Reported Earnings • May 20
Full year 2026 earnings released: EPS: JP¥16.53 (vs JP¥2.72 in FY 2025) Full year 2026 results: EPS: JP¥16.53 (up from JP¥2.72 in FY 2025). Revenue: JP¥1.87b (up 20% from FY 2025). Net income: JP¥80.0m (up JP¥67.0m from FY 2025). Profit margin: 4.3% (up from 0.8% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Duyuru • May 15
True Data Inc., Annual General Meeting, Jun 25, 2026 True Data Inc., Annual General Meeting, Jun 25, 2026. Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥547, the stock trades at a trailing P/E ratio of 55.1x. Average trailing P/E is 17x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 19% over the past three years. Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: JP¥0.62 (vs JP¥0.21 loss in 3Q 2025) Third quarter 2026 results: EPS: JP¥0.62 (up from JP¥0.21 loss in 3Q 2025). Revenue: JP¥456.0m (up 25% from 3Q 2025). Net income: JP¥3.00m (up JP¥4.00m from 3Q 2025). Profit margin: 0.7% (up from net loss in 3Q 2025). The move to profitability 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 only increased by 9% per year, which means it is significantly lagging earnings growth. New Risk • Feb 13
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 5.9% 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: Major Risk High level of non-cash earnings (27% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (5.9% average weekly change). Profit margins are more than 30% lower than last year (2.7% net profit margin). Market cap is less than US$100m (JP¥2.83b market cap, or US$18.4m). Duyuru • Dec 09
True Data Inc. to Report Q3, 2026 Results on Feb 13, 2026 True Data Inc. announced that they will report Q3, 2026 results on Feb 13, 2026 Board Change • Nov 19
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Member of Advisory Board Yumiko Nagai was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 17
Second quarter 2026 earnings released: EPS: JP¥5.99 (vs JP¥2.52 loss in 2Q 2025) Second quarter 2026 results: EPS: JP¥5.99 (up from JP¥2.52 loss in 2Q 2025). Revenue: JP¥457.0m (up 18% from 2Q 2025). Net income: JP¥29.0m (up JP¥41.0m from 2Q 2025). Profit margin: 6.3% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Nov 17
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 27% 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 (27% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (5.4% average weekly change). Profit margins are more than 30% lower than last year (2.7% net profit margin). Market cap is less than US$100m (JP¥3.90b market cap, or US$25.2m). Duyuru • Sep 17
True Data Inc. to Report Q2, 2026 Results on Nov 14, 2025 True Data Inc. announced that they will report Q2, 2026 results on Nov 14, 2025 Reported Earnings • Aug 16
First quarter 2026 earnings released: EPS: JP¥1.65 (vs JP¥3.76 in 1Q 2025) First quarter 2026 results: EPS: JP¥1.65 (down from JP¥3.76 in 1Q 2025). Revenue: JP¥410.0m (up 7.9% from 1Q 2025). Net income: JP¥8.00m (down 56% from 1Q 2025). Profit margin: 2.0% (down from 4.7% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jun 29
True Data Inc. to Report Q1, 2026 Results on Aug 14, 2025 True Data Inc. announced that they will report Q1, 2026 results on Aug 14, 2025 Reported Earnings • Jun 25
Full year 2025 earnings released: EPS: JP¥2.72 (vs JP¥12.68 in FY 2024) Full year 2025 results: EPS: JP¥2.72 (down from JP¥12.68 in FY 2024). Revenue: JP¥1.55b (down 2.4% from FY 2024). Net income: JP¥13.0m (down 78% from FY 2024). Profit margin: 0.8% (down from 3.8% in FY 2024). Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 25% per year. Reported Earnings • May 19
