Price Target Changed • May 13
Price target decreased by 9.4% to JP¥4,352 Down from JP¥4,802, the current price target is an average from 2 analysts. New target price is 40% above last closing price of JP¥3,115. Stock is down 7.3% over the past year. The company is forecast to post earnings per share of JP¥26.00 for next year compared to JP¥5.40 last year. Major Estimate Revision • May 05
Consensus EPS estimates fall by 28% The consensus outlook for earnings per share (EPS) in fiscal year 2027 has deteriorated. 2027 revenue forecast decreased from JP¥48.2b to JP¥45.8b. EPS estimate also fell from JP¥36.32 per share to JP¥26.00 per share. Net income forecast to grow 382% next year vs 7.8% growth forecast for IT industry in Japan. Consensus price target of JP¥4,802 unchanged from last update. Share price fell 3.5% to JP¥3,065 over the past week. New Risk • Apr 29
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 121% 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 Risks Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (121% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (0.6% net profit margin). Reported Earnings • Apr 28
Full year 2026 earnings: EPS exceeds analyst expectations Full year 2026 results: EPS: JP¥5.40 (down from JP¥75.22 in FY 2025). Revenue: JP¥35.3b (up 12% from FY 2025). Net income: JP¥216.0m (down 93% from FY 2025). Profit margin: 0.6% (down from 9.3% in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 66%. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Apr 27
SAKURA Internet Inc., Annual General Meeting, Jun 23, 2026 SAKURA Internet Inc., Annual General Meeting, Jun 23, 2026. Duyuru • Apr 21
SAKURA Internet Inc. to Report Fiscal Year 2026 Results on Apr 27, 2026 SAKURA Internet Inc. announced that they will report fiscal year 2026 results on Apr 27, 2026 Price Target Changed • Apr 15
Price target increased by 22% to JP¥4,906 Up from JP¥4,011, the current price target is an average from 2 analysts. New target price is 47% above last closing price of JP¥3,335. Stock is down 1.9% over the past year. The company is forecast to post earnings per share of JP¥3.25 for next year compared to JP¥75.22 last year. New Risk • Apr 03
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 7.9% 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: Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Profit margins are more than 30% lower than last year (2.2% net profit margin). Board Change • Mar 25
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 7 highly experienced directors. 3 independent directors (4 non-independent directors). Full-Time Outside Independent Audit & Supervisory Board Member Yayoi Yamaguchi was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 0.2%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.8%). Major Estimate Revision • Mar 04
Consensus EPS estimates fall by 29% The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from JP¥4.60 to JP¥3.25 per share. Revenue forecast steady at JP¥35.5b. Net income forecast to shrink 3.9% next year vs 7.4% growth forecast for IT industry in Japan . Consensus price target broadly unchanged at JP¥4,011. Share price fell 4.7% to JP¥2,845 over the past week. Major Estimate Revision • Feb 06
Consensus EPS estimates increase by 92% The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥2.40 to JP¥4.60. Revenue forecast steady at JP¥35.7b. Net income forecast to shrink 3.8% next year vs 11% growth forecast for IT industry in Japan . Consensus price target of JP¥2,939 unchanged from last update. Share price rose 7.1% to JP¥2,846 over the past week. New Risk • Jan 31
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.2% Last year net profit margin: 7.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company. Duyuru • Dec 27
SAKURA Internet Inc. to Report Q3, 2026 Results on Jan 30, 2026 SAKURA Internet Inc. announced that they will report Q3, 2026 results on Jan 30, 2026 Major Estimate Revision • Nov 05
Consensus EPS estimates have been downgraded. The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥36.2b to JP¥35.7b. Now expected to report a loss of JP¥0.20 per share instead of JP¥5.00 per share profit previously forecast. IT industry in Japan expected to see average net income growth of 11% next year. Consensus price target of JP¥2,886 unchanged from last update. Share price was steady at JP¥3,305 over the past week. Reported Earnings • Oct 30
