Reported Earnings • Aug 13
First quarter 2027 earnings released: EPS: JP¥31.41 (vs JP¥265 in 1Q 2026) First quarter 2027 results: EPS: JP¥31.41 (down from JP¥265 in 1Q 2026). Revenue: JP¥48.9b (up 8.8% from 1Q 2026). Net income: JP¥1.55b (down 89% from 1Q 2026). Profit margin: 3.2% (down from 30% in 1Q 2026). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jul 25
Final dividend of JP¥50.00 announced Dividend of JP¥50.00 is the same as last year. Ex-date: 29th September 2026 Payment date: 7th December 2026 Dividend yield will be 2.3%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by earnings (38% earnings payout ratio) but not covered by cash flows (113% cash payout ratio). The dividend has increased by an average of 4.2% per year over the past 10 years. However, payments have been volatile 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. New Risk • Jul 05
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 257% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (113% cash payout ratio). Large one-off items impacting financial results. New Risk • Jul 02
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 6.5% 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 Dividend is not well covered by cash flows (117% cash payout ratio). Share price has been volatile over the past 3 months (6.5% average weekly change). Announcement • Jun 26
Wacoal Holdings Corp. to Report Q1, 2027 Results on Aug 10, 2026 Wacoal Holdings Corp. announced that they will report Q1, 2027 results on Aug 10, 2026 Announcement • Jun 22
Wacoal Holdings Corp. Provides Earnings Guidance for the Fiscal Year Ending March 2029 and March 2031 Wacoal Holdings Corp. provided earnings guidance for the fiscal year ending March 2029 and March 2031. For the ending March 2029, the company expects revenue to be JPY 201.0 billion, Business Profit to be JPY 8.5 billion, operating profit of JPY 9.3 billion and earnings per share to be JPY 145 or more.
For the ending March 2031, the company expects revenue to be JPY 217.0 billion, Business Profit to be JPY 13.0 billion, operating profit of JPY 13.8 billion and earnings per share to be JPY 210 or more. Reported Earnings • May 17
Full year 2026 earnings released: EPS: JP¥262 (vs JP¥130 in FY 2025) Full year 2026 results: EPS: JP¥262 (up from JP¥130 in FY 2025). Revenue: JP¥171.5b (down 1.4% from FY 2025). Net income: JP¥13.1b (up 88% from FY 2025). Profit margin: 7.7% (up from 4.0% in FY 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 97% 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
Wacoal Holdings Corp., Annual General Meeting, Jun 29, 2026 Wacoal Holdings Corp., Annual General Meeting, Jun 29, 2026. Announcement • Apr 25
Wacoal Holdings Corp. to Report Fiscal Year 2026 Results on May 14, 2026 Wacoal Holdings Corp. announced that they will report fiscal year 2026 results on May 14, 2026 Buy Or Sell Opportunity • Apr 20
Now 32% overvalued after recent price rise Over the last 90 days, the stock has risen 14% to JP¥5,028. The fair value is estimated to be JP¥3,815, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.6% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to decline by 55% in the next 2 years. 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: 08 June 2026. Payout ratio is a comfortable 44% but the company is paying out more than the cash it is generating. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: JP¥27.72 (vs JP¥5.86 in 3Q 2025) Third quarter 2026 results: EPS: JP¥27.72 (up from JP¥5.86 in 3Q 2025). Revenue: JP¥42.8b (down 1.2% from 3Q 2025). Net income: JP¥1.37b (up 339% from 3Q 2025). Profit margin: 3.2% (up from 0.7% in 3Q 2025). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Announcement • Feb 14
Wacoal Holdings Corp. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2026 Wacoal Holdings Corp. provided consolidated earnings guidance for the fiscal year ending March 31, 2026. For the period, the company expects revenue to be JPY 173,800 million, operating profit to be JPY 20,200 million, profit attributable to owners of parent to be JPY 12,200 million and basic earnings per share to be JPY 242.03. Buy Or Sell Opportunity • Feb 10
