New Risk • Jul 03
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 6.5% 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. Price Target Changed • Jul 03
Price target increased by 8.7% to JP¥2,500 Up from JP¥2,300, the current price target is an average from 2 analysts. New target price is 8.0% below last closing price of JP¥2,718. Stock is up 23% over the past year. The company is forecast to post earnings per share of JP¥94.65 for next year compared to JP¥83.83 last year. Buy Or Sell Opportunity • Jul 02
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 18% to JP¥2,376. The fair value is estimated to be JP¥1,974, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last 3 years. Earnings per share has grown by 8.7%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 28% in the next 2 years. Announcement • Jun 27
Dentsu Soken Inc. to Report Q2, 2026 Results on Jul 29, 2026 Dentsu Soken Inc. announced that they will report Q2, 2026 results on Jul 29, 2026 Upcoming Dividend • Jun 22
Upcoming dividend of JP¥22.50 per share Eligible shareholders must have bought the stock before 29 June 2026. Payment date: 01 September 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.9%). Higher than average of industry peers (2.0%). Board Change • May 07
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Managing Executive Officer of Business Management & Director Makoto Senoo was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 29
First quarter 2026 earnings: Revenues and EPS in line with analyst expectations First quarter 2026 results: EPS: JP¥23.81 (up from JP¥21.05 in 1Q 2025). Revenue: JP¥43.8b (up 8.9% from 1Q 2025). Net income: JP¥4.65b (up 13% from 1Q 2025). Profit margin: 11% (in line with 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 10% per year. Price Target Changed • Apr 21
Price target decreased by 9.2% to JP¥2,150 Down from JP¥2,367, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of JP¥2,206. Stock is up 5.7% over the past year. The company is forecast to post earnings per share of JP¥92.97 for next year compared to JP¥83.83 last year. Declared Dividend • Apr 11
Final dividend of JP¥22.50 announced Shareholders will receive a dividend of JP¥22.50. Ex-date: 29th June 2026 Payment date: 1st September 2026 Dividend yield will be 2.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not covered by earnings (143% earnings payout ratio). However, it is covered by cash flows (54% cash payout ratio). The dividend has increased by an average of 25% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 59% to bring the payout ratio under control. EPS is expected to grow by 39% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Announcement • Mar 24
Dentsu Soken Inc. to Report Q1, 2026 Results on Apr 28, 2026 Dentsu Soken Inc. announced that they will report Q1, 2026 results at 3:30 PM, Tokyo Standard Time on Apr 28, 2026 Board Change • Mar 03
High number of new directors Outside Independent Director Reiko Yasue was the last director to join the board, commencing their role in 2025. Announcement • Feb 12
Dentsu Soken Inc., Annual General Meeting, Mar 23, 2026 Dentsu Soken Inc., Annual General Meeting, Mar 23, 2026. Announcement • Dec 19
Dentsu Soken Inc. to Report Fiscal Year 2025 Results on Feb 12, 2026 Dentsu Soken Inc. announced that they will report fiscal year 2025 results on Feb 12, 2026 Price Target Changed • Nov 27
Price target increased by 7.8% to JP¥7,833 Up from JP¥7,267, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of JP¥7,900. Stock is up 45% over the past year. The company is forecast to post earnings per share of JP¥255 for next year compared to JP¥232 last year. Reported Earnings • Oct 31
Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2025 results: EPS: JP¥61.97 (up from JP¥43.43 in 3Q 2024). Revenue: JP¥40.9b (up 7.7% from 3Q 2024). Net income: JP¥4.03b (up 43% from 3Q 2024). Profit margin: 9.9% (up from 7.4% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) exceeded analyst estimates by 13%. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Oct 22
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 13% to JP¥6,960. The fair value is estimated to be JP¥5,785, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has grown by 9.2%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 30% in the next 2 years. Price Target Changed • Sep 17
Price target increased by 7.7% to JP¥7,267 Up from JP¥6,750, the current price target is an average from 3 analysts. New target price is 11% above last closing price of JP¥6,550. Stock is up 18% over the past year. The company is forecast to post earnings per share of JP¥252 for next year compared to JP¥232 last year. Declared Dividend • Sep 02
