Debt-free Balance SheetA zero-debt capital structure materially reduces financial and interest-rate risk, giving management durable flexibility to fund operations and strategic initiatives from retained earnings. Over 2–6 months this improves resilience to macro shocks and lowers refinancing exposure.

High And Sustainable MarginsExceptionally strong gross and operating margins indicate durable pricing power and scalable software economics. High margins support reinvestment, persistent profitability through cycles, and the ability to absorb higher SG&A or R&D spending while maintaining cash-generative operations.

Multi-year Revenue ExpansionSteady top-line growth over several years signals product-market fit and consistent customer adoption. This persistent expansion underpins long-term revenue predictability, supports scaling operating leverage, and validates the company's competitive position in its application software market.

Bears Say

Recent Cash-flow VariabilityA notable drop in operating cash coverage and year-over-year FCF decline despite higher profits points to working-capital or timing swings. Such variability can constrain discretionary spending, dividend sustainability, and capital allocation precision over the medium term.

Uneven Growth CadencePronounced year-to-year swings in growth complicate forecasting and resource planning. Persistent cadence variability can force conservative hiring and investment, reduce operating leverage realization, and increase the need for financial buffers to manage uneven revenue cycles.

Small Scale And Low LiquidityA small employee base and low trading volume reflect limited scale and market liquidity. Structurally, this can constrain sales capacity, slow product development scale-up, and make large institutional investment or secondary capital raises more difficult without dilutive terms.

Dawn Corporation News

Dawn Corporation Posts Profit Growth on Modest Sales Increase, Raises Annual Dividend Forecast

Dawn Corporation ( ($JP:2303) ) has issued an announcement. For the six months ended 30 November 2025, Dawn...

1M ago

2303

Dawn Corporation Reports Decline in Quarterly Financial Performance

Dawn Corporation ( ($JP:2303) ) has issued an update. Dawn Corporation reported a decline in its financial performance...

4M ago

2303

Dawn Corporation Reports Positive Financial Results for FY 2025

Dawn Corporation ( ($JP:2303) ) has issued an announcement. Dawn Corporation reported its non-consolidated financial results for the...

8M ago

2303

Dawn Corporation Reports Strong Financial Performance for H1 2024

Dawn Corporation ( ($JP:2303) ) just unveiled an announcement. Dawn Corporation reported a positive financial performance for the...

1y ago

2303

2303 FAQ

What was Dawn Corporation’s price range in the past 12 months?

Dawn Corporation lowest stock price was ¥1815.00 and its highest was ¥2891.00 in the past 12 months.

What is Dawn Corporation’s market cap?

Dawn Corporation’s market cap is ¥8.37B.

When is Dawn Corporation’s upcoming earnings report date?

Dawn Corporation’s upcoming earnings report date is Apr 09, 2026 which is in 48 days.

How were Dawn Corporation’s earnings last quarter?

Dawn Corporation released its earnings results on Oct 09, 2025. The company reported ¥19.495 earnings per share for the quarter, beating the consensus estimate of N/A by ¥19.495.

Is Dawn Corporation overvalued?

According to Wall Street analysts Dawn Corporation’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Dawn Corporation pay dividends?

Dawn Corporation pays a Annually dividend of ¥24 which represents an annual dividend yield of 0.99%. See more information on Dawn Corporation dividends here

What is Dawn Corporation’s EPS estimate?

Dawn Corporation’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Dawn Corporation have?

Dawn Corporation has 3,300,000 shares outstanding.

What happened to Dawn Corporation’s price movement after its last earnings report?

Dawn Corporation reported an EPS of ¥19.495 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -5.768%.

Which hedge fund is a major shareholder of Dawn Corporation?

Currently, no hedge funds are holding shares in JP:2303

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Dawn Corporation

Dawn Corp. engages in the development and maintenance of Saas based geographic information systems (GIS) in Japan. It provides NET119, a cloud emergency call services; Live110 and Live119, a video reporting system; DMaCS, a disaster information sharing service; AED GO, an AED transportation support system; mailio, a message delivery service; and Town Guidance Town Development Map, an Internet public map service. The company also offers GeoBase/GeoBase.NET, a new-generation GIS middleware; Town Map Pro, a cloud-based service that allows user to build an integrated GIS; infectious disease crisis management system; and easy log analysis services. In addition, it sells license software for building geographic information systems. The company was founded in 1991 and is headquartered in Kobe, Japan.