New Risk • Jun 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.9b (US$99.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (9.3% net profit margin). Market cap is less than US$100m (JP¥15.9b market cap, or US$99.2m). Upcoming Dividend • May 21
Upcoming dividend of JP¥33.00 per share Eligible shareholders must have bought the stock before 28 May 2026. Payment date: 07 August 2026. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.9%). Announcement • May 10
Japan Process Development Co., Ltd. to Report Fiscal Year 2026 Results on Jul 07, 2026 Japan Process Development Co., Ltd. announced that they will report fiscal year 2026 results on Jul 07, 2026 Announcement • Apr 02
Japan Process Development Co., Ltd. to Report Q3, 2026 Results on Mar 31, 2026 Japan Process Development Co., Ltd. announced that they will report Q3, 2026 results on Mar 31, 2026 New Risk • Apr 02
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: 9.3% Last year net profit margin: 14% 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 Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (9.3% net profit margin). Reported Earnings • Apr 02
Third quarter 2026 earnings released: EPS: JP¥30.95 (vs JP¥80.38 in 3Q 2025) Third quarter 2026 results: EPS: JP¥30.95 (down from JP¥80.38 in 3Q 2025). Revenue: JP¥3.09b (up 16% from 3Q 2025). Net income: JP¥300.0m (down 61% from 3Q 2025). Profit margin: 9.7% (down from 29% 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 31% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Declared Dividend • Feb 06
First half dividend of JP¥33.00 announced Shareholders will receive a dividend of JP¥33.00. Ex-date: 28th May 2026 Payment date: 7th August 2026 Dividend yield will be 3.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (35% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 24% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Dec 30
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 29% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (29% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Dec 27
Second quarter 2026 earnings released: EPS: JP¥30.55 (vs JP¥24.60 in 2Q 2025) Second quarter 2026 results: EPS: JP¥30.55 (up from JP¥24.60 in 2Q 2025). Revenue: JP¥3.08b (up 20% from 2Q 2025). Net income: JP¥296.0m (up 24% from 2Q 2025). Profit margin: 9.6% (in line with 2Q 2025). Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 31% per year. Upcoming Dividend • Nov 20
Upcoming dividend of JP¥33.00 per share Eligible shareholders must have bought the stock before 27 November 2025. Payment date: 04 February 2026. Payout ratio is a comfortable 35% but the company is paying out more than the cash it is generating. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.2%). Announcement • Nov 05
Japan Process Development Co., Ltd. to Report Q2, 2026 Results on Dec 26, 2025 Japan Process Development Co., Ltd. announced that they will report Q2, 2026 results on Dec 26, 2025 Reported Earnings • Oct 02
First quarter 2026 earnings released: EPS: JP¥27.07 (vs JP¥23.37 in 1Q 2025) First quarter 2026 results: EPS: JP¥27.07 (up from JP¥23.37 in 1Q 2025). Revenue: JP¥2.75b (up 15% from 1Q 2025). Net income: JP¥262.0m (up 16% from 1Q 2025). Profit margin: 9.5% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Declared Dividend • Sep 08
Final dividend of JP¥33.00 announced Shareholders will receive a dividend of JP¥33.00. Ex-date: 27th November 2025 Payment date: 4th February 2026 Dividend yield will be 4.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (35% earnings payout ratio) but not covered by cash flows (118% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Sep 02
Full year 2025 earnings released: EPS: JP¥153 (vs JP¥75.51 in FY 2024) Full year 2025 results: EPS: JP¥153 (up from JP¥75.51 in FY 2024). Revenue: JP¥10.5b (up 11% from FY 2024). Net income: JP¥1.48b (up 102% from FY 2024). Profit margin: 14% (up from 7.7% in FY 2024). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • Jul 31
Japan Process Development Co., Ltd. to Report Q1, 2026 Results on Sep 30, 2025 Japan Process Development Co., Ltd. announced that they will report Q1, 2026 results on Sep 30, 2025 Reported Earnings • Jul 14
Full year 2025 earnings released: EPS: JP¥153 (vs JP¥75.51 in FY 2024) Full year 2025 results: EPS: JP¥153 (up from JP¥75.51 in FY 2024). Revenue: JP¥10.5b (up 11% from FY 2024). Net income: JP¥1.48b (up 102% from FY 2024). Profit margin: 14% (up from 7.7% in FY 2024). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • May 22
