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Digital Holdings, Inc.
(2389)
Digital Holdings, Inc. (2389) vs. iShares MSCI Japan ETF (EWJ)
Digital Holdings, Inc. Business Overview & Revenue Model
Digital Holdings, Inc. Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 15.22B | 16.16B | 16.26B | 16.92B | 98.52B | 88.77B |
| Gross Profit | 9.55B | 10.02B | 10.95B | 11.21B | 25.23B | 17.79B |
| EBITDA | 3.70B | 1.96B | 856.00M | 8.79B | 11.65B | 3.86B |
| Net Income | 1.81B | 1.34B | 237.00M | 5.72B | 10.23B | 3.75B |
Balance Sheet | ||||||
| Total Assets | 45.22B | 48.22B | 50.28B | 55.96B | 69.73B | 71.43B |
| Cash, Cash Equivalents and Short-Term Investments | 29.21B | 25.31B | 24.41B | 33.33B | 46.32B | 48.75B |
| Total Debt | 4.08B | 4.08B | 5.00B | 5.17B | 9.04B | 10.83B |
| Total Liabilities | 14.99B | 15.15B | 16.39B | 19.72B | 28.80B | 31.42B |
| Stockholders Equity | 28.40B | 30.69B | 29.33B | 29.83B | 32.67B | 31.19B |
Cash Flow | ||||||
| Free Cash Flow | 3.26B | 6.92B | -3.50B | -8.18B | 10.97B | 1.22B |
| Operating Cash Flow | 6.16B | 6.92B | -3.44B | -7.61B | 12.13B | 2.18B |
| Investing Cash Flow | 1.11B | 395.00M | -1.27B | 4.70B | 2.99B | 1.57B |
| Financing Cash Flow | -1.05B | -4.68B | -3.06B | -8.56B | -4.83B | 2.95B |
Digital Holdings, Inc. Technical Analysis
Digital Holdings, Inc. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | ¥34.68B | 11.67 | ― | 4.41% | 14.91% | 21.68% | |
| ― | ¥16.37B | 14.69 | ― | 1.49% | 7.24% | 215.65% | |
| ― | ¥23.04B | 4.79 | ― | 7.59% | -3.20% | 34.08% | |
| ― | ¥36.14B | 22.70 | ― | 1.82% | -10.30% | -13.43% | |
| ― | ¥32.33B | 25.20 | ― | 5.35% | 2.34% | -12.13% | |
| ― | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
| ― | ¥27.68B | -135.37 | ― | ― | 7.49% | 87.48% |
Digital Holdings, Inc. Corporate Events
Digital Holdings, Inc. has announced its response policies concerning a tender offer proposal by SilverCape Investments Limited, which aims to acquire a significant portion of the company’s shares. The company expresses concerns about the coercive nature of the offer, the lack of specificity in SilverCape’s management plans, and the uncertainty of the funding sources for the acquisition, which may impact shareholders’ decisions.
The most recent analyst rating on (JP:2389) stock is a Buy with a Yen2583.00 price target. To see the full list of analyst forecasts on Digital Holdings, Inc. stock, see the JP:2389 Stock Forecast page.
Digital Holdings, Inc. has announced amendments to its previous opinion on a tender offer by Hakuhodo DY Holdings Inc. The company continues to support the Hakuhodo Tender Offer, leaving the decision to shareholders and stock acquisition rights holders. Meanwhile, SilverCape Investments Limited has announced a competing tender offer, which could result in significant ownership changes. Digital Holdings is introducing response policies to negotiate in good faith and avoid coercion risks for minority shareholders. Hakuhodo has extended its tender offer period to provide shareholders more time for consideration.
The most recent analyst rating on (JP:2389) stock is a Buy with a Yen2583.00 price target. To see the full list of analyst forecasts on Digital Holdings, Inc. stock, see the JP:2389 Stock Forecast page.
