New Risk • May 31
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 94% Dividend yield: 3.5% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (26% accrual ratio). Minor Risks Dividend is not well covered by cash flows (94% cash payout ratio). Market cap is less than US$100m (JP¥13.3b market cap, or US$83.7m). Reported Earnings • May 13
Full year 2026 earnings: EPS exceeds analyst expectations Full year 2026 results: EPS: JP¥110 (up from JP¥46.82 in FY 2025). Revenue: JP¥15.8b (up 1.7% from FY 2025). Net income: JP¥782.0m (up 133% from FY 2025). Profit margin: 5.0% (up from 2.2% in FY 2025). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.6%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Telecom industry in Japan. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Announcement • May 12
Broadmedia Corporation, Annual General Meeting, Jun 26, 2026 Broadmedia Corporation, Annual General Meeting, Jun 26, 2026. Announcement • May 09
Broadmedia Corporation to Report Fiscal Year 2026 Results on May 12, 2026 Broadmedia Corporation announced that they will report fiscal year 2026 results on May 12, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.2%). Announcement • Feb 26
CyberAgent, Inc. (TSE:4751) agreed to acquire 51.60% stake in Fishing Vision Co., Ltd. from Broadmedia Corporation (TSE:4347). CyberAgent, Inc. (TSE:4751) agreed to acquire 51.60% stake in Fishing Vision Co., Ltd. from Broadmedia Corporation (TSE:4347) on February 25, 2026.
For the period ending March 31, 2025, Fishing Vision Co., Ltd. reported total revenue of ¥2.33 billion, EBIT of ¥106 million and net income of ¥70 million. As of March 31, 2025, Fishing Vision Co., Ltd. reported total assets of ¥2.67 billion and total common equity of ¥2.38 billion.
The expected completion of the transaction is March 31, 2026. Reported Earnings • Feb 05
Third quarter 2026 earnings released: EPS: JP¥34.37 (vs JP¥9.82 in 3Q 2025) Third quarter 2026 results: EPS: JP¥34.37 (up from JP¥9.82 in 3Q 2025). Revenue: JP¥4.06b (up 5.3% from 3Q 2025). Net income: JP¥245.0m (up 250% from 3Q 2025). Profit margin: 6.0% (up from 1.8% in 3Q 2025). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Telecom industry in Japan. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. New Risk • Dec 10
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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥14.3b market cap, or US$91.2m). Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥2,005, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 12x in the Telecom industry in Japan. Total returns to shareholders of 131% over the past three years. Reported Earnings • Oct 31
Second quarter 2026 earnings released: EPS: JP¥18.94 (vs JP¥8.13 loss in 2Q 2025) Second quarter 2026 results: EPS: JP¥18.94 (up from JP¥8.13 loss in 2Q 2025). Revenue: JP¥3.63b (down 1.3% from 2Q 2025). Net income: JP¥135.0m (up JP¥193.0m from 2Q 2025). Profit margin: 3.7% (up from net loss in 2Q 2025). Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Telecom industry in Japan. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Announcement • Oct 09
Broadmedia Corporation to Report Q2, 2026 Results on Oct 30, 2025 Broadmedia Corporation announced that they will report Q2, 2026 results on Oct 30, 2025 Major Estimate Revision • Sep 04
Consensus EPS estimates fall by 14% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥16.3b to JP¥16.1b. EPS estimate also fell from JP¥119 per share to JP¥103 per share. Net income forecast to grow 107% next year vs 20% growth forecast for Telecom industry in Japan. Consensus price target of JP¥2,400 unchanged from last update. Share price was steady at JP¥1,718 over the past week. Reported Earnings • Jul 31
First quarter 2026 earnings released: EPS: JP¥18.67 (vs JP¥13.00 in 1Q 2025) First quarter 2026 results: EPS: JP¥18.67 (up from JP¥13.00 in 1Q 2025). Revenue: JP¥3.92b (down 6.5% from 1Q 2025). Net income: JP¥133.0m (up 42% from 1Q 2025). Profit margin: 3.4% (up from 2.2% in 1Q 2025). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Telecom industry in Japan. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Board Change • Jul 09
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Outside Director Kenji Kitatani was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Jul 09