First half dividend of JP¥58.00 announced Shareholders will receive a dividend of JP¥58.00. Ex-date: 29th December 2025 Payment date: 25th March 2026 Dividend yield will be 1.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 25% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 42% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Aug 04
Dentsu Soken Inc. to Report Q3, 2025 Results on Oct 30, 2025 Dentsu Soken Inc. announced that they will report Q3, 2025 results on Oct 30, 2025 Reported Earnings • Jul 31
Second quarter 2025 earnings released: EPS: JP¥54.92 (vs JP¥48.10 in 2Q 2024) Second quarter 2025 results: EPS: JP¥54.92 (up from JP¥48.10 in 2Q 2024). Revenue: JP¥40.0b (up 7.7% from 2Q 2024). Net income: JP¥3.58b (up 14% from 2Q 2024). Profit margin: 8.9% (up from 8.4% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 13% per year. Buy Or Sell Opportunity • Jul 30
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 10% to JP¥6,370. The fair value is estimated to be JP¥5,185, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 30% in the next 2 years. Upcoming Dividend • Jun 20
Upcoming dividend of JP¥58.00 per share Eligible shareholders must have bought the stock before 27 June 2025. Payment date: 02 September 2025. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.2%). Buy Or Sell Opportunity • Jun 11
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 3.1% to JP¥6,700. The fair value is estimated to be JP¥5,555, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 32% in the next 2 years. Buy Or Sell Opportunity • May 12
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 7.5% to JP¥6,870. The fair value is estimated to be JP¥5,667, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 32% in the next 2 years. Valuation Update With 7 Day Price Move • May 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥6,670, 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 75% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥5,668 per share. Announcement • May 03
Dentsu Soken Inc. to Report Q2, 2025 Results on Jul 30, 2025 Dentsu Soken Inc. announced that they will report Q2, 2025 results on Jul 30, 2025 Reported Earnings • May 01
First quarter 2025 earnings released: EPS: JP¥63.14 (vs JP¥63.29 in 1Q 2024) First quarter 2025 results: EPS: JP¥63.14 (down from JP¥63.29 in 1Q 2024). Revenue: JP¥40.2b (up 8.5% from 1Q 2024). Net income: JP¥4.11b (flat on 1Q 2024). Profit margin: 10% (in line with 1Q 2024). Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 14% per year. Declared Dividend • Apr 11
Final dividend of JP¥58.00 announced Shareholders will receive a dividend of JP¥58.00. Ex-date: 27th June 2025 Payment date: 2nd September 2025 Dividend yield will be 1.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 25% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Board Change • Apr 08
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Outside Independent Director Reiko Yasue was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • Apr 08
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 4.3% to JP¥5,870. The fair value is estimated to be JP¥4,823, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 8.8% per annum. Earnings are also forecast to grow by 12% per annum over the same time period. Reported Earnings • Mar 27
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: JP¥232 (up from JP¥225 in FY 2023). Revenue: JP¥152.6b (up 7.0% from FY 2023). Net income: JP¥15.1b (up 3.1% from FY 2023). Profit margin: 9.9% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.2%. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the IT industry in Japan. 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 • Mar 25
Dentsu Soken Inc. to Report Q1, 2025 Results on Apr 30, 2025 Dentsu Soken Inc. announced that they will report Q1, 2025 results at 3:30 PM, Tokyo Standard Time on Apr 30, 2025 Price Target Changed • Feb 26
Price target increased by 11% to JP¥7,533 Up from JP¥6,775, the current price target is an average from 3 analysts. New target price is 24% above last closing price of JP¥6,080. Stock is up 12% over the past year. The company is forecast to post earnings per share of JP¥260 for next year compared to JP¥232 last year. Reported Earnings • Feb 13
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: JP¥232 (up from JP¥225 in FY 2023). Revenue: JP¥152.6b (up 7.0% from FY 2023). Net income: JP¥15.1b (up 3.1% from FY 2023). Profit margin: 9.9% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.2%. Revenue is forecast to grow 8.7% 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 increased by 14% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 12
