Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥1,706, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 14x in the IT industry in Japan. Total loss to shareholders of 5.7% over the past three years. Buy Or Sell Opportunity • Mar 30
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.6% to JP¥1,378. The fair value is estimated to be JP¥1,730, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 4.0%. Reported Earnings • Feb 14
First quarter 2026 earnings released First quarter 2026 results: EPS: JP¥15.37. Net income: JP¥116.0m (up JP¥116.0m from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 7% per year. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,613, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 21% over the past three years. Reported Earnings • Dec 30
Full year 2025 earnings released: EPS: JP¥67.16 (vs JP¥50.83 in FY 2024) Full year 2025 results: EPS: JP¥67.16 (up from JP¥50.83 in FY 2024). Revenue: JP¥4.10b (up 15% from FY 2024). Net income: JP¥509.0m (up 32% from FY 2024). Profit margin: 12% (up from 11% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 2% per year. Duyuru • Dec 27
T&S Group Inc. to Report Q1, 2026 Results on Feb 12, 2026 T&S Group Inc. announced that they will report Q1, 2026 results on Feb 12, 2026 Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to JP¥1,735, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 14% over the past three years. Duyuru • Nov 12
T&S Group Inc., Annual General Meeting, Dec 24, 2025 T&S Group Inc., Annual General Meeting, Dec 24, 2025. Valuation Update With 7 Day Price Move • Oct 08
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to JP¥1,349, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 4.6% over the past three years. Buy Or Sell Opportunity • Oct 02
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 3.7% to JP¥1,213. The fair value is estimated to be JP¥990, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last year. Earnings per share has declined by 16%. New Risk • Oct 01
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 5.1% 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 Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Share price has been volatile over the past 3 months (5.1% average weekly change). Market cap is less than US$100m (JP¥8.08b market cap, or US$54.9m). Duyuru • Sep 27
T&S Group Inc. to Report Fiscal Year 2025 Results on Nov 12, 2025 T&S Group Inc. announced that they will report fiscal year 2025 results on Nov 12, 2025 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 25 December 2025. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.2%). Buy Or Sell Opportunity • Sep 16
Now 21% overvalued Over the last 90 days, the stock has fallen 2.5% to JP¥1,177. The fair value is estimated to be JP¥976, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 12%. Buy Or Sell Opportunity • Aug 22
Now 20% overvalued Over the last 90 days, the stock has fallen 2.7% to JP¥1,203. The fair value is estimated to be JP¥1,002, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 12%. Buy Or Sell Opportunity • Jul 23
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 8.2% to JP¥1,228. The fair value is estimated to be JP¥1,022, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 12%. New Risk • Jul 13
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Share price has been volatile over the past 3 months (5.5% average weekly change). Market cap is less than US$100m (JP¥8.98b market cap, or US$60.9m). Duyuru • Jun 27
T&S Group Inc. to Report Q3, 2025 Results on Aug 14, 2025 T&S Group Inc. announced that they will report Q3, 2025 results on Aug 14, 2025 Buy Or Sell Opportunity • Jun 24
Now 21% overvalued Over the last 90 days, the stock has fallen 6.8% to JP¥1,258. The fair value is estimated to be JP¥1,040, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Buy Or Sell Opportunity • May 27
Now 27% overvalued Over the last 90 days, the stock has fallen 4.4% to JP¥1,317. The fair value is estimated to be JP¥1,040, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Declared Dividend • May 16
Dividend of JP¥8.00 announced Shareholders will receive a dividend of JP¥8.00. Ex-date: 29th September 2025 Payment date: 25th December 2025 Dividend yield will be 0.7%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 17%. Cash payout ratio: 14%. New Risk • Apr 07
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 6.6% 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 (6.6% average weekly change). Market cap is less than US$100m (JP¥6.53b market cap, or US$44.6m). Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥1,107, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 18x in the IT industry in Japan. Total loss to shareholders of 45% over the past three years. Duyuru • Mar 27
T&S Group Inc. to Report Q2, 2025 Results on May 14, 2025 T&S Group Inc. announced that they will report Q2, 2025 results on May 14, 2025 Duyuru • Jan 03
T&S Group Inc. to Report Q1, 2025 Results on Feb 14, 2025 T&S Group Inc. announced that they will report Q1, 2025 results on Feb 14, 2025 Duyuru • Nov 15
T&S Group Inc., Annual General Meeting, Dec 24, 2024 T&S Group Inc., Annual General Meeting, Dec 24, 2024. Reported Earnings • Oct 17
Third quarter 2024 earnings released: EPS: JP¥13.00 (vs JP¥13.34 in 3Q 2023) Third quarter 2024 results: EPS: JP¥13.00 (down from JP¥13.34 in 3Q 2023). Revenue: JP¥873.7m (up 7.6% from 3Q 2023). Net income: JP¥98.5m (down 2.5% from 3Q 2023). Profit margin: 11% (down from 12% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.9% p.a. on average during the next 2 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 fallen by 13% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Duyuru • Sep 27