Now 23% overvalued Over the last 90 days, the stock has fallen 7.1% to JP¥4,718. The fair value is estimated to be JP¥3,839, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 2.8% over the last 3 years. Earnings per share has grown by 71%. Revenue is forecast to grow by 10% in 2 years. Earnings are forecast to decline by 52% in the next 2 years. Declared Dividend • Dec 06
First half dividend of JP¥50.00 announced Dividend of JP¥50.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 8th June 2026 Dividend yield will be 2.2%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by earnings (49% earnings payout ratio) but not covered by cash flows (168% cash payout ratio). The dividend has increased by an average of 4.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 72% over the next 3 years. Since a fall of 46% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk. Reported Earnings • Nov 14
Second quarter 2026 earnings released: JP¥24.74 loss per share (vs JP¥105 profit in 2Q 2025) Second quarter 2026 results: JP¥24.74 loss per share (down from JP¥105 profit in 2Q 2025). Revenue: JP¥42.6b (down 2.6% from 2Q 2025). Net loss: JP¥1.25b (down 122% from profit in 2Q 2025). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 08 December 2025. Payout ratio is a comfortable 30% but the company is paying out more than the cash it is generating. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (1.7%). Reported Earnings • Aug 13
First quarter 2026 earnings released: EPS: JP¥265 (vs JP¥55.18 in 1Q 2025) First quarter 2026 results: EPS: JP¥265 (up from JP¥55.18 in 1Q 2025). Revenue: JP¥45.0b (down 3.2% from 1Q 2025). Net income: JP¥13.7b (up 350% from 1Q 2025). Profit margin: 30% (up from 6.5% in 1Q 2025). Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 41% per year whereas the company’s share price has increased by 38% per year. Declared Dividend • Jul 09
Final dividend of JP¥50.00 announced Dividend of JP¥50.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 8th December 2025 Dividend yield will be 2.0%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (126% earnings payout ratio) nor is it covered by cash flows (480% cash payout ratio). The dividend has increased by an average of 4.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 40% to bring the payout ratio under control. EPS is expected to grow by 11% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • Jul 01
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: EPS: JP¥130 (up from JP¥152 loss in FY 2024). Revenue: JP¥173.9b (down 7.1% from FY 2024). Net income: JP¥6.99b (up JP¥15.6b from FY 2024). Profit margin: 4.0% (up from net loss in FY 2024). Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) exceeded analyst estimates by 35%. Revenue is forecast to grow 5.9% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. Announcement • May 31
Wacoal Holdings Corp. to Report Q1, 2026 Results on Aug 12, 2025 Wacoal Holdings Corp. announced that they will report Q1, 2026 results on Aug 12, 2025 Reported Earnings • May 20
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: EPS: JP¥130 (up from JP¥152 loss in FY 2024). Revenue: JP¥173.9b (down 7.1% from FY 2024). Net income: JP¥6.99b (up JP¥15.6b from FY 2024). Profit margin: 4.0% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) exceeded analyst estimates by 35%. Revenue is forecast to grow 5.9% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings. Announcement • May 17
Wacoal Holdings Corp. (TSE:3591) announces an Equity Buyback for 5,800,000 shares, representing 11.23% for ¥28,500 million. Wacoal Holdings Corp. (TSE:3591) announces a share repurchase program. Under the program, the company will repurchase up to 5,800,000 shares, representing 11.23% of its total shares outstanding (excluding treasury shares), for a total of ¥28,500 million. The purpose of the program is to improve shareholder return and capital efficiency. The repurchase program is valid till March 24, 2026. As of March 31, 2025, the company had 51,659,090 shares outstanding (excluding treasury shares) and had 3,840,910 shares in treasury. Announcement • May 15
Wacoal Holdings Corp., Annual General Meeting, Jun 25, 2025 Wacoal Holdings Corp., 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: 06 June 2025. The company is paying out more than 100% of its profits and is paying out 95% of its cash flow. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (1.8%). Announcement • Mar 04
