Declared Dividend • Jul 25
Final dividend increased to JP¥35.00 Dividend of JP¥35.00 is 2.9% higher than last year. Ex-date: 29th September 2026 Payment date: 3rd December 2026 Dividend yield will be 4.3%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (46% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 48% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jun 25
Vital KSK Holdings, Inc. to Report Q1, 2027 Results on Aug 06, 2026 Vital KSK Holdings, Inc. announced that they will report Q1, 2027 results on Aug 06, 2026 Reported Earnings • May 18
Full year 2026 earnings released: EPS: JP¥152 (vs JP¥149 in FY 2025) Full year 2026 results: EPS: JP¥152 (up from JP¥149 in FY 2025). Revenue: JP¥610.5b (up 1.7% from FY 2025). Net income: JP¥7.36b (flat on FY 2025). Profit margin: 1.2% (in line with FY 2025). Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 15% per year. Announcement • May 10
Vital KSK Holdings, Inc. to Report Fiscal Year 2026 Results on May 14, 2026 Vital KSK Holdings, Inc. announced that they will report fiscal year 2026 results on May 14, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥34.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 05 June 2026. Payout ratio is a comfortable 42% but the company is paying out more than the cash it is generating. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.7%). Reported Earnings • Feb 11
Third quarter 2026 earnings released: EPS: JP¥19.04 (vs JP¥83.17 in 3Q 2025) Third quarter 2026 results: EPS: JP¥19.04 (down from JP¥83.17 in 3Q 2025). Revenue: JP¥164.3b (flat on 3Q 2025). Net income: JP¥921.0m (down 77% from 3Q 2025). Profit margin: 0.6% (down from 2.5% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 18% per year. Announcement • Dec 11
Vital KSK Holdings, Inc. to Report Q3, 2026 Results on Feb 10, 2026 Vital KSK Holdings, Inc. announced that they will report Q3, 2026 results on Feb 10, 2026 Declared Dividend • Dec 04
First half dividend of JP¥34.00 announced Shareholders will receive a dividend of JP¥34.00. Ex-date: 30th March 2026 Payment date: 5th June 2026 Dividend yield will be 5.3%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (28% earnings payout ratio) but not covered by cash flows (135% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 34% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 18
Second quarter 2026 earnings released: EPS: JP¥88.42 (vs JP¥27.90 in 2Q 2025) Second quarter 2026 results: EPS: JP¥88.42 (up from JP¥27.90 in 2Q 2025). Revenue: JP¥152.1b (flat on 2Q 2025). Net income: JP¥4.28b (up 211% from 2Q 2025). Profit margin: 2.8% (up from 0.9% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Oct 17
Now 20% undervalued Over the last 90 days, the stock has risen 5.0% to JP¥1,295. The fair value is estimated to be JP¥1,619, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 18%. Buy Or Sell Opportunity • Oct 01
Now 21% undervalued Over the last 90 days, the stock has risen 6.9% to JP¥1,273. The fair value is estimated to be JP¥1,619, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 18%. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥34.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 5.2%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.6%). Buy Or Sell Opportunity • Sep 10
Now 20% undervalued Over the last 90 days, the stock has risen 6.3% to JP¥1,295. The fair value is estimated to be JP¥1,619, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 18%. Announcement • Sep 09
Vital KSK Holdings, Inc. to Report Q2, 2026 Results on Nov 14, 2025 Vital KSK Holdings, Inc. announced that they will report Q2, 2026 results on Nov 14, 2025 Reported Earnings • Aug 07
First quarter 2026 earnings released: EPS: JP¥14.36 (vs JP¥20.88 in 1Q 2025) First quarter 2026 results: EPS: JP¥14.36 (down from JP¥20.88 in 1Q 2025). Revenue: JP¥148.2b (up 1.3% from 1Q 2025). Net income: JP¥693.0m (down 34% from 1Q 2025). Profit margin: 0.5% (down from 0.7% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 09
