Announcement • Jun 03
G-7 Holdings Inc. to Report Q1, 2027 Results on Jul 31, 2026 G-7 Holdings Inc. announced that they will report Q1, 2027 results on Jul 31, 2026 New Risk • May 31
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 117% Dividend yield: 5.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Reported Earnings • May 15
Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2026 results: EPS: JP¥109 (down from JP¥113 in FY 2025). Revenue: JP¥232.2b (up 8.4% from FY 2025). Net income: JP¥4.77b (down 3.5% from FY 2025). Profit margin: 2.1% (down from 2.3% in FY 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • May 13
G-7 Holdings Inc., Annual General Meeting, Jun 26, 2026 G-7 Holdings Inc., Annual General Meeting, Jun 26, 2026. Announcement • May 10
G-7 Holdings Inc. to Report Fiscal Year 2026 Results on May 13, 2026 G-7 Holdings Inc. announced that they will report fiscal year 2026 results on May 13, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 11 June 2026. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Reported Earnings • Jan 31
Third quarter 2026 earnings released: EPS: JP¥44.83 (vs JP¥42.20 in 3Q 2025) Third quarter 2026 results: EPS: JP¥44.83 (up from JP¥42.20 in 3Q 2025). Revenue: JP¥63.3b (up 7.6% from 3Q 2025). Net income: JP¥1.96b (up 6.3% from 3Q 2025). Profit margin: 3.1% (in line with 3Q 2025). Revenue is forecast to grow 2.9% 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 10% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Dec 04
G-7 Holdings Inc. to Report Q3, 2026 Results on Jan 30, 2026 G-7 Holdings Inc. announced that they will report Q3, 2026 results on Jan 30, 2026 Declared Dividend • Dec 02
First half dividend of JP¥50.00 announced Shareholders will receive a dividend of JP¥50.00. Ex-date: 30th March 2026 Payment date: 11th June 2026 Dividend yield will be 5.0%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (34% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 31
Second quarter 2026 earnings released: EPS: JP¥23.95 (vs JP¥24.26 in 2Q 2025) Second quarter 2026 results: EPS: JP¥23.95 (down from JP¥24.26 in 2Q 2025). Revenue: JP¥55.0b (up 5.1% from 2Q 2025). Net income: JP¥1.05b (down 1.5% from 2Q 2025). Profit margin: 1.9% (down from 2.0% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.1% 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 7% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Sep 27
G-7 Holdings Inc. to Report Q2, 2026 Results on Oct 30, 2025 G-7 Holdings Inc. announced that they will report Q2, 2026 results on Oct 30, 2025 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Announcement • Aug 28
G-7 Holdings Inc. (TSE:7508) concluded share purchase agreement to acquire Meat Planning Co., Ltd. for ¥3.15 billion. G-7 Holdings Inc. (TSE:7508) concluded share purchase agreement to acquire Meat Planning Co., Ltd. for ¥3.15 billion on August 27, 2025.
For the period ending September 30, 2024, Meat Planning Co., Ltd. reported total revenue of ¥5.56 billion and EBIT of ¥441 million. As of September 30, 2024, Meat Planning Co., Ltd. reported total assets of ¥2.37 billion and total common equity of ¥1.12 billion.
