Price Target Changed • Jun 25
Price target decreased by 34% to JP¥1,900 Down from JP¥2,900, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥1,821. Stock is down 2.1% over the past year. The company is forecast to post earnings per share of JP¥194 for next year compared to JP¥197 last year. Announcement • Jun 04
Qol Holdings Co., Ltd. to Report Q1, 2027 Results on Aug 07, 2026 Qol Holdings Co., Ltd. announced that they will report Q1, 2027 results on Aug 07, 2026 Announcement • May 14
Qol Holdings Co., Ltd., Annual General Meeting, Jun 26, 2026 Qol Holdings Co., Ltd., Annual General Meeting, Jun 26, 2026. Announcement • Apr 07
Qol Holdings Co., Ltd. to Report Fiscal Year 2026 Results on May 14, 2026 Qol Holdings Co., Ltd. announced that they will report fiscal year 2026 results on May 14, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥23.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 12 June 2026. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 07
Third quarter 2026 earnings released: EPS: JP¥29.95 (vs JP¥61.75 in 3Q 2025) Third quarter 2026 results: EPS: JP¥29.95 (down from JP¥61.75 in 3Q 2025). Revenue: JP¥73.8b (flat on 3Q 2025). Net income: JP¥1.12b (down 51% from 3Q 2025). Profit margin: 1.5% (down from 3.1% in 3Q 2025). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Dec 02
First half dividend of JP¥23.00 announced Shareholders will receive a dividend of JP¥23.00. Ex-date: 30th March 2026 Payment date: 12th June 2026 Dividend yield will be 1.9%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (9% 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 8.7% 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. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 08
Second quarter 2026 earnings released: EPS: JP¥45.10 (vs JP¥9.84 in 2Q 2025) Second quarter 2026 results: EPS: JP¥45.10 (up from JP¥9.84 in 2Q 2025). Revenue: JP¥70.5b (up 11% from 2Q 2025). Net income: JP¥1.69b (up 360% from 2Q 2025). Profit margin: 2.4% (up from 0.6% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥23.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Announcement • Sep 03
Qol Holdings Co., Ltd. to Report Q2, 2026 Results on Nov 07, 2025 Qol Holdings Co., Ltd. announced that they will report Q2, 2026 results on Nov 07, 2025 Price Target Changed • Aug 14
Price target increased by 7.1% to JP¥3,000 Up from JP¥2,800, the current price target is provided by 1 analyst. New target price is 41% above last closing price of JP¥2,135. Stock is up 53% over the past year. The company is forecast to post earnings per share of JP¥197 for next year compared to JP¥138 last year. Reported Earnings • Aug 09
First quarter 2026 earnings released: EPS: JP¥49.41 (vs JP¥22.58 in 1Q 2025) First quarter 2026 results: EPS: JP¥49.41 (up from JP¥22.58 in 1Q 2025). Revenue: JP¥71.7b (up 18% from 1Q 2025). Net income: JP¥1.86b (up 120% from 1Q 2025). Profit margin: 2.6% (up from 1.4% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Declared Dividend • Jul 09
Final dividend of JP¥23.00 announced Shareholders will receive a dividend of JP¥23.00. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 2.1%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (26% 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 8.7% 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. EPS is expected to grow by 52% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • Jul 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change). Announcement • Jun 27
Qol Holdings Co., Ltd. (TSE:3034) announces an Equity Buyback for 150,000 shares, representing 0.4% for ¥279.15 million. Qol Holdings Co., Ltd. (TSE:3034) announces a share repurchase program. Under the program, the company will repurchase 150,000 shares, representing 0.4% of the outstanding shares, at ¥1,861 per share for ¥1279.15 million. The purpose of the program is to improve capital efficiency, implement agile capital policies, and return profits to shareholders. As of March 31, 2025, the company had 37,702,566 shares outstanding and 1,200,219 shares in treasury. Announcement • Jun 05
