Reported Earnings • May 19
First quarter 2026 earnings released: EPS: JP¥46.84 (vs JP¥22.39 in 1Q 2025) First quarter 2026 results: EPS: JP¥46.84 (up from JP¥22.39 in 1Q 2025). Revenue: JP¥7.41b (up 15% from 1Q 2025). Net income: JP¥251.0m (up 113% from 1Q 2025). Profit margin: 3.4% (up from 1.8% in 1Q 2025). The increase in margin was driven by higher revenue. Reported Earnings • Feb 16
Full year 2025 earnings released: JP¥6.79 loss per share (vs JP¥50.04 profit in FY 2024) Full year 2025 results: JP¥6.79 loss per share (down from JP¥50.04 profit in FY 2024). Revenue: JP¥25.8b (up 14% from FY 2024). Net loss: JP¥36.0m (down 114% from profit in FY 2024). Duyuru • Feb 13
SOLIZE Corporation, Annual General Meeting, Mar 26, 2026 SOLIZE Corporation, Annual General Meeting, Mar 26, 2026. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥55.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 12 March 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%). Duyuru • Dec 13
SOLIZE Corporation to Report Fiscal Year 2025 Results on Feb 13, 2026 SOLIZE Corporation announced that they will report fiscal year 2025 results on Feb 13, 2026 New Risk • Dec 11
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 5.5% 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 Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 42% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Market cap is less than US$100m (JP¥7.50b market cap, or US$48.1m). Reported Earnings • Nov 09
Third quarter 2025 earnings released: JP¥19.23 loss per share (vs JP¥18.45 profit in 3Q 2024) Third quarter 2025 results: JP¥19.23 loss per share (down from JP¥18.45 profit in 3Q 2024). Revenue: JP¥6.53b (up 15% from 3Q 2024). Net loss: JP¥102.0m (down 206% from profit in 3Q 2024). New Risk • Oct 15
New major risk - Revenue and earnings growth Earnings have declined by 27% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 27% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥8.68b market cap, or US$57.4m). Duyuru • Sep 10
SOLIZE Corporation to Report Q3, 2025 Results on Nov 07, 2025 SOLIZE Corporation announced that they will report Q3, 2025 results on Nov 07, 2025 Reported Earnings • Aug 08
Second quarter 2025 earnings released: JP¥69.95 loss per share (vs JP¥18.45 profit in 2Q 2024) Second quarter 2025 results: JP¥69.95 loss per share (down from JP¥18.45 profit in 2Q 2024). Revenue: JP¥5.77b (up 1.9% from 2Q 2024). Net loss: JP¥370.0m (down 485% from profit in 2Q 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the IT industry in Japan. New Risk • Jul 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.2% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 142% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (5.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (JP¥9.56b market cap, or US$64.9m). Duyuru • Jun 14
SOLIZE Corporation to Report Q2, 2025 Results on Aug 06, 2025 SOLIZE Corporation announced that they will report Q2, 2025 results on Aug 06, 2025 Reported Earnings • May 19
First quarter 2025 earnings released: EPS: JP¥22.39 (vs JP¥73.69 in 1Q 2024) First quarter 2025 results: EPS: JP¥22.39 (down from JP¥73.69 in 1Q 2024). Revenue: JP¥6.45b (up 16% from 1Q 2024). Net income: JP¥118.0m (down 60% from 1Q 2024). Profit margin: 1.8% (down from 5.3% in 1Q 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the IT industry in Japan. Duyuru • May 14
SOLIZE Corporation (TSE:5871) agreed to acquire Fulex Inc. for ¥1.2 billion. SOLIZE Corporation (TSE:5871) agreed to acquire Fulex Inc. for ¥1.2 billion on May 14, 2025. A cash consideration of ¥1.2 billion will be paid by SOLIZE Corporation. As part of consideration, ¥1.2 billion is paid towards common equity of Fulex Inc.
