Buy Or Sell Opportunity • Jun 01
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 18% to JP¥1,031. The fair value is estimated to be JP¥1,361, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.8% over the last 3 years. Earnings per share has grown by 17%. Buy Or Sell Opportunity • May 13
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to JP¥1,085. The fair value is estimated to be JP¥1,363, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.8% over the last 3 years. Earnings per share has grown by 17%. Reported Earnings • May 12
Full year 2026 earnings released: EPS: JP¥217 (vs JP¥220 in FY 2025) Full year 2026 results: EPS: JP¥217 (down from JP¥220 in FY 2025). Revenue: JP¥31.6b (down 8.8% from FY 2025). Net income: JP¥6.46b (down 2.3% from FY 2025). Profit margin: 21% (up from 19% in FY 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • May 11
FTGroup Co., Ltd., Annual General Meeting, Jun 23, 2026 FTGroup Co., Ltd., Annual General Meeting, Jun 23, 2026. Announcement • May 09
FTGroup Co., Ltd. to Report Fiscal Year 2026 Results on May 11, 2026 FTGroup Co., Ltd. announced that they will report fiscal year 2026 results on May 11, 2026 Announcement • Apr 01
Hikari Tsushin, Inc. (TSE:9435) entered into a share exchange agreement to acquire remaining 27.40% stake in FTGroup Co., Ltd. (TSE:2763) from a group of shareholders for ¥14.4 billion. Hikari Tsushin, Inc. (TSE:9435) entered into a share exchange agreement to acquire remaining 27.40% stake in FTGroup Co., Ltd. (TSE:2763) from a group of shareholders for ¥14.4 billion on March 31, 2026. The consideration consists of ¥14.44 billion based on 0.36 million common equity of Hikari Tsushin, Inc. at a ratio of 0.03 per common equity of FTGroup Co., Ltd. As part of consideration, ¥14.44 billion is paid towards common equity of FTGroup Co., Ltd. Upon completion, Hikari Tsushin, Inc. will own 100% stake in FTGroup Co., Ltd.
The transaction is subject to approval of offer by FTGroup Co., Ltd. shareholders. The expected completion of the transaction is August 1, 2026. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Declared Dividend • Mar 08
Dividend of JP¥30.00 announced Shareholders will receive a dividend of JP¥30.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 3.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (19% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 9.0% 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 8.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 11
Third quarter 2026 earnings released: EPS: JP¥50.36 (vs JP¥46.34 in 3Q 2025) Third quarter 2026 results: EPS: JP¥50.36 (up from JP¥46.34 in 3Q 2025). Revenue: JP¥7.80b (down 6.4% from 3Q 2025). Net income: JP¥1.50b (up 7.8% from 3Q 2025). Profit margin: 19% (up from 17% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Dec 13
FTGroup Co., Ltd. to Report Q3, 2026 Results on Feb 10, 2026 FTGroup Co., Ltd. announced that they will report Q3, 2026 results on Feb 10, 2026 Reported Earnings • Nov 12
Second quarter 2026 earnings released: EPS: JP¥45.78 (vs JP¥85.96 in 2Q 2025) Second quarter 2026 results: EPS: JP¥45.78 (down from JP¥85.96 in 2Q 2025). Revenue: JP¥8.26b (down 12% from 2Q 2025). Net income: JP¥1.36b (down 48% from 2Q 2025). Profit margin: 17% (down from 28% in 2Q 2025). 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 11% per year. Announcement • Sep 26
FTGroup Co., Ltd. to Report Q2, 2026 Results on Nov 10, 2025 FTGroup Co., Ltd. announced that they will report Q2, 2026 results on Nov 10, 2025 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 08 December 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Reported Earnings • Aug 10
First quarter 2026 earnings released: EPS: JP¥44.17 (vs JP¥45.43 in 1Q 2025) First quarter 2026 results: EPS: JP¥44.17 (down from JP¥45.43 in 1Q 2025). Revenue: JP¥7.66b (down 8.7% from 1Q 2025). Net income: JP¥1.31b (down 4.2% from 1Q 2025). Profit margin: 17% (in line with 1Q 2025). 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 10% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jul 20
Final dividend of JP¥20.00 announced Dividend of JP¥20.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 8th December 2025 Dividend yield will be 4.5%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 11% 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 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • May 31
FTGroup Co., Ltd. to Report Q1, 2026 Results on Aug 08, 2025 FTGroup Co., Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025 Buy Or Sell Opportunity • May 13