Full year 2025 earnings released: EPS: JP¥2.72 (vs JP¥12.68 in FY 2024) Full year 2025 results: EPS: JP¥2.72 (down from JP¥12.68 in FY 2024). Revenue: JP¥1.55b (down 2.4% from FY 2024). Net income: JP¥13.0m (down 78% from FY 2024). Profit margin: 0.8% (down from 3.8% in FY 2024). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to JP¥901, the stock trades at a trailing P/E ratio of 68.1x. Average trailing P/E is 21x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 60% over the past three years. Duyuru • May 14
True Data Inc., Annual General Meeting, Jun 20, 2025 True Data Inc., Annual General Meeting, Jun 20, 2025. Buy Or Sell Opportunity • Apr 08
Now 24% overvalued Over the last 90 days, the stock has fallen 12% to JP¥625. The fair value is estimated to be JP¥505, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥615, the stock trades at a trailing P/E ratio of 45.6x. Average trailing P/E is 21x in the Interactive Media and Services industry in Japan. Total loss to shareholders of 12% over the past three years. Duyuru • Mar 28
True Data Inc. to Report Fiscal Year 2025 Results on May 14, 2025 True Data Inc. announced that they will report fiscal year 2025 results on May 14, 2025 Reported Earnings • Feb 16
Third quarter 2025 earnings released: JP¥0.21 loss per share (vs JP¥4.86 profit in 3Q 2024) Third quarter 2025 results: JP¥0.21 loss per share (down from JP¥4.86 profit in 3Q 2024). Revenue: JP¥365.0m (down 10% from 3Q 2024). Net loss: JP¥1.00m (down 104% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥860, the stock trades at a trailing P/E ratio of 46.4x. Average trailing P/E is 23x in the Interactive Media and Services industry in Japan. Negligible returns to shareholders over past three years. Duyuru • Jan 03
True Data Inc. to Report Q3, 2025 Results on Feb 14, 2025 True Data Inc. announced that they will report Q3, 2025 results on Feb 14, 2025 Valuation Update With 7 Day Price Move • Dec 31
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to JP¥817, the stock trades at a trailing P/E ratio of 44.1x. Average trailing P/E is 22x in the Interactive Media and Services industry in Japan. Total loss to shareholders of 22% over the past three years. Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥677, the stock trades at a trailing P/E ratio of 36.5x. Average trailing P/E is 21x in the Interactive Media and Services industry in Japan. Total loss to shareholders of 52% over the past three years. Buy Or Sell Opportunity • Dec 10
Now 21% undervalued Over the last 90 days, the stock has risen 48% to JP¥584. The fair value is estimated to be JP¥739, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥516, the stock trades at a trailing P/E ratio of 27.8x. Average trailing P/E is 21x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 9.8% over the past year. Buy Or Sell Opportunity • Oct 22
Now 20% overvalued Over the last 90 days, the stock has fallen 4.6% to JP¥437. The fair value is estimated to be JP¥363, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Duyuru • Sep 27
True Data Inc. to Report Q2, 2025 Results on Nov 12, 2024 True Data Inc. announced that they will report Q2, 2025 results on Nov 12, 2024 Buy Or Sell Opportunity • Aug 23
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 2.7% to JP¥449. The fair value is estimated to be JP¥371, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: JP¥3.76 (vs JP¥8.68 loss in 1Q 2024) First quarter 2025 results: EPS: JP¥3.76 (up from JP¥8.68 loss in 1Q 2024). Revenue: JP¥380.0m (up 1.9% from 1Q 2024). Net income: JP¥18.0m (up JP¥59.0m from 1Q 2024). Profit margin: 4.7% (up from net loss in 1Q 2024). The move to profitability was primarily driven by lower expenses. 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 5.8% 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 (5.8% average weekly change). Market cap is less than US$100m (JP¥1.70b market cap, or US$11.9m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥358, the stock trades at a trailing P/E ratio of 28.3x. Average trailing P/E is 21x in the Interactive Media and Services industry in Japan. Total loss to shareholders of 32% over the past year. Duyuru • Jul 04
