1. Japan Stocks

  2. •

    Technology

  3. •

    Software - Application
Dawn Corp.

Dawn Corp.

2303.T
Dawn Corp.JP flagTokyo Stock Exchange
1,317.00
JPY
-6.00
- -
7.83BMarket Cap
Dawn Corp.
2303.T
(Tokyo Stock Exchange)

Recent

price

1,317.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
122.82
95.94
72.33
85.48
98.63
93.35
118.45
123.9
131.52
140.36
164.77
175.06
190.8
215.48
241.82
268.67
241.17
Revenue per Share
14.5
2.04
-11.02
-5.42
1.37
2.3
15.89
14.11
17.94
24.54
31.49
37.18
44.26
50.56
62.54
68.33
62.37
Basic EPS, GAAP
22.12
-8.51
-5.9
-6.26
-0.08
12.37
25.56
6.07
28.32
16.39
45.57
35.62
39.72
56.4
63.99
49.14
- -
Free Cash Flow per Basic Share
- -
1.21
1.23
0.6
0.64
0.64
0.64
1.85
2.48
2.97
3.74
4.97
5.97
7.02
7.99
9.99
- -
Dividend per Share
226.53
132.48
120.2
114.16
114.91
116.59
131.86
86.88
155.59
177.02
204.41
236.1
273.96
319.79
381.78
444.85
380.75
Book Value per Share
265.86
180.81
168.57
163.69
165.04
166.58
181.9
194.03
209.54
231.31
260.04
294.23
333.92
349.91
399.21
448.38
398.13
Tangible Book Value per Share
4
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
Basic Weighted Avg Shares
530
610
460
544
627
594
753
788
837
893
1,051
1,119
1,222
1,368
1,501
1,647
1,501
Sales/Revenue/Turnover
0.41
3.53
-15.15
-5.67
0.51
2.26
14.38
15.97
19.46
22.42
27.6
30.36
32.78
32.39
35.53
34.87
35.53
Operating Margin (%)
18
10
10
7
3
2
4
4
3
4
5
4
3
3
5
6
- -
Depreciation Expense
63
13
-70
-34
9
15
101
90
114
156
201
238
284
321
388
419
388
Net Income, GAAP
32.63
48.3
- -
- -
10.62
10.18
12.4
31.66
31.53
24.11
30.87
30.71
29.84
28.82
29.07
28.33
29.07
Effective Tax Rate (%)
11.81
2.12
-15.24
-6.33
1.39
2.47
13.42
11.39
13.64
17.49
19.11
21.24
23.2
23.46
25.86
25.43
25.86
Profit Margin (%)
858
810
697
664
687
643
738
902
1,078
1,167
1,493
1,741
2,059
1,772
1,874
1,811
1,874
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
1,156
1,159
1,082
1,045
1,053
1,063
1,160
1,236
1,334
1,475
1,660
1,881
2,139
2,226
2,481
2,750
2,481
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
6.61
1.42
-8.73
-4.62
1.2
1.99
12.79
12.9
14.79
14.76
16.53
16.9
17.37
16.96
17.64
16.44
17.64
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Nov'24
Feb'24
May'24
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6
6
6
Market Capitalization
6,089
6,210
6,222

Working Capital

FRC

•

in mil. unless spec.
Nov'24
Feb'24
May'24
Total Current Assets
1,902
1,916
2,158
Cash, Cash Equivalents & STI
1,627
1,514
1,924
Accounts Receivable, Net
140
272
154
Inventories
85
63
40
Total Current Liabilities
193
156
284
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.01%
10.68%
10.88%
Free Cash Flow
55.08%
3.51%
-24.15%
Net Income, GAAP
75.07%
15.93%
7.9%
Sales/Revenue/Turnover
10.91%
9.41%
9.73%
Total Cash Common Dividend
37.46%
20.95%
23.53%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
252
299
413
536
1,501
2025
- -
- -
- -
- -
1,647
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7.7
- -
- -
- -
62.54
2025
- -
- -
- -
- -
68.33
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
7.99
2025
- -
- -
- -
- -
9.99
2026
- -
- -
- -
- -
- -
Similar Companies
VusionGroup (VU.PA)
IMINT Image Intelligence AB (publ.) (IMNTF)
Nvni Group Limited Ordinary Shares (NVNI)
Verve Group SE (VRF.DE)
NETWORK PEOPLE SRV TECH L (NPST-SM.NS)
Penpower Technology Ltd. (5211.TWO)
Business
Dawn Corp. (2303.T) develops and maintains SaaS-based geographic information systems (GIS) primarily for public safety, disaster management, and emergency response applications in Japan. The company offers NET119, a cloud-based emergency call system compliant with domestic standardization specifications 2.0 that enables quick 119 reporting via smartphone internet connectivity for individuals with hearing or speech impairments; Live119 and Live110, video reporting systems that transmit real-time footage from incident sites to emergency services or facilitate video communication between police and callers; AED GO, an AED transportation support system that delivers incident details to volunteer rescuers for timely CPR aid; DMaCS, a disaster information sharing service for collecting, managing, and supporting decision-making in disaster response; mailio, a message delivery service; Town Guidance Town Development Map and Town Map Pro, internet public map services and comprehensive cloud-based GIS platforms with electronic residential maps, user permission management, and data center operations; infectious disease crisis management system for surveillance information sharing across medical, welfare, and educational institutions; easy log analysis services for website access tracking; and GeoBase/GeoBase.NET, high-performance GIS middleware with rapid map rendering, cloud compatibility, and large-scale deployment capabilities for public infrastructure. Founded in 1991 and headquartered in Kobe, Japan, Dawn Corp. targets local governments, fire and disaster prevention agencies, police, and private enterprises in the public safety and social infrastructure sectors, with operations centered in Japan. Recent developments include media coverage of Live119 and NET119 implementations, such as NHK featuring the systems in September 2025 and a successful case reported in the Kanagawa Shimbun in August 2025; sponsorship and exhibition at the 53rd National Fire and Rescue Technology Convention in September 2025; introduction in the December 2025 issue of shareholder magazine "Shareholder Handbook"; and investment in Hyogo Prefecture's SDGs Bond (green bond) in July 2025, alongside steady growth in cloud service subscription revenues despite a revenue dip in the first quarter of fiscal year ending May 2026.