Duyuru • Oct 19
JustSystems Corporation to Report Q2, 2026 Results on Nov 07, 2025 JustSystems Corporation announced that they will report Q2, 2026 results on Nov 07, 2025 Duyuru • Jul 20
JustSystems Corporation to Report Q1, 2026 Results on Aug 08, 2025 JustSystems Corporation announced that they will report Q1, 2026 results on Aug 08, 2025 Duyuru • May 14
JustSystems Corporation, Annual General Meeting, Jun 26, 2025 JustSystems Corporation, Annual General Meeting, Jun 26, 2025. Duyuru • Apr 17
JustSystems Corporation to Report Fiscal Year 2025 Results on May 14, 2025 JustSystems Corporation announced that they will report fiscal year 2025 results on May 14, 2025 Duyuru • Jan 17
JustSystems Corporation to Report Q3, 2025 Results on Feb 07, 2025 JustSystems Corporation announced that they will report Q3, 2025 results on Feb 07, 2025 Reported Earnings • Nov 10
Second quarter 2025 earnings released: EPS: JP¥51.45 (vs JP¥54.08 in 2Q 2024) Second quarter 2025 results: EPS: JP¥51.45 (down from JP¥54.08 in 2Q 2024). Revenue: JP¥11.2b (up 3.6% from 2Q 2024). Net income: JP¥3.30b (down 4.9% from 2Q 2024). Profit margin: 29% (down from 32% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings. Buy Or Sell Opportunity • Nov 05
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at €18.50. The fair value is estimated to be €23.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Duyuru • Oct 19
JustSystems Corporation to Report Q2, 2025 Results on Nov 08, 2024 JustSystems Corporation announced that they will report Q2, 2025 results on Nov 08, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 06 December 2024. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.1%). Buy Or Sell Opportunity • Aug 16
Now 21% undervalued Over the last 90 days, the stock has risen 24% to €19.70. The fair value is estimated to be €24.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Reported Earnings • Aug 12
First quarter 2025 earnings released: EPS: JP¥51.54 (vs JP¥47.86 in 1Q 2024) First quarter 2025 results: EPS: JP¥51.54 (up from JP¥47.86 in 1Q 2024). Revenue: JP¥10.8b (up 7.0% from 1Q 2024). Net income: JP¥3.31b (up 7.7% from 1Q 2024). Profit margin: 31% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Duyuru • Jul 21
JustSystems Corporation to Report Q1, 2025 Results on Aug 09, 2024 JustSystems Corporation announced that they will report Q1, 2025 results on Aug 09, 2024 Board Change • Jul 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 2 highly experienced directors. Independent Outside Director Yoshie Midorikawa was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 19
Full year 2024 earnings released: EPS: JP¥181 (vs JP¥209 in FY 2023) Full year 2024 results: EPS: JP¥181 (down from JP¥209 in FY 2023). Revenue: JP¥41.0b (down 2.3% from FY 2023). Net income: JP¥11.6b (down 13% from FY 2023). Profit margin: 28% (down from 32% in FY 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Duyuru • May 16
JustSystems Corporation, Annual General Meeting, Jun 25, 2024 JustSystems Corporation, Annual General Meeting, Jun 25, 2024. Duyuru • Apr 19
JustSystems Corporation to Report Fiscal Year 2024 Results on May 14, 2024 JustSystems Corporation announced that they will report fiscal year 2024 results on May 14, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 10% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (1.2%). Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: JP¥43.38 (vs JP¥50.08 in 3Q 2023) Third quarter 2024 results: EPS: JP¥43.38 (down from JP¥50.08 in 3Q 2023). Revenue: JP¥9.66b (down 3.8% from 3Q 2023). Net income: JP¥2.79b (down 13% from 3Q 2023). Profit margin: 29% (down from 32% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Feb 11
Now 20% undervalued Over the last 90 days, the stock has risen 2.3% to €17.60. The fair value is estimated to be €22.10, 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 6.2%. Duyuru • Jan 21
JustSystems Corporation to Report Q3, 2024 Results on Feb 09, 2024 JustSystems Corporation announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 13
Second quarter 2024 earnings released: EPS: JP¥54.08 (vs JP¥56.32 in 2Q 2023) Second quarter 2024 results: EPS: JP¥54.08 (down from JP¥56.32 in 2Q 2023). Revenue: JP¥10.9b (up 1.3% from 2Q 2023). Net income: JP¥3.47b (down 4.0% from 2Q 2023). Profit margin: 32% (down from 34% in 2Q 2023). The decrease in margin was driven by higher expenses. 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 33% per year, which means it is significantly lagging earnings. Duyuru • Oct 22