The transaction is subject to and approved by G-7 Holdings Inc board. The expected completion of the transaction is October 1, 2025. Reported Earnings • Aug 02
First quarter 2026 earnings released: EPS: JP¥27.25 (vs JP¥22.17 in 1Q 2025) First quarter 2026 results: EPS: JP¥27.25 (up from JP¥22.17 in 1Q 2025). Revenue: JP¥55.7b (up 14% from 1Q 2025). Net income: JP¥1.19b (up 22% from 1Q 2025). Profit margin: 2.1% (up from 2.0% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.4% 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 4% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Declared Dividend • Jul 09
Final dividend of JP¥20.00 announced Dividend of JP¥20.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 3.0%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 10
G-7 Holdings Inc. to Report Q1, 2026 Results on Jul 31, 2025 G-7 Holdings Inc. announced that they will report Q1, 2026 results on Jul 31, 2025 Price Target Changed • May 30
Price target decreased by 13% to JP¥2,000 Down from JP¥2,300, the current price target is provided by 1 analyst. New target price is 49% above last closing price of JP¥1,341. Stock is down 15% over the past year. The company is forecast to post earnings per share of JP¥123 for next year compared to JP¥113 last year. Reported Earnings • May 17
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: JP¥113 (down from JP¥117 in FY 2024). Revenue: JP¥214.1b (up 11% from FY 2024). Net income: JP¥4.94b (down 4.6% from FY 2024). Profit margin: 2.3% (down from 2.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.6%. Earnings per share (EPS) missed analyst estimates by 8.1%. Revenue is forecast to grow 3.9% 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 remained flat whereas the company’s share price has fallen by 2% per year. Announcement • May 13
G-7 Holdings Inc., Annual General Meeting, Jun 27, 2025 G-7 Holdings Inc., Annual General Meeting, Jun 27, 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¥1,398, 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 loss to shareholders of 6.7% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 11 June 2025. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). Announcement • Mar 19
G-7 Holdings Inc. to Report Fiscal Year 2025 Results on May 13, 2025 G-7 Holdings Inc. announced that they will report fiscal year 2025 results at 3:00 PM, Tokyo Standard Time on May 13, 2025 Reported Earnings • Feb 01
Third quarter 2025 earnings released: EPS: JP¥42.20 (vs JP¥43.57 in 3Q 2024) Third quarter 2025 results: EPS: JP¥42.20 (down from JP¥43.57 in 3Q 2024). Revenue: JP¥58.8b (up 12% from 3Q 2024). Net income: JP¥1.84b (down 4.0% from 3Q 2024). Profit margin: 3.1% (down from 3.7% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year. Announcement • Jan 03
G-7 Holdings Inc. to Report Q3, 2025 Results on Jan 31, 2025 G-7 Holdings Inc. announced that they will report Q3, 2025 results on Jan 31, 2025 Declared Dividend • Dec 03
First half dividend of JP¥20.00 announced Dividend of JP¥20.00 is the same as last year. Ex-date: 28th March 2025 Payment date: 11th June 2025 Dividend yield will be 2.7%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (35% earnings payout ratio) and cash flows (61% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Nov 27
G-7 Holdings Inc. (TSE:7508) signed a letter of intent to acquire Neel Co., Ltd. from Hiroaki Tamae. G-7 Holdings Inc. (TSE:7508) signed a letter of intent to acquire Neel Co., Ltd. from Hiroaki Tamae on November 25, 2024.
For the period ending December 31, 2023, Neel Co., Ltd. reported total revenue of ¥2.55 billion.
The expected completion of the transaction is January 1, 2025. Reported Earnings • Nov 01
Second quarter 2025 earnings released: EPS: JP¥24.26 (vs JP¥23.24 in 2Q 2024) Second quarter 2025 results: EPS: JP¥24.26 (up from JP¥23.24 in 2Q 2024). Revenue: JP¥52.3b (up 11% from 2Q 2024). Net income: JP¥1.06b (up 3.8% from 2Q 2024). Profit margin: 2.0% (down from 2.2% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% 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 3% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%). Announcement • Aug 29
G-7 Holdings Inc. to Report Q2, 2025 Results on Oct 30, 2024 G-7 Holdings Inc. announced that they will report Q2, 2025 results on Oct 30, 2024 New Risk • Aug 05
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 5.8% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.8% average weekly change). Reported Earnings • Aug 03