Final dividend of JP¥34.00 announced Shareholders will receive a dividend of JP¥34.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 4.8%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jul 02
Vital Ksk Holdings, Inc. Announces Board, Management and Committee Changes, Effective July 1, 2025 and July 26, 2025 Vital KSK Holdings, Inc. in its board of directors meeting that took place after the Ordinary General Meeting of Shareholders held on June 26, 2025, made following changes: Directors of VITAL KSK HOLDINGS, INC. (effective July 26, 2025): Mamiko Iwata Outside Director (Audit and Supervisory Committee Member) (newly appointed). On May 14, 2025, the Company announced that Toshiyuki Iguchi would become the representative director. However, as a result of further consideration including of the importance of his responsibilities and other factors, he was elected Executive Vice President at a meeting of the Board of Directors held on June 26, 2025. Junshi Iguchi Executive Vice President, Director responsible for CSR, Sustainability Promotion, Junshi Iguchi Executive Vice President* General Affairs, Human Resources Development, Legal & Compliance and Auditing. Executive Officers of VITAL KSK HOLDINGS, INC. (effective July 1, 2025) Yuichi Kobayashi Executive Officer Manager of Business Development Department. Announcement • Jun 26
Vital KSK Holdings, Inc. to Report Q1, 2026 Results on Aug 06, 2025 Vital KSK Holdings, Inc. announced that they will report Q1, 2026 results on Aug 06, 2025 Reported Earnings • Jun 25
Full year 2025 earnings released: EPS: JP¥149 (vs JP¥115 in FY 2024) Full year 2025 results: EPS: JP¥149 (up from JP¥115 in FY 2024). Revenue: JP¥600.4b (up 2.2% from FY 2024). Net income: JP¥7.31b (up 25% from FY 2024). Profit margin: 1.2% (up from 1.0% in FY 2024). Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 20% per year. Reported Earnings • May 18
Full year 2025 earnings released: EPS: JP¥149 (vs JP¥115 in FY 2024) Full year 2025 results: EPS: JP¥149 (up from JP¥115 in FY 2024). Revenue: JP¥600.4b (up 2.2% from FY 2024). Net income: JP¥7.31b (up 25% from FY 2024). Profit margin: 1.2% (up from 1.0% in FY 2024). Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 22% per year. Announcement • May 14
Vital KSK Holdings, Inc., Annual General Meeting, Jun 26, 2025 Vital KSK Holdings, Inc., Annual General Meeting, Jun 26, 2025. Buy Or Sell Opportunity • Apr 11
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 1.7% to JP¥1,241. The fair value is estimated to be JP¥1,020, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 21%. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥24.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 05 June 2025. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.7%). Announcement • Mar 17
Vital KSK Holdings, Inc. to Report Fiscal Year 2025 Results on May 14, 2025 Vital KSK Holdings, Inc. announced that they will report fiscal year 2025 results on May 14, 2025 Buy Or Sell Opportunity • Mar 06
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 4.4% to JP¥1,235. The fair value is estimated to be JP¥1,020, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 21%. Reported Earnings • Feb 14
Third quarter 2025 earnings released: EPS: JP¥83.17 (vs JP¥53.65 in 3Q 2024) Third quarter 2025 results: EPS: JP¥83.17 (up from JP¥53.65 in 3Q 2024). Revenue: JP¥163.6b (up 5.8% from 3Q 2024). Net income: JP¥4.04b (up 49% from 3Q 2024). Profit margin: 2.5% (up from 1.7% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Dec 04
Vital KSK Holdings, Inc. to Report Q3, 2025 Results on Feb 12, 2025 Vital KSK Holdings, Inc. announced that they will report Q3, 2025 results on Feb 12, 2025 Declared Dividend • Dec 04