Dentsu Soken Inc., Annual General Meeting, Mar 24, 2025 Dentsu Soken Inc., Annual General Meeting, Mar 24, 2025. Announcement • Jan 30
Dentsu Soken Inc. Revises Earnings Guidance for the Fiscal Year Ending December 31, 2024 Dentsu Soken Inc. revised earnings guidance for the fiscal year ending December 31, 2024. For the period, the company revised Net sales from JPY 152,000 million to JPY 152,642 million, Operating profit from JPY 20,000 million to JPY 21,039 million. Net profit from JPY 14,000 million to JPY 15,117 million. Net profit per Share from JPY 215.14 to JPY 232.32. Reasons for the Revision: Net sales are expected to exceed the forecast in both the Business Solutions segment and the Manufacturing Solutions segment. Regarding profits, due to the effects of increased sales and an increase in the gross profit margin, all stages of profit are expected to exceed the previous forecast. Upcoming Dividend • Dec 20
Upcoming dividend of JP¥54.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 25 March 2025. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%). Announcement • Dec 04
Dentsu Soken Inc. to Report Fiscal Year 2024 Results on Feb 12, 2025 Dentsu Soken Inc. announced that they will report fiscal year 2024 results on Feb 12, 2025 Major Estimate Revision • Nov 20
Consensus EPS estimates fall by 14% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥156.1b to JP¥152.0b. EPS estimate also fell from JP¥251 per share to JP¥215 per share. Net income forecast to grow 14% next year vs 16% growth forecast for IT industry in Japan. Consensus price target down from JP¥6,867 to JP¥6,575. Share price fell 3.7% to JP¥5,250 over the past week. Reported Earnings • Nov 02
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: EPS: JP¥43.43 (down from JP¥52.13 in 3Q 2023). Revenue: JP¥38.0b (up 7.3% from 3Q 2023). Net income: JP¥2.83b (down 17% from 3Q 2023). Profit margin: 7.4% (down from 9.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) also missed analyst estimates by 32%. Revenue is forecast to grow 9.0% 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 17% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Aug 28
Now 20% undervalued Over the last 90 days, the stock has risen 16% to JP¥5,920. The fair value is estimated to be JP¥7,446, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 38% in the next 2 years. Announcement • Aug 05
Dentsu Soken Inc. to Report Q3, 2024 Results on Oct 31, 2024 Dentsu Soken Inc. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 02
Second quarter 2024 earnings released: EPS: JP¥48.10 (vs JP¥55.46 in 2Q 2023) Second quarter 2024 results: EPS: JP¥48.10 (down from JP¥55.46 in 2Q 2023). Revenue: JP¥37.1b (up 5.9% from 2Q 2023). Net income: JP¥3.13b (down 13% from 2Q 2023). Profit margin: 8.4% (down from 10% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the IT industry in Japan. 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 11% per year, which means it is significantly lagging earnings growth. Declared Dividend • Aug 02
First half dividend of JP¥54.00 announced Shareholders will receive a dividend of JP¥54.00. Ex-date: 27th December 2024 Payment date: 25th March 2025 Dividend yield will be 2.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (25% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 52% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Upcoming Dividend • Jun 20
Upcoming dividend of JP¥54.00 per share Eligible shareholders must have bought the stock before 27 June 2024. Payment date: 02 September 2024. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.6%). Announcement • Jun 13
Dentsu Soken Inc. to Report Q2, 2024 Results on Jul 31, 2024 Dentsu Soken Inc. announced that they will report Q2, 2024 results on Jul 31, 2024 Reported Earnings • Apr 28
First quarter 2024 earnings: EPS misses analyst expectations First quarter 2024 results: EPS: JP¥63.29 (up from JP¥58.97 in 1Q 2023). Revenue: JP¥37.1b (up 6.7% from 1Q 2023). Net income: JP¥4.12b (up 7.3% from 1Q 2023). Profit margin: 11% (in line with 1Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.1%. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the IT 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 8% per year, which means it is significantly lagging earnings growth. Announcement • Apr 28
Dentsu Soken Inc. Provides Dividend Guidance for the End of Second Quarter of Fiscal Year Ending December 31, 2024 Dentsu Soken Inc. provided dividend guidance for the end of second quarter of fiscal year ending December 31, 2024. For the end of second quarter, the company expects to pay ¥54.00 per share compared to ¥44.00 per share for the same period last year. Declared Dividend • Apr 11
