New Risk • May 20
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 25% Last year net profit margin: 41% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (25% net profit margin). Valuation Update With 7 Day Price Move • May 18
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥627, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 11x in the Trade Distributors industry in Japan. Total returns to shareholders of 89% over the past three years. Announcement • May 15
Sumiseki Holdings,Inc., Annual General Meeting, Jun 26, 2026 Sumiseki Holdings,Inc., Annual General Meeting, Jun 26, 2026. Announcement • May 09
Sumiseki Holdings,Inc. to Report Fiscal Year 2026 Results on May 15, 2026 Sumiseki Holdings,Inc. announced that they will report fiscal year 2026 results at 3:00 PM, Tokyo Standard Time on May 15, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 06 June 2026. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.1%). Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥1,138, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 12x in the Trade Distributors industry in Japan. Total returns to shareholders of 268% over the past three years. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorates as stock falls 36% After last week's 36% share price decline to JP¥870, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 12x in the Trade Distributors industry in Japan. Total returns to shareholders of 164% over the past three years. Reported Earnings • Jan 31
Third quarter 2026 earnings released: EPS: JP¥1.54 (vs JP¥0.071 loss in 3Q 2025) Third quarter 2026 results: EPS: JP¥1.54 (up from JP¥0.071 loss in 3Q 2025). Revenue: JP¥3.25b (down 8.8% from 3Q 2025). Net income: JP¥92.0m (up JP¥96.0m from 3Q 2025). Profit margin: 2.8% (up from net loss in 3Q 2025). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment improves as stock rises 38% After last week's 38% share price gain to JP¥859, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 11x in the Trade Distributors industry in Japan. Total returns to shareholders of 143% over the past three years. New Risk • Jan 27
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 6.9% 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 (6.9% average weekly change). Declared Dividend • Jan 08
Dividend of JP¥15.00 announced Shareholders will receive a dividend of JP¥15.00. Ex-date: 30th March 2026 Payment date: 6th June 2026 Dividend yield will be 2.5%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 74% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jan 07
Sumiseki Holdings,Inc. announces Annual dividend, payable on June 06, 2026 Sumiseki Holdings,Inc. announced Annual dividend of JPY 15.0000 per share payable on June 06, 2026, ex-date on March 30, 2026 and record date on March 31, 2026. Reported Earnings • Nov 01
Second quarter 2026 earnings released: EPS: JP¥21.06 (vs JP¥46.69 in 2Q 2025) Second quarter 2026 results: EPS: JP¥21.06 (down from JP¥46.69 in 2Q 2025). Revenue: JP¥2.29b (down 49% from 2Q 2025). Net income: JP¥1.26b (down 48% from 2Q 2025). Profit margin: 55% (up from 54% in 2Q 2025). The increase in margin was driven by lower expenses. 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 40% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 02
First quarter 2026 earnings released: JP¥0.10 loss per share (vs JP¥1.79 loss in 1Q 2025) First quarter 2026 results: JP¥0.10 loss per share (improved from JP¥1.79 loss in 1Q 2025). Revenue: JP¥2.74b (up 62% from 1Q 2025). Net loss: JP¥6.00m (loss narrowed 94% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 29
Sumiseki Holdings,Inc. to Report Q1, 2026 Results on Jul 31, 2025 Sumiseki Holdings,Inc. announced that they will report Q1, 2026 results on Jul 31, 2025 Reported Earnings • May 21
Full year 2025 earnings released: EPS: JP¥76.76 (vs JP¥145 in FY 2024) Full year 2025 results: EPS: JP¥76.76 (down from JP¥145 in FY 2024). Revenue: JP¥10.3b (down 55% from FY 2024). Net income: JP¥4.20b (down 44% from FY 2024). Profit margin: 41% (up from 33% 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 28% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 15
Sumiseki Holdings,Inc., Annual General Meeting, Jun 27, 2025 Sumiseki Holdings,Inc., Annual General Meeting, Jun 27, 2025. New Risk • Apr 19
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.3% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.3% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (16% increase in shares outstanding). Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥760, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 9x in the Trade Distributors industry in Japan. Total returns to shareholders of 354% over the past three years. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥663, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 9x in the Trade Distributors industry in Japan. Total returns to shareholders of 346% over the past three years. Buy Or Sell Opportunity • Mar 26
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 4.7% to JP¥785. The fair value is estimated to be JP¥652, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.2% over the last 3 years. Earnings per share has grown by 45%. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 06 June 2025. Payout ratio is a comfortable 70% and the cash payout ratio is 80%. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (3.3%). Buy Or Sell Opportunity • Mar 05
