1. Japan Stocks

  2. •

    Technology services

  3. •

    Packaged software
Dawn Corporation

Dawn Corporation

TTSE:2303
1,336.00
JPY
+13.00
(+0.98%)
8.11BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
98.63
93.35
118.45
123.9
131.52
140.36
164.77
175.06
190.8
215.48
241.82
268.67
286.98
- -
Basic EPS, GAAP
1.37
2.3
15.89
14.11
17.94
24.54
31.49
37.18
44.26
50.56
62.54
68.33
78.02
- -
Free Cash Flow per Basic Share
-0.08
12.37
25.56
6.07
28.32
16.39
45.57
35.62
39.72
56.4
63.99
49.14
107.58
- -
Dividend per Share
0.64
0.64
0.64
1.85
2.48
2.97
3.74
4.97
5.97
7.02
7.99
9.99
12.04
- -
Book Value per Share
165.51
167.12
182.4
194.36
209.71
231.7
260.06
294.01
333.76
357.78
403.88
453
502.52
502.52
Tangible Book Value per Share
165.04
166.58
181.9
194.03
209.54
231.21
259.81
293.98
333.76
357.11
403.36
452.63
502.29
502.29
Basic Weighted Avg Shares
6
6
6
6
6
6
6
6
6
6
6
6
6
6
Sales/Revenue/Turnover
627
594
753
788
837
893
1,051
1,119
1,222
1,368
1,501
1,647
1,735
- -
Operating Margin (%)
0.51
2.26
14.38
15.97
19.46
22.42
27.6
30.36
32.78
32.39
35.53
34.87
37.77
- -
Depreciation Expense
3
2
4
4
3
4
5
4
3
3
5
6
6
- -
Net Income, GAAP
9
15
101
90
114
156
201
238
284
321
388
419
472
- -
Effective Tax Rate (%)
10.62
10.18
12.4
31.66
31.53
24.11
30.87
30.71
29.84
28.82
29.07
28.33
29.83
- -
Profit Margin (%)
1.39
2.47
13.42
11.39
13.64
17.49
19.11
21.24
23.2
23.46
25.86
25.43
27.19
- -
Working Capital
687
643
738
902
1,078
1,167
1,493
1,741
2,059
1,772
1,874
1,811
1,785
1,785
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
1,053
1,063
1,160
1,236
1,334
1,475
1,660
1,881
2,139
2,226
2,481
2,750
2,988
2,988
Return on Invested Capital (%)
0.27
1.12
8.36
6.92
8.33
10.43
12.2
12.59
13.33
13.83
15.32
14.99
15.25
- -
Return on Capital (%)
0.83
1.39
9.1
7.49
8.88
11.12
12.81
13.42
14.1
14.71
16.49
16.01
16.44
- -
Return on Common Equity (%)
0.83
1.39
9.1
7.49
8.88
11.12
12.81
13.42
14.1
14.71
16.49
16.01
16.44
- -

Capital Structure

JPY

•

in mil. unless spec.
Nov'25
Nov'26
May'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6
6
6
Market Capitalization
7,336
7,360
8,110

Working Capital

JPY

•

in mil. unless spec.
Nov'25
Nov'26
May'26
Total Current Assets
1,902
1,924
2,086
Cash, Cash Equivalents & STI
1,615
1,563
1,852
Accounts Receivable, Net
165
230
173
Inventories
82
76
10
Total Current Liabilities
281
182
301
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.96%
9.74%
8.62%
Free Cash Flow
56.01%
31.02%
115.9%
Net Income, GAAP
17.36%
14.78%
12.61%
Sales/Revenue/Turnover
8.76%
9.18%
5.34%
Total Cash Common Dividend
39.34%
18.07%
18.85%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
252
299
413
536
1,501
2025
- -
- -
- -
- -
1,647
2026
- -
- -
- -
- -
1,735

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7.7
12.4
18.99
23.55
62.54
2025
- -
- -
- -
- -
68.33
2026
- -
- -
- -
- -
78.02

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
7.99
2025
- -
- -
- -
- -
9.99
2026
- -
- -
- -
- -
12.04

Company Description

Company Profile APIChatGPT
CEO
Masanobu Miyazaki
Full Time Employees
66
Sector
Technology services
Industry
Packaged software
Address
Sannomiya Grand Building Kobe HY Japan 651-0086
IPO Date
Jun 12, 2002
Website
dawn-corp.co.jp
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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.