Second quarter 2026 earnings released: JP¥7.54 loss per share (vs JP¥16.70 profit in 2Q 2025) Second quarter 2026 results: JP¥7.54 loss per share (down from JP¥16.70 profit in 2Q 2025). Revenue: JP¥8.14b (up 11% from 2Q 2025). Net loss: JP¥301.6m (down 145% from profit in 2Q 2025). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has increased by 84% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Oct 30
Dividend of JP¥5.00 announced Shareholders will receive a dividend of JP¥5.00. Ex-date: 30th March 2026 Payment date: 23rd June 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.4%. Major Estimate Revision • Oct 04
Consensus EPS estimates fall by 92%, revenue upgraded The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from JP¥35.5b to JP¥36.2b. EPS estimate fell from JP¥65.25 to JP¥5.00 per share. Net income forecast to shrink 86% next year vs 12% growth forecast for IT industry in Japan . Consensus price target of JP¥2,886 unchanged from last update. Share price fell 9.3% to JP¥3,085 over the past week. Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to JP¥3,685, the stock trades at a forward P/E ratio of 57x. Average forward P/E is 20x in the IT industry in Japan. Total returns to shareholders of 600% over the past three years. Duyuru • Sep 02
SAKURA Internet Inc. to Report Q2, 2026 Results on Oct 28, 2025 SAKURA Internet Inc. announced that they will report Q2, 2026 results on Oct 28, 2025 Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥2,940, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 20x in the IT industry in Japan. Total returns to shareholders of 401% over the past three years. Reported Earnings • Jul 30
First quarter 2026 earnings released: JP¥8.10 loss per share (vs JP¥1.15 profit in 1Q 2025) First quarter 2026 results: JP¥8.10 loss per share (down from JP¥1.15 profit in 1Q 2025). Revenue: JP¥7.49b (up 26% from 1Q 2025). Net loss: JP¥324.0m (down JP¥365.7m from profit in 1Q 2025). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jun 21
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: JP¥75.22 (up from JP¥18.24 in FY 2024). Revenue: JP¥31.4b (up 44% from FY 2024). Net income: JP¥2.94b (up 351% from FY 2024). Profit margin: 9.3% (up from 3.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 41%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 99% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jun 20
SAKURA Internet Inc. Announces Executive and Board Appointments, Effective as of June 20, 2025 With respect to personnel relationships, SAKURA Internet Inc. has appointed the following individuals from Sojitz Corporation: Ms. Tomomi Arakawa, Director, Executive Vice President, Chief Digital Officer, Chief
announced Ms. Tomomi Arakawa, Director, Executive Vice President, Chief Digital Officer, Chief Information Officer, and Head of Digital Transformation Headquarters. Reason for Appointment: To strengthen the supervisory function of our Board of Directors and enhance collaboration with Sojitz Group. Mr. Tatsuya Morita, Senior Executive Officer, Chief Compliance Officer, Chief Information Security Officer, and Head of Legal and Internal Control Division, as Outside Directors. Reason for Appointment: To strengthen the supervisory function of our Board of Directors and enhance collaboration with Sojitz Group. Mr. Tomoyuki Hirose, Deputy Head of the Consumer Industry & Agribusiness Division, as an Outside Audit & Supervisory Board Member. To strengthen the supervisory function of our Audit & Supervisory Board and enhance collaboration with Sojitz Group. Effective as of June 20, 2025. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥4,040, the stock trades at a forward P/E ratio of 57x. Average forward P/E is 19x in the IT industry in Japan. Total returns to shareholders of 629% over the past three years. Duyuru • Jun 03
SAKURA Internet Inc. to Report Q1, 2026 Results on Jul 28, 2025 SAKURA Internet Inc. announced that they will report Q1, 2026 results on Jul 28, 2025 Reported Earnings • Apr 29
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: JP¥75.22 (up from JP¥18.24 in FY 2024). Revenue: JP¥31.4b (up 44% from FY 2024). Net income: JP¥2.94b (up 351% from FY 2024). Profit margin: 9.3% (up from 3.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 41%. Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 81% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Apr 28