Now 20% overvalued Over the last 90 days, the stock has fallen 5.0% to JP¥773. The fair value is estimated to be JP¥644, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.2% over the last 3 years. Earnings per share has grown by 45%. Reported Earnings • Jan 31
Third quarter 2025 earnings released: JP¥0.071 loss per share (vs JP¥2.48 loss in 3Q 2024) Third quarter 2025 results: JP¥0.071 loss per share (improved from JP¥2.48 loss in 3Q 2024). Revenue: JP¥3.57b (up 181% from 3Q 2024). Net loss: JP¥4.00m (loss narrowed 97% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 80% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Jan 31
Now 20% overvalued Over the last 90 days, the stock has fallen 11% to JP¥809. The fair value is estimated to be JP¥672, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.2% over the last 3 years. Earnings per share has grown by 45%. New Risk • Jan 04
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor 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 Risks Share price has been highly volatile over the past 3 months (9.5% average weekly change). High level of non-cash earnings (21% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (16% increase in shares outstanding). Announcement • Nov 30
Sumiseki Holdings,Inc. to Report Q3, 2025 Results on Jan 30, 2025 Sumiseki Holdings,Inc. announced that they will report Q3, 2025 results on Jan 30, 2025 Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥908, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 10x in the Trade Distributors industry in Japan. Total returns to shareholders of 613% over the past three years. Reported Earnings • Nov 01
Second quarter 2025 earnings released: EPS: JP¥46.69 (vs JP¥105 in 2Q 2024) Second quarter 2025 results: EPS: JP¥46.69 (down from JP¥105 in 2Q 2024). Revenue: JP¥4.49b (down 51% from 2Q 2024). Net income: JP¥2.40b (down 56% from 2Q 2024). Profit margin: 54% (down from 60% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has increased by 88% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 23
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to JP¥1,083, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 9x in the Trade Distributors industry in Japan. Total returns to shareholders of 658% over the past three years. Announcement • Sep 27
Sumiseki Holdings,Inc. to Report Q2, 2025 Results on Oct 30, 2024 Sumiseki Holdings,Inc. announced that they will report Q2, 2025 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to JP¥788, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 9x in the Trade Distributors industry in Japan. Total returns to shareholders of 588% over the past three years. Board Change • Jul 31
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent External Director Toshikazu Chinzei was the last independent director to join the board, commencing their role in 2011. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 27
First quarter 2025 earnings released: JP¥1.79 loss per share (vs JP¥0.27 loss in 1Q 2024) First quarter 2025 results: JP¥1.79 loss per share (further deteriorated from JP¥0.27 loss in 1Q 2024). Revenue: JP¥1.70b (down 74% from 1Q 2024). Net loss: JP¥92.0m (loss widened JP¥78.0m from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has increased by 101% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 28
Sumiseki Holdings,Inc. to Report Q1, 2025 Results on Jul 31, 2024 Sumiseki Holdings,Inc. announced that they will report Q1, 2025 results on Jul 31, 2024 Reported Earnings • May 20
Full year 2024 earnings released: EPS: JP¥145 (vs JP¥68.32 in FY 2023) Full year 2024 results: EPS: JP¥145 (up from JP¥68.32 in FY 2023). Revenue: JP¥22.6b (down 43% from FY 2023). Net income: JP¥7.53b (up 106% from FY 2023). Profit margin: 33% (up from 9.2% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has increased by 161% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 17
Sumiseki Holdings,Inc., Annual General Meeting, Jun 27, 2024 Sumiseki Holdings,Inc., Annual General Meeting, Jun 27, 2024. Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to JP¥1,554, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 10x in the Trade Distributors industry in Japan. Total returns to shareholders of 1,184% over the past three years. Valuation Update With 7 Day Price Move • Apr 18
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to JP¥1,525, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 10x in the Trade Distributors industry in Japan. Total returns to shareholders of 1,067% over the past three years. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥1,341, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 11x in the Trade Distributors industry in Japan. Total returns to shareholders of 1,120% over the past three years. Announcement • Mar 27
Sumiseki Holdings,Inc. to Report Fiscal Year 2024 Results on May 15, 2024 Sumiseki Holdings,Inc. announced that they will report fiscal year 2024 results on May 15, 2024 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: 10 June 2024. Payout ratio is a comfortable 4.8% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (2.4%). Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment deteriorates as stock falls 44% After last week's 44% share price decline to JP¥1,928, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 10x in the Trade Distributors industry in Japan. Total returns to shareholders of 1,508% over the past three years. Valuation Update With 7 Day Price Move • Feb 29