Upcoming dividend of JP¥28.00 per share Eligible shareholders must have bought the stock before 29 May 2025. Payment date: 08 August 2025. Payout ratio is a comfortable 31% and the cash payout ratio is 77%. Trailing yield: 3.7%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.3%). Announcement • May 08
Japan Process Development Co., Ltd. to Report Fiscal Year 2025 Results on Jul 10, 2025 Japan Process Development Co., Ltd. announced that they will report fiscal year 2025 results on Jul 10, 2025 Reported Earnings • Apr 02
Third quarter 2025 earnings released: EPS: JP¥80.38 (vs JP¥20.88 in 3Q 2024) Third quarter 2025 results: EPS: JP¥80.38 (up from JP¥20.88 in 3Q 2024). Revenue: JP¥2.66b (up 14% from 3Q 2024). Net income: JP¥778.0m (up 285% from 3Q 2024). Profit margin: 29% (up from 8.6% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 25% per year. Declared Dividend • Feb 05
First half dividend of JP¥26.00 announced Shareholders will receive a dividend of JP¥26.00. Ex-date: 29th May 2025 Payment date: 8th August 2025 Dividend yield will be 3.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (23% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Feb 03
Japan Process Development Co., Ltd. to Report Q3, 2025 Results on Mar 31, 2025 Japan Process Development Co., Ltd. announced that they will report Q3, 2025 results on Mar 31, 2025 Reported Earnings • Dec 28
Second quarter 2025 earnings released: EPS: JP¥24.60 (vs JP¥18.21 in 2Q 2024) Second quarter 2025 results: EPS: JP¥24.60 (up from JP¥18.21 in 2Q 2024). Revenue: JP¥2.57b (up 12% from 2Q 2024). Net income: JP¥238.0m (up 35% from 2Q 2024). Profit margin: 9.2% (up from 7.7% 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 15% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Nov 21
Upcoming dividend of JP¥26.00 per share Eligible shareholders must have bought the stock before 28 November 2024. Payment date: 03 February 2025. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%). Announcement • Oct 30
Japan Process Development Co., Ltd. to Report Q2, 2025 Results on Dec 27, 2024 Japan Process Development Co., Ltd. announced that they will report Q2, 2025 results on Dec 27, 2024 Reported Earnings • Oct 02
First quarter 2025 earnings released: EPS: JP¥23.37 (vs JP¥16.98 in 1Q 2024) First quarter 2025 results: EPS: JP¥23.37 (up from JP¥16.98 in 1Q 2024). Revenue: JP¥2.39b (up 6.2% from 1Q 2024). Net income: JP¥226.0m (up 38% from 1Q 2024). Profit margin: 9.5% (up from 7.3% in 1Q 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 but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Market cap is less than US$100m (JP¥12.4b market cap, or US$88.5m). New Risk • Aug 05
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 6.1% 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 (6.1% average weekly change). Market cap is less than US$100m (JP¥10.9b market cap, or US$76.3m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥1,123, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 62% over the past three years. Announcement • Jul 30
Japan Process Development Co., Ltd. to Report Q1, 2025 Results on Sep 30, 2024 Japan Process Development Co., Ltd. announced that they will report Q1, 2025 results on Sep 30, 2024 Reported Earnings • Jul 11
Full year 2024 earnings released: EPS: JP¥75.51 (vs JP¥70.64 in FY 2023) Full year 2024 results: EPS: JP¥75.51 (up from JP¥70.64 in FY 2023). Revenue: JP¥9.47b (up 6.1% from FY 2023). Net income: JP¥730.0m (up 7.0% from FY 2023). Profit margin: 7.7% (up from 7.6% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 10
Japan Process Development Co., Ltd., Annual General Meeting, Aug 28, 2024 Japan Process Development Co., Ltd., Annual General Meeting, Aug 28, 2024. Buy Or Sell Opportunity • Jul 09
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 12% to JP¥1,170. The fair value is estimated to be JP¥960, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has grown by 11%. Buy Or Sell Opportunity • Jul 01
Now 14% overvalued after recent price rise Over the last 90 days, the stock has risen 4.7% to JP¥1,104. The fair value is estimated to be JP¥965, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has grown by 11%. Buy Or Sell Opportunity • Jun 25
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 9.8% to JP¥1,180. The fair value is estimated to be JP¥969, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has grown by 11%. Announcement • Jun 06
