Reported Earnings • May 20
Full year 2026 earnings released: EPS: JP¥21.64 (vs JP¥18.37 in FY 2025) Full year 2026 results: EPS: JP¥21.64 (up from JP¥18.37 in FY 2025). Revenue: JP¥7.67b (flat on FY 2025). Net income: JP¥274.0m (up 13% from FY 2025). Profit margin: 3.6% (up from 3.1% in FY 2025). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Ankündigung • May 15
Aoba-BBT, Inc., Annual General Meeting, Jun 24, 2026 Aoba-BBT, Inc., Annual General Meeting, Jun 24, 2026. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥11.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is on the higher end at 87%, however this is supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.6%). New Risk • Feb 16
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: 2.1% Last year net profit margin: 4.4% 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: Minor Risks Profit margins are more than 30% lower than last year (2.1% net profit margin). Market cap is less than US$100m (JP¥4.28b market cap, or US$28.0m). Reported Earnings • Nov 18
Second quarter 2026 earnings released: EPS: JP¥6.16 (vs JP¥6.97 in 2Q 2025) Second quarter 2026 results: EPS: JP¥6.16 (down from JP¥6.97 in 2Q 2025). Revenue: JP¥1.99b (down 1.4% from 2Q 2025). Net income: JP¥78.0m (down 17% from 2Q 2025). Profit margin: 3.9% (down from 4.7% in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 10
First quarter 2026 earnings released: EPS: JP¥1.74 (vs JP¥0.30 in 1Q 2025) First quarter 2026 results: EPS: JP¥1.74 (up from JP¥0.30 in 1Q 2025). Revenue: JP¥1.83b (up 3.8% from 1Q 2025). Net income: JP¥22.0m (up 450% from 1Q 2025). Profit margin: 1.2% (up from 0.2% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • May 20
Full year 2025 earnings released: EPS: JP¥18.37 (vs JP¥17.47 in FY 2024) Full year 2025 results: EPS: JP¥18.37 (up from JP¥17.47 in FY 2024). Revenue: JP¥7.70b (up 3.0% from FY 2024). Net income: JP¥242.0m (flat on FY 2024). Profit margin: 3.1% (down from 3.2% in FY 2024). The decrease in margin was driven by higher expenses. 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 7% per year, which means it has not declined as severely as earnings. Ankündigung • May 15
Aoba-BBT, Inc., Annual General Meeting, Jun 25, 2025 Aoba-BBT, Inc., Annual General Meeting, Jun 25, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥11.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 44% 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%). Ankündigung • Feb 28
Aoba-BBT, Inc. to Report Fiscal Year 2025 Results on May 15, 2025 Aoba-BBT, Inc. announced that they will report fiscal year 2025 results on May 15, 2025 Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥10.00 (vs JP¥1.46 in 3Q 2024) Third quarter 2025 results: EPS: JP¥10.00 (up from JP¥1.46 in 3Q 2024). Revenue: JP¥2.03b (up 7.6% from 3Q 2024). Net income: JP¥130.0m (up JP¥110.0m from 3Q 2024). Profit margin: 6.4% (up from 1.1% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 09
Second quarter 2025 earnings released: EPS: JP¥6.97 (vs JP¥7.96 in 2Q 2024) Second quarter 2025 results: EPS: JP¥6.97 (down from JP¥7.96 in 2Q 2024). Revenue: JP¥2.02b (flat on 2Q 2024). Net income: JP¥94.0m (down 16% from 2Q 2024). Profit margin: 4.7% (down from 5.6% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 10% per year and the company’s share price has also fallen by 10% per year. Ankündigung • Nov 07
Aoba-BBT, Inc. (TSE:2464) announces an Equity Buyback for 200,000 shares, representing 1.4% for ¥70 million. Aoba-BBT, Inc. (TSE:2464) announces a share repurchase program. Under the program, the company will repurchase 200,000 shares, representing 1.40% of the outstanding shares for ¥ 70 million. The shares will be repurchased at a price of ¥ 320 per share. The purpose of the program is improving capital efficiency and strengthening shareholder returns. As of November 7, 2024, the company had 14,264,100 shares outstanding (excluding treasury stock) and 212,776 shares in treasury. Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: JP¥0.30 (vs JP¥0.14 in 1Q 2024) First quarter 2025 results: EPS: JP¥0.30 (up from JP¥0.14 in 1Q 2024). Revenue: JP¥1.76b (flat on 1Q 2024). Net income: JP¥4.00m (up 100% from 1Q 2024). Profit margin: 0.2% (up from 0.1% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • May 21
