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Dawn Corp.

2303.T

JPXTechnologySoftware - Application

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Latest quote

¥1,345

+¥10.00 · +0.75%

Aug 24, 1:20 PM JST

2303.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Dawn Corp., founded in 1991 and headquartered in Kobe, Japan, specializes in developing and maintaining cloud-based Geographic Information Systems (GIS) throughout the country. Their extensive portfolio features a range of services such as NET119, a cloud-native platform for emergency calls; Live110 and Live119, video-based reporting systems; DMaCS, designed for sharing critical disaster information; AED GO, which facilitates AED transportation; mailio, a versatile message delivery service; and the "Town Guidance Town Development Map," an accessible online public mapping resource. Furthermore, the company provides GeoBase/GeoBase.NET, advanced GIS middleware; Town Map Pro, a cloud solution for establishing integrated GIS; a dedicated infectious disease crisis management system; and intuitive log analysis services. In addition to these offerings, Dawn Corp. also markets licensed software crucial for building sophisticated geographic information systems.

Industry
Software - Application
Sector
Technology
Headquarters
JP
CEO
Masanobu Miyazaki
Listed since
Jun 14, 2002
Employees
65

Market position

Day range

Current ¥1,345

52-week range

Current ¥1,345

Open
¥1,359
Previous close
¥1,335
Volume
6.5K
0.31× average
Average volume
21.26K
Average daily volume
Market cap
8B JPY
Beta
-0.15
Market reference 1
50-day average
¥1,268.96
+5.99% above average
200-day average
¥1,312.84
+2.45% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
6.09B JPY
P/E (TTM)
17.24×
P/B (TTM)
2.7×
P/S (TTM)
4.61×
EV / EBITDA
9.21×
Earnings yield
5.98%
Free cash flow yield
8.24%
Dividend yield
1.04%

Profitability & efficiency

Gross margin
69.21%
Operating margin
37.77%
Net margin
27.19%
Return on equity
15.78%
Return on assets
14.11%
Return on invested capital
15.11%

Financial health

Debt / equity
0×
Current ratio
6.93×
Altman Z-score
16.38
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends74%55%37%19%Gross margin, FY2021: 67.00%Gross margin, FY2022: 64.94%Gross margin, FY2023: 67.82%Gross margin, FY2024: 65.34%Gross margin, FY2025: 69.21%Operating margin, FY2021: 32.78%Operating margin, FY2022: 32.39%Operating margin, FY2023: 35.53%Operating margin, FY2024: 34.87%Operating margin, FY2025: 37.77%Net margin, FY2021: 23.20%Net margin, FY2022: 23.46%Net margin, FY2023: 25.86%Net margin, FY2024: 25.43%Net margin, FY2025: 27.19%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 67.00%. Gross margin FY2022 64.94%. Gross margin FY2023 67.82%. Gross margin FY2024 65.34%. Gross margin FY2025 69.21%. Operating margin FY2021 32.78%. Operating margin FY2022 32.39%. Operating margin FY2023 35.53%. Operating margin FY2024 34.87%. Operating margin FY2025 37.77%. Net margin FY2021 23.20%. Net margin FY2022 23.46%. Net margin FY2023 25.86%. Net margin FY2024 25.43%. Net margin FY2025 27.19%.

Income trends

Revenue

1.73B JPY+5.34%

Operating income

655.13M JPY+14.11%

Net income

471.6M JPY+12.61%
Income trends across reported periods1.88B JPY1.3B JPY718.85M JPY138.38M JPYRevenue, FY2021: 1.22B JPYRevenue, FY2022: 1.37B JPYRevenue, FY2023: 1.5B JPYRevenue, FY2024: 1.65B JPYRevenue, FY2025: 1.73B JPYOperating income, FY2021: 400.6M JPYOperating income, FY2022: 443.26M JPYOperating income, FY2023: 533.12M JPYOperating income, FY2024: 574.14M JPYOperating income, FY2025: 655.13M JPYNet income, FY2021: 283.5M JPYNet income, FY2022: 321.06M JPYNet income, FY2023: 388.12M JPYNet income, FY2024: 418.77M JPYNet income, FY2025: 471.6M JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.22B JPY. Revenue FY2022 1.37B JPY. Revenue FY2023 1.5B JPY. Revenue FY2024 1.65B JPY. Revenue FY2025 1.73B JPY. Operating income FY2021 400.6M JPY. Operating income FY2022 443.26M JPY. Operating income FY2023 533.12M JPY. Operating income FY2024 574.14M JPY. Operating income FY2025 655.13M JPY. Net income FY2021 283.5M JPY. Net income FY2022 321.06M JPY. Net income FY2023 388.12M JPY. Net income FY2024 418.77M JPY. Net income FY2025 471.6M JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue1.73B JPY1.65B JPY1.5B JPY1.37B JPY1.22B JPY
Cost of goods sold534.14M JPY570.7M JPY482.98M JPY479.75M JPY403.27M JPY
Gross profit1.2B JPY1.08B JPY1.02B JPY888.64M JPY818.8M JPY
Research and development—5.34M JPY5.91M JPY2.59M JPY3.71M JPY
Selling, general, and administrative545.4M JPY496.52M JPY478.66M JPY442.79M JPY414.5M JPY
Operating expenses545.4M JPY501.86M JPY484.57M JPY445.38M JPY418.21M JPY
Interest income15.52M JPY9.88M JPY6.07M JPY2.27M JPY1.1M JPY
Depreciation and amortization5.72M JPY5.17M JPY4.81M JPY3.18M JPY2.77M JPY
Operating income655.13M JPY574.14M JPY533.12M JPY443.26M JPY400.6M JPY
Net income471.6M JPY418.77M JPY388.12M JPY321.06M JPY283.5M JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
29.47

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates57.2640.5623.877.17Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q2 '25Q3 '25Q4 '25
Q2 2024, reported Apr 8, 2024: actual 18.99, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Jul 11, 2024: actual 23.56, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Oct 10, 2024: actual 14.03, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Jan 9, 2025: actual 8.44, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 10, 2025: actual 19.11, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 31, 2025: actual 53.64, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 31, 2025: actual 19.49, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 30, 2025: actual 29.47, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates618.1M496.78M375.47M254.15MQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q2 '25Q3 '25Q4 '25
Q2 2024, reported Apr 8, 2024: actual 413.47M JPY, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Jul 11, 2024: actual 535.95M JPY, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Oct 10, 2024: actual 356.36M JPY, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Jan 9, 2025: actual 279.25M JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 10, 2025: actual 417.82M JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 31, 2025: actual 593M JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 31, 2025: actual 303.49M JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 30, 2025: actual 343M JPY, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥12.00

2025 complete year+100.0% since 2021

2026 partial: ¥14.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend May 28, 2027

¥16.00

Annual

Record May 31, 2027 · Payment May 28, 2027

Dividend

Ex-dividend May 28, 2026

¥28.00

Annual

Record May 31, 2026 · Payment Aug 27, 2026

Dividend

Ex-dividend May 29, 2025

¥24.00

Annual

Record May 31, 2025 · Payment Aug 29, 2025

Dividend

Ex-dividend May 30, 2024

¥20.00

Annual

Record May 31, 2024 · Payment Aug 29, 2024

Dividend

Ex-dividend May 30, 2023

¥16.00

Annual

Record May 31, 2023 · Payment Aug 30, 2023

Dividend

Ex-dividend May 30, 2022

¥14.00

Special

Record May 31, 2022 · Payment Aug 26, 2022

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