Declared Dividend • Apr 15
Dividend of JP¥18.00 announced Shareholders will receive a dividend of JP¥18.00. Ex-date: 28th August 2026 Payment date: 30th November 2026 Dividend yield will be 1.4%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 35% per year over the past 6 years and payments have been stable during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 14
Second quarter 2026 earnings released: EPS: JP¥21.03 (vs JP¥34.91 in 2Q 2025) Second quarter 2026 results: EPS: JP¥21.03 (down from JP¥34.91 in 2Q 2025). Revenue: JP¥1.20b (down 6.5% from 2Q 2025). Net income: JP¥84.0m (down 40% from 2Q 2025). Profit margin: 7.0% (down from 11% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to JP¥1,241, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 17x in the Software industry in Japan. Total returns to shareholders of 25% over the past three years. Duyuru • Apr 03
WITZ Corporation to Report Q2, 2026 Results on Apr 13, 2026 WITZ Corporation announced that they will report Q2, 2026 results on Apr 13, 2026 Reported Earnings • Jan 10
First quarter 2026 earnings released: EPS: JP¥41.37 (vs JP¥21.61 in 1Q 2025) First quarter 2026 results: EPS: JP¥41.37 (up from JP¥21.61 in 1Q 2025). Revenue: JP¥1.42b (up 35% from 1Q 2025). Net income: JP¥165.0m (up 92% from 1Q 2025). Profit margin: 12% (up from 8.2% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. New Risk • Jan 09
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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.8% average weekly change). Minor Risk Market cap is less than US$100m (JP¥5.90b market cap, or US$37.5m). Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to JP¥1,480, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 20x in the Software industry in Japan. Total returns to shareholders of 66% over the past three years. Duyuru • Nov 15
WITZ Corporation to Report Q1, 2026 Results on Jan 09, 2026 WITZ Corporation announced that they will report Q1, 2026 results on Jan 09, 2026 Reported Earnings • Oct 15
Full year 2025 earnings released: EPS: JP¥106 (vs JP¥67.69 in FY 2024) Full year 2025 results: EPS: JP¥106 (up from JP¥67.69 in FY 2024). Revenue: JP¥4.86b (up 40% from FY 2024). Net income: JP¥424.0m (up 54% from FY 2024). Profit margin: 8.7% (up from 7.9% 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 42% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Duyuru • Oct 14
WITZ Corporation, Annual General Meeting, Nov 27, 2025 WITZ Corporation, Annual General Meeting, Nov 27, 2025. Upcoming Dividend • Aug 21
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 28 August 2025. Payment date: 01 December 2025. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.5%). Duyuru • Aug 07
WITZ Corporation to Report Fiscal Year 2025 Results on Oct 14, 2025 WITZ Corporation announced that they will report fiscal year 2025 results on Oct 14, 2025 Reported Earnings • Jul 16
Third quarter 2025 earnings released: EPS: JP¥27.85 (vs JP¥19.67 in 3Q 2024) Third quarter 2025 results: EPS: JP¥27.85 (up from JP¥19.67 in 3Q 2024). Revenue: JP¥1.34b (up 41% from 3Q 2024). Net income: JP¥111.0m (up 39% from 3Q 2024). Profit margin: 8.3% (down from 8.4% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Duyuru • May 30
WITZ Corporation has filed a Follow-on Equity Offering in the amount of ¥457.6 million. WITZ Corporation has filed a Follow-on Equity Offering in the amount of ¥457.6 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 400,000
Price\Range: ¥1144
Discount Per Security: ¥67.71 Valuation Update With 7 Day Price Move • May 28
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,231, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 20x in the Software industry in Japan. Total returns to shareholders of 5.8% over the past three years. New Risk • May 21
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 9.6% 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.6% average weekly change). High level of non-cash earnings (32% accrual ratio). Minor Risk Market cap is less than US$100m (JP¥4.26b market cap, or US$29.6m). Duyuru • Apr 23