Broadmedia Corporation to Report Q1, 2026 Results on Jul 30, 2025 Broadmedia Corporation announced that they will report Q1, 2026 results on Jul 30, 2025 Reported Earnings • May 02
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: JP¥46.82 (down from JP¥93.48 in FY 2024). Revenue: JP¥15.5b (up 9.5% from FY 2024). Net income: JP¥335.0m (down 51% from FY 2024). Profit margin: 2.2% (down from 4.8% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 16%. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Telecom industry in Japan. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Announcement • May 01
Broadmedia Corporation, Annual General Meeting, Jun 27, 2025 Broadmedia Corporation, Annual General Meeting, Jun 27, 2025. Announcement • Apr 10
Broadmedia Corporation to Report Fiscal Year 2025 Results on May 01, 2025 Broadmedia Corporation announced that they will report fiscal year 2025 results at 3:00 PM, Tokyo Standard Time on May 01, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.3%). Major Estimate Revision • Feb 11
Consensus EPS estimates fall by 20% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from JP¥15.9b to JP¥15.6b. EPS estimate also fell from JP¥70.20 per share to JP¥56.10 per share. Net income forecast to grow 467% next year vs 16% growth forecast for Telecom industry in Japan. Consensus price target of JP¥2,400 unchanged from last update. Share price fell 3.3% to JP¥1,876 over the past week. Reported Earnings • Jan 31
Third quarter 2025 earnings released: EPS: JP¥9.82 (vs JP¥28.30 in 3Q 2024) Third quarter 2025 results: EPS: JP¥9.82 (down from JP¥28.30 in 3Q 2024). Revenue: JP¥3.85b (up 11% from 3Q 2024). Net income: JP¥70.0m (down 66% from 3Q 2024). Profit margin: 1.8% (down from 6.0% in 3Q 2024). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Telecom industry in Japan. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Announcement • Jan 17
Broadmedia Corporation to Report Q3, 2025 Results on Jan 30, 2025 Broadmedia Corporation announced that they will report Q3, 2025 results on Jan 30, 2025 Major Estimate Revision • Nov 09
Consensus EPS estimates fall by 27% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from JP¥16.5b to JP¥15.9b. EPS estimate also fell from JP¥96.30 per share to JP¥70.20 per share. Net income forecast to grow 168% next year vs 10% growth forecast for Telecom industry in Japan. Consensus price target of JP¥2,400 unchanged from last update. Share price was steady at JP¥1,401 over the past week. Reported Earnings • Nov 01
Second quarter 2025 earnings released: JP¥8.13 loss per share (vs JP¥23.24 profit in 2Q 2024) Second quarter 2025 results: JP¥8.13 loss per share (down from JP¥23.24 profit in 2Q 2024). Revenue: JP¥3.67b (up 11% from 2Q 2024). Net loss: JP¥58.0m (down 134% from profit in 2Q 2024). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Telecom industry in Japan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Announcement • Oct 09
Broadmedia Corporation to Report Q2, 2025 Results on Oct 30, 2024 Broadmedia Corporation announced that they will report Q2, 2025 results on Oct 30, 2024 Reported Earnings • Aug 01
First quarter 2025 earnings released: EPS: JP¥13.00 (vs JP¥38.24 in 1Q 2024) First quarter 2025 results: EPS: JP¥13.00 (down from JP¥38.24 in 1Q 2024). Revenue: JP¥4.20b (up 18% from 1Q 2024). Net income: JP¥94.0m (down 66% from 1Q 2024). Profit margin: 2.2% (down from 7.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Telecom industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 11
Broadmedia Corporation to Report Q1, 2025 Results on Jul 30, 2024 Broadmedia Corporation announced that they will report Q1, 2025 results on Jul 30, 2024 Major Estimate Revision • May 18
Consensus EPS estimates increase by 17%, revenue downgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from JP¥16.8b to JP¥16.5b. EPS estimate rose from JP¥89.30 to JP¥105. Net income forecast to grow 12% next year vs 13% growth forecast for Telecom industry in Japan. Consensus price target of JP¥2,400 unchanged from last update. Share price rose 22% to JP¥1,648 over the past week. Valuation Update With 7 Day Price Move • May 17
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to JP¥1,648, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Telecom industry in Japan. Total returns to shareholders of 110% over the past three years. Reported Earnings • May 12