Qol Holdings Co., Ltd. to Report Q1, 2026 Results on Aug 08, 2025 Qol Holdings Co., Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025 Valuation Update With 7 Day Price Move • May 16
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥1,886, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 16x in the Consumer Retailing industry in Japan. Total returns to shareholders of 67% over the past three years. Reported Earnings • May 10
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: EPS: JP¥138 (up from JP¥131 in FY 2024). Revenue: JP¥264.0b (up 47% from FY 2024). Net income: JP¥5.16b (up 5.8% from FY 2024). Profit margin: 2.0% (down from 2.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) exceeded analyst estimates by 3.5%. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Announcement • May 09
Qol Holdings Co., Ltd., Annual General Meeting, Jun 26, 2025 Qol Holdings Co., Ltd., Annual General Meeting, Jun 26, 2025. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥2,142, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Consumer Retailing industry in Japan. Total returns to shareholders of 109% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥17.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 12 June 2025. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). Announcement • Mar 15
Qol Holdings Co., Ltd. to Report Fiscal Year 2025 Results on May 09, 2025 Qol Holdings Co., Ltd. announced that they will report fiscal year 2025 results on May 09, 2025 Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥61.75 (vs JP¥50.64 in 3Q 2024) Third quarter 2025 results: EPS: JP¥61.75 (up from JP¥50.64 in 3Q 2024). Revenue: JP¥73.4b (up 60% from 3Q 2024). Net income: JP¥2.31b (up 23% from 3Q 2024). Profit margin: 3.1% (down from 4.1% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Dec 07
Qol Holdings Co., Ltd. to Report Q3, 2025 Results on Feb 07, 2025 Qol Holdings Co., Ltd. announced that they will report Q3, 2025 results on Feb 07, 2025 Declared Dividend • Dec 03
First half dividend of JP¥17.00 announced Shareholders will receive a dividend of JP¥17.00. Ex-date: 28th March 2025 Payment date: 12th June 2025 Dividend yield will be 2.3%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 6.6% 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 2.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Nov 12
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 2.0% to JP¥1,410. The fair value is estimated to be JP¥1,159, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.3% over the last 3 years. Earnings per share has declined by 5.6%. Reported Earnings • Nov 03
Second quarter 2025 earnings released: EPS: JP¥9.84 (vs JP¥23.60 in 2Q 2024) Second quarter 2025 results: EPS: JP¥9.84 (down from JP¥23.60 in 2Q 2024). Revenue: JP¥63.7b (up 41% from 2Q 2024). Net income: JP¥368.0m (down 58% from 2Q 2024). Profit margin: 0.6% (down from 1.9% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 7% per year. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥17.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%). Announcement • Aug 30
Qol Holdings Co., Ltd. to Report Q2, 2025 Results on Nov 01, 2024 Qol Holdings Co., Ltd. announced that they will report Q2, 2025 results on Nov 01, 2024 Reported Earnings • Aug 07
First quarter 2025 earnings released: EPS: JP¥22.58 (vs JP¥27.19 in 1Q 2024) First quarter 2025 results: EPS: JP¥22.58 (down from JP¥27.19 in 1Q 2024). Revenue: JP¥61.0b (up 41% from 1Q 2024). Net income: JP¥843.0m (down 17% from 1Q 2024). Profit margin: 1.4% (down from 2.3% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to JP¥1,196, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 15x in the Consumer Retailing industry in Japan. Total loss to shareholders of 17% over the past three years. Declared Dividend • Jul 11
Final dividend of JP¥17.00 announced Shareholders will receive a dividend of JP¥17.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 2.1%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 6.6% 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. EPS is expected to grow by 116% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 28