T&S Group Inc. to Report Q4, 2024 Results on Nov 14, 2024 T&S Group Inc. announced that they will report Q4, 2024 results at 3:00 PM, Tokyo Standard Time on Nov 14, 2024 New Risk • Sep 19
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 10% 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 (10% average weekly change). Minor Risk Market cap is less than US$100m (JP¥13.3b market cap, or US$92.9m). Valuation Update With 7 Day Price Move • Sep 18
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥1,755, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 18x in the IT industry in Japan. Total loss to shareholders of 14% over the past three years. Duyuru • Aug 27
T&S Group Inc. to Report Q3, 2024 Results on Oct 15, 2024 T&S Group Inc. announced that they will report Q3, 2024 results on Oct 15, 2024 Buy Or Sell Opportunity • Aug 07
Now 24% overvalued Over the last 90 days, the stock has fallen 25% to JP¥1,270. The fair value is estimated to be JP¥1,028, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has declined by 9.9%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 28% in the next 2 years. New Risk • Aug 05
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 8.9% 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 (8.9% average weekly change). Minor Risk Market cap is less than US$100m (JP¥8.84b market cap, or US$62.1m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 31% After last week's 31% share price decline to JP¥1,167, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 17x in the IT industry in Japan. Total loss to shareholders of 42% over the past three years. Reported Earnings • Jul 16
Second quarter 2024 earnings released: EPS: JP¥15.57 (vs JP¥16.50 in 2Q 2023) Second quarter 2024 results: EPS: JP¥15.57 (down from JP¥16.50 in 2Q 2023). Revenue: JP¥933.0m (up 3.4% from 2Q 2023). Net income: JP¥118.0m (down 5.6% from 2Q 2023). Profit margin: 13% (down from 14% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% 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 fallen by 10% per year whereas the company’s share price has fallen by 11% per year. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,621, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 19x in the IT industry in Japan. Total loss to shareholders of 28% over the past three years. Duyuru • May 29
T&S inc. to Report Q2, 2024 Results on Jul 12, 2024 T&S inc. announced that they will report Q2, 2024 results on Jul 12, 2024 Reported Earnings • Apr 14
First quarter 2024 earnings released: EPS: JP¥13.29 (vs JP¥13.25 in 1Q 2023) First quarter 2024 results: EPS: JP¥13.29 (up from JP¥13.25 in 1Q 2023). Revenue: JP¥838.0m (up 4.0% from 1Q 2023). Net income: JP¥100.7m (flat on 1Q 2023). Profit margin: 12% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 11% per year. New Risk • Mar 26
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.1b (US$100.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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 (6.1% average weekly change). Market cap is less than US$100m (JP¥15.1b market cap, or US$100.0m). Duyuru • Feb 28
T&S inc. to Report Q1, 2024 Results on Apr 12, 2024 T&S inc. announced that they will report Q1, 2024 results on Apr 12, 2024 Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥2,346, the stock trades at a trailing P/E ratio of 37.6x. Average trailing P/E is 19x in the IT industry in Japan. Total loss to shareholders of 23% over the past three years. Reported Earnings • Jan 15
Full year 2023 earnings released: EPS: JP¥62.50 (vs JP¥58.11 in FY 2022) Full year 2023 results: EPS: JP¥62.50 (up from JP¥58.11 in FY 2022). Revenue: JP¥3.44b (up 5.7% from FY 2022). Net income: JP¥473.0m (up 7.5% from FY 2022). Profit margin: 14% (in line with FY 2022). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 1% per year. Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥2,957, the stock trades at a trailing P/E ratio of 48.3x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 22% over the past three years. Duyuru • Nov 23
T&S inc. to Report Fiscal Year 2023 Results on Jan 12, 2024 T&S inc. announced that they will report fiscal year 2023 results on Jan 12, 2024 Upcoming Dividend • Nov 22
Upcoming dividend of JP¥6.55 per share at 0.2% yield Eligible shareholders must have bought the stock before 29 November 2023. Payment date: 27 February 2024. Trailing yield: 0.2%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.5%). Valuation Update With 7 Day Price Move • Nov 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥2,317, the stock trades at a trailing P/E ratio of 37.8x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 33% over the past three years. New Risk • Oct 25
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.9b (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (JP¥14.9b market cap, or US$99.4m). Reported Earnings • Oct 14
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: JP¥812.5m (up 5.4% from 3Q 2022). Net income: JP¥101.0m (up 4.2% from 3Q 2022). Profit margin: 12% (in line with 3Q 2022). Duyuru • Oct 13
T&S inc. Provides Dividend Guidance for the Fiscal Year Ending November 30, 2023 T&S inc. provided dividend guidance for the fiscal year ending November 30, 2023. For the year-end, the company expects to pay dividend of JPY 6.55 per share against JPY 6.00 per share paid a year ago. Valuation Update With 7 Day Price Move • Oct 05
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥2,122, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 51% over the past three years. Duyuru • Aug 27