WITZ Corporation Provides Consolidated Earnings Guidance for the Year Ending August 31, 2025 WITZ Corporation provided consolidated earnings guidance for the year ending August 31, 2025. For the full year, the company expects net sales of JPY 4,100 million, Operating profit of JPY 337 million, Profit attributable to owners of parent of JPY 234 million, Earnings per share of JPY 58.63. Declared Dividend • Apr 14
Dividend of JP¥15.00 announced Shareholders will receive a dividend of JP¥15.00. Ex-date: 28th August 2025 Payment date: 1st December 2025 Dividend yield will be 1.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 38% per year over the past 5 years and payments have been stable during that time. Earnings per share has grown by 10% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 12
Second quarter 2025 earnings released: EPS: JP¥34.91 (vs JP¥12.99 in 2Q 2024) Second quarter 2025 results: EPS: JP¥34.91 (up from JP¥12.99 in 2Q 2024). Revenue: JP¥1.29b (up 63% from 2Q 2024). Net income: JP¥139.0m (up 162% from 2Q 2024). Profit margin: 11% (up from 6.7% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.6% average weekly change). Earnings have declined by 4.2% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥3.46b market cap, or US$23.6m). 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¥853, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 19x in the Software industry in Japan. Total loss to shareholders of 32% over the past three years. Duyuru • Feb 06
WITZ Corporation to Report Q2, 2025 Results on Apr 11, 2025 WITZ Corporation announced that they will report Q2, 2025 results on Apr 11, 2025 Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥1,066, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 21x in the Software industry in Japan. Total loss to shareholders of 11% over the past three years. 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 Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (5.4% average weekly change). Market cap is less than US$100m (JP¥4.18b market cap, or US$26.5m). Valuation Update With 7 Day Price Move • Jan 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥1,052, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 22x in the Software industry in Japan. Total loss to shareholders of 22% over the past three years. New Risk • Dec 25
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: Major Risk Earnings have declined by 8.6% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.1% average weekly change). Market cap is less than US$100m (JP¥3.74b market cap, or US$23.8m). New Risk • Dec 16
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 Risk No financial data reported. Minor Risk Market cap is less than US$100m (JP¥3.89b market cap, or US$25.3m). Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥970, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 22x in the Software industry in Japan. Total loss to shareholders of 24% over the past three years. Duyuru • Nov 07
WITZ Corporation to Report Q1, 2025 Results on Jan 10, 2025 WITZ Corporation announced that they will report Q1, 2025 results on Jan 10, 2025 New Risk • Oct 18
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.8% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.6% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥3.28b market cap, or US$21.9m). Duyuru • Oct 11
WITZ Corporation, Annual General Meeting, Nov 28, 2024 WITZ Corporation, Annual General Meeting, Nov 28, 2024. Upcoming Dividend • Aug 22
Upcoming dividend of JP¥13.00 per share Eligible shareholders must have bought the stock before 29 August 2024. Payment date: 29 November 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.3%). Duyuru • Aug 07
WITZ Corporation to Report Fiscal Year 2024 Results on Oct 11, 2024 WITZ Corporation announced that they will report fiscal year 2024 results on Oct 11, 2024 Reported Earnings • Jul 16
Third quarter 2024 earnings released: EPS: JP¥19.67 (vs JP¥2.45 in 3Q 2023) Third quarter 2024 results: EPS: JP¥19.67 (up from JP¥2.45 in 3Q 2023). Revenue: JP¥951.0m (up 51% from 3Q 2023). Net income: JP¥80.0m (up JP¥70.0m from 3Q 2023). Profit margin: 8.4% (up from 1.6% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 23% per year. Duyuru • May 11
WITZ Corporation to Report Q3, 2024 Results on Jul 12, 2024 WITZ Corporation announced that they will report Q3, 2024 results on Jul 12, 2024 Declared Dividend • Apr 14