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: JP¥93.48 (down from JP¥151 in FY 2023). Revenue: JP¥14.2b (up 8.9% from FY 2023). Net income: JP¥680.0m (down 39% from FY 2023). Profit margin: 4.8% (down from 8.5% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.0%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Telecom industry in Japan. 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 17% per year, which means it is significantly lagging earnings growth. Announcement • May 12
Broadmedia Corporation, Annual General Meeting, Jun 27, 2024 Broadmedia Corporation, Annual General Meeting, Jun 27, 2024. Announcement • May 11
Broadmedia Corporation (TSE:4347) announces an Equity Buyback for 200,000 shares, representing 2.75% for ¥260 million. Broadmedia Corporation (JASDAQ:4347) announces a share repurchase program. Under the program, the company will repurchase 200,000 shares, representing 2.75% of its share capital, for ¥260 million. The company will repurchase its shares as part of its shareholder returns, and to enable the implementation of a flexible capital policy in response to changes in the business environment. The repurchased shares will be cancelled. The program will run until July 31, 2024. As of March 31, 2024, the company had 7,276,109 shares outstanding (excluding treasury shares) and 638,623 shares in treasury. Announcement • Apr 12
Broadmedia Corporation to Report Fiscal Year 2024 Results on May 10, 2024 Broadmedia Corporation announced that they will report fiscal year 2024 results on May 10, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥33.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.6%). Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥1,265, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Telecom industry in Japan. Total returns to shareholders of 55% over the past three years. Reported Earnings • Feb 09
Third quarter 2024 earnings released: EPS: JP¥28.30 (vs JP¥30.13 in 3Q 2023) Third quarter 2024 results: EPS: JP¥28.30 (down from JP¥30.13 in 3Q 2023). Revenue: JP¥3.46b (up 3.9% from 3Q 2023). Net income: JP¥206.0m (down 7.6% from 3Q 2023). Profit margin: 6.0% (down from 6.7% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Telecom industry in Japan. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥1,041, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Telecom industry in Japan. Total returns to shareholders of 18% over the past three years. Announcement • Jan 13
Broadmedia Corporation to Report Q3, 2024 Results on Feb 07, 2024 Broadmedia Corporation announced that they will report Q3, 2024 results on Feb 07, 2024 Reported Earnings • Oct 29
Second quarter 2024 earnings released: EPS: JP¥23.24 (vs JP¥7.33 in 2Q 2023) Second quarter 2024 results: EPS: JP¥23.24 (up from JP¥7.33 in 2Q 2023). Revenue: JP¥3.31b (up 5.9% from 2Q 2023). Net income: JP¥169.0m (up 213% from 2Q 2023). Profit margin: 5.1% (up from 1.7% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Telecom industry in Japan. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Oct 07
Broadmedia Corporation to Report Q2, 2024 Results on Oct 27, 2023 Broadmedia Corporation announced that they will report Q2, 2024 results on Oct 27, 2023 New Risk • Oct 06
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 7.3% 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.3% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥12.9b market cap, or US$86.9m). Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥1,724, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Telecom industry in Japan. Total returns to shareholders of 66% over the past three years. New Risk • Aug 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 8.1% 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.1% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥12.6b market cap, or US$88.7m). Reported Earnings • Jul 29
First quarter 2024 earnings released: EPS: JP¥38.24 (vs JP¥36.94 in 1Q 2023) First quarter 2024 results: EPS: JP¥38.24 (up from JP¥36.94 in 1Q 2023). Revenue: JP¥3.56b (up 11% from 1Q 2023). Net income: JP¥278.0m (up 2.2% from 1Q 2023). Profit margin: 7.8% (down from 8.5% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Telecom industry in Japan. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Jul 07