First half dividend of JP¥22.00 announced Shareholders will receive a dividend of JP¥22.00. Ex-date: 28th March 2025 Payment date: 5th June 2025 Dividend yield will be 3.5%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (37% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 6.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 03
Second quarter 2025 earnings released: EPS: JP¥27.90 (vs JP¥28.04 in 2Q 2024) Second quarter 2025 results: EPS: JP¥27.90 (down from JP¥28.04 in 2Q 2024). Revenue: JP¥150.8b (flat on 2Q 2024). Net income: JP¥1.38b (down 3.8% from 2Q 2024). Profit margin: 0.9% (down from 1.0% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥21.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.3%). Announcement • Sep 03
Vital KSK Holdings, Inc. to Report Q2, 2025 Results on Nov 01, 2024 Vital KSK Holdings, Inc. announced that they will report Q2, 2025 results on Nov 01, 2024 Buy Or Sell Opportunity • Aug 16
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 8.4% to JP¥1,299. The fair value is estimated to be JP¥1,079, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has grown by 40%. Declared Dividend • Jul 11
Final dividend of JP¥21.00 announced Shareholders will receive a dividend of JP¥21.00. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 3.4%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 5.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jun 02
Vital KSK Holdings, Inc. to Report Q1, 2025 Results on Aug 05, 2024 Vital KSK Holdings, Inc. announced that they will report Q1, 2025 results on Aug 05, 2024 Reported Earnings • May 16
Full year 2024 earnings released: EPS: JP¥115 (vs JP¥92.69 in FY 2023) Full year 2024 results: EPS: JP¥115 (up from JP¥92.69 in FY 2023). Revenue: JP¥587.5b (up 1.3% from FY 2023). Net income: JP¥5.84b (up 21% from FY 2023). Profit margin: 1.0% (up from 0.8% in FY 2023). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Announcement • May 14
Vital KSK Holdings, Inc. (TSE:3151) announces an Equity Buyback for 2,000,000 shares, representing 3.85% for ¥3,000 million. Vital KSK Holdings, Inc. (TSE:3151) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 3.85% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,000 million. The purpose of the program is improving capital efficiency, implementing flexible capital policies in response to changes in the business environment, and returning profits to shareholders. The program will be valid till March 24, 2025. As of March 31, 2024, the company had 51,902,976 issued shares (excluding treasury stock) and 1,599,958 treasury shares. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.2%). Announcement • Mar 02
Vital KSK Holdings, Inc. to Report Fiscal Year 2024 Results on May 13, 2024 Vital KSK Holdings, Inc. announced that they will report fiscal year 2024 results on May 13, 2024 Reported Earnings • Feb 09
Third quarter 2024 earnings released: EPS: JP¥53.65 (vs JP¥19.23 in 3Q 2023) Third quarter 2024 results: EPS: JP¥53.65 (up from JP¥19.23 in 3Q 2023). Revenue: JP¥154.7b (flat on 3Q 2023). Net income: JP¥2.71b (up 172% from 3Q 2023). Profit margin: 1.7% (up from 0.6% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Nov 26
Vital KSK Holdings, Inc. to Report Q3, 2024 Results on Feb 07, 2024 Vital KSK Holdings, Inc. announced that they will report Q3, 2024 results on Feb 07, 2024 Announcement • Nov 07
Vital KSK Holdings, Inc. (TSE:3151) announces an Equity Buyback for 700,000 shares, representing 1.38% for ¥840 million. Vital KSK Holdings, Inc. (TSE:3151) announces a share repurchase program. Under the program, the company will repurchase up to 700,000 shares, representing 1.38% of its issued share capital, for ¥840 million. The purpose of this is to improve capital efficiency and implement a flexible capital policy that responds to changes in the business environment. The repurchase program is valid till November 15, 2023. As of September 30, 2023, the company had 50,903,038 shares outstanding (excluding treasury shares) and 999,938 shares in treasury. Reported Earnings • Nov 07