True Data Inc. to Report Q1, 2025 Results on Aug 09, 2024 True Data Inc. announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • Jun 23
Full year 2024 earnings released: EPS: JP¥12.68 (vs JP¥7.03 in FY 2023) Full year 2024 results: EPS: JP¥12.68 (up from JP¥7.03 in FY 2023). Revenue: JP¥1.59b (up 11% from FY 2023). Net income: JP¥60.0m (up 82% from FY 2023). Profit margin: 3.8% (up from 2.3% in FY 2023). The increase in margin was driven by higher revenue. Reported Earnings • May 21
Full year 2024 earnings released: EPS: JP¥12.68 (vs JP¥7.03 in FY 2023) Full year 2024 results: EPS: JP¥12.68 (up from JP¥7.03 in FY 2023). Revenue: JP¥1.59b (up 11% from FY 2023). Net income: JP¥60.0m (up 82% from FY 2023). Profit margin: 3.8% (up from 2.3% in FY 2023). The increase in margin was driven by higher revenue. Duyuru • May 17
True Data Inc., Annual General Meeting, Jun 19, 2024 True Data Inc., Annual General Meeting, Jun 19, 2024. Duyuru • Mar 24
True Data Inc. to Report Fiscal Year 2024 Results on May 15, 2024 True Data Inc. announced that they will report fiscal year 2024 results on May 15, 2024 Reported Earnings • Feb 15
Third quarter 2024 earnings released: EPS: JP¥4.86 (vs JP¥0.21 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥4.86 (up from JP¥0.21 loss in 3Q 2023). Revenue: JP¥407.0m (up 17% from 3Q 2023). Net income: JP¥23.0m (up JP¥24.0m from 3Q 2023). Profit margin: 5.7% (up from net loss in 3Q 2023). Duyuru • Dec 28
True Data Inc. to Report Q3, 2024 Results on Feb 13, 2024 True Data Inc. announced that they will report Q3, 2024 results on Feb 13, 2024 Reported Earnings • Nov 16
Second quarter 2024 earnings released: EPS: JP¥4.02 (vs JP¥4.69 in 2Q 2023) Second quarter 2024 results: EPS: JP¥4.02 (down from JP¥4.69 in 2Q 2023). Revenue: JP¥412.0m (up 19% from 2Q 2023). Net income: JP¥19.0m (down 14% from 2Q 2023). Profit margin: 4.6% (down from 6.3% in 2Q 2023). Buying Opportunity • Nov 08
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 7.1%. The fair value is estimated to be JP¥583, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last year. Meanwhile, the company became loss making. Duyuru • Oct 05
True Data Inc. to Report Q2, 2024 Results on Nov 13, 2023 True Data Inc. announced that they will report Q2, 2024 results on Nov 13, 2023 Reported Earnings • Aug 12
First quarter 2024 earnings released: JP¥8.68 loss per share (vs JP¥3.84 profit in 1Q 2023) First quarter 2024 results: JP¥8.68 loss per share (down from JP¥3.84 profit in 1Q 2023). Revenue: JP¥373.0m (up 3.0% from 1Q 2023). Net loss: JP¥41.0m (down 328% from profit in 1Q 2023). Reported Earnings • Jun 25
Full year 2023 earnings released: EPS: JP¥7.03 (vs JP¥3.33 in FY 2022) Full year 2023 results: EPS: JP¥7.03 (up from JP¥3.33 in FY 2022). Revenue: JP¥1.44b (up 9.7% from FY 2022). Net income: JP¥33.0m (up 120% from FY 2022). Profit margin: 2.3% (up from 1.1% in FY 2022). Duyuru • May 31
True Data Inc. to Report Q1, 2024 Results on Aug 10, 2023 True Data Inc. announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 17
Full year 2023 earnings released: EPS: JP¥7.03 (vs JP¥3.33 in FY 2022) Full year 2023 results: EPS: JP¥7.03 (up from JP¥3.33 in FY 2022). Revenue: JP¥1.44b (up 9.7% from FY 2022). Net income: JP¥33.0m (up 120% from FY 2022). Profit margin: 2.3% (up from 1.1% in FY 2022). Valuation Update With 7 Day Price Move • May 10
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to JP¥665, the stock trades at a trailing P/E ratio of 43.5x. Average trailing P/E is 21x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 24% over the past year. Valuation Update With 7 Day Price Move • Apr 18