Final dividend of JP¥54.00 announced Shareholders will receive a dividend of JP¥54.00. Ex-date: 27th June 2024 Payment date: 2nd September 2024 Dividend yield will be 2.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (44% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 28
Full year 2023 earnings: Revenues and EPS in line with analyst expectations Full year 2023 results: EPS: JP¥225 (up from JP¥194 in FY 2022). Revenue: JP¥142.6b (up 11% from FY 2022). Net income: JP¥14.7b (up 16% from FY 2022). Profit margin: 10% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the IT industry in Japan. 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 8% per year, which means it is significantly lagging earnings growth. Announcement • Mar 24
Dentsu Soken Inc. to Report Q1, 2024 Results on Apr 26, 2024 Dentsu Soken Inc. announced that they will report Q1, 2024 results on Apr 26, 2024 Announcement • Feb 16
Dentsu Soken Inc. Proposes Dividend for the Year Ended December 31, 2023; Provides Dividend Guidance for the End of 2nd Quarter of Fiscal Year Ending December 31, 2024 Dentsu Soken Inc. announced that its Board of Directors resolved regarding the payment of dividends from surplus with a date of record of December 31, 2023. The matter will be submitted to the 49th General Meeting of Shareholders scheduled to be held on March 22, 2024. The Company planned to pay a year-end dividend of ¥47 per share. However, based on the consolidated results for the fiscal year under review, the Company increased the dividend by ¥9 from the most recent forecast to ¥56 per share, an increase of ¥11 from the previous fiscal year. Effective date: March 22, 2024. The company provided dividend guidance for the end of 2nd quarter of fiscal year ending December 31, 2024. For the end of 2nd quarter, the company expects to pay ¥54.00 per share. Reported Earnings • Feb 16
Full year 2023 earnings: Revenues and EPS in line with analyst expectations Full year 2023 results: EPS: JP¥225 (up from JP¥194 in FY 2022). Revenue: JP¥142.6b (up 11% from FY 2022). Net income: JP¥14.7b (up 16% from FY 2022). Profit margin: 10% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the IT industry in Japan. 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 12% per year, which means it is significantly lagging earnings growth. Announcement • Feb 14
Dentsu Soken Inc. Provides Year-End Dividend Guidance for the Fiscal Year Ending December 31, 2024 Dentsu Soken Inc. provided year-end dividend guidance for the fiscal year ending December 31, 2024. For the year, the company expects to pay year-end dividend of ¥54.00 per share compared to ¥56.00 per share for the same period last year. Upcoming Dividend • Dec 21
Upcoming dividend of JP¥47.00 per share at 1.6% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 27 March 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (1.5%). Announcement • Dec 05
Information Services International-Dentsu, Ltd. to Report Fiscal Year 2023 Results on Feb 14, 2024 Information Services International-Dentsu, Ltd. announced that they will report fiscal year 2023 results on Feb 14, 2024 Buying Opportunity • Dec 01
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 17%. The fair value is estimated to be JP¥6,140, 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 grown by 25%. For the next 3 years, revenue is forecast to grow by 8.2% per annum. Earnings is also forecast to grow by 13% per annum over the same time period. Announcement • Nov 30
Information Services International-Dentsu, Ltd., Annual General Meeting, Mar 22, 2024 Information Services International-Dentsu, Ltd., Annual General Meeting, Mar 22, 2024. Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: JP¥52.13 (vs JP¥39.13 in 3Q 2022) Third quarter 2023 results: EPS: JP¥52.13 (up from JP¥39.13 in 3Q 2022). Revenue: JP¥35.4b (up 9.5% from 3Q 2022). Net income: JP¥3.39b (up 33% from 3Q 2022). Profit margin: 9.6% (up from 7.9% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the IT industry in Japan. 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 17% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Oct 26
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 1.1%. The fair value is estimated to be JP¥6,321, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.9% over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 8.2% per annum. Earnings is also forecast to grow by 13% per annum over the same time period. Price Target Changed • Aug 09