SAKURA Internet Inc., Annual General Meeting, Jun 20, 2025 SAKURA Internet Inc., Annual General Meeting, Jun 20, 2025. Board Change • Apr 11
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. 5 experienced directors. 7 highly experienced directors. Independent Outside Director Tomomi Arakawa was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. New Risk • Apr 08
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 8.6% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to JP¥2,859, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 17x in the IT industry in Japan. Total returns to shareholders of 424% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥4.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 6.7% but the company is not cash flow positive. Trailing yield: 0.1%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.4%). Duyuru • Mar 08
SAKURA Internet Inc. to Report Fiscal Year 2025 Results on Apr 28, 2025 SAKURA Internet Inc. announced that they will report fiscal year 2025 results on Apr 28, 2025 Reported Earnings • Feb 01
Third quarter 2025 earnings released: EPS: JP¥23.30 (vs JP¥3.61 in 3Q 2024) Third quarter 2025 results: EPS: JP¥23.30 (up from JP¥3.61 in 3Q 2024). Revenue: JP¥8.13b (up 53% from 3Q 2024). Net income: JP¥932.0m (up JP¥803.0m from 3Q 2024). Profit margin: 12% (up from 2.4% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the IT 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 increased by 110% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Jan 12
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. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (8.8% average weekly change). Minor Risk Shareholders have been diluted in the past year (12% increase in shares outstanding). Duyuru • Dec 21
SAKURA Internet Inc. to Report Q3, 2025 Results on Jan 31, 2025 SAKURA Internet Inc. announced that they will report Q3, 2025 results on Jan 31, 2025 Duyuru • Oct 30
SAKURA Internet Inc. Provides Cash Dividend Guidance for the Year Ending March 31, 2025 SAKURA Internet Inc. provided cash dividend guidance for the year ending March 31, 2025. For the year, the company expects to pay dividend of JPY 4.00 per share against JPY 3.50 per share a year ago. Declared Dividend • Oct 30
Dividend of JP¥4.00 announced Shareholders will receive a dividend of JP¥4.00. Ex-date: 28th March 2025 Payment date: 26th June 2025 Dividend yield will be 0.08%, which is lower than the industry average of 1.4%. Reported Earnings • Oct 29
Second quarter 2025 earnings released: EPS: JP¥16.70 (vs JP¥1.88 in 2Q 2024) Second quarter 2025 results: EPS: JP¥16.70 (up from JP¥1.88 in 2Q 2024). Revenue: JP¥7.34b (up 40% from 2Q 2024). Net income: JP¥668.3m (up JP¥601.3m from 2Q 2024). Profit margin: 9.1% (up from 1.3% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the IT 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 increased by 104% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Oct 28
SAKURA Internet Inc. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2025 SAKURA Internet Inc. provided consolidated earnings guidance for the year ending March 31, 2025. For the year, the company expects net sales of JPY 29,000 million, operating profit of JPY 2,600 million, profit attributable to owners of parent of JPY 1,550 million or JPY 39.71 per share. Duyuru • Aug 27
SAKURA Internet Inc. to Report Q2, 2025 Results on Oct 28, 2024 SAKURA Internet Inc. announced that they will report Q2, 2025 results on Oct 28, 2024 Reported Earnings • Jul 31
First quarter 2025 earnings released: EPS: JP¥1.13 (vs JP¥3.03 in 1Q 2024) First quarter 2025 results: EPS: JP¥1.13 (down from JP¥3.03 in 1Q 2024). Revenue: JP¥5.94b (up 16% from 1Q 2024). Net income: JP¥41.0m (down 62% from 1Q 2024). Profit margin: 0.7% (down from 2.1% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 73% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 01
Full year 2024 earnings released: EPS: JP¥18.24 (vs JP¥18.27 in FY 2023) Full year 2024 results: EPS: JP¥18.24 (down from JP¥18.27 in FY 2023). Revenue: JP¥21.8b (up 5.8% from FY 2023). Net income: JP¥651.0m (down 2.3% from FY 2023). Profit margin: 3.0% (down from 3.2% in FY 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 increased by 104% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Apr 29
