual General Meeting, Jun 27, 2024. Announcement • Mar 28
SIG Group Co., Ltd. to Report Fiscal Year 2024 Results on May 13, 2024 SIG Group Co., Ltd. announced that they will report fiscal year 2024 results on May 13, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥7.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%). Announcement • Mar 15
SIG Group Co., Ltd. (TSE:4386) agreed to acquire A Creation Co.,Ltd. from Acro Holdings Co., Ltd. SIG Group Co., Ltd. (TSE:4386) agreed to acquire A Creation Co.,Ltd. from Acro Holdings Co., Ltd. on March 15, 2024. As of December 31, 2023, A Creation Co.,Ltd. generated net assets of ¥378 million, total assets of ¥595 million, sales of ¥2.2 billion, operating income of ¥62 million and net income of ¥44 million. The transaction is expected to close in March 2025. Reported Earnings • Feb 15
Third quarter 2024 earnings released: EPS: JP¥9.37 (vs JP¥10.61 in 3Q 2023) Third quarter 2024 results: EPS: JP¥9.37 (down from JP¥10.61 in 3Q 2023). Revenue: JP¥1.68b (up 25% from 3Q 2023). Net income: JP¥53.0m (down 12% from 3Q 2023). Profit margin: 3.2% (down from 4.5% in 3Q 2023). The decrease in margin was driven by higher expenses. Announcement • Dec 29
SIG Group Co., Ltd. to Report Q3, 2024 Results on Feb 13, 2024 SIG Group Co., Ltd. announced that they will report Q3, 2024 results on Feb 13, 2024 New Risk • Nov 20
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.5% Last year net profit margin: 5.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.5% net profit margin). Market cap is less than US$100m (JP¥2.63b market cap, or US$17.6m). Reported Earnings • Nov 20
Second quarter 2024 earnings released: JP¥2.83 loss per share (vs JP¥14.40 profit in 2Q 2023) Second quarter 2024 results: JP¥2.83 loss per share (down from JP¥14.40 profit in 2Q 2023). Revenue: JP¥1.74b (up 30% from 2Q 2023). Net loss: JP¥16.0m (down 120% from profit in 2Q 2023). Buying Opportunity • Nov 15
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 10%. The fair value is estimated to be JP¥614, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last year. Earnings per share has grown by 14%. Buying Opportunity • Oct 19
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 1.6%. The fair value is estimated to be JP¥624, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last year. Earnings per share has grown by 14%. Buying Opportunity • Oct 04
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 3.6%. The fair value is estimated to be JP¥634, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last year. Earnings per share has grown by 14%. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥7.00 per share at 2.5% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 28 November 2023. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.5%). Reported Earnings • Aug 13
First quarter 2024 earnings released: EPS: JP¥14.17 (vs JP¥11.37 in 1Q 2023) First quarter 2024 results: EPS: JP¥14.17 (up from JP¥11.37 in 1Q 2023). Revenue: JP¥1.69b (up 40% from 1Q 2023). Net income: JP¥80.0m (up 25% from 1Q 2023). Profit margin: 4.7% (down from 5.3% in 1Q 2023). The decrease in margin was driven by higher expenses. Reported Earnings • May 14
Full year 2023 earnings released: EPS: JP¥53.37 (vs JP¥48.23 in FY 2022) Full year 2023 results: EPS: JP¥53.37 (up from JP¥48.23 in FY 2022). Revenue: JP¥5.42b (up 10% from FY 2022). Net income: JP¥301.0m (up 9.9% from FY 2022). Profit margin: 5.6% (in line with FY 2022). Announcement • May 14
SIG Group Co.,Ltd., Annual General Meeting, Jun 29, 2023 SIG Group Co.,Ltd., Annual General Meeting, Jun 29, 2023. Buying Opportunity • Mar 31
Now 20% undervalued Over the last 90 days, the stock is up 2.7%. The fair value is estimated to be JP¥663, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last year. Earnings per share has grown by 4.7%. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥6.50 per share at 2.5% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Buying Opportunity • Mar 13
Now 22% undervalued Over the last 90 days, the stock is up 11%. The fair value is estimated to be JP¥706, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last year. Earnings per share has grown by 4.7%. Buying Opportunity • Feb 24