T&S inc. to Report Q3, 2023 Results on Oct 13, 2023 T&S inc. announced that they will report Q3, 2023 results on Oct 13, 2023 Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥3,030, the stock trades at a trailing P/E ratio of 49.9x. Average trailing P/E is 19x in the IT industry in Japan. Total returns to shareholders of 90% over the past year. Reported Earnings • Jul 16
Second quarter 2023 earnings released: EPS: JP¥16.50 (vs JP¥15.45 in 2Q 2022) Second quarter 2023 results: EPS: JP¥16.50 (up from JP¥15.45 in 2Q 2022). Revenue: JP¥902.0m (up 8.2% from 2Q 2022). Net income: JP¥125.0m (up 6.8% from 2Q 2022). Profit margin: 14% (in line with 2Q 2022). Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥3,105, the stock trades at a trailing P/E ratio of 52x. Average trailing P/E is 19x in the IT industry in Japan. Total returns to shareholders of 126% over the past year. Duyuru • May 26
T&S inc. to Report Q2, 2023 Results on Jul 14, 2023 T&S inc. announced that they will report Q2, 2023 results on Jul 14, 2023 Valuation Update With 7 Day Price Move • May 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥2,161, the stock trades at a trailing P/E ratio of 36.2x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 51% over the past year. Reported Earnings • Apr 15
First quarter 2023 earnings released First quarter 2023 results: Revenue: JP¥806.0m (up 10.0% from 1Q 2022). Net income: JP¥100.9m (up 15% from 1Q 2022). Profit margin: 13% (in line with 1Q 2022). Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥2,082, the stock trades at a trailing P/E ratio of 35.7x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 14% over the past year. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to JP¥1,904, the stock trades at a trailing P/E ratio of 32.6x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 39% over the past year. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥1,517, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 15% over the past year. Reported Earnings • Jan 14
Full year 2022 earnings released: EPS: JP¥58.11 (vs JP¥78.69 in FY 2021) Full year 2022 results: EPS: JP¥58.11. Revenue: JP¥3.26b (up 19% from FY 2021). Net income: JP¥440.0m (up 50% from FY 2021). Profit margin: 14% (up from 11% in FY 2021). The increase in margin was driven by higher revenue. Duyuru • Jan 13
T&S inc., Annual General Meeting, Feb 24, 2023 T&S inc., Annual General Meeting, Feb 24, 2023. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥1,335, the stock trades at a trailing P/E ratio of 25.4x. Average trailing P/E is 17x in the IT industry in Japan. Total loss to shareholders of 9.2% over the past year. Duyuru • Dec 01
T&S inc. to Report Fiscal Year 2022 Results on Jan 13, 2023 T&S inc. announced that they will report fiscal year 2022 results on Jan 13, 2023 Upcoming Dividend • Nov 22
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 29 November 2022. Payment date: 28 February 2023. Trailing yield: 0.3%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.6%). Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improved over the past week After last week's 25% share price gain to JP¥1,587, the stock trades at a trailing P/E ratio of 30.2x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 26% over the past year. 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. 4 non-independent directors. Independent Outside Director Atsushi Mochizuki was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment deteriorated over the past week After last week's 15% share price decline to JP¥1,201, the stock trades at a trailing P/E ratio of 22.8x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 37% over the past year. Reported Earnings • Oct 17
Third quarter 2022 earnings released: EPS: JP¥12.86 (vs JP¥9.85 in 3Q 2021) Third quarter 2022 results: EPS: JP¥12.86 (up from JP¥9.85 in 3Q 2021). Revenue: JP¥770.6m (up 12% from 3Q 2021). Net income: JP¥97.0m (up 29% from 3Q 2021). Profit margin: 13% (up from 11% in 3Q 2021). The increase in margin was driven by higher revenue. Reported Earnings • Jul 17
Second quarter 2022 earnings released: EPS: JP¥15.45 (vs JP¥9.93 in 2Q 2021) Second quarter 2022 results: EPS: JP¥15.45 (up from JP¥9.93 in 2Q 2021). Revenue: JP¥834.7m (up 19% from 2Q 2021). Net income: JP¥117.0m (up 58% from 2Q 2021). Profit margin: 14% (up from 11% in 2Q 2021). The increase in margin was driven by higher revenue. Duyuru • May 29
T&S inc. to Report Q2, 2022 Results on Jul 14, 2022 T&S inc. announced that they will report Q2, 2022 results on Jul 14, 2022 Board Change • Apr 27
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. 4 non-independent directors. Independent Outside Director Atsushi Mochizuki was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 16
First quarter 2022 earnings released: EPS: JP¥11.65 (vs JP¥6.95 in 1Q 2021) First quarter 2022 results: EPS: JP¥11.65 (up from JP¥6.95 in 1Q 2021). Revenue: JP¥733.1m (up 25% from 1Q 2021). Net income: JP¥88.8m (up 78% from 1Q 2021). Profit margin: 12% (up from 8.5% in 1Q 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment deteriorated over the past week After last week's 15% share price decline to JP¥1,775, the stock trades at a trailing P/E ratio of 45.7x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 32% over the past year. Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment improved over the past week After last week's 23% share price gain to JP¥1,565, the stock trades at a trailing P/E ratio of 40.4x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 26% over the past year.