Qol Holdings Co., Ltd. to Report Q1, 2025 Results on Aug 02, 2024 Qol Holdings Co., Ltd. announced that they will report Q1, 2025 results on Aug 02, 2024 Announcement • May 31
Qol Holdings Co., Ltd. (TSE:3034) agreed to acquire Bottom Heart Co., Ltd./Gyotoku Pharmacy Co., Ltd. Qol Holdings Co., Ltd. (TSE:3034) agreed to acquire Bottom Heart Co., Ltd./Gyotoku Pharmacy Co., Ltd. on May 29, 2024. The transaction is expected to close in July 1, 2024. Valuation Update With 7 Day Price Move • May 17
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥1,529, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 15x in the Consumer Retailing industry in Japan. Total returns to shareholders of 8.5% over the past three years. Reported Earnings • May 13
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: JP¥131 (down from JP¥153 in FY 2023). Revenue: JP¥180.1b (up 5.9% from FY 2023). Net income: JP¥4.88b (down 14% from FY 2023). Profit margin: 2.7% (down from 3.3% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.7%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • May 12
Qol Holdings Co., Ltd., Annual General Meeting, Jun 27, 2024 Qol Holdings Co., Ltd., Annual General Meeting, Jun 27, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 13 June 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.5%). Reported Earnings • Feb 04
Third quarter 2024 earnings released: EPS: JP¥50.64 (vs JP¥48.42 in 3Q 2023) Third quarter 2024 results: EPS: JP¥50.64 (up from JP¥48.42 in 3Q 2023). Revenue: JP¥46.0b (up 5.4% from 3Q 2023). Net income: JP¥1.89b (up 5.2% from 3Q 2023). Profit margin: 4.1% (in line with 3Q 2023). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 10% per year. Announcement • Dec 17
Qol Holdings Co., Ltd. to Report Q3, 2024 Results on Feb 02, 2024 Qol Holdings Co., Ltd. announced that they will report Q3, 2024 results on Feb 02, 2024 Reported Earnings • Nov 04
Second quarter 2024 earnings released: EPS: JP¥23.60 (vs JP¥36.94 in 2Q 2023) Second quarter 2024 results: EPS: JP¥23.60 (down from JP¥36.94 in 2Q 2023). Revenue: JP¥45.1b (up 7.7% from 2Q 2023). Net income: JP¥878.0m (down 36% from 2Q 2023). Profit margin: 1.9% (down from 3.3% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 15% per year. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥15.00 per share at 1.7% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.3%). In line with average of industry peers (1.6%). Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: JP¥27.19 (vs JP¥27.15 in 1Q 2023) First quarter 2024 results: EPS: JP¥27.19 (up from JP¥27.15 in 1Q 2023). Revenue: JP¥43.4b (up 7.0% from 1Q 2023). Net income: JP¥1.01b (flat on 1Q 2023). Profit margin: 2.3% (down from 2.5% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 20% per year. Major Estimate Revision • Aug 08
Consensus EPS estimates increase by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from JP¥178.0b to JP¥181.0b. EPS estimate increased from JP¥148 to JP¥167 per share. Net income forecast to grow 9.6% next year vs 9.3% growth forecast for Consumer Retailing industry in Japan. Consensus price target up from JP¥2,500 to JP¥2,800. Share price rose 3.5% to JP¥1,839 over the past week. Price Target Changed • Aug 07
Price target increased by 7.7% to JP¥2,800 Up from JP¥2,600, the current price target is provided by 1 analyst. New target price is 59% above last closing price of JP¥1,763. Stock is up 42% over the past year. The company is forecast to post earnings per share of JP¥167 for next year compared to JP¥153 last year. Announcement • Jun 16
Qol Holdings Co., Ltd. to Report Q1, 2024 Results on Aug 04, 2023 Qol Holdings Co., Ltd. announced that they will report Q1, 2024 results on Aug 04, 2023 Valuation Update With 7 Day Price Move • May 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥1,450, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 17x in the Consumer Retailing industry in Japan. Total returns to shareholders of 32% over the past three years. Announcement • May 17