SAKURA Internet Inc., Annual General Meeting, Jun 25, 2024 SAKURA Internet Inc., Annual General Meeting, Jun 25, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥3.50 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 June 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. The company last paid an ordinary dividend in July 2015. The average dividend yield among industry peers is 1.4%. Duyuru • Mar 02
SAKURA Internet Inc. to Report Fiscal Year 2024 Results on Apr 26, 2024 SAKURA Internet Inc. announced that they will report fiscal year 2024 results on Apr 26, 2024 Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥3.61 (vs JP¥4.64 in 3Q 2023) Third quarter 2024 results: EPS: JP¥3.61 (down from JP¥4.64 in 3Q 2023). Revenue: JP¥5.32b (up 5.2% from 3Q 2023). Net income: JP¥129.0m (down 24% from 3Q 2023). Profit margin: 2.4% (down from 3.4% in 3Q 2023). The decrease in margin was driven by higher expenses. 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 82% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Nov 26
SAKURA Internet Inc. to Report Q3, 2024 Results on Jan 31, 2024 SAKURA Internet Inc. announced that they will report Q3, 2024 results on Jan 31, 2024 Reported Earnings • Nov 01
Second quarter 2024 earnings released: EPS: JP¥1.88 (vs JP¥2.87 in 2Q 2023) Second quarter 2024 results: EPS: JP¥1.88 (down from JP¥2.87 in 2Q 2023). Revenue: JP¥5.24b (up 4.2% from 2Q 2023). Net income: JP¥67.0m (down 36% from 2Q 2023). Profit margin: 1.3% (down from 2.1% 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 9% per year whereas the company’s share price has increased by 14% per year. Duyuru • Aug 31
SAKURA Internet Inc. to Report Q2, 2024 Results on Oct 30, 2023 SAKURA Internet Inc. announced that they will report Q2, 2024 results on Oct 30, 2023 Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥1,116, the stock trades at a trailing P/E ratio of 63x. Average trailing P/E is 19x in the IT industry in Japan. Total returns to shareholders of 92% over the past three years. Reported Earnings • Aug 01
First quarter 2024 earnings released: EPS: JP¥3.03 (vs JP¥3.89 in 1Q 2023) First quarter 2024 results: EPS: JP¥3.03 (down from JP¥3.89 in 1Q 2023). Revenue: JP¥5.11b (up 2.8% from 1Q 2023). Net income: JP¥108.0m (down 24% from 1Q 2023). Profit margin: 2.1% (down from 2.9% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jun 29
SAKURA Internet Inc. to Report Q1, 2024 Results on Jul 31, 2023 SAKURA Internet Inc. announced that they will report Q1, 2024 results on Jul 31, 2023 Reported Earnings • Jun 18
Full year 2023 earnings released: EPS: JP¥18.27 (vs JP¥7.54 in FY 2022) Full year 2023 results: EPS: JP¥18.27 (up from JP¥7.54 in FY 2022). Revenue: JP¥20.6b (up 3.0% from FY 2022). Net income: JP¥666.0m (up 142% from FY 2022). Profit margin: 3.2% (up from 1.4% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. New Risk • Jun 17
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 8.8% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to JP¥856, the stock trades at a trailing P/E ratio of 45.8x. Average trailing P/E is 19x in the IT industry in Japan. Total returns to shareholders of 34% over the past three years. Buying Opportunity • Jun 08
Now 21% undervalued Over the last 90 days, the stock is up 5.1%. The fair value is estimated to be JP¥839, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.6% over the last 3 years. Earnings per share has grown by 23%. Buying Opportunity • May 19
Now 22% undervalued Over the last 90 days, the stock is up 7.9%. The fair value is estimated to be JP¥832, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.6% over the last 3 years. Earnings per share has grown by 23%. Buying Opportunity • May 02
Now 23% undervalued Over the last 90 days, the stock is up 18%. The fair value is estimated to be JP¥841, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.6% over the last 3 years. Earnings per share has grown by 23%. Reported Earnings • Apr 29
Full year 2023 earnings released: EPS: JP¥18.27 (vs JP¥7.54 in FY 2022) Full year 2023 results: EPS: JP¥18.27 (up from JP¥7.54 in FY 2022). Revenue: JP¥20.6b (up 3.0% from FY 2022). Net income: JP¥666.0m (up 142% from FY 2022). Profit margin: 3.2% (up from 1.4% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥3.50 per share at 0.6% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 26 June 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.7%). Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥573, the stock trades at a trailing P/E ratio of 33.2x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 2.6% over the past three years. Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥602, the stock trades at a trailing P/E ratio of 35.8x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 4.4% over the past three years. Duyuru • Feb 01