Second quarter 2024 earnings released: EPS: JP¥28.04 (vs JP¥15.39 in 2Q 2023) Second quarter 2024 results: EPS: JP¥28.04 (up from JP¥15.39 in 2Q 2023). Revenue: JP¥149.7b (up 2.6% from 2Q 2023). Net income: JP¥1.43b (up 79% from 2Q 2023). Profit margin: 1.0% (up from 0.5% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥19.00 per share at 3.9% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.1%). Announcement • Aug 27
Vital KSK Holdings, Inc. to Report Q2, 2024 Results on Nov 06, 2023 Vital KSK Holdings, Inc. announced that they will report Q2, 2024 results on Nov 06, 2023 Reported Earnings • Aug 03
First quarter 2024 earnings released: EPS: JP¥17.79 (vs JP¥12.05 in 1Q 2023) First quarter 2024 results: EPS: JP¥17.79 (up from JP¥12.05 in 1Q 2023). Revenue: JP¥144.5b (flat on 1Q 2023). Net income: JP¥917.0m (up 43% from 1Q 2023). Profit margin: 0.6% (up from 0.4% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Jun 28
Vital KSK Holdings, Inc. to Report Q1, 2024 Results on Aug 02, 2023 Vital KSK Holdings, Inc. announced that they will report Q1, 2024 results on Aug 02, 2023 Reported Earnings • May 16
Full year 2023 earnings released: EPS: JP¥92.69 (vs JP¥87.88 in FY 2022) Full year 2023 results: EPS: JP¥92.69 (up from JP¥87.88 in FY 2022). Revenue: JP¥579.8b (flat on FY 2022). Net income: JP¥4.83b (up 1.3% from FY 2022). Profit margin: 0.8% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • May 14
Vital KSK Holdings, Inc., Annual General Meeting, Jun 28, 2023 Vital KSK Holdings, Inc., Annual General Meeting, Jun 28, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥27.00 per share at 4.4% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 07 June 2023. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.3%). Reported Earnings • Feb 04
Third quarter 2023 earnings released: EPS: JP¥19.23 (vs JP¥19.25 in 3Q 2022) Third quarter 2023 results: EPS: JP¥19.23 (down from JP¥19.25 in 3Q 2022). Revenue: JP¥153.8b (flat on 3Q 2022). Net income: JP¥996.0m (down 4.0% from 3Q 2022). Profit margin: 0.6% (down from 0.7% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Jan 09
Vital KSK Holdings, Inc. to Report Q3, 2023 Results on Feb 03, 2023 Vital KSK Holdings, Inc. announced that they will report Q3, 2023 results on Feb 03, 2023 Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. 2 independent directors (9 non-independent directors). Independent Outside Director Masaaki Manabe was the last independent director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 12
Second quarter 2023 earnings released: EPS: JP¥15.39 (vs JP¥14.02 in 2Q 2022) Second quarter 2023 results: EPS: JP¥15.39 (up from JP¥14.02 in 2Q 2022). Revenue: JP¥145.9b (up 2.5% from 2Q 2022). Net income: JP¥797.0m (up 3.9% from 2Q 2022). Profit margin: 0.5% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 31
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥748, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 12x in the Healthcare industry in Japan. Total loss to shareholders of 27% over the past three years. Announcement • Sep 28
Vital KSK Holdings, Inc. to Report Q2, 2023 Results on Nov 07, 2022 Vital KSK Holdings, Inc. announced that they will report Q2, 2023 results on Nov 07, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.2%). Reported Earnings • Aug 04
First quarter 2023 earnings released: EPS: JP¥12.05 (vs JP¥11.66 in 1Q 2022) First quarter 2023 results: EPS: JP¥12.05. Revenue: JP¥143.5b (flat on 1Q 2022). Net income: JP¥640.0m (flat on 1Q 2022). Profit margin: 0.4% (down from 0.5% in 1Q 2022). Announcement • Jun 29
Vital KSK Holdings, Inc. to Report Q1, 2023 Results on Aug 02, 2022 Vital KSK Holdings, Inc. announced that they will report Q1, 2023 results on Aug 02, 2022 Announcement • Jun 22