First quarter 2025 earnings released: EPS: JP¥22.17 (vs JP¥27.89 in 1Q 2024) First quarter 2025 results: EPS: JP¥22.17 (down from JP¥27.89 in 1Q 2024). Revenue: JP¥48.7b (up 6.1% from 1Q 2024). Net income: JP¥977.0m (down 21% from 1Q 2024). Profit margin: 2.0% (down from 2.7% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.3% 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 whereas the company’s share price has fallen by 1% per year. Announcement • Jul 31
G-7 Holdings Inc. (TSE:7508) announces an Equity Buyback for 400,000 shares, representing 0.91% for ¥679.2 million. G-7 Holdings Inc. (TSE:7508) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 0.91% of its issued share capital (excluding treasury stock), for a total purchase price of ¥679.2 million. The shares will be repurchased at a price of ¥1,698 per share. The purpose of the program is to implement flexible capital policies in response to changes in the business environment. As of March 31, 2024, the company had 44,063,708 issued shares (excluding treasury stock) and 46 treasury shares. Declared Dividend • Jul 11
Final dividend of JP¥20.00 announced Shareholders will receive a dividend of JP¥20.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 2.5%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (42% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 15
G-7 Holdings Inc. to Report Q1, 2025 Results on Jul 31, 2024 G-7 Holdings Inc. announced that they will report Q1, 2025 results on Jul 31, 2024 Major Estimate Revision • May 31
Consensus EPS estimates increase by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥193.4b to JP¥202.8b. EPS estimate increased from JP¥110 to JP¥123 per share. Net income forecast to grow 4.3% next year vs 5.5% growth forecast for Consumer Retailing industry in Japan. Consensus price target up from JP¥1,900 to JP¥2,300. Share price rose 3.0% to JP¥1,586 over the past week. Reported Earnings • May 16
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: JP¥117 (up from JP¥86.79 in FY 2023). Revenue: JP¥193.0b (up 9.1% from FY 2023). Net income: JP¥5.18b (up 35% from FY 2023). Profit margin: 2.7% (up from 2.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 2.8% 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 fallen by 5% per year whereas the company’s share price has fallen by 2% per year. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 13 June 2024. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.5%). Announcement • Mar 06
G-7 Holdings Inc. to Report Fiscal Year 2024 Results on May 13, 2024 G-7 Holdings Inc. announced that they will report fiscal year 2024 results on May 13, 2024 Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥43.57 (vs JP¥37.97 in 3Q 2023) Third quarter 2024 results: EPS: JP¥43.57 (up from JP¥37.97 in 3Q 2023). Revenue: JP¥52.6b (up 9.1% from 3Q 2023). Net income: JP¥1.92b (up 15% from 3Q 2023). Profit margin: 3.7% (up from 3.5% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.2% 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 fallen by 6% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Dec 06
G-7 Holdings Inc. to Report Q3, 2024 Results on Jan 31, 2024 G-7 Holdings Inc. announced that they will report Q3, 2024 results on Jan 31, 2024 Announcement • Nov 07
G-7 Holdings Inc. Announces Dividend for the End of Second Quarter Ended September 30, 2023, Payable on December 1, 2023; Provides Dividend Guidance for the Year Ending March 31, 2024 G-7 Holdings Inc. announced dividend for the end of second quarter ended September 30, 2023 of JPY 20.00 per share compared to JPY 19.00 per share a year ago. Scheduled date to commence dividend payments: December 1, 2023.The company provided dividend guidance for the year ending March 31, 2024. For the year, the company expects to pay dividend of JPY 20.00 per share compared to JPY 19.00 per share a year ago. Reported Earnings • Nov 01
Second quarter 2024 earnings released: EPS: JP¥23.24 (vs JP¥24.92 in 2Q 2023) Second quarter 2024 results: EPS: JP¥23.24 (down from JP¥24.92 in 2Q 2023). Revenue: JP¥47.2b (up 10% from 2Q 2023). Net income: JP¥1.02b (down 6.7% from 2Q 2023). Profit margin: 2.2% (down from 2.6% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.1% 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 fallen by 2% per year whereas the company’s share price has remained flat. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥20.00 per share at 3.1% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 42% but the company is paying out more than the cash it is generating. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.6%). Announcement • Sep 09
G-7 Holdings Inc. to Report Q2, 2024 Results on Oct 30, 2023 G-7 Holdings Inc. announced that they will report Q2, 2024 results on Oct 30, 2023 Reported Earnings • Aug 01