Broadmedia Corporation to Report Q1, 2024 Results on Jul 28, 2023 Broadmedia Corporation announced that they will report Q1, 2024 results on Jul 28, 2023 Reported Earnings • May 10
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: JP¥151 (up from JP¥133 in FY 2022). Revenue: JP¥13.0b (up 5.5% from FY 2022). Net income: JP¥1.11b (up 9.8% from FY 2022). Profit margin: 8.5% (up from 8.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 28%. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Telecom industry in Japan. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share at 2.5% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.9%). Reported Earnings • Feb 04
Third quarter 2023 earnings released: EPS: JP¥30.13 (vs JP¥40.44 in 3Q 2022) Third quarter 2023 results: EPS: JP¥30.13 (down from JP¥40.44 in 3Q 2022). Revenue: JP¥3.33b (up 4.0% from 3Q 2022). Net income: JP¥223.0m (down 28% from 3Q 2022). Profit margin: 6.7% (down from 9.6% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Telecom industry in Japan. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Feb 04
Broadmedia Corporation (TSE:4347) announces an Equity Buyback for 150,000 shares, representing 2.02% for ¥150 million. Broadmedia Corporation (JASDAQ:4347) announces a share repurchase program. Under the program, the company will repurchase 150,000 shares, representing 2.02% of its share capital, for ¥150 million. The company will repurchase its shares as part of its shareholder returns, and to enable the implementation of a flexible capital policy in response to changes in the business environment, and to enhance shareholder returns. The program will run until March 24, 2023. As of December 31, 2022, the company had 7,414,639 shares outstanding (excluding treasury shares) and 500,093 shares in treasury. Announcement • Jan 14
Broadmedia Corporation to Report Q3, 2023 Results on Feb 03, 2023 Broadmedia Corporation announced that they will report Q3, 2023 results on Feb 03, 2023 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. 5 non-independent directors. Independent External Director Jun Yamada 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. Reported Earnings • Oct 30
Second quarter 2023 earnings released: EPS: JP¥7.33 (vs JP¥12.62 in 2Q 2022) Second quarter 2023 results: EPS: JP¥7.33 (down from JP¥12.62 in 2Q 2022). Revenue: JP¥3.12b (up 6.0% from 2Q 2022). Net income: JP¥54.0m (down 44% from 2Q 2022). Profit margin: 1.7% (down from 3.3% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Telecom industry in Japan. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Oct 07
Broadmedia Corporation to Report Q2, 2023 Results on Oct 28, 2022 Broadmedia Corporation announced that they will report Q2, 2023 results on Oct 28, 2022 Reported Earnings • Jul 30
First quarter 2023 earnings released: EPS: JP¥36.94 (vs JP¥41.12 in 1Q 2022) First quarter 2023 results: EPS: JP¥36.94 (down from JP¥41.12 in 1Q 2022). Revenue: JP¥3.20b (up 5.9% from 1Q 2022). Net income: JP¥272.0m (down 14% from 1Q 2022). Profit margin: 8.5% (down from 10% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 10%, compared to a 3.5% growth forecast for the industry in Japan. 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 12% per year, which means it is significantly lagging earnings growth. Announcement • Jul 09
Broadmedia Corporation to Report Q1, 2023 Results on Jul 28, 2022 Broadmedia Corporation announced that they will report Q1, 2023 results on Jul 28, 2022 Valuation Update With 7 Day Price Move • May 04
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥992, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Telecom industry in Japan. Total returns to shareholders of 28% over the past three years. Valuation Update With 7 Day Price Move • May 04
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥992, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Telecom industry in Japan. Total returns to shareholders of 28% over the past three years. Reported Earnings • Apr 30