Japan Process Development Co., Ltd. to Report Fiscal Year 2024 Results on Jul 09, 2024 Japan Process Development Co., Ltd. announced that they will report fiscal year 2024 results on Jul 09, 2024 Upcoming Dividend • May 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 May 2024. Payment date: 07 August 2024. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.6%). Reported Earnings • Mar 31
Third quarter 2024 earnings released: EPS: JP¥20.88 (vs JP¥20.60 in 3Q 2023) Third quarter 2024 results: EPS: JP¥20.88 (up from JP¥20.60 in 3Q 2023). Revenue: JP¥2.34b (up 5.1% from 3Q 2023). Net income: JP¥202.0m (up 1.5% from 3Q 2023). Profit margin: 8.6% (down from 8.9% in 3Q 2023). The decrease in margin was driven by higher expenses. 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 9% per year. Announcement • Jan 28
Japan Process Development Co., Ltd. to Report Q3, 2024 Results on Mar 29, 2024 Japan Process Development Co., Ltd. announced that they will report Q3, 2024 results on Mar 29, 2024 Reported Earnings • Dec 29
Second quarter 2024 earnings released: EPS: JP¥18.21 (vs JP¥14.30 in 2Q 2023) Second quarter 2024 results: EPS: JP¥18.21 (up from JP¥14.30 in 2Q 2023). Revenue: JP¥2.29b (up 3.0% from 2Q 2023). Net income: JP¥176.0m (up 28% from 2Q 2023). Profit margin: 7.7% (up from 6.2% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 9% per year. Upcoming Dividend • Nov 22
Upcoming dividend of JP¥18.00 per share at 3.6% yield Eligible shareholders must have bought the stock before 29 November 2023. Payment date: 02 February 2024. Payout ratio is a comfortable 50% but the company is paying out more than the cash it is generating. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%). Announcement • Oct 29
Japan Process Development Co., Ltd. to Report Q2, 2024 Results on Dec 28, 2023 Japan Process Development Co., Ltd. announced that they will report Q2, 2024 results on Dec 28, 2023 Reported Earnings • Sep 30
First quarter 2024 earnings released: EPS: JP¥16.98 (vs JP¥17.63 in 1Q 2023) First quarter 2024 results: EPS: JP¥16.98 (down from JP¥17.63 in 1Q 2023). Revenue: JP¥2.25b (up 8.3% from 1Q 2023). Net income: JP¥164.0m (down 3.5% from 1Q 2023). Profit margin: 7.3% (down from 8.2% in 1Q 2023). The decrease in margin was driven by higher expenses. 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. Announcement • Jul 30
Japan Process Development Co., Ltd. to Report Q1, 2024 Results on Sep 29, 2023 Japan Process Development Co., Ltd. announced that they will report Q1, 2024 results on Sep 29, 2023 Reported Earnings • Jul 08
Full year 2023 earnings released: EPS: JP¥70.64 (vs JP¥55.54 in FY 2022) Full year 2023 results: EPS: JP¥70.64 (up from JP¥55.54 in FY 2022). Revenue: JP¥8.92b (up 12% from FY 2022). Net income: JP¥682.0m (up 28% from FY 2022). Profit margin: 7.6% (up from 6.7% 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 7% per year whereas the company’s share price has increased by 11% per year. Announcement • Jul 07
Japan Process Development Co., Ltd., Annual General Meeting, Aug 25, 2023 Japan Process Development Co., Ltd., Annual General Meeting, Aug 25, 2023. Upcoming Dividend • May 23
Upcoming dividend of JP¥18.00 per share at 3.8% yield Eligible shareholders must have bought the stock before 30 May 2023. Payment date: 08 August 2023. Payout ratio is a comfortable 45% and the cash payout ratio is 93%. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.6%). Reported Earnings • Apr 01
Third quarter 2023 earnings released: EPS: JP¥20.60 (vs JP¥15.09 in 3Q 2022) Third quarter 2023 results: EPS: JP¥20.60 (up from JP¥15.09 in 3Q 2022). Revenue: JP¥2.23b (up 14% from 3Q 2022). Net income: JP¥199.0m (up 38% from 3Q 2022). Profit margin: 8.9% (up from 7.4% 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 6% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 29
Japan Process Development Co., Ltd. to Report Q3, 2023 Results on Mar 31, 2023 Japan Process Development Co., Ltd. announced that they will report Q3, 2023 results on Mar 31, 2023 Reported Earnings • Dec 29
Second quarter 2023 earnings released: EPS: JP¥14.30 (vs JP¥14.15 in 2Q 2022) Second quarter 2023 results: EPS: JP¥14.30 (up from JP¥14.15 in 2Q 2022). Revenue: JP¥2.23b (up 16% from 2Q 2022). Net income: JP¥138.0m (up 2.2% from 2Q 2022). Profit margin: 6.2% (down from 7.0% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Buying Opportunity • Dec 05
Now 20% undervalued Over the last 90 days, the stock is up 2.5%. The fair value is estimated to be JP¥1,023, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 3.9%. Upcoming Dividend • Nov 22