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to JP¥2,783, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 11x in the Trade Distributors industry in Japan. Total returns to shareholders of 2,375% over the past three years. Reported Earnings • Feb 02
Third quarter 2024 earnings released: JP¥2.48 loss per share (vs JP¥1.95 profit in 3Q 2023) Third quarter 2024 results: JP¥2.48 loss per share (down from JP¥1.95 profit in 3Q 2023). Revenue: JP¥1.27b (down 85% from 3Q 2023). Net loss: JP¥128.0m (down 223% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has increased by 155% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥1,384, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 11x in the Trade Distributors industry in Japan. Total returns to shareholders of 1,184% over the past three years. Valuation Update With 7 Day Price Move • Dec 12
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to JP¥1,053, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 10x in the Trade Distributors industry in Japan. Total returns to shareholders of 885% over the past three years. Announcement • Nov 29
Sumiseki Holdings,Inc. to Report Q3, 2024 Results on Jan 31, 2024 Sumiseki Holdings,Inc. announced that they will report Q3, 2024 results on Jan 31, 2024 Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥778, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 10x in the Trade Distributors industry in Japan. Total returns to shareholders of 609% over the past three years. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to JP¥646, the stock trades at a trailing P/E ratio of 4x. Average trailing P/E is 9x in the Trade Distributors industry in Japan. Total returns to shareholders of 456% over the past three years. Reported Earnings • Nov 02
Second quarter 2024 earnings released: EPS: JP¥105 (vs JP¥11.94 in 2Q 2023) Second quarter 2024 results: EPS: JP¥105 (up from JP¥11.94 in 2Q 2023). Revenue: JP¥9.07b (down 47% from 2Q 2023). Net income: JP¥5.44b (up JP¥4.81b from 2Q 2023). Profit margin: 60% (up from 3.7% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 67% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 10
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥551, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 9x in the Trade Distributors industry in Japan. Total returns to shareholders of 378% over the past three years. Announcement • Sep 29
Sumiseki Holdings,Inc. to Report Q2, 2024 Results on Oct 31, 2023 Sumiseki Holdings,Inc. announced that they will report Q2, 2024 results on Oct 31, 2023 Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥541, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 10x in the Trade Distributors industry in Japan. Total returns to shareholders of 358% over the past three years. Reported Earnings • Aug 01
First quarter 2024 earnings released: JP¥0.27 loss per share (vs JP¥0.28 profit in 1Q 2023) First quarter 2024 results: JP¥0.27 loss per share (down from JP¥0.28 profit in 1Q 2023). Revenue: JP¥6.54b (down 12% from 1Q 2023). Net loss: JP¥14.0m (down 193% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Announcement • Jul 07
Sumiseki Holdings,Inc. to Report Q1, 2024 Results on Jul 31, 2023 Sumiseki Holdings,Inc. announced that they will report Q1, 2024 results on Jul 31, 2023 Reported Earnings • May 20
Full year 2023 earnings released: EPS: JP¥68.58 (vs JP¥41.01 in FY 2022) Full year 2023 results: EPS: JP¥68.58 (up from JP¥41.01 in FY 2022). Revenue: JP¥39.9b (up 222% from FY 2022). Net income: JP¥3.67b (up 63% from FY 2022). Profit margin: 9.2% (down from 18% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥387, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 9x in the Trade Distributors industry in Japan. Total returns to shareholders of 272% over the past three years. Announcement • May 16
Sumiseki Holdings,Inc. (TSE:1514) announces an Equity Buyback for 2,800,000 shares, representing 5.26% for ¥680 million. Sumiseki Holdings,Inc. (TSE:1514) announces a share repurchase program. Under the program, the company will repurchase up to 2,800,000 shares, representing 5.26% of its total shares outstanding (excluding treasury shares), for a total of ¥680 million. The purpose of repurchase program is to improve shareholder value by returning profits to shareholders. The repurchase program is valid till August 31, 2023. As of March 31, 2023, the company had 53,218,729 shares outstanding (excluding treasury shares) and had 5,674,124 shares in treasury. Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥362, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 9x in the Trade Distributors industry in Japan. Total returns to shareholders of 231% over the past three years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥5.00 per share at 1.4% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 08 June 2023. Payout ratio is a comfortable 11% but the company is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.8%). Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥351, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 8x in the Trade Distributors industry in Japan. Total returns to shareholders of 175% over the past three years. Reported Earnings • Feb 01
Third quarter 2023 earnings released: EPS: JP¥1.95 (vs JP¥1.25 in 3Q 2022) Third quarter 2023 results: EPS: JP¥1.95 (up from JP¥1.25 in 3Q 2022). Revenue: JP¥8.50b (up 101% from 3Q 2022). Net income: JP¥104.0m (up 51% from 3Q 2022). Profit margin: 1.2% (down from 1.6% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 23