JustSystems Corporation to Report Q2, 2024 Results on Nov 10, 2023 JustSystems Corporation announced that they will report Q2, 2024 results on Nov 10, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥10.00 per share at 0.7% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 9.0% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (1.6%). Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: JP¥47.86 (vs JP¥56.19 in 1Q 2023) First quarter 2024 results: EPS: JP¥47.86 (down from JP¥56.19 in 1Q 2023). Revenue: JP¥10.1b (down 2.4% from 1Q 2023). Net income: JP¥3.07b (down 15% from 1Q 2023). Profit margin: 30% (down from 35% in 1Q 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 08
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €20.60, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 28x in the Software industry in Germany. Total loss to shareholders of 65% over the past three years. Buying Opportunity • Aug 08
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 21%. The fair value is estimated to be €26.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has grown by 12%. Duyuru • Jul 24
JustSystems Corporation to Report Q1, 2024 Results on Aug 04, 2023 JustSystems Corporation announced that they will report Q1, 2024 results on Aug 04, 2023 Duyuru • May 17
JustSystems Corporation, Annual General Meeting, Jun 27, 2023 JustSystems Corporation, Annual General Meeting, Jun 27, 2023. Reported Earnings • May 17
Full year 2023 earnings released: EPS: JP¥209 (vs JP¥189 in FY 2022) Full year 2023 results: EPS: JP¥209 (up from JP¥189 in FY 2022). Revenue: JP¥42.0b (flat on FY 2022). Net income: JP¥13.4b (up 10% from FY 2022). Profit margin: 32% (up from 29% in FY 2022). 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 21% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥8.00 per share at 0.5% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 8.0% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.8%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥50.08 (vs JP¥44.25 in 3Q 2022) Third quarter 2023 results: EPS: JP¥50.08 (up from JP¥44.25 in 3Q 2022). Revenue: JP¥10.0b (flat on 3Q 2022). Net income: JP¥3.22b (up 13% from 3Q 2022). Profit margin: 32% (up from 28% in 3Q 2022). 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 20% per year, which means it is significantly lagging earnings. Duyuru • Jan 22
JustSystems Corporation to Report Q3, 2023 Results on Feb 10, 2023 JustSystems Corporation announced that they will report Q3, 2023 results on Feb 10, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥56.32 (vs JP¥56.80 in 2Q 2022) Second quarter 2023 results: EPS: JP¥56.32 (down from JP¥56.80 in 2Q 2022). Revenue: JP¥10.7b (down 1.8% from 2Q 2022). Net income: JP¥3.62b (flat on 2Q 2022). Profit margin: 34% (in line with 2Q 2022). 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 21% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Outside Director Katsuhiko Kuwayama 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 • Nov 13
Second quarter 2023 earnings released: EPS: JP¥56.32 (vs JP¥56.80 in 2Q 2022) Second quarter 2023 results: EPS: JP¥56.32 (down from JP¥56.80 in 2Q 2022). Revenue: JP¥10.7b (down 1.8% from 2Q 2022). Net income: JP¥3.62b (flat on 2Q 2022). Profit margin: 34% (in line with 2Q 2022). 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 22% per year, which means it is significantly lagging earnings. Duyuru • Oct 23
JustSystems Corporation to Report Q2, 2023 Results on Nov 11, 2022 JustSystems Corporation announced that they will report Q2, 2023 results on Nov 11, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 8.3% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (2.2%). Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥56.19 (vs JP¥51.73 in 1Q 2022) First quarter 2023 results: EPS: JP¥56.19 (up from JP¥51.73 in 1Q 2022). Revenue: JP¥10.4b (up 1.3% from 1Q 2022). Net income: JP¥3.61b (up 8.6% from 1Q 2022). Profit margin: 35% (up from 32% in 1Q 2022). The increase in margin was primarily 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 7% per year, which means it is significantly lagging earnings. Duyuru • Jul 17