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.2% to JP¥1,063. The fair value is estimated to be JP¥1,351, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.9% over the last 3 years. Earnings per share has grown by 14%. Announcement • May 12
FTGroup Co., Ltd., Annual General Meeting, Jun 26, 2025 FTGroup Co., Ltd., Annual General Meeting, Jun 26, 2025. Announcement • Mar 29
FTGroup Co., Ltd. to Report Fiscal Year 2025 Results on May 12, 2025 FTGroup Co., Ltd. announced that they will report fiscal year 2025 results on May 12, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 23 June 2025. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: JP¥46.34 (vs JP¥36.39 in 3Q 2024) Third quarter 2025 results: EPS: JP¥46.34 (up from JP¥36.39 in 3Q 2024). Revenue: JP¥8.33b (down 5.6% from 3Q 2024). Net income: JP¥1.39b (up 26% from 3Q 2024). Profit margin: 17% (up from 13% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. New Risk • Dec 16
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. This is currently the only risk that has been identified for the company. Declared Dividend • Dec 07
First half dividend of JP¥35.00 announced Dividend of JP¥35.00 is the same as last year. Ex-date: 28th March 2025 Payment date: 23rd June 2025 Dividend yield will be 4.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 15% 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 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Dec 03
FTGroup Co., Ltd. to Report Q3, 2025 Results on Feb 10, 2025 FTGroup Co., Ltd. announced that they will report Q3, 2025 results on Feb 10, 2025 Reported Earnings • Nov 13
Second quarter 2025 earnings released: EPS: JP¥85.99 (vs JP¥44.64 in 2Q 2024) Second quarter 2025 results: EPS: JP¥85.99 (up from JP¥44.64 in 2Q 2024). Revenue: JP¥9.34b (down 2.5% from 2Q 2024). Net income: JP¥2.59b (up 90% from 2Q 2024). Profit margin: 28% (up from 14% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%). Announcement • Sep 03
FTGroup Co., Ltd. to Report Q2, 2025 Results on Nov 11, 2024 FTGroup Co., Ltd. announced that they will report Q2, 2025 results on Nov 11, 2024 Announcement • Aug 25
FTGroup Co., Ltd. (TSE:2763) announces an Equity Buyback for 450,000 shares, representing 1.49% for ¥500 million. FTGroup Co., Ltd. (TSE:2763) announces an share repurchase program. Under the program the company will repurchase 450,000 shares, representing 1.49% of its issued share capital, for ¥500 million. 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 run until February 28, 2025. As of July 31, 2024, the company had 30,154,445 shares outstanding (excluding treasury stock) and 187,823 shares in treasury. Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: JP¥45.43 (vs JP¥44.76 in 1Q 2024) First quarter 2025 results: EPS: JP¥45.43 (up from JP¥44.76 in 1Q 2024). Revenue: JP¥8.39b (down 3.0% from 1Q 2024). Net income: JP¥1.37b (flat on 1Q 2024). Profit margin: 16% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Aug 09
Now 22% overvalued Over the last 90 days, the stock has fallen 11% to JP¥1,088. The fair value is estimated to be JP¥894, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.6% over the last 3 years. Earnings per share has grown by 15%. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥938, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 12x in the Electronic industry in Japan. Total loss to shareholders of 17% over the past three years. Declared Dividend • Jul 11
Final dividend of JP¥20.00 announced Dividend of JP¥20.00 is the same as last year. Ex-date: 27th September 2024 Payment date: 9th December 2024 Dividend yield will be 4.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 19% 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 9.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jun 10
FTGroup Co., Ltd. to Report Q1, 2025 Results on Aug 09, 2024 FTGroup Co., Ltd. announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • May 18
Full year 2024 earnings released: EPS: JP¥174 (vs JP¥118 in FY 2023) Full year 2024 results: EPS: JP¥174 (up from JP¥118 in FY 2023). Revenue: JP¥36.5b (down 10% from FY 2023). Net income: JP¥5.28b (up 46% from FY 2023). Profit margin: 14% (up from 8.9% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • May 16
FTGroup Co., Ltd., Annual General Meeting, Jun 20, 2024 FTGroup Co., Ltd., Annual General Meeting, Jun 20, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 June 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%). Announcement • Mar 02
