Announcement • May 30
Premium Water Holdings,Inc. to Report Q1, 2027 Results on Aug 13, 2026 Premium Water Holdings,Inc. announced that they will report Q1, 2027 results on Aug 13, 2026 Reported Earnings • May 13
Full year 2026 earnings released: EPS: JP¥283 (vs JP¥189 in FY 2025) Full year 2026 results: EPS: JP¥283 (up from JP¥189 in FY 2025). Revenue: JP¥80.3b (up 4.5% from FY 2025). Net income: JP¥8.45b (up 50% from FY 2025). Profit margin: 11% (up from 7.3% in FY 2025). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 13
Premium Water Holdings,Inc. (TSE:2588) announces an Equity Buyback for 125,000 shares, representing 0.41% for ¥500 million. Premium Water Holdings,Inc. (TSE:2588) announces a share repurchase program. Under the program, the company will repurchase up to 125,000 shares, representing 0.41% of its issued share capital (excluding treasury stock), for ¥500 million. The program is aimed at enhancing shareholder returns and executing flexible capital policies in response to changes in the business environment. The program will run until December 30, 2026. As of March 31, 2026, the company had 30,542,435 shares in issue (excluding treasury stock) and 30,542,435 shares in treasury. Announcement • May 12
Premium Water Holdings,Inc., Annual General Meeting, Jun 24, 2026 Premium Water Holdings,Inc., Annual General Meeting, Jun 24, 2026. Announcement • May 09
Premium Water Holdings,Inc. to Report Fiscal Year 2026 Results on May 12, 2026 Premium Water Holdings,Inc. announced that they will report fiscal year 2026 results on May 12, 2026 New Risk • Apr 02
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Minor Risk High level of debt (141% net debt to equity). Upcoming Dividend • Mar 23
Upcoming dividend of JP¥55.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 17 June 2026. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.8%). New Risk • Mar 09
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Minor Risk High level of debt (141% net debt to equity). Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥4,330, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 18x in the Beverage industry in Japan. Total returns to shareholders of 90% over the past three years. Reported Earnings • Feb 11
Third quarter 2026 earnings released: EPS: JP¥77.79 (vs JP¥59.61 in 3Q 2025) Third quarter 2026 results: EPS: JP¥77.79 (up from JP¥59.61 in 3Q 2025). Revenue: JP¥20.2b (up 5.5% from 3Q 2025). Net income: JP¥2.31b (up 30% from 3Q 2025). Profit margin: 11% (up from 9.2% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 11% per year. Declared Dividend • Dec 17
First half dividend of JP¥55.00 announced Shareholders will receive a dividend of JP¥55.00. Ex-date: 30th March 2026 Payment date: 17th June 2026 Dividend yield will be 3.5%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 82% per year over the past 4 years and payments have been stable during that time. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Nov 29
Premium Water Holdings,Inc. to Report Q3, 2026 Results on Feb 10, 2026 Premium Water Holdings,Inc. announced that they will report Q3, 2026 results on Feb 10, 2026 Reported Earnings • Nov 12
Second quarter 2026 earnings released: EPS: JP¥69.06 (vs JP¥56.98 in 2Q 2025) Second quarter 2026 results: EPS: JP¥69.06 (up from JP¥56.98 in 2Q 2025). Revenue: JP¥20.7b (up 3.1% from 2Q 2025). Net income: JP¥2.05b (up 21% from 2Q 2025). Profit margin: 9.9% (up from 8.4% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 12% per year. Announcement • Sep 27
Premium Water Holdings,Inc. to Report Q2, 2026 Results on Nov 10, 2025 Premium Water Holdings,Inc. announced that they will report Q2, 2026 results on Nov 10, 2025 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥55.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 12 December 2025. Payout ratio is a comfortable 49% 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 (2.6%). Reported Earnings • Aug 13
First quarter 2026 earnings released: EPS: JP¥63.46 (vs JP¥48.07 in 1Q 2025) First quarter 2026 results: EPS: JP¥63.46 (up from JP¥48.07 in 1Q 2025). Revenue: JP¥19.6b (up 4.3% from 1Q 2025). Net income: JP¥1.89b (up 32% from 1Q 2025). Profit margin: 9.6% (up from 7.6% in 1Q 2025). The increase in margin was driven by higher revenue. 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 8% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jul 09
