Major Estimate Revision • Jun 20
Consensus EPS estimates increase by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2027 has improved. 2027 revenue forecast increased from JP¥15.1b to JP¥15.4b. EPS estimate increased from JP¥130 to JP¥144 per share. Net income forecast to shrink 1.3% next year vs 12% growth forecast for Software industry in Japan . Consensus price target of JP¥3,000 unchanged from last update. Share price was steady at JP¥2,408 over the past week. Announcement • Jun 16
Smaregi, Inc. Provides Year-End Dividend Guidance for the Fiscal Year Ending April 30, 2027 Smaregi, Inc. expects to pay year-end dividend of JPY 29.00 per share for the fiscal year ending April 30, 2027 as compared to JPY 24.00 per share a year ago. Announcement • Jun 12
Smaregi, Inc., Annual General Meeting, Jul 29, 2026 Smaregi, Inc., Annual General Meeting, Jul 29, 2026. Announcement • Jun 10
Smaregi, Inc. Announces Year End Dividend for the Fiscal Year Ended April 30, 2026, Payable on July 14, 2026 Smaregi, Inc. announced that, at the meeting of its Board of Directors held June 8, 2026, it resolved to distribute a dividend of JPY 24.00 per share for the fiscal year ended April 30, 2026 from surplus with a record date of April 30, 2026 against JPY 15.00 per share a year ago. Effective Date is on July 14, 2026. Total Dividend Amount of JPY 462 million. Source of Dividend from Retained Earnings. Reason for the Dividend: The Company's foundational capital allocation policy focuses on maximizing long-term shareholder value by actively driving business expansion while providing stable and sustainable returns to company investors. Smaregiprioritize securing ample capital to fund strategic expansion vectors, including high-upside mergers and acquisitions (M&A). After ensuring these investment reserves are met, Smaregi comprehensively evaluate our operational milestones, cash flow generation capabilities, financial health, and macro-market trends to finalize dividend pay-outs. In accordance with this capital strategy, and targeting a benchmark dividend payout ratio of approximately 20%, the Company has decided to distribute a year-end dividend of JPY 24.00 per share for the fiscal year ended April 30, 2026. This represents a strong year-on-year dividend escalation, returning the fruits of company's ongoing SaaS growth directly to company's shareholders. Upcoming Dividend • Apr 21
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 28 April 2026. Payment date: 14 July 2026. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.2%). Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥2,030, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Software industry in Japan. Total loss to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,334 per share. New Risk • Mar 01
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 8.4% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥2,588, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Software industry in Japan. Total returns to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,517 per share. Buy Or Sell Opportunity • Jan 09
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 12% to JP¥3,095. The fair value is estimated to be JP¥2,469, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last year. Earnings per share has grown by 21%. Revenue is forecast to grow by 51% in 2 years. Earnings are forecast to grow by 80% in the next 2 years. Buy Or Sell Opportunity • Dec 15
Now 15% overvalued Over the last 90 days, the stock has fallen 6.9% to JP¥2,825. The fair value is estimated to be JP¥2,464, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last year. Earnings per share has grown by 21%. Revenue is forecast to grow by 52% in 2 years. Earnings are forecast to grow by 79% in the next 2 years. Declared Dividend • Dec 15
Dividend of JP¥20.00 announced Shareholders will receive a dividend of JP¥20.00. Ex-date: 28th April 2026 Payment date: 14th July 2026 Dividend yield will be 0.7%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 18%. Cash payout ratio: 22%. Buy Or Sell Opportunity • Oct 03
Now 22% overvalued Over the last 90 days, the stock has fallen 2.1% to JP¥2,879. The fair value is estimated to be JP¥2,367, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last year. Earnings per share has grown by 21%. Revenue is forecast to grow by 52% in 2 years. Earnings are forecast to grow by 79% in the next 2 years. Reported Earnings • Sep 15