Qol Holdings Co., Ltd. (TSE:3034) agreed to acquire Daiichi Sankyo Espha Co., Ltd. from Daiichi Sankyo Company, Limited (TSE:4568) for ¥25 billion. Qol Holdings Co., Ltd. (TSE:3034) agreed to acquire Daiichi Sankyo Espha Co., Ltd. from Daiichi Sankyo Company, Limited (TSE:4568) for ¥25 billion on May 16, 2023. 18,000 Number of shares to be acquired in Daiichi Sankyo Espha. Fiscal year ended March 31, 2023, Daiichi Sankyo Espha has total assets of ¥46.466 billion, net sales of ¥78.769 billion, net assets of ¥18.982 billion and operating profit of ¥12.865 billion. 30% of shares held by DAIICHI SANKYO scheduled on October 1, 2023, 21% of shares held by DAIICHI SANKYO scheduled on April 1, 2024 and the date of execution of the acquisition of the remaining 49% of DAIICHI SANKYO's shares will be determined by separate negotiation. Reported Earnings • May 16
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: JP¥153 (up from JP¥149 in FY 2022). Revenue: JP¥170.0b (up 2.3% from FY 2022). Net income: JP¥5.66b (up 3.0% from FY 2022). Profit margin: 3.3% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.0%. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • May 12
Qol Holdings Co., Ltd., Annual General Meeting, Jun 28, 2023 Qol Holdings Co., Ltd., Annual General Meeting, Jun 28, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥17.00 per share at 2.6% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 14 June 2023. Payout ratio is a comfortable 9.4% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 04
Third quarter 2023 earnings released: EPS: JP¥48.42 (vs JP¥46.27 in 3Q 2022) Third quarter 2023 results: EPS: JP¥48.42 (up from JP¥46.27 in 3Q 2022). Revenue: JP¥43.6b (up 2.1% from 3Q 2022). Net income: JP¥1.79b (up 5.4% from 3Q 2022). Profit margin: 4.1% (up from 4.0% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Dec 22
Qol Holdings Co., Ltd. to Report Q3, 2023 Results on Feb 03, 2023 Qol Holdings Co., Ltd. announced that they will report Q3, 2023 results on Feb 03, 2023 Reported Earnings • Nov 20
Second quarter 2023 earnings released: EPS: JP¥36.94 (vs JP¥38.75 in 2Q 2022) Second quarter 2023 results: EPS: JP¥36.94 (down from JP¥38.75 in 2Q 2022). Revenue: JP¥41.9b (up 1.1% from 2Q 2022). Net income: JP¥1.37b (down 4.0% from 2Q 2022). Profit margin: 3.3% (down from 3.4% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Price Target Changed • Nov 16
Price target decreased to JP¥2,300 Down from JP¥2,600, the current price target is provided by 1 analyst. New target price is 102% above last closing price of JP¥1,138. Stock is down 22% over the past year. The company is forecast to post earnings per share of JP¥165 for next year compared to JP¥149 last year. Reported Earnings • Nov 06
Second quarter 2023 earnings released: EPS: JP¥36.94 (vs JP¥38.75 in 2Q 2022) Second quarter 2023 results: EPS: JP¥36.94 (down from JP¥38.75 in 2Q 2022). Revenue: JP¥41.9b (up 1.1% from 2Q 2022). Net income: JP¥1.37b (down 4.0% from 2Q 2022). Profit margin: 3.3% (down from 3.4% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%). Announcement • Sep 18
Qol Holdings Co., Ltd. to Report Q2, 2023 Results on Nov 04, 2022 Qol Holdings Co., Ltd. announced that they will report Q2, 2023 results on Nov 04, 2022 Valuation Update With 7 Day Price Move • Aug 12
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥1,225, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 15x in the Consumer Retailing industry in Japan. Total loss to shareholders of 5.4% over the past three years. Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥27.15 (vs JP¥28.20 in 1Q 2022) First quarter 2023 results: EPS: JP¥27.15 (down from JP¥28.20 in 1Q 2022). Revenue: JP¥40.6b (flat on 1Q 2022). Net income: JP¥1.00b (down 3.1% from 1Q 2022). Profit margin: 2.5% (in line with 1Q 2022). Over the next year, revenue is forecast to grow 7.3%, compared to a 11% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Jun 17