Final dividend of JP¥55.00 announced Shareholders will receive a dividend of JP¥55.00. Ex-date: 29th September 2025 Payment date: 12th December 2025 Dividend yield will be 3.5%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 122% per year over the past 3 years and payments have been stable during that time. Earnings per share has grown by 23% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jun 27
Premium Water Holdings,Inc. to Report Q1, 2026 Results on Aug 12, 2025 Premium Water Holdings,Inc. announced that they will report Q1, 2026 results on Aug 12, 2025 Announcement • May 20
Premium Water Holdings,Inc. (TSE:2588) announces an Equity Buyback for 166,700 shares, representing 0.56% for ¥500 million. Premium Water Holdings,Inc. (TSE:2588) announces a share repurchase program. Under the program, the company will repurchase up to 166,700 shares, representing 0.56% of its issued share capital (excluding treasury stock), for ¥500 million. The program is aimed at enhancing shareholder returns and executing flexible capital policies in response to changes in the business environment. The program will run until December 30, 2025. As of March 31, 2025, the company had 29,688,805 shares in issue (excluding treasury stock) and 166,814 shares in treasury. Reported Earnings • May 15
Full year 2025 earnings released: EPS: JP¥189 (vs JP¥195 in FY 2024) Full year 2025 results: EPS: JP¥189 (down from JP¥195 in FY 2024). Revenue: JP¥76.9b (down 4.6% from FY 2024). Net income: JP¥5.63b (down 2.5% from FY 2024). Profit margin: 7.3% (up from 7.2% in FY 2024). The increase in margin was driven by lower expenses. 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 6% per year, which means it is significantly lagging earnings growth. Announcement • May 13
Premium Water Holdings,Inc., Annual General Meeting, Jun 25, 2025 Premium Water Holdings,Inc., Annual General Meeting, Jun 25, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 20 June 2025. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.6%). Announcement • Mar 01
Premium Water Holdings,Inc. to Report Fiscal Year 2025 Results on May 13, 2025 Premium Water Holdings,Inc. announced that they will report fiscal year 2025 results on May 13, 2025 Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: JP¥59.61 (vs JP¥57.71 in 3Q 2024) Third quarter 2025 results: EPS: JP¥59.61 (up from JP¥57.71 in 3Q 2024). Revenue: JP¥19.2b (down 6.5% from 3Q 2024). Net income: JP¥1.77b (up 3.6% from 3Q 2024). Profit margin: 9.2% (up from 8.3% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Dec 13
Premium Water Holdings,Inc. to Report Q3, 2025 Results on Feb 10, 2025 Premium Water Holdings,Inc. announced that they will report Q3, 2025 results on Feb 10, 2025 Declared Dividend • Dec 13
First half dividend of JP¥50.00 announced Shareholders will receive a dividend of JP¥50.00. Ex-date: 28th March 2025 Payment date: 20th June 2025 Dividend yield will be 3.1%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 115% per year over the past 3 years and payments have been stable during that time. Earnings per share has grown by 51% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 11
Second quarter 2025 earnings released: EPS: JP¥56.98 (vs JP¥45.73 in 2Q 2024) Second quarter 2025 results: EPS: JP¥56.98 (up from JP¥45.73 in 2Q 2024). Revenue: JP¥20.1b (down 6.2% from 2Q 2024). Net income: JP¥1.70b (up 25% from 2Q 2024). Profit margin: 8.4% (up from 6.3% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Sep 27
Premium Water Holdings,Inc. to Report Q2, 2025 Results on Nov 07, 2024 Premium Water Holdings,Inc. announced that they will report Q2, 2025 results on Nov 07, 2024 Buy Or Sell Opportunity • Aug 07
Now 24% overvalued Over the last 90 days, the stock has fallen 10.0% to JP¥2,790. The fair value is estimated to be JP¥2,259, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 23%. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥2,353, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 18x in the Beverage industry in Japan. Total loss to shareholders of 22% over the past three years. Declared Dividend • Jul 11