First quarter 2026 earnings released: EPS: JP¥19.57 (vs JP¥20.61 in 1Q 2025) First quarter 2026 results: EPS: JP¥19.57 (down from JP¥20.61 in 1Q 2025). Revenue: JP¥3.01b (up 19% from 1Q 2025). Net income: JP¥377.0m (down 4.9% from 1Q 2025). Profit margin: 13% (down from 16% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan. Reported Earnings • Aug 02
Full year 2025 earnings released: EPS: JP¥85.14 (vs JP¥63.21 in FY 2024) Full year 2025 results: EPS: JP¥85.14 (up from JP¥63.21 in FY 2024). Revenue: JP¥11.1b (up 32% from FY 2024). Net income: JP¥1.64b (up 35% from FY 2024). Profit margin: 15% (in line with FY 2024). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jun 13
Full year 2025 earnings released: EPS: JP¥85.16 (vs JP¥63.21 in FY 2024) Full year 2025 results: EPS: JP¥85.16 (up from JP¥63.21 in FY 2024). Revenue: JP¥11.1b (up 32% from FY 2024). Net income: JP¥1.64b (up 35% from FY 2024). Profit margin: 15% (in line with FY 2024). Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 12
Smaregi, Inc., Annual General Meeting, Jul 29, 2025 Smaregi, Inc., Annual General Meeting, Jul 29, 2025. Announcement • Jun 04
Podobas Global Investments completed the acquisition of 5.08% stake in Smaregi, Inc. (TSE:4431). Podobas Global Investments acquired 5.08% stake in Smaregi, Inc. (TSE:4431) on June 4, 2025.
Podobas Global Investments completed the acquisition of 5.08% stake in Smaregi, Inc. (TSE:4431) on June 4, 2025. Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥2,608, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 22x in the Software industry in Japan. Total returns to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,412 per share. New Risk • Dec 16
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 7.7% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥2,691, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 20x in the Software industry in Japan. Total loss to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,503 per share. Buy Or Sell Opportunity • Aug 06
Now 23% overvalued Over the last 90 days, the stock has fallen 19% to JP¥1,873. The fair value is estimated to be JP¥1,517, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last year. Earnings per share has grown by 37%. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings are also forecast to grow by 18% per annum over the same time period. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥1,951, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 20x in the Software industry in Japan. Total loss to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,514 per share. Announcement • Aug 01
Smaregi, Inc. Announces Change in Representative Director Smaregi, Inc. announce that at its board meeting, the following decisions were made regarding the changes in the representative members of the board. Changes in Representative Directors (Effective July 29, 2024): Hiroshi Yamamoto appointed as Hiroshi Yamamoto and Former Position is Representative Director. Ryuhei Miyazaki as Representative Director and his Former Position is Director. Ryuhei Miyazaki born on January 15, 1987. Career Summary: November 2007: Joined aiosl technology Co. Ltd. January 2011: Joined Smaregi, Inc. as Development Section Manager January 2017: Head of Development Department July 2019: Director (current). Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥2,265, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 20x in the Software industry in Japan. Total loss to shareholders of 32% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,339 per share. Announcement • Jun 15
Smaregi, Inc., Annual General Meeting, Jul 29, 2024 Smaregi, Inc., Annual General Meeting, Jul 29, 2024. Buy Or Sell Opportunity • May 31
Now 21% overvalued Over the last 90 days, the stock has fallen 9.4% to JP¥2,099. The fair value is estimated to be JP¥1,741, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 40% over the last year. Earnings per share has grown by 68%. Revenue is forecast to grow by 42% in 2 years. Earnings are forecast to grow by 35% in the next 2 years. Announcement • Apr 02
