fonfun (TSE:2323) EPS without NRI: 円19.76 (TTM As of Mar. 2026)

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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:2323 fonfun Corp TSE:2323
68 GF Score
Price 円286.00
GF Value 円398.07
Valuation Modestly Undervalued
! 5 Warning Signs
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What is fonfun EPS without NRI?

fonfun TSE:2323 68 EPS without NRI is 円19.76 as of Mar. 2026. GuruFocus rates TSE:2323 with a GF Score™ of 68/100 and a GF Value™ of 円398.07 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,075 Software companies, fonfun ranks better than 98.75% on this metric.

fonfun's earnings per share without non-recurring items for the six months ended in Mar. 2026 was 円13.70. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was 円19.76.

During the past 12 months, fonfun's average earnings per share (NRI) Growth Rate was 58.60% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was 187.70% per year. During the past 10 years, the average earnings per share (NRI) Growth Rate was 0.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.

The historical rank and industry rank for fonfun's EPS without NRI or its related term are showing as below:

TSE:2323' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -55.8   Med: -29.35   Max: 187.7
Current: 187.7

During the past 13 years, fonfun's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 187.70% per year. The lowest was -55.80% per year. And the median was -29.35% per year.

TSE:2323's 3-Year EPS without NRI Growth Rate is ranked better than
98.75% of 2075 companies
in the Software industry
Industry Median: 12.5 vs TSE:2323: 187.70

fonfun's EPS (Diluted) for the six months ended in Mar. 2026 was 円14.04. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円20.19.

fonfun's EPS (Basic) for the six months ended in Mar. 2026 was 円14.04. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was 円20.22.


fonfun  (TSE:2323) EPS without NRI Explanation

EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


fonfun EPS without NRI Related Terms


fonfun EPS without NRI Historical Data

* Premium members only.

The historical data trend for fonfun's EPS without NRI can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

fonfun EPS without NRI Chart

fonfun Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EPS without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.83 5.67 12.49 19.82

fonfun Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
EPS without NRI Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.74 4.14 8.29 6.07 13.70

TSE:2323 vs IBM, ACN, FISV: EPS without NRI Comparison

For the Information Technology Services subindustry, fonfun's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


fonfun PE Ratio without NRI vs Software Industry

For the Software industry and Technology sector, fonfun's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where fonfun's PE Ratio without NRI falls into.


TSE:2323
68GF Score
fonfun Corp TSE:2323
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

fonfun EPS without NRI Calculation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.

EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円19.76

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EPS without NRI →
What does a EPS without NRI of 円19.76 mean?
fonfun (TSE:2323) has a EPS without NRI of 円19.76 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on fonfun and its competitors. According to the industry distribution chart, fonfun ranks #26 out of 2075 companies in the Software industry, placing it in the top 1.3%.
Is fonfun's EPS without NRI too high?
fonfun's current EPS without NRI is 円19.76. Based on the distribution chart, fonfun ranks #26 out of 2075 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, fonfun has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does fonfun's EPS without NRI compare to IBM and ACN?
According to the Software industry distribution chart, fonfun ranks #26 out of 2075 companies for EPS without NRI. This places fonfun in the top 1% of its industry — outperforming the majority of peers. The industry median EPS without NRI is 12.50. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for a Software company?
The median EPS without NRI among Software companies is 12.50, based on 2,075 companies in the industry. Companies in the top quartile (top 25%) have a EPS without NRI significantly above this median, while those in the bottom quartile fall well below. However, EPS without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on fonfun and its competitors. For the Software industry, the median EPS without NRI is 12.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. fonfun's current EPS without NRI is 円19.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is fonfun stock overvalued right now?
Based on GuruFocus' analysis, fonfun (TSE:2323) is currently considered Modestly Undervalued. The stock's GF Value™ is 円398.07, compared to a current price of 円286.00 — trading 28.2% below its estimated fair value. The current EPS without NRI is 円19.76. fonfun's overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For fonfun (TSE:2323), the current EPS without NRI is 円19.76 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is fonfun (TSE:2323) Overvalued in 2026?

Based on GuruFocus' analysis, fonfun stock appears to be undervalued. The current stock price of 円286.00 is trading 28.2% below its estimated GF Value™ of 円398.07. GuruFocus considers fonfun to be Modestly Undervalued.

Key valuation signals for TSE:2323:

  • EPS without NRI: 円19.76
  • GF Value™: 円398.07 vs. price of 円286.00 (28.2% below fair value)
  • GF Score™: 68/100 with 5 warning signs

No single metric tells the full story. See the TSE:2323 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


fonfun Business Description

Address 2-1-6 Sasazuka Shibuya-ku, JMF Building Sasazuka 01, 6th floor, Tokyo, JPN
fonfun Corp provides various content services with a focus on services for the Internet-enabled mobile phone. Its web security business provides web application diagnosis and network diagnostics. Its segments include: Remote mail business, SMS business, Contracted software development business, and Voice mail business. The company derives maximum revenue from SMS business.
68GF Score

Get the complete analysis for TSE:2323

EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円286.00
Price
円398.07
GF Value