Final dividend of JP¥45.00 announced Shareholders will receive a dividend of JP¥45.00. Ex-date: 27th September 2024 Payment date: 20th December 2024 Dividend yield will be 3.0%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 200% per year over the past 2 years and payments have been stable during that time. Earnings per share has grown by 62% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 25
Full year 2024 earnings released: EPS: JP¥195 (vs JP¥204 in FY 2023) Full year 2024 results: EPS: JP¥195 (down from JP¥204 in FY 2023). Revenue: JP¥80.6b (up 5.4% from FY 2023). Net income: JP¥5.78b (down 3.7% from FY 2023). Profit margin: 7.2% (down from 7.8% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Jun 06
Premium Water Holdings,Inc. to Report Q1, 2025 Results on Aug 08, 2024 Premium Water Holdings,Inc. announced that they will report Q1, 2025 results on Aug 08, 2024 Reported Earnings • May 11
Full year 2024 earnings released: EPS: JP¥195 (vs JP¥204 in FY 2023) Full year 2024 results: EPS: JP¥195 (down from JP¥204 in FY 2023). Revenue: JP¥80.6b (up 5.4% from FY 2023). Net income: JP¥5.78b (down 3.7% from FY 2023). Profit margin: 7.2% (down from 7.8% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • May 11
Premium Water Holdings,Inc., Annual General Meeting, Jun 19, 2024 Premium Water Holdings,Inc., Annual General Meeting, Jun 19, 2024. Announcement • Mar 30
Premium Water Holdings,Inc. to Report Fiscal Year 2024 Results on May 09, 2024 Premium Water Holdings,Inc. announced that they will report fiscal year 2024 results on May 09, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 06 June 2024. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (2.4%). Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: JP¥57.71 (vs JP¥46.56 in 3Q 2023) Third quarter 2024 results: EPS: JP¥57.71 (up from JP¥46.56 in 3Q 2023). Revenue: JP¥20.5b (up 6.0% from 3Q 2023). Net income: JP¥1.71b (up 25% from 3Q 2023). Profit margin: 8.3% (up from 7.1% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. New Risk • Jan 17
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 5.6% 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 High level of debt (117% net debt to equity). 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 (5.6% average weekly change). Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥3,450, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 23x in the Beverage industry in Japan. Total loss to shareholders of 4.0% over the past three years. Announcement • Nov 29
Premium Water Holdings,Inc. to Report Q3, 2024 Results on Feb 08, 2024 Premium Water Holdings,Inc. announced that they will report Q3, 2024 results on Feb 08, 2024 Reported Earnings • Nov 10
Second quarter 2024 earnings released: EPS: JP¥46.20 (vs JP¥39.00 in 2Q 2023) Second quarter 2024 results: EPS: JP¥46.20 (up from JP¥39.00 in 2Q 2023). Revenue: JP¥21.4b (up 9.0% from 2Q 2023). Net income: JP¥1.37b (up 20% from 2Q 2023). Profit margin: 6.4% (up from 5.8% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥35.00 per share at 2.5% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 08 December 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.1%). Announcement • Sep 01
Premium Water Holdings,Inc. to Report Q2, 2024 Results on Nov 09, 2023 Premium Water Holdings,Inc. announced that they will report Q2, 2024 results on Nov 09, 2023 New Risk • Aug 14
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 113% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (113% net debt to equity). Short dividend paying track record (1 year of continuous dividend payments). Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: JP¥23.56 (vs JP¥33.00 in 1Q 2023) First quarter 2024 results: EPS: JP¥23.56 (down from JP¥33.00 in 1Q 2023). Revenue: JP¥20.1b (up 8.4% from 1Q 2023). Net income: JP¥696.0m (down 28% from 1Q 2023). Profit margin: 3.5% (down from 5.2% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Aug 12
Premium Water Holdings,Inc. Provides Earnings Guidance for the Year 2024 Premium Water Holdings,Inc. provided earnings guidance for the year 2024. For the year, the company expects Sales to be JPY 82,000, Operating profit to be JPY 8,200 million. Profit attributable to owners of parent to be JPY 4,800 million. Basic earnings per share to be JPY 160.21. Announcement • May 31
