New Risk • May 11
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 9.7% 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 (9.7% average weekly change). High level of non-cash earnings (21% accrual ratio). Minor Risk Market cap is less than US$100m (JP¥4.01b market cap, or US$25.5m). Valuation Update With 7 Day Price Move • May 11
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥417, the stock trades at a trailing P/E ratio of 32.7x. Average trailing P/E is 15x in the IT industry in Japan. Total loss to shareholders of 12% over the past three years. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥374, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 16x in the IT industry in Japan. Total loss to shareholders of 17% over the past three years. Reported Earnings • Feb 16
Full year 2025 earnings released: EPS: JP¥15.13 (vs JP¥12.36 in FY 2024) Full year 2025 results: EPS: JP¥15.13 (up from JP¥12.36 in FY 2024). Revenue: JP¥1.44b (up 26% from FY 2024). Net income: JP¥121.0m (up 4.3% from FY 2024). Profit margin: 8.4% (down from 10% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Duyuru • Feb 13
SecondXight Analytica, Inc., Annual General Meeting, Mar 24, 2026 SecondXight Analytica, Inc., Annual General Meeting, Mar 24, 2026. Duyuru • Dec 03
SecondXight Analytica, Inc. to Report Fiscal Year 2025 Results on Feb 13, 2026 SecondXight Analytica, Inc. announced that they will report fiscal year 2025 results on Feb 13, 2026 Reported Earnings • Nov 17
Third quarter 2025 earnings released: EPS: JP¥3.15 (vs JP¥6.42 in 3Q 2024) Third quarter 2025 results: EPS: JP¥3.15 (down from JP¥6.42 in 3Q 2024). Revenue: JP¥326.0m (down 15% from 3Q 2024). Net income: JP¥16.0m (down 82% from 3Q 2024). Profit margin: 4.9% (down from 23% in 3Q 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Duyuru • Oct 03
SecondXight Analytica, Inc. (TSE:5028) completed the acquisition of BREAKS,Inc. from Takato Nishinomiya and others. SecondXight Analytica, Inc. (TSE:5028) signed a letter of intent to acquire BREAKS,Inc. from Takato Nishinomiya and others on July 24, 2025. SecondXight Analytica, Inc. (TSE:5028) entered into an agreement to acquire BREAKS,Inc. from Takato Nishinomiya and others for ¥70 million on September 22, 2025.
For the period ending March 31, 2025, BREAKS,Inc. reported total revenue of ¥366.06 million, EBIT of ¥4.24 million and net income of ¥2.08 million. As of March 31, 2025, BREAKS,Inc. reported total assets of ¥108.82 million and total common equity of ¥72.51 million.
The transaction is subject to consummation of due diligence investigation. The expected completion of the transaction is October 1, 2025.
SecondXight Analytica, Inc. (TSE:5028) completed the acquisition of BREAKS,Inc. from Takato Nishinomiya and others on October 1, 2025. Valuation Update With 7 Day Price Move • Sep 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥516, the stock trades at a trailing P/E ratio of 28.6x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 4.7% over the past three years. Reported Earnings • Aug 15
Second quarter 2025 earnings released Second quarter 2025 results: EPS: JP¥4.15. Net income: JP¥33.0m (up JP¥33.0m from 2Q 2024). Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥588, the stock trades at a trailing P/E ratio of 47.3x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 2.8% over the past three years. Valuation Update With 7 Day Price Move • Jul 31
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to JP¥522, the stock trades at a trailing P/E ratio of 42x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 26% over the past three years. Reported Earnings • May 20
First quarter 2025 earnings released First quarter 2025 results: EPS: JP¥3.27. Net income: JP¥26.0m (up JP¥26.0m from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 30% per year and the company’s share price has also fallen by 30% per year. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to JP¥263, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 15x in the IT industry in Japan. Total loss to shareholders of 79% over the past three years. New Risk • Feb 16
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: 10% Last year net profit margin: 16% 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (10% net profit margin). Market cap is less than US$100m (JP¥3.56b market cap, or US$23.4m). Reported Earnings • Feb 16
Full year 2024 earnings released: EPS: JP¥14.67 (vs JP¥21.03 in FY 2023) Full year 2024 results: EPS: JP¥14.67 (down from JP¥21.03 in FY 2023). Revenue: JP¥1.14b (up 7.1% from FY 2023). Net income: JP¥116.0m (down 32% from FY 2023). Profit margin: 10% (down from 16% in FY 2023). The decrease in margin was driven by higher expenses. Duyuru • Feb 14
SecondXight Analytica, Inc., Annual General Meeting, Mar 28, 2025 SecondXight Analytica, Inc., Annual General Meeting, Mar 28, 2025. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to JP¥404, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 35% over the past year. Duyuru • Dec 03
SecondXight Analytica, Inc. to Report Fiscal Year 2024 Results on Feb 14, 2025 SecondXight Analytica, Inc. announced that they will report fiscal year 2024 results on Feb 14, 2025 New Risk • Nov 25