Digital Holdings, Inc. has announced the setting of a record date for voting rights in anticipation of a potential extraordinary general meeting of shareholders. This meeting is in response to a tender offer by SilverCape Investments Limited, which the company believes could exert coercive pressure on shareholders. To protect corporate value and shareholder interests, the company has introduced response policies to ensure shareholders have adequate information and time to make informed decisions regarding the tender offer.
The most recent analyst rating on (JP:2389) stock is a Buy with a Yen2583.00 price target. To see the full list of analyst forecasts on Digital Holdings, Inc. stock, see the JP:2389 Stock Forecast page.
SilverCape Investments Limited has announced its intention to commence a tender offer for shares of Digital Holdings, Inc., pending certain conditions. This move follows a previous tender offer proposal from Hakuhodo DY Holdings Inc., which Digital Holdings had favored. The board of Digital Holdings is currently reviewing SilverCape’s proposal to ensure it aligns with the company’s corporate value and shareholder interests, and will announce its stance once a decision is made.
The most recent analyst rating on (JP:2389) stock is a Buy with a Yen1403.00 price target. To see the full list of analyst forecasts on Digital Holdings, Inc. stock, see the JP:2389 Stock Forecast page.
Digital Holdings, Inc. has announced its support for a tender offer by Hakuhodo DY Holdings Inc., which aims to acquire all shares and stock acquisition rights to make Digital Holdings a wholly-owned subsidiary. This move will result in the delisting of Digital Holdings’ shares, impacting shareholders and stock acquisition rights holders who must decide whether to participate in the offer.
The most recent analyst rating on (JP:2389) stock is a Buy with a Yen1403.00 price target. To see the full list of analyst forecasts on Digital Holdings, Inc. stock, see the JP:2389 Stock Forecast page.
Digital Holdings, Inc. announced a revision to its dividend forecast for the fiscal year ending December 31, 2025, deciding not to distribute year-end dividends. This decision is contingent upon the successful completion of a tender offer by Hakuhodo DY Holdings Inc., which aims to make Digital Holdings a wholly-owned subsidiary and delist its shares. The company plans to retain earnings to invest in business and human resources to boost management strength and profitability, aligning with its medium-term business plan.
The most recent analyst rating on (JP:2389) stock is a Buy with a Yen1403.00 price target. To see the full list of analyst forecasts on Digital Holdings, Inc. stock, see the JP:2389 Stock Forecast page.
Digital Holdings, Inc. has announced its decision to dissolve and liquidate its subsidiary, Vankable, Inc., contingent upon the successful completion of a tender offer by Hakuhodo DY Holdings Inc. This move comes after a strategic review revealed limited synergies between Vankable’s financial services and the acquiring group’s operations. The decision is aimed at enhancing Digital Holdings’ corporate value and aligning with a strategic partner to support long-term growth. The dissolution of Vankable is seen as a necessary step to facilitate the tender offer and ultimately make Digital Holdings a wholly-owned subsidiary of Hakuhodo DY Holdings, which is expected to benefit shareholders.
The most recent analyst rating on (JP:2389) stock is a Buy with a Yen1403.00 price target. To see the full list of analyst forecasts on Digital Holdings, Inc. stock, see the JP:2389 Stock Forecast page.
Digital Holdings, Inc. announced that its Board of Directors has approved an interim dividend of 23.00 yen per share, consistent with its previous forecast. This decision aligns with the company’s dividend policy, which aims to distribute dividends equivalent to 20% of profit attributable to owners or 3% of dividend on equity, whichever is higher. The company plans to use retained earnings to fund investments that will strengthen its management team and improve profitability, supporting sustainable growth.
Digital Holdings, Inc. reported its consolidated financial results for the six months ended June 30, 2025, showing a decline in revenue by 12.5% year-on-year, but a significant increase in operating and ordinary profits by 58.7% and 109.1% respectively. Despite the revenue drop, the company managed to improve its profitability, indicating effective cost management or operational efficiency, which could positively impact its market positioning and stakeholder confidence.