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: JP¥133 (up from JP¥19.51 in FY 2021). Revenue: JP¥12.3b (up 12% from FY 2021). Net income: JP¥1.01b (up JP¥860.0m from FY 2021). Profit margin: 8.2% (up from 1.4% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Over the next year, revenue is forecast to grow 5.0%, compared to a 1.7% growth forecast for the industry in Japan. 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 10% per year, which means it is significantly lagging earnings growth. 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. 5 non-independent directors. Independent External Director Jun Yamada 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
Broadmedia Corporation to Report Fiscal Year 2022 Results on Apr 27, 2022 Broadmedia Corporation announced that they will report fiscal year 2022 results on Apr 27, 2022 Reported Earnings • Jan 30
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: EPS: JP¥40.44 (up from JP¥3.76 loss in 3Q 2021). Revenue: JP¥3.20b (up 16% from 3Q 2021). Net income: JP¥308.0m (up JP¥337.0m from 3Q 2021). Profit margin: 9.6% (up from net loss in 3Q 2021). Revenue exceeded analyst estimates by 5.6%. Over the next year, revenue is forecast to grow 4.7%, compared to a 1.1% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 28
Second quarter 2022 earnings released: EPS JP¥0.66 (vs JP¥6.03 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥2.94b (up 13% from 2Q 2021). Net income: JP¥97.0m (up JP¥144.0m from 2Q 2021). Profit margin: 3.3% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 15% per year. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥1,001, the stock trades at a trailing P/E ratio of 20.4x. Average trailing P/E is 17x in the Telecom industry in Japan. Total returns to shareholders of 47% over the past three years. Reported Earnings • Jul 30
First quarter 2022 earnings released: EPS JP¥4.11 (vs JP¥1.15 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥3.02b (up 12% from 1Q 2021). Net income: JP¥316.0m (up 251% from 1Q 2021). Profit margin: 10% (up from 3.3% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Jul 03
Broadmedia Corporation (JASDAQ:4347) acquired System Design Development Co., Ltd. Broadmedia Corporation (JASDAQ:4347) acquired System Design Development Co., Ltd. on July 2, 2021.
Broadmedia Corporation (JASDAQ:4347) completed the acquisition of System Design Development Co., Ltd. on July 2, 2021. Reported Earnings • May 01
Full year 2021 earnings released: EPS JP¥1.95 (vs JP¥5.27 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥11.0b (down 4.5% from FY 2020). Net income: JP¥151.0m (down 63% from FY 2020). Profit margin: 1.4% (down from 3.6% in FY 2020). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 17
Third quarter 2021 earnings released: JP¥0.38 loss per share (vs JP¥1.64 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥2.75b (down 6.4% from 3Q 2020). Net loss: JP¥29.0m (down 123% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Jan 23
Broadmedia Corporation to Report Q3, 2021 Results on Feb 15, 2021 Broadmedia Corporation announced that they will report Q3, 2021 results on Feb 15, 2021 Is New 90 Day High Low • Dec 22
New 90-day low: JP¥82.00 The company is down 29% from its price of JP¥115 on 23 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is up 17% over the same period. Is New 90 Day High Low • Nov 19
New 90-day low: JP¥88.00 The company is down 29% from its price of JP¥124 on 21 August 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is down 5.0% over the same period. Reported Earnings • Nov 14
Second quarter 2021 earnings released: JP¥0.60 loss per share The company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: JP¥2.60b (down 3.3% from 2Q 2020). Net loss: JP¥47.0m (down 165% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 01
First half earnings released Over the last 12 months the company has reported total profits of JP¥232.0m, down 58% from the prior year. Total revenue was JP¥11.3b over the last 12 months, up 1.9% from the prior year. Is New 90 Day High Low • Oct 23
New 90-day low: JP¥100.00 The company is down 15% from its price of JP¥117 on 22 July 2020. The Japanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is down 9.0% over the same period. Announcement • Oct 10
Broadmedia Corporation to Report Q2, 2021 Results on Oct 30, 2020 Broadmedia Corporation announced that they will report Q2, 2021 results on Oct 30, 2020 Announcement • Aug 10
Broadmedia Corporation to Report Q1, 2021 Results on Aug 28, 2020 Broadmedia Corporation announced that they will report Q1, 2021 results on Aug 28, 2020