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m-up

TSE:3661
Snowflake Description

Flawless balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
3661
TSE
¥23B
Market Cap
  1. Home
  2. JP
  3. Software
Company description

m-up, Inc. engages in the mobile and PC content distribution, and e-commerce businesses in Japan. The last earnings update was 30 days ago. More info.


Add to Portfolio Compare Print
  • m-up has significant price volatility in the past 3 months.
3661 Share Price and Events
7 Day Returns
-6.5%
TSE:3661
-2%
JP Software
0.7%
JP Market
1 Year Returns
20.8%
TSE:3661
18.9%
JP Software
8.7%
JP Market
3661 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
m-up (3661) -6.5% 31.8% 25.6% 20.8% 330.6% 274.9%
JP Software -2% 5.1% 14.7% 18.9% 77.5% 119.1%
JP Market 0.7% 1.7% 7.3% 8.7% 13.1% 26.1%
1 Year Return vs Industry and Market
  • 3661 outperformed the Software industry which returned 18.9% over the past year.
  • 3661 outperformed the Market in Japan which returned 8.7% over the past year.
Price Volatility
3661
Industry
5yr Volatility vs Market

Value

 Is m-up undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of m-up to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for m-up.

TSE:3661 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.8%
Perpetual Growth Rate 10-Year JP Government Bond Rate -0.1%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for TSE:3661
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year JP Govt Bond Rate -0.1%
Equity Risk Premium S&P Global 6.3%
Software Unlevered Beta Simply Wall St/ S&P Global 1.14
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.139 (1 + (1- 30.86%) (0%))
1.093
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.09
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.09% + (1.093 * 6.33%)
6.83%

Discounted Cash Flow Calculation for TSE:3661 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for m-up is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

TSE:3661 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (JPY, Millions) Source Present Value
Discounted (@ 6.83%)
2020 1,066.50 Est @ 39.14% 998.33
2021 1,358.44 Est @ 27.37% 1,190.34
2022 1,618.38 Est @ 19.13% 1,327.46
2023 1,834.71 Est @ 13.37% 1,408.71
2024 2,005.89 Est @ 9.33% 1,441.70
2025 2,136.35 Est @ 6.5% 1,437.33
2026 2,233.04 Est @ 4.53% 1,406.35
2027 2,303.18 Est @ 3.14% 1,357.81
2028 2,353.20 Est @ 2.17% 1,298.63
2029 2,388.34 Est @ 1.49% 1,233.77
Present value of next 10 years cash flows ¥13,100.00
TSE:3661 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ¥2,388.34 × (1 + -0.09%) ÷ (6.83% – -0.09%)
¥34,491.25
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ¥34,491.25 ÷ (1 + 6.83%)10
¥17,817.54
TSE:3661 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ¥13,100.00 + ¥17,817.54
¥30,917.54
Equity Value per Share
(JPY)
= Total value / Shares Outstanding
= ¥30,917.54 / 9.10
¥3399.33
TSE:3661 Discount to Share Price
Calculation Result
Value per share (JPY) From above. ¥3,399.33
Current discount Discount to share price of ¥2,549.00
= -1 x (¥2,549.00 - ¥3,399.33) / ¥3,399.33
25%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price m-up is available for.
Intrinsic value
25%
Share price is ¥2549 vs Future cash flow value of ¥3399.33
Current Discount Checks
For m-up to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • m-up's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • m-up's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for m-up's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are m-up's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSE:3661 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in JPY ¥49.06
TSE:3661 Share Price ** TSE (2019-12-13) in JPY ¥2549
Japan Software Industry PE Ratio Median Figure of 97 Publicly-Listed Software Companies 28.63x
Japan Market PE Ratio Median Figure of 3,072 Publicly-Listed Companies 15.61x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of m-up.

TSE:3661 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:3661 Share Price ÷ EPS (both in JPY)

= 2549 ÷ 49.06

51.95x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • m-up is overvalued based on earnings compared to the JP Software industry average.
  • m-up is overvalued based on earnings compared to the Japan market.
Price based on expected Growth
Does m-up's expected growth come at a high price?
Raw Data
TSE:3661 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 51.95x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
16.6%per year
Japan Software Industry PEG Ratio Median Figure of 33 Publicly-Listed Software Companies 2.97x
Japan Market PEG Ratio Median Figure of 1,369 Publicly-Listed Companies 1.88x

*Line of best fit is calculated by linear regression .