The expected completion of the transaction is May 22, 2025. Board Change • Apr 11
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Outside Independent Director Takemi Nagasaka was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Mar 15
SOLIZE Corporation to Report Q1, 2025 Results on May 14, 2025 SOLIZE Corporation announced that they will report Q1, 2025 results on May 14, 2025 New Risk • Mar 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 5.2% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.1% net profit margin). Market cap is less than US$100m (JP¥8.00b market cap, or US$53.2m). New Risk • Feb 18
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. 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: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.1% net profit margin). Market cap is less than US$100m (JP¥7.78b market cap, or US$51.2m). Duyuru • Feb 14
SOLIZE Corporation, Annual General Meeting, Mar 26, 2025 SOLIZE Corporation, Annual General Meeting, Mar 26, 2025. Duyuru • Dec 17
SOLIZE Corporation to Report Fiscal Year 2024 Results on Feb 14, 2025 SOLIZE Corporation announced that they will report fiscal year 2024 results on Feb 14, 2025 Buy Or Sell Opportunity • Dec 16
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 22% to JP¥1,436. The fair value is estimated to be JP¥1,819, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings are also forecast to grow by 41% per annum over the same time period. Duyuru • Nov 21
SOLIZE Corporation (TSE:5871) completed the acquisition of SiM24 Co., Ltd from Japan Testing Laboratories, Inc., Panasonic Holdings Corporation (TSE:6752), Oki Shigeru and others for ¥90 million. SOLIZE Corporation (TSE:5871) agreed to acquire SiM24 Co., Ltd from Japan Testing Laboratories, Inc., Panasonic Holdings Corporation (TSE:6752), Oki Shigeru and others for ¥90 million on October 18, 2024. A cash consideration of ¥90 million will be paid by SOLIZE Corporation. As part of consideration, ¥90 million is paid towards common equity of SiM24 Co., Ltd. As part of acquisition, 1,020 shares will be acquired.
For the period ending March 31, 2024, SiM24 Co., Ltd reported operating profit of ¥4.09 million and net income of ¥3.11 million, total assets of ¥85.44 million and total common equity of ¥75.48 million.
The expected completion of the transaction is October 31, 2024.
SOLIZE Corporation (TSE:5871) completed the acquisition of SiM24 Co., Ltd from Japan Testing Laboratories, Inc., Panasonic Holdings Corporation (TSE:6752), Oki Shigeru and others on November 21, 2024. New Risk • Nov 10
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: 1.9% Last year net profit margin: 3.0% 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: Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Profit margins are more than 30% lower than last year (1.9% net profit margin). Market cap is less than US$100m (JP¥8.61b market cap, or US$56.4m). New Risk • Oct 13
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: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Short dividend paying track record (1 year of continuous dividend payments). Market cap is less than US$100m (JP¥8.67b market cap, or US$58.1m). Duyuru • Oct 02
SOLIZE Corporation to Report Q3, 2024 Results on Nov 08, 2024 SOLIZE Corporation announced that they will report Q3, 2024 results on Nov 08, 2024 Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 36% After last week's 36% share price decline to JP¥1,369, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 17x in the IT industry in Japan. Buy Or Sell Opportunity • Jul 29
Now 23% overvalued Over the last 90 days, the stock has fallen 19% to JP¥2,130. The fair value is estimated to be JP¥1,734, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last year. Earnings per share has grown by 6.8%. Revenue is forecast to grow by 14% in a year. Earnings are forecast to grow by 16% in the next year. Duyuru • Jun 22
SOLIZE Corporation to Report Q2, 2024 Results on Aug 07, 2024 SOLIZE Corporation announced that they will report Q2, 2024 results on Aug 07, 2024 Valuation Update With 7 Day Price Move • May 20
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥2,927, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 19x in the IT industry in Japan. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥2,759, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 19x in the IT industry in Japan. Duyuru • Mar 07
SOLIZE Corporation to Report Q1, 2024 Results on May 15, 2024 SOLIZE Corporation announced that they will report Q1, 2024 results on May 15, 2024 Valuation Update With 7 Day Price Move • Feb 29
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥3,380, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 19x in the IT industry in Japan. Reported Earnings • Feb 20
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: JP¥126 (up from JP¥118 in FY 2022). Revenue: JP¥20.1b (up 13% from FY 2022). Net income: JP¥580.0m (up 2.5% from FY 2022). Profit margin: 2.9% (down from 3.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 3.3%. Duyuru • Feb 10
SOLIZE Corporation to Report Fiscal Year 2023 Results on Feb 14, 2024 SOLIZE Corporation announced that they will report fiscal year 2023 results on Feb 14, 2024 Duyuru • Feb 07
SOLIZE Corporation has completed an IPO in the amount of ¥1.462944 billion. SOLIZE Corporation has completed an IPO in the amount of ¥1.462944 billion.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 995,200
Price\Range: ¥1470
Discount Per Security: ¥110.25