Upcoming dividend of JP¥17.00 per share Eligible shareholders must have bought the stock before 29 November 2022. Payment date: 03 February 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%). 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. 6 non-independent directors. Independent External Director Nobuya Morohoshi was the last independent director to join the board, commencing their role in 2008. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 03
Japan Process Development Co., Ltd. to Report Q2, 2023 Results on Dec 28, 2022 Japan Process Development Co., Ltd. announced that they will report Q2, 2023 results on Dec 28, 2022 Reported Earnings • Oct 02
First quarter 2023 earnings released: EPS: JP¥17.63 (vs JP¥9.30 in 1Q 2022) First quarter 2023 results: EPS: JP¥17.63 (up from JP¥9.30 in 1Q 2022). Revenue: JP¥2.08b (up 18% from 1Q 2022). Net income: JP¥170.0m (up 89% from 1Q 2022). Profit margin: 8.2% (up from 5.1% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Aug 06
Japan Process Development Co., Ltd. to Report Q1, 2023 Results on Sep 30, 2022 Japan Process Development Co., Ltd. announced that they will report Q1, 2023 results on Sep 30, 2022 Reported Earnings • Jul 10
Full year 2022 earnings released: EPS: JP¥55.54 (vs JP¥56.26 in FY 2021) Full year 2022 results: EPS: JP¥55.54 (down from JP¥56.26 in FY 2021). Revenue: JP¥7.95b (up 4.0% from FY 2021). Net income: JP¥532.0m (down 2.2% from FY 2021). Profit margin: 6.7% (down from 7.1% 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 3% per year and the company’s share price has also increased by 3% per year. Upcoming Dividend • May 23
Upcoming dividend of JP¥19.00 per share Eligible shareholders must have bought the stock before 30 May 2022. Payment date: 10 August 2022. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%). 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. 7 non-independent directors. Independent External Director Nobuya Morohoshi was the last independent director to join the board, commencing their role in 2008. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 03
Third quarter 2022 earnings released: EPS: JP¥15.09 (vs JP¥15.71 in 3Q 2021) Third quarter 2022 results: EPS: JP¥15.09 (down from JP¥15.71 in 3Q 2021). Revenue: JP¥1.96b (up 1.4% from 3Q 2021). Net income: JP¥144.0m (down 5.3% from 3Q 2021). Profit margin: 7.4% (down from 7.9% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 1% per year. Reported Earnings • Dec 29
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: JP¥14.15 (up from JP¥13.34 in 2Q 2021). Revenue: JP¥1.92b (up 7.2% from 2Q 2021). Net income: JP¥135.0m (up 4.7% from 2Q 2021). Profit margin: 7.0% (down from 7.2% 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 9% per year whereas the company’s share price has increased by 6% per year. Announcement • Dec 28
Japan Process Development Co., Ltd. Provides Earnings Guidance for the Year Ending May 2022 Japan Process Development Co., Ltd. provided earnings guidance for the year ending May 2022. For the year, the company expects net sales of ¥7,870 million, an Operating profit of ¥705 million, Profit attributable to owners of the parent of ¥500 million or ¥52.22 basic earnings per share. Upcoming Dividend • Nov 22
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 29 November 2021. Payment date: 04 February 2022. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.2%). Reported Earnings • Oct 01
First quarter 2022 earnings released: EPS JP¥9.30 (vs JP¥10.98 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¥1.76b (up 12% from 1Q 2021). Net income: JP¥90.0m (down 15% from 1Q 2021). Profit margin: 5.1% (down from 6.7% in 1Q 2021). The decrease in margin was driven by higher expenses. 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 1% per year, which means it is significantly lagging earnings growth. Announcement • Sep 01
Japan Process Development Co., Ltd. (JASDAQ:9651) announces an Equity Buyback for 180,000 shares, representing 1.86% for ¥141.3 million. Japan Process Development Co., Ltd. (JASDAQ:9651) announces a share repurchase program. Under the program, the company will repurchase 180,000 shares, representing 1.86% of the outstanding shares for ¥141.3 million. The shares will be repurchased at a price of ¥785 per share. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment, and to improve shareholder returns. The program will expire on August 31, 2021. As of August 30, 2021, the company had 9,676,515 shares outstanding and 968,505 shares in treasury.