First quarter 2024 earnings released: EPS: JP¥27.89 (vs JP¥24.96 in 1Q 2023) First quarter 2024 results: EPS: JP¥27.89 (up from JP¥24.96 in 1Q 2023). Revenue: JP¥45.8b (up 7.3% from 1Q 2023). Net income: JP¥1.23b (up 12% from 1Q 2023). Profit margin: 2.7% (up from 2.6% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.2% 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 3% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Major Estimate Revision • Jun 14
Consensus EPS estimates fall by 23% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from JP¥135 to JP¥104. Revenue forecast unchanged from JP¥185.8b at last update. Net income forecast to grow 20% next year vs 4.5% growth forecast for Consumer Retailing industry in Japan. Consensus price target down from JP¥2,300 to JP¥1,900. Share price was steady at JP¥1,294 over the past week. Announcement • Jun 10
G-7 Holdings Inc. to Report Q1, 2024 Results on Jul 31, 2023 G-7 Holdings Inc. announced that they will report Q1, 2024 results on Jul 31, 2023 Reported Earnings • May 14
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: JP¥86.78 (down from JP¥119 in FY 2022). Revenue: JP¥176.9b (up 5.0% from FY 2022). Net income: JP¥3.82b (down 27% from FY 2022). Profit margin: 2.2% (down from 3.1% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 27%. Revenue is forecast to grow 5.0% 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 9% per year whereas the company’s share price has increased by 10% per year. Announcement • May 14
G-7 Holdings Inc., Annual General Meeting, Jun 29, 2023 G-7 Holdings Inc., Annual General Meeting, Jun 29, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥19.00 per share at 2.7% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 13 June 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Announcement • Feb 08
G-7 Holdings Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023 G-7 Holdings Inc. provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expects net sales of JPY 180,000 million, operating profit of JPY 7,700 million, profit attributable to owners of parent of JPY 5,400 million and earnings per share of JPY 122.55. Reported Earnings • Feb 01
Third quarter 2023 earnings released: EPS: JP¥37.97 (vs JP¥51.06 in 3Q 2022) Third quarter 2023 results: EPS: JP¥37.97 (down from JP¥51.06 in 3Q 2022). Revenue: JP¥48.2b (up 5.6% from 3Q 2022). Net income: JP¥1.67b (down 26% from 3Q 2022). Profit margin: 3.5% (down from 4.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.1% 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 14% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Dec 07
G-7 Holdings Inc. to Report Q3, 2023 Results on Jan 31, 2023 G-7 Holdings Inc. announced that they will report Q3, 2023 results on Jan 31, 2023 Price Target Changed • Nov 16
Price target decreased to JP¥2,300 Down from JP¥2,700, the current price target is provided by 1 analyst. New target price is 49% above last closing price of JP¥1,540. Stock is down 12% over the past year. The company is forecast to post earnings per share of JP¥122 for next year compared to JP¥119 last year. 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 an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Outside Director Yugou Ito was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Nov 08
G-7 Holdings Inc. Announces Second Quarter-End Dividend for the Six Months Ended September 30, 2022, Payable on December 1, 2022 G-7 Holdings Inc. announced second quarter-end dividend of JPY 19.00 per share for the six months ended September 30, 2022 against JPY 35.00 per share paid for the same period a year ago. Scheduled date to commence dividend payments is December 1, 2022. Reported Earnings • Oct 30
Second quarter 2023 earnings released: EPS: JP¥24.92 (vs JP¥29.05 in 2Q 2022) Second quarter 2023 results: EPS: JP¥24.92 (down from JP¥29.05 in 2Q 2022). Revenue: JP¥42.9b (up 5.0% from 2Q 2022). Net income: JP¥1.10b (down 14% from 2Q 2022). Profit margin: 2.6% (down from 3.1% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.8% 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 17% per year whereas the company’s share price has increased by 18% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥19.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%). Announcement • Sep 02
G-7 Holdings Inc. to Report Q2, 2023 Results on Oct 28, 2022 G-7 Holdings Inc. announced that they will report Q2, 2023 results on Oct 28, 2022 Reported Earnings • Jul 31