Wacoal Holdings Corp. to Report Fiscal Year 2025 Results on May 15, 2025 Wacoal Holdings Corp. announced that they will report fiscal year 2025 results on May 15, 2025 Announcement • Mar 03
Wacoal Holdings Corp. Announces Resignation of Mitsuhiro Hamamoto, Audit & Supervisory Board Member (Outside Auditor Wacoal Holdings Corp. announced resignation of Mitsuhiro Hamamoto, Audit & Supervisory Board Member (outside auditor), to retire at the Meeting to be held on June 25, 2025. Announcement • Feb 27
TANAAKK K.K. agreed to acquire LECIEN Corporation from Wacoal Holdings Corp. (TSE:3591). TANAAKK K.K. agreed to acquire LECIEN Corporation from Wacoal Holdings Corp. (TSE:3591) on February 26, 2025. The transaction is expected to close on April 1, 2025. New Risk • Feb 11
New major risk - Revenue and earnings growth Earnings have declined by 31% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 31% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (96% cash payout ratio). Large one-off items impacting financial results. Reported Earnings • Feb 11
Third quarter 2025 earnings released: EPS: JP¥5.85 (vs JP¥8.88 in 3Q 2024) Third quarter 2025 results: EPS: JP¥5.85 (down from JP¥8.88 in 3Q 2024). Revenue: JP¥43.4b (down 6.3% from 3Q 2024). Net income: JP¥313.0m (down 38% from 3Q 2024). Profit margin: 0.7% (down from 1.1% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings. Declared Dividend • Dec 07
First half dividend of JP¥50.00 announced Dividend of JP¥50.00 is the same as last year. Ex-date: 28th March 2025 Payment date: 6th June 2025 Dividend yield will be 1.9%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (58% cash payout ratio). The dividend has increased by an average of 5.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 129% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Nov 30
Wacoal Holdings Corp. to Report Q3, 2025 Results on Feb 10, 2025 Wacoal Holdings Corp. announced that they will report Q3, 2025 results on Feb 10, 2025 New Risk • Nov 22
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 67% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. 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. Large one-off items impacting financial results. Reported Earnings • Nov 13
Second quarter 2025 earnings released: EPS: JP¥105 (vs JP¥126 loss in 2Q 2024) Second quarter 2025 results: EPS: JP¥105 (up from JP¥126 loss in 2Q 2024). Revenue: JP¥43.7b (down 5.7% from 2Q 2024). Net income: JP¥5.74b (up JP¥13.0b from 2Q 2024). Profit margin: 13% (up from net loss in 2Q 2024). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Nov 13
Now 20% undervalued Over the last 90 days, the stock has risen 8.5% to JP¥4,562. The fair value is estimated to be JP¥5,708, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.2% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 6.0% in 2 years. Earnings are forecast to grow by 186% in the next 2 years. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. The company is not currently making a profit and its cash payout ratio is 93%. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%). Announcement • Aug 27
Wacoal Holdings Corp. to Report Q2, 2025 Results on Nov 11, 2024 Wacoal Holdings Corp. announced that they will report Q2, 2025 results on Nov 11, 2024 Reported Earnings • Aug 12
First quarter 2025 earnings released: EPS: JP¥55.18 (vs JP¥49.12 in 1Q 2024) First quarter 2025 results: EPS: JP¥55.18 (up from JP¥49.12 in 1Q 2024). Revenue: JP¥46.5b (down 4.8% from 1Q 2024). Net income: JP¥3.04b (up 6.7% from 1Q 2024). Profit margin: 6.5% (up from 5.8% in 1Q 2024). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 131 percentage points per year, which is a significant difference in performance. Announcement • Aug 07
Wacoal Holdings Corp. Provides Consolidated Earnings Guidance for the Six Months Period Ending September 30, 2024 and Fiscal Year Ending March 31, 2025 Wacoal Holdings Corp. provided consolidated earnings guidance for the six months period ending September 30, 2024 and fiscal year ending March 31, 2025. For the six months, the company expects revenue to be JPY 92,400 million, business profit to be JPY 1,200 million, operating profit to be JPY 2,200 million, profit attributable to owners of parent to be JPY 2,200 million and basic earnings per share to be JPY 39.96.
