Reported Earnings • Apr 07
Full year 2026 earnings released: EPS: JP¥41.46 (vs JP¥62.98 in FY 2025) Full year 2026 results: EPS: JP¥41.46 (down from JP¥62.98 in FY 2025). Revenue: JP¥7.54b (up 3.9% from FY 2025). Net income: JP¥239.0m (down 34% from FY 2025). Profit margin: 3.2% (down from 5.0% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Ankündigung • Apr 06
Karula Co.,LTD., Annual General Meeting, May 27, 2026 Karula Co.,LTD., Annual General Meeting, May 27, 2026. Ankündigung • Apr 02
Karula Co.,LTD. to Report Fiscal Year 2026 Results on Apr 06, 2026 Karula Co.,LTD. announced that they will report fiscal year 2026 results on Apr 06, 2026 Upcoming Dividend • Feb 19
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 26 February 2026. Payment date: 22 May 2026. Payout ratio is a comfortable 9.8% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (0.9%). Reported Earnings • Jan 06
Third quarter 2026 earnings released: EPS: JP¥2.95 (vs JP¥7.29 in 3Q 2025) Third quarter 2026 results: EPS: JP¥2.95 (down from JP¥7.29 in 3Q 2025). Revenue: JP¥1.80b (up 1.0% from 3Q 2025). Net income: JP¥17.0m (down 60% from 3Q 2025). Profit margin: 0.9% (down from 2.4% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 07
Second quarter 2026 earnings released: EPS: JP¥28.62 (vs JP¥28.11 in 2Q 2025) Second quarter 2026 results: EPS: JP¥28.62 (up from JP¥28.11 in 2Q 2025). Revenue: JP¥2.08b (up 6.3% from 2Q 2025). Net income: JP¥165.0m (up 1.9% from 2Q 2025). Profit margin: 7.9% (down from 8.3% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. New Risk • Jul 09
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: 4.3% Last year net profit margin: 6.5% 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 Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Minor Risks Profit margins are more than 30% lower than last year (4.3% net profit margin). Market cap is less than US$100m (JP¥2.63b market cap, or US$17.9m). Reported Earnings • Apr 08
Full year 2025 earnings released: EPS: JP¥62.97 (vs JP¥73.00 in FY 2024) Full year 2025 results: EPS: JP¥62.97 (down from JP¥73.00 in FY 2024). Revenue: JP¥7.26b (up 6.2% from FY 2024). Net income: JP¥363.0m (down 17% from FY 2024). Profit margin: 5.0% (down from 6.4% in FY 2024). The decrease in margin was driven by higher expenses. 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 5% per year, which means it is significantly lagging earnings growth. Ankündigung • Apr 07
Karula Co.,LTD., Annual General Meeting, May 21, 2025 Karula Co.,LTD., Annual General Meeting, May 21, 2025. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 27 February 2025. Payment date: 23 May 2025. Payout ratio is a comfortable 7.0% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (0.8%). Ankündigung • Jan 29
Karula Co.,LTD. to Report Fiscal Year 2025 Results on Apr 07, 2025 Karula Co.,LTD. announced that they will report fiscal year 2025 results on Apr 07, 2025 Reported Earnings • Jan 07
Third quarter 2025 earnings released: EPS: JP¥7.29 (vs JP¥0.67 loss in 3Q 2024) Third quarter 2025 results: EPS: JP¥7.29 (up from JP¥0.67 loss in 3Q 2024). Revenue: JP¥1.78b (up 8.6% from 3Q 2024). Net income: JP¥42.0m (up JP¥46.0m from 3Q 2024). Profit margin: 2.4% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 09
Second quarter 2025 earnings released: EPS: JP¥28.10 (vs JP¥40.12 in 2Q 2024) Second quarter 2025 results: EPS: JP¥28.10 (down from JP¥40.12 in 2Q 2024). Revenue: JP¥1.96b (up 7.1% from 2Q 2024). Net income: JP¥162.0m (down 33% from 2Q 2024). Profit margin: 8.3% (down from 13% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 08
First quarter 2025 earnings released: EPS: JP¥21.86 (vs JP¥19.31 in 1Q 2024) First quarter 2025 results: EPS: JP¥21.86 (up from JP¥19.31 in 1Q 2024). Revenue: JP¥1.78b (up 5.3% from 1Q 2024). Net income: JP¥126.0m (up 8.6% from 1Q 2024). Profit margin: 7.1% (up from 6.9% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 07
Full year 2024 earnings released: EPS: JP¥72.99 (vs JP¥10.16 loss in FY 2023) Full year 2024 results: EPS: JP¥72.99 (up from JP¥10.16 loss in FY 2023). Revenue: JP¥6.84b (up 13% from FY 2023). Net income: JP¥437.0m (up JP¥498.0m from FY 2023). Profit margin: 6.4% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Ankündigung • Jan 31
Karula Co.,LTD. to Report Fiscal Year 2024 Results on Apr 05, 2024 Karula Co.,LTD. announced that they will report fiscal year 2024 results on Apr 05, 2024 Ankündigung • Jan 30