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 8.0% 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 (8.0% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Market cap is less than US$100m (JP¥3.72b market cap, or US$24.1m). Valuation Update With 7 Day Price Move • Nov 25
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to JP¥392, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 36% over the past year. New Risk • Oct 12
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. 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 December 2023 fiscal period end). Market cap is less than US$100m (JP¥2.82b market cap, or US$18.9m). New Risk • Sep 21
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (JP¥2.86b market cap, or US$19.8m). 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¥287, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 17x in the IT industry in Japan. Total loss to shareholders of 32% over the past year. Reported Earnings • Mar 30
Full year 2023 earnings released: EPS: JP¥21.03 (vs JP¥25.46 in FY 2022) Full year 2023 results: EPS: JP¥21.03. Revenue: JP¥1.07b (up 33% from FY 2022). Net income: JP¥170.0m (up 89% from FY 2022). Profit margin: 16% (up from 11% in FY 2022). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to JP¥747, the stock trades at a trailing P/E ratio of 34.7x. Average trailing P/E is 19x in the IT industry in Japan. Total returns to shareholders of 48% over the past year. Buy Or Sell Opportunity • Mar 05
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 23% to JP¥747. The fair value is estimated to be JP¥604, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 30%. Duyuru • Feb 16
SecondXight Analytica, Inc., Annual General Meeting, Mar 26, 2024 SecondXight Analytica, Inc., Annual General Meeting, Mar 26, 2024. Reported Earnings • Feb 15
Third quarter 2024 earnings released: EPS: JP¥0.94 (vs JP¥5.66 in 3Q 2023) Third quarter 2024 results: EPS: JP¥0.94 (down from JP¥5.66 in 3Q 2023). Revenue: JP¥263.0m (up 27% from 3Q 2023). Net income: JP¥17.0m (down 5.6% from 3Q 2023). Profit margin: 6.5% (down from 8.7% in 3Q 2023). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥621, the stock trades at a trailing P/E ratio of 30.4x. Average trailing P/E is 19x in the IT industry in Japan. Total returns to shareholders of 4.2% over the past year. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to JP¥519, the stock trades at a trailing P/E ratio of 25.4x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 13% over the past year. Reported Earnings • Nov 17
Second quarter 2024 earnings released: EPS: JP¥3.05 (vs JP¥5.66 in 2Q 2023) Second quarter 2024 results: EPS: JP¥3.05 (down from JP¥5.66 in 2Q 2023). Revenue: JP¥223.0m (up 7.7% from 2Q 2023). Net income: JP¥10.0m (down 44% from 2Q 2023). Profit margin: 4.5% (down from 8.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Duyuru • Sep 24
SecondXight Analytica, Inc. (TSE:5028) announces an Equity Buyback for 800,000 shares, representing 9.57% for ¥300 million. SecondXight Analytica, Inc. (TSE:5028) announces a share repurchase program. Under the program, the company will repurchase up to 800,000 shares, representing 9.57% of its total shares outstanding (excluding treasury shares), for a total of ¥300 million. The purpose of repurchase program is to enable return of profits to shareholders and flexible capital policy in response to changes in the business environment. The repurchase program is valid till October 12, 2024. As of August 31, 2023, the company has 2,786,894 shares outstanding (excluding treasury shares) and has 1,087 shares in treasury. Valuation Update With 7 Day Price Move • Sep 21
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥1,104, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 19x in the IT industry in Japan. Total loss to shareholders of 28% over the past year. Reported Earnings • Aug 14
First quarter 2024 earnings released: JP¥1.09 loss per share (vs JP¥17.17 profit in 1Q 2023) First quarter 2024 results: JP¥1.09 loss per share (down from JP¥17.17 profit in 1Q 2023). Revenue: JP¥194.0m (down 31% from 1Q 2023). Net loss: JP¥3.00m (down 104% from profit in 1Q 2023). Duyuru • Jul 08
SecondXight Analytica, Inc. to Report Q1, 2024 Results on Aug 10, 2023 SecondXight Analytica, Inc. announced that they will report Q1, 2024 results on Aug 10, 2023 Board Change • Nov 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. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Jul 10
SecondXight Analytica, Inc. to Report Q1, 2023 Results on Aug 09, 2022 SecondXight Analytica, Inc. announced that they will report Q1, 2023 results on Aug 09, 2022 Board Change • Apr 27
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. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Apr 22
SecondXight Analytica, Inc. to Report Fiscal Year 2022 Results on May 13, 2022 SecondXight Analytica, Inc. announced that they will report fiscal year 2022 results on May 13, 2022 Duyuru • Apr 05
SecondXight Analytica, Inc. has completed an IPO in the amount of ¥756.16 million. SecondXight Analytica, Inc. has completed an IPO in the amount of ¥756.16 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 544,000
Price\Range: ¥1390
Discount Per Security: ¥111.2
Transaction Features: Sponsor Backed Offering