First quarter 2023 earnings released: EPS: JP¥24.96 (vs JP¥26.44 in 1Q 2022) First quarter 2023 results: EPS: JP¥24.96 (down from JP¥26.44 in 1Q 2022). Revenue: JP¥42.7b (up 4.0% from 1Q 2022). Net income: JP¥1.10b (down 5.6% from 1Q 2022). Profit margin: 2.6% (down from 2.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 5.6%, compared to a 11% growth forecast for the industry in Japan. 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 24% per year. Announcement • Jun 04
G-7 Holdings Inc. to Report Q1, 2023 Results on Jul 29, 2022 G-7 Holdings Inc. announced that they will report Q1, 2023 results on Jul 29, 2022 Reported Earnings • May 17
Full year 2022 earnings: Revenues and EPS in line with analyst expectations Full year 2022 results: EPS: JP¥119 (up from JP¥106 in FY 2021). Revenue: JP¥168.5b (up 3.0% from FY 2021). Net income: JP¥5.26b (up 8.2% from FY 2021). Profit margin: 3.1% (up from 3.0% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 6.7%, compared to a 20% growth forecast for the retail 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 increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 15
G-7 Holdings Inc., Annual General Meeting, Jun 29, 2022 G-7 Holdings Inc., Annual General Meeting, Jun 29, 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 an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 8 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Outside Director Yugou Ito was the last independent director to join the board, commencing their role in 2020. 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 08
G-7 Holdings Inc. to Report Fiscal Year 2022 Results on May 13, 2022 G-7 Holdings Inc. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥17.50 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 14 June 2022. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 02
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: EPS: JP¥51.06 (up from JP¥41.10 in 3Q 2021). Revenue: JP¥45.6b (up 3.8% from 3Q 2021). Net income: JP¥2.25b (up 24% from 3Q 2021). Profit margin: 4.9% (up from 4.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.0%. Over the next year, revenue is forecast to grow 6.9%, compared to a 15% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Oct 31
Second quarter 2022 earnings released: EPS JP¥945,347 (vs JP¥26.93 in 2Q 2021) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2022 results: Revenue: JP¥40.9b (up 2.6% from 2Q 2021). Net income: JP¥1.28b (up 1.2% from 2Q 2021). Profit margin: 3.1% (down from 3.2% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.4%). Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment improved over the past week After last week's 18% share price gain to JP¥3,440, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 15x in the Consumer Retailing industry in Japan. Total returns to shareholders of 173% over the past three years. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment deteriorated over the past week After last week's 18% share price decline to JP¥3,005, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 15x in the Consumer Retailing industry in Japan. Total returns to shareholders of 144% over the past three years. Reported Earnings • Aug 02
First quarter 2022 earnings released: EPS JP¥52.88 (vs JP¥51.48 in 1Q 2021) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: JP¥41.1b (up 2.6% from 1Q 2021). Net income: JP¥1.17b (down 6.6% from 1Q 2021). Profit margin: 2.8% (down from 3.1% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 19
Full year 2021 earnings released: EPS JP¥212 (vs JP¥145 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥163.6b (up 23% from FY 2020). Net income: JP¥4.86b (up 38% from FY 2020). Profit margin: 3.0% (up from 2.7% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 11 June 2021. Trailing yield: 1.9%. 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 09
New 90-day high: JP¥2,560 The company is up 10.0% from its price of JP¥2,323 on 09 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 4.0% over the same period. Announcement • Mar 05
G-7 Holdings Inc. to Report Fiscal Year 2021 Results on May 14, 2021 G-7 Holdings Inc. announced that they will report fiscal year 2021 results on May 14, 2021 Reported Earnings • Feb 03
Third quarter 2021 earnings released: EPS JP¥82.20 (vs JP¥47.56 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥43.9b (up 27% from 3Q 2020). Net income: JP¥1.81b (up 57% from 3Q 2020). Profit margin: 4.1% (up from 3.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Jan 25
New 90-day high: JP¥2,533 The company is up 5.0% from its price of JP¥2,423 on 27 October 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is up 7.0% over the same period. 