Karula Co.,LTD. (TSE:2789) announces an Equity Buyback for 243,000 shares, representing 4.05% for ¥121.74 million. Karula Co.,LTD. (TSE:2789) announces a share repurchase program. Under the program, the company will repurchase up to 243,000 shares, representing 4.40% of its share capital, for ¥121 million. The shares will be repurchased at a price of ¥501 per share. The purpose of the program is to allocate the shares to be delivered upon the exercise of issued stock options, and to implement a flexible capital policy in response to changes in the business environment and improve capital efficiency. The program will expire on January 30, 2024. As of August 31, 2023, the company had 6,007,356 shares in issue (excluding treasury stock) and 13,756 shares in treasury. Buying Opportunity • Jan 09
Now 23% undervalued Over the last 90 days, the stock is up 14%. The fair value is estimated to be JP¥655, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.3% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Jan 07
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 20% 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: Major Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (JP¥3.21b market cap, or US$22.2m). Valuation Update With 7 Day Price Move • Oct 12
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥438, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 25x in the Hospitality industry in Japan. Total loss to shareholders of 1.4% over the past three years. Reported Earnings • Oct 06
Second quarter 2024 earnings released: EPS: JP¥40.12 (vs JP¥3.66 in 2Q 2023) Second quarter 2024 results: EPS: JP¥40.12 (up from JP¥3.66 in 2Q 2023). Revenue: JP¥1.83b (up 17% from 2Q 2023). Net income: JP¥241.0m (up JP¥219.0m from 2Q 2023). Profit margin: 13% (up from 1.4% 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 69% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 06
First quarter 2024 earnings released: EPS: JP¥19.31 (vs JP¥0.08 in 1Q 2023) First quarter 2024 results: EPS: JP¥19.31 (up from JP¥0.08 in 1Q 2023). Revenue: JP¥1.69b (up 18% from 1Q 2023). Net income: JP¥116.0m (up JP¥116.0m from 1Q 2023). Profit margin: 6.9% (up from 0% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • May 30
Full year 2023 earnings released: JP¥10.16 loss per share (vs JP¥74.58 loss in FY 2022) Full year 2023 results: JP¥10.16 loss per share (improved from JP¥74.58 loss in FY 2022). Revenue: JP¥6.04b (up 16% from FY 2022). Net loss: JP¥61.0m (loss narrowed 86% from FY 2022). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • May 30
Full year 2023 earnings released: JP¥10.16 loss per share (vs JP¥74.58 loss in FY 2022) Full year 2023 results: JP¥10.16 loss per share (improved from JP¥74.58 loss in FY 2022). Revenue: JP¥6.04b (up 16% from FY 2022). Net loss: JP¥61.0m (loss narrowed 86% from FY 2022). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 08
Full year 2023 earnings released: JP¥10.15 loss per share (vs JP¥74.58 loss in FY 2022) Full year 2023 results: JP¥10.15 loss per share (improved from JP¥74.58 loss in FY 2022). Revenue: JP¥6.04b (up 16% from FY 2022). Net loss: JP¥61.0m (loss narrowed 86% from FY 2022). 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 1% per year, which means it is significantly lagging earnings growth. Ankündigung • Feb 04
Karula Co.,LTD. to Report Fiscal Year 2023 Results on Apr 05, 2023 Karula Co.,LTD. announced that they will report fiscal year 2023 results on Apr 05, 2023 Reported Earnings • Jan 06
Third quarter 2023 earnings released: EPS: JP¥1.33 (vs JP¥6.49 loss in 3Q 2022) Third quarter 2023 results: EPS: JP¥1.33 (up from JP¥6.49 loss in 3Q 2022). Revenue: JP¥1.53b (up 17% from 3Q 2022). Net income: JP¥8.00m (up JP¥47.0m from 3Q 2022). Profit margin: 0.5% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 7% per year. Board Change • Nov 16
Less than half of directors are independent 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. 8 highly experienced directors. 2 independent directors (5 non-independent directors). Independent External Director Tatsu Hanadate was the last independent director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Ankündigung • Oct 31
Karula Co.,LTD. to Report Q3, 2023 Results on Jan 05, 2023 Karula Co.,LTD. announced that they will report Q3, 2023 results on Jan 05, 2023 Reported Earnings • Oct 06
Second quarter 2023 earnings released: EPS: JP¥3.66 (vs JP¥8.49 loss in 2Q 2022) Second quarter 2023 results: EPS: JP¥3.66 (up from JP¥8.49 loss in 2Q 2022). Revenue: JP¥1.56b (up 18% from 2Q 2022). Net income: JP¥22.0m (up JP¥73.0m from 2Q 2022). Profit margin: 1.4% (up from net loss in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 28% 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 • Aug 02
Karula Co.,LTD. to Report Q2, 2023 Results on Oct 05, 2022 Karula Co.,LTD. announced that they will report Q2, 2023 results on Oct 05, 2022 Reported Earnings • Jul 07