FTGroup Co., Ltd. to Report Q4, 2024 Results on May 14, 2024 FTGroup Co., Ltd. announced that they will report Q4, 2024 results on May 14, 2024 Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: JP¥36.39 (vs JP¥26.15 in 3Q 2023) Third quarter 2024 results: EPS: JP¥36.39 (up from JP¥26.15 in 3Q 2023). Revenue: JP¥8.82b (down 11% from 3Q 2023). Net income: JP¥1.11b (up 38% from 3Q 2023). Profit margin: 13% (up from 8.1% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: JP¥44.67 (vs JP¥51.30 in 2Q 2023) Second quarter 2024 results: EPS: JP¥44.67 (down from JP¥51.30 in 2Q 2023). Revenue: JP¥9.58b (down 9.7% from 2Q 2023). Net income: JP¥1.36b (down 14% from 2Q 2023). Profit margin: 14% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Sep 21
FTGroup Co., Ltd. to Report Q2, 2024 Results on Nov 10, 2023 FTGroup Co., Ltd. announced that they will report Q2, 2024 results on Nov 10, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥20.00 per share at 4.2% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 08 December 2023. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%). Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: JP¥44.76 (vs JP¥22.67 in 1Q 2023) First quarter 2024 results: EPS: JP¥44.76 (up from JP¥22.67 in 1Q 2023). Revenue: JP¥8.65b (down 14% from 1Q 2023). Net income: JP¥1.36b (up 94% from 1Q 2023). Profit margin: 16% (up from 7.0% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Aug 11
FTGroup Co., Ltd. (TSE:2763) announces an Equity Buyback for 450,000 shares, representing 1.47% for ¥500 million. FTGroup Co., Ltd. (TSE:2763) announces an share repurchase program. Under the program the company will repurchase 450,000 shares, representing 1.47% of its issued share capital, for ¥500 million. 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 run until February 29, 2024. As of July 31, 2023, the company had 30,555,365 shares outstanding (excluding treasury stock) and 266,903 shares in treasury. Announcement • Jun 24
FTGroup Co., Ltd. to Report Q1, 2024 Results on Aug 10, 2023 FTGroup Co., Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 14
Full year 2023 earnings released: EPS: JP¥118 (vs JP¥156 in FY 2022) Full year 2023 results: EPS: JP¥118 (down from JP¥156 in FY 2022). Revenue: JP¥40.7b (down 10.0% from FY 2022). Net income: JP¥3.63b (down 25% from FY 2022). Profit margin: 8.9% (down from 11% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • May 14
FTGroup Co., Ltd., Annual General Meeting, Jun 21, 2023 FTGroup Co., Ltd., Annual General Meeting, Jun 21, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥31.00 per share at 5.0% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 22 June 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 5.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥26.18 (vs JP¥17.26 in 3Q 2022) Third quarter 2023 results: EPS: JP¥26.18 (up from JP¥17.26 in 3Q 2022). Revenue: JP¥9.90b (down 15% from 3Q 2022). Net income: JP¥803.0m (up 50% from 3Q 2022). Profit margin: 8.1% (up from 4.6% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥51.30 (vs JP¥29.57 in 2Q 2022) Second quarter 2023 results: EPS: JP¥51.30 (up from JP¥29.57 in 2Q 2022). Revenue: JP¥10.6b (down 2.3% from 2Q 2022). Net income: JP¥1.58b (up 73% from 2Q 2022). Profit margin: 15% (up from 8.4% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 12
Second quarter 2023 earnings released: EPS: JP¥51.30 (vs JP¥29.57 in 2Q 2022) Second quarter 2023 results: EPS: JP¥51.30 (up from JP¥29.57 in 2Q 2022). Revenue: JP¥10.6b (down 2.3% from 2Q 2022). Net income: JP¥1.58b (up 73% from 2Q 2022). Profit margin: 15% (up from 8.4% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 08 December 2022. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 6.4%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%). Announcement • Aug 31
FTGroup Co., Ltd. to Report Q2, 2023 Results on Nov 10, 2022 FTGroup Co., Ltd. announced that they will report Q2, 2023 results on Nov 10, 2022 Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: JP¥22.67 (vs JP¥32.19 in 1Q 2022) First quarter 2023 results: EPS: JP¥22.67 (down from JP¥32.19 in 1Q 2022). Revenue: JP¥10.0b (down 1.6% from 1Q 2022). Net income: JP¥701.0m (down 30% from 1Q 2022). Profit margin: 7.0% (down from 9.8% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Announcement • Jun 15
FTGroup Co., Ltd. to Report Q1, 2023 Results on Aug 10, 2022 FTGroup Co., Ltd. announced that they will report Q1, 2023 results on Aug 10, 2022 Announcement • May 23
FTGroup Co., Ltd. (TSE:2763) announces an Equity Buyback for 250,000 shares, representing 0.78% for ¥300 million. FTGroup Co., Ltd. (TSE:2763) announces an share repurchase program. Under the program the company will repurchase 250,000 shares, representing 0.78% of the outstanding shares for ¥300 million. 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 run until November 30, 2022. As of April 30, 2022, the company had 32,022,268 shares outstanding and 1,080,003 shares in treasury. Valuation Update With 7 Day Price Move • May 20
