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Added to YB: 2026-08-26

Pitch date: 2026-08-24

2326.T [neutral]

Digital Arts Inc.

-0.34%

current return

Author Info

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Company Info

Digital Arts Inc. develops and markets internet security software and appliances in Japan, the United States, Europe, and the Asia Pacific.

Market Cap

JPY 58.4B

Pitch Price

JPY 4.5K

Price Target

N/A

Dividend

2.29%

EV/EBITDA

5.72

P/E

16.74

EV/Sales

3.06

Sector

Software

Category

N/A

Show full summary:
Monday Delight: 24/08/2026 - Digital Arts Inc.

2326.T: High-quality but decelerating: Japan's #1 web-filtering vendor (44% op margin, 20% ROE, no debt, 13yr dividend growth) is de-rating from 36x (2022) to 17.5x P/E as its GIGA School tailwind rolls over—mgmt guides FY27 contract value -18.7% after missing already-cut FY26 rev (actual +8.5%). Thin downside cushion: NAV ~¥1,373 (~66% below price) as 83% of assets are idle cash. Watch new Z-FILTER (zero-trust/SASE, launched Nov'25) for first disclosed pipeline number as the swing factor.

Read full article (1 min)