Dividend of JP¥8.00 announced Dividend of JP¥8.00 is the same as last year. Ex-date: 29th August 2024 Payment date: 29th November 2024 Dividend yield will be 1.0%, which is lower than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 28% per year over the past 4 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 61% to shift the payout ratio to a potentially unsustainable range, which is more than the 20% EPS decline seen over the last 5 years. Duyuru • Feb 08
WITZ Corporation to Report Q2, 2024 Results on Apr 12, 2024 WITZ Corporation announced that they will report Q2, 2024 results on Apr 12, 2024 Reported Earnings • Jan 14
First quarter 2024 earnings released: EPS: JP¥7.84 (vs JP¥13.19 in 1Q 2023) First quarter 2024 results: EPS: JP¥7.84 (down from JP¥13.19 in 1Q 2023). Revenue: JP¥700.0m (up 12% from 1Q 2023). Net income: JP¥32.0m (down 42% from 1Q 2023). Profit margin: 4.6% (down from 8.8% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings. Duyuru • Dec 15
WITZ Corporation (TSE:4440) announces an Equity Buyback for 140,000 shares, representing 3.43% for ¥140 million. WITZ Corporation (TSE:4440) announces a share repurchase program. Under the program, the company will repurchase up to 140,000 shares, representing 3.43% of its total shares outstanding excluding treasury shares, for a total of ¥140 million. The purpose of repurchase program is to carry out flexible capital policies in response to changes in the business environment. The repurchase program is valid till December 14, 2024. As of August 31, 2023, the company had 4,083,536 shares outstanding excluding treasury shares and had 92,464 shares in treasury. Duyuru • Nov 29
WITZ Corporation to Report Q1, 2024 Results on Jan 12, 2024 WITZ Corporation announced that they will report Q1, 2024 results on Jan 12, 2024 Duyuru • Oct 14
WITZ Corporation, Annual General Meeting, Nov 28, 2023 WITZ Corporation, Annual General Meeting, Nov 28, 2023. Reported Earnings • Oct 13
Full year 2023 earnings released: EPS: JP¥32.34 (vs JP¥42.01 in FY 2022) Full year 2023 results: EPS: JP¥32.34 (down from JP¥42.01 in FY 2022). Revenue: JP¥2.50b (up 6.7% from FY 2022). Net income: JP¥133.0m (down 24% from FY 2022). Profit margin: 5.3% (down from 7.5% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥8.00 per share at 0.7% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 30 November 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.7%). Duyuru • Aug 03
WITZ Corporation to Report Fiscal Year 2023 Results on Oct 12, 2023 WITZ Corporation announced that they will report fiscal year 2023 results on Oct 12, 2023 Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥1,166, the stock trades at a trailing P/E ratio of 28x. Average trailing P/E is 24x in the Software industry in Japan. Total loss to shareholders of 51% over the past three years. Reported Earnings • Jul 16
Third quarter 2023 earnings released: EPS: JP¥2.45 (vs JP¥14.15 in 3Q 2022) Third quarter 2023 results: EPS: JP¥2.45 (down from JP¥14.15 in 3Q 2022). Revenue: JP¥632.0m (down 6.2% from 3Q 2022). Net income: JP¥10.0m (down 83% from 3Q 2022). Profit margin: 1.6% (down from 8.8% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. 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 14% per year. Valuation Update With 7 Day Price Move • May 29
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to JP¥1,311, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 22x in the Software industry in Japan. Total loss to shareholders of 21% over the past three years. Duyuru • May 24
WITZ Corporation to Report Q3, 2023 Results on Jul 14, 2023 WITZ Corporation announced that they will report Q3, 2023 results on Jul 14, 2023 Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥1,185, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 22x in the Software industry in Japan. Total loss to shareholders of 7.1% over the past three years. Reported Earnings • Apr 16
Second quarter 2023 earnings released: EPS: JP¥17.26 (vs JP¥7.68 in 2Q 2022) Second quarter 2023 results: EPS: JP¥17.26 (up from JP¥7.68 in 2Q 2022). Revenue: JP¥649.0m (up 17% from 2Q 2022). Net income: JP¥71.0m (up 122% from 2Q 2022). Profit margin: 11% (up from 5.8% in 2Q 2022). The increase in margin was driven by higher revenue. 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. Duyuru • Feb 02