JustSystems Corporation to Report Q1, 2023 Results on Aug 05, 2022 JustSystems Corporation announced that they will report Q1, 2023 results on Aug 05, 2022 Duyuru • May 18
JustSystems Corporation, Annual General Meeting, Jun 24, 2022 JustSystems Corporation, Annual General Meeting, Jun 24, 2022. Reported Earnings • May 16
Full year 2022 earnings released: EPS: JP¥189 (vs JP¥171 in FY 2021) Full year 2022 results: EPS: JP¥189 (up from JP¥171 in FY 2021). Revenue: JP¥41.7b (up 1.2% from FY 2021). Net income: JP¥12.2b (up 11% from FY 2021). Profit margin: 29% (up from 27% in FY 2021). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. No experienced directors. 4 highly experienced directors. 2 independent directors (3 non-independent directors). President, CEO & Representative Director Kyotaro Sekinada is the most experienced director on the board, commencing their role in 2009. Independent Outside Director Katsuhiko Kuwayama was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Duyuru • Apr 20
JustSystems Corporation to Report Fiscal Year 2022 Results on May 13, 2022 JustSystems Corporation announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 25 June 2022. Payout ratio is a comfortable 8.4% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (1.8%). Reported Earnings • Feb 10
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥44.25 (up from JP¥33.96 in 3Q 2021). Revenue: JP¥10.0b (up 9.5% from 3Q 2021). Net income: JP¥2.84b (up 30% from 3Q 2021). Profit margin: 28% (up from 24% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 21% per year. Reported Earnings • Nov 12
Second quarter 2022 earnings released: EPS JP¥56.80 (vs JP¥51.55 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥10.9b (up 1.8% from 2Q 2021). Net income: JP¥3.65b (up 10% from 2Q 2021). Profit margin: 33% (up from 31% in 2Q 2021). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 December 2021. Trailing yield: 0.2%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.5%). Reported Earnings • Aug 06
First quarter 2022 earnings released: EPS JP¥51.73 (vs JP¥47.58 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 2.7% from 1Q 2021). Net income: JP¥3.32b (up 8.7% from 1Q 2021). Profit margin: 32% (up from 29% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 15
Full year 2021 earnings released: EPS JP¥171 (vs JP¥145 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥41.2b (up 13% from FY 2020). Net income: JP¥11.0b (up 18% from FY 2020). Profit margin: 27% (up from 25% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year whereas the company’s share price has increased by 32% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 0.2%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (1.7%). Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥46.60, the stock is trading at a trailing P/E ratio of 39x, down from the previous P/E ratio of 46.4x. This compares to an average P/E of 33x in the Software industry in Germany. Total returns to shareholders over the past three years are 174%. Is New 90 Day High Low • Feb 25
New 90-day low: €49.20 The company is down 9.0% from its price of €54.00 on 26 November 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 5.0% over the same period. Reported Earnings • Feb 11
Third quarter 2021 earnings released: EPS JP¥33.96 (vs JP¥28.42 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: JP¥9.15b (up 17% from 3Q 2020). Net income: JP¥2.18b (up 20% from 3Q 2020). Profit margin: 24% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Jan 23
New 90-day high: €60.50 The company is up 13% from its price of €53.50 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 12% over the same period. Duyuru • Jan 21
JustSystems Corporation to Report Q3, 2021 Results on Feb 09, 2021 JustSystems Corporation announced that they will report Q3, 2021 results on Feb 09, 2021 Reported Earnings • Nov 14
Second quarter 2021 earnings released: EPS JP¥51.55 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥10.7b (up 8.1% from 2Q 2020). Net income: JP¥3.31b (up 12% from 2Q 2020). Profit margin: 31% (up from 30% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jul 17
JustSystems Corporation to Report Q1, 2021 Results on Aug 06, 2020 JustSystems Corporation announced that they will report Q1, 2021 results on Aug 06, 2020