Full year 2024 earnings released: EPS: JP¥17.47 (vs JP¥51.31 in FY 2023) Full year 2024 results: EPS: JP¥17.47 (down from JP¥51.31 in FY 2023). Revenue: JP¥7.47b (up 3.0% from FY 2023). Net income: JP¥242.0m (down 67% from FY 2023). Profit margin: 3.2% (down from 10.0% 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 17% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Ankündigung • May 17
Aoba-BBT, Inc., Annual General Meeting, Jun 26, 2024 Aoba-BBT, Inc., Annual General Meeting, Jun 26, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥11.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.1%). Ankündigung • Mar 02
Aoba-BBT, Inc. to Report Fiscal Year 2024 Results on May 15, 2024 Aoba-BBT, Inc. announced that they will report fiscal year 2024 results on May 15, 2024 Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: JP¥1.46 (vs JP¥4.12 in 3Q 2023) Third quarter 2024 results: EPS: JP¥1.46 (down from JP¥4.12 in 3Q 2023). Revenue: JP¥1.88b (up 2.1% from 3Q 2023). Net income: JP¥20.0m (down 66% from 3Q 2023). Profit margin: 1.1% (down from 3.1% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: JP¥7.96 (vs JP¥55.00 in 2Q 2023) Second quarter 2024 results: EPS: JP¥7.96 (down from JP¥55.00 in 2Q 2023). Revenue: JP¥2.01b (up 5.2% from 2Q 2023). Net income: JP¥112.0m (down 86% from 2Q 2023). Profit margin: 5.6% (down from 41% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Board Change • Oct 14
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Director & Executive VP Tatsuhiko Masamoto was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: JP¥0.14 (vs JP¥0.14 loss in 1Q 2023) First quarter 2024 results: EPS: JP¥0.14 (up from JP¥0.14 loss in 1Q 2023). Revenue: JP¥1.77b (up 4.4% from 1Q 2023). Net income: JP¥2.00m (up JP¥4.00m from 1Q 2023). Profit margin: 0.1% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Ankündigung • Aug 11
Business Breakthrough, Inc. (TSE:2464) announces an Equity Buyback for 50,000 shares, representing 0.35% for ¥20.9 million. Business Breakthrough, Inc. (TSE:2464) announces a share repurchase program. Under the program, the company will repurchase 50,000 shares, representing 0.35% of the outstanding shares for ¥20.9 million. The shares will be repurchased at a price of ¥418 per share. The purpose of the program is improving capital efficiency and strengthening shareholder returns. The program will run until August 14, 2023. As of August 10, 2023, the company had 14,264,100 shares outstanding and 1172,776 shares in treasury. Reported Earnings • May 18
Full year 2023 earnings released: EPS: JP¥51.31 (vs JP¥15.72 in FY 2022) Full year 2023 results: EPS: JP¥51.31 (up from JP¥15.72 in FY 2022). Revenue: JP¥7.26b (up 7.4% from FY 2022). Net income: JP¥723.0m (up 227% from FY 2022). Profit margin: 10.0% (up from 3.3% in FY 2022). Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥11.00 per share at 2.1% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 23 June 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.5%). Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to JP¥491, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 16x in the Consumer Services industry in Japan. Total returns to shareholders of 76% over the past three years. Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥4.12 (vs JP¥7.53 in 3Q 2022) Third quarter 2023 results: EPS: JP¥4.12 (down from JP¥7.53 in 3Q 2022). Revenue: JP¥1.85b (up 6.6% from 3Q 2022). Net income: JP¥58.0m (down 45% from 3Q 2022). Profit margin: 3.1% (down from 6.1% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Ankündigung • Dec 04
Business Breakthrough, Inc. to Report Q3, 2023 Results on Feb 10, 2023 Business Breakthrough, Inc. announced that they will report Q3, 2023 results on Feb 10, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥55.00 (vs JP¥5.47 in 2Q 2022) Second quarter 2023 results: EPS: JP¥55.00 (up from JP¥5.47 in 2Q 2022). Revenue: JP¥1.91b (up 13% from 2Q 2022). Net income: JP¥775.0m (up JP¥698.0m from 2Q 2022). Profit margin: 41% (up from 4.5% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 7 experienced directors. 4 highly experienced directors. 5 independent directors (6 non-independent directors). Independent Outside Director Masaki Murata was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: JP¥55.00 (vs JP¥5.47 in 2Q 2022) Second quarter 2023 results: EPS: JP¥55.00 (up from JP¥5.47 in 2Q 2022). Revenue: JP¥1.91b (up 13% from 2Q 2022). Net income: JP¥775.0m (up JP¥698.0m from 2Q 2022). Profit margin: 41% (up from 4.5% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Ankündigung • Sep 23