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥574, the stock trades at a trailing P/E ratio of 37.6x. Average trailing P/E is 21x in the Interactive Media and Services industry in Japan. Total loss to shareholders of 6.5% over the past year. Reported Earnings • Feb 15
Third quarter 2023 earnings released: JP¥0.21 loss per share (vs JP¥7.05 profit in 3Q 2022) Third quarter 2023 results: JP¥0.21 loss per share (down from JP¥7.05 profit in 3Q 2022). Revenue: JP¥349.0m (down 3.6% from 3Q 2022). Net loss: JP¥1.00m (down 103% from profit in 3Q 2022). Duyuru • Dec 28
True Data Inc. to Report Q3, 2023 Results on Feb 13, 2023 True Data Inc. announced that they will report Q3, 2023 results on Feb 13, 2023 Reported Earnings • Nov 18
Second quarter 2023 earnings released: EPS: JP¥4.69 (vs JP¥7.05 in 2Q 2022) Second quarter 2023 results: EPS: JP¥4.69 (down from JP¥7.05 in 2Q 2022). Revenue: JP¥347.0m (down 4.1% from 2Q 2022). Net income: JP¥22.0m (down 33% from 2Q 2022). Profit margin: 6.3% (down from 9.1% in 2Q 2022). The decrease in margin was driven by lower revenue. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. 1 highly experienced director. Independent Outside Director Yoshiharu Yuki was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Buying Opportunity • Sep 28
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be JP¥659, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Duyuru • Sep 03
True Data Inc. to Report Q2, 2023 Results on Nov 14, 2022 True Data Inc. announced that they will report Q2, 2023 results on Nov 14, 2022 Reported Earnings • Aug 12
First quarter 2023 earnings released First quarter 2023 results: EPS: JP¥3.84. Revenue: JP¥362.0m (flat on 1Q 2022). Net income: JP¥18.0m (up JP¥18.0m from 1Q 2022). Profit margin: 5.0% (up from null in 1Q 2022). Board Change • Aug 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. 9 experienced directors. 1 highly experienced director. Independent Outside Director Yoshiharu Yuki was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 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. 9 experienced directors. 1 highly experienced director. Independent Outside Director Yoshiharu Yuki was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Jun 29
True Data Inc. to Report Q1, 2023 Results on Aug 12, 2022 True Data Inc. announced that they will report Q1, 2023 results on Aug 12, 2022 Reported Earnings • Jun 26
Full year 2022 earnings released: EPS: JP¥3.33 (vs JP¥13.52 loss in FY 2021) Full year 2022 results: EPS: JP¥3.33 (up from JP¥13.52 loss in FY 2021). Revenue: JP¥1.31b (up 13% from FY 2021). Net income: JP¥15.0m (up JP¥75.0m from FY 2021). Profit margin: 1.1% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Reported Earnings • May 18
Full year 2022 earnings released: EPS: JP¥3.33 (vs JP¥13.52 loss in FY 2021) Full year 2022 results: EPS: JP¥3.33 (up from JP¥13.52 loss in FY 2021). Revenue: JP¥1.31b (up 13% from FY 2021). Net income: JP¥15.0m (up JP¥75.0m from FY 2021). Profit margin: 1.1% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Duyuru • May 15
True Data Inc., Annual General Meeting, Jun 22, 2022 True Data Inc., Annual General Meeting, Jun 22, 2022. Duyuru • Apr 08
True Data Inc. to Report Fiscal Year 2022 Results on May 13, 2022 True Data Inc. announced that they will report fiscal year 2022 results on May 13, 2022 Duyuru • Dec 17
True Data Inc. has completed an IPO in the amount of ¥2.738148 billion. True Data Inc. has completed an IPO in the amount of ¥2.738148 billion.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 1,233,400
Price\Range: ¥2220
Discount Per Security: ¥177.6
Transaction Features: Sponsor Backed Offering Board Change • Dec 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. Outside Director Yoshiharu Yuki was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.