Premium Water Holdings,Inc. to Report Q1, 2024 Results on Aug 10, 2023 Premium Water Holdings,Inc. announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 13
Full year 2023 earnings released: EPS: JP¥206 (vs JP¥120 in FY 2022) Full year 2023 results: EPS: JP¥206 (up from JP¥120 in FY 2022). Revenue: JP¥76.5b (up 12% from FY 2022). Net income: JP¥6.06b (up 74% from FY 2022). Profit margin: 7.9% (up from 5.1% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • May 13
Premium Water Holdings,Inc., Annual General Meeting, Jun 21, 2023 Premium Water Holdings,Inc., Annual General Meeting, Jun 21, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥49.00 per share at 0.9% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 07 June 2023. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.4%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥48.02 (vs JP¥36.99 in 3Q 2022) Third quarter 2023 results: EPS: JP¥48.02 (up from JP¥36.99 in 3Q 2022). Revenue: JP¥19.3b (up 8.8% from 3Q 2022). Net income: JP¥1.41b (up 31% from 3Q 2022). Profit margin: 7.3% (up from 6.0% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Dec 28
Premium Water Holdings,Inc. to Report Q3, 2023 Results on Feb 09, 2023 Premium Water Holdings,Inc. announced that they will report Q3, 2023 results on Feb 09, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥39.48 (vs JP¥27.53 in 2Q 2022) Second quarter 2023 results: EPS: JP¥39.48 (up from JP¥27.53 in 2Q 2022). Revenue: JP¥19.7b (up 15% from 2Q 2022). Net income: JP¥1.16b (up 45% from 2Q 2022). Profit margin: 5.9% (up from 4.7% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 12
Second quarter 2023 earnings released: EPS: JP¥39.92 (vs JP¥27.53 in 2Q 2022) Second quarter 2023 results: EPS: JP¥39.92 (up from JP¥27.53 in 2Q 2022). Revenue: JP¥19.7b (up 15% from 2Q 2022). Net income: JP¥1.17b (up 46% from 2Q 2022). Profit margin: 5.9% (up from 4.7% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Aug 28
Premium Water Holdings,Inc. to Report Q2, 2023 Results on Nov 10, 2022 Premium Water Holdings,Inc. announced that they will report Q2, 2023 results on Nov 10, 2022 Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: JP¥33.44 (vs JP¥27.22 in 1Q 2022) First quarter 2023 results: EPS: JP¥33.44 (up from JP¥27.22 in 1Q 2022). Revenue: JP¥18.5b (up 17% from 1Q 2022). Net income: JP¥980.0m (up 24% from 1Q 2022). Profit margin: 5.3% (up from 5.0% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥2,732, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 11x in the Retail Distributors industry in Japan. Total returns to shareholders of 74% over the past three years. Announcement • May 29
Premium Water Holdings,Inc. to Report Q1, 2023 Results on Aug 10, 2022 Premium Water Holdings,Inc. announced that they will report Q1, 2023 results on Aug 10, 2022 Reported Earnings • May 16
Full year 2022 earnings released: EPS: JP¥122 (vs JP¥112 in FY 2021) Full year 2022 results: EPS: JP¥122 (up from JP¥112 in FY 2021). Revenue: JP¥68.5b (up 22% from FY 2021). Net income: JP¥3.54b (up 13% from FY 2021). Profit margin: 5.2% (down from 5.6% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • May 14
Premium Water Holdings,Inc., Annual General Meeting, Jun 22, 2022 Premium Water Holdings,Inc., Annual General Meeting, Jun 22, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 11 non-independent directors. Independent Outside Director Natsuko Kawahara was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 07
Premium Water Holdings,Inc. to Report Fiscal Year 2022 Results on May 12, 2022 Premium Water Holdings,Inc. announced that they will report fiscal year 2022 results on May 12, 2022 Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥2,724, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 11x in the Retail Distributors industry in Japan. Total returns to shareholders of 58% over the past three years. Announcement • Mar 30