Business Breakthrough, Inc. to Report Q2, 2023 Results on Nov 11, 2022 Business Breakthrough, Inc. announced that they will report Q2, 2023 results on Nov 11, 2022 Reported Earnings • Aug 12
First quarter 2023 earnings released: JP¥0.14 loss per share (vs JP¥0.50 profit in 1Q 2022) First quarter 2023 results: JP¥0.14 loss per share (down from JP¥0.50 profit in 1Q 2022). Revenue: JP¥1.69b (up 11% from 1Q 2022). Net loss: JP¥2.00m (down 129% from profit in 1Q 2022). 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 5% per year, which means it is significantly lagging earnings growth. Ankündigung • May 29
Business Breakthrough, Inc. to Report Q1, 2023 Results on Aug 10, 2022 Business Breakthrough, Inc. announced that they will report Q1, 2023 results on Aug 10, 2022 Ankündigung • May 19
Business Breakthrough, Inc., Annual General Meeting, Jun 22, 2022 Business Breakthrough, Inc., Annual General Meeting, Jun 22, 2022. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. 3 highly experienced directors. 1 independent director (8 non-independent directors). Outside Director Masaki Murata was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Ankündigung • Apr 07
Business Breakthrough, Inc. to Report Fiscal Year 2022 Results on May 16, 2022 Business Breakthrough, Inc. announced that they will report fiscal year 2022 results on May 16, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥11.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 24 June 2022. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.2%). Reported Earnings • Feb 12
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥7.53 (up from JP¥1.66 in 3Q 2021). Revenue: JP¥1.73b (up 16% from 3Q 2021). Net income: JP¥106.0m (up 361% from 3Q 2021). Profit margin: 6.1% (up from 1.5% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Reported Earnings • Nov 07
Second quarter 2022 earnings released: EPS JP¥5.47 (vs JP¥8.44 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: JP¥1.70b (up 6.0% from 2Q 2021). Net income: JP¥77.0m (down 34% from 2Q 2021). Profit margin: 4.5% (down from 7.3% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment improved over the past week After last week's 19% share price gain to JP¥493, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 26x in the Consumer Services industry in Japan. Total returns to shareholders of 32% over the past three years. Reported Earnings • Jun 29
Full year 2021 earnings released: EPS JP¥7.21 (vs JP¥3.09 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥5.89b (up 5.1% from FY 2020). Net income: JP¥100.0m (up 133% from FY 2020). Profit margin: 1.7% (up from 0.8% in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Reported Earnings • May 17
Full year 2021 earnings released: EPS JP¥7.21 (vs JP¥3.09 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥5.89b (up 5.1% from FY 2020). Net income: JP¥100.0m (up 133% from FY 2020). Profit margin: 1.7% (up from 0.8% in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥11.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 24 June 2021. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.9%). Ankündigung • Mar 04
Business Breakthrough, Inc. to Report Fiscal Year 2021 Results on May 14, 2021 Business Breakthrough, Inc. announced that they will report fiscal year 2021 results on May 14, 2021 Reported Earnings • Feb 07
Third quarter 2021 earnings released: EPS JP¥1.66 (vs JP¥1.37 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥1.49b (up 3.5% from 3Q 2020). Net income: JP¥23.0m (up JP¥42.0m from 3Q 2020). Profit margin: 1.5% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 68% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Is New 90 Day High Low • Dec 29
New 90-day high: JP¥468 The company is up 19% from its price of JP¥392 on 30 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Services industry, which is down 13% over the same period. Is New 90 Day High Low • Dec 01
New 90-day high: JP¥427 The company is up 8.0% from its price of JP¥395 on 02 September 2020. The Japanese market is also up 8.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Consumer Services industry, which is down 2.0% over the same period. Ankündigung • Nov 29
Business Breakthrough, Inc. to Report Q3, 2021 Results on Feb 05, 2021 Business Breakthrough, Inc. announced that they will report Q3, 2021 results on Feb 05, 2021 Ankündigung • Sep 06
Business Breakthrough, Inc. to Report Q2, 2021 Results on Nov 06, 2020 Business Breakthrough, Inc. announced that they will report Q2, 2021 results on Nov 06, 2020