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥860, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 11x in the Electronic industry in Japan. Total loss to shareholders of 14% over the past three years. Reported Earnings • May 18
Full year 2022 earnings released: EPS: JP¥156 (vs JP¥101 in FY 2021) Full year 2022 results: EPS: JP¥156 (up from JP¥101 in FY 2021). Revenue: JP¥45.2b (up 9.5% from FY 2021). Net income: JP¥4.81b (up 49% from FY 2021). Profit margin: 11% (up from 7.8% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings. Announcement • May 15
FTGroup Co., Ltd., Annual General Meeting, Jun 21, 2022 FTGroup Co., Ltd., Annual General Meeting, Jun 21, 2022. Announcement • Apr 08
FTGroup Co., Ltd. to Report Fiscal Year 2022 Results on May 10, 2022 FTGroup Co., Ltd. announced that they will report fiscal year 2022 results on May 10, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 23 June 2022. Payout ratio is a comfortable 75% but the company is not cash flow positive. Trailing yield: 5.8%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%). Reported Earnings • Feb 12
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥17.26 (down from JP¥25.21 in 3Q 2021). Revenue: JP¥11.7b (up 16% from 3Q 2021). Net income: JP¥534.0m (down 32% from 3Q 2021). Profit margin: 4.6% (down from 7.8% in 3Q 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 fallen by 8% per year whereas the company’s share price has fallen by 7% per year. Reported Earnings • Nov 11
Second quarter 2022 earnings released: EPS JP¥29.60 (vs JP¥48.36 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: JP¥10.9b (up 7.1% from 2Q 2021). Net income: JP¥916.0m (down 40% from 2Q 2021). Profit margin: 8.4% (down from 15% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 5% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥28.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 15 December 2021. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.0%). Reported Earnings • Aug 09
First quarter 2022 earnings released: EPS JP¥32.19 (vs JP¥22.68 in 1Q 2021) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2022 results: Revenue: JP¥10.2b (down 2.2% from 1Q 2021). Net income: JP¥996.0m (up 40% from 1Q 2021). Profit margin: 9.8% (up from 6.9% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Reported Earnings • May 14
Full year 2021 earnings released: EPS JP¥101 (vs JP¥121 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥41.3b (down 9.9% from FY 2020). Net income: JP¥3.23b (down 17% from FY 2020). Profit margin: 7.8% (down from 8.5% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 24 June 2021. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%). Announcement • Mar 04
FTGroup Co., Ltd. to Report Fiscal Year 2021 Results on May 10, 2021 FTGroup Co., Ltd. announced that they will report fiscal year 2021 results on May 10, 2021 Reported Earnings • Feb 12
Third quarter 2021 earnings released: EPS JP¥24.94 (vs JP¥23.37 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥10.1b (down 11% from 3Q 2020). Net income: JP¥788.0m (up 5.5% from 3Q 2020). Profit margin: 7.8% (up from 6.6% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 12% per year. Is New 90 Day High Low • Dec 18
New 90-day high: JP¥1,490 The company is up 9.0% from its price of JP¥1,361 on 18 September 2020. The Japanese market is also up 9.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Electronic industry, which is up 18% over the same period. Announcement • Dec 03
FTGroup Co., Ltd. to Report Q3, 2021 Results on Feb 10, 2021 FTGroup Co., Ltd. announced that they will report Q3, 2021 results on Feb 10, 2021 Reported Earnings • Nov 12
Second quarter 2021 earnings released: EPS JP¥48.36 The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: JP¥10.1b (down 9.8% from 2Q 2020). Net income: JP¥1.54b (up 63% from 2Q 2020). Profit margin: 15% (up from 8.4% in 2Q 2020). The increase in margin was driven by lower expenses. 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. Is New 90 Day High Low • Nov 06
New 90-day high: JP¥1,397 The company is up 4.0% from its price of JP¥1,337 on 07 August 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 12% over the same period. Upcoming Dividend • Sep 22
Upcoming Dividend of JP¥26.00 Per Share Will be paid on the 6th of December to those who are registered shareholders by the 29th of September. The trailing yield of 4.5% is in the top quartile of Japanese dividend payers (3.1%), and it is higher than industry peers (1.3%).