Premium Water Holdings,Inc. (TSE:2588) announces an Equity Buyback for 40,000 shares, representing 0.14% for ¥94.88 million. Premium Water Holdings,Inc. (TSE:2588) announces a share repurchase program. Under the program, the company will repurchase up to 40,000 shares, representing 0.14% of its issued share capital (excluding treasury stock), for ¥94.88 million. The shares will be repurchased at a price of ¥2,372 per share. The purpose of the program is to carry out agile capital policies and return profits to shareholders in response to future changes in the business environment. The program will run until March 29, 2022. As of February 28, 2022, the company had 29,137,901 shares in issue (excluding treasury stock) and 501 shares in treasury. Reported Earnings • Feb 04
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥38.43 (up from JP¥24.59 in 3Q 2021). Revenue: JP¥17.8b (up 23% from 3Q 2021). Net income: JP¥1.12b (up 63% from 3Q 2021). Profit margin: 6.3% (up from 4.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 05
Second quarter 2022 earnings released: EPS JP¥28.49 (vs JP¥20.48 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥17.1b (up 21% from 2Q 2021). Net income: JP¥828.0m (up 46% from 2Q 2021). Profit margin: 4.8% (up from 4.0% 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 76% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 11
First quarter 2022 earnings released: EPS JP¥27.67 (vs JP¥18.78 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥15.8b (up 21% from 1Q 2021). Net income: JP¥803.0m (up 55% from 1Q 2021). Profit margin: 5.1% (up from 4.0% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Announcement • Jul 01
Premium Water Holdings,Inc. announced that it expects to receive ¥1.002223 billion in funding from Macquarie Bank Limited Premium Water Holdings,Inc. (TSE:2588) announced that it has entered into a purchase agreement for a private placement of 40 1st unsecured convertible bond-type bonds with stock acquisition rights at a price of ¥25,000,000 per bond for gross proceeds of ¥1,000,000,000 and 11,400 pre-paid 13th stock acquisition rights at a price of ¥195 each for gross proceeds of ¥2,223,000 for gross proceeds of ¥1,002,223,000 on June 30, 2021. The company is raising funding through third arty allotment method. The transaction will include participation from new investor Macquarie Bank Limited. The bonds will not bear any interest and will mature on July 19, 2024. The bonds and stock acquisition rights will be convertible into 250,000 common shares of the company at a price of ¥4,000 per share. The 13th stock acquisition rights will be exercisable to purchase 1,140,000 potential shares at an initial exercise price of ¥4,400. The company will pay ¥41,000,000 for attorney's fees, valuation costs, trust bank costs, registration costs, etc. All securities issued will be subject to lock-up restrictions. The transaction is expected to close on July 16, 2021. Reported Earnings • Jun 27
Full year 2021 earnings released: EPS JP¥114 (vs JP¥66.43 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥56.3b (up 24% from FY 2020). Net income: JP¥3.19b (up 75% from FY 2020). Profit margin: 5.7% (up from 4.0% 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 105% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 15
Full year 2021 earnings released: EPS JP¥114 (vs JP¥66.43 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥56.3b (up 24% from FY 2020). Net income: JP¥3.19b (up 75% from FY 2020). Profit margin: 5.7% (up from 4.0% 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 105% per year but the company’s share price has only increased by 52% per year, which means it is significantly lagging earnings growth. Announcement • Mar 10
Premium Water Holdings,Inc. to Report Fiscal Year 2021 Results on May 13, 2021 Premium Water Holdings,Inc. announced that they will report fiscal year 2021 results on May 13, 2021 Reported Earnings • Feb 12
Third quarter 2021 earnings released: EPS JP¥26.13 (vs JP¥13.83 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥14.4b (up 23% from 3Q 2020). Net income: JP¥728.0m (up 92% from 3Q 2020). Profit margin: 5.0% (up from 3.2% 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 117% per year but the company’s share price has only increased by 67% per year, which means it is significantly lagging earnings growth. 