Smaregi, Inc. to Report Fiscal Year 2024 Results on Jun 13, 2024 Smaregi, Inc. announced that they will report fiscal year 2024 results on Jun 13, 2024 Reported Earnings • Mar 31
Third quarter 2024 earnings released: EPS: JP¥16.58 (vs JP¥8.86 in 3Q 2023) Third quarter 2024 results: EPS: JP¥16.58 (up from JP¥8.86 in 3Q 2023). Revenue: JP¥2.10b (up 37% from 3Q 2023). Net income: JP¥318.4m (up 88% from 3Q 2023). Profit margin: 15% (up from 11% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan. Announcement • Dec 31
Smaregi, Inc. to Report Q3, 2024 Results on Mar 15, 2024 Smaregi, Inc. announced that they will report Q3, 2024 results on Mar 15, 2024 Announcement • Dec 13
Smaregi, Inc. Revises Non-Consolidated Earning Guidance for the Fiscal Year Ending April 30, 2024 Smaregi, Inc. revised non-consolidated earning guidance for the fiscal year ending April 30, 2024. For the period, the company expects net sales of JPY 8,012 million, operating profit of JPY 1,303 million, net income of JPY 884 million and basic earnings per share of JPY 46.17. New Risk • Oct 18
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 7.5% 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. This is currently the only risk that has been identified for the company. Announcement • Sep 30
Smaregi, Inc. to Report Q2, 2024 Results on Dec 13, 2023 Smaregi, Inc. announced that they will report Q2, 2024 results on Dec 13, 2023 Announcement • Jun 28
Smaregi, Inc. to Report Q1, 2024 Results on Sep 13, 2023 Smaregi, Inc. announced that they will report Q1, 2024 results on Sep 13, 2023 Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥2,296, the stock trades at a forward P/E ratio of 63x. Average forward P/E is 33x in the Software industry in Japan. Total returns to shareholders of 30% over the past three years. Announcement • Jun 14
Smaregi, Inc. Provides Earning Guidance for the Fiscal Year Ending April 30, 2024 Smaregi, Inc. provided earning guidance for the fiscal year ending April 30, 2024. For the period, the company expects net sales of JPY 7,688 million, operating profit of JPY 914 million, ordinary profit of JPY 914 million, net income of JPY 636 million and basic earnings per share of JPY 33.24. Announcement • Jun 13
Smaregi, Inc., Annual General Meeting, Jul 27, 2023 Smaregi, Inc., Annual General Meeting, Jul 27, 2023. Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥2,005, the stock trades at a forward P/E ratio of 71x. Average forward P/E is 25x in the Software industry in Japan. Total returns to shareholders of 4.2% over the past three years. Announcement • Dec 29
Smaregi, Inc. Provides Non Consolidated Earnings Guidance for Year Ending April 30, 2023 Smaregi, Inc. provided non consolidated earnings guidance for year ending April 30, 2023. For the period, the company expects Net sales of JPY 5,593 million, Operating profit of JPY 651 million, Net income of JPY 403 million and basing earnings per share of JPY 20.67. Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment improved over the past week After last week's 22% share price gain to JP¥2,037, the stock trades at a forward P/E ratio of 81x. Average forward P/E is 24x in the Software industry in Japan. Total returns to shareholders of 17% over the past three years. Announcement • Dec 21
Smaregi, Inc. to Report Q3, 2023 Results on Mar 15, 2023 Smaregi, Inc. announced that they will report Q3, 2023 results on Mar 15, 2023 Announcement • Dec 15
Smaregi, Inc. Provides Earnings Guidance for Year Ending April 30, 2023 Smaregi, Inc. provided earnings guidance for year ending April 30, 2023. For the period, the company expects Net sales of JPY 5,593 million, Operating profit of JPY 651 million, Net income of JPY 403 million and basing earnings per share of JPY 20.67. Valuation Update With 7 Day Price Move • Dec 12
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥1,860, the stock trades at a forward P/E ratio of 89x. Average forward P/E is 26x in the Software industry in Japan. Total returns to shareholders of 10% over the past three years. Board Change • Nov 16
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. 4 non-independent directors. Independent Outside Director Shinji Asada was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Oct 26