SAKURA Internet Inc. (TSE:3778) announces an Equity Buyback for 1,200,000 shares, representing 3.28% for ¥600 million. SAKURA Internet Inc. (TSE:3778) announces a share repurchase program. Under the program, the company will repurchase up to 1,200,000 shares, representing 3.28% of its total shares outstanding (excluding treasury shares), for a total of ¥600 million. The purpose of repurchase program is to improve capital efficiency, to enhance the shareholders returns and to use the shares for restricted stock compensation as an incentive for sustainable growth and for future mergers and acquisitions. The repurchase program is valid till November 30, 2023. As of December 31, 2022, the company had 36,605,056 shares outstanding (excluding treasury shares) and had 1,015,644 shares in treasury. Reported Earnings • Feb 01
Third quarter 2023 earnings released: EPS: JP¥4.64 (vs JP¥4.00 in 3Q 2022) Third quarter 2023 results: EPS: JP¥4.64 (up from JP¥4.00 in 3Q 2022). Revenue: JP¥5.05b (up 1.9% from 3Q 2022). Net income: JP¥170.0m (up 16% from 3Q 2022). Profit margin: 3.4% (up from 2.9% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Duyuru • Jan 25
SAKURA Internet Inc. to Report Q3, 2023 Results on Jan 31, 2023 SAKURA Internet Inc. announced that they will report Q3, 2023 results on Jan 31, 2023 Reported Earnings • Oct 30
Second quarter 2023 earnings released: EPS: JP¥2.87 (vs JP¥3.26 loss in 2Q 2022) Second quarter 2023 results: EPS: JP¥2.87 (up from JP¥3.26 loss in 2Q 2022). Revenue: JP¥5.03b (up 3.8% from 2Q 2022). Net income: JP¥105.0m (up JP¥224.0m from 2Q 2022). Profit margin: 2.1% (up from net loss in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Duyuru • Oct 05
SAKURA Internet Inc. to Report Q2, 2023 Results on Oct 28, 2022 SAKURA Internet Inc. announced that they will report Q2, 2023 results on Oct 28, 2022 Reported Earnings • Jul 30
First quarter 2023 earnings released: EPS: JP¥3.89 (vs JP¥1.37 in 1Q 2022) First quarter 2023 results: EPS: JP¥3.89 (up from JP¥1.37 in 1Q 2022). Revenue: JP¥4.96b (up 3.0% from 1Q 2022). Net income: JP¥142.0m (up 184% from 1Q 2022). Profit margin: 2.9% (up from 1.0% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Duyuru • Jun 29
SAKURA Internet Inc. to Report Q1, 2023 Results on Jul 28, 2022 SAKURA Internet Inc. announced that they will report Q1, 2023 results on Jul 28, 2022 Reported Earnings • Jun 20
Full year 2022 earnings released: EPS: JP¥7.54 (vs JP¥20.78 in FY 2021) Full year 2022 results: EPS: JP¥7.54 (down from JP¥20.78 in FY 2021). Revenue: JP¥20.0b (down 9.7% from FY 2021). Net income: JP¥275.0m (down 64% from FY 2021). Profit margin: 1.4% (down from 3.4% in FY 2021). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Apr 30
Full year 2022 earnings released: EPS: JP¥7.54 (vs JP¥20.78 in FY 2021) Full year 2022 results: EPS: JP¥7.54 (down from JP¥20.78 in FY 2021). Revenue: JP¥20.0b (down 9.7% from FY 2021). Net income: JP¥275.0m (down 64% from FY 2021). Profit margin: 1.4% (down from 3.4% in FY 2021). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Duyuru • Apr 07
SAKURA Internet Inc. to Report Fiscal Year 2022 Results on Apr 27, 2022 SAKURA Internet Inc. announced that they will report fiscal year 2022 results on Apr 27, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥3.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 23 June 2022. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.5%). Reported Earnings • Feb 02
Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2022 results: EPS: JP¥4.00 (down from JP¥5.29 in 3Q 2021). Revenue: JP¥4.96b (down 6.6% from 3Q 2021). Net income: JP¥146.0m (down 24% from 3Q 2021). Profit margin: 2.9% (down from 3.6% in 3Q 2021). Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) exceeded analyst estimates by 17%. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Duyuru • Jan 30
SAKURA Internet Inc. to Report Q3, 2022 Results on Jan 31, 2022 SAKURA Internet Inc. announced that they will report Q3, 2022 results on Jan 31, 2022