WITZ Corporation to Report Q2, 2023 Results on Apr 14, 2023 WITZ Corporation announced that they will report Q2, 2023 results on Apr 14, 2023 Reported Earnings • Jan 13
First quarter 2023 earnings released: EPS: JP¥13.19 (vs JP¥12.02 in 1Q 2022) First quarter 2023 results: EPS: JP¥13.19 (up from JP¥12.02 in 1Q 2022). Revenue: JP¥627.0m (up 20% from 1Q 2022). Net income: JP¥55.0m (up 10.0% from 1Q 2022). Profit margin: 8.8% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Reported Earnings • Dec 04
Full year 2022 earnings released: EPS: JP¥42.01 (vs JP¥50.14 in FY 2021) Full year 2022 results: EPS: JP¥42.01 (down from JP¥50.14 in FY 2021). Revenue: JP¥2.35b (up 6.7% from FY 2021). Net income: JP¥175.0m (down 15% from FY 2021). Profit margin: 7.5% (down from 9.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings. Duyuru • Nov 27
WITZ Corporation to Report Q1, 2023 Results on Jan 12, 2023 WITZ Corporation announced that they will report Q1, 2023 results on Jan 12, 2023 Duyuru • Nov 16
WITZ Corporation (TSE:4440) announces an Equity Buyback for 100,000 shares, representing 2.4% for ¥100 million. WITZ Corporation (TSE:4440) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 2.4% of its issued share capital (excluding treasury stock), for ¥100 million. The purpose of the program is to carry out a flexible capital policy in response to changes in the business environment. The program will run until February 15, 2023. As of August 31, 2022, the company had 4,170,874 shares in issue (excluding treasury stock) and 126 shares in treasury. Duyuru • Oct 15
WITZ Corporation, Annual General Meeting, Nov 29, 2022 WITZ Corporation, Annual General Meeting, Nov 29, 2022. Reported Earnings • Oct 15
Full year 2022 earnings released: EPS: JP¥42.01 (vs JP¥50.14 in FY 2021) Full year 2022 results: EPS: JP¥42.01 (down from JP¥50.14 in FY 2021). Revenue: JP¥2.35b (up 6.7% from FY 2021). Net income: JP¥175.0m (down 15% from FY 2021). Profit margin: 7.5% (down from 9.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 30 August 2022. Payment date: 29 November 2022. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.7%). Duyuru • Aug 03
WITZ Corporation to Report Q4, 2022 Results on Oct 13, 2022 WITZ Corporation announced that they will report Q4, 2022 results on Oct 13, 2022 Duyuru • Jul 22
WITZ Corporation Provides Earnings Guidance for the Year Ending August 31, 2022 WITZ Corporation provided earning guidance for the year ending August 31, 2022. For the period, the company expected net sales of JPY 2,430 million, operating profit of JPY 285 million, profit attributable to owners of parent JPY 207 million and Earnings per share JPY 49.90. Reported Earnings • Jul 17
Third quarter 2022 earnings released: EPS: JP¥14.15 (vs JP¥18.35 in 3Q 2021) Third quarter 2022 results: EPS: JP¥14.15 (down from JP¥18.35 in 3Q 2021). Revenue: JP¥674.0m (up 8.9% from 3Q 2021). Net income: JP¥59.0m (down 22% from 3Q 2021). Profit margin: 8.8% (down from 12% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings. Duyuru • May 25
WITZ Corporation to Report Q3, 2022 Results on Jul 14, 2022 WITZ Corporation announced that they will report Q3, 2022 results on Jul 14, 2022 Reported Earnings • Apr 15
Second quarter 2022 earnings released: EPS: JP¥7.68 (vs JP¥12.23 in 2Q 2021) Second quarter 2022 results: EPS: JP¥7.68 (down from JP¥12.23 in 2Q 2021). Revenue: JP¥556.0m (up 7.8% from 2Q 2021). Net income: JP¥32.0m (down 36% from 2Q 2021). Profit margin: 5.8% (down from 9.7% in 2Q 2021). The decrease in margin was driven by higher expenses. Buying Opportunity • Mar 04
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 8.8%. The fair value is estimated to be JP¥1,529, 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 year. Earnings per share has grown by 5.8% over the last year. Duyuru • Feb 24
WITZ Corporation (TSE:4440) agreed to acquire Scudetto Software Co Ltd. WITZ Corporation (TSE:4440) agreed to acquire Scudetto Software Co Ltd on February 22, 2022. Buying Opportunity • Feb 14
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 25%. The fair value is estimated to be JP¥1,571, 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 year. Earnings per share has grown by 5.8% over the last year. 