Investor sentiment improved over the past week After last week's 19% share price gain to JP¥1,383, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 23x in the Software industry in Japan. Total returns to shareholders of 6.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,105 per share. Announcement • Sep 28
Smaregi, Inc. to Report Q2, 2023 Results on Dec 14, 2022 Smaregi, Inc. announced that they will report Q2, 2023 results on Dec 14, 2022 Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improved over the past week After last week's 23% share price gain to JP¥1,355, the stock trades at a forward P/E ratio of 69x. Average forward P/E is 25x in the Software industry in Japan. Total returns to shareholders of 1.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,255 per share. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improved over the past week After last week's 20% share price gain to JP¥1,306, the stock trades at a forward P/E ratio of 67x. Average forward P/E is 23x in the Software industry in Japan. Total loss to shareholders of 8.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,263 per share. Announcement • Jul 01
Smaregi, Inc. to Report Q1, 2023 Results on Sep 12, 2022 Smaregi, Inc. announced that they will report Q1, 2023 results on Sep 12, 2022 Announcement • Jun 15
Smaregi, Inc., Annual General Meeting, Jul 28, 2022 Smaregi, Inc., Annual General Meeting, Jul 28, 2022. Announcement • Jun 14
Smaregi, Inc. (TSE:4431) announces an Equity Buyback for 390,000 shares, representing 2% for ¥500 million. Smaregi, Inc. (TSE:4431) announces a share repurchase program. Under the program, the company will repurchase 390,000 shares, representing 2% of its share capital for ¥500 million. The company will repurchase its shares in order to enable the implementation of incentive plans for its officers and employees, and a flexible capital policy in response to changes in the business environment. As of April 30, 2022, the company had 19,502,963 shares outstanding (excluding treasury shares) and 130,037 shares in treasury. Board Change • Apr 27
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. 4 non-independent directors. Independent Outside Director Shinji Asada was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 08
Smaregi, Inc. to Report Fiscal Year 2022 Results on Jun 13, 2022 Smaregi, Inc. announced that they will report fiscal year 2022 results on Jun 13, 2022 Price Target Changed • Mar 18
Price target decreased to JP¥2,300 Down from JP¥3,000, the current price target is an average from 2 analysts. New target price is 74% above last closing price of JP¥1,324. Stock is down 54% over the past year. The company is forecast to post earnings per share of JP¥27.06 for next year compared to JP¥14.05 last year. Price Target Changed • Dec 16
Price target decreased to JP¥3,200 Down from JP¥3,825, the current price target is provided by 1 analyst. New target price is 28% above last closing price of JP¥2,500. Stock is down 6.0% over the past year. The company is forecast to post earnings per share of JP¥27.06 for next year compared to JP¥14.05 last year. Price Target Changed • Sep 15
Price target increased to JP¥3,825 Up from JP¥3,175, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥3,700. Stock is up 123% over the past year. Announcement • Dec 27
Smaregi, Inc. to Report Q3, 2021 Results on Mar 12, 2021 Smaregi, Inc. announced that they will report Q3, 2021 results on Mar 12, 2021 Is New 90 Day High Low • Dec 24
New 90-day high: JP¥5,450 The company is up 70% from its price of JP¥3,200 on 25 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 Software industry, which is up 2.0% over the same period. Is New 90 Day High Low • Dec 01
New 90-day high: JP¥5,420 The company is up 43% from its price of JP¥3,780 on 02 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 Software industry, which is up 2.0% over the same period. Price Target Changed • Dec 01
Price target raised to JP¥4,700 Up from JP¥3,700, the current price target is provided by 1 analyst. The new target price is 13% below the current share price of JP¥5,420. As of last close, the stock is up 80% over the past year. Announcement • Oct 04
Smaregi, Inc. to Report Q2, 2021 Results on Dec 11, 2020 Smaregi, Inc. announced that they will report Q2, 2021 results on Dec 11, 2020