Qol Holdings Co., Ltd. to Report Q1, 2023 Results on Aug 05, 2022 Qol Holdings Co., Ltd. announced that they will report Q1, 2023 results on Aug 05, 2022 Valuation Update With 7 Day Price Move • May 20
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥1,202, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 13x in the Consumer Retailing industry in Japan. Total loss to shareholders of 16% over the past three years. Reported Earnings • May 16
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: JP¥149 (up from JP¥89.53 in FY 2021). Revenue: JP¥166.2b (up 2.7% from FY 2021). Net income: JP¥5.49b (up 63% from FY 2021). Profit margin: 3.3% (up from 2.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.9%. Over the next year, revenue is forecast to grow 6.1%, compared to a 21% growth forecast for the retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • May 14
Qol Holdings Co., Ltd., Annual General Meeting, Jun 29, 2022 Qol Holdings Co., Ltd., Annual General Meeting, Jun 29, 2022. Price Target Changed • Apr 27
Price target decreased to JP¥2,050 Down from JP¥2,250, the current price target is an average from 2 analysts. New target price is 91% above last closing price of JP¥1,071. Stock is down 23% over the past year. The company is forecast to post earnings per share of JP¥145 for next year compared to JP¥89.53 last year. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 9 non-independent directors. Independent External Director Katsuo Amioka was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 09
Qol Holdings Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 Qol Holdings Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 14 June 2022. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 07
Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint Third quarter 2022 results: EPS: JP¥46.27 (up from JP¥41.78 in 3Q 2021). Revenue: JP¥42.7b (up 2.4% from 3Q 2021). Net income: JP¥1.70b (up 8.0% from 3Q 2021). Profit margin: 4.0% (up from 3.8% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 7.9%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 9.0%, compared to a 14% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Nov 07
Second quarter 2022 earnings released: EPS JP¥38.75 (vs JP¥10.82 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥41.5b (up 3.9% from 2Q 2021). Net income: JP¥1.42b (up 249% from 2Q 2021). Profit margin: 3.4% (up from 1.0% in 2Q 2021). The increase in margin was driven by higher revenue. 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 7% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥1,659, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 16x in the Consumer Retailing industry in Japan. Total loss to shareholders of 29% over the past three years. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.4%). Reported Earnings • Aug 09
First quarter 2022 earnings released: EPS JP¥28.20 (vs JP¥5.92 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥40.4b (up 3.0% from 1Q 2021). Net income: JP¥1.03b (up 363% from 1Q 2021). Profit margin: 2.6% (up from 0.6% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 9% per year and the company’s share price has also fallen by 9% per year. Announcement • Jul 20
Qol Holdings Co., Ltd. (TSE:3034) acquired KI Chozai Yakkyoku Ltd. Qol Holdings Co., Ltd. (TSE:3034) acquired KI Chozai Yakkyoku Ltd. on July 15, 2021.
Qol Holdings Co., Ltd. (TSE:3034) completed the acquisition of KI Chozai Yakkyoku Ltd. on July 15, 2021. Reported Earnings • May 18
Full year 2021 earnings released: EPS JP¥89.53 (vs JP¥107 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥161.8b (down 2.2% from FY 2020). Net income: JP¥3.37b (down 17% from FY 2020). Profit margin: 2.1% (down from 2.5% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 13% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 09 June 2021. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.4%). Is New 90 Day High Low • Mar 05
New 90-day high: JP¥1,499 The company is up 40% from its price of JP¥1,071 on 04 December 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥3,596 per share.