First quarter 2023 earnings released: EPS: JP¥0.08 (vs JP¥5.49 loss in 1Q 2022) First quarter 2023 results: EPS: JP¥0.08 (up from JP¥5.49 loss in 1Q 2022). Revenue: JP¥1.43b (up 18% from 1Q 2022). Net income: JP¥0 (up JP¥33.0m from 1Q 2022). Profit margin: 0% (up from net loss in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Reported Earnings • Jun 02
Full year 2022 earnings released: JP¥74.58 loss per share (vs JP¥163 loss in FY 2021) Full year 2022 results: JP¥74.58 loss per share (up from JP¥163 loss in FY 2021). Revenue: JP¥5.20b (down 1.8% from FY 2021). Net loss: JP¥448.0m (loss narrowed 54% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Ankündigung • May 02
Karula Co.,LTD. to Report Q1, 2023 Results on Jul 05, 2022 Karula Co.,LTD. announced that they will report Q1, 2023 results on Jul 05, 2022 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. 3 experienced directors. 7 highly experienced directors. No independent directors (7 non-independent directors). Director Shuichi Inoue was the last director to join the board, commencing their role in 2014. 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 • Apr 08
Full year 2022 earnings released: JP¥74.58 loss per share (vs JP¥163 loss in FY 2021) Full year 2022 results: JP¥74.58 loss per share (up from JP¥163 loss in FY 2021). Revenue: JP¥5.20b (down 1.8% from FY 2021). Net loss: JP¥448.0m (loss narrowed 54% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 60% 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. Ankündigung • Apr 08
Karula Co.,LTD., Annual General Meeting, May 25, 2022 Karula Co.,LTD., Annual General Meeting, May 25, 2022. Ankündigung • Jan 30
Karula Co.,LTD. to Report Fiscal Year 2022 Results on Apr 05, 2022 Karula Co.,LTD. announced that they will report fiscal year 2022 results on Apr 05, 2022 Reported Earnings • Jan 07
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: JP¥6.49 loss per share (up from JP¥54.44 loss in 3Q 2021). Revenue: JP¥1.30b (down 11% from 3Q 2021). Net loss: JP¥39.0m (loss narrowed 88% from 3Q 2021). 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 72 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 06
Second quarter 2022 earnings released: JP¥8.49 loss per share (vs JP¥24.64 loss in 2Q 2021) The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥1.32b (down 11% from 2Q 2021). Net loss: JP¥51.0m (loss narrowed 66% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Reported Earnings • Jul 07
First quarter 2022 earnings released: JP¥5.49 loss per share (vs JP¥41.79 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: JP¥1.22b (up 11% from 1Q 2021). Net loss: JP¥33.0m (loss narrowed 87% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 02
Full year 2021 earnings released The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: JP¥5.29b (down 32% from FY 2020). Net loss: JP¥977.0m (loss widened JP¥962.0m from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 132 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 07
Full year 2021 earnings released: JP¥163 loss per share (vs JP¥2.50 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: JP¥5.29b (down 32% from FY 2020). Net loss: JP¥977.0m (loss widened JP¥962.0m from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 123 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 24
New 90-day high: JP¥459 The company is up 6.0% from its price of JP¥433 on 26 November 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Hospitality industry, which is also up 6.0% over the same period. Is New 90 Day High Low • Feb 08
New 90-day high: JP¥452 The company is up 3.0% from its price of JP¥440 on 10 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 10.0% over the same period. Is New 90 Day High Low • Jan 14
New 90-day high: JP¥447 The company is up 1.0% from its price of JP¥441 on 16 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 3.0% over the same period. Reported Earnings • Jan 07
Third quarter 2021 earnings released: JP¥54.43 loss per share The company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2021 results: Revenue: JP¥1.47b (down 20% from 3Q 2020). Net loss: JP¥327.0m (loss widened JP¥277.0m from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 129% 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. Reported Earnings • Oct 17
First half earnings released Over the last 12 months the company has reported total losses of JP¥485.0m, with losses widening by 491% from the prior year. Total revenue was JP¥6.26b over the last 12 months, down 19% from the prior year. Reported Earnings • Oct 07
First half earnings released Over the last 12 months the company has reported total losses of JP¥485.0m, with losses widening by 491% from the prior year. Total revenue was JP¥6.26b over the last 12 months, down 19% from the prior year.