Price target increased by 7.1% to JP¥6,567 Up from JP¥6,133, the current price target is an average from 3 analysts. New target price is 18% above last closing price of JP¥5,580. Stock is up 24% over the past year. The company is forecast to post earnings per share of JP¥230 for next year compared to JP¥194 last year. Announcement • Aug 03
Information Services International-Dentsu, Ltd. to Report Q3, 2023 Results on Oct 31, 2023 Information Services International-Dentsu, Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023 Reported Earnings • Aug 01
Second quarter 2023 earnings: EPS in line with analyst expectations despite revenue beat Second quarter 2023 results: EPS: JP¥55.46 (up from JP¥46.00 in 2Q 2022). Revenue: JP¥35.1b (up 11% from 2Q 2022). Net income: JP¥3.61b (up 21% from 2Q 2022). Profit margin: 10% (in line with 2Q 2022). Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year and the company’s share price has also increased by 24% per year. Announcement • Jul 23
Information Services International-Dentsu, Ltd. Revises Earnings Guidance for the Fiscal Year Ending December 31, 2023 Information Services International-Dentsu, Ltd. revised earnings guidance for the fiscal year ending December 31, 2023. For the period, the company revised Net sales from JPY 67,130 million to JPY 69,849 million, Operating profit from JPY 9,730 million to JPY 10,652 million. Net profit from JPY 6,684 million to JPY 7,446 million. Net profit per Share from JPY 102.73 to JPY 114.44. Price Target Changed • Jul 14
Price target increased by 9.5% to JP¥6,133 Up from JP¥5,600, the current price target is an average from 3 analysts. New target price is 15% above last closing price of JP¥5,350. Stock is up 25% over the past year. The company is forecast to post earnings per share of JP¥227 for next year compared to JP¥194 last year. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥44.00 per share at 1.6% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 01 September 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (1.6%). Announcement • May 28
Information Services International-Dentsu, Ltd. to Report Q2, 2023 Results on Jul 31, 2023 Information Services International-Dentsu, Ltd. announced that they will report Q2, 2023 results on Jul 31, 2023 Board Change • Apr 16
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Senior MD, Manager of Communication IT Business Department & Director Shinichi Ogane was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 29
Full year 2022 earnings: Revenues exceed analyst expectations Full year 2022 results: Revenue: JP¥129.1b (up 15% from FY 2021). Net income: JP¥12.6b (up 41% from FY 2021). Profit margin: 9.8% (up from 8.0% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.2%. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the IT industry in Japan. Price Target Changed • Mar 14
Price target increased by 7.2% to JP¥5,967 Up from JP¥5,567, the current price target is an average from 3 analysts. New target price is 25% above last closing price of JP¥4,760. Stock is up 32% over the past year. The company is forecast to post earnings per share of JP¥229 for next year compared to JP¥194 last year. Reported Earnings • Feb 12
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: JP¥194 (up from JP¥137 in FY 2021). Revenue: JP¥129.1b (up 15% from FY 2021). Net income: JP¥12.6b (up 41% from FY 2021). Profit margin: 9.8% (up from 8.0% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) missed analyst estimates by 3.6%. Revenue is forecast to grow 4.4% 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 24% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • Feb 11
Information Services International-Dentsu, Ltd. Provides Consolidated Earnings Guidance for the First Half of 2023 and Full Year Ending December 31, 2023 Information Services International-Dentsu, Ltd. provided consolidated earnings guidance for the first half of 2023 and full year ending December 31, 2023. For the first half, the company expects net sales of ¥67,130 million, operating profit of ¥9,730 million, profit of ¥6,684 million and EPS of ¥102.73.For the year, the company expects net sales of ¥137,000 million, operating profit of ¥20,000 million, profit of ¥14,000 million and EPS of ¥215.16. Announcement • Feb 10
Information Services International-Dentsu, Ltd. Declares Dividend for the Fourth Quarter Ended December 31, 2022, Payable on March 27, 2023; Provides Dividend Guidance for the Second Quarter of 2023 Information Services International-Dentsu, Ltd. declared a dividend of ¥45.00 per share for the fourth quarter ended December 31, 2022. The dividend payable on March 27, 2023.For the second quarter, the company expects to pay dividend of ¥44.00 against ¥33.00 paid last year.