Vital KSK Holdings, Inc. (TSE:3151) announces an Equity Buyback for 1,500,000 shares, representing 2.82% for ¥1,029 million. Vital KSK Holdings, Inc. (TSE:3151) announces a share repurchase program. Under the program, the company will repurchase up to 1,500,000 shares, representing 2.82% of is issued share capital for ¥1,029 million. The shares will be repurchased at a price of ¥686 per share. The purpose of the program is to implement agile capital policies in response to improvements in capital efficiency and changes in the business environment. The program will run until June 22, 2022. As of May 31, 2022, the company had 53,237,965 shares (excluding treasury stock) outstanding and 7,986,831 shares in treasury. Reported Earnings • May 16
Full year 2022 earnings released: EPS: JP¥87.88 (vs JP¥21.25 in FY 2021) Full year 2022 results: EPS: JP¥87.88 (up from JP¥21.25 in FY 2021). Revenue: JP¥577.2b (up 7.5% from FY 2021). Net income: JP¥4.77b (up 307% from FY 2021). Profit margin: 0.8% (up from 0.2% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Announcement • May 14
Vital KSK Holdings, Inc., Annual General Meeting, Jun 28, 2022 Vital KSK Holdings, Inc., Annual General Meeting, Jun 28, 2022. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. 2 independent directors (8 non-independent directors). Independent Outside Director Masaaki Manabe was the last independent director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 07
Vital KSK Holdings, Inc. to Report Fiscal Year 2022 Results on May 12, 2022 Vital KSK Holdings, Inc. announced that they will report fiscal year 2022 results on May 12, 2022 Reported Earnings • Feb 04
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥19.25 (up from JP¥1.87 loss in 3Q 2021). Revenue: JP¥154.1b (up 8.4% from 3Q 2021). Net income: JP¥1.04b (up JP¥1.14b from 3Q 2021). Profit margin: 0.7% (up from net loss in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥14.02 (vs JP¥12.64 in 2Q 2021) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2022 results: Revenue: JP¥142.3b (up 8.1% from 2Q 2021). Net income: JP¥767.0m (up 10% from 2Q 2021). Profit margin: 0.5% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 07 December 2021. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.8%). Reported Earnings • Aug 05
First quarter 2022 earnings released: EPS JP¥11.66 (vs JP¥4.68 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥142.9b (up 5.8% from 1Q 2021). Net income: JP¥644.0m (up JP¥901.0m from 1Q 2021). Profit margin: 0.5% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Announcement • Jun 18
Vital KSK Holdings, Inc. (TSE:3151) announces an Equity Buyback for 2,000,000 shares, representing 3.62% for ¥2,000 million. Vital KSK Holdings, Inc. announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 3.62% of is issued share capital for ¥2,000 million. The purpose of the program is to carry out agile capital policy according to the business environment. The program will run until January 31, 2022. As of May 31, 2021, the company had 55,233,977 shares (excluding treasury stock) outstanding and 5,990,819 shares in treasury. Reported Earnings • May 15
Full year 2021 earnings released: EPS JP¥21.25 (vs JP¥83.34 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥537.0b (down 4.5% from FY 2020). Net income: JP¥1.17b (down 75% from FY 2020). Profit margin: 0.2% (down from 0.8% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 22
New 90-day low: JP¥790 The company is down 13% from its price of JP¥909 on 24 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Healthcare industry, which is up 8.0% over the same period. Reported Earnings • Feb 05
Third quarter 2021 earnings released: JP¥1.87 loss per share (vs JP¥39.21 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥142.2b (down 3.5% from 3Q 2020). Net loss: JP¥103.0m (down 105% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 20
New 90-day low: JP¥798 The company is down 21% from its price of JP¥1,010 on 22 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Healthcare industry, which is up 6.0% over the same period. 
