ITFOR Past Earnings Performance

Past criteria checks 5/6

ITFOR has been growing earnings at an average annual rate of 16.6%, while the IT industry saw earnings growing at 7.2% annually. Revenues have been growing at an average rate of 7.3% per year. ITFOR's return on equity is 14.7%, and it has net margins of 13.4%.

Key information

16.6%

Earnings growth rate

16.5%

EPS growth rate

IT Industry Growth	22.4%
Revenue growth rate	7.3%
Return on equity	14.7%
Net Margin	13.4%
Next Earnings Update	08 Aug 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How ITFOR makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:ITFR.F Revenue, expenses and earnings (JPY Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	20,652	2,770	4,015
31 Dec 23	20,282	2,683	3,813
30 Sep 23	18,815	2,369	3,688
30 Jun 23	18,260	2,308	3,648
31 Mar 23	18,322	2,291	3,517
31 Dec 22	16,756	2,013	3,471
30 Sep 22	17,353	2,043	3,393
30 Jun 22	16,862	1,973	3,161
31 Mar 22	17,021	2,112	3,125
31 Dec 21	18,052	2,304	3,066
30 Sep 21	17,472	2,204	3,047
30 Jun 21	17,541	2,127	3,172
31 Mar 21	16,289	1,683	3,199
31 Dec 20	16,230	1,567	3,180
30 Sep 20	16,348	1,396	3,258
30 Jun 20	15,939	1,284	3,118
31 Mar 20	15,239	1,232	3,112
31 Dec 19	14,739	1,268	3,118
30 Sep 19	14,189	1,341	3,062
30 Jun 19	13,325	1,219	3,112
31 Mar 19	12,554	1,148	3,014
31 Dec 18	12,266	1,242	2,951
30 Sep 18	11,674	1,182	2,935
30 Jun 18	11,776	1,164	2,979
31 Mar 18	11,831	1,124	2,992
31 Dec 17	10,799	825	2,924
30 Sep 17	10,701	811	2,891
30 Jun 17	10,864	879	2,811
31 Mar 17	11,111	906	2,809
31 Dec 16	11,900	1,036	2,894
30 Sep 16	11,924	977	2,872
30 Jun 16	12,258	994	2,892
31 Mar 16	12,154	1,013	2,870
31 Dec 15	11,916	846	2,816
30 Sep 15	12,144	852	2,845
30 Jun 15	11,750	713	2,852
31 Mar 15	11,467	658	2,910
31 Dec 14	11,618	814	2,801
30 Sep 14	11,513	849	2,768
30 Jun 14	11,036	915	2,701
31 Mar 14	10,974	1,009	2,572
31 Dec 13	9,880	869	2,574
30 Sep 13	9,736	841	2,574

Quality Earnings: ITFR.F has high quality earnings.

Growing Profit Margin: ITFR.F's current net profit margins (13.4%) are higher than last year (12.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ITFR.F's earnings have grown by 16.6% per year over the past 5 years.

Accelerating Growth: ITFR.F's earnings growth over the past year (20.9%) exceeds its 5-year average (16.6% per year).

Earnings vs Industry: ITFR.F earnings growth over the past year (20.9%) exceeded the IT industry -1.6%.

Return on Equity

High ROE: ITFR.F's Return on Equity (14.7%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/07/27 12:36
End of Day Share Price	2024/04/29 00:00
Earnings	2024/03/31
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

ITFOR Inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Teruo Isozaki	Ichiyoshi Research Institute Inc.