Sumiseki Holdings,Inc. to Report Q3, 2023 Results on Jan 31, 2023 Sumiseki Holdings,Inc. announced that they will report Q3, 2023 results on Jan 31, 2023 Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment improved over the past week After last week's 23% share price gain to JP¥252, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 8x in the Trade Distributors industry in Japan. Total returns to shareholders of 83% over the past three years. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 6 highly experienced directors. No independent directors (5 non-independent directors). Manager of Corporate Planning Department and Director Yoichiro Imari was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 02
Second quarter 2023 earnings released: EPS: JP¥11.94 (vs JP¥7.98 in 2Q 2022) Second quarter 2023 results: EPS: JP¥11.94 (up from JP¥7.98 in 2Q 2022). Revenue: JP¥17.1b (up JP¥15.4b from 2Q 2022). Net income: JP¥637.0m (up 45% from 2Q 2022). Profit margin: 3.7% (down from 27% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥217, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 8x in the Trade Distributors industry in Japan. Total returns to shareholders of 70% over the past three years. Announcement • Sep 23
Sumiseki Holdings,Inc. to Report Q2, 2023 Results on Oct 31, 2022 Sumiseki Holdings,Inc. announced that they will report Q2, 2023 results on Oct 31, 2022 Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improved over the past week After last week's 26% share price gain to JP¥273, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 8x in the Trade Distributors industry in Japan. Total returns to shareholders of 123% over the past three years. Reported Earnings • Jul 31
First quarter 2023 earnings released: EPS: JP¥0.28 (vs JP¥1.06 in 1Q 2022) First quarter 2023 results: EPS: JP¥0.28 (down from JP¥1.06 in 1Q 2022). Revenue: JP¥7.44b (up 245% from 1Q 2022). Net income: JP¥15.0m (down 74% from 1Q 2022). Profit margin: 0.2% (down from 2.7% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improved over the past week After last week's 18% share price gain to JP¥228, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 8x in the Trade Distributors industry in Japan. Total returns to shareholders of 85% over the past three years. Announcement • Jun 24
Sumiseki Holdings,Inc. to Report Q1, 2023 Results on Jul 29, 2022 Sumiseki Holdings,Inc. announced that they will report Q1, 2023 results on Jul 29, 2022 Reported Earnings • May 20
Full year 2022 earnings released: EPS: JP¥41.26 (vs JP¥1.99 loss in FY 2021) Full year 2022 results: EPS: JP¥41.26 (up from JP¥1.99 loss in FY 2021). Revenue: JP¥12.4b (up 27% from FY 2021). Net income: JP¥2.27b (up JP¥2.38b from FY 2021). Profit margin: 18% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 18% share price gain to JP¥197, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 8x in the Trade Distributors industry in Japan. Total returns to shareholders of 83% over the past three years. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 6 highly experienced directors. No independent directors (5 non-independent directors). Manager of Corporate Planning Department and Director Yoichiro Imari was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 07
Sumiseki Holdings,Inc. to Report Fiscal Year 2022 Results on May 16, 2022 Sumiseki Holdings,Inc. announced that they will report fiscal year 2022 results on May 16, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥3.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 14 June 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (3.4%). Reported Earnings • Feb 02
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥1.25 (up from JP¥0.40 loss in 3Q 2021). Revenue: JP¥4.23b (up 67% from 3Q 2021). Net income: JP¥69.0m (up JP¥91.0m from 3Q 2021). Profit margin: 1.6% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 31
Second quarter 2022 earnings released: EPS JP¥7.98 (vs JP¥0.57 loss in 2Q 2021) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥1.66b (down 28% from 2Q 2021). Net income: JP¥439.0m (up JP¥470.0m from 2Q 2021). Profit margin: 27% (up from net loss in 2Q 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Reported Earnings • Aug 02
First quarter 2022 earnings released: EPS JP¥1.06 (vs JP¥0.70 loss in 1Q 2021) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2022 results: Revenue: JP¥2.16b (down 6.8% from 1Q 2021). Net income: JP¥58.0m (up JP¥95.0m from 1Q 2021). Profit margin: 2.7% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • May 17
Full year 2021 earnings released: JP¥1.74 loss per share (vs JP¥18.94 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥9.78b (down 36% from FY 2020). Net loss: JP¥94.0m (down 109% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥3.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 05 June 2021. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (2.7%). Lower than average of industry peers (3.0%). Is New 90 Day High Low • Feb 22
New 90-day high: JP¥124 The company is up 3.0% from its price of JP¥120 on 24 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 17% over the same period. Reported Earnings • Feb 02
Third quarter 2021 earnings released: JP¥0.40 loss per share (vs JP¥0.28 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: JP¥2.54b (down 41% from 3Q 2020). Net loss: JP¥22.0m (loss widened 47% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.