TSE:3661 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 51.95x ÷ 16.6%

3.14x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • m-up is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on m-up's assets?
Raw Data
TSE:3661 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in JPY ¥474.46
TSE:3661 Share Price * TSE (2019-12-13) in JPY ¥2549
Japan Software Industry PB Ratio Median Figure of 116 Publicly-Listed Software Companies 3.27x
Japan Market PB Ratio Median Figure of 3,529 Publicly-Listed Companies 1.14x
TSE:3661 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:3661 Share Price ÷ Book Value per Share (both in JPY)

= 2549 ÷ 474.46

5.37x

* Primary Listing of m-up.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • m-up is overvalued based on assets compared to the JP Software industry average.
X
Value checks
We assess m-up's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. m-up has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is m-up expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
16.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is m-up expected to grow at an attractive rate?
  • m-up's earnings growth is expected to exceed the low risk savings rate of -0.1%.
Growth vs Market Checks
  • m-up's earnings growth is expected to exceed the Japan market average.
  • m-up's revenue growth is expected to exceed the Japan market average.
Annual Growth Rates Comparison
Raw Data
TSE:3661 Future Growth Rates Data Sources
Data Point Source Value (per year)
TSE:3661 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 16.6%
TSE:3661 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 10.3%
Japan Software Industry Earnings Growth Rate Market Cap Weighted Average 18.1%
Japan Software Industry Revenue Growth Rate Market Cap Weighted Average 9.3%
Japan Market Earnings Growth Rate Market Cap Weighted Average 9.4%
Japan Market Revenue Growth Rate Market Cap Weighted Average 3.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSE:3661 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSE:3661 Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-03-31 13,200 715 1
2021-03-31 10,980 601 2
2020-03-31 10,245 542 2
TSE:3661 Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2019-09-30 10,203 999 444
2019-06-30 8,403 -2,266
2019-03-31 6,919 1,442 -2,269
2018-12-31 5,424 -2,476
2018-09-30 3,916 278 -2,533
2018-06-30 3,874 85
2018-03-31 3,683 244 96
2017-12-31 3,780 283
2017-09-30 3,865 387 296
2017-06-30 3,753 285
2017-03-31 3,711 352 310
2016-12-31 3,663 181

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • m-up's earnings are expected to grow by 16.6% yearly, however this is not considered high growth (20% yearly).
  • m-up's revenue is expected to grow by 10.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSE:3661 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from m-up Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSE:3661 Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-03-31 78.60 78.60 78.60 1.00
2021-03-31 66.04 67.20 64.88 2.00
2020-03-31 59.54 59.70 59.38 2.00
TSE:3661 Past Financials Data
Date (Data in JPY Millions) EPS *
2019-09-30 49.06
2019-06-30 -261.95
2019-03-31 -274.83
2018-12-31 -314.50
2018-09-30 -338.44
2018-06-30 11.37
2018-03-31 12.85
2017-12-31 37.90
2017-09-30 39.68
2017-06-30 38.23
2017-03-31 41.60
2016-12-31 24.29

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if m-up will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess m-up's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Japan market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Japan market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
m-up has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has m-up performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare m-up's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • m-up's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • m-up has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • m-up has become profitable in the last year making it difficult to compare the JP Software industry average.
Earnings and Revenue History
m-up's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from m-up Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSE:3661 Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 10,203.00 444.00 2,167.00
2019-06-30 8,403.00 -2,266.00 1,858.00
2019-03-31 6,919.00 -2,269.00 1,554.00
2018-12-31 5,424.00 -2,476.00 1,200.00
2018-09-30 3,916.00 -2,533.00 894.00
2018-06-30 3,874.00 85.00 876.00
2018-03-31 3,683.00 96.00 865.00
2017-12-31 3,780.00 283.00 863.00
2017-09-30 3,865.00 296.00 864.00
2017-06-30 3,753.00 285.00 875.00
2017-03-31 3,711.00 310.00 842.00
2016-12-31 3,663.00 181.00 890.00
2016-09-30 3,601.00 146.00 920.00
2016-06-30 3,683.00 202.00 959.00
2016-03-31 3,736.00 226.00 988.00
2015-12-31 3,742.00 335.00 935.00
2015-09-30 3,726.00 405.00 921.00
2015-06-30 3,725.00 375.00 884.00
2015-03-31 3,712.00 359.00 837.00
2013-03-31 4,278.00 374.00 676.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • m-up has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • m-up used its assets less efficiently than the JP Software industry average last year based on Return on Assets.
  • m-up's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess m-up's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
m-up has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is m-up's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up m-up's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • m-up is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • m-up's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of m-up's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • m-up has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from m-up Company Filings, last reported 2 months ago.