For the fiscal year, the company expects revenue to be JPY 183,000 million, business profit to be JPY 200 million, operating profit to be JPY 2,000 million, profit attributable to owners of parent to be JPY 3,200 million and basic earnings per share to be JPY 58.12. Declared Dividend • Jul 11
Final dividend of JP¥50.00 announced Shareholders will receive a dividend of JP¥50.00. Ex-date: 27th September 2024 Payment date: 9th December 2024 Dividend yield will be 2.2%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is covered by cash flows (70% cash payout ratio). The dividend has increased by an average of 5.2% per year over the past 10 years. However, payments have been volatile during that time. Announcement • Jun 02
Wacoal Holdings Corp. to Report Q1, 2025 Results on Aug 07, 2024 Wacoal Holdings Corp. announced that they will report Q1, 2025 results on Aug 07, 2024 Reported Earnings • May 19
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: JP¥152 loss per share (further deteriorated from JP¥29.67 loss in FY 2023). Revenue: JP¥187.2b (flat on FY 2023). Net loss: JP¥8.63b (loss widened 386% from FY 2023). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 17%. Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 119 percentage points per year, which is a significant difference in performance. Announcement • May 17
Wacoal Holdings Corp., Annual General Meeting, Jun 25, 2024 Wacoal Holdings Corp., Annual General Meeting, Jun 25, 2024. Buy Or Sell Opportunity • May 16
Now 21% overvalued Over the last 90 days, the stock has fallen 2.7% to JP¥3,611. The fair value is estimated to be JP¥2,986, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years. Earnings per share has declined by 76%. Announcement • Mar 28
Wacoal Holdings Corp. to Report Fiscal Year 2024 Results on May 15, 2024 Wacoal Holdings Corp. announced that they will report fiscal year 2024 results on May 15, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 05 June 2024. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.7%). Price Target Changed • Feb 16
Price target increased by 14% to JP¥3,600 Up from JP¥3,150, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of JP¥3,713. Stock is up 60% over the past year. The company is forecast to post a net loss per share of JP¥182 next year compared to a net loss per share of JP¥29.67 last year. Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: JP¥8.86 (vs JP¥112 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥8.86 (up from JP¥112 loss in 3Q 2023). Revenue: JP¥46.3b (flat on 3Q 2023). Net income: JP¥501.0m (up JP¥7.14b from 3Q 2023). Profit margin: 1.1% (up from net loss in 3Q 2023). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Announcement • Nov 26
Wacoal Holdings Corp. to Report Q3, 2024 Results on Feb 09, 2024 Wacoal Holdings Corp. announced that they will report Q3, 2024 results on Feb 09, 2024 Announcement • Nov 10
Wacoal Holdings Corp. Announces Dividend for the Second Quarter Ended September 30, 2023, Payable on December 8, 2023 Wacoal Holdings Corp. announced a dividend of ¥50.00 per share for the second quarter ended September 30, 2023 against ¥40.00 per share paid a year ago. The scheduled dividend payment start date is on December 8, 2023. Reported Earnings • Nov 10
Second quarter 2024 earnings released: JP¥125 loss per share (vs JP¥29.82 profit in 2Q 2023) Second quarter 2024 results: JP¥125 loss per share (down from JP¥29.82 profit in 2Q 2023). Revenue: JP¥46.3b (down 4.4% from 2Q 2023). Net loss: JP¥7.25b (down JP¥9.05b from profit in 2Q 2023). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Announcement • Nov 09
Wacoal Holdings Corp. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024 Wacoal Holdings Corp. provided consolidated earnings guidance for the fiscal year ending March 31, 2024. For the fiscal year, the company expects revenue to be JPY 196,000 million, business profit to be JPY 1,700 million, operating loss to be JPY 12,000 million, net loss attributable to owners of parent to be JPY 10,800 million and basic earnings per share to be JPY 186.60. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥50.00 per share at 3.0% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 11 December 2023. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.8%). Announcement • Aug 30
Wacoal Holdings Corp. to Report Q2, 2024 Results on Nov 09, 2023 Wacoal Holdings Corp. announced that they will report Q2, 2024 results on Nov 09, 2023 Price Target Changed • Aug 17
Price target increased by 8.6% to JP¥3,150 Up from JP¥2,900, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of JP¥3,146. Stock is up 40% over the past year. The company is forecast to post earnings per share of JP¥99.50 next year compared to a net loss per share of JP¥29.67 last year. Reported Earnings • Aug 10
First quarter 2024 earnings released: EPS: JP¥49.03 (vs JP¥39.17 in 1Q 2023) First quarter 2024 results: EPS: JP¥49.03 (up from JP¥39.17 in 1Q 2023). Revenue: JP¥48.8b (flat on 1Q 2023). Net income: JP¥2.84b (up 18% from 1Q 2023). Profit margin: 5.8% (up from 4.9% in 1Q 2023). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Board Change • Jul 08
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Outside Director Hisae Sato was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • May 28
Wacoal Holdings Corp. to Report Q1, 2024 Results on Aug 09, 2023 Wacoal Holdings Corp. announced that they will report Q1, 2024 results on Aug 09, 2023 Reported Earnings • May 17
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: JP¥29.66 loss per share (down from JP¥74.05 profit in FY 2022). Revenue: JP¥188.6b (up 9.1% from FY 2022). Net loss: JP¥1.78b (down 139% from profit in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 58%. Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 11% per year.