Now 20% undervalued Over the last 90 days, the stock is up 18%. The fair value is estimated to be JP¥713, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last year. Earnings per share has grown by 4.7%. Announcement • Feb 15
SIG Group Co.,Ltd. (TSE:4386) entered into letter of intent to acquire Act Information Service Corporation. SIG Group Co.,Ltd. (TSE:4386) entered into letter of intent to acquire Act Information Service Corporation on February 13, 2023. The expected contract date is February 17, 2023 and expected closing date is March 31, 2023. Reported Earnings • Feb 15
Third quarter 2023 earnings released: EPS: JP¥10.61 (vs JP¥13.14 in 3Q 2022) Third quarter 2023 results: EPS: JP¥10.61 (down from JP¥13.14 in 3Q 2022). Revenue: JP¥1.34b (up 1.1% from 3Q 2022). Net income: JP¥60.0m (down 19% from 3Q 2022). Profit margin: 4.5% (down from 5.6% in 3Q 2022). The decrease in margin was driven by higher expenses. Board Change • Nov 16
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. No independent directors (4 non-independent directors). President & Representative Director Masashi Ishikawa is the most experienced director on the board, commencing their role in 1991. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥6.50 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 28 November 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). Announcement • May 14
SIG Group Co.,Ltd., Annual General Meeting, Jun 29, 2022 SIG Group Co.,Ltd., Annual General Meeting, Jun 29, 2022. Board Change • Apr 27
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. No independent directors (4 non-independent directors). President & Representative Director Masashi Ishikawa is the most experienced director on the board, commencing their role in 1991. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Announcement • Apr 08
SIG Group Co.,Ltd. to Report Fiscal Year 2022 Results on May 12, 2022 SIG Group Co.,Ltd. announced that they will report fiscal year 2022 results on May 12, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥11.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%). Announcement • Feb 17
SIG Group Co.,Ltd. (TSE:4386) agreed to acquire 21% stake in Y.C.O. co.,Ltd. from Kenji Yoshimizu for ¥0.021 million. SIG Group Co.,Ltd. (TSE:4386) agreed to acquire 21% stake in Y.C.O. co.,Ltd. from Kenji Yoshimizu for ¥0.021 million on February 16, 2022. The deal is subject to approval from SIG Group Co.,Ltd. (TSE:4386) board. As of February 16, 2022 SIG Group Co.,Ltd. (TSE:4386) board approved the deal. Announcement • Nov 27
SIG Group Co.,Ltd. (TSE:4386) announces an Equity Buyback for 118,000 shares, representing 2.05% for ¥118 million. SIG Co., Ltd. (TSE:4386) announces a share repurchase program. Under the program, the company will repurchase 118,000 shares, representing 2.05% of its share capital, for ¥118 million. The company will repurchase its shares in order to implement a flexible capital policy in response to changes in the business environment. The plan will expire on December 1, 2021. As of September 30, 2021, the company had 5,747,170 shares outstanding (excluding treasury shares) and 177,410 shares in treasury. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥6.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 27 November 2021. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.2%). Upcoming Dividend • Mar 23
Inaugural dividend of JP¥6.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 30 June 2021. This is the first dividend for SIG since going public. The average dividend yield among industry peers is 1.3%. Is New 90 Day High Low • Feb 15
New 90-day low: JP¥819 The company is down 24% from its price of JP¥1,074 on 17 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 9.0% over the same period. Is New 90 Day High Low • Dec 22
New 90-day low: JP¥871 The company is down 7.0% from its price of JP¥941 on 23 September 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 up 1.0% over the same period. 