TSE:3661 Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 4,610.00 0.00 5,206.00
2019-06-30 4,478.00 0.00 4,684.00
2019-03-31 4,371.00 0.00 5,357.00
2018-12-31 4,221.00 0.00 4,625.00
2018-09-30 4,100.00 0.00 4,420.00
2018-06-30 2,114.00 0.00 544.00
2018-03-31 2,129.00 0.00 1,405.00
2017-12-31 2,265.00 0.00 1,314.00
2017-09-30 2,187.00 0.00 1,245.00
2017-06-30 2,129.00 0.00 1,211.00
2017-03-31 2,225.00 0.00 1,172.00
2016-12-31 2,124.00 0.00 925.00
2016-09-30 1,912.00 0.00 729.00
2016-06-30 1,819.00 0.00 772.00
2016-03-31 1,974.00 0.00 751.00
2015-12-31 2,069.00 0.00 783.00
2015-09-30 1,994.00 0.00 886.00
2015-06-30 1,881.00 0.00 565.00
2015-03-31 1,850.00 0.00 702.00
2013-03-31 1,492.00 0.00 506.00
  • m-up has no debt.
  • m-up has not taken on any debt in the past 5 years.
  • m-up has no debt, it does not need to be covered by operating cash flow.
  • m-up has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess m-up's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. m-up has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is m-up's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.86%
Current annual income from m-up dividends. Estimated to be 0.86% next year.
If you bought ¥2,000 of m-up shares you are expected to receive ¥17 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • m-up's pays a lower dividend yield than the bottom 25% of dividend payers in Japan (1.34%).
  • m-up's dividend is below the markets top 25% of dividend payers in Japan (2.92%).
Upcoming dividend payment

Purchase m-up before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSE:3661 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Japan Software Industry Average Dividend Yield Market Cap Weighted Average of 73 Stocks 1.4%
Japan Market Average Dividend Yield Market Cap Weighted Average of 2973 Stocks 2.3%
Japan Minimum Threshold Dividend Yield 10th Percentile 0.8%
Japan Bottom 25% Dividend Yield 25th Percentile 1.3%
Japan Top 25% Dividend Yield 75th Percentile 2.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSE:3661 Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
2022-03-31
2021-03-31 22.00 1.00
2020-03-31 22.00 1.00
TSE:3661 Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2019-06-27 22.000 1.018
2019-05-15 22.000 1.014
2018-06-28 22.000 0.983
2018-05-15 22.000 1.414
2017-06-28 22.000 1.646
2017-05-15 22.000 1.134
2016-06-29 22.000 3.336
2016-05-13 22.000 3.786
2015-06-29 20.000 3.300
2015-05-15 20.000 2.609
2014-11-14 13.000 1.752
2014-08-14 18.000 2.173
2013-06-28 17.250 2.037
2013-05-15 18.000 1.651
2013-02-14 13.750 1.085
2012-11-14 25.000 2.288
2012-08-14 25.000 3.578

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • m-up has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • m-up has only been paying a dividend for 7 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of m-up's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.2x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess m-up's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can m-up afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. m-up has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of m-up's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • m-up has no CEO, or we have no data on them.
Management Team Tenure

Average tenure of the m-up management team in years:

5.9
Average Tenure
  • The average tenure for the m-up management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Sueki Fujiike

TITLE
Head of General Affairs & Accounting
AGE
55

Aishi Higuchi

TITLE
Executive Officer of Marketing Division
TENURE
5.9 yrs

Hitoshi Anetai

TITLE
Executive Officer of FC Business Division
AGE
52
TENURE
5.9 yrs

Shutaro Kato

TITLE
Executive Officer of Contents Business Division
TENURE
5.9 yrs
Board of Directors Tenure

Average tenure and age of the m-up board of directors in years:

12.3
Average Tenure
69
Average Age
  • The average tenure for the m-up board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Sueki Fujiike

TITLE
Head of General Affairs & Accounting
AGE
55
TENURE
12.3 yrs

Kazutoyo Takeda

TITLE
Director and Chairman of Full-Time Audit & Supervisory Board
AGE
66

Koichiro Mitoh

TITLE
Representative Director
AGE
61
TENURE
14.2 yrs

Shinichi Orihara

TITLE
External Director and Audit & Supervisory Board Member
AGE
74

Hajime Imamura

TITLE
External Director and Audit & Supervisory Board Member
AGE
72

Tatsuya Sumeragi

TITLE
External Director
AGE
78
TENURE
7.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (¥) Value (¥)
X
Management checks
We assess m-up's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. m-up has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

m-up, Inc. engages in the mobile and PC content distribution, and e-commerce businesses in Japan. The company is also involved in the official fan site management; entertainment Website management; management of music/video distribution site; e-book label management; production of digital contents; and application creation for smartphones. In addition, it engages in the fan club Website operation; YouTube channel construction; and Website creation business. Further, the company is involved in the e-commerce activities consisting of the sale of CD, DVD, and goods; the management of collection brand site; planning and production of goods; and various mail order site management. m-up, Inc. was founded in 2004 and is headquartered in Tokyo, Japan.

Details
Name: m-up, Inc.
3661
Exchange: TSE
Founded: 2004
¥23,183,611,271
9,095,179
Website: http://www.m-up.com
Address: m-up, Inc.
Tokyu Building,
10th Floor,
Tokyo,
150-0002,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 3661 Common Stock The Tokyo Stock Exchange JP JPY 14. Mar 2012
Number of employees
Current staff
Staff numbers
191
m-up employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/14 15:07
End of day share price update: 2019/12/13 00:00
Last estimates confirmation: 2019/11/22
Last earnings filing: 2019/11/